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Author Topic: Do you gamble because you don't have sufficient money?  (Read 6158 times)
Assface16678
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October 20, 2023, 06:15:01 AM
 #601

In my opinion, having a small amount of money when gambling is a very good thing, indirectly we reduce the risk in gambling such as not losing all our money. If we can apply this in our daily lives, it will be good in the future, and will not cause problems in our lives, because we realize that gambling should only be for entertainment, not to make money.
That is a very good thing because they will not experience as many losses and they can reduce their risks. And that's what we have to do when gambling because our goal in gambling is just to have fun. If we want to make money, we can work somewhere else that can provide that money. In gambling, we don't need to take too big a risk because it can result in big losses, especially since we know that gambling can tempt us to keep playing.
Yes, allocating a small amount of money for gambling is good; the smaller the capital, the smaller the losses, but what if you keep on refreshing your capital with a small amount? It still doesn't change the logic of losing a huge amount. It can apply to gambling addicts. Let's face it, a large percentage of people who gamble end up losing a large amount of money, disregarding discipline and their boundaries. It often happens to those who once got a big win or lost a huge amount. And yes, I will not be a hyprocrite. I do gambling aiming to earn a large amount of money; I treat it as my side hustle, so earning money is a higher percent than enjoying while playing gambling. Well, that's life; we've got to find something that could earn you extra money. Yes, there's more ways to earn, but this is the one that I believe could lead to wealth.

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October 20, 2023, 11:14:46 AM
 #602


Yes, allocating a small amount of money for gambling is good; the smaller the capital, the smaller the losses, but what if you keep on refreshing your capital with a small amount? It still doesn't change the logic of losing a huge amount. It can apply to gambling addicts. Let's face it, a large percentage of people who gamble end up losing a large amount of money, disregarding discipline and their boundaries. It often happens to those who once got a big win or lost a huge amount. And yes, I will not be a hyprocrite. I do gambling aiming to earn a large amount of money; I treat it as my side hustle, so earning money is a higher percent than enjoying while playing gambling. Well, that's life; we've got to find something that could earn you extra money. Yes, there's more ways to earn, but this is the one that I believe could lead to wealth.
That's right, even though we gamble using small or large amounts of money, what happens is winning and losing, so the impact is loss or even luck, from this we can understand that the results of gambling are unpredictable and we all have them. to be ready to accept all the risks, because you have entered the world of gambling.
Your honesty is very good and I can't fault it, because everyone has their own perception about gambling, there are those who gamble to get extra income and there are also those who gamble just for fun.
Meanwhile, if you gamble, you can increase your financial percentage and as a side money earner, in my opinion that is very good, but you must always remember that gambling does not always run smoothly, surely one day you will experience problems, either financially or in life. You.

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October 20, 2023, 12:14:47 PM
 #603

I was in argument with someone. His view is that people who gamble are those that what they have is not sufficient for them and so they try to make more money from gambling. He said if you have sufficient money to take care of your needs that you won't think of gambling. He made reference to some rich people, who don't gamble because they have sufficient money to even gift to charity but that those rich who still gamble are only addicted to it not just because of the money. Therefore, that the percentage of the rich gambling is very small compared to those in middle class and lower class.

So my question is, is the percentage of the rich gambling lower than the middle and lower class?

       -    Other wealthy individuals simply spend money while having pleasure gambling in a casino; the wasted money appears to be none of their concern, and still others are extremely wealthy and severely addicted to gambling.

However, the majority of the rich and lesser percentages that gambling do it for enjoyment, as opposed to the middle-class sort of people who, even with a modest amount of money, gamble to expand it in the hopes of winning the jackpot at the casino, or perhaps the lottery.

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October 20, 2023, 01:31:20 PM
 #604

I don’t think most people gamble because they don’t have sufficient funds. Quite the opposite actually. I think people gamble when they have funds burning a hole in their pocket and they’re looking for a little quick entertainment. Sure, there are plenty of people who gamble hoping to get rich, but they are usually the ones lacking funds.

Same here. I think its the other way around or it should be that way. Gambling motivations are diferrent for everyone but that having extra cash often fuels the desire to try one's luck because youre sure that it will be okay to lose the money if it happens.But yeah some may take the risk despite not having the money to bet because they see gambling as a potential way out of financial struggles, hoping for that big win to solve their problems. It's fascinating how different people approach it based on their circumstances. But we should learn to weigh the consequences of our choices especially for those who dont earn a lot. 

