Topic: Gambling should be play with care - page 44. (Read 5657 times)

In my case, I never do a calculation, money that is allocated to entertainment should not be calculated, you have an idea what the amount will be if you calculate it in your mind, it's different if you never allocated you just deposit money and you have no control on how much you deposit, but if you calculate you will be disappointed on money that you spent that you did not allocate


Responsible playing is allocated money something that you are comfortable losing, casinos are not investment platforms where you need to calculate your winning and losing, it's an entertainment portal so enjoy the games, and if you win then good for you.

I had a similar conversation about how individuals gamble carelessly and lose a lot of money a while back. Gambling is a highly risky game, therefore we need to be very careful when playing it to avoid losing a lot of money. I am aware that the more money you lose, the more eager you will be to make up your losses, which will make you naive and cause you to lose a lot of money gambling.  It is usually advisable to set aside a certain amount for gambling each week or month based on your income, and have the self-control not to spend more than that amount. This will help to reduce excessive loss and irresponsible gambling.  


It's important to bring discipline to our gaming lives and always bet wisely, regardless of how much money we make. Always set aside money for gambling as well as money for your personal necessities, and avoid gambling frequently to avoid developing a gambling addiction.

OP, you're absolutely right, managing gambling funds responsibly is crucial. From my own experiences, I can't stress enough how important it is to set limits and stick to them. Having had my fair share of bad gambling experiences, I fully understand the significance of responsible gambling.

In the past, I used to get caught up in gambling without thinking about the consequences of possible losses. It's easy to get carried away, especially when you're on a winning streak, but sooner or later, lady luck will turn against you. After several instances of significant losses, I decided to take a more structured approach. I started by setting aside a certain amount in my gambling budget each week. This way I wouldn't risk more than I can afford to lose.

I also got into the habit of tracking my gambling expenses and winnings/losses. It was amazing to see how much money was going in and out because of my gambling habits. I am of the opinion that everyone who gambles regularly should do so.

A good observation and advice by the way, but generally speaking now, I do not see a difference to honest, it is already widely believed and accepted that casino will always win in the long term in the life of every gambler, having this in mind, whether a gambler chooses to gamble with a very small amount or choose to gamble with a large sum, it doesn't really matter, like you've pointed out, its all about the gamblers target, the gambler might be targeting to win big, if he or she wants big winning, he sure has to put a reasonable amount on the stake table, but for those who don't really care about how much they win, then to avoid making too much loses, then you advice is good for them.

But again, I must not forget to point out that its not a crime of gamble with big money, as long as the gambler can afford it comfortably, and also will not fret or go A-wire if he or she loses the money.

It has been said over a thousand time now, before you start gambling make sure you set aside the money you want to use to gamble you could even use some percentage from your total income earned maybe 5% - 10% depending on how much you normally earn.

Aside from one seeing Shege (as you have started) when a gambler delve into his account without making a budget or proper management of his bankroll aside from losing all his money to gambling he also risk becoming addicted to it. So poor bankroll management have more risk than you could ever imagine, just set a budget and make sure you never exceed it no matter what happens.

Gambling must not that hard to be and if it is then it is good for them to stay away at all. Bank roll management is one of the fundamental skill to have for a responsible gambler so yeah they should set a budget to know how much they are spending.

They don't have to make a table and track all of those spends on gambling simply they can create a wallet separate for gambling funds from your regular spending and savings so, you will have a clear distinction between them. And don't forget to take breaks whenever it is necessary so you won't feel exhausted as well as your money.

Gambling should be done cautiously while taking care of gambling liability.  Gambling is very risky thing which is very harmful for us.  Gambling gives us pleasure on the one hand and financial loss on the other hand, so before starting gambling we must accept that there is bound to be loss and we must have the ability to accept that loss.  And if you lose, you should accept it without panicking.  But if you panic and immediately gamble again by depositing more amounts to recover your previous losses, there is a high chance of losing them too.

         -     I get what you want to put out here mate, and I don't see anything wrong with what you say, but this is another reminder of gamblers that they do not notice that they need to provide only amounts of amounts to be swallowed in crypto gambling.

Because if any gambler does not do this, for sure as well as the expenses that should be reserved for your family or important things, it is possible to use gambling that the results may be bad and often we will realize that there is no and the repentance.

This will always depends on persons capabilities since if they have more money to spend like those whales we see betting huge money on games they play then most provably they lose huge amount of money. Also I'm sure they are aware with those actions they do but its just they just want more since they are not satisfied playing less time that's why we see them encounter a big lose. Maybe aside from using small budget they also need proper discipline like be contented on what they are doing since maybe from that they can enjoy gambling with less financial damage received when they want to end their gaming session.

Well, and in my opinion, maybe most of them, including beginners, already know that before doing so they have to plan the limits first. The basic principles regarding gambling and investing are very similar, namely the factor of self-control is a very important and necessary step. To be honest, I don't see any other preparation in gambling like a certain analysis to maximize profits, because a person only needs two conditions to be able to do it and that is capital to bet, self-control. Meanwhile, maximum winnings in gambling cannot be measured, because indeed this is only based on luck which is 50-50 in nature and if you want to get a win you have to try it many times at the expense of several losses.

I am an active gambler and so far according to personal experience I have never found a strategy in gambling except investment. Gambling is just an act of having fun and if they are lucky in a few games then as a bonus they will get a win. If there really is a strategy for gambling it's likely that many people will get consistent results there, I can't imagine that there will be consistent results based on luck.

