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Author Topic: Gambling in Moderation, Pros can out weigh its Cons in Financial and Health?  (Read 2258 times)
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August 01, 2022, 07:25:32 PM
 #121

Everyone has negative connotations when it comes to gambling activity but little that we know that gambling when done in moderation can offer great benefits to our mental and physical health and finance.

Engaging in gambling in moderation will greatly save us financial losses compared to engaging in entertainment outdoor.  Aside from that, recreational activities such as picnics, watching movies, and playing arcade games often have our finance in an outflow system.  The only reward is entertainment and happiness whereas, if engage in gambling there is a chance of getting back what we spent since gambling always involved a chance of getting back what we bet in a certain multiplier. Of course, we are talking about gambling in moderation.  Besides this kind of control, we are far from developing a gambling disorder.

Aside from the personal benefits, we are also contributing to our country's income by playing in their gambling infrastructure.  It is proven that the development of gambling addiction in a gambling engagement in moderation is highly unlikely.  With that, do you think it is worth moderating our gambling engagement to maximize the benefits of gambling activities?


That article brings up a lot of good points, gambling can be like most things in life - if it's done in moderation then it can be fine. In fact it can be help in many ways like those suggested, I personally love buying a lottery ticket every now and then, just to dream about how it might be possible to share the winnings - knowing full well how ridiculously unlikely you are to be the winner. Socializing like you say is another good one, if people go into a casino with a set amount in mind to spend - win or lose - then you can psychologically classify it as any other form of spending. Instead of dropping 50 bucks on a cinema ticket, drinks and popcorn you can easily have a little gamble with the same amount of money and time invested in a different form of entertainment.

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August 01, 2022, 08:12:21 PM
 #122

OP you make some valid points but in the end gambling is essentially a bad habit that will rear its ugly head at one point or another.  I mean in moderation I guess it's fine and yeah it can string together some immediate near terms pros.  But most people don't gamble in moderation and if they do, lose more than they win ultimately creating some bad MOJO in theor life. 

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August 01, 2022, 08:20:26 PM
 #123

OP you make some valid points but in the end gambling is essentially a bad habit that will rear its ugly head at one point or another.  I mean in moderation I guess it's fine and yeah it can string together some immediate near terms pros.  But most people don't gamble in moderation and if they do, lose more than they win ultimately creating some bad MOJO in theor life. 
That is very right - gambling is not a good habit - like drinking alcohol and too much porn and adultery.
These are killing habits. They bring no good to you - but you end up repenting for being indulged into these unproductive activities.

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August 01, 2022, 08:35:10 PM
 #124

OP you make some valid points but in the end gambling is essentially a bad habit that will rear its ugly head at one point or another.  I mean in moderation I guess it's fine and yeah it can string together some immediate near terms pros.  But most people don't gamble in moderation and if they do, lose more than they win ultimately creating some bad MOJO in theor life. 
That is very right - gambling is not a good habit - like drinking alcohol and too much porn and adultery.
These are killing habits. They bring no good to you - but you end up repenting for being indulged into these unproductive activities.
Whatever things you are getting involved into then you should really be mindful on what are the things that it could give if you do make yourself involving that much or making it as a habit.
Everything on this world and everything would be excess in terms or engagement would really do harm into someone.

Wouldnt matter if its gambling, alcohol or even as simple making decisions in life would be having particular risk on messing up everything if you arent that sensible or aware
in regarding with your actions.
Everything should be on moderation if you dont like for things to get fucked up.


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August 01, 2022, 08:45:17 PM
 #125

I really like the way various people see gambling and what they can do about it, how they take it, what it produces for them, and how day by day they can improve their strategies? however, I think that I have always characterized myself by seeing gambling as a way of having fun, and at the same time I do not feel shielded, since seeing it that way, I would not see it as a job because it is very easy to lose money and fall into addiction and that is something delicate, therefore everything that OP says is very useful, especially for novice people who enter gambling looking for impossible goals or who only give in to luck.

