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Author Topic: Gambling as a way out of Nigeria Harsh economic Situation  (Read 1415 times)
EarnOnVictor
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October 03, 2024, 05:46:47 PM
 #161

Inasmuch there's an increasing rate of gambling centers and gamblers all over Nigeria, we can't fully say that most Nigeria citizens survive mainly on gambling bets rather than having little or more jobs to survive on their own than being solely dependent on gambling that has more losses that its gambling wins.
The opposite is the case, my brother, poverty in Nigeria has pushed so many people to gamble thinking it is an alternative to their predicament in the country, suffering is everywhere. But the truth is that the result has never been good. As a well-informed person who knows what is going on on and off the street, gambling has never been positive for those guys.

As usual in all countries and societies, no matter how good you are at gambling, some will lose and some will gain, but those who are complaining bitterly due to their gambling losses are more than those who are gaining. And those who are gaining are also gaining peanuts from it except a few that would just hit it randomly big, so how is that helping their situation to have warranted the belief that gambling is helping the country's citizens to alleviate the harsh economy?

The best bet is for those who are still living in a harsh economic condition to increase their income streams through more honourable works that will almost guarantee earning, not from gambling which might make them poorer if care is not taken.

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October 03, 2024, 08:02:04 PM
 #162

Gambling or Betting is the act of using money to stake in an event with the intentions of profit or making gain out of it
Before now there was a tag that was given to those who use there Money in gambling as they where seen as people who has missed their way or they where seen as wayward or even people without any future

But the narrative is changing gradually as betting has taken a center stage in the country, infact there is no family in the country that you go to that someone don't bet, there's hardly no street that you passes by in the country that you don't see a betting shop open for business and these betting shops runs from morning till night to tell you how busy these shops are it's the workers in the shops that will beg the customers to go home as they wants to close and rest from the days activities around 8_9pm in the evening

One thing that is of concern to me is the kind of person's that you will find inside the betting shop as you will find different class of people ranging from small to big , old and young and of recent even woman has started gambling

This got me thinking and I came came to the conclusion that betting or gambling is now a way out of the harsh economic situation that we find our self in the country

To tell you how serious gambling has become in the country there are people who literally survives on gambling as they have taken it as their job to be betting, so the next time you see someone betting and playing virtual game inside the betting shop just know they are not useless but looking for a way to survive

It all comes down to willpower and the choices that we make every day. Nobody is forcing people into these gambling shops and if they are as prevalent as you suggest, then it should be clear to the wider society that the only people making money from gambling are the casinos. That should be enough to keep people away from them. If you can tell that it is possible to get an edge against the house or other players, then with enough practice and intelligence it is theoretically possible to use gambling to build a career - however only a tiny minority will ever be truly successful at it, the rest are just leaking their hard earned money away.

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October 03, 2024, 08:14:46 PM
 #163

Gambling or Betting is the act of using money to stake in an event with the intentions of profit or making gain out of it
Before now there was a tag that was given to those who use there Money in gambling as they where seen as people who has missed their way or they where seen as wayward or even people without any future
Since I have being participating in the gambling I haven't see anyone devalue me or disgust me because I'm participating in gambling, actually gambling is a something of state of mind, and it's a personal race, so don't allow anybody to discourage you concerning gambling, when someone will see you as a wayward person because of gambling is when you're gambling addict, so I know that gambling person people will talk about it, but when the person make money through gambling most of people who talk ill about that person will be praising the person, gambling is legal so nobody can say gambling is illegal

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October 03, 2024, 08:29:03 PM
 #164


To tell you how serious gambling has become in the country there are people who literally survives on gambling as they have taken it as their job to be betting, so the next time you see someone betting and playing virtual game inside the betting shop just know they are not useless but looking for a way to survive
I wonder why you keep creating posts relating to Nigeria on the general boards? Aren't you a Nigerian and don't you know we have a Localboard?. Try your best please and make it to be more decent. Regardless of the Nigerian economic situation, gambling should not be considered as a means or a source of income. It's an entertainment event though we know about the profits that one can make from it if he's well strategize and has luck on his side. If one starts getting the idea of gambling being a way out of the hardship, he might end up becoming addicted and lose control.

