Topic: The consequences of gambling - page 29. (Read 2929 times)

I do not seem to agree with what you say. Gambling is not something that we can ignore, a lot of problems that can be caused in the game of gambling. So for me that we should never try to play gambling. Sometimes the limits we can not control and all bad things can happen. When we enter once into the gambling game then we will be hard to stop playing gambling. Many people who experience it and in fact the life of someone who has been playing and experiencing an addiction will experience the destruction. I think we are all smart in choosing and we do not want to get into the terrible ruin of life.

I guess gambling can also be profitable if you know your self limits.But when you become addicted to it,that's the time its consequences appear.Of course we know it already before we go into gambling but sometimes we chose to be hard headed just to follow our own interest.Good to know you 're minimizing it already.Atleast you're thinking for your own good sake.

Currenctly I’m at minimizing, although I have experienced some consequences on your list but I feel like that one fits me more. Not really into gambling that much but I’m mostly just betting when I get a time to gamble, because I don’t want to be hooked up and regret myself afterwards.

This is what I saw with my friend, he asked loan to me a couple of times and did pay back most of them but the last one he couldn't pay back because he doesn't have any source of income. I did remind my friend multiple times to quit gambling before giving him another loan because I know he would lose the money quickly. I felt guilty for him because I taught him how to gamble with btc because I always chat him together with my other friends when I brag about my huge wins.  

The consequences of gambling is depend on gambler, if gambler ready to take risk then whatever the result of gambling he take a risk with his money and win or not, it is his luck. But another kind of gamblers are here, who take a risk in a limited manner. Because they worried about his money and the consequences of gambling. Otherwise in gambling, we can't find the last stage of consequences. Just play it and get fun with gambling.   

I believe almost all gamblers just always have these feelings that maybe if they keep trying, then one day, they may just hit that big price they have always been dreaming of and I totally agree with you that, to say we all do not know the consequences of gambling is a lie but we would rather just close our mind to that idea and prefer just doing our thing.

I guess it is one question we will just keep asking ourselves almost all the time. Why do people still gamble even after knowing all these ? Probably the consequences of gambling being forgot by gamblers just after little time.

When people share the disasters of gambling impacts, I guess no one is ready to learn a lesson out of that. They all treat that as an exception and keep moving toward their own experience. Only when people start realizing the real dangers of gambling, they might get chances to stay away. But, unfortunately they all do realize only from their own experiences alone.

I see your point, as I was thinking more in casino-like-type games. Sports gambling is similar to poker, then, and some people claim to make money consistently from horse races betting as well. To build wealth in those fields, you need patience and bankroll management, apart from making good predictions. Those characteristics can help you in investing, as I said before talking about poker. So, if we consider these fields, there is no big difference, I agree.


This is the only point I don’t agree with. Investing in new fancy companies, in new fancy ICOs, in the forex market, opening a new business... there are countless high-risk investment options out there.

Interesting perspective + merited.

I hate substance abuse and agree with you on your points. I like gambling though. Maybe its because a high percentage of my gambling is taking $20 and attempting to turn it into $200, rather than the rampant consumerist, get-rich-quick, balls to the wall variety of gamblers.

I'm not certain substance abuse or gambling should be singled out. It appears as if society is increasingly being encouraged to be uneducated, uninformed, make impulsive and irresponsible decisions. Many of those negative traits are becoming cultural in origin whereby many view being uninformed as being a form of liberation, rather than oppression. Things like lying and being deceitful are actually viewed as being forms of freedom by many and their application isn't limited to substance abuse or gambling afaik.


There are people like Vegas Dave (Dave Oancea) who have become rich at least partially off of sports gambling. You can check out Vegas Dave on social media if you're curious. He is known for making big predictions in sports and winning most of the time. I know people who consistently announce all their bets ahead of sports events and consistently turn profits over a period of months. It is possible to make money off sports gambling, similar to how people make money off investing in stocks. Is it easy? Probably not. But it is possible. In terms of all time numbers, I've won more money than I've lost gambling on mixed martial arts.

