Topic: Gambling Management - page 16. (Read 3883 times)

The randomness applied by casinos to every system in the game will thwart all the plans and strategies you have so of course simply if it's time to lose, you will still lose, gambling is not something that can be learned because this activity is built only to try everyone's luck and nothing more than that so it is natural that there is absolutely no consistency in terms of winning because it will only happen when you are really in a lucky situation. On the other hand yes I quite agree with your idea that actually the strategy in gambling will only be influential if the strategy leads to preventive measures such as financial and time management and also limits expectations or expectations, and not to pursue something like winning because still as I said above that there is no certainty in gambling plus all systems run randomly to determine who will win.

This is the reason why it is always recommended to treat gambling naturally by always making decisions on your own abilities especially in terms of budget allocation, and yes healthy gambling is when you are able to manage everything well and not exceed your limits.

You made a good point. However, the focus should shift beyond the house edge and randomness. Player discipline and mindset matter. No strategy guarantees consistent wins? Correct. Strategy is about time and money management, not merely beating the odds. Bankroll management, realistic boundaries, and psychological traps are key. They promise control, not money. Control over decisions, emotions, and gambling. Healthy gambling involves self-awareness and educated choices. The real victory is not defeating the house, but not letting it win

I quite understand you and you are right, it's all about how we view and define it. Some could measure it periodically, while others could view it in the long run, and what the account history states would be the decisive judge in this regard. Besides, I love the way people are now talking about sports betting, it is actually the best. I got to discover this myself and I have been so kin with it as I risk more than 95% of my gambling money to it and 5% to the casino section. Do you know why? It's because I am the kind of person that faces reality as fast as possible and I do not need people to point my attention to anything before I get to discover it and adjust as quickly as possible. Due to this, I've always known that money-making can be realised easily in my sports betting while casino betting is always related to my fun and both have been great in performing these tasks since years ago. This is actually what is helping me not to have any regrets in gambling and once I bet well and carefully, and also manage my gambling account very well, the rest will always be a good story.

Now back to the argument, I love it better when we judge our success with the long-term view, though the period times like the daily, weekly, monthly and so on can be good as well, nonetheless, one thing we should know as an issue is that it could mount pressure on us when we are losing due to our expectation periodically. This had happened to me before when I had good weeks of gambling but when my gambling was at a loss in 2 weeks I started having the emotions. But the moment I stopped evaluating myself periodically but cared about what my portfolio states at a random long duration of time, everything changed and I had to be stable and in profits even though it is not a huge profit as many would want it to be, but notwithstanding it is still better than losing.

Absolutely, you've captured a fundamental truth about gambling. No strategy can guarantee consistent wins, and many strategies, if relied upon too heavily, can indeed lead to significant losses. This is because most Casinos and bookmakers always have a built-in advantage in their games or odds, ensuring that over the long run, they will make a profit. This means that even if a player employs a strategy, the odds are in favour of the house rather than the player. For example, in games like roulette or slot machines, where outcomes are purely based on luck, no amount of strategy can alter the odds in favour of the player.

While some strategies may seem promising in the short term or specific circumstances, they often fail to account for the inherent randomness and unpredictability of gambling outcomes. Moreover, factors such as variance, bankroll management, and the psychological aspect of gambling play crucial roles in determining success or failure. It's important for individuals to approach gambling with a realistic understanding of the risks involved and to gamble responsibly. This includes setting limits on both time and money spent, avoiding chasing losses, and understanding that ultimately, gambling should be seen as entertainment rather than a reliable source of income.

Oshosondy you were never alone in this, I have also experienced the same level of greed before, where I won almost 10x and instead of giving up and move with the winnings I still persuad myself to take more bets hoping to win more and at that level I am always carried away to bet all the total balance in my wallet hoping to hit the final big amount.

This kind of thinking is what makes one to become either addicted or loses and run into depression because you will blame yourself for not taking a bow and walk away when you won a series of your bets.

You are greedy, accept it that you are, and I don't see you coming to your right senses just because you are risking money on gambling from your previous games which you won.

Are you telling me that you will always win? If you target to continue gambling is from your previous games it won't always work out because you can't always win, and mind you, how is this helpful for your greed?

You are not talking as if the greed is a bigger problem, which to me it is, you need to find another plan, make some money, and risk some percentage of that balance on gambling, when you lose you should get your ass out of the casino, if you don't practice this right now, you will become a addicted gambler pretty soon or maybe you are already.

Using money from previous wins won't safe your ass, because your previous games can't always be win win all the time, that's a big white lie.

