Gambling is not a steady income haven - page 27.

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Quote from: TelolettOm on June 01, 2023, 05:28:19 PM

But not everyone can be the owner of a casino. Building a casino requires big money and not every casino can be successful. I assume people won't see this as an alternative, most people only want to earn money instantly. Building a casino will take time, hard effort, good management skills, and big money. Only a few people have the ability to build casinos, most of them never think to do this. Grin

That is not the point. The point is to understand the general idea that to make money in the casino, it is best to be the master of the casino. You are right that it is not within the reach of most people to be the sole master of a casino, but what is within reach is to invest in casino bankrolls, it would be a way to be on the winning side with little capital. I did it years ago and I got profitability, the thing is that I only have bitcoin, and giving away private keys for extra profitability is not funny to me nowadays. But there are ways, and another way would be to invest in casinos through stock market shares.

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Quote from: lizarder on June 01, 2023, 11:40:43 AM

That's the thinking of people who are addicted to gambling and find it difficult to cure gambling addiction because they think that they lost today and still have tomorrow as luck. If they were able to think like you said it might be right then better to look elsewhere for profit but the problem is addicted gamblers don't think that way anymore because their logic is definitely different from the mindset of us who gamble just for fun.

There is no chance to get richer in gambling and all the same we try to speculate on bets, so before things go too far, gamble according to what you can control and I have nothing against gambling because it has been around for a long time and basically we all also like to gamble.

Agree with what you say. Those who are addicted to gambling think that way and no one can change it but themselves. Even though they have lost many games, they don't seem to care because they continue to gamble. If they could reflect on what they have experienced while playing gambling, they would regret having spent a lot of money gambling and pursuing victory.

And those who haven't gone too far with gambling have to think of a way so they don't get addicted to gambling. And instead of using the money to gamble, maybe they should use it to open a business to have income instead of losing money.

Quote from: len01 on June 01, 2023, 01:13:21 PM

giving self-limits or a commitment to always think gambling is a place to have fun is much better. +1 for you.
this way gamblers can more easily avoid negative thought patterns such as thinking casinos can give big wins or daily income. I consider this mindset negative because in the long run someone who has this kind of thinking will end up becoming a gambling addict.

extra point from me always plan a small amount of gambling budget just for fun.

I agree to always plan a certain amount of gambling budget, for example, every week or month, so we will not exceed that limit. And if we have experienced defeat at gambling, we can still think about what we have done so that if we think it is wrong, we can still reduce our gambling activities. That's before we get too far into gambling so we still have a chance not to experience gambling addiction.

We have to change our mindset because we cannot expect to win from gambling and instead, we can lose more than we imagine.

STT

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Gambling isn't investing

I agree but a person can invest in themselves. I've heard or have seen a TV program series which regularly tried to develop the skills of casual gamblers in Poker and there are other games where possibly you can justify the attitude of training and so investing in the skills deployable by a gambler. Sports gambling is a skill ? arguable, we have plenty of more random luck games anything dice based but I don't mind the argument of at least building up experience and becoming a greater player with knowledge to gamble more sensibly.

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Quote from: TelolettOm on June 01, 2023, 05:28:19 PM

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.

But not everyone can be the owner of a casino. Building a casino requires big money and not every casino can be successful. I assume people won't see this as an alternative, most people only want to earn money instantly. Building a casino will take time, hard effort, good management skills, and big money. Only a few people have the ability to build casinos, most of them never think to do this. Grin

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

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.

I guess most gamblers who try to catch a steady income in gambling will end up with addiction.

Too much of addiction can make gambler to keep betting on a particular sport and keep losing with the hope that they are going to win one day. This is always there testimony and target and sometimes, things do not work like that. Everyone want to make money from gambling but we have never asked ourselves whose money are we going to be winning. The game is not really clear to some persons that is why we can not always keep winning since someone would have to lose money before we can win. Although this does not apply to all kind of betting.

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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.

But not everyone can be the owner of a casino. Building a casino requires big money and not every casino can be successful. I assume people won't see this as an alternative, most people only want to earn money instantly. Building a casino will take time, hard effort, good management skills, and big money. Only a few people have the ability to build casinos, most of them never think to do this. Grin

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

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.

I guess most gamblers who try to catch a steady income in gambling will end up with addiction. The dream of a steady income will trigger them to gamble more and more. They think they will earn more if they do more attempts but it even leads to more losses. Finally, they will try to get back the losses by playing more often. They are not aware that they are already addicted to gambling.

