Outcomes of insighting gambling for a source of income.

[bangjoe]

The other guy told him not to stop trying that it is sometimes like that and so is the nature of the business.
I knew they were up to gambling discussion but they never wanted me to know about it.

Definitely it is the nature of the business. No matter the losses gamblers never quit they always have the assurance that they would win and that losing is something that must surely happen along the line. So it doesnt hurt them as long as they will also win massively. Also it depends on the amount the gambler use to gamble. If it is something big then he has to reduce the weight of it. I cant find it interesting when a gambler continue losing with huge sum of money expecting that when he wins it will be a very huge sum of money. Sometimes, when you calculate the cumulative loses and then compare it with his wins. It may end up that he had acquired more loss.

hahahah and what often makes me laugh is that their guarantee is their own hope so it's not from data or research that gamblers will get huge profits and can change their lives 180 degrees easily like turning their hands.
The false hopes that can make gamblers come back again and again to lose their money if what they are aiming for is victory, I can believe in a sentence, gambling is considered a place of entertainment by those who are rich, and is considered a place to earn income by those who are poor, so if there are people who really want make a money in gambling, it is certain that they are financially and knowledgeably poor.

[PytagoraZ]

The false hopes that can make gamblers come back again and again to lose their money if what they are aiming for is victory, I can believe in a sentence, gambling is considered a place of entertainment by those who are rich, and is considered a place to earn income by those who are poor, so if there are people who really want make a money in gambling, it is certain that they are financially and knowledgeably poor.

Hope is one of the selling points of gambling, even if it is just false hope. So that gamblers don't give up even though they lose many times, gamblers will think "who knows maybe today I'm lucky" "who knows maybe I'll get the jackpot".

When they lose again, they will regret it and think they will not gamble again because they have already spent a lot of money. But if they have more money "let's try again, it's impossible to keep losing, this time we will definitely win". If they get a small win then they will continue gambling until they lose again, this cycle will continue over and over again.

[Oilacris]

The false hopes that can make gamblers come back again and again to lose their money if what they are aiming for is victory, I can believe in a sentence, gambling is considered a place of entertainment by those who are rich, and is considered a place to earn income by those who are poor, so if there are people who really want make a money in gambling, it is certain that they are financially and knowledgeably poor.

Hope is one of the selling points of gambling, even if it is just false hope. So that gamblers don't give up even though they lose many times, gamblers will think "who knows maybe today I'm lucky" "who knows maybe I'll get the jackpot".

When they lose again, they will regret it and think they will not gamble again because they have already spent a lot of money. But if they have more money "let's try again, it's impossible to keep losing, this time we will definitely win". If they get a small win then they will continue gambling until they lose again, this cycle will continue over and over again.

Hopes and anticipations and being too positive or optimistic about becoming rich or could solve out money problems via gambling is something that really fuels someones hopes that they would really be able to make money with it or possibly be able to make winnings and when reality slap out into their faces then this is where things becomes messy and this is something that we should really be
realizing on the first hand. When you do have that kind of source of income intent then you would really be ending up yourself that kind of huge problem because despite of the extreme loses
do you have, you would really be still that making yourself do play further more until they would be busting up.

[Asuspawer09]

Gambling surely destroys his thinking already, I mean after losing a business he's already thinking of gambling and thinking that he might win just to expand his business without even thinking about the risk of it.

Its surely not that easy to recover from the loss of a business for sure it was a decent amount of money that is lost just because of gambling, he just got the wrong mindset thinking of a possible shortcut on how he could earn a huge amount of money in just a short amount of time which is risky and wrong when starting a business, yet alone involving gambling on starting a business that doesnt really going to make any sense. You could totally start a good business with 1000$ but it just gonna take a lot of effort as long as you are not lazy and doing the work there is a very low chance that your business is gonna fail for sure, but this guy is already thinking of gambling that just means that is wanted to take a shortcut and risk everything again, it just not going to work.

[Gheka]

Gambling surely destroys his thinking already, I mean after losing a business he's already thinking of gambling and thinking that he might win just to expand his business without even thinking about the risk of it.

Its surely not that easy to recover from the loss of a business for sure it was a decent amount of money that is lost just because of gambling, he just got the wrong mindset thinking of a possible shortcut on how he could earn a huge amount of money in just a short amount of time which is risky and wrong when starting a business, yet alone involving gambling on starting a business that doesnt really going to make any sense. You could totally start a good business with 1000$ but it just gonna take a lot of effort as long as you are not lazy and doing the work there is a very low chance that your business is gonna fail for sure, but this guy is already thinking of gambling that just means that is wanted to take a shortcut and risk everything again, it just not going to work.

Gambling has a lot of glamor attached to it as well as a scent that attracts most of the people who are desperate for financial gain, exactly as many people imply, the shortest path with the least amount of effort and time, even turning around a situation that cannot be solved by ordinary efforts but sadly, that's just the ideal image molded from the participants. This is originally a forest for those who are lost, searching deeply only to be hit with indistinguishable illusions, paralyzing a correct perception, it's not a place to restore, it's a place to rot

[CODE200]

The mistake is to think that gambling is a sure thing to pursue as a money maker. I don't know how much more money he has to sacrifice just to raise capital and then start a business in another field.
The most sensible solution is to find a number of investors to finance your friend's business, but there must be a portfolio of businesses that he has successfully run so that investors will be happy to help him.
Hopefully that way your friend can develop better, and the most important thing is to stop gambling using money and important assets.

That's not how they see it, the real mistake is from the fact that they're seeing gambling as a way to multiply their money and that they don't see anything wrong with it despite the inherent risks that are accompanying gambling ever since, I do feel like the reason that people are still considering this kind of thing as a way to make themselves some steady income is because they're too lazy or they just don't like working their bones doing something that actually contributes to the society and to themselves, that's probably a really sad thing if you ask me, they don't like the idea of working for someone but they will gladly lose their money to another individual because they think that they can win money from them and this people still think that the risk is fair when it's not in the first place. To everyone that's considering to do this, make sure that you don't got a family to feed because gambling to make a steady income is a disaster waiting to happen.

[bangjoe]

The false hopes that can make gamblers come back again and again to lose their money if what they are aiming for is victory, I can believe in a sentence, gambling is considered a place of entertainment by those who are rich, and is considered a place to earn income by those who are poor, so if there are people who really want make a money in gambling, it is certain that they are financially and knowledgeably poor.

Hope is one of the selling points of gambling, even if it is just false hope. So that gamblers don't give up even though they lose many times, gamblers will think "who knows maybe today I'm lucky" "who knows maybe I'll get the jackpot".

When they lose again, they will regret it and think they will not gamble again because they have already spent a lot of money. But if they have more money "let's try again, it's impossible to keep losing, this time we will definitely win". If they get a small win then they will continue gambling until they lose again, this cycle will continue over and over again.

Hopes and anticipations and being too positive or optimistic about becoming rich or could solve out money problems via gambling is something that really fuels someones hopes that they would really be able to make money with it or possibly be able to make winnings and when reality slap out into their faces then this is where things becomes messy and this is something that we should really be
realizing on the first hand. When you do have that kind of source of income intent then you would really be ending up yourself that kind of huge problem because despite of the extreme loses
do you have, you would really be still that making yourself do play further more until they would be busting up.

And even worse we can't stop that kind of repetitive logic to ourselves and even to those closest to us who are in a position like that, I myself have experienced that kind of thing but I am quite grateful that I can change and not until everything is lost from what I have achieved in this world.

They think they will get rich quickly or at least have the capital to start a business from gambling with small capital but they mistakenly think that gambling can do it, in fact it is just a hope and you will regret it, it's that simple to destroy a fool and the casino takes away his wealth.

[lienfaye]

So I caught my friend up having gambling as a source of making incomes.

A situation that is not really unusual. The possibility of gaining money is the main reason on why new/old gamblers are tempted to use their money in gambling. Then, if the outcome is not what they expected it to be, that's the moment they realized their mistakes.

Just in, he is on medical attention after he slumped as a result of loosing a borrowed fund meant for a business re-startup after the gamble made him squandered his previous business.
At his regained to a normal state of health, he explained that he thought he would be lucky to win at the stake so as he could expand his intended business with a bigger capital.

There's nothing wrong if we try our luck in gambling. However, it is wrong to have a high expectation to win and worse if the funds you use are a borrowed money. A greedy gambler will likely end up like this. Sometimes you have to experience it yourself before learning a lesson. But of course much better to become aware of the worse case scenario before trying to use your money in gambling. Don't gamble hoping you can double your money in snap because that's not often the case.

[bluebit25]

It can bring income and a large job system to many people but I think it is not a way to make money from gambling. But the house is the one who can do that and they exploit the players, and turn the players into money making tools. From the player's perspective, I have not seen many people who can claim that it is a job that generates income for them. The few people who can do that (very few).
And accepting that it is a way for us to satisfy our needs (of relaxation), gambling can be a serious problem, but with care and support from friends and family, gambling can be a serious problem. Your family and friends can get through it. Be patient and accompany him during the detoxification process and guide him to more positive activities.

[Gormicsta]

There's nothing wrong if we try our luck in gambling. However, it is wrong to have a high expectation to win and worse if the funds you use are a borrowed money. A greedy gambler will likely end up like this. Sometimes you have to experience it yourself before learning a lesson. But of course much better to become aware of the worse case scenario before trying to use your money in gambling. Don't gamble hoping you can double your money in snap because that's not often the case.

