What are the main points of gambling? - page 4.

Jaycoinz

sr. member

Activity: 476

Merit: 230

God is All

Quote from: Ojinga on May 09, 2024, 09:01:23 AM

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 are right on these, gambling is all about chance and luck, a lot of people are trying to make it a source of income, having this kind of mindset is going to do more harm than good.. coming up with strategies and tactics is another way of getting trapped in the delusion of thinking that you can constantly make Profit from it..it's all about taking responsible risks that you won't end up regretting even if you end up losing the bet.. taking notes of these points you mentioned is the right way to go..

mirakal

legendary

Activity: 3108

Merit: 1290

Leading Crypto Sports Betting & Casino Platform

Quote from: danherbias07 on June 16, 2024, 06:00:42 PM

Quote from: Obari on June 16, 2024, 04:41:52 PM

No matter how much people shy away from this, I think the major and paramount reason for any gambler to wager money is to make profit, and irrespective of what you think your intentions are, the moment you wager any amount of money, there is always the expectations of having a profitable return.
I don’t think people loss more in gambling because they don’t know their sim, but Simply because they don’t want to accept the fact that, they’re gambling to make a win and not just to entertain anyone.

Yes, that's correct. Let's not be hypocrites here, we all want to have some fun but at the same time, we also don't want to lose. We are expecting to win and that's why we start gambling. Double, triple, or whatever the multiplier is given to us so that we can withdraw it and maybe enjoy the profits in the future.
IMO, the first reason will always be to win and then the next one is to enjoy every moment of it which sometimes could get difficult if we are on a losing streak. Results could sway the emotions of a gambler and if we are winning that's when we can enjoy it more. I mean, who enjoys losing? I don't think any of us would still be smiling if we lost $100 or more.

Losing is not really in our mind but winning. We are motivated to gamble because we believe that when got lucky we become rich. Unfortunately, losing is usually what we get and instead of having fun, we end up regretting and frustrated. And people are going to casinos for money and they keep coming back in the chase of their losses. If this is what we keep in mind, I don't expect we consider gambling as entertainment but somewhat like money hunting.

Now I see that the only thing that makes a gambler happy is to win. Many gamblers stay out of their limits and spend more as they believe that luck comes around if we don't stop gambling.

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

Quote from: traderethereum on June 17, 2024, 06:18:57 AM

If those gamblers chase their wins, that will not gives a big chance since gambling is not like a source of income. They will see their money will be gone slowly or fast depends on how they use their money to gamble.

If you chase a loss you are guaranteed to lose. The thing to do is to stop playing and accept the loss and move on.

Quote

We can teach our children about many things including how to prevents their minds thinks about something wrong such as gambling

This is a sensitive area. Children need to be taught math and stats with science properly to be able to get a reasoning based logical mindset. Once that is developed, show them how gambling makes the casino will more than the player. They should be able to get a general idea about how it works and slowly introduce things to them that will guide them to make decisions when urge to play comes up.

Dr.Bitcoin_Strange

hero member

Activity: 770

Merit: 538

Leading Crypto Sports Betting & Casino Platform

Quote from: DaNNy001 on June 16, 2024, 05:20:41 PM

One thing about gambling that people fail to understand is that a gambler always say more of their winning that their loses and that's why I don't ever get tripped about people saying their winnings because at that very winning if you do check closely then you would know that person telling you about those have actually maybe experienced a lot of loses that followed up to that win.

Yeah, this makes me remember my friend who bought a new phone some years ago. That day, I was with him, and he was very broke and was using one bad phone, but surprisingly to me, I saw him with a new smart phone the next day. When I asked him how he just became rich overnight to get a new phone, he narrated to me how his game became successful and he won a huge amount of money. It was one of my motivations to start gambling later, but he made it clear to me that I will lose a lot of money before I can even get lucky enough to win a huge amount, if at all I am lucky. I appreciated him because he was honest with me. Gambling is not something to draw motivation from the winnings of other gamblers because your luck might not be the same as theirs.

Quote from: GigaBit on June 16, 2024, 06:00:18 PM

It is really easy to get rich through gambling if luck favors him. There are many people who cannot be so lucky. Even if they spend a long time in gambling, they do not win. Many people win big only after taking a few bets. Whether winning or losing, if the gambler conducts his gambling wisely, he can regain his fortune at some point. Although the purpose of gambling is not usually for earning , many consider it as a means of income. But I think gambling is suitable for those who are not afraid of losing. Gambling is certainly enjoyable if it can be achieved. If you manage the gambling by using your own experience without expecting too much, you can expect to win.

You are right, it is suitable to those that are gambling for fun, those risking just the amount they can afford to lose and those that are not scared of losing everything they have and stay broke Grin

In gambling, everyone bettors luck is not always the same.

traderethereum

hero member

Activity: 2870

Merit: 574

Vave.com - Crypto Casino

Quote from: slapper on June 16, 2024, 11:24:41 AM

Brother, you're right about greed. Besides money, gambling is about pleasure and pursuit. But that chase might become a habit faster than you can say "blackjack." Not fun or crazy. You stop enjoying the game and chase defeats. Teach children to recognize warning flags to prevent gambling. Try meditation, therapy, whatever works

This idea that gambling is pleasurable and safe? Just nonsense. It may seem innocent, but irresponsible behavior is like playing with fire in a bomb plant. People must learn to set limits and bet intelligently to avoid death. Yes, knowledge is power. First learn the game and odds, then set boundaries. Better a hot side dish than the main. Relying on technology to fill gaps is disastrous

If those gamblers chase their wins, that will not gives a big chance since gambling is not like a source of income. They will see their money will be gone slowly or fast depends on how they use their money to gamble.
We can teach our children about many things including how to prevents their minds thinks about something wrong such as gambling or other thing so they will not even try to thinks that. Our children will see other things can gives the fun and will use that way to have fun and not try to playing gambling.
If they can protect themselves from the wrong thing, they will be fine and will know how they can use their free time and will doing many positive things. If they somehow playing gambling, they will knows how to limits their gambling and will not playing gambling excessively because the risks will be bigger.

Accardo

hero member

Activity: 1302

Merit: 561

Leading Crypto Sports Betting & Casino Platform

Quote from: danherbias07 on June 16, 2024, 06:00:42 PM

Quote from: Obari on June 16, 2024, 04:41:52 PM

No matter how much people shy away from this, I think the major and paramount reason for any gambler to wager money is to make profit, and irrespective of what you think your intentions are, the moment you wager any amount of money, there is always the expectations of having a profitable return.
I don’t think people loss more in gambling because they don’t know their sim, but Simply because they don’t want to accept the fact that, they’re gambling to make a win and not just to entertain anyone.

Yes, that's correct. Let's not be hypocrites here, we all want to have some fun but at the same time, we also don't want to lose. We are expecting to win and that's why we start gambling. Double, triple, or whatever the multiplier is given to us so that we can withdraw it and maybe enjoy the profits in the future.
IMO, the first reason will always be to win and then the next one is to enjoy every moment of it which sometimes could get difficult if we are on a losing streak. Results could sway the emotions of a gambler and if we are winning that's when we can enjoy it more. I mean, who enjoys losing? I don't think any of us would still be smiling if we lost $100 or more.

It's fine to assume you both are correct on this and nothing is there to deny about gamblers having the tendency of expecting wins after wagering money. The issue is the increment in the desire to win this money. When one does gamble each day his desire for wins would begin to increase and could get out of control. Gamblers in high numbers both physical and online, responsible and irresponsible expect to win, yes, but the differences now comes in when some player can't condone the fact anymore that they'll have to lose even more than winning. Nobody is standing on the notion of not wanting to win while gambling. Doing the right things should be promoted, which is sticking to the plan of enjoying the game while having low desire for the wins.

topbitcoin

hero member

Activity: 1834

Merit: 720

Quote from: STT on June 16, 2024, 06:59:15 PM

Unknown risk for reward is the main points in gambling. The odds given are only a rough cover and estimation of the risk but the game is guessing on that risk better then others imo. People always want to argue it has to be money for it to be a legitimate gamble but I would argue otherwise. The biggest risk for me is being wrong and wasting my time being wrong in placing a bet.

I know people feel obliged to risk enough money that it hurts or its not a real gamble but people take stupid risks all the time in the same spirit as gambling and I class it all the same. Understanding why people take risk is part of understanding the motivation of the entire game, gambling origins are not money in its element imo.

But everything related to gambling is always about finance, it cannot be denied, gambling makers they want to get money from many customers in the game and also the gamblers who come to gambling want to get money and have to use money so that is gambling, although not always about money but something that is considered valuable in gambling can be a medium of exchange.

Speaking of risk is certainly the biggest of all because gambling is only a place for people who have luck if they want to get a big win with expectations in mind we call delusional gamblers who overdo it will only waste your time and energy, so it's not the right reason to seek profit with risks that are not even fair.

They are only driven by the adrenaline rush of gambling fun and with the thought of a great future with one or two hits in order to get an incredible change of fortune in a matter of minutes rather than working for a lifetime.

STT

legendary

Activity: 4102

Merit: 1454

Unknown risk for reward is the main points in gambling. The odds given are only a rough cover and estimation of the risk but the game is guessing on that risk better then others imo. People always want to argue it has to be money for it to be a legitimate gamble but I would argue otherwise. The biggest risk for me is being wrong and wasting my time being wrong in placing a bet.

I know people feel obliged to risk enough money that it hurts or its not a real gamble but people take stupid risks all the time in the same spirit as gambling and I class it all the same. Understanding why people take risk is part of understanding the motivation of the entire game, gambling origins are not money in its element imo.

mirakal

legendary

Activity: 3108

Merit: 1290

Leading Crypto Sports Betting & Casino Platform

Quote from: Rockstarguy on June 14, 2024, 04:36:19 PM

Quote from: JahriMeayer on June 13, 2024, 06:58:59 PM

The main point of gambling is, People should gamble for entertainment, it'll make a gambler happy while their favorite team win as well as a gambler also earn some money due to he bet on his favorite team. If anyone gamble for making money, then he should stopped gambling cause gambling is risky and uncertain. There's no surety. OP you mentioned 3 elements to be present but i found consideration and risk are major factor for gambling. A gamble should know how to manage or fix his gambling budget and how to manage the risk. Otherwise they'll be in problem although losses are also common thing in gambling and a gambler should admit it before place bets or start gambling

Gambling is supposed to be for fun, while a game is going on a bet can be placed on the team one thinks can win the game with money that one can afford to lose than only playing just to make money by all means. When people gamble just because they want to make money and if they lose they would want to still play again to recover their money and this time it is possible for the game to still end up as lose again. Their have never been a time people succeed to make steady income from playing gambling. Money gotten from playing bet happens as a result of luck, this is why people need to take gambling as for fun to be entertained and nothing much .

Gambling is more enjoyable when it is considered to be a game for fun, you don't have to be worried when you lose because one is not trying to win by all means . When it is considered to be fun it is easy to move one even if their is a lose.

However, the problem with these new gamblers these days is that they don't see anymore gambling as having fun but it's more on making money, and they get only fun if they are winning their bets. I guess everyone here sees more fun in gambling when there are profits, but still if you can gamble without high expectations to always win in the end, that would be better so you won't get easily drown into frustration and depression if you end up experiencing the worst in gambling.

danherbias07

legendary

Activity: 3346

Merit: 1134

Leading Crypto Sports Betting & Casino Platform

Quote from: Obari on June 16, 2024, 04:41:52 PM

No matter how much people shy away from this, I think the major and paramount reason for any gambler to wager money is to make profit, and irrespective of what you think your intentions are, the moment you wager any amount of money, there is always the expectations of having a profitable return.
I don’t think people loss more in gambling because they don’t know their sim, but Simply because they don’t want to accept the fact that, they’re gambling to make a win and not just to entertain anyone.

Yes, that's correct. Let's not be hypocrites here, we all want to have some fun but at the same time, we also don't want to lose. We are expecting to win and that's why we start gambling. Double, triple, or whatever the multiplier is given to us so that we can withdraw it and maybe enjoy the profits in the future.
IMO, the first reason will always be to win and then the next one is to enjoy every moment of it which sometimes could get difficult if we are on a losing streak. Results could sway the emotions of a gambler and if we are winning that's when we can enjoy it more. I mean, who enjoys losing? I don't think any of us would still be smiling if we lost $100 or more.

GigaBit

hero member

Activity: 1764

Merit: 514

Leading Crypto Sports Betting & Casino Platform

Quote from: Dr.Bitcoin_Strange on June 16, 2024, 09:04:53 AM

Quote from: leonair on June 16, 2024, 05:11:48 AM

Quote from: boty on June 13, 2024, 10:49:55 PM

Not everyone can think of gambling as a place where they look for entertainment and maybe there are some people who can think that of course they will not spend a lot of their money on gambling and they can know when is the right time to gamble and also usually they don't spend too much of their money for gambling of course this would be better, when someone gambles to get money from the gambling they play of course this is not very good because they will be lazy to do work which makes them have financial problems and when they have money of course the first thing all they will do is to gamble.
By limiting the funds that we will use for gambling, of course this will never make us spend a lot of time gambling and this can prevent us from becoming addicted to gambling and also from large losses in gambling.

Mistakes we make while gambling are losing our money for small greeds. Never be greedy while gambling because I have lost gambling many times due to greed. I now understand that gambling should be taken as entertainment. .If someone is thinking of earning money by gambling then maybe he will lose money like me and realize that gambling is very bad. I didn't understand how horrible gambling is at first.

Yea, that's correct. If you take gambling for just entertainment purpose, you will only have to lose the money you have made up your mind to sacrifice for either loss or profit, anyone luck that comes, you will accept it. Some people go into gambling because they saw someone that made a huge profit from it, they may not realize how long the person must have been gambling and how much the person have also lost in the past. Some people are lucky that they made profit just after a few losses but so many gamblers have been gambling for a very long time and yet no better profit and nothing to point at as a good thing they have archived.

It is really easy to get rich through gambling if luck favors him. There are many people who cannot be so lucky. Even if they spend a long time in gambling, they do not win. Many people win big only after taking a few bets. Whether winning or losing, if the gambler conducts his gambling wisely, he can regain his fortune at some point. Although the purpose of gambling is not usually for earning , many consider it as a means of income. But I think gambling is suitable for those who are not afraid of losing. Gambling is certainly enjoyable if it can be achieved. If you manage the gambling by using your own experience without expecting too much, you can expect to win.

DaNNy001

hero member

Activity: 644

Merit: 520

Leading Crypto Sports Betting & Casino Platform

Quote from: Dr.Bitcoin_Strange on June 16, 2024, 09:04:53 AM

Quote from: leonair on June 16, 2024, 05:11:48 AM

Quote from: boty on June 13, 2024, 10:49:55 PM

Not everyone can think of gambling as a place where they look for entertainment and maybe there are some people who can think that of course they will not spend a lot of their money on gambling and they can know when is the right time to gamble and also usually they don't spend too much of their money for gambling of course this would be better, when someone gambles to get money from the gambling they play of course this is not very good because they will be lazy to do work which makes them have financial problems and when they have money of course the first thing all they will do is to gamble.
By limiting the funds that we will use for gambling, of course this will never make us spend a lot of time gambling and this can prevent us from becoming addicted to gambling and also from large losses in gambling.

Mistakes we make while gambling are losing our money for small greeds. Never be greedy while gambling because I have lost gambling many times due to greed. I now understand that gambling should be taken as entertainment. .If someone is thinking of earning money by gambling then maybe he will lose money like me and realize that gambling is very bad. I didn't understand how horrible gambling is at first.

Yea, that's correct. If you take gambling for just entertainment purpose, you will only have to lose the money you have made up your mind to sacrifice for either loss or profit, anyone luck that comes, you will accept it. Some people go into gambling because they saw someone that made a huge profit from it, they may not realize how long the person must have been gambling and how much the person have also lost in the past. Some people are lucky that they made profit just after a few losses but so many gamblers have been gambling for a very long time and yet no better profit and nothing to point at as a good thing they have archived.

One thing about gambling that people fail to understand is that a gambler always say more of their winning that their loses and that's why I don't ever get tripped about people saying their winnings because at that very winning if you do check closely then you would know that person telling you about those have actually maybe experienced a lot of loses that followed up to that win.

Mia Chloe

sr. member

Activity: 448

Merit: 560

Crypto Casino and Sportsbook

Quote from: Mr. Magkaisa on June 16, 2024, 10:02:38 AM

- Have you ever seen anyone gamble for no reason? Even if the only intention is to spend time gambling, there is still a reason for it. That's why other people hope to get income from gambling, right? I don't see any other reason other than that they think it can be a source of income, for fun and entertainment, and to prolong their stress. Is there any other reason besides what I mentioned?

Because by playing gambling, you practice on yourself how to be greedy or not to be greedy, so that depends on each individual player who enters a casino platform in the field of the crypto business industry, right?

No matter how everyone tries to express it, gambling has a similar aim of making profit and it's natural. Of course everyone has their different personal reasons for gambling, however the general and similar aim is to win. Alot of persons often say that they gamble for fun which is true for some of them , however gambling is only fun when you are making wins as there is naturally no fun in losing as a gambler. Infact losing ain't funny.
The base fact still remains that no matter your reasons for gambling as a gambler, winning is also a prior motive by default.

Cookdata

hero member

Activity: 1106

Merit: 912

Not Your Keys, Not Your Bitcoin

Quote from: Obari on June 16, 2024, 04:41:52 PM

No matter how much people shy away from this, I think the major and paramount reason for any gambler to wager money is to make profit, and irrespective of what you think your intentions are, the moment you wager any amount of money, there is always the expectations of having a profitable return.
I don’t think people loss more in gambling because they don’t know their sim, but Simply because they don’t want to accept the fact that, they’re gambling to make a win and not just to entertain anyone.

Money is the motivation of gambling but there is something entertaining about gambling that you wouldn't have anywhere, that is if you do it in a manner you didn't gamble more than you can actually afford to lose, have you thought about that feeling when your predictions goes well. However, What are you going to feel when you lose a dollar or 2, probably nothing but you will feel something when you bet with $100 or more especially if when you lose.

Some of the time you see people gambling to make more money is their financial status, life isn't fair you know and there is no better alternatives out there, so people hope on gambling to make money and some people are really making some one time jackpot from it but the number is few compare to the total number of people that are winning. If at all everyone is winning, I'm not sure there will be a single casino that will be functioning.

Obari

hero member

Activity: 602

Merit: 442

A Proud Father of Twin Girls 👧 👧

No matter how much people shy away from this, I think the major and paramount reason for any gambler to wager money is to make profit, and irrespective of what you think your intentions are, the moment you wager any amount of money, there is always the expectations of having a profitable return.
I don’t think people loss more in gambling because they don’t know their sim, but Simply because they don’t want to accept the fact that, they’re gambling to make a win and not just to entertain anyone.

AmoreJaz

legendary

Activity: 3122

Merit: 1102

Leading Crypto Sports Betting & Casino Platform

Quote from: Mr. Magkaisa on June 16, 2024, 10:02:38 AM

- Have you ever seen anyone gamble for no reason? Even if the only intention is to spend time gambling, there is still a reason for it. That's why other people hope to get income from gambling, right? I don't see any other reason other than that they think it can be a source of income, for fun and entertainment, and to prolong their stress. Is there any other reason besides what I mentioned?

Because by playing gambling, you practice on yourself how to be greedy or not to be greedy, so that depends on each individual player who enters a casino platform in the field of the crypto business industry, right?

Basically, those are the main reasons why a gambler is playing in a casino or betting in a bookie. What else? Some people is in gambling to pass their time. However, they also have the goal of gaining some profits. Who would not want to have some winnings?

This is why it is no-brainer why someone is trying their luck in gambling. Definitely, money is always on the table. Why would someone spare their time and resources if they are not hoping to gain something?

tread93

hero member

Activity: 1386

Merit: 599

Quote from: Ojinga on May 09, 2024, 09:01:23 AM

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 could be more to that, some gambling requires skill and knowledge of the game, poker is a great example of this. You also need to know what your odds are. Whatever the probability is of winning etc etc

slapper

legendary

Activity: 1946

Merit: 1100

Leading Crypto Sports Betting & Casino Platform

Quote from: traderethereum on June 16, 2024, 05:37:23 AM

Quote from: leonair on June 16, 2024, 05:11:48 AM

Mistakes we make while gambling are losing our money for small greeds. Never be greedy while gambling because I have lost gambling many times due to greed. I now understand that gambling should be taken as entertainment. .If someone is thinking of earning money by gambling then maybe he will lose money like me and realize that gambling is very bad. I didn't understand how horrible gambling is at first.

Making a mistake is a normal thing that we do, especially in gambling but we have a chance to fix that mistake by introspect what we have done before so we will knows what is the mistake and start to fix it. Maybe it is difficult to gets the mistake but if we still searching and introspect for more, we will find the mistake and trying to fix the mistake.
We can be greed while playing gambling, especially when we wins but we must control ourselves so greed will not posses us and telling us to continue gambling. That is why we must learn self control and many things to avoids the effect of playing gambling so we can enjoy playing gambling.
Playing gambling is not for make money but we trying to enjoy our time and only use small money to fills the time. If we realizes that playing gambling excessively is bad, we will trying to control ourselves not to breaks the limit.

Brother, you're right about greed. Besides money, gambling is about pleasure and pursuit. But that chase might become a habit faster than you can say "blackjack." Not fun or crazy. You stop enjoying the game and chase defeats. Teach children to recognize warning flags to prevent gambling. Try meditation, therapy, whatever works

This idea that gambling is pleasurable and safe? Just nonsense. It may seem innocent, but irresponsible behavior is like playing with fire in a bomb plant. People must learn to set limits and bet intelligently to avoid death. Yes, knowledge is power. First learn the game and odds, then set boundaries. Better a hot side dish than the main. Relying on technology to fill gaps is disastrous

Mr. Magkaisa

sr. member

Activity: 952

Merit: 303

- Have you ever seen anyone gamble for no reason? Even if the only intention is to spend time gambling, there is still a reason for it. That's why other people hope to get income from gambling, right? I don't see any other reason other than that they think it can be a source of income, for fun and entertainment, and to prolong their stress. Is there any other reason besides what I mentioned?

Because by playing gambling, you practice on yourself how to be greedy or not to be greedy, so that depends on each individual player who enters a casino platform in the field of the crypto business industry, right?

YOSHIE

legendary

Activity: 2128

Merit: 1775

Quote from: Ojinga on May 09, 2024, 09:01:23 AM

What do you think about this people losses much? Does it mean they don't know the main points of gambling?

I'm not sure what you are saying, believe it or not, anyone who has been involved in gambling knows the points you mean, especially the risks, Even though you see that there are sequences that occur, otherwise gambling is based on following along or seeing other people's winnings and placing bets, I don't think that's the case.

When talking about losses, those who are experienced are also not immune from things that cause them to lose, whether they don't know all the points, in fact they know better and really understand what will happen during the game, Thus, there are no particular considerations in gambling, if you are lucky that day, that's when you can make a good amount of money and vice versa.

Whatever you do, you yourself determine the direction of the game, which is good and bad, no matter how good you are at avoiding risks or considering negative things, the next time you have bad luck, you will have a bad impact on the losses you suffer.

Topic: What are the main points of gambling? - page 4. (Read 1790 times)