The difference between gambling and investing may not be as great as some think. Investing generally carries lower risk and lower potential profits. And so these fundamental factors contribute towards fewer meltdowns. But there are still many uncertainties and the results can be disastrous. The economic crisis of 2008 could be characterized as being caused by banks gambling on subprime mortgages and losing. Then having to be bailed out by taxpayers. Whether its trillions of dollars being gambled by investment bankers or $5 being gambled on the superbowl. The difference between the two may not be that big.

Gambling had really bad social consequence on me i became completely silent for a week and didn't know what yo do i decided to gamble again but finally i was able to have control over myself and decided to quit gambling
Currently i don't have much regret and i was luckily able to move on and haven't gamble yet and hopefully don't plan to do so in the near future as well

Yes, there is. A huge one. In gambling, the mathematical return of every bet is negative, whereas in investing you have not that mathematical certainty.
I think you example could only be applied to poker. People starting poker from zero and becoming successful develop abilities necessary in investing. But those people don’t call themselves gamblers, they call bad players gamblers.

As for OP, I think problematic gambling behavior is a consequence of previous problems. Nobody sane, with a happy life and without problems, ends up gambling pathologically.

There are many consequences and risks in gambling, but they enjoy it all, but already know its impact on the health, life and psychological of a person, 100% will not pay attention to everything, because their habit is very comfortable in position as a gambler has a lot of money to spend, I hope there will be time to stop.

Gambling is a form of entertainment, they said

These stuck out to me, because I see these ugly traits daily in my job with substance abusers--and gambling can go hand in hand with that, though not a lot of the people I see are problem gamblers.  But I think the basic disorder is much the same and produces a lot of the same effects.  When you've got an addiction, your brain adapts and does everything it can to protect the addiction, and part of that is isolating emotionally from people who are going to try to *force* you to get help.  That's usually your loved ones.  So problem gamblers have to do a lot of lying, manipulating, cheating, stealing, and everything else that substance abusers do.  Plus for whatever reason they feel like they're gods in their own heads.

Decent thread, OP.  There are probably at least 200 people who are already members here who should read this.  But just like with the alcoholic, it likely won't help anyway.   When you've had enough, you (and only you) have had enough.  There aren't enough words or love in the world that'll be enough to get you to stop until you're ready.

I would argue that gambling is fun at first, and it can give you "quick income" but that it morphs into something else entirely after you cross the line into problem gambling.  Even drugs and alcohol start off fun.  If they weren't, there wouldn't be problems with addiction.

Yes all gamblers know the consequences if they continue to gamble even to addiction, but there are so many gamblers who do not seem to care about the consequences. They think that gambling can give fun and quick income.

Whoa! Such a long article! Well for me, not every gambler do encounter this consequences of gambling. Some gamblers do while others don't. It all depends on people's adaptations and psychological reasoning. Most people don't get addicted easily and are mentally stable to know when to play and when not to play. They are not easily influenced by the tendencies to win more and more. People respond to things in a different way, so don't generalize.

Yes, that is mostly what people say that gambling is just for fun, but for me there are still consequences of playing gambling since in the first place that it always involve money as we bet and if the moment we lose then its our instinct to have many last game just to tend on getting back what we have lost, so gambling is prone on addiction and stress and worst if we have no more time for our love one's if we cant truly control it.

Interesting thread, but for me, it depends from person to person. For me, I just gamble for fun. Win or Lose (Of course winning is waaay more fun) I do it to have fun and I hope that everyone does the same, a lot of people see it as a good return but they start betting with money that they cant afford to lose. For those people they need to stay away since this can become very addicting really fast.

People who play for making a quick money mostly end up in this situation because these games are meant to give only entertainment if one play within their limits otherwise it gives only pain to gamblers and profit to casino owners. But still, people choose to spend money on these sites because they want a easy and quick money making method so they are ready to risk their hard earned money on these games.

many consequences of gambling. Many people who gamble eventually become addicted. This happens everywhere. In the United States alone, it is estimated there are millions of people who are addicted to gambling. Not only that poverty will always haunt for those who like to gamble

Perhaps there are some gamblers who already know this deep inside, but are in denial. They know that they're on a road that would lead them to nowhere, but go on anyway because they feel hopeless. Sometimes, it's already too late when the gamblers start seeking for help. They've already drowned in debt or their families have already resented them when they start to regret and want to stop.