Gambling is short cut to poverty

[usekevin]

if you go into the data and history you'll see that for each gambler who gets rich and ends up being able to keep the money there are thousands if not hundreds of thousands who lose it all
so you stand correct on this comment
for most it is probably best to stay away from gambling completely

for the talented ones, well, there's always a path for the talented ones

The gambler had two phase in the gambling,either they made huge money in gambling or they loss everything in the same process of multiple the money in the gambling.After the gamblers multiple their money in the gambling to certain amounts he need to withdraw the funds immediately.If they fail to do that in the short period of time,the same money will be loss in the gambling because of the reverse algorithm in the gambling site.When the gamblers know about the reverse algorithm in the gambling site.They never try to multiple the money into the very big multiple of their money in the short time.

[carlfebz2]

if you go into the data and history you'll see that for each gambler who gets rich and ends up being able to keep the money there are thousands if not hundreds of thousands who lose it all
so you stand correct on this comment
for most it is probably best to stay away from gambling completely

for the talented ones, well, there's always a path for the talented ones

The gambler had two phase in the gambling,either they made huge money in gambling or they loss everything in the same process of multiple the money in the gambling.After the gamblers multiple their money in the gambling to certain amounts he need to withdraw the funds immediately.If they fail to do that in the short period of time,the same money will be loss in the gambling because of the reverse algorithm in the gambling site.When the gamblers know about the reverse algorithm in the gambling site.They never try to multiple the money into the very big multiple of their money in the short time.

Majority of gamblers do really failed into this one on which on the time or moment that they do win up money then they will really be thinking that they could be able to win up more and this is really that a common mistake of of most people. On the moment or time that you don't able to control your greed then this is where disaster do really happens. People would only just that realize on the moment that they will really be having that tough or bad condition but until these things do happen then they will really be continuing on what they are currently doing until they do all bust up. Gambling is for fun and not to make income or make a living with it on which this is really that a very wrong thing to do.

[Vaskiy]

With the hope of getting out of poverty or to make themselves financially better, gambling will be chosen. Initially, they don't understand about the aftereffects of gambling. As time passes slowly, the money starts to dissolve, and they start realising the other part of gambling. When this happens, they won't have control over their activities. This makes them go further, spending as much as possible to recover what they have lost and quit gambling. This is a never-ending process, where very few realise that going behind the lost money is going to cost us a lot. Rest of the people who keep going end up in poverty or suffer a lot to survive.

Recently in my country, a person lost around $20k in gambling, which is his lifetime savings. He wasn't able to take care of the family, and the guilt made him end his life. Now the sufferers were not only him, but the entire family who were depending on him for survival.

[Jody.Drummer]

The gambler had two phase in the gambling,either they made huge money in gambling or they loss everything in the same process of multiple the money in the gambling.After the gamblers multiple their money in the gambling to certain amounts he need to withdraw the funds immediately.If they fail to do that in the short period of time,the same money will be loss in the gambling because of the reverse algorithm in the gambling site.When the gamblers know about the reverse algorithm in the gambling site.They never try to multiple the money into the very big multiple of their money in the short time.

Majority of gamblers do really failed into this one on which on the time or moment that they do win up money then they will really be thinking that they could be able to win up more and this is really that a common mistake of of most people. On the moment or time that you don't able to control your greed then this is where disaster do really happens. People would only just that realize on the moment that they will really be having that tough or bad condition but until these things do happen then they will really be continuing on what they are currently doing until they do all bust up. Gambling is for fun and not to make income or make a living with it on which this is really that a very wrong thing to do.

it is because of greed that leads them to continue gambling reluctantly to stop even though they have won or profited from the gambling they do, in reality the greater chance of losing can make them lose the profits they have earned because there is no guarantee that they will be able to win again even though they have previously managed to win. It is true what you said when greed cannot be controlled then everything becomes a mess and even disaster can occur.
When you have managed to win, the most correct thing to do is to withdraw the winnings, although continuing gambling is our own right, but at least we must be able to take advantage of the opportunities that already exist rather than regretting it in the end which is useless.

[laijsica]

if you go into the data and history you'll see that for each gambler who gets rich and ends up being able to keep the money there are thousands if not hundreds of thousands who lose it all
so you stand correct on this comment
for most it is probably best to stay away from gambling completely

for the talented ones, well, there's always a path for the talented ones

The gambler had two phase in the gambling,either they made huge money in gambling or they loss everything in the same process of multiple the money in the gambling.After the gamblers multiple their money in the gambling to certain amounts he need to withdraw the funds immediately.If they fail to do that in the short period of time,the same money will be loss in the gambling because of the reverse algorithm in the gambling site.When the gamblers know about the reverse algorithm in the gambling site.They never try to multiple the money into the very big multiple of their money in the short time.

Majority of gamblers do really failed into this one on which on the time or moment that they do win up money then they will really be thinking that they could be able to win up more and this is really that a common mistake of of most people. On the moment or time that you don't able to control your greed then this is where disaster do really happens. People would only just that realize on the moment that they will really be having that tough or bad condition but until these things do happen then they will really be continuing on what they are currently doing until they do all bust up. Gambling is for fun and not to make income or make a living with it on which this is really that a very wrong thing to do.

Yes, due to this common mistake gamblers lose more money and suffer huge losses. The moment a gambler wins he should withdraw himself immediately because he may be emotionally overwhelmed by the joy of winning or may be tempted to win more. Gamblers should maintain self control such as patience and limited allocations at the same time. At the same time choosing gambling as a means of earning can be a wrong decision for a gambler and this is mostly seen in older people. Yes the choice of gambling as a source of income for older people can be viewed positively if they are not prone to addiction. Also those in other professions should consider gambling as a form of entertainment so as not to allocate extra time and money.

[Dewi Aries]

if you go into the data and history you'll see that for each gambler who gets rich and ends up being able to keep the money there are thousands if not hundreds of thousands who lose it all
so you stand correct on this comment
for most it is probably best to stay away from gambling completely

for the talented ones, well, there's always a path for the talented ones

The gambler had two phase in the gambling,either they made huge money in gambling or they loss everything in the same process of multiple the money in the gambling.After the gamblers multiple their money in the gambling to certain amounts he need to withdraw the funds immediately.If they fail to do that in the short period of time,the same money will be loss in the gambling because of the reverse algorithm in the gambling site.When the gamblers know about the reverse algorithm in the gambling site.They never try to multiple the money into the very big multiple of their money in the short time.

Yes that's right, so actually if you really want to be able to get money in gambling then that means you have to be really smart in managing money from winnings, I understand that gambling is not the right place to make money because usually the amount of loss is always greater than the winnings, but of course it is always recommended to be able to manage your money well especially the money from the winnings you get, or what I mean is don't let you lose all that amount again in the same place, at least you should also be able to enjoy the money from your dedication in gambling.

On the other hand I am sure that even though you have smart financial management of the amount of winnings but surely the amount of your losses is always greater, because usually a gambler will only get a win after they have lost several times, but at least being in a break-even situation is much better, namely by always being smart in managing winnings by always limiting your approach to gambling, don't be too excessive.

[Fredomago]

The gambler had two phase in the gambling,either they made huge money in gambling or they loss everything in the same process of multiple the money in the gambling.After the gamblers multiple their money in the gambling to certain amounts he need to withdraw the funds immediately.If they fail to do that in the short period of time,the same money will be loss in the gambling because of the reverse algorithm in the gambling site.When the gamblers know about the reverse algorithm in the gambling site.They never try to multiple the money into the very big multiple of their money in the short time.

Majority of gamblers do really failed into this one on which on the time or moment that they do win up money then they will really be thinking that they could be able to win up more and this is really that a common mistake of of most people. On the moment or time that you don't able to control your greed then this is where disaster do really happens. People would only just that realize on the moment that they will really be having that tough or bad condition but until these things do happen then they will really be continuing on what they are currently doing until they do all bust up. Gambling is for fun and not to make income or make a living with it on which this is really that a very wrong thing to do.

it is because of greed that leads them to continue gambling reluctantly to stop even though they have won or profited from the gambling they do, in reality the greater chance of losing can make them lose the profits they have earned because there is no guarantee that they will be able to win again even though they have previously managed to win. It is true what you said when greed cannot be controlled then everything becomes a mess and even disaster can occur.
When you have managed to win, the most correct thing to do is to withdraw the winnings, although continuing gambling is our own right, but at least we must be able to take advantage of the opportunities that already exist rather than regretting it in the end which is useless.

Very possible, as that win just fueled your intention to keep aiming for more win to comes up, but in just a single mistake it will start the problem, you'll be more aggressive and you'll be adding more money instead of limiting yourself to keep pushing for more and trying either to win back or recover but eventually that greed inside you will push you to keep playing without any limitations.

It will lead you to lose more instead of having fun and gaining little but instead you push and lose more than you can let go.

[mirakal]

On the other hand I am sure that even though you have smart financial management of the amount of winnings but surely the amount of your losses is always greater, because usually a gambler will only get a win after they have lost several times, but at least being in a break-even situation is much better, namely by always being smart in managing winnings by always limiting your approach to gambling, don't be too excessive.

Gambling is never really a source of income. It’s better to shift our mindset and not expect any kind of return from spending $1,000, because in the end, that could very well turn into $0. If you’re good at financial management, I’d say that skill doesn’t really belong in gambling because, in the end, it may not be worth it like with other stuff.

When we gamble, let’s make sure it’s not about making money—our main goal should be simply to enjoy ourselves. That is why we say "just gamble for fun" and "only spend money that we can afford to lose."

[ethereumhunter]

Yes, due to this common mistake gamblers lose more money and suffer huge losses. The moment a gambler wins he should withdraw himself immediately because he may be emotionally overwhelmed by the joy of winning or may be tempted to win more. Gamblers should maintain self control such as patience and limited allocations at the same time. At the same time choosing gambling as a means of earning can be a wrong decision for a gambler and this is mostly seen in older people. Yes the choice of gambling as a source of income for older people can be viewed positively if they are not prone to addiction. Also those in other professions should consider gambling as a form of entertainment so as not to allocate extra time and money.

It is not easy to pull out himself from gambling when he wins because the temptation to winning more money will be there and whisper him to keep playing gambling. He tempts to say that his lucky day comes in the right time so he will not stop gambling and withdraw the money but will still playing gambling.

If that happen to poor people and they think that gambling can solve poverty, they will not see the big chance to wins instead the big chance to lose especially if they lose for some money. Choosing gambling as a means of earning is a wrong perception because gambling is only an activity that can gives you fun but also gives you sad when you lose the money.

[EluguHcman]

With the hope of getting out of poverty or to make themselves financially better, gambling will be chosen. Initially, they don't understand about the aftereffects of gambling. As time passes slowly, the money starts to dissolve, and they start realising the other part of gambling. When this happens, they won't have control over their activities. This makes them go further, spending as much as possible to recover what they have lost and quit gambling. This is a never-ending process, where very few realise that going behind the lost money is going to cost us a lot. Rest of the people who keep going end up in poverty or suffer a lot to survive.

Recently in my country, a person lost around $20k in gambling, which is his lifetime savings. He wasn't able to take care of the family, and the guilt made him end his life. Now the sufferers were not only him, but the entire family who were depending on him for survival.

I would not be in doubt that those who ends up going bankrupt do had stable source of incomes where they are much confident of generating incomes on daily, weekly and even monthly basis but because they think they could go into gambling so that they can make some specific huger amount of money on their winnings, they stupidly tends to take their jobs unserious but focuses more on gambling because playing gambling is not so stressful as going to offices or reporting to their point of earnings meanwhile... They keys in ignorant to understand that gambling can not be a reliable source of income but supposed to be played occasional so that we don't end up lavishing our savings there.

The fact is that some gamblers are just made up their minds to retire on gambling then on a long run then looses everything up to extend they can not afford even $1 to play further after loosing their lifetime savings and after slacked to take their source of incomes serious.

Probably out of frustration they ends up taking their lives themselves without undermining they have families and responsibilities who are depended on them.

[Lidger]

First of all, I would like to say that for those who think that gambling will change their financial situation as well as make them very rich by gambling, I would like to dispel this misconception. Follow the background of those who are successful, be it in your neighborhood or in your country or in the world, but no one has become so successful by gambling. Look at those around you who are in a better position than you, or in whose position you consider yourself, to see how much effort and risk they have taken in life to get to where they are. If you want to get into his position by gambling instead of working as hard as he did, I'd say you're living in a fool's paradise. Instead of spending extra money on gambling, invest that money in your business and if you lose money after investing in business, it is not a problem because you can learn from it. When you are successful in business you can gamble if you want but you need to arrange the right source of money to gamble.

In my opinion, this gambling trap works more sophisticatedly. The thing is that we all admit that we can win, placing a bet for the first time. Then we promise ourselves not to play. So we place this bet, and then we lose, and it seems like we want to quit, but the understanding that luck was close makes us play again. And then again. And when even a small win occurs, the gambler thinks - "now I won little, but winnings really do happen." And he plays on. And now he is completely into gambling.

People who gamble normally I think they all gamble with the idea in their mind that they know a lot about gambling and they will definitely be able to make a lot of money by gambling. But when they lose the bet they actually realize that the reality is much harder than their imagination. Maybe a gambler has to rely on luck to gamble but while relying on luck, the gambler must have enough knowledge about this gambling game. If a gambler does not know how to gamble and how much profit can come after gambling or how much risk can be fairly safe, then he will easily lose by gambling. Win or lose is the next thing they need to know first and be responsible with their money only then they will know the difference between right and wrong.

[Dewi Aries]

On the other hand I am sure that even though you have smart financial management of the amount of winnings but surely the amount of your losses is always greater, because usually a gambler will only get a win after they have lost several times, but at least being in a break-even situation is much better, namely by always being smart in managing winnings by always limiting your approach to gambling, don't be too excessive.

Gambling is never really a source of income. It’s better to shift our mindset and not expect any kind of return from spending $1,000, because in the end, that could very well turn into $0. If you’re good at financial management, I’d say that skill doesn’t really belong in gambling because, in the end, it may not be worth it like with other stuff.

When we gamble, let’s make sure it’s not about making money—our main goal should be simply to enjoy ourselves. That is why we say "just gamble for fun" and "only spend money that we can afford to lose."

Not never but it will never be used as a place to earn income because after all it is a goal that will never be possible to achieve in a place that depends on luck. As you said that it is better for us to change our mindset towards gambling by not expecting anything from gambling except the entertainment aspect, but that does not mean you have to waste your winnings, or what I mean when you win then take advantage of the winnings by cashing in and enjoying it rather than ending up with regret when the amount is lost again.

On the other hand as I said above about why gambling can never be used as a place to seek entertainment, and that is why yes as you said that we are always advised to only make gambling a place to seek entertainment.

[Hispo]

...

It is a source of income if you are the house, though. That is the biggest exception within this industry.
Also, I don't completely agree with you say financial management does not go well with gambling or betting, we could say that financial management is just another way to call bankroll management, which is essential when someone dives within the world of gambling and betting, you know, to stick to a budget and in the case of having good luck and storing some gains, deciding what percentage of the income is supposed to remain in the casino to continue gambling and which percentage is supposed to be withdrawn and re-invested or spent in whatever the gamblers may want.

Quite ironic you started talking about how gambling is not supposed to be a source of income and I just logged off my favorite casino after losing money to them, by playing blackjack. 

[hahay]

On the other hand I am sure that even though you have smart financial management of the amount of winnings but surely the amount of your losses is always greater, because usually a gambler will only get a win after they have lost several times, but at least being in a break-even situation is much better, namely by always being smart in managing winnings by always limiting your approach to gambling, don't be too excessive.

Gambling is never really a source of income. It’s better to shift our mindset and not expect any kind of return from spending $1,000, because in the end, that could very well turn into $0. If you’re good at financial management, I’d say that skill doesn’t really belong in gambling because, in the end, it may not be worth it like with other stuff.

When we gamble, let’s make sure it’s not about making money—our main goal should be simply to enjoy ourselves. That is why we say "just gamble for fun" and "only spend money that we can afford to lose."

But unfortunately, when they become a new player and then get a win, then they will also feel the pleasure and pleasure in the victory they get. Thus, there is always a mindset to make money  in gambling but unfortunately, they too quickly become addicts even though they experience more frequent losses than wins and not what they imagined at the beginning. But,  because they have become addicts, then of course it will be difficult for them to stop, until they don't realize they have gone too deep and it is difficult to get out of their addiction to gambling.

[bitzizzix]

On the other hand I am sure that even though you have smart financial management of the amount of winnings but surely the amount of your losses is always greater, because usually a gambler will only get a win after they have lost several times, but at least being in a break-even situation is much better, namely by always being smart in managing winnings by always limiting your approach to gambling, don't be too excessive.

Gambling is never really a source of income. It’s better to shift our mindset and not expect any kind of return from spending $1,000, because in the end, that could very well turn into $0. If you’re good at financial management, I’d say that skill doesn’t really belong in gambling because, in the end, it may not be worth it like with other stuff.

When we gamble, let’s make sure it’s not about making money—our main goal should be simply to enjoy ourselves. That is why we say "just gamble for fun" and "only spend money that we can afford to lose."

Not never but it will never be used as a place to earn income because after all it is a goal that will never be possible to achieve in a place that depends on luck. As you said that it is better for us to change our mindset towards gambling by not expecting anything from gambling except the entertainment aspect, but that does not mean you have to waste your winnings, or what I mean when you win then take advantage of the winnings by cashing in and enjoying it rather than ending up with regret when the amount is lost again.

On the other hand as I said above about why gambling can never be used as a place to seek entertainment, and that is why yes as you said that we are always advised to only make gambling a place to seek entertainment.

Even those who are experts will not be able to make gambling a steady income, because in general the percentage of winning and losing is greater than the percentage of losing because gambling must be done only for entertainment and playing with full awareness because it will make you unable to be controlled by the gambling game. Gambling is a very fun game and sometimes brings luck, and if we can take advantage of that luck and not continue the game, then it is a very good choice so that we get a full victory to use or buy something useful for us. Making gambling as entertainment is indeed not easy because gambling always involves emotions and lust that will only make us lose control and also lose everything, but this must also be trained and also accustomed to and only played in our spare time after we prioritize other important needs.

[l3pox]

On the other hand I am sure that even though you have smart financial management of the amount of winnings but surely the amount of your losses is always greater, because usually a gambler will only get a win after they have lost several times, but at least being in a break-even situation is much better, namely by always being smart in managing winnings by always limiting your approach to gambling, don't be too excessive.

Gambling is never really a source of income. It’s better to shift our mindset and not expect any kind of return from spending $1,000, because in the end, that could very well turn into $0. If you’re good at financial management, I’d say that skill doesn’t really belong in gambling because, in the end, it may not be worth it like with other stuff.

When we gamble, let’s make sure it’s not about making money—our main goal should be simply to enjoy ourselves. That is why we say "just gamble for fun" and "only spend money that we can afford to lose."

Not never but it will never be used as a place to earn income because after all it is a goal that will never be possible to achieve in a place that depends on luck. As you said that it is better for us to change our mindset towards gambling by not expecting anything from gambling except the entertainment aspect, but that does not mean you have to waste your winnings, or what I mean when you win then take advantage of the winnings by cashing in and enjoying it rather than ending up with regret when the amount is lost again.

