Is Gambling a scam - page 6. | Bitcointalksearch.org

Zadicar

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Quote from: ajanwalker on December 20, 2024, 04:39:37 AM

Many gambling sites give lots of bonuses to people who become members for the first time.

I think the aim is just to get them used to gambling. Then it makes them earn a little. Then the gambler slowly starts to lose and this time he thinks he will get back what he put in and never play again, but he keeps losing.

The best thing is to stay away from gambling.

First deposit bonuses or new user bonuses are indeed naturally giving out that big amount of add up on which it will really be that looking to be that interesting into those who are just new to gambling. We do know that when it comes into this aspect on where newbie gamblers will really be having that kind of spike of interest on seeing these bonuses but on the moment or time that they had experienced out those shit terms and conditions then this is where they will be making out some realizations that it was never been that easy to get out with the house terms and conditions until you had bust up all the balances you do have. This is why at the time that you do find yourself with these bonuses again then you dont like it anymore or wont be interested on it.

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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.

at the end of the day gambling platform or websites related to gambling are what pay signatures here in the forum and contribute a lot for the activity on bitcointalk and even on this board
so... this is one thinkj to remember

I think that just blatantly calling it a scam is a bit shallow.

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

Quote from: Oluwa-btc on December 19, 2024, 03:24:07 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

I don't consider gambling a scam.You are clearly aware of what gambling entails and truly implies.You see that alot of people make decisions without considering the aftermath of their decisions;and that's how most people see and take gambling.I think people don't need to be completely admonished and instructed on what to do or how to do it.Gambling is a different entity with scam because the perspectives is completely different.

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.

I think people are only advised to stop gambling when they are becoming addicts I don't see wrongs in doing that especially if the person is your friend or relative. Gambling is meant to be played by people who understands what it is all about anyone who doesn't have what it takes shouldn't see it as a scam because the company only renders services they force no one to participate in any gambling.

In general, when players lose their money without following strict responsible gambling practices, 99% of the time they will blame the website and accuse it of fraud. On the flip side, when someone gets lucky, he won’t say that and might even praise the bookmaker and recommend it. The word "scam" is often the first thing that comes to mind when losing money. This is why it’s important to gamble within our means to avoid bad surprises or accusations.

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In what context? I mean what problem makes you assume that gambling is a scam? Honestly, since the beginning of my acquaintance with gambling, I have never had such thoughts except for a reasonable reason, such as the casino not processing or failing the withdrawal process that I did, or vice versa when I made a deposit then the casino froze and blocked my account,
But if the problem is, for example, the idea of fraud is because you often lose than win, then of course it is not a scam, but you are the one who is very far from what is called luck.
Hmm, I'm sure that idea would never have occurred to a gambler who from the beginning already knows and understands what and how gambling really is, especially from the concept of winning and losing, and that is the reason why before we get involved in an activity, try to understand it first so that you don't have negative thoughts about something that I think should be considered normal.

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Quote from: Onyeeze on December 19, 2024, 04:07:45 PM

Quote from: Baki202 on December 18, 2024, 04:44:46 PM

Quote from: Onyeeze on December 17, 2024, 04:47:32 PM

the percentage of people who win in gambling and the percentage of people who lose in gambling cannot be equated because it is clear that people who lose in gambling is higher than the people who wins in gambling so if we bring the statistics you will see the different between people that the benefited in gambling and the people who have not benefited in the gambling through winning and also losing so this things now will make you to have a limitation of your participation in gambling and also make you do not have hope every time that you win in the gambling often or you will lose

The percentage of winning and loses can not be comparable and majority of those that are losing are more than those that are winning and does that are losing are the once seen gambling but it's not scam and they really need to understand before they start concluding that it's a scam so they need to have understanding if it is already there then there won't be this issue, because there are people that are to greedy and just because of how greedy they are they will keep losing then they will eventually not get any tangible from it when you losing, and when it turns that way it wil Be better for you to just quite so that you don't end up see it as a scam, the earlier the better the participation is reduced to be on a safer side.

that is the kind of things some people need to understand towards gambling gambling never be a scam but it is due to the way we participate in gambling and our expectation that makes some people to come in conclusion but gambling is a scam, from my understanding in gambling if you refused to study gambling very well you may think that the gambling is a scam why it is clear to the blind gambling is all about a risk and it is the risk that will determine your winning or not, so if fail understand that gambling can only be scam when you win in a particular platform and the gambling websites knock you out of their site, it's when you say gambling is a scam.

