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Author Topic: Difference between afford to lose and can't afford to lose.  (Read 543 times)
rachael9385 (OP)
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February 14, 2024, 08:44:13 PM
 #1

When you are depending on someone for assistance because you want to gamble it means that you are risking what you can not afford to lose. Why because you don't have the money to gamble but someone have to give it to you before you can stake.
But when you have jobs that pays you money so well and you are gambling it means you are risking what you can afford to lose. Why because ones you lose your job will give you another money.

However, many people would say even if you have jobs but you are staking higher it also means you are gambling with what you can not afford to lose. Moreover it's true and I have to dauth but I have a feeling that ones someone that have a good paying job is staking more than what he can afford to lose, there is no different between addiction there.

R


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February 14, 2024, 08:49:44 PM
 #2

Your first definition is not correct. It is the second definition that is correct. Even if you are working and collecting huge amount of money, if you are gambling with the amount high enough to make you not to progress in life but making you to have financial issues, that means you are gambling with the amount of money that you can not afford to lose and if you are doing that consistently, thst is an addiction.

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Wiwo
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February 14, 2024, 08:57:05 PM
 #3

When you are depending on someone for assistance because you want to gamble it means that you are risking what you can not afford to lose. Why because you don't have the money to gamble but someone have to give it to you before you can stake.
But when you have jobs that pays you money so well and you are gambling it means you are risking what you can afford to lose. Why because ones you lose your job will give you another money.
I think you may have gotten this wrong,  because depending on some else to find your gambling expenses is something that can not happen frequently and even if it does it can be refer to risking what you can't afford to lose,  because the amount of risk still depends on how much you are gifted with to gamble with.

And that even leads me to another question as to,  who give money to gamble with?

Quote
However, many people would say even if you have jobs but you are staking higher it also means you are gambling with what you can not afford to lose. Moreover it's true and I have to dauth but I have a feeling that ones someone that have a good-paying job is staking more than what he can afford to lose, there is no difference between addiction there.

Risking what you can't afford to lose is simple, let's say you have a total of $500 which is supposed to cover for your feeding and other basic life necessities,  including allocating a small amount to gamble with let's say $10 for gambling.

And you ended up risking the entire $500 on gambling and you lost all,  that is what it means to risk more than you can afford because at that point you will go hungry and also be unable to meet to other life demands.

So for me, that is the real picture of risking above your ability and limits.
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February 14, 2024, 09:04:25 PM
 #4

Staking with big amounts of money that will make you start chasing your losses because you cannot let it go is addiction. I might not have spare money to gamble, and if my friend stake for me, I don't think that it is an amount that I cannot afford to lose. This is because I wasn't even expecting it, but if I go and start collecting loans to gamble, then I am gambling with the amount that I cannot afford to lose. Addiction starts from seeing gamble as a means to make profit.

R


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February 14, 2024, 09:23:33 PM
 #5

Those who can afford to lose already have a lot of extra budget while those who cannot afford to lose that much are the gamblers who are on a tight budget and they can only lose certain amount. If you are borrowing money just to gamble then this means you cannot afford to lose it because you will still need to pay it which is not good at all. If you are going to gamble, make sure to always have a budget and play within the budget.

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February 14, 2024, 09:25:03 PM
 #6

When you are depending on someone for assistance because you want to gamble it means that you are risking what you can not afford to lose. Why because you don't have the money to gamble but someone have to give it to you before you can stake.
But when you have jobs that pays you money so well and you are gambling it means you are risking what you can afford to lose. Why because ones you lose your job will give you another money.  

The fact that I have a job does not mean any amount I gamble with, large and small, will be an amount that I can afford to lose. There are different things that should be considered when it comes to this, not just their pay rate.

Quote
However, many people would say even if you have jobs but you are staking higher it also means you are gambling with what you can not afford to lose. Moreover it's true and I have to dauth but I have a feeling that ones someone that have a good paying job is staking more than what he can afford to lose, there is no different between addiction there.

This is also wrong, there are cases where people can earn the same amount but still won`t be able to gamble with the same amount without being affected financially because each of them will have different expenses. And the same also goes with low-earners - each of them will have a different amount that they will be able to gamble with.

