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Author Topic: Gambling Makes Rich  (Read 6938 times)

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Re: Gambling Makes Rich
« Reply #135 on: November 14, 2024, 07:30:22 PM »
Having a gambling budget can indeed have an effective and lasting effect on preventing overspending of time and resources on gambling, when we allocate the appropriate time and money to gambling, AND STICK TO THEM, we tend to have some level of control over our gambling life.

But the problem of this approach has always been sticking to the allocated time and resources, many people have tried to use this technique, they've decided that they'll only use a particular percentage of their income for gambling, as well as the amount of time they'd spend there, but when they are met with a realistic situations where they get to stick to their decisions, you find them defaulting. Some may actually stick to it a few times and then along the line they fall off.
We should play gambling with this plan or this specific budget even if it is difficult. No matter how much we say, no matter how many reasons we show, if we do not gamble in this plan, then our gambling experience will never be good. If we have to apply any new gambling technique, we have to do it within this budget and we have to accept this reality. When the budget is finished, it will have to wait for next day or next week.

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Re: Gambling Makes Rich
« Reply #135 on: November 14, 2024, 07:30:22 PM »

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Re: Gambling Makes Rich
« Reply #136 on: November 15, 2024, 12:08:08 AM »
We should play gambling with this plan or this specific budget even if it is difficult. No matter how much we say, no matter how many reasons we show, if we do not gamble in this plan, then our gambling experience will never be good. If we have to apply any new gambling technique, we have to do it within this budget and we have to accept this reality. When the budget is finished, it will have to wait for next day or next week.
Indeed. Life they say is a process and so is gambling, most of the people who have not perfected in this act of self control didn’t just do so in a day, must’ve taken a long time of practice to perfect it. So yeah, creating and sticking to one’s budgets is truly difficult indeed, but not impossible, it’s very much achievable when we keep working on it, no matter how many times we fail, we just gotta keep on going until we achieve it because with that level of self control, we may likely to be experiencing unimaginable and unintended losses during our gambling experiences and this is certain.

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Re: Gambling Makes Rich
« Reply #136 on: November 15, 2024, 12:08:08 AM »

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Re: Gambling Makes Rich
« Reply #137 on: November 15, 2024, 07:50:31 AM »
We should play gambling with this plan or this specific budget even if it is difficult. No matter how much we say, no matter how many reasons we show, if we do not gamble in this plan, then our gambling experience will never be good. If we have to apply any new gambling technique, we have to do it within this budget and we have to accept this reality. When the budget is finished, it will have to wait for next day or next week.
Indeed. Life they say is a process and so is gambling, most of the people who have not perfected in this act of self control didn’t just do so in a day, must’ve taken a long time of practice to perfect it. So yeah, creating and sticking to one’s budgets is truly difficult indeed, but not impossible, it’s very much achievable when we keep working on it, no matter how many times we fail, we just gotta keep on going until we achieve it because with that level of self control, we may likely to be experiencing unimaginable and unintended losses during our gambling experiences and this is certain.

It is not difficult to maintain self-control when gambling for the right reasons. Most people who struggle with self-control do so because they want to get rich through gambling at all means. Even when it is obvious that having self-control through setting and sticking to a budget will benefit them, they would prefer to continue gambling and even lose control as long as they believe they can achieve their goal through continuous gambling.

This may be different for someone who gambles for fun. Because a man does not have fun all the time, it is easy to maintain self-control because a gambler who wants to have fun will set a time frame and budget for the fun and, to a large extent, cannot be pushed to gamble more because he is not hoping to make money or recover any lost funds.
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Re: Gambling Makes Rich
« Reply #138 on: November 15, 2024, 01:25:23 PM »

It is not difficult to maintain self-control when gambling for the right reasons. Most people who struggle with self-control do so because they want to get rich through gambling at all means. Even when it is obvious that having self-control through setting and sticking to a budget will benefit them, they would prefer to continue gambling and even lose control as long as they believe they can achieve their goal through continuous gambling.
I believe one of the reasons why most gamblers are headbent on achieving such an unrealistic goal in gambling is because they see these news on social media platforms about people who continued and have been gambling for years before finally hitting a jackpot or an unimaginable win in gambling. And this serves as some sort of motivation to them to keep gambling and hopefully they’ll an also hit a big win like that as long as they’re consistent.

While this is half truth, it is not always the case, there are people that it actually works for and there are those that end up losing their whole life to gambling, while chasing a big win.

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Re: Gambling Makes Rich
« Reply #139 on: November 15, 2024, 01:36:56 PM »
Half truth if the best what we can say about "gambling makes rich". On the neighbor forum there is a topic "gambling is a short path to poverty" and people discuss there how easy it is to get poor if you recklessly gamble. Here we have examples how people did not get rich, but won significant amounts, as well as advices and inspirational stories of large wins and how to get them.
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Re: Gambling Makes Rich
« Reply #140 on: November 15, 2024, 04:37:28 PM »

It's all in our own hands, although in the end some people have lost control, but it's their own fault that at the beginning they couldn't control it well.
That's very true. Forget about the fact that many social media influencers are often portraying and transmitting a very flawed approach towards approaching gambling, and this may likely fuel addiction amongst gamblers, especially the newbies in the space. But the fact remains that only those who chose to get addicted would do so, because in the long run we are the ones to decide what exactly to do with the information we receive from anywhere or anyone about gambling.

Many received this same information and still they refuse to get addicted and many got addicted, so it's mostly about our individual perspective, so anyone who's addicted today, directly or indirectly is responsible for their addiction.
As a comparison, we can see that currently there are people who are addicted and there are people who are not addicted. If we equate them, then everyone should be addicted, right? But that's not how it works, because it all comes back to each of us.

We have to know ourselves well, because I see that currently not everyone knows themselves well. A simple example is self-control, and we all know that.

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Re: Gambling Makes Rich
« Reply #141 on: November 16, 2024, 05:47:42 AM »
As a comparison, we can see that currently there are people who are addicted and there are people who are not addicted. If we equate them, then everyone should be addicted, right? But that's not how it works, because it all comes back to each of us.

We have to know ourselves well, because I see that currently not everyone knows themselves well. A simple example is self-control, and we all know that.
Damn right not everyone is addicted. Some People believe that the worst thing that can happen to a gambler is losing in gambling, while in fact the worst thing is actually getting addicted. I’ve come to understand that majority of the gamblers in our society today have already become addicted and thereby feeling the negative impacts of gambling and this makes the society generate that negative energy and feeling about Bitcoin. Self control is the most difficult attribute a gambler can master in his gambling career, because all the time, everything around you wants to make you gamble like a crazy person, winning streak and even losses.

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Re: Gambling Makes Rich
« Reply #141 on: November 16, 2024, 05:47:42 AM »


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Re: Gambling Makes Rich
« Reply #142 on: November 16, 2024, 10:55:45 AM »
Damn right not everyone is addicted. Some People believe that the worst thing that can happen to a gambler is losing in gambling, while in fact the worst thing is actually getting addicted. I’ve come to understand that majority of the gamblers in our society today have already become addicted and thereby feeling the negative impacts of gambling and this makes the society generate that negative energy and feeling about Bitcoin. Self control is the most difficult attribute a gambler can master in his gambling career, because all the time, everything around you wants to make you gamble like a crazy person, winning streak and even losses.

I am not trying to justify why it is so common to see addicted gamblers, but I believe that the hardship imposed on people is the reason why people scrabble to survive at all means, and gambling recklessly is one of such means gamblers have resorted to in order to be able to cope with the hardship, but unfortunately, this has become a nightmare for most gamblers in that gambling has compounded the hardship and made the situations so worse due to the fact that items of value have been sold with the hope that it can be replaced after winning. Gamblers have gone into heavy debts which affects their peaceful living. All I will say is that any person thinking to survive through gambling will create more injury to himself because gambling doesn't aid survival.
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Re: Gambling Makes Rich
« Reply #143 on: November 16, 2024, 02:26:27 PM »
As a comparison, we can see that currently there are people who are addicted and there are people who are not addicted. If we equate them, then everyone should be addicted, right? But that's not how it works, because it all comes back to each of us.

We have to know ourselves well, because I see that currently not everyone knows themselves well. A simple example is self-control, and we all know that.
Damn right not everyone is addicted. Some People believe that the worst thing that can happen to a gambler is losing in gambling, while in fact the worst thing is actually getting addicted. I’ve come to understand that majority of the gamblers in our society today have already become addicted and thereby feeling the negative impacts of gambling and this makes the society generate that negative energy and feeling about Bitcoin. Self control is the most difficult attribute a gambler can master in his gambling career, because all the time, everything around you wants to make you gamble like a crazy person, winning streak and even losses.
We have to control ourselves, it looks simple because it is related to ourselves, but in fact it is a complicated thing because we have to fight ourselves.

Many people say that our biggest enemy is ourselves and that is true. Many people end up failing because of themselves. If we look further, this does not only happen in the space we are talking about, but in almost all aspects of life.

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Re: Gambling Makes Rich
« Reply #144 on: November 16, 2024, 03:20:50 PM »
Half truth if the best what we can say about "gambling makes rich". On the neighbor forum there is a topic "gambling is a short path to poverty" and people discuss there how easy it is to get poor if you recklessly gamble. Here we have examples how people did not get rich, but won significant amounts, as well as advices and inspirational stories of large wins and how to get them.

Getting rich by gambling is a big risk. If anyone thinks like this, it would be foolish to think that gambling will make you a lot of money in a short period of time. Earning money by gambling is not an easy task. We know that gambling requires luck.  If one has bad luck then he can never win in gambling. So I think it is possible to change the luck in a short period of time by gambling if luck is good. If somehow luck is bad gambling will lose all money and become destitute so I  It seems we need to think about earning money honestly rather than wasting time on excessive gambling.

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Re: Gambling Makes Rich
« Reply #145 on: November 16, 2024, 04:30:22 PM »
We have to control ourselves, it looks simple because it is related to ourselves, but in fact it is a complicated thing because we have to fight ourselves.

Many people say that our biggest enemy is ourselves and that is true. Many people end up failing because of themselves. If we look further, this does not only happen in the space we are talking about, but in almost all aspects of life.
They say humans are social animals. And animals need to be tamed sometimes and so does humans. Sometimes we wanna just do certain crazy stuffs that would harm us and even when we are told, we'd still feel adamant and still have the urge to do it, but it requires those who have mastered the act of self control to be able to escape such situations, but one thing is for sure, some people easily give in to their own desires and wants without even at least attempting to fight it.

Self control is indeed very important for us, not just in gambling but other areas of our life, because if we do not have self control, we'll end up making slxertain decisions without even thinking, even when we know our actions would result to future consequences, we'd still do them after all simply because we have the urge to do so.

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Re: Gambling Makes Rich
« Reply #146 on: November 16, 2024, 04:57:30 PM »
Half truth if the best what we can say about "gambling makes rich". On the neighbor forum there is a topic "gambling is a short path to poverty" and people discuss there how easy it is to get poor if you recklessly gamble. Here we have examples how people did not get rich, but won significant amounts, as well as advices and inspirational stories of large wins and how to get them.

Getting rich by gambling is a big risk. If anyone thinks like this, it would be foolish to think that gambling will make you a lot of money in a short period of time. Earning money by gambling is not an easy task. We know that gambling requires luck.  If one has bad luck then he can never win in gambling. So I think it is possible to change the luck in a short period of time by gambling if luck is good. If somehow luck is bad gambling will lose all money and become destitute so I  It seems we need to think about earning money honestly rather than wasting time on excessive gambling.
Trying to make a quick buck gambling is surely not a wise one and more often than not it will yield a let down. That is why one cannot count on gambling as a source of income: they are fully unpredictable and do not depend on personal efforts and skills. It is linked with severity of financial consequences, but such spending time and money in gambling can lead to equivalent of poverty. Instead of waiting for fate to decide we are better off channelling our effort and capital and look for ways to work honestly and thereby enhance our well-being.

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Re: Gambling Makes Rich
« Reply #147 on: November 16, 2024, 05:12:13 PM »
Getting rich by gambling is a big risk. If anyone thinks like this, it would be foolish to think that gambling will make you a lot of money in a short period of time. Earning money by gambling is not an easy task. We know that gambling requires luck.  If one has bad luck then he can never win in gambling. So I think it is possible to change the luck in a short period of time by gambling if luck is good. If somehow luck is bad gambling will lose all money and become destitute so I  It seems we need to think about earning money honestly rather than wasting time on excessive gambling.

Gambling to get rich is not even a good idea. I always advise gamblers who want to become wealthy through gambling to look at gamblers in general and see how many of them became wealthy through gambling. It may surprise you to learn that only 2% of gamblers have been so fortunate.

It takes luck to become rich through gambling, but staying rich requires discipline. This means that being lucky is one thing, but maintaining it is another. It is important to note that in any situation involving luck, winning is not guaranteed and thus is not reliable.
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Re: Gambling Makes Rich
« Reply #148 on: November 16, 2024, 06:09:21 PM »
We should play gambling with this plan or this specific budget even if it is difficult. No matter how much we say, no matter how many reasons we show, if we do not gamble in this plan, then our gambling experience will never be good. If we have to apply any new gambling technique, we have to do it within this budget and we have to accept this reality. When the budget is finished, it will have to wait for next day or next week.
Indeed. Life they say is a process and so is gambling, most of the people who have not perfected in this act of self control didn’t just do so in a day, must’ve taken a long time of practice to perfect it. So yeah, creating and sticking to one’s budgets is truly difficult indeed, but not impossible, it’s very much achievable when we keep working on it, no matter how many times we fail, we just gotta keep on going until we achieve it because with that level of self control, we may likely to be experiencing unimaginable and unintended losses during our gambling experiences and this is certain.
Setting time limit for your gambling activities is a good self control practice because it enables you to stop gambling at the right time to reduce your losses. Also using a particular amount to bet whenever you want to gamble will help you not misuse your bankroll and only gamble when you are in your leisure time for fun not for profit.

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Re: Gambling Makes Rich
« Reply #149 on: November 16, 2024, 07:30:53 PM »
Setting time limit for your gambling activities is a good self control practice because it enables you to stop gambling at the right time to reduce your losses. Also using a particular amount to bet whenever you want to gamble will help you not misuse your bankroll and only gamble when you are in your leisure time for fun not for profit.

Instead I would focus more on limiting deposit than session time. What a person might do, if he has said himself that he will gamble only 1 hour right now, and that hour is about to end. He might try to go all-in. Or of he leaves some balance and stops his gambling session, that money left will be on him mind and distract him from other activities. I would suggest to set a limit, for example $20-40 per week when person earn $1000. Gamble as long as possible and try to stretch that balance. But it must be done wise. Gambling with 1 cent isnt serious. That wont really help someone to get rich, but gambling is not about getting rich, but about enjoying the moment.
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