Quote from: goldkingcoiner on March 01, 2024, 06:20:15 AM

Quote from: Richbased on January 28, 2024, 03:44:44 PM

Gambling though is a risky game that the chances of winning and losing is in equilibrium but however in other for one to have a possibility of winning, it requires a steady income.

Having a steady and regular income is very important as a gambler because it would enable you to scrap out money you should use for gambling, feeding, taking care of yourself and family and other miscellaneous.

A gambler who has a steady and regular income can have the possibility of winning because his gambling habit can not affect his personal obligations as a man even if he's an addict because being addicted to gambling doesn't actually implies that one will eventually stake all his money on bets but rather someone who plays gambling frequently. By having a steady income, he can take care of other life responsibilities without being affected by his gambling activities and moreover, someone who have a stable income can be aiming to win higher amount in his bets and might be lucky of winning one day and use the money to establish an investment.

Your thoughts on this

Obviously a steady income is important. Otherwise you would be gambling money that you really need until you find another income source and that might be very troublesome once you realize you do not have the money for material necessities. But it is just as important to have the discipline not to gamble everything away. Otherwise you would come to the same conclusion as with gambling without an income source.

If you think about it, either way it is a question of discipline. How much self-control do you have?

If it was possible and easy to check, then only individuals with a steady income should be allowed to gamble. This is because having a steady income is crucial in the life of a gambler. Steady income serves as a shield against problem gambling. When a gambler does not have a steady income he might gamble with money meant for payment of important bills. This can jeopardize the gambler`s financial well-being and put him at risk of not being able to afford necessities. This can create a cycle of financial hardship and instability that will be difficult to break out of.

Even with a steady income, self-control and discipline are still paramount for a gambler as it will aid the gambler to manage his finances effectively. Without these qualities, a gambler may find himself in precarious situations where he risks his financial stability by gambling with essential funds. By exercising self-discipline and making responsible choices about money management, a gambler can secure his financial future and avoid unnecessary risks.