How discipline are you in managing your bankroll? - page 3.

maydna

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Quote from: agustina2 on December 22, 2023, 02:47:36 PM

Quote from: stadus on November 15, 2023, 10:06:12 AM

Could you please share some of your honest experiences here and how you became a disciplined gambler, particularly in managing your bankroll? What factors do you consider to be satisfied and to stick with the game plan all the time?

That required a long time experience being a gambler. Being a disciplined gambler can't be learned right away at the start even a newbie is prepared mentally because the actual pressure of gambling can only be felt at actual gambling and not beforehand.

I'm sure while a gambler engages in gambling regularly, they can learn to be responsible and disciplined gamblers along the way.

That's where the professional gamblers today, started their journey.

If those who gamble have applied discipline from the start of their gambling, they can become disciplined gamblers even though it takes time to become disciplined. But there is nothing wrong if a beginner continues to try to discipline himself in gambling so that it can help him manage his gambling expenses. It's just a matter of whether a gambler wants to learn to be responsible for his gambling activities, especially since it's all for his own good. No one will pay attention to him when gambling, and only he has to pay more attention to himself.

When they can discipline themselves in gambling, they will see that they can manage the money for gambling and don't need to use a lot of money to gamble immediately. They can even enjoy gambling games as something that provides fun. And they also don't think about chasing victory.

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Quote from: Fredomago on December 17, 2023, 12:40:50 PM

If you want to stay responsible better to focus with your bankroll, both time and money are important but most of the time its the money that you are using that leads you to overstay inside the house, when you are losing there's a chance that instead of stopping you will add more money and keep trying to recover as quickly as possible.

Wrong move as you are just following how the house wanted you to use their services, if you got hook expect that you will suffer to more losing amount, you need to be very careful and you should stay with your plan.

The responsible gamblers will look at the bank balance at every point in the gambling.The curse to the gambling is the gambler will have the habit of playing the game till his last dollars in the bank account.He should hold some dollars for their family and play the game with the balance money.Because it’s not easy to manage the family expenses till the next earnings arrived your bank account.After the complete loss,the gamblers should ready to earn more dollars in different way.If the gamblers try to keep some dollars with the disciplined game,he no need to worry for the loss or winning in the gambling site.

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Quote from: stadus on November 15, 2023, 10:06:12 AM

Could you please share some of your honest experiences here and how you became a disciplined gambler, particularly in managing your bankroll? What factors do you consider to be satisfied and to stick with the game plan all the time?

That required a long time experience being a gambler. Being a disciplined gambler can't be learned right away at the start even a newbie is prepared mentally because the actual pressure of gambling can only be felt at actual gambling and not beforehand.

I'm sure while a gambler engages in gambling regularly, they can learn to be responsible and disciplined gamblers along the way.

That's where the professional gamblers today, started their journey.

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Quote from: pawanjain on December 19, 2023, 12:14:50 PM

Quote from: DubemIfedigbo001 on December 15, 2023, 01:26:23 PM

This is the simple way I'm able to control myself. Gambling is the last activity I do for the day, I make sure I'm done with everything of importance and all my tasks for the day have been fulfilled. I then deposit the amount I want to gamble with into the platform. I already know that on no account would I deposit twice into the account for a gambling session. As funny as it may sound, I time myself before I start gambling and I make sure not to spend more than three (3) hours in a gambling session. As soon as my alarm goes off, I stop and withdraw all leftovers in the platform to my main account and that marks the end of a session. It was difficult to maintain in the first period, I had to ask one of my female friends who lives close and hates gambling to collect my phone anytime my alarm goes off and I'm still in the platform. I guess I got used to it gradually, and sometimes I tend to extend my time intentionally, but my performance now is more moderate than ever all thanks to my new found formula. I'll mention that I don't gamble everyday as a way to curb addiction

So you basically gamble everyday or every other day which makes you a step closer to becoming a gambling addict.
You deposit amount every time you gamble and then withdraw it, which makes you lose a lot on transaction fees.
You asked your female friends to take your phone which made you rely on third person for controlling yourself from gambling.
All these are red flags which you should tend to avoid.

