Question about gambling addicts
Im a member of a gambling addicts forum, not because I am one but because I like reading their stories, and to scare me the hell away from ever becoming one, simply because it is astounding how these people blow every last nickel just to play a stupid game, and Im not talking about poker.
I read stories about guys who will blow through $50k at the casino over a few months playing roulette
(one of the worst house odds
games in the whole building!) I mean to blow 5 figures at the casino from gambling is about the only thing that gets them to look at "hey, maybe I have a problem?"
Anyways my point? My point is, does this all come down to poor bankroll management? I mean granted Im sure there is an addictive personality disorder in these people, that keeps them always coming back to play again and again at the casino despite overwhelming odds against them ever winning, but really aren't they playing games with cash amounts where they obviously cant afford to lose?
Ive been to the casino probably 3 dozen times in the 5 years since Ive been 21. I would have to say all in all, Ive lost between $500-$700 in 5 years, not really a huge financial setback, but enough to teach me a lesson that its impossible to beat the casino.
Last time I went in I sit down, I play black jack. Followed basic strategy to a T, still blew $50 in about 20 minutes time. Ill play baccarat
, banker bet, one of the best bets in the house, still lose $50. Now granted Im betting the minimum everytime so I get a few hours entertainment out of these.
Ill play craps, pass/dont pass with odds, also a great bet, since the house edge is narrow, I still usually come up short.
Its well documented that the house has an edge, who the hell blows $4000 in a single night playing American Roulette, like one man on the gambling addicts forum? That is the worst game in the casino IMO.
Last time I went to the casino I saw this guy blowing through stacks and stacks of green chips, playing Baccarat. Im talking 5 inch stacks of $25 chips, easily $450. He kept pulling out more money, and losing it, and pulling out more. He finally won a big bet, $400ish or so and I yelled across the table "Only TWO grand to go!" and he looked at me like he wanted to kill me!
So this all boils back down to my original question, do gambling addicts clearly have a problem with bankroll management? Another thing, why don't they do a simple google search on house edges of casino games? That dragon 7 on the baccarat table pays 40:1 but its house edge is like 7.42%! And the Tie Bet is like 14.4% or something ridiculous.
It all seems to come back to poker with good bankroll management. You won't go broke, your not playing against the house (cept for that stupid rake they take out) only thing is can you afford the buy in for a no-limit SNG at a casino?
The main reason I haven't joined an online real money poker site
though, is because gambling addiction and the ability to blow your life savings from the comfort of your home desk chair scares the heck out of me. Plus I dont exactly make the income that I can live independently yet and my parents would be extremely pissed if they found out I blew large quantities of my personal cash on poker.