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October 20, 2023, 01:34:30 PM
 #605

No absolutely not.
I gamble Just because i like and i don't care if i can win or not a certain amount.
If you consider that only a big jackpot could change your Life its pretty clear that your economic condition should not be linked with gambling activity.
If you gamble to make Money without abreal expertise or some games related to "luck" factor (in my opinion) you're wasting money/time ..

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October 20, 2023, 01:51:30 PM
 #606

Well, yeah rich people has the minority when it comes to percentage in gambling but they do have the highest recorded loss correct me if I'm wrong  due to their ability to fund their past time. Poor people gamble for money and majority of them chase luck as most of us do when gambling. I don't really gamble myself with my hard earned money unless I got extra.



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October 20, 2023, 01:53:15 PM
 #607

I was in argument with someone. His view is that people who gamble are those that what they have is not sufficient for them and so they try to make more money from gambling. He said if you have sufficient money to take care of your needs that you won't think of gambling. He made reference to some rich people, who don't gamble because they have sufficient money to even gift to charity but that those rich who still gamble are only addicted to it not just because of the money. Therefore, that the percentage of the rich gambling is very small compared to those in middle class and lower class.

So my question is, is the percentage of the rich gambling lower than the middle and lower class?

       -    Other wealthy individuals simply spend money while having pleasure gambling in a casino; the wasted money appears to be none of their concern, and still others are extremely wealthy and severely addicted to gambling.

However, the majority of the rich and lesser percentages that gambling do it for enjoyment, as opposed to the middle-class sort of people who, even with a modest amount of money, gamble to expand it in the hopes of winning the jackpot at the casino, or perhaps the lottery.
I have noticed that some extremely wealthy individuals are active gamblers. I sometimes stumble across a post by one popular entertainer who stake with what others are targeting to win. Their winning is always big because of their staking amount.  It is funny but that is how the life is arranged.

I do not really think that those who are not balanced financially should be active in gambling.  

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October 20, 2023, 01:59:15 PM
 #608

Well, yeah rich people has the minority when it comes to percentage in gambling but they do have the highest recorded loss correct me if I'm wrong  due to their ability to fund their past time. Poor people gamble for money and majority of them chase luck as most of us do when gambling. I don't really gamble myself with my hard earned money unless I got extra.

Being a gambler,I had gamble when ever extra money was added to my wallet.The percentage of people gambling was high percentage made by the rich people.The poor people use to gamble for the only big win.If you ask the rich gambler and poor gambler their wish in the gambling will be totally different one.The poor people gamble to change their entire life by the gambling luck,but the rich people only gamble for the win or for the entertainment.Their was huge difference for playing the gambling for the big win and win.If the rich gambler had win the game,he get satisfied in gambling.But poor will satisfy only after the big win from gambling.

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October 20, 2023, 08:38:23 PM
 #609

I have noticed that some extremely wealthy individuals are active gamblers. I sometimes stumble across a post by one popular entertainer who stake with what others are targeting to win. Their winning is always big because of their staking amount.  It is funny but that is how the life is arranged.

I do not really think that those who are not balanced financially should be active in gambling.  
It will be to your great amazement if you get to know some caliber of people who actually gamble, and that's why they say the rich keeps getting richer and the poor stay poor, these people win big because of their staking power, when you have good staking power you Stand a better chance to get bigger wins that others because you don't have to make to many picks and you also don't need to sort for bigger odds to get big wins but with little stakes you will need a ton of odds to win big and most often than none they you don't get lucky with the multiple picks and big odds.

The wealth people can afford to lose the amount thy stake comfortably and wouldn't get hurt but some poor people are hoping to win the stake amount of these wealthy people, it's important to know that you shouldn't stake like them if you don't earn like them els you will suffer more than they do if your bet turns out a loss.

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October 20, 2023, 10:14:21 PM
 #610

I have noticed that some extremely wealthy individuals are active gamblers. I sometimes stumble across a post by one popular entertainer who stake with what others are targeting to win.
No matter how wealthy people may be the desire for more money will still be there, however most people feel the only people who gamble are the poor.

But on the contrary gambling is for the rich, because just like you said about wealthy individuals gambling, I have so many of them around, all they those every weekend is gambling and they're always wining and the difference between the wealthy gamblers and the poor gamblers is there pattern of gambling because the poor uses a smaller amounts with the aim of wining higher while rich uses there money to buy a sure game and stake higher, that's why gambling is for the rich.

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October 20, 2023, 10:39:45 PM
 #611

I have noticed that some extremely wealthy individuals are active gamblers. I sometimes stumble across a post by one popular entertainer who stake with what others are targeting to win. Their winning is always big because of their staking amount.  It is funny but that is how the life is arranged.

I do not really think that those who are not balanced financially should be active in gambling.  
Finance is everything in gambling, winning and losing both varies depending on the gambler's pocket size. The Influential and top gamblers have no problem wagering in the system, losing doesn't affect them in any way. They're probably handling and making crucial decisions, alot of average gamblers looked up to them for guidance. They're mostly considered as the successful gamblers because there not desperate for a win, but each time they bagged the system, they generates hugh figures which tends to be the dream of a gambler that's lacking initial capital to deposit.

R


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October 20, 2023, 10:56:54 PM
 #612

That's probably true that there are more middle and lower class that do gamble than the rich ones. But we need to provide accurate data on that because if not, then the other one is true that there are more rich gamblers than of the said two categories.

So talking about the latter, it's because they can do that freely and don't need to think of how they should acquire money because they already had it from their various source like businesses and investments.

Likely that most of those money generated from those sources are passive income. And they're free to spend that depending on what they wanna do with it like gambling it or giving it to the charity.

But just like them, I don't gamble with the actual money left on me. Usually, it's just the spare that I spend these days.



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October 20, 2023, 11:18:49 PM
 #613

I was in argument with someone. His view is that people who gamble are those that what they have is not sufficient for them and so they try to make more money from gambling. He said if you have sufficient money to take care of your needs that you won't think of gambling. He made reference to some rich people, who don't gamble because they have sufficient money to even gift to charity but that those rich who still gamble are only addicted to it not just because of the money. Therefore, that the percentage of the rich gambling is very small compared to those in middle class and lower class.

So my question is, is the percentage of the rich gambling lower than the middle and lower class?


for me that's not a good habbit cause we are all know  that gambling can not sustain our daily needs so it's better to not think that gambling can give us a a good amount every now and then. Anyways in gambling we can not deny the fact every one of us here already knew that once we are lucky enough and hit the jackpot then we can earn thounds or even millions once we have our luck.  But gambling is not a good one to become a source of income.

R


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October 21, 2023, 05:57:19 AM
 #614

Yes, allocating a small amount of money for gambling is good; the smaller the capital, the smaller the losses, but what if you keep on refreshing your capital with a small amount? It still doesn't change the logic of losing a huge amount. It can apply to gambling addicts. Let's face it, a large percentage of people who gamble end up losing a large amount of money, disregarding discipline and their boundaries. It often happens to those who once got a big win or lost a huge amount. And yes, I will not be a hyprocrite. I do gambling aiming to earn a large amount of money; I treat it as my side hustle, so earning money is a higher percent than enjoying while playing gambling. Well, that's life; we've got to find something that could earn you extra money. Yes, there's more ways to earn, but this is the one that I believe could lead to wealth.
That's the point of having a budget for gambling and always following that limit and not trying to increase your gambling budget. You will not gamble excessively by having a gambling budget and no desire to increase capital to gamble by depositing more money, especially when you lose. You will know that you don't need to use a lot of money to gamble because your goal in gambling is to have fun and when you are finished or have had that pleasure, you will immediately stop without thinking about anything else.

If you want to make extra money, you can do other things than gambling. By gambling, I don't think you can get extra money because of the losing factor that you will face. And you also have to think about the desire to continue gambling even though you have won because that desire might come and tell you to keep gambling.

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October 21, 2023, 12:33:24 PM
 #615

In my opinion money is everything in gambling with out money you can't be a gambler. We all know about gambling and maximum people who posted here some how everyone is connected with this section. That matter is very clear to all of us that if we want to be an gambler then we have to invest a minimum amount of money without expect any kind of profits. If somehow you are lucky in this sector then there is a quite possibility to get profit. But at the beginning of the be an gambler is to not easy . This sector make many people poor to rich and make many rich to poor . That's the reason if you wanna be an gambler you mast have knowledge about gambling and your financial condition must be good or you have to take money risk. Money is more important then taking knowledge. Knowledge is also important but money must be needed.
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October 21, 2023, 01:03:57 PM
Last edit: October 21, 2023, 01:28:26 PM by Honyek
 #616

Normally most people gamble because they don't have enough money to take care of their needs or essentials of life. They gamble hoping to hit big one day along the line and make things better for themselves. Rich people also gamble but they are not as desperate as the average people and the  poor, and also their number is much lower. There are also people that are addicted to gambling whether rich, average, or poor but majority of those people belong to the average category and the poor.
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October 21, 2023, 02:14:19 PM
 #617

If you want to make extra money, you can do other things than gambling. By gambling, I don't think you can get extra money because of the losing factor that you will face. And you also have to think about the desire to continue gambling even though you have won because that desire might come and tell you to keep gambling.
The mistake that people or beginners make is that they think that gambling is a source of income, so they think that playing gambling in a casino can give them extra money, but the sad fact is that many people lose at gambling and in the end become addicted. Instead of looking for extra money, it actually makes the situation worse. thus adding other new, unexpected expenses.

