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Author Topic: Difference between afford to lose and can't afford to lose.  (Read 544 times)
adultcrypto
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February 14, 2024, 10:39:16 PM
 #21

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 believe it is easy for any gambler to calculate what they can afford what they can afford to lose base on their financial level. It should not be hard because even when gambling, your heart will draw your attention to the risk you are taking, if it is much you will have the feeling and fear. It is normal for gamblers to ignore this notification that our body tells us when we are gambling with what we cannot afford to lose and some great gambler are able to master these feelings and are able to use it to control their gambling activities. On the other hand, addicted gamblers suppress these feelings and never knows when to stop even when the signs are there.

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Wexnident
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February 14, 2024, 10:48:41 PM
 #22

~
It doesn't even have to go to the point of depending someone, it just involves simple goddamn math. Look at your salary, look at your expenses, look at your savings, calculate for at least maybe 10+ years on what you want and where you want to be, and adjust as you see fit! The hard part i guess is that adjustments are done via your decision-making instead of any solid formula so I guess a lot of people are pretty lenient with themselves, but that's on you yourself in the end.

If you're at a point where you have to ask for loans to pay some stuff due to spending it all in gambling (or even spending said loan in gambling itself) then yea, you're an addict. No sane person would willingly go under debt really just because of gambling, or any hobby/activity related stuff.
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?
So you argue that whatever you borrow is something you cant afford to lose? Well I mean yea, outside of anything entertainment-related, as long as it's for something that you rely on to live, e.g. the basic needs of a human, then asking for a loan is sensible. Outside of that? Not worth it.

R


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February 14, 2024, 10:48:44 PM
 #23

It's all in the semantics and also dependent on the gambler including his/her risk flexibility. My key takeaway is that:

Quote
As long as losing the amount used for staking doesn't disrupt one's daily life activities or trigger mental or emotional issues, then the amount can be afforded to be lost.


Based on the above, even if you're earning and can recover the money (dependent on time period) but it poses risks to one's overall well being, then they're obviously betting with money they can afford to lose. Put simply, if you're not comfortable losing something but still put it on the line then you're betting more than you can afford to lose. There's no need to overcomplicate things like this when one should just learn risk management and design their own strategies on how to deal and mitigate losses as losses are bound to happen in this game.



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February 14, 2024, 10:59:50 PM
 #24

Edited out
Very well said mate,  you made a clear classification and examination and explanation of what dependent gambler means and what their state of gambling is and what differentiates what ops said on the first page and what his current replies pointed out.

But from this, we can see what an addicted gambler who also depends on others to gift him money to gamble with or how deep hisaddictions state is,  all this make-up for what it is with gambling and what risk we can afford to take a certain time.



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February 14, 2024, 11:10:08 PM
 #25

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.
Well, I am one of those people who would say that too.
We may have jobs but we also have bills and mortgages to pay so let's settle that first before we gamble. After that, we are using the money that we can afford to lose but it's still best if we will win so we can have an increased budget.
Here's the thing though, when we are gambling what we "can afford to lose" we tend to get careless with our bets which I don't think is a good idea. We must keep the importance of money and try to think that we are gambling an amount that we don't want to lose.
The losing streak in casino games is real, I've seen it many times and it can even take 3-4 days without hitting a good multiplier and the RTP could sometimes be a bitch that it won't come out until our wallets are drained.
Let's not be careless just because it's spare money, when we sum it all up in the long run it could be big and we might still get frustrated that we weren't able to just save it or have regrets that we gambled at a pace like we don't care about our bets.

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February 14, 2024, 11:50:10 PM
 #26

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 gambler who start to gamble means,he is ready to loss the funds on their game.But some gamblers start the game  with the motive of recovering their old losses in this game.The game in the gambling site will keep increasing if the gamblers who failed to tackle the game algorithm in the gambling site.But the gamblers who play serious game will loss due to emotional interference.



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 gambler who had regular job can able to play the game to recover the loss in next game.But playing continuously by depositing all the time alone not give you the profit.The game with the skills alone give you the good profit and avoid random betting with high capital.
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February 14, 2024, 11:55:15 PM
 #27

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.


If you don't have money to support your gambling habit, don't gamble. Maybe where else will you end up if you are forced to gamble even if you have no money. If your gambling bets are too much and you're having financial problems, it's called an addiction because you still insist on gambling even though you know your budget can't afford it.
Just gamble according to what you can afford to lose, set a budget so that the bets you make are not too much.

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February 15, 2024, 12:03:16 AM
 #28

Gambling what you cannot afford to lose may not be addiction. Addiction is characterized with dependence. So if I gamble today my entire month's salary and if I lose, I'd just borrow from my brother or parents, it isn't necessarily addiction. The following month or two, I won't be gambling anymore so that I can pay what I borrowed. This isn't addiction. Addiction is when you cannot control yourself from gambling. So even if you're drained of money, you borrow or you sell properties or you even resort to crimes just to support your vice.

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February 15, 2024, 12:20:29 AM
 #29

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.

Well, here when you say that the gambler is taking assistance to gamble, you mean to say that he is taking a loan to gamble because he does not have enough money to gamble. Doing gambling in this way is totally not recommended by most of the gamblers.

Other than this there are people who may take assistance in asking others to whom to bet and which game they should gamble and other tips & tricks, all these things come in a good sense and consultation should be done from near and dear ones.

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.

Having a job that pays well, does not mean that the gambler should put more money in gambling. I believe that even if you have a lot of money to gamble, why put it in gambling and risk it ? Better stick with small bets and this way you will never feel the burden on you on losing and you will enjoy gambling.

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February 15, 2024, 03:17:35 AM
 #30

I think the difference is pretty straightforward. If you are gambling money that is supposed to be spent on something else, that's money you cannot afford to lose. Or if you are gambling money that is not yours, that is also money you cannot afford to lose. That's very obvious.

Money you can afford to lose is simply money that is yours and not intended for other purposes. That means it is extra money.

But many people might confuse extra money with savings or money that isn't to be spent today but only in the near future. Those are money a gambler cannot afford to lose. A certain amount of savings is a must for everybody. And money that is intended for an expense 6 months from now is also not money for gambling.
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February 15, 2024, 03:54:20 AM
 #31

Well I don’t really know how best to say this but regardless of how you get the money for gambling, what truly matters is that we should only gamble with the amount we can afford to lose and this case simply means that we shouldn’t gamble with money that when lost, our lives will be affected negatively either directly or indirectly and as such any money that comes with regret after gambling away is regarded as the one we can’t afford to lose and the money that doesn’t really matter after losing is the one we can afford to lose, atleast this is one of the simplest breakdown for a lane man

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February 15, 2024, 03:59:20 AM
 #32

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 was about to say this as you don't gamble more than you can afford to lose only when you're gambling what you don't have. You can have it but still gamble more than you can afford to lose when you become very angry that you lost the money. Money that aren't very important is what we should be using to gamble so when we lose it, it won't affect our mindset and we won't want to gamble to regain our losses, we should gamble an amount we'll be comfortable of losing.

The difference between affordable to lose and can't afford to lose depends on what we're gambling about. Many individuals can't afford to lose a bet when they think they're not in a favourite position to win the jackpot but others know the possibilities and won't bet untill they're in a favourable positive to put in a bet. When the best is your favour, you will be winning without much effort like others.



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February 15, 2024, 04:59:52 AM
 #33

Every gambler must have an income and have money that is intended for betting, this is something that gamblers always do.
They work and they make money, in context like this gamblers will set aside or deliberately deduct some amount of money from their salary for fun and they will spend it all with great joy.
But there are also gamblers who set aside or deliberately deduct certain amount of money from their salary to be able to gamble and multiply and this is the wrong attitude or action because they will definitely only lose it all with great regret.

Gamblers who really have the aim of having fun will definitely use the money they have prepared to spend on their pleasure such as betting or playing in casino or gambling site.
They also don't really think about profits so that whatever the final result happens they will be able to accept it well, when it is lost they won't think about being able to recover it.

Obviously different from gamblers who are full of ambition or goal of making money or changing their lives from gambling, they gamble using extra money and often increase their bets.
But actually they cannot accept every loss and always try to recover by increasing capital, obviously this will not work because they will only experience bigger losses.
An example like this is gambler who cannot accept losing.

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February 15, 2024, 05:30:43 AM
 #34

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 mean I get your point there, its actually pretty easy you should not gamble, let's just say more than 10% of your earnings or your salary in your job that is I think the best way to do it, you could probably make it up to 40% if you want to risk it but for sure if you're going to put a high percentage of your salary just on gamble it would probably hurt for you and difficult to recover if you lose that money.

Saying only gamble what you can afford to lose just means to lower your risk of not putting so much money where you can't really afford your not be able to recover or probably take years for you to recover if you lose that money. Its just similar to investing on cryptocurrency its a risky thing to do don't put all of your money on it because its just too much of a risk, you could easily lose that if you lose a bet.

Can't afford to lose can also be money that is like a loan to someone which you can't really afford to lose that money since its a much higher risk and meaning your going to have negative money having loans.

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February 15, 2024, 05:31:37 AM
 #35

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.
Based on my understanding according to how the op explained the first definition I can say he is correct with that definition. If you can afford the money you want to use to gamble you won't be depending on someone else for it, and it's because the gambler couldn't afford it hence the dependence. If m dependent on somebody for something it then means that what am dependent is above my pay grade because I can't afford it on my own.

However, I agree with you that it's an attitude of addiction for a gambler to gamble with money that is beyond his salary or income as it can place him into debts that before his next salary arrives the next month it has already been spent prior to it's arrival and that's same thing as spending more than one can afford to lose.



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February 15, 2024, 06:05:08 AM
 #36

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 doesn't mean that we are having job we are able to afford losing our funds no it's not how gambling works. The only way we can afford to lose is to use extra money not the hard earned money we got from our jobs.



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February 15, 2024, 06:17:42 AM
 #37

Gambling what you cannot afford to lose may not be addiction. Addiction is characterized with dependence. So if I gamble today my entire month's salary and if I lose, I'd just borrow from my brother or parents, it isn't necessarily addiction. The following month or two, I won't be gambling anymore so that I can pay what I borrowed. This isn't addiction. Addiction is when you cannot control yourself from gambling. So even if you're drained of money, you borrow or you sell properties or you even resort to crimes just to support your vice.
I'm not sure if it's addiction or not; however, it wouldn't be very wise to bet your whole month's salary and practically go into debt, is it? That means that you have limited control over how much you should bet, and you're pretty reckless to spend your whole salary that way.

One thing is certain: no one likes losing money. Affording to lose money is quite a vague term. I can afford to bet high amounts on a monthly basis; however, I'd hate to lose large amounts recklessly on gambling. Thus, I'd say to bet whatever you're comfortable losing without being too upset, setting boundaries between what you can afford and what you're comfortable losing is essential. Just because you can doesn't mean you should.



R


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February 15, 2024, 06:33:37 AM
 #38

Gambling what you cannot afford to lose may not be addiction. Addiction is characterized with dependence. So if I gamble today my entire month's salary and if I lose, I'd just borrow from my brother or parents, it isn't necessarily addiction. The following month or two, I won't be gambling anymore so that I can pay what I borrowed. This isn't addiction. Addiction is when you cannot control yourself from gambling. So even if you're drained of money, you borrow or you sell properties or you even resort to crimes just to support your vice.
I'm not sure if it's addiction or not; however, it wouldn't be very wise to bet your whole month's salary and practically go into debt, is it? That means that you have limited control over how much you should bet, and you're pretty reckless to spend your whole salary that way.

One thing is certain: no one likes losing money. Affording to lose money is quite a vague term. I can afford to bet high amounts on a monthly basis; however, I'd hate to lose large amounts recklessly on gambling. Thus, I'd say to bet whatever you're comfortable losing without being too upset, setting boundaries between what you can afford and what you're comfortable losing is essential. Just because you can doesn't mean you should.



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.

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February 15, 2024, 06:41:29 AM
 #39

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.

R


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February 15, 2024, 06:42:36 AM
 #40

It's very important to know your limits, especially financially. Learn how to gamble responsibly by controlling self when gambling, don't ignore warning signs to avoid developing gambling problems.
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