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Topic: Do you gamble because you don't have sufficient money? (Read 6138 times)

sr. member
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Yes it happens some people gamble because they don’t have stuff funds and to me it doesn’t matter, but do what ever you think is good for you, I know it is a risk but I can actually gamble with my lasts cash and it will turn out to good and even sometimes I lose i I will just continue and never to give up, gambling is not something you should with emotions
sr. member
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Gambling has been a pastime for many over the years, but research shows that the rich actually gamble less than those in the middle and lower classes. Though the wealthy have more disposable income that could potentially be used for betting and games of chance, they tend to be more conservative with their money. The rich focus on investments and assets that will grow their wealth over time, rather than risk large sums on the roll of a dice or turn of a card. Those in the middle class, hoping to strike it big and move up the economic ladder, are more inclined to try their luck in casinos.
legendary
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This means that rich people only see gambling as a place of entertainment to fill their spare time when they feel bored in the midst of their busy lives. Wink
That's true. They have money to gamble and it won't bother them if they go in a losing streak. While those that have just enough or don't do good with their living.

One lose and they're going to have an headache already. That's the reason why we tell everyone to gamble what they can afford to lose.

Because the rich are gambling because of boredom and they don't have to aim for the wins, they let the casino win and they are not emotional when they lose.

This is the difference in perspective between the poor and the rich, and if the rich have the mindset of the poor then I honestly don't believe that they will succeed in becoming rich, which means that the wealth that they have managed to get is because they have thinking skills that the poor do not have. Rich people engage in gambling because they feel financially capable and also have a certain amount of money that they can really afford to lose in exchange for entertainment, and one of the reasons why I strongly believe that it is unlikely for rich people to make gambling as a place to earn is because as I said above that they have different skills in how to think, usually they will only take opportunities if they really look reasonable to earn, while gambling runs full of uncertainty.

And this is why we always recommend not to overdo gambling, not least because it is unreasonable to put hope and faith in something that runs with great uncertainty in terms of generating winnings, but it is a fact that it is very difficult to advise poor people who try to use gambling as a place to change their fortunes, their hallucinations have gone too far to think that gambling can be used as a place to multiply their money and the reason may be because they have a stressful situation due to the financial problems they have in their lives.

Lastly I would say that there is no significant income with little effort. Wink
hero member
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Despite that this strength has been established long-term ago before now I think that the major reason some persons go into gambling it is because they really need a sufficient money and they know that gambling is a an instant money you can generate within a short time when the log of gambling is with you so I don't have much to contribute here because we all know that the objective of everyone who is into gambling is to make money, I know quite well that gambling is something that we Gamble based on different interior motive because what I have in mind to gamble might not be the same thing another person have in mind to gamble
Some times when I am out of cash, I normally consider to use my remaining money' to stake a game and if I get lucky to win by then I make a good return and become financially stable again, but other times when I am unlucky, I may not win the vet and there after lose all my money in the attempts.
So generally speaking you are right to say why most people gamble is because they want to make financial gains from their winning but in general that doesn't happen all the time as the tend to lose at some of the games and if you compare the ratio of winners and loser you will see that taking gambling as way of excape from financial crisis is never a good decisions.
hero member
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This means that rich people only see gambling as a place of entertainment to fill their spare time when they feel bored in the midst of their busy lives. Wink
That's true. They have money to gamble and it won't bother them if they go in a losing streak. While those that have just enough or don't do good with their living.

One lose and they're going to have an headache already. That's the reason why we tell everyone to gamble what they can afford to lose.

Because the rich are gambling because of boredom and they don't have to aim for the wins, they let the casino win and they are not emotional when they lose.
legendary
Activity: 2688
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Leading Crypto Sports Betting & Casino Platform
First how do you take gambling as? Some people take gambling as a fun and entertaining to them, why some people take gambling as a mins of earning money while you stake your's. The major part if you're among of the ones that gambles cause you want to earn from it, then you are actually gambling cause you're running out of money.

But for me I gamble cause it feels like fun and exciting to me betting on my club, so I don't bother much if I lose cause I'm not gambling to earn for a living. I know how some countries are battling cause of their economy and their financial stability, it makes people go in more into gamblings it seems like their mins of living with the economy.

