Gambling is short cut to poverty

[danherbias07]

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.

"No guarantee." You are correct with that.
It's the very reason why a less fortunate person should not even start gambling. It's not a place where you can make money out of hard work, it's a place where we also risk our own money to make more or lose more.
Considering the state of living is an important factor before a person will gamble. Thinking twice about the risk that is glued to gambling and then analyzing if it's even right to do it or just save the money for something else. Investment or just a simple savings. If a person doesn't even have spare money to gamble, don't even think about doing it. It can become a financial chaos.

[Promocodeudo]

Of course gambling activity can cause not only poverty but extreme poverty, we are talking about an activity thats capable of turning individual into addicts, which means such individuals are liable to do anything to quech their  gambling urge, so there is possibility of addicted individuals selling off anything they have and even borrowing more to gamble, this is more reason why it is advisable for people to really understand gambling before going into it, though am not against gambling but am against addiction, its not always easy to know when someone is going the lane of adiction but I believe if you are someone who is discipline, it is very much possible that you can resist addiction because you will be able to control yourself once you notice that you are going too extreme in your gambling habit.

It is really a problem for the world population, most gamblers always think about winning failing to admit the facts that are inevitable which is loss and this makes them to concentrate on seeing all their gambling session as an opportunity to win thereby neglecting the fact.
Its better for every gambler to learn the habit of gambling with the amount they can afford to lose though it should not be done all the time, one of the major reason why gamblers go broke and become poor is as a result of consistently chasing loss, this leads to severe consequences which is not too good for gamblers.

[Kelward]

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.

Governments cannot control how people spend their money in a country, that must be the decision of individuals that works for their money. Addiction is not limited to gambling alone, there are sex, alcohol, drugs, food and even social media addicts, if people allow what they do to control them it becomes addiction. Gambling is not a shortcut to riches but it can be a shortcut to poverty if the gambler doesn't practice responsible gambling. I believe that gambling is not for everybody, it's mainly for people that wants to have fun by taking small risks with the amount that they can afford to loose. If you understand the fundamentals of gambling you'll never be addicted. Have a budget for gambling and be disciplined not to exceed the amount, never chase loses and never over gamble when you're winning.

[LDL]

Gambling rarely makes people rich but is considered a shortcut to making most people poor. If a family has a father who is a gambler as a guardian, then the family never prospers because if a father participates in gambling with what he gets as salary, then how will the family spend the rest of the month. Most of the families face bad situation mainly due to gambling. Children of gambling families do not get good opportunities for education. The gambling family does not want to be supported by various social assistances. Hence a gambling family never returns to prosperity and gradually becomes poorer and eventually becomes completely bankrupt.

[Dewi Aries]

If we use the downturn experienced by most gamblers as a benchmark for drawing conclusions about whether gambling is a profitable activity or not, then I think it is clear as you believe OP that gambling is a way or intermediary that can be used by someone to spend all their money in a short period of time, there is no benefit from gambling if we talk about winning, or what I mean is that no one will ever be able to make gambling a place to make money, especially in casino games.

The only benefit that can be given from gambling is the entertainment aspect and not about money, so that's why we always recommend only gambling with a little money because losing will always be a certainty and there is no guarantee or certainty that you will always be able to win. So the point is if you don't want to experience a lot of financial and psychological problems, then never make the chance of winning a top priority.

[Dr.Bitcoin_Strange]

It's the very reason why a less fortunate person should not even start gambling. It's not a place where you can make money out of hard work, it's a place where we also risk our own money to make more or lose more.

As a matter of fact, I think anyone gambling should always have the mind set that what they are playing is a game of luck and not some sort of investment that can guarantee a certain cool APY. Gambling is not a side hustle and not also a source of income. Just last week, I lost more than $20 in different bets which among all my bets last week, I didn't even win any one. So, does it mean if I took it as a side hustle or source of income, I will even be disappointed as well, but I don't.

[EarnOnVictor]

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.

