What do you think is the disadvantages of gambling

[Muba20]

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?

There is no point in regretting after making a mistake in gambling. When you told your friend that he did not value you. It is not only your gambler friend who behaves like this, there are many gamblers who do not want to value anyone else if they have money and are not interested in following anyone's suggestions. But when they are calm, they regret all those mistakes. If you cannot do the work on time, it is natural that there will be losses. If your friend learns from the mistake and is careful for the future, then it can definitely be a great lesson, but if he makes the same mistake again in the future, he will have to pay. When it comes to gambling, the gambler should definitely gamble within control.

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 is not a source of income, many people consider gambling as a way to make quick money and a common human tendency is that they cannot be satisfied with what they get. That is why many people quickly become addicted gamblers due to excessive gambling. The more one expect to win in gambling, the more likely he is to become addicted.

[LUCKMCFLY]

Betting everything like that only brings negative Consequences , because of things like what happened to your friend, I always advise that you should withdraw Money in a casino When you win, it doesn't matter if it's a little, the idea is to have that money in our hands , and once you win , go, enjoy it, and go play another day, but with very little money.

[DaNNy001]

The disadvantage is to lose money you should be using to pay for your daily expenses and money to be invested for passive income and long term financial progression, besides the possibility of getting hooked by gambling and compromising your relationships in the process.

It's not only about losing money, but also the social, physical and mental aspects of your life. People won't wish to stay by the side of a degenerated unstable gambler who isn't able to provide security, neither good moments with people around.

These are all serious disadvantages implied to disfunctional gambling practice. With that in mind, be responsible and think twice before sacrificing the most important things in your life for nothing.

This is why you people should set aside a bankroll for gambling instead of using money meant for other things, this is indeed a demerit of gambling..A lot of people take risks that might turn out to unfavorable to them, your bankroll or budget is supposed to be your spare money not the money you have planned to use for your daily expenses or other things..your other point too is valid, gambling can lead to psychological disorders when a person gets hooked to it

[Agbe]

The disadvantage is to lose money you should be using to pay for your daily expenses and money to be invested for passive income and long term financial progression, besides the possibility of getting hooked by gambling and compromising your relationships in the process.

It's not only about losing money, but also the social, physical and mental aspects of your life. People won't wish to stay by the side of a degenerated unstable gambler who isn't able to provide security, neither good moments with people around.

These are all serious disadvantages implied to disfunctional gambling practice. With that in mind, be responsible and think twice before sacrificing the most important things in your life for nothing.

This is why you people should set aside a bankroll for gambling instead of using money meant for other things, this is indeed a demerit of gambling..A lot of people take risks that might turn out to unfavorable to them, your bankroll or budget is supposed to be your spare money not the money you have planned to use for your daily expenses or other things..your other point too is valid, gambling can lead to psychological disorders when a person gets hooked to it

You're definitely right gambling has a negative effects on our mental well being so we should be careful when gambling because when we expose yourself too much to gambling we become addicted and addiction affects our mental well being gambling related addiction has been linked to mental health disorders so we should tread with caution when engaging in gambling

[SatoPrincess]

You're definitely right gambling has a negative effects on our mental well being so we should be careful when gambling because when we expose yourself too much to gambling we become addicted and addiction affects our mental well being gambling related addiction has been linked to mental health disorders so we should tread with caution when engaging in gambling

Gambling has its pros and cons just like everything else in the world but we still do them anyway because we find pleasure in them. It is very much possible to gamble responsibly-for fun and in a healthy way that doesn’t require breaking the bank.

[freedomgo]

Gambling has its pros and cons just like everything else in the world but we still do them anyway because we find pleasure in them. It is very much possible to gamble responsibly-for fun and in a healthy way that doesn’t require breaking the bank.

For some people who are responsible gamblers, it’s not a problem because they know how to stick to their limits. But honestly, there are people especially in poor countries who are desperate to make money and end up going down the wrong path. Sometimes, they even see gambling as a good way to earn, when in fact, it’s the opposite.

So what I’m saying is, it’s us who shape our own fate here. Our actions define our future.

[Versatile_choice]

There are a lot of disadvantages in gambling, but I think one of the biggest disadvantage of gambling is losing our money. Because those money that we have being losing to gamble is due to invest it into something very profiting, or better still we can use it for important stuffs like wears and others. Because those money that we have been using to gamble is just like a waste, Reason is because we are not sure about the outcome. Secondly as a gambler and you fail to apply self control when gambling definitely it becomes a problem, which is becoming addicted to it and I guess you know what it means when someone is addicted into gambling, this are the few disadvantages of gambling.

