Post
Topic
Board Gambling discussion
Re: The danger is the addiction, not the odds
by
avikz
on 01/01/2019, 15:22:55 UTC
Hi folks,

Yes, as the title says, I see a lot of negativity here with many people complaining. But the issue is not about the odds. You can win even when the odds are not in your favor.

I will explain: many random people everywhere in the world, managed on a random day to win at the national lottery, several millions $. Yet, the odds were not in their favor at all! National lotteries actually impose a much bigger margin (protection) to make sure they win more than they lose.

The point is: you can win big on a given day, if you get lucky. And yes luck strikes everywhere once in a while.

The main issue I see in those threads here is people totally addicted, investing a lot of money, chasing their losses, increasing their stakes after a loss.

The danger is the addiction, not the odds.

My opinion anyway.

Addiction is a state of mind, especially in gambling! The addiction strikes when a person thinks that gambling is a way to earn living. That's totally wrong because gambling is not a method of making money, it is only a way of entertainment. Those who take gambling as the way it is, they usually don't become addicted. The problem starts when someone takes it as a method of making money and recover their early losses.

So for me, the danger is when gambling is portrayed wrongly as a method of making money instead of an way of entertainment! Odds depend on the personal risk taking capability.