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Topic: Gambling is short cut to poverty - page 5. (Read 8606 times)

legendary
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December 30, 2024, 07:42:07 AM
Hmm I can confirm that gambling can or indeed allows someone to become a means to make someone poor because after all gambling is an activity that involves money and risk, but in my opinion it also depends on how you treat gambling, because actually even though the activity has risks but if you treat it correctly then in my opinion you should not experience financial decline due to gambling.

On the other hand we can see that there are still or even many active gamblers who are still fine, or I mean do not experience any problems in their financial situation even though they are involved in gambling, IMO gambling will not cause problems if you know how to control it.

I agree that it all depends on how we view gambling itself, we can view it as a place of entertainment or seeking profit. However, it is not easy to be able to handle the risks in gambling, sometimes someone can gamble blindly to be able to return what has been lost, which ultimately makes them experience greater losses. and even when someone gets a big enough win, instead of using the winnings for something better, they actually deposit the money back into the bank, with the hope that if they bet bigger, then the profit they get will also be greater than before. This is a stupid thing that often happens to gamblers. and keep in mind. once you enter the valley of addiction, it is difficult to get out.

Well that's the point, it's that simple, I mean there are only two goals, namely between seeking entertainment or profit as you said, and it is a fact that the majority of gamblers who seek profit are usually people who do not fully understand what and how gambling actually is, because logically yes it is impossible for you to always produce victory in an activity that runs based on probability so that in the end yes as we can see that they actually lose a lot of money instead of making money.

One of the biggest reasons why gambling is always prohibited as a place to seek profit is because it is clear that we do not know what will happen at the end of the game, the results will always be random and do not care even if for example you are very confident but still in the end lose yes lose, and also the next result has nothing to do with the previous result and that is the reason why cashing out early is always much better than applying greed. So the point is you are free to determine your goals but as long as you really know and understand the consequences, that's all.
hero member
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Leading Crypto Sports Betting & Casino Platform
December 30, 2024, 03:24:42 AM
Hmm I can confirm that gambling can or indeed allows someone to become a means to make someone poor because after all gambling is an activity that involves money and risk, but in my opinion it also depends on how you treat gambling, because actually even though the activity has risks but if you treat it correctly then in my opinion you should not experience financial decline due to gambling.

On the other hand we can see that there are still or even many active gamblers who are still fine, or I mean do not experience any problems in their financial situation even though they are involved in gambling, IMO gambling will not cause problems if you know how to control it.
Gambling is a business that does involve money, profit, and loss. But this loss is more likely to be experienced by the players because with the casino or their own home they will win more often than lose because they have power over everything by setting up the system to make them profitable in the long term, unfortunately there are still many people who misunderstand gambling by considering it a way to make a profit while in reality they only have a relatively low percentage chance of winning.

Not everyone who gambles always ends up or experiences bad events or big losses because there are people who gamble just for fun so that there are no big losses because of the limits set.
legendary
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December 30, 2024, 02:55:57 AM
Hmm I can confirm that gambling can or indeed allows someone to become a means to make someone poor because after all gambling is an activity that involves money and risk, but in my opinion it also depends on how you treat gambling, because actually even though the activity has risks but if you treat it correctly then in my opinion you should not experience financial decline due to gambling.

On the other hand we can see that there are still or even many active gamblers who are still fine, or I mean do not experience any problems in their financial situation even though they are involved in gambling, IMO gambling will not cause problems if you know how to control it.

I agree that it all depends on how we view gambling itself, we can view it as a place of entertainment or seeking profit. However, it is not easy to be able to handle the risks in gambling, sometimes someone can gamble blindly to be able to return what has been lost, which ultimately makes them experience greater losses. and even when someone gets a big enough win, instead of using the winnings for something better, they actually deposit the money back into the bank, with the hope that if they bet bigger, then the profit they get will also be greater than before. This is a stupid thing that often happens to gamblers. and keep in mind. once you enter the valley of addiction, it is difficult to get out.
hero member
Activity: 476
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Baba God Noni
December 30, 2024, 02:41:37 AM
Yes, I am sure that what you said is true, which is addiction that triggers various aggressive actions such as borrowing money or even other crazier actions such as stealing or robbing, and of course they are definitely irresponsible gamblers and this is usually caused by gamblers who from the start misunderstood what and how gambling really is, most likely they are too tempted by the name of victory or the chance of victory that makes them interested in getting involved in gambling.

Some general advice that is often said by others such as gambling with the amount of money you can afford to lose, we can actually conclude that gambling is recommended to be done with mature self-preparation to face defeat, and when it turns out that you force yourself to gamble with the funds borrowed, it means that you can conclude that you have deviated from various advice that leads to prevention.
I agree that a gambler's lack of understanding and preparation often leads to making irrational choices such as borrowing money just to continue gambling out of greed for winning big.

Only those with a clear mindset and strict boundaries should gamble because if these are not maintained, it’s better to completely avoid gambling to prevent falling into a cycle of debt and regret.
It is not all about lack of understanding. If you don't have to fund to gamble on a particular team which you are convinced that they could win, one can go as far as borrowing money just to play the bet with assurance. Although it's not all bet that needed you to borrow money for you to gamble on them. There are time we ought to let somethings slide so that we can get ourselves. There are still gamblers that would never borrow money just to bet on their favorite team because of the discipline they have as gamblers. Borrowing money to bet can be a temptation but we can as well save money when we have it to gamble emergency games that would worth it, with a good result.
There is no game that is guaranteed of winning, and if you have too much confidence in such game is what will make you go and borrow money to bet on such game. If the game didn't work out as you thought, it has become a bad debt. Doing it for the first time can make you do it again, which gradually you are becoming an addict. This is because only addicts borrow money to gamble.

If a gambler does not have money, he shouldn't gamble. After all, gambling is not by force and don't put profit as your priority when gambling, because that's what will lead you to addiction.
hero member
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December 30, 2024, 02:18:35 AM
Yes, I am sure that what you said is true, which is addiction that triggers various aggressive actions such as borrowing money or even other crazier actions such as stealing or robbing, and of course they are definitely irresponsible gamblers and this is usually caused by gamblers who from the start misunderstood what and how gambling really is, most likely they are too tempted by the name of victory or the chance of victory that makes them interested in getting involved in gambling.

Some general advice that is often said by others such as gambling with the amount of money you can afford to lose, we can actually conclude that gambling is recommended to be done with mature self-preparation to face defeat, and when it turns out that you force yourself to gamble with the funds borrowed, it means that you can conclude that you have deviated from various advice that leads to prevention.
I agree that a gambler's lack of understanding and preparation often leads to making irrational choices such as borrowing money just to continue gambling out of greed for winning big.
When there is no prior preparation for betting against a favorite or a pre planned team and at that time if money is suddenly managed and placed in another bet, then the chances of winning in that type of bet will decrease. Many times it is seen that when a gambler tries to take a bet, he cannot participate in that bet due to his financial crisis. Later, if he changes his decision and places a bet, he loses.

When such an interest appears among gamblers, there is no alternative to keeping themselves under control. The loss in betting is high in accepting such an attempt. Since there is no guarantee of gaining money from gambling, making such an attempt increases one's losses. If for some reason there is no opportunity to place a bet in a favorite bet, then it is better to wait for the next time.
sr. member
Activity: 1092
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December 30, 2024, 12:52:06 AM
Most people have this habit of finding something or someone to put blames on for their own problems, forgetting that they should be responsible for their the outcome of their very own decisions.

It is just easier for many to look for an excuse, someone to blame without knowing that the culprit is the person playing, I also think that nobody forces us to play and much less to say how much we have to bet, if a bet is raised it is because the player is sure and is risking that money, that is something that should be appreciated, a casino sets a minimum game amount but that minimum game amount is not a lot of money, it is a fair price to go and have fun, people who fall into addiction problems will always blame the casino, or someone, this behavior is the most normal of all of us as humans.
legendary
Activity: 2716
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Leading Crypto Sports Betting & Casino Platform
December 29, 2024, 06:42:06 PM
Hmm I can confirm that gambling can or indeed allows someone to become a means to make someone poor because after all gambling is an activity that involves money and risk, but in my opinion it also depends on how you treat gambling, because actually even though the activity has risks but if you treat it correctly then in my opinion you should not experience financial decline due to gambling.

