Never Expect Consistent Winnings From Gambling - A Lesson I Learnt. - page 2.

ethereumhunter

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Quote from: lienfaye on May 28, 2023, 05:08:38 AM

It's quite easy to say to just gamble for fun, but the truth is, majority of gamblers are playing to win and have a decent profit. The reason why many people are getting interested to try gambling because of the huge win that some gamblers won through playing. Well, it's your own money so you can do what you want. However let's always keep in mind that gambling is a game of luck and a gambler should know the risk before playing to have less expectation.

Nevertheless, just like what stated in op, why do we have to learn from our own mistake if we can learn from other mistakes so we can prevent ourselves committing such. It's a good point and can be applied in gambling so we can prevent ourselves becoming addicted due to lack of control and the wrong thinking that gambling can give a consistent profit.

Yes, reality will not match what is said and there are already many gamblers who initially just want to have fun, instead they fall into gambling and many also experience gambling addiction. Those who try to play gambling are tempted to get fast money without understanding the risks they have to face. And more people will get addicted to gambling if they can't control themselves.

We must learn from our mistakes and the mistakes of others so that they can serve as a reminder for us not to make the same mistakes. And don't ever think that gambling can give you a lot of money because that will make us lose control and eventually experience gambling addiction.

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Quote from: wiss19 on May 28, 2023, 01:49:24 AM

Quote from: darewaller on May 25, 2023, 01:44:04 PM

Quote from: serjent05 on May 22, 2023, 03:23:34 PM

The effects of gambling on player are dependent on how the player manage his gambling activity. Gambling is not a bad thing if viewed as a form of entertainment and the person is in control of himself. Though I disagree with @OP that gambling is not a business, I would say in a player's part that gambling shouldn't be viewed as a source of income that can replace our job. Gambling result is always random and we might experience a green streak today but there is no guarantee that it will continue to be green streak tomorrow. Those who are caught in the thought of gambling is a good source of income often ends up with nothing in hand.

If a player has a control in their gambling activities. The effect of gambling to them are purely positive like they will release their stress and it can also allows them to earn a profit. Like many are saying, it's easy to earn money in gambling but the hardest part is stopping, which was true. I can prove it as I am one of the pioneers in gambling.

A business can also be an activity but as long as it earns you money and each business has their own down times too. Some can even fail miserably. I guess gambling can be classify as one because sometimes we can also earn money in gambling, more if we have a skill and we play games which skills can matter.

That comparison between gambling and a business was a poor one, to be honest. How could you possibly compare gambling which is totally a game of luck with a business which runs on your efforts and hard work? Even if a business can have its bad days, it is still not comparable with gambling because you can barely have good days in gambling and you barely have bad days in a business if you know how to run it well.

And, it is definitely not easy to make money from gambling, ask that from a gambling addict who spends most of his time in a casino and has gambled away almost everything he had only to gain something, ask him whether it is easy to make money from gambling or not.

What? You're equating gambling to managing a company? What a ridiculous overreach! Both involve potential losses and gains, but comparing the two is like claiming that driving a car and piloting a rocket are equivalent since both get you where you need to go. Managing a company? Analysis of the market, budgeting, and planning are the key concepts here. Gambling? A coin flip, a spin of the roulette wheel, or a card flip could decide the outcome. Do you get my point?

Consider the societal impact as well. A strong business ensures employment, an active economy, and other societal benefits. A successful gambler might be able to. And the notion that gambling is a simple way to get money fast? This is completely incorrect. The house has a built-in advantage in any situation. In my non-scientific opinion, that's terrible news for the bettor.

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Quote from: lienfaye on May 28, 2023, 05:08:38 AM

Quote from: ethereumhunter on May 26, 2023, 03:55:49 AM

Quote from: YinShuiSiYuan on May 26, 2023, 03:23:20 AM

Uncertainty and risks ups and downs are part of life and go in gambling there is no surety of your winning 💯 times .
So while going for that prepare yourself for the losses too and don't get depressed over anything. This is like a game for fun time you can win and you can loose anytime .

