Is Gambling a scam - page 27. | Bitcointalksearch.org

nullama

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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 is usually not a scam, if it is all regulated as a normal casino for example.

Of course there might be cases in which there are shady operators and scammers, but in the whole industry, gambling as per the current law, is not a scam.

You get what you pay for basically.

If you throw a dice you will get a number between 1 and 6. That's it. And if you bet on which number will appear, the casino usually will pay you less than 1/6th of your bet amount, which means that the expected return in gambling is negative.

Of course they make it more complicated than that, but that's the reality.

In the simpler cases people tend to not gamble as much, for example if I told you I will pay you 90 cents per dollar if you guess a coin flip correctly, you would probably not gamble... but in the more complicated cases most people just have no idea of the odds, so they just pay to get the hope to win something, but the math is basically the same.

The house has the advantage.

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Quote from: 2Pizza410000BTC on December 11, 2024, 12:14:11 PM

Gambling is not a scam. If you gamble irresponsibly, you will become addicted to gambling. I gamble for entertainment. I gamble only for fun in my free time. I never consider this gambling as a means of earning money. So I will never declare gambling as a scam. You know for sure that gambling is a game of luck. If you win in this game of luck, you will get a lot of money back in one go. And if you lose in this game of luck, you will definitely lose money. If you know this promise, you cannot see gambling as a scam. So you should use the amount of money you can afford to lose for gambling.

It is impossible to rule out the fact that a person can run into a fake casino that will not pay the player any money. I have encountered this more than once. And even now they sometimes advertise such nonsense. The most surprising thing is that people fall for the advertising and can say goodbye to their money once and for all. No one is insured against scammers and you can stumble upon them at any time. Nowadays, there are such technologies that it is incredibly difficult to distinguish one from the other.

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Quote from: GideonGono on December 11, 2024, 06:08:53 PM

For me it isn't a scam it is a risk that most of us took in order to gain profit, whenever we gamble we should be aware that we could lose, don't just focus on gains or profit there are two sides of a coin, we could gain some or lose some.

That is why we must understand that playing gambling have its risk so we must considers how much money we can use to playing gambling. We can not risks too much money just to playing gambling because the chance for us losing all of that money will always be there. We must manage our money and know how much we can use so we don't have to thinks that gambling is a scam and the casino trick and take our money.

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Quote from: Fivestar4everMVP on December 11, 2024, 02:42:54 PM

Quote from: Wakate on December 11, 2024, 02:32:41 PM

Quote from: Nwada001 on December 11, 2024, 12:29:04 PM

Quote from: Ararbermas on December 11, 2024, 02:35:43 AM

people see it scam because of their bad experience wherein without doing any research how they'll able to become successful from it as they all want is an easy win for doing nothing. That's why without hesitation they all saying gambling is a scam .for me my opinion we need to understand them because it means that gambling is not for them. Coz obviously they are lazy people who don't make ways and only rely on other people comments and perspective so it's a waste of time to argue with them to be honest.

Those who expect too much from gambling always end up seeing it as something else when they don't get what they want; it's no longer a new something for us to be seeing such comments from unpleasant customers.

Yeah, I think those who are looking for a fast and easy way of making money are the ones who always end up going all in and getting disappointed; they see gambling in the wrong view, thinking it's as easy as it is being displayed online by those promoters.

Many of the derogatory comments we have been seeing from gamblers are most from newbies that have been eaten by greed if tripling their profits with the believe that they would always win anytime they want. Some might have forgotten that the money they planned to make from a particular bet could be someone's lose and they are so desperate to be making that kind of profit consistently. Once these newbies realized that money they intend to make from betting will always be other gamblers loses, I think that could make them realize that betting is not for everyone. We ought to be prepared for the worse, if not we could start complaining that casinos are cheating us and want to take our money.

Every lion in the jungle hunting is out there to get food to eat, and this usually don't matter to the lion what other animal have to loose his or her life, provided the lion gets food to eat and satisfy his or her hunger.

Applying this to gambling, gamblers, whether an OG gambler or a newbie, usually don't care who loses for them to profit, and this is true because some time, even the gambler in question have lost a huge amount of money, and whoever made profit from that loss (aside from the casino) the gambler does not know.

So, there is nothing to blame or hold even newbies to, even if they realize that money they intend to make from gambling is another person's loss, it doesn't make any difference or changes anything, for in everything including business and trading, someone somewhere is losing while others are profiting, this is how things were designed to work.

You are the ones should really be blamed on the moment that you will really be losing money with gambling because it is really that mainly part of the risks when it comes into this aspect and gambling is really that only good for the sake of fun and entertainment and as long you are dealing up with a legit site then I don't see any problems when it comes to this. Just like on what you have said that loses are inevitable and it's really that important on having that acceptance about it and don't make yourself that being impulsive and trying out to blame things on the wrong way.

If there are winners then there are indeed losers on which the platform will really be needing it to pay it up and that's the good thing or stuff when dealing with legit platforms. Scams will really be only considered at the time or moment that they do made out some shady actions towards into their users or simply talks about locking funds or literally having that non fair odds or results or particularly talks about fairness. People do really call it a scam on the moment or time they do lose up money which usually these words come out into newbies mouth after they do play gambling and bust up all of their capital or bankroll which is the usual case.

SuperBitMan

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Gambling is never a scam, when we talk about scam it means to deceive and defraud someone his or her money, now when it comes to gambling no body is deceiving you there the rules are very clear which is if you predict the outcome of this game correctly you will be awarded but if you don't you won't get any reward, and in other to predict you are required to use money, now is your decision if you will go ahead with it or not.
However if after accepting the terms and conditions you predicted and it came out correct and the gambling company refused to award you as agreed then they are scam.
If there's an atom of deceit then is a scam but if there's not, then you can't call it scam.

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Quote from: GideonGono on December 11, 2024, 06:08:53 PM

For me it isn't a scam it is a risk that most of us took in order to gain profit, whenever we gamble we should be aware that we could lose, don't just focus on gains or profit there are two sides of a coin, we could gain some or lose some.

Rightly said gambling is two sides like head and tail of a coin where if one is lucky one will get profit and if luck is bad one will sit with loss. However, gambling may seem risky and scam for those who are sitting with huge losses, as it happened to me today, especially in the third ODI match between England and South Africa women's team, I bet I bet for South Africa and made a $50 loss. I like gambling before making losses but after losses gambling seems to be scam.

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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 call it a scam because you think gambling is a way to keep earning money. Gambling is not a place to print money, you can win but losing is also impossible to refuse, and if you say gambling is a scam then trading is the same, because you can still lose money because the market changes quickly.
Gambling is not a scam, it's just hard to determine how much profit can be made, so just make this fun so you don't feel scammed.

GideonGono

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For me it isn't a scam it is a risk that most of us took in order to gain profit, whenever we gamble we should be aware that we could lose, don't just focus on gains or profit there are two sides of a coin, we could gain some or lose some.

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Quote from: DaNNy001 on December 11, 2024, 04:23:11 PM

Quote from: Frankolala on November 23, 2024, 04:57:49 PM

Gambling is not a scam because you were not promised to be rewarded after placing your bet. It's only a try your luck game which you are aware of. Gambling is for fun and you are to pay for having fun in a casino but you still have the chance to win back your money or more if you're lucky to your while having fun. Nobody will sweet talk you into gambling, only if you fall for those influencers but the greed of reaping from where you didn't sow is the problem, because you know that the chance of winning your bet is 50-50 and you went ahead.

Gambling is an avenue to take risks so whatever you decide to deposit In your gambling account is entirely up to you, you weren't persuaded or forced to do any of that so it's not a scam. Gamblers are well aware of the risks they take on a daily basis so there's no form of scam involved in it..you went weren't promised anything to begin with...so this is the more reason why you should develop your mentality or way of thinking, the sole purpose of gambling should simply be for entertainment and not to make yourself rich overnight.

Gambling can never be a scam, but if you chose to play in shady casinos, you are highly susceptible there to get scammed. However, losing your hard-earned money just because you want to get rich quick in the process, still that won't considered a scam, but if you continue to gamble without caution, there is high chances that you will get scam because of uncontrollable greed you are feeling.

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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

Normally gambling can never be a scam, once you gamble responsibly you would enjoy it with fun. While most people's normally have that feeling is because of the way they gamble, at least as a good gambler once you noticed that you are losing too much in gambling you are supposed to take a break and have plans for your self. because as long as gambling is concerned chasing after losses is the most dangerous thing that will lead someone into addiction.

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Quote from: 2Pizza410000BTC on December 11, 2024, 12:14:11 PM

Gambling is not a scam. If you gamble irresponsibly, you will become addicted to gambling. I gamble for entertainment. I gamble only for fun in my free time. I never consider this gambling as a means of earning money. So I will never declare gambling as a scam. You know for sure that gambling is a game of luck. If you win in this game of luck, you will get a lot of money back in one go. And if you lose in this game of luck, you will definitely lose money. If you know this promise, you cannot see gambling as a scam. So you should use the amount of money you can afford to lose for gambling.

I don't think gambling is scam because people are winning and if anyone should fall in line and they are able to win, the only people I see with gambling is the issue of addiction, some people are not able to control there self and that is the issue because the intrest is making money so this are part of reasons why they will do everything possible just for them to make money, and the moment you take gambling that way that is the beginning of more problems there people that even see it as a source of income which is very wrong and we all know how gambling works there periods that you might get lucky and there are periods that you won't get lucky at all, and with this kind of mindset that people have they are always losing money so it will be better for them to set there mind right and most people know that they can not help there self so it is better for them to speak out when it gets to that period were help is seriously needed, it is better to speak out, and get help.

DaNNy001

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Quote from: Frankolala on November 23, 2024, 04:57:49 PM

Gambling is not a scam because you were not promised to be rewarded after placing your bet. It's only a try your luck game which you are aware of. Gambling is for fun and you are to pay for having fun in a casino but you still have the chance to win back your money or more if you're lucky to your while having fun. Nobody will sweet talk you into gambling, only if you fall for those influencers but the greed of reaping from where you didn't sow is the problem, because you know that the chance of winning your bet is 50-50 and you went ahead.

Gambling is an avenue to take risks so whatever you decide to deposit In your gambling account is entirely up to you, you weren't persuaded or forced to do any of that so it's not a scam. Gamblers are well aware of the risks they take on a daily basis so there's no form of scam involved in it..you went weren't promised anything to begin with...so this is the more reason why you should develop your mentality or way of thinking, the sole purpose of gambling should simply be for entertainment and not to make yourself rich overnight.

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Quote from: Wakate on December 11, 2024, 02:32:41 PM

Quote from: Nwada001 on December 11, 2024, 12:29:04 PM

Quote from: Ararbermas on December 11, 2024, 02:35:43 AM

people see it scam because of their bad experience wherein without doing any research how they'll able to become successful from it as they all want is an easy win for doing nothing. That's why without hesitation they all saying gambling is a scam .for me my opinion we need to understand them because it means that gambling is not for them. Coz obviously they are lazy people who don't make ways and only rely on other people comments and perspective so it's a waste of time to argue with them to be honest.

Those who expect too much from gambling always end up seeing it as something else when they don't get what they want; it's no longer a new something for us to be seeing such comments from unpleasant customers.

Yeah, I think those who are looking for a fast and easy way of making money are the ones who always end up going all in and getting disappointed; they see gambling in the wrong view, thinking it's as easy as it is being displayed online by those promoters.

Many of the derogatory comments we have been seeing from gamblers are most from newbies that have been eaten by greed if tripling their profits with the believe that they would always win anytime they want. Some might have forgotten that the money they planned to make from a particular bet could be someone's lose and they are so desperate to be making that kind of profit consistently. Once these newbies realized that money they intend to make from betting will always be other gamblers loses, I think that could make them realize that betting is not for everyone. We ought to be prepared for the worse, if not we could start complaining that casinos are cheating us and want to take our money.

