Running household expenses with gambling - page 2.

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Quote from: Oshosondy on August 04, 2022, 05:43:33 AM

Running household expenses with gambling? That should be considered foolish. Gambling should not be taken as a means of earning money, you have to depend on job or personal work. When things are not in order, the family may later be in finance problem and likely the the marriage can break up after not being a good father.

To be a good spouse and father, get yourself a job or have something that is not risky that you are doing, gambling should just be taken for fun and entertainment.

Which most often lead to financial losses, and not big wins, as many players believe. Continued your suggestion. Therefore, there can be no talk of covering their expenses with prize money from gambling. Simply, you will not have anything to pay for them. Most likely. In gambling, it is recommended (as well as when investing in crypto) to spend only the money that you don't mind losing.

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Quote from: Oshosondy on August 04, 2022, 05:43:33 AM

Running household expenses with gambling? That should be considered foolish. Gambling should not be taken as a means of earning money, you have to depend on job or personal work. When things are not in order, the family may later be in finance problem and likely the the marriage can break up after not being a good father.

To be a good spouse and father, get yourself a job or have something that is not risky that you are doing, gambling should just be taken for fun and entertainment.

Gambling will not guarantee profits at all times, as most of the time you lose, and some lucky times you win. The reason why a responsible husband or father should have his own stable job so that he can provide all the basic needs of his own family and sustain all the household expenses. Otherwise, if he only depends from gambling alone, his family will certainly suffer from hunger and will only be the reason for a broken marriage later on.

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Quote from: PaulBf1 on August 08, 2022, 11:54:07 AM

Quote from: Zarfund on August 04, 2022, 05:17:25 AM

Is it possible that we can run our household expenses with gambling ?

I am asking for those people who don't have any skill or job ?

Please don't. If you don't have a job then start looking for one, if you don't have a skill then develope one. Don't take this as an excuse to gamble your money away.

Depending on gambling for the basic need is not going to work anyway.
And for the very basic need - a big no - dont depend on gambling for your kitchen supplies. PLease. You might end up starving.

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Quote from: Zarfund on August 04, 2022, 05:17:25 AM

Is it possible that we can run our household expenses with gambling ?

I am asking for those people who don't have any skill or job ?

Please don't. If you don't have a job then start looking for one, if you don't have a skill then develope one. Don't take this as an excuse to gamble your money away.

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Quote from: AbuBhakar on August 08, 2022, 04:13:56 AM

There’s no way this will work because it means you are betting all your house necessities if you are relying all your expenses in gambling.

It is acceptable that most of us can't really do this but I take it into consideration that some can do it like they really are living to gamble, born as gamblers.

Quote from: AbuBhakar on August 08, 2022, 04:13:56 AM

Gambling is never be a source of income nor a charity that gives money. They are business and they are still existed because players are giving them profit in regular basis. So asking if we can rely to business that is main source of income is from players pocket then it will be absurd to even think of it.

If we're going to analyze it deeper, on the other hand, gambling is a source of income for those that are working in the gambling business. But, since it wasn't the thing that OP is asking about and just plainly as a gambler, I agree that it's hard to make it as a source of income.

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Quote from: Jemzx00 on August 08, 2022, 10:57:29 AM

Unfortunately, just as OP stated, people who has "no JOB and SKILL" so the exemption you've presented doesn't apply on this scenario. Other than having an extremely high luck or probably winning an insanely high jackpot which will be enough to cater all your needs and necessities. I cannot think of any other ways for this to work out especially if you don't have any skills or job that will serve as your backup in case you lose.

Unfortunately - you cannot depend on gambling only to run you kitchen.
I our culture - we dont gamble - if we do - we dont mix our hard earned money with gambling money. We keep the gambling money separate. Although at first place we are not allowed to gamble and it is ban in our community.

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Quote from: qwertyup23 on August 08, 2022, 08:00:35 AM

Quote from: Zarfund on August 04, 2022, 05:17:25 AM

Is it possible that we can run our household expenses with gambling ?

