Nobody wins in gambling anyway - page 3.

Natalim

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Quote from: BossMacko on May 20, 2019, 04:15:57 AM

There are who wins in gambling they experienced already because for them to win they need to stop at a certain profit. Means they control there emotions to play another round or end game and withdraw profit.

These are long term gamblers, and they can make money in gambling, and it's possible because they are not focus in a luck based games.
Skilled based games like Poker, guys with great skills can win but this game is not played by the majority of gamblers as they want instant results and simple game, and most of the games that has that kind of features are just luck based games, so eventually no one will win in the long run.

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Quote from: goaldigger on December 22, 2018, 04:02:59 AM

So, i recently went to a local gambling place here in our city and i participated in this game called color game. In this game you will choose from five different colors and if you win, your price will be times four of your bet. The chances is obviously 20% and i myself admitted that i get hooked up to it immediately. Who else dont want an easy money by the way. What i observe is that nobody wins in gambling in any other way except if you are the owner of the said stall. Your chances of winning is just 20% and the initiator has 80%. Imagine that big?. Even though they quadruple your money, their winning steak is also higher than what they give to you. Plus, psychologically, if people experienced winning , they will not stop betting until they do not have enough money to bet. On the other hand, if they win, they will return the other day to gamble again. Lucky to them if they win again but most of the time, they are not.

As you told us about game, it is very difficult and also very attractive game, it can be addicted gamblers, but winning is very difficult because this game is pure luck base game. So i guess only few gamblers have won in this game, and mostly they have lost.

BossMacko

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There are who wins in gambling they experienced already because for them to win they need to stop at a certain profit. Means they control there emotions to play another round or end game and withdraw profit.

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Quote from: Woodie on May 19, 2019, 09:28:30 AM

"Nobody" I don't think so!
Smart gamblers who know when to stop usually get away with it with a win,and they are only a few who have walked away with a load full of cash. Examples could be National lottery winners, casino winners and more. But if you chasing losses then you destined to lose.

I wouldn't use the word "usually" here because some readers may think that whether someone wins big or not, depends on a gambler's personality while, in fact, it only depends on luck. The only thing that indeed depends on gambler's personality is how much he/she can lose. If you set limits and don't go over them you will never lose more than a certain amount, an amount which you can afford to lose, and thus will never have problems with gambling. In short, you can "predict" for yourself, what maximum amount you can lose, but you can't predict how much you can win. National lottery winners and winners of various jackpots in casinos certainly don't expect such a big win. And their winning certainly has nothing to do with their personal qualities, and has everything to do with luck.

thin

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Quote from: goaldigger on December 22, 2018, 04:02:59 AM

So, i recently went to a local gambling place here in our city and i participated in this game called color game. In this game you will choose from five different colors and if you win, your price will be times four of your bet. The chances is obviously 20% and i myself admitted that i get hooked up to it immediately. Who else dont want an easy money by the way. What i observe is that nobody wins in gambling in any other way except if you are the owner of the said stall. Your chances of winning is just 20% and the initiator has 80%. Imagine that big?. Even though they quadruple your money, their winning steak is also higher than what they give to you. Plus, psychologically, if people experienced winning , they will not stop betting until they do not have enough money to bet. On the other hand, if they win, they will return the other day to gamble again. Lucky to them if they win again but most of the time, they are not.

If chances to win are 20% and you get prize 4 times bigger than bet, means expected value for win is 0.8. Which is of course in favor of game owner, but at least it is not as bad as 20% you stated. Owner gets expected 0.2 of the bet, but he has expenses to organize game. You can compare this price with a ticket cost to other entertainment.

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Quote from: Cosbycoin on May 19, 2019, 11:33:30 PM

Quote from: emmybd on May 16, 2019, 12:26:17 AM

Gambling is so addictive that if you win a few times then you wouldn't stop betting until you lose all your funds. One or two lucky people win jackpots, but most people come out empty-handed.

I always prefer playing poker and other games which are based on your strategies only then you have the control to give a nice finish to your game. One loses and one win in a game between 2 people but one game of more than two people reflects that the winner is one and losers are many. That is the reason gambling is very risky and therefore if you want to play you should leave luck based games and start strategic games like poker.

We can consider that playing poker game is base on strategies and if you are having a good experienced on this you have a 75% probability in chances of winning. Unlike other online games just like dice, roulette and lottery they are all base on luck gambling games. These gambling games I may not consider to have profit because the house always won probably and all we want here is enjoyment while we are in gambling. But who knows, you are the one who has enough luck to defeat the house and win a huge amount.

Cosbycoin

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Quote from: emmybd on May 16, 2019, 12:26:17 AM

Gambling is so addictive that if you win a few times then you wouldn't stop betting until you lose all your funds. One or two lucky people win jackpots, but most people come out empty-handed.

I always prefer playing poker and other games which are based on your strategies only then you have the control to give a nice finish to your game. One loses and one win in a game between 2 people but one game of more than two people reflects that the winner is one and losers are many. That is the reason gambling is very risky and therefore if you want to play you should leave luck based games and start strategic games like poker.

Woodie

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"Nobody" I don't think so!
Smart gamblers who know when to stop usually get away with it with a win,and they are only a few who have walked away with a load full of cash. Examples could be National lottery winners, casino winners and more. But if you chasing losses then you destined to lose.

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Quote from: bonker on May 19, 2019, 08:42:37 AM

Quote from: Bezobraznike on May 19, 2019, 02:48:12 AM

We are living in the world of illusions. You seemed 20% as a good enough chances to take some profit, but that's is just an illusion. The right thing you said, the house gave you 20% and for itself stayed 80%. You simply were hooked on the illusion that you have good chances for win.
That is happening everywhere in our life, not just gambling. Due to illusions of fast and easy wealthing we got used and manipulated.
The manipulator always wins. It's up to you to give him to manipulate or not.

Greed allow the house to manipulate us but when we use gambling for entertainment then we are not going to get worried about gambling losses,we will just have the feeling of well spend money for our luck test.

That is the hardest part to maintain, the ability to keep gambling as an entertainment purpose. Because our mood can change at any time. But yes, if we treat gambling as our main activity, the end result could be very bad. However, there are indeed gambling games that are unfair especially games being held by strangers in a crowd that usually only last for a few days or a few weeks. So, although if we gamble just for pleasure, we shouldn't gamble carelessly.

bonker

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Quote from: Bezobraznike on May 19, 2019, 02:48:12 AM

We are living in the world of illusions. You seemed 20% as a good enough chances to take some profit, but that's is just an illusion. The right thing you said, the house gave you 20% and for itself stayed 80%. You simply were hooked on the illusion that you have good chances for win.
That is happening everywhere in our life, not just gambling. Due to illusions of fast and easy wealthing we got used and manipulated.
The manipulator always wins. It's up to you to give him to manipulate or not.

Greed allow the house to manipulate us but when we use gambling for entertainment then we are not going to get worried about gambling losses,we will just have the feeling of well spend money for our luck test.

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Quote from: coin-investor on May 19, 2019, 12:37:59 AM

Quote from: goaldigger on December 22, 2018, 04:02:59 AM

So, i recently went to a local gambling place here in our city and i participated in this game called color game. In this game you will choose from five different colors and if you win, your price will be times four of your bet. The chances is obviously 20% and i myself admitted that i get hooked up to it immediately. Who else dont want an easy money by the way. What i observe is that nobody wins in gambling in any other way except if you are the owner of the said stall. Your chances of winning is just 20% and the initiator has 80%. Imagine that big?. Even though they quadruple your money, their winning steak is also higher than what they give to you. Plus, psychologically, if people experienced winning , they will not stop betting until they do not have enough money to bet. On the other hand, if they win, they will return the other day to gamble again. Lucky to them if they win again but most of the time, they are not.

I know this kind of game.but the owner of the stall can also lose if there are 4 bettors and all of them place the same bet on the same color and that color show up, he has 4 bettors that he will pay four times, and if there is a big bettors that bet 1000 and all the other colors only bet 10 and the 1000 bettor color show up, it means the owner will lose, it's rare but it's possible.

I saw some video clip recently where the man puts $80 on some color and went times two then after that first bet, goes home fully loaded. Well this is the odss but if you will see, there are also people who bets in other color with large amount. Even though he paid, still there are some money he can take with him always.

Bezobraznike

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We are living in the world of illusions. You seemed 20% as a good enough chances to take some profit, but that's is just an illusion. The right thing you said, the house gave you 20% and for itself stayed 80%. You simply were hooked on the illusion that you have good chances for win.
That is happening everywhere in our life, not just gambling. Due to illusions of fast and easy wealthing we got used and manipulated.
The manipulator always wins. It's up to you to give him to manipulate or not.

Cherylstar86

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Quote from: jademaxsuy on May 18, 2019, 07:42:21 PM

Winning in totality is difficult to achieve but one can win actually in gambling. There is no point on one will play without having motivation to play and that is to win. I just can't imagine why OP has stated that nobody win in gambling. Probably it is because OP does not gamble so he could not state it correctly why one could not win.

Anyway, I encourage OP to play if he does not play in gambling. For sure there is a huge excitement and win.

The eagerness to win will motivate us to make sensible strategy on playing gamble. Thus, most people who are playing gamble is determined to earn accumulate money and it is about how we deal the situation in order to win with gamble. And I think anyone can win gamble if we are wise enough for every deliberation and accept the conclusion.

coin-investor

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Quote from: goaldigger on December 22, 2018, 04:02:59 AM

So, i recently went to a local gambling place here in our city and i participated in this game called color game. In this game you will choose from five different colors and if you win, your price will be times four of your bet. The chances is obviously 20% and i myself admitted that i get hooked up to it immediately. Who else dont want an easy money by the way. What i observe is that nobody wins in gambling in any other way except if you are the owner of the said stall. Your chances of winning is just 20% and the initiator has 80%. Imagine that big?. Even though they quadruple your money, their winning steak is also higher than what they give to you. Plus, psychologically, if people experienced winning , they will not stop betting until they do not have enough money to bet. On the other hand, if they win, they will return the other day to gamble again. Lucky to them if they win again but most of the time, they are not.

I know this kind of game.but the owner of the stall can also lose if there are 4 bettors and all of them place the same bet on the same color and that color show up, he has 4 bettors that he will pay four times, and if there is a big bettors that bet 1000 and all the other colors only bet 10 and the 1000 bettor color show up, it means the owner will lose, it's rare but it's possible.

xSkylarx

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Quote from: rdluffy on May 18, 2019, 04:10:34 PM

In gambling you have to know that is an algorithm leading the websites for example, you have chances to win or lose
If you are lucky to win and you stop at the right moment, you are smart

There is people (me), who gambling for fun, cryptos of sports in general, I only spend money that I have and will not use for anything else

People that don't win in gambling are greedy and don't have the proper discipline to know when to stop. It is difficult to know the algorithm of a website unless someone may have exploited the system. It is just a matter of discipline to make gambling profitable. Like you, you know when to stop and take home that profit.

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Quote from: jademaxsuy on May 18, 2019, 07:42:21 PM

Winning in totality is difficult to achieve but one can win actually in gambling. There is no point on one will play without having motivation to play and that is to win. I just can't imagine why OP has stated that nobody win in gambling. Probably it is because OP does not gamble so he could not state it correctly why one could not win.

Anyway, I encourage OP to play if he does not play in gambling. For sure there is a huge excitement and win.

