Gambling for increasing and decreasing money

[watergold]

I think gambling is the best way to spend money. You can gamble for two reasons.

1. If you have a lot of money, go gambling to reduce them.
2. And if you have too little money, go gambling to increase them.

But gambling is not something that will make increase your money or decrease money. It could be the opposite. Suppose you were gambling to reduce your extra money but you won the gamble and your money is increased. Think again you have very little money. You try to gamble to increase them, but you lose gambling and lose all your money.

So anything can happen in gambling. So should not go gambling with any hope.

yes anything can happen in gambling rich can become richer or lose , losing all money , rich or poor i dont think any one will gamble with all of his money which is very bad he is only testing his luck ,  because as you said anything can happen knowing risks of loss is very important ,

It is common in gambling if luck is on your side then you will be rich but if on the contrary you can be poor too because the risk is indeed great in gambling but to the pleasure does not prevent those who like to be addicted so whatever they will do to gamble.
I bet only to my pleasure and don't expect to be rich.

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[akmal1984]

I think gambling is the best way to spend money. You can gamble for two reasons.

1. If you have a lot of money, go gambling to reduce them.
2. And if you have too little money, go gambling to increase them.

But gambling is not something that will make increase your money or decrease money. It could be the opposite. Suppose you were gambling to reduce your extra money but you won the gamble and your money is increased. Think again you have very little money. You try to gamble to increase them, but you lose gambling and lose all your money.

So anything can happen in gambling. So should not go gambling with any hope.

With more and more crypto / blockchain-based online gambling sites now, every site will try to offer things that make visitors feel at home for a long time. I think that just to increase your income from gambling sites, we don't need to spend extra money. again now. Almost all sites provide free coins for us. So if we can use it, the casino can provide extra money for us every month.

[KnightElite]

I think gambling is the best way to spend money. You can gamble for two reasons.

1. If you have a lot of money, go gambling to reduce them.
2. And if you have too little money, go gambling to increase them.

But gambling is not something that will make increase your money or decrease money. It could be the opposite. Suppose you were gambling to reduce your extra money but you won the gamble and your money is increased. Think again you have very little money. You try to gamble to increase them, but you lose gambling and lose all your money.

So anything can happen in gambling. So should not go gambling with any hope.

yes anything can happen in gambling rich can become richer or lose , losing all money , rich or poor i dont think any one will gamble with all of his money which is very bad he is only testing his luck ,  because as you said anything can happen knowing risks of loss is very important ,

It is common in gambling if luck is on your side then you will be rich but if on the contrary you can be poor too because the risk is indeed great in gambling but to the pleasure does not prevent those who like to be addicted so whatever they will do to gamble.
I bet only to my pleasure and don't expect to be rich.

Those rich people treating gambling as their hobby or entertainment because they have a lot of money where are just spending it without proper risk management. There are middle class person who treat gambling as their primary source of money and that's why they are pressured to make money in gambling. It is not good idea to see the gambling as source of income because it has high risks than in trading. For mr it is better to trade than to gamble my money.

[andycarrol]

I think gambling is the best way to spend money. You can gamble for two reasons.

1. If you have a lot of money, go gambling to reduce them.
2. And if you have too little money, go gambling to increase them.

I do not agree that gambling is the best way to spend money. many more positive ways to spend money, like buying things or going on vacation, that would be a good impression.
whereas gambling has no positive value. Gambling is only to try your luck if you don't have a lot of money.

[DabsPoorVersion]

I think gambling is the best way to spend money. You can gamble for two reasons.

1. If you have a lot of money, go gambling to reduce them.
2. And if you have too little money, go gambling to increase them.

I do not agree that gambling is the best way to spend money. many more positive ways to spend money, like buying things or going on vacation, that would be a good impression.
whereas gambling has no positive value. Gambling is only to try your luck if you don't have a lot of money.

Yes, because gambling is only to fill for leisure.
Gamblers do not need to spend their money on gambling, and who will gamble (if they have a lot of money) just to reduce their money and vice versa. Gambling is just for fun and nothing more than that.

[AliMan]

I think gambling is the best way to spend money. You can gamble for two reasons.

1. If you have a lot of money, go gambling to reduce them.
2. And if you have too little money, go gambling to increase them.

I do not agree that gambling is the best way to spend money. many more positive ways to spend money, like buying things or going on vacation, that would be a good impression.
whereas gambling has no positive value. Gambling is only to try your luck if you don't have a lot of money.

I see, you're pertaining that if you're out of money we're just relying on our luck? I don't see any good reason to gamble just for luck now, since we're out of money where should we resource funds for our betting investments? Before we find some luck on gambling capital is needed, in order to bet for our lucky game and unknowingly, the probable chances was too low to get an assurance of winning.

[coolcoinz]

I don't know anybody, rich or poor, who would gamble to decrease their money? What are you even posting this for OP.
Everybody gambles to gain something and usually don't think about potential losses until the reality hits them.
Also, there's no rule that makes poor people win and rich people lose. Chances are equal for all. 

[iamsheikhadil]

Who told you gambling is the best way to spend money? Is that what you learned from your parents? The best way to spend money is for our basic needs like food and water.

Gambling is entertainment only. No one should expect to earn regularly from it.

Obviously people can make a regular income from gambling at it will be really huge and better than any job in the world and gambling can make them very rich and give them the dream life but it will only happen if the person himself is the owner of the casino else it will not! never!

[ethereumhunter]

There is a lot of ways for you to reduce the amount of money you have without playing gambling, and you can avoid the addicting. Maybe you can share happiness with other people by asking them to have fun with you, so you don't have to gamble and risk the money without a big chance to win. That is a good way to reduce your cash without playing gambling. But if you still choose to play gambling, then you need to prepare to lose so much money in the long term.

[iamsheikhadil]

In gambling you really need money then take the risk so that can increase or decrease but you need to think affordable for you

So in number 1 example then if you have big money then you can really gamble but don't think to reduce like lose after you gamble because you can still win then in 2 then i think you can win but do it with affordable that's all like not risk with small money then do it if you have big money like that's the recommended or suggested to do

That is the slippery slope because it is really hard to stop gambling once you start winning more and more and it becomes harder to bet the same amount because you will feel you are missing out on the bigger wins so in net, it is really hazardous once one gets into a winning streak.

[anog]

I think gambling is the best way to spend money. You can gamble for two reasons.

1. If you have a lot of money, go gambling to reduce them.
2. And if you have too little money, go gambling to increase them.

But gambling is not something that will make increase your money or decrease money. It could be the opposite. Suppose you were gambling to reduce your extra money but you won the gamble and your money is increased. Think again you have very little money. You try to gamble to increase them, but you lose gambling and lose all your money.

So anything can happen in gambling. So should not go gambling with any hope.

You are trying to say that if we go in gambling to win, we will lose and if we aim for lose, we will win. 
If that is the case, i will think i will lose and hopefully Win. 

Everyone should know the risk involved in gambling and the results will be unpredictable and gamblers are used to this upsetting results.

Really like that? if so then I will pray that I always lose and in fact what I get is a win lol.

It is true that we are gambling to increase the amount of our money, but will not waste as much as possible just for that.

[LbtalkL]

 I think everyone know when they enter gambling there is a big possibility to lose money. My number 1 rule is to never barrow money just for gambling it is too risky.
As an individual I do gambling just for fun I don't do it often to be honest I have more losses than winnings. I guess there are more peole like me still playing and hoping to hit that big jackpot but it is very rare to happen. For me gambling is all about luck, But if you are playing card games it needs some skills too.

[ReiMomo]

I think everyone know when they enter gambling there is a big possibility to lose money. My number 1 rule is to never barrow money just for gambling it is too risky.

This should be always remembered, the self-limitation should always there even how rich you are. Borrowing just to gamble is the riskiest part and might you will dig your own hole. If you treat gambling as a source of income that creates money this is wrong because gambling is just a sort of having fun. You cant be sure if your money were easy to double and gain profit, it might be quickly lost. The best is a set amount that you can afford if you are in habit of gambling.

