Gambling is short cut to poverty

[Gozie51]

With gambling gaining awareness each day and the population of those gambling increasing it's calls for concern as many has fallen victim to this money sucking game that makes people not to save their money but loss it.

You are not far from the truth here. Many people have moved into gambling for source of earnings and unfortunately, it is not suppose to be so. Gambling in the past was seen as an option or side fun that people do especially during the weekend after they are done with their weekly pay jobs from government or private establishment but those jobs are fast disappearing leaving people to result to helping themselves out of nothing.

Those who are making it in gambling are very few, they can not be compared to the multitude that lose from it. This is because of the erroneous believe of sustaining oneself with gambling especially when they have a first time win, it lures them more and more into it. Most gamblers who have winnings end up betting back the money either at once or gradually back in. If you want to make a steady and reasonable then you have to bet a very low percentage of your payroll so that you can have more chances of more bet from your bankroll.

I am of the view that gambling should be controlled by the government of each country and that there should be a maximum amount of money one should use in gambling.

Lets agree that yea the government controls how people should gamble with what optimum amount they should use per day or weekly as the case may be. The 100 dollar question is, can the government be able to control how many different accounts that gambler decides to open with different gambling platforms using different information details? No, don't think so.

Sure, government can do that. Government can control gambling no matter how many accounts a gambler dubiously choose to have. After all, the biodata of an individual can be requested through the gambling board, national data collection etc and that would make duplication of registration, names or different KYC difficult.

So it is possible for government to control it but they may not do that as such because of tax generated from gambling.

[Pandu Geddon]

With gambling gaining awareness each day and the population of those gambling increasing it's calls for concern as many has fallen victim to this money sucking game that makes people not to save their money but loss it.
But let's take a critical look at this very sensitive matter called gambling has anyone really made it from gambling, is gambling worth it and if really anyone has made it through gambling can he/she proudly tell the younger ones that gambling is what going into.
Infact gambling has made many to go broke and live in poverty many has lost their life savings and even pension in gambling, I am of the view that gambling should be controlled by the government of each country and that there should be a maximum amount of money one should use in gambling.

All of that happens because of the stupidity of the gambler himself. it is not the fault of gambling that drains their savings or even their assets. the problem is why gamblers use their savings or money from selling their assets to gamble.
Gamblers like that are psychologically not ready to gamble. I know that might be part of a gambling addiction that every gambler can experience. but if you intentionally fall into the pit of gambling addiction, then the problem is not with the gambling. but the gambler himself has no control over what he does with his own hands.

[Fivestar4everMVP]

With gambling gaining awareness each day and the population of those gambling increasing it's calls for concern as many has fallen victim to this money sucking game that makes people not to save their money but loss it.
But let's take a critical look at this very sensitive matter called gambling has anyone really made it from gambling, is gambling worth it and if really anyone has made it through gambling can he/she proudly tell the younger ones that gambling is what going into.
Infact gambling has made many to go broke and live in poverty many has lost their life savings and even pension in gambling, I am of the view that gambling should be controlled by the government of each country and that there should be a maximum amount of money one should use in gambling.

As much as you are right, you are still wrong, and this is because winning or losing in gambling depends on several factors, which one of them is ones level of luck, and another important factor is how one approaches or goes about their gambling activities.

I have friends who have made it big from gambling, the same way I know others who were once rich but become poor due to their addiction to gambling and poor gambling decisions.

And speaking of the government taking over and regulating gambling to the extent of setting a maximum amount of money that can be spent on gambling, this i do not agree with, because the government already have more than enough power over the people, we can't afford to let them continue to have more and more power, because if we do, then a time will come when you won't be allowed to go out and see or visit a friend except the government permits you, you don't want that I believe.

[dansus021]

With gambling gaining awareness each day and the population of those gambling increasing it's calls for concern as many has fallen victim to this money sucking game that makes people not to save their money but loss it.
But let's take a critical look at this very sensitive matter called gambling has anyone really made it from gambling, is gambling worth it and if really anyone has made it through gambling can he/she proudly tell the younger ones that gambling is what going into.
Infact gambling has made many to go broke and live in poverty many has lost their life savings and even pension in gambling, I am of the view that gambling should be controlled by the government of each country and that there should be a maximum amount of money one should use in gambling.

Well in overall I do agree with your statement but there are bunch countries that basically get their wealth from the gambling lets say macau, Singapore, monaco and much more they do regulate gamble but I never heard that there is a country that have or regulate maximum money to bet.

Gambling is short cut to poverty is simple term it can but it totally high risk in the long word I would never recommended people to do gamble to as a shortcut to get out poverty or trying to get rich or something. Because like you have said gambling has made many people to go broke

[Wexnident]

~

Can move over to a gambling discussion, probably better there.

Unless gambling suddenly becomes state-owned (or some central governance in gambling in general), limitations like money would probably be impossible to implement. At the end of the day, casinos are still businesses, they aim to profit, and asking those businesses to make their customers limit the money they can spend means asking the businesses themselves to cut the potential profit they could gain. It's similar to how alcohol/cigarettes never really had any "buying" limits (afaik anw). They only made warning signs about it much more apparent using their containers and such. It was either that or completely banning it after all.

[danherbias07]

The government will not control the gamblers, they want control over the gambling businesses only because they can get money from them through tax.
Now, if you are a gambler, they won't give a damn if you get broke or not because it's your choice to risk your money. They do not even care anymore if underage people are coming in and out of gambling dens or cockpits because they know they will make more money when more gamblers are inside.

Now that the popularity of online gambling is very high, the government only wants to let them run as long as they have a license in their country and they are kicking out those who are not. It's very important that they can monitor it because of the money that they will pay. The question is where will the money go afterward? We have no clue about that, I guess we need to be a government official to dig that.

[Fivestar4everMVP]

~

Can move over to a gambling discussion, probably better there.

Unless gambling suddenly becomes state-owned (or some central governance in gambling in general), limitations like money would probably be impossible to implement. At the end of the day, casinos are still businesses, they aim to profit, and asking those businesses to make their customers limit the money they can spend means asking the businesses themselves to cut the potential profit they could gain. It's similar to how alcohol/cigarettes never really had any "buying" limits (afaik anw). They only made warning signs about it much more apparent using their containers and such. It was either that or completely banning it after all.

But the government can't ban any of those due to the huge tax the government are getting from the companies that produce the cigarettes, and not to even mention that even some of the government officials are smokers too.

Anyways, let me not deviate from the main topic of discussion here, it's just as you have said, there is no way the government can implement limitations on how much money people spend on gambling, because also, gambling casinos are paying taxes and license fees the government, and all this fees and many more are gotten from the profit the casino make from customers/gamblers.
So, the government limiting the amount of money gamblers spend on casinos will be them shooting themselves on the foot, since they may likely loose the money they are getting from casinos.

[bakasabo]

Gambling is already controlled by government by taxes and licenses. That is the only way government is allowed to control private business. Government can never tell which price to set and how much someone is able to spend on service or product.

Similar to saying that gambling "is a shortcut to poverty", I can say that it "is a shortcut to being rich" or "spending money is a path to poverty". Yet there is not shortcuts, long paths and difficulties. A person himself creates all his problems and builds his future without any help.

[TribalBob]

Wait, isn't gambling controlled by the government in most countries around the world? Apparently, the current level of control and regulation doesn't work.
 

It is true that the level of control and regulation is not running well, people can still access prohibited platforms by using VPN, so there will still be people gambling, in this case the government must work hard to really control it fully,

[coin-investor]

In fact, gambling has made many to go broke and live in poverty many has lost their life savings and even pension in gambling, I am of the view that gambling should be controlled by the government of each country and that there should be a maximum amount of money one should use in gambling.

If you have the wrong mindset in gambling and you think that its your shortcut to riches, then it will end up being your shortcut to poverty, mindset and goal will set up what you will become when you're gambling, its very tempting to think that gambling can get you out of poverty, because for a small amount of money you can turn that to 100 times if you are lucky, but luck is something that does not happen more often; in fact its so rare that it will come at the least expected.
Which is why experts advise people to play with money that you can afford to lose and enjoy the game because luck comes when you least expect it and usually when you enjoy it and not when you are forcing it.

[bitbollo]

one thing that is rarely said is: winning at gambling is really difficult. staying profitable in the long term is almost impossible.
there are a whole series of subjects and entities that prefer to advertise the big jackpot (luck-related gambling) and not gambling linked to the study of statistics and knowledge of a particular sport.
I don't think it's the government's responsibility to limit gambling.
At most, impartial information and a minimum culture should be given to all players.

[AprilioMP]

Gambling is short cut to poverty

The answer to the title question is not entirely correct from my point of view because gamblers have different interpretations of gambling.

Gambling is an activity that requires money as the first object. Winning is a bonus from the game that is obtained from gambling. This is a gambler's perspective that sees gambling positively, played consciously, and based on a good understanding of gambling. If gambling is misinterpreted with the wrong implementation, then gambling will be a shortcut to poverty.

[Charles-Tim]

Gambling is already controlled by government by taxes and licenses. That is the only way government is allowed to control private business. Government can never tell which price to set and how much someone is able to spend on service or product.

Taxes and license is not enough to regulate gambling but if the regulation go more deeper, it would be seen as invasion of people's freedom. But there are still ways like self-exclusion and setting a limit to the amount of money that you can deposit on the gambling site for certain periods of time but all of these are not working but rubbish in disguise.

It is true that the level of control and regulation is not running well, people can still access prohibited platforms by using VPN, so there will still be people gambling, in this case the government must work hard to really control it fully,

Your post is about prohibition and not regulation. This is common in countries where gambling is not legal but some people just like to gamble and prefer to go for offshore gambling sites. Well regulated gambling sites will know this and block the user from using their platform. Using VPN can be a temporary solution but not a permanent solution.

[Frankolala]

With gambling gaining awareness each day and the population of those gambling increasing it's calls for concern as many has fallen victim to this money sucking game that makes people not to save their money but loss it.
But let's take a critical look at this very sensitive matter called gambling has anyone really made it from gambling, is gambling worth it and if really anyone has made it through gambling can he/she proudly tell the younger ones that gambling is what going into.
Infact gambling has made many to go broke and live in poverty many has lost their life savings and even pension in gambling, I am of the view that gambling should be controlled by the government of each country and that there should be a maximum amount of money one should use in gambling.

Since government cannot control how much liquor you drink or the number of cigarettes that you snoke, there is nothing the government can do to control how much gamblers spend on gambling because it is beyond their powers and they don't care if casinos keeps to government regulations.

Money is first thing the government is after and whoever is doing business and is able to pay the government fat, they close their eyes on whatever harm such business will cause to the society. It is only you that can advise yourself to stay away from gambling or you gamble with the amount of money that you can afford to lose, so that you don't end up in frustration and put the blame on gamble.

[iv4n]

Wait, isn't gambling controlled by the government in most countries around the world? Apparently, the current level of control and regulation doesn't work.

It is true that the level of control and regulation is not running well, people can still access prohibited platforms by using VPN, so there will still be people gambling, in this case the government must work hard to really control it fully,

And why should the government control where and how we spend our money? That's freedom, being able to do what we want with our money.

No one forces anyone to gamble, that drive comes from within. People should not expect someone else to take care of them, it is our job in the first place, to take care of ourselves. It's something we learn all our lives, to control our impulses and know what our limits are.

What governments need to do is to regulate casinos and the way they operate... to allow fair games and not cheat people. That should be their job, not controlling what we can or cannot do with our own money.

[Hispo]

..., I am of the view that gambling should be controlled by the government of each country and that there should be a maximum amount of money one should use in gambling.

There are a couple of problems with that approach though.
Firstly, even if gaming gets completely regulated and controlled by the government, so people can only gamble a limited amount of money in casinos and betting houses, those who desire to continue to wager money will opt to continue to gambler their money in the black market or in an underground economy, in which their money/access to gambling is not controlled by the government. The second problem would be about the collision between the power of the government and the right of each individual to do whatever they desire to the money they have earned through their hard work at their respective job positions.

In the case of the United States, it would be very difficult to pass a law which would involve the government controling access to gambling for adults.

