Topic: This is not Practical - page 2. (Read 1436 times)

Yes, I will always chose to gamble money that is not intended to pay the bills, in short it's my spare money that I can manage to lose. That way, even if I lose all of them, it will never affect my finances and savings. And the fact that gambling is more certain on losses than gains, then we should be more responsible on using the funds that are not needed at the moment.

Is the money you currently plan to use for gambling money you can afford to lose?

I can say yes, for me. We all know that you don't always win when it comes to gambling, you always lose. For me, gambling is just a pastime, a habit to not get bored, I don't gamble to get a lot of money or earn it like others do. I am disciplined and have self control when it comes to gambling. Others make it a source of income so it becomes a big deal for others. So I can say that the money I plan to use for gambling I can afford to lose. Because it's already planned, budgeted. It's not painful or sad to lose

If the person is a gambling addict, it will be difficult for him to manage his money so that he can live a normal life. On average, people who have been damaged will continue to gamble until they get a lot of money on their mind. For example, if a neighbor or friend is devastated by gambling, if they see this, it will be difficult to learn to improve themselves or become a basis for managing money. This is something that rarely cannot be anticipated or is very difficult to be aware of.

It's totally wrong to make gambling a source of income as it can be very risky and can cause some level of frustration especially when you have series of losses, gambling should be on the side and be used for fun and better for entertainment but to use as a primary source of income is not ideal because it can't guarantee you money at any time but will rather take it most time.

It is advised you get a proper paying job then do not Use gamble as the source of income, you can at times use residual money from your income to place bets and if it turns a winner you be fine but if it turns out loss you may not have to border as it was something you could afford to loose but when you add desperation or probably budget and make plans with all hopes on gamble money you tend to loose more.

Of course as gambling has it's advantages and disadvantages so dose work has it's advantages and disadvantages aswell,  but then it's important and very essential you gat a job regardless of it's advantages and disadvantages because you wouldn't dwell on these disadvantages and decide not to work and stay idle, that way you wouldn't have the fund to even consider gamble an entertainment.

What you say, maybe it's true, the facts on the ground are different from what we are talking about, theory and practice are two different traits, but behind all that those involved in gambling have different characters and traits, In my opinion, there are levels of people who gamble, from ordinary gamblers to high class gamblers, from entertainment to high level addiction, that's what differentiates the funds used for gambling.

For those on the verge of addiction, they use unlimited money to gamble, from savings, selling property, to gambling, However, there are also those who use money to gamble with the money ready to be lost and there are also those who are unemployed but they are affected by gambling, By not having money, they don't think much about what money they use for gambling in the hope of winning and making a profit, it doesn't matter where the money comes from, the important thing is money.

Of the many cases we have seen of someone using money to gamble, everything that is said is true, because a thousand people have a thousand ways of using money for gambling, losing money, entertainment, profit, making a living and so on, all of them are true.

But someone who is used to gambling still has the opportunity to manage his money to prevent the risk of losing a lot of money. Everything can be learned so that the person doesn't have to go through a bad experience. As long as there is a desire to change his bad habits and there are concrete actions he takes, he can do it, especially if he continues to practice it until he gets used to it. When he gets used to it, he will only gamble with the money he can afford and will not go through with it because he has already been in that situation. He no longer wants to have the same experience as before, so he tries to tighten his budget and will not gamble excessively.

i always gamble with money that i don't use for savings and daily necessities, i always gamble with my idle money and the amount i always use is not that big, people who always have problems with gambling usually use their savings, money  their families, borrowed money and money entrusted to others.  Wise gamblers will not spend money they cannot afford to lose because they know the root of all problems that occur is when they fail to manage their money well.

Each of us spends a certain part of our income on entertainment, which in principle we can refrain from. It should be understood that gambling is a high-risk entertainment, which will either increase your money or you will lose it. That is why every gambler must accept the notion that playing gambling he must play only on the money that he is ready to lose. Whether he loses this money or not is another matter, which depends on many factors such as luck, self-control, experience, etc.

Discipline or how a person can manage money is very difficult if they are familiar with gambling, unless the person no longer has anything in the world, perhaps there will be changes, although not 100%. from mistakes will be lessons that  will not want to repeat, which I experienced several years ago. Even though I still gamble, I don't have big ambitions to win and I have allocated a certain amount of money. If you can control gambling just for fun, it might be better.

I don't see any reason why you have to say "working" has it's advantage and disadvantage when every man in this world must work. Working isn't limited to working under someone or a company, but trading, business, freelancing and any other jobs that could give you money.

Gambling, on the other hand only make gambler keep losing their money, it's completely a wrong thought if gambling is a source of money.

It's hard to beat the house, gambling is a game of luck, so my answer will always be YES, I am going to keep using money that I can afford to lose, you should have ask people how much is money that can afford to lose, instead you said no one really have money they can afford to lose, you are wrong.

Even you OP has money you can afford to lose, let me give you an example, there must be sometimes in your life where you spend money on unnecessary things, those type of money are better use for investment or trying your luck.

Let me go deep into better explanation, if you are earning up to a 500 in dollars every month,  how will losing $1 on gambling every week affects you? Will you be willing to take risks with $1 and still have $499 left or you willing to take risks with $60 and have $440 left? You are the only one that can answer this, some money won't hurt even if you lose them.

Still not satisfied? Ok let me use this example again, how much have you paid on gas in crypto this year alone? Why didn't you feel pained when moving $100 to exchange using $2 every time? Because it's worth it, isn't it? It's just $2.

So use those money you will call "Just" to gamble, this is the perfect money for gambling, and only you knows the amount that won't do you a thing when you lose them.

Sorry but I think trading is as risky as gambling. If you can't gamble then it is better to search for a job than doing any of gambling or trading. Trading involves high risk and many have analysed it to have some features as gambling although it may not be the same but the fact remains that it is also risk. But a job gives you a more relaxed mind without risk of losing your money to untraceable person  . Working has its advantage and disadvantage, and the disadvantage is that you won't earn more than the agreed payment but gambling gives you that risky advantage. However, for newbies who are finding it difficult gambling, choose to search for job.

Gambling should never be considered as a way of making money but the human mindset filled with greed sees this as a way but get backfired in the end.

Gambling is more of an experience and there is no denying that you can make life-changing money in the blink of an eye as I said you should not take the risk if you can't afford to lose the money but still people go for it due to their optimistic nature.

Start betting with no expectations, if you get some wins then you can feel lucky on that day and if it didn't just sleep on it then move on your daily activities cause thinking about the loss will lead to further financial loss in my opinion.

This advice is very practical. The meaning of the wise saying is not literal. It simply means that you should bet with money that you can afford to bear when you lose.  We all know that nobody wants to lose even a cent but in gambling, you put in what will not affect the provision for your basic needs. Your budget for gambling should be part of the least and shouldn't be what will give you sleepless nights when you lose.

There have been issues of people using their school fees, house rents, or even an entire monthly income to gamble because of greed. This shouldn't be the case because might lead to behavior disorders and even health problems. So this advice is simple but powerful and ageless. Your gambling expenses should be from your extra or spare income

the practice is not easy. but it is a good thing to be advised. What if I said the gambling addiction that some people experience is also due to a theory. like saying "gambling is very detrimental" if we refer to it in gambling maybe some people will think "it's better if I really spend it, because I don't believe in that". I'm sure some people think this way. The reason why gambling is used only within the limits of the ability to lose money is what should be a reasonable limit.

When they say "spend the money you can afford to lose", it doesn't mean that it is okay to lose your money at all. It only mean that it is the AMOUNT OF MONEY that you will be willing to take risk for the chance of making money from it. I mean, you have the chance to earn from it if you are lucky enough, and if you lose, there will be no hard feeling as you only risk the the amount of money you can afford to lose in gambling.

It is all about the risk on where you will spend your money, whether you will spend it all on your needs, wants, and savings. Or if you can separate a small amount of money to risk in gambling that might be double or not. It is all about the taking that risk or not.

It seems like this is what beginners need to understand, don't gamble if you don't want to experience risks and don't want to lose money, because if you are still worried about that, it's the same as wasting money on gambling unless you really want to gamble just to find entertainment so the money you spend is not just to make other big money but to pay for entertainment when gambling.

I personally also always suggest that beginners should understand every risk when gambling and always use money that is ready to be lost. If you are not ready for that, you should not gamble, you should look for another hobby or look for other activities such as working or trading to get definite money that can be a source. a steady income that cannot be obtained from gambling.  

Allocating a certain amount of funds for gambling is very important so that he does not use the money for other needs. This must be really paid attention to so that he does not deposit excessive money because he must have good self-control when he gambles. By allocating a certain amount of money for gambling, it is money that he can afford to lose from gambling so that if he loses control of himself, he will not try to deposit another amount of money. And that was money he could really afford to lose.

And if he accidentally spends his money one day, he can remember that he has already used the budget allocation he set for gambling. He also wouldn't try to deposit any more money because that would exceed the budget he had already made.

So you are saying that you are spending all your money on the things you need and nothing on what you want?

Let me give you an example, of what you are achieving by paying for a ticket and watching a movie by doing that you are losing your money to get the experience, and can be replicated with a hundred other examples like that.

If you feel that you can't afford to lose money on gambling then you are not the person supposed to gamble, so go and make some money when you are filled with money and casinos are great places to spend it.

It is already quoted here in this section that gamblers should use the little money that they can afford to lose and gamble, so some gamers are doing as quoted, but another quote states that gamers should use spare money to gamble and my disagreement with that quote is that nobody as a whole has spare money. Every money has value, but every money holder doesn't have value for their money.

Even if a person has enough money and still a steady income, I still don't agree that the money the person is working to get doesn't have a valid use. If the money doesn't have good use, then why is the person working hard to get the money?

At times, money controls the owner, like if someone has a lot of money, he might be confused about what to use the money for
and if not, then the person might just have to risk it, but that is not a good option.
It is good to know your limits on everything and risking everything is also not good, like I only gamble once in a while and I also have a limit that I don't and can exceed.