No bet is a waste - page 23. | Bitcointalksearch.org

Reatim

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Quote from: Accardo on March 24, 2023, 12:34:12 PM

Quote from: Reatim on March 23, 2023, 09:42:51 PM

Quote from: RILWAN on March 23, 2023, 03:38:40 PM

No matter what the outcome of the bet is someone must win, so while you are at loss the other man on the other side is winning and keeping up with all the disadvantages, gambling outcome should be taken as a risk and luck. And a double edges sword wins and lose.

but it depend on what game are you playing because if it is about luck base game like for example roulette? you are not playing against other but solely against the gambling site.
but what op means here is that no bet are wasted because even if you lose the money at least you did not miss the fun and that is what we must consider as gambler mate.
remember that we will always lose but at least we will win from fun things inside the game.

Acknowledging the fun is a good quality of an advanced gambler, most players focus mainly on loss or gain that's why they don't enjoy the fun in gambling.

and that made gambling a bad habit because of what they are trying to gain when the truth is fun will give them more.

Quote

When you ask people leaving the gambling house if they enjoyed the game they'll reply no, I lost! such players are considered as level 1 gamblers because they see gambling as a way to make quick money. The moment players begin to view gambling as a fun activity, this thread would be marked correct by all responders.

Sad but true mate, and admit it ? we are also one of those as maybe not always but sometimes lol.

Quote

Moreover, competing with the house and expecting to win all stakes isn't possible. Every game or hit we make on a machine contributes to the outcome of our games; win or lose. If the house wants a player to lose out all their stakes it'll easily drive away the player from the casino, so they have programmed the casino in such a way that we win as we lose money. Therefore enjoying the game, wouldn't hurt our feelings, which will help to enhance the self consciousness of the player to make better decision and study the machine too.

this is the thing that people starts to understand that the ratio of losing/winning is at least 80/20 and that is the true situation in each gambling we made.

rodskee

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Quote from: ethereumhunter on March 28, 2023, 05:30:17 PM

Quote from: CryptoHeadlineNews on March 28, 2023, 03:36:51 PM

Quote from: Fivestar4everMVP on March 28, 2023, 02:38:01 PM

But then, we can not deny the fact that, there are many out there that have taken gambling as a business, they seem to be professionals in it, I have guys like this in my neighborhood, sometimes, I do admire their choice of profession(gambling), but I've always avoided any association with them because, I can't imagine myself taking up gambling as a profession.

And that's the origin where what we call "gambling addiction" gets started because thou there are siding hustles where someone can make money opening a sports betting shop or viewing centers that are gamble related, taking it as a profession is way too extreme, as normally it was meant to be for entertainment and partly for side income, since the outcome of gambling is not always certain, as you can either win or lose today depending on how skillful you are.

If so, they can make a living from gambling and are not a gambler but casino owners. This is different from a gambler, where a gambler uses his money to bet where the outcome is uncertain. But the casino owner place can make money by managing the betting place. And when a gambler places a bet, they think it's not a wasted bet because they still hope they can win some money even though, in the end, defeat will come to them more often.

but the big difference is that the Casino owners are mostly rich people while Gamblers are mostly(not all of course) are only small time that seek their luck to become rich.

But it is indeed that the mindset must be changing and they need to have that belief to attain the goal, not to become a gambler instead to become a business people.

LUCKMCFLY

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Quote from: Maxre on March 18, 2023, 01:31:41 PM

In my opinion every body has their own aspects regarding Bets. And I think that 90% of people do not know about what is actual meaning of Betting.
In my view Betting is odd of winning my mean probability. If you know more than 50% probability of winning that is called betting.
And if you do blind bet than that is not called getting. And that's why betting should be more fareable.

