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Showing 20 of 4,423 results by giammangiato
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Board Gambling discussion
Re: The Dangers of Becoming a Professional Gambler
by
giammangiato
on 24/07/2025, 14:24:40 UTC
The only way I can imagine gambling on a professional level is if you're the one running the casino. Otherwise, I can't imagine a player as a professional or considering it a real job. Games are primarily based on probability and luck; it's mathematically impossible to calculate monthly or annual income. You could win a huge amount, or you could be left penniless.
It's not my idea, perhaps because I've seen gambling as a pastime or a way to gamble with luck.
I don't mean to discredit anyone with this statement, but this is my point of view.
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Board Gambling discussion
Re: Is There No Good Side Of Gambling?
by
giammangiato
on 24/07/2025, 14:18:13 UTC
As with anything, there are positives and negatives. The rule is to be good at taking advantage of it in every situation we encounter.
Assessing the positives of gambling, there are many things it could offer.
- Discipline in managing money and accounts
- Concentration
- It could become a career; if you enjoy it so much, you could become a casino operator or, who knows, maybe even a casino owner (and thus turn it into a job)
- Meeting new people
- In rare cases, a big win could change your life
- Learning from the mistakes of others so you don't make them

The positives are numerous; you just need to change your perspective.
Anything done with a certain balance isn't harmful.
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Board Gambling discussion
Re: How quickly do you forget a loss
by
giammangiato
on 24/07/2025, 13:10:17 UTC
Just today I suffered a loss. I topped up my account with $10 (knowing I'd lose it), so I played one of my favorite slots and after 5 minutes I had doubled my deposit.
What do I do? I put the $20 back into play and in less than 10 minutes I lost it all! I closed the page and continued with my activities as if nothing had happened.
Sure, we're only talking about $10; otherwise, it would have been $100 or more, but the idea is the same: learn to ignore these things, not give them importance.
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Board Gambling discussion
Re: The "Lottery Ticket" Mentality
by
giammangiato
on 24/07/2025, 09:31:33 UTC
As a gambler, have you ever felt this kind of mentality?
The resurrection of mentality in gambling activities in general is often happening, what's more in sports betting where a person is a fan of a favorite team and against a team that can be said to be his superiority at an average level.
This happened yesterday between Arsenal vs. AC Milan, where AC Milan fans or those who want to bet on their mentality between Arsenal vs. AC Milan, Arsenal are featured and AC Milan.
That's where our test is in gambling betting, but the name of the mentality gambling must be opposed to, placing a really bet that has the opportunity to win.

Placing a bet on the possibility of winning in football will only get you low odds and it won't be worth it. In any case, you still run the risk of losing the bet. On the other hand, if you guess correctly, you will have gained little. I prefer to gamble everything on an unlikely odds, which is unlikely to happen. You still have the chance of guessing correctly with a lower percentage of success, but if you win, at least you get a good profit.
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Board Gambling discussion
Re: The "Lottery Ticket" Mentality
by
giammangiato
on 24/07/2025, 08:40:31 UTC
As a gambler, have you ever felt this kind of mentality? That is, let's say in sports betting, wherein you bet on the long shot or a huge underdog but at the back of your mind, you thought that you will not win, but there is still small hope inside of you that this could be a life changing and so you go and bet with your close eyes. And this could be just you are relying on your luck and nothing more and that it could also be bad for us gamblers in the long run. But then again, we love to take risk and so maybe there will be some of us who might be already have this in mind as a kind of "strategy" and they could have won money already. Are you that type of gambler that has kind of mentality? It could be that is obviously flawed in the beginning so there could be gamblers that are now willing, or maybe as I have said, we might have been using it already but we just didn't know.

It's basically my strong point. I often make bets like this, bets as impossible as a lottery ticket.
I rarely win anything, but the few times I've done so, it's been a pleasure, I have to admit.
It's clearly a strategy-less bet. When you do it, imagine you're about to throw away your money. If you manage to win, well, it's just an unexpected pleasure.
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Board Italiano (Italian)
Re: Cosa ne farai dei tuoi bitcoin una volta che diventerai anziano?
by
giammangiato
on 23/07/2025, 14:39:59 UTC

beh questa è la decisione decisamente piu saggia che un padre di famiglia possa fare, ed è bello vedere che c'è gente che ancora si spezza per la famiglia.
In pochi ormai lo fanno ed è molto nobile da parte tua, vivere la vita senza vizi, inoltre, ti nobilita

Non ho la certezza, come del resto nessuno di noi.. ma almeno potrò dire ci ho provato.
Non riesco a stare con le mani in mano e non riesco a piangermi addosso, come tutti ho i miei problemi, mi alzo e li affronto, principalmente per i miei bambini.
Il resto non importa, ci si alza e ci si muove nella direzione che più ci sembra corretta da percorrere.
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Board Gambling discussion
Re: Does the novelty wear off?
by
giammangiato
on 23/07/2025, 13:19:25 UTC
These thoughts are too far-fetched. The other day we were talking about infinite money and gambling. Does the effect wear off now? I'd say there's no such thing as infinite money. The effect wears off as soon as you run out of money, and then you'll have two options: gamble with money that isn't yours, or steal to gamble. Either way, it won't end well.
The etymology of the English word "game" has Germanic origins and refers to a free and recreational activity.
The word itself says it, so you'll always have a reason to gamble because it's a pastime.
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Board Gambling discussion
Re: Underground Gambling
by
giammangiato
on 23/07/2025, 10:14:10 UTC
In that side, there are trusted NGO's where you can partner if you are really aiming to help, like you said they manage to established thier good reputations and long lasting services to keep their partners and let them assist with good deeds that they wanted to provide, though same with what the pot above you there are NGO's which created to hide the true intentions and we can't deny the fact that they can be use as platform to launder money.

Some of those can be related to those who operates underground gambling they can hide and show some charity deeds but the main intention is to keep earning money out from the sight of the authorities.

Trustworthiness can be lost along the way. I don't question the work of some NGOs, but we're all in the same boat, and it's easy to fall into error, accepting shady transactions to the detriment of users.
Where money flows, corruption almost always comes into play. In gambling, where flows are very high, shady individuals find their way in.
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Board Gambling discussion
Re: What is the cost of your mistakes?
by
giammangiato
on 23/07/2025, 08:49:19 UTC
My mistakes have actually only cost me time. I usually play small amounts and rarely withdraw my winnings when I win, but I keep playing. I've even gone overboard and gambled away all my winnings in 15 days. Losing them in just 5 minutes of playing has been a huge disappointment.
For several months, I didn't play anything at all, then gradually I made some small bets, and now I only play when I find the bet interesting or on a slot machine I particularly like.
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Board Gambling discussion
Re: Does the novelty wear off?
by
giammangiato
on 23/07/2025, 08:34:05 UTC
Being rich doesn't mean you're free from addiction; both rich and poor can be addicted. Gambling is structured in such a way that if you can't control yourself, you easily fall prey to gambling addiction.
The effects are the same for everyone; the only difference is a good dose of self-control (which is really difficult).
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Board Italiano (Italian)
Re: Cosa ne farai dei tuoi bitcoin una volta che diventerai anziano?
by
giammangiato
on 22/07/2025, 13:27:55 UTC
Ciao ragazzi, questa notte mi è venuto in mente questo pensiero

Guarda questo pensiero è quello che mi ha tenuto sveglia tante notti, lo stato incapace di badare a me e alle mie esigenze, da anziana, ho giusto dovuto pensare e capire che c'era la necessità di provvedere da sola a me stessa. Per il mio futuro da vecchia.
Guardandomi in giro ho visto solo fregature, solo lupi pronti a mangiarsi tutto. Quindi la scelta è stata obbligata.

Direi una scelta obbligata ma un percorso decente da seguire, dove i lupi non possono arrivare.
Anche io ho deciso di agire in modo intelligente, per il futuro dei miei cari.
Per mia fortuna ho imparato a vivere veramente con poco, non ho vizi e tutto quello che faccio è solo per dare un futuro migliore ai miei figli.
Non abbiamo certezze del futuro, almeno si prova a fare qualcosa di concreto!
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Board Gambling discussion
Re: Which is more regrettable?
by
giammangiato
on 22/07/2025, 13:17:43 UTC
Let's say when gambling, you follow a specific pattern. Let us use lottery for example. You bet on the same specific set of numbers. What would be more regrettable? Betting on the same set of numbers for the rest of your life and not winning or... changing up the set you bet on only for your old set to win?

Basically, would you rather bet on the same thing again and again then regret not exploring more or explore different kinds of bets then miss out on a win?

I'll answer this with a quote from James Russell Lowell: "Only dead people and fools never change their minds."
Stick to a series of numbers or a certain game for the rest of your life is boring. At that point, you play to win and you don't have fun. In the long run, you get bored or make dangerous bets, losing everything you have.
By varying your games and bets little and often, you create more opportunities to win and maybe find the one you enjoy the most.
But that's just my opinion.
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Board Gambling discussion
Re: What kept you safe from doing 'stupid' in gambling
by
giammangiato
on 22/07/2025, 10:23:19 UTC
I have great emotional management, as I've said before, but that doesn't mean I don't do stupid things. I'm not exempt, and the risk of messing up is always around the corner.
Maintaining a status is not easy at all. Maybe I won't make the mistake of overdoing it with bets, but I'll certainly make others.
We're not perfect beings, but if we can understand what we're about to do, perhaps we reduce the risk of making huge mistakes.
When gambling is a moment of relaxation, let's not get carried away by the money or the euphoria, because making mistakes is human, but getting ripped off is stupid.
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Board Gambling discussion
Re: Government banning of casinos are at their own loss.
by
giammangiato
on 22/07/2025, 10:16:08 UTC
Reading the discussions and reflecting on what's been written, I think it's a dog that bites its own back.
The government certainly loses in taxes by imposing a casino ban, but how much money does the government spend on gambling addiction rehabilitation centers?
It seems like a simple argument: I sell gaming services and pay taxes, but considering that we often find ourselves with chronically addicted people to manage, all of this becomes a burden.
Perhaps the states that have decided to impose the ban have a higher percentage of gambling addicts, and the cost of all this is greater than the revenue a casino would bring in?
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Board Gambling discussion
Re: How can you enjoy the game when you are losing?
by
giammangiato
on 22/07/2025, 06:12:19 UTC
Many users claim that they play for fun. At the same time, they do not hide the fact that all the money is lost one way or another, quickly or slowly. If you are losing money, then how can you enjoy it? I could never understand this. I would understand if a person said that now I am losing, but during the game I am learning and developing a strategy and a game system, and also testing this system during the game. In other words, you can play for research purposes and, losing money, enjoy the anticipation of future wins, since you have a promising strategy and a good consistent game system. But people generally do not play for research purposes. People just place bets more or less randomly, lose money and claim that they enjoy it. Is this stupidity or deceit? Maybe such people like the atmosphere of the game? But then why not play free games? But no, gamblers rarely play free games?
Why? The answer is paradoxical - because you can't lose money there, lol! And after that you say that gamblers are reasonable people.

I can assure you that even when I lose, I still have fun. When I bet, play slots, or do anything else related to gambling, for me it's just fun. The thrill I feel is incomparable to the money at stake (in my case, it's always small amounts).
This is my personal experience and can't be compared to others; everyone experiences gambling in their own unique way.
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Board Gambling discussion
Re: How quickly do you forget a loss
by
giammangiato
on 21/07/2025, 14:13:10 UTC
I think it depends a lot on the size of the loss and how much you can afford that loss. Those who risk going all in (risking a lot, in fact) find themselves having a hard time digesting the loss, especially if they've invested a lot of money.
If the bet is small and I lose, I have no problem forgetting it a few seconds after the loss.
In the end, losing a few dollars doesn't change my life, but if I make a huge hole in my family finances gambling and lose, I don't think I'd be able to forget something like that.
PS: I would never go all in, even on a bet I'm sure I'll win. I have responsibilities to other people, and it wouldn't be right to do so.
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Board Gambling discussion
Re: If you had infinite money, would you still gamble?
by
giammangiato
on 21/07/2025, 09:28:07 UTC
not to make money, but if i had infinite money i would gamble just for fun. also this question is one of the answers for Why don't the rich people get addicted easily?

usually, people are gambling because they want 2 things; money and entertainment. if you want only entertainment, you can play the demo version of the game you play when you are gambling or make a fake bet slip just for fun. this sounds absurd, but that's actually what you are going to do if you are gambling with infinite money.

i think i would get bored from all the gambling thing. even if not infinite, but if i had a lot of money i guess i wouldn't care about the analyzing, the process and stuff about it.

End of fun with infinite money. If you play for fun, you can even play with fake betting slips. I think almost all gamblers, even those like me who gamble at impossible odds, do so with the hope of winning something.
If you have infinite money, what does it matter to you whether you win or not?
You wouldn't have that boost of happiness. Maybe over time, you'd even get bored, thinking about using your infinite money on more fun things that give you motivation, right?
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Board Gambling discussion
Re: Trading business vs. gambling business in crypto
by
giammangiato
on 21/07/2025, 08:52:12 UTC
I see trading as a gamble; unlike a casino, it's more complex and definitely less fun.
Trading and I have had a falling out. I just can't enjoy it, it's not fun, and in any case, if I have to risk money to make a profit, I'd much rather do it while having fun.
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Board Gambling discussion
Re: How do you see slots game?
by
giammangiato
on 21/07/2025, 07:54:58 UTC
I recently hit a crazy multiplier x5601 on Sweet Bonanza. Just a small bonus buy and ended up winning $400 after the x1000 bomb dropped and hit. I’ve been enjoying it since then, though I don’t spend a lot of hours playing.

But ever since that win, it kinda feels like I’m slowly giving the money back. Been losing around $10 a day for the past week. I’m still in profit, but honestly, I’m starting to lose the excitement. The game doesn’t feel the same anymore.

The slot machine has paid you, and somehow it has to recoup the amount paid out, so if only a few of you are playing the game, it will obviously gradually recover the exact amount and then pay out a new win.
Mathematically speaking, if you play a slot machine played by many users, the probability of winning increases for all users involved, but someone will still have to lose their money for the slot machine to "recharge" enough to repay you.
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Board Gambling discussion
Re: How is wealth distributed through Gambling
by
giammangiato
on 21/07/2025, 07:51:31 UTC
Money runs gambling. It gets transferred from a point to another. From the poor to the wealthy, from the wealthy to the poor.

Let's first talk about how the poor gives the money to the wealthy.... They allocate a huge part of their money (which isn't a lot in the first place) to gambling thinking that this would be the quick fix to their problems. This is how they give the money to the wealthy in this case the casino owners.

But the money can also go from the wealthy to the poor. If the tax from casinos gets collected by the government and is used effectively, it can help a lot of those in need. The money can be used to improve infrastructure, education, healthcare and etc.

Your point is correct, but the proceeds are taxed as a percentage, so they get back in taxes, but not all of it.
The casino owners will spend their profits, so they enter the market anyway and will still reach those you call poor.
There are many variations, but the poor are the ones who suffer the most in this economic cycle.