In fact, basically there is nothing wrong with the point you are saying, but each person or gambler has different ways and patterns in gambling based on their experience. whether OP or your opinion, there is actually nothing wrong from my point of view. It's just that, I tried to see it from various points of view from the OP's side. The point is, OP has learned and changed his habit patterns. At least if I refer to what was said in this thread, the OP is risking money again from the results of previous winning bets. he also claims to be able to save his initial bankroll, well that's better than OP risking it all anyway he can start over with another game if he wants. there is a change in the pattern of the OP's habits, and based on my experience, the OP will rediscover other patterns or, as the title of this thread suggests, gambling management for him.

As for being based on opinion or you could say it is based on your point of view, there is nothing wrong with what you say. I really understand the points you convey in this post. especially if we win a betting session, it is better to stop it rather than continue it. however, each person has different ways of finding pleasure in gambling, and we cannot apply the same pattern and one of them like the opinion you said. For me personally, the most important point is, knowing the limits of my abilities and how to be responsible for our gambling and not forgetting to involve self-control.

Of course, I'm not. Maybe we differ on the definition of stable because what I understand about stability in a gambling perspective is not winning daily or weekly, but at least you'll end up winning in the long run. Just like a casino, they don't win on a daily basis, but they win in the long run. I know it sounds impossible for most of us, but there are people I follow doing sports betting, which they call pros, and they are showing how profitable they are.

Sometimes they will have a losing streak, but since they have a decent bankroll to withstand that kind of situation, they were able to recover until, in the long run, they will still end up profitable. If you live within your means, I think you can survive with your gambling income, considering you are profitable.

        -    Well, if I go by your story, you kind of show that you get greedy when you get lucky or win when you gamble in a casino. Think about it: if you know you're going to win, then you bet on your winning price because you expect that if you win, you'll get a lot of money.

If you know you have won and it is not easy to win in one day, you should stop instead of continuing. Maybe you should change your style, mate. It's not a good habit either, and don't you notice that you've experienced it many times and you just do it over and over again, or maybe you just don't notice it?

Indeed, no one can accept loss in any case, especially if it talks about money problems that we know are all very sensitive things in life. But this is a life in which there are pairs of couples, victories are paired with defeats, and losses are paired with gains, these things cannot be separated from each other and once again cannot be separated.
An addict will always think of victory and winning, no matter how much money they spend, they will continue to pursue it. And in fact once they have won a large amount of winnings they will not stop. They will go back to using the money they got to gamble again and believe me only a little money they can enjoy from the winnings because most of it will be lost because they use it to gamble again. I often see this from some of my friends, or if they win and stop for a while then they will spend the winnings in a very short time because they will go on a spree. Habits like this cannot be stopped because in fact when they are addicted they will be difficult to let go.

Unless you win a jackpot that can transform your life probably, you don't expect to save penny in gambling. Gambling is not an investment and you can not completely rely on making profit to save your capital and start betting with profits unless you don't intend to stay long gambling which is not always the case. Gambling funds work in a circle like you deposit - win-win - los - win - lose - lose - lose and you deposit again. This is not always the case but in most cases, this is how it looks like. The buttom line is to play responsibly and don't allowed to be controlled by greed.


Are you being sarcastic here or you actually mean this? PythagoraZ wasn't talking about being successful in gambling but rather, he's talking about making it a stable means of income. Being successful in gambling is of course very possible but you can not definitely make it your stable source of income. The word "stable" means steady and continuous. Your winning in gambling is not always guaranteed no matter how expert you are, this automatically make it impossible for someone to rely on it as their source of income.

Cannot? That tells it's impossible, I beg to disagree with that as I believe it's possible but chance of making ourselves successful is very slim. So let us not use the word cannot or impossible.


10% is not so high with low income people. honestly, I'd rather gamble using a decent bankroll on an occasional basis rather than doing it monthly with a bankroll that doesn't bring a lot of thrill in my gambling session. I find it a waste of time and I might only be wasting money even it's little by little.

What you say is correct, someone who is addicted to gambling will of course carry out the same actions without thinking about the negative impacts and they may also not think about the losses that have occurred. and this is what is said by impulsive action. consciously or unconsciously they still do it, but every now and then I think they can see this, but when they see or think about this they often still ignore it because they are still defeated by the feeling of wanting to win big at gambling. So it can make us do it continuously and making finances messy where we can spend a lot of money because of the encouragement of the hopes we have.

Anything related to money is sensitive, especially since every human being is dissatisfied or greedy with money. If we can't accept the losses that will inevitably occur in gambling or make a big deal about it then what you say is true, it will only put us in a cycle of addiction and the rest will be big problems again such as losing money by chasing losses, this is not true, as best as we can must be able to accept reality and not question the defeat that occurs. that's what must be done.

