Do you gamble because you don't have sufficient money? - page 7.

Rabata

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Quote from: Su-asa on April 28, 2024, 12:24:56 PM

Quote from: Mr. Magkaisa on April 28, 2024, 08:10:01 AM

- There are other gamblers who actually gamble because they are hoping to get lucky gambling with the small amount they have. Many such gamblers just grow a small amount of gambling and then hope it will grow in a short period of time because of the luck they are looking forward to.

And for the rich who gamble, it seems normal for them, and they have no hard feelings even if they lose because they know that they can recover their losses because they have businesses where they can get a source of money from poor men who are not in the crowd.

It's obvious that a lot of gamblers are already aware that the risk in gamble is higher than the luck in gamble. Some gambler have gambled for months and they haven't yet win any money but few gamblers have gamble even in their first try in gambe, they still win some good money that can make them to gamble next time. The rich gamblers doesn't feel bad when they lose because their emotions is not set on those kind of money, and even if they win from gamble they will still gamble the money back to the casino, so I think that the rich gamblers are just gambling for entertainments.

The general purpose of gambling is to earn money by gambling. If a rich man could be lured into gambling by the lure of money, then all the rich would gamble. I can definitely say that a poor gambler is more attracted to gambling than a rich gambler. The poor gambler tries to change his financial situation by winning from there. Moreover, the reality is that those who need money dream big and act accordingly. But a rich person only thinks of gambling as fun. Even if he loses money, he will not worry about it. But in some cases it may be wrong. Because there are some people who try to find different ways to win more.

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Quote from: junder on April 28, 2024, 05:35:17 AM

Quote from: entertheabyss on April 28, 2024, 04:00:11 AM

Insufficient money will always be the problem. We staked high money, we should be doing our best to make sure these figures generates huge profits. We strive for greatness but we should also know the risks involved whenever we're in position of placing wagering in the system. Facing financial challenges will always make us shocked because we suffer for good cause.

That's the problem, I'm sure the majority of people must have experienced this. Financial problems are commonplace and not strange anymore. With the existence of gambling that says it can provide easy wins, this is a solution for some people who are desperate with their financial problems, they gamble hoping to get a win that can improve their financial situation. So they don't realize that gambling is a business that was developed to make a profit, even though there are players who win but not all players can win because I'm sure the percentage of people who win and the percentage of people who lose is more people who lose.

When they already think gambling is a solution to be able to improve their financial situation, they will not be able to see the risks that must occur such as losing money that is certain. It is unfortunate when they are like that, thinking gambling can fully help them but in the future it is only misleading. If you don't have money then the thing to do is to work to make money, not to rely entirely on gambling, as ridiculous as it sounds.

Desperate people sometimes think wild ideas are their only way out. But gaming as a financial lifeboat? Man, thats dangerous thinking. Not how things operate. Casinos and bookies arent charitable. The system encourages long-term loss. Its math, not luck. I understand the excitement and hope. But trying to beat the odds is dumb. We must be honest with ourselves and others. Hard labor and sensible money habits lead to stability. We need education and understanding... Instead than wasting money on a delusion, develop something lasting.

Su-asa

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Quote from: Mr. Magkaisa on April 28, 2024, 08:10:01 AM

- There are other gamblers who actually gamble because they are hoping to get lucky gambling with the small amount they have. Many such gamblers just grow a small amount of gambling and then hope it will grow in a short period of time because of the luck they are looking forward to.

And for the rich who gamble, it seems normal for them, and they have no hard feelings even if they lose because they know that they can recover their losses because they have businesses where they can get a source of money from poor men who are not in the crowd.

It's obvious that a lot of gamblers are already aware that the risk in gamble is higher than the luck in gamble. Some gambler have gambled for months and they haven't yet win any money but few gamblers have gamble even in their first try in gambe, they still win some good money that can make them to gamble next time. The rich gamblers doesn't feel bad when they lose because their emotions is not set on those kind of money, and even if they win from gamble they will still gamble the money back to the casino, so I think that the rich gamblers are just gambling for entertainments.

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Quote from: Gaza13 on April 28, 2024, 10:45:18 AM

Quote from: boltz on April 27, 2024, 11:45:55 AM

Personally I don't because I also don't have a great financial situation in order to bet a lot of money and I'm glad I don't take loans to bet , I'm glad I don't ask my friends for money and stuff but I'm always glad when I get some free bets to place it on Esports because that is what I love to bet...Cs2 , Dota 2.

However, if you bet your dinner and your bills ...that is not a great sign at all and I can admit that once I've gambled a bit from my rent money and since then , I never did it again and never will. Grin

Your wise move is correct in this case. It seems like you managed to restrain yourself or took your own experience from what you did before. If we force ourselves too much to continue playing this game it will be a problem for you, especially if you take a loan from anyone, this will cause double problems in your life. This will make you sink deeper into your financial condition. It's best not to push yourself too hard if you don't have enough money to gamble.

Most of the people who gamble don't have a really bad financial situation yet they are amazed by other people huge wins which in some countries those max win on a specific slot machine can be a life changing event and as such many people especially in countries with a huge population start to gamble.I have seen lately that people from India are quite some gamblers as they are filling in the chats of many reputable casinos that I use to follow and play and this is becoming more and more common,the same to people from Indonesia and that is why in most reputable casinos they let you display your cryptocurrency in Indonesian Rupees INR.

So that is the real reason why gambling starts,to follow a dream you cannot think of a way to fulfill otherwise in the short time.

Gaza13

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Quote from: boltz on April 27, 2024, 11:45:55 AM

Personally I don't because I also don't have a great financial situation in order to bet a lot of money and I'm glad I don't take loans to bet , I'm glad I don't ask my friends for money and stuff but I'm always glad when I get some free bets to place it on Esports because that is what I love to bet...Cs2 , Dota 2.

However, if you bet your dinner and your bills ...that is not a great sign at all and I can admit that once I've gambled a bit from my rent money and since then , I never did it again and never will. Grin

Your wise move is correct in this case. It seems like you managed to restrain yourself or took your own experience from what you did before. If we force ourselves too much to continue playing this game it will be a problem for you, especially if you take a loan from anyone, this will cause double problems in your life. This will make you sink deeper into your financial condition. It's best not to push yourself too hard if you don't have enough money to gamble.

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Quote from: uneng on April 28, 2024, 09:05:25 AM

These gamblers are dreamers looking for a sudden life-changer which will solve all their financial difficulties overnight, without any extra planning, effort or time consuming from their side. When gamblers try turning small amounts of money into big cash, they usually go through the lottery route, as the tickets are pretty cheap, while the prizes are huge, sometimes reaching the 7 or 8 digits (in dollar currency).

Well, such thought is mostly among poor people who have nothing to fall back to that's why they feel gambling is their only option to earn a fortune. Well some have been very lucky to profit through it, I have heard of a certain guy in my area who won about 20million naira with just 600 naira but such luck does not happen everytime because since then Ii have never heard anyone winning such amount anymore so i agree with you when you said those set of people who see gambling as a life changer are dreamers. The difference between a poor and rich gambler is that a rich or wealthy gambler sees it as a form of entertainment and even when they try to make huge profit from it, they're capable of increasing their stake, while poor gamblers are those that would want to use 100 naira to make millions which is very rare in gambling. Such people are the ones who sees gambling as an opportunity to get rich.

uneng

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Quote from: Mr. Magkaisa on April 28, 2024, 08:10:01 AM

- There are other gamblers who actually gamble because they are hoping to get lucky gambling with the small amount they have. Many such gamblers just grow a small amount of gambling and then hope it will grow in a short period of time because of the luck they are looking forward to.

These gamblers are dreamers looking for a sudden life-changer which will solve all their financial difficulties overnight, without any extra planning, effort or time consuming from their side. When gamblers try turning small amounts of money into big cash, they usually go through the lottery route, as the tickets are pretty cheap, while the prizes are huge, sometimes reaching the 7 or 8 digits (in dollar currency).

At same time, winning a huge prize like that isn't the guarantee for anything, as we have already seen many cases of gamblers who got millionaire, but ended wasting all the earned money in worthless things or ended betrayed or murdered by their partners on the process. To be a lucky jackpot winner isn't enough: management skills are also very important in order to maintain the patrimony on long run, and keep it generating sustainable income along the years. When both elements are present on the equation, then we can consider it's a real life-changer.

Mr. Magkaisa

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- There are other gamblers who actually gamble because they are hoping to get lucky gambling with the small amount they have. Many such gamblers just grow a small amount of gambling and then hope it will grow in a short period of time because of the luck they are looking forward to.

And for the rich who gamble, it seems normal for them, and they have no hard feelings even if they lose because they know that they can recover their losses because they have businesses where they can get a source of money from poor men who are not in the crowd.

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Quote from: adpinbr on April 27, 2024, 11:37:42 AM

Yes, I will see that you are right and extend because so many people that is gambling today is because they are trying to make more money for themselves and they gamble in the manner of not having sufficient money and trying to make more money. I have seen different kind of people that is doing the sentence in fact High chance of people that is gambling now all gambles is trying to make money because everyone intention is to make money and gambling even wants to make more money I want to be richer so that is why they gamble high

The volume of the lower/middle class participants may truly be higher but I guess the amount of money played by the rich people to which have lower population may be higher. Because they have bigger funds so still they have a bigger part in circulating the money in the casino. Which else to they need to participate in that, of course to still multiply their money faster.

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Quote from: Gozie51 on July 21, 2023, 09:47:05 AM

So my question is, is the percentage of the rich gambling lower than the middle and lower class?

I totally agree with what you said. The rich gamble less, they spend most of their time going on tours, clubbing, dancing, going on long drives with their girlfriends, mostly with girls.

Lower and middle class people are more addicted to gambling. Because greed works in them. They want to live a luxurious life like the rich. So they find shortcut ways to get rich. And on this short cut road they lost everything and became destitute.

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Quote from: entertheabyss on April 28, 2024, 04:00:11 AM

Insufficient money will always be the problem. We staked high money, we should be doing our best to make sure these figures generates huge profits. We strive for greatness but we should also know the risks involved whenever we're in position of placing wagering in the system. Facing financial challenges will always make us shocked because we suffer for good cause.

That's the problem, I'm sure the majority of people must have experienced this. Financial problems are commonplace and not strange anymore. With the existence of gambling that says it can provide easy wins, this is a solution for some people who are desperate with their financial problems, they gamble hoping to get a win that can improve their financial situation. So they don't realize that gambling is a business that was developed to make a profit, even though there are players who win but not all players can win because I'm sure the percentage of people who win and the percentage of people who lose is more people who lose.

When they already think gambling is a solution to be able to improve their financial situation, they will not be able to see the risks that must occur such as losing money that is certain. It is unfortunate when they are like that, thinking gambling can fully help them but in the future it is only misleading. If you don't have money then the thing to do is to work to make money, not to rely entirely on gambling, as ridiculous as it sounds.

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Quote from: adpinbr on April 27, 2024, 11:37:42 AM

Yes, I will see that you are right and extend because so many people that is gambling today is because they are trying to make more money for themselves and they gamble in the manner of not having sufficient money and trying to make more money. I have seen different kind of people that is doing the sentence in fact High chance of people that is gambling now all gambles is trying to make money because everyone intention is to make money and gambling even wants to make more money I want to be richer so that is why they gamble high

When people wants to make more money from gambling, they must thinks about the right or wrong and how they can do that. They must thinks about many people already fail in the middle of that way and they should not follows that way instead search for the other ways to make money. Playing gambling is just for fun and not for make money because we are insufficient of the money. Those who thinks like that will lose their money, even they will lose all of their money without have a chance to gets their money back. The chance for people to make money from gambling is not big although some people can make money from gambling, but most people will fail and if they realizes about this, they must not trying to do that. Many people wants to becomes rich people but they must knows how to use the right way and not from gambling.

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Quote from: adpinbr on April 27, 2024, 11:37:42 AM

Yes, I will see that you are right and extend because so many people that is gambling today is because they are trying to make more money for themselves and they gamble in the manner of not having sufficient money and trying to make more money.

The rich may also not have “enough money,” no matter how funny that may sound. There is never enough money and therefore, the rich may gamble to further increase their wealth. Whether this can be done in a casino is another question, because casinos are certainly not the place where people become richer. I would say even the opposite.

Quote from: adpinbr on April 27, 2024, 11:37:42 AM

I have seen different kind of people that is doing the sentence in fact High chance of people that is gambling now all gambles is trying to make money because everyone intention is to make money and gambling even wants to make more money I want to be richer so that is why they gamble high

Everyone wants to make money, no need to lie here: both gamblers (whether rich or poor) and casinos. No one bets to lose, and the casino does not function to make its customers richer.

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Quote from: adpinbr on April 27, 2024, 11:37:42 AM

Yes, I will see that you are right and extend because so many people that is gambling today is because they are trying to make more money for themselves and they gamble in the manner of not having sufficient money and trying to make more money. I have seen different kind of people that is doing the sentence in fact High chance of people that is gambling now all gambles is trying to make money because everyone intention is to make money and gambling even wants to make more money I want to be richer so that is why they gamble high

Insufficient money will always be the problem. We staked high money, we should be doing our best to make sure these figures generates huge profits. We strive for greatness but we should also know the risks involved whenever we're in position of placing wagering in the system. Facing financial challenges will always make us shocked because we suffer for good cause.

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Quote from: Ojima-ojo on April 26, 2024, 03:56:02 PM

Really it is a mess if one think in that direction because Gambling is an unpredictable event and for such it can't be rely on to make any significant improvement for financial gains, this is why gambling should be taken as a fun thing and nothing more than that, because if you as a gambler have such mindset to make money from gambling or trying to gamble because you need money....

Such approach will only results into a more severe outcome since you are not certain of the ability to win any bets.

In the event that you're looking for the most effective way to get the most out of your own home, you'll want to look at a few of the best ways to get the most out of your own home. And if people who gamble the goal is to improve their financial situation, it will not be able to run smoothly according to what is expected, of course what people want is to gamble and get a win, while getting a win is not easy, even if they cannot control themselves they will fall deeper into gambling which will make them experience even greater losses.
Indeed, it is not natural to gamble excessively, gambling reasonably is what must be done so that there is no greater loss. Moreover, gambling to make money is a very wrong principle. It is true what you said, people who respond to gambling wrongly then their approach will be wrong and lead them to misery only.

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Quote from: 348Judah on April 27, 2024, 11:44:50 AM

Let's try to iron things out here for our good, if we want to gamble just because we wanted to cease and opportunity in meeting up with a particular demands for money and we have considered the risk as well as the chances for winning or loosing, we can go for it, but nevertheless, we shouldn't forget that this is not part of the major expectations we should be having with gambling because it's not a means of making money, neither is it an investment in which we earn money from, we are to use our own personal money to gamble, but there are cases whereby we can have the opportunity of earning through this, which I see as not a bad idea for us to take opportunity in.

In gambling, anyone is free to have their own goals and use whatever money they have to bet, but they must remember that the risk is always greater than the chance of winning.
Everything must be considered and do not use more money in gambling if the amount of money is not the money that can be received when lost, maybe if we win it can be doubled but if we lose we will lose everything.
Moreover, using gambling as place or means of making money is not something that is worth doing, it can be very fun if succeed in multiplying money, but the percentage of success is very small.
If the money have is quite limited and gamble with that money for the purpose of multiplying it, then I sure that the end result, if fail will be quite deep regret and disappointment.

From what is done in gambling to avoid all risks and bad impacts, only use money that is truly acceptable to lose and don't think about making money from gambling, this is the most important attitude that must be taken in my opinion.

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Personally I don't because I also don't have a great financial situation in order to bet a lot of money and I'm glad I don't take loans to bet , I'm glad I don't ask my friends for money and stuff but I'm always glad when I get some free bets to place it on Esports because that is what I love to bet...Cs2 , Dota 2.

However, if you bet your dinner and your bills ...that is not a great sign at all and I can admit that once I've gambled a bit from my rent money and since then , I never did it again and never will. Grin

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Let's try to iron things out here for our good, if we want to gamble just because we wanted to cease and opportunity in meeting up with a particular demands for money and we have considered the risk as well as the chances for winning or loosing, we can go for it, but nevertheless, we shouldn't forget that this is not part of the major expectations we should be having with gambling because it's not a means of making money, neither is it an investment in which we earn money from, we are to use our own personal money to gamble, but there are cases whereby we can have the opportunity of earning through this, which I see as not a bad idea for us to take opportunity in.

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Yes, I will see that you are right and extend because so many people that is gambling today is because they are trying to make more money for themselves and they gamble in the manner of not having sufficient money and trying to make more money. I have seen different kind of people that is doing the sentence in fact High chance of people that is gambling now all gambles is trying to make money because everyone intention is to make money and gambling even wants to make more money I want to be richer so that is why they gamble high

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Quote from: Huppercase on April 26, 2024, 03:51:06 PM

The rich gamble to win but they aren't always as desperate like the poor people but that doesn't mean everyone is not looking for the money in gambling, any time people I hear people saying they gamble for fun it makes me laugh because I think they are just hidding their inner mind as that's not their true intentions.

You have said it all. When I come across comments like that, I laugh out loud more than you do. I will keep saying that we all gamble because we want to win(make money), if it was for fun no need to analyze, or care about your risks, you would have just placed random bets but that isn't the case, we keep lieing ourselves.

Truth be told,most persons gamble because they don’t have sufficient money, blindfolded with the fantasies of casinos and end up finding that its far from reality. As gambling isn't and never a means to make money.

Topic: Do you gamble because you don't have sufficient money? - page 7. (Read 7205 times)