They are obviously not on the best shape but it seems they are making progress and that is what it matters, as if they can keep reducing the time and the money they use to gamble then they will reach a point in which their gambling urges will be completely under their control, and they will forget about any possibility of developing a compulsion towards gambling as they eliminate those red flags too, and while they are doing a good job the next step is to find another hobby they also enjoy and which they can use to diminish the amount of time they gamble even more.

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Quote from: DubemIfedigbo001 on December 15, 2023, 01:26:23 PM

This is the simple way I'm able to control myself. Gambling is the last activity I do for the day, I make sure I'm done with everything of importance and all my tasks for the day have been fulfilled. I then deposit the amount I want to gamble with into the platform. I already know that on no account would I deposit twice into the account for a gambling session. As funny as it may sound, I time myself before I start gambling and I make sure not to spend more than three (3) hours in a gambling session. As soon as my alarm goes off, I stop and withdraw all leftovers in the platform to my main account and that marks the end of a session. It was difficult to maintain in the first period, I had to ask one of my female friends who lives close and hates gambling to collect my phone anytime my alarm goes off and I'm still in the platform. I guess I got used to it gradually, and sometimes I tend to extend my time intentionally, but my performance now is more moderate than ever all thanks to my new found formula. I'll mention that I don't gamble everyday as a way to curb addiction

So you basically gamble everyday or every other day which makes you a step closer to becoming a gambling addict.
You deposit amount every time you gamble and then withdraw it, which makes you lose a lot on transaction fees.
You asked your female friends to take your phone which made you rely on third person for controlling yourself from gambling.
All these are red flags which you should tend to avoid.

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Quote from: Fredomago on December 19, 2023, 08:07:42 AM

Quote from: Dewi Aries on December 18, 2023, 11:55:03 AM

Quote from: Fredomago on December 17, 2023, 12:40:50 PM

If you want to stay responsible better to focus with your bankroll, both time and money are important but most of the time its the money that you are using that leads you to overstay inside the house, when you are losing there's a chance that instead of stopping you will add more money and keep trying to recover as quickly as possible.

Wrong move as you are just following how the house wanted you to use their services, if you got hook expect that you will suffer to more losing amount, you need to be very careful and you should stay with your plan.

By putting an amount that will not be too big a problem for your finances if the final result is really losing, bankrol management is very important but in my opinion not only that, but at the same time you also need to have the right understanding of gambling, because of course your management will not be useful if you basically have an aggressive approach to gambling in the sense of always overdoing it in search of victory. The right understanding will be useful to minimize everything including not losing too much and reduce the attraction to stay longer and get carried away in the cycle because the right understanding will be able to push you to a good awareness.

Restoring the situation to break even I think most of the actions will only end up in vain, very unlikely because when you do a new session then obviously the situation will also return to the beginning which means between winning and losing, while the house always wins.

Yeah, right, having that good understanding of the game is also a factor. Apart from bankroll management, the selection of games that you're going to bet will have that influence on the outcome of your session. If you know well, then it can be a positive outcome. It can be an edge for you while doing well with your money management. I can say that the chance that you may bring out some earnings can possibly happen if you know what you are doing, and you understand how gambling works.

However, if you fail to win, with that understanding, it can save you from being aggressive and stop you from keeping adding more money from your bankroll.

Yes, in conclusion, of course, it is not only bankroll management that is needed in this problem but also the management of a directed mindset and the right understanding, because I think that's the only thing that will be a big driver so that they can manage well and maximize.

For the problem of earning maybe I don't really agree with your assumptions and ideas, it's none other than because after all even though you have excellent planning, management and bankroll management it all refers only to a prevention so that you don't suffer too much defeat with large amounts, and not that way then you will be able to get a decent or definite income in gambling, for that matter it will still depend on how lucky you are in every session you bet. So don't misunderstand the odds, the right understanding and also with good bankroll management only refers or is useful to minimize the risk of losing and does not mean that you can get more wins with such an approach.

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Quote from: Dewi Aries on December 18, 2023, 11:55:03 AM

Quote from: Fredomago on December 17, 2023, 12:40:50 PM

Quote from: Oilacris on December 15, 2023, 03:14:54 PM

Quote from: Nerdy doctor on December 15, 2023, 01:37:32 PM

You’ve got a point. I think if you’re someone who gambles a considerable lot, it would be safer if you made a budget for your gambling activities and strive to keep to it. That’s the best way on how to comfortably manage your finances so you won’t go over indulging yourself with gambling activities.
Starting with a week and slowly increasing to two weeks to a month, the budget would get easier to stick to and discipline would then set in.
Greed for more money can also make someone play using money not budgeted for such activities.

Budget allocation would be always recommended or something that would really be that crucial specially when dealing up with gambling.If you do find yourself that being impulsive when it comes to spending then there's something wrong with you and this is something that should really be stopped completely if you are really that making that huge spending into your money.
Gambling is for fun but on the time that you are already doing things which arent supposed to be done then it would really be always better that you should stop.
Bankroll handling would really be that important and if you arent discipline then you are really that close to disaster, this is why you should really be that careful.

If you want to stay responsible better to focus with your bankroll, both time and money are important but most of the time its the money that you are using that leads you to overstay inside the house, when you are losing there's a chance that instead of stopping you will add more money and keep trying to recover as quickly as possible.

Wrong move as you are just following how the house wanted you to use their services, if you got hook expect that you will suffer to more losing amount, you need to be very careful and you should stay with your plan.

By putting an amount that will not be too big a problem for your finances if the final result is really losing, bankrol management is very important but in my opinion not only that, but at the same time you also need to have the right understanding of gambling, because of course your management will not be useful if you basically have an aggressive approach to gambling in the sense of always overdoing it in search of victory. The right understanding will be useful to minimize everything including not losing too much and reduce the attraction to stay longer and get carried away in the cycle because the right understanding will be able to push you to a good awareness.

Restoring the situation to break even I think most of the actions will only end up in vain, very unlikely because when you do a new session then obviously the situation will also return to the beginning which means between winning and losing, while the house always wins.

Yeah, right, having that good understanding of the game is also a factor. Apart from bankroll management, the selection of games that you're going to bet will have that influence on the outcome of your session. If you know well, then it can be a positive outcome. It can be an edge for you while doing well with your money management. I can say that the chance that you may bring out some earnings can possibly happen if you know what you are doing, and you understand how gambling works.

However, if you fail to win, with that understanding, it can save you from being aggressive and stop you from keeping adding more money from your bankroll.

Dewi Aries

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Quote from: Fredomago on December 17, 2023, 12:40:50 PM

Quote from: Oilacris on December 15, 2023, 03:14:54 PM

Quote from: Nerdy doctor on December 15, 2023, 01:37:32 PM

You’ve got a point. I think if you’re someone who gambles a considerable lot, it would be safer if you made a budget for your gambling activities and strive to keep to it. That’s the best way on how to comfortably manage your finances so you won’t go over indulging yourself with gambling activities.
Starting with a week and slowly increasing to two weeks to a month, the budget would get easier to stick to and discipline would then set in.
Greed for more money can also make someone play using money not budgeted for such activities.

Budget allocation would be always recommended or something that would really be that crucial specially when dealing up with gambling.If you do find yourself that being impulsive when it comes to spending then there's something wrong with you and this is something that should really be stopped completely if you are really that making that huge spending into your money.
Gambling is for fun but on the time that you are already doing things which arent supposed to be done then it would really be always better that you should stop.
Bankroll handling would really be that important and if you arent discipline then you are really that close to disaster, this is why you should really be that careful.

If you want to stay responsible better to focus with your bankroll, both time and money are important but most of the time its the money that you are using that leads you to overstay inside the house, when you are losing there's a chance that instead of stopping you will add more money and keep trying to recover as quickly as possible.

Wrong move as you are just following how the house wanted you to use their services, if you got hook expect that you will suffer to more losing amount, you need to be very careful and you should stay with your plan.

By putting an amount that will not be too big a problem for your finances if the final result is really losing, bankrol management is very important but in my opinion not only that, but at the same time you also need to have the right understanding of gambling, because of course your management will not be useful if you basically have an aggressive approach to gambling in the sense of always overdoing it in search of victory. The right understanding will be useful to minimize everything including not losing too much and reduce the attraction to stay longer and get carried away in the cycle because the right understanding will be able to push you to a good awareness.

Restoring the situation to break even I think most of the actions will only end up in vain, very unlikely because when you do a new session then obviously the situation will also return to the beginning which means between winning and losing, while the house always wins.

dezoel

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Quote from: Fredomago on December 17, 2023, 12:40:50 PM

you need to be very careful and you should stay with your plan.

One should have a budget that they can afford to lose and some free time, and gamble without any plan or anything. Experiment with your gambling, drag odds up and down along with bet sizes, try to hit insane wins, try games that make you have fun and have a smile, and have a time filled with joy and fun instead of worry and tension, that's how you can have the best experience in gambling, you will feel great, and the best thing is, you will only be addicted to the fun and not gambling in general which means you can leave it if you find fun somewhere else.

So, I suggest that people just gamble without putting too much pressure on themselves and their minds, and instead of always having the thought of earning profit one should enjoy the games they are playing which isn't what most gamblers do and I think they do it the wrong way.

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Quote from: Fredomago on December 17, 2023, 12:40:50 PM

Quote from: Oilacris on December 15, 2023, 03:14:54 PM

Budget allocation would be always recommended or something that would really be that crucial specially when dealing up with gambling.If you do find yourself that being impulsive when it comes to spending then there's something wrong with you and this is something that should really be stopped completely if you are really that making that huge spending into your money.
Gambling is for fun but on the time that you are already doing things which arent supposed to be done then it would really be always better that you should stop.
Bankroll handling would really be that important and if you arent discipline then you are really that close to disaster, this is why you should really be that careful.

If you want to stay responsible better to focus with your bankroll, both time and money are important but most of the time its the money that you are using that leads you to overstay inside the house, when you are losing there's a chance that instead of stopping you will add more money and keep trying to recover as quickly as possible.

Wrong move as you are just following how the house wanted you to use their services, if you got hook expect that you will suffer to more losing amount, you need to be very careful and you should stay with your plan.

Financial management will greatly influence gambler attitude of responsibility and discipline in limiting themselves to certain time for each gambling activity they undertake.
By having good financial management, we can easily determine when to stop just based on the money that has been set.
And one more thing is that we have to accept all the losses that occur so that we don't really think about trying to recover them, then indirectly we will be able to manage our finances very well and of course we won't experience too big loss.

As much as possible, we must control the gambling activities we carry out, lest the madness of gambling control us.
The house edge always offers attractive opportunities and can make us do reckless things like going too far by adding capital to bets in the hope of winning big.
We must be able to understand that gambling is full of uncertainty and of course we must be able to truly be wise gamblers where when we decide to just have fun then do as expected at the start.
Don't be lulled by the desire to win big because in the future you will definitely not win but lose.

Failure to manage money is one of the reasons why many gamblers experience downturns and failure to manage money is also major factor in gamblers often making mistakes.

ChiBitCTy

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Well being financially responsible when it comes to gambling is something that goes hand in hand with my work (finance), so it keeps me in check gambling wise ..but I can’t lie I’ve recently been playing a little roulette, and that actually kinda scares me as I really just don’t trust it being legit but two , can’t make it a habit. Besides that, I’m all good in this area.

Fredomago

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Quote from: Oilacris on December 15, 2023, 03:14:54 PM

Quote from: Nerdy doctor on December 15, 2023, 01:37:32 PM

Quote from: |MINER| on December 02, 2023, 11:35:26 PM

In this case if I answer your question then the first answer will be first of all you should take gambling as only purpose of entertainment not for the main purpose is to be earning. Then I wanna say that set a limitation that can be a gambling budget for a days or for a week or month. Keep in mind that if you cross over this budget, you will have to stop gambling for the day. Moreover, of course, gambling should not be greedy.

