How to control greed on gambling? - page 67.

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Quote from: oxygen88 on April 28, 2017, 03:52:34 AM

set a target and always withdraw your bitcoin out when you reach the target you set for the day

You didn't mention whether the target is only for profit or even set for a negative side as well. So what if you never reach your profit target? Suppose you have a bigger bankroll and didn't reach your profit target then whether you will continue gambling until you reach your profit target?

I suggest you can fix a profit margin for the day but also remember don't load bigger amount to these casinos. If you have a bigger bankroll then you also need to set a limit for loss for each session to reduce your losses.

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Quote from: oxygen88 on April 28, 2017, 03:52:34 AM

set a target and always withdraw your bitcoin out when you reach the target you set for the day

That’s pretty much it, if the person that is gambling knows when to stop gambling and walk with the money that he made then he is a very successful gambler. Walking with the money is pretty much every gamblers goal though there’s going to be really tough situations that gambling won’t have that sort of success unless the amount of money is not earned though a proper limit would be just walk when the gambler knows when it will get tougher to make money.

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Quote from: Fireblade on April 28, 2017, 04:54:41 PM

Quote from: geegaw on April 28, 2017, 12:00:38 PM

Quote from: BillCoin on April 28, 2017, 03:54:16 AM

I think that the best way to do that is to gamble not for money, gamble for the excitement.
If you are gambling to earn money, means you are a "greedy gambler".
Greedy gambler gambles to earn funds, no to have fun, and he will always search for more profits, if a "fun gambler" loses a bet he wouldn't care that much.
But if a "greedy" gambler loses a bet then he will fight to get back his money and sometimes he will find himself losing more then he could afford losing.

Yeah, gambling is not for money, a lot of people start gambling not for money, they gamble for fun but after a long time playing gambling, they became greedy and they started gambling because money. Greed is our instinct, we never realize when we become greedy, when greed appears, greed is can not control, some people told me they set limits and goals, after completion they will stop gambling. Yes, effective but only a short time, sooner or later we will overcome the limits and we will lose everything. Greed will always exist when we gamble, greed will only disappear when we give up gambling

but to me i think gambling is totally made for making money, i do not think that majority of people are playing gambling for making furn and enjoyment i think most of the people play gambling for making money as they consider gambling one of the most easiest way of making money, but in fact the reality is a little different as most of the people are losing money in gambling instead of increasing their assets.

I think that might be a bit of a generalization, I'm sure there are also a lot of people who view gambling purely as a form of entertainment.
If you're looking at gambling as a way to make money, you're pretty much an addict already and I doubt that the majority of people that gamble are addicts.

Fireblade

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Quote from: geegaw on April 28, 2017, 12:00:38 PM

Quote from: BillCoin on April 28, 2017, 03:54:16 AM

I think that the best way to do that is to gamble not for money, gamble for the excitement.
If you are gambling to earn money, means you are a "greedy gambler".
Greedy gambler gambles to earn funds, no to have fun, and he will always search for more profits, if a "fun gambler" loses a bet he wouldn't care that much.
But if a "greedy" gambler loses a bet then he will fight to get back his money and sometimes he will find himself losing more then he could afford losing.

Yeah, gambling is not for money, a lot of people start gambling not for money, they gamble for fun but after a long time playing gambling, they became greedy and they started gambling because money. Greed is our instinct, we never realize when we become greedy, when greed appears, greed is can not control, some people told me they set limits and goals, after completion they will stop gambling. Yes, effective but only a short time, sooner or later we will overcome the limits and we will lose everything. Greed will always exist when we gamble, greed will only disappear when we give up gambling

but to me i think gambling is totally made for making money, i do not think that majority of people are playing gambling for making furn and enjoyment i think most of the people play gambling for making money as they consider gambling one of the most easiest way of making money, but in fact the reality is a little different as most of the people are losing money in gambling instead of increasing their assets.

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Quote from: crairezx20 on December 27, 2016, 02:23:09 PM

I think the only thing that the best that we can do to control our greed is to become fun and enjoying the gambling game and not targeting high profit or high price since it is a nature of people that can be greed. if people are targeting profit we will be greed but if we are just gamble with fun and entertainment well you can ontrol your self from greediness..

All who involve in gambling experience greedy although if you play for just fun and entertaining you can aim your purpose and it is for giving happiness to your self. Experience is one thing that can help to avoid being greed, with this you can control your emotions then play as good. I'm sure you can control being greedy and make a win. Your correct that being greedy first come when you make a target profit but you can reach it by an experience also. Either your opponent gives pressure to play more games then it results winning but in the end the result will be losing because of being greedy.

It is also defend in your type of gambling you play. Like card game, since you know some strategies or sure the game you play, play more the opportunity is their. But if not familiar don't play more and and don't assume to win, don't be greedy to avoid much losing. Then other reason why we become greedy is we want to comeback our money. In this case just stop they have another day.

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Quote from: BillCoin on April 28, 2017, 03:54:16 AM

I think that the best way to do that is to gamble not for money, gamble for the excitement.
If you are gambling to earn money, means you are a "greedy gambler".
Greedy gambler gambles to earn funds, no to have fun, and he will always search for more profits, if a "fun gambler" loses a bet he wouldn't care that much.
But if a "greedy" gambler loses a bet then he will fight to get back his money and sometimes he will find himself losing more then he could afford losing.

Yeah, gambling is not for money, a lot of people start gambling not for money, they gamble for fun but after a long time playing gambling, they became greedy and they started gambling because money. Greed is our instinct, we never realize when we become greedy, when greed appears, greed is can not control, some people told me they set limits and goals, after completion they will stop gambling. Yes, effective but only a short time, sooner or later we will overcome the limits and we will lose everything. Greed will always exist when we gamble, greed will only disappear when we give up gambling

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Quote from: FlightyPouch on April 28, 2017, 03:50:29 AM

Quote from: boyptc on April 28, 2017, 03:42:38 AM

Quote from: lockept93 on April 27, 2017, 10:17:14 PM

You have to forget that ou handle with money. Just think these chips are points or something like this. Concentrate on strategy not on big wins.

If you will concentrate on the strategy still that will lead you to become greedy. It's better that you should put your hands off with your money temporarily so that you won't be thinking about your greediness. And always think that you shouldn't go for more profit, as long as you had enough win that matters.

I think if you will really concentrate on your strategy, it is best to not hold your money so you will not be thinking to gamble again, or maybe gamble to use your.money not just greediness. Even without greediness you can still think of using that money to gamble so it will still be leading to greediness.

So how you are going to manage your money, are you going to allow someone to hold it for you? I guess that will be a good idea if you are pointing with that strategy. You will have an assurance that you won't be using your fund and you can avoid greediness because you don't have something to gamble.

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Quote from: iluvbitcoins on April 28, 2017, 06:04:03 AM

Quote from: Kevin77 on April 28, 2017, 04:18:25 AM

Quote from: boyptc on April 28, 2017, 03:42:38 AM

Quote from: lockept93 on April 27, 2017, 10:17:14 PM

You have to forget that ou handle with money. Just think these chips are points or something like this. Concentrate on strategy not on big wins.

If you will concentrate on the strategy still that will lead you to become greedy. It's better that you should put your hands off with your money temporarily so that you won't be thinking about your greediness. And always think that you shouldn't go for more profit, as long as you had enough win that matters.

But without concentrating on our strategy, how we can have the highly mattering enough win ? So controverting.

Greedy is a psychological failure and when we are having the capability to control our emotions, we can get rid of being greedy. Until not getting ready emotionally for gambling, no gambler could escape from this emotional failure.

Having a strategy and making profits will be good for every gambler but thinking of making more profits will lead to greediness which is the root cause of most of the gambling problems. Setting some limit and quitting once reaching those limits will be a practical solution but not that easy to follow.

All you need to do is quit while you're ahead

Since the edge is against you it's only a matter of time when you're going to fall behind

Casinos operate solely on greed

Even if the edge was on your side, you'd play more and more and more since you are winning
Eventually luck would catch up and since the casino has thousands of times bigger bankroll then you do, they will beat you.

Greed = none
if you quit while you're ahead

I agree. This is the number one cause why people get bankrupt when they already had profited already. Greed is the number one enemy of a gambler and he risks losing it all by getting greedy and not settling for what he has already achieved. I think this is really human nature, greed is part of our system and the best thing we can do is just control it to the best of our abilities.

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Quote from: Kevin77 on April 28, 2017, 04:18:25 AM

Quote from: boyptc on April 28, 2017, 03:42:38 AM

Quote from: lockept93 on April 27, 2017, 10:17:14 PM

You have to forget that ou handle with money. Just think these chips are points or something like this. Concentrate on strategy not on big wins.

If you will concentrate on the strategy still that will lead you to become greedy. It's better that you should put your hands off with your money temporarily so that you won't be thinking about your greediness. And always think that you shouldn't go for more profit, as long as you had enough win that matters.

But without concentrating on our strategy, how we can have the highly mattering enough win ? So controverting.

Greedy is a psychological failure and when we are having the capability to control our emotions, we can get rid of being greedy. Until not getting ready emotionally for gambling, no gambler could escape from this emotional failure.

Having a strategy and making profits will be good for every gambler but thinking of making more profits will lead to greediness which is the root cause of most of the gambling problems. Setting some limit and quitting once reaching those limits will be a practical solution but not that easy to follow.

All you need to do is quit while you're ahead

Since the edge is against you it's only a matter of time when you're going to fall behind

Casinos operate solely on greed

Even if the edge was on your side, you'd play more and more and more since you are winning
Eventually luck would catch up and since the casino has thousands of times bigger bankroll then you do, they will beat you.

Greed = none
if you quit while you're ahead

Kevin77

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Quote from: boyptc on April 28, 2017, 03:42:38 AM

Quote from: lockept93 on April 27, 2017, 10:17:14 PM

You have to forget that ou handle with money. Just think these chips are points or something like this. Concentrate on strategy not on big wins.

If you will concentrate on the strategy still that will lead you to become greedy. It's better that you should put your hands off with your money temporarily so that you won't be thinking about your greediness. And always think that you shouldn't go for more profit, as long as you had enough win that matters.

But without concentrating on our strategy, how we can have the highly mattering enough win ? So controverting.

Greedy is a psychological failure and when we are having the capability to control our emotions, we can get rid of being greedy. Until not getting ready emotionally for gambling, no gambler could escape from this emotional failure.

Having a strategy and making profits will be good for every gambler but thinking of making more profits will lead to greediness which is the root cause of most of the gambling problems. Setting some limit and quitting once reaching those limits will be a practical solution but not that easy to follow.

BillCoin

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I think that the best way to do that is to gamble not for money, gamble for the excitement.
If you are gambling to earn money, means you are a "greedy gambler".
Greedy gambler gambles to earn funds, no to have fun, and he will always search for more profits, if a "fun gambler" loses a bet he wouldn't care that much.
But if a "greedy" gambler loses a bet then he will fight to get back his money and sometimes he will find himself losing more then he could afford losing.

oxygen88

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set a target and always withdraw your bitcoin out when you reach the target you set for the day

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Quote from: boyptc on April 28, 2017, 03:42:38 AM

Quote from: lockept93 on April 27, 2017, 10:17:14 PM

You have to forget that ou handle with money. Just think these chips are points or something like this. Concentrate on strategy not on big wins.

If you will concentrate on the strategy still that will lead you to become greedy. It's better that you should put your hands off with your money temporarily so that you won't be thinking about your greediness. And always think that you shouldn't go for more profit, as long as you had enough win that matters.

I think if you will really concentrate on your strategy, it is best to not hold your money so you will not be thinking to gamble again, or maybe gamble to use your.money not just greediness. Even without greediness you can still think of using that money to gamble so it will still be leading to greediness.

boyptc

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Quote from: lockept93 on April 27, 2017, 10:17:14 PM

You have to forget that ou handle with money. Just think these chips are points or something like this. Concentrate on strategy not on big wins.

If you will concentrate on the strategy still that will lead you to become greedy. It's better that you should put your hands off with your money temporarily so that you won't be thinking about your greediness. And always think that you shouldn't go for more profit, as long as you had enough win that matters.

lockept93

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You have to forget that ou handle with money. Just think these chips are points or something like this. Concentrate on strategy not on big wins.

RedX

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Quote from: Apriand on December 27, 2016, 01:12:22 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.

I think your experience will teach you how to control your greed. Greed is a natural feeling and controlling it will take a lot of effort. It might take some time but I know you can teach yourself on how to do that. Professional gamblers have been through that and they did it.

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Quote from: stripykitteh on April 27, 2017, 08:58:41 PM

Greed is one of the reasons why someone that has a bunch of money shouldn’t gamble. If someone with a bunch of money tries to gamble then they will eventually lose their money because they would want more money if they win. Having too much money is not a term for someone who is rich to know, that is why people call them greedy when there is people starving in the 3rd world countries. Who knows how they will try to get their greed cured though.

Having lot of money or few,doesn't matter when once get addicted, some continues to play even they already knew there's no need since they already have lots of money , same with people who continue to play and finds a way to play even they don't have money, Once greed attracts to a gambling addict they don't identify whether they have lot or few money they will just think on how to play or how they can win. This should be cure with their love once guidance by making them realize that there is more in life than being greedy.

stripykitteh

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Greed is one of the reasons why someone that has a bunch of money shouldn’t gamble. If someone with a bunch of money tries to gamble then they will eventually lose their money because they would want more money if they win. Having too much money is not a term for someone who is rich to know, that is why people call them greedy when there is people starving in the 3rd world countries. Who knows how they will try to get their greed cured though.

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It is quite hard to control one's greed specially when a person feel that he is so lucky he can win everything but people will be able to control it by simply putting a limiter on everything we do. We should put a limit to the amount we wanted to win for that day. It can be don by setting the amount we wanted to win that day and if we met the requirement then we can stop. This always fall to the category of self discipline though. Without it we will be lost in the ocean of greed forever.

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Being greed in gambling sites I think is the hardest thing to do, Because once it came into a behavior of a gambler that's what you gambling addiction. And the tools that can use to that things was controlling our emotions during the games.

Topic: How to control greed on gambling? - page 67. (Read 26750 times)