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If I ever become a leader where I live, I will ban all forms of gambling to save families and lives. Casinos are the home address of satan.
The Quran says this about Gambling as advice to mankind – “O you who believe! Intoxicants (all kinds of alcoholic drinks), gambling, al-Ansab [sacrifices for idols, etc.], and al-Azlam [arrows for seeking luck or decision] are an abomination of Shaytan’s [devil's] handiwork. So avoid (strictly all) that (abomination) in order that you may be successful. Shaytan wants only to excite enmity and hatred between you with intoxicants (alcoholic drinks) and gambling, and hinder you from the remembrance of Allah [god] and from al-salah (the prayer). So, will you not then abstain?” [Mentioned in Chapter Aal-Maidah 5:90-91]. This advice was given to mankind over 1400 years ago!!! Think of how timeless are the words of the Quran.
Gambling…. it's a mug's game
Gamble is death penalty..
Gambling should honestly be banned…
Your examples make no sense why would anyone want the additional volatility of two bets with the same ev when they don’t have infinite trials
But you DON’T get to play the 80% chance of $6.25 “infinite times”. That’s why your comparison is a bit absurd.
06:10 Again, 0.5% chance of $1000 is NOT the same amount as 100% of $5, YOU DO NOT GET TO PLAY INFINITE TIMES.
Your premise fails in the first minute. Gambling customers pay for entertainment value; I might pay to see a movie, I don’t expect the theater to give me 100% of my money back. Why would the casino give you all your money back after entertaining you?
Make the 5 dollars 500,000 and all the other values also multiplied by 100,000 and people will think very carefully about this question
Gamble Rap:
In my opinion casino gambling is a fraud. A slot machine is programmed to pay out after consuming hundreds or thousands of dollars. The only ones gambling are the bettors against eachother. Give it to charity and you'll get a nice warm glow. ☮️
Well now we know how our lives will end
Great video very informative
Yeah but I have a system.
Where is hidden dollar pounds
my gambling ass wanted the 80% 💀
Dear Sir › $5 is good price
Many people have trouble thinking abstractly, so they just can't comprehend probabilities.
But insurance spreads the catastrophic risk among millions of policy holders. People are willing to lose a little (premiums) to avoid losing their homes, life savings, etc.
Gamblers, on the other hand, are not investors. Science has shown that dopamine in addicted gamblers goes up when? Not when the outcome is revealed, or when the payoff is made. No. It shoots up when the bet is placed! THAT's what casinos are selling.
By the way, do casino resort owners run their businesses like cruise shops or amusement parks (keep the customers inside their business long enough to drain their $$$)?
10:17 all forms of gambling are set up in a that theyre guaranteed to make money UNLESS BLACKJACK BECAUSE YOU CAN COUNT CARDS AND BEAT THE ODDS
"A form of taxation to fund education" 😂 gotta appreciate the irony.
check your facts on where state run lottery money goes. despite what they say, it rarely goes to education.
Insurance is also a scam how can they win money and gambling. Insurance metel el casino
It takes years of hard work to understand the game,you expect to go play with 1000 dollars and make 50k over a weekend nooo,just like going for degree at university to start earning,same to gambling,a winning mindset, discipline to overcome variance.
Wait. Is your channel not related to the city of Wendover, NV? The city is famous for it's casinos and the Enola Gay began it's infamous flight to Hiroshima from there