Gambling is not a steady income haven - page 23.

gabbie2010

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Quote from: Masplanc on June 05, 2023, 06:14:02 AM

Quote from: Oshosondy on May 31, 2023, 04:02:39 AM

Anyone that consider gambling as a way to make money, the person will only lose and lose and lose until he finally realise that he has become an addict. Addiction is very bad because it will cause serious depression there is several loss of money.

Gambling is good if you discipline yourself and follow the ways of not using more than what you can afford to lose to gamble. But if it is otherwise, it is bad.

I have come across people who depend on it as a source of income, I believe this sets of people have made up their minds that they can always make profit from gambling which is a wrong mindset, nothing but addiction. The cause for this is just laziness, taking gambling as the only option for source of living.

Truly in third world countries where high rate of unemployment is prevalent a lot of the unemployed youths resorted to gambling to make ends met, though there own mindset is that they will always win consistently because they receive their tips from soccer pundits who has track records of winning bets, of course they are surviving on the income earned from gambling though as little as the income is they it cater for their basic needs, I believe people in developed countries gamble for fun and has other source of income from their daily job or businesses, such opportunity is unrealistic and non existent in developing countrie.

Sanitough

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Quote from: boltz on June 06, 2023, 07:52:26 AM

In my opinion , a gambler should never rely on his winnings to be his income! If you do this , you really have life issues that should be properly address because it's not healthy at all and what will you do when you get a losing streak ? because let's be honest here , it happened to all of us.

On the other side , if I go to my local bookie here I will see 2 or 3 familiar faces that are from morning until midnight there and guess what guys ...their monthly income is based on gambling from morning until night but you can't imagine how stressed it is to actually think and re-think strategies just for 1 bet. Grin

In my opinion, it doesn't work like that if you try to make gambling your source of income. Most successful professional gamblers achieve their success in the long run, so you cannot expect a gambler to win every day in order to be profitable. The key is treating gambling as a business or job, where having a substantial amount of capital is crucial. As long as you can consistently win a certain percentage from your capital, that should be considered a success. Unlike a lottery where you risk a small amount and potentially win big, gambling is the opposite, and therefore having a decent capital is essential.

boltz

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In my opinion , a gambler should never rely on his winnings to be his income! If you do this , you really have life issues that should be properly address because it's not healthy at all and what will you do when you get a losing streak ? because let's be honest here , it happened to all of us.

On the other side , if I go to my local bookie here I will see 2 or 3 familiar faces that are from morning until midnight there and guess what guys ...their monthly income is based on gambling from morning until night but you can't imagine how stressed it is to actually think and re-think strategies just for 1 bet. Grin

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Quote from: ethereumhunter on June 05, 2023, 10:15:51 AM

Quote from: Masplanc on June 05, 2023, 06:14:02 AM

Quote from: Oshosondy on May 31, 2023, 04:02:39 AM

Anyone that consider gambling as a way to make money, the person will only lose and lose and lose until he finally realise that he has become an addict. Addiction is very bad because it will cause serious depression there is several loss of money.

Gambling is good if you discipline yourself and follow the ways of not using more than what you can afford to lose to gamble. But if it is otherwise, it is bad.

I have come across people who depend on it as a source of income, I believe this sets of people have made up their minds that they can always make profit from gambling which is a wrong mindset, nothing but addiction. The cause for this is just laziness, taking gambling as the only option for source of living.

But the truth is, few people can discipline themselves and gamble until the money runs out. And if there were people who depended on gambling to make money, they would surely regret it after knowing the consequences of doing so. They will only experience defeat after defeat because gambling is not designed to make money but only as entertainment in their spare time. People who use gambling should think that what they are doing is wrong so they should get out of gambling before they get addicted to gambling.

When people enter the gambling, they always get what they want. Most people say they want to double or make money because they do so. But it is not. The truth is most come in there because they are bored, they want validation, they want the constant dopamine hits, the excitement. So they will get it. They just realized it long enough when they don't have any money. And they will crave for more, worse they will put it on credit.

So instead of making money. They are just normal people looking to solve their internal psychological problems by gambling. Still, money will not always flow in gambling. Unless you have the capital and system in play as a big player. Consistent income will be limited for anyone.

ethereumhunter

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Quote from: Masplanc on June 05, 2023, 06:14:02 AM

Quote from: Oshosondy on May 31, 2023, 04:02:39 AM

Anyone that consider gambling as a way to make money, the person will only lose and lose and lose until he finally realise that he has become an addict. Addiction is very bad because it will cause serious depression there is several loss of money.

Gambling is good if you discipline yourself and follow the ways of not using more than what you can afford to lose to gamble. But if it is otherwise, it is bad.

I have come across people who depend on it as a source of income, I believe this sets of people have made up their minds that they can always make profit from gambling which is a wrong mindset, nothing but addiction. The cause for this is just laziness, taking gambling as the only option for source of living.

But the truth is, few people can discipline themselves and gamble until the money runs out. And if there were people who depended on gambling to make money, they would surely regret it after knowing the consequences of doing so. They will only experience defeat after defeat because gambling is not designed to make money but only as entertainment in their spare time. People who use gambling should think that what they are doing is wrong so they should get out of gambling before they get addicted to gambling.

naira

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Quote from: KiaKia on May 31, 2023, 03:40:17 AM

To make this happen, you need to discipline yourself up, make sure you set some rules on how you will handle gambling every day and how much you are willing to risk on gambling every day or else you will end up in the gutter, with full regrets.

That's if you are not even addicted to gambling already, a addicted gambler always have one goal in mind, '( I have to make back all I have lost ), this is where the beginning of the end begins.

Treat gambling appropriately according to portion, don't overdo it and don't think of gambling as a place to generate income. As long as we are not owners, then we must be able to realize one thing, namely gambling with the aim of having fun, even though some people may not always have the same goal. For this reason, I always try not to advise anyone to gamble, because it is difficult to provide a solution when you are addicted. The fact is that nothing can prevent someone from being addicted except on the basis of self-awareness.

kamvreto

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MAaaN...!! CUT THAT STUPID SHIT

Quote from: len01 on June 05, 2023, 09:52:29 AM

Quote from: Plaguedeath on June 05, 2023, 09:30:39 AM

That's why amount afford to lose is matter, people think when a celebrity lose $1 Million in gambling is really huge and he broke, it's wrong. $1 Million might just a peanut for them because it's only 0.1% of his monthly salary. While poor people see $1 Million is a life changing for them and they can live comfortable with that, maybe poor people only can afford less than $50 in a month for gambling.

back to the ability of each gambler and for me poor or rich, big budget or small budget is not the problem but regardless of the amount of budget for gambling, the most important thing is to be able to enjoy every betting session so that I can entertain myself and have fun without thinking about any benefits from gambling.
but unfortunately often this gambling budget is used as a benchmark for gamblers to get big wins or small wins from gambling. but it all depends on luck.

Forcing you to use a large budget will be a big risk, the loss will be in front of your eyes. it is no longer enjoying gambling, but really wants to try to get big profits, but will it be an advantage?
Of course it depends on everyone's luck. Gambling cannot be used as a place to make steady money, it will not be recommended by anyone.
must is the management of money used for gambling. Have to use a little money just to gamble, because it's only risking everyone's luck. never use the main money.

NicNacCoin

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Quote from: KiaKia on May 31, 2023, 03:40:17 AM

Gambling places are not for steady income, if you want steady income with gambling, online or offline, you have to be a owner, build your own casino and watch yourself growing up into a filthy rich billionaire.

Online casinos are places where it's certain that you will lose your money, it's a place where you need to be mentality sane to at least have a good ride and experience as you progress, it's not always about making money with gambling, it's always about not ending up running insane because of gambling.

Yes here only casino owner can earn money very fast and become millionaire or billionaire. But it is never possible for a gambler to become rich with constant income from casino or gambling. A gambler is not always going to make profits but he has to face losses. But there are hundreds of examples of casino executives running casinos and becoming billionaires, but very few examples of a gambler becoming rich overnight.

len01

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Quote from: Plaguedeath on June 05, 2023, 09:30:39 AM

That's why amount afford to lose is matter, people think when a celebrity lose $1 Million in gambling is really huge and he broke, it's wrong. $1 Million might just a peanut for them because it's only 0.1% of his monthly salary. While poor people see $1 Million is a life changing for them and they can live comfortable with that, maybe poor people only can afford less than $50 in a month for gambling.

back to the ability of each gambler and for me poor or rich, big budget or small budget is not the problem but regardless of the amount of budget for gambling, the most important thing is to be able to enjoy every betting session so that I can entertain myself and have fun without thinking about any benefits from gambling.
but unfortunately often this gambling budget is used as a benchmark for gamblers to get big wins or small wins from gambling. but it all depends on luck.

Plaguedeath

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Quote from: yazher on June 05, 2023, 08:11:12 AM

Some people are insanely rich and when they lose the other night a huge amount of money they won't get hurt with that because after a few days, they recover it back from other sources the problem here is the other people that are not rich are mimicking their lifestyle and wanted to play as if they don't have anything to worry tomorrow and sometimes they even go way overboard by taking loans just play which is insanely the worse decisions of their life. If they only know where they gonna heading by playing like that, they will gonna just stop but they realized it after they lose.

That's why amount afford to lose is matter, people think when a celebrity lose $1 Million in gambling is really huge and he broke, it's wrong. $1 Million might just a peanut for them because it's only 0.1% of his monthly salary. While poor people see $1 Million is a life changing for them and they can live comfortable with that, maybe poor people only can afford less than $50 in a month for gambling.

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Quote from: molsewid on June 04, 2023, 02:47:45 PM

Yes, people should learn that it is really not a source of income and it is not a passive one. People who thinks like this are most probably tend to lose more and more and more until they don't have the money to satisfy their addiction in gambling. Some people really earn in gsmbling maybe veteran but the thing is it will never be a good source of income and passive one.

Some people are insanely rich and when they lose the other night a huge amount of money they won't get hurt with that because after a few days, they recover it back from other sources the problem here is the other people that are not rich are mimicking their lifestyle and wanted to play as if they don't have anything to worry tomorrow and sometimes they even go way overboard by taking loans just play which is insanely the worse decisions of their life. If they only know where they gonna heading by playing like that, they will gonna just stop but they realized it after they lose.

Masplanc

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Quote from: Oshosondy on May 31, 2023, 04:02:39 AM

Anyone that consider gambling as a way to make money, the person will only lose and lose and lose until he finally realise that he has become an addict. Addiction is very bad because it will cause serious depression there is several loss of money.

Gambling is good if you discipline yourself and follow the ways of not using more than what you can afford to lose to gamble. But if it is otherwise, it is bad.

I have come across people who depend on it as a source of income, I believe this sets of people have made up their minds that they can always make profit from gambling which is a wrong mindset, nothing but addiction. The cause for this is just laziness, taking gambling as the only option for source of living.

FanEagle

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I guess there are some people who always thinks that they can outsmart a casino and they always end up realizing that's not right. Even on the "best" cases they will limit their wins, so that they could have a consistent small income, even if it is just 20 dollars per day, that's 600 dollars per month and that's a lot of money to a lot of people, and it is true that if you start with 500 bucks, you may make 20 bucks for a while in a row, maybe a week, maybe two weeks, depending on your luck it could go that way and I would understand it.

But, we all know it will end pretty ugly in the end and unfortunately too many people do not realize that and they end up with a loss. I hope that it gets better and people will realize that they just can't do it anymore.

Fredomago

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Quote from: molsewid on June 04, 2023, 02:47:45 PM

Quote from: BitcoinAccepted on June 04, 2023, 02:18:47 PM

It is absolutely not a stable income, nor is it work. many people are doing well for a while, the problem is that they consider their income to be stable. But basically the luck factor is significant in gambling. there are gamblers who earn stable money with gambling, but then you should not think that they are just gamblers. These are people who are busy with odds every hour of the day, to see if players get injured and see if they can gain a certain advantage with that. With real gambling you cannot make a stable income, unless you have to stop after a successful streak and then finish it with a positive ROI.

Yes, people should learn that it is really not a source of income and it is not a passive one. People who thinks like this are most probably tend to lose more and more and more until they don't have the money to satisfy their addiction in gambling. Some people really earn in gsmbling maybe veteran but the thing is it will never be a good source of income and passive one.

More on the entertainment side to avoid getting engage and be addicted, people who thinks that they can use this venue as source of income might lose more, instead of making money they will waste a lot of money before they realize that wrong mindsets about gambling, though if there're some veterans or experienced gambler who can make some money, it's still not an assurance that they can continually earn there's time that they may lose their money as accuracy are unpredicted gambling is a high-risk venue of business / entertainment for gamblers.

Sandra_hakeem

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Goodnight, ohh Leo!!! 🦅

There's never a time that gambling would serve as a steady source of income... I mean, how can that be?? Predictions are done with great uncertainty - mostly when it comes to slots and billiards ...
I would atleast gamble with an expectation and if it doesn't prevail, I'll simply get The satisfaction that atleast I wagered on a game I thought would cut, but didn't.. I think that's how to attach some fun in the game - allowing the winnings to look like a sought of an incentive. In gambling, the more realistic it looks, the less possible it becomes.. it turns the rout-wise too atimes.

Sandra 🧑‍🦰

molsewid

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Quote from: BitcoinAccepted on June 04, 2023, 02:18:47 PM

It is absolutely not a stable income, nor is it work. many people are doing well for a while, the problem is that they consider their income to be stable. But basically the luck factor is significant in gambling. there are gamblers who earn stable money with gambling, but then you should not think that they are just gamblers. These are people who are busy with odds every hour of the day, to see if players get injured and see if they can gain a certain advantage with that. With real gambling you cannot make a stable income, unless you have to stop after a successful streak and then finish it with a positive ROI.

Yes, people should learn that it is really not a source of income and it is not a passive one. People who thinks like this are most probably tend to lose more and more and more until they don't have the money to satisfy their addiction in gambling. Some people really earn in gsmbling maybe veteran but the thing is it will never be a good source of income and passive one.

Dickiy

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Quote from: skarais on June 04, 2023, 01:55:20 PM

There are many reasons why someone gambles, but the most common and most talked about is to have fun. But in fact not, most of the gamblers are those who expect to win money from the casino and even they really care about their gambling strategy. The more you lose, the more addicted you become and the more likely you are to try to make up for your losses by chasing them. Those are just a few mistakes that may need to be avoided in gambling so that in the end they can be responsible for their gambling.

The cause of gambling is widespread, and one of the biggest factors is the environment, when one in 10 people knows about gambling, then nine of them have a big chance to get involved in it. And even more so if in the first step, they are given a win. If someone says he gambles just for fun that is just a bullshit defense. In fact, most gamblers always have the hope of winning. They always go back to doing it with the hope that they can be one of the lucky ones among others, and after that, they lose again and again. This cycle will continue until they realize that they have lost everything they have, and it is not uncommon for people to commit suicide because of the stress of gambling.

BitcoinAccepted

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It is absolutely not a stable income, nor is it work. many people are doing well for a while, the problem is that they consider their income to be stable. But basically the luck factor is significant in gambling. there are gamblers who earn stable money with gambling, but then you should not think that they are just gamblers. These are people who are busy with odds every hour of the day, to see if players get injured and see if they can gain a certain advantage with that. With real gambling you cannot make a stable income, unless you have to stop after a successful streak and then finish it with a positive ROI.

skarais

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Quote from: fullhdpixel on June 04, 2023, 01:38:10 PM

Quote from: KiaKia on May 31, 2023, 03:40:17 AM

~~~

It can result for an early bankruptcy and the casino will be closed down immediately. Not only that but the gamblers will also accuse them and ask for a refund. We already know that gambling is like a donation center where we donate our money but we still love to continue going there. It's because we know that there is a slim chance that we can win. If not, we are still entertained.

There are many reasons why someone gambles, but the most common and most talked about is to have fun. But in fact not, most of the gamblers are those who expect to win money from the casino and even they really care about their gambling strategy. The more you lose, the more addicted you become and the more likely you are to try to make up for your losses by chasing them. Those are just a few mistakes that may need to be avoided in gambling so that in the end they can be responsible for their gambling.

fullhdpixel

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Quote from: KiaKia on May 31, 2023, 03:40:17 AM

Gambling places are not for steady income, if you want steady income with gambling, online or offline, you have to be a owner, build your own casino and watch yourself growing up into a filthy rich billionaire.

Online casinos are places where it's certain that you will lose your money, it's a place where you need to be mentality sane to at least have a good ride and experience as you progress, it's not always about making money with gambling, it's always about not ending up running insane because of gambling.

That's right OP and I think even the gambling owner themselves do also have bad times. It's when the gambler gets lucky and many of them win a huge amount of money. There are other problems that can occur like if the gambling site will get hacked and all the funds were stolen.

It can result for an early bankruptcy and the casino will be closed down immediately. Not only that but the gamblers will also accuse them and ask for a refund. We already know that gambling is like a donation center where we donate our money but we still love to continue going there. It's because we know that there is a slim chance that we can win. If not, we are still entertained.

Topic: Gambling is not a steady income haven - page 23. (Read 4000 times)