Gambling is short cut to poverty - page 8.

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Quote from: bakasabo on December 26, 2024, 06:13:55 AM

Quote from: Agbe on December 25, 2024, 09:10:37 AM

I agree completely with you that gamble is truly a good short cut to the part that lead to poverty because if you check the rate of wining in Gambling related activities the winning margin is nothing to compare with the losing percentage because with the rate people has been Gambling if everyone has been wining like that the rate of poverty must have been reduced to an extent in the society, morally speaking if you win big on Gambling you can't comfortable advise your younger generation to go into gambling when you're been asked of advise as an elderly person so Gambling is something that people should not put all their hopes on

If there is a short cut to poverty, there must be a short cut to wealth. One can not exist without other. Gambling can be one of a shorts cut to poverty, but not for everyone. There are million ways to lose money. If people have following logic: gambling means losing money or people lose often in gambling, then it is a short cut to poverty. Then cryptocurrencies are also short cut to poverty, as people lose on trades, get scammed or hacked.

Most of the time is short cut to poverty as the games are designed against us. I tried myself yesterday as I had a bonus and nothing changed always losing money and the short cut to wealth is just a myth in my opinion. If there is truly a short cut to wealth it means that very few person can achieve it, in fact where I play I have not seen yet someone to get there despite many people playing with high bets value. Even those that managed to get a big win after 5 days max they are at a loss again so I don't believe in the short cut to wealth. Most people dream about it and most of such dreams end in misery.

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Quote from: bakasabo on December 26, 2024, 06:13:55 AM

Quote from: Agbe on December 25, 2024, 09:10:37 AM

I agree completely with you that gamble is truly a good short cut to the part that lead to poverty because if you check the rate of wining in Gambling related activities the winning margin is nothing to compare with the losing percentage because with the rate people has been Gambling if everyone has been wining like that the rate of poverty must have been reduced to an extent in the society, morally speaking if you win big on Gambling you can't comfortable advise your younger generation to go into gambling when you're been asked of advise as an elderly person so Gambling is something that people should not put all their hopes on

If there is a short cut to poverty, there must be a short cut to wealth. One can not exist without other. Gambling can be one of a shorts cut to poverty, but not for everyone. There are million ways to lose money. If people have following logic: gambling means losing money or people lose often in gambling, then it is a short cut to poverty. Then cryptocurrencies are also short cut to poverty, as people lose on trades, get scammed or hacked.

Shortcut to wealth isnt something that will really be easy to obtain but becoming that broke or being in poverty will really be just that too easy and thats why its really that important that you should really know on what you are dealing into. Gambling is really that shortcut to poverty and if you wont really be that careful into your decisions on how you would gonna deal with it then you will basically be ending up on being poor because of gambling. Its easy to gamble and spend up money but getting poor is something that will really be that too easy to happen into someone if they will really be that careless into t he actions that they are making.

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Quote from: Agbe on December 25, 2024, 09:10:37 AM

I agree completely with you that gamble is truly a good short cut to the part that lead to poverty because if you check the rate of wining in Gambling related activities the winning margin is nothing to compare with the losing percentage because with the rate people has been Gambling if everyone has been wining like that the rate of poverty must have been reduced to an extent in the society, morally speaking if you win big on Gambling you can't comfortable advise your younger generation to go into gambling when you're been asked of advise as an elderly person so Gambling is something that people should not put all their hopes on

If there is a short cut to poverty, there must be a short cut to wealth. One can not exist without other. Gambling can be one of a shorts cut to poverty, but not for everyone. There are million ways to lose money. If people have following logic: gambling means losing money or people lose often in gambling, then it is a short cut to poverty. Then cryptocurrencies are also short cut to poverty, as people lose on trades, get scammed or hacked.

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Quote from: LDL on December 24, 2024, 06:48:52 PM

Quote from: satscraper on December 08, 2024, 03:28:59 AM

In my view OP has cosmetic way of looking at things. The shot cut to poverty is loafing and inactive life rather than gambling. Stirring imposed by gambling on people who have active live and have skills to make money in all possible ways may result in enhancing the entrepreneur's streaks relevant to given characters. Thus, all depends on the given character. If the person is lazy per se then the poverty at the end no matter whether he is gambler or not .

If someone wanders around like a vagabond without working, then at the end of the day, there will definitely be pressure on them because who will pay for the expenses of running a family if they wander around without working.
Gambling plays a significant role in creating poverty in people, but if you live a more lazy life, it will not take long for you to become poor. There are many people around us who support their families with loans but live a lazy life without working, and they end up living in extreme misery at the end of their lives.

