is financial difficulties problem for gamblers ?

[swift]

The thing is that most gamblers actually make more money from gambling and some actually makes more money and others , there are some gamblers that actually sees gambling as a get rich quick scheme and some actually sees it as a different scheme of earning and investment too


Is financial difficulties problem for gamblers ?

 

[CR7]

Yes, financial difficulties can definitely be a problem for gamblers. While there may be some individuals who are successful in making money through gambling, the majority of gamblers actually lose money in the long run. This can lead to financial difficulties and even debt if one continues to gamble beyond their means.

Additionally, gambling can also have a negative impact on a person's overall financial picture. It can lead to a loss of savings, missed bill payments, and even bankruptcy in extreme cases. This is why it's important for individuals to gamble responsibly and within their means, and to seek help if they are struggling with a gambling addiction or financial difficulties related to their gambling habits.

 

[swift]

Yeah so many gamblers have found it difficult at one point in time , I think to some gamblers they are actually finding it hard financially , like it have not been so easy for them to just gamble and earn more money off just like that I think tho

 

[Kennysplash]

Many chronic gamblers soon find themselves in serious financial problems eventually. That is why it is not advisable for anyone to depend on it or gamble with money that they cannot afford to lose. It is not a pleasant sight.

 

[Hasan77]

The financial difficulties associated with problem gambling can have far-reaching effects on various aspects of a person's life. It may lead to strained relationships, family conflicts, loss of employment or income, legal issues, and a decline in overall well-being. Additionally, the stress and anxiety caused by financial problems can further exacerbate the addictive behavior and contribute to a vicious cycle of gambling to chase losses or alleviate emotional distress.

 

[Hannman]

I don't actually agree that most gamblers usually make more money from gambling. To me most gamblers are usually losing more money to gambling and only few gamblers are usually making more

 

[GamblingBoy]

Not all gamblers have issues of financial problems. Those that know how to technically plan their financial portfolio xdo not have financial problem issues. Because they tangible financial management put in place, all their finances are being taken care of. It only those with financial exuberance that are having financial difficulties. Those are the one that had engaging in gambling without financial control.

 

[ProGambler]

If a gambler consistently exceeds their budget or spends more money than they can afford to lose, it can lead to financial strain. Repeated losses without proper bankroll management can quickly accumulate and result in significant financial difficulties.

Chasing Losses: Some gamblers may attempt to recover their losses by continuing to gamble, hoping to win back the money they have lost. However, this behavior, known as "chasing losses," often leads to even more significant financial losses and a worsening of the financial situation.

 

[ProGambler]

I don't actually agree that most gamblers usually make more money from gambling. To me most gamblers are usually losing more money to gambling and only few gamblers are usually making more

Borrowing and Debt: When faced with financial losses, some gamblers may resort to borrowing money from friends, family, or financial institutions to fund their gambling activities. This can lead to mounting debt, high interest rates, strained relationships, and a cycle of financial hardship