Disadvantages of Gambling

[Get-Paid.com]

This person started a thread about benefits of gambling:
https://bitcointalk.org/index.php?topic=2047546.0

btw in English you say "benefits from of gambling", not from.

I would like to open a thread about the opposite.
Here are some disadvantages that come to my mind when gambling is involved, I did not copy-paste any text from anywhere, this is purely my own thoughts about it:

1) Gambling brings you loneliness, or makes you feel alone or want to be alone, it can isolate you from society or from other important events in your life.
2) It can suck your energy or your happiness, it can get inside your head and won't leave you alone until you gamble again.
3) Not to mention it can can destroy you financially, you can lose a lot of money in a matter of seconds/minutes/hours/days. Some stories show how people lost over millions of dollars in a matter of hours or days.
4) Gambling can also destroy you individually, not only financially, you can lose your family, your job, your friends or relatives.

All in all gambling is a losing proposition, these drawbacks weigh much more than any possible benefits you can ever come up with when it comes to gambling.

[Thanasis]

All the disadvantages you mentioned will only happen only if the intention of gambler is to make money so no one can't be blamed if we are doing something wrong and most of them even knows what will happen if they continue gambling but still they were playing.

More disadvantages are:
- Hard to stop gambling habit once they were addicted.
- Chances of losing their money on scam gambling sites.
- they may get robbed if they have won huge amount of money in real casino from insider.

[swogerino]

There are a lot of disadvantages and little advantages to gambling. Gambling can impact your life, it can lower your standard of life is the miminum it can happen to you. The maximum is you risk to lose your family and be all alone , I have seen many people talking to themselves in the street and I know for many of them it is the consequence of gambling addiction.

[Get-Paid.com]

All the disadvantages you mentioned will only happen only if the intention of gambler is to make money so no one can't be blamed...

It's "no one CAN be blamed" (not can't).

And anyone who gambles is subject to become an addict, there are countless stories about people who just tried to gamble with $5 and ended up losing their life savings and more than that (e.g. Justyn Larcombe).

You treat these disadvantages as if they are symptoms where the patient needs to be blamed for - whilst the gambling industry washes its hands clean off this - tell me something, Thanasis, are you part of the gambling industry? Do you run a gambling website?

I don't mind people discussing this topic but stating unscrupulous statements and making them seem like facts is despicable.

[adaseb]

There are advantages and disadvantages in pretty much everything that people do for entertainment.

Gambling is not the only form of entertainment which can have disadvantages.

Take racing cars for example. Many people do it as a hobby which is similiar to gambling and there can be a crash and cause death.

Take sports like Hockey for another example. Many people do it also as a hobby which is similiar to gambling and it could lead to a serious injury.

Gambling just has a bad rap because many lost their money in regards to it and they try to label it as evil however there are other forms of entertainment which are just as bad and risky.

[Questat]

All that you've written are true, I also experience having some financial problem because of gambling.
It reached into the level that I have to borrow money from a lender and this is hidden to my wife, it could really destroy our lives if we will
not control ourselves, we have to kill that urges to gamble to avenge our loses because when we are too aggressive
this will make us more stupid. Gambling is a game where you need to use your mind effectively and set aside the emotions.

[socks435]

There are some other disadvantage that much worst than the list above.

I think the other one is if you lose a big amount it becomes frustrated and you will never forget it keeps repeating your mind that you lose a big amount until you sell some gadgets or things just to have money to gamble again. If you didn't recover or win on the game everything can be much worst until everything you have are gone.

That is why just gamble that you can afford to lose and gambling is made for fun not for wasting your time for nothing if you treat gambling as a place where you can make easy money then you are wasting your time gamble your money in gambling casino.

[Thanasis]

All the disadvantages you mentioned will only happen only if the intention of gambler is to make money so no one can't be blamed...

It's "no one CAN be blamed" (not can't).

And anyone who gambles is subject to become an addict, there are countless stories about people who just tried to gamble with $5 and ended up losing their life savings and more than that (e.g. Justyn Larcombe).

You treat these disadvantages as if they are symptoms where the patient needs to be blamed for - whilst the gambling industry washes its hands clean off this - tell me something, Thanasis, are you part of the gambling industry? Do you run a gambling website?

I don't mind people discussing this topic but stating unscrupulous statements and making them seem like facts is despicable.

Sorry for the typo.

Actually I am not a hater of gambling but the real fact is people making it as a bad thing by doing it in a wrong way so I just mentioned some thoughts from mind,nothing to offend anyone.

[Naida_BR]

Many would say depression but I don't think that this is the negative aspect of gambling. In my opinion, the biggest disadvantage of gambling is that people waste a lot of time in the process of gambling.
Aside from money, you have to "invest" time in order to make the right decision and minimize the possibilities of losing your money at the end of the bet.

[Get-Paid.com]

Actually I am not a hater of gambling but the real fact is people making it as a bad thing by doing it in a wrong way so I just mentioned some thoughts from mind,nothing to offend anyone.

Sorry for my attitude, I just tackled lots of people in this forum who love to blame the gamblers for everything.

Yes, if a person makes a wrong decision he should be responsible for it, but enticing weak people (e.g. sending emails to people who want to stop gambling, using TV ads) - this might be legitimate and legal, but it's very unethical.

[Dreamchaser21]

Gambling bring so much stress to anyone at the end of the day especially when you realize the money you've loss. I think the only advantage of gambling is that, it can give you easy money unexpectedly but there's no assurance on this, so its really more on the negative side. Gambling is still a great place to have fun, but try to play moderately.

[NeuroticFish]

1) Gambling brings you loneliness, or makes you feel alone or want to be alone, it can isolate you from society or from other important events in your life.
2) It can suck your energy or your happiness, it can get inside your head and won't leave you alone until you gamble again.
3) Not to mention it can can destroy you financially, you can lose a lot of money in a matter of seconds/minutes/hours/days. Some stories show how people lost over millions of dollars in a matter of hours or days.
4) Gambling can also destroy you individually, not only financially, you can lose your family, your job, your friends or relatives.

All these happen in the case somebody gets addicted. Then indeed, he lose the control over his life and money.
But this kinda happens with all kinds of addiction.

I think that the easier summary would be: the disadvantage of gambling is that it can trigger too easily an addiction.
But again, a lot of addictions fall into this "too easy" group.

So.. yeah.. everybody, don't gamble more than you afford to lose and gamble only while it's fun.

[Viscore]

Everyone is aware of the disadvantage of gambling but they don't mind it as they are more interested on the advantage of gambling.

We know the risk and it's a high risk activity and yet we are still doing it, that is because we are hoping to win some good amount of money to change our lives. Some even think that they can make a living in gambling, so it's really hard to convince people to focus on the risk rather that the rewards as some people are just too unrealistic.

[Bitinity]

There are some other disadvantage that much worst than the list above.

I think the other one is if you lose a big amount it becomes frustrated and you will never forget it keeps repeating your mind that you lose a big amount until you sell some gadgets or things just to have money to gamble again. If you didn't recover or win on the game everything can be much worst until everything you have are gone.

This disadvantages is actually covered on the point number 3 and 4 already which is about "destroy you individually and financially". You just rephrase it in different words, but it does not matter.
The other worst thing can be about someone can become a criminal once they lose everything they have in order to continue gambling.

That is why just gamble that you can afford to lose and gambling is made for fun not for wasting your time for nothing if you treat gambling as a place where you can make easy money then you are wasting your time gamble your money in gambling casino.

Most gamblers start like that but unfortunately everything may changed in the process while they gambling. At first they just want to try their luck with small amount of money, but their curiosity turn them into addiction.

[avikz]

1) Gambling brings you loneliness, or makes you feel alone or want to be alone, it can isolate you from society or from other important events in your life.

2) It can suck your energy or your happiness, it can get inside your head and won't leave you alone until you gamble again.

Addiction in social media does the same. Psychologists have coined a term for that, called IAD (Internet Addiction Disorder). Should we blame social medias like Facebook and Twitter for that? Or should we blame ourselves for our addiction?

3) Not to mention it can can destroy you financially, you can lose a lot of money in a matter of seconds/minutes/hours/days. Some stories show how people lost over millions of dollars in a matter of hours or days.

True! But it only happens when you don't know where to stop. Gambling is a form of entertainment but the problem starts when someone considers gambling as a method of income! Usually addicted gamblers face this issue!

4) Gambling can also destroy you individually, not only financially, you can lose your family, your job, your friends or relatives.

Again, extremely addicted gamblers face this issue and not everyone! I gamble for pleasure and not for income! Someday I score a profit and someday I don't. I still have a family and a day job. What you are talking is an exception and exception is there is every kind of businesses in the world.

[

All in all gambling is a losing proposition, these drawbacks weigh much more than any possible benefits you can ever come up with when it comes to gambling.

In a nutshell, you have captured the psychological aspects of an addicted gambler, but not those who play for pleasure! Gambling is a business like any other businesses of the world. Addiction is definitely an issue but with professional psychological help it can be cured. Can't really blame the entire gambling industry for the such exceptions. If that is the case, tobacco and alcohol industry should be banned first!

[Get-Paid.com]

We know the risk and it's a high risk activity and yet we are still doing it, that is because we are hoping to win some good amount of money to change our lives.

Some people here claim it shouldn't be risky but it should be fun, something recreational ... do you see any fun in it when you lose money?
Most people gamble because they wanna win, not because they feel like throwing away $5 on some game ... yet the gambling industry, if you lose, will blame you for doing the "wrong" thing, for not playing for recreational purposes.

Gambling is not designed for a risk of $5 or $10, it was designed for people to steal money in order to fund this habit.

[Vaskiy]

We know the risk and it's a high risk activity and yet we are still doing it, that is because we are hoping to win some good amount of money to change our lives.

Some people here claim it shouldn't be risky but it should be fun, something recreational ... do you see any fun in it when you lose money?
Most people gamble because they wanna win, not because they feel like throwing away $5 on some game ... yet the gambling industry, if you lose, will blame you for doing the "wrong" thing, for not playing for recreational purposes.

Gambling is not designed for a risk of $5 or $10, it was designed for people to steal money in order to fund this habit.

Everyone were around here to make a  winning and make a bigger earning out of the money spend. As questioned, none wants to lose money and have fun. Very small percentage of people are there with such mentality, they spend just because they have lot of funds to spend out of their living expenses. Simply it isn't developed to steal, but the greed of people make themselves get stealed.

[Get-Paid.com]

In a nutshell, you have captured the psychological aspects of an addicted gambler, but not those who play for pleasure!

What kind of pleasure do you get out of losing your hard earned money? What value do you get out of it? If you pay for something that has value then it's worth it, but this one has no value whatsoever, the games you play are not there for fun, they are there for you to lose money.

Gambling is a business like any other businesses of the world.

Businesses of the world or businesses in the world?! I know English is a tricky language (which is why so many lawyers love it) but seriously, what's wrong with adopting very few basic rules in grammar?

Addiction is definitely an issue but with professional psychological help it can be cured.

Why create a problem in the first place? If it wasn't exist then no one would have needed to go seek help, correct?

[NavI_027]

I would like to open a thread about the opposite.
Here are some disadvantages that come to my mind when gambling is involved, I did not copy-paste any text from anywhere, this is purely my own thoughts about it

However, this topic was already discussed so many times before and there's a chance that your perspective is also the same as the others' so I don't find any reason why this thread is necessary. Nevertheless, each one of us has the free will to share knowledge so I appreciated what you did.

4) Gambling can also destroy you individually

For me, this sentence sums it up. What do you think?

All in all gambling is a losing proposition, these drawbacks weigh much more than any possible benefits you can ever come up with when it comes to gambling.

You have a good point but that still depends on the well being of a particular gambler. If he is disciplined and strictly follow his good principles then gambling would not be a probpem at all but if he is not then that's the time when problem comes. All is just a matter of proper handling.

[2double0]

1) Gambling brings you loneliness, or makes you feel alone or want to be alone, it can isolate you from society or from other important events in your life.

Sometimes it makes me feel like everyone has turned into an enemy of mine who don't want me to enjoy my life the way I want to, through the source of gambling. Trust me, it happened so many times that I can't explain how exactly it felt, but then I feel the heat of guilt that's put upon me due to overthinking and not understanding that my loved ones are just trying to depart me off gambling to save me from its ill effects.

2) It can suck your energy or your happiness, it can get inside your head and won't leave you alone until you gamble again.

It is not less than masturbation or porn addiction when compared, the only difference here is money. Woah! Even porn needs money for those premium videos, how can I forget?

Once the faith in you is lost, nobody will be back in your life for your entire lifetime due to the fact that you are not willing to skip gambling addiction and move ahead.