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

[Saint-loup]

It has nothing to do with having a good paying job or not IMO, because if you spend large amounts and lose them, you won't be able to pay your rent, food, car, debts, loans and whatever. Usually the more you earn as a salary the more you spend for your daily life, and getting signifcant losses can impact you in the same way as poorer people at the end, because you can't change and reduce your way of life in one day.

[Casdinyard]

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 have kinda so-so examples perhaps due to your skewed concepts of gambling and "gambling what you can afford to lose" but these are okay I guess. The only thing that you have to keep in mind is that you don't go over your financial capacity when you gamble. And to find out whether you're gambling beyond your means you should ask yourself these questions before you place any bet:

• What do I gain from this?: Assess what's in it for you when you gamble. What are you really gambling for, how do you think you can sustainably gamble with that directive/purpose for gambling in mind.
• How capable am I of gambling?: Assess your financial capacity before you start to gamble and that also includes assessing how expensive the game of your choice is. Are you a low-income earner? Is the game/casino you want to play with a little over the board or economical, etc.
• How many games of this/these can I lose before I become broke? A good way to assess if gambling's really for you is checking just how much losses could you incur before you start thinking about cooking gruel for the whole month's meal plan. The lesser losses, the more you couldn't afford to gamble.

And lastly;

• Where am I getting the money to gamble?: Practically the most important question you should ask yourself before you even decide to gamble. Ask yourself if where you're getting the money to gamble. Are you getting it out of your paycheck? Are you still dependent upon your parent's allowances, etc.

Soon as you get sound answers to these questions, you yourself would be able to assess whether you deserve to gamble or not. No big rocket science bullshit.

[dezoel]

What you can afford to lose is the extra money, and what do you consider extra money? When you are earning money, you make a budget for each thing you need to do with your money. Put aside the money that you will use for overall monthly expenses, put aside the money that you will use for savings, put aside the money that you will save as emergency funds, and if you still have something left, that is what you can call extra money and you can afford to lose it although it's not necessary to do that.

If you are not saving money, have no emergency funds, and aren't even fulfilling all the requirements of your expenses and gambling with the money, that isn't money you can afford to lose even if you are earning it.

[Beparanf]

If you are not saving money, have no emergency funds, and aren't even fulfilling all the requirements of your expenses and gambling with the money, that isn't money you can afford to lose even if you are earning it.

I’m skeptical to agree on this opinion since I believe affording something means your life keeps going even if you lose that money. Affording something doesn’t mean you need to become fully prepared financially because it’s very hard to satisfy this criteria since our necessities increase base on our total income which means there’s always a time that you can cover everything using your salary.

It’s like affording an expensive dinner using your hard earned salary since it’s your goal for that month. it’s same on gambling, If you allocate some money on it then you can afford it as long as your life will continue normally even if you lose.

[maydna]

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.

Only gambling with enough money is advice that is always given to many people who gamble because only then can they understand that gambling is entertainment in their spare time and not for chasing wins. If they can become the first society, they can still live comfortably and normally as usual even if they gamble and lose because they can allocate a certain amount of money to gamble. Meanwhile, in other parts of society, some people gamble excessively, which makes them lose a lot of money and prevents them from continuing their lives easily. This is what has been happening in many communities where they think they can pin their hopes on gambling because they want to win.

[Su-asa]

Are you sure of what you are saying? You might be mistaken because there is no gain when you are risking more than what you can afford to risk even when you have a good paying job there is no need to risk your whole money when gambling. Risk are risky big or small risk they are the same as you can lose what you risked.
You don't have to depend on someone when ever you want to gamble because you can not afford to risk the money you where given, people get in touch with trouble because they don't have good understanding about what gamble is. People get a job so that they can progress and move forward to the next stages then gambling with all your money because you can afford them doesn't make any sense as you will not progress.

[Dewi Aries]

It has nothing to do with having a good paying job or not IMO, because if you spend large amounts and lose them, you won't be able to pay your rent, food and whatever

Yes and from the beginning I also really couldn't think about the link between the responsibility aspect of gambling and employment or funds provided by others, however and simply put if whatever money you use to gamble whether it's your own money or money from loans if you are basically unable to accept the fact of losing at the end of the session then obviously that means you are not a responsible gambler.

On the other hand the way to see if someone is responsible or able to accept the fact of losing or not is that you can see from the emotions that they will release when they lose and not determine from whether they have a job (their own income) or not, and even if they have a job it does not mean that they are not responsible and I think it is clear that the OP cannot conclude that gamblers who have jobs then they will put high amounts that cannot afford to lose, so the point for this problem really has nothing to do with work because it is more about the amount of allocation on gambling that will determine whether you are able or not to take responsibility for it.

[darkangel11]

You're making up definitions, OP.
It's easy to say whether you can or cannot afford to lose something. The main question is if the money is vital to your, or your family's survival. If losing the money means you won't have anything to eat or you won't pay your electricity bill and sit in the dark, you definitely cannot afford to lose that money. It's not about depending on others but jeopardizing your well being. If you hold someone else's money and gamble with it, when you know that if you lose it, you'll also lose that of that person, you also cannot afford to lose that money.
Sometimes it can feel like the distinction is complicated but it's not, you just have to think about it for a second and you'll be able to tell.

[LFC_Bitcoin]

Any responsible adult should know the difference between what they can and can’t afford to lose when gambling. It isn’t difficult to set a budget, I understand some people can go too far but you have to have conviction in managing your own gambling risk.

Most reputable casinos and sportsbooks promote responsible gambling but really, you have to take control yourself. You can not blame anybody else for your gambling failures

[Jaycoinz]

Any responsible adult should know the difference between what they can and can’t afford to lose when gambling. It isn’t difficult to set a budget, I understand some people can go too far but you have to have conviction in managing your own gambling risk.

Most reputable casinos and sportsbooks promote responsible gambling but really, you have to take control yourself. You can not blame anybody else for your gambling failures

It's actually a default settings in the minds of most humans to mismanage funds and that's why majority of gamblers fall into this category. Planning and managing your funds is a responsibility that only you do and failure to do so is solely dependent on your management skills.
Most people lack discipline and that's the result to all the blame on their gambling failure, the key to all this is to have a strong and discipline mind to keep up with your decisions to avoid any unnecessary regrets.

[btc_angela]

It has nothing to do with having a good paying job or not IMO, because if you spend large amounts and lose them, you won't be able to pay your rent, food and whatever

Perhaps it was the extra money that he can have because of that huge paying job. Nevertheless, it will not be enough though, this is gambling, we risk almost everything here and we don't know what will be the outcome. Even that high paying job is a risk as well because you really don't know that the next day, you are going to be fired.

This happens to me, I thought that I'm stable for a good job and so I gamble every pay day until the clients pull out and our company when on to lay off to cut budget including me. So it's the point here is that we could gamble and think that we can afford to lose that money, but you will never know what's going to happen to you next.

[Onyeeze]

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.

I know from my own understanding in gambling that gambling with the a huge amount of money can make you not to accomplish your objectives or your project, so what I want us to understand the concerning dumbling is that it is a something that we supposed to know particular amount of money that they can be fixed weekly or monthly for gambling so that it will not affect your salary or affect any of your project that you are having with your salary, many people misunderstand the concept of gambling that is why they do involve all their monthly earning gambling

[Westinhome]

Only gambling with enough money is advice that is always given to many people who gamble because only then can they understand that gambling is entertainment in their spare time and not for chasing wins. If they can become the first society, they can still live comfortably and normally as usual even if they gamble and lose because they can allocate a certain amount of money to gamble. Meanwhile, in other parts of society, some people gamble excessively, which makes them lose a lot of money and prevents them from continuing their lives easily. This is what has been happening in many communities where they think they can pin their hopes on gambling because they want to win.

The gambler who get understand the gambling as created for the entertainment will play the gambling without the emotion.But the current market was totally different one,many gamblers want to make money from the gambling site by make use of their analytical skills.The casino games was mostly based on the predictions of the betting game,if the gamblers had made the correct betting it will help the gamblers to multiple their capital to 2x,3x,4x and 6x based on the betting option in that casino game.If the gamblers take risk in the 6x betting of the game in gambling site means the gamblers can multiple their deposit money in the short duration.

[Docnaster]

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.

I know from my own understanding in gambling that gambling with the a huge amount of money can make you not to accomplish your objectives or your project, so what I want us to understand the concerning dumbling is that it is a something that we supposed to know particular amount of money that they can be fixed weekly or monthly for gambling so that it will not affect your salary or affect any of your project that you are having with your salary, many people misunderstand the concept of gambling that is why they do involve all their monthly earning gambling

I've seen different opinions and suggestions concerning the topic of discussion and most of the definitions and explanations I think are absolutely correct but slightly ambiguous for a layman's understanding and that's why I want to chip in my own suggestion concerning the issue of discussion.
When a gambler is using money that's other than his disposable income, he's simply gambling above what he can afford to lose. Disposable income as we all know is that money that comes out when every expenses and necessary savings are made. So gambling with any money other than disposable income isn't good for a gambler

[goinmerry]

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.

There's no exact figure of what amount we afford to lose. Even if we set an amount, we will always try to breach it.

What we need to practice is, being responsible at all times regardless of the amount we are currently staking it.

In other words, learn how to take a break in gambling, or else, something worst will happened instead.

[Jaycoinz]

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.

There's no exact figure of what amount we afford to lose. Even if we set an amount, we will always try to breach it.

What we need to practice is, being responsible at all times regardless of the amount we are currently staking it.

In other words, learn how to take a break in gambling, or else, something worst will happened instead.

Yeah that's true because it takes only a split second to actually change your mind to either fund your account to bet because they are times when we even break that fixed amount but if you are mentality and emotional stable to your decision then it won't be any problem at all for you to help yourself because compulsive reasoning to wether to continue with gambling when funds is exhausted is definitely unhealthy and can definitely destroy many things for you.

[Baofeng]

Any responsible adult should know the difference between what they can and can’t afford to lose when gambling. It isn’t difficult to set a budget, I understand some people can go too far but you have to have conviction in managing your own gambling risk.

Most reputable casinos and sportsbooks promote responsible gambling but really, you have to take control yourself. You can not blame anybody else for your gambling failures

Yes, that is true, casino's promoted "responsible gambling", but it is still up to us as a adult on how to control our gambling activity. Well you can set aside money and says that you can play and afford to lose that one.

But still there could be moments that you become out of control. One of the things that I learn throughout my gambling is that it's based on emotions. So if you can't control this emotions, then even with a budget, you can still go overboard and lose everything.

[Quidat]

It has nothing to do with having a good paying job or not IMO, because if you spend large amounts and lose them, you won't be able to pay your rent, food, car, debts, loans and whatever. Usually the more you earn as a salary the more you spend for your daily life, and getting signifcant losses can impact you in the same way as poorer people at the end, because you can't change and reduce your way of life in one day.

One of the biggest mistake of us people on which on the time that we are making some upgrades with our earning is that our lifestyle do also step up. On the time that we've been doing gambling
then pretty sure it would really be stepping up too and on the time that both things do goes into the same path then you would really be still ending up on having no money in the end of the line
on which it would really be just that a common result into those people who arent having those kind of plans about their future and really just that minding on the current conditions or situations that
 they are in and they would really be just making those adjustments when the damage has already been done.

[Onyeeze]

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.

I know from my own understanding in gambling that gambling with the a huge amount of money can make you not to accomplish your objectives or your project, so what I want us to understand the concerning dumbling is that it is a something that we supposed to know particular amount of money that they can be fixed weekly or monthly for gambling so that it will not affect your salary or affect any of your project that you are having with your salary, many people misunderstand the concept of gambling that is why they do involve all their monthly earning gambling

I've seen different opinions and suggestions concerning the topic of discussion and most of the definitions and explanations I think are absolutely correct but slightly ambiguous for a layman's understanding and that's why I want to chip in my own suggestion concerning the issue of discussion.
When a gambler is using money that's other than his disposable income, he's simply gambling above what he can afford to lose. Disposable income as we all know is that money that comes out when every expenses and necessary savings are made. So gambling with any money other than disposable income isn't good for a gambler

in gambling you are meant to gamble with what is generate what you receive as weekly and monthly income, you are not supposed to use another person's income to gamble or to depend on someone's money in order to gamble for me it is quite bad for someone who is a gambler to be depending on someone's income in other to gamble knowing that gambling is a game of risk and it has to do with profit making and loss making so when you use someone's money to gamble, you might end up of losing whatever thing you use to stake in your gambling, so I know very well that gambling have to deal with advantages and disadvantages so you have to use your own personal money to gamble not to depend on someone's money

[angrybirdy]

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.

That's what I notice at first too and for me, even if you have a job or business that gives you a large income and then you just use it to gamble with no certainty of winning, it seems like you are just wasting the money you worked hard for, which is not what you should be. We really need strong decision-making and self-control, especially if you enter the world of gambling, you need to be able to separate your time and attention from your career and vice. You can't combine them because both can be lost.