Topic: Do you gamble because you don't have sufficient money? - page 42. (Read 7087 times)

Some do the same thing again and again to increase their experience, some do it to become an expert, some do it because of addiction, some do it without understanding, some do it emotionally.  However, in gambling, addiction and emotionality both work to a greater extent. However, both addiction and emotions are constantly affected by gambling.
If someone gambles with a loan, he is one of the biggest fools

If we believe that such assumption can hold any argument then we will also believe that all gamblers are addicts since it the same level of assumption that make up for the misconceptions that everyone that gamble has financial needs that is why they gamble.

What about those that gamble just to while away free time or those that gamble on demo accounts that don't generate any rewards,  to me this is a big misunderstanding from the individual you mentioned here.

That's right, if in order to continue gambling you need to take out a loan, or borrow money somewhere, then this is an addiction. I saw when young guys took everything out of the house to the pawnshop in order to have at least some money for gambling, it’s hard to say why this happened, this is a desire to win back the lost money, or they just needed to experience these emotions again, but in any case, this a big problem with which a person can not cope alone.

Correct. Although I sometimes make a loan just to gamble but I only take micro loans with minimal interest rate which I can easily covered once I get my salary in the forum or from my business. Acquiring loan with huge amount just to fund gambling is really a worst idea and dumb ways to put yourself on loan trap cycle.

We should gamble because we are already sufficient money to have fun and not the other way around and use gambling to fill our financial shotness. It’s really absurd to rely on luck to fix your financial problem while you can find a decent job and earn consistently to solve your financial problems without relying on luck.

Gambling is NOT a means to financial success! The house always wins; thats how casinos stay in business. Making a loan to gamble? A catastrophe is guaranteed by that. Debt burdens and losses from gambling can destroy life. Money is not something to play around with; rather, it is the product of sacrifice, hard work, and dedication. Those who think gambling will fix their money problems are fooling themselves. When it comes to gambling, its about time people realized that depending solely on "luck" is foolishness. Look for sustainable approaches to money management or wealth creation. The casino's glitz is a trap rather than a source of wealth. Recall that anything that seems too wonderful to be true most likely is.

Just know your capabilities since if you have less money which you can afford to lose for sure you will never extend for more time to gamble because you don't have enough money to spend. If you know that its hard to let go the hard earned money you have much better to decide  to stop thinking about to gamble because you are just creating pressure to yourself and while you are into that situation for sure you might do or placed on wrong position that you might regret later on.

Winning and losing are bound to exist in gambling, so we must be able to think about how far we can gamble and take risks to lose the money we use to gamble. And there are better solutions than taking loans to gamble because of the loss factor we face. When short on money, we should be able to work harder to make the money we want instead of borrowing money to gamble in hopes of winning some money. And if you still decide to gamble, at least you can know when you have to stop and won't be tempted to keep gambling with your remaining money. Perhaps Your luck will come another day, so if you still have the remaining money, you can use it to gamble another day.

Talking about gambling, percentages, the rich, the poor and the middle class, my understanding is that all of these categories are gambling, the rich also don't take it lightly when they place bets, up to millions of dollars, lower middle class and poor, of course in accordance with their finances.

However, if you ask about percentages.
I believe that the lower middle class has the highest percentage of engaging in gambling, generally the behavior of lower class people, has strong illusions, but is lazy to work, what comes to mind is wanting to get rich quick, gambling solutions are good choices, in contrast to rich people who gamble, they want to show their greatness and wealth in gambling, so the percentage is small compared to lower-class people who gamble.

This is a true fact in gambling, before they start I am sure that they already know all the risks that will come to them, winning or losing is a common thing in every gambling and that is the answer to all their hopes. But it is very wrong if they have lost but still pursue it by depositing money in it again, this is not a good alternative to choose because even if they make a loan it will not increase the chances of winning unless luck comes. For those who take out loans to chase winning again, I would say that they are already at the stage of addiction in gambling and this is very appropriate to say. Because if they are not addicted, they will not do something based on emotion and they will only come back another time when they really want to play.

In a game, of course, there are winners and losers, and if you play gambling and lose, then it is not the right solution to take a loan. This will certainly make the problem more complicated. If you have lost a large amount today, it's a good idea to have enough gambling for today, because today is not a lucky day for you, you better use another day to gamble, if you keep pushing for money loans then that will be very difficult detrimental to you.

Not discriminating, but I have seen middle to low class income as the bracket for those gamblers who are willing to take that risk and go play in a landbase casinos and hope that they will be lucky enough to win big money and of course maybe they consider it as a way of income but that is a bad choice in life.