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February 14, 2024, 09:41:36 PM
 #7

"What one can afford to lose" is a very situational and depends on the personal context of each one of us. There will be gamblers out there in the world who cannot afford to lose 10$, so their entire gambling budget per session is as low as 3-5$, all of it while there are people who can afford to lose much more and are able to spend 10$ in a single slot spin.
To be the concept of "what one is afford to lose" is: " money which if gone, would not affect one's life in the slightest".
So, if someone who is going through some dire situation ends up gambling part of their budget for groceries, then it is money they cannot afford to lose, because on his luck while gambling will depend whether he will be able to eat in the next day or not.

To know we are stepping into dangerous territory when comes to gambling using more money than our initial wager, then it just takes to double check out emotions, if we can allow ourselves to wager X quantity we won't even sweat on the idea of having bad luck and losing it to the casino. As soon as we start to overthink whether what we are wagering is high or not, then it would be time to log out the casino and take some fresh air before commiting some mistake we will likely regret in mere minutes.

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February 14, 2024, 09:51:10 PM
 #8

When you are depending on someone for assistance because you want to gamble it means that you are risking what you can not afford to lose. Why because you don't have the money to gamble but someone have to give it to you before you can stake.
But when you have jobs that pays you money so well and you are gambling it means you are risking what you can afford to lose. Why because ones you lose your job will give you another money.

However, many people would say even if you have jobs but you are staking higher it also means you are gambling with what you can not afford to lose. Moreover it's true and I have to dauth but I have a feeling that ones someone that have a good paying job is staking more than what he can afford to lose, there is no different between addiction there.
I disagree with you. If you receive financial assistance from someone to use for gambling, it should be considered as the money you can afford to lose. This is because you receive it without having to work for it. On the other hand, if you use your salary earned from a job to gamble, it is considered as the money you can't afford to lose. You work hard for it, put in your effort, and have to wait for a few weeks to receive it.

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February 14, 2024, 09:57:18 PM
 #9

When you are depending on someone for assistance because you want to gamble it means that you are risking what you can not afford to lose. Why because you don't have the money to gamble but someone have to give it to you before you can stake.
But when you have jobs that pays you money so well and you are gambling it means you are risking what you can afford to lose. Why because ones you lose your job will give you another money.

However, many people would say even if you have jobs but you are staking higher it also means you are gambling with what you can not afford to lose. Moreover it's true and I have to dauth but I have a feeling that ones someone that have a good paying job is staking more than what he can afford to lose, there is no different between addiction there.
For me,whether you do get those money indirectly or directly came from your job then it would really be something that considered to be your own funds and in speaking about dealing up with gambling
then of course it would really be pertaining on something in talking about on the amount on which you would really be just that allocating with your gambling moment or sessions. Of course we do really have
that kind of threshold on how much amount that we can really only afford to lose but since addiction is really that always next in line then it wont really be that shocking that people would really be
going overboard into those lines and would really be spending up more than on the amount that they can afford to lose on which this is commonly happening on gambling field.

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February 14, 2024, 09:57:42 PM
Last edit: February 14, 2024, 11:38:44 PM by Sandra_hakeem
 #10

When you are depending on someone for assistance because you want to gamble it means that you are risking what you can not afford to lose. Why because you don't have the money to gamble but someone have to give it to you before you can stake.
But when you have jobs that pays you money so well and you are gambling it means you are risking what you can afford to lose. Why because ones you lose your job will give you another money.
sheesss!!! You just mixing up the whole point. Why would anyone wanna beg for a grant to wager on a game? Sounds more like borrowing funds to play - gambling becomes an indecisive fun the moment you Begin to pick up games... You could even swap your tickets and start the predictions all over again for just one silly doubt... That's how crazy it can be.

secondly, for the fact that you've got some means to refill your pockets should gambling fail you doesn't create the gap that you can afford to lose - nobody enjoys losing eitherways so there's a possibility that the poor would condone more loses than the rich does.

Sandra 🧑‍🦰

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February 14, 2024, 10:02:16 PM
 #11

When you are depending on someone for assistance because you want to gamble it means that you are risking what you can not afford to lose. Why because you don't have the money to gamble but someone have to give it to you before you can stake.
But when you have jobs that pays you money so well and you are gambling it means you are risking what you can afford to lose. Why because ones you lose your job will give you another money.

However, many people would say even if you have jobs but you are staking higher it also means you are gambling with what you can not afford to lose. Moreover it's true and I have to dauth but I have a feeling that ones someone that have a good paying job is staking more than what he can afford to lose, there is no different between addiction there.

You pointed out the key difference in how people gamble what they can afford and when they put more on the line than they can bear to lose.

The fact that some people seek assistance from others in order to continue gambling is an indication that they have gone beyond their financial boundaries and might be treading on harmful grounds. Such behavior signals a lack of control over gambling practices; hence, an individual requires support to fight the issue. For example, if someone has a well-paying job and chooses to gamble responsibly using their disposable income, then they are only risking what they can afford to lose. Nevertheless, this could be an indicator that the individual might be too confident in handling risks associated with gambling and thus they need extra caution to not get carried away into excessive betting behavior.

Remember to gamble responsibly based on your income. Prevention and control of risks are important if you would like to keep gambling on the safe side and within healthy limits.

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February 14, 2024, 10:09:24 PM
 #12

When you are depending on someone for assistance because you want to gamble it means that you are risking what you can not afford to lose. Why because you don't have the money to gamble but someone have to give it to you before you can stake.
But when you have jobs that pays you money so well and you are gambling it means you are risking what you can afford to lose. Why because ones you lose your job will give you another money.

However, many people would say even if you have jobs but you are staking higher it also means you are gambling with what you can not afford to lose. Moreover it's true and I have to dauth but I have a feeling that ones someone that have a good paying job is staking more than what he can afford to lose, there is no different between addiction there.
The difference between afford to lose and can't afford to lose lies in the ability of the individual to be able to replace the money used for staking in the casino or in a sport bet 5 times over with having to feel like their life is going to be over. Meaning that whether you loaned the money or you have the money as a result of a sable income, you must be able to replace what you lost five times over. Hopefully, someone understands it like I do.

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rachael9385 (OP)
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February 14, 2024, 10:10:35 PM
 #13

@Sandra_hakeem, @Wiwo, @goaldigger, @carlfebz2, @eye-con, @Oshosondy
I don't really mean that a gambler will openly tells one to assist him or her for money so he can gamble, because they already knows that the assistant will not give money to them. A gambler can ask for money from anyone without telling the person the real truth of what he/she want to use the money for.
However, if you don't have money and you asked someone to borrow you money which you want to use for something important and the person gives the money to you, meanwhile you already know in your mind that you want to use the money to gamble, and that means you have risk what you can not afford to lose because you borrowed the money. Hope am making a point here?

R


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Stepstowealth
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February 14, 2024, 10:11:42 PM
 #14

However, many people would say even if you have jobs but you are staking higher it also means you are gambling with what you can not afford to lose. Moreover it's true
You are really confusing me, but I do not think it is how much you earn from your jobs, it is how much that you can spare to use in gambling that will determine if you are gambling with what you can afford to loose.

Some gamblers actually have good paying jobs, but they also have many responsibilities to meet up with so they should not be staking much in gambling, they should be sticking and gambling according to a budget.

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February 14, 2024, 10:15:52 PM
 #15

When you are depending on someone for assistance because you want to gamble it means that you are risking what you can not afford to lose. Why because you don't have the money to gamble but someone have to give it to you before you can stake.
But when you have jobs that pays you money so well and you are gambling it means you are risking what you can afford to lose. Why because ones you lose your job will give you another money.

However, many people would say even if you have jobs but you are staking higher it also means you are gambling with what you can not afford to lose. Moreover it's true and I have to dauth but I have a feeling that ones someone that have a good paying job is staking more than what he can afford to lose, there is no different between addiction there.
from my own Theory I think that you don't need assistant in gambling or Assistant to fund you in gambling order to gamble and make money because whoever that is into gambling knows the risk that is involved and know the disadvantages and the advantages that is involved in gambling in which you can borrow money from somebody to gamble and by the end of the gambling you lose everything so you don't need to depend on any person but only that you should use what you can afford to lose to gamble because two things are involved neither you you win the gambling or you lose the gambling

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February 14, 2024, 10:17:51 PM
 #16

@Sandra_hakeem, @Wiwo, @goaldigger, @carlfebz2, @eye-con, @Oshosondy
I don't really mean that a gambler will openly tells one to assist him or her for money so he can gamble, because they already knows that the assistant will not give money to them. A gambler can ask for money from anyone without telling the person the real truth of what he/she want to use the money for.
However, if you don't have money and you asked someone to borrow you money which you want to use for something important and the person gives the money to you, meanwhile you already know in your mind that you want to use the money to gamble, and that means you have risk what you can not afford to lose because you borrowed the money. Hope am making a point here?
What you explained right now is also an example of someone that is addicted to gambling. But from your first (first OP) illustration, you can depend on someone but not addicted to gambling. Example are children that depends on their parents. Some of them are over 18 years and some are gambling but not an addict. They just do it with small amount of money. Example is a father that gives his son $10 to spend. The son can take $0.5 to gamble. That is not an addiction. Spend more than the amount that you can afford to lose is the addiction.

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February 14, 2024, 10:22:14 PM
 #17

I am trying to link your definition to different scenarios, but I don't think that it's really a correct definition for those two gambling phrases.

There are people who's source of survival is their parents, uncles, aunts, and other family relatives, but despite the fact that they depend on their family members for survival, they can still decide to gamble with the money they got from their uncle or aunt. Any time money purposely leaves the pocket of your source and enters your hands, you are the owner of such money, and you can use the money to do whatever you want.

For example, if you happen to be my immediate junior sister and you ask me for some money, and perhaps I decide to gift you $100, as soon as that money leaves my account and comes to you, it automatically becomes your money. Even if you wish to gamble with all that money, it's your risk.

But let's assume I gave you that money to use it for a project or to use it for your school dues payment, and you decide to multiply the money through gambling and end up losing the money. That's when it can be said that "you gambled with the amount you cannot afford to lose.""


It's possible that someone can still have a job and earn a salary, but they can become irresponsible gamblers who can stake all their salary without minding the risk, which can cause them to still lose all that money. But because of their greed to multiply the money while they had other important things to do with it, they gambled recklessly.

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February 14, 2024, 10:24:11 PM
 #18

Just because you have a fixed source of income or a job it doesn't mean you are going to gamble with money you can afford to lose, because the whole fixed income may be already compromised with fixed expenses which you can't fail paying for in a monthly basis. Let's say you have a regular job where you make 300$ monthly. If your rent is 100$, food costs are 100$, electricity and water bills are 50$ and the child's school is 50$, it means you can't afford to lose any single penny of your regular job's income with gambling, despite having an income.

To be afford to lose means you still have an exceeding money after you pay for all your fixed expenses, so you can give yourself the right to risk losing those funds without any major negative consequences for your finances and life progression.

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February 14, 2024, 10:25:23 PM
 #19

It's not exactly about how much you make or where you get money from, it's about how much that money means to you. Somebody making $2k a month for example can stake with 1k dollars, but you earning $1k can't stake with that.

What you can afford to lose doesn't necessarily mean small money, it's just money that won't wreak you if you lose it. Money that won't take you back multiple steps if you lose it. Some people can lose $10k and it means nothing to them, it doesn't mean they enjoy the loss or they don't care about the loss, it means they'll be fine, financially and otherwise with the loss.
Different people have different amounts that they can lose and just move on from it immediately. Know your limit and stick to it. Don't get greedy by going above your means.

R


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February 14, 2024, 10:30:15 PM
 #20

When you are depending on someone for assistance because you want to gamble it means that you are risking what you can not afford to lose. Why because you don't have the money to gamble but someone have to give it to you before you can stake.
But when you have jobs that pays you money so well and you are gambling it means you are risking what you can afford to lose. Why because ones you lose your job will give you another money.

However, many people would say even if you have jobs but you are staking higher it also means you are gambling with what you can not afford to lose. Moreover it's true and I have to dauth but I have a feeling that ones someone that have a good paying job is staking more than what he can afford to lose, there is no different between addiction there.

I've never played with other people's money, I can't think about that possibility because I barely feel safe betting money that "maybe" I could be spending better with my family.

However, I understand what you say compared to when we borrow something from someone else... I often borrow my father's car when my wife needs it to go to work and that makes me much more afraid, because if I crash the my own car, I will have to bear the expenses and also the lack of this resource. However, if I crash my father's car, even if I pay the expenses he will be without the car for a while, it's something that can't be repaired.

The same way it should be when you take money from someone else... even if you lose and manage to cover the amount over time, you will lose trust and credibility with that person.

The best thing is to just play with what you have, without depending on other people.

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