Success or Fail? - Talking about Gambling as a major income - page 34.

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Quote from: n0ne on July 16, 2023, 05:16:15 PM

Quote from: seleme on July 16, 2023, 04:29:27 PM

Quote from: khaled0111 on July 16, 2023, 04:23:56 PM

You can't rely on a game of chance as your main or major source of income. This is the worst decision you would make. I would understand it if you were talking about games where skills may give you some advantage, like poker and other card games. However, even if you have the required skills and master the game, you should never make it your main source of income because the results will not please you.

Even if the gambler has the related skills, I doubt anyone can win the same game with consistent winnings. I haven't seen such a gambler, there isn't a concrete proven track record. Card games and poker are based on skills&luck but no one is going to win all games by being lucky consistently, IMO. Mastering the game is the myth and gamblers not going to beat house edge, IMO.

Consistent winning is not at all possible with gambling. Even the expert who doesn't care about the wagering amount fails, people use different tricks and strategies. These things doesn't work all the time. For this we need to be lucky and even the luckiest to win big jackpot losses. This is how the platforms were developed, if not within short time period these gambling houses would've gone bankrupt.

I have to agree, there are no such people who are lucky consistently on modern online casino platforms. It is possible to be lucky for months but the house always wins sooner or later. If we apply this logic, there is no working strategy or trick to beat house edge even if the gambler has a specific bias on the games.

Some gamblers are born lucky, they don't need skills to beat the game logic and win money. Online casinos let us to experience this feeling, so everything is just a part of the path to the success for both party gamblers, IMO.

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Quote from: harizen on July 16, 2023, 06:25:25 PM

But there's a friend of mine that takes gambling as his main source of income for several years already. Not with playing slots, roulette, etc., or being a sports bettor but he's really damn good at playing billiards. Even way back during our younger days, he is seen as having potential at that sport and is currently, now one of the most skilled and popular billiard players here in our community. He always has a match every day and it involves a big stake. Playing gambling on that sport for many years, he already provided a good life for his family.

However, my friend's success in gambling as his major income is not surely possible for anyone. It's possible to take gambling as a major income but surely, it requires special considerations that would be hard to achieve by most people who are eyeing that goal.

it's not impossible that someone can make a good living from betting but not everyone is lucky to be able to do that, apart from billiard players, poker and chess players who are reliable around my area can buy cars only from the bets they make, it's all because of the skills they have support them to make good money. but increasing age can make concentration decrease, so that the ability to maintain focus on games that are mastered also decreases, if so then skill-based gamblers will lose to young players, you can say income from gambling will not last long-term.

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Quote from: lienfaye on July 16, 2023, 09:03:49 PM

Quote from: seleme on July 16, 2023, 04:29:27 PM

Quote from: khaled0111 on July 16, 2023, 04:23:56 PM

You can't rely on a game of chance as your main or major source of income. This is the worst decision you would make. I would understand it if you were talking about games where skills may give you some advantage, like poker and other card games. However, even if you have the required skills and master the game, you should never make it your main source of income because the results will not please you.

Even if the gambler has the related skills, I doubt anyone can win the same game with consistent winnings. I haven't seen such a gambler, there isn't a concrete proven track record. Card games and poker are based on skills&luck but no one is going to win all games by being lucky consistently, IMO. Mastering the game is the myth and gamblers not going to beat house edge, IMO.

It's not possible to always win since losing is inevitable. No matter how good you are in the particular game (even skills and strategy have something to do in order to win). But as we know, there's a situation where you can become rich instantly and that is if you hit a jackpot that can change your life for good. It happened already to those lucky gamblers who made fortune through gambling. Though, this is a different thing.

Anyway, it's not easy to win so what more if your desire is to treat gambling as your source of income? What can happen is, instead of gaining from your gambling activity, you'll only lose your money because of it. So try to find a decent job or use your passion to build a business. That's more realistic to be your main source of income.

