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Author Topic: Gamble wisely  (Read 1145 times)

Offline Stompix

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Re: Gamble wisely
« Reply #15 on: March 16, 2024, 10:21:49 PM »
Gambling is what people do for fun, its 50-50 either you win or you loose,

Not even close, that's why you have odds on betting, if the chance would have been always 50/50 then all odds on all sports would have been either 1.95 to 1 in a two-choice match or something around 2.9 for a three way.

I think that 50/50 in win or lose is not correct; it should be 10/90 in win or lose.

You can go and play roulette for a day, betting red and black, it is mathematically impossible for you to lose 90% of the time and win 10%.
It's simple math, the probability is 0.4865 on each spin.

Now, if we talk about sports, the math is according to odds, but again, not possible for constant betting to look like that unless you pay only 1000:1 odds ticket and you only play let's say 50 times, then the chances of you winning are  4.93%, if you bet 500 times on a 1000:1 ticket your chances are 39.39% to earn a profit of 500 units.
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Re: Gamble wisely
« Reply #15 on: March 16, 2024, 10:21:49 PM »

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Offline SamReomo

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Re: Gamble wisely
« Reply #16 on: March 17, 2024, 12:33:57 PM »
I have seen addicted gamblers that quit gambling without no ones help. It can be impossible to quit, when the so called addicted gambler dose not know that he is addicted, that is when it becomes a big problem for that gambler.
It's not really possible for a highly addicted gambler to give up on gambling without someone's help. In rare cases it might be possible but only those may get success in doing that who have firm discipline that much stronger then the urge of gambling.

The addicts often aren't sure about their addiction because when they feel happy placing bets they find it more as a way to get happiness then a destructive force. That's why they continue repeating it again and again.

I was once an addicted gambler, but I quit on my own, when I saw the damage that it has done to me at that moment.
You may not be an addict or extreme level or you might had better self-discipline than that addiction. Because it's not really that easy for highly addicted people to quit gambling because the addicts won't be able to see the damage, they will always search for the beneficial part of it and get more addicted overtime.
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Offline Mr. Magkaisa

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Re: Gamble wisely
« Reply #17 on: March 17, 2024, 02:02:24 PM »
It us quite hard for an addict to quit gambling, but if you really want to quit it you can do it, you just need to work on yourself,  shear your ideas about gambling wisely ...
No, it's not only hard but it's close to impossible for an addict to quit gambling himself. Someone has to help an addict to stop the gambling activities. If someone who knows human psychology starts taking care of an addict by shifting his attention from gambling to something else, time after time then the addiction can reduce slowly.

Once the addiction is reduced then the one who's helping the addict should start telling the addict about the destruction that gambling addiction brings in someone's life. It's human nature to listen to others who help you, so that addict will slowly start picking those things and may completely remove gambling from his life. But, it's really a tough job and that's why very few people are out there to help addicts.
I have seen addicted gamblers that quit gambling without no ones help. It can be impossible to quit, when the so called addicted gambler dose not know that he is addicted, that is when it becomes a big problem for that gambler. Some gamblers after facing so much frustration, and they have learnt in a hard way, they will reflect back on their lives, and understand that gambling is the cause of their setback, and such people since they want to grow and achieve what the futife has for them, they will quit. I was once an addicted gambler, but I quit on my own, when I saw the damage that it has done to me at that moment.

        -    You know I admire gamblers who, after becoming addicted before playing gambling, were able to quit their habit because it was really difficult to overcome that. Of course, before they became addicts, they also went through a long process of time.

So for sure, the process that those who quit gambling went through, we don't know how long they overcame it and fought against their weakness of playing gambling. They thought that they were fighting against themselves, but they overcame it.

Offline DaNNy001

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Re: Gamble wisely
« Reply #18 on: March 17, 2024, 11:12:04 PM »
Gambling is what people do for fun, its 50-50 either you win or you loose, Gambling is based on luck, you can also earn in crypto currency in most casino games and poca, but that Doyle's not means it is an investment...
Always stake wisely and do it as fun, and don't forget to stop or quit gambling especially when your making it an habit or becoming addicted to it.
It us quite hard for an addict to quit gambling, but if you really want to quit it you can do it, you just need to work on yourself,  shear your ideas about gambling wisely ...
Well tell me something I don't know already about gambling, its one of the oldest act in the world if you ask me and thats why people have become so fund of it and despite the fact that gambling in a general sense is based on luck, there are still so many people and gamblers out there who will still disagree about this so because some believe they can actually study the act and make it even a profession of which am well certain that its impossible,  for I think its something that should be done as leisure activity for fun reasons only.

Offline EluguHcman

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Re: Gamble wisely
« Reply #19 on: March 18, 2024, 12:42:51 AM »
Yes gambling is designated to be a game of fun or an exercise to extract knowledges that could be helpful on a daily live especially on logistics of critical drastics.

So when gambling, you should understand that you would either loose or you win which means it is not worth staking with what is treasured or not affordable to loose.
And you must know your limits so that you don't get addicted or being regretted over your times of staying in the gambling boards.

Don't forget to stipulate your gambling budgets to maintain a  reputable and responsible statusco while on your periods of staying in the gamble.

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Re: Gamble wisely
« Reply #20 on: March 19, 2024, 04:56:14 AM »
Yes gambling is designated to be a game of fun or an exercise to extract knowledges that could be helpful on a daily live especially on logistics of critical drastics.

So when gambling, you should understand that you would either loose or you win which means it is not worth staking with what is treasured or not affordable to loose.
And you must know your limits so that you don't get addicted or being regretted over your times of staying in the gambling boards.

Don't forget to stipulate your gambling budgets to maintain a  reputable and responsible statusco while on your periods of staying in the gamble.
perfect advise , try only to have your own capital each time you gamble to have a limit and also to know when to stop.
that is the attitude each players need to find on themselves to make it much better.
Interesting comments and am satisfied
Indeed mate, they do .

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Re: Gamble wisely
« Reply #21 on: March 19, 2024, 10:26:58 AM »
Gambling is what people do for fun, its 50-50 either you win or you loose, Gambling is based on luck, you can also earn in crypto currency in most casino games and poca, but that Doyle's not means it is an investment...
Always stake wisely and do it as fun, and don't forget to stop or quit gambling especially when your making it an habit or becoming addicted to it.
It us quite hard for an addict to quit gambling, but if you really want to quit it you can do it, you just need to work on yourself,  shear your ideas about gambling wisely ...

Important notice, for all forms of gambling whether it's a casino , or the stock market or in life. Gambling involves risk and it's also important to know there is always the potential to lose money. So it's up to you if you can afford to lose and set your limits on how much you can risk.

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Re: Gamble wisely
« Reply #21 on: March 19, 2024, 10:26:58 AM »


Offline JaoBadjap

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Re: Gamble wisely
« Reply #22 on: March 19, 2024, 01:53:23 PM »
Gambling is what people do for fun, its 50-50 either you win or you loose, Gambling is based on luck, you can also earn in crypto currency in most casino games and poca, but that Doyle's not means it is an investment...
Always stake wisely and do it as fun, and don't forget to stop or quit gambling especially when your making it an habit or becoming addicted to it.
It us quite hard for an addict to quit gambling, but if you really want to quit it you can do it, you just need to work on yourself,  shear your ideas about gambling wisely ...

I would agree with Gambling is based on luck. And i used to gamble but not in the casino's or gambling place where you got to chip-in or something like that.
I used to gamble on houses with some friends ( i dont know if that is what you call your opponents) but either way it became an addiction. For me at those time, i enjoyed playing and reading cards. I dont know if your familiar with Tong-Its (its a game from where i came from), in which you got to predict and read what's the possible cards your opponent has from the cards that is shown.
But most of time, its really luck.
Quitting was kinda hard for me at those time. But i overcome it with the help of my wife. and that addiction is really hard to mess with. at this moment, online gambling site and apps are more accessible and easy to play with. and at the same time most of the local card games are also available at those app.
and for me, gambling isnt that bad. really, you just gotta learn when to stop, understand and choose the game that you think you could win. at the same time stick with your budget and always play with the money you can afford to lose.

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Re: Gamble wisely
« Reply #23 on: March 20, 2024, 03:25:18 PM »
Gambling is what people do for fun, its 50-50 either you win or you loose, Gambling is based on luck, you can also earn in crypto currency in most casino games and poca, but that Doyle's not means it is an investment...
Always stake wisely and do it as fun, and don't forget to stop or quit gambling especially when your making it an habit or becoming addicted to it.
It us quite hard for an addict to quit gambling, but if you really want to quit it you can do it, you just need to work on yourself,  shear your ideas about gambling wisely ...

Important notice, for all forms of gambling whether it's a casino , the stock market, or in life. Gambling involves risk and it's also important to know there is always the potential to lose money. So it's up to you if you can afford to lose and set your limits on how much you can risk.

True, no outcome is certain and that is why all gamblers should gamble with spare money or only money that they are prepared to lose. When you gamble with what you can lose, you can easily control your emotions and avoid chasing losses unnecessarily.

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Re: Gamble wisely
« Reply #24 on: March 20, 2024, 06:57:21 PM »
It is a gradual process and it is not by force. One thing that can make gambling addict to stop gambling is open minded. He has to open up to people and seek advice from people so that people can help him by counseling and guiding him what to do and another thing is that he has to create a budget to gamble. Just like some who was addicted to smoking. When he was given advise to stop smoking, he was first advise to reduce the number of smoking per day and he did it and later he stopped smoking through the practice. So gamblers can also do that.

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Re: Gamble wisely
« Reply #25 on: March 20, 2024, 08:20:38 PM »
Gambling is what people do for fun, its 50-50 either you win or you loose, Gambling is based on luck, you can also earn in crypto currency in most casino games and poca, but that Doyle's not means it is an investment...
Always stake wisely and do it as fun, and don't forget to stop or quit gambling especially when your making it an habit or becoming addicted to it.
It us quite hard for an addict to quit gambling, but if you really want to quit it you can do it, you just need to work on yourself,  shear your ideas about gambling wisely ...

Important notice, for all forms of gambling whether it's a casino , or the stock market or in life. Gambling involves risk and it's also important to know there is always the potential to lose money. So it's up to you if you can afford to lose and set your limits on how much you can risk.
As long as you are gambling for fun, there is no problem a that, because you will only gamble with the amount you can risk. Addiction comes in when you are greedy, trying to win big from gambling when you know that the possibility of that is very slim. This is when it gambling will become a problem in that person's life. But if you gamble responsible, you will not run at huge loss, because there is no way a gambler will not run at loss.

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Re: Gamble wisely
« Reply #26 on: March 20, 2024, 08:44:08 PM »
Gambling is what people do for fun, its 50-50 either you win or you loose, Gambling is based on luck, you can also earn in crypto currency in most casino games and poca, but that Doyle's not means it is an investment...
Always stake wisely and do it as fun, and don't forget to stop or quit gambling especially when your making it an habit or becoming addicted to it.
It us quite hard for an addict to quit gambling, but if you really want to quit it you can do it, you just need to work on yourself,  shear your ideas about gambling wisely ...
I agree that when you place a bet it is 50/50 on whether you win or lose, but some bets have a better chance to win vs other bets. Slot machines are totally luck based and you have a 50% chance to win or lose on each spin, odds are heavily favored for the house and most players will lose way more then they ever win.

Sportsbetting is an area that I feel you can make smarter bets and change the odds to your favor. There are alot of games where a team is a huge favorite in a sport like basketball. Odd have them at -3000 which is a massive advantage. Means you have to wager $3000 to win $100. Can you lose that bet? Yes, but the odds are very low. I wouldn't recommend making lots of these types of bets, I'm just saying the odds are in your favor.
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Offline DragonF

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Re: Gamble wisely
« Reply #27 on: March 20, 2024, 09:52:49 PM »
Gambling is what people do for fun, its 50-50 either you win or you loose, Gambling is based on luck, you can also earn in crypto currency in most casino games and poca, but that Doyle's not means it is an investment...
Always stake wisely and do it as fun, and don't forget to stop or quit gambling especially when your making it an habit or becoming addicted to it.
It us quite hard for an addict to quit gambling, but if you really want to quit it you can do it, you just need to work on yourself,  shear your ideas about gambling wisely ...
I agree that when you place a bet it is 50/50 on whether you win or lose, but some bets have a better chance to win vs other bets. Slot machines are totally luck based and you have a 50% chance to win or lose on each spin, odds are heavily favored for the house and most players will lose way more then they ever win.

Sportsbetting is an area that I feel you can make smarter bets and change the odds to your favor. There are alot of games where a team is a huge favorite in a sport like basketball. Odd have them at -3000 which is a massive advantage. Means you have to wager $3000 to win $100. Can you lose that bet? Yes, but the odds are very low. I wouldn't recommend making lots of these types of bets, I'm just saying the odds are in your favor.

I think it is 40/60 because the chances of losing are higher than the chances of winning. I always tell gamblers around me that any money you stake is gone so it is better to build your mind around this belief since the only certainty in gambling is losing. You are sure to lose but not sure to win. I have gambled for years and all the times I gamble I have the hope of winning but 85% of the time I have lost which means you lose more than you win so that gave me the insight that it is a 40/60 probability.

I agree with you on your opinion about sports betting. My reason is simple. In sports betting, a gambler has the opportunity to analyze the team performance, player statistics, injuries, and other variables to make informed bets. With this, a gambler can boast of a better winning rate.

Offline bettercrypto

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Re: Gamble wisely
« Reply #28 on: March 21, 2024, 07:38:12 AM »
It is a gradual process and it is not by force. One thing that can make gambling addict to stop gambling is open minded. He has to open up to people and seek advice from people so that people can help him by counseling and guiding him what to do and another thing is that he has to create a budget to gamble. Just like some who was addicted to smoking. When he was given advise to stop smoking, he was first advise to reduce the number of smoking per day and he did it and later he stopped smoking through the practice. So gamblers can also do that.

Sometimes I think that betting in a casino is not a 50/50 chance of winning or losing. Instead, I also think 95/5, or 95%, always lose, and only 5% have the chance of winning. Because that's what usually happens when the gambler loses, right?

So for me, it is very difficult to gamble wisely because winning is too difficult for gamblers. That's why when they get a big win in gambling, others immediately refuse or stop to take out what they won, and I think that's the wise decision that a gambler makes.

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Re: Gamble wisely
« Reply #29 on: March 21, 2024, 12:25:07 PM »
Gambling is what people do for fun, its 50-50 either you win or you loose, Gambling is based on luck, you can also earn in crypto currency in most casino games and poca, but that Doyle's not means it is an investment...
Always stake wisely and do it as fun, and don't forget to stop or quit gambling especially when your making it an habit or becoming addicted to it.
It us quite hard for an addict to quit gambling, but if you really want to quit it you can do it, you just need to work on yourself,  shear your ideas about gambling wisely ...
Gambling is a serious addiction that once it gets out of control a person cannot get out of it.  Moreover, it is different for gamblers who have taken up gambling as a pastime and can control themselves from gambling whenever they experience excessive addiction and harm.  But for those gamblers who have prioritized gambling as a source of income, gambling causes severe disorder, they cannot control themselves from gambling and later they face family crisis as well as economic disaster.
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