Staking more than you receive or earn

[WhoYouCantKill]

I got really worried over the habit of some friends who are into betting or gambling and how they often stake into a game in a week more than what they earn even in a month and most time are not able to get it back in a couple of plays. So it got me really worried and concerned

What would be your advice for such if they were to be your friends as a caring friend who want them to not get financially drained in the process?

[AmoreJaz]

Just plain and simple - if they are your close friends, you can always tell them the repercussions of what they are doing to their hard-earned money. If they won't listen to you, then, whatever the aftermath of their actions, they should accept it. If they start borrowing money from you, you should be firm of not lending them the money. Because if they will see that they can borrow money from others, they will surely continue their vice. You need to set your boundaries as well being their friend. Not all the time you can lend them money, but you can always lend your ears and assist them in deciding what's best for their money.

[BitMaxz]

That's a full-blown addiction. It's hard to give advice to someone like this because I'm sure they won't listen if they are still influenced by stress and frustration due to big losses.
Don't dare to try to have a conversation with him about his habit while drunk; he might be angry.

You need to choose the right time and place.
I think you could try asking him first to go for a vacation until he calms down. Before starting to have a conversation about his habit and telling him that you are a bit worried. Then make him realize the mistakes he made, and maybe it can help to reduce his addiction if he realizes that gambling is for entertainment purposes.

[Despairo]

That's a definition of crazy people.

Betting 50% from monthly salary is already wrong, but your friend betting 100% from monthly salary + other source he earn? that's a sign of gambling addiction.

My advise is you have to explain and encourage him to stop, if he's still not able to quit, contact a non profit organization about gambling addiction, maybe they can help your friend to stop gambling. The last advice, but controversial, report to his parent, but you have to accept if your relationship with him might broken.

[Dunamisx]

I got really worried over the habit of some friends who are into betting or gambling and how they often stake into a game in a week more than what they earn even in a month and most time are not able to get it back in a couple of plays. So it got me really worried and concerned

What would be your advice for such if they were to be your friends as a caring friend who want them to not get financially drained in the process?

Don't get it wrong because they can't stake more than they have or earned, maybe aside their normal work, thru still do some other things that fetch them money, or received free donations, incentives or gifts from others that makes them afford spending more than their monthly income may be, it is said that such person or people do lack the ability to manage their resources well, because everything they are having shouldn't go into gambling always.

[Zlantann]

I got really worried over the habit of some friends who are into betting or gambling and how they often stake into a game in a week more than what they earn even in a month and most time are not able to get it back in a couple of plays. So it got me really worried and concerned

What would be your advice for such if they were to be your friends as a caring friend who want them to not get financially drained in the process?

How do they survive? Do they depend on parents or relatives for survival? Don't they have plans for the future? If they continue this way, it will lead to serious financial problems. They might not be able to afford their basic needs, and they might end up in debt. You should tell them to have a gambling budget that will guide their gambling activities. The amount they should allocate to gambling should not be an insignificant part of their income. They should try not to exceed the amount they allocate.

You can also seek more advice from a professional on how to counsel your friends.     

[Ryu_Ar1]

What would be your advice for such if they were to be your friends as a caring friend who want them to not get financially drained in the process?

The reality is that it is quite difficult to remind someone, even if they are your closest friend, because when someone has done something like this repeatedly, it is difficult to remind them, and even the advice we give will only fall on deaf ears, which often happens in the end.

For those who gamble, they always see this as a situation where they focus solely on what they believe, regardless of whether it is a mistake. Trying to remind them through their closest friends will have no impact whatsoever; they will only realize it on their own.
Hopefully, your friend will begin to realize their mistake, and you can keep reminding them if you want to help them see the error of their ways. However, this situation clearly isn't the best option because, in the end, they will realize on their own that they have crossed the line and that the best thing for them to do is to acknowledge the mistake they have made.

[Justbillywitt]

How are they getting the money if they are actually gambling more than they are earning? Maybe they are actually earning way more than you know. Anyway if they were to be my friends I will advise them to take things slowly with their spending on their gambling habits because I don't want them to face financial difficulties tomorrow. Because if they don't and eventually fall into financial challenges I won't ever be there to bail them out. I know they are adults and there is no guarantee that they will listen to what I say to them. But I will make them understand that if they continue that way that they will definitely go broke.

[348Judah]

What would be your advice for such if they were to be your friends as a caring friend who want them to not get financially drained in the process?

There's no amount of advice you can give someone who always thinks what he's doing is the right thing, for a gambler to be behaving in this manner shows that he's addicted and may be the type that does not listen to advice to an extent, also, some might have been advised but refused to take heed from their kind of habit in gambling, one may also try his best, advise nicely and let it be done in a friendly manner than scolding on them.

[Bright0515]

I got really worried over the habit of some friends who are into betting or gambling and how they often stake into a game in a week more than what they earn even in a month and most time are not able to get it back in a couple of plays. So it got me really worried and concerned

What would be your advice for such if they were to be your friends as a caring friend who want them to not get financially drained in the process?

Before somebody will gamble they should be know that to win is not easy because the game is not always on the gambler favours. If the gambler did not have a family and other responsibilities they can gamble with an amount they want to because they do not have any responsibility. If I know somebody that is gambling too much with huge amount, it and they are not taking loans to gamble, maybe they are earning huge money. If I want to help my friend through his addiction in gamble, I will always tell him to gamble with small money.

[Pandu Geddon]

I got really worried over the habit of some friends who are into betting or gambling and how they often stake into a game in a week more than what they earn even in a month and most time are not able to get it back in a couple of plays. So it got me really worried and concerned

What would be your advice for such if they were to be your friends as a caring friend who want them to not get financially drained in the process?

How can gamblers stake more than they can earn? Does that mean they are taking out loans to continue gambling? It's a gambling activity that is already very bad. It is certain that they have become addicted.
I think dealing with such a case of gambling addiction would require companions for the healing process. Otherwise, we would just wait for gamblers to hit rock bottom and realize on their own everything they have wasted on gambling.

[Mate2237]

It's common knowledge that when it comes to gambling you should stake what you can avoid and avoid staking more than it can affect your financial stability because when an individual Stake more than he or she can avoid it means that such a person is addicted which is not a good thing.


Again when an individual is spending more money than he receives in a month especially in gambling it only means one thing that such a person is definitely going to borrow money which can land such a person into financial problems, and worst case scenario the possibilty of such a person going into fraud could not even be ruled out.

[Mighty97]

I was to be there friend, I would peacefully tell them that gambling doesn't have to be more than one comfortably afford to lose. I will advise them to lay boundaries, take it just like entertainment, and never a means of earning.
Then I will suggest the search for hobbies that can be healthy or saving aims which will provide lasting worth. Does it take look like they are losing control then they should take a break, seek support and secure their finance at most.

[Charles-Tim]

What would be your advice for such if they were to be your friends as a caring friend who want them to not get financially drained in the process?

All you have to do is to tell them your mind. If you see a friend wasting money on gambling, that is a bad sign that he can even be an addict to gambling. But the problem there is that such people will not listen but probably one day he might listen after seeing that gambling is not a way of making money. Most people that waste money on gambling is because they thought they can make money from it but which is most probably not true.

[Fortify]

I got really worried over the habit of some friends who are into betting or gambling and how they often stake into a game in a week more than what they earn even in a month and most time are not able to get it back in a couple of plays. So it got me really worried and concerned

What would be your advice for such if they were to be your friends as a caring friend who want them to not get financially drained in the process?

The older you get in life and the more experiences you have with this kind of situation, the more you realize that you cannot help people who do not want to help themselves. They have to acknowledge that they have a problem within, an addiction to destructive gambling habits, before they will be able to free themselves from it. If that doesn't happen, any help you try to give them will fall on deaf ears or simply prolong the behavior if you feed them money. In rare cases you have to cut people off entirely before they drag you into their uncontrolled situation, otherwise two people may end up suffering. Of course it's one thing to see a friend go this route, it's even harder to handle the situation when it's direct family and you should probably hold on longer trying to support them - it's definitely possible to recover, but it takes time.

[DiMarxist]

It's actually nice you are worried about your friends, but you need to let them know they are staking more they can afford to lose, most at time's people don't know they are loosing and are less concerned till they have nothing left before they realize, what they have done to themselves.
If I were to be in this kind of situation I would actually suggest they take a break or bet just small percent of their income that's if that friendship is strong enough where we can take advice form each other. I will also try to set the kind of mentality I have to they whereby we see gambling as a game for fun and entertainment and not a daily income job.

[goldkingcoiner]

I got really worried over the habit of some friends who are into betting or gambling and how they often stake into a game in a week more than what they earn even in a month and most time are not able to get it back in a couple of plays. So it got me really worried and concerned

What would be your advice for such if they were to be your friends as a caring friend who want them to not get financially drained in the process?

I would probably advise those people to view gambling as a form of entertainment and explain to them the mathematical probabilities that make it statistically impossible to produce a steady income or get rich. Perhaps that way they would finally stop deluding themselves into spending large amounts of money? As for entertainment, you can still spend tiny amounts and have the same fun and dopamine/adrenaline rush.

[Odusko]

If their are staking more than they are earning how do they survive through the next week, so what u am saying is that, there is no way that they spend all that, you can say their are gambling with huge amount of money, simply because most people earn monthly and not weekly in most part of the world, so all together their still have something left to cover up for the remaining days, gambling should be done with minimal financial allocation and always put your percentage not to be up to 20% of your earnings, that is if you are a heavy gambler staking good amount on bets.

[Dunamisx]

I won't be surprised if we can see some gamblers misbehaving to an extent of taking loan to gamble, taking gambling as a source of income and express diverse irrelevant behaviors at the course of gambling, so if we then see another gambler, who is addicted or spends his entire income on gambling, then it shouldn't surprise us because such people truly exist and they can go to any length just for gambling sake.

[Odohu]

I got really worried over the habit of some friends who are into betting or gambling and how they often stake into a game in a week more than what they earn even in a month and most time are not able to get it back in a couple of plays. So it got me really worried and concerned

What would be your advice for such if they were to be your friends as a caring friend who want them to not get financially drained in the process?

They are obviously doing it wrong and will run into problem before long. If they are staking more than they earn, it simply means they are borrowing money to gamble which is very bad and may even make them to lose more. Advising such people is not hard but will they listen? They are definitely showing signs of gambling addiction, so you can try and help them by telling them the truth and how they should do it and hope they take your advice.