Yes, because gambling cannot be used as a stable source of income, management becomes difficult. One good way to manage gambling is to set a budget limit for gambling, such as 10% of your monthly salary or other percentage. We cannot determine how much profit we will get because there is no guarantee that we can win, therefore we need to determine spending limits because that can be determined

But it's best not to expect too much from gambling, because often we don't get wins but continuous losses which will worsen our financial condition

We gamble to net significantly profits at the end of the day but it's not easy as we say it, instead we become the rapper  Gambling management is not easy task to accomplish because there are tasks to lay down for most of these projects. We worked so hard to put food on the table and it's appropriate to make proper spending of your bills today and also the ones that will be tomorrow. Gambling is risky and mainly for those that's not facing any struggles because what one needs is stable source of income and not the other way round.

The role of mentality and self-control is a critical aspect of gambling that often goes overlooked. Many gamblers may understand the risks and rules associated with their chosen games, the real challenge often lies in maintaining discipline and managing emotions during the ups and downs of gambling. Losing streaks can be frustrating for gamblers, because emotions can cloud judgment and lead to impulsive decision-making. This can manifest in behaviors like chasing losses by increasing bets or attempting to recoup losses through risky maneuvers.

Maintaining proper self-control allows gamblers to make rational decisions based on sound judgment rather than succumbing to emotional impulses. This involves setting limits on both time and money spent gambling, as well as recognizing when it's time to step away from the game. Learning to accept losses gracefully and approach gambling with a sense of detachment can help mitigate the negative impact of emotional reactions.

A good idea, it is an algorithm that is applied to gambling systems especially in some types of gambling that are purely based on luck such as slot machines for example, where bets are randomized to determine who will be the winner and who will lose in that session, and with this it is clear that whatever method you use such as a strategy or some pattern that you believe in, it will actually have no effect at all and has nothing to do with increasing the chances of getting a win. Everything is set up in such a way by the casino and overall they set up that the winning percentage is much more difficult than losing.

This is the reason why many people say that losses are always more frequent than occasional wins, obviously because the system is designed to benefit the house and maybe the gambler only gets a few wins which is actually the purpose of the casino providing the winnings is nothing but to attract gamblers to return to betting which many even overdo it. Therefore as you suggest that it is best to gamble in moderation, reasonably and to the best of your ability, due to the fact that you will never know when you can win and it is better to pay attention and emphasize yourself to focus more on many precautions.

Sure, no strategy can guarantee the win for gamblers every time. Since most gambling games rely on the luck, we can't raise the chance to win in gambling. That's why we don't expect too much to win the gambling games. Even martingale strategy won't work in gambling games, it only increases the chance for losing more. The most effective strategy in gambling is to limit the funds and stop it temporarily when we win good prizes. We don't try to be greedy in gambling because it just leads us to losing severely.

I think most gamblers understand the risks and the rules. But the problem is on the mentality of the gamblers. Many of them have no good self-control. They are easily influenced by the games, and become too emotional when they lose. This sometimes make the gamblers play with no proper way. They often double to funds to catch the win and trying to fix the losses.

That is a wrong perception, because it depends on what type of gambling is being played. Not all types of gambling are played entirely by a system. When talking about slots, lottery and other similar gambling, it cannot be denied that a person's winnings are regulated by a system, and only people who are lucky enough will get it. But when we talk about card gambling and soccer betting for example. In card gambling, players' wins and losses are not only influenced by the system, but also by the skills we have and our opponents. Especially when talking about football betting, when talking about the final result there are many factors that influence it, one of which is the condition of the team we support.


There is some truth in what you say, because when someone is not able to calculate himself well, he will be very vulnerable to experiencing a series of disasters. and it is quite important to be able to understand that in gambling, the goal is to win the game, not to get back what was lost in the previous betting session. And feeling frustrated because you are unable to accept the final result of a bet is an early sign of a bigger problem. Therefore, it is important for us to always understand the rules and risks of gambling before deciding to play, while recognizing that in some cases, luck plays an important role in the final outcome of a gamble or bet.

On the time that you would really be instilling it into your mind then you are just basically be making yourself that getting desperate and this is something that should be stopped as early as possible.Why?
It would really be that making those acts on which that makes impulsive approach and would be losing up your control and you would be spending like a mad man. Management? This would be particularly
pertaining about money because this is the primary thing that would really be affected on the  time that you would really be dealing on it on too much manner. If you wont really be
that making yourself that be mindful about your actions then you are just basically putting up yourself on such risks of addiction.