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August 01, 2022, 08:55:53 PM
 #126

The last part I strongly agree with it. It doesn't give financial benefit even in moderation but worst, it will make you spend money. When put in together all that "moderated time and money spent" it will be a lot of waste.
About the fun part, it is half stress reduction and half making gamblers happy. It gives pleasure to your drive to win but that is momentarily. After you calm your endorphins down, you will be back to reality with not much memories of the win after a week or more. Even if you do remember it, it's not that much fun unlike other activities where memories are kept.
It's a biased article, no doubt as it only points out to the pros.
It does give financial benefit in moderation because when you play in moderation, you will stop after you had enough so you won't bust all you got including some of your winnings. Not only financial but also the benefit of having fun and to relieve your stress. These two can change if you gamble the opposite way like you are too aggressive or addicted.

You will only lose more money in the game and this can also make you more stressed instead of being happy so I totally I agree on the article. On the part you said memories. That's true if we are gambling in moderation because the win will only be small or considered to be normal. Same goes for the fun. We are used to them already.

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August 03, 2022, 02:48:52 AM
 #127

Very good summary of benefits people have through gambling. I agree with all the points of your list, except the stress reduction part. Losing money can be a very stressful experience that can affect us for a long period of time. Gambling is a very exciting experience that leads for me to a lot of what if thoughts. Whenever I lose a big bet my brain keeps asking me why I didn't stop at the right time. And I am trying to look at ways how I could have prevented that loss. Losing is part of gambling and we need to learn to deal with it. Learning new skills is a very important part for me in gambling, I would put it on top of your list. Through gambling I learned to take better care of my money, keep track of my income and expenses and have fixed budgets. It also helped me to deal with emotions and evaluate risks better and more quickly.
The stress reduction aspect of gambling depends on the mentality of each person, after all something that can be incredibly stressful for you can be something relaxing for me and vice versa, however it is true that if someone does not gamble in moderation and they are abusing it then it is very unlikely they are going to get any stress reduction as there is not really a single person that likes to lose money they cannot afford to lose in a consistent basis.
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August 03, 2022, 09:49:26 AM
 #128

~ It's a fact that negative emotions can weaken your overall health. Even your immune system is affected by stress big time. If done in moderation, each session of gambling can be improving your mood, thus making you healthier. And if you are less stressed, you can work better, so you can improve your financial situation too.
Gambling could only hit us negatively if we're not handling it the right way to the extent that we're abusing even our health for too much playing. Everything that's being done in moderation isn't a bad thing. We should know our limits and control when it comes to gambling so it will not harm or even affect our lives the wrong way.

Right, and gambling is not something unique in this regard. Hundreds of thousands people die from overeating annually.  But we are not saying "Eating is bad for you", right? Overeating is bad, that's right, but eating in moderation is good.

I'm not trying to say that gambling is as necessary for a human being as eating. We can live without gambling, in fact, we can live without many things we use for entertainment. It's just, life is less fun without them.

Only remember of moderation. Don't be killing yourself with your entertainment.

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August 03, 2022, 11:04:24 AM
 #129

Very good summary of benefits people have through gambling. I agree with all the points of your list, except the stress reduction part. Losing money can be a very stressful experience that can affect us for a long period of time. Gambling is a very exciting experience that leads for me to a lot of what if thoughts. Whenever I lose a big bet my brain keeps asking me why I didn't stop at the right time. And I am trying to look at ways how I could have prevented that loss. Losing is part of gambling and we need to learn to deal with it. Learning new skills is a very important part for me in gambling, I would put it on top of your list. Through gambling I learned to take better care of my money, keep track of my income and expenses and have fixed budgets. It also helped me to deal with emotions and evaluate risks better and more quickly.
The stress reduction aspect of gambling depends on the mentality of each person, after all something that can be incredibly stressful for you can be something relaxing for me and vice versa, however it is true that if someone does not gamble in moderation and they are abusing it then it is very unlikely they are going to get any stress reduction as there is not really a single person that likes to lose money they cannot afford to lose in a consistent basis.

Not only in consistent basis which I agree everyone get stressed after they lose the money but even if you overdo it like a couple of times.I never thought I would get sad because I lost some money that I can afford to lose but yesterday I thought to myself today I am going to play with a high bet and see in a short amount of time if I will be a winner or not,I play slot machines,and sadly I lost everything in less than 5 minutes.I thought to myself that I tried to hit it big and should not be worried,however my wife directly noticed that I was not in the normal mood I am always,so deep inside me I was stressed even when losing money I can afford to lose.

