Topic: Gambling should be play with care - page 42. (Read 5657 times)

There’s a study yes but I believe the gamblers will not make any effort to understand it since their focus is to have fun and make some money even if the probability to win is low. Being responsible is hard if you’re too focus on the money side, this is gambling and those who gamble with greed usually ended up losing everything. If you want to have a better experience in gambling, then focus on what really matters to you.

Everyone likes the idea of striking it rich, but the harsh truth is that the house usually wins. The exhilaration of the game and the intoxication of the win can easily blind us to this reality...

Now, I'm all for self-control and planning. But isn't the element of surprise what makes gambling so exciting? If we start budgeting our bets, doesn't that take away a little from the spontaneity, the danger, the allure of it all?

Agreed, constant, reckless gambling is not advisable. But a little flexibility, a touch of risk, isn't that what makes it exciting? Let's play, but let's not forget - gambling should always be about fun first, profit second

Honestly, stats are just nifty know-whats in the grand scheme of things, it shouldn't be a baseline of how you play if ever you figure out a way to find out what your stats is, cause sometimes it may even urge you to play more which could cause you to subject yourself into gambling addiction just so you can neutralize your stats or increase them to make it look as if you're a great player. To me, what matters most is well, the bankroll that they are working with, and what plans/costing strategy they would use to make the whole stuff last without them depositing more money in the process. That's called discipline right there, and that is one of the most important things you should know as a gambler.

A gambler doesn't need to have his stats, it should be more losses than wins. That's why everyone must limit their budget for gambling and they must discipline (obey) with the budget limitation. A gambler can make a budget limitation daily, weekly, or monthly. I personally prefer to limit my funds daily, it is the most effective way to avoid gambling excessively. But I also limit the total amount of money to spend monthly, it should be under 5% of my monthly income.

You're right. Limiting the funds is one of the preventive ways to avoid addiction. People who gamble with no limitation for the funds, probably have more chance to get addiction. And they also may be trapped in debt, they possibly get a loan when they have no longer money to spend in gambling. So, it is very important to have a specific amount of budget to spend daily, weekly, or monthly.

I don't do the concept like you said, but it's a great suggestion for the community. personally, I have self-management with my gambling. I mean, I don't need to check statistics from time to time like you said. because, I'm just an ordinary gambler who plays just for fun regardless of winning or losing. because, for me winning is something that is mandatory and losing is something that is certain. for me, nothing is certain, I can gamble with a bankroll according to my needs, but usually I have a standard bankroll according to my version. even then, on the condition that I have met the basic needs that are my obligation as the head of the family. the rest, I will set aside for urgent needs. after the basic household needs are finished, I can have fun with the bankroll that I had previously set aside.

By the way, we agree with the theme of the title of this thread. that in truth, we must be careful in gambling. I have a tip, if someone who likes to gamble, don't always force your heart's will when you are in a bad situation. if we gamble with a purely luck-based type of gambling, don't force yourself to beat the system. because, it will end in disappointment even though we have made deposits many times. I mostly bet on sports, single bets are ideal. by having extensive knowledge and insight, we can minimize defeat. in fact, the potential to win the bet is very high compared to other types of bets. win or lose, it is part of the risk and something commonplace.

I think we have history of bets on the gambling platform we play win and even there is statistics of winning amount and loses and at the same time the deposits and withdrawals made.  So if we learn that it can be seen on the gambling platform then players have access on his gambling statistics.




I greatly agree that we must plan our gambling engagement so that we have tracks of our activity in real time and know whether we are losing to much and decide to take a break.  We must also allocate a certain amount of our free money and not toss it on the gambling platform.  We must secure some funding in the future because we don't know when we'll be needing extra fund.

It’s a good idea to have maybe daily, weekly or even monthly, so that you will be able to keep track on the amount you are spending on gambling. I don’t really have any specific amount I spend weekly or monthly, but whenever am exceeding my limit I do always control myself, I always know whenever am exceeding my limit.

The only people that keep track on the amount they spend on gambling are the once that gamble just for fun or relaxation, but addicted gamblers don’t care about the amount they spend on gambling, you mentioned about investments or business, addicted gamblers prefer to gamble with their money than investing or running any business. We all have heard when addicted gamblers do sell their properties just to gamble, they sell their assets. If the amounts they have spent on gambling is being calculated, then it will have changed their life if they have invested it in other things.

Unfortunately, people who need such advice would never listen to it or take it seriously, all they would care about is gambling and not doing a job or starting a business after saving up the money they are spending on gambling, and, the people who actually care about their future and the money they are spending on gambling wouldn't really need any advice since they already know and understand what they need to do with their money and their life.

Responsible gamblers would never spend more than what they have kept aside for their gambling activities because they know the importance of money and how difficult it is to earn it these days, but irresponsible gamblers wouldn't care at all, they will simply spend everything they get on gambling with the hope that they might earn a fortune out of it which never happens.