You’ve got a point. I think if you’re someone who gambles a considerable lot, it would be safer if you made a budget for your gambling activities and strive to keep to it. That’s the best way on how to comfortably manage your finances so you won’t go over indulging yourself with gambling activities.
Starting with a week and slowly increasing to two weeks to a month, the budget would get easier to stick to and discipline would then set in.
Greed for more money can also make someone play using money not budgeted for such activities.

Budget allocation would be always recommended or something that would really be that crucial specially when dealing up with gambling.If you do find yourself that being impulsive when it comes to spending then there's something wrong with you and this is something that should really be stopped completely if you are really that making that huge spending into your money.
Gambling is for fun but on the time that you are already doing things which arent supposed to be done then it would really be always better that you should stop.
Bankroll handling would really be that important and if you arent discipline then you are really that close to disaster, this is why you should really be that careful.

If you want to stay responsible better to focus with your bankroll, both time and money are important but most of the time its the money that you are using that leads you to overstay inside the house, when you are losing there's a chance that instead of stopping you will add more money and keep trying to recover as quickly as possible.

Wrong move as you are just following how the house wanted you to use their services, if you got hook expect that you will suffer to more losing amount, you need to be very careful and you should stay with your plan.

DaNNy001

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Quote from: Oilacris on December 15, 2023, 03:14:54 PM

Quote from: Nerdy doctor on December 15, 2023, 01:37:32 PM

Quote from: |MINER| on December 02, 2023, 11:35:26 PM

In this case if I answer your question then the first answer will be first of all you should take gambling as only purpose of entertainment not for the main purpose is to be earning. Then I wanna say that set a limitation that can be a gambling budget for a days or for a week or month. Keep in mind that if you cross over this budget, you will have to stop gambling for the day. Moreover, of course, gambling should not be greedy.

You’ve got a point. I think if you’re someone who gambles a considerable lot, it would be safer if you made a budget for your gambling activities and strive to keep to it. That’s the best way on how to comfortably manage your finances so you won’t go over indulging yourself with gambling activities.
Starting with a week and slowly increasing to two weeks to a month, the budget would get easier to stick to and discipline would then set in.
Greed for more money can also make someone play using money not budgeted for such activities.

Budget allocation would be always recommended or something that would really be that crucial specially when dealing up with gambling.If you do find yourself that being impulsive when it comes to spending then there's something wrong with you and this is something that should really be stopped completely if you are really that making that huge spending into your money.
Gambling is for fun but on the time that you are already doing things which arent supposed to be done then it would really be always better that you should stop.
Bankroll handling would really be that important and if you arent discipline then you are really that close to disaster, this is why you should really be that careful.

Why not just have a fixed deposit to avoid you going a-wall with your gambling habit because sometimes we tend to forget ourselves when it comes to managing our bankroll. As a gambler, the one most important thing that's keeps your habit in check is the ability for you to actually manage your bankroll because the moment you have lost control of that then be sure you are definitely heading to a one way road that's very hard to come back from.

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Quote from: Fredomago on December 11, 2023, 07:08:14 AM

Quote from: Blitzboy on December 09, 2023, 11:03:51 AM

We typically consider victories "free money". Its not free. At most, it refunds past losses. Remember that gambling is a cycle of wins and losses. Considering winnings free cash? A slippery slope. It distorts our value perception. Now we're wagering more, risking our earnings and possibly our cash. Mindset issues arise from this habit. We must be responsible with all our resources, not just the winnings. The key? Self-control and awareness. We must break the cycle, think large, and control our urges. Thats the true game - not at the tables.

Good point, you need to be focused if you want to stay responsible. You pointed out that it's a cycle of wins and losses and also a balance with how you manage your bankrol. It's not easy as we might be when you are already on the table playing, or you are already picking your team to bet with your sport betting, there are many factors that you needed to consider as it will influence the outcome of your sessions.

Be sure to have everything in place before taking your step inside gambling, knowing the limitation and properly executing your plans and strategy will help you to stay in control and to keep your bank safe.

Being aware of the cyclical nature of wins and losses is a fundamental understanding in gambling, because the outcomes are unpredictable and it needs to have a strategic approach rather than relying solely on luck. The point on how important to maintain a balance in bankroll management is a keen awareness of the financial aspect of gambling. Responsible betting indeed involves allocating resources wisely and avoiding impulsive decisions that could lead to significant losses.

Many Factors need to be considered when placing bets that can include factors such as team statistics, players performance, injuries, weather conditions, and other variables that may influence the outcome of a game. Taking these factors into account enhances the decision-making process. The importance of preparation involves setting clear limits, understanding personal barriers, and having a prepared strategy in place. Those can enhance the chances of staying in control and safeguarding their bankrolls.

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Quote from: Nerdy doctor on December 15, 2023, 01:37:32 PM

Quote from: |MINER| on December 02, 2023, 11:35:26 PM

In this case if I answer your question then the first answer will be first of all you should take gambling as only purpose of entertainment not for the main purpose is to be earning. Then I wanna say that set a limitation that can be a gambling budget for a days or for a week or month. Keep in mind that if you cross over this budget, you will have to stop gambling for the day. Moreover, of course, gambling should not be greedy.

You’ve got a point. I think if you’re someone who gambles a considerable lot, it would be safer if you made a budget for your gambling activities and strive to keep to it. That’s the best way on how to comfortably manage your finances so you won’t go over indulging yourself with gambling activities.
Starting with a week and slowly increasing to two weeks to a month, the budget would get easier to stick to and discipline would then set in.
Greed for more money can also make someone play using money not budgeted for such activities.

Budget allocation would be always recommended or something that would really be that crucial specially when dealing up with gambling.If you do find yourself that being impulsive when it comes to spending then there's something wrong with you and this is something that should really be stopped completely if you are really that making that huge spending into your money.
Gambling is for fun but on the time that you are already doing things which arent supposed to be done then it would really be always better that you should stop.
Bankroll handling would really be that important and if you arent discipline then you are really that close to disaster, this is why you should really be that careful.

Slow death

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Quote from: DubemIfedigbo001 on December 15, 2023, 01:26:23 PM

This is the simple way I'm able to control myself. Gambling is the last activity I do for the day, I make sure I'm done with everything of importance and all my tasks for the day have been fulfilled. I then deposit the amount I want to gamble with into the platform. I already know that on no account would I deposit twice into the account for a gambling session. As funny as it may sound, I time myself before I start gambling and I make sure not to spend more than three (3) hours in a gambling session. As soon as my alarm goes off, I stop and withdraw all leftovers in the platform to my main account and that marks the end of a session. It was difficult to maintain in the first period, I had to ask one of my female friends who lives close and hates gambling to collect my phone anytime my alarm goes off and I'm still in the platform. I guess I got used to it gradually, and sometimes I tend to extend my time intentionally, but my performance now is more moderate than ever all thanks to my new found formula. I'll mention that I don't gamble everyday as a way to curb addiction

Even though this strategy you created is effective for you, it also shows that you play constantly, you probably play every day and that's not good, if you were only playing a few days a week and had a few weeks without playing then you would have a lot of self control to the point where you don't need to use this strategy you created. I don't play those gambling games that depend on luck for the person to win, but I once played them, although it's been a long time, I can still remember the day I played those casino games. At that time I realized that slot games can make people spend many hours playing without them realizing that they have been playing for a long time.

Things like 2 hours become little time for people who play gambling games that depend on luck, especially when people deposit money and start hitting large multipliers, people start to think that if they keep playing they will be able to hit more multipliers and as a result they will make a lot of money, but at the end of the day they lose everything. In my opinion, people need to not play every day, people need to have life in the real world too. only play on days when they have free time and have no other entertainment in the real world

Nerdy doctor

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Quote from: |MINER| on December 02, 2023, 11:35:26 PM

In this case if I answer your question then the first answer will be first of all you should take gambling as only purpose of entertainment not for the main purpose is to be earning. Then I wanna say that set a limitation that can be a gambling budget for a days or for a week or month. Keep in mind that if you cross over this budget, you will have to stop gambling for the day. Moreover, of course, gambling should not be greedy.

You’ve got a point. I think if you’re someone who gambles a considerable lot, it would be safer if you made a budget for your gambling activities and strive to keep to it. That’s the best way on how to comfortably manage your finances so you won’t go over indulging yourself with gambling activities.
Starting with a week and slowly increasing to two weeks to a month, the budget would get easier to stick to and discipline would then set in.
Greed for more money can also make someone play using money not budgeted for such activities.

DubemIfedigbo001

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This is the simple way I'm able to control myself. Gambling is the last activity I do for the day, I make sure I'm done with everything of importance and all my tasks for the day have been fulfilled. I then deposit the amount I want to gamble with into the platform. I already know that on no account would I deposit twice into the account for a gambling session. As funny as it may sound, I time myself before I start gambling and I make sure not to spend more than three (3) hours in a gambling session. As soon as my alarm goes off, I stop and withdraw all leftovers in the platform to my main account and that marks the end of a session. It was difficult to maintain in the first period, I had to ask one of my female friends who lives close and hates gambling to collect my phone anytime my alarm goes off and I'm still in the platform. I guess I got used to it gradually, and sometimes I tend to extend my time intentionally, but my performance now is more moderate than ever all thanks to my new found formula. I'll mention that I don't gamble everyday as a way to curb addiction

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Quote from: South Park on December 15, 2023, 12:52:43 PM

Quote from: Blitzboy on December 09, 2023, 11:03:51 AM

We typically consider victories "free money". Its not free. At most, it refunds past losses. Remember that gambling is a cycle of wins and losses. Considering winnings free cash? A slippery slope. It distorts our value perception. Now we're wagering more, risking our earnings and possibly our cash. Mindset issues arise from this habit. We must be responsible with all our resources, not just the winnings. The key? Self-control and awareness. We must break the cycle, think large, and control our urges. Thats the true game - not at the tables.

It is because of this tendency that all the money that touches our hands needs to be treated the same, as this is something that happens quite often as well when a person finds some money on the street, they think of that money as free money and immediately spend it, they fail to realize that by thinking like this not only they are wasting their good fortune in something they do not need, but they are increasing the chances they do this as well with the rest of their money.

If you do really be able to see the value of that money that you had earned from your day job and having those kind of non simple task or job then for sure you would really be hesitated on making use on something that could easily blown it away which is on gambling. Cool

Somehow, there are people who are really that sensible and there are ones who arent and this what makes this industry to be so profitable because people do really fail on doing even on the basic steps or basic approach on how things should really be deal up with but instead they would really be tolerating out their addiction until
they would really be making themselves getting bust up in the end. This is why it would really be that important that you should be having that kind of control because if not then you would really
be ending up on getting miserable.

South Park

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I am terrible at Fantasy Football!!!

Quote from: Blitzboy on December 09, 2023, 11:03:51 AM

We typically consider victories "free money". Its not free. At most, it refunds past losses. Remember that gambling is a cycle of wins and losses. Considering winnings free cash? A slippery slope. It distorts our value perception. Now we're wagering more, risking our earnings and possibly our cash. Mindset issues arise from this habit. We must be responsible with all our resources, not just the winnings. The key? Self-control and awareness. We must break the cycle, think large, and control our urges. Thats the true game - not at the tables.

It is because of this tendency that all the money that touches our hands needs to be treated the same, as this is something that happens quite often as well when a person finds some money on the street, they think of that money as free money and immediately spend it, they fail to realize that by thinking like this not only they are wasting their good fortune in something they do not need, but they are increasing the chances they do this as well with the rest of their money.

Topic: How discipline are you in managing your bankroll? - page 3. (Read 1616 times)