Is Gambling a scam - page 19. | Bitcointalksearch.org

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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

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.

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Quote from: AGULIS on December 31, 2024, 10:27:22 AM

Gambling can be seen as a scam when it’s used as a means of earning money, as the odds are designed to work against the individual. The best approach is to treat gambling as a form of entertainment, never betting more than you can afford to lose.

Is this really true? When we gamble, if we take gambling as a means of earning money, will it be a scam? In this case, I cannot agree with you. No matter how much we say that gambling is a means of entertainment, there is still the hope of earning money here. Even though people say it with their mouths, there is a greed to earn money in their hearts.

Some gamblers may lose their money or develop gambling problems due to their own mistakes, which is why they blame the casino platforms. If you look closely at those who consider gambling as a scam, you will see that their own mistakes are revealed. However, it is right that gambling should always be considered as a means of entertainment, no matter how much we are greedy for making money.

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Quote from: yahoo62278 on November 23, 2024, 04:59:23 PM

Can some casinos be scammers is what your real question should be. Is gambling itself a scam? No, but it's not meant to be an instant money making machine. If it were then no casino would be open. Some people win and some lose, simple as that.

You might look at the games you play and decide if the games you play are good odds for you or bad odds. Some games have better odds like poker for example. In poker your skill level can give you an advantage vs other players. Blackjack is also fairly close to 50/50. If you play blackjack by the book, you have a 42% probability of winning. Baccarat is 44-46% chance of winning. Use google and find the odds on the games and decide what game you have the best chance of winning.

Gambling isn't a scam but I can say that some casinos are actually a scam and that should be the topic of discussion. There have been cases where some casinos refused to pay out the users win, using network fluctuations as an excuse. This is why you shouldn't make use of any casino you are not sure of or casinos without good reviews. Gambling itself isn't a scam because you are not being forced by anyone neither were you promised to have a guaranteed win. You should be responsible for every risk you take instead of trying to blame the casino or sportsbook for your losses.

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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?

Gambling with your hard earn money is not good or will I say it's not advisable. It has Been said repeatedly that people should gamble with what they can afford to lose, and it should be a spear money not a money mean for other things because using a hard earn money may trigger you to gamble and win untill you lost them all instead of winin.

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

I have come to the conclusion that gambling is a scam

Gambling is not really a scam as you said it, but a game to try luck. because no one is forced too it. It was only introduce for people to try luck and no making it a priority.

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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

It has existed for centuries, alot of people gamble for the fun of it not for the money so it depends on your mindset if it's a scam.. remember here that no one is forcing you to sign up on a casino or a betting site and place your bets. It's a voluntary thing you have chosen to do.for the fun of it, so your risk is all on you. Comparing it to scam is wrong as scam is something you were deceived to do and end up losing. So yea, gambling is not scam it's something you do at your own will...

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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

You have only called gambling a big scam because you’ve tried it several times to cash out big from it and it’s not working. Just because you’re not lucky on something doesn’t mean it is a scam. You can only call something a scam if you’ve won and you’re been denied a payout of your win, but generalizing it as a scam is not even worth it at all. If gambling does not pay you as you expect, it is rather you try look for other means to make money from. It was never invented to help you escape poverty but rather to take from you. So if the luck doesn’t fits you in gambling, you should look for other areas you can take part in and make money, no one forces others to gamble and it’s just as a means of fun for some people that engage in it.

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Quote from: ? on December 31, 2024, 07:20:15 AM

Calling gambling a scam is a strong word because you were not been forced to play, either you win or lose it was not rewarded that you most win it has no 100% guarantee that you will win and mind you people bet on dadly basics.
Casino is one of the biggest betting platforms were people stakes high bet on

This is why instead of calling gambling a scam we refer to it as a game of luck. It's more soothing to call gambling a pure game of luck rather than just saying it's a scam. No body is scammed. You are either lucky to win or unlucky to lose. Whenever you're lucky to win, you won't call gambling a scam but whenever you are unlucky and lost your game that's when many people refer to gambling as a scam. But in a sense of humor, gambling isn't a game of scam rather a pure game of luck.

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Quote from: AGULIS on December 31, 2024, 10:27:22 AM

Gambling can be seen as a scam when it’s used as a means of earning money, as the odds are designed to work against the individual. The best approach is to treat gambling as a form of entertainment, never betting more than you can afford to lose.

I disagree, though. Even if someone approaches a casino with the intention to try to earn money (perhaps because that person believes to have extraordinary good luck) casinos are mostly regulated and one can figure out how high the house edge is against all gamblers...
Something being a scams would imply there is deceit against all gamblers, which is not the case with the biggest, most reliable and regulated/probably fair casinos within this industry.

It is a personal choice whether we decide to be responsible and treat a casino as a source of entertainment or become degenerate and try to make money off our sessions on those same casinos.

