What are the dangers of betting?

[kayode10]

Betting is very common over here in my country especially among the youth. the reason is not far-fetched as the economic situation of the country is very hard for the majority of the people. high rate of unemployment couple with the overpopulation has forced a lot of people to engage in betting.

We all know that there is nothing in this life which has positive only. I have seen a lot of people who are engaging a sport betting on premiership matches. I know some who are also playing virtual betting in order to win instant money to cater for their needs. So what are the disadvantages of betting?

 

[Btaliat]

There are many disadvantages of betting. The betting is capable of making someone finacial reckless. Aside this, it makes people to look irresponsible. This is because depending on the country, especially in Africa, punters are seen as people with no direction.

 

[Hannman]

The first and most worrisome danger of betting is getting addicted to it. The word 'only play with the amount you can afford to lose' will not even enter your ear when you've be com addicted to betting or gambling. Don't give more than 30% of your life to betting because betting can destroy your life if you give more than that

 

[Btaliat]

Apart from the fact that it drains financial sources of the addicted players, it also allows the societal to be suspicious about the player. Since they hardly know the source of income of many punters, they always see them as criminals.

 

[WinJonny]

Perhaps the most concerning risk of betting is developing an addiction. When you are dependent on betting or gambling, the phrase "only play with the amount you can afford to lose" won't even cross your mind. Don't devote more than 30percent of the overall of your life to gambling because if you do, it will ruin your life.

 

[Btaliat]

Perhaps the most concerning risk of betting is developing an addiction. When you are dependent on betting or gambling, the phrase "only play with the amount you can afford to lose" won't even cross your mind. Don't devote more than 30percent of the overall of your life to gambling because if you do, it will ruin your life.

There are some people that have depended so much on betting. They don't really take caution or try to limit the way they spend money on betting. These are set of people that always see betting as being too risky.

 

[Samuel purpose]

There are lots of dangers in betting something like there some Problem gamblers may start to borrow – or even steal – money to continue gambling. As their financial situation worsens, the consequences become more serious and may include overdue bills, pawning personal property, taking out payday loans and racking up credit card debts.

 

[Btaliat]

Some have really become irresponsible because of betting. They cannot provide the necessary things for families. Average punter is likely to be an addict which may find themselves betting more than taking care of family.

 

[Sike_lottery]

Some have really become irresponsible because of betting. They cannot provide the necessary things for families. Average punter is likely to be an addict which may find themselves betting more than taking care of family.

There are plethora of people who have become utterly useless due to betting but they are not doing it with sense because you will need to project the amount to spend if you are a real gambler.

 

[Btaliat]

There are plethora of people who have become utterly useless due to betting but they are not doing it with sense because you will need to project the amount to spend if you are a real gambler.

It's better to have the budgeted amount for betting. We will now decide never to spend more than the budgeted amount no matter how much we are threatened. Truly there will be huge that we need to resist.

 

[Sike_lottery]

It's better to have the budgeted amount for betting. We will now decide never to spend more than the budgeted amount no matter how much we are threatened. Truly there will be huge that we need to resist.

It is better to budget the money we want to spend on any game so that we will not be betting at random and we should manage the Bankroll in such a way that it will make us remain in the bet for a long time.

 

[Btaliat]

It is better to budget the money we want to spend on any game so that we will not be betting at random and we should manage the Bankroll in such a way that it will make us remain in the bet for a long time.

What I do most time is that I keep the money that I don't want to use on betting with friends. They will be the ones that will keep those money for me. I will warn then never to give me the money no matter how much I beg them.

 

[Sike_lottery]

What I do most time is that I keep the money that I don't want to use on betting with friends. They will be the ones that will keep those money for me. I will warn then never to give me the money no matter how much I beg them.

This is a very good gesture. Managing your bankroll if you are a gambler is very important because it is the best risk management strategy that you can ever embarked upon while playing the casino games.

 

[Ajebo25]

There's no danger in betting other than the fear of losing your stake, another thing to be afraid of when engaging in gambling is gambling addiction which is one of the greatest addictions hard to get rid of once you become addicted.

 

[Julio88]

The main danger of betting in sports is the frequent losses that come along with the venture as a risk. There is also the possibility of getting addicted to such an activity while trying to chase a loss