Pros and Cons of Gambling - page 2. | Bitcointalksearch.org

Distinctin

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Quote from: Sled on January 11, 2022, 05:46:18 PM

Quote from: passwordnow on January 11, 2022, 05:26:30 PM

Quote from: Amuls on January 11, 2022, 07:52:55 AM

If you take it as an entertainment, then have some advantages. But if you take it as a earning source then lots of disadvantages you have to face. Patience is the key to success in gambling. Gambling teaches you how to keep patience. When and how do you take right decision gambling teache you. Worst disadvantage is you lost your emotions and wealth. Day by day you fall in deep depression.

AFAIK, patience is more applicable in investing and trading. IMO even if you're patient in gambling, what's next? are you going to be successful after that? No.
There's so much a lot of things needed for you to have that description of being successful there. It takes a lot of courage for one to be called successful in gambling and the reality is that, not that many sees that success.

The only thing that I could see is that gambling will please someone who has been tired/bored from their job. But if we are talking about earning money from here, well, isn't that possible but it needs luck and knowledge. And so much we can't rely upon in here when income to generating income for the family.

It has to say that addiction is a big problem in gambling but that can be stopped as long as we want to. If we can manage to control ourselves and know our limitations, that is not a problem. We are just making fun in gambling and that was the thing we were supposed to do.

Making money in gambling is possible but this kind of job is not for everyone as only a few are chosen to possess the skills to be successful. Most of us will eventually lose so we just have to enjoy gambling, at least knowing the risk is very important as it will ensure us to be safe even if we lose.

Sled

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Quote from: passwordnow on January 11, 2022, 05:26:30 PM

Quote from: Amuls on January 11, 2022, 07:52:55 AM

If you take it as an entertainment, then have some advantages. But if you take it as a earning source then lots of disadvantages you have to face. Patience is the key to success in gambling. Gambling teaches you how to keep patience. When and how do you take right decision gambling teache you. Worst disadvantage is you lost your emotions and wealth. Day by day you fall in deep depression.

AFAIK, patience is more applicable in investing and trading. IMO even if you're patient in gambling, what's next? are you going to be successful after that? No.
There's so much a lot of things needed for you to have that description of being successful there. It takes a lot of courage for one to be called successful in gambling and the reality is that, not that many sees that success.

The only thing that I could see is that gambling will please someone who has been tired/bored from their job. But if we are talking about earning money from here, well, isn't that possible but it needs luck and knowledge. And so much we can't rely upon in here when income to generating income for the family.

It has to say that addiction is a big problem in gambling but that can be stopped as long as we want to. If we can manage to control ourselves and know our limitations, that is not a problem. We are just making fun in gambling and that was the thing we were supposed to do.

passwordnow

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Quote from: Amuls on January 11, 2022, 07:52:55 AM

If you take it as an entertainment, then have some advantages. But if you take it as a earning source then lots of disadvantages you have to face. Patience is the key to success in gambling. Gambling teaches you how to keep patience. When and how do you take right decision gambling teache you. Worst disadvantage is you lost your emotions and wealth. Day by day you fall in deep depression.

AFAIK, patience is more applicable in investing and trading. IMO even if you're patient in gambling, what's next? are you going to be successful after that? No.
There's so much a lot of things needed for you to have that description of being successful there. It takes a lot of courage for one to be called successful in gambling and the reality is that, not that many sees that success.

Zilon

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Gambling like everything else has it's own pros and cons although the disadvantage is far more compared to its advantages. Going by statistics if we try comparing both the pros and crons we see that at some point addictors keep multipling due to greedy gamblers who wants to get back at their bets. For now I think the only advantage gambling has is it's self employed attributes although it's not a job opportunity but if managed properly it could serve as a means of meeting some needs even with it's risky nature

Lanatsa

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Quote from: goinmerry on January 11, 2022, 04:37:15 PM

Quote from: noormcs5 on January 10, 2022, 12:52:59 PM

Gambling does have some advantages but also it has its disadvantages. It will be better if the pros and cons of gambling be discussed extensively so people especially the newcomers know what they can expect from gambling.

I don't think that by discussing those, newcomers will truly understand it.

Better let them know to themselves the pros and cons of doing gambling while they are doing it. They need to experience the actual feeling of being winning and losing and from there, let's see if what will be the effect of it in the long run.

Will they become responsible? discpline? Only them know.

Not necessary but most of the time it would really be kind of this way on where people do only learn when they do experience for themselves before they would able to learn but its not necessary as

you could able to avoid for yourself if you able to hear or read up others experiences towards gambling.Not all would really be ending up on happy ending specially on a thing
that do matter most with luck.

You would definitely know the pros and cons when you do able to experience it for yourself.

goinmerry

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Quote from: noormcs5 on January 10, 2022, 12:52:59 PM

Gambling does have some advantages but also it has its disadvantages. It will be better if the pros and cons of gambling be discussed extensively so people especially the newcomers know what they can expect from gambling.

I don't think that by discussing those, newcomers will truly understand it.

Better let them know to themselves the pros and cons of doing gambling while they are doing it. They need to experience the actual feeling of being winning and losing and from there, let's see if what will be the effect of it in the long run.

Will they become responsible? discpline? Only them know.

adzino

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Quote from: Saint-loup on January 10, 2022, 01:18:47 PM

It's a joke I guess. I don't think many people posting here play gambling in reality. But to answer your question I would quote an advantage : gambling helps you to understand what chances/risks and probabilities represent in real life and it helps you to evaluate them in a more accurate way.

How is that an advantage? Why would you need to gamble to learn about risks and probability. Gambling doesn't represent anything of those in real life. Gambling doesn't help you evaluate risks in more accurate way. The risks you take gambling is totally different from those you would have taken while doing something else. Gambling depends on completely on luck. If you are doing business with risk, the outcome will depend totally on how you to the business. You have control over the risk. But in gambling you don't. The cons of gambling is way more than that of pros.

TinaK

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Quote from: samcrypto on January 11, 2022, 02:54:42 PM

Gambling is too risky and the pros and cons depends on how you see gambling, but in general gambling are more on the cons since its more on expense than profit which is no guarantee at all. We cannot say gambling is profitable since luck should always be with you and the probability to win on many games is very low especially on slot machines. Know how much risk you can take with gambling, list your own pros and cons and assess it properly to know if its ok to keep on gambling or not.

Exactly, most of them are cons which is very risky on us as gamblers.
In this way, we should put a limit on ourselves most especially when it comes to financial managing which is will be going to ruin your life once you can't control it. As a gambler, these pros and cons are always considered should have full awareness. Be responsible always in gambling because it could destroy your life once you will there.

Fortify

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Quote from: wxa7115 on January 11, 2022, 02:52:02 PM

Quote from: noormcs5 on January 10, 2022, 12:52:59 PM

Everyone here plays gambling. Some win a lot of money, others lose their life saving and most of us are in no profit no loss situation. We win some and lose some and keep on enjoying the game.
Gambling does have some advantages but also it has its disadvantages. It will be better if the pros and cons of gambling be discussed extensively so people especially the newcomers know what they can expect from gambling.

The most obvious pro of gambling is the fun you get with it, obviously there are many ways to entertain yourself in the world of today but there is still something very attractive in gambling a little bit of money once in a while, now when it comes to the cons it depends on how invested you are in the hobby.

If you are just an occasional player then there is almost no con as whatever you pay for your gambling hobby is probably similar to what you would spend with almost any other hobby, however if a person begins to lose control of their gambling then that is when things could get ugly and then you begin to lose massive amounts of cash.

I'd say that there is a certain type of gambling that can be very beneficial to a small set of people. Skilled games, where it is possible to play against other players to gain a foreseeable advantage - whether this is poker, chess or a game of monopoly. Having knowledge of how to calculate odds or strategist against other players can be a powerful skill in life. It can teach you to analyze situations using all available (even if limited) sources of information, whether the means reading "tells" by other players or simply sticking to long term implied odds to almost guarantee a small margin of wins. When to apply pressure to your advantage can be another element of cunning that the right training can teach you and perhaps persistence - it often takes a long time to master any skill, many people will fall. However the first step is distinguishing games where you can gain a real advantage and not an illusion - like 3 card poker games that certain casinos like to push (which are engineered for the house to always win).

hyudien

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There's no need to be a biased thing anymore because it's not just gambling. Everything always has two opposing sides. In our life, there are only 2 good and bad. In any case, it has become a stipulation. Regarding gambling, the pros and cons are common. Moreover, we live in an environment where rules and laws make everything narrow and always limit the freedom we want. whether we want to or not, we have to obey, but sometimes we definitely break these rules for the sake of a desire for satisfaction.

Talking about the pros and cons of gambling will never come to an end, it will continue to go according to its cycle while we are in an environment that has its own rules regarding gambling policy.

What is the solution? nothing, it comes back to us: as long as we gamble not harming other people, as long as the money we get is not from stealing, not from borrowing, everything will not be too big of a problem. what about the risk of defeat? we are adults and what we choose means we have agreed.

That's how simple gambling is for us or for gamblers who are new to gambling. All always have 2 conflicting consequences. It depends on which direction we will choose.

dothebeats

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Cons definitely outweigh the pros of gambling. There'snot much to say about it except that you are bound to lose in gambling in the long run. Sure, you may have been winning a lot on your first few sessions, but after some time, the house will eat at all your winnings and you'll be left with less than what you have before you started. This is why it's important for people to weigh the risks and rewards very thoroughly before engaging in something risky such as gambling.

samcrypto

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Gambling is too risky and the pros and cons depends on how you see gambling, but in general gambling are more on the cons since its more on expense than profit which is no guarantee at all. We cannot say gambling is profitable since luck should always be with you and the probability to win on many games is very low especially on slot machines. Know how much risk you can take with gambling, list your own pros and cons and assess it properly to know if its ok to keep on gambling or not.

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Quote from: noormcs5 on January 10, 2022, 12:52:59 PM

Everyone here plays gambling. Some win a lot of money, others lose their life saving and most of us are in no profit no loss situation. We win some and lose some and keep on enjoying the game.
Gambling does have some advantages but also it has its disadvantages. It will be better if the pros and cons of gambling be discussed extensively so people especially the newcomers know what they can expect from gambling.

The most obvious pro of gambling is the fun you get with it, obviously there are many ways to entertain yourself in the world of today but there is still something very attractive in gambling a little bit of money once in a while, now when it comes to the cons it depends on how invested you are in the hobby.

If you are just an occasional player then there is almost no con as whatever you pay for your gambling hobby is probably similar to what you would spend with almost any other hobby, however if a person begins to lose control of their gambling then that is when things could get ugly and then you begin to lose massive amounts of cash.

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Quote from: noormcs5 on January 11, 2022, 02:19:22 PM

Quote from: Saint-loup on January 10, 2022, 01:18:47 PM

Quote from: noormcs5 on January 10, 2022, 12:52:59 PM

Everyone here plays gambling.
-snip

It's a joke I guess. I don't think many people posting here play gambling in reality. But to answer your question I would quote an advantage : gambling helps you to understand what chances/risks and probabilities represent in real life and it helps you to evaluate them in a more accurate way.

How can you say that people on the gambling board are actually not the gamblers? If that is the case, then how come they are so active on gambling boards and have full knowledge of all the gambling techniques, gambling sites, and all such stuff. Do you have any evidence to prove that people here are not actual gamblers. Huh

Well that exactly has a point there.
How can you relate the story if you are not a gambler, how can you join the discussion if you don't know how to gamble and I think there is nothing that you can share because you did not experience how to gamble. Perhaps they are not experts in gambling but still, they are able to gamble just for fun because gamble your hard-earned money is very tough to make a decision, sometimes I am thinking to save my money than playing gambling which is I am in very crisis status.

noormcs5

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Quote from: Saint-loup on January 10, 2022, 01:18:47 PM

Quote from: noormcs5 on January 10, 2022, 12:52:59 PM

Everyone here plays gambling.
-snip

It's a joke I guess. I don't think many people posting here play gambling in reality. But to answer your question I would quote an advantage : gambling helps you to understand what chances/risks and probabilities represent in real life and it helps you to evaluate them in a more accurate way.

How can you say that people on the gambling board are actually not the gamblers? If that is the case, then how come they are so active on gambling boards and have full knowledge of all the gambling techniques, gambling sites, and all such stuff. Do you have any evidence to prove that people here are not actual gamblers. Huh

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Quote from: Congyang on January 11, 2022, 01:42:09 PM

Actually, in terms of benefits, there is no denying that gambling has more negative impacts than positive but the reason why they are still popular is because most of them see a lot of false opportunities there. on the other hand those who are here too (including me) like gambling because for me this is entertainment when I'm not in a good mood or tired at work.
I personally would not say that gambling is good but sometimes there are some aspects there that make gambling also useful for my mental side because it gives pleasure in it

While thinking about the pros of gambling, I also ended up with this result, it looks like gambling has more negative impact since your profit will always depend on luck and of course, you can’t be so lucky every time you gamble. There’s a lot of cons honestly and if you gamble carelessly, you might lose everything and that’s how risky gambling are.

Congyang

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Actually, in terms of benefits, there is no denying that gambling has more negative impacts than positive but the reason why they are still popular is because most of them see a lot of false opportunities there. on the other hand those who are here too (including me) like gambling because for me this is entertainment when I'm not in a good mood or tired at work.
I personally would not say that gambling is good but sometimes there are some aspects there that make gambling also useful for my mental side because it gives pleasure in it

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Quote from: acroman08 on January 11, 2022, 07:27:34 AM

Quote from: btc_angela on January 11, 2022, 07:20:52 AM

Not sure if we really need to discussed the cons because we all know what it is.

better to lay down that the disadvantages of gambling are far far greater than its advantages. people might get the wrong idea about gambling. a healthy discussion between the pros and cons of gambling is the best way to do it, talking only about the positive side of gambling would create a false image about it.

There are already threads before discussing the cons and pros of gambling, but we all have different reasons why we play that even we enumerate numbers of reason why we play we will still on the things we believed and wanted to see, the pros is if we will learn how to win and disciplined enough to play well but if not tand things we decide goes against our plan then it will be the cons we need to handle.

bitzizzix

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Pro in gambling in my opinion is a game of Chance and for fun or hockey betting, and winning is luck and I play it when I have free time when I feel tired from work.
The cons in gambling can be addictive and that is because you play too much without being able to control yourself because you have the ambition to keep on winning or chasing losses and it is all very self-defeating.
it all depends on who plays it and the purpose of playing gambling because playing gambling will trigger us to continue playing so we must be able to control it and play not to overdo it.

Boristhecat

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Quote from: noormcs5 on January 10, 2022, 12:52:59 PM

Everyone here plays gambling. Some win a lot of money, others lose their life saving and most of us are in no profit no loss situation. We win some and lose some and keep on enjoying the game.
Gambling does have some advantages but also it has its disadvantages. It will be better if the pros and cons of gambling be discussed extensively so people especially the newcomers know what they can expect from gambling.

I will not be original and will say that I get only advantages from gambling. I am initially ready to spend a certain amount on this entertainment and I do not go beyond the budget. Therefore, the result always satisfies me - I spend money, but in return I get emotions or an increase in pleasant emotions in the form of money from the victory of my favorite team.
I know people for whom gambling has become a problem, but I think it depends on the person and not on gambling, drinking or something else.

Topic: Pros and Cons of Gambling - page 2. (Read 555 times)