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Topic: Gambling is not a steady income haven - page 18. (Read 4000 times)

hero member
Activity: 728
Merit: 633
June 21, 2023, 08:28:33 AM
Especially if you are new to gambling and have started to profit from gambling. Everything goes great once you start winning and that's exactly what casinos want. You increase your income and continue to gamble with higher balances. Because most people think that if they try gambling long enough, they'll make a big hit.
Do you mean we should gamble for few times, then withdraw all of the money and never comeback to the casino anymore?

Well you're not always making profit when you gamble for few times in the beginning, it's all about luck and there's no such winning set up for new gambler. There's a rule about minimum rollover, if you not met it you will get asked to submit KYC because the security flag your activity is suspicious.
hero member
Activity: 1484
Merit: 726
June 21, 2023, 08:09:10 AM
So gambling can bring in good income if only we can diversify the earning we generate from gambling and this is something most gamblers should have thought about,  and try to work towards.

It is almost impossible to get a steady income from gambling. Casinos give more prominence to games that will bring you small gains in the short run but will make you lose in the long run. Especially if you are new to gambling and have started to profit from gambling. Everything goes great once you start winning and that's exactly what casinos want. You increase your income and continue to gamble with higher balances. Because most people think that if they try gambling long enough, they'll make a big hit.

At this point, it is inevitable that you will suffer a great loss. All your profits in the time it takes to make almost a big balance will evaporate. Stop gambling for income and never gamble with money you need. You should gamble for fun.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
June 17, 2023, 11:53:46 PM
Gamblers are to make casino owners more richer.

Yes, that's how they make their own money. If having a casino was not a very profitable business, I don't think there would have been a whole lot of casinos, because the truth is that millions of gamblers are losing billions of dollars every day on the different casino platforms.
Gamblers make casino owners richer, especially if the gambler has a lot of money and gambles daily. And he lost so much it will attract the attention of casino owners to provide more services than others.

If gamblers knew and realized that gambling is not a place to make money but to lose a lot of money, they would not want to spend much on gambling. But then again, the temptation of gambling is so great that it keeps gamblers returning even after losing.

If you have a bad habit and keep doing it, you are addicted. Like smoking, for example. The smoker knows that it is harmful, but continues to smoke despite this. He also likes to smoke and you can't stop him from that. Humans are creatures of choice. Therefore, it would be wrong to judge those who have such preferences. After all, this person likes to gamble and keeps going. He may continue to gamble voluntarily if it does not harm others.

Resisting the lure of gambling is not easy. Usually casinos win, but of course there are times when the gambler wins too. As a general statement, it would be wrong to say that only casinos win. It would be more accurate to say that they usually win.
Indeed, it is up to them if they like to gamble but if it happens to our family members or friends, we must warn them not to continue gambling and advise them to save their money. We remind them because we care about them and don't want to see them addicted to gambling after playing non-stop.

Resisting to play gambling is not easy, but we must try it for our own good. If we can resist gambling or reduce gambling activities, we can avoid gambling addiction. But the casino will win because the casino's winnings come from losing gamblers and there are many losing gamblers. So it's only normal that the casino will get the most profit.
STT
legendary
Activity: 4088
Merit: 1452
June 17, 2023, 01:56:21 PM
Its quite steady if you run the game, the house always wins or at least gets their fee from each game.   Remember that and you have to be very sure of your bet, the cash put down and the idea of gambling it in the hope of overcoming odds not usually in your favor.    Even the house running the game can sometimes find people win alot and it can be difficult to float the cashflow needed to pay out winnings, so I suppose nobody has it perfectly easy there is no definite win or loss for anyone so its almost by definition not steady or regular cash.
legendary
Activity: 2534
Merit: 1338
June 17, 2023, 01:32:46 PM
If you have a bad habit and keep doing it, you are addicted. Like smoking, for example. The smoker knows that it is harmful, but continues to smoke despite this. He also likes to smoke and you can't stop him from that. Humans are creatures of choice. Therefore, it would be wrong to judge those who have such preferences. After all, this person likes to gamble and keeps going. He may continue to gamble voluntarily if it does not harm others.

