Post
Topic
Board Gambling discussion
Re: Basic rules in gambling
by
tabas
on 30/06/2025, 10:58:41 UTC
This is also about knowing your financial status. Because if you've got a $10 limit and that seems a lot for you, you shouldn't be gambling with. It's only an example but in real matters, $10 is already a lot in some nations and to a person who can't keep up with this amount shouldn't spend his money for gambling. We have to understand how our status is financially. Because we can determine ourselves if we're able to gamble or not. So, big or small limits as long as this is not going to affect our finances, you're good to gamble but still do it in moderation.
$10 can be a small money or big money, it surely depends on the financial level of each individual. The point is to set a budget with a small percentage of our income, or it should the money that we can afford to lose. Gambling shouldn't bother our financial stability, the main purpose is for entertainment (fun) or it is for trying our luck only. We never try to gamble with the amount of money that can bring a bad impact on our financial stability.
That's right and the point is as long as it's affordable and the gambler can, they're free to gamble. But if this amount is a financial burden for them and it affects their expenses and their needs, better not to gamble at all.

This is also about knowing your financial status. Because if you've got a $10 limit and that seems a lot for you, you shouldn't be gambling with. It's only an example but in real matters, $10 is already a lot in some nations and to a person who can't keep up with this amount shouldn't spend his money for gambling. We have to understand how our status is financially. Because we can determine ourselves if we're able to gamble or not. So, big or small limits as long as this is not going to affect our finances, you're good to gamble but still do it in moderation.
That's right, it seems like maybe 1-2% of your monthly income should be your budget in gambling.
I think that amount is enough and can't hurt your pocket if it loses.

If your 1-2% the supposed budget in gambling didn't reach $10.
Then, I think gambling isn't for you, IMO.  Grin

People must understand that if you are in a lower-class financial situation, gambling is not for you.
However, the sad fact is that those in lower-class circumstances are more involved in gambling.
1%-2% is fine and that won't be hurting our pockets. But if that person exceeds to an amount that's not acceptable to them, they need to rethink before gambling again. Any amount that's loss, should be considered lost forever and there should be no regret with that.