So I won't blame people who gambles cause they don't have sufficient money, I rather blame their country and economy but if gambling is your hobby then you are also gambling for an sufficient money.

yes, I could bet that probably the ones that approach gambling trying to "make it" or change their lives for much better are the ones that don't have a lot of money to start with...
I could be wrong but if someone is rich and has the skills to stay rich they won't see gambling as their main source of income and all...

what do you all think?

Yes I am quite sure and believe with your opinion here that people who eventually dedicate themselves to engage in gambling with the intention of making a lot of winnings are those who have a bad financial situation in their lives, they think that gambling can improve their lives or even they think that gambling can turn them into rich people, although the idea can never be justified by common sense but this is what most likely can happen when someone is experiencing financial pressure in his life which is possible for them to justify any means just to make money even if the method does not make sense.

This is also the reason why I don't believe that rich people make gambling a place to earn, because usually rich people have a rational mindset in every response and respond to everything before finally making a decision which is the skill they have that indirectly brings them to become rich people, and also usually rich people always calculate everything by looking at various sides where if there is no reasonable profit potential then they will not do it, and this is why I believe that it is unlikely that rich people make gambling a place to earn because after all there is always no guarantee and certainty to always be able to make a profit.

This means that rich people only see gambling as a place of entertainment to fill their spare time when they feel bored in the midst of their busy lives. Wink
hero member
Activity: 2996
Merit: 609
First how do you take gambling as? Some people take gambling as a fun and entertaining to them, why some people take gambling as a mins of earning money while you stake your's. The major part if you're among of the ones that gambles cause you want to earn from it, then you are actually gambling cause you're running out of money.

But for me I gamble cause it feels like fun and exciting to me betting on my club, so I don't bother much if I lose cause I'm not gambling to earn for a living. I know how some countries are battling cause of their economy and their financial stability, it makes people go in more into gamblings it seems like their mins of living with the economy.

So I won't blame people who gambles cause they don't have sufficient money, I rather blame their country and economy but if gambling is your hobby then you are also gambling for an sufficient money.

yes, I could bet that probably the ones that approach gambling trying to "make it" or change their lives for much better are the ones that don't have a lot of money to start with...
I could be wrong but if someone is rich and has the skills to stay rich they won't see gambling as their main source of income and all...

what do you all think?
For those who arent that fortunate or something that living on an average life when it comes to financial aspect or condition then it would really be that very normal that there would really be that kind of some sort of kind of wishful thinking about being a winner in gambling and could changed up their lives via hitting those huge multipliers or hitting up those jackpots on which on the time that you would really be finding yourself having this kind of mindset then it wont really be shocking that you will really be that ending up on spending up more on gambling and since we know that gamblers do always sits down on the loser side then this is where you would really be starting to make out those kind of regrets in the end that you shouldnt have been that spending too much money with it.
Just like on what everyone is really that saying that people would really be stopping on the time that they would really be experiencing those hard situations and not into those moments that
they are still on the verge of losing that on small parts.
legendary
Activity: 2506
Merit: 1113
There's no need to be upset
First how do you take gambling as? Some people take gambling as a fun and entertaining to them, why some people take gambling as a mins of earning money while you stake your's. The major part if you're among of the ones that gambles cause you want to earn from it, then you are actually gambling cause you're running out of money.

But for me I gamble cause it feels like fun and exciting to me betting on my club, so I don't bother much if I lose cause I'm not gambling to earn for a living. I know how some countries are battling cause of their economy and their financial stability, it makes people go in more into gamblings it seems like their mins of living with the economy.

So I won't blame people who gambles cause they don't have sufficient money, I rather blame their country and economy but if gambling is your hobby then you are also gambling for an sufficient money.

yes, I could bet that probably the ones that approach gambling trying to "make it" or change their lives for much better are the ones that don't have a lot of money to start with...
I could be wrong but if someone is rich and has the skills to stay rich they won't see gambling as their main source of income and all...

what do you all think?
hero member
Activity: 980
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People gamble for different reasons,some persons gamble to make more money while they already have money,some gamble to win money because they are poor and need money,other people gamble for fun,and just enjoy gambling because it gives them joy whenever games are being played.
Gambling has to deal with your own intention,and your intentions will make you gamble the way you want.
I gamble because I haven't had enough money,I need money for many things,and if I should win big,I won't quit gambling,I will continue to gamble because gambling gives quick money,and the money it gives carries no stress.
Since the reasons why we gamble are numerous, we just have to understand that gambling is all about choice. There are people that would want to gamble when they don't have money and they see gambling as a way to make money when they are broke.