Having a bit of a difficult time understanding exactly what you’re trying to say here due to your English, but I think I’ve got the overall gist of what you’re trying to get across.

There are statistics that can be found out there about what percentage of gamblers win vs lose and they have these for all sorts of different games and sports betting. But you’re right, only gamble what you can afford to lose.

In my opinion, past losses are chased either by beginners or those gamblers who have a gambling addiction. In the first case, everything is solved quite simply, with increasing experience, beginners realize that trying to win back is similar to trying to get back yesterday. In the second case, you need the help of specialists, because in most cases to get rid of gambling addiction on their own can not.

Anything in life needs discipline. It is not only about setting a certain target or budget for your weekly or monthly gambling. But the main problem and challenge lies, if the gambler will be able to maintain that very budget. Sometimes the gambler could be lucky and have streaks of wins. It will entice The gambler to even exceed their budget. So that is why some gamblers do not actually stick to their weekly or monthly budget. Another aspect is when they lose so much, they will continue chasing their losses in order to regain their loses.

I use a similar rule except that I use 10% of my disposable income. Not just income. After you take away the money for rent, food, taxes, and so on and you take away the money for savings you are left with some pocket money. What I do, usually, is take 10% of that for gambling and 90% goes into Bitcoin or other smart investments. But this only works if you have developed the necessary discipline. If I go against my own rule then I should not be surprised if I end up with nothing. And that can happen to anyone, since we are only human, so I see responsible gambling as something that sometimes goes wrong, but as long as you try to commit yourself to rules, you should be safe.

For OP I don't see any statistics from wins/losses I see from the expenditure of his income, if the income is $100 per week then the maximum limit is $15 or around 15% it is already a caution in gambling, because if you see from the desire of lust that wants to continue playing then it will not be responsible but will lose more.

Always think about how much to bet, the rest of it wins or loses it is not thought about meaning that if I win I will withdraw it.

Must be able to measure how much to bet because if you do not determine what percentage then it will exceed the limit and even weekly income can run out if not determined.
The 5% allocation is still enough for gambling and they feel responsible for that allocation for gambling.

This is true for anything really, when you begin to add up all the money that you spend on entertainment and other areas of your life which are not critical you will suddenly realize how much money you are actually using to alleviate your boredom, however unless a great deal of our money goes there all the time I think it is not a problem to spend some money to entertain ourselves from time to time, even if this means that over the long term we could have made a big purchase with that money.

To have a plan for everything is very important. Most gamblers today have lost this statistic you are talking about, and that's why you will see them losing all their possessions at the end. I'm still surprised to see this type of person lose all they have due to too much gaming, and they still use the money to gamble. However, from the first time you see that you are not making money from gambling, why can't someone just live it and focus on other positive things in life? This is another reason why some people commit suicide today just because of gambling, and it will still lead one to gambling addiction.


I think the OP is advising people to gamble with a little amount of money, not that he is saying that gambling is bad, and the reason why he said that is because you can see that some people gamble without saving some amount of money to meet some of their necessities, so he is trying to let this kind of people understand that there is no use where some will gamble with a lot of money and at the end they will lose the money, but rather you should use a small amount of money to gamble that you can afford to lose.

No need of putting up with such disturbance of checking your losses. I call it disturbance because it would do you no good than harm thinking of money you can't take back so there's no need. What should rather be done is to minimize the way we gambling when we observe we are having constant losses than we are winning.ans constant losses means constant money leaving our hands that's bad business.

Personally, I don't see the point in keeping a tally of the money I lose at the casino, as it's of no use. I already understand perfectly well that I lose more money than I win. But I do not want to give up gambling, because I am already in many ways disadvantaged, and after all, I have to have fun. In my understanding gambling is the same entertainment as, for example, drink beer with friends in a bar or go to the movies with the family, only to play gambling I can at home and alone, when I no one interferes.

Checking gambling stats isn't a healthy idea. All one need to do is to gamble responsibly by setting a time limit so that you don't gamble beyond your time limit no matter if you are losing or not. But if don't have self-control on your gambling activities,you will end up being an addict and you wouldn't mind using all your funds for gambling.

OP, I also like the idea of setting aside your gamble budget weekly and only gamble with the amount that you can afford to lose so that when they money has been exhausted,you stop gambling. These are the simple strategy that one needs to adopt to avoid addiction.

Stupidity is what can be use to describe gamblers that deliberately and constantly use all they have for gambling. Because you were told the odds to a game given to you by a gambling expert was a sure odds doesn't mean you put all your money on it, having a limit amount you spend on gambling should be a no compromised law to our gambling lifestyle by so doing we don't spend so much more than we receive from gambling.
Some persons if they had to calculate the whole amount they have spent on gambling in the first quarter of this year, they would marvel at what measure of business they would have been able to use such amount to start with.