Pages:
Author

Topic: Gambling Wins: Your Money Was Returned to You. - page 5. (Read 1698 times)

hero member
Activity: 2688
Merit: 540
DGbet.fun - Crypto Sportsbook
I do believe that when we win in a casino, it is other people's losses, because the casino is a round business very well squared mathematically when things develop in the business, of course in the long term, the return on investment of the casino owners is better, this considering in part what the house advantage means, but in general terms I see that every time a player wins, it is because one or many players lose, it is something similar to what happens with the exchanges, the people who make money is the money that other traders lose, very rarely the money of the exchange is the one that is committed, this type of business is very good, that is why the exchanges, the casinos are always profitable Businesses , at the same time minus that is what I consider can still be taken as a big deal.

Maybe I'm wrong when there are some players who are whales, when they win many millions of dollars in a casino, I think that the casino has to assume that responsibility and that outflow of Money, however they must have very large money to cover this type of liabilities It is very Difficult for a casino to become decapitalized, because I have always believed that the people who have Extra money, that they have left over , are moving it Aound, looking for new Investments outside the area where they are Involved

Whether it is really that our own money or other peoples money then it wont really be making a difference on which you would really be definitely lose in the end of the line and  this is something
the reality that you would really be needing to face on, on the time that you would really be hovering yourself into this gambling field on which this is something that you would really be needing to realize at first so that you wont really be finding yourself that too confident on playing gambling on which you would really be minding about on how to win.

Gambling should really be just that for fun and not something that you would really be needing to find yourself that too desperate on making profits because this is where shit things do start to happens.
Dont think about something like this as if you are really that serious on trying to find out on whats happening behind the curtains. You should be treating gambling
to be some sort of entertainment that you wont be thinking about on how frequent you would be able to win.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
I do believe that when we win in a casino, it is other people's losses, because the casino is a round business very well squared mathematically when things develop in the business, of course in the long term, the return on investment of the casino owners is better, this considering in part what the house advantage means, but in general terms I see that every time a player wins, it is because one or many players lose, it is something similar to what happens with the exchanges, the people who make money is the money that other traders lose, very rarely the money of the exchange is the one that is committed, this type of business is very good, that is why the exchanges, the casinos are always profitable Businesses , at the same time minus that is what I consider can still be taken as a big deal.

Maybe I'm wrong when there are some players who are whales, when they win many millions of dollars in a casino, I think that the casino has to assume that responsibility and that outflow of Money, however they must have very large money to cover this type of liabilities It is very Difficult for a casino to become decapitalized, because I have always believed that the people who have Extra money, that they have left over , are moving it Aound, looking for new Investments outside the area where they are Involved.

full member
Activity: 588
Merit: 119
Epsiloan Protocol
I don't know about casino but in sport betting your winning can be more than your loses if you are a gambler that knows how to manage your finances when betting. Although you can't secure a win win always in gambling no matter how small you want your returns to be but you can still be at profit after winning if you manage your bet well.
If you've got more wins overtime in your betting history then yes you're definitely winning more compared other gamblers and that your money isn't returned to you but that's not an easy thing to do, if you stick to the winning odds which is most of the time is really low and that doesn't net you any big profits, some odds are so low that you might even lose money even if the bet wins.

This is why I talked about managing your finance while betting. This is very important if you want to be on the winning side in gambling. Most times greediness make people to go beyond their plans during gambling. But if this can be overcome, then you are good to go.
hero member
Activity: 1484
Merit: 928
There have been saying that before you win a game in gambling, you would have lost enough funds and that means you didn't win any new or extra money to yourself but the casino return part of your money which you have lost before to you.
Technically if you look at it well, you will see that that’s what gambling is just about, gambling is all about winning and losing, and most people are always losing than the way they win. So if you look at most gamblers, they are always at lost, if the amount won in gambling is sum up together, and it’s subtracted by the amount they have lost, then you will see that the amount lost is just more than the amount they have won, but just few people knows about this.

And some will still say that what about those who have not playing gamble before and they won in their first day in gambling.
If you don’t gamble before and you decide to gamble and win in the first day, people like that will find it difficult to stop gamble, they are going to continue, and if they can continue, gambling site will end up taking their money back, because they are definitely going to lose. Losing is normal in gambling, and their is no way it can be avoided.
member
Activity: 224
Merit: 68
Bitvest.io★ Play Plinko or Invest!
OP your only right if the win /loss ratio is on one side which is loses, not everyone has it hard on gambling, but your not entirely wrong  to see it that way, most people just throw money at gambling daily with the mentality of trying their luck and would end up losing money on a daily basis and when they have list up to a month and finally win would gubilate as tho they have won anything when they have been losing all this while.

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.

Read the topic bro, it'd not crypto we are talking about, it's gambling.

hero member
Activity: 2268
Merit: 789
OP it actually depends how deep one has been in gambling and most gamblers doesn't keep records of their winnings and losses to know if actually the money they won is part of the ones they have lost in previous attempts to win but however, to me I feel that a consistent gambler who have been losing conspicuously may be recovering part of his losses although it depends on the amount that's being won because there is an amount that one would win that can actually supersede one's losses but inasmuch as most gamblers doesn't keep records of winnings and losses it would be very difficult to know whether your winnings are part of recovery of your losses.

The only thing I would believe is if casinos or gambling companies pay from people losses because there are some winnings that they normally pend so if they are paying from their pockets they would have done that immediately but instead some of them waits for people losses in the following weeks in other for them to pay winners with losers money.

I think what OP is describing fits perfectly on some of my previous replies regarding the cycle of gambling.

In this cycle, a person would gamble more regardless if he wins or losses due to the nature of the emotions that are felt. For example, a person would most likely try to gamble again if they won just to see if they continued the streak; and a person would most likely gamble again if they lost in hopes of recovering such losses.

At the end of the day, the mindset of the gambler is what makes the difference as a whole- if they view gambling as a means of profiting, then they would most likely view any win as a sign of profit even if their records or history show otherwise; but if a person views gambling as a source of entertainment, then they have the most control over their emotions and expenses.
hero member
Activity: 1666
Merit: 701
Yes, it's as simple as that, or what it means is that when you win it can mean that you get back the money you previously lost due to the defeat you experienced, and that means isn't it not a win but just a recovery? Of course I will say this unless the winnings are very large, which is equivalent or enough to cover your living expenses for several years perhaps.

But in my opinion, most gamblers are deceived by their winnings, they think and assume that their money has increased because they managed to win, but if you calculate it with what they have lost due to losses, the amount is usually the same or even much greater than the amount of their losses. even though at that time they managed to win. So this is gambling where you will not realize that the actual number of losses you lose is much greater than the wins, but in fact a gambler will be able to forget 10 losses just because he gets 1 win.
hero member
Activity: 952
Merit: 662
I don't know about casino but in sport betting your winning can be more than your loses if you are a gambler that knows how to manage your finances when betting. Although you can't secure a win win always in gambling no matter how small you want your returns to be but you can still be at profit after winning if you manage your bet well.
Definitely it looks profitable if you're imagining a gambler is correctly predict all the matches he bet, but if you try it by yourself, you will know the answer.

It's similar like someone want to open a small business and already make a calculations how much you could earn in a day, then calculate it to in a month. The thing is no one know how many people want to buy our products.

Sports betting is also full of uncertainty, a heavy underdog can beat a heavy favorite.
sr. member
Activity: 1554
Merit: 334
That's exactly what it is, unless you've won billions of dollars, any money that you've won over the course of your gambling career is just your money being returned to you by the casino or the gambling industry. It's like a vicious cycle that would quickly turn into parasitism the moment that you try to put some effort into changing your life and stop the gambling cycle of trying to chase the losses that you'll get the more of the more you gamble.

