Topic: Do you gamble because you don't have sufficient money? - page 5. (Read 7087 times)

an idea to contemplate and discuss is if poor people remain poor for lack of skill, lack of opportunity, a combination of both or something else that is different than that.
emotional awareness is something to consider as you mentioned but risk management too, many such stories of rich people who become poor and vice versa.

Business man doesn't like the money,who words is this.Because it's against the normal nature of science.Such people become the rich person, because they like to generate the money by various way.Gambling is also the money making technique to the rich people.They only choose the gambling site as their entertainment platform.Some of the OP point was true,because rich gamblers never do the expect of the money from the gambling site.So the rich gamblers never get stress after the loss in the gambling site.The attitude towards making money from the gambling site was very less among the rich gamblers.


They will play the free game in the gambling site till they learn the game,because they will free from the losses.If the gamblers play the game with the real money,mostly they loss of money at the early stage of the game.But the important one is gamblers must play the initial game with low money for betting.So the initial loss will be low and don't make you to feel more uncomfortable.

Huppercase gambling is a business venture for the operators but in this context of discussion what the above statement means is gambling in the aspects of the gambler and not the casino Operator, so for the gambler, gambling shouldn't be taken as a place to make money, but where to have fun because the casino system is developed in a way that most games outcome is to favour the house that is the reason there is house edge so any gambler that takes gambling winnings as means to make money will be disappointed in the end since the outcome will always favour the casino and not the gambler.

No way! I refused to believe your first paragraph. It's like you are saying rich people goes into business because they don't like money but because they just want to make the money, that's not true. Gambling is place primary for making money, any one can change their opinion but that's the truth and nothing but then truth. However, a rich person might be playing for fun and less motivation for money like the way a poor person would have in the first place.

If the casino are doing it for free, I'm sure they would by now be out of the he business, they are there to make money because they spend money on marketing to get your attention, they pay you when you win and they get paid when you lose and that's how it work continuesly until you either win them or you lose everything to them.

I think that poor people can be financially different, after all, this stratum of the population also has those who earn more and earn less.
Nevertheless, the only thing that matters in gambling is that you are very rich, or you are poor or middle class. The difference is that the rich play for emotion, and the poor play for hope. And only in rare cases, they do not hope for a monetary victory, but only for getting good emotions.

I will never make a suggestion to a gambler to gambles when he is financially incapacitated, because even if he manage to look for little amount and use for gambling, there is no hope or certainty for him to win, so I don't see the essence why he should not rather uses the money and feed himself or for other purpose and wait till he is being able to afford having enough to be used for gambling purpose, we shouldn't forces ourselves to gambling, it has to be done under free and convenient atmosphere suitable for us and not for us to gamble and leave other things to be done undone and we are also affected.

Cash flow in the classic form that adds money to our wallet, that’s what’s really important, as you say. Of course, gambling does not give us this cash flow; on the contrary, if we play constantly, they will most likely take money away from us. But there is luck, thanks to which one never knows in advance whether he will be lucky and win or not, this is exactly what makes many people play, the opportunity to get rich in an instant and the unknown.

Playing in moderation without exceeding the limits is something that everyone needs to remember, even if the money may be enough for a comfortable life. I even know a story when a person was doing very well at work and he decided that he was too lucky and lost everything in gambling, so they play not only because there is not enough money, although of course we meet such players less often than those who need it.

I know that through gambling one can earn it some extra cash but is base on luck and probabilities, so taken gambling as a way to earn may not be the right move because it may lead to gambling addiction. Though alot of individuals are into gambling base on the fact that they can earn some extra bucks. While some gamble due to the entertaining part expecially the rich .

So those taken gambling as way of getting rich quick, may endup getting themselves poorer quick . So I don't think one  should gamble with such mindset, because may endup affecting that individual negatively. Because you don't have enough cash and you planning to gamble with the little you have , that's why one should always gamble with what he or she can afford to lose.

Not just a small amount but I think it's quite impossible to actually succeed in becoming a rich person, remember you are just a gambler who bets your money on luck while the name of luck can never know its arrival until whenever, and this is the reason why I say that victory in gambling is “accidental” while to be able to succeed in achieving wealth you need something that is consistent in terms of earning but gambling does not provide that. That's why I think it's a ridiculous idea to use gambling as a place to change your life.

On the other hand as I said earlier that all gamblers have a chance to win and they also have a chance to lose but maybe in different amounts and what we have to remember is that chance is nothing more than a “possibility” while losing can never be avoided completely, so somehow we have to be able to balance it, and one of the ways that the amount of losing is not too big then obviously you have to apply a lot of precautions such as putting limits in terms of budget and time involvement, controlling emotions and limiting expectations on winning.

That's right, addiction applies to anyone who does treat gambling inappropriately, of course people who are addicted to gambling are people who gamble unhealthily, such as with excessive expectations on gambling that should not be. This is not only experienced by the poor, but even with those who are rich it can happen, it's just that perhaps many are those who have financial problems or middle class. I agree with you, people who gamble with the aim of making money are not right, because the possibility of losing is more likely to make them stressed by not being able to accept the money they bet is lost.
Realizing that gambling is not a means to make money is something that must be done, to avoid greater losses. The number of those who are stressed out because of losing is also based on their own mistakes in gambling excessively.

Usually that's not where my mind goes whenever I gamble, I like the idea that most of the time that I would be gambling without worrying where I would get my next food, that's how I want to do things though, if I become that desperate I hope that I've got someone on my side to tell me that I'm doing too much and that I need to stop it. When you do this, I see it as a pitfall that would lead you to more misery that would lead you to nothing but ruin, it's probably a good idea to just hold on to that last amount of money you've got and get something for it that would benefit you more than take anything away from you. Some might think that trying to gamble that money away might lead them to something but that's not the truth, it's not going to be those stories that their last dollar turned into millions, you're going to be disappointed.