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October 03, 2024, 08:30:39 PM
 #165

I totally agree with you, Nigeria isn't the only country in this category. Statistically is has been shown several times that more gamblers are in the united states of America more than any other country in the world, majority of these gamblers are not playing for fun but there are actively involved in gambling as a way out of their financial situation which is a very delusional thing to do.

And who do you expect to be in the lead, Slovenia?
The United States has the 3rd largest population in the world, gambling is banned in China so obviously there won't be any statistics on it and so is it in India, while the fourth and fifth largest countries are majority Muslim.
When you look at the per capita statistics things change radically and when it comes to online gambling Brazil, Mexico, and Nigeria have more people gambling than the United States, making things even worse since their per capita wages are a quarter at best of what the disposable income of Americans is.

And yeah, a lot of people in the US go to Las Vegas to gamble for fun, probably less than 1% of them do it to "win" as they could do that in any casino in half of the states, no point flying there to make money, same for Macau or Singapore, now how many do so in others countries?

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October 03, 2024, 09:20:32 PM
 #166

Gambling or Betting is the act of using money to stake in an event with the intentions of profit or making gain out of it
Before now there was a tag that was given to those who use there Money in gambling as they where seen as people who has missed their way or they where seen as wayward or even people without any future
Since I have being participating in the gambling I haven't see anyone devalue me or disgust me because I'm participating in gambling, actually gambling is a something of state of mind, and it's a personal race, so don't allow anybody to discourage you concerning gambling, when someone will see you as a wayward person because of gambling is when you're gambling addict, so I know that gambling person people will talk about it, but when the person make money through gambling most of people who talk ill about that person will be praising the person, gambling is legal so nobody can say gambling is illegal
The only time that others can have opinion in your private affairs is when you expose yourself to them and let them know some details about you, otherwise if you gamble in private I don't think anyone will look down on you because you gamble, so for sure it one thing to gamble and also another thing to be able to gamble in high privacy not allowing yourself to become obviously addicted to Gambling.


Many of those that have cases of public disgraceay have gone out of their limits and if that be it, then the public disgrace could be obviously justifeble.

 
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October 05, 2024, 10:41:01 PM
 #167


The opposite is the case, my brother, poverty in Nigeria has pushed so many people to gamble thinking it is an alternative to their predicament in the country, suffering is everywhere. But the truth is that the result has never been good. As a well-informed person who knows what is going on on and off the street, gambling has never been positive for those guys.

We think that not only in Nigeria but in all countries things tend to get difficult, although to be honest there are many people who see gambling and trading as a solution without knowing or having experience, that's the only bad thing because obviously things are very easy for you to lose money, just remember in the pandemic, many of the Solutions for people who no longer had a job was to think about entering a casino to bet and make money quickly and easily, however some succeeded , others did not , but I always recommend never betting in a casino out of necessity.

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October 06, 2024, 06:29:04 PM
 #168

It will always be a very wrong idea to make gambling an alternative or solution to overcome financial problems, and I don't think you can just conclude that the large population of gamblers in a country is because they have succeeded in making gambling a place to overcome financial problems or as a place that still gives them a way to survive, and I think for some people who know and understand what and how gambling really is, they will also disagree with the idea that gambling can be used as a solution to overcome financial problems.

The only benefit that gambling can provide is to provide you with entertainment when you are feeling bored when you have nothing to do at a time, meaning that gambling can indeed be used as a solution but not to make money, because in most cases gamblers who are too serious about dedicating themselves to gambling with the intention of earning income actually end up with a lot of setbacks, instead of getting a lot of money, they actually lose a lot of money, even many people are stressed because of this.

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October 06, 2024, 08:16:36 PM
 #169

It will always be a very wrong idea to make gambling an alternative or solution to overcome financial problems, and I don't think you can just conclude that the large population of gamblers in a country is because they have succeeded in making gambling a place to overcome financial problems or as a place that still gives them a way to survive, and I think for some people who know and understand what and how gambling really is, they will also disagree with the idea that gambling can be used as a solution to overcome financial problems.

