Topic: Selling a property to play gamble - page 4. (Read 1639 times)

The inability to accept the fact of losing that exists in gambling makes a gambler always spin in a cycle of chasing victory to restore something that has been lost, it all starts with not understanding what gambling really is which makes them experience emotions when defeat occurs at the end of the session, so of course this is the importance of why you must really understand first what gambling is really about before you finally get involved, requires a lot of consideration and simply put if you are not ready to lose then obviously the better and wiser decision is not to get involved in gambling.

You are right, and I can conclude from what you said that it is a fact that the bad effects of gambling will only be experienced by people who come with the intention of earning, they do not understand that gambling is not a place to earn but nothing more than an activity to fill leisure time without having to apply any seriousness. And that means gambling should be fun and not an activity that can push you into a black hole, and one of the ways that can keep you safe and avoid the possibility of unwanted then obviously you must have the right understanding that will indirectly make you have the right approach to gambling.

Your tale touched me. The fact that the car wasnt his to sell made a bad situation worse. His parents' forgiveness over prosecution was lucky. The decision spared him legal trouble and led to atonement and rehabilitation.

Selling things for gambling seems like a dangerous path to ruin. I've seen gambling's appeal, thrill, and camaraderie. The exhilaration should never cost important things. When economic and political stability is scarce, its important to recall the hard effort that goes into attaining such goods.

Your story's ending, where family gives hope, resonates. It shows the power of family in times of hardship. While gambling can be entertaining, it should always be done responsibly. More important than winning is enjoying the game and making friends.

But we are constantly gambling by selling valuable properties, especially Bitcoin, a valuable virtual currency with which we are constantly gambling. In my view Bitcoin is worth more than gold and land with which we participate in gambling. I gamble with Bitcoin but never with any physical assets. I am hoarding the physical assets for my family support and future savings which will be spent to provide me with a secure and comfortable standard of living in the future.

Gambling or any other things that are overly done are not healthy anymore, so it's important to set a limit in every thing that we do. In gambling, we can lose money and if the lost amount is not that big enough, we can easily replace it either by selling a thing, via our jobs salary, earnings in our business, or through any other activities. Depending on a thing, they can be hard or easy to sell.

In our subject here, we are talking about a property. Now if this property was only excess and there is no sentimental value attached to it, selling it is going to be just fine although it does not mean that we can now use all or most of the money in gambling.

Whether it's gambling or not, it doesn't make any iota sense to sell property. Selling property just to gamble is more worse than even borrowing money to gamble. Why would you even sell property to gamble when it's not like you are posses or course. Let's say for instance, you have a land and because you don't have any source of income and you sell it, then the thought of doubling that money comes to mind, I will rather use the money and eat than use that money to even think about gambling.

Experience has shown that people that does this don't bring back anything, gambling isn't the only thing that bring money if it's money that you desire, invest the money into another business than try something you might even regret later. If there is any person that has done this successfully by selling his or her property was only lucky to win one, majority don't make anything but rather a loss and then regret is what follows.

Gambling can be fun for those who have enough money. But when it is excessive it is no longer bliss. And when a person monitors his wealth to manage his gambling, the addiction he has become will be revealed. Those who gamble by borrowing or selling their assets turn the joy of gambling into an addiction by relying on a false hope. When a gambler sells his property and gambles, if he loses, he himself will live in hardship and his family will also have a hard time because of it. Since gambling is uncertain, there should be responsible gambling rather than being greedy. Gambling should not be continued by selling any property.

To be honest, the story you are telling us is actually more serious than a person taking the choice to liquidate their assets in order to gamble. Why? because in reality that car which was sold it was not even property of the person trying to sell it, which is a clear and plain crime. He was fortunate his parents did not choose to prosecute him.
Leaving that to one side of this post, it is obvious that selling one's property in order to continue to gamble is stupid and basically a faster path towards ruin and bankruptcy, that is specially true when we live in developing countries where period of economical recession and political chaos are more common, it is easier for people to get fired or losing their money because of crooks in the government taking over one's savings in the bank. Because of that we should not take our material possessions for granted and understand how much effort there is behind having a car, having a house or even having smaller things like a computer or a smartphone, is something make our life easier the it is not supposed to be sold unless it is an extreme situation, not for gambling.
At least his parents loved him enough for allowing him to return home and be part of the family again, that is going to show how important family is specially when one is going through such rough times related to addictions of any sort.

There are a lot of factors that can bring sad consequences. Greed and lack of critical thinking will definitely lead to large losses and the desire to win back lost money, I already wrote in this thread about my former friend who took valuables out of the house to play. If games or bets don’t pay pleasure, but there is only a desire to earn more money, then it’s definitely not worth doing it, and it’s important to have finances for it, if you don’t have them, it’s better not to do it so as not to run into problems.

"Don't bet more than you can afford to lose" and this is the truth. One of the biggest mistakes a gambler makes is to sell the property and gamble with that money. Because when someone gambles using his own savings or property sell money, he has only one thought that he always wants to win, and this thought makes him more aggressive, and the gambler becomes more addicted to gambling. And that's why you've yet to see a gambler win big gambling with property sell money. So gambling should be played with such money, so that even if you lose that money, you don't have to face any big problem. Gambling should be made as a form of entertainment and it would be best if one could earn income through entertainment as well.