This kind of reason is still pretty good for people that see gambling in this way compared to something that see gambling as a means of survival. We need to be very careful when we are gambling so we don't become curious because we have bills to pay and we quickly want to make fast profits for survival. Whatever reason we gamble is left for us but we need to take risk management.
hero member
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People gamble for different reasons,some persons gamble to make more money while they already have money,some gamble to win money because they are poor and need money,other people gamble for fun,and just enjoy gambling because it gives them joy whenever games are being played.
Gambling has to deal with your own intention,and your intentions will make you gamble the way you want.
I gamble because I haven't had enough money,I need money for many things,and if I should win big,I won't quit gambling,I will continue to gamble because gambling gives quick money,and the money it gives carries no stress.
Different reasons but it would really be ending up on the same one on which it would really be that pertaining on how to make money and this is something that would really be that so normal approach for most gamblers. The only issue on here is that when people do really tend to engage with it they do lost their control and due to greed then this is where gambling business is really that profitable due to this very reason.
This is why its never been that ideal that you would really be that doing gambling not for the sake of income making but rather you would really be doing it for the sake of fun. It might really that sound too easy but on the time that you would really be on such condition or situation then it would really be that so damn hard to have such control and you would really be ending up on the different condition.
Gamble for fun and not for the aim on making money because people do mess up their life because of these kind of delusional approach towards it.

Absolutely true, many people lose control, forgetting why they came to gambling in the first place.
That's why so many ways have been invented to protect yourself. Starting from playing only with a certain percentage of your earnings, and ending with sticking a banknote on your laptop so as not to forget what if a gambler loses money in a casino. Then he is not playing with numbers on the screen, but with real money.
I think you just need to have good self-discipline and be able to stop in time, then everything will be fine.
full member
Activity: 504
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Despite that this strength has been established long-term ago before now I think that the major reason some persons go into gambling it is because they really need a sufficient money and they know that gambling is a an instant money you can generate within a short time when the log of gambling is with you so I don't have much to contribute here because we all know that the objective of everyone who is into gambling is to make money, I know quite well that gambling is something that we Gamble based on different interior motive because what I have in mind to gamble might not be the same thing another person have in mind to gamble
legendary
Activity: 2226
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People gamble for different reasons,some persons gamble to make more money while they already have money,some gamble to win money because they are poor and need money,other people gamble for fun,and just enjoy gambling because it gives them joy whenever games are being played.
You are right. Not everyone gambles purely to earn money, some people may gamble for other reasons. Some rich people probably gamble for fun, they don't think too much about earning money because they have enough money. People who have established financial stability may just try luck on winning the prizes on gambling, they don't chase winning but just playing gambling normally. In many cases, only people with unstable financial status who try hard to win the prizes, they sometimes gamble excessively because of hoping too much on earning money. I'm not trying to categorize the gambling goal based on an individual's economic level, but this is a fact that really happens in our life. Sometimes, people who don't understand the chance to win gambling, they think it is the way to change their economic level. But we know this is the wrong way because gambling is actually an entertainment purpose. If we really expect to earn money regularly, it is better to try a day trading.

Gambling has to deal with your own intention,and your intentions will make you gamble the way you want.
Indeed. What the goal of our gambling, it should depend on our intention. It also determines the way of our gambling, the intention has a big role. If we have an intention to make money, we may try to gamble as often as possible because we will chase the wins. Meanwhile if we gamble for fun, we may gamble when we have spare time only. It is because we don't force ourselves to win the prizes in gambling.

hero member
Activity: 798
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I was in argument with someone. His view is that people who gamble are those that what they have is not sufficient for them and so they try to make more money from gambling. He said if you have sufficient money to take care of your needs that you won't think of gambling. He made reference to some rich people, who don't gamble because they have sufficient money to even gift to charity
This is true to an extent, Yes majority of gamblers I have met in my area and other places i have been to and in contact with are basically people looking for way to make money from gambling and don't have enough of funds.

