When it’s got to do with money, there isn’t much room for trier and errors. Although gambling might be a field that is largely govern by luck through triers and all, taking charge of the things you can control like your takes and how frequent you go through the rounds is where you can have an edge over your finance and that’ll be through permutations and discipline.
Topic: Gambling is short cut to poverty - page 36. (Read 8606 times)
When it’s got to do with money, there isn’t much room for trier and errors. Although gambling might be a field that is largely govern by luck through triers and all, taking charge of the things you can control like your takes and how frequent you go through the rounds is where you can have an edge over your finance and that’ll be through permutations and discipline.
I bet that many of us have thought to become real life gamblers and become rich someday. Because I am one of the people that have thought that it can be an easy path to make myself one of the riches through gambling.
But that's just a gambler's fallacy that keeps on cycling in our minds when we're so close to reaching those wins.
Yes, and no as well.But that's just a gambler's fallacy that keeps on cycling in our minds when we're so close to reaching those wins.
Yes, in the sense that in the past, I want to make money through gambling and it's my main priority. No because over time, as I spend more time in gambling section here in this forum, I realized that it isn't money that's the main priority when it comes through gambling but being entertained. Yes, the money is there no doubt, but if you're gambling for money, you will spend more money especially if you lose.
Being rich in gambling isn't impossible, but the road to it is very hard, and you need a lot of money and luck of course in order to do it... or just luck is enough.
All gambling platforms are government authorized
Not all.The newly established that are testing the waters aren't authorized or recognized by the government so, mostly don't apply for licenses until they become popular and when the urge is needed for them to apply for one.
Another problem is that many unauthorized gambling platforms are being promoted on various social media platforms. I mean just in our country alone, we've seen some online gambling platforms that are unauthorized and yet, they're being advertised by these popular influencers. Sadly, our government works really slow with regards to this problem, and as soon as they make a move, many already lost their money by trying on that website.
If there's a huge money being taken to these casinos then no actions will be made by the government. They want to take more of people's money through it than protecting them from seeing those gambling ads.
The thread title is a true statement, and this happens with people gamblers who don't have control over their gambling activities and believe that they can make themselves rich through gambling. If we take 100 gamblers as a sample, it is obvious that 90 gamblers were in loss. This itself clears that gambling is an entertainment source and not a platform to make ourselves rich. Even the remaining 10 gamblers who were in the profiting will experience losses in the long run. Most of the time people never understand the reality and just with positive hope enter into gambling. This is wrong, before getting into any form of gambling, one need to learn well about it and then proceed. This might help in limiting the losses.
Becoming a calculative gambler requires experience and discipline. While most players tarnish the purpose of gaming, they are numerous responsible gamers that shapes a reasonable image of gambling. So, it's true, what you said, regarding not being financially tactical as the attribute to momentary brokenness, but with the stories of some reckless gamblers who changed for good, a lot more would advance to play responsibly.
Permutation and discipline are a necessity in gambling. Not because they make you win, nope but, they help you in preserving your wins and well as your finances.We all know how gambling can be so addictive and as such, you need to be precise and firm in your decision towards how you manage the field.
When it’s got to do with money, there isn’t much room for trier and errors. Although gambling might be a field that is largely govern by luck through triers and all, taking charge of the things you can control like your takes and how frequent you go through the rounds is where you can have an edge over your finance and that’ll be through permutations and discipline.
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.
There are countries that prohibit their citizens from gambling, and I really admire this move. Gambling can lead people to poverty if they lack discipline and gamble excessively. While you might win one day, you will likely lose on another—that’s the cycle of gambling. Some wealthy individuals may view it as a leisure activity, but I don’t believe gambling is purely for fun, as losing money is never enjoyable.
How far do you go. I mean sugar is one of the biggest killers out there. Why don't they ban that it's literally a health risk. I'm all for protecting citizens but people need to take self accountability as well. Gamble what you can only be willing or able to lose amd if ypu can't stop yourself seek out help. Whether it be professional, family, friends, etc. People tend to blame the vice rather than looking inward.
