Topic: Never Expect Consistent Winnings From Gambling - A Lesson I Learnt. (Read 1391 times)

Quote from: Theones on June 12, 2023, 02:42:47 PM

Actually, it's not that very rare because we or I can still hear some news or some stories about a gambler who already buried himself from having a mountain of debts with almost no hopes to pay it all. Loans are counted as they also see that as an option to continue their desires and continue their activity with the hopes and goal of being lucky in a single night to get free from all the debts and problems. Honestly though, there's almost no difference at all between gambling addicts and drug addicts as they both are willing to have any means just to continue their desires including robbing someone worse it's their family.

You are right that it is not very rare to see gamblers taking loans only to gamble more with the hope that they might get a lot of money at once and they will pay all the debts and will even have more left, but what usually happens is the opposite of that, and they lose the currently borrowed money as well. It barely happens that one wins in gambling after taking a loan and then successfully repaying the loan with that money.

That is why it is important to understand that taking loans for gambling or any kind of stuff that involve luck is a very bad idea you will end up building up tension and nothing else, and in the end, you will start looking for evil ways in order to get money so that you can get out of the situation you've got yourself into.

if the borrower have a plan in the mind thinking everything will go according to the plan then that is surely the most foolish thing one could believe.
not always what is on you mind is exactuly what you would think

To be sincere with you, it is not exactly foolish to expect things to work out the way we envisioned it in our minds, but rather, it becomes foolish if we do not have a backup plan, that is, a plan B, something to fall back on just incase things at the end of the day didn't go the way we planned it.
People do take loans for various reasons, and purposes, some still gamble from the money borrowed, and not all of them that do that end up in the gutters, some still get lucky and win just as they had hoped, but then, others still lose their bet as well as the money, if they have a back up plan, the loss is usually not a big deal, but if they don't, that is where the problem lies.

Totally foolish i would say on the time that you would really be expecting on something which it isnt realistic at all or something that we can say that it cant really be happening at all no matter how hard you do try or how hard you do push it. Consistent winning on gambling is never been that possible, yes, you might really be able to get some consecutive wins for some time but come to mind that it wont really be that just easy as it sounds or looks on which its never been that possible because thats not how this system or reality works. Gambling is for entertainment and house do always win in the end and there's
no way that for someone could have that consistent win.

If you do bare up on mind and really be that thinking that you are really that able to hit that kind of goal then for sure you would be molding up yourself on becoming an addict.Why?
you would be pursuing on things which it isnt really that possible Gambling is a game of chance and we know that luck isnt on our side as always.

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Quote from: Webetcoins on June 06, 2023, 12:04:24 PM

Quote from: Webetcoins on June 06, 2023, 12:04:24 PM

Actually, it's not that very rare because we or I can still hear some news or some stories about a gambler who already buried himself from having a mountain of debts with almost no hopes to pay it all. Loans are counted as they also see that as an option to continue their desires and continue their activity with the hopes and goal of being lucky in a single night to get free from all the debts and problems. Honestly though, there's almost no difference at all between gambling addicts and drug addicts as they both are willing to have any means just to continue their desires including robbing someone worse it's their family.

You are right that it is not very rare to see gamblers taking loans only to gamble more with the hope that they might get a lot of money at once and they will pay all the debts and will even have more left, but what usually happens is the opposite of that, and they lose the currently borrowed money as well. It barely happens that one wins in gambling after taking a loan and then successfully repaying the loan with that money.

That is why it is important to understand that taking loans for gambling or any kind of stuff that involve luck is a very bad idea you will end up building up tension and nothing else, and in the end, you will start looking for evil ways in order to get money so that you can get out of the situation you've got yourself into.

if the borrower have a plan in the mind thinking everything will go according to the plan then that is surely the most foolish thing one could believe.
not always what is on you mind is exactuly what you would think

To be sincere with you, it is not exactly foolish to expect things to work out the way we envisioned it in our minds, but rather, it becomes foolish if we do not have a backup plan, that is, a plan B, something to fall back on just incase things at the end of the day didn't go the way we planned it.
People do take loans for various reasons, and purposes, some still gamble from the money borrowed, and not all of them that do that end up in the gutters, some still get lucky and win just as they had hoped, but then, others still lose their bet as well as the money, if they have a back up plan, the loss is usually not a big deal, but if they don't, that is where the problem lies.

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Actually, it's not that very rare because we or I can still hear some news or some stories about a gambler who already buried himself from having a mountain of debts with almost no hopes to pay it all. Loans are counted as they also see that as an option to continue their desires and continue their activity with the hopes and goal of being lucky in a single night to get free from all the debts and problems. Honestly though, there's almost no difference at all between gambling addicts and drug addicts as they both are willing to have any means just to continue their desires including robbing someone worse it's their family.

