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Author Topic: Do you gamble because you don't have sufficient money?  (Read 7020 times)
Peanutswar
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August 12, 2023, 11:27:02 AM
 #241

Sometimes people are risk takers even though they have needs they will pursue their wants one example of it is those people who don't are in the middle to low class and they keep playing gambling even if they can not sustain their living from their perspective to hope to win a large amount but not it always happens in playing gambling always the house wins the game and the result is they didn't manage to hit the jackpot, lose their money and seek for a loan makes them to have debt.

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August 12, 2023, 11:32:01 AM
 #242

I think there are more people in the lower class and middle class compared to the really rich, because most of the people in the lower class are unemployed, and the majority of them also rely on easy and quick earnings and what they think of this card is gambling.

and those in the middle class also follow that somehow, because most of the rich people value money and to maintain it they build more businesses that can produce money.

Being in the lower class and hoping to win big one day is totally normal in my opinion. Some people can't live happily without that hope. And, in the lower class or not, you have the right to be happy. To satisfy that need you don't have to risk a lot of money. Buy a dollar lottery ticket once per month and hope for the best. But don't play in casinos thinking that a "winning strategy" will make you rich. Definitely don't rely on that.

I reckon that lottery is much more safe to play with because you don't have to have a big capital and it's not that you will be playing with it with a couple of hours where money is always running, it's just a dollar and a game of luck without doing so much effort in analyzing every set of game. You just have to have those lucky digits with you in-order to be lucky just like the few selected ones who was lucky enough to experience a win in the lottery.

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August 12, 2023, 11:33:07 AM
 #243

Sometimes people are risk takers even though they have needs they will pursue their wants one example of it is those people who don't are in the middle to low class and they keep playing gambling even if they can not sustain their living from their perspective to hope to win a large amount but not it always happens in playing gambling always the house wins the game and the result is they didn't manage to hit the jackpot, lose their money and seek for a loan makes them to have debt.

Not discriminating, but I have seen middle to low class income as the bracket for those gamblers who are willing to take that risk and go play in a landbase casinos and hope that they will be lucky enough to win big money and of course maybe they consider it as a way of income but that is a bad choice in life.

But who can blame them though? their life could be full of risk already that they are willing to go that far to gamble and see that day if they are going to be successful and so they can have food in the table for their families.

 
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August 12, 2023, 12:01:02 PM
 #244

Sometimes people are risk takers even though they have needs they will pursue their wants one example of it is those people who don't are in the middle to low class and they keep playing gambling even if they can not sustain their living from their perspective to hope to win a large amount but not it always happens in playing gambling always the house wins the game and the result is they didn't manage to hit the jackpot, lose their money and seek for a loan makes them to have debt.
In a game, of course, there are winners and losers, and if you play gambling and lose, then it is not the right solution to take a loan. This will certainly make the problem more complicated. If you have lost a large amount today, it's a good idea to have enough gambling for today, because today is not a lucky day for you, you better use another day to gamble, if you keep pushing for money loans then that will be very difficult detrimental to you.
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August 12, 2023, 12:42:11 PM
 #245

Sometimes people are risk takers even though they have needs they will pursue their wants one example of it is those people who don't are in the middle to low class and they keep playing gambling even if they can not sustain their living from their perspective to hope to win a large amount but not it always happens in playing gambling always the house wins the game and the result is they didn't manage to hit the jackpot, lose their money and seek for a loan makes them to have debt.
In a game, of course, there are winners and losers, and if you play gambling and lose, then it is not the right solution to take a loan. This will certainly make the problem more complicated. If you have lost a large amount today, it's a good idea to have enough gambling for today, because today is not a lucky day for you, you better use another day to gamble, if you keep pushing for money loans then that will be very difficult detrimental to you.

This is a true fact in gambling, before they start I am sure that they already know all the risks that will come to them, winning or losing is a common thing in every gambling and that is the answer to all their hopes. But it is very wrong if they have lost but still pursue it by depositing money in it again, this is not a good alternative to choose because even if they make a loan it will not increase the chances of winning unless luck comes. For those who take out loans to chase winning again, I would say that they are already at the stage of addiction in gambling and this is very appropriate to say. Because if they are not addicted, they will not do something based on emotion and they will only come back another time when they really want to play.

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August 12, 2023, 01:55:47 PM
 #246

Talking about gambling, percentages, the rich, the poor and the middle class, my understanding is that all of these categories are gambling, the rich also don't take it lightly when they place bets, up to millions of dollars, lower middle class and poor, of course in accordance with their finances.

However, if you ask about percentages.
So my question is, is the percentage of the rich gambling lower than the middle and lower class?
I believe that the lower middle class has the highest percentage of engaging in gambling, generally the behavior of lower class people, has strong illusions, but is lazy to work, what comes to mind is wanting to get rich quick, gambling solutions are good choices, in contrast to rich people who gamble, they want to show their greatness and wealth in gambling, so the percentage is small compared to lower-class people who gamble.

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August 12, 2023, 02:53:14 PM
 #247

Sometimes people are risk takers even though they have needs they will pursue their wants one example of it is those people who don't are in the middle to low class and they keep playing gambling even if they can not sustain their living from their perspective to hope to win a large amount but not it always happens in playing gambling always the house wins the game and the result is they didn't manage to hit the jackpot, lose their money and seek for a loan makes them to have debt.
In a game, of course, there are winners and losers, and if you play gambling and lose, then it is not the right solution to take a loan. This will certainly make the problem more complicated. If you have lost a large amount today, it's a good idea to have enough gambling for today, because today is not a lucky day for you, you better use another day to gamble, if you keep pushing for money loans then that will be very difficult detrimental to you.
Winning and losing are bound to exist in gambling, so we must be able to think about how far we can gamble and take risks to lose the money we use to gamble. And there are better solutions than taking loans to gamble because of the loss factor we face. When short on money, we should be able to work harder to make the money we want instead of borrowing money to gamble in hopes of winning some money. And if you still decide to gamble, at least you can know when you have to stop and won't be tempted to keep gambling with your remaining money. Perhaps Your luck will come another day, so if you still have the remaining money, you can use it to gamble another day.

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August 12, 2023, 03:06:59 PM
 #248

Sometimes people are risk takers even though they have needs they will pursue their wants one example of it is those people who don't are in the middle to low class and they keep playing gambling even if they can not sustain their living from their perspective to hope to win a large amount but not it always happens in playing gambling always the house wins the game and the result is they didn't manage to hit the jackpot, lose their money and seek for a loan makes them to have debt.
In a game, of course, there are winners and losers, and if you play gambling and lose, then it is not the right solution to take a loan. This will certainly make the problem more complicated. If you have lost a large amount today, it's a good idea to have enough gambling for today, because today is not a lucky day for you, you better use another day to gamble, if you keep pushing for money loans then that will be very difficult detrimental to you.
Winning and losing are bound to exist in gambling, so we must be able to think about how far we can gamble and take risks to lose the money we use to gamble. And there are better solutions than taking loans to gamble because of the loss factor we face. When short on money, we should be able to work harder to make the money we want instead of borrowing money to gamble in hopes of winning some money. And if you still decide to gamble, at least you can know when you have to stop and won't be tempted to keep gambling with your remaining money. Perhaps Your luck will come another day, so if you still have the remaining money, you can use it to gamble another day.

Just know your capabilities since if you have less money which you can afford to lose for sure you will never extend for more time to gamble because you don't have enough money to spend. If you know that its hard to let go the hard earned money you have much better to decide  to stop thinking about to gamble because you are just creating pressure to yourself and while you are into that situation for sure you might do or placed on wrong position that you might regret later on.

R


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Blitzboy
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August 12, 2023, 05:35:17 PM
 #249

Sometimes people are risk takers even though they have needs they will pursue their wants one example of it is those people who don't are in the middle to low class and they keep playing gambling even if they can not sustain their living from their perspective to hope to win a large amount but not it always happens in playing gambling always the house wins the game and the result is they didn't manage to hit the jackpot, lose their money and seek for a loan makes them to have debt.
In a game, of course, there are winners and losers, and if you play gambling and lose, then it is not the right solution to take a loan. This will certainly make the problem more complicated. If you have lost a large amount today, it's a good idea to have enough gambling for today, because today is not a lucky day for you, you better use another day to gamble, if you keep pushing for money loans then that will be very difficult detrimental to you.
Winning and losing are bound to exist in gambling, so we must be able to think about how far we can gamble and take risks to lose the money we use to gamble. And there are better solutions than taking loans to gamble because of the loss factor we face. When short on money, we should be able to work harder to make the money we want instead of borrowing money to gamble in hopes of winning some money. And if you still decide to gamble, at least you can know when you have to stop and won't be tempted to keep gambling with your remaining money. Perhaps Your luck will come another day, so if you still have the remaining money, you can use it to gamble another day.
Gambling is NOT a means to financial success! The house always wins; thats how casinos stay in business. Making a loan to gamble? A catastrophe is guaranteed by that. Debt burdens and losses from gambling can destroy life. Money is not something to play around with; rather, it is the product of sacrifice, hard work, and dedication. Those who think gambling will fix their money problems are fooling themselves. When it comes to gambling, its about time people realized that depending solely on "luck" is foolishness. Look for sustainable approaches to money management or wealth creation. The casino's glitz is a trap rather than a source of wealth. Recall that anything that seems too wonderful to be true most likely is.

