Do you gamble because you don't have sufficient money?

[dunfida]

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?

gambling is not categorized for either those with sufficient money and those without sufficient funds, gambling is a game of luck that can Favour everyone both the rich, poor those with sufficient funds and those without sufficient funds. ordinarily i did not gamble because i did not have sufficient funds, i gamble most times to know if luck will shine on me. gambling is not certain and if you have the mindset that gambling will be the only measure to get money, i will be sorry to tell you sorry  because you might end up losing the ones you have. most people gamble for fun especially those with sufficient money because they will stake huge amount of money for either to entertain themselves or double the money. we cannot measure the percentage of the classes of people who gamble it all depends on your location because sometimes in some areas the poor will gamble more and other areas the middle class and the rich class as well, so we can't say for sure the class of people that gamble more because it depends on individual mindset.

As it should be but its unbelievable that there are really indeed people who do make gambling as their last resort or something that solved out their financial problems on which this is really something which is really that absurd if we do speak something about this. This is why it would really be best that you should stop on thinking up on this way and just really that gamble for the sake of fun.

When you do gamble then it is really something that do speak about having those leisure or having fun and not making some income from it because if you do then you would be potentially be making yourself having
that kind of risks on sleeping on the streets specially if you do make your greed control you and make yourself have that delusional approach towards gambling then you would be ending up
on disaster and this is something that we dont really like but well there are people who are really like that.

[Fortify]

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?

Being in a desperate situation is probably the worse time to be gambling, as it can easily lead you to taking much higher risks or deceiving yourself as to the chances that a win will materialize. After you inevitably lose it is likely to lead you into an even more depressed situation, plus now you will be kicking yourself that you wasted what little you had left. The best time to gamble is when you have stable finances and do not feel any pressures, are well rested and not under the influence of any intoxicating substances. If you know it is just a little bit of entertainment and have allocated a small portion of your income to gambling, you will feel the most in control with the ability to walk away without another thought.

[Antotena]

Despite that this strength has been established long-term ago before now I think that the major reason some persons go into gambling it is because they really need a sufficient money and they know that gambling is a an instant money you can generate within a short time when the log of gambling is with you so I don't have much to contribute here because we all know that the objective of everyone who is into gambling is to make money, I know quite well that gambling is something that we Gamble based on different interior motive because what I have in mind to gamble might not be the same thing another person have in mind to gamble

People will always find a way to skip this question or make it as if it's a rhetorical question but everyone knows that money is exactly the motivation of gambling to begin with, if you are not gambling because you have insufficient funds, you should be gambling because you have sufficient funds and you are looking for a way to get more of it, even with fun there is motivation of money, you are not doing it because you thinks it's moral to gamble.

Gambling platforms aren't doing for any fun, they are strictly business and profit oriented people, that's why they are there to serve you better so you can keep losing without seeing any judgement or fault from their end.

[irsykes]

Despite that this strength has been established long-term ago before now I think that the major reason some persons go into gambling it is because they really need a sufficient money and they know that gambling is a an instant money you can generate within a short time when the log of gambling is with you so I don't have much to contribute here because we all know that the objective of everyone who is into gambling is to make money, I know quite well that gambling is something that we Gamble based on different interior motive because what I have in mind to gamble might not be the same thing another person have in mind to gamble

Sometimes there are people who think that playing gambling can be a shortcut to the luck they hope for. Every human being must have a limited amount of time that they are facing and at that time it is because of the awareness that they do not have any advantages. can run to gambling as a solution, yes, even if it's not the right thing, people will definitely sacrifice some money in the hope of a big win that day

[junder]

Being in a desperate situation is probably the worse time to be gambling, as it can easily lead you to taking much higher risks or deceiving yourself as to the chances that a win will materialize. After you inevitably lose it is likely to lead you into an even more depressed situation, plus now you will be kicking yourself that you wasted what little you had left. The best time to gamble is when you have stable finances and do not feel any pressures, are well rested and not under the influence of any intoxicating substances. If you know it is just a little bit of entertainment and have allocated a small portion of your income to gambling, you will feel the most in control with the ability to walk away without another thought.