I did not know about these Concepts, sometimes it is very difficult to have a 50% chance, where I see it most feasible is in sports betting, and that is because one draws conclusions based on what one knows, for me I particularly like betting on soccer, because I follow the most important leagues in the world and I know that With that knowledge you can do a lot, however I have been very wrong in some soccer matches that seem to be very safe and no, you end up winning the other Team, and sometimes I don't understand what is happening.

virasog

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Quote from: klidex on March 28, 2023, 05:35:41 PM

Quote from: CryptoHeadlineNews on March 28, 2023, 03:36:51 PM

Quote from: Fivestar4everMVP on March 28, 2023, 02:38:01 PM

But then, we can not deny the fact that, there are many out there that have taken gambling as a business, they seem to be professionals in it, I have guys like this in my neighborhood, sometimes, I do admire their choice of profession(gambling), but I've always avoided any association with them because, I can't imagine myself taking up gambling as a profession.

And that's the origin where what we call "gambling addiction" gets started because thou there are siding hustles where someone can make money opening a sports betting shop or viewing centers that are gamble related, taking it as a profession is way too extreme, as normally it was meant to be for entertainment and partly for side income, since the outcome of gambling is not always certain, as you can either win or lose today depending on how skillful you are.

And all of this is driven by a gambling strategy to give customers big wins so that they become even more addicted.
As we feel today we bet to win $ 500, indirectly our psychology will change and return to gambling the next day with hopes of more than $ 500.
But in reality they lose more and end up chasing losses and become addicted.

This immature behavior by gamblers is usually the fuel for the gambling casino and that is the reason why owning a gambling casino is the most profitable business. The gamblers are unable to control their emotions and gambling sites utilize this to their own favor. They give such bonuses and offers which compel gamblers to keep on playing even if they are constantly losing.

I would add to the OP statement that "" No Gambling Casino is a Waste" Cool

klidex

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Quote from: CryptoHeadlineNews on March 28, 2023, 03:36:51 PM

Quote from: Fivestar4everMVP on March 28, 2023, 02:38:01 PM

But then, we can not deny the fact that, there are many out there that have taken gambling as a business, they seem to be professionals in it, I have guys like this in my neighborhood, sometimes, I do admire their choice of profession(gambling), but I've always avoided any association with them because, I can't imagine myself taking up gambling as a profession.

And that's the origin where what we call "gambling addiction" gets started because thou there are siding hustles where someone can make money opening a sports betting shop or viewing centers that are gamble related, taking it as a profession is way too extreme, as normally it was meant to be for entertainment and partly for side income, since the outcome of gambling is not always certain, as you can either win or lose today depending on how skillful you are.

And all of this is driven by a gambling strategy to give customers big wins so that they become even more addicted.
As we feel today we bet to win $ 500, indirectly our psychology will change and return to gambling the next day with hopes of more than $ 500.
But in reality they lose more and end up chasing losses and become addicted.

ethereumhunter

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Quote from: CryptoHeadlineNews on March 28, 2023, 03:36:51 PM

Quote from: Fivestar4everMVP on March 28, 2023, 02:38:01 PM

But then, we can not deny the fact that, there are many out there that have taken gambling as a business, they seem to be professionals in it, I have guys like this in my neighborhood, sometimes, I do admire their choice of profession(gambling), but I've always avoided any association with them because, I can't imagine myself taking up gambling as a profession.

And that's the origin where what we call "gambling addiction" gets started because thou there are siding hustles where someone can make money opening a sports betting shop or viewing centers that are gamble related, taking it as a profession is way too extreme, as normally it was meant to be for entertainment and partly for side income, since the outcome of gambling is not always certain, as you can either win or lose today depending on how skillful you are.

If so, they can make a living from gambling and are not a gambler but casino owners. This is different from a gambler, where a gambler uses his money to bet where the outcome is uncertain. But the casino owner place can make money by managing the betting place. And when a gambler places a bet, they think it's not a wasted bet because they still hope they can win some money even though, in the end, defeat will come to them more often.

danadc

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Quote from: AicecreaME on March 28, 2023, 10:39:24 AM

Quote from: Solosanz on March 28, 2023, 09:31:00 AM

Quote from: rby on March 24, 2023, 07:51:12 AM

Then what makes it gambling is that your favourite team or your favourite fighter does not always win. What makes it gambling is when 1.38 odds refused to play and 14 odds play.
But a gambler who gambles based on their selection of favourite team or fighter would make a bad gambling. You need to check the form, the emotion and conditions of your favourite before you employ them in your betting slip.
Technical, I high level risk bet without research can be regarded as a waste.