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Quote from: ? on December 31, 2024, 07:20:15 AM

Calling gambling a scam is a strong word because you were not been forced to play, either you win or lose it was not rewarded that you most win it has no 100% guarantee that you will win and mind you people bet on dadly basics.
Casino is one of the biggest betting platforms were people stakes high bet on

You arent that forced to play in the first place and those people who do call it a scam is into those people who had been that believing that they can be able to win up that huge on gambling on which it is really just that too laughable into this aspect. Realizations do always come at the end and if you arent that good when it comes to sense out on the things around then you are that prone into bad decisions on which we know that this isnt something that better nor good for you. As long you are dealing with a legit or good site then i dont see any issues for you deal off. Only make use of the amount on which you can afford to lose so that you wont be that becoming too emotional at the moment or time that you will be doing gambling gambling on which expecting too much will lead out to desperation.

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Quote from: AGULIS on December 31, 2024, 10:27:22 AM

Gambling can be seen as a scam when it’s used as a means of earning money, as the odds are designed to work against the individual. The best approach is to treat gambling as a form of entertainment, never betting more than you can afford to lose.

no one suggests gambling with the aim of making money, it is a mistake if they think gambling is something that can make money because in reality gambling is not something that can make money for sure, it's just that people misunderstand by considering gambling as a means to make money, and the occurrence of something bad like losing money is a natural thing to happen, but what is not natural is that they cannot accept the defeat that occurs and have a desire to recover their losses.

Well, the right thing is to gamble with the aim of entertainment, and to gamble with the limits set such as being able to accept the defeat that occurs and not depositing money again at the casino when you have lost.

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Quote from: retreat on December 30, 2024, 10:15:40 PM

Quote from: GiftedMAN on December 19, 2024, 03:35:08 PM

Same here I never see gambling as a scam cause before any engages in gambling they are clearly aware of what they are going into and by right they should be 18 years and above as one of the Tos is rightly stated that one should be 18 years old and above before registering in any gambling company online.

-snip-

People who see gambling as a scam do not understand what gambling really is. They think that gambling is a way for them to achieve long-term success, when in fact it is entertainment for people and cannot be used as a place to make money completely. When playing on a gambling platform, a person must understand the risk that they could lose their money, and they must accept whatever the results are, because from the beginning they were fully aware of playing at the casino.

Now if I don't choose gambling as my full time profession and start gambling without having enough knowledge about gambling and lose money in no time then naturally I will consider gambling as cheating.
Gambling is not really about betting certain amount of money and getting a return of multiple times that amount. Gambling is both about luck and skill. If a gambler has good luck and if he applies his skills well, he can often win huge sums of money from gambling. It is wrong to think that just because some gamblers win big sometimes, everyone else will win big if they gamble. I think people who have this idea about gambling are the ones who consider gambling as a scam.

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Quote from: 348Judah on December 19, 2024, 04:54:17 PM

Assuming gambling is a scam, all of us would have left it and go for something else that is not it, the more we keep making it knownn to many that gambling is a form of getting entertained by wjat we like doing most in our leisure time, not to also right about the way it has been generating income for many, when we know what we are doing and how we are into it, the entire thing will be more done conveniently by is because we are having a better understanding of it from gambling.

Gambling is scam! There is no truth to it and it is a completely baseless criticism because gambling is a business from which a gambling establishment makes a lot of money. No one is forcing you to gamble and it is personal to everyone. Moreover, gambling is legal under the laws of many countries, so there is no possibility of it becoming a scam. When you are participating in a bet and there are lots of people participating in the same bet. So not everyone will win from that bet and only a few people will win there. Those who lose will share the money of the gambling site owner. It should be easy to understand that there is no way to scam where there are many sources of money.

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Quote from: eisen33 on December 31, 2024, 06:35:17 AM

Quote from: retreat on December 30, 2024, 10:15:40 PM

People who see gambling as a scam do not understand what gambling really is. They think that gambling is a way for them to achieve long-term success, when in fact it is entertainment for people and cannot be used as a place to make money completely. When playing on a gambling platform, a person must understand the risk that they could lose their money, and they must accept whatever the results are, because from the beginning they were fully aware of playing at the casino.

And they may also think so because every time they replenish their bankroll, they end up losing it, then they develop the idea that it is impossible to win in gambling, and if they only play slots, then I can even understand such players, they may think that the casino is cheating and does not give players the opportunity to win. Maybe with bets things are different, because winnings happen there much more often, but it is still difficult to increase your deposit.

Winning as a gambler is based on our mentality because if we believe that we can never make money when gambling, we would not.
Being a successful gambler is not by not buy our strength but every input all together. There are gamblers that will make money today and lose all in the next hours or few days because they are not focused. A gambler need to be focus and know what they want and what they are looking for. Planning and risk management all together will determine wether we are going to be making money as gamblers or not.
It is also true that not everyone that will make money from gambling and we should be aware of that.

