Are most gamblers in debt?

[uptrendfinancialsignal]

Sadly, really lots of players are having debts. Being hungry to chase losses and putting bets beyond their limits will only get them more tangled up into financial problems. Responsible gambling and budgeting could have helped such people. I don't allow gambling to ruin your life, rather, I try to control my budget.

 

[Bawse]

I think most gamblers lose money in the long run. Poker is the only form of gambling that is beatable in my opinion.

 

[Cpvr]

Some gamblers don’t know when to stop when they’re ahead, so they continue to bet.

I believe a lot of them are in debt. They get used to winning big and think they can do it all the time, so then losses pile up.

This happens a lot when people bet millions of dollars on sports events.