Don't Gamble when you are Broke

[TEBTC]

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

[danherbias07]

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

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.

With that, we won't be consumed by gambling, and it will be more joyful to play than when we are risking our last money, thinking it could double or triple in a short span of time. That's very rare to happen.

[Eternad]

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

I doubt this is the majority for broke people as life choices but it’s happening in reality because gambling gives the opportunity for a quick profit in exchange of higher risk of losing.

It’s sad if a broke person chose a gambling path instead of finding a job because that’s show how lazy he is for not securing a job.

I think this example makes the 3rd level KYC is useful since broke person can’t provide financial statements to back their deposit in able to gamble.

[Mr. Magkaisa]

People should gamble with their extra money and not when they are broke, that is right but not for all the people.
There are some who still try thei luck with their last money hoping to get in the situation where they can earn big time with gambling.
That is not addiction but a hope they are holding to get out of the problem.

there is no 100% , they can be lucky sometimes and be unlucky most of the time.

[zuzie]

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

Why force yourself when your financial condition starts to weaken, the person should look for a good solution so that their business can grow again but there are also people who have experienced bankruptcy they still dare to gamble with the reason "Just for fun or to entertain themselves". Well here we can conclude that there are still many people who vent their sadness by gambling because maybe they feel a little entertained, and there can also be said that the person has experienced a severe addiction so that they stop gambling in a slump they still do it and regret will soon arise when the person really has nothing left to bet there.

[rachael9385]

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

I learnt this at quite a very early phase of my gambling journey, I figured out that the more I was leaning to gambling whenever I'm broke I got more desperate to win, and the funny thing is that I have won more when I had money compared to the times that I was broke. Gambling when you are broke can be very frustrating and It can affect your mental health if you are not careful.  If you have limited funds do something important with it even though it's not going to be enough, don't try to double it out of desperation to survive

[BitMaxz]

I believe this falls under the revenge category: if you are broke and gamble, you bet a large amount of money with the expectation of winning big, but you end up losing the entire amount.
Your decision-making is influenced by your emotions. If you are broke, you should avoid gambling because the results could be worse. That is why we always recommend to control our emotion if you broke better avoid casino unless you are lucky but mostly the result is negative when you are broke.

[summonerrk]

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

The opinion that you should gamble and bet on sports only if you are absolutely calm and in a calm state of mind.The thing is, no matter how strange it may sound, gambling is inside us, not on the screen of our mobile phone or monitor.
The whole struggle takes place inside the person who places the bet and presses the buttons that control the gambling. I experience this every evening when I enter the slots, I enter absolutely calmly, but it takes literally a few seconds, which depend on whether I am lucky or not, for me to feel that my sensitive balance inside is beginning to be disturbed.

[Charles-Tim]

Someone that is broke and gambling is very bad. That is an indication that the person is an addict. Likely what makes the person broke is gambling. I have seen people like this before. They will become addict and become so broke all because all the money they have are being spent on gambling.

If you have money, gamble responsibly. If you are broke, do not gamble at all.

[Dr.Bitcoin_Strange]

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

When someone is broke and goes to gamble, that's when they even get so greedy in their decision because at that point, all their expectations is to win big so that they can use the money to solve their needs, but when they don't win as expected, greed will arose and they can take terrible decisions.That is the reason why I don't even advice anyone to gamble when they are broke unless the person already wants to lose the small funds they have with them. Although, some people can be lucky but only few, in my opinion, it's not a good risk to take.

[coin-investor]

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

Gamblers who do this thing are desperate; they do not think of the consequences, and they want something that will bail them out.
These people who gamble when they are broke might have read the story of Fred Smith, who gambled the last $5000 of his company.
But this was an exception. Fred is a skilled poker player, and luck happened to be on his side that time.

Faced with the imminent collapse of his company, Smith made a decision that would go down as one of the boldest moves in business history. He took that last $5,000 out of the bank and flew to Las Vegas, where he headed straight for the blackjack tables. This was no ordinary trip for a weekend of gambling. It was literally a last attempt to save FedEx.
When Smith finally walked away from the table, he had turned his $5,000 into $27,000, just enough to cover the open fuel bill and keep FedEx afloat for another week.

The High Stakes Gamble That Saved FedEx

[DaNNy001]

Gambling when you are broke would only make you lose more because you tend to put in more emotions into it when you need money badly, and when you gamble with such mindset you are going to lose..Some people gamble because they need money urgently for something.. it's a game of winning and losing, Profit isn't guaranteed, it's not some kind of investment that can just double your money whenever you want.. people who do this need to change their mindset about gambling.

[Rruchi man]

~

If you are gambling when you are broke, it means you will be gambling under pressure, and gambling under pressure has most times never resulted in a very good outcome, especially when the pressure is to make money. If you are broke, you should be looking for ways to make money, and gambling should not be one of them. If you decide to keep gambling while you're broke, you would end up in a lot of debt because you would be borrowing money to finance your gambling habits, and being indebted a lot leads to depression.

[Makus]

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

Gamble is a game of probabilities however wining is not guaranteed, besides if you must gamble you should already have a source of income rather than depending on gamble as a source of income. Anyone who rely on gamble as a source of income is likely to face several disappointment, If anyone is broke he should focus more on trying to increase his finances rather than gambling with the little he has left. I personally believes anyone who gambles even while he's broke is already an addicted gambler and what such person need Is a good financial advice and a therapy session to renew his mind because the gamble while on bankruptcy is an actual sign of addiction and irresponsible gambling .

[Pandu Geddon]

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

It is indeed not recommended to gamble when your finances are broke. What happens is definitely pressure to pursue victory with the remaining money you have. However, this step is often taken by some people who have gambled and learned how to get money from gambling, but their current situation is bad.
The hope is of course, to change the financial condition by winning the bet. But we all know, gambling in such a stressful situation only adds to our financial burden.
Although we have heard several stories of people who changed their lives after winning a bet, it is impossible to happen according to our expectations. We can never predict our luck.

[bubilas]

Gambling when you are broke would only make you lose more because you tend to put in more emotions into it when you need money badly, and when you gamble with such mindset you are going to lose..Some people gamble because they need money urgently for something.. it's a game of winning and losing, Profit isn't guaranteed, it's not some kind of investment that can just double your money whenever you want.. people who do this need to change their mindset about gambling.

I know many people who have experienced the so-called devaluation of money and this happened because they do not have a permanent place of work where they could painstakingly and honestly earn constant money, which they could count on, you see in gambling we cannot count on a stable profit.
For those who have problems with gambling addiction, money becomes like candy wrappers. They see how quickly the number on the screen changes, sometimes plus 50% to the deposit, sometimes minus 50% to the deposit, because in real life, probably only a trader on the crypto market sees this.

[Don Pedro Dinero]

The advice seems self-evident, but the problem is that many people act in the opposite way. For me, in most cases it is people who are looking for a quick way out of a bad situation, in most cases financial, and that usually ends up worse than how it started, so it is not a bad thing to remember.

If you are gambling when you are broke, it means you will be gambling under pressure, and gambling under pressure has most times never resulted in a very good outcome, especially when the pressure is to make money. If you are broke, you should be looking for ways to make money, and gambling should not be one of them. If you decide to keep gambling while you're broke, you would end up in a lot of debt because you would be borrowing money to finance your gambling habits, and being indebted a lot leads to depression.

That's another good reason, desperation will make you play worse, and even if you play skill games you will usually end up broke. Even more broke than you were, sometimes even having borrowed money and lost it.

[Ricardo11]

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

It is indeed not recommended to gamble when your finances are broke. What happens is definitely pressure to pursue victory with the remaining money you have. However, this step is often taken by some people who have gambled and learned how to get money from gambling, but their current situation is bad.
The hope is of course, to change the financial condition by winning the bet. But we all know, gambling in such a stressful situation only adds to our financial burden.
Although we have heard several stories of people who changed their lives after winning a bet, it is impossible to happen according to our expectations. We can never predict our luck.

One of the most common mistakes gamblers make is that they choose a risky place like gambling to improve their financial situation. They want to get rich overnight through gambling, they think that making money through gambling is very easy.
Gambling is a place that will bring some temporary wins to a gambler, but in the long run, that gambler will definitely face huge losses. If you gamble with excess money in gambling, it will cause damage to your financial situation, because you will lose all that money.
Therefore, gambling must be kept with the right perspective, gambling is not a solution to anything, but if you do not have the right mindset, gambling will create more problems, so a gambler should always have realistic thoughts.

[crwth]

I think it comes with self-discipline; if you gamble and are broke, that's just stupidity, in my opinion, and you have a problem because you cannot control yourself knowing that you are broke but still gambling.

If you are broke, there are better things to do than gambling, and if you cannot understand that, then you know why you are broke.

[cabron]

Broke people gamble because they think they could make money out of gambling same as all other gamblers who wants to make money. If they got success, its good but most they fail. The ones that gamble even with so much money even lost them all.

The pressure in making money seem to be pushing people to gamble, I have seen this happen in the neighborhood where people are just not looking for a job instead but gamble.