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Topic: What are the main points of gambling? - page 13. (Read 1761 times)

hero member
Activity: 910
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I also think that many people don’t understand that it is possible to somehow systematize what we do in gambling. For example, many people don’t think about what potential profits are and the losses that can be tolerated in order to win. In fact, many of my understandings came from years of playing poker. I began to understand how my opponent thinks, what the pot odds are, what limits I need, how the poker room and casino make money, and many other things. I think if a player only plays slots or roulette, then he will probably never think about such things. Although now YouTube is full of various videos on this topic and you can learn a lot if the player only has the desire.
legendary
Activity: 2282
Merit: 3014
lol or how about some people just gamble for fun? I really wonder if the majority of people who participate in this board really are the gambling degenerates that it seems many are made out to be.  Why does everything spoken about on this website have to do with "making profits".  There's more to bitcoin as well as gambling than "making profits". 

The main point of gambling should be to have fun.
hero member
Activity: 1666
Merit: 513
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Gambling thus requires three elements to be present: consideration
 (an amount wagered), risk (chance), and a prize.

I noticed that people now don't actually know their main points of them gambling, some people gamble to earn daily and some people just gamble cause they saw their friends won in gambling. That's how they develop their gambling lifestyle and from their they get addicted to it. I've over heard people complaining about them losses, for me I think they don't know the main points of gambling. What do you think about this people losses much? Does it mean they don't know the main points of gambling?
There will be wins and losses in gambling but is it possible if gamblers only think about winning? Never possible. Losing is never a concern for me. But a growing trend among gamblers is winning. They become so eager to win fast in gambling that they make some common mistakes. They consider gambling as a source of income rather than as fun. Even they are becoming dependent on it for regular income. Such behavior of gamblers certainly increases their risk of losing. If you can stay away from gambling addiction and control your excessive cravings, I think there will be no more problems. It would be a big mistake for a gambler to plan gambling based on the other's winnings. In gambling Not everyone is lucky and not everyone wins.
hero member
Activity: 1036
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Gambling thus requires three elements to be present: consideration
 (an amount wagered), risk (chance), and a prize.

I noticed that people now don't actually know their main points of them gambling, some people gamble to earn daily and some people just gamble cause they saw their friends won in gambling. That's how they develop their gambling lifestyle and from their they get addicted to it. I've over heard people complaining about them losses, for me I think they don't know the main points of gambling. What do you think about this people losses much? Does it mean they don't know the main points of gambling?
You have also missed one element to  add that is the enjoyment of the gambling.
And I want to also say that you might be wrong because you are judging all the people who played gambling by  those people whom you see. And I think it's totally illogical. The main goal i.e. point of gambling is entertainment and those peoples who have others goals and reasons behind playing gambling for those all will face difficulties in their gambling and also in real life. So yes the peoples habhits you mentioned in your post those have the bad habhit and that is why they will also loss more than one general gamblers like who set a strategy to playing gambling like limiting the loss and profits amount.
hero member
Activity: 1876
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Main point as in what ? The motive ?

Most people gamble either to earn money or to have fun. There won't be any other motive apart from this I think.
I don't think motive has to do anything with the addiction because addiction happens only when they over gamble regularly.
Correct. Those who come to gamble have these two motives and I don't think there is anything else. Addiction to anything does not happen in a day or two and gambling addiction takes time, when a gambler gambles excessively and becomes so addicted to it that he becomes addicted to gambling. A relative of mine is losing gambling and now he is addicted to gambling to get back the lost money, but he is still losing. So those who prioritize earning more in gambling, are the ones who become addicted to gambling at some point.
sr. member
Activity: 658
Merit: 250
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Gambling is now part of my addiction at work and when i don't have money i borrow money from my friends and bet. But i have seen that almost most people gamble to make money so it should not be considered as a pursuit. When you get too addicted to something the amount of damage won't shock you. There are many people who lose bets again and again because they want to win. So those who are establishing themselves in gambling always have a risk taking attitude.
hero member
Activity: 616
Merit: 749

Main point as in what ? The motive ?

Most people gamble either to earn money or to have fun. There won't be any other motive apart from this I think.
I don't think motive has to do anything with the addiction because addiction happens only when they over gamble regularly.
The OP just gave his own opinion of why he thinks people gamble, well every individual have their own reason for gambling, some for fun, some for entertainment, some for the price there are some who see it as an opportunity to make a fortune but in whatever way any individual see it as, we should agree  with the fact that winning is not guarantee and no matter you point of view you're taking a risk to stand a chance of earning a price.

 Yeah too much of gambling leads to addiction no matter you point of view, whether for entertainment or whatsoever once you always spend time gambling your chances of becoming an addicted gambler becomes higher that's why on no account should any individual gamble on a regular even the owners of the Casino's and betting sites do advice individuals to gamble responsibly.
hero member
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Gambling thus requires three elements to be present: consideration
 (an amount wagered), risk (chance), and a prize.

I noticed that people now don't actually know their main points of them gambling, some people gamble to earn daily and some people just gamble cause they saw their friends won in gambling. That's how they develop their gambling lifestyle and from their they get addicted to it. I've over heard people complaining about them losses, for me I think they don't know the main points of gambling. What do you think about this people losses much? Does it mean they don't know the main points of gambling?

Gambling should be treated as entertainment. As a way to have an interesting and fun time, to get intense emotions for someone. I think that’s where everyone starts, but then many stop enjoying gambling. People then begin to think that they can start earning money from this on a regular basis, and many of them subsequently begin to experience problems with gambling and, accordingly, money. Problems come when the main rule is not followed - use only the money that you can afford to lose forever. For example, a person can go have a beer with friends and play billiards, or use the same money to place a bet instead of meeting with friends. When a person starts spending money that is important to his life, problems come.
The answer to your question is short - gambling is for entertainment, not for making money.
hero member
Activity: 1316
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Gamble like life - know what you're doing. Many individuals perceive a big win and leap in blindly, which is losing. Gamblers who study the game are the best. Building a firm involves risks, rewards, and probabilities. A blinded entry wont work. Losers face more than just underestimated odds. About self-awareness. Best players and businesses recognize their boundaries. Learn your mental and financial limits and set goals. Its about knowing oneself. Avoiding addiction requires that.

Gambling must be smarter than luck. Calculation, control, and understanding when to step away are key. The real satisfaction comes from playing the long game wisely, not chasing highs. Building that mindset helps players and improves gambling for everyone.
hero member
Activity: 2702
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Nothing lasts forever
Gambling thus requires three elements to be present: consideration
 (an amount wagered), risk (chance), and a prize.

I noticed that people now don't actually know their main points of them gambling, some people gamble to earn daily and some people just gamble cause they saw their friends won in gambling. That's how they develop their gambling lifestyle and from their they get addicted to it. I've over heard people complaining about them losses, for me I think they don't know the main points of gambling. What do you think about this people losses much? Does it mean they don't know the main points of gambling?

Main point as in what ? The motive ?

Most people gamble either to earn money or to have fun. There won't be any other motive apart from this I think.
I don't think motive has to do anything with the addiction because addiction happens only when they over gamble regularly.
hero member
Activity: 2086
Merit: 501
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What do you think about this people losses much? Does it mean they don't know the main points of gambling?

I don’t even understand what are you trying to express on the points that you mention. People will still loses even if they understand the principle of gambling or not as long as they are still gambling. What important is they use it for entertainment purposes without using an important money dedicated to other matters.

House edge will always makes gambler lose plus poor bankroll management equals significant losses. However, all this losses will never be a big deal if all gamblers is a responsible gambler which is using only an amount that they can afford to lose.

LOL, I also don't understand the point here, but I agree no matter how much they know or do in gambling the chance to lose is still there.
And for those who lose too much on gambling, they are the ones who couldn't control their self, they don't know when to quit or stop.
We all have different reason why we gamble and I think most of us doesn't really care much about the point of gambling, as long as we are getting what we came for,(entertainment, fun, socializing, or profit) I think this are the main reason why we gamble.
hero member
Activity: 812
Merit: 560
Gambling thus requires three elements to be present: consideration
 (an amount wagered), risk (chance), and a prize.

I noticed that people now don't actually know their main points of them gambling, some people gamble to earn daily and some people just gamble cause they saw their friends won in gambling. That's how they develop their gambling lifestyle and from their they get addicted to it. I've over heard people complaining about them losses, for me I think they don't know the main points of gambling. What do you think about this people losses much? Does it mean they don't know the main points of gambling?

Not all of them have the same kind of understanding we all have about gambling, some are taking it for making money while some are just busy going after the way other people behave in gambling as same and being applicable in their own case, such could be found with reckless gambling and others who gambles irresponsibly, but for someone who truly understands what is required of him being a gambling, he will do things moderately while gambling and will not loose focus for any reason.
sr. member
Activity: 1918
Merit: 370
There are a lot of reasons why people gamble; some of us have the same reason or not. Some gamble just to have fun; they just want entertainment. Gambling offers excitement, thrills, and interaction with other people. Whether it's playing cards at home or visiting a casino, entertainment is a big factor in why people gamble. Some hopes to win money, it is a strong motivator why people gamble, even though the odds are against the gamblers, the chance to gain money is really attractive. Also, just like what I've said, when we are gambling, we are socializing with others. This can be another reason why people gamble; it provides an opportunity to socialize and connect with others.
 
Even though we have our own reasons why we are gambling, as long as we practice responsible gambling, like setting limits on time and money spent, then gambling can still be a safe and enjoyable pastime.
hero member
Activity: 994
Merit: 701
Gambling thus requires three elements to be present: consideration
 (an amount wagered), risk (chance), and a prize.

I noticed that people now don't actually know their main points of them gambling, some people gamble to earn daily and some people just gamble cause they saw their friends won in gambling. That's how they develop their gambling lifestyle and from their they get addicted to it. I've over heard people complaining about them losses, for me I think they don't know the main points of gambling. What do you think about this people losses much? Does it mean they don't know the main points of gambling?

The main point of gambling could differ from different people but what everyone knows and foresee in the point of gambling is that it is a game meant to make you profitable. Any other points asides this cannot be a valid point why some people gamble. Those that are always complaining about their losses is because they’ve made up their mind to only come into gambling to win and if theirs no win, they should be no point of them continuing gambling. Let everyone see gambling as what they feel it is and not to be blamed on what they settle on about gambling.
legendary
Activity: 3416
Merit: 1225
Gambling is all about putting a bet, taking a chance, and hoping to win, it depends on who's looking to define what gambling is, for those who only think of money, the point of gambling is just taking a chance, for casinos, its entertainment they want you to look their platforms as a platform of entertainment and for humanitarian the point of gambling is to gamble responsibly.
Each one of us has our own definition and points about gambling, but in its real meaning, it's all about taking a chance.
hero member
Activity: 1092
Merit: 747
Gambling thus requires three elements to be present: consideration
 (an amount wagered), risk (chance), and a prize.
So if I may ask, what's the difference between "Amount wagered" and "Prize", because looking at these two factors, I think they are the same, and as such, what I think are the three elements for gambling to take place are first, an "individual", a "Platform" and an "Amount" (i.e prize to be wagered). While anything apart from that are secondary factors, such as odds, kind of game and e.t.c

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I noticed that people now don't actually know their main points of them gambling
There have always been two main points why people gamble, one, for money and secondly for fun, anything apart from that are secondary reasons. Because, if a person saw that his friends gambled and won, and next time decided to follow gamble, it still also means he went there for the money, and nothing else.
sr. member
Activity: 182
Merit: 120
Considering all this is actually necessary at the moment , the valid point I can relate when gambling; the amount used and how comfortable a gambler feel gambling with such amount. Gambling for gain is normal but, not so excess as most people view that’s why people choose gambling for fun because you don’t get lucky always and you have to accept the end result, like preparing your mind ahead so you don’t get angry wanting more for a lucky win. I read a thread about gamblers gambling more when angry, all this might stand as a challenge and it’s not advisable staking your money over and over again just for a win, after considering all this it’s better a gambler stake what they can afford to lose.
hero member
Activity: 1050
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Gambling thus requires three elements to be present: consideration
 (an amount wagered), risk (chance), and a prize.

I noticed that people now don't actually know their main points of them gambling, some people gamble to earn daily and some people just gamble cause they saw their friends won in gambling. That's how they develop their gambling lifestyle and from their they get addicted to it. I've over heard people complaining about them losses, for me I think they don't know the main points of gambling. What do you think about this people losses much? Does it mean they don't know the main points of gambling?
Whether we play gambling just for fun or not the main reason is just to win to make some money, if gambling is not all about to make money I don't think people will just play and not expecting anything in return.  The reason for playing is to win to make money but some people misunderstand gambling.  Even if playing is all about to win money it doesn't mean we need to play too much to make money by all means. Their should be understanding to know that gambling is risky and chasing the wins by all means can lead one into serious problems.  Let it just be for fun and to play with amount that you can afford to lose.
hero member
Activity: 2184
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Main points.of gambling and reasons for gambling are different..i think that people do not care about the main points of gambling because to them it is inconsequential. What matters is the reason for gambling which a lot of people do not know. Than that is why we have a lot of people spending money that they cannot afford to lose on gambling. They also go as far as loaning money to gamble and do a whole lot of other stupid s*** just for gambling because they do not know their why for gambling. This leads to an increasing number of gambling addict. People blame casinos and sports betting sites for this reason but it is obvious that a lot of people do not know why they are gambling or should be gambling.
I agree with you that the most important point that needs to be understood is the reason why gambling, it is the main thing in gambling before we talk about risk, money, prizes and others, we need a reason to gamble.

And if you look at it here everyone has their own interests why they visit the casino or gamble, and that's where we will talk about what the OP said, I often see people who are described in your case, they are generally fomo of other people's victories from the casino that make them interested in gambling without exploring why they gamble and why should be in gambling to do that activity, a person will lose his mind and do not know himself when he does not understand why they do it.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
Going with the OP's perspective, most people who begin gambling have the prize on their mindset but they forget the risk or chance and the amount wagered.

Because the risk needs to be understood properly before initiation of the game, most youngsters who start out dont spend time on that because it is all math stuff and just follow the impulse. With that they are not only harming their income but also setting up a harmful life ahead if they dont realize it early.

Still the main reason to gamble should be for having fun and not for making money.
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