Topic: Quit gambling and Invest in gambling. (Read 1479 times)

For casino owners, they call it a long-term investment and a business where the casino can provide profits for them and continue to make a lot of money. But for gamblers, casinos are a place to gamble and you must use enough money. Otherwise, they will only lose a lot of money without being able to recover their losses. And it's true that gamblers also need luck to win so they can't expect the wins to come more often.

And we know that making a casino a source of investment requires a lot of money, so only people with a lot of money can make a casino. Meanwhile, gamblers can only depend on their luck to win money. If gamblers win a lot of money, they should also think about creating their own casino so that they don't need to gamble anymore but only need to calculate the amount of income that will go into their wallets. It will be more feasible for those gamblers so that they can stop gambling and will not have a gambling addiction anymore.

The system will always favour the house and that is why the casino is always in a profit. Even if they are paying out a jackpot, the cumulative wins are less then the losses and hence more wins for the casino in total.

Which again proves my point that in order to profit from gambling you have to be the casino and not play against it. Invest in the casino's bankroll if that is an option, or if you are looking for a job, get one on the casino that fits your resume. It can be a professionally correct choice and enough to get meals everyday just like an office.

The big question in my head is,  why should we call those who operate a gambling as business under the same name and image as those who gamble,  I think having a casino is more of an investment and business which requires some level of professionalism which give some form of guarantee in the long run,  but in gambling,  gamblers have the highest risk to bear and for that they have to rely heavily on the luck factor since it all about uncertainty for them.

So for sure,  it's more less risky and profitable to have a gambling site that operates rightly,  than to be a gambler in the casino since being a gambler you are only a visitor to the casino and there just to have fun and the casino system is designed to favour the house,  so in that case,  the gambler is always at disadvantage while the casino operators is always at advantage.

Well, it's not that the game takes away your $1000 , but rather the same Adrenaline that makes the emotions play the game and not us as players. That's what we basically have to control, but it's difficult, especially the impulses they give us. Well, based on this, we have to do everything possible so that we can have the best Experience and win, but the fact of continuing to play when we have a big win is the mistake we make as players, because we should not do it , The best thing is to withdraw with the money, it is the most advisable, because those emotions mean that we cannot have clarity, because that is where greed opens up, we no longer want to make those 1000 but rather take them to $10k, in those things we do not We can do nothing, because they are already very big objectives and when it comes to money in a casino, we cannot forget the house advantage, which is something that will always influence.

Of course we have many things we can do , players sometimes when they are in a casino because they forget the value of money, they only care about Playing and winning, but nothing but that, for this reason when we are in a game of casino , what we Must do is Always focus on one Objective , that if the money that we are willing to lose is lost, not to insist anymore, because then everything can be lost at all, both what he won and what the player Could put in. .

These things that appear in this case are very common for most players, because in part, things have to happen as they are, sometimes players do not have enough certainty of what they can do, and among these things you can generate more cases like these , how many Times have we seen Which player is who has mortgaged the house for the game , but because at some point they become addicted, so the casino, the games are not for everyone.

I think $100 is still small to have a feeling of quitting at a betting ground although depending on how much a gambler you are staking. If what you are winning per stake is $100 then it is just a game for winning $100 and there won't necessarily be need to quit but if you are playing like 10 games before winning up to $100 then you have played as much as either 10 games or lesser , so you can quit if you want but playing only one single game and win $100 then quitting doesn't show you want to risk anything. In gambling you have to take a risk and it is that risk that can make you win higher .

Investing in someone else's game isn't called investing but it's called gambling because whether it's you who is playing or someone else, as long as the outcome is based on luck and your investment has a very high chance of getting liquidated, it's a gamble. An investment means that you invest some money into something in the hope of some return on top of it but if you are betting on someone who is gambling and playing a luck-based game, you are gambling with the money.

Back in the day, when there weren't a lot of cryptocurrency casinos in the industry, the existing cryptocurrency casinos used to accept investments in their bankroll in return for some percentage of the total profit, but nowadays, casinos don't offer such things, one reason might be that casinos used to need funds, another reason can be that more people were interested in that.

