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Topic: When you are not to gamble. - page 20. (Read 6757 times)

hero member
Activity: 1008
Merit: 960
April 30, 2024, 03:21:36 AM
~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.
sr. member
Activity: 658
Merit: 387
April 29, 2024, 01:06:59 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. 
 
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.
hero member
Activity: 2282
Merit: 589
April 29, 2024, 12:43:55 PM
Loan sharks are already committing a crime by offering financial services without the necessary license, so it is not surprising they have no qualms at all when it comes to offering such awful loans to vulnerable people, and I am sure that many gamblers know they are being taken advantage of, but in their desperation they are willing to take the loan as they cannot accept they have lost so much money at the casino and now they have no chance to recover it.
Relatively gamblers will take out loans if they are not ready to accept losing funds on bets that do not meet expectations or they bet without control which leads to losses. Loan sharks have studied the characteristics of gamblers so that when gamblers experience a situation of high losses then loan offers will definitely not be rejected, so physical casinos are the main target for loan sharks to act to get their target borrowers.

However, all gamblers should avoid taking any loans even if you have lost a bet, but never make the mistake of borrowing funds from loan sharks, you will experience bigger problems, paying the loan with high interest and you could also potentially lose the loan funds on the same bet.
hero member
Activity: 1008
Merit: 960
April 29, 2024, 04:22:11 AM
You should avoid gambling when it negatively impacts your financial stability, relationships, mental health, or overall well-being. Additionally, if you have a history of addiction or struggle to control your gambling urges, it's important to refrain from gambling altogether. Setting boundaries and recognizing when gambling becomes harmful is crucial for maintaining a healthy balance in life.

Yeah, I think this sounds alright.

At the end of the day like most things in life the key is to do things in moderation.

If gambling is taking all your money, or time, or thinking space, then yeah, that might mean it's too much.

Having a bit of fun here and there without spending too much money seems like a much better outcome.
legendary
Activity: 2534
Merit: 1338
April 29, 2024, 02:12:07 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.
Loan sharks are already committing a crime by offering financial services without the necessary license, so it is not surprising they have no qualms at all when it comes to offering such awful loans to vulnerable people, and I am sure that many gamblers know they are being taken advantage of, but in their desperation they are willing to take the loan as they cannot accept they have lost so much money at the casino and now they have no chance to recover it.
hero member
Activity: 1120
Merit: 554
🇵🇭
April 27, 2024, 12:51:46 PM


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.
hero member
Activity: 1708
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Leading Crypto Sports Betting & Casino Platform
April 27, 2024, 12:45:49 PM
It is not difficult for gamblers who have good motives, those who try to pay off the borrowed money after taking it. Moreover, if the gambler has the ability to repay his loan, then there is no exception. But nowadays no one trusts gambler because they mostly lie or cannot follow through on their words. No one wants to pay such people because no one wants to lose their own hard earned money. I don't trust gambler because the kind of promise they make to me is not possible for anyone else. I personally don't trust Gambler to lend money because they can deny it at any time. However, it is not possible to say that everyone is entitled to the same type of personality. There are many who try to match words with deeds. It is not bad for them to lend.

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.

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.

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.
hero member
Activity: 616
Merit: 749
April 27, 2024, 12:13:04 PM
Javin is what I have understood very well that it is a very big risk and I don’t gamble because I want money urgently or I have been losing a lot. I gamble because I have taken my prediction. Welle and I have decided to gamble well some people usually gamble because they need money urgent or they want to regain back their losses, etc, using the strategy to gamble, may result in more losses, I always advise people to calm down think very well and take your prediction very well before gambling
This is the more reason why I feel gambling should be for rich individuals, because someone that's rich already has money and wouldn't be dependening on making predictions in an online site or casino to get money to settle bills with, as a rich person you're gambling for fun or to while away time during your leisure and not to make a fortune from it, although it's clear that some rich people have acquired more wealth out of luck while they gamble but as we know everyone can't be lucky else the house would go broke.

 Another thing is that a rich individual who has about $5m and bet with $100 or so to earn a $1000 or more is not expected to chase lose because the person has more than enough compared to his expected profit but a poor man who has $200 and try to risk $100 dollar would probably try to recover his lose with the remaining he has. Rich gamblers have a better chance of sustaining themselves therefore I think poor individuals are the ones who would mostly chase loses.
sr. member
Activity: 1078
Merit: 254
April 27, 2024, 11:55:11 AM
Javin is what I have understood very well that it is a very big risk and I don’t gamble because I want money urgently or I have been losing a lot. I gamble because I have taken my prediction. Welle and I have decided to gamble well some people usually gamble because they need money urgent or they want to regain back their losses, etc, using the strategy to gamble, may result in more losses, I always advise people to calm down think very well and take your prediction very well before gambling
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
April 25, 2024, 05:12:08 AM
It is not difficult for gamblers who have good motives, those who try to pay off the borrowed money after taking it. Moreover, if the gambler has the ability to repay his loan, then there is no exception. But nowadays no one trusts gambler because they mostly lie or cannot follow through on their words. No one wants to pay such people because no one wants to lose their own hard earned money. I don't trust gambler because the kind of promise they make to me is not possible for anyone else. I personally don't trust Gambler to lend money because they can deny it at any time. However, it is not possible to say that everyone is entitled to the same type of personality. There are many who try to match words with deeds. It is not bad for them to lend.

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.
jr. member
Activity: 65
Merit: 2
April 24, 2024, 05:10:12 PM
You should avoid gambling when it negatively impacts your financial stability, relationships, mental health, or overall well-being. Additionally, if you have a history of addiction or struggle to control your gambling urges, it's important to refrain from gambling altogether. Setting boundaries and recognizing when gambling becomes harmful is crucial for maintaining a healthy balance in life.
full member
Activity: 448
Merit: 163
April 24, 2024, 04:55:14 PM
Many people's refer gambling as a steady source of income. That's why people's now addicted to gambling, because even those who didn't know anything about gambling are now deep themselves in gambling since they try it and they get lucky to win a huge amount of money. From that very day on, they will be out of control. Because this first money they win will impress them enough for them to bet another one again, and it is not that this person is a gambler before, he only tries to testify and make what his friends are telling him reality.

But stopping the gambling has become a big work for him because he is already addicted to his blood. That's why they e said, Do not allow something to cross your mind and allow yourself to be addicted to gambling.
full member
Activity: 448
Merit: 202
April 24, 2024, 04:21:32 PM
Your first point is extremely correct. Desperation can make your situation worse than it originally was. I’ve seen someone gamble with desperation and he said that he’s staking all he has so maybe the return will match the amount that he needed, and he lost it right in front of me. That’s the worst time to gamble, because you’re focused on getting that amount of money and you’re controlled by it.
If someone want to make money, it's better for them to trade futures or buy shitcoins. At least if he correctly predict the market or correctly picking the right shitcoins, he can earn a lot. While gambling, it's high unlikely someone will win.

Although... when desperate it's better for someone to not gamble at all, if they have a financial problem, better to take a loan and working hard to pay off the debt.

Based on theory, anything that is predicted to get interest is referred to as gambling. Future treading is somehow related to gambling, but that opinion of shitcoins might be considered, but still, if you invest in the wrong coin, you are gone. The main point is that we are discussing financial problems, which comprise ok many things that might be in the smooth while some might be emergencies or any other issues. 

So as an addict in gambling, even if he needs an emergency and is able to get one quarter of the money he needs, they prefer putting  that money into gambling with the hope of getting more, which at the end you will see them losing and regretting, which wouldn’t solve their issues but will just increase their problems. 
sr. member
Activity: 504
Merit: 254
April 24, 2024, 04:04:08 PM
You can add these two:
When you win little, do not gamble on that day again. But some gamblers will feel like they should continue to gamble and they will lose at the end of the day.
That is a very crucial approach outlined here.
Lot of gamblers are being too uncontrollable emotional to understand that it is unwise to continue betting when they wins because it could really become some bad times that they can loose all that they had secured.
It is all of greeds, their thoughts is usually that it is their era to stake and continues winning.

Some are even dramatic to believe that as much as their luck is shining in the main time, they can actually bankrupt the casino but before the end of the day while they ignores to understand the risks, the casino would just retrieve all that which they have won.


When you are addicted. Quit gambling for a long time.
It is best to quit or give gambling some breaks so that you can adjust your Irresponsible gambling but  it is not just so easy for an addicted gambler to just quit gambling like that unless a tough lession has been thought or that someone besides has to interfere for his rescue.
sr. member
Activity: 1680
Merit: 288
Eloncoin.org - Mars, here we come!
April 24, 2024, 03:59:28 PM
Your first point is extremely correct. Desperation can make your situation worse than it originally was. I’ve seen someone gamble with desperation and he said that he’s staking all he has so maybe the return will match the amount that he needed, and he lost it right in front of me. That’s the worst time to gamble, because you’re focused on getting that amount of money and you’re controlled by it.
If someone want to make money, it's better for them to trade futures or buy shitcoins. At least if he correctly predict the market or correctly picking the right shitcoins, he can earn a lot. While gambling, it's high unlikely someone will win.

Although... when desperate it's better for someone to not gamble at all, if they have a financial problem, better to take a loan and working hard to pay off the debt.

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.
sr. member
Activity: 490
Merit: 325
April 24, 2024, 03:04:33 PM
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.
legendary
Activity: 2464
Merit: 1039
Bitcoin Trader
April 24, 2024, 02:04:33 PM
You can add these two:

When you win little, do not gamble on that day again. But some gamblers will feel like they should continue to gamble and they will lose at the end of the day.
When you are addicted. Quit gambling for a long time.
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.

