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I have to disagree with you guys! I don't think it's the lack of awareness about the risks of gambling or how casinos work which make people continue gambling although they lose too much. Am sure most if not all gamblers are aware that they will lose on the long run and know of many cases where gambling ruined people's life's.
In my opinion, it's greed which make every gambler think he will be the exception and hit the jackpot although he knows the odds are against him.
right answer.
greed is one of the destroyers of gamblers that is always in the hearts of gamblers. every time surely everyone has felt when you get a $100 win hoping it will be $1000 and still want $10,000 and so on. things like that will always appear in the minds of all gamblers whenever they can't control their emotions.
actually in gambling there is no need to be greedy by expecting big wins if small wins are better.
well even though it is very difficult to control emotions and make greedy but there are several ways to avoid it all.
and we as gamblers must always remember before becoming more greedy that we can't beat the bookies
Greed is everywhere when money is involved, gamblers aren't the only ones that greed consumes, even a random stock investor can decide not to take profit when stocks are pumping hard until things aren't going their way anymore, I was like this too until I finally understand how everything works, now I've stopped hesitating when it comes to taking profits.
Greed is not good, I know of many people who have been to casinos and annoyed a lot, but suddenly they get the greed to win more, no matter how much the other players tell them not to play anymore, these people continue playing and their winnings turn them into losses, and I think that is worthy of a very foolish person, after having a lot of money in their pockets having to leave the casino with nothing, not even a 1usd is something that is not worth it, greed is something difficult to manage, but in my case I feel that I do not have that greed, I take great care of each USD, sometimes I try my luck in some casinos, but only that, it did not happen to me, because I can lose everything.