Topic: Do you gamble because you don't have sufficient money? - page 14. (Read 7087 times)

There's always that common differentiation in between rich and poor on which the capacity when it comes to finances and on how  they would really be dealing up with things on which it would really be just that normal that rich people would really be having that kind of consideration on playing just for the sake of fun and entertainment but still there are still those rich people who are really that still aiming for the sake of money and winning on which it is something that very common.Its true on some members point that it doesnt matter about financial capability when it comes to your motive
towards gambling which whether making money or have fun then it wont matter because sooner or later those emotions and mindset would definitely be changed up along the way.

It's a vice-versa kind of thing. We have some rich folks who have never gambled and we have the poor either in this category while we also have the rich who gamble often and we also have the poor who do the same.
It all depends on personal wants and enthusiasm and yes the rich will always have more wins than the poor and they will have more losses than the poor either.

This is also a personal belief, target, and understanding. We have people who retire early because they believe they have reached their target and we have some people who never retire despite their wealth than those that retire early.

The super rich don't just gamble to make money but in some cases they do it for fun and to pass the time. But middle class people are more attracted to gambling and they aim for easy get rich quick tricks. When you go to a casino you will realize that some rich people are there to have fun but most people are there to make money. Moreover online gambling is more popular these days and it has popularity in more or less all countries, so they are constantly gambling as a way to fulfill their needs and earn enough money. Naturally it is foolish to engage in arguments because people are connected to different activities according to their needs.

The gambling motives of the rich and the poor are the same in my opinion but there is a difference in their wining amount expectation. A poor gambler's demand range is naturally small, but a rich person's demand range can be large since the rich person can afford to bet more. But one place where I differentiate between rich and poor gamblers where the poor ahead from the rich, poor gamblers spend  much time on small wins but rich can not. A poor gambler can spend his time betting long enough to win a $200 bet but a rich gambler naturally won't because he has enough money to make any big bets. Rich can refrain from taking part in all bets but most causes that is difficult for poor gamblers.

Having sufficient funds isn't a good reason to gambling because I don't want to believe that you were hustling to have sufficient funds to come and gamble or probably gambling is the reason you had accumulated money, I wan to believe there are other things you would want to do with your money as no amount of money is too much enough for you to start wasting probably ,I know you would want to say gambling is entertainment which could mean you are not wasting money but then you are loosing it and in some cases you don't feel happy thereafter.

But then out of your sufficient funds you could spare some cash to gamble probably for entertainment and you may be lucky it would come back in bigger folds but having sufficient funds shouldn't be a reason you gamble as that sounds almost irresponsible.

From your perspectives, I don't think the rich gamble too much because I think they have lots of activities to attend to and when they are les buy they can decide to catch some fun which is necessary for the body. The average or the poor especially those that do not have a job are the ones that are always seen playing bets and looking for way to bet and make money for themselves so that they can take care of their initial bills and needs. The rich are always thinking of how to grow their business since they have tasks to attend to making things much easier for them.

That's right, people are wrong in addressing gambling so they come with the wrong understanding, as if they can get a lot of money just by gambling, even though on the other hand this is just a game of luck which as we know is very difficult to be able to get luck in a row, so with that I don't think it makes sense if someone has a goal to earn in their gambling activities, like the title the OP wrote that "people gamble because they don't have money" the weak financial situation and situation is the cause of their arrival by misunderstanding. This really must be considered because if left unchecked then they will suffer even more with the number of losses that will continue to grow slowly.

They come with the aim of taking advantage of the winning opportunities that exist in gambling by ignoring the risks that are basically much greater and can make them even experience a lot of problems, especially financial, honestly I see more poor people who come with such a mindset because maybe they only see from the side of winning opportunities and do not see the risks that are much greater.

In reality, the rich gamble more than the middle class or even the lower class, and reason is because rich gamblers have the money to feed their desire and at the same time, they are not chassing after any direction so the possibility of getting addicted to gambling is near impossible and for such it lowered they loses since they gamble just for the fun of it.
Majority of the lower class lack that lussery of resources to put up what it requires to stay stable and safe in terms of profits and risks in gambling so their gambling ability is limited in some ways, so for sure the rich gamble more than the average jack.