[passwordnow]

So what I’m saying is, it’s us who shape our own fate here. Our actions define our future.

Definitely, we do what we should do and that's to give ourselves some rewards if we've made profits from our bets. Those that don't take out what they should have are missing the whole point of gambling. We have to win and take that money because if we don't, we're mostly wasting it and we're not going to love the outcome of it just like the example in the OP. We see the blaming game at the end of it because of his ignorance of not taking his winning money but didn't even touched nor withdrawn it. That's why it is important to withdraw some gambling money that we've won, we deserve each penny of it.

[tvplus006]

...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,

Theoretically, your friend could have increased the money he won at the casino, so you shouldn't blame him for taking advantage of such a chance. Despite the fact that he lost the money in the end, he should remember this lesson well and will not make a similar mistake in the future.

[Natalim]

Gambling irresponsibly has never given us a good outcome, but rather regrets and frustration. A reason why we don't have to take it easy with it and spend more time is that it will influence our minds. In fact, many people had started gambling just wanting to experience it, but unfortunately, they are now addicted to it.

We might find ourselves okay for now since we are spending small amounts, but we might not know that from time to time we are dragging ourselves into addictions as we never control it.

[bitterguy28]

Betting everything like that only brings negative Consequences , because of things like what happened to your friend, I always advise that you should withdraw Money in a casino When you win, it doesn't matter if it's a little, the idea is to have that money in our hands , and once you win , go, enjoy it, and go play another day, but with very little money.

some people might think that withdrawing little amount of momey from a casino would nothing be but a waste especially if there’s some fees involved especially if you are using cryptocurrency that it would just be better to make use of that money by playing and hopefully making it double

[PX-Z]

Gambling irresponsibly has never given us a good outcome, but rather regrets and frustration. A reason why we don't have to take it easy with it and spend more time is that it will influence our minds. In fact, many people had started gambling just wanting to experience it, but unfortunately, they are now addicted to it.

Exactly, gambling has a strong psychological pull, it taps into human emotions like excitement and anticipation, but most of all, it feeds off greed. The more you're exposed to it, the more enticing it becomes, gradually increasing your desire to win more. Over time, that desire often turns into greed, making it harder to walk away even after losses. It's a cycle that can easily spiral if not kept in check.

[TelolettOm]

Gambling is not a source of income, many people consider gambling as a way to make quick money and a common human tendency is that they cannot be satisfied with what they get. That is why many people quickly become addicted gamblers due to excessive gambling. The more one expect to win in gambling, the more likely he is to become addicted.

It is just a big mistake if there are people who consider gambling as the source of income. Gambling is a place to spend money for entertainment purposes, it is not a place for earning money constantly. Even if we sometimes can earn money or win some prizes, there is no guarantee to have good result every time in gambling. Most gambling games are luck-based, we can't expect much to earn money with this condition. If we force ourselves too much to play gambling, it is true that we may end up with addiction problem and we may spend all our money. To gamble in a proper way, we must have some limitations. We don't blindly spend all the money, we shouldn't be emotional when we get losses. Must we must always realize that gambling is mostly for fun only.

Gambling has its pros and cons just like everything else in the world but we still do them anyway because we find pleasure in them. It is very much possible to gamble responsibly-for fun and in a healthy way that doesn’t require breaking the bank.

Very true. It is actually the same as other things, there must be always pros and cons. That's why we must have good understanding about gambling. We must know the nature of gambling, we should know the way to deal with the bad sides of gambling. Sure, if we gamble for fun, we possibly spend smaller amount of money.

[Proty]

Gambling irresponsibly has never given us a good outcome, but rather regrets and frustration. A reason why we don't have to take it easy with it and spend more time is that it will influence our minds. In fact, many people had started gambling just wanting to experience it, but unfortunately, they are now addicted to it.

We might find ourselves okay for now since we are spending small amounts, but we might not know that from time to time we are dragging ourselves into addictions as we never control it.

I believe the main reason why people easily get addicted to gambling is as a result of the fact that mojarity of them view gambling as means of gaining financial freedom and such it becomes and every day thing for them so regardless of wether they are losing all the time it doesn't really matter to them because they believe that definitely one day in the future they are going to succeed.

[laijsica]

The disadvantage is to lose money you should be using to pay for your daily expenses and money to be invested for passive income and long term financial progression, besides the possibility of getting hooked by gambling and compromising your relationships in the process.

It's not only about losing money, but also the social, physical and mental aspects of your life. People won't wish to stay by the side of a degenerated unstable gambler who isn't able to provide security, neither good moments with people around.

These are all serious disadvantages implied to disfunctional gambling practice. With that in mind, be responsible and think twice before sacrificing the most important things in your life for nothing.

This is why you people should set aside a bankroll for gambling instead of using money meant for other things, this is indeed a demerit of gambling..A lot of people take risks that might turn out to unfavorable to them, your bankroll or budget is supposed to be your spare money not the money you have planned to use for your daily expenses or other things..your other point too is valid, gambling can lead to psychological disorders when a person gets hooked to it

It is wise to set aside money for gambling. If you want to be fair to yourself and keep your income in line with your expenses, then each spending channel should be allocated according to a plan so that you do not lose or spend too much money. For those who do not spend it may be their own opinion but if someone expects to earn a small amount from gambling they should be prepared to lose.

To properly maintain your bankroll you should be mentally prepared with each of your alternative sources of income along with discretionary income and immerse yourself in a floating cash fund so that you do not become poor.

[tread93]

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?

Definitely there are disadvantages to staying after winning. The more temptation after a win arises because you feel lucky or feel like you're on some streak or something but then surely most of the time you lose and that's never fun. If you don't leave you set yourself at a disadvantage to most assuredly lose any money you've had or won!

[Swordsoffreedom]

Gambling is not a source of income, many people consider gambling as a way to make quick money and a common human tendency is that they cannot be satisfied with what they get. That is why many people quickly become addicted gamblers due to excessive gambling. The more one expect to win in gambling, the more likely he is to become addicted.

This is the main point. Gambling can never be our only source of income. We must have a source of income. Business or job. And we can take the risk of using the extra money from our daily expenses on gambling. But if we consider gambling as our only source of income, then we will go bankrupt very quickly. No gambler can say for sure that he will win. Most of the time gambling depends entirely on luck. Also, considering gambling as the only source of income will increase our chances of becoming addicted to gambling.

[casinosfyi]

Gambling comes with several drawbacks. One major issue is its destructive addictive nature. Individuals who develop a gambling addiction may continue to bet until they exhaust all their resources, which can include savings, personal items and family assets.

Even more troubling, those who are deeply involved in gambling often resort to borrowing money to continue gambling after losing everything. Once they face bankruptcy, some may even engage in illegal activities to try to regain their lost wealth.

Additionally, gambling addicts often exhibit more violent behavior towards their family members compared to those who do not gamble. This can have a detrimental impact on the mental well-being of children and spouses.

Another significant drawback is the unpredictability of relying on gambling for income, making it challenging for gamblers to achieve financial stability. This uncertainty stems from the inherently speculative nature of gambling.

It is widely recognized that gambling can attract criminal elements and gangsters. Consequently, some gambling events may be rigged. The equipment used might be tampered with to favor a particular individual, or someone may use intimidation to ensure a win. In extreme cases, this can lead to violence including fatal outcomes.

It can be said that gambling encourages immoral behavior in society. Furthermore, gambling often goes hand in hand with drug sales and use. While licensed gambling establishments are not allowed to engage in these activities, monitoring them is challenging, leading to the occurrence of such activities at gambling venues.

[Ishicryptic]

Betting everything like that only brings negative Consequences , because of things like what happened to your friend, I always advise that you should withdraw Money in a casino When you win, it doesn't matter if it's a little, the idea is to have that money in our hands , and once you win , go, enjoy it, and go play another day, but with very little money.

Gamblers deserve to enjoy their wins, they need to see it as a reward for the risk that they take to gamble their money, gamblers loses more money than what they win, there is no need to risk your wins. If you check the statistic of gamblers that have used their wins to continue gambling you will find out that most of them lost everything back to the casinos, so take wins and enjoy it. If you believe this concept you will understand that because you have won doesn't mean that you will continue to win. Greed is a big disadvantage in gambling, responsible gamblers knows better than continuing to gamble with their wins.

[Cointxz]

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

Gambling has a house edge which means you are playing in discord against the casino. This is the clear disadvantage on gambling because you are exposing your money on high risk in exchange to have fun and profit.

Main reason why gambling what you have that you can’t afford to lose is not advisable because there’s a high chance that you will lose it once your luck run out plus greediness kicks in.