How to play gambling in a smart way? - page 55.

mrcash02

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Quote from: Ctstrphy on May 08, 2017, 01:25:27 PM

1. Gamble what you can afford to lose.
2. Do not consider it as a source of income. Better make it as entertainment.
3. Risk management.

Example:
Your monthly salary is $250. Your cost of living is $200. You save $40, put the $10 in a betting site. Your pot is $10(100%)
Risk 1% of your pot. Set a goal to achieve(Ex. 5% of total). When you win, stop. When you lose, stop. Go back tomorrow. Repeat.

If you want easy money then go bust your account in one day. Happened to me a dozen times. Never again.

That is a good simple tutorial for who wants to play gambling in a smart way and don't know how to do it. Doing what you said I'm sure the gamblers won't lose money they can't lose and they will be always under control of the game. Anyway, we can't predict if doing this the gambler will have profit, as on long term he will be losing money slowly, because the house edge...

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Quote from: nostra3 on May 08, 2017, 11:36:17 AM

I don't understand about smart way in gamble. What I understand is that when I get a profit, I get out of the casino. Then drink a beer at my subscription shop.

Playing in a smart way in gambling is by raising a winning chance so the risk of losing is smaller than winning though it is uncertain and it will not work when you are greedy but at least you can win.

Ctