Lending money to a friend who is addicted to gambling could only make him fall into gambling addiction more. That will not help him but rather make his situation worse despite your good intention to help him. It will be better to help him rise and recover from his gambling addiction. Let him realize that what he's been doing is wrong. Giving him money is temporary but the life advice would be permanent especially if he will listen.
In fact, when your gambling addict friend asks for a loan, there are no good solutions. In 99.9% of cases, you will either lose a friend, or money, or both. I do not think that the advice can change anything in his situation, since at this stage of addiction, only more radical methods of treatment will be effective. And as you rightly noted, a friend's interest in treatment is also necessary. As much as we want to deny it, this is the reality. If ever you have someone that is close to you who has gambling problems, you shouldn't let them borrow money from you or to your other friends just to sustain his gambling habits. Even if they beg you, do not falter because giving in to such request could only just ruin his life even more. Because as we all know, gambling addiction is one of the major problems player fight with. If he already have an issue to begin with, then you shouldn't fuel his thirst to it. Lending money is risky as well. As a lender, you don't have the assurance of when will the money you lent be paid back to you. Unless of course, you will make legal documents. But some of those who have contracts pay past due too and some even break their contracts, getting away with their debt. So yes, if you let your friend borrow you money, you can either lose money or lose both friend and money. In this part, you have to be firm. You have to stand your ground if money is important to you as well as your friend's well-being. |
|
|
|
The point is to be able to control playing gambling, if you are ambitious, it is possible only defeat will come. like what I do when I play gambling, if I get enough from the results of the bet, I go out of the house to do a fresh brain or other things to do other work that is not related to gambling. many people become victims of big defeats playing gambling as our self-introspection
Even at defeat, there are gamblers that won't accept defeat and what they want is to take time again and try to get as much losses as they can. That's why it's not just all about the losses but also the pride that seems to be taken from them because sometimes, even you know that the game is hard to defeat, it's making you think through emotions that you can do it. Indeed. There are gamblers that really don't like to accept losses because of ego and pride. These gamblers are typically the ones who frequent loss because they let their emotion overtake their way of thinking. Instead of being rational, they tend to be very emotional. They often have the urge to make up their losses even if it means going overboard. Having this kind of mindset could really get you lost in gambling and could probably lead you into unpleasant situations such as being bankrupt and developing anger management issues or even depression. Hence, it's really important to be prepared well-enough first before deciding to enter and try gambling. Because gambling can corrupt you in the process if you're not firm enough about your principles. Addiction is the most common problem in gambling. And most people knew that already. Every person planning to try and make a bet must be disciplined and firm on his initial standpoint. Financial aspect is the one at the greatest risk in gambling, health aspect could be affected too as well as the way we treat other people and how we view life in general. |
|
|
|
Many of us have experienced that annoying part several times and not just once because our greed level will increase with our victory. If we get wins over and over again, it will be more tempting for us to keep trying, again and again, to get that victory. This is where it is necessary to have good self-control so that we will not get caught up in gambling and get out on time. Patience also plays an important role in assisting us in playing gambling because, with patience, we can control emotions that can increase at any time.
We're very much confident when we keep on winning and that's why we're not scared to keep moving. It involves and affects the mental health of the gambler because he thinks that while hitting those bets with a win and luck, nobody can stop them from pursuing. Until everything drops and loss starts to come. That's the reason why we are always advised to know our limitations so we won't exceed too much. If we don't know when to stop, there's a huge possibility that we'll bet more than our allocated funds for gambling. Consistent winning might tempt us to bet continuously so we must be aware about our decisions and actions. We should not exceed beyond our limits despite the excitement that we feel. Always set out limitations not only on gambling but also in other things in life as well on which you should really be that having moderation so that you wont really be ending up on a disaster. You wouldnt only affect your financial but also your health whether physically or psychological which we do really know that it would really be a big problem once these things would be affected. Do everything in moderation so that you would be no problems in ahead speaking about financial specially involving with gambling which we know that this is really talking about spending up money and prone to addiction. I agree with this. We should always do everything in moderation so that we won't end up burnt out and we won't be lost in the process of doing it. Like what they always say, everything that is too much is harmful. We should learn to limit ourselves to do things in moderation so that we won't harm ourself and the people that surround us. Because in some things we do, it has effect on other people too, most especially to those who are close to us. Financially speaking, if you won't gamble in moderation and responsibly, you will end up going bankrupt. Getting addicted in gambling could cost you so much to the point that you might get tons of debt in the process of wanting to gamble continuously. Regarding health aspect, if you won't gamble moderately, you might end up getting addicted. And getting addicted is a serious matter. You might become dependent on it. Meaning, your system will keep on craving for it despite it harming your health. If you become addicted, your body clock might change. Your habits could lead to some serious diseases that might affect your overall well-being. |
