What most gamblers do.

[uche6215]

I want to ask a question. And I need serious answer from this forum, and my question is WHY DOES A GAMBLER DON'T HAVE A SAVINGS.
In my country (Nigeria) there are many gamblers who don't have savings and it isn't help matters at all. Most of these gamblers can't afford for there families but they can afford money they will use to gamble. So why are they not having savings that they can use to help there families in time of lack. Like they said, we save money so money can save us tomorrow. But these gamblers doesn't know that.

[1714971158]

1714971158

[1714971158]

1714971158

[swogerino]

I want to ask a question. And I need serious answer from this forum, and my question is WHY DOES A GAMBLER DON'T HAVE A SAVINGS.
In my country (Nigeria) there are many gamblers who don't have savings and it isn't help matters at all. Most of these gamblers can't afford for there families but they can afford money they will use to gamble. So why are they not having savings that they can use to help there families in time of lack. Like they said, we save money so money can save us tomorrow. But these gamblers doesn't know that.

Even if gamblers knew that most likely they will get from that fund to satisfy their gambling needs and this is the nature of a gambler,telling a gambler to save money is like to say to a prostitute to start having morals meaning it does not work like that.

If a gambler were to save money for a better tomorrow he would not be called a gambler but a wise investor,something a lot of people want to do yet very few achieve it.Gamblers gamble to make money fast and they don't think for long term.

In countries like Nigeria then it is even more emphasized as a phenomena due to this country from what I know and read being a poor one.

[Oshosondy]

Gambler that do not plan and have good budget for important things will not have savings. Gambler that spend more than expecting to gambling with may not have savings. Addicts may not also have savings.

I know the situation in Nigeria, it is a nation with many unemployed youths. Some people can think they can gamble with low amount of money to win big amount of money, that happens to some Nigerians, they lose small all the time because they want to win big accumulated bet.

[serjent05]

Not all gamblers don't have savings.  There are gamblers that do have savings, it is that they just don't tell people they do have.  Gamblers that have self-control and play only to have a fund that uses the money they afford to lose in gambling do have savings.

In most cases, the gambler who don't have savings are most likely people that are addicted to gambling.  Since they have this uncontrollable urge, they just gamble all their money away.  Worst they also have debt everywhere.

[Agbe]

There is no day that you ask a gambler for money that would give it to you. Gambler is always break even those you see cash in his hand he would still tell you that there is no money because he is going to use it to play gamble. Not that gamblers do not have savings but there savings are for gambling. But there are some gamblers that give money to their family members and friends, all gamblers are not the same. Even though a gambler does not give money to his family people he give it to his GF, if there is no savings there how will he give to her. So not all are like that. There are some that have savings.

[Quidat]

I want to ask a question. And I need serious answer from this forum, and my question is WHY DOES A GAMBLER DON'T HAVE A SAVINGS.
In my country (Nigeria) there are many gamblers who don't have savings and it isn't help matters at all. Most of these gamblers can't afford for there families but they can afford money they will use to gamble. So why are they not having savings that they can use to help there families in time of lack. Like they said, we save money so money can save us tomorrow. But these gamblers doesn't know that.

When you are already that addicted then dont expect that those life saving of yours wont really be touched and this is one of the results when someone is already that addicted with gambling.You would definitely be losing up your mind and wouldnt be caring about your future and those priorities on which you would really be only having in mind on how you would really be able to play.
It is really just sad that there are people who do really consider out on playing gambling without minding that much in regarding into their future plans and savings
which they might be able to felt that later on when things becomes a mess.

[KennyR]

This is the effect of gambling. Once you get used to it, really hard to get back to your regular life. In the past there were these kind of gamblers who ruin themselves and their families. Now things have changed and most of them used to spend what they can afford to loss. At times when luck doesn't favour, they go for borrowing and things go out of control. Gambling with limits is enjoyable, and when things go out of hand it will turn to be big problem for the person as well as the family.

[bitbollo]

this doesn't just happen with gamblers but with a large portion of the population that lives (regardless of its income) paycheck to paycheck every month!
in the end this is the fault of our extremely/endless consumerist society that leads you to buy objects or services not for a utility.

[coolcoinz]

because gambling can be an addiction for many people and this is not the problem of gambling itself but of people who allow themselves to be addicted. It's our human weakness.

I'll give you an example. I have a friend who is addicted to smoking and he's also a frequent drinker. I wouldn't call him an alcoholic but he's getting there. He also barely has any money, despite having a decent job. He drives the most destroyed car I've ever seen where seats are ripped to the point where he sits on bare foam, but he always has money for smokes and beer.

Also, this thread should be in gambling discussion.

[lionheart78]

I want to ask a question. And I need serious answer from this forum, and my question is WHY DOES A GAMBLER DON'T HAVE A SAVINGS.

Not all gamblers don't have a savings.  It is possible that people you know have little income and yet they choose to gamble what little money they have left.

In my country (Nigeria) there are many gamblers who don't have savings and it isn't help matters at all. Most of these gamblers can't afford for there families but they can afford money they will use to gamble.  

As I stated, most of them are in poverty, and even if they don't gamble, I am sure they won't have savings at all.  It is also taken from your context that the people who almost can't afford the basic needs of their family often times put budget on gambling which can be taken as an action where a person probably take chance to try to earn more money through gambling which we know is not the right thing.

So why are they not having savings that they can use to help there families in time of lack. Like they said, we save money so money can save us tomorrow. But these gamblers doesn't know that.

Gamblers do know that but they decided to take chance for a profit on the little they have left since some gambling games such as the lottery if won is a life-changer.

[usekevin]

It’s not a fully true statement,maybe you had come across 70 percentage of the gamblers.It means most of the gamblers will not hold the funds for the next trade.They will have the attitude of all in all the time.Some time they will earn huge and some times they will loss some.They also have the attitude of the partial win will be placed on the new bet.The high risk was the important character of the real gamblers.Some people the rest of 30 percentage will do the trade of analysis and keep the backup of 30 percentage all the time in their wallet.Not in Nigeria,most of the European Nations and the United States also made the empty wallet for the next wallet.Such people think the holding for the next trade is not a way of gambling.My suggestion will be hold some for the backup and to recover the loss money to gambling.

[panganib999]

I think this thread's supposed to be in the Gambling Discussion. But I digress.

Gambler's especially those that are impoverished, gamble because they want to get out of poverty and live that lavish life. The connection between lack of savings and gambling is a stretch if you'll ask me. It's like saying why are poor people gambling?

Moreover, gambling in a poor man's eye isn't a form of entertainment, it's an avenue to get rich quick without taking the grueling path of working yourself to death for financial freedom, which I can get behind since who doesn't want a few million bucks on their bank account just because you're lucky that you guessed the right numbers yeah? But it all comes full circle. it basically warrants the fact that most marginalized gamblers will not have savings, not because they are dumbfucks who aren't financially literate enough to save money for their future, but because they would rather focus on making sure they don't starve to death, before putting up money for savings and investment.

[stompix]

I want to ask a question. And I need serious answer from this forum, and my question is WHY DOES A GAMBLER DON'T HAVE A SAVINGS.

You're generalizing and this is never a good idea.
There are a lot of people from everywhere that don't have savings without being gamblers, the same thing is the other way around, there are enough gamblers who have more savings than the average non-gambler:
https://www.bi.team/blogs/dealing-new-data-what-bank-transactions-can-tell-us-about-gambling-behaviour/

A new survey has found that 29% of Europeans don’t have any personal savings, neither do 16% of Americans nor 23% of Australians.
vs
Monzo’s below-average gamblers contributed 42 times as much money into interest-earning savings accounts than they spent on gambling, while above-average gamblers contributed only 0.1 times as much as they spent on gambling.

Also, since you're a gambler yourself, does that mean you don't have any savings also?

I just stick real Madrid to win Valencia with my last $100 and the odds just increased wooo

Hmm, look who's calling the kettle black!  

[blockman]

This thread isn't suitable for bitcoin discussion. Much better this topic moved to the gambling discussion as said.

I want to ask a question. And I need serious answer from this forum, and my question is WHY DOES A GAMBLER DON'T HAVE A SAVINGS.
In my country (Nigeria) there are many gamblers who don't have savings and it isn't help matters at all. Most of these gamblers can't afford for there families but they can afford money they will use to gamble. So why are they not having savings that they can use to help there families in time of lack. Like they said, we save money so money can save us tomorrow. But these gamblers doesn't know that.

It's not just limited to your country but not entirely gamblers don't have a savings. There could be a few of them that has it and won't pursue saving because they'll just spend it later for their gambling habits.
While those that has it, it's likely that they're all gone because of compulsive gambling and that's why they intend not to save anymore as they know themselves better.

[abel1337]

I want to ask a question. And I need serious answer from this forum, and my question is WHY DOES A GAMBLER DON'T HAVE A SAVINGS.
In my country (Nigeria) there are many gamblers who don't have savings and it isn't help matters at all. Most of these gamblers can't afford for there families but they can afford money they will use to gamble. So why are they not having savings that they can use to help there families in time of lack. Like they said, we save money so money can save us tomorrow. But these gamblers doesn't know that.

Not every gambler is irresponsible as those gamblers that haven't save anything at all. There are many reasons why gamblers doesn't have or lost their money savings in their possession. One common reason for it is because of addiction, Most likely they try to gamble or spent their savings  on casino trying to recover from the original loss they have an didn't recover from it, After that they just don't think of building the saving funds again for thinking that they can easily build it again if they somehow won. Second common reason is lacking financial literature, this applies to all who don't have savings even you are not a gambler. We all should be responsible  for our future and savings can surely save our lives when dry season comes.