A gambler has no classification, and not because you are rich you will not gamble if you check the physical casinos they cater to rich and famous people and we have seen famous personalities like Drake betting huge money, some gamblers gamble not only for the money but because they want to feel good and they want to feel proud that they can beat the house.
So that someone you argue with, has a wrong opinion that it's the poor people that gamble because they lack money and rich people do not need to gamble because they have sufficient money.

How can I gamble if I have no source of income because it is not easy to understand gambling patterns as a newbie. If you do not understand everything it will be difficult to protect your capital on gambling sites. I'm not a gambler by nature but have lost a small bet once for fun. But I managed to recover a bit in the next bet then I stopped gambling for a while so as not to lose more because here one cannot get lucky easily.

If someone doesn't have the money to gamble, they should avoid gambling until they can have money again. That's what a gambler who doesn't have money should do, but the opposite happens because many people even borrow money from other people just because they want to gamble and feel that this is their lucky day. But they didn't find that this was their lucky day because they only experienced another loss and made them have to return the money they borrowed. It is the wrong mindset of a gambler to act like that because it will only plunge him deeper into gambling, and he will continue to do it periodically if he does not have money. And if one day they have a lot of money, they will not be able to manage it well because there is a possibility that they will use all the money for gambling without any limits. If that happens, they will not be able to be responsible gamblers and will only go back to gambling if they don't have money because they will think that by gambling, they can make money.

Your last paragraph is accurate, the difference between the rich and poor is money, yet it doesn't change the human behavior in them; greed. Everyone get interested whenever money is discussed, including the filthy rich. So, saying that the rich don't gamble is not accurate, anybody can be a gambler. Like you mentioned in the first paragraph of yours, that the rich may not be seen in offline casinos, but it doesn't mean they don't participate in gambling. They also have a casino for VIP where they spend time and have fun with other like minds. Hence, not everyone gamble due to insufficient amount of money. It's a choice to gamble, and gamblers have personal reasons why they've chosen to participate in gambling. The person in Op's narrative is not fully aware of how gambling works, that's why he's arguing that the rich don't gamble because they've already got lots of money.

My answer is yes because at the beginning I don't have money's and my family don't give me money and they can't full fill my demand that's the reason im in soprts beting and starting amount is very low it was $5. That's the amount I started but I'm not that much lucky I lost my $5 in beting but it can't stop me after some time I started safely. After now to then I face losses and I win but I'm still in gambling because I'm in profit.

Thinking about not gambling when you don't have enough money is indeed mindset that might make someone stop temporarily and reduce the intensity of their gambling, but for some people with certain conditions this will be difficult to do.
Just look, there are various cases where someone is willing to borrow lot of money to be able to gamble, there are some people who commit crimes to get money and gamble, is this easy?
Of course, you won't be able to easily do whatever is in the mindset of gambler when they really like gambling and there will always be something else that deviates from their thinking.
And the mindset of not gambling when they don't have enough money also has negative side, namely when they gamble they will be much more careless, especially when they have a lot of money because they think that they still have enough money and this will also bring problems in the future.
Restrictions and management in gambling must be really good and not just limited to just thinking about expectations but must also be able to implement them as whole to be able to find the point of success in wise and responsible attitude.
This is not easy, but we can all do it if we want to start and have serious intentions.

I don't really think so. The rich plays gamble more often than even the poor, but because theu don't see them in offline casino where they can be assembling with the street boys, it now looks like they don play gamble like the poor. What they do is to open online account where they play games with huge amount of money with lesser odd compeard to the poor. And they often have more  winning than the poor because the chances of there wining is high.

Another thing you should know is that making money knows no boundaries. No one is too rich to say h/she will not continue hustling. What the poor does is what the rich also do. the rich is Playing gambling to win bigger and enlarge his wealth, while the poor is playing to be rich. so I see no difference between the rich and the poor and there gambling strategy.

Sometimes they are weighed out of desperation and may see it viable to bet a lot of money in a casino to have more money because it is the easiest option they See , of course the risks are there, but when there is desperation people do not measure the consequences many times, they just think They are full of positivism and it is difficult to see if they can achieve it. An example of this was in the pandemic, from 2019 and the beginning of 2020 things began to happen that way, we are people who have always seen a lot of relationship with Respect to this, one could say that When there is a management on these things, there is talk of having a better vision of the things in the game, of course there is despair, in the case of the Pandemic , many more registrations of new Accounts were registered in online casinos, where many people wanted a Great deal, of their money there to be able to see profits, and this obviously was a boom so that things turned out well for some , and Badly for others.

In this order of ideas we make comparisons to see which is better? If you enter a casino or risk losing a lot and is that worth it to see quick profits ? Of course , if they entered with, let's say $3k , and from there they took it to $10k, of course, if it's worth the money, you could do many things with that large amount of money, but the people who lost those $3kl is the other side of the story. currency, and that is what we must see and be willing to see things if we do not have that money, if we lose it, instead of spending it on necessary things, money, among other things, that is why we must Always do a different type of things that are favorable to us, always verify that we can do things well and not do any type of Actions where we risk a lot of capital because if it is lost we do not have the Capacity to have it again, and that would become a big problem later. where we cannot do much to Recover that money.

The money making part is quite delusional, Im not sure that goes with being poor and suddenly gambling is attractive due to lack of money.   More likely to have no money from spending it on things not especially required or productive so I'll include the very obvious drinking and smoking but buying into games you dont really need would also be where the money goes hence do all three you will spend alot of money not have alot left.
   If we could say the opposite drinking makes you earn more money, smoking also highly productive or gambling always gets you a win then great but everything you do outside of work generally costs you then you must earn it back.  Of all three I think drinking might be the worst as it can prevent you working, smoking I know plenty who smoke while they work which at least pays for itself and gambling is neutral you can do both if you put on a bet and then go work so in conclusion just drink less

It is difficult when people do not have clear objectives and they try to invent in order to have more profits, it is obvious that profits are something that makes us proud of what we do , because it is like the prize that we always want to obtain and sometimes brag about, but Also we as people who have many things to do well , in casinos this should be Considered as something normal that there are losses, but it does not mean that we are sometimes bad players and have made mistakes, things can happen as they have to happen , but it must be Consider that we are competing Against a casino, which is a platform where it has its own method to always win. It is impossible to win even a casino and be above its advantage, which is why it is said that the casino always wins, the advantage of the casinos It is always something obvious and must be seen whenever we make any movement.

We must understand that first of all , a casino was invented to entertain People , to make them enjoy themselves, so that people would see a way of Entertainment so that others could get something to have a different time, for that reason the casino It is an industry, it is one of the ways that we can make any type of money in them , sometimes you lose, other times you win, this depends on the luck of the person, but it is very obvious that the casino is like a company, I have Always said that it is a Business where it will always bear fruit for them, it is very Difficult to set up a business where benefits are always given to clients and it is not possible for someone who set up their own business, that is something that will lead to ruin and possibly things when they are like this will not turn out well, because basically things are not good for them nor will they be Able to give good results , there will always be Things that can be favorable Against any of the best players , it is because of the advantage of the house and that is something that must always be Understood.

There is truth to that statement. People with no financial literacy and those who have never really tasted the finer things in life think money could grow from trees and so they gamble in hopes of getting the chance to earn a lot of money in a short amount of time. Of course there's also the desperation factor where people who got nothing to depend on, couldn't get a job and couldn't find ways to earn money at least in the legal sense resort to gambling in hopes of earning a quick buck. The only thing quite wrong about his statement is that he supposes that Rich people do not gamble wherein the first place, they are the ones who spend the most money gambling. But the thing is that Rich people gamble to flex or to pass the time, they don't gamble because they want more money. If they want more money they could gain it from other means.

Everyone can gamble but particularly those who are under the poverty line fall victim to gambling for money tactics. They think they can earn money from gambling when the fact of the matter is, they would gain nothing from it.

There was a German-Hungarian stock market trader who once said:

"Anyone who has a lot of money can speculate. Those who have little money are not allowed to speculate. If you don't have money, you have to speculate."

You can also apply this quote to gambling, but you always have to be aware that things can go wrong.