I don't know about casino but in sport betting your winning can be more than your loses if you are a gambler that knows how to manage your finances when betting. Although you can't secure a win win always in gambling no matter how small you want your returns to be but you can still be at profit after winning if you manage your bet well.
If you've got more wins overtime in your betting history then yes you're definitely winning more compared other gamblers and that your money isn't returned to you but that's not an easy thing to do, if you stick to the winning odds which is most of the time is really low and that doesn't net you any big profits, some odds are so low that you might even lose money even if the bet wins.
sr. member
Activity: 1470
Merit: 256

Yeah and we actually stuck there and if you think is fun you might continue with stay in a budget or you can watch other people do gambling recent week I just watch peopled o gambling on kick

Gamblers may almost feel trapped by the temptation of existing games because there may be reasons why they are trapped, one of which is greed, curiosity, perhaps the possibility that they are sure they can win the gambling game. the game is to keep him there while others are still there. curious about his friends there who have won, he might find out how he managed to win.
So here we can conclude for ourselves whether we belong to which group, maybe I think you are watching while finding out about the skills that every gambler has, right?
copper member
Activity: 2156
Merit: 983
Part of AOBT - English Translator to Indonesia
Kinda true  Grin and if you know even tho we win It is just other people's money who lose the gamble and the cycle continues, until you escape the matrix and always win hahahah.

But overall my money doesn't comeback to me  Grin Grin it back to other people.

I agree with you, when we win, in my opinion not only does our money come back, but there is additional money from other gamblers who lost at that time.
And conversely, if we lose, the money we use to gamble will be received by the lucky gambler.
So from here I conclude that a cycle like this is what actually occurs in gambling profits. we lose money and we definitely receive money with winning results that cannot necessarily be predicted.

Yeah and we actually stuck there and if you think is fun you might continue with stay in a budget or you can watch other people do gambling recent week I just watch peopled o gambling on kick

Mostly the house I would say.

Unless you are playing on games like poker with other gamblers. Still the house takes a cut from those games

Yep I almost forgot this part the House is always win even tho he only gained 1% of what we winning but win is win. Even tho you play on Card game every game on gambling sites is take the cut bro unless there is some competition or event that rarely happen
full member
Activity: 588
Merit: 119
Epsiloan Protocol
There have been saying that before you win a game in gambling, you would have lost enough funds and that means you didn't win any new or extra money to yourself but the casino return part of your money which you have lost before to you. And some will still say that what about those who have not playing gamble before and they won in their first day in gambling. Well those people newly converts to the gambling system will still dash the casino company that win again because the first time win is always to lure them to the system and making them to perpetual adoration to gamble. And I don't think someone in the gambling industry has as a win win gambling history. Or you wins are bigger than the loss. And all the experiences I have in gambling I have not seen that and also those of my friends who are gamblers have not to me that they only win and there is no loss record in their gambling history. And all the ones I have seen and known, the loses are more than the wins. And when I carefully look at the argument I also accept the assertion that what you win was part of your loss. Is that true? Make your input.

I don't know about casino but in sport betting your winning can be more than your loses if you are a gambler that knows how to manage your finances when betting. Although you can't secure a win win always in gambling no matter how small you want your returns to be but you can still be at profit after winning if you manage your bet well.
hero member
Activity: 1008
Merit: 960
Kinda true  Grin and if you know even tho we win It is just other people's money who lose the gamble and the cycle continues, until you escape the matrix and always win hahahah.

But overall my money doesn't comeback to me  Grin Grin it back to other people.

Mostly the house I would say.

Unless you are playing on games like poker with other gamblers. Still the house takes a cut from those games
sr. member
Activity: 1470
Merit: 256
Kinda true  Grin and if you know even tho we win It is just other people's money who lose the gamble and the cycle continues, until you escape the matrix and always win hahahah.

But overall my money doesn't comeback to me  Grin Grin it back to other people.

I agree with you, when we win, in my opinion not only does our money come back, but there is additional money from other gamblers who lost at that time.
And conversely, if we lose, the money we use to gamble will be received by the lucky gambler.
So from here I conclude that a cycle like this is what actually occurs in gambling profits. we lose money and we definitely receive money with winning results that cannot necessarily be predicted.
copper member
Activity: 2156
Merit: 983
Part of AOBT - English Translator to Indonesia
Kinda true  Grin and if you know even tho we win It is just other people's money who lose the gamble and the cycle continues, until you escape the matrix and always win hahahah.

