People are not only gambling to win but they are buying entertainment - page 12.

Baofeng

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Quote from: fortunecrypto on July 10, 2022, 10:12:11 PM

Many of us here will say that we are gambling for entertainment but this is the same reason why compulsive gamblers put in more money they want to feel high, so if you say I gamble for fun does this mean you admit you are buying entertainment to produce adrenalin and endorphins, so you keep on putting more money to get that feeling regardless if you win or lose.

That is part of it I guess, there is no entertainment if you don't spend money. And casino's are the perfect example of it. You play let's say in a land base casino, the moment you step it, adrenaline is already rushing, you see lots of people playing winning big and then some live bands performing, drinks everywhere. And so you are suckered into that energy, you lost control of everything, endorphins shoot up in your body and you are 'high' and wanted to gamble your money.

swogerino

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Quote from: fortunecrypto on July 10, 2022, 10:12:11 PM

This is why casinos are the most profitable industry, many people are not playing to win, they all know that there is a house edge and they will eventually lose but based on the study, people are buying entertainment.

Quote

The first thing to note is that people don’t just gamble for the prospect of winning. Mark Griffiths, a psychologist at Nottingham Trent University who specializes in behavioral addictions points out that gamblers list a wide range of motivations for their habit.

Even when you’re losing while you’re gambling, your body is still producing adrenalin and endorphins – Mark Griffiths, Nottingham Trent University

.

https://www.bbc.com/future/article/20160721-the-buzz-that-keeps-people-gambling

This adrenalin and endorphins are what feed gamblers to gamble more without logical reason even to the point that they have no chance to win.

Many of us here will say that we are gambling for entertainment but this is the same reason why compulsive gamblers put in more money they want to feel high, so if you say I gamble for fun does this mean you admit you are buying entertainment to produce adrenalin and endorphins, so you keep on putting more money to get that feeling regardless if you win or lose.

I don't know if I am doing it but if I am yes I admit it without problems.I feel the need,not urge to gamble just once every week and with small amount of money,not exceeding 100 dollars weekly,I like to play a long session and spend them all in one day no matter if I win or lose,once I think it is time to move on I move on.I am not addicted so based on this I think I am buying entertainment once every week,since the amount I spend is the same as buying a ticket to see a football game in the stadium or going out for a dinner,I am choosing gambling over the other two but without overdoing it,so may be this study is right after all.

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Quote from: bittraffic on July 10, 2022, 10:22:58 PM

We pay for entertainment, gambling is just too expensive for entertainment when people can chose Netflix to watch movie all day.

Quote from: ImThour on July 11, 2022, 01:17:24 AM

Yea, it's fun losing money If you would like to say it that way.
I would rather spend those bills with my friends and family actually enjoying something in real life.

What you do does not detract from the fact that gambling is indeed a form of entertainment.

Gambling gives you an adrenaline rush and winning or losing gives you emotions. Maybe you get them by watching Netflix but if gambling is such a big industry it is precisely because of that, an entertainment that causes a strong emotional impact.

Look at the importance gambling has had in the history of bitcoin, or the importance it has in this forum, it is an activity that cannot be understood only as an attempt to make money.

danherbias07

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It's a no for me.
I want to add fun to the game and at the same time win it. I can say that because I feel the upset emotion whenever I miss just one point, or I lose just one bet from my parlay. That means I really like to win more while fueling the excitement of watching the game.
It's not like I just put the bet there without doing the analysis, so might as well try to increase the chance of winning so that the effort will not be a waste.

ImThour

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Yea, it's fun losing money If you would like to say it that way.
I would rather spend those bills with my friends and family actually enjoying something in real life.
Imagine being a loner and losing thousands and didn't even tell anyone bout it, no flex I would say.

BitcoinPanther

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Quote from: bittraffic on July 10, 2022, 10:22:58 PM

We pay for entertainment, gambling is just too expensive for entertainment when people can chose Netflix to watch movie all day. There is just the urge to gamble and hope to win big and when they lose they still think they are just unlucky and the next day might be lucky.

Not really, every person has their preference like when one person like news than tele series or vice versa. Gamblers have different reasons why they gamble. Like professional gamblers, they gamble because they want to earn money, while others just like what OP stated gamble to have fun. I agree, we buy entertainment when we gamble.

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Quote from: electronicash on July 10, 2022, 10:32:53 PM

the cost of buying this entertainment is limitless, there are millionaires who lost a fortune in gambling. it took a lot of money before they learn because the brains likes the endorphins and dopamines made their billionaire mind spends money.

just like the gamblers, investors also act the same even when the new projects they invest are somewhat unsure or scamy but because they are used to the feeling that the project could be a success, they still buy the new meme tokens even in the bear market.

It is true the monetary costs of gambling can go out of control if you get addicted to it, however those cases are relatively rare as most people can set a budget for their gambling activities and respect it without too much of a problem, and this is because people understand very well the nature of gambling, they are playing against the casino with the odds against them, but that is precisely what makes gambling so interesting, because when you are able to pull a win when you should not be able to do so this makes those wins even more valuable in the eyes of the gamblers.

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The compulsive gambler will use more money to get more fun and, of course, think that using more money will give them a chance to win. But that's not entirely true because their odds will remain the same and even their chances of losing could be bigger, especially if they use more money in each bet.

Unfortunately, people don't use gambling as a tool for fun, thus triggering them to keep playing while hoping for a win. And this will make them addicted in the future, especially if they can't stop gambling for a while and switch to other activities. The desire to win itself will be great when you can win a few spins and instead of stopping your gambling, you are triggered to play gambling again.

mindrust

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People always should gamble for entertainment. Winning is the casino’s job, not the player’s. See Vegas and the other physical casinos in the world, they are all about entertainment. The players always lose money in the long term but the trick is making them feel good about it so they will always come back and lose more. You make them feel good by offering free stuff like snacks and drinks and good looking hostesses.

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Quote from: Davidvictorson on July 10, 2022, 10:59:19 PM

Quote from: fortunecrypto on July 10, 2022, 10:12:11 PM

This is why casinos are the most profitable industry, many people are not playing to win, they all know that there is a house edge and they will eventually lose but based on the study, people are buying entertainment.

I have never thought of gambling in this sense but then I think the researchers may be right. Nowadays, we do most of the things we enjoy doing to be entertained. I get the logic behind the results at least for the land-base casino. Everything about the place is designed to get the customers entertained. From the lights to the sounds of the machine to the smell of the place. They are subliminal stimulation for getting high. I wonder if the result would be the same if the study is conducted on folks who prefer to visit online casinos to land-based casinos.

I'd like to believe it is the same, but the difference is the dopamine effect where online casinos offer perks, ranking wager bonuses, and status just for them to chase winnings, the contest is a big come-on casino like them to feel that they have a chance to win big, and when you win big it's hard to come down to that feeling of dominance, you want the feeling and you want nothing less if an online casino cannot make you play longer they are doing something wrong or the gambler is not tempted at all on these perks.

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Quote from: fortunecrypto on July 10, 2022, 10:12:11 PM

This is why casinos are the most profitable industry, many people are not playing to win, they all know that there is a house edge and they will eventually lose but based on the study, people are buying entertainment.

I have never thought of gambling in this sense but then I think the researchers may be right. Nowadays, we do most of the things we enjoy doing to be entertained. I get the logic behind the results at least for the land-base casino. Everything about the place is designed to get the customers entertained. From the lights to the sounds of the machine to the smell of the place. They are subliminal stimulation for getting high. I wonder if the result would be the same if the study is conducted on folks who prefer to visit online casinos to land-based casinos.

electronicash

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the cost of buying this entertainment is limitless, there are millionaires who lost a fortune in gambling. it took a lot of money before they learn because the brains likes the endorphins and dopamines made their billionaire mind spends money.

just like the gamblers, investors also act the same even when the new projects they invest are somewhat unsure or scamy but because they are used to the feeling that the project could be a success, they still buy the new meme tokens even in the bear market.

Wexnident

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I guess you could consider it as such? Though I don't think it's wrong, I'm guessing those hormones are something natural, not just in gambling, you can probably get it as well from playing different types of games.

I reckon the bad thing here is an excess or letting yourself be swept away by those? In simple terms it's like the feeling of thrill and such. To the point where if you feel it even by a small amount, you just get swept by it immediately.

bittraffic

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We pay for entertainment, gambling is just too expensive for entertainment when people can chose Netflix to watch movie all day. There is just the urge to gamble and hope to win big and when they lose they still think they are just unlucky and the next day might be lucky.

Although we think the house always win, there is a chance to win and the gambling success stories just hard to ignore. Cheesy

fortunecrypto

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This is why casinos are the most profitable industry, many people are not playing to win, they all know that there is a house edge and they will eventually lose but based on the study, people are buying entertainment.

Quote

The first thing to note is that people don’t just gamble for the prospect of winning. Mark Griffiths, a psychologist at Nottingham Trent University who specializes in behavioral addictions points out that gamblers list a wide range of motivations for their habit.

Even when you’re losing while you’re gambling, your body is still producing adrenalin and endorphins – Mark Griffiths, Nottingham Trent University

.

https://www.bbc.com/future/article/20160721-the-buzz-that-keeps-people-gambling

This adrenalin and endorphins are what feed gamblers to gamble more without logical reason even to the point that they have no chance to win.

Many of us here will say that we are gambling for entertainment but this is the same reason why compulsive gamblers put in more money they want to feel high, so if you say I gamble for fun does this mean you admit you are buying entertainment to produce adrenalin and endorphins, so you keep on putting more money to get that feeling regardless if you win or lose.

Topic: People are not only gambling to win but they are buying entertainment - page 12. (Read 2294 times)