Whats the main reason most gamblers become bankrupt after gamble for around 10 years?

[jymifalcon]

A lot of it comes down to mindset and discipline. Some folks treat gambling like a get-rich plan instead of just a bit of fun. I’ve played casino games online at https://rizzy.com/ now and then, and what helped me keep it positive was setting small limits and sticking to them. It stays fun that way—no pressure, no stress. I think the real problem starts when people lose that balance and start chasing wins like it’s a job.

 

[jurongkechil]

Most people keep chasing losses thinking the next big win will cover everything, but slowly they dig deeper holes without realizing how fast interest and borrowing spiral out of control.

Wow...

 

[Charlie99]

Danny Ocean’s famous quote

Because the house always wins.Play long enough, you never change the stakes, the house takes you.

I agree.
I have not heard of any casino going bankrupt.
On average, the casinos are not afraid of gamblers winning huge amount of money, as long as the gamblers return. After several visits, I believe that most gamblers lose.

 

[jurongkechil]

I agree.
I have not heard of any casino going bankrupt.
On average, the casinos are not afraid of gamblers winning huge amount of money, as long as the gamblers return. After several visits, I believe that most gamblers lose.

Surely there is one person out of a few thousand,that can win regularly?

 

[shittypore]

https://www.bloomberg.com/news/features/2018-05-03/the-gambler-who-cracked-the-horse-racing-code

 

[jurongkechil]

Gambling is rely on luck or can use skill?

 

[sbfuncle]

Gambling is rely on luck or can use skill?

For short term casual once a blue moon gambling, you can use luck.

For long term sustainability gambling, skill is definitely leequired. Or else you will go broke in times to come.

 

[zeebjii]

I agree.
I have not heard of any casino going bankrupt.
On average, the casinos are not afraid of gamblers winning huge amount of money, as long as the gamblers return. After several visits, I believe that most gamblers lose.

New:

Australian casino giant Star on brink of collapse as cash runs out​

https://www.straitstimes.com/busine...nt-star-on-brink-of-collapse-as-cash-runs-out

Old:
Donald Trump, at least 2 times....

In July 1991, Trump’s Taj Mahal filed for bankruptcy. He could not keep up with debts on two other Atlantic City casinos, and those two properties declared bankruptcy in 1992. A fourth property, the Plaza Hotel in New York, declared bankruptcy in 1992 after amassing debt.


PolitiFact uncovered two more bankruptcies filed after 1992, totaling six. Trump Hotels and Casinos Resorts filed for bankruptcy again in 2004, after accruing about $1.8 billion in debt.

 

[sbfuncle]

Surely there is one person out of a few thousand,that can win regularly?

I saw this guy with a hair like a hat by the name Jeremy in Tik tok.
He can count cards, deal cards as and how he like it to be.
It's no longer considered magic trick but rather a extraordinary skill.

Casino will ban people like him.
But in this world there aren't many.

 

[jurongkechil]

For short term casual once a blue moon gambling, you can use luck.

For long term sustainability gambling, skill is definitely leequired. Or else you will go broke in times to come.

But gamble how to have skill?

 

[sbfuncle]

But gamble how to have skill?

That's why there are not many in this world.
It leequire leecades and leecades of trainings for people with a flair of it.

 

[k1976]

Never upskill then get fired

U gamble everyday when u cross the road with eyes on handphones

 

[k1976]

Real life demo
Skillfaillure got teach or notch?

 

[k1976]

江湖传闻Legendary Lao Hero 黑马过林

 

[jurongkechil]

That's why there are not many in this world.
It leequire leecades and leecades of trainings for people with a flair of it.

What..

 

[rocket]

That's why there are not many in this world.
It leequire leecades and leecades of trainings for people with a flair of it.

Gambling require skill. Such as sport and horse require some analysis skills.

 

[jurongkechil]

Gambling require skill. Such as sport and horse require some analysis skills.

How about blackjack,texas holdem and jackpot slots?

 

[jurongkechil]

Bo puak buay wak...

 

[Boonsiong]

Another excellent news

 

[jurongkechil]

I saw this guy with a hair like a hat by the name Jeremy in Tik tok.
He can count cards, deal cards as and how he like it to be.
It's no longer considered magic trick but rather a extraordinary skill.

Casino will ban people like him.
But in this world there aren't many.

What..