Topic: Woes of gambling - page 2. (Read 838 times)

That's true, but I think the casino still has the advantage in winning in all gambling. Also,  as you said only a few people are successful this is true,  because it is impossible for anyone to be able to make profits consistently where in every gambling they will win and make a profit,  I don't think that's possible The thing you need to pay attention to is that gambling has a host  and the host certainly has an advantage.

and I read in that tread you mentioned  the OP also said "I don't do any tricks because card counting is impossible to succeed at the evolution game table. It's pure luck and a bit of strategy."
This indicates that some gambling that requires skill also involves luck not only depending on the skills possessed because in my opinion,  victory in gambling will only be determined by luck in our favor if it is lucky to win if it is unlucky then it does not win.

Gambling is an entertainment activity therefore if you aren't having fun or enjoying yourself when gambling then you should stop gambling as gambling isn't for you. How won't you enjoy your games when you win, after suffering for so long and you finally win, you have to celebrate your winning by taking yourself out or your family and friends. Celebrate so you can have the feeling and want more of that type of feeling therefore you'll be interested in winning more games.

When gambling, you won't win every time therefore you should celebrate when you win. Gambling is addictive but if you have self discipline you can control yourself and not get addicted to gambling. The house has the edge as you can't win them continuously but you can plan how to gamble so you don't waste all your money playing games that you won't win but be smart about how you gamble to avoid losses.

And because of the pandemic, people are familiar with online casinos so they try to learn about them before they use them. However, not all people new to online casinos learn the rules or try to get to know the casino's services. They unconsciously use the casino to gamble without paying attention to what they must do before using it. Well, it is their fault and they will suffer the consequences by experiencing many problems after they gamble.

If gamblers are aware of the risks of gambling, which can make them lose a lot of money, they will not want to use a lot of money to gamble. They will only gamble moderately and leave the casino once they have enough. Moreover, they don't have many chances to win because gambling does not guarantee that someone can win as often as they want. This is what gamblers must be aware of because there is no guarantee of winning. They must be able to limit themselves from excessive gambling. We also don't know whether the casino is fair or unfair, but as long as we gamble at a casino with a good reputation, they will not cheat their members. A casino with a good reputation will always maintain its reputation by providing services and will not cheat its members because this will impact the reputation it has built. Therefore, gamblers should be able to control themselves when gambling so that they do not experience large losses so that they only gamble for fun and will not experience bad problems.

How can gambling be a fraud when the odds of each game are explicitly stated and you can either calculate the probabilities of winning yourself or look on the internet for them?

Casinos are very open about what they are doing, they are offering entertainment for a reasonable fee, is it not what any industry related to entertainment is doing? Should we forbid people from all of those activities simply because they do not obtain a tangible benefit? Which by the way, getting some fun, a good laugh and simply having a good time are not only pleasant experiences, they also offer beneficial effects towards your health.

If say fair is not fair then gambling is full of injustice towards gamblers, how could it not be because the chance of gambler losing is much greater than winning and the ones who gain the most from gambling are only those in the casino business or gambling site.
But all of these are risks that definitely exist and all of that is how gambling works so as gamblers we must understand it and be able to accept it, whatever the outcome of gambling, whether winning or losing, we must be able to accept it with wise and responsible attitude.
In gambling, justice cannot be completely achieved by gamblers and casinos provide justice to gamblers only in the form of transparency and service that truly equalizes one gambler with another, plus there is no manipulation that occurs.
This is justice that the casino can provide to all gamblers who are customers there and you are right that we must be able to choose the right casino or gambling site to get that justice.
Even though we know that in gambling we are the only gamblers who experience the biggest financial losses, but we can think of it as payment for having fun and satisfying ourselves with what we find enjoyable.

I don't think so. As you well deduced, I was thinking about expenses when I said that, but not only: all business is meant to make money. A casino where income and expenses were the same wouldn't be profitable, and I don't think that would make any sense, except for a non-profit project, very atypical in the gambling industry.

That's why 50/50 wouldn't work for most casinos.

BlackJack usually has the lowest house edge of all the classic casino games, so people playing it, especially when they know what they're doing, have a higher chance of winning streaks than those who prefer other games. But make no mistake, the casino still has the advantage over the player.
The OP of the thread you linked himself admitted that it was mostly due to luck.

They deserved to receive that, how can someone blindly use a service without looking to the reputation and it's disadvantages. Most people should be familiar with the technology since the pandemic forces people to use it, there's no excuse to not check the site's credibility.

There was a thread Am I being restricted? where the @OP claimed he get restricted, but he's consistently making money by playing Blackjack. Most people will lose, but few of them might able to success.

Gamblers should check the casino before registering if they do not want to become victims of unfair circumstances. However, gamblers who do not pay attention to this will become victims of casino scams and will not be able to solve their problems because the casino is a scam casino. And if that happens, these gamblers will feel the misery of gambling without being able to hope to solve the problem. That is why gamblers should not use gambling beyond their limits and must be able to regulate their mindset so they can control themselves when gambling. If they succeed, they can reduce their money losses and only try to enjoy gambling as entertainment.

Human nature can be arranged to become better, from greedy to simpler, from greedy to wiser.
Humans who continue to pursue their desires will never be satisfied even in all types of activities they undertake, including gambling games.
Gambling is not a means to get rich, people should know this, but they don't care because their minds continue to show big money not as a place to test their luck and as a place to have fun.

Responsible gamblers who understand this, if you are not a responsible gambler, then you will never consider gambling as a place to entertain yourself.

I agree with you, people who gamble online they just need to click and wait for the results to continue until the end point of winning or losing. And I think that no one can have a way to influence the course of gambling, although there are also those who believe in patterns, tricks and strategies to get victory, but I myself do not believe in it. Because as you said for games that depend on luck alone this does not apply.

That's right, although gambling that requires skills to win in my opinion luck also still plays a role, the skills possessed can increase the chances of winning, but that does not mean that you can completely get a win or really win. The profit in gambling cannot be predicted accurately, this indicates that luck has a big role.

Why? If conditions were exactly the same, it would be 50/50 and only 50% of the casinos would go bankrupt eventually, not most of them. But I think I know what you mean. The expenses on keeping the casino. Indeed, casinos wouldn't survive if conditions were the same because they would have to pay rents, salaries etc. and would go bankrupt eventually. That's why they need the house edge.

I'm wondering, can there be a casino that survives thanks to advertisers and keeps the house edge at zero?

The reason why jackpot winnings always come as a surprise to the jackpot winners is that they are already aware that winnings in any form of gambling are based on luck and not on skills or any other form of expertise,  and that is the reason why sometimes those jackpots are warned with the little amount in stake because the casino will have to sell several millions of ticket and refills where the winners will be drawn from, some time 59cent or little below $1 will be used as stake and you see that those winners will win millions of dollars as jackpots.
Some will even win an all-expense paid relocation to other countries such as the American lotteries, the lottery winners are given a huge package that comes way more than the cash price that alot of the jackpot for just one person, so I believe that those who buy those lottery tickets are already aware of the risk of losing outcome not being the lucky number for the jackpot prize.

I agree with your words about gambling. Some people cheat or trick others in the gambling which can be bad for new gamblers. I think we should condemn and control these practices to keep people safe.
But I have a different opinion about gambling. I think it can be OK and fun as long as it follows the rules. It lets people take chances and maybe win money while having a good time. We need to remember that gambling is risky. It's important for people to gamble responsibly and not get addicted by thinking they will always win.

I agree with the latter. Although it is true what danherbias07 said (if casinos played in the same conditions as gamblers, most of them would eventually go bankrupt), that's indeed also the reason why they must set a hedge in order to survive.

Legit casinos are not rigged: rigged casinos are those who cheat and behave illegally. It's the same with banks: they will always win money in the end, that's how it works, but only those who set illegal rates or write illegal clauses in their contracts are rigged.

Another thing is that you may not like banks, or casinos. In that case, you may not have an alternative to use banking services, but nobody is forced to gamble.

No, not at all. I'm wondering, why are you saying this? There are many honest and reputable gambling sites, and Stake, the one you are working for, is one of them. There's no need to be rigged when you are openly stating that you have the advantage in the form of house edge, and that's what they are doing, that's how they make their money. They do keep the game clean, otherwise we shouldn't be playing on their sites and recommend it to others.

I believe that a lot of things depend on people's viewpoints and experiences, especially for gamblers like you who may believe that gambling is a scam. Since you just expressed your opinions, I recognize that you have a point of view, and I cannot hold you for expressing it.
 Well gambling with fraud usually involves the use of manipulation or dishonesty for one's own benefit. For instance, occasionally unfair gambling practices, like as rigged games, may be used. Additionally, dubious advertising and false information may be used to deceive customers, especially those who are new to the gambling field.

In my perspective, gambling is a respectable business activity as long as it is carried out in compliance with the law. Similar to how it entails taking chances and giving people the chance to have fun with the possibility of winning money.
It makes sense that there are risks associated with gambling, and that the house usually has the better chances. It was the reckless gamblers' fault that they may develop an addiction to gambling due to their false belief that they would win the big prize even though they consistently lose.

No party is getting deceived in this phycology-business relationship with a signed agreement. The gambler should play victim when the casino isn't complying to the agreement but shouldn't make things look otherwise if the fault comes from his, the player's, end. Casino takes responsibility when need arises as regards to the treatment of gamblers or complaints of different issues like withdrawal or deposit dispute. They don't leave it without solving the trouble. But gamblers allow their troubles to compile without looking into solving few of them. These signs visit every gambler, some solve it while few more wouldn't care about the troubles. The need to know how they feel about themselves since they started gambling, is required in regulating the thoughts of gamblers.

It's a known fact that casino games favor the house and that the house always has higher chances of winning than the gambler and casinos or gambling platforms don't hide it, they say very clearly that there is a house edge and that gambling is a test of your luck where you can lose every bet if you are not lucky because the results are random and in that randomness, the house has an edge over the player, and it's the choice of the player if they want to make bets or not.

It's not true that no one wins anything in gambling because those who are lucky manage to win more than they lose. The best example of this is the recent post in the Gambling section where a user managed to win $42m from a $50 spin. I know that the amount he was spinning was high but not everyone managed to win such amounts in gambling.

the phrase: "the house always wins" is a phrase that describes the reality of the situation that has happened in games of chance and this has to do with mathematics, more precisely it has to do with probability, casino games are provably fair games, which It means there is no fraud. but in those games, the higher the chosen multiplier, the greater the probability of the person losing a lot and the casino winning a lot, but if the person manages to get it right, then they will win a lot. This means that if someone wants to win a lot of money in casino games, then that person should place higher multipliers and accept that they will lose on most spins. This is part of the game and both sides take risks during each section of the games

casinos take risks when people place high multipliers because if people are lucky enough to get it right, they win a lot of money and obviously if a lot of people are winning a lot of money in the casino, then only casino profits would reduce a lot, on the other side people When they place high multipliers they risk losing a lot consecutively and may not be lucky enough to hit that high multiplier. So, like I said, both sides take a big risk. about whether or not people are in control of the situation, in my opinion they are not. when people play games that depend on luck to get it right

So people just need to click on start and wait for the result, they have no way of influencing the outcome of the game, they have no way of creating any strategy for games that depend on luck. The same thing applies to games of chance that depend on skills, when people play a game like poker, they are playing against the computer or against another person, they are not absolutely sure that they will win using the strategy they have. So you have no control over the situation. In general, I would say that we all gamble counting on luck or hoping that our skills will bring us victories, but we have no guarantee that we will be able to make a profit in gambling