But overall my money doesn't comeback to me  Grin Grin it back to other people.
legendary
Activity: 1022
Merit: 1341
The vast majority of gamblers will lose more money than what they put in. That's just math and how it works.
One example of this is an Australian man called David Walsh. You can read about him online. Even in his own book he calls himself lucky.
 From the comments I have seen so far people have made different comments which I have seen. Some people would say many have lost money and they have tried to gain back their loses. And some have won with loss. Yes such scenario happened in few cases but if the person is an addict to gambling that then that money would be used again In gambling there are some time the gambler would like to invest the money but something that has enter into your blood, you can't leave out from it. And as I said in the Op, there is first timer winning in the gamble but that doesn't mean your are the best. So you better behave well.
sr. member
Activity: 420
Merit: 253
OP it actually depends how deep one has been in gambling and most gamblers doesn't keep records of their winnings and losses to know if actually the money they won is part of the ones they have lost in previous attempts to win but however, to me I feel that a consistent gambler who have been losing conspicuously may be recovering part of his losses although it depends on the amount that's being won because there is an amount that one would win that can actually supersede one's losses but inasmuch as most gamblers doesn't keep records of winnings and losses it would be very difficult to know whether your winnings are part of recovery of your losses.

The only thing I would believe is if casinos or gambling companies pay from people losses because there are some winnings that they normally pend so if they are paying from their pockets they would have done that immediately but instead some of them waits for people losses in the following weeks in other for them to pay winners with losers money.
hero member
Activity: 1666
Merit: 513
Leading Crypto Sports Betting & Casino Platform
And I don't think someone in the gambling industry has as a win win gambling history. Or you wins are bigger than the loss. And all the experiences I have in gambling I have not seen that and also those of my friends who are gamblers have not to me that they only win and there is no loss record in their gambling history. And all the ones I have seen and known, the loses are more than the wins. And when I carefully look at the argument I also accept the assertion that what you win was part of your loss. Is that true? Make your input.
As gambling involves luck, anyone can take advantage and anyone can lose. It is not unusual for people who have never gambled but won their first bet. And for this reason we cannot say that those who are completely new to gambling will win. Some may win and some may lose. But such comments have been heard before from many gamblers who think it is easy to win on the first bet they think Gambling platforms in particular heavily favor and entice newcomers. I myself won the first bet. But I could never be sure that I would win that bet. I disagree with those who make this comment on gambling. Because I think it's an emotional point of view. I have also heard from some gamblers that they lose when they take big bets from gambling and win relatively small bets. I could not agree with such comments. Just because he might win small bets and lose big bets doesn't mean he will win small bets.
hero member
Activity: 910
Merit: 507
Experts said that's a fact because every time you lose, sometimes it's more than the days you win, and at the end of the day, it's just your own money you get unless you won at the beginning and that's not the case as we all know because once you win or lose, you will end up getting back there after every job you had all day. That's exactly what they want you to do and they are willing to give you some wins just to make you addicted and want to return to play. That's exactly what online games use and they use gotcha and other methods just to hook up rich players and they only realize that they are only wasting money after they have lost a huge amount of it from playing gotchas.
We should take gambling for entertainment and nothing more than that, this is because when yoh gamble for the profits you tend to be in a compulsive position, and in the end it can lead you to lose more than you can afford to lose and that is why we always advise that, one should not take gambling as a such of income but rather a way to get entertainment from the game, .any times we are just a tool in the hand of the casino and the winnings of mr a is goan be paid with the loses of Mr b and the same cycle goes on all the time.


Another thing is how we tend to take breaks or follow our own principles and lay down rules, because not doing so will only lead us closer to unfavorable outcomes at the end of the day, but our ability to follow those rules also is another thing to consider also as gamblers.
sr. member
Activity: 644
Merit: 262
what we win is the money we lose, I don't think so, I think when I win gambling it is someone else's money who loses and vice versa, and this cycle will continue to turn, and that is the reason why casinos very rarely go bankrupt because they pay out their winnings. which is greater than their income
Its a simple logic and you've just unraveled it mate, what money we win is someone else's money that was lost in a bet somewhere else, just as my loss would be for a payment to someone somewhere with a win. If we say it's money we had lost in the past that we got repaid by winning what about gamblers that have rarely made losses as a result of them not regularly gambling but in all the times they have gambled they have had more wins than losses. I therefore agree that it's just a payment circle that goes on and on.

What every gambler should strive for is to making sure they don't be in the category of the highest losers and that can be done by gambling responsibly, not using money you can't afford to lose.
Pages:
Jump to: