Is Gambling a scam - page 4. | Bitcointalksearch.org

Koadharber

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Quote from: mammusu on January 01, 2025, 04:33:43 AM

Quote from: viljy on January 01, 2025, 02:32:08 AM

Almost all players know that the chances of winning a gambling game are much less than the chance of losing. This information is open, and it is also well known that winning a gambling game depends on your luck.
Now compare this with the way various financial markets are advertised, where people are lured by promises of guaranteed wealth. Most of these people lost money on financial speculation or investments, contrary to what the media told them.
So, a gambler gets exactly what gambling promises - good luck or bad luck. And millions of people who believed the ads and lost money on financial speculation were actually deliberately deceived. So what of it, then, is a scam?

I think both gambling and financial investment have their own risks, so we need to understand the risks involved in both, I agree with what you said that players should generally be aware that luck plays a big role, not only in gambling, but on the other hand financial investment is also often promoted with promises of profits that may not be realistic so it can be very misleading for many people, Fraud occurs when the information provided is dishonest or misleading, leading people to believe that they will get a sure profit without significant risk, therefore, it is very important for us to seek information and also understand the risks that exist before we enter into gambling and also financial investments so as not to be trapped in losses.

On the moment that you do put up money into something then it do involves risks and this is really just that normal. On the moment that you will be that putting up money whether on investment or gambling then it will really be that still imposing up the risks but of course the level of risks will be that totally be basing up on what are the things that you are dealing on with. The important thing on here is on how you do make yourself having the control of the risks specially when dealing up with gambling on which you should really be that only playing for the sake of fun and never intend to go above your limits because on the time that you do this then you will definitely be experiencing up such issues or problems on which this should be stopped as early as you can. Gambling isnt bad as long you do know your limitations.

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Quote from: viljy on January 01, 2025, 02:32:08 AM

Almost all players know that the chances of winning a gambling game are much less than the chance of losing. This information is open, and it is also well known that winning a gambling game depends on your luck.
Now compare this with the way various financial markets are advertised, where people are lured by promises of guaranteed wealth. Most of these people lost money on financial speculation or investments, contrary to what the media told them.
So, a gambler gets exactly what gambling promises - good luck or bad luck. And millions of people who believed the ads and lost money on financial speculation were actually deliberately deceived. So what of it, then, is a scam?

I think both gambling and financial investment have their own risks, so we need to understand the risks involved in both, I agree with what you said that players should generally be aware that luck plays a big role, not only in gambling, but on the other hand financial investment is also often promoted with promises of profits that may not be realistic so it can be very misleading for many people, Fraud occurs when the information provided is dishonest or misleading, leading people to believe that they will get a sure profit without significant risk, therefore, it is very important for us to seek information and also understand the risks that exist before we enter into gambling and also financial investments so as not to be trapped in losses.

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Quote from: peter0425 on December 31, 2024, 05:34:05 PM

Even without much experience, we should be able to spot a suspicious platform. Some casinos that are scams are difficult to use and mostly littered by ads and redirection links. Though of course we don’t know how scammers are nowadays because they could easily be making efforts now to create good websites to appear a lot more legit.

Check always the domain name because it’s there where usually you’d be able to spot a scam website

Identifying the domain is not something that every regular gambler can identify. To be able to identify domain and legitimacy of the site, one need to have basic knowledge of IT. You don't necessarily need to be a computer expert thou but you need to have at least a minimum knowledge on websites to figure out the genuine ones and impersonating sites. Some scam casino sites can be hardly detected until you make your deposit and win. Processing withdrawal will take them forever to approved. At they'll claimed they've processed your payment request and completed it but you won't receive your payment. Aside manipulating their system to disadvantage of their users, delaying payment request is a red flag to stay away from a casino unless it has to do with general network issues. Mind you, they normally have the perfect site design with good UI that are very catchy.

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

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

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

viljy

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Almost all players know that the chances of winning a gambling game are much less than the chance of losing. This information is open, and it is also well known that winning a gambling game depends on your luck.
Now compare this with the way various financial markets are advertised, where people are lured by promises of guaranteed wealth. Most of these people lost money on financial speculation or investments, contrary to what the media told them.
So, a gambler gets exactly what gambling promises - good luck or bad luck. And millions of people who believed the ads and lost money on financial speculation were actually deliberately deceived. So what of it, then, is a scam?

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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.

