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Author Topic: What do you think is the disadvantages of gambling  (Read 2331 times)
GeorgeJohn (OP)
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April 06, 2025, 10:12:07 PM
 #121

Been without a job or any form of a source of income except for gambling as a means you hope on getting funds from us a huge disadvantage to the gambler because any money you are lucky to win the chances of you returning that money back  to the house is very high. Because whatever amount you win won't be satisfactory you'll always want to double it and on trying to double you just lose it all and more.
You can't be satisfied with gambling fund's or money, when you win in the gambling, you will be motivated to gamble more and win, but if you have such mentality of wining with you profited with gambling, I think that will make you to be addicted on gambling

Gambling has different disadvantages, mostly if you're gambling consistently and you believe that gambling will be giving you daily wining, so from my point of view, the disadvantages of gambling is much, especially when you depends on gambling to survive, one of disadvantages of gambling is when you don't know your limits.

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April 06, 2025, 10:25:16 PM
 #122

I don't think it can be called as disadvantage of gambling, it was caused by the gambler who're not responsible with himself.

Mineral water is the most healthy drink, but if you drink a loooot, you might suffer water poisoning. Same to gambling, gambling is an entertainment, it's a game that make you excited to play, but if you gamble too long or spend too much, it could ruin your life very seriously.

Like, commit suicide or become homeless.
I wonder why the thread is captioned the disadvantages of gambling when it was the gambler who failed to control his behavior. Maybe the topic should be disadvantages of loss chasing or over gambling. Too much of everything is bad, when you do fail to control your gambling activities, it will always bring regrets.
Yeah, that is true. Honestly, everything is on us once we start gambling. The online casino is just a platform that offers gambling services, which means it doesn't have any control over us. It is we who will decide if we will enter the realm of gambling and maybe lose money in the process by doing so. This is why we must think twice before jumping the gun. There's no assurance that we will win with this method; it's literally the opposite that we will probably experience. Losing and then stress. The disadvantage is on us because we will lose control once we chase our losses. I have been there many times, and I could tell it would be an arduous journey.

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April 06, 2025, 10:41:33 PM
 #123

-snip-
You can't be satisfied with gambling fund's or money, when you win in the gambling, you will be motivated to gamble more and win, but if you have such mentality of wining with you profited with gambling, I think that will make you to be addicted on gambling

Gambling has different disadvantages, mostly if you're gambling consistently and you believe that gambling will be giving you daily wining, so from my point of view, the disadvantages of gambling is much, especially when you depends on gambling to survive, one of disadvantages of gambling is when you don't know your limits.
I admit you are right - this is why the gambling industry is so attractive to some people. There are many greedy gamblers who spend so much money every day in the hope of winning big - but not all of them can actually win it. We have seen so many gamblers who lost all their money and became poor - of course, they are gamblers who have the wrong mindset towards gambling. Their approach to gambling is to make money - not to have fun.

Gambling becomes fun when gamblers are not ambitious to win. They know the limits of when to stop and how much money they can spend - this will prevent them from losing all their money due to addiction. They are looking for fun even if they have to spend their money - that is normal and advisable.

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April 06, 2025, 10:46:26 PM
 #124

Greed is the reason for mega profits, but not everyone can make it; most game players lose it. Greed works differently in gambling, which is very difficult to control. Due to this greed, people have lost all their money, hoping to get more. As you said, if they win later in the hope of mega-profits, they can't keep it and bet it all. Those who can't keep it away, most of them lose money. If they can keep it and slowly bet more, they may profit from it, too.
Some categories of greed and risk are in the same place; if you are not greedy, you can't win a big amount, and if you don't take risks, you can't win a breathtaking amount as well, but there are levels to which this risk could be taken and how much you can allow your greed to control you.

Some people still apply wisdom even while being greedy, while some just go all in all in the name of the mega winning, which always sends them back home with nothing. It's best you minimize the risk and have something to fall back on than go all in and lose it all.

 
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April 06, 2025, 11:00:34 PM
 #125

So from your own perspective, what do you think is among disadvantages of gambling with what you have?
With what I have seen, the disadvantage of gambling is addiction to loses.  Addiction is one of the problem Gamblers face each day, this addiction is either chasing after loses or wanting to win more. The love of money is real and everyone wants to have a taste of it no matter what, and for that reason people go extra mile in gambling since they see it as an only option to make quick money at ease without knowing that the part is very difficult. In the expens of making quick money they get addicted to Gambling building fake hope on what is not possible, thereby losing in the long run.

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April 11, 2025, 08:31:35 PM
 #126

There are actually two disadvantages of Gambling, the first is thinking you can easily become rich by gambling with small amount of money been Wagered, many people have turn towards this gambling as a means to get rich quick thereby introducing this act of laziness into some people.

Another disadvantage is the greed that leads to addiction, people are so cut up gambling that they have turned it to something else, with the growing greed of mankind money many people have gone to have been addicted in such a way that they have even sold their properties to gamble or they have used others money to gamble, addiction like this has lead many people to actually been in cell or maybe in huge debt to clear. I think every other disadvantage is backed by this two listed above

My observations will be centered on gamblers that are extremely competitive and highly dependent on increasing their money through gambling.
The major impact of greed is what leads to gambling and majorly,the pursuit of money in today's society is what triggers people into gambling.Meanwhile,Unmet needs, dissatisfaction and financial insecurity,all of these are regarded as the gambling starters.

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April 11, 2025, 11:10:59 PM
 #127

A friend of mine that gambled and won told me that he will be gambling with money he won to multiple he's money, I looked at him and told he, that what he said is wrong concept in gambling, I told him to map out some amount for gambling and use the remaining for investment because gambling is not a sure something that you will be winning almost every time,

But he insisted that before the money he won will finish he will win more, so since he refuted my advice, then I let he go to do his wish, after one week time, he came to me and started blaming himself for misusing the money he won on gambling,

So from your own perspective, what do you think is among disadvantages of gambling with what you have?
The disadvantages of gambling is very enormous but let's speak of this current situation, it is greed that came over your friend.which has lead him to serious loss which he will not recover from, he would have spent his money wisely ,since he has failed to listen to his friends advice then he should bear the heart break alone, that is why it is important to limit your self when gambling so that you will not find yourself in such situation.

Gambling does affect your self-esteem, relationships with friends and family, physical, emotional and mental health, work performance and social life.

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April 12, 2025, 06:24:37 PM
 #128

The person is stubborn because he believes in doubling the money in gambling again --- this is like a severe addiction and in the end will regret blaming himself by saying “I failed to take your advice” Yeah people like this will realize after losing all.

I do feel the loss, but if you have won a large amount then you have to enjoy it, whether it's in investment or spending on yourself it doesn't matter as long as you enjoy it.

It's actually stupidity, believing that if you put a certain amount of money into it you can multiply it, in as much as there's a possibility to this it's just crazy that a lot of people fix their mind only on winning. They don't think about what happens if they end up losing the money. Gambling is all about luck and winning doesn't come by chasing it. It's difficult to win but just like what you said every win should be utilized wisely, do something remarkable with your profits cause you might not get so lucky again

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April 13, 2025, 09:46:25 PM
 #129

Greed is the reason for mega profits, but not everyone can make it; most game players lose it. Greed works differently in gambling, which is very difficult to control. Due to this greed, people have lost all their money, hoping to get more. As you said, if they win later in the hope of mega-profits, they can't keep it and bet it all. Those who can't keep it away, most of them lose money. If they can keep it and slowly bet more, they may profit from it, too.
Some categories of greed and risk are in the same place; if you are not greedy, you can't win a big amount, and if you don't take risks, you can't win a breathtaking amount as well, but there are levels to which this risk could be taken and how much you can allow your greed to control you.

Some people still apply wisdom even while being greedy, while some just go all in all in the name of the mega winning, which always sends them back home with nothing. It's best you minimize the risk and have something to fall back on than go all in and lose it all.
Greediness have limits, but the thing is that we have to understand very well that gambling have a limit, for you to win big amount of money in the gambling is not all about Greediness, but is amount how much  you stake, Greediness come in way that you have given opportunity to cash out  in gambling but out of self interest you declined to cash out thinking that all the game will play according to your observations.

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April 17, 2025, 05:32:07 AM
 #130

Is obvious that Greediness is one of the biggest disadvantage of gambling because it can lead to so many things which is going beyond your gambling budgets. let's take for instance you have $2 in your budget that's the money you intend to gamble with, but at some point you can decide to increase your gambling budget to $10 or even more as the case may be. Sometimes it could be due to the source that the game came from, most people can think that is from a very reliable source so at this point they have full confident over the game which is why they will go extra mind in their staking. because they have been convinced that the game is sure, so most gamblers will want to utilize the opportunity by going beyond thier gambling budget so that the outcome is going to be massive, without knowing that gambling is just a game of luck.

I think this mindset of a game coming from what some gamblers perceive as reliable source as you said has rendererd some gambler financially incapacitated, I think first and foremost a gambler should understand that gambling should not be taken as a source of income so that such gambler will not do things that are supposed to be frowned at while gambling, a gambler should learn how to be very desciplined, this approach will help to eliminate greed totally from such gamblers mind, what many gamblers are suffering today is as a result of not sticking to their original plans which may be resulting from either wanting to make more money from increased stake which might be unrealistic at The end of it all, in as much as know that in gambling things are easily said than done, am one of those gamblers that follow my gambling activities carefully to avoid being a victim of what I keep condemning.

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April 17, 2025, 01:51:21 PM
 #131

It's like a curse when someone win in gambling, they will immediately turn it into a income stream, this is why some people turn themselves into big loser because of gambling, till today many people still don't know when to get up and walk away, they always want more.

If you win even after a few seconds when gambling it is a sign, what lies ahead might be a ugly outcome and moreover losing money is far easier in gambling than winning, so when wins happen I expect you to take a leave until some another time.

When you expect too much from gambling it will change you, unknowingly you might be more aggressive towards your own family, mood swings will take place at any time, you will lose control.

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April 17, 2025, 02:12:45 PM
 #132

It's like a curse when someone win in gambling, they will immediately turn it into a income stream, this is why some people turn themselves into big loser because of gambling, till today many people still don't know when to get up and walk away, they always want more.

If you win even after a few seconds when gambling it is a sign, what lies ahead might be a ugly outcome and moreover losing money is far easier in gambling than winning, so when wins happen I expect you to take a leave until some another time.

When you expect too much from gambling it will change you, unknowingly you might be more aggressive towards your own family, mood swings will take place at any time, you will lose control.
This is what happens to most gamblers, when they win a game, then they think that, they will win in the next games too, and thinking that they will increase their gambling amount, which ultimately leads to more losses.
Such gamblers do not know how to stop at the right time, and for this reason they can never enjoy winning. Because after winning, they keep gambling more with that winning, and lose their real money along with there wining money too.
There are also many gamblers who see gambling as the easiest way to get rich, their main goal is never entertainment but making money. When a gambler starts seeing gambling as a way to make money, then terrible consequences await him in his future.
So gambling should be kept in the right perspective, if gambling is played correctly, then gambling will never be dangerous, but when gamblers cross their limits and keep chasing only win, only then will gambling take everything away from them.
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April 17, 2025, 02:49:50 PM
 #133

It's like a curse when someone win in gambling, they will immediately turn it into a income stream, this is why some people turn themselves into big loser because of gambling, till today many people still don't know when to get up and walk away, they always want more.

When you expect too much from gambling it will change you, unknowingly you might be more aggressive towards your own family, mood swings will take place at any time, you will lose control.

Any gamblers who is getting furious on their family might not be mentally stable because family should even be the cool off point for them because in family the love is unmeasurable, However impossible expectations is a very big disadvantage to gamblers and the impossible I'm emphasizing on is for those aiming to build estate through gambling without understanding there is another estate gambling has built on them because when the gambling is earning everyday and every week from someone is like the person has become tenant to it do the generation of money is getting from the person, so the moment they will stop being a tenant to gambling that's when they would have a low disadvantage, so people should only gamble wisely and not reckless.

 
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April 17, 2025, 03:30:40 PM
 #134

A friend of mine that gambled and won told me that he will be gambling with money he won to multiple he's money, I looked at him and told he, that what he said is wrong concept in gambling, I told him to map out some amount for gambling and use the remaining for investment because gambling is not a sure something that you will be winning almost every time,
If you follow social media trends to start gambling you will have the same thinking as the OP's friend. Everything about it is just wrong. And even when you try to correct them they won't change their ways.
The OP's friend coming to admit that he misused his money should not be taken for a change of heart. No. When their thinking about doubling their money hasn't change. You will see it manifest when more money from outside source enters his hands. He will return to gambling irresponsibly.

The problem most people have is having much expectations from gambling, they don't assume it there's a chance of losing...Some people treat it like an investment, they are just confident that if they put their money into it they will get double of their capital, people with such mindset get addicted to Gambling easily.. social media has given people a wrong concept of gambling and this is the problem affecting a lot of people today..not everything on social media is really true and copying everything you see can wreck you.

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April 17, 2025, 03:35:16 PM
 #135

A friend of mine that gambled and won told me that he will be gambling with money he won to multiple he's money, I looked at him and told he, that what he said is wrong concept in gambling, I told him to map out some amount for gambling and use the remaining for investment because gambling is not a sure something that you will be winning almost every time,

But he insisted that before the money he won will finish he will win more, so since he refuted my advice, then I let he go to do his wish, after one week time, he came to me and started blaming himself for misusing the money he won on gambling,

So from your own perspective, what do you think is among disadvantages of gambling with what you have?

Obviously, your friend became greedy when you were talking. Maybe during those times, he was very positive and confident that he would really win. Or maybe he felt that when he played,
luck was on his side, that's why he was so aggressive in what he was saying to you.

It's not that luck is always on our side when we play gambling, in reality, this is also the fault of others, so most of the time they always lose because they are also the ones who are really
at fault, that's why it happened like that. So his positive thinking about winning became his disadvantage, that's why he lost.

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April 17, 2025, 03:43:54 PM
 #136

A friend of mine that gambled and won told me that he will be gambling with money he won to multiple he's money, I looked at him and told he, that what he said is wrong concept in gambling, I told him to map out some amount for gambling and use the remaining for investment because gambling is not a sure something that you will be winning almost every time,


Definitely the odds won't be in favour of you in most cases  and he'll tend to lose more than winning having that mindset that he wants to double the money. It's so funny he saying before the money is exhausted he'll win more of it, that doesn't work in gambling and it's a sign of greed and one disadvantage i spot out of this is fear of loosing that has resulted in doubling what he has, beside he can win if he remove that mindset and gamble with what he can afford to lose.regardless gamble with caution.

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April 17, 2025, 04:20:38 PM
 #137

A friend of mine that gambled and won told me that he will be gambling with money he won to multiple he's money, I looked at him and told he, that what he said is wrong concept in gambling, I told him to map out some amount for gambling and use the remaining for investment because gambling is not a sure something that you will be winning almost every time,


Definitely the odds won't be in favour of you in most cases  and he'll tend to lose more than winning having that mindset that he wants to double the money. It's so funny he saying before the money is exhausted he'll win more of it, that doesn't work in gambling and it's a sign of greed and one disadvantage i spot out of this is fear of loosing that has resulted in doubling what he has, beside he can win if he remove that mindset and gamble with what he can afford to lose.regardless gamble with caution.
99% of gamblers are sure losers and the remaining are just that those winners that have that been simply being lucky at the moment or time that they do gamble. The main disadvantage would be talking about getting addicted with it, because at the  time or moment that you do get addicted with gambling then you cant just that simply stop yourself on playing when you do get already been shackled out.

Whenever we do speak about gambling then it should be just that for fun and not for making money. The wrong thing for most people is that they do become that too impulsive at the same time they do become that addicted on which it causes up for things to be that get messy just because of wrong decisions you have made on. Always be that mindful about into the actions and be sensible on whats good on whats bad into the choices you do made out. Gambling should be fun and entertaining rather than to be that stressful because you are wanting to aim for money.

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April 17, 2025, 04:28:39 PM
 #138

There's nothing to discuss about this matter because the majority like 90% of the people, approach the gambling in such way, and to be honest even sometimes I fall into that trap as well, but I don't bet big or win big so it doesn't affect me. Anyone who think they can beat the house will exhaust their balance, so just enjoy the winnings as much as you can instead of multiplying it further. Greed is what turns a good and lucky day into regretful ones just only because our bad decisions.

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April 17, 2025, 04:34:20 PM
 #139

Definitely the odds won't be in favour of you in most cases  and he'll tend to lose more than winning having that mindset that he wants to double the money. It's so funny he saying before the money is exhausted he'll win more of it, that doesn't work in gambling and it's a sign of greed and one disadvantage i spot out of this is fear of loosing that has resulted in doubling what he has, beside he can win if he remove that mindset and gamble with what he can afford to lose.regardless gamble with caution.

Realistically, odds are never in favor of gamblers in the long term, though. That is why when a friend of mine or even myself manage to score some money our of a casino the first thing I try to remind myself is about the dangers of greed and how it can easily to set us back to the start line of our gambling budget.
One needs to know when luck is blessing us and be able to withdraw from the casino to our personal wallets, and enjoy the money in anything which does not have anything to do with gambling or betting.

His friend learnt the lesson through the hard way and if we see this story on the bright side, it is probably he won't commit the same mistake in the future and will identify when he is supposed to withdraw part of his earnings for him to spend on whatever he likes..

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April 17, 2025, 05:03:41 PM
 #140

A friend of mine that gambled and won told me that he will be gambling with money he won to multiple he's money, I looked at him and told he, that what he said is wrong concept in gambling, I told him to map out some amount for gambling and use the remaining for investment because gambling is not a sure something that you will be winning almost every time,
The problem some gambles is that they didn’t wait to get the knowledge and experience about the gambling they just jump into gambling and get Luck to win, that’s why if not if it’s those that have been long time in a gambling they and knows in and out will not try to make this kind of decision; because a gambling is something that a person will relay since is all about luck.

I hope it will follow your the advices you recommended to him, as you said earlier that’s the plenty truth a gambling is not something that it will be winning every time or day is once a while; because it depends on how the person get lucky shall. But if a person can have a good plan after winning amount of money from gambling and divid it into so that it can able to take one part to invest in another thing.

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