Topic: Is Gambling a scam - page 11. (Read 5731 times)

Gambling is a fun activity done consciously by the gambler, no one forces you to do it, it's a personal decision made by those who engage in it. Gambling is only a scam when you get defrauded by a casino or sportsbook. A friend of mine told me about how his account got swiped by a scam casino. According to his story he said that he put in his card details to deposit money, after doing that he started noticing that he was being debited by an anonymous source constantly, he had to transfer the money he had left to another account, in this case you can call it a scam. No one is promising you a win, it's 50/50 and everyone is aware of this risk before placing a bet.

Not actually a scam but more on how you can handle the risk that you'll going to take as you mentioned casino have the advantage and it was design to make money for the owners, though in some situation where lucky gamblers manage to win decent amount, but with the loads of those gamblers who lose their money that can be covered and casino still got that edge against those many gamblers who are using their services.

You are very wrong about this, gambling is not a scam and nothing can change that. If people are using gambling to scam people, it is another different issue, and I've never seen a way of making money that people have not been used to scam people. Be it investment and trading (Crypto/Traditional), or even banking, all are being used to scam people. Now tell me, are they scams in the real sense? I guess not. Even if a casino scams you, that casino is simply the "bad egg" among those in the gambling business, this doesn't make gambling itself a scam.

Hmm that's natural because after all casino games do depend on your luck when running a session, on the other hand about defeat it's not because you were cheated by the casino but because you were far from luck, for me fraud in gambling is when you experience a problem outside of the results at the end of the game, such as problems with your deposit not being credited or your winnings not being paid.

On the other hand, the experience gained by a gambler after losing in my opinion cannot be used as a reference that you will often win next, because after all you never know why you lost at that time especially when you are involved in a type of casino game, luck can never be learned, meaning that you will never be able to avoid defeat as long as you are still involved in this activity, what you can do is make all your actions more minimal, in the sense of limiting every decision and budget amount.

Right, and that is the reason why many people say that the ability to stop at the right time is very important and must be possessed by a gambler, none other than because only with that ability will we be able to enjoy the results of the victory that we get instead of applying greed and ending in regret.
I am not saying that by applying greed you will completely lose because it also depends on how lucky you are at that time but what is certain and what we must understand is that the possibility of defeat will always be part of the end of the game.
But it is also up to you, meaning it doesn't matter if you want to apply greed but on the condition that you must really be able to accept the consequences.

this is the thing
the only way to win over the house is if you leave when you're up
then how much up it's up to you deciding
greed is usually an enemy that will get many people

this is like a muscle that you have to exercise to know when the timing is correct, maybe like dance

They must learn many things about gambling so they can not easily saying that gambling scam them and makes them loss too much money. Yes, that sounds very funny if those people saying about that but maybe that is a common thing that some people will do when they lose in gambling. They don't think much about gambling will not gives them the win easily but will takes all of their money. They must realize that playing gambling will have two option which is win and lose and if they lose, they don't have to say that gambling is scam them but accept the result. The only thing that can scam them is the casino so they must choose the casino that have good reputations.

Actually gambling really involves luck in terms of winning or losing, it's just that many people think that it will be easy for them to win and this is what I think happens where in reality victory is not easy to get but they still force themselves to win until when they experience defeat they don't accept it and then call gambling a fraud, hahaha this is ridiculous but this is the reality and indeed what often happens is something like this.
Those who feel that they have been cheated by the casino I think they don't understand the true meaning of gambling, they only think that when they gamble they will get profit, and don't think that defeat is the most common thing that will happen compared to victory or profit. They must be able to realize that they are not being cheated but they are the ones who make themselves assume that gambling is a fraud.

Especially in casino games I tend to rely on luck. For example in betting there is an opportunity to choose the best team and where experience is valued but I will blame most of the wins in the casino on luck. In gambling you may have a tendency to blame the bookie for a one sided loss which is usually a scam but sometimes winning is motivated by the desire to win.
As you said the experience that gamblers gain after losing helps them to be especially experienced in winning in the future and to win in the long run. However you should not give priority to luck for every win and be proud of your experience because luck is mostly responsible in gambling. Yes, most casinos can cheat you through manipulation but choosing the right casino site that increases your chances of winning.

Yes that's it and it sounds very funny to me lol, because after all gambling is an activity about winning and losing that comes alternately and we never know whether we will win or lose and that's what is meant by a game of luck, and when they assume that when they lose it means they are cheated by the casino then maybe I would say that they are nothing more than a loser because they only want to win but when they lose they are not ready to face it. In the end, of course it sounds very funny if for example there is a gambler who assumes that they have been cheated by the casino just because they experience defeat.

When they win they will say they are lucky but when they lose they will say that the bookie has manipulated the game so the mindset of gamblers is like that they say what they think is right and the fact is gambling is just a game that relies entirely on luck and is full of uncertainty if you lose then someone else wins but when someone else loses you will win so there are times when you feel lucky and also lose there is no gambling that is completely profitable.

Basically, the advantage of the casino is a fact that can never be disputed, in the sense that no matter how hard the gamblers try to pursue victory, in the end they will still lose more than win because after all everything has been arranged by the system, especially when we talk about the type of casino game that really depends on luck or it can also be said that in the end it is still the casino that will get more profit than the gamblers, in the scenario usually the casino will first give one win and after that it will make the gamblers lose several times with the aim of taking back the amount of winnings that were previously obtained by a gambler, and yes you are right with your last statement that there is only one thing that can be done by gamblers, namely taking advantage of every situation such as when they win and then cash it in, but yes it is a fact that saying it is always much easier than practicing.

You are right, those who call gambling a scam are the ones who suffer the most losses. Every gambler uses their own tricks to fool the gambling algorithm, when they fail to do that and keep losing repeatedly, they call gambling a scam. People who gamble only for fun never think so. the same person calls gambling a scam when he loses gambling but praises gambling when he wins and these are the gambling addicts who express it from their emotions.

yes, from a long enough timeline too the house will keep their edge and you lose all your money
this is the game
you can try to turn the tables around by leaving while you are on top but this is much easier said than done, as usual

in gambling (at least in my opinion), a pool of money is created for every match you bet on. all the bets placed on that match are collected in this pool, and when the match ends, most of the time, the entire pool does not return to the users. the intermediary takes their share from the pool and distributes the remaining amount to the winning users based on the predetermined odds.

now, we need to look at this pool from two perspectives, which we can call a holistic view and an individual view.

from a holistic perspective (as i just explained), the house will almost always retain a portion of the money. this means that not all the money bet by all users will return to them. looking at it this way, and considering that every player is part of the pool, we can say that on average, you will lose money, and in that sense, gambling can be seen as a scam.

however, we also need to consider it from an individual perspective. there will always be those who consistently contribute money to this pool in regular amounts and, thanks to their extensive experience and analysis over a long period, manage to profit in the long run. yet, this does not change the overall average.

in short, if you are not one of those highly experienced or exceptionally lucky gamblers, you will inevitably lose money in the end. however, if you manage it well, you can still turn a profit.

Those who call gambling a scam are definitely the effect of their losses, because as you said, if gambling is just a game that relies on luck to win like slots and lotteries, while sports betting, poker and other card games require a combination of skill and luck to conquer it, so we can't see it as a scam even though the casino is actually designed to profit from every gamble we play, I think maybe in this case, the OP has had a bad experience on a site that commits fraud but instead equates it with the gambling category that exists today.

Now I understand that I shouldn't have played slots, where the chance of winning is never noticeable. I should have done something much simpler - play dice with small stakes and then I would have definitely received at least half of the winnings, $ 50. And now I always do this. And I have already repeated many times that it is strange for me that when entering the slots, the Casino does not give the gambler a set of game conditions, where you can see the chances of winning. Based on this, we can assume that the chances there are very small, and only those who are very lucky win. And the ratio of "losers of the entire deposit" to "winner" is very unfair. Therefore, it is better to choose games with transparent mathematics.

For gambling itself, in my opinion, there is no fraud because basically this is a business in the form of a game, so casino owners also have the goal of seeking profit, so the number of players who experience defeat is a natural thing, although there may be some casinos that cheat too, but not all casinos are frauds. And as you said in the sense that it can be used to deceive people, this can happen to people who seek profit in their own way that involves gambling. For example, like those who sometimes offer tempting wins with a money back note if they fail to win, this is sometimes done by the casino itself but players can't do much other than accept it, what is clear is our own perception that concludes that gambling is a fraud and those like this are people who seek profit in gambling.

Well that's true, meaning it all comes back to how someone views gambling and what they are looking for from the activity, like the gist of your statement that if for example a gambler comes with the aim of earning money then when they lose they will assume that the casino has cheated them, or vice versa. But that's also if for example the fraud they mean here is when they often lose and it's hard to win, because in gambling there are still many other scenarios that can also be considered real fraud but not about the results at the end of the game because clearly winning and losing are natural things, and something that I think is quite reasonable to be considered fraud in gambling is when the casino doesn't pay the winnings you get, that's all.

sometimes it can be a scam in the sense that it can be used to scam people
like in these old famous schemes "send 1 and get 2" that still make people fall for it nowadays
and you are right to think that not everyone involved in gambling is bad, there's bad people and good people on it.