Gambling is not a steady income haven - page 24.

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Quote from: bettercrypto on June 04, 2023, 10:15:24 AM

You know you're right about what you mentioned here, we should really just make gambling a hobby, and if we win here, let's just think of it as a bonus to our gaming and not think of it as a good steady income. Because the result will not be good when we plant this in our mind.

The others think this way especially when the house edge makes them experience the win, what the gambler can think is that it can be a steady income, he will not see the risk that he can face, and in the end he will realize that it is not gambling can be a steady income.

In my opinion, the hobby is not the right name for gambling, because if you think of this as a hobby then it's the same, where you know someone will always come back to do this hobby because you feel like it. In my opinion, what is more, appropriate is to make gambling only as an entertainment activity when you are experiencing stress due to work or just to fill your free time when you are bored. It would be very wrong for someone to think of gambling as income because gambling is just a game where you can win money when luck comes your way. It will be very difficult to save people whose mindset has been disturbed or hypnotized into always thinking that they can easily earn money just by gambling without them knowing how much money they have lost.

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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.

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.

You know you're right about what you mentioned here, we should really just make gambling a hobby, and if we win here, let's just think of it as a bonus to our gaming and not think of it as a good steady income. Because the result will not be good when we plant this in our mind.

The others think this way especially when the house edge makes them experience the win, what the gambler can think is that it can be a steady income, he will not see the risk that he can face, and in the end he will realize that it is not gambling can be a steady income.

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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.

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.

It's easier said than done to be honest, it's very hard to even break into the casino scene now with a new setup and you will have to spend a fair bit in order to establish any newcomer. Both in terms of advertising and incentives like welcome bonuses. Many people have run out of patience when trying to establish such sites and abandoned a lot of investments made before it was able to reach "critical mass" and sustain itself. If you tend to have a gambling problem, you need to stay away from such sites completely.

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Quote from: Maslate on June 04, 2023, 09:10:17 AM

Quote from: Mr. Magkaisa on June 04, 2023, 02:22:52 AM

- I believe that gambling is not a steady income or can be said to be a source of income. This mentality is wrong for a gambler. Because the more that their gambling mindset is like this, for sure they will not be far from being addicted to it.

That's why we must maintain control over gambling, because once we lose it, we can become irresponsible gamblers in the end without realizing it. Which is why we should not let it get out of our habit as casino players here online.

Correct! And if this kind of mindset will continue, it will be a bad habit that will likely place you in a different situation, a situation where you wouldn't want to be in in the first place.

So before it will be too late to take a sharp turn, we should always equip this kind of mentality to ourselves whenever we are playing because there is really no positive way in viewing gambling as a source of income especially a steady one. Instead, we should only seek gambling as a form of entertainment.

gamblers who have such thoughts and can control themselves in the game are of course the actions of responsible gamblers. because it is indeed impossible for gamblers to depend on casinos to get a steady income. what if the owned capital runs out? there are many losses to be experienced.
even though gambling is just for fun. but still there will be a feeling of ambition to obtain victory. we must be able to control the ambition.

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Quote from: Mr. Magkaisa on June 04, 2023, 02:22:52 AM

- I believe that gambling is not a steady income or can be said to be a source of income. This mentality is wrong for a gambler. Because the more that their gambling mindset is like this, for sure they will not be far from being addicted to it.

That's why we must maintain control over gambling, because once we lose it, we can become irresponsible gamblers in the end without realizing it. Which is why we should not let it get out of our habit as casino players here online.

Correct! And if this kind of mindset will continue, it will be a bad habit that will likely place you in a different situation, a situation where you wouldn't want to be in in the first place.

So before it will be too late to take a sharp turn, we should always equip this kind of mentality to ourselves whenever we are playing because there is really no positive way in viewing gambling as a source of income especially a steady one. Instead, we should only seek gambling as a form of entertainment.

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Quote from: QueenVera on June 04, 2023, 03:33:42 AM

You are right with your advice and all you've said so far but I think gambling can also give a steady income but just as you said, it all depends on how we handle things while gambling and I've also noticed that one of the things that make people get easily addicted to gambling is chasing after their losses which never ends well.

To me gambling is all about making money and you don't expect me to use my money to make a bet with hopes that I will loss and though I know that it is either i loss or i win, I will always make a bet with hopes of winning.

We don't need to own a betting company to make money out of it i mean millions as there are very lucky people who hit jackpot worth millions with very minimal expenses.

To this day is there a way to get a fixed income from gambling? I think it is a mirage, if you only depend on something, both from how gambling or behavior for something you never want to lose.

More precisely gambling is not to make money, but for pleasure, even if you find the benefits of gambling that you do is a bonus, if fixed on the income sentence, the mindset will urge your gambling to always profit, of course in my opinion it is the first mistake and always happens that makes addicted.

Millions of people get a jackpot? If it is true you also need to calculate how many people do not find the jackpot, and how many times they try to get a jackpot with a variety of betting capital in one year.

