Is Gambling a scam | Bitcointalksearch.org

Dewi Aries

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Quote from: Jody.Drummer on Today at 02:42:40 AM

Quote from: Dewi Aries on January 02, 2025, 05:00:35 PM

Well that's also what I think which I also strongly believe that one of the reasons why many people assume that gambling is a scam is because they actually do not know and understand properly about what and how gambling really is so they assume or think that losing is a scam, even though rationally it is clear from the start that gambling is about winning and losing, meaning that it can be said that losing is a very natural result.

I agree with the statement you made in your second paragraph that there is no other correct point of view than making gambling a place to seek entertainment, because when we direct our minds to the entertainment aspect then the losses from the losses we experience will not be too painful, so far I think that's all.

There are many views or sentences that we can say to people who think gambling is a scam, but what is clear is that gambling is not a scam or fraud because this is a business that is developed with the benefits that can be obtained if you are lucky enough to get it, the other side is that there is no way to get a win for sure because this is a business that is intended to seek profit for the casino owner himself, not by sharing profits easily. The mistake is that many people force themselves to win at gambling and that makes them lose more money than before, big losses or other impacts are the consequences and they should be able to accept it because it is the result of their own actions which were wrong from the start.

Yes, unless for example the case is not about winning and losing such as unprocessed withdrawals or accounts that are suddenly frozen after you have won a large amount then it can be categorized as fraud. I understand that fraud is something that is detrimental to one of several parties but if for example from the beginning it is clear that losing is part of the game then a gambler should not assume that but think that he is indeed far from luck. You are right that gambling is basically a business for casinos that aims to gain a lot of profit from losing gamblers, so it is clear that the concept of gambling is like that, losing should not be used as an excuse to say that you have been cheated, and besides from the beginning there was absolutely no coercion or even any threat from the casino telling you to gamble.

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Quote from: rachael9385 on January 02, 2025, 06:15:11 PM

Quote from: Cityhunter34 on January 01, 2025, 04:30:55 PM

As far as I know, gambling itself is not a scam, it's how people approach it that can make it seem that way.

It is essential to view gambling as a form of entertainment rather a means to make quick money, which often lead to significant losses in gambling. By keeping this mindset whenever we gamble, we can minimize frequent losses.

Exactly mate.
Gamble is not a scam, if gamble was a scam, it wouldn't have had license. However what you said is true because it's how a gambler approached it is what would make it look like a scam to you. From beginning I have been thinking that gamble was for profit making but recently I have them realized that it's for entertainment. If a gambler is gambling for profits he will probably chase his losses when he loss his bets.

I go with that, it's on how a gambler approach on it and how they play their money and luck, if you are into entertaiment then it's not hard to move forward each time you lose, unlike with thinking about it as form of income source once you lose you are force to recover and keep adding money to have that shot to find your luck.

You need to have that mentality to avoid letting your emotion to dominate and give chance with your frustration and aggression to push you keep depositing and losing your money, amount that you are not willing to let go.

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Quote from: Sandra_hakeem on January 02, 2025, 06:29:12 PM

Quote from: rachael9385 on January 02, 2025, 06:15:11 PM

Quote from: Cityhunter34 on January 01, 2025, 04:30:55 PM

As far as I know, gambling itself is not a scam, it's how people approach it that can make it seem that way.

It is essential to view gambling as a form of entertainment rather a means to make quick money, which often lead to significant losses in gambling. By keeping this mindset whenever we gamble, we can minimize frequent losses.

Exactly mate.
Gamble is not a scam, if gamble was a scam, it wouldn't have had license. However what you said is true because it's how a gambler approached it is what would make it look like a scam to you. From beginning I have been thinking that gamble was for profit making but recently I have them realized that it's for entertainment. If a gambler is gambling for profits he will probably chase his losses when he loss his bets.

As rightly highlighted, it's the approach gamblers employ while carrying out their gambling activities that makes it look like scam to them.
Gambling remains an entertainment and stress relief exercise but when done outside this context becomes a big problem because the end result can cause intensive depression.

