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Author Topic: Is gambling a waste of time and money?  (Read 593 times)
Vaculin (OP)
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January 11, 2025, 01:34:07 PM
Last edit: January 11, 2025, 01:46:30 PM by Vaculin
 #1

People say gambling is a waste of time and money. That's the reason why as much as possible people are not encourage to take gambling. However, my point is, it could be a waste if you are an irresponsible gambler. You are gambling on your funds that should be paid on bills, or you are using your emergency funds. Or worst, you are gambling when you don't have the knowledge even the basics in  gambling. Now my question is, does it mean responsible gamblers never wasted their time and money when they are gambling? Then how about those losses that they have incurred, when they can use it to add to their emergency funds?

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Davidvictorson
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January 11, 2025, 01:38:33 PM
 #2

Irresponsible gambling results in a waste of time and money. It can have damaging effects on the person's career, relationships and mental health.
Gambling responsibly on other hand isn't a waste of time and money. Rather it can even add a little, very little money to your bank account but this shouldn't be the motive behind it.

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Bitcoinsummoner
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January 11, 2025, 01:42:13 PM
 #3

People say gambling is a waste of time and money.

Yes, I think gambling is a waste of time and money. Gambling isn't a shortcut way to earn more or be rich overnight. It's one type of trap to lose people's vast money or property. If a person continues to invest in gambling then at a time later he will lose all of the money one by one. The first time he earns a little more amount then he will addicted and invest a large amount of money that is most important for him but he will lose all of the money then he is determined to earn money here. This concept is wrong for him, and another way to debt from another person or friend money to invest there and lose everything. As a result, he will be a thief or bigger without any property.
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January 11, 2025, 01:45:34 PM
 #4

People say gambling is a waste of time and money.
It may be a waste of money and time especially for those who are constantly busy with gambling without work. But it can never be a waste of time and money for those who keep the source of income fixed and devote some time to gambling just for some entertainment. But if a gambler participates in gambling 4 or 5 days a week and takes bets and most of the time loses gambling and loses most of the income then it can be said that it is a waste of time and money. But for those who can control themselves and participate in gambling under control, it is entertainment.

 
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January 11, 2025, 01:45:50 PM
 #5

Gambling is not a waste of time if it's done with discipline and self control, not because you want to make a fortune with it. Gambling should be done for fun in order to enjoy the benefits in gambling, otherwise, it will be a waste of time when it's done the opposite way. Some people think gambling is business and they are investing by gambling, such people are wasting their money and time.

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January 11, 2025, 01:55:28 PM
 #6

Gambling in a disorderly manner is a waste of money and time. Gambling requires you to look at unnecessary money and free time. If you ignore these, you may lose everything, money and time.

Disciplined gambling may not be a waste of money and time. Gambling with small amounts of money in your free time can give you peace of mind even if you do not win, which is important for a person. Controlled and disciplined gambling is not a waste of money and time.











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January 11, 2025, 01:58:01 PM
 #7

Our time is wasted that is the essence of gambling in the first place, gambling is mainly to pass time and get entertainment, so we burn time while gambling seeking entertainment can be very expensive so for sure you have to lose money and time gambling, that is the reason why you shouldn't take gambling as a means of income will end in a bad outcome, so only use the amount of money and time that you can afford to lose while gambling to be responsible in your gambling.

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January 11, 2025, 02:06:26 PM
 #8

People say gambling is a waste of time and money. That's the reason why as much as possible people are not encourage to take gambling. However, my point is, it could be a waste if you are an irresponsible gambler. You are gambling on your funds that should be paid on bills, or you are using your emergency funds. Or worst, you are gambling when you don't have the knowledge even the basics in  gambling. Now my question is, does it mean responsible gamblers never wasted their time and money when they are gambling? Then how about those losses that they have incurred, when they can use it to add to their emergency funds?

When you gamble with the right funds, you will never think about your gambling affecting your emergency fund. I know it might be better for people not to gamble and they can get an emergency fund that continues to grow from what has been allocated for gambling.
If gamblers have regrets about their gambling, then they must feel that they have wasted money and time. Especially if gamblers have lost a large amount and start thinking about unfair gambling.
Gamblers who know the risks of gambling from the start, of course, will not mind their money and time.

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January 11, 2025, 02:07:23 PM
 #9

People say gambling is a waste of time and money.
I couldn't agree less with Davidvictorson, gambling is a waste of time and money for people who engage in it and don't practice responsible gambling. On the other hand gambling is a fun recreation for people who practice responsible gambling. This means that what gambling is to a gambler is different from what it means to another gambler that doesn't have the same gambling habit. It's important to note that people who sees gambling as a means of getting steady income might be wasting their time because it might not happen, gambling wins is by luck and we shouldn't put all our hopes on it. If you understand this simple fact then you would know that gambling wouldn't be a waste of your time and money if you engage in it.











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January 11, 2025, 02:10:48 PM
 #10

Irresponsible gambling results in a waste of time and money. It can have damaging effects on the person's career, relationships and mental health.
Gambling responsibly on other hand isn't a waste of time and money. Rather it can even add a little, very little money to your bank account but this shouldn't be the motive behind it.
Well, there must always be a motive before one begins to gamble. It could either spur a gambler to recover from loss or win bigger amounts of money at any time.
Still, the only waste of time and money could be when a gambler doesn't know how to gamble with an effective strategy or know how to use the cash out option that is available before the games staked on, ends.
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January 11, 2025, 02:21:32 PM
 #11

Depending on how people deal with it, if they can be responsible gamblers then it cant be considered as waste of time and money because once people are responsible for themselves, they will not do something they aware that they are wasting time and money.
Some people who are not even gambling may say gambling is wasting time and money because what they usually see is those who are negatively affected by gambling, I cant blame these people ofc because they do see it from 1 side only.
I can even say that few of my family members who know that I like gambling say such statement although I've told them how do I gamble.
Conclusion, waste time or money is not depending on other's opinion IMO but it is from the perspective of the gamblers themselves.

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January 11, 2025, 02:35:03 PM
 #12

Now my question is, does it mean responsible gamblers never wasted their time and money when they are gambling? Then how about those losses that they have incurred, when they can use it to add to their emergency funds?
life presents to us choices and it is left for us to choose what works for us and determine what we want to do with it. there are people that believe that doing a full time work whereby you work for government is a total waste of time. there is other that believe that salary is what is paid to workers so they can remain enslaved to the person they are working for. do you because of that view and conclude that working for someone is bad when in the real sense there are good paying jobs available for grab?

for those that are hoping that through gambling, hey can redeem themselves from poverty or want to depend on gambling for generating all their income, then they might just be wasting their time but for those that look at it as a source of fun or that only play games that they are highly certain of the outcome, it is totally false and inappropriate to call that a waste of time. you can do the right thing the wrong way while another can the same thing and get a better result from that. your result alone is not alone to make a complete conclusion on that. gambling can be a thing that brings excitement, it can be a waste of time and can as well be the route of out poverty, whatever it is to you is dependent on how you are going about it and it is all in your hands to change things around and gain from it rather than losing and harming yourself from it.

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January 11, 2025, 02:37:47 PM
 #13

Now my question is, does it mean responsible gamblers never wasted their time and money when they are gambling? Then how about those losses that they have incurred, when they can use it to add to their emergency funds?
How about those dollars you spent on a movie or eating in a restaurant? You spent money on these; you should have added it to your emergency funds.
If you're gambling with allocated funds, it means an excess of funds that you decide to allocate in gambling for fun with a chance to make a profit. You should not let others or blame yourself if you spend money on gambling to entertain yourself and you lose in the game.


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January 11, 2025, 02:46:22 PM
 #14

Hmm, my friend, responsible gambling is always recommended, but it does not mean that a responsible gambler will be free from defeat because after all they still play and play using money as usual, but what makes it different here is when you become a responsible gambler, you will not lose too much money like gamblers who are already addicted because when you are responsible, it means there will be no emotions involved and that is the reason why responsible gambling is always recommended, because in most cases, emotions and the inability to accept defeat are what make gamblers lose more and more money. I understand that not getting involved in gambling is much better because then you will not lose any money at all, but after all this is a choice and gambling is indeed a risky activity, I cannot fully consider gambling as a place to waste money because my principle is to exchange money for the pleasure that I get through the sensation when I play.
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January 11, 2025, 02:47:55 PM
 #15

People say gambling is a waste of time and money.
Gambling is a lot of things to a lot of persons. It is a waste of time and money to some people, while there are others who surely have a different opinion of it. Not all the opinions concerning gambling is correct.

Now my question is, does it mean responsible gamblers never wasted their time and money when they are gambling?
Even when gambling is regarded as something fun there are times when you could waste money on having fun that is why you have to also watch and put a limit to how much you have fun so that you do not squander and spend money that you should be saving or investing on having fun.

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January 11, 2025, 02:48:02 PM
Merited by bias (1)
 #16

People say gambling is a waste of time and money.

Replace gambling with: playing computer games, going to a club dancing, having sex, biking, going to the gym.
All cost money (yup some of us use condoms), all are taking time but you have fun doing it, so if you have fun gambling why should that be different?

How about those dollars you spent on a movie or eating in a restaurant?

I would argue that the restaurant is a bit different than the others since you eat, a thing you would have to do anyhow, so despite the difference in price it's still something you would have done in order to keep living, but yeah, I don't understand why everyone keeps focusing on the fiances and not on the entertainment aspect of it.


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January 11, 2025, 02:52:39 PM
 #17

People say gambling is a waste of time and money. That's the reason why as much as possible people are not encourage to take gambling. However, my point is, it could be a waste if you are an irresponsible gambler. You are gambling on your funds that should be paid on bills, or you are using your emergency funds. Or worst, you are gambling when you don't have the knowledge even the basics in  gambling. Now my question is, does it mean responsible gamblers never wasted their time and money when they are gambling? Then how about those losses that they have incurred, when they can use it to add to their emergency funds?

It depends on how you look at it, we have been debating about those individuals who says that they play to have some fun and be entertained. So if that is the case, then for them it's not a waste of time and money as obviously for them it's another form or recreation, and they believed that they are doing it responsibly. And definitely, we wanted to feel the thrill and the rush that gambling gives to us.

On the other hand, it become a problem, if we gamble what we can afford to lose, borrowing money just to continue to gamble even if we lose a lot of money already, and then that feeling of guilt after losing. So if we look at this scenario, then it's not only a waste of money and time, but you will have a big problem in the end. There should be balance or at least find something in the middle ground.

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January 11, 2025, 02:55:19 PM
 #18

People say gambling is a waste of time and money. That's the reason why as much as possible people are not encourage to take gambling. However, my point is, it could be a waste if you are an irresponsible gambler. You are gambling on your funds that should be paid on bills, or you are using your emergency funds. Or worst, you are gambling when you don't have the knowledge even the basics in  gambling. Now my question is, does it mean responsible gamblers never wasted their time and money when they are gambling? Then how about those losses that they have incurred, when they can use it to add to their emergency funds?
And I will verify this that is true that gambling is a place to waste money and time, and you just realized today? You are aware of it.
Basically gambling is an entertainment venue and usually the entertainment place takes time and also takes money and you must understand this from the beginning of gambling, it is the price that needs to be paid to get fun in gambling.

There are many people who are deliberately dating money here by gambling but they are able to control themselves are a good thing and it is not a problem, so the time and money used is a capital he is in an effort to get his goal in gambling.
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January 11, 2025, 02:55:36 PM
 #19

People say gambling is a waste of time and money. That's the reason why as much as possible people are not encourage to take gambling. However, my point is, it could be a waste if you are an irresponsible gambler. You are gambling on your funds that should be paid on bills, or you are using your emergency funds. Or worst, you are gambling when you don't have the knowledge even the basics in  gambling. Now my question is, does it mean responsible gamblers never wasted their time and money when they are gambling? Then how about those losses that they have incurred, when they can use it to add to their emergency funds?
It's a waste of time and money for some but a form of entertainment for others. I've heard many times that playing football, playing video games and overall, fun activities are a waste of time but I don't agree with them because many people have turned their hobbies and entertainment into a very profitable business.

If you are an irresponsible gambler, then gambling can be a waste of time, money and health. If you are a responsible gambler and you want to have fun after a stressful workday, then there is nothing wrong with gambling, it's not a waste of time if it helps you with mental stress. I personally have fun when I gamble and gambling helped me during my stressful days. For me, it wasn't a waste of time but a huge relief.

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January 11, 2025, 02:57:49 PM
 #20

Now my question is, does it mean responsible gamblers never wasted their time and money when they are gambling? Then how about those losses that they have incurred, when they can use it to add to their emergency funds?
You're not wasting money and time on something that satisfies you; it's similar to watching a concert; you feel alive, and feeling the joy is priceless; it adds years to your life; responsible gamblers don't mind spending and losing as long as they enjoy the experience.
And its not always losing; there are times that you could win some money, and that money you could use for another session.

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