what about casinoes?

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Replied by FrankN on topic Definitely not an investment

yes and for people who have temptations to gamble without control should never ever go into a casino. Its only people who have control and the means to walk away.
2 years 11 months ago #1

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Replied by Medi on topic Definitely not an investment

I suppose some of us just can't resist the challenge. I'm not good at games of luck (and skill, in this case), so I choose the safe way out. I feel that setting a limit in terms of money and frequency is the right approach. With the increase in popularity of online gambling, it becomes even harder to resist the temptation.
3 years 6 days ago #2

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Replied by FrankN on topic Advice on Casinos

That is the perfect way to gamble. I also do a similar approach. To me it is entertainment and I always set a cap of what I am willing to lose.
3 years 2 weeks ago #3

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Replied by Breakinger on topic Advice on Casinos

I go to the casino once a year with my best friend. It's something we have done since we finished college together. I usually end up taking about $50 with me and sometimes I'll bring home a few hundred and other times I will lose it all. It's just something that is fun for us to blow off some steam each year.
3 years 1 month ago #4

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Replied by patse on topic Advice on Casinos

If I go to the casino, I take 25 bucks. That's all I will spend. I work too hard to just throw that money away. I think it is fun going but I don't go often. I don't ever expect to win either.
3 years 4 months ago #5

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Replied by Wanderer on topic Advice on Casinos

Unfortunately, some people get addicted and it sure tears their personal finances up. Have a neighbor who works really hard and then goes to the casino only to lose it all and then some.
3 years 4 months ago #6

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Replied by Moneyes on topic Casinos

I have been to casinos a total of 5 times in my life. I came out ahead on average, but it isn't something I make a habit out of. It's just a good way for me to unwind sometimes.
3 years 4 months ago #7

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Replied by FrankN on topic Even 50-50 odds are too risky

I would definitely say you were one of the few, but that is a great story to hear.
3 years 8 months ago #8

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Replied by Egghead on topic Even 50-50 odds are too risky

I am probably one of the few who has been to Vegas and spent a total of ten bucks! (And that was on the penny slots.) My friend joined a roulette table, sticking to the 50-50 bets, and I was shocked to see black come up something like 15 times in s row. That says it all really.
3 years 8 months ago #9

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Replied by 2darnbroke on topic Seriously?

I'm surprised to see casinos even brought up as a topic under the investment category. Even the best professional players lose - it's part of the process. Might as well bring up lottery tickets as a way to increase your wealth.
3 years 10 months ago #10

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Replied by patse on topic Gambling

Gambling as an investment is a horrible way to invest. I mean, if you have a lot of money to throw away, go for it. I like to gamble from time to time, but it's for fun.
3 years 10 months ago #11

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Replied by jordane on topic Casino

My advice is to stay out of casino's if you don't have extra money. Don't bank on winning big. I go to the casino a couple of times a year. It's fun, that's all.
3 years 10 months ago #12

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Replied by FrankN on topic Advice on Casinos

I would completely agree with the advice against gambling. It should only be consumed for entertainment purposes and never used as an investment.
4 years 1 month ago #13

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Replied by dank213 on topic Time To Leave

When I go to the casino, I go only looking to have a good time (and sometimes dinner). I never go with expectations and always go with only cash that I intend on loosing (yes, loosing). Of course, I have walked away a couple times with more than I came with, but I am still probably at a break-even between what I won and what I lost. I generally take only $40, after that's gone, i am gone. As soon as I get ahead $10, I leave.
4 years 2 months ago #14

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Replied by Meya on topic Re: what about casinoes?

I know now!:laugh:
9 years 7 months ago #15

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