Resisting the lure of gambling is not easy. Usually casinos win, but of course there are times when the gambler wins too. As a general statement, it would be wrong to say that only casinos win. It would be more accurate to say that they usually win.
I think this is too general, after all then this would mean that every single person which has a bad habit is addicted to that habit, in my opinion an addiction can be considered to be taken place if the person has a physical dependency on it and they keep doing the activity despite seriously hurting themselves in the process, so someone which smokes a cigarette once in a while is not really addicted to it, but someone which smokes a pack of cigarettes every day can be considered to be addicted to gambling.
sr. member
Activity: 672
Merit: 337
June 17, 2023, 04:26:37 AM
Gambling is a very bad habit if the gambler becomes addicted to gambling. Those who engage in original gambling play a major role especially in making money and also in losses. Gambling in particular can never be completely unprofitable. Many have lost huge amounts of money and are carrying debt burdens by selling assets, yet people are not immune to gambling addiction. And the employees who build these casinos are the main gamblers and they are the ones who are heavily addicted to gambling to keep their casinos running. And they are highly skilled, if you look at their intelligence and strategy, you will be amazed. And play sparingly without getting addicted to the tide.
hero member
Activity: 826
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Leading Crypto Sports Betting & Casino Platform
June 17, 2023, 04:09:02 AM
Gambling winning can never substitute for steady income this is because there is no consistency in gambling earning and at that, one can not rely on it to make a living, worst case is when the individual is unemployed because that will truly hurt his finances and upkeep allowance where it is available.

Gambling should be waken for fun and wakened mormoreout it because if you rely so much on gambling, it may lead to some other severe problems that you may not be able to control as an unemployed person.

In Gambling, if you're lucky you may win some games consistently but there is no way this can continue forever. You will lose games and bets too and there is no guarantee that you can win a certain amount of money on a daily basis. Some days you might win a lot of money and on other days you may lose a lot of money, so a steady income through gambling is not possible.

I would say that gambling is not even an earning heaven because if you analyze we face losses more than the winnings. You can say that gambling gives you a lot of fun but steady money I really doubt it.

Gambling has prove to be purely based luck, you will be surprise yourself when you see the rate which your games win repeatedly, even the fellow gamblers you less expect win something in that period but there will come a time when everyone will suffer the same lost, this happens when everyone has confidence in teams that were having winning streak back to back, I could remember last season how my Arsenal youngins and Manchester City were all making the stream smiles, I made a lot of money from Napoli matches last year because of Osimhen, the odds were good that any amount will give you something worth the risk.

Gambling is based on our luck we can not say or predict that every time we bet is we always win so it's so simple that in the world of gambling, we can not find a steady income because it will be based on our luck maybe sometimes our strategy will function and we will win a good amount of money BUT it is temporary. And some of our bet are loss.
No strategy and plan can ever work at best for gambling, they could only help once in a while, and the truth is what you have said, gambling goes with luck if you must win from it. And luck is not something that we can see, feel or control, therefore it's a risk we must sign up for, and by virtue of that, we should not expect to get rich through gambling or make some consistent income from it. Our minds should rather be programmed for a random income.

But at times, some people could be so rich through gambling, yet they must either gamble with a high amount of money or took a huge chance where luck merely shone on them.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
June 17, 2023, 03:09:21 AM
You're right noting that gamblers often end up filling the pockets of casino owners. The essence of a casino's business lies in a simple rule - over time, they're bound to win. This is down to the inbuilt house advantage, ensuring the casino always stays ahead after numerous games. Interestingly, you've nailed the gambling conundrum. Despite potential losses, people keep betting, fooled by mind tricks like the gambler's fallacy and illusion of control. They overvalue their winning odds and underplay the role of chance, believing they can beat the system. However, let's remember that for some, gambling isn't about making money but finding excitement or relief from stress. Understanding this isn't just about being aware of the risks.
I never expected that I would be in that position of being stressed out due to RTP feeling like it was not working. It is true, that casino sites are bound to win in the long run. First, they will give you that good win, most of the time that is the case. Then, you will try more, and a gambler's greed will be activated. Next, it will be depositing more because a gambler had experienced winning even though he had not withdrawn anything yet.
Until he finds himself losing all the money he has even the savings. Thankfully, I've never been there yet, I always try to just use whatever money I left for my gambling hobby, and when it's all gone, I'd sleep it through. I love the hype it gives and the different emotions it could let out, happy, sad, angry, and more, but health is wealth so if a gambler can rest after a loss then he is still good.
full member
Activity: 406
Merit: 188
June 17, 2023, 02:52:20 AM
Gamblers are to make casino owners more richer.