That's the dilemma of addicted gamblers. They have no sense anymore of what is already going on with their life. As they are already too deep with this habit, they are losing the awareness that they need to stop and contemplate about their gambling activities. They need intervention in this case to make a U-turn of their life. An example is when he is about to lose his immediate family because they will leave him because of this habit or the ones who loaned him are after his life already.
Every gambling addict can stop gambling and I have friends who have succeeded with that, it all depends on determination and will, therefore, when you really gamble beyond your limits, stopping gambling is the right way to stop gambling because if you continue you will not succeed in getting any winnings. That's in gambling, because if it has become a bad habit, it's hard to stop if it's bad enough, but if it's still not that bad, you should introspect yourself that it has to be stopped before a lot of chaos arises in the future.

It is true that it is difficult for gambling addicts to realize their addiction because not all gambling addicts try to be honest with themselves that they are addicted to gambling. When you stop gambling it will definitely help you reduce your desire to gamble and the point is the intention and willingness to stop gambling activities that are carried out regularly. Excessive gambling, especially gambling beyond one's limits, for example gambling using money from debt, will clearly become a new problem in the future, gambling addiction can be stopped as long as there is a will, so there is no longer any reason that gambling addiction cannot be cured.
sr. member
Activity: 1386
Merit: 406
April 24, 2024, 12:26:40 PM
The outcome of gambling is uncertain and gambling is very risky. In gambling, gamblers are always at risk financially because if they make a wrong decision in gambling, they can lose the entire amount. But if gambling can be done with full application of one's skills then there is not so much risk of money. We think that gambling is totally luck but if you think a little differently and think differently from everyone else then I think you would say that gambling is not totally luck. I am gambling and in gambling I bet on different balls or cricket matches. In betting on football and cricket matches, you should not depend on luck but use your skills to bet on the right team. If a strong team is played against a weak team and between these two teams, if we bet in favor of either team, then the result will not come in our favor at all. Gambling is risky but if played correctly and gambling responsibly, this responsibility greatly reduces the risk of gambling.
full member
Activity: 504
Merit: 144
April 23, 2024, 09:14:10 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.
I agree with this. It is bad to try to reclaim what was lost immediately, this is a mistake that many gamblers often make due to bitterness. When everything is over, when they think about it, they realize that at that time they were not really alert, they were only gambling with their emotions. So it's understandable that the more you play, the more you lose.
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👉👉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.
No matter what you do, Under pressure or frustration will not produce good results. Especially things directly related to money like gambling. For people with weak psychology, this has an even stronger impact on them, and it seems that gambling is not a suitable subject for them.
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CONCLUSION
Gambling should be fun, it's better to stay away when it has started to become a problem.
Few people realize a problem before it happens. The same goes for gamblers, before playing everyone has the mentality that they will be the winner. Only when they fall into losses do they realize the problems, but at that time their psychology is already caught up in the game and the problems you mentioned above. It is very difficult to stop right away.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
April 23, 2024, 04:39:46 AM
That's when the player has no good gambling purpose. Emotional stress is a problem for most gamblers. Handling it is not simple, and taking control while in such a condition is another huge trouble. Most gamblers are stressed emotionally, and it demeans their self-control when gambling. I see this loss of control as the main reason why players are chasing losses. The house's goal is to generate lots of money, and naive players out of greed also want to rake enough money to suit their fantasies. Thier perspectives or views of making huge money, drives the player to make mistakes. Since gambling is designed to help players relax money should not have been any gambler's purpose of being part of the game. However, everyone somehow needs extra money, but gambling isn't a nice place for side hustle.

Yet inexperienced players get deceived to think they can earn more through gambling. That's why they invest both time and money aggressively to hit the jackpot. The more every gambler craves for the jackpot, the harder it gets to win. I see the jackpot as method for attracting more gamblers to join the casino. Since the house advertises players who won the jackpot. Lots of casinos even take it to TV stations to show they've awarded a player a whooping amount of money. In a nutshell, the strongest drive and purpose that leads gamblers to participate in gambling, the jackpot, is mainly for advertisement.
People who come to casino to playing gambling in the beginning doesn't have reason to gambling like the other people. But soon after they playing gambling for some time, their reason to playing gambling change into make money because they see they have a chance to win the games and takes the money. But they will not make money easily as they will see it's difficult to wins the games even if they deposits more money to wins. They will lose much money without have a chance to wins but that doesn't stops them from playing gambling. We don't have to playing gambling if our reason are to make money because gambling is not a place to make money. We can playing gambling if we have a spare time. But when we have the other options to do in our spare time, it's better we do that activity and not playing gambling to prevent from spending much money.

Inexperienced gamblers will thinks that if they playing gambling in their spare time and do that for more, they will have their chance to wins and that means, they will needs to deposit more money to wins. But they must realizes that they don't have a big chance to wins as playing gambling is just for have fun. When gamblers really wants to wins the jackpot, they must realizes that will not easy because the other gamblers will wants the same and that means the competitions will be tight. But the real winners will be the casino because the casino will have many people as the gamblers who lose their money from gambling.
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