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Topic: Gambling is an entertainment? - page 8. (Read 14449 times)

hero member
Activity: 2828
Merit: 611
November 14, 2020, 12:30:53 AM
Casinos could go on working without us becoming gambling addicts, they do exist bigger because we are gambling addicts (we as in people, not me) but that just changes the amount of profit they make, not the profit or loss part of it. Just because all humanity realizes that gambling is risky and you lose money doesn't mean that everyone will stop gambling, there will be a lot of people who would stop gambling if they realize that they can't profit from gambling, but not all gamblers.

I personally know that I won't be profiting but I still continue to gamble, which means I can't be the only one and that is why there are tons of others who are in the same boat. Casinos could still profit from people like me and try to keep us in their casinos to have a steady amount of profit instead of wild whale addicts who lose a bunch and earn a bunch.
hero member
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November 13, 2020, 06:58:18 PM
gambling is like business where people look to make more money from investing little money but most of them will get failed.

Gambling is nothing close to investment man, Your quote is fully wrong. In "investment" you're using analysis to calculate will this investment be successful or not, and the influence of probability is significantly low. And vice versa with gambling, where house of edge and EV is always negative. The only way to invest in gambling is to open your own casino  Grin
Maybe he do talk about those other thread where investment and gambling is just the same but only to those sports betting thing.If we do really think
that clearly then its totally different because gambling is really intended for entertainment purposes and has nothing to do with investment yet
its a different thing to talk about.
legendary
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November 13, 2020, 03:32:28 PM
gambling is like business where people look to make more money from investing little money but most of them will get failed.

Gambling is nothing close to investment man, Your quote is fully wrong. In "investment" you're using analysis to calculate will this investment be successful or not, and the influence of probability is significantly low. And vice versa with gambling, where house of edge and EV is always negative. The only way to invest in gambling is to open your own casino  Grin
legendary
Activity: 2506
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There's no need to be upset
November 13, 2020, 03:19:53 PM
<..>

In short, those who run the casinos are getting money from people who spend money just to have fun.
That's the usual scenario as majority of the gamblers are just having fun, others maybe serious but majority of these serious people are still losing money.

That's how business works they know that majority of players   only want to make their self entertain as time goes on.

Some serious players have secured strategy that they apply to game just  to wins, not all of them is losing money but most of them is.

as the popular saying affirm:
"The house always wins"

definitely agree with both: most of gamblers will end up losing money (here's dopamine addiction again...)

when it comes to winning from the house, I'd add that it depends on the game, some games have an edge while others don't.
some games are just pure luck with really low probability of winning, others have a strategy/skill contribution too.

if you can calculate it (and care about calculating probabilities) you're already far ahead than other gamblers.
legendary
Activity: 1554
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Gamble responsibly
November 13, 2020, 03:15:20 PM
Everyone can gamble but not everyone is capable, especially those who have some financial problem as gambling is not good for them.
Those who have financial problem should truly not gamble because gambling is not about making money, it is about fun, those that want to make money from it with haste will only lose, and that will be the result of a person that is having financial problem and gambling, gambling will only add to his problem. But, not only that, anyone that wants to make money from gambling thinking he can learn it and gain can not really make any difference, they will also lose at last, gambling should be for fun as the topic is suggesting.
hero member
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November 13, 2020, 01:24:04 PM
gambling is one of the funniest way for passing time. it's absolutely entertainment and not business (unless you are a poker pro player Cheesy )
people that doesn't realize this difference are just playing in a nervous way, without enjoying the pleasure of a bets.
I am glad to see the result of the poll Smiley it means that vast majority of players have the same idea about gambling


I agree, the poll shows that most people view gambling as entertainment. The 6 guys voting for No probably pressed the wrong button 😅 there are some people who can't find anything positive in gambling and either lost some money in the past or just never really tried it.

Most of us here on the forum can have a good time with gambling and it's definitely an entertainment.
legendary
Activity: 2226
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November 13, 2020, 01:22:57 PM
IMO, it is subjective.
For me, gambling or betting is an entertainment. Why? because you can gamble without money.
Yep, it can be subjective as people may view in different ways. We have the same opinion because we viewed most people around us spend their time for gambling or betting mostly to get entertainment than earning money. If their purpose is to earn money, they won't come to something that has a higher chance to lose your money than earning money. I am pretty sure that most people who gamble or betting know well about a small chance to win. That's why it is not a proper place to expect earning money. Moreover, if someone wants to earn regularly, he is in the wrong place.

