Why do people gamble in Casinos?
I understand that it's fun but wouldn't it be more logical to trade FOREX or buy some pennystocks after doing research on them? - That way you still have the elements of "fun", "luck" and "a chance to strike it big" but also have much higher chances getting lucky from stocks than from the roulette table.
As in why don't people instead of gambling away thousands just take aside some spare money they do not care about, let's say $5k-10k and then try their best to make money with it without the emotional aspect attached and then if they lose, say Ok whatever and not care?
I only go in casinos if i happen to be walking past one while drunk.
Last time I walked out £500 worse off.
Don't worry, give it 50 more years and the Shariah in Europe will fix that.
>wouldn't it be more logical to trade FOREX or buy some pennystocks
No. That takes years and years of boring work for very small and unreliable returns. Gambling in a casino is for people that can afford to lose a few thousand having fun for the night. Just like drinking in a bar is for people who can afford to lose a few hundred having fun for the night.
Basically I got this idea when I watched the Louis Theroux documentary on rich guys who gamble. In the documentary there was people losing $10,000's a night and not giving a shit...
Wouldn't it be more logical for them to just dump that money into some bullshit penny stock or buy some retarded new cryptocurrency shilled on /biz/ ironically or something?
Surely if you dumped $10,000 in penny stocks every so often you would have far better returns than fucking around drunk in a casino?
the point is the amount they're gambling is an amount they don't give a shit about... why would a mega rich whale give a shit about investing in some penny stock on the chance of maybe seeing the numbers on his screen showing his 10k investment turning into 30k???
30k is nothing to him just as 10k is nothing to him...
the casino will treat him like a king, offer him anything he wants and he gets the short term buzz from winning/losing
>why would a mega rich whale give a shit about investing in some penny stock on the chance of maybe seeing the numbers on his screen showing his 10k investment turning into 30k???
Couldn't they do some shit where they imagine that this $10k is their life savings and their job is to make it grow to as much as possible? That way when when they get it to $160k they get an insane dopamine rush from 16x their "last money". But then if they lose it then they remember it doesn't matter to them anyway.
I've done this in some MMOs and it felt ok, not sure if much of a simulation for real life though. But I iamgine it could be very similar when you have that much excess cash.
Most people don't have fun spending years losing money and pouring over spreadsheets just to tun 10k into 0-11k after five years. Blowing it at the casino is actually fun. If 10k doesn't mean anything to you, why not blow it having fun. I mean, why did you bother making that much money if you refuse to use any of it for enjoying yourself?