gambling

Until recently, a lot of gamblers had to keep their gambling profession, career, or hobby in the dark. Gamblers have always been seen as impulsive, irresponsible, and financially uninformed. This post is intended to inform you about the positive side of gambling.

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Here are the 5 Common Misconceptions About Gambling

1. Betting and Gambling are the Same

Most newbie gamblers think betting is the same as gambling. I want to call your attention to the fact that both words are used interchangeably, but technically they are not the same thing.

Betting involves placing a wager on a particular thing and hoping that your investment will bear fruit. The same goes for gambling, but when you gamble, you are shooting in the dark instead of making an informed decision.

For instance, buying stock in a company after researching the industry trends, the company’s balance sheet, client profile, etc. can be categorized as a bet. Betting involves diligence. However, simply buying a lottery ticket is considered gambling— no mental effort is exerted from your side.

2. Gambling Can Be Mastered

Although betting and gambling are not technically the same, they both are a part of the same industry. Some people start their betting career, thinking that they can master the art with sheer persistence, massive effort, and thorough research.

Sadly, things don’t work this way in this industry. Surely, you can learn how to be a good poker player. But you have no control over the kind of cards you are dealt with.

3. Gamblers Do Not Make It Big in Life

There is no question that there is a stigma attached to being a gambler. Often, it is justified as gambling used to be illegal (it is still illegal in many countries).

Apart from lavish casinos, most gambling events are carried out in shady-looking bars, clubs, pool halls, or roller rinks. However, with the advancement of technology, the gambling industry has been completely reformed. These days, most of the gambling takes place online.

However, several nameable gamblers have made in big and also have become respected members of society. Dan Bilzerian, an American poker player, is a multi-millionaire who has been featured in popular TV shows and podcasts.

4. Gambling is for Loners

Some people believe that gambling is for those who are not born with the capability to make money via conventional means. While this may be the case with some people with most gamblers are social, jovial, and optimistic. Games like poker bring people from all facets of life on the same table.

5. There Are No Health Benefits of Gambling

There is more to gambling than buying lottery tickets. Blackjack, Roulette, Poker, Baccarat, and Craps are some of the hardest casino games to master. You need a sound knowledge of math, psychology, economics, body language, etc., but one also needs to be socially savvy.

Recent research by the Southern Illinois University concluded that people who engage in gambling are more likely to be happy and fulfilled in life. Compared to those who engage in mundane activities like watching television, gossiping, binge eating, etc., hobbyist gamblers have a greater life purpose.

Conclusion

Instead of thinking of gambling in the traditional sense, I want you to shift your mindset a bit. Do not engage in casino games that do not offer you the change to contribute to the outcome. Learn games like Poker and Blackjack. Gambling may be unconventional, but you sure can earn a good living.