Topic: Pay off DEBT by do Gambling? think again before you loss more - page 5. (Read 1981 times)

It is not easy to win a huge amount of money from gambling; at least we have to get really lucky to achieve it. No doubt, with courage, perseverance, and a strong determination to take the risk, we can break that impossibility. But it is important to remember that it is a game, where the winning chance will be less than the losing rate. Thus, always considering the risks before plunging into such activities is essential.

When it comes to using borrowed money for gambling, it is strongly advised to abstain from such practice as it will surely lead one into the world of misfortune and a myriad of complications. This isn’t about a cat and a mouse but a snake pit where one gets into deep darkness and loses their way forever.
In order to prevent the adverse effects of reckless gambling, we should have the capacity to manage these activity correctly. When it is considered that all forms of gambling can lead you down a dark path, disrupting your life and financial equilibrium, it would be best if you opt out.

Being rich and successful is subjective. For some they feel rich already if they have a couple of dollars. It also makes them feel successful because they achieved this kind of target. Then there's these people who thinks they are rich because they are free from problems. One of the activity they use to enjoy is gambling. Like my first example, this can also be considered as a kind of success.

An extra money is still part of our hard-earned money and many of us started with that but eventually we still go beyond our limits. So, it wasn't really about the amounts that we use but it's about our mental state. we need to follow practices that can improve it.

Instead on making money, they would rather lose it all and make the situation even more worst considering that they would really be needing to repay the loan that they did make. This is why it would really be always that best that they should really be that thinking up responsibly on the actions that they are thinking. Who would really be on their right minds that they would really be taking
up some loan just for them to gamble on which they didnt really be able to think up about the potential risks that they could be able to experience?
It would really be just making the situation getting more worst and this is something that those people would really be that needing to realize for themselves
on whats good and bad for them.Its not really that hard to determine imho.

When it comes to making money from gambling, people make a big mistake in thinking they can make money from gambling more often than they would like. They can make money from gambling, but they will also experience losses that may be bigger than their wins. So they should not think about making money from gambling to pay off their debts because they may suffer more losses.

People who can get the jackpot will not get it too often. Usually, after they get the jackpot, they will experience defeat if they continue gambling so they can spend all their money, even with their winnings. If someone gets the jackpot, they should be able to stop themselves for a while and, enjoy their winnings and reduce tension after winning. But never try to make money from gambling to meet daily needs or to pay debts because that will make you lose a lot of money.

This has to be one of the most common ways to lose money as well, people keep talking about how they are going to end up making money from it but we all know that mathematically it is impossible for someone to make money forever, even if you get some money quickly by getting a very lucky win, that just means that you are going to end up losing it all back if you keep gambling.

There are situations where people get super lucky, like get the jackpot, and those are lucky but those are one in a million and there is no way that we know you are going to be one of those people and you will probably end up losing it. This is why it should be important that we are checking what we are looking at, and we should find some other way to pay the debt off.

If there are gamblers that happen to become successful with gambling all of a sudden, that's okay and if they're expecting that but it did happen. That's cool.

But I agree to you that it shouldn't be thought that someone's going to be successful with that. I know that many of us really want to be successful with our bets and as we gamble, using it as a way to pay off your debt. You can do better than that.

It's okay to allocate some funds too from your salary as long as it is not gonna hurt your pocket.

Luck of winning thread is something that is going to help one to make money in gambling. Once we understand how to bet and understand the kind of bet that will keep giving us money, we could keep winning for long without any loses. Gambling is fun and getting loan to play bets can be a safe ground for those that have good strategies to make money in gambling. We don't need to depend on bets to pay off our debt. The hood gamblers can take severe risks and make money from gambling but if a mere gambler try such pattern, thing might backfire and everything might become lose. We can pay off debt through gambling, that's for those that are very good.

The fact is that, we all know this and we all care about it, and that means we are going to end up with a return that will not be all that crazy, it will make sure that we are going to end up with a good return one way or another. It should not be all that crazy to handle, and we could make that work.

I believe that if people keep thinking like that, then they are going to end up with a result that should not be all that crazy to see, it would need to be something that should considered to be a little different, and I believe that if we are not going to get anything major, then I would say it is going to be a little different situation. I hope that people could see that as the difference and the biggest win point to people.

Honestly I have never found or just heard rumors about gamblers who managed to get rich from their gambling activities, I really wouldn't believe it even if someone said it because if we look again at the facts about gambling it is really not possible for anyone to get rich from their gambling involvement, The reason is because after all gambling is nothing more than a game of chance where the casino only provides "chances or possibilities" for gamblers, meaning there is a chance for you to win and there is also a possibility for anyone to end up losing, one of these two results will be the answer to every session you do.

In addition, there is absolutely no certainty for anyone to win at the end of the session, and in fact it is more likely to lose, because it is difficult to get a lucky streak in gambling which is the reason why this activity cannot be used as a place to work or a place to earn, it is too impossible and too risky. Honestly, I would only believe that you can get rich in gambling if you are basically a bookie who owns your own casino. Therefore, don't even think about earning in gambling because the fact is that you will experience more disappointment at the end of the session.

Yes, that's right, because as they win, it makes them forget to stop their gambling activities, so they intend to get even bigger wins. But apparently, it's not what they imagined, so they slowly experience loss, which, if they don't realize it, will only waste their money, even all their money, including the winnings they got. They will no longer be able to enjoy the winnings because it has all been used for gambling and has even been lost in gambling. When they can win from gambling, they should be able to stop gambling and leave gambling while taking the winnings with them. But because greed got the best of them, they lost all their money and could not pay their debts. They will be chased by people who lent them money because they don't pay their debts, so they have to work very hard to have money to pay their debts. But if they still intend to pay their debts through gambling, they will experience difficulties because gambling is not for making money and is just for fun. They will only become frustrated because they cannot win, so they will return to gambling to be able to win the gambling game. But they will still find it difficult to win big because gambling will not allow them to make money easily.

We should not make gambling as a tool to get rich or become successful because most likely it won't happen unless you are lucky enough to hit something big on it. That is why it is highly recommended to gamble with just extra money so we won't end up losing our hard earned money and our savigs or investments.

This is the mistake when you make gambling as an alternative to making money with the aim of paying off debts, what will happen is just the opposite, as experienced by the person you mean where instead of getting money but instead losing money and certainly cannot pay debts. As you said, gambling is not a job because there is no certainty for anyone to be able to win, and that means it really doesn't make sense to make gambling a place to earn, especially if your needs are urgent such as paying debts or other things.

On the other hand, this incident can be used as an example that it is indeed a fact that gambling cannot be used as a place to earn considering that there is absolutely no guarantee or certainty that can make you win at the end of the session, and what happens instead is that the situation will get worse where you lose some money and of course you will feel unusual pressure due to the urgent situation of debt plus losing money from gambling. Gambling should be a fun activity to occupy your leisure time without placing any expectations on winning because it is not easy to get lucky.

just by virtue of having had good luck before, a gambler tries to find a budget to gamble again by borrowing money from other people with the assumption that he will get lucky again, whereas luck will only come once in a few times or even only come once in a lifetime.
so luck or previous winnings should not be considered as a benchmark for daring to seek a loan to gamble again and such an assumption is very ridiculous to me.

maybe in the past I have experienced the things you describe but now I realize that gambling is a risky place and it is not good if we are too confident in hoping we can win again the next day and always consider wisely when we want to borrow money just to gamble is a very big risk and is not recommended for anyone.

Your friend lost his money because he was very much in need of the money and didn't know that gambling is not a good job for one to look for money over there.
You can gamble but don't get in a hurry to win because you want to pay bills. This is a good example that shows that a gambler should not gamble because he has bills urgently, by doing this you will lose like your friend. It's better to pay with the little money you have than to gamble with the ones you have. When your gamble recklessly you will also lose recklessly. When you are not financial capable of something you have to wait until the money comes.

My friend... consolidating loans to pay off debt, seldom work...because you simply enable the person to make more debt, because you are creating more disposeable money that can be used to make more loans. ( Never borrow more money to try to reduce debt)

People try to get a quick solution for their financial problems, by gambling and hoping for a big win... this almost never happen... and puts them in a worst position.

Your friend's story serves as a warning or lesson about risk of using gambling to solve money problems. He could have think of other options like getting a loan, selling things he owns that he don't use, or even find an extra work to pay off his debts. It's important to make smart choices especially when facing tough times with money.

When desperate a person can take a decision they may not have taken under normal circumstances, and this is an example of this, however what we do not know, since you do not specify it on your post, is why your friend was having problems paying their mortgage?

That is the core issue here, did they gambled that money away as well? Experimented some kind of emergency and were left without any funds? Or did they bought a house that was outside of their ability to pay? Because depending on what caused such an emergency the solution needed to solve the problem should be different.

Once that you do have that kind of confidence that has been built up then you would really be having that kind of behavior on which it would really be that making yourself that persevering on trying out to achieve something on what you do have in mind. On this case on which we are seeing about that paying up a DEBT via doing gambling on which this is really just that a suicide thing or something that you cant really be able to make yourself that able to achieve. This is why it would really be that best that you should be having that kind of realistic approach about on things in regarding risks and other things. No one on their right minds that they would be making use gambling as a financial solution into their current problems when it comes to money on which it cant really be taken up if we do speak about the danger that it do have.

If you've been thinking up this way then better stop, you are really just that making things more worst and something that it wont really be that recommended on doing so.
If you've been decided to go ahead then good luck! Dont cry out if you are in a condition which you have put up yourself into so much trouble or problem.

   When people starts putting unnecessary pressure on their self they tend to make irrational decisions that can cause them, and when their actions goes against them, that self- realization can lead to depression especially when you’re out of option. Gambling is not something we should put hope on or be a resort one should have. This games are programmed to eat out money, we should always remember that we can’t beat the house no matter how much is being won, the money  will be given back to house if you don’t step back from it. Nothing good comes out from gambling just so you know.
   I won’t even support lending money to someone for gambling, that’s is not a wise move in my own opinion, no matter how close you are with the person, you are even doing good for the person. It’s better the person get the loan and then add it to the little one he has to make up for the rent than to blow it up on gambling that is not even sure. We need to start making smart decisions and don’t be carried away with what we see online. Not every thing you see in the net is true. A lot of people are misguided by what they see on the internet thereby putting themselves in unnecessary pressure. Slow hustle is still hustle if we don’t know no matter how slow the hustle might be as long we ain’t giving up it will surely click one day.

That is due to their previous winnings making them too proud to try another game and it turns out they are not lucky at that time. However, during that time, they can't easily stop as they have a goal of paying their debts. They will continue their game and end up losing all the money they have. That's why many people who gamble feel lucky when they win some money. They often fail to realize that their luck may not continue in the next round, and they should stop gambling immediately. If they continue gambling, they may end up losing all their money and being unable to pay their debts. This always happens if they keep gambling after winning, only to experience a big loss that costs them all their winnings. Such a situation is likely to leave them feeling frustrated and regretful because they had the opportunity to stop gambling but didn't take it. Sadly, once they lose all their money, they won't be able to continue gambling, even if they wish to do so. It's crucial to understand that previous winnings shouldn't make one overconfident to try another game, as it may turn out that luck is not on their side this time. Therefore, gambling to pay off debts is not advisable.it is not advisable to gamble to pay your debt.