Quote from: LDL on Today at 09:58:41 PM

Quote from: stadus on April 26, 2025, 10:40:33 PM

We read a lot about gamblers who are very aware of the risks of losing, and because of that awareness, they’re already willing to lose even before they start gambling. What happens is, they become more loss-oriented (to stay in control) instead of win-oriented.

So for you guys -- do we still consider them real gamblers?

Or are they just here doing some kind of experiment?

Suppose a real gambler will budget a small part of his monthly income, especially only 1-2% of his monthly income, for gambling. And when he runs out of this budget, he will never refill it, only refill it again at the end of the month, in which case he will not participate in gambling when his budget runs out.

But an uncontrolled greedy gambler will spend almost 15 to 30% of his monthly income on gambling. When the budget is exhausted, he will participate in gambling by taking out loans or borrowing money at high interest rates. In this case, instead of controlling himself, when the budget is exhausted, he will participate in gambling by managing his money in any way.

In my opinion, in both cases those people would be gamblers. Though one under control of their emotions and the other one out of control of their emotions and bankroll. Just because the second one does not know how to manage his finances does not make him less of a gambler when compared to the first one.
Obviously, the situation with the first gambler is rather controlled and desirable when comes to long term stability and not turning one's life into a mess because of addiction.

The classification of a true gambler should have nothing to do with the size of one's pocket or ones accumulated wager, in my opinion, how often ones gambles is more relevant than the amount of money being put at stake within each session.