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Author Topic: Gambling Makes Rich  (Read 974 times)

Offline DragonF

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Gambling Makes Rich
« on: February 06, 2024, 12:48:17 AM »
There has been constant and unending debate in this forum about the possibility of becoming rich through gambling. I want to rejuvenate the debate by stating clearly that gambling can make someone rich. Someone uploaded his winning ticket on Twitter and this has generated diverse interest regarding gambling. This person staked #200 and won 23 million naira in Bet9ja. If not for gambling, what job can such a person do to get such an amount of money? The luck has fallen on him and if he is wise he can make more money by investing in productive business and not increasing his stake.

Below is the ticket:


This withstanding we should approach gambling with caution and an understanding of the associated risk. Remember not everyone will be lucky.

What is your opinion on this winning? Has this changed your mentality regarding gambling? Do you think people can become rich through gambling?


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Gambling Makes Rich
« on: February 06, 2024, 12:48:17 AM »

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Offline Thyplaymaker

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Re: Gambling Makes Rich
« Reply #1 on: February 06, 2024, 02:07:54 AM »
Yeah gambling can make someone rich without taking much time but at same time can also make someone poor when being engaged irresponsibly. I've seen alot of people that gambling have change their lives for the better by just hitting a miraculous jackpot. And some gambling have destroyed too, that why in gambling you much get principles you got to follow and you should always gamble responsibly and with caution also.

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Re: Gambling Makes Rich
« Reply #2 on: February 06, 2024, 05:29:29 AM »
Gambling can make people rich, if that person has luck. If the person doesn't have luck, then he can lose, worse, he can go bankrupt in a day.

So we need to understand that gambling can make people rich, but the odds are quite low and not all gamblers can feel this way. That's why if you want to get rich, don't do it from gambling, but work hard or build your own business.

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Re: Gambling Makes Rich
« Reply #3 on: February 06, 2024, 06:14:11 AM »
That kind of scenario is one in a million, just like someone winning in a lotto.

But the general perception that gambling can make someone rich is somewhat misleading. Though few people are making fortunes out of gambling but millions are also going broke and families broken because of gambling.

So, for me saying gambling can makes us rich is wrong.

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Re: Gambling Makes Rich
« Reply #4 on: February 06, 2024, 09:52:42 AM »
That kind of scenario is one in a million, just like someone winning in a lotto.

But the general perception that gambling can make someone rich is somewhat misleading. Though few people are making fortunes out of gambling but millions are also going broke and families broken because of gambling.

So, for me saying gambling can makes us rich is wrong.

It may not be misleading to say that gambling is capable of making someone rich because we hear and see people making millions from it. However, gambling can not reliably make someone rich because the outcome is always uncertain. The odds are typically sacked against the player and so, the house always has an edge.

Well, it is not proper to promote the idea that gambling makes people rich since majority of the gamblers do not amass wealth from gambling and so holding that gambling makes rich can be problematic and even create unrealistic expectations in the mind of the gambler which can result in emotional and financial damage.


Offline DabsPoorVersion

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Re: Gambling Makes Rich
« Reply #5 on: February 06, 2024, 10:19:00 AM »
It is possible to become rich by gambling, but there is no guarantee of this option. Considering that luck plays a big role in knowing whether or not someone will be successful in this gambling. There are indeed some individuals who have been able to change their lives by winning gambling or a lot of money in gambling, this is a rare opportunity, and not everyone can achieve it. Many people want to achieve similar gains, but it is important to know that not everyone will be successful in this endeavor.
« Last Edit: March 07, 2024, 11:08:40 AM by DabsPoorVersion »
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Re: Gambling Makes Rich
« Reply #6 on: February 06, 2024, 10:38:08 AM »
Have you considered how often he has lost the while gambling?
Some people might be gambling for many years and have not made better winning for themselves but when the luck comes it would looks as if gambling is not hard or is so easily where you can win all the time without knowing its just a luck based game. People has became more poorer due to gambling, have you also consider such class of people as well who has been trying as much as possible to win which they sold lots of their properties to secure winning even as that no winning kept coming.
Note: Gambling can you rich at a time makes you poor as well.

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Re: Gambling Makes Rich
« Reply #6 on: February 06, 2024, 10:38:08 AM »


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Re: Gambling Makes Rich
« Reply #7 on: February 06, 2024, 02:21:54 PM »
Gambling can really make someone rich no doubt about that but take note it is one in a million gambler so take advantage of it it is your opportunity to have a capital for an investment to give you passive income. That being said if you have to properly manage your winnings but if not then you will end up losing all that again if tides turns against you. Winning millions in gambling is just one shot. Always remember this lyric from one of Eminem's songs that says:

Quote
The moment, you own it, you better never let it go
You only get one shot, do not miss your chance to blow
This opportunity comes once in a lifetime.

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Re: Gambling Makes Rich
« Reply #8 on: February 06, 2024, 02:40:03 PM »
There is nothing wrong with saying gambling can make us rich, but my question is what percentage of people become rich because of gambling? can anyone answer? is it 10% or less? 20% or more than that?

He got a big win because luck was with him when he gambled, so it made him win a big amount of money gambling.

And again, my question is how many people are lucky in gambling? I think it's not many. Regardless, I think it comes back to our own perception of this.

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Re: Gambling Makes Rich
« Reply #9 on: February 06, 2024, 02:45:40 PM »
There has been constant and unending debate in this forum about the possibility of becoming rich through gambling. I want to rejuvenate the debate by stating clearly that gambling can make someone rich. Someone uploaded his winning ticket on Twitter and this has generated diverse interest regarding gambling. This person staked #200 and won 23 million naira in Bet9ja. If not for gambling, what job can such a person do to get such an amount of money? The luck has fallen on him and if he is wise he can make more money by investing in productive business and not increasing his stake.

I disagree with the title ofyour thread no gambling cannot make you rich it could only make you rich if you're lucky enough to make the right bet, but gambling is never a cash cow many have tried that in the past, but they all failed and the numbers are growing, there are only few people who really made it in gambling it never a rule that you can be rich in gambling.
There are lotto winners, this is because they were hit by the jackpot they did not intentionally bet to win they hoped that luck would hit them and it did.

Quote
This withstanding we should approach gambling with caution and an understanding of the associated risk. Remember not everyone will be lucky.

What is your opinion on this winning? Has this changed your mentality regarding gambling? Do you think people can become rich through gambling?
The only people who get rich from gambling are gambling operators, owners, and promoters but if you're a bettor there's no guarantee there are people who get rich in gambling but is hard to imitate these people unless you also get hit by luck, treat gambling as an entertainment and
you will be ok and you might invite luck.
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Offline bitbit97

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Re: Gambling Makes Rich
« Reply #10 on: February 06, 2024, 04:13:22 PM »
Gambling can make somebody rich through making thousands poor, in addition to making casinos earn. OP has given an example how some lucky person turned 200 naira into millions. Amazing achievement, but most likely that wont be repeated any month or year soon, and none of us gonna achieve similar. Chance to repeat such luck is one out of millions. This case I would not count as a motivation to start gambling. Instead it will show that where money was, not there are little.
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Offline DaNNy001

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Re: Gambling Makes Rich
« Reply #11 on: February 06, 2024, 10:19:49 PM »
The truth is that there is this fact that luck can actually make you successful but the one problem that stands is that no one is certain of that luck and I think if people actually look the winnings of others and take such step to follow up with gambling then you might find that the end outcome won't be particularly the same with your expectations.

I can point out to this fact that the habit has made millions of person go crazy with the fantasy that they can actually  win that huge funds but the truth is that the possibility Is very slim
« Last Edit: February 06, 2024, 10:25:52 PM by DaNNy001 »

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Re: Gambling Makes Rich
« Reply #12 on: February 06, 2024, 10:40:36 PM »
As you have stated already, the gambler is just lucky to have won such a huge amount of money with little staking power. Not everyone has such luck comes to, in their gambling stakes. They will bet on a big and small amount, they won't even win a dollar, talk more of such amount until the time they decide to quit gambling on their own.

It would be stupid of that person, who has won such an amount of money, to lavish it without utilize in starting up businesses or having some investment for themselves.

On that, gambling winning comes once in a while, and it remains a game of luck, that one should not rely on, for the breakthrough of riches or that of their family

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Re: Gambling Makes Rich
« Reply #13 on: February 06, 2024, 11:01:17 PM »
I don't think I have said that gambling can not make someone rich but I remember saying that gambling is a game of chance which the bettors doesn't know when he or she will win a jackpot that can make him become rich abruptly. Gambling is a risky where you have to stake your money in a game that you don't yet know the outcome until the end of the game. So, while gambling, it's wise to risk the amount you can afford to lose.

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Re: Gambling Makes Rich
« Reply #14 on: February 06, 2024, 11:24:24 PM »
Yeah gambling can make someone rich without taking much time but at same time can also make someone poor when being engaged irresponsibly. I've seen alot of people that gambling have change their lives for the better by just hitting a miraculous jackpot. And some gambling have destroyed too, that why in gambling you much get principles you got to follow and you should always gamble responsibly and with caution also.
I don't think that gambling have made more millionaires more than it has made people poor. There's no doubt that people could miraculously hit the jackpot but what is the percentage of people that gets rich through this means? Very minimal I think.

The number of people who wish and think that they will become very rich through gambling is increasing and that is the reason why there is gambling addiction.

 

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