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It wouldn't be right to call it fraud, but especially if you are gambling with machines, you need to know that the machines are set and make the gambler money after a certain number.
In sports betting, if there is no adjustment in the matches (intervention that will affect the score or results), we can't call it fraud there either.
Many people who gamble should play for the excitement and should know that they will most likely lose.
I don't remember anyone who made money from gambling and became rich.

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Gambling can be seen as a scam when it’s used as a means of earning money, as the odds are designed to work against the individual. The best approach is to treat gambling as a form of entertainment, never betting more than you can afford to lose.

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Quote from: retreat on December 30, 2024, 10:15:40 PM

Quote from: GiftedMAN on December 19, 2024, 03:35:08 PM

Same here I never see gambling as a scam cause before any engages in gambling they are clearly aware of what they are going into and by right they should be 18 years and above as one of the Tos is rightly stated that one should be 18 years old and above before registering in any gambling company online.

-snip-

People who see gambling as a scam do not understand what gambling really is. They think that gambling is a way for them to achieve long-term success, when in fact it is entertainment for people and cannot be used as a place to make money completely. When playing on a gambling platform, a person must understand the risk that they could lose their money, and they must accept whatever the results are, because from the beginning they were fully aware of playing at the casino.

I am sure what you said is true, some people who consider gambling a scam are those who think that they can be successful by gambling which can make them get big profits, while in fact gambling is not like that because this is a business so visitors are likely to only experience defeat rather than victory and for those who consider gambling as a way to succeed are people who misunderstand gambling. Because in fact gambling is just a means of entertainment that can be said to be a game for rich people but it is a serious matter for poor people, because many people gamble in the hope of getting a big win so that their lives become more comfortable with everything being sufficient. Unfortunately instead of wanting to get profit they only get problems, but that is also the consequence of their wrong response.

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Calling gambling a scam is a strong word because you were not been forced to play, either you win or lose it was not rewarded that you most win it has no 100% guarantee that you will win and mind you people bet on dadly basics.
Casino is one of the biggest betting platforms were people stakes high bet on

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Quote from: retreat on December 30, 2024, 10:15:40 PM

People who see gambling as a scam do not understand what gambling really is. They think that gambling is a way for them to achieve long-term success, when in fact it is entertainment for people and cannot be used as a place to make money completely. When playing on a gambling platform, a person must understand the risk that they could lose their money, and they must accept whatever the results are, because from the beginning they were fully aware of playing at the casino.

To put it bluntly, few people consider gambling as just entertainment, most people go into gambling thinking that they can make more money. Honestly, there is nothing wrong with that but we need to control ourselves, know when to stop and accept whatever outcome may come. We need to know that the higher the profit, the higher the risk and making money from gambling is largely a matter of luck. If we don't make money, it's because we're unlucky, not because someone cheated us.

Those who still insist that gambling is a scam, it shows that they do not want to admit their mistakes and will blame anyone who affects their interests, not just gambling.

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Quote from: retreat on December 30, 2024, 10:15:40 PM

People who see gambling as a scam do not understand what gambling really is. They think that gambling is a way for them to achieve long-term success, when in fact it is entertainment for people and cannot be used as a place to make money completely. When playing on a gambling platform, a person must understand the risk that they could lose their money, and they must accept whatever the results are, because from the beginning they were fully aware of playing at the casino.

And they may also think so because every time they replenish their bankroll, they end up losing it, then they develop the idea that it is impossible to win in gambling, and if they only play slots, then I can even understand such players, they may think that the casino is cheating and does not give players the opportunity to win. Maybe with bets things are different, because winnings happen there much more often, but it is still difficult to increase your deposit.

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Quote from: retreat on December 30, 2024, 10:15:40 PM

Quote from: GiftedMAN on December 19, 2024, 03:35:08 PM

Same here I never see gambling as a scam cause before any engages in gambling they are clearly aware of what they are going into and by right they should be 18 years and above as one of the Tos is rightly stated that one should be 18 years old and above before registering in any gambling company online.
-snip-

People who see gambling as a scam do not understand what gambling really is. They think that gambling is a way for them to achieve long-term success, when in fact it is entertainment for people and cannot be used as a place to make money completely. When playing on a gambling platform, a person must understand the risk that they could lose their money, and they must accept whatever the results are, because from the beginning they were fully aware of playing at the casino.

If they think like that, they don't have playing gambling and stay away from gambling. No one ask them to playing gambling instead they decide by themselves so when they say that gambling is a scam, that will be their mistake so they must leaves gambling forever. There is no point they still stay in gambling because they can say the same thing like that so they can choose the other things that can gives them pleasure which is not makes them feels that is a scam.

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