Bitcoin Forum

Gambling is for the strong and sturdy.
 I got this caption based on what happened when I visited an old friend of mine as it's been long since we saw, and so, after a little time out together with random discussions I discovered a sudden change in his mood while we're still chatting. With a steady look on his phone in his hands for about a minute or more as he scrolled up and down the phone screen repeatedly he shrouded his shoulders with a simultaneous regrettable look all over his face.
I took the phone from him only to learn that my friend has been calculating the whole series of losses he has made from all the bets he has placed from one of the gambling site he patronize. He had made a multiples of losses in almost all the games he had placed bet on  right from the start of this year, even to the current bet of that very day.

But then he asked me' bro assuming I had gathered all these money I have lost through gambling and channeled it into some sort of a little business or project, wouldn't it have been better!  At that moment I never knew the exact word to give to him as I never expected such deep a question, for the least I replied him was "hmm I can't really say".

With this, I wondered if other person's here in the forum that are into gambling too has at any point in time thought or felt that way, particularly when the losses are becoming overwhelming. And in that case, should such person stop gambling and rather divert such monies into something else since he/she ain't making corresponding wins or more, checking his bet history, Or he should carry on with hopes that winnings will start creeping in someday gradually?

Likely your friend is an addict that have spent huge amount of money on gambling, the best would be to just channel huge amount of money on something else. If he is feeling tempted and not able to use small amount on gambling, he should leave gambling for many months without visiting any gambling site or place, he should focus on business.

It's a well known fact that if you gamble a lot, you will most likely be a loser at it. Gambling is not a job for most. Yes there are some profitable sports bettors, poker players, and in rare cases blackjack/slots players. Overall though, a very high % of gamblers are down lifetime. Casinos know that the longer they can keep someone gambling, the better chance the house edge catches up and the player loses.

Only gamble what you can afford to lose and don't try to make it your job.

There come a time in the life of a repented gambler and he will start thinking he is not going the right part for him and that is the stage that your friend is and this is because he is not making profit and having a quiet moment to having a rethink with you as a second party seeking approval. He simply needs a help and willing to try the help but remember a gambler is always a gambler, he might still go back to it and this time with greater commitment with the brightest hope of winning big. However, if he will win big or not depends on his renewed strategy.


There are people that will go through that because it is normal to do a check on yourself after sometime but in gambling, the real addict don't see anything wrong losing because they always understand there is a winning day for them. Gambling is getting more popular and it is as old as humanity so you always have more numbers of newbies than the numbers of quitters and quitters later rejoins.

Gambling are for those seeking for entertainment and not for those seeking money source. Gambling is designed that house will always win no matter what kind of strategy player has because all the gambling games is based on luck.

Even a strong mind or will find gambling a very difficult game if he is looking for a source of income rather than for entertainment only. Only Poker and Blackjack that card counting is applicable are can be categorized as source of good funds if you have skills on it.

Based on your topic, gambling is a general thing and not for a specific kind of person, apart from those who are underage. Either weak or strong, anyone can gamble so long as they have an interest in gambling. Your friend is regretting his losses, but he should have known better that gambling is not a consistent source of income. If he probably likes business, then he should invest in business and then use his profits for gambling (just a suggestion, not advice).

There are people who find it difficult to handle losses in gambling, but when a person can't handle losses, the best option is to quit.

If you depend too much in gambling you'll end up drowning in regrets later on. I haven't had that feel, neither have I ever sat down to calculate all the money I have wasted in gambling thorough out the whole year and even if I did I'm sure I won't feel anything because of the amount I have used. After all gaming should be for entertainment not for a means to earn passive income.

When we are asked to always allocate a certain amount for gambling, there's a reason for it. When you're able to control the amount of money that goes into gambling at the end of the day you won't have much regret, but if you're the addictive type that does not know how to control yourself I'm sure you'll end up in Op friend's shoe.

I suspected the same because only an addict will gamble to the extent of spending their entire life savings on gambling after all, we all know how gambling intensively and consistently can ruin one life, so we are advised to gamble with an amount we can afford to lose.

Ops is in the worst situation and only total withdrawal from gambling will help him.

Gambling Is for anyone that is interested and not for the strong only. That your friend is a chronic gambler from the way the story is narrated. Your friend have to know in gambling the more you gamble the more you loss, out of 100 games played by a gambler, it is only one to three is likely to be won. And the last statement of the last paragraph in your has completed your friend's mind. That is the only slogan for real gamblers, so even you advise him to stop gambling definitely he will come back again because it part of him now. So I will only tell you to advise him that he should reduce his betting rate so money can be diversify to do other things in his life.

There could be a chance that there is/are individual/s here who have felt the same way like the friend of yours. Moreover, can't really answer it for them but if you try to divert your attention to other stuff fully then you can possibly do it, with persistence and discipline. Gambling in fact shouldn't be considered a way to ease your life, yeah it could be but thinking normally it shouldn't have to be considering the high risk involves in it.

I feel like here the mistake is that he only sees the losses and not the wins, I don't think he is in profit for the long run but his loss can't be calculated just with the sum of all his lost bets, the wins must be part in that equation.

And if he is feeling that way, maybe he is in time to quit gambling and start saving money to invest in a project, if that way is more profitable and less stressful for him, then it is time to take action.

Once you asked this to yourself then you are not gambling to have fun and you are not comfortable with the money that you are using to gamble, once you gamble and you lose money the right mindset is to forget it because there is no such thing as free entertainment you're buying it on casinos, that is why casinos whether online and offline promote themselves as an entertainment portal, not an investment site.
You only regret the money that you lose in an investment company but not in gambling because in their terms they tell you to play with money that you can afford to lose, if not then it's your fault.

don't think gambling will provide a way out, moreover it can be a job that provides a definite income, your friend may already be an addict and it must be stopped before it gets worse, so far there have been many cases for example SBF betting FTX money at online casinos and maybe many other cases so don't expect that gambling will bring you a lot of money. play with what you can afford to lose not because you are a strong person.

The important thing is to play gambling with responsibility because we use money. Even though it is free money, we still use money. And if we already feel that our losses have increased, maybe it's time for us to stop gambling, maybe forever because we didn't get good results. If we can divert the money to other things that might be more useful, we will get the benefits.

But we can also keep gambling, but with a note that we have to be very responsible with the money we use and really can't exceed the limit. Maybe this time, we have to be more strict in using money to play gambling and be able to control ourselves as well as possible.

first, when you want to play at the casino, you must have financial strength. so that if you lose, your finances will not be affected. it all depends on the control you have.

Next, come to the casino to have fun. not adding stress. what your friends are doing is playing with big ambitions. so the more he loses, the more challenged he is to win. and when he realizes he's got big exhaustion, he's going to get pressure.

however, there will be more money we spend on gambling than what we can win from gambling. when a gambler is aware of that, then they will not regret their loss.

Well, he already is regretful, he could start self-exclusion this time and see if it does work for him. It's always not good when things are done too much.    Just as what they are saying, it starts within the self. Casinos are here to enjoy, anything more than that and done so chronically could mean more loss. So it's up to him if he fights the dream to win big. It's never wrong to dream for the future.  :D

     Gambling is meant to tempt any person whether they are a gambler or not. Because gambling is for everyone and no one chooses it in my opinion. Especially with online gambling.

     All money and possessions should not be consumed just for gambling, because all excesses and shortages do not help us. So we should only gamble with the extra money we have and not because we just thought. So we should only gamble responsibly without affecting the family we have.

I think everyone will experience that kind of irritation and sudden change of mood if a person was soaked in gambling. I have strong will and good control on my bank roll but still I experienced this kind of mood whenever I lose my bank roll despite I’m playing moderately. The only difference on your friend case was he might be experiencing too much loss that usually result to long term depression and mood swing which is very hard deal.

Human mind is very hard to measure if we can handle gambling effects or not therefore it’s impossible to categorize if we are strong enough or not.

That's what gambling does to you. You lose and chase the loss. It's like a carrot hanged in front of a Donkey and you are riding it. In the Donkey case it does not lose anything but the master gets what he wants. But in gambling you lose your hard earned money, bookies get what they want.

Gambling is for donkeys unless you are paying for the fun knowingly like you pay to watch a sport.

Gambling is for everyone who wants to gamble in any casino, regardless of their reasons, the important thing is that they can get what they want to gamble in a casino.

       Because gamblers have different reasons, some players gamble just for fun, and others gamble because they consider it a source of income, and others gamble because they have an addiction to it.

Not all gamblers are strong, some really fall into this trap and become more greedy, unfortunately a lot of bad news already happened before with gambling, i believe they are too emotional and loss a lot of money. I guess we all have this kind of scenario where we chase losses and thought to play more, again many didn’t succeed on this one. So if you have a friend who most likely will gamble like this, better to remind him and tell to your friend to move on and forget that losses. Being too emotional are not good as well in gambling, avoid such emotion.

He cannot undo it anymore. Hope that your friend learned a valuable lesson from that experience.
I've been there too, there were times that I thought I can make gambling as my source of income but it turned out to be the opposite.
Just enjoy playing. Set limitations and remember to follow them.

That's right, of the three types of people I can say that, people who only aim to have fun he knows when to stop and when he has to play and he also uses money he is ready to lose. The type of person who makes gambling as a source of income, at this level becomes more dangerous because usually they will continue to play until he really wins and he forgets the limits when he loses and has to stop. And thirdly, this is the most dangerous, because people who are addicted will usually do everything they can to make their desires play fulfilled and usually people like this will quickly be destroyed by gambling, because they really don't know when to end the game while they still have money to bet.

I'm a gambler, but I don't go that bad.
Expecting victory and greed are the main things that trigger stupidity in gambling, it looks like your friend is no longer talking about fun but is already looking for a win that depends on the luck given by the gambling platform.
maybe he should realize that gambling is not a place to make money or income but rather for fun. He must realize that there are no rows of rich people anywhere who gamble except the owners of the gambling.
the right decision if diverting the flow of funds to other fields and making gambling only entertainment or calming when under stress.

I don't think there really is any argument that your friend should divert theor money into something more positive.  Investing into something is way better than spending all your money on gambling.  Gambling should be a fun activity and really bet what you can afford to lose.  It sounds like your buddy has an issue.  I hope the best for him.

it seems to me that the person you mentioned here has a strong greedy nature, in the end, those who are greedy will only make it difficult for themselves and the people around them

I know it's not easy to stop gambling, especially for gambling addicts but if there is no change in himself, it's impossible for the person to come back. for me gambling is only for the smart and also have stable emotions

I think the majority of us also think that way when they once won in a game. When I won more than $100 the first week of playing dice I already thought I could play dice all my life. But it's not winning all the time in the next few weeks. Another few more of loss and then I decide it's not for me, maybe some other games.  Still not winning and then I tried looking for what others are doing and how they win. Finding ways to win is probably the beginning where gambling has really made into your mind and it's getting harder to control.

OP's friend is already counting what he could have saved if he didn't gamble the money. It's still not too late, he still could make money and not gamble it all. The best part is that he is already in crypto so he can invset in BTC.

Lol, I laughed  😄  because of the topic, Gamblimg is for the strong 💪. Yes, I agreed with you but the strong we are talking about here is for the gambling addict, right? It's only a gamble addict that can give more attention to his or her bet than a friend and that makes him more tightfisted, I wish him more strength.

I never thought of the same thing your friend asked you.  Since I only gamble funds that I can afford to lose, there is no regret whatsoever that came to my mind whenever I suffer a series of losses in my consecutive gambling session.

If your friend wanted to know the answer, then he can start trying it the moment he thinks if he saves that money and sees for himself whether what he is thinking will happen.  At the end of the day, it is his funds and he is the one capable to change his way.

we have to put things like this:

Let's give an example of a person who has a monthly salary of $400. that person takes 100$ and pays rent for the house and 100$ buys food, 50$ pays the electricity and water bill. 50$ he uses for fun, in this part of fun he does the following: he stays in bars with friends consuming alcoholic drinks, and that person's life goes on at that pace every month, nobody gets angry with him for leading that life

now let's go to another example of a person who has a monthly salary of 400$. that person takes 100$ and pays rent for the house and 100$ buys food, 50$ pays the electricity and water bill. 50$ he uses for fun, in this fun part he does the following: he stays in online casinos playing, when he loses all 50$ monthly that is destined for the game he stops playing and waits until the end of the month to have another 50$ to play and if he wins then he will have more money in the bank to continue playing. friends and relatives will not be criticizing him for his lifestyle

my point with these two examples is to show that everything in life requires self-control, if your friend starts spending money that was for expenses on gambling then he has problems, he is addicted to gambling, what do you need talking to your friend was about the self-control you need to have in gambling to not sink into addiction and go bankrupt and end up in those places where there are crazy people

You are right because gambling doesn't have anything to do with emotions and what have you, as for the friend he may have gambled with what he can't afford to lose which is a bad state of mind because if care is not taken he will be suffering from gambling addictions.
Because for him to have said the money he gambled with is enough to set up a business means he already lost a lot and he needed to give space to rejuvenate and build a positive mindset because with his current state if he doesn't quit he will keep losing which will be the worst stage beyond his current state.

To be honest I also felt it before when I was gambling.
If I accumulated all of it and just invest it on crypto or hold it instead of gambling it, I could have saved up some money, to spend on aomething much more important.
That is also the reason why I keep on creating new accounts back then when I want to gamble so I couldn't back track all of the money that I gamble, cause I know that if I would compute it or look back to it I would just regret it if I would ever lose.

I am sorry that your friend lost a lot of money, but next time, gambling isn't something to rely on as a life changer, some gamblers believe that gambling is the only way they have to get rich in life, this is very wrong, derive fun from gambling with a very small amount of money. If you turn gambling into your primary source of income, you are in trouble because your greed will grow by 30% every day and get even worse after you win some money. There is also no escape because you will keep coming back for more.

Personally, I'm not so sure. I mean, sure, there's definitely a risk involved, but that doesn't mean you have to be some sort of badass to handle it. There are plenty of other factors at play, like luck, strategy, and self-control.

So what do you reckon? Is gambling just for the strong, or can anyone give it a shot? I think, as long as someone understands the potential dangers and is able to handle them responsibly, there's no reason why they can't try their luck at gambling. Of course, it's important to be honest with yourself about how much you can afford to lose. But as long as you approach it with a level head, there's no reason why gambling can't be a fun and potentially rewarding activity for anyone to try.

I wonder how it feels to make gambling a source of income, this is comprehensive to me because I can't imagine it gambling is a high-risk activity and shouldn't be taken seriously unless you win a big amount that one can save some amount as a base balance in case of loss and what to fall back to.

-We need to build a mentality that will prevent us from falling into an emotional state that could make us become vulnerable to take an informed decision.

You mentioned losses being overwhelming and asking how people feel. I think the big problem with gambling is that people expect to win. With expectations comes disappointment. The one way to make sure that you are enjoying gambling is to use it as entertainment. You place a bet on a game, you watch the game, and it’s more exciting because you have skin in the game. Making a bet hoping to win money because you need it is a bad situation that you don’t ever want to enter into.

Huge disappointments come in the end if a person has bet the funds that he can't afford to lose. Sometimes we are carried out by our emotions and tend to bet more just so we can recover from our losses which usually end up in the worst situation. I agree that gambling is for strong people who can control themselves and don't put too much emotion into gambling. Right from the beginning, we should be responsible enough to set limitations and have the proper mindset toward gambling.

I don't think gambling is for anyone but we all need to experience it ourself. It is the same for investing in stocks/cryptos, there is always a risk involved, especially if you can't handle volatility. With gambling, everything can go good and then you can have a bad streak, loose a lot of money and you will start tilting. Only invest/play with money that you are willing to loose. For me, gambling is just for fun and to get some excitement even when betting with very low amounts.

Gambling is not for the strong and sturdy. Gambling is for those who mastered self-control and has lots of extra cash lying around. You can be strong and sturdy mentally and emotionally and still see yourself giving in to the temptation of trying to chase your losses. If you have mastered self-control, you wouldn't even think of such a thing; you'll just move on and come back to enjoy yourself or try again once you have the spare money to throw at the casino. It's great that your friend knew what had to be done, and hopefully that realization of his be channelled to him finally establishing that business.

Gambling is like shopping for strong: money lost, and what you achieve is rarely definitely worth it, but you still like the process... I also had times when I lost quite a sum due to gambling, so I changed tactics upon my betting. Now I dont stake much money, while it is not easy to control the monety to bet...

Regretting is also a human behaviour so thinking about changing something which happened in the past is not possible as of now so there is no point of thinking about it. Well, gambling means spending money and if someone thinks that they can make more money if they choose other assets for investment then they are gambling with wrong intention.

Gambling is for everyone and we can't judge who is strong mentally cause its not visible like physical fitness so their actions and decisions can decide whether they are capable of being a disciplined gambler or not.

Gambling is for those who understand what gambling is and what is not, when you cannot control your urge and you are gambling within your means you are a worse gambler and you need help to stop the urge.


Many of us do, I once came to a point where I need to stop or control my urge to stay gambling I choose the latter and tried my best to control it, limiting your time online and doing something more offline will help somewhat help your addiction if not then its time to meet a professional, you have got to do something if you are feeling guilty on something.

What do you mean by strong? Strong to resist the effects of the negative impact of gambling?

Actually, it's common to feel regrets and big disappointment after a big loss as that was human nature. We can't avoid that feeling that even professionals and big gambles also feel that feeling. But what matter here is, keeping in the state of a calm mind and being responsible after every big loss.

