Many gamblers who see it as means of getting rich rather fun faced the poverty as emphasize, gambling some time is also a game that can shaping one emotional feeling towards money, for me it very crucial to use this as to to checkmate the level of greed one has become if you can't control your emotions during gambling it means when you have sufficient financial you can't invest it properly. Gambling can reim a player to poverty when the player lack control and invested above his discretionary or spare income above what he or she can losses.
This is seen as one of the main reasons for becoming poor, where most gamblers take gambling as a form of entertainment and later lose control when they end up losing more than making a profit. Most gamblers cannot control their emotions and although they initially think they can control themselves while gambling, later they become so violent due to their feelings and emotions that they cannot stop themselves. Even a rich gambler who loses control will eventually become a poor gambler.
Topic: Gambling is short cut to poverty (Read 8606 times)
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
Of course, this can happen to some players when they get an inheritance or other money that they can start to manage. And of course, it is very dangerous when they get to those players who do not know how to stop themselves in the game and take losses for too long, getting into tilt and not controlling themselves at all. The thing is that they can lose everything in a couple of days. And what is most interesting with the thought that they will play just a little to win about 10% -20% of this money and quickly run away. But gambling sucks in very strongly, so it is impossible to run away from it, especially considering yourself the smartest player who wants to beat the casino.
Many gamblers who see it as means of getting rich rather fun faced the poverty as emphasize, gambling some time is also a game that can shaping one emotional feeling towards money, for me it very crucial to use this as to to checkmate the level of greed one has become if you can't control your emotions during gambling it means when you have sufficient financial you can't invest it properly. Gambling can reim a player to poverty when the player lack control and invested above his discretionary or spare income above what he or she can losses.
This is seen as one of the main reasons for becoming poor, where most gamblers take gambling as a form of entertainment and later lose control when they end up losing more than making a profit. Most gamblers cannot control their emotions and although they initially think they can control themselves while gambling, later they become so violent due to their feelings and emotions that they cannot stop themselves. Even a rich gambler who loses control will eventually become a poor gambler. 
Some gamblers gamble to get rich and some gamble to earn money. If a gambler chooses gambling for any of the above, he will lose his money. Gambling is not a source of income. A gambler has to prepare for each bet. If he is lucky, he can win some money there and if not, he will lose his wealth. Gambling to overcome poverty means losing more money. I see some gamblers who constantly dream of winning big money from gambling but the result is that they lose more than they win on their bets. But they still try to turn that dream into reality. If gambling like this, the gambler will definitely lose more in the future.
Buddy it is funny to even see people thinking that they can use gambling to overcome poverty as you said, for anyone to think to that end, it really mean that such person doesn't really know much about gambling or he or she fails to take gambling concepts into consideration before involving him or herself in gambling activity as such I will be expecting such person to be ready to lose more or swim more into the said activity, i think one of the main reason why some people think thay can be very wealthy through gambling is greed and inability of individuals to differentiates between gambling and investment, it not as if we can't win as gamblers, yea we will but when a gambler now sees gambling as a sure thing, it becomes a problem that may lead to something else if precautionary measures are not initiated fast, for me, it is better we see gambling as it is, follow it with carefulness and more especially admit that it is a luck thing so that we can have peace of mind if events eventually goes against our expectations.
Unfortunately, there are a lot of poor people. And their logic is hard to understand. But here we have a vicious circle: people are poor because they are uneducated (in gambling they do not understand how small their chances of success are), and because they are uneducated, they lose money instead of investing it in profitable businesses. And without money they cannot get an education. And this circle is very difficult to break. Because an ordinary poor gambler must literally understand his situation on his own, and have the strength to start changing it.
Some gamblers gamble to get rich and some gamble to earn money. If a gambler chooses gambling for any of the above, he will lose his money. Gambling is not a source of income. A gambler has to prepare for each bet. If he is lucky, he can win some money there and if not, he will lose his wealth. Gambling to overcome poverty means losing more money. I see some gamblers who constantly dream of winning big money from gambling but the result is that they lose more than they win on their bets. But they still try to turn that dream into reality. If gambling like this, the gambler will definitely lose more in the future.
Buddy it is funny to even see people thinking that they can use gambling to overcome poverty as you said, for anyone to think to that end, it really mean that such person doesn't really know much about gambling or he or she fails to take gambling concepts into consideration before involving him or herself in gambling activity as such I will be expecting such person to be ready to lose more or swim more into the said activity, i think one of the main reason why some people think thay can be very wealthy through gambling is greed and inability of individuals to differentiates between gambling and investment, it not as if we can't win as gamblers, yea we will but when a gambler now sees gambling as a sure thing, it becomes a problem that may lead to something else if precautionary measures are not initiated fast, for me, it is better we see gambling as it is, follow it with carefulness and more especially admit that it is a luck thing so that we can have peace of mind if events eventually goes against our expectations.
Many gamblers who see it as means of getting rich rather fun faced the poverty as emphasize, gambling some time is also a game that can shaping one emotional feeling towards money, for me it very crucial to use this as to to checkmate the level of greed one has become if you can't control your emotions during gambling it means when you have sufficient financial you can't invest it properly. Gambling can reim a player to poverty when the player lack control and invested above his discretionary or spare income above what he or she can losses.
Some gamblers gamble to get rich and some gamble to earn money. If a gambler chooses gambling for any of the above, he will lose his money. Gambling is not a source of income. A gambler has to prepare for each bet. If he is lucky, he can win some money there and if not, he will lose his wealth. Gambling to overcome poverty means losing more money. I see some gamblers who constantly dream of winning big money from gambling but the result is that they lose more than they win on their bets. But they still try to turn that dream into reality. If gambling like this, the gambler will definitely lose more in the future. 
. There are some gamblers who will find it very difficult to move on when they lose huge amounts of money in a bet. Taking a small risk as amateur gambler is better than trying to do it rough. There are times when we have to ensure to make some certain decisions that could earn some profits without taking too much time. Losses is inevitable in gambling which is why your safety as gambler is very important.
Many gamblers believe that they maintain a cash balance by betting only on re money that they can spend. But what about extra money that comes unexpectedly? For example, an annual bonus or an inheritance. Well, or, for example, a lottery win. It would seem that daily wagers can outlive the fact that this money will be spent on gambling. But in fact, you should not spend extra money on this. It is better to put them aside and save them in case there are unexpected expenses in life.
Many gamblers who see it as means of getting rich rather fun faced the poverty as emphasize, gambling some time is also a game that can shaping one emotional feeling towards money, for me it very crucial to use this as to to checkmate the level of greed one has become if you can't control your emotions during gambling it means when you have sufficient financial you can't invest it properly. Gambling can reim a player to poverty when the player lack control and invested above his discretionary or spare income above what he or she can losses.
. There are some gamblers who will find it very difficult to move on when they lose huge amounts of money in a bet. Taking a small risk as amateur gambler is better than trying to do it rough. There are times when we have to ensure to make some certain decisions that could earn some profits without taking too much time. Losses is inevitable in gambling which is why your safety as gambler is very important.
Many gamblers believe that they maintain a cash balance by betting only on re money that they can spend. But what about extra money that comes unexpectedly? For example, an annual bonus or an inheritance. Well, or, for example, a lottery win. It would seem that daily wagers can outlive the fact that this money will be spent on gambling. But in fact, you should not spend extra money on this. It is better to put them aside and save them in case there are unexpected expenses in life.
SO BEWARE! gambling is a system designed for you to lose money.
BEWARE ! Food is created for you to lose money, as you still feel hungry with time after eating.
Dont be ridiculous. Gambling is an activity where you pay to test luck, and the result of this test is random. As people are all different, some of them wants to test luck again, but some have it enough after few tries. People only need to find harmony with themselves and be disciplined. Having lack of self control is a short cut to poverty, but gambling itself does not. Those who focus only on money, they always lose.
hero member
Activity: 826
Merit: 552
Leading Crypto Sports Betting & Casino Platform
Not every gambler that won millions of dollars became broke after then, some people who luckily made such huge win, decided to do something good with their money and they did better their life afterward. Although so many lucky winners after winning such huge amount, still went back to poverty.
If you were winning a huge amount in gambling before, you should know better by know that once you get a huge win, you need to take a brake and spend the money on a reasonable investment.
One of the reasons why some people always say that jackpot winners run broke after winning large amounts of money is because of the type of money people who are close to them that have won large amounts and how they have used that winning. They tend to generalise it that all gamblers that win large amounts of money always end up spending more than half of it in the same system where they will be busy looking for means to multiply what they have already won; greed is what leads many of them to losing everything.If you were winning a huge amount in gambling before, you should know better by know that once you get a huge win, you need to take a brake and spend the money on a reasonable investment.
There's this saying, that growth starts from the root and people who lack financial knowledge can not be able to manage and maintain a huge abrupt money. That is reason why so many people that have won jackpots didn't make good use of the money and later became poor again even after winning a life changing amount. When you didn't learn how to grow from the root and you have not have any knowledge of financial control before, it becomes hard to manage a huge amount.
With gambling gaining awareness each day and the population of those gambling increasing it's calls for concern as many has fallen victim to this money sucking game that makes people not to save their money but loss it.
But let's take a critical look at this very sensitive matter called gambling has anyone really made it from gambling, is gambling worth it and if really anyone has made it through gambling can he/she proudly tell the younger ones that gambling is what going into.
Infact gambling has made many to go broke and live in poverty many has lost their life savings and even pension in gambling, I am of the view that gambling should be controlled by the government of each country and that there should be a maximum amount of money one should use in gambling.
But let's take a critical look at this very sensitive matter called gambling has anyone really made it from gambling, is gambling worth it and if really anyone has made it through gambling can he/she proudly tell the younger ones that gambling is what going into.
Infact gambling has made many to go broke and live in poverty many has lost their life savings and even pension in gambling, I am of the view that gambling should be controlled by the government of each country and that there should be a maximum amount of money one should use in gambling.
it is not just a short cut to poverty i will share some story i heard and saw before .
There is one business man who is very successful in his field and make his small business to a medium one and earn alot.
saved a lot! but due to easy access to casinos with our technology now. all of his savings went gone because on losing money.
His business also died due to his lack of focus and some of his staff leave him. (this is the short way to poverty)
Another story is not to poverty but to other side of the world.
This guys went all in and not just his savings and money. but also did a loan and all of his loan is unpaid which banks go to him and collect payment which he cant afford to pay anymore.
One day his family found him dead on his bed room! he end his own life!
SO BEWARE! gambling is a system designed for you to lose money.
Gambling is not easy like the way many people do explain it to others. Gambling is very risky and it will be wise when you take the right risk when trying to make money from betting. Betting is for those that can accept losses when their predictions do not go has planned. There are some gamblers who will find it very difficult to move on when they lose huge amounts of money in a bet. Taking a small risk as amateur gambler is better than trying to do it rough. There are times when we have to ensure to make some certain decisions that could earn some profits without taking too much time. Losses is inevitable in gambling which is why your safety as gambler is very important.
Exactly, good for those who can handle the pressure both when winning or when you are in the losing side, as long as you are capable to move forward and forget about it after whatever results happen, though it's not as easy as it is when you are in the actual situation as gambling can easily hook you if your control is not that much.
You need to have that good practice before you take your chances, as most of the time, gambler thinks that they are just doing it to have some fun but along the way they already changing the patterns and realized that they already suffering with their finances.
Yeah right, if you can't control your emotions then you are prone in losing a lot since you are not willing to let go whatever you lose then you'll be force to add more in order to recover those money, it only adds pressure to you since you wanted to quickly recover your money placing you in a situation where you will just add more money each time your balance got emptied.
Better to quit while you still have the chance and forget about those amount, think about it as payment for your entertainment and nothing more, with that perception you'll be able to stop and not to push yourself to keep on playing.
Or it coudl be a recipe to disaster if you think that way....
It's indeed a recipe for disaster, when it comes to gambling there's absolutely nothing sure about it even sports betting is unpredictable, some gamblers try to take advantage of safe options so they can constantly be in profit but it doesn't actually work that way. Today the match between leganes and AthletiCo Madrid ended up with a shocking result. I have this friend that normally stakes on games like this with 100 dollars and above with the intention of making small profits from it, today he decided to stake 200 dollars because he was very sure about atl Madrid but leganes won the game. If gambling isn't done with the mentality of having fun it can ruin your mental health and make you bankrupt.
Many people expected AthletiCo Madrid to win the game because already AthletiCo Madrid is a big team and winning won't be difficult but it was a surprise to see them lose to leganes. In gambling anything can happen that is why one needs to be careful when playing games like this. No matter how good the team you are in support to win never use so much money to bet because anything can occur that the outcome of the game will be different from the expected.
...
Thus, gamblers who are unable to be disciplined and gamblers who cannot control their emotions properly, then gamblers like this will be closer to poverty and life problems that are increasingly difficult and chaotic. With this difference, I personally cannot say that gambling is a shortcut to poverty, because not all gamblers are bad.
Thus, gamblers who are unable to be disciplined and gamblers who cannot control their emotions properly, then gamblers like this will be closer to poverty and life problems that are increasingly difficult and chaotic. With this difference, I personally cannot say that gambling is a shortcut to poverty, because not all gamblers are bad.
It is only a short-cut to poverty if one allows it to be one, in my opinion. On casinos, nobody holds gamblers at gunpoint to force them to wager more and more and increse their risk with each new session, each one of us are responsible not only for the money we throw into casinos but also to keep sources of income stable enough for us to cover our needs fully.
That is something I have noticed from problem gamblers, their problem starts to increase in such a way through time that they become inefficient at their workplaces and eventually lose their income, from it it could be just matter of time for a former providing member of society to become a criminal living in poverty. (There are both rich and poor criminals).
Buying gold and throwing it into a deep river is also a shortcut to poverty, but nobody does it and of they did, it would be completely in their free will to do it.
Not every gambler that won millions of dollars became broke after then, some people who luckily made such huge win, decided to do something good with their money and they did better their life afterward. Although so many lucky winners after winning such huge amount, still went back to poverty.
If you were winning a huge amount in gambling before, you should know better by know that once you get a huge win, you need to take a brake and spend the money on a reasonable investment.
One of the reasons why some people always say that jackpot winners run broke after winning large amounts of money is because of the type of money people who are close to them that have won large amounts and how they have used that winning. They tend to generalise it that all gamblers that win large amounts of money always end up spending more than half of it in the same system where they will be busy looking for means to multiply what they have already won; greed is what leads many of them to losing everything. If you were winning a huge amount in gambling before, you should know better by know that once you get a huge win, you need to take a brake and spend the money on a reasonable investment.
Yeah right, if you can't control your emotions then you are prone in losing a lot since you are not willing to let go whatever you lose then you'll be force to add more in order to recover those money, it only adds pressure to you since you wanted to quickly recover your money placing you in a situation where you will just add more money each time your balance got emptied.
Better to quit while you still have the chance and forget about those amount, think about it as payment for your entertainment and nothing more, with that perception you'll be able to stop and not to push yourself to keep on playing.
The problem is when gamblers perceive gambling as investment instead of plain fun. Then they would perceive losses as price for fun they had while playing instead of lost investment.
If they proceed with gambling after losing money in order to recover the losses they are already in losing spiral in the game that is rigged against them.
Know this and know Peace, because if gambling was the fastest way to eradicate poverty why are people still working why isn't it saturated (there alot of gamblers but if it was that easy it would have been more than that.).
Going in to gambling with the wrong mindset is like throwing your money into a burning flame , you may at first win something small thinking, "so is this easy " without knowing what's waiting for you ahead with such mindset, because you will endup with countless losses till you would finally realise that gambling is for fun not for making money or getting rich over night.
Yeah right, if you can't control your emotions then you are prone in losing a lot since you are not willing to let go whatever you lose then you'll be force to add more in order to recover those money, it only adds pressure to you since you wanted to quickly recover your money placing you in a situation where you will just add more money each time your balance got emptied.
Better to quit while you still have the chance and forget about those amount, think about it as payment for your entertainment and nothing more, with that perception you'll be able to stop and not to push yourself to keep on playing.
A misconception that many has been fell, thinking that you can earn or you can grow your money from this venue only to realize that you are losing more than what you think you can, if you failed to understand the concept then it will continue to ruined your finances it's best to stop and moveaway as early as you suffer from your first defeat, else you'll continue to lose more and might ends up getting addicted and suffer more then regret everything.
If a gambler can learn some lessons from the mistakes of others and implement them in his gambling, then he will definitely be able to reduce his losses. Using gambling to earn money or to fulfill a dream means increasing his losing ratio. Gambling may be able to give a gambler more than his expectations but it cannot be used to alleviate poverty or fulfill specific goals.
Yeah right, if you can't control your emotions then you are prone in losing a lot since you are not willing to let go whatever you lose then you'll be force to add more in order to recover those money, it only adds pressure to you since you wanted to quickly recover your money placing you in a situation where you will just add more money each time your balance got emptied.
Better to quit while you still have the chance and forget about those amount, think about it as payment for your entertainment and nothing more, with that perception you'll be able to stop and not to push yourself to keep on playing.
Well for me gambling is all luck, you play you win, you play you loss whatsoever be the days fate.
Jump to: