Topic: Gambling Wins: Your Money Was Returned to You. - page 11. (Read 1545 times)

IMHO thats something that can be true but sometimes it can be broken in different circumstances such as when you try gambling for the first time and win right away because its considered an advantage then its a different story because its done as a binder to keep you playing the game.

But on the other hand when someone is gambling realistically they must be aware of that because after all the gambling that is done will definitely have more losses than the benefit we get but on the other hand it will also not be a problem because it is a thing that we must have realized from the start because after all when talking about gambling we will not be able to win from the bookie whatever happens because we are just players who are only looking for thrills and pleasure but they are business people who will definitely benefit greatly when we do gambling.

Some of your conclusions here are incorrect. Some gamblers have recorded more wins than they have lost. Recently, there was a trend on Twitter about a boy who staked $5 and won $15000. So do you think such a gambler has lost up to $15000? I`m not sure. There are so many stories of people who won big and made establishments that they are living on to date. Not everyone who won returned it to the bookie and not everyone who won received a quota for their lose. Not minding that most gamblers are on minus but then it will be unfair to claim that no one has benefitted from gambling.

It sounds simple like there are some rules about it, but if it was like the OP says there wouldn't be so many casinos around, operating and making big bucks for years. From a player perspective, it's hard to win, it's even harder to win in the long run...

When I have a streak of losses (by this I mean losing a few deposits in a row) it's usually because I was overconfident and I was thinking like it was my turn to win... that doesn't end well in most cases, especially after I get some big win and I start to push even harder. I lose my winning and additional deposits.

It's gambling, we can expect to win and we can think it's our turn to win big, but the reality can hit as pretty strong. So we need to be aware of that and not gamble with money we can't afford to lose... because if we do that the consequences can be terrible.

Those who see every new round or every new month as a clean sheer, like they never lost anything, are delusional. You should always look at complete experience. You can say that you don't count this or that casino, but at the very least be honest about the statistics of your account. If you won a lot of money, but despite that the account is still at a loss, you are at a loss. It's very simple!


I guess you've never heard of bitcoin then, because bitcoin is the "right" coin.
It's really funny how we can be in a bull market, up 100% in a few months and people come to bitcointalk to share their sob stories of how they can't find the right coin to invest or how they lost money buying coins... In most cases they did not lose anything by buying, they lost it by selling at low price.

But let's be real, even playing it cool with gambling ain't risk-free. The house always has an edge, so thinking every game's a sure win can be tricky. Remember, that "just one more spin" whisper can turn into a budget-busting roar fast. ️

The key is playing within your limits. Think of it like having a designated "fun fund" – spend it if you want, but don't touch the rest. And while infrequent wins are awesome, don't let them fool you into thinking gambling's a get-rich-quick scheme. It ain't.

That's absolutely a false narrative,  check the amount of money that you normally lose when the predictions doesn't go your way, the amount is not always huge. That is to say, most times you're stake's are little compared to the bonus and the amount of odds the bet company gives you, if you combine your bonuses and the odd together your total win is always big, so at the end of the day the bet companion stands a the chances of losing more money if your prediction are correct.
So whatever you lose is nothing to be compared to what the bet company stands to lose when you win big. Don't also forget that there are some gamblers that win, day in day out on a steady. So your win is not part of your losses because they give more bonuses and high odds for you to win better than the little amount you always stake to win.

I lost more money on crypto than I made. I considered it a lottery, maybe i hit the right coin sometime, but most likely I will end in the red.

it sounds so simple like you are just depositing some coins and getting them back when you win. idk

we're already used to seeing casinos winning all the time as the odds always be with the house. not any of them wants to lose actually so it doesn't make sense. if you mean you got lucky and won a few of your money back then yes sure but they are not returned as you won then back in fact if you lose again, they are getting more from you.

Every gambler has his/her own gambling losses and that's not normal when someone who would claim that he/she has never lost any single bet at all.

If totaling all of the lost money that a gambler has, even the won amount can be said that's still part of your losses if you're not yet in profit or you just break even.

So that matter depends on how much you really have got and that's how you're going to make yourself comfortable with those losses that you're trying to recover and if you'll count everything.

I do not agree with the assertion. Infact the argument isn't based on logic but on sentiments. Look at it very well and you will simply see that those you make this assertion are indirectly promoting chasing losses. Because if you feel that your eventual win after a series of losses was is part of the losses then you are encouraging the gambler to keep gambling even if they are experiencing a loss because in the end, they will recover their losses through a win.

Please gamble responsibly. Gambling addiction is real and it comes gently on the gambler until they are hooked and it becomes difficult for them to quit.

In casinos, there is house edge. In bookies, there are unfavorable odds. These are what gambling sites are using to make their users to lose more. In life, there are things that you can do that will give you more chances to make profit, but gambling is not one of them. Gamblers are meant to lose more than win by nature.

This is just it. Gamble with little amount of money. If you go for some bottles of beers and roasted meats, you do not see it as waste of money. People should see gambling like that. If they are not using it to have fun, they should stop gambling.

For people who didn't win in the end, this should be true.

But some gamblers won in the end. It just depends on who you talk to. Those pro gamblers became pros after several losses and wins and still, they continue to become a gambler and some of them even become poker celebrities and then more money was returned to them. Those who didn't become pro didn't make it.

Just don't try to be one of them, just be like the new converts who stop playing after realizing the odds always belong to the house.

