Topic: Parents And Their Children In Gambling.. - page 15. (Read 9120 times)

Gambling is a personal interest which meant for people who like to play or bet.  Now if the Father was an addicted to gambling then the kids would follow up.

What you do regularly and sometimes you even send your children to do it for you and all those processes they are learning from it.  


Then peer influence. Those children that are out of control from their house or family are influenced by their friends outside. That is why parents are advised to know their children friends.  


Also social influence, the activities in the society also influenced children to deviate from the societal norms.

Yes, that's a concern when a child who is still a minor is affected by the environment. Because in this period of growth it will shape their morals and personality for the future. Not infrequently a child becomes good at lying when they are in a social circle that can be said to be bad. That is the beginning of their real destruction, we as parents will also not be able to control when they are really in that circle. But on the other hand limiting them excessively will make them behave worse than imagined. In this case we as parents play an important role in that growth period, we can limit them but with something that makes them comfortable.

The casinos have a bigger role to do than the family or government that made regulation for the underage not playing of gamble. The casinos can look for how to stop the young to register to play gamble. Strict role that is hard to break should come in even if app detector for under age. KYC this time is not only enough to stop it .

For us as we are in the middle stage we must teach our children to avoid gambling in the minor age because it will affect their lifestyle cause if they get addicted at in their young age then a lot of consequences will happen. But like Michael Jordan and his son situations as we all know that they are in super class stage which is not even a millionaire but a billionaire so we can not say that Michael Jordan can control his son interms of gamble because even his son can get a lot of money from their family.

Indeed. It is really illegal for minors to do gambling because they aren't on their legal age yet to decide on their own without the guidance of their parents or guardian. A minor needs proper guidance and help from the elders which is why most decisions in this age bracket still needs permission and consultation from their parents before they can actually be allowed to do it. In gambling, there is no exceptions. If you are a minor, then you shouldn't be betting and playing because most casinos, if not all, have it stated in their terms of service that a person must be 18 and above already before proceeding.

Some casinos even ask for KYC verification just to be sure that the person making an account is a real person and is of legal age already. Although this matter has been the center of a lot of debates here in forum since KYC means giving your personal information and therefore, defeats the purpose of anonymity that initially is fine with most casinos back then. KYC could really help alleviate the rise of percentage of youth gambling illegally, However, kids are also becoming more and more clever these days, so some are still able to bypass the security by making fake IDs or using other people's ID. Which means they should also step up their game and think of other ways how to really detect 18yrs old below gambling using various techniques.

But I still believe that it's also more of the parent's responsibility to discipline their child and the child as well to make the right choices if guided right.

Gambling is prohibited for minors in every country, even in countries where gambling and casinos are legal. But these days some casino owners don't take those things seriously. Many of them do not prefer KYC either. As a result, a minor can easily lose valuable assets in gambling due to his inexperience or other reasons. If there is no proper solution soon then children may become dis obedient in future which will never bring benefits to the society and the country. So minors must be kept away from gambling or casinos.

It is not ideal to make a gambling with your children because at the very young age they will reflect immediately that this kind of thing is normal and must need to do because they grow up to be part with of it, and also there's a possibility that someone can file a case for the child abuse because they are still under 18 and expose already in gambling but we have different life sometimes some of them already expose still it is ideal if the parents have a proper guidance with their children what are the basic right and wrong and make an explanation to them about this.

It is highly insane for a kid to was such a huge sum of the money just a night, this only portrays nothing but a wasteful lifestyle, and even though his dad is a highly influential personality and has a lot of money that doesn't warrant such a wasteful lifestyle a night clubs.

No one is saying the kid does not have the right but is it moral to act that way and what is the value of that lifestyle, I believe the kid's lifestyle is influenced by his dad's way and if you can see, the father spend bigger amount in clubs and gambling too.

Even though they have discipline, a person can slip and be tempted to gamble and we have seen that the amount of money he has to gamble is very large, even though he is a very rich man.
But at least, it would be better if they could hide the number of defeats from the public because as a famous athlete, some people look up to them as a role model.
Was that big loss a good example to show to the public?

His life could've been in different path, if he hadn't earned big. Life is all about the earning and based on the same will be their spending. What MJ have spend never hurts his lifestyle in any means, so is his son. Father and son into gambling, parallel to the same they're good with their respective profession as well as into their businesses. As said, it isn't possible to have parents that are right in all means followed by kids.

