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Topic: Gambling habits that will cost you - page 7. (Read 6231 times)

full member
Activity: 1134
Merit: 105
August 13, 2019, 01:20:51 PM
Those people who do not keep track of money in gambling loses more money than the others.
This seems to be a decent habit to avoid the loss of money and also limiting yourself to the fix amount of funds. Also, in case of a win, you may add them in your next week balance, so you can enjoy gambling with a bigger bankroll.
Besides keeping track the bet sizes would matter more. When winning or losing people tend to make bigger bets what carries more risk.  Keeping track wont help to win more or less.

Another benefit for making the small bets  is that a person will have an opportunity to play more games and spend more time in gambling. If anyone wants to have entertainment in gambling he would want to spend more time in gambling and by using the less funds in each game he will spend considerable more amount of time then the person who bet with a big amount and loose in the first bet and stop the gambling.
hero member
Activity: 2814
Merit: 618
Leading Crypto Sports Betting & Casino Platform
August 13, 2019, 01:17:15 PM
Those people who do not keep track of money in gambling loses more money than the others.
This seems to be a decent habit to avoid the loss of money and also limiting yourself to the fix amount of funds. Also, in case of a win, you may add them in your next week balance, so you can enjoy gambling with a bigger bankroll.
Besides keeping track the bet sizes would matter more. When winning or losing people tend to make bigger bets what carries more risk.  Keeping track wont help to win more or less.

The point here is that the person playing gambling will have fixed amount of Weekly funds for gambling. So even if you bet with small amounts or  make a single bet of a big amount he will not be able to utilize more funds for the week  which he has allocated for gambling, so he will not lose more than what he decided initially.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
August 13, 2019, 09:02:05 AM
Nice points mate you got me there,almost all of those are my mistakes whe plying in gambling
A golden rule is moderation. Learn to moderate how, when and the wager with which you gamble. No when to take your profits and also when yo cut of your loss.
Addiction has cost a lot of gamblers lots of money.
Well simple but hard buddy because this is what most of us gamblers cannot do,to moderated control ourselves while playing.
The habit that you have to avoid when gambling is:

Don't make a lot of bet while gambling


This is the reason why people lose. When you make a lot of bets, you decrease your probability of winning in total profits.
Yups because if you are in luck nothing you need to do but just bet in specific number or two and not for too many
member
Activity: 72
Merit: 12
August 13, 2019, 08:56:06 AM
A golden rule is moderation. Learn to moderate how, when and the wager with which you gamble. No when to take your profits and also when yo cut of your loss.
Addiction has cost a lot of gamblers lots of money.
full member
Activity: 1750
Merit: 118
August 13, 2019, 08:32:32 AM
The habit that you have to avoid when gambling is:

Don't make a lot of bet while gambling

Making lots of bets not increasing your chances to win
It didnt decrease your chance either  . you will still loose even if you are only betting small but this is better at all times . whenever i play gambling i tend to bet lower because i want to spend more time in that game  .  

some gamblers would be doing the other way around because they find it boring to bet less and  it will only take time to achieve their waggering requirements
sr. member
Activity: 1078
Merit: 256
August 13, 2019, 08:07:17 AM
The habit that you have to avoid when gambling is:

Don't make a lot of bet while gambling


This is the reason why people lose. When you make a lot of bets, you decrease your probability of winning in total profits.
Making lots of bets not increasing your chances to win but the other way around, it can decrease your profitable earnings since the numbers of winning can be much lesser than the number of your winning chance, enjoying instead of focusing and aggressively try to win over and over.
hero member
Activity: 1568
Merit: 544
August 13, 2019, 06:51:59 AM
Those people who do not keep track of money in gambling loses more money than the others.
This seems to be a decent habit to avoid the loss of money and also limiting yourself to the fix amount of funds. Also, in case of a win, you may add them in your next week balance, so you can enjoy gambling with a bigger bankroll.
Besides keeping track the bet sizes would matter more. When winning or losing people tend to make bigger bets what carries more risk.  Keeping track wont help to win more or less.
hero member
Activity: 2814
Merit: 618
Leading Crypto Sports Betting & Casino Platform
August 13, 2019, 06:23:56 AM
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.