Remembering that the goal of most gamblers is to be able to make money, it is clear that when they experience defeat by gambling, which means they lose the money they bet, then they will feel frustrated, especially if they risk the last money they have. When they bet with money that is actually their last money and the gambling only ends in defeat then they will feel pressured as you said, and that pressure can make them frustrated, then the impact of frustration is as you said, by making a decision those who are more risky or have a big risk, without thinking twice, they will take actions that take a big risk, because they only think about winning.

I agree with what you said, friend, the best time to gamble is when our finances are stable, where we won't experience a shortage of money, but remember that everyone definitely has the nature of greed which is present in various things, but it's clear that with that It's called money, of course everyone wants more than what they already get. However, we also have to look at what we are doing, whether we can make money for sure or not, with gambling it is clear that we will not definitely be able to make money. So it's best to just think of it as entertainment, not a means to make money for sure.

[Samlucky O]

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

One thing you should know is that gambling is a choice, it doesn't determine who you are, your level or class wether higher or lower. The lower class keep on gambling hoping to win big someday and be like the higher class. While the higher class gamble to win bigger than his current financial status because human are insatiable which makes them not satisfied at any given time. the quest to Wealth is endless, otherwise people like Elon Musk would have stopped hustling.

[Ever-young]

Well, you are right, most rich people who gamble, don't gamble because of the money but simply because they gamble for fun or because they are addicted to gambling, while those who gamble to get more money are the poor or those who are actually struggling with addiction. Like a friend I had, some years back, he has a very little money and he wants money to use to sort out an emergency but no money so he decided to go and gamble to double the small money in his hand, so he gamble and wins but wasn't yet satisfied, so he try again and also was lucky to win and was able to sort out the emergency although it was helpful at that time but that doesn't mean it doesn't have disadvantages too. So anyone who gamble whether rich or lower class should just gamble responsibly and important too to seek help when struggling with gambling addiction.

[ethereumhunter]

Despite that this strength has been established long-term ago before now I think that the major reason some persons go into gambling it is because they really need a sufficient money and they know that gambling is a an instant money you can generate within a short time when the log of gambling is with you so I don't have much to contribute here because we all know that the objective of everyone who is into gambling is to make money, I know quite well that gambling is something that we Gamble based on different interior motive because what I have in mind to gamble might not be the same thing another person have in mind to gamble

Sometimes there are people who think that playing gambling can be a shortcut to the luck they hope for. Every human being must have a limited amount of time that they are facing and at that time it is because of the awareness that they do not have any advantages. can run to gambling as a solution, yes, even if it's not the right thing, people will definitely sacrifice some money in the hope of a big win that day

If they thinks that gambling can gives them fast money, they are wrong because gambling will never gives them money easily. They can just lose their money fast without they realizes and if they can't holds themselves in gambling, they can becomes addicted to gambling. Without any control when playing gambling can makes their lives ruins and if they still playing gambling because they needs money, they will see that they don't have a big chance to gets the win money. Many people gets lose from gambling so other people must thinks that they don't have to gets the same thing like them. They must be aware that gambling is just for fun and not for makes money and if they really wants to make money, they must search for a job. Playing gambling is not a solution to makes money but lose their money without takes too long if they don't have control over themselves.

[Bravut]

Well, you are right, most rich people who gamble, don't gamble because of the money but simply because they gamble for fun or because they are addicted to gambling, while those who gamble to get more money are the poor or those who are actually struggling with addiction. Like a friend I had, some years back, he has a very little money and he wants money to use to sort out an emergency but no money so he decided to go and gamble to double the small money in his hand, so he gamble and wins but wasn't yet satisfied, so he try again and also was lucky to win and was able to sort out the emergency although it was helpful at that time but that doesn't mean it doesn't have disadvantages too. So anyone who gamble whether rich or lower class should just gamble responsibly and important too to seek help when struggling with gambling addiction.