Gamblers who still have a mindset like that are difficult to advise even though they should be able to make extra money by trading or looking for a side job, it's not a good way to make extra money by gambling because it will only waste time and money so don't ever think that gambling it can make gamblers rich, that is obviously impossible due to the fact that many gamblers have lost a lot of money because of gambling.

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Rabata
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October 21, 2023, 02:33:26 PM
 #618

I have noticed that some extremely wealthy individuals are active gamblers. I sometimes stumble across a post by one popular entertainer who stake with what others are targeting to win. Their winning is always big because of their staking amount.  It is funny but that is how the life is arranged.

I do not really think that those who are not balanced financially should be active in gambling.  
Finance is everything in gambling, winning and losing both varies depending on the gambler's pocket size. The Influential and top gamblers have no problem wagering in the system, losing doesn't affect them in any way. They're probably handling and making crucial decisions, alot of average gamblers looked up to them for guidance. They're mostly considered as the successful gamblers because there not desperate for a win, but each time they bagged the system, they generates hugh figures which tends to be the dream of a gambler that's lacking initial capital to deposit.
I am not disputing your point but what I think in this case is that having more money is not the key to winning more in gambling. Because many people have money, those who fail to practice responsible gambling will lose their money. I emphasized early on that the more bankroll I could grow or the more money I had, the more I would win in gambling. Sometimes I thought that I would guarantee a win by using more money on low odds bets. But honestly, this kind of strategy doesn't always work. But those with a lot of money are usually brave. They don't have much regret when they lose a bet. As a result they are normal on subsequent bets and which can be a positive site for that particular gambler.

AicecreaME
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October 21, 2023, 02:44:11 PM
 #619


The mistake that people or beginners make is that they think that gambling is a source of income, so they think that playing gambling in a casino can give them extra money, but the sad fact is that many people lose at gambling and in the end become addicted. Instead of looking for extra money, it actually makes the situation worse. thus adding other new, unexpected expenses.

Gamblers who still have a mindset like that are difficult to advise even though they should be able to make extra money by trading or looking for a side job, it's not a good way to make extra money by gambling because it will only waste time and money so don't ever think that gambling it can make gamblers rich, that is obviously impossible due to the fact that many gamblers have lost a lot of money because of gambling.

Well, gambling can really be a source of income ONLY IF you are responsible, skilled, and lucky enough. It takes courage, time, patience, and of course, money to be able to make gambling as one of your stream of income. It is risky, yes. That is why it is important to establish your goal and your limitations the moment you enter the gambling industry. After all, it isn't for the faint hearted and it isn't for those people who aren't responsible enough for their own actions. Since every decision and action you make will have its repercussions, it's important to be wise so you won't fall into addiction or into bankruptcy.

It's possible to get rich in gambling, however, it will surely take time and money. Being focused to get what you want without sacrificing a lot of money and time is one of the key. Since at the end of the day, the most significant thing to do is to prioritize your necessities, your main job, and your family.
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October 21, 2023, 03:00:57 PM
 #620

If you want to make extra money, you can do other things than gambling.
To make money on “something else”, need to have some skills or abilities. The biggest danger of gambling is that there is an illusion of “earning money without knowing how to do anything and without making any effort.” Just press the button and you will become rich. This is what attracts gamblers in the first place - to get winnings/money without doing anything. This is something that casino owners successfully use to benefit their budget.

By gambling, I don't think you can get extra money because of the losing factor that you will face.
Gambling is an additional way to lose money rather than earn money. Their system is designed in such a way that players will certainly lose. The longer you play, the greater the losses will be.

And you also have to think about the desire to continue gambling even though you have won because that desire might come and tell you to keep gambling.
If you win, then you need to run away from the casino without looking back. Otherwise, in anticipation of winning again, you will continue the game and will certainly be left with empty pockets.

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