As I am a boy from a middle class family and I don't have enough money, I am not that much interested in gambling. But I have gambled for few days but here I lost most money, never saw face of profit for which now I gave it up. If money is needed for gambling according to demand then a needy person does not have money, so even if everyone likes to gamble the poor cannot play. I find that there are many middle class and poor people who gamble only to make money, they think that gambling can make money easily and become rich, but they are wrong. But there are many rich people who take gambling for fun and don't have a big celebration if they lose money and win. But when a poor man earns money by gambling, and he wins, a joy will work from within him. But in my opinion many middle class people are more addicted to gambling, they gamble only to get rich quick and lose money. But it can be confirmed that middle class and poor people are more addicted to gambling, and they gamble to earn money, but rich people are not much addicted to gambling.

Just as it is true that luck will not always be on your side, it is also true that if you gamble to the best of your ability, the outcome is much more likely to go in your favor. We always say that gambling is directly dependent on luck but gambling is not directly dependent on luck but here winning or losing depends a lot on one's gambling strategy. How much money you should gamble, when you should stop gambling or how much risk you should take will all depend on your gambling strategy. If you don't care about all these and gamble with your own money only depending on your luck, then that is not a proper gambling strategy and gambling with this strategy you can lose everything in one gamble. So in every gamble depend on your own skill instead of directly relying on luck and hopefully the result will be very much in your favor.

That makes sense, because I think there are also people who gamble thinking that gambling is a quick way or shortcut to suddenly create wealth, but maybe this only happens to people from the lower middle class. because those from the lower middle class definitely want to change their lives and also with gambling that can give them easy wins, this is one of the reasons they gamble because they really want to get money quickly and instantly. but in reality it is certainly not as easy as what gambling companies advertise. The winnings in gambling seem to be hidden so deeply, that they have to lose first or even in a row, even though there is luck that will give them a sudden win, that doesn't mean luck will continue to happen.

with rich people who already have a lot of money, it's unlikely that they will be interested in gambling if it's not for fun, but if they already have a lot of money and are gambling and responding wrongly, that might make them addicted to gambling, but that's the goal. most rich people are probably just out for fun. because you shouldn't gamble with the aim of making money or improving your financial situation.

Surely it should be approached for a reason that we can still enjoy it. We want to win, that's given but let's not cross the line of making it like a kind of work where we are gambling every day to see if our luck is on our side. We should always consider the house edge because it will be the one that will keep us at bay. We cannot win, that's for sure, if ever we do what's next to it is probably a losing streak. High chance that's the next thing to happen.
I have gambled for a long time in different casino games and it always ends up that way. I win x1000 and then I can lose it again on the same day just by letting the auto bet feature run.
The only thing that we should be spending is our excess money and not the money that is meant for something important.

in as much as gambling is also considered a source of earning by winning a bet, it cannot guarantee that you'll be lucky forever, and the idea of gambling with one's last or when you are on the verge of being broke, it's not advisable that you should gamble with such money, except the only explanation is that the person is actually addi ted to gamble, because I see no reason to take such risk. for a truth, gambling is enjoyed when you don't have any pressure around you.

Most rich people are into gambling not mainly to earn money but for other reasons. Hence, they don't have the desire to gamble all the time. They usually select what game or sports they will venture into. In most cases, the sports they are passionate about. But for most gamblers in the middle class or poor, as long as they see good opportunity, they will bet on it.

But for those people who gamble just because they want to earn money, gambling will be detrimental to their small money left.

I may say yes. Reason being that the middle class or the poor sees gambling as a game of fast way of creating wealth, or a way of becoming Wealthy. The middle class always think there is always an opportunity to use gamble to change the entire story of their life by breaking out of poverty. And this singular reason has made many to get addicted and yet nothing to show for. Instead of them to win they keep losing and making the casino site Rich. The rich usually play but not often. They play  their games when they are free or when they want to have fun maybe on their vacation after time off from work, they will look for a casino to chill and gamble after which when works resume to go back. That is how the rich plays their games  because they already have a steady means of income, not like the poor who depends on it only.

in the end of the day gambling will hook some people and not others
even among rich people there are different levels of risk aversion
some rich people are not interested in risking money with the possibility of losing, neither have interest in money games
to each their own, I guess. nothing wrong with that.

It's right to know that most rich gamblers have a bigger expenses on their end, which makes them to go for gambling. However, most people are not organized enough to handle the disputes gambling could cause to a rich person. Addiction is a gambling obstacle for everyone who don't look into how they gamble, both rich and poor. It's certainly truth that some low income players engage in gambling for the funds. Yet, the goal for gambling shouldn't be anything like that, it's more stressful for a player to only focus on making money. If rich players can take loan for gambling, that means gambling behavior is similar for all gamblers. Both the rich and poor also take loans for gambling.

Looking into gambling as a place to earn is not the right thought. Players need money to gamble not just time. A person with little funds on him would focus on other reliable means of making a living. We all need to win, that's certain, a player must win. But not often. Gambling with the last card or on low income, puts lots of pressure on the player. He, may lose them all, what next would he do other than taking loans. Those who gamble because they have insufficient funds are risking their financial status. The rich have no such reason because they've got enough money to wager. But a person who is not sure of his moves after losing all that money in gambling will have himself to blame. The stress, discomfort, and anxiety that comes with losing all we've got in gambling will fall on the player.