Can betting make someone poor?

[kayode10]

Betting has become a second nature among the youth in my country. With the advent of online sports betting, it is now pretty much easier for someone to get addicted to sport betting as things are pretty much easier to carry out on the internet.

I have couple of young guys over here who don't go to any other places than to sport betting shop hope it is some small amount of money which they are going to bet on sports betting to make huge amount. These guys are not doing any work to earn money but they believe in betting. I want to ask that can better make someone poor?

 

[Btaliat]

Betting if not control can make one poor. People that always gamble do not really have finacial control and this will make them poor if care is not taken.

 

[uka]

It can do worse than that if care is not taking for example it can lead to brokness, stealing, etc if it is not control by the authority it can cause damages in the society

 

[Hannman]

It's not even making people poor alone, it's destroying some people's life. Betting should be a calculated risk, don't play with any amount that you won't be able to afford to lose thinking that you might be lucky. What if you're not lucky? Betting has turn so many people homeless and carless because they won't play with the amount they can afford to lose

 

[Sike_lottery]

As a matter of fact, so many people do not employ proper risk management strategy whenever they are gambling, it has made so many people very poor because many lost respectable amount of money. This is indeed why a proper risk management should be adopted.

 

[WinJonny]

Some people's lives are being destroyed by it, not just making people destitute. When you bet, you should take sensible risks; never risk money that you can't afford to lose in the hopes of hitting it lucky. What if you don't have luck? Because they only bet with money they can afford to lose, gamblers have caused a large number of people to become homeless and carless.

 

[Hardexy1]

Yeah, very well, sport betting can make you poor if care is not taken, greediness is one ot the factor that causes many people to go broke, many people or players want to win big with little amount of many that's greediness, that's why the rich are really making it big in sport betting, and again staking with high amount of money without thinking of loosing

 

[Sike_lottery]

Yeah, very well, sport betting can make you poor if care is not taken, greediness is one ot the factor that causes many people to go broke, many people or players want to win big with little amount of many that's greediness, that's why the rich are really making it big in sport betting, and again staking with high amount of money without thinking of loosing

You are absolutely correct with your statement because the sportsbet can make someone poor if care is not taken and that is why it is always necessary to be cautious whenever you are betting because it comes with a lot of risk.

 

[SlotsMaster]

You are absolutely correct with your statement because the sportsbet can make someone poor if care is not taken and that is why it is always necessary to be cautious whenever you are betting because it comes with a lot of risk.

What is the correct that sport betting comes in the lot of risk and it is indeeda very wonderful thing to achieve because when you manage the risk that is involved in sport betting, you don't find yourself in a big mess.

 

[Sike_lottery]

What is the correct that sport betting comes in the lot of risk and it is indeeda very wonderful thing to achieve because when you manage the risk that is involved in sport betting, you don't find yourself in a big mess.

It is true that you wouldn't find yourself in a big mess if you are able to manage the risk that is involved in betting and that is exactly what you should do to manage the level of risk to take when playing.

 

[SlotsMaster]

It is true that you wouldn't find yourself in a big mess if you are able to manage the risk that is involved in betting and that is exactly what you should do to manage the level of risk to take when playing.

Just as gambling can make you rich, it can also make you poor if you do not have the proper risk management strategy because you must ensure to manage your bankroll more effectively to prevent this.

 

[Bigron]

Betting can definitely make someone penniless, especially when that individual becomes addicted to gambling in general. The uncertain nature of the selections one picks can gradually drain you of your finances.

 

[Ajebo25]

Of course betting can make someone poor depending on the amount of cash you used to wager on casino games you need to make sure that you only stake with an amount you can afford to lose people who stakes with higher with hope of winning usually have financial issues in the future.

 

[SlotsMaster]

Of course betting can make someone poor depending on the amount of cash you used to wager on casino games you need to make sure that you only stake with an amount you can afford to lose people who stakes with higher with hope of winning usually have financial issues in the future.

You are absolutely correct because I think betting could make someone really poor if you do not have a proper plan on how to go about gambling but if you know the nitty gritty and you know how to go about gambling, it is definitely not going to make you poor.

 

[Bigron]

You are absolutely correct because I think betting could make someone really poor if you do not have a proper plan on how to go about gambling but if you know the nitty gritty and you know how to go about gambling, it is definitely not going to make you poor.

In some cases, I think that even if you do possess a plan, you can still be financially crippled by gambling activities. Because betting is so unpredictable, it is hard to fully map out a watertight plan that could guarantee you economic buoyancy.

 

[SlotsMaster]

In some cases, I think that even if you do possess a plan, you can still be financially crippled by gambling activities. Because betting is so unpredictable, it is hard to fully map out a watertight plan that could guarantee you economic buoyancy.

Betting is very unpredictable and this is why it is always better to bet with an amount that you cannot afford to risk because it is a game that is full of risk and winning is not guaranteed even if you made a thorough forecast.

 

[Bigron]

Betting is very unpredictable and this is why it is always better to bet with an amount that you cannot afford to risk because it is a game that is full of risk and winning is not guaranteed even if you made a thorough forecast.

It is also really smart if one finds out the ways one can win a little bit consistently through methods such as arbitrage and matched betting. However, one should be careful in implementation because the betting companies can ban you with consummate ease.

 

[Julio88]

Betting has become a second nature among the youth in my country. With the advent of online sports betting, it is now pretty much easier for someone to get addicted to sport betting as things are pretty much easier to carry out on the internet.

I have couple of young guys over here who don't go to any other places than to sport betting shop hope it is some small amount of money which they are going to bet on sports betting to make huge amount. These guys are not doing any work to earn money but they believe in betting. I want to ask that can better make someone poor?

Without a shadow of a doubt, betting can easily make an individual lose all their finances, thus becoming poor. This occurs when one does not bet with the right expectations, and with huge amounts of money