Why Do People Gamble?

[luckyflush]

It's a cycle
At the start the company needs to invest money to attract people to gamble
So at start it will probably be people that are poor and get a minimum wage, that will bet to get a small winning

Then more money will come in, the prizes are bigger and more middle class people are attracted to the money
Which means more people, fewer odds to win

To some people it starts as trying to get some added income, and develops into a routine
one of the problems is that people don't keep track of their losses and winnings

If you'll tell someone he probably looses more than he wins, he might bring up some rare time where he won 600$
And also some people who are poor just can't loose the option to win a lot of money
Even if the odds are small

I've seen more people that are poor or have a low income buy lottery tickets than people that want to get rich quick

as to sports you have more information about the teams, and you can make a wiser bet, but some people like to bet on their favorite team and they think it shows support for the team
but in reality the lost money doesn't go to the team, and if you bet wisely you can support a local team by donating some of it, or start a local team etc.

as for horses, it's simple and it seems you have more of a chance to win
there are favorites, and there is only one winner
and the jockeys have control of the horses during the race, and it's more suspenful.
And there are also various rules to prevent cheating

[alec11]

i think betting is a good way to get money.
I keep thinking that betting is same like investing, only we will lose all, or get my money doubled.

And we know that if we get money, of course we will very happy. Thats why people keep gambling.
They keep think it is a good way and instant way to get money, they dont think what happen if they lose.

[doublestakes]

it's not that simple
there are more options to lose
and it might be better then an investment since if you win you get your money faster

and have more control

[pearl]

Is Gambling a problem or it is something people need? People gamble for many reasons. People who wants to get or earn money in an instant tend to gamble thinking that this is the easier and fastest way to get money. There are also people who gamble because they want to relax. In the end, gambling is still a problem especially if the person involve becomes an addict to this.
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pearl
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[billibum]

Hello to all people here, good luck with the gambling!

[wallstreeterww]

Most people gamble as an ego thing. Its the players that can control their emotions that are the ones who can take the money from the emotional sheeple.

[BobProbert]

Myself, I gamble for the thrill. It is certainly not for the money, I enjoy my winnings, but I never bank on getting them. Often, I do lose more than I had initially planned to risk, but I never bank on winning.
It is just for the thrill. I love a good game of cards, especially poker. But their is no way of judging your poker skill without gambling. It just doesn't compute for me. We could play for matchsticks, but it is just not the same, in the end, I don't care if I lose all the matchsticks, or if I win them all. Exchange the matchsticks for $, even quarters, and it becomes interesting to me.

[wifesawaycatwillplayPOKER]

I too gamble for the rush
I love to win, but I certainly couldn't make a living at it
I would wager that anyone who makes a living at gambling has also had to deal with making a LOSING at gambling, and I certainly don't want to be in that position