Pages:
Author

Topic: The Paradox of Gambling behavior - page 4. (Read 1480 times)

hero member
Activity: 1176
Merit: 785
May 04, 2022, 03:16:31 AM
One might already understand that winning at Gambling is hard but at the end of the day we still see a lot of people increasingly interested in Gambling, this might provide an insight into the casino business and at the same time help explore the ideas 💡 in the mind of a Gambler.


Actually, thou a gambler knows he is losing money, they have this mindset that someday they will surely win and that's why they keep on gambling, and this usually works for some people. But however, its good to gamble with sense, to know when to quit and work away with the little profit then continue and lose all the money.


legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
May 03, 2022, 11:59:10 PM
One might already understand that winning at Gambling is hard but at the end of the day we still see a lot of people increasingly interested in Gambling, this might provide an insight into the casino business and at the same time help explore the ideas ?? in the mind of a Gambler.

As a matter of fact, if we are to compare the rate of wining to loosing in gambling we could bring out a conclusion that it is not advisible to gamble because the rate of winning is very small to loosing, but still yet we have some fortune gamblers that just got lucky to hit a jackpot by wining big on their first game attempt, but what i could conclude here is that many just derive pleasure in gambling because of its fun not minding either winning or loosing.


"Gambling for entertainment" is OK, IF you have the income/capital to support the habit, and if you're truly self-aware that it's merely just for entertainment, not profit. That's the difference between the people who gamble in casinos, and the other people who trade with more than 10x leverage with little capital. The "day-traders" think they're actually "trading".
In my personal opinion I have always had that doubt, what is better, to continue betting despite the fact that the tendency is to lose? When I was starting out in the world of casinos, I have always used excel to calculate my wins and losses, and I can't say that in most of them I have had more losses than wins, but the only way to balance is that I made one more column than I put fun in it (where it dominates the slots) and in this section I do not put my losses as losses, I leave it all in fun whether I win or lose, because it is the only way I learned to handle risk management very well, and I do not I spend what I am willing to lose in money, and it is something very healthy because obviously "daily money" can be defined.
legendary
Activity: 2282
Merit: 2051
A Bitcoiner chooses. A slave obeys.
May 02, 2022, 01:13:40 PM
~
Your story is very interesting, and it really is the purest truth.

Sports games are hard to miss, but the profits there are few.
Card games are fun and I believe that those who know how to play poker can make a lot of money there too.

On the other hand, roulette, dice and other games I consider in the same category as the lottery, as they depend exclusively on luck, not on the player's skills... it's money to spend without feeling sorry for losing.
the reason why I focus more on developing skills and knowledge in sports betting even though the profit I get is small is that I want my finances to be more organized

I can't play cards (I've tried to learn but it doesn't suit me) but I'm also tired of playing dice and slots (I lose a lot of money every time I do that)

For me, currently focusing on sports betting is the best choice

If I were you I would also narrow down sports into specific subcatagories and see which categories of online sports gambling suit me best. I personally prefer boxxing and do not watch enough football to care about the stats and odds of certain players. But then again that disinterest should be seen as one of my weaknesses as I would have more gambling opportunities if I learned more about various other things.

But at the end of the day, it all depends mostly on luck anyhow. So not much point in being too hung up on details and strategies. Thats just my personal thinking though. Huh Huh
full member
Activity: 1050
Merit: 109
1xBit.. recovered their reputation
May 02, 2022, 01:01:19 PM
~
Your story is very interesting, and it really is the purest truth.

Sports games are hard to miss, but the profits there are few.
Card games are fun and I believe that those who know how to play poker can make a lot of money there too.

On the other hand, roulette, dice and other games I consider in the same category as the lottery, as they depend exclusively on luck, not on the player's skills... it's money to spend without feeling sorry for losing.
the reason why I focus more on developing skills and knowledge in sports betting even though the profit I get is small is that I want my finances to be more organized

I can't play cards (I've tried to learn but it doesn't suit me) but I'm also tired of playing dice and slots (I lose a lot of money every time I do that)

For me, currently focusing on sports betting is the best choice
hero member
Activity: 812
Merit: 560
May 02, 2022, 10:59:56 AM
Gambling in casinos and playing lottery is very different for me from betting on sports games. I have different motivations and expectations at each type of gamble. Sport betting for me is all about winning and making money.

The two wards are entirely different from each other in meaning but individuals can choose how it applies to in their own case, why i personally prefer gambling is because of it nature, it requires skills to made up before one can enjoy the winning logically, whereas i see lottery as a game of luck that does not require expertise in other to enjoy it, but i define casino gambling as a game that requires logical reason, courage and convictions on a particular game to either win or loose.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
May 02, 2022, 10:19:13 AM
It would be a very commendable attitude if the government really showed that it is concerned about its people, they could also ban cigarettes and beer and wines, in short, ban all alcoholic beverages, but unfortunately the government only bans gambling with the argument that it is protecting people but cannot banish alcoholic beverages that every day has created hundreds of new addicts, hundreds of car accidents due to driving under the influence of alcohol. so I ask myself:

Why do they ban gambling, but leave the cigarette and alcoholic drink?

Isn't the government's job to protect the people? I come to the following conclusion: casinos are not owned by corrupt politicians, at least most casinos are not theirs, but companies and beers, wines, gins, whiskeys are owned by many corrupt politicians for this reason they do not ban companies of alcoholic beverages
The government can indeed ban cigarettes, beer, and wine, but gambling has many consequences even though these three things also bring bad consequences for people. But I agree with your conclusion because perhaps, corrupt politicians prefer beer, wine, and cigarettes, and they may think that gambling is riskier than anything else.

But whatever it is, the government's job is to protect the people and ensure they are not affected by the bad effects that could occur. Maybe they wanted to see how people reacted after implementing a gambling ban, so they applied the same to beer, wine, and cigarettes. Surely later, there will be an evaluation of what they have done to determine what the next step is.
hero member
Activity: 2002
Merit: 534
May 02, 2022, 10:12:21 AM

It would be a very commendable attitude if the government really showed that it is concerned about its people, they could also ban cigarettes and beer and wines, in short, ban all alcoholic beverages, but unfortunately the government only bans gambling with the argument that it is protecting people but cannot banish alcoholic beverages that every day has created hundreds of new addicts, hundreds of car accidents due to driving under the influence of alcohol. so I ask myself:

Why do they ban gambling, but leave the cigarette and alcoholic drink?

Isn't the government's job to protect the people? I come to the following conclusion: casinos are not owned by corrupt politicians, at least most casinos are not theirs, but companies and beers, wines, gins, whiskeys are owned by many corrupt politicians for this reason they do not ban companies of alcoholic beverages

I fully agree with you, if the government wants to protect it's people from harmful things than it should consequent about the issue. No reason to single out gambling as the root of all evil. A stricter ban on drugs, alcohol and cigarettes would just be the first step. What about the extra fast sport cars? Most crashes involving the cars with 400+ horse power result in serious inquires. Or what about banning guns and knifes? There are death with them each year. A good government shouldn't ban everything, citizens need freedom and a choice in life. The main thing I would argue is the lobbyist sector for alcohol, tabacco and guns is much larger than the gambling industry. They can spend more money to influence politicians than casinos can. And even a ban by the government still doesn't mean it will be actually enforced, like we see with school kids smoking cigarettes. It's illegal and still I see it every day.
hero member
Activity: 3178
Merit: 661
Live with peace and enjoy life!
May 02, 2022, 03:55:14 AM
the main source is to be happy and enjoying while playing and most gamblers who experienced this would be a potential gambling addict in the future if not controlled in the first place. They may find it enjoying and amusing once they experience the feeling of winning plus every casino have their own kind of vibe that makes people get comfortable to stay that's why they stay thus get attracted to the games of casino.
And don't forget about the promotions, it's also one of the reasons why someone can get addicted on gambling. They keep on coming back, depositing more because the more they spend the more the perks/benefits they are going to get.

When your goal is only to gamble for fun, that is better and the chance for you to become addicted can be lesser because you will be contented on every results that you are getting but if you play for profit, you are sometimes not contented when you are winning. In your head you need to continue because there might be more wins waiting for you. When losing, you also want to deposit again because you want to recover. This doesn't end.
If you keep gambling to continue chasing for your losses or to create more gains, certainly you will not enjoy the game the way its designed to be. Because you focus more on the results of your bets, not on the satisfaction you will get from playing your favorite game. However, if you gamble for its new games and surprised bonuses, and of course including promotions, even if you lose in the end, that won't make you regret because you know you are not there mainly to win but to create leisure and have fun.
legendary
Activity: 3234
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
May 01, 2022, 06:12:46 PM
I don't understand people who have gambled and lost all their possessions to gambling addiction. They often think that the next match will definitely win and return everything he has bet in the past. Often they fail in such thinking. And some people often reason to fill their spare time with gambling games. However, they are also addicted and sacrifice everything. Gambling must have a limit, we must control between losing and winning. Everyone has won at gambling and also lost, but they always multiply their winnings to be played again until everything is completely exhausted.

I also play as entertainment, maybe between winning and losing I can still control well. In gambling I prefer to bet on football and boxing. it looks fun when we are enjoying the game and more excited to watch the game.
That is so true. That is why gambling is forbidden in our culture, in what so ever way.
One losses control on oneself and hence result in life long loss of long long earning. I think one has to keep a serious control on oneself before diving into the Swimming pool of gambling. Its beautiful but its hard to get out of it - the exit slops are slippery.
Prohibition of gambling because many people cannot control themselves in gambling games. The government that prohibits it does not want to see more people become addicted to gambling if they play gambling continuously. If many people could still control themselves in playing gambling, maybe addiction problems would not increase every year. Therefore, if we like to play gambling, we must be able to control ourselves and always avoid playing too long and using more money. If we can do that, we will not worry and can avoid gambling problems.

It would be a very commendable attitude if the government really showed that it is concerned about its people, they could also ban cigarettes and beer and wines, in short, ban all alcoholic beverages, but unfortunately the government only bans gambling with the argument that it is protecting people but cannot banish alcoholic beverages that every day has created hundreds of new addicts, hundreds of car accidents due to driving under the influence of alcohol. so I ask myself:

Why do they ban gambling, but leave the cigarette and alcoholic drink?

Isn't the government's job to protect the people? I come to the following conclusion: casinos are not owned by corrupt politicians, at least most casinos are not theirs, but companies and beers, wines, gins, whiskeys are owned by many corrupt politicians for this reason they do not ban companies of alcoholic beverages
hero member
Activity: 3080
Merit: 603
May 01, 2022, 04:04:09 PM
Yeah, and I know people that do it for a living in real life. They've been into it and I'm very much intrigued that they're doing it well and winning decent amount per bets.
And for betting with unfamiliar sports, this is really happening when you have nothing to bet for and you just want to see it goes around, so you want to try your luck.
Gambling or simply betting does really always some luck even though it would turn out to be included on analysis based or strategic kind of games you are involved into because having no luck
would really be putting you into sure loss no matter how good your bet is.

There are indeed people who do live with gambling profits.Yes, its mind boggling on how they would do that but there are really people who do already come into this point
but of course this isnt something that could be copied by everyone.
You'll never know that you have no luck unless you bet and that's why everyone is bound to losses. We'll just know it when we gamble and if we're winning.
But that's for those luck based games and you'll determine when you need little of it or even you don't have when you're into games that needs analytical thinking like in sports betting.
legendary
Activity: 2716
Merit: 1383
May 01, 2022, 03:19:16 PM
I don't understand people who have gambled and lost all their possessions to gambling addiction. They often think that the next match will definitely win and return everything he has bet in the past. Often they fail in such thinking. And some people often reason to fill their spare time with gambling games. However, they are also addicted and sacrifice everything. Gambling must have a limit, we must control between losing and winning. Everyone has won at gambling and also lost, but they always multiply their winnings to be played again until everything is completely exhausted.

I also play as entertainment, maybe between winning and losing I can still control well. In gambling I prefer to bet on football and boxing. it looks fun when we are enjoying the game and more excited to watch the game.
It is obvious that people like us cannot understand those that have gone through a period of gambling addiction, the only way in which we could do so would be if we experimented the same, still even if we cannot understand them we can see the consequences of their actions, so it is important to keep this in mind while we gamble and to always exert as much self-control as possible and we never bet more than what we planned during the session, as that is the way gambling addiction begins to manifests itself among those that developed an addiction to it.
full member
Activity: 1736
Merit: 121
May 01, 2022, 01:21:54 PM
^

You have a good approach to gambling. I also mostly play slots but sometimes try my luck in games that require skills such as poker but no matter how hard I try I almost always leave the table without my money. I have learned not to get upset about it because I understand that against me can play as bots and professional players. I treat the money I deposit as a ticket for admission to the game.

And that is how it should be at first place because the moment when a gambler tries to recover the losses it's their end game.
He will keep chasing the losses and will eventually lose all his money. This happens with the most of us.
Ofcourse there are times when some gamblers do win and take some money home but at the end of the day we keep losing it.

This is not the fault of a player who is an addict and to continue playing when you are losing is how to know the person who is an addict because they can not control the emotion, they want to regain the losses but which may not be possible. Playing with control helps you to exit when you are suppose to but difficult to do as your target is getting back the lost money.
hero member
Activity: 756
Merit: 629
May 01, 2022, 10:16:44 AM
I don't understand people who have gambled and lost all their possessions to gambling addiction. They often think that the next match will definitely win and return everything he has bet in the past. Often they fail in such thinking. And some people often reason to fill their spare time with gambling games. However, they are also addicted and sacrifice everything. Gambling must have a limit, we must control between losing and winning. Everyone has won at gambling and also lost, but they always multiply their winnings to be played again until everything is completely exhausted.

If you look around, you can see that such behavior is common not only in gambling - many people invest all their time in online games or even in sports (a few of the athletes achieve that their activities "pay off"). Maybe it's normal for a young age to get involved in something to the maximum, it's another thing when this happens in adulthood and breaks an already established life.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
May 01, 2022, 09:52:03 AM
I don't understand people who have gambled and lost all their possessions to gambling addiction. They often think that the next match will definitely win and return everything he has bet in the past. Often they fail in such thinking. And some people often reason to fill their spare time with gambling games. However, they are also addicted and sacrifice everything. Gambling must have a limit, we must control between losing and winning. Everyone has won at gambling and also lost, but they always multiply their winnings to be played again until everything is completely exhausted.

I also play as entertainment, maybe between winning and losing I can still control well. In gambling I prefer to bet on football and boxing. it looks fun when we are enjoying the game and more excited to watch the game.
That is so true. That is why gambling is forbidden in our culture, in what so ever way.
One losses control on oneself and hence result in life long loss of long long earning. I think one has to keep a serious control on oneself before diving into the Swimming pool of gambling. Its beautiful but its hard to get out of it - the exit slops are slippery.
Prohibition of gambling because many people cannot control themselves in gambling games. The government that prohibits it does not want to see more people become addicted to gambling if they play gambling continuously. If many people could still control themselves in playing gambling, maybe addiction problems would not increase every year. Therefore, if we like to play gambling, we must be able to control ourselves and always avoid playing too long and using more money. If we can do that, we will not worry and can avoid gambling problems.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
May 01, 2022, 09:45:58 AM
^

You have a good approach to gambling. I also mostly play slots but sometimes try my luck in games that require skills such as poker but no matter how hard I try I almost always leave the table without my money. I have learned not to get upset about it because I understand that against me can play as bots and professional players. I treat the money I deposit as a ticket for admission to the game.

And that is how it should be at first place because the moment when a gambler tries to recover the losses it's their end game.
He will keep chasing the losses and will eventually lose all his money. This happens with the most of us.
Ofcourse there are times when some gamblers do win and take some money home but at the end of the day we keep losing it.
full member
Activity: 952
Merit: 105
May 01, 2022, 07:44:09 AM
I don't understand people who have gambled and lost all their possessions to gambling addiction. They often think that the next match will definitely win and return everything he has bet in the past. Often they fail in such thinking. And some people often reason to fill their spare time with gambling games. However, they are also addicted and sacrifice everything. Gambling must have a limit, we must control between losing and winning. Everyone has won at gambling and also lost, but they always multiply their winnings to be played again until everything is completely exhausted.

I also play as entertainment, maybe between winning and losing I can still control well. In gambling I prefer to bet on football and boxing. it looks fun when we are enjoying the game and more excited to watch the game.
That is so true. That is why gambling is forbidden in our culture, in what so ever way.
One losses control on oneself and hence result in life long loss of long long earning. I think one has to keep a serious control on oneself before diving into the Swimming pool of gambling. Its beautiful but its hard to get out of it - the exit slops are slippery.
member
Activity: 336
Merit: 41
April 30, 2022, 05:37:58 PM
For me I prefer soccer gambling as one of the best  and easy game to gamble on. With your know of the team you're betting on, based on their current form and performance you could be able to decipher a bit closely the chances of you winning should you place your bet on such team.

On the other hand, one thing that keeps gamblers coming back after a huge loss is hope.

Imagine a gambler losing all his bet he placed in a game only to come back the next day with a higher bet placement believe he's going to win at some point to cover up the losses but only end up lossing more.

One other thing I observed that keeps gamblers continuously betting even though they lose is when they're actually gambling on a particular game they have love for and in return gives them pleasure not mind how much loss they incur.
hero member
Activity: 2996
Merit: 609
April 30, 2022, 05:11:56 PM
The best game I play gambling on is soccer, this is because soccer is the game that I'm very used to and I have been watching and playing soccer since I was young. I play gamble on soccer because I can I know I can win a bet because of how familiar I am to football.
This should be for every game. We bet for the games that we know that we have information and know how to watch the game itself.
There are new bettors that just place their bets and gamble even without knowing the actual game because we're all free to do that.  I have done that before with other sports that I don't know and not familiar with.

the edge is always there when you practically live and breath the sports you are betting on. this is why there are sportsbettors that can make a living out of this. also, when we are betting on a particular game, of course, we are hoping that we will win. so it is not advisable to bet if you have no idea with the sports. it is like you are playing on your luck not on your knowledge. for me, you are just wasting your time if you have no idea what you are betting with.
Yeah, and I know people that do it for a living in real life. They've been into it and I'm very much intrigued that they're doing it well and winning decent amount per bets.
And for betting with unfamiliar sports, this is really happening when you have nothing to bet for and you just want to see it goes around, so you want to try your luck.
Gambling or simply betting does really always some luck even though it would turn out to be included on analysis based or strategic kind of games you are involved into because having no luck
would really be putting you into sure loss no matter how good your bet is.

There are indeed people who do live with gambling profits.Yes, its mind boggling on how they would do that but there are really people who do already come into this point
but of course this isnt something that could be copied by everyone.
full member
Activity: 700
Merit: 102
April 30, 2022, 04:47:58 PM
I don't understand people who have gambled and lost all their possessions to gambling addiction. They often think that the next match will definitely win and return everything he has bet in the past. Often they fail in such thinking. And some people often reason to fill their spare time with gambling games. However, they are also addicted and sacrifice everything. Gambling must have a limit, we must control between losing and winning. Everyone has won at gambling and also lost, but they always multiply their winnings to be played again until everything is completely exhausted.

I also play as entertainment, maybe between winning and losing I can still control well. In gambling I prefer to bet on football and boxing. it looks fun when we are enjoying the game and more excited to watch the game.
legendary
Activity: 2352
Merit: 1121
☢️ alegotardo™️
April 30, 2022, 02:50:59 PM
Gambling in casinos and playing lottery is very different for me from betting on sports games. I have different motivations and expectations at each type of gamble. Sport betting for me is all about winning and making money. I make a bet on a team where I believe there is a good chance of winning. If I lose I hate being wrong and it's also the money that is gone. Usually I only bet on games that I like to watch anyways, so betting makes it a bit more interesting, but also let's a loss hurt more. And if I lose money a few times in a row I will take a break from it.
Gambling is mostly for fun for me, I love games like poker, black jack, dice and roulette. For years I have been playing them in online casinos and on offline casinos. I enjoy making some profits but I don't feel bad if I lose one night. It's part of the game, I know that in many games the casino has an edge over me. My goal in gambling is to have fun while keeping the losses small. And any bigger winnings I try to save.
Lotteries for me are not about fun and not about making money. I studied to much mathematics to know that winning big in a lottery is nearly impossible. For me lotteries is only a hedge among friend to not left behind. Once there is a new big jackpot we all pool together our money and buy the lottery as a group. So far we haven't won anything more than the money we put in. But I am only part of it because if they ever would win I don't want to be only guy in the group that's not a millionaire.

Your story is very interesting, and it really is the purest truth.

Sports games are hard to miss, but the profits there are few.
Card games are fun and I believe that those who know how to play poker can make a lot of money there too.

On the other hand, roulette, dice and other games I consider in the same category as the lottery, as they depend exclusively on luck, not on the player's skills... it's money to spend without feeling sorry for losing.
Pages:
Jump to: