I have heard the advice that you should only use money you can afford to lose for gambling. I say that this is more theoretical than practical. Literally no one has money that they can afford to lose. I feel that money for gambling is a matter of opportunity cost. You either use the money for gambling or use it to meet a need. If using money one can afford to lose were practical there will be no need for articles on having a gambling budget or bank roll management. Hey gamblers my question is to you now is, the money you currently plan to use for gambling is it money that you can afford to lose?
No one will want to lose any amount of money that quickly, as we are all aware. But if I may state, what they mean by "money someone can afford to lose" is money that when someone loses it, it does not effect them as much. For instance, if you have $100,000 in your account, losing simply $50 to $100 may not hurt you as much as losing something like $50,000. As a result, I also think that if someone uses 1% of their funds to gamble, they won't be as concerned even if they lose. As for me, I still think it's wise to only gamble with money you can afford to lose since I know that even if I lose a little, I won't be broke. 
Topic: This is not Practical - page 4. (Read 1145 times)
I have heard the advice that you should only use money you can afford to lose for gambling. I say that this is more theoretical than practical. Literally no one has money that they can afford to lose. I feel that money for gambling is a matter of opportunity cost. You either use the money for gambling or use it to meet a need. If using money one can afford to lose were practical there will be no need for articles on having a gambling budget or bank roll management. Hey gamblers my question is to you now is, the money you currently plan to use for gambling is it money that you can afford to lose?
No one will want to lose any amount of money that quickly, as we are all aware. But if I may state, what they mean by "money someone can afford to lose" is money that when someone loses it, it does not effect them as much. For instance, if you have $100,000 in your account, losing simply $50 to $100 may not hurt you as much as losing something like $50,000. As a result, I also think that if someone uses 1% of their funds to gamble, they won't be as concerned even if they lose. As for me, I still think it's wise to only gamble with money you can afford to lose since I know that even if I lose a little, I won't be broke. There is still a regret that I feel but at the same time, I won't force my self to completely stop gambling. Playing using demo mode won't also work well on me. I think it's only on me. Maybe I have other mental issue but I'm looking forward on curing it.
I have heard the advice that you should only use money you can afford to lose for gambling. I say that this is more theoretical than practical. Literally no one has money that they can afford to lose. I feel that money for gambling is a matter of opportunity cost. You either use the money for gambling or use it to meet a need. If using money one can afford to lose were practical there will be no need for articles on having a gambling budget or bank roll management. Hey gamblers my question is to you now is, the money you currently plan to use for gambling is it money that you can afford to lose?
As a human especially those that are financially stable you must have a spare income left in your savings aside from the money meant for other bills you might have made budget for and that's your spare cash which can be used for spending on outings, entertainment, and fun or even gambling, it quite true that no one willing wants to lose money but since gambling is a game of either lose or profit it's advised that people should use the little percentage of their income that they could lose with feeling too much guilt or remorse and it varies based on an individuals financial status.Like I stated earlier the money that's meant to be used for gambling varies for different individuals based on their financial status and if 5,10,20, or 30% of a persons income is okay by them and they won't feel much pain or sadness when they lose then it's fine to say that's their spare case and they're good to use it for gambling
~snip
That is a fact that we meet in any part of the world where young people tend to like to take risks and no matter how they fall into it, the greater the risk, the more they desire to conquer it, but my view is that if I generalize it between gambling and investing, that is a logical placement. which is wrong, because if we talk about investing, when we fail in the process, someone can continue to improve it, so that they can be at the peak of the success they get from investing, but in gambling the case is different, because even though both are taking risks, and spelled out more there is a high ratio of losses to gains, but we cannot examine where we went wrong in the process if we do not get an advantage in the game.If these young people can be directed in a better direction, they can use it to prepare for their future and start thinking about what they will do. By having short, medium, and long term plans, they can start to organize their life, and even though they are different from their friends, they can feel it later in the future. Especially if, at their age, they can start thinking about investing for their future.