Those people who do not keep track of money in gambling loses more money than the others.
This seems to be a decent habit to avoid the loss of money and also limiting yourself to the fix amount of funds. Also, in case of a win, you may add them in your next week balance, so you can enjoy gambling with a bigger bankroll.
member
Activity: 980
Merit: 62
August 13, 2019, 05:59:59 AM
The habit that you have to avoid when gambling is:

Don't make a lot of bet while gambling


This is the reason why people lose. When you make a lot of bets, you decrease your probability of winning in total profits.
hero member
Activity: 1764
Merit: 584
August 12, 2019, 10:54:50 AM
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.
hero member
Activity: 2730
Merit: 585
Leading Crypto Sports Betting & Casino Platform
August 12, 2019, 08:31:01 AM
The worst of gambling habits that can cost a gambler is when winning and still want to win more thereby end up losing the entire winning and run into loss and still want to get or recover the lost. Never try to recover your lost when you are losing in any gambling platform's.
That is not really a bad habit, this is done by virtually all players. The truth is when we win, we always want to win more and I see this as a normal thing, except you are a player that is comfortable with mediocrity. As a player that desires growth, there’s always this hunger to win more by playing more but while doing this wisdom has to be applied.

One way to apply wisdom here, is to withdraw a part of the money won and then replay with the left part but where mistake would be made is when a player puts in all the money earned because he wants to win more, that is when the habit becomes destructive. But desire to win more on its own is not a destructive habit. I hope you get the differences bro.  Recovering loss is the habit that kills a gambler lol.
hero member
Activity: 2744
Merit: 588
August 11, 2019, 05:32:29 PM
#99
- Quit while you're ahead.

- Don't make a new deposit to recuperate losses.

This is a good advise to people who want to escape the trap of gambling yes, but I know it is the most difficult thing to do. At the time you are ahead, you are tempted to hold more longer  Roll Eyes lf you are not lucky, it might go wrong.  Grin

Maybe find friends that will let you entertain on productive things than being entertained on gambling. It might escape you into the addiction of gambling, just always think about your future so you can manage your life.

Gambling addiction is a very serious thing, don't let yourself go to that situation.

Gambling addiction is really a very serious thing, but very few gamblers have the will to combat this addiction.
That is the reason why many gamblers fall to item #3 of the OP, taking out loans for the purpose of gambling.
They continue to play hoping to win huge amount to pay for their debts, but their fate is not in the winning side, incurring deep debts afterwards.
So if you are a gambler, stay on course and play within your budgets.
legendary
Activity: 1778
Merit: 1009
Degen in the Space
August 11, 2019, 02:04:21 PM
#98
- Quit while you're ahead.

- Don't make a new deposit to recuperate losses.

This is a good advise to people who want to escape the trap of gambling yes, but I know it is the most difficult thing to do. At the time you are ahead, you are tempted to hold more longer  Roll Eyes lf you are not lucky, it might go wrong.  Grin

Maybe find friends that will let you entertain on productive things than being entertained on gambling. It might escape you into the addiction of gambling, just always think about your future so you can manage your life.

Gambling addiction is a very serious thing, don't let yourself go to that situation.
hero member
Activity: 2926
Merit: 640
August 11, 2019, 01:48:01 PM
#97
It's a really good list. I don't know about nr 1 but if you say that it's a trap I won't argue. The rest could be put under one short headline: don't be irresponsible. Gambling when drunk or with borrowed money or in anger is not a good idea. No responsible person will do it.

I hope some of the newbies who come here thinking of becoming rich will read your points and learn something.
Simply put that the number of irresponsible gambler are more than those that are responsible. Lol. I know they will not like to hear this but frankly borrowing money is one of the characteristics of some of the self-acclaimed professional gamblers we have around especially on Bitcoin forum. I have seen and read news of how people borrow huge money with confidence that they can meet up and it is really crazy. Once they end up losing they start ranting that the house edge never favored them and all sorts. That’s crazy really.

I see on so many sites where it is written never gamble what you cannot afford to loses, and some do not only gamble their spare, they still go ahead to borrow, and this is the most destructive habit that can cost player a lot to recover.
sr. member
Activity: 882
Merit: 269
August 11, 2019, 11:26:11 AM
#96
The worst of gambling habits that can cost a gambler is when winning and still want to win more thereby end up losing the entire winning and run into loss and still want to get or recover the lost. Never try to recover your lost when you are losing in any gambling platform's.
The desired to recover our lose is part of all of us and I think it always links to the huge loses that most people have made. I do know that people will try not to keep losing but it is the addiction that keeps people into gambling. The gambling sites do benefits from the addictions that have turned to habit.
member
Activity: 1302
Merit: 25
August 11, 2019, 02:30:33 AM
#95
- Quit while you're ahead.

- Don't make a new deposit to recuperate losses.

This is a good advise to people who want to escape the trap of gambling yes, but I know it is the most difficult thing to do. At the time you are ahead, you are tempted to hold more longer  Roll Eyes lf you are not lucky, it might go wrong.  Grin
legendary
Activity: 2576
Merit: 1860
August 10, 2019, 11:18:58 PM
#94
The worst of gambling habits that can cost a gambler is when winning and still want to win more thereby end up losing the entire winning and run into loss and still want to get or recover the lost. Never try to recover your lost when you are losing in any gambling platform's.

I think the habits that should gamblers be aware of is being serious to gamble.

We should never be serious with gambling, it should be a way of entertaining yourself, to have fun since if you will be serious with gambling, you will be losing your money and you will be losing your temper that usually leads to more losses. Atleast if you are having fun, you are still losing money but you are having fun.

That's right. Although losing, at least you can get out of the gambling room smiling, saying, I was just paying for the fun. But when you are serious enough and you lost, you will get out of the gambling room with grinding teeth, seething with desire to get back at the house. That is going to be a second disaster waiting to happen.

That is why it is never advisable to gamble when you are highly emotional. Better spend the hours at the park or at the baywalk feeding the pigeons. The gambling room will just maximize your emotions.
hero member
Activity: 1722
Merit: 528
August 10, 2019, 10:51:22 PM
#93
The worst of gambling habits that can cost a gambler is when winning and still want to win more thereby end up losing the entire winning and run into loss and still want to get or recover the lost. Never try to recover your lost when you are losing in any gambling platform's.

I think the habits that should gamblers be aware of is being serious to gamble.

We should never be serious with gambling, it should be a way of entertaining yourself, to have fun since if you will be serious with gambling, you will be losing your money and you will be losing your temper that usually leads to more losses. Atleast if you are having fun, you are still losing money but you are having fun.
hero member
Activity: 2912
Merit: 556
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August 10, 2019, 10:15:44 PM
#92
The worst of gambling habits that can cost a gambler is when winning and still want to win more thereby end up losing the entire winning and run into loss and still want to get or recover the lost. Never try to recover your lost when you are losing in any gambling platform's.

I think not just like that because if a gambler has lost the money, he will stay in the gambling places and he will spend more money to get the winning. Many gamblers don't realize about that and still using more money to play, but after he loses so much money, he will realize that what he did was wrong. We should always prevent this, and we should have a strong mind to prevent thinking the winning in the gambling because that will be too difficult for us to win the games.
hero member
Activity: 2996
Merit: 598
Leading Crypto Sports Betting & Casino Platform
August 10, 2019, 09:55:54 PM
#91
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 Smiley

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 Huh 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

To sum it up you need to be in control and know the rules, we are losing in gambling because we are following so many methods we've read and watched that will not work, because of the house edge, keep it simple it's ok to have a strategy and  method but do a variation but most important is, only gamble what you can afford to lose, just enjoy the game it's not always win.

Know when to quit and feel good at it, you have a family to stay focus on.
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