Gambling, Sport Betting: Surefire paths to financial ruin

We cannot fully cover money and banking without touching on various ways to lose money
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BigCh1ld
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Wonder why China and some other nations insist on outlawing gambling? Do you know all the evils of gambling? Do you how many lives, especially of youths ruined by gambling such as sports betting? Only the gamblers can answer these questions, because they know, deep inside.

Know this: Gambling (in all its forms: sports betting, Baba Ijebu, Tete Oriire etc) is a surefire path to financial apocalypse, financial ruin!
sport betting.jpg
Why?
There's a saying in the gambling world that:

THE HOUSE ALWAYS WINS.


The fact is that in gambling, the odds are always against the player. So, before you make any meaningful money, you must have lost so much. And before 1 person out of 1 million wins something meaningful, know that over 1 million people have lost fortunes.

Now, what assurance do you have that you are that lucky one in a million individuals?

Below are reasons to stay far far away from Gambling.

PROBLEM: COMPULSIVE GAMBLING, OR GAMBLING DISORDER

Symptoms
Signs and symptoms of compulsive gambling (gambling disorder) can include:

* Being preoccupied with gambling, such as constantly planning gambling activities and how to get more gambling money
* Needing to gamble with increasing amounts of money to get the same thrill
* Trying to control, cut back or stop gambling, without success
* Feeling restless or irritable when you try to cut down on gambling
* Gambling to escape problems or relieve feelings of helplessness, guilt, anxiety or depression
*Trying to get back lost money by gambling more (chasing losses)
* Lying to family members or others to hide the extent of your gambling
* Risking or losing important relationships, a job, or school or work opportunities because of gambling
* Asking others to bail you out of financial trouble because you gambled money away

What can come out of this?

Complications
Compulsive gambling can have profound and long-lasting consequences for your life, such as:

Relationship problems
Financial problems, including bankruptcy
Legal problems or imprisonment
Poor work performance or job loss
Poor general health
Suicide, suicide attempts or suicidal thoughts

It's better never to start gambling. Because getting out is harder than people think.

READ MORE:
1. The Dangers Of Gambling And Sports Betting
2. How To Stop Gambling Addiction And Betting Losses
3. How To Permanently Quit Football Betting And Gambling

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Kiss
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#2

 

Thank you for the warning

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Jared
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#3

 

Gambling and football betting has destroyed many people. That's why Nigeria government needs to regulate betting companies better.
Financial Literacy is the possession of knowledge, skills and behavioral traits that help an individual make informed decisions regarding money. đź’°


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Jared
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#5

 

Very true. Run!!!
Financial Literacy is the possession of knowledge, skills and behavioral traits that help an individual make informed decisions regarding money. đź’°





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