Gambling is a game in which it is customary to take risks. Many of us like to take risks, especially in our youth, some of us manage to earn good money, but it is quite natural that someone loses everything he has. I am not just talking about gambling, but trading on the stock exchange and investing in cryptocurrencies can also be referred to high-risk entertainment. Risk makes us feel very strong emotions, which is why such entertainment attracts people so much.
It no doubt happens with young people because they still think that if they can show something more challenging in front of their friends, they will take that risk. And those who manage to overcome that risk will seek other challenges with even greater risks.But if these young people take risks by gambling with a lot of money, they will not be able to stop easily because they will think that they can recover their losses and get wins. They won't think if it's money they can afford to lose or they will regret it. In the end, they will regret losing their money but return to gambling again another time. And they should try to have a budget for gambling so they won't have the same experience later.
Playing with risks, of course, will definitely provide its own adrenaline so that there are challenges in gambling games, apart from that the risks are not only in gambling but also in crypto trading also has risks or other activities, the higher the risk the higher the adrenaline we feel that's why children who are just growing up find it easier to find risks and games that trigger adrenaline in gambling.
In this modern era, anyone can gamble with their cellphone and everyone can find entertainment by playing gambling, talking about the risks, everything we encounter in life always has risks, even trading as an entrepreneur is full of risks, depending on how we can minimize the risks ourselves so that not too lose more money.
But I think talking about gambling, with other activities, what do you think is talking about adrenaline, I don't think it's apples to apples, because I'm not quite sure that adrenaline in the context of trading and gambling is different, gambling is generally easier to do and not takes a lot of time for analysis and all kinds of decisions to make, and the main thing in gambling is luck.In this modern era, anyone can gamble with their cellphone and everyone can find entertainment by playing gambling, talking about the risks, everything we encounter in life always has risks, even trading as an entrepreneur is full of risks, depending on how we can minimize the risks ourselves so that not too lose more money.
If the premise of risk here in terms of risk in gambling and investment is the same thing, then the wild meaning says that the investor is a gambler.
Gambling is a game in which it is customary to take risks. Many of us like to take risks, especially in our youth, some of us manage to earn good money, but it is quite natural that someone loses everything he has. I am not just talking about gambling, but trading on the stock exchange and investing in cryptocurrencies can also be referred to high-risk entertainment. Risk makes us feel very strong emotions, which is why such entertainment attracts people so much.
Playing with risks, of course, will definitely provide its own adrenaline so that there are challenges in gambling games, apart from that the risks are not only in gambling but also in crypto trading also has risks or other activities, the higher the risk the higher the adrenaline we feel that's why children who are just growing up find it easier to find risks and games that trigger adrenaline in gambling.In this modern era, anyone can gamble with their cellphone and everyone can find entertainment by playing gambling, talking about the risks, everything we encounter in life always has risks, even trading as an entrepreneur is full of risks, depending on how we can minimize the risks ourselves so that not too lose more money.
Gambling is a game in which it is customary to take risks. Many of us like to take risks, especially in our youth, some of us manage to earn good money, but it is quite natural that someone loses everything he has. I am not just talking about gambling, but trading on the stock exchange and investing in cryptocurrencies can also be referred to high-risk entertainment. Risk makes us feel very strong emotions, which is why such entertainment attracts people so much.
It no doubt happens with young people because they still think that if they can show something more challenging in front of their friends, they will take that risk. And those who manage to overcome that risk will seek other challenges with even greater risks.But if these young people take risks by gambling with a lot of money, they will not be able to stop easily because they will think that they can recover their losses and get wins. They won't think if it's money they can afford to lose or they will regret it. In the end, they will regret losing their money but return to gambling again another time. And they should try to have a budget for gambling so they won't have the same experience later.
Hey gamblers my question is to you now is, the money you currently plan to use for gambling is it money that you can afford to lose?
