Topic: Gambling Management - page 15. (Read 3883 times)

Yeah! it's really hard since it's a game of excitement and people mostly won't be bothered by their priorities once they see that they are still capable of betting until they lose it att. That's why it's not recommended to play when you are not capable enough handling your emotions when it comes to lessen some hype whenever you are playing and only a few people are capable of stopping whenever they observe and speculate that they are not getting back their money once they lose and they might not get another chance to earn it back again. that's why they are always vigilant and not affected by any hype, unlike the common folks who only realize they are making wrong decisions one their money is gone.

We are just trying to trick ourselves because in real life it doesn't happen most of the time. if only it's easy to win our bet on the first try, then all of us does not loss in gambling. The thing is, even if we win our first try, withdraw the capital, what would happen if we lose our winnings? of course we will deposit again, and would that guarantee us that we will win again from our initial capital?

More people experience losses than luck, which is why withdrawing initial capital is very important, and the profits obtained can be used to gamble again. The initial goal of gambling is to have fun, so that you can get pleasure, you must have good emotional control. There are also many people who focus on one goal, they gamble only to make a profit because they think it is easier without having to work hard. If the money from winnings is used for deposits and increasing the number of bets, then it is not a problem because it does not make us lose.

Majority of gamblers are losing their money. There might be few who are able to win a decent amount but we don't know how much they already spent in gambling before such win. Therefore if you are one of the lucky gambler who's given a chance to experienced it, be wise not to let the casino get it back from you.

Indeed. There's a house edge making the casino to have an advantage over gamblers. It's a business that will continue to operate when gamblers are losing money. Thus keep in mind that it's a game of luck so manage your time, money especially your emotion when you gamble. Don't expect to win and be prepared for having losses since that's likely to happen.

It all depends on the goals that the player sets for himself, if gambling for him is to earn money, then he needs to withdraw earnings once a week or once a month, make this a rule, of course, if there is something to withdraw, if he managed to get a profit.

But if this is not the main activity, but more like a hobby, then it is quite possible to play to increase the game deposit, so that in the end it will be possible to increase the size of the bet. If the deposit is not large and the player bets no more than 3% of the deposit, then in order to increase the bet, he needs to increase the gaming deposit. You can leave your winnings and the deposit will increase.

What do you do after you have exhausted your profits from your initial winnings? And what happened if you don't win for sometimes?
I you don't go home so you would still have to stake with your capital. Meanwhile... Don't be over excited of counting profits when you win your bets because at a summary of your gambling, it is possible that you are still loosing to the gambling even though you made a million dollars winning. Although winning is something one can't be ungrateful about. I am just saying so that when you win, you can as well save some money from your so profits and technical you are retrieving your losts hence you make some savings from your profits.
My warning to you is that... Do not dare challenge the gambling Casino that you must make count of profits while on stakes else you would lost from your budgets and reputations.

When a gambler gambles even after winning in a specific session, it's barely because of pleasure but it's mostly out of greed. They feel that if they could win this much, they can probably win more, and with that hope, they gamble with what they have managed to win already and eventually lose it back to the house and then regret that they should have withdrawn it instead of becoming greedy and trying to win more with it.

This is what most gamblers think when they win, I don't say it's for all because there are gamblers who stop right after hitting a big win because they are responsible and they understand that if they continue gambling, they will lose what they have won so it's better to stop and withdraw the funds at the earliest.

That's right, most gamblers always feel that a winning streak is a good situation for them to go on an even crazier spree of "risking much larger amounts", greed plays a role in this situation and the hope of getting rich instantly makes them even more eager to do so. In fact it is difficult for a gambler to make wise decisions when they are in a state of dominating excitement such as being on a winning streak, and this means that winning and losing situations are actually quite dangerous situations if you gamble without having a true understanding of what gambling really is in the sense that you are too "tempted" and too focused on winning, which when the situation is winning then you will continue to try to multiply the winnings by putting a larger amount, and when you are in a losing situation then the feeling of "curiosity" will continue to push you with the thought "once again, surely I will win this time".

On the other hand greed is always the initial problem for surprising results that are far from what they expected for most gamblers, and in my opinion only when you are able to become a responsible gambler then you will be able to make some wise decisions such as cashing out when you are in a winning situation and stop rowing when you lose, you will be able to do all the recommended actions easily when you do not ignore the idea that gambling is a "risky" activity.

That's right, I agree with you, we don't have to focus too much on gambling, because that will only make us lose control of ourselves and make us spend money just to win. and if we only think about winning then perhaps we have forgotten the statement that this game depends on luck. because if we are aware that we can see that gambling is completely dependent on luck, perhaps we will not gamble too excessively. Unfortunately there are still many people who are not aware of this, many of them ignore this. Many gamblers who focus on winning experience quite large losses and it is clear that this is detrimental to themselves, but subconsciously they may still spend a lot of money on gambling that should not be excessive.

The best choice when you get a win is to cash it in, because that is the only way to realize that winnings are difficult to get, so we should be able to do our best with the winnings we have obtained. Don't continue gambling again by increasing the bet amount which is likely to result in a loss. the victory that has been obtained is lost again. As much as possible, you must be able to take advantage of the wins you have obtained. and considering the fact that the home side will always win, the home side's advantage cannot be denied, therefore we must be able to make the best use of the win.

Unfortunately this is very difficult for the average gambler to do, and this is because once they are experimenting a winning streak they believe this is the opportunity they were waiting for and they do not want to let it go, so instead of choosing the most prudent path of action which is to withdraw part of their profits, what they do is to increase the size of their bet with the intention of maximizing the profits they could obtain, a move that often backfires and makes them to lose money instead.

Managing your finances and setting boundaries on how much you're ready to spend is a vital aspect of responsible gambling. Having a clear plan for how you will manage your money will help you avoid getting caught up in the present and making rash choices. Taking breaks from gambling might also help prevent addiction. It gives you time to reflect on your behavior and make sure you're not getting in over your head. .

It is impossible for anyone to know the game that he would win, if not that person will use a big amount to stake so that he can win big. What I want to say is that we shouldn't be more focus on winning, if not we might forget that gamble is a game of luck, and not by our skill which makes winning to become hard.

The best thing to do is that, when you have won, you can quit the game and relax, so that you don't continue gambling and lose all the money back to the casino. This is because we cannot just keep on winning, instead we would win once in a while and lose more. This is why one should use the amount that will not affect you emotionally to gamble, so that when you run at loss, you wouldn't be disturbed or feel bad towards gambling. Know when to quit, and know the amount that you can afford to lose, to make you enjoy the fun in gambling and live healthy.

It will be always not easy to manage the finance. It depends on the gambler whether they have the ability to manage the finance or not. I'm sure not every gambler has a lack of ability in managing the finance. If all the gamblers have bad way in managing finance, there will be professional gamblers and experienced gamblers. It is because the gamblers won't last a long time in gambling if they can't manage their finance well. Sure, it requires discipline and commitment of limiting the amount of money to use in gambling. Yes, only people who has a good self-control to succeed in managing finance. People who are easy influenced and emotionally, probably fail to manage the financial.

There is no feature of limiting the amount of deposit. All online gambling sites are always welcome everyone to deposit as much as possible. There is no advantage that the gambling sites to have the feature of limiting the funds of gamblers. The more funds of gamblers, the higher chance of the gambling sites to earn money. 

“They just remember it, don't understand it.” Because if they really understand the rules and risks in gambling, then they will never ignore these rules and risks, where they will continue to try to continue playing responsibly and control their gambling activities and emotions well.

When gambling, it would be better if you only focus on trying to win the gambling you are doing, not chasing previous losses. and to prevent greater losses from occurring and falling into impulsive behavior, we must truly understand the limitations we have and also be able to limit ourselves from gambling activities.


Yes, everything is not as easy as we imagine, while the results are not as good as we hoped. Gambling really cannot be predicted with certainty what the final result will be. However, when we are given the opportunity to get lucky with a number of quite large wins, we must be able to make the best use of this opportunity. and to protect ourselves from impulsive behavior that only causes losses, we must at least have a priority scale, and gambling is not our main priority because it is just entertainment.

Casino is just casino, not bank. Online gambling platforms commonly offer tools such as deposit limits to promote responsible gambling behavior. These tools allow users to set restrictions on the amount of money they can deposit into their accounts within a specified period. I think online gambling platforms arent willing to take a risk on big deposits of their users, this is why limit is impostant. By utilizing these features, gamblers can effectively manage their spending and minimize the risk of overspending or developing gambling-related issues.

Withdrawing a portion of winnings during a winning streak is a prudent practice to safeguard profits. Gambling outcomes are inherently unpredictable, and a winning streak can quickly turn into a losing one. By withdrawing some winnings, gamblers ensure that they secure a portion of their profits regardless of future outcomes. This approach promotes financial discipline and helps prevent the temptation to gamble away all winnings impulsively. Leveraging deposit limits and withdrawing profits during winning streaks are integral components of responsible gambling behavior.

Well, you're right with your submission but if you observe closely in your first paragraph, your points justify it more why gambling can not be a reliable means of income. Let look at it from this perspective, perhaps you will get the angle I am talking from. Let assume you have no any other sources of income to survive aside gambling and you have $1k that you intend to gamble with in order to sustain yourself. Remember you are going to feed, do other things and still gamble from this money. Luckily, you manage to increase the amount to 5k within a month while you continue to feed from and all of a sudden, gambling decides to show you it's negative side and you slide into losing streak for complete a month. In this month, you are feeding from the money and still losing some part to gambling which left you with less $100. At this point, I know you'll feel devastated and confused on whether to continue gambling with the remaining money or to buy more foods. If you choose gambling, there's a possibility you will lose it all and if you buy foods, what will happen if it finished? You'll eventually agree that gambling is not a stable source of income. I know this explanation is not perfect but I hope you grab my point. The point is no matter how profitable gambling is, it can not sustain one for long. Hope we are not deviating from the main topic of discussion, let end it here.

Managing finances can be very challenging. This is disturbing because a gamblers inability to manage finance can significantly impact financial decisions. When emotions like excitement, fear, or frustration come into play, they can cloud judgment and lead to irrational choices, potentially resulting in financial losses. Managing gambling funds requires discipline, self-control, and a clear understanding of one's limits. To control gambling habits it is important to consider using a separate bank account or e-wallet specifically for gambling funds. This can help a gambler keep track of his gambling expenses and prevent him from dipping into his regular finances.

I don’t know if there are online gambling platforms which offer tools to set deposit limits and there are then a gambler should take advantage of this feature to restrict the amount of money he can deposit into his gambling account within a certain time frame. It is important also for a gambler to withdraw a portion of his profits When he has a winning streak to secure his gains. This ensures that the gambler doesn't gamble away all his winnings.

The management can rarely be performed for the simple reason that a human being simply cannot control all the feelings and emotions which one way or another impact the management set at the beginning,that is why also managing gambling funds is extremely difficult to achieve.

If you can't manage it then everything else will make you go only south in the long run as the problems will only arise and become bigger if you use more money than that allocated.

Gambling management is very important think how to control or manage well with fund allocated for betting, some gambler have limitation with how much money deposit in gambling account and not excited to redeposit fund when get loss in gambling.
Depend get big win or big losses is not really important yet during have limitation with much maximum fund using for deposit and get limitation amount for withdrawing if can get chance big win.
Its good way with your money management in betting, firstly secure your capital by withdrawing it and use the profitable earn for betting but I think you can stop awhile and withdrawing all your fund after raising bigger winning in gambling then come back tomorrow.

I've seen it many times: people get excited about a probable win, just to lose. Gambling "strategy" is a myth and wishful thinking. Bankroll management is often discussed but rarely performed. Not only should you minimize your spending, but every penny gambled is certainly a penny lost. Chasing losses? A recipe for despair. Gambling should be seen as enjoyment with a cost, not an investment.

Lets not ignore gambling's psychological trap. It exploits optimism and the excitement of "what if," leaving many regretful. Responsible gambling requires self-awareness, addiction recognition, and the willingness to stop. Remember that leaving is brave.