|
|
|
Many people obey their girl friends more than anyone else. What if their girl friend insists you to stop gambling  Will you Stop  That depends on the length of your relationship. If a guy is new to a relationship like less than a month or two, he'd probably going to obey his girlfriend TEMPORARILY. But not for long, he's most likely to give in to the gambling temptation. Realistically, nobody can stop you if you're really into gambling, even your wife. Your wife might believe you're avoiding gambling already, but you can always sneak out to either go to the casino or play in an online casino through your phone. Online gambling is the easiest way to do it though. This makes sense. Most guys and gals as well put their best foot forward in the beginning of a relationship. I guess it's an automatic response from us because most of us want to impress our partners. Hence, we obey and fulfill their request. However, when things go deeper, we'll eventually see what their negotiables and non-negotiable matters. We'll witness their genuine self eventually in the latter part of the relationship. If your girlfriend from a long-term relationship tells you to stop gambling with reasonable causes, then perhaps you should start to assess yourself and your gambling ways. Because most girls won't be mad at you doing something if you'll only do it in moderation and if you have the capacity to do it. Otherwise, expect that you'll hear long sermons from them. |
|
|
|
~
I agree that our power of will is the ultimate thing and people can create great lives and get out of struggling situations but it's also worth noting how the environment can affect us, being in a calmer place, in contact with nature, not rushing, not eating junk food and exercising will improve our lives in many levels.Absolutely. There's no doubt about that. Changing the ecological environment for better does have a lot of benefits. But I think, when we talk about gambling addiction, by environment we mean people that surround you. If you move to another place, but the people around you will remain the same, that will hardly help you to deal with your addiction. I agree with this, but I also agree with changing literally the environment you are in. The physical environment can play a factor in someone's habit to gamble. If the area you are residing in is populated with casinos, most probably you'll just going to loop over and over even if you decide to quit. This is because you'll keep on seeing your usual hangout place and then eventually, you'll crave for it until you give in. Those people around us play a factor too in gambling addiction. If the people around you are disciplined and financial literate, they could motivate you to be the same which could help you survive addiction. However, if the people around you are irresponsible gamblers, they might corrupt you even more until there is nothing left of you. |
|
|
|
the problem is if there is a severe addiction this is a bad thing from a mental point of view. yes, if you win in betting, you probably won't regret it, this will be a place for that person's money-making field. otherwise if the person loses the game it will be like losing everything in life. selling valuables, debts to many friends will result in friends not wanting to be friends with debt problems
If you lend money to a friend you will probably end up losing both, your money and your friend. If you decide to give money to a friend, I think it's best to just do that as a gift. At least you have a chance to keep the friend, and if you're giving them money, I guess they mean a lot to you. I very much agree with this. This is the exact reason why I don't lend people money unless that person is the one whom i trust so much. Which to say is only a few. I can hardly name people who I'm going to be comfortable in lending money to and I'm confident that they'll return the money they have borrowed in the agreed date. Hence, I don't lend money so that I won't have to be stressed to keep on thinking when they would pay back what they owe me. Letting people borrow money is risky. You and that certain person must have a written agreement in order for you to be assured that your money won't just go to nothing. If ever you decide to lend money, make sure to have a document as a proof. That way, you can have a thing to cling to and to present to the authorities if ever the borrower will not pay on time. Another thing we can do to avoid lending money is giving what we can as a way of help or gift to someone in need. This should be done wholeheartedly. Meaning to say, you won't expect anything in return and just let that money or thing be a form of help to alleviate their problem. |
|
|
|
|
Chasing a loss because of being overtaken by emotion is one of the leading cause of continuous failed attempts to win. I believe feeling down is the initial response of most people who lose their bets. After all, its a natural human response. Being sad or depressed because of wasted money into a bet most especially if it's a big amount could be hard to not think about. Which is why most gamblers chase their losses thinking they could eventually win back their losses.
Unfortunately, most often than not, those who have unbalanced emotions and not in the right mental headspace tend to lose more and more instead of winning back their losses. This cycle tends to go around, repeating in circles till they don't have money to gamble anymore. The cycle of continuous chase can be broken only if the gambler is willing and determined to change for the better.
|
|
|
|
Beginners, or should i say Newbies should consider the proper approach when it comes to betting on sports, even while enjoying the sports, it is possible to make some profit if proper guidelines are followed, There are sure plenty of steps that you should pay attention to on how to make money from sports betting, But in this article, we are going to be discussing just a few of those steps.
I think that picking the right sport bets is definitely an acquired and self trained skill, but still highly risky. Like some people can make money out of the stock market just by getting a feel for it, it's possible to make money (usually in combination with taking up the right kind of promotions) on a fairly large scale. Like horse racing for example, lots of bookmakers will bump up the odds on short term offers like paying 6 places instead of 3 on a 14 horse race. That leaves a lot of profitability if you spread out bets across the first 6-8 horses, because the race would have to go very badly wrong for you to fail on that sort of payout. There are all sorts of similar grinding opportunities. Indeed, someone can get profit and be successful in their specific choice of betting with the help of their skills and innate intuition in them. And yes, it's still risky and someone who want to engage in such should still be careful and wary. Otherwise, he might end up losing instead of profiting. When it comes to betting in sports, someone must have the skills and knowledge to look at the bigger picture and not only on what's in front of them. A lot of successful sports bettor think beyond the box and has acquired enough information to make their bets be in favor of what they are expecting to turn into. However, this must still be done in moderation because excessive and irresponsible sports betting could also lead to addiction. |
|
|
|
There are several key rules to becoming a successful gambler. I think I can say that the most important thing is to have good bank management and to stick to it. But that is not always easy. Once you set up your own rules for a strategy, you have to stick to your own. Even if things are not going well and you are unlucky with gambling. And avoid getting into a tilt, because then the consequences can no longer be foreseen in such situations. You could also agree to start with low limits. Only with poker do you have a lot of influence on the game, with other games the luck factor is considerably high.
you are right financial management must be right, because from the beginning for my gambling budget from the first time I followed gambling I recorded my money out and my winnings, because with this I know how much profit and loss I make every month if I play regularly, and it worked for me Good to know that your method worked for you. I guess it's really a case to case basis and of course, discipline and consistency in what you are doing. Financial management is crucial in gambling. One must be financial literate as well as disciplined enough in order to attain what you want as well as to not get lost in gambling. If someone knows his limitations and boundaries, he won't go beyond it in order to maintain a smooth sailing journey in gambling. This is to ensure that he will not go overboard and beyond the allocated budget for gambling which could eventually get you in the deeper trouble in the future. Financial management is essential and should be practiced so that someone won't get addicted and bankrupt. |
|
|
|
I saw on the news that the xQc streamer made $686 million worth of bets in three months, but I can not find a reliable source to confirm this news. Have you heard anything about it? If this is true, then in my opinion this is a clear disrespect for his viewers, since it is obvious that all the money from this amount is fake - he clearly could not wage such a huge amount.
is it overall bet from him? I didn't even think if all of money were real money. I don't even believe if a streamer has hundreds millions dollars to be used to bet in the gambling platform. It's obvious a fake money that being used by him. You can imagine how much he was loosing when gambling with such money. I will add one more question that is he do these bet on only one sites ? If that's the case then I think it's really disrespectful to the viewers. And it is true that this is nothing new now that many YouTubers many gambling review sites are doing fake promotion in exchange of money. And I think something like that happened here .Because it is truly incredible that this amount has been gambled away I don't see promoting a single Casino site as disrespectful to the viewers. I also don't think it is a fake promotion because they is actually promoting that single casino. I don't know why you arrive to a decision that promoting a single Casino is disrespectful to viewers. It is a common ground that the streamer is being sponsored by the Casino they are promoting or they have an affiliate code and wanted to have a referral for a commission. Most streamers stream because of mixture of passion and money generation. Of course, they have to be practical as well. During this trying times, they have to earn in order to put food onto their tables, to make their ends meet, and maybe to put up with the lifestyle that they want for themselves. Most do paid or sponsored streaming and I don't see anything wrong with it as long as they will declare it and won't spread false information to their viewers. Because after all, their job given with that kind of contract is to promote and to encourage their audience to try and play in that specific platform. |
|
|
|
I think everything that has an advantage has a disadvantage as well. The thing there is, instead of over flogging the matter of gambling, one has to bear in mind that in as much studies show that gambling is an activity that releases dopamine, one has to be moderate in his gambling to avoid feeling depressed after a loss.
Feeling depressed after experiencing defeat can come to anyone and what we can do is how we can overcome or control the feeling of depression so that it does not affect our activities after we play gambling. Most people experience that feeling and many of them have not been able to get rid of the feeling of losing money at the gambling table and still want to recover from that loss. This is what makes many people continue to gamble because they want to recover from that loss. We have several threads discussing psychological disorders of gambling, all of which can help us on how to prevent it and how we should act. referring to what you said, to be honest most of us have experienced or often experience the things you mentioned, especially when we want to recover losses and continue playing sessions. things like this that someone who is often involved in gambling activities must realize, one of which is to moderate the gambling itself, and this is not easy as I said. at least we will need practice and change the mindset about gambling itself and make it just a fun pastime. This makes sense. Whenever we fail, as humans, we have the urgency to get back on track and try again because we want to recover from our failure and losses. This is a good approach especially in the field of career. However, applying it in gambling has its limitations. Because the more we want to recover from our lost bet, the more we will continue to bet and gamble which can lead to further losses. During my experiences in different situations, we must not be overtaken by our emotions. And once we feel like in the brink and edge, we must not engage any further because not being in the right mental headspace could just add to our initial problem. |
|
|
|
^
That's right. The main idea of such streams is to increase recognition of a gambling site among the audience who is interested in gambling. I have heard many times that streamers play for the money of a gambling site and get extra money for streaming. And it is quite a lot of money. That is why streamers with a large audience are increasingly involved in this kind of promotion. As long as you have a streaming media platform that has a lot of followers, it can have a good influence on companies that may be able to give gifts to you or can collaborate to provide advertisements or solicitation of followers for a large enough fee, but you have to be careful because there are several gambling establishments that have been hit by cases and can have a bad impact on influencers. I agree with this. Streamers and influencers must be wary of the things they advertise and promote so that it won't backfire to them. It's always better to be cautious than be impulsive just because of money. There are cases and things that could make a person's reputation be at stake if ever they will going to endorse it. Hence, background checking is a must and greed should never be prioritized. |
|
|
|
|
I don't really know what's the point of getting the answers of bitcointalk people, I mean, there's no way you could tell if they are telling the truth or not, if they are honest, then what's the merit? People won't usually brag that they have 1 Bitcoin or even more, people that have a lot of Bitcoin are lowkey, they are busy to earn more Bitcoin rather than saying they have 1 Bitcoin.
|
|
|
|
|
People who never experience bear market would have a hard time to do that, they'll panic because they'll believe in FUD(s) most of the time. But those people who experience bear market even once knows what to do in this kind of situation. Market seasons is normal, the only thing that is not normal are those people who wants to risk their money in Bitcoin but don't really understand what's the risk they are going to take in the long run.
|
|
|
|
|
Even without the public adoption, bitcoin will do its thing to show us its full potential. Why bother convincing the crowd to adapt cryptocurrency payment method if they don't even care what Bitcoin is, besides, it's not really wise spending a lot of transaction fees every time you're going to buy something using cryptocurrency just to prove something to the public.
I'd rather waste fiat buying that's so prone to inflation rather than wasting Bitcoin that could save me in the future.
|
|
|
|
He's rich and willing to spare/invest about $50000 into something that will grow over time ,that is in the long run.
Nice story. You would be very well in convincing your friend if you are not rich. If you are rich too, it would be easier for you to convince your friend. Usually your friend will have more reasons to believe you if you get rich by your investment in Bitcoin. Real story, real investment, real get rich story, it is more convincing for your friend. I agree. People won't believe in you unless you show them your money, I don't know why but it always work. People loves money, and I think that's the reason why they get scammed most of the time. I think if your friend believe in you when you told him about Bitcoin even though you're just beginning your journey in Bitcoin, that's great, because your friend will surely grow with you and hopefully makes a lot of money in Bitcoin with you in the long run. Investing in Bitcoin is much better than saving your cash in a bank. Bank is just using your money for loan with a high interest while they only gives their users pennies in return. Bitcoin is gonna give you profits much bigger in the long run. |
|
|
|
|
Updates are necessary to make things more better than before, that's normal to the technology, it is evolving. Technology without updates or can't be updated is small, or we can say that it's not technology at all. Bitcoin is revolutionary, that's why it keeps on surprising people, it is awesome in my opinion. If you have doubt about it, then simply don't invest on it, simple as that.
|
|
|
|
|
I'm more interested on how to make that $500,000 and keeping that to myself that I'm gonna use in trading just myself. Why bother on whales if you could make your own profits. The problem here is that most of the newbie traders wants an instant millionaire life overnight, there's no such thing. Trading is about commitment, dedication, and perseverance, if you don't have those, for sure you'll just burn your money in trading.
|
|
|
|
Considering rate at which hundreds of cryptocurrencies are flooding the blockhain space it seems digital currency is taking over the fiat. But the question now is how does one get to know the right crypto project to invest in?
Bitcoin is the safe bet. And those who fancy higher risk gambling with their funds, there are a lot of altcoins to choose. Some few may get lucky. Conclusion: too hard to choose right if you want something else than Bitcoin. So.. just choose Bitcoin. PS. Not a financial advice, do with your money whatever suits you best. I agree, bitcoin is the number 1 choice for starters, because you could the assurance you wanted that your money is safe. Risking it on altcoins is not really worth it because most of them are just trash, you know, better at first few weeks moths, but after getting too much money on investors, they'll just leave the coin that'll make its price go down on the bottom, leaving investors crying. |
|
|
|
|
None of them are legit and truly willing to help you out by giving signals but not for free of course. Paying them the fee doesn't mean that you'll get the technical analysis you're looking for, sometimes you guys who are supporting this kind of scheme are just life savers. When they enter a trade, they will hype that certain coin to pump it out for them to make profits because they entered a long trade.
They are making huge profits while you guys are just making a little, if you really are.
|
|
|
|
|
Show Posts
