Now comes another important part. Since the gambler is clear is there to make money he should have a plan, the quit plan and the take profit plan plus the loss measurement meaning the loss which he is willing to bear. Having all things crystal clear will mean that he will end up making money through gambling.
You're right, gambling without a clear plan is a waste of time and your money, some gamblers don't know if they're gambling for entertainment or there to make money and this make them confused. Instead of to stop gambling when they're losing, they'll keep playing.
But that's a wrong way of gambling and should be avoided, don't follow the crowds.make sure you know why you're gambling and don't be ashamed of it when others are gambling for entertainment and you're there gambling for the purpose of earning extra income to assist you.
Gambling can be used for both entertainment and as a source of receiving money, don't depend full-time on gambling because you won't win everyday but you can use Gambling as a side hustle to assist you bring income and when you success you can move on to investing.
Actually there's no need to plan or making those complicated insights and considerations before you do play gambling.Just make use of your own common sense and self awareness on how things should be treat up.
We know that gambling is for fun or form of entertainment then it is really just that right that you should only spend on the amount which you can afford to lose and never ever consider on adding up more
just because you are really that putting yourself in harm in talks about finances. You wont really be needing to be that too technical or really that get serious on dealing with gambling which you would be needing those steps
or whatsoever correlated to it and just like i have said that you do only need up that common sense so that you would be able to avoid those possible unfortunate events or bad conditions or situation which might happen into you.
Play with your leisure or entertainment needs and dont make this as a source of income or in replacement with your dayjob because it doesnt really fit out on such criteria.
Be realistic and be that wary because if you do make yourself dumb then you would experience that huge problem later on.