Topic: Having a regular/steady income is important as a gambler. (Read 2807 times)

oh, of course, a steady source of income may save you, specially if you don't manage risk well and risks losing all your gambling money
I've seen some gamblers who manage their risk by not leaving all their money in the same place too
if thy have access to a casino or perpetuals exchange sometimes they blow up, but if the casino or exchange only holds a small amount of their money then they're safe.

Yes that is true, those  having too much hope in gambling usually play gamble with all there heart and from then loses and continue chasing after there looses. With all their fund and may end up even borrowing money to continue playing. But having a steady means of Income can go a long way. Itvwil save a gambler from som unnecessary expenditure that would have disgraced him publicly or in any way.

some people will maybe laugh from this but there's this really good book by Deepak Chopra called the 7 spiritual laws of success
and the sixth law is exactly about distancing yourself from what you want
somehow "not wanting it with 100% of you", like an obsession, may help.

If it was possible and easy to check, then only individuals with a steady income should be allowed to gamble. This is because having a steady income is crucial in the life of a gambler. Steady income serves as a shield against problem gambling. When a gambler does not have a steady income he might gamble with money meant for payment of important bills. This can jeopardize the gambler`s financial well-being and put him at risk of not being able to afford necessities. This can create a cycle of financial hardship and instability that will be difficult to break out of.

Even with a steady income, self-control and discipline are still paramount for a gambler as it will aid the gambler to manage his finances effectively. Without these qualities, a gambler may find himself in precarious situations where he risks his financial stability by gambling with essential funds. By exercising self-discipline and making responsible choices about money management, a gambler can secure his financial future and avoid unnecessary risks.

Well, YOU are right, but then, some people have actually meet their turning point in life as a result of their gambling activities, many are where they never imagined they would be financially as a result of gamibling, this and many more is the reason I believe many have turned to gambling as a source of income rather that a source of recreational entertainment which It was made and supposed to be, I have a friend (though not really close) who is multi-millionaire today and doing very well for himself simply as a result of his involvement in gambling and sports betting, and his success have cause alot of people around him to also turn to gambling, even those who should never really have anything doing in gambling, everyone wants exactly the same kind or type of breakthrough that friend of mine has.

And one thing that is certain is that, as long or as far as we from time to time, keep seeing or coming across people whos luck found them while they are gambling, many will continue to see and participate in gambling as a means of financial breakthrough, rather than a means to just have fun.

If you gamble and you don't have a source of income to finance your gambling activity, you will not enjoy gambling because sometimes you will see a good game that is worth making prediction on but because you don't have the money to bet it, you become stagnant and confuse and it's even possible that with such prediction that you want to make, you can win a big amount of money from such prediction. If you don't have money, you will likely be begging around to gamble and I time might even come that you will use the money you news to gamble which is big mistake you should even avoid before think of gambling.

Today, the people you see that gamble today are the people who don't have much and are just trying one or two ways to make a living through gambling and sadly they don't win anything at all, they keep on trying until they hit that addiction stage without realizing.

Of course, this is very wrong, because winnings from gambling are not consistent even though people are experts at gambling games, and gambling is not worthy of being a source of income because in reality most people waste their money gambling.
And make gambling just for fun from your income or salary in your spare time, and if you have the desire to play then it only costs a few dollars. And enjoy the game that you like and master with little capital, so that you feel satisfaction and enjoyment when playing without thinking about gambling to make money. Because it will only make you addicted to uncontrolled ambition and will make you suffer.

I do agree with that, if we depend on gambling with high hopes that gambling can provide profitable wins, of course that is a wrong perception, because that will only drain our finances. Gambling should generally be done just for fun or to fill free time, because then everything will be fine. If we really don't have enough money then it's best not to force ourselves to gamble, it's better to gamble when our finances are stable, it's better.

with so many people experiencing big losses, I think they have too much hope in gambling so that when they lose they don't stop but go back to gambling with the aim of recovering their losses, that's very wrong. we have to be able to pay attention to our finances, if our finances are stable where our needs are always met and we still have money left over then we can spend it on gambling, but if we have unstable finances then don't gamble, and gambling is not a solution to overcome financial problems .

I think almost all of us agree that depending on gambling to make money is a really bad situation, it's much better to be dettached from the outcome and gamble as a way to have fun, only.
not as a main activity.
of course if you have income things will be easier.

Well, these types of things are what we should take care of the most, because basically there are many things that can be done and personally I have always been a person who, whether I have income or not, does not have to allocate everything to a casino because it is the most What he can do, a person has to be responsible for his actions, he should not go crazy, if he has a lot of money, it is already a matter of decision if he wants to spend but cannot allocate an entire salary because in some way that money Of the salary you need to be able to live well and be able to do your things, at least eat well, dress, pay for services, and pay for all the basic things to live, that's all we should see.

People who have a salary have to balance their expenses very well, because it is very easy for things to get out of control if we allow ourselves to be carried away by emotions, and this triggers a series of events that sometimes we can do or conclude that the Things in casinos can leave us on the street, that's why I will always insist on saying that my strategy is the best to satisfy, it makes a very good impression and apart from that it reduces the risk of suffering from addiction.

I have always said that things can be very different depending on what happens to each player, that is, each player has his own way of playing, but if the player before playing puts money ready to play and lose, it is It is different to have all your money from your salary, it is very different to risk only a part and lose it, than to risk everything and lose it, because then that triggers more problems, such as borrowing money to cover mandatory expenses and many other things. They will always be the difference, these types of things are the ones that should be avoided, and they are characteristic of people not becoming addicted to the game, for me addiction is the worst thing you can fall, and the quickest you can You have to look for a way out.

No one hides that casinos have an advantage over you, it's the 21st century, and everyone knows about house edge, casinos state that publicly and you can also see the RTP (Return To Player) on most of their games, some casinos even show you live RTP.

---

Let's return to the topic. Having a regular income is a very important thing for gambler because usually lack of income source is the main reason of gambling addiction. When someone doesn't have regular income and loses in a casino, that person tries to recover what he lost and that's when the addiction develops. Steady income gives them the possibility to relax if they lose and wait till they receive salary, so there is no need to rush if you lose.

Income earners have some advantages due to their work, the period spent in the office, helps the player to think about his gambling habit. While a non-income earner, wouldn't have a free time outside gambling, he spends most of his time looking for ways to generate money for his gambling urge. Hence, increasing his chances of getting addicted. However, both ways, still matters a lot, as gambling addiction doesn't mind if a person is an income earner or not. The need to understand that players must be careful especially the cooperate workers, not to lose their job due to gambling anxiety, remains very crucial.

They have to pay tax, and take care of family with the earned income, if gambling takes a large percent of the money, the player will most likely fail in his endeavors to impress his employer, or go for the promotions he's looking at, in his career. Income earners, have the opportunity to gamble for a short time, then rest after a hectic day in the office. The weekend also serves rights as a better period to gamble, in form of a relaxation time. When they get addicted, the income earners, it's preferably simple to cure them, as they have some money to handle the issue, also the risk of debt is minimal, as the player hopes on his income for his gambling bankroll.

Of course, the casino has the role of host, they cannot hide their advantage, in any gambling game the host will have the advantage to win, and there is no way to argue about that. Even though some people say they have tricks, patterns and strategies to win at gambling, I don't think they can fully win, maybe that's just an alibi for their enthusiasm for gambling. but what is clear is that the advantages that casinos have are often not realized by gamblers, where they only think about winning which is difficult to obtain, and in many cases of big losses due to gambling, I think it is because their own thoughts are wrong about gambling, because if they could see gambling is a means to have fun there may not be any major losses. if they only think about winning, it means they think that gambling is a place that can make money for sure, but in reality, of course that is not true, because the truth is that gambling casinos are just a means of having fun that uses money as a medium of exchange. Maybe they have been hypnotized by gambling which is said to be easy to win, but what you say is true, the reality is the opposite, where they lose more easily and that is what they often get. If indeed gambling could produce wins easily then many people would definitely make gambling a full-time job, but in reality it is not like that.

with them making gambling a full-time job, it will only make their finances drain quickly, and with them like that it means they have no self-control because why can they make gambling a full-time job, when it doesn't guarantee that it will produce profitable wins. If we really like gambling then we have to do it wisely and be responsible for everything that happens, be able to control ourselves including our own emotions, lest we ourselves lead to big losses. Doing gambling wisely is a must, and never gamble when you don't have money. I mean if you only have a little money, don't expect that by gambling you can double it, because that can't really happen, but what clearly happens is losing and losing money. gamble when our finances are stable, basic needs that must be met must be prioritized, and gambling with the remaining money and don't do it excessively is not the right action.

Obviously a steady income is important. Otherwise you would be gambling money that you really need until you find another income source and that might be very troublesome once you realize you do not have the money for material necessities. But it is just as important to have the discipline not to gamble everything away. Otherwise you would come to the same conclusion as with gambling without an income source.

If you think about it, either way it is a question of discipline. How much self-control do you have?

 

There are calculators online that will tell you the expected results after x times, given certain odds, so you din't even have to take the time to make the calculations yourself.

A few lucky players will beat the house and get a big prize, but these cases are exceptional, that's why it is important to have regular income: because, if you rely on your luck to make a living, and you risk your savings gambling, your strategy will be advocated to failure most if the times.

At that point, gambling is no longer fun.

Casinos do not really hide the fact they have an edge on every single one of their games, after all the odds of winning are clear and the payouts are explicitly stated, so anyone that takes a moment to make some calculations will get to see that no matter what bet they make, the casinos have an advantage over them.

If people get addicted is because they have deceived themselves into thinking they can beat the casinos, and once they fail on achieving this goal they get obsessed with it and try to demonstrate that beating them is possible.

I'll say those are quite an eye-opening statistics you got there. Indeed the odds are really staked against the gamblers, and the individuals that run the casinos are really the ones who are truly benefiting from the all the gambling activities in the end. This also explains why casinos are often seen as the house of cards, they are designed to give the general public the illusion that winning is very easy and that the chances of winning are more than that of losing, while in reality it's quite the opposite, the vast majority of people who gamble there will end up losing. With this in mind, it's preposterous how people often get addicted to gambling, it's almost like they're all chasing a mirage.

A gambler needs human calmness to gamble. A gambler will only be able to get that peace of mind when he is financially mature. Gambler must have a regular income to sustain continuous gambling. Gambler's motive in gambling is to win but winning is not guaranteed in gambling. In betting there can be either profit or loss. Moreover, loss is a common thing as the gambler cannot guarantee a win. Gamblers who have a regular income don't have a problem with gambling losses. They have no recourse especially to meet the daily living expenses. In my gambling experience I am convinced that people who are financially sound have comparatively more gambling wins.

There are some gamblers who don't have enough money but they need badly winnings and those gamblers tend to lose more. I agree with the OP that gamblers need a regular income which is most important for leading good gambling life.

Many people experience big losses because they are not aware that the chances of winning are so slim, so that by not realizing it, they experience big, serious and long-term problems. The fact is that gambling companies will win more often because their goal in holding or establishing casinos is to be able to seek profits from many people, so they will not give wins to everyone, especially often, because that is not their goal, and on the contrary, they will lose. It is clear that gamblers find it more often because the goal of gambling is to seek profits from many people, so with the large number of people who gamble in the casino, there is a greater possibility that they will experience losses, perhaps compared to the number of gamblers who experience losses in every gambling game, it is 97%. an, and 3% are those who win. Therefore, the thing that must be emphasized is that the chance of winning is so slim that it cannot be changed. indeed we should be able to gamble with money that we are willing to lose, because if they are not prepared for the money they are betting on it can trigger them to become addicted to gambling and of course this must be avoided or prevented, it is true what you said, there are limits. is one of the things that can be done to avoid excessive addiction. because there have been many cases of the bad effects of being addicted to gambling, and I hope that with this many cases it can be a lesson for us not to overdo it when gambling.

The principle is wrong with them regarding gambling as the main source of income, because gambling must be done as well as possible, such as doing it for fun where we can accept defeat, and also we must be able to do gambling with the aim of having fun, doing it at the right time. Having free time is one of them, but of course this is still widely ignored to the point that currently I think around 90% of people are addicted to gambling. It is very rare for someone to be able to gamble by controlling themselves well, whether it is within the limits of the budget deposited or the time limits. If they have the awareness to stop gambling then they can get support and encouragement from other people around them, including family and friends, therefore, take good care of yourself. Don't let too many things happen and harm yourself, such as becoming addicted to gambling, because the fact is that gambling addiction is based on yourself, not other people.

Well, the first thing I'd say is that people should be acutely aware of their chances of winning. Most types of gambling have the odds stacked in favor of the house, making it extremely unlikely that someone will regularly win money over time. Understanding the odds can help people make more informed decisions about how much to gamble and if the risk is worthwhile. Second, I believe that people should set limitations for themselves in terms of how much time and money they are ready to spend on gambling. This can assist them avoid falling into the cycle of chasing losses.

Another thing I'd add is that it's critical to detect the signs of gambling addiction, which might include spending more time and money than anticipated, feeling nervous or unhappy when not gaming, or believing that gambling is required to escape difficulties or relieve stress. If a person exhibits any of these symptoms, they should get help from a specialist, such as a therapist or counselor who specializes in gambling addiction. Finally, I believe that people should have a support structure in place, such as friends or family members, to assist them keep accountable and avoid problem gambling.