gambling addiction

5 Reasons Why You Shouldn’t Gamble

5 Reasons Why You Shouldn’t GambleEven after some 30+ years of gambling – I’m still learning. Which should tell any novice or would be professional gambler something. It’s far from easy to beat the bookies and impossible (without cheating) to take the casinos for a ride.

True, you can get lucky. I didn’t say you needed skill to make a fortune gambling but if you don’t have knowledge then you had best pray you are that one in a million who strikes it lucky. It happens every day of the year to someone. As the adverts says: ‘’It could be you!’’

Reality says it won’t.

Gambling in films is both glamourised and vilified. James Bond will always win whichever number he chooses. Lady luck won’t just touch his cards!

But should a novice gambler really pin their hopes on making some easy money?

Here are five reasons why you are best keeping your money in your pocket.

1) What Makes A Winner?

You may be thinking if only I had enough money I could make my gambling pay. The idea being that you can bet £10,000 to win £1,000 on every 1/10f and you are guaranteed to win money. It’s like taking candy from a baby. Isn’t it? Sadly, its not that easy at all. In fact, being a successful gambler takes so much time and dedication you may be better off simply getting an average job. Because what makes a professional gambler isn’t really to do with money (you need it to bet that’s for sure) but knowledge is key. And if you think money is hard to come by, then winning knowledge is an even rarer commodity. It will take you years to know that little more than most and there still is no guarantee you will be living the Bond lifestyle.

2) Can You Even Get An Account?

Bookmakers, casinos, and umpteen establishments which encourage you to bet will tell you a different story if they think – let alone show them – you are a winner rather than a loser. They will close your account without any reason. So not only do you need to win money but look like you are a loser (it’s possible but you should know this for yourself). You simply cannot bet and win without someone taking an interest. And trust me, they won’t be wanting to help you win more money.

3) Gambling Is A Full-time Job

You won’t be working the normal 9-5. When all your mates are down the pub on a Saturday evening you will be getting ready for a day if not weekend of bets. You may think all these things can be done earlier and you simply can do as you please without any hindrance to your life or plans. If you believe that, you are living in cloud cuckoo land. Gambling will take over your life. You will feel like you are on a conveyor belt. Keep up or fall behind. Fall behind and you may as well give up. There will always be someone to take advantage of any mistake. You have to be professional at all times.

4) Can You Cope With The Stress?

Gambling is so very easy when everything is going well and the money is flooding in. It’s a joyous time where you live the life of luxury, the jet-set lifestyle, everything is possible and then it all goes wrong. It might not, but you will be wise to consider how do you cope when that losing run goes on and on and you fear it will never end? Your ample supply of money is dwindling and you start to question what you are thinking or doing. You are looking for answers to questions. And that is even more of a worry than the predicament you are already in. Because you will often swap one problem with another until you have no confidence left to bet with skill. Betting and winning is all about confidence. But how do you find that when it slips away? The stress is something few non gamblers will ever experience. It’s far from a day at the races.

5) Is The Gamble Worthwhile?

For 99.9% the dream of being a professional gambler is in truth a nightmare waiting to happen. The time and experience you need to be of a winning standard isn’t something you will acquire easily. It will take you years to get halfway there. Even then there is no guarantee. Knowledge and wisdom change over time. There will be a need to adapt to maintain that level of ability. But with every change you bring uncertainty. You will move one step forward and two back. With every season you will face pressures and stress that most people aren’t capable of succeeding. Gambling is a journey where you only see those important questions all too late. Questions you hadn’t even considered will appear before you. They all need answers. For all but a few, gambling isn’t a worthwhile pursuit. You are more likely to lose money than win unless you are the exception to the rule.

You will need to be disciplined and fanatical with a mindset as hard as steel.

Photo: Pixabay (free)

5 Reasons To Think Before You Bet At The Casino

5 Reasons To Think Before You Bet At The CasinoI’ve notice something interesting about people who gamble. Even those who in everyday life are intelligent and sapient . For some reason, when their mind turns to gambling, all sense evaporated from their being. It’s as though logic and reasoning turned left at the last exit. They drove past a man dressed in a clown outfit with a parrot on one arm and didn’t notice anything strange although he was holding a sign saying: ‘Don’t bet at the casino.’

