Can you trust a gambler with your money/savings? - page 4.

Despairo

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Quote from: TopT3ns on June 25, 2022, 07:11:58 PM

therefore gambling places have a very high risk and can't be used as a place to store money, if you want to save money for a very long time maybe you can use an online wallet such as a blockchain wallet or others.

Lol talking about the safe place to hold coins and recommend online wallet is a wrong suggestion, you need to use a hardware wallet or cold storage if you want to ensure the security is close almost 100%.

Quote from: danherbias07 on June 26, 2022, 12:25:29 AM

Responsible men focus more on making money in a less risky way so they will not jeopardize their careers over their hobbies like gambling. If ever an employee is gambling on a large scale and it affects his responsibilities at work then he should definitely not be trusted anymore.

But you can't earn to much since you earn through less riskier, usually this is a man who work in a company or work hard. Some people do taking a risk to earn more e.g. businessman and they're work smart, not work hard. Build a business is hard, but after your business already bring profit and steady income, you're no longer work hard.

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Quote from: Ahli38 on June 25, 2022, 11:35:09 PM

But the fact is that most people who have a great sense of responsibility are those who gamble a little.

I like that last line so I quoted it. And I think it is true.
Responsible men focus more on making money in a less risky way so they will not jeopardize their careers over their hobbies like gambling. If ever an employee is gambling on a large scale and it affects his responsibilities at work then he should definitely not be trusted anymore.
But, giving them a chance should be considered as it could be for other reasons why he is doing it.
Correcting a mistake, not firing them because they turned on the wrong path.

Ahli38

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I think this is a matter of someone's professionalism. because even if someone has a great sense of responsibility towards the work or business he manages or is entrusted to him (professional) then even though he is a gambler then of course the business will stay on track and will not be affected by his habits in gambling. so the conclusion is on the person himself. is he a person who has a great sense of responsibility even as a gambler? Or is he someone who lacks a sense of responsibility? .
although there is someone who is not a gambler, but he is a jerk or has no sense of responsibility. then any kind of business or any work that is handed over to that person will surely be destroyed.
because I met many gamblers who were good at managing the business. and he knows how to manage his finances.
But the fact is that most people who have a great sense of responsibility are those who gamble a little.

TopT3ns

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Quote from: blackened515 on June 25, 2022, 06:43:38 PM

I hardly trust a gambler, especially when it comes to handling funds. Because a good number of them are addicted to gambling. And don't have limit when gambling. I know a friend of mine who got into huge financial debt, because he kept borrowing money from people which he probably used to gamble. And usually ends up losing. However, he wasn't able to rise enough money to clear his debt, and sold out some if his property.

I think it's impossible for a gambling place to be able to provide money security, meaning that the possibility can be lost when you predict wrongly and at a gambling place you can only give 2 choices, you can get rich instantly or you can also be poor instantly, therefore gambling places have a very high risk and can't be used as a place to store money, if you want to save money for a very long time maybe you can use an online wallet such as a blockchain wallet or others.

minime0105

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Quote from: blackened515 on June 25, 2022, 06:43:38 PM

I hardly trust a gambler, especially when it comes to handling funds. Because a good number of them are addicted to gambling. And don't have limit when gambling. I know a friend of mine who got into huge financial debt, because he kept borrowing money from people which he probably used to gamble. And usually ends up losing. However, he wasn't able to rise enough money to clear his debt, and sold out some if his property.

the worst aspect of it is to borrow money for gambling and this actually happened when someone is addicted to gambling so therefore people who borrowed money for gambling is people that know exactly what the prophet in gambling and also been addicted to it so we should not blend them because it is what the choice by the doing but the only mistake I wish not try to do is to know that this person is to know is there a gambler and will lead or borrow the person money to play Gamble it is quite wrong from my understanding.

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Quote from: Piesel on June 25, 2022, 05:24:33 PM

I think the friend who entrusted the gambling addict with a business manager made a big mistake, he should have at least check on his friend's excessive handling of the business finances.

Indeed he made a big mistake, he doesn't need to check the background. The tag gambling addict states it all. But being a gambler alone does not constitute that a person is already an addict. There are people despite being a gambler are more trustworthy than a religious leader in terms of fund handling.

Quote from: robelneo on June 25, 2022, 06:33:41 PM

He doesn't deserve a second chance if he is not yet cured like what I posted it's the addiction that's holding him to hold that position cure himself first then he gets that position if he deserves it.

I agree! Companies do not rehire people that they terminated. There is no second chance in business.

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Quote from: Piesel on June 25, 2022, 05:24:33 PM

The possibility of a gambler misusing your money is high so my answer to the title of this topic is no I can't trust a gambler with my money, I think the friend who entrusted the gambling addict with a business manager made a big mistake, he should have at least check on his friend's excessive handling of the business finances.