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August 03, 2022, 11:15:24 AM
 #130

I really like the way various people see gambling and what they can do about it, how they take it, what it produces for them, and how day by day they can improve their strategies? however, I think that I have always characterized myself by seeing gambling as a way of having fun, and at the same time I do not feel shielded, since seeing it that way, I would not see it as a job because it is very easy to lose money and fall into addiction and that is something delicate, therefore everything that OP says is very useful, especially for novice people who enter gambling looking for impossible goals or who only give in to luck.

Yeah, gambling should be fun, we have several strategies in our sleeves and says that this might be the day that it will eventually work. But then again, we lose that day and think of another one. But if we won, they we will continue to do it the next day until it doesn't work anymore.

So that is the beauty, sometimes you think that you are one step of the game and then you are in good mood and that you are lucky. But in the end, still boils down to moderation, as it is the key to extend our playing days and so we will have enjoyment.

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August 03, 2022, 12:33:23 PM
 #131

Very good summary of benefits people have through gambling. I agree with all the points of your list, except the stress reduction part. Losing money can be a very stressful experience that can affect us for a long period of time. Gambling is a very exciting experience that leads for me to a lot of what if thoughts. Whenever I lose a big bet my brain keeps asking me why I didn't stop at the right time. And I am trying to look at ways how I could have prevented that loss. Losing is part of gambling and we need to learn to deal with it. Learning new skills is a very important part for me in gambling, I would put it on top of your list. Through gambling I learned to take better care of my money, keep track of my income and expenses and have fixed budgets. It also helped me to deal with emotions and evaluate risks better and more quickly.
The stress reduction aspect of gambling depends on the mentality of each person, after all something that can be incredibly stressful for you can be something relaxing for me and vice versa, however it is true that if someone does not gamble in moderation and they are abusing it then it is very unlikely they are going to get any stress reduction as there is not really a single person that likes to lose money they cannot afford to lose in a consistent basis.

Not only in consistent basis which I agree everyone get stressed after they lose the money but even if you overdo it like a couple of times.I never thought I would get sad because I lost some money that I can afford to lose but yesterday I thought to myself today I am going to play with a high bet and see in a short amount of time if I will be a winner or not,I play slot machines,and sadly I lost everything in less than 5 minutes.I thought to myself that I tried to hit it big and should not be worried,however my wife directly noticed that I was not in the normal mood I am always,so deep inside me I was stressed even when losing money I can afford to lose.

It's normal to be sad over losing money that you can afford to lose. I guess it's our body's natural response. After all, we have emotions and even though we try hard to control it and don't let it affect us in our everyday routine, there will be times that it will took over unconsciously. Just like being in an attitude for the day or out of energy.

I guess it's really a matter of mind conditioning and at the same time moderation in gambling. Despite the pros of gambling, we can't really say it will outweigh the cons most especially if you frequent lose bets. Self-discipline is really a must so you won't get caught up betting over and over after a win or loss.
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August 06, 2022, 12:59:56 AM
 #132

The stress reduction aspect of gambling depends on the mentality of each person, after all something that can be incredibly stressful for you can be something relaxing for me and vice versa, however it is true that if someone does not gamble in moderation and they are abusing it then it is very unlikely they are going to get any stress reduction as there is not really a single person that likes to lose money they cannot afford to lose in a consistent basis.