[Ojima-ojo]

I want to ask a question. And I need serious answer from this forum, and my question is WHY DOES A GAMBLER DON'T HAVE A SAVINGS.
In my country (Nigeria) there are many gamblers who don't have savings and it isn't help matters at all. Most of these gamblers can't afford for there families but they can afford money they will use to gamble. So why are they not having savings that they can use to help there families in time of lack. As they said, we save money so money can save us tomorrow. But these gamblers don't know that.

Most addicted gamblers don't have time for any other tho g but gambling, there can't focus on any project and make it successful this is because the gambling disorder has affected their way of reasoning.

Some time their believe f that because the money their use to get come in a small amounts at a got there don't care to know how much it will be in total accumulation if calculated over some time.

[Mahanton]

I want to ask a question. And I need serious answer from this forum, and my question is WHY DOES A GAMBLER DON'T HAVE A SAVINGS.
In my country (Nigeria) there are many gamblers who don't have savings and it isn't help matters at all. Most of these gamblers can't afford for there families but they can afford money they will use to gamble. So why are they not having savings that they can use to help there families in time of lack. As they said, we save money so money can save us tomorrow. But these gamblers don't know that.

Most addicted gamblers don't have time for any other tho g but gambling, there can't focus on any project and make it successful this is because the gambling disorder has affected their way of reasoning.

Some time their believe f that because the money their use to get come in a small amounts at a got there don't care to know how much it will be in total accumulation if calculated over some time.

True, you wouldn't mind on other things but rather having to play gambling no matter what.You wouldn't care about savings or whatsover as long you do able to play no matter what.
People would usually just stop when they dont have money to spare or to use and this is where realization of their mistakes would come from or would start which they had just able to to avoid
if they really just been minding with their actions or simply being sensible with it. We know that most of gamblers are family man or does have stable income but their habits and
other activities could really be a reason on why they do end up on a disaster.

[TimeTeller]

I want to ask a question. And I need serious answer from this forum, and my question is WHY DOES A GAMBLER DON'T HAVE A SAVINGS.
In my country (Nigeria) there are many gamblers who don't have savings and it isn't help matters at all. Most of these gamblers can't afford for there families but they can afford money they will use to gamble. So why are they not having savings that they can use to help there families in time of lack. As they said, we save money so money can save us tomorrow. But these gamblers don't know that.

Most addicted gamblers don't have time for any other tho g but gambling, there can't focus on any project and make it successful this is because the gambling disorder has affected their way of reasoning.

Some time their believe f that because the money their use to get come in a small amounts at a got there don't care to know how much it will be in total accumulation if calculated over some time.

True, you wouldn't mind on other things but rather having to play gambling no matter what.You wouldn't care about savings or whatsover as long you do able to play no matter what.
People would usually just stop when they dont have money to spare or to use and this is where realization of their mistakes would come from or would start which they had just able to to avoid
if they really just been minding with their actions or simply being sensible with it. We know that most of gamblers are family man or does have stable income but their habits and
other activities could really be a reason on why they do end up on a disaster.

If gamblers go to the extent of loaning money, and so using up all their savings is very easy.
So this is not hard to think about. If you are a gambler, you would want to use all the spare money that you have.
Some gamblers even go to the extent of consuming their money for basic necessities, making their families starve for hunger.
This is the reason why most of the addicted gamblers have family problems, because they are thinking first their gambling before the needs of their family.

[Johnyz]

I want to ask a question. And I need serious answer from this forum, and my question is WHY DOES A GAMBLER DON'T HAVE A SAVINGS.
In my country (Nigeria) there are many gamblers who don't have savings and it isn't help matters at all. Most of these gamblers can't afford for there families but they can afford money they will use to gamble. So why are they not having savings that they can use to help there families in time of lack. Like they said, we save money so money can save us tomorrow. But these gamblers doesn't know that.

Probably there is no stable source of income and those gamblers are hoping to get some money in gambling so they can finally have the money but the result is not good always. Having your savings and emergency fund is a must, you must not prioritize gambling if you still struggling with your finances. Many gamblers failed to have savings because they are too greedy, this has been the problem since then and its happening around the world.

[qwertyup23]

I want to ask a question. And I need serious answer from this forum, and my question is WHY DOES A GAMBLER DON'T HAVE A SAVINGS.
In my country (Nigeria) there are many gamblers who don't have savings and it isn't help matters at all. Most of these gamblers can't afford for there families but they can afford money they will use to gamble. So why are they not having savings that they can use to help there families in time of lack. Like they said, we save money so money can save us tomorrow. But these gamblers doesn't know that.

The simplest and shortest answer is due to their addiction. Instead of feeding and meeting their obligations, they would rather choose the selfish route of personally satisfying their greed for their addiction in gambling. This definitely also affects ultimately their savings and emergency money, which is also the reason on why majority of gamblers are high on debt.

If you know someone who is a gambler, then now is the time to at least educate and support them in solving their addiction in this dangerous habit. Not only are they slowly destroying their lives, but they are also affecting the people around them.