Yes, it is safer like that, but from what we have seen that not a few people who are contrary to such principles, and that is sad that they become poor due to their own actions and ignorance in gambling, this might be I can says it is natural for the because of the many people who do gambling acting according to their emotional, their desires, thoughts and needs, so that various kinds of people who are in gambling have differences in looking at gambling itself, there are people who are increasingly confident when he gets victory and think he can be great Even though he was only lucky on one opportunity who ultimately used all his wealth to bet there
When it comes to gambling, self control is never an easy one . especially when one have the mindset of getting rich through gambling, sometimes you can tell yourself that this is my budget of what I can risk am not going beyond that , but after some losses you may lose it and go beyond that budget because you couldn't control yourself or your emotions.
Even when you are winning you would get to point where you will want more despite the wins you have made in that gambling section, and with just one mistake you may endup losing it all because you don't know when to stop, but having good self-control one can easily stop after some wins even after losing and call it a Day.
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Yes, there's possibility that one can be very lucky and have a huge win which they can just use the money for a very important stuff after winning but I guess that such luck is rare. For example, I have a game that I staked on last week Sunday, it's an accumulation of 40 matches which gave me about 1.5k odds and I used $1 to stake on that game which gave a potential win of $65k. About 9 games have already played as predicted and the rest of the 31 games will happen in the coming week. If luck runs perfectly and all that game go as predicted, then I will win a huge amount but it's rare for such luck to happen.
It's true what you said, of course someone who can get a big win in gambling is very rare, even I sometimes see many videos circulating with those who always get big wins, I always think that it's a fake win, even though whether it's true or not I don't care because there's no benefit for me either even though the person who got the win gave a pattern or trick but I doubt it can make me get the same win.If luck is on my side, I think just by betting once we can get a big win, but because luck is rarely on our side, it's very rare for a big win to happen. Besides that, I think gambling is not a shortcut to poverty, but our own actions lead us to poverty or bankruptcy.
Yes, you are right. Your luck can not be same with that of other players, even if you see the huge win of others. The place that I usually see huge win tickets is on some prediction sites, channels and pages of which the reason why those guys publish such win is because they want to attract customers to their channel and I believe such tick works for them.
I agree that gambling will be a shortcut for you to be poor, like you give money to the dealer or to other players, but that happens if you spend money without calculation, risking all your wealth in gambling, it is a form of self -impoverishment attitude, but that Not only applies to gambling, in any field without you having good control in managing yourself with your money then you will become poor as soon as possible, this is not a problem of gambling but a user problem that has stupid thinking in finance speaking.
Becoming a calculative gambler requires experience and discipline. While most players tarnish the purpose of gaming, they are numerous responsible gamers that shapes a reasonable image of gambling. So, it's true, what you said, regarding not being financially tactical as the attribute to momentary brokenness, but with the stories of some reckless gamblers who changed for good, a lot more would advance to play responsibly.
We all have to crawl before we walk, it's applicable in every business. Though, some won't make it out of the trauma, but it's certain that people learn from mistakes, and correct themselves.
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.
When the sole purpose of gambling is overlooked and/ mistaken for some personal and selfish want/need, it becomes a huge problem and mostimes, it may be attributed to something else that has absolutely nothing to do with their self control and fund, which is the main catalyst to starting up an habit like this one.Don't gamble because you wanna earn a living from it; casinos are running a business that can never - for whatever absurd reason that is - run on a loss just to incentivize you.... YES, it's fair enough when you know WHY you should gamble, not just HOW to gamble.
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But let's take a critical look at this very sensitive matter called gambling has anyone really made it from gambling[...]
It depends... Gambling is a like a bag pack for a regular tennis player; it's filled with varieties with which you could pick them at random if the bag is still partly open with only a little space for your arm. The chances of picking the wrong one is always there. I have to agree with what you said, because the fact is that gambling is a place to have fun and spend money for those who want to get pleasure from gambling, and without good money management it will destroy yourself in gambling, that's why many people here say that money management is very important in gambling, And a lot of people recommend below 10% of good income for the gambling budget that we do, because basically if you make money in gambling it is based on luck alone and we cannot invite it with math calculations that have definite results, and it is wrong to make gambling a place to find the main income.
It is even more safer to treat gambling as a non profit game that one can do at leisure and not take it as a means of income then if peradventure one wins while gambling it should just be seen as a reward for partaking in gambling activities. Inasmuch as i don't see gambling as a bad platform, it is dependent on the approach of gamblers that will define if gambling is harmful or not because anyone who is aware that gambling is not an income haven will definitely be careful on how they go about their gambling lifestyle. however making a define financial plan will help in order not to go above your budget and run out of cash due to lack of gambling constraints which can lead to severe financial consequences.
Yes, it is safer like that, but from what we have seen that not a few people who are contrary to such principles, and that is sad that they become poor due to their own actions and ignorance in gambling, this might be I can says it is natural for the because of the many people who do gambling acting according to their emotional, their desires, thoughts and needs, so that various kinds of people who are in gambling have differences in looking at gambling itself, there are people who are increasingly confident when he gets victory and think he can be great Even though he was only lucky on one opportunity who ultimately used all his wealth to bet there.
But unfortunately some countries that prohibit their citizens from gambling cannot really have powerful effort to suppress and stop every gambling activity carried out by their citizens secretly, the prohibition is only series of written words, there is no real effort to be able to regulate it with certainty.
Whatever the results when it has bad impact, it is actually the fault of the people themselves who cannot have the right approach and cannot control themselves in using money and time, all of this can only be stopped and truly suppressed when there is awareness from each individual.
Indeed, every gambler with rich and poor background must be different in terms of responding to and accepting every result of gambling, but at least when someone can accept defeat, they don't think about spending more money and will not consider it deep disappointment even though you are right that losing money is not fun thing.
People will not stop their gambling activity especially for those who often play gambling. They still think that gambling can give them money so that is why they will return to casino and hope this day they can win some money to bring it to their home. The government needs to educate their citizens and open their eyes about the reality of playing gambling that can makes them bankrupt anytime. Whatever the results when it has bad impact, it is actually the fault of the people themselves who cannot have the right approach and cannot control themselves in using money and time, all of this can only be stopped and truly suppressed when there is awareness from each individual.
Indeed, every gambler with rich and poor background must be different in terms of responding to and accepting every result of gambling, but at least when someone can accept defeat, they don't think about spending more money and will not consider it deep disappointment even though you are right that losing money is not fun thing.
The citizens needs to start to think that gambling is not a good solution to make money instead just lose their money. They must search for the other ways that they can use to earn money without losing their money in the gambling table. They should not use gambling as a way of source of income instead just to use it to spend their time and have fun.
Gambling is a quick way to get money with a 2% possibility and it is also the quickest way to go broke, even into poverty with a 15% probability.
I agree that gambling will be a shortcut for you to be poor, like you give money to the dealer or to other players, but that happens if you spend money without calculation, risking all your wealth in gambling, it is a form of self -impoverishment attitude, but that Not only applies to gambling, in any field without you having good control in managing yourself with your money then you will become poor as soon as possible, this is not a problem of gambling but a user problem that has stupid thinking in finance speaking.