They just carried on as if Homer Simpson.

This is a terrible news.

It’s a guarantee they will lose money and probably create a bad habit which lasts a lifetime.

A life of losing money.

If you bet for fun, the buzz, think gambling is a way to easy money then these 5 pointers will, hopefully, bring you back to consciousness.

1) Betting For Fun

I don’t like people who say they bet for fun when compared to a knowledgable gambler who has invested time, energy and money to learn a skill. Clearly, beyond card counting or cheating, there is no skill to win at the casino because they aren’t – with the exception of poker – based on talent. They are betting fixed odds. The house edge tells you the story. Long term, you are guaranteed to lose. For most people betting is about fun. But you should always be careful when gambling because it can build bad habits which can be very costly over a short or long time of betting. Bet what you can afford to lose is a fair measure but even that is working from a negative. If you lose a few grand a year then I suggest you stop and you spend your money on other pursuits. You will find more enjoyment.

2) Betting For The Buzz

Another term which you often hear bandied around. The buzz, I imagine, being a release of neurotransmitters within the grey matter such a dopamine and that feel good factor which comes with thoughts of winning easy cash. Clearly, all gamblers must be a victim of the buzz which is that feeling which excites. But what I would say is don’t let it be the only reason to gamble. This can be addictive and you simply look to feed the need. Once again, if you are losing money hand over fist, you need to stop and think about what you are doing. Very few people stop to assess their day, month or life and this is a valuable tool you need to bring things to consciousness and act appropriately. I hate to say it, but if I hear someone say they bet for the buzz I conclude their isn’t any skill involved and not much thinking either. It’s a recipe for disaster.

3) Betting Without Learning

It might not have registered with you but you have the capacity to learn lessons from your gambling. Not just about the bet at that moment but appreciation of the world at large. I doubt this happens to many gamblers because they simply haven’t even thought about their actions or reason for betting in the first place. Individuals are betting without understanding or learning. I’ve seen people betting a whole lifetime and they haven’t actually learned one thing over the years. It’s akin to some going to university for 25-years and not learning anything let alone a degree. This kind of gambling is senseless and stupid. Most of these people don’t even register their limitation. They should by the money they lose. I remember my good friend asking someone: ‘How you make your selection within horse racing?’ He said: ‘Like everyone else.’ Most people bet without thinking or learning. It’s a problem.

4) Betting Is A fools Game

This is the anti gambler mentality. They reason it’s impossible to beat the bookies. It’s impossible to beat the casino. It’s impossible to beat the system. You know why it’s impossible? Because they believe it to be the case. How is it, that people have literally made billions from each and everyone of these impossibilities! In truth, any gamble is the same. If you had a mathematical equation for a stockbroker to a punter on the horses, to business deal, it’s all very much the same thing. But somehow people imagine there is a difference. Those who do not gambler or consider what they could learn from gambling are actually cheating themselves of valuable knowledge which could positively impact on their life. If someone is anti gambling they truly lack objectivity because they are missing the bigger picture. You don’t have to gamble to appreciate and understanding what can be learned. That’s another fallacy of those who lack intelligence.

5) Betting Small Money

For many gamblers they have to push the limits to get the buzz. There is no sense or reason to that understanding. It is brainless. If that’s how you bet then stop. You have no responsibility. You shouldn’t bet. I wouldn’t suggest to anyone that gambling for fun is a good idea. I think it has the potential to build bad habits and they can be detrimental to your mind and finances. Build on the positives of life not the negatives. If you have to bet for fun then bet small money. Bet what you can afford to lose but don’t take those losses lightly. They are important for lots of reasons and in truth are trying to help you find answers to questions. Each loss is indicating you did something wrong. Each win is telling you you did something right. This is only related to skill-based gambling, fixed odds you should be learning how to cheat (because that is the only way you will win long term). It is a mistake if you bet without appreciating the action and reasoning behind the act. Don’t bet without thought. It’s mindless and detrimental.

Photo: Pixabay (free)