Topic: Gambling is not a steady income haven - page 8. (Read 4077 times)

Well, from the very start, gambling should never be viewed as a source of income or a place to make money. Yes,  you can earn money by hitting a jackpot, and it will make your life change, but it can also take everything from you if you take the wrong path. Gambling is only for fun and entertainment; it has money involved, so businessmen or casino owners will earn from it, but for the players, there's no guarantee that they can earn or gain profit every time they play casino. In addition, gambling mostly brings despair and suffering for those players who let themselves be swallowed by their desire and greed, which is an advantage to the casino owners, so think again before you enter the casino. Think about what you want to gamble for, either to be entertained or to earn your own money, remember to gamble at your own risk what your actions and decisions will determine your future.

It is not easy to make money from gambling, sometimes we might be lucky enough to be making profits from the market and that does not mean that we are a good gambler or knows how to gambler in a casino. Because some gamblers keep making consistent profits, sometimes greed will make them to stake bigger funds because of the mindset that they are going to win. Nothing good comes easy so we have to be prepared for us to make fantastic profits from what we do and the kind of bet we play for us to make profits. If gambling is were to easy many would have not have to work for them to make money.

Yes, there are such players. But the funny thing is that when they reach this threshold of winnings that they were striving for (although more often than not they lose everything), they do not withdraw money from the deposit. Just yesterday, such a player promised himself that upon achieving a certain win, he would buy his wife a gift.
But now he has reached this amount of profit and what next?
He thinks:
“Why not withdraw money and win more? Then I can buy gifts for all my relatives!”

But this is just a reason to leave money in the system. And of course the player loses everything and goes home with empty pockets.

No matter how successful someone is in gambling, it doesn't mean that your life should be dependent on gambling to make ends meet. If someone records some huge success in gambling, the best is to invest on other things that will yield great results in the future. And again for someone that records success in gambling and setting a threshold of an amount you have in target is not a good idea as you might lose everything you won in the quest to reach your desired threshold amount.


This happens more when someone is addicted to gambling and sometimes it also happens to people that sets a winning target that unless they reach the amount they have in mind that they wouldn't withdraw their money, living money that in won in the casino just to come next time and continue is very wrong as one can't be lucky every time although sometimes leaving ones money in the casino and coming back later may be good instead of continuous playing after a win but none is advisable, it is better the amount being won is withdrawn rather than leaving it in the casino.

Trust me there are actually people who consider gambling as something that would change their destiny for good, and instead of setting a gambling limit for themselves, they set a win threshold, in a sense that if their win isn't up to that amount they'll keep playing until they realize they're left with nothing. And in order to meet their win threshold faster they end up making very high stakes couple with high odds which makes it difficult for them to win.

I've actually heard of someone who walks into the casino, after playing and almost exhausted his funds but fortunately for him, makes a significant win and instead of leaving the casino with his win, he walks away leaving his money there in the casino just so he can come next time to try to win more. I mean who does that? Gambling is indeed not an investment or something or a kind of a steady income. It's a 50/50 thing, you win sometimes and loose sometimes.

Money lost in gambling is usually lost forever. And the gamblers who don't accept this fact, and keep chasing their losses are only going to accumulate deeper losses on long term. The best gamblers can do is to accept they lost money and should go ahead recovering those funds someway else, which doesn't involve risking more money on the process.

They have to understand for their own good that gambling isn't a steady income heaven, neither a money making method sustainable on long run. If they are unable to, I fear the consequences will be very negative as they become more and more compulsive for this activity, due to believing they are having losses for not using the correct strategy or not having decent bankroll size to afford long loss streaks.

if too many people get big wins that they run out of funds, but I don't think that's possible.
In my opinion,  if casinos don't make money, then why do they open casinos? Because basically casinos are created to provide games where the games are set up to make money, by providing paid games for people who play them, and with games that have been set up, they set them up to not be defeated by people or players. And as you said about marketing strategies, in my opinion with the development of technology today online gambling is mostly done by casinos, because that way people can play without having to go to a physical casino and this is also a strategy to reap greater profits, because more and more people will play without having to go to a physical casino. By placing advertisements on the internet, because the percentage of people today, they spend more time with their gadgets, and it will make it easier for them to do online gambling because it is easy for anyone to do.

I think that those casinos that died have something they are doing wrong, maybe they don't have some funds in place and they thought they can still make money starting the business, my question for you sir is what could possibly happen if a casino isn't making money? It's not as if they are on some count down time that's running out, if your casino isn't attracting new gambler then you should focus on marketing strategies, can't deny that many are not good in this field, some know it's the right thing but they can't spend money.

This is why running a casino isn't for everyone, you need a lot of money, because you will be spending a lot on marketing before your casino become well known, you have to be sure that you are capable of the funding, it's not something you can start right now and hope you make money first.

Also location matters, and that's why I don't like offline casinos, they are harder compare to running online casino, you don't need a good crowd location to start the business, just do some marketing online and find streamers with load of followers.

Yeah, when you take your losses personally I mean all those mistakes and all this money that you can no longer recover due to your heavy gambling activities, most of the time those who aimed to win and make this venue as source of income losses a lot, instead of making money they lose money.

I like your opinion about doing it for fun, as the money that you can lose might be possible to let go and forget and not to bring
any stress after your game, just bring the enjoyment and nothing else.

The fact that you can gamble every day is no longer normal from my point of view; that is what is called worse than the level of a gambling addict. Imagine that you gamble every day. And when your habit as a gambler is like this, you won't be able to give yourself a chance to be disciplined, for sure.

Then the only person who can do this is a person who has a lot of gambling money, and he no longer thinks of gambling as a source of income. Because it's not every day you win at gambling. This means that with each passing day, the amount you lose in gambling increases, so how can you recover the total amount of what you lose if you only win once or twice in a week by a really big amount? Yes, you will experience a win, but not a large amount, just a small amount. I mean, let's say the jackpot price I am referring to.

Gambling win is not the steady one,So how the gambler will choose the gambling for the steady income.The funds using in the gambling may or may not back to you based on your luck.So the steady win from the gambling is not the possible one.If the continuous loss happen in the gambling,surely the health of the gamblers will be spoiled because of the stress created based on the continuous loss.The gambler should concentrate on the health along with the game.So he can take care of their family over a long period.

Totally agree. Gambling is even more dangerous not just in your funds, but definitely on your health as well. If you gamble only to create consistent losses, surely it will result in your health in the long run as the pressures and stress become unmanageable later on. So never see gambling as a safe haven for providing you an income, instead use it for your recreational activity. The only way gambling becomes a safe haven is when we gamble and it brings fun and joy to us, but certainly not for giving us a steady source of income.

If you are a complete noob with gambling or doesnt really have any experience and have that particular moment on which you do make yourself that being impulsive towards on the time that you do
really encounter then you would really be most likely be ending up on having those kind of intents in mind on which you would really be that believing that you could really make constant income or profits with it
until that reality would be slapping out into your face and would really make you realize that you are really that dealing with something which is really just that good or better for entertainment purposes nothingless.
One of the most common mistake because of having those wrong intents and belief on mind on whats gambling in the first place. This is why its really that important on having that self acceptance and awareness through your actions.

We do know that there might be some gamblers who do make out living with gambling but only a few numbers would really be reaching out that particular state and the rest would really be definitely
be failing on reaching this kind of goal. So therefore it would really be much better that you should really be just only playing just for fun and never intend to attain or achieve those things because it could
nearly be impossible on doing so and fact that gambling is designed for leisure and entertainment then most likely you would really be bounding on losing money instead of gaining.
We do know on how reality works but there are people who do really make themselves getting blind with those intents or simply just being too greedy.

well i still think because of the potential it has such that you can win a living changing money at a go is what will make some people think its a good source of money but the truth is that its  not consistent. this life changing winning can happen once in 3 years depending on how it plays out and how lucky such person is. to save yourself from early addiction, its better to have a mindset that gambling is not a steady income haven especially if you are a newbie.

that's right bro.. This would only be a futile dream if you only hoped for luck to come so you could get a big win.

But that dream can come true if you are serious about increasing your skills and knowledge in betting, especially your ability to analyze matches in soccer betting.

If you can't leave gambling and make money from other things, then improve the quality of your gambling and look for a type of gambling game that you can master and don't just waste time and money waiting for luck to come.

There are some people who dream of earning more from gambling. They think there is no easier way to earn money than gambling. For all these people, gambling gradually becomes a disaster. Another thing is that for those who love sports, the opportunity to enjoy the game of their favorite team and earn money from it ‍this is a big motivation. Earning is the hardest job in the world and this task is considered too easy by many gamblers which should not be done. The main thing that anyone who accepts gambling they should conduct controlled gambling. Gambling should never be considered as earning.

That's true, but luck will likely be there in the long run which makes them go after that luck. But there are also gamblers who have just played a few times and got lucky, no one can predict when luck will come.
So it's better to think of gambling as entertainment to fill your free time by enjoying the game and with enough capital while hoping for luck, and sometimes this way of playing can get lucky and stop when you get it and enjoy it.
and most of these methods are applied by those who have other income or work and play only to fill their free time after stress with work activities.
and those who want to earn money in gambling will continue to play for money and this will make them addicted and keep looking for ways to earn money to gamble. So gambling is not a place to earn income, because the wins you get will not be consistent, which actually loses more than wins.

I know it’s very easy to make money in gambling. That’s kind of the whole lure of it, that you can make money, fast, and easily. But gambling it's not a steady income due to the high risk involved. It’s great to win money! People love that! That's why they gamble in the first place. The main issue with gambling is that while people win money, they lose even more money if they don't know how to control it. Like I said in other post, you should know how to control it and set limitation for yourself.

It's true,the gambler should wait for the luck after the game.Luck is unpredictable to all the gamblers,sometimes gambling will favor the people who create their own strategy for the gambling.After the win,he should not continue the game,it's better to hold for the longer period.Don't pressure yourself,after the win you have to enjoy the gambling money in the good thing which gives you the happiness.Then you can back to the gambling with more will power to win the next high winnings.It's possible only with the will power.

Gambling results are based totally on chances or luck. It is unpredictable and uncertain. You can not make it a way of living or a source of steady income. You may win in a streak on gambling but you will lose one day that's for sure. If you don't take proper steps and gain enough knowledge before stepping into it, you will eventually make more losses than win in the long run.
People consider Gambling as a way of entertainment and it should be used for that purpose only. If you use it as a way of making money, then you will lose and worst case scenario, you will become addicted. It was never a way to make money for living and it will never be. Enjoy it and do it for fun. There are other ways to make a steady income. Pursue those which will ensure you a steady income. Not something that is unpredictable as gambling.