I kinda agree to this sentiment but from the people that have built up some sort of wealth, it's unlikely they would lose everything.
But for many people that are on the edge of poverty, their gambling habit can actually keep them in substantial poverty. So it's something that is causing a lot of people to remain poor. So in the long term it would be ideal to implement some sort of income based limits on the gambling platforms that are most prevalent. The UK is already implementing such system and it's helping quite a few people. Of course those more familiar with online systems would find loopholes and play with VPN, crypto, unlicensed casinos or Curacau ones etc.
So I agree with the OP but the proposed solutions are quite restrictive and only help people who have only knowledged to access proper licensed platforms. If someone wants to ruin their wealth otherwise, they'll always be other ways.
Topic: Gambling is short cut to poverty - page 15. (Read 6118 times)
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.
I will never lay my cards in gambling knowing that my life will be ruined instead of having better.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.
Gambling is not a shortcut instead a door to be more poorer.
most addictions can ruin your life somehow, financially, emotionally, spirtually, you name it...
if you lack self-control it's probably better to avoid gambling, you are right on that.
in the end of the day never risk more than what you can afford to lose is a golden rule.
"When you are struggling. This is the only way you will make enough money easily"
Unfortunately they believe it, and wouldn't feel the pains. Generally, people in that level of thought contend on their troubles with gambling as a quick solution. Increasingly, the working class are now picking up with gaming as a side hustle. Due to the circulating rumor of players that got big money capable of financial freedom. Hence, it's not just about being broke, these intending players who end up winding up the game for themselves, had greed in mind before turning gamblers.
I agree with you, there are indeed quite a few people who make gambling a side job in making money, the funny thing is that even though they have experienced many defeats, many of them still come back to try their luck again, this can be ascertained if each of the people who like to gamble have high hopes for gambling to be able to win.
(....)
The gambler who consider to get the money from gambling will pay in different manners.They will start to play with some money safety in the critical manner.Butbin the gambling,the gambling will give the biggest opportunity at the end of that game.The experienced gambler will know about the opportunities at the particular critical moment.Gamblers who get money from the gambling will not get satisfied after the money win.The will start the process for the second round here,but we know their will be loss game in the end of the game.When I heard that, I didn't know what to say, I thought I was about to cry or slap him. His mind seems already broken, how can he say that? Maybe due to what he is going for?
That’s what gamblers usually say because many have experienced winning substantial amounts of money. When they run out of money, they often turn to gambling as a way to make more. However, the problem is that their past experience of winning big might not be replicated, leading to repeated losses. Before they know it, they are already struggling financially.
Yup, thinking about that they can easily duplicate their previous wins may keep them playing, in hope that luck wil permits them and will give that chance to recover but most of the time if not in every case or scenario they will just keep adding money and lead them losing their money to the point that they already struggled with their finances. It's a quick way lose it all of you don't know how to control and balance your money.
"When you are struggling. This is the only way you will make enough money easily"
Unfortunately they believe it, and wouldn't feel the pains. Generally, people in that level of thought contend on their troubles with gambling as a quick solution. Increasingly, the working class are now picking up with gaming as a side hustle. Due to the circulating rumor of players that got big money capable of financial freedom. Hence, it's not just about being broke, these intending players who end up winding up the game for themselves, had greed in mind before turning gamblers.
When the working class use gambling as a side hustle but they don't understand how to treat gambling properly, they will not see that they only waste their money in gambling. That means, they will lose maybe all of their savings to chase the win.
They must know that gambling will not solve poverty problem but will add more problem to them. If they can realize the reality that happen with many people, they will stay away from gambling and not trying to do the same thing.
Actually, there is nothing wrong with gambling, you are free to gamble but as long as you can really divide your time well and also as long as you gamble with the right approach in the sense of being full of limits on time and the amount of money at stake, because that way you will also definitely avoid various possible bad impacts.
Yes, it's not that gambling is bad, after all, I even sometimes miss gambling after I have stayed for some days or weeks without gambling, my thoughts always reflect on it but I don't make it a priority over other important things. If I want to gamble, I don't spend above my budget because that's where you will enjoy the fun.
(....)
The gambler who consider to get the money from gambling will pay in different manners.They will start to play with some money safety in the critical manner.Butbin the gambling,the gambling will give the biggest opportunity at the end of that game.The experienced gambler will know about the opportunities at the particular critical moment.Gamblers who get money from the gambling will not get satisfied after the money win.The will start the process for the second round here,but we know their will be loss game in the end of the game.When I heard that, I didn't know what to say, I thought I was about to cry or slap him. His mind seems already broken, how can he say that? Maybe due to what he is going for?
That’s what gamblers usually say because many have experienced winning substantial amounts of money. When they run out of money, they often turn to gambling as a way to make more. However, the problem is that their past experience of winning big might not be replicated, leading to repeated losses. Before they know it, they are already struggling financially.
(....)
The gambler who consider to get the money from gambling will pay in different manners.They will start to play with some money safety in the critical manner.Butbin the gambling,the gambling will give the biggest opportunity at the end of that game.The experienced gambler will know about the opportunities at the particular critical moment.Gamblers who get money from the gambling will not get satisfied after the money win.The will start the process for the second round here,but we know their will be loss game in the end of the game.When I heard that, I didn't know what to say, I thought I was about to cry or slap him. His mind seems already broken, how can he say that? Maybe due to what he is going for?
Struggling? The only way is to gamble even more.
I don't know, but I would just let him do the things that he wants if I were you. Don't mind him and let him realize that what he's doing is wrong. Sooner or later, he will realize that what he's done is a complete mistake. His completely addicted to gambling and I know you've been in the forum for a long time, and we know how gambling acts when they're addicted into it. Sure, what he's experiencing right now is also a factor since he wants to recover his money in a quick way and the only way to do it is through gambling. The problem is what if he loses even more money.
Overall, I hope that your family member will recover from his addiction to gambling. I hope that he will realize his mistakes as soon as possible. I also hope that it didn't came to a point where he's asking money with you or with your other family members as well, but if that's the case, tell them to not let him borrow money from all of you.
"When you are struggling. This is the only way you will make enough money easily"
Unfortunately they believe it, and wouldn't feel the pains. Generally, people in that level of thought contend on their troubles with gambling as a quick solution. Increasingly, the working class are now picking up with gaming as a side hustle. Due to the circulating rumor of players that got big money capable of financial freedom. Hence, it's not just about being broke, these intending players who end up winding up the game for themselves, had greed in mind before turning gamblers.
(....)
The gambler who consider to get the money from gambling will pay in different manners.They will start to play with some money safety in the critical manner.Butbin the gambling,the gambling will give the biggest opportunity at the end of that game.The experienced gambler will know about the opportunities at the particular critical moment.Gamblers who get money from the gambling will not get satisfied after the money win.The will start the process for the second round here,but we know their will be loss game in the end of the game.When I heard that, I didn't know what to say, I thought I was about to cry or slap him. His mind seems already broken, how can he say that? Maybe due to what he is going for?
...Focusing into gambling addiction then this is something which tons of people do become that addicted because this one involves money and we do know that human beings do really love on earning money on most fastest way as possible on which this could really be only possible with gambling, this is the main reason why there are tons of people who do really get hooked into it because of the opportunity that it gives.
Where there is such an opportunity to quickly make a big profit, there will definitely be someone who will neglect the risks for the sake of the goal. But as we know, not everyone can hit a jackpot, most lose not only their savings, but also the savings of the whole family.
Isn't it abnormal in the gambling settings to consider gaming a source of income? Despite the general awareness of playing for fun. Who would escape compulsive gaming, with a decision that mandates them to gamble multiple times everyday? With those high chances of losses the person can lose their mind. As they'll get numerous and uncontrollable.
For those who pick up a race with the house and chase losses, it's all the stages and outcome of placing gambling ahead of other activities. Which is dangerous to people's financial growth. In a nutshell, due to the tough part of recovering what has been lost in the game, gamblers should cut short of wrong decisions.
The gambler who consider to get the money from gambling will pay in different manners.They will start to play with some money safety in the critical manner.Butbin the gambling,the gambling will give the biggest opportunity at the end of that game.The experienced gambler will know about the opportunities at the particular critical moment.Gamblers who get money from the gambling will not get satisfied after the money win.The will start the process for the second round here,but we know their will be loss game in the end of the game.
If gambling was to be followed with ease, it wouldn't have caused a lot of damages in the life of so many gamblers who became addicts.
Once a gambler starts seeing gambling as a means to escape poverty, they are a long step closer to getting addicted. It's no longer new to the community that the highest number of gamblers that get addicted easily are those who take gambling as a full-time job and means of making a living. Their greed and overconfidence always lead them to take the wrong decisions, and it's even harder for them when they start chasing their losses that's always hard to come back from.Isn't it abnormal in the gambling settings to consider gaming a source of income? Despite the general awareness of playing for fun. Who would escape compulsive gaming, with a decision that mandates them to gamble multiple times everyday? With those high chances of losses the person can lose their mind. As they'll get numerous and uncontrollable.
For those who pick up a race with the house and chase losses, it's all the stages and outcome of placing gambling ahead of other activities. Which is dangerous to people's financial growth. In a nutshell, due to the tough part of recovering what has been lost in the game, gamblers should cut short of wrong decisions.
Family responsibilities are more important than gambling. If a gambler fails to fulfill family responsibilities properly due to gambling then he should quit gambling. Basically, gamblers are advised to gamble in such a way that the gambler should gamble with the amount of money that his loss will not affect his life financially. There are many gamblers who have a daily gross income of three to five dollars where this entire amount is needed to support their family, many gamblers gamble with full money as well as borrowing money. But it should not be at all, there are some gamblers who come to gambling with the intention that gambling will change their life and they will earn millions of dollars by gambling. When they lose money gambling, they realize that gambling is not as easy as they thought it was.
Gambling addiction is an insidious condition that has gruesome consequences and the people around you are always hit first. If a gambler becomes too dependent on gambling, they may forget what is important and not work to support their family. Gamour often leads to negativity, inflicting heavy losses or debts Tabh over other innocent people's sacrifices and livelihood of the family.
This addiction also has a negative ripple effect on emotions eventually eroding trust and family relationships. In gambling, daily needs are used as capital power and lose, so when results does not run well repent everything will be too late.. This is why it is important for everyone to understand the limits, and if gambling begins to threaten the well-being of the family, it is time to stop and find a better way for a more stable future.
Focusing into gambling addiction then this is something which tons of people do become that addicted because this one involves money and we do know that human beings do really love on earning money on most fastest way as possible on which this could really be only possible with gambling, this is the main reason why there are tons of people who do really get hooked into it because of the opportunity that it gives.
The wrong thing on here is that people do become that too desperate into things and thats why they do really end up on having that miserable life.
Family responsibilities are more important than gambling. If a gambler fails to fulfill family responsibilities properly due to gambling then he should quit gambling. Basically, gamblers are advised to gamble in such a way that the gambler should gamble with the amount of money that his loss will not affect his life financially. There are many gamblers who have a daily gross income of three to five dollars where this entire amount is needed to support their family, many gamblers gamble with full money as well as borrowing money. But it should not be at all, there are some gamblers who come to gambling with the intention that gambling will change their life and they will earn millions of dollars by gambling. When they lose money gambling, they realize that gambling is not as easy as they thought it was.
Gambling addiction is an insidious condition that has gruesome consequences and the people around you are always hit first. If a gambler becomes too dependent on gambling, they may forget what is important and not work to support their family. Gamour often leads to negativity, inflicting heavy losses or debts Tabh over other innocent people's sacrifices and livelihood of the family.
This addiction also has a negative ripple effect on emotions eventually eroding trust and family relationships. In gambling, daily needs are used as capital power and lose, so when results does not run well repent everything will be too late.. This is why it is important for everyone to understand the limits, and if gambling begins to threaten the well-being of the family, it is time to stop and find a better way for a more stable future.
We all know that many people's lives have been ruined because of gambling, although there are many people who have changed their lives because of gambling because they won a gambling jackpot and it was the key to achieving their dreams in life.
Quite a majority of the gambling community has ruined or made their life miserable because it is common that the majority of crypto communities also become addicts.
Quite a majority of the gambling community has ruined or made their life miserable because it is common that the majority of crypto communities also become addicts.
That's true gambling have changed many folks lives , but one thing about gambling any slight mistakes can lead to one being among those it has ruined ( all depends on the manners of approach tho)..
While those who usually get rekt by gambling are those with quick money mindset , that don't want to have fun but rather just want to make it big instantly, which may initiate some wrong manners of gambling.
Indeed, as most of those people after losing their control they've messed up completely, at once they just treating gambling as part of their entertainment ans socialization but after losing a lot, chances that the emotions will be mixed up more on being aggressive as they knew they've got a lot of money to spare, not realizing that gambling is too risky and if you failed to control your emotions even how deep is your bankroll you'll be ended up empty-handed.
You are right my friend, I would say that this could be the weakness of a millionaire in a casino, no matter how much money they have, many of them bet hard, very hard and of course as they lose, things will go downhill for them, it is rarely seen but it is very common at times, especially in those who have no experience and are newbies in a casino.
Money is something that always comes and goes in any case, whether a person has a lot of money or little money , fund management is always very necessary.
Knowing how to manage your money is the best counter in terms of taking any risk, if you know how to deal with any kind of risk either gambling or business you'll be able to avoid making such mistake that will lead you to lose a lot and might brings you to poverty, as long as you know how to manage then chances is slim that you'll take that huge risk but instead you'll quit your way and find other things to entertain yourself or find other options to grow your finances.
Since it is easier to lose than win in gambling, so many gamblers has really gone above control and it really affected them real bad and most of what has caused more people becoming a victim to gambling addiction is just due to the chase to make more money or to win huge and they have developed this mindset for long which makes it uneasy for them to reduce the level of their addiction. If gambling was to be followed with ease, it wouldn't have caused a lot of damages in the life of so many gamblers who became addicts.
Once a gambler starts seeing gambling as a means to escape poverty, they are a long step closer to getting addicted. It's no longer new to the community that the highest number of gamblers that get addicted easily are those who take gambling as a full-time job and means of making a living. Their greed and overconfidence always lead them to take the wrong decisions, and it's even harder for them when they start chasing their losses that's always hard to come back from. 
Actually, there is nothing wrong with gambling, you are free to gamble but as long as you can really divide your time well and also as long as you gamble with the right approach in the sense of being full of limits on time and the amount of money at stake, because that way you will also definitely avoid various possible bad impacts.
Yes, it's not that gambling is bad, after all, I even sometimes miss gambling after I have stayed for some days or weeks without gambling, my thoughts always reflect on it but I don't make it a priority over other important things. If I want to gamble, I don't spend above my budget because that's where you will enjoy the fun.
That's a nice way to approach gambling, by not going beyond your budget. Because that act most time do initiate addiction which is normally cause by greed of wanting more because some people want more that's why they usually go beyond their budget. Because they believe the higher their stake then more profit they can get , which is usually the wrong mindset, because those kind folks are not playing for fun rather for the money they can win .
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.
Even if the government pegs a limit to the staking amount, you think gamblers won't find other alternatives to gamble at a higher bet? Of course, they will device other means to play higher bets. Humans have a way with beating barricades and laws. That racing thought of not getting caught in doing something contrary helps adrenaline pump. These gamblers can open lots of accounts just so they can beat the system. Jump to: