Drake and Bruno Mars An Example of How Gambling Addiction Can Affect Anyone

[wxa7115]

Even though Bruno Mars is an example of an artist who does not represent a responsible gambler, because he has a debt of $50 million USD to MGM, he is worth $175 million, and if you subtract the debt he still has $125 million - that's still a lot of money. In fact, he can actually pay off this debt in just a short time, because he is one of the most famous singers in the world and he can earn millions of dollars or more if he goes on a concert tour to many countries.
So there are some people who, even though they are crazy about gambling, are supported by their huge income. Even casinos tolerate them, because they believe that he can pay it all if he wants.

It is not that simple, the net worth of a person is the total wealth they have when considering all their assets, but very few people will have 50 millions on a bank account ready to be used to pay for those debts.

So if he was to sell some of those assets to cover his debts, it is unlikely he could get the best possible price for those assets, and if he took a lot of time to pay that debt then the interest rate will make it even bigger by the time he gets that money, besides if he does not control himself then it is likely he will find himself back in that position just a few years after paying that debt.

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[entertheabyss]

Drake and Bruno Mars are top celebrities and they already know to what to expects each time they triggered these kind of bets with huge money. It's never advisable to follow their steps because they're also influencing alot of young boys out there. This is not the first or second time to watch Drake lose a bet, he's always there to lose money especially significant figure, always fumbling to the foots of of losses which is never required in this phase.

[redsun114]

The news is everywhere, search his name on Google and you will see almost all news outlets are talking about him allegedly owing $50m in gambling debt. It's a shame because being a celebrity and then having such news circulating the globe about you can be pretty painful and shaming, this is the reason why someone who becomes well-known needs to take every step with care no matter what they do because both good and bad things such a person does will spread like a fire in the forest.

I don't understand why people would get addicted to gambling when they have so much money already. Just use some of the money you own and have some fun, you don't need to try and multiply your wealth with gambling because that isn't going to happen and you will negative consequences for doing that.

[stadus]

I don't understand why people would get addicted to gambling when they have so much money already. Just use some of the money you own and have some fun, you don't need to try and multiply your wealth with gambling because that isn't going to happen and you will negative consequences for doing that.

If they think like you then they will not. however, we are just humans and we have no satisfaction, money gives us freedom to do what we want but no one has an infinite money, and the fact that he is gambling, the edge is not on him, so it's not surprising that he lose that big amount of money considering he is making big money as well, that make sense.

However, addiction could really be a problem, and it's something personal, maybe he has a problem, that despite being too popular he is still seeking attention and he find it in gambling. Since no money is safe in gambling, whether millions or billions, one could really be in debt if he does it without a limit.

[wiss19]

The musician has a partnership with MGM and I guess they allow him to play on the casinos as a "fun time" reward of performing there and as part of the payment.

Possible that the initial news gave a negative hit to the musicians rep and so their spokesperson had to come up with this damage control article.

In all, these people are gamblers and they can afford to lose it. Dont let that influence your own lifestyle, its not all glitz and glam unless you are the owner of the casino.

Well said and I hope many gamblers would not take this too seriously seeing there favorite musicians playing more than they used to during betting. Many of these celebrities may not even be a true gamblers, the are always paid using casinos and playing on different platforms because they could generate more users for the the platform which in turn, they are paid for all they do on the internet. We should not be surprised or allow that to lure us into gambling, betting mire that we are supposed to bet. Any decision we are making need to be swift and need to conscious understanding of what we are doing.

That's right. Many people tend to get influenced by such things, they even get influenced by casino streamers and influencers who promote casinos and gambling being partners of those casinos. The reason behind that is that such streamers and influencers often show their audience large wins despite losing some money, and those watching them think it is possible to earn money from gambling and they start doing it as well.

However, people need to understand that these people are not always showing us the reality, we never know whether they are using their money or not because most of the time, they are given credit or money to gamble with only to promote the casinos they gamble on.

[criptoevangelista]

Bruno Mars will have to sing for free for the rest of his life to pay off his gambling debts. This really is a lesson, no matter how much people show their lives on social media, in reality real life is very different.... Everyone has problems, addictions, fears, like any normal person.

Anyway, the difference between him and an ordinary player is none, other than his bets which must be quite high, but otherwise everything is exactly the same... I hope he can solve his problem soon and get on with his life.

[ultrloa]

Bruno Mars will have to sing for free for the rest of his life to pay off his gambling debts. This really is a lesson, no matter how much people show their lives on social media, in reality real life is very different.... Everyone has problems, addictions, fears, like any normal person.

Anyway, the difference between him and an ordinary player is none, other than his bets which must be quite high, but otherwise everything is exactly the same... I hope he can solve his problem soon and get on with his life.

Bruno Mars 50 million debt rumor is hoax mate you need to check this to verify the information spreading https://ew.com/bruno-mars-doesnt-owe-50-million-gambling-debts-mgm-says-8611395

He doesn't owe any amount to anyone so its just like someone spread that wrong information for some negative publicity reasons but he's been clear out on this controversy and we can say that Bruno Mars is fine and away from any possible financial troubles in life. So comparing or discussing about debts is useless since there's no real person got that debt in real life since maybe some article creators just want to sell out some controversy so that his article will get a lot of clicks or views from curious people about his current situation.

[sokani]

I'm a fan of Bruno Mars but I never knew he had gambling issues, not to talk of owing a gambling debt to the tune of $50 million dollars. Wow... What happened to all the money he got from his record sales and endorsement deals? Aside the debt, I want to believe it has also affected his music career because it's been long I heard a banger from him. Gambling is indeed not respecter of any man and it can bring you down from affluence to penury if you lack the ability to keep your gambling habit in check.

[Webetcoins]

Damn, didn't knew that Bruno is also a gambling addict but maybe he only got influenced by his co-artist like for example Drake. Not to mention that gambling has now taken the world by storm lately. Gambling may have that rule against debts but there would be exceptions when it comes to celebrities to think they can pay easily. It's also possible that they only borrow from other sources and not directly in the casinos.

It will still gonna affect their image because the public already knows their other side or also called as alter ego. Both Drake and Bruno are male but there might also be famous female personalities who are chronic gamblers. Gambling can still be disallowed in some countries and religions which makes people refrain from doing it. There is also age restriction.

[criptoevangelista]

Bruno Mars will have to sing for free for the rest of his life to pay off his gambling debts. This really is a lesson, no matter how much people show their lives on social media, in reality real life is very different.... Everyone has problems, addictions, fears, like any normal person.

Anyway, the difference between him and an ordinary player is none, other than his bets which must be quite high, but otherwise everything is exactly the same... I hope he can solve his problem soon and get on with his life.

Bruno Mars 50 million debt rumor is hoax mate you need to check this to verify the information spreading https://ew.com/bruno-mars-doesnt-owe-50-million-gambling-debts-mgm-says-8611395

He doesn't owe any amount to anyone so its just like someone spread that wrong information for some negative publicity reasons but he's been clear out on this controversy and we can say that Bruno Mars is fine and away from any possible financial troubles in life. So comparing or discussing about debts is useless since there's no real person got that debt in real life since maybe some article creators just want to sell out some controversy so that his article will get a lot of clicks or views from curious people about his current situation.

I didn't know it was fake news, I even looked on several websites here in my country and they all said the same thing, that Bruno Mars has a very high debt and needs to make presentations to pay off the amount...

I'm glad you warned me about this, I really didn't know... Now whenever I read the news here (they were reliable sites) I will look for more details on foreign sites too.

[Accardo]

Damn, didn't knew that Bruno is also a gambling addict but maybe he only got influenced by his co-artist like for example Drake. Not to mention that gambling has now taken the world by storm lately. Gambling may have that rule against debts but there would be exceptions when it comes to celebrities to think they can pay easily. It's also possible that they only borrow from other sources and not directly in the casinos.

It will still gonna affect their image because the public already knows their other side or also called as alter ego. Both Drake and Bruno are male but there might also be famous female personalities who are chronic gamblers. Gambling can still be disallowed in some countries and religions which makes people refrain from doing it. There is also age restriction.

Nobody would have known about this if these two mentioned above weren't famous musicians. One disadvantage of being a celebrity. Everyone tends to have a say regarding their lifestyle. Though it's wrong to wager with borrowed money. But both musicians don't sound like addicted players when they sing or get interviewed on shows. Hence, there are other reasons best known to them why they're taking loans to gamble. In addition, they're entitled to take loans for running their musical empire. Bruno is blessed with lots of fans looking out for his next hit or single, hence he'd do anything possible to reach out to their expectations. Nobody knows if he made money from gambling, enough to finance his musical career till he became a star.

Hence, he could be running back to the same pattern, whenever he has a strong project to boost the love his fans have for him. I think their life revolves around fans and expectations. They'll do anything to impress fans, by reaching their expectations. Taking loans is not wrong, but wasting them is, in the eyes of many people. But to him, he wouldn't see it as a waste of money, because he has a chance of winning someday. Provided these musicians still have a keen eye for music, whatever they do with their borrowed money isn't much of a concern. Only that it could influence their fans wrongly, when they hear this, but such news doesn't actually reach out to lots of fans like their music do.

[pinggoki]

I'm a fan of Bruno Mars but I never knew he had gambling issues, not to talk of owing a gambling debt to the tune of $50 million dollars. Wow... What happened to all the money he got from his record sales and endorsement deals? Aside the debt, I want to believe it has also affected his music career because it's been long I heard a banger from him. Gambling is indeed not respecter of any man and it can bring you down from affluence to penury if you lack the ability to keep your gambling habit in check.

That kind of addiction doesn't really do good for the press so they try to cover it up so as not to tarnish the reputation of that celebrity, sure there are some that are open about their addiction but there's some that don't survive that and still be famous after admitting to that addiction. I think it did affect his music career, that's a good indication that something is a problem with him, not releasing anything that's worth listening too is kind of weird for someone like him, it's a sad thing really that they've got this kind of debt, 50 mil on debt in Vegas isn't something to scoff at unless you're a billionaire that don't mind losing that much money but other than that, it's a really alarming thing, either he has to go to therapy and rehab to cure that addiction or do some more music to pay those debts but still continue gambling or maybe we're too invested in their lives that we don't know the whole story and that 50 mil debt isn't something for Bruno Mars to worry about since he's probably got those royalty cheques.

[ChiBitCTy]

Wealthy/famous people are often thrown in to the spotlight of having a "gambling addiction".  But lets step back a bit and ask ourselves if their gambling is truly negatively affecting the lives of themselves or anyone else for that matter.  Many people who get the gambling addict picture painted of them selves are just often wealthy people who bet big, and often, but many not doing so in a matter than will break them (financially).

[len01]

The lesson to learn is that gambling addiction is not respecter of Gender, economic status, race, nationality, religion. It will mess you up, bring shame and disgrace to you if you don't abide by the rules of responsible and do all you can to avoid it.

I just discussed in another thread regarding addiction which can always come at any time and anyone can even be addicted without the addict realizing it.
It's all about the mindset and how each gambler views gambling as just having fun and trying their luck or as a place to make a profit.
a big gambler or artist who gambles will not have problems as long as he sticks to his commitment without having to borrow money just to gamble which can result in 2 losses at once, namely the loss of losing all the money and still having to return the money he borrowed.

addiction is just about how we can respond to gambling and control our mindset to remain consistent with the rules that must be obeyed.
some online casino sites have actually given warnings to gamble responsibly, but there are many artists who waste large amounts of money in gambling and incidents like Bruno Mars. We need to look at history to get an idea of not following this way of gambling.
I fully support your opinion that addiction can come to anyone when we cannot control our own thoughts and control.

[Oilacris]

Wealthy/famous people are often thrown in to the spotlight of having a "gambling addiction".  But lets step back a bit and ask ourselves if their gambling is truly negatively affecting the lives of themselves or anyone else for that matter.  Many people who get the gambling addict picture painted of them selves are just often wealthy people who bet big, and often, but many not doing so in a matter than will break them (financially).

It is really just that they do get those highlights because these fellas are indeed popular and known and same goes into the amount that they have lost or burned through gambling but looking around
then there are still those people who are losing up that big or significant amount in silent. It is really just that they are the ones who are really that getting attention due to their fame and popularity.
It would really be just that depending on how you would really be that handling up yourself on such condition on which we know that gambling could affect anyone no matter how popular or ordinary person you are. There would really be no exemptions on who would really be getting wrecked by gambling.

If you do lose control then it would be a disaster, the difference into these people that they do have so much money that even losing hundreds of thousands or millions
isnt something that they would really be that in concern about.