Every lion in the jungle hunting is out there to get food to eat, and this usually don't matter to the lion what other animal have to loose his or her life, provided the lion gets food to eat and satisfy his or her hunger.

Applying this to gambling, gamblers, whether an OG gambler or a newbie, usually don't care who loses for them to profit, and this is true because some time, even the gambler in question have lost a huge amount of money, and whoever made profit from that loss (aside from the casino) the gambler does not know.

So, there is nothing to blame or hold even newbies to, even if they realize that money they intend to make from gambling is another person's loss, it doesn't make any difference or changes anything, for in everything including business and trading, someone somewhere is losing while others are profiting, this is how things were designed to work.

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Quote from: Nwada001 on December 11, 2024, 12:29:04 PM

Quote from: Ararbermas on December 11, 2024, 02:35:43 AM

people see it scam because of their bad experience wherein without doing any research how they'll able to become successful from it as they all want is an easy win for doing nothing. That's why without hesitation they all saying gambling is a scam .for me my opinion we need to understand them because it means that gambling is not for them. Coz obviously they are lazy people who don't make ways and only rely on other people comments and perspective so it's a waste of time to argue with them to be honest.

Those who expect too much from gambling always end up seeing it as something else when they don't get what they want; it's no longer a new something for us to be seeing such comments from unpleasant customers.

Yeah, I think those who are looking for a fast and easy way of making money are the ones who always end up going all in and getting disappointed; they see gambling in the wrong view, thinking it's as easy as it is being displayed online by those promoters.

Many of the derogatory comments we have been seeing from gamblers are most from newbies that have been eaten by greed if tripling their profits with the believe that they would always win anytime they want. Some might have forgotten that the money they planned to make from a particular bet could be someone's lose and they are so desperate to be making that kind of profit consistently. Once these newbies realized that money they intend to make from betting will always be other gamblers loses, I think that could make them realize that betting is not for everyone. We ought to be prepared for the worse, if not we could start complaining that casinos are cheating us and want to take our money.

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Quote from: AYOBA on December 10, 2024, 01:34:17 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

The is not scam anymore since you try as much possible to much on how does it work so I will never agree that a word gambling is scam: A word scam is what you don’t know much about a someone invited you to join, and ask you to put money for you to gain huge amounts; and at the end of day they run with all of your money that put in their plat form that what we call a scam.

But when is coming to gambling us a place where everyone come and stake the amount of money that they can afford to lose, since there’s a reward for them after stake and win the exctely team they predict too; that’s all about the gambling.

gambling is a game that includes risk
it is only a scam if they're clearly scamming you (think online slots but 0% chance of winning due to programming it like that and not making it provably fair)
scamming presuposes taking advantage of someone to your benefit

getting money as house edge is not directly scammy...

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Quote from: Frankolala on December 11, 2024, 03:10:47 AM

Quote from: Ararbermas on December 11, 2024, 02:35:43 AM

Quote from: Abbatty on December 11, 2024, 02:12:37 AM

How can you even ask a question like this, do you even know what a scam is. Scam means fraud. Scam is a dishonest way of making money mostly by tricking people. On the other hand gambling is staking a value, mostly money with the awareness or consciousness of risk and having it in mind to win more than you stake. So saying gambling is scam is way off.

It not as if you are tricked to gamble, in as case maybe you stake and you win and you are not given your prize is a different, so let assume you win and you are given your price, I believe you won't say gambling is scam, we all know alot of people who are making a living through gambling and it not as if when the see the police they begin to run. In most casinos there are cops around protecting gamblers. So answer your question again Gambling is not a scam.

people see it scam because of their bad experience wherein without doing any research how they'll able to become successful from it as they all want is an easy win for doing nothing. That's why without hesitation they all saying gambling is a scam .for me my opinion we need to understand them because it means that gambling is not for them. Coz obviously they are lazy people who don't make ways and only rely on other people comments and perspective so it's a waste of time to argue with them to be honest.

If you win big from gambling, would you call it a scam or will you call yourself a scammer for winning your bet. I believe if you cannot say you scammed the casino for winning your bet, therefore, you shouldn't say gambling is a scam because you are on a losing streak. Gambling is fun and for entertainment but if you see it beyond that, you are the one at fault.

It's absolutely newbie gambler understanding, because they think gambling is money making machine, when they will lose everything in gambling then they're saying gambling is SCAM, but it will happen only in the cases of losses, but if they will win, it’s a good platform. Not only gambling also in cryptocurrency, my friend of mine who invested money in crypto when market is going dumping, when he said to me, crypto is ponzi SCAM, lol. But i don’t think everyone take is as entrainment, mostly make bets for win and it’s like their addiction.

Agbe

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That is is your view points because of what has happened to you but as for me it is not a scam because they are not receiving you to collect your money but they seek your conscience to gamble therefore I don't see it at scam. Though I understand why you are saying because of the way you have loss funds. Some people wins while some loss so it is 50/50. Either you lose or you win. Scammers will not allow you to withdraw and their is always an issue to withdraw but gambling is not like that.

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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 Scam. It's their business so they will always go against a gambler to strictly manage the game. When you win gambling, you will be much happier when gambling will not seem like a scam to you. But if you lose gambling in this case you will think it is a scam. Gambling games are designed in such a way that it will always draw you in and the games are operated in such a way that you will always dream of winning something big but you will always lose there. This is gambling addiction.

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Quote from: Akbarkoe on December 11, 2024, 12:46:35 PM

Quote from: 2Pizza410000BTC on December 11, 2024, 12:14:11 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. If you gamble irresponsibly, you will become addicted to gambling. I gamble for entertainment. I gamble only for fun in my free time. I never consider this gambling as a means of earning money. So I will never declare gambling as a scam. You know for sure that gambling is a game of luck. If you win in this game of luck, you will get a lot of money back in one go. And if you lose in this game of luck, you will definitely lose money. If you know this promise, you cannot see gambling as a scam. So you should use the amount of money you can afford to lose for gambling.

Everyone will say that gambling is a game that is only based on entertainment, with the reason for having fun. But in reality, not everyone is able to maintain this principle. Because often over time, some of the victories that have been achieved can make them complacent with gambling and finally have a different view of gambling. They will have the principle that gambling is to make a profit.

And the question is, if you do have the principle that gambling is a relaxing and enjoyable entertainment, then how do you maintain that principle properly?

On the other hand, gambling can only be said to be cheating, when you get a win in gambling, and it turns out that the site does not pay it, or when you make a deposit, but the balance cannot be used for betting.

Well, sad to say that most people viewed gambling as a means to make profit (easy money) while having fun. There's no denying of it, I myself has been thinking this way too at one point before.
Now, on your last statement, I don't think that's what the OP is pointing out. He was not referring to or asking if a certain casino a scam, but he's trying to point out gambling itself as being a scam when we all going to lose eventually.

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Quote from: 2Pizza410000BTC on December 11, 2024, 12:14:11 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. If you gamble irresponsibly, you will become addicted to gambling. I gamble for entertainment. I gamble only for fun in my free time. I never consider this gambling as a means of earning money. So I will never declare gambling as a scam. You know for sure that gambling is a game of luck. If you win in this game of luck, you will get a lot of money back in one go. And if you lose in this game of luck, you will definitely lose money. If you know this promise, you cannot see gambling as a scam. So you should use the amount of money you can afford to lose for gambling.

Everyone will say that gambling is a game that is only based on entertainment, with the reason for having fun. But in reality, not everyone is able to maintain this principle. Because often over time, some of the victories that have been achieved can make them complacent with gambling and finally have a different view of gambling. They will have the principle that gambling is to make a profit.

And the question is, if you do have the principle that gambling is a relaxing and enjoyable entertainment, then how do you maintain that principle properly?

On the other hand, gambling can only be said to be cheating, when you get a win in gambling, and it turns out that the site does not pay it, or when you make a deposit, but the balance cannot be used for betting.

Topic: Is Gambling a scam - page 27. (Read 5740 times)