Playing Debt Is Gambling With Debt

No matter which way you look at debt, it is still debt. However, unlike the more conventional impression of debt being something that happened as a result of mortgage loan, car payment or credit card usage, playing debt is unique. The number one difference here is the provocation to continue playing, hoping hitting PG Slot the big one and then pay off all that debt accumulated due to playing in the first place. The fact is, the odds are definitely stacked against anyone accomplishing this goal.

In a similar way, those who continually run up credit card debt buying clothes, furniture and other electronic gadgets will never find themselves out of debt. If there is any hope of them one day having to leave debt, the first thing they need to do is stop over-spending. In like manner, it’s this that the gambler must also do. The doctor has to stop playing in order to truly solve their debt problem.

Unfortunately, unlike those who spend some money in order to have things, the gambler talks about their playing in a different light. If they have lost money bets on horses or at the casino, they often times think that their luck is about to change. All they need is that one big jackpot and they’ll then be living on easy street. They often times encourage themselves that all their efforts to win are about to pay off, so they really continue to go deeper into debt playing.

As is often the case, the individual begins their playing problem in a small way. It usually starts with buying lotto tickets, playing bingo or placing table bets with co-workers on their favorite sports team. Even though they lose more often than they win, the euphoria that overtakes them every time they do win compels them to in the levels in their playing adventure. They soon begin visiting the race track, bets on horses or dogs, or they make the trip to the local casino for a little slot machine game fun. The bottom line here: realize lose more than they win back and the debt begins to grow.

Even though they fully recognize the debt they are getting themselves into, they still believe they will one day win the big compensation and will be able to get out of the debt mess they are currently in.

Another area of this dilemma is purely psychological. Because no one wants to feel stupid or made a fool of by others for their predisposition to waste money playing, they often times rationalize their actions by making themselves believe that they’re going to beat the odds and sooner or later hitting the big win will have made it all worthwhile.

The playing industry doesn’t make it any easier with mottos such as “Lotto does good things” and “If you are not in it, you can’t win it”. It can make the continuous gambler think that, even if they continue to lose, at least they are ‘contributing’ to a good cause that benefits the city.

Even though this all makes sense, in the heart of the gambler they know they have a problem. They know that the casinos and other forms of playing wouldn’t be in business for an extended time if they lost more money than they won. The odds are clearly in favor of the playing industry and the gambler naturally knows this.

However, one of the cruelest things to happen to any gambler is to see the occasional big winner. That is often enough to keep them playing the game, hoping that they’re going to function as the next big winner. Actually, the very small amounts of instant millionaire jackpot winners are only being used by the playing industry to keep all of those other bettors going for broke.

The reality is this: in order to get out of playing debt, the gambler must forsake one dream for another dream. Instead of thinking about hitting the big jackpot and finding yourself on easy street, the gambler needs to come to in conclusion that the chances are clearly stacked against him, and this will never happen.

Accept that you will never realize a cash in on all the playing. Admit to yourself that, even if you did win something, you will always lose it back so that they can win even more. The bottom line is, as long as you believe you can see a cash in on playing, you will not stop.

Set out to become knowledgeable by reading books that reveal the truth statistics of the game to understand that no one can truly beat the casinos in the long run. You could even research the lives of those that have hit the lotto and see how their lives have proved. You will soon discover that most of them are miserable, often suffering from depression, divorce, drugs or alcohol, not able to properly manage their unexpected wealth, soon can be found less well off than in the past, their self esteem gone as well.

The next phase is to cease playing in all its forms. It may need you to request being banned from casinos and race tracks. You will also benefit by canceling any accounts with a bookie or other sources of playing. It will likewise mean you need to stop bets with friends and co-workers on potential outcomes of sports matches. You will even need to stop purchasing that occasional lottery ticket, even when it is at a new record amount.

By doing so, you can now use that money you’re paying for playing to start having to leave debt. Instead of thinking that you can profit the machine by winning the jackpot and then settling your debts, take that mindset and apply it towards really winning the big one by settling your debts the right way. When you are happy to get out of debt through hard work and discipline, only then will you truly function as the winner!

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