I am asking for those people who don't have any skill or job ?

I do not see this idea feasible in the long-run given the nature of gambling that is highly unpredictable.

When we mean by household expenses, this include everything from your food, lodging, electric bills, and all other monthly expenses. These type of expenses are what we call running expenses since they consistently incur every month. If you attempt paying them with something that is unpredictable, chances are that you will incur more obligations and credit in the long-run.

I very much agree with this.

Gambling as a source of income is not really sustainable for the long term. It could be another stream of income, but it is risky if it will be the main source of income and will be the primary thing a person to rely on to sustain their way of living. Gambling is highly unpredictable. You can win great today and lose big tomorrow. You will never know when is the exact time you will get and accumulate profit that will cover all of your households expenses.

It is true that a person planning to live by with gambling winnings has a high possibility to incur more loans and debts. It isn't really a smart move for me and personally, i wouldn't do it because necessity should be prioritized and shouldn't be mixed with luxurious activity. It could be an additional source of income but not really a good primary source of income to establish your household needs.

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Quote from: qwertyup23 on August 08, 2022, 08:00:35 AM

Quote from: Zarfund on August 04, 2022, 05:17:25 AM

Is it possible that we can run our household expenses with gambling ?

I am asking for those people who don't have any skill or job ?

I do not see this idea feasible in the long-run given the nature of gambling that is highly unpredictable.

When we mean by household expenses, this include everything from your food, lodging, electric bills, and all other monthly expenses. These type of expenses are what we call running expenses since they consistently incur every month. If you attempt paying them with something that is unpredictable, chances are that you will incur more obligations and credit in the long-run.

The only exception is if you're a gambling operator or a casino dealer, it's still a job and your income comes from your being an employee but playing gambling to sustain your household expenses I don't think it's possible even if you're living alone, you will become a pauper and penniless, so if you want a decent life, get a job and only allocate money for gambling, and enjoy playing don't expect or try hard to win.

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Quote from: Zarfund on August 04, 2022, 05:17:25 AM

Is it possible that we can run our household expenses with gambling ?

I am asking for those people who don't have any skill or job ?

I do not see this idea feasible in the long-run given the nature of gambling that is highly unpredictable.

When we mean by household expenses, this include everything from your food, lodging, electric bills, and all other monthly expenses. These type of expenses are what we call running expenses since they consistently incur every month. If you attempt paying them with something that is unpredictable, chances are that you will incur more obligations and credit in the long-run.

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Quote from: molsewid on August 05, 2022, 06:42:07 PM

Quote from: Zarfund on August 04, 2022, 05:17:25 AM

Is it possible that we can run our household expenses with gambling ?

I am asking for those people who don't have any skill or job ?

It is possible of course, but then how stable does gambling it could be? Many people wants to settle their family with gambling, but end up to become broke. In my own opinion, it couldn't be we all know that you will experience losses in gsmling as well, soemtimes you will not get anything in return, all you have is the debt because you spend too much and you don't have anything now. Gambling can't be taken as passive income I'm sorry, I still treat it as recreational activty.

Man, seriously who does thinks gambling is a passive income? Gambling won't ever and never considered as passive income.
I've read a post in this section before that talks about gambling as a passive income. I was really confused how do the guy considered gambling as passive income?
Because first things first, you won't get profit without analysing how to win your wager, and that alone is an effort to earn money, that's not considered passive right?
Passive income means, the money works itself to multiply without you exerting some effort.
Like rentals.

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Quote from: passwordnow on August 08, 2022, 04:09:51 AM

If we're talking about "we", well, we know the answer. But if those are professional and great gamblers, this is very easy. I've seen people that have thought of gambling as a good source of living, I'd say that only a few became successful in this field not because they're dedicated but because they know how risky it is to depend on it wholly. I think the beauty here is we can come and go in gambling if we want to. That casually come and go and we're on that part, we win small sometimes but losing big most times.