Gambling is a game of luck and not even the lucky winners know for sure they will be lucky when they won. Winning comes so unannounced. We shouldn't forget that as we aspire to win when we make a bet so are the bookies hoping we lose so they too make more profit. It's actually a two way thing but mostly in favour of the bookie

When you do deal up with a new site then there's a high probability that terms might be changed and if there's that rigging up their games to end up for losing into its gamblers. So it will really be that just depending on what platform that you are that dealing into but we do really know that when it comes to the option we are taking then always make it sure that you do really know on how to deal up with things on which it much better to have that choice into those legit ones rather than making yourself dealing into those new ones. Its not bad to deal up with new ones but you should really be that cautious when it comes into this aspect. People who do call gambling as a scam are to those who are just expecting that they can make money with gambling on which they didnt even other to take up the risks.

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Quote from: Dewi Aries on January 02, 2025, 05:00:35 PM

Quote from: Jody.Drummer on January 02, 2025, 12:18:18 AM

Indeed, some people who consider gambling a fraud are because they are wrong in responding to gambling, such as they think they can get certain profits in gambling so that indirectly it makes them have or put high hopes on gambling and this is what makes them think gambling is a fraud because by thinking they can get certain profits while the most likely thing to happen is losing the money that is bet.
The correct point of view is indeed to respond to gambling as just a means of entertainment, because with this I think there will be no high hopes that we have in gambling, also with this it can prevent major losses because when we put high hopes on gambling it usually makes us experience major losses because we are chasing victory which actually has no way to get it other than luck that is on our side at the right time.

Well that's also what I think which I also strongly believe that one of the reasons why many people assume that gambling is a scam is because they actually do not know and understand properly about what and how gambling really is so they assume or think that losing is a scam, even though rationally it is clear from the start that gambling is about winning and losing, meaning that it can be said that losing is a very natural result.

I agree with the statement you made in your second paragraph that there is no other correct point of view than making gambling a place to seek entertainment, because when we direct our minds to the entertainment aspect then the losses from the losses we experience will not be too painful, so far I think that's all.

There are many views or sentences that we can say to people who think gambling is a scam, but what is clear is that gambling is not a scam or fraud because this is a business that is developed with the benefits that can be obtained if you are lucky enough to get it, the other side is that there is no way to get a win for sure because this is a business that is intended to seek profit for the casino owner himself, not by sharing profits easily. The mistake is that many people force themselves to win at gambling and that makes them lose more money than before, big losses or other impacts are the consequences and they should be able to accept it because it is the result of their own actions which were wrong from the start.

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Quote from: rachael9385 on January 02, 2025, 06:15:11 PM

Quote from: Cityhunter34 on January 01, 2025, 04:30:55 PM

As far as I know, gambling itself is not a scam, it's how people approach it that can make it seem that way.

It is essential to view gambling as a form of entertainment rather a means to make quick money, which often lead to significant losses in gambling. By keeping this mindset whenever we gamble, we can minimize frequent losses.

Exactly mate.
Gamble is not a scam, if gamble was a scam, it wouldn't have had license. However what you said is true because it's how a gambler approached it is what would make it look like a scam to you. From beginning I have been thinking that gamble was for profit making but recently I have them realized that it's for entertainment. If a gambler is gambling for profits he will probably chase his losses when he loss his bets.

As rightly highlighted, it's the approach gamblers employ while carrying out their gambling activities that makes it look like scam to them.
Gambling remains an entertainment and stress relief exercise but when done outside this context becomes a big problem because the end result can cause intensive depression.

Gambling is a game of luck and not even the lucky winners know for sure they will be lucky when they won. Winning comes so unannounced. We shouldn't forget that as we aspire to win when we make a bet so are the bookies hoping we lose so they too make more profit. It's actually a two way thing but mostly in favour of the bookie

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Quote from: Cityhunter34 on January 01, 2025, 04:30:55 PM

As far as I know, gambling itself is not a scam, it's how people approach it that can make it seem that way.

