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Author Topic: Why You Shouldn't Gamble Trying To Get Rich  (Read 3700 times)

Offline Primo1760

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Re: Why You Shouldn't Gamble Trying To Get Rich
« Reply #45 on: February 02, 2024, 11:55:33 PM »
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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Re: Why You Shouldn't Gamble Trying To Get Rich
« Reply #45 on: February 02, 2024, 11:55:33 PM »

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Offline kent47400

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Re: Why You Shouldn't Gamble Trying To Get Rich
« Reply #46 on: February 03, 2024, 06:27:32 AM »
(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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Re: Why You Shouldn't Gamble Trying To Get Rich
« Reply #47 on: February 03, 2024, 01:11:35 PM »
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

Offline 0t3p0t

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Re: Why You Shouldn't Gamble Trying To Get Rich
« Reply #48 on: February 03, 2024, 02:14:11 PM »
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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Re: Why You Shouldn't Gamble Trying To Get Rich
« Reply #49 on: February 03, 2024, 04:30:25 PM »
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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Re: Why You Shouldn't Gamble Trying To Get Rich
« Reply #50 on: February 03, 2024, 07:34:58 PM »
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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Re: Why You Shouldn't Gamble Trying To Get Rich
« Reply #51 on: February 04, 2024, 03:31:48 AM »
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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Re: Why You Shouldn't Gamble Trying To Get Rich
« Reply #51 on: February 04, 2024, 03:31:48 AM »


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Re: Why You Shouldn't Gamble Trying To Get Rich
« Reply #52 on: February 04, 2024, 03:09:00 PM »
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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Re: Why You Shouldn't Gamble Trying To Get Rich
« Reply #53 on: September 26, 2024, 03:25:30 PM »
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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Re: Why You Shouldn't Gamble Trying To Get Rich
« Reply #54 on: September 27, 2024, 04:17:55 PM »
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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Re: Why You Shouldn't Gamble Trying To Get Rich
« Reply #55 on: September 27, 2024, 05:46:51 PM »
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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Re: Why You Shouldn't Gamble Trying To Get Rich
« Reply #56 on: September 27, 2024, 05:57:04 PM »
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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Re: Why You Shouldn't Gamble Trying To Get Rich
« Reply #57 on: September 28, 2024, 02:54:23 PM »
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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Re: Why You Shouldn't Gamble Trying To Get Rich
« Reply #58 on: September 28, 2024, 06:20:29 PM »
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
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