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Topic: Do you gamble because you don't have sufficient money? (Read 7087 times)

sr. member
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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 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?

It depends how you look at it really and there is a pretty huge spectrum to cover. Those who have little money will either be a problem gambler spending all their spare funds or someone that is just doing it for a bit of social fun, not expecting a big win realistically - just hopeful. The same goes for the rich, who can get caught up in the same psychological and addictive behaviors, they just have a much longer trajectory until they fail. Sometimes it doesn't even take long for the rich to become poor as they are liable to just drop down bigger number bets than others. Gambling when you have little money is going to make you even more depressed when it inevitably fails.
Some people gamble for fun and some for money be it a rich or poor man. It is true that most gamblers don't gamble because they want to have fun and entertain themselves with it, but they gamble because they believe that it is possible for them to make profit from it. These set of gamblers will become addicted and might loss all they have to gambling if they don't quit early, either rich or poor.

Gamblers that use gambling for pressure are few and these are the set of gamblers that are enjoying gambling because they don't chase their losses and they always know when to stop the game. This is why it is not because of insufficient funds that is making a poor man to gamble. Your are poor those not mean that you are not happy and cannot have fun.

legendary
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There's no need to be upset
To me sometimes I do notice that the rich gamble more than the average people and the numbers of the rich that gamble is more than the numbers that does not gamble to me that is just what I feel in some countries because rich people gamble a lot because they are the one that have the money to gamble multiple times even when they are experiencing a lot of lost they still gamble but many people think that the rich doesn't gamble that much because they already have money that is not how it really work, because everyone that is rich or lose one to make more money and add more profit to themselves and add more money to what they are already making so I just feel like they still gamble no matter what and the gamble in a condition that you may not even believe sometimes rich are very addicted in gambling that is one thing I observe so that makes them can go more and more.

I think this is true because rich people will end up having more disposable income
if a person has more basic needs to fullfill like food and shelter it's a really small percentage that will end up giving in to gambling
most will try to get their basic needs sorted out first.
sr. member
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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.
That is a big fat lie. Human want are insatiable meaning that people don't get satisfied with what they have and will strive to get more. Even Elun Musk has never given up on hustling why would anyone think of given up because they have gotten what they want. Anyone who gamble even if he has enough money does that simply because he wants to try luck. If it plays then they become more richer but if it didn't, they also lose so there is no big deal.

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.
His explanation is wrong, the percentage of the rich gambling is not small compeard to the middle class. All are just mixed up which you wouldn't know the percentage of both. But I believe both the poor and the rich gamble. there is no segregation. gambling is not limited to some set of people but to all individuals regardless of class.

sr. member
Activity: 1078
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To me sometimes I do notice that the rich gamble more than the average people and the numbers of the rich that gamble is more than the numbers that does not gamble to me that is just what I feel in some countries because rich people gamble a lot because they are the one that have the money to gamble multiple times even when they are experiencing a lot of lost they still gamble but many people think that the rich doesn't gamble that much because they already have money that is not how it really work, because everyone that is rich or lose one to make more money and add more profit to themselves and add more money to what they are already making so I just feel like they still gamble no matter what and the gamble in a condition that you may not even believe sometimes rich are very addicted in gambling that is one thing I observe so that makes them can go more and more.
legendary
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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 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?

It depends how you look at it really and there is a pretty huge spectrum to cover. Those who have little money will either be a problem gambler spending all their spare funds or someone that is just doing it for a bit of social fun, not expecting a big win realistically - just hopeful. The same goes for the rich, who can get caught up in the same psychological and addictive behaviors, they just have a much longer trajectory until they fail. Sometimes it doesn't even take long for the rich to become poor as they are liable to just drop down bigger number bets than others. Gambling when you have little money is going to make you even more depressed when it inevitably fails.
There would be no sense that you would really be thriving on having that dealing up with gambling just because you dont have that enough money? There's no sense in regarding into that aspect.
This is why it would really be best that you should really be knowing on what are the things that you are really that dealing with because in speaking about gambling then we do know that this is really just that for the sake of entertainment and not something that you could really be that rely into it in regarding about making money because winning is really just that a bonus and not something
that you could really be making it as your main source of income. People are really just that delusional into the things that they are really that dealing with and this is the main reason on why
they do really end up on messing up their lives because of such approach.
hero member
Activity: 826
Merit: 481
Well more than 50% of gamblers always gamble because they don’t know much the cash going to last them so they go on gambling word and it get use to them, they even get addicted and more of their money go in, all because they are thinking they don’t have sufficient cash for their living and they go into gambling, I seen different kinds of people gambling because they don’t have enough money, but I don’t really think it a good idea.
That's not a good idea, but we also have to see that those who don't have money will definitely not gamble continuously unless they just play for free to get lucky there, because those who gamble every day are definitely people who have money. and they have even prepared special money for that. So even if they are addicted because they gamble very often, they won't experience any difficulties because they have set aside money specifically for this so it doesn't have any impact on their own lives.
The fact that it doesn't make sense to gamble for with the sole aim of gaining rewards, still on still about 90% of those that gamble are doing so because they want to make huge money quick and easy, this is why we have several gambling negative cases that tend to give the gambling market a bad image in public eyes.