Are there professionals in gambling really that they can rely on the winnings they get? And the winning is constantly coming in like a monthly or income steady to finance a family and its extensions ... I think gambling is founded on luck. I have known some family where the man is an addict and makes up some winning but at some point the winning ability deminished , today the family is struggling for survival since the betting winning isn't coming again

AbuBhakar

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There’s no way this will work because it means you are betting all your house necessities if you are relying all your expenses in gambling. Gambling is never be a source of income nor a charity that gives money. They are business and they are still existed because players are giving them profit in regular basis. So asking if we can rely to business that is main source of income is from players pocket then it will be absurd to even think of it.

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If we're talking about "we", well, we know the answer. But if those are professional and great gamblers, this is very easy. I've seen people that have thought of gambling as a good source of living, I'd say that only a few became successful in this field not because they're dedicated but because they know how risky it is to depend on it wholly. I think the beauty here is we can come and go in gambling if we want to. That casually come and go and we're on that part, we win small sometimes but losing big most times.

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Gambling alone? My answer is a straight no. Unless if you have won millions in jackpot prize or hit a big lottery money. But if you are referring to the normal gambling routine in casinos and in betting places, I don't think it could sustain a household. Gambling itself is already an expense so how could you run a household with that? In gambling, it is more normal to lose than win. So how would you buy your family's needs if you have been on a losing streak for days?

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Quote from: Zarfund on August 04, 2022, 05:17:25 AM

Is it possible that we can run our household expenses with gambling ?

I am asking for those people who don't have any skill or job ?

Its hard to win in gambling and often we lose our money, therefore its not a good idea to rely your household expenses through gambling earnings since you cant guarantee to win consistently. Hence forget about gambling and find a real job to sustain your household expenses. Its better to have a stable job rather than relying on gambling. You can still gamble to try your luck but dont assume you can always be lucky and use it to provide for your financial responsibilities. As I have said there's no guarantee.

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If you are a person who has a lot of money to play and risk gambling it is really possible but if you are just a normal person who earn just for your daily needs and have an extra money for sure you will become more practical person for sure you will use those funds to sustain your daily needs and save some money but if you insist there's a chance that only two option you can sustain your daily needs and win a good profit or lose a month of your daily needs because of risk to play gambling always have a two outcomes.

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Quote from: Zarfund on August 04, 2022, 05:17:25 AM

Is it possible that we can run our household expenses with gambling ?

I am asking for those people who don't have any skill or job ?

Whatever the circumstances may be but I can guarantee that gambling cannot run a household and it can't be done for a living.
Income from gambling is unsustainable and temporary. On top of that if it is done by someone who doesn't have any skill or job then it would be very tough for him to survive.
Anyone can do serving as a waiter at restaurants which doesn't require any major skills.
But still it is considered as a decent job than a person who is not having any job.
So why not do a stable job to run a household rather than utilizing the money on gambling.

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It's quite an absurd notion to have, op. First question. How regular are your winnings? Second, do you have another source of income that helps keep the rainy day away? If no to these two questions, then I think it's quite unreasonable to depend on the proceeds of gambling to cater for a household.

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Quote from: Ararbermas on August 05, 2022, 12:12:52 PM

it depends on the status and that's a big mistake decision especially if you don't have an stable income to sustain such kind of way of making profits. . Its a game of luck! And i hope you know about that. aan tbh with you there's no assurance that every time you gamble you can earn from it. IMO better to find new option than this one because its not safe like what you think mate.

Either he has a means to sustain gambling or not, it is not a good decision. Even if he has another source of income, that already defeats the purpose of making gambling to make a provision for his family's financial needs, and that is how it suppose to be. You are right, better to have a source of income, if not having a job yet, is not mandatory to marry compulsorily until you get a job or find something to do than thinking gambling will do it.

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This is going to be a disaster knowing that you are relying on the food that you are going to eat and the place that you are going to stay with luck and that's not going to end well at all. It's just that easy, you know, what to think. It's hard that you need to be focused on gambling in order to make your ends meet possibly but it's still uncertain. I just don't think it will end well, that's all.

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