[jhonjhon]

Very good points, indeed if you are very rich and you don't know where to spend your money then go waste it in gambling. On the other hand, if you are very desperate to earn big money or profit then you can also gamble but it is very risky, well it is true that you can win big but you can also lose big and worst case is you will lose all your money and will only leave you broke. Gambling has its good and bad side it just depend on how you deal with it.

[keyscore44]

I think gambling is the best way to spend money. You can gamble for two reasons.

1. If you have a lot of money, go gambling to reduce them.
2. And if you have too little money, go gambling to increase them.

But gambling is not something that will make increase your money or decrease money. It could be the opposite. Suppose you were gambling to reduce your extra money but you won the gamble and your money is increased. Think again you have very little money. You try to gamble to increase them, but you lose gambling and lose all your money.

So anything can happen in gambling. So should not go gambling with any hope.

Unfortunately, but in practice both examples (1 and 2) work the opposite. It is closely related to psychology. I am not saying that it is always like that, but often the opposite happens. This means that people who have a lot of money win because they are not afraid of making risky decisions and often manage to hit a big win. People who have little money play very conservatively and unfortunately, but this strategy works very rarely in gambling. The final effect is often such that those who have money have more, and those who have little lose everything.

[BitcoinTurk]

1. If you have a lot of money, go gambling to reduce them.
2. And if you have too little money, go gambling to increase them.

Gambling has never been a successful way of earning money because gambling is a matter of chance. Anyone with a small amount of money who wants to raise this money a little does not gamble to make a definite win, but gambling is a tool used only to spend money and have fun. For this reason, I do not think that anyone earns fixed income through gambling or earns long-term. Of course, anyone who has a lot of money or wants to play for fun has made money with gambling, but in general, they have lost money on a long-term basis. For that reason, gambling is not a fixed income method or a means of making money.

[DoublerHunter]

1. If you have a lot of money, go gambling to reduce them.
2. And if you have too little money, go gambling to increase them.

Gambling has never been a successful way of earning money because gambling is a matter of chance. Anyone with a small amount of money who wants to raise this money a little does not gamble to make a definite win, but gambling is a tool used only to spend money and have fun. For this reason, I do not think that anyone earns fixed income through gambling or earns long-term. Of course, anyone who has a lot of money or wants to play for fun has made money with gambling, but in general, they have lost money on a long-term basis. For that reason, gambling is not a fixed income method or a means of making money.

^ Definitely right and it is completely well explained. It's a matter of fact, even how many gamblers you will ask, no one will say the source of their income is just getting profit is gambling. Spending money in gambling for the reason of having fun was right but when it comes chasing money into it probably that is not right. Nevertheless, I remember on other thread that asked if gambling be used as a profession and may use as a source of income. My answer is obviously NO.

[Golftech]

1. If you have a lot of money, go gambling to reduce them.
2. And if you have too little money, go gambling to increase them.

Gambling has never been a successful way of earning money because gambling is a matter of chance. Anyone with a small amount of money who wants to raise this money a little does not gamble to make a definite win, but gambling is a tool used only to spend money and have fun. For this reason, I do not think that anyone earns fixed income through gambling or earns long-term. Of course, anyone who has a lot of money or wants to play for fun has made money with gambling, but in general, they have lost money on a long-term basis. For that reason, gambling is not a fixed income method or a means of making money.

For some wise gamblers they can increase their bankroll while enjoying the game they love to play. In certain point those opinions regarding to long term process is correct, mostly people who played a lots time suffered from losing their money. Whatever strategy there's always a chance or a risk that you
will lose and you can't avoid that while engaging to this kind of activities.

[Maotezi]

It's not the clearest topic to me, but I agree somewhat, except for the fact that rich people gamble to spend their money, Who else gamble to spend?
But according to some studies, it has been shown that rich people get more money at gambling, and the reasons are: calmness at gambling, the less that adrenaline rush in them, so they are calm during gambling, which brings them money, and people with less money, very panic and make bad decisions.

[Krislaw]

The 2nd point should not be done with money that's meant for important things because you will have double problems, being broke and unable to  settle bills the fund was meant for, while 1st point can be used to increase money if wisdom and discipline is applied.
It's an absolute rubbish to think you can get rich overnight by becoming a gambler and it's also an absolute rubbish to think that you can't make some profit with gambling.