Woes of gambling - page 6. | Bitcointalksearch.org

Odohu

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Quote from: Bill buffalo on January 08, 2024, 09:37:53 AM

Take casino games for example especially jackpot casino games there is no way you can tell me that all of them are structured in such a way that they randomly always make money for the house if you ask me gambling is a fraud that has been used to trick people into believing that their choices matter it does not everyone that gambles is just there to make money for the casino unfortunately there is nothing that can be done about human nature 💔💔💔

Your tone is that of someone with a very bad experience in gambling. Just that I don't actually agree with all you have said because I know people who have actually made real money from gambling.

Gambling can be painful for people who do not play with caution, people who do not plan their finances very well. But with proper risk management and good analysis, one can make nice money from gambling.

Dewi Aries

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Quote from: virasisog on January 09, 2024, 08:45:57 AM

Quote from: Bill buffalo on January 08, 2024, 09:37:53 AM

Take casino games for example especially jackpot casino games there is no way you can tell me that all of them are structured in such a way that they randomly always make money for the house if you ask me gambling is a fraud that has been used to trick people into believing that their choices matter it does not everyone that gambles is just there to make money for the casino unfortunately there is nothing that can be done about human nature 💔💔💔

Casino operators are not imposing everyone to gamble and it's our own choice to gamble or not. People are already aware of the fact that the house always win by the end of the day. It's just a matter of luck, it may not be pleasing but there are people who's life were changed because of a jackpot win. This is also one of the reasons why people like to take risk gambling away their money, it's just greed that pushes more people to fall and get trapped gambling away all their money.

There is no basis for the casino to force many people to gamble because it is impossible, gambling is done based on oneself and one's own will, hence the addiction, loss and misery that one experiences or obtains because of one's own actions. and indeed I also think that those who are addicted to gambling are aware of the losses they experience, but they still gamble to get big wins which might change their lives drastically, because many people think they can get rich quickly by gambling and of course this is not true.

Their mindset is wrong towards gambling, which makes them addicted to gambling driven by greed, as you said, because there are gamblers who win when gambling but they decide to continue gambling by increasing the bet amount because they are still sure they can get a bigger win. , and this is one of the incentives for greed, they become thirsty for bigger and bigger wins, just keep going like that, in my opinion, if you have got a profitable win, you should just cash it in and leave gambling, don't provoke misery because of gambling.

virasisog

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Quote from: Bill buffalo on January 08, 2024, 09:37:53 AM

Take casino games for example especially jackpot casino games there is no way you can tell me that all of them are structured in such a way that they randomly always make money for the house if you ask me gambling is a fraud that has been used to trick people into believing that their choices matter it does not everyone that gambles is just there to make money for the casino unfortunately there is nothing that can be done about human nature 💔💔💔

Casino operators are not imposing everyone to gamble and it's our own choice to gamble or not. People are already aware of the fact that the house always win by the end of the day. It's just a matter of luck, it may not be pleasing but there are people who's life were changed because of a jackpot win. This is also one of the reasons why people like to take risk gambling away their money, it's just greed that pushes more people to fall and get trapped gambling away all their money.

Jody.Drummer

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Quote from: terciduk123 on January 08, 2024, 11:56:37 PM

In casino gambling, the casino owner has a greater chance of winning, but that doesn't mean players don't have a chance to win, it all depends on how we manage the game, the most important thing is how we manage the game time, when we start and when we have to end. sometimes players are too greedy and lose their money

It's clear, because after all gambling is a business built by the bookie to profit from losing gamblers and that's why the percentage of wins for gamblers is much smaller than the risk of losing and also of course you are right that it doesn't mean gamblers don't have a chance to win, after all it has been proven that every gambler can definitely win a certain amount but what must be noted is that there is absolutely no consistent word in winning from gambling because it all really depends on your luck at that time.

So it is clear because the casino is a business built by the bookie, it is only natural that more people lose than win, because the logic is how can you get a lot of wins while on the other hand you are one of the targets that will be defeated by the casino through the randomness of the system or algorithm applied by the casino, it doesn't make sense does it? So that's why we often hear that gambling is a game of probability that should not be played seriously or should not be taken seriously because this is nothing more than a game without having any certainty, we can see many people who are excessive in their approach to gambling who ultimately experience a downturn in terms of the number of defeats and that's natural.

carlfebz2

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Quote from: lienfaye on January 09, 2024, 07:23:42 AM

Quote from: Bill buffalo on January 08, 2024, 09:37:53 AM

gambling is a fraud that has been used to trick people into believing that their choices matter it does not everyone that gambles is just there to make money for the casino unfortunately there is nothing that can be done about human nature

If gambling is fraud and that's what you believe in then you're free to not play. We have our own way of thinking and no one coerce as to bet in the casino, it is our choice. Therefore we have an option to stop or continue to play if we are satisfied despite of having losses.