The effect of greed is the reason that people gamble irresponsibly. When you are having such huge agenda in your mind that the next game is likely the one that will give you the jackpot you have been aiming for a longtime then you are going to continue even when you are losing. Another reason is you are gambling with the hope to use the profit for personal financial challenges, chasing of loses will become the order because the emotion becomes the controlling factor.

Realization do always come at the end and those people who do sell out their properties in the process wont really be mindful much about on the things that they've been currently doing. This is why it would really be that ideal that you should really be stopping on making yourself that too wishful about winning up big because on the time that you would really be making yourself that desperate then you are really that prone into lots of mistakes and errors on which this is something that should really be avoided. This is why it would be best that you should really avoiding it at all cost. Property is not something that you should really be that
selling on something like gambling.Its never been worth and its never been that ideal on doing so.

You shouldn't really be that making yourself that having that kind of decision. This is why it would be best that you should really be that
better that moderation would really be that best on this kind of condition.

Those who sell everything and get addicted to gambling without thinking about the future will know about its dire consequences in the future. Those who are wise save for the future so that they can live well with those savings in old age, but those who are mentally disordered gamblers sell all their properties and participate in gambling without thinking about the future. These gamblers at some point become bankrupt in gambling and wander around the streets like crazy. So those who do not think about the future and participate in gambling by selling their hoarded property must eventually pay for their past wrong doings by going bankrupt.

Firstly I must say this is a topic I believe is quite rare but still happens. Upon seeing the topic of this post it is logical and easy to say such a person is either an irresponsible gambler or an addict or even both. Gambling is supposed to be a fun activity but it seems some people have actually taken it to be more than that which is very wrong.
Going out of your way just to stake or make gambling bets is an unhealthy practice as people are advised to gamble responsibly by staking what they can afford to lose. The reason why people stake beyond their pockets is because they have their judgement clouded their ability to recognize that they could possibly lose it all.

I've sold things to buy crypto and Bitcoin, and so far I don't regret doing it, because I am in good profits but I won't dare do the same for gambling, the risk is enormous.

Things I can sell my properties for.

1. Digital assets aka Bitcoin and co
2. Shares/Stock
3. Unpopular skill

Gambling is a game, with two sides of results, it doesn't make sense to risk a lot on gambling, there are better things you can risk a lot more on but not gambling, the type of risks fits for gambling are the smallest that you can afford to risk.

With the mistake he made by selling the property he owned, the gambler has indirectly made his family members suffer because of his wrong behavior, and not only that, the gambler must also pay attention to whether he is truly addicted or not, if not. His family members can still advise him slowly so that he can recover from being a gambler, but if he is really seriously addicted then it is impossible for him to be advised so that he recovers quickly and becomes aware of his wrong behavior.

It's never advisable to sell any for the purpose of gambling, if you don't have any spare cash then, you should just leave gambling for that period of time. After all, it isn't written anywhere that you must gamble every now and then. Even inside gambling addiction, there is what I call chronic addiction and that is when the gambler begins to sell properties for gambling. Selling those properties, there is no way you are being guaranteed that you'll win the bet or recover your asset back. Majority of the times I've come across gamblers who sold asset to gamble didn't turn out well.

Yes, it is an inappropriate action to sell assets or possessions just to gamble, even though gambling is just entertainment that does not need to be taken seriously. They don't think about what impact it will have on their families when they find out that items are being sold to fulfill their gambling desires. Yes, maybe only people who are addicted to gambling will do something stupid by selling their personal belongings so they can have money that can be used to continue gambling. Those who have reached the stage of selling their goods have already entered into a gambling addiction so their family members should start talking to them to find out why they are selling their goods. If he really has a gambling addiction, his family members can try to encourage him to cure himself.

It is natural for people to have the desire to gamble, but they should be able to learn or understand that gambling carries the risk of losing money, especially if they cannot control themselves well. They will experience losses that could be even greater if they do not want to stop their gambling activities and instead add some money to their gambling account just because they want to win. Even though they already know that if they gamble frequently, there is a risk of losing, which will result in losing their money, and it can get bigger if they can no longer manage their money. They will slowly run out of money and it will be a big loss of money if they cannot stop themselves from gambling. Moreover, some emotions can increase at any time, making them forget what they must do after playing enough gambling.

Never, it was a stupid decision to change our life to be bankrupt. But, I ever sold my property just to buy Bitcoin and trade it. It's success in 2021. I got profit, and I can buy back my property and buy more in another place. But for gambling, it's not the right decision. Because I ever sold my phone just to play poker, All lost, my phone I can't get it back, and my money is just lost tha all. So, if someone sold his property to play gambling, I think he had to be prepared to lose it forever, just thinking again before make decision.

Bad idea unless you have free rent, you are selling something you need to buy something of no specific requirement to yourself.   You know its bad from beforehand when you dont even require to take the risk and there is no option not to require a property.   Doesnt make sense in that context, I have heard of people selling either a house that was spare and inherited or the family that sold a house to travel in a mobile home and they both bough BTC with the proceeds.   Just buying BTC for them was a gamble but at least they did not sell something they would require the next day.

Well, there are some gamblers who are addicted to gambling to the point where they can't think clearly like this. Basically,  their mindset is to want to return the capital they have lost in previous gambling by selling assets and getting money quickly. Sometimes,  when you give them directions to stop their intention to do so, it doesn't get the results you expected, and instead he ignores you. Many people end up ending their lives because they are confused because there is nothing they can do anymore.