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Author Topic: Don't Gamble when you are Broke  (Read 2362 times)
Ojima-ojo
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May 08, 2025, 04:38:29 PM
 #21

Gambling with the aims to make money from it, just to recover from your previous loses or low finances stage is somewhat a suicide attempt since you will eventually slip into higher loses.


Taking gambling to means of making money, is lime someone who take ponzi scheme as an investment, he will definitely carry loses at the end, so self decipline is very important in avoiding heavier loses.
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May 08, 2025, 04:38:41 PM
 #22

Most times people gamble when they are broke thinking and believing that they will make money but ends up losing even the remaining small money that is in their hand , gambling when you are broke is one of the worst things that anyone can do because when anyone is broke there are alot of things that are going on in the mind of such a person and for gambler's the huge to gambling will come on propelling then to gamble that they will bounce back, this is what many gambler's has experienced so we should try as much as possible not to gamble while we are broke as it will lead to more worries and regrets

If you have your last dime with you, then chose not to gamble if you cant afford to sacrifice it on gambling, because the chances for loosing is very high, especially under such condition whereby you expect the bet to come a winning, else, we should gamble when we have enough bankroll on our gambling wallet, we should also not gamble because of making money, this is a misplace of priority, if it comes, we should embrace it as an opportunity and if it doesn't, we should then see it as part of what makes the fun we had in gambling.

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May 08, 2025, 04:47:14 PM
 #23

If someone gambles when he is broke, that's near gambling addiction, or maybe he is.

There is a chance that the person is a gambling addict but there is also a chance that the gambler is taking an opportunity to challenge his luck whether he can grow his last money.  Other think (which is very wrong) that gambling is the last resort for instantly making huge money either to pay for debt or bills since the money they are holding is not enough to meet those demands.

You are right, we should only gamble the money that we can deeply say "it won't hurt is even if it's gone". I mean, that means we can accept any result that will happen, and I think that's a good start to becoming a responsible gambler. Knowing our limits. Having the right mentality that it's all just entertainment and maybe a bit of luck if we win.

I agree, in addition, when a person is eager to play when they are broke, they tend to borrow money from friends and relatives only to end up losing it all.  This kind of behavior can be considered a sign of gambling addiction.

So if there is an urge to gamble when we don't have enough money, we must control that urge and not complicate things and bring more problems to our financial situation.

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Davidvictorson
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May 08, 2025, 04:49:26 PM
 #24

While I think that it is good to always reiterate these advice, I like to think that, it is totally worthless at least for to the gambler. No gambler would stop gambling when they are broke if they have already made their minds to gamble. They will always find a way. The best lessons that would teach them not to gamble when they are broke, is huge loss that result in indebtedness and some life altering life crisis.

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May 08, 2025, 05:00:52 PM
 #25

When a gambler gets to this stage where he or she is gambling even in the middle of limited financial supply it's a sign of gambling addiction because when someone is broke the best thing to do is to see how to get a good job so you can earn money at the end of the day and not to gamble with the little money that is left in your hand which will be lost to gambling in the process so I think that it's gambling addiction that is the cause of this type of situations.


But it amazes me why someone will try to gamble and make more money when he is broke what is the probability of that person making money when he has not been able to win during the times of financial stability the problem with most gambler's is that they are too over confidence which is not a good situation if you ask me

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May 08, 2025, 05:02:12 PM
 #26

It is terrible for someone who finds themselves to be broke, yet the gamble. What are they looking for in gambling? Is it to be frustrated or get angry? Because I don't find a reason why someone who is broke will gamble when he or she doesn't have enough money to take care of their own self.

Gambling should be done when you have money to spare on luck, not when you lack money, thinking that gambling will give you much money within a short space of time. That's delusional reasoning that shouldn't be thought of.

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May 08, 2025, 05:02:44 PM
 #27

Luck is something that can happen at any time, whether one is broke or not. But it is a very big risk to take, especially if the gambler doesn't have any other money to fall back on. The aftereffect of taking such a risk could result in long-lasting regret and even depression.

People who gamble when they are broke are only doing so out of frustration and not because they really want to do it. Their hope is to make some more money; losing such a game is usually a disaster for them.

People need to understand that gambling is not a legit means of earning money. It can disappoint at any time. That is why people are told never to rely on gambling because it can make one poorer and more frustrated.

It takes a high level of discipline for a broke person not to consider gambling as another way out.

R


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May 08, 2025, 05:06:09 PM
 #28

Don't Gamble when you are Broke
Gambling when we experience bankruptcy is the same suicide, but there are also those who do it even though they have gone bankrupt, that's called a high level of addiction.

Indeed, gambling is difficult to guess, I have a bankrupt friend from his business, but when he pitted his fortune in gambling, with desperate he borrowed money from his brother and risked in gambling and he won Great, that's when he rose again from the bankruptcy he experienced, for that as I said, that is the world of gambling that we expect not necessarily successful but what is not expected by those who succeed.

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May 08, 2025, 05:07:03 PM
 #29

Gambling when a person is broke is one of the worst mistake to do. Majority of gamblers that got addicted to Gambling is as a result of Gambling to get rich. Most broke guys gamble for the money and sees it as a means of excaping poverty, but they end up losing the little they have and blame it on gambling site. It is not good to expect huge return from gambling when you are broke, because failure to win with the little amount you have, would result to anger  issues and you will blame yourself dealy for not have used that money for an important thing. I could remember sometime ago when I try to double my Hussle with the last money I have, I Lost it to a 2odd game and I was emotionally devastated and angry at my self. It is better to gamble with what you can afford to lose, wether rich or poor.

 
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May 08, 2025, 05:07:51 PM
 #30

Most times people gamble when they are broke thinking and believing that they will make money but ends up losing even the remaining small money that is in their hand , gambling when you are broke is one of the worst things that anyone can do because when anyone is broke there are alot of things that are going on in the mind of such a person and for gambler's the huge to gambling will come on propelling then to gamble that they will bounce back, this is what many gambler's has experienced so we should try as much as possible not to gamble while we are broke as it will lead to more worries and regrets
One the moment that you do consider out on taking up some gambling even if you are on your last drop of money or simply being broke does signifies that your desperation within you and we do all know that once you have this kind of desperation then its not something good. I do agree into some points above that this is considered to be nearly shows that you are addicted with gambling.

If you do have that last money then it will be that not recommended that you should be gambling with it because you've been thinking that you can be able to multiple folds of it on which actually its possible but we do know the odds when dealing up with gambling will be entirely be that going against you on which means that most likely you do end up on having that regrets at the end when you are already that experiencing up that huge problem when it comes to finances. Dont tolerate out such emotion or feeling because once you do have that kind of approach then it will be leading up into disaster.

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May 08, 2025, 05:11:36 PM
 #31

Being broke already implies that you don't have any money to even manage life's basic requirement not to talk of staking the little money you get from some menial jobs you do to take care of yourself on gambling, it is the worst stage of addiction because at a time when you are broke, it means you need a job to be able to make ends meet so gambling at that time will mean subjecting oneself to emotional trauma because you can use the money that you are supposed to buy food which is the most basic demand of humans to gamble. Even, a poor man is not supposed to gamble because there is no way he won't feel the impact of losses since he is looking for a medium to escape poverty but instead still meeting unfortunate circumstances such as losing bets. Don't gamble when broke, it is very dangerous and can lead to depression.

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May 08, 2025, 05:15:27 PM
 #32

Most times people gamble when they are broke thinking and believing that they will make money but ends up losing even the remaining small money that is in their hand , gambling when you are broke is one of the worst things that anyone can do because when anyone is broke there are alot of things that are going on in the mind of such a person and for gambler's the huge to gambling will come on propelling then to gamble that they will bounce back, this is what many gambler's has experienced so we should try as much as possible not to gamble while we are broke as it will lead to more worries and regrets
There is no need to bounce back if the gambler is broke and yet gained more losses instead of wins and recoveries. These gamblers need to grow up and mature themselves because if not, the reality will show them how life is and they will take it seriously if ever they have realized that it shouldn't be done. Being broke is hard, being a loser is also hard and when these two things add up to that kind of gambler. I don't know what to say to them, get a job and get busy with other things before they even gamble so that they won't go broke.

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May 08, 2025, 05:18:42 PM
 #33

No matter how many times you say that, broke gamblers are not gonna listen. It doesn't change their perspective as they are already focused on their own views and goals towards gambling. These people are the same people who are very prone in doing crimes, especially when everything falls apart. They are definitely thinking that they have nothing to lose anyway.
They literally need medical attention, because what these broke gamblers are doing is beyond from being normal, mentally. I've seen a lot of these people and the worse thing is that they are a family man. That means, they are not only putting their selves at risk financially, but they are also dragging their kids and wives to extreme poverty.

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May 08, 2025, 05:29:31 PM
 #34

Have been hit by problems but want to find new problems, hoping that by gambling can return the losses.
People yes still think like this just sees gambling as a shortcut to earn big money, but the fact is they will just put more money into gambling and then just disappear.

They are also too greedy and don't see how gambling works, how bets are made, but they only target jackpots that can make them rich instantly.

Thoughts like this will only make them worse and will never rise from bankruptcy.
There is nothing wrong with gambling, but what is wrong is the way they play and consider gambling as a last chance.

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May 08, 2025, 05:51:56 PM
 #35

Indeed, there are quite a few people who behave recklessly, where when their financial condition is very bad, they force themselves to place bets or deposit funds in order to gamble. They hope that at least by gambling or placing bets, their financial condition can improve a little, but in reality it is the wrong behavior and actually makes things worse. And worst of all, when you use all the money you have to gamble or bet, then you lose and lose the money while you cannot accept the defeat and your desire to gamble is getting stronger, this can make you think narrowly by taking loans to gamble, which eventually makes you in debt, and this is what is called the domino effect of gambling addiction.

And indeed there are some people who have managed to restore their financial condition through gambling or betting, through the big wins they get. However, it should be understood that this is only a small part of the many people who go bankrupt due to gambling.

When your financial condition is at its lowest point, and you only have a few dollars left, it's a good idea to think carefully before using that money to cover your living expenses for the next few days while you look for a job that can provide a steady income every week or every month.

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May 08, 2025, 06:09:45 PM
 #36

Most times people gamble when they are broke thinking and believing that they will make money but ends up losing even the remaining small money that is in their hand , gambling when you are broke is one of the worst things that anyone can do because when anyone is broke there are alot of things that are going on in the mind of such a person and for gambler's the huge to gambling will come on propelling then to gamble that they will bounce back, this is what many gambler's has experienced so we should try as much as possible not to gamble while we are broke as it will lead to more worries and regrets
This will lead to great disappointments and broken dreams, hopes that the gambler placed on his bet.

But it is precisely at such moments, when people are in dire need of money and there are no other ways to quickly improve their financial situation, that the temptation to "win" in gambling arises. Casino advertising campaigns begin to look especially plausible when there are problems with money. And an even worse solution can be gambling with borrowed money. Also, I believe that, in combination with inflated expectations for winning, gamblers at these moments don't quite adequately (not as rationally) place bets, which is also not good.

It remains only to agree with OP that with an acute shortage of money, it is better to refrain from gambling, because otherwise your shortage will only worsen.

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May 08, 2025, 06:13:28 PM
 #37

While I think that it is good to always reiterate these advice, I like to think that, it is totally worthless at least for to the gambler. No gambler would stop gambling when they are broke if they have already made their minds to gamble. They will always find a way. The best lessons that would teach them not to gamble when they are broke, is huge loss that result in indebtedness and some life altering life crisis.
I can't remember how many times I've had friends or acquaintances lose hundreds of euros within a day, going totally broke from one day to another, only to start gambling again the next day. I highly doubt that someone who's addicted has the mind in his head to stop; after all, if they're broke, they have nothing else to lose. So what's going to stop them? This reckless behavior is rendering them a financial ruin; they won't recover as long as they're gambling. They don't see their behavior as problematic; they can't be helped. Hopefully, they might reconsider once they hit rock bottom, but even then, many don't.

 
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May 08, 2025, 06:17:31 PM
 #38

Most times people gamble when they are broke thinking and believing that they will make money but ends up losing even the remaining small money that is in their hand , gambling when you are broke is one of the worst things that anyone can do because when anyone is broke there are alot of things that are going on in the mind of such a person and for gambler's the huge to gambling will come on propelling then to gamble that they will bounce back, this is what many gambler's has experienced so we should try as much as possible not to gamble while we are broke as it will lead to more worries and regrets
My question is that where will the broke gambler see the money that he will use for gamble if he's broke? However many gamblers go to their friends or maybe the bank to borrow money and gamble with it. What makes gambler go to borrow money for gamble is that they are kinda desperate for more money and they actually thinks that gamble is the only way they could possibly make easy money. Actually gamble is for entertainment and not a means of survival, even though a you win your bet it's because you where lucky and not your strategy.

 
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May 08, 2025, 06:18:13 PM
 #39

Gambling should be done with funds you are prepared to loose and when you are broke, all funds at your disposal are not even enough for you not to talk of you being prepared to loose them. Gambling when you are broke can leave you more frustrated when you loose such funds.

Being broke comes with all forms of desperation to make money and gambling might be the last resort of the person when other means have failed and this urge must be avoided at all cost because it has the possibility of making the person useless for a long time if he eventually looses his funds and at worst gets addicted and helpless in it.

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May 08, 2025, 06:42:34 PM
 #40

Most times people gamble when they are broke thinking and believing that they will make money but ends up losing even the remaining small money that is in their hand , gambling when you are broke is one of the worst things that anyone can do because when anyone is broke there are alot of things that are going on in the mind of such a person and for gambler's the huge to gambling will come on propelling then to gamble that they will bounce back, this is what many gambler's has experienced so we should try as much as possible not to gamble while we are broke as it will lead to more worries and regrets
However, there are still people who have such thoughts. When in an unstable financial condition or in dire need of money in a short time, to restore a ruined business, or just to restore finances that were lost. Gambling may be considered one of the fastest ways to achieve it, but it must be known that even if luck is on his side and he gets max win.
If the opposite happens, then what is received is the loss of the money that was bet and regret for using money that should have been for important needs, such as buying food, but was used for gambling.

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