We cannot debate if we literally take the words "nobody wins in gambling", because it's impossible.
Yes, we win, but what OP is trying to imply is we will never win in the long run, or the operators are the winners over time.

tsaroz

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Quote from: goaldigger on December 22, 2018, 04:02:59 AM

So, i recently went to a local gambling place here in our city and i participated in this game called color game. In this game you will choose from five different colors and if you win, your price will be times four of your bet. The chances is obviously 20% and i myself admitted that i get hooked up to it immediately. Who else dont want an easy money by the way. What i observe is that nobody wins in gambling in any other way except if you are the owner of the said stall. Your chances of winning is just 20% and the initiator has 80%. Imagine that big?. Even though they quadruple your money, their winning steak is also higher than what they give to you. Plus, psychologically, if people experienced winning , they will not stop betting until they do not have enough money to bet. On the other hand, if they win, they will return the other day to gamble again. Lucky to them if they win again but most of the time, they are not.

The real thing is what you call wining?
You went to some local places with local people, gathered around each other had fun betting money, made money on some bets, lost money on others.
No one was forcing you to go in and no one would stop you from taking your winnings or leaving the game when you are satisfied with your win.
It's all your choice, if you decide to lose back what you've win.

jademaxsuy

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Winning in totality is difficult to achieve but one can win actually in gambling. There is no point on one will play without having motivation to play and that is to win. I just can't imagine why OP has stated that nobody win in gambling. Probably it is because OP does not gamble so he could not state it correctly why one could not win.

Anyway, I encourage OP to play if he does not play in gambling. For sure there is a huge excitement and win.

hahay

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Quote from: rdluffy on May 18, 2019, 04:10:34 PM

In gambling you have to know that is an algorithm leading the websites for example, you have chances to win or lose
If you are lucky to win and you stop at the right moment, you are smart

There is people (me), who gambling for fun, cryptos of sports in general, I only spend money that I have and will not use for anything else

Yes it depends on how they play and bet, because when you can maximize with the money or budget you have to spend in gambling and then you can win then it will be a good profit, but when they play with the money they have in the sense money that can lose and then they still get lost, so it's the same as no one wins in gambling even though you only consider it as entertainment to get fun.

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Quote from: add1ct3dd on May 18, 2019, 04:05:13 PM

Quote from: boyptc on May 18, 2019, 03:57:18 PM

Quote from: add1ct3dd on May 18, 2019, 03:52:20 PM

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Quote from: emmybd on May 16, 2019, 12:26:17 AM

Gambling is so addictive that if you win a few times then you wouldn't stop betting until you lose all your funds. One or two lucky people win jackpots, but most people come out empty-handed.

People who win jackpots comes once in a blue moon. And to say that nobody actually wins in gambling is a word coming from someone that doesn't win anyway.

We win for few times and it's up on how you control your emotion if you want to continue. And if you do, you must be aware of the possible good and bad outcome.

That hitting jackpots are the lucky gamblers, and most of them are smart to act. They knew what would they do with the money they win, it’s more likely they will gambled the 50% of their winning and take out the 50%.

We can't win the jackpot and I myself never win any of it, this is with crypto and non crypto gambling.

50-50 for the usage of the winning, it's not part of my choice anyway but that's possible for some jackpot winners. It's already their money but if I'll win a jackpot, I'll take the portion higher for taking out.

Indeed, taking out with a higher percentage must be the smartest way... and playing the 20-30% of winnings that can win more for that is a good way to do. Well its all depends who the lucky gamblers hits jackpot.

Yep, we don't have anything with that anymore because it's their money.

Quote from: rdluffy on May 18, 2019, 04:10:34 PM

In gambling you have to know that is an algorithm leading the websites for example, you have chances to win or lose
If you are lucky to win and you stop at the right moment, you are smart

There is people (me), who gambling for fun, cryptos of sports in general, I only spend money that I have and will not use for anything else

Yes, it's a smart move when you have already won and you take it out and use it for something that you want. Just moderate your habit, regardless of what other people say that nobody wins in gambling, he probably isn't aware of chances.

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