Yes, that's how they make their own money. If having a casino was not a very profitable business, I don't think there would have been a whole lot of casinos, because the truth is that millions of gamblers are losing billions of dollars every day on the different casino platforms.
Gamblers make casino owners richer, especially if the gambler has a lot of money and gambles daily. And he lost so much it will attract the attention of casino owners to provide more services than others.

If gamblers knew and realized that gambling is not a place to make money but to lose a lot of money, they would not want to spend much on gambling. But then again, the temptation of gambling is so great that it keeps gamblers returning even after losing.

If you have a bad habit and keep doing it, you are addicted. Like smoking, for example. The smoker knows that it is harmful, but continues to smoke despite this. He also likes to smoke and you can't stop him from that. Humans are creatures of choice. Therefore, it would be wrong to judge those who have such preferences. After all, this person likes to gamble and keeps going. He may continue to gamble voluntarily if it does not harm others.

Resisting the lure of gambling is not easy. Usually casinos win, but of course there are times when the gambler wins too. As a general statement, it would be wrong to say that only casinos win. It would be more accurate to say that they usually win.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
June 17, 2023, 01:14:18 AM
You're right noting that gamblers often end up filling the pockets of casino owners. The essence of a casino's business lies in a simple rule - over time, they're bound to win. This is down to the inbuilt house advantage, ensuring the casino always stays ahead after numerous games. Interestingly, you've nailed the gambling conundrum. Despite potential losses, people keep betting, fooled by mind tricks like the gambler's fallacy and illusion of control. They overvalue their winning odds and underplay the role of chance, believing they can beat the system. However, let's remember that for some, gambling isn't about making money but finding excitement or relief from stress. Understanding this isn't just about being aware of the risks.
That's why casinos always offer great deals and add various games so that people can come back and gamble for a long time. And this strategy succeeded in giving the casino a lot of advantages and making the casino last for a long time. People who expect a steady income from gambling shouldn't do it, especially after the many losses they get almost daily. They also have to consider whether it's worth keeping going since they've already lost enough. And if they can understand what happened and realize that it was a mistake, they should think of other ways to earn a steady income.
hero member
Activity: 3080
Merit: 603
June 16, 2023, 05:56:23 PM
Though in terms of steady income that all came from gambling, that's something that is not usual. Maybe some will say that they
can do it, but for sure it's only a small percentage of a gambler,
It's surely that they're a small percentage of real gamblers. Even the pro gamblers are having hard time dealing of these difficulties but they know what they're up to and how they're able to make money from it.

more on the casino owners who can generate steady income from
gambling.
Right also those influencers that are getting paid to advertise the casinos that chosen them as their ambassador or advertiser. There's a certain and assured money for them. Not forgetting those that has communities and managed to build their affiliates on certain channels or groups that they've made, they are earning passively from those people.
hero member
Activity: 2730
Merit: 632
June 16, 2023, 05:43:12 PM
Gamblers are to make casino owners more richer.
Yes, that's how they make their own money. If having a casino was not a very profitable business, I don't think there would have been a whole lot of casinos, because the truth is that millions of gamblers are losing billions of dollars every day on the different casino platforms.
Gamblers make casino owners richer, especially if the gambler has a lot of money and gambles daily. And he lost so much it will attract the attention of casino owners to provide more services than others.