It is essential to view gambling as a form of entertainment rather a means to make quick money, which often lead to significant losses in gambling. By keeping this mindset whenever we gamble, we can minimize frequent losses.

Exactly mate.
Gamble is not a scam, if gamble was a scam, it wouldn't have had license. However what you said is true because it's how a gambler approached it is what would make it look like a scam to you. From beginning I have been thinking that gamble was for profit making but recently I have them realized that it's for entertainment. If a gambler is gambling for profits he will probably chase his losses when he loss his bets.

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Quote from: lovesmayfamilis on January 01, 2025, 05:35:34 AM

I agree. However, if we imagine a situation where people do not know about this forum, then the probability of falling into the clutches of scammers is very high. In addition, those unimaginable bonuses that casinos sometimes offer, along with bright advertising and fake statistics of frequent wins, will be very good bait for beginners. And as a rule, people begin to analyze more and doubt only after receiving their own bitter experiences.

This is true. The awareness of users on the forum is at a very high margin and that’s because, almost on a daily base, you find users having to talk about this and that experience concurrently. As the schemes are developed, there is a likelihood that someone knows about it on this forum, either as a first time experience or have heard of it somewhere in their neighborhood and would be sure to share. That’s some of the benefits in being a part of a globally inclusive forum such as this one.

In our world now, there are so many tools to edit even that which is fake to make it look believable and these tools are in the hands of those who want to use it for evil as well as good. Being shown this and that as proof doesn’t always solves it. Your always better off making your own analysis and predictions.

Dewi Aries

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Quote from: Jody.Drummer on January 02, 2025, 12:18:18 AM

Quote from: Cityhunter34 on January 01, 2025, 04:30:55 PM

As far as I know, gambling itself is not a scam, it's how people approach it that can make it seem that way.

It is essential to view gambling as a form of entertainment rather a means to make quick money, which often lead to significant losses in gambling. By keeping this mindset whenever we gamble, we can minimize frequent losses.

Indeed, some people who consider gambling a fraud are because they are wrong in responding to gambling, such as they think they can get certain profits in gambling so that indirectly it makes them have or put high hopes on gambling and this is what makes them think gambling is a fraud because by thinking they can get certain profits while the most likely thing to happen is losing the money that is bet.
The correct point of view is indeed to respond to gambling as just a means of entertainment, because with this I think there will be no high hopes that we have in gambling, also with this it can prevent major losses because when we put high hopes on gambling it usually makes us experience major losses because we are chasing victory which actually has no way to get it other than luck that is on our side at the right time.

Well that's also what I think which I also strongly believe that one of the reasons why many people assume that gambling is a scam is because they actually do not know and understand properly about what and how gambling really is so they assume or think that losing is a scam, even though rationally it is clear from the start that gambling is about winning and losing, meaning that it can be said that losing is a very natural result.

I agree with the statement you made in your second paragraph that there is no other correct point of view than making gambling a place to seek entertainment, because when we direct our minds to the entertainment aspect then the losses from the losses we experience will not be too painful, so far I think that's all.

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Quote from: Cityhunter34 on January 01, 2025, 04:30:55 PM

As far as I know, gambling itself is not a scam, it's how people approach it that can make it seem that way.

It is essential to view gambling as a form of entertainment rather a means to make quick money, which often lead to significant losses in gambling. By keeping this mindset whenever we gamble, we can minimize frequent losses.

Indeed, some people who consider gambling a fraud are because they are wrong in responding to gambling, such as they think they can get certain profits in gambling so that indirectly it makes them have or put high hopes on gambling and this is what makes them think gambling is a fraud because by thinking they can get certain profits while the most likely thing to happen is losing the money that is bet.
The correct point of view is indeed to respond to gambling as just a means of entertainment, because with this I think there will be no high hopes that we have in gambling, also with this it can prevent major losses because when we put high hopes on gambling it usually makes us experience major losses because we are chasing victory which actually has no way to get it other than luck that is on our side at the right time.

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Quote from: Cityhunter34 on January 01, 2025, 04:30:55 PM

As far as I know, gambling itself is not a scam, it's how people approach it that can make it seem that way.

It is essential to view gambling as a form of entertainment rather a means to make quick money, which often lead to significant losses in gambling. By keeping this mindset whenever we gamble, we can minimize frequent losses.

So that will depend on us, right? But if we see many people out there, they use a wrong approach using gambling where they want to make money from gambling. They don't have limitation playing gambling as they think that they can use more and more money to win.

They must realize about gambling is a form of entertainment and not for a way to make money. That is why we must manage our minds and not let thinks to make money from gambling. We already many bad examples out there so we must really careful using gambling.

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As far as I know, gambling itself is not a scam, it's how people approach it that can make it seem that way.

It is essential to view gambling as a form of entertainment rather a means to make quick money, which often lead to significant losses in gambling. By keeping this mindset whenever we gamble, we can minimize frequent losses.

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Quote from: WatChe on January 01, 2025, 12:12:16 PM

Quote from: $crypto$ on January 01, 2025, 09:27:45 AM

Anyone who will consider fraud against gambling games then it is better not to play if you do not want to lose a lot of money let alone consider this fraud as unreasonable.

Often there are indeed considerations like that, where they make 100x rolls but don't get any winnings at all, usually that person will question the casino is this a scam? Actually this is difficult to explain maybe they are just unlucky.

Stay like a responsible gambler where you will know your limits and also know if you have lost a streak will stop.

There are people who invest in stock and get good profit while there are people who invest in stock and bear heavy loses. The key difference between these two type of investors is that the former understand how stock works before putting his money while the later one invest without any prior work and consider stock a fraud.
It's important that one must understand how gambling works otherwise he will consider it a scam. Gambling is something one can do occasionally, if you can't control your money going into gambling better stay away from it.

This is true, but to understand it you need to play for a few hours and experience winnings and losses, because in theory it is difficult to imagine what gambling does to our brain and emotions. Playing with constant ups and downs of our money account can greatly affect us, which subsequently causes various disorders, and sometimes even depression. It is also necessary to understand how casino owners earn money, personally it helped me a lot in assessing my chances, cutting losses and not getting too upset when I lose, if they happen.

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Quote from: lovesmayfamilis on January 01, 2025, 05:35:34 AM

Quote from: madnessteat on December 31, 2024, 05:44:38 PM

In fact, it is not so difficult to protect your money from scammers - you just need to choose a gambling site not by promotions and enticing phrases of marketers and proceed in your choice from the reputation and time of work of the gambling platform. Even if a newcomer looks at the signatures of forum users with a good reputation, he can easily protect himself from scammers. You just need to be careful and spend a little time on your own analysis.

I agree. However, if we imagine a situation where people do not know about this forum, then the probability of falling into the clutches of scammers is very high. In addition, those unimaginable bonuses that casinos sometimes offer, along with bright advertising and fake statistics of frequent wins, will be very good bait for beginners. And as a rule, people begin to analyze more and doubt only after receiving their own bitter experiences.

I think that regardless of knowing the forum or not, it's actually the same because those who are on the forum also when they are not careful in choosing and just randomly try the site the situation will still be the same where the potential of being deceived will be very high.

Now the most important thing is how we are careful and selective in choosing including the sites we play. Being on the forum is still beneficial because we have several references to sites that are safe and comfortable to play but on the other hand when we get off track and try new sites that are not very clear then everything is the same because the situation where vulnerable fraud will be very large for them.

For some gamblers sometimes always want to try that regardless of whether they already know there are safe sites or not but not all of them are like that where most (including me) when they are comfortable with one gambling site, they will stay and play on that site.

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Quote from: Obari on January 01, 2025, 03:32:01 AM

Quote from: Dewi Aries on December 31, 2024, 06:05:22 PM

NO, in my opinion gambling is gambling and fraud is another thing, although I understand that in gambling the fraud scenario is still possible to happen, but in any case losing in gambling does not mean because you are cheated, but because that is how gambling should be, or it can also be said that winning and losing is a very natural result in gambling, and when you experience more losses in a row then you assume that the casino is cheating you then clearly that is a big mistake in thinking, because no matter how big the loss in gambling is, it is caused because you are far from lucky and also because you cannot control your gambling activities such as not setting any limits so that in the end you fall into and lose a lot of money.

Gambling can be scam when you're not winning. But when hitting profits, you're absolutely happy. I've encountered losses and profits in gambling. The system have been designed to lure us into heavy losses but more we learned something new in the system. I know it's never consider an easy task to gamble but with tactics, one could easily noticed weaker spots. Experience is important in gambling because if he is pessimistic to break heights in the space, there are quite certain sectors he should avoid and also get acquainted with. Before indulging in gambling, one must have two things in mind, either a win or lose to be possible game outcome. Gambling have been surrounded to be major source of huge loss.

Yes, but winning and losing are natural in gambling and it cannot be interpreted that when you lose you have been cheated by the casino, that is a big misunderstanding, because after all gambling is an activity that involves money, opportunities and risks, so besides you can win but you can also lose. In my opinion, gambling is divided into two, namely the first is based on luck and the second is based on skill and a little luck like sports betting, but when you apply tactics or strategies to the type of casino game then it is useless because it will not affect the results, experience is important but that is also only when we talk about the type of skill-based gambling because there is statistical data that can be analyzed to be used as a reference before, the point is regardless of the type of game, losing and winning in gambling is a natural thing.

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Quote from: $crypto$ on January 01, 2025, 09:27:45 AM

Anyone who will consider fraud against gambling games then it is better not to play if you do not want to lose a lot of money let alone consider this fraud as unreasonable.

Often there are indeed considerations like that, where they make 100x rolls but don't get any winnings at all, usually that person will question the casino is this a scam? Actually this is difficult to explain maybe they are just unlucky.

Stay like a responsible gambler where you will know your limits and also know if you have lost a streak will stop.

There are people who invest in stock and get good profit while there are people who invest in stock and bear heavy loses. The key difference between these two type of investors is that the former understand how stock works before putting his money while the later one invest without any prior work and consider stock a fraud.
It's important that one must understand how gambling works otherwise he will consider it a scam. Gambling is something one can do occasionally, if you can't control your money going into gambling better stay away from it.

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Quote from: lovesmayfamilis on January 01, 2025, 05:35:34 AM

Quote from: madnessteat on December 31, 2024, 05:44:38 PM

In fact, it is not so difficult to protect your money from scammers - you just need to choose a gambling site not by promotions and enticing phrases of marketers and proceed in your choice from the reputation and time of work of the gambling platform. Even if a newcomer looks at the signatures of forum users with a good reputation, he can easily protect himself from scammers. You just need to be careful and spend a little time on your own analysis.

I agree. However, if we imagine a situation where people do not know about this forum, then the probability of falling into the clutches of scammers is very high. In addition, those unimaginable bonuses that casinos sometimes offer, along with bright advertising and fake statistics of frequent wins, will be very good bait for beginners. And as a rule, people begin to analyze more and doubt only after receiving their own bitter experiences.

I agree. Most people really start to think about the safety of their funds only after they have a negative experience and this applies not only to gambling.

Another good option not to encounter fraudsters in the field of gambling is to choose a gambling platform based on the reviews of people you know who have been gambling for a long time.

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Quote from: Japinat on January 01, 2025, 06:20:13 AM

That is why we should never go for anything questionable or suspicious sites. We often get caught by scam sites because we fall for their sweet promises, especially when talks about high rewards. If not mistaken, the sites offering the biggest payouts are usually the ones that turn out to be scams. Honestly, if we just stopped fooling ourselves, I'm certain that we will not fall into these traps. Unfortunately, greed caught us, and despite all the red flags and past experiences, so many people still turn a blind eye and fall for the same tricks.

Whenever an offer becomes too good to be true, it calls for so much of been careful, we cannot be carefree seeing that an offer is just unnecessary too good, it's actually a technique to attract more persons so they get as much victims as possible and make as much money as possible but if you pay attention to details, most likely you may not turn out their victim because you get to understand certain offers as been almost not possible except they intend to scam anyone who eventually signs up to get such offers.

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Quote from: danherbias07 on January 01, 2025, 09:40:39 AM

That happened to me a lot of times when I felt like the online casino was cheating but when I understood about the house edge, RTP, RNG, and every algorithm there is, that's when it made a lot of sense.
They are not cheating especially the reputable ones but there's an algorithm that we cannot get yet when we are experiencing a losing streak. That's why it takes a lot of spins in slots before you get that high multiplier but there are gamblers who get lucky at their first 100 tries and get a max multiplier all of a sudden. That just means they opened that game at the right time and it could happen to anyone.

Actually, on slot game you can’t guarantee fairness since they are using close source code unlike the house game that use provably fair system which you can verify yourself the fairness of the result.

We only rely on the reputation of the game provider for the fairness of the game. But overall real gambler knew that casino games has a house edge which means chance of losing is high compared to winning that’s why we can accept easily the losses instead of doing some baseless accusations like this thread.

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Quote from: DaNNy001 on December 31, 2024, 03:51:55 PM

Quote from: Fortify on December 31, 2024, 03:28:15 PM

Quote from: uche6215 on November 23, 2024, 04:48:32 PM

Hi guys let have your view on this questions because only real gamblers will understand what I mean?
Is Gambling with your hard earned money Worth it because I have come to the conclusion that gambling is a scam

Gambling is not a scam and in fact is completely upfront about the odds that you will get from playing. However there are two weaknesses in the human psyche that most people will suffer from, the first is that you see the odds of 96% return to player and miscalculate them - your brain thinks it's over a gaming session, but the reality is your wallet will deplete at an average rate of 4% per spin (if we use a simple casino slot game example). The second fact is that most people are just plain greedy, they think after hitting a large win or two, that somehow they will get on a streak or be that one in a billion player who hits a $50k jackpot, but only realize 10 years later that they have sunk in a small fortune after getting hooked.

It's an inbuilt features when it comes to human thinking that a big win can get them that fantasy win that they have either heard other gamblers saying or seen someone close to them have experienced. Most of the time , the ability to just foresee wins is the only mentality that plays on the mind of a wild gamblers.

Dreaming or aiming to expereinced the same thing keeps pushing gambler to keep on playing not realizing the risk that they are taking, though it's not everyone have that same fate, but inside the minds of those gambler, just one big luck it will change everything, their finances will be cover and they will have a better life if in case they hit the jackpot.

We can't remove that reality as there are many addicted gamblers who become greedy after tasting some decent winnings, they think that it's always possible if luck permits them to win.

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Quote from: danherbias07 on January 01, 2025, 09:40:39 AM

Quote from: $crypto$ on January 01, 2025, 09:27:45 AM

Anyone who will consider fraud against gambling games then it is better not to play if you do not want to lose a lot of money let alone consider this fraud as unreasonable.

Often there are indeed considerations like that, where they make 100x rolls but don't get any winnings at all, usually that person will question the casino is this a scam? Actually this is difficult to explain maybe they are just unlucky.

Stay like a responsible gambler where you will know your limits and also know if you have lost a streak will stop.

That happened to me a lot of times when I felt like the online casino was cheating but when I understood about the house edge, RTP, RNG, and every algorithm there is, that's when it made a lot of sense.
They are not cheating especially the reputable ones but there's an algorithm that we cannot get yet when we are experiencing a losing streak. That's why it takes a lot of spins in slots before you get that high multiplier but there are gamblers who get lucky at their first 100 tries and get a max multiplier all of a sudden. That just means they opened that game at the right time and it could happen to anyone.

Understanding algorithms is difficult, one might not be able to prove it.
Gambling is part of the business, if they are caught cheating, their reputation will be destroyed.
And actually every luck is always different, therefore gambling for pleasure let alone expecting victory will be difficult to get the maximum multiplier.

Topic: Is Gambling a scam (Read 3453 times)