Topic: Healthy mindset to save earnings from gambling - page 8. (Read 1402 times)

This is a very interesting thread and I want to thank you for the pictorial description in which you displayed, this image have also described the various mindset of different individuals, now what I'm trying to say is that you become what you feed your mindset with, if you're already a wealthy person and you've got this mindset of a poor person you think broke or don't know how to turn your wealth into multiple streams of earning you'll end up becoming broke someday.
 But if you're poor but always have a mindset of working hard to earn, learning new ìdeas, developing new skills that would fetch you multiple income, with the little you have if you put it to a good use, there's a tendency that in the near future you'll be very wealthy and free from being broke, same applies to gambling, a rich gambler that always stake high, without applying risk management of gambling all in the name of having fun could ernd of go bankrupt someday and a poor man with a good gambling strategy, that knows the risk of involved and bet save could end up winning a jackpot someday and become rich, that's my own explanation to this thread.

everyone often talks about how to win at gambling, but very few talk about a healthy mindset, even though it is one of the important factors not to go bankrupt when gambling. with a healthy mindset it will definitely keep someone from bankruptcy and can make them successful in gambling or various things in their life. with a healthy mindset, a person can manage their finances better and they can use that to build a business or investment that can bring them more money.

that's why a healthy mindset is very necessary for gamblers so that they can still gamble, but not fixated on it, they can still manage their finances and make it to increase their wealth and they can also control their emotions and not gamble excessively which can ruined their financial condition.

Well if you think, also try to back it with data and a simple analysis. Since you divide your fund into multiple bets, then your risk will minimize so does with your profits. Not only that, since you have multiple bets, you have now more chances to lose on different games. This basically means, your profit ratio is below the necessary wins to make up at least brake even.

Unless you have a strategy to bet more when you know you are more likely to win, then you have greater odds. But assuming that you play a lot more games, then you have more exposure to losses. For that 4-6x odds, each of those games still has 50/50 of winning and losing.

For actual betting it is still possible to multi rather than single but of course the consequence is that when one fails then all fail and this is a risk in multi but when it works it is clearly worth doing multi bet.
I often do this and indeed sometimes for a few possible wins for big clubs I always get a good return rather than spending money on small odds for just one club so it's more worth it with a few multi bets that make the odds more attractive.

Some people who want visuals in slots as an attraction are still referring to the reason they are there but indeed when I return to the context of the title I think sportsbooks are more minimized than slot games which sometimes make the balance run out in an instant.
I've been playing slots for the past few weeks because sportsbook especially football is on a long holiday. but when the domestic competition of the big European leagues starts, of course my focus will be on sportsbook again because I still feel it's worth it for me to minimize losing money especially for betting in sportsbook we also don't need to monitor and be on the site so this can keep me from exploring deeper gambling sites.

Single bet only means having one chance whereas Multibet will provide many opportunities. I also often make this kind of bet, dividing single bet funds for several other bets so that there will be more chances of winning. i usually do for football sportsbook bets and that's what i like. and several other bets with different allocations as well. at least having 4-6x odds is enough for me.

I think this the way I also see mindset working, that is to feel negative or positive about a situation and the way it affects the outcome of our game just as you have mentioned also. Of course frustration isn't really what will give people joy or relaxed mind and you need to be relaxed, free of emotional stress to be able to gamble for expectation of positive result. Someone who is happy is likely to have a good performance than someone who is sad, a sad person can further cause havoc in whatever he handles.

The sort of people who play the lottery can be quite distinct from other types of gamblers, they may not even see it as gambling in the traditional casino sense of the word. That sort of person may have a better level of financial control and be less impulsive, or susceptible to throwing away all their winnings. There's also quite a big difference in potential outcomes, if a casino player is lucky on a slot game, they might walk away with $1,000 in winnings after betting $2. If a lottery winner bets $2 and gets back $2 million, they are less likely to buy lots more lottery tickets afterwards or it will have a negligible effect on their new found wealth. I think it'd be fairly easy for a lottery winner to walk away from gambling forever after that point and be very happy.

people who make sports bets do not earn much when they make single bets, so people have to make a lot of simple bets in order to see any profit and it is always a low profit, and if the person puts a lot of money he also runs the risk of losing everything, so sports betting is something in which to win a lot by betting little money, it forces people to have to make multibet bets with several teams in the parlay, until they at least have odds of 5x or more, but that becomes much more risky than doing single bets.

now in the case of people who play casino games that are games that depend on luck to win, people put cents in each session, which allows them to play for many hours with a small bankroll and in case they hit a large multiplier they are with a good amount of money, but of course it's not easy to hit a big multiplier, but looking at the amount of money put into each section it seems to me that it's only been worth it for some people, I've seen some people winning the world and I think they're making a profit, no I know if in the long term they make a profit or if in the end everything they gain they lose again

The notion that any success, no matter how tiny, is worthwhile, is one that is rarely highlighted. Some players may not fully appreciate how important it is to remember that every win is real money

But I'm not sure how far that outlook can lead you. While protecting your winnings is paramount, you have to ask if it's worth the risk. It's all in good fun until you find yourself in the red and unable to climb out...

You also bring up the risk of losing self-control amidst the excitement of gaming. Absolutely, I concur. But is it possible to keep your cool in a game whose main purpose is to excite and entice you? Every gambler needs to ask themselves that

It’s very hard to stop you to play the gambling after you get addicted to the gambling.One survive says,it’s hard to get the people from gambling addiction after they get into deep addiction.And the same survey also states that the 70 percentage of the people who engaged into the gambling will get addicted.So it’s better to part of 30 percentage gamblers list as compared to the 70 percentage addiction list.Even if your get addicted,don’t worry.Just limit the deposit amount to the gambling sites.



If you want to increase the wealth from the gambling,Gambling is not the recommended one by myself.Gambling is the best one to get some fun with your money like other games involved money.Gambling also the luck checking machine,which say your current time is good or not.Trading will be the recommended one for the wealth increase tool for your future.

Gambling winnings aren't that much for the most but it is important to get your part every win you make. It may not be as huge as considered to be a wealth but you have to make yourself secure anything as much as possible.

While it's true that it starts from the gambler's mindset but not everyone stays intact with their mindset. Because when the excitement, rush and adrenaline is there whenever you gamble, you're forgetting those important points that you need to remember.

Because it will make you control yourself and keep focus when you win and that's to take some from your stash.

Well it's supposed to be like that and it's a wrong mindset if someone assumes that they're going to be able to become a rich man from gambling, it's beyond me. How can someone make a consistent income from gambling, this is a question that only the bookie himself seems to be able to answer. It is the right choice to use the money won in gambling and then use it again for something else that has a clearer profit growth such as the investment you mentioned. But the problem is, not many of them (gamblers) are able to control themselves when they win, most of them will return to gambling using that money and obviously defeat will be waiting for them there.


Greed is a natural thing that everyone has, especially for gamblers, it is very difficult to control greed because gambling moves under their subconscious. It cannot be said that they have won if they have not gotten the money in real form, because most of the amount will be lost again in gambling. This cycle will always happen to all gamblers if they overdo it. Reducing the amount in the bet looks better to minimize losses.

Having a rich mindset is different from having the mindset of getting rich from gambling, if you are having the mindset to get rich, then you will be able to diversify your win from gambling and invest in other aspects, you will be able to control your gambling, you will know when to stop gambling and after winning you will have plans for what to do with the money.

But if you are having the mindset of getting rich from gambling, then I think that’s when you are already getting everything wrong, because don’t be surprise that you will keep on wasting everything you have won previously on gaming again, which might even end up leading you to gambling addiction. We shouldn’t have it in mind to get rich from gambling, because you will never be satisfied with your win and you will always end up gambling more.

If you are greedy in gambling, don’t be surprise that you won’t be able to achieve anything, because you will always lose the amount you have won, you will never be satisfied with the amount you have won, and you will always want to keep on gambling. If you are a gambler, it’s better you are satisfied with the little amount you have made from gambling, but if you keep on thinking the amount is too small, then you might end up losing everything again.

It's really difficult to stop our gambling activities not only when we win but also vice versa when we are experiencing a losing streak, and that happens because the player does not have good self-control, he just does what he wants to do without thinking twice that he can lose the result of winning and losing all the balance when he continue to experience successive defeats but don't want to stop for a while because usually when you are experiencing consecutive defeats but keep playing our minds get out of control.
But gambling is not the right way to increase wealth, we may often see players who can get big results because they get the jackpot or so on, but we also don't know how much they have lost and how long it took them to get that win, and unfortunately, not everyone has the same luck to get a big win, it is better to do business than gambling if you want to increase your wealth because there are very few stories of people who get rich suddenly from gambling, but agree that a healthy mindset will greatly affect the way we gamble when we are profitable or vice versa.

The mind regulates almost everything that happens around us; we all know the number of occurrences we can handle and how numerous we wouldn't. Feeling frustrated by losses in the space has just increased our desire in gambling; we should learn to be patient and strategy for alternative B. Saving is only triggered by people who have good critical thinking; they are constantly two steps ahead of their peers; before betting on games, they ensure that they've done their calculated risk management and total possible earnings returns, and they hardly missed out on losses.

I believe that from the moment a person decides to enter a casino, they must already have their personality defined and their mentality evident, or at least be prepared to possibly lose money, and if not, then better not try it. Because you are going to be very disappointed, but if you think you are strong enough to accept it, that is the first thing to consider, and keep in mind that any winnings in a casino, sometimes it is better to withdraw early before losing it all. , because that usually happens, and it is a fact that we do not even see it Coming.

My gambling strategy, in sports betting, is very similar to that of trading, and it consists of something very simple, if I make a profit, what I do is withdraw, but not withdraw the money, but rather play the next day, or I don't know, when It suits me well, it doesn't matter if my profits are minimal, what matters here is that I can get something that adds up, it's better to add profits than to obtain losses, I've always said that it will always be to have that at nothing.

Of course, my strategy is very traditional, it is not reckless at all, there are players who continue betting and can even win much more, in my case it does not work because my money is always low, it is not that much, what you always have to have In consideration is that each person has a very different economic situation, those who have more money willing to lose, obviously they are going to risk more, but those who have little money do not, you must be very careful.

Mindsets were just a myth. Everything related to gambling is connected to luck. Some form of gambling is much associated with skills. At times even the skills doesn't bring us winning moment. It is all the luck that favour us when we go for with some random choice. Mindset plays a role when we're gambling. Personally whenever I feel frustrated I do gambling and this leads to loss which is a known fact, but being lucky at the moment have the opposite reaction happening. This even calms down and makes us come out of the frustration.

If you win the lottery first thing to do is max out all your big dollar items like pay off the house debt.  Max out the pension for your old age.  Pay forward any bills as much as possible so its always covered.  Like for energy you could get a solar panel install done then you know the lights will always be on regardless of the rest of your spending.   
  One rich guy bought a lifetime free plane ticket anywhere he likes in the world.   His risk was the airline would not be around but turns out he spent money in the past to always know he can travel free for every event he needs to attend forever.   That was kind of smart so I would just do that kind of thing as much as possible.      Quite a few things if you are rich its almost easier to stay rich if you cover the costs going forward avoid paying others.   If you really win big, buy a casino or buy your own little place with a jackpot machine then you cant lose I definitely have heard of people doing this and thats smart imo    It means your capital is employed and you are also occupied as more then just a consumer or spender.

in most cases what I have seen is that people when they play casino games that are games that depend on luck and they spend many hours playing trying to hit a big multiplier so that they are lucky enough to win a lot of money, but they stay for days, losing weeks, months, with that comes frustration, but even so they continue playing because they still believe that they just need to be lucky to give them a big win, they already lose themselves in how much they already lost and they don't do math that even if they hit one large multiplier will no longer make up for the many losses they have had for a long time.

on the other hand, people who are into sports betting have a big problem, because they need to put a lot of money in a bet if they want to make big profits and they end up losing more than they win, and they also start a cycle in search of recovering the losses, and only succeed increase losses even more, while for people who play cards they are very convinced that they can win easily and with that they always risk putting money that they cannot afford to lose, they are the people who take the most risks

Human beings are different on which the way they think and the way they do approach on things then it would really vary. There are ones who would really be having that kind of control but there are ones who are really that impulsive on the sense that they do make out decisions which arent they thinking on how things should be done and sensibly on which they wont really be coming into a point that they would really be spending
carelessly compared into those people who dont really care about their finances. Some might that be able to think up carefully but there are people who do just spend up like a mad man. Lots of people who had been
able to hit up the lottery but ending up on getting broke or become poor again because of mismanagement of their winnings which is really that sad.

Lets see some list:
https://www.gobankingrates.com/net-worth/bankruptcy/lottery-winners-who-lost-millions/