If people thought that way, we wouldn't see them getting addicted to gambling. But sadly, they play gambling to try to make money which will not work. Well, it may work for a minority of people but others will only lose and will not be able to recover their losses. There is no guarantee of winning. That's what we must remember because gambling is just for fun and doesn't make it a place to make money. And if people could stop themselves from gambling, they would see how much money they could save. So we can't expect continuous wins from gambling so we can only use gambling for fun.

It's quite easy to say to just gamble for fun, but the truth is, majority of gamblers are playing to win and have a decent profit. The reason why many people are getting interested to try gambling because of the huge win that some gamblers won through playing. Well, it's your own money so you can do what you want. However let's always keep in mind that gambling is a game of luck and a gambler should know the risk before playing to have less expectation.

Nevertheless, just like what stated in op, why do we have to learn from our own mistake if we can learn from other mistakes so we can prevent ourselves committing such. It's a good point and can be applied in gambling so we can prevent ourselves becoming addicted due to lack of control and the wrong thinking that gambling can give a consistent profit.

we can not depend on gambling for the money all the time.
many religion donot like gambling and they dont gamble - and avoid it at any cost. But those who fell contented and like gambling and is lucky to win. Should go for it!

lienfaye

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Quote from: ethereumhunter on May 26, 2023, 03:55:49 AM

Quote from: YinShuiSiYuan on May 26, 2023, 03:23:20 AM

Uncertainty and risks ups and downs are part of life and go in gambling there is no surety of your winning 💯 times .
So while going for that prepare yourself for the losses too and don't get depressed over anything. This is like a game for fun time you can win and you can loose anytime .

If people thought that way, we wouldn't see them getting addicted to gambling. But sadly, they play gambling to try to make money which will not work. Well, it may work for a minority of people but others will only lose and will not be able to recover their losses. There is no guarantee of winning. That's what we must remember because gambling is just for fun and doesn't make it a place to make money. And if people could stop themselves from gambling, they would see how much money they could save. So we can't expect continuous wins from gambling so we can only use gambling for fun.

It's quite easy to say to just gamble for fun, but the truth is, majority of gamblers are playing to win and have a decent profit. The reason why many people are getting interested to try gambling because of the huge win that some gamblers won through playing. Well, it's your own money so you can do what you want. However let's always keep in mind that gambling is a game of luck and a gambler should know the risk before playing to have less expectation.

Nevertheless, just like what stated in op, why do we have to learn from our own mistake if we can learn from other mistakes so we can prevent ourselves committing such. It's a good point and can be applied in gambling so we can prevent ourselves becoming addicted due to lack of control and the wrong thinking that gambling can give a consistent profit.

wiss19

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Quote from: darewaller on May 25, 2023, 01:44:04 PM

Quote from: serjent05 on May 22, 2023, 03:23:34 PM

The effects of gambling on player are dependent on how the player manage his gambling activity. Gambling is not a bad thing if viewed as a form of entertainment and the person is in control of himself. Though I disagree with @OP that gambling is not a business, I would say in a player's part that gambling shouldn't be viewed as a source of income that can replace our job. Gambling result is always random and we might experience a green streak today but there is no guarantee that it will continue to be green streak tomorrow. Those who are caught in the thought of gambling is a good source of income often ends up with nothing in hand.

If a player has a control in their gambling activities. The effect of gambling to them are purely positive like they will release their stress and it can also allows them to earn a profit. Like many are saying, it's easy to earn money in gambling but the hardest part is stopping, which was true. I can prove it as I am one of the pioneers in gambling.

A business can also be an activity but as long as it earns you money and each business has their own down times too. Some can even fail miserably. I guess gambling can be classify as one because sometimes we can also earn money in gambling, more if we have a skill and we play games which skills can matter.

That comparison between gambling and a business was a poor one, to be honest. How could you possibly compare gambling which is totally a game of luck with a business which runs on your efforts and hard work? Even if a business can have its bad days, it is still not comparable with gambling because you can barely have good days in gambling and you barely have bad days in a business if you know how to run it well.

