Having a regular/steady income is important as a gambler. - page 11.

junder

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Quote from: ethereumhunter on February 02, 2024, 02:24:54 AM

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Having a regular income can help ensure that you're gambling responsibly. If you rely solely on gambling for income, it can lead to financial instability and potential problems with debt if you experience losses. A regular income can provide a safety net and reduce the temptation to chase losses or make impulsive decisions and also, Gambling inherently involves risks, and there's no guarantee of consistent or predictable returns. Relying solely on gambling for income is generally considered risky and not advisable. A regular income from other sources, such as a job or business, can provide stability and financial security, reducing the reliance on gambling as a primary income

Having a fixed income does not guarantee that someone can gamble responsibly. If he does not have good self-control, he will end up spending all his regular income on gambling because he will think that he has more money than his regular income for gambling. He may experience greater temptation to continue his gambling because, with his steady income, he is only looking at larger amounts of money than usual. He may also forget about allocating funds for other needs in his life and will use all his money to gamble. The important thing is that they must have self-control if they want to gamble so that no matter how much money they have, they can still control themselves so they don't lose a lot.

I agree with you, having a fixed income does not guarantee that they gamble responsibly. There are times when one moment can make them lose control, whether they are winning or losing, but as far as I know, gambling is able to hypnotize the thinking of someone who is gambling, and I also think there are people who gamble with a target but after getting the target they have different motives. different from gambling. This could happen because changes in gambling can occur from one moment to another.

and as you said about the temptation of gambling, it is true, gambling can attract anyone to the point of forgetting themselves, because it has a strong attraction or temptation so that many people are lulled into gambling which ends them being trapped in a gambling addiction. The key is self-control, if they gamble with self-control then there is a small chance of addiction occurring, because discussing self-control involves many aspects, addiction, boundaries and a person's attitude towards gambling. also with their own thoughts on what gambling is like in their eyes, because everyone's views are different.

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Quote from: Cryptoprincess101 on February 02, 2024, 05:46:16 PM

Having a regular income is good for everyone but for a gambler, it tends to even draw them more closer and become addicted because since the income is coming at regular intervals, the gambler would feel he can actually win on several attempts thereby he can even spend most of his money in gambling with the hope that he would still receive another income within a short while and since he is very sure of his income he might gamble carelessly with the mindset that after all his income will surely come. So even while having a steady source of income, a gambler needs to learn how to manage his funds and not allow his gambling to take the most part of his life then only can he be at peace and play in a responsible manner.

Even though they have a fixed income, they still have to be able to allocate a certain amount of money for gambling because if not, they will not be able to maintain their income. After all, it will be used for gambling. This will pose a risk to them because they can experience defeat, and when they do not have good self-control, they will only be tempted to continue gambling because they want to recover their losses. That is why someone with a fixed income should be able to manage their income well and allocate a certain amount of money for gambling. This avoids defeat and losing all the money you earn without having anything left over. He must also have good self-control so that he does not fall into gambling and use more money. By having good self-control, he can gamble responsibly and will not spend all his money gambling. Apart from gambling, he will also allocate a certain amount of money for his daily needs.

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Quote from: Richbased on January 28, 2024, 10:44:44 AM

Gambling though is a risky game that the chances of winning and losing is in equilibrium but in other for one to have a possibility of winning, it requires a steady income.

Having a steady and regular income is very important as a gambler because it would enable you to scrap out money you should use for gambling, feeding, taking care of yourself and family and other miscellaneous.

I agree it's very important it's not to support your gambling activity but so you will not use money that is allocated for your family and you will not take a loan when there's a strong urge to gamble.

The worst thing that a gambler can do is to take a loan to gamble or use his savings to gamble if you have a regular and steady income it will be avoided and when we have a job, or a business our time on casinos is limited, its when we don't have a job or a business that we indulge ourselves to gambling because inactivity makes us do things we enjoy doing and if you're a gambler you will likely indulge yourselves to gambling when you have a lot of time to do so.

