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Topic: Can you trust a gambler with your money/savings? - page 9. (Read 1434 times)

legendary
Activity: 840
Merit: 1004
There are very responsible gamblers that you can trust with any amount of money. These individuals are self-controlled and gamble mostly for entertainment. But It would be very risky to give your savings to a gambling addict. When a gambler borrows to gamble, then he is close to addiction. Another sign of gambling addiction is using money meant for basic needs or personal savings to gamble. Just like other forms of addictions such as drugs, gambling addiction leads to financial mismanagement, hence they cannot be trusted with money.
hero member
Activity: 2996
Merit: 604
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?

If he is a compulsive gambler, then you can’t entrust him your funds or your savings because a gambler will always be a gambler in the first place. Once he lose his entire money, he won’t stop there but continue to chase his losses, and so your own money may be compromised too. He won’t stop gambling unless he has no means to gamble anymore. So to avoid future problems, one should avoid trusting a gambler once money is at stake. As long as he continues to gamble, your money won’t be safe.
legendary
Activity: 2212
Merit: 1947
~snip~

I think such a person should not be trusted with a financial position, and it's not that he is gambling, it's that he cheats his colleagues. How can you build a business with a person you don't trust? I think this is impossible, so I would not give a second chance to this guy because the likelihood that he will fail at some point because he is afraid to tell the truth is very high.
hero member
Activity: 1022
Merit: 667
Leading Crypto Sports Betting & Casino Platform
Actually no because again it is gambling and if you don't have a skill and knowledge how gambling works it is a huge problem too because there's a possible that the player who play your money makes a lot of reason that your funds is lose, also we know that gambling is all about luck and skills if you got a wrong timing there's a chance you might lose your savings, instead use the money for better investment than trying to play to a full risk game.
Exactly what happened with the ops story, the gambler who gambled his friends investment away gave a funny reason of having a health challenge, i will attributes gambling to high risk  activities and should be done only for fun. not a means to making quick money since gambling is associated with alot of negative outcome such as addiction, so is better to gamble with just spare money and with moderation.
hero member
Activity: 672
Merit: 557
Exactly, don't hire a gambler that works in your company as it will only make your company bankrupt, a successful gambler does not work, they are investing on their skills because they make a living in gambling. So those who have a gambling problem that are working in a company will only bring problem to the company, that's for sure.
Can't agree anymore, why should the gambler work in strict company that require you to work from 8AM to 5PM and you will boring for doing it everyday. Unlike if you're professional gambler, you can choose yourself when you want to work and how long it will, also you can play different game that will enjoy you.
member
Activity: 840
Merit: 23
It is not safe to trust a gambler with funds. There have been situations where companies have gone bankrupt simply because the owner indulges in an unhealthy lifestyle of gambling. The idea to gamble will start as means to get more funds to grow the business and possibly have enough to pay back the owner of the money that was kept in his custody.
 
legendary
Activity: 2422
Merit: 1036
Chancellor on brink of second bailout for banks
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Questions for discussion
- Are gamblers eligible to hold financial positions?
- Do problem gamblers deserve a second chance to hold a financial position?

Both no.

A gambler will always be a gambler no matter what they will do. A gambler can only be trusted when they got rehab and if maybe they stopped gambling for years already but aside from that, it's hard to trust your money into other people especially if they have a background in gambling. TBH, it's hard to answer this one because it's very subjective. You might encounter different scenarios like:

-you trusted your money to your friend who is a gambler and used your money to gamble but since you have been friends for a long time, you just forget about it and give him a second chance.
-you trusted your money to your friend who is a gambler and used your money to gamble. Even though you and the gambler are friends, you will not forgive him and you will not trust him anymore.

Overall, it will be the owner of the money who will decide if they will trust a gambler or not but for me, I will not trust my money to a gambler just to be safe.
hero member
Activity: 1498
Merit: 974
Bitcoin Casino Est. 2013
Actually no because again it is gambling and if you don't have a skill and knowledge how gambling works it is a huge problem too because there's a possible that the player who play your money makes a lot of reason that your funds is lose, also we know that gambling is all about luck and skills if you got a wrong timing there's a chance you might lose your savings, instead use the money for better investment than trying to play to a full risk game.
sr. member
Activity: 1960
Merit: 273
★Bitvest.io★ Play Plinko or Invest!
- Are gamblers eligible to hold financial positions?
- Do problem gamblers deserve a second chance to hold a financial position?

As long as what the gambler is doing is not related to the company's finances, I don't think there is a problem. but when there are attempts by gamblers to use company finances to gamble then it is a mistake.
for whatever reason, I think the owner of the company can judge how the trusted person works. is he lying or is he telling the truth?

A gambler should know their limits when playing in a casino. Don't be too greedy and push beyond your ability. it will damage itself, as well as the people around it.
copper member
Activity: 2744
Merit: 1250
Try Gunbot for a month go to -> https://gunbot.ph
I have thought of this as two things, whether the gambler can control his urges or not. It's just that. If you can see that he will be a liability in the long run because he cannot control the part with gambling that isn't his, it's just out of line already. I wouldn't trust him because he had already done something outrageous, gambling on somebody else's money, and thought it was a good idea. I wouldn't trust that dude for sure.

If the gambler were responsible enough to stop and know his limits, then it wouldn't be that hard to trust him with a specific amount of money. It's just going to be a risk, TBH. You wouldn't know what happens after that.

I think every person deserves a second chance. It's just that be careful not to expect too much.
full member
Activity: 1890
Merit: 101
1xBit 🏆 │ NotYourKeys.org
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?

This is the reason why we shouldn't entrust things related to money to just anyone, especially gamblers. I see here, what's wrong is your friend, why doesn't he investigate the person's history first, after all, we certainly know whether someone can be trusted or not. If I become your friend then I will immediately cut ties with that person and will never remember him again.
legendary
Activity: 3430
Merit: 1957
Leading Crypto Sports Betting & Casino Platform
There is a difference between normal gamblers and "problem" gamblers, but it is very difficult to determine if the normal gambler is turning into a "problem" gambler. I will say, when you recruit or appoint somebody... do a proper background check on the financial position of that specific person... to determine what the risk might be.

If this person had a good job before and he has been "black listed" ....then I will be hesitant to appoint him, because gambling might be one of the reasons why he was in that position. (Also add a question in the application form that will ask if this person frequently gamble... if he or she says NO ..... and you find out later that he or she lied, then you can dismiss them) 
hero member
Activity: 1022
Merit: 667
Leading Crypto Sports Betting & Casino Platform
The friend is not just a gambler but addict and also a liar too, because when the friend noticed the decline in the remittance of sales he attributed it to health challenges just to get the friend's sympathy. So yes i can trust a gambler with my money. but that is if the gambler act responsibly and discipline, there is nothing wrong with gambling and i can freely do business with a gambler but that is if the individual is not an addict that does not have control over their gambling behavior.
hero member
Activity: 2814
Merit: 576
There are so many different jobs and ways to make money, I don't think a gambler would be an ideal candidate for a position that deals with money.

A similar idea would be to have an alcoholic running a bottle shop. The temptation would be there all the time. I don't think the person would enjoy it anyway.

Exactly, don't hire a gambler that works in your company as it will only make your company bankrupt, a successful gambler does not work, they are investing on their skills because they make a living in gambling. So those who have a gambling problem that are working in a company will only bring problem to the company, that's for sure.
sr. member
Activity: 1666
Merit: 453
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?


- If the gamblers are not addicted into gambling institution whether crypto or land based, I think they are elgible
  to hold financial positions, especially if the gamblers doing it just for fun only unlike if others that have an addiction
  in the gambling due to the greediness they got as a players.

- Everybody deserve a second chance because nobodys perfect in this industry.
  Besides, if we do mistakes, surely in the end we get learn unto it 100%.

hero member
Activity: 952
Merit: 938
There are so many different jobs and ways to make money, I don't think a gambler would be an ideal candidate for a position that deals with money.

A similar idea would be to have an alcoholic running a bottle shop. The temptation would be there all the time. I don't think the person would enjoy it anyway.
legendary
Activity: 3052
Merit: 2313
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?


Depends on the gambler.

If he is an addict, then no. He is not to be trusted. If he can control himself and plays occasionally, then there won't be a problem. Addicts are dangerous and unreliable people. Money or something else, you just can't trust them. They need professional help immediately.

Addicted gamblers deserve a second chance, only if they accept the fact that they are sick.
sr. member
Activity: 2338
Merit: 338
~snip~

Questions for discussion
- Are gamblers eligible to hold financial positions?
That depends on your policy, but if you want to be safe, you should not allow a gambler to hold a financial position in your office as the temptation for him to spend the money of the company is very high. I'm not saying, all gamblers, but you should know the risk.

- Do problem gamblers deserve a second chance to hold a financial position?

If he made a mistake, you should fire him or give him a position that does not involve holding of funds.
hero member
Activity: 924
Merit: 728
1. This is not only about a gambler, but not a gambler person can run away with your money because of their greediness, they might you use your money to buy drug, alcohol etc that something can addict and expensive.

2. They have second chance, but they're shouldn't really 100% responsible with your money, perhaps they will only become an assistant on financial department rather than become the financial manager.
hero member
Activity: 1274
Merit: 585
Leading Crypto Sports Betting & Casino Platform
- Are gamblers eligible to hold financial positions?
i say no to trust a gambler even if it is your wife. because a gambler will always need money when he loses and when he holds money even though it is company money he will still make a deposit and think "sure i won after this and i will return the money". even though in gambling no one can beat the bookies.
so never entrust finances to a gambler.

- Do problem gamblers deserve a second chance to hold a financial position?
everyone deserves a second chance after making a mistake. however, if the error has the potential to repeat itself, it is better not to be given another chance.
if a gambler is given another chance after making a mistake, it will definitely happen again. because as i said, a gambler will really need money when he loses.
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