This is the reason why it's crucial to know how gambling works. Keep in mind to have less expectation gaining. Because there's no assurance to profit in gambling since luck has a major factor in order to win. On the other side, there's a house edge since casino is a business and that's how the operator make money. If there are many players and losers then more revenue for their business. Thus, it's up to us if we still want to gamble knowing we can lose our money if we use it in gambling.

We arent forced to play gambling on which if you do saw and believed that it wasnt that fair in the first place then you could always opt not to play and its up to our own choice whether we would really be playing or not and it would really be that according into your choice. Just as said that no one is forcing you to believe that it was fair or not, but one things for sure that house do always win at the end and it wont really be that something shocking that they would really be having the upperhand or advantage when it comes to long time duration type of playing or doing gambling because if you do keep on pushing your luck
then HE would really be your main enemy and if you are lucky then its good but if not then expect for a total blown out.

Playing gambling isnt bad as long you do make yourself that pretty much aware about the risks involved into it, if you dont then expect that you would be experiencing the worst.
Play responsibly and you wont really be that ending up miserable and just play for fun.

Natsuu

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Right. While casinos are designed to have an edge, it's essential to acknowledge that gambling involves risk, and outcomes are ultimately based on chance. Individuals participate voluntarily, and some may indeed win, but overall, the house does have a statistical advantage. It's crucial for people to gamble responsibly and be aware of the inherent risks.

Crypt0Gore

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You my friend already find your answer to what gambling really is, if you believe in this then quit gambling, it's very easy to do in your case because you have seen the true color of gambling.

I believe gambling is more favorable to the casino, because its easier to lose since it's a game of luck, but this is different from your own side of view, casino is not a scam place where they intentionally extort money from gamblers.

What they are trying to sell gamblers is luck, and it's something that doesn't come always, it's like saying we can make you rich but you need to get lucky, and those times that you failed, they make money and when you win, they lose money, the casinos are just smarter honestly, because the chances of winning is small, it's LUCK anyway.

aioc

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Quote from: Bill buffalo on January 08, 2024, 09:37:53 AM

Take casino games for example especially jackpot casino games there is no way you can tell me that all of them are structured in such a way that they randomly always make money for the house if you ask me gambling is a fraud that has been used to trick people into believing that their choices matter it does not everyone that gambles is just there to make money for the casino unfortunately there is nothing that can be done about human nature 💔💔💔

You have to prove that gambling is a fraud, take the case of the lottery, here in our country the lottery is very transparent, the ball where the marked numbers weigh every one of them, and the flow of the air and the suction are inspected to make sure everything is fair and transparent, a casino platform should make sure that the results and the bets are beyond question because casinos are being run on trust, they are not in the business of making people that you can win, you can win it's just the house has an edge and you need a bit of extra luck to beat the house.

lienfaye

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Quote from: Bill buffalo on January 08, 2024, 09:37:53 AM

gambling is a fraud that has been used to trick people into believing that their choices matter it does not everyone that gambles is just there to make money for the casino unfortunately there is nothing that can be done about human nature

If gambling is fraud and that's what you believe in then you're free to not play. We have our own way of thinking and no one coerce as to bet in the casino, it is our choice. Therefore we have an option to stop or continue to play if we are satisfied despite of having losses.

This is the reason why it's crucial to know how gambling works. Keep in mind to have less expectation gaining. Because there's no assurance to profit in gambling since luck has a major factor in order to win. On the other side, there's a house edge since casino is a business and that's how the operator make money. If there are many players and losers then more revenue for their business. Thus, it's up to us if we still want to gamble knowing we can lose our money if we use it in gambling.

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Quote from: Bill buffalo on January 08, 2024, 09:37:53 AM

Take casino games for example especially jackpot casino games there is no way you can tell me that all of them are structured in such a way that they randomly always make money for the house if you ask me gambling is a fraud that has been used to trick people into believing that their choices matter it does not everyone that gambles is just there to make money for the casino unfortunately there is nothing that can be done about human nature 💔💔💔

Just recently I read about how important it is for us humans to always have a choice in everything. Even when often this choice is just an illusion. This is exactly what the casino uses. All this rich selection of gambling varieties, all these different slots: Vikings, mafia, treasure hunt - all this has one meaning. All these are mathematical models that have only one goal - to get money out of the player. And where the gambler will lose is his choice, and the casino takes care that it is diverse. And only some will be lucky enough to win and leave right away.

junder

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Quote from: Nwada001 on January 08, 2024, 06:07:14 PM

Some people believe that casinos are designed to favour their owners more than the gamblers, and to some point, I also agree with that. There is no time that someone will build a business that he or she will not benefit from.

There is a level of fairness in most reputable casinos, but there is also a level of manipulation in those greedy and scam casinos. The thing is, you need to be careful about which casino you choose to gamble at.

For the real ones, they make sure they choose or build their own games based on an algorithm, which will make it hard for gamblers to just predict and win games easily, but if you try hard and your skill is accompanied by luck, then you might be lucky to be one of their regular winners.

In my opinion, casino companies that establish gambling are aiming to make profits from many people, it is impossible for them to establish casinos to give easy wins to every gambler who gambles at the casino, because their goal is to make a win, and I don't think casinos will think about the fate of gamblers who are already addicted they will not care about that because what they are looking for is profit, but even so, is it possible that there are providers of stop gambling services? like there are cigarettes that provide smoking cessation services.
I think that gambling is done with a lot of them only experiencing losses, say someone has been gambling for 100x, and I'm sure of the 100x games that only a few wins are obtained, and also with more defeats obtained by them. gambling is done in my opinion based on the luck that is owned, if it is lucky then we will get a win, but if it is unlucky then the defeat will be obtained, although there are some gambling that requires skills to be able to win, but in my opinion it is also inseparable from luck that will determine the victory or defeat of someone who gambles.

Assface16678

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Quote from: angrybirdy on January 09, 2024, 01:26:20 AM

Quote from: terciduk123 on January 08, 2024, 11:56:37 PM

In casino gambling, the casino owner has a greater chance of winning, but that doesn't mean players don't have a chance to win, it all depends on how we manage the game, the most important thing is how we manage the game time, when we start and when we have to end. sometimes players are too greedy and lose their money

Greater chance of winning in terms of gaining big profit from players, but there are still a chance for some normal players to hit the jackpot prize, that is if you get lucky at that time and especially if no other fraud occurs with casino cards and machines. Gamblers should know how to properly handle what they win and should not consider it as if it's a stable job because in reality it is not.

I don't think that there are fraudulent casino websites out there; if there are, then they will not operate for too long as they are not complying with the fairness of business. It's just gambling games or casino games like slots or anything related to randomization. This kind of game is hard to win because the winning numbers or combinations are random, so the chances of winning are too small, especially in lotto. Let's say, for example, that Lotto is fraud. No, because the winning numbers are drawn live and at random. That's how the online casino works, especially for those kinds of games I've mentioned. But if you are very lucky or you are destined to win a jackpot, then congratulations to you. But remember, not all of us have that kind of luck, and not all of us will ever attain that luck in life. I especially don't waste much money or gamble in this kind of game, especially slot machines, because I know I have little to no chance of winning.

Hirose UK

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What do you say?
This is gambling, everything has no certainty and every gambler who starts to enter is aware of the risk of losing and also the difficulty of winning, but what they do is still register and deposit their money.
Losing does not make gamblers feel discouraged from gambling, in fact most are more enthusiastic and ambitious to continue playing and pursuing victory.
Anyone who thinks gambling is means of fraud that is only to make money for casino business people will definitely never return or try gambling, but in reality such thoughts cannot be implanted in gambler brain.
You have to realize that this is all a business and for those who have the right approach it can be mutually beneficial, the casino makes profit and the gambler gets happiness and pleasure.
Isn't all this worth it, every thought and point of view towards gambling depends on each person.

dothebeats

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I'm pretty sure people are aware of how awful the odds are for them when they gamble. It's just they (including myself) believe in the illusion that I'll be getting something off of it even just for once. For a while now, I've been trying to limit myself in playing casino games, but I'm currently hooked up in slots, plinko, and mines. Most of my wins come from sports betting, so that kinda offsets what I lose in casino games (luckily).

We will always have the urge to chase for even the tiniest of wins from the casino even though how odds are insanely stacked against us.

angrybirdy

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Quote from: terciduk123 on January 08, 2024, 11:56:37 PM

In casino gambling, the casino owner has a greater chance of winning, but that doesn't mean players don't have a chance to win, it all depends on how we manage the game, the most important thing is how we manage the game time, when we start and when we have to end. sometimes players are too greedy and lose their money

Greater chance of winning in terms of gaining big profit from players, but there are still a chance for some normal players to hit the jackpot prize, that is if you get lucky at that time and especially if no other fraud occurs with casino cards and machines. Gamblers should know how to properly handle what they win and should not consider it as if it's a stable job because in reality it is not.

