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Author Topic: can gambling make some financially stable?  (Read 1412 times)

Offline mu_enrico

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Re: can gambling make some financially stable?
« Reply #30 on: March 12, 2024, 03:48:25 PM »
Someone, once told me that he became financially stable through gambling,I doubted. I want to know if anyone have a different view from me,if gambling have the capacity to make someone financially stable? I need your response.
He's the house/casino, so he always wins...
If you are a player, you'll end up in loss. You can say that the player is the consumer of such entertainment and, therefore cannot make profits in the long run. Conversely, the casino/house is the producer of such a service. Hence you can expect them to make money.
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Re: can gambling make some financially stable?
« Reply #30 on: March 12, 2024, 03:48:25 PM »

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Offline DragonF

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Re: can gambling make some financially stable?
« Reply #31 on: March 12, 2024, 03:54:44 PM »
Someone, once told me that he became financially stable through gambling,I doubted. I want to know if anyone have a different view from me,if gambling have the capacity to make someone financially stable? I need your response.
He's the house/casino, so he always wins...
If you are a player, you'll end up in loss. You can say that the player is the consumer of such entertainment and, therefore cannot make profits in the long run. Conversely, the casino/house is the producer of such a service. Hence you can expect them to make money.

You can`t tell if he is the owner of the casino. From the OP`s word, you can easily decipher that he is a player. As a player as you have noted you cannot win all the time so it becomes hard to make sustainable wealth from gambling. Only 1 out of 100 can boost being financially stable from gambling.
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Offline bitbit97

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Re: can gambling make some financially stable?
« Reply #32 on: March 12, 2024, 04:03:36 PM »
I find it an absurd to plan to become financially stable in a game of luck. If someone says it like that, then he probably is lucky to win a large amount of money and his expenses are low. Otherwise I cant imagine how it will be possible to get any kind of financial stability when you need to risk and spend money. I would suggest OP not to be naive and not to trust everything he is being said. Always ask for proof in such cases. It is possible to be financially stable with help of gambling, but only 1 out of many can achieve that. So it is better to count it as impossible, then live with such life plan.

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Re: can gambling make some financially stable?
« Reply #33 on: March 12, 2024, 07:03:40 PM »
Someone, once told me that he became financially stable through gambling,I doubted. I want to know if anyone have a different view from me,if gambling have the capacity to make someone financially stable? I need your response.
It's possible TBH, but there are some things to consider.

I don't think that being financially stable with the help of gambling "alone" is sustainable because for sure, there will be a time when that gambler will lose his/her money. However, if he/she used the money that he got from gambling to build a business then that will make him/her financially stable. Like you, I also have doubts if the only source of income of that person is gambling. He/She will not become financially stable with gambling, but using his/her winnings to build another source of income will.

Well, if that person owns the casino then of course he/she will become financially stable because after all, the house always wins. :D

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Re: can gambling make some financially stable?
« Reply #34 on: March 13, 2024, 10:45:16 AM »
Also look at all those stories about people who have won millions in a lotteries and lost all the money. It suppose to be, that those people will large money could be financially stable, yet they still unhappy in the end. If someone wants to get stable financial income and be around gambling industry - become a dealer or work in a bar. That is the only way to get some kind of a temporary stability in gambling.

Offline bitterguy28

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Re: can gambling make some financially stable?
« Reply #35 on: March 13, 2024, 12:44:47 PM »
It is possible to be financially stable through gambling but if you approach gambling with such a mindset your life will be ruined. Gambling has mar more lives than it has made. Approach gambling as fun and if you are lucky enough to win big then congrats.
I dunno if there are truly someone who is making others as financial stable in gambling because most of the people I met have even ruined their life because of this activities .
but I have heard someone in the group that he quit working and focus in gambling and yes now has luxurious living.

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Re: can gambling make some financially stable?
« Reply #36 on: March 13, 2024, 01:12:48 PM »
It is possible to be financially stable through gambling but if you approach gambling with such a mindset your life will be ruined. Gambling has mar more lives than it has made. Approach gambling as fun and if you are lucky enough to win big then congrats.
I dunno if there are truly someone who is making others as financial stable in gambling because most of the people I met have even ruined their life because of this activities .
but I have heard someone in the group that he quit working and focus in gambling and yes now has luxurious living.

It boils down to luck and also doing what works for you. Maybe he was lucky to have a significant winning then quit his job to establish an investment because no reasonable gambler will depend solely on gambling to make earns meet.
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Re: can gambling make some financially stable?
« Reply #36 on: March 13, 2024, 01:12:48 PM »


Offline Mr. Allcrypto

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Re: can gambling make some financially stable?
« Reply #37 on: March 13, 2024, 05:01:55 PM »
Gambling can not make you financially stable.
Doe I've heard a couple of stories about people winning millions in gambling, but that doesn't change the fact that gambling is based on luck. You can't gamble with the intention of being financially stable.

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Re: can gambling make some financially stable?
« Reply #38 on: March 13, 2024, 07:05:47 PM »
Someone, once told me that he became financially stable through gambling,I doubted. I want to know if anyone have a different view from me,if gambling have the capacity to make someone financially stable? I need your response.

Gambling is a hustling thing, you can today and you can lose tomorrow, I don't understand where you are getting the financial stability insinuation from, you can't even use it to feed yourself because the days you don't win, how are you suppose to even eat breakfast and dinner? You will only starve yourself and when you want to gamble with an empty stomach, you will end up making bad calls that will not make you anything.

If you want to gamble and you want to enjoy it, see it as a fun thing together with good skills, you will make money from it and if you are even lucky, you can win a jackpot.
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Re: can gambling make some financially stable?
« Reply #39 on: March 13, 2024, 11:07:58 PM »
Someone, once told me that he became financially stable through gambling,I doubted. I want to know if anyone have a different view from me,if gambling have the capacity to make someone financially stable? I need your response.

Gambling is a hustling thing, you can today and you can lose tomorrow, I don't understand where you are getting the financial stability insinuation from, you can't even use it to feed yourself because the days you don't win, how are you suppose to even eat breakfast and dinner? You will only starve yourself and when you want to gamble with an empty stomach, you will end up making bad calls that will not make you anything.

If you want to gamble and you want to enjoy it, see it as a fun thing together with good skills, you will make money from it and if you are even lucky, you can win a jackpot.

You're right, I won't trust myself to see it as if something is wrong because obviously things can be very strong if we look at it as a normal income when in reality it can leave us out of any success, causing us to lose a lot of money, this kind of thingThey are the ones we should always see.

The considerations in casino are usually very good if we see them from the correct point of view, we cannot make false assumptions, in a casino the most likely thing is to lose money than to win, so because of this the consequences of acting badly are very catastrophic , big money would be lost, so these are things that should not be allowed.

The Advice I always give is that a casino cannot be taken as a job or income , much less a Place to make investments and those who create something like that, it is already their responsibility.
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Offline WatChe

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Re: can gambling make some financially stable?
« Reply #40 on: March 14, 2024, 06:06:06 PM »
He's the house/casino, so he always wins...
If you are a player, you'll end up in loss. You can say that the player is the consumer of such entertainment and, therefore cannot make profits in the long run. Conversely, the casino/house is the producer of such a service. Hence you can expect them to make money.

That's unfortunately very true. In gambling House is the winner while gamblers are mostly the one who lose money here.  Gambling should always be taken as entertainment and only that much money be invested in gambling which one can afford to lose. There are not many gamblers around, who says they are always the winner in gambling.

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Re: can gambling make some financially stable?
« Reply #41 on: March 14, 2024, 08:45:19 PM »
I will reply according  to your topic

Gambling  to make yourself financially  stable is really a bad idea, fine you could get a huge luck which might change your financial status  to a better one but the the probability of getting it within a short period of time is very low and the more you play the more you get addicted .
Gambling  could be done for fun and yes, you can play for luck but this should have a regulation , be cautious  not to get destabilised while trying to change your financially status
Gamble responsibly :)
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Offline Altcoin1998$

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Re: can gambling make some financially stable?
« Reply #42 on: March 14, 2024, 08:57:06 PM »
Gambling can not make you financially stable.
Doe I've heard a couple of stories about people winning millions in gambling, but that doesn't change the fact that gambling is based on luck. You can't gamble with the intention of being financially stable.
Gambling can be financially stable for those lucky participants who get large profits or jackpots from gambling. Their number is very few and far between millions of users. Financial issues should not be considered with low numbers but most gamblers end up gambling bankrupt. Considering most gamblers, gambling can never be financially supported or stable.
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Re: can gambling make some financially stable?
« Reply #43 on: March 15, 2024, 04:23:34 AM »
I will reply according  to your topic

Gambling  to make yourself financially  stable is really a bad idea, fine you could get a huge luck which might change your financial status  to a better one but the the probability of getting it within a short period of time is very low and the more you play the more you get addicted .
Gambling  could be done for fun and yes, you can play for luck but this should have a regulation , be cautious  not to get destabilised while trying to change your financially status
Gamble responsibly :)

Gambling can ruin your finances in a minute because winning is never guaranteed. It is bad to the point that the more time you engage in gambling, the likelihood that you will lose more money, unlike other businesses where the more time and resources you spend, the more likely for an increased profit. Since this is the reality of gambling, depending on it for financial prosperity is wrong and damaging.

I remember when I funded my account with $100 to multiply the money. I set up a rollover challenge for 10 days with a target odds of 1.5 daily. I won the first 3 days of playing but everything was ruined on day 4. Aside from losing the money, I was always feeling tense each time my game was on which was also not a good sign for my health. When you consider your emotions and mental health, it will be in your best interest never to gamble with the intent of being financially stable from it because gambling creates more problems for a gambler than it solves.

Gambling should be approached with caution and as a form of entertainment rather than a means to change your financial story. 
« Last Edit: March 15, 2024, 07:24:08 AM by DragonF »
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Re: can gambling make some financially stable?
« Reply #44 on: March 15, 2024, 10:15:45 AM »

Gambling should be approached with caution and as a form of entertainment rather than a means to change your financial story. 
I think you should bold this
Gambling should be approached with caution and as a form of entertainment rather than a means to change your financial story. 
In the world we are today somany people have made gambling a form of looking forward to a financial  changes to a good one.
What people don't  know is that Gambling gives false hope  making  you more addicted  if you plan on making  it a source of wealth generation
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