When you win $100 in gambling and still continue to gamble then gambling will take away double your winnings from you and you will give it away willingly because gambling will make you so addicted to it that you will not be able to stop betting there and bigger. Don't hesitate to place big bets in the hope of winning something. Thus one time you will see that you have a big capital loss. Hence the desire to earn income from gambling can never be brought about, it must only be enjoyed or loss is certain

Indeed, gambling is fun, especially if we manage to win some money from gambling games. But many of us experience losses from gambling and even lose all our money because we cannot control ourselves well while gambling. He really should reduce his gambling activities and will not gamble excessively. Maybe he could choose to invest in gambling but not by lending his money to other gamblers. That is not a good solution because we will still lose money if the person loses. And it is true that we should gamble alone because we can be responsible while gambling. We can also limit our gambling activities so that we don't lose a lot.

In my opinion the business you want to start is a very risky business. I do not see such risky business acceptable at all. I think you are inviting a man to gamble with this business and making him more addicted to gambling. If a man gets drunk he will blame you for the rest of his life and you will be his life wrecker according to the law. Decide to do business well and you will be well and so will the honorable people here. Such business should not be done to ruin someone's life.

That's the worst thing to do. Firstly, you are lending gamblers who have already lost their money.
Secondly, there's no assurance of getting the money back because some people might just not care to give the money back.

This is the craziest and most insane way of investing in gambling, this was clearly not what I had in mind to see when I saw the subject of the thread. Do you realize that you not only supporting gambling addiction, which is absolutely immoral and wrong, but you're also taking advantage of people who are helpless. This isn't investing in gambling at all.

And then again, do you think gamblers would come to gambling halls will collaterals just incase they loose all their money and then wish to continue playing? Or your big plan is to follow them to their houses to sort for collaterals and then lend them money? This your investment plan is solo lame if you ask me.

Even though gambling is used as fun, when one wins gambling, he becomes financially strong and the greed of money makes him continue to gamble. That's how a person gets addicted to gambling but when he loses gambling he realizes and decides to quit gambling like it happened to you too. Again like the op many people think that investing in gamblers without gambling will give you good profit is also a wrong decision because inviting to gambling and investing in gamblers are both high risk and neither will ever guarantee you winning. So one should never gamble for a long time or use gambling as a source of income

Gambling is fun when I win money, but it's very sad when I lose money. Sometimes I want to choose gambling as a source of income when I have a lot of profit from gambling. And I think about it when I lose a few times. I won't waste money on gambling anymore.I have thought these words many times but I can't stay away from gambling. So am I addicted to gambling?  Before this I suffered several big losses and abstained from gambling for a while.  But now I gamble almost every day. I find free time to gamble. I enjoy gambling so much that I find it very difficult to quit gambling.

Any gambler that loses all his bankroll and borrows more money to gamble again, needs to be saved. It doesn't matter, how long a day we gamble, the aim is to be able to stop, when tired. Isn't that gambling abuse to spend the whole day gambling, even when rewarded, the money is gambled until it runs out? Offering such a service to these types of addicted gambling can be profitable if the players pay back their owed money. Yet problematic if they turn out to be completely broke with no available collateral to give OP. Losing out the borrowed money right in front of the loan shark will be more annoying. And would cause more harm to the health of such gamblers. A more conducive idea, that would help gamblers to fight addiction, is by lending money to gamblers who are ready to pay the bankroll as collateral before using the loaned money to gamble. It doesn't sound like borrowing money right? yet it'll change the perspective of these gamblers, not to waste the money, since their brain has been positioned to think like they're indebted. Then after the money is exhausted the player won't be eligible to take more loans unless proven even to own a similar amount that he can deposit as collateral. Encouraging gamblers to fall deeper into addiction isn't great, and such services can be detrimental to both parties.

