Is Gambling a scam - page 16. | Bitcointalksearch.org

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Quote from: TelolettOm on January 04, 2025, 06:59:22 PM

Yes, ideally people assume the gambling is for fun only. They don't think so much to earn a lot of money from gambling. However, we can't force people to have the same point of view. There will be always some people who are chasing the wins. Even there are people who expect to be rich people from gambling. It is not something new in gambling, we already know it for many years.

We all view gambling differently. We all play it differently as well. I honestly don’t think it’s wrong for someone to gamble for profit as long as they know the risks and possible consequences. As long as they know they’ll lose the game and lose their money. It also just depends on what kind of games you’re trying to win at. If you’re chasing wins at a slot machine, it’s kind of pointless and you’ll be losing money if you keep trying forever.

But if that is what you want then go ahead. It’s not my money at the end of the day. The best we can do is inform these people in case they aren’t aware of the risks yet.

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Quote from: Pandu Geddon on January 04, 2025, 10:30:59 AM

Gamblers who start to get frustrated with their losses will start to think like that. There is financial pressure and maybe also social pressure that is obtained when gamblers have lost all their money and start to bother family, coworkers, and friends.
Casinos may be fraudulent, but not all casinos are like that. We see some bad casinos even in forums. Gamblers who accuse casinos of fraud after their losses may be depressed. Such gamblers need assistance to calm their minds again.

That is what happen to them if they losses too much money because they will difficult to fills their daily needs and they can lost all of they have. They will think that the casino fraud them until they lost all of their money but that is their own mistake that don't understand gambling is just for fun.

They really need to take a rest for a while and think of their mistake so they can rise to solve every problem that they started. It needs awareness from those people so they can try to solve their problems.

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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.

It means those people are disappointed because they lost money, then they call gambling as a scam. I think it is the point that you want to explain, right?
Well, they are spreading misleading information about gambling. Although there are scam casinos but not all casinos are scams. It is very unfortunate that there are people with very bad mentality.

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

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.

Yes, ideally people assume the gambling is for fun only. They don't think so much to earn a lot of money from gambling. However, we can't force people to have the same point of view. There will be always some people who are chasing the wins. Even there are people who expect to be rich people from gambling. It is not something new in gambling, we already know it for many years.

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Quote from: Bitcoinsummoner on January 04, 2025, 02:40:30 AM

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

I can't be called Gambling a scam. Gambling is the tarp of losing your property. If a gambler is addicted to gambling then he will lose one by one in his wealth and if he is deep in gambling then he will lose his all property and he will go to dust. So one way we can see gambling is a root of a scam or another way some people call it is direct gambling is a scam. But I am totally against them because gambling isn't a scam. It's the root of the scam.

I don’t understand; can you please clarify how gambling the root of the scam? I mean those going to a casino or any place they can gamble already know that they are at the risk of losing their money or whatever it is that they want to wager so I don’t really get why it’s the root of the scam…

It’s just that some casinos have decide to not play fair and cheat their users that’s why people now see it as a scam - if you’re able to find a provably fair casino then you’ll see that there’s nothing scammy about it.

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Quote from: Bitcoinsummoner on January 04, 2025, 02:40:30 AM

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

I can't be called Gambling a scam. Gambling is the tarp of losing your property. If a gambler is addicted to gambling then he will lose one by one in his wealth and if he is deep in gambling then he will lose his all property and he will go to dust. So one way we can see gambling is a root of a scam or another way some people call it is direct gambling is a scam. But I am totally against them because gambling isn't a scam. It's the root of the scam.

Though, I don't truly understand what you mean with "root of the scam" when you associate such a term with gambling and casinos though. Do you mean people losing all their money are more likely to commit fraud in the form of internet scams in order to continue to gamble their money? If so, people losing all their money is not something which is inherently and exclusively associated to gambling and casinos, there are many who have lost much money in the stock market, in the real state market and even trading in volatile markets like Bitcoin/USDT spot. None of those things have anything to do with gambling.
Gambling is not a scam because the casino is clear with the rules and their intention to win money from gamblers from the beginning, In the case of Stake, they have an entire section on their webpage dedicated to responsible gambling and they make emphasis that each deposit is supposed to be treated as "lost money", for the sake of entertainment.

So what does "root of scams" even mean to you in this context?

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Quote from: Jody.Drummer on January 04, 2025, 02:07:06 AM

Quote from: Dewi Aries on January 03, 2025, 02:50:20 PM

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.

Well that is the right statement do not make defeat as a reason to say gambling is a fraud because defeat is something that is clear that it will definitely happen, also as you said there is no coercion for them to gamble when they want to gamble then that is where the desire from themselves so everything is absolute from their own desires and the defeat that occurs should not be made a problem let alone thought about because there is no sure way to recover the losses that have occurred. Another thing is that people who consider gambling a fraud are those who do not accept themselves experiencing defeat in the gambling they do, and people like this tend to be stubborn, already know they have experienced defeat but still gamble again and again. They must be able to realize that gambling is not a way to earn income and some of the winning videos they see should not be serious.

Well that's the main point because it doesn't make sense to make losing as one of the reasons to assume that gambling is a scam because from the start it's clear that gambling is about two things, winning or losing and yes on the other hand you've said something that I said before that there is absolutely no coercion or even threats from the casino that tell us to always gamble, as you said that everything is absolutely up to the wishes and decisions of the gamblers themselves, so if for example the question is who is to blame then it's clearly the gamblers themselves especially if for example they experience a lot of bad impacts. On the other hand, yes I also agree with your opinion that most likely people who assume that gambling is a scam just because they lose are gamblers who are not ready for defeat from the start, so they seek defense for themselves and maybe the word fraud is the right defense according to them.

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Quote from: EarnOnVictor on January 04, 2025, 10:19:24 AM

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.

People mostly gamble to make money and a tiny few gamble for fun, that is the truth and that is the reason why it makes their lives miserable. If people start losing money consistently, that's when they see it as a scam because they do not know how possible it is to use all theories and possible combinations and still continue to lose.

Well, there can be grievenance in that but if we are sincere to ourselves, no one is scamming anyone, except that the house have an edge. This understanding is important for everyone to conclude on whether they want money in gambling or do it responsibly and for fun.

It is completely out of point for anyone who thinks that gambling is scam simply because they have had so much losses, I must say that it is possible for anyone to think in such direction and this can be fun among those that are still very new in to the system, it is best that anyone coming in to gambling should know that building our psychology in light of expecting wether a winning or loss at every point of gambling will do lots of good to them as regards to not being depressed when things didn't work out as expected, moreso gambling with an amount we can afford to lose will as well help in regards to our risk tolerance.

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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

A casino might be a scam if after you deposit and play you suddenly win a large amount of funds and when it comes to withdrawal you are unable to withdraw what you won and when you report it to their support chat they suddenly lock-up or ban your account from their platform.

But this kind of gambling casino often happens when it is new to this crypto industry in the world of gambling business. so you should know how to choose or read the right casino also op.

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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.

Gambling entirely is not a scam, but it's a casino who offers gambling services that could either be a scam or not depending on their modes of operations just like in the case of 1xbet that we all know if been a popular scam casino. So on the contrary, when I hear people refer gambling a scam after several attempts of gambling and lose their hard earn money, I sometimes laugh for failing to understand the core purpose and best approach for gambling. Because one thing certain about gambling is that casinos will always be at advantage, and as such it's best we gamble responsibly at all times.

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Quote from: traderethereum on January 04, 2025, 07:36:55 AM

What is a scam is the casino while gambling is not a scam. If you don't research the casino, you may end up with a scam but gambling will continue in many casinos. If people realize that, they will not consider gambling as a scam but it is just to entertain themselves by playing so many gambling games. Yes, gambling is a way to lose your money if you are not careful and that can drain your money until nothing is left. But that is not a scam because you decide to play gambling and you lose control over yourself.

Gamblers who start to get frustrated with their losses will start to think like that. There is financial pressure and maybe also social pressure that is obtained when gamblers have lost all their money and start to bother family, coworkers, and friends.
Casinos may be fraudulent, but not all casinos are like that. We see some bad casinos even in forums. Gamblers who accuse casinos of fraud after their losses may be depressed. Such gamblers need assistance to calm their minds again.

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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.

People mostly gamble to make money and a tiny few gamble for fun, that is the truth and that is the reason why it makes their lives miserable. If people start losing money consistently, that's when they see it as a scam because they do not know how possible it is to use all theories and possible combinations and still continue to lose.

Well, there can be grievenance in that but if we are sincere to ourselves, no one is scamming anyone, except that the house have an edge. This understanding is important for everyone to conclude on whether they want money in gambling or do it responsibly and for fun.

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Quote from: Bitcoinsummoner on January 04, 2025, 02:40:30 AM

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

I can't be called Gambling a scam. Gambling is the tarp of losing your property. If a gambler is addicted to gambling then he will lose one by one in his wealth and if he is deep in gambling then he will lose his all property and he will go to dust. So one way we can see gambling is a root of a scam or another way some people call it is direct gambling is a scam. But I am totally against them because gambling isn't a scam. It's the root of the scam.

What is a scam is the casino while gambling is not a scam. If you don't research the casino, you may end up with a scam but gambling will continue in many casinos. If people realize that, they will not consider gambling as a scam but it is just to entertain themselves by playing so many gambling games. Yes, gambling is a way to lose your money if you are not careful and that can drain your money until nothing is left. But that is not a scam because you decide to play gambling and you lose control over yourself.

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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

I can't be called Gambling a scam. Gambling is the tarp of losing your property. If a gambler is addicted to gambling then he will lose one by one in his wealth and if he is deep in gambling then he will lose his all property and he will go to dust. So one way we can see gambling is a root of a scam or another way some people call it is direct gambling is a scam. But I am totally against them because gambling isn't a scam. It's the root of the scam.

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Quote from: Dewi Aries on January 03, 2025, 02:50:20 PM

Quote from: Jody.Drummer on January 03, 2025, 02:42:40 AM

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.

Well that is the right statement do not make defeat as a reason to say gambling is a fraud because defeat is something that is clear that it will definitely happen, also as you said there is no coercion for them to gamble when they want to gamble then that is where the desire from themselves so everything is absolute from their own desires and the defeat that occurs should not be made a problem let alone thought about because there is no sure way to recover the losses that have occurred. Another thing is that people who consider gambling a fraud are those who do not accept themselves experiencing defeat in the gambling they do, and people like this tend to be stubborn, already know they have experienced defeat but still gamble again and again. They must be able to realize that gambling is not a way to earn income and some of the winning videos they see should not be serious.

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Quote from: Jody.Drummer on January 03, 2025, 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.

Topic: Is Gambling a scam - page 16. (Read 5740 times)