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Topic: Do you gamble because you don't have sufficient money? - page 18. (Read 7087 times)

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mostly middle class people gamble because they are not financially free or want to earn fast and come out of that middle class life, gambling gives hope to make big money.
some people who started gambling without knowing that everyone will lose money, after playing for some times they realize it's hard to earn anything from gambling but after knowing that they don't stop to gamble.
and most rich people already know they gambling is a game of chance we can lose everything in it so they gamble responsibly that's why or how they got rich.
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?

I don't because I'm poor. I gamble only when I have money to spare. I have a day job that pays me well so poverty is not my motivation.
I do admit I have gambled online to get the transaction fees to withdraw as I prefer withdrawing in fewer digit amounts and lost all in some cases. I might also have gambled to get a fixed amount online to get something done but that should not be considered poverty,
I have seen poor people gamble and that's a sure shot way of destroying your life. No poor have gambled to richness. There are lottery stories but the money coming from luck don't last long.

Gambling to me sometimes to some persons may be because they feel that they don't have sufficient money or may be they don't have a source of making regular income so hence their getting involved in gambling with the hope that if they win they can be able to use the money and sort out things they needed. Though the rate of the Rich ones that gambles in our society cannot be compared with the poor because most reach people basically plays gamble for fun that's why if they lose a bet they don't feel the impact at all. But when the poor loses a bet most times they feel it so much because they actually needed the money most and in the quest of gambling and losing it can even affect the psychological health of them because their aim of gambling is not met considering the fact that they don't have a steady income yet they lose the little they make out from other menial jobs.
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Does everyone choose to gamble when they have no money?
If that's the case, I think they took the wrong step. When they don't have money or have only a little money and want to get more money not by gambling
people are made with different personalities and their thoughts are also different in different circumstances and honestly i saw a lots of people who start doing gambling to multiple their funds even while they have small amount of money or they are about to out of money. You may call them stupid but such kinds of gamblers are always available in this globe who don't want to work hard but want to change their luck and economic condition by doing Gambling. Although i already told that, not everybody will do the same thing, people are unique by thoughts.
This kind of attitude or thinking is only possessed by people who don't want to work hard and do business to make living in life, they decide and use instant and easy ways to make money such as gambling.
But thoughts like this are thoughts that are not worth doing or imitating because gambling will only waste money, not multiply it.
They will only experience regret at the end of their gambling story.

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when anyone get addicted, it is hard for them to keep themselves away from gambling. Bookie set odd, so that a person face more loss then win. Casinos are also designed as same. And such less winning amount inspire them to repeat keep continue the gambling untill they can afford to lose. That's the fact. Although people who can control themselves, gambling isn't any matter of concern for them
Addiction has been problem for every gambler for long time and indeed no gambler can be truly free from addiction until they can cure themselves.
Let just say in short the house edge is always ahead and the gambler is always lose so that only small percentage of the gambler has the ability to win each bet or game.
Odds in betting will always change and this is the reason why many gamblers make mistakes resulting in losses, because casino games themselves have specially designed algorithms and even use RNG which makes it difficult for gamblers to win.
legendary
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~snip~
And what they do like that is wrong, making gambling a source of money is not right, as you said at the beginning it is better to gamble to relieve stress or to look for sensations, not more than that. If they gamble for the reason of wanting to multiply their money it is a big mistake, which is where it is the beginning for them to become addicted because when they don't have enough money and gamble with the end result of losing it will only increase their emotions which make them want to play again with the aim of recovering the money they have lost. That's what will happen if they have the principle of doubling money with gambling.
Gambling has a tremendous attraction that can attract anyone who plays it, because it is the rule of any gambling, by attracting everyone to gamble by making them deeper and deeper to continue gambling and making them spend a lot of money on gambling which will make a profit for the bookie who plays the role of host.
We should use gambling as a way to relieve stress after daily activities and not to add burden and stress to us. But that's what happens to people who come to gambling and say they want to relieve stress. But in reality, they actually increase their stress because they experience consecutive losses. In fact, when that losing streak comes, it is code that they need to get away from gambling immediately before things change for the worse, and they won't be able to deal with it. Unfortunately, most gamblers don't pay attention to this and instead continue gambling even though they have experienced a lot of losing streaks. Having a reason to gamble because you want to multiply your money is also a fatal mistake because gambling is not a place to make money. They will only experience losses that can waste all their money instead of being able to make money from gambling. Many people are so tempted by gambling that they even abandon their routine activities just because they want to gamble longer. Actually, it is not good for them because they will have the opportunity to experience gambling addiction, which can become worse. If they don't come to their senses soon, they will just continue gambling and will deposit more money.

Well I can say something, sometimes I look for slots because it relaxes me, but what happens, I don't look to win in slots, because I know that to look for profits in slots you must have a lot of money willing to lose, and Well, my economic condition is not high enough for that, if I wanted to have a lot to be able to make bets like that, to see how it feels, but it is the only way, those who say they are going to make bets or be in some slots just to to be able to relax but they still look for profits, if they can get into stress and then have some depression, losing money is something that Anaide likes, and when you have little money, well, I consider that if you don't control the way they have to Spending it and if you lose it all becomes irresponsible, and after that money is lost, there is nothing to do, all you have to do is resign yourself and think about the things that should not be done, that is something that will always happen. .

I believe that when a person goes to a casino, they have to be clear about two things: first, the money they plan to put into a casino is money that they should consider that they can lose and second, if the person is stressed and wants to win, then You should be careful and now after this if you are a person who should not play because you have little money, what is necessary to cover the most basic things you should not start doing those types of acts, because as I said before, it is irresponsible, because I I am one of those who think that now things with casinos must be very careful, especially people who are newbies, because they have a very different vision of casinos and they have many things in mind that can make them rich, millionaires, and Well, they are things that are sometimes not very clear, the basic concepts must always be clear, it is known that the more money you have, the more money you earn, but the more money you lose, that is what should be considered the most.
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~snip~
And what they do like that is wrong, making gambling a source of money is not right, as you said at the beginning it is better to gamble to relieve stress or to look for sensations, not more than that. If they gamble for the reason of wanting to multiply their money it is a big mistake, which is where it is the beginning for them to become addicted because when they don't have enough money and gamble with the end result of losing it will only increase their emotions which make them want to play again with the aim of recovering the money they have lost. That's what will happen if they have the principle of doubling money with gambling.
Gambling has a tremendous attraction that can attract anyone who plays it, because it is the rule of any gambling, by attracting everyone to gamble by making them deeper and deeper to continue gambling and making them spend a lot of money on gambling which will make a profit for the bookie who plays the role of host.
We should use gambling as a way to relieve stress after daily activities and not to add burden and stress to us. But that's what happens to people who come to gambling and say they want to relieve stress. But in reality, they actually increase their stress because they experience consecutive losses. In fact, when that losing streak comes, it is code that they need to get away from gambling immediately before things change for the worse, and they won't be able to deal with it. Unfortunately, most gamblers don't pay attention to this and instead continue gambling even though they have experienced a lot of losing streaks. Having a reason to gamble because you want to multiply your money is also a fatal mistake because gambling is not a place to make money. They will only experience losses that can waste all their money instead of being able to make money from gambling. Many people are so tempted by gambling that they even abandon their routine activities just because they want to gamble longer. Actually, it is not good for them because they will have the opportunity to experience gambling addiction, which can become worse. If they don't come to their senses soon, they will just continue gambling and will deposit more money.
legendary
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I stand with Ukraine.
For fun. I don't know about others but I gambled to relieved me of stress. People gamble because of a lot of reasons but most of the time the main goal is money. While many of us might think it should only be played as a gaining tons of money but I don't. If you observe closely you will see less developed countries gamble the most and have the most gamblers even thought they can't effort. Not only they can't effort is they are also addicted to it. The only thing they want is money money and money.

It' because the lack of proper education in those countries. You learn the basics of math and you know that you are more likely to lose than to win. Another thing that leads them to gamble in order to make money is superstition. They may know that they are more likely to lose, but they think their gods, spirits or whatever will help them to beat the odds. You are right in that you gamble not because you don't have sufficient money, but just for fun.
sr. member
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Does everyone choose to gamble when they have no money?
If that's the case, I think they took the wrong step. When they don't have money or have only a little money and want to get more money not by gambling
people are made with different personalities and their thoughts are also different in different circumstances and honestly i saw a lots of people who start doing gambling to multiple their funds even while they have small amount of money or they are about to out of money. You may call them stupid but such kinds of gamblers are always available in this globe who don't want to work hard but want to change their luck and economic condition by doing Gambling. Although i already told that, not everybody will do the same thing, people are unique by thoughts
Quote
Even the bookie can laugh loudly when the players start to get addicted who can spend a lot of money just to gamble that is not certain of victory
when anyone get addicted, it is hard for them to keep themselves away from gambling. Bookie set odd, so that a person face more loss then win. Casinos are also designed as same. And such less winning amount inspire them to repeat keep continue the gambling untill they can afford to lose. That's the fact. Although people who can control themselves, gambling isn't any matter of concern for them
legendary
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No I gamble because I enjoy it. My finances are healthy, I understand why you’re asking this question though because the gambling industry is full of people who lose lots of money and bet with more than they can afford to lose.

I think degenerate gambling is somewhat a part of some peoples genetic make up. Some people have addictive personalities and would gamble with more than is sensible, no matter how wealthy they are.

Always practise responsible gambling, don’t take unnecessary risks. Do not gamble with more than you can afford to lose.
legendary
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Often gambling turns out to be the only option to get out of poverty, but the burden due to the fear of making a mistake can lead to the fact that you can never win due to impulsive actions that will negate past successes
legendary
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For fun. I don't know about others but I gambled to relieved me of stress. People gamble because of a lot of reasons but most of the time the main goal is money. While many of us might think it should only be played as a gaining tons of money but I don't. If you observe closely you will see less developed countries gamble the most and have the most gamblers even thought they can't effort. Not only they can't effort is they are also addicted to it. The only thing they want is money money and money.
It's good if you gamble to relieve your stress. But people out there think of gambling to make money even if they don't have money because they see that gambling can still be used to make money. Even though they also see many people who have lost money from gambling and don't want to stop gambling because they still feel they can win in the next round. In less developed countries, gambling seems to be a way to make money, especially since they see several people who can win a lot of money from gambling, so they think they can make money like those gambling winners.

And what they do like that is wrong, making gambling a source of money is not right, as you said at the beginning it is better to gamble to relieve stress or to look for sensations, not more than that. If they gamble for the reason of wanting to multiply their money it is a big mistake, which is where it is the beginning for them to become addicted because when they don't have enough money and gamble with the end result of losing it will only increase their emotions which make them want to play again with the aim of recovering the money they have lost. That's what will happen if they have the principle of doubling money with gambling.
Gambling has a tremendous attraction that can attract anyone who plays it, because it is the rule of any gambling, by attracting everyone to gamble by making them deeper and deeper to continue gambling and making them spend a lot of money on gambling which will make a profit for the bookie who plays the role of host.
legendary
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No poor have gambled to richness.
Maybe that's true for many, but not everyone. When you're in poverty, you're constantly brainstorming ways to escape it, and it's undeniable that some people consider gambling as a faster and easier option.

However, we can't ignore the fact that the chances of success in gambling are generally low, at least for most of us. Yet, if we're truly devoted to what we're doing—putting in the hard work to enhance our gambling strategy—I believe there's a chance to prove most people wrong who think that gambling cannot change lives for the better.

There are lottery stories but the money coming from luck don't last long.

Again, it depends on the person holding the money.
I agree with @mirakal about the money coming from luck, it will depend on the person on how he will handle it. There's a job now that is called financial advisor and I think a big winner of the lottery should hire one so that he/she will know how the money should be managed.

About the poor who are gambling for richness, well life is always a gamble.
Even Manny Pacquiao gambled his own life for a higher pay in boxing. When it comes to casinos though, I heard different stories from it.
The FedEx founder for example. Then there are the lotto winners.
Let's just say there are not many people who make money from gambling. Because if they did we might see gambling sites closing down one after another without a way to sustain those wins.
This is a business and their goal is to just give hope and not a charity system. There are those who are courageous enough to take the high risk but there's no assurance it's a good ending.
sr. member
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For fun is really just that an ALIBI! For money is the real deal.  Grin

You do gamble just because you dont have sufficient money? You are just basically taking up some suicide. You cant really that make yourself making this as an option
because it would really be worsening up the situation. Have dont much money? You might be ending up on having no money completely.
Gamble for fun and not for money then you wont really be having no problems but if you are going into the opposite side then it would be an another story.

Gamble when theres some urge on leisure seeking but not for money making. Make yourself that greedy? Then you are really that
putting yourself on a disaster.
I fact, I don't know. Yes, maybe the motive is to earn money but that comes along with fun. I do have enough to make my ends but I still gambled in the past. Maybe I was addicted or something? Even then I had enough money, even now I have enough money. Not that gambling is the only source of my income. If I were greedy I would gamble till the end until end, until I satisfy my hunger. But that's all in the past now.  Wink
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For fun. I don't know about others but I gambled to relieved me of stress. People gamble because of a lot of reasons but most of the time the main goal is money. While many of us might think it should only be played as a gaining tons of money but I don't. If you observe closely you will see less developed countries gamble the most and have the most gamblers even thought they can't effort. Not only they can't effort is they are also addicted to it. The only thing they want is money money and money.
It's good if you gamble to relieve your stress. But people out there think of gambling to make money even if they don't have money because they see that gambling can still be used to make money. Even though they also see many people who have lost money from gambling and don't want to stop gambling because they still feel they can win in the next round. In less developed countries, gambling seems to be a way to make money, especially since they see several people who can win a lot of money from gambling, so they think they can make money like those gambling winners.
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Many people misinterpret, by making gambling as their regular income everyday, of course this is wrong. If they don't have money and want to have money, what they should do is work for real in their lives, not by gambling which some people also say is a fast way to get rich, hahaha that doesn't make sense to me. Gambling with a budget of leftover money or extra money is the right thing, don't spend a lot of money on gambling. Gambling tends to be addictive, if they only have a little money and use it to gamble with the aim of doubling the money to make more, it doesn't guarantee they will quickly have a lot of money. And if that's the case they will most likely become addicted to it which will drain their money even more. The bottom line in my opinion, if you don't have enough money don't gamble, it's better to work first and when you have enough money or more then do gambling. But it all comes back to yourself who has the right to think for yourself.
sr. member
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No poor have gambled to richness.
Maybe that's true for many, but not everyone. When you're in poverty, you're constantly brainstorming ways to escape it, and it's undeniable that some people consider gambling as a faster and easier option.

However, we can't ignore the fact that the chances of success in gambling are generally low, at least for most of us. Yet, if we're truly devoted to what we're doing—putting in the hard work to enhance our gambling strategy—I believe there's a chance to prove most people wrong who think that gambling cannot change lives for the better.

Many poor people want to get rich from gambling because there is no job that makes money as fast as gambling, and of course, losing money is also fast. They are betting their lives on gambling. 1, they become wealthy. 2, they become poorer. Very few people can get rich from gambling. These people felt they had enough money and stopped gambling, and what helped them become rich was luck.


 There are lottery stories but the money coming from luck don't last long.

Again, it depends on the person holding the money.


Yes, keeping money is important. We understand simply the money seems to fall from the sky, not the money we earn from sweat and tears. Of course, we will splurge. That money will only last for a short time. Even if you win a lot of money from the lottery. It's never enough if you spend it lavishly.
legendary
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No poor have gambled to richness.
Maybe that's true for many, but not everyone. When you're in poverty, you're constantly brainstorming ways to escape it, and it's undeniable that some people consider gambling as a faster and easier option.

However, we can't ignore the fact that the chances of success in gambling are generally low, at least for most of us. Yet, if we're truly devoted to what we're doing—putting in the hard work to enhance our gambling strategy—I believe there's a chance to prove most people wrong who think that gambling cannot change lives for the better.

There are lottery stories but the money coming from luck don't last long.

Again, it depends on the person holding the money.
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?

I don't because I'm poor. I gamble only when I have money to spare. I have a day job that pays me well so poverty is not my motivation.
I do admit I have gambled online to get the transaction fees to withdraw as I prefer withdrawing in fewer digit amounts and lost all in some cases. I might also have gambled to get a fixed amount online to get something done but that should not be considered poverty,
I have seen poor people gamble and that's a sure shot way of destroying your life. No poor have gambled to richness. There are lottery stories but the money coming from luck don't last long.
legendary
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~ No knowledge will help you to win in slots, but a proper money-management, which is based on knowledge to some degree, can help you to not turn your fun into disaster.

You are right, when we are in a casino like this we have little or no money, whatever economic conditions we have, we must be very Cautious , we have to have a lot of Restraint when doing things, because what you say is true, when They are in the slots because there is not something that can determine winning, or a strategy that is used and that is Always Effective, it is not like that , it does not Work like that, for that Reason we must always consider that when we are in a casino we must be aware of the ones we are spending.

A person who does not have much purchasing power should therefore have control over his or her finances, it is not bad to play in a casino, you can play, it is allowed, you can bet on your good luck, if you really have it, the rest What should be Considered is that if you have little money you should play with little money, but you just have to agree so that it does not affect that person's expenses, because it is very sad that a person who does not have much money Spends it on the casino, that is the saddest thing that can be heard in the world.~

Even if you have  a lot of money, you stop controlling your finances, you lose it all. Money-management is very important for both rich and not so rich people. Poor money management is especially painful for poor people, and yes, spending the little you have in casino is a poor money management.

Try to solve financial issues with spending or investing money imo isnt the right thing to do. It is like trying to fight fire with fire. The only solution to sufficient money I see is simple - finding new or extra work. Maybe it is ok to make a so called safe bet, but it will bring little money only. Making a huge bet is risky, and on a distance multiple safe bets eventually gonna turn into a loosing one. Imo gambling is not a solution to get more money.

This is what I would advise to those who don't have sufficient money too. That's what I do when I don't have sufficient money. I don't gamble my last penny, it's stupid.

What happens is that you see the casino game and Sports betting with the correct vision, and to see it this way is because you have a total understanding of what this means, not everyone has it, some grasp it thanks to their own experience, but Because of the things that arise when you start in this world is to be aware of the most important thing , our money, we know that when it runs out there is nothing to do, no casino gives us the opportunity if we don't have money, the bonuses? It's the same, you need money to take them and it is something that is not so easy to achieve in order to make a withdrawal, I think that all these things are situations that make us mature throughout our lives as casino players and that have different ways. to see things, experiences help a lot, but the fact that these types of topics are always discussed is very important and serves novices , even Professionals who are also Active, because they talk About what is most important.

I consider money the most important thing in the game, because obviously I have said and repeated it many times, without money there is nothing to do, things can go to the ground without money, and that is something that must be understood, not everyone does it. Come on, but it's like that, personally I will always say that when we are in a gaming environment we must take care of our money, and all that includes knowing how to handle ourselves when we are in games, when it comes to coins, impulses, sometimes it is very It is easy to ignore the money, we are only Interested at the moment in playing, having fun and winning , but we know that the casino has the house Advantage and that many things can be done separately, that is why it is always good to put the 'budget' 'I'm liable to lose, and I'm sure that when it's over , I won't play Anymore , or at least go to Another game session that is recommended to be another day, another week, or however the person has allocated their money to play during the week.

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For fun. I don't know about others but I gambled to relieved me of stress. People gamble because of a lot of reasons but most of the time the main goal is money. While many of us might think it should only be played as a gaining tons of money but I don't. If you observe closely you will see less developed countries gamble the most and have the most gamblers even thought they can't effort. Not only they can't effort is they are also addicted to it. The only thing they want is money money and money.

I don't think people gamble for fun; I think they gamble for money because even if you have money, some people don't like anything like investing to double their money; they see it as a waste of time; they will just stake game to win huge money; I know one person who likes gambling; he uses 100$ to stake 35 games to win 2.5 million; and I don't think that will happen because he used to play game every weekend and used to lose and he doesn't want to change to another plan, because he is used to it and believes he will most likely win before he stops and I don't think that will happen if he plays like that, people who win games in gambling stake 3 to 5odd and put huge money and win big money but using small money and winning big will be very difficult for everyone except you are lucky.

Many people gamble due to a lack of funds to care for themselves or for other reasons, and other people take it as a job because if jobs are scarce in a country, many adolescents play bets to make some money and support themselves.
For fun is really just that an ALIBI! For money is the real deal.  Grin

You do gamble just because you dont have sufficient money? You are just basically taking up some suicide. You cant really that make yourself making this as an option
because it would really be worsening up the situation. Have dont much money? You might be ending up on having no money completely.
Gamble for fun and not for money then you wont really be having no problems but if you are going into the opposite side then it would be an another story.

Gamble when theres some urge on leisure seeking but not for money making. Make yourself that greedy? Then you are really that
putting yourself on a disaster.
STT
legendary
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Gambling because you are poor might be one of lifes greatest ironys but its quite realistic I suppose.  I thinking of it was from the perspective of cheap entertainment, even going to see a movie nowadays can be a wallet busting activity and the copyright movies are closely held by tradational industry so that its in the hands of big business.   However anyone at all in life can gamble using just a simple set of cards or similar, nobody can stop you having a quick game and ideally its friendly local and not too expensive in the risk vs fun factor.     It could be a real positive activity if you somehow like playing cards, gambling and dont lose anything big its cheaper then drinking etc.   Many gambling as a negative but imo its not most of the time when in moderation.
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