Topic: Gambling mistake repeated by the gamblers - page 22. (Read 6240 times)

And from what I listen to those recovering gambling addicts, it's all about emotion. Not just greed per se, it's everything, when they feel lonely and sad they gamble. When somewhat we feel something is empty or even if we are happy and think that we are going to win big money, then we go online and play or travel to a loud environment, traditional base casinos and see how our luck.

So that's it, everything is base on emotions. However, if we can control or at least make the right decision, not base on emotions, we might get away from gambling or at least not make the same mistakes over and over again.

Greed and overconfidence in gambling are both deadly mistakes for a gambler, but these things exist in a gambler. Gamblers tend to have overconfidence, especially when greed is not controlled. A gambler will make these mistakes despite knowing. The gambler has no choice but to become mentally tough to get rid of this. Both greed and overconfidence will lead to negative results in the long run of gambling. Therefore, a gambler must take necessary steps to avoid such practices. Identify the factors that are particularly responsible for greed and overconfidence and take appropriate action. Gamblers may need to set their limits and give themselves a break if they need to stick to a previous strategy. But all this will be determined depending on the gambling condition of the gambler.

That's the problem. One gambler testified that a certain high multiplier can be achieved then everyone comes running in to try it too. They lose their money in the process because they didn't even try to analyze it yet. Heck, they didn't even question the winner on how much money he wasted before hitting that high multiplier. They will just know everything about it when they are already inside the gambling site and have been losing money way further than what they can afford to lose.
Jumping in without questioning and analysis can certainly be a path to depleting your balance. It's true that it is the fastest way to make some cash but the fact that it is high risk will also remain.
Investing is a good choice and there are several options now unlike before. Cryptocurrencies opened up a lot of doors for us to manage our own investments. Gamble the spare money, and invest a part of the savings.

There's this friend of mine who was into gambling. This guy was introduced to betting and got addicted to it for years, and at this level he has gone into virtual games. At some point, he could use all his money, borrow from others, and even use the one given to him by someone for important stuff. This went a long way for him, and his life was becoming miserable as time went on. But with the help of some punishment and prayers, he was able to reduce it. And today he doesn't do virtual games. In all this, I noticed that there's this confidence he has that he will hit it big, if not today but one big day, and he will stop it with the money he will hit. 
My question was, When is this big day? Yes, you might be lucky one day, but when is that? Is there a guarantee for it? How long will you continue to do this for the big day? It's better to stop today than regret it. 

These types of errors are common, when one has money and has won it in the casino , no matter how little, one has to withdraw because it is the safest for Everything , in this we can see that things can be different, I I have seen many people who always go down the path that seeks to leave money in the casino so they do not have to Deposit more, but what I do see is that it is better to withdraw so that they have to make another deposit again, but have control of the things, that's just because I have seen that it is better, if I have 200usd in the casino, it is likely that I will lose it if I leave it, but it is different if I buy 180usd and leave 20usd to spend, because 180 I can enjoy it , the other 20 that the casino enjoys when it loses.

That is the easiest way to think about , and only then can you have some Money to save or to Enjoy, that's what I've learned.

These were the most common mistakes in gambling being greedy and getting overconfident for sure is going to be repeated a lot of times in gambling probably just because we are just humans and having that emotion is already a huge part of us, there are for sure some things that we can do in order to avoid it, but if you are already on the position its really difficult to resist greed, as long as you already see that you are winning a lot for sure there are a part of you telling you to continue your bet so that you could just continue to win and earn a huge amount of profit in the end, which is probably not ideal because this is gambling and most of the time the bet on it wasn't really going to be worth the risk of it.

Still, we can for sure overcome this kind of mistake, we just need to be disciplined on how we are going to do things, there is always going to be a fight of will especially if you really want to change fight your emotions and stop getting greedy and overcome it, being contented on what you have, knowing your limitation is going to help a lot at times like this.

This is what I felt before I realized that it was all wrong, yes I did this when I got to know the world of gambling. At that time my friend won a big win, at the same time I tried to ask my friend how he could win such a big amount. I thought that if my friend could win with a big win like that, then I could too, and what I thought never happened until my money ran out.

In gambling, what other people have doesn't mean we can get it too, it depends on our luck at the time, and everyone's luck is definitely different. I was already aware of that, maybe at that time I could think like maybe I was jealous because I never got a big win like that. But now I have felt it, and also never again think like what I thought at the beginning.

Everyone has different luck, that is the main point I want to make. We cannot expect our luck to be the same as other people at the same time. Even if there is, it might just be a coincidence and again it cannot be separated from the role of luck.

How can one gamble with confidence? Is gambling really any easy thing? People who don't believe that gambling depends on luck put a lot of confidence in their predictions and when they lose gambling they realize how big of a mistake they made. But at that time there is no profit because they lose what they have to lose. We all know that gambling can win big and we have heard many such stories but we don't understand whether they are our destiny or not but greed gives us confidence. and the result is only loss.

Do they? Exploring this forum, I discovered that martigane strategy is very popular here and probably everywhere. People start betting low and double or go high when they lose. I don't think many people go for the high rolls after the continuous winning but I might be wrong. Overall, being overconfident in gambling never helps, it's too risky to bet high if you are pretty limited by your budget and regular income. If you are rich, then why cares?

How can you withdraw when Freebitco.in offers you 4% APY on Bitcoin? Especially when it pays every day during the bullish market
Overall, it's a good advice but I hope when people withdraw it, they deposit them on their own wallet and not on exchanges.

Many people associate gambling with easy money because of too intrusive advertising, which most often show how the next lucky one pulls off a big score. To everyone's regret to break the big score succeeds only a small percentage of gamblers.

 Gambling is primarily entertainment that can tickle the nerves of a gambler because of the fact that such a game carries a fairly high risk.

About patience I completely agree with you. Ability to wait is one of the qualities that can help make money, but it is unlikely to apply to gambling, because the game session is strictly limited by time limits.

Everyone wants more money, success, everything. Its in our genes! Gambling attracts greed, right? When you win, you want more; when you lose, you chase that win like a dog after a squirrel. Never-ending circle. Gambling is no panacea. You think luck? Yes, but knowing when to leave is also important. Most dont, be honest.

Being able to defeat the house every time is absurd. A fantasy, not a strategy. Winning in gambling requires self-control, not luck. You must be smart. Knowing which games arent worth it will help you win. You cant beat the system. Save, invest, and increase your money wisely. How to win big league.

Greed is always one of the big problems for gamblers, this makes them in a situation of dissatisfaction, instead of being grateful and enjoying the results they get as soon as possible but yes as you said that they even restart their gambling sessions with a higher thrust such as increasing the amount of bets, in my opinion it happens because they experience increased confidence or confidence in themselves regarding winning by thinking that "I will be able to get a much bigger amount than this" or "it seems like this is the right time to act more crazy", and I say all this happens because of the hope of earning in gambling.

While on the other hand it is a fact that the actual win that they managed to get is nothing more than something that came by "chance" that in the end they did win, and that does not mean that when they continue the session with a bigger bet they will win, no, gambling will not always match what you want for the outcome problem, and as we know that there are quite a number of cases where gamblers end up with significant regret when it turns out that their greedy actions end up losing, and in my opinion the problem point is always triggered by the idea or goal of "earning".

It's a trapped indeed, since when you are in the winning side you wanted to push for more that's greed that dominating and instead of being contented and quit your way out to enjoy, you'll choose to stay and keep pushing aiming for more, you only realize that you are doing wrong when you start suffering from losses, when losing streaks start to show up.

You find yourself regretting, almost a good win if you manage to control more on self-control but what more is you'll just keep repeating the same mistake as if you add up more money to re-try your chance, you just do that same mistake, allowing greediness to dominate and failed to control your emotion.

People actually get overly confident in their selves when they probably have wine for sometime, they begin to feel they have known the casino too well and can be able to overcome whatever it is the casino would want to throw at than and such gets them to do much more then they usually do and they end up loosing some more funds and begin to see their pitfall as gambling is something you can never get to good at but you only get mechanism to helping you cut down on your losses and that's what most persons are yet to fully understand.

Always applying your risk management regardless of how much you are winning I'd the best way to staying consistent while gambling but than that problem is that some persons actually apply their risk management strategy but aren't consistent applying well enough, they get to a point they get too confident and begin to gamble the way they feel because they believe they have known the game too well enough already.

Of course, everyone has a sense of greed in different ways, but of course with money, everyone definitely wants more. Even though when you win by gambling, of course there is a desire to get more, and if there is no self-control then it is likely that the gambling will continue. indeed greed is a problem that often occurs with gambling, I think all gamblers definitely experience this, not only when they win, of course when gambling ends in defeat it can also make them greedy and make them gamble again by depositing money. return to pursue winnings or to recover losses.

Of course, winning at gambling is so tempting that many people are trapped by those who want to win, even though winning at gambling cannot be obtained according to their hearts' desires. Winning at gambling can be obtained if we are just lucky, but many gamblers force themselves to gamble because they really want to win, so the gambling they do is motivated to chase victory, not to have fun.

The first mistake that gamblers make is having no source of income, many gamblers have no source of income and they decide to use any money they can get from friends to try their luck. This is not something I heard, it's something I have seen familiar faces do.

Even if you are greedy and you lose everything to gambling, all you need is to go to work the next day, your monthly payment is sure, and this can even make gamblers get mad at themselves, for taking such risks when they know the type of work they need to do to get another payment.

For how long can they keep working and throwing all the pennies away to gambling? It will hurt them and they will have no choice but to reduce the risk they are taking, but it's not the same for someone who have no single source of income, such people end up becoming a criminals, they will have to steal to make money.

An investor must of course have responsibility and be patient in managing his finances. This is what gamblers who make these 2 mistakes do not have. Yes it's true they think that if someone else wins then they can win it too. Even though gambling is not mathematics and we cannot really predict accurately. We know whether someone who wins on the news is truly a lucky man or whether it is just a small victory among the many defeats he has experienced.

But when we are excited or when we have a lot of anger and stubbornness working in our head, we cannot take the right decision. Generally no decision can be taken in anger when it comes to gambling, any kind of decision must be taken with a cool head and a healthy mind. When we make decisions with a cool head and a healthy mind, the chances of making mistakes are less. Too much profit or too much anger never brings us anything good. Excess anger pushes us away from everything and excess greed deprives us of good things so nothing is too good. Of course there should be an expectation of profit but it should not be excessive, because we often lose our capital while expecting excessive profit.

One of the most challenge and difficult thing that gamblers always come across during gambling is because of the atoms of greediness most are so much greedy to the extent that they don’t even want to think about loss anymore even when they are losing they still believe they will get more and more. Yes of course that is right but we need to work with reality. This is gambling is not really advisable for a gambler put so much trust on Betting it is always advisable If you have make a little profit or you need to do stuff for why you take a brake  before I start again there is no shortcut to gamble success Gambling is always a process if you don’t take notes on the process and in a hurry, you definitely lost everything that you have gone from your previous gambling. Sometimes, when you’ve noticed that you have made profit in your portfolio from the little Cash, she started gambling with, you always feel like making more making more. That is how it is but the rules of gambling is dumb. Could be greedy don’t be emotional understand before you take any step I have passed through different problem concerning gambling. I was making a good profit. This was last year after then I decided to keep on putting more money, putting more more money by the end of the day I end up losing all my deposit, including my profits, yes, we all know that everyone intention is to make money through gambling, but the atom of greed might be a problem

Greed is one of the main problems of people who gamble or play in casinos or place bets. Moreover, greed can come from both sides. The first situation is what you are describing, when a person wins several times in a row and greed appears about missed opportunities and insufficient profits. The second moment is the opposite when a person loses several times in a row and loses money and greed begins and the person wants to win back and begins to lose even more. As a result, greed can manifest itself in different ways.