Altcoins Talks - Cryptocurrency Forum
Wider Crypto World => Gambling & Crypto Casinos => Gambling discussion => Topic started by: mu_enrico on August 23, 2022, 05:33:12 PM
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After searching and listening to discussions from gamblers who "survived" gambling for years without having profound problems in their life, I came to a conclusion that what they have in common is a realization that (1) gambling is a form of entertainment, not a way to make money/profits. Furthermore, they always have (2) a fixed budget before playing and stick to the budget. They (3) won't withdraw more money if they lose the initial budget trying to get it back. And finally, they (4) won't feel any guilt about losing the deposit.
I think what they do is basically limit their exposure to the adrenaline rush and dopamine feedback loop. If a gambler really tries to win, betting a significant portion of his lifesaving, the amount of adrenaline released is so high that it's like facing imminent danger. Then, when he wins, his brain feels relieved and releases dopamine. This mechanism is what makes people addicted to gambling and unavoidable become problem gambler.
What do you think?
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I completely agree that gambling should always be treated as a form of entertainment and never as a way to make profits. It's great to hear that there are gamblers out there who have found ways to enjoy the experience while minimizing their risk of developing gambling addiction.
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I completely agree that gambling should always be treated as a form of entertainment and never as a way to make profits. It's great to hear that there are gamblers out there who have found ways to enjoy the experience while minimizing their risk of developing gambling addiction.
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It is never possible to become an overnight rich person from gambling because the losses are more than the profits that come from gambling. Many people take gambling as their main source of income which should never be done because depending on gambling will definitely lead to bankruptcy. Thinking that there is no other option, many people depend on gambling for their livelihood but many times they leave their family for bankruptcy. seen to occur.
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I completely agree that gambling should always be treated as a form of entertainment and never as a way to make profits. It's great to hear that there are gamblers out there who have found ways to enjoy the experience while minimizing their risk of developing gambling addiction.
Inasmuch as we would like to convince ourselves that gambling should be about fund, we can't overlook the fact that we'd still be filled with so much disappointment whenever we lose a bet, no one looses money and then say he had fun doing that, tell that to the children buddy. While we consider betting as fun and a means of recreation, let's not forget that the outcome could still influence us.
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its always a way of making money for majority of the gamblers. otherwise there is no need to gamble. some people actually just try gambling to double the money they have for they need the money. they may succeed or not but its what is happening to some of us thinking they could be lucky to get some money out of nothing.
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Gambling with the intention of getting rich overnight is the worse mistake a gambler could ever make, gambling is not a get rich quick scheme and every gambler should have this mind.
Gambling is more of a 50/50 stuff and making profit isn't certain so you can't just see or consider it as something that'll enrich you or change your financial status. On the contrary, gambling sure do have the ability to change your financial status, but just not in the way you're thinking it, it is mostly the opposite and that's why people should always be careful whe gambling.
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its always a way of making money for majority of the gamblers. otherwise there is no need to gamble. some people actually just try gambling to double the money they have for they need the money. they may succeed or not but its what is happening to some of us thinking they could be lucky to get some money out of nothing.
This is the reason why gambling is a tempting way to make quick money, it can also have consequences for those who are addicted. There are some people who gamble who have high hopes to double the money they have but the sad thing is, the outcome is most likely the opposite of what they expected. Instead of winning, they end up losing all the money they have.
It's important for anyone to know that gambling should only be done using the small money we have. We should only gamble the amount of money that we can afford to lose. If you gamble all of your money, you run the risk of ruining your life. So, be cautious when it comes to gambling and always gamble responsibly.
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Gambling with the intention of getting rich overnight is the worse mistake a gambler could ever make, gambling is not a get rich quick scheme and every gambler should have this mind.
Yes, gambling is not for the ones who want to get rich quick or get rich overnight. A gambler needs to follow some rules as a beginner because the ones who want to get rich with gambling end up loosing everything and they also get addicted to gambling by doing that.
A good gambler doesn't gamble to earn money and the ones who are after money aren't gamblers at all. They are the newbies who just want to find an easy way to earn money and some people suggest those newbies to start gambling and they also tell those newbies that gamblers can get rich very quickly.
They don't tell them that in the world of gambling your luck plays a very important role and also with luck you must have to have a proper strategy. Those gamblers end up loosing the money that they deposited into their accounts. I think every gambler should guide those newbie gamblers so they can understand that gambling is not the way to riches for everyone, and one should also tell them about the risk of loosing everything with wrong bets.
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You said that right. As a gambler, he should only play for fun and should not be greedy for the money he can win from gambling. Achieving a casino win here in the crypto space is just a bonus that really counts.
This should not be the way in the future to destroy our character just because of the desire to get rich in gambling, because winning the jackpot here can only be considered a stroke of luck and not because you have skills in it.
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A gambler will definitely try to get money out of it through gambling. But there must be a limit to it. It is said that gambling is not a money-making scheme but still people gamble because of excessive greed. More changes can be observed in a gambler when excessive greed works.
A gambler's bet increases due to greed. In one stage excessive greed make him loser. In most causes it becomes difficult to manage his bankroll.
If a gambler conducts his gambling normally without excessive greed, he will have the opportunity to gamble for a long time. Fraudulent policies await those gambling to get rich quick.
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Most gamblers have the mindset that gambling is way of making fast money. Whereof gambling some thing that should be entertaining and but we humans are forms of abusing things that most people end up going all out in gambling to make bigger profit or to cover their previous losses, they don't they are actually opening way for more losses to come. And is something that can be easily addicted to so don't take gambling as a business nor a job take it as some thing you just do to while away time or fun that you're ready for any possible outcome.
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Most gamblers have the mindset that gambling is way of making fast money. Whereof gambling some thing that should be entertaining and but we humans are forms of abusing things that most people end up going all out in gambling to make bigger profit or to cover their previous losses, they don't they are actually opening way for more losses to come. And is something that can be easily addicted to so don't take gambling as a business nor a job take it as some thing you just do to while away time or fun that you're ready for any possible outcome.
That's why it's also very advisable to gamble with what you can afford to loose rather going in with all your money with hopes of winning
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One should not aspire to get rich overnight through gambling. But in some cases, if you can win the jackpot, you can become rich, but it can be achieved in a very short time. But if one bet excessively despite repeated losses due to excessive greed, it will not take long for one to become bankrupt instead of rich. No one ever wins anything extra in gambling, rather he loses more dollars in gambling bets than he gambles with. Therefore, one should not get addicted to gambling or gambling with the mindset of getting rich.
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Most gamblers have the mindset that gambling is way of making fast money. Whereof gambling some thing that should be entertaining and but we humans are forms of abusing things that most people end up going all out in gambling to make bigger profit or to cover their previous losses, they don't they are actually opening way for more losses to come. And is something that can be easily addicted to so don't take gambling as a business nor a job take it as some thing you just do to while away time or fun that you're ready for any possible outcome.
That's why it's also very advisable to gamble with what you can afford to loose rather going in with all your money with hopes of winning
The biggest mistake that will happen in your life is if you bet all of your money and think to win. For sure people who aren't experienced this or are still not able to persuade by other people's experience will do it and when they discover it for sure they will regret it because most people don't listen to others and they only realize when it happened already. Though right now awareness of gambling is much higher than before there are still people doing this, I do hope that they will not go broke just because of that stupid decision.
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Most gamblers have the mindset that gambling is way of making fast money. Whereof gambling some thing that should be entertaining and but we humans are forms of abusing things that most people end up going all out in gambling to make bigger profit or to cover their previous losses, they don't they are actually opening way for more losses to come. And is something that can be easily addicted to so don't take gambling as a business nor a job take it as some thing you just do to while away time or fun that you're ready for any possible outcome.
That's why it's also very advisable to gamble with what you can afford to loose rather going in with all your money with hopes of winning
The biggest mistake that will happen in your life is if you bet all of your money and think to win.
And this is exactly what causes frustration and also resulting to stupid decisions, the other day, we heard someone took his own life after loosing a bet, if he knew fully well what gambling is really all about and that one shouldn't gamble with everything he has with the hopes of winning then he'd still be alive now.
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If people did not inspire pleasure by gambling, they would never have gamble a second time. When one gams, a type of hormone is released in his head and when he wins, the release of this dopamine immediately stimulates his pleasure. I can never agree on being rich by gambling. Although people benefit temporarily through gambling, it becomes a major addiction in the future. As a result, you will have a chance of loss later. So through this you should never make money from gambling. And those who take it as entertainment yet it has become a kind of addiction to them.
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In as much as there are dangers in gambling and the universal truth that gambling mars gamblers more than it makes them, giving reasons why a gambler shouldn't try to get rich through gambling is not enough to deter gamblers completely from the venture of gambling especially the majority who perceive gambling as a money-making venture.
Of a truth, gambling can make someone very rich and some names are worth nothing here; Tony Bloom, Bill Benter, Billy Walters, Mattress Mack, and in Nigeria, the likes of the Mayor of Ekiti and Mr. Banks can justify that someone can gamble to get rich and indeed, gets rich. Furthermore, the story of a 19-year-old boy who won 38m with a stake of #400 is a justification that gambling can truly make one rich but then whether one approaches it as an entertainment or money-making venture what matters is how disciplined the gambler is. I have always advocated betting with an amount one can afford to lose because that's the only way a gambler can overcome the dangers associated with betting.
My take on this topic is that whether a gambler sees gambling as an entertainment or a money-making venture, he or she should be disciplined to the point of betting with an amount that won't cause complications in his/her life. Hence, whether someone gambles to get rich doesn't matter as long as he is disciplined.
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Most gamblers have the mindset that gambling is way of making fast money. Whereof gambling some thing that should be entertaining and but we humans are forms of abusing things that most people end up going all out in gambling to make bigger profit or to cover their previous losses, they don't they are actually opening way for more losses to come. And is something that can be easily addicted to so don't take gambling as a business nor a job take it as some thing you just do to while away time or fun that you're ready for any possible outcome.
That's why it's also very advisable to gamble with what you can afford to loose rather going in with all your money with hopes of winning
The biggest mistake that will happen in your life is if you bet all of your money and think to win.
And this is exactly what causes frustration and also resulting to stupid decisions, the other day, we heard someone took his own life after loosing a bet, if he knew fully well what gambling is really all about and that one shouldn't gamble with everything he has with the hopes of winning then he'd still be alive now.
It is really sad to hear and read the news that they are taking their own lives because of gambling and their own mistake in putting all their bets in. This kind of person also should have friends or family that can listen to him so that he can tell his problem because most of those suicidal thoughts are that you haven't talked to someone about your problem and your evil self will just tell you to take your own life so that you'll be free, which is the opposite as the situation will get worse because your family will be the ones in burden because of your consequences.
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It is never possible to become an overnight rich person from gambling because the losses are more than the profits that come from gambling.
I disagree because there are exceptions and those exceptions or peculiar instances make it possible, though not easy, to become rich overnight through gambling. I have seen and heard stories of people who won millions with a token and became rich from there. Two months ago, someone won #60m with just a stake of #170. Now tell me, is that not a case of a person becoming rich overnight through gambling? There are so many stories of that nature but the truth remains that the majority cannot be that lucky and that's why it is not a good practice to gamble to get rich but it's possible if luck falls on you.
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If people did not inspire pleasure by gambling, they would never have gamble a second time. When one gams, a type of hormone is released in his head and when he wins, the release of this dopamine immediately stimulates his pleasure. I can never agree on being rich by gambling. Although people benefit temporarily through gambling, it becomes a major addiction in the future. As a result, you will have a chance of loss later. So through this you should never make money from gambling. And those who take it as entertainment yet it has become a kind of addiction to them.
This same thing you are seeing as a woeful thing to do,some persons are really using to make good cool cash,it all depends on the way you see it.Some persons even see gambling as a sin,they see it as something abominable to anybody who indulges in it,but this ideology is totally wrong because gambling is something helpful to those who lack what to do,It also makes some one get rich overnight.When I say this,it might look like a dream to some persons,but the truth of the matter is that,people carry different grace and luck,I believe you've also heard people talk about cases like this,that they won a huge amount of money with a less amount,these are happening,and it's a way of elevating people.
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I completely agree that gambling should always be treated as a form of entertainment and never as a way to make profits. It's great to hear that there are gamblers out there who have found ways to enjoy the experience while minimizing their risk of developing gambling addiction.
We shouldn't be too obsessed to be rich by gambling. Gambling is a more suitable place for entertainment. If we want to be rich, we can invest in crypto coins or trade them. When we are too obsessed to gain huge money in gambling, we probably become difficult to control ourselves. In this situation, we may gamble excessively and this may lead to addiction. That's why we mustn't rely on gambling for gaining money, just make it as a place for having fun. It is okay to expect to earn money, but don't make it as a must.
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You got it right..
Gambling trying to get rich is one of the effective ways that triggers addiction since they have stick that into their hearts they won't care about how much they lose, and if it happens that they have a winning it would then make it worse whereby it may trigger the greed in them. Just as mentioned having control over oneself is one of the important thing to do.
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You could try all your life but you will never succeed in getting rich in gambling but is easy to lose all your money in gambling and it will not even take a week.
If you're not a gambling operator your chances of getting rich in gambling are zero, people should understand the fact that casinos are entertainment portals its not a cashcow it is a fact, there may be some people who flaunt their huge winnings but if you ask them their losses is not even half of their winnings, you're not only going to lose your money, you're to lose your job, your family and you'll even get a lifetime depression, so stop your delusion that you can get rich in gambling.
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This is a thought that I had when I was a rookie, and why not do it? because technically it is not possible, it is something that I learned with a few attempts that it is not like that, in fact to play and to be rich, you would have to make very large bets in a single throw, and whoever has enough money to make very large bets big? In the game that I realized that you can do such a thing is in the slots, which have to gain large multipliers, and that is something that I do not see viable, because in the slots, sometimes you win, sometimes you lose, and that is something that we must always consider, not only in making a simple bet, but if you want to have a good amount of money, well it is easy, you have to see how much the person is willing to lose in case they do not have the corresponding luck.
This gambling and casino thing is not something that is so easy, you have to do and understand many things, maturity with money is something that has to always be present.
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You could try all your life but you will never succeed in getting rich in gambling but is easy to lose all your money in gambling and it will not even take a week.
If you're not a gambling operator your chances of getting rich in gambling are zero, people should understand the fact that casinos are entertainment portals its not a cashcow it is a fact, there may be some people who flaunt their huge winnings but if you ask them their losses is not even half of their winnings, you're not only going to lose your money, you're to lose your job, your family and you'll even get a lifetime depression, so stop your delusion that you can get rich in gambling.
One of the reasons that can complement your idea is because gambling is in any case not a place to earn income, but rather nothing more than an activity that is only useful to fill your spare time when for example you are off work, if they want to be gamblers who remain safe without being haunted or even experiencing the adverse effects of gambling then obviously they must emphasize the actual fact in their minds that gambling is not a means of earning income. But unfortunately I see that most of the newly arrived gamblers have the wrong mindset and point of view, there is no doubt that from the beginning they are too serious about winning so I am sure that soon they will suffer from something that addicts are experiencing now, financial problems are sure to be experienced and the following are also mental and psychological problems because it is not uncommon to see gamblers who are depressed due to too many losses.
It is ridiculous when someone has the goal of getting rich just by gambling, it makes absolutely no sense because in gambling there is absolutely no element of success. If you are involved in gambling you will in fact only revolve around winning and losing situations, so don't get into that mindset because it will only cause you a lot of problems in the long run due to the wrong approach to gambling. Honestly I would agree with the idea of "you can get rich from gambling" if you own your own casino and make a lot of profit from the many gamblers who lose, but if you are just a casual gambler then don't get your hopes up, because that will only make you even more disappointed at the end of the session, your hopes are nothing more than a hallucination because there is absolutely no guarantee and certainty of anything for the end of the session.
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Gambling with the intention of getting rich overnight is the worse mistake a gambler could ever make, gambling is not a get rich quick scheme and every gambler should have this mind.
Many gamblers have such belief and desire in mind that if they can gamble for a particular time and season, they will become rich. Such beliefs do come to their mind as a result of what they have heard of, gambling making people rich.
It will be hard for such intuition to move out of people's minds because they have already taken gambling to be a way of making easy money, making them deviate from what gambling is all about ''for entertainment''
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Gambling with the desperate priority to get rich has the tendencies to earn regrets of a ruined life after a bankrupt of your eagerness of chasing riches while gambling.
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My take on this topic is that whether a gambler sees gambling as an entertainment or a money-making venture, he or she should be disciplined to the point of betting with an amount that won't cause complications in his/her life. Hence, whether someone gambles to get rich doesn't matter as long as he is disciplined.
As a gambler, a disciplined attitude is needed for one to gamble with the amount they can spare without causing a complicated life for themselves.
A disciplined attitude is what many gamblers lack, which makes them gamble more than their financial budget for the week or month, believing that they will win in gambling someday.
When they didn't later win, they began to sell their properties or borrow money from their friends, to make sure they continued their gambling addictions to bet more than they could afford to lose.
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Gambling with the desperate priority to get rich has the tendencies to earn regrets of a ruined life after a bankrupt of your eagerness of chasing riches while gambling.
😂... Lolz... Gambling is not a get rich investment or scheme but it is a 50/50 prediction of games. Either you lose or you win and the rate of losing is more higher than the rate of winning. So when you are gambling you don't have to think that you are going to get rich from gambling. And you can only get the mindset of having a fun in the process of playing the gamble and in the process if you have the luck to win then you can hit the jackpot. Let your luck be shining.
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Why You Shouldn't Gamble Trying To Get Rich
It is true that one should never gamble to become rich and especially gambling can never make a man rich. A person in thousands or lakhs can become rich by winning the jackpot but it has to be supremely good luck. Gambling should always be considered as entertainment and gambling should never be considered as a means of earning. Those who have taken up gambling as a means of earning are the ones who have suffered the most in life. Always use a specific budget of income, especially for gambling, just for entertainment. Apart from this if you use it you will definitely become addicted to gambling and will completely destroy your life.
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You have quite valid points, it's just so unfortunate how people consider gambling as a viable source of income forgetting that it's a 50/50 thing and nothing is sure.
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You have quite valid points, it's just so unfortunate how people consider gambling as a viable source of income forgetting that it's a 50/50 thing and nothing is sure.
When you consider the hardship and poverty faced by people especially those in Third World Countries, you can see reasons why people have considered gambling as a way of breaking out from the chains of poverty.
Since people are so poor, gambling not to get rich is not possible. Every poor gambler aims to make money and so if it's not making money there is no need to gamble.
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If we take gambling as our profession and if we think that gambling will change our fate one day then we are walking on the wrong path. Very few people have been able to change their financial situation by gambling. That is, I am talking about those gamblers who took up gambling as a profession and who thought that gambling would make them very rich one day. Gamblers who gamble to get rich are more likely to lose their money because the gambler wants to win at any cost and whenever he loses instead of winning, he gambles again with more money to recover that loss. If you decide to gamble like this, the outcome is more likely to go against you. If we think about gambling a little differently instead of thinking like this, it might not be so bad for us at all.
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No one can guarantee that you can get rich overnight from gambling and the number of people who have become rich by betting on gambling is also very small.
Gambling should be considered purely as a source of pleasure because when you consider this gambling as the main source of income, you will never have the possibility of making big profits unless you place big bets. Moreover, when you invest in gambling bets, there is a chance that you will lose the bet and if you lose, you will have to count the losses, which will further reduce your chances of getting rich.
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Is it possible to make a permanent income through gambling? What is your opinion?
No, it is never possible. You can not make a steady income from gambling because you definitely will not be winning all the time you go to a casino.
For example, you might gamble today with $50 and lose all that money for that day. If you repeat the next day the same amount, you might be able to multiply the money 2x, but you might also lose all that money on the next day. That's how gambling is and therefore should not be handled as an occupation.
Although I have seen a man gambling always and yet taking good care of the financial need of his family. I think that gambling is just what he does, but I am not yet sure that he doesn't have any secret investment that is generating money for him always.
I think the same about Gambling, you should never consider it as a profession, unless the person is a very millionaire and can make impressive expenses that do not hurt him or affect his life, because the problem is when they affect his life. , there is nothing worse than that, in the case that you say about spending that money, it is very true that we cannot afford to spend all that money, apparently $50 is representative and what I would do would be to divide those 50usd and play only slots, first to My slots are the only game that can do a lot with little, secondly I like it because it makes me uneasy and I think that spending 10usd at a time is enough to earn 50usd at once.
For me, things that are trying to be done Better in a certain way and sprouqe have to be taken with the respective seriousness, you can't be inventing, things have to be done as they are, that's why seeing the game as something professional is very bad done
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No one can guarantee that you can get rich overnight from gambling and the number of people who have become rich by betting on gambling is also very small.
Gambling should be considered purely as a source of pleasure because when you consider this gambling as the main source of income, you will never have the possibility of making big profits unless you place big bets. Moreover, when you invest in gambling bets, there is a chance that you will lose the bet and if you lose, you will have to count the losses, which will further reduce your chances of getting rich.
What you say is very true, in fact one of the things that can make us win a lot, or well a game that can make us win a lot but by knowing how to play, applying risk management well, are slots, because with little money you can win a lot, in fact this is a very popular game, many of the players like it because it has always been a way of doing things very well and you can achieve great things with this, on a personal level I have always said aglo, yes we We can play the slots sometimes even with less than 10usd we can win over 300usd, but of course, having a very large amount.
We are also gamers who also understand that to achieve something like this you essentially need a lot of money, so one thing leads to another, it is difficult to play like this, because in the same way there is always something with which there is a great risk, but it is already It is important for the player to take risks and know how to bet on the slots, if he decides to look for money with this.
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I think what they do is basically limit their exposure to the adrenaline rush and dopamine feedback loop. If a gambler really tries to win, betting a significant portion of his lifesaving, the amount of adrenaline released is so high that it's like facing imminent danger. Then, when he wins, his brain feels relieved and releases dopamine. This mechanism is what makes people addicted to gambling and unavoidable become problem gambler.
What do you think?
I agree. It is really what is happening when we are gambling. The excitement and disappointment we feel when we got winnings and loss, it keep us away from refraining but instead it urge us to place more bets until we got addicted to it.
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No one can guarantee that you can get rich overnight from gambling and the number of people who have become rich by betting on gambling is also very small.
Gambling should be considered purely as a source of pleasure because when you consider this gambling as the main source of income, you will never have the possibility of making big profits unless you place big bets. Moreover, when you invest in gambling bets, there is a chance that you will lose the bet and if you lose, you will have to count the losses, which will further reduce your chances of getting rich.
I don't even see those who gamble getting rich, unless they work in a bookie environment and also bookies who own gambling. But if it's just as a gambler, then I would be very confident to say they will never get rich from gambling.
I agree with you, it's better to keep gambling as a source of fun without any hope of getting rich. I understand all gamblers would want to experience a big win from the gambling they do. But it's just a wish that has no guarantee in it.
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After searching and listening to discussions from gamblers who "survived" gambling for years without having profound problems in their life, I came to a conclusion that what they have in common is a realization that (1) gambling is a form of entertainment, not a way to make money/profits. Furthermore, they always have (2) a fixed budget before playing and stick to the budget. They (3) won't withdraw more money if they lose the initial budget trying to get it back. And finally, they (4) won't feel any guilt about losing the deposit.
I think what they do is basically limit their exposure to the adrenaline rush and dopamine feedback loop. If a gambler really tries to win, betting a significant portion of his lifesaving, the amount of adrenaline released is so high that it's like facing imminent danger. Then, when he wins, his brain feels relieved and releases dopamine. This mechanism is what makes people addicted to gambling and unavoidable become problem gambler.
What do you think?
Well I never really looked and understand this from the medical aspect but I can totally relate to the pints you have given. The one am really familiar with and most effective to causing problems for the gambler is actually the one about feeling guilty of losing their first deposit. Many people and gamblers have fall victim to this and it's really bad to see a gambler thinking that he can actually get his deposit and at that moment he thinks nothing but just to recover the funds he initially put into the act to try and win maybe millions .
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Op forget about that part that gambling is for entertainment and not to make money then the casinos should remove money from gambling so that people will only use it for entertainment. I will not be deceived by all those statements again. People are losing money daily and you are saying it is for entertainment. Even your topic too can be restructured to " Gambling is Not a Get Rich Scheme" and I believe nobody think to get rich quickly with gambling but the hope for a gambler is that he will win big one day and that is the moral in gambling.
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Taking gambling as a means of making money seems to me an act of supreme folly. Because gambling is only considered as part of entertainment. Those who take it as a means of making money will suffer. No matter how smart a person is, he will suffer a major defeat at some point. And those who have already doubled their profits from gambling should realize that it is an addiction if they play it regularly. After making a profit for the first time, gambles again and again in hopes of achieving that profit. As a result they lose a lot of their money. So I would say taking something good as a means of earning money. You can take gambling only as entertainment if you want.
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Sadly, there isn't an effective approach to combat this issue in our society, unless the gambler in question chooses to abstain. Why should someone stake high when they wouldn't be comfortable with it? Though some believe that the higher the stake, the greater the reward upon success, I've observed that gamblers in my environment opt for smaller stakes. They place amounts they won't regret, maintaining a balance between risk and potential reward.
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I don't even see those who gamble getting rich, unless they work in a bookie environment and also bookies who own gambling. But if it's just as a gambler, then I would be very confident to say they will never get rich from gambling.
Despite the difficulty of getting rich through gambling, it is very possible and few have gotten rich gambling. Gambling involves two possibilities; winning or losing. If we are lucky enough to fall on the winning side and then win big we can get rich. Well, while there are instances of gamblers achieving substantial wealth through gambling, it is better to approach gambling from a realistic perspective because the vast majority of gamblers do not get rich from gambling so it is important to prioritize responsible gaming practices and instead of viewing gambling as a means to accumulate wealth, it should be for pleasure.
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You have quite valid points, it's just so unfortunate how people consider gambling as a viable source of income forgetting that it's a 50/50 thing and nothing is sure.
There is no getting rich overnight with a fifty fifty chance but in gambling someone else can become rich overnight if they win the jackpot or some other combination of points. And in the case of those who become rich overnight, it is never possible to stop gambling because gambling gets into their brain in such a way that they can never stop or control themselves. Gamblers lose more money than they earn later on gambling.
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After searching and listening to discussions from gamblers who "survived" gambling for years without having profound problems in their life, I came to a conclusion that what they have in common is a realization that (1) gambling is a form of entertainment, not a way to make money/profits. Furthermore, they always have (2) a fixed budget before playing and stick to the budget. They (3) won't withdraw more money if they lose the initial budget trying to get it back. And finally, they (4) won't feel any guilt about losing the deposit.
I think what they do is basically limit their exposure to the adrenaline rush and dopamine feedback loop. If a gambler really tries to win, betting a significant portion of his lifesaving, the amount of adrenaline released is so high that it's like facing imminent danger. Then, when he wins, his brain feels relieved and releases dopamine. This mechanism is what makes people addicted to gambling and unavoidable become problem gambler.
What do you think?
Of course I agree with your opinion because gambling should never be used outside of entertainment for gambling entertainment. Those who use this gambling game outside of entertainment are the ones who are the most destroyed and damaged. Although there are no casinos in my area and casinos are banned in my country, I have seen some gambling addicts in my area who have turned their lives around gambling as a source of income and have led their lives very badly. Because this addiction of gambling has completely destroyed the life of the one who has got hold of it. In my opinion a certain budget of earnings should be used for gambling such as 1% to 5% of income and never more than that. Because if you spend 1% to 5% of your income on gambling, even if you lose this amount, you won't get hurt so much that a person will not become addicted to gambling.
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(1) gambling is a form of entertainment, not a way to make money/profits.
From the words gambling = entertainment, we can already say that gambling should not be taken seriously.
Likewise, don't take capital for gambling seriously, don't use a lot of money.
If you use a lot of money and gamble seriously, it will eventually become a problem for the gambler's life.
There is a lot of gambling in the area where I live which ends in misery and has social, economic and family problems. This is very sad because they are so sad for me to look at.
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because the reality is that when playing gambling, no one gets rich, many become poor
If gambling makes players rich, then everyone gambles instead of working
So gambling is only for entertainment, not to make you rich if you want to play gambling
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because the reality is that when playing gambling, no one gets rich, many become poor
If gambling makes players rich, then everyone gambles instead of working
So gambling is only for entertainment, not to make you rich if you want to play gambling
I agree because only few people has become rich in gambling as the odds of losing is quiet high. It's really only one in a million who has got the luck in gambling. If you want to get rich then gambling is not an option here. Try investing in an asset that will surely make it possible to achieve our goal of being a millionaire.
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because the reality is that when playing gambling, no one gets rich, many become poor
If gambling makes players rich, then everyone gambles instead of working
So gambling is only for entertainment, not to make you rich if you want to play gambling
This is not true. Reality has shown that people have become rich from gambling but only a few out of the proportion of people who gamble. Gambling is not a job and that is why people cannot rely on it to get rich. Getting a job will always guarantee financial security and not gambling and that is why it is always advocating that gambling shouldn`t be seen as a means to wealth because you can`t be sure that you will get lucky but then, when we talk about reality, saying that no one gets rich playing gambling we are only denying the few who made it from gambling. You can get rich from gambling but it's not certain and you can't tell when. Thus, if you are gambling to get rich you should gamble responsibly so you don`t create problems for yourself.
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I think what they do is basically limit their exposure to the adrenaline rush and dopamine feedback loop. If a gambler really tries to win, betting a significant portion of his lifesaving, the amount of adrenaline released is so high that it's like facing imminent danger. Then, when he wins, his brain feels relieved and releases dopamine. This mechanism is what makes people addicted to gambling and unavoidable become problem gambler.
What do you think?
I agree. It is really what is happening when we are gambling. The excitement and disappointment we feel when we got winnings and loss, it keep us away from refraining but instead it urge us to place more bets until we got addicted to it.
Winning and losing is a very normal thing in gambling, if you don't gamble properly, you are more likely to lose than win. There are some gamblers who think that gambling is easier to make money than other jobs and it will take a long time to change my financial situation in other jobs, but if I ever get a big jackpot from gambling, his luck will change. Basically because of this kind of thinking there are some gamblers who only gamble and they consider gambling as both their profession and addiction. Such gamblers are more addicted to gambling than those who gamble after completing their work because they spend their entire time and money on gambling.
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So gambling is only for entertainment, not to make you rich if you want to play gambling
If they think gambling can make them rich, it means that the gambler is already addicted to gambling.
At first, perhaps the gambler was just looking for entertainment like as OP said and ended up getting addicted because after gambling he kept losing.
Adrenaline increases when a gambler experiences defeat and wants to repay it with a win, instead of gambling he wins but in fact the gambling continues to lose and ends in poverty.
I only talk like this because there are many motivators on YouTube who say that the adrenaline rush from gambling is very high. :o
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This is not true. Reality has shown that people have become rich from gambling but only a few out of the proportion of people who gamble. Gambling is not a job and that is why people cannot rely on it to get rich. Getting a job will always guarantee financial security and not gambling and that is why it is always advocating that gambling shouldn`t be seen as a means to wealth because you can`t be sure that you will get lucky but then, when we talk about reality, saying that no one gets rich playing gambling we are only denying the few who made it from gambling. You can get rich from gambling but it's not certain and you can't tell when. Thus, if you are gambling to get rich you should gamble responsibly so you don`t create problems for yourself.
For me this is accurate and therefore I agree to your opinion mate. Gambling not really guarantee any winnings as odds of losing is very high. Only one in a million who has this luck to became rich in gambling. People who has the mindset of get rich quick with gambling should change it if not they end up broke.
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Gambling with the intention of getting rich overnight is the worse mistake a gambler could ever make, gambling is not a get rich quick scheme and every gambler should have this mind.
Gambling is more of a 50/50 stuff and making profit isn't certain so you can't just see or consider it as something that'll enrich you or change your financial status. On the contrary, gambling sure do have the ability to change your financial status, but just not in the way you're thinking it, it is mostly the opposite and that's why people should always be careful whe gambling.
People try to get overnight with gambling that's why they come up with a lot of strategies to try to constantly be in profit. If you gamble with the mindset of getting rich with it you are only going to end up losing a lot of money, this can also make you an addicted and obsessed gambler. You cant change your financial capability with gambling it's a different case if you get lucky but relying on luck can make you develop an addiction, Gambling is a game of luck it either make you rich or poor but however the case may be don't gamble with what you can't afford to lose
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Most gamblers have the mindset that gambling is way of making fast money. Whereof gambling some thing that should be entertaining and but we humans are forms of abusing things that most people end up going all out in gambling to make bigger profit or to cover their previous losses, they don't they are actually opening way for more losses to come. And is something that can be easily addicted to so don't take gambling as a business nor a job take it as some thing you just do to while away time or fun that you're ready for any possible outcome.
That's why it's also very advisable to gamble with what you can afford to loose rather going in with all your money with hopes of winning
The biggest mistake that will happen in your life is if you bet all of your money and think to win. For sure people who aren't experienced this or are still not able to persuade by other people's experience will do it and when they discover it for sure they will regret it because most people don't listen to others and they only realize when it happened already. Though right now awareness of gambling is much higher than before there are still people doing this, I do hope that they will not go broke just because of that stupid decision.
Most people find it hard to learn from other people's experience until they end up making the same mistake. Betting with all of your money and hoping to win is very risky because gambling is 50/50, this should remind you that anything you gamble with might just disappear. Most gamblers lose all their money chasing their losses forgetting the consequences of their actions. Having a specific amount to gamble with and not exceeding it when you are winning or losing is the best way to reduce losses. Some people have gone broke because they are trying to enrich themselves with gambling
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Yeah right gambling is a form of entertainment making it a way to get rich is somewhat not a good idea for it takes a lot of risk and luck to achieve that. When a person bets a lot of money, it can feel intense, and winning gives a big rush. This rush can make people want to gamble more, leading to problems. That's Why You Shouldn't Gamble Trying To Get Rich The chances of winning large amounts are low and can even affect your mental health and lead to addiction.
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Yeah right gambling is a form of entertainment making it a way to get rich is somewhat not a good idea for it takes a lot of risk and luck to achieve that. When a person bets a lot of money, it can feel intense, and winning gives a big rush. This rush can make people want to gamble more, leading to problems. That's Why You Shouldn't Gamble Trying To Get Rich The chances of winning large amounts are low and can even affect your mental health and lead to addiction.
If they go ahead and bet large amount there’s a high tendency for them to chafe their loses if they are not lucky during that session and during the chase they might end up losing more to gambling.
We have all see cases where we ask ourselves why didn’t they just stop after losing the first round? It was probably because they used money they couldn’t afford to lose and then thought of going for another round with the hope of winning back what they lost the first time but only for them to lose more again. That’s just how gambling is, it should be taken for entertainment purposes and if you want to earn from it don’t do it excessively else you risk losing your money to it.
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Yeah right gambling is a form of entertainment making it a way to get rich is somewhat not a good idea for it takes a lot of risk and luck to achieve that. When a person bets a lot of money, it can feel intense, and winning gives a big rush. This rush can make people want to gamble more, leading to problems. That's Why You Shouldn't Gamble Trying To Get Rich The chances of winning large amounts are low and can even affect your mental health and lead to addiction.
That's why it is very common in gambling that people lose more than they win in gambling, because the way they approach gambling, approaching with aim of getting rich quick which is very wrong , it's something one should just do for fun and to while away time. Than taken it as a means of earning and stuff
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Yeah right gambling is a form of entertainment making it a way to get rich is somewhat not a good idea for it takes a lot of risk and luck to achieve that. When a person bets a lot of money, it can feel intense, and winning gives a big rush. This rush can make people want to gamble more, leading to problems. That's Why You Shouldn't Gamble Trying To Get Rich The chances of winning large amounts are low and can even affect your mental health and lead to addiction.
That's why it is very common in gambling that people lose more than they win in gambling, because the way they approach gambling, approaching with aim of getting rich quick which is very wrong , it's something one should just do for fun and to while away time. Than taken it as a means of earning and stuff
yeah people gamble to get rich wish is very bad and greedy . Gambling is not what you just lay your hope on . It very risky to lay your hope on a system call gamble .
Thinking you might get rich with gambling is a very risky mindset which I will advise to gamble with caution and mostly for fun