By the way, not all gambling games can be played with no money. It only applies to limited games, while most gambling games or betting require money.
sr. member
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https://bitcointalk.org/index.php?topic=5274318.0
November 13, 2020, 11:51:39 AM
Most of the people states that gambling is form of entertainment but the reality is different gambling is like business where people look to make more money from investing little money but most of them will get failed.

So in your view gambling is business or entertainment,answer honestly. Cheesy

IMO, it is subjective.
For me, gambling or betting is an entertainment. Why? because you can gamble without money.
As a child (or maybe until now), I guess some of you have ever did a slap bet. Yeah the loser will get slapped by the winner. It’s that simple, fun to play, and it’s gambling right?

Also, why do rich people still gamble or come to casino?
Because they want to entertain their self. They love to spend money in casino, not to get money.

Gambling is entertainment, and the money that you get from winning a bet will “entertain” you and add more excitement to your gambling activity.
full member
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November 13, 2020, 11:35:07 AM
Being nervous is normal when you are betting a decent amount and that would affect your finances when you lose, but if you still stay at the line of "bet what you can afford to lose", I guess you'll still be alright and that pain you will feel when you lose is just going to be a short lived one.

I think that "bet what you can afford to lose" will be the important thing that we should remember because if that is not in our dictionary, we will always use more money to bet. Some people will feel losing money for a long time, and they can not erase that feeling for some time. We can apply that thing before we play gambling so that we can avoid a big loss.

This rule is basic for every risky activity where you put your money so it applies to gambling to. I think that as long you bet the sum you can afford to lose you will have fun and when you cross that line frustration, pressure and anger appear. In that case gambling is no longer fun and not just that it can easily turn into problem.

Entertainment must equate to fun, but if it turns out to be the opposite, then you must have the problem already.

So, to avoid the worst scenario, you need to put that anything across the line into a deposit box, investment, etc. that cannot be move,or withdrawn. By doing this, you can forcefully restrain yourself from overdoing a gamble, although, the feeling of loss will still hurt and hunt you, but It is better than losing more than those.
member
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November 13, 2020, 11:22:31 AM
Gambling is both a business and an entertainment because that depends on the players that play the games that would involve gambling. Some people say Gambling is just Mathematics and some players really got the skills to play so they are treating it as a business in which its a source of their income. Other people only gambles when they got money to burn and that is why for them its entertainment.

No matter what the person thinks or believes that doesn't change the fact that gambling for the gambler can not be a business unless they are using some kind of a trick or found some kind of a bug in the system and that way they can control the outcome of the games to a degree that can give them an almost stable source of income, in any other cases which is like more than 99% of them it is just gambling and you should treat it as entertainment, only the ones that are owning the casino are running a business and can count on it to give them return.
member
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★Bitvest.io★ Play Plinko or Invest!
November 13, 2020, 10:20:53 AM
Most of the people states that gambling is form of entertainment but the reality is different gambling is like business where people look to make more money from investing little money but most of them will get failed.

So in your view gambling is business or entertainment,answer honestly. Cheesy

Gambling is both a business and an entertainment because that depends on the players that play the games that would involve gambling. Some people say Gambling is just Mathematics and some players really got the skills to play so they are treating it as a business in which its a source of their income. Other people only gambles when they got money to burn and that is why for them its entertainment.
legendary
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November 13, 2020, 08:49:14 AM
Being nervous is normal when you are betting a decent amount and that would affect your finances when you lose, but if you still stay at the line of "bet what you can afford to lose", I guess you'll still be alright and that pain you will feel when you lose is just going to be a short lived one.

I think that "bet what you can afford to lose" will be the important thing that we should remember because if that is not in our dictionary, we will always use more money to bet. Some people will feel losing money for a long time, and they can not erase that feeling for some time. We can apply that thing before we play gambling so that we can avoid a big loss.

This rule is basic for every risky activity where you put your money so it applies to gambling to. I think that as long you bet the sum you can afford to lose you will have fun and when you cross that line frustration, pressure and anger appear. In that case gambling is no longer fun and not just that it can easily turn into problem.
hero member
Activity: 2856
Merit: 667
November 13, 2020, 07:24:25 AM
Being nervous is normal when you are betting a decent amount and that would affect your finances when you lose, but if you still stay at the line of "bet what you can afford to lose", I guess you'll still be alright and that pain you will feel when you lose is just going to be a short lived one.

I think that "bet what you can afford to lose" will be the important thing that we should remember because if that is not in our dictionary, we will always use more money to bet. Some people will feel losing money for a long time, and they can not erase that feeling for some time. We can apply that thing before we play gambling so that we can avoid a big loss.

Maybe we have different definition of that words, for me, it's betting that you can still continue your life and you will not struggle financially when you lose, it might affect us but it will not affect our responsibility to provide the needs especially to our family.

Everyone can gamble but not everyone is capable, especially those who have some financial problem as gambling is not good for them.
hero member
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November 13, 2020, 07:13:43 AM
Being nervous is normal when you are betting a decent amount and that would affect your finances when you lose, but if you still stay at the line of "bet what you can afford to lose", I guess you'll still be alright and that pain you will feel when you lose is just going to be a short lived one.

I think that "bet what you can afford to lose" will be the important thing that we should remember because if that is not in our dictionary, we will always use more money to bet. Some people will feel losing money for a long time, and they can not erase that feeling for some time. We can apply that thing before we play gambling so that we can avoid a big loss.
hero member
Activity: 3038
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BTC to the MOON in 2019
November 13, 2020, 05:04:02 AM
gambling is one of the funniest way for passing time. it's absolutely entertainment and not business (unless you are a poker pro player Cheesy )
Please consider sports betting as well, both games requires good technique to win and there's no house edge on it.

people that doesn't realize this difference are just playing in a nervous way, without enjoying the pleasure of a bets.
I am glad to see the result of the poll Smiley it means that vast majority of players have the same idea about gambling
Being nervous is normal when you are betting a decent amount and that would affect your finances when you lose, but if you still stay at the line of "bet what you can afford to lose", I guess you'll still be alright and that pain you will feel when you lose is just going to be a short lived one.
Ucy
sr. member
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November 13, 2020, 05:03:31 AM
Well, I have seen people post that they gamble in betting sites/center for fun or entrainment, and some would advice other people to see it as fun & forget the money. I don't think it's a good idea to enjoy gambling (or taking big risk) in betting sites/centers. It is also not a good idea to see gambling in betting sites as business. You are basically taking big risk that can cause you financial ruin.
I don't have problem with people who bet (rather than gamble), are responsible/good bettor and probably consider betting as business if they earn consistently from betting .
The problem is gambling or taking big bet risk... whether it is by betting little amount often or big amount occasionally. Only bet what you can afford to lose/risk occasionally. And don't bet for fun if you are not skilled and consistent winner otherwise you could get addicted but unprofitable.
legendary
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Nec Recisa Recedit
November 13, 2020, 04:56:46 AM
gambling is one of the funniest way for passing time. it's absolutely entertainment and not business (unless you are a poker pro player Cheesy )
people that doesn't realize this difference are just playing in a nervous way, without enjoying the pleasure of a bets.
I am glad to see the result of the poll Smiley it means that vast majority of players have the same idea about gambling
full member
Activity: 2408
Merit: 202
November 13, 2020, 03:58:57 AM
Gambling is an entertainment that can turn into a serious addiction, if you have weak willpower! Therefore, the gambling should be taken very seriously! You don't need to try to get rich with gambling, then it will be a simple entertainment... Wink
Or if you have no family closer to you then the chances of being addicted will always there as our will to play is always there without any interruptions and interference .
I am lucky having a family that always supports me in every step of the way so the chance of being gambler is there but to become addict?
no and never that will come to my senses.
And the idea of instant millionaire ?this is where all rooting and those are the people that either dies in gambling or become worst in living.
legendary
Activity: 2338
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November 13, 2020, 03:55:18 AM
I view it as entertainment. I can barely watch any sports unless money is riding on it. Well, I don't watch sports often now a days anyways. It gets interesting when you've bet on something while watching the sport.
hero member
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November 13, 2020, 03:02:30 AM
Gambling is an entertainment that can turn into a serious addiction, if you have weak willpower! Therefore, the gambling should be taken very seriously! You don't need to try to get rich with gambling, then it will be a simple entertainment... Wink
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