And we got it wrong here. All over again we keep lying to ourselves, we all know we gamble to win and care about winning wether its fun or not.
Saying only the poor gamble to win is very dumb of you, so the rich finds it nice to loss as fun common let be serious.

This can't be overemphasized, we are conscious and know our thoughts. But I strongly believe we gamble to win, and with proper risk management and discipline we can still scale up regardless fo losses as gambling isn't satisfying or source of income.

[Baki202]

Well, you are right, most rich people who gamble, don't gamble because of the money but simply because they gamble for fun or because they are addicted to gambling, while those who gamble to get more money are the poor or those who are actually struggling with addiction. Like a friend I had, some years back, he has a very little money and he wants money to use to sort out an emergency but no money so he decided to go and gamble to double the small money in his hand, so he gamble and wins but wasn't yet satisfied, so he try again and also was lucky to win and was able to sort out the emergency although it was helpful at that time but that doesn't mean it doesn't have disadvantages too. So anyone who gamble whether rich or lower class should just gamble responsibly and important too to seek help when struggling with gambling addiction.

Bro, everyone still wants that money, even the rich. If not, for what reason will the rich want to gamble? if not because of money, they should win and then give the money away as a purpose so they win. There are already plans made for that money, and even before they win, they already have serious plans, but they will act cool because they are rich, and they won't make the whole thing look important. but believe me. and not only poor people suffer with addiction but just that the rich is not bothered, and they can spend good money on gambling, the only people that are victim of circumstance are actually the poor.

Just know how to gamble and that way you wont fall victim of anything and you wont lose much because if it is sport there are games that you will be sure of, games like that can be played with a significant amount of money. that is one of the ways to avoid been a victim.

[adpinbr]

Well more than 50% of gamblers always gamble because they don’t know much the cash going to last them so they go on gambling word and it get use to them, they even get addicted and more of their money go in, all because they are thinking they don’t have sufficient cash for their living and they go into gambling, I seen different kinds of people gambling because they don’t have enough money, but I don’t really think it a good idea.

[Negotiation]

Well more than 50% of gamblers always gamble because they don’t know much the cash going to last them so they go on gambling word and it get use to them, they even get addicted and more of their money go in, all because they are thinking they don’t have sufficient cash for their living and they go into gambling, I seen different kinds of people gambling because they don’t have enough money, but I don’t really think it a good idea.

It's true that gambling is never a good idea if you don't have enough money. But most of the gamblers think that they can make more money from this gambling and at some point they turn to addiction which wreaks havoc in their lives. It becomes so addictive that many people borrow and gamble with household items when they don't have cash. You should never do anything beyond your capabilities.

[moneystery]

As it should be but its unbelievable that there are really indeed people who do make gambling as their last resort or something that solved out their financial problems on which this is really something which is really that absurd if we do speak something about this. This is why it would really be best that you should stop on thinking up on this way and just really that gamble for the sake of fun.

.....

however, most poor people can only hope that gambling will enable them to earn large amounts of money in a short time. they have no other choice to rely on gambling, because that is the easiest thing for them to access and the cheapest for them to get, because with just a few dollars they have the opportunity to get thousands of dollars if they are lucky.

this has become a common thing in underprivileged communities, where they prefer to gamble rather than invest, because they can have the opportunity to earn big money in a short time with small capital. even though the chances of them getting the jackpot are quite small, at least they have tried and if they are lucky they might be able to get a jackpot that could change their lives.

[AnonBitCoiner]

Sometimes there are people who think that playing gambling can be a shortcut to the luck they hope for. Every human being must have a limited amount of time that they are facing and at that time it is because of the awareness that they do not have any advantages. can run to gambling as a solution, yes, even if it's not the right thing, people will definitely sacrifice some money in the hope of a big win that day

Most of the time people start to gamble to entertain themselves but when their loss or win percentage becomes excessive then either they continue to recover their lost amount or they want to continue their gambling habit to face the same success as they have achieved previously.

Gambling cannot give you a solution to end poverty but it can increase your poverty due to excessive loss and your maximum greed. I think we should find a job to solve all our financial problems but should not depend on gambling that will make us wealthy due to good luck.

[Hirose UK]

Well more than 50% of gamblers always gamble because they don’t know much the cash going to last them so they go on gambling word and it get use to them, they even get addicted and more of their money go in, all because they are thinking they don’t have sufficient cash for their living and they go into gambling, I seen different kinds of people gambling because they don’t have enough money, but I don’t really think it a good idea.

It's true that gambling is never a good idea if you don't have enough money. But most of the gamblers think that they can make more money from this gambling and at some point they turn to addiction which wreaks havoc in their lives. It becomes so addictive that many people borrow and gamble with household items when they don't have cash. You should never do anything beyond your capabilities.

In fact, gambling is highly recommended only when have money that is really not used for other purposes in life, in the sense that if it is lost we don't feel regret and don't try to recover it.
Because gambling is an activity full of risks where if you use money carelessly it is very detrimental, just look at all the bad things that happen when someone really tries to win because of greed or because they are trying to recover losses.
In the end, they will only become addicts who are always dependent on gambling, conditions like this will be very difficult to stop or eliminate if they actually occur.

Every gambler should be able to change his mindset after seeing and knowing how bad the negative impacts in gambling are if he makes the wrong decision.
They must be able to change their mindset about making money from gambling and they must be able to change their mindset about pursuing victory, this is not job field and gambling is just place to have fun and spend money.

[Lucasgabd]

First how do you take gambling as? Some people take gambling as a fun and entertaining to them, why some people take gambling as a mins of earning money while you stake your's. The major part if you're among of the ones that gambles cause you want to earn from it, then you are actually gambling cause you're running out of money.

But for me I gamble cause it feels like fun and exciting to me betting on my club, so I don't bother much if I lose cause I'm not gambling to earn for a living. I know how some countries are battling cause of their economy and their financial stability, it makes people go in more into gamblings it seems like their mins of living with the economy.

So I won't blame people who gambles cause they don't have sufficient money, I rather blame their country and economy but if gambling is your hobby then you are also gambling for an sufficient money.

yes, I could bet that probably the ones that approach gambling trying to "make it" or change their lives for much better are the ones that don't have a lot of money to start with...
I could be wrong but if someone is rich and has the skills to stay rich they won't see gambling as their main source of income and all...

what do you all think?

For those who arent that fortunate or something that living on an average life when it comes to financial aspect or condition then it would really be that very normal that there would really be that kind of some sort of kind of wishful thinking about being a winner in gambling and could changed up their lives via hitting those huge multipliers or hitting up those jackpots on which on the time that you would really be finding yourself having this kind of mindset then it wont really be shocking that you will really be that ending up on spending up more on gambling and since we know that gamblers do always sits down on the loser side then this is where you would really be starting to make out those kind of regrets in the end that you shouldnt have been that spending too much money with it.
Just like on what everyone is really that saying that people would really be stopping on the time that they would really be experiencing those hard situations and not into those moments that
they are still on the verge of losing that on small parts.

knowing when to stop is one of these things that is easier said than done
in Brazil there's about 4 times more people gambling than investing on stocks
I don't blame them but... isn't it crazy?

[Accardo]

As it should be but its unbelievable that there are really indeed people who do make gambling as their last resort or something that solved out their financial problems on which this is really something which is really that absurd if we do speak something about this. This is why it would really be best that you should stop on thinking up on this way and just really that gamble for the sake of fun.

.....

however, most poor people can only hope that gambling will enable them to earn large amounts of money in a short time. they have no other choice to rely on gambling, because that is the easiest thing for them to access and the cheapest for them to get, because with just a few dollars they have the opportunity to get thousands of dollars if they are lucky.

this has become a common thing in underprivileged communities, where they prefer to gamble rather than invest, because they can have the opportunity to earn big money in a short time with small capital. even though the chances of them getting the jackpot are quite small, at least they have tried and if they are lucky they might be able to get a jackpot that could change their lives.