Money has to be earned by hard work and here lies everyone's problem. No one wants to earn money by working and also they want to earn more money without working. Most of the new gamblers come into gambling with the misconception that once they start gambling, they will be able to earn huge amounts of money from the gambling platform overnight, thereby making them own huge amounts of money without working hard. However, there is no similarity between fantasy and reality. When they get involved in gambling, far from making money by gambling, they regularly lose money. There are some stupid gamblers who get addicted to this gambling and borrow money from others and gamble with that money and it is really terrible for stupid gamblers. The gambler realizes that he has made a mistake, but by the time he realizes it, there is no time to correct the mistake. So we have to be careful in advance.

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Quote from: South Park on December 24, 2024, 05:19:15 PM

Quote from: finaleshot2016 on December 22, 2024, 09:52:14 AM

People really lack the knowledge of money, they don't value money and don't know how things work in gambling. People thought it's normal to lose something exchange for a "Chance" of winning, it's not very ideal and practical. They're the one who's very annoying too who's celebrating when won a lot but didn't remember that he loses more than the win he gained. Those are the people that loans money just because they think they can earn more or double of the money, it's very dumb to have a mindset like that.

The majority of the people out there do not understand how money works, with many people I know still thinking that money is backed by gold or silver, and when I tell them this is not the case and nothing but our belief that is worth something is what backs it, they cannot accept it, then it is not surprising they cannot really understand how gambling works and why it is a bad idea to use money they cannot really afford to lose by risking it in an activity that over the long term is guaranteed to bring them losses.

if someone knows nothing about money and want to start understanding how it works, what would you recommend? books? which ones?

I agree with you that most are clueless and careless with their money and don't put the minimum effort to learn more about it and change their financial situation
it's crazy

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Quote from: Agbe on December 25, 2024, 09:10:37 AM

I agree completely with you that gamble is truly a good short cut to the part that lead to poverty because if you check the rate of wining in Gambling related activities the winning margin is nothing to compare with the losing percentage because with the rate people has been Gambling if everyone has been wining like that the rate of poverty must have been reduced to an extent in the society, morally speaking if you win big on Gambling you can't comfortable advise your younger generation to go into gambling when you're been asked of advise as an elderly person so Gambling is something that people should not put all their hopes on

The level of defeat and victory is certainly different, for players they only have a victory with a small chance while for defeat the chance is big, some people say that gambling is said to be 50/50 but in my opinion it is not like that because in any case the chance of winning is certainly smaller than the chance of winning. And gambling is not a shortcut to becoming poor, maybe this only applies to people who do gambling with the aim of seeking profit.

For people who do gambling with the aim of having fun I think this does not apply, because they are only looking for entertainment alone by having good self-control so as not to cause major problems.

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Quote from: uche6215 on October 06, 2024, 05:50:36 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 agree completely with you that gamble is truly a good short cut to the part that lead to poverty because if you check the rate of wining in Gambling related activities the winning margin is nothing to compare with the losing percentage because with the rate people has been Gambling if everyone has been wining like that the rate of poverty must have been reduced to an extent in the society, morally speaking if you win big on Gambling you can't comfortable advise your younger generation to go into gambling when you're been asked of advise as an elderly person so Gambling is something that people should not put all their hopes on

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Quote from: LDL on December 24, 2024, 06:48:52 PM

Quote from: satscraper on December 08, 2024, 03:28:59 AM

In my view OP has cosmetic way of looking at things. The shot cut to poverty is loafing and inactive life rather than gambling. Stirring imposed by gambling on people who have active live and have skills to make money in all possible ways may result in enhancing the entrepreneur's streaks relevant to given characters. Thus, all depends on the given character. If the person is lazy per se then the poverty at the end no matter whether he is gambler or not .

If someone wanders around like a vagabond without working, then at the end of the day, there will definitely be pressure on them because who will pay for the expenses of running a family if they wander around without working.
Gambling plays a significant role in creating poverty in people, but if you live a more lazy life, it will not take long for you to become poor. There are many people around us who support their families with loans but live a lazy life without working, and they end up living in extreme misery at the end of their lives.

Clueless people will always find someone to blame for their troubles. They get poorer because a casino was built nearby, or their employer sets too high demands at work. Gambling is an amusement that has been present in society for almost as long as money and writing have existed. And throughout this time there have always been people who blame their troubles on gambling. Maybe it is time for such people to think about the fact that you can manage your life and play gambling for fun and not to beat the casino.