On the other hand we can see that there are still or even many active gamblers who are still fine, or I mean do not experience any problems in their financial situation even though they are involved in gambling, IMO gambling will not cause problems if you know how to control it.

You're right , it actually depends on the approach, the way the particular gambler approach it , because there folks that are gambling but they are still living fine with good health, while there are some who endup ruined their lives through their reckless habits of gambling, and those that are still living fine are those that usually focus on minimising losses so that it won't take them to a point of been broke . But all boils down on their approach though.

Rationally because that's how it should be, meaning any activity even though it is high risk but if for example we know how to respond and treat it then it will not cause too many problems in our lives, because after all we are the ones who regulate everything and also added again there is absolutely no coercion or even threats from the casino that tell you to always gamble, right?
Well that's what people who are now still in a good situation do even though they gamble quite actively.

That also means I believe that gamblers who experience many negative impacts due to gambling are those who from the start have misunderstood what and how gambling really is so that they experience this downturn which all started because they applied the wrong approach.
legendary
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December 29, 2024, 06:35:16 PM
Hmm I can confirm that gambling can or indeed allows someone to become a means to make someone poor because after all gambling is an activity that involves money and risk, but in my opinion it also depends on how you treat gambling, because actually even though the activity has risks but if you treat it correctly then in my opinion you should not experience financial decline due to gambling.

On the other hand we can see that there are still or even many active gamblers who are still fine, or I mean do not experience any problems in their financial situation even though they are involved in gambling, IMO gambling will not cause problems if you know how to control it.

You're right , it actually depends on the approach, the way the particular gambler approach it , because there folks that are gambling but they are still living fine with good health, while there are some who endup ruined their lives through their reckless habits of gambling, and those that are still living fine are those that usually focus on minimising losses so that it won't take them to a point of been broke . But all boils down on their approach though.
If a person is just aiming for that entertainment, and there's allotted money for gambling then losing is nothing, you just have fun playing.

But if that money you used is for your surviving the month, then it'll going to be ruin your routine, you might end up borrowing money just to eat and might destroy your life.

The idea is simple, don't waste the money if there's no sure gain for you, it's not worth the risk and it just show that a person is dumb in finances.

Even the stats don't lie, they tell that only few people win gambling so it's obv a waste of money if you're not having fun, in reality, wins are just bonuses in the game.
sr. member
Activity: 644
Merit: 271
December 29, 2024, 05:23:20 PM
Hmm I can confirm that gambling can or indeed allows someone to become a means to make someone poor because after all gambling is an activity that involves money and risk, but in my opinion it also depends on how you treat gambling, because actually even though the activity has risks but if you treat it correctly then in my opinion you should not experience financial decline due to gambling.

On the other hand we can see that there are still or even many active gamblers who are still fine, or I mean do not experience any problems in their financial situation even though they are involved in gambling, IMO gambling will not cause problems if you know how to control it.

You're right , it actually depends on the approach, the way the particular gambler approach it , because there folks that are gambling but they are still living fine with good health, while there are some who endup ruined their lives through their reckless habits of gambling, and those that are still living fine are those that usually focus on minimising losses so that it won't take them to a point of been broke . But all boils down on their approach though.
legendary
Activity: 2716
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December 29, 2024, 03:59:53 PM
Hmm I can confirm that gambling can or indeed allows someone to become a means to make someone poor because after all gambling is an activity that involves money and risk, but in my opinion it also depends on how you treat gambling, because actually even though the activity has risks but if you treat it correctly then in my opinion you should not experience financial decline due to gambling.

On the other hand we can see that there are still or even many active gamblers who are still fine, or I mean do not experience any problems in their financial situation even though they are involved in gambling, IMO gambling will not cause problems if you know how to control it.
hero member
Activity: 2786
Merit: 657
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December 29, 2024, 10:07:06 AM
I understand the reason behind your statement which is due to people who are negatively affected by gambling but we can't say gambling is their problem because the main source of their problem is themselves, and until they are already to set things right before they can overcome the side-effect of gambling.
Honestly, if we're to talk about things that are shortcuts to poverty there are many but I come to the conclusion that whatever is it we're doing in excess can technically lead to poverty and this is why I believe the wisdom and knowledge are needed in every area of our lives.

Having said that, most people don't notice that smoking and alcohol are the number one money-wasting things in the world. Despite the marketing that says it is not good for health, and how it was not allowed to be placed publicly at the bar the tobacco, and liquor companies are making billions of dollars every year.

Exactly the point @Agbe was trying to make but the thing is gambling is not meant for people that doesn't have self control, people that failed to realize when to give a break for some time or as the case may be even quit if thet can't be in control of their games, I concur to your statement that these set of persons are responsible for whatever condition they find themselves in. Some gamblers don't even understand that gambling should not be taken very serious to the extent of putting all their hope in it, this is where the addiction and the poverty itself comes in, every gambler must understand that they don't have control over what happens when gambling but you can control yoursel for going on and on to reduce the risk of chasing loss which leads to addiction itself.
For me whatever takes your hard earned money that's not sure of yielding a return for you can lead you to poverty though gambling is one of them but it all depends on the individuals involved and how they handle their gambling habits, if one applies smartnes and follow gambling concepts there wont be anything like poverty in this.

Buddy you're right about the smoking of a thing is just that some people fail to take cognizance of it, the money being spent on smoking by some people can go a long way in doing some personal stuffs or even more for them but they are stucked with addiction which can also lead to the said poverty when such individuals are been striked by the health conditions that comes with the smoking of a thing.
Glad, you understand my point. To clarify what you said, to avoid the misconception of the gamblers reading.
Gambling can be treated with seriousness since it's something that has to do with money but having all hope in it since winning is not guaranteed always leads to emotional fever aka buzz and literally addiction.

About smoking and drinking, I am speaking from experience. It is something I was into before, and I knew how much money I wasted on it.
hero member
Activity: 1792
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December 28, 2024, 06:30:34 PM

I agree that a gambler's lack of understanding and preparation often leads to making irrational choices such as borrowing money just to continue gambling out of greed for winning big.

Only those with a clear mindset and strict boundaries should gamble because if these are not maintained, it’s better to completely avoid gambling to prevent falling into a cycle of debt and regret.
It is not all about lack of understanding. If you don't have to fund to gamble on a particular team which you are convinced that they could win, one can go as far as borrowing money just to play the bet with assurance. Although it's not all bet that needed you to borrow money for you to gamble on them. There are time we ought to let somethings slide so that we can get ourselves. There are still gamblers that would never borrow money just to bet on their favorite team because of the discipline they have as gamblers. Borrowing money to bet can be a temptation but we can as well save money when we have it to gamble emergency games that would worth it, with a good result.

But in the end I think all the actions that will be taken by a gambler do depend on the understanding they have regarding the activity, because logically in any case all the actions that will be taken by a person depend on their understanding, for example they are wrong in understanding an activity then surely most of their actions will also tend to be wrong because you do not know about what is actually and what should be done.

And for the problem of self-control it also depends on how you understand the activity you are doing, because when you do not know what is right and what is wrong then it will also affect your self-control.
legendary
Activity: 2506
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December 28, 2024, 04:36:19 PM
Yes, I am sure that what you said is true, which is addiction that triggers various aggressive actions such as borrowing money or even other crazier actions such as stealing or robbing, and of course they are definitely irresponsible gamblers and this is usually caused by gamblers who from the start misunderstood what and how gambling really is, most likely they are too tempted by the name of victory or the chance of victory that makes them interested in getting involved in gambling.

Some general advice that is often said by others such as gambling with the amount of money you can afford to lose, we can actually conclude that gambling is recommended to be done with mature self-preparation to face defeat, and when it turns out that you force yourself to gamble with the funds borrowed, it means that you can conclude that you have deviated from various advice that leads to prevention.
I agree that a gambler's lack of understanding and preparation often leads to making irrational choices such as borrowing money just to continue gambling out of greed for winning big.

Only those with a clear mindset and strict boundaries should gamble because if these are not maintained, it’s better to completely avoid gambling to prevent falling into a cycle of debt and regret.
It is not all about lack of understanding. If you don't have to fund to gamble on a particular team which you are convinced that they could win, one can go as far as borrowing money just to play the bet with assurance. Although it's not all bet that needed you to borrow money for you to gamble on them. There are time we ought to let somethings slide so that we can get ourselves. There are still gamblers that would never borrow money just to bet on their favorite team because of the discipline they have as gamblers. Borrowing money to bet can be a temptation but we can as well save money when we have it to gamble emergency games that would worth it, with a good result.
Like they would tell us during presidential campaign in my country that no human being is worth dying for, same also, I would say that no bet is really worth borrowing for, Because as far as I know, there are no certainties in here, some people can beat their chest and say that they are very sure about that outcome of a particular game, but the reality remains that no one is really certain about anything as long as it has to do with gambling, this is why it's called prediction, which in other words we can say it simply means to forcast, fortale, or make statement of what is likely to happen.

If it were possible to be sure and very sure of outcome of certain games, trust me, alot of us would be super rich today because when ever such games show up, we can break the bank to ensure that we bet everything we have on the game as a way to maximize our payout after the game had won, but unfortunately, no such thing as sure games.
hero member
Activity: 1218
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December 28, 2024, 03:57:25 PM
Yes, I am sure that what you said is true, which is addiction that triggers various aggressive actions such as borrowing money or even other crazier actions such as stealing or robbing, and of course they are definitely irresponsible gamblers and this is usually caused by gamblers who from the start misunderstood what and how gambling really is, most likely they are too tempted by the name of victory or the chance of victory that makes them interested in getting involved in gambling.

Some general advice that is often said by others such as gambling with the amount of money you can afford to lose, we can actually conclude that gambling is recommended to be done with mature self-preparation to face defeat, and when it turns out that you force yourself to gamble with the funds borrowed, it means that you can conclude that you have deviated from various advice that leads to prevention.
I agree that a gambler's lack of understanding and preparation often leads to making irrational choices such as borrowing money just to continue gambling out of greed for winning big.

Only those with a clear mindset and strict boundaries should gamble because if these are not maintained, it’s better to completely avoid gambling to prevent falling into a cycle of debt and regret.
It is not all about lack of understanding. If you don't have to fund to gamble on a particular team which you are convinced that they could win, one can go as far as borrowing money just to play the bet with assurance. Although it's not all bet that needed you to borrow money for you to gamble on them. There are time we ought to let somethings slide so that we can get ourselves. There are still gamblers that would never borrow money just to bet on their favorite team because of the discipline they have as gamblers. Borrowing money to bet can be a temptation but we can as well save money when we have it to gamble emergency games that would worth it, with a good result.
legendary
Activity: 2506
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Leading Crypto Sports Betting & Casino Platform
December 28, 2024, 03:52:03 PM
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.
If there wasn't any age limit of  18 years and above allowed to gamble, it would have been made possible for the government to control gambling. But since someone above 18 age old is viewed as adults who are old enough to make or take decisions on their own, the government doesn't have control over their lives, and how they live it. The least the government can do is to tell their citizens the disadvantages of gambling. How to deal with it to avoid being addicted to it, that someone can't live without
It's ridiculous to depend on the government to do every thing for us, as if the government are not human beings like we all are..

If they government have the capacity to, they can actually control gambling even for adults, but the truth is that, they don't have that capacity, there are alot of other important things for them to give attention to, then give attention to gambling.