On the other hand as I said above about why gambling can never be used as a place to seek entertainment, and that is why yes as you said that we are always advised to only make gambling a place to seek entertainment.

Even those who are experts will not be able to make gambling a steady income, because in general the percentage of winning and losing is greater than the percentage of losing because gambling must be done only for entertainment and playing with full awareness because it will make you unable to be controlled by the gambling game. Gambling is a very fun game and sometimes brings luck, and if we can take advantage of that luck and not continue the game, then it is a very good choice so that we get a full victory to use or buy something useful for us. Making gambling as entertainment is indeed not easy because gambling always involves emotions and lust that will only make us lose control and also lose everything, but this must also be trained and also accustomed to and only played in our spare time after we prioritize other important needs.

you are right, just a small percentage of really lucky ones end up being able to make a living out of gambling and even those are probably better walking away from the house when they hit big and simply STOPPING, focusing on something else

it may sound crazy but return to the mean is real.
better to avoid it if you hit big

[Jaycoinz]

There are two types of people that gambles that I know of, it's actually three but let's just remove the third for they're the ones that are the real enjoyers of it. So here they are.

1. Gamblers that are thinking of getting out of poverty through gambling.
2. Rich gamblers that are still hooked with gambling and thinks that they can multiply their money on it.

So, either can be for fun but that's the definition that I've come up for both of them. We can say that we're all for fun and games but can't remove the fact that when money talks, everybody listens and so as gamblers.

The third one should be those that are dealing with gambling dependency issues, they try to use it as a coping mechanism to escape the realities of life, these category of people don't care about winning or losing, they just continue gambling till they have nothing left. Gamblers that are thinking of getting out of poverty' through gambling can't do it for fun because of the tension they might have while gambling, rich gamblers on the other hand tend to have fun with it but not all rich gamblers have that mentality. Whatever the case maybe gambling isn't the way out of poverty.

[MarjorieZimmermanGinger]

Gambling addiction may be less likely to occur when you are mature enough in age as you have an environment of your own and are responsible for all the functions including maintaining the family. Gambling should be seen as a means of fun and entertainment without wasting extra time and money. Gambling with colleagues can be more positive for you as not all of them should be addicted and it can help you become more aware.

Keeping yourself away from gambling shouldn't take away your chances of real success as a form of entertainment you should have in your life. However, the allocation of time and money to protect yourself from addiction should be limited.

Maturity does not limit someone from getting involved in gambling because there are other factors that may influence someone to be more addicted to betting. The environment can have an effect on someone getting involved in irresponsible gambling, but it comes back to self-control because there are many people in their environment who are full of gambling, but it does not make them trapped in gambling.

There is no relationship between success and gambling and no one said so from the previous discussion. But it is precisely when we gamble irresponsibly that it will cause problems that ultimately make us lazier to do something more useful.

[Ricardo11]

The third one should be those that are dealing with gambling dependency issues, they try to use it as a coping mechanism to escape the realities of life, these category of people don't care about winning or losing, they just continue gambling till they have nothing left. Gamblers that are thinking of getting out of poverty' through gambling can't do it for fun because of the tension they might have while gambling, rich gamblers on the other hand tend to have fun with it but not all rich gamblers have that mentality. Whatever the case maybe gambling isn't the way out of poverty.

In fact, this is the biggest problem of gamblers, that they choose gambling as a way to get rid of poverty. They are extremely greedy, and won't stop gambling at anything, win or lose. These people get so caught up in the process of the game rather than winning or losing that they don't stop until they lose everything. Especially those who are poor, and want to get rich through gambling. They have chosen the most wrong and most risky and addictive thing, as a means of getting rich. This will push them towards greater problems and disasters, and they will become more destitute.

[Mr. Magkaisa]

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.

          -      don't rely to anyone for your life. Gambling might have an easy success for others. but a disaster to many. there are few lucky person in this world and a bunch of losers.

Gambling will cut your feathers with your dreams and you will see your self on the ground with nothing. Remember, You gamble only worth yourself! but if you loose. you are loosing the money
of your family. Control yourself.