It's true not all favorite team or fighter will always win and that's why don't force to bet on every match, just focus to analysis on the fight where the underdog is high likely will win since they're capable to beat the favorite side. A clever bettor will be selective to bet on an underdog, of he bet on favorite team or fighter more than one match aka parlay bet. If you bet on favorite team or fighter, you don't need any research, do you think the @Op make a research?

Well, it doesn't necessarily mean that you bet on your favorite team, then you're guaranteed a win. It doesn't work that way. You need to take into consideration many factors such as the updated status of the team of your choice and its players. Because you don't want to just waste and lose money over uncalculated risk. Emotions shouldn't be in your way in making decisions to oversee all the possible angles and situation where they could win or lose.

Analysis of the previous fights especially the most recent ones is needed in order to tell whether if it is still worth the bet or not. Research is crucial whether you are going to bet on your favorite team or other teams to ensure your percentage in winning. It will be stupid if you'll be impulsive because of over confidence.

Sometimes when I bet I do it on what I half know, for example when it was the World Cup I bet on the teams that have always been cgood like Argentina, Brazil, and they also made me lose, and that Argentina won, with the team The only thing I lost was when they lost to Saudi Arabia and I never thought they were going to do it, the ones I surrounded myself with were guys who are always aware of football and are big fans and with everything they knew they lost a lot of money making those bets, that from then on it no longer seemed safe to me.

CryptoHeadlineNews

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Quote from: Fivestar4everMVP on March 28, 2023, 02:38:01 PM

But then, we can not deny the fact that, there are many out there that have taken gambling as a business, they seem to be professionals in it, I have guys like this in my neighborhood, sometimes, I do admire their choice of profession(gambling), but I've always avoided any association with them because, I can't imagine myself taking up gambling as a profession.

And that's the origin where what we call "gambling addiction" gets started because thou there are siding hustles where someone can make money opening a sports betting shop or viewing centers that are gamble related, taking it as a profession is way too extreme, as normally it was meant to be for entertainment and partly for side income, since the outcome of gambling is not always certain, as you can either win or lose today depending on how skillful you are.

Fivestar4everMVP

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Quote from: mak013 on March 28, 2023, 02:29:00 PM

Quote from: Gozie51 on March 27, 2023, 06:13:29 AM

Quote from: mak013 on March 27, 2023, 04:21:12 AM

For me gambling is mostly a way to relax. When i want to visit the football match i`m paying for the ticket, something, that i buy at the stadium. The gambling is the same for me - the money i lose is like buying a ticket for me.

Gambling is like a habit that one has and with habit you inch to carry it out with out your own control. So paying for ticket on a football match is not always all the time but gambling is done all the time. Gambling is not for only fun but for financial gain that will come of it. You can watch games without attaching money to it but if money is attached then you are gambling it to gain pecuniary benefit on it because when it doesn't go your way then you are forfeiting something which is the money used in gambling and one way depending on the consistency of loses, we do feel it when we lose.

I`m in such kind of gambling about 10-15 years and still gamble when i want. And i don`t want to gamble more often. This is my way of relax. And i can`t say that gambling for me costs much more than 2 football matches per month. All people are different, and something that is good for me, can be not so good(at least) for someone else.

You are absolutely correct, for me too, gambling is mu way of relaxing, though it's not something I do everyday, though there are times when if I don't feel like spending money on gambling, I still play slot games in demo/free mode.

But then, we can not deny the fact that, there are many out there that have taken gambling as a business, they seem to be professionals in it, I have guys like this in my neighborhood, sometimes, I do admire their choice of profession(gambling), but I've always avoided any association with them because, I can't imagine myself taking up gambling as a profession.

mak013

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Quote from: Gozie51 on March 27, 2023, 06:13:29 AM

Quote from: mak013 on March 27, 2023, 04:21:12 AM

For me gambling is mostly a way to relax. When i want to visit the football match i`m paying for the ticket, something, that i buy at the stadium. The gambling is the same for me - the money i lose is like buying a ticket for me.

Gambling is like a habit that one has and with habit you inch to carry it out with out your own control. So paying for ticket on a football match is not always all the time but gambling is done all the time. Gambling is not for only fun but for financial gain that will come of it. You can watch games without attaching money to it but if money is attached then you are gambling it to gain pecuniary benefit on it because when it doesn't go your way then you are forfeiting something which is the money used in gambling and one way depending on the consistency of loses, we do feel it when we lose.

I`m in such kind of gambling about 10-15 years and still gamble when i want. And i don`t want to gamble more often. This is my way of relax. And i can`t say that gambling for me costs much more than 2 football matches per month. All people are different, and something that is good for me, can be not so good(at least) for someone else.

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Quote from: Solosanz on March 28, 2023, 09:31:00 AM

Quote from: rby on March 24, 2023, 07:51:12 AM

Then what makes it gambling is that your favourite team or your favourite fighter does not always win. What makes it gambling is when 1.38 odds refused to play and 14 odds play.
But a gambler who gambles based on their selection of favourite team or fighter would make a bad gambling. You need to check the form, the emotion and conditions of your favourite before you employ them in your betting slip.
Technical, I high level risk bet without research can be regarded as a waste.

It's true not all favorite team or fighter will always win and that's why don't force to bet on every match, just focus to analysis on the fight where the underdog is high likely will win since they're capable to beat the favorite side. A clever bettor will be selective to bet on an underdog, of he bet on favorite team or fighter more than one match aka parlay bet. If you bet on favorite team or fighter, you don't need any research, do you think the @Op make a research?

Well, it doesn't necessarily mean that you bet on your favorite team, then you're guaranteed a win. It doesn't work that way. You need to take into consideration many factors such as the updated status of the team of your choice and its players. Because you don't want to just waste and lose money over uncalculated risk. Emotions shouldn't be in your way in making decisions to oversee all the possible angles and situation where they could win or lose.

Analysis of the previous fights especially the most recent ones is needed in order to tell whether if it is still worth the bet or not. Research is crucial whether you are going to bet on your favorite team or other teams to ensure your percentage in winning. It will be stupid if you'll be impulsive because of over confidence.

Solosanz

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Quote from: rby on March 24, 2023, 07:51:12 AM

Then what makes it gambling is that your favourite team or your favourite fighter does not always win. What makes it gambling is when 1.38 odds refused to play and 14 odds play.
But a gambler who gambles based on their selection of favourite team or fighter would make a bad gambling. You need to check the form, the emotion and conditions of your favourite before you employ them in your betting slip.
Technical, I high level risk bet without research can be regarded as a waste.

It's true not all favorite team or fighter will always win and that's why don't force to bet on every match, just focus to analysis on the fight where the underdog is high likely will win since they're capable to beat the favorite side. A clever bettor will be selective to bet on an underdog, of he bet on favorite team or fighter more than one match aka parlay bet. If you bet on favorite team or fighter, you don't need any research, do you think the @Op make a research?

Twentyonepaylots

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Quote from: Mate2237 on March 27, 2023, 02:44:59 PM

Quote from: RILWAN on March 26, 2023, 01:55:41 PM

O yeah, we win some we lose some that are the way the game goes, I have been gambling for a while now, and frankly speaking,3 I don't feel bad when the bet doesn't go my way, but then I am also able to set a limit to the number of bets I make so that I can control my feelings when the bet donts go my way.

Real gamblers have nothing to do with their losses. They use it to encourage themselves in the next bet. So for them no gamble is a waste, there is always hope to win the next game to cover the previous losses. Losing and winning is part of a real gambler. That is why when they win unexpected they are very happy. But the less minded gamblers is afraid to face losses. A life time gambler does not expect all time win because he does that definitely he would lose games and win some. And all gamblers are gambling to win and not to lose but losing is unpredictable.