Offline casinos are also occupied with an enormous number of unique people, and not knowing the mental advancement of the gamblers can erupt in deception. Some will easily claim to offer collateral once they are done playing games. Sometimes the lender's rules can be jeopardized or manipulated. Working with the casino, is okay in determining the trust rate of any gambler in the mood, according to their years of experience playing games in that same casino. The administrator or manager can easily inform Op of the calibers of people who are eligible for loans. New faces won't be allowed the chance to take loans. Thereby limiting the exposure of this service to newbies and compulsive gamblers. Because of its risk, the loan receiver can decide to sue the casino. Claiming he was addicted or was drunk when he accepted to benefit from the loan. Approaching any random gambler you see in the casino, could be embarrassing if the casino management isn't properly informed before running the business in their casino. Hence, make it official and regulate the type of gamblers to lend money to, depending on how much the gambler has spent in the casino. Or he set a standard that any gambler who hasn't passed a specific threshold in gambling won't be eligible.

I think I put the two sentences in bold font that are most important here. No discussion is needed when we talk about people who excessively gamble and make bad decisions for their own lives and maybe for people who are with them as well, but those trying to make money off of it are reckless to say the least. Imagine you take 10k USD collateral in whatever assets the person has left before coming to you to get a loan for gambling, with very high interest charged of course! The 10k USD are gone and then the guy admits that this were the savings for the academic education of his daughter or son. No man, this is not a business I would like to be in.

Depends on your location but this can be dangerous, even your life might be at risk. You will require a good security team. Gamblers is such situations may lose control easily. Another concern is how are you planning to guarantee the collection of your loans? Collateral is one thing, but what if there's none? 

I forgot about collaterals and yes, there will be lenders that will be fine on it as long as the collateral has a bigger value than the lent money.

Well, it's a win for them if the borrower will not be able to pay that loan and they'd just take the collateral and sell it for a bigger chunk. They have profits there already whether the borrower has a source of income or none.

Yes you are right, fighting yourself is hard to do, even if it's not against other people but this is a tough thing for someone to quit gambling. Although it is hard to quit gambling, I think they should fight to be able to quit gambling that has harmed themselves, because if it is profitable I also choose not to quit. But the fact is that gambling in general only ruins a person's life, especially financially, a lot of money has been lost just because of gambling and this is certainly not a good thing, it is impossible for someone who has lost a lot of money to feel fine, maybe this applies to people who have limited money, unlike rich people who have a lot of money who are not reluctant to the amount of bets they play.

I myself was originally a gambler who could be said to be an addict because I often gambled at all times and also always forced myself to continue gambling because I was annoyed with the defeats that were always obtained, but now I gamble only with empty time or when I am bored with what I am doing, so I decided to gamble to try my luck, and when I get a defeat I am not upset anymore because I can guess with the end. So I also feel better because I have reduced my gambling activities, also this benefits me especially my finances which are now improving tips I can also control well. So I think immediately stop gambling and start to invest which is more obvious that it produces profits in the future.

If you do try to look at on what investment on which had been mentioned out on OP then it isnt literally speaking about that you do bet on someones game and the fact that it is never been considered to be an investment since you are really that literally making others do bet with your money which it is really that totally contradictory with those words and this is something that must really be able to point and realize out.
Going back on what OP pertains is on how about making some investment via lending out those gamblers on a casino with some money specially to those losing ones on which i dont see for it to be that
ideal because you are really that dealing with those losers. You cant really be even so sure that they would really be able to repay on the right time.

This is why it would be better that you should really be focusing that much into other ventures rather than this, but if you are someone who could really be able to bare up with the risks
then its your choice but for me, then i would simply skip on this one. Yes, its profitable but its not something ethical i should say because not all people would really be that
liking on taking advantage on someones pity situation on which they cant really just that accept it.

Investing in gambling means that you bet on someone else's game without gambling yourself, such as in Blackjack, you get the option to bet behind someone else, or you hire a gambler who is very good at gambling to gamble for you. You supply him with funds and give him a portion of the gambling winnings. Such thinking comes only when someone wants to use gambling as a source of income.  And if anyone wants to get fun from gambling, then to get real fun, you must gamble yourself.