Gambling is for strong can be rephrased as "to always try to be a responsible gambler" as much as possible.

Obviously we cannot change the past but we can plan and change the future.  If there is a feeling of regrets on losing certain amount in gambling, then I think it would be better for a person to stop gambling.  If he don't stop, he will live his life in regrets which is not healthy.


I definitely agree that gambling is for everyone but only the strong willed can survive and resist gambling addiction.


I believe the strong there is for someone who is able to accept  the losses from gambling and move on with his life as if nothing happens.

Well, I think your friend sucks at betting probably, though it is very possible to not win a bet for some time, but if someone who is really a serious bettor should bet from the beginning of the year to this very moment, he or she should at least, have more wins than losses.

Betting requires steady research, it's like crypto trading, it requires some level of skill or knowledge, to really become a profitable bettor, you need to watch and follow up matches, don't just bet blindly and leave everything to luck, if you do, you will probably end up in more losses than wins.

And to answer your question, though I've lost and won some and most bets, I have never for once had thought of the possibility of using the money I lost in betting for some thing else, because I knew it was a gamble from the onset, and every gamble carries risk with it, the reason you friend is feeling the way he's feeling is because he didn't win, if he won, he wouldnt have even thought of what better he could have done with the money he lost in betting.

There’s a lot of gamblers who consider this as for fun only and that can be consider as a strong approach when it comes to gambling since you are able to control your emotion above all. Many are strong enough to overcome this kind of addiction while some are not so I believe, the way you handle this should be more responsible enough not to get addicted, if you have weak self-control that can cause problem to you later on.

Someone who's on a losing streak and is thinking of recovery is chasing his losses. It's proven that only a few get to that point of winning back their losses and the majority is just losing more. Yeah, gambling is for the strong people and those gamblers that have been staying on it are the ones that can do a lot and adjusts too much. And when you're no longer lucky as you get a losing streak, that's the time that you need to realize that there's something wrong already and you need to stop and do it some other day again for you to control your losses and frustrations.

Gambling shouldn't be seen as a job,in order to keep us safe from addiction. Your friend is an addict and I guess that he has being chasing his lost to the point that he never noticed that he has lost so big. Advise him to go on a break on his gambling activities so that he can have time to think which source of income that he will channel his money to. If he can't go on break then he should reduce his bets,this might discipline him a little. This is one of the regrets that we experience when we don't gamble with only the money that we can afford to loss. Yes there are still people like that in this forum, I was once a victim.

I think that in gambling, the condition of regret is actually not that important because regardless of anything, even though there will be lots of regrets, the results will still not change unless we really try to change that.

But for gambling this is obviously very difficult to do because indeed looking at the conditions, I think we will still agree that gambling is obviously always difficult to control from an emotional point of view so when you regret and return to the same pattern in gambling then the cycle will not change much and it will actually get worse.

You have the right mentality towards gambling because there is a need to keep your gambling habits in check and to avoid losing heavily you should develop working tactics and set limits on your gambling activities.

-it is better to try as much as possible to avoid excessive gambling chasing previous losses is the fast way to lose some more, and the best advice is to take a break at regular intervals.

as he already asked the OP that what if he used that money for business? so why not change from that moment? for sure, the funds that he will save from the moment he noticed about his losses will be significant later on. change while you are up to it. because if he will chase his losses, he will incur more losses.
hard to do but yourself alone will be the instrument to change your life. no one can control your thoughts.

You know that kind of feelings you get when you're very sure that the bet you made is hundred percent coming but to surprise you it ended not being the right choice and you loose, you will discover that immediately your mood will change abd everything about you got not your attention anymore because you have made a very big and costly mistake for being overconfident in gambling and the earlier the best that gamblers should understand this in gambling that we cannot be too forward proving too know, not only when the results is out, everyone remain on the edge of risk whenever he gambles.

Reality speaking, it's really tough to handle the situation where especially if we experienced a heart-breaking loss that we don't know how to move on from. It's a challenge to consider after being in a losing experience and how can we overcome that sad feeling. Unfortunately, others can't accept what happened to them and struggling how to return to their usual self.

Gambling is not a joke. Don't even consider just playing gambling for fun even while always losing and the loss amount is said to be afford as that was all bullshit. For gambling to be fun, winning should be the one to always take place.

It is not matter of perceived weakness or strength, but rather about a person liking to have those rushes of adrenaline and emotion that come with putting money at stake on a casino. It is entertainment after all.

The ideal case is not tracking one's losses, that only incentives the person to continue to gamble with the hope of overcoming those losses eventually, which we all know it is very unlikely and the chances get worse as time passes. The true strength of a gambler is to let go losses, forget about them and to know how to stop. I do not see a valid reason to write down negative numbers and make one's life a little bit more miserable or harsher.

For him to regret his actions, he must definitely be an addict and have not just bet what he could afford to lose. Gambling is just a fun game. You win, you win, you lose, you take it so; that's why we are always advised to wager what we can afford to lose. Betting too much that's above our budget is primarily caused by greed. Always desperate to win, after a recent loss, you try again, hoping that the next will enter. Just little by little, you will wager what you can never imagine. The temptation to not give up on the next one might always be there, but the ability to overcome it is what will save that person from regret. 

Adding another risk after doing an already risky action?

How sure that person will have another lucky win that will come to him? And even if does happen, are we sure that the person will start doing the things they planned originally during the time of feeling regret after a loss?

Sometimes, we are good at planning the supposed thing to do once we win. But when the actual winning happened, we will just continue to do gambling and will disregard those plans because of the thinking that we are currently lucky on that said session.

No, gambling is for smart, not strong. Gambling in a smart way, accept your loss and play again later. Don't play when you knew yiu lost and then try to chase your loses coz you will only in worst case. Which will only end up start on becoming addict.

Yeah, gambling is indeed for the smart, but if you read the OP, I believe you would understand the context op is coming from, and also understand why he said that gambling is for the strong 💪.

In as much as I believe that gambling is for the smart, I still believe it is for the strong as well, strong at heart, not just physical strength, it takes being smart to constantly win a gamble, but on the other hand, it takes being strong to bear the losses and keep playing, most especially, when it seems the gambler is loosing far more than he or she is gaining, mental strength is required to not go crazy, and maybe quit gambling, if the gambler is not addicted.

Gambling is truly a matter of luck + skills (in some games). Those who can't take the losses shouldn't do it at all, because the ones who are unable to bear with it are the ones who do not deposit something they can't afford to lose. Trying to recover losses is another bad way to keep gambling because that way, you'll get more demotivated if you keep losing more. Not winning for a long time doesn't mean that you can't ever win in a game, but for that, only play with what you can afford to lose and won't regret later after it's lost.

Gambling is actually not for the weak and one actually needs to be strong both mentally and emotionally to stay relevant in gambling.
There are several sayings and believes associated with gambling and a chronic gambler would tell you that one is supposed to make at least one bet in a day as you never can tell which day would be your day.
One thing most gamblers battle with is the ability to draw the line or even know when to stop not until they go bankrupt and I've once had a friend who beyond all odd, would rather prefer to gamble no matter now small the money might be.

Definitely, I think in some point in time, we have thought about this how much money and time we wasted and instead of it into gambling, we could have been buying other things in our life, or just the very simple attitude, put that money into good used.

And then the old again will enter in our mind, "play what you can afford to lose".

So it's going to be a case to case basis for individuals, whether they want to continue gambling or not.

yeah, I did and I am certain that a lot of people here have thought the same thing. if you ask me, these kinds of thoughts cannot be avoided at some point they'll think and ask themselves the very question your friend asked you.

Ideally, yeah, stopping to gamble and using the money for much more productive stuff would be the best course of action, but in reality, it would be very hard to do.

Gambling is not for people who can't control themselves when playing. Because if you're this kind of person you'll only end up with unbearable losses and regrets on why you gamble instead of using the money to more important things (like what op's friend realized).

There's nothing wrong to try playing since gambling is fun and exciting. However this depends on how you treat it, so ask yourself if you're just playing to kill time and entertain yourself or has a desire of winning huge because if the latter is your main reason, you'll likely spend money beyond your limitation for chasing this goal. Thus, before you gamble keep in mind that it's extremely risky and winning is not guaranteed therefore play with low expectation to gain.

Well, such a person would do well to consider whether to invest the money in more productive things, such as buying bitcoin, rather than continuing to use it in an activity where he will lose money in the long run by having the odds stacked against him. The downside is that buying bitcoin won't give him the excitement that gambling does, but it's a much better way to spend his money.

In gambling, some of the money can be considered spent on entertainment, but if you say that the losses are overwhelming, it is a sign that it is no longer just entertainment and the thing has gone out of control.

Many people seek gambling as a form of entertainment and sometimes it could be used to gain more money by somehow focusing on playing gambling like their job and setting aside other important things just the playing of it, not all the time do gamblers win games it's just the luck base and not always this happens better if you have tons of money and just willingly get entertained with this expensive habit. Better as always consider your current status if you are afford to capable to play gambling or just even make a limit with yourself.

His gambling attitude naturally suggests that he is an addicted gambler. I don't know how big his winnings are but no doubt that he always big bets he makes. Moreover, he himself said that he chose this as his business. As a result, his investment is much higher than the average gambler. And here is the proof of his addiction. If he manages gambling by freeing himself from the addiction and can enjoy the pleasure from here without turning it into a business or a tool for money gain, then gambling will definitely not be a major disaster for him.

    -   What do you mean gambling is only for the strong? Are they gamblers who can lose gambling or bet big on gambling or bring money to the casino to gamble?

Because gambling can bring us entertainment while we are bored, it can also cause us to become addicted to it, and it can also give us a lot of money if we are lucky and above all, it can also cause the destruction of the family if we are careless. a gambler

this happened with me  many time, i lost money in gambling after all i decided to run an ad campaign for my business by saving the money i lose in gambling, by which i can get more sells per month, and it worked i got 15% to 20% more sells than previous month,
money i saved without wasting in gambling and investing in business earned me , i can go to a trip with my family.
in gambling we can earn money so fast and that money also go so fast,
and if you have money that you are willing to waste or lose, because you definitely gamble for fun(you know you play for fun or.....)
gambling with some reasonable amount is very entertaining, may be one time we got lucky and win a big sum of money, but most commonly many will always lose.

maybe the OP meant that for those who want to play gambling, it is better for those who are mentally and financially strong. although the goal is to have fun and anyone can access it. what is feared is the risk of addiction from novice gamblers. if you don't have good finances, it can really affect your financial situation, which can be messed up because of gambling. all also depends on self-control.

Gambling is not for the strong or a lot of money but for everyone. But if everyone who gambles only hopes to win a lot of money from gambling, they shouldn't approach gambling because not many people can make a lot of money from gambling. Only really lucky people can earn a lot of money.

If you have experienced a lot of losses from gambling, you must stop gambling and leave gambling to start a new life again without gambling. Gambling will not make you rich without luck; luck cannot always come when we gamble. Maybe you are still gambling, trying to control yourself but still, you can be tempted to use big money to gamble. So instead of experiencing another defeat, it's better for you just to stop gambling.

no matter how strong a person is, both mentally and financially, basically he will be fragile too when all his money runs out, even people who have a lot of money playing gambling will fall into poverty too, sometimes people don't control themselves before they fall, this thread can actually be used as self-reflection to stop before lose everything, believe me gambling cannot be used as a steady income let alone a job, even from 100% of players there is only 1% luck, gamble wisely  ;)

Well, as they always say, you should never gamble more than what you can afford to lose. But your friend definitely didn't follow this since he lost a significant amount of money in gambling that as he said he could use for something useful for himself like a business or something. So it is not just for the strong but it is for those who show discipline and follow the rules that everyone should follow.

Gambling should be taken only as a source of entertainment, that's why you should only set aside a specific amount for gambling and shouldn't play more if that amount is lost. That is the only way one can save yourself from getting completely bankrupt.

       That's why it's important to just gamble for fun and not think about winning, because I think if this is the style of a gambler or player, I'm sure that winning while enjoying gambling is second only to the happiness of a gambler.

       Then it's better and nicer when you win gambling that you don't expect because if you expect to win gambling for sure you don't realize while you're waiting to win you don't notice that the amount you lost is big and then you don't enjoy it.

Quitting gambling is a very difficult task for a person who is addicted to gambling. Because gambling addiction makes him forget his normal behavior. So he is constantly addicted to gambling.  And can't think of anything other than gambling very easily.  He sees gambling as an easy way to get rich

Those who choose gambling as a profession.  They can never progress in their life.  It is possible to get rich by gambling, but not everyone's luck is ready for it. Predictions for sports bettors can be made through the performance of teams in previous games, in which case predictions work most of the time.  So from here it is possible to win most of the time if one has good knowledge of sports. But gambling can never guarantee profit.  So everyone should have a fixed job.  and using gambling only as a form of entertainment

Yes and no. If gambling is for fun, then you don't need to be strong when you want to get some adrenaline in the evening and bet a couple of bucks. But if you set a goal for yourself to make money on gambling, then for this you will need many different qualities, without which you will not be able to win in the long run.

For me, gambling seems too tiring if it is considered as an activity for making money on an ongoing basis, for me it is more difficult than monitoring charts in trading. And losing between when I play for fun and when I plan to make money on it is perceived differently, which adds additional difficulties.

Gambling is not an easy job. Looking at it every minute makes you psychologically tired and distressed. It is not a job that every person can do with patience and effort. You need to take your own risk and determine what you can lose. For this, you should have some limits when betting. You need to enter by taking the risk of losing and not think too much about the bet you make.
If it's going to cause you so much trouble and affect your life so much, you shouldn't get involved in gambling at all.Otherwise it's hard to get out of here.This is actually like an addiction and when you don't play, you feel like something is missing in your life.This time, as you spend time here, you start to get away from other things.

Exactly those that don't have to balls to withstand losses should avoid gambling in totality as it will not help them in any way because, in the end, they will always end up being sad from the results of their bets or games sessions.

-Gambling has a lot to do beyond just luck and those coming into gambling based on luck without skills or preparedness for rainy days, Experienced gamblers are already used to this and that is what always gives them the guts to continue even when they lose some time.

Predictions do not work most of the time. The name says it all. In order to be successful predicting sports you have to put in the time and effort along with doing tons of research to give yourself the best chance to be correct on your prediction.

No matter how strong your desire to win a large sum in gambling is, always try to keep yourself in hand and not give in to false urges. I'm just judging by myself since I've never had big wins and just even if I use the available free funds for the game, it's just for fun.

I hear this quite a lot from people advising others to stop their drinking or smoking vices. I guess your friend has turned his gambling into a vice as well if he already asked you that.

Nobody would know if his little business or project would have generated profit if he decides to divert his money so this is probably a case to case basis. Does he have the skills to run a business or make the right investments? I think you were right when you responded "I can't really say".

The answer you gave is the best answer for someone in his situation. He was gambling to win, because he expected to make money so he kept spending money gambling, now he regrets because his expectation has not been met. If he was not gambling, there is certainty that whatever he had put the money into will not land him in this same position of regrets. Tell your friend that what is done is done, and money gone is gone.

Yeah best advise to give is to move on and learn from his mistake since if he still regret those losses for sure he cannot move on fast with that. Maybe add up if he can't afford to gamble maybe he need to stop and find other ways to entertain his self like making his little plans came true since for sure this could help a lot to save his ass away to gamble back again.

There are 2 types of people who playing some gambling games, the 1st type is the people who seek fun wherein they have positive attitude whatever the outcome. They are playing for them to satisfy their dopamine and also their desire. The other type of gambler is the one who seek money, the one who want to extract money from the gambling platform but only few are able to make it and majority of them having ginancial disaster because they lose big amount of money in gambling.

I'm a type of gambler who seek for fun but also there are times that I want to win and extract some money. The thing is, I have strong mental fortitude that helps me to decide well in gambling. I usually bet in NBA games, Esports games and other betting games that requires analysis for me to have a higher chance of winning.

That is addiction which is created when a person cannot really think of a side project or business like your friend only when he saw that he had lost that huge amount of money started to think about.I was in such situation in the 2020-2021 as I only cared to hit the spin button on slot machines not caring much what was happening to me and this was exactly as I had no side hobby,every money I made from mining I lost it in slot machines in different casinos.Luckily in 2022 I searched about this option of staking coins to get additional passive income as this was what I was trying to do in the slot machines,trying to hit a jackpot to improve my way of living which is a wrong approach.Since I found that I can stake different coins I keep doing it and every time I got some urge to gamble I deposit in my wallet where I stake coins and add the number of staked coins so I can make more money passively.

Trust me as I have been betting from a long time,it is better to get assured income rather than waiting for that big win.

In the past, I also often suffered defeats like what your friend felt, after that I stopped opening gambling sites and started thinking for a while. The constant defeats that befall me are not a factor of being unlucky, it's impossible that every time I play I often lose, my friends can win at any time while I very rarely win.

After I watched and studied my friends play, I started to find bright spots in playing. When fighting the system, I have to use reason not lust, reason can control emotions when I'm losing or winning. If you keep playing when you lose or win, there is no balance left because the system is very hard to beat. Stop playing for a while when the position is not profitable, if you continue playing you will lose all of your balance.

the first thing your friend should do is take a few months off and stay away from gambling before things get worse. if the effort to stay away from gambling is successful, then you give directions to immediately open a small business or something else that makes your friend more busy unthinkable by gambling.

I give such advice because I have told you many times that I was devastated very badly by gambling and lost all my valuables and all my money. after I realized I avoided gambling and all kinds related to gambling after I could control myself could stay away from gambling I made a business to forget gambling and after that I got married. and after getting married I returned to gambling but always planned a budget for gambling without having to exceed my budget limit. so when the gambling budget is a few dollars for a week and it runs out before the specified time, I will not make another deposit and my wife always reminds me.

so the advice I give is from my personal experience.

What the OP is talking about looks like not only his friend has this because my friend has the same thing every time I see him he always stares at his phone very seriously and he gambles.
and suddenly he complains that he always loses and when he won before he keeps playing because he hopes to win again and wants to make up for his previous losses, and also says he wants to work or do business to forget the bets he plays almost every day, and with I totally support him and I also encourage his changes.
and finally not long after he got a job and after spending a month he worked, then he stopped doing the habit of gambling every day and he says he still plays in his spare time or only on holidays. Even then he had to do it by dividing his time for other things.
and I conclude that being busy or working is the solution for gambling addicts to reduce their gambling activities, because gamblers who mostly accept defeat will continue to play because they have no other activity besides gambling and only rely on money from their parents.
and I asked my friend what made him change, first because he couldn't gamble for a while, working from morning to evening cleaning, eating and watching television or entertainment on social media and then taking a break because he felt tired.
and secondly, he regrets, if his hard-earned money is used for gambling and although he still does it in his limited free time and only for entertainment.

and even though my story is not entirely successful, at least it can reduce gambling activity and restore intention, and if indeed the intention is true at least don't experience large or continuous losses and also be aware that gambling is only for entertainment. And gambling will be a little profitable if we don't keep playing and also limit mods and games because luck will spin because if we often play and get wins or luck but after experiencing many defeats.
And if we rarely gamble and when we win or are lucky we still get small wins, because before we didn't play much and also lost.

Personally, I consider myself strong because of my many bad experiences in gambling. When I was new to gambling, I made a lot of mistakes, and learning wasn't easy for me. However, I eventually learned how to become responsible in gambling. The first thing we need to know as gamblers is  understanding the risk and our chances because if we understand that, we will know that losses are just part of gambling. We also need to learn how to control our emotions as it can lead us to disaster if we can't control them.

This kind of entertainment is for smart people. Dumb people should not gamble as it can destroy their lives. What happens to them will be blamed on gambling instead of blaming themselves for poor decision making. That's why responsible gambling is highly advised, or else you'll suffer a big defeat.

The thing is, OP's friend is not aware that he is now addicted to gambling and that is not good, if that happens to your friend maybe you should try to give him advice so that he will stop gambling for now or for his entire life because as what you can see, he is slowly having a regret and soon it will turn to hatred or maybe he will go and gamble more often than before because he wants to return what he lose. Everyone might feel this thing but gambling needs a strong emotional capacity as well.

Addicts always have regrets or feel guilty whenever they experience a loss. And when they win or are on a winning streak these thoughts are far from them. As a friend to your friend, speak to him and help him quit gambling because obviously he needs your help. Anyone who feels this way is just an irresponsible gambler who has failed to set a gambling budget.

The most important thing for gamblers to realize is that gambling is an activity that carries risks.
I am sure that most gamblers know very well, that the probability of winning that we have is smaller than the ratio of losses that we will get. Gamblers must realize that activities involving this one hobby should not be used as land for earning income.

So, gamble according to your means. that is, a gambler must accustom himself to playing with money that is ready to lose. plus, without having to always chase every loss that has been experienced. in the case of your friend, there is an old saying. that regret always comes too late. I mean, that your friend is sorry for all the money he has lost on his gambling. most likely, that your friend is a gambling addict. So, IMO, your job as a friend is just to advise him. plus, giving him an understanding of gambling. also, telling him to make gambling just part of the fun, without harming himself.

Many of us here doesn't even have a business or a side project but no we didn't became an addict. It's only up to our control plus each of us must have other things to do in our life. By doing them, we are not heavily exposed in gambling and reduces our chance of becoming an addict to it.

When we gamble, we are actually aware of what we are doing but we only got carried away of that small wins we are getting and in our minds, we said that need to continue to able to find a bigger win. Add in the eye catching graphics and the nice sounds of that slot machines which make it almost impossible to stop playing on them but one is only forced to stop once they have no more in their balance.

It's great that you came back on the right path. Your idea of diverting your attention to staking is nice but you shouldn't be guilty to gamble small. Just practice a self control and you will soon enjoy gambling without problems like the rest of us.

I think his friend had already taken gambling as a vice and has some kind of awakening that he is wasting money thus the thinking of regrets and the what ifs.


Still diverting the money to business than gambling is much better.  Who knows, the person might have a knack for business.  So his friend can try, oftentimes people learn things when the situation is on-hand.  Others even discover their hidden potential when they are in the situation.

He won't came up with a title like that for no reason. Just read the thread contents and you will see why he choose those. Gambling is not for anyone but there are restrictions whether it's in country, religion, and age.

Most of us play gambling with one thing on our mind, and that is to win a profit. We almost forgot that the possibility of losing in gambling is very high and once we lose we just regret it badly. This is what happens to the friend of the OP, that is why the OP thinks his friend is too weak to handle his losses.

If we are on his shoes I think we will also feel the same because the amount that he lose are kinda huge but his friend should not regret it and think that he better put the money on other things because gambling still provides him a different kind of fun and thrill that can't possibly be experienced anywhere else.

First of all, tremendous context to OP narrative story.

 Friend, after the pandemic I was submerged in delivery-pickup, it is almost every day, my wife tells me that it is at the level of obsession.

 Then I thought wow I have spent a few extra dollars that I could have saved, but since I could spend it, it's okay.

 Likewise the bets if it is money available for that, no problema, is like to enjoy hobby.

 For gains you have to move your "skill", really, so, there are loss compensation in many ways, just find them.

It's nice bringing up this discussion to the forum, as you never can tell, there might be gamblers like this here facing such an issue and yet don't know what to do, of which any piece of advice given here will likely go a long way to these gamblers.
So for me, I will kindly say that gambling is not meant for everyone, and if you happen to notice it's not working for you, it's better you just give it a break, rather than continue and go bankrupt (I.e lose all your funds).

Secondly, I will advice you that in such case a gambler should try to gamble an amount he/she can always afford to lose, so that in case it doesn't go as planned, you won't get disturbed

Gambling has not so much to do with the good or the bad or who is strong or weak. We all have our down sides in life, and some are addicted to gambling. Still others have other problems and/or other addictions. But of course you don't gamble and lose for fun. I don't know if a human's DNA has anything to do with being prone to gambling or not. And there are also people who play poker and gamble just for fun. Then that has nothing to do with a strong or weak personality. Weaker and more susceptible people are more likely to fall back into a gambling pattern.

Relatively few people will choose the first option to stop gambling and start another business to recover their losses from gambling, we need to recover finances in the least risky way. But if you choose the second option then you better consider that decision because gambling is not a job recommended to recover losses, even if you don't have good self-control in gambling then the amount of loss will increase. But anyone is free to choose any option as long as they have considered their decision.

I think people gamble because of 2 reasons only, they want to earn money and get an entertainment. Addiction isn't a part of the reasons, it is the bad impact of too much gambling and caused by gambling with careless way. However, gambling is mostly for entertainment. It is difficult to expect earning regular money from gambling, especially from the luck-based gambling games.

Of course. There are many weak gamblers, those who gamble in careless ways and have lack knowledge about gambling. People who have no good self-control can be categorized as weak gamblers, too. People who become greedy, it is because they don't know well what gambling is. If they know it, they must realize that being greedy in gambling is a big mistake.

Not just in this community, I think majority of the gamblers around have some kind of thoughts about their losses and the 'what if' scenario. And I guess everyone losses that we have, it will just crossed our minds. But it's always late and those are regrets and we can't go back and get our money back. So it will always be that question that are going to crossed our minds. So as gamblers, we have to fight it mentally, if you can't then you should stop gambling because it might really hit a toll on you. Or everyday after a big losses, you go to sleep but still thinks of the money that you have lost that night. And then if you are already ok then you can go back to your gambling activities again.

No matter how we try to account for how much we spend on gambling it is always hard to spend within our limit just that what makes the difference is the extent everyone within the gambling cycle goes about theirs. Regret is for the weak as well, I never regret any amount i gamble with. If i begin to gamble out of control i try avoiding anything bet until i subject that urge to my own will

His friend won’t be acting like that if he is just an occasional gambler who also gamble at a minimal amount. Surely he’s now regretting all his losses from gambling and wishing he hasn’t done gambling in the first place. In this case, if you think you cannot control yourself over gambling, maybe because you see gambling that can give you great profits or you can earn living from it, then leave gambling for good. Gambling casinos will always have the edge over players, so gamblers should always know that and gamble responsibly.

The title of the thread is at odds with the story presented. It doesn't seem like this person is strong, but in fact they are weak and lost. If they were strong they would not be second guessing whether that money could have been better spent elsewhere, it seems like they consider it a very wasteful pursuit and wish they never put so much into it. Unfortunately when faced with that scenario, what a real strong person would do is - accept all the losses they have made up to that point are unrecoverable and stop betting entirely if they want to break the habit. If they've made losses and are regretting it, every single new bet is only compounding the longer term problem and will lead to further unhappiness.

Some time is given in for deep research connecting various nods to make a prediction that is near accurate but still depends largely on luck and chances, which is why prediction become a popular phrase in sports betting and other sporting events.

-in most cases predictions never work even if one consults tons of sources through research.

that's what you would call luck is also in play on this betting game. despite all your efforts of researching about the sports, athletes and all the news that comes with it. and your old knowledge about it, still you will miss some of your bets. because every match or game, you won't know how the athlete will perform inside the field. this is where you are blind. you will only know his or their capabilities once they are playing. sometimes you will only learn their injuries after the game is over.
and that is why you called it prediction because if you are 100% sure, then, that's not prediction anymore.

Your friend just needs some rest. He must be stressed out with all his losses and it is clouding his mind now. Perhaps regrets are sinking into him and it's not good mentally.
About the experience, I have never been to this point of time yet and I don't think I will. Savings, investments, and the budget for gambling are all separated so there's no reason to think about it.
Maybe your friend forgot to invest first, that is the best choice for a lower-risk profit and you could just let it rot there while gambling it's a continuous spending of money with high risk. If I were at your place answering your friend's question, I would've said yes to him. It might give him some time to rest a bit at gambling while looking for good investment options.

Should I say there is positive regret and negative regret. If you regret and do not think of anything bad like killing yourself, but believing that there is still hope for you that you can start new and be a better person, that kind of regret is good because it is like a mad person that has finally realized that he is mad and getting to his right state of mind back. Those that see gambling as a way they think they can make daily, weekly or monthly income are like a mad person. He has realized his mistake, this can help him against gambling addiction that put him into trouble.

a gambler who realizes that if he is an addict, he will very quickly recover from gambling and leave gambling or be able to control himself more when he returns to gambling. those who realize that they are addicts who have spent the money will be more easily given suggestions for getting better. because usually gambling addicts who are addicted, they don't realize what they are doing as if they have forgotten themselves.

in this case, the OP friend should at least do something good soon before the thought of gambling again arises. because addicts will change their mind very quickly, especially if they are holding money and of course they will return to spending their money.

If your total loss for the year is more than you can afford to lose, then something is wrong. Gambling should not be seen as an investment, hence we shouldn't use funds that would have been used to utilize business opportunities to gamble. Your friend might be gambling more than his capacity or have a gambling behavior disorder. I think he should take a break and evaluate his income so that he can determine his gambling limits. He shouldn't go back to gambling to recover his loss, it might lead to more losses. Let him cheer up, it is not the end of the world.  

You will never make it in life if you do not take risks. The same idea applies to gambling, but it must be done responsibly. I follow a couple of guys on Twitter because of their success with sportsbooks, and I see how they stake large amounts to win larger amounts in millions (NAIRA), but there is something fascinating about those guys: they will tell you that if you don't have the same amount as them, don't follow them and wager large amounts. The statement is underrated and from your story, it is something your friend lacks; if you want to take a risk, do so responsibly; don't do anything you will later regret.

I bet we have already known all of that because no matter what the level of your skills and expertise in gambling, we also need luck to be on the winning side even if is not all the time, what makes it more fun is that we never know what the outcome of the game session will be so we have to rely much more on luck.

-And also players need to get themselves prepared for whatever will happen and at some point even if the result of the game didn't go in your favour they have to embrace and move on.

I think gambler mind should be calm. I would not say its about power like, its for strong or anything. But gamblers should consider that it was their own indspe decision to keep on gambling. If they lose a lot, it should be realized that they needed to expect those losses and stop somewhere. Gambling is for cautious people. People with great nerves. Imagine playing cards and your facial expressions should be ice cold, otherwise they realize what's wrote with you. Bad play etc.

This is the common feeling of a gambler coming up after a string of losses. But still, gambling is a place where you can get carried away with winning. In every piece of advice it is clear that gamblers must be able to control their emotions, because only that can stop bigger losses.

Nope, it will only bring gamblers to a greater level of regret.

I cannot really say that gambling is for the strong because it is a sort of entertainment and if we are to follow the rules of a responsible gambler, then everything should be alright. I assume OP's friend is gambling an amount that is not within its limits. Otherwise, you won't make any regrets. You won't regret anything that is done within limits. There were also times that I spend over my limits and it is not good. It was a bad experience but I rather not overthink things that already happened. There are too many things to think about and analyze that can bring us a positive outlook. So we rather move on, learn from our mistakes and change into better persons rather than continue to risk amounts that are beyond our limits for the sake of getting back our previous losses.     

You should consider this....

Does that friend calculate all the money that he spend on movie tickets or payments to NetFlix or Amazon Prime ...or all the takeouts (food) that he paid for?

Yes, there might be better ways to spend that money, but what did he or she get out of that? I gamble for entertainment and also for that rush of excitement that I get from a big win.... so it was money well spend.

Could I have spend that money on better options... Yes, for sure... but what stress would I have had, if I did? There are time for work and then there are times for fun... gambling should be fun... not a way to make money.  ::)

Man, I have heard of this narrative many times before and even now, not only this is applicable for gambling, but also with other vices such regular smoking (most cases), drinking, and some other unnecessary spendings. I have heard a lot of friends, parents, relatives and other people telling someone who's regularly spending into something that, if he tried to accumulate all those spendings, he could've bought a brand new car. I literally laughed at those narratives, because it is very ironic that these people who've said it don't even have a car and they weren't even spending like the way these gamblers or heavy smokers/drinkers had in their whole lives.

So, we all have our own passion and preferences, if we all are the same, I bet all of us now would be a businessman lol.

Your friend is addicted for sure.

He can't stop gambling even though he incurs losses already. He don't want to stop gambling because he wants to recover his money back. Even though he is losing that much money already, he doesn't want to stop because he can't afford to just lose the money he loses in gambling and choose to gamble more. He can't move on from his losses.

On the other hand, I'm gambling as well, but I can't consider myself as a strong person as well.

This is the problem with him.

Assumptions, dream of recovering his losses. An assumption that he will recover his money back, but the reality is that it will remain as an assumption because he is losing more money than gaining more. Little business or project? Maybe you friend needs to wake up from the reality, and I hope you can help him in his addiction.

My cousin is very similar, every time I see him he looks constantly on his phone. You can't have a normal conversation without him looking multiple times on his phone. He isn't gambling or placing sports bets though, he is only playing mobile games. I have never played these mobile games where you see advertising everywhere, I can't understand how someone can be addicted to these games. My other cousin is addicted to social media and constantly uses instagram and other apps. It's sad to watch them being on their phone all the time. When your friend is struggling with gambling than you should help him. One way for him to reduce his gambling activities could be to make a summary of all his losses to let him realise how much money he lost in the past with gambling.

He is not a gambler who is able to control his finances, your friend lets everything flow and it seems as if gambling can get bigger profits. Believe me, nothing can beat the house when you have difficulty controlling the money to keep at stake. What your friend is experiencing is a type of addiction that will continue to eat away at what you have until everything is drained away.

In fact, any advice still won't be able to change his principles of gambling, because to do that all depends on his awareness that is in him. From the beginning, he gambled to get more, not for fun.

The story of OP's friend is a reason for all gamblers to think. Is it worth spending your money anywhere if you can manage it differently?

Imho, instead of spending money on gambling, I would rather invest it in some altcoins (and even better btc). Reliable and proven, which can bring profitability. This will be better than betting, which will be much less likely to win.

I am aware that investing will not have the excitement and drive that is present in gambling. Then it turns out that people pay for the pleasure of the game in their own way, and the ghostly probability of winning is just a bonus? It turns out that you need to separate investment (the desire to increase money) from entertainment (the desire to enjoy the game with a low probability of increasing money).

Gambling destroys people slowly. People who are addicted to gambling can never live a normal life. Maybe they win a bet or two but lose most bets. I have seen people around me who indulge in gambling never lead their lives well. In fact, no matter how much money you have, gambling will quickly lead you to ruin. So as much as possible a person should be controlled from this gambling addiction. Even if you have an addiction, it should be limited and not taken to high levels.

investing in crypto is also another alternative when you really lose at gambling you should look for other alternatives to look for ways to get capital money back from that alternative because if gambling continues you will continue to experience losing even more money, so there must be other alternatives to make up for the previous loss . although gambling and investing are not much different.

Actually, gambling and trading are almost the same but the only difference is that you can learn trading for years and can easily predict how the market flows gambling is different since you are just relying on the statistic if it's a sports gambling but on games and example is roulette which you are just relying on luck.

Hmm, I think the most appropriate one would be "Gambling is for the risk takers". Simply because in gambling, there's always a risk of losing. The moment you decided to gamble, there's already a certain percentage of you winning or losing the game. Your probability will not only depend on your knowledge, strategy, and luck, but also to the rtp or odds of your account. That is why it is important to have the information, knowledge, and skills at the very least to fill the gap from luck and odds.

Adding to the reason why it shouldn't be 'gambling is for the strong', gamblers tend to be fragile and weak the moment they lose track of what repercussions lie ahead during they give into addiction. Not being able to discipline yourself isn't for the strong. Letting your emotions take control over you instead of setting it aside for your aim isn't a characteristic of a strong person. Just like your friend, he got carried away on chasing winnings and perhaps chasing the fun to the point he lost track of reality. Then now, he's suffering the consequences, the regrets and what could have been's if he only did better. But it's not yet too late though. He can still start over from a clean slate and make progress his future self would be proud of.

But these are quite two different concept, (I.e spending on gambling and eating good food), because just as you stand to be well nourish, healthy and live long when you get good food, when it comes to gambling you stand only to either win or lose your funds, which at some point can lead to depression or joy respectively. Because just as you said you Gamble for entertainment, I could notice that O.P's friend was gambling for the sole aim of profit, which is why when it didn't work the way as expected, he felt frustrated.

The point is that gamblers should use only money they can afford to lose for betting purposes. It's usualy a weekly or monthly budget that won't compromise your finances. So regards this friend of yours, he shouldn't use any extra money, like personal savings for gambling. Since he follows this rule, there is no issues as the money used will have been previously scheduled for that purpose, and if he is going to be in loss on long term that is also normal, because in gambling most gamblers lose on long term.

Gabling is not about being strong, but mostly about being lucky with a little of cold head. Being strong, taking risk decisions isnt enough to be successful. It does not matter if you are confident or not, never hesitate on making a first step if in the end you lose.

Imho gambling is for everyone. Each person is individual. Everyone get their portion of emotions in their own way. Each seeks something individual in gambling. Even those who is a mumble can be successful in gambling.

But why would a person want to make money by gambling? I thought everyone knew that gambling was for fun. How is it possible for someone to believe that money can be earned through luck? Although the house may have a small edge, it will be evident in numerous games and the total wagers.

Poker and some card games will be different because you are competing against other players, but there is also a part of them that requires luck.

As a result, I can conclude that gambling is not recommended for people who struggle with self-control because it can lead to addiction.

It was the opposite and they are not the same because if those professional traders that have been learning for decades mean they can now easily predict the market? if so are they rich right now? (few of them, yes but they go into businesses) it is not easy as you thought as the market changes all the time and all of us wants to adapt to it and also no one in the world can predict the market. With gambling there are things need skills or statistics but again most of them are about luck which is not the same.

Different people have different reasons for gambling. Personally I do gambling only for fund and to pass my time in boredom. I enjoy the experience and would not be affected even by loss. But some people are dependent on gambling income. For them, it is their only source of income. If such a person is mentally weak, it can cause a lot of problems for him. He will make a lot of mistakes while gambling. Another downside is that such a person will not enjoy the experience also. So I suggest even weak hearted to do gambling for fun.

It is strong when it comes to emotional strength and not in terms of physical strength. A lot of people do not consider the strong mental framework that you have in order to become a successful gambler where you are aware that losses are inevitable. There are some truths in gambling that we should always remember before we wager our money, some of the truths is being aware regarding to the money that we will wager that it is uncertainty where everything can happen. Before we think about the money that we could earn in gambling, we should first think the money that we could lose if our prediction or our bet did not happen.

Gamble responsibly, there are a lot of people who are mentally fragile that got sick because losing huge amount of money in gambling. It is true that gambling is for the strong so better if we will train our mind and our self to become strong.

The truth is that as a gambler, you have the right over your gambling habits. And before you engage in gambling activity you must be able to bear loss. If you can't bear loss don't engage in gambling. Gambling is a risky activity and as a gambler you need a self check and self discipline and also another source of income. If you do not have another source of income is better you invest in other business other than using all your money to gamble because there is no guarantee of wining.

It will only destroy you if you are a weak kind of person and you will easily fall for the bad side of gambling but if you are strong you will not fall for them and only use gambling to improve your life. If one is addicted in gambling living a normal life is difficult. They can't focus on other important things in life or worse is they are not doing it anymore but it is possible for it to be treated.

There is a thread here last time about gambling test. it helps us know if we are becoming an addict already or not. We need to take that so that we can take immediate actions before our symptoms gets worse and it is now hard for us to get out of our addiction. I found the thread and here is the direct link to that test: https://www.psycom.net/gambling-addiction-test.

It's not only gambling for the strong, but anything in this world is only for the strong because if you're not strong enough you will get beaten by a person who's stronger than you. If you're not strong in your company, other person can replace you, if you're not strong to become a father, your wife will ask to break up and you will be lonely etc. Gambling is only for the strong because you need to have a good money management and strong mental, otherwise you will become an addict.

The majority of gamblers one time or another suffered from serious and overwhelming losses, maybe when they are starting out, or while they are playing after a few months or even a few years, there will be a point in gamblers' time where their weakness will eventually show up.
A gambler's real strength is when he overcomes addiction or he knows when he needs to stop or take time to think he is still in control of what he is doing, actually what we are in gambling is a true test of our character.

Gambling is for everyone.
Not all gamblers in this industry are down to make huge bets, some are just here to enjoy even if they are a few. Ofcourse if you have strong intentions or desire to win, then you have to be of a bigger bettor, and a 'stronger' one. Losing will always be part of the game and battle will be between your endurance and luck.That is just how pwerful the concept of money is. Gambling involves money which creates high hopes for its plaers. Ofcourse gambling is meant to just pass the time but due to the involvement of money, things do change for those who are seeking for it. High chances that many plaers were here to have fun at first but eventually they will have an intention to win. Everyone wants to be rich. If exoectations won't be managed then that is where things could fall down in an instant.

I have an issue with the title of this thread. I actually expected quite a different story. What does it have to do with being strong when you gamble, lose a whole lot and keep going regardless? Like, why is that strong? Couldn't it also be stupid?

As has been said here before it is just a matter of time until you are out of luck if the odds are mathematically against you, and they are.

Those players, like people winning big tournaments in poker, there are many examples for so called "pro players" who also went broke after staying in the game for many years. Everyone thinks you are a genius when you win the world series of poker, but everyone who has watched some of those summaries knows that the way to get to the final table was incredible luck for those who did. Imagine just how many coin flips you have to win over the course of a multi-day tournament or how lucky the card set ups are. If you have aces and the opponent has kings, there is no genius involved when both go all in. But nobody talks about the lucky hands in retrospect. Everyone just thinks you are genius and won $8 million because you are so smart.

But the problem is many people who are not strong at gambling will become even more curious about gambling and use more money. But gambling is for everyone who wants to do it and is not limited to people who have a lot of money or don't have a lot of money. Gambling temptations can make people play where they started gambling because they were curious about how much others had earned. But along with the duration of playing gambling, it makes them get the problems that we often encounter in gambling.

And if they are not strong in controlling themselves during gambling, they will not be able to win but will instead lose many times. That will make them desperate and regret their decision to gamble before but they cannot return the money lost at the gambling table because everything is gone and nothing is left.

Emotionally weak people usually fall into gambling addiction because they can't control their emotions and even their urge to gamble. Gambling is not for emotionally and financially unstable people because those who can't manage their emotions will also have a hard time making firm decisions. Those who are experiencing continuous losses tend to bet more trying to recover their losses and usually fall for a deeper gambling addiction so being emotionally strong to face uncertain and upsetting situations is necessary when it comes to gambling so we'll know how to deal with the risk of losing.

You don't need to say anything more about the actions your friend took, the decision he made was right, your friend was aware and he thought long and hard about his future, we cannot continue to live in the world of gambling, we all have real and real lives that we have to think about and live.

I planted it in myself, I entered the world of gambling, I must have a goal and retire someday, I must really think that a business, project or own business is very dreamy.

I think your friend has a perfect life goal, stop gambling and do business, that's something that needs to be supported.

Gambling and investing in cryptocurrencies are too much different than each other in nature, but, you can say that it is a gamble if you invest your money into a project or a token without doing any research at all, in that case, you are just gambling your money away, and the outcome will totally depend on your luck.

When investing in cryptocurrencies, you have the option to choose the best and also the worst, and that depends on how you want to play with your money. Also, a gambler wouldn't really have enough patience to invest in a cryptocurrency and then wait until it goes up so that they can get a profit, they are in habit of getting results very quickly.

I smell copious amounts of regret on from the statements he gave out, which I don't really see as a bad thing because at least he recognizes that he should've instead invested the money to something worthwhile instead of burning it in the casino. In that regard, I will say I have not regretted gambling, not even when I lose. You're right, gambling is for the strong and sturdy, but it is also only for the people who exclusively see it as a form of entertainment. The moment you see gambling as a means to garner profit in one way or another, you're already in deep, deep trouble. Gambling isn't something you should think of if you wanna get money because its main purpose is to funnel all your money into the casino's pockets.

Lol, advising him to stop gambling and do business is like Placing him in another quandary. Business and gambling I will say is the same thing done differently. 
They are some persons that doesn't have any other source of income than gambling. This people even use the money made from gambling to establish and sustain other businesses. Gambling itself is a business, it all depends on the way u do it. I think #a different business will be the right word. Gambling only seems to be a wrong business to people who uses wrong strategy.

It depends, if you are spending too much money each time you start a gambling session then maybe it is time to reevaluate if you are getting enough out of gambling compared to the money you are spending, personally this has never happened to me because my gambling budget is very low and I think of it in the same way as I think of any other form of entertainment, so as long as your expenses are along those lines then there should be nothing to regret.

I would unequivocally say yes, because gambling is just entertainment.

None of us knows what starting a business can lead to. You will either become a successful businessman or you will lose your business. But whatever the outcome, you'll test yourself, learn new skills, and make new friends. It's all worth it to try to start your own business. And you will always have time to gamble.

I strongly believe this notion because gambling needs a lot of calculations, endurance and consistency, as a gambler you have to be calculative in other to choose the part you roll in gambling I mean the particular bet and how to predict them fairly because I can't say accurately, you also have to endure no matter the loss that may occur, for you to win you have to be consistent always so it takes a strong person to take such decision.

And only when we lose do we begin to appreciate. Your friend should stop gambling if he loses large sums on a regular basis this may end badly for him as he will try to win back all the lost money and as we do it will not end well. Better to stop in time and get a good lesson.it is better to start saving money for the future and then he will decide for himself how to use it.

It's not gambling that is for the strong. Investing, taking a risk, starting your own company... We could argue that all of it is for the strong.
When we decided to have a child I didn't know how it would be, didn't know what to expect, but I was positive. The reality was much harder. We had sleepless nights, times when we didn't know what to do, days when we just wanted to stay in bed. Many people give up at the sight of problems, but those who endure do well in life.

Your friend is just weak and he has to go through this to become stronger. If not in gambling he'd face difficulties in business, family, or any other part of life.

People dont usually hear up others opinion and advises no matter how close you are with your friend on which he would really be doing on what are the things on his mind no matter what.
Its none of your business on what he would gonna do with his money.

The important thing is that he do enjoy on what he's doing but we know that too much engagement and involvement with gambling could really be ending up on a disaster.
You would be making yourself get fall into the pit of addiction and would hardly be able to get out once you do shackled from it.

This thoughts could've come to most of the gamblers after big loss. Personally my gambling thought is different, because I never spend on things that aren't necessary but I wish to have it. I'll try to manage with what is available. When it comes to gambling, I easily end up losing. Once after losing my mind says atleast I could've bought the things that I wished to buy. Recently I saved money to buy a cycle as New year's first purchase, finally thought of giving a try with gambling and lost everything. Till date I wasn't able to buy the cycle which I wished to have it for my regular usage.

There are people who think they are always right and the decision they make is good for theirselves because sometimes they think that he could enjoy the game or rather can earn few bucks for playing those casino games. But at the end of this once they realize that they are wrong provably he will think about what his friend say might true because there's nothing good happen to them. Although this came up late but at least he was advice by his good friend and for sure realization will came up qfter that.

Every player needs to keep in mind that betting is not an investment, but exactly the opposite.

If you want to win money, don't play!
The Game was made for entertainment purposes, and the possible profit is a mere consequence for few.

Although in sports betting, for example in football, it is possible to have an idea of who can win a game, anything can happen in a match and luck turns. A player may not enter the field, the opposing team may have a new signing and even the team's disposition may affect the result, which may be negative. There are so many variables that the factor that weighs the most is chance/luck or bad luck.

In turn, investments have a logic behind them. When investing in a company, for example, even without knowing whether it will grow or not in the short term, the fundamentals help to have a more critical view. A solid company that presents good numbers may even face a crisis (generally following the market in general), but it will do well in a while.

In betting there is no such possibility of medium and long term. Each bet is for a specific event, such as a football or basketball match. It's a guess about how the team's result will be at that moment - which could be good today and bad in two weeks, for example.

Gambling is for the self-disciplined and responsible.


Looks to me like your friend is experiencing what I may call gambler's regret that came as a result of the poor choices he made and the losses he incurred. Trust me, he wouldn't have channeled the lost monies into any little business or project because if he would, he won't be looking for sympathy from you.

Who wouldn't? Whenever I gamble irresponsibly, compulsively to escape pain, hurt or whenever I gamble out of my bidget and lose, I feel this way. Maybe the losses/pain are a better teacher than wins. I have been able to overcome these feelings by setting a gambling budget, having some persons to hold me accountable for gambling. I have a set time for gambling and I do not spend more than I have allocated for it.

Dunno if someone else noticed but you have good writing skills, I loved reading this story of yours.

On topic — I would choose business/savings or whatever else rather than gambling. To expect success from gambling is sheer stupidity.

Actually gamblers who feel right in their decisions and feel right in everything they think, are good at gambling.
Because they have positive determination in terms of predictions etc., without being able to be controlled by other people.
Unfortunately this is related to advice given by a friend, if someone is given good advice but instead feels better in his decision, that is just as stubborn and very bad.
But I really believe that someone who is given advice by a friend but ignores good things, only circumstances can give the best advice to the gambler, such as losing streaks and losing all his savings.

That's right. The problem is that many people put too much hope in gambling. Gambling should be seen as a form of entertainment that you pay for with money you don't need and that can occasionally bring you some extra cash, not as a way to get rich with little effort. Saving is more monotonous and setting up a business requires effort, whereas with gambling you can, if you are lucky, hit a jackpot with little effort and that is what attracts people. What happens is that the probability of hitting the jackpot is very low and that most people have already spent more on gambling than they receive in the jackpot by the time they win it.

Anyone could fall into the trap of gambling addiction whether you are weak or strong emotionally, the best is to be extremely careful so that you don't cross the line. And whether you are financially stable or not, you can equally be addicted, just try to be calculative and never go beyond your period budget on it irrespective of gains and losses through it.

I have seen people having good jobs but are addicted to gambling, so it's not perculier to regularly money but greed in some cases.

If you already feel pleasure in playing gambling and you feel that you have difficulty controlling your emotions, you should learn to control your emotions first. So you are not tempted to continue playing gambling, especially if you have lost several times. That will make you even more curious and you may use more money afor gambling. And when that happens, what's on your mind is how you can get a win even if you have to use more so it's not worth it.

Playing gambling must be done carefully and always calculate how much money you have used so you can know when you have to stop gambling. Do not let you spend all the money in one game because there is still tomorrow to play gambling again.

Changing plans from wanting to buy something useful for ourselves but instead using it for gambling and ending up losing everything is a valuable lesson and one to always remember so as not to make the wrong decision again.

If we can only use small money then why force big money, what is meant by the strong are those who use money according to their abilities in gambling, if he has $1 million dollars and bets $750K then he will be bankrupt too, so adjust it according to ability so gambling can be for anyone as long as it is done according to ability and done with responsible.

Gambling requires emotional control. We risk regrettable decisions if we allow our emotions to run wild. Gambling is exciting, but we must be careful. Financial planning can help gamblers control their emotions. If we've lost enough, we should stop gambling. This method prevents excessive loss. We also need breaks between games. This will allow us to reflect on our choices and feelings and make better future selections. Never let defeats control us. Always gamble responsibly and never allow your emotions to take over. Gambling is exciting when we know how to govern ourselves.

we need breaks not between games mate but at least a day, because if we will play excessively then there is more chances of continues losing and will come to addiction.

excessive losses comes because we chase our defeat , why not try to return the next day or at least week of resting then by that Luck will be friendly to our side.

I am sure it's not for the weak. Has your friend ever thought about all those ideas before he lost a lot of money in gambling? Because most of the time it just happens to those who have lost all their funds. But don't get me wrong this guys, when they find a new way to make money they will just go back to gambling. What comes out their mouth isn't really true, it's just their mental state is being clouded by their loss but give them back their money and I am sure they will gamble it again.
Your friend might need help first before he thinks about businesses and investments.

One thing we all should keep in mind is that in the long run we can never beat the house edge.
So if we calculate our wins and loses throughout the year then the number of losses will mostly be higher than the wins.
Hence whatever money we put in gambling should be considered as gone and we should never gamble to make profits.
Yes, we can hope to win some profits and gamble for fun but never ever we should keep hopes that we can consistently win money in gambling.