Untamed gambling habits can ruin people, I don’t know how athletes who are earning good sum of money engage in gambling that can cost them their entire career.
But I believe it is not proven yet, I am just assuming. Let’s give him the benefit of the doubt for now.

For me, being rich means having freedom like being able to do what you want, enjoy time with your family and not stress about money.

if you define being rich as just having a lot of money but you can't even enjoy it or spend it freely, then what’s the point?

Some people have all the money but live in fear, can’t walk around alone, always worried about getting robbed.
That’s not real freedom, and honestly, I don’t consider that truly being rich.

If anyone don't understand this basic thing such as budgeting then they should not be in business or have anything to do with finance. OP you did a good job but have honestly post like this are basic, this type of post will have a good fitting for  beginners and help. This is a vast forum and the economy board of the forum talking about very basic thing like this that is obvious as day light is a bit cringe.

Hearing testimonies from different sources, I can only conclude that "You don’t need to be rich to invest, but you need to invest to be rich." Riches aside, investment can increase your financial freedom, but the problem with most people is procrastination, they want this BIG capital to invest, but it is not like that.

From real estate, stocks to crypto, we have seen people buying their assets that were deem worthless, but suddenly became their source of wealth. I remember someone who couldn't afford a land at the city center but wanted to invest. He bought it at a rural area where he could buy over 1 acre. Not long after, the government decided to build a Federal university in that locality. Right now, a plot of land there can buy a plot of land in the city center that he couldn't afford, that is the power of investing.

It mustn't be convenient, it mustn't be in thousands of dollars, a little that is being consistent about and carefully thought through could make that wealth. Start investing today.

Btw, example with alcohol legalization, restriction and ban are great examples that all those methods dont work as a solution for addiction. There are countries where alcohol is forbidden, yet people still find where to buy it. Selling alcohol after 8 or 10 in the evening is forbidden, yet people still manage to buy it or drink from supplies.

Anyway, even though alcohol drinkers are more than gamblers, I find gambling more dangerous because its harder to spot addicted gambler and more harder to convince him to treatment. I also think that treatment from gambling is a much longer process.

You are too excited thats why you can not sleep.peacefully but I am not accepted taht you can not  win all the ti.e so many a time we might be loser and it also cant asured us that we might be a gainer but we can spend them wether on the wrong way or not

There are different types of gamblers depending on what they play. Some gamblers are rounded and play all kinds of types possible but there are those who only stick with one type.

For example, one could just play slots while one just sports betting. My question would be which one do you think is more addicting? Slot machines are more rapid and you can play it more consecutively because it is fast unlike sports betting where matches take time. You might get addicted on sports betting more if you enjoy analyzing things and winning it might give you some pride for your skills. Not to mention that if you are a fan of the sport you are betting on, surely you are emotionally invested in the sport therefore would want to follow it and bet on it many times.

Now, what is more addicting? Slots or sports betting?

Usually, people bet on the favourite team even though the odds are low, thinking that the chances of winning are higher. Sometimes, betting on the underdog requires courage, even though you have to enjoy yourself.

Chelsea is the underdog with odds of 5.00
PSG is the favourite with odds of 1.78

Which team is more likely to win? Most of you would probably say PSG, right?

But in any bet, nothing is certain. Perhaps the bold fans will bet on the underdog.

Most of the posts I have come across here in the gambling section has always centered on negativity about gambling. If it's not about gambling making someone go broke, it will be about one negativity or the other. Sometimes reading the comments in those posts scares me, because of how some people describe their horrifying gambling experiences. This made me to come up with this post to ask this important question; Is gambling really that bad? Are there no good effects of gambling on people? Gambling can't just be all bad all the time. Well if you think it's all bad, why are you still gambling?

Here are some information am able to gather after going through a search on the most gambling countries in Africa, am surprised at what i saw, to my greatest surprise, Nigeria being the least among other countries in Africa being listed, when i thought in terms of population and the likes should be the lead, many other underdeveloped countries and having more severe economy problem to have made their citizen found gambling as an alternative to livelihood, because i expected that Nigeria should still leading, which means, in Africa, We are far more better in many aspect.

https://www.geopoll.com/blog/report-betting-in-africa-2024/

Why is it that alcohol ads are everywhere and they are easily bought in stores nationwide with only a warning of only drinking moderately and yet gambling is not allowed to be the same?

In roads, there are ads of alcohol. Where funnily enough is you shouldn't drink in. While driving. But still there are big ads and multiple ones in roads about alcohol and the warning that says Drink Responsibly. Does that one warning make it safer?

Why can't we just do the same with gambling? Alcohol consumption is extremely risky not only to the person consuming it but to the people around him. There have been so many cases of crimes due to alcohol consumption. Many people's health destroyed. So what makes it ok for alcohol ads to continue in public but not gambling?

Keeping yourself educated is the most important thing, every other thing is inclusive in this...if you keep yourself educated you'd know how to use your device properly and the things you should avoid in order not to get scammed..scammers use ads to defraud gullible people, its not wise to click on every add that pops up on your screen especially the ones that would direct you to a site asking for your personal information, some are even bugs that can get info your device.

Earning money is hard, saving money is damn hard, getting rich and being able to live comfortably is insane.

For me saving just for short term, you can't earn anything and your wealth will decrease over time. People have to take big risk if they want to be rich, if they only take some risk or little risk, it's not enough.

What does big risk mean? it's a risk where you can lost all of the money you invest e.g. start a business, invest in new thing etc.

1. Secure your accounts:
Use strong, unique passwords:
Create passwords that are difficult to guess and use a different password for each online account. Consider using a password manager to help generate and store strong passwords.
Enable two-factor authentication (2FA):
2FA adds an extra layer of security by requiring a second form of verification, such as a code sent to your phone, in addition to your password when logging into accounts.
Review your privacy settings:
Regularly review and adjust your privacy settings on social media and other online platforms to limit the amount of personal information available to others.
2. Protect your devices and network:
Keep your software updated:
Ensure your operating system, web browsers, and other software are up to date, as updates often include security patches that address vulnerabilities.
Use security software:
Install and maintain reputable antivirus and anti-malware software to help protect your devices from malicious software.
Secure your Wi-Fi network:
Use a strong password for your Wi-Fi network and consider enabling encryption to prevent unauthorized access.
Be cautious on public Wi-Fi:
Avoid accessing sensitive accounts, like banking or email, on public Wi-Fi networks, as they may not be secure.
3. Be wary of scams:
Be skeptical of unsolicited messages:
Scammers often use email, text messages, or social media to try to trick you into revealing personal information or clicking on malicious links.
Don't click on suspicious links:
Never click on links in unsolicited messages or emails, especially if they ask for personal information or prompt you to download something.
Verify the sender:
If you receive a message that appears to be from a legitimate organization, such as your bank or a retailer, take the time to verify the sender's identity by contacting them directly through a known and trusted channel.
Be cautious of urgent requests:
Scammers often try to create a sense of urgency to pressure you into making a quick decision without thinking carefully.
Be wary of requests for money:
Be extremely cautious of any online requests for money, especially if they involve unusual payment methods or are unsolicited.
Report scams:
If you encounter a scam, report it to the appropriate authorities, such as the Federal Trade Commission (.gov) or your local law enforcement.
4. Educate yourself:
Stay informed about common scams:
Keep up-to-date on the latest scams and fraud schemes to better recognize and avoid them.
Learn how to spot phishing attempts:
Understand the tactics scammers use to try to trick you into revealing your information, such as using fake emails or websites.

Too much of everything is bad, and good that you are able to put yourself uncheck, btw what about your friend do you also check to see how far the same negative effect of too much gambling have affected him?

Try and check on him to know his current state and to see if he be needing your help as well, because if your friend is already addicted to gambling and hasn't make up their mind to quite, they still will pause a great risk to you keeping them around.

I came across news that there’s a senator pushing to ban gambling in our country.

So I’d like to ask fellow gamblers here, do you think this move is justified? Or is it too harsh?

We all know that gambling is addictive by nature. No matter our financial status, anyone can fall into addiction. But is banning it entirely really the only solution?
And what could be the possible consequences if gambling were banned in a country? Can you share some thoughts or examples?

Let’s have an open discussion ...