I think things shouldn't be confused, if a person likes games of chance he is free to play and post as long as he is not breaking the laws of his country and the TOS of casinos and the person cannot be discriminated against, being so this person is entitled to a job and in employment he cannot be crucified or criticized just because he plays. Now, if the person is proven addicted and the doctor says that he is not in a position to work or in a position to work in a money-related sector, then it is fair that companies do not hire him because he is sick. But if he improves and the doctor says he is better and can work, then companies have an obligation to accept that he works

blackened515

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I hardly trust a gambler, especially when it comes to handling funds. Because a good number of them are addicted to gambling. And don't have limit when gambling. I know a friend of mine who got into huge financial debt, because he kept borrowing money from people which he probably used to gamble. And usually ends up losing. However, he wasn't able to rise enough money to clear his debt, and sold out some if his property.

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Quote from: Rruchi man on June 23, 2022, 05:51:57 PM

Questions for discussion
- Are gamblers eligible to hold financial positions?
- Do problem gamblers deserve a second chance to hold a financial position?

If they are compulsive gamblers they should not be considered in that position, but he deserves it if he is capable its not really the person but his addiction that stopped him from holding that position, if he can show to the management that he is totally cured then he should not be discriminated for holding that position.

He doesn't deserve a second chance if he is not yet cured like what I posted it's the addiction that's holding him to hold that position cure himself first then he gets that position if he deserves it.

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Quote from: Piesel on June 25, 2022, 05:24:33 PM

The possibility of a gambler misusing your money is high so my answer to the title of this topic is no I can't trust a gambler with my money, I think the friend who entrusted the gambling addict with a business manager made a big mistake, he should have at least check on his friend's excessive handling of the business finances.

I’m wondering why you need someone to gamble for you? I don’t see any sense here since gambling is a game of luck and there’s no real strategy that makes you more profitable because gambling will always be in favor to the house. Now if you are not qualified to gamble, better no to try anymore and just follow the rules instead of using your money and trusting someone you don’t actually know. I also NO to this, and I will never use my savings for gambling.

DoublerHunter

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Depending on person's lifestyle and mental health, financial position can be suitable for gamblers too. Unless the person has control over his emotions and gambling style, trusting him with your money is not easy decision. He can go casino to chase losses with other people's money and lose it for doing stupid bets. Better to keep things under control in such situations and test person's responsibility level.

^ I think the best is a financial position in which is you have a guarantee that the person whom you trust will pay once the money will be lost due to gambling. Even though it is a gambler or not you should not trust anyone else with your money, the temptation of money is quite high because every one of us needs that. So the assurance could be the financial status and the lifestyle he has because everyone has a bright decision we know how to value others' trust not to destroy because once trust has been broken, it will never be healed like as before.

Piesel

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The possibility of a gambler misusing your money is high so my answer to the title of this topic is no I can't trust a gambler with my money, I think the friend who entrusted the gambling addict with a business manager made a big mistake, he should have at least check on his friend's excessive handling of the business finances.

sovie

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Quote from: 3meek on June 25, 2022, 10:02:18 AM

I once had a friend who started playing slots And he visibly degraded... He had the look of a crazy person, he had a lot of debts... His social circle also changed, especially when casinos became illegal in my country... Anyway, we stopped communicating with him and he didn't pay me back, it's been more than 10 years... So I think any kind of addiction affects the psyche...

That is strange - did you not reach out to your friend to know in what condition he is.
Maybe he needs help. But Gambling is a trouble for those who often loose. And a blessing for those who are winner. So in both the case one should not lose the control on oneself.

KTChampions

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On the one hand, trust does not require constant monitoring, but on the other hand, if you are in business, then you should control everything more carefully, even if your friends are involved. If the OP's friend had controlled his business more carefully, it would not have been on the verge of collapse.

Quote from: Peanutswar on June 25, 2022, 10:23:12 AM

Before playing gambling I already know the possible risk that's why I have a gambling plan first there's a specific amount of deposit I need to do example is around $200 for a day and make a limit of $1000 as the goal but if at the end of the day i didn't reach this specific amount i call this for a day, and the stop loss of playing gambling is when i reach the 25% of my total deposits after that i made the next game for the next day. We know how emotions really affect us playing gambling that's why it is good if you are still capable control yourself in this kind situation.

Good algorithm, but how does this relate to the topic of the thread? Grin

Or are you implying that you are the right gambler who can be trusted because you have stop losses, which means you will not lose all the money?

famososMuertos

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Hi,
I don't know how this issue is directly related to the gambling board...in fact when I read its title I thought of the classic of paying money to a third party to bet it, I wouldn't do it, I do it, but in the world of poker participation in tournaments is sold there are even forums where certain players with a very good reputation sell the buy-in.

At the level of great players Daniel Negreanu does it and when he does it they sell like hot cakes. I've seen people put their savings into these kinds of things.

Now what you are asking about is something that for a company depends on the human resources department, in the case of hiring at the individual level, common sense.

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Before playing gambling I already know the possible risk that's why I have a gambling plan first there's a specific amount of deposit I need to do example is around $200 for a day and make a limit of $1000 as the goal but if at the end of the day i didn't reach this specific amount i call this for a day, and the stop loss of playing gambling is when i reach the 25% of my total deposits after that i made the next game for the next day. We know how emotions really affect us playing gambling that's why it is good if you are still capable control yourself in this kind situation.