Gambling is gambling even how good you are there are still situation that you will lose, and I follow you with your example about those who manage to win a huge amount of money by hitting the jackpot, people who already change their lifestyle because of that opportunity, but that's not the majority and if we will based it from the fact, it's more on losing side, more gambler losses against the house and that's proven since we keep seeing more and more gambling business that are starting to facilitate from time to time.

Better to find a stable job and keep yourself busy, than spend your time and your money in trying to make gambling as a main source of your income.

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Quote from: Wiwo on July 16, 2023, 05:39:30 PM

Quote from: khaled0111 on July 16, 2023, 04:23:56 PM

You can't rely on a game of chance as your main or major source of income. This is the worst decision you would make. I would understand it if you were talking about games where skills may give you some advantage, like poker and other card games. However, even if you have the required skills and master the game, you should never make it your main source of income because the results will not please you.

Yeah I gambling winning os by chance, and because of that making it steaactivityies will only lead you to more losses just like you have stated, relying on gambling as a major source of income is gonna be as if a man seat on a loaded gun any mistake it will blow him up.
That is how it is with gambling and since online gambling has added the possibility of constant contact with the casino, making gambling a source then means it will become an automatic .approach to easislidelid into addiction because when the loss happens the player will have all the access to the casino and he will try to recover the money back and that won't help either.

As much as we discuss the negative side of making gambling a major source of income, let's atleast, once in a while also discuss the positive side, even though it's understood that a gambler can hardly win in such context, as in the long term win chances is very low, no matter how low the percentage is, it's still worth discussing, as I personally believe that, even though it be very rare, there are very lucky individuals who have depended on gambling for several years and a major means of income, and it's been working for them, I can't mention anyone cus I know no one, but I believe there are few persons out there that are gift with such good luck that is extra ordinary.

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Quote from: ethereumhunter on July 13, 2023, 03:32:29 AM

Quote from: wiss19 on July 12, 2023, 09:30:33 PM

What online gambling does is that it makes people lazy once they get addicted to it, people start thinking that they don't need to do any job and they can make some money each week from gambling by sitting in the comfort of their homes without any stress of any job or earning at all, these are the kind of people who can barely make their lives better in the future and are mostly dependent on others to feed them and their family out of misery.

And, such people never learn from their mistakes, they might regret doing something for a very short period of time, but after some time, they will start doing that again, especially if it's about gambling, they might lose a lot of money and morn for a while but start gambling again and forget what happened earlier.

They are wrong if they think that way because gambling is not to make money and they should find other ways to make money. They will only get frustrated when they lose so many times that they have to change their mind to find a job to make money.

Hopefully, these people can open themselves up to accept suggestions from those closest to them so that they can begin to realize that what they have been doing is wrong. And hopefully, they will regret it and won't do it again. Even so, they can still play gambling but must have good self-control so they don't experience the same incident as before.

It is not easy to gamble with discipline, and not everyone can do that because greed takes over and people simply forget that they have to follow discipline and have self-control, they just keep gambling until they have time and money and don't know when to stop even if they have managed to win a significant amount. That is why some people will never understand, even if they do, they just can't control the urge and will do the same again.

So only a few people can have discipline when gambling and control themselves and their minds and urges when they try to force them to gamble when they shouldn't, gambling normally is okay but excessive gambling is definitely not good for anyone because that makes you addicted.

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Quote from: seleme on July 16, 2023, 04:29:27 PM

Quote from: khaled0111 on July 16, 2023, 04:23:56 PM

You can't rely on a game of chance as your main or major source of income. This is the worst decision you would make. I would understand it if you were talking about games where skills may give you some advantage, like poker and other card games. However, even if you have the required skills and master the game, you should never make it your main source of income because the results will not please you.

Even if the gambler has the related skills, I doubt anyone can win the same game with consistent winnings. I haven't seen such a gambler, there isn't a concrete proven track record. Card games and poker are based on skills&luck but no one is going to win all games by being lucky consistently, IMO. Mastering the game is the myth and gamblers not going to beat house edge, IMO.

It's not possible to always win since losing is inevitable. No matter how good you are in the particular game (even skills and strategy have something to do in order to win). But as we know, there's a situation where you can become rich instantly and that is if you hit a jackpot that can change your life for good. It happened already to those lucky gamblers who made fortune through gambling. Though, this is a different thing.

Anyway, it's not easy to win so what more if your desire is to treat gambling as your source of income? What can happen is, instead of gaining from your gambling activity, you'll only lose your money because of it. So try to find a decent job or use your passion to build a business. That's more realistic to be your main source of income.

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Quote from: n0ne on July 16, 2023, 05:16:15 PM

Consistent winning is not at all possible with gambling. Even the expert who doesn't care about the wagering amount fails, people use different tricks and strategies. These things doesn't work all the time. For this we need to be lucky and even the luckiest to win big jackpot losses. This is how the platforms were developed, if not within short time period these gambling houses would've gone bankrupt.

If we talk about luck-based games, obviously there's no such thing as expecting consistent wins here since everything depends on just luck, that's it. However, if we talk about sports betting, somehow a bettor doesn't need to rely only on luck as there are ways to increase the chances of winning here.

But there's a friend of mine that takes gambling as his main source of income for several years already. Not with playing slots, roulette, etc., or being a sports bettor but he's really damn good at playing billiards. Even way back during our younger days, he is seen as having potential at that sport and is currently, now one of the most skilled and popular billiard players here in our community. He always has a match every day and it involves a big stake. Playing gambling on that sport for many years, he already provided a good life for his family.

However, my friend's success in gambling as his major income is not surely possible for anyone. It's possible to take gambling as a major income but surely, it requires special considerations that would be hard to achieve by most people who are eyeing that goal.

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Quote from: Lanatsa on July 16, 2023, 04:29:21 PM

Quote from: Jody.Drummer on July 16, 2023, 03:34:47 PM

There is a condition where our thoughts only focus on winning when we lose in the hope that it can make us recover from the previous loss.
That thought will always be there but actually it is a mistake because thinking like that is the same as we will change our gambling patterns to become more aggressive and forget the limits we have made before.
Gambling like that will not get any results apart from a bigger defeat because in this case all we are after is victory but do not realise that it is a trap that will make you forget what your previous gambling intentions were for.

On the time that you would really be ending up on having this kind of approach in gambling then it would really be making you desperate on which you would really be always hoping that you could really be able to

make money without already minding about those possibility of losing money. You wouldn't really care on how many times you do lose as long you do make some winning which it would really be wiping out that kind of stress and anxiety when losing and on the time if this happens then you wont really be stopping midway and would continue to play as long you do have funds or money on your pocket which it is really a common behavior and you would really be ending up on a disaster if you cant really be able to stop midway.

Gambling isnt for source of income and this is the main thing on which people would really be needing to realize because if not then you would really be finding this to be a big trouble or problem.
You would really be making yourself that easily get addicted to it on which it is something that you should really be avoiding.

So from this, self-control is very important in order to minimise even if it cannot be avoided because there must be a condition where you violate it but with self-control at least it can be slightly minimised so that it does not always happen.
Gambling must be in a calm condition both in treatment and thought so that when we still follow our passions just because we are kalha then indirectly this will push you to the brink.
The need to think further so that nothing like this happens is something good, at least if you lose a few times it indicates you should immediately rest instead of continuing with lust.

Returning to the context of gambling as the main source of this is also not really a good intention.
This is not a job that should be used as the main source of money so don't try to do something that is not really possible.

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Quote from: khaled0111 on July 16, 2023, 04:23:56 PM

You can't rely on a game of chance as your main or major source of income. This is the worst decision you would make. I would understand it if you were talking about games where skills may give you some advantage, like poker and other card games. However, even if you have the required skills and master the game, you should never make it your main source of income because the results will not please you.

Yeah I gambling winning os by chance, and because of that making it steaactivityies will only lead you to more losses just like you have stated, relying on gambling as a major source of income is gonna be as if a man seat on a loaded gun any mistake it will blow him up.
That is how it is with gambling and since online gambling has added the possibility of constant contact with the casino, making gambling a source then means it will become an automatic .approach to easislidelid into addiction because when the loss happens the player will have all the access to the casino and he will try to recover the money back and that won't help either.

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Quote from: seleme on July 16, 2023, 04:29:27 PM

Quote from: khaled0111 on July 16, 2023, 04:23:56 PM

You can't rely on a game of chance as your main or major source of income. This is the worst decision you would make. I would understand it if you were talking about games where skills may give you some advantage, like poker and other card games. However, even if you have the required skills and master the game, you should never make it your main source of income because the results will not please you.

Even if the gambler has the related skills, I doubt anyone can win the same game with consistent winnings. I haven't seen such a gambler, there isn't a concrete proven track record. Card games and poker are based on skills&luck but no one is going to win all games by being lucky consistently, IMO. Mastering the game is the myth and gamblers not going to beat house edge, IMO.

Consistent winning is not at all possible with gambling. Even the expert who doesn't care about the wagering amount fails, people use different tricks and strategies. These things doesn't work all the time. For this we need to be lucky and even the luckiest to win big jackpot losses. This is how the platforms were developed, if not within short time period these gambling houses would've gone bankrupt.

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Quote from: khaled0111 on July 16, 2023, 04:23:56 PM

You can't rely on a game of chance as your main or major source of income. This is the worst decision you would make. I would understand it if you were talking about games where skills may give you some advantage, like poker and other card games. However, even if you have the required skills and master the game, you should never make it your main source of income because the results will not please you.

Even if the gambler has the related skills, I doubt anyone can win the same game with consistent winnings. I haven't seen such a gambler, there isn't a concrete proven track record. Card games and poker are based on skills&luck but no one is going to win all games by being lucky consistently, IMO. Mastering the game is the myth and gamblers not going to beat house edge, IMO.

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Quote from: Jody.Drummer on July 16, 2023, 03:34:47 PM

Quote from: klidex on July 16, 2023, 12:13:52 PM

Quote from: Jody.Drummer on July 16, 2023, 10:44:05 AM

Quote from: Peanutswar on July 16, 2023, 09:14:31 AM

In that case seems like you are letting your luck to comeback your losses, because if this continuously happens not as always you become a winner, the number of losses continuously rises once you didn't manage to keep yourself aware with the number of money you deposit and lose. Better to have risk management there's nothing wrong in playing gambling but of course, limit yourself have a designated amount every game this serve you to track your win and lose in the game. Basic calculations if at the end of the day, you win or not. Keep chasing your loss and wondering to pay back or quit and ignore the money you spent. Ideal if you have a lot of source of income you can support your gambling activity.

Defeat such thoughts, as they are the way our greedy brushes get the better of us and will lead to greater losses. Why do I say this is greed, because we are at that moment chasing the fortune that we hope will come at that moment. Meanwhile, from my own experience, the more we expect good fortune, the further away it will be. Whereas when we don't expect it at all, the luck comes by itself. Let it flow like water, and we must stick to our risk management which we must not exceed.

You're right, I've experienced this several times when really expecting or having confident thoughts of getting lucky I even got a losing streak but when I wasn't thinking about a win and was gambling happily suddenly luck came and got a big win.
Thinking that is too confident is sometimes always untrue and makes us unable to stop gambling out of curiosity with thoughts that are confident in getting big wins.

There is a condition where our thoughts only focus on winning when we lose in the hope that it can make us recover from the previous loss.
That thought will always be there but actually it is a mistake because thinking like that is the same as we will change our gambling patterns to become more aggressive and forget the limits we have made before.
Gambling like that will not get any results apart from a bigger defeat because in this case all we are after is victory but do not realise that it is a trap that will make you forget what your previous gambling intentions were for.

On the time that you would really be ending up on having this kind of approach in gambling then it would really be making you desperate on which you would really be always hoping that you could really be able to

make money without already minding about those possibility of losing money. You wouldn't really care on how many times you do lose as long you do make some winning which it would really be wiping out that kind of stress and anxiety when losing and on the time if this happens then you wont really be stopping midway and would continue to play as long you do have funds or money on your pocket which it is really a common behavior and you would really be ending up on a disaster if you cant really be able to stop midway.

Gambling isnt for source of income and this is the main thing on which people would really be needing to realize because if not then you would really be finding this to be a big trouble or problem.
You would really be making yourself that easily get addicted to it on which it is something that you should really be avoiding.

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You can't rely on a game of chance as your main or major source of income. This is the worst decision you would make. I would understand it if you were talking about games where skills may give you some advantage, like poker and other card games. However, even if you have the required skills and master the game, you should never make it your main source of income because the results will not please you.

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Quote from: klidex on July 16, 2023, 12:13:52 PM

Quote from: Jody.Drummer on July 16, 2023, 10:44:05 AM

Quote from: Peanutswar on July 16, 2023, 09:14:31 AM

In that case seems like you are letting your luck to comeback your losses, because if this continuously happens not as always you become a winner, the number of losses continuously rises once you didn't manage to keep yourself aware with the number of money you deposit and lose. Better to have risk management there's nothing wrong in playing gambling but of course, limit yourself have a designated amount every game this serve you to track your win and lose in the game. Basic calculations if at the end of the day, you win or not. Keep chasing your loss and wondering to pay back or quit and ignore the money you spent. Ideal if you have a lot of source of income you can support your gambling activity.

Defeat such thoughts, as they are the way our greedy brushes get the better of us and will lead to greater losses. Why do I say this is greed, because we are at that moment chasing the fortune that we hope will come at that moment. Meanwhile, from my own experience, the more we expect good fortune, the further away it will be. Whereas when we don't expect it at all, the luck comes by itself. Let it flow like water, and we must stick to our risk management which we must not exceed.

You're right, I've experienced this several times when really expecting or having confident thoughts of getting lucky I even got a losing streak but when I wasn't thinking about a win and was gambling happily suddenly luck came and got a big win.
Thinking that is too confident is sometimes always untrue and makes us unable to stop gambling out of curiosity with thoughts that are confident in getting big wins.

There is a condition where our thoughts only focus on winning when we lose in the hope that it can make us recover from the previous loss.
That thought will always be there but actually it is a mistake because thinking like that is the same as we will change our gambling patterns to become more aggressive and forget the limits we have made before.
Gambling like that will not get any results apart from a bigger defeat because in this case all we are after is victory but do not realise that it is a trap that will make you forget what your previous gambling intentions were for.

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Quote from: klidex on July 16, 2023, 12:13:52 PM

You're right, I've experienced this several times when really expecting or having confident thoughts of getting lucky I even got a losing streak but when I wasn't thinking about a win and was gambling happily suddenly luck came and got a big win.

I think this happens for many gamblers, when we're not expecting to win, we win. And when we're expecting to win, we lose. That's how it goes but I think these are all coincidence that has nothing to do with whether we're lucky or not.

Quote from: klidex on July 16, 2023, 12:13:52 PM

Thinking that is too confident is sometimes always untrue and makes us unable to stop gambling out of curiosity with thoughts that are confident in getting big wins.

Well, being too confident boosts ourselves and that's why for those that are using gambling as a source of income, that's how they feel that they'll make it. But for the many of us, we don't think that it's ever going to work because we've tried it already yet we failed.

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Quote from: wiss19 on July 12, 2023, 09:30:33 PM

What online gambling does is that it makes people lazy once they get addicted to it, people start thinking that they don't need to do any job and they can make some money each week from gambling by sitting in the comfort of their homes without any stress of any job or earning at all, these are the kind of people who can barely make their lives better in the future and are mostly dependent on others to feed them and their family out of misery.

This is indeed true. After regularly winning a few bets in gambling, the gambler becomes confident that he has become an expert at gambling and now nothing can stop him from becoming a millionaire. Then he will think of money as a trivial thing, and because of laziness he will not even try to do any job and will waste the important time of his life to dream of luxurious life. But he realizes how harmful this overconfidence can be after he becomes addicted to gambling.

