[Poll]what is the right warning to say to someone who gambles/invests all he has

[Mike Mayor]

Pleasure Jackpot Racer !!

I also would like to add since some people here attack you for some silly reason, that yes their money and possession you have are yours but if you offer people an investment or you are a casino you should always keep reminding people not to gamble everything because actually it is the responsibility of the owner to keep reminding users to not be silly. Why ? Very simple. If you asking people for money or to gamble with their money you should always always give them no reason to come back and Complain. You must tell your users so often bit to be silly that there is no excuses they can use against you. It's for safety.

Because the casino or investment warned you to take care and you were prepared many times. Therefore there is no reason to complain in the first place.

Give your users no reason to complain by being totally honest from the start.

I would never ever invest money in anyone or anything that claims it's garanteed. This is crap. Tomorrow is not even garanteed since perhaps I die tomorrow ?

Every investment I made I took time with. I ibew the risks and I made my profits by being careful. Yes I have lost money but I made more then I lost so it's ok. Also never best yourself up for koaing money. You will lose you cannot always win. As long as you win more then you lose you dng just fine.

Take care guys. Think hard and take action slowly.

Like an engineer or wood worker will  always say. Measure 500x but cut only once.

[JackpotRacer]

There is only one answer to that question and that answer is "Don't invest/gamble more than you can afford to lose".
It is one of the main investing and gambling rules, and some gambling sites have written in help how to be responsible gambler.

thx for the response. that is exactly what I wanted to see if users know that it is the main investing and gambling rule

My vote goes to don't invest/gamble more than you can afford to lose, but this is something to discuss, answer is not so simple.
While I agree that for gambling everyone should fallow this rule, you can't apply it to every type of investment. Sometimes, if you want to invest you need to invest more money than you can afford to lose and take the risk.
Lets say you want to open a coffee bar and you need loan from bank for that - so you are investing in something you don't have enough money, you are taking a loan and risking money you can't afford to lose. Sometimes this kind of risks are necessary.

yes many businesses taking a loan but the loan is secured. why are you saying such a risk is necessary? I agree every business is a risk and therefore the rule is not to invest more than you can afford to lose

lets take the following example
I have a casino and invest all I own and even the last BTC in this casino. would this be acceptable and wise to do?

thx

Its different. If you want to borrow money from a bank and invest it in your business the bank needs to form of collerateral.

You can't just go to a bank and say you need $1 million because you want to open up a McDonalds. You will need some form of collerateal or at least have 50% down-payment, so the entire risk isn't up to the bank.

thx for the posting. yep it is different

but how about my question and example?

lets take the following example
I have a casino and invest all I own and even the last BTC in this casino. would this be acceptable and wise to do?

[JackpotRacer]

Pleasure Jackpot Racer !!

I also would like to add since some people here attack you for some silly reason, that yes their money and possession you have are yours but if you offer people an investment or you are a casino you should always keep reminding people not to gamble everything because actually it is the responsibility of the owner to keep reminding users to not be silly. Why ? Very simple. If you asking people for money or to gamble with their money you should always always give them no reason to come back and Complain. You must tell your users so often bit to be silly that there is no excuses they can use against you. It's for safety.

Because the casino or investment warned you to take care and you were prepared many times. Therefore there is no reason to complain in the first place.

Give your users no reason to complain by being totally honest from the start.

exactly the correct answer of this poll is what every casino OP and Investment company should have written on his site not to get complaints.

I would never ever invest money in anyone or anything that claims it's garanteed. This is crap. Tomorrow is not even garanteed since perhaps I die tomorrow ?

very wise

Like an engineer or wood worker will  always say. Measure 500x but cut only once.

nice one and same if you shoot someone with a pistol you cant take the bullet back

thank you again for a great posting. please let me ask also you before I do a new poll

lets take the following example
Jackpotracer, Stunna, Dooglus RHavar etc who have a casino and invest all they own and even the last BTC in their casino and as we know there is always the chance the casino fails and need to be closed and they lose all. would this be acceptable and wise to do?

[jamids]

It would be better to show to him some people who gamble and let him be the judge if he wanted to be something like that. Even if you are giving him some advice about diversification and invest only what you can afford to lose, he will not listen to it if he will not see it in reality what happen to people who gamble a lot. If he experience it himself that it can destroy his life risking the money he can't afford to lose then maybe he would have a realization of what he has done and solve his gambling addiction with willingness.

[JackpotRacer]

It would be better to show to him some people who gamble and let him be the judge if he wanted to be something like that. Even if you are giving him some advice about diversification and invest only what you can afford to lose, he will not listen to it if he will not see it in reality what happen to people who gamble a lot. If he experience it himself that it can destroy his life risking the money he can't afford to lose then maybe he would have a realization of what he has done and solve his gambling addiction with willingness.

as long you gave the correct advise you did yours and it is up to the player or Investor to do what he thinks is good for him.

[marlboroza]

lets take the following example
I have a casino and invest all I own and even the last BTC in this casino. would this be acceptable and wise to do?

Why don't you take my example?
Why it always has to be your example?
Why it has to be casino?
Why not something else?
Do you think when someone says investment it has to be investment in casino?
Does this topic has anything to do with moneypot?
Why do you think people are not investing what they can't afford to lose when they are opening a casino(lets take brick and mortar casino for example, can we?)?
How much taxes they have to pay when they are opening casino?
Do they take loans for that?
Are you 100% sure that not a single casino owner didn't invest money he can't afford to lose?
I can afford to lose 40$ today.

By your theory i shouldn't take risk and take loan from bank, open my own business because i can't afford to lose more than 40$? Nonsense.

[JackpotRacer]

lets take the following example
I have a casino and invest all I own and even the last BTC in this casino. would this be acceptable and wise to do?

Why don't you take my example?
Why it always has to be your example?
Why it has to be casino?
Why not something else?
Do you think when someone says investment it has to be investment in casino?
Does this topic has anything to do with moneypot?
Why do you think people are not investing what they can't afford to lose when they are opening a casino(lets take brick and mortar casino for example, can we?)?
How much taxes they have to pay when they are opening casino?
Do they take loans for that?
Are you 100% sure that not a single casino owner didn't invest money he can't afford to lose?
I can afford to lose 40$ today.

By your theory i shouldn't take risk and take loan from bank, open my own business because i can't afford to lose more than 40$? Nonsense.

ok if you cant answer without attacking so lets see what BS you are writing here. my english is not best but yours seems to be even worse

you have 40$ you can afford to lose! so lose it and have fun! did I say or the most used sentence by casino owners "dont gamble more than you can afford to lose" that you should not gamble the 40$? point me to it? as you can afford 40$ to lose you are fine to gamble the 40$ (win or lose). that is healthy gambling!

now lets take your BS

Why don't you take my example?
please give me/us one!
Why it always has to be your example?
because I asked but you are welcome to give one to me/us
Why it has to be casino?
because we are in a gambling forum and to take a casino as an example makes a lot of sense here. but you are again welcome to give me/us other examples but please connected to the well known and famous "dont gamble/invest more than you can afford to lose"
Why not something else?
what else? a butcher shop? a supermarket? a Bank? etc give me/us some
Do you think when someone says investment it has to be investment in casino?
I didnt say that but as we are in a gambling forum I will take a casino as an example.
Does this topic has anything to do with moneypot?
as MP is a casino provider sure thing that it has also to do with MP. also MP owners should not invest more than they can afford to lose!  any problem with that? are you a co founder or co partner of MP and I missed it?
Why do you think people are not investing what they can't afford to lose when they are opening a casino(lets take brick and mortar casino for example, can we?)?
we all know that people are gambling more than they can afford to lose and Investing more than they can afford to lose and this is exactly the Poll. should they gamble/invest more than they can afford to lose? maybe you missed the topic
How much taxes they have to pay when they are opening casino?
hmm this looks like a slip of tongue or the question was unintentionally posted here.
Do they take loans for that?
loans to pay Taxes?
Are you 100% sure that not a single casino owner didn't invest money he can't afford to lose?
I am sure there are many and same for gamblers. as I said before it looks like you missed the topic or your english is to blame.

it was a pleasure to answer you

[JackpotRacer]

Every Investor and Gambler should be told
best is to go all in    - 2 (6.7%)
Invest/Gamble all you have    - 0 (0%)
Do your DD before you go all in    - 2 (6.7%)
Sell you home and Invest/Gamble    - 2 (6.7%)
Don't invest/gamble more than you can afford to lose    - 24 (80%)

What did I miss here?

ok if you cant answer without attacking so lets see what BS you are writing here.

You are attacking every single person with different opinion.

you have 40$ you can afford to lose! so lose it and have fun! did I say or the most used sentence by casino owners "dont gamble more than you can afford to lose" that you should not gamble the 40$? point me to it? as you can afford 40$ to lose you are fine to gamble the 40$ (win or lose). that is healthy gambling!

Can you read this and put it together?:

I can afford to lose 40$ today. By your theory i shouldn't take risk and take loan from bank, open my own business because i can't afford to lose more than 40$?

Why don't you take my example?
please give me/us one!

I gave you one.

Why it always has to be your example?
because I asked but you are welcome to give one to me/us

You didn't ask for casino. You used word "invest" not "investment in casino"

Why it has to be casino?
because we are in a gambling forum and to take a casino as an example makes a lot of sense here. but you are again welcome to give me/us other examples but please connected to the well known and famous "dont gamble/invest more than you can afford to lose"

Actually it is don't gamble what you can't afford to lose. Investment is something to discuss - and I ain't going to discuss it with you.

Why not something else?
what else? a butcher shop? a supermarket? a Bank? etc give me/us some

Why not?

Does this topic has anything to do with moneypot?
as MP is a casino provider sure thing that it has also to do with MP. also MP owners should not invest more than they can afford to lose!  any problem with that? are you a co founder or co partner of MP and I missed it?

Now you are accusing me of being someone I am not. And why? Because i asked you simple question. I am out of this post and topic, if I continue to write more you will probably say that I am alt of MP owner. 

I am glad for you that you are out. btw you cant be an alt of a MP owner! think twice