Topic: Gambling Management - page 13. (Read 3868 times)

I think using the profit won from previous game won change anything, even if you lose the game you will still feel bad. Gambling is always unpredicted, whether you use your profit or capital to play their is no guarantee that you win. The best way of managing Gambling is by playing with amount you can afford to lose and you have to also know when to stop playing when you are losing or winning, this will really help you from losing money in gambling.

 I'm sure in gambling it is not always that gamblers win, it is once in awhile. Just imagine you played gambling and you won and you now decide to play again with the profit and you lose, how are you going to play next time? Will it be possible to keep playing with profit? So I think the best thing to do whether you play with profit or capital never fail to play with an amount you can not afford to lose.

Main reason on why i would really be always referring on playing on physical casinos rather than on online ones is that the overall ambiance and the socialization that you would really be able to experience when you do go into these places which is really that totally opposite when you are really that playing on online. When it comes to addiction then this is something that would really be totally that depending into someone because
each one of us does have that different kind of approach on things which you would really be neither having the control or not. It is really just that people do mess up their lives on the time that you would
be having that delusional approach towards gambling.

If you do play for the sake of income or money then it would be something a disastrous thing that you would be able to experience later on. You would really be having
that kind of potential problem.

No to me there is nothing wrong with using the winning from your previous bets to gamble, instead of using the capital you worked for why not use the ones you got from the casinos to gamble again. Anyway I don't support using personal funds to gamble because when you lose them it hots some gambler. However I would say that those gamblers that feels bad when they lose their money von games are risking what they can not afford to lose.
As gambler even though you are using the money you won from bets to place another bet you can still save your personal money. If you are really a gambler you get to understand that it's very difficult to save your winnings from gambling, you can safe the money's you work for but you can not save the money you won from gamble.
You can only use them to buy something important that you need, you can only save the money you earned from work, am speaking out of experience.

Yes, even using the Profit from your previous Bet to place another but it is not advisable to me. I feel like you are not even moving forward on at least having some fun from betting if you see that you can take at least a few percent like 5 or 10% from your profits to place another bet that is OK and good enough for me to understand because you are actually gambling to a money and once you earn money you take your profit from what you end and invest again on gambling, which you are not even sure if you win is just a very  Big risk. so it is advisable to set a particular amount or percent that you are supposed to be using for gambling even if you make the whole profit in the whole world still don’t use the whole money for gambling even if the profit is from gambling just set a money standard that you can only be using for gambling.

The entertainment value, the thrill of the games, and the overall ambiance of casinos contribute to the experience. There are many people who gamble not solely about winning money but also about enjoying the social interaction, the excitement of risk-taking, and the escapism it provides from everyday life. Maintaining a healthy mindset is crucial in navigating the world of gambling. Gamblers need to be mindful of not succumbing to greed.

Gradual processes may work in other endeavors, such as personal development or career advancement, but the same principle may not apply to gambling when the primary goal is financial gain. Recognizing this distinction can help individuals maintain realistic expectations and avoid potential pitfalls associated with excessive risk-taking. Finding a balance between enjoyment and responsibility is key to deriving satisfaction from gambling while minimizing its negative effects.

There is no doubt that managing banking is not an easy task. Many times we can allocate a certain amount and after playing we lose everything and start to think about whether or not we should deposit more money into the casino to continue playing and when we think about this we also think about where that money will go to deposit again in the casino, Some people even think about taking the money that is destined to pay bills and they take that money and play with the hope that they will win and then they will be able to return the money from the bills and they will keep the profit to continue playing and that with this they will have more time playing, is a strategy that even if it were in the world of safe investments, it would not be advisable for a person to do because the same advice that is given about gambling

It's the same advice that is given about investments, such as never invest money that is intended to pay bills, never invest money that you cannot afford to lose, these and so many other pieces of advice that are given in investments when someone is Starting off, they are good advice and are also useful in casino cases. Now managing money is not an easy task. I always say that people who depend on salaries at the end of the month or people who have a very limited budget need to make it a priority to first pay all their bills and only then that they can see how much money is left and then set the monthly amount for games and if they lose the entire monthly gambling amount in the game, then they must wait for them to receive a salary and take the monthly gambling money again to start playing again.

The system is volatility and placing one's mind on the inconsistent teams doesn't counts for me, rather improving and selecting important areas to fixed and moving to solidable form making him improve in everything. Gambling management, we're incharged and responsible for whatever task we triggers in the system. We face our losses and rejoiced when we starts earning in the system. For me, I'm independent when it comes to gambling, not giving up because the nearest chances of winning is just around the corner.

No matter how much control or pattern we do in gambling, the house will always has the advantages or they can always earn more than us, as long as we continue playing for quite a long time. Gambling isn't only about losing money anyway because if so, then no people are going to be motivated to continue playing.

Gambling is also about enjoying the games and the ambiance that are offered to us by the casinos. Indeed, it is still better to be not greedy as this can remove the true meaning of gambling and then it also have lots of negative effects to us. Gradual process can work on other things but not if our goal is to earn more money in gambling.

Maybe what you mean here is applying management to the budget that you want to allocate to gambling activities, or it means only putting a small budget amount that will not be a problem if in the end you lose and lose money, and of course that is a good idea and advice for approaching gambling, because what is certain is that this is a high-risk activity that can even eliminate all valuables, especially the money you have in an instant.

On the other hand if for example you managed to get a win in one of the sessions that you did then yes of course the recommended action is to cash out as soon as possible and if you still want to play then you can play with the amount of pure money that you won before then secure your capital, it's better because even if in the end you lose it doesn't matter and I don't think it will be too draining on your emotions because the money you allocate is the money from your previous winnings, on the other hand yes I understand what you mean here that sometimes even though we have implemented a good plan but in the end we lose everything, and maybe I will give advice that you need to put firmness on the plan along with maintaining your self-awareness, because with this I think it is less likely for you to fall into greed that can end up losing all your money.

Do gambling budget and you gonna be fine tho it is still gonna hurt the pocket and emotion a little bit but you gonna fine or just stop to do gamble.  Now I use $$ from the profits from the previous bet to place the next bet and save my initial capital.?
Same like you I always do that but at the end I sometimes just lose it all hahhaha

Honestly I think that this is really the best way to do it. This makes sure that you still have some cash left for future bets and increases your chances. If you just put it all down on one bet the risk is too high for the rewards. I would strongly advise against putting all your quan on just one single bet. At the end of the day you have to know that whatever you bet you could lose, so don't bet with more money that you would wish to say goodbye to.

When it comes to capital protection or something that calls getting out your bankroll with the profits you are making then i could say that this kind of management towards self is really that good.
You arent really just that showing that you do have that good control with your finances but also you are really that wary about the actions or things that you are dealing with on which this is
something which is really that important specially when you are really that dealing with gambling. You do know on what you do gonna do and you do know on how to deal up with loses.

This is what gamblers should really be having into their minds on the t ime that they would really be touching up gambling because most likely majority of people who do get engaged with it
do becomes that addicted and becomes really that messing up their lives because of wrong decisions that they are making with their gambling career. If you wont really be that careful
then you are really that putting up your life into such great risks and this is something that must be avoided.

he did save his initial capital after profitting seems lowkey totally understandable trading strategy here nothing to worry about don't be overly paranoid so many people are fine with just using all the money to place on bets it might be called compounding investment in investment wolrd but im calling it compounding betting in betting world because thats it, increasing the profit by adding more and more capital through the previous profit I think thats totally fine if he is rich enough its different if he always ran out of money he can't make the meet ends then he need help and need to call that line for gambling addiction, when everything is decided cold headed using money that he can afford to lose its gonna be fine and rainbow.
just dont use hot money that u gonna need to use for eating or otherwise you will be f-ed with how you manage money eventually.
I guess thats the thing with this.

The only reason that will make someone to win and use all the amount won to replay is greed. when greed of wanting to become reach overnight has conquer a persons mindset, the person play foolishly untill he loose everything before he starts regretting why he didn't use the initial profite gotten from it.

This urge is caused by the greed that exists in a gambler's mind, so that after winning in a row, he cannot possibly be controlled because maybe he is already so good at winning every gambling game he will play that he can no longer limit his betting money and possibly his money. He will risk the winnings he previously earned to gain even more profits as you said.
Yes, it is absolutely true that if a gambler cannot control all forms of time and money constraints then he will commit careless actions by gambling continuously and what will happen is that he will actually lose all his money and only then will he realize that his actions are what made him poor, yes you are right, Therefore, we have to plan in advance how much we can afford to bet there and when we have to stop if we lose right away.

I can understand the urge to increase the the amount being placed on a bet when you’re on a winning streak. But it’s definitely not wise to keep on betting with the total amount won in hopes of having a much bigger win than previously won.
The enthusiasm gotten after having constant wins could lead an undisciplined gambler to start being careless with his bets and without much thought of losing out on all he’d won. Hence the need to have a plan before gambling and the discipline to follow through on your plans.

Yes, it also works on trading and you just have to take whatever you started with and continue going on with the money that you've earned. The same goes with gambling that you are continuing with the free money and having that no risk of losing your capital but definitely, that money you've earned from winning the former bets is still going to hit you a lot if ever you're going to lose that money. So, the best thing to do is always keep something from these winning of yours because you'll never know when you'd be lucky to win again.

Don't chase your losses, never try to overcome them because it's like a quicksand. When you try to cover your losses, you don't always manage to successfully do that. Sometimes, people lose, try to overcome losses, then lose again, then deposit more to overcome everything that they lost, then they lose again and finally are in such a bit of trouble that they become gambling addicts.

It's risky to bet all of your money on the next bet but it's also rewarding. If I were you, I would only bet on games where I am 100% sure but if there is really a 1% that tells you to not bet, then don't risk and bet on the next match. I don't think there are any other unique ways to grow your money, probably it's a good idea to sometimes play with different coins because during the bull run, your $$ will increase too.

This works in trading because as long as you have a good strategy sooner or later you will make more profits than what you lose, so eventually your profits will be so high that you can withdraw your seed capital and now you are trading with free money, but for most gamblers this is not possible as they do not have such strategy, so even if they got lucky and they did this, eventually their losses will accumulate and they will have to make another deposit at their favorite casino if they want to keep gambling.

Exactly, that's the strategy I always think about, or I mean I think about the same thing as you when it comes to financial strategy. In any case, smart management is more advisable when it comes to money, especially when we're talking about gambling where there are possible risks that can never be tolerated, and it's obvious that choosing to cash out as soon as you get a win is a good idea that leads to preventive measures.

Cashing out as soon as possible and securing your initial stake and going back to play with the winnings is a smart and healthy way to gamble, this way you can slightly avoid the possibility of losing more. But unfortunately most gamblers can't do it, one of the reasons is obviously they find it difficult to ignore the greed that is in them, it all happens because they have excessive expectations of winning so that all they think about is "getting a bigger amount", they think that it is a good situation to act more aggressively, but unfortunately they don't know that luck will not always be able to last for a long time, which ultimately makes them lose all their initial capital along with the amount of winnings they managed to get.