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Quote from: Falconer on June 01, 2023, 11:49:27 AM

I do not like to gamble, of course if rich is the goal. Gambling should be something that is fun especially something that is entertaining regardless of whether it is slots or other sports betting. If one is planning to get rich on gambling then I think they should just go to a land based casino with a pile of cash and try their luck.

They'll lose those money quickly as they'll do on online casino, there's no difference. Gambling is all luck anywhere you want to play it. If it's from your phone or in the physical casinos, the results will not still change. Gambling can be for fun and for making money.

Gambling shouldn't be use as a source of steady income because the profits mightn't come every day. We have does gambling professional but they don't depend totally on gambling as they have other businesses that give them cash to use for their necessities.

If you gamble and win then make some investment with the money won. Don't think because you got lucky that the luck will always come therefore making you forget to use that profits you made to good use like starting a small business that'll bring cash to you.

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Quote from: Finestream on June 01, 2023, 03:00:16 PM

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.

True. Gambling is good if you only consider it as a source of entertainment but if you cross the line and rely on it as your source of living, you will really mess up on your life later on. So even if you know how tempting it is, at least you should learn to control yourself and discipline yourself not to fall as an addict, otherwise you will only regret in the end wishing you have not gamble in the first place.

Its for entertainment indeed but there are really people who are really making up those wrong treatment and ended up on disaster. Gambling is never be a steady income haven.
You cant really depend on it speaking of living. Its for leisure time and something you do pay for the enjoyment that you are doing for. Dont expect for some return or steady income because
it cant really be just that possible for you to make constant wins. You would really be needing to have that kind of realization first on the time that you do touch up gambling.
You should really be wary about its risks and dont anticipate nor really hope that much when it comes to this manner. Gambling is for fun nothingless.

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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.

True. Gambling is good if you only consider it as a source of entertainment but if you cross the line and rely on it as your source of living, you will really mess up on your life later on. So even if you know how tempting it is, at least you should learn to control yourself and discipline yourself not to fall as an addict, otherwise you will only regret in the end wishing you have not gamble in the first place.

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Quote from: len01 on June 01, 2023, 01:13:21 PM

Quote from: ethereumhunter on June 01, 2023, 11:12:09 AM

If they think so, they can actually lose more money. Many gamblers have experienced it so they lost a lot of money but didn't make them realize they had made a mistake. They should really not think about getting big wins and just play gambling for fun. Maybe it would be better for them so they wouldn't try to chase victory, which is hard to get. And you have got the important point where it is better not to cross the limit in playing gambling because it will only cause our losses to be even greater.

giving self-limits or a commitment to always think gambling is a place to have fun is much better. +1 for you.
this way gamblers can more easily avoid negative thought patterns such as thinking casinos can give big wins or daily income. I consider this mindset negative because in the long run someone who has this kind of thinking will end up becoming a gambling addict.

extra point from me always plan a small amount of gambling budget just for fun.

It may be a struggle for a lot of people but gambling activities should really be viewed as a platform to enjoy yourself, have an entertainment or even have a past time and not as a medium to earn extra money in the sidelines as that will just lead you into a uncomfortable situation because you are already expecting to an income from the bets you've pushed but in an unfortunate event, those bets didn't pushed through and you are now losing money. Whereas if you're just only looking for fun in the guise of gambling, any winnings is just a plus or a bonus because you already got your main goal.

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Quote from: ethereumhunter on June 01, 2023, 11:12:09 AM

If they think so, they can actually lose more money. Many gamblers have experienced it so they lost a lot of money but didn't make them realize they had made a mistake. They should really not think about getting big wins and just play gambling for fun. Maybe it would be better for them so they wouldn't try to chase victory, which is hard to get. And you have got the important point where it is better not to cross the limit in playing gambling because it will only cause our losses to be even greater.

giving self-limits or a commitment to always think gambling is a place to have fun is much better. +1 for you.
this way gamblers can more easily avoid negative thought patterns such as thinking casinos can give big wins or daily income. I consider this mindset negative because in the long run someone who has this kind of thinking will end up becoming a gambling addict.

extra point from me always plan a small amount of gambling budget just for fun.

freedomgo

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Quote from: jostorres on June 01, 2023, 08:42:15 AM

Quote from: borovichok on May 31, 2023, 10:16:28 PM

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.

consistent income cannot be obtained by gambling or developing a casino reserves, but obtaining a decent paging job is a simpler type of steady earnings. Building your own personal casino is not something you can do at the present time; it requires critical planning and research in order to assess the upcoming problems; everything has pros and cons, and the sooner we recognize that, the less losses we will incur. Preparing the mind for greater things can result in large sums of money being earned, but if things don't go as planned, large losses will be incurred.