but that those rich who still gamble are only addicted to it not just because of the money. Therefore, that the percentage of the rich gambling is very small compared to those in middle class and lower class.
So my question is, is the percentage of the rich gambling lower than the middle and lower class?
I don't agree to this ,some of the rich gamblers I know don't gamble because they're addicted to gambling but rather for fun and another side income for them because if they win they have this opportunity of wining bigger money beacause of the amount of funds they have, vers versa, even big men I know don't play like the ordinary gamblers in the street ,they risk when their chances of winning is on the high side.
hero member
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People gamble for different reasons,some persons gamble to make more money while they already have money,some gamble to win money because they are poor and need money,other people gamble for fun,and just enjoy gambling because it gives them joy whenever games are being played.
Gambling has to deal with your own intention,and your intentions will make you gamble the way you want.
I gamble because I haven't had enough money,I need money for many things,and if I should win big,I won't quit gambling,I will continue to gamble because gambling gives quick money,and the money it gives carries no stress.
Different reasons but it would really be ending up on the same one on which it would really be that pertaining on how to make money and this is something that would really be that so normal approach for most gamblers. The only issue on here is that when people do really tend to engage with it they do lost their control and due to greed then this is where gambling business is really that profitable due to this very reason.
This is why its never been that ideal that you would really be that doing gambling not for the sake of income making but rather you would really be doing it for the sake of fun. It might really that sound too easy but on the time that you would really be on such condition or situation then it would really be that so damn hard to have such control and you would really be ending up on the different condition.
Gamble for fun and not for the aim on making money because people do mess up their life because of these kind of delusional approach towards it.
sr. member
Activity: 406
Merit: 250
People gamble for different reasons,some persons gamble to make more money while they already have money,some gamble to win money because they are poor and need money,other people gamble for fun,and just enjoy gambling because it gives them joy whenever games are being played.
Gambling has to deal with your own intention,and your intentions will make you gamble the way you want.
I gamble because I haven't had enough money,I need money for many things,and if I should win big,I won't quit gambling,I will continue to gamble because gambling gives quick money,and the money it gives carries no stress.
hero member
Activity: 756
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It is really true that having extensive knowledge is not a guarantee to get earnings. That's why it's better to gamble for entertainment only. Now there are enough or not many people who do that in gambling, gamblers.

So we are just a game to have fun, just don't be the way or allow things that are not good that can push us into addiction that can also destroy us in the end, instead it should be a good result in the end.

I don't agree with with what your opinion, knowledge will fetch you money if you use it in the direct course. Imagine having a demanding skills where you can offer gigs and it's gig that you can't do one day with having customers trooping into your dms for work, you will sure make money, this is why it's good to have the right knowledge for the right purpose and don't just seek any knowledge.

As for gambling for entertainment, I will believe your opinion if you actually mean it but deep down, we all know what we are doing and we know why we gamble but nobody want to admit why we gamble. It's like saying Alcohol make you sober and you don't want to admit that it can actually do a lot of damage to your liver. Gambling is money making machine for majority.
hero member
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It's right to know that most rich gamblers have a bigger expenses on their end, which makes them to go for gambling. However, most people are not organized enough to handle the disputes gambling could cause to a rich person. Addiction is a gambling obstacle for everyone who don't look into how they gamble, both rich and poor. It's certainly truth that some low income players engage in gambling for the funds. Yet, the goal for gambling shouldn't be anything like that, it's more stressful for a player to only focus on making money. If rich players can take loan for gambling, that means gambling behavior is similar for all gamblers. Both the rich and poor also take loans for gambling.

Looking into gambling as a place to earn is not the right thought. Players need money to gamble not just time. A person with little funds on him would focus on other reliable means of making a living. We all need to win, that's certain, a player must win. But not often. Gambling with the last card or on low income, puts lots of pressure on the player. He, may lose them all, what next would he do other than taking loans. Those who gamble because they have insufficient funds are risking their financial status. The rich have no such reason because they've got enough money to wager. But a person who is not sure of his moves after losing all that money in gambling will have himself to blame. The stress, discomfort, and anxiety that comes with losing all we've got in gambling will fall on the player.

That's right, addiction applies to anyone who does treat gambling inappropriately, of course people who are addicted to gambling are people who gamble unhealthily, such as with excessive expectations on gambling that should not be. This is not only experienced by the poor, but even with those who are rich it can happen, it's just that perhaps many are those who have financial problems or middle class. I agree with you, people who gamble with the aim of making money are not right, because the possibility of losing is more likely to make them stressed by not being able to accept the money they bet is lost.
Realizing that gambling is not a means to make money is something that must be done, to avoid greater losses. The number of those who are stressed out because of losing is also based on their own mistakes in gambling excessively.

Whenever a person gambles excessively, automatically they are making mistakes and that's not good. Personally, I perceive gambling as an activity that's not meant to be abused. However, when a gambler is mainly interested in getting himself into gambling for money, they're also pulling the strings of mistakes. Because when they lose out it's not simple to bear the pains. Could you think of when a player despite possessing little amount of money, participates in gambling, hoping to win big and triple his little amount of money.

These things have no difference although addiction work differently on people, but similar outcomes are being expected by both the rich and the poor. Everyone on this category of excessive gambling bear same mistakes of regrets and loss of control. I wouldn't ask anybody to gamble when they've got little amount of money on them. It's quite unbearable to retain our complete emotions after going broke due to gambling. Also, it's not certain that the player wouldn't wager again, immediately he gets some funds. Hence the struggle of winning continues, no new lessons are being learnt by such gamblers. So, its left for responsible players to learn from the mistakes of compulsive gamblers, never to be in similar situations.
sr. member
Activity: 1022
Merit: 368
I was in argument with someone. His view is that people who gamble are those that what they have is not sufficient for them and so they try to make more money from gambling. He said if you have sufficient money to take care of your needs that you won't think of gambling. He made reference to some rich people, who don't gamble because they have sufficient money to even gift to charity but that those rich who still gamble are only addicted to it not just because of the money. Therefore, that the percentage of the rich gambling is very small compared to those in middle class and lower class.

So my question is, is the percentage of the rich gambling lower than the middle and lower class?

People don't gamble because what they have is not enough for them, gambling is not only about sufficiency as the person that your engaged in the argument said, it is all about what people want, this is just a behaviour, although there are greedy gamblers who already have money and feels that they can make more money through gambling.
There are rich gamblers and they don't come open to tell us that they are gambling thats why it looks as if they are few.

 sincerely many rich people we see today are gamblers, they donate money to charity and also do other meaningful things but they gamble, why thing we should know is that rich people have a high stake on a small odd, they even understand gambling more than poor and average people is just that their approach towards gambling is different.
newbie
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First how do you take gambling as? Some people take gambling as a fun and entertaining to them, why some people take gambling as a mins of earning money while you stake your's. The major part if you're among of the ones that gambles cause you want to earn from it, then you are actually gambling cause you're running out of money.

But for me I gamble cause it feels like fun and exciting to me betting on my club, so I don't bother much if I lose cause I'm not gambling to earn for a living. I know how some countries are battling cause of their economy and their financial stability, it makes people go in more into gamblings it seems like their mins of living with the economy.

So I won't blame people who gambles cause they don't have sufficient money, I rather blame their country and economy but if gambling is your hobby then you are also gambling for an sufficient money.
legendary
Activity: 2506
Merit: 1113
There's no need to be upset
Most rich people are into gambling not mainly to earn money but for other reasons. Hence, they don't have the desire to gamble all the time. They usually select what game or sports they will venture into. In most cases, the sports they are passionate about. But for most gamblers in the middle class or poor, as long as they see good opportunity, they will bet on it.

But for those people who gamble just because they want to earn money, gambling will be detrimental to their small money left.

No way! I refused to believe your first paragraph. It's like you are saying rich people goes into business because they don't like money but because they just want to make the money, that's not true. Gambling is place primary for making money, any one can change their opinion but that's the truth and nothing but then truth. However, a rich person might be playing for fun and less motivation for money like the way a poor person would have in the first place.

If the casino are doing it for free, I'm sure they would by now be out of the he business, they are there to make money because they spend money on marketing to get your attention, they pay you when you win and they get paid when you lose and that's how it work continuesly until you either win them or you lose everything to them.
Huppercase gambling is a business venture for the operators but in this context of discussion what the above statement means is gambling in the aspects of the gambler and not the casino Operator, so for the gambler, gambling shouldn't be taken as a place to make money, but where to have fun because the casino system is developed in a way that most games outcome is to favour the house that is the reason there is house edge so any gambler that takes gambling winnings as means to make money will be disappointed in the end since the outcome will always favour the casino and not the gambler.
The way the whole system is designed, I believe it's to actually favor the house as it's clearly a business that the Gambling industry is built on and in every business, the owners are the ones expected to make lots of profits so everyone gambling should just see their selves as business consumers trying to patronize someone business because that's the only valid context on how we can see that this thing.

the house will never lose. period
they are the game makers
and in these kind of games they leave no loopholes
that is a given, will be different in such a small number of cases that I wouldn't bet on this.

but still possible for normal users to win in some cases...
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