How to control greed on gambling? - page 54.

erwin45hacked

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Quote from: Xavofat on May 31, 2017, 04:44:41 AM

The way to do it is just to set an upper limit which is similar to the lower limit.

Then even if you gamble a lot, it's still possible for you to beat the house against the odds.

Thats pretty silly thing to do, dont set anything up. Quit while you feel that it is enough and keep going when you feel that it is not enough. It is simple and everyone should be able to do that. There is no point to set up a limit if you dont feel like it is enough, in the end you are responsible for your own action anyway

Baofeng

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Quote from: USSENT on May 31, 2017, 04:20:35 AM

it's not easy regardless of how much you win, there will be a desire to get more which might lead to the loss of the earned profit and capital money, setting a limit to yourself "of x bet, x profit" might be a good strategy IMO if you can enforce it on yourself.

Yes, but the problem lies when the gambler has loss by setting limits. And then he try to reach on his pocket once more to try and recover his loss bitcoin. So its really hard to set limit or enforce it when you are really addicted to gambling. The best way to really control is not to play and totally give it up. Because we all know that at the end, everyone will not win at all.

gabmen

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Quote from: ethereumhunter on May 31, 2017, 05:03:09 AM

Quote from: Xavofat on May 31, 2017, 04:44:41 AM

The way to do it is just to set an upper limit which is similar to the lower limit.

Then even if you gamble a lot, it's still possible for you to beat the house against the odds.

i have been in that situation like you said and yes its really hard to do especially if we don't have any experience to control our greed. what happen to me is i can not control myself and only continue the games, but after trying and trying more, i think now i can controlled although sometimes i still hard to handle especially if i can see that my chance to win is big.

I don't really think its that bad to go further if you're chances are good. though yeah you should know when it's time you had enough. just don't put your hopes too high for gambling and expect meager winnings to avoid becoming greedy.

Obito

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Quote from: Quietman on May 30, 2017, 09:34:26 PM

Quote from: Apriand on December 27, 2016, 12:29:09 PM

Quote from: harizen on December 27, 2016, 12:16:31 PM

Quote from: Apriand on December 27, 2016, 12:12:22 PM

As i know gambling is all about luck and how to control my greed, except sportbetting (of course need skill and strategy).

I have experience in gambling (casino), somtime i hit big only with faucet or free money and i can withdraw from that. but because my greed i always want more and more, then i'll come again with my money as bankroll. Bet more and hope win more, but because of that i'll lose my money little by little and usually i'll stop after my bankroll to be "0". I call that with greed.
Anyone here have any suggestion to control my greed? Let me know.

Actually you doesn't need any advices and suggestions here to control your greed. It's you after all and the moment you asked questions like that, you already popped out from the usual manner when playing gambling.

You noticed that you are too much greedy in your gambling activity meaning you noticed that your money is losing at all. You realized it now and you care now for your future actions. How to control it? You already know the answer and doesn't need spiritual advice here. Good luck.

I've tried several ways, try away from gambling after won something but i cant, i always want back an back again. I need suggestions who know anyone here have experience and success control his/her greed.

Experience is the solution of being greedy in gambling, it is the way we control our emotions. With experience we can handle those emotions that bring to losing. Because of this you can win also, and if we lose it not too much.

Indeed, I also think that experience is the key to control gambling. I can say that because if you hav enough ecperience then you could not control your emotion but aslo to give an idea on how to deal the situation. Having an experience will give you a greater chance to win in gambling.

ethereumhunter

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Quote from: Xavofat on May 31, 2017, 04:44:41 AM

The way to do it is just to set an upper limit which is similar to the lower limit.

Then even if you gamble a lot, it's still possible for you to beat the house against the odds.

i have been in that situation like you said and yes its really hard to do especially if we don't have any experience to control our greed. what happen to me is i can not control myself and only continue the games, but after trying and trying more, i think now i can controlled although sometimes i still hard to handle especially if i can see that my chance to win is big.

Xavofat

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Did you see that ludicrous display last night?

The way to do it is just to set an upper limit which is similar to the lower limit.

Then even if you gamble a lot, it's still possible for you to beat the house against the odds.

mariahronny

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In other to control greed in gambling one have to Set limits: If one have the potential to bet beyond his/her comfort zone. Its a good idea to set a daily limit at the Bookmaker to ensure you don't do anything you regret.
Lower the risk: it might be an idea to bet at lower odds you bet at to ensure that you don't have huge swings in the results. And don't raise stakes to chase loses, hold steady at a comfortable maximum stake.

The greed will make you lose money, so in each instance when greed affects your profits that should be lesson enough. Bettors learn by their mistakes, it’s a constant learning curve.
If you approach your betting from a standpoint of protecting your bank/funds then the greed trait is negated.

USSENT

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it's not easy regardless of how much you win, there will be a desire to get more which might lead to the loss of the earned profit and capital money, setting a limit to yourself "of x bet, x profit" might be a good strategy IMO if you can enforce it on yourself.

poplolnman

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Quote from: Finestream on May 31, 2017, 02:07:35 AM

Quote from: illaslli on May 30, 2017, 09:37:32 PM

Decide exactly what you will gamble beforehand and what u will do if u win and where u will stop and don't deviate from ur pre prepared strategy that way you know exactly what you risk losing and when you will stop so greed doesn't take over. That's how I control myself but I understand the temptation to deviate from a plan especially when you feel luck is on your side.

In short you have to make a plan before gambling and you have to follow it no matter what happen.
Every gambler needs a good level of discipline to be able to follow their game plan, otherwise they will expense in gambling more than they allocate on it. Being greedy is normal to a person but we need to control it or it will kill us in the end.

if you mean to stick to the rules then yeah i agree with it. greedy are something that always destroy your plan , that's why you need to take control over it by do some prevention action like immediately shut your computer down once you think you are gonna doing something crazy because of greedy. experience at this point would really helpful.

arbitrage

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This greedy system is guilty for all man's failures, they force us in their institutions, learning us what they want, paying us with their money and we buying food and other with this filthy money. At the end we are guilty when we have fantasy of normal life ..They call it Greed!
One day people will live in in better world.

TrissMerigold

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block gambling site might be a bit help , lol greed is hard to control , basically your mind just suggesting you to put big stakes and then you know you will lose but your mind says i can cover it later , and then sadly you cant recover it Grin

Omegasun

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Quote from: Finestream on May 31, 2017, 02:07:35 AM

Quote from: illaslli on May 30, 2017, 09:37:32 PM

Decide exactly what you will gamble beforehand and what u will do if u win and where u will stop and don't deviate from ur pre prepared strategy that way you know exactly what you risk losing and when you will stop so greed doesn't take over. That's how I control myself but I understand the temptation to deviate from a plan especially when you feel luck is on your side.

In short you have to make a plan before gambling and you have to follow it no matter what happen.
Every gambler needs a good level of discipline to be able to follow their game plan, otherwise they will expense in gambling more than they allocate on it. Being greedy is normal to a person but we need to control it or it will kill us in the end.

Discipline is awhat everyone needs to get successful ,if we let ourselves greed over things we might regret it after a while.

Finestream

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Quote from: illaslli on May 30, 2017, 09:37:32 PM

Decide exactly what you will gamble beforehand and what u will do if u win and where u will stop and don't deviate from ur pre prepared strategy that way you know exactly what you risk losing and when you will stop so greed doesn't take over. That's how I control myself but I understand the temptation to deviate from a plan especially when you feel luck is on your side.

In short you have to make a plan before gambling and you have to follow it no matter what happen.
Every gambler needs a good level of discipline to be able to follow their game plan, otherwise they will expense in gambling more than they allocate on it. Being greedy is normal to a person but we need to control it or it will kill us in the end.

eann014

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Quote from: erwin45hacked on May 30, 2017, 02:37:38 AM

Quote from: eann014 on May 30, 2017, 12:00:09 AM

I think it is a nature of a person because each person has their own percentage greediness and I think those who has a high percentage of greed will always get addicted in gambling, not just in gambling but also that involves money. Well, we are the one's who will help ourselves and we are also the one's who will help ourselves so we can control being greedy.

Everyone is greedy by nature. Even if you think you are not, you are still greedy. The fact that everyone wants to have better life means they are greedy, it is in our nature and there is nothing that could stop it. The only thing is to control it and dont let it control you therefore you wont lose yourself when you are gambling

Yeah I know that being greedy is our nature, who are not greedy at all? I think there is no person who is not greedy out there right? So controlling our greed is what we need to do. So that we cannot lose lots of money in gambling. We need to choose whether to stay on that situation or you may just stop playing gambling and instead of playing just save your money.

illaslli

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Decide exactly what you will gamble beforehand and what u will do if u win and where u will stop and don't deviate from ur pre prepared strategy that way you know exactly what you risk losing and when you will stop so greed doesn't take over. That's how I control myself but I understand the temptation to deviate from a plan especially when you feel luck is on your side.

Quietman

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Quote from: Apriand on December 27, 2016, 12:29:09 PM

Quote from: harizen on December 27, 2016, 12:16:31 PM

Quote from: Apriand on December 27, 2016, 12:12:22 PM

As i know gambling is all about luck and how to control my greed, except sportbetting (of course need skill and strategy).

I have experience in gambling (casino), somtime i hit big only with faucet or free money and i can withdraw from that. but because my greed i always want more and more, then i'll come again with my money as bankroll. Bet more and hope win more, but because of that i'll lose my money little by little and usually i'll stop after my bankroll to be "0". I call that with greed.
Anyone here have any suggestion to control my greed? Let me know.

Actually you doesn't need any advices and suggestions here to control your greed. It's you after all and the moment you asked questions like that, you already popped out from the usual manner when playing gambling.

You noticed that you are too much greedy in your gambling activity meaning you noticed that your money is losing at all. You realized it now and you care now for your future actions. How to control it? You already know the answer and doesn't need spiritual advice here. Good luck.

I've tried several ways, try away from gambling after won something but i cant, i always want back an back again. I need suggestions who know anyone here have experience and success control his/her greed.

Experience is the solution of being greedy in gambling, it is the way we control our emotions. With experience we can handle those emotions that bring to losing. Because of this you can win also, and if we lose it not too much.

bettercrypto

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There is no other way to control greed but to impose a self discipline. Plan the way we play , the amount we want to win , the amount we are willing to lose and follow it. Sticking to the plan requires self discipline and it would give us a lot of control over greed if we follow and stick with the plan.

milewilda

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Quote from: Oralmat on May 30, 2017, 08:11:06 AM

Quote from: maxpowerzz92 on May 27, 2017, 03:11:42 PM

If you try to double your money right away, then that's a losing scenario in the long run. Set your sights lower instead to come out ahead.

The idea is that you'll be up 20% before you lose 100%. Take many small wins versus one big loss. If you decide to keep playing after going up 20%, cash in your initial amount and play with the house money. If you keep winning, then good for you!

Mostly gambler including me have that thinking, we want to double our money, and that is greediness, and when we start to play in this way to double our money, in reality it mean we will get double lose. Yeah you are right, only 20% chances to win double amount, and 80% chances we have to lose our money. But when we control our greedy in gambling, than definitely we have 80% chances to win fun and money and 20% chances to lose.

20% out of our bankroll would really be ideal and should really be a good indication that we should really put limit on that gains. Doubling is really impossible specially when we do have big bankroll and thats really impossible to reach unless if we are lucky enough to sustain it for longer runs but what we know about gambling anytime it will really bust up and wipe out our bankroll in an instant thats why we should always think how to get out when we are already on gains.

Oralmat

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Quote from: maxpowerzz92 on May 27, 2017, 03:11:42 PM

If you try to double your money right away, then that's a losing scenario in the long run. Set your sights lower instead to come out ahead.

The idea is that you'll be up 20% before you lose 100%. Take many small wins versus one big loss. If you decide to keep playing after going up 20%, cash in your initial amount and play with the house money. If you keep winning, then good for you!

Mostly gambler including me have that thinking, we want to double our money, and that is greediness, and when we start to play in this way to double our money, in reality it mean we will get double lose. Yeah you are right, only 20% chances to win double amount, and 80% chances we have to lose our money. But when we control our greedy in gambling, than definitely we have 80% chances to win fun and money and 20% chances to lose.

ethereumhunter

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to control greed need more power especially on gambling because once we are in greedy, then we can forget that we are playing gambling is just for fun only and not because the money. controlling our greedy is not easy, we need to learn and practice every day in many aspect so we can be familiar to control and we can handle with easy.

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