A good example will be the control of underage gambling, how good have the government done in this area of making sure that underaged individuals do not get themselves involved with or in gambling? Have they been effective in controlling this, the answer is no, as we have alot of underaged gamblers today, if they failed in this area, how much more when they have to control adults?
hero member
Activity: 1666
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December 28, 2024, 03:41:33 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,money one should use in gambling.
Many persons has made it through gambling, but the thing is most people that made it through gambling does not loud it for people to know that what elevated them to the position they're today is through gambling

Do you know that many persons do hide themselves from people whenever they wins gambling, whereas people always discuss about their loss they had in the gambling more than what they profited, many persons I know has used gambling to become rich person today, but the opportunity of wining in gambling that will change your life is not everywhere....and I another thing you tell me and I will believe is that, the statistics of people who lose in the gambling is higher the the people that profited in gambling, when you tell me such I will believe because of series of complains about gambling.
legendary
Activity: 2464
Merit: 2094
December 28, 2024, 03:23:41 PM
~~~
If there wasn't any age limit of  18 years and above allowed to gamble, it would have been made possible for the government to control gambling. But since someone above 18 age old is viewed as adults who are old enough to make or take decisions on their own, the government doesn't have control over their lives, and how they live it. The least the government can do is to tell their citizens the disadvantages of gambling. How to deal with it to avoid being addicted to it, that someone can't live without
This rule also depends on each country, I mean each country has its rules. My country does not legalize gambling regardless of age, so any form of gambling is prohibited by law. But "gambling is everywhere", and the government is still having a very difficult time eradicating gambling because there are many government officials (person) who support it.

Even though the ban really exists, gambling always exists. Anyone who gambles is basically prohibited in the rules, gamblers know the consequences and they certainly have to consider them wisely. If they gamble in secret, it could be that the government does not know about this activity, meaning that much of the gambling is done secretly.
hero member
Activity: 1008
Merit: 569
December 28, 2024, 03:17:19 PM
True, and honestly I do not understand the mindset of gamblers who force themselves to take loans just to realize their desire to gamble, and one thing I will say is that they are gamblers who come based on a misunderstanding of gambling so that they do not hesitate at all to take loans just to gamble which is actually rationally the worst decision because after all it is the same as you taking two risks at the same time, first you have to pay the loan and second when you lose it will cause significant disappointment and annoyance.

On the other hand, as you said, many gamblers who destroy their lives become even worse after they use the idea of ​​borrowing to realize their desire to gamble and that is indeed true, in the end, in most cases the pressure of the problem of being in debt often makes gamblers take crazy decisions like ending their lives.

Some people has seen enough in life though I don't think that's enough reason to start a drastic decision. If one is taking loan for business and other means of investment I might partially agree to it but you see the aspect of gambling, that's where I think most people cross the line. It's very not a good idea, most of the time people that engage in such hardly recover from it, they borrow money from different people to gamble and when it becomes difficult to pay back, they go into hidden.

I know about one of my friend, not too close as a friend but we do talk, he called me one time and I was shocked when I saw his call. He confide in me how he is going to pay back loans because he has been receiving threatening message from the companies some are even calling his relatives as he agreed the company have access to his contacts. I asked him how much he borrowed and bro told me it's not from one company, it was different companies and now he can't pay back after he has used everything for gambling. I was speechless and couldn't even help him.
sr. member
Activity: 924
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December 28, 2024, 02:36:33 PM
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.
If there wasn't any age limit of  18 years and above allowed to gamble, it would have been made possible for the government to control gambling. But since someone above 18 age old is viewed as adults who are old enough to make or take decisions on their own, the government doesn't have control over their lives, and how they live it. The least the government can do is to tell their citizens the disadvantages of gambling. How to deal with it to avoid being addicted to it, that someone can't live without
hero member
Activity: 1190
Merit: 799
December 28, 2024, 01:53:58 PM
Adding more pressure with your gambling session, knowing that if you lose your loan money it will adds up to your problem, it's not good using money that you can't afford to lose, instead just play the game with spare money and don't put too much pressure, with that kind of gaming you'll not going to push for more and if you lose, you just go and quit without thinking of adding more money, unlike with aiming differently, you'll be stuck and you'll keep playing to the point that you ends up barrowing to keep your session and to keep on trying to recover.
And that's the mistake majority of newbie gamblers make, thinking the more they gamble, the more closer they are likely to winning a jackpot, of which literally it doesn't always work that way, considering the fact that Casinos always have an edge in terms of profit margin to it's users. While secondly, greed and lack of self control are another factor that triggers people into losing so much money to gambling, because initially, gambling is meant to be treated as fun, and not a major source of income, which is why those who treats gambling as a major source of income always struggle with falling victim into addiction. .
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