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Having a regular income can help ensure that you're gambling responsibly. If you rely solely on gambling for income, it can lead to financial instability and potential problems with debt if you experience losses. A regular income can provide a safety net and reduce the temptation to chase losses or make impulsive decisions and also, Gambling inherently involves risks, and there's no guarantee of consistent or predictable returns. Relying solely on gambling for income is generally considered risky and not advisable. A regular income from other sources, such as a job or business, can provide stability and financial security, reducing the reliance on gambling as a primary income

It's very important to have that regular income source as a gambler because if you don't then be rest assured that you will definitely get bankrupt soon gambling, because gambling alone can take much from you and aswell also give much to you on your lucky days so it's more like ba two way thing that you really need to be careful with

A few gamblers who easily get addicted are mainly because they are probably reliant on gambling proceed and have almost little to nothing to fall back at. The advantages of regular income as stated by you are very correct and true because some of the reasons some gamblers behave the way they do is because they don't have the means the will fall back at after loosing that which they had so this makes their desperation increase and they make impulsive decision and picks, they even chase losses if they experience any and they gradually become addicted even when they will still think they're not.

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Quote from: Cryptoprincess101 on February 02, 2024, 05:46:16 PM

Having a regular income is good for everyone but for a gambler, it tends to even draw them more closer and become addicted because since the income is coming at regular intervals, the gambler would feel he can actually win on several attempts thereby he can even spend most of his money in gambling with the hope that he would still receive another income within a short while and since he is very sure of his income he might gamble carelessly with the mindset that after all his income will surely come. So even while having a steady source of income, a gambler needs to learn how to manage his funds and not allow his gambling to take the most part of his life then only can he be at peace and play in a responsible manner.

It's possible that certain people who have extra money are more likely to be tempted to gamble in search of thrills or enjoyment. However, not all gamblers go on to become addicted. Although motivation varies, I believe that having a steady income generally lowers the danger of excessive gambling. Of course, maintaining balance, establishing boundaries, being aware, and making sure that gambling stays a controlled and pleasurable hobby rather than leading to hazardous actions are all part of being a responsible gambler. In other words, if you compare not having a regular income to having one, you will find that the lack of a regular income makes you more likely to chase losses because you will run out of money and your credit status may be compromised by any debts you take on from your debtors. On the other side, there's a chance that having a reliable source of income will encourage them to spend their money more sensibly, including when it comes to gambling.

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Having a regular income is good for everyone but for a gambler, it tends to even draw them more closer and become addicted because since the income is coming at regular intervals, the gambler would feel he can actually win on several attempts thereby he can even spend most of his money in gambling with the hope that he would still receive another income within a short while and since he is very sure of his income he might gamble carelessly with the mindset that after all his income will surely come. So even while having a steady source of income, a gambler needs to learn how to manage his funds and not allow his gambling to take the most part of his life then only can he be at peace and play in a responsible manner.

NeilLostBitCoin

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Quote from: o48o on February 02, 2024, 05:30:29 PM

For sure, but this is a weird thread. As it isn't really a gambler issue. This is a life-issue. Anyone, not only gambler shoud have steady income. Otherwise how can they plan ahead? How could they provide food and clothes or a rood over their head for their children. Not to mention if you need to gamble. If you don't have steady income, hardcore gambling should be furthest thing from your mind. Focus on getting a job, or any sort of secure income. Plan for the future and get an education.

I think the main point of OP is to highlight the issue of gamblers who continue to pursue their gambling habits even when they have no source of income or steady employment. This is a highly problematic situation, not only for their own financial stability but also for their family.

Quote from: o48o on February 02, 2024, 05:30:29 PM

Only reason i can think of, for someone thinking they wouldn't need steady income is that they still live with their parents and get their food served and clothes bought. So they could play all their pocket allowance money.

It is possible, however, If they are already an adult and living with their parents, it is embarrassing to rely on the parents for someone when they can find a source of income and contribute to the family's daily needs.

o48o

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Quote from: Richbased on January 28, 2024, 10:44:44 AM

Gambling though is a risky game that the chances of winning and losing is in equilibrium but however in other for one to have a possibility of winning, it requires a steady income.

Having a steady and regular income is very important as a gambler because it would enable you to scrap out money you should use for gambling, feeding, taking care of yourself and family and other miscellaneous.