There's no such thing as a perfect parent to be a perfect example for being good as it would be followed by your kids.I've seen some parents which do mold or guide their kids on the right way or good path but still

ending up on messing up their lives due to their own decisions into their lives.Yes, nothing could really be controlled but showing off something good into your kids is mostly or likely to be followed by them.
We know that MJ is a known heavy gambler then its no surprise that his kids would really be going into the same path on that their Father is doing and since
they do have the money to spend and use then expect on what would be the result.

Parents should be a good example for their children. We know that the nature of a child is to imitate their parents. So, as parents act, children will surely try it too. As for this, the thing that must be done is to inform the child's awareness of the things or consequences that will occur if doing so (this can be related to any action that has consequences).

The biggest concern that comes to parents' minds is when their child is not in their control anymore, even a bad environment, makes the children become affected by it. so that apart from hiding my gambling from the children, I also try my best to direct them in choosing a circle of friends.
I still remember when I was in school there was a classmate of mine who was addicted to gambling and now he is a drug addict too, his future is really ruined because he had very weak self-control since childhood and his parents didn't teach him how to behave.

Michael is a athlete and we knew how disciplined they are to become a best basketball players of all time so how come that He may missed educating his Son?

though they are rich , yet there might be a reason for this gambling habit both of father and son.

surely he does, no doubt about that mate, and please never look for Michael not educating his son.
never let them see or find out what we are doing something we don't want them to be so they will never find interest to that thing we do.

Maybe they can make a lot of money from the company and are good at the business, but when it comes to gambling and he has already spent a lot of money, there is a good chance he will do it again, whether he will make it public or off the record.
And hopefully, they have a high responsibility and understand that playing gambling has a risk of losing money so they will not play gambling too often.
Yes, when money is not an issue, we tend to use it for less useful things but I don't think they will.
Maybe they had gambled at that moment simply because they wanted to release the tension they had previously felt and nothing would happen to them and their families.

Not at all mate , because majority of gamblers are not playing because they wanted to be entertained but instead to double their money and to find their luck.
easy said than Done mate, because when you start to gamble then it may follows excessiveness .
That's why they are called children , but the case will change once they reached adulthood .
Indeed, as parent? I always try to adequately support my children till they reached the adult age.

What is reflected in the story told by the OP about Michael Jordan and his son, is quite common in wealthy families and not only with respect to gambling, and that is that the father who went from poor to rich knows what it costs to earn the money even if he can squander it from time to time, but in a proportion he can afford. On the other hand, the son who is born in a rich family does not know what it costs to earn the money, he takes it for granted, and in many cases when the parents die they end up squandering all the patrimony and becoming poor. However, in this case it does not seem that it will be like that:


In this case, the story seems to have ended well, as Marcus has a net worth of $1.5M years after the event. It does not look like he is going to be ruined by gambling.

Gambling is not a good habit to transfer to our offspring. An adult might be able to control his gambling life but it might be very difficult for the younger ones to set boundaries or limits. Maybe Marcus Jordan learned gambling from his father Michael Jordan because children learn more from their parent's actions and not their words. Marcus tweeting the news is a clear indication that he was proud of his actions and feels he is doing the right thing. I guess he would be 31 this year and would be gambling in millions if he has not stopped. Parents should ensure they are worthy role models to their children because everything would do is perfect for them.

So many things are happening in the gambling world everyday that we might not know about which can look very disappointing or absurd to us but we gat nothing to do because that is not our money. What ever we like we can do with our funds which is why it is becoming an habit seeing gamblers using so much money to gamble all night and hire slots that will make their night.

That money is a big sum of money which is nothing to them because they have it in abundant which is the reason why we should always try our best to gamble with what we can afford to loss and not follow others in their pattern of gambling because it might become detrimental to us.

True,we shoudn't judge him because he wasted 5 Million Dollars in his gambling activity, Michael Jordan has the capacity to unload those 5 Million Dollars so we shouldn't judge him of negative things.  He is capable and wanted to have fun with the hard earned money he made, it is his right and we have no say on that.  Besides, Michael Jordan has not been recorded as a gambling addict so what he is doing is just having fun.

This article may tell us a story about Michael Jordan gambling journey [1]  and might also the reason why his son is also involved and spending huge money at an early age. 

Being a gambler is already in their Blood and we can see it on that article.

Though we might think differently on how we will raise our kids, and how we wanted to prevent them from engaging in gambling activities, Michael Jordan has his own way of dealing on his kid.  It is his Kids not ours so we don't have any say on how Michael Jordan should handle his family.

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[1] https://www.actionnetwork.com/nba/michael-jordan-betting-stories-the-last-dance