This is not Practical

[Z390]

It's hard to beat the house, gambling is a game of luck, so my answer will always be YES, I am going to keep using money that I can afford to lose, you should have ask people how much is money that can afford to lose, instead you said no one really have money they can afford to lose, you are wrong.

Even you OP has money you can afford to lose, let me give you an example, there must be sometimes in your life where you spend money on unnecessary things, those type of money are better use for investment or trying your luck.

Let me go deep into better explanation, if you are earning up to a 500 in dollars every month,  how will losing $1 on gambling every week affects you? Will you be willing to take risks with $1 and still have $499 left or you willing to take risks with $60 and have $440 left? You are the only one that can answer this, some money won't hurt even if you lose them.

Still not satisfied? Ok let me use this example again, how much have you paid on gas in crypto this year alone? Why didn't you feel pained when moving $100 to exchange using $2 every time? Because it's worth it, isn't it? It's just $2.

So use those money you will call "Just" to gamble, this is the perfect money for gambling, and only you knows the amount that won't do you a thing when you lose them.

[Jawhead999]

Sorry but I think trading is as risky as gambling. If you can't gamble then it is better to search for a job than doing any of gambling or trading. Trading involves high risk and many have analysed it to have some features as gambling although it may not be the same but the fact remains that it is also risk. But a job gives you a more relaxed mind without risk of losing your money to untraceable person  . Working has its advantage and disadvantage, and the disadvantage is that you won't earn more than the agreed payment but gambling gives you that risky advantage. However, for newbies who are finding it difficult gambling, choose to search for job.

I don't see any reason why you have to say "working" has it's advantage and disadvantage when every man in this world must work. Working isn't limited to working under someone or a company, but trading, business, freelancing and any other jobs that could give you money.

Gambling, on the other hand only make gambler keep losing their money, it's completely a wrong thought if gambling is a source of money.

[irsykes]

i also feel like its more of a theoretical thing than practical. but i believe with discipline it can be achieved. where people get it wrong is that how do you estimate or separate the money that you can afford to lose? if you can sincerely answer this question then it will help you to gamble responsibly and not to be addicted.

Discipline or how a person can manage money is very difficult if they are familiar with gambling, unless the person no longer has anything in the world, perhaps there will be changes, although not 100%. from mistakes will be lessons that  will not want to repeat, which I experienced several years ago. Even though I still gamble, I don't have big ambitions to win and I have allocated a certain amount of money. If you can control gambling just for fun, it might be better.

[madnessteat]

Each of us spends a certain part of our income on entertainment, which in principle we can refrain from. It should be understood that gambling is a high-risk entertainment, which will either increase your money or you will lose it. That is why every gambler must accept the notion that playing gambling he must play only on the money that he is ready to lose. Whether he loses this money or not is another matter, which depends on many factors such as luck, self-control, experience, etc.

[macson]

I have heard the advice that you should only use money you can afford to lose for gambling. I say that this is more theoretical than practical. Literally no one has money that they can afford to lose. I feel that money for gambling is a matter of opportunity cost. You either use the money for gambling or use it to meet a need. If using money one can afford to lose were practical there will be no need for articles on having a gambling budget or bank roll management. Hey gamblers my question is to you now is, the money you currently plan to use for gambling is it money that you can afford to lose?

i always gamble with money that i don't use for savings and daily necessities, i always gamble with my idle money and the amount i always use is not that big, people who always have problems with gambling usually use their savings, money  their families, borrowed money and money entrusted to others.  Wise gamblers will not spend money they cannot afford to lose because they know the root of all problems that occur is when they fail to manage their money well.

[maydna]

i also feel like its more of a theoretical thing than practical. but i believe with discipline it can be achieved. where people get it wrong is that how do you estimate or separate the money that you can afford to lose? if you can sincerely answer this question then it will help you to gamble responsibly and not to be addicted.

Discipline or how a person can manage money is very difficult if they are familiar with gambling, unless the person no longer has anything in the world, perhaps there will be changes, although not 100%. from mistakes will be lessons that  will not want to repeat, which I experienced several years ago. Even though I still gamble, I don't have big ambitions to win and I have allocated a certain amount of money. If you can control gambling just for fun, it might be better.

But someone who is used to gambling still has the opportunity to manage his money to prevent the risk of losing a lot of money. Everything can be learned so that the person doesn't have to go through a bad experience. As long as there is a desire to change his bad habits and there are concrete actions he takes, he can do it, especially if he continues to practice it until he gets used to it. When he gets used to it, he will only gamble with the money he can afford and will not go through with it because he has already been in that situation. He no longer wants to have the same experience as before, so he tries to tighten his budget and will not gamble excessively.

[YOSHIE]

I have heard the advice that you should only use money you can afford to lose for gambling. I say that this is more theoretical than practical. Literally no one has money that they can afford to lose. I feel that money for gambling is a matter of opportunity cost. You either use the money for gambling or use it to meet a need.

What you say, maybe it's true, the facts on the ground are different from what we are talking about, theory and practice are two different traits, but behind all that those involved in gambling have different characters and traits, In my opinion, there are levels of people who gamble, from ordinary gamblers to high class gamblers, from entertainment to high level addiction, that's what differentiates the funds used for gambling.

For those on the verge of addiction, they use unlimited money to gamble, from savings, selling property, to gambling, However, there are also those who use money to gamble with the money ready to be lost and there are also those who are unemployed but they are affected by gambling, By not having money, they don't think much about what money they use for gambling in the hope of winning and making a profit, it doesn't matter where the money comes from, the important thing is money.

Of the many cases we have seen of someone using money to gamble, everything that is said is true, because a thousand people have a thousand ways of using money for gambling, losing money, entertainment, profit, making a living and so on, all of them are true.

[Weawant]

I don't see any reason why you have to say "working" has it's advantage and disadvantage when every man in this world must work. Working isn't limited to working under someone or a company, but trading, business, freelancing and any other jobs that could give you money.

Gambling, on the other hand only make gambler keep losing their money, it's completely a wrong thought if gambling is a source of money.

It's totally wrong to make gambling a source of income as it can be very risky and can cause some level of frustration especially when you have series of losses, gambling should be on the side and be used for fun and better for entertainment but to use as a primary source of income is not ideal because it can't guarantee you money at any time but will rather take it most time.

It is advised you get a proper paying job then do not Use gamble as the source of income, you can at times use residual money from your income to place bets and if it turns a winner you be fine but if it turns out loss you may not have to border as it was something you could afford to loose but when you add desperation or probably budget and make plans with all hopes on gamble money you tend to loose more.

Of course as gambling has it's advantages and disadvantages so dose work has it's advantages and disadvantages aswell,  but then it's important and very essential you gat a job regardless of it's advantages and disadvantages because you wouldn't dwell on these disadvantages and decide not to work and stay idle, that way you wouldn't have the fund to even consider gamble an entertainment.

[irsykes]

i also feel like its more of a theoretical thing than practical. but i believe with discipline it can be achieved. where people get it wrong is that how do you estimate or separate the money that you can afford to lose? if you can sincerely answer this question then it will help you to gamble responsibly and not to be addicted.

Discipline or how a person can manage money is very difficult if they are familiar with gambling, unless the person no longer has anything in the world, perhaps there will be changes, although not 100%. from mistakes will be lessons that  will not want to repeat, which I experienced several years ago. Even though I still gamble, I don't have big ambitions to win and I have allocated a certain amount of money. If you can control gambling just for fun, it might be better.

But someone who is used to gambling still has the opportunity to manage his money to prevent the risk of losing a lot of money. Everything can be learned so that the person doesn't have to go through a bad experience. As long as there is a desire to change his bad habits and there are concrete actions he takes, he can do it, especially if he continues to practice it until he gets used to it. When he gets used to it, he will only gamble with the money he can afford and will not go through with it because he has already been in that situation. He no longer wants to have the same experience as before, so he tries to tighten his budget and will not gamble excessively.

If the person is a gambling addict, it will be difficult for him to manage his money so that he can live a normal life. On average, people who have been damaged will continue to gamble until they get a lot of money on their mind. For example, if a neighbor or friend is devastated by gambling, if they see this, it will be difficult to learn to improve themselves or become a basis for managing money. This is something that rarely cannot be anticipated or is very difficult to be aware of.

[Sanugarid]

Is the money you currently plan to use for gambling money you can afford to lose?