If gamblers knew and realized that gambling is not a place to make money but to lose a lot of money, they would not want to spend much on gambling. But then again, the temptation of gambling is so great that it keeps gamblers returning even after losing.
The gamblers that make casinos richer are not the regular gamblers who get into a casino with $50 hoping to make it $1,000 but manage to lose it very soon and then get out with disappointment. The gamblers that make a casino become richer are high rollers who have a lot of money and don't gamble only to get more money but they do it because they want to and they can afford to lose any amount of money for it.

High rollers find gambling to be fun, I know that even they want to win as well because no one plays to lose no matter what it is, but it wouldn't bother them much if they lose even the whole bankroll they've brought with themselves in a casino because they are rich.
Just like what others describe what gambling is, it is the most expensive form of entertainment. Might be easy to understand by many but only few people can actually fathom what's true the meaning behind that phrase as not every gambler literally knows about gambling and what is it, although that is normal because we are not here to know it and people around the globe have their own specific reason why they are gambling. But the most common is to make money even if the chances for them to win is not that good, compared to the house who always got the advantage.
Not necessarily expensive because you could actually enjoy out gambling even on a small amount but of course there's a significant differences in between to those who do have big balance compared to those small
when it comes to gambling session.We know that people doesnt really easily get contented when it comes to deal up with things specially with gambling. They wont really be that not satisfied on such session
on which they would really be asking for more. On the time that they would be able to experience up some winning moments then they would totally be forgetting on how much they had lost in return.
They would be continuing until they would be busting up all of their balance and realized that gambling is never been that ideal on making it as a source of income. Most newbies would really be having that
kind of impression that gambling could fulfill out their wishes on becoming rich but once that reality would slap into your face then for sure you would really be telling the opposite.
legendary
Activity: 3010
Merit: 1280
Get $2100 deposit bonuses & 60 FS
June 16, 2023, 04:25:14 PM


And that is why it is called gambling, because of the risk involved and you will just based everything on pure luck. Even if let's say you are a professional player, still you don't know if you are going to win every night, hence it's not a way to bring income and food in the table for your family.
The uncertainty in the outcome of gaming session is always unpredictable and most time depend largely on luck since the casino will never allow the gambler to win easily over the house so that makes it to become hard for gamblers to time themselves and work toward winning at repeated level,  but then also we talk about the possibility for the gambler to have been lucky to have won big amount once,  by hitting the jackpot and saving some of that money or putting it into other a business that can help bring in steady income.

So gambling can bring in good income if only we can diversify the earning we generate from gambling and this is something most gamblers should have thought about,  and try to work towards.



If a gambler has that mentality, then they can make more money. I mean if after winning decently and manage to withdraw the funds and use it for other investments, that money can grow more and give them financial stability. More money you have more ways to enjoy life, maybe part of it can still in gambling, but chances that you may be busy in other form in life are also possible.

If that is the case that gambler is able to restrain themselves from using the won money to gamble again the next day.  Or if the gambler is really able to win a huge amount of money that is enough for creating busiess that will become the source of stable income for him.  But what if the gambler, instead of winning lose a huge amount of money, then the gambler must think of a better way in engaging with gambling activities.

Though in terms of steady income that all came from gambling, that's something that is not usual. Maybe some will say that they
can do it, but for sure it's only a small percentage of a gambler, more on the casino owners who can generate steady income from
gambling.

If the gambler is willing, he can do it if by chance he won a huge amount of money.  But as you stated only a few gamblers are able to win a life-changing amount and most of them often ends up in a more dire situation because they did not manage their money properly.
legendary
Activity: 2996
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Leading Crypto Sports Betting & Casino Platform
June 16, 2023, 02:57:34 PM


And that is why it is called gambling, because of the risk involved and you will just based everything on pure luck. Even if let's say you are a professional player, still you don't know if you are going to win every night, hence it's not a way to bring income and food in the table for your family.
The uncertainty in the outcome of gaming session is always unpredictable and most time depend largely on luck since the casino will never allow the gambler to win easily over the house so that makes it to become hard for gamblers to time themselves and work toward winning at repeated level,  but then also we talk about the possibility for the gambler to have been lucky to have won big amount once,  by hitting the jackpot and saving some of that money or putting it into other a business that can help bring in steady income.