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Quote from: Yamifoud on June 04, 2023, 06:01:02 AM

As we can see/read, the majority are saying it was not, and probably because luck doesn't give any assurance.
We can win somehow, of course, but that doesn't mean every time we gamble in the casino (as an example) we are too lucky and get home and have money because sometimes we got home empty. With the unstable winnings and income we got from doing this, I believe that's enough to say that gambling can never be considered a source of income.

Most people are not ready to accept their defeat and instead continue to play gambling, hoping to recover from their defeat. That makes them experience more and more losses because they don't even know whether continuing to play gambling can bring luck so they can win a lot of money or if they will still experience bigger losses than before. Moreover, if they decide to make gambling a place, they will be even more disappointed because gambling is not a place to make money but only a place to have fun. If they could think that it was wrong thinking, they should be able to find other places where they could make money.

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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.

It's true, we can't rely on gambling as a steady form of income. When it comes to casino games most of them are based on luck, not on skill. The randomness in these games doesn't make them suitable fora reliable and steady income. On top of that have the casino games a house edge, which makes sure that the gambler is going to lose in the long run. Owning a business on the other hand is also not going to be a reliable source of income. There can always be a crisis which ruins income and as the owner we would have to bear that losses. It also costs a lot of capital to buy or open your business. If you really only want steady income without much risk I would recommend you buy an apartment in the city center and rent it out. From the monthly rent income you can still gamble at the casinos and try to make an additional profit.

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Quote from: LFC_Bitcoin on June 04, 2023, 04:07:16 AM

Gambling is really fun and can be a really nice, positive addition to your life. Just really look after your budget, don’t gamble with more than you can afford to lose and finally, good luck.

Yeah especially we're gamble with our friends, regardless the result, we're having fun with it.

It's different if people are gamble just for making money, they only happy when they win, but they will cry and angry when they lose. Although each person has their own how much money they can afford to lose, but I think most people can accept to lose 1% from the monthly paycheck. Just gamble with 1% money and even you're lose, it wouldn't ruin your life.

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Quote from: Yamifoud on June 04, 2023, 06:01:02 AM

As we can see/read, the majority are saying it was not, and probably because luck doesn't give any assurance.
We can win somehow, of course, but that doesn't mean every time we gamble in the casino (as an example) we are too lucky and get home and have money because sometimes we got home empty. With the unstable winnings and income we got from doing this, I believe that's enough to say that gambling can never be considered a source of income.

Yes, maybe gambling can be a source of income for some people, and it won't be stable either. But all of that requires good knowledge, discipline in playing and managing sufficient capital and a little luck. And the most appropriate is to stop when you are in a winning position.
Gambling is not something that can guarantee a stable income, especially if it is done incorrectly and out of control gambling will bring misery to them and if gambling is used as a source of income then it is not recommended.

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As we can see/read, the majority are saying it was not, and probably because luck doesn't give any assurance.
We can win somehow, of course, but that doesn't mean every time we gamble in the casino (as an example) we are too lucky and get home and have money because sometimes we got home empty. With the unstable winnings and income we got from doing this, I believe that's enough to say that gambling can never be considered a source of income.

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Quote from: memphisman on June 04, 2023, 04:09:32 AM

Like they always say, those beautiful casinos all over Las Vegas weren't built from people winning. Of course owning the casino is going to be much more profitable then trying to be a professional gambler. If you want to do it professionally then find a way to get an edge and constantly do it. No matter what type of professional gambler you are (sports, blackjack, poker..etc) it is all about the odds. Most all professional gamblers really only have a small edge, but that small edge over a long period of time can be extremely profitable.

The zeal it takes to become a professional gambler is the same zeal it takes to build and own a casino as a business, atleast, when I own the casino myself, I can gamble as much as I want and not lose a dime, maybe not win a dime on myself too, but I win everytime a user losses, and this is just enough for me...

I dont know what being a professional gambler feel like, no matter how much winning the gambler records every passing week, I know it feels better to own the casino instead.

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Quote from: Wiwo on June 03, 2023, 03:13:16 PM

Quote from: blockman on June 03, 2023, 03:07:21 PM

Even if you don't gamble and you're just for affiliates, the commission isn't also stable and you get rarely active referrals if you're good at getting those people.
Yes, it's true that gambling as a source isn't gonna give a steady income even the professional ones are having a bad day so as those that just do this out of entertainment.

Can a none gambler earn in affiliate rewards, I thought affiliate earnings are calculated based on the activities of both the affiliate and his downline, I have a friend who is into inflate programme and most of the time I always see him being constantly in the touch with the his downlines and always encouraging them to become more active on the casino.

And I believe that is the way he generates his income added to his activities and ranks in the casino.

Nope, even if you are not that active but your affiliates are then it will reflect on your commissions. That's what I know for most casinos but I don't know with others if they've got strict compliance about being active like gambling for a few bucks within a week or even a month but with that rule, I guess that's pretty normal. That's why your friend knows how it goes with affiliate program because it's a good way to earn passive income, it may not be for a long time but if you manage these referrals through being in a community of yours, I think you'll retain them and that's a good strategy.