Though, I agree with you that gambling can bring terrible consequences if the person partaking in gambling does not have enough self-control and awareness of their actions.

[Tmoonz]

With gambling gaining awareness each day and the population of those gambling increasing it's calls for concern as many has fallen victim to this money sucking game that makes people not to save their money but loss it.
But let's take a critical look at this very sensitive matter called gambling has anyone really made it from gambling, is gambling worth it and if really anyone has made it through gambling can he/she proudly tell the younger ones that gambling is what going into.
Infact gambling has made many to go broke and live in poverty many has lost their life savings and even pension in gambling, I am of the view that gambling should be controlled by the government of each country and that there should be a maximum amount of money one should use in gambling.

There are reasons why it is always written 18 plus(+), there is an assumption that at 18+ one can be able to take responsibilities for his or her actions, but yeah hardly do people hit  a jack of winning, there is nothing wrong introducing gambling to someone alone side with it's risk awareness, self control and discipline has a major role to play as regards to maintaining and sustaining a responsible gambling behaviors, given gambling such much time can lead to mental disorder and emotional devastation because there are lots of uncertainty in the space that one needs to be aware of, gamble for fun and with an amount that you can afford to lose.

[Dr.Bitcoin_Strange]

Infact gambling has made many to go broke and live in poverty many has lost their life savings and even pension in gambling, I am of the view that gambling should be controlled by the government of each country and that there should be a maximum amount of money one should use in gambling.

You are right but it can only because reality if the gambler allows it. We usually say that gambling is for fun despite the fact that so many gamblers are not only gambling for fun but also for profit, there are many people gambling for profit but yet they are responsible gamblers who are only risking the amount they can afford the lose.

Those people that exhibit irresponsible gambling lifestyles are people that can become deeply poor because of their compulsive gambling attitudes.

[Fivestar4everMVP]

Infact gambling has made many to go broke and live in poverty many has lost their life savings and even pension in gambling, I am of the view that gambling should be controlled by the government of each country and that there should be a maximum amount of money one should use in gambling.

You are right but it can only because reality if the gambler allows it. We usually say that gambling is for fun despite the fact that so many gamblers are not only gambling for fun but also for profit, there are many people gambling for profit but yet they are responsible gamblers who are only risking the amount they can afford the lose.

Those people that exhibit irresponsible gambling lifestyles are people that can become deeply poor because of their compulsive gambling attitudes.

Very well said bud, it is common sense to know that whatever be the state of a man financially, be it positive or negative, it is absolutely his fault and he can not blame nothing else other than himself..
Gambling is not a human being, it's not a virus, even virus can't be contacted without the person taking some actions. Gambling is just an activity of which people voluntarily participate in it on their own, never have I heard that a casino forced anyone to gamble, and never also have I heard that anyone was forced to place bet at gun point.

Who ever is gambling decided on his or her own to gamble, and the outcome he also will bear, be it good or bad, and just incase the outcome is bad, the person can't blame gambling, he can blame only himself, for there are rules one must abide to to ensure responsible gambling, such rules many often ignore in their greed to win big amount of money, and this is why some people end broke as a result of gambling.

[DiMarxist]

With gambling gaining awareness each day and the population of those gambling increasing it's calls for concern as many has fallen victim to this money sucking game that makes people not to save their money but loss it.
But let's take a critical look at this very sensitive matter called gambling has anyone really made it from gambling, is gambling worth it and if really anyone has made it through gambling can he/she proudly tell the younger ones that gambling is what going into.
Infact gambling has made many to go broke and live in poverty many has lost their life savings and even pension in gambling, I am of the view that gambling should be controlled by the government of each country and that there should be a maximum amount of money one should use in gambling.

As for me, government can't control gambling habit or amount because it is an individual choice. And it will also affect the casino company because they are looking for money. And all what a gambler should do is to control himself not to be addicted to gambling. And gambling is not something someone would tell his younger ones about it that it is worth Playing.
We thank God that online gambling is everywhere, so you can just login to the app or site and gamble and leave. And why gambling is gaining more awareness is because there ads are everywhere and plus the campaigns in this forum.