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Topic: Is gambling a waste of time and money? (Read 151 times)

sr. member
Activity: 994
Merit: 314
Generally in gambling one should used gambling for very little moment. So that a gambler cannot become addicted to gambling. For those who are not addicted to gambling, it cannot be called a waste of time because they will not gamble at such a time that it will disrupt their daily work. However, for those who are involved in gambling without playing a game of knowledge for a specific time, gambling will create a big problem. For them, on the one hand, there is a possibility of wasting time and on the other hand, there is a possibility of financial loss. The main thing here is that everything will depend on the perspective from which the gambler will take his gambling. Will he gamble only for financial income or be satisfied with whatever he wins or loses from his gambling.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
Now my question is, does it mean responsible gamblers never wasted their time and money when they are gambling? Then how about those losses that they have incurred, when they can use it to add to their emergency funds?
In order to become responsible gamblers they must have commited mistakes along the way like everyone else who got experienced in something. Therefore, they must have wasted their money and time until finally learning with their bad moves. However, if they are responsible gamblers right now, it means they aren't going to waste resources anymore like they did in previous times. Maybe in one or another gambling session they may surpass their personal limits a little bit, but nothing with real potential to damage their finances and personal life on long term.

What happens is that sometimes we are so stressed that we need an extra dosage of entertainment to relax and feel good. When that is the case, and when it happens sporadically, it can be positive for the gambler. It's just necessary to be careful to not turn this practice into a routine.
legendary
Activity: 2562
Merit: 1119
regarding people saying "gambling is a waste of time", they have some point(but I am sure that is not the point they are trying to make), I mean, it is a waste of time if you are going to gamble impulsively, you are also fixing yourself into becoming a gambling addict if gambling impulsively is your normal behavior when gambling.

Now my question is, does it mean responsible gamblers never wasted their time and money when they are gambling?
basically yeah, responsible gambler, knows what they are doing, know the risk they are taking and usually gamble money they can afford to lose.

Then how about those losses that they have incurred, when they can use it to add to their emergency funds?
This can be said for a lot of activities that require you to spend money. it is a weak argument to use if you ask me.
sr. member
Activity: 434
Merit: 253
Trust the process, imbibe consistency
People say gambling is a waste of time and money. That's the reason why as much as possible people are not encourage to take gambling. However, my point is, it could be a waste if you are an irresponsible gambler. You are gambling on your funds that should be paid on bills, or you are using your emergency funds. Or worst, you are gambling when you don't have the knowledge even the basics in  gambling. Now my question is, does it mean responsible gamblers never wasted their time and money when they are gambling? Then how about those losses that they have incurred, when they can use it to add to their emergency funds?
Gambling is a waste of money for those who lack discipline or who are propelled by greed. It is not a waste of money for everybody because there are people actually making genuine income from gambling and that is the reason the gambling industry keeps growing on all fronts. If people were merely wasting their money, I don't think we would see such high growth and interest in gambling. Gambling companies even sponsor major events to show that the business is making huge impact in many sectors. One thing unique about gambling is that if you focus on developing a winning system and enjoy some measure of luck, you will succeed and be among those who enjoy gambling and not wasting money.
hero member
Activity: 1302
Merit: 561
Leading Crypto Sports Betting & Casino Platform
And I will verify this that is true that gambling is a place to waste money and time, and you just realized today? You are aware of it.
Basically gambling is an entertainment venue and usually the entertainment place takes time and also takes money and you must understand this from the beginning of gambling, it is the price that needs to be paid to get fun in gambling.


Fortunately, for the fun gamblers they're the only set of players who will understand your last line. The casino is not a place to find money but to pay for gaining entertainment. When a player doesn't fix this in his thoughts before gaming, they'll assume their funds is wasted in the casino. It's just like paying for a hotel bill to catch fun, would that be considered a waste of time and money?
full member
Activity: 644
Merit: 202
People say gambling is a waste of time and money. That's the reason why as much as possible people are not encourage to take gambling. However, my point is, it could be a waste if you are an irresponsible gambler. You are gambling on your funds that should be paid on bills, or you are using your emergency funds. Or worst, you are gambling when you don't have the knowledge even the basics in  gambling. Now my question is, does it mean responsible gamblers never wasted their time and money when they are gambling? Then how about those losses that they have incurred, when they can use it to add to their emergency funds?
For those who gamble without knowledge or gamble irresponsibly, of course they will waste time, money, relatives and even careers, maybe more dangerously, become criminals if they are addicted. But for those who gamble responsibly, of course they don't waste time and money. Because their mindset for gambling is different, they gamble just to have fun and relieve stress, even about their finances they are aware from the start that they are gambling with money that is ready to be lost. So actually gambling can be a waste of time and money, it really depends on each individual. Gambling is not a way to get rich quick, gambling is for fun, this is the mindset that every gambler must instill in order to become a responsible gambler.
full member
Activity: 208
Merit: 125
People say gambling is a waste of time and money. That's the reason why as much as possible people are not encourage to take gambling. However, my point is, it could be a waste if you are an irresponsible gambler. You are gambling on your funds that should be paid on bills, or you are using your emergency funds. Or worst, you are gambling when you don't have the knowledge even the basics in  gambling. Now my question is, does it mean responsible gamblers never wasted their time and money when they are gambling? Then how about those losses that they have incurred, when they can use it to add to their emergency funds?


If you're not a responsible gambler maybe you have been losing your Hard earned Money in gambling, definitely you will see it as a waste of time. you know in life whatever thing you're doing that requires puting your hard earned Money in it let's say you have been doing it more often and you couldn't even get any profit from that very thing you're doing at this point it becomes a waste of time. This is why I always tell people that if you know you can't control your emotions don't even think of venturing into gambling. Reason is because this set of people don't give up maybe after losing they will always want to chase after their lost sometimes after using the money they have in hand to gamble they can decide to touch the one in their bank account, this is why most gamblers find it very difficult to make savings.
hero member
Activity: 1778
Merit: 907
The bolded part is where most people make the mistake when gambling. They 100% know in their heads that the sports team they are about to bet a house on is going to win, but then that team that they were so confident in loses and they are now ready to commit suicide.

People aren't considering the fact that sports can be rigged, injuries can happen, a guy can get ejected from the game, or whatever. You're not factoring in random bs. SO why risk big? Keep betting small and growing your money slowly, if you lose then you still have money left to rebuild from that loss.
Rigged matches certainly happen, but I'm not that knowledgeable to know much details. There are multiple times that the match I was considering "safe" doesn't have the outcome I was anticipating, and sometimes it's ridiculous too. I remember it was a match where Olympiakos lost to Panserraikos, in the Greek Super League. There's no way in hell they lost to Panserraikos, unless it was fixed, or all of their players had a brainfreeze for the whole match.

I usually bet on the weekends, from Friday to Sunday, I can afford betting on more matches or with higher amounts, or both, however, I don't want to be bashing my head when I lose, because it'll happen eventually, and it would suck losing $100's when this money could have gone for the electricity bills etc. Playing on the safer side is much better, and more entertaining, you have peace of mind.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
People say gambling is a waste of time and money. That's the reason why as much as possible people are not encourage to take gambling. However, my point is, it could be a waste if you are an irresponsible gambler. You are gambling on your funds that should be paid on bills, or you are using your emergency funds. Or worst, you are gambling when you don't have the knowledge even the basics in  gambling. Now my question is, does it mean responsible gamblers never wasted their time and money when they are gambling? Then how about those losses that they have incurred, when they can use it to add to their emergency funds?

It all depends on your perspective and how you take things. You don't have to be practical at all times.
Talking about responsible gamblers, if they are gambling then it means that they already have an emergency fund in place.
In that case, why would they deposit more in their emergency fund while they can use some spare cash to fulfill their wish to gamble.
If they are indeed having fun while gambling it contributes to their happy life.
So yeah, gambling is not a waste of time and money for responsible gamblers.
legendary
Activity: 3234
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
People say gambling is a waste of time and money. That's the reason why as much as possible people are not encourage to take gambling. However, my point is, it could be a waste if you are an irresponsible gambler. You are gambling on your funds that should be paid on bills, or you are using your emergency funds. Or worst, you are gambling when you don't have the knowledge even the basics in  gambling. Now my question is, does it mean responsible gamblers never wasted their time and money when they are gambling? Then how about those losses that they have incurred, when they can use it to add to their emergency funds?

When people buy plane tickets, pay for hotels and go sightseeing, aren't they wasting time and money? Will the money they spent when buying plane tickets come back? The answer is obvious: the money people used to buy plane tickets will not come back, the money people spend to pay for TV to watch movies will not come back, when people buy beers the money will not come back, people use the money to have fun and gambling is a form of entertainment and not an investment. In other words, taking $100 to buy beer and taking $100 to play at a casino should be seen in the same way. When a person takes $100 to buy beer, they know that the $100 will not come back, so they should look at gambling in the same way.
hero member
Activity: 1246
Merit: 699
people who have never gambled or seen gambling bad might say something like that. gambling in the eyes of some people is more of an activity that has a negative impact.
but for those who have gambled and can control their gambling, may not feel that they are wasting their money and time just to get pleasure from gambling games. As long as we allocate less of what we get to gamble, then there will be no pressure for the time and money we use to gamble.
hero member
Activity: 882
Merit: 581
People say gambling is a waste of time and money. That's the reason why as much as possible people are not encourage to take gambling. However, my point is, it could be a waste if you are an irresponsible gambler. You are gambling on your funds that should be paid on bills, or you are using your emergency funds. Or worst, you are gambling when you don't have the knowledge even the basics in  gambling. Now my question is, does it mean responsible gamblers never wasted their time and money when they are gambling? Then how about those losses that they have incurred, when they can use it to add to their emergency funds?

The truth is that if someone have not be having winning from gambling or have not won from gambling before, I believe they will view it as waste of money and time but as for those who have lucky before and won big amount of money from gambling and also those gamblers that due win time to time they will not view it and waste of money and time because people are achieving their aim or they have achieved their aim before from gambling .so for me i feel gambling is not waste of time and waste of money because I won some reasonable amount of money from gambling before and I do won some little amount time to time. But truth is that anything someone is doing and it not seeing good results of it definitely it will be waste of time and the others resources someone is using for that particular thing.
legendary
Activity: 3850
Merit: 4674
Contact @yahoo62278 on telegram for marketing
You're not wasting money and time on something that satisfies you; it's similar to watching a concert; you feel alive, and feeling the joy is priceless; it adds years to your life; responsible gamblers don't mind spending and losing as long as they enjoy the experience.
And its not always losing; there are times that you could win some money, and that money you could use for another session.
If you're looking at an indirect answer, this is the most correct. It's something you enjoy, but ultimately costs money, like pretty much everything in this world, then why should we consider it a waste of time and money? The direct answer, provided that we don't take into account if we enjoy it or it satisfies us, it's a complete waste of both.

As yahoo62278 already mentioned, if you're wasting trivial amounts of money in which your livelihood depend on, or it's your savings/college fund etc. you name it, then you're a complete moron. If however, you're spending a small fraction of your salary, which you can afford to spend, then I don't see an issue.
The bolded part is where most people make the mistake when gambling. They 100% know in their heads that the sports team they are about to bet a house on is going to win, but then that team that they were so confident in loses and they are now ready to commit suicide.

People aren't considering the fact that sports can be rigged, injuries can happen, a guy can get ejected from the game, or whatever. You're not factoring in random bs. SO why risk big? Keep betting small and growing your money slowly, if you lose then you still have money left to rebuild from that loss.
full member
Activity: 504
Merit: 170
Gambling in a disorderly manner is a waste of money and time. Gambling requires you to look at unnecessary money and free time. If you ignore these, you may lose everything, money and time.

Disciplined gambling may not be a waste of money and time. Gambling with small amounts of money in your free time can give you peace of mind even if you do not win, which is important for a person. Controlled and disciplined gambling is not a waste of money and time.
So many people take gambling as a waste of money and energy, but as for me, gambling is not a waste, because that's where a lot of people benefit in terms of putting food on their table; but the only thing that I didn't want in gambling is that I don't want anything that can make gambling become addictive to me, because it is very dangerous at times when gambling becomes addictive for a person.

Furthermore, another meaning of gambling is that it is very important for anyone who has an interest in gambling should not allow themselves to become addicted, because at that moment it will be out of control.
hero member
Activity: 1778
Merit: 907
You're not wasting money and time on something that satisfies you; it's similar to watching a concert; you feel alive, and feeling the joy is priceless; it adds years to your life; responsible gamblers don't mind spending and losing as long as they enjoy the experience.
And its not always losing; there are times that you could win some money, and that money you could use for another session.
If you're looking at an indirect answer, this is the most correct. It's something you enjoy, but ultimately costs money, like pretty much everything in this world, then why should we consider it a waste of time and money? The direct answer, provided that we don't take into account if we enjoy it or it satisfies us, it's a complete waste of both.

As yahoo62278 already mentioned, if you're wasting trivial amounts of money in which your livelihood depend on, or it's your savings/college fund etc. you name it, then you're a complete moron. If however, you're spending a small fraction of your salary, which you can afford to spend, then I don't see an issue.
hero member
Activity: 1974
Merit: 539
Leading Crypto Sports Betting & Casino Platform
People say gambling is a waste of time and money.

Yes, I think gambling is a waste of time and money. Gambling isn't a shortcut way to earn more or be rich overnight. It's one type of trap to lose people's vast money or property. If a person continues to invest in gambling then at a time later he will lose all of the money one by one. The first time he earns a little more amount then he will addicted and invest a large amount of money that is most important for him but he will lose all of the money then he is determined to earn money here. This concept is wrong for him, and another way to debt from another person or friend money to invest there and lose everything. As a result, he will be a thief or bigger without any property.

Gambling  is a waste of time and money when we consider it as a means to get rich or find success from it ,  but if we consider it as a means of entertainment or responsible gambling then it cannot be called a waste. It can be said that it all depends on our behavior, do not blame gambling or anything if we lose all our money just because of greed, because of our ignorance.

Gambling , investing, trading...are just means and the results will depend on how we use them , don't blame them when we don't get the desired results . There are many investors , traders who lose money and even go bankrupt, should they blame investing and trading for wasting their time and money ? Or is it their ignorance and greed that causes it ?
hero member
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Bitcoin = Financial freedom
Gambling is entertainment so yeah it will be considered as waste of money for those who can't get the idea of it. We can compare it with buying tickets for a concert or cinema and yeah it is a waste of time and money right? Still, people love it and why those critics never blame those especially media for many reasons including the religion. It is there to guide the people but when it becomes extreme belief people just see it as taboo and the trend keeps on continuing for centuries while the media and others considered as taboo in the past becomes a normal thing now.
legendary
Activity: 3850
Merit: 4674
Contact @yahoo62278 on telegram for marketing
People say gambling is a waste of time and money. That's the reason why as much as possible people are not encourage to take gambling. However, my point is, it could be a waste if you are an irresponsible gambler. You are gambling on your funds that should be paid on bills, or you are using your emergency funds. Or worst, you are gambling when you don't have the knowledge even the basics in  gambling. Now my question is, does it mean responsible gamblers never wasted their time and money when they are gambling? Then how about those losses that they have incurred, when they can use it to add to their emergency funds?
If you are gambling your bill money, rent money, kids college fund, or something else along those lines then you're basically a moron. You have taken entertainment and turned it into addiction. You don't have to be betting a house everytime you want to gamble.

As far as a waste of time, if you are doing it in small increments to have fun with extra money, how are you wasting time? You may not win much, but you don't lose much either. Just how I look at it.
hero member
Activity: 3024
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Leading Crypto Sports Betting & Casino Platform
Now my question is, does it mean responsible gamblers never wasted their time and money when they are gambling? Then how about those losses that they have incurred, when they can use it to add to their emergency funds?
You're not wasting money and time on something that satisfies you; it's similar to watching a concert; you feel alive, and feeling the joy is priceless; it adds years to your life; responsible gamblers don't mind spending and losing as long as they enjoy the experience.
And its not always losing; there are times that you could win some money, and that money you could use for another session.
hero member
Activity: 2450
Merit: 948
Metawin.com - Truly the best casino ever
People say gambling is a waste of time and money. That's the reason why as much as possible people are not encourage to take gambling. However, my point is, it could be a waste if you are an irresponsible gambler. You are gambling on your funds that should be paid on bills, or you are using your emergency funds. Or worst, you are gambling when you don't have the knowledge even the basics in  gambling. Now my question is, does it mean responsible gamblers never wasted their time and money when they are gambling? Then how about those losses that they have incurred, when they can use it to add to their emergency funds?
It's a waste of time and money for some but a form of entertainment for others. I've heard many times that playing football, playing video games and overall, fun activities are a waste of time but I don't agree with them because many people have turned their hobbies and entertainment into a very profitable business.

If you are an irresponsible gambler, then gambling can be a waste of time, money and health. If you are a responsible gambler and you want to have fun after a stressful workday, then there is nothing wrong with gambling, it's not a waste of time if it helps you with mental stress. I personally have fun when I gamble and gambling helped me during my stressful days. For me, it wasn't a waste of time but a huge relief.
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