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Topic: Is gambling a waste of time and money? - page 2. (Read 575 times)

legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
January 11, 2025, 03:44:57 PM
#56
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 doesn't make any difference and can ruin it all, the reason though is that most knowledgeable people know where to play first and know what games have their chances to win for them and rarely you will see such persons making heavy lost amounts of money. The problem is with impulsive gamblers that just go and watch some sponsored streamer hitting a huge win and immediately they want to emulate the same success, it is here where the catch is, you simply can't achieve the same success because simply don't have the money compared to a streamer which many different casinos may favor with real money in order to promote them. So people who spend money they cannot afford to lose like those mentioned from you in this thread are gamblers with not much experience or they are believing in fishy dreams.
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
January 11, 2025, 03:34:26 PM
#55
Gambling is not for everyone. Anyone who says it's a waste of time and money, that's why they don't gamble. Let them be. It's a thing of choice.

If they consider it a waste of time and money, then that's what it is to them. We all gamble for different purposes: some for the sake of killing time and getting themselves busy, while some for their reason is to make a profit. Whichever reason someone is playing gambling for is on them, and that will define how the person will look at gambling.

Correct, I also believe gambling is not for everyone; in the same sense we could argue playing videogames is not everyone as there will be people out there who could also argue videogames are a loss of time and also money.
Those who decide not to gamble because they only perceive it as a potential loss, are likely to be biased because other's negative experiences on online casinos or betting houses. It is easier to keep yourself far away from gambling when someone within your own family has lost a significant amount of money and you witnessed all of it.

Whatever the case, to each their own, when it is about entertainment and what to do with our money, I guess.
sr. member
Activity: 630
Merit: 277
January 11, 2025, 03:32:07 PM
#54
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 anyone tells me that gambling is a waste of time to him, I won't argue with him because that's his own truth base on his personal experience. Not everyone enjoys gambling as a fun activity, infact many people who gamble are only gambling for the financial benefits they will get from it and if they are not seeing any positive results from gambling, then it's okay for them to see gambling as a waste of time and money.

It is even safer for these set of people to realise and admit to themselves that they've been wasting their time and money all along, instead lying to themselves, chasing and accumulating losses. Everyone has different gambling experiences. While some have good things to say about gambling, others might really be wasting their time and money.
sr. member
Activity: 840
Merit: 437
January 11, 2025, 03:28:42 PM
#53
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.

In life do you know that we all have our various desirability's or choices to make, sometime we may not have to agree with what other people want or say, instead try as much to understand what the actual fact is about that particular thing, if you have your own money and wish to gamble, then go for it, if you know about gambling, then gambling responsibly, if you're a newbie, learn to know about gambling, because its all about having fun.
sr. member
Activity: 728
Merit: 415
January 11, 2025, 03:19:52 PM
#52
Gambling is not for everyone. Anyone who says it's a waste of time and money, that's why they don't gamble. Let them be. It's a thing of choice.

If they consider it a waste of time and money, then that's what it is to them. We all gamble for different purposes: some for the sake of killing time and getting themselves busy, while some for their reason is to make a profit. Whichever reason someone is playing gambling for is on them, and that will define how the person will look at gambling.
legendary
Activity: 2324
Merit: 1384
Fully Regulated Crypto Casino
January 11, 2025, 02:29:40 PM
#51
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.
Indeed its a waste of money since most user sare losing in gambling. Time? Depend if you have free time and you allocate it on relaxing on some casino on your free time why not. Being there means you have the resources to go there, but if you are there hoping to earn money from it then thats pure gambling, that could be the downfall or worst lead you in bankruptcy of your personal fund.
hero member
Activity: 1834
Merit: 879
Rollbit.com ⚔️Crypto Futures
January 11, 2025, 02:27:28 PM
#50
It's easy to say gambling I'd a waste of money and time when you are on the losing side, but when you find yourself milking the casinos 🎰  you will say it's worth every second you spend on these platforms!

So personally I will say we have have different experiences and outcomes..otherwise people go gambling for different reasons,  like socializing with friends,  trying to unwind after a tough day at work..so basically some people don't play for the money but time away from their usual stuff..
legendary
Activity: 2576
Merit: 1981
Leading Crypto Sports Betting & Casino Platform
January 11, 2025, 02:26:59 PM
#49
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?

Obviously, gambling is a waste of time and money, but that is the whole point of entertainment. Going to the cinema/restaurant/traveling to another country/spending money and time on a hobby, etc. is all a waste if you think about it from the point of view that a person should not relax/have fun. Gambling is one of the types of entertainment, if someone abuses this entertainment and spends all his money on gambling, it means that the problem is only in the person himself and not in gambling.
sr. member
Activity: 294
Merit: 433
HODL - BTC
January 11, 2025, 02:20:35 PM
#48
Gamblers will actually budget money that they are ready to lose, when they lose they will not consider this a big loss because they have said so from the beginning... there is also an emergency fund, doesn't someone have to prepare an emergency fund in advance? So it's wrong to not have an emergency fund but prefer to gamble.
legendary
Activity: 1820
Merit: 2700
Crypto Swap Exchange
January 11, 2025, 02:09:01 PM
#47
Well, that depends on how you approach gambling.  If you gamble responsibly - only betting what you can afford to lose and not letting it take over your life - then no, it's not necessarily a waste and  you budget for that entertainment expense knowing the odds are against you.  Though sure, even responsible gamblers lose sometimes.  That's just how it goes.  But if you stay disciplined those losses don't have to hurt too bad or cause problems. 

But if you gamble too much or chase losses, then yeah, it can definitely become a wasteful addiction.  Some folks just cant control themselves when it comes to gambling.  It'll get them all excited and they end up spending way more money and time than they ever intended.  So it comes down to knowing yourself and gambling within reason.  Do that and it can be an enjoyable diversion.  Take it too far and it becomes an issue.
sr. member
Activity: 560
Merit: 377
Let love lead
January 11, 2025, 01:57:53 PM
#46
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?
People are always advised to gamble responsibly and stake with amounts they can afford to lose. It's always proper for gamblers to make do with at most 5% of their earnings. Every responsible gambler always takes out bills to settle his congent needs first before reasoning gambling, responsibility isn't only gambling specific, people waste money on drinking, clubbing and other frivolities, so gambling is just one of those ways people spend their money tho keep themselves happy or for relaxation. So in a nutshell, gambling isn't a waste of money, at least for responsible gamblers, they gamble for fun and relaxation or even a way of catching up with friends.

hero member
Activity: 1400
Merit: 674
January 11, 2025, 01:46:52 PM
#45
This is the same as gambling without any purpose, those who do not have a purpose in their gambling can be considered just wasting time and also throwing away their money for nothing, if they are still considered to have a purpose in their gambling then it can be considered not wasting time and throwing away money, because it is not an empty space in their gambling activities, losing and winning are risks that must be taken by people who have a purpose in gambling. LOL
full member
Activity: 252
Merit: 57
Wheel of Whales 🐳
January 11, 2025, 01:43:31 PM
#44
As far as I know gambling itself can never be a waste of time, it's just the way most of us gamble that made them to see it as a waste of time. If you gamble responsibly you would enjoy gambling. However, I think it's essential for us to always gamble what we can afford to lose because most of us always see gambling as a place to make quick money without realizing the risks involved, and which is coursing them more addiction. because they always chase after their losses. Without remembrem that gambling is a game of luck.
full member
Activity: 294
Merit: 178
Top Crypto Casino
January 11, 2025, 01:33:50 PM
#43
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 isn't a waste of time and money, because gambling is just an alternate way for entertainment, as long as he/she keeps the limitation. So, I don't agree with the statement of wasting, and agree with you about the irresponsible gambler who hasn't self-limitation and it's included about money management, if he/she is irresponsbile gambler so it's a waste, included times and money. So the point is be a responsible gambler.
sr. member
Activity: 476
Merit: 337
January 11, 2025, 01:25:57 PM
#42
Actually, I believe that a responsible gambler who sets his or her budgets for gambling understand that gamble is a form of entertainments and not a means of generating wealth. However, as a responsible gambler you really need to manage the risks you take in gambling by risking what you can afford to lose at tye moment. Actually, it doesn't mean that when you are gambling for entertainment you will be happy while you are losing. But since you have understand the risk in gamble and you have set a budget with the amount you can afford to lose, then I am sure it won't affect you even though you lose. The important thing is that as a gambler you must not include emotions while you are gambling if not you will be tempted to chase your lose.
sr. member
Activity: 2632
Merit: 259
January 11, 2025, 01:10:54 PM
#41
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.
Exactly why you should only go gambling if you have some extra money otherwise you should forget it because yes you will be wasting your money since you have unpaid bills. But if you have extra and you can use some for a hobby then I don’t see anything wrong with putting that extra money to gambling.
Quote
Now my question is, does it mean responsible gamblers never wasted their time and money when they are gambling?
For sure we have. Sometimes we may have gotten a bit too carried away and spent a little too much time and money than we first intended but as long as it doesn’t get too far then I believe it will be fine.
hero member
Activity: 854
Merit: 554
Leading Crypto Sports Betting & Casino Platform
January 11, 2025, 01:00:08 PM
#40
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?

Responsible or programmed gamblers as the names imply, they are players that gamble responsibly or players that programs the way they gamble, operating on personal listed rules that keeps them from over gambling and wasting useful times on gambling.

Gambling can only waste your time if you are gambling during times or period that you would have spend on more meaningful things such as work or business.

Losses are inevitable in gambling but when you spend the amount of money that you can afford to lose, then you are not wasting your money on gambling, because you are still putting the money into a good use on other things apart from gambling.

A responsible gambler doesn't use emergency funds to gamble.
hero member
Activity: 882
Merit: 501
January 11, 2025, 12:58:28 PM
#39
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.

IMO they are discouraged because they know 1. the level of addiction that gambling can cause, and 2. because they believe that they will never win. Why spend my time and money on something so risky and dangerous?

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 isn't about knowledge or responsibility, it's for fun. Everything can be dangerous if you cross the lines and from fun/hobby can turn into a self-destructive thing. Especially, if it's highly addictive as gambling. Not to mention that everything is related and connected with time and money. Even if you are sleeping... Wink
sr. member
Activity: 994
Merit: 314
January 11, 2025, 11:59:24 AM
#38
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. 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
January 11, 2025, 11:17:06 AM
#37
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.
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