Topic: Gambling is not a steady income haven - page 7. (Read 4077 times)

A very common misinterpretation among gamblers is that if they have a very large bankroll, they can always recover their losses and never lose anything and keep winning all the time, I wonder why they don't realize that it's not practically possible because if it was, I bet anyone can take loans from somewhere, so almost every single gambler would take a pretty high amount as a loan and do the same thing and never incur losses and keep winning until they repay the loan and have their bankroll, one can even build an empire this way.

So the reality is, that one cannot keep winning in gambling no matter how large their bankroll is. There will always be a loss streak that will cost them everything they have in their account and it's no joke, loss streaks can become extremely wild sometimes that you can't even imagine about it.

"Gambling is not a steady income haven"

Are quite good and wise words, especially for gamblers who try to risk everything to get the results they want. These words can be a short message, so that we can be clearer in our thinking, especially regarding gambling. In fact, this type of entertainment game is very interesting, fun, brings euphoria, but contains risks. and I'm quite sure, even though they are novice gamblers, they are well aware of the risks if they try and get involved in betting. if you don't win, you lose. and yep, it's that simple.
Unfortunately, most of us, even I, miss out on things that can have a big impact if we go too far in this type of entertainment. as a result, quite a few gamblers are addicted. and yes, that's the worst risk with a series of losses that cost a lot of money, loss of property, whatever it is.
Very clear, isn't it, if we look at it from the negative side.

However, if there is a negative, it means there is also a positive. in this expensive type of entertainment, we get pleasure as well as bonuses if luck is on our side. unmitigated, there are a number of names reported to have become rich in gambling. unfortunately, only certain people are successful in doing it. and for those who experience it, the words of this thread's title no longer apply. In essence, we have discussed it from A to Z, addiction and all kinds. Now, the point is with us gambling fans. what gambling is to you, and what you get out of it, especially refers to the title of this thread.
BTW, don't say win or lose, because that is part of the risk. for me personally, nothing more than entertainment. pleasure is what we seek, but if pleasure does not come, then stop. as simple as that. although, in fact, it is quite difficult to control yourself.

Yes, it is the casino owners who make money from irresponsible gamblers, so here we need to protect our money so we don't use it too much because we only consider gambling as entertainment. If anyone uses gambling as a source of income, they will only regret it because it is far from what they expected, and they can even lose a lot of money. Yes, gambling is designed to provide entertainment to people to relieve stress from their daily activities so that they can return to their activities well after releasing their stress. But in reality, many gamblers actually use gambling to make money, which makes them lose a lot of money. This is what gamblers must be aware of so that they can control themselves while gambling.

They tend to be greedy when they get a win, by continuing to play gambling because they want a bigger win with a lack of satisfaction with the winnings they have gotten. This greed will cause them to become addicted to gambling, with a sense of dissatisfaction also encouraging them to continue gambling by not realizing the impact and risks of gambling. Even if they are lucky, they will get a bigger win, but in reality many people get defeated after deciding to return to gambling.
Making gambling as a source of easy money income is done by many people, assuming that the victory will be easy to get, if you look back, maybe they have spent a lot of money to get that victory, because unconsciously they are focused only on pursuing big wins.

I agree with you, those who put their full hope in gambling are only spending the money they have or their savings that are sacrificed for gambling. They misinterpret gambling as the main income in their lives, even though gambling is only a paid game, while for the winnings they get it's just a bonus from the game, anyway if they can't control themselves when they get a win by continuing the game, they will lose back the winnings they got, because the bookie also doesn't want to lose.

And those who get a big win, maybe their luck is in gambling, and also need to remember, gambling is only a game for entertainment purposes only, looking for sensations, excitement,  if they play without expecting victory. Unlike those who play with the expectation of victory, they will pursue the victory until the point of satisfaction they have reached, but it is very difficult to get. So in my opinion it is not easy to get a win in gambling.

  If you own the casino, then yes it can be a steady income for you,  If you can run a sports book, then yes. If you are merely a customer, then no. You will lose money. It is because casinos will always win in the long run, and the odds of the games are in their favor. That is why casinos win most of the time, even when they do not exert much effort. Because, in the end, it is a business that requires profits to function, and without gamblers like you who frequent visiting casinos, it will fail.
   However, we should note that some players truly win in casinos due to their skills, experience, and luck. But obviously, they had losses before they were competent enough to win against the games in the casinos. But keep in mind that winning does not always happen, and the number of wins is not always significant. However, one of the other reasons I believe you do not win is that you play casino games with a high house edge. As a result, your chances of winning are so slim that you cannot compete with the level of difficulty of the games. It is best to choose casino games with a low house edge, as this will allow you to win in the short run and at some point, in time.

Totally agree. Casino owners always have the last laugh against gamblers. Winners always talk about the good side of the story and what we don't know is the behind the scenes. 😁 Gambling is really not a good source of income and this has been tackled many times. Gambling is designed only for fun not as a cash cow.

The entertainment they get when playing is what makes them stay unless someone has some unique trait to control his emotions, he can easily get away when he is winning but that's not the case because most people will still stay and play until they lose everything they have with them and sometimes they don't give up, they even use some money which is not to spend for gambling. This is the problem for most gamblers and they only realize that was not a good idea when they lose those funds as well on the same day.

We are the same in this matter, it could be said that I have never lost in a gambling game. It's true that you lose, but you can still cover it when you win. Because I play responsibly and the money I spend on gambling is also limited and I never force myself, and never force myself on games that I haven't mastered such as casinos, slots and etc. Because currently I am focused only on sports betting, for me this is important to avoid bigger losses which result in us becoming addicted because we want to get back previous losses.