Not only in consistent basis which I agree everyone get stressed after they lose the money but even if you overdo it like a couple of times.I never thought I would get sad because I lost some money that I can afford to lose but yesterday I thought to myself today I am going to play with a high bet and see in a short amount of time if I will be a winner or not,I play slot machines,and sadly I lost everything in less than 5 minutes.I thought to myself that I tried to hit it big and should not be worried,however my wife directly noticed that I was not in the normal mood I am always,so deep inside me I was stressed even when losing money I can afford to lose.
That is an interesting observation, even if you lose some money that you had already planned on using to gamble if the speed at which you do so is too fast then you may still get some lingering regrets about it, this is something that I think it has happened to everyone and I include myself as well, as I remember that once I decide to use the martingale strategy and I got busted in less than 10 minutes when the chances of that happening that fast were very low, it was a bad loss but I learned a lot from it.
BitcoinPanther (OP)
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August 06, 2022, 07:48:22 PM
 #133


It's normal to be sad over losing money that you can afford to lose. I guess it's our body's natural response. After all, we have emotions and even though we try hard to control it and don't let it affect us in our everyday routine, there will be times that it will took over unconsciously. Just like being in an attitude for the day or out of energy.

So why aren't we sad when we are spending money on entertainment such as watching movies, rides, park entrances etc.,  I don't think we can label the money which we are sad when lost as money that we can afford to lose.  Because if we can afford to lose, there shouldn't be bitter feelings towards losing it.

I guess it's really a matter of mind conditioning and at the same time moderation in gambling. Despite the pros of gambling, we can't really say it will outweigh the cons most especially if you frequent lose bets. Self-discipline is really a must so you won't get caught up betting over and over after a win or loss.

Surely, the pros can't outweigh the cons, if we are sad about losing money in gambling since it has taken away the several pros of engaging in a gambling game.
Mahanton
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August 06, 2022, 08:09:01 PM
 #134

The stress reduction aspect of gambling depends on the mentality of each person, after all something that can be incredibly stressful for you can be something relaxing for me and vice versa, however it is true that if someone does not gamble in moderation and they are abusing it then it is very unlikely they are going to get any stress reduction as there is not really a single person that likes to lose money they cannot afford to lose in a consistent basis.

Not only in consistent basis which I agree everyone get stressed after they lose the money but even if you overdo it like a couple of times.I never thought I would get sad because I lost some money that I can afford to lose but yesterday I thought to myself today I am going to play with a high bet and see in a short amount of time if I will be a winner or not,I play slot machines,and sadly I lost everything in less than 5 minutes.I thought to myself that I tried to hit it big and should not be worried,however my wife directly noticed that I was not in the normal mood I am always,so deep inside me I was stressed even when losing money I can afford to lose.
That is an interesting observation, even if you lose some money that you had already planned on using to gamble if the speed at which you do so is too fast then you may still get some lingering regrets about it, this is something that I think it has happened to everyone and I include myself as well, as I remember that once I decide to use the martingale strategy and I got busted in less than 10 minutes when the chances of that happening that fast were very low, it was a bad loss but I learned a lot from it.
Using up martingale doesnt really assure whether it would be a long or short session because it would vary on how early or late you would really be able to experience because this strategy had been known on doubling

your basebet whenever you do lose which even if you do set out the maximum losing streak for even 30 plus or something it couldnt really assure that it could really able to sustain
thats why this is a wrong misconception for almost everyone specially to those who are just new into gambling where they do commonly make use of this very
common and usual betting strategy specially on dice or even on crash.Its up to you on how you would make out adjustments.

R


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Theones
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August 06, 2022, 09:23:52 PM
 #135


your basebet whenever you do lose which even if you do set out the maximum losing streak for even 30 plus or something it couldnt really assure that it could really able to sustain
thats why this is a wrong misconception for almost everyone specially to those who are just new into gambling where they do commonly make use of this very
common and usual betting strategy specially on dice or even on crash.Its up to you on how you would make out adjustments.
I think financial stress is the most horrible of all. It drains you and takes away all your energy and freshness.
The loan and interest and the payoff - is the horrible of all. I have suffered one of the loan payoff - which I lost during gambling and I was in so much trauma for approx 6 months.