The rise of gambling platforms doesn't mean that players are all profitable in gambling. Rather it is because casino owners see how many people are hooked up with the idea of earning profit from this industry and that is what they are taking advantage of. It would be much reasonable to say that more people are seeing the demand in gambling which makes them desire of being the provider than a consumer. House most of the time wins in the first place and knowing how many gambling sites are being born nowadays, is not a surprise.
Yes there are, but we cannot set aside the fact that most of the gamblers are in loss, in the long run. There are just gamblers, as you have mentioned, which are lucky enough to win big amount of money. Those who won varies on the wy they handle their winnings. Those who will be eager to re-use the money in gambling are the ones ending to lose all of those which they earned.

I don't mind if the money is returned to me, I accept that exchange and revolving process as part of the game.   This is the illusion of the game, it always confuses me in poker to win the pot but of course alot of that money is my own anyway    Of course I hope to gain more then I lose but its naturally true that a large part of betting is just a continual revolution of money.    This is partly why its best to remove some of the money you win so that eventually it becomes obvious its time to come back another day not continue and lose the winnings too.   Set a time or budget or reduce the bet by this harvesting of winnings to guide yourself with a limit seems best.  I haven't the discipline to just gamble free reign and no limits or rules on myself when to stop, I think I would lose more this way because I would act more recklessly unrestricted.

Well, honestly there are gamblers who are in profit. It depends on your gambling habits; those who are in profit are either ones who won the jackpot or those which are often securing winnings. The idea behind this is consistency and inconsistency. Nothing's consistent in gambling; you won't win continuously but that also means you won't lose always. If you are able to manage your bankroll and wagers, then you could be in profit. The only instance you'd be permanently at loss if if you lose increasing amounts but if it is with the opposite such as being able to lower your bet after a win, or to be consistent in a way with the amount you are betting, then you could be in profit. There are factors which differs the idea; the game you are playing and overall efficiency as a gambler. With pure luck games, gambling consistently will put you in huge loss but with strategical gambling activities such as sports betting, you would only bet on times you are confident with the team or players you are interested with. Key to profit is management of funds, and control with emotions while gambling. This might not be evident to all gamblers but we cannot generalize that everyone has the same fate and fortune.

There already are tons of gambling websites and casinos with more popping up everyday around the globe. This is because they are profitable, very profitable, and with the fact that their major source of revenue is your stake, with the only other one I can think of being ad revenue on their website, this means they are profiting off the players.

Majority of players lose everyday with only a few winning and they also structure the games to favor the house and put you at the disadvantage. Just gamble for fun and do not stake too much on it.

- Jay -

But this depends on what kind of gambling is up for discussion because while the theory that casinos want a player to win at first in order to lure him into gambling could be true for slot machines and other things like roulette, it would never be possible for people betting on sports. I have had this feeling when I played on poker sites and the session started very well and then out of a sudden my streak fell apart and I got destroyed nonstop by hands that were much worse than mine. I think it is quite normal then to come up with the idea that the system could be rigged. But this is not so much the case on the huge poker sites as they make their money from entry fees and rakes. But smaller poker sites with less deep prize pools would still have an incentive to make some extra by using a rigged system or bots or whatever they can do.

The timeframe is also important. if somebody says "I have won in gambling all the time" and the person gambled for a week, then it is of course possible. But if someone says they have been all the time and gambled on a regular basis for ten years, then that's bullshit.

I like gambling the most when someone can independently verify the outcome of a bet that was placed. But I think that fully registered and licensed casinos stick to the rules. They use third party providers and have the payouts to players set up front, which is why they don't really have an incentive to offer rig systems. I think they would rather try and keep a player on the site with bonuses tailored to their gambling habits. It's like always, the smaller the casino and the shorter they have been around, the riskier it is to get served with a perfectly fair system.

That Is an assumption but it could be true and may not be true too.

From my perception, it's quite true because if I calculate how much I have lost while playing or gambling its either equal or higher than or even less than I have ever won. infact the assertion could be true because of the total number of people who must have experienced it.

From another sense of humor I can say it's not true because I have seen someone win always because she only depends on someone else bookie to gamble and most times because of the countless times she had won staked big and lucky her she had won severally and now I can say she has won more than loss. from this perspective it's not true.

We all have different experience so it's all depends on our experience.

This has not always been the case for all gamblers the exception is that those with the higher losses to winning are of greater number.

As a gambler you have to calculate yourself how you carry on with your gambling and the amount of money you spend and the type of games or sports you bet on,  betting on sports games you are knowledgeable of gives you a good chance of having more wins than losses. People that frequently experience greater losses than the wins they make in gamble as mainly those that gamble in games they have no skill or good information on, even with luck you also need to be skillful at what you do in gambling.

For me I develop a way of dealing with the idea that am losing more than am winning in gamble by making sure that every winning I make I use a bigger portion of that money to get myself an item to always remind I got it through a win sometimes ago. As I don't record my wins and losses that's how I do to make myself not to think about the insignificant losses I make. I call it insignificant because am a responsible gambler I don't gamble beyond what I can afford to lose.

Your argument might be true but it is not the whole truth because there might be some exceptions. This assumption is based on your personal opinion that you have gained from your personal experience or from your environment. There are many people who have won far more than what they have lost in casinos all through their lives as gamblers. Some person will big that exceeds what they will gamble in their lives if they gamble responsibly.

I also know many people that won their first bets but they don't reference or see gambling as a must-do. However, I will still agree with your point that most gamblers lose more than they win. I was in a physical betting shop for about two hours yesterday and from my observation, more people lost. But if you gamble responsibly you might not suffer uncontrollable losses.