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Author Topic: Having a regular/steady income is important as a gambler.  (Read 2700 times)
borovichok
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January 29, 2024, 07:37:32 AM
 #61

Having a steady and regular income is very important as a gambler because it would enable you to scrap out money you should use for gambling, feeding, taking care of yourself and family and other miscellaneous.

Since gambling involves using money to get money, it is important to be an earner before gambling besides it is not good to rely so much on gambling to survive due to the uncertain nature of it. But then when we consider this from another angle, I would say that all gamblers have a source where income is generated and that is why they can even gamble in the first place. A person without funds cannot gamble. I know times I couldn`t gamble because I had no funds. So, to gamble you must earn.

On second thought, having a regular and steady income doesn`t make a gambler disciplined. The more funds at his disposal the more reckless he becomes when he is addicted. An addicted gambler can neglect his family and even his mental health since his concern is always channelled to gambling.

Having a steady income does not guarantee that you will have possibility of winning while gambling.

So correct. It doesn`t even prevent a gambler from getting into problems as an addicted gambler. Winning comes from luck and is not dependent on the income of the gambler. A gambler with a lesser income might record more wins than a gambler with a steady income. It`s a case of luck.

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January 29, 2024, 07:43:14 AM
 #62

I agree with that. Must have a job. It doesn't matter what job as long as it is legal and it can cover your expenses.

We aren't going to rely on someone else just so we will have a budget to satisfy our bad habits. I remember back when I was still going to school and at age 14 I was already smoking cigarettes. My Aunt who is taking care of me told me that I should only smoke if I can already afford it, if I have a job, if I can pay for it with my own hard-earned money.
Well now, I realize that what he said is true and I would probably pass on that statement to my kids in case they start having bad habits at an early age.
The same goes with gambling, we cannot just rely on someone who is giving us money which is why this expensive habit should not be for kids.
Work and entertain yourself by gambling during your day off. I think it's still a pretty healthy way to relieve the stress that comes from work.

Also, it's best if we have an amount set that we will not jeopardize in case something bad happens. Like a losing streak. Whatever the amount we planned to use, stick with it. The money left from the salary should be used for necessities and don't risk it more by thinking you might win next time. Instead, wait for the next payroll to satisfy the urge to play.

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January 29, 2024, 07:51:24 AM
 #63

As a gambler you need money to gamble. If you don't have a strong source of income, gambling won't be interesting to you. Most times there are multiple bets we should have place or would like to place but lack of money will limit our ability to place such bet. If we have multiple sources of income it will be better for a gambler. It is never a good thing when our gambling habit starts affecting our normal lives, because most gamblers will rather gamble than bring money at home for feeding. Not that they enjoy doing it but I think lack of enough money is the primary cause of that.

of course it's true, because money is the main thing you have to have to gamble, if you really have a goal of doubling your money you shouldn't get your hopes up, because gambling can't fully produce profits (money), what you say is true if you don't have a stable income , then gambling will not be interesting, and that is if they think about the bad impacts,  because there are people who don't have a clear income, but they still insist on gambling with the assumption that they can get a big win.

The first thing to pay attention to is, we have to gamble with money that we can afford to lose,  because that is a sure thing.  There are people who cannot accept the money they lose in gambling, so they end up chasing after winnings which is not recommended. The good thing is to gamble by leaving with one pocket and then coming home with two pockets,  but this is only done by wise gamblers, because most gamblers have won and still decide to continue gambling.

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January 29, 2024, 08:00:41 AM
 #64

However, if a person has a steady income but is a gambler, he has the potential to lose all his money. A gambler also has the opportunity to become a gambling addict. If he is already a gambling addict, it is only a matter of time before he spends all his money.

Maybe he can still survive his financial difficulties because he still has a steady income. But we know that a gambling addict can lose control of himself or even lose control of himself without realizing it. To win or lose, he still has the opportunity to experience defeat. He might also suffer an even greater defeat if he completely loses control of himself.

A gambling addict can also forget about his personal obligations because gambling addicts cannot forget about gambling even for a moment. He will continue to gamble and can even forget about his work. It's best if someone has a steady income, he can allocate his money to gambling and always stay within his limits. Don't let him become addicted to gambling because it could have a bad impact on his life.
You are right that when a gambler develops an addiction to gambling, he may find it difficult to control or give up the habit, even if it has unfavorable effects. Who could resist a temptation like this when, once you give in to it, there's no coming back? Correct?
I also agree that some compulsive gamblers may stake enormous amounts of money on a variety of gambling activities, possibly as a result of their dependence on a reliable source of income, which causes them to disregard other obligations like bill payment or family care.
 
But keep in mind that some gambling addicts participate in regular gambling activities without necessarily risking all of their money on wagers. That, I believe, is what the original poster intended to convey in his message. In my opinion, one does not need to lose all of their money to qualify as a gambling addict.
To be clear, even if a person does not lose all of their money when they gamble, their obsession and compulsive urge to bet can still cause chaos in other areas of their lives. I think that gambling addiction is a complicated problem and that every person will behave differently and in different ways. However, huge gambling losses are not the only way that an addiction to gambling can appear.

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January 29, 2024, 08:02:23 AM
 #65

A gambler who has a steady and regular income can have the possibility of winning because his gambling habit can not affect his personal obligations as a man even if he's an addict because being addicted to gambling doesn't actually implies that one will eventually stake all his money on bets but rather someone who plays gambling frequently. By having a steady income, he can take care of other life responsibilities without being affected by his gambling activities and moreover, someone who have a stable income can be aiming to win higher amount in his bets and might be lucky of winning one day and use the money to establish an investment.
Bullshit!

Don't use other people as the example, just take a look with yourself. You're making $40 every week as long as you meet the campaign requirements, have you make money from gambling? prove I'm wrong.

There's no correlation between the longer you gamble, you will make money.

The money you've used in gambling isn't an investment.

He just fantasize everything that if he has a stable income he can get a higher chance to win but actually that doesn't convert automatically in that case since even if we have stable income then gamble we can have the same chances with those people trying to figure out where they can get their capital to gamble.

Its just the difference here is the people have steady income will not get broke easily since they have good assurance to get money unlike to those who doesn't have steady income they are prone to get broke since they might drain all they have and unsure about their future if they lose their bets.

It could be wrong to say the longer you gamble the more chances you can make money especially if he means to gamble on extended hours since for sure we will end up getting broke with that. But for long time gaining experience towards our gambling activities maybe yes but consider how big the amount and time we need to spend before we can achieve that status.

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January 29, 2024, 08:19:10 AM
 #66

Yes, it's true that even though you have a fixed income, you have to limit your budget and time for gambling properly, gambling is really a risky game, especially for those gamblers who are poor and don't have a fixed income, they will definitely lose a lot of money and they will look for ways to get money to pay for it. Whether it's a criminal act, stealing or defrauding someone, the point is that gambling always carries the risk of making someone forget how to control themselves.

I have a fixed income so I only use a budget of no more than 5% every week, I happen to have a salary every week and my wife who manages my gambling budget also limits the time I gamble so it doesn't make me addicted because I only gamble on the weekends which I take advantage of. my time off to gamble and spend more time with my family. on a normal day I never gamble because I will focus on my work, that's why when a gambler who has a fixed income it has to stay within certain limits so it doesn't get too excessive. talking about winning it is a bonus for me enjoying the game is very important and being entertained when gambling. My advice is to never gamble if you don't have a steady income.  Wink

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January 29, 2024, 08:22:17 AM
 #67

Gambling though is a risky game that the chances of winning and losing is in equilibrium but however in other for one to have a possibility of winning, it requires a steady income.

 Having a steady and regular income is very important as a gambler because it would enable you to scrap out money you should use for gambling, feeding, taking care of yourself and family and other miscellaneous.

A gambler who has a steady and regular income can have the possibility of winning because his gambling habit can not affect his personal obligations as a man even if he's an addict because being addicted to gambling doesn't actually implies that one will eventually stake all his money on bets but rather someone who plays gambling frequently. By having a steady income, he can take care of other life responsibilities without being affected by his gambling activities and moreover, someone who have a stable income can be aiming to win higher amount in his bets and might be lucky of winning one day and use the money to establish an investment.

Your thoughts on this

I fully agree with you, if we want to enjoy gambling on a regular basis then we need to have a steady form of income to finance our gambling adventures. The thing with gambling is that there is a lot of randomness involved and we can't rely on making a consistent profit to at the casinos. First of all, the games at the casino have a house edge that makes it harder for the gambler to find a profit. If we now don't have a regular income to compensate for a losing streak then it's going to be very hard. The chances are high that we just get wiped out and lose our bankroll during a bad night. It needs some from of income that will help to build up our bankroll over time. Only after some time, when we have a large bankroll we might be able to gamble without any additional income. I had to learn this the hard way when grinding through low stakes poker games and jumped up the blinds too quickly. There will always be a few bad nights accumulating losses, and if we don't have the capital to withstand that, then our gambling career will be over quickly.
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January 29, 2024, 08:25:28 AM
 #68

I think we all know how is it. Whatever you try to do in life, you should be rich OR have steady income from something other. That's why even many crypto loving people have jobs that pay them regularly. You can risk more if you have steady income. You can also become lot more efficient with game. Steady income is one of main reasons that help people overcome their mental issues. When you know you can pay your bills you can gamble a lot better.
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January 29, 2024, 08:26:07 AM
 #69

I think is important as it gives you money to do what makes you happy,in this context gambling.However it also poses big risks as sometimes we become mad from our losing sessions and this can lead us to inject more money from our salary to chase our loses.This is a very dangerous place and moment as addiction lies right there.If this happens to anyone being single without family the impact is not as bad as someone who has a family to care as the money needed for the family needs can go to satisfy the gambling desire.

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January 29, 2024, 09:13:12 AM
 #70

To be able to earn a minimum income of five hundred US dollars, a person needs approximately one month of work. However, to be able to spend this money, someone only needs less than one night of gambling. This illustrates how important good self-control and good financial management are. Because without good financial management, no matter how much income we earn, it will be of no use at all and will be spent on useless things. And without good self-control, this can allow the money we have to be lost in gambling. Based on this, it is important for us to always apply deposit and gambling limits appropriately and be wise gamblers, who are able to differentiate between what is a need and what is just entertainment.

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Fundamentals Of
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January 29, 2024, 09:41:49 AM
 #71

Of course. Not only is a steady income important for a gambler, it is actually required from a gambler. If one doesn't have a steady income, one should not be wasting money on things that are not that important and that includes gambling.

Gambling is not just risky because the gambler has equal chances of winning and losing. It is risky because the gambler has actually more chances of losing than winning. That's why a gambler should only use money that he can afford to lose because he is probably losing it.
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January 29, 2024, 09:42:16 AM
 #72

Having a steady and regular income is very important as a gambler because it would enable you to scrap out money you should use for gambling, feeding, taking care of yourself and family and other miscellaneous.


Not only to be able to continue gambling, but all adults must have a steady income to be able to pay for their living needs, whether they are married or not, because with this income we can also do other things, not just gamble.

A gambler who has a steady and regular income can have the possibility of winning because his gambling habit can not affect his personal obligations as a man even if he's an addict
I quite disagree with this because there is no good addiction and every person who is addicted will always do things beyond their limits, so that they can gamble beyond their limits and their finances will become problematic because if they can still control their gambling, it means they are not addicted, they just are make Gambling is quite an important thing to do

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January 29, 2024, 09:54:16 AM
 #73

Gambling though is a risky game that the chances of winning and losing is in equilibrium but however in other for one to have a possibility of winning, it requires a steady income.

 Having a steady and regular income is very important as a gambler because it would enable you to scrap out money you should use for gambling, feeding, taking care of yourself and family and other miscellaneous.

A gambler who has a steady and regular income can have the possibility of winning because his gambling habit can not affect his personal obligations as a man even if he's an addict because being addicted to gambling doesn't actually implies that one will eventually stake all his money on bets but rather someone who plays gambling frequently. By having a steady income, he can take care of other life responsibilities without being affected by his gambling activities and moreover, someone who have a stable income can be aiming to win higher amount in his bets and might be lucky of winning one day and use the money to establish an investment.

Your thoughts on this

I fully agree with you, if we want to enjoy gambling on a regular basis then we need to have a steady form of income to finance our gambling adventures. The thing with gambling is that there is a lot of randomness involved and we can't rely on making a consistent profit to at the casinos. First of all, the games at the casino have a house edge that makes it harder for the gambler to find a profit. If we now don't have a regular income to compensate for a losing streak then it's going to be very hard. The chances are high that we just get wiped out and lose our bankroll during a bad night. It needs some from of income that will help to build up our bankroll over time. Only after some time, when we have a large bankroll we might be able to gamble without any additional income. I had to learn this the hard way when grinding through low stakes poker games and jumped up the blinds too quickly. There will always be a few bad nights accumulating losses, and if we don't have the capital to withstand that, then our gambling career will be over quickly.
Having a steady income helps absorb losses and enhances gambling. It lets us bet for fun, not necessity. Financial stability is essential to a healthy gambling habit, as I've discovered the hard way. Like a garden, you need good soil (stable income) for your plants (gambling experiences). Only then can we appreciate our hard work without worrying about money.

I like the idea of building a bankroll before gambling without economic support. Like investing in ourselves, we prepare for the future while enjoying the present. Bad evenings at the tables are lessons that form our gaming path, not just losses. It's about accepting the event, learning from it, and gambling responsibly. Gambling is about the thrill of the game, the joy of the unexpected, and the love of the hustle, right?

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January 29, 2024, 10:00:02 AM
 #74

Gambling though is a risky game that the chances of winning and losing is in equilibrium but however in other for one to have a possibility of winning, it requires a steady income.

 Having a steady and regular income is very important as a gambler because it would enable you to scrap out money you should use for gambling, feeding, taking care of yourself and family and other miscellaneous.

A gambler who has a steady and regular income can have the possibility of winning because his gambling habit can not affect his personal obligations as a man even if he's an addict because being addicted to gambling doesn't actually implies that one will eventually stake all his money on bets but rather someone who plays gambling frequently. By having a steady income, he can take care of other life responsibilities without being affected by his gambling activities and moreover, someone who have a stable income can be aiming to win higher amount in his bets and might be lucky of winning one day and use the money to establish an investment.

Your thoughts on this
We even need steady income when we are trading or doing other money making strategy so
what more in gambling that mostly we will lose? that is why mostly fail in gambling because they do not
completely understand what they are entering .

they know nothing about what will they become when in gambling and what might come to
their life dealing in this wrongly .

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January 29, 2024, 11:21:31 AM
 #75

You must have something going on for you, this is a sign of good living, if you are jobless make sure you find a job first, this is the beginning of a solid foundation, with a job secured you will be able to take advantage of new opportunities.

If you are making some money and you are able to settle your bills, your next goal should be your improvement in your skill area to increase your monthly income, then you will be able to become a good investor, and maybe give face to risky things like gambling.

To be honest, gambling is not as safe as investing in stock market and shares, that's why I like telling people that gambling only deserves a percentage of their income or the max of two percentage, so that you can get along with your life without a single worry, if gambling works good you can use that money to invest even more or keep it aside for future gambling.

The rules of a smart gambler is to have a certain amount they will risk on gambling every week or each days they want to be gambling, so split your one percent or two per cent of your monthly income, I don't know how much it is but let's assume it's $50, pick some days in a week and fix $5 for each day or whatever suits your way. ..

Don't chase your losses, once the $5 is lost you wait for the next day in that week or the next.


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aioc
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January 29, 2024, 11:34:01 AM
 #76


A gambler who has a steady and regular income can have the possibility of winning because his gambling habit can not affect his personal obligations as a man even if he's an addict because being addicted to gambling doesn't actually implies that one will eventually stake all his money on bets but rather someone who plays gambling frequently. By having a steady income, he can take care of other life responsibilities without being affected by his gambling activities and moreover, someone who have a stable income can be aiming to win higher amount in his bets and might be lucky of winning one day and use the money to establish an investment.

Your thoughts on this

All gamblers have an equal chance whether they have a steady income or not, you're having a steady income is not your ticket for a chance to win more than those who have no regular income.
The big advantage of having a regular income for a gambler is they can play without the pressure of needing to win because they can sustain their bankroll compared to players with no regular income they have to protect their bankroll or find ways so they can gamble, usually, they take a loan from friends and banks, use their savings and sell their kinds of stuff like cellphone, so they can continue gambling.




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January 29, 2024, 12:07:01 PM
 #77


A gambler who has a steady and regular income can have the possibility of winning because his gambling habit can not affect his personal obligations as a man even if he's an addict because being addicted to gambling doesn't actually implies that one will eventually stake all his money on bets but rather someone who plays gambling frequently. By having a steady income, he can take care of other life responsibilities without being affected by his gambling activities and moreover, someone who have a stable income can be aiming to win higher amount in his bets and might be lucky of winning one day and use the money to establish an investment.

Your thoughts on this

All gamblers have an equal chance whether they have a steady income or not, you're having a steady income is not your ticket for a chance to win more than those who have no regular income.
The big advantage of having a regular income for a gambler is they can play without the pressure of needing to win because they can sustain their bankroll compared to players with no regular income they have to protect their bankroll or find ways so they can gamble, usually, they take a loan from friends and banks, use their savings and sell their kinds of stuff like cellphone, so they can continue gambling.




Uhmmm, that's literally what the OP's saying. There is no statement that having a steady income will guarantee a win or a bigger chance of winning; he is saying that, as you said, having a steady income means more chances of playing or more budget allocated for gambling. Imagine you don't have a steady income. Will you still have the guts to gamble even though you know for yourself that you are struggling financially? If yes, then I don't know what will happen to you or to that kind of gambler. That's why it's not recommended for a non-stable incomer to gamble. Yes, they still have the rights and will to play whenever they want, but the question is, can they endure the consequences? Or, let's say, be ready for whatever happens. It's more important to have a stable job first before anything. Will a gambler exchange daily living just for their own satisfaction? In short, they don't have the luxury they want; they should think of themselves or their family first.

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January 29, 2024, 12:48:36 PM
 #78

Every gambler must have a steady income. If he doesn't have an income, how will he gamble? The most important thing is that they don't overuse their main income just because they want to increase their income through gambling. We cannot use gambling to get a steady income and we need a job that keeps us gambling without exceeding reasonable limits so it will not affect your life.

In my opinion, it is not certain that someone who has a fixed income can have a bigger chance of winning, it depend on them managing the risks they will face and being able to gamble responsibly, gambling is a game of luck so the chance of winning is uncertain.

You can't conclude things too early and you can't rule out the unemployment situation which is not always avoidable, in fact these days the unemployment rate is increasing and doesn't that mean they don't have a steady income, right? Of course, but for gambling problems not everyone who does not have a steady income cannot gamble especially if he is already addicted, as we know that addiction is always synonymous with something excessive in the sense that they always want to gamble and that means there will always be other ways they can use, such as making loans as an alternative, I understand that they will not easily replace the borrowed money if they do not have a steady income, but the problem is that an addicted person besides they are always excessive they also often make decisions without consideration and this means that it is very possible for them to use other things such as loans or even stealing money as a way to fund their gambling activities.

On the other hand for your statement about income in gambling I agree with you that gambling really cannot be used as a place to earn, one of the reasons is because there is absolutely no element of consistency in the final result of gambling and there is no certainty whatsoever, it means that you will always find one of the two answers at the end of the session between winning and losing. Of course, casinos don't care who you are, whether you're rich or poor it doesn't affect your chances of winning, all you can do is apply risk management to minimize the impact of losing.

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January 29, 2024, 01:00:24 PM
 #79

Definitely, you need a source of income if you want to keep fulfilling your gambling desires. How would you fund your gambling if you have no source of income? Unless you're just a casual gambler where you only gamble if you have money to spend on it. But when you don't have one, you're also fine not being able to gamble.
But I actually know someone who can earn an income but it's not a stable one. Yet he's able to gamble online. He only gamble small amount of money everytime, so he was able to make use of his limited money longer on gambling. So I guess a steady income is important but even if it's not a steady one, it's still possible to enjoy gambling as long as you know how to manage your desire and funds.
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January 29, 2024, 01:06:50 PM
 #80

Gambling though is a risky game that the chances of winning and losing is in equilibrium but however in other for one to have a possibility of winning, it requires a steady income.

 Having a steady and regular income is very important as a gambler because it would enable you to scrap out money you should use for gambling, feeding, taking care of yourself and family and other miscellaneous.

A gambler who has a steady and regular income can have the possibility of winning because his gambling habit can not affect his personal obligations as a man even if he's an addict because being addicted to gambling doesn't actually implies that one will eventually stake all his money on bets but rather someone who plays gambling frequently. By having a steady income, he can take care of other life responsibilities without being affected by his gambling activities and moreover, someone who have a stable income can be aiming to win higher amount in his bets and might be lucky of winning one day and use the money to establish an investment.

Your thoughts on this
Having a source of income away from gambling is not only important but also crucial because if you don't have a means of income away from gambling then you can be sure to go bankrupt sooner than you can imagine because you are not certain and can't tell when you will be lucky or be having a bad day at the game so it's very important you take it very serious to have another source of income.

Gambling isn't supposed to be a thing one should be reliant on to getting money but if you are lucky you could make a few dollars from it and it isn't bad but then some persons make the mistake to gamble and be reliant on their proposed gambling proceed which most often never comes, having a source of income away from gambling also helps you gamble better because since you are not dependent on it, you are sure that if you lose your money there's somewhere from which you can still make some money.

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