When they are lucky! Thank goodness you picked that point. Luck happens unexpectedly and disappears immediately when gambling. It's not consistent, and the efforts gets affected afterwards when the player doesn't pay attention to a well detailed gambling strategy. Players who even get the wins still goes back unhappy. So, I understand how tough survival in a substandard community could be, but inflicting stress and anxiety to the financial struggle is a bigger trouble.

True, gambling can offer quick funds. No, players can't get this quick money instantly. Like any other venture it demands time and calculative moves to earn a meaning result. What would they do if it's the only way that seems available for escaping financial problems? On the long run it ends up a difficult one to control and the player with no self knowledge of gambling will find it hard to realize he's been heading to a more stressful and hard time. Harnessing such thoughts is the problem. Gambling is all people think it is, but problematic players apply wrong strategies to the game, in return for big wins.

[irhact]

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 think the right individuals that are supposed to be gambling is the rich because they have lots of spare cash to spare, especially those with numerous sources of income that can spend a huge sum of money without feeling remorseful, well I don't know the population of wealthy people that are gambling so i won't agree with his statement cause there no prove that the population of wealthy gamblers is little.

 Maybe in his country there are no casinos but just sports betting shops managed by agents, but I there is he should visit the casinos then he'll be shocked at the number of wealthy people he'll come across, wealthy individuals gamble in casinos and not traditional sports betting shops. Also if the online casino could reveal the number of wealthy individuals that use their platform that dude would be sacked at the people he'll see.

[Gozie51]

Well more than 50% of gamblers always gamble because they don’t know much the cash going to last them so they go on gambling word and it get use to them, they even get addicted and more of their money go in, all because they are thinking they don’t have sufficient cash for their living and they go into gambling, I seen different kinds of people gambling because they don’t have enough money, but I don’t really think it a good idea.

Yes people gamble because they don't have money and they hope to make money from it but gambling with such hope doesn't give you that money, you will rather end up losing the one that you have. If you are gambling and you keep losing you will still have that hope and feeling that the next game or bet is the one that will give you that winning and you see yourself over gambling yourself, exhausting your bankroll yet without no gain. So it is really not a nice thing to feel you will make more profit out of gambling. The house has more possibility of winning and not the gambler, although some gamblers too have been lucky to win jackpot despite the difficulty in winning.

[Dewi Aries]

For those who arent that fortunate or something that living on an average life when it comes to financial aspect or condition then it would really be that very normal that there would really be that kind of some sort of kind of wishful thinking about being a winner in gambling and could changed up their lives via hitting those huge multipliers or hitting up those jackpots on which on the time that you would really be finding yourself having this kind of mindset then it wont really be shocking that you will really be that ending up on spending up more on gambling and since we know that gamblers do always sits down on the loser side then this is where you would really be starting to make out those kind of regrets in the end that you shouldnt have been that spending too much money with it.
Just like on what everyone is really that saying that people would really be stopping on the time that they would really be experiencing those hard situations and not into those moments that
they are still on the verge of losing that on small parts.

knowing when to stop is one of these things that is easier said than done
in Brazil there's about 4 times more people gambling than investing on stocks
I don't blame them but... isn't it crazy?

Exactly, like you said knowing when to quit is much easier said than done, and I'm sure there are some gamblers who always suggest that to other gamblers but they themselves don't have that ability

But forget it because I also understand that it is not an easy thing to do, even if you are still really struggling to do it then try to make yourself realize that gambling is nothing more than a game of "possibility" which means that even if you continue then there will never be any certainty that you can win with this action. And yes, there is also nothing wrong with always advising others regarding things that are always recommended to do, at least you have reminded others.

On the other hand, I'm quite concerned when I hear what you say about the situation in Brazil, I don't really know about the real reason but certainly it seems that there are still few people there who know the real facts about gambling.