There are people who are hasty in criticizing people losing money to gambling, stating it to be a big financial mistake. Gambling could be a financial mistake, but that will be only when you are gambling irresponsibly. Gamblers who are gambling responsibly and not intentionally gambling for money making can still make money in the process, a life changing amount in some few cases.
People who are on the side of criticism, and using their money for other purposes, still fun but no potential of them to make money from it could be said to be the ones making the financial mistake. What do you think?
It depends on what exactly they’re using their spare money for. If it’s on drugs or alcohol, then maybe gambling’s the better option, right? But drugs and alcohol aren’t the only bad ways to spend your money. So, in short, if gambling entertains you, I think it’s a fine way to spend your extra cash.
Extra cash only. Because gambling can also be an expensive habit once you are hooked on it. It's actually more expensive than drugs and alcohol. You can be spending $200 - $500 per day, and it's just by betting on the minimum amount of $0.1. A gambling addict could even go farther than that. Alcohol could make a person sleep by drinking too much, while gambling might make a person stay awake by chasing his losses, and it's going to eat more money as he goes on.
Let's remember to keep gambling responsibly and in moderation so that we will not end up regretting what we have done.