Topic: how to get over it (Read 1177 times)

I don't know anyone who makes a profit like this, and to be honest I think I would not believe it unless that person shows me the plays and how he did it in the casino, if so, yes because it is very easy to say and ensure that he knows that he did something like that, but without proof, anyone can say that he is superman, and you have to believe it, no, at least someone who wins those huge amounts of money, well, it does not hurt to show captures, players and that's it. It's more credible, although I somewhat believe that if a person has that ability that I know exists, I admire them very much, because I don't know if one day I'm going to experience a risk of such a high magnitude, for me those figures are really quite impossible.

I always pay attention to the earnings of some gamblers in casinos, and this seems to me to be very impressive, because emphasis is always placed on what is won, but not what the person has experienced to get there, however, as I said before, it would be good if it could show the gains, the losses, because these types of people also have losses and it is normal both in gambling and in trading, there will always be wins and losses, but it is good that they show The way it got there is not easy, because I know that everything has its effort, but this forum always tries to show everything that a person can do in a detailed way, and for that it is also clear respect if you don't show it, but you should.

I definitely agree. The likes of people who have that kind of attitude is more likely to go in an unwanted path because they don't have the mindset to weigh things first and what could be the repercussions if something will fail along the road. What they think is only the adventure they could face and the results of their actions, YOLO is fun I can give them that but it's more advisable to only equip that attitude in certain situations.

Usually people who adopt this YOLO attitude don't care about the risk, what they think is how to do everything that they want, their desire and fulfill their satisfy. I always stay away against this kind people, they're not thinking about the future because they only think about themselves.

Even there are many people don't a purpose to marry someone, make a child, and have a family, they need to think how to manage their financial, how to survive and not making any mistake that could ruin their life or their's family.

If I am honest I have always thought that this YOLO attitude to be kind of odd, after all the whole idea of this you only live once is then used as an excuse to do all kind of irresponsible actions, however it is precisely because we only live once that we should be incredibly responsible with every single action that we take.

After all in some cases a single mistake can be big enough to ruin our entire lives, and as such we cannot take this libertine attitude towards our own life as sooner or later we will have to pay the price.

If that person just looked at other people's lifestyles and wanted to try it because it looked cool, they probably wouldn't be in financial trouble for long because they have no idea how much money these people are already spending on gambling. They only see the outside without asking how much money to gamble so they think it's cool.

Those who already make money from their work and think wisely will not want to use a lot of money to gamble or just have fun gambling. They feel it is better to save the money for other, more necessary purposes. They know that playing gambling in casinos will never give them money so they think of just getting over it.

Or what we call YOLO, but for some, it's a suicidal kind of betting.

And with that, there is a lot of ups and downs and it's really hard to get over it specially when you think that your luck is going to continue and suddenly you went downhill and it's hard psychologically to get over it.

However, I do believed that the OP has managed it already, and for sure he might be betting again with this kind of strategy.

Sounds like OP has been on some wild rides. It’s best to think of this sort of gambling like a roller coaster. You’re paying for the highs and lows and you got them. You must enjoy yourself or you wouldn’t continue to do it, so I’m assuming your entertainment didn’t make it “countless failures” but countless entertaining moments.

The average person when they look at the habits and behaviors of the rich, they see a person that spends way more money than what they could ever afford and they want that lifestyle for themselves.

But what they do not see is everything that is behind it, they do not see the countless hours of hard work that went into making enough money in order to make the large bets they see the rich making at the casino, so when they want to imitate their behaviors then it is not surprising that they fail miserably, as the average person simply does not has the money necessary to sustain such expenses for a long period of time.

Rich people are synonymous with people who have more money than most, and we always think that these rich people have unlimited money. And this makes many people want to be rich so they will try to get lots of money, one of which is from gambling. But instead of getting rich, they lose all their money and can't achieve their dream of becoming rich. If the rich can manage their finances and get more sources of income, it will make them even richer. And they can use their wealth to gamble but will think of building a casino instead of gambling because it will be more profitable for them. So be careful if people dream of getting rich from gambling because that is not easy to get.

Not many gamblers can make thousands or even hundreds of dollars like you when betting in casinos. However, there isn't much you can do when you have achieved big things, which is not common even among old gamblers. So the problem here is that you lack control, of course with that big win the ambition to achieve more than that will continue to haunt you. It is indeed very unfortunate that anyone when pursuing the big profits from what he has achieved will end tragically. Even if you look at it in a healthy way, you have achieved extraordinary benefits as mentioned. Just as a form of advice, if you really have that kind of ambition, try to take a break from gambling patterns to take the time to learn how to control your emotions. Gambling without emotion will only push you into a struggle of dissatisfaction.

A genius with no discipline is not a genius in my opinion, he could achieve great things if he could do things in a more organized way. When it comes to betting and winning, he surely is a genius and his win percentage is probably higher than his lost percentage and that is the reason why he is being able to convert small amounts into big ones, but what does he do at the end is what makes him start over every single time which isn't what should be done.

I understand that he has a goal of achieving $1m through this method but he can do it with more discipline, maybe cut down the betting percentage after a big win, like if he has managed to win $500k for discussion's sake, he should make the next bet with just $100k and leave $400k behind so that he gets to have 4 more shots left if he loses.

There's no such thing about unlimited fund but we do know that we do really have that so called ranking or financial status or capability on which the amount that a certain rich person would possess is something that cant be

known on which means that if someone do make out these kind of huge big bets in certain gambling activity on which we poor people would really be just that amazed on how these rich people would be making out these bets.If they could be able to afford on doing such thing then just let them be because its their money and incase they lost then its their money that had been used. There are really just those people
who are really that having those kind of mindset and targets on achieving on something on their gambling activity.

It is really that just too drooling on how much money that they are really that betting on on which it cant really be avoided sometimes for you not to make out any comments or any advises on how they are really that spending.

Yep, rich people do have a lot money than the poor, but it's not mean these rich people have unlimited money. If the rich people keep gamble and lose all of their money, they would become poor. But it's quite rare for rich people become an addict and lose all of their money since they have a good financial management and know every risk before doing anything. I think it's only for rich people who come from their parents' wealth, usually their kids don't know how to manage their money.

It doesn't matter if they are rich or poor; if they decide to gamble, they must realize that their money can be lost at the gambling table. And that's why they must be ready to accept it and not make a big deal. And if they end up losing their money, they should not try to recover it because it will be difficult for them and there is no guarantee they will be able to get it at the gambling table. There is a risk of losing money at gambling but most gamblers are not ready to accept that loss and if they end up losing their money, they even try to recover it, which will not be easy.

Riches are generated within a day or an hour, the moment we learned to adapt to all circumstances, the more speedy we get our problems solved. I'm not frightened to lose my money; as I keep saying, losing money is nothing as long as we continue to make it conveniently. There's an old proverb that says if you can make $10, you can make $100 or even a thousand dollars. We are prepared to confront the worst, but it is always preferable to have a positive mindset toward the system. It might make one more financially balanced and confident, but it can also be one of the reasons why some gamblers are in debt today.

  I feel if you've encountered countless failures and still find it hard to quit it might only mean that you're an addict or gradually turning into a gambling addict, no offence please and before you aired our it means you're really in need of help, we'll I don't know you in person but I could leave you with some good advices that could help you, but first off I want you to know that asides from the gambling strategies you use there are other means you can use to earn a living and meet up your target, the bitcoin halving is fast approaching you can buy now and hodl until the halving, you can as well invest in real estate or buy shares if you still have some cash available, though some people have been lucky and had success in gambling but it should be seen as a means of lively hood but rather for fun and done with spare money.
 Now my advise for you is that, you should know when to quit and I think now is the right time to do that, seek help from therapists, you can as well seek a support group that would help you get over gambling, quitting gambling might not seem easy so you could postpone gambling for a while so as to keep a stable mental health, seek advise or get closers to family members and discuss about your addiction. I believe this few advise of mine would help you get over it, goodluck.

Well, i like what you have to say. and yes, we agree. and, it sounds like that's your problem "OP".
OP bet too much, even I don't really understand what OP is doing in gambling. I will quote what the OP said, How do I get over the countless failures? I've been chasing the $1,000,000 dream for years.
first, OP must realize that every bet that is made always carries the risk of losing. with the OP's betting style, and the targets he's aiming for, something I didn't even think about. if, OP can do it like he did step by step, why don't he try to do it again. provided that the betting session is carried out wisely, and every analysis and research is carried out very carefully.

Well, the point you said seems to be often applied by gamblers. if we win 80, save 40, and bet another 40.  and, this idea is ideal. unfortunately in practice, it is not as easy as we say. in fact, to win 1-2 matches in a single bet, the risk is quite large. IMO, the most fun thing is betting without burden.

But, that isn't actually the case with OP as he isn't always losing but he is losing everything because of his own mistakes of going all in after every win which is not how it should be done. I know that it's not easy to let go when you are losing constantly and your mind keeps telling you that you need to recover everything you've lost before you quit which never happens, but making $550k with only $11k and then losing it all in a single bet really hurts.

One should have enough self-control to not to that even if they have a goal to achieve, it becomes easier to achieve your target if you have more chances to try and reach there, after reaching $500k, one could just go with $50k or at most $100k per match so that if they lost one, they could still keep their hopes up.

But then if they are even rich they need to be careful and they need to be not so impulsive enough to go all in or to give a large amount of money in just one go, most of the time they are wise enough they will not risk so hard . But yeah, we should always apply that you should also accept what will happen to your money , lose any money that you cannot afraid to lose, if you're not ready and fully decided then do not risk too much.

I think greed also contributed to this behavior as it is a common traits among gamblers, you might start up with a little budget then on reaching that target your greed kicks in and the want for more keep playing in your mind and only a well discipline gambler can resist such urge and the worst part of this is that almost all the time we tend to go higher than our target we tend to always end up losing all the little that we have gatheredm and if this act is not put in check it gradually turns into an addiction case.