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Topic: Gamblers lose more money than win. - page 5. (Read 27580 times)

full member
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Merit: 117
November 20, 2020, 09:38:50 PM
In fact it is theoretically possible for gamblers to make more money than to lose a lot of money. But why is the practice so different,
most gamblers lose a lot more money playing gambling than the money they make. It turns out that most gamblers can't control
their emotions when playing gambling, so greed takes over. So it is only natural that many gamblers end up having a lot of debt when
addicted to playing gambling.
hero member
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November 20, 2020, 09:22:11 PM
~snip~
They do realize that they have to risk it because they'll use it for gambling. But the ratio of losing people is more than the people who are winning whichever is the source of the money that they'll use.
It is no debate that many are losing than winning.

Yes, we agree that many people are losing than winning the games. But that will not stop people from still playing gambling games, and even they will spend longer gambling just to hope that they can be the winner and win some money.

If you have extra funds to spend for entertainment purposes, why not? But if you are getting a loan just to fulfil your gambling habit, I don't think that's advisable. And if you already lost the money allotted for that day or session, don't be tempted to send again if that money is for other things. Better secure your money from your gambling desires or else, you will regret it afterwards.

I don't think that using extra funds can be good for entertainment purposes because it can make you forget the limited budget you already manage. If you still use the extra funds when you lose in gambling, that can tempt you to still playing because you realize that your money is reduced a lot. No matter what, you should obey your rule, so you still stick with your limited budget and not even try to use more money to playing gambling.
full member
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★Bitvest.io★ Play Plinko or Invest!
November 20, 2020, 06:14:07 PM
The moto should be always to play with the money given by casino and never with one from your own pocket Tongue that way you can easily save up lots of money without sacrificing anything in return. All we do is bust away free money and then try to recover by placing bets from our own pockets.
I do not see anything wrong to bet with our money too, but gambling takes discipline in a way we should not gamble with what we can not afford to lose or with the money that if we lose it will results to calamity for us, we should gamble with what we can lose and never be sad about. With the experience I am having, there are many betting sites that will not give you any bonus until you bet using their betting site, which means you still need to deposit and gamble before seeing bonus.
Nothing wrong, the gambler should know about the spending. He should allocate for the purpose of gambling. If things weren't working as predicted, then just go stop it. Comeback by the next week/month. People won't do this, they try to make use of the funds that's been kept aside for other needs. This is a wrong pick, because the loss will affect the living. We should not pave path for such a situation.

If you have extra funds to spend for entertainment purposes, why not? But if you are getting a loan just to fulfil your gambling habit, I don't think that's advisable. And if you already lost the money allotted for that day or session, don't be tempted to send again if that money is for other things. Better secure your money from your gambling desires or else, you will regret it afterwards.
sr. member
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Leading Crypto Sports Betting & Casino Platform
November 20, 2020, 03:35:48 PM
The moto should be always to play with the money given by casino and never with one from your own pocket Tongue that way you can easily save up lots of money without sacrificing anything in return. All we do is bust away free money and then try to recover by placing bets from our own pockets.
I do not see anything wrong to bet with our money too, but gambling takes discipline in a way we should not gamble with what we can not afford to lose or with the money that if we lose it will results to calamity for us, we should gamble with what we can lose and never be sad about. With the experience I am having, there are many betting sites that will not give you any bonus until you bet using their betting site, which means you still need to deposit and gamble before seeing bonus.
Nothing wrong, the gambler should know about the spending. He should allocate for the purpose of gambling. If things weren't working as predicted, then just go stop it. Comeback by the next week/month. People won't do this, they try to make use of the funds that's been kept aside for other needs. This is a wrong pick, because the loss will affect the living. We should not pave path for such a situation.
legendary
Activity: 1554
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Gamble responsibly
November 20, 2020, 02:54:33 PM
The moto should be always to play with the money given by casino and never with one from your own pocket Tongue that way you can easily save up lots of money without sacrificing anything in return. All we do is bust away free money and then try to recover by placing bets from our own pockets.
I do not see anything wrong to bet with our money too, but gambling takes discipline in a way we should not gamble with what we can not afford to lose or with the money that if we lose it will results to calamity for us, we should gamble with what we can lose and never be sad about. With the experience I am having, there are many betting sites that will not give you any bonus until you bet using their betting site, which means you still need to deposit and gamble before seeing bonus.
hero member
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November 20, 2020, 02:07:47 PM
But in able for you to get that promo money, there will be sets of instructions that you need to pass or a requirement that seem to be in favor of the casino and not you. Anyway, you are right that you won't be risking your money if you get to use that money.
I guess most gamblers are doing this if ever they receive money from bonuses and promos or any free stuff from the casino.
That is right. I guess that only some gamblers will want to pass the requirement, especially for gamblers who can win some money because they think that money belongs to them. They don't realize that they will risk their money once they verify themselves regarding getting the promo money. And that will be the sign for them to lose more money if they play gambling for a long time.
They do realize that they have to risk it because they'll use it for gambling. But the ratio of losing people is more than the people who are winning whichever is the source of the money that they'll use.
It is no debate that many are losing than winning.
hero member
Activity: 2954
Merit: 605
November 20, 2020, 07:16:26 AM
Eventually you'll master it, at least have a plan so your problem next is on how to implement that plan. Not only setting a specific amount of winning, but more so on the amount of losing as that's where the real problem starts, when we are greedy, we will lose more than we expected.

Yeah, with enough experience you will get more grasp on your emotions and you tend to be more calm and confident while betting and you know what is your limit, how much you should bet and when you should stop betting and take a break, that is why it is always smart to start betting with smaller amount of money if you've just started gambling and you don't know much about it.

The moment you started feeling that you got enough experience now and you are not feeling as anxious anymore while you're betting and you are in some loss that's when you can start increasing your bet size gradually if you want.

I'm not just saying it because I read it somewhere, I really experience that. With my long years of experience in gambling, I have already learned how to control myself and I think that is the most important whether you just play for fun or you are serious treating gambling as an investment.
member
Activity: 518
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November 20, 2020, 07:01:07 AM
Eventually you'll master it, at least have a plan so your problem next is on how to implement that plan. Not only setting a specific amount of winning, but more so on the amount of losing as that's where the real problem starts, when we are greedy, we will lose more than we expected.

Yeah, with enough experience you will get more grasp on your emotions and you tend to be more calm and confident while betting and you know what is your limit, how much you should bet and when you should stop betting and take a break, that is why it is always smart to start betting with smaller amount of money if you've just started gambling and you don't know much about it.

The moment you started feeling that you got enough experience now and you are not feeling as anxious anymore while you're betting and you are in some loss that's when you can start increasing your bet size gradually if you want.
hero member
Activity: 2954
Merit: 605
November 20, 2020, 06:42:05 AM
Even We don't like losing in the gambling but Lose always chasing us, and that happened because of the greediness We felt every time
We played in the game platform. I've experienced this many times in gambling online here in cryptocurrency. So, for us to avoid this thing let
us not become greed as a gamblers in any of the games whether in casinos, slots or in-house games.
I doubt it. They can easy to say but you wouldn't you are greedy until you lose, I've experienced that already but what did I do to trick out my greediness is to setup a certain target win maybe like $300 whenever I deposit and if I reached it then I'll withdraw, might not work to others but worth a try.
Eventually you'll master it, at least have a plan so your problem next is on how to implement that plan. Not only setting a specific amount of winning, but more so on the amount of losing as that's where the real problem starts, when we are greedy, we will lose more than we expected.
full member
Activity: 369
Merit: 101
November 20, 2020, 05:06:50 AM
Even We don't like losing in the gambling but Lose always chasing us, and that happened because of the greediness We felt every time
We played in the game platform. I've experienced this many times in gambling online here in cryptocurrency. So, for us to avoid this thing let
us not become greed as a gamblers in any of the games whether in casinos, slots or in-house games.
I doubt it. They can easy to say but you wouldn't you are greedy until you lose, I've experienced that already but what did I do to trick out my greediness is to setup a certain target win maybe like $300 whenever I deposit and if I reached it then I'll withdraw, might not work to others but worth a try.
hero member
Activity: 1722
Merit: 528
November 20, 2020, 04:46:44 AM
People should really stop gambling if they can't afford it.

I don't know where they are getting this confidence that they could still increase their money despite the fact that they could lose a lot of money. They should just stay chill, not let the emotions run out. They should really believe in math and just think about the possibility of them winning which is low, and the fact that they don't have that much money to use makes it riskier.
It is not their confidence that is keeping them to play and thinking that they could still increase their money, it is their hope to get their money back, get more money, or simply just their greediness is what drives them to play until they have nothing else to bet.

I think that is that.

The fact that they are hoping to win means that they are still confident with their bets, they are still confident that they can still win. People should just stop right there if they are close to their end so they could use more in the next day or maybe time that they will gamble. For me, at that time they have a higher probability of winning as they can bring more money. I doubt that it is greed since they are already losing.


This is hard sometimes.

I can control myself when I lose but when I am winning, there is this thought that either you win or you lose your next bet, you could still have that profit and just stop after that one bet but usually, it doesn't end with one last bet. In my case, I usually have the of 3 after winning. If I can't stop betting after winning, I just need to bet 3 more and stop lose or win.
As what I have said above, that is also greediness. That thought in your mind when you win, that you could still have the profit so you can continue to bet more until you can't stop.

Now, this is where I agree that it is greediness.

They already won and they think they could earn more. In my case, it is not greed. I am also thinking about the probability that I could win more but not my gut telling me but I am basing it with some math; since I have a number of bets that I could do, that increases the wins that I can do and the losses that I can take. I am thinking that it will be the latter usually so I immediately stop at three.
legendary
Activity: 1904
Merit: 1277
November 20, 2020, 04:26:46 AM
It's a case of greed taking priority over logic.
If you bet $100 on a 50% coin toss, then win, you have $200. If you then put your $200 on the next coin toss, you may end up with $400 or $0. The point is that if you keep putting your winnings back in, it is 100% inevitable that you end up with nothing.
Walking away when you are winning is a rare skill, but it's the key to successful gambling.
member
Activity: 1120
Merit: 68
November 20, 2020, 04:24:09 AM
Even We don't like losing in the gambling but Lose always chasing us, and that happened because of the greediness We felt every time
We played in the game platform. I've experienced this many times in gambling online here in cryptocurrency. So, for us to avoid this thing let
us not become greed as a gamblers in any of the games whether in casinos, slots or in-house games.
I think it is normal for us to have more losses than winning a considerable amount of money in gambling because gambling is a risk, and we sometimes aim and hope to win a profit in gambling. It is why we shouldn't be trying to chase profit in gambling because only a few people are lucky enough to go home with a winning profit in gambling.
full member
Activity: 791
Merit: 139
November 20, 2020, 03:32:17 AM
Even We don't like losing in the gambling but Lose always chasing us, and that happened because of the greediness We felt every time
We played in the game platform. I've experienced this many times in gambling online here in cryptocurrency. So, for us to avoid this thing let
us not become greed as a gamblers in any of the games whether in casinos, slots or in-house games.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
November 20, 2020, 02:40:11 AM
Obviously gamblers are losing more than their win if we calculate the net difference in the total rewards paid to the total bet amount and that is how the gambling casinos or sites survive here and making profits.Its not a rocket science to understand it either for most but still they prefer to gamble because they feel that they are lucky and can win more money from their betting amount.

Maybe or Maybe not there aren't specific statistics regarding gamblers if there are then please include them.
There are some gamblers that win in starting and never come back and there are others that win, come back and lose everything.
But addiction is on both sides!

So if 1st time winning gambler comes back then they have less chance of winning again depending on the house edge.
As long as a gambler can control themselves, especially if they win the games, they will not lose the money because they can manage the money and stop the game.
But many gamblers losing their control in the gambling after they win, and they think that if they can continue playing gambling, they will have a chance to win.
That is not always right because we know that gambling is based on luck, and we can not always win after winning the game.
A gambler will lose more money if they still playing because they don't have a big chance to win much money.
If they can win small money, it is better to stop for a while and not play more rounds because they can lose that money.
hero member
Activity: 3038
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November 20, 2020, 02:27:33 AM
Obviously gamblers are losing more than their win if we calculate the net difference in the total rewards paid to the total bet amount and that is how the gambling casinos or sites survive here and making profits.Its not a rocket science to understand it either for most but still they prefer to gamble because they feel that they are lucky and can win more money from their betting amount.

Maybe or Maybe not there aren't specific statistics regarding gamblers if there are then please include them.
There are some gamblers that win in starting and never come back and there are others that win, come back and lose everything.
But addiction is on both sides!

So if 1st time winning gambler comes back then they have less chance of winning again depending on the house edge.

Just based on the saying that the longer we play the less chance of winning we have, and there's only one reason why we are at that situation, and that is because we are gambler on games where there's a house edge.
sr. member
Activity: 1820
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November 20, 2020, 02:08:30 AM
Obviously gamblers are losing more than their win if we calculate the net difference in the total rewards paid to the total bet amount and that is how the gambling casinos or sites survive here and making profits.Its not a rocket science to understand it either for most but still they prefer to gamble because they feel that they are lucky and can win more money from their betting amount.

Maybe or Maybe not there aren't specific statistics regarding gamblers if there are then please include them.
There are some gamblers that win in starting and never come back and there are others that win, come back and lose everything.
But addiction is on both sides!

So if 1st time winning gambler comes back then they have less chance of winning again depending on the house edge.
full member
Activity: 1204
Merit: 100
November 19, 2020, 11:09:49 PM
There are a few bookies who have great promotions at the moment. If you play with that money that you get in a promotion, you never have to risk your own money. Unfortunately, such promotions don't last forever. And if you have won, withdraw immediately.
i am doing the same, i always try and find the best promotions without risking a big amount of my money, and whether i won or lost, i get the heck out of there, people need to not trick themselves into thinking they can win all the time even after a long losing streak.
legendary
Activity: 2576
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November 19, 2020, 10:14:50 PM
Failure-To-Walk-Away: Gamblers spirit failure to walk away after win game, instead bet further with hope of more wins until the won money is finished. In 2009 survey findings by researchers from University of Stanford in California, found that around 92% of people who do casino gambling are addicted.
People are tend to have a trait that they aren't contented to what they have already and this is the reason why gamblers can't walk away after winning huge money in a casino.

Gamblers are getting addicted most of the time as they spend more time gambling and failure to go home after winning is causing them to lose their initial capital and their winnings. There are some who can control themselves for sure but this is the one of the reasons why casinos aren't going bankrupt at all Cheesy
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November 19, 2020, 08:18:58 PM
~snip~
Something that every gamblers needs to realize, if you don't have the right control all of your money will be spent away. Gambling can entertain you in a short period of time as you feel some winning run.

But once you start experiencing loses, this where everything will start all those fun will be removed what left is your will to recover all
of your used money but while trying you just be left empty handed.
When a gambler plays gambling for a long time, he will hard to realize how to control his money, and he will spend his money only on gambling. But as long as he can get entertainment from gambling, he will not feel too bad because of losing that money. Besides that, he is not chasing the win money.

Win or loss is normal in gambling games and how we can control our gambling emotions. If you think that you need to chase or recover your losses, you better forget it because you will see that it is difficult to do. A gambler will lose more money than to win the money.

There are a few bookies who have great promotions at the moment. If you play with that money that you get in a promotion, you never have to risk your own money. Unfortunately, such promotions don't last forever. And if you have won, withdraw immediately.
But in able for you to get that promo money, there will be sets of instructions that you need to pass or a requirement that seem to be in favor of the casino and not you. Anyway, you are right that you won't be risking your money if you get to use that money.
I guess most gamblers are doing this if ever they receive money from bonuses and promos or any free stuff from the casino.
That is right. I guess that only some gamblers will want to pass the requirement, especially for gamblers who can win some money because they think that money belongs to them. They don't realize that they will risk their money once they verify themselves regarding getting the promo money. And that will be the sign for them to lose more money if they play gambling for a long time.
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