Gambling is fun and entertaining and a lot of people do it. Just as an outing or to relax. And there is nothing wrong with that. But realize that with gambling you don’t always win.
There are many stories on the side of the winners and losers that explain why people will always have a love/hate relationship with gambling. Whether you gamble at a land casino or an online casino, you never know how things will turn out so always be prepared for the possibility of losing your bet.
Small bets can pay off
Small bets can also lead to big profits as evidenced by the story of Kevin Maselli. The teacher decided to take a gamble on sporting events but kept it modest and bet small amounts. This meant that he often only bet a few cents and took little risk in gambling. Nice earnings but they were not very big. Until he decided to bet a few pennies on a gamble where the chances of winning didn’t seem that great but the opposite turned out to be true.
The next day he discovered the result of the game he had bet on and it turned out that he had won a whopping $1345.78. With a bet of a paltry 14 cents, this is not a crazy win, of course. Nice detail about the win: Maselli put the money aside to buy a nice ring for his girlfriend who he was going to propose to. Nice romantic hazard of course.
Making a profit in your old age
Making a profit when you gamble is, of course, the best thing there is. And what makes it even nicer is when you only make a small bet and manage to win a lot. And if you’re not the youngest anymore, this really comes as a surprise.
Winning a lot with a small stake
This happened to Harold McDowell of 85 at the Borgata Hotel Casino in Atlantic City. McDowell and his wife were both playing a game at the casino. He bet $5 on a Poker game and managed to pull off a Royal Flush with diamonds when the cards were dealt. The odds of that happening are extremely minimal, only one in 20 million, so the fact that it happened is without a doubt unique.
He managed to win $1 million in one go. Coincidentally, the day before, his wife had been declared cured of cancer, so the two of them couldn’t believe their luck. His wife didn’t even believe him until she saw it was true and they were both over the moon.
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How gambling can quickly lead to big losses
Losses also occur when gambling. There are many people who like to gamble just for the thrill of it and as long as it’s fun, no problem. And everyone loses once in a while, of course. If the loss is limited, it’s not so bad but unfortunately it can sometimes get out of hand. An example of this is the story of a gambling addict who lost $155,270 by playing only 26 minutes at the roulette table.
Addiction can have nasty consequences
Gambling not only caused the man great financial losses but he also lost relationships. Not a healthy habit at all. All the money he had earned in a long time he managed to lose by making only ten or eleven bets on online roulette. You could say that the money disappeared like snow in the sun. The gambler, named Alex, is currently trying to get rid of his addiction, but as with any addiction, it’s not easy.
Moral of the story: there is nothing wrong with gambling as long as it remains a game and you do not become addicted to it. Never bet too much (only what you can really miss) and continue to see it as a fun pastime that you can simply stop in time. Winning is fun but unfortunately losing is also a regular part of the game and it is important that you know when to stop.