Yes of course. That's why if I lose at gambling today, I'll try again tomorrow to try my luck at the same gambling that I lost at the previous days. If I had to gamble with the money I can't afford to lose, I will eventually become discouraged from trying my luck on something that is not paying off for me but rather costs me big money. You don't spend more than you can afford to lose on gambling and remains happy to keep gambling to the upper days or weeks without been fade up as a human beingGambling is a game in which it is customary to take risks. Many of us like to take risks, especially in our youth, some of us manage to earn good money, but it is quite natural that someone loses everything he has. I am not just talking about gambling, but trading on the stock exchange and investing in cryptocurrencies can also be referred to high-risk entertainment. Risk makes us feel very strong emotions, which is why such entertainment attracts people so much.
Hey gamblers my question is to you now is, the money you currently plan to use for gambling is it money that you can afford to lose?
Yes of course. That's why if I lose at gambling today, I'll try again tomorrow to try my luck at the same gambling that I lost at the previous days. If I had to gamble with the money I can't afford to lose, I will eventually become discouraged from trying my luck on something that is not paying off for me but rather costs me big money. You don't spend more than you can afford to lose on gambling and remains happy to keep gambling to the upper days or weeks without been fade up as a human beingFor such people, it is not an issue if they have lost what they shouldn't have gambled in the first place and they will always be back in the casino once they get some money at hand only to gamble again because they are simply addicted and don't have enough self-control to have their urges in control.
The meaning of "money you can lose gambling" is money that you use to gamble and if that money is lost at the gambling table, you will be okay and have no problem with losing it. So if some people can afford to lose $100-$1k, they can afford to lose that much money and maybe they'll still return to the casino another day. As long as that person can still be wise in using their money, it won't be a problem because they must have thought before using their money. We should only use the money we can afford not to be too disappointed and sad.
It's correct, but we shouldn't like saying if gambling is only burn your money and don't be sad for that. Everyone will sad if they lose their money, but the beauty of gambling is for entertain. When we logged our account and bet the money we can afford to lose, we should feel happy during that time regardless what the result is. If we're not able to feel happy, then it's right to say we're not used to be a gambler.There is no need to be naive by saying that it is a wrong action because of course we are already aware that gambling is ultimately only to win the gambling house or casino because in the end no matter how strong we are, the casino wins. but we also certainly get pleasure and satisfaction in gambling so I think it is still worth it.
Lets talk about the "casino always wins". True, but thats just how the game goes. The people do it anyhow, even if they know the risks. Indeed, why not? Its all part of the package: the buzz, the glitz, the noise. Definitely worth it? Oh, hell yes! It's an experience, and such are worth far more than money, believe me
Hey gamblers my question is to you now is, the money you currently plan to use for gambling is it money that you can afford to lose?
Yes of course. That's why if I lose at gambling today, I'll try again tomorrow to try my luck at the same gambling that I lost at the previous days. If I had to gamble with the money I can't afford to lose, I will eventually become discouraged from trying my luck on something that is not paying off for me but rather costs me big money. You don't spend more than you can afford to lose on gambling and remains happy to keep gambling to the upper days or weeks without been fade up as a human being
The meaning of "money you can lose gambling" is money that you use to gamble and if that money is lost at the gambling table, you will be okay and have no problem with losing it. So if some people can afford to lose $100-$1k, they can afford to lose that much money and maybe they'll still return to the casino another day. As long as that person can still be wise in using their money, it won't be a problem because they must have thought before using their money. We should only use the money we can afford not to be too disappointed and sad.
It's correct, but we shouldn't like saying if gambling is only burn your money and don't be sad for that. Everyone will sad if they lose their money, but the beauty of gambling is for entertain. When we logged our account and bet the money we can afford to lose, we should feel happy during that time regardless what the result is. If we're not able to feel happy, then it's right to say we're not used to be a gambler.There is no need to be naive by saying that it is a wrong action because of course we are already aware that gambling is ultimately only to win the gambling house or casino because in the end no matter how strong we are, the casino wins. but we also certainly get pleasure and satisfaction in gambling so I think it is still worth it.
