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Author Topic: Gambling is short cut to poverty  (Read 8821 times)
ethereumhunter
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October 19, 2024, 07:57:12 AM
 #301

Agreed, But in one cause I don't think governments will do anything like this where common people will refrain from gambling. Because currently governments get high revenue from gambling platforms. They will never want to remove their financial losses and gambling platforms have created many jobs which would be difficult for the government close down.

To think gambling as a source of poverty alleviation is completely foolish. If a person has to be financially solvent then he must find a platform where a person can earn a certain amount of money in return for hard work. May be it is a job or a business but if one thinks of earning money from gambling it is definitely a wrong decision which will rather drag him into poverty. Gambling should be considered as a temporary pleasure so that even if a gambler loses, he will not suffer any major loss.
If their country allow gambling, they don't have to closing down the casino instead will give license to control the casino. The casino can be a distribute place for unemployment so they can get a work in that casino. The government can get the taxes and distribute to the other places that needs help. But if people still playing gambling without control, they will not make money for themselves instead can lose much money until they bankrupt.

People should not rely on gambling to make money and solve poverty because that is not recommended and not that way. They must realize that gambling is just for having fun if they have spare time and not trying to chase the winning. Searching for a work will be better for them because they don't have to waste their money in gambling table without having a big chance to make money.

I think it's the belief of winning huge someday that keeps people to gamble for a very long time. I wish there was a certain age where a gambler finds gambling not profitable anymore. Because I see people even in old age keep gambling wanting to win big wins. I expect those of persons gambling to expect little wins that can sustain them to feed themselves and pay some minor bills. Aside from who am I to judge? Since there are still old gamblers who still take responsibility for their children or grandchildren.

Gambling is a quick way to get money with a 2% possibility and it is also the quickest way to go broke, even into poverty with a 15% probability. 
That is right and that is what happen to those people. We may difficult to give understanding to them that gambling can not solve poverty matters. With the growing of the technology, that will give possibility to them to access online gambling and keep playing gambling. If they don't realize what can happen to them if they rely on gambling, that will not be a long time to see they will lose much money.

Gambling is a quick way to get money but gambling is a quick way to bankrupt and lose all of their money. It needs a seriousness way from the government to educate their citizens not to playing gambling anymore or moderately their gambling activities. That will need attention from the government and explain the risk behind of gambling.
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October 19, 2024, 08:20:33 AM
 #302

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.
People lose money in gambling not because the casino is evil that ruins the lives of these people, but because people themselves don't know how to manage their finances. No one forces them to play gambling and spend their savings, right? Gambling is a conscious choice of each gambler. Those who don't want to lose, simply don't gamble.

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.
Casino owners make money on gambling. This is far from a secret. So why do people who risk their money continue to try to make money on something where it is almost impossible (or the chances are very low)? It's all about the pursuit of easy money, which is what leads them to poverty.

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 is no need to blame the gambling industry and shift the responsibility for some people living in poverty and misery onto it. These people could have managed their money in a completely different way (business, investment, savings or a banal bank deposit), but driven by greed, they chose gambling, for which they paid.

Governments are already trying to control too much in the financial sphere and this is the last thing they need, for them to get involved here too. As it usually happens, as soon as governments interfere somewhere for the sake of ensuring the well-being of people (protection from gambling), this will inevitably lead only to worsening conditions for ordinary gamblers, as well as some additional monetary fees, like taxes.

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October 19, 2024, 08:58:08 AM
 #303

[That's why a correct mindset is needed when you want to gamble.
The mindset is just everything in gambling,  and you need to have a good understanding to have the right mindset. The reason why people do have problems with gamble is because they have the wrong mindset which they think they can always win and for that they can play with any amount of money.

 When their is a clear understanding that gambling is a game of luck and cannot be predicted it will be difficult for one to become addicted or play with the amount that you can't afford to lose.  What is killing people in gambling is because they have the wrong mindset which they think about gambling in their own understanding.

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October 19, 2024, 09:10:02 AM
 #304

Honestly, many people's lives are ruined because of gambling when it is used incorrectly. There are others who just started out of curiosity but in the end ended up ruining their lives. Because they thought they could change their lives.

