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Author Topic: Don't gamble with your full money.  (Read 1578 times)

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Don't gamble with your full money.
« on: December 31, 2023, 10:53:17 AM »
Yesterday my friend got salary from his employment and at night he gambled and at one point he lost all his money and now he has no money to buy food. I explained this to him and said first save some money to manage your life and gamble with the extra money, how did you fell thinking.
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Don't gamble with your full money.
« on: December 31, 2023, 10:53:17 AM »

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Offline LDL

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Re: Don't gamble with your full money.
« Reply #1 on: December 31, 2023, 01:41:17 PM »
Yesterday my friend got salary from his employment and at night he gambled and at one point he lost all his money and now he has no money to buy food. I explained this to him and said first save some money to manage your life and gamble with the extra money, how did you fell thinking.
Your friend got too greedy and did stupid things that he never should have done. How he gambled a month's salary on gambling bets In this case he should have saved some money for the family and experimented with gambling with a small amount of money. Now that he has lost all his gambling money, he has no money to buy food for his family. You should educate and convince him so that in the future he will not do such stupid things because he gets too greedy.

Offline knowngunman

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Re: Don't gamble with your full money.
« Reply #2 on: December 31, 2023, 08:48:11 PM »
I can not sympathize with your friend for his foolishness action. Budgeting and setting aside money for essentials like food and bills is very critical. It's never a good idea to gamble with money that's needed for basic necessities. When you play without caution, you face the consequences that follows. You should keep an eye on him because he might be tempted to try to win back the money he lost but that can often lead to bigger losses if care is not taken.

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Re: Don't gamble with your full money.
« Reply #3 on: December 31, 2023, 09:03:47 PM »
no money in new year's eve? that\s bad luck  ;D
in my country, we have a belief that when you have no money in your pocket in new years eve or this time when the clock ticks to 12.01 AM Jan 01, 2024 and you still have no money in your pocket, the whole year you will have no money lol not a good way to start your year.

anyway, this story is just too much to believe though. of all time to gamble, he picks the time when there is the need of cash to spend and he gambled it all. there is no way a person would do that, gambling addict or not.

but if its true then he is in a bad situation. happy new year to him.

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Re: Don't gamble with your full money.
« Reply #4 on: January 01, 2024, 05:54:42 AM »
Yesterday my friend got salary from his employment and at night he gambled and at one point he lost all his money and now he has no money to buy food. I explained this to him and said first save some money to manage your life and gamble with the extra money, how did you fell thinking.
Since your friend is employed, your friend is well informed about gambling and the profit and loss of gambling. Since there may be losses in gambling, but the entire salary of that job should not be gambled. Of course, he should have partially bet before taking the gamble and if he lost the bet, he should not bet again. But he bet the whole part of his salary and lost first and lost the entire salary. In this case, as he has no money to support his family, they have to spend the whole month in hardship. But I forbid your friend from doing such stupid things again and best wishes to his family in the new year.
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Re: Don't gamble with your full money.
« Reply #5 on: January 01, 2024, 01:14:41 PM »
Yesterday my friend got salary from his employment and at night he gambled and at one point he lost all his money and now he has no money to buy food. I explained this to him and said first save some money to manage your life and gamble with the extra money, how did you fell thinking.
I know that this is happening not only to your friend but even somewhere, there's always the same scenario anywhere. But I can't imagine how some people can consider gambling away their entire salary. Without realizing that your salary is the money you earn through hard work and should be spent wisely. Earning money isn't easy, especially when it comes from your job.

Your friend might be considering doubling his money through gambling, which is a thought that no gambler should ever think of. It is important to remember to only use the extra money that we have and never gamble with all our money. It is always wise to save enough money for any unforeseen circumstances.
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Re: Don't gamble with your full money.
« Reply #6 on: January 01, 2024, 04:19:07 PM »
How did he let that happened. This shows that he cannot control himself when he is gambling and maybe he was busy chasing his lossand ran to more losses. Self control is very important in whatever that we are doing especially in activities that can lead one to addiction. He should set an amount that he will be using to gamble from his salary so that when that funds is lost, he can stop gambling and wait tl the next pay c omes in. He should also set a time limit for his gambling activities and learn to quit at the right time. If you have five consecutive losses, it is better to quit the game and play another time because it might be that you will continue losing if you don't quit.

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Re: Don't gamble with your full money.
« Reply #6 on: January 01, 2024, 04:19:07 PM »


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Re: Don't gamble with your full money.
« Reply #7 on: January 01, 2024, 05:09:12 PM »
Well, your friend can honestly fall into an addiction and that is what should be avoided. What he should do in the first place is for him to set aside some of his money ready to lose. If he loses it, he cannot and should not make a deposit again to recover, much less to try to win under pressure, because what it will achieve is that things will become worse, and it will be dangerous for him and everyone around him, because people who become addicted not only lose their money, if they If they are careless and things get out of control, they will begin to lose assets, family members, because they will always look to lend money to their friends, to the banks, and there is nothing worse than things becoming like this, it is something they cannot afford to do.

I always recommend that, and also if the person is lucky enough and makes a good profit, then they have to withdraw their money, because things are better that way, those who have won a lot, and then they gamble mostly on it. They lose everything and even more, so these are things that must be considered in the casino, it must be played intelligently.
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Re: Don't gamble with your full money.
« Reply #8 on: January 02, 2024, 12:11:32 AM »
Yesterday my friend got salary from his employment and at night he gambled and at one point he lost all his money and now he has no money to buy food. I explained this to him and said first save some money to manage your life and gamble with the extra money, how did you fell thinking.

Your friend going to lose everything if your friend keeps doing this, your bankroll should be money that you can afford to lose and it should be allocated only a small portion of your salary, this is how a gambler get into debt, they gamble their whole money so they have to take a loan so they can continue gambling, they'll just woke up one day that they have a huge because of the interest and that's how your life ended miserable because of gambling.
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Offline Thyplaymaker

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Re: Don't gamble with your full money.
« Reply #9 on: January 02, 2024, 12:43:00 AM »
Gambling with full money is gambling irresponsibly, is like your leaving all your funds in the hand of faith or luck. Normally ll we all know that if the bet went your way. You make tones of profit but does it worth losing the only cash you have?. No! Because you will end up regretting that action if you lose the cash. That why you always risk what you can afford to risk and gamble like you are gambling for fun and not something you do to get rich quick.

Offline Agbe

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Re: Don't gamble with your full money.
« Reply #10 on: January 02, 2024, 05:27:44 PM »
Anyone who gamble with his full money is not a responsible Gambler. A responsible Gambler must know how to gamble with his money. Even before gambling he has to do some home work well so that even if he loss from the game, he would not go home with empty pocket. Gambling is very interesting if only you know how to manage your gambling habit. But whereby you are just playing without Planning yourself then when you loss, you loss everything and that is bad.

Offline Youngkhngdiddy

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Re: Don't gamble with your full money.
« Reply #11 on: January 03, 2024, 05:39:30 PM »
The courage people have trying to gamble with all the funds they've got is fascinating. How will you put all your eggs in one basket. Well I won't blame them, the reason behind the scrutinous act is not beyond greed. Gamble normally is an activity with so much risk factors and a normal person who knows and understands this will not go ahead to act greedy to it. It can be a fun activity until loss is incurred, then there'd be a room of seriousness.
  Gambling can either be profitable or not, it all should be expected, you can't always keep winning. Yes, sometimes one would try to compare himself with someone who stakes more huge amount of money and then wins huger forgetting that the said person didn't start differently from how they're now. It's a process, even if we start gaining big from it, we should be mindful not to let greed come into our heads because that then would be the start of our big losses.

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Re: Don't gamble with your full money.
« Reply #12 on: January 03, 2024, 09:54:20 PM »
Yesterday my friend got salary from his employment and at night he gambled and at one point he lost all his money and now he has no money to buy food. I explained this to him and said first save some money to manage your life and gamble with the extra money, how did you fell thinking.

I think what your friend needs right now is orientation because from what you have said, if he really had knowledge on gambling principles, he would not have made such silly and costly mistake of gambling with all his salary having nothing to feed with. You should let your friend know that he needs to have a gambling budget for instance, he could make or set aside 1% of his income for gambling so as not to exceed or use his whole salary for gambling next time.

It does not just end there, he should gamble responsibly and should also remember that gambling is for fun and not get rich quick scheme if he has that thought, he should do away with it otherwise he could get addicted to gambling and from the looks, his act shows that already and possibly he might have been doing that for a long time now but however, you should not relent in extending hands of advise to him because when it reaches tomorrow you would have yourself to blame to not putting in your cents and words of advise.
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Offline SmartGold01

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Re: Don't gamble with your full money.
« Reply #13 on: January 03, 2024, 11:33:07 PM »
Your friend needs more guideline or some sets of books to read about gambling because I can't see how naive he could be to just empty his pocket to gamble with all his salary, don't he have family maybe children and wife whom who would take care of?
Sometimes it gets me surprised to see that most people are still in that stage to just waste all their entire salary to gambling due to a game they senses to be correct score and could be a life changing game making him to go gamble with his entire salary without even reserving some forms of savings. This are the people who are giving gambling a bad misrepresentation causing people who gambling to looks as if gambling is a crime.

Offline Agbe

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Re: Don't gamble with your full money.
« Reply #14 on: January 07, 2024, 02:17:35 AM »
The friend is not a good planner of his life and probably he is bachelor because if he was married he would given his wife money for the Christmas and New Year first before moving to the gambling hall. And those who don't have good plan always ends up gambling all their salaries in the game industry. And for him to stop that habit, he has to set a limit and budget himself to gamble so that the matter how he is playing games, he would not exceed that amount and that should come from self discipline.

 

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