Post
Topic
Board Gambling discussion
Re: Easy or hard to quit?
by
Fredomago
on 19/08/2023, 16:05:58 UTC
I once made a lot of money from trading crypto, not from gambling, although I feel like they're pretty similar. I understand that feeling back then, being overly greedy and thinking everything was a piece of cake because of my previous success. The outcome was that I ended up losing most of my earnings. Now, I'm working on dealing with both big losses and wins. I'm taking breaks to help me regain my perspective.
But making money through trading is technically possible, while gambling is technically impossible due to house edge. You can make a lot money, but you must the casino owner, team or the promoter, not become the gambler.

Even there are few times you won in gambling, it's not enough to cover all of your previous losses, which mean in the end you're losing.

Even in trading you are betting against the future and predicting the future we know it is impossible otherwise we would have seen a lot of millionaires through trading.I know that in trading you have some technical and fundamental analyses that helps you decide on your prediction but have we not the same in gambling as there are sites who analyze each team before placing a bet,so overall for me as I have said many times before,trading is the same as gambling in the sense that you cannot predict the future.

Yup, and that's the advantage of those who knows and understand how both trading and gambling works, those experienced players who can adopt to any changes and can manage how to adjust when it's needed not saying that they've got a guaranteed winning strategy but most of the time they can have more winning picks or position compared with those losing attempts, as they understand how to calmly wait and project what would be the potential of each game or each trades that they will place their money,

having that small edge by doing your good research will always give you decent advantage, as you can control both your finances and emotions while you are in sessions and trying to find some luck.