Why do you think that building a casino is not something one can do? As long as one has the budget and a proper business plan, one can always create a casino and it can also become successful if one hires the right people for the right jobs, especially the marketing department will have to be the best so that they can promote the casino in the best way possible to get most gamblers attracted towards the platform.

There might be a lot of competition in the market right now, but if you create a casino that provides a lot of games and betting opportunities including sports betting, your casino will surely get a success as the time goes by and if you keep working on it and don't give up.

Seems easy to say but if we are on their shoes as the rich people who can afford almost everything in life even including building a casino, we might have a different perspective as it's not that simple. Money is always, yes, the beginning before this kind of business will materialize but considering the competition in the market right now, it will be hard for you to create such opening to be acknowledged by a lot of people so that they will play in your platform even if you had the best team in the world.

Just like building yourself your own fastfood, starting from scratch and everything. Will it be easy to compete with the other giants who already made themselves a name even if you have the money and the right people? I guess not.

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Quote from: lizarder on June 01, 2023, 11:40:43 AM

There is no chance to get richer in gambling and all the same we try to speculate on bets, so before things go too far, gamble according to what you can control and I have nothing against gambling because it has been around for a long time and basically we all also like to gamble.

I do not like to gamble, of course if rich is the goal. Gambling should be something that is fun especially something that is entertaining regardless of whether it is slots or other sports betting. If one is planning to get rich on gambling then I think they should just go to a land based casino with a pile of cash and try their luck.

There are some people who are rich because of gambling, but gambling is not a place for them to make money consistently. Some have their own business from winning gambling, but only if they have the courage to make the decision to stop gambling.

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Quote from: btc_angela on June 01, 2023, 12:36:35 AM

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.

Yeah, I think by now most gamblers really know that you can't make a living out of gambling per se. Of course, there are days that you will be lucky and make some money to bring food in the table for your family.

But it's not always be like that, that you will be lucky and win big every time to play. Majority of it, you might be in the losing end. So contrary to your belief, instead o making money, you will lose a lot of it and there could be negative effects in the end. So we might as well just enjoy the time when we gamble online or offline.

And you also needed to have good emotional control and discipline if you want to have more winning streak than those losing one, I mean, if you want to have a better percentage when playing / gambling you need to have that limitations as we all know gambling is addicting, without a good strategy you will always find yourself losing at the end.

But with good discipline, the chance of making some decent amount if luck permits you is doable, if you know when to quit while you still have some profits.

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Quote from: ethereumhunter on June 01, 2023, 08:04:41 AM

You cannot become rich from gambling, but you can become poor from gambling. That's what many gamblers must realize so they don't try too hard to get money from gambling. It is better for them to try hard from other places unrelated to gambling to increase their chances of getting bigger money.

But unfortunately, many gamblers still think of making money from gambling so they keep gambling and use more money. If they have already lost, that doesn't stop them from gambling because they will think that tomorrow will be better and their luck will come tomorrow.

That's the thinking of people who are addicted to gambling and find it difficult to cure gambling addiction because they think that they lost today and still have tomorrow as luck. If they were able to think like you said it might be right then better to look elsewhere for profit but the problem is addicted gamblers don't think that way anymore because their logic is definitely different from the mindset of us who gamble just for fun.

There is no chance to get richer in gambling and all the same we try to speculate on bets, so before things go too far, gamble according to what you can control and I have nothing against gambling because it has been around for a long time and basically we all also like to gamble.

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Quote from: masulum on June 01, 2023, 08:11:21 AM

Quote from: ethereumhunter on June 01, 2023, 08:04:41 AM

You cannot become rich from gambling, but you can become poor from gambling. That's what many gamblers must realize so they don't try too hard to get money from gambling. It is better for them to try hard from other places unrelated to gambling to increase their chances of getting bigger money.

