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Why Gambling Is a Lose Lose Situation Even If You Win If there’s any activity that runs counter to everything self improvement stands for, gambling has got to be one of them. There’s way too much rooted into gambling that can really blow up in your face. So, if you were to consider when is the best time to play slot machines at a casino based on this fact only, the answer is simple - any time your heart desires. What may be confusing regarding this what-is-the-best-time-to-go-to-casino-to-win conundrum is that the number of jackpots is higher when there are more people. Remember when I was young and so were you And time stood still and love was all we knew You were the first, so was I We made love and then you cried Remember when. Remember when we vowed the vows and walked the walk Gave our hearts, made the start, it was hard We lived and learned, life threw curves There was joy, there was hurt Remember when. The following rules apply to casual gamblers who aren't in the trade or business of gambling. Gambling winnings are fully taxable and you must report the income on your tax return. Gambling income includes but isn't limited to winnings from lotteries, raffles, horse races, and casinos. It includes cash winnings and the fair market value of prizes, such as cars and trips. Winning at gambling might be one of the hardest ways to make an easy living in the world. If you paid attention to all of the 100 ways to win at gambling listed in this post, you could probably be earning six figures a year or more. But you can only make that kind of money playing certain games or betting on sports.
- I Remember When We Were Gambling To Win Money
- I Remember When We Were Gambling To Win Presidency
- I Remember When We Were Gambling To Win Millions
This is kind of a funny question because the answer seems elusive at first, but then when you see the answer, you realize that it was sitting there in front of you the whole time. The true reason you never win at gambling isn’t because you haven’t discovered the next super-secret betting system or because you have NO luck.
The reason is simple:
You never win at gambling because you only stop when you run out of money.
Think about it for a minute. If you hang around the casino for hours on end and only leave when you’re out of money, you’re never going to book a win. The key to winning money in gambling is to stop when you’re ahead.
You see, the people who never win at gambling aren’t taking into account the short periods of time they are actually ahead. I’m sure that even the unluckiest of gamblers win bets sometimes. But those people don’t stop after winning. They keep going and going.
Quitting when you’re ahead is easier said than done. How much money do you have to be ahead before you decide it’s time to call it a day? Do you quit if you win your first $5 hand of blackjack? Well, that’s no fun.
Setting a win limit is a balancing act. Set a low win limit and you’re more likely to reach that limit. However, it may not be as exciting as hitting a much higher win limit. Set a higher win limit and it’s going to happen less often.
If you have ever actually asked yourself why you never win at gambling, I suggesting beginning with a smaller win limit. Start it off small and work from there. When I say “small” I mean relative to the size of your average bet.
Begin with a win limit of about 5 units. So if you bet $1 a hand, try a session in which your win limit is $5. You can always ramp it up from there. Start small and book a quick winning session. There, you are now a winning gambler – for now at least.
![Were Were](https://milotteryconnect.com/wp-content/uploads/2019/06/06.24.19-Fantasy-5-06.21.19-Draw-351180-Anonymous-Washtenaw-County.jpg)
But remember, the house does have the advantage over the long term. If you gamble frequently, the odds are overwhelmingly against you being a lifetime winner. The only goal with win limits is to at least book a few winning sessions.
Gambling is a form of entertainment and it has a cost associated with it. So don’t go in expecting to be a long term winner. The only thing I’m saying is that you don’t have to lose every single time. The sooner you stop gambling until you run out of money every time, the sooner you can start booking those occasional winning sessions.
You should also set a loss limit. A loss limit won’t help you book wins, but it will help you minimize the damage that comes with gambling too long. It’s no fun to stop on a bad note, but it’s better to stop on a kind of bad note than it is to stop on a disastrous note.
If there’s any activity that runs counter to everything self improvement stands for, gambling has got to be one of them. There’s way too much rooted into gambling that can really blow up in your face. It seems harmless at first but like a wildfire, it can get real out of control, destroying your financial future, marriage, relationships with others.
Look at the underlying basis of gambling.
Getting money for doing nothing. Getting money for being of absolutely no service, value, or help to others. Relying on chance instead of your own personal responsibility.
The act itself is rooted in greed.
By constantly gambling, you constantly think – let me try to get something for nothing.
When you lose the money you’re gambling, what do you do?
When you lose the money you’re gambling, what do you do?
Ask other people for money.
Another form of getting something for nothing.
When that option runs out, what do gamblers do?
They start stealing to support their gambling addiction.
Another form of getting something for nothing.
And here’s what most people don’t seem to notice about gambling.
The people who gamble because they need money – they lose it.
Why?
Because they’re too emotionally invested.
They’re too attached to the money they’re gambling with.
The people who “win” at gambling are the ones who ALREADY have a ton of money and don’t need the money they’re gambling with and as a result, can be a bit more objective and take more chances liberally.
But even if they win, it plants that seed into their mind that they can get something for nothing and that can start them down a very dark path. You don’t want that kind of thinking constantly going through your head.
I Remember When We Were Gambling To Win Money
But let’s say you don’t have a ton of money but by some long shot, you win anyways.
![I remember when we were gambling to win presidency I remember when we were gambling to win presidency](https://i1.wp.com/milotteryconnect.com/wp-content/uploads/2016/03/3-21-16-lotto-47-03-19-16-draw-1-25-million-anonymous-wayne-county.jpg?ssl=1)
You still lose.
Because you’ve missed out on the opportunity to BECOME the kind of person who can find a way to serve people and earn that money instead. You miss out on developing the traits of patience, focus, vision, persistence, service, action, etc., and that in it of itself is worth more than any amount of money, to develop yourself to your highest potential.
Notice how the lotto winners, the majority of them lose it all because they have NOT become the kind of person who has developed to the point where they can handle the money. They blow it all away. They have no patience, self control, delayed gratification, etc.
Avoid gambling at all costs, even the little forms such as betting on a game with friends, poker night, scratch off tickets, because it’s so easy to make an exception and start slowly sliding down that hill, taking on more serious forms of gambling, getting a bookie, going to Vegas, etc.
And if you see ads here on gambling, before you accuse me of hypocrisy, know that it’s just Google Adsense’s algorithm doing its thing. It sees the word gambling a lot in here so it assumes I talk about gambling and displays ads about it.
I Remember When We Were Gambling To Win Presidency
Avoid the easy way out trap that gambling takes the form of.
I Remember When We Were Gambling To Win Millions
No matter what, you will always lose in the long run, even if you win.