So, for me, I don't gamble every-day, and the reasons are because of winning opportunities and time to analyze matches because I have other things that I'm engaged with, and I mostly focus my attention on sports betting, so mostly when I see opportunities to win then that's when I stake my games.
Absolutely, it's not always the right time for us to gamble. Observing, analyzing, and finding the right entry points during opportune moments are the best ways to achieve positive outcomes when engaging in gambling. Using money effectively is more important than the frequency of participation. For example, instead of placing 100 bets of $10, you might choose to make 5 bets of $200, but with a higher probability of success, which could be more effective for your emotion, avoiding into stressful situation because of playing so much.
It is true that in gambling, having a strategic approach is important. You should also be aware of when to gamble and when to hold back. You can easily determine this by evaluating your current condition. If you think that you are not in good condition or have recently lost a lot of money in gambling, it is wise to take a break and not continue trying to win if luck is not on your side.
Sometimes, luck is something we create ourselves, and engaging in activities like gambling or anything else while in a bad or extremely stressed state may not yield positive results. Gambling requires concentration and decisiveness, and if you're in a mentally unwell state, you might make impulsive decisions without careful consideration.
When the outcomes are consistently unfavorable, it worsens our mood, creating a chain reaction. The best way to break this cycle is to pause, take a break, and choose a better time to engage rather than persisting in that unfavorable mental state.
Gambling everyday doesn't guarantee that you'll win more, even stopping every now and then doesn't make you miss winning a jackpot in a sense. I saw a documentary about gambling regarding winning statistics, it doesn't change even if you stop or continue winning everyday it will remain constant even if you switch game or platform you are playing with. It's all a matter of luck. If you'll gamble everyday and if you have the same mind set as your friend you'll end up gambling addict before you notice it.
Absolutely, it's true. Placing numerous trades doesn't necessarily result in more profits if your risk/reward ratio is low. If you can identify an R/R ratio above 50% and maintain that stability over time, then maybe taking more trades could potentially bring additional profits. However, achieving a consistent R/R ratio in gambling is extremely challenging.
Moreover, the market is always there; it won't disappear. Therefore, there's no need to rush and try to make a lot of money all at once. Instead, focusing on earning a steady profit over time would be more beneficial.