Do gambling winnings do anything for you?

If at the end of your life you have, for example, an extra 20K in your accounts due to sports (casino, or financial investment, etc) gambling, what will it benefit you? Nothing. You can't take it with you! LOL.

BTW, some very high figure, like 99% of punters, are lifetime losers at sports/casino type gambling.

OTOH if you're a pro sports gambler living payout to payout, then your winnings may be of some immediate benefit to you. That might apply to one in a million punters.

Also if you're saving up for a child or some other good cause that your winnings will go to upon your demise/end in this world, that would be another positive motivation where your gambling winnings do something for you, at least indirectly. But, again, as the vast majority are lifelong losers, it's probably more likely to end up with you shooting yourself in the foot.

Or if you won hugely, as in millions, for example, then that could do something for you, during the moment of your lifetime, and at your death. Though not necessarily in a positive way.

I suppose most, on online forums such as this, gamble because it's considered fun, or a habit, or an addiction, or entertainment to help fill their days.
 

Bushay

NHL Expert
I feel sorry for the guys who live their life sitting in front of a screen watching numbers change. Most being anti-social. No matter how much they make. If anything I envy guys like Dink and Billy Walters. You look at Billy on a golf course and you'd have a hard time believing he watched screens for 16-20 hours a day. Yes, Dink probably spends close to that too, but the man has hobbies and interests that allow him to enjoy life away from this. That's my opinion anyway. 4/5's of you guys this is your life. Screen watching and dick measuring in gambling forums! lol. Was it really worth it some of you guys? John Kelly another. No idea of John's financial success, but he seems to be doing things in life he enjoys other than what I described earlier. Get some fresh air boys. This shit isn't healthy.
 

mr merlin

EOG Master
If at the end of your life you have, for example, an extra 20K in your accounts due to sports (casino, or financial investment, etc) gambling, what will it benefit you? Nothing. You can't take it with you! LOL.

BTW, some very high figure, like 99% of punters, are lifetime losers at sports/casino type gambling.

OTOH if you're a pro sports gambler living payout to payout, then your winnings may be of some immediate benefit to you. That might apply to one in a million punters.

Also if you're saving up for a child or some other good cause that your winnings will go to upon your demise/end in this world, that would be another positive motivation where your gambling winnings do something for you, at least indirectly. But, again, as the vast majority are lifelong losers, it's probably more likely to end up with you shooting yourself in the foot.

Or if you won hugely, as in millions, for example, then that could do something for you, during the moment of your lifetime, and at your death. Though not necessarily in a positive way.

I suppose most, on online forums such as this, gamble because it's considered fun, or a habit, or an addiction, or entertainment to help fill their days.
$20k? Cmon , I'd be doing backflips if i was only down 20k lifetime. I shudder to think what I'm down. Easily 100K, I've been to vegas 50 times prob won 10, then you have hundreds of visits to local places, sports betting, f'n poker, god damn pull tabs...oh my God, it's a lot.
 

John Kelly

Born Gambler
Staff member
I need a scoreless fifth inning at Petco Park and then I'll tell you what I think about gambling.

Is that the definition of short-sighted?

I'm UNDER 4 for the first five innings.

I'll take a push considering I just got through a scoreless fourth inning.

Current score: Padres 3 D-backs 0, end 4th.
 

mr merlin

EOG Master
Shit, i forgot about the track, the only thing I've never lost much at is the lottery, maybe $30/year.
 
I think the real problem is the obsession with getting every tiny edge is where some go off the rails. If one were to just treat this as a 40-50 hour a week endeavor like some other job then no problem. But some guys try to be pre game and in game bettors and then spend hours after analyzing the game...it just isn't good. Poker players are like this too, play way too much and then away from the table spend hours more thinking about their hands all to get a tiny extra edge. Maybe this is required to be the best in the world, but I have met enough guys who just do what it takes to make a living and I'd take their situation every day of the year over the guy who is 20% better but might as well be living in a cave alone.
 

John Kelly

Born Gambler
Staff member
Current score: Padres 3 D-backs 0, end 5th.

Will Myers just fouled out with the bases loaded to end the the bottom of the fifth inning.

I have a love-hate relationship with sports betting.

Tonight, I love sports betting.
 

John Kelly

Born Gambler
Staff member
I feel sorry for the guys who live their life sitting in front of a screen watching numbers change. Most being anti-social. No matter how much they make. If anything I envy guys like Dink and Billy Walters. You look at Billy on a golf course and you'd have a hard time believing he watched screens for 16-20 hours a day. Yes, Dink probably spends close to that too, but the man has hobbies and interests that allow him to enjoy life away from this. That's my opinion anyway. 4/5's of you guys this is your life. Screen watching and dick measuring in gambling forums! lol. Was it really worth it some of you guys? John Kelly another. No idea of John's financial success, but he seems to be doing things in life he enjoys other than what I described earlier. Get some fresh air boys. This shit isn't healthy.


Add "dick measuring" to my EOG glossary.

Also, "dick stretching."

"Dick measuring" comes before "dick stretching" but only in the EOG glossary.
 
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MrTop

EOG Master
what about the cost to just play ? computers & monitors...To bet sports you need to spend money to get some edges...like information... Just like investing in the stock market , you have to spend money just to play to get edges... crazy amounts too per year... My next life i think I would choose poker out of the 3.. seems like the cost is less but more driving ..I just do not trust video poker.
 

MrTop

EOG Master
I feel sorry for the guys who live their life sitting in front of a screen watching numbers change. Most being anti-social. No matter how much they make. If anything I envy guys like Dink and Billy Walters. You look at Billy on a golf course and you'd have a hard time believing he watched screens for 16-20 hours a day. Yes, Dink probably spends close to that too, but the man has hobbies and interests that allow him to enjoy life away from this. That's my opinion anyway. 4/5's of you guys this is your life. Screen watching and dick measuring in gambling forums! lol. Was it really worth it some of you guys? John Kelly another. No idea of John's financial success, but he seems to be doing things in life he enjoys other than what I described earlier. Get some fresh air boys. This shit isn't healthy.



I agree a ton of screen watching...LOL ... i do the same with the screen watching in the stock market... and adjusting numbers LOL
 
$20k? Cmon , I'd be doing backflips if i was only down 20k lifetime. I shudder to think what I'm down. Easily 100K, I've been to vegas 50 times prob won 10, then you have hundreds of visits to local places, sports betting, f'n poker, god damn pull tabs...oh my God, it's a lot.

The 20K of the OP referred to winnings. You're talking about losses.

Will your or other people's gambling losses matter at the end of their life? In many cases they won't, so why should they be so distressed about them.

Whether a billionaire has a 100K more or less due to gambling winnings or losses at the time of his death is not going to do anything for him or matter. He can't take it with him! Ditto for the many people who die as millionaires. Or even those who die with a few hundred thousand.

"25 Who of you by worrying can add a single hour to your life[a]? 26 Since you cannot do this very little thing, why do you worry about the rest?"

"And which of you by worrying can add one cubit to his stature?" (Lk.12:25; Mt.6:27)
 

mr merlin

EOG Master
The 20K of the OP referred to winnings. You're talking about losses.

Will your or other people's gambling losses matter at the end of their life? In many cases they won't, so why should they be so distressed about them.

Whether a billionaire has a 100K more or less due to gambling winnings or losses at the time of his death is not going to do anything for him or matter. He can't take it with him! Ditto for the many people who die as millionaires. Or even those who die with a few hundred thousand.

"25 Who of you by worrying can add a single hour to your life[a]? 26 Since you cannot do this very little thing, why do you worry about the rest?"

"And which of you by worrying can add one cubit to his stature?" (Lk.12:25; Mt.6:27)
I've always worked(until i retired) and I've had money, so no it doesn't matter, but i have learned one key lesson. It's more fun to win than to lose.
 

IWishIWasAPro

EOG Master
Why do people invest in 401k's when they're not promised tomorrow?

Why do people eat out every day and not just cook at home?

Why do people drive SUV's and HEMI's that suck the living gas out of you and you have to fill up 2-3 times a week?

Why do women spend triple the price on name brand materialistic outfits they can get at Kohl's for much cheaper?

Why does my dick curve to left?

I don't know.

I gamble because I have an addiction, a love for sports and action. Unless you're gambling what you can't afford it is fine. Once you start gambling your bills and necessities it then becomes a huge problem and you need help.
 
Why do people invest in 401k's when they're not promised tomorrow?

Having money for retirement as opposed to being homeless etc.

But what's the point if you're already set for life, especially if you're old? Are you going to be able to take with you a relatively little extra cash into the afterlife? No. It won't make any difference in that regard if you die with X dollars or X + Y/X where Y is a small fraction of X. You can't take it with you to heaven, hell or purgatory! So gambling on sports events (or in casinos or on the stock market, etc) is rather irrelevant and pointless in that regard.

Or what if you're dying and the medical experts have given you days, weeks or a few months to live. And you have plenty of excess cash to blow. Why not blow it on "sex, drugs & rock n' roll" or fast cars, travel or something else you'ld enjoy spending it on?
 

John Kelly

Born Gambler
Staff member
Had a chance to speak with ComptrBob earlier today.

He had a funny, off-the-cuff remark about this thread started by X-Files.

Bob said something like, "What's the next question from X-Files: What's the meaning of life?"
 

trytrytry

All I do is trytrytry
Had a chance to speak with ComptrBob earlier today.

He had a funny, off-the-cuff remark about this thread started by X-Files.

Bob said something like, "What's the next question from X-Files: What's the meaning of life?"

I bet you he doesnt know
 

billysink

EOG Dedicated
I made a king's ransom from gambling. Before I placed my first wager. The exposure to the culture probably saved me twice as much. Gambling has little importance to me now and wagering never did.

In my 60 years I've seen thousands of gamblers and not one who earned a living wage. Addictions don't provide, they provoke.
 

billysink

EOG Dedicated
When you have posters literally begging to be seen as "professional traders", whales or "math guys" well...........


Money don't need no fukkin identity folks, broke need all the help it can get.
 

Bigrunner

EOG Master
that is not mora... mora was playoffs?


play to win the game was herm edwards



both were so funny any time you look at them


For some reason I thought it was Kevin Kostner in the very good baseball movie "For the love of the game".
 

cheapseats

EOG Master
I knew a retired fire fighter. He was a sucker for touts, he'd pay hundreds, though after 3 to 4 yrs he figured that out. His point, losing hurt, but winning had little meaning as the money meant little to him.
 
Unless you're gambling what you can't afford it is fine. Once you start gambling your bills and necessities it then becomes a huge problem and you need help.

So, IOW, only gamble with what you can afford to lose, eh?

IOW money that you can afford to burn or trash. IOW money that is not that important and doesn't matter much. So shouldn't be that big a deal if you lose it all, eh? Not worth getting upset, or anxious or depressed or crying over? You took your shot and you lost. Oh, well. Life goes on.

That being said, forums such as this contain the education that should be able to make a person a long term winner. That is, if they are intelligent enough, can practice long term proper money management, plus perpetual discipline and not chase losses. Which may be where the vast majority eventually fail because their character falls short of being able to meet those standards.
 

choslamshe

EOG Master
They pay for my other stupid addictions. My last 6k of offshore withdrawals have been dumped right back into sportscards. Addicted to the gambling within box breaking. Have spent 10k the last year on NBA Prizm packs and another 10k in NFL high end product. Was lucky to snag one Justin Herbert fancy autograph that I was able to flip for about 5k but other than that just a waist....especially when the early 90s repeats itself in the card industry.
 
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