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Author Topic: Can you trust a gambler with your money/savings?  (Read 1445 times)
blackened515
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June 25, 2022, 10:43:38 PM
 #141

I hardly trust a gambler, especially when it comes to handling funds. Because a good number of them are addicted to gambling. And don't have limit when gambling. I know a friend of mine who got into huge financial debt, because he kept borrowing money from people which he probably used to gamble. And usually ends up losing. However, he wasn't able to rise enough money to clear his debt, and sold out some if his property.



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June 25, 2022, 10:53:53 PM
 #142

The possibility of a gambler misusing your money is high so my answer to the title of this topic is no I can't trust a gambler with my money, I think the friend who entrusted the gambling addict with a business manager made a big mistake, he should have at least check on his friend's excessive handling of the business finances.

I think things shouldn't be confused, if a person likes games of chance he is free to play and post as long as he is not breaking the laws of his country and the TOS of casinos and the person cannot be discriminated against, being so this person is entitled to a job and in employment he cannot be crucified or criticized just because he plays. Now, if the person is proven addicted and the doctor says that he is not in a position to work or in a position to work in a money-related sector, then it is fair that companies do not hire him because he is sick. But if he improves and the doctor says he is better and can work, then companies have an obligation to accept that he works

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June 25, 2022, 11:05:26 PM
 #143

I think the friend who entrusted the gambling addict with a business manager made a big mistake, he should have at least check on his friend's excessive handling of the business finances.

Indeed he made a big mistake, he doesn't need to check the background.  The tag gambling addict states it all.  But being a gambler alone does not constitute that a person is already an addict.  There are people despite being a gambler are more trustworthy than a religious leader in terms of fund handling.

He doesn't deserve a second chance if he is not yet cured like what I posted it's the addiction that's holding him to hold that position cure himself first then he gets that position if he deserves it.

I agree!  Companies do not rehire people that they terminated.  There is no second chance in business.

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June 25, 2022, 11:10:21 PM
 #144

I hardly trust a gambler, especially when it comes to handling funds. Because a good number of them are addicted to gambling. And don't have limit when gambling. I know a friend of mine who got into huge financial debt, because he kept borrowing money from people which he probably used to gamble. And usually ends up losing. However, he wasn't able to rise enough money to clear his debt, and sold out some if his property.
the worst aspect of it is to borrow money for gambling and this actually happened when someone is addicted to gambling so therefore people who borrowed money for gambling is people that know exactly what the prophet in gambling and also been addicted to it so we should not blend them because it is what the choice by the doing but the only mistake I wish not try to do is to know that this person is to know is there a gambler and will lead or borrow the person money to play Gamble it is quite wrong from my understanding.
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June 25, 2022, 11:11:58 PM
 #145

I hardly trust a gambler, especially when it comes to handling funds. Because a good number of them are addicted to gambling. And don't have limit when gambling. I know a friend of mine who got into huge financial debt, because he kept borrowing money from people which he probably used to gamble. And usually ends up losing. However, he wasn't able to rise enough money to clear his debt, and sold out some if his property.
I think it's impossible for a gambling place to be able to provide money security, meaning that the possibility can be lost when you predict wrongly and at a gambling place you can only give 2 choices, you can get rich instantly or you can also be poor instantly, therefore gambling places have a very high risk and can't be used as a place to store money, if you want to save money for a very long time maybe you can use an online wallet such as a blockchain wallet or others.

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June 26, 2022, 03:35:09 AM
 #146

I think this is a matter of someone's professionalism. because even if someone has a great sense of responsibility towards the work or business he manages or is entrusted to him (professional) then even though he is a gambler then of course the business will stay on track and will not be affected by his habits in gambling. so the conclusion is on the person himself. is he a person who has a great sense of responsibility even as a gambler? Or is he someone who lacks a sense of responsibility? .
although there is someone who is not a gambler, but he is a jerk or has no sense of responsibility. then any kind of business or any work that is handed over to that person will surely be destroyed.
because I met many gamblers who were good at managing the business. and he knows how to manage his finances.
But the fact is that most people who have a great sense of responsibility are those who gamble a little.

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June 26, 2022, 04:25:29 AM
 #147

But the fact is that most people who have a great sense of responsibility are those who gamble a little.
I like that last line so I quoted it. And I think it is true.
Responsible men focus more on making money in a less risky way so they will not jeopardize their careers over their hobbies like gambling. If ever an employee is gambling on a large scale and it affects his responsibilities at work then he should definitely not be trusted anymore.
But, giving them a chance should be considered as it could be for other reasons why he is doing it.
Correcting a mistake, not firing them because they turned on the wrong path.

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June 26, 2022, 07:18:57 AM
 #148

therefore gambling places have a very high risk and can't be used as a place to store money, if you want to save money for a very long time maybe you can use an online wallet such as a blockchain wallet or others.
Lol talking about the safe place to hold coins and recommend online wallet is a wrong suggestion, you need to use a hardware wallet or cold storage if you want to ensure the security is close almost 100%.

Responsible men focus more on making money in a less risky way so they will not jeopardize their careers over their hobbies like gambling. If ever an employee is gambling on a large scale and it affects his responsibilities at work then he should definitely not be trusted anymore.
But you can't earn to much since you earn through less riskier, usually this is a man who work in a company or work hard. Some people do taking a risk to earn more e.g. businessman and they're work smart, not work hard. Build a business is hard, but after your business already bring profit and steady income, you're no longer work hard.

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June 26, 2022, 09:44:45 AM
 #149

True life Story.
A friend i know recently narrated to me how his business almost collapsed due to trust he had for another of his friends who he thought he was helping by recruiting him to manage one of his Retail outlets. He narrated how having put him in charge of that point started observing a decrease in the the profit from there intended for savings and reinvestment. He confronted him severally to know what the problem was, but his friend attributed it to being ill and needing drugs, until one faithful day when he ran into him in a betting shop during working hours betting on virtual football games, how disappointing!

Questions for discussion
- Are gamblers eligible to hold financial positions?
- Do problem gamblers deserve a second chance to hold a financial position?


It seems like you're asking two separate questions. Is this about someone working a job and potentially defrauding a company? Rather than trusting a friend on a personal level with your savings, which doesn't seem like a normal scenario that ever needs to happen. Why would you give a person your savings, when you know they have a problem with money handling? If they are a good gambler, playing with acquired skills, then they would never need outside funding from such a source and could build their own bankroll.

R


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June 26, 2022, 12:38:26 PM
 #150

If I'm a gambler, I would not tell the company I'm working with that I'm gambling, and if I owned the company, I would not hire a gambler to hold a position that involves finances. It's not because I hate them to be working in that position, I'm just thinking of the risk getting tempted and I believe any company that finds out a person holding a finance job is a gambler will make sure will be transferred to another department.

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June 26, 2022, 12:43:00 PM
 #151

I think the friend who entrusted the gambling addict with a business manager made a big mistake, he should have at least check on his friend's excessive handling of the business finances.
Indeed he made a big mistake, he doesn't need to check the background.  The tag gambling addict states it all.  But being a gambler alone does not constitute that a person is already an addict.  There are people despite being a gambler are more trustworthy than a religious leader in terms of fund handling.
I think the ratio is 1:100 thousand gamblers (who can be trusted to manage finances rather than religious leaders). but so far from the people I have met, there has never been a single gambler who can be trusted to manage finances.

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June 26, 2022, 01:11:47 PM
 #152

If I'm a gambler, I would not tell the company I'm working with that I'm gambling, and if I owned the company, I would not hire a gambler to hold a position that involves finances. It's not because I hate them to be working in that position, I'm just thinking of the risk getting tempted and I believe any company that finds out a person holding a finance job is a gambler will make sure will be transferred to another department.

It will all depends on the company you are working with, in my case my company strictly checking our background before accepting us, it is really hard for a person who have a bad credential to apply as a financial advisor, accountant or anything related to finances, he cannot practice integrity since he is not reliable when it comes to his finances, and his position doesn't reflect to him.
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June 26, 2022, 01:29:10 PM
 #153

If I'm a gambler, I would not tell the company I'm working with that I'm gambling, and if I owned the company, I would not hire a gambler to hold a position that involves finances. It's not because I hate them to be working in that position, I'm just thinking of the risk getting tempted and I believe any company that finds out a person holding a finance job is a gambler will make sure will be transferred to another department.

Yes, a gambler will surely get tempted to spend on gambling. One out of ten will purely stay away from gambling after hard gambling addiction. Even I've come across several stories of employees ending up their lives after losing the money that belongs to the company. These days almost everyone are into gambling, but very few take it seriously.

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June 26, 2022, 02:01:46 PM
 #154

Managers should know best, they should be good at picking the right people for the right position no way can managers entrust a position that deals with finances I don't think managers will do that it will put the company at risk of collapsing, in fact, managers should offer help to his employers because his health and how he behaves will have a big impact on his performance in the company.
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June 26, 2022, 04:21:26 PM
 #155

Personally , I never hided the fact that I use to gamble from time to time, makes it fun but never crossed the line or placed big bets so I can speak free when it comes to gamble but this is just my point of view and how I do gamble, but to trust a company savings to a gambler hahaha ...no way.

A company should have self respect and always investigate that person who is having access to cash or value assets and as far as I know , the big companies will backtrace your life before you get into a position like that.

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June 26, 2022, 04:41:12 PM
 #156

I think most of the gamblers are aware of better financial positions in general: If you have money to bet on, you have a way to make/generate it. It is most likely not wage but any other income options.
Would I personally trust gambler with his/her debt to me? It's complicated. I personally don't trust anyone with money, although prejudice against gamblers is a bit exaggerated. I think good gamblers would be loyal to their debts. And they wouldn't use someone other's money without a profit/reason.

This is an interesting idea. I've always thought along those lines about alcoholics - they always find money to drink. But I would not say that this speaks of their solid position or the ability to make money. As for your principle of not trusting anyone with money, I don’t know how it applies to business - here you have to trust someone anyway, since you cannot do all the work yourself.
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June 26, 2022, 06:49:36 PM
 #157

Personally , I never hided the fact that I use to gamble from time to time, makes it fun but never crossed the line or placed big bets so I can speak free when it comes to gamble but this is just my point of view and how I do gamble, but to trust a company savings to a gambler hahaha ...no way.

A company should have self respect and always investigate that person who is having access to cash or value assets and as far as I know , the big companies will backtrace your life before you get into a position like that.

If the business processes in the company are properly debugged, then the employee simply does not have a chance to steal funds regularly and without consequences, therefore, in my opinion, in such cases it is possible to hire gamblers and drug addicts and other categories of employees who are rated as risky. The problem that is raised in the first post is trust between friends - if you trust a friend so much that you don't control him if he is your employee then be prepared for the fact that he will deceive you.

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June 26, 2022, 07:21:32 PM
 #158

Personally , I never hided the fact that I use to gamble from time to time, makes it fun but never crossed the line or placed big bets so I can speak free when it comes to gamble but this is just my point of view and how I do gamble, but to trust a company savings to a gambler hahaha ...no way.

A company should have self respect and always investigate that person who is having access to cash or value assets and as far as I know , the big companies will backtrace your life before you get into a position like that.

If the business processes in the company are properly debugged, then the employee simply does not have a chance to steal funds regularly and without consequences, therefore, in my opinion, in such cases it is possible to hire gamblers and drug addicts and other categories of employees who are rated as risky. The problem that is raised in the first post is trust between friends - if you trust a friend so much that you don't control him if he is your employee then be prepared for the fact that he will deceive you.
I would not trust anyone with bad finances.
If you want to test a person - see how he deals in the finances. If the person is not good in dealing with finances - this means he is not trustworthy. 

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June 26, 2022, 07:49:48 PM
 #159

True life Story.
A friend i know recently narrated to me how his business almost collapsed due to trust he had for another of his friends who he thought he was helping by recruiting him to manage one of his Retail outlets. He narrated how having put him in charge of that point started observing a decrease in the the profit from there intended for savings and reinvestment. He confronted him severally to know what the problem was, but his friend attributed it to being ill and needing drugs, until one faithful day when he ran into him in a betting shop during working hours betting on virtual football games, how disappointing!

Questions for discussion
- Are gamblers eligible to hold financial positions?
- Do problem gamblers deserve a second chance to hold a financial position?


Well it certainly sounds like an unfortunate situation and kind of leads to the age old saying of how hiring your friends is a bad idea.  As for your questions, I think this all completely depends on the individual person and writing off anyone who gambles as someone who can’t be trusted with finances at all I think is quite unfair. I gamble a little as well as am a financial advisor who helps people with their money. I would never steal from clients. So I believe it to be a case by case situation.

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June 26, 2022, 08:42:57 PM
 #160

Nothing is passed on to an addicted and stupid gambler. No need for a second chance. As for financial positions, if you don't take these things seriously, you will go bankrupt. This is no child's play. You should think twice before doing business with people you love and trust. Just because you love him, you shouldn't have him follow up on the job. Business is one thing, friendship is another.

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