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Author Topic: Gambling is not for Everyone  (Read 6895 times)

Offline LUCKMCFLY

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Re: Gambling is not for Everyone
« Reply #75 on: October 11, 2024, 05:12:30 AM »
I will agree with you on these points that gambling is not for everyone because people who cannot control their emotions or their greed will surely kill themselves by gambling.  And so I also think that such public should not gamble.
But I would disagree here that gambling cannot be called fun. Wait let me know do you have go on a trip or in a vacation if you do it's is for entertainment and here you also did invest your money so take gambling that kind of fun and invest here also as you can afford to loose .

You're right, but those are other things, there are people who really have the conditions to not play, but it does not apply to everyone, I consider that the game is first and foremost for entertainment and secondly those who want to see it in a different way is already their perception, but the game was made first for fun and the person who owns the casino to get rich , and for the rest to entertain but never to take it as a source of income, so it should not be generalized , but the game itself anyone can win if they are lucky at the respective moment.
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Re: Gambling is not for Everyone
« Reply #75 on: October 11, 2024, 05:12:30 AM »

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Re: Gambling is not for Everyone
« Reply #76 on: October 11, 2024, 01:32:02 PM »
You're right, but those are other things, there are people who really have the conditions to not play, but it does not apply to everyone, I consider that the game is first and foremost for entertainment and secondly those who want to see it in a different way is already their perception, but the game was made first for fun and the person who owns the casino to get rich , and for the rest to entertain but never to take it as a source of income, so it should not be generalized , but the game itself anyone can win if they are lucky at the respective moment.
The most the casino's owner will be the rich it is natural because if we look at the building cost of a casino site wasn't small it's need a huge money which most of the general people can't afford. Yes, it is possible to build up a casino with little money, but there is no good license and no good promotion, so ultimately it will be seen that the casino owner will not be profitable. And most of those who are rich and own casino are profitable if they have successful promotion and good license and as we know the house always win so the rich person are going to more richer.

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Re: Gambling is not for Everyone
« Reply #76 on: October 11, 2024, 01:32:02 PM »

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Offline libert19

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Re: Gambling is not for Everyone
« Reply #77 on: October 11, 2024, 02:57:49 PM »
I had my time with gambling, with sports betting first and then casino games. It made me restless, and I had even stupid thoughts to make money from it, which of course didn't work out, I am glad I learned my lessons early without significant losses and I don't gamble anymore (I may do here and there though when I win giveaways as they tend to have requirements to gamble or when some casino fascinates me).

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Re: Gambling is not for Everyone
« Reply #78 on: October 11, 2024, 08:43:42 PM »
You're right, but those are other things, there are people who really have the conditions to not play, but it does not apply to everyone, I consider that the game is first and foremost for entertainment and secondly those who want to see it in a different way is already their perception, but the game was made first for fun and the person who owns the casino to get rich , and for the rest to entertain but never to take it as a source of income, so it should not be generalized , but the game itself anyone can win if they are lucky at the respective moment.
The most the casino's owner will be the rich it is natural because if we look at the building cost of a casino site wasn't small it's need a huge money which most of the general people can't afford. Yes, it is possible to build up a casino with little money, but there is no good license and no good promotion, so ultimately it will be seen that the casino owner will not be profitable. And most of those who are rich and own casino are profitable if they have successful promotion and good license and as we know the house always win so the rich person are going to more richer.
An entrepreneur needs to know many things to run a casino business especially to run the casino he must have a huge amount of money so that there is no hindrance in promotion and expansion. There are many casino companies that have had to close down their company as they could not meet their operating expenses. Moreover, those who use more money in this business will take less time to get success in their business. If a casino company is well managed then they have a chance to be profitable in a very short period of time, similarly if they are not properly promoted or managed it becomes difficult to operate and in most cases those casinos will close down.

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Re: Gambling is not for Everyone
« Reply #79 on: October 11, 2024, 09:03:11 PM »
An entrepreneur needs to know many things to run a casino business especially to run the casino he must have a huge amount of money so that there is no hindrance in promotion and expansion. There are many casino companies that have had to close down their company as they could not meet their operating expenses. Moreover, those who use more money in this business will take less time to get success in their business. If a casino company is well managed then they have a chance to be profitable in a very short period of time, similarly if they are not properly promoted or managed it becomes difficult to operate and in most cases those casinos will close down.
You are also right that all gambling sites do not earn profit all the time, this is a good example because those who do not have the necessary funds or do not have the necessary plan or management are forced to close their casino site at the end of the day. There are many such casinos. So I always think that these businesses need specific plans and funds and should not go to these businesses. Yes, it is true that casino business can be run with little money, but those who run casino with this idea in mind are mostly scammers.

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Re: Gambling is not for Everyone
« Reply #80 on: October 13, 2024, 03:18:48 PM »
An entrepreneur needs to know many things to run a casino business especially to run the casino he must have a huge amount of money so that there is no hindrance in promotion and expansion. There are many casino companies that have had to close down their company as they could not meet their operating expenses. Moreover, those who use more money in this business will take less time to get success in their business. If a casino company is well managed then they have a chance to be profitable in a very short period of time, similarly if they are not properly promoted or managed it becomes difficult to operate and in most cases those casinos will close down.
You are also right that all gambling sites do not earn profit all the time, this is a good example because those who do not have the necessary funds or do not have the necessary plan or management are forced to close their casino site at the end of the day. There are many such casinos. So I always think that these businesses need specific plans and funds and should not go to these businesses. Yes, it is true that casino business can be run with little money, but those who run casino with this idea in mind are mostly scammers.
Usually casinos will spend a lot of money when they first start a business, because operational costs and so on will definitely be high. While at the same time they also still have to develop their business so that it can be known by people and also build a very good reputation.

Well, in building a reputation, there will usually be more obstacles, because to get it all takes a very long time and they must have capital reserves to be able to get that reputation.

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Re: Gambling is not for Everyone
« Reply #81 on: October 13, 2024, 10:37:15 PM »
Usually casinos will spend a lot of money when they first start a business, because operational costs and so on will definitely be high. While at the same time they also still have to develop their business so that it can be known by people and also build a very good reputation.

Well, in building a reputation, there will usually be more obstacles, because to get it all takes a very long time and they must have capital reserves to be able to get that reputation.
I will agree with you and also say that the casino business is not as easy as we all think it is, it is only for those who have huge wealth. Anyone can create a casino site if they want, but if they don't have the right strategy or the right amount of funds, they won't be able to sustain it for long, eventually it will be seen that they are closing the site.
And if it takes 50000 dollars to build a casino, then at least 30% of the money has to be spent on promotion, that is a huge amount, and by chance, if the promotion strategy is not right, then more investment has to be made here for marketing. And if you want to keep the repetition right, you have to do continuous promotion.

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Re: Gambling is not for Everyone
« Reply #81 on: October 13, 2024, 10:37:15 PM »


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Re: Gambling is not for Everyone
« Reply #82 on: October 14, 2024, 03:24:49 PM »
There are people who have had unpleasant events in their lives, and therefore such people are not good at controlling themselves. And I can assume that if this had not happened, they would be calm and balanced in their decisions. But such people are often found in gambling, and they absolutely do not know how to stop gambling and say to themselves "enough".
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Offline LUCKMCFLY

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Re: Gambling is not for Everyone
« Reply #83 on: October 15, 2024, 03:20:51 AM »
The most the casino's owner will be the rich it is natural because if we look at the building cost of a casino site wasn't small it's need a huge money which most of the general people can't afford. Yes, it is possible to build up a casino with little money, but there is no good license and no good promotion, so ultimately it will be seen that the casino owner will not be profitable. And most of those who are rich and own casino are profitable if they have successful promotion and good license and as we know the house always win so the rich person are going to more richer.

Yes, I also think that casino owners should be rich, as far as some who are somewhat wealthy can do, it is difficult for them to get the business going, some try but can't, that is why many casinos end up becoming scams because they can't and don't have how to back up the losses, and for that reason, there are players who always bet a lot of money and when they win it is a lot of money that must be paid to them, I think that there must be a lot of Support in this regard, it is not easy.
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Re: Gambling is not for Everyone
« Reply #84 on: October 16, 2024, 02:40:25 AM »
The most the casino's owner will be the rich it is natural because if we look at the building cost of a casino site wasn't small it's need a huge money which most of the general people can't afford. Yes, it is possible to build up a casino with little money, but there is no good license and no good promotion, so ultimately it will be seen that the casino owner will not be profitable. And most of those who are rich and own casino are profitable if they have successful promotion and good license and as we know the house always win so the rich person are going to more richer.

Yes, I also think that casino owners should be rich, as far as some who are somewhat wealthy can do, it is difficult for them to get the business going, some try but can't, that is why many casinos end up becoming scams because they can't and don't have how to back up the losses, and for that reason, there are players who always bet a lot of money and when they win it is a lot of money that must be paid to them, I think that there must be a lot of Support in this regard, it is not easy.
There are many casino companies that come into the market with good intentions but when money crunch occurs they cannot survive in the market and at some point they are known as scams. An entrepreneur can easily make a lot of money through gambling company but he needs to back up. Otherwise, there is a possibility of facing adverse situation at any time. Moreover, these organizations have to spend a lot of money on publicity. The more the promotion, the more it spreads, but if for some reason the promotion stops, then the negative effects begin.

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Re: Gambling is not for Everyone
« Reply #85 on: October 16, 2024, 01:31:18 PM »
There are people who have had unpleasant events in their lives, and therefore such people are not good at controlling themselves. And I can assume that if this had not happened, they would be calm and balanced in their decisions. But such people are often found in gambling, and they absolutely do not know how to stop gambling and say to themselves "enough".

Well, my perspective is different. When something bad happens in a person's life, they should learn from it and even behave better. This is because what he has gone through in the past is supposed to serve as a wake-up call for him, as well as help him shape his life better. People who have lost a lot of money through gambling are expected to be even more responsible gamblers as a result of their previous experiences.

Gamblers who have lost a lot of money should learn how to stake a small amount of money, understand that gambling does not make you rich, and understand that you give more than you receive when gambling. These are the things a gambler learns after making a mistake, and in order to avoid making the same mistake again, he learns self-discipline and control in the hard way.

For a newcomer or someone who has not done it before, he can easily fall into the trap of losing more than necessary due to impulse gambling, regardless of advice he may have received online or from people close to him. Most gamblers gain experience before they learn.
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Offline laijsica

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Re: Gambling is not for Everyone
« Reply #86 on: October 16, 2024, 02:06:51 PM »
The most the casino's owner will be the rich it is natural because if we look at the building cost of a casino site wasn't small it's need a huge money which most of the general people can't afford. Yes, it is possible to build up a casino with little money, but there is no good license and no good promotion, so ultimately it will be seen that the casino owner will not be profitable. And most of those who are rich and own casino are profitable if they have successful promotion and good license and as we know the house always win so the rich person are going to more richer.

Yes, I also think that casino owners should be rich, as far as some who are somewhat wealthy can do, it is difficult for them to get the business going, some try but can't, that is why many casinos end up becoming scams because they can't and don't have how to back up the losses, and for that reason, there are players who always bet a lot of money and when they win it is a lot of money that must be paid to them, I think that there must be a lot of Support in this regard, it is not easy.
There are many casino companies that come into the market with good intentions but when money crunch occurs they cannot survive in the market and at some point they are known as scams. An entrepreneur can easily make a lot of money through gambling company but he needs to back up. Otherwise, there is a possibility of facing adverse situation at any time. Moreover, these organizations have to spend a lot of money on publicity. The more the promotion, the more it spreads, but if for some reason the promotion stops, then the negative effects begin.
Casino companies have to pay a huge tax fee to the government which can be a major cause of their losses. In addition, there may be a lack of elements to attract gamblers and many casino companies tend to cheat customers and make excessive profits, thus failing to attract the majority of gamblers to their casinos. If a casino company's name scam spreads in the market then recovery is almost impossible. Entrepreneurs start well in the initial stages but end up losing their business due to cheating customers.
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Re: Gambling is not for Everyone
« Reply #87 on: October 16, 2024, 03:32:27 PM »
Usually casinos will spend a lot of money when they first start a business, because operational costs and so on will definitely be high. While at the same time they also still have to develop their business so that it can be known by people and also build a very good reputation.

Well, in building a reputation, there will usually be more obstacles, because to get it all takes a very long time and they must have capital reserves to be able to get that reputation.
I will agree with you and also say that the casino business is not as easy as we all think it is, it is only for those who have huge wealth. Anyone can create a casino site if they want, but if they don't have the right strategy or the right amount of funds, they won't be able to sustain it for long, eventually it will be seen that they are closing the site.
And if it takes 50000 dollars to build a casino, then at least 30% of the money has to be spent on promotion, that is a huge amount, and by chance, if the promotion strategy is not right, then more investment has to be made here for marketing. And if you want to keep the repetition right, you have to do continuous promotion.
In fact, I think it will be more than 30% of their initial capital that they have to spend for free. This will only be ready to be faced by a few people who, again, certainly have very large reserve capital.

The main challenge is when building a reputation, because at the beginning they have to compete with casinos that already have a good reputation. That is a challenge for new casinos, because they have to compete with many casinos that already have many users. Users will also definitely prefer a casino that already has a reputation compared to a new casino.

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Re: Gambling is not for Everyone
« Reply #88 on: October 16, 2024, 08:43:17 PM »
In fact, I think it will be more than 30% of their initial capital that they have to spend for free. This will only be ready to be faced by a few people who, again, certainly have very large reserve capital.

The main challenge is when building a reputation, because at the beginning they have to compete with casinos that already have a good reputation. That is a challenge for new casinos, because they have to compete with many casinos that already have many users. Users will also definitely prefer a casino that already has a reputation compared to a new casino.
I also mean that and I also want to say that at least 30% should be invest for the promotion from the initial capital. Even then they have to also invest lots of fund for the Licence certificates. After that a good promotion and marketing will make their branding in market place and then they will start the earning from the casino business So thinking it is easy and doing it with small fund can be also a cause of loss in casino business

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Re: Gambling is not for Everyone
« Reply #89 on: October 17, 2024, 12:40:30 PM »
I also mean that and I also want to say that at least 30% should be invest for the promotion from the initial capital. Even then they have to also invest lots of fund for the Licence certificates. After that a good promotion and marketing will make their branding in market place and then they will start the earning from the casino business So thinking it is easy and doing it with small fund can be also a cause of loss in casino business
in all businesses actually it is expected that you will not earn back all your investment capital just yet though it usually differs from business to business because some can just take 6 months while some take a year or two some even four years it does not mean that the business is doing bad per se but it does take time for any business to gain back what they spent and then will they only be able to start seeing proper profits this is why patience is incredibly important for anyone who wants to start a business

 

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