Topic: For Newbies Interested in Gambling - page 6. (Read 810 times)

True to your word, discipline is key to gambling responsibly, because without it there'll be no control to the gambling habitat. Even when you have designed your bankroll management, without discipline to follow it through then it becomes a wasted effort. Because i know that gambling habit is enticing, the more you engage in it, you'll still have the urge to continue, even when common sense and all the self thoughts that you've given yourself is telling you to stop. At that point it's only self discipline that can apply the final brake and guide you to make the right decision.

To be involved in healthy gambling as OP has pointed out, requires discipline too, because without it the gambling becomes unhealthy. Generally i think that gambling should mainly be for having fun, not as a source of income, because of the risk that is involved. So how can a family man with responsibilities rely on a business that is based on luck to take care of his resoinsibilies, that sounds like irresponsible to me. Because if the individual experiences a big lose then what happens to the people that are dependant on him to survive.

I'm usually quite objective toward gambling as I do ultimately believe that most who start gambling usually end up forming an unhealthy habit, in worst cases, addiction. The exception to this is usually those who are lucky, or extremely disciplined. I think that for someone who clearly gambles, and if you practice what you preach, then I commend you for being able to gamble and keep it at a healthy level in your life. I hope that newbies who want to try follow this advice, if they find the need to gamble.

I want to ask OP, in your time gambling, have you ever violated these rules? How many times if so?

I'm assuming, as with everything, it gets easier to be disciplined with experience and time...if this is true, maybe it is worth talking about this too...as people mightn't predict the difficulty in taking this approach or following these rules. Easier said than done, as they say.

If they are a newbie in gambling, yes they do have an interest. But if they haven't entered the scene yet, we are not sure about that. I like it if a newbie follow the rules of learning the basics up to the the advanced lessons, so that they can minimized their errors. But in gambling, it's almost impossible for one to make a living on here, even if they took their lessons properly. But I think it will still be taught to them, that gambling is never a good way or idea to make a living on it.

In gambling, it was mostly the owners are the ones who win, so it's no surprise that newbies or even the veterans are mostly losing in it, no matter how much experience, knowledge, and skill they have.

Not seeing gambling as a way of making money and only going for it as an entertainment is good, it can make someone to be successful as he will not waste his earned money on gambling. As for me I see a successful gambler as gamblers that are successful in life. The success may not come from gambling, it can come from any other things that they are doing. But the way gambling is, I do not think we should call anyone a successful gambler unless he won a life time huge amount of money becuase I do not think there would be a person that will say he is making money from gambling other than this kind of people. I mean a kind of money that will make the person to be successful.

I can only imagine success if i make a lot of money in gambling, I mean a lot because it's something unachievable for most gamblers.
Imagine that, if you are one of the successful gamblers, that only means you have an exceptional talent that you can capitalize to make a living in gambling.

All that discipline and good attributes needed are useless if it will not gather a positive end result.



Our budget or what we call bankroll in gambling could vary, but there are rules in bankroll management which OP mentioned, as for himself, it's 10% of his total bankroll daily, so if he would be in a losing streak, at least he would last 10 days.

Personally, I don't limit my gambling activities in a day, but at least 3% of my total bankroll is the percentage I wager in every bet.

Totally agree with you mate. I have heard about majority of people who gamble lost all their money and became broke. I think luck ratio would be 1:10,000 in gambling. 5% weekly gambling budget is good and won't make us turn into a blood thirsty zombie. The reason why gamblers lose their control over their cravings of luck that lead to addiction is the mismanagement of their gambling funds since they don't know when to stop.

I would disagree with that. So, what is the point of people, especially in sports, risking huge sums of money? Some even bet millions of dollars because they are confident in their skills. Saying that winning in gambling is impossible is wrong. It's more accurate to say it's almost impossible, as there's only a slim chance of becoming financially successful in gambling.

Yes, some consider it as fun only, but you can't blame other people who are too ambitious in gambling, and I believe they know what they are doing. Those sports handicappers who are making a living in gambling are great at what they do.

Very well said but I was a super capable arcade player beating new high score after new high score in many different games back then in 1990-2000 when those games were a hit.I never happen to hit the max multiplier in a slot machine although I almost got it one time,I hit x9833 out of x10000 max multiplier of that game.Strange thing,it was a UK provider like Reel Kingdom and I don't think the UK providers are really good at slot machines.

There is unfortunately nothing that make you a successful gambler unless you make more money than you lose and we all know this is impossible in gambling.

Right. Winning big in gambling isn't just about being patient and consistent. Success means different things to different people but relying solely on gambling for money can be super tricky. Luck plays a big part and we can't predict when it'll swing our way. Learning from others' experiences is smart and many have faced losses, so taking their lessons to heart is key. We have to think  of gambling like entertainment, not a cash machine. If you're looking for a steady income, it's better to explore other options and when you do gamble, set clear limits and keep your cool. We should stay in control and have fun without risking big losses

Yes it's normal to worry about your money when you're gambling but if that's the only thing on your mind while gambling then you can't fully enjoy what you're playing because your mind is on a different plane and you're unlikely to concentrate when things like that are on your mind but I get that it's hard to do that especially if you're conscious on how you are spending your money and how you could've spend your money that you've used for gambling. I am not blaming them for why they gamble it's just that I'm concerned of their well-being where they take something so seriously.

The most important thing about gambling starts with your own business or job, make sure you are making money every month at least, then you can start working on how to manage your bankroll to avoid getting addicted to gambling.

I know that many gamblers are jobless and they still choose to gamble with whatever amount they can get their hands on, but this is why they get furious and mad once they lose money in gambling, as if gambling is risk free, something that is very high risk, it's sure that you will lose money more than you will win.

So make sure you secured a job and gamble with what's left after paying your bills, you must take your survival very serious, don't reduce your food so that you can gamble, risk whatever you have left even if it's a dollar, it's way better than going to work from 9-5 every day and wasting all the money away on gambling every month.

It will get to a point that you will feel tired, that you keep losing all the money and you still go to work every day, some will reason this very well at the end and they will lower the money they are risking, still way better than not having anything that brings you money.

This is why people go for loans or get involved with crimes, lack if money is the root of all evil, so make sure you have a paying job first.

What the OP explained is not wrong, because all of these things are very important for everyone to apply when gambling. Regarding seeing other people's gambling experiences (positive or negative), I think this point is very important for gamblers to always pay attention to. Because from looking at other people's gambling experiences, we can learn lessons.

But in my personal opinion, gambling is not that complicated. Because for me personally gambling is entertainment. So if I make a profit that means it's a plus for me and if I lose I don't really regret it. Because as I said, gambling is entertainment for me personally. So when we talk about success in gambling, it probably refers to profits. So I believe this means you think gambling is just a way to make money and not for entertainment. Therefore, your opinion about gambling is only focused on profits.

But in my personal opinion, being a successful gambler is not just about getting profits in the form of money. However, a successful gambler is when the gambler is able to control himself well, in the emotional aspect and financial aspect (gambling capital).

This forum is a good platform to learn how to gamble. The good part of the forum is that many casinos are represented in the forum and they always give information about their services. The gambling board has so many experienced gamblers that newcomers can easily learn from. Any gambler who is not patient might end up becoming addicted because he might keep chasing losses. Newbies also need to know that there are times when you will not win a game for months and you keep hoping to win. Consistency will help newbies learn more which will make them become proficient in diverse games. 

Bankroll management is important to every gambler to avoid addiction. Everyone should have a gambling budget that guides him or her and should ensure that they follow it. I ensure that my gambling budget for the month is not exceeded no matter how much I lose or win. 

But even though they have been patient and consistent in playing healthy gambling, that does not guarantee that they will be successful in gambling. We have to define the meaning of success in gambling because if the meaning of success is associated with getting a lot of money from gambling, I don't think it will be easy. After all, instead of getting a lot of money from gambling, we can experience a lot of losses and many people have experienced that. We don't need to experience it because we have learned from their experiences so we need to prevent that from happening to us by always applying self-restrictions when gambling.

We may be able to win at gambling but unfortunately, we cannot get that win too often because there is a luck factor that cannot be guaranteed when it will come. Even though we can be patient in gambling and consistent, it is still difficult for us to win. Don't expect to win from gambling because gambling is entertainment, so if we want to get money, we better look for it from other places. In gambling, we can only continue to play with self-control and clear financial limits so that we can overcome and prevent large losses.

I'm not sure if a newbie applying for this could help them, and it's also quite vague on the approach for newbies. Rather like my experience with gambling both online and offline:
- Determine from the beginning the purpose of exposure to gambling
- What are gambling games?
- The risks when we play them and with them come opportunities
...
Usually beginners easily try their luck through games, and patience is not the deciding factor in winning if you are unlucky and just lose then this only causes more harm.

This shows that it is only when we turn into a gambling addict that it is too late to correct our mistakes. From the beginning, if you simply view it as a form of entertainment, of course it will be harmful, and like many other fields, the goal of becoming a professional in a field is always not applicable to the crowd. And the same goes for good asset management, it's not for the masses, and that's part of the reason the house always wins.

Bankroll is everything in gambling if you do not know how to manage it, you'll be in trouble and you'll likely become addicted to gambling, you must know how to allocate a percentage of what you intend to use for playing daily, how you manage your bankroll will tell your status as a gambler.
When I was just starting I had a hard time managing my bankroll, the bankroll that was intended for one week of playing I can only manage for 3 sessions and there was a time that I lost my bankroll in one day and when I did a computation I allocate more than what I cannot afford.
I have a hard time managing my money because of bankroll mismanagement, so if you have bankroll mismanagement you will face financial difficulties.

There is a lot of excitement about gambling among those who are new. They think that they are going to make a lot of money over time and that the bets they place will have a higher chance of winning. I have come across a gambler who does a lot of research on gambling but the results are not the same. Every new gambler should remember that luck is an important factor in gambling. So don't expect too much there. Newbie gamblers don't know how to manage their bankroll. Moreover, their bets also have no limitations. As a new gambler you should keep an eye on these things. A new gambler should first get enough education only from those who are experienced. Before gambling one should try to set small amount of money when he gains good experience. Another important point is that a gambler must not be too crazy to recover loss or else he will lose all his money.

In my opinion newbies has interested in gambling. At the first stage of gambling they are try to learn it because they know if they learn it properly that will be a great source of income. But 90% newbies fail after face losses in it. Those 10% who stay in the sector the gain experience and they learn properly they are success in their career.

Well, I always keep saying that you need to have good bankroll management to avoid constantly placing money in casinos, this is because the first thing that a person needs to get into their heads is that they will not be able to make a constant profit in gambling games. bad luck, the sooner a person realizes this and accepts this reality, the better it will be for the person. After that, the person needs to look at their finances in the real world, and make calculations of how much money they have left when they pay all the bills and when they make a list of things intended for fun, how much money is left over. After the person has made all these calculations, they can now define the amount they will allocate to gambling and it is very important that the person is aware that the money they put into the casino is lost money.

The person shouldn't think about things like: I'm going to deposit $100 in the casino and I'm going to turn it into $300, and then I'm going to turn it into $1000. This thought will only make the person lose everything in the real world because gambling does not give guaranteed profits, they are things that depend on luck or in the case where they depend on skills, they still do not give guaranteed profits. no matter how many years of experience a person has, whether they are the most skilled at gambling, they will still lose when placing sports bets or playing in a game that involves skills. If he starts to play a game of chance that depends on luck, then he must forget that he will win a lot constantly, because in games that depend on luck, there are very small cases of people who played and were lucky enough to win a lot of money to the point of recovering it. all losses and keep profits

In other words, in practice, if a person allocates $50 per month to gambling, then they are saying that the $50 is already lost every month, it will be as if they were taking $50 and buying food and starting. It is money that will have no return. If the person thinks this way then they won't have any problems, but they should also allocate money for other things related to fun, something like $60 a month for going out, although gambling should be seen as fun, they are the worst entertainment, they cause stress when people lose

Managing your bankroll in a responsible way is without a doubt a must for anyone that wants to gamble as a hobby as this will prevent losses that could be too difficult to manage.

However for the gambler that wants to become profitable this is not really enough, they also need a strategy that can beat the casinos and this can only be done in a handful of games, and even those which have such method at their disposal can still suffer massive losses if they are not strict enough on the management of their finances.