You are right, in fact, there are other private business people who have built their own gambling business for their charity program through their gambling casino. Where every gambler bets on their gambling platform, a certain percentage of it will go to their charity program.

Even in our government here, there is also a charity program via lottery where poor people who go to the hospital, they provide help to these uncapable people who are poor.

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Quote from: ajanwalker on December 20, 2024, 04:39:37 AM

Many gambling sites give lots of bonuses to people who become members for the first time.

I think the aim is just to get them used to gambling. Then it makes them earn a little. Then the gambler slowly starts to lose and this time he thinks he will get back what he put in and never play again, but he keeps losing.

The best thing is to stay away from gambling.

It will be difficult for some one has been addicted into gambling to totally stay away from gambling.
You are very correct in your first statement like currently now I have some bonuses from sporting bet that I haven't even use till now I decided to abandon the site now because I have lost lots of money they are only giving me those bonus to see if I will come back again and start gambling because they have seen that am no longer active in that site.

And the worst mistake gamblers make is been desperate to win after much losses at the end you still keep on losing because you are currently under pressure the pressure of trying to win back lost money and this mostly happen in virtual games where you will play and see the results immediately.

ajanwalker

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Many gambling sites give lots of bonuses to people who become members for the first time.

I think the aim is just to get them used to gambling. Then it makes them earn a little. Then the gambler slowly starts to lose and this time he thinks he will get back what he put in and never play again, but he keeps losing.

The best thing is to stay away from gambling.

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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.

There is no justification for gambling as a way to generate income in life, because the profits in gambling cannot be predicted accurately so there is no clear income that can be obtained including those who gamble using a strategy because in general there is no strategy that will definitely make us succeed in getting profits consistently, for example, there is an accurate strategy to be able to get a win, maybe I have used it.
A person who understands gambling will not make gambling a way to make money, they will do it just for entertainment or to fill their free time and actually it should be like this because with this there will be no major losses that will occur.

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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.

But in the end the accusation that gambling is fraud is also unfounded because this only goes back to assumptions but in the end gambling has its own legal umbrella where they run a business called “gambling business” and there is no compulsion to be here because it is only for those who want to do it.

Regardless of whether we always get losses, it is the gambler's risk because they only accommodate gambling activities legally and legally (for some cases of large sites or land-based casinos) which already have their own legal entity where the legality certificate is held from the relevant government.

So it will still be difficult when saying they are scams while in some countries they are still legal because the government supports it. This is why gambling will still be a business as long as when talking about fraud in gambling this can indeed happen but the case is not when we lose the game but there is an error in gambling activities that occur.

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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.

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Quote from: Hispo on December 19, 2024, 03:03:40 PM

I would say that for gambling to be a profitable business in the long term for a casino or a bookie it is rather a 52/48 instead of a 50/50, in favor of the house, of course.
Even though I know of people who has lost important amounts of money to casinos and bookies, I am yet to see the first one with my very own eyes which blames it all to the casino and not to their bad luck.

Trust me, you’re yet to see it all, lol. I’ve seen so many people who blames the casino for their losses, saying they manipulated the results. This could be seen in gamblers who go indulge in virtual or simulated sports gambling, since the games are not real and at the same time, promises instant rewards to gamblers, gamblers believe it’s easier for the casinos to easily manipulate the outcome and results of these games, so even if they eventually lose due to their gambling misconduct or high expectations, it’s easier for them to rather shift the blame on the casino just because things didn’t go according to as planned, forgetting that gambling success isn’t guaranteed at all.

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Quote from: Baki202 on December 18, 2024, 04:44:46 PM

Quote from: Onyeeze on December 17, 2024, 04:47:32 PM

the percentage of people who win in gambling and the percentage of people who lose in gambling cannot be equated because it is clear that people who lose in gambling is higher than the people who wins in gambling so if we bring the statistics you will see the different between people that the benefited in gambling and the people who have not benefited in the gambling through winning and also losing so this things now will make you to have a limitation of your participation in gambling and also make you do not have hope every time that you win in the gambling often or you will lose

The percentage of winning and loses can not be comparable and majority of those that are losing are more than those that are winning and does that are losing are the once seen gambling but it's not scam and they really need to understand before they start concluding that it's a scam so they need to have understanding if it is already there then there won't be this issue, because there are people that are to greedy and just because of how greedy they are they will keep losing then they will eventually not get any tangible from it when you losing, and when it turns that way it wil Be better for you to just quite so that you don't end up see it as a scam, the earlier the better the participation is reduced to be on a safer side.

that is the kind of things some people need to understand towards gambling gambling never be a scam but it is due to the way we participate in gambling and our expectation that makes some people to come in conclusion but gambling is a scam, from my understanding in gambling if you refused to study gambling very well you may think that the gambling is a scam why it is clear to the blind gambling is all about a risk and it is the risk that will determine your winning or not, so if fail understand that gambling can only be scam when you win in a particular platform and the gambling websites knock you out of their site, it's when you say gambling is a scam.

