Topic: Outcomes of insighting gambling for a source of income. - page 2. (Read 819 times)

But before people think like that, they should be able to think about the risks first so they can estimate the consequences that will happen to them. Many people don't think about it and just go straight to gambling. They think they can win easily from gambling when they don't.

Yes, I agree to start a side job or create a business that can provide an opportunity to earn money. That would be better than trying to chase the jackpot. We also don't know when we can get it but we can get more losses. Losing is a risk that we have to face when playing gambling.

But it seemed like it was too late because his friend had a loan that he had to pay back immediately. This is the result of what he did. Hopefully, he can realize his mistake and won't repeat it in the future.

While gambling can be a tempting escape, especially when times are tough, it's like playing Russian roulette with your wallet. Sure, winning big might be a life-changer, but the odds are stacked against you like a deck of cards with all the aces missing.

Instead of hoping for a lucky streak, imagine building your wealth like a boss. Think starting a side hustle, learning new skills, or even that cool business idea you've been sketching on napkins. It might not be an instant jackpot, but it's way more sustainable than chasing quick wins at the casino.

Sure, your friend might have gotten unlucky and lost their business dough gambling. But hey, desperation can make even the smartest cats do crazy things. Instead of judging, let's just say they learned a hard lesson about responsible finances.

Like you, I worry about gambling with restricted funds. After crossing it, financial mayhem ensues. 'Doubling' money through gambling is a dangerous illusion. Determining the difference between a planned risk and a reckless gamble requires discipline.

In gambling, friendships are crucial. Good friends guide us back when we stray. Unfortunately, the wrong crowd can obscure our judgement and make the undesirable seem harmless. Considering how easily we can be misled is sobering. Strength comes from self-control and allies. Picking the right staff is as important as our resolve in gambling.

I find it funny when friends hide things from their friends, not knowing that their friends already know what they are doing but have decided to keep mute towards them to allow them to wallow in themselves.

This boils on to why are your friends not bold enough to let you know that they are into gambling than discussing it another way around. Are they not above 18 years of age or have you in the past cautioned them about their gambling addiction that makes them not feel proud to say it in front of you? I am asking this because, it is only those who know what they are doing is so wrong, to depend on gambling as a source of income but they refuse to accept the truth that what they are doing is wrong, they continue doing it instead.

That's the same result that those that placed hope in gambling always experience "needing medical attention". Now the family of the guy are the ones to spend and take care of their father and son.

Funny enough, that gambling has become a way to expand business for some people(poor mentality). The majority of people refuse to learn that gambling is never the way for one to expand their business.

Very big enough to start up a lucrative business. Every business must not start up in a big way if your friend thinks that $1000 is small money. You start up your business in a small way, and later run it becomes to boom due to the little profits accumulated.

You shouldn’t indicate the exact amount to avoid focusing the discussion on the amount since we have different cost of living and the majority of country even on 3rd world country requires 1000$ to start a lucrative business.

But I agree that the focus of this topic should be on decision making which a friend of your done because this is indeed one of a clear sign of gambling addiction because he clearly use money that he can’t afford to lose. Maybe you should remove the exact amount on the OP because it will surely create confusion and doubt if you attached it to “lucrative” business.

I feel sorry for such people, those who are very stupid, thinking that Lady Fortune will dump her winnings on them, after which they don’t have to work for the rest of their lives. Why did people decide that they could add up their capital suddenly and immediately? And how long will they have to endure until the lessons are learned?
A good rule of thumb is to pay yourself first. What does it mean? You should leave some of your earnings. If you spend money left and right, you will not be able to exaggerate your capital. Especially when playing games of chance, where the amount of random winnings will always be small compared to the number of losses that avid gamblers receive.
How many people do we know who live off their winnings? But there are many more of those who fall into the pit.

So if this guy could afford the money he wouldn't go borrowing it. That was the resultant of his emotions being unable to withstand the lost. So let's not look at how little or how big the lost fund was.

Why not? $1000 or nothing, which one is better? Some people want the best at the beginning of their journey, but they failed to understand that you have to start from somewhere, I never had anything when I started making money from crypto, if anyone has $1000 I will advice them to start the business still, you don't have to get the whole money to start, time is running out.

If I start with nothing and become something then anything is possible, but if you believe that it's not possible with $1000 then it will remain the same for him, he became what he believes.

In my own space right now, I would invest the $1000 in a good crypto project, because this could turn $10,000 in a few months time, like how I invested in a A.I project that turned into $5,740 this morning, and all I invested was $350, this is a big gain already, imagine I invested a thousand dollars.

Losing is an expected aspect of gambling which to me there's nothing wrong in experiencing losing as a gambler. The losses and winnings must interact but it's more adored to have more winnings than losses. What I don't subscribe to is using money not meant for gambling to gamble, it's a risk not worth giving into, using a business money in gambling under the auspices of doubling it is just another form of irresponsibility and lack of objectivity to the person.

The worst set of friends to have are those friends that can't put you on track when you're falling off from it and when you have those sets of people as gambling friends be rest assured you will run out of finances recklessly and they would make you feel you're still doing alright at it when conspicuously within you you feeling something isn't just right but their company makes it all appear right.

You can asks you friend what he is doing. if that is gambling, you should advice him not to continue his gambling activity because that can make his life in a mess. You can tell that he will difficult to win much money from gambling because gambling is not a source of income or a job that can give him an income. Yes, people can win from gambling but the matter is not many people can win a lot of money from gambling. If he can realize his mistake and want to fix it, you must help him and stay besides him to support him. Maybe he is not yet being addicted but who knows. But he already borrowed some fund so he needs to repay the fund before he can decide what he needs to do. But don't start from gambling because that is not a good idea.

If you really care to your friend, then give them a piece of advice that never ever borrow money just to gamble because it will turn them having a big problem if ever they didn't manage theirself.
If a person end up taking their life, surely that they are having worst and depressing time and that's sad to know.
so it's better that while it's still early, we can prevent the things that can happen so that it doesn't lead to such an event like suicide.

This is just a normal act done by most gamblers, some of them are jobless people without a source of income, they have refuse to change and I'm sure your friend will go back to gambling but I think he needs a little advice never to borrow money for a higher expectation, this is very bad and most people can end up taking their life if the money is so huge.
What's the point taking loan to gamble and besides gambling is unpredictable so how sure to the extend of borrowing money.

your friend seems to have the wrong mindset in understanding how gambling works and engaging in excessive gambling activities causes him to experience big losses when the money he was going to use to open a business ends up being lost in gambling.
It is very clear that gambling is only about winning or losing, but the chance of losing is greater than winning because gambling is built to provide profits for gambling owners, not to give money to customers.
events like this are what make gambling look bad in the eyes of other people out there, whereas gambling actually doesn't have any problems as long as you are able to take responsibility for all the risks you will get by betting with the cold money you have and not betting when you don't have any money left but a wrong understanding of gambling makes a bettor lose a lot of money and makes gambling's reputation bad in the world's view.

your friend may now feel very regretful and feel very sad after losing a lot of money after having too much hope in gambling, but in this way your friend gets a very valuable lesson not to make mistakes again and think that gambling just a place to try your luck with numbers small.

Sometimes I wounder what people think gambling is. Gambling is not a business, it is just a game to try luck or some people may say gambling is for fun. Gambling should not be a top priority of making a fortune but a way of just trying luck which does not need to spend a lot of money on it but spending less amount which you can afford to lose. The $1000 is not a small amount of money in my country. That money can start a small scale business that can be yielding you money on a frequent basis.

I believe there are a few things one may take to approach gambling in a responsible manner. First and foremost, it's critical to establish boundaries for yourself regarding the amount of money and time you're ready to spend playing. It's also important to have a clear understanding of your motivation for gambling: are you doing it for fun or to reach a certain financial goal? Lastly, it's important to be aware of the warning signs of addiction and to know when to give up if you start to feel like you're losing control.

It can bring income and a large job system to many people but I think it is not a way to make money from gambling. But the house is the one who can do that and they exploit the players, and turn the players into money making tools. From the player's perspective, I have not seen many people who can claim that it is a job that generates income for them. The few people who can do that (very few).
And accepting that it is a way for us to satisfy our needs (of relaxation), gambling can be a serious problem, but with care and support from friends and family, gambling can be a serious problem. Your family and friends can get through it. Be patient and accompany him during the detoxification process and guide him to more positive activities.

A situation that is not really unusual. The possibility of gaining money is the main reason on why new/old gamblers are tempted to use their money in gambling. Then, if the outcome is not what they expected it to be, that's the moment they realized their mistakes.

There's nothing wrong if we try our luck in gambling. However, it is wrong to have a high expectation to win and worse if the funds you use are a borrowed money. A greedy gambler will likely end up like this. Sometimes you have to experience it yourself before learning a lesson. But of course much better to become aware of the worse case scenario before trying to use your money in gambling. Don't gamble hoping you can double your money in snap because that's not often the case.

And even worse we can't stop that kind of repetitive logic to ourselves and even to those closest to us who are in a position like that, I myself have experienced that kind of thing but I am quite grateful that I can change and not until everything is lost from what I have achieved in this world.

They think they will get rich quickly or at least have the capital to start a business from gambling with small capital but they mistakenly think that gambling can do it, in fact it is just a hope and you will regret it, it's that simple to destroy a fool and the casino takes away his wealth.

That's not how they see it, the real mistake is from the fact that they're seeing gambling as a way to multiply their money and that they don't see anything wrong with it despite the inherent risks that are accompanying gambling ever since, I do feel like the reason that people are still considering this kind of thing as a way to make themselves some steady income is because they're too lazy or they just don't like working their bones doing something that actually contributes to the society and to themselves, that's probably a really sad thing if you ask me, they don't like the idea of working for someone but they will gladly lose their money to another individual because they think that they can win money from them and this people still think that the risk is fair when it's not in the first place. To everyone that's considering to do this, make sure that you don't got a family to feed because gambling to make a steady income is a disaster waiting to happen.

Gambling has a lot of glamor attached to it as well as a scent that attracts most of the people who are desperate for financial gain, exactly as many people imply, the shortest path with the least amount of effort and time, even turning around a situation that cannot be solved by ordinary efforts but sadly, that's just the ideal image molded from the participants. This is originally a forest for those who are lost, searching deeply only to be hit with indistinguishable illusions, paralyzing a correct perception, it's not a place to restore, it's a place to rot