Topic: Parents And Their Children In Gambling.. - page 18. (Read 9203 times)

What you said is correct and you have a point about that. I think Michael Jordan's son is a spoiled brat, and the father may not even know what

his son is doing, it may also be one of the influences of the friends his son has. But anyway, of course, Michael Jordan's son has his

understanding to know what is right or wrong no matter what he does, such as playing gambling like this and also seducing women.

I think it will depend on how parents can help manage expenses for their children so they can also know how to use their money properly and correctly. And if a child is already using a large amount of money and can't control it, he can spend a large amount in a month. Moreover, if he could use the money to gamble, we can't imagine how much he would use to get his pleasure. The other kids would probably be jealous that the rich kid could use his money to gamble when they couldn't.

If you have a lot of money and just want to make a chill and get entertained gambling casino is one of the best and effective way we know MJ is already rich and he can do all the things he want with his money and still there's an obligation by the parents to guide their children if they want to get into.the gambling at the same time.



In some parenting they do give allowance to their children and by that they are the one who will make a decision what they will do to their money and we have different culture and living so there's a chance they will support and just guide or just let their chold make a decision to themselves.

I doubt any parent would want their children to live in that kind of lifestyle and I have to agree with the others as i'd also point the blame on the parents because maybe Marcus was exposed to that type of lifestyle at an early age and was neglected by his parents.

I've never heard about that rule but I remember reading an article about children being affected by their parents' gambling activity. It's possible for one to take care of their own problems but it's not easy for everyone though so it's still best to have some help from your parents at an early age.

When children grow in a wealthy family some of the age restrictions are removed, even the way they grow will show they are not kids. Their parents allocates spendable money for them and they won't account for how they spent it. If someone is given money and given liberty to spend it, you will therefore not control how the person spends it. Also the money is there and looking for who will lavish it.
Tell me an underage who smashed 50k dollar per night, do you think he's looking for money? Maybe it's for fun and wait for another weekend to lavish another fund.

I'm sure they did it because they really have a lot of wealth. And the possible amount they have for gambling is the amount they can afford.
However, if they experience gambling addiction without being able to overcome it or manage it, won't this be dangerous? No matter how rich we are, if we continue to gamble without good management and analysis, this will make them lose and lose and lose a lot of money, right?
Therefore, whoever it is, whether rich or poor, when deciding to gamble, you should equip yourself and control yourself with very good financial and emotional management. ANd in this case, the role of parents is very important to lead their children to do whatever wisely.

I think people from the United States lives more liberally than the conservative countries.  What looks like a taboo to us may not be the case in the other country and is a natural thing to them.  Saying anything against the other when we have different cultures is a biased thing IMO. But what I got from the story is that the son of Michael Jordan, Marcus Jordan is very lucky to have a father that enables to support him with lots of money.  There is no doubt that there is a violation there but we know Money can make anyone who loves it turns blind.  


The thing is the father spends his own money while the son spends his father's money. So basically you cannot make that as an argument because it is Michael Jordan's right to spend his money anywhere he wanted while the child doesn't have any right to spend his father's money.  But on the other note, I do agree with you, the father couldn't say anything because the son can just retaliate that he is only doing what he see's in his father.

The parent is alwasy been a role model for children.  So anything the son saw on his father he tends to follow it because the son think that it is ok since his father does the same.  So as a parent, we should be responsible to our action and do things that can give our kids a sample of being responsible and obedient to the law.

^Or, they are just a rich family that they can afford whatever they want. Sometimes we always say here that gamble on what you can afford to lose, what if that amount the gamble is the amount that they can afford? Probably a billion dollars is the amount they can afford to gamble and lose in one day, so that is fine with them since we know Michael Jordan was a rich guy. About his son, probably that was a small amount for them. Now my concern is that this is not good to know that your kid gamble under age and spoiled them to spend money on their own, kids nowadays should know how to value money.

Well I know that every parent is free to raise their children as they want, I don't know what Michael's son does, but what he is doing is not good, it is something bad, the money he is spending I imagine belongs to his father , but even so I consider that he can spend what he wants and embarrass himself as long as the money is his own and that he has earned it to decide how to spend it, that is something very delicate, I think that he as a father should make it very clear things and not throw so much money at them with such irresponsibility, I think that the children of celebrities do not manage to give them a good life, they believe that if they give them everything, I know that wealth is to be shared with the family, especially the children, but neither like that.

If children tend to follow in the footsteps of their parents, it's natural but because the father is a gambler but I don't agree with involving children in gambling, maybe he is deliberately allowed to gamble to regenerate his father in the future. But whatever, I do not support the decision to involve children in gambling.

What do you expect from a son when his father is such a role model.

On one hand you should keep your children out of trouble, but it gets hard when you cannot keep yourself out of it and the child sees it. Like when the father parties every weekend it's hard to expect the son to be a quiet kid who doesn't want to do the same. It's a well known fact that when children are beaten by their parents they often beat their children later in life.
If you don't want your kids to be gamblers at least don't show them how you gamble. Keep them away from this life.

I agree that sometimes media affects the behavior of every young people, and with this case since MJ is very popular the news before about him was very disturbing. Well, parents also to blame here for being too careless when they are around with their Children, if they gamble with their Children most probably they are influencing the young mind to be the same and this is what happened here. If we really want a better life for our children, let’s guide them until they can make their own decision.

Exactly I don't really blame the child for blowing such an exorbitant amount in one night were his father lavished much more than that on gambling and drinking so the boy will follow in the father's footsteps, I don't know why some rich dads don't care about what they do before their kids and there by setting a bad example to the kids, knowing fully well that there are they children first role model and kids tend to follow the parent's footsteps.

It really on the parents and how they behave and how they treat the luxury that they have, Marcus like his father does not have high regard or give importance to money, they always think that they can earn that money anytime and celebrities like them are easy to get hooked to huge spending, Marcus have his father athleticism and competitiveness but he is trying to also imitate how he spends his money, people should learn on Bill Gates who always remember who is and where he comes from and always remembers his struggle so he values money and he uses it to help underprivileged.

That is why examples from parents are important in childrens' lives, because a parent is a mirror for his/her children. All the actions and behaviors a kid observes from his parents at home daily he is going to reproduce later when he grows up, especially if it's an example of success. In this situation, the son saw the father wasting money irresponsibly and without limits for many years, what didn't impact them financially negatively anyway, because they are wealthy. So, when he grew up, he did the same. But if this young had received an example of responsability and austerity from his father, he wouldn't waste 50,000$ like that in a single night of racket.

Considering they were a rich family, maybe it didn't bother them too much (about their finances). Regarding the children, it is certain that rules and regulations are important things to be told to all children, so that they understand all the consequences, both from a legal and ethical perspective. so when they do, they already know what will happen to them.

Ofcourse, One example is spoiled brats where they are getting spoiled starting when they are a kind until they fully developed their brains. They are problematic and parents of those spoiled brats are for sure regretting what they did. This is the same way on teens, Where the things will get dangerous since they have the capacity of doing really bad things and the power of money they have. A teen that is addicted on gambling is for sure bad knowing that the control that the teen has is pretty much lower than the adult one. Parent are still in blame, Though they will be the one who will mostly suffer from their neglected responsibilities.

Nothing will good when it is going out to its limits. No matter how big you are, if you leave children out of control from a young age, then in the future they will not only become a threat to his life, but it will affect the entire family.  We constantly hear in the news that the children of rich people are getting addicted to various bad sides. Many times we have heard the rule of parents being killed by addicted children.  So I think children should take care of these aspects from childhood.

Money is something needs to be spend but of course it should really be on the right way but since its their money and they do have the full rights on what they would gonna do then its none of our business.
Parents do raise up their children on different way.Some might be that too strict and some might be that too loose.Come to think that even we do monitor out our children then there's no way
that we could really see on what are the things that they've been doing.
If Michael is involved in gambling then most likely it would be ending up for those activities to be mimic out or to be followed by their children.You cant blame
them, they would definitely be doing up things basing up on what they do saw into their parents.

Well I know that every parent is free to raise their children as they want, I don't know what Michael's son does, but what he is doing is not good, it is something bad, the money he is spending I imagine belongs to his father , but even so I consider that he can spend what he wants and embarrass himself as long as the money is his own and that he has earned it to decide how to spend it, that is something very delicate, I think that he as a father should make it very clear things and not throw so much money at them with such irresponsibility, I think that the children of celebrities do not manage to give them a good life, they believe that if they give them everything, I know that wealth is to be shared with the family, especially the children, but neither like that.