No controversy here, gambling is very risky and it can be a disaster if anyone believes their success will come from it. I don't like it when I see people linking riches with gambling the way you placed it here because, if you search wide and near, you would realise that those who become rich through gambling are negligible compared to those who have bitter experiences with it. So, if out of 100 million people, just 50 become rich in gambling, how encouraging is that? We should tell ourselves the truth, no one should knock on the door of gambling with the mindset of being rich but to hope for luck. With this mindset, gambling can bless us at times, but it should be what we didn't expect and not what we believe will improve our financial status.

[Oilacris]

It's the very reason why a less fortunate person should not even start gambling. It's not a place where you can make money out of hard work, it's a place where we also risk our own money to make more or lose more.

As a matter of fact, I think anyone gambling should always have the mind set that what they are playing is a game of luck and not some sort of investment that can guarantee a certain cool APY. Gambling is not a side hustle and not also a source of income. Just last week, I lost more than $20 in different bets which among all my bets last week, I didn't even win any one. So, does it mean if I took it as a side hustle or source of income, I will even be disappointed as well, but I don't.

A must thing to think off but people will really be only doing that on the time or moment that gambling did make out so much damage into their finances. We do know that
people will really be always having that kind of delusional approach on things on which they do really that believe that they could be able to make their lives better when it comes to
finances on the moment that they will really be dealing up with gambling on which they dont really have that kind of thinking on why they would really be doing that on something
which is really that too risky to deal on with? You are really just that basically trying out to make yourself having such huge problem if you would really be having such approach.

[I_Anime]

Gambling rarely makes people rich but is considered a shortcut to making most people poor. If a family has a father who is a gambler as a guardian, then the family never prospers because if a father participates in gambling with what he gets as salary, then how will the family spend the rest of the month. Most of the families face bad situation mainly due to gambling. Children of gambling families do not get good opportunities for education. The gambling family does not want to be supported by various social assistances. Hence a gambling family never returns to prosperity and gradually becomes poorer and eventually becomes completely bankrupt.

That's true gambling hardly make one rich but it can easily ruins one lives , but it all depends on the approach though . Have heard of scenarios whereby gambling change some folks lives for the better but it rarely happens though , because no matter how most people claim to be careful when they are gambling, there's always a time they would go against their principles and endup with a massive loss especially when greed is involved. 

So changing the mindset or mentality of getting rich quick through gambling would only put you in a safer side .

[doomloop]

Running a casino is a business, so it's doesn't even make any sense to suggest this as an option when it comes to relying on something gambling related for survival, owning a casino is business, a lucrative one for that matter, most especially if well managed and marketed, it can turn out to be the source of financial breakthrough for the owner, no longer about just looking for something to rely on for survival.

And going back to gambling, I agree with all that you have said, but not with some form of exceptions though, it's really hard or difficult to rely on gambling for income, but it's not absolutely impossible, and regardless of what data or studies shows or says, there are still people around the world that having nothing else doing aside from gambling, doing sports betting and so on, and some seem to be making money off it though not without some loses from time to time.
The thing is, level of luck differs for all humans, there are people out there who are highly favored with the ability to easily win games through gambling, and its not impossible for such people to make a living off gambling.

Sports betting is very different than gambling games. People relying on gambling games to earn an income from them are doing it wrong because it's technically not possible for someone to be earning a constant income from gambling games considering the fact that the results are completely influenced by luck and a person can't possibly be lucky all the time. You may win $50 today but you can lose $100 tomorrow, so the $50 you won yesterday won't count anymore since you are at a loss of $50 today.

When it comes to sports betting, it is something that you can do if you have a lot of knowledge and experience about a specific sport or multiple sports and have also have experience about the game yourself and you understand how things basically work. You can't make money from sports betting either if you are making guesses without having proper knowledge.

[Jody.Drummer]

It's the very reason why a less fortunate person should not even start gambling. It's not a place where you can make money out of hard work, it's a place where we also risk our own money to make more or lose more.

As a matter of fact, I think anyone gambling should always have the mind set that what they are playing is a game of luck and not some sort of investment that can guarantee a certain cool APY. Gambling is not a side hustle and not also a source of income. Just last week, I lost more than $20 in different bets which among all my bets last week, I didn't even win any one. So, does it mean if I took it as a side hustle or source of income, I will even be disappointed as well, but I don't.

Well, a good point, friend, I agree with that. And in my opinion the problem is in this matter where maybe from the beginning of the players or people who do gambling thinking or aware that the game they play is a lucky game only with results that tend not to be in accordance with their expectations that make the fact that this lucky game is ruled out Until what happens is that they continue to play excessively by ignoring that the risk of loss is greater than victory.
Although in gambling there are opportunities to be able to benefit, but indeed this is not something that can be used as one of our hopes, maybe more precisely we should only do it limited to the game with good benefits or loss that occurs then just accept it. Very vulnerable to addiction in my opinion if making or considers gambling become one of the side jobs or even sources of income.

[Tungbulu]

That's true gambling hardly make one rich but it can easily ruins one lives , but it all depends on the approach though . Have heard of scenarios whereby gambling change some folks lives for the better but it rarely happens though , because no matter how most people claim to be careful when they are gambling, there's always a time they would go against their principles and endup with a massive loss especially when greed is involved. 

So changing the mindset or mentality of getting rich quick through gambling would only put you in a safer side .

I've come to observe that even those who win huge from gambling still end up investing most of the winnings back into gambling and some end up losing it all back to the casino right after winning. This is because of how they acquired the money, yeah I know it must have taken lots of money, time and consistency to have won huge, but whenever such money comes, it feels like free money because you don't remember all the money you've lost in the past anymore, and since it feels like free money, you may not be able to spend it how you would've spent the money you made from a job.

And since the money was gotten from gambling, the gambler may also see more possibilities of winning again, thereby reinvesting most of the money back there with hopes of securing more bigger wins.

[ethereumhunter]

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.

For addicted to gambling, that will be useless because they can not think what is right for them. But we are not addicted to gambling so we can think clearly and know what we must do. We can not spend our money to playing gambling just hope we can win more money. Not like that because gambling can even make you lose all of the money you have without left some for you. It is about how we can responsibilities to our money and how we can treat gambling for an entertainment so we don't have to feels what other people get from gambling.

Gambling is just for fun so we should treat it like that and not more. Those poor gamblers must change their mindset and search for the other ways to make money.

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.

The high risk is not worth for those who doesn't have much money because they will have a big risk to lose the money. Even if you have much money, that doesn't mean you can make money from gambling moreover poor people. They can buy lottery and hope someday they can win huge money but they must prevent from using too big money to buy the lottery. They must buy food for them and their family and not make lottery as their main things for their life. If they can have a job that gives them money, that will be better because they don't have to worry how to buy food and they can use some money to keep buying the lottery. It is better to playing gambling occasionally and use the money you can afford to lose.

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.

We must know how to treat gambling properly so we don't have to meet a problem. Unfortunately, only a few people who can do that while others still use and rely on gambling to make money. That is a wrong mindset so they must realize and needs to change it.

Many people falls into poverty because of gambling but that will not make other people learn from that lesson instead follow to the  same path. Those people lose their money without have a chance to win in gambling. We can playing gambling but we must control ourselves and not use too big money because the high risk of losing the money will be there.

"No guarantee." You are correct with that.
It's the very reason why a less fortunate person should not even start gambling. It's not a place where you can make money out of hard work, it's a place where we also risk our own money to make more or lose more.
Considering the state of living is an important factor before a person will gamble. Thinking twice about the risk that is glued to gambling and then analyzing if it's even right to do it or just save the money for something else. Investment or just a simple savings. If a person doesn't even have spare money to gamble, don't even think about doing it. It can become a financial chaos.

Yes, the "No guarantee" is something that those people must know so they will not try too hard to playing gambling. They must know that when they lose for some rounds, that means they don't have luck and needs to gets away from gambling immediately. Playing gambling is not a job but you use and risks your money to make money which that is not recommended to do.
Those people must considering their state of living if they want to survive because if they can use their money for their life, that will be better so they don't have to wastes their money in gambling. They don't have to force themselves to gambling if they don't have much money because the chance to makes money from gambling will not too big.

[Pandorak]

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 shortcut to poverty if it is done irresponsibly, do it without full awareness, having excessive ambition to live from gambling & other extreme reasons. You are talking about government regulations, to be honest, in our country gambling is even prohibited, but gambling practices still exist everywhere, people will always find a way to gamble even though there are regulations. So, it should just go back to the awareness of each individual.

[leonair]

Gambling rarely makes people rich but is considered a shortcut to making most people poor. If a family has a father who is a gambler as a guardian, then the family never prospers because if a father participates in gambling with what he gets as salary, then how will the family spend the rest of the month. Most of the families face bad situation mainly due to gambling. Children of gambling families do not get good opportunities for education. The gambling family does not want to be supported by various social assistances. Hence a gambling family never returns to prosperity and gradually becomes poorer and eventually becomes completely bankrupt.

Gambling is also a means of happiness.  But it only lasts as long as you keep winning at gambling.  Gambling alone is enough to destroy a strong family.  If one person in a family is addicted to gambling, he throws the whole family into turmoil.  But if a responsible person of a family is addicted to gambling on whose money the whole family depends.  Then in that case that family is completely destroyed very quickly.  Gambling will always make you dream of winning something big.  The more you dream the more you will unknowingly suffer

[Strongkored]

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

The government also gets funds through gambling by imposing taxes.
There are indeed those who are poor because of gambling but regulating how much their citizens can spend on gambling is a difficult step, if they have difficulty playing in a licensed casino then they can still channel their gambling desires in an unlicensed casino even more difficult for the government is when its citizens gamble online, it is impossible to track them one by one to regulate how much can be used in gambling.
Educating its citizens that gambling is not an activity that can make you rich is one good step so that its citizens will gamble according to their ability to lose their money

[bettercrypto]

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.

But you know already that the governments do not give a fuck about gamblers and bettors. They care more about the taxes. Then you are the one to learn not to be greedy and see gambling as just a means of having fun. If you see it not in that way or it is not fun for you, then you should quit gambling.

Many gambling sites follow some regulations and have helpful information for addicts or those that are becoming addicted to gambling. But gambling addiction is more than just those articles and self-exclusion that you see on the gambling sites. The best self-exclusion comes from the mind while the best means to gamble comes from the mind and it requires discipline.

That's really the job of all governments around the world. That's why if gambling doesn't follow the regulation they have, it's definitely illegal, and only in legal casinos do they get taxes that they benefit from them. That's why even though there is regulation for gambling casinos, it is still inevitable that there is still illegal gambling.

And whoever is illegal, they still make more money than the government of a country, and the worst thing is that sometimes there are government officials who are protectors of illegal gambling.

[Apocollapse]

And whoever is illegal, they still make more money than the government of a country, and the worst thing is that sometimes there are government officials who are protectors of illegal gambling.

It's nothing new, they're the one who make the government poor because they're have the right to ban the sites and caught the creators. There are so many criminals here, but if the government officials are really work based on their job desk, the country would be rich and many citizen wouldn't as struggle as now, but the effect is they will not be really rich. Many people want to become government officials in order to make money instead of serve the government and public.

[Charles-Tim]

That's really the job of all governments around the world. That's why if gambling doesn't follow the regulation they have, it's definitely illegal, and only in legal casinos do they get taxes that they benefit from them. That's why even though there is regulation for gambling casinos, it is still inevitable that there is still illegal gambling.

I am not referring to legal or illegal gambling sites. I am referring to all gambling sites generally. And to be more specific, I am referring to the legal gambling sites. First the government does not give a fuck in most countries. Second is that in countries where the government still tried to regulate gambling, the regulation is not enough towards protecting citizens from addiction. If the regulation is enough, gamblers will still have ways to bypass what will not make them gamble anytime they want as long as it is online. That the best way is for gamblers to individuallly discipline themselves.

[tsaroz]

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.

The approach you mentioned is worthy. There should be a limit how much each person can spend on gambling and it should not be more than 10% of their income. But there would be problem enforcing it as there are several different ways gambling can be done and a lot of it not regulated. Even among the regulated gambling it would be difficult to track each person's expenses. And that would be a hassle and large expense for the government which don't have direct benefits for the government. It remains as a personal rule for people that have self obidence and the subsequent result on failure would be a punishment for not being self obidient. Many people would keep on learning the hard way.