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Author Topic: Gambling is short cut to poverty  (Read 8821 times)
Gheka
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October 12, 2024, 12:38:30 PM
 #161

When one plays gambling for fun it does not have much effect on him but when one chooses it as a profession it causes him a lot of financial loss.  Because the more serious you are in gambling and the more you panic, the more you will lose.  So of course gambling can make someone poor. But it is not very fast. A person gradually increases the amount of gambling as he gradually becomes addicted and gradually loses his wealth.
I agree with what you said, someone who gambles for fun is unlikely to experience problems that affect them, but with those who gamble for the purpose of making money or making it a profession as you said, then they could experience quite serious or even big problems and will affect them financially or mentally, because there are also those who I think have mental problems when they have experienced big problems because of gambling.
It has become a certainty and there are also many cases that occur about someone who becomes poor because of gambling, if they do their gambling gradually with increasing behavior in gambling, then addiction is something that is likely to happen including its consequences.
Entertainment is also not a comfort zone because basically a person is easily manipulated by the scope of advancement that gambling creates, they may not start making money immediately but after a few repetitions of winning behavior, the criteria of making money suddenly becomes the main concern. Gambling is not a shortcut to poverty, it is the unrealistic thinking of gambling that destroys their existing finances, no foolish action will have bad consequences, a person has deliberately stepped into wrong, they need to pay the price to balance this situation
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October 12, 2024, 12:50:43 PM
 #162

^^^It is just a like trying to get a right answer when you are asking the wrong question in my view. The OP speaks about poverty and gambling, which is already something of a red flag. Gambling is only for fun unless you are a professional player - e.g. a Poker professional, which is usually not the case if you are poor since you will probably have not money to play and not that much free time to do so.
When one plays gambling for fun it does not have much effect on him but when one chooses it as a profession it causes him a lot of financial loss.  Because the more serious you are in gambling and the more you panic, the more you will lose.  So of course gambling can make someone poor. But it is not very fast. A person gradually increases the amount of gambling as he gradually becomes addicted and gradually loses his wealth.
Yes, playing gambling for fun will always be recommended because gambling is not for making money. We can not resolve poverty problem from gambling but that can make someone bankrupt fast.

When a poor people playing gambling, he must know that he can lose all the money he have and that will makes him can not fills his daily needs.

Even if he is a pro gambler, he does not have to use gambling to makes money. He will not know when he can win from the opponent so it is better he have a job that can helps him to earn money. He must remember that gambling can make him poor and not have money at all.
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October 12, 2024, 02:39:04 PM
 #163

^^^It is just a like trying to get a right answer when you are asking the wrong question in my view. The OP speaks about poverty and gambling, which is already something of a red flag. Gambling is only for fun unless you are a professional player - e.g. a Poker professional, which is usually not the case if you are poor since you will probably have not money to play and not that much free time to do so.
When one plays gambling for fun it does not have much effect on him but when one chooses it as a profession it causes him a lot of financial loss.  Because the more serious you are in gambling and the more you panic, the more you will lose.  So of course gambling can make someone poor. But it is not very fast. A person gradually increases the amount of gambling as he gradually becomes addicted and gradually loses his wealth.
Yes, playing gambling for fun will always be recommended because gambling is not for making money. We can not resolve poverty problem from gambling but that can make someone bankrupt fast.

When a poor people playing gambling, he must know that he can lose all the money he have and that will makes him can not fills his daily needs.

Even if he is a pro gambler, he does not have to use gambling to makes money. He will not know when he can win from the opponent so it is better he have a job that can helps him to earn money. He must remember that gambling can make him poor and not have money at all.
Poor people should gamble with little amount of money that they can avoid losing and not with funds for basic needs if not it will affect them negatively. It is when you think that gambling is a means of making profit that you are in a big problem, because they little that you have would be taken away from you by the casino no matter how rich you are. Gambling is a road to poverty and destruction when done in the proper way because it will ruin and frustrate you when you become addicted.  I have a friend who got broke due to excessive gambling, and he vowed not to gamble for the rest of his life and when i asked him why, he said that gambling have deprived from a lot of opportunities. I told him that it wasn't gamble but it was his desperation of make profit from where he didn't sow from.

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October 12, 2024, 08:50:20 PM
 #164

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.
While everything you say about gambling is right, I don't see any reason for a government to limit the amount of money each individual can use for gambling because that should be a personal choice. An individual should be able enough to understand what they should and shouldn't do with their money and their lives, restricting underage people is enough for this thing, if you are mature, a grown-up, and earn your money yourself, you have all the rights to use it on whatever you want, and you are the one who is going to face the consequences of your actions, of course.

Gambling is a business, casinos are run by people just like other normal businesses. Would you suggest a government to also have a limit on how much money an individual can spend on shopping? No, right? That doesn't make any sense because it's my money, it's my choice. If something is legal, I have the right to use it, it should be me who would decide how I use it, not the government.
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October 12, 2024, 09:41:41 PM
 #165

Those that are proud to say that they're able to make it because of gambling, they are inspiring. But them being an inspiration doesn't mean that others are also going to make it. Some studies have been made about poverty levels and incomes made after and before gambling, so it's up for everyone to understand how this study shows;




There are few people really make it especially if those people hit a one time big jackpot in the casino. But we need to understand that this situation will always happen since gambling has its own down side. People are been hyped with the gains but they didn't even bother to know about the losses those people get. If they just count their win loss stats for sure that these people could figure out that everything in gambling is not sustainable.

To become rich from this maybe they need extreme luck first. But usually this situation is hard to happen so most provably what they able to encounter is massive losing if they usually end up chasing for possible win.
It's true that to become extremely rich with gambling, luck should be part of it. But these people that came from the poor neighborhood and have that tough life and then all of a sudden becomes rich with gambling, they're also in danger of going back to their former lives. Why I said so? because they lack of financial education and that's why they spend like millionaires in a day that millionaires won't even do because they know how to protect and keep their assets. As for them, they think it's fine to spend that much because they deserve it but they're forgetting on how to retain their wealth because they're still in the cloud 9 enjoying that feeling of winning a lot of money and jackpot.

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October 12, 2024, 09:55:09 PM
 #166

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.

You are talking about a very important and sensitive issue regarding gambling (people who can’t understand it). It’s true that as gambling becomes more accessible with the technology we have nowadays, and it also increases the risk of people falling into financial issues. Many people have unfortunately lost their savings, and even fallen into poverty because of it. Gambling, by its very nature, is created to benefit the house or casinos in the long run, which makes it difficult for the normal or an average person to come out of it losses.
To answer your question while some may have had short term gains, very few people have truly made a fortune from gambling alone. The unpredictable nature of gambling makes it hard to keep long term gains, and it's mostly an activity where someone can proudly recommend to younger generations as a reliable way to make profits.

However, it’s also important to note that there are other factors that can lead to poverty and have an even more destructive impact than gambling. Addictions such as substance abuse or irresponsible spending habits can ruin you way worse than gambling. Moreover, certain people, or me personally, gambling is actually a form of controlled entertainment.

The key difference here is responsibility and self control when to stop, staying within limits of losing what you actually can afford losing, and not treating it as a any kind of solutions for financial problems.

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October 12, 2024, 10:24:59 PM
 #167

Gambling is a business, casinos are run by people just like other normal businesses. Would you suggest a government to also have a limit on how much money an individual can spend on shopping? No, right? That doesn't make any sense because it's my money, it's my choice. If something is legal, I have the right to use it, it should be me who would decide how I use it, not the government.

The government are only trying to help because most people do not have discipline and control over the way they gamble and this becomes a problem to the society because of their after reactions of becoming a problem to the society after they lost. The government can go about this with a different approach that they teach their citizens about the importance of gambling like how to avoid or cure ourselves from this problem. Since there are always people losing than people making money in gambling, gambling can be said to be a shortcut to poverty but it can also be a shortcut to money. It all depends on how you want to look at it and follow the right guidelines to avoid regrets that many people get to experience because they did not gamble in the right way.

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October 13, 2024, 01:43:00 AM
 #168

I agree with what you said, someone who gambles for fun is unlikely to experience problems that affect them, but with those who gamble for the purpose of making money or making it a profession as you said, then they could experience quite serious or even big problems and will affect them financially or mentally, because there are also those who I think have mental problems when they have experienced big problems because of gambling.
It has become a certainty and there are also many cases that occur about someone who becomes poor because of gambling, if they do their gambling gradually with increasing behavior in gambling, then addiction is something that is likely to happen including its consequences.

People who gamble with the aim of making money often face problems. Especially if they fall into the mindset of trying to “recoup” their losses or turn them into work. Gambling for fun is one thing. But when it comes to being a source of stress or how to manage money? That's where the real danger lies.

Mental health also plays a role. Both the highs and lows of human trafficking can easily worsen problems like anxiety, depression, or compulsive behavior. I have seen how satisfaction can turn into obsession when people start chasing early wins. And when it comes to that point It's hard to abandon yourself without being actively involved.

It comes down to creating balance and clear boundaries. Accepting gambling as fun which you can sometimes enjoy Knowing that failure is part of the game. It seems like the best strategy. But it's important that people understand the risks before they find themselves in too deep.
So however when someone gambles with the aim of making money it can cause problems, I even think the problem is not only physical, with the environment or his own mentality it will be affected. In addition, with those who consider gambling as a job because of the thought of being able to get profit I do not fully support this, because it is impossible for a player to get profit in gambling consistently, it is impossible if the role is only an ordinary player, even with someone who is called a professional gambler I think they are not certain to be able to get profit consistently.
People who gamble with the aim of profit are certainly more susceptible to experiencing problems with their mentality, as you said with depression or stress which I think can happen because of unwanted defeat.
I agree with you, it is better to understand this first which is indeed something that has a big risk when we take the wrong step, and there have also been many cases that have occurred that should be used as a benchmark to learn from.

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October 13, 2024, 02:46:44 AM
 #169

Poor people should gamble with little amount of money that they can avoid losing and not with funds for basic needs if not it will affect them negatively. It is when you think that gambling is a means of making profit that you are in a big problem, because they little that you have would be taken away from you by the casino no matter how rich you are. Gambling is a road to poverty and destruction when done in the proper way because it will ruin and frustrate you when you become addicted.  I have a friend who got broke due to excessive gambling, and he vowed not to gamble for the rest of his life and when i asked him why, he said that gambling have deprived from a lot of opportunities. I told him that it wasn't gamble but it was his desperation of make profit from where he didn't sow from.
It is better poor gamble should not have gamble to avoid losing their money so they can buy food and fills their needs. There is no guarantee for them to win but losing the money and if that is happen, they will difficult to buy food which is their primary needs. Gambling is not short cut to solve poverty because they can lose and bankrupt anytime. They should think about how if they become addicted to gambling but they don't have money to fills their gambling habit. They will only get more and more problem if they still playing gambling and that will makes them depression.
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October 13, 2024, 02:53:08 AM
 #170

Gambling is a business, casinos are run by people just like other normal businesses. Would you suggest a government to also have a limit on how much money an individual can spend on shopping? No, right? That doesn't make any sense because it's my money, it's my choice. If something is legal, I have the right to use it, it should be me who would decide how I use it, not the government.

The government are only trying to help because most people do not have discipline and control over the way they gamble and this becomes a problem to the society because of their after reactions of becoming a problem to the society after they lost. The government can go about this with a different approach that they teach their citizens about the importance of gambling like how to avoid or cure ourselves from this problem. Since there are always people losing than people making money in gambling, gambling can be said to be a shortcut to poverty but it can also be a shortcut to money. It all depends on how you want to look at it and follow the right guidelines to avoid regrets that many people get to experience because they did not gamble in the right way.
Becoming a gambler is our own choice. Yes, the government is just trying to help by warning us about the risks, but it all ends there—it’s up to us how we handle our money. However, just because it’s our choice doesn’t mean we should ignore the warnings they’ve given. In fact, these warnings serve as a guide. The belief that we can get rich through gambling is just a story—maybe it’ll happen, maybe it won’t. But it’s far more important not to rely on luck for our future because there’s no certainty in it. Instead, we should work hard; even if it’s tough and takes time, at least we’ll know the direction we’re heading.

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October 13, 2024, 03:13:09 AM
 #171

^^^It is just a like trying to get a right answer when you are asking the wrong question in my view. The OP speaks about poverty and gambling, which is already something of a red flag. Gambling is only for fun unless you are a professional player - e.g. a Poker professional, which is usually not the case if you are poor since you will probably have not money to play and not that much free time to do so.
When one plays gambling for fun it does not have much effect on him but when one chooses it as a profession it causes him a lot of financial loss.  Because the more serious you are in gambling and the more you panic, the more you will lose.  So of course gambling can make someone poor. But it is not very fast. A person gradually increases the amount of gambling as he gradually becomes addicted and gradually loses his wealth.
Yes, playing gambling for fun will always be recommended because gambling is not for making money. We can not resolve poverty problem from gambling but that can make someone bankrupt fast.

When a poor people playing gambling, he must know that he can lose all the money he have and that will makes him can not fills his daily needs.

Even if he is a pro gambler, he does not have to use gambling to makes money. He will not know when he can win from the opponent so it is better he have a job that can helps him to earn money. He must remember that gambling can make him poor and not have money at all.
But unfortunately what you said is a useless thing to say, why is that because all addicts do not care about the nonsense they prefer to waste their money on gambling, because it is one of the things they have to do and the rituals they have to do no matter that they are people who do not have much wealth, at least they can play calmly and not think about their daily lives they can even forget their wives and children.

Gambling is just a mirage can be dreamed of but difficult to express and a mere dream and a big dream in the mind of an addict, there must be someone who can change the mindset of people like that if they really want to do good things otherwise he will always do that with his daily life.

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October 13, 2024, 03:26:28 AM
 #172

Gambling will always give false hope, so don't expect more from gambling. I don't think anyone is successful and rich in gambling, except for bookies. Gamble just for fun and stop when you have to stop, if you do that it will definitely be better.
In my country the government has controlled gambling, they even prohibit gambling. If anyone is caught gambling, they will definitely be punished. In addition, because it is prohibited, gamblers in my country do not have legal protection if they experience fraud or other problems.
But there are also many people who are trapped by gambling, there have been many cases similar to his, but they are still trapped in their addiction. It is true that gambling provides profits in the form of money with games that are easy for every gambler to understand, but there are still many who are trapped in the game, as we all know, we cannot fight the algorithm created by the site owner. So if we win the game and get profits from there, it doesn't mean we get it from our skills, we are being given a gift by the site owner so that you continue to play with the mindset that you will get much bigger than before.
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October 13, 2024, 04:16:33 AM
 #173

And because of that, the government regulates gambling, some allow gambling but some actually prohibit it because they are worried that the effects of gambling on their citizens can be bad. And in the gambling regulations carried out by the government, they supervise so that gambling operators do not cross the line by setting the winning rate too low or other fraudulent practices that are detrimental to people. Furthermore, the gambling industry has long been operating and has become a means of entertainment for the community, what needs to be emphasized is how the correct regulation and education related to gambling to people so that it does not cause serious problems.

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October 13, 2024, 05:39:00 AM
 #174

Gambling is definitely a short cut to poverty there's no doubt about it. Gambling has become a vice to the society due to how disastrous it has been the lives of a lot of people around the world. This is something that's supposed to be done to have fun but overtime people have gotten obsessed with it trying to make it a way out of their financial hardship but instead it just takes the little they have making their financial state worse. Gambling cannot make you rich, the chances of making millions from it are very low so don't get obsessed with it.
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October 13, 2024, 05:43:37 AM
 #175

Gambling is not short cut to solve poverty because they can lose and bankrupt anytime. They should think about how if they become addicted to gambling but they don't have money to fills their gambling habit. They will only get more and more problem if they still playing gambling and that will makes them depression.
Gambling can be indeed a short cut out of poverty but it is not guaranteed and the risks are way too high for anyone to actually consider gambling just to get out of poverty. Some people dream of winning the lottery and getting rich but the chances are too low and if you only depend on gambling to make money then that is where it can get problematic. But if you only gamble once in a while when you have extra money then you won’t end up with too much losses and frustration.
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October 13, 2024, 06:13:20 AM
 #176

I don't completely agree with you on the concepts of the thread that says gambling is short cut to poverty, don't be in a hurry to forget that in gambling while others might be losing others too will be losing hence saying that gambling is a short cut to poverty is totally not acceptable by me, there are those who came in to gambling and their early day they became luck enough to hit a jackpot winning that completely change their life as they used too money to start up business, though nit everyone can so lucky, but yeah in a more serious note gambling has also destroyed a man's wealth and this can only occur when there is an addiction and irresponsible gambling act.

 
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October 13, 2024, 07:05:40 AM
 #177

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 can lead to poverty. This issue represents a significant challenge for society. When individuals engage in gambling despite lacking the financial means to absorb potential losses, it reinforces the cycle of poverty. The impoverished are experiencing a deepening of their financial struggles. The consequences of gambling are particularly devastating, leaving significant harm in its path, especially for individuals who are already economically disadvantaged.
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October 13, 2024, 09:20:10 AM
 #178


Yes, playing gambling for fun will always be recommended because gambling is not for making money. We can not resolve poverty problem from gambling but that can make someone bankrupt fast.

When a poor people playing gambling, he must know that he can lose all the money he have and that will makes him can not fills his daily needs.

Even if he is a pro gambler, he does not have to use gambling to makes money. He will not know when he can win from the opponent so it is better he have a job that can helps him to earn money. He must remember that gambling can make him poor and not have money at all.

Yes, at least if gambling is a tool for us to find fun activities and will make our hearts happy, of course it is allowed, but there also needs to be restrictions in terms of controlling gambling so as not to be excessive in running it.

It is true what you said, people who fall into poverty are caused by being too excessive in gambling because they draw the wrong conclusion or hope too high for the luck of victory in it so that they play a lot without proper control so that they play as they please without any proper betting limits. And of course the result is that they will lose a lot of money that is bet compared to their luck.

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viljy
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October 13, 2024, 10:45:49 AM
 #179

The fact that gambling is a path to poverty for many does not negate the fact that gambling is a chance for some units. Another question is how these lucky few will be able to use this chance. And now it depends not on gambling itself, but on the personality of the player. In general, of course, cases of unexpected wealth that has been used wisely are extremely rare. And if so, then it really turns out that gambling, even for the lucky ones, is ultimately the path to poverty. But the problem is not gambling, but the players.


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Bushdark
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October 13, 2024, 12:10:35 PM
 #180

The fact that gambling is a path to poverty for many does not negate the fact that gambling is a chance for some units. Another question is how these lucky few will be able to use this chance. And now it depends not on gambling itself, but on the personality of the player. In general, of course, cases of unexpected wealth that has been used wisely are extremely rare. And if so, then it really turns out that gambling, even for the lucky ones, is ultimately the path to poverty. But the problem is not gambling, but the players.
Many people that have been gambling for the money are those that have had some financial challenges and see gambling as an alternative to make extra bucks to take care of their needs. It is not that gambling is for those that are broke or are in pennury.
We still have big men in gambling that are into it to enjoy themselves and prove to their friends that they are also a good gamblers.
Gambling is actually fun when you are rich like someone that is broke and seeing gambling as a means of making profits so they can take care of their needs.
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