Different gambling activities have different chances attached to them and when I mean chances I am referring to the probability you have for actually win the bet or hit the jackpot in games like crash and slots. This is basically because sometimes unrealistic bets can sometimes play out as a win and some other times bets that have a high winning chance can eventually become the losing bet.

I believe people who gamble on sports may understand this better since sometimes in sports betting some gambler's prefer to go for the smaller odds that usually have a higher winning chance and sometimes they can still end up a losing game however some prefer to go for the big game with big odds and smaller winning chances.

What's usually your pick as a gambler since sometimes some persons are luckier than others?

Every loss in gambling should be seen as a way for gamblers to gain experience so that they do not repeat the same mistake in the future. You may not follow the same process that you followed when you lost the next time or you may engage in gambling in a slightly different way. The wounds of losing and losing money in gambling take a long time to heal if you do not get another win. So I keep playing again to forget that moment of loss and feel peace in the wound after I win.

I assume that people come to the gambling industry as inexperienced people. And in the process of their activities, they gradually learn from their mistakes. Unfortunately, some of these mistakes are dramatic and cause us quite serious psychological trauma. As a rule, this is due to gross errors and stupid persistent beliefs that push us to the edge of the financial abyss.

First of all, this is risk management and money management. The second is probably unsystematic play. Let me make a reservation that I do not mean casinos, as well as people playing "for fun". I mean sports betting.
So, how much did your mistakes cost? Did they cause you a serious psychological blow? What were your mistakes, did you learn from these mistakes and do you apply this knowledge in practice now? Were these mistakes simply painful, dramatic or catastrophic?

If you are extremely rich and you can just gamble up to your heart's content, does the novelty of winning wear off? Like would you get tired of gambling since there's really not much risks because you can gamble with any amount and still receive little to no consequences?

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?

This is great advice for not only casinos, but life. Too many people blame others for influencing their actions instead of blaming themselves for blindly following people without thinking. You don’t have to gamble. I would say a majority of the times I’ve been in a casino I didn’t gamble. It isn’t hard.

Finally a race week!    One of my favourite tracks, Spa is up next. The race here last season went pretty interesting. Hamilton wasn't even in top 3 after qualifying but made it to the win anyway.

Do you think he'll get that lucky this time? Honestly I don't expect such result. Another McLaren win awaits us in the circumstances. As for which driver, I'm favouring Norris for now because of his impressive form lately.

This question is for those gamblers that were once addicted to gambling and was able to come out from addiction.

How did you go about it?

Was someone there to help you out or you took the bold step all alone?

How long did your addiction last?


What's your best advice to gamblers fighting with addiction?

i saw a post here once asking about whether banning gambling will actually solve some problems. well even with gambling deemed illegal, it has not completely disappeared from a country. for example, in north korea gambling is illegal for its citizens.

but there are still gambling events that take place most often organized by some authorities or really rich and powerful people. i guess that making gambling illegal is just a way to make it less accessible to the general public but the rich always finds a way.

there was even a case where north koreans are targeting foreigners and selling them their own made gambling platforms. North Korean IT workers created and sold thousands of illegal gambling websites to South Korean criminals to raise billions of dollars

keep in mind that gambling is also illegal in south korea. so my point is, everyone eventually finds a way.

Today I was browsing websites of old, inactive cryptocurrencies and noticed that some of the domains are now taken over by online casinos. Honestly, wherever you look in the crypto world, you stumble upon gambling businesses. It really feels like this is the most profitable niche right now.

I came to finance through forex brokers, and I still remember people telling me: “Forex is like a casino - except in a casino, at least you can win.”

To me, running a financial market always seemed more profitable than running a casino.
But in crypto, is it the other way around? Are casinos making more money than trading platforms?

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.

No they are not, but I always remember and connect legendary drivers with F1 teams.
For example  I always think of Michael Schumacher as Ferrari driver in red suit, but in the early F1 days he was in Benetton team, and in later days he was in Mercedes GP Petronas team.

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.

I have seen one interview of a former gambler and what he is saying caught my attention. He says that "when you're winning you can't sleep". I'm not sure if others have experience it or if this make sense. In any case though, one explanation is that we are really in a heightened alert, meaning it's like gambling is like a drugs that keeps up alive and awake and then the human emotions of greed takes in as we want to win for. But the problem is that after that, and in worse case if our luck turns bad, then this drug will like shoot to 100->0 in a instant. Or like when we are about to go to bed and suddenly that inch comes along and let's say that we go on sports bet, but the game will start in the next couple of hours, then we might have difficulty in sleeping and as if we take like 4 cups of coffee or a energy drink because we will for sure can't wait to see that game and hope that our stakes is going to win.

By the way the new race week is finally upon us. 3 weeks is a really big time period for a break. I have more bad news. After having 2 races in 2 weeks there is going to be another break. This time it is going to be 4 weeks.

Let's just enjoy the Belgian and Hungarian GP until then. By the way there is a fresh rumour like Cadillac is going to announce Sergio Perez as one of their drivers after the Hungarian GP. The other one is still ambiguous.

I visited the physical casinos to do some comparison since most people often says that physical casinos are transparent while for me I think the online are more trustworthy than physical casinos if not for kyc and withdrawal issues. The images below showed a casino game I tried to gamble on..



Well, I have never played a 40 lucky lines game before but as I asked the agent who is in charge for assistance and i funded and started playing the game, though I feels the real fun there playing the game as I was interacting with people unlike the online casino, though I didn't see how the physical casino is more transparent than online because I actually funded with 500# and I bet with 40# and then turn it into automatic rollover, though I was having the fun while the games was rolling to my surprise I just noticed that my account was drained and there was no much winning, though I won two but lesser than wagered amount decided to continue if I could boost it.

And yes, since it's my first time visiting there, I was happy seeing people gamble over there and having good time with the music playing on the casino hall, and this only makes it interesting.

About transparency as people much preached about physical casinos I didn't see any difference, in fact I wasn't that even sure that physical casinos aren't rigged or adjusted to favor the casino owners and the operators.

What is your thoughts.. do you think both are the same or physical casinos are more transparent than the online casinos? Let discussion wisely.

This is normal reaction if you don’t gamble what you can afford since every lose will counts and will turn into giant disappointment once player sum all their losses.

But if you play responsibly, even if you keep losing you will not view gambling all negatively because you knew winning days will come soon since gambling is just almost balance between losing and winning if we will just have fun.