When you are not to gamble. - page 19.

Miles2006

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Quote from: odunybiz on February 27, 2024, 05:20:34 PM

👉👉To regain back your loses
Pursuing loses in gambling make you lose more. So it better to have a break when you have lose alot. That period may not be your own lucky time to win. Taking a break can help you to avoid being addicted and also save you from losing more.

👉👉Under pressure or frustration
Gambling under pressure or frustration may make you go beyond your plan. It can also make you to make wrong decision from your bet. So it's better to do away with gambling during this period.

CONCLUSION
Gambling should be fun, it's better to stay away when it has started to become a problem.

Taking a break doesn’t necessary mean quit forever, people do mistake this and they continue gambling regardless. What I understood by taking a break is engaging in different activities like comfort activities trying to relieve yourself a little because sometimes a gambler can over gamble and unknowingly they just gamble and gamble but no result. In times like this taking break is needed as most people will say, I only stop when I want to surpass my gambling budget and this is still right. Secondly, no gambler should gamble when facing different difficulties and frustration, just like a drunkard facing challenges and decide to drink much I believe the person might end up doing something crazy at that state. Gambling can also affect our emotions during this time, all points are valid but, most gamblers see gambling as an occupation and it’s wrong, although every gambler will want to gamble for the gain and nothing else and not everyone will get so lucky gambling frequent.

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Quote from: Aanuoluwatofunmi on May 07, 2024, 02:28:38 PM

quote]
It important that gamblers should know this, gambling under influence is never a good idea, they may have to make their set target and see that they work towards it, its not a decision for them to completely stop drinking or taking any other form of addictions they are used to already, but we may have to reevaluate the way things are for the benefits of our own sake, we can drink when we are not gambling and while gambling, we should abstain from getting drunk.

A gambler who wagers on games and was in the influence of alcohol or any narcotic substance actually gamble to waste money, you can make the right decision gambling when you are high, even on a normal circumstance that one gamble in a normal situation, bets can be lost then why would someone even think of going extra mile of been on infleuing. I'm not sure of people that do cannabis substance but alcohol is a big no no even if you don't stager. Grin

One disadvantage of been on influence when gambling, as a sport bettor when you finish picking your games and has bet already, a review can make you change your mind when you see a bad option but trust me, that influence will not make you know where the mistake is coming from, you will likely ignore that mistake and you will surely lose that game.

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Quote from: Aanuoluwatofunmi on May 07, 2024, 02:28:38 PM

Quote from: ?? on ??

Quote from: Slow death on April 30, 2024, 06:55:40 PM

With the increase in alcohol consumers, companies that produce alcohol seem to have increased alcohol production, and many young people are easily seen consuming alcohol while smoking and while playing in casinos, most people who consume alcohol even justify themselves with arguments people who are consuming alcohol to relax while they are playing, but I wonder how a person who is consuming alcohol will stay focused on the game?

Maybe the casinos keep offering alcohol because they know that this means customers won't be able to concentrate on the game and since gambling shouldn't be seen as a source of income, so when the casinos give alcohol and the person loses at the game, it's not the casino's fault. , it's the person's fault and there's also no problem with the person losing because the games should be seen as just fun, that's the thinking of the owner of the physical casino. and unfortunately the majority of young people nowadays are alcohol dependent people

For some people who consume alcohol, of course this will benefit the alcohol production company and also the casino and I agree with what you say, if someone consumes excessively, it will certainly be very difficult to concentrate which will make them lose the bets they play and The casinos cannot be blamed for this because they themselves choose to consume it and for those who are very dependent on alcohol, of course they consider this to be normal if they still consume it in moderation.

It important that gamblers should know this, gambling under influence is never a good idea, they may have to make their set target and see that they work towards it, its not a decision for them to completely stop drinking or taking any other form of addictions they are used to already, but we may have to reevaluate the way things are for the benefits of our own sake, we can drink when we are not gambling and while gambling, we should abstain from getting drunk.

The bad thing that you would really be able to encounter on the time that you do make some gambling under the influence of alcohol is that you cant really be able to make out some wise and right decisions.

This isnt really just that limited to gambling alone but also in other things in life as well or into those situations or conditions on which it would really be that not right on dealing up with things when you are drunk.
Making up decisions would really be that vague and this is something that you would really be needing up to consider about because once you do make out some decisions without having those risks
minding thing and ended up with a mess, on the time that everything is clear up then you would be starting on having those huge regrets on what you have done. Cheesy

Aanuoluwatofunmi

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Quote from: Slow death on April 30, 2024, 06:55:40 PM

With the increase in alcohol consumers, companies that produce alcohol seem to have increased alcohol production, and many young people are easily seen consuming alcohol while smoking and while playing in casinos, most people who consume alcohol even justify themselves with arguments people who are consuming alcohol to relax while they are playing, but I wonder how a person who is consuming alcohol will stay focused on the game?

Maybe the casinos keep offering alcohol because they know that this means customers won't be able to concentrate on the game and since gambling shouldn't be seen as a source of income, so when the casinos give alcohol and the person loses at the game, it's not the casino's fault. , it's the person's fault and there's also no problem with the person losing because the games should be seen as just fun, that's the thinking of the owner of the physical casino. and unfortunately the majority of young people nowadays are alcohol dependent people

For some people who consume alcohol, of course this will benefit the alcohol production company and also the casino and I agree with what you say, if someone consumes excessively, it will certainly be very difficult to concentrate which will make them lose the bets they play and The casinos cannot be blamed for this because they themselves choose to consume it and for those who are very dependent on alcohol, of course they consider this to be normal if they still consume it in moderation.

It important that gamblers should know this, gambling under influence is never a good idea, they may have to make their set target and see that they work towards it, its not a decision for them to completely stop drinking or taking any other form of addictions they are used to already, but we may have to reevaluate the way things are for the benefits of our own sake, we can drink when we are not gambling and while gambling, we should abstain from getting drunk.

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Quote from: odunybiz on March 05, 2024, 06:58:47 PM

Quote from: chaser15 on February 29, 2024, 11:31:27 AM

how come they can gamble if lacking money in the first place?

If money is needed urgently, that doesn't mean they don't have money at all. Imagine you need $200 but you have $15. Some may think of gambling as a means of increasing the money to the desire amount. This is seriously an issue for some gamblers as they end up losing everything.

This senairo captured the recent happening in the gambling system as many gamblers indulge exactly on this, some gamblers have centered their heart towards it as means of generating money to meet up there lack or financial vacuum, therefore end up lossing more than they expected because the work against the original purpose of the gambling system, where spare fund could be used and also left the part of fun associated with the gambling why pursueing the money side of it.

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Quote from: wiss19 on May 02, 2024, 05:24:53 AM

Loan sharks can't force someone to take loans from them, so it is the people who are taking those loans who are getting themselves in trouble because the decision is our own at the end of the day. If I'm out of money, it is my responsibility to see what I can do about this matter if I know that I can't return the loan on time and I will lose whatever I might keep as collateral, I shouldn't take the loan, if I take it regardless of that, it is my mistake and no one else to be blamed for that.

People providing loan services are doing their business, they give others money they have and take profit from that just like how a person would run a business in any other sector using their money, they aren't doing anything wrong in my opinion, and it's our choice to be responsible or not.

I will disagree partially with what you wrote, I agree that each person must be responsible for their own actions, so if a person took a loan they knew could not pay out then that was their decision and it was their mistake, however loan sharks are operating outside the law and what they are doing is illegal, as they charge interest rates that are so high that it could easily bankrupt a person in a matter of weeks, so it is clear loan sharks are preying on vulnerable people just to victimize them even further, so while the person asking a loan from a loan shark is making a huge mistake, the loan shark is committing a series of crimes.

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Quote from: AbuBhakar on April 27, 2024, 12:51:46 PM

Quote from: Betwrong on April 25, 2024, 05:12:08 AM

You are right, no one should lend money to a gambler for gambling. If you lend them money you might make their situation even more miserable. There is a good possibility for them to lose the money and then being in debt to seek another person they could lend money from and gamble again struggling to win and return the debt to you. It could turn into a vicious circle for them. No one wants that.

Sadly, a lot of loan shark target gamblers specifically for giving a loan since they always ask for collateral that is over value to the loan amount so that they will always at profit regardless if the gambler pay the loan amount or not.

I witness a lot of this kind of loan shark on physical casino that offering loans on loser gambler. You’re right that loan shouldn’t be offered to gamblers since it will just fuel an addiction to play more due to the extra credit that they can get.

Loan sharks can't force someone to take loans from them, so it is the people who are taking those loans who are getting themselves in trouble because the decision is our own at the end of the day. If I'm out of money, it is my responsibility to see what I can do about this matter if I know that I can't return the loan on time and I will lose whatever I might keep as collateral, I shouldn't take the loan, if I take it regardless of that, it is my mistake and no one else to be blamed for that.

People providing loan services are doing their business, they give others money they have and take profit from that just like how a person would run a business in any other sector using their money, they aren't doing anything wrong in my opinion, and it's our choice to be responsible or not.

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Quote from: Jody.Drummer on April 27, 2024, 12:45:49 PM

Quote from: Betwrong on April 25, 2024, 05:12:08 AM

~

Yes it is and maybe simply lending money to gamblers to gamble is indirectly like you are encouraging and directing them to a much worse situation based on the idea of “helping”, on the other hand I understand that helping is a good action which is a fact that we as humans are obliged to help each other, but it is a mature mindset if you first think about the various bad effects that will befall them before you lend the money.

We have to have a mature mindset indeed to not be like someone who's giving a rope to someone who wants to end his life. Not everything that is asked from you should be given right away, we must take our time to think at least a minute.

Quote from: Jody.Drummer on April 27, 2024, 12:45:49 PM

Lending money is not forbidden but we must think rationally and if for example we know that their intention and purpose of borrowing is to gamble then it is clearly better not to lend it because another thing to worry about is the possibility that they will not pay their debts because someone who is addicted usually they will always prioritize their gambling activities when they have money compared to paying their debts to others which means it is clearly likely that you will not be able to get your money back.

Instead of lending to them money we should try to make them think straight. If we see that we are unable to do that, we should suggest going to a professional. We should try to do everything we can to prevent them from risking money again.

Quote from: AbuBhakar on April 27, 2024, 12:51:46 PM

Quote from: Betwrong on April 25, 2024, 05:12:08 AM

~

Sadly, a lot of loan shark target gamblers specifically for giving a loan since they always ask for collateral that is over value to the loan amount so that they will always at profit regardless if the gambler pay the loan amount or not.

I witness a lot of this kind of loan shark on physical casino that offering loans on loser gambler. You’re right that loan shouldn’t be offered to gamblers since it will just fuel an addiction to play more due to the extra credit that they can get.

True. In fact they don't to lend the money to those poor gamblers, they want to take the collateral.

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Quote from: nullama on May 01, 2024, 03:35:33 AM

Quote from: Slow death on April 30, 2024, 06:55:40 PM

With the increase in alcohol consumers, companies that produce alcohol seem to have increased alcohol production, and many young people are easily seen consuming alcohol while smoking and while playing in casinos, most people who consume alcohol even justify themselves with arguments people who are consuming alcohol to relax while they are playing, but I wonder how a person who is consuming alcohol will stay focused on the game?

Maybe the casinos keep offering alcohol because they know that this means customers won't be able to concentrate on the game and since gambling shouldn't be seen as a source of income, so when the casinos give alcohol and the person loses at the game, it's not the casino's fault. , it's the person's fault and there's also no problem with the person losing because the games should be seen as just fun, that's the thinking of the owner of the physical casino. and unfortunately the majority of young people nowadays are alcohol dependent people

With alcohol people tend to lower their inhibitions, and risk more.

That's perfect for the casino, which wants the gamblers to risk more and more money.

It's no accident that they provide you with free alcoholic drinks and food as well so that you stay there longer than normal.

A crazy night of going "all in" fueled by alcohol could be devastating financially for the gambler, but that's a huge win for the casino.

Gambling is something that should done with a sound and clear mind, taking alcohol when gambling will only impare one's judgement and often leads to riskier outcomes.
That's why it's very important to try as much as possible to avoid accompanying your gambling sessions with alcohol because this can be a very dangerous combination because when intoxicated, gamblers can end up making impulsive decisions and even spending more than they initially intended to.

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Quote from: odunybiz on February 27, 2024, 05:20:34 PM

Gambling can be fun and also become a serious problem if not done appropriately. Alot of gambler get themselves into problem because they gamble anyhow and anytime. There are some times you should take a break in gambling so that you won't become an addict or give yourself problem.

Unfortunately, many people are unable to control themselves when gambling and they are unable to control their emotions when involved in it. Gambling will be much more fun when people only enjoy small bets like in football and the purpose of betting is just to enjoy the game.
But because many people find it difficult to be responsible in gambling, it will make them increasingly addicted and ultimately their involvement in gambling can no longer be controlled.

Quote

CONCLUSION
Gambling should be fun, it's better to stay away when it has started to become a problem.

The key is in each of us and if gambling is seen as a place to have fun then people actually have to gamble with a much more responsible budget so that they can control their gambling better.

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Quote from: ?? on ??

Quote from: Slow death on April 30, 2024, 06:55:40 PM

With the increase in alcohol consumers, companies that produce alcohol seem to have increased alcohol production, and many young people are easily seen consuming alcohol while smoking and while playing in casinos, most people who consume alcohol even justify themselves with arguments people who are consuming alcohol to relax while they are playing, but I wonder how a person who is consuming alcohol will stay focused on the game?

Maybe the casinos keep offering alcohol because they know that this means customers won't be able to concentrate on the game and since gambling shouldn't be seen as a source of income, so when the casinos give alcohol and the person loses at the game, it's not the casino's fault. , it's the person's fault and there's also no problem with the person losing because the games should be seen as just fun, that's the thinking of the owner of the physical casino. and unfortunately the majority of young people nowadays are alcohol dependent people

For some people who consume alcohol, of course this will benefit the alcohol production company and also the casino and I agree with what you say, if someone consumes excessively, it will certainly be very difficult to concentrate which will make them lose the bets they play and The casinos cannot be blamed for this because they themselves choose to consume it and for those who are very dependent on alcohol, of course they consider this to be normal if they still consume it in moderation.

You're absolutely right that one should avoid getting himself under the influence of any substance while gambling.
Gambling is something that should be done with a clear mind, in order to allow calculate the risks properly before making your stakes, which isn't mostly possible when you're intoxicated by an alcohol.
Well of course the only exception is if it's consume moderately as you've said, but one thing we must consider is that gambling can easily influence ones current emotions and actions in some way, whether negatively or positively so it's better to completely stay of substances while in the casino.

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Quote from: usekevin on April 30, 2024, 04:19:23 PM

Quote from: oktana on April 30, 2024, 03:45:02 PM

Looking at it averagely, the chance of winning gambling games is 50/50. For instance, a coin flipping gambling game leaves you 50/50, because it’s obviously either head or tail and when you pick one of those, you’re 50% likely to get it right. Even in roulette, and many other games, there are 50/50 chances.

Sports betting is an example of a game that has the ability to not be 50/50. For instance, you can predict the exact goals that will come from the match and the probability for that isn’t 50/50 because there are a bunch of many other possible scores (which is why the reward for such predictions is usually higher).

The gambler mostly failed to accept the phenomenon the chance of winning is only 50 percentage.Mostly they except the possibility of winning from the game,if the winning chances was loss.They started to lose their inner peace of mind,loss will hurt both the rich and poor man.Because they are using the real money for the game.But the rich man accept the loss,because money generated by the rich man using the business.But the poor man only getting the money as the salary from the rich man.So some people consider the gambling as rich man game.

But it’s not real,if you ready to accept the loss of money.You can play the gambling with the real money.Most of the experienced gamblers ready to accept the loss or profit in their game,because if he win the game.They know they never going to complain,So why should the complain was made to the loss on the gambling site.Improve the skills in game,one day the loss was turned into profit.

I don’t think gambling is just for the rich as you say people consider. I rather think that it is based on your pocket and one shouldn’t go over their head. While one is staking $10, there’s someone out there staking 100 times of that. For example Drake who stakes up to $500k and $1M. So everyone is meant to do what they can afford. For a salary earner, using a little fraction of your salary is fine, just don’t cross the line.

Quote from: DaNNy001 on April 30, 2024, 04:50:50 PM

Quote from: oktana on April 30, 2024, 03:45:02 PM

Quote from: Orpichukwu on April 29, 2024, 01:06:59 PM

Quote from: oktana on April 24, 2024, 03:59:28 PM

It’s not necessarily highly unlikely. Gambling still gives the average 50/50 chance of win/failure. So, you could still win anyways, but 50/50 is quite a risk for someone who is desperate for the money. In regard to taking loans, that may be a better option but for me, I avoid loans a lot because it’s improper to spend your future money. Money you have no clue yet how much work you’ll put in to get it.

On what ratio do you use to rate the gambling chance of winning and losing to be 50/50? Because I see gambling having a higher chance of winning over the gambler, the gambler most of the time has a very minimal chance of winning in every game compared to how they can lose to gambling, the risk is far more than 50/50.

~~~

Looking at it averagely, the chance of winning gambling games is 50/50. For instance, a coin flipping gambling game leaves you 50/50, because it’s obviously either head or tail and when you pick one of those, you’re 50% likely to get it right. Even in roulette, and many other games, there are 50/50 chances.

Sports betting is an example of a game that has the ability to not be 50/50. For instance, you can predict the exact goals that will come from the match and the probability for that isn’t 50/50 because there are a bunch of many other possible scores (which is why the reward for such predictions is usually higher).

I don't know if the point you are given is truly understood by me but I would just like to add that be it sports betting or any type of betting the probability of winning against losing is always actually the same or if any difference then it will always favour the casino rather than the players. So many people in Nigeria is also tied with this mentality as they feel they are comfortable with any little winnings and earning. But the game is about the bigger picture because That's what really matters with my children

No. Not every game has a 50/50 probability of winning/losing. Maybe you should research as my explanation may not be elaborate enough.

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Quote from: Slow death on April 30, 2024, 06:55:40 PM

With the increase in alcohol consumers, companies that produce alcohol seem to have increased alcohol production, and many young people are easily seen consuming alcohol while smoking and while playing in casinos, most people who consume alcohol even justify themselves with arguments people who are consuming alcohol to relax while they are playing, but I wonder how a person who is consuming alcohol will stay focused on the game?

Maybe the casinos keep offering alcohol because they know that this means customers won't be able to concentrate on the game and since gambling shouldn't be seen as a source of income, so when the casinos give alcohol and the person loses at the game, it's not the casino's fault. , it's the person's fault and there's also no problem with the person losing because the games should be seen as just fun, that's the thinking of the owner of the physical casino. and unfortunately the majority of young people nowadays are alcohol dependent people

With alcohol people tend to lower their inhibitions, and risk more.

That's perfect for the casino, which wants the gamblers to risk more and more money.

It's no accident that they provide you with free alcoholic drinks and food as well so that you stay there longer than normal.

A crazy night of going "all in" fueled by alcohol could be devastating financially for the gambler, but that's a huge win for the casino.

Slow death

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With the increase in alcohol consumers, companies that produce alcohol seem to have increased alcohol production, and many young people are easily seen consuming alcohol while smoking and while playing in casinos, most people who consume alcohol even justify themselves with arguments people who are consuming alcohol to relax while they are playing, but I wonder how a person who is consuming alcohol will stay focused on the game?

Maybe the casinos keep offering alcohol because they know that this means customers won't be able to concentrate on the game and since gambling shouldn't be seen as a source of income, so when the casinos give alcohol and the person loses at the game, it's not the casino's fault. , it's the person's fault and there's also no problem with the person losing because the games should be seen as just fun, that's the thinking of the owner of the physical casino. and unfortunately the majority of young people nowadays are alcohol dependent people

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Quote from: oktana on April 30, 2024, 03:45:02 PM

Quote from: Orpichukwu on April 29, 2024, 01:06:59 PM

Quote from: oktana on April 24, 2024, 03:59:28 PM

It’s not necessarily highly unlikely. Gambling still gives the average 50/50 chance of win/failure. So, you could still win anyways, but 50/50 is quite a risk for someone who is desperate for the money. In regard to taking loans, that may be a better option but for me, I avoid loans a lot because it’s improper to spend your future money. Money you have no clue yet how much work you’ll put in to get it.

On what ratio do you use to rate the gambling chance of winning and losing to be 50/50? Because I see gambling having a higher chance of winning over the gambler, the gambler most of the time has a very minimal chance of winning in every game compared to how they can lose to gambling, the risk is far more than 50/50.

~~~

Looking at it averagely, the chance of winning gambling games is 50/50. For instance, a coin flipping gambling game leaves you 50/50, because it’s obviously either head or tail and when you pick one of those, you’re 50% likely to get it right. Even in roulette, and many other games, there are 50/50 chances.

Sports betting is an example of a game that has the ability to not be 50/50. For instance, you can predict the exact goals that will come from the match and the probability for that isn’t 50/50 because there are a bunch of many other possible scores (which is why the reward for such predictions is usually higher).

I don't know if the point you are given is truly understood by me but I would just like to add that be it sports betting or any type of betting the probability of winning against losing is always actually the same or if any difference then it will always favour the casino rather than the players. So many people in Nigeria is also tied with this mentality as they feel they are comfortable with any little winnings and earning. But the game is about the bigger picture because That's what really matters with my children

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Quote from: Antotena on April 24, 2024, 03:04:33 PM

Quote from: shivansps on April 21, 2024, 11:26:46 AM

You said it well. But here's the thing: A person who is addicted to gambling cannot stop gambling. This is the whole problem of addiction. If a person is able to stop gambling, then it will no longer be an addiction. It's like telling an alcoholic who has a big problem with it, stop drinking if you feel like you're addicted to it.

You can be addicted to anything, you can realize that you are indeed addicted and you can quit it if you are already not dead inside, I mean if your conscience is still right in there but if you your conscience is not there, you wouldn't be able to different between right and left. So for gambling, if you are not that deep into gambling, you can stop addiction and you can't stop gambling forever if you really want to stop it.

Even some that takes alcohol can stop, this things are natural things that we do, drinking alcohol doesn't solve your problem, it just makes you think away for that particular time and as soon as the atmosphere becomes clear, the first thing that comes your head are those problems. Better face your challenges and quit anything addiction the earlier the better.

Your point of view is acceptable to some extent, but I would like to emphasize the danger of gambling as a type of addiction. It is distinguished from alcohol or drugs in that it does not require adding chemical compounds to the body. Rather, it is what is called in psychology “behavioral addiction,” which is a complex psychological condition that the brain reaches by virtue of getting used to performing a certain habit and cannot get rid of it. This resembles a state of psychomania in which the patient cannot control himself.
This can be likened to other types of behavioral addiction, such as masturbation or shopping addiction, for example, where the desire becomes strong to spend any amount of money on shopping, regardless of its size, but gambling is much more dangerous than that because the patient can practice it in isolation from others, and it only requires him to own a smartphone and then He can gamble even when he goes to the toilet.

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Quote from: oktana on April 30, 2024, 03:45:02 PM

Looking at it averagely, the chance of winning gambling games is 50/50. For instance, a coin flipping gambling game leaves you 50/50, because it’s obviously either head or tail and when you pick one of those, you’re 50% likely to get it right. Even in roulette, and many other games, there are 50/50 chances.

Sports betting is an example of a game that has the ability to not be 50/50. For instance, you can predict the exact goals that will come from the match and the probability for that isn’t 50/50 because there are a bunch of many other possible scores (which is why the reward for such predictions is usually higher).

The gambler mostly failed to accept the phenomenon the chance of winning is only 50 percentage.Mostly they except the possibility of winning from the game,if the winning chances was loss.They started to lose their inner peace of mind,loss will hurt both the rich and poor man.Because they are using the real money for the game.But the rich man accept the loss,because money generated by the rich man using the business.But the poor man only getting the money as the salary from the rich man.So some people consider the gambling as rich man game.

But it’s not real,if you ready to accept the loss of money.You can play the gambling with the real money.Most of the experienced gamblers ready to accept the loss or profit in their game,because if he win the game.They know they never going to complain,So why should the complain was made to the loss on the gambling site.Improve the skills in game,one day the loss was turned into profit.

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Quote from: Orpichukwu on April 29, 2024, 01:06:59 PM

Quote from: oktana on April 24, 2024, 03:59:28 PM

It’s not necessarily highly unlikely. Gambling still gives the average 50/50 chance of win/failure. So, you could still win anyways, but 50/50 is quite a risk for someone who is desperate for the money. In regard to taking loans, that may be a better option but for me, I avoid loans a lot because it’s improper to spend your future money. Money you have no clue yet how much work you’ll put in to get it.

On what ratio do you use to rate the gambling chance of winning and losing to be 50/50? Because I see gambling having a higher chance of winning over the gambler, the gambler most of the time has a very minimal chance of winning in every game compared to how they can lose to gambling, the risk is far more than 50/50.

~~~

Looking at it averagely, the chance of winning gambling games is 50/50. For instance, a coin flipping gambling game leaves you 50/50, because it’s obviously either head or tail and when you pick one of those, you’re 50% likely to get it right. Even in roulette, and many other games, there are 50/50 chances.

Sports betting is an example of a game that has the ability to not be 50/50. For instance, you can predict the exact goals that will come from the match and the probability for that isn’t 50/50 because there are a bunch of many other possible scores (which is why the reward for such predictions is usually higher).

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Quote from: nullama on April 30, 2024, 03:21:36 AM

Quote from: Orpichukwu on April 29, 2024, 01:06:59 PM

~snip~
On what ratio do you use to rate the gambling chance of winning and losing to be 50/50? Because I see gambling having a higher chance of winning over the gambler, the gambler most of the time has a very minimal chance of winning in every game compared to how they can lose to gambling, the risk is far more than 50/50.

Even if the chance is still 50/50, like you said, it's too risky to use loan money to gamble because you are not just taking a risk on your own; you are also risking some other money, which is almost equal to risking your freedom.

Some games do have odds that are close to 50/50, not quite, but close.

For example in roulette, if you gamble on the color, say red. You have almost 50/50 chances to win, you will only lose if the ball ends up in black (half of the numbers), or if it ends up in 0, which lowers your chances. Of course most modern tables also have a 00, which lowers your chances even more.

You are right but that is not for all types of bets or games because there are only a few games that provide 50/50 odds for gamblers, such as the game of roulette which has several betting options with 50/50 odds.
It just that not all gamblers will like it and this game will be game of luck with random algorithm performance and we cannot use any strategy to predict what is right to bet on.
I myself, if looking for 50/50 chance, much prefer sports betting and take the double chance betting option with draw or win for one of my favorite team and this will be much more fun.
However, each gambler choices will be different and they have their own decisions in choosing what to bet on with the amount of money they have deposited.

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Quote from: nullama on April 30, 2024, 03:21:36 AM

Quote from: Orpichukwu on April 29, 2024, 01:06:59 PM

~snip~
On what ratio do you use to rate the gambling chance of winning and losing to be 50/50? Because I see gambling having a higher chance of winning over the gambler, the gambler most of the time has a very minimal chance of winning in every game compared to how they can lose to gambling, the risk is far more than 50/50.

Even if the chance is still 50/50, like you said, it's too risky to use loan money to gamble because you are not just taking a risk on your own; you are also risking some other money, which is almost equal to risking your freedom.

Some games do have odds that are close to 50/50, not quite, but close.

For example in roulette, if you gamble on the color, say red. You have almost 50/50 chances to win, you will only lose if the ball ends up in black (half of the numbers), or if it ends up in 0, which lowers your chances. Of course most modern tables also have a 00, which lowers your chances even more.

And that's why I love roulette (black and red). This is the best way to get a good result when you understand your chances of winning, while not spending a lot of time gambling, which can then be delayed by its dynamics. Often, if I win bonus money from the casino or promo codes, I play red and white roulette. A couple of times I tried to play slots, where, logically, the combined odds of winning should be 50-50 (approximately), but I lost 6 spins in a row there, and it infuriated me. In roulette, for such a number of bets, I would definitely win once.

Topic: When you are not to gamble. - page 19. (Read 6771 times)