I can say yes, for me. We all know that you don't always win when it comes to gambling, you always lose. For me, gambling is just a pastime, a habit to not get bored, I don't gamble to get a lot of money or earn it like others do. I am disciplined and have self control when it comes to gambling. Others make it a source of income so it becomes a big deal for others. So I can say that the money I plan to use for gambling I can afford to lose. Because it's already planned, budgeted. It's not painful or sad to lose

[Vaculin]

I have heard the advice that you should only use money you can afford to lose for gambling. I say that this is more theoretical than practical. Literally no one has money that they can afford to lose. I feel that money for gambling is a matter of opportunity cost. You either use the money for gambling or use it to meet a need. If using money one can afford to lose were practical there will be no need for articles on having a gambling budget or bank roll management. Hey gamblers my question is to you now is, the money you currently plan to use for gambling is it money that you can afford to lose?

Yes, I will always chose to gamble money that is not intended to pay the bills, in short it's my spare money that I can manage to lose. That way, even if I lose all of them, it will never affect my finances and savings. And the fact that gambling is more certain on losses than gains, then we should be more responsible on using the funds that are not needed at the moment.

[madnessteat]

^

That's what I think, too. I can spend my free money any way I want. I can buy myself something useful, or I can just gamble after work or on weekends. Personally, after several years of gambling, I have a clear understanding that the money I plan to gamble on will most likely lose. Therefore, parting with this money is not so miserable, and winnings inspire me and make me the happiest.   

[mirakal]

Definitely yes. I will never gamble my money if I know I can’t manage it to lose, or it’s something that is currently needed on some important matter. But knowing it’s my extra cash, so I think I can freely use it for my entertainment satisfaction and gambling is probably the best thing that could give me fun after playing its game. So no matter how the things will go, even if it could be a loss, it doesn’t matter actually as long as gambling games have satisfied me. But it will be more fun also if I happened to win the game and double my money from gambling.

[lionheart78]

In all given replies, it proves that the advice gambling only what we can afford to lose is not just some theoretical practice or any unproven method to keep one from being too hooked on gambling.  Gambling what we can afford to lose is one of the practices under responsible gambling which is also an advice of the government and other concern individuals when it comes to gambling activity.

There are lots of stories where one person befall to gambling addiction and financial ruins because they don't follow the advice of gambling only the money that we can afford to lose.  So these kinds of different people sharing the same story is a proof that the advice of gambling only what we can afford to lose is one of the best practical advice and application that a gambler must follow to avoid financial ruins.

It's hard to beat the house, gambling is a game of luck, so my answer will always be YES, I am going to keep using money that I can afford to lose, you should have ask people how much is money that can afford to lose, instead you said no one really have money they can afford to lose, you are wrong.

Even you OP has money you can afford to lose, let me give you an example, there must be sometimes in your life where you spend money on unnecessary things, those type of money are better use for investment or trying your luck.

Let me go deep into better explanation, if you are earning up to a 500 in dollars every month,  how will losing $1 on gambling every week affects you? Will you be willing to take risks with $1 and still have $499 left or you willing to take risks with $60 and have $440 left? You are the only one that can answer this, some money won't hurt even if you lose them.

Still not satisfied? Ok let me use this example again, how much have you paid on gas in crypto this year alone? Why didn't you feel pained when moving $100 to exchange using $2 every time? Because it's worth it, isn't it? It's just $2.

So use those money you will call "Just" to gamble, this is the perfect money for gambling, and only you knows the amount that won't do you a thing when you lose them.

This one is a good example why people have spare money to spend and can afford to lose.

[maydna]

~snip~

If the person is a gambling addict, it will be difficult for him to manage his money so that he can live a normal life. On average, people who have been damaged will continue to gamble until they get a lot of money on their mind. For example, if a neighbor or friend is devastated by gambling, if they see this, it will be difficult to learn to improve themselves or become a basis for managing money. This is something that rarely cannot be anticipated or is very difficult to be aware of.

Those who are addicted to gambling will not be able to control the use of their money because they will gamble excessively and feel that they have not gambled enough. These people have been harmed by gambling but cannot realize it and just continue gambling. But they can also hide their gambling activities from others so that others will see them as someone who is okay even though they are not. And if that were the case, it would be difficult to watch out for, know, or even anticipate because he could always hide his gambling activities. It might be difficult for him to cure his gambling addiction if he doesn't realize that he is addicted to gambling and needs help from other people.

[irsykes]

~snip~

If the person is a gambling addict, it will be difficult for him to manage his money so that he can live a normal life. On average, people who have been damaged will continue to gamble until they get a lot of money on their mind. For example, if a neighbor or friend is devastated by gambling, if they see this, it will be difficult to learn to improve themselves or become a basis for managing money. This is something that rarely cannot be anticipated or is very difficult to be aware of.