Although we need to set the record straight a d also make sure that we don't make such mistake of ever taking gambling to mean a means of making income or the arrive at a financial freedom quick, but gambling should be done just to have fun and if we lose it shouldn't be a significant amount, and for that we have to learn to gamble with small amount.
legendary
Activity: 2506
Merit: 1113
There's no need to be upset
I gamble whenever I feel like whether I have money or not, as far as I want to have fun, even if I don't have money, I will just go to the gambling site or shop to borrow some money from and after playing I pay back but if they refused to lend me some money, I will have to go to my family's or friends for some money but when I borrow, I will have to gamble and pray to make sure I will win so that I will pay them from there but anytime I feel down or upset, I gamble even if I don't have money or even if I have some to get fun.
I think you are forcing yourself too hard to fulfill your desire to have fun at the gambling table, have you thought about the consequences of lending money to anyone? Do your friends and family know the money you lend them to gamble? I think if they knew they wouldn't have given the money. This is the same as if you were looking for income or money there. The risk of you choosing to borrow money from relatives is not recommended.

People who have fun gambling will not think about the money they lost and will replace it with someone else, this is their way of entertaining themselves before they play, they already know the risk of losing their money.

I think that when it comes to lending money in the game or borrowing money, that is something very delicate, the truth is that I do not recommend it because it is a double-edged sword, and even less so doing it in the game, of course I have my beliefs, which first is a very bad decision on an economic level and secondly its unwavering commitment to fulfill it in the stipulated time, then it is a very bad decision in reality, also if it is in the game it is not clearly in it since this could be a reason why we are going to be guaranteed to recover thanks to having Won, no , things don't work like that, which is why it is not advisable to do so.


also when lending or borrowing from some person you like you always risk ruining your relationship with them
better not doing it, for real
it's not worth it.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
I gamble whenever I feel like whether I have money or not, as far as I want to have fun, even if I don't have money, I will just go to the gambling site or shop to borrow some money from and after playing I pay back but if they refused to lend me some money, I will have to go to my family's or friends for some money but when I borrow, I will have to gamble and pray to make sure I will win so that I will pay them from there but anytime I feel down or upset, I gamble even if I don't have money or even if I have some to get fun.
I think you are forcing yourself too hard to fulfill your desire to have fun at the gambling table, have you thought about the consequences of lending money to anyone? Do your friends and family know the money you lend them to gamble? I think if they knew they wouldn't have given the money. This is the same as if you were looking for income or money there. The risk of you choosing to borrow money from relatives is not recommended.

People who have fun gambling will not think about the money they lost and will replace it with someone else, this is their way of entertaining themselves before they play, they already know the risk of losing their money.

I think that when it comes to lending money in the game or borrowing money, that is something very delicate, the truth is that I do not recommend it because it is a double-edged sword, and even less so doing it in the game, of course I have my beliefs, which first is a very bad decision on an economic level and secondly its unwavering commitment to fulfill it in the stipulated time, then it is a very bad decision in reality, also if it is in the game it is not clearly in it since this could be a reason why we are going to be guaranteed to recover thanks to having Won, no , things don't work like that, which is why it is not advisable to do so.
sr. member
Activity: 616
Merit: 274
I gamble whenever I feel like whether I have money or not, as far as I want to have fun, even if I don't have money, I will just go to the gambling site or shop to borrow some money from and after playing I pay back but if they refused to lend me some money, I will have to go to my family's or friends for some money but when I borrow, I will have to gamble and pray to make sure I will win so that I will pay them from there but anytime I feel down or upset, I gamble even if I don't have money or even if I have some to get fun.
I think you are forcing yourself too hard to fulfill your desire to have fun at the gambling table, have you thought about the consequences of lending money to anyone? Do your friends and family know the money you lend them to gamble? I think if they knew they wouldn't have given the money. This is the same as if you were looking for income or money there. The risk of you choosing to borrow money from relatives is not recommended.

