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Topic: What most gamblers do. - page 3. (Read 1061 times)

legendary
Activity: 3346
Merit: 3130
February 12, 2023, 12:03:38 PM
The problem here is that OP is assuming that the gamblers don't have savings, and I do not agree with that declaration. Not all gamblers are alike, some of them play it smart and know how to save some when they hit a big win.

Those who don't have savings are people who feel like they don't have anything to lose. And when they win big they spend all that money and do not save a penny, then they will be broke until another big win comes. That's how they roll. Risk it all to go big or go home.
hero member
Activity: 2170
Merit: 530
February 12, 2023, 11:46:55 AM
I think this question would have different answers from culture to culture. As far as I observe, people from rather rich and developed countries gamble for fun. Profits are seen as extra. They mostly enjoy the show so losing is part of the game.
But people from underdeveloped countries are completely different. They seek money, profit. They are more prone to addiction. Its all about how people struggle in life. Some people are cool headed. Some want quick bucks.
Well you are right, those are not so rich tend to gamble and gamble because they are thinking that gsmbling can give them huge sum of money and can give them the life that they are wanted, where in return it only makes them addicted and don't have a saving in the future. Rich people sometimes really used gsmbling to have fun but still rich people are not exempt from this, there are still rich people that using their savings and business as their collateral sometimes.
hero member
Activity: 2002
Merit: 534
February 12, 2023, 11:37:20 AM
I want to ask a question. And I need serious answer from this forum, and my question is WHY DOES A GAMBLER DON'T HAVE A SAVINGS.

I don't think this correct and probably you haven't met enough gamblers. It's a very general statement that me and my friends would say is wrong. Already from a young age I have been saving money each month in a bank account. And once I started gambling I made sure that there is a clear split between my money. A portion of my money each month I set aside for saving, trading and gambling. Where saving is the saves form and I don't really take any risks, investing is much more risks and means that my money can be locked in for a year or two before it makes any return. And then there is the third form, gambling, I already know from the start that there is no guarantee to make a profit and a high loss of money could occur any time. My friends are very similar and wouldn't use all their savings for gambling one day.
legendary
Activity: 2436
Merit: 1366
February 12, 2023, 11:29:38 AM
I think this question would have different answers from culture to culture. As far as I observe, people from rather rich and developed countries gamble for fun. Profits are seen as extra. They mostly enjoy the show so losing is part of the game.
But people from underdeveloped countries are completely different. They seek money, profit. They are more prone to addiction. Its all about how people struggle in life. Some people are cool headed. Some want quick bucks.
hero member
Activity: 2912
Merit: 556
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February 12, 2023, 11:23:46 AM
I've seen and I also know so some gamblers who are doing amazingly well and living their dream lives through gambling and from same country(Nigeria).
I want you to also understand that most of this things shouldn't be generalized easily because you found one or two persons who don't have savings and then Intend to judge everyone based on just that singular issues and that's not right and I'm sure if some of this persons work in a different field might also do same by not having savings, so I don't think it is an occupational issue but rather a personal issue.
Some people can live their dream lives through gambling, but not many can achieve it. What's more, many people still cannot have savings, and it's not because of gambling but because of other things. But it's still better than having no savings just because of gambling because it can create other problems for those people. But it's better if they can try to have savings and try to save it regularly. They can try to change their life using savings, especially if they are not involved with gambling. Of course, they can actually improve their lives without depending on gambling.
Indeed. Despite appearances to the contrary, gambling is not a viable strategy for long-term financial security. Instead than depending on chance, people should learn to save and invest their money wisely.

The ability to save money and manage your own money provides security and freedom to pursue your goals in life. Having savings makes it possible to do things like start a company, go back to school, or just relax and enjoy life without having to constantly worry about money. Everyone, in my opinion, should work toward establishing a stable financial base rather than depending on volatile activities like gambling for sustenance.
I agree with you. By trying to manage our money through saving money, we can start living frugally by not using that money for unnecessary things. And by saving anyway, we can start planning something that might change our lives.

Managing finances is very important if we want to achieve or change our lives for the better. And instead of using it to gamble, we can collect more money by saving it. And if we have used a lot of money for gambling, we can start to reduce it, and we just save the money while we tell ourselves that the money we save can bring a meaningful change to our lives. Everyone can start saving, but most people just say their intentions without any real action to start saving.
hero member
Activity: 1666
Merit: 513
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February 12, 2023, 10:27:11 AM
I want to ask a question. And I need serious answer from this forum, and my question is WHY DOES A GAMBLER DON'T HAVE A SAVINGS.
In my country (Nigeria) there are many gamblers who don't have savings and it isn't help matters at all. Most of these gamblers can't afford for there families but they can afford money they will use to gamble. So why are they not having savings that they can use to help there families in time of lack. Like they said, we save money so money can save us tomorrow. But these gamblers doesn't know that.