Gambling is not bad as long as someone plays it like gambling, and those who make gambling their main earning source and become addicted to gambling aggressively end up seeing very bad results. By the time they realize their mistake, it is too late.

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Quote from: wiss19 on July 12, 2023, 09:30:33 PM

What online gambling does is that it makes people lazy once they get addicted to it, people start thinking that they don't need to do any job and they can make some money each week from gambling by sitting in the comfort of their homes without any stress of any job or earning at all, these are the kind of people who can barely make their lives better in the future and are mostly dependent on others to feed them and their family out of misery.

You're correct, I noticed something about the new set of gambling addicts that use only online casinos, they are always lazy because they don't need to leave their house to gamble. They're not clean as well, they spend most of their time on casino or sportsbook gambling.

When you win your first sets of bets and start becoming comfortable gambling that you begin to feel you don't need other sources of income, you're planning to fail as gambling can't be your only source of income when you're not a professional gambler, you'll fail.

Online casino are more addictive to traditional casinos and when you become addictive, you'll be gambling uncontrollably and run out of cash soon. To make online casino as your only source of income, you'll need to be disciplined but since you're addicted that'll be difficult.

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Quote from: Jody.Drummer on July 16, 2023, 10:44:05 AM

Quote from: Peanutswar on July 16, 2023, 09:14:31 AM

Quote from: DoublerHunter on July 12, 2023, 05:08:17 PM

Quote from: Fivestar4everMVP on July 12, 2023, 04:50:57 PM

~snip~
Like the feeling that, "just try one more time, this could be that lucky spin you have been looking and waiting for since, if you quit now, all the money you lost is gone, take one more spin and possibly recover all the money you've lost since", and then, you keep tapping the spin button after each loss, hoping one becomes that jackpot for you, and before you know what's happening, bankroll is empty 😂😂..

^It is quite familiar to this situation.
I understand the sentiment that you are describing. It is a familiar feeling, like being caught in a cycle of hope and desperation and the belief was that one more try could turn everything around. It is tempting to keep pressing that spin button as if each new attempt holds the promise of redemption. But as the losses accumulate and the excitement fades, it is important to remember the risks involved.
Sometimes, despite our best efforts and wishes, luck may not be on our side. It is a very risky decision in a situation with caution, knowing when to step back and reassess. We should always remember that there are limits and being mindful of the potential consequences can help preserve not only our financial well-being but also our emotional well-being. So never chase lose if you feel that luck was not on your side.

In that case seems like you are letting your luck to comeback your losses, because if this continuously happens not as always you become a winner, the number of losses continuously rises once you didn't manage to keep yourself aware with the number of money you deposit and lose. Better to have risk management there's nothing wrong in playing gambling but of course, limit yourself have a designated amount every game this serve you to track your win and lose in the game. Basic calculations if at the end of the day, you win or not. Keep chasing your loss and wondering to pay back or quit and ignore the money you spent. Ideal if you have a lot of source of income you can support your gambling activity.

Defeat such thoughts, as they are the way our greedy brushes get the better of us and will lead to greater losses. Why do I say this is greed, because we are at that moment chasing the fortune that we hope will come at that moment. Meanwhile, from my own experience, the more we expect good fortune, the further away it will be. Whereas when we don't expect it at all, the luck comes by itself. Let it flow like water, and we must stick to our risk management which we must not exceed.

I can't help it but agree with you, it is like what is said that what we fear the most is what finds its way into our lives, if we pay attention to our gambling, we may discover that, when we are playing and afraid of losing, that is mostly the session we lose the most, but when you are playing and less concerned about winning, winnings find its way into our lives..

Anyways, that's just live, this is not something that is peculiar to gambling alone, several of the thing we desire in life, some times does not come when we desire them, it's later when we probably have given up to focus on other things, ones we previously desired begin to come effortlessly.

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Quote from: Jody.Drummer on July 16, 2023, 10:44:05 AM

Quote from: Peanutswar on July 16, 2023, 09:14:31 AM

Quote from: DoublerHunter on July 12, 2023, 05:08:17 PM

Quote from: Fivestar4everMVP on July 12, 2023, 04:50:57 PM

~snip~
Like the feeling that, "just try one more time, this could be that lucky spin you have been looking and waiting for since, if you quit now, all the money you lost is gone, take one more spin and possibly recover all the money you've lost since", and then, you keep tapping the spin button after each loss, hoping one becomes that jackpot for you, and before you know what's happening, bankroll is empty 😂😂..

^It is quite familiar to this situation.
I understand the sentiment that you are describing. It is a familiar feeling, like being caught in a cycle of hope and desperation and the belief was that one more try could turn everything around. It is tempting to keep pressing that spin button as if each new attempt holds the promise of redemption. But as the losses accumulate and the excitement fades, it is important to remember the risks involved.
Sometimes, despite our best efforts and wishes, luck may not be on our side. It is a very risky decision in a situation with caution, knowing when to step back and reassess. We should always remember that there are limits and being mindful of the potential consequences can help preserve not only our financial well-being but also our emotional well-being. So never chase lose if you feel that luck was not on your side.

In that case seems like you are letting your luck to comeback your losses, because if this continuously happens not as always you become a winner, the number of losses continuously rises once you didn't manage to keep yourself aware with the number of money you deposit and lose. Better to have risk management there's nothing wrong in playing gambling but of course, limit yourself have a designated amount every game this serve you to track your win and lose in the game. Basic calculations if at the end of the day, you win or not. Keep chasing your loss and wondering to pay back or quit and ignore the money you spent. Ideal if you have a lot of source of income you can support your gambling activity.

Defeat such thoughts, as they are the way our greedy brushes get the better of us and will lead to greater losses. Why do I say this is greed, because we are at that moment chasing the fortune that we hope will come at that moment. Meanwhile, from my own experience, the more we expect good fortune, the further away it will be. Whereas when we don't expect it at all, the luck comes by itself. Let it flow like water, and we must stick to our risk management which we must not exceed.

You're right, I've experienced this several times when really expecting or having confident thoughts of getting lucky I even got a losing streak but when I wasn't thinking about a win and was gambling happily suddenly luck came and got a big win.
Thinking that is too confident is sometimes always untrue and makes us unable to stop gambling out of curiosity with thoughts that are confident in getting big wins.

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Quote from: jaberwock on July 16, 2023, 07:44:19 AM

Quote from: xSkylarx on July 12, 2023, 10:46:06 AM

It is really covering all. You've just won $500 one time, but if you sum up all of your bets, it will be around $1000. We know that gambling is really made for fun and not as a source of income, and if you win, then you are lucky, but if you calculate it for sure, you still lose more than you win, as most casinos are getting back your winnings if you continue to play. We are just getting blind to those wins, which is why it is not recommended as a source of income, as you aren't winning daily and you are just giving your money to the casinos.

Indeed for fun so therefore we must not take it seriously in a way that we are already counting the total money that we spend. Winning in gambling is rare but if it happens, the feeling it can give to us is already superb even if the amount that we won isn't that huge enough.

The casino can surely confiscate your winnings if you won't stop or spend it on something but some people are already happy to re-use it again for playing. The point is that they don't spend their main money anymore or their salary until some time. We are not totally giving our money to the casino but they also exchange it with their service. We need to think about it to ease our discomfort.

We can only have fun gambling without always expecting to win because most people don't have great luck, so they must realize that gambling is only entertainment. And using gambling as their main income can be frustrating for them because it will never be achieved. After all, there is no guarantee they will be able to make money every day.

And it is true that when we win $100 but have used $200 to bet, we still lose because we have to get another $100 to BEP. And it will never be easy because we might lose streaks in the next round. The victory we get today does not guarantee we can get it again tomorrow, so it is not income but a bonus.

Topic: Success or Fail? - Talking about Gambling as a major income - page 34. (Read 6781 times)