Gambling is short cut to poverty

[Z_MBFM]

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.

Gambling is a very bad thing that can make a person poor very quickly and if a country is economically weak and people of that country gamble online then it can make the country's finances worse.  Because online gambling is conducted from different countries due to which when you lose gambling your money goes out of the country which is very bad for a weak economic country.  Gambling is not legalized in my country yet so no one can openly gamble or operate a casino site in my country.

[bitzizzix]

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.

It only becomes a fact if you are not gambling responsibly; its your ticket to poverty if you do not know how to manage your bankroll and you do not know how and when to stop.
Mindset plays a crucial factor in determining what path you're going to take; if you're responsible, you'll go to enjoyment of the game, if not, then it will be your short cut to poverty, like you stated.

Responsible gambling will occur when the gambler experiences fatigue several times and learns the right way to gamble so as not to get addicted and only play in free time, the right time and also only use a little money to have fun. But in reality it is difficult to do especially those who are economically weak, because they gamble in the hope of winning and getting money that makes them play without control which makes them poor. And when they win they will play again in the hope of winning again, and when they lose they will look for capital to play again in the hope that maybe if they play again they will win and this mindset will lead to destruction and this is what often happens.

[Hatchy]

Responsible gambling will occur when the gambler experiences fatigue several times and learns the right way to gamble so as not to get addicted and only play in free time, the right time and also only use a little money to have fun. But in reality it is difficult to do especially those who are economically weak, because they gamble in the hope of winning and getting money that makes them play without control which makes them poor. And when they win they will play again in the hope of winning again, and when they lose they will look for capital to play again in the hope that maybe if they play again they will win and this mindset will lead to destruction and this is what often happens.

Fatigue? Been tired of playing is different from being responsible. If a gambler is able to control himself even before he gets to the point of being tired and then takes a break, he might become a responsible gambler. Gambling can make someone if he takes his risk seriously and will also break that same person if he doesn't take it serious. What makes most gamblers recked is their inability to minimize their risk and maximize their wins. What ever you make as profit from your wins shouldn't be packed back in again to play as you might be on the losing edge on the next round.

[robelneo]

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.

If you look at the negative side of gambling,, all that you've mentioned applies, and you maybe right that government should ban or limit how much a gambler should spend to gamble, but if you are more realistic in your approach and you look for the positive effect of gambling, you can see that the taxes provided by the gambling industry is good enough to sustain the government's needs to provide for its people.
And those who wants an outlet to release their anxiety and reward themselves after a tiring day will find that casinos can meet their needs.
There's always a good side and bad side to everything it just depends on where you are looking at.

[Rruchi man]

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.

Although there are individuals who have made it from winning huge sums of money from gambling, making it in gambling does not only mean winning an amount of money when you make a bet. To think that is to be very limited in scope. Some people have been able to put themselves more in a position of opportunity by virtue of them being gamblers; they've gotten jobs with gambling companies or platforms just simply because of the knowledge of gambling.

@OP also, Based on your topic about gambling being a way to poverty, there are those that will argue risking money to gamble with the hope of winning is better than not doing anything at all about one's financial situation.

[DaNNy001]

Gambling is a vice because of the negative impacts it has on the society, it's something that has actually caused more harm than good...the easiest way to be ruined through gambling is trying to make it a source of income, this has made a lot of people lose their savings and. Everything they have.. gambling is a game of luck, there are people that have won eleven million naira from a stake of less than a thousand naira and there are also those that have lost more than eleven million naira on a single bet.. Taking big risks is not adviced because it's a very easy way to lose all you have.

[rachael9385]

Gambling is a vice because of the negative impacts it has on the society, it's something that has actually caused more harm than good...the easiest way to be ruined through gambling is trying to make it a source of income, this has made a lot of people lose their savings and. Everything they have.. gambling is a game of luck, there are people that have won eleven million naira from a stake of less than a thousand naira and there are also those that have lost more than eleven million naira on a single bet.. Taking big risks is not adviced because it's a very easy way to lose all you have.

Yes this is true, no matter the way you tried to make gamble a source of income it won't do any good fo you because you will always lose more than you win. The truth is that if gamble gives you $100 today, you just have to know that Tomorrow or weeks to come might be a bit terrible because you will lose more than the amount you lost. However, if you eventually have a good strategy's of winning on gamble (maybe, on virtual games) and you tried to put more money on the next round because you recently won a good amount from your previous bet, then the next round you deposited a lot of money and go all in, you might lose then all because your strategy's is not guaranteed as winning depends on luck.

[Dunamisx]

Gambling is not a shortcut to poverty, there are many people out there who don't gamble and yet they were being made poor, which is their own fate and choice taken, because we are free to change anything concerning us in which we don't want, gambling is only aimed at having fun, but other negative consequences are what we have caused by ourselves through how we are gambling.

[Cantsay]

Gambling is bad, gambling is this, government should ban gambling, people should stop gambling, this and that and yet 90% of people that have commented on this thread and suggested these things have a gambling site in their signature space - if you know very well that gambling is not good why don’t you start by removing the signature from your profile, because right now it seems like we’re just preaching what we don’t do.

Yeah, I know that gambling has risks attached to it but instead of us making it sound as if gambling is nothing more than a hobby that destroys us why don’t we talk about how to educate people on how to gamble responsibly and avoid that destructive aspect of gambling. I know that majority of us here are gambler, some gamble for while others gamble both for fun and for monetary reasons what about if we give insights on how we have managed to keep our gambling activities in check rather than go 100% negative on it.

[Mahanton]

Responsible gambling will occur when the gambler experiences fatigue several times and learns the right way to gamble so as not to get addicted and only play in free time, the right time and also only use a little money to have fun. But in reality it is difficult to do especially those who are economically weak, because they gamble in the hope of winning and getting money that makes them play without control which makes them poor. And when they win they will play again in the hope of winning again, and when they lose they will look for capital to play again in the hope that maybe if they play again they will win and this mindset will lead to destruction and this is what often happens.

Fatigue? Been tired of playing is different from being responsible. If a gambler is able to control himself even before he gets to the point of being tired and then takes a break, he might become a responsible gambler. Gambling can make someone if he takes his risk seriously and will also break that same person if he doesn't take it serious. What makes most gamblers recked is their inability to minimize their risk and maximize their wins. What ever you make as profit from your wins shouldn't be packed back in again to play as you might be on the losing edge on the next round.

Totally a wrong word on which being used because if we do speak about fatigue then it would really be that an another thing in comparing into that being responsible on what you do. When doing gambling then the outmost priority that you should really be having in mind is to deal up things accordingly into their true essence or use and not to make out some diversion specially on dealing up with gambling.

On the moment that you do treat up gambling as a poverty solution then better think not or stop it immediately. Instead on making yourself having those kind of possible solution then you might really be able to get it worst. Gambling doesnt mean that you will always win, gamblers would be always on the losing side and this is something that you should really be realizing in the first place.

Gamble for fun nothingless and you would really be just that fine but if you do go the other way around then expect for the worst. Its not bad to do gambling as long it would really be done in moderation then you
would be just that fine but if you do go over with those limitations then this is where problem rises and this is something that must be avoided as an individual who do get involved with gambling.
It is really just that good for leisure and entertainment, but for living? You are taking a suicide step because thats not how it should be.

[junder]

People do really love to point out their fingers whenever they do face up some difficulty on which this is really that a very common human behavior. They cant really just that able to accept on what are the things
that they have done. If they were really just that sensible into their actions then they wont really be finding gambling as a negative thing since this is really just that made out for the sake of fun and leisure.

The wrong thing about people is that they've been expecting too much about it on which they do really believe that they could changed up their lives because of gambling. There would really be those times or moment that greed is really something that pushes you to play more on which this is really that very normal on gambling field. For those people who are really that wishing on skipping out poverty and doing gambling as their last resort,then they are really that bound on losing up even more or they will really becoming that even more poorer.

There's no other people that should really be that be getting blamed but none other yourself when it comes to this. You are the ones who do make out such decision so you should face up on
whatever the things that you might be able to experience basing up into the decisions been made. Control and moderation is crucial but most of the time this one would really be that neglected
or something that not being minded.

That's right, the mistake is indeed on themselves who put too much hope in gambling that is done when they should not put their hopes in gambling, with people who go bankrupt because of gambling are people who put great hope in gambling so it is not strange if they lose a large amount of money in gambling because they are chasing uncertain victory.

The other side with people who really do gambling in a reasonable way such as not chasing victory when when they lose they have no thoughts of extending their gambling session I think they are fine. I agree with you, no one else should be blamed in cases of bankruptcy because they already know gambling, only themselves are the point of error, so it's better to be self-aware.

[jcojci]

Gambling can make people bankrupt and live in poverty. Gambling is not like a job which can give you money. If any people think about that, he will not make money but losing his money without taking too long. Gambling must be control by the government and personal because they are playing gambling and risk their money to make money. That will be a wrong minds so they must change it before it's too late. Maybe some people can make money from gambling so that attract attention from others to follow but the fact is not many of them can make money and just lose their money. Once again, they must search for the other job to make money and not rely on gambling.

[CryptSafe]

I do not doubt your findings here but I read you saying that the government should regulate gambling and possibly putting up a bet limit for gamblers. I would say this that the government do not give a damn thought about who gambles and who do not and how much they gamble as it is non of their business. Everyone is liable for their actions as it pleases them or do the government pay your bills for you? Do you wait for the government to tell you what is wrong or right? The government does not care and all they care about is their tax they collect as a source of revenue. The higher the gambling community, the higher the revenue for them so do not expect them to wave in into gamblers affairs.

However, gambling should not be seen as a source of income because that has been the trend and what makes some gamblers to fully depend on gambling as a source of income and makes them to be fully committed to gambling without looking at the consequences ahead of them. As a gambler, it is wise to know that gambling is for fun and nothing much. Till that ideology is understood, most gamblers would continue to gamble with that mentality of source of income which drains them and keeps them in penury.

[Renampun]

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.

If you see from the existing data, not all gamblers end in bankruptcy, most of those who go bankrupt in gambling are those who are gambling and who do not have management in their gambling activities.

I know it is very difficult to be able to produce profit from gambling especially when you play game who relies on luck but remember as long as you don't use emergency money for gambling, savings, loan money then you will be fine.

[Haunebu]

I do not doubt your findings here but I read you saying that the government should regulate gambling and possibly putting up a bet limit for gamblers. I would say this that the government do not give a damn thought about who gambles and who do not and how much they gamble as it is non of their business. Everyone is liable for their actions as it pleases them or do the government pay your bills for you? Do you wait for the government to tell you what is wrong or right? The government does not care and all they care about is their tax they collect as a source of revenue. The higher the gambling community, the higher the revenue for them so do not expect them to wave in into gamblers affairs.

This isn't right. Some governments don't really give a shit about gambling as you mentioned due to their own ulterior motives, but some definitely do thanks to which they ban them completely.

Crypto gambling helps circumvent government interference to a good extent especially through decentralised casinos.

[bettercrypto]

We know that the government of every country does not want gambling that does not go through the regulation that the government has, and if they do not follow the regulation, it will appear that they are illegal, and the government will also chase them for operating illegally in their territory.

Gambling, like the lottery, becomes worth it only to those who win the jackpot price that it has every day, because it can really change the life of a person who has no other hope than the lottery. But for the most part, it's not worth it, just in my opinion.

[Smack That Ace]

I do not doubt your findings here but I read you saying that the government should regulate gambling and possibly putting up a bet limit for gamblers. I would say this that the government do not give a damn thought about who gambles and who do not and how much they gamble as it is non of their business. Everyone is liable for their actions as it pleases them or do the government pay your bills for you? Do you wait for the government to tell you what is wrong or right? The government does not care and all they care about is their tax they collect as a source of revenue. The higher the gambling community, the higher the revenue for them so do not expect them to wave in into gamblers affairs.

This isn't right. Some governments don't really give a shit about gambling as you mentioned due to their own ulterior motives, but some definitely do thanks to which they ban them completely.

Crypto gambling helps circumvent government interference to a good extent especially through decentralised casinos.

