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Topic: Do you set up limits for yourself? - page 62. (Read 16627 times)

legendary
Activity: 3052
Merit: 1281
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July 20, 2017, 07:08:47 PM
I do set up limits for myself especially when it comes to gambling.  I always make sure that I only play with the money that i can afford to lose.  And even with that I tried to limit it to lower amount so that I can have reserve if I wanted to play again.  It is quite hard and needs a lot of self control since gambling is entertaining and our mind wanted to have more of the game.
hero member
Activity: 770
Merit: 500
July 20, 2017, 06:59:08 PM
I usually set a limit on the money used to gamble. So If I will lose the amount in use then I will stop playing, even though there is still a sense of wanting to play again
You have a good control on your mood of gambling if every person will have that type of control on himself then he will not lose his money in gambling but he will determine that what time is better for him and at what time he have to continue and what time is not better and he have to stop from gambling it will make him more secure for his life.
hero member
Activity: 3150
Merit: 636
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July 20, 2017, 05:50:29 PM
I usually set a limit on the money used to gamble. So If I will lose the amount in use then I will stop playing, even though there is still a sense of wanting to play again

Normal way of setting limit is this strategy.

I've been setting up with higher amounts before but I find it tempting and I've been losing more money.

But when I was able to reduce the amount, losses was being controlled.
hero member
Activity: 910
Merit: 500
July 20, 2017, 12:20:35 PM
Since if you keep gambling you will eventually lose because of the house edge it becomes very important to set a limit to stop before that happens. After a big win it is best to stop and enjoy your earnings. To continue is possible but a huge risk. Sometimes huge risks pay off.
that could be right, we need to put limits in our game to prevent a massive lose of our money, we need to do that because when we get greedy in the game we cant control easily the emotions that we will be felt during the game so in order for us to do that we must put a limit in our game, it will be good as long as we have a self control.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
July 20, 2017, 11:50:28 AM
Hi guys!
We all know that gambling is not only a fun but also potential danger. So are you limiting yourself somehow when gambling? DO you use casino's instruments to prevent you spending more money?
Or do you just limit yourself by setting a certain amount of money to spend? Or you don't limit yourself at all?
Thanks for sharing!
Cheers,
Yours OshiHugo, Oshi.io CM
My strategy is simple I only deposit in the casino the amount I’m willing to lose for that day, If I lose then I will stop gambling, if at the end of the session there is still money there then I’m going to use that, and only that, the next time I want to gamble.
You also have to limit out your timing in gambling as if you will not limit out your time then a day will come when you will continue to gamble with your limited money and if you will lucky then that money will not be finished but the day will be finished and you will not be able to perform other activities of the day. So better is that with limiting your budget for gambling you also need to limit your time for gambling to gamble as entertainment purpose.
You are right on that but to be honest that is quite rare, with experience and the limits that you impose yourself you will know more or less the amount of time that it will take you to lose your money in a casino, sometimes as you state things will be different but at that time you will probably be tired already of gambling and you will want to do something else.
legendary
Activity: 1176
Merit: 1024
July 20, 2017, 03:17:24 AM
Since if you keep gambling you will eventually lose because of the house edge it becomes very important to set a limit to stop before that happens. After a big win it is best to stop and enjoy your earnings. To continue is possible but a huge risk. Sometimes huge risks pay off.

Continuous gambling will you need most of the time in losses. But for experienced gamblers it is also a way to recover their losses. For example they are doing martingale strategy and that isn't working effectively for just a short of time until they recover it for a long time. Continuous has certainly a big risk just gamble what you afford to lose and setting up an exact amount is the best.
Unfortunately martingale strategy is known for losing all the money in long run. So, there will be no profitable approach in continuing gambling for longer duration along with martingale strategy for any purpose like recovering losses or multiplying profits, both might lead to losses eventually.

Setting up some limit will never let a gambler to continue for any reason. They need to come back next day for their purpose of recovering losses/multiplying profits.

In your new day things might happen differently, that must be the big advantage of setting up limit.
legendary
Activity: 1316
Merit: 1011
July 20, 2017, 03:12:52 AM
I definitely limit myself. There is a limit on the amount of money I need to spend in each day. For me gambling is a pleasure, so no problem when I run out of money on that day. Because in principle I will stop playing gambling when I've crossed a predetermined limit.

I agree with that, every gambler must limit themselves in playing. Setting an amount to use for gambling is a good way of limiting yourself and it also helps in preventing you from getting addicted in the game. Spending money seems quite easy for those who can afford betting large amount and losing money in gambling but for people like me, who are trying to earn money on our own, losing money in gambling is like losing a trunk of gold already.

Playing gambling is really exciting and very fun but I just can’t afford losing my money on gambling.


Its easy to set amount to use for gambling when you are only gambling for fun but for those who are addicted to it will have hard time since they need to get back the money they have lost. Other people wants to gamble because they think they can easily get money out of it but the truth it they are putting their money at stake because in gambling no one knows if you will win or not. Its a good thing that you are staying away from gambling since you don't want to lose your hard earned money.

Yes in gambling we can not guess who will win and who will lose. It's all depends on our luck. So you are not ready to lose money in gambling, and you can not afford that loss best you can stay away from this gambling, this is the good solution for this problem. If you want to play gambling you must afford this loss, playing with much needed money it's wrong you will hurt a lot after losing that money.
hero member
Activity: 735
Merit: 500
July 20, 2017, 02:30:43 AM
I usually set a limit on the money used to gamble. So If I will lose the amount in use then I will stop playing, even though there is still a sense of wanting to play again
sr. member
Activity: 308
Merit: 250
July 20, 2017, 01:54:22 AM
I definitely limit myself. There is a limit on the amount of money I need to spend in each day. For me gambling is a pleasure, so no problem when I run out of money on that day. Because in principle I will stop playing gambling when I've crossed a predetermined limit.

I agree with that, every gambler must limit themselves in playing. Setting an amount to use for gambling is a good way of limiting yourself and it also helps in preventing you from getting addicted in the game. Spending money seems quite easy for those who can afford betting large amount and losing money in gambling but for people like me, who are trying to earn money on our own, losing money in gambling is like losing a trunk of gold already.

Playing gambling is really exciting and very fun but I just can’t afford losing my money on gambling.


Its easy to set amount to use for gambling when you are only gambling for fun but for those who are addicted to it will have hard time since they need to get back the money they have lost. Other people wants to gamble because they think they can easily get money out of it but the truth it they are putting their money at stake because in gambling no one knows if you will win or not. Its a good thing that you are staying away from gambling since you don't want to lose your hard earned money.
sr. member
Activity: 490
Merit: 262
privacy preserving smart contracts and beyond
July 19, 2017, 10:49:18 PM
I definitely limit myself. There is a limit on the amount of money I need to spend in each day. For me gambling is a pleasure, so no problem when I run out of money on that day. Because in principle I will stop playing gambling when I've crossed a predetermined limit.

I agree with that, every gambler must limit themselves in playing. Setting an amount to use for gambling is a good way of limiting yourself and it also helps in preventing you from getting addicted in the game. Spending money seems quite easy for those who can afford betting large amount and losing money in gambling but for people like me, who are trying to earn money on our own, losing money in gambling is like losing a trunk of gold already.

Playing gambling is really exciting and very fun but I just can’t afford losing my money on gambling.
hero member
Activity: 2646
Merit: 584
Payment Gateway Allows Recurring Payments
July 19, 2017, 09:54:49 PM
Since if you keep gambling you will eventually lose because of the house edge it becomes very important to set a limit to stop before that happens. After a big win it is best to stop and enjoy your earnings. To continue is possible but a huge risk. Sometimes huge risks pay off.

Continuous gambling will you need most of the time in losses. But for experienced gamblers it is also a way to recover their losses. For example they are doing martingale strategy and that isn't working effectively for just a short of time until they recover it for a long time. Continuous has certainly a big risk just gamble what you afford to lose and setting up an exact amount is the best.
legendary
Activity: 1148
Merit: 1097
Bounty Mngr & Article Writer https://goo.gl/p4Agsh
July 19, 2017, 08:45:45 PM
Hi guys!
We all know that gambling is not only a fun but also potential danger. So are you limiting yourself somehow when gambling? DO you use casino's instruments to prevent you spending more money?
Or do you just limit yourself by setting a certain amount of money to spend? Or you don't limit yourself at all?
Thanks for sharing!
Cheers,
Yours OshiHugo, Oshi.io CM
My strategy is simple I only deposit in the casino the amount I’m willing to lose for that day, If I lose then I will stop gambling, if at the end of the session there is still money there then I’m going to use that, and only that, the next time I want to gamble.

That's the best strategy, that is also what I do. So that I don't over spend in gambling I also just set a limit of something like 10mbtc to play with in any casino.
Sometimes people get bankrupt because they don't set limits to their gambling habits and that results to huge losses because they chase their losses.
exactly those who doesn't know how to control and put limitations with their gambling activity will ruin their money because every time they lose
they will try to win it back and it will turned to much bigger risk so doing or setting limitations will help you to avoid this mistakes.
I agree. If someone lose big time with gambling, they tend to give it their all in order to win back all they have lost. Setting your limitations when it comes to gambling is must for you not to lose everything that you have. And I could give an advice to gamblers out there, it would be to set their limitations and risk a little so they don't lose big.
First of all, an ordinary gambler or an occasional player would just play their amounts to what they can afford to lose. If someone lost a big bet that they are not ready to lose yet, then that's probably a YOLO bet or just some stupid thing that he did because he risked it all. What can you do when that's happening in front of you? You would think that he would lose it and be crazy because that's hard that's why it's important to limit yourself to your games.
Set limits and know your ability or what the situation says, sometimes even we doesn't win much in one day and know that its not the day to play since we already lose in many rounds we still keep on playing even we can play in some other time. Sometimes we just need to have that idea that moreoften winning depends on luck on that day. Set limits and learn from experiences.
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
July 19, 2017, 07:40:45 PM
Hi guys!
We all know that gambling is not only a fun but also potential danger. So are you limiting yourself somehow when gambling? DO you use casino's instruments to prevent you spending more money?
Or do you just limit yourself by setting a certain amount of money to spend? Or you don't limit yourself at all?
Thanks for sharing!
Cheers,
Yours OshiHugo, Oshi.io CM
My strategy is simple I only deposit in the casino the amount I’m willing to lose for that day, If I lose then I will stop gambling, if at the end of the session there is still money there then I’m going to use that, and only that, the next time I want to gamble.

That's the best strategy, that is also what I do. So that I don't over spend in gambling I also just set a limit of something like 10mbtc to play with in any casino.
Sometimes people get bankrupt because they don't set limits to their gambling habits and that results to huge losses because they chase their losses.
exactly those who doesn't know how to control and put limitations with their gambling activity will ruin their money because every time they lose
they will try to win it back and it will turned to much bigger risk so doing or setting limitations will help you to avoid this mistakes.
I agree. If someone lose big time with gambling, they tend to give it their all in order to win back all they have lost. Setting your limitations when it comes to gambling is must for you not to lose everything that you have. And I could give an advice to gamblers out there, it would be to set their limitations and risk a little so they don't lose big.
First of all, an ordinary gambler or an occasional player would just play their amounts to what they can afford to lose. If someone lost a big bet that they are not ready to lose yet, then that's probably a YOLO bet or just some stupid thing that he did because he risked it all. What can you do when that's happening in front of you? You would think that he would lose it and be crazy because that's hard that's why it's important to limit yourself to your games.
sr. member
Activity: 630
Merit: 250
July 19, 2017, 07:19:45 PM
Hi guys!
We all know that gambling is not only a fun but also potential danger. So are you limiting yourself somehow when gambling? DO you use casino's instruments to prevent you spending more money?
Or do you just limit yourself by setting a certain amount of money to spend? Or you don't limit yourself at all?
Thanks for sharing!
Cheers,
Yours OshiHugo, Oshi.io CM
My strategy is simple I only deposit in the casino the amount I’m willing to lose for that day, If I lose then I will stop gambling, if at the end of the session there is still money there then I’m going to use that, and only that, the next time I want to gamble.

That's the best strategy, that is also what I do. So that I don't over spend in gambling I also just set a limit of something like 10mbtc to play with in any casino.
Sometimes people get bankrupt because they don't set limits to their gambling habits and that results to huge losses because they chase their losses.
exactly those who doesn't know how to control and put limitations with their gambling activity will ruin their money because every time they lose
they will try to win it back and it will turned to much bigger risk so doing or setting limitations will help you to avoid this mistakes.
I agree. If someone lose big time with gambling, they tend to give it their all in order to win back all they have lost. Setting your limitations when it comes to gambling is must for you not to lose everything that you have. And I could give an advice to gamblers out there, it would be to set their limitations and risk a little so they don't lose big.
hero member
Activity: 756
Merit: 500
July 19, 2017, 07:14:43 PM
Hi guys!
We all know that gambling is not only a fun but also potential danger. So are you limiting yourself somehow when gambling? DO you use casino's instruments to prevent you spending more money?
Or do you just limit yourself by setting a certain amount of money to spend? Or you don't limit yourself at all?
Thanks for sharing!
Cheers,
Yours OshiHugo, Oshi.io CM
My strategy is simple I only deposit in the casino the amount I’m willing to lose for that day, If I lose then I will stop gambling, if at the end of the session there is still money there then I’m going to use that, and only that, the next time I want to gamble.

That's the best strategy, that is also what I do. So that I don't over spend in gambling I also just set a limit of something like 10mbtc to play with in any casino.
Sometimes people get bankrupt because they don't set limits to their gambling habits and that results to huge losses because they chase their losses.
exactly those who doesn't know how to control and put limitations with their gambling activity will ruin their money because every time they lose
they will try to win it back and it will turned to much bigger risk so doing or setting limitations will help you to avoid this mistakes.
hero member
Activity: 770
Merit: 500
July 19, 2017, 06:45:09 PM
Hi guys!
We all know that gambling is not only a fun but also potential danger. So are you limiting yourself somehow when gambling? DO you use casino's instruments to prevent you spending more money?
Or do you just limit yourself by setting a certain amount of money to spend? Or you don't limit yourself at all?
Thanks for sharing!
Cheers,
Yours OshiHugo, Oshi.io CM
My strategy is simple I only deposit in the casino the amount I’m willing to lose for that day, If I lose then I will stop gambling, if at the end of the session there is still money there then I’m going to use that, and only that, the next time I want to gamble.
You also have to limit out your timing in gambling as if you will not limit out your time then a day will come when you will continue to gamble with your limited money and if you will lucky then that money will not be finished but the day will be finished and you will not be able to perform other activities of the day. So better is that with limiting your budget for gambling you also need to limit your time for gambling to gamble as entertainment purpose.
hero member
Activity: 896
Merit: 514
July 19, 2017, 06:28:38 PM
Hi guys!
We all know that gambling is not only a fun but also potential danger. So are you limiting yourself somehow when gambling? DO you use casino's instruments to prevent you spending more money?
Or do you just limit yourself by setting a certain amount of money to spend? Or you don't limit yourself at all?
Thanks for sharing!
Cheers,
Yours OshiHugo, Oshi.io CM
My strategy is simple I only deposit in the casino the amount I’m willing to lose for that day, If I lose then I will stop gambling, if at the end of the session there is still money there then I’m going to use that, and only that, the next time I want to gamble.

That's the best strategy, that is also what I do. So that I don't over spend in gambling I also just set a limit of something like 10mbtc to play with in any casino.
Sometimes people get bankrupt because they don't set limits to their gambling habits and that results to huge losses because they chase their losses.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
July 19, 2017, 05:43:58 PM
Hi guys!
We all know that gambling is not only a fun but also potential danger. So are you limiting yourself somehow when gambling? DO you use casino's instruments to prevent you spending more money?
Or do you just limit yourself by setting a certain amount of money to spend? Or you don't limit yourself at all?
Thanks for sharing!
Cheers,
Yours OshiHugo, Oshi.io CM
My strategy is simple I only deposit in the casino the amount I’m willing to lose for that day, If I lose then I will stop gambling, if at the end of the session there is still money there then I’m going to use that, and only that, the next time I want to gamble.
sr. member
Activity: 434
Merit: 250
July 19, 2017, 05:39:08 PM
Since if you keep gambling you will eventually lose because of the house edge it becomes very important to set a limit to stop before that happens. After a big win it is best to stop and enjoy your earnings. To continue is possible but a huge risk. Sometimes huge risks pay off.
I agree with you, When it came to gambling, you should now the big risk of it, and in anytime you can loss or win, So to avoid greed, you should set rules/limites before you start gambling, and follow it because without the rules you can continue lossing until you will be out of money, and maybe you can effect your financial situation and in the worst case you will be addicted and sell everything to just do gambling. Anyways, Limits are must for a gambler, because you can control yourself.
sr. member
Activity: 360
Merit: 251
July 19, 2017, 04:53:15 PM
Since if you keep gambling you will eventually lose because of the house edge it becomes very important to set a limit to stop before that happens. After a big win it is best to stop and enjoy your earnings. To continue is possible but a huge risk. Sometimes huge risks pay off.
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