Difference between afford to lose and can't afford to lose.

[Franctoshi]

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 agree with you on the second paragraph of your definition of money you can't afford to lose but not particularly on people that has a job, once you have gone way above what you can't bear in mind when you lose it or likely feel fearful of losing such an amount of money, it doesn't matter whether you are working or not, whichever way you get the money dash or through job, take you for instance, that someone dash you money, let's say $20, you will be at peace losing $1 than losing $5-$10 out of it regardless.

[aioc]

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.

I can afford to lose it if the money was given to me is for gambling but if it's not It's money that I cannot afford to lose and I must not use it to gamble, people give you money to spend on important things like food and paying bills, if they found out that you've used it to gamble it will hurt their feelings so its better not to gamble if the money is given for something else.

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.

If the money you're using is just excess money then there's no issue at all, and about your last sentence, gambling is not a cash cow if you lose your job never depend on gambling, it's high risk.

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.

Not because you have a job that you're going to gamble all your salary or even a big part of your salary, after you pay all your bills and shop for groceries and there's excess money then you can use that to gamble, gambling should be your last priority when it comes to allocation.

[pawanjain]

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 are portraying it in a wrong way. Even I am taking a loan but I have the capability to pay it back easily then I can still afford to lose that money.
So taking loan does not directly mean that we cannot afford to lose it. Sometimes we don't the money handy and we do take up micro loans for processing the transaction.
The whole concept about affording to lose relies on one's capability to continue living a normal life while losing the money.
If the amount you lose create hiccups in your life then you cannot afford to lose that money.

[danherbias07]

That's simple. The basic difference between "afford to lose" and "can't afford to lose" is when you make gambling like entertainment where you are able to gamble without any burden, meaning you are ready to accept whatever the results of your gambling are. Gamblers who can afford to lose usually have no difficulty when they want to gamble their money - they are free to gamble their money away. And they usually understand the limits of how much money they are prepared to lose, meaning they don't gamble too much and realize that gambling is just a side activity to find entertainment.

I completely agree with that. But still, there is that perspective to win. They may afford it but winning is also their goal. They are not there to just give out the money like it's a freebie because, at the end of the day, that money is still hard-earned from their job. Most gamblers who can afford to lose doesn't mean they will eventually lose it all, they are also making strategies to win the game as much as possible although it will not hurt them so bad if they make a mistake, just like you said.
Like me, I lost a lot of money this week but I am not in the mode where I get frustrated and just make one single big bet that would rather give me back all my funds or I will lose it double. That's just stupid, in my opinion. I lost my money through long and cruel small bets, and I was actually surprised that it went that far as this week is going to end. I just wish I could get it all back through the bonuses that will be given this month because that really hurt my budget and I want it back so bad so I can gamble again and increase my wagered amount for another month.
There's this losing streak that I am always afraid of, and it happened just like I predicted but my mistake for not stopping when I have a chance.

[bangjoe]

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.

Everyone's financial health is different, maybe when you earn 20 thousand dollars, and use money to gamble $2000 will not affect as long as your needs and needs are all met, I guess it doesn't matter and you will not remember it so much, but it is different from people who earn $200 then use $20 to gamble, in terms of sufficiency it is still lacking which will give illogical financial calculations and you will not be able to afford to lose $20 to gamble.
 
The scale of income affects how much you can use money, and you become prepared to lose, the average person who is not prepared to lose is those who use more money than their income.

[mindrust]

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.

It is all about risk/budget management.

Let's say you have $1000 disposable income every month which you can choose to spend on anything you want. It could be investing, it could be a vacation, a cellphone... whatever. Mind that, that $1000 you have is after making every other mandatory payments like bills, groceries, rent etc...

Then you can choose to spend all of that $1000 on gambling. It means you can afford to lose that $1000. It wouldn't be a wise decision but losing that $1000 also won't have a bad impact on your daily life.

If you can't pay for your basic daily needs first, then you shouldn't be gambling. That's how you can't afford to lose because you have other more important priorities than gambling.

[BABY SHOES]

It is not recommended to gamble only asking for help from others to ask for money in the form of a loan or whatever it is just for gambling, then he really does not want to lose but harm others but is it for example with the loan that a gambler who loses money will not bear the loss? Then he will bear and must pay back what was loaned.
With someone having a job and a better income then they will be able to bear the loss but I don't think they will spend all of it maybe only a percentage of 5% of the total salary just throwing money for fun.

[Weawant]

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.

Your idea isn't completely wrong but then I wouldn't want to support it fully at some point because some persons who are depending on someone to give them money to gamble still, are able to loose certain amount and it's not a big deal for them so I wouldn't want to say they are risking that which they can't afford to loose.

On the other hand, there are people who are gambling with money which they can't afford to lose even if they have a job, but there are certain amount of money you will have you still wouldn't be able to loose them because if you do, your finances will be greatly affected so at that point, that's an amount you can't afford to loose, it doesn't matter if you have a job or not because if you lose such amount you will go bankrupt and broke like the other person who's dependent on some One for money.

[Cryptomultiplier]

For me, I think the difference isn't much but it rather depends on the perspective of the gambler.

While a gambler might be tempted or so drawn in to make a choice of spending a certain budgeted amount on gambling for a day, the need to know that what might be lost during the gamble might be all of the money staked or even more than what was pre-approved to gamble with.
Then I can say that the budgeted sum of money for gamble is one that the gambler can afford to loose.
Whereas, the extra funds injected or conjured to keep gambling after the budgeted funds has been lost is clearly funds one shouldn't and can't afford to loose, unless it has no immediate use.

[Findingnemo]

Wrong definition.

Let's assume you have $1000, you have no commitment to spend that money on your family or for your needs or anything, it just there and you wish to spend it completely or a part of it with no expectation of the spent money coming back at you is you can afford to lose.

And the same person has $1000, but they have a family who rely on this money or you have to pay your rent, mortgage or fee or whatever then the remaining of whatever left in that $1000 is the money you can afford to lose.

[Lorence.xD]

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 are portraying it in a wrong way. Even I am taking a loan but I have the capability to pay it back easily then I can still afford to lose that money.
So taking loan does not directly mean that we cannot afford to lose it. Sometimes we don't the money handy and we do take up micro loans for processing the transaction.
The whole concept about affording to lose relies on one's capability to continue living a normal life while losing the money.
If the amount you lose create hiccups in your life then you cannot afford to lose that money.

Not just because you can pay it, means you can afford it. It's not only like that. Affording something is being ale to pay it without any regrets or any negative feeling. Imagine taking a loan and losing the amount, then will still be required of paying it. Won't you feel bad? If you can really afford it why would you be needing to take a loan?  If you have $100k in your annual savings and would want to purchase a car worth $95k, would you buy it? There will be a side that you will, but also a side that you won't because you will consider the length of time you needed to accumulate such amount. And this is already something you will be able to use unlike with gambling loss that you will  no longer have possession of it.

Therefore, for me, as to how I understand affordability of something; I really take the ideology of having the value 5x over before I use a certain amount. In such way I wil have enough margin of my wealth to not stress about it even fafter consumption of purchase of a certain thing or activity.

[rachael9385]

I took lot of my time to read through our all the comments on this post and I can say that some are agreeing to the definitions while some are not and few are just staking to one definition and disagreeing to the other one.
However, that's from my own definition and with that I can say afford to lose is when you are working on a better paying job, then you can gamble the amount that is satisfied with you. Even if you want to use all the which you have to gamble at least before doing that you should have enough savings first before you can use your whole monthly salaries to gamble because you already have much money on one side.

When you don't have a paying job but you are gambling with the money done gifted to you it means you are risking what you can not afford to lose and with this you will be stagnant.
Outside this forum I have seen a gambler who's gambling with money that someone gave to him and this person doesn't have a job but he's gambling with money that he can not afford to lose. And when he lose the money there will not be elsewhere for him to get these money again if another person or the same person gives him another money.

[Dewi Aries]

On the other hand I doubt that anyone will help you to fund your gambling activities, no one will give their money to gamblers for free to gamble unless there is an agreement from the beginning such as sharing the winnings if you are really lucky. And as for the issue of whether or not you are responsible for whatever happens at the end of the session especially for losses I think it is a matter of budget, every gambler is advised to gamble with a budget that they can afford to lose, no matter whether it is your money or not, and would not say that you are not a responsible gambler if you gamble with other people's money because of course you also have to return that person's money, It's more like borrowing money from someone else to fund your gambling activities and that means you have to return the same amount of money if there wasn't any agreement beforehand, and I reiterate that you can afford to lose when you put in small amounts of money that it wouldn't matter if it was lost, no matter who's money it is because even if you use someone else's money it means you have a responsibility to return it someday.

[Antotena]

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.

This depend on the amount actually. If I am a regular gambler that gamble $10 dollar a week and I don't feel anything when I lose this amount, I don't regret it, I don't feel like I even bet then that amount is something I can afford to lose and if don't have money to bet one day and I asked a friend or a close relative to help me out with $5 and the I used it to bet, I don't think that will look like money I can't afford to lose, its little for me to not lose because I didn't need to feed my stomach or do anything else just for gambling, even if I don't have anything at all, no hope, no food and the gamble with it's, it will look normal to me because it's a risk and nothing more.

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.

Just because you have a job doesn't mean you should stake recklessly, staking higher doesn't guarantee anything, the same way you can lose when you stake lower is the same way you can lose when you stake hiher. So, instead of staking that high, better to work on your gambling style and how to win instead of always focusing on using all the money you make from your jobs, I do feel pity how some people gamble sometimes because it's not worth it and yet they don't learn.

[serjent05]

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 do not think it goes that way and here is the reason why.

If someone says he can afford to lose, it means there is no effect on his financial status no matter how much he losses.  It does not make him suffer a shortage of money to pay for his bills and daily needs.  Even when the money he gambles is given by other people, as long as his gambling losses do not make him short of money he can say that he is gambling the money he can afford to lose.

While, gambling that can't afford to lose is a situation where when a person's losses make him unable to pay for his needs or the money he used is allocated to somewhere else, even if he has a job it does not exempt him that he is gambling with money that he can't afford to lose.  In short, gambling can make a person short of money to support his needs, even with a high-paying job, it is labeled as gambling the money that a person can't afford to lose.

[DabsPoorVersion]

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.

This depend on the amount actually. If I am a regular gambler that gamble $10 dollar a week and I don't feel anything when I lose this amount, I don't regret it, I don't feel like I even bet then that amount is something I can afford to lose and if don't have money to bet one day and I asked a friend or a close relative to help me out with $5 and the I used it to bet, I don't think that will look like money I can't afford to lose, its little for me to not lose because I didn't need to feed my stomach or do anything else just for gambling, even if I don't have anything at all, no hope, no food and the gamble with it's, it will look normal to me because it's a risk and nothing more.

Maybe it's not about the amount of money that's being received as assistance for gambling, but rather an individual's perspective towards it. Some people, like you, may feel responsible if they receive money from someone who receives assistance for gambling. Regardless of the amount, you feel responsible and can't afford to lose the money easily. You want to show your friend or your relative that you give importance to the money and can even increase it through gambling.

On the other hand, some individuals may not feel any sense of responsibility when they receive assistance to gamble, as it is not their own money in the first place. They do not risk or lose their own funds, so whatever happens to the money does not affect them directly.

[Westinhome]

I agree with you on the second paragraph of your definition of money you can't afford to lose but not particularly on people that has a job, once you have gone way above what you can't bear in mind when you lose it or likely feel fearful of losing such an amount of money, it doesn't matter whether you are working or not, whichever way you get the money dash or through job, take you for instance, that someone dash you money, let's say $20, you will be at peace losing $1 than losing $5-$10 out of it regardless.

The gambler who had their job can able to afford the loss,kindly consider the gamblers who doing gambling with all the money he received from the small part time jobs.Already his condition was worst because of the low income due to the part time job,the gamblers who doesn’t able to accept the loss should stop playing when they start to face the loss in the gambling site.Mostly the income generating gamblers will use their income to the gambling site for the rotations of their gambling betting.If the gamblers can able to bear the loss of 50$ per month,he should allot the separate money of 50$ to their gambling as their gambling budget for the month.

[Huppercase]

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.

Let's put the topic aside first and address why depending on someone for gambling funding Why would you depend on another person to fund you, like are you supposed to be gambling or to be looking for a financial way to be stable or the person is just acting stupid of himself? I will never understand why someone will be depending on another person to gift him money to gamble, that shows you are not okay and you are not supposed to gambling but looking for a way to have money of yours.

I will assume depending on another person is be you don't have means to fund or probably you don't just want to use your money for that day, there is no way you would say the person is using the money he can't afford to lose except in situations where money used is really really big. Anyone can fund you a dollar to play game. My friends has gave me ₦1,000 which is less than a dollar before and I used it gamble and I made ₦7,000 the same day, I wouldn't say ₦1,000 is something I will regret using.

[dothebeats]

The difference is that the former can lose and will still have some money to live comfortably and normally, while the latter is hanging by a thread and, once lost, will have more problems than what they initially have. This is what I don't understand with people who are staking their last money into gambling with the thought that they can always win. With this line of thinking, they have wasted the chance to slowly but surely attain their goals by purposely hampering it with losses from gambling. If you can't afford to lose, don't gamble. It's that simple.

[Ultegra134]

Each person does have that different threshold when it comes into the amount that they can afford to lose.If you are someone whose really that having just that sufficient money that you could make
use of on day to day basis then it would really be having no sense that you would be spending up all of your salary on gambling just because you do able to hope that you could be able to flip it out on easy x2
without minding that much on the risks involved and on the time that you would be experiencing those hard situations then this is where you would really be having those realizations.

Dont wait up for things to get messy before you would really be able to make those kind of realizations because when it comes having those problems then
there would really be instances that it would really be that hard to resolved it out.

My view is that we usually can afford to make larger bets; however, we need to distinguish that even though we can, that doesn't mean we should. I rarely exceed the maximum budget I've allocated towards gambling; it usually varies from $40 to $60 per month, sometimes a little more or a little less, depending on how active I am or if I feel like playing a few games or sports betting.

I can afford to spend more; probably double or even triple my current budget wouldn't cause serious issues, apart from not being able to save as much, and I would probably have to resort to spending some of my signature earnings, which would set back my long-term investment.

Budgeting is essential; we need to set limits and boundaries and use our money wisely. Gambling is entertaining and all, but it can financially wreck you in no time if you're not careful.