Addicted to gambling because he experienced a big win in the casino, something that became the way for others to become addicted. The worst part is that the life of others is good but when they gambled and it became a habit,, .
Gambling addiction can even be more devastating than someone who is addicted to drugs and liquor, so it does make many countries that strictly prohibit gambling in their country, so far a person's desire to become very rich actually makes them want to gamble but in the end it is poverty and destruction that they get, many people are trapped because initially they just want to try or because they have experienced Big wins, However, when gambling becomes a habit, the impact can be very bad, both financially, emotionally, and socially, actually gambling can be an entertainment in leisure time if indeed we can play wisely and be aware of our limitations.
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October 19, 2024, 09:31:55 AM
 #305

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.
Do you know what those people who went broke and lost their life savings to gambling have in common? yes, that's right, gambling money they can't afford to lose. As for whether the government should have control over gambling, would you mind elaborating more about it? I mean, are you saying that there shouldn't a privately owned gambling casinos(online and offline) and the government should be the one who owns it or gambling should be heavily regulated by the government?
I couldn't agree less with your point of view, people that becomes addicted and poor through gambling are the ones that use the money that they cannot afford to loose. Common sense will tell you that if you're using amount that you can afford to loose for gambling, there's no way that you can become poor because of it. People who lacks discipline and financial knowledge will come into gambling and exhibit their ignorance for financial management. When their greed leads them to bankruptcy, then they'll blame it on gambling, although I know that it can be addictive, that is why discipline is important. It's equally important for people to learn about responsible gambling, so that they can avoid the parts that leads to addiction.

As for government and gambling, I believe that they are more interested in the tax revenue from gambling companies, rather than the gamblers that choose to gamble their money. Everybody is entitled to how they spend their money, the government can not make that decision for anybody, including gamblers.

 
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October 19, 2024, 11:35:34 AM
 #306

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.
Poverty is a choice and I won't say gambling is the main reason but one of the factors. Infact the mindset placed when playing this games are crucial because I would definitely know when to back out when I have some loss or win unless am too addicted to it.There was a time I wanted to learn from a friend after he had a breakthrough win but he did not want to teach but advised me by telling me the demerit. He said I should use the money to invest or do something better.

Gambling is not something someone should be proud to tell a younger one to indulge into unless it's for fun and the government really need to set policies to control the rate of gambling in the society.

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October 19, 2024, 11:51:02 AM
 #307

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 should and it is by the government. Uncontrolled gambling is happening maybe only in North Korea and some other dictatorships like that.

Overall I disagree with the notion that "Gambling is short cut to poverty", to me it sounds like "Life is a shortcut to death." It's more like sophistry than an opinion worth listening to.

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October 19, 2024, 12:07:35 PM
 #308

[That's why a correct mindset is needed when you want to gamble.
The mindset is just everything in gambling,  and you need to have a good understanding to have the right mindset. The reason why people do have problems with gamble is because they have the wrong mindset which they think they can always win and for that they can play with any amount of money.

 When their is a clear understanding that gambling is a game of luck and cannot be predicted it will be difficult for one to become addicted or play with the amount that you can't afford to lose.  What is killing people in gambling is because they have the wrong mindset which they think about gambling in their own understanding.

Exactly, a very simple idea but that's what happens, which I agree with you that something that causes a gambler to fall into a slump is because they do not understand what they are doing, know that when you do not know about what activity you are doing then it is very possible for you to make the wrong path or decision, in gambling, misunderstandings can really have a very significant negative impact, and that's why we always say that when a beginner wants to get into gambling then they must first know and understand everything especially realizing that gambling is a risky activity, also understanding that most wins always depend on luck. On the other hand I think I completely agree with the idea in your last paragraph, it makes sense and is true.

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October 19, 2024, 12:22:05 PM
 #309

Honestly, many people's lives are ruined because of gambling when it is used incorrectly. There are others who just started out of curiosity but in the end ended up ruining their lives. Because they thought they could change their lives.

Addicted to gambling because he experienced a big win in the casino, something that became the way for others to become addicted. The worst part is that the life of others is good but when they gambled and it became a habit,, .
That's why a correct mindset is needed when you want to gamble.

Just to add some to what you said, there are some gamblers that are curious about what gambling can do to somebody, and how can gambling change their lives. I mean they might saw an article online where some gambler out there won millions of dollars and they want to experience it as well hence, they resorted to gambling. These are the ones that have a very high chance of losing money in gambling because of the mindset that they have.

There's nothing wrong with gambling for me. The problem lies within the gambler, their lack of self-control, and their mindset. Getting addicted to gambling is very easy for those who have a wrong mindset when they gamble. Gambling is addictive when you don't know when to stop. Gambling is bad when it ruined your life negatively. If you can't control yourself, just don't gamble at all.

In the eyes of others, they may agree with what you say, and there are others who will not support what you mentioned. But for me, gambling is not bad as long as we do it correctly and it does not affect our personal lives or the family we have.

In addition to that, let's also maintain that we have discipline and self-control in playing gambling, because if we lose those two,
for sure it's not far off for us to become addicted in the future.

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October 19, 2024, 12:47:00 PM
 #310

Of course, and besides betting with an amount of money that exceeds your actual ability will really not make you feel comfortable in running the session, because the name of the worry about losing is certainly something that will continue to haunt your mind, and we must also understand that the amount of money you bet does not affect the results in the game and the following is also with the hope or expectation of victory also does not affect the results in the game, so of course I think logically it is not realistic to make gambling a place to pursue victory.

So this is what makes some gamblers prefer to treat gambling with minimal action, because there will be no pressure that they feel and defeat will not be the result that makes them hit and when they win then of course it will also be exciting, I think you just have to choose it.
On the moment that you do go past beyond your limit then it would really be that impossible that you wont really be able to think off about it because our awareness and common sense would really be telling us that we are already at the limit but we do set aside and really let that impulse of emotions would be taking control over you. Its not really that easy to control such condition specially if you are in the verge of losing streaks on which you would really be able to have such kind of emotion that cant be able to control by most gamblers.

Thinking off about gambling as the thing that saves you up into your financial status will really be just that too delusional and this is something that should really be stopped if you dont really like for your life to become ruined or something that will really be that going into the opposite side of things. Instead on resolving out such poverty issue, it would really be just that making it even more worst.

Gambling is really just that for the sake of fun and entertainment but tons of people or gamblers who do have those kind of false hopes towards it and this what makes them desperate on dealing up with gambling
because just like on some few wins, then they would really be building up such hope that they could changed up their entire lives on the moment that they would really be dealing with it.
Instead on making things more better then it would really be that doing the opposite.

In the end, any form of excessive action in gambling will most likely always end in regret, so even though for example emotions and greed are always the part that drives you to do excessive actions but in the end of course regret will always be a possibility that you will definitely feel.
Basically, experience is always the best teacher, meaning that there is a possibility for such gamblers to finally realize their mistakes when they have felt significant regret but maybe the only thing that is not yet known is when they will be able to achieve that awareness.

Therefore, indirectly, the slump experienced by such gamblers can actually be used as an example and lesson for us, there is no need to experience such a slump because we also always have the opportunity to learn from what others experience.
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October 19, 2024, 12:57:04 PM
 #311

[That's why a correct mindset is needed when you want to gamble.
The mindset is just everything in gambling,  and you need to have a good understanding to have the right mindset. The reason why people do have problems with gamble is because they have the wrong mindset which they think they can always win and for that they can play with any amount of money.

 When their is a clear understanding that gambling is a game of luck and cannot be predicted it will be difficult for one to become addicted or play with the amount that you can't afford to lose.  What is killing people in gambling is because they have the wrong mindset which they think about gambling in their own understanding.

That mind set is very tough to understand by many people, and I don't blame them, because someone who can be in control of gambling always have less desire for money, this is the only way anyone can be in control, they also must be making a good amount of money from somewhere else, enough to make them believe that gambling is least of their problem, such people will look at gambling as fun not as money-making machine.

The more money you make from elsewhere the better your gambling discipline will be, the majority of people coming into gambling are not doing well in life, and this will surely add more fuel to their aims, I just view gambling as a form of engine that gives you massive hope and less result as time goes on, you will probably end up wasting your time gambling.

It is for the best to have something you are doing, to atleast get your life together and never risk more than a percentage or two in gambling, those hopes are based on emptiness, until proven otherwise, you don't have to strongly rely in such thing.

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October 19, 2024, 01:08:59 PM
 #312

Overall I disagree with the notion that "Gambling is short cut to poverty", to me it sounds like "Life is a shortcut to death." It's more like sophistry than an opinion worth listening to.
There are those who took it very serious and would want to eliminate poverty through gambling but it's on the reversed, we know the rate at which people diving into gambling with intense that they would have a turnaround storyline yet it's becoming so hard on them. I also agreed with you that gambling is not the easiest way to make money or neither is gambling the shortcut poverty, lots of people has forgotten that gambling also create an avenue for easy lose of funds if not properly controlled.

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October 19, 2024, 01:27:28 PM
 #313

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.
Poverty is a choice and I won't say gambling is the main reason but one of the factors. Infact the mindset placed when playing this games are crucial because I would definitely know when to back out when I have some loss or win unless am too addicted to it.There was a time I wanted to learn from a friend after he had a breakthrough win but he did not want to teach but advised me by telling me the demerit. He said I should use the money to invest or do something better.


Well, maybe it’s a choice, but we could say some people are just forced into it because they feel they have no other option but to accept their situation. That’s why others take their chances with gambling, thinking it’s a quicker way to improve their lives if they win, rather than working day after day for a paycheck that barely covers anything. I guess you might feel the same if you ever lose hope.

I could be wrong in my view, but from what I’ve seen, most gamblers are in it to change their lives, not just for fun.

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October 19, 2024, 01:30:33 PM
 #314


Governments are already trying to control too much in the financial sphere and this is the last thing they need, for them to get involved here too. As it usually happens, as soon as governments interfere somewhere for the sake of ensuring the well-being of people (protection from gambling), this will inevitably lead only to worsening conditions for ordinary gamblers, as well as some additional monetary fees, like taxes.

Are you saying that government intervention and regulation of gambling is unnecessary? That does not bring any benefit but even causes more trouble for gamblers?
As far as I know the government only taxes casinos because they are businesses, I don't think the government taxes gamblers. Especially the losers, how will they pay taxes when they have nothing left in their hands?

Also, are you sure that you won't need government protection if the casino scams you? Or worse, do you think that if casinos were not regulated, criminals would use them to launder money for illegal activities? Agreed that government regulation of casinos will have disadvantages but at least it has benefits that we should not deny.
People who gamble and invest in bitcoin do not want the government to control and tax them, but they always want the government to protect them if they get into trouble. is this fair?

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October 19, 2024, 01:42:39 PM
 #315

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 people who make from gambling but those people are simply lucky and that's all, nothing more or less. The only exception that I know is Poker, in this game skills matter too but still, luck is must to have.
If gambling made someone broke, that's not the problem caused by a casino but by a consumer itself. I also don't like the idea of setting regulations on gambling because a full-grown adult has a brain that should guide him in his life instead of enforced rules by someone else. Asking governments to set rules is basically telling them that you are stupid and need someone to tell you what to do and what not to do.

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October 19, 2024, 02:41:14 PM
 #316

People who gamble and invest in bitcoin do not want the government to control and tax them, but they always want the government to protect them if they get into trouble. is this fair?
If investors don't like government intervention in bitcoin investing or gambling then how do they demand protection from governments? I think this is completely unfair. From one point of view this claim is absurd because those investors are not helping the government in any way but rather trying to keep themselves free from government interference. But if we judge from another point of view it is that the government takes the responsibility to see the good and the bad of the people of their country. If there is any chaos in any place then the government must take responsibility to restore order there. All in all everything should be based on fairness.

