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Author Topic: Can someone take gambling as a source of income to he/she life?  (Read 2669 times)
Bravut
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June 14, 2024, 01:30:58 PM
 #241

The truth is gambling is not a reliable source for income generation, as anyone who wants to take such step is Suicidal Mission of which there is very little chance of survival. The fact that gambling gives a kind of room were people win, does not make it a medium for total dependence on it because winning is not guaranteed as it happens by chance.
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June 14, 2024, 01:54:14 PM
 #242

Quote from: Jody.Drummer
In this case I would say that gambling can earn which can even be in very large amounts, but the idea of "earning" in gambling can never be justified, because after all everything that does not have any guarantee and certainty in terms of winning can never be used as a place to earn in the long run, meaning that you will only be able to earn occasionally, but sometimes the amount of victory is also very likely to be lost again especially when you cannot manage and control yourself and your mind properly.
Yes, it can bring huge amount of money, but it will not going to be everyday earning which is not advisable for people to take gambling as an investment because it can frustrate some gamblers sometimes not to give them what they wish at the moment.

There is no guarantee that you will continue to earn from your gambling, but if you can be using small money to gamble, it will not allow you to spend much on gambling and it will not allow you to be addicted to gambling like the way some people use to spend huge amount of money daily on gambling to earn profits and lose through out the day.

Yes, the point is because there is no certainty and any guarantee in gambling so that these activities can only be used as entertainment activities without putting hopes and goals in the long run, because we will never know about when we will be able to win, while on the other hand the possibility of risk is always lurking for us which can make us lose money. And also logically if for example gambling can indeed be made as a place to produce in the long run then surely there will be many previous gamblers who have now become rich people, but the fact is that this does not happen and in fact the opposite happens, in the sense that instead of producing but what happens instead is losing significant amounts of money. In the end in some cases often those who carry the intention to earn instead experience addiction and experience various adverse effects of addiction.

Quote from: Jody.Drummer
So I can't say that gambling won't provide income because in fact there is a chance of winning for all gamblers involved to earn money, but what we must understand is that however the idea of earning can never be done in the long run, because there is no element of consistency in everything that does not have any certainty and guarantee to always be realized.

As long you are not using big money to gamble daily, gambling will bring profits to you, but it will not going to be as your wish because you can gamble to win big and the end you win small profits but there are some time you will gamble to win small, and the end you win big profit, which there is no perfection in gambling.

Using a small budget in gambling yes it is an approach that is always recommended to minimize the possibility of losing, but I think so far we can never make the amount of the budget as a benchmark or guarantee to always produce a win, or the point is that risking a small amount is only useful to minimize the possibility of losing a significant amount that is not desired but not something that can ensure that you will always be able to win with that small amount, Because in gambling for the problem of victory no one will know, meaning that it depends on how lucky you are at the time of running the session, and also even though the amount you bet is small but still gambling every day is always not recommended, meaning that besides you put a limit on the amount of budget but you also have to limit the time of your involvement.

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June 14, 2024, 01:59:18 PM
 #243

The truth is gambling is not a reliable source for income generation, as anyone who wants to take such step is Suicidal Mission of which there is very little chance of survival. The fact that gambling gives a kind of room were people win, does not make it a medium for total dependence on it because winning is not guaranteed as it happens by chance.

Not only “not a reliable of source income” but rather it’s literally not a source of income because it’s a business that design to provide entertainment with it’s customers and not a financial wealth because they are business that gets profit through customers money so there’s no way they will allow players that continuously draining their bankroll.

This is the reason why there’s a lot of issue about account restrictions whenever a player is winning frequently or showing a successful gambling records. Casino ToS tell’s everything it since they have the right to restrict any player with their own discretion.
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June 14, 2024, 02:03:48 PM
 #244

The truth is gambling is not a reliable source for income generation, as anyone who wants to take such step is Suicidal Mission of which there is very little chance of survival. The fact that gambling gives a kind of room were people win, does not make it a medium for total dependence on it because winning is not guaranteed as it happens by chance.

You know that there are people who earn regular income from gambling. Most of you who comment here have such a mental block in your head that you can't make yourselves clear.

Another thing that I'm sure you haven't heard about is that what you call "luck" only exists in the short term, not in the long term. That is why those of us who earn money with gambling can do it and that is also why casinos earn so much money.

Not only “not a reliable of source income” but rather it’s literally not a source of income because it’s a business that design to provide entertainment with it’s customers and not a financial wealth because they are business that gets profit through customers money so there’s no way they will allow players that continuously draining their bankroll.

This is the reason why there’s a lot of issue about account restrictions whenever a player is winning frequently or showing a successful gambling records. Casino ToS tell’s everything it since they have the right to restrict any player with their own discretion.

As far as I know, this generally only happens in sports betting. Another thing is that if you deposit your money and they lose it, the casino does not investigate you but if you win a large sum of money and you want to withdraw it, they do, to avoid fraud (and leaving aside casinos that scam).

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June 14, 2024, 02:15:51 PM
 #245

The truth is gambling is not a reliable source for income generation, as anyone who wants to take such step is Suicidal Mission of which there is very little chance of survival. The fact that gambling gives a kind of room were people win, does not make it a medium for total dependence on it because winning is not guaranteed as it happens by chance.

This is a wrong expectation to say that gambling is an income generation source. It is just a fun game where you may win money but it is not guaranteed. A Source of income is something which you are sure to get and also there is no chance of loss. In gambling, you will face a lot of losses and hence you cannot be solely dependent on gambling to make money.

Gambling can be as enjoyable and exciting as it can be but it should be approached with the mindset that any money spend is the cost of entertainment. It is something similar to buying a movie ticket or attending a sporting event but the difference is that here one can also make some money. Yes, the money spent on gambling will be gone, if you lose the game but there is the hope of winning in gambling and this makes it a unique type of entertainment value.

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June 14, 2024, 02:41:28 PM
 #246

The truth is gambling is not a reliable source for income generation, as anyone who wants to take such step is Suicidal Mission of which there is very little chance of survival. The fact that gambling gives a kind of room were people win, does not make it a medium for total dependence on it because winning is not guaranteed as it happens by chance.

Not only “not a reliable of source income” but rather it’s literally not a source of income because it’s a business that design to provide entertainment with it’s customers and not a financial wealth because they are business that gets profit through customers money so there’s no way they will allow players that continuously draining their bankroll.

This is the reason why there’s a lot of issue about account restrictions whenever a player is winning frequently or showing a successful gambling records. Casino ToS tell’s everything it since they have the right to restrict any player with their own discretion.

Yes ofcourse, even I have heard about such cases where gamblers have been limited to betting after they won a certain amount of money.
Gambling platforms have designed their sites in such a way that they are always in profits.
It's only the end users that have to lose money. Only a few lucky people make money in gambling but that's just pure luck.

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June 14, 2024, 02:51:50 PM
 #247

The truth is gambling is not a reliable source for income generation, as anyone who wants to take such step is Suicidal Mission of which there is very little chance of survival. The fact that gambling gives a kind of room were people win, does not make it a medium for total dependence on it because winning is not guaranteed as it happens by chance.

Not only “not a reliable of source income” but rather it’s literally not a source of income because it’s a business that design to provide entertainment with it’s customers and not a financial wealth because they are business that gets profit through customers money so there’s no way they will allow players that continuously draining their bankroll.

This is the reason why there’s a lot of issue about account restrictions whenever a player is winning frequently or showing a successful gambling records. Casino ToS tell’s everything it since they have the right to restrict any player with their own discretion.

Yes ofcourse, even I have heard about such cases where gamblers have been limited to betting after they won a certain amount of money.
Gambling platforms have designed their sites in such a way that they are always in profits.
It's only the end users that have to lose money. Only a few lucky people make money in gambling but that's just pure luck.

The host will use various methods to limit the winnings or profits that the gambler will get, even though the rules seem unreasonable to the gambler, but what can you do, the host has the right to determine the rules on the gambling platform and we as gamblers must be able to accept and be willing don't want to have to agree with the rules that have been issued. It is absolutely true that basically losing money in a casino is experienced by more gamblers than those who manage to win or get lucky there.

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June 14, 2024, 02:54:57 PM
 #248

The truth is gambling is not a reliable source for income generation, as anyone who wants to take such step is Suicidal Mission of which there is very little chance of survival. The fact that gambling gives a kind of room were people win, does not make it a medium for total dependence on it because winning is not guaranteed as it happens by chance.

This is a wrong expectation to say that gambling is an income generation source. It is just a fun game where you may win money but it is not guaranteed. A Source of income is something which you are sure to get and also there is no chance of loss. In gambling, you will face a lot of losses and hence you cannot be solely dependent on gambling to make money.

Gambling can be as enjoyable and exciting as it can be but it should be approached with the mindset that any money spend is the cost of entertainment. It is something similar to buying a movie ticket or attending a sporting event but the difference is that here one can also make some money. Yes, the money spent on gambling will be gone, if you lose the game but there is the hope of winning in gambling and this makes it a unique type of entertainment value.
Gambling aint a job. Its a game. Simple as that. You want to earn money? You work hard, you invest smart. You dont play roulette all day. Thats for suckers. Gambling isnt bad. Fun things might happen. It excited me. You must use caution, though. Its entertainment, not a career. That money you're betting? Thats your fun money. Its not for groceries or paying the rent.

You see, with gambling, the house always wins. That is the manipulation. But hey, if you wanna play, thats your choice. Just be smart about it. Dont get addicted. Dont bet the farm. Have a good time, but know when to walk away. Remember, the true winners work hard and invest wisely.

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bettercrypto
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June 14, 2024, 03:11:13 PM
 #249

I was gambling today online since their is strike no work, so decided to take all my day to place a bet and this thought comes to my mind. That is it how the jobless men do gamble all day with the little money they've, because this is insane to me but to those people who gamble as the means of their income it's terrible. I rememberd a friend of mine back in the days in school all he does was to gamble all day not going to class, and the gambling favors him alot any time he comes to the hostels he do comes back with a big bag of foods. But that was back then his parents was sending him money, but right now with the economy situation in some countries someone will haven a little money meanwhile he/she have gone alot stress to get the money and he/she will tries to increase the money by gambling. Everyday he/she continues like this hmmm it's bad.

I said let me express my feelings towards this to forum gambling discussion, if their are people who are living in this kind of lifestyle. And what will be your opinion towards the people living in this kind of lifestyle everyday of their life's?

So that means you were jealous of your friend when you were studying because he often won gambling and even sent him money, and you were not like him. Is that what you mean? You know there are gamblers who are really lucky at gambling, and there are also those who are mostly unlucky at gambling.

I also have a friend who often wins gambling; he often tells me that he won gambling and maybe 3-4 times he won gambling, and the biggest he won was around 1230$ and the lowest winning was 180$, but I never envied him, even though I admitted that he was lucky in gambling compared to me.

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June 14, 2024, 03:27:58 PM
 #250

The truth is gambling is not a reliable source for income generation, as anyone who wants to take such step is Suicidal Mission of which there is very little chance of survival. The fact that gambling gives a kind of room were people win, does not make it a medium for total dependence on it because winning is not guaranteed as it happens by chance.
Trying to make gambling a source of income is terrible because one will be expecting win from every game and one would like to play to recover every game of lose and you know gambling is always not certain,  expecting a lot from it and not having it can lead to serious depression.  Gambling is a game that needs not to be taken serious for money because money in gambling comes a surprise , but I become so worried about people after making attempts of making money from gambling even with the results they get from gambling in a longtime they still continue to see gambling as a way of making money.

The uncertainties of winning after playing several times is supposed to make some gamblers change their mindset on making money from gambling.