  -    I don't think it's all, maybe there are still some gamblers who when they win are still able to support their families. And I know a friend like that in the traditional gambling.

There are no savings saved, but when the gambler gets lucky, the winnings are immediately given to support his family. Maybe it's the same here with crypto gambling. like me when I won here in crypto gambling for 132$ immediately when I withdrew I immediately gave my husband the money for expenses and bills at our house. It's just that having no savings is a bit difficult on the part of a gambler.

If a gambler can win big money he must think of doing something or try to contribute for the family. But he is more interested in increasing his capital. He generally thinks that when his capital increases, he will have the opportunity to earn more money from it. Moreover, a gambler himself knows that his win or loss is uncertain so he always tries to keep his money in gambling. He is unable to support his his family from regular gambling but tries to do something good for the family when he wins big. This ‍situation happens with most of the gamblers life.
hero member
Activity: 3038
Merit: 617
February 12, 2023, 09:51:05 AM
They are not called gamblers if they don't risk. They risk everything including the future  Grin No offense to gamblers  Grin I think there are exceptions to this.

Not to generalize. Not all gamblers have no savings. Maybe some of the Nigerian gamblers have some savings, you just didn't met them yet. Some of them in crypto have savings after all the gamblers in crypto are also investors who kept some stash not just BTC but some other altcoins.
legendary
Activity: 2128
Merit: 1775
February 12, 2023, 09:35:22 AM
I want to ask a question. And I need serious answer from this forum, and my question is WHY DOES A GAMBLER DON'T HAVE A SAVINGS.
Your question reminds me of one of the sources I've read about gambling addiction and having no savings.

The factor is they are gamblers who don't have savings.
Quote
They “borrow” from credit cards, savings accounts, investment portfolios, retirement funds – anywhere there’s money or credit available – hoping to fund the one big bet that gets them back to even.

But if you’re out of luck and that pile of chips has turned into a pile of debt, the answer is not to go all in. The answer is to convince yourself to stop gambling altogether and seek psychological help for the addictive nature of the problem.

From several surveys for 2023, gambling has become a serious problem and has a high level of risk and severity, Another factor is that many countries have legalized online gambling sites on a large scale, which are easily accessible to many people with the Android phones they have, Gambling is a mainstay for many people who want to place bets from their savings, hoping for big profits, it doesn't matter that the savings are drained and used up without realizing it, that's the world of gambling.
sr. member
Activity: 952
Merit: 303
February 12, 2023, 09:06:20 AM
I want to ask a question. And I need serious answer from this forum, and my question is WHY DOES A GAMBLER DON'T HAVE A SAVINGS.
In my country (Nigeria) there are many gamblers who don't have savings and it isn't help matters at all. Most of these gamblers can't afford for there families but they can afford money they will use to gamble. So why are they not having savings that they can use to help there families in time of lack. Like they said, we save money so money can save us tomorrow. But these gamblers doesn't know that.

  -    I don't think it's all, maybe there are still some gamblers who when they win are still able to support their families. And I know a friend like that in the traditional gambling.

There are no savings saved, but when the gambler gets lucky, the winnings are immediately given to support his family. Maybe it's the same here with crypto gambling. like me when I won here in crypto gambling for 132$ immediately when I withdrew I immediately gave my husband the money for expenses and bills at our house. It's just that having no savings is a bit difficult on the part of a gambler.
hero member
Activity: 980
Merit: 947
February 12, 2023, 07:29:02 AM
Probably gamblers spend most of their time looking for a good event that will bring them a win, just like a trader spends a lot of time watching charts and analyzing them.

When you get too addicted to something, it can take up all your time. Now that we have access to the internet, we have access to a lot of resources that can allow us to find statistics for any sport, and I think it would take a very long time to study all this for each event.

In addition, the gambler will want to watch the game on which he made a bet, and if it is a weekend and there are a lot of these games, then it will also take a lot of time to watch them. A gambler always has something to do, but it will not always bring money.
hero member
Activity: 1344
Merit: 565
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February 12, 2023, 06:35:17 AM
I've seen and I also know so some gamblers who are doing amazingly well and living their dream lives through gambling and from same country(Nigeria).
I want you to also understand that most of this things shouldn't be generalized easily because you found one or two persons who don't have savings and then Intend to judge everyone based on just that singular issues and that's not right and I'm sure if some of this persons work in a different field might also do same by not having savings, so I don't think it is an occupational issue but rather a personal issue.
Some people can live their dream lives through gambling, but not many can achieve it. What's more, many people still cannot have savings, and it's not because of gambling but because of other things. But it's still better than having no savings just because of gambling because it can create other problems for those people. But it's better if they can try to have savings and try to save it regularly. They can try to change their life using savings, especially if they are not involved with gambling. Of course, they can actually improve their lives without depending on gambling.
Indeed. Despite appearances to the contrary, gambling is not a viable strategy for long-term financial security. Instead than depending on chance, people should learn to save and invest their money wisely.

The ability to save money and manage your own money provides security and freedom to pursue your goals in life. Having savings makes it possible to do things like start a company, go back to school, or just relax and enjoy life without having to constantly worry about money. Everyone, in my opinion, should work toward establishing a stable financial base rather than depending on volatile activities like gambling for sustenance.
hero member
Activity: 1316
Merit: 787
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February 12, 2023, 05:30:00 AM
WHY DOES A GAMBLER DON'T HAVE A SAVINGS.
Because they are already addicted to the type of gambling being played. A gambler who has no savings is a gambler who has been hypnotized by the victory he has felt so that when he loses, the gambler will continue to try to find more money to return to play in the hope that he will win again after losing enough.
As many people say, a gambler with no savings is a gambler who is irresponsible with his finances.
He has nothing else on his mind but to find money to gamble.
legendary
Activity: 3500
Merit: 1354
February 12, 2023, 05:02:34 AM
I want to ask a question. And I need serious answer from this forum, and my question is WHY DOES A GAMBLER DON'T HAVE A SAVINGS.
In my country (Nigeria) there are many gamblers who don't have savings and it isn't help matters at all. Most of these gamblers can't afford for there families but they can afford money they will use to gamble. So why are they not having savings that they can use to help there families in time of lack. Like they said, we save money so money can save us tomorrow. But these gamblers doesn't know that.

How do you know about it? Did you make a valid research by doing deep investigation of many gamblers in your country? Or did you use a specified study created by other?
If you did not do any research and it is just based on a small sample size (maybe few of your friends), then you cant say "many" or "most".
If you use a specified study, can you please share with us about the result of the study/research?
Anyway I do not doubt that there are some gamblers who do not care about their own families, such gamblers does exist but there are also some other gamblers who can manage their money wisely.

hero member
Activity: 3024
Merit: 629
February 12, 2023, 03:33:53 AM
I want to ask a question. And I need serious answer from this forum, and my question is WHY DOES A GAMBLER DON'T HAVE A SAVINGS.
Every gamblers are different so you can't be certain that once a person is gambler then he/she don't have savings. Because many gamblers are able to balance their finances, one for leisure and the other for important things and that includes their savings thus don't generalize.

I can only think of a gambler don't have savings if he/she is a compulsive gambler who can't control himself when already playing.
hero member
Activity: 2912
Merit: 556
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February 12, 2023, 02:25:09 AM
I've seen and I also know so some gamblers who are doing amazingly well and living their dream lives through gambling and from same country(Nigeria).
I want you to also understand that most of this things shouldn't be generalized easily because you found one or two persons who don't have savings and then Intend to judge everyone based on just that singular issues and that's not right and I'm sure if some of this persons work in a different field might also do same by not having savings, so I don't think it is an occupational issue but rather a personal issue.
Some people can live their dream lives through gambling, but not many can achieve it. What's more, many people still cannot have savings, and it's not because of gambling but because of other things. But it's still better than having no savings just because of gambling because it can create other problems for those people. But it's better if they can try to have savings and try to save it regularly. They can try to change their life using savings, especially if they are not involved with gambling. Of course, they can actually improve their lives without depending on gambling.
hero member
Activity: 1484
Merit: 928
February 11, 2023, 04:30:46 PM
There are indeed many reasons why people gamble too much to the point they do not have money left for their families, but whatever the reasons this is wrong, if a person wants to live a life in which they only care about themselves then they need to avoid having a family at all costs, once you have a family you need to put them first and if that means not gambling anymore as you do not have the money to do it then so be it.
The only reason why I think someone will gamble  much to the level that he won't be having anything left for his family is just gambling addiction, if you are not addicted, then am sure we should be having limits when gambling and whenever the limit have been reach, we should try and stop gambling at that moment, but addicted gamblers don't really have limit, they stop gambling whenever they don't have money left with them. How will you have a family and you won't have a savings, I don't think that's really making any senses, incase of emergency what will you do?
hero member
Activity: 602
Merit: 442
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February 11, 2023, 04:13:26 PM
I've seen and I also know so some gamblers who are doing amazingly well and living their dream lives through gambling and from same country(Nigeria).
I want you to also understand that most of this things shouldn't be generalized easily because you found one or two persons who don't have savings and then Intend to judge everyone based on just that singular issues and that's not right and I'm sure if some of this persons work in a different field might also do same by not having savings, so I don't think it is an occupational issue but rather a personal issue.
hero member
Activity: 700
Merit: 577
February 11, 2023, 03:56:59 PM
I want to ask a question. And I need serious answer from this forum, and my question is WHY DOES A GAMBLER DON'T HAVE A SAVINGS.
In my country (Nigeria) there are many gamblers who don't have savings and it isn't help matters at all. Most of these gamblers can't afford for there families but they can afford money they will use to gamble. So why are they not having savings that they can use to help there families in time of lack. Like they said, we save money so money can save us tomorrow. But these gamblers doesn't know that.

The simplest and shortest answer is due to their addiction. Instead of feeding and meeting their obligations, they would rather choose the selfish route of personally satisfying their greed for their addiction in gambling. This definitely also affects ultimately their savings and emergency money, which is also the reason on why majority of gamblers are high on debt.

If you know someone who is a gambler, then now is the time to at least educate and support them in solving their addiction in this dangerous habit. Not only are they slowly destroying their lives, but they are also affecting the people around them.
The question OP asked is not applicable to all gamblers, there are some gamblers that have savings in they account and that savings is not gambling, when the gambling account has been exhausted they would not touched their savings account. Those gamblers are rare and they are very much disciplined. And they are not so much addicted to gambling. As I said it is not all gamblers that empty their account for gambling.
legendary
Activity: 2716
Merit: 1383
February 11, 2023, 03:07:01 PM
There are many things comes up to our mind if we think about it but For me it depends on the gambler itself if he/she addicted to gambling then we can say that they don't have any savings they don't have peace on mind cause if they are addicted and when they loss then for sure they are very hot-tempered small mistake goes big. While if a mild gambler then they have have enough money for thier daily needs and wants but don't have savings and if a small time gambler who gamble for fun the for sure they have a good savings .

There are indeed many reasons why people gamble too much to the point they do not have money left for their families, but whatever the reasons this is wrong, if a person wants to live a life in which they only care about themselves then they need to avoid having a family at all costs, once you have a family you need to put them first and if that means not gambling anymore as you do not have the money to do it then so be it.
hero member
Activity: 2730
Merit: 632
February 11, 2023, 03:05:22 PM
I want to ask a question. And I need serious answer from this forum, and my question is WHY DOES A GAMBLER DON'T HAVE A SAVINGS.
In my country (Nigeria) there are many gamblers who don't have savings and it isn't help matters at all. Most of these gamblers can't afford for there families but they can afford money they will use to gamble. So why are they not having savings that they can use to help there families in time of lack. Like they said, we save money so money can save us tomorrow. But these gamblers doesn't know that.
I am a gamber and we are from the same country, but am saving, so I don't know why you said gamblers can't safe money.

The only thing I know is that addicted gamblers can't safe money, their is a diffence between gambler and addicted gambler. A addicted gamber can do everything possible to get money to gamble, they don't care selling their properties just to make money to gamble, they don't care taking loan just because they want to gamble. A gambler that can take loan just to gamble, how will they have savings? I believe if the are having savings, they will have used it and they won't have to take loan, but if they have used all their money to gamble and they believe the only option left is to take loan then they will go for it.
Anyone could really save and it is really just that there are people who are really that not good when it comes on making up decisions basing up on what they are currently dealing with.When it comes to savings then this is really a personal choice on which if you do know that you do have only that ample amount or just sufficient for you to live on with then it wouldn't really be that ideal if you do really be spending it up
into things specially gambling on where you could potentially put up the risk.There's no way that you could really be able to do it from time to time since each person does have their own
level of discipline and control when it comes to their funding.
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