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Quote from: Sithara007 on December 25, 2024, 01:37:37 AM

Quote from: LDL on December 24, 2024, 06:48:52 PM

If someone wanders around like a vagabond without working, then at the end of the day, there will definitely be pressure on them because who will pay for the expenses of running a family if they wander around without working.
Gambling plays a significant role in creating poverty in people, but if you live a more lazy life, it will not take long for you to become poor. There are many people around us who support their families with loans but live a lazy life without working, and they end up living in extreme misery at the end of their lives.

I have the same opinion about gambling, alcohol and porn. To a certain extent, these help people to relax. But some people don't know where to put the full stop, and such people get ruined as a result of gambling. For me, gambling is just a way to relax. When I visit any casinos with my friends or relatives, I know how much I should gamble and for how much time I should stay there. But some people get carried away, and gamble more than they could afford to lose. We should rather blame the behavior of such people rather than carpet blaming gambling as an industry.

If you treat it that way then you'll get the benefits as you can take some relaxing day when you play the game, as long as you have that capabilities to keep it that way then nothing can harm you on both your finances and your relationship with your love ones, unlike with unable to control your emotion, it can ruined you and it also affects the life of those people who care for you.

Most of those who made a big mistake thinking that gambling is a quick way to make money, those are the one who mostly prone losing a lot, to the point that they lose their savings in a short period of time.

You need to have that distinction between entertainment and aiming to earn money as you may lose a lot once you suffer from loses that you can't afford to let go.

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Quote from: LDL on December 24, 2024, 06:48:52 PM

Quote from: satscraper on December 08, 2024, 03:28:59 AM

~snip~

If someone wanders around like a vagabond without working, then at the end of the day, there will definitely be pressure on them because who will pay for the expenses of running a family if they wander around without working.
Gambling plays a significant role in creating poverty in people, but if you live a more lazy life, it will not take long for you to become poor. There are many people around us who support their families with loans but live a lazy life without working, and they end up living in extreme misery at the end of their lives.

Not all poverty problems are caused by gambling and that is true but here we discuss it must be associated with people who are indeed fond of gambling.
Speaking according to the facts there are many more complicated problems resulting from gambling, someone who borrows money and does not have job but uses it for gambling capital in the hope of making money, that is very common occurrence, I it would be very respectful to people who borrow money to support their families even though they do not work rather than borrowing money just for gambling capital.

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Quote from: LDL on December 24, 2024, 06:48:52 PM

If someone wanders around like a vagabond without working, then at the end of the day, there will definitely be pressure on them because who will pay for the expenses of running a family if they wander around without working.
Gambling plays a significant role in creating poverty in people, but if you live a more lazy life, it will not take long for you to become poor. There are many people around us who support their families with loans but live a lazy life without working, and they end up living in extreme misery at the end of their lives.

I have the same opinion about gambling, alcohol and porn. To a certain extent, these help people to relax. But some people don't know where to put the full stop, and such people get ruined as a result of gambling. For me, gambling is just a way to relax. When I visit any casinos with my friends or relatives, I know how much I should gamble and for how much time I should stay there. But some people get carried away, and gamble more than they could afford to lose. We should rather blame the behavior of such people rather than carpet blaming gambling as an industry.

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Quote from: LDL on December 24, 2024, 06:48:52 PM

Quote from: satscraper on December 08, 2024, 03:28:59 AM

In my view OP has cosmetic way of looking at things. The shot cut to poverty is loafing and inactive life rather than gambling. Stirring imposed by gambling on people who have active live and have skills to make money in all possible ways may result in enhancing the entrepreneur's streaks relevant to given characters. Thus, all depends on the given character. If the person is lazy per se then the poverty at the end no matter whether he is gambler or not .

If someone wanders around like a vagabond without working, then at the end of the day, there will definitely be pressure on them because who will pay for the expenses of running a family if they wander around without working.
Gambling plays a significant role in creating poverty in people, but if you live a more lazy life, it will not take long for you to become poor. There are many people around us who support their families with loans but live a lazy life without working, and they end up living in extreme misery at the end of their lives.

You wont be able to notice it out until you do able to experience for yourself on the moment or time that you will be suffer those unfortunate conditions. We do know that people wont really be stopping out on doing something not until they will be significantly having some issues when it comes to financial aspect. As long they will be able to continue on what they are doing and having the money to make use of on playing gambling then this is where you will definitely be seeing yourself on continue on playing no matter what.
The worst here is that you do tend to take up some loans or borrowing money just for the sake of gambling then it will be the fastest way on to reach up poverty or simply sleeping on the streets.