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August 12, 2023, 05:42:03 PM
 #250

Making a loan to gamble? A catastrophe is guaranteed by that. Debt burdens and losses from gambling can destroy life.

Correct. Although I sometimes make a loan just to gamble but I only take micro loans with minimal interest rate which I can easily covered once I get my salary in the forum or from my business. Acquiring loan with huge amount just to fund gambling is really a worst idea and dumb ways to put yourself on loan trap cycle.

We should gamble because we are already sufficient money to have fun and not the other way around and use gambling to fill our financial shotness. It’s really absurd to rely on luck to fix your financial problem while you can find a decent job and earn consistently to solve your financial problems without relying on luck.

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August 12, 2023, 05:50:59 PM
 #251

This is a true fact in gambling, before they start I am sure that they already know all the risks that will come to them, winning or losing is a common thing in every gambling and that is the answer to all their hopes. But it is very wrong if they have lost but still pursue it by depositing money in it again, this is not a good alternative to choose because even if they make a loan it will not increase the chances of winning unless luck comes. For those who take out loans to chase winning again, I would say that they are already at the stage of addiction in gambling and this is very appropriate to say. Because if they are not addicted, they will not do something based on emotion and they will only come back another time when they really want to play.
That's right, if in order to continue gambling you need to take out a loan, or borrow money somewhere, then this is an addiction. I saw when young guys took everything out of the house to the pawnshop in order to have at least some money for gambling, it’s hard to say why this happened, this is a desire to win back the lost money, or they just needed to experience these emotions again, but in any case, this a big problem with which a person can not cope alone.

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August 12, 2023, 05:53:27 PM
 #252

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?
If we believe that such assumption can hold any argument then we will also believe that all gamblers are addicts since it the same level of assumption that make up for the misconceptions that everyone that gamble has financial needs that is why they gamble.

What about those that gamble just to while away free time or those that gamble on demo accounts that don't generate any rewards,  to me this is a big misunderstanding from the individual you mentioned here.

leonair
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August 12, 2023, 05:59:51 PM
 #253

This is a true fact in gambling, before they start I am sure that they already know all the risks that will come to them, winning or losing is a common thing in every gambling and that is the answer to all their hopes. But it is very wrong if they have lost but still pursue it by depositing money in it again, this is not a good alternative to choose because even if they make a loan it will not increase the chances of winning unless luck comes. For those who take out loans to chase winning again, I would say that they are already at the stage of addiction in gambling and this is very appropriate to say. Because if they are not addicted, they will not do something based on emotion and they will only come back another time when they really want to play.
That's right, if in order to continue gambling you need to take out a loan, or borrow money somewhere, then this is an addiction. I saw when young guys took everything out of the house to the pawnshop in order to have at least some money for gambling, it’s hard to say why this happened, this is a desire to win back the lost money, or they just needed to experience these emotions again, but in any case, this a big problem with which a person can not cope alone.
Some do the same thing again and again to increase their experience, some do it to become an expert, some do it because of addiction, some do it without understanding, some do it emotionally.  However, in gambling, addiction and emotionality both work to a greater extent. However, both addiction and emotions are constantly affected by gambling.
If someone gambles with a loan, he is one of the biggest fools

Gozie51 (OP)
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August 12, 2023, 06:09:01 PM
 #254

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?
If we believe that such assumption can hold any argument then we will also believe that all gamblers are addicts since it the same level of assumption that make up for the misconceptions that everyone that gamble has financial needs that is why they gamble.

What about those that gamble just to while away free time or those that gamble on demo accounts that don't generate any rewards,  to me this is a big misunderstanding from the individual you mentioned here.

Of course we know that gambling on demo account is not regarded as gambling,bI think that can pass for a practice for the real substance which requires money and emotional attachment most times.

However, those who gamble just for leisure, can we really regard them as gambler? Like if you are a gambler then you are aiming for a reward both monetary or material wise, so that is the point whether people do gamble because they have financial craving that they want to double their money or they just gamble even though they have sufficient to take care of themselves and family.

Wiwo
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August 12, 2023, 06:33:05 PM
 #255


Of course we know that gambling on demo account is not regarded as gambling,bI think that can pass for a practice for the real substance which requires money and emotional attachment most times.

However, those who gamble just for leisure, can we really regard them as gamblers? Like if you are a gambler then you are aiming for a reward both monetary or material wise, so that is the point whether people do gamble because they have financial craving that they want to double their money or they just gamble even though they have sufficient to take care of themselves and family.
Demo accounts are not considered to be real accounts and at that, we may have diverse opinions on what class the games belong either to be categorized as gambling or just games playing,  but I think that demo accounts are not real gambling since there is nothing staked on demo.

