Game Betting: A Life Changer.

in Hive Learners2 days ago

Should I say that it is not a good thing to indulge oneself in betting? Or I say it's a good thing and should be encouraged.

From my point of view, it's like driving a car. Either you drive the car and put aside the fear of an accident, or you get scared and do not even bother learning how to drive. All in all, driving itself is about risking it. Some started learning to drive and never made it, while some did and they appreciated it.

It's all about taking risks. The life we live is a risk on its own. If you don't take risks, then moving forward will be difficult. Taking risks is encouraged, but not knowing when and how to take them makes them dangerous.

There are times we have to take calculated risks, trying to understand the odds, the impacts, and the repercussions of taking a kind of risk. For example, those in business are surely taking risks. So they have to be calculated when taking their steps to avoid total loss from the business either in the long or short run.


What about sports betting??

Yeah, the same thing is applicable here too, betting is a game of risks with high volatility. It's just like gambling between your fate and luck. There are surely two aspects of it. Those who are making money from it, and those that are losing their money on it.

To be able to make money in betting, you need to have to make people lose their money. I see betting as similar to cryptocurrency and forex trading. You earn in crypto trading when some people lose, but not directly proportional.

As for betting the owner of the betting shop or the owner of the game must have gotten a life-changing business, a risk that was worth it. They are the ones making the money from betting. But as for the players, they are being milked. They already got their eyes washed off from seeing the reality and that's the one way in which the creators of the game could profit.

The gameplay is so catchy that you would think others are just wasting their time, you will assume you are the one on the right path and one of the agents fashioned against them is that of false hope.

They get so addicted to false hope thinking that one day they get to hit their jackpot overnight. And when they do then they can surely have all the money they’ve lost in the past. They keep getting deep into their illusionary vision of theirs and even spend all of their entire savings on it all in the name of a future billionaire in betting.

Despite how bad betting might look, there are some wise and lucky ones among the players who actually get their big hit and then try to divert the money elsewhere. But still, the use case of the money earned through betting doesn’t withstand the test of time.

The funniest part is that you see some elderly ones focusing and concentrating on it as their lives depend on it. And after all when they play and win then they put back all the money earned into the bet game so they can win bigger again. But they end up becoming a loser who hardly gets to change their clothes.


In conclusion

Betting is a game of gambling and doesn’t leave a good impact on those playing it. You hardly see people make it big from betting. So if betting should be banned then I am in full agreement for it to become illegal.


This is my response to the HIVE LEARNERS weekly prompt in hive learners community for the Week 148 Edition 3 and the topic to be discussed is SHOULD GAMBLING/BETTING BE ILLEGAL


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 2 days ago  

All forms of gambling is very risky and should be played with caution.
I think people have talent in betting while others don't.

 2 days ago  

The talent is what gets them poorer till they go bankrupt.

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 2 days ago  

I love where you said the use case of betting doesn't stand the test of time and that's the truth. There's no how one who earned money through betting won't spend it recklessly.

 2 days ago  

Normally. Same thing goose for all illegal sources of income. No amendment to it.