Buddy you're right, there was no assurance from anyone or gambling institutions themselves that one will either win or be given something in return once you gamble, gambling is just an activity that is not assured so if you win fine and if you don't just take it as it is because even the owner of gambling firm do not no the outcome of any gambling event so is just luck all the way, though some people see gambling as fun and other see it as a serious event that can be used to make money but for me I will advise that it's better to see it as fun so that one will not be expecting much from it, yea there is possibility of a gambler getting his money back while having fun as you said but such chances are also slim though it depends on individual luck which can't really be ascertain.

Mate you just nailed it, some persons are bent on chasing after something the cant control, they attach so much greed and most times they fail, personally I gamble but not with tue hope that I must win, I have come to the understanding as a gambler that we don't have to chase after shadows, once past events are gone whether we win or lose, we can now concentrate on the present event and keep hope alive for our luck to shine.

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

Quote from: peter0425 on December 31, 2024, 05:34:05 PM

Even without much experience, we should be able to spot a suspicious platform. Some casinos that are scams are difficult to use and mostly littered by ads and redirection links. Though of course we don’t know how scammers are nowadays because they could easily be making efforts now to create good websites to appear a lot more legit.

Check always the domain name because it’s there where usually you’d be able to spot a scam website

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

If you really don't want to lose money then it's better not to gamble, now many online casinos are operating this also creates opportunities for fraud to occur and gambling also allows us to only lose money, but saying gambling is a scam is a wrong assumption because there is no fraud here with a casino that has a good reputation, the thing to do is we have to be smart in choosing a casino when we want to gamble and that can avoid fraud, but to avoid losses in gambling is something that may be difficult to avoid.
It all depends on ourselves, as you said we just need to be careful and more careful in determining which casino we will visit, now if we are not careful in choosing a casino and if fraud occurs it is a natural thing because we ourselves are not careful. Another thing is people who say gambling is a scam I think they misunderstand gambling, if you really think that frequent defeats are a fraud it's ridiculous.

Dewi Aries

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

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Quote from: Su-asa on December 31, 2024, 03:04:07 PM

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.

I think the tone of the OP post is the mindset some people have that no one or insignificant number of people actually win gambling, thereby gambling may be similar to a broad scam. I know a lot of people have this mindset especially those who are conservative that seldom want to take risk, but such mindset is actually wrong as there are no way to prove that only insignificant number of people actually win gambling. A lot of people win gambling but they will never come out to say it instead they are more vocal when they lose. If a good number of people are not winning gambling, the business would have ended a long time instead of the remarkable growth we are seeing in the gambling business now.

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Quote from: peter0425 on December 31, 2024, 05:34:05 PM

Quote from: Antotena on December 31, 2024, 04:44:50 PM

The problem of identifying scam casino is that they are difficult to sight, you wouldn't know until you try their service and even when you do and you don't have any experience in gambling, you might think that the way you are losing to the casino is normal until you try another casino that is legit, that's when you will know that the casino you have been using is scamming you of your money and probably have high house hedge to take most of your wager.

Even without much experience, we should be able to spot a suspicious platform. Some casinos that are scams are difficult to use and mostly littered by ads and redirection links. Though of course we don’t know how scammers are nowadays because they could easily be making efforts now to create good websites to appear a lot more legit.

Check always the domain name because it’s there where usually you’d be able to spot a scam website

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

peter0425

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Quote from: Antotena on December 31, 2024, 04:44:50 PM

The problem of identifying scam casino is that they are difficult to sight, you wouldn't know until you try their service and even when you do and you don't have any experience in gambling, you might think that the way you are losing to the casino is normal until you try another casino that is legit, that's when you will know that the casino you have been using is scamming you of your money and probably have high house hedge to take most of your wager.

Even without much experience, we should be able to spot a suspicious platform. Some casinos that are scams are difficult to use and mostly littered by ads and redirection links. Though of course we don’t know how scammers are nowadays because they could easily be making efforts now to create good websites to appear a lot more legit.

Check always the domain name because it’s there where usually you’d be able to spot a scam website

Antotena

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Quote from: Su-asa on December 31, 2024, 03:04:07 PM

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.

The problem of identifying scam casino is that they are difficult to sight, you wouldn't know until you try their service and even when you do and you don't have any experience in gambling, you might think that the way you are losing to the casino is normal until you try another casino that is legit, that's when you will know that the casino you have been using is scamming you of your money and probably have high house hedge to take most of your wager.

To balance this, I don't stress my head over casino games, I prefer to play my play book and choose some clubs I'm having confidence in their games. If they win or go as I predicted that means I'm making money and if they lose or didn't go as I predicted, that means I'm going to lose money. It's better that way instead of milking my innocence, if the casino doesn't have plenty options, I leave them and go for another one, it's as simple as that.

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

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

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

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

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

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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.

Topic: Is Gambling a scam - page 4. (Read 3653 times)