I have heard the advice that you should only use money you can afford to lose for gambling. I say that this is more theoretical than practical. Literally no one has money that they can afford to lose. I feel that money for gambling is a matter of opportunity cost. You either use the money for gambling or use it to meet a need. If using money one can afford to lose were practical there will be no need for articles on having a gambling budget or bank roll management. Hey gamblers my question is to you now is, the money you currently plan to use for gambling is it money that you can afford to lose?
- If you are a gambler and you believe that it is difficult to beat the house edge, it means that you accept to yourself that when you gamble in a casino or bet, you should only use the fact that you are willing to beat it and not the conceptual thought that you are gambling because you just think you're going to hit the jackpot.
Maybe, it just becomes impractical because there are other gamblers who are rich and the large amounts they lose are in the eyes of the majority, especially the poor people who always think of growing small gambling capital. Apparently, rich gamblers this is not practical for the majority, but it is practical for only losing small amounts.
hero member
Activity: 2856
Merit: 541
Leading Crypto Sports Betting & Casino Platform
It's correct, but we shouldn't like saying if gambling is only burn your money and don't be sad for that. Everyone will sad if they lose their money, but the beauty of gambling is for entertain. When we logged our account and bet the money we can afford to lose, we should feel happy during that time regardless what the result is. If we're not able to feel happy, then it's right to say we're not used to be a gambler.
Yes, the beauty of gambling is that it is for entertainment and when we have had that entertainment, we should stop immediately. Otherwise, we will be increasingly tempted to get more entertainment but the reality later is that we may end up losing more than before. And if we can't find solace in gambling, maybe we'd better not seek solace elsewhere. Thus, we also will not lose the money we use to gamble but maybe we can get something that we would not get from gambling. But if we still want to play gambling, we should not spend much money and keep every expenditure on gambling. 
The meaning of "money you can lose gambling" is money that you use to gamble and if that money is lost at the gambling table, you will be okay and have no problem with losing it. So if some people can afford to lose $100-$1k, they can afford to lose that much money and maybe they'll still return to the casino another day. As long as that person can still be wise in using their money, it won't be a problem because they must have thought before using their money. We should only use the money we can afford not to be too disappointed and sad.
It's correct, but we shouldn't like saying if gambling is only burn your money and don't be sad for that. Everyone will sad if they lose their money, but the beauty of gambling is for entertain. When we logged our account and bet the money we can afford to lose, we should feel happy during that time regardless what the result is. If we're not able to feel happy, then it's right to say we're not used to be a gambler. hero member
Activity: 2856
Merit: 541
Leading Crypto Sports Betting & Casino Platform
I have heard the advice that you should only use money you can afford to lose for gambling. I say that this is more theoretical than practical. Literally no one has money that they can afford to lose. I feel that money for gambling is a matter of opportunity cost. You either use the money for gambling or use it to meet a need. If using money one can afford to lose were practical there will be no need for articles on having a gambling budget or bank roll management. Hey gamblers my question is to you now is, the money you currently plan to use for gambling is it money that you can afford to lose?
No one will want to lose any amount of money that quickly, as we are all aware. But if I may state, what they mean by "money someone can afford to lose" is money that when someone loses it, it does not effect them as much. For instance, if you have $100,000 in your account, losing simply $50 to $100 may not hurt you as much as losing something like $50,000. As a result, I also think that if someone uses 1% of their funds to gamble, they won't be as concerned even if they lose. As for me, I still think it's wise to only gamble with money you can afford to lose since I know that even if I lose a little, I won't be broke. 
I have heard the advice that you should only use money you can afford to lose for gambling. I say that this is more theoretical than practical. Literally no one has money that they can afford to lose. I feel that money for gambling is a matter of opportunity cost. You either use the money for gambling or use it to meet a need. If using money one can afford to lose were practical there will be no need for articles on having a gambling budget or bank roll management. Hey gamblers my question is to you now is, the money you currently plan to use for gambling is it money that you can afford to lose?