A gambler who has a steady and regular income can have the possibility of winning because his gambling habit can not affect his personal obligations as a man even if he's an addict because being addicted to gambling doesn't actually implies that one will eventually stake all his money on bets but rather someone who plays gambling frequently. By having a steady income, he can take care of other life responsibilities without being affected by his gambling activities and moreover, someone who have a stable income can be aiming to win higher amount in his bets and might be lucky of winning one day and use the money to establish an investment.

Your thoughts on this

For sure, but this is a weird thread. As it isn't really a gambler issue. This is a life-issue. Anyone, not only gambler shoud have steady income. Otherwise how can they plan ahead? How could they provide food and clothes or a rood over their head for their children. Not to mention if you need to gamble. If you don't have steady income, hardcore gambling should be furthest thing from your mind. Focus on getting a job, or any sort of secure income. Plan for the future and get an education.

Only reason i can think of, for someone thinking they wouldn't need steady income is that they still live with their parents and get their food served and clothes bought. So they could play all their pocket allowance money.

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Quote from: danadc on February 01, 2024, 01:30:30 PM

Quote from: boyptc on February 01, 2024, 11:37:16 AM

Some slips that you've mentioned can happen to a gambler but as a responsible one, you will remember that times like those might come to you. And if you're caught off guard with that, you know the consequences that you're going to face.

But the point of importance having a regular income is to help yourself recover easy. Because times like you've lost money and you can't just help yourself recovering it by gambling again, you can just simply step out and recover through your steady income.

Being in a casino and having confidence in yourself is not bad, it is good, but what you should be careful about is that you should not be too confident with your money, if we enter a casino with things very clear, with the money that we are going to spend and not go beyond that because we can have many freedoms, but not losing control of that, if we lose control of those things then everything will change, the confidence if we are safe people, I am more than sure that No one can take that trust away from us.

Confidence in a person has to have its limits and the primary limit is money, if we have the limit well set with money, we will not worry about things being bad and harmful to us, our health and our integrity, there is Many people lose control and everything goes wrong, that's something we should not fall for, so we have overconfidence.

I agree, you shouldn't be too confident that you are stable. You gamble not for stability and desires that you want to have but whatever is your reasons, you need to be careful at most times.

Your confidence might be gone too soon when you're not careful. Every gamblers know that but when the actual thing comes to them for having that confidence, they can't measure the scenario that they'll be in like having to pull that much money and for them just to gamble all of it.

Shishir99

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Quote from: irhact on February 01, 2024, 06:06:22 PM

As you're gambling, you need to know that you can't win always, no individual is that lucky therefore you need a source of income to support you when you're not wining so you don't get desperate and do things that you weren't suppose to do so you can gamble responsible and not get addicted. Having a steady sources of income provides you with enough resources for enjoying gambling as a form of entertainment.

You are not going to hurt yourself an your business as long as you take gambling as entertainment and you have full control over yourself. But, the fun fact is, people say they gamble for fun but the reality is they don't. Over 90% of people gamble with the hope that they will win the money and what if they hit the jackpot? They say they do not care about it too much but you will notice the frustration when they lose the money.

People only gamble to win and with the hope that they will hit something big. It's not like they don't know that they are going to lose the money, still they wait till the last spin and expect to hit the jackpot. The quote "Gamble for fun" is made up by the casino owners. There is nothing like this.

ethereumhunter

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Having a regular income can help ensure that you're gambling responsibly. If you rely solely on gambling for income, it can lead to financial instability and potential problems with debt if you experience losses. A regular income can provide a safety net and reduce the temptation to chase losses or make impulsive decisions and also, Gambling inherently involves risks, and there's no guarantee of consistent or predictable returns. Relying solely on gambling for income is generally considered risky and not advisable. A regular income from other sources, such as a job or business, can provide stability and financial security, reducing the reliance on gambling as a primary income

Having a fixed income does not guarantee that someone can gamble responsibly. If he does not have good self-control, he will end up spending all his regular income on gambling because he will think that he has more money than his regular income for gambling. He may experience greater temptation to continue his gambling because, with his steady income, he is only looking at larger amounts of money than usual. He may also forget about allocating funds for other needs in his life and will use all his money to gamble. The important thing is that they must have self-control if they want to gamble so that no matter how much money they have, they can still control themselves so they don't lose a lot.

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Quote from: irhact on February 01, 2024, 06:06:22 PM

Quote from: Richbased on January 28, 2024, 10:44:44 AM

Gambling though is a risky game that the chances of winning and losing is in equilibrium but however in other for one to have a possibility of winning, it requires a steady income.

Having a steady and regular income is very important as a gambler because it would enable you to scrap out money you should use for gambling, feeding, taking care of yourself and family and other miscellaneous.

Having a steady income helps you to enjoy gambling more than when you don't have a steady income and you're relying on gambling to make money. When you're gambling alway to make money you can become addicted easily as you'll be chasing after your losses unknowingly or intentionally. Chasing losses makes you have the wrong mindset of gambling and it begins a part of your game. Over gambling and over spending also become a habit which makes you become an irresponsible gambler.

As you're gambling, you need to know that you can't win always, no individual is that lucky therefore you need a source of income to support you when you're not wining so you don't get desperate and do things that you weren't suppose to do so you can gamble responsible and not get addicted. Having a steady sources of income provides you with enough resources for enjoying gambling as a form of entertainment.

I completely agree with your gambling and income views. Being aware of a safety net while walking a tightrope makes the experience more fun and less stressful. My own experiences and interactions with others show that gambling with a consistent income makes it a leisure activity rather than a desperate attempt to make ends meet. Gambling is for fun, not need.

As you noted, chasing losses is dangerous. Too many people fall into that rut, thinking their next wager would be their big break. It rarely is. Gambling for fun keeps you in the game. A steady salary lets you enjoy the pleasure without financial stress.

Maintaining a consistent income helps promote responsible gambling. Setting and maintaining boundaries is key. Gambling should be fun, not expensive. Cheers to playing the game with a consistent paycheck. Its the smartest gamble.

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Quote from: Richbased on February 01, 2024, 01:27:33 PM

Quote from: arjunmujay on February 01, 2024, 02:44:41 AM

It's human nature to only want what's good. just want to earn more money by gambling. Don't even think anymore about financial management for family needs. and usually in cases like this, they only depend on their gambling earnings and don't even work seriously to get better money or at least cover their losses.

Yeah sure, regardless of the fact that gamblers loses most of the time but their intentions is always geared towards winning regardless of having fun in the quest of gambling but most gamblers still wishes for the fun to be crowned with winning. If someone doesn't have a steady income how can he be able to gamble and still take care of his family? Even if one earns from gambling they can't be dependent on it because they actually do other jobs that fetches them money so even if they lose, they still have where to get funds to continue gambling.

That's right, I totally agree with this.
lack of financial management is also the cause of defeat which leads to frustration because you lose all your money, even money that is supposed to support your family.

It still happens a lot to novice gamblers who use all their money and even their family's needs to gamble. they are not able to manage risks well. If they only use a small portion of their income, their family's needs will be safe, gambling will continue.

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Quote from: Richbased on January 28, 2024, 10:44:44 AM

Gambling though is a risky game that the chances of winning and losing is in equilibrium but however in other for one to have a possibility of winning, it requires a steady income.

Income has never had an effect on how you win or lose, the only bearing it has its the ability of funding your account should you lose and not giving you some kind of good luck...

Quote from: Richbased on January 28, 2024, 10:44:44 AM

Having a steady and regular income is very important as a gambler because it would enable you to scrap out money you should use for gambling, feeding, taking care of yourself and family and other miscellaneous.

If you are going to have fun from gambling using funds coming from your employment, better set a budget to avoid mishaps that could happen that come with chasing losses etc.

Quote from: Richbased on January 28, 2024, 10:44:44 AM

A gambler who has a steady and regular income can have the possibility of winning because his gambling habit can not affect his personal obligations as a man even if he's an addict because being addicted to gambling doesn't actually implies that one will eventually stake all his money on bets but rather someone who plays gambling frequently. By having a steady income, he can take care of other life responsibilities without being affected by his gambling activities and moreover, someone who have a stable income can be aiming to win higher amount in his bets and might be lucky of winning one day and use the money to establish an investment.

Your thoughts on this

Mate you make this sound like having a steady income brings good luck to the point of painting a picture that even if you gamble there is no way you can lose.. which is wrong!!

Btw, aiming to win higher means two things , wagering high for huge/small profits or wagering low for high risk bets which means every option here has an element of high risk.

Just a reminder, Rule number one of gambling, gamble with money you can afford to lose... this rule here helps you not to use funds intended for other responsibilities!!

irhact

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Quote from: Richbased on January 28, 2024, 10:44:44 AM

Gambling though is a risky game that the chances of winning and losing is in equilibrium but however in other for one to have a possibility of winning, it requires a steady income.

Having a steady and regular income is very important as a gambler because it would enable you to scrap out money you should use for gambling, feeding, taking care of yourself and family and other miscellaneous.

Having a steady income helps you to enjoy gambling more than when you don't have a steady income and you're relying on gambling to make money. When you're gambling alway to make money you can become addicted easily as you'll be chasing after your losses unknowingly or intentionally. Chasing losses makes you have the wrong mindset of gambling and it begins a part of your game. Over gambling and over spending also become a habit which makes you become an irresponsible gambler.

As you're gambling, you need to know that you can't win always, no individual is that lucky therefore you need a source of income to support you when you're not wining so you don't get desperate and do things that you weren't suppose to do so you can gamble responsible and not get addicted. Having a steady sources of income provides you with enough resources for enjoying gambling as a form of entertainment.

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Quote from: danadc on February 01, 2024, 01:30:30 PM

Being in a casino and having confidence in yourself is not bad, it is good, but what you should be careful about is that you should not be too confident with your money, if we enter a casino with things very clear, with the money that we are going to spend and not go beyond that because we can have many freedoms, but not losing control of that, if we lose control of those things then everything will change, the confidence if we are safe people, I am more than sure that No one can take that trust away from us.

Confidence in a person has to have its limits and the primary limit is money, if we have the limit well set with money, we will not worry about things being bad and harmful to us, our health and our integrity, there is Many people lose control and everything goes wrong, that's something we should not fall for, so we have overconfidence.

The casino game was fully based on the self confidence,because the gamblers will get that confidence after making the solid profit in the gambling site.The gamblers will get over excited by the winning money,the important one in the casino was gamblers need to withdraw immediately after the winning money.The gamblers who keep playing the game with the huge money winning will leads to the loss of same money.The gamblers should take the right time to withdraw the funds from the gambling sites.If any gamblers who want to win the big money,he need to play with the strategy which can crack the algorithm of the gambling site.

Stable090

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Quote from: Richbased on January 28, 2024, 10:44:44 AM

Gambling though is a risky game that the chances of winning and losing is in equilibrium but however in other for one to have a possibility of winning, it requires a steady income.

If you don’t even have a steady income, how will you be able to gamble? You need money before you can gamble. Let’s assume you are just making money and it’s not frequent. How will you gamble with the little amount you are having when you don’t even know when you will be getting more money? So you shouldn’t risk the little amount you are having. But when you have a steady source of income, you will be able to plan yourself and have a specific amount that you will allocate for gambling. If you don’t have a steady income, I don’t recommend people like that gamble.

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Quote from: Richbased on January 28, 2024, 10:44:44 AM

A gambler who has a steady and regular income can have the possibility of winning because his gambling habit can not affect his personal obligations as a man even if he's an addict because being addicted to gambling doesn't actually implies that one will eventually stake all his money on bets but rather someone who plays gambling frequently.

A frequent gambler is different from a gambling addict. One of the distinctions is that a gambling addict can't control the urge to gamble while a frequent gambler often gambles but he still has control over his gambling activity.

From that, I disagree with your point that being a gambling addict does not imply he will eventually stake out all his money, remember a gambling addict has no control over his gambling activity, having no control over how much he can wager simply implies that there is a huge chance that he will exhaust his finance in gambling.

Quote from: Richbased on January 28, 2024, 10:44:44 AM

By having a steady income, he can take care of other life responsibilities without being affected by his gambling activities and moreover, someone who have a stable income can be aiming to win higher amount in his bets and might be lucky of winning one day and use the money to establish an investment.

Your thoughts on this

As long as a gambler is not addicted to gambling, I agree that he can take care of other life responsibilities and about the chance of winning, I believe it has nothing to do with having a steady income although it is true that gamblers who have steady income can afford to bet higher amount.

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Quote from: boyptc on February 01, 2024, 11:37:16 AM

Quote from: asyakashi on February 01, 2024, 10:55:26 AM

being too self-confident might be bad, you should be more careful, even if you already have a steady income so as not to ignore the dangers of gambling, maybe now we are comfortable gambling with discipline, sometimes the temptation to gamble cannot be avoided when we are emotional, stay careful

Some slips that you've mentioned can happen to a gambler but as a responsible one, you will remember that times like those might come to you. And if you're caught off guard with that, you know the consequences that you're going to face.

But the point of importance having a regular income is to help yourself recover easy. Because times like you've lost money and you can't just help yourself recovering it by gambling again, you can just simply step out and recover through your steady income.

Being in a casino and having confidence in yourself is not bad, it is good, but what you should be careful about is that you should not be too confident with your money, if we enter a casino with things very clear, with the money that we are going to spend and not go beyond that because we can have many freedoms, but not losing control of that, if we lose control of those things then everything will change, the confidence if we are safe people, I am more than sure that No one can take that trust away from us.

Confidence in a person has to have its limits and the primary limit is money, if we have the limit well set with money, we will not worry about things being bad and harmful to us, our health and our integrity, there is Many people lose control and everything goes wrong, that's something we should not fall for, so we have overconfidence.

Richbased

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Quote from: chaser15 on January 31, 2024, 06:08:17 PM

Quote from: Richbased on January 28, 2024, 10:44:44 AM

A gambler who has a steady and regular income can have the possibility of winning because his gambling habit can not affect his personal obligations as a man even if he's an addict because being addicted to gambling doesn't actually implies that one will eventually stake all his money on bets but rather someone who plays gambling frequently. By having a steady income, he can take care of other life responsibilities without being affected by his gambling activities and moreover, someone who have a stable income can be aiming to win higher amount in his bets and might be lucky of winning one day and use the money to establish an investment.

I have to disagree with that mindset, buddy. Even if a person is well-financially stable, it doesn't mean they have the upper edge over those average gamblers in terms of not turning into a worse gambler because they have a better bankroll and can still afford to cover their spending outside gambling.

Without proper bankroll management, even how large the bankroll is, it will turn into a wrecked one. Let's just make it simple, anyone has the chance of always winning in the long run regardless of how financially stable they are as long as keeping themselves as disciplined and responsible gambler.

No don't get me wrong, the area am emphasizing on the aspect of being financially steady is that even while you are gambling, you can still take care of other things even if you are an addict unlike someone who is not financially stable, any money they get they spend it on gambling without checking if other life obligations like providing for the family have been taken care of.

Yeah improper management of bankroll can lead to loss of funds but however let the bankroll be there so that the gambler wouldn't go borrowing in the course of gambling at least the funds is gotten from him so anyhow he wishes to go about it, it's his own brunt to bear.

Quote from: arjunmujay on February 01, 2024, 02:44:41 AM

It's human nature to only want what's good. just want to earn more money by gambling. Don't even think anymore about financial management for family needs. and usually in cases like this, they only depend on their gambling earnings and don't even work seriously to get better money or at least cover their losses.

Yeah sure, regardless of the fact that gamblers loses most of the time but their intentions is always geared towards winning regardless of having fun in the quest of gambling but most gamblers still wishes for the fun to be crowned with winning. If someone doesn't have a steady income how can he be able to gamble and still take care of his family? Even if one earns from gambling they can't be dependent on it because they actually do other jobs that fetches them money so even if they lose, they still have where to get funds to continue gambling.

Topic: Having a regular/steady income is important as a gambler. - page 11. (Read 2811 times)