Yes of course because I think after going through several thread talking about the disadvantages of reckless gambling and how to gamble responsibly I don't think any forum member would want to make huge mistakes in gambling except maybe they didn't heed to instructions and learn from several people's mistakes on different threads here in the gambling boards, just like you said making a budget in gambling with a little percentage of your earning would help a gambler to avoid spending recklessly on gambling, there's a high probability of losing about 60% of your income if you don't make a budget and decide to use it for staking games, you could try to recover your losses and end up losing more in cases where you don't have good gambling strategies.
 One could also be tempted to use funds meant for other bills to gamble when they fail to make a budget before going into gambling, set a limit and gamble according to the limit you've set if not you stand a greater chance of losing everything completely and go broke again, such act of gambling recklessly have caused  many gamblers to go into depression also serious thinking that's lead to mental illness, I've heard cases where some people gamble with a huge sum of money without minding the risk involved, they end up losing  and decided to commit suicide or hurt themselves in several other ways.

This is much of work, isn't it? Let alone having an Excel sheet for my losses haha. However, that is the way of managing our gambling. Because as the saying goes, you cannot improve what you cannot measure. This is in fact more than responsible for our gambling but also managing it and treating it like a business.

Once this is done, you can improve almost anything in your gambling. Minimize the exposure on games you often lose and maximize playing on games that you often take profit with. You also get aware of your emotions, how often you over bet or over risk. What are your triggers when you degenerate with your money because of overconfidence.

If making money out of gambling is what you want, implementing this would be helpful. But if you're just a casual player trying to entertain yourself, then it will be a lot of work.

We don't really need to check the stats of people who gamble, that's just dumb. Just set a specific amount you CAN spend (and will) spend for each session, each amount should adjust depending on the number of times you gamble say per week or per month. And no, gathering the same amount of money isn't exactly possible since it's money you decided to dedicate for your enjoyment/entertainment. There's a different part of your income that should go directly to money that will be used for investing. Those kinds of financing would make your life a whole lot easier and at the same time stress free (just don't forget to add enjoyment, spend a little for yourself).

everything that we do must be with care mate , not only in gambling but also in our daily work and living

It is something inevitably from gamblers because they wouldn't keep counting their lose rather they are focusing somewhere and having the hope that one day they must cover up all their expenses by hitting a targeted higher amount from gambling site, as for me I will often classify those people who don't count and take records of their lost during gambling to be a gambling addicts why?  because they are positive and optimistic about their energies, efforts and time, resources spent at the cost of carrying out their gambling exercise.

From my research and little knowledge towards those who lived around my vicinity that always comes to gambling at a local betting shop opposite our building, some of them don't care of what they spend to an extent I noticed a bettor who don't go back home with cloths I was like what could be the cause of this action and from the information gotten he was said to had spent all his money gotten (win) from shop and was like constantly betting thinking he would multiple his profits but ended up losing the previous winning.

Lastly what I understood correct is that he was chasing lost after little lose, greed doesn't allow him to let the little amount go and he ended up losing all every and also to the point of staking with cloths. This now lead to the main purpose of this your topic because if a statistic is being drawn to monitor and regulates the total sum that would be spent at every week, month I don't think he would had this mindsets to gamble with even his total amount won to the context were he needs to drop his clothing in an exchange to their amount of money stakes.

These all are basics of gambling or any other investments. Because funds management is the most important when you are investing or gambling either you have experience or not. To gamble you have to invest a amount which you can afford to lose. That means never take risks with all of your funds where is no guaranteed profits. Always set a budget before gambling and do proper analysis and observation to maximize your wining ratio. If you lose just take a break and never try to win back your losed funds immediately.
There are so many things to improve for your gambling startegy. All you need to have a good experience with proper concentration and it will help you to gain continues winings.

If gambling sees that the target will be difficult to achieve certain targets, you should play gambling just for fun, change the mindset of gambling to win by gambling for fun, because having a healthier mindset will be better because you can be more calm in playing gambling so you don't get carried away by emotions and get out of control. that's the beginning of the beginning with addiction.

The most important thing is to try to limit the gambling budget so that you don't lose more money every time if you independently start to limit all expenses for gambling, always remember that it will not be easy to win against bookies so playing wisely will help us be able to control our emotions as well as our budget in gambling. don't aim for any wins, just play and enjoy the gambling. 

Tired all-of these word.

Howabout there has some theory and based of your experience. Maybe we can get some data from your activity from the past one month (deposit, waggering, losing, winning) and control of your lost (like explanation, conclusion).

I believe more interested to see like these, rather than a theory in the main thread. Because we already seeing so much theory without some experience.

You actually do not need statistics on your gambling wins and losses to control it. There are two things you need.... namely :

1. The amounts that you deposited
2. The current balance.

The statistics on your wins and losses will just be confusing for many people... so they will most likely never even look at it. You know what your Monthly budget for gambling are.... just prevent from going over that amount and you will be fine. 

The stats are not public and we cannot check any gambler's fund in and out of gambling sites to analyze how much anyone is investing ins gambling and how much ration is he making profit out of it.

Yes, one can make certain rules and limitations as to how much he or she will gamble weekly or monthly and allocate a predefined budget for it. Under any circumstances, this budget should not be exceeded and this way, the gambler will remain within certain limits and even if he loses his entire balance, still he knows that he has spent nothing extra.