Gamble with what you can afford to lose can actually make a good investment

[rachael9385]

If not because I am here I don know about people that are gambling for fun. sometimes I think if those people who bet for fun have more than enough money, but truth be told that they have and even if it's not up to more than enough, they have a standard savings, so they also have what they can afford to lose. However, it's true to save the amount you gamble but everyone are looking for more ways to make more money that's reason some gamblers are looking forward to gamble,, meanwhile gambling is not a good means of making money or profit making.

[Doell]

Actually, we are already in the right place because before gambling we must be buy first several leading cryptocurrencies, especially Bitcoin right? after that we can have fun in gambling, with few satoshis we have earned. We can do both them, investing and gambling. But it must be with strict management, we can't risk everything in gambling. Like betting an amount you can afford to lose, I think it's the right plan. But indeed, on the other side I agree we should push those who are addicted in gambling if they keep losing then is not good for them.

[Rruchi man]

Put this in places that if you keep those money into investment do you know how much you would gain by the end of the month or year without even you making such profits while gambling but yet we kept preaching the word "gamble with what you can afford to lose" why not some people use that same money to go into bitcoin investment or any other investment that could help their lives rather than wasting them into gambling and even secure a better winning themselves.

As you live through life you have to try and smell the roses and not to become too conscious about making money that you forget to have fun. Gambling is for fun and investing is good, while you are trying to invest, try to have some fun too and do not be too conscious about loosing some little amount of money. This is what gambling with what you can afford to loose means, it does not mean you should not have an investments while gambling, just that you should be conscious not to gamble too much that you start using what should be meant for investment for gambling.

[gabbie2010]

Does this really make sense, sometimes I have to reason twice and come to think about something very important which we don't always pay heed to because we always believe that when spending about $1 to $4 is something we can afford to lose right but, it may surprised you if you Sum all this little dollars into investment and savings you (we) would probably make a good investment and savings at the process reducing our gambling rates and lost.

Let us discussed to if this can save someone from gambling addiction.

You assume that adding $1 or $4 would amount to big sum of money, of course do you know that there are gamblers who earned some decent money by  consistently winning their bets especially soccer gamblers with as little as staking $1 or less  with 2.0 to 3.0 odds to me that is amount they can afford to lose and summing all those wins amount to some decent sum of money and I don't expect an experience gambler to encounter streak of losses of their bettings and add up to $100 without taking a break that is impossible except an addicted gambler and it obvious gamblers are making decent money that is why gamblers are increasing in number.

[Mahanton]

Does this really make sense, sometimes I have to reason twice and come to think about something very important which we don't always pay heed to because we always believe that when spending about $1 to $4 is something we can afford to lose right but, it may surprised you if you Sum all this little dollars into investment and savings you (we) would probably make a good investment and savings at the process reducing our gambling rates and lost.

Let us discussed to if this can save someone from gambling addiction.

You assume that adding $1 or $4 would amount to big sum of money, of course do you know that there are gamblers who earned some decent money by  consistently winning their bets especially soccer gamblers with as little as staking $1 or less  with 2.0 to 3.0 odds to me that is amount they can afford to lose and summing all those wins amount to some decent sum of money and I don't expect an experience gambler to encounter streak of losses of their bettings and add up to $100 without taking a break that is impossible except an addicted gambler and it obvious gamblers are making decent money that is why gamblers are increasing in number.

For sure they would really be thinking about those probability rather than on putting it on investment on throwing up some bucks or $5 at least. Well it isnt really that bad to consider but its true that in gambling which 2x or 3x hit on a particular bet could be possible and you wont really be needing up to wait up for too long before you could see the results.   I agree on what you have said on which this is the main reason on why there are really tons of gamblers who do really have considered out doing gambling because of that kind of set up on which they could really be making use of those small funds to win up something that a few multipliers
without needing to wait up for a couple of years before they could see it going x2 or x3 on which we know that this is where investment do usually play out.

Its up to someones choice honestly whether he would really be focusing that much to investment or would really be that giving priority when it comes to gambling.
We do have our own decisions in life imho.

[Juse14]

Most people like instant things. By investing, yes, if we are skilled enough in this field then we will be able to make a profit, but this requires a fairly long process and in-depth knowledge and abilities. Meanwhile, for some of those who join the world of gambling, they gamble for the reason of making a profit and multiplying their wealth. and those who gamble for that reason, are actually lazy people who hope for instant big profits from the gambling they do.

and the amount of winnings that they have obtained from the gambling they do, this really motivates them, that it is so easy to make a profit, which without them realizing that gradually the gambling activities they do only lead to a loss.

[DaNNy001]

Because someone is gambling, does not mean the person is not investing. If truly you are gambling with what you can afford to lose, you will have savings and also plan your future. But the problem is when you are gambling with what you can not afford to lose. And that is the addiction that people are talking about if frequent.

If someone sees that he is not able to control himself or herself while gambling and if gambling is taking too much from the person, the person should stop gambling. The money that should be spent on gambling should be peanuts money.

The person should stop, but everyone knows its not that easy bro, gambling can really get to you and change your entire mentality of gaming because you will always have one stupid thought on head about a massive win or about funds that you have actually lost before. I know of many persons who were actually good with their money until they met gambling and it changed their lives because they actually failed to the act and they let the habit get to their head and lost their patience because that's what gambling can do to you. It controls your thoughts and make you lose it so you think everything is actually okay but in reality you are totally fucked up and only a few persons actually admit to it.

[asyakashi]

sometimes it's not just investment, why do people say they gamble with what they can lose, because some gamblers are addicted so gambling becomes an active activity, this is not about investment but spending a little money for personal enjoyment

[CryptSafe]

Because someone is gambling, does not mean the person is not investing. If truly you are gambling with what you can afford to lose, you will have savings and also plan your future. But the problem is when you are gambling with what you can not afford to lose. And that is the addiction that people are talking about if frequent.

If someone sees that he is not able to control himself or herself while gambling and if gambling is taking too much from the person, the person should stop gambling. The money that should be spent on gambling should be peanuts money.

Of a truth, before one can be able to make a budget for gambling, then that one is up and doing to sustain themselves. As it is that gambling is just for fun, one can do a  gamble as much as they want since it does not avoid their budget and they can afford investment in other aspects of the economy to make profit.
I was looking at what op meant in the sense that the budget used for gambling if compiled together would be enough to have invested into other business that could generate huge amount of money for the gambler rather than using it for gambling and losing it everyday.
However, if one can as well do it this way by saving the same amount one uses for gambling and also gambling and see how much they spend gambling in a whole year compared to what they could or would have used that same amount to do in a year. This is just like one doing a comparative advantage in both ways to see what they could achieve within the period of time either ways.

[Rockstarguy]

Because someone is gambling, does not mean the person is not investing. If truly you are gambling with what you can afford to lose, you will have savings and also plan your future. But the problem is when you are gambling with what you can not afford to lose. And that is the addiction that people are talking about if frequent.

If someone sees that he is not able to control himself or herself while gambling and if gambling is taking too much from the person, the person should stop gambling. The money that should be spent on gambling should be peanuts money.

Yes you are right mate. One who plays with the amount that he can afford to lose will be sensible to have an investment. If you   check people that plays gambling uncontrollable and who are addicted to gambling it is  very difficult for them to make other investments than playing gambling, they do not mind in investing all the money they have in playing gambling.

I don't think one needs to stop playing gambling because their other investment money can be made, and if one is able to understand to play with amount that one can afford to lose it is a good sign of a responsible gambler that understand how money should be spent and not just un gambling.

[Jody.Drummer]

I would just say that not everyone (gamblers) can afford to wait that long as investors involved in the world of investment do, actually I think the reason is obvious that one of the reasons they prefer to gamble is because they want "instant" results and there are even some gamblers who assume and think that gambling is a place to turn into a rich man quickly, but in the end you will find other facts during your journey and it is contrary to your goals, which instead of earning but what happens is losing money slowly but not all gamblers are aware of this.

On the other hand you suggest a good point here and maybe there are some people who will change their habits by switching to allocating their gambling budget into the world of investment, but we cannot close our eyes that there will still be people who want something instantly and one of them is in the world of gambling where you don't have to wait for days or months to get a profit like what happens in the world of investment, and the point is that the word "instant" is the reason most gamblers stay there even though gambling is not a place to earn.

[Dr.Bitcoin_Strange]

Put this in places that if you keep those money into investment do you know how much you would gain by the end of the month or year without even you making such profits while gambling but yet we kept preaching the word "gamble with what you can afford to lose" why not some people use that same money to go into bitcoin investment or any other investment that could help their lives rather than wasting them into gambling and even secure a better winning themselves.

Does this really make sense, sometimes I have to reason twice and come to think about something very important which we don't always pay heed to because we always believe that when spending about $1 to $4 is something we can afford to lose right but, it may surprised you if you Sum all this little dollars into investment and savings you (we) would probably make a good investment and savings at the process reducing our gambling rates and lost.

Your thoughts are right about stacking up the money lost in gambling, but I hope you are aware that real gamblers  cannot make such a sacrifice. Any gambler who really loves gambling cannot let anything interfere with their gambling lifestyle. It could be possible for you to do it, but not for all. There was a topic in the past; I can't remember the title very well, but I think it's "What can get you to stop gambling?" On that topic, so many members were very expressive to say that they could not leave gambling for anything else, which means that no matter what the circumstances, many people would still keep on gambling.

There are people who are very wealthy; some of them are into gambling, and they usually gamble off a huge amount of money occasionally. Some of them don't even feel very bad about losing such an amount of money. You might think they lost a huge amount, but to them, they did not even lose up to 1% of their annual income.

Before some people decide to gamble and have fun, they might have already made other huge investments that you don't know about. Not everyone is gambling without an investment or a significant source of income that can allow them to invest if they want.

[hedgeh0g]

Investments involve a long waiting time even if everything turns out well for us. But there is another side, when we waited for several years in investments, and then, due to emotions, we left the shares due to a sudden crisis or something like that. Also, many are simply illiterate in the financial sector to afford to plunge into investing and simply do not want to get involved with it. In general, there are many factors. Many people come to gambling not to think about anything, this is their little world in which they can bet on any events or their favorite team. Of course, I’m not saying that investing could bring more benefits and some, of course, should start studying it, but the player must have at least a minimal desire and craving for this matter, otherwise he will play like this without even knowing what investing is.

As for me, I’m trying to develop in both areas and I like it, although gambling still looks more expensive.

[Mr.suevie]

Most people like instant things. By investing, yes, if we are skilled enough in this field then we will be able to make a profit, but this requires a fairly long process and in-depth knowledge and abilities. Meanwhile, for some of those who join the world of gambling, they gamble for the reason of making a profit and multiplying their wealth. and those who gamble for that reason, are actually lazy people who hope for instant big profits from the gambling they do.

and the amount of winnings that they have obtained from the gambling they do, this really motivates them, that it is so easy to make a profit, which without them realizing that gradually the gambling activities they do only lead to a loss.

Thats just the simple truth to why most persons prefer gambling over investment. Many humans lack the patience and perseverance that's follows an investment and that's why many still resort to the quick process that gives them little return with high probability of loses. There's is also the case of trading their coins for the little profits too but majority prefer gambling because it's quick and promises high return but which obviously is a mirage that many fail to understand.

[alastantiger]

People are free to have more than one interests - in gambling and in investments, in gambling and in academics. We can do both or more of them and do them perfectly well. Everyone has a guilty pleasure and when you indulge yourself in such guilty pleasure, do you say that you should have rather put this money into an investments rather this guilty pleasure? I doubt. The botton line is this , be disciplined, stay focused.

You can even use gambling as the means to an end. If you have business deal and your partner gambles, you take them ti the casino and while the game is one, you could close the deal there.

[LUCKMCFLY]

That's very common on my part, in fact it doesn't come to gamling, that's what I learned in trading, why? Well, many times I put a lot of Money in the bag and lost it, so what did I do? I left one part in bitcoin and the other part I put in the trading , it doesn't matter if I lose that part Because I have the other in bitcoin and that for me would be viable, because in trading the movements are very abrupt and unresponsive everything, and yes, then in the game it was something similar, only in gambling, well there is nothing to invest in, but then I said to myself, yes, I know you have to lose in the casino, it's something I accept it , because of the whole house advantage thing or something like that.

But we are people who are Sometimes very given to leisure, let's see what happens ? or wonder if I do this or that what would happen? These types of things are what we ask ourselves, so I came to the conclusion that this strategy of putting only a Small part of my money, not a part that is large, just something, like what is enough to buy a hamburger or something Like this, or what is used to play 1 hour on PS5, well that's for Gambling to see what happens, and come to the conclusion that what would happen if someone who was in danger of addiction Did this? If you apply this strategy, repeating clearly that if you lose that money then you don't deposit more , but in Another playing session , which would be Another day, or a week, I dont´n know, when the Person can play , then for me it is a method of Brake to Stop Spending so much money.

But the way you see it is correct, the same happens with the people who play in raffles, in lotteries, it is little money but when it is put together and added up what is earned per year is enough.

[Yogee]

Not put in an investment vehicle but I often hear a similar argument used on chain smokers. The amount they could save up for not buying a pack of cigarettes is quite a decent amount when compounded for a year. Those financial gurus say the same thing too when giving suggestions on cutting expenses like fun and leisure.

[SatoPrincess]

With all humanity, I have came across several topics and thread that speaks about gambling with what we can afford to lose, sometimes this kept me wondering and pondering why this words "Gamble with what we can afford to lose" is always common. Okay let me digress from that, and come to think of this you will see people gambling with at least $1 to $100 or even more this is dependent of what anyone can risk right? Yes!

Put this in places that if you keep those money into investment do you know how much you would gain by the end of the month or year without even you making such profits while gambling but yet we kept preaching the word "gamble with what you can afford to lose" why not some people use that same money to go into bitcoin investment or any other investment that could help their lives rather than wasting them into gambling and even secure a better winning themselves.

Does this really make sense, sometimes I have to reason twice and come to think about something very important which we don't always pay heed to because we always believe that when spending about $1 to $4 is something we can afford to lose right but, it may surprised you if you Sum all this little dollars into investment and savings you (we) would probably make a good investment and savings at the process reducing our gambling rates and lost.

Let us discussed to if this can save someone from gambling addiction.

First, gambling should be for recreational purpose only, hoping to become a millionaire from gambling will only land you in debt. Gambling and Investments are two different things. People gamble for fun, if you spend your time saving every penny you make to invest in bitcoin or some other investment, how will you have any fun? I guess you won’t go to the movies or go on dates because for you every dollar is worth sats.

[Natsuu]

InsSo youre saying that onsteaf of just throwing money into gambling, the whole gamble with what you can afford to lose thing, why not consider putting those bucks into something smarter? Like stash it in investments or savings. Makes a point, But gambling and investments arent  mutually exclusive. You can enjoy both. Just have to keep it real and not go all-in with what you can't afford to lose whether it's at the casino or in the stock market

[agustina2]

Doing a throwback of how much we have lost already since we started gambling is a ridiculous idea. Much worse if it doesn't end in just a simple throwback but literally counting all the money lost throughout the entire gambling activity. It doesn't help nor will give benefit gamblers to move forward.

To make a simple context on what OP is saying, my point of view is, that once a gambler finally realizes that in the long time of doing gambling, nothing good happened but just a usual and common losing day for a long streak already, it's time now to make a change and consider using the money on a much valuable things, and that's where the word investment will enter the scene. From there, if the gambler is serious about changing their habit of gambling, they will slowly ignore the temptation of doing it and will now focus on new things to do that make sense and worth their time.