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October 19, 2024, 02:44:52 PM
 #317

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.
From the of gambling will know that is not a way a person can rely on, because i can say the gambling is only for those that has money already is not for the poorly that are suffering to survive with life and any poorly that willing to introduces his self into gambling just fell to end his career in achieve nothing. why i said stated that a moment a person the start gambling for him to be save amount of money a difficult; and that's is for us we should not allow the gambling to addicted to our body system.

Gambling has lead a lot of peoples live  broke and still some will never give to leave gambling alone, one thing about some is that instead that they being gamble and they never win even is not for them leave and fine any other thing to do; but they will not that's why the number of poverty are increasing every day.

R


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October 19, 2024, 04:29:12 PM
 #318

From the of gambling will know that is not a way a person can rely on, because i can say the gambling is only for those that has money already is not for the poorly that are suffering to survive with life and any poorly that willing to introduces his self into gambling just fell to end his career in achieve nothing. why i said stated that a moment a person the start gambling for him to be save amount of money a difficult; and that's is for us we should not allow the gambling to addicted to our body system.

Gambling has lead a lot of peoples live  broke and still some will never give to leave gambling alone, one thing about some is that instead that they being gamble and they never win even is not for them leave and fine any other thing to do; but they will not that's why the number of poverty are increasing every day.
Poor people that are struggling to fulfill their needs can choose to gamble instead of use the money to buy foods, even it sounds stupid, but it's actually happened in real life. If they lose, they will ask money or foods from other people, they also dare to steal some valuable thing to sell it for money.

No, actually some of them do win, that's why they continue to gambling, but the ratio of losing is higher than winning.

.
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October 19, 2024, 04:51:40 PM
 #319

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.
Poverty is a choice and I won't say gambling is the main reason but one of the factors. Infact the mindset placed when playing this games are crucial because I would definitely know when to back out when I have some loss or win unless am too addicted to it.There was a time I wanted to learn from a friend after he had a breakthrough win but he did not want to teach but advised me by telling me the demerit. He said I should use the money to invest or do something better.


Well, maybe it’s a choice, but we could say some people are just forced into it because they feel they have no other option but to accept their situation. That’s why others take their chances with gambling, thinking it’s a quicker way to improve their lives if they win, rather than working day after day for a paycheck that barely covers anything. I guess you might feel the same if you ever lose hope.

I could be wrong in my view, but from what I’ve seen, most gamblers are in it to change their lives, not just for fun.

Most of those who keep chasing for luck have that sentiment for sure, they are not just aiming to have some fun but they are aiming to change their lifestyle, hoping that in a single luck that may given to them they'll be able to hit the jackpot and have that decent amount of money that will bring them to achieved their financial goals.

Though, most of those who thinks that way already suffer from a huge amount of loses some may already ends up losing everything but that kind of hope there's some who'll be lucky enough to achieved and fulfill their dreams.

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October 19, 2024, 05:51:33 PM
 #320

Most of those who keep chasing for luck have that sentiment for sure, they are not just aiming to have some fun but they are aiming to change their lifestyle, hoping that in a single luck that may given to them they'll be able to hit the jackpot and have that decent amount of money that will bring them to achieved their financial goals.

Though, most of those who thinks that way already suffer from a huge amount of loses some may already ends up losing everything but that kind of hope there's some who'll be lucky enough to achieved and fulfill their dreams.
People nowadays think they can achieve their dreams and change their lifestyle in a short timeframe, like few months or a year through gambling. That is what many social influencers are telling them to be possible to happen. And since the online betting phenomenon is relatively new for people in general, they truly believe it's possible, so they go for it with all their funds, including money they should be using for daily expenses and emergencies.

Not only traditional casino's games are hyped right now, but also sports betting. There is huge money going into it, and main media channels fail to explain people how gambling works in a technical way. The media just keep telling them to stop gambling because it's risky and many have already lost big money, so they want to push a restrictive and censorship agenda against betting, but they don't really educate the audience about gambling.

Since the media has low credibility these days, people don't even listen to it... In the end, it's like everyone is talking simultaneously, and nobody listens to each other. That is the chaotic society we have nowadays entering in a stage of social convulsion.

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