Gambling as a way out of Nigeria Harsh economic Situation

[Mate2237]

Those who always depends on gambling to survive got disappointed. There was a day, I was having #500 and it would have been a breakfast money for me but I had a second thought to double the money to 7k through virtual betting and if nice I place the bet, within 10 minutes, my slip cut and I loss everything. And I had to asked for a friend to eat in that morning.

So to some extent I also agreed with you but not to the 100% because many are still cashing out and using it to survive.

[crwth]

People who resort to gambling as a means of survival are not going to end well. It will always be a negative thing in my opinion just because it could be addicting and also you cannot be sure that you could win and have the necessary money to survive.

The new betting shops are also not helping the situation. I think the perfect balance should be achieved between practicality and gambling if you really want to continue gambling.

[Haunebu]

It's not just Nigeria op. The entire world is obsessed with gambling to varying degrees since it's a shortcut to success which is extremely tempting to people of all classes. However, only few lucky ones are profitable in the long-term.

Most lose their money in the long-term which is how the casinos stay afloat. None of this will ever change since our world is designed this way.

[Zadicar]

It's not just Nigeria op. The entire world is obsessed with gambling to varying degrees since it's a shortcut to success which is extremely tempting to people of all classes. However, only few lucky ones are profitable in the long-term.

Most lose their money in the long-term which is how the casinos stay afloat. None of this will ever change since our world is designed this way.

But people dont able to realize it not until on the time that they will really be suffering some huge loses just because they are really that trying out to achieve something and thats why they do really play up
like a mad man without even trying out to think on what are the consequences that they might be able to face up in regarding with their actions. We do know that house do always win in the end
or even if we do say that you are dealing up with sports betting but this one wont really be having any guarantees that you could really be able to win up. Play for fun and entertainment
and making gambling as a poverty solver then you will really be that making yourself that be in the worst and this is something that people should realize atleast.

[Akbarkoe]

Those who always depends on gambling to survive got disappointed. There was a day, I was having #500 and it would have been a breakfast money for me but I had a second thought to double the money to 7k through virtual betting and if nice I place the bet, within 10 minutes, my slip cut and I loss everything. And I had to asked for a friend to eat in that morning.

So to some extent I also agreed with you but not to the 100% because many are still cashing out and using it to survive.

Then how can we guarantee that people who gamble will always get money for them to survive? I'm not sure this will be effective for a good livelihood, gambling is not something that should be expected to make a living, unless we work as an admin or operator at a casino and get a monthly salary, it is more logical than being a gambler.

It's not just Nigeria op. The entire world is obsessed with gambling to varying degrees since it's a shortcut to success which is extremely tempting to people of all classes. However, only few lucky ones are profitable in the long-term.

Most lose their money in the long-term which is how the casinos stay afloat. None of this will ever change since our world is designed this way.

It doesn't make sense to rely on luck on the bet that you do to change your life state, gambling is created to have fun and you have to spend money to get fun from gambling, then you want to make it a determinant of being able to get success.

The world will not change, and our situation will never change if we are not ourselves who change it.

[GeorgeJohn]

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

Well, if someone makes money from gambling then nothing is wrong in that approach but if someone considers gambling as only source of income then that's a very wrong type of mindset. One can earn some money from gambling but one can't earn a lot of money always from gambling no matter how good he/she is at it.

some persons who partake in gambling doesn't involve in gambling because they want to win money in the gambling, while some mindset of involvement in gambling is for sustainable elevation, when you have such approach that gambling will sustain you, that's the areas you misunderstood everything wrong, and base on such conception that makes people to be addicted in the gambling....most of us says that gambling is a way of entertainment and us reducing stress, but it depends on the gambling aspect you involve yourself, because whoever that's participating in the gambling knows the implications, someone who is a gambler have in mind to make money, but it's few persons that does have such mindset that they will make profit their gambling, in summary, gambling is by luck winning gambling subsequently is by luck not by experience and whoever that taught of wining gambling everytime is amateur in gambling.

[Victorybit1]

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

That's one of the most irresponsible and unserious thing to do because you shouldn't be gambling with expectations of getting rich from it that's simply a delusional thinking. There are people that feel they can make gambling a full time job to be earning money from, you can make money from other sources instead of relying on gambling to get you out of the economic hardship in the country. This isn't a good approach to gambling because you might lose a lot of money chasing what you might never get

[Hispo]

Perhaps the people of Nigeria and other countries in which gambling is a prevalent activity by those who are not as economically fortunate should wonder whether politicians and other figures of authority have actual stakes on those casinos and betting houses, in such a case, it would be a conflict of interest for them to try the improve the situation of the nation, it may translate to their investments and platforms getting less volume in average.
Because of reasons like that is why I would rather developing countries to pass laws which forbide politicians from being partners of casinos and betting agencies, they are rather incompatible businesses, in terms of the best interest of the people.

Hopefully, people who live thanks to gambling in Nigeria will find other ways to survive their hardships.

[gunhell16]

Perhaps the people of Nigeria and other countries in which gambling is a prevalent activity by those who are not as economically fortunate should wonder whether politicians and other figures of authority have actual stakes on those casinos and betting houses, in such a case, it would be a conflict of interest for them to try the improve the situation of the nation, it may translate to their investments and platforms getting less volume in average.
Because of reasons like that is why I would rather developing countries to pass laws which forbide politicians from being partners of casinos and betting agencies, they are rather incompatible businesses, in terms of the best interest of the people.

Hopefully, people who live thanks to gambling in Nigeria will find other ways to survive their hardships.

As far as I know, Nigeria is one of the poorest countries in the world, right? So the cost of living there is also difficult, and we can't blame others for thinking that their last hope is to gamble in the hope that they might get a jackpot in the end that can change their lives.

So perhaps it is not surprising that other gamblers in Nigeria also end up with bad results that eventually turn into crimes and something that, due to they believe that gambling is their last hope to solve their hardship in life they are facing.

[EarnOnVictor]

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

That's one of the most irresponsible and unserious thing to do because you shouldn't be gambling with expectations of getting rich from it that's simply a delusional thinking. There are people that feel they can make gambling a full time job to be earning money from, you can make money from other sources instead of relying on gambling to get you out of the economic hardship in the country. This isn't a good approach to gambling because you might lose a lot of money chasing what you might never get

Choose gambling as the solution to your economic woes or hardship in your country and choose to gamble away your entire life. In my experience, gambling has made more people to be poorer, do you know why? It's because they do not gamble it the right way and with the right mindset. This desperation of a thing and the dependence on gambling for income has always caused frustration to people and I wonder when they will learn. Gambling should always be viewed as a means to have fun, and if at all you need money through gambling, you still have to maintain a neutral mind with it. If the money comes, fine, but if it doesn't come, it will not break you down emotionally because you never depended on it to fix your finances. This concludes that gambling income (if at all you need it) is passive, it's never what we should depend on for any reason.

[ultrloa]

Perhaps the people of Nigeria and other countries in which gambling is a prevalent activity by those who are not as economically fortunate should wonder whether politicians and other figures of authority have actual stakes on those casinos and betting houses, in such a case, it would be a conflict of interest for them to try the improve the situation of the nation, it may translate to their investments and platforms getting less volume in average.
Because of reasons like that is why I would rather developing countries to pass laws which forbide politicians from being partners of casinos and betting agencies, they are rather incompatible businesses, in terms of the best interest of the people.

Hopefully, people who live thanks to gambling in Nigeria will find other ways to survive their hardships.

As far as I know, Nigeria is one of the poorest countries in the world, right? So the cost of living there is also difficult, and we can't blame others for thinking that their last hope is to gamble in the hope that they might get a jackpot in the end that can change their lives.

So perhaps it is not surprising that other gamblers in Nigeria also end up with bad results that eventually turn into crimes and something that, due to they believe that gambling is their last hope to solve their hardship in life they are facing.

Nigeria is richest country in African countries. But although this is their status that doesn't mean their people is rich. This is why maybe they test their luck to try those money generating options and think about that gambling is one of best option that they could do.

But unfortunately some people expect to much and instead of gaining they encounter hardship since losing is inevitable here. Although some of people win but there's huge chance to lose especially if they became so greedy. They should know that if they want to earn money gambling should be the lest of their option since everything is unsure here.

Gambling is risky so earning passive money is kinda not possible to happen so hopefully lots of people in that country would realize that.

[bitterguy28]

People who resort to gambling as a means of survival are not going to end well. It will always be a negative thing in my opinion just because it could be addicting and also you cannot be sure that you could win and have the necessary money to survive.

The new betting shops are also not helping the situation. I think the perfect balance should be achieved between practicality and gambling if you really want to continue gambling.

exactly mate , when you are trying to rely in gambling the way of living this will always bring negative effect,yes there will be some good chances of gaining but there is always a hjuge chances of losing and may bring your life in worst scenario .

[Maslate]

Gambling is risky so earning passive money is kinda not possible to happen so hopefully lots of people in that country would realize that.

People might not realize the gravity if it’s true that (as the OP said) almost everyone is gambling. There’s already a massive gambling problem in this country, and without government intervention to address it, it will only continue to grow. Maybe the government sees the tax benefits and overlooks the bigger picture—that people could end up struggling financially because they’re relying on gambling.

It’s interesting to note that despite the gambling issues, Nigeria is still classified as a developing country.

[Ojima-ojo]

People who resort to gambling as a means of survival are not going to end well. It will always be a negative thing in my opinion just because it could be addicting and also you cannot be sure that you could win and have the necessary money to survive.

The new betting shops are also not helping the situation. I think the perfect balance should be achieved between practicality and gambling if you really want to continue gambling.

Yes there will always be crisis at the end of the day, because most of them have a lot at stake and mind you we have so many people who have become gambling addict's that all started from such a mindset of taking gambling to be a means of generating income, such mentality have crashed alot of them and many times we resort to seeking help to get them out of that stage in most cases.

Many times, it is better never to start gambling at all than to get into the stage of having to depend on gambling for livelihood since gambling entirely is a game of chance.

[Ultegra134]

It's not just Nigeria op. The entire world is obsessed with gambling to varying degrees since it's a shortcut to success which is extremely tempting to people of all classes. However, only few lucky ones are profitable in the long-term.

Most lose their money in the long-term which is how the casinos stay afloat. None of this will ever change since our world is designed this way.

This applies to everyone who's looking for a way out of poverty and the misery of not being able to afford a comfortable life; it's a vicious cycle many people fall into and can't escape, leading to going into debt. How is gambling going to save you? Unless you win a massive amount of money through the lottery, I don't think the OP's plan is viable; while putting your faith in actually winning the lottery is a misery itself, the possibilities are close to zero. I don't know, but this sounds like an awful plan. Even if it works out in the start, by winning a few games or placing a few bets on sports matches, it's not a viable method of earning money; you'll get burned eventually.

[Lanatsa]

Perhaps the people of Nigeria and other countries in which gambling is a prevalent activity by those who are not as economically fortunate should wonder whether politicians and other figures of authority have actual stakes on those casinos and betting houses, in such a case, it would be a conflict of interest for them to try the improve the situation of the nation, it may translate to their investments and platforms getting less volume in average.
Because of reasons like that is why I would rather developing countries to pass laws which forbide politicians from being partners of casinos and betting agencies, they are rather incompatible businesses, in terms of the best interest of the people.

Hopefully, people who live thanks to gambling in Nigeria will find other ways to survive their hardships.

As far as I know, Nigeria is one of the poorest countries in the world, right? So the cost of living there is also difficult, and we can't blame others for thinking that their last hope is to gamble in the hope that they might get a jackpot in the end that can change their lives.

So perhaps it is not surprising that other gamblers in Nigeria also end up with bad results that eventually turn into crimes and something that, due to they believe that gambling is their last hope to solve their hardship in life they are facing.

Nigeria is richest country in African countries. But although this is their status that doesn't mean their people is rich. This is why maybe they test their luck to try those money generating options and think about that gambling is one of best option that they could do.

But unfortunately some people expect to much and instead of gaining they encounter hardship since losing is inevitable here. Although some of people win but there's huge chance to lose especially if they became so greedy. They should know that if they want to earn money gambling should be the lest of their option since everything is unsure here.

Gambling is risky so earning passive money is kinda not possible to happen so hopefully lots of people in that country would realize that.

Gambling was never been that an ideal option for someone to do so. Instead on earning money then you would really be rather losing up even more and this is something that should really be that realized or something that they should really be wary about. The wrong thing on here is that people do set out those kind of hopes that gambling could really be able to save up their ass in regarding about their current hard situation in terms of financial aspect or simply with their life status. You will really be finding yourself having such huge problem on the moment that gambling outcome or results is already happening on which if its already that affecting your negatively in speaking about financial then this is where you would really be starting out to realize that you have done the wrong thing or make out such bad decision.

If you are in a condition on which you've been having those struggles on living then doing gambling is really just that suicide because instead on making your life better then it would really be that making it worst.
Who would really be the ones on their right minds would really be doing this? Tons... If this something that would really be that too easy to be control or would be easy to be
stopped ,then we wont really be seeing that tons of people do really wreck up themselves because of gambling.

[pawanjain]

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

Do you really think that gambling can be an alternative to making income that can be used for survival ?
Yes, the economy might not be that great and it might be very tough to survive but gambling will only make it worse I believe.
We all know that most people lose money in gambling and so it makes it obvious that we cannot take it as a way for survival.
I know some people might still be doing it but to be honest it simply cannot be a way out.

[traderethereum]

That's one of the most irresponsible and unserious thing to do because you shouldn't be gambling with expectations of getting rich from it that's simply a delusional thinking. There are people that feel they can make gambling a full time job to be earning money from, you can make money from other sources instead of relying on gambling to get you out of the economic hardship in the country. This isn't a good approach to gambling because you might lose a lot of money chasing what you might never get

But we see that many people still use gambling to earns money although that is difficult for them. They tend not think that will make them lose their money and still playing gambling to win the games.
If they think to use gambling as a full time job, that will be a wrong decision as they will not have a big chance to get money but they will lose their money. Their losses will be bigger and will ruin everything they had and even they can lose their family because of playing gambling excessively.
They must stay away from gambling excessively and forget to use gambling to make money. They have the other ways to make money which that can be a good option for them.

[adzino]

Gambling is never a way out of a bad/harsh situation. What it will do is make the situation more worse. You might end up causing more trouble for yourself and harm the others around you. All you will do is cause more damage to the ones that are close to you. If gambling could get you out of a bad financial situation, everyone would be doing that. But do you see everyone boasting how gambling saved their life? Nope. In fact, if you surf around the internet for a while, you will notice the horror stories that gambling has caused. Only few people gets lucky with gambling. Even saying few is over estimation. Its like one in million to be honest. Find alternative ways. There are better ways to make use of your profit. It wont make you rich overnight, but it will help you sustain yourself eventually.

[TribalBob]

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

Well, if someone makes money from gambling then nothing is wrong in that approach but if someone considers gambling as only source of income then that's a very wrong type of mindset. One can earn some money from gambling but one can't earn a lot of money always from gambling no matter how good he/she is at it.

true because basically gambling wins only because of luck, but if we as casino owners can only be said to be income, I don't know where the mindset comes from that says gambling is a livelihood, sometimes I am also confused why people say that out loud even though most gamblers are always short of money