You are right that it is not very rare to see gamblers taking loans only to gamble more with the hope that they might get a lot of money at once and they will pay all the debts and will even have more left, but what usually happens is the opposite of that, and they lose the currently borrowed money as well. It barely happens that one wins in gambling after taking a loan and then successfully repaying the loan with that money.

That is why it is important to understand that taking loans for gambling or any kind of stuff that involve luck is a very bad idea you will end up building up tension and nothing else, and in the end, you will start looking for evil ways in order to get money so that you can get out of the situation you've got yourself into.

if the borrower have a plan in the mind thinking everything will go according to the plan then that is surely the most foolish thing one could believe.
not always what is on you mind is exactuly what you would think

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Actually, it's not that very rare because we or I can still hear some news or some stories about a gambler who already buried himself from having a mountain of debts with almost no hopes to pay it all. Loans are counted as they also see that as an option to continue their desires and continue their activity with the hopes and goal of being lucky in a single night to get free from all the debts and problems. Honestly though, there's almost no difference at all between gambling addicts and drug addicts as they both are willing to have any means just to continue their desires including robbing someone worse it's their family.

You are right that it is not very rare to see gamblers taking loans only to gamble more with the hope that they might get a lot of money at once and they will pay all the debts and will even have more left, but what usually happens is the opposite of that, and they lose the currently borrowed money as well. It barely happens that one wins in gambling after taking a loan and then successfully repaying the loan with that money.

That is why it is important to understand that taking loans for gambling or any kind of stuff that involve luck is a very bad idea you will end up building up tension and nothing else, and in the end, you will start looking for evil ways in order to get money so that you can get out of the situation you've got yourself into.

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Quote from: AmoreJaz on June 04, 2023, 07:37:59 PM

Actually, it's not that very rare because we or I can still hear some news or some stories about a gambler who already buried himself from having a mountain of debts with almost no hopes to pay it all. Loans are counted as they also see that as an option to continue their desires and continue their activity with the hopes and goal of being lucky in a single night to get free from all the debts and problems. Honestly though, there's almost no difference at all between gambling addicts and drug addicts as they both are willing to have any means just to continue their desires including robbing someone worse it's their family.

so true / the debt is killer and you dont have an idea where you are going wrongno always true - not always applicable to all the situations.
The personal needs are surly the preference. That is correct that many people would be needing one thing other would not be needing anything!

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Quote from: LUCKMCFLY on June 04, 2023, 06:41:31 PM

Quote from: LUCKMCFLY on June 04, 2023, 06:41:31 PM

It all depends on the gambler involved in this kind of situation, making gambling as a source of income isn't bad at all as long as the gambler can always sought a means out for himself everytime

For people not to make gambling as a source of income is like a means of telling people how risky gambling is. I do tell people that they should not rely on gambling at all, that they should even be very careful about it. Not only gambling, but also trading. These two things are very risky, they can turn a rich person to a poor person in just few hours to days. People need to be careful.

Someone can decide to take just 5% of his weekly income to gamble weekly, that is not be. I do advice people not to use more than 5% of their weekly income to gamble weekly. But that do not stop me from saying that people should not make gambling as a source of income because I always think it is good for people to know that, which is actually the truth. Gambling should just be for fun and nothing else.

Indeed, gambling cannot be seen as a source of income, I know many friends who have told me that before playing in a casino, they told me that they see the casino as an ATM and that is a blunder, when they played Sometimes they won somehow and they told me, but I really didn't tell them anything, I just told them that I was happy but to be very careful, and after a while, at least 6 months later, I would see them again and they would tell me that They had left the casino because they lost a lot of money, that this is a vice, that they lent money and that they are still paying it off, the good thing is that they are working normally and paying their debts.

for sure, a lot of gamblers at one point went to the path of borrowing money as they wanted to fulfill their desires. and this is why gambling has bad connotation because of gamblers who are in deep debt but still trying to make a loan thinking that they can win and pay off their debts. however, very rare that it happens, the usual scenario is that they will incur more debts after debts.

Actually, it's not that very rare because we or I can still hear some news or some stories about a gambler who already buried himself from having a mountain of debts with almost no hopes to pay it all. Loans are counted as they also see that as an option to continue their desires and continue their activity with the hopes and goal of being lucky in a single night to get free from all the debts and problems. Honestly though, there's almost no difference at all between gambling addicts and drug addicts as they both are willing to have any means just to continue their desires including robbing someone worse it's their family.

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Quote from: LUCKMCFLY on June 04, 2023, 06:41:31 PM

It all depends on the gambler involved in this kind of situation, making gambling as a source of income isn't bad at all as long as the gambler can always sought a means out for himself everytime

For people not to make gambling as a source of income is like a means of telling people how risky gambling is. I do tell people that they should not rely on gambling at all, that they should even be very careful about it. Not only gambling, but also trading. These two things are very risky, they can turn a rich person to a poor person in just few hours to days. People need to be careful.