But who can blame them though? their life could be full of risk already that they are willing to go that far to gamble and see that day if they are going to be successful and so they can have food in the table for their families.

I reckon that lottery is much more safe to play with because you don't have to have a big capital and it's not that you will be playing with it with a couple of hours where money is always running, it's just a dollar and a game of luck without doing so much effort in analyzing every set of game. You just have to have those lucky digits with you in-order to be lucky just like the few selected ones who was lucky enough to experience a win in the lottery.

Sometimes people are risk takers even though they have needs they will pursue their wants one example of it is those people who don't are in the middle to low class and they keep playing gambling even if they can not sustain their living from their perspective to hope to win a large amount but not it always happens in playing gambling always the house wins the game and the result is they didn't manage to hit the jackpot, lose their money and seek for a loan makes them to have debt.

I used to do this lately as I had a lot of unpredictable spending for myself and my family,weddings,deaths,vacations and so I needed at least triple the amount of my salary to fit this in,I took some crypto to satisfy the needs but then some of these crypto I thought to double it in sport bets and slots and lost several of that amount.I learned my lesson though,you always lose when you want to make some extra money or to add some money to your existing balance for your needs so I don't advice to anyone doing it.I solved my problem by getting more crypto from my savings and damn,gambling I will never try again with this type of money.

Being in the lower class and hoping to win big one day is totally normal in my opinion. Some people can't live happily without that hope. And, in the lower class or not, you have the right to be happy. To satisfy that need you don't have to risk a lot of money. Buy a dollar lottery ticket once per month and hope for the best. But don't play in casinos thinking that a "winning strategy" will make you rich. Definitely don't rely on that.

I think about this the following, a person who enters the casino and with little or no money is totally irresponsible, you cannot get involved in any other way if you have almost no money, at least you have to allocate a part of our money that is not so representative for a casino, because in a casino it is easier to lose the money that is deposited than the money that can be won, and it is not because I am a negative person, but rather that you have to be quite realistic with things, as players we are thinking people, if we have enough money to afford to play in a casino for "fun" it is ideal, otherwise if we do not have money and risk it in a casino, that is one of the most irresponsible acts that can be seen.

I know that each person is the owner of their actions and obviously is the owner of their money and that is something that we cannot deny, but we can advise, if a person who has almost no money and goes to a casino thinking that he can multiply his money, I would tell him not to do it, because that money that he wants to multiply if it depends on spending for a basic need should not be done, also in a casino you do not win everything, there it is easier to lose than to win.

I am very sure that the one who does that is not doing it well, because they play with stress, with fear and these two feelings sometimes, or stop betting well, or think clearly, it is very difficult to think with stress and fear what to think clearly without fear of losing the money destined to lose.

People who have very little money for anything, just to cover their basic needs should not think about playing in a casino, because if apart from everything they are quite new, in the game it can create a particularity, they may like it a lot, they will let yourself be carried away by emotions, enter a cycle where you want to win and you know that if you put in more money you can earn double what you have lost and that can become a double-edged sword and you lose everything, that is what you should avoid at all costs.

When a person from a poor or middle-class family gambles, their motive must be to make an income.  But many people who have enough money gamble only for fun. But rich or poor, when someone wins gambling, he enjoys it a lot. But it is true that 95% of people gamble only for earning.  And those whose aim is to earn, lose a lot through gambling. Because people from poor and middle class families think that they can win big by gambling but it is always the opposite.

I think there are more people in the lower class and middle class compared to the really rich, because most of the people in the lower class are unemployed, and the majority of them also rely on easy and quick earnings and what they think of this card is gambling.

and those in the middle class also follow that somehow, because most of the rich people value money and to maintain it they build more businesses that can produce money.

And I'm not arguing with that. Some rich people do lose a lot of money, and they can't afford that either. There are gambling addicts among them, no doubt about that. I just wanted to draw attention to this dangerous way of thinking: "Today I lost $1k, but there are a lot of people among the high rollers who lost about the same amount. So, no big deal, right". It is a big deal for you, mate, f you are not a millionaire.

To bad people dont realize that gambling is entertainment, but give birth here to topic such as gambling and earning, would I get X bucks daily and etc Gambling when a person in short of money, or wants to fix his financial problems with gambling is the stupidest thing in the world. Only in movies people succeed in gambling, and only individuals  among million succeed irl. If a person dont have sufficient money, he would better work more effective or find a side job, instead of testing luck in gambling.