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Author Topic: Don't gamble with your full money.  (Read 1634 times)

Offline Jamal Aezaz

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Re: Don't gamble with your full money.
« Reply #30 on: January 09, 2024, 09:41:21 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.
Sorry to hear about your Friend. Sadly it is the truth of Gambling Addiction. which I think is one of the worst kinds of Addiction. I have heard so many stories about people who lost all their money in gambling. but what is more sad is they still continued to go to gambling places and gamble there or gamble online.
I whish there was a feature/system implemented by casinos to stop people for gambling after a certain time. but obviously those casinos making money from these people so they would never do something like that.
Gamblers should learn to control themselves.
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Re: Don't gamble with your full money.
« Reply #30 on: January 09, 2024, 09:41:21 AM »

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Re: Don't gamble with your full money.
« Reply #31 on: January 09, 2024, 01:02:24 PM »
Blowing away all your money on gambling is one of the biggest follies. I think only those who are most addicted to gambling and those who have mental problems will do this kind of thing. If you want to survive, you will need money to make a living. In every work and every step in this world you will need money. A wise man should never waste all his wealth on gambling only. Rather you should earn money according to a plan and spend the money according to the plan. Because you also need to have a good idea about the future and use the present by thinking about the future.

Not only most addicted gamblers can bet all money in one bet, but also a very self confident people. If a person is really sure what he is doing, he is calculated all the risks and they are acceptable for him, then why not make an all-in?

You also say that wise men should never spend everything on gambling. Gambling means taking risk. What about those people, who have sold everything, took all their money and invested or spend on what they are passional on, what they believe in, and make fortune of that? Like people who have spend last money on materials, crafted something and became millionaires, for example.
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Re: Don't gamble with your full money.
« Reply #32 on: January 09, 2024, 06:15:32 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.
Sorry to hear about your Friend. Sadly it is the truth of Gambling Addiction. which I think is one of the worst kinds of Addiction. I have heard so many stories about people who lost all their money in gambling. but what is more sad is they still continued to go to gambling places and gamble there or gamble online.
I whish there was a feature/system implemented by casinos to stop people for gambling after a certain time. but obviously those casinos making money from these people so they would never do something like that.
Gamblers should learn to control themselves.
Lol,this is funny,how can Cassino implement a system that will restrict people who have really wasted their money on gambling,when the Cassino is only after you playing with the last dime that you have,so that you can go home crying like a baby.
A guy played out all the money he had for school fee,and could not go home to meet his parents,he had to remain in the Cassino hall and beg for refund of the money,this made most persons laugh,but the situation was a pitiable one to me,but what shocked me was that two weeks after he was stripped off of all his money,thesame guy still came to the Cassino hall and was still playing,chasing the loss he had weeks ago,and he still ended up being in more debt.It is so hard to stop something you are already addicted to.

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Re: Don't gamble with your full money.
« Reply #33 on: January 09, 2024, 07:19:17 PM »
I have a basic rule that I learned when I traded, it is not something that I did at once, because it took many months to understand how I should manage my money, when we have money, we can feel that I can do many things, by increasing it Well, I think that many will say that they will do whatever they want without any problem, so when we are in a casino or we are going to enter a casino, the first thing we have to do is allocate some money available to lose, that is, money that We can lose without losing our basic things, like food, like basic supplies, and if there is a family that depends on us as a man, even more so, we must take care of that money and not bet it on anything in the world.

When you assume all that and allocate the money you are willing to lose, things change in the casino, because you can enjoy it and if you want to bet crazy, you can do it, only if the money you were willing to lose you lose it. Well, there's nothing to do, not deposit more or do anything else to put money in, just assume what was lost and that's it, that requires Discipline , but it's worth doing.

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Re: Don't gamble with your full money.
« Reply #34 on: January 20, 2024, 03:04:51 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.

This should be the case, if you want to gamble, you should use extra money, not your full salary, even if your friend is not married, at least you have to manage your finances from an early age before marriage. If this continues until he gets married, it will be really sad for his family life.

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Re: Don't gamble with your full money.
« Reply #35 on: January 20, 2024, 04:12:13 PM »
It is absolutely true that one should never use full money for gambling as there is a possibility of becoming completely destitute. When you gamble with your full funds, if you suffer a loss, it will definitely be lost and you will never get it back, so you should always gamble with caution. Gambling with a small amount of money will save you money in the future but if you gamble with full money then if you lose it all you will not get that money back later and you will become addicted. So to gamble yourself as a precaution, make sure to collect a certain amount of funds and gamble with small amounts from there so that you don't break down too much and get emotional even if you end up losing.

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Re: Don't gamble with your full money.
« Reply #36 on: January 20, 2024, 05:32:35 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.
What courage or carelessness your friend did, gambling with all the money he had.
In my opinion, in any kind of gambling, we should not bet with all our money. 
Because it is very dangerous if our predictions are wrong, just use enough money.

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Re: Don't gamble with your full money.
« Reply #36 on: January 20, 2024, 05:32:35 PM »


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Re: Don't gamble with your full money.
« Reply #37 on: January 20, 2024, 10:26:07 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.
In my opinion, this is a very unwise step because after all gambling is something that is very risky whatever the circumstances. Using most or all of our salary to gamble in the hope of multiplying our money is very unwise and can actually make us worse off.

That's why financial management is important when we really enter the world of gambling. and indeed we should use no more than 5% of our income for gambling so that we can manage ourselves so that we don't become dependent on gambling. Gambling is not something that can make us rich quickly, but it is very risky for us to lose our money and our assets.

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Re: Don't gamble with your full money.
« Reply #38 on: January 22, 2024, 11:51:50 AM »
games are games, you can't put all your money into it for luck. As it seems to me it is better to use the money received from distributions or tournaments like Fairspin, and then you can use this money to play and get emotions and win.

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Re: Don't gamble with your full money.
« Reply #39 on: January 22, 2024, 12:43:08 PM »
It is absolutely true that one should never use full money for gambling as there is a possibility of becoming completely destitute. When you gamble with your full funds, if you suffer a loss, it will definitely be lost and you will never get it back, so you should always gamble with caution. Gambling with a small amount of money will save you money in the future but if you gamble with full money then if you lose it all you will not get that money back later and you will become addicted. So to gamble yourself as a precaution, make sure to collect a certain amount of funds and gamble with small amounts from there so that you don't break down too much and get emotional even if you end up losing.
Gambling with all your money is foolishness at its best.  In this case, if the gambler wins then it is good but if he loses once then all the balance will be zero. There are many gamblers who borrow money from other sources and invest in gambling on the condition that if he wins the bet from gambling, then he must return the borrowed money, but if he loses in gambling, then there is no chance to return the borrowed money. So for now all smart gamblers never invest with gambling loan or invest with full balance. They invest in gambling in pieces and they do not invest continuously but invest intermittently. One should never invest in monogamy because in this case there is a possibility of repeated losses in gambling.
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Re: Don't gamble with your full money.
« Reply #40 on: January 22, 2024, 02:19:30 PM »
Gambling with full money means winning big. Hard to resist that temptation. I think it depends from a situation. Sometimes it is normal to go all-in and take a risk. Bad day cant be every day. Sometimes there are bright streaks in life. Gambling with all you have is accepted, when you think several times about consequences, weighed all the pros and cons, ready to lose everything. But gambling with all funds is not accepted if this is a spontaneous decision or it was taken in a rush. 
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Re: Don't gamble with your full money.
« Reply #41 on: January 22, 2024, 02:36:42 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.
Yeah some people even use their hard earned money to gamble and risking that money intended to buy food and other basic needs of the family is a suicide. Using extra money to gamble won't hurt everyone's feelings instead you will enjoy it regardless of losing.

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Re: Don't gamble with your full money.
« Reply #42 on: January 23, 2024, 03:41:02 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.
Yeah some people even use their hard earned money to gamble and risking that money intended to buy food and other basic needs of the family is a suicide. Using extra money to gamble won't hurt everyone's feelings instead you will enjoy it regardless of losing.

We always have to see what we are not getting into when it comes to casinos, this type of thing would not happen, if before playing we could not agree to see how much money we are willing to lose, and with that we determine how we can play, But the most important thing, and in order not to fall into that emoines thing, is that I let myself be fooled, that it was my first time and all those excuses that we can make to ourselves, to try to cover up our mistakes, is that, if we have the a balance ready to lose, there will be no problems later because if you have 20usd, you can't put more of that 20usd, and the rest of the money is ours, it's something another day.

These types of mistakes are made a lot by players who are novices, and that is what they must first have in mind, not giving themselves up to making those mistakes , because it is very easy, here not knowing and playing only out of pure ignorance can be very expensive for us. , it is unfortunate what happened to your friend, but let it serve as an experience so that it does not happen again.
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Re: Don't gamble with your full money.
« Reply #43 on: January 23, 2024, 05:30:21 PM »
Using extra money to gamble won't hurt everyone's feelings instead you will enjoy it regardless of losing.

Do we gain any satisfaction from losing money? Does extra money mean that there are no productive things we can do with the money? In my thinking, when we say people gamble for fun it means they don't allow the loss to affect them psychologically, mentally, emotionally, or physically. But then, even if there is any such thing as extra money, there is no one who will celebrate losing a bet. There might be no panic and there will also be no celebration.  Only winning a bet can bring happiness.
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    Third year Anniversary Karma Good 1000 Posts
Re: Don't gamble with your full money.
« Reply #44 on: January 25, 2024, 11:13:33 AM »
Using extra money to gamble won't hurt everyone's feelings instead you will enjoy it regardless of losing.

Do we gain any satisfaction from losing money? Does extra money mean that there are no productive things we can do with the money? In my thinking, when we say people gamble for fun it means they don't allow the loss to affect them psychologically, mentally, emotionally, or physically. But then, even if there is any such thing as extra money, there is no one who will celebrate losing a bet. There might be no panic and there will also be no celebration.  Only winning a bet can bring happiness.
Obviously I wouldn't have anyone happy when they lose money, but at least they can better restrain themselves from chasing their losses in betting, which is something that should be possible.

Having fun in gambling in my opinion has a very broad meaning, I'm not justifying fun when feeling defeat, but as I said at the beginning that way we can enjoy the game more and if we lose we no longer deposit.

Because usually I personally do that so that I don't get dragged into gambling which in the end makes me lose more.

 

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