R


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June 14, 2024, 03:28:07 PM
 #251

I was gambling today online since their is strike no work, so decided to take all my day to place a bet and this thought comes to my mind. That is it how the jobless men do gamble all day with the little money they've, because this is insane to me but to those people who gamble as the means of their income it's terrible. I rememberd a friend of mine back in the days in school all he does was to gamble all day not going to class, and the gambling favors him alot any time he comes to the hostels he do comes back with a big bag of foods. But that was back then his parents was sending him money, but right now with the economy situation in some countries someone will haven a little money meanwhile he/she have gone alot stress to get the money and he/she will tries to increase the money by gambling. Everyday he/she continues like this hmmm it's bad.

I said let me express my feelings towards this to forum gambling discussion, if their are people who are living in this kind of lifestyle. And what will be your opinion towards the people living in this kind of lifestyle everyday of their life's?

Gambling does not guarantee that we will get wealthy, but I believe that many people become wealthy through gambling because they are lucky enough to win each time they gamble. Although we believe that gambling is only for those who are jobless and have enough free time. I believe that we all have different talents, some people are born with luck, and they haven't lost half of their money in gambling. So gambling is pure luck, I have seen someone establish a business with the money he won from gambling and the business continues to run successfully. However, gambling is meant for fun, we should always expect to lose and win, but those who are blessed can become wealthy with it.

R


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June 14, 2024, 03:28:22 PM
 #252

The host will use various methods to limit the winnings or profits that the gambler will get, even though the rules seem unreasonable to the gambler, but what can you do, the host has the right to determine the rules on the gambling platform and we as gamblers must be able to accept and be willing don't want to have to agree with the rules that have been issued. It is absolutely true that basically losing money in a casino is experienced by more gamblers than those who manage to win or get lucky there.

No, gambling casinos should not bend the rules as per their likeliness. That is morally wrong and if any site is doing that then should make announcements about it on their handles professionally.
We should raise scam accusations against the site so that other people can be aware of such acts and they don't lose their money this way.

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June 14, 2024, 03:29:42 PM
 #253

The truth is gambling is not a reliable source for income generation, as anyone who wants to take such step is Suicidal Mission of which there is very little chance of survival. The fact that gambling gives a kind of room were people win, does not make it a medium for total dependence on it because winning is not guaranteed as it happens by chance.


Gambling is not a stable source of income. Gambling is simply a game, or akin to tossing a coin; you either win or lose. So taking it as a means of generating money is a really bad idea since instead of you getting money, you will be a source of profit for gambling agents, so it is preferable to look for alternative ways to make money than gambling. If gambling is for pleasure, it's fine, but it's not likely to end well, as we've seen with other gambling activities. You will only depress yourself.

When it comes to making money, individuals want to learn everything they can about it, and various people react differently to gambling. And they will continue to bet since there is a chance of winning. To see whether they can make money out of it. And they can just accept that gambling is not a way for them to make money. Instead they should consider other means.

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June 14, 2024, 08:27:46 PM
 #254

Some take gambling as a part of entertainment and some take gambling as a source of income, it mainly depends on the financial status of the person or the gambler. If the gambler is in a good financial situation and does not have to depend on gambling income or whose financial situation does not change after losing a gambling bet, there should be no problem if the gambler mainly accepts gambling as part of entertainment. On the other hand, gamblers whose families are financially poor depend on gambling money, and gamblers from families who rely on gambling as one of their main sources of income.
Gambling is used as a source of income by those who have not yet suffered major losses from gambling. using gambling as fun is the work of a clever person. Gambling is an addictive game of luck. So, the more time one spends on it, the more likely one is to become addicted to gambling. no one can earn a fixed amount of money at a given time from gambling in any way as from one's job or business. so no one can live a normal life with the money earned from gambling.  Both loss and win are gambling, but here the loss is more than the gain.

you can have a major loss and stay in the game if you do proper risk management
the thing is most people don't do it
isn't it crazy that some of the simple things in life are so hard to do?

it is.

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June 14, 2024, 08:43:30 PM
 #255

I was gambling today online since their is strike no work, so decided to take all my day to place a bet and this thought comes to my mind. That is it how the jobless men do gamble all day with the little money they've, because this is insane to me but to those people who gamble as the means of their income it's terrible. I rememberd a friend of mine back in the days in school all he does was to gamble all day not going to class, and the gambling favors him alot any time he comes to the hostels he do comes back with a big bag of foods. But that was back then his parents was sending him money, but right now with the economy situation in some countries someone will haven a little money meanwhile he/she have gone alot stress to get the money and he/she will tries to increase the money by gambling. Everyday he/she continues like this hmmm it's bad.

I said let me express my feelings towards this to forum gambling discussion, if their are people who are living in this kind of lifestyle. And what will be your opinion towards the people living in this kind of lifestyle everyday of their life's?

Gambling does not guarantee that we will get wealthy, but I believe that many people become wealthy through gambling because they are lucky enough to win each time they gamble. Although we believe that gambling is only for those who are jobless and have enough free time. I believe that we all have different talents, some people are born with luck, and they haven't lost half of their money in gambling. So gambling is pure luck, I have seen someone establish a business with the money he won from gambling and the business continues to run successfully. However, gambling is meant for fun, we should always expect to lose and win, but those who are blessed can become wealthy with it.

Financially successful gamblers have different spending habits. Some gamblers, yes, were able to set up nice businesses with their gambling wins. But, a huge number of players who think gambling as a source of income is the best, end up wasting their funds. If a gambler utilizes his wins properly, he wouldn't be tagged under players who focus on gambling as a means of making money. Such people rarely produce successful gamblers, monetarily. Although, even if the player is not jobless he'd still wager each day, to stay consistent on his goals. I don't feel it's completely right to tag such gamblers as jobless.

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June 15, 2024, 01:51:20 AM
 #256

The host will use various methods to limit the winnings or profits that the gambler will get, even though the rules seem unreasonable to the gambler, but what can you do, the host has the right to determine the rules on the gambling platform and we as gamblers must be able to accept and be willing don't want to have to agree with the rules that have been issued. It is absolutely true that basically losing money in a casino is experienced by more gamblers than those who manage to win or get lucky there.

No, gambling casinos should not bend the rules as per their likeliness. That is morally wrong and if any site is doing that then should make announcements about it on their handles professionally.
We should raise scam accusations against the site so that other people can be aware of such acts and they don't lose their money this way.

Yes, it should be like that, the host should not cheat by changing the rules suddenly, but for gamblers who do not really understand this kind of experience, they will probably be confused and try to find a way to solve it slowly or ask for help from professional gamblers on how to take the next steps.
Yes, I agree with you, the casino should not take action to change the rules suddenly, if there really has to be a change, immediately announce it on the gambling platform so that gamblers do not feel cheated and comfortable playing gambling.

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June 15, 2024, 02:13:34 AM
 #257

Financially successful gamblers have different spending habits. Some gamblers, yes, were able to set up nice businesses with their gambling wins. But, a huge number of players who think gambling as a source of income is the best, end up wasting their funds. If a gambler utilizes his wins properly, he wouldn't be tagged under players who focus on gambling as a means of making money. Such people rarely produce successful gamblers, monetarily. Although, even if the player is not jobless he'd still wager each day, to stay consistent on his goals. I don't feel it's completely right to tag such gamblers as jobless.
I also think successful gamblers are good at managing their own money. Some gambles use their winnings to start businesses and settle their lives while others waste their money in a wrong way. It is really important to remember that gambling should not be our main source to making money.People who always rely on gambling mostly they have money problems.But gamblers who are responsible and careful with their winnings so we should not assume them as irresponsible gambers because they already know how they should use money in right way. It is good to consistent and work towards our goals even if gambling is just something you enjoy or do it as side business or for mind relaxing. Let's not make assumptions and instead teach people how to manage their money and gamble responsibly.

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junder
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June 15, 2024, 06:00:13 AM
 #258

Gambling is not a stable source of income. Gambling is simply a game, or akin to tossing a coin; you either win or lose. So taking it as a means of generating money is a really bad idea since instead of you getting money, you will be a source of profit for gambling agents, so it is preferable to look for alternative ways to make money than gambling. If gambling is for pleasure, it's fine, but it's not likely to end well, as we've seen with other gambling activities. You will only depress yourself.

When it comes to making money, individuals want to learn everything they can about it, and various people react differently to gambling. And they will continue to bet since there is a chance of winning. To see whether they can make money out of it. And they can just accept that gambling is not a way for them to make money. Instead they should consider other means.

Yep, that's true, winnings in gambling are not certain so there will be no winnings that can be obtained with certainty or consistently, as you said with gambling which is not a stable source of income, if gambling is used as the main source of income it will not work. because it is true that winning which is difficult to obtain will be the problem, now if gambling can produce profits for sure I think many people will have experienced wealth, but in fact there are fewer people who can make profits compared to people who experience a lot of problems, especially financially. Making gambling the main source of income will only make us depressed, especially with the aim of making profits which indirectly, of course, we don't want the money we bet to be lost, but it is a definite certainty that losing money is certain.

It is true that they bet continuously even though they have lost because they are blinded by the chance of winning, so they will continue to gamble to win, no matter how much they lose. The funny thing is that when they get a victory, even though it is not equivalent to the loss, they are proud of it by telling other people. I experienced this where my friend managed to get a victory and was proud to tell all his friends, but when I said "your victory is not comparable to your defeat or the losses that have occurred, after all the winnings obtained will not be equivalent to the amount of losses that have occurred," he just remained silent but still defended himself.

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bettercrypto
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June 15, 2024, 08:33:25 AM
 #259

The truth is gambling is not a reliable source for income generation, as anyone who wants to take such step is Suicidal Mission of which there is very little chance of survival. The fact that gambling gives a kind of room were people win, does not make it a medium for total dependence on it because winning is not guaranteed as it happens by chance.

Not only “not a reliable of source income” but rather it’s literally not a source of income because it’s a business that design to provide entertainment with it’s customers and not a financial wealth because they are business that gets profit through customers money so there’s no way they will allow players that continuously draining their bankroll.

This is the reason why there’s a lot of issue about account restrictions whenever a player is winning frequently or showing a successful gambling records. Casino ToS tell’s everything it since they have the right to restrict any player with their own discretion.

I think the only people who think that gambling is a source of income are people who are unemployed, poor and have no other source of income, or maybe lazy people who just want
an easy way like playing gambling in crypto casinos.

But you will be surprised because even though they don't have a job, they manage to have money to bet on gambling, but when looking for a legitimate job,
they can't find a way to find or apply for a job.

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Taskford
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June 15, 2024, 09:53:00 AM
 #260

Not only “not a reliable of source income” but rather it’s literally not a source of income because it’s a business that design to provide entertainment with it’s customers and not a financial wealth because they are business that gets profit through customers money so there’s no way they will allow players that continuously draining their bankroll.

This is the reason why there’s a lot of issue about account restrictions whenever a player is winning frequently or showing a successful gambling records. Casino ToS tell’s everything it since they have the right to restrict any player with their own discretion.

I think the only people who think that gambling is a source of income are people who are unemployed, poor and have no other source of income, or maybe lazy people who just want
an easy way like playing gambling in crypto casinos.

But you will be surprised because even though they don't have a job, they manage to have money to bet on gambling, but when looking for a legitimate job,
they can't find a way to find or apply for a job.

There understandings towards gambling is so narrow then mostly they think about its so easy to earn on gambling even if they didn't have any experience to play on those casino. Sometimes they easily got carried away with fictitious and over exaggerated stories that's the reason why they easily believe that they can really easily earn a fortune from gambling.

Sometimes I'm not surprised that those people could able to get some money to fund their gambling since maybe they do extracurricular things to gather some funds to gamble since what they really believe that its easy to multiply it from casino they are playing. But if they could just able to realize that if they just used their money for investment or savings maybe they can get more better returns. Rather than trying to risk it on unsure situation. Maybe if they are interested to gamble they should comeback when they have passive income then can able to gamble only what they can afford to lose without getting unrealistic expectations every time they play.

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