The weird situation of people in debt that still gamble

[YellowSwap]

Someone out there must have settled their debts using gambling, it's not impossible but it's stupid to think this way because the chances that things will work out well is low.

You can gamble with the hope to settle your debts but end up losing more money, this is likely the outcome and that's why I will never recommend such strategy to pay your debts.

What he needs is a job, gambling won't safe him from that debt, he can even end up chasing endless aim that will create more problem for him, debts are best settled with salary.

[Yorubek]

Someone out there must have settled their debts using gambling, it's not impossible but it's stupid to think this way because the chances that things will work out well is low.

You can gamble with the hope to settle your debts but end up losing more money, this is likely the outcome and that's why I will never recommend such strategy to pay your debts.

What he needs is a job, gambling won't safe him from that debt, he can even end up chasing endless aim that will create more problem for him, debts are best settled with salary.

There is no confirm that you will make money through gambling, gambling results are not always as expected, at the end of the day the results can be reversed. So I think it is always good to gamble with the money you can afford to lose only for entertainment purposes. When you gamble with debt money it will put extra stress on you, you will not be able to make the right decisions with a cool head and as a result you will face financial losses. So wise people always say gamble with what you can afford to lose and enjoy the entertainment through it, it is not right to expect too much.

[junder]

I think we often see cases like this in our own communities we may even have experienced them ourselves. In my view, this is a common occurrence in the world of gambling.

Situations like this are difficult for the gamblers, because in my view once they’re addicted and deep in debt, they’re likely counting on gambling to pay off all their debts. So even if they have a steady income, that doesn’t guarantee they can easily break free from their addiction and escape that difficult situation.

[Dr.Bitcoin_Strange]

He is gambling obsessed, I believe that is why he is more concerned about gambling instead of making arrangements on how to clear the debt, that's just how some people are, they prefer to gamble instead of doing other things that is more important with the money they have, I have seen people who prefer to spend on gambling instead of paying fees for their kids and also providing personal and family daily needs. I don't even feel so comfortable if am in debt, so I can't exhibit this kind of Habit.

When you encounter persons such as what OP described, they tend to be very close-minded. Meaning, they will always justify and rationalize their situation even if they are in a very tight financial situation. They will always have reasons in order to make it seem that what they are doing is out of their control.

In my opinion, I think the main reason for such behavior is because they have so much confidence in the outcome of gambling, they assume that they will actually make a huge win and then use it to clear off their debt, such people are usually so delusional about the outcome or gambling, they involve their mind in the activity as if their life depends on it, one can say it's also a habit of an addict.

[AHOYBRAUSE]

I don't think it's a weird situation per se. Addiction is a serious thing and obviously a way out of your debt would be winning it back, right? Problem only is, it basically never happens and people in urgent need of money only dig a deeper hole with the debt getting bigger. It's actually sad and without outside help OR some huge luck to finally win big this is a never ending cycle.
Another issue is, people that would maybe win big and basically win all their debt back also would need to stop at that point. Well, the most people don't. The mindset of "winning a bit more so I can have some for myself as well" is hanging over the whole thing like a dark shadow. And where this goes most of us know, you lose it all back while chasing an imaginary number that maybe might never be enough.  

[Achalugo BTC]

I think we often see cases like this in our own communities we may even have experienced them ourselves. In my view, this is a common occurrence in the world of gambling.

Situations like this are difficult for the gamblers, because in my view once they’re addicted and deep in debt, they’re likely counting on gambling to pay off all their debts. So even if they have a steady income, that doesn’t guarantee they can easily break free from their addiction and escape that difficult situation.

And some of them won't still admit to it, once gambling has shifts from fun to the idea that it can help to sort out bills for you, then it stops being a game and this will land more pressure on them as they will be thinking of ways or methods they can use to get the money back from gambling and the more they give it a try, the more deep they become and the more hard it will be for them to escape that cycle, because addiction doesn't care about the status of the person, and can bring down a rich person if not controlled early. That is why adhering to rules really matters alot and one won't be trapped like that.

[Judith87403]

Someone out there must have settled their debts using gambling, it's not impossible but it's stupid to think this way because the chances that things will work out well is low.

You can gamble with the hope to settle your debts but end up losing more money, this is likely the outcome and that's why I will never recommend such strategy to pay your debts.

What he needs is a job, gambling won't safe him from that debt, he can even end up chasing endless aim that will create more problem for him, debts are best settled with salary.

Although, you might be right, someone must have try to pay up their debt with the means of gambling. But, that doesn't give people the context that it will have to work for everyone, rather than thinking of taking this path and putting themselves in a more stressful way, they should set plans that will be of help to them and stick by it because that way also helps to tighten their discipline and keeps them in control and that way they can win over addiction and even find a way to pay up their debts.

[danadc]

It depends on how they manage themselves in gambling. I have been in debt before and still gambling, but I felt no problem with that because I knew I would be able to pay my loan. In fact, if I remember correctly, I even borrowed money from one of the lenders here before just to use it as capital in gambling. I lost that amount, but I never forgot to pay my loan.

The key here is gamble what you can afford to lose, and borrow only what you can afford to pay.

Your case is different, it's kind of out of the ordinary. Maybe you have a much higher sense of responsibility than average, but most players who are in debt don't manage to pay anything off, quite the opposite, they end up getting even more indebted. In this respect, things can be seen from a point of view closer to thinking that every debtor will keep paying and playing. Your case is an example for those who are in a debt situation.