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August 06, 2022, 09:38:39 PM
 #136


your basebet whenever you do lose which even if you do set out the maximum losing streak for even 30 plus or something it couldnt really assure that it could really able to sustain
thats why this is a wrong misconception for almost everyone specially to those who are just new into gambling where they do commonly make use of this very
common and usual betting strategy specially on dice or even on crash.Its up to you on how you would make out adjustments.
I think financial stress is the most horrible of all. It drains you and takes away all your energy and freshness.
The loan and interest and the payoff - is the horrible of all. I have suffered one of the loan payoff - which I lost during gambling and I was in so much trauma for approx 6 months.
Having a debt is really a big burden to some especially if you are going to get that loans so you can use it to pay another debt, its just like you are trap on that and the only way to get out is to increase your source of income. Gambling in moderation can save you from the big stress, it gives you more time to think and more time to get extra money so you can gamble. This only mean to me that you are still in control with your gambling activities, and its really good.
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August 06, 2022, 10:13:46 PM
 #137


your basebet whenever you do lose which even if you do set out the maximum losing streak for even 30 plus or something it couldnt really assure that it could really able to sustain
thats why this is a wrong misconception for almost everyone specially to those who are just new into gambling where they do commonly make use of this very
common and usual betting strategy specially on dice or even on crash.Its up to you on how you would make out adjustments.
I think financial stress is the most horrible of all. It drains you and takes away all your energy and freshness.
The loan and interest and the payoff - is the horrible of all. I have suffered one of the loan payoff - which I lost during gambling and I was in so much trauma for approx 6 months.

It is really the most horrible because it will really take almost everything from you.  Financial stress often leads to depression and the only way to remove this depression is to have a regular income that can pay both our daily needs and debt.  It is worst for people who are hooked or addicted to gambling because they can be trapped in a loop wherein they keep circling in taking loans, work, and paying loans just to sustain their gambling addiction.

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August 07, 2022, 03:20:25 PM
 #138


your basebet whenever you do lose which even if you do set out the maximum losing streak for even 30 plus or something it couldnt really assure that it could really able to sustain
thats why this is a wrong misconception for almost everyone specially to those who are just new into gambling where they do commonly make use of this very
common and usual betting strategy specially on dice or even on crash.Its up to you on how you would make out adjustments.
I think financial stress is the most horrible of all. It drains you and takes away all your energy and freshness.
The loan and interest and the payoff - is the horrible of all. I have suffered one of the loan payoff - which I lost during gambling and I was in so much trauma for approx 6 months.

It is really the most horrible because it will really take almost everything from you.  Financial stress often leads to depression and the only way to remove this depression is to have a regular income that can pay both our daily needs and debt.  It is worst for people who are hooked or addicted to gambling because they can be trapped in a loop wherein they keep circling in taking loans, work, and paying loans just to sustain their gambling addiction.
One thing I have learnt over the course of time . . is - that you are your only true friend.
And that your mental health is important and your health too.
So try to avoid trouble as much as you could.

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August 09, 2022, 12:35:54 AM
 #139

It is really the most horrible because it will really take almost everything from you.  Financial stress often leads to depression and the only way to remove this depression is to have a regular income that can pay both our daily needs and debt.  It is worst for people who are hooked or addicted to gambling because they can be trapped in a loop wherein they keep circling in taking loans, work, and paying loans just to sustain their gambling addiction.
And this is not only a problem with gambling addiction, to be honest I do not know how people deal with being in debt for the most part of their lives as I know that I would not be able to sleep properly if I owed a great deal of money to the banks and I knew that I will need to work for decades to settle that debt, it is because of this I have remained debt free almost all my life and it is one of the main reason why I can be relaxed all the time as I know that even if I were to lose my job I have the resources to deal with it for a long time.
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August 09, 2022, 12:48:49 AM
 #140

It is really the most horrible because it will really take almost everything from you.  Financial stress often leads to depression and the only way to remove this depression is to have a regular income that can pay both our daily needs and debt.  It is worst for people who are hooked or addicted to gambling because they can be trapped in a loop wherein they keep circling in taking loans, work, and paying loans just to sustain their gambling addiction.
And this is not only a problem with gambling addiction, to be honest I do not know how people deal with being in debt for the most part of their lives as I know that I would not be able to sleep properly if I owed a great deal of money to the banks and I knew that I will need to work for decades to settle that debt, it is because of this I have remained debt free almost all my life and it is one of the main reason why I can be relaxed all the time as I know that even if I were to lose my job I have the resources to deal with it for a long time.

At least in the US it seems that it's pretty common to have debt.

Here's what type of debt people have in the US:


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