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Like they always say, those beautiful casinos all over Las Vegas weren't built from people winning. Of course owning the casino is going to be much more profitable then trying to be a professional gambler. If you want to do it professionally then find a way to get an edge and constantly do it. No matter what type of professional gambler you are (sports, blackjack, poker..etc) it is all about the odds. Most all professional gamblers really only have a small edge, but that small edge over a long period of time can be extremely profitable.

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Most people know gambling is not a guaranteed income. All casinos and sportsbooks preach responsiboe gambling,. Ultimately though the punter is responsible for his own self control. Set yourself limits, know when to walk away, don’t go chasing losses.

Gambling is really fun and can be a really nice, positive addition to your life. Just really look after your budget, don’t gamble with more than you can afford to lose and finally, good luck.

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Quote from: Silberman on June 04, 2023, 12:16:17 AM

Quote from: klidex on June 03, 2023, 03:01:10 PM

Quote from: Fivestar4everMVP on June 03, 2023, 01:45:53 PM

Topic as the op have been discussed several time on this forum, but then, it's like a warning that we must not stop sounding so gamblers never forget about it, so I pretty much agree with everything the Op said..
A steady income can never be achieved through gambling, except of course you own the casino, the best way to enjoy gambling is to always consider it one of the way you have fun, and having fun sometimes requires you spending your money,, so see having fun as a service you have to pay for, and see money lost to gambling as payment for the service - a pretty easy way to deal with gambling loses.

I fully support what you say.
It is absolutely true that there is no room for people who think that gambling is a place of income, even though gambling is built for the benefit of gambling owners, so it is impossible for gambling to be used as a field for earning income unless you have your own casino.
We should understand this kind of awareness so that we don't always expect any profit from gambling except for pleasure.

As long as casinos exist there will be people which may think about ways to try to beat them at their own games, a lousy proposition without a doubt but that is not going to stop people from trying, what I find the most incredibly about the whole situation is that after some losses those people should change their ways and understand this is not possible, and yet most of the time the opposite happens, as they believe that the more they try the higher the chances of turning things around, a false belief of course.

The more they will try, the more the deposit they will go, placing them in the situation where they will keep the gambling site collect more paycheck compared to the chance that they will withdraw money out of the house. The funny thing is, you will win at some point and you'll going to enjoy the money but you will still go to play back and will lose your bankroll,

the cycle will continue and the edge still belongs to the house as the business will continue to grow and will continue to have patrons that will bring them the steady income opposite from how the gamblers thinks that they are the one who can make that things to happen.

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You are right with your advice and all you've said so far but I think gambling can also give a steady income but just as you said, it all depends on how we handle things while gambling and I've also noticed that one of the things that make people get easily addicted to gambling is chasing after their losses which never ends well.

To me gambling is all about making money and you don't expect me to use my money to make a bet with hopes that I will loss and though I know that it is either i loss or i win, I will always make a bet with hopes of winning.

We don't need to own a betting company to make money out of it i mean millions as there are very lucky people who hit jackpot worth millions with very minimal expenses.

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- I believe that gambling is not a steady income or can be said to be a source of income. This mentality is wrong for a gambler. Because the more that their gambling mindset is like this, for sure they will not be far from being addicted to it.

That's why we must maintain control over gambling, because once we lose it, we can become irresponsible gamblers in the end without realizing it. Which is why we should not let it get out of our habit as casino players here online.

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If you don't see gambling as a form of entertainment purpose, you will lose everything and your taste for gambling will get out of control, I gamble only when I have extra money that I don't have any needs for, that's around 10-20 dollars and I always make sure I do this on days that I am in a very good mood, I always do this because I need to feel the fun for my money, so if I win it's good and if I lose it's good too, the reason why I gamble is not to make big money, it's for fun and entertainment purposes.

Also, those gambling addicts don't even know that they are gambling addicts, because they aren't in their awareness state, they don't know that they are doing something wrong until they lose everything.

After losing everything, there are a few who do not stop. They lose themselves and their ways, turn into something totally different, and sell everything they own. It is necessary for us to be cautious about how we live our lives, since that is the only way to avoid going down the wrong path.

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Quote from: Wiwo on June 03, 2023, 02:02:02 PM

Taking gambling as a source of income is gambling in itself, just as we have mentioned on several threads that discuss similar topic such as this, we have constantly warned gamblers not to take gambling too seriously even though some people may not listen to this advice it becomes obvious that it is not easy to perfectly manage humans since we have diverse interest and perspective about things.

Some are ready to risk even their life on such things that are not guaranteed like taking gambling as means of gaining a steady income which is not realistic.

The problem is even if gamblers know they shouldn't treat gambling as a way of making income, a much more steady stream of income. They still insist or keep on dreaming such a thing because of how hooked or addicted they are. Some addicted gamblers may never admit they already are even though action speaks louder. You are in the wrong way and need some help if you still keep on thinking the same thing despite all the losses a gambler got. Those pure base-on-luck games like dice will never become a stream of steady income even in the future.

Topic: Gambling is not a steady income haven - page 24. (Read 4077 times)