Can Gambling Get You Out Of Debt?

Bisolami

Verified member
Gambling is one of the most risky activity that someone can ever engage in. I have seen cases where some people gamble with the last money they have on them with the hope that they will make profit from it and they will be able to get out of their debt but it always go wrong.

In moat cases, it does not go as planned. There are some people who become very lucky in gambling but it is very rare for you to see someone who is lucky. Any lucky person must have lost so much money into gambling before he wins a reasonable amount of money.

Also, the rate of loss in gambling is much more than the winning rate. This is why people tend to lose more money into gambling than winning from gambling. Trying to gamble so that you can get out of debt would have been a good idea but ot is very likely fir you to lose money so it is better to save the little money that you have or invest the money in a decent business that will yield profit sooner or later.

That seems to be the best idea of getting out of debt. I hope this helps anyone who wants to get out of debt.
 
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