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Author Topic: Do you gamble because you don't have sufficient money?  (Read 7080 times)
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November 23, 2023, 03:57:44 PM
 #701

Well, I think something, that the core of all this is based on the quality of the financial education that the person has. to have money, the person must be intelligent , because money runs out. Another very valid option is that when people try not to have a lot of money and decide to play not to have fun but to multiply their money, it is the worst mistake they can make in life
obviously that is an issue. For a gambler, he must have knowledge how to take care of his financial management besides having skillful about gambling sector also. Person who have less money & the person who have much money, both can enjoy gambling until decide to multiple funds within short time, for example you mentioned about casions! I think It isn't easy ever possible to beat casinos continuously but people start doing so after losing money cause sometimes they have own insufficient amounts at the end. This thing should be focused.

Well, in many cases we have to always have the most correct way to make our money, I actually do not advise playing in a casino if there is not enough money, because it is a double-edged sword, because it can happen When does a person start betting what they have and lose everything? How does he respond for his activities and obligatory expenses as a person? I don't even want to imagine what I can do if the money someone spends in a casino and it is money committed to buying something for their family, food, something like that, I personally wouldn't know how to say that if someone thinks like that and that happens to them Well, it is something hard, very difficult, I would think that you can do something, not play when you have little money, because even if it is the most feasible way to win, it is very likely that you will lose, in the casinos We have to be very decisive with our decisions and with the money we are willing to lose, there is no other option, when there is little9 money the priorities must be very limited.

In a game where a person's finances are very small, one should not play or place bets, because it is preferable not to risk doing something like that. I am one of those who think that if there is little money, it should be multiplied, but in no case Likewise, in other types of businesses, because a casino may or may not be lucky, if not lucky then things don't go well, where will that money be recovered? Nobody can give us a chance to try and it's not the idea either, unless you bet on a sports bet, but it is something that should not be done, I would think that a person who enters a casino must have that money to lose it, where You want to win and if you win something, it is best to withdraw the money to be able to enjoy what you win, but in general terms I will always recommend that the best thing for this will always be to save the little money and try to find more , but first resolve the necessary obligations.

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November 23, 2023, 04:09:33 PM
 #702

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?
There are many people who are financially weak but they think that by gambling they can win a lot of money and become rich because of this middle class and lower class people are addicted to gambling to a greater extent and there are some people who are financially very strong but they gamble for pleasure. And those who gamble for pleasure understand the real fun of gambling. Because they don't care whether they win or lose money, their goal is to enjoy gambling. And those who gamble to get rich always gamble with fear so they don't get the real fun of gambling
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November 23, 2023, 05:07:55 PM
 #703

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?

First of, I'm 100% against the notion that gamblers only gambling because they do not have enough or sufficient money to fend for their needs, no, that assertion is totally wrong. Yes the purpose of gambling is to make extra money, having extra money is different from having insufficient money. I mean who doesn't want what you already have being multiplied by 2X or 3X and so on, dos that mean you don't have enough to fend for your needs? Absolutely not.

Different people have different reasons to why they gamble, yes some gamble because they don't have enough money and wish to multiply the little they have to be enough to fend for their immediate needs but that doesn't mean it applies to others or majority. You'll agree with me that there are people in the middle and lower class that gamble not for addiction or because of insufficiency but for other reasons too, maybe for fun or just for he extra cash so that assertion is totally wrong.
While everyone has different reasons for gambling most gamblers except for responsible gamblers do not view gambling as a form of entertainment. It is not possible to make extra money gambling and those who consider the source of income will be more at risk. Greed works in them and they become addicted to bet later to earn more. The middle class and the lower class have much less money than the rich so they bet to get more money. Gamblers should remember this much before becoming addicted that it is difficult to make easy money from gambling. Luck is involved here and everything will be lost if it becomes too addictive.

  Other gamblers who believe gambling is a source of revenue may be gaming to increase the modest amount of money they will invest into the gambling or casino they will enter.

 
Quote
 We also know that gambling may be extremely addicting and that it might lead to financial troubles in the future. According to the National Council on Problem Gambling's (NCPG) United States Gambling Participation and Problem Gambling Report, 17.9% of families earning less than $12,000 gambled in the previous year, compared to 7.9% of households earning more than $75,000.
However, for some people, gambling can be an enjoyable and harmless pastime. However, it is critical to be informed of the hazards involved and to bet sensibly.

https://mn.gov/dhs/assets/2020-02-compulsive-gambling-bhd_tcm1053-445462.pdf

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November 23, 2023, 05:20:26 PM
 #704

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?

These are the most dangerous kind of gamblers, those who are doing it out of desperation. Gambling should be kept to a fun side activity, something you can do with a small budget solo or enjoy with a group of friends in an appropriate setting. Unless you are a professional poker player or working in an equally skill based game, you're never going to make enough money to justify time and money spent. You also need to understand the economics involved, because even as a pro poker player in America trying to make a living wage, you might be trying to hustle against people who are happy to be earning $3 an hour in certain countries which more than covers their expenses and is a very nice income for them.

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November 23, 2023, 05:27:19 PM
 #705

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?

These are the most dangerous kind of gamblers, those who are doing it out of desperation. Gambling should be kept to a fun side activity, something you can do with a small budget solo or enjoy with a group of friends in an appropriate setting. Unless you are a professional poker player or working in an equally skill based game, you're never going to make enough money to justify time and money spent. You also need to understand the economics involved, because even as a pro poker player in America trying to make a living wage, you might be trying to hustle against people who are happy to be earning $3 an hour in certain countries which more than covers their expenses and is a very nice income for them.
No matter on what are your aims and goals or perception towards gambling whether should be for fun or for money, there would really be definitely comes a time that you would really be that desperate
specially on the time that you would really be recovering your losses on which this is something a very common thing to happen for most gamblers. Gambling should really be for fun and it is really just that
normal that you should really be only spending on the amount on which you can afford to lose. It is really just that a very bad kind of consideration that you do gamble just because you dont have sufficient money?
Making gambling as your resort on dealing up with things and hoping that you could make one?

You are just basically putting up yourself on so much trouble instead. Gambling is something that do talks about losing more because gambling is risky and house do always win and
it would really be mainly determining on how luck you are. Results or outcomes would really be that entirely different to each other on which it would really be just that a common
approach that there are ones who are really that mindful and there are ones who are just that too careless.

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November 23, 2023, 06:02:32 PM
 #706

While everyone has different reasons for gambling most gamblers except for responsible gamblers do not view gambling as a form of entertainment. It is not possible to make extra money gambling and those who consider the source of income will be more at risk. Greed works in them and they become addicted to bet later to earn more. The middle class and the lower class have much less money than the rich so they bet to get more money. Gamblers should remember this much before becoming addicted that it is difficult to make easy money from gambling. Luck is involved here and everything will be lost if it becomes too addictive.

Gambling is the last place to become addictive because you are allowed to play in most countries as long as you are able to provide for it but the problem here is when you only have enough to provide for your families and essential needs. this is where most people fail because they think of only the short period, they don't have any idea of where they are heading. They end up becoming addicted and forget their responsibilities and the worst part is, that they become robbers and thieves who don't care anymore as long as they can find their addictions. Addiction has a cure and it can only cure whoever wants to change themselves for good.
I won't deny what you said but the description you give is not the case for everyone. I have seen some addicted gamblers from financially well families who do not indulge in any illegal activities even when they run out of money. If they can't manage money then they are busy collecting money for that time. But gambling can become a big problem for those gamblers who do not have sufficient ুfinancial support in the family and become addicted. Because they can do various misdeeds to collect money. I myself have known of cases where crimes were committed due to collecting of gambling money.

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November 23, 2023, 06:11:25 PM
 #707

These are the most dangerous kind of gamblers, those who are doing it out of desperation. Gambling should be kept to a fun side activity, something you can do with a small budget solo or enjoy with a group of friends in an appropriate setting.
No matter on what are your aims and goals or perception towards gambling whether should be for fun or for money, there would really be definitely comes a time that you would really be that desperate
specially on the time that you would really be recovering your losses on which this is something a very common thing to happen for most gamblers.
And not only when you are trying to recover your loses that a gambler could go into separation, but after you may have seen someone very close to you wining a huge sum with the same game you are playing for fun, is another time that could make a gambler go into desperation trying to see if he/she too can win a good sum. Because inasmuch as most people say they do gamble for fun and not money, I can assure you that 99% of people who gambles gamble for the money,  because even the owners of the casino launched it for the sake of money, hence, money is one thing that can never be over emphasize when it comes to gambling, and the earlier we know, the better for us, as we gamble responsibly with an amount of money we can always afford to lose.

 
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November 23, 2023, 06:18:13 PM
 #708

It seems so, I think lately most of them come to gambling with the intention of wanting to earn and not to gamble properly or the intention is to find entertainment when they feel bored. Basically there are many factors that can encourage them to enter or get involved in this gambling, it could be because of the very low economic factors that make them finally look for shortcuts to get money instantly, especially if they see some people around them who managed to win a big jackpot and it is very tempting their eyes.

Without looking for other information about what can happen in gambling, especially the risk of losing, it is because maybe their conditions are very pressed in terms of the economy and needs that cannot be fulfilled if they only rely on their main job with very low wages. So the point is that many people come with different goals and different causes. Honestly, I hope that they can consider first before deciding or acting, if they see something that seems tempting then I think they should look from various sides about the negative things that can have an impact, not just look at the positive side because there are also many people who are trapped in addiction because they only see from one side.

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November 23, 2023, 06:24:24 PM
 #709

~Snip
There are many people who are financially weak but they think that by gambling they can win a lot of money and become rich because of this middle class and lower class people are addicted to gambling to a greater extent and there are some people who are financially very strong but they gamble for pleasure. And those who gamble for pleasure understand the real fun of gambling. Because they don't care whether they win or lose money, their goal is to enjoy gambling. And those who gamble to get rich always gamble with fear so they don't get the real fun of gambling
The wrong mindset about gambling can easily land gamblers in big trouble. One should not think that gambling is the best place to double one's money without the risk of losing it all, but this mindset exists among some gamblers regardless of their skill in a game.

Gambling is just a game and should be treated like a game. Winnings are just a bonus even though every gambler is obliged to pay for the games they play. This mindset seems difficult to find among gamblers because almost all gamblers gamble to make money. I personally also had the wrong mindset about gambling, but in the end I realized that it would not bring me pleasure.

.
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November 23, 2023, 06:30:01 PM
 #710

For fun. I don't know about others but I gambled to relieved me of stress. People gamble because of a lot of reasons but most of the time the main goal is money. While many of us might think it should only be played as a gaining tons of money but I don't. If you observe closely you will see less developed countries gamble the most and have the most gamblers even thought they can't effort. Not only they can't effort is they are also addicted to it. The only thing they want is money money and money.
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November 23, 2023, 07:02:11 PM
 #711

For fun. I don't know about others but I gambled to relieved me of stress. People gamble because of a lot of reasons but most of the time the main goal is money. While many of us might think it should only be played as a gaining tons of money but I don't. If you observe closely you will see less developed countries gamble the most and have the most gamblers even thought they can't effort. Not only they can't effort is they are also addicted to it. The only thing they want is money money and money.

I don't think people gamble for fun; I think they gamble for money because even if you have money, some people don't like anything like investing to double their money; they see it as a waste of time; they will just stake game to win huge money; I know one person who likes gambling; he uses 100$ to stake 35 games to win 2.5 million; and I don't think that will happen because he used to play game every weekend and used to lose and he doesn't want to change to another plan, because he is used to it and believes he will most likely win before he stops and I don't think that will happen if he plays like that, people who win games in gambling stake 3 to 5odd and put huge money and win big money but using small money and winning big will be very difficult for everyone except you are lucky.

Many people gamble due to a lack of funds to care for themselves or for other reasons, and other people take it as a job because if jobs are scarce in a country, many adolescents play bets to make some money and support themselves.

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November 23, 2023, 10:00:59 PM
 #712

Everyone on earth wants to make more money, even the rich people, and gambling has been most of the quick sources the rich people use to make more money for themselves. It would be poor reasoning if I should see a rich person gambling and classify him as someone who doesn't have what is sufficient for himself. It is like the person you are arguing with doesn't know that money is never enough for some people even when you find them rich.

I believe the rich and the poor all need money for reasons best known to them like expanding their businesses, paying bills, taking care of their families, etc. Gambling seems to be the easiest way for them to try their luck for that.

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November 23, 2023, 10:24:05 PM
 #713

Try to solve financial issues with spending or investing money imo isnt the right thing to do. It is like trying to fight fire with fire. The only solution to sufficient money I see is simple - finding new or extra work. Maybe it is ok to make a so called safe bet, but it will bring little money only. Making a huge bet is risky, and on a distance multiple safe bets eventually gonna turn into a loosing one. Imo gambling is not a solution to get more money.

Unfortunately, that's what people do. Some people even avoid gambling for a while but the moment they have a financial difficulties, doubling the money is always their first solution. I have seen students in many occasions used their school fees to bets and loss everything in the process and I have also seen some win and when you ask them why take such kind of risk, they tell you it's because they don't have money at hand and everything left will be zero after they pay the school fees.

Go to higher institutions, places like my Alumni, the Student union government has to plead with the school management not to close the school portal and give sometime for the students that are yet to pay their money to pay up because many of them didn't eat the money but habe foolishly stake the money to bets and they loss everything in the process.

There are even people that use money they are supposed to used to travel out been used for gam, this is to show you that people are really weird and will do anything more than gambling to double their money if there is actually a way for them to do that kind of stuffs.

.
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November 23, 2023, 11:54:52 PM
 #714

Gambling because you are poor might be one of lifes greatest ironys but its quite realistic I suppose.  I thinking of it was from the perspective of cheap entertainment, even going to see a movie nowadays can be a wallet busting activity and the copyright movies are closely held by tradational industry so that its in the hands of big business.   However anyone at all in life can gamble using just a simple set of cards or similar, nobody can stop you having a quick game and ideally its friendly local and not too expensive in the risk vs fun factor.     It could be a real positive activity if you somehow like playing cards, gambling and dont lose anything big its cheaper then drinking etc.   Many gambling as a negative but imo its not most of the time when in moderation.

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November 23, 2023, 11:59:23 PM
Last edit: November 24, 2023, 12:32:40 AM by Quidat
 #715

For fun. I don't know about others but I gambled to relieved me of stress. People gamble because of a lot of reasons but most of the time the main goal is money. While many of us might think it should only be played as a gaining tons of money but I don't. If you observe closely you will see less developed countries gamble the most and have the most gamblers even thought they can't effort. Not only they can't effort is they are also addicted to it. The only thing they want is money money and money.

I don't think people gamble for fun; I think they gamble for money because even if you have money, some people don't like anything like investing to double their money; they see it as a waste of time; they will just stake game to win huge money; I know one person who likes gambling; he uses 100$ to stake 35 games to win 2.5 million; and I don't think that will happen because he used to play game every weekend and used to lose and he doesn't want to change to another plan, because he is used to it and believes he will most likely win before he stops and I don't think that will happen if he plays like that, people who win games in gambling stake 3 to 5odd and put huge money and win big money but using small money and winning big will be very difficult for everyone except you are lucky.

Many people gamble due to a lack of funds to care for themselves or for other reasons, and other people take it as a job because if jobs are scarce in a country, many adolescents play bets to make some money and support themselves.
For fun is really just that an ALIBI! For money is the real deal.  Grin

You do gamble just because you dont have sufficient money? You are just basically taking up some suicide. You cant really that make yourself making this as an option
because it would really be worsening up the situation. Have dont much money? You might be ending up on having no money completely.
Gamble for fun and not for money then you wont really be having no problems but if you are going into the opposite side then it would be an another story.

Gamble when theres some urge on leisure seeking but not for money making. Make yourself that greedy? Then you are really that
putting yourself on a disaster.

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November 24, 2023, 12:46:30 AM
 #716

~ No knowledge will help you to win in slots, but a proper money-management, which is based on knowledge to some degree, can help you to not turn your fun into disaster.

You are right, when we are in a casino like this we have little or no money, whatever economic conditions we have, we must be very Cautious , we have to have a lot of Restraint when doing things, because what you say is true, when They are in the slots because there is not something that can determine winning, or a strategy that is used and that is Always Effective, it is not like that , it does not Work like that, for that Reason we must always consider that when we are in a casino we must be aware of the ones we are spending.

A person who does not have much purchasing power should therefore have control over his or her finances, it is not bad to play in a casino, you can play, it is allowed, you can bet on your good luck, if you really have it, the rest What should be Considered is that if you have little money you should play with little money, but you just have to agree so that it does not affect that person's expenses, because it is very sad that a person who does not have much money Spends it on the casino, that is the saddest thing that can be heard in the world.~

Even if you have  a lot of money, you stop controlling your finances, you lose it all. Money-management is very important for both rich and not so rich people. Poor money management is especially painful for poor people, and yes, spending the little you have in casino is a poor money management.

Try to solve financial issues with spending or investing money imo isnt the right thing to do. It is like trying to fight fire with fire. The only solution to sufficient money I see is simple - finding new or extra work. Maybe it is ok to make a so called safe bet, but it will bring little money only. Making a huge bet is risky, and on a distance multiple safe bets eventually gonna turn into a loosing one. Imo gambling is not a solution to get more money.

This is what I would advise to those who don't have sufficient money too. That's what I do when I don't have sufficient money. I don't gamble my last penny, it's stupid.

What happens is that you see the casino game and Sports betting with the correct vision, and to see it this way is because you have a total understanding of what this means, not everyone has it, some grasp it thanks to their own experience, but Because of the things that arise when you start in this world is to be aware of the most important thing , our money, we know that when it runs out there is nothing to do, no casino gives us the opportunity if we don't have money, the bonuses? It's the same, you need money to take them and it is something that is not so easy to achieve in order to make a withdrawal, I think that all these things are situations that make us mature throughout our lives as casino players and that have different ways. to see things, experiences help a lot, but the fact that these types of topics are always discussed is very important and serves novices , even Professionals who are also Active, because they talk About what is most important.

I consider money the most important thing in the game, because obviously I have said and repeated it many times, without money there is nothing to do, things can go to the ground without money, and that is something that must be understood, not everyone does it. Come on, but it's like that, personally I will always say that when we are in a gaming environment we must take care of our money, and all that includes knowing how to handle ourselves when we are in games, when it comes to coins, impulses, sometimes it is very It is easy to ignore the money, we are only Interested at the moment in playing, having fun and winning , but we know that the casino has the house Advantage and that many things can be done separately, that is why it is always good to put the 'budget' 'I'm liable to lose, and I'm sure that when it's over , I won't play Anymore , or at least go to Another game session that is recommended to be another day, another week, or however the person has allocated their money to play during the week.


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tsaroz
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November 24, 2023, 02:06:54 AM
 #717

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?

I don't because I'm poor. I gamble only when I have money to spare. I have a day job that pays me well so poverty is not my motivation.
I do admit I have gambled online to get the transaction fees to withdraw as I prefer withdrawing in fewer digit amounts and lost all in some cases. I might also have gambled to get a fixed amount online to get something done but that should not be considered poverty,
I have seen poor people gamble and that's a sure shot way of destroying your life. No poor have gambled to richness. There are lottery stories but the money coming from luck don't last long.

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November 24, 2023, 06:10:23 AM
 #718

No poor have gambled to richness.
Maybe that's true for many, but not everyone. When you're in poverty, you're constantly brainstorming ways to escape it, and it's undeniable that some people consider gambling as a faster and easier option.

However, we can't ignore the fact that the chances of success in gambling are generally low, at least for most of us. Yet, if we're truly devoted to what we're doing—putting in the hard work to enhance our gambling strategy—I believe there's a chance to prove most people wrong who think that gambling cannot change lives for the better.

There are lottery stories but the money coming from luck don't last long.

Again, it depends on the person holding the money.

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November 24, 2023, 10:37:16 AM
Last edit: November 24, 2023, 10:47:32 AM by n00ber
 #719

No poor have gambled to richness.
Maybe that's true for many, but not everyone. When you're in poverty, you're constantly brainstorming ways to escape it, and it's undeniable that some people consider gambling as a faster and easier option.

However, we can't ignore the fact that the chances of success in gambling are generally low, at least for most of us. Yet, if we're truly devoted to what we're doing—putting in the hard work to enhance our gambling strategy—I believe there's a chance to prove most people wrong who think that gambling cannot change lives for the better.

Many poor people want to get rich from gambling because there is no job that makes money as fast as gambling, and of course, losing money is also fast. They are betting their lives on gambling. 1, they become wealthy. 2, they become poorer. Very few people can get rich from gambling. These people felt they had enough money and stopped gambling, and what helped them become rich was luck.


 There are lottery stories but the money coming from luck don't last long.

Again, it depends on the person holding the money.


Yes, keeping money is important. We understand simply the money seems to fall from the sky, not the money we earn from sweat and tears. Of course, we will splurge. That money will only last for a short time. Even if you win a lot of money from the lottery. It's never enough if you spend it lavishly.

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November 24, 2023, 12:13:14 PM
 #720

Many people misinterpret, by making gambling as their regular income everyday, of course this is wrong. If they don't have money and want to have money, what they should do is work for real in their lives, not by gambling which some people also say is a fast way to get rich, hahaha that doesn't make sense to me. Gambling with a budget of leftover money or extra money is the right thing, don't spend a lot of money on gambling. Gambling tends to be addictive, if they only have a little money and use it to gamble with the aim of doubling the money to make more, it doesn't guarantee they will quickly have a lot of money. And if that's the case they will most likely become addicted to it which will drain their money even more. The bottom line in my opinion, if you don't have enough money don't gamble, it's better to work first and when you have enough money or more then do gambling. But it all comes back to yourself who has the right to think for yourself.

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