The average addict's mistake is to make gambling a job, of course this is a fatal mistake. Yes, playing gambling is just for entertainment. I also don't think about building a casino. It's true that being a dealer never loses, but this requires more capital. So I've never thought that far ahead.

Yes, never to be such a greedy when you are placing your pick, most of the time that's the reason why instead of making money you lose a lot becuase you don't know how to properly manage your finances, just the thinking that if luck permits you may quickly double your money and win a lot, things that linger inside you and give you that impression that you can keep making decent amount of winning by pushing yourself into gmbling and treat the place as a good venue for  making money.

Gambling isnt for people who are easily scared or don't know what they're doing. The story of your friend? A classic case of what not to do. Putting a lot of money on one result shows that you dont have a plan. But lets not say the same thing about gambling .

There are smart players out there who are making a lot of money. They know when to fold, do their research, and play the chances. Thats not all; its also about being smart. Gambling isnt bad in and of itself; its how people do it thats often wrong. Quick money? A story. But steady wins by taking smart risks? For people who know the game, this is a fact. Yes, gaming does have risks, but lets not forget how rewarding it can be if you go into it with the right attitude and plan.

The little I just read about your post shows that you are wise and know what you are doing, and just like me, I know where the real money is and that is in sports betting. There is money in the casino as well but the risk is too much for me which is why I do not commit big money to it. I can bet my $5,000 on sports in a day, but not that I will just commit it foolishly to a single bet, I make sure to distribute it in bets that are independent of themselves, and if I lose some, I might win some. This, I must say has been helping me in gambling, especially in football betting and I encourage many others to do this also

But I will never encourage anybody to take gambling as their mainstay, it would be a very bad decision for the person. Even if you are so good at gambling, the moment you start depending on it alone is the moment that it would start causing issues for you. No matter how brave you are or guard against it, emotion will set in and you will begin to make mistakes. I don't think that is what anybody would want for themselves, particularly if they already have families that are looking up to them for daily bread.

I think almost all gamblers often do that because they are too greedy to put all their money on a bet that they are sure will win, that's why I always hear the advice that because we love a team or a sports club we feel selfish and too self-confident so we ignore and underestimate our opponents too much. , that's why it's hard to guess when luck is not on our side.

As much as possible, never bet with all your money because it will only make gambling more wasteful, so it's better to bet with lots of sports bets so that it is possible to get other wins that can cover some of the losses in that match. To be honest, I'm not too interested now in betting with all my money. on one match because it doesn't give me more chances of winning and it's true what you say don't bet all your money on one match

It's really a tricky situation if you will be so confident. Although it's not bad to be confident, but we should always take into consideration different things such as analyzing the situation and the risks that come with betting all in. Once you bet all-in, you should be aware that you can either profit big time or lose big time. You shouldn't be complacent and nonchalant especially if you know that you can't really afford to lose money that big. Impulsiveness is one of the recipes of disaster.

Instead being so proud, try to humble yourself and think about all the possibilities. Weigh the pros and the cons first before making a decision and executing it so you won't have regrets.

Of course you are correct because that has been one of the factors that has been luring many people by joining gambling on a daily basis because there mindset is that gambling is the easiest way of making money without knowing that gambling doesn't work that way, but however gambling is like the more you feel you can win that's the more you are losing.

Because just like what happened to someone last week on a betting shop, he saw a game that he believes is going to play and he was so confident that is going to win, so he put all his money on that single bet with the intention of wining big but little did he no that he was making a terrible mistake by putting all his money on a bet, so however at last he lose the bet and became very upset considering how he just lost all his money because of greed.

That's what will be on their minds so they will try to pursue it to recover the money they have lost in gambling. They will not think that the money they have lost will be difficult to get back because gambling is not a place to make money but a place to have fun using money. Their mindset must be changed so that they do not use gambling as a place to make money. They only come to the casino to have fun in their free time and stop gambling once they have had enough. If they continue playing, they will definitely use more money and it will be difficult for them to recover their losses. They should be able to think about making money from other places besides gambling so that they can actually have a chance to make money.

Yeah right, the beginning of chasing every single penny that they've lost when playing, that kind of attitude will bring them to suffer with
possible for more losses in the future.

Without any control, instead of making money it will be the opposite, though chance that there are people who can make some or who can manage
to control and have a good journey with their gambling activities.

But most of the time, gamblers who think that this venue is an easy access to make money suffer from addiction and huge losses.

I agree with you. Gamblers always chase the thought of "I must recover what I've lost," and it's precisely when they adopt this mindset that it marks the end for them. They might recover some losses in a few rounds, but what happens afterward? They continue playing, and the losses often pile up more than before they attempted to recover. It's a vicious cycle with no way out as long as they keep holding onto such thoughts in their minds.

On the contrary, it’s not very easy to make money in gambling. Perhaps notions like these are what makes people go into gambling hoping to make easy money quickly only to later realize after having bad losses, that it’s not so easy to make money with gambling.
Of course, it’s great to win money and most people would love winning money but the desire to win money should not cloud any sense of judgement. It’s not that easy to win money in gambling and if you do win, don’t be in a hurry to stake more in a bid to win more else, you’re going to be very sorry.

I am not addicted to gambling I always participate in gambling to keep myself safe. So far I have won most of the gambling games I have participated in. I have never lost in gambling. I am currently on a hiatus from gambling platforms. Because I participate mostly in betting on sports, I am not participating in gambling platforms as sports are very less at present. But professionally I don't want fixed income to earn money here. And fixed income is never possible for us because we can never build an online/offline casino. We have and will always treat gambling as entertainment.