Gamble Responsibly - page 45. | Bitcointalksearch.org

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Quote from: Onyeeze on July 20, 2023, 07:15:04 PM

What gambling is meant for is to risky your money and that is why some people called gambling as a try your luck, any one who interested in gambling should know the way that gambling is all about risk and the risk which is involve in gambling is basically higher in the disadvantages side of gambling, when looking at gambling its known and seen that gambling the advantages don't use to be much for the way I'm seeing gambling, but basically gambling should one of the game people should be play with carefulness because it can bring people down when you have not know the advantages and disadvantages of gambling properly

You just proved why most gamblers are not responsible (as per the title).
Gambling is not about taking risks, it's about having fun and enjoying the moments and money you spend playing the games.
You need to think differently. Gambling is not a way to make money. It can't be compared to trading. When you gamble then you are spending money to have fun. If you win, good for you. If you lose, that's what you should have expected.

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Quote from: Makus on July 21, 2023, 05:57:18 PM

Quote from: Dr.Bitcoin_Strange on July 21, 2023, 04:52:25 PM

no matter how professional you are in gambling, you can never tell if your bet will succeed or fail.

Indeed professionalism in gambling is not based on how successful you are but, how smart you are to know when to quit and leave the casino board or platform.

Most gamblers who gamble irresponsibly is due to the desperation of winning at all cost, forgetting that thier predictions cannot be 100% correct all the time, just as the OP also said Anxiety and Depression can also be seen as a cause of irresponsible gambling.

The fact that a gambler would sell a high valued property worth $7k for $2k for the purpose of gambling shows that he or she is an irresponsible gambler, gambling at some point ought to be fun not only when you are on winning strike because it shouldn't become a career one would invest his life in.

On the time that you do make yourself that desperate then this is the time that you would really be putting up yourself on such risks because you would really be pushing up yourself on playing because you do have in

mind that you would win on playing gambling without even trying out to mind on the money that you would gonna spend then it would really be leading into disaster. This is why you should really be that careful when it comes on dealing with gambling because if you arent really that good enough on controling yourself then getting addicted would really be that so easy and we know that once you do get shackled with addiction then
there's no way that you could really be able to get out so easily.Therefore, you should really be that responsible for this one if you dont like to mess up your life.

Gamble responsibly and dont go into certain extents on which it isnt really that ideal or good anymore. Play according into your leisure means and not for making income
because this would be primarily the main reason on why you do make yourself that too desperate.

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Quote from: danadc on July 21, 2023, 05:25:19 PM

Yes, that is very true, there are people who have a gift for these things, you always have to give many factors, luck inevitably influences to be able to make a bet, but the fact is that things can work with a mixture of talent and luck, and a person who has talent, possibly knows how to read luck, and when not to bet, that is something that they develop quickly, while I am very flexible to do something like that, because I leave everything to luck, When I play in a casino I don't get complicated, I just play what I think I know and I apply my estarageguides and if I win well, otherwise no way, you have to continue.

^That is definitely right and having a strategy and applying your knowledge certainly helps improve the odds. It is commendable that you rely on your established guides and knowledge when placing bets. Whether you win or not, it is important to stay determined and continue exploring opportunities. We should remember this, in activities where luck plays a significant role, staying level-headed and persistent can be just as valuable as raw talent or instinct. So, keep enjoying the experience, and may fortune favor you in your future.

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Quote from: Dr.Bitcoin_Strange on July 21, 2023, 04:52:25 PM

no matter how professional you are in gambling, you can never tell if your bet will succeed or fail.

Indeed professionalism in gambling is not based on how successful you are but, how smart you are to know when to quit and leave the casino board or platform.

Most gamblers who gamble irresponsibly is due to the desperation of winning at all cost, forgetting that thier predictions cannot be 100% correct all the time, just as the OP also said Anxiety and Depression can also be seen as a cause of irresponsible gambling.

The fact that a gambler would sell a high valued property worth $7k for $2k for the purpose of gambling shows that he or she is an irresponsible gambler, gambling at some point ought to be fun not only when you are on winning strike because it shouldn't become a career one would invest his life in.

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Quote from: Dr.Bitcoin_Strange on July 21, 2023, 04:52:25 PM

Quote from: chigo on July 21, 2023, 01:01:55 PM

if you say that gambling is pure luck then you are wrong, what about those who have billiard playing skills and always manage to win all the bets on the table, apart from that they are professional gamblers who are not reckless when betting, they take advantage of financial management every time they gamble, they will stop when they lose or win big, that is what distinguishes professional gamblers from those who are losers in gambling. gambling will be forever fun if it doesn't cause our lives to be ruined while doing it.

@chigo, I also believe that gambling is primarily based on luck because, no matter how professional you are in gambling, you can never tell if your bet will succeed or fail. Being professional in gambling, like the point you mentioned, only means that you should be able to know how to manage your risk to avoid losing a great deal more than normal. I know that when I started gambling, I didn't know much about it, so I started meeting people who I felt were more experienced than me, and they would even make predictions for me that would still go bust. So, I just believe there's no amount of profession you gain as a gambler that will assure you a certain win. You just have to be lucky; otherwise, the game will get busted.

Even in skill-based games, luck will always play a significant role. Without luck, no matter how skilled you are, you will inevitably lose. So seeking advise from others won't help; sure, it might help, but if you're unlucky, you're unlucky, and no amount of experience can change that.

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Quote from: chigo on July 21, 2023, 01:01:55 PM

Quote from: noormcs5 on July 20, 2023, 04:05:05 PM

Going all in is real stupidity and you will 99% of the time lose money if you put everything in one game, in one bet.

However, apart from money management which is equally important in both trading and gambling, i do not see anything complex in gambling as compared to trading. You cannot define your charts, mark your positions in gambling as you can do in the trading.

The past data in the trading matters and therefore we analyze that data. Gambling is pure luck and no matter how much data we have about the gambling games, each game is a new game and there is no data to analyze which can be helpful in gambling.

if you say that gambling is pure luck then you are wrong, what about those who have billiard playing skills and always manage to win all the bets on the table, apart from that they are professional gamblers who are not reckless when betting, they take advantage of financial management every time they gamble, they will stop when they lose or win big, that is what distinguishes professional gamblers from those who are losers in gambling. gambling will be forever fun if it doesn't cause our lives to be ruined while doing it.

Yes, that is very true, there are people who have a gift for these things, you always have to give many factors, luck inevitably influences to be able to make a bet, but the fact is that things can work with a mixture of talent and luck, and a person who has talent, possibly knows how to read luck, and when not to bet, that is something that they develop quickly, while I am very flexible to do something like that, because I leave everything to luck, When I play in a casino I don't get complicated, I just play what I think I know and I apply my estarageguides and if I win well, otherwise no way, you have to continue.

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Quote from: chigo on July 21, 2023, 01:01:55 PM

if you say that gambling is pure luck then you are wrong, what about those who have billiard playing skills and always manage to win all the bets on the table, apart from that they are professional gamblers who are not reckless when betting, they take advantage of financial management every time they gamble, they will stop when they lose or win big, that is what distinguishes professional gamblers from those who are losers in gambling. gambling will be forever fun if it doesn't cause our lives to be ruined while doing it.

@chigo, I also believe that gambling is primarily based on luck because, no matter how professional you are in gambling, you can never tell if your bet will succeed or fail. Being professional in gambling, like the point you mentioned, only means that you should be able to know how to manage your risk to avoid losing a great deal more than normal. I know that when I started gambling, I didn't know much about it, so I started meeting people who I felt were more experienced than me, and they would even make predictions for me that would still go bust. So, I just believe there's no amount of profession you gain as a gambler that will assure you a certain win. You just have to be lucky; otherwise, the game will get busted.

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Quote from: noormcs5 on July 20, 2023, 04:05:05 PM

Going all in is real stupidity and you will 99% of the time lose money if you put everything in one game, in one bet.

However, apart from money management which is equally important in both trading and gambling, i do not see anything complex in gambling as compared to trading. You cannot define your charts, mark your positions in gambling as you can do in the trading.

The past data in the trading matters and therefore we analyze that data. Gambling is pure luck and no matter how much data we have about the gambling games, each game is a new game and there is no data to analyze which can be helpful in gambling.

if you say that gambling is pure luck then you are wrong, what about those who have billiard playing skills and always manage to win all the bets on the table, apart from that they are professional gamblers who are not reckless when betting, they take advantage of financial management every time they gamble, they will stop when they lose or win big, that is what distinguishes professional gamblers from those who are losers in gambling. gambling will be forever fun if it doesn't cause our lives to be ruined while doing it.

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Quote from: Onyeeze on July 20, 2023, 07:15:04 PM

What gambling is meant for is to risky your money and that is why some people called gambling as a try your luck, any one who interested in gambling should know the way that gambling is all about risk and the risk which is involve in gambling is basically higher in the disadvantages side of gambling, when looking at gambling its known and seen that gambling the advantages don't use to be much for the way I'm seeing gambling, but basically gambling should one of the game people should be play with carefulness because it can bring people down when you have not know the advantages and disadvantages of gambling properly

Yes the risk of losing all the money is what makes gambling what it is and at most case the reality have done on most gamblers that have settle that within their mind that it is either you win or lose and the awareness of this fact makes it easy for gamblers to face the realities of what becomes the outcome of the games and be it win or lose.

If one is above 18 and haven't the strength to withstand it outcome and also applying the common sense and limitation so as not to go all in at any point.

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Quote from: knowngunman on July 20, 2023, 07:08:47 AM

Quote from: maydna on July 19, 2023, 09:54:25 AM

~snip~

This is not the case again. A problem shared is half solved before but lately, a problem share is now topic of discussion and gossip. They will mock you and use it against you someday. Gambling is not something one should be proud of doing and telling people about it and again some Society prohibit gambling and disregard gamblers, that is one factor that contribute to why gamblers are not open to everyone about the problem they are facing because of what people might feel about them. In addition, fighting addiction has to do with the victim more than the people. People can only offer advice but it's your own responsibility to make up your mind and control your emotions. A man who can not control his emotions is not man enough.

Hopefully, every problem can be resolved properly so there is no difference anymore. Even though gambling isn't something to be proud of that can be told to the public, if someone asks other people for help, they should be able to help him, regardless of whether he is a gambling addict or something else. It may be true that people who ban gambling will ignore gambling addicts who are in trouble, but they should be able to lend a helping hand. Fighting gambling addiction is not easy because it is related to many parties, gambling addicts, their families, people around their families, and rehabilitation if the gambling addict wants to be invited to a rehabilitation center. And if the gambling addict doesn't want to talk about his gambling addiction, how is anyone supposed to know? How can people start helping him?

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Quote from: ethereumhunter on July 21, 2023, 10:47:31 AM

Quote from: Onyeeze on July 20, 2023, 07:15:04 PM

What gambling is meant for is to risky your money and that is why some people called gambling as a try your luck, any one who interested in gambling should know the way that gambling is all about risk and the risk which is involve in gambling is basically higher in the disadvantages side of gambling, when looking at gambling its known and seen that gambling the advantages don't use to be much for the way I'm seeing gambling, but basically gambling should one of the game people should be play with carefulness because it can bring people down when you have not know the advantages and disadvantages of gambling properly

And if they know that they don't have luck in gambling, they don't need to go gambling again because the results will remain the same. And even though they can win in the end, they have to compare the number of wins they get with the number of losses they also get, whichever is bigger. If, after that comparison, they see that the number of losses is greater than the number of wins, they should not gamble anymore because otherwise they will lose even more. But they can play gambling when free and have no other activities but still within the right limits.

So easy for people who are not that same shoe, but if you are already in that situation and you are experiencing good numbers of winning streak, you are not going to count that and re-assess yourself, as greed will dominate and will lead you to keep pushing for more, it's more on how you react with certain limitations, if you see that you are losing more compared with the amount of winning that you are getting, much better to pause for a while and try to re-analyze everything, or better as well to have some break and take time to reflect the situation.

It's the best way to over exceed and regret when you suffer into deep addiction where you can no longer control yourself when playing with your money.

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Quote from: ethereumhunter on July 21, 2023, 10:47:31 AM

Quote from: Onyeeze on July 20, 2023, 07:15:04 PM

What gambling is meant for is to risky your money and that is why some people called gambling as a try your luck, any one who interested in gambling should know the way that gambling is all about risk and the risk which is involve in gambling is basically higher in the disadvantages side of gambling, when looking at gambling its known and seen that gambling the advantages don't use to be much for the way I'm seeing gambling, but basically gambling should one of the game people should be play with carefulness because it can bring people down when you have not know the advantages and disadvantages of gambling properly

And if they know that they don't have luck in gambling, they don't need to go gambling again because the results will remain the same. And even though they can win in the end, they have to compare the number of wins they get with the number of losses they also get, whichever is bigger. If, after that comparison, they see that the number of losses is greater than the number of wins, they should not gamble anymore because otherwise they will lose even more. But they can play gambling when free and have no other activities but still within the right limits.

It's very easy to say that a player can just take it and completely give up gambling

.

But if a person really wants to play and this desire is still quite strong. And sometimes it turns out such a state of mind and in general a person’s thoughts that he often remembers the opportunity to play and that no one forbids him to gamble. And the thought gnaws that he will not necessarily lose, but may win. This kind of dilemma often forces even not very lucky players (that is, those who usually lose a little more than any average player) to play.
And this does not mean at all that such a player does not enjoy the game and all his emotions are reduced only to the steady conviction that he is a completely worthless and unlucky player, who, in principle, is forbidden to gamble.

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Quote from: Onyeeze on July 20, 2023, 07:15:04 PM

What gambling is meant for is to risky your money and that is why some people called gambling as a try your luck, any one who interested in gambling should know the way that gambling is all about risk and the risk which is involve in gambling is basically higher in the disadvantages side of gambling, when looking at gambling its known and seen that gambling the advantages don't use to be much for the way I'm seeing gambling, but basically gambling should one of the game people should be play with carefulness because it can bring people down when you have not know the advantages and disadvantages of gambling properly

And if they know that they don't have luck in gambling, they don't need to go gambling again because the results will remain the same. And even though they can win in the end, they have to compare the number of wins they get with the number of losses they also get, whichever is bigger. If, after that comparison, they see that the number of losses is greater than the number of wins, they should not gamble anymore because otherwise they will lose even more. But they can play gambling when free and have no other activities but still within the right limits.

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Quote from: MinerHQ on July 20, 2023, 10:06:01 PM

Quote from: khaled0111 on July 20, 2023, 07:56:37 PM

And for support, you are right. You need to talk with your wife or with a close friend. They will definitely warn you if they notice any addiction signs.

Having someone you can confide in during difficult times is invaluable, and talking to your wife or a close friend about your situation can indeed provide insights and support. It's essential to have a support system that can help you recognize and address any potential addiction signs.

Remember that addiction is a complex and sensitive matter that requires understanding and empathy. If you notice any signs of addiction in yourself or someone you know, reaching out for professional help and guidance is crucial. There are various resources available, including counseling and support groups, that can assist in overcoming addiction challenges.

All what you say is true but at the same time talking about having some addiction issues is still very difficult for most people, so even if they have the support network which could help them to overcome those problems while they are just appearing, many of those people prefer to wait and try to solve things on their own.

And only once they have exhausted all the methods they can think of then they will look for help, but by the time they do it their addiction is so bad that even such a support network will have a massive challenge trying to help them.

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Quote from: khaled0111 on July 20, 2023, 07:56:37 PM

And for support, you are right. You need to talk with your wife or with a close friend. They will definitely warn you if they notice any addiction signs.

Having someone you can confide in during difficult times is invaluable, and talking to your wife or a close friend about your situation can indeed provide insights and support. It's essential to have a support system that can help you recognize and address any potential addiction signs.

Remember that addiction is a complex and sensitive matter that requires understanding and empathy. If you notice any signs of addiction in yourself or someone you know, reaching out for professional help and guidance is crucial. There are various resources available, including counseling and support groups, that can assist in overcoming addiction challenges.

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Quote from: Docnaster on July 20, 2023, 03:30:05 PM

Most gamblers does not have time to re-evaluate their life and their spending habits.

I don't agree with what you have said here. How much time would it take to see how much you are spending on gambling and realizing that you are spending more than you can afford to lose. I don't think it takes more than a minute!
Saying you don't have time to do this is a lame excuse usually used by addicts so they don't feel remorse.
And for support, you are right. You need to talk with your wife or with a close friend. They will definitely warn you if they notice any addiction signs.

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Quote from: Dunamisx on July 20, 2023, 02:22:13 PM

Quote from: Shamm on July 19, 2023, 10:19:21 AM

Yes self control is a must in the world of gambling as we all know that every time we bet there's a greediness will come to our self that dictate us to bet more and more even though we are encountered many losses which pretty bad once we loss and bet more then loss again. So it's better to have self control for the sake of addiction because once we don't have self control then addiction can take over us easily.

Gamblers can make the decision to have self-control or not in gambling, they have to be conscious of the way they gambles not to affect their physical and mental life and people around them, it's not something that should be expected seing that people are always complaining of our gambling lifestyle, we have to be very careful not to constitute the irresponsible gamblers around making it so discouraging being a gambler.

We as players who can make a difference with respect to others and I think that is the reason for many threads in the forum, what matters is to let people know that people who suffer from addiction is something that can be improved, it is something that can be attacked and that there are many ways to help other people, those who fall into addiction sometimes believe that their chances are diminishing and it is not like that, it is quite the opposite, they have to build up the courage to overcome that passage of life so that they do not fall again, because this forum can have the focus of helping in every way , the Advice given here must be the best.

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What gambling is meant for is to risky your money and that is why some people called gambling as a try your luck, any one who interested in gambling should know the way that gambling is all about risk and the risk which is involve in gambling is basically higher in the disadvantages side of gambling, when looking at gambling its known and seen that gambling the advantages don't use to be much for the way I'm seeing gambling, but basically gambling should one of the game people should be play with carefulness because it can bring people down when you have not know the advantages and disadvantages of gambling properly

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Quote from: noormcs5 on July 20, 2023, 04:05:05 PM

Quote from: Stedsm on July 20, 2023, 03:38:53 PM

My observation as a gambler (when I used to gamble):
Don't take gambling as gambling itself but take it as trading. Create setups, strategies, bring in your skills in terms of both sports betting and live casinos, and with proper risk management and keeping journal of both - your winnings and losses will make you a much better gambler than just going all in on anything like a blind and then losing it all. It takes a lot of time to experience such a thing that I've experienced during my gambling period. Don't expect to make a living through gambling, but at least don't let the casinos enjoy their life on your money. Wink

In simple words, GAMBLE WITH STYLE.

Going all in is real stupidity and you will 99% of the time lose money if you put everything in one game, in one bet.

However, apart from money management which is equally important in both trading and gambling, i do not see anything complex in gambling as compared to trading. You cannot define your charts, mark your positions in gambling as you can do in the trading.

The past data in the trading matters and therefore we analyze that data. Gambling is pure luck and no matter how much data we have about the gambling games, each game is a new game and there is no data to analyze which can be helpful in gambling.

I think you're oversimplifying the distinctions between the two in your thinking. The only thing I can think of that trading and gambling have in common is the element of risk.

Unlike a game of chance, trading involves a lot of moving parts and strategy. Its a tricky procedure where making educated decisions can significantly improve outcomes. Knowledge of economics, even rudimentary economics, can equip a trader with the tools necessary to navigate the market. There is a wealth of information to be gleaned by studying the markets, including how supply and demand interact and how regional and international events impact prices.

While skill and knowledge do play a role, "luck" in gambling has little to do with either. Cards and a roulette wheel have no recollection of past events. The odds are altered in a fundamental way with each spin or draw.

Even though both trading and gambling have their thrills, drawing any direct parallels between the two is oversimplifying things. Do you agree that business savvy ought to be accorded more respect?

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Quote from: Docnaster on July 20, 2023, 03:30:05 PM

Quote from: Dunamisx on July 20, 2023, 02:22:13 PM

Quote from: Shamm on July 19, 2023, 10:19:21 AM

Yes self control is a must in the world of gambling as we all know that every time we bet there's a greediness will come to our self that dictate us to bet more and more even though we are encountered many losses which pretty bad once we loss and bet more then loss again. So it's better to have self control for the sake of addiction because once we don't have self control then addiction can take over us easily.

Gamblers can make the decision to have self-control or not in gambling, they have to be conscious of the way they gambles not to affect their physical and mental life and people around them, it's not something that should be expected seing that people are always complaining of our gambling lifestyle, we have to be very careful not to constitute the irresponsible gamblers around making it so discouraging being a gambler.

It is not only about gambling, in every sphere of Life whatever thing you do you need to have self control and at least at a particular time, you need to have self appraisal to see if you are making progress or you are heading the wrong way. Most gamblers does not have time to re-evaluate their life and their spending habits. It is only when it has gotten to an extreme that they will understand that they have deviated. That is why married people should always make their wives know about their spending habits, especially gambling if it is possible because it is the wife that he moderate them when they are going extreme.

In fact it all depend on their individual mindset. If a gambler who is married or unmarried have a mature mind, of course they know how to manage their finance to have fun at gambling and for everyday life.
I think this problem is not too serious, which mean that self-control is very important, but a good attitude of control start with an adult mindset that can appreciate every money she has and can think long term before gambling.
A gambler who have positive thinking and have good self-control will usually go to gambling with small amount of money and return to gambling again after having the money left over from daily need

Topic: Gamble Responsibly - page 45. (Read 11308 times)