I have to agree with what you said, because the fact is that gambling is a place to have fun and spend money for those who want to get pleasure from gambling, and without good money management it will destroy yourself in gambling, that's why many people here say that money management is very important in gambling, And a lot of people recommend below 10% of good income for the gambling budget that we do, because basically if you make money in gambling it is based on luck alone and we cannot invite it with math calculations that have definite results, and it is wrong to make gambling a place to find the main income.It is even more safer to treat gambling as a non profit game that one can do at leisure and not take it as a means of income then if peradventure one wins while gambling it should just be seen as a reward for partaking in gambling activities. Inasmuch as i don't see gambling as a bad platform, it is dependent on the approach of gamblers that will define if gambling is harmful or not because anyone who is aware that gambling is not an income haven will definitely be careful on how they go about their gambling lifestyle. however making a define financial plan will help in order not to go above your budget and run out of cash due to lack of gambling constraints which can lead to severe financial consequences.
Yup, it's a gambler perspective in terms of controlling their participation knowing that gambling is more on risk and without good control you'll find yourself empty-handed to the point that it will ruined your finances, though, like you mentioned there are some who manage being lucky and change the direction of thier lifestyle but ain't that many compared from those who loses their finances and turned to poverty because of being out of control with the money that they spent for gambling.
We've all been saying almost the same thing. Having control over your spending is a pivotal way to manage your money effectively, not in gambling alone but in life generally. People who have more discipline to their account, then to save more money for the next day.
Sometimes I used to wonder why people end up spending all their hard earned money in gambling without thinking of the repercussions then I answer my question by thinking gambling as a thing of pleasure since it's mostly a fun game and humans beings can spend all they have to satisfy their urge or pleasure.
Since gambling comes with this addiction, it also makes it easier for people to fall into that trap of spending their money in gambling. So, with this thoughr, it makes me feel like whether one's gambling for money or fun, the possibility of them spending their hard earned money just to satisfy their pleasure will always make them to make such mistakes.
In response to what OP highlighted, gambling in itself doesn't bring about poverty as some people have made their fortunes through gambling but because of this urge to satisfy one's pleasure while spending money, they end up exhausting all they have in gambling.
I agree that gambling will be a shortcut for you to be poor, like you give money to the dealer or to other players, but that happens if you spend money without calculation, risking all your wealth in gambling, it is a form of self -impoverishment attitude, but that Not only applies to gambling, in any field without you having good control in managing yourself with your money then you will become poor as soon as possible, this is not a problem of gambling but a user problem that has stupid thinking in finance speaking.
I have to agree with what you said, because the fact is that gambling is a place to have fun and spend money for those who want to get pleasure from gambling, and without good money management it will destroy yourself in gambling, that's why many people here say that money management is very important in gambling, And a lot of people recommend below 10% of good income for the gambling budget that we do, because basically if you make money in gambling it is based on luck alone and we cannot invite it with math calculations that have definite results, and it is wrong to make gambling a place to find the main income. 
It is clear that anything that seems excessive will always be bad and usually often these actions occur because of emotions that influence and I would say that one thing that can keep us away from emotions is to treat gambling with the right approach or according to your abilities, such as only betting with small amounts.
It has been proven to be able to keep a gambler away from emotions especially when they experience defeat, on the other hand many people say that controlling oneself and emotions is very difficult, that is true, but what we have to think about here is not treating the disease but rather overcoming something that triggers it where as I said above that if you don't want to get caught up in emotions then there is no other way than not treating gambling beyond your abilities.
Well said, if you are using spare money an amount that you can let go for sure it's different compared to how you feel when you are using decent amount as you'll keep trying to recover until you realize that there's nothing more left on you, where if you are using small amount you are treating it as for killing some time and there's nothing to create an emotion that will lead you to keep adding more, if you lose then you quit and bring the entertainment, if you win, then treat it as bonus after enjoying.
So this is what makes some gamblers prefer to treat gambling with minimal action, because there will be no pressure that they feel and defeat will not be the result that makes them hit and when they win then of course it will also be exciting, I think you just have to choose it.
Thinking off about gambling as the thing that saves you up into your financial status will really be just that too delusional and this is something that should really be stopped if you dont really like for your life to become ruined or something that will really be that going into the opposite side of things. Instead on resolving out such poverty issue, it would really be just that making it even more worst.
Gambling is really just that for the sake of fun and entertainment but tons of people or gamblers who do have those kind of false hopes towards it and this what makes them desperate on dealing up with gambling
because just like on some few wins, then they would really be building up such hope that they could changed up their entire lives on the moment that they would really be dealing with it.
Instead on making things more better then it would really be that doing the opposite.
Gamble responsibly is the word and not gamble recklessly , they are used to repeating this on their sites and even ads by medias. It simple most people gambpe with the intention of making huge free money.
Thus, they gamble recklessly chasing after profit without any proper management of their gambling funds... and what do they expect unlimited free money??
,play what you can afford to loose (which is more like gambling for fun) but most gamblers gamble what they can't afford to lose, that's why we have a lot of wrecked gamblers,even after getting wrecked they still wouldn't pause any form of gambling... so what's the expectation from that...
Thus, they gamble recklessly chasing after profit without any proper management of their gambling funds... and what do they expect unlimited free money??
,play what you can afford to loose (which is more like gambling for fun) but most gamblers gamble what they can't afford to lose, that's why we have a lot of wrecked gamblers,even after getting wrecked they still wouldn't pause any form of gambling... so what's the expectation from that...
I agree that gambling will be a shortcut for you to be poor, like you give money to the dealer or to other players, but that happens if you spend money without calculation, risking all your wealth in gambling, it is a form of self -impoverishment attitude, but that Not only applies to gambling, in any field without you having good control in managing yourself with your money then you will become poor as soon as possible, this is not a problem of gambling but a user problem that has stupid thinking in finance speaking.
Hahaha! The first time I saw a thread title like that, I found it very interesting. A title can provide half of the information about the story. Well, yeah, it's true that gambling is a shortcut way to become poor. Many people use the phrase that gambling is a way to success, but you changed it for the users, and I think this title will help them clearly understand the side effects of gambling. I am not saying that gambling is fraudulent or a scam, and that you will never earn from it. There are many successful gamblers who have shared their stories, but they are very few in number. The reason is that gambling requires a sharp mind and good luck; if either of these is not present, then you will lose. You will then put in extra money to recover that loss, but you will again fail. That's how you can fall into a trap and gradually move toward debt and poverty.
People who start gambling at first do not care about gambling losses but gradually when they become more addicted they become overly panicked and if they lose then deposit larger amounts later and recover earlier losses again. They plan to make big profits but they lose time and again because they panic and make wrong decisions. So it can be said that gambling is a shortcut to poverty. But those who are addicted to gambling never want to admit it. They think that gambling is a shortcut to get rich 
The reason is that gambling requires a sharp mind and good luck; if either of these is not present, then you will lose. You will then put in extra money to recover that loss, but you will again fail. That's how you can fall into a trap and gradually move toward debt and poverty.
The last part of your speech basically states that those who get overly greedy in gambling will only end up losing repeatedly in gambling. It is eternally true, those who bet excessively become so greedy that if for some reason they lose a bet, they bet again and again to recover the money of that bet, thus losing again and again, eventually losing their entire balance. After paying all his balance losses, he borrows money from the bank or any other source. In this way, the loan amount increases to such an extent that he is unable to repay the loan later and becomes bankrupt. This is how a normal gambler can become poor due to abnormal loans. 
Hahaha! The first time I saw a thread title like that, I found it very interesting. A title can provide half of the information about the story. Well, yeah, it's true that gambling is a shortcut way to become poor. Many people use the phrase that gambling is a way to success, but you changed it for the users, and I think this title will help them clearly understand the side effects of gambling. I am not saying that gambling is fraudulent or a scam, and that you will never earn from it. There are many successful gamblers who have shared their stories, but they are very few in number. The reason is that gambling requires a sharp mind and good luck; if either of these is not present, then you will lose. You will then put in extra money to recover that loss, but you will again fail. That's how you can fall into a trap and gradually move toward debt and poverty.
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