Why gambling shouldn't be considered as a money-making strategy.

CALVINDOL

VIP Contributor
Right from the initial stage I have never patronized gambling and betting to win website and it is possibly due to the fact that majority of these websites and platforms that totally pays their members if they are lucky to win a bet are considered to be a win by chance opportunity , literally what I am trying to say is that the act of gambling is considered to be a 50/50 activity and if someone is to take such strategy as a means of making money he or she is mostly like to remain poor and broke . The chance for you to actually get paid for engaging in a gambling activity that is if you win is totally small and thin compared to the chance of not even getting paid at all . My fellow colleagues , they are so much ways that the internet has totally made it easier for us to make real money and real cash online and nowadays we do not have to learn a skill or to go extra mile to know a particular strategy so as to make money online because nowadays we can easily make money online by doing the things we know how to do best some of which include our hobbies and our passion .

Nowadays we can make real cash and real money online by watching videos , posting on paid to post website forums , and even getting paid for testing a particular website etc . It is a total waste of time to risk our hard-earned money on gambling activities and practices and if you are totally looking for ways to make real money online you must never engage in gambling but rather look for other less risky ways .
 

Shigobad2020

Active member
I have been into gambling for some years now and to some people , gambling is life , because they makes their daily earning from gambling due to their styles of gambling and some are also addicted to the fact that they have lost everything to gambling , we called those set of people addicted gambler , because they can borrow and sell their property in order to gamble .
We gave different types of gambling , we have sport gambling which include football , hockey , draft , dice , basket ball , boxing and lot more . These types of gambling has their ways in which they operates .
The reason why we can't consider gambling to be an investment is because it does not give you a hundred percent guarantee of success , you only have fifty percent of winning and another fifty percent of loosing and that's why we have shorter number of people who has winning in betting .
 

King bell

VIP Contributor
I think gambling shouldn't be considered as a money-making strategy. This is because gambling is all about luck, which can also be considered as a factor of chance, and if you have bad luck and lose money then it's not really a successful strategy. However, there are some people who consider gambling as part of their money-making strategies. For instance, some people consider the casino to be a way of making money while they take their chances on the roulette wheel.
Many people believe that casinos are a way for one to make money by taking risks and winning large amounts of money on the roulette wheel. However, gambling should not be considered as a money-making strategy because it is dangerous and can cause problems after losing a lot of money, but there are some people who consider the casino to be a way of making money while they take their chances on the roulette wheel.
That's why I think gambling shouldn't be considered as a money-making strategy.
 

GnomeXray

New member
This is not a money-making strategy. It's very risky and you can lose all your money and more. It all depends on luck. One day you can manage to get 100 dollars, but the next you can lose a lot of money. Many people get addicted, which is very very serious. When you gamble, you feel some kind of good feeling. The feeling when you see your balance increasing. It seems easy, but this can lead to serious problems. That sounds really scary right? I'm not saying you can't gamble, but you should be really really careful when doing it. It's very easy to get addicted and you can even end up on the streets.
 

TOZZIBLINKZ

VIP Contributor
They are literally so many ways that people indulge themselves in today so as to successfully and adequately make money online and talking about the act of gambling so as to make money I will consider this a very risky and one of the most the riskiest way of making money online . It is true there are a whole lot of online gambling websites that are considered to be risk-free or riskless but as we know all of this guarantees are all lies because for what we know as long as a website is based on gambling it is absolutely a 50/50 activity which simply means you have the possibility to win and also the possibility to lose and most of the time you will always lose because gambling is based on predicting and no one is totally good at predicting or guessing .

You are too precious to waste your assets and time on gambling websites because they are so many ways to the internet has possibly provided for individuals like you and I to make money some of which include freelancing , and affiliate marketing or even working on small task paying websites and platforms .
 

alnevsky

New member
Right from the initial stage I have never patronized gambling and betting to win website and it is possibly due to the fact that majority of these websites and platforms that totally pays their members if they are lucky to win a bet are considered to be a win by chance opportunity , literally what I am trying to say is that the act of gambling is considered to be a 50/50 activity and if someone is to take such strategy as a means of making money he or she is mostly like to remain poor and broke . The chance for you to actually get paid for engaging in a gambling activity that is if you win is totally small and thin compared to the chance of not even getting paid at all . My fellow colleagues , they are so much ways that the internet has totally made it easier for us to make real money and real cash online and nowadays we do not have to learn a skill or to go extra mile to know a particular strategy so as to make money online because nowadays we can easily make money online by doing the things we know how to do best some of which include our hobbies and our passion .

Nowadays we can make real cash and real money online by watching videos , posting on paid to post website forums , and even getting paid for testing a particular website etc . It is a total waste of time to risk our hard-earned money on gambling activities and practices and if you are totally looking for ways to make real money online you must never engage in gambling but rather look for other less risky ways .
I'm glad to see you've become more knowledgeable about this subject, mate.
I've also been gambling online for six months at OLE777.
And I've discovered that you can make little to no money while doing it.
And your chances of winning the jackpot are very slim.

Overall, I believe that gambling should not be considered a money-making strategy.
Gambling in general could easily get a pass as a pastime.
 

Ithedicious

Valued Contributor
The only reason why so many people are having interest in gambling is as a result of the fact that they are just interested in something they believe they can use to make a quick money within a short period of time . The psychology behind gambling is to make people believe that they can easily stake a smaller amount of money to earn bigger amount of money . Then after this psychology in gambling was created they also make it difficult to a point that before you are able to make a huge sum of money you have already lose almost 90% of the money you have made in gambling in various losing attempt...

With such the possibility of making anything tangible with gambling is not possible, we should rather look for a reliable way of making money and not something that will make us lose so much of our little earning.
 
E

eldavis

Guest
I have come across a lot of persons who consider gambling as an investment, I don't really see how gambling Is an investment. Some even compare gambling to forex trading. Personally gambling is not an investment and it should not even be considered as a method to make money. Gambling is addictive, a place where people try to make millions with very little money. The probability of you winning your bet is not certain, and I do not think there is any strategy on how to win your bets.
 

Carpon

Valued Contributor
I have a lot of friends who are into gambling and I assure you that their life is soon becoming worthless. I do not Gamble, they do but I am financially more stable than they are.

Gambling is never a way to make money even though people may think it is. In my opinion, if I were to categorise things into money making and money taking, gambling will fall in the list of money takers.

Just as you said it is 50\50 chances of either winning or losing but most of the times you end up loosing: I am talking out of the experience of my friends. They bet frequently and it is like a disease without cure because regardless of how they lose, they never stop doing it. Gambling will greatly impede the process of money making and even drain up savings.
 

Sotherefore

VIP Contributor
Thank you for sharing. We all understand what gambling is all about . As I understand it is a high risk money-making strategy in which people have to commit certain amount of money to predict the movement of a particular football club or numbers depending on the type of gambling they are doing .

Even with this, what I have come to understand about this gambling is that most of the gamblers are always losing all the time with little winning rate. The little winning rate might be as a manipulative strategy that makes them think that it is possible for them to continue winning if they apply more strategy, but most importantly even upon all this most of them will still lose at the end of the day.

I've seen so many people regretting about their decision as a gambler and this is something I wouldn't want to engage myself..
 

King bell

VIP Contributor
Gambling is often seen as a way to make quick and easy money. However, the reality is that it is a high-risk activity that can often lead to more financial problems than it solves. Here are four reasons why gambling shouldn't be considered as a money-making strategy:

1. The odds are always stacked against the gambler. In the long run, the house always wins. This means that, over time, the gambler is likely to lose more money than they win .

2. Gambling can lead to addiction. This can lead to financial problems as the gambler spends more and more money chasing their losses.

3. Gambling can lead to other problems, such as debt and relationship problems .

4. It's simply not a sustainable way to make money. Sooner or later, the gambler is likely to run out of money and be in a worse financial position than they were before they started gambling .
 

Augusta

VIP Contributor
Right from the onset I have never seen gambling as a way of making money though I have to learn this a little hard way because I have invested my money in one money doubling scheme before now and I could not retrieve my money this was plenty of years ago since then till now nobody can convince me with any kind of scheme not even investment scheme .

i am not investing my money in anything that is all sounds like gambling. it is all the same thing it is all a scam so I hope other people come to realise this especially people addicted to betting and gambling to know that you cannot make gambling a money-making venture let alone what you should use everyday as a means of making your money for your home or when you leave your financial income in the hands of gambling because you are heading for a financial disaster.
 

Etini

Valued Contributor
Gambling is not and would never be a source of income. Any venture that does not reasonably assure predictability is not what one can build a life on. At best, gambling is a hobby. Any one that gambles as a source of livelihood is not financially intelligent.

You build financial livelihood around something that you are sure that if you put in effort and don't make mistakes, you would reap the financial rewards. Gambling on the other hand takes your destiny off your hands completely and places it in the hands of a bot or simulation software. This is very unstable and volatile.

I had a friend that went to a gambling shoo with about 20,000NGN. He staked gradually with the money till it finished and he was even owing. Such charade can never be a strategy for making money. At best, it can only be considered a hobby and never a job.
 

Augusta

VIP Contributor
Your last paragraph I don't know how someone would try a thing and it isn't working but the person keeps trying and trying again. I'm sure he started the gambling with thousands nsria and then work more to increase the amount spent still the whole money finished. it is really appalling with some people.

I don't even know how someone thinks that they can make money daily jus to gambling on something that isn't static and you are not sure of making money at all. I think people should just leave gambling as a means of making money because it isn't and see it as a hobby. it shouldn't even be seen as a hustle because it isn't.

But funny enough others will notice others losing but they don't mind they want to experience their own. So the bottom line is that gambling can never be a source of income, people need to find a job
 

Johnson2468

Valued Contributor
Gambling is a game of luck, you either win or lose. Initially, it will look like an easy way to make more money but it will eventually drain you financially and can also affect you emotionally. I will say, considering gambling as a way of making money is wrong and should not be encouraged
 

brmanu

New member
Online casinos and bookmakers are open all day, every day for anyone with a smartphone or access to a computer. But maintaining recovery from gambling addiction or problem gambling is still possible if you surround yourself with people to whom you're accountable, avoid tempting environments and websites, give up control of your finances (at least at first), and find healthier activities to replace gambling in your life.
 

saoussen5765

Valued Contributor
When you are working you are providing a service for getting money like remove unwanted pictures from logo or something like that. In gambling you just make choice then go away and wait for result. Then there is no investment or make money strategy or any service or effort given to the community or something like that, just bet and wait for cash that doesn't require any level of experience for any game either roulette or sport events or even play poker or baccarat or any of these well known activities.
 

JulietaRizas

Active member
Your points about the uncertainties and risks involved in relying solely on gambling for income are valid. Indeed, the odds in gambling are often stacked against the player, making it a challenging way to make consistent money. It's essential to recognize that while some may strike lucky occasionally, the long-term outcome tends to favor the house. However, it's crucial to approach online earning opportunities with a discerning eye and a dose of realism. While platforms like Casino Malaysia provide entertainment and a chance to win, it's essential to recognize them for what they are: recreational activities rather than reliable sources of income.
 

Abigael

Valued Contributor
Gambling is not a good source of income, it should never be considered as one even. It is a highly risky thing to venture into especially if you have the hope of making money through it. It is best done as a fun activity and not really something to earn you money. You should also do it with only a small amount that you can afford to lose.
 
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