A strategy cannot minimize the risks or prevent a gambler from bigger losses, but a strategy mostly makes a gambler have bigger losses, take martingale as an example. A gambler might not lose much if they keep their base bet intact and don't increase it, but if they go with martingale strategy and keep increasing the bet after every loss, they might end up losing all their capital in just 5 minutes or so if there is a long loss streak.
I say that because I have seen that happening to myself in the past, that is the reason why I don't recommend using strategies especially in chasing your losses because you might end up losing everything you have instead of recovering what has been lost.
slightly disagree with your statement that strategy cannot minimize risk or loss.I say that because I have seen that happening to myself in the past, that is the reason why I don't recommend using strategies especially in chasing your losses because you might end up losing everything you have instead of recovering what has been lost.
there are many types of strategies in gambling and you cannot think of martingale as the only strategy in gambling, but there are still strategies from the gambler himself to minimize losses or risks by controlling and committing without chasing defeat. well, I call this the gambler's strategy.
so there are still many ways to avoid losing too much at gambling, but it depends on how the strategy is to manage your money at gambling.