3meek

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Quote from: dataispower on June 24, 2022, 12:10:52 PM

Quote from: 3meek on June 24, 2022, 12:02:27 PM

If a person has any kind of addiction, whether it's drugs, alcohol or gambling, he cannot be trusted at all... It's a psychological disorder, and it's a long time since the nice guy you knew before... All the more reason not to trust such a person with money or valuables... There have already been many examples of people degraded by bad habits...

gambling is not psychological disorder because it is a competition that earns money which whenever it happens money involved so I would like to say that addiction of alcohol will contribute to psychological disorder why addition in Ros can also contribute for psychological disorder because the function is limited like function of gambling gambling is just to a process of getting money from another person due to arguments and prove so I don't think that it can cause disorder but it will make you to lose whatever thing you have if you are totally addicted to it.

I once had a friend who started playing slots And he visibly degraded... He had the look of a crazy person, he had a lot of debts... His social circle also changed, especially when casinos became illegal in my country... Anyway, we stopped communicating with him and he didn't pay me back, it's been more than 10 years... So I think any kind of addiction affects the psyche...

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Quote from: sayaya17 on June 25, 2022, 05:25:02 AM

Quote from: michellee on June 24, 2022, 11:16:04 PM

Quote from: Rabi3 on June 24, 2022, 07:41:05 PM

I think it's really hard to trust a gambler with your money, i had access before to some money that belong to my brother and I used it to gamble and get a profit multiple times and of course I lost half of it once and I had to find ways to give the money back, from this experience I find it hard for me to even trust myself with other people's money, so in my opinion, you can't trust a drug addict with drugs and you can't trust a gambler with your money.

It depends on the gamblers themselves because if they can stop gambling or at least be responsible for themselves and not use other people's money, we can try to believe it. But it's hard to give trust to people who have wronged us and it takes time. Maybe the person who has wronged us should try to correct himself first before accepting the trust of others. Everyone has the right to get a second chance but it depends on how much intention that person has to change for the better.

All gamblers are not equal, we cannot judge all gamblers are bad and do not deserve to be given the opportunity to manage money.
I think it's just an addicted gambler, which we absolutely shouldn't give any chance to manage money. I agree with you, a person who
can be responsible for himself, can always control himself when gambling. To be honest, I have a friend who always gambles whenever
he has free time, but his finances remained stable and did not lack money to meet daily needs. This means that my friend is a responsible
gambler, he can limit the money to gamble. Usually based on the results of my research, most responsible gamblers always know when it is
time to stop gambling and are not obsessed with winning. So responsible gamblers deserve to be given the opportunity to control other
people's money.

Gambling should never be taken as a income source. Most of the times gambler never control his mind as a result he lost his assets. It should be considered as entertainment otherwise nothing. If a gambler is not desperate then no problem but if he is addicted in any way he would be irresponsible one, there will have no perfection. Addicted gamblers can never keep their commitment, especially financial issue.

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Quote from: Rruchi man on June 23, 2022, 05:51:57 PM

True life Story.
A friend i know recently narrated to me how his business almost collapsed due to trust he had for another of his friends who he thought he was helping by recruiting him to manage one of his Retail outlets. He narrated how having put him in charge of that point started observing a decrease in the the profit from there intended for savings and reinvestment. He confronted him severally to know what the problem was, but his friend attributed it to being ill and needing drugs, until one faithful day when he ran into him in a betting shop during working hours betting on virtual football games, how disappointing!

Questions for discussion
- Are gamblers eligible to hold financial positions?
- Do problem gamblers deserve a second chance to hold a financial position?

It actually depends on how severe are the gambling habits of that person. If he is an addict I would never trust him even when I am high AF.
But if he does casual gambling may be then we can put a little trust on him and monitor the results on regular basis.
But once we see that the results are not positive and if we find out that he is using the money for gambling instead then never trust him back again.
He doesn't deserve a second chance.

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Quote from: lionheart78 on June 25, 2022, 06:55:24 AM

Quote from: Welsh on June 24, 2022, 03:38:24 PM

~

Perfectly said! I was swindled by my trusted friend (known him since high school) when he offered me to invest in his business. I rejected the offer instead I lent him the needed money without any interest and told him that I will get it back after 2 years. Two years came and I talk to him about getting my money back. He promised to pay it in parts. Another 2 years passed, the money was not returned and I was put on ignore. I lost around $8k interacting with this guy's business.

I have also experienced something like this, I was tricked by my friend since childhood, he promised ROI in a year but until now what I received was only 45% of the promised ROI, I have lost contact with him

Quote from: lionheart78 on June 25, 2022, 06:55:24 AM

The point here is that it doesn't need for a person to be a compulsive gambler to rekt someone. Anyone can steal and cheat us but I don't agree about judging people that they will do bad things because they are a gambler since we do not know what kind of people these gamblers are.

here I don't really agree with you, we know that gambling is something related to money, what is worried is when the gambler can't control himself and uses the company's money, that's where precautions need to be taken by not placing gamblers in the finance department

Topic: Can you trust a gambler with your money/savings? - page 4. (Read 1434 times)