I believe there are a few things one may take to approach gambling in a responsible manner. First and foremost, it's critical to establish boundaries for yourself regarding the amount of money and time you're ready to spend playing. It's also important to have a clear understanding of your motivation for gambling: are you doing it for fun or to reach a certain financial goal? Lastly, it's important to be aware of the warning signs of addiction and to know when to give up if you start to feel like you're losing control.

[Pi-network314159]

Sometimes I wounder what people think gambling is. Gambling is not a business, it is just a game to try luck or some people may say gambling is for fun. Gambling should not be a top priority of making a fortune but a way of just trying luck which does not need to spend a lot of money on it but spending less amount which you can afford to lose. The $1000 is not a small amount of money in my country. That money can start a small scale business that can be yielding you money on a frequent basis.

[len01]

So I caught my friend up having gambling as a source of making incomes.
Few days ago, I went to my friends place and met him with a strange face to me, so sudden their language changed in a way I wouldn't understand. The both were talking about hustles which the other guy ask my friend that Are you not running the other hustle anymore"? So my friend replied"I do but I have lost a lot this time just after I made my last cashout" which he analysed different values and occasions he had won. The other guy told him not to stop trying that it is sometimes like that and so is the nature of the business.
I knew they were up to gambling discussion but they never wanted me to know about it.
I never see gambling as a bad activity unless you gives yourself up to it in controlling your emotions. So I think these two guys knew they were at the wrong side of it that is why they never wanted me to know they were into gambling.
Just in, he is on medical attention after he slumped as a result of loosing a borrowed fund meant for a business re-startup after the gamble made him squandered his previous business.
At his regained to a normal state of health, he explained that he thought he would be lucky to win at the stake so as he could expand his intended business with a bigger capital.
At a point I don't see any business oriented ideal in this Friend because $1,000 ls good enough for a start of lucrative businesses.

your friend seems to have the wrong mindset in understanding how gambling works and engaging in excessive gambling activities causes him to experience big losses when the money he was going to use to open a business ends up being lost in gambling.
It is very clear that gambling is only about winning or losing, but the chance of losing is greater than winning because gambling is built to provide profits for gambling owners, not to give money to customers.
events like this are what make gambling look bad in the eyes of other people out there, whereas gambling actually doesn't have any problems as long as you are able to take responsibility for all the risks you will get by betting with the cold money you have and not betting when you don't have any money left but a wrong understanding of gambling makes a bettor lose a lot of money and makes gambling's reputation bad in the world's view.

your friend may now feel very regretful and feel very sad after losing a lot of money after having too much hope in gambling, but in this way your friend gets a very valuable lesson not to make mistakes again and think that gambling just a place to try your luck with numbers small.

[Miles2006]

This is just a normal act done by most gamblers, some of them are jobless people without a source of income, they have refuse to change and I'm sure your friend will go back to gambling but I think he needs a little advice never to borrow money for a higher expectation, this is very bad and most people can end up taking their life if the money is so huge.
What's the point taking loan to gamble and besides gambling is unpredictable so how sure to the extend of borrowing money.

[angrybirdy]

This is just a normal act done by most gamblers, some of them are jobless people without a source of income, they have refuse to change and I'm sure your friend will go back to gambling but I think he needs a little advice never to borrow money for a higher expectation, this is very bad and most people can end up taking their life if the money is so huge.
What's the point taking loan to gamble and besides gambling is unpredictable so how sure to the extend of borrowing money.

If you really care to your friend, then give them a piece of advice that never ever borrow money just to gamble because it will turn them having a big problem if ever they didn't manage theirself.
If a person end up taking their life, surely that they are having worst and depressing time and that's sad to know.
so it's better that while it's still early, we can prevent the things that can happen so that it doesn't lead to such an event like suicide.

[ethereumhunter]

You can asks you friend what he is doing. if that is gambling, you should advice him not to continue his gambling activity because that can make his life in a mess. You can tell that he will difficult to win much money from gambling because gambling is not a source of income or a job that can give him an income. Yes, people can win from gambling but the matter is not many people can win a lot of money from gambling. If he can realize his mistake and want to fix it, you must help him and stay besides him to support him. Maybe he is not yet being addicted but who knows. But he already borrowed some fund so he needs to repay the fund before he can decide what he needs to do. But don't start from gambling because that is not a good idea.

[Lida93]

Losing is an expected aspect of gambling which to me there's nothing wrong in experiencing losing as a gambler. The losses and winnings must interact but it's more adored to have more winnings than losses. What I don't subscribe to is using money not meant for gambling to gamble, it's a risk not worth giving into, using a business money in gambling under the auspices of doubling it is just another form of irresponsibility and lack of objectivity to the person.

The worst set of friends to have are those friends that can't put you on track when you're falling off from it and when you have those sets of people as gambling friends be rest assured you will run out of finances recklessly and they would make you feel you're still doing alright at it when conspicuously within you you feeling something isn't just right but their company makes it all appear right.

[KiaKia]

I don't see any business oriented ideal in this Friend because $1,000 ls good enough for a start of lucrative businesses.

Amazing some people can build a business for $1000 while some people spend this money for their lunch and dinner... If $1000 is a life changing money for you then you shouldn't be gambling with that money. I don't know what kind of a business can you start with $1000 but if you really think it is lucrative then you should do it right away. You can buy a laptop and start your own software engineering company maybe?  What is the ROI of that business you start for $1000 anyway? Can it make $1000 a year? If  you invest in stocks it will only return $50-100 dividends annually...

Why not? $1000 or nothing, which one is better? Some people want the best at the beginning of their journey, but they failed to understand that you have to start from somewhere, I never had anything when I started making money from crypto, if anyone has $1000 I will advice them to start the business still, you don't have to get the whole money to start, time is running out.

If I start with nothing and become something then anything is possible, but if you believe that it's not possible with $1000 then it will remain the same for him, he became what he believes.

In my own space right now, I would invest the $1000 in a good crypto project, because this could turn $10,000 in a few months time, like how I invested in a A.I project that turned into $5,740 this morning, and all I invested was $350, this is a big gain already, imagine I invested a thousand dollars.

[AVE5]

I don't see any business oriented ideal in this Friend because $1,000 ls good enough for a start of lucrative businesses.

Amazing some people can build a business for $1000 while some people spend this money for their lunch and dinner... If $1000 is a life changing money for you then you shouldn't be gambling with that money. I don't know what kind of a business can you start with $1000 but if you really think it is lucrative then you should do it right away. You can buy a laptop and start your own software engineering company maybe?  What is the ROI of that business you start for $1000 anyway? Can it make $1000 a year? If  you invest in stocks it will only return $50-100 dividends annually...

It is either you are a high staker in the gambling or the $1,000 lost is as little not to be compared to your income rate that is why you are not moved by when this guy couldn't stand the fact that he lost $1,000 in the gamble. Well maybe I should recall to you that as financial levels differs so also we know the little and big amounts of funds we could be found as treasures which centrally depends on our incomes rate.
This is a local gambling in question and we are talking about a fund in a hard currency of $1,000 that is equivalent to #1,690,000 to his traditional currency. I guess you see a million plus is involved here. Haha.
This just to let you know how valuable the lost fund is and how such amount could attain a lucrative level of businesses within his locality considering that it was also a borrowed fund for a business purpose just as you are aware.

So if this guy could afford the money he wouldn't go borrowing it. That was the resultant of his emotions being unable to withstand the lost. So let's not look at how little or how big the lost fund was.

[lovesmayfamilis]

I feel sorry for such people, those who are very stupid, thinking that Lady Fortune will dump her winnings on them, after which they don’t have to work for the rest of their lives. Why did people decide that they could add up their capital suddenly and immediately? And how long will they have to endure until the lessons are learned?
A good rule of thumb is to pay yourself first. What does it mean? You should leave some of your earnings. If you spend money left and right, you will not be able to exaggerate your capital. Especially when playing games of chance, where the amount of random winnings will always be small compared to the number of losses that avid gamblers receive.
How many people do we know who live off their winnings? But there are many more of those who fall into the pit.

[Beparanf]

It is either you are a high staker in the gambling or the $1,000 lost is as little not to be compared to your income rate that is why you are not moved by when this guy couldn't stand the fact that he lost $1,000 in the gamble. Well maybe I should recall to you that as financial levels differs so also we know the little and big amounts of funds we could be found as treasures which centrally depends on our incomes rate.
This is a local gambling in question and we are talking about a fund in a hard currency of $1,000 that is equivalent to #1,690,000 to his traditional currency. I guess you see a million plus is involved here. Haha.
This just to let you know how valuable the lost fund is and how such amount could attain a lucrative level of businesses within his locality considering that it was also a borrowed fund for a business purpose just as you are aware.

So if this guy could afford the money he wouldn't go borrowing it. That was the resultant of his emotions being unable to withstand the lost. So let's not look at how little or how big the lost fund was.

You shouldn’t indicate the exact amount to avoid focusing the discussion on the amount since we have different cost of living and the majority of country even on 3rd world country requires 1000$ to start a lucrative business.

But I agree that the focus of this topic should be on decision making which a friend of your done because this is indeed one of a clear sign of gambling addiction because he clearly use money that he can’t afford to lose. Maybe you should remove the exact amount on the OP because it will surely create confusion and doubt if you attached it to “lucrative” business.