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Quote from: Agbe on December 18, 2024, 03:03:14 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 because all the Gambling companies are dueling registered under the appropriate laws setting up Gambling and they pay tax to government making their business legal so Gambling is not a scam but it all depends on the way you look at it because there is a way you will lose in gambling that sometimes you Begin to Wonder if gambling is a scam , but the best title for this thread would have been is gambling really Worth it

having a registered company doesn't mean it couldn't be a scam
but you are correct, most of the gambling websites have an edge for the house, as usual, but are not scams
I totally agree that "is gambling really worth it?" would be a better title for this thread

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Quote from: Oluwa-btc on December 19, 2024, 03:24:07 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

I don't consider gambling a scam.You are clearly aware of what gambling entails and truly implies.You see that alot of people make decisions without considering the aftermath of their decisions;and that's how most people see and take gambling.I think people don't need to be completely admonished and instructed on what to do or how to do it.Gambling is a different entity with scam because the perspectives is completely different.

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.

I think people are only advised to stop gambling when they are becoming addicts I don't see wrongs in doing that especially if the person is your friend or relative. Gambling is meant to be played by people who understands what it is all about anyone who doesn't have what it takes shouldn't see it as a scam because the company only renders services they force no one to participate in any gambling.

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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 don't consider gambling a scam.You are clearly aware of what gambling entails and truly implies.You see that alot of people make decisions without considering the aftermath of their decisions;and that's how most people see and take gambling.I think people don't need to be completely admonished and instructed on what to do or how to do it.Gambling is a different entity with scam because the perspectives is completely different.

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Quote from: Tungbulu on December 19, 2024, 11:00:49 AM

Quote from: Questat on December 19, 2024, 06:16:38 AM

It is sad to say, but many people who become addicted to gambling end up blaming the casino for their losses, even accusing them of being a scam. In fact, I’ve even heard this from a friend after losing a huge amount, convinced that the results were manipulated. It is unfortunate, but this is what happens when we don’t fully understand our position as gamblers.

It’s sad indeed, many gamblers gamble and forget the fact that regardless of how good your prediction and analytical skills are, the house always has an edge over the gamblers and then they trust their judgments more and then when things don’t go as predicted, they blame the house for manipulating the outcome. There are so many factors that gamblers should at all time put into adequate consideration before stepping into the casino, and that is the fact that nothing is certain when it comes to gambling and when they fail to realize this, they get into one trouble or the other.

I used to say that gambling is more of a 50/50, 50 for the house and 50 for the gamblers, but then I realized later on that it’s not true, because if it was actually a 50/50, then the gamblers would be winning just as much as they’re losing, but we already know this isn’t the case and the worst part of it is that many gamblers do not realize this fact.

I would say that for gambling to be a profitable business in the long term for a casino or a bookie it is rather a 52/48 instead of a 50/50, in favor of the house, of course.
Even though I know of people who has lost important amounts of money to casinos and bookies, I am yet to see the first one with my very own eyes which blames it all to the casino and not to their bad luck.
Also, it is specially ironic if you consider most casinos and bookies explicitly say in their terms and conditions that our position as gamblers is supposed to see gambling as a form of entertainment and consider any deposit into the casino to be "lost" in the same instant we decide to put it there. The rules of the game are clear, the edge of the house is clear and there are even casinos which go further and even offer provably fair experiences to their customers/gamblers, but I guess it is inevitable someone eventually will continue to claim the casino is rigged, which is at the very least, unfortunate.

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Quote from: Wakate on December 19, 2024, 11:39:41 AM

Quote from: Zigabel on December 18, 2024, 04:20:37 PM

Quote from: Onyeeze on December 17, 2024, 04:47:32 PM

the percentage of people who win in gambling and the percentage of people who lose in gambling cannot be equated because it is clear that people who lose in gambling is higher than the people who wins in gambling so if we bring the statistics you will see the different between people that the benefited in gambling and the people who have not benefited in the gambling through winning and also losing so this things now will make you to have a limitation of your participation in gambling and also make you do not have hope every time that you win in the gambling often or you will lose

Higher loosing keeps the casino in the business and so they are often benefitting more from the losses, even if at a point there's a wave of winnings which passes that of losses he casinos still Will not be shutting down because they aren't there for the short time they are in the business for the long term so they believe future wins that will get them to recover every payments they have made is ahead, and the Gamblers never get satisfied regardless of how much they win, they always still want more.

Casino business is a lucrative one and one can make huge profits from it. This is one of the reasons we keep seeing casinos running ads to make sure they keep getting frequent users that are using their platforms to bet while they keep making money. We might not really understand how the business works because it is not all gamblers that are making money from betting. There are times when we that claim to be profitable gamblers would keep making loses due to many reasons that are unknown. Some of the reasons might be as a result of winning too frequently, greed and mismanagement of funds.

That's why whenever I encounter any post of someone claiming to be a pro In gambling I usually don't waste my time going through such post because they are just finding ways to lure users into their group, because for one to be pro in gambling and always makes profits , that means the person is one with luck which is not normal .

You are going into gambling with the wrong mindset, which getting rich with it fast , you will definitely endup saying gambling is a scam due to the countless losses you're going to encounter with such mindset.

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Quote from: Zigabel on December 18, 2024, 04:20:37 PM

Quote from: Onyeeze on December 17, 2024, 04:47:32 PM

the percentage of people who win in gambling and the percentage of people who lose in gambling cannot be equated because it is clear that people who lose in gambling is higher than the people who wins in gambling so if we bring the statistics you will see the different between people that the benefited in gambling and the people who have not benefited in the gambling through winning and also losing so this things now will make you to have a limitation of your participation in gambling and also make you do not have hope every time that you win in the gambling often or you will lose

Higher loosing keeps the casino in the business and so they are often benefitting more from the losses, even if at a point there's a wave of winnings which passes that of losses he casinos still Will not be shutting down because they aren't there for the short time they are in the business for the long term so they believe future wins that will get them to recover every payments they have made is ahead, and the Gamblers never get satisfied regardless of how much they win, they always still want more.

In general, however and whenever the casino will never lose, the reason? It is clear because after all they are the ones who build, create and provide all the following games also by designing the system in each game, that is why many people say that casinos will always be superior to gamblers, this is a business that hides behind the winning opportunities provided but for gamblers who cannot use common sense and rational thinking correctly then they will definitely be trapped in a wrong understanding just because they see that there is a chance to win there.

That is also one of the reasons why gamblers lose more than they win, usually the scenario is that gamblers are given one win but over time they will experience 5-10 losses, but usually the annoyance of experiencing many of these losses can be easily cured by just getting one win even though the amount of the win is not comparable to the losses they experienced before.

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Quote from: Zigabel on December 18, 2024, 04:20:37 PM

Quote from: Onyeeze on December 17, 2024, 04:47:32 PM

the percentage of people who win in gambling and the percentage of people who lose in gambling cannot be equated because it is clear that people who lose in gambling is higher than the people who wins in gambling so if we bring the statistics you will see the different between people that the benefited in gambling and the people who have not benefited in the gambling through winning and also losing so this things now will make you to have a limitation of your participation in gambling and also make you do not have hope every time that you win in the gambling often or you will lose

Higher loosing keeps the casino in the business and so they are often benefitting more from the losses, even if at a point there's a wave of winnings which passes that of losses he casinos still Will not be shutting down because they aren't there for the short time they are in the business for the long term so they believe future wins that will get them to recover every payments they have made is ahead, and the Gamblers never get satisfied regardless of how much they win, they always still want more.

Casino business is a lucrative one and one can make huge profits from it. This is one of the reasons we keep seeing casinos running ads to make sure they keep getting frequent users that are using their platforms to bet while they keep making money. We might not really understand how the business works because it is not all gamblers that are making money from betting. There are times when we that claim to be profitable gamblers would keep making loses due to many reasons that are unknown. Some of the reasons might be as a result of winning too frequently, greed and mismanagement of funds.

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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

For my own point of view and based on the meaning of scam,gambling is not a scam because no promises are made by any gambling company that when you gamble, someone will win. Additionally, we are not led to believe that gambling companies promise you will be paid for participating. In fact, there are rules governing gambling companies.

Without these promises, I can't call gambling a scam. While you may lose money in gambling, someone else is winning at the same time. Your loss does not mean that everyone is losing money.Another thing to keep in mind is that the risk you take when you place a bet is the same risk the gambling company takes. If you win, no matter the amount of money, they are to pay you.

Topic: Is Gambling a scam - page 6. (Read 3647 times)