Topic: [Poll]what is the right warning to say to someone who gambles/invests all he has (Read 797 times)

I am glad for you that you are out. btw you cant be an alt of a MP owner! think twice

ok if you cant answer without attacking so lets see what BS you are writing here. my english is not best but yours seems to be even worse

you have 40$ you can afford to lose! so lose it and have fun! did I say or the most used sentence by casino owners "dont gamble more than you can afford to lose" that you should not gamble the 40$? point me to it? as you can afford 40$ to lose you are fine to gamble the 40$ (win or lose). that is healthy gambling!

now lets take your BS

Why don't you take my example?
please give me/us one!
Why it always has to be your example?
because I asked but you are welcome to give one to me/us
Why it has to be casino?
because we are in a gambling forum and to take a casino as an example makes a lot of sense here. but you are again welcome to give me/us other examples but please connected to the well known and famous "dont gamble/invest more than you can afford to lose"
Why not something else?
what else? a butcher shop? a supermarket? a Bank? etc give me/us some
Do you think when someone says investment it has to be investment in casino?
I didnt say that but as we are in a gambling forum I will take a casino as an example.
Does this topic has anything to do with moneypot?
as MP is a casino provider sure thing that it has also to do with MP. also MP owners should not invest more than they can afford to lose!  any problem with that? are you a co founder or co partner of MP and I missed it?
Why do you think people are not investing what they can't afford to lose when they are opening a casino(lets take brick and mortar casino for example, can we?)?
we all know that people are gambling more than they can afford to lose and Investing more than they can afford to lose and this is exactly the Poll. should they gamble/invest more than they can afford to lose? maybe you missed the topic
How much taxes they have to pay when they are opening casino?
hmm this looks like a slip of tongue or the question was unintentionally posted here.
Do they take loans for that?
loans to pay Taxes?
Are you 100% sure that not a single casino owner didn't invest money he can't afford to lose?
I am sure there are many and same for gamblers. as I said before it looks like you missed the topic or your english is to blame.

it was a pleasure to answer you

Why don't you take my example?
Why it always has to be your example?
Why it has to be casino?
Why not something else?
Do you think when someone says investment it has to be investment in casino?
Does this topic has anything to do with moneypot?
Why do you think people are not investing what they can't afford to lose when they are opening a casino(lets take brick and mortar casino for example, can we?)?
How much taxes they have to pay when they are opening casino?
Do they take loans for that?
Are you 100% sure that not a single casino owner didn't invest money he can't afford to lose?

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I can afford to lose 40$ today.

By your theory i shouldn't take risk and take loan from bank, open my own business because i can't afford to lose more than 40$? Nonsense.

as long you gave the correct advise you did yours and it is up to the player or Investor to do what he thinks is good for him.

It would be better to show to him some people who gamble and let him be the judge if he wanted to be something like that. Even if you are giving him some advice about diversification and invest only what you can afford to lose, he will not listen to it if he will not see it in reality what happen to people who gamble a lot. If he experience it himself that it can destroy his life risking the money he can't afford to lose then maybe he would have a realization of what he has done and solve his gambling addiction with willingness.

exactly the correct answer of this poll is what every casino OP and Investment company should have written on his site not to get complaints.


very wise


nice one and same if you shoot someone with a pistol you cant take the bullet back

thank you again for a great posting. please let me ask also you before I do a new poll

lets take the following example
Jackpotracer, Stunna, Dooglus RHavar etc who have a casino and invest all they own and even the last BTC in their casino and as we know there is always the chance the casino fails and need to be closed and they lose all. would this be acceptable and wise to do?

thx for the posting. yep it is different

but how about my question and example?

lets take the following example
I have a casino and invest all I own and even the last BTC in this casino. would this be acceptable and wise to do?

Pleasure Jackpot Racer !!

I also would like to add since some people here attack you for some silly reason, that yes their money and possession you have are yours but if you offer people an investment or you are a casino you should always keep reminding people not to gamble everything because actually it is the responsibility of the owner to keep reminding users to not be silly. Why ? Very simple. If you asking people for money or to gamble with their money you should always always give them no reason to come back and Complain. You must tell your users so often bit to be silly that there is no excuses they can use against you. It's for safety.

Because the casino or investment warned you to take care and you were prepared many times. Therefore there is no reason to complain in the first place.

Give your users no reason to complain by being totally honest from the start.

I would never ever invest money in anyone or anything that claims it's garanteed. This is crap. Tomorrow is not even garanteed since perhaps I die tomorrow ?

Every investment I made I took time with. I ibew the risks and I made my profits by being careful. Yes I have lost money but I made more then I lost so it's ok. Also never best yourself up for koaing money. You will lose you cannot always win. As long as you win more then you lose you dng just fine.

Take care guys. Think hard and take action slowly.

Like an engineer or wood worker will  always say. Measure 500x but cut only once.

Its different. If you want to borrow money from a bank and invest it in your business the bank needs to form of collerateral.

You can't just go to a bank and say you need $1 million because you want to open up a McDonalds. You will need some form of collerateal or at least have 50% down-payment, so the entire risk isn't up to the bank.

thx for the response. that is exactly what I wanted to see if users know that it is the main investing and gambling rule



yes many businesses taking a loan but the loan is secured. why are you saying such a risk is necessary? I agree every business is a risk and therefore the rule is not to invest more than you can afford to lose

lets take the following example
I have a casino and invest all I own and even the last BTC in this casino. would this be acceptable and wise to do?

thx

My vote goes to don't invest/gamble more than you can afford to lose, but this is something to discuss, answer is not so simple.
While I agree that for gambling everyone should fallow this rule, you can't apply it to every type of investment. Sometimes, if you want to invest you need to invest more money than you can afford to lose and take the risk.
Lets say you want to open a coffee bar and you need loan from bank for that - so you are investing in something you don't have enough money, you are taking a loan and risking money you can't afford to lose. Sometimes this kind of risks are necessary.

There is only one answer to that question and that answer is "Don't invest/gamble more than you can afford to lose".
It is one of the main investing and gambling rules, and some gambling sites have written in help how to be responsible gambler.

It actually depends on what you are invest on, but if you have really huge bankroll which you do not know what to do the only choice is to invest mkst of your money. But I can say you have another options if you want to take some risk to get more money and that is to gamble until get more than enough profit. I am sure people with such huge bankroll will never have any problem with it so I can say both will be the same only risk difference. That is only reason why most of them are hardly choose which one suits them better

I would propose you to do a poll with your opinion.

It's actually none of our business to tell such thing to others when they are gambling their own possession

what do you think how many will vote for your opinion or

Dont gamble/Invest more than you can afford to lose

It's actually none of our business to tell such thing to others when they are gambling their own possession. As a friend and family, we may suggest them a few times but at last it's on their own.

I agree with what stunna said here, since gambling should be something fun and just for entertainment then it should not rule your life and you should just gamble with money you can afford to lose.

That also means that the only option that is logically is the last option on the poll.

well said
yes the moment if someone is gambling or investing with all he has the feeling of fear will arise and the fun is gone

Are you being serious?
You think "best is to go all in", "invest/gamble all you have" , "sell your home and invest/gamble" are valid options for What is the right warning to say to someone who gambles all he has 


Ohh, okay
Still, though, that's not a valid option
There shouldn't be only 1 correct answer since such a plain sentence probably won't convince the gambler to stop
You'll have to hit him up with some facts and math and prove him why he's going to lose and why it's not worth it

Not invest or gamble more than you can afford to loss as all investment comes with risk and gambling is just too risky and you can loss all you have in just one roll.

Its better to just spend 10% of your income or less than that for entertainment purpose monthly, don't just spend all your income to get some fun.

IMO  a casino owner should warn every player with the standard saying

an Investment broker should warn all investors with the standard saying

a business owner who invests in his own business should know the standard saying and act accordingly

thx for posting your interesting opinion how you would handle it