Topic: Do you gamble because you don't have sufficient money? - page 42. (Read 6571 times)

Op this discussion made me laugh out louder while i was reading the first 4 lines from your post, anyway everyone needs money either from business or gambling, no money is big enough to quit more profits, even the world richest person is looking for ways to make more money because the more you have money the more responsibility joins together so you can spend the moneys on it.
Gamble is something people do once in awhile to see if he can make gain from it thats why I called it try your luck, we use our hard earned money to try our luck on gamble to see if we can make gains from it and if we don't make any gain than lossing we quit for that moments and try again letter so we won't end up losing the one we were supposed to you for trying another day.

If we truly valued our hard-earned money working, we would not decide to gamble and instead choose to use that money for things related to our family. But even so, there are people who will still allocate some money to be used for gambling and it doesn't interfere with their finances because it is their budget for gambling. And they can also stay within their limits while being careful not to go over their budget. And if they are short of money, they will not use gambling to make money, but they will look for other sources of income that can bring them more money.

It will only give us bigger problems by taking loans to gamble. We also won't know how big our loss will be because we could have used all the borrowed money to gamble and not use it to make something that can make money. The burden of debt on us will be great if we cannot pay it back because people who lend money usually ask for interest on the money we borrow. But if they don't charge interest, it won't be so burdensome, but still, it's a debt we have to pay them. Making money from gambling probably won't work for most people, so we have to think of other ways to make money instead of gambling if we are short of money. Precisely if we are short of money, we must be able to find sources of income that can be a place to make money, and we know that gambling will not be a promising place to make money.

Other way round, gamble only excess money thats why its ideally suited to crypto I think.  I dont want the hassle of transferring crypto back to paper money so if I bet I do it in crypto value first before I would gamble paper money.   Paper I save for bills paying because obviously most high street firms only want to accept paper also its constantly losing value thanks to modern central bank theories to destroy the capital of the common worker, lovely people.
  If you lack capital, either dont gamble or reduce your risked amounts until you either start winning more or you regain a better source to bet with.  I get the theory OP is referencing and arguably poor people spend more on alcohol also and lots of other similar spending habits but we are just talking about percentages.  The rich stay rich often because they can invest large amounts as completely spare, your average worker often spends every penny its not exclusive to gambling use.

Using borrowed money to gamble is very wrong because you can lose the borrowed money and you'll now be in debts. Only use your spare money to gamble. Money that won't cause you much thinking when you lose them that's the money we are meant to use in gambling.

Gambling can be used to generate income for a professional that's taking gambling very serious. Gambling is meant to be use for fun and entertainment but it can also be used to support your daily life income but you shouldn't depend on it because it's not certain.

I can gamble because I have sufficient money and will be willing to risk losing those that I wager and I can also gamble because I don't have sufficient money at that moment and I'm looking for a means to double the money I have at hand so reason for gambling isn't limited.

That's why they take 'risks' - they want to win something from the little amount that they have in hopes of making it big and paying whatever needs to be paid and still keep some of that money. This is the start of problematic gambling for people: not being able to pay for their bills or expenses and then take risks in hopes of doubling their money. They win one time and think that they can do it again until such time that they go in debt and not be able to pay their bills and incur some debts on the side. I've seen it happen to some people and it's devastating how much destruction uncontrolled gambling cause to people.

Someone once said that every individual who gambles is only gambling for the sake of money and not for fun. I think that's a bit correct (90%  ), but there's also the fact that some people don't just gamble because they are really very concerned and interested only in winning. I have seen someone who is working and earning well in his job, but the guy is still a gambler, and I find it difficult to believe that people like that are gambling primarily for the sake of making money from it. Although they gamble and have an interest in winning, but they have enough money to finance all their needs and pay bills. They are earning well, but since gambling is just part of them, they can't stop it. I think there are people who are just gambling for fun, and if they win or not, they will still go to gamble any time they have the time.

Casino's goal is to make every gamble. Whether you are among the haves and have-nots, you are considered a gambler and you are already in their database as among the users who gamble and it's just a matter of time and promotion, it won't take much to convince them to play.

Those who gamble for leisure travel hundreds of miles away only to gamble in a resort casino. A China man flies to Nevada only to play poker in Vegas. Pretty sure they have sufficient money to fly around so why not travel to Egypt to witness ancient pyramids for leisure, they chose a casino.

Demo accounts are not considered to be real accounts and at that, we may have diverse opinions on what class the games belong either to be categorized as gambling or just games playing,  but I think that demo accounts are not real gambling since there is nothing staked on demo.

And on the topic of whether or not playing games for pleasure could be categorized as gambling,  well to me yes gambling is gambling as far as you involved money in the form of the staked amount.

Of course we know that gambling on demo account is not regarded as gambling,bI think that can pass for a practice for the real substance which requires money and emotional attachment most times.

However, those who gamble just for leisure, can we really regard them as gambler? Like if you are a gambler then you are aiming for a reward both monetary or material wise, so that is the point whether people do gamble because they have financial craving that they want to double their money or they just gamble even though they have sufficient to take care of themselves and family.

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.