I’ve often seen people win phenomenal sums through gambling, yet I’ve noticed that their behavior never changes, as if they play not just for the money but also to satisfy their gambling addiction I don’t say this to offend anyone, but I also hope there are examples of people who have changed their lifestyle after winning and turned to investment
As a gesture of good faith, I would appreciate it if you could share your experience and provide a valuable perspective on managing emotions!!!
There are two explanations for this. First, most gamblers are more or less susceptible to gambling addiction, even in a mild form. Therefore, such gamblers will never stop playing. The second explanation is about those people who could stop gambling and switch, for example, to investing, as you write.
You mentioned that people win phenomenal amounts. This means that these amounts are not phenomenal enough for a person to stop gambling forever and switch to other activities. There is a logical explanation for this, which is that to win a phenomenal amount in a casino or in betting, you need to make phenomenal bets. The only way to win a huge amount of money without huge expenses is to buy a lottery. There is a chance of not only a big win, but also a jackpot.
The thing is that many do not want to do investing because someone considers it difficult, but the main reason for players who prefer gambling and casinos is because there players get a quick result on their balance, be it plus or minus. A player can go in and make a successful bet and be happy that he earned in just 1 minute. Today's life is fast paced, and many want to have everything here and now. It seems to me that the saying on the stock market is very appropriate here: money flows from the greedy to the patient. So, most players in casinos and bets are not patient, perhaps these are genes, personality and behavior psychotype, an urgent need for money here and now and many other reasons.