And on the topic of whether or not playing games for pleasure could be categorized as gambling,  well to me yes gambling is gambling as far as you involved money in the form of the staked amount.

bittraffic
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August 12, 2023, 06:59:34 PM
 #256

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?
If we believe that such assumption can hold any argument then we will also believe that all gamblers are addicts since it the same level of assumption that make up for the misconceptions that everyone that gamble has financial needs that is why they gamble.

What about those that gamble just to while away free time or those that gamble on demo accounts that don't generate any rewards,  to me this is a big misunderstanding from the individual you mentioned here.

Of course we know that gambling on demo account is not regarded as gambling,bI think that can pass for a practice for the real substance which requires money and emotional attachment most times.

However, those who gamble just for leisure, can we really regard them as gambler? Like if you are a gambler then you are aiming for a reward both monetary or material wise, so that is the point whether people do gamble because they have financial craving that they want to double their money or they just gamble even though they have sufficient to take care of themselves and family.

Casino's goal is to make every gamble. Whether you are among the haves and have-nots, you are considered a gambler and you are already in their database as among the users who gamble and it's just a matter of time and promotion, it won't take much to convince them to play.

Those who gamble for leisure travel hundreds of miles away only to gamble in a resort casino. A China man flies to Nevada only to play poker in Vegas. Pretty sure they have sufficient money to fly around so why not travel to Egypt to witness ancient pyramids for leisure, they chose a casino.

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August 12, 2023, 10:11:26 PM
 #257

However, those who gamble just for leisure, can we really regard them as gambler? Like if you are a gambler then you are aiming for a reward both monetary or material wise, so that is the point whether people do gamble because they have financial craving that they want to double their money or they just gamble even though they have sufficient to take care of themselves and family.

Someone once said that every individual who gambles is only gambling for the sake of money and not for fun. I think that's a bit correct (90%  Roll Eyes), but there's also the fact that some people don't just gamble because they are really very concerned and interested only in winning. I have seen someone who is working and earning well in his job, but the guy is still a gambler, and I find it difficult to believe that people like that are gambling primarily for the sake of making money from it. Although they gamble and have an interest in winning, but they have enough money to finance all their needs and pay bills. They are earning well, but since gambling is just part of them, they can't stop it. I think there are people who are just gambling for fun, and if they win or not, they will still go to gamble any time they have the time.

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August 12, 2023, 10:23:21 PM
 #258

Sometimes people are risk takers even though they have needs they will pursue their wants one example of it is those people who don't are in the middle to low class and they keep playing gambling even if they can not sustain their living from their perspective to hope to win a large amount but not it always happens in playing gambling always the house wins the game and the result is they didn't manage to hit the jackpot, lose their money and seek for a loan makes them to have debt.

That's why they take 'risks' - they want to win something from the little amount that they have in hopes of making it big and paying whatever needs to be paid and still keep some of that money. This is the start of problematic gambling for people: not being able to pay for their bills or expenses and then take risks in hopes of doubling their money. They win one time and think that they can do it again until such time that they go in debt and not be able to pay their bills and incur some debts on the side. I've seen it happen to some people and it's devastating how much destruction uncontrolled gambling cause to people.

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August 12, 2023, 10:54:22 PM
 #259

In a game, of course, there are winners and losers, and if you play gambling and lose, then it is not the right solution to take a loan. This will certainly make the problem more complicated. If you have lost a large amount today, it's a good idea to have enough gambling for today, because today is not a lucky day for you, you better use another day to gamble, if you keep pushing for money loans then that will be very difficult detrimental to you.

Using borrowed money to gamble is very wrong because you can lose the borrowed money and you'll now be in debts. Only use your spare money to gamble. Money that won't cause you much thinking when you lose them that's the money we are meant to use in gambling.

Gambling can be used to generate income for a professional that's taking gambling very serious. Gambling is meant to be use for fun and entertainment but it can also be used to support your daily life income but you shouldn't depend on it because it's not certain.

I can gamble because I have sufficient money and will be willing to risk losing those that I wager and I can also gamble because I don't have sufficient money at that moment and I'm looking for a means to double the money I have at hand so reason for gambling isn't limited.

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August 12, 2023, 11:59:37 PM
Last edit: August 13, 2023, 12:30:25 AM by STT
 #260

Other way round, gamble only excess money thats why its ideally suited to crypto I think.  I dont want the hassle of transferring crypto back to paper money so if I bet I do it in crypto value first before I would gamble paper money.   Paper I save for bills paying because obviously most high street firms only want to accept paper also its constantly losing value thanks to modern central bank theories to destroy the capital of the common worker, lovely people.
  If you lack capital, either dont gamble or reduce your risked amounts until you either start winning more or you regain a better source to bet with.  I get the theory OP is referencing and arguably poor people spend more on alcohol also and lots of other similar spending habits but we are just talking about percentages.  The rich stay rich often because they can invest large amounts as completely spare, your average worker often spends every penny its not exclusive to gambling use.

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