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Topic: Gambling is short cut to poverty - page 30. (Read 6106 times)

legendary
Activity: 2576
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Leading Crypto Sports Betting & Casino Platform
October 12, 2024, 04:56:15 AM
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.

Of course, most of the Population lose a lot of money Sometimes it's even necessary to save one's life. Thus, responsible gambling becomes even more important.

Although the form of gambling is entertaining, and sometimes people do win, it is in no way a guaranteed method for acquiring wealth. But for most people, it's having fun rather than making money. Ideas about setting the maximum amount a person can gamble in government regulations may be reasonable enough for keeping the people safe. But how does that play out in practice?

In my view, if we can strengthen financial education and make people more aware of the pitfalls and dangers of addiction, we could well educate more people of the dangers. Perhaps fewer young people will fall into the trap of loss.

Gambling will always give false hope, so don't expect more from gambling. I don't think anyone is successful and rich in gambling, except for bookies. Gamble just for fun and stop when you have to stop, if you do that it will definitely be better.
In my country the government has controlled gambling, they even prohibit gambling. If anyone is caught gambling, they will definitely be punished. In addition, because it is prohibited, gamblers in my country do not have legal protection if they experience fraud or other problems.
False hope. That is right. But that is only if we are expecting too much.
There are times when gambling can give some wins initially and that is most likely a trap that they set up to urge more gamblers to keep on playing. That is false hope too.
The only answer to avoid poverty is to work hard and there's not much to risk by doing that. It's only our own effort and some tiredness to make a salary.
Gambling is meant to make a game more exciting, any game, sports, cards, and others. If we play them without money at risk, we can easily get bored with it and that is why gambling was injected into it.

This is a very plausible statement; that gambling is used to give some false hope. The aforementioned scenario can be more or less true as people start to believe that they are going to win every single time. This initial feeling of winning can also work as an entry way for it to lure people into its trap to continue playing until the amount is too much and they find it impossible to take back. That is why boundaries and the enforcement of knowing the time to stop is also crucial.

It's really interesting that gambling is banned in your country, and I wonder whether that would actually reduce the number of people who gamble, or would push them into underground activities where they're exposed to very high levels. In some cases, there may be an impact, for instance by moving people to places where it's not allowed or is not controlled which means it is completely unsafe.

You're saying, and I agree with you, that ultimately the best safety net for one's own finances is pure hard work. And I also believe that if people recognized gambling as an entertainment experience, Understanding it does not bring funds can be a crime. At the same time perhaps people must know what the actual risks are before they go on with such addiction.

When one plays gambling for fun it does not have much effect on him but when one chooses it as a profession it causes him a lot of financial loss.  Because the more serious you are in gambling and the more you panic, the more you will lose.  So of course gambling can make someone poor. But it is not very fast. A person gradually increases the amount of gambling as he gradually becomes addicted and gradually loses his wealth.
I agree with what you said, someone who gambles for fun is unlikely to experience problems that affect them, but with those who gamble for the purpose of making money or making it a profession as you said, then they could experience quite serious or even big problems and will affect them financially or mentally, because there are also those who I think have mental problems when they have experienced big problems because of gambling.
It has become a certainty and there are also many cases that occur about someone who becomes poor because of gambling, if they do their gambling gradually with increasing behavior in gambling, then addiction is something that is likely to happen including its consequences.

People who gamble with the aim of making money often face problems. Especially if they fall into the mindset of trying to “recoup” their losses or turn them into work. Gambling for fun is one thing. But when it comes to being a source of stress or how to manage money? That's where the real danger lies.

Mental health also plays a role. Both the highs and lows of human trafficking can easily worsen problems like anxiety, depression, or compulsive behavior. I have seen how satisfaction can turn into obsession when people start chasing early wins. And when it comes to that point It's hard to abandon yourself without being actively involved.

It comes down to creating balance and clear boundaries. Accepting gambling as fun which you can sometimes enjoy Knowing that failure is part of the game. It seems like the best strategy. But it's important that people understand the risks before they find themselves in too deep.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
October 12, 2024, 04:13:07 AM
Gambling will always give false hope, so don't expect more from gambling. I don't think anyone is successful and rich in gambling, except for bookies. Gamble just for fun and stop when you have to stop, if you do that it will definitely be better.
In my country the government has controlled gambling, they even prohibit gambling. If anyone is caught gambling, they will definitely be punished. In addition, because it is prohibited, gamblers in my country do not have legal protection if they experience fraud or other problems.
False hope. That is right. But that is only if we are expecting too much.
There are times when gambling can give some wins initially and that is most likely a trap that they set up to urge more gamblers to keep on playing. That is false hope too.
The only answer to avoid poverty is to work hard and there's not much to risk by doing that. It's only our own effort and some tiredness to make a salary.
Gambling is meant to make a game more exciting, any game, sports, cards, and others. If we play them without money at risk, we can easily get bored with it and that is why gambling was injected into it.
hero member
Activity: 826
Merit: 641
Leading Crypto Sports Betting & Casino Platform
October 12, 2024, 04:06:59 AM
I can't argue otherwise that gambling is not a shortcut to poverty as anything risky and senselessly done can deep you into poverty. But what I won't agree with is that all people can be poor due to gambling, it's all about how we prepare for it and actually engage in it. Gambling itself is not bad, the issue is that people are engaging in the activity wrongly, so what do you expect? Most people gambling are doing it for the money and some are even very desperate to earn money from it. This bad mindset towards gambling will never help anyone but further push them into poverty because they can never be responsible in doing it and this will surely end up in frustration.

I would not fully agree with you. If any newbie hears about gambling and gets a false perception that he can become rich with gambling within no time, he will invest everything in gambling. This may lead to loss of the gambling game or bet and hence a person can quickly move to a level close to poverty.

I can re-emphasize that gambling can lead to poverty if a gambler is not careful and do not clearly understand the pros and cons and the risks that gambling has and its effect on our financial lives.
Was this premeditated before coming to reply to my post, or did you want to reply to another person's post but mistakingly replied to mine? I can't understand. We are actually saying the same thing, gambling is too risky for anyone to believe it is a means to get rich easily, and looking around us, more people are losing which is why bookies are getting richer, so I can't say otherwise to your view.
hero member
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Leading Crypto Sports Betting & Casino Platform
October 11, 2024, 07:54:36 PM
When one plays gambling for fun it does not have much effect on him but when one chooses it as a profession it causes him a lot of financial loss.  Because the more serious you are in gambling and the more you panic, the more you will lose.  So of course gambling can make someone poor. But it is not very fast. A person gradually increases the amount of gambling as he gradually becomes addicted and gradually loses his wealth.
I agree with what you said, someone who gambles for fun is unlikely to experience problems that affect them, but with those who gamble for the purpose of making money or making it a profession as you said, then they could experience quite serious or even big problems and will affect them financially or mentally, because there are also those who I think have mental problems when they have experienced big problems because of gambling.
It has become a certainty and there are also many cases that occur about someone who becomes poor because of gambling, if they do their gambling gradually with increasing behavior in gambling, then addiction is something that is likely to happen including its consequences.
sr. member
Activity: 476
Merit: 307
October 11, 2024, 04:43:16 PM
^^^It is just a like trying to get a right answer when you are asking the wrong question in my view. The OP speaks about poverty and gambling, which is already something of a red flag. Gambling is only for fun unless you are a professional player - e.g. a Poker professional, which is usually not the case if you are poor since you will probably have not money to play and not that much free time to do so.
When one plays gambling for fun it does not have much effect on him but when one chooses it as a profession it causes him a lot of financial loss.  Because the more serious you are in gambling and the more you panic, the more you will lose.  So of course gambling can make someone poor. But it is not very fast. A person gradually increases the amount of gambling as he gradually becomes addicted and gradually loses his wealth.
Being able to play gamble for fun depends also on if the gambler have other means of earning stead income. This is because there is no way someone whose only hope us gambling will gamble with his money and call it fun. This is why it is expected that before putting money into gambling, provisions for basic personal needs must first be made. This will make the gambler not to be too engrossed in the gambling but rather see it from the angle of fun and entertainment. I think this will help solve the issue of gambling addiction once and for all.
sr. member
Activity: 1400
Merit: 420
October 11, 2024, 03:44:31 PM
^^^It is just a like trying to get a right answer when you are asking the wrong question in my view. The OP speaks about poverty and gambling, which is already something of a red flag. Gambling is only for fun unless you are a professional player - e.g. a Poker professional, which is usually not the case if you are poor since you will probably have not money to play and not that much free time to do so.
When one plays gambling for fun it does not have much effect on him but when one chooses it as a profession it causes him a lot of financial loss.  Because the more serious you are in gambling and the more you panic, the more you will lose.  So of course gambling can make someone poor. But it is not very fast. A person gradually increases the amount of gambling as he gradually becomes addicted and gradually loses his wealth.
hero member
Activity: 3010
Merit: 794
October 11, 2024, 12:06:39 PM
Gambling will always give false hope, so don't expect more from gambling. I don't think anyone is successful and rich in gambling, except for bookies. Gamble just for fun and stop when you have to stop, if you do that it will definitely be better.
In my country the government has controlled gambling, they even prohibit gambling. If anyone is caught gambling, they will definitely be punished. In addition, because it is prohibited, gamblers in my country do not have legal protection if they experience fraud or other problems.
which makes gamblers eventually poor because gambling is the way gamblers use gambling. if gamblers become poor because they lose all the money they get from their jobs, even with the assets they have, they finally have to be sold for their gambling activities. of course there is something wrong with the gambling that is done.
gambling for fun, those are classic word that many gamblers may not do. but at least be a responsible gambler with your gambling activities. gamblers who know their limits. when more gamblers understand that, I'm sure there will be no one poor because of gambling.
On the time or moment on which you had mold up yourself on having those kind of treatment towards gambling on which you are making it as a source main of income then you will really be definitely be messing up your life into. You are the ones will really be putting up yourself into such problem because thats not how it supposed to be. Its not something that will really be that a solution to poverty but rather its something that will make even things more worst if you wont really be that careful. This is why its really that important that you should really be wary at least into the things that you are dealing into and not really just that make some hasty decisions just because you've been that anticipating that you could be able to win up and make some big money with it. Making such desperations would really be leading into demise.

This is why it will really be better that you should really be setting out those kind of dealing into something that pertains about realistic approach on things on which you do seem that it is really viable.
There are really that those individual that they've been really believing that gambling coudnt really be able to make them poor but in the end they've been really that just ending up into those miserable
situations because of too much desperation and having that kind of positivity which it did really lead into disaster.
hero member
Activity: 1246
Merit: 699
October 11, 2024, 11:47:32 AM
Gambling will always give false hope, so don't expect more from gambling. I don't think anyone is successful and rich in gambling, except for bookies. Gamble just for fun and stop when you have to stop, if you do that it will definitely be better.
In my country the government has controlled gambling, they even prohibit gambling. If anyone is caught gambling, they will definitely be punished. In addition, because it is prohibited, gamblers in my country do not have legal protection if they experience fraud or other problems.
which makes gamblers eventually poor because gambling is the way gamblers use gambling. if gamblers become poor because they lose all the money they get from their jobs, even with the assets they have, they finally have to be sold for their gambling activities. of course there is something wrong with the gambling that is done.
gambling for fun, those are classic word that many gamblers may not do. but at least be a responsible gambler with your gambling activities. gamblers who know their limits. when more gamblers understand that, I'm sure there will be no one poor because of gambling.
full member
Activity: 5
Merit: 0
October 11, 2024, 11:01:46 AM
Gambling will always give false hope, so don't expect more from gambling. I don't think anyone is successful and rich in gambling, except for bookies. Gamble just for fun and stop when you have to stop, if you do that it will definitely be better.
In my country the government has controlled gambling, they even prohibit gambling. If anyone is caught gambling, they will definitely be punished. In addition, because it is prohibited, gamblers in my country do not have legal protection if they experience fraud or other problems.
legendary
Activity: 2338
Merit: 1775
Catalog Websites
October 11, 2024, 10:42:37 AM
I don't think gambling causes poverty. There may be a connection between gambling and poverty, but it's not that obvious...

Poverty is often caused by a lack of education. Poverty is often caused by bad habits. But it should also be noted that poverty is often caused by an unwillingness to take risks...

And if a person is afraid of risk, then maybe it would be useful for him to play roulette? With the help of the game, a person can change himself, acquire new skills and abilities.

If a person is a little cowardly (or overly conservative), then maybe he should gamble?

The loss in any case will not be too great, but the person will understand that taking risks is not scary, but even fun and exciting.
full member
Activity: 2170
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“FRX: Ferocious Alpha”
October 11, 2024, 04:59:26 AM
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.
correct , there are so many people who fails their living because of gambling (if wrongly managed)

Quote
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.
what I made from gambling? losses lol this is why for me personally gambling is not where you can rely your life .

Quote
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.
don't your government not controlling gambling?
legendary
Activity: 2366
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Do not die for Putin
October 11, 2024, 04:46:43 AM
^^^It is just a like trying to get a right answer when you are asking the wrong question in my view. The OP speaks about poverty and gambling, which is already something of a red flag. Gambling is only for fun unless you are a professional player - e.g. a Poker professional, which is usually not the case if you are poor since you will probably have not money to play and not that much free time to do so.
legendary
Activity: 2422
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Leading Crypto Sports Betting & Casino Platform
October 11, 2024, 03:47:28 AM
And we can't blame other people if they rely on gambling because that's the only solution they see that they think is right, even if it's not really right.

If it’s not right, then what they’re thinking is definitely wrong. Using the word “rely” seems off because you really can’t rely on gambling to survive. In fact, it’s only going to lead to serious financial problems. I’d only agree if you owned a casino and relied on its operation for income. But as gamblers? Man, we’re just fooling ourselves here. Studies show that the majority of gamblers lose—about 90%—so that’s a massive percentage, and we can’t ignore the truth. We just need to understand and accept it.
Running a casino is a business, so it's doesn't even make any sense to suggest this as an option when it comes to relying on something gambling related for survival, owning a casino is business, a lucrative one for that matter, most especially if well managed and marketed, it can turn out to be the source of financial breakthrough for the owner, no longer about just looking for something to rely on for survival.

And going back to gambling, I agree with all that you have said, but not with some form of exceptions though, it's really hard or difficult to rely on gambling for income, but it's not absolutely impossible, and regardless of what data or studies shows or says, there are still people around the world that having nothing else doing aside from gambling, doing sports betting and so on, and some seem to be making money off it though not without some loses from time to time.
The thing is, level of luck differs for all humans, there are people out there who are highly favored with the ability to easily win games through gambling, and its not impossible for such people to make a living off gambling.
sr. member
Activity: 364
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October 11, 2024, 12:53:42 AM
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.
Government will never ban gambling because huge amount of money is being made from gambling platform in government revenue. Gambling is not bad if you take gambling as entertainment then gambling can never make you addicted but whenever you take gambling seriously as a means of earning money you become addicted to gambling. Don't look to the government to shut down the gambling scene, make yourself aware, if you take up gambling as a pastime, hopefully you will never become addicted.
hero member
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Merit: 576
October 11, 2024, 12:00:47 AM
I have watched many documentaries that are based on a true story of people who are addicted to gambling. From having a good job and a good salary, when they entered the online casino, when they experienced winning a large amount, that would be the ordeal of their lives. .

Because they didn't realize that they chased their losses, they didn't notice that they were gradually selling their properties just so they could gamble until they got to the point where they had nothing to sell and ended up in debt. gambling money just to play casino games online. Then they woke up too late because they had fallen into debt and poverty.
I completely agree with you. How many stories have we learned from movies and books about how gambling leads to disappointment. Oh yes, the temptation is great, but it is better to leave this path once and for all. Isn't it time to think about what you are doing and so on...

I almost fell into such a trap myself, but I stopped in time and thought it over. It's a pity, I lost something... I was so upset about something, but it turns out that it is not in my interests.
hero member
Activity: 2716
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October 10, 2024, 11:39:44 PM
And we can't blame other people if they rely on gambling because that's the only solution they see that they think is right, even if it's not really right.

If it’s not right, then what they’re thinking is definitely wrong. Using the word “rely” seems off because you really can’t rely on gambling to survive. In fact, it’s only going to lead to serious financial problems. I’d only agree if you owned a casino and relied on its operation for income. But as gamblers? Man, we’re just fooling ourselves here. Studies show that the majority of gamblers lose—about 90%—so that’s a massive percentage, and we can’t ignore the truth. We just need to understand and accept it.
sr. member
Activity: 1498
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DGbet.fun - Crypto Sportsbook
October 10, 2024, 10:55:36 PM
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 think that all countries face the difficulties of their country. And we can't blame other people if they rely on gambling because that's the only solution they see that they think is right, even if it's not really right. Because playing the game the majority loses and only a few win there.

That's why I agree that there should be a limited amount of gambling money in online or land-based casinos, because if there is no limit to what they will do, they will only put themselves or their family in danger in the end.
hero member
Activity: 1708
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Leading Crypto Sports Betting & Casino Platform
October 10, 2024, 10:06:00 PM
I can't argue otherwise that gambling is not a shortcut to poverty as anything risky and senselessly done can deep you into poverty. But what I won't agree with is that all people can be poor due to gambling, it's all about how we prepare for it and actually engage in it. Gambling itself is not bad, the issue is that people are engaging in the activity wrongly, so what do you expect? Most people gambling are doing it for the money and some are even very desperate to earn money from it. This bad mindset towards gambling will never help anyone but further push them into poverty because they can never be responsible in doing it and this will surely end up in frustration.
That's right, saying that gambling is a shortcut to poverty is true but it will happen to those who gamble excessively such as seeking profit in gambling while the profit in gambling is not clear to be obtained because the advantage held by the host is greater than the player. In addition, our own behavior will determine it if we do gamble wrongly then poverty is the risk as you said.
It is true what you said, a bad mindset will push the person into poverty, such as a mindset that assumes they can get money in gambling when in fact it should not be like that, because even though in gambling there is a chance to get profit but it is not easy to get it because as I said the advantage held by the host is large and for players it tends to be small, and this cannot be denied.
legendary
Activity: 2562
Merit: 3477
October 10, 2024, 09:19:44 PM
The government can only control the observance of basic rules of gambling establishments. But the government cannot stop human gambling. Let's think: if people gamble, does it mean that they satisfy some very strong passion of theirs? You can call it an addiction, but it is not so in all cases. People are tempted by the very idea that they can learn to predict the future, at least in a very limited way. A person wants to feel like a little God. As for poverty, in gambling it comes from stupidity. This stupidity is a consequence of non-observance of basic rules of risk management. These are very simple rules.
hero member
Activity: 1092
Merit: 507
Leading Crypto Sports Betting & Casino Platform
October 10, 2024, 09:01:24 PM
I agree with that, although some can get benefits but it is better not to see it as a means of earning a living, because when our thinking is directed at gambling as a source of income, it is possible that it will only make us go deeper and get trapped in a state of acute addiction and tend to be difficult to get out. Not to mention the behavior that might gamble blindly.

You are right, we must be able to control ourselves as best we can because when bad impacts occur, no one will help us, including the government, we will bear everything ourselves, that is the risk and responsibility that must be done, but of course avoiding it is more important because as the saying goes, prevention is better than cure.
Gambling should never be considered as a way to earn money. It is a process of entertainment, not a way to get a permanent income. I feel sorry for those people who think like that. I think that they have only one path - to become not only addicted to games, but also to lose a lot of money. I have already gone through this stage. This is exactly the path I wanted to take, but reality quickly brought me down to earth. How many troubles I had to endure then. I am still afraid of that period of my life.
It is true, although basically there are benefits that can be obtained in gambling, it does not mean that gambling can be used as a way to get money. The thing to remember is that gambling is a means of entertainment and the benefits in gambling are also uncertain, so it is very difficult in my opinion to get benefits in gambling if we are only players, considering the greater chance of winning that is on the casino's side is real and for players only have a small chance of winning. That is a risk, if they consider gambling to be one way to get money, it is not strange that they experience problems such as addiction or losing a lot of money because that is part of the risk that will definitely happen with the actions they have taken with gambling which is actually too excessive. I myself have experienced it and I am sure they will realize it at some point and reduce their gambling in order to minimize their gambling addiction.
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