Topic: Gambling is short cut to poverty - page 29. (Read 6111 times)

Gambling is definitely a short cut to poverty there's no doubt about it. Gambling has become a vice to the society due to how disastrous it has been the lives of a lot of people around the world. This is something that's supposed to be done to have fun but overtime people have gotten obsessed with it trying to make it a way out of their financial hardship but instead it just takes the little they have making their financial state worse. Gambling cannot make you rich, the chances of making millions from it are very low so don't get obsessed with it.

And because of that, the government regulates gambling, some allow gambling but some actually prohibit it because they are worried that the effects of gambling on their citizens can be bad. And in the gambling regulations carried out by the government, they supervise so that gambling operators do not cross the line by setting the winning rate too low or other fraudulent practices that are detrimental to people. Furthermore, the gambling industry has long been operating and has become a means of entertainment for the community, what needs to be emphasized is how the correct regulation and education related to gambling to people so that it does not cause serious problems.

But there are also many people who are trapped by gambling, there have been many cases similar to his, but they are still trapped in their addiction. It is true that gambling provides profits in the form of money with games that are easy for every gambler to understand, but there are still many who are trapped in the game, as we all know, we cannot fight the algorithm created by the site owner. So if we win the game and get profits from there, it doesn't mean we get it from our skills, we are being given a gift by the site owner so that you continue to play with the mindset that you will get much bigger than before.

But unfortunately what you said is a useless thing to say, why is that because all addicts do not care about the nonsense they prefer to waste their money on gambling, because it is one of the things they have to do and the rituals they have to do no matter that they are people who do not have much wealth, at least they can play calmly and not think about their daily lives they can even forget their wives and children.

Gambling is just a mirage can be dreamed of but difficult to express and a mere dream and a big dream in the mind of an addict, there must be someone who can change the mindset of people like that if they really want to do good things otherwise he will always do that with his daily life.

Becoming a gambler is our own choice. Yes, the government is just trying to help by warning us about the risks, but it all ends there—it’s up to us how we handle our money. However, just because it’s our choice doesn’t mean we should ignore the warnings they’ve given. In fact, these warnings serve as a guide. The belief that we can get rich through gambling is just a story—maybe it’ll happen, maybe it won’t. But it’s far more important not to rely on luck for our future because there’s no certainty in it. Instead, we should work hard; even if it’s tough and takes time, at least we’ll know the direction we’re heading.

It is better poor gamble should not have gamble to avoid losing their money so they can buy food and fills their needs. There is no guarantee for them to win but losing the money and if that is happen, they will difficult to buy food which is their primary needs. Gambling is not short cut to solve poverty because they can lose and bankrupt anytime. They should think about how if they become addicted to gambling but they don't have money to fills their gambling habit. They will only get more and more problem if they still playing gambling and that will makes them depression.

So however when someone gambles with the aim of making money it can cause problems, I even think the problem is not only physical, with the environment or his own mentality it will be affected. In addition, with those who consider gambling as a job because of the thought of being able to get profit I do not fully support this, because it is impossible for a player to get profit in gambling consistently, it is impossible if the role is only an ordinary player, even with someone who is called a professional gambler I think they are not certain to be able to get profit consistently.
People who gamble with the aim of profit are certainly more susceptible to experiencing problems with their mentality, as you said with depression or stress which I think can happen because of unwanted defeat.
I agree with you, it is better to understand this first which is indeed something that has a big risk when we take the wrong step, and there have also been many cases that have occurred that should be used as a benchmark to learn from.

The government are only trying to help because most people do not have discipline and control over the way they gamble and this becomes a problem to the society because of their after reactions of becoming a problem to the society after they lost. The government can go about this with a different approach that they teach their citizens about the importance of gambling like how to avoid or cure ourselves from this problem. Since there are always people losing than people making money in gambling, gambling can be said to be a shortcut to poverty but it can also be a shortcut to money. It all depends on how you want to look at it and follow the right guidelines to avoid regrets that many people get to experience because they did not gamble in the right way.

You are talking about a very important and sensitive issue regarding gambling (people who can’t understand it). It’s true that as gambling becomes more accessible with the technology we have nowadays, and it also increases the risk of people falling into financial issues. Many people have unfortunately lost their savings, and even fallen into poverty because of it. Gambling, by its very nature, is created to benefit the house or casinos in the long run, which makes it difficult for the normal or an average person to come out of it losses.
To answer your question while some may have had short term gains, very few people have truly made a fortune from gambling alone. The unpredictable nature of gambling makes it hard to keep long term gains, and it's mostly an activity where someone can proudly recommend to younger generations as a reliable way to make profits.

However, it’s also important to note that there are other factors that can lead to poverty and have an even more destructive impact than gambling. Addictions such as substance abuse or irresponsible spending habits can ruin you way worse than gambling. Moreover, certain people, or me personally, gambling is actually a form of controlled entertainment.

The key difference here is responsibility and self control when to stop, staying within limits of losing what you actually can afford losing, and not treating it as a any kind of solutions for financial problems.

It's true that to become extremely rich with gambling, luck should be part of it. But these people that came from the poor neighborhood and have that tough life and then all of a sudden becomes rich with gambling, they're also in danger of going back to their former lives. Why I said so? because they lack of financial education and that's why they spend like millionaires in a day that millionaires won't even do because they know how to protect and keep their assets. As for them, they think it's fine to spend that much because they deserve it but they're forgetting on how to retain their wealth because they're still in the cloud 9 enjoying that feeling of winning a lot of money and jackpot.

While everything you say about gambling is right, I don't see any reason for a government to limit the amount of money each individual can use for gambling because that should be a personal choice. An individual should be able enough to understand what they should and shouldn't do with their money and their lives, restricting underage people is enough for this thing, if you are mature, a grown-up, and earn your money yourself, you have all the rights to use it on whatever you want, and you are the one who is going to face the consequences of your actions, of course.

Gambling is a business, casinos are run by people just like other normal businesses. Would you suggest a government to also have a limit on how much money an individual can spend on shopping? No, right? That doesn't make any sense because it's my money, it's my choice. If something is legal, I have the right to use it, it should be me who would decide how I use it, not the government.

Poor people should gamble with little amount of money that they can avoid losing and not with funds for basic needs if not it will affect them negatively. It is when you think that gambling is a means of making profit that you are in a big problem, because they little that you have would be taken away from you by the casino no matter how rich you are. Gambling is a road to poverty and destruction when done in the proper way because it will ruin and frustrate you when you become addicted.  I have a friend who got broke due to excessive gambling, and he vowed not to gamble for the rest of his life and when i asked him why, he said that gambling have deprived from a lot of opportunities. I told him that it wasn't gamble but it was his desperation of make profit from where he didn't sow from.

Yes, playing gambling for fun will always be recommended because gambling is not for making money. We can not resolve poverty problem from gambling but that can make someone bankrupt fast.

When a poor people playing gambling, he must know that he can lose all the money he have and that will makes him can not fills his daily needs.

Even if he is a pro gambler, he does not have to use gambling to makes money. He will not know when he can win from the opponent so it is better he have a job that can helps him to earn money. He must remember that gambling can make him poor and not have money at all.

Entertainment is also not a comfort zone because basically a person is easily manipulated by the scope of advancement that gambling creates, they may not start making money immediately but after a few repetitions of winning behavior, the criteria of making money suddenly becomes the main concern. Gambling is not a shortcut to poverty, it is the unrealistic thinking of gambling that destroys their existing finances, no foolish action will have bad consequences, a person has deliberately stepped into wrong, they need to pay the price to balance this situation

Is this study applicable for all? I am trying to believe but sometimes some people are very lucky in gambling, they don't usually experience huge losses, they are mainly gaining a lot of money from betting because some do even pay to join for sure odds and some do pay, but most of the people benefiting from them are people with money to place on a particular bet.
Sources of income for gamblers rate can be true according to your analysis because gamblers do spend huge money when they win, and they don't mostly use the money in the right track as gambling do take back the money.

If anyone is 100% successful in gambling then honestly I haven't found any real examples either in my immediate environment or on social media because most of those who are successful are only influencers paid for their services when promoting gambling. Whether or not it is worth it depends on the amount you are prepared to spend and the level of satisfaction you are looking for in gambling. Because the goal of every gambler is in themselves, gambling for fun or gambling for profit. I find it hard to say for sure because gamblers will choose their own path.  Therefore for me gambling is only for the enjoyment of privacy, to fulfil ambitions that cannot be channelled in real life.

Well, the question isn't logically wrong because there are hundreds of cases in the world of people gambling away all their wealth or savings or properties and then becoming financially unstable only because of their gambling addiction. You can read this article to understand what I'm talking about in general, and this is only one story, there are literally hundreds and thousands of people who lose substantial amounts of money in gambling even when they can't afford to do that continuously which means they are losing whatever they have which logically means they are moving towards poverty.

Gambling addiction can be very dangerous. Some people might take it lightly saying that it isn't that serious and a person can easily get out of it, but that isn't how the reality is. The reality is, someone who becomes addicted to gambling will most probably ruin their life and the lives of others directly associated with them if they don't realize it in the initial stage and back off.

There are few people really make it especially if those people hit a one time big jackpot in the casino. But we need to understand that this situation will always happen since gambling has its own down side. People are been hyped with the gains but they didn't even bother to know about the losses those people get. If they just count their win loss stats for sure that these people could figure out that everything in gambling is not sustainable.

To become rich from this maybe they need extreme luck first. But usually this situation is hard to happen so most provably what they able to encounter is massive losing if they usually end up chasing for possible win.

Those that are proud to say that they're able to make it because of gambling, they are inspiring. But them being an inspiration doesn't mean that others are also going to make it. Some studies have been made about poverty levels and incomes made after and before gambling, so it's up for everyone to understand how this study shows;



So we can compare those quality of life and its levels that the poor really sees some hope because of gambling. But I wouldn't advise that are struggling to go all in and out for it.

Yea you are correct and many people have also made good amount of money in gambling which they never expected. Those who have also lose money in gambling they expect such amount of money will be lost, that is to tell you gambling can't be predicted,  it is just a game of luck. You can play and lose and you can also play and win, winning in gambling is not guaranteed. Gambling is understanding, when it is well understood you can't lose so much that will cause you pain, you will only lose what you can afford.

Gambling is not the problem just that people misunderstand it which they have high expectation from it. If gamblers understands that gambling is not certain atleast it will make them to play with amount that won't make them to go broke.