So gambling can bring in good income if only we can diversify the earning we generate from gambling and this is something most gamblers should have thought about,  and try to work towards.



If a gambler has that mentality, then they can make more money. I mean if after winning decently and manage to withdraw the funds and use it for other investments, that money can grow more and give them financial stability. More money you have more ways to enjoy life, maybe part of it can still in gambling, but chances that you may be busy in other form in life are also possible.

Though in terms of steady income that all came from gambling, that's something that is not usual. Maybe some will say that they
can do it, but for sure it's only a small percentage of a gambler, more on the casino owners who can generate steady income from
gambling.
hero member
Activity: 2940
Merit: 613
Winding down.
June 16, 2023, 01:34:57 PM
Gamblers are to make casino owners more richer.
Yes, that's how they make their own money. If having a casino was not a very profitable business, I don't think there would have been a whole lot of casinos, because the truth is that millions of gamblers are losing billions of dollars every day on the different casino platforms.
Gamblers make casino owners richer, especially if the gambler has a lot of money and gambles daily. And he lost so much it will attract the attention of casino owners to provide more services than others.

If gamblers knew and realized that gambling is not a place to make money but to lose a lot of money, they would not want to spend much on gambling. But then again, the temptation of gambling is so great that it keeps gamblers returning even after losing.
The gamblers that make casinos richer are not the regular gamblers who get into a casino with $50 hoping to make it $1,000 but manage to lose it very soon and then get out with disappointment. The gamblers that make a casino become richer are high rollers who have a lot of money and don't gamble only to get more money but they do it because they want to and they can afford to lose any amount of money for it.

High rollers find gambling to be fun, I know that even they want to win as well because no one plays to lose no matter what it is, but it wouldn't bother them much if they lose even the whole bankroll they've brought with themselves in a casino because they are rich.
Just like what others describe what gambling is, it is the most expensive form of entertainment. Might be easy to understand by many but only few people can actually fathom what's true the meaning behind that phrase as not every gambler literally knows about gambling and what is it, although that is normal because we are not here to know it and people around the globe have their own specific reason why they are gambling. But the most common is to make money even if the chances for them to win is not that good, compared to the house who always got the advantage.
hero member
Activity: 1918
Merit: 564
June 16, 2023, 11:56:08 AM
Gambling winning can never substitute for steady income this is because there is no consistency in gambling earning and at that, one can not rely on it to make a living, worst case is when the individual is unemployed because that will truly hurt his finances and upkeep allowance where it is available.

Gambling should be waken for fun and wakened mormoreout it because if you rely so much on gambling, it may lead to some other severe problems that you may not be able to control as an unemployed person.

In Gambling, if you're lucky you may win some games consistently but there is no way this can continue forever. You will lose games and bets too and there is no guarantee that you can win a certain amount of money on a daily basis. Some days you might win a lot of money and on other days you may lose a lot of money, so a steady income through gambling is not possible.

I would say that gambling is not even an earning heaven because if you analyze we face losses more than the winnings. You can say that gambling gives you a lot of fun but steady money I really doubt it.



Winning in game consistently is to hard to maintain since gambling result is really random. And when gambler consistently winning on sportsbetting, there is a high chance these people will be limited by the book maker.  In short we will be doom if we think gambling can be a stable source of income.

Instead of thinking gambling as source of income, why not think of it as steady source of entertainment and lets us use our free time to look for side job for extra source of earnings.
sr. member
Activity: 1148
Merit: 346
June 16, 2023, 10:34:10 AM
Gambling winning can never substitute for steady income this is because there is no consistency in gambling earning and at that, one can not rely on it to make a living, worst case is when the individual is unemployed because that will truly hurt his finances and upkeep allowance where it is available.

Gambling should be waken for fun and wakened mormoreout it because if you rely so much on gambling, it may lead to some other severe problems that you may not be able to control as an unemployed person.

In Gambling, if you're lucky you may win some games consistently but there is no way this can continue forever. You will lose games and bets too and there is no guarantee that you can win a certain amount of money on a daily basis. Some days you might win a lot of money and on other days you may lose a lot of money, so a steady income through gambling is not possible.

