Topic: Gambling habits that will cost you - page 5. (Read 6231 times)

I tend to disagree on this mate because never that I heard or known anybody that playing games in gambling is an investment(unless what you mea by investing is to put money in gambling business)because whatever we do,which game we play theres always that Luck will be needed to profit and this is not investing at all.
But I’m afraid that we can count by our fingers those you called GOOD GAMBLERS mate because most of what we find in casino either online or actual are Greed and addict

That's not what I understand it, for me, when you are taking gambling as a source of income, you are investing on it, and every investor has to risk money and that is the bankroll you will start as a gambler which you will use throughout your journey.

A good gambler is a wise gambler who always follows the principle which is to invest what he can afford to lose.

That's not what I understand it, for me, when you are taking gambling as a source of income, you are investing on it, and every investor has to risk money and that is the bankroll you will start as a gambler which you will use throughout your journey.

A good gambler is a wise gambler who always follows the principle which is to invest what he can afford to lose.

Taken gambling as a source of income is a very bad idea because that will make you invest the money you can't afford to lose with the mind that you will make it big from gambling and at the end you will lose more money. If you want to stop losing more then you have to stop trying to gain back what you have lost while playing gambling.

This practice of setting limit is really very nice but I bet it’s not for everyone because at times the money that some players set as limit just the same as running a normal daily bet without limit and at the end it all runs down to zero.

I feel the best is just to be a disciplined player. Limit or no limit, you would always know when to stop a game if you find out the game is not favorable. This has been my method, I never set limit for my games, I didn’t find the act of setting limit cool after I tried it onetime and I exhausted my stakes the very moment my game was just to begin and it didn’t make me happy at all. It’s just better to play your games and control yourself than depending on a set limit…

I think that it’s even the most dangerous habit and that is probably what the OP meant by his fourth point. You can never mention deadly habit in gambling without adding this to the list even though majority of gamblers are guilty of this.

Greed is also mistaken for aiming high or dreaming big but realistically it is not good at all and as players, it’s better to settle this habit before even coming into gambling. Anyone that is greedy will definitely have problems in gambling because  gambling on its own has a way of making responsible people become greedy and it takes discipline to overcome this and then it becomes even more difficult for those who are by default naturally greedy.

I agree with this, bad moments are not good for risk taking. This is because if you happen to lose the first game, is highly likely that you would want to go again with that emotional anger and anger of losing too. The losing can continue without stopping as a reason of fighting back.

This practice of setting limit is really very nice but I bet it’s not for everyone because at times the money that some players set as limit just the same as running a normal daily bet without limit and at the end it all runs down to zero.

I feel the best is just to be a disciplined player. Limit or no limit, you would always know when to stop a game if you find out the game is not favorable. This has been my method, I never set limit for my games, I didn’t find the act of setting limit cool after I tried it onetime and I exhausted my stakes the very moment my game was just to begin and it didn’t make me happy at all. It’s just better to play your games and control yourself than depending on a set limit…

most of the pints that you have listed are very valid, but i feel that there is meeting that is missing which is greed, or is greed not also a bad habit that usually cost gamblers a whole lot in gambling?

Taking loan is the insane decision and should be avoided in all cases. Some people take loan to invest again in gambling to recover the loss but as per my experience it will never happen.
I never understand what's going on a gambler mind when he take loan to play gambling ? Does he does not know that he can lose all that amount in gambling or he is just ignorant ?

I never understand what's going on a gambler mind when he take loan to play gambling ? Does he does not know that he can lose all that amount in gambling or he is just ignorant ?

Agree with the list here but I believe there's a lot more of "habits" or actions that needs to be avoided when gambling. But just want to add here, since you already stated it, that although it's your money, think first if it's okay to gamble 'that' money. Yes you own it but for me, you still have to think about your priorities. If you need that money for an important purposes, then don't use it for gambling. Only gamble your EXTRA money. If you have more than enough of what you need, then go. But think first about your priorities and less priorities.

most of the pints that you have listed are very valid, but i feel that there is meeting that is missing which is greed, or is greed not also a bad habit that usually cost gamblers a whole lot in gambling?

most of the pints that you have listed are very valid, but i feel that there is meeting that is missing which is greed, or is greed not also a bad habit that usually cost gamblers a whole lot in gambling?

Those that have been gambling for a long time will agree with some of these bad habits (if I may call them this) which I have found to have a negative effect on our gambling experience.

Any comments or additions, drop them in the thread

1. Cancelling a withdraw because the sportsbook takes long to process it or because you saw a game you think will bring easy profit, stop right here.. my advice don't even think about cancelling this it's a trap that will leave you with no money to withdraw.

2. Don't gamble while you are intoxicated, for obvious reasons judgement is impaired and you will be reckless with how you play.

3. Never gamble with money that isn't yours, this includes taking out loans for the purpose of gambling  because this always ends in you losing all the sourced funds and will result in putting yourself in bad books with friends and family.

4. Avoid accumulators, sometimes these are good but if you in it for the money avoid them! I know many will say if you don't risk it you won't win or say something like "go big or go home" but honestly think about it , you place an accumulator with 3 games and 2 games with big odds of 5 and 7 odds go through and you are left with the multiplier of 1.2 odds which goes on to lose I guess you get my logic

5. Avoid gambling when you are angry or feeling emotional about something or someone, this too affects your game. If it helps talk or see someone before you do something you will regret.


Feel free to add more to the list

My additions:

1. Not mentally preparing - don't gamble when you are depressed or angry, it'll just make it worse if you lose and it's going to affect your play.

2. Not making a budget and sticking to it - if you just keep on pulling money out, you could soon find yourself short of cash for other stuff. You could end up dipping for money reserved for utilities, etc.

Set a budget for a certain length of time and stick to it. If possible, try not get it down to zero. Once you run out of money, you can't deposit more.

For example if you set a weekly budget and lost all that, you don't replenish it until the next week. The good thing about setting a fixed budget for a regular interval is you can track if you are earning anything.

Gambling has become easier than ever with technology.  I do believe that people are getting started a lot of the times with video games since a lot of them have gambling features in them.  First you start gambling with virtual items then you move onto real money.