And, it is definitely not easy to make money from gambling, ask that from a gambling addict who spends most of his time in a casino and has gambled away almost everything he had only to gain something, ask him whether it is easy to make money from gambling or not.

ethereumhunter

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Quote from: YinShuiSiYuan on May 26, 2023, 03:23:20 AM

Uncertainty and risks ups and downs are part of life and go in gambling there is no surety of your winning 💯 times .
So while going for that prepare yourself for the losses too and don't get depressed over anything. This is like a game for fun time you can win and you can loose anytime .

If people thought that way, we wouldn't see them getting addicted to gambling. But sadly, they play gambling to try to make money which will not work. Well, it may work for a minority of people but others will only lose and will not be able to recover their losses. There is no guarantee of winning. That's what we must remember because gambling is just for fun and doesn't make it a place to make money. And if people could stop themselves from gambling, they would see how much money they could save. So we can't expect continuous wins from gambling so we can only use gambling for fun.

YinShuiSiYuan

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Uncertainty and risks ups and downs are part of life and go in gambling there is no surety of your winning 💯 times .
So while going for that prepare yourself for the losses too and don't get depressed over anything. This is like a game for fun time you can win and you can loose anytime .

Silberman

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Quote from: madnessteat on May 25, 2023, 02:48:29 PM

I wouldn't confuse business with gambling because they are two completely different areas. If you are a professional in some business and know how to count, it is quite difficult to go bankrupt. In gambling a lot depends on luck and not on your skills, so no matter how professional you are, if you get hold of a bad card you just lose, no matter how much you want the opposite. Of course something unexpected can happen to a business, like a sudden drop in demand for many products, as was the case during the pandemic, but the likelihood of that happening is pretty low.

It is true that running a business is completely different than gambling, but at the same time there are some techniques which gamblers use which can be applied to a business in order to run it, and one of those techniques is money management, many businesses these days are run with the idea of maximizing the profits they can give to their owner, and while this may seem to be the most natural thing to do, many businesses do this by increasing their risk in a significant way, it is because of this so many of them disappeared during the pandemic, a fate which could have been avoided if those people were more conservative in the way they ran their business and decreased the risk of going bankrupt.

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Quote from: darewaller on May 25, 2023, 01:44:04 PM

Quote from: serjent05 on May 22, 2023, 03:23:34 PM

The effects of gambling on player are dependent on how the player manage his gambling activity. Gambling is not a bad thing if viewed as a form of entertainment and the person is in control of himself. Though I disagree with @OP that gambling is not a business, I would say in a player's part that gambling shouldn't be viewed as a source of income that can replace our job. Gambling result is always random and we might experience a green streak today but there is no guarantee that it will continue to be green streak tomorrow. Those who are caught in the thought of gambling is a good source of income often ends up with nothing in hand.

If a player has a control in their gambling activities. The effect of gambling to them are purely positive like they will release their stress and it can also allows them to earn a profit. Like many are saying, it's easy to earn money in gambling but the hardest part is stopping, which was true. I can prove it as I am one of the pioneers in gambling.

A business can also be an activity but as long as it earns you money and each business has their own down times too. Some can even fail miserably. I guess gambling can be classify as one because sometimes we can also earn money in gambling, more if we have a skill and we play games which skills can matter.

I wouldn't confuse business with gambling because they are two completely different areas. If you are a professional in some business and know how to count, it is quite difficult to go bankrupt. In gambling a lot depends on luck and not on your skills, so no matter how professional you are, if you get hold of a bad card you just lose, no matter how much you want the opposite. Of course something unexpected can happen to a business, like a sudden drop in demand for many products, as was the case during the pandemic, but the likelihood of that happening is pretty low.

stomachgrowls

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Quote from: jostorres on May 25, 2023, 07:39:03 AM

Quote from: xSkylarx on May 24, 2023, 05:46:24 AM

Quote from: Crypt0Gore on May 24, 2023, 05:10:50 AM

Some casinos will even stop you from withdrawing your wins because they will believe that something is off, maybe after proper investigation they can allow you to withdraw your funds.

This is really what scared me most because, let's say this will happen and you are extremely lucky and you don't do anything about it, then for sure the possibilities are that they will really lock your account and you can't withdraw, and also, what is fishy if they notice something like that, meaning they are really controlling your winnings? Let's say if the person already won $500 on just that day or that bet, then he should start a losing streak, which means they can really control it.

A trusted and reputable casino will not essentially control your wins and losses since they have a provably-fair system on place and players can always verify their bets if they feel that they are being manipulated, and if they really find out that their bets are actually manipulated, they should simply stop using that platform and warn others too.

A trusted casino will only freeze your account or confiscate your funds if they become suspicious of an activity that might be against their terms and conditions, and even in such a case, if they don't find anything at the end, they should release your account and the funds as well.

And this is where we could be able to see on where we should really be sticking because once we do make ourselves get involved with new sites or something that hasnt established their reputation then possibilities of
rigged games and other stuffs would be there but as for those companies or team who are really that being fair or giving out their best service into the public then rigging or not being fair would be unlikely.
We know that once they would really be bust up on not on being fair would definitely means that it would really be the end of their business. We know that building this type or kind of business wont really be
that cheap which it would be understandable on whats their action that must thing to be done.

This business is for long term and they would really be doing their best as they can on hooking up people to play into their site and as fair as possible. Of course there would really be restrictions or
something that we do call terms and conditions on which a certain user which needed up to be followed or else you do know on whats next.

darewaller

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Quote from: serjent05 on May 22, 2023, 03:23:34 PM

The effects of gambling on player are dependent on how the player manage his gambling activity. Gambling is not a bad thing if viewed as a form of entertainment and the person is in control of himself. Though I disagree with @OP that gambling is not a business, I would say in a player's part that gambling shouldn't be viewed as a source of income that can replace our job. Gambling result is always random and we might experience a green streak today but there is no guarantee that it will continue to be green streak tomorrow. Those who are caught in the thought of gambling is a good source of income often ends up with nothing in hand.

If a player has a control in their gambling activities. The effect of gambling to them are purely positive like they will release their stress and it can also allows them to earn a profit. Like many are saying, it's easy to earn money in gambling but the hardest part is stopping, which was true. I can prove it as I am one of the pioneers in gambling.

A business can also be an activity but as long as it earns you money and each business has their own down times too. Some can even fail miserably. I guess gambling can be classify as one because sometimes we can also earn money in gambling, more if we have a skill and we play games which skills can matter.

jostorres

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Quote from: xSkylarx on May 24, 2023, 05:46:24 AM

Quote from: Crypt0Gore on May 24, 2023, 05:10:50 AM

Some casinos will even stop you from withdrawing your wins because they will believe that something is off, maybe after proper investigation they can allow you to withdraw your funds.

This is really what scared me most because, let's say this will happen and you are extremely lucky and you don't do anything about it, then for sure the possibilities are that they will really lock your account and you can't withdraw, and also, what is fishy if they notice something like that, meaning they are really controlling your winnings? Let's say if the person already won $500 on just that day or that bet, then he should start a losing streak, which means they can really control it.

A trusted and reputable casino will not essentially control your wins and losses since they have a provably-fair system on place and players can always verify their bets if they feel that they are being manipulated, and if they really find out that their bets are actually manipulated, they should simply stop using that platform and warn others too.

A trusted casino will only freeze your account or confiscate your funds if they become suspicious of an activity that might be against their terms and conditions, and even in such a case, if they don't find anything at the end, they should release your account and the funds as well.

Natalim

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Quote from: Woodie on May 22, 2023, 03:05:09 PM

Love the parable used here, but I think both sons have valid answers of what experience is all about because this can be applied in different scenarios. Besides to learn a lesson.. sometimes you have to have first had experience to be able to tell others what you experienced... otherwise curiosity will force you to try something out to get a hard learnt lesson.

It's just that the 2nd son, even if he's much younger than his older brother, he got an instinct that his older brother never had and that's why the father trusted his older brother to him because the father knew that the younger one will be the lighthouse to guide his older brother from steering into the wrong direction.

Quote

And looking at that example of the arrogant gambler, everybody knows that the house always wins, and it gets bad if pride gets to you thinking you are invisible when in reality its all about having a lucky day or run and take what you can...once you are back just know the house will reclaim whats left!

His one sole mistake is the day when he left his job so that he can make gambling his full time job which is definitely not right as not everyone could do that and that's where the domino effect began, even the professional gamblers are still having a bad day but this man, he seems to be arrogant enough because he thinks of himself so highly and forgot the fact about the house advantage as that will always happen at the end of the day no matter how lucky we are.

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Quote from: len01 on May 24, 2023, 09:30:14 AM

even though playing a skill-based game I'm sure there will still be no consistent wins. because skill-based games also still depend on luck and I don't think that luck comes every day in gambling, unless it's a bookie.

I personally have never thought that there is consistently winning in gambling because it is only about luck that will not be repeated many times. You will win when the dealer is giving you a win, if you want to win consistently then the only way is that you have to become a dealer.

Quote from: len01 on May 24, 2023, 09:30:14 AM

if betting at a trusted and reputable casino and luck came my way i think withdrawals would not be a big deal. Unless betting at a new casino is indicated as a scam, there will definitely be problems when you want to withdraw your money and what's worse, your money and account are banned.

Sometimes gambling requires precision in choosing a casino that is trusted and proven to pay when wins come to us, to be honest, I have experienced this, they always make excuses for system disturbances when I want to make a withdrawal, telling me to be patient but the withdrawal doesn't work it was successful and in the end, my account was blocked, this was very emotional.

len01

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Quote from: Crypt0Gore on May 24, 2023, 05:10:50 AM

Consistent winning in what way? There is no way you can keep winning on a online casino unless you are playing a game that is based on skills, and most gambles on casinos are based on luck, so if consistent winning is happening you should be aware that you are just lucky, I don't expect you to keep playing the game while you keep winning, I expect you to take your gains off the gambling platform, if you keep winning to a point, the gambling platform might think you are using something and they will restrict you.

even though playing a skill-based game I'm sure there will still be no consistent wins. because skill-based games also still depend on luck and I don't think that luck comes every day in gambling, unless it's a bookie.

Quote from: Crypt0Gore on May 24, 2023, 05:10:50 AM

Some casinos will even stop you from withdrawing your wins because they will believe that something is off, maybe after proper investigation they can allow you to withdraw your funds.

if betting at a trusted and reputable casino and luck came my way i think withdrawals would not be a big deal. Unless betting at a new casino is indicated as a scam, there will definitely be problems when you want to withdraw your money and what's worse, your money and account are banned.

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Quote from: Crypt0Gore on May 24, 2023, 05:10:50 AM

Consistent winning in what way? There is no way you can keep winning on a online casino unless you are playing a game that is based on skills, and most gambles on casinos are based on luck, so if consistent winning is happening you should be aware that you are just lucky, I don't expect you to keep playing the game while you keep winning, I expect you to take your gains off the gambling platform, if you keep winning to a point, the gambling platform might think you are using something and they will restrict you.

Some casinos will even stop you from withdrawing your wins because they will believe that something is off, maybe after proper investigation they can allow you to withdraw your funds.

It is a mistake if we expect to be able to win continuously in gambling because it is difficult to get. We must feel lucky if we can win at gambling because not many people can win, and no one can win consistently from gambling. And I agree with you that gambling in casinos is based on luck, so if we don't get lucky when we play, we won't be able to win.

And when they play in a big casino, maybe the casino can make a requirement before you can withdraw the winnings. So be prepared if that happens.

xSkylarx

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Quote from: Crypt0Gore on May 24, 2023, 05:10:50 AM

Some casinos will even stop you from withdrawing your wins because they will believe that something is off, maybe after proper investigation they can allow you to withdraw your funds.

This is really what scared me most because, let's say this will happen and you are extremely lucky and you don't do anything about it, then for sure the possibilities are that they will really lock your account and you can't withdraw, and also, what is fishy if they notice something like that, meaning they are really controlling your winnings? Let's say if the person already won $500 on just that day or that bet, then he should start a losing streak, which means they can really control it.

Crypt0Gore

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Consistent winning in what way? There is no way you can keep winning on a online casino unless you are playing a game that is based on skills, and most gambles on casinos are based on luck, so if consistent winning is happening you should be aware that you are just lucky, I don't expect you to keep playing the game while you keep winning, I expect you to take your gains off the gambling platform, if you keep winning to a point, the gambling platform might think you are using something and they will restrict you.

Some casinos will even stop you from withdrawing your wins because they will believe that something is off, maybe after proper investigation they can allow you to withdraw your funds.

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Quote from: Outhue on May 23, 2023, 04:48:10 AM

Consistent winning from online casino is no more a gambling, if this happens to you it's a calling to move out of the online casino straight away, you might not get that lucky playing games for two weeks on such a platform again.

I don't always like letting winning get the best of me, whenever i start winning again and again I stop gambling and click the withdrawal straight, because what will happen next is a high numbers of losses.

It's not the same thing when it comes to losing continuously, when you have no winnings at all, if you keep losing and your threshold for the day is met, just take the loss wholeheartedly and quite for that day.

Consistent winning against the casino is being able to control yourself as a gambler not to get carried away when you feel like you are losing and losing a lot of money, every time I win I always withdraw money just like you did because we won't know by playing the game after winning, I think the funds you will run out if you continue the game.

Quitting gambling is the best way when you win big, even though it's not consistent enough to admit that you won against the casino, that is, against your own desire to bring a lot of money, to gamble, you have to use a healthy mindset, that is, just have fun when you win, then withdraw all the money, that's it. easy enough to do for everyone.

AicecreaME

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Quote from: Cookdata on May 23, 2023, 06:45:33 AM

Quote from: serjent05 on May 22, 2023, 03:23:34 PM

The effects of gambling on player are dependent on how the player manage his gambling activity. Gambling is not a bad thing if viewed as a form of entertainment and the person is in control of himself. Though I disagree with @OP that gambling is not a business, I would say in a player's part that gambling shouldn't be viewed as a source of income that can replace our job. Gambling result is always random and we might experience a green streak today but there is no guarantee that it will continue to be green streak tomorrow. Those who are caught in the thought of gambling is a good source of income often ends up with nothing in hand.

It may seem simple to say that gambling is entertaining, but I believe that addressing gambling addiction goes beyond mere entertainment. Money has a profound effect on one's mentality, and it has the power to alter one's thinking in many ways. One key factor in controlling gambling addiction from its root is addressing the issue of greed. The love of money is inherent in many individuals, and when money enters the equation, it can rapidly change a person's mindset.

As gambler, if one can manage to control the greed within themselves, gambling can be approached as a source of fun and entertainment. However, once greed reaches its peak, gambling ceases to be enjoyable. At that point, gambling becomes solely focused on doubling money, trust me, sports bettors that have incurred debts understand this temptation better.

This is so on point!

Most of the times, people who aspire to have so much are the ones getting addicted in gambling. They view gambling as money making platform to the point wherein sometimes, they abuse it and they go beyond their limits as well to prove something or achieve something. Money is essential for us to survive. However, there should be a limitation as to where we should continue and stop running after it despite it being necessary in our everyday lives. If a gambler can't control his desire for money and if it becomes toxic and suffocating, then the more gambler must guard his mind to avoid being clouded with bad judgments that can bring harm.

Indeed, if a gambler knows his boundaries and can control his emotion, not letting greed to take over, gambling will be enjoyable and profitable at the same time. It's just really a matter of discipline when we talk about money and ways to generate it without losing our identity.

Topic: Never Expect Consistent Winnings From Gambling - A Lesson I Learnt. - page 2. (Read 1462 times)