The only benefit that gambling can provide is to provide you with entertainment when you are feeling bored when you have nothing to do at a time, meaning that gambling can indeed be used as a solution but not to make money, because in most cases gamblers who are too serious about dedicating themselves to gambling with the intention of earning income actually end up with a lot of setbacks, instead of getting a lot of money, they actually lose a lot of money, even many people are stressed because of this.
Very very wrong but its shocking that there were people who are really that making up such consideration on taking up some action on which they do really make gambling as their last resort on resolving out on the
current hardship that they are facing into their lives. If you've been struggling on day to day living because of some shit economic correlated things then it will really be that wise that you should opt out on doing gambling or including int into your options. There are much more better alternatives or ways that you could really be able to improve your life in terms of financial status. Gambling is never been that a wise option because instead of earning, you might be losing up even more. So it will really be that just wise that you should really that avoid as much as you could when dealing up with gambling because of some hard economic situation.

You would really be just that needing up some common sense for you to be able to distinguish on which are the things that could be beneficial and something that will really be helping you out.
There would really be those inviduals who are really just that too desperate and thats why they do end up with these kind of options.

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October 06, 2024, 08:30:40 PM
 #170

You would really be just that needing up some common sense for you to be able to distinguish on which are the things that could be beneficial and something that will really be helping you out.
There would really be those inviduals who are really just that too desperate and thats why they do end up with these kind of options.

Even though I agree that people shouldn't do things such as gambling to have a better financial situation, I don't think that a person always does crazy things out of desperation but there are mostly compulsions that make a person do things that they shouldn't do under any circumstances. I have seen people killing their families and then committing suicide because they couldn't get a job to feed their families or provide a good life for them because of economic hardships. Can anyone imagine doing something like that? No, so we can understand from this that sometimes you make decisions that you wouldn't make in normal life situations.

I know it's wrong but a lot of people who belong to poor or middle-class families tend to gamble with the hope that their days might turn, they might also have a good life if they become lucky some day, if they earn $50 a week, they spend $10 on gambling because they hope for something good coming out of it even though everyone can't become rich through gambling, when there is a possibility, there is hope.

All that being said, I would never recommend using gambling as a way for getting out of economic or financial hardships.

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October 06, 2024, 08:35:48 PM
 #171


I know it's wrong but a lot of people who belong to poor or middle-class families tend to gamble with the hope that their days might turn, they might also have a good life if they become lucky some day, if they earn $50 a week, they spend $10 on gambling because they hope for something good coming out of it even though everyone can't become rich through gambling, when there is a possibility, there is hope.

All that being said, I would never recommend using gambling as a way for getting out of economic or financial hardships.

The truth is that a lot of those people that falls into this category of trying to using gambling to escape hardship know about the risk involved in such practices but due to the fact they don’t have hope of making money anywhere and their means of getting money only give them little to nothing - they tend to just stick to gambling hoping it doesn’t ruin their life.

Haven’t you wonder why someone that teaches about an act and tell the public about how dangerous it is to indulge in that sort of thing ends up being caught doing that same thing? It’s not as if they don’t know it’s just that they don’t have an alternative and therefore settled for gambling.

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October 06, 2024, 09:27:06 PM
 #172

Gambling or Betting is the act of using money to stake in an event with the intentions of profit or making gain out of it
Before now there was a tag that was given to those who use there Money in gambling as they where seen as people who has missed their way or they where seen as wayward or even people without any future
I don’t really know the reason why people tag gambling as a bad activity. Or is it because of the behaviors of addicted gamblers, that’s why people just generalize it that gambling is a bad activity? Seriously, I have been gambling for some time now, and I don’t see anything bad in gambling. The only time that I will say gambling is bad is when someone is addicted to gambling, because we can see the crazy things that addicted gamblers are doing.
 
Gambling shops are now so rampant now, most people are beginning to take gambling as their source of income, some people do visit gambling shop and stay there from morning till evening, and they do that almost everyday which doesn’t make sense, that’s why addiction rate is really increasing, and owners of those gambling shops are doing their business, and they don’t care if anyone is addicted to gambling or not.

One thing that is of concern to me is the kind of person's that you will find inside the betting shop as you will find different class of people ranging from small to big , old and young and of recent even woman has started gambling
Gambling is not for a specific set of people, as long as you are above 18 years old in my country, then you are allowed to gamble, irrespective of your gender or whether you are old or young. That’s why when you visit gambling shops, you see different sets of people there.

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October 07, 2024, 10:29:18 AM
 #173

Since this is a thread/discussion about gambling in Nigeria, I assume there must be several people from Nigeria here in this thread. If so, I have a questions for you all which it has gotten me curious since I first saw this discussion.

How often are big winners advertised in Nigeria, on social media and on Television?
Is it common to see people who have won important amounts of money to appear on TV on in the social media accounts of gambling companies operating in Nigeria or even in social media accounts of betting houses?

Here in my country it is not common to see people who had won the lottery on Television anymore and betting houses do not advertise those winners.
I would like to know how it is in the case of Nigeria since Gambling seems to be a very important cultural way of life among the common people there.

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October 07, 2024, 05:15:42 PM
 #174


I know it's wrong but a lot of people who belong to poor or middle-class families tend to gamble with the hope that their days might turn, they might also have a good life if they become lucky some day, if they earn $50 a week, they spend $10 on gambling because they hope for something good coming out of it even though everyone can't become rich through gambling, when there is a possibility, there is hope.

All that being said, I would never recommend using gambling as a way for getting out of economic or financial hardships.

The truth is that a lot of those people that falls into this category of trying to using gambling to escape hardship know about the risk involved in such practices but due to the fact they don’t have hope of making money anywhere and their means of getting money only give them little to nothing - they tend to just stick to gambling hoping it doesn’t ruin their life.

Haven’t you wonder why someone that teaches about an act and tell the public about how dangerous it is to indulge in that sort of thing ends up being caught doing that same thing? It’s not as if they don’t know it’s just that they don’t have an alternative and therefore settled for gambling.
It's just that people still consider wishful thinking and hope that with luck and skill in gambling, one bad economic situation will change for a lifetime. They know the high risk of losing, but they also believe that they can manage to avoid huge losses if they gamble and find their luck in the middle of the game. With this kind of mindset, surely these people will never get rid of their current bad economic situation.

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October 07, 2024, 10:14:49 PM
 #175

If you check the ratio of the percentage of those that gambling have made to come out of poverty' or financial conditions you will notice that there is low numbers of gambler's who have really achieve something good compared to those that have been put into real poverty because of gambling involvement.


So a lot have to be considered before choosing gambling as a way to get out of poverty or any economic conditions which is why we discourage them from choosing such a part.

 
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October 08, 2024, 12:20:16 AM
 #176

It all comes down to willpower and the choices that we make every day. Nobody is forcing people into these gambling shops and if they are as prevalent as you suggest, then it should be clear to the wider society that the only people making money from gambling are the casinos. That should be enough to keep people away from them. If you can tell that it is possible to get an edge against the house or other players, then with enough practice and intelligence it is theoretically possible to use gambling to build a career - however only a tiny minority will ever be truly successful at it, the rest are just leaking their hard earned money away.
I agree with you, indeed that in this case there is no one forcing other than yourself including the casino itself which in my opinion they do not force players to play excessively, besides that another thing that must be known is that in this case the casino is the host who will always win so that no other party can have a greater advantage than the casino itself. However, the casino will always excel and they will always win, it feels sad if gambling is used as a solution to the difficulties of a situation, because in my opinion the benefits of gambling are unpredictable and uncertain.
It is unlikely that any player can successfully build a career with gambling if they are not the owner of the casino, with their role as only a player it will not make them successful, even that is too far because to get a small profit sometimes it is not possible because there is indeed no certainty of course.

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October 08, 2024, 10:00:32 AM
 #177

Gambling shouldn't been seen as a way of surviver instead it should be seen as a way of fun. Gambling is a never a way out of Nigeria harsh economy instead I believe gambling in Nigeria is still adding more to the current harsh economy situation of Nigeria. There are people who are winning while there are also people who are losing, and the losing rate is far higher than the winning rate. So in this case I will definitely say that gambling could be a way out of Nigeria harsh economy situation to those that owns these various betting center or shops and to those that are been employed to work there in.

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October 08, 2024, 12:29:06 PM
 #178

It all comes down to willpower and the choices that we make every day. Nobody is forcing people into these gambling shops and if they are as prevalent as you suggest, then it should be clear to the wider society that the only people making money from gambling are the casinos. That should be enough to keep people away from them. If you can tell that it is possible to get an edge against the house or other players, then with enough practice and intelligence it is theoretically possible to use gambling to build a career - however only a tiny minority will ever be truly successful at it, the rest are just leaking their hard earned money away.
I agree with you, indeed that in this case there is no one forcing other than yourself including the casino itself which in my opinion they do not force players to play excessively, besides that another thing that must be known is that in this case the casino is the host who will always win so that no other party can have a greater advantage than the casino itself. However, the casino will always excel and they will always win, it feels sad if gambling is used as a solution to the difficulties of a situation, because in my opinion the benefits of gambling are unpredictable and uncertain.
It is unlikely that any player can successfully build a career with gambling if they are not the owner of the casino, with their role as only a player it will not make them successful, even that is too far because to get a small profit sometimes it is not possible because there is indeed no certainty of course.
Totally just BS that you would really be blaming the casino on why you do get addicted on which it is really that no sense that you will really be that blaming them on what happened into you.
Just like on what you had said that you arent that forced, you do play according into your own will. This wont really be just that limited to Nigerians but also in other countries as well and into its citizens on which
its never been good on making gambling to get out with economic bad situation because it will really be just worsen up the situation. Instead on playing gambling then it would really be wise that you should be finding up some other alternative which you will really be finding up some side hustles or any other investment or business that you could be able to deal up with.

It is really just that a matter of perseverance and dedication if you are really that trying out to make your life way better or something do talks about improvement.
It is really that hard on living on a country on which it does have that bad economic condition. So it would really be up to you as an individual on how you would really be solving out those problems.
Dont try out to think as a whole but rather be mindful on doing things for yourself and for the sake of your family or loved ones.

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October 08, 2024, 03:42:45 PM
 #179

Most times we advice that any Nigeria related posts should be made in the naija local board, at least that is we're is appropriate to discuss local topics such as this.

That been said, I don't think there will be anyone who will say that gambling is now his means of income, since gambling result is unpredictable and this can only lead the more financial crisis, so the solution to economic problems is not gambling, infact gambling can not help in any way to reduce economic hardship in any country and also not only in Nigeria but the rest part of the world, no one can take gambling as a business thing the point of catering for yourself and others using gambling as means of passive income.

Yes it would be best for us to deal with our issues as Nigerians, the local board would be more ideal to discuss on such. I think the economic problem of the country also adds to this problem, a lot of people have no other choice but to rely on gambling as a way to sustain themselves, they try to come up with strategies so as to make profit but overtime they find out that it's totally impossible to achieve.Gambling should be done for fun in order not to be exposed to the negative sides of it, those that are actively involved and playing constantly will always lose money.
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October 08, 2024, 03:48:05 PM
 #180

It will always be a very wrong idea to make gambling an alternative or solution to overcome financial problems, and I don't think you can just conclude that the large population of gamblers in a country is because they have succeeded in making gambling a place to overcome financial problems or as a place that still gives them a way to survive, and I think for some people who know and understand what and how gambling really is, they will also disagree with the idea that gambling can be used as a solution to overcome financial problems.

The only benefit that gambling can provide is to provide you with entertainment when you are feeling bored when you have nothing to do at a time, meaning that gambling can indeed be used as a solution but not to make money, because in most cases gamblers who are too serious about dedicating themselves to gambling with the intention of earning income actually end up with a lot of setbacks, instead of getting a lot of money, they actually lose a lot of money, even many people are stressed because of this.
Very very wrong but its shocking that there were people who are really that making up such consideration on taking up some action on which they do really make gambling as their last resort on resolving out on the
current hardship that they are facing into their lives. If you've been struggling on day to day living because of some shit economic correlated things then it will really be that wise that you should opt out on doing gambling or including int into your options. There are much more better alternatives or ways that you could really be able to improve your life in terms of financial status. Gambling is never been that a wise option because instead of earning, you might be losing up even more. So it will really be that just wise that you should really that avoid as much as you could when dealing up with gambling because of some hard economic situation.

You would really be just that needing up some common sense for you to be able to distinguish on which are the things that could be beneficial and something that will really be helping you out.
There would really be those inviduals who are really just that too desperate and thats why they do end up with these kind of options.

Yes, the point is that it is a wrong choice or idea, no matter how for example in the initial steps you managed to achieve a number of wins or even a fairly large win but in the end it will still be very easy for the casino to turn things around.
On the other hand, this is the reason why it is always recommended to respond to everything we just find with a rational perspective and a healthy mindset, none other than to minimize misunderstandings and avoid you from various bad disasters.

Don't because you see that gambling gives anyone a chance to win then you get involved in it with high hopes, know that everything that seems too tempting will always have a risky side and usually leads someone to significant regret.

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