I agree with all of this since as a gambler you should always be ready mentally for what to happen. They should know their limits in terms of financial and capacity to handle big emotions especially with losing. Loss is indeed unpredictable since gambling is a game of luck, there are times that you win, lose or breakeven. I think a skilled gambler have a great way of handling emotions since when we let emotion take over our actions, it doesn't result in good things. Gambling involves a lot of emotion, so just be ready to experience and control those.

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Quote from: ethereumhunter on March 28, 2023, 06:36:24 AM

Quote from: slapper on March 26, 2023, 04:15:18 AM

Keeping emotions in check while betting is a real smart move. When we're all chasing losses, it can turn into an addiction and cost us a fortune. People gotta learn to chill, play it cool, and not let feelings call the shots.

Funny enough, research tells us that those who got a grip on their emotions find success in different life aspects. So, this emotional control game ain't just for gambling, it's for our everyday lives too. Helps us make wiser choices and score better results. And hey, staying relaxed and mindful while playing just adds to the fun – which is what we're here for, right?

But mastering emotions can indeed succeed because by controlling emotions or being calm, we can find a way out of every problem and won't make wrong decisions. We will be able to make wise choices based on the situation by always paying attention to the risks of each decision we make. And it also has to do with gambling, where if we are not calm or can't control our emotions, we can use more money where we can't always win.

And when we use that much money, we can be tempted to increase the number of bets, making us experience big losses. That's why we must be able to control our emotions and always stay calm so we don't experience things we don't want.

Quote from: mak013 on March 26, 2023, 09:47:28 AM

It is interesting moment. I`m in gambling for emotions and i can get positive emotions even if i lose money. But it is a problem for some gamblers, you`re right. The casino get money from such gamblers. The gamblers who play without emotions don`t bring casino money, gamblers like me - bring, but not many. And these gamblers, who try to bet again and again - lose everything.

Not everyone can use their emotions to become positive; instead, many people use their emotions to get a win they don't get in the end. Instead, they experience many defeats because they lose control of themselves and experience increased emotions that are not good for them. Gamblers who can gamble without emotion can enjoy gambling as much as it is entertainment so they will not regret having lost some money. And we as gamblers, should also be able to treat gambling as entertainment that gives pleasure.

Many gamblers has missed it while gambling because of being too emotional either by over anxiety, over excitement, over curious or over confidence, the make bets they would have ended up winning and loose every effort rendered just because of a slight mistake that resulted from the inability to control one's emotions, this same indisciplined attitude in gambling is what led others to getting addicted as well.

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Quote from: Ebede on March 27, 2023, 05:50:34 PM

Quote from: Desmong on March 27, 2023, 05:09:17 PM

Quote from: Newlifebtc on March 27, 2023, 04:46:16 PM

In this aspect it is good for someone to know exactly the particular fight that is going to bed because betting have to deal with their platform and if you don't cross-check your platform you want to know the important and the reputation of that particular platform so I believe that why we lose in site is based on inability to make a proper research in that particular site

When we put attention to what we are doing we are going to know whether what we are doing is good or not.
It is better for us to test so many different games to know the ones that we are good in or will be giving a lots of money. To make money these can be very competitive and challenging if we don't know how to go about it. Making betting and winning is another probs.

there is no way you can no a platform that will give you a prophet or not but what is important is to know the legitimate platform that have a reputation hooch when you bet and win you can be able to have what from the platform that is the most important thing in a given platform

and it is obvious that this is not the platform bellow your signature , because there is no chance that it can be called legitimate ? Grin

____________________________________________

Gaming or gambling needs trust and risk , meaning while you wanted to win then you also expect losing and that is how the gambling activity must go.

ethereumhunter

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Quote from: slapper on March 26, 2023, 04:15:18 AM

Keeping emotions in check while betting is a real smart move. When we're all chasing losses, it can turn into an addiction and cost us a fortune. People gotta learn to chill, play it cool, and not let feelings call the shots.

Funny enough, research tells us that those who got a grip on their emotions find success in different life aspects. So, this emotional control game ain't just for gambling, it's for our everyday lives too. Helps us make wiser choices and score better results. And hey, staying relaxed and mindful while playing just adds to the fun – which is what we're here for, right?

But mastering emotions can indeed succeed because by controlling emotions or being calm, we can find a way out of every problem and won't make wrong decisions. We will be able to make wise choices based on the situation by always paying attention to the risks of each decision we make. And it also has to do with gambling, where if we are not calm or can't control our emotions, we can use more money where we can't always win.

And when we use that much money, we can be tempted to increase the number of bets, making us experience big losses. That's why we must be able to control our emotions and always stay calm so we don't experience things we don't want.

Quote from: mak013 on March 26, 2023, 09:47:28 AM

It is interesting moment. I`m in gambling for emotions and i can get positive emotions even if i lose money. But it is a problem for some gamblers, you`re right. The casino get money from such gamblers. The gamblers who play without emotions don`t bring casino money, gamblers like me - bring, but not many. And these gamblers, who try to bet again and again - lose everything.

Not everyone can use their emotions to become positive; instead, many people use their emotions to get a win they don't get in the end. Instead, they experience many defeats because they lose control of themselves and experience increased emotions that are not good for them. Gamblers who can gamble without emotion can enjoy gambling as much as it is entertainment so they will not regret having lost some money. And we as gamblers, should also be able to treat gambling as entertainment that gives pleasure.

Ebede

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Quote from: Desmong on March 27, 2023, 05:09:17 PM

Quote from: Newlifebtc on March 27, 2023, 04:46:16 PM

In this aspect it is good for someone to know exactly the particular fight that is going to bed because betting have to deal with their platform and if you don't cross-check your platform you want to know the important and the reputation of that particular platform so I believe that why we lose in site is based on inability to make a proper research in that particular site

When we put attention to what we are doing we are going to know whether what we are doing is good or not.
It is better for us to test so many different games to know the ones that we are good in or will be giving a lots of money. To make money these can be very competitive and challenging if we don't know how to go about it. Making betting and winning is another probs.

there is no way you can no a platform that will give you a prophet or not but what is important is to know the legitimate platform that have a reputation hooch when you bet and win you can be able to have what from the platform that is the most important thing in a given platform

Desmong

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Quote from: Newlifebtc on March 27, 2023, 04:46:16 PM

In this aspect it is good for someone to know exactly the particular fight that is going to bed because betting have to deal with their platform and if you don't cross-check your platform you want to know the important and the reputation of that particular platform so I believe that why we lose in site is based on inability to make a proper research in that particular site

When we put attention to what we are doing we are going to know whether what we are doing is good or not.
It is better for us to test so many different games to know the ones that we are good in or will be giving a lots of money. To make money these can be very competitive and challenging if we don't know how to go about it. Making betting and winning is another probs.

Newlifebtc

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In this aspect it is good for someone to know exactly the particular fight that is going to bed because betting have to deal with their platform and if you don't cross-check your platform you want to know the important and the reputation of that particular platform so I believe that why we lose in site is based on inability to make a proper research in that particular site

Desmong

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Quote from: Ojima-ojo on March 26, 2023, 12:22:12 PM

Quote from: RILWAN on March 26, 2023, 11:52:39 AM

Ops made a very valid point in his statement on the condition a gambler should be i whatever direction be it lose a win, and this mentality will help build good motivation in the mind of the players some time we may feel down when we lose but actually, in reality, we win-win.

But seriously you can't be serious right now, because I don't see gambling as a win vs win adventure After all, the outcome of gambling games is mostly controlled by the casino since their systems are designed in such a way.

If you said when we lose, we learn vital gambling lessons you may be right, so when you lose money, you gain experience.

The outcome of a bet is not mostly controlled by the casino, it all depends on the kind of bet we are doing whether it is the one where a betting platform would have full edge over the winnings or the one whether winning a bet is not demined by the betting platform. We need to know what we are doing before we start complaining later of our mistakes. There is not way you will bet on sport and a casino would determine the outcome.

Topic: No bet is a waste - page 23. (Read 5416 times)