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Author Topic: Selling a property to play gamble  (Read 1630 times)
coolcoinz
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February 07, 2024, 07:17:21 PM
 #81

so this friend of mine was invincible and without communication for 3 years and afterwards he returned home looking so unkept and his parents saw him and started crying that regardless of what he did that he wouldn't have ran out of their sight and he apologized for his actions and started living a different life.

This is a proof that your parents will always love you, doesn't matter what you do. People go to jail and their friends and wives leave them but a mother will always come to visit because the child can be a criminal and a lowlife but still a child she brought to life.

I'd never steal from my parents. I had my differences with them and we often didn't speak to each other, but I never came begging for money and I never took any of their stuff without asking. You may be tempted at times, but remember that they won't live forever and one day you'll think of what you did to them and that you can no longer tell them you're sorry because they're gone.

My father used to always tell me: be good to your parents because you'll regret being bad when they're gone. He's dead now and I tell you that he was right.

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February 07, 2024, 07:24:05 PM
 #82

Selling property to fulfill your gambling desires is the stupidest thing. How could he risk the money from selling property on something that is uncertain, especially when gambling, the potential for your real loss in front of your eyes is 90%.
However, in fact, this often happens to lower middle class people, they sell property to bet on gambling where they hope that gambling is the fastest way to double their money. But without realizing it, they have fallen into a dark trap.
Wouldn't it be wiser if the money was used as capital to open a new business or short-term investment capital where the risks of losing money can be minimized as small as possible. Yes, but it's called addiction, he will definitely do everything he can to continue gambling even if what he does is criminal.

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February 07, 2024, 07:26:05 PM
 #83

I known people who steal anything they can see, even their families' homes, including money, gold, and even household utensils. anything that they can sold just to buy drugs. Also, gambling addiction makes you make irresponsible decisions that put you and your surroundings in danger.
I have no experience in the field, but I know that a good gambler has a strategy that he follows, he is always aware of all the risks. He knows when to double, when to take a break, and when to stop. He is either the winner or comes out with the least losses. everything has a role, not just luck. .
A person must study his decisions before making them, and if he did he must take the responsibilities , everything has limits
if I have such people in my house then if anything should go missing I will hold them responsible people will you be comfortable stealing people's things just for drugs and gambling just now that you mentioned it I noticed something with people who are addicts they are always one way or the other always involve with drugs and whatever money they get even from gambling all will be used to take drugs. and people like that would have put their family in a lot of problems because people like that are always not far from police cases so at the end of the day, their families will be the ones to be bailing them out of jail. some folks gamble well but at the same time, they are responsible and would not do anything reckless to people around them. and the issue of luck is not even every time, so what happens when you don't win i think the next thing will be stealing and that is why being greedy is a very bad behavior.

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February 07, 2024, 07:45:51 PM
 #84

I known people who steal anything they can see, even their families' homes, including money, gold, and even household utensils. anything that they can sold just to buy drugs. Also, gambling addiction makes you make irresponsible decisions that put you and your surroundings in danger.
I have no experience in the field, but I know that a good gambler has a strategy that he follows, he is always aware of all the risks. He knows when to double, when to take a break, and when to stop. He is either the winner or comes out with the least losses. everything has a role, not just luck. .
A person must study his decisions before making them, and if he did he must take the responsibilities , everything has limits
No one knows when is the right time to double your bet, or a way to double their money. Many people are aware that taking a break from gambling after continuous loss is a good thing however not all gamblers could actualize the idea 'coz of their drive to perhaps regain their loss or to get rich quickly. Everyone gets to lose and some gets to win, this is the reality of gambling 'coz if not, many gamblers should be rich by now.

If you are on the extent of selling some of your belongings, then you better worry of yourself. As others have mentioned, properties and things are more likely fruit of your long hours of work. Therefore, would you be okay losing it in an instant? To be frustrated us normal but never allow your emotions play for you. Never wait or even be interested of being one with retired gamblers who made testimonies of how bad gambling ate them. You always have a choice of things.

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February 07, 2024, 07:59:34 PM
 #85

I faced such a situation once in the past. Once I was forced to sell my bicycle because I had no money in an offline gambling event and could not manage money in any other way. Although in this case I profited from the gambling session of bicycle money and later I did not return the bicycle. It was an experience in my life that I never made such a mistake again but only bet when I could manage gambling money. Don't bet on gambling by borrowing or selling anything. If the gambling can be done by borrowing or selling something, there will be no other option but to go bankrupt in a short period of time.