Someone can decide to take just 5% of his weekly income to gamble weekly, that is not be. I do advice people not to use more than 5% of their weekly income to gamble weekly. But that do not stop me from saying that people should not make gambling as a source of income because I always think it is good for people to know that, which is actually the truth. Gambling should just be for fun and nothing else.

Indeed, gambling cannot be seen as a source of income, I know many friends who have told me that before playing in a casino, they told me that they see the casino as an ATM and that is a blunder, when they played Sometimes they won somehow and they told me, but I really didn't tell them anything, I just told them that I was happy but to be very careful, and after a while, at least 6 months later, I would see them again and they would tell me that They had left the casino because they lost a lot of money, that this is a vice, that they lent money and that they are still paying it off, the good thing is that they are working normally and paying their debts.

Thinking of wagering as a steady income stream is fundamentally unsound, as it lacks the predictable return of a standard occupation. It's a game of chances and serendipity, not the consistency and stability you find with a traditional paycheck. Proposing to wager a mere 5% of your weekly earnings, albeit a safer bet than going all in, still needs careful consideration. Even a tiny fraction, over time, can pile up into a hefty sum, leading to long-term financial discomfort.

Your comrades' encounters vividly depict the potential pitfalls of betting. Casinos aren't cash fountains. Their main gig is to provide amusement, and their operations are geared to ensure that, over time, gamers part with more than they haul in. The key is to tackle wagering with a lucid grasp of its perils. If one chooses to participate, it ought to be done sensibly and within one's budgetary constraints. That's the mantra to live by.

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Quote from: LUCKMCFLY on June 04, 2023, 06:41:31 PM

It all depends on the gambler involved in this kind of situation, making gambling as a source of income isn't bad at all as long as the gambler can always sought a means out for himself everytime

For people not to make gambling as a source of income is like a means of telling people how risky gambling is. I do tell people that they should not rely on gambling at all, that they should even be very careful about it. Not only gambling, but also trading. These two things are very risky, they can turn a rich person to a poor person in just few hours to days. People need to be careful.

Someone can decide to take just 5% of his weekly income to gamble weekly, that is not be. I do advice people not to use more than 5% of their weekly income to gamble weekly. But that do not stop me from saying that people should not make gambling as a source of income because I always think it is good for people to know that, which is actually the truth. Gambling should just be for fun and nothing else.

Indeed, gambling cannot be seen as a source of income, I know many friends who have told me that before playing in a casino, they told me that they see the casino as an ATM and that is a blunder, when they played Sometimes they won somehow and they told me, but I really didn't tell them anything, I just told them that I was happy but to be very careful, and after a while, at least 6 months later, I would see them again and they would tell me that They had left the casino because they lost a lot of money, that this is a vice, that they lent money and that they are still paying it off, the good thing is that they are working normally and paying their debts.

for sure, a lot of gamblers at one point went to the path of borrowing money as they wanted to fulfill their desires. and this is why gambling has bad connotation because of gamblers who are in deep debt but still trying to make a loan thinking that they can win and pay off their debts. however, very rare that it happens, the usual scenario is that they will incur more debts after debts.

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Quote from: LUCKMCFLY on June 04, 2023, 06:41:31 PM

It all depends on the gambler involved in this kind of situation, making gambling as a source of income isn't bad at all as long as the gambler can always sought a means out for himself everytime

For people not to make gambling as a source of income is like a means of telling people how risky gambling is. I do tell people that they should not rely on gambling at all, that they should even be very careful about it. Not only gambling, but also trading. These two things are very risky, they can turn a rich person to a poor person in just few hours to days. People need to be careful.

Someone can decide to take just 5% of his weekly income to gamble weekly, that is not be. I do advice people not to use more than 5% of their weekly income to gamble weekly. But that do not stop me from saying that people should not make gambling as a source of income because I always think it is good for people to know that, which is actually the truth. Gambling should just be for fun and nothing else.

Indeed, gambling cannot be seen as a source of income,

It can be a source of fund if we are winning but at the same time the cost of eating our funds if we are in al osing streak. Gambling as many said is like a double edge sword where it can give you source of income and at the same time make us lose money.

I know many friends who have told me that before playing in a casino, they told me that they see the casino as an ATM and that is a blunder, when they played Sometimes they won somehow and they told me, but I really didn't tell them anything, I just told them that I was happy but to be very careful, and after a while, at least 6 months later, I would see them again and they would tell me that They had left the casino because they lost a lot of money, that this is a vice, that they lent money and that they are still paying it off, the good thing is that they are working normally and paying their debts.

I guess this friends that told you casino i like an atm machine is now suffering short of resources because they now suffer losing streak and as you stated lost a lot. Everyone must know that gambling result is random worst, in the long run favors the house especially when the house edge kicked in.

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