Don't Gamble when you are Broke

[Frankolala]

Yes, it's the same as you making gambling a solution to overcome financial problems while from the start it is clear that there is no guarantee and certainty that gambling will always be able to give us profit at the end of the game, meaning that defeat will always be a possibility involved at the end of the game and another fact is that from the start gambling was created by bookies to seek profit from gamblers who lose, so how can we possibly seek victory to overcome financial problems while from the start the bookies make you gamblers as targets to be defeated so that they can get profit according to what they have planned from the start, and that is the reason why many of us suggest only making gambling a place to seek pleasure or entertainment.

All you said it correct, but unfortunately, most or many gamblers do not understand this and it's the reason why we still see people who tag themselves as professional gamblers, one begins to wonder how is it possible they are making money from gambling to take it up as a profession..

I understand that when it comes to sports betting, some people are so knowledgeable in it that they can't bet 5 games without winning one or two, many this are the type of gamblers who refer to their self as professionals, but then, one thing I've come to believe is that all gambler lose at the end, maybe not all actually but most, most gamblers lose, and this is how casinos are designed.

Some few gambler's or do I call the punters package themselves as professional gamblers deceiving themselves and everyone that agrees with that line of thoughts, just as those that call themselves as professional cryptocurrency traders, whereas there is nothing like that in gambling and crypto trading since both activities out comes and results are unpredictable and for that it stand's as game won based on luck, what then is the professional aspect in that since one can not predict its outcome in most cases.

Gambling is a luck based activity and I don't think that anyone can be a professional in it because even a seer can't predict the out of a match correctly in the long run. If they say that they're professional gamblers as they claimed, why haven't they made a fortune with gambling but still looking for people to pay for booking codes. My luck shines better than theirs

[Ricardo11]

...and that is the reason why many of us suggest only making gambling a place to seek pleasure or entertainment.

Though, have you always wondered why itis so coming to find casinos and betting houses in socially and economically impoverished zones of developing countries? If that you said was followed by people who know they need to save money and find reliable ways to improve their life, then we would not see some much gambling going on in countries like Nigeria, Venezuela, Colombia or even Bangladesh or Pakistan...
The sad reality is, many people do not seek gambling as entertainment it rather as an opportunity to escape their economical problems or even social problems, do they fully deposit their faith on their own luck and randomness, which is the wrong path to follow in the majority of occasions.
I have myself talked to people who were poor back some years ago and they were always trying to score a good amount of money through betting and gambling, so they could turn a meal into ten meals... quite disheartening.

Poverty can drive someone to act beyond their limits, by gambling, they hope that luck will come and change their fate in a short time. Such thinking cannot be blamed, as it is driven by underlying needs, and casinos see this social symptom as a very promising business opportunity. People from such backgrounds will not care about gambling advice, because what they want is to change their destiny.

For rich people, gambling is a means to seek pleasure, spend free time after work and so on. In other words, rich people can enjoy gambling without having to risk their last money. Sometimes circumstances are indeed difficult to change, it is natural to be disappointed when see poor people gambling, because it is the wrong choice regardless of the luck they might get.

Especially among the poor, there is a tendency to get rich by making money easily, and for this reason they consider gambling as an easy way of income, from which they want to easily change their luck and financial situation. But they face reality, and instead of their financial situation getting better through gambling, they face more disasters, and it is certain that whoever tries to change their financial situation through gambling, they will definitely face more losses, and this is why it is important to have the right mindset in gambling.

[knowngunman]

Gambling is a luck based activity and I don't think that anyone can be a professional in it because even a seer can't predict the out of a match correctly in the long run. If they say that they're professional gamblers as they claimed, why haven't they made a fortune with gambling but still looking for people to pay for booking codes. My luck shines better than theirs

Imo, I don't think professional gambling is all about winning every game, it's more about gambling in a professional way without allowing it to affect you. To be a professional gambler simply means practicing the habit of responsible gambling with regard to risk management, know when to stop and play with what you can afford to lose. People that request money from other gamblers portraying themselves as professional gamblers are just professional scammers.

 Being professional with gambling and winning gambling are two different things. You can be professional and still be losing your bet back to back and likewise, you can be a reckless gambler and still be winning your bet. Professional or not, gambling is a game of chance and no one is certain of the outcome. If you offer anyone money to give you accurate bet, just know that you've involved yourself in two gambling and increase the chance of losing your money.

[Makus]

Gambling is a luck based activity and I don't think that anyone can be a professional in it because even a seer can't predict the out of a match correctly in the long run. If they say that they're professional gamblers as they claimed, why haven't they made a fortune with gambling but still looking for people to pay for booking codes. My luck shines better than theirs

Imo, I don't think professional gambling is all about winning every game, it's more about gambling in a professional way without allowing it to affect you. To be a professional gambler simply means practicing the habit of responsible gambling with regard to risk management, know when to stop and play with what you can afford to lose. People that request money from other gamblers portraying themselves as professional gamblers are just professional scammers.

 Being professional with gambling and winning gambling are two different things. You can be professional and still be losing your bet back to back and likewise, you can be a reckless gambler and still be winning your bet. Professional or not, gambling is a game of chance and no one is certain of the outcome. If you offer anyone money to give you accurate bet, just know that you've involved yourself in two gambling and increase the chance of losing your money.

You're on point mate, professional gambling is all about risk management and how a gambler manages finances such that he don't end up in regrets, and it's less about winning. Most people tends to mistake the use of professional for expert gambler, well there is no such thing as expert gambler because no matter how skilled we are in any sport game or gambling games loss are inevitable, in one way or the other we must come across losses, and most times the losses are more than the wins,  but when we experience a win, it feels like we are on the wining side whereas it just the joy of winning at that moment that keeps us excited.

[finaleshot2016]

Gambling is a luck based activity and I don't think that anyone can be a professional in it because even a seer can't predict the out of a match correctly in the long run. If they say that they're professional gamblers as they claimed, why haven't they made a fortune with gambling but still looking for people to pay for booking codes. My luck shines better than theirs

Imo, I don't think professional gambling is all about winning every game, it's more about gambling in a professional way without allowing it to affect you. To be a professional gambler simply means practicing the habit of responsible gambling with regard to risk management, know when to stop and play with what you can afford to lose. People that request money from other gamblers portraying themselves as professional gamblers are just professional scammers.

 Being professional with gambling and winning gambling are two different things. You can be professional and still be losing your bet back to back and likewise, you can be a reckless gambler and still be winning your bet. Professional or not, gambling is a game of chance and no one is certain of the outcome. If you offer anyone money to give you accurate bet, just know that you've involved yourself in two gambling and increase the chance of losing your money.

Agree, also being professional is not chasing those losses, you have discipline and self-control on every situation. They're the ones who can determine if the confidence in a certain thing is legit or fake, and also they're the one who's not very aggressive or entitled to called themselves true gamblers. They also know that being in a gambling scene is very dangerous and too many risks, so if you're just a small fish hoping for a jackpot, you're vulnerable to any losses because you think you can dominate the whole space but in reality, the house you're staying can eat you first.

[Orpichukwu]

Do we really have to tell someone to gamble or not when he is broke, because his condition is enough in letting him know what is required of him to do, it is also wrong for us to have the impression of making money by gambling as we are broke, because gambling at that moment could increase and worsen the condition we had already, as we are more prone to losing the bet than winning, while knowing that we cant even afford to gamble not to talk of losing the bet, we should only gamble when we have the best capacity of doing so and never borrow to to do.

What we consider to be wrong is what most people consider to be the right way to go; ordinarily, anyone who doesn't have money and is in the broke stage should avoid gambling completely, but some people won't do that. Instead, they will want to use the little money they have to gamble with the hope of increasing that money but will end up losing that little which they have. It's right to advise even those who are broke, as some can't advise themselves on what's the right thing to do.

[BITCOIN4X]

~Snip

What we consider to be wrong is what most people consider to be the right way to go; ordinarily, anyone who doesn't have money and is in the broke stage should avoid gambling completely, but some people won't do that. Instead, they will want to use the little money they have to gamble with the hope of increasing that money but will end up losing that little which they have. It's right to advise even those who are broke, as some can't advise themselves on what's the right thing to do.

If you gamble just to try to multiply your money, then you must be prepared to lose it all. There are some gamblers who come and gamble with the wrong mindset and they only come out as big losers and really land themselves in financial trouble. We may have heard of gamblers who gamble with their savings, their monthly spending money and other people's money, but they come out as losers because of losses they never thought about.

Advising gamblers is basically better when they have lost it all, if they still have a budget, then I don't think the advice will be useful. A gambler's mindset can really be changed when they have nothing, but if they still have power, then any advice is very difficult to stop their interest and desire to gamble. I'm not saying they're all the same, but most gamblers seem to think the same way.

[baeva]

...and that is the reason why many of us suggest only making gambling a place to seek pleasure or entertainment.

Though, have you always wondered why itis so coming to find casinos and betting houses in socially and economically impoverished zones of developing countries? If that you said was followed by people who know they need to save money and find reliable ways to improve their life, then we would not see some much gambling going on in countries like Nigeria, Venezuela, Colombia or even Bangladesh or Pakistan...
The sad reality is, many people do not seek gambling as entertainment it rather as an opportunity to escape their economical problems or even social problems, do they fully deposit their faith on their own luck and randomness, which is the wrong path to follow in the majority of occasions.
I have myself talked to people who were poor back some years ago and they were always trying to score a good amount of money through betting and gambling, so they could turn a meal into ten meals... quite disheartening.

Poverty can drive someone to act beyond their limits, by gambling, they hope that luck will come and change their fate in a short time. Such thinking cannot be blamed, as it is driven by underlying needs, and casinos see this social symptom as a very promising business opportunity. People from such backgrounds will not care about gambling advice, because what they want is to change their destiny.

For rich people, gambling is a means to seek pleasure, spend free time after work and so on. In other words, rich people can enjoy gambling without having to risk their last money. Sometimes circumstances are indeed difficult to change, it is natural to be disappointed when see poor people gambling, because it is the wrong choice regardless of the luck they might get.

Especially among the poor, there is a tendency to get rich by making money easily, and for this reason they consider gambling as an easy way of income, from which they want to easily change their luck and financial situation. But they face reality, and instead of their financial situation getting better through gambling, they face more disasters, and it is certain that whoever tries to change their financial situation through gambling, they will definitely face more losses, and this is why it is important to have the right mindset in gambling.

Gambling is advertised precisely from the point of view that you can easily make money from it. Even if it is easy to make money, it is not easy, but rather a combination of luck and the serious stress of each major loss. Nowadays there are few casino adverts that will be presented as recreation and entertainment, but it is worth noting that there are still some. Therefore, one should not be surprised that people have become addicted to gambling in the current climate

[SUPERSAIAN]

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 a person loses all their money and still gamble, this is addiction and can go on forever, but they have already lost their money, they can borrow money to some extent and eventually they will not gamble anymore. It is a difficult situation, no one can learn some self-discipline before reaching this addiction point and they will not have to pay such a heavy price for this difficult lesson.

Otherwise, it will be a very difficult lesson both materially and spiritually.

[kawetsriyanto]

If you gamble just to try to multiply your money, then you must be prepared to lose it all. There are some gamblers who come and gamble with the wrong mindset and they only come out as big losers and really land themselves in financial trouble. We may have heard of gamblers who gamble with their savings, their monthly spending money and other people's money, but they come out as losers because of losses they never thought about.

There is no problem if there are people who want to multiply their money through gambling. However, they must be ready to lose money. We know that the chance to win in gambling isn't quite high, we rely on the luck for the most gambling games. That's why many people only use the money that they afford to lose. It is because they don't want to have a problem whenever they fail to win in gambling.

It is a very wrong way to gamble with savings or the money for main necessities. We should ensure that we only gamble with a small percentage of our income. It must also be an amount of money that we don't mind to lose it. We can assume that we use the money for entertainment purpose in gambling, we don't expect too much for the win. We just try luck while having fun in gambling games!!

Advising gamblers is basically better when they have lost it all, if they still have a budget, then I don't think the advice will be useful. A gambler's mindset can really be changed when they have nothing, but if they still have power, then any advice is very difficult to stop their interest and desire to gamble. I'm not saying they're all the same, but most gamblers seem to think the same way.

It depends on the characteristics or nature of the gamblers themselves. If they are a typical of open-minded or matured person, they may consider our advice. But they probably will ignore it if they are unmatured person, egoistic, and emotional. Even they lose all the money, they will try again to recover it by gambling excessively. This commonly happens for those gamblers who have bad mentality. That's why gambling is actually only for the people who are matured enough and have stable in emotion.

[Sonia_123]

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 a very wrong idea to gamble when broke, it is best to stay out of gambling for that moment until you have money to bet. For those persons that bet when they are broke it shows that they have been addicted to gamble and that is why he passes through all odds to make sure he gambles even on a no fund system, and they are always seen borrowing in other to stop the urge of gambling in them and that is why you find that they end up their lives because they feel that their lives depends on the wins from gambling.

[fruktik]

Especially among the poor, there is a tendency to get rich by making money easily, and for this reason they consider gambling as an easy way of income, from which they want to easily change their luck and financial situation. But they face reality, and instead of their financial situation getting better through gambling, they face more disasters, and it is certain that whoever tries to change their financial situation through gambling, they will definitely face more losses, and this is why it is important to have the right mindset in gambling.

Many years ago, I was one of those people. I thought that I could earn a living in a casino this way. You are right. If you don't have money, then by gambling you can become even poorer or even become a hostage to a sad financial situation. For example, get into a lot of debt. That's what I did. It's hard to even imagine what happened after I lost all that money. It was a real nightmare in my life. And I was fired from work. It was a real black streak that lasted for several years. It was the worst time for me.

[Cryptmuster]

If a person loses all their money and still gamble, this is addiction and can go on forever, but they have already lost their money, they can borrow money to some extent and eventually they will not gamble anymore. It is a difficult situation, no one can learn some self-discipline before reaching this addiction point and they will not have to pay such a heavy price for this difficult lesson.

Otherwise, it will be a very difficult lesson both materially and spiritually.

When a person starts living on borrowed money, it is already a big problem, because it means that he is not able to manage his budget wisely and he does not have enough of the money that he earns, and if you combine this with losses in the casino, you get a combustible mixture that will soon burn him. You cannot play irresponsibly even with your own money, and if a player starts playing with borrowed money, it is always a dead end with one outcome, for some reason some people find it difficult to understand. If you can't win, then other people's money will not change anything, you will lose it too.

[banana33]

If a person loses all their money and still gamble, this is addiction and can go on forever, but they have already lost their money, they can borrow money to some extent and eventually they will not gamble anymore. It is a difficult situation, no one can learn some self-discipline before reaching this addiction point and they will not have to pay such a heavy price for this difficult lesson.

Otherwise, it will be a very difficult lesson both materially and spiritually.

When a person starts living on borrowed money, it is already a big problem, because it means that he is not able to manage his budget wisely and he does not have enough of the money that he earns, and if you combine this with losses in the casino, you get a combustible mixture that will soon burn him. You cannot play irresponsibly even with your own money, and if a player starts playing with borrowed money, it is always a dead end with one outcome, for some reason some people find it difficult to understand. If you can't win, then other people's money will not change anything, you will lose it too.

I totally agree with what you say, I would also add that those who play a lot are often bored and by doing so they end up losing everything, never play the borrowed money that you need to live, but many do not understand this and play everything, managing your budget is fundamental and it is equally important not to play when you are bored or depressed

[Pi$$]

...and that is the reason why many of us suggest only making gambling a place to seek pleasure or entertainment.

Though, have you always wondered why itis so coming to find casinos and betting houses in socially and economically impoverished zones of developing countries? If that you said was followed by people who know they need to save money and find reliable ways to improve their life, then we would not see some much gambling going on in countries like Nigeria, Venezuela, Colombia or even Bangladesh or Pakistan...
The sad reality is, many people do not seek gambling as entertainment it rather as an opportunity to escape their economical problems or even social problems, do they fully deposit their faith on their own luck and randomness, which is the wrong path to follow in the majority of occasions.
I have myself talked to people who were poor back some years ago and they were always trying to score a good amount of money through betting and gambling, so they could turn a meal into ten meals... quite disheartening.

Poverty can drive someone to act beyond their limits, by gambling, they hope that luck will come and change their fate in a short time. Such thinking cannot be blamed, as it is driven by underlying needs, and casinos see this social symptom as a very promising business opportunity. People from such backgrounds will not care about gambling advice, because what they want is to change their destiny.

For rich people, gambling is a means to seek pleasure, spend free time after work and so on. In other words, rich people can enjoy gambling without having to risk their last money. Sometimes circumstances are indeed difficult to change, it is natural to be disappointed when see poor people gambling, because it is the wrong choice regardless of the luck they might get.

Especially among the poor, there is a tendency to get rich by making money easily, and for this reason they consider gambling as an easy way of income, from which they want to easily change their luck and financial situation. But they face reality, and instead of their financial situation getting better through gambling, they face more disasters, and it is certain that whoever tries to change their financial situation through gambling, they will definitely face more losses, and this is why it is important to have the right mindset in gambling.

Once you're at the stage where you assume that gambling is now the rout out of poverty, just know that you're on a part to becoming wrecked in the long run. There's a lot that mindset helps us solve even if you're an entry level gambler or someone that has been in the system for a long time. If your mindset is all about hitting jackpot all big or using it as an escape route out of poverty, you're certainly going to get disappointed and might even get worse than you were before you started gambling.

There are people that place bet and before the end of the bet, they've already made plans on what to use the money for and how they will change Thier lives from the money they must have gathered from the bet. Just mere looking at such people that have that kind of mentality, you just know that this one is headed to ruin or might likely get frustrated in the long run. Check out most of the ones that have hit jackpot, one thing that is common among them is that the majority of them never saw it coming. They gave it the shot and it just happened, that's how luck works. It's not like once in a blue moon you can't think that you can win a bet and still win it, that happens sometimes but once you're over ambitions about winning a bet, most times, it always ends in utter disappointment.

[Tungbulu]

Especially among the poor, there is a tendency to get rich by making money easily, and for this reason they consider gambling as an easy way of income, from which they want to easily change their luck and financial situation. But they face reality, and instead of their financial situation getting better through gambling, they face more disasters, and it is certain that whoever tries to change their financial situation through gambling, they will definitely face more losses, and this is why it is important to have the right mindset in gambling.

This is almost like saying that gambling should only be for the rich and not the poor, which I don't quite agree with. Even the rich can also be quite desperate to increase their wealth via gambling which could also have even more disastrous impact on them. The main is mastering emotional and financial management/control when gambling, because that's the only way to avoid being victimized by the delusion of actually hitting a that jackpot and multiplying their deposit.

[Rockstarguy]

Many years ago, I was one of those people. I thought that I could earn a living in a casino this way. You are right. If you don't have money, then by gambling you can become even poorer or even become a hostage to a sad financial situation. For example, get into a lot of debt. That's what I did. It's hard to even imagine what happened after I lost all that money. It was a real nightmare in my life. And I was fired from work. It was a real black streak that lasted for several years. It was the worst time for me.

Gambling is not a game one should rely on to make money, as this breeds unrealistic expectations. People who tend to make money from gambling often spend a lot, because you can't always get what you want from it.

It is certain that when someone is very desperate to make money from gambling and is unable to do so, they often end up feeling emotional, which can be a significant source of stress. It is better to understand gambling and play the way it should be done: don’t expect too much but play for fun, not to earn money by any means.

[TheUltraElite]

it doesn't have to be a loan or stolen money, could be just part of their paycheck
there are many people who are broke living paycheck to paycheck and you'd be surprised that these are not only the real poor but people living fancy lifestyles too at the end of the day being rich is more about how much you save than about how much you spend

That is sad to know because these people dont have an ambition if they are not using the paycheck to do something useful and just gambling from it.

It is a very wrong idea to gamble when broke, it is best to stay out of gambling for that moment until you have money to bet.

Well the lost money needs to be made up for too. There would be bills to pay, groceries to buy and without money the last month the costs will keep going up the next month. You will end up paying all your bills and be zero money at the start of the month again. Unless that person stops gambling and any other spending that is not necessary to live.

This is almost like saying that gambling should only be for the rich and not the poor, which I don't quite agree with.

Gambling does not separate the rich from the poor. It is just that the rich person might have a bigger bankroll than a poor person. However being broke applies to both groups and that is the wrong time to gamble.

[madnessteat]

If they are broke, where are they getting the money to gamble with?

It is either a loan or stolen money. Which is a bad thing in the first place. Even then assuming it is their last few pennies the best bailout option is to get a loan to cover their monthly expenses and work to earn and clear the debt, not gambling.

The problem is that it seems in the mind of the lost gambler that the method to make money is right in front of them, the next bet is the winning bet and so on.

it doesn't have to be a loan or stolen money, could be just part of their paycheck
there are many people who are broke living paycheck to paycheck and you'd be surprised that these are not only the real poor but people living fancy lifestyles too
at the end of the day being rich is more about how much you save than about how much you spend

I think it's mostly poor people who save money. Rich people choose extra income opportunities instead of saving money. Of course there are rich people who save money on something, but this is more of an exception to the rule than a pattern.

A gambling addict will always find money to gamble just as an alcoholic will find money to drink. Ways of finding money are of little interest to them and everything depends on upbringing, environment and abilities of a person.

[Tungbulu]

Gambling does not separate the rich from the poor. It is just that the rich person might have a bigger bankroll than a poor person. However being broke applies to both groups and that is the wrong time to gamble.

You're right. And this often makes some people feel or think that the rich is more advantageous than the poor, simply because they've got a bigger bankroll than the poor. But in reality, this is actually quite the opposite, inasmuch as they both have different financial situations, this still implies that the poor has less to lose than the rich and if if things goes wrong and their bankroll is swept clean, I'm pretty sure the rich would feel much more regret than the poor, because they've lost more.