What does the word 'gamble' conjure up?

[doubleback]

No intent, just want to know what the word 'gamble', and its derivatives, produces in the brains of others ...

[shadowninja]

in the brains of others ...

All negative. Ruins lives, mug's game, throwing good money away.

[doubleback]

Good answer, which precisely addressed the question. I hope more phorumites will follow.

I will remain entirely neutral and just wish to know the thoughts of others ...

[shadowninja]

I used to think the same about sports stuff even when I was trading financials. Reality is that it's all gambling, the only difference being whether you have an edge or not.

[pmcpi]

Here in Portugal there isn't a big culture on gambling as we see in the northern european countries, with bookmakers around the corner, or "mini-slot" machines at a pub or at a store.. Here, any type of gambling is made at a dozen casinos across the country. Of course you still have lotteries, the euro-millions, and that game which you scratch the hell out of a piece of cardboard to see if you made three "somethings" in a row (here is called "raspadinha", which is IMHO seriously addicting elderly people).

So, the reaction is usually "be careful!", but I think there isn't a very negative thought about it. But discussing gambling with sports trading in context doesn't get to a meaningful conversation. Usually ends with:

- "I don't understand"
- "And a real job, no?"
- "Uh, you're so sophisticated"
- "Really? Now I'm with the mood to bet tonight!"

Don't really care now.

[lcredd]

First thought:

Gambling = throwing money away.

[Thomson]

The perception in my brain...also my life.
In my brain..Now.. Gamble = ...Under My Control....... speculation, accumulation, a means to the desired end, the only way...

In my life..Gamble has =.... Guarenteing bank loans against equity in my familys home...Taking on contracts knowing cash flow could be sticky with just one late payment...Trusting others in business....Trusting banks...Trusting employees to do their job properly........

Happily the life gamble paid off.........I prefer my Now Gamble...

[shadowninja]

Up and down the UK, young people are getting into debt gambling with up to £30k. We call this "student debt" - you're not guaranteed to win anything at the end of your 3 years at uni. Many are unemployed. Many are working in jobs that don't require university degrees.

Life - is - a - gamble.

[inandout]

Gamble=to risk money on games of chance with an uncertain outcome.
Gamble when the odds are knowingly in your favour so over the long term, with the correct money management, you win money. So is this still gambling? You still lose bets/money regularly but in the end you know you'll make money.
To me gambling is a pure bet from a person prepared to risk his/her money with no idea if they are betting into a positive expectation or are risking far too much of their money. i.e they have a good bet, the odds are heavily in their favour but they still shouldn't put their house on one isolated event because over the short term anything can happen and, when everything is on the line, it probably will.
A true story from a few years ago. My brother in law had just lost his job and tried his hand at trading FOREX with no success, he came to watch me trading on betfair but he just couldn't apply himself for any length of time and soon gave up but he continued to gamble. To cut short over a two week period he took 3k, money he couldn't afford to lose, to over 20k with all in short odds bets I kept telling him to withdraw the money as it would all come crashing down but he refused he kept saying he needed 40k and that would be it, that's what he said he needed to get straight and on he went. It was a sunday lunchtime and we were doing a 5k 'fun run' and he was saying how my advice was right but he was going to get his 40k then stop forever, his wife, my wifes sister, now knew about this money and seemed to be of the same mindset. He had backed one goal to be scored in an 11.30 Ajax game, they'd gone over two seasons without a 0-0, for all his money at an average of 1.04 once all his money was matched. Anyway he was on his phone just before the run when 1-0 came up, he was elated his target was nearer. We got back to our house and he asked if he could use the computer when he logged on he was ashen faced his balance was 0! The goal had been disallowed and the game ended 0-0, they were both distraught and a big argument ensued. On the bright side it put him off gambling evil

[WhyAlwaysMe]

[bazbaz]

Adrenaline, excitement, lack of control over the variable that will determine your level of happiness / sadness, desire overriding logic,

Unless you really know what you're doing of course

[PC0845]

Cold, hungry, alone, darkness.

[marra]

21:20 Race at DUNDALK.........Nuff said

[Temujin]

Risk vs reward. Simple as that. It is a gamble walking across the street. It is a gamble eating a piece of bread. Everything is a gamble, life is a gamble. When something is in your favour, hook in. When it isn't, find something that is. If that means walking 10 metres to the traffic lights, then so be it. If it means walking an extra 50 metres to an actual shop, then so be it. And if it means waiting til the odds of a sporting event turn 10%, then so be it.

Life is a gamble. Know what you are playing with. Know what you are trying to achieve. And know the chances of it happening. The rest will create exactly what you already know, and that is a long fulfilled life, full of sunshine and lollipops.

In simple terms. "Gamble" reflects the general incompetence of the general population and its ignorance and gullibility, hence why we are a people of followers and so easy to be manipulated as seen by the general reaction and the general opinion of what gamble means.

[custard]

"Gamble" reflects the general incompetence of the general population and its ignorance and gullibility.

Yes, I hate most people too and I much prefer the company of dogs. I have provided a solution for you on the YouTube thread. I'm hoping to reach "average intelligence" in four to five weeks.

http://www.geekstoy.com/forum/showthread.php?t=153&page=36

Post 711


I understand many people in Australia have been taking these for generations.