Those who are addicted to gambling will not be able to control the use of their money because they will gamble excessively and feel that they have not gambled enough. These people have been harmed by gambling but cannot realize it and just continue gambling. But they can also hide their gambling activities from others so that others will see them as someone who is okay even though they are not. And if that were the case, it would be difficult to watch out for, know, or even anticipate because he could always hide his gambling activities. It might be difficult for him to cure his gambling addiction if he doesn't realize that he is addicted to gambling and needs help from other people.

There are also those who realize that they have lost a lot of money in gambling but can still prioritize gambling, so the main thing is that the family's needs must be neglected because of the effects of addiction. all he has in mind is winning big doubles, not looking for fun or entertainment. even though asking for advice from friends is not 100% going to come back. only time will determine future changes. regret always comes at the end

[maydna]

~snip~

There are also those who realize that they have lost a lot of money in gambling but can still prioritize gambling, so the main thing is that the family's needs must be neglected because of the effects of addiction. all he has in mind is winning big doubles, not looking for fun or entertainment. even though asking for advice from friends is not 100% going to come back. only time will determine future changes. regret always comes at the end

If they realize that they have lost a lot of money but can still gamble, they have to really feel that they have lost a lot of money before they can really realize that they have to fulfill the neglected needs of their family. That will make his family unable to buy their daily needs because all the money is used for gambling. And this person should be aware of his mistakes, and he should leave gambling and never gamble again. But if he continues to gamble, it seems like this person is so addicted to gambling that he can't differentiate between which money is for gambling and which is to meet his family's needs.

[irsykes]

~snip~

There are also those who realize that they have lost a lot of money in gambling but can still prioritize gambling, so the main thing is that the family's needs must be neglected because of the effects of addiction. all he has in mind is winning big doubles, not looking for fun or entertainment. even though asking for advice from friends is not 100% going to come back. only time will determine future changes. regret always comes at the end

If they realize that they have lost a lot of money but can still gamble, they have to really feel that they have lost a lot of money before they can really realize that they have to fulfill the neglected needs of their family. That will make his family unable to buy their daily needs because all the money is used for gambling. And this person should be aware of his mistakes, and he should leave gambling and never gamble again. But if he continues to gamble, it seems like this person is so addicted to gambling that he can't differentiate between which money is for gambling and which is to meet his family's needs.

The sensation of being comfortable in the world of gambling is definitely addictive, most of them will find it difficult to carry out work activities because their brains are unhealthy and expect too much. Most of them end up losing and their families are destroyed or survive because of their uncertain gambling appetite. The process of getting rid of gambling addiction is not easy. The lowest point of having nothing forever will probably be something to reflect on in the future and not repeat it

[2Pizza410000BTC]

I have heard the advice that you should only use money you can afford to lose for gambling. I say that this is more theoretical than practical. Literally no one has money that they can afford to lose. I feel that money for gambling is a matter of opportunity cost. You either use the money for gambling or use it to meet a need. If using money one can afford to lose were practical there will be no need for articles on having a gambling budget or bank roll management. Hey gamblers my question is to you now is, the money you currently plan to use for gambling is it money that you can afford to lose?

Those of us who gamble for fun and gamble to make money never gamble to lose money. Everyone has a hope that he will earn money instead of losing it. Here the money I use for gambling is definitely my hard earned money. I never want to lose this hard earned money but sometimes the cruel twist of fate makes me lose it. Many people say to gamble only as much as you can afford to lose. Here I also have an answer that I never want to lose money even if we participate in gambling and lose. I feel so helpless when I'm lost. Now I can never lose the money I earn.

[Fortify]

I have heard the advice that you should only use money you can afford to lose for gambling. I say that this is more theoretical than practical. Literally no one has money that they can afford to lose. I feel that money for gambling is a matter of opportunity cost. You either use the money for gambling or use it to meet a need. If using money one can afford to lose were practical there will be no need for articles on having a gambling budget or bank roll management. Hey gamblers my question is to you now is, the money you currently plan to use for gambling is it money that you can afford to lose?

Well you seem to live a different lifestyle to others, where you may consider that you cannot afford to lose any money. However if you look at it differently and as a form of entertainment, then it can make more sense. For a example some people find pleasure in going bowling or to the cinema, even paying $20 for the privilege. That is a fun experience to them. Other people choose gambling as a fun experience, outlet and way to spend their free cash. Neither is better or worse than the other, as long as the person stays in control of their budget.