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Quote from: satscraper on December 08, 2024, 03:28:59 AM

In my view OP has cosmetic way of looking at things. The shot cut to poverty is loafing and inactive life rather than gambling. Stirring imposed by gambling on people who have active live and have skills to make money in all possible ways may result in enhancing the entrepreneur's streaks relevant to given characters. Thus, all depends on the given character. If the person is lazy per se then the poverty at the end no matter whether he is gambler or not .

If someone wanders around like a vagabond without working, then at the end of the day, there will definitely be pressure on them because who will pay for the expenses of running a family if they wander around without working.
Gambling plays a significant role in creating poverty in people, but if you live a more lazy life, it will not take long for you to become poor. There are many people around us who support their families with loans but live a lazy life without working, and they end up living in extreme misery at the end of their lives.

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Hmm honestly I can agree with the idea that "gambling is a shortcut to poverty" only when someone treats gambling in the wrong way, such as gambling with the intention of earning income or gambling with the aim of making a lot of money, because it is clear that in most cases it actually makes them lose a lot of money instead of making money.

This means that if for example you treat gambling in the right and correct way then you should still be fine, gambling is one of the risky activities, I understand that but it does not mean that you will really become poor after you are involved in it, because everything will still be fine or you will not experience any problems due to gambling if only from the start you know how to treat the activity correctly such as not putting excessive hope in winning and always gambling with the amount you are ready to lose, in conclusion that is the reason why we must first know about what activity we are actually facing.

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Quote from: finaleshot2016 on December 22, 2024, 09:52:14 AM

People really lack the knowledge of money, they don't value money and don't know how things work in gambling. People thought it's normal to lose something exchange for a "Chance" of winning, it's not very ideal and practical. They're the one who's very annoying too who's celebrating when won a lot but didn't remember that he loses more than the win he gained. Those are the people that loans money just because they think they can earn more or double of the money, it's very dumb to have a mindset like that.

The majority of the people out there do not understand how money works, with many people I know still thinking that money is backed by gold or silver, and when I tell them this is not the case and nothing but our belief that is worth something is what backs it, they cannot accept it, then it is not surprising they cannot really understand how gambling works and why it is a bad idea to use money they cannot really afford to lose by risking it in an activity that over the long term is guaranteed to bring them losses.

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Quote from: finaleshot2016 on December 22, 2024, 09:52:14 AM

Quote from: Betwrong on December 22, 2024, 09:10:22 AM

Quote from: Lucasgabd on December 05, 2024, 04:37:40 PM

Quote from: Betwrong on December 05, 2024, 09:58:40 AM

~

anyone can gamble, of course, but if you have more disposable income it'll fit you much better than if you don't
the problem is that it is exactly the most vulnerable people with low income that end up getting to gambling with the hope of making it, but with really little knowledge on managing risk and taking care of their own emotions...

it's a crazy world

The world itself isn't that crazy, it is us who's making it crazy by doing crazy things like betting with what we can't afford to lose. Gambling is not necessarily short cut to poverty, but it can easily become that for someone who doesn't know how to respect their own limits, how to not go over those limits they've set for themselves.

People really lack the knowledge of money, they don't value money and don't know how things work in gambling. People thought it's normal to lose something exchange for a "Chance" of winning, it's not very ideal and practical. They're the one who's very annoying too who's celebrating when won a lot but didn't remember that he loses more than the win he gained. Those are the people that loans money just because they think they can earn more or double of the money, it's very dumb to have a mindset like that.

we should learn the basics about money on school
spending less than what we earn
the difference between paying coumpounding interest and receiving
different ways to invest

many things and they're usually way less complicated than physics and chemistry

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Quote from: Betwrong on December 22, 2024, 09:10:22 AM

Quote from: Lucasgabd on December 05, 2024, 04:37:40 PM

Quote from: Betwrong on December 05, 2024, 09:58:40 AM

~

anyone can gamble, of course, but if you have more disposable income it'll fit you much better than if you don't
the problem is that it is exactly the most vulnerable people with low income that end up getting to gambling with the hope of making it, but with really little knowledge on managing risk and taking care of their own emotions...

it's a crazy world

The world itself isn't that crazy, it is us who's making it crazy by doing crazy things like betting with what we can't afford to lose. Gambling is not necessarily short cut to poverty, but it can easily become that for someone who doesn't know how to respect their own limits, how to not go over those limits they've set for themselves.

People really lack the knowledge of money, they don't value money and don't know how things work in gambling. People thought it's normal to lose something exchange for a "Chance" of winning, it's not very ideal and practical. They're the one who's very annoying too who's celebrating when won a lot but didn't remember that he loses more than the win he gained. Those are the people that loans money just because they think they can earn more or double of the money, it's very dumb to have a mindset like that.

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Quote from: Lucasgabd on December 05, 2024, 04:37:40 PM

Quote from: Betwrong on December 05, 2024, 09:58:40 AM

~

anyone can gamble, of course, but if you have more disposable income it'll fit you much better than if you don't
the problem is that it is exactly the most vulnerable people with low income that end up getting to gambling with the hope of making it, but with really little knowledge on managing risk and taking care of their own emotions...

it's a crazy world

The world itself isn't that crazy, it is us who's making it crazy by doing crazy things like betting with what we can't afford to lose. Gambling is not necessarily short cut to poverty, but it can easily become that for someone who doesn't know how to respect their own limits, how to not go over those limits they've set for themselves.

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Quote from: Onyeeze on December 06, 2024, 06:38:58 PM

Quote from: Lucasgabd on December 06, 2024, 06:27:40 PM

Quote from: Dewi Aries on December 05, 2024, 05:13:24 PM

Quote from: Lucasgabd on December 05, 2024, 04:37:40 PM

Quote from: Betwrong on December 05, 2024, 09:58:40 AM

I wouldn't say gambling is meant to be for the rich people, but I totally agree with the notion that poor people shouldn't gamble, that's for sure. Poor people when gamble they risk everything they have hoping to to win some big money, they don't think of gambling as entertainment, rather they think it can help them to make money. People who think like that shouldn't gamble at all.

anyone can gamble, of course, but if you have more disposable income it'll fit you much better than if you don't
the problem is that it is exactly the most vulnerable people with low income that end up getting to gambling with the hope of making it, but with really little knowledge on managing risk and taking care of their own emotions...

it's a crazy world

Yup I agree with this one and it means the biggest mistake of gamblers is when they use gambling as a medium to overcome problems they are having outside of entertainment such as financial problems, most of the gamblers who are now experiencing the bad impacts are those who come by prioritizing money as the main goal and I think the reason is clear that behind the scenes they are having problems with their finances such as those who have low incomes or those who are in debt for example, so I quite agree with your opinion that the majority of problem gamblers are those who associate gambling with their personal financial problems.

oh, this is the worst situation
same with drugs and sometimes even other everyday things like food or sex.
Prioritizing money for a while may be ok but remember that when you make enough (and this is a different number for each person) you have to simply say "that's enough" and to stop playing and to find a work that gives you meaning and happinness and decide what to do with your time and energy here in this planet.

when you have financial buoyant and you have issues that depressed you can't believe can make you to forget about such depressed because once you remember gambling and the make your predictions you will not be thinking of that stress on the problem you'll be thinking of your gambling but the thing is that is good for someone who is financial to do that knowing that when it lose it will not affect it life or add for the initial thinking or problem that is undergoing but when you have the money and the you know that when you lose it will not affect you I think gambling can be one of the day that relieve a depression whenever you are depressed that is why there's a gambling is a part of entertainment and his meant for rich people but the process whereby you are not rich and they have issue and you go to gambling for me I will advise you not to go into gambling because it will add for your problem because you cannot resist two things at the time

as with any habits the key would be identifying what are the triggers that make you want to gamble
are you bored?
are you jut floating with your free time and looking for emotions?
are your healthy habits in check? meditation, good diet, exercise, etc...
these are the questions to ask.

I've never seen data on economic profiles of gamblers but I'd guess that there are many poor and medium class people gambling A LOT and not only rich ones.

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Quote from: Nwada001 on December 07, 2024, 12:51:26 PM

Quote from: gunhell16 on December 07, 2024, 03:02:03 AM

I think gambling is a broad issue, because whether we admit it or not, there are only a few who win jackpots in casinos. And most of them are losers in gambling. Though, there are also many who win but not large amounts to say.

That's very correct; some of those who hit the jackpot, if a proper account of all their losses is being done, you will see that the amount they won from the jackpot can't even cover up all that they have lost to gambling before they finally hit that big win.

There are also some who just played a few times and won big, covering more than they have spent over time in gambling, but with time and overconfidence, they start giving back that which they have won to the casino gradually without even realizing it, and it will take longer or even a lifetime before they can hit that large win again.

The only key when gambling is to be responsible on your action. Control yourself over the urge in gambling. While it is true that gambling can make you rich in an instant, but it can also terribly ruin all your finances if you keep chasing your luck, or your anticipations of making bigger wins. So always in control with your gambling habit, take a break if you are mostly at loss. No one’s end up into poverty if you are only consistent with your gambling’s limitations.

Topic: Gambling is short cut to poverty - page 8. (Read 8606 times)