As we can easily see, many crimes and social evils are related to gambling, and the increase in social evils or crimes is something that the government does not want. I bet no government wants their country to have a lot of crime, that's why some governments ban gambling altogether or have strict regulations on gambling. Therefore, it would be incorrect to say that the government wants to regulate or tax gambling just because they want to take our money and don't care about anything else.

In theory, gambling is considered entertainment but not everyone uses it for entertainment, many people abuse it, even become addicted and harm society. But managing people is not an easy task, so there is no other way but for the government to regulate gambling to make things easier.

[Dave1]

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.

If you see from the existing data, not all gamblers end in bankruptcy, most of those who go bankrupt in gambling are those who are gambling and who do not have management in their gambling activities.

I know it is very difficult to be able to produce profit from gambling especially when you play game who relies on luck but remember as long as you don't use emergency money for gambling, savings, loan money then you will be fine.

But I guess the numbers are more on gamblers ending up in bankruptcy, and everyone is affecting by it, I have seen a lot of friends and even rich personalities here in our country who open up about how big they've losses in gambling already.

And at first glance, you will not notice that how come this kind of person will be into gambling? But then again, gambling affected everyone, from those who are poor who dream of hitting big in a jackpot, so some rich and wealthy person, who started it just for fun however, they can't control themselves and becoming a addict and lose all their money in less than a year or two.

[CryptSafe]

I do not doubt your findings here but I read you saying that the government should regulate gambling and possibly putting up a bet limit for gamblers. I would say this that the government do not give a damn thought about who gambles and who do not and how much they gamble as it is non of their business. Everyone is liable for their actions as it pleases them or do the government pay your bills for you? Do you wait for the government to tell you what is wrong or right? The government does not care and all they care about is their tax they collect as a source of revenue. The higher the gambling community, the higher the revenue for them so do not expect them to wave in into gamblers affairs.

This isn't right. Some governments don't really give a shit about gambling as you mentioned due to their own ulterior motives, but some definitely do thanks to which they ban them completely.

Crypto gambling helps circumvent government interference to a good extent especially through decentralised casinos.

As we can easily see, many crimes and social evils are related to gambling, and the increase in social evils or crimes is something that the government does not want. I bet no government wants their country to have a lot of crime, that's why some governments ban gambling altogether or have strict regulations on gambling. Therefore, it would be incorrect to say that the government wants to regulate or tax gambling just because they want to take our money and don't care about anything else.

In theory, gambling is considered entertainment but not everyone uses it for entertainment, many people abuse it, even become addicted and harm society. But managing people is not an easy task, so there is no other way but for the government to regulate gambling to make things easier.

It is true that the government want tax and revenue from gambling because that could help them in their budget and they as well try to regulate it to some point so as to avoid issues in the society but my point here is that the government does not care who plays gamble be it the rich or the poor, whether it gives them profit or not they do not care as long as they have created an enabling environment for gambling, all they care is their tax and do not care anymore of anything because they believe they have done everything they can to enable gambling legal and also have provided an enabling environment for it. So it is left for gamblers to know their fate. A gambler gambling to becoming poor is non of the governments concern because already the gambler agreed to the terms and conditions of the casino before gambling so why would they worry themselves when gamblers are becoming broke in the society. Do not forget that people also win games as well.

[ultrloa]

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.

If you see from the existing data, not all gamblers end in bankruptcy, most of those who go bankrupt in gambling are those who are gambling and who do not have management in their gambling activities.

I know it is very difficult to be able to produce profit from gambling especially when you play game who relies on luck but remember as long as you don't use emergency money for gambling, savings, loan money then you will be fine.

They only look at the negative side of it since maybe they seen to much addiction story in internet. If they look at the fun side what gambling could especially for those discipline individual for sure that they will not always think bad things towards gambling.

Its just we are the one who's controlling our selves so if we exceed on our expectation then look forward to became rich from gambling then this is where the problem start since provably that we might experience in that situation.

It somehow hard to earn profit in gambling but if you have total control on your expenses and know how to cut your session if you are already winning then taking profit is really possible. But if they are type of person that want to earn more then provably that they always end up losing.