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February 07, 2024, 08:53:47 PM
 #86

Selling your own property? Fine, sometimes you have no other way to pay, but selling property that doesn't belong to you like that friend of OP is out of the question.
I never had to do it and I hope I never will, but it's really easy to fall into a debt spiral.
You should never borrow money or sell things to make a bet because gambling is not only a financial but also a mental burden. If you lose your own money it's hard. You lose money you took from someone, it's even harder. You sell someone's property without asking them that's not only a mental breakdown level of burden but can also be a criminal offense. You'll end with no money, no self respect and in jail.
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February 07, 2024, 09:46:16 PM
 #87

Have you ever sold a property to play gamble and afterwards finds it difficult to replace that same property again?
I sold a laptop that I supposed to repair and I lost the money to gambling. I sold a good home theater and used the money to gamble and I lost it. Enough lesson for me not to sell anything and use the money to ever gamble again.

But it is highly not good to touch your parent property and sell to gamble. It is not good at all. If he has changed, that would be good.

Honestly for myself I have never sold anything whether it's a laptop, cell phone or even the smallest item that is not too valuable just to gamble, because usually I will gamble when I really have money from the rest of my life's needs, for example if there is an amount left after I buy the necessities to live for a month then usually I will put a few percent (no more than 10%) to gamble.

On the other hand I think it's pretty reckless to sell something just to gamble, I already know and really always focus my mind on the possible risks in gambling and with this then I can ensure that if I am that desperate to sell some items then in the end it will still be lost, or I mean I already know that in the end the result is the same which means I lose the items I have along with losing money in gambling from the sale of these items. Yes, however, this is a life lesson and I hope that you or whoever it is will not repeat the same mistake, on the other hand gambling should be fun and just for leisure when bored and it is definitely not recommended to put seriousness into activities that do not have any certainty about the results.

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February 07, 2024, 09:59:01 PM
 #88

On the other hand I think it's pretty reckless to sell something just to gamble, I already know and really always focus my mind on the possible risks in gambling and with this then I can ensure that if I am that desperate to sell some items then in the end it will still be lost,
Recklessness in gambling may mean taking the risk to some gamblers. They consider the odd and the amount they stand to win if they stake a higher amount and then they seek any means to raise the amount of money just so that they can gamble with that very high odd. The very irresponsible people they would applaud the reckless gambler for taking such a risk in gambling, and if they win from it, they are seen as the ultimate risk takers, their actions now motivating the younger gamblers to become reckless too. Recklessness is far from taking risk, it is different. If you sell off something small to gamble you also have the chance of selling something bigger as your addiction to gambling increases.

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February 07, 2024, 10:07:10 PM
 #89

Have you ever sold a property to play gamble and afterwards finds it difficult to replace that same property again?

To the point that I would sell a property just to play gambling, that was a crazy thing to do.

I was able to sell several of my stuffs before and some part of the money went to gambling. But it doesn't mean I sold my stuff just for that. I just allocated some to gambling and still, a large portion of that money went into necessary things.

In the future, and by any chance, I can consider selling a property but obviously, not meant for gambling purposes.
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February 07, 2024, 10:16:37 PM
 #90

It is so unfortunate how some gamblers become so addicted to the extent of selling off most of their properties just to play gamble even when they're aware of the risk that is associated with selling ones properties as you may not be able to replace that same property again even in your entire life.


For the person it's seen as nothing but for others that can truly see them, we know they are actually destroying their life's with the act so it's best to take to action whenever we see such persons. I had a friend who constantly go to this particular extreme, the guy sells all his property just to fulfill his urge and nothing on this earth that someone would tell him that he would concur.

In his case we had to go to the extreme and that was when his case had to be taken for rehabilitation, which was the only hope and place that he might actually get recovery.











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February 07, 2024, 10:23:43 PM
 #91

I mean at a certain point your gambling has become toxic and selling property to gamble is well beyond toxic.  When ypu get to the point that ypu are selling off hard assets just to gamble that's when it's time to look for help.  I mean you might be able to lose that property and not have it affect you too much personally but at a certain point that will lead to cases where it will start affecting your personal life.
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February 07, 2024, 10:27:24 PM
 #92

No matter how deep you are in gambling never you sell a property because you will surely regret it when it doesn't work the way you expected.

Have you ever sold a property to play gamble and afterwards finds it difficult to replace that same property again?

I will admit that I'm a gambler, but I never went to far as to sell my property just continue with my gambling addiction. It's the worst that you can do, specially like houses or car that you and your family used or living. These gamblers who do this is really beyond repair, although I think they could really be help professionally. But at that time their judges is really clouded and we might say that they really don't know what they are doing.

But in any case, I don't wish anyone here to do that far and sell because they are really that addicted.

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February 07, 2024, 10:33:54 PM
 #93

No matter how deep you are in gambling never you sell a property because you will surely regret it when it doesn't work the way you expected.

Have you ever sold a property to play gamble and afterwards finds it difficult to replace that same property again?

I will admit that I'm a gambler, but I never went to far as to sell my property just continue with my gambling addiction. It's the worst that you can do, specially like houses or car that you and your family used or living. These gamblers who do this is really beyond repair, although I think they could really be help professionally. But at that time their judges is really clouded and we might say that they really don't know what they are doing.

But in any case, I don't wish anyone here to do that far and sell because they are really that addicted.

Going this far means the person needs help since he can't resist this temptation then go on more riskier side. Addiction is serious issue and if we came to the point that we sell our valuable asset just to fill up our gambling for sure we will end up broke with that. I maybe a gambler to but I don't have any plans to follow this action nor think about doing it since for me gambling is only a past time but unfortunately there are other people cannot handle well their activities that's why they are in trouble and on verge of getting broke just because of their wrong expectation about gambling.

Someone need to step up on his side so he can get immediate help and his addiction will not grow bigger since there will be more worse thing to happen if they let the guy became more addicted on his activities done.

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February 07, 2024, 10:49:24 PM
 #94

~
Now, if only people who did the same thing would be required by law to live their lives alone without support, wouldn't everyone suddenly be rehabilitated? That's me being more joking but still slightly serious about entertaining the idea since really, in this day and age? You can see a LOT of the younger audience having no sense of responsibility whatsoever with their actions since they know they're only getting a slap on their hands and nothing more.

As for selling properties or anything to fund my gambling, I happily haven't had the chance to do so nor would I ever do that. I'm pretty glad I wasn't able to back in the past when I was still not in control of how I should finance my gambling since there was a pretty high chance I would've done that exactly if given the opportunity.

 
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February 07, 2024, 10:53:24 PM
 #95

It is so unfortunate how some gamblers become so addicted to the extent of selling off most of their properties just to play gamble even when they're aware of the risk that is associated with selling ones properties as you may not be able to replace that same property again even in your entire life.

I remembered some years back when an addicted gambling friend of mine sold his father's car and used the money to play gamble, and he ran out of the house to an unknown destination for over 3 years such that the parents where even looking for him to come back home regardless of the crime he committed because he was his parents only male child, so this friend of mine was invincible and without communication for 3 years and afterwards he returned home looking so unkept and his parents saw him and started crying that regardless of what he did that he wouldn't have ran out of their sight and he apologized for his actions and started living a different life. Just imagine the conditions he went through just because of taking a reckless decision that may have even taken his life because no one knows his activities as he left home and moreover he had already spent all the money gotten from the car he sold on gambling, so how he managed to survive without money and help from his friends and relatives for good 3 years is a risk no body would wish to take in life.

No matter how deep you are in gambling never you sell a property because you will surely regret it when it doesn't work the way you expected.

Have you ever sold a property to play gamble and afterwards finds it difficult to replace that same property again?

My uncle also did the same, it turns out that my uncle also gambled and he was also very addicted to it, he used up all the money he brought with him from gambling and he didn't have anything else to bet what he did was bet on their new car just to get back the money that was lost to him but the ending also lost the car, the worst thing is that aunt bought and paid for that car and it is not yet full payment. That's why everyone is angry with him, including his brothers, his son.


They are so addicted to gambling that they do bad things, I don't get why they have to bet their properties, they can stop gambling when they have no more money. Let's not be too greedy because we know how dangerous gambling is, we know that it has ruined many lives, families, etc. Let's not even dream of adding to those. Control yourself, think of your family first before you do anything. I also gamble but not every day, because there is a big chance of becoming addicted to gambling if you gamble every day. Give yourself a limited time to gamble, also set a budget so you don't chase your losses.

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February 07, 2024, 10:58:39 PM
 #96

No matter how deep you are in gambling never you sell a property because you will surely regret it when it doesn't work the way you expected.

Maybe that guy was now in a desperate situation. We don't know the real story behind it and we can assume that maybe he did that not just for the sake of gambling but the person is currently facing several debts. Because of being desperate, his mind got corrupted, and he wasn't able to know what was the right thing to do. He also didn't ask for help or even share his problems with his family.

I hope gamblers who are now in a desperate situation can find a way to escape that kind of situation.

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February 07, 2024, 11:05:24 PM
 #97

Selling property to fulfill your gambling desires is the stupidest thing. How could he risk the money from selling property on something that is uncertain, especially when gambling, the potential for your real loss in front of your eyes is 90%.
However, in fact, this often happens to lower middle class people, they sell property to bet on gambling where they hope that gambling is the fastest way to double their money. But without realizing it, they have fallen into a dark trap.
Wouldn't it be wiser if the money was used as capital to open a new business or short-term investment capital where the risks of losing money can be minimized as small as possible. Yes, but it's called addiction, he will definitely do everything he can to continue gambling even if what he does is criminal.


This was the biggest decision by the gamblers,because now a days assets creation is not the easy one.The gamblers should keep their savings for the longer periods of time to buy any assets for example land.If the gamblers had good experience in the gambling they can sell their land to get the capital,but the capital should be multiplied by the gambling games.If the gamblers doesn’t have any unique strategies for the games.It was better to avoid of the selling land for the gambling games.It will become a biggest risk for the gamblers in his life.Even I had come across my friend who multiple land using the money from selling land.

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February 07, 2024, 11:09:32 PM
 #98

No matter how deep you are in gambling never you sell a property because you will surely regret it when it doesn't work the way you expected.

Have you ever sold a property to play gamble and afterwards finds it difficult to replace that same property again?

I have no personal experience to this but I was a witness when I saw my uncle destroyed his life in gambling when I was in high school.

This started a few years back when my uncle was living his life- he had his own car, a very beautiful girlfriend, and a supportive grandparents who took care of him ever since he was a kid. Well, you can say that he is somehow of a spoiled brat as he was also suffering from ADHD. Unfortunately, there was an incident that happened in his workplace (he was HR) that led the management to terminate his job and position at his workplace.

This is where the downfall started- he lost his job, his girlfriend, and he also did drugs and gambling at the same time. During some random nights, I can hear my grandmother crying since she said that my uncle sold his designer bags in order to fund his drug and gambling addiction at the same time.

To cut the long story short, it has been more than 10+ years and my uncle, in this very same day, is still suffering from these addiction. His life is somehow ruined given the fact that he cannot sustain himself anymore as he has no job. Our family tried to help him but he was eaten by these addictions to the point that he kept on sharing gambling posts and theories with everyone.
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February 07, 2024, 11:33:19 PM
 #99

I agree, the story is heartbreaking. Selling property due to gambling addiction is a horrible reality, and your friend is a prime example of its devastating consequences. 3 years of wandering, alienation from his family is a huge price to pay for a momentary flash of excitement. Many people fall into the same trap. Gambling addiction can quickly spiral out of control and the consequences can be devastating. Never sell your assets for the sake of gambling. The risks are simply not worth it. p.s. Fortunately I do not have a gambling addiction so I do not even allow the thought of selling any of my assets for the sake of gambling as well as committing any other illegal actions

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February 07, 2024, 11:38:07 PM
 #100

No matter how deep you are in gambling never you sell a property because you will surely regret it when it doesn't work the way you expected.

Have you ever sold a property to play gamble and afterwards finds it difficult to replace that same property again?

Even how deep am I in gambling, it's hard for me to imagine that I will sell my property just to gamble. I will sell my property because of an important reason, emergency, or urgent need of money but not for gambling. Won't do such a thing for a crazy idea. Never. I don't understand why there are people who have the guts to do that thing.

It's not wrong to spend money on gambling but be responsible enough to know the consequences.
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