But unfortunately, many gamblers still think of making money from gambling so they keep gambling and use more money. If they have already lost, that doesn't stop them from gambling because they will think that tomorrow will be better and their luck will come tomorrow.

however there are most gamblers who think, today is a bad day, maybe tomorrow is his lucky day. Therefore, every time they lose, they come back with more money. They are intimidated by their own thoughts and thinking if they will get a big win. However, the most risky is playing slots because slots don't have a waiting limit to play like other gambling. like sports or cards.

If they think so, they can actually lose more money. Many gamblers have experienced it so they lost a lot of money but didn't make them realize they had made a mistake. They should really not think about getting big wins and just play gambling for fun. Maybe it would be better for them so they wouldn't try to chase victory, which is hard to get. And you have got the important point where it is better not to cross the limit in playing gambling because it will only cause our losses to be even greater.

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Quote from: passwordnow on June 01, 2023, 06:10:03 AM

If someone who's into stable income, you wouldn't take gambling as is. You find a job and get a salary and that's it. What we do in gambling is we use a portion of our salaries in able for us to have some fun and win some and lose some. While a bunch of people do it literally that they think they'll make a good outcome and income with gambling, it's not just gonna happen to everybody.

Quote from: bitbollo on June 01, 2023, 04:22:01 AM

there is a golden rule in gambling. you don't get rich by betting, you don't with betting.

Yes but "Some People Make Money"!
Sure, but they literally do it as a profession, investing time and money and very often have very little fun or no fun at all.

I agree, it's crucial to those gambling professionals and it took them not just a lot of money but also a lot of time and hard work to do it.

They seem to have it easily but before they reached that stage of being a professional gambler and view gambling as a way to have a profitable income, they definitely had their own share of ups and downs and some times they have even doubted themselves of they can really do it just like what they envisioned it. Many have tried to take that path because who wouldn't want that, play and have fun while getting a decent income in a daily basis but only few have been successfully through it.

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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.

But that's out of the question, it's only 1% that someone who has millions in his pocket can take up investors and then established his own casinos.

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

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, and even if you are lucky, the trend and numbers will go against you specially if you play for a very long time. And with that, it's hard to think gambling as a steady source of income.

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.

It takes experience though to have that kind of disciple. And even most of us really knows this, sometimes we are still carried by our emotions and still continue to gamble when we should stop because we are losing big money already

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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.

Ya, I saw a thread here a few days ago talking about how someone could win $100 per day gambling. That seems nuts to even attempt. Gambling isn't investing, although investing may be gambling to some degree. For people who want to build an income stream, there's nothing wrong with investing in the S&P500 and over a decade or so you might be surprised with how much your money has grown and how much income it kicks off for you now. Once you get the disposable income, then you can start messing around trying to get rich with gambling. Doing it the other way around doesn't have very successful results.

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Quote from: bitbollo on June 01, 2023, 04:22:01 AM

there is a golden rule in gambling. you don't get rich by betting, you don't with betting.

Yes but "Some People Make Money"!
Sure, but they literally do it as a profession, investing time and money and very often have very little fun or no fun at all.

I like this saying- it makes more sense with the cycle of gambling where a person is more inclined to bet regardless of his/her results.

For example, a gambler bets and he won. There is a hight chance that such person would won again to try again his/her luck in the process. In addition, if a player gambles and losses, the initial response is for him/her to recover his/her losses which tends to create this endless cycle of betting and re-betting.

At the end of the day, gambling is all about self-control and discipline. One should know their boundaries in order to maximize his/her winnings at the end of the process. If they lose, then they should stop and call it a day!

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Quote from: borovichok on May 31, 2023, 10:16:28 PM

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.

consistent income cannot be obtained by gambling or developing a casino reserves, but obtaining a decent paging job is a simpler type of steady earnings. Building your own personal casino is not something you can do at the present time; it requires critical planning and research in order to assess the upcoming problems; everything has pros and cons, and the sooner we recognize that, the less losses we will incur. Preparing the mind for greater things can result in large sums of money being earned, but if things don't go as planned, large losses will be incurred.

Why do you think that building a casino is not something one can do? As long as one has the budget and a proper business plan, one can always create a casino and it can also become successful if one hires the right people for the right jobs, especially the marketing department will have to be the best so that they can promote the casino in the best way possible to get most gamblers attracted towards the platform.

There might be a lot of competition in the market right now, but if you create a casino that provides a lot of games and betting opportunities including sports betting, your casino will surely get a success as the time goes by and if you keep working on it and don't give up.

Topic: Gambling is not a steady income haven - page 27. (Read 4077 times)