For much long now I have never place bet with a higher amount but there was a bet i placed few days ago and i was tempted to increase my wager from what it should be before, Let say i often gamble with at least 200 Naira and maximum is 2,000 for a multiple bets But recently something came into me to start increasing my wager above my limits due to a game that was predicts to me it gives me all possibilities that I could cash out big time. This now made me to come here to asked how do you control your greed with your bet amount, do you go ahead placing the bet as your minds speaks or do only maintain to your limits whether it plays or not doesn't matter.
This is common with most gamblers including me. The desire to win big is always there and if not checked can lead to playing beyond budget. How I handle this is to set rules and write them down; in the rule, the amount to play per bet , number of bets per day and target win and risk ratio are determined before ever placing the bets. This helps me manage my emotions better and so far, it has been helping me.
Again why do you regret after putting smaller amounts and it happens the games went as planned and starts blaming yourself for not increasing your bet amount, maybe by now you could have cashed out big time.
Personally I believe in playing small amount while targeting big winning but I do have games I also play big amounts depending on certain conditions. I do not feel bad irrespective of the outcome of my bets because I already determined how much I am expecting to win or loose before placing the best.
How do you control this thought over your ends do you keep to your regulations of always placing bets with some limits or you place bet according to your mind and regrets after losing that amount for not following your limits?
Betting can be painful without rules that will help you curb some negative habits. I strongly recommend anyone who wants to see gambling as business to develop self-paced strategy... that is how to survive in the business.