Gambling as a way out of Nigeria Harsh economic Situation

[Marykeller]

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. No intelligent being, would I say, will ever do that; even if the person tries, how do they get the money to sustain their gambling habits? Is it not to work out the money to use to gamble first before gambling since gambling involves more of staking money, not staying idle, or being lazy of not working out for the money to gamble?

[tvplus006]

...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 is difficult for me to understand the psychology of such people who place bets on their last money, hoping that this will bring them a win and allow them to get rich quickly in this way. Maybe it would be the best solution to buy bread with this last money and bring it to the family?

[the rise]

This kind of thing is not only in Nigeria, even in my country it is also affected, it's just that in my place physical casinos are rarely seen, most use online casinos to gamble, the most terrible thing is when he loses all his money in gambling he sells all his possessions and looks for a loan just to gamble, this is not to survive but to commit suicide slowly

[348Judah]

I wonder what the OP was thinking then when he used his country as a point of contact on the situation on ground, anyone form anywhere across the parts of the countries can make use of gambling to serve them in one or two ways, we have to see it from the direction of what could be of a benefit to us rather than what we are only doing because we are tied to doing so, gambling should be seen as a means for fun basically, then all other things should be secondary achievements with gambling.

[DaNNy001]

Gambling and betting should not be a way to survive. Most people that are gambling and betting are losing more than they are winning. Nigerians has been gambling very much since many years ago. I can still remember how it was in 2012 or maybe some more years back when the country was still better. Nigerians like going to betting agents. If there is more money in the country, I do not think this will change. Those that are average or rich are using their device to go online and gamble instead.

Gambling and betting you make those two words exclusive from earth other I thought they were synonymous... people who gamble consistently lose more than they win...I used the word consistently because you might get lucky from few trials and decide not to go back to it, but if you are trapped in they repeated cycle of gambling, it doesn't matter what you win you Will definitely lose it as time goes on..The issue of gambling in Nigeria has become a major issue, this has become a vice gradually and it has made a lot of Nigerian youths useless

[2Pizza410000BTC]

This kind of thing is not only in Nigeria, even in my country it is also affected, it's just that in my place physical casinos are rarely seen, most use online casinos to gamble, the most terrible thing is when he loses all his money in gambling he sells all his possessions and looks for a loan just to gamble, this is not to survive but to commit suicide slowly

Indeed, gambling has recently spread all over the world and Nigeria is not the only victim of such situation. Even in my country there are situations where people think of making a career out of gambling on the streets and even in online casinos. With online gambling people now physical gambling which is played at home or on the street has reduced a lot as people can now gamble online very easily. But what you said here is totally in line with my country and around me who gamble that people who gamble create situations where they are busy with debt to play later. They only borrow for their gambling, not to support the family. But I have seen such people living very horribly. So I say gambling should be for entertainment and gambling should never be a means of making money.

[SamReomo]

Especially when we get caught up in greed while we are gambling in the casino, and it is right that the mindset is wrong to think that gambling is a good source of income whether
it is online or offline casino.

I agree with you, gambling can't be a good source of income whether in online or in offline casino. Actually, it can be a source of income for the one who are exceptionally lucky but the ones who aren't lucky then for those people gambling won't be a source of income but something that could cause addiction. I believe that the ones who have their own casino then only for those people gambling can be or is a source of income not for the players.

[passwordnow]

I agree with you, gambling can't be a good source of income whether in online or in offline casino. Actually, it can be a source of income for the one who are exceptionally lucky but the ones who aren't lucky then for those people gambling won't be a source of income but something that could cause addiction.

As an affiliate marketer and an agent, gambling is a good source of income but you can't wholly rely on it. But being a lone gambler, it's true that it's not a good source of income. Very unstable and much worse, it'll change your life forever being in debt when you get to that point of being a gambler that does things such as borrowing money just to gamble. Although there are exceptional people that can be fortunate in gambling but they're just very few people.

I believe that the ones who have their own casino then only for those people gambling can be or is a source of income not for the players.

Casino owners no doubt that will benefit the most. They've been a gambler probably as a part of their lives but seen that how profitable it is and many can't get over with their addiction. And I am not sure if there's a study about that there are some of the owners that don't really gamble. Well, at the end, this is sheer business for them and it's an entertainment industry that has been attached with the gambling industry to provide service to people through this means.

[ethereumhunter]

Not good if they aim to earn passively since by considering the risk factor and other no guarantee situation on gambling it will make those gamblers to be a total loser. They just need to overthink that gambling could change their life since this situation is so rare. But if they really want to take a chance and try their luck maybe they should spend only the amount they can afford to lose. Since if they place huge portion of their income then they might experience more hardship in life especially if they are losing to much money on what they do on those gambling sites.

This is one of the consequences of thinking about gambling could bring good wealth to them. And people will only realize their craziness once they experience these big defeats so hopefully they can get their target and will not fall to experience addiction since this will bring them more bigger problems.

We always suggest people not to use gambling as a way of source of income. They can lost their money and maybe that can makes them bankrupt in a fast. They must realizes that they don't have a big chance to win from gambling so they can only use gambling as a way to have fun. They don't have to tempt by seeing other people winning huge money from gambling because their luck are different so they should search for the other ways to make money.

Gambling will not gives the wealth for most people so they must not spend too much money by playing gambling. If they can realize that and have a work from the other places, that will help them to earn money from their job to buy their daily needs. But they can still playing gambling with some money according their limits.

Having the mindset  of thinking that you can gamble your way out of gambling.  Is just like a temporary solution to your problem and that is why they keep falling victim because they think that it is the only way out and that does not mean that it is a way out for everyone so you have to understand the proper steps to take when you want to do gambling so  that you can reduce or even fallback for some time when you are not in favor that is what a smart person will do rather than to continue. For fun is even understandable but for survival you will just go hungry if you want to game full time.

Some already know the risk and it is not as if they don't know what to do exactly all they want to do is to gamble and then they will make money excessive while they know that luck will not always be on your side but they will still want to gamble even when they know the exact truth but one thing I love is that they will learn the hard way.

Having the positive mindset is necessary so they can think that gambling will not be a way to make money. They will search for the other solution how they can make money and will avoids gambling. If they can think clearly, they will see that they have many ways to make money without using gambling so they can avoid the problem behind gambling. It needs awareness from them so they can start to search for a work and they will have a chance to make money.

Playing gambling can makes them lose their money and that is the risks they must avoid. If they lose their money in gambling, they will not have a chance to buy their daily needs and when they can not do that, they will not survive in any situation. People who lived in the low class must realize about the situation so they can think to have an idea of what they should do to make money.

[iv4n]

This kind of thing is not only in Nigeria, even in my country it is also affected, it's just that in my place physical casinos are rarely seen, most use online casinos to gamble, the most terrible thing is when he loses all his money in gambling he sells all his possessions and looks for a loan just to gamble, this is not to survive but to commit suicide slowly

Fartblinda - https://www.imdb.com/title/tt9140604/

Blinded is a thriller inspired by real events, set in Stockholm’s financial quarter. The 8-part drama follows journalist Bea Farkas as she reports on a bank engaged in questionable activity – reports that will put a lot of people at great risk, in a world where status is everything and nobody is blameless.

The whole world is affected... and how some people use it to the maximum to get rich is beautifully told in this series based on true events. It all started when a boy committed suicide due to excessive gambling debt. This series is worth watching, I recommend it to those who want to look into what happens when unstable people are served easy loans without collateral just to gamble... how these people are targeted and how some services slip under the law to made a lot of money on the backs of naive gamblers.

So I definitely agree with you, these people who think that gambling can help them with their financial problems are slowly sinking and their end is terrible. It's not surviving, in the worst case, it's a slow path to suicide.

[3kpk3]

So I definitely agree with you, these people who think that gambling can help them with their financial problems are slowly sinking and their end is terrible. It's not surviving, in the worst case, it's a slow path to suicide.

Yeah. It's a hail mary attempt for them basically since they are putting everything on the line in order to try and survive in this crazy competitive world where the rich keep getting richer and poor keep getting poorer.

The smart ones actually try to learn some useful skills in order to survive instead of staking everything on gambling.

[TravelMug]

So I definitely agree with you, these people who think that gambling can help them with their financial problems are slowly sinking and their end is terrible. It's not surviving, in the worst case, it's a slow path to suicide.

Yeah. It's a hail mary attempt for them basically since they are putting everything on the line in order to try and survive in this crazy competitive world where the rich keep getting richer and poor keep getting poorer.

The smart ones actually try to learn some useful skills in order to survive instead of staking everything on gambling.

Yeah, I'm also lived in a country that might also look to gambling to finally solved their financial problems as we are really very heavy on legal or illegal gambling. We have like 3-4 big casinos and so with that, I assumed that many are really trying their luck.

However, it's not the only way to make money or become rich, we should really be looking for a job and we shouldn't make any excuse on how to make money. I mean we should also find a way, despite how big or small it is to make profit.

[rachael9385]

So I definitely agree with you, these people who think that gambling can help them with their financial problems are slowly sinking and their end is terrible. It's not surviving, in the worst case, it's a slow path to suicide.

Yeah. It's a hail mary attempt for them basically since they are putting everything on the line in order to try and survive in this crazy competitive world where the rich keep getting richer and poor keep getting poorer.

The smart ones actually try to learn some useful skills in order to survive instead of staking everything on gambling.

The truth is that many people (gamblers) choose to follow the wrong path on gamble that is why they have been losing constantly. The wrong path is that they choose to gamble because they probably think that gamble can provide quick money for them. However the rich get richer because they do not gamble to make profits from gamble, they work smarter and employ the poor to work for them, and most of the poor people that works for the rich people are chronic gamblers. Rich people gamble for fun and many poor people gamble for profits that is why the poor get poorer.

[SamReomo]

Casino owners no doubt that will benefit the most. They've been a gambler probably as a part of their lives but seen that how profitable it is and many can't get over with their addiction. And I am not sure if there's a study about that there are some of the owners that don't really gamble.

Yes, that's very true, some casino owners might be gamblers themselves but there are of course those casino owners who only created the casino in order to earn revenue that comes from house edge.

The ones who own a casino know better that majority of gambler won't be able to win against the house edge and that's a fact to be honest.

In very rare cases, some players might beat the house edge of a casino and take huge amount of money with himself/herself, but in most cases the players will lose and for players gambling can't be a good source of income at all.

[Z_MBFM]

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.

Yes true one can use gambling as fun and if he wins money from it then good for him but if one uses gambling as a source of income and everything depends on gambling income money then he is walking on wrong path. Because one can never always win from gambling as he thinks. So everyone must be careful about this and use gambling only as fun or as a source of income if he has more than one source of income and can keep his financial backup.

[traderethereum]

So I definitely agree with you, these people who think that gambling can help them with their financial problems are slowly sinking and their end is terrible. It's not surviving, in the worst case, it's a slow path to suicide.

Yeah. It's a hail mary attempt for them basically since they are putting everything on the line in order to try and survive in this crazy competitive world where the rich keep getting richer and poor keep getting poorer.

The smart ones actually try to learn some useful skills in order to survive instead of staking everything on gambling.

They will see the result once they finish their gambling activity. They will not earn money from gambling but only lose their money without wins anything.
That will makes them difficult to fills their daily needs because their money already used to playing gambling but they are not win the money. They must realize that is the wrong thing to rely on the gambling to earn money so they must search for the other ways to make money.
The poor still have a chance to earn money but they must think what they can do and not depends on gambling. If they already found the ways, they should focus on that so they can earn more money and they can search for the other chances to make money.

[Peanutswar]

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

Gambling is every where any form of bets considered as gambling and there's no status related once they want to play gambling, as long as they have money and they want to enjoy they will play gambling. Now its depends on the person who will play gambling whats their main point why they gamble. Others just want to play gambling to fun and don't care about their money, others want to play because they hope they will win a large amount and change their life reason why they took gambling as one of their source of income but again gambling does not give an assurance at all as always.

[Jaycoinz]

I don't think that it only exists in Nigeria though, there are a lot of 3rd world countries right now that are into gambling. And yes, they are trying to get out of their current financial situation. As we all know that it will just take one bet, let's say for a lottery to win and got lucky.

But that is the keyword there, you need to get lucky in order to win big. And again, in the case of lottery, as far as I know, it's been draw every week, but most of the times, the odds are pretty much stack against you and so it's very hard to win. So it's better to just look for a decent job instead of gambling your money everyday.

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. But the reason why it's more unreasonable for Nigerians to keep gambling like this is because of the economic situation of the country, as a Nigerian you know difficult things are, why would you still throw your money away with all the crisis going on?

[Reid]

It's still wrong. You can end up losing everything including your money for food in a day and that means you will be hungry until you go to sleep which makes it more wrong. Gambling should be a sport, it's to have fun with it and not live with it. Why? Gambling businesses will not continue if they are losing which means someone is losing and it's not them, it's us.
I would not make this like a day job or something, use it to enhance your entertainment factor in sports and be more cheerful while watching the game because you put some money in the line. But, never use it like you are Nostradamus who can bet for the perfect line which we all know is not possible.

[Iranus]

I don't think that it only exists in Nigeria though, there are a lot of 3rd world countries right now that are into gambling. And yes, they are trying to get out of their current financial situation. As we all know that it will just take one bet, let's say for a lottery to win and got lucky.

But that is the keyword there, you need to get lucky in order to win big. And again, in the case of lottery, as far as I know, it's been draw every week, but most of the times, the odds are pretty much stack against you and so it's very hard to win. So it's better to just look for a decent job instead of gambling your money everyday.

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. But the reason why it's more unreasonable for Nigerians to keep gambling like this is because of the economic situation of the country, as a Nigerian you know difficult things are, why would you still throw your money away with all the crisis going on?

To put it bluntly, no one gambles just for fun, gambling for fun is just an excuse to cover up our desire to make money from gambling. The main goal is still to hopefully win a large amount of money but that goal becomes entertainment if we lose. This is the naked truth about gamblers like us but we don't want to admit it.

The idea of ​​gambling when we are in financial trouble and consider it as a lifeline is a bad idea. How can it be called a good idea when we try to spend all the remaining money but not on food, daily needs but on gambling? I am surprised that some people support this idea and think that it is a solution for people who are struggling financially.

If we are in financial trouble, we should work harder and save more instead of going to the casino to try our luck. We can never be better than the casino, we can never be luckier than the casino, so never gamble if we don't have enough money or with money we can't afford to lose.