Dimitri94

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Quote from: terciduk123 on January 08, 2024, 11:56:37 PM

In casino gambling, the casino owner has a greater chance of winning, but that doesn't mean players don't have a chance to win, it all depends on how we manage the game, the most important thing is how we manage the game time, when we start and when we have to end. sometimes players are too greedy and lose their money

It is natural that the house will always be in profit. They get passive income that gamblers don't. A gambler might greedily increase his bets or lose money by gambling more, but the more gamblers in a house gamble, the more the house's increase their income. They are benefited by house edge. But many gamblers may have a different idea they think that house earn money by cheating with gamblers. I think legit casino gambling platforms don't do this. But there is no way to deny such accusations because fake sites cheat gamblers and steal money. That is why a gambler must give importance in choosing a casino site.

mamesso

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You don't need to explain everything from scratch about anything that happens in gambling, the majority of gamblers already know about this and they don't mind it as long as the money used for gambling is intended to be spent having fun. People who want wealth in gambling don't know what gambling really is like, this wrong assumption will last forever if they don't change their mindset about gambling.

There are times when they win the Jackpot and there are also times when it is very difficult to win, that's gambling, there is no certainty there. Gamblers' satisfaction is not because they have succeeded in getting the Jackpot, those who are able to account for the money they have spent will feel happy because they have felt an atmosphere that is difficult to express to other people, that is true satisfaction.

terciduk123

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In casino gambling, the casino owner has a greater chance of winning, but that doesn't mean players don't have a chance to win, it all depends on how we manage the game, the most important thing is how we manage the game time, when we start and when we have to end. sometimes players are too greedy and lose their money

danadc

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Quote from: Makus on January 08, 2024, 06:19:49 PM

Quote from: Bill buffalo on January 08, 2024, 09:37:53 AM

Take casino games for example especially jackpot casino games there is no way you can tell me that all of them are structured in such a way that they randomly always make money for the house if you ask me gambling is a fraud that has been used to trick people into believing that their choices matter it does not everyone that gambles is just there to make money for the casino unfortunately there is nothing that can be done about human nature Huh

Op to be honest, I don't know where you got this from but, you sound like someone who has really lost a lot and is depressed. Anyway if it's because of your loss, sorry for the experience. This is the more reason. Why we ought to gamble responsibly, and not chase after losses or wins. Even if some gambling games are obviously scams or fraud, you should know when to quite those kind of games before you become absolutely broke. I prefer to bet on sports games than those regular online casino that might be a scam.

Whenever you try to see some casino programs, you have to see what Platforms they are on ? It could be that they are on a platform where they scam people, there are casinos that are like that and people like to steal whatever they want, from the moment of the deposit to the entire game, that is a chain that is difficult to break , I always play I focus on looking for the casino that I have the most confidence in, but the trust of a casino and its reputation is what we must see, if it is a site of dubious reputation things can be difficult to trust , Otherwise if they are a casino that is Trustworthy You can Open a wallet for deposits and everything.

The recommendation is that before playing you review the threads Ann so that you can attest that the site is busy, that you consult with the casino and those who support you as they can respond to any problem, but you still have to be careful, this is Simply a ropebla when the origin of the casino is to be careful, if they are good casinos that are completely trustworthy, there is nothing to worry about, it would no longer be a problem.

Wexnident

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Quote from: Bill buffalo on January 08, 2024, 09:37:53 AM

Take casino games for example especially jackpot casino games there is no way you can tell me that all of them are structured in such a way that they randomly always make money for the house if you ask me gambling is a fraud that has been used to trick people into believing that their choices matter it does not everyone that gambles is just there to make money for the casino unfortunately there is nothing that can be done about human nature 💔💔💔

It's not random lol. The house always takes a cut from the money users spent, and the rest goes into the pot to attract more people to play it. Now this isn't anything wrong imo, it's just how businesses work. They simply have to take profit from something that they let their users spend on, just like how rentals ask for fees. Might seem unfair since it's a lottery, which in essence is only a paper, or dice rolls which is comparable to a single click of your mouse but hey, we're the dumb ones that use it.

Anyway casinos are pretty transparent about how much they take from the users and how much users are able to get from their winnings. Try exploring the site, it should pop out on one of their ToS or related rules or something.

Topic: Woes of gambling - page 6. (Read 838 times)