Of course, it is always much more pleasant to win money in a game of chance than to lose your own, sometimes earned through significant labor costs. It is obvious.
But we are talking more about the degree of such disappointment from losing. After all, some players simply reach the point of literally going crazy. And this can have very tragic consequences. But a good player, of course, is saddened by a loss, but never falls into a state of despair. And here, by the way, knowledge in the field of basic money management skills comes to the rescue.
To my great regret, I think that I am not mistaken; after all, most players do not know the basics of this control and have no intention of getting acquainted with them, at least by reading the relevant literature.
And this is understandable: everyone wants to quickly start an interesting game of chance rather than study boring books on economics.
It is very true, here I say something, there are no books on games of chance, or at least not saying strategies, but enough to have enough to control yourself, then the books on economics or financial help only serve to have an idea of ??what money means, and what we can achieve to be able to control ourselves, and to see that some activities are not very recommendable, among them, gambling because they are high risk and cannot be taken as income, but in part it is known that you can play but with very limited money, since it is destined to be lost.
Perhaps I also have not seen any truly valuable and interesting books on the topic of gambling as a high-risk financial transaction. But surely some smart academic economists are studying this and most likely writing not monographs, but articles in journals. Although, from a scientific point of view, all gambling is indeed a super-risky investment of a citizen’s money, in this case, a player, with an almost instantaneous result by investment standards. But it is clear that the result will most likely be negative. And yet, this issue has a very strong psychological and emotional component; it almost completely destroys the logic of an ordinary investor. So let’s wait, maybe one of the smart scientists will write some kind of abstruse book-research about managing bets in gambling.
And about how wrong it is to gamble in general.