So, it is necessary to understand very well what is what people consider as "money that can be lost, because everyone here considers that every dollar is precious and important in finance... .
To be clearer, consider that the money you can lose is all the money you use to buy ice cream to go to the mall, the cinema or to the bar with friends, it could even be the money you used to buy stylish clothes or shoes that you didn't need, understand? It's all that money that one way or another you would end up spending on something futile or not essential for your survival.
On the other hand, the money that you cannot lose is the one that needs to be used to pay the bills, pay for food, medicine, rent for your house or any other item that is essential for your life.
Planning is important because these expendable expenses vary a lot each month, so start paying your bills and use whatever is left over for gambling.
I have heard the advice that you should only use money you can afford to lose for gambling. I say that this is more theoretical than practical. Literally no one has money that they can afford to lose. I feel that money for gambling is a matter of opportunity cost. You either use the money for gambling or use it to meet a need. If using money one can afford to lose were practical there will be no need for articles on having a gambling budget or bank roll management. Hey gamblers my question is to you now is, the money you currently plan to use for gambling is it money that you can afford to lose?
Not everyone is as broke as you are, you know? When you have had your finances under control for years and you have savings and investments, you can spend some money on gambling just as you can spend it on dinner or drinks. It's not for a need, as you say, to spend it on a few drinks in a pub or gambling in a casino.
So yes, in my case I can afford to lose it. And I'm not the only one.
Yeah maybe he doesn't have allocated amount on anything and the only thing he have is his hard earned money that's why he cannot afford to lose it on anything he want to do with his money. But actually majority of people have allocated budget for gambling and that one is their excess money coming from the one they earn somewhere then they can afford to use that whatever happen to it. We see a lot of people goes this way that's also the reason on why we see gambler still happy whatever result they encounter.
reason on why you would really be making yourself that too impulsive and desperate on the time that you would be playing gambling because you are playing on the money or amount that is really that intended for
emergency or something that we can called life savings which you do know in mind that you shouldnt really be losing these funds because if you do then youre totally fucked up on this one. Its not nor never been practical on the first place in speaking on spending those funds in gambling.It should really be just on that extra money you do have and never ever have in mind that gambling is something that could be considered
as source of income because you are really that very wrong on having that perception.
People do usually be able to realize on things when they had already get devastated or had been able to experience unfortunate events which they might have able to avoid it earlier
if they are really just that sensible on what they encounter or on what they are doing.
I have heard the advice that you should only use money you can afford to lose for gambling. I say that this is more theoretical than practical. Literally no one has money that they can afford to lose. I feel that money for gambling is a matter of opportunity cost. You either use the money for gambling or use it to meet a need. If using money one can afford to lose were practical there will be no need for articles on having a gambling budget or bank roll management. Hey gamblers my question is to you now is, the money you currently plan to use for gambling is it money that you can afford to lose?
No one will want to lose any amount of money that quickly, as we are all aware. But if I may state, what they mean by "money someone can afford to lose" is money that when someone loses it, it does not effect them as much. For instance, if you have $100,000 in your account, losing simply $50 to $100 may not hurt you as much as losing something like $50,000. As a result, I also think that if someone uses 1% of their funds to gamble, they won't be as concerned even if they lose. As for me, I still think it's wise to only gamble with money you can afford to lose since I know that even if I lose a little, I won't be broke.
Hey gamblers my question is to you now is, the money you currently plan to use for gambling is it money that you can afford to lose?
Yes of course. That's why if I lose at gambling today, I'll try again tomorrow to try my luck at the same gambling that I lost at the previous days. If I had to gamble with the money I can't afford to lose, I will eventually become discouraged from trying my luck on something that is not paying off for me but rather costs me big money. You don't spend more than you can afford to lose on gambling and remains happy to keep gambling to the upper days or weeks without been fade up as a human being Jump to: