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Author Topic: Selling a property to play gamble  (Read 1541 times)
tottong
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February 08, 2024, 08:01:10 AM
 #121

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.

Unfortunately regret always comes after we lose it and that happens to most people who sell their property to gamble.
Then what can we produce and it turns out we are only forced by the desire to produce an uncertain victory.
That's why gambling plays a much more dangerous psychological role because people lose awareness in making choices and this awareness is not a loss of sight but a loss of reason to verify the truth that we will face.

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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?
Until now, I have never sold valuable property for gambling and all I have done is sell my cellphone when I was still seen gambling.
Currently I am not very active in betting or any form of gambling because when deciding to gamble I usually look at the budget, because we have responsibilities as the main thing that must be fulfilled. Regret will definitely come later and it's best to decide something based on a clear mind.

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February 08, 2024, 08:13:48 AM
 #122

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.
A person who is addicted may not think that he will have difficulty buying property again because what is on his mind is how to fulfill his desire at that time, namely gambling, even though he has to sell his assets even at below market prices because of the need to immediately fund his gambling.

Have you ever sold a property to play gamble and afterwards finds it difficult to replace that same property again?
I've never done that or even thought about doing it because so far I'm still gambling within predetermined limits, even gambling with the proceeds of debt has only ever been done once and even then with fairly careful calculations because there are funds that can immediately pay off the debt.

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February 08, 2024, 11:34:49 AM
 #123

Never sell anything because you want to gamble, this was how a guy lost everything he has in his room, he sold his generator at first and lost the money, he get on and sold him Ultra Wide monitor that costs a lot and still lose everything.

This went on for a while and his room got empty, it was at this moment he waked up, saying he messed up, now is started working hard to get those properties back again, gambling is not gold investment, it's not buying Bitcoin and hold kinda of investment.

The only money that fits gambling is the type that you have left after paying your bills and after you've do the needful in your home, it's a risky way to make money, it deserves only few percentage because winning has no guarantee but I bet you that losing is more guaranteed in gambling.

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February 08, 2024, 11:43:34 AM
 #124

Have you ever sold a property to play gamble and afterwards finds it difficult to replace that same property again?
I am not that addicted at all and if I ever be, I'll never attempt to sell my property just to fund my addiction.

A property that came from hard work and especially if that's your first ever acquired property, there's sentimental value on it. Someone who has decided to sell his property because he no longer has any money left to gamble must be stopped.

At this time, housing rates are way terribly high and that's not a good idea to sell your properties just to sustain your addiction. What's next after selling it? You'll have hard time acquiring it back because there's already the interest and what if the buyer don't want it back to you?

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February 08, 2024, 12:13:51 PM
 #125

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

I've done that before; I sold my phone to pay my friend back after he gave me some money to keep in my bank account because he doesn't have one. I then decided to use the money to gamble before he should have asked for it; I would have made a large profit, but I didn't realize that I was doing it completely wrong until I lost all of the money in the gamble and had no other way to make money. When he began requesting the money from me, I kept giving him some excuses, but later I understood that wouldn't solve the problem. Instead, it would be best for me to sell my phone to recover the money so that I could start over.

Being addicted to gambling is a very dangerous. Despite having a source of income, we don't have to gamble. I've learned my lesson and made a promise to myself not to gamble ever again. I haven't gambled with my money since then because I know how hard I worked to purchase a new phone at the time.

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February 08, 2024, 12:20:07 PM
 #126

I am not that addicted at all and if I ever be, I'll never attempt to sell my property just to fund my addiction.
Maybe yo'll make a decision that you don't like when you aren't addicted yet. It's better if we could prevent ourselves from getting addicted in gambling as it could result to doing things like this. Some even became homeless because of gambling addiction, they sold their houses and cars, and everything they can sell just to finance their gambling addiction.

Gambling addiction it is, because gambling alone will not ruin our finances, since the definition of gambling is entertainment, we get ourselves entertain but with limitation so the risk of getting addiction is not high.

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February 08, 2024, 12:27:09 PM
 #127

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

I've done that before; I sold my phone to pay my friend back after he gave me some money to keep in my bank account because he doesn't have one. I then decided to use the money to gamble before he should have asked for it; I would have made a large profit, but I didn't realize that I was doing it completely wrong until I lost all of the money in the gamble and had no other way to make money. When he began requesting the money from me, I kept giving him some excuses, but later I understood that wouldn't solve the problem. Instead, it would be best for me to sell my phone to recover the money so that I could start over.

Being addicted to gambling is a very dangerous. Despite having a source of income, we don't have to gamble. I've learned my lesson and made a promise to myself not to gamble ever again. I haven't gambled with my money since then because I know how hard I worked to purchase a new phone at the time.
At least you already have that experience because not everyone has bitter experiences so you don't do it in the future or just remind anyone you know and you can advise them. Learning from your experience is good enough, especially being able to get out of it and realize it before losing more. actually it depends on how you want to gamble at that time, whether you want to win and big money or just entertainment, usually if it's just entertainment you won't sell your cellphone at that time, but unfortunately it has already happened and you have to make it a valuable experience for yourself.

I hope you can buy your cell phone back because I'm sure it has a lot of memories in it which are probably more valuable than the price of the cell phone. The point is that if you want to make money it's best not to gamble but just work or do any business that can make money other than gambling because gambling is not a place to make money let alone instant wealth, so far I have had the same experience and the most important thing is never to sell any of our property just because we want to finance our gambling.  Grin

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February 08, 2024, 12:38:43 PM
 #128

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

I've done that before; I sold my phone to pay my friend back after he gave me some money to keep in my bank account because he doesn't have one. I then decided to use the money to gamble before he should have asked for it; I would have made a large profit, but I didn't realize that I was doing it completely wrong until I lost all of the money in the gamble and had no other way to make money. When he began requesting the money from me, I kept giving him some excuses, but later I understood that wouldn't solve the problem. Instead, it would be best for me to sell my phone to recover the money so that I could start over.

Being addicted to gambling is a very dangerous. Despite having a source of income, we don't have to gamble. I've learned my lesson and made a promise to myself not to gamble ever again. I haven't gambled with my money since then because I know how hard I worked to purchase a new phone at the time.
Yes, I like this solution when we bought everything we needed and only then allowed ourselves to play gambling. Moreover, if we lose, under no circumstances should we touch these things for sale and further play. This cannot be done about real estate at all; this is what allows us to have a roof over our heads; if we lose it, we will have to pay rent, which places an additional financial burden on us. I don't want to offend those people who sold their property to play more, but I think they are absolutely stupid. This is a step that we may regret for the rest of our lives. I would never do this, even if I had 2 houses.

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February 08, 2024, 12:43:15 PM
 #129

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.
Recently sold something but with no intention to gamble with the money as it was used to pay off recent debt.
But once those bills were paid had some left over and used the funds to put towards the balance used to gamble with.
That was a small amount a few hundred not in the range a property would be gained of in the hundred thousands.
Seems they need to go into rehabilitation or take a vacation with that sort of money instead.

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February 08, 2024, 01:28:30 PM
 #130

While I've never sold anything for gambling, your story hits home for me. It shows both how destructive addiction is and how strong and flexible people are. Your friend's serious case shows the darker side of gambling addiction and how terrible it is for people and their families.

Gamble for fun, not to lose all your money. I've always thought it was important to play safely, to know the difference between a harmless flutter and a dangerous obsession. Self-awareness and moderation are very important.

Your story of recovery is moving and instructive. No matter how far someone falls, healing is always possible, even if its hard. Our relationships can save us from danger, so we should value and protect them.

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February 08, 2024, 02:36:42 PM
 #131

That is really sad and unfortunate. Just to satisfy your itch and eagerness to gamble, you will sell some of your assets. Which, in the first place, can help you earn more money than gambling? That car can be rented out to give you passive income. It is much better to have properties like that than to gamble every day. Gambling causes too much stress if you are gambling with money that is valuable.

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

For this one, I technically did not sell a property just to use for gambling. But I did use some of my savings to try gambling. I just thought that I would discover an easy way to use gambling as a passive income. But ended up losing. Well, I guess there is no sure bet in gambling. It is a lesson learned for me, and I will not do it again (or maybe not, lol).
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February 08, 2024, 02:41:17 PM
 #132

main thing is: you should not gamble with money that you can't afford to lose
that is basic, step one, all the other rules will suppose this basic one is known and understood.

think in terms of risk and rewards, if you're risking too much betting a thing you can't afford to lose, it's not worth the potential reward.
a little bit of a reducionism but it works most of the time.

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February 08, 2024, 02:49:08 PM
 #133


Have you ever sold a property to play gamble and afterwards finds it difficult to replace that same property again?
I am not addicted to gambling, and never have I  ever been addicted to the extent that I should even consider selling any of my properties or my father's properties all for the sake of raising money to or for gambling, for I think this is possibly one the stupidest thing anyone can do.

I've actually heard tales of some people who either sold their phones, television and other types of gadgets, even cars and so on, and used the money raised for gambling, this is something we all must discourage people from doing in our societies, and think this is also one the reasons why I advice jobless people not to engage themselves in gambling, so as to avoid doing things like this.

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February 08, 2024, 03:02:28 PM
 #134

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

No, I am not stupid. I only sell property if I am going to buy some other property. Why would I sell, say a house, to gamble? It doesn't make any sense. Only a mad man would do such thing. If you did it that's a very serious sign of something going very wrong in your thought process and it needs to be fixed immediately. (a.k.a. "see a doctor") If you don't leave this thought of getting rich by risking your assets which you need, you'll get poor very fast.

I can understand it if you want o sell your assets because you planning to start a business (I don't mean blackjack) so you need to raise funds for it... Even that has its own risks and you may still lose what you invest in that business but it is better than gambling.

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February 08, 2024, 03:09:32 PM
 #135

Have you ever sold a property to play gamble and afterwards finds it difficult to replace that same property again?
Nah! I'm am not gonna take that risk because it is a suicide. There is no assurance of winning in gambling so why should I use it for something that is not worth the return? This is same as taking a loan money and then gamble, we might end up badly with this kind of mindset.



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February 08, 2024, 03:20:20 PM
 #136

Nah! I'm am not gonna take that risk because it is a suicide. There is no assurance of winning in gambling so why should I use it for something that is not worth the return? This is same as taking a loan money and then gamble, we might end up badly with this kind of mindset.
It's not same, if you taking out a loan to gamble, you're need to pay the loan amount + interest (with penalty). But if you sold your property, you're only lose your property, even you gambled away all the money, you don't have any pressure that you need to earn as much as that or buy back the property.

However, neither of them is a good decision.

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February 08, 2024, 03:26:51 PM
 #137

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.

This is really insane if someone sells his property only to gamble. One thing is sure that if a person takes this step to sell his property, means that he has lost all of his money in gambling so he will take this big step to sell the property to further gamble. Such a person is 100% gambling addicted and he sees no other thing but only gambling. Such people are most worst for their families but for the gambling sites, they are really happy if people bring more money for wagering and do not care for the source of the money.

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

I never sold my property and not anything for gambling. I wish I never got into such a situation and always be a responsible gambler. By the way, responsible gamblers are the ones who are responsible citizens too. and those who are aggressive in gambling, you will find them aggressive in other parts of life too.

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February 08, 2024, 03:53:28 PM
 #138

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.
That's a bad decision because selling the property we own to gamble may not necessarily result in winnings and at most risks losing everything. Someone who gambles responsibly will not do that because there are many considerations that make them not choose that path.

Have you ever sold a property to play gamble and afterwards finds it difficult to replace that same property again?
Until now I have never sold any property to gamble because I am not an active gambler who always gambles. For me, selling property to gamble is a bad decision because we buy it with difficulty and then sell it easily while engaging in gambling and that is quite ridiculous in my opinion.

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February 08, 2024, 08:04:44 PM
 #139

I have met with someone like this, he didn't sell his house to gamble, but he gambled and lost so much that he had to sell his house, so it is sort of the same thing. I think we should consider the fact that these people are focusing on the wrong part of the world.

If you are so addicted to gambling that you lose everything you have, that doesn't really mean that you should be capable of doing anything like that, it should definitely not be something that would not be all that possible. I believe that we are going to end up with something that may not be all that easy to handle, so it is quite obvious that we should get rid of this addiction and find a way to cure our problem so that we do not lose all our money in the end.

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February 08, 2024, 08:24:19 PM
 #140

.

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?
The moment you get a thirst of selling your properties, it gets stuck like a virus and it becomes really hard to stop and that's why I watch myself before I make such mistake. with what I have seen with friends doing it, I would definitely not like to see myself go down that lane and I think the closest I have gone for such act is when I used the money I borrowed someone to risk it on a single odd but at the end the results didn't favor me and from there I learnt my lessons.

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