People who have fun gambling will not think about the money they lost and will replace it with someone else, this is their way of entertaining themselves before they play, they already know the risk of losing their money.
sr. member
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I gamble whenever I feel like whether I have money or not, as far as I want to have fun, even if I don't have money, I will just go to the gambling site or shop to borrow some money from and after playing I pay back but if they refused to lend me some money, I will have to go to my family's or friends for some money but when I borrow, I will have to gamble and pray to make sure I will win so that I will pay them from there but anytime I feel down or upset, I gamble even if I don't have money or even if I have some to get fun.
hero member
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Leading Crypto Sports Betting & Casino Platform

That's not a good idea, but we also have to see that those who don't have money will definitely not gamble continuously unless they just play for free to get lucky there, because those who gamble every day are definitely people who have money. and they have even prepared special money for that. So even if they are addicted because they gamble very often, they won't experience any difficulties because they have set aside money specifically for this so it doesn't have any impact on their own lives.

I agree with you. Without money gambling is not possible. More precisely possible, but this kind of game will not allow you to feel the bright emotions as when playing for money.

Each of us chooses entertainment that he likes and most of these entertainments require money, whether it is a meeting with friends in a bar, traveling with a favorite woman or gambling. Those who don't have money find simpler entertainment like walking, watching TV, yoga, etc.

This means that gambling would not be fun if it did not involve money, and when someone wants to put and bet their money then that means they have certain intentions and goals that are not known, on the other hand I understand that everyone is free in terms of choice and there may be two goals that are the reason why gamblers come and bet, either come with the intention of seeking entertainment or to earn, But so far I believe that most gamblers come because of the opportunity to multiply their money, which means they try to make gambling a place to earn and we can see that the majority of gamblers are those who are down and that means they treat gambling in the wrong or inadvisable way.

There are various forms of entertainment, some require you to spend money like the type of entertainment you said whether it's meeting friends in a bar, traveling to a beautiful place or gambling, and there are actually quite a lot of other forms of entertainment that don't require you to spend money or take risks, meaning gambling once in a while maybe it's not a problem, but if someone gambles without having restrictions on the time of involvement then I'm sure that what they are looking for is not entertainment but winning.
sr. member
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Well more than 50% of gamblers always gamble because they don’t know much the cash going to last them so they go on gambling word and it get use to them, they even get addicted and more of their money go in, all because they are thinking they don’t have sufficient cash for their living and they go into gambling, I seen different kinds of people gambling because they don’t have enough money, but I don’t really think it a good idea.
That's not a good idea, but we also have to see that those who don't have money will definitely not gamble continuously unless they just play for free to get lucky there, because those who gamble every day are definitely people who have money. and they have even prepared special money for that. So even if they are addicted because they gamble very often, they won't experience any difficulties because they have set aside money specifically for this so it doesn't have any impact on their own lives.

I agree with you. Without money gambling is not possible. More precisely possible, but this kind of game will not allow you to feel the bright emotions as when playing for money.

Each of us chooses entertainment that he likes and most of these entertainments require money, whether it is a meeting with friends in a bar, traveling with a favorite woman or gambling. Those who don't have money find simpler entertainment like walking, watching TV, yoga, etc.
I also agree with you and think the rich/average will definitely gamble more than the poor and while also having more tendency of becoming more addicted than the poor without realising earlier, simply because the rich/average may usually see someone to lend them money even with interest while the chances of someone lending to a poor man/woman is lower, for there's no surety if they can pay back
No one can get rich by gambling but rich people use it to gamble money for entertainment. And poor people often want to use gambling as a source of income because many times they can win something very big from here. But rich people often use gambling as a place of entertainment. as poor people do not have enough money, they want to use gambling as a source and these decisions cause them more financial losses. So one should not take gambling seriously as a source of income. those who do so will be sure to lose big and become more addicted to gambling
sr. member
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So my question is, is the percentage of the rich gambling lower than the middle and lower class?

Well, he is actually very wrong. Percentage of rich people who gamble are the rich folks as they have even bigger money to funds their gambling activities to their taste. You see a lot of these rich guys in physical casino dropping a lot of deposit and even when they lose, they don't give up as they know if they win, it will definitely be a jackpot.
Lower class gamblers, usually knows how to manage their funds and even their gambling activities, they bet with little money and hope to get bigger ones back. The truth is that gambling should not be used as a way to earn a living but you can make good profits from gambling. These winnings have changed a lot of peoples lives.
sr. member
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Well more than 50% of gamblers always gamble because they don’t know much the cash going to last them so they go on gambling word and it get use to them, they even get addicted and more of their money go in, all because they are thinking they don’t have sufficient cash for their living and they go into gambling, I seen different kinds of people gambling because they don’t have enough money, but I don’t really think it a good idea.
That's not a good idea, but we also have to see that those who don't have money will definitely not gamble continuously unless they just play for free to get lucky there, because those who gamble every day are definitely people who have money. and they have even prepared special money for that. So even if they are addicted because they gamble very often, they won't experience any difficulties because they have set aside money specifically for this so it doesn't have any impact on their own lives.

I agree with you. Without money gambling is not possible. More precisely possible, but this kind of game will not allow you to feel the bright emotions as when playing for money.

Each of us chooses entertainment that he likes and most of these entertainments require money, whether it is a meeting with friends in a bar, traveling with a favorite woman or gambling. Those who don't have money find simpler entertainment like walking, watching TV, yoga, etc.
I also agree with you and think the rich/average will definitely gamble more than the poor and while also having more tendency of becoming more addicted than the poor without realising earlier, simply because the rich/average may usually see someone to lend them money even with interest while the chances of someone lending to a poor man/woman is lower, for there's no surety if they can pay back
legendary
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Well more than 50% of gamblers always gamble because they don’t know much the cash going to last them so they go on gambling word and it get use to them, they even get addicted and more of their money go in, all because they are thinking they don’t have sufficient cash for their living and they go into gambling, I seen different kinds of people gambling because they don’t have enough money, but I don’t really think it a good idea.
That's not a good idea, but we also have to see that those who don't have money will definitely not gamble continuously unless they just play for free to get lucky there, because those who gamble every day are definitely people who have money. and they have even prepared special money for that. So even if they are addicted because they gamble very often, they won't experience any difficulties because they have set aside money specifically for this so it doesn't have any impact on their own lives.

I agree with you. Without money gambling is not possible. More precisely possible, but this kind of game will not allow you to feel the bright emotions as when playing for money.

Each of us chooses entertainment that he likes and most of these entertainments require money, whether it is a meeting with friends in a bar, traveling with a favorite woman or gambling. Those who don't have money find simpler entertainment like walking, watching TV, yoga, etc.
sr. 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
Sometimes there are people who think that playing gambling can be a shortcut to the luck they hope for. Every human being must have a limited amount of time that they are facing and at that time it is because of the awareness that they do not have any advantages. can run to gambling as a solution, yes, even if it's not the right thing, people will definitely sacrifice some money in the hope of a big win that day
If they thinks that gambling can gives them fast money, they are wrong because gambling will never gives them money easily. They can just lose their money fast without they realizes and if they can't holds themselves in gambling, they can becomes addicted to gambling. Without any control when playing gambling can makes their lives ruins and if they still playing gambling because they needs money, they will see that they don't have a big chance to gets the win money. Many people gets lose from gambling so other people must thinks that they don't have to gets the same thing like them. They must be aware that gambling is just for fun and not for makes money and if they really wants to make money, they must search for a job. Playing gambling is not a solution to makes money but lose their money without takes too long if they don't have control over themselves.
Experience from friends, feeling like you are in a tight position, you could say that your money is almost gone, almost destroyed. Even my friends rarely gamble. when the time comes that seems to require a lot of money. They try shortcuts in playing slot gambling until they win big and sort out their lives with what they need at that time, but in the same situation it's not like yesterday's luck. which makes it even more devastating. and it turns out that luck cannot be repeated when  need money quickly. and it's true what you say, gambling is not a solution to making money quickly.
Dont try to reflect yourself into someones luck or condition because when it comes to this factor on which not all would really be that the same and if you would really be tending to make yourself having
that kind of mindset on trying to chase up on making money or being a winner then you are really just that making yourself that desperate and this is something which isnt really that recommended
on the time that you would really be touching up gambling.

You would really be just that basically putting up yourself on such huge trouble on the time that gambling addiction hits you at the same time you would really be chasing up those loses
on desperate manner. People do mess up their lives just because  they cant really be able to think up well on what are the things that they should gonna do.

Gamble for fun and not for the sake of income making because this is something a motive or mindset that will really be messing up your life with.
Dont tend to go on such path or else you would really be having that regret for the rest of your life.
Only my friend has relied on it until now, I have suggested something like what you said. so as not to expect more from luck because you don't know you will lose at an undetermined time. Luck is not always there, every time we need luck, it can be for various other things. but because of the obsession the mind has been exposed to as a gambling addict it is very difficult to return to normal
legendary
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There's no need to be upset

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.

knowing when to stop is one of these things that is easier said than done
in Brazil there's about 4 times more people gambling than investing on stocks
I don't blame them but... isn't it crazy?

Exactly, like you said knowing when to quit is much easier said than done, and I'm sure there are some gamblers who always suggest that to other gamblers but they themselves don't have that ability Cheesy

But forget it because I also understand that it is not an easy thing to do, even if you are still really struggling to do it then try to make yourself realize that gambling is nothing more than a game of "possibility" which means that even if you continue then there will never be any certainty that you can win with this action. And yes, there is also nothing wrong with always advising others regarding things that are always recommended to do, at least you have reminded others.

On the other hand, I'm quite concerned when I hear what you say about the situation in Brazil, I don't really know about the real reason but certainly it seems that there are still few people there who know the real facts about gambling.


yes, it's much easier to say something than to do it
but you know what they say: talk is cheap.

I'd say that few understand the situation and will avoid gambling at all or if approaching it will do it responsibly but this is the minor part
we can see it here in an interesting way because it was less than 3 years ago that they made sports betting websites legal...
legendary
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Well more than 50% of gamblers always gamble because they don’t know much the cash going to last them so they go on gambling word and it get use to them, they even get addicted and more of their money go in, all because they are thinking they don’t have sufficient cash for their living and they go into gambling, I seen different kinds of people gambling because they don’t have enough money, but I don’t really think it a good idea.
That's not a good idea, but we also have to see that those who don't have money will definitely not gamble continuously unless they just play for free to get lucky there, because those who gamble every day are definitely people who have money. and they have even prepared special money for that. So even if they are addicted because they gamble very often, they won't experience any difficulties because they have set aside money specifically for this so it doesn't have any impact on their own lives.

Yes it is quite reasonable to say that someone who has problems in their finances then most likely they will not have more money to gamble more often, but on the other hand I think we can't just think up to this, remember that all people have a brain to think which can produce various decisions that they want, meaning that even if they don't have personal money to gamble with but it is possible for them to eventually do various ways or legalize various ways to get money for the purpose of gambling.

And I think it's not uncommon to see some gamblers who get caught up in the law because they say they stole or robbed a store to get money for betting, although not everyone dares to do such acts but there are always some people who are very desperate. On the other hand, I understand that those who gamble every day are those who have money, but you also have to think longer to identify where they get the money from, and as I said above, it is not uncommon for them to do crazy things to get money to finance their gambling habits, so we cannot say that gambling is only for those who have private money, because there are still quite a lot of other possibilities that can happen.
hero member
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Well more than 50% of gamblers always gamble because they don’t know much the cash going to last them so they go on gambling word and it get use to them, they even get addicted and more of their money go in, all because they are thinking they don’t have sufficient cash for their living and they go into gambling, I seen different kinds of people gambling because they don’t have enough money, but I don’t really think it a good idea.
That's not a good idea, but we also have to see that those who don't have money will definitely not gamble continuously unless they just play for free to get lucky there, because those who gamble every day are definitely people who have money. and they have even prepared special money for that. So even if they are addicted because they gamble very often, they won't experience any difficulties because they have set aside money specifically for this so it doesn't have any impact on their own lives.
hero member
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Isn't that thing happening globally? that more people are getting involved in gambling than investing on stocks?  Since gambling is another form of entertainment and at the same time other people see it as possible source of income, so it is not surprising to see people more engaged in gambling activity than investment.
Yes, and I guess it does happen due to the fact gambling is much more simpler than investing on stocks market. Stocks demand knowledge and study from the individual, while gambling is just an entertainment activity people put on the role of a job, source of income or side hustle, where they just have to click buttons and set bet sizes. It's the dream's job of everyone! However, it's not for real... Sad

It would be perfect to make a living from gambling, because it's fun, easy, instant and abundant! Influencers and casinos sell this concept to the public, and the public absorbs it. So why would they invest on stocks, since it looks much more profitable and easy to make huge money from gambling? Then, it's indeed not a surprise to see so many people prefering to gamble than investing when aiming for gains.

Moreover, we live in the era of immediacy. Everything has to happen 'for yesterday' in the lives of the individuals, otherwise they get angry, anxious and desperated. Gambling seems to fit that role very well at first impression, until they realize it's not feasible...
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