I would say that gambling is not even an earning heaven because if you analyze we face losses more than the winnings. You can say that gambling gives you a lot of fun but steady money I really doubt it.

Gambling has prove to be purely based luck, you will be surprise yourself when you see the rate which your games win repeatedly, even the fellow gamblers you less expect win something in that period but there will come a time when everyone will suffer the same lost, this happens when everyone has confidence in teams that were having winning streak back to back, I could remember last season how my Arsenal youngins and Manchester City were all making the stream smiles, I made a lot of money from Napoli matches last year because of Osimhen, the odds were good that any amount will give you something worth the risk.

Gambling is based on our luck we can not say or predict that every time we bet is we always win so it's so simple that in the world of gambling, we can not find a steady income because it will be based on our luck maybe sometimes our strategy will function and we will win a good amount of money BUT it is temporary. And some of our bet are loss.
hero member
Activity: 938
Merit: 552
June 16, 2023, 10:25:19 AM
Gambling winning can never substitute for steady income this is because there is no consistency in gambling earning and at that, one can not rely on it to make a living, worst case is when the individual is unemployed because that will truly hurt his finances and upkeep allowance where it is available.

Gambling should be waken for fun and wakened mormoreout it because if you rely so much on gambling, it may lead to some other severe problems that you may not be able to control as an unemployed person.

In Gambling, if you're lucky you may win some games consistently but there is no way this can continue forever. You will lose games and bets too and there is no guarantee that you can win a certain amount of money on a daily basis. Some days you might win a lot of money and on other days you may lose a lot of money, so a steady income through gambling is not possible.

I would say that gambling is not even an earning heaven because if you analyze we face losses more than the winnings. You can say that gambling gives you a lot of fun but steady money I really doubt it.

Gambling has prove to be purely based luck, you will be surprise yourself when you see the rate which your games win repeatedly, even the fellow gamblers you less expect win something in that period but there will come a time when everyone will suffer the same lost, this happens when everyone has confidence in teams that were having winning streak back to back, I could remember last season how my Arsenal youngins and Manchester City were all making the stream smiles, I made a lot of money from Napoli matches last year because of Osimhen, the odds were good that any amount will give you something worth the risk.
legendary
Activity: 2548
Merit: 1009
Leading Crypto Sports Betting & Casino Platform
June 16, 2023, 10:21:48 AM
According to the theme of the discussion, that gambling is not a paradise for steady income. one thing is certain, those of us who are more familiar with gambling are certainly very aware of this statement. that is why, we tend to say that gambling is just for fun. and yes, we agree. but that does not mean we will also be happy to let our money burn every time we gamble, even though the concept is fun entertainment. but from this pleasure too, we always want to get the reward in the form of a win or bonus. after all, what we are risking is money and this money is expected to increase from the hobbies we enjoy. at least, everyone wants to have fun by getting wins from their gambling sessions. this is normal, even though we always call it just fun entertainment.

The problem is, a strong urge to always get the most out of gambling is the wrong way and thinking. and that is why, that gambling is not a steady income haven. because, there are times when we lose and there are times when we win if luck is on our side. so the concept is, gamble if you really like gambling, and think of it as a fun pastime. but with one condition, stop if you have experienced defeat, and be able to come back when our emotional situation has stabilized and without having to always expect victory, especially as income.
hero member
Activity: 1022
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June 16, 2023, 10:05:30 AM


And that is why it is called gambling, because of the risk involved and you will just based everything on pure luck. Even if let's say you are a professional player, still you don't know if you are going to win every night, hence it's not a way to bring income and food in the table for your family.
The uncertainty in the outcome of gaming session is always unpredictable and most time depend largely on luck since the casino will never allow the gambler to win easily over the house so that makes it to become hard for gamblers to time themselves and work toward winning at repeated level,  but then also we talk about the possibility for the gambler to have been lucky to have won big amount once,  by hitting the jackpot and saving some of that money or putting it into other a business that can help bring in steady income.

So gambling can bring in good income if only we can diversify the earning we generate from gambling and this is something most gamblers should have thought about,  and try to work towards.



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