Topic: Gambling mistake repeated by the gamblers - page 17. (Read 4767 times)

Yes, and it is more than just time management; it is also about recognizing and managing one's emotions and compulsions. One of the disadvantages of gambling is that it may be extremely addictive, not only because it is enjoyable, but also because it is designed to activate our reward centers and make us want to continue playing. This is particularly applicable for online gambling, which can make it even more difficult to control how much time we spend. Furthermore, the ability to play from the comfort of our own homes makes it difficult to resist the urge to bet.
It's critical to realize when you're losing control and take action to seek help.

I don't think that in gambling it will have a mistake correction whenever you are gambling and is very difficult for me to identify my mistake that you have acquired the skill of gambling very well so therefore I believe that the gambling is a game of luck, you can say the protocols of gambling and with that you can be winning gambling constantly.

I agree, in my case I do have time limits in place as well, however as I mentioned on my previous post, this can difficult for many gamblers to do at the beginning, as they are enjoying themselves so much when they gamble that they do not feel time flying past them, and this can be very dangerous, since even if a person did not lost too much at the time, even if they gambled for long, there is no way to know what it may happen next, as huge losses could be incurred if they happen to be unlucky during their next session.

One of the main mistakes in gambling is the lack of risk protection. This often combines everything else into itself. If you have a win that breeds greed, then ask yourself how random your win was. I think that if you think about it carefully, you will realize that this is an accident. I would recommend keeping detailed statistics of wins and losses. If the number of winnings is 50% of all bets, then in the long run you will lose money. Greed will only hasten your defeat. Excessive confidence is essentially the same greed, which is based on poor information about the statistics of your defeats.

Sometimes it's not about money, but you are considered to be an irresponsible gambler if you also don't limit the time that you spend on your gambling activities which means that you can't spend the whole day in the casino and then say that you didn't lose a lot of money because you have lost a lot of time and as they say, time is money.

So when someone gambles, they need to make sure that they have a limit on their gambling budget but they also need to make sure that they have a limit for the time they will spend in the casino as well so that they don't spend a lot of money and a lot of time on their gambling activities like any other responsible gambler in the community.

Do you know that gambling doesn't have a particular strategy you can use and gamble and continue to gamble always, the thing in gambling is that before you gamble you should know the measure you use, because sometimes some people gamble without knowing that disadvantages of gambling is higher than the advantages, if you plan for gambling and you are not addicted on it that will help you to achieve other things that is related to gambling, and secondly, when you gamble continuously in gambling you will be thinking to make all the money you have loss in gambling.

Gamblers make the same mistakes every time but they realize that it is as if greed has forced their minds to look for opportunities to win in that gambling pattern, they have to get out of the betting zone which can harm themselves and they have to believe in luck rather than reading game patterns that can trap gamblers , I have reminded several friends to gamble with caution because they have gone through a detrimental gambling journey due to ignoring important warnings to avoid confidence in betting and greed.

Something like this do happen to me frequently, sometimes after winning some money, I will have the mindset to increase the amount I have won, in the process of increasing it, I will be losing higher percent of the money I have won, I will be left with just little amount of money. When gambling and you win some amount of money, the best thing is just to take your win and stop gambling for that particular period of time, trying to increase your win might end up leading to you losing all the amount you have won, be satisfied with the amount you win, and after winning, you can just stop gambling for that moment.

That is an on-point advice. Confidence can enhance enjoyment and focus during gameplay, but it needs to maintain a realistic understanding of the inherent risks and probabilities involved in gambling activities. Initial wins in gambling can sometimes lead to overconfidence and unrealistic expectations. It's common for people to attribute their early wins to skill or strategy rather than luck that leads them to believe that consistent success is achievable. Acknowledging the role of luck and understanding that gambling outcomes are largely unpredictable can help temper such unrealistic expectations.

Easy money in gambling is often a misconception perpetuated by sporadic wins and selective memory. In reality, the gambling industry thrives precisely because the odds are stacked in favor of the house, and consistent profits for players are rare. This is because the profitability of the industry relies on the collective losses of players. If people understand this fact, maybe they would maintain a balanced and rational approach to gambling.

Mate I can tell you that's a very difficult attitude to create especially when you are gambling, do you know that the more you pick the higher you can win and you can win with as low as 10 naira which is less than 0.05 cent, imagine winning 1 million with 10naira cool right, thats what they say in their advert that shit is just to spark your greed 😁.

And I think the whole point of gambling is trying your luck, so why not try with more picks so you could win more. Yeah if you can gamble with control over your greed than you shoudk be a king of betting and I'll advice which ever company that us your host to close your account, you came to wreck them.

Right, and maybe I will add that in addition to being confident and being realistic you also need to be rational in looking at gambling, no other than because a lot of people become victims where at first they only focus on one side such as multiplying the money they bring or only focus on winning so that it seems to rule out the possibility of defeat that can never be separated in gambling, so of course the idea or idea of earning in gambling is the wrong idea.

What is worrying is that most of the novice gamblers these days only focus on one side as I mentioned above, namely they only focus on winning and that is the first reason they come and get involved in gambling activities with the initial scenario maybe they see the winnings achieved by other people or one of their friends who have already been involved in gambling so obviously they will be very tempted to see the big wins achieved by others which in turn makes them get involved in gambling without making any previous considerations such as thinking rationally in responding to gambling. As you said, they think that money is easy to make in gambling, when in fact it is nothing more than a lure or temptation from the casino so that gamblers can act more excessively, or simply the casino hides behind the opportunity to win, which is actually the goal and intention of the casino is to take a lot of profit from gamblers who lose due to misunderstanding gambling and too much, and the point is that I think there is little chance for you to experience the bad effects of gambling if from the beginning you are able to think and consider everything rationally.

Being confident and be realistic, that's how you deal with gambling. You were just lucky that time, and that overwhelmed you a lot thinking you can do it again, thing like "easy money" usually came out on our mind after the first success, but if we analyze deeper, we will realize that there's no easy money in gamblnig, otherwise, this industry is not that huge as casino will easily close shop.

Yes, in terms of taking opportunity to bag decent amount of profits if you are not greedy you can think well and you will be able to decide to quit with porofits in your hands, unlike if you got dominated by greed instead of quitting but instead you'll ask for more and will push to aim more money, you only realized that you made a mistake once you already lose everything back to house.

It's important to work with how you project your target profits and make sure that you'll stay on it, else, you'll just continue to repeat same mistake over and over because of your un-controlled greediness.

There was a time before that I managed to take home a good win out of desperation because I had a financial problem.

I became overconfident that I would be able to achieve it and after several hours of playing, I managed a good win and solved my financial problem. That was a lucky day for me so I can say that it was not a mistake when I turned into being overconfident that time.

My further gambling session though didn't end well that's why currently, it might be a mistake now to consider being overconfident in gambling.

This idea of withdrawing from your account from time to time is a good one. To avoid losing to much or giving back some money to the house after earning it.

Getting overconfident or losing it all in a bad day happens too. The best way is finding tools and strategies to protect yourself from your bad decisions

It is completely natural for a player to change bets during the game, a large number of players do this, although they did not plan for it. This is the subtle psychology of the average player, which gambling companies have studied very well. Surely they have a large database and analyze where they earn money and through which games, but they are also interested in new strategies from players who are not standing still and whether they can be successful, because not a single establishment will allow itself to be beaten.

In general, how a player starts playing and gradually falls into aggression has always aroused my interest, this happened to me before and I think that if I start playing again it will be the same, so I decided to give up the game for a long time. I don’t want to borrow money from friends to play again, and I know very well that this will happen.

Yes you have said it that it is not entirely the casino that makes the gamblers lose, because even though the gamblers have won but they have done some actions that are not recommended such as applying greed which ends up losing everything they have earned, and obviously this means that most of the blame lies with the gamblers themselves, so of course it is an absurd idea if there are gamblers who try to blame the casino in any way such as making accusations. On the other hand yes I do agree with your idea that gambling is likely to ruin your life in many aspects when you treat the activity wrong, as I said above it is wrong thinking and wrong action to put too much seriousness into what is really nothing more than a playground, the problem is that there is always the possibility of risk that cannot be tolerated.

Gambling is for everyone but not everyone can really treat gambling as suggested, so in the end there is an addiction, it's quite natural because basically the victory in gambling is money and we all always need money, but the problem is that they don't really understand that gambling is not a place to make money because all wins will only happen by "chance", one of the reasons is because from the start they only focus on the idea of "winning", they don't really understand that all of that is nothing more than a "possibility" which means it can't always happen.

This is the most common mistake made by players who initially planned to win or lose a certain amount, and then during the game they begin to change their own established rules and their approach to the game with bet sizes. The point here is that the player simply does not want to stop and cannot tell himself to stop. He wants to continue to experience thrills while playing, getting adrenaline and endorphins.

I used to not pay attention to this when playing, but now I have stopped trying to adjust my bets because it completely disrupts my strategy. I prefer to take my time and think carefully about making my next bet. Probably someone will tell me that this is very boring and not interesting, but I find interest in finding interesting and good strategies for myself, and not in order to experience bright emotions jumping from one bet to another, while I have absolutely no control over it.

I think what you are experiencing can be said to be greed controlling you, the reason is that it is clear that at the beginning you targeted a win of $50 but you wanted to win even more to $60 and instead of $60 you got instead you had to lose $50 that was already in your hands at that time, if you could stop it then you could enjoy your $50 win. And the interesting thing is that you do the same thing every time you play, promising not to repeat it again and the next time you make the same mistake.
I guess you're not the only one who has experienced this, I have too. Indeed, the urge to get a bigger win will always be there when we already hold a win. If we can't control it and follow all the urges that come to us then it will turn into a loss that we will feel. I'm sure there's also a sense of regret as to why we didn't stop, but everything has already happened and that regret won't bring back our previous winnings. What we can do is not to do it again next time. We should be able to use it as a valuable lesson, but I can't deny that it is a difficult thing to do.

it's sad to say but it's true, there were a lot of incidents like this before but why don't people learn from some past mistakes? maybe also because they expected a bigger win, in most cases like that, they are the bigger losers because they were given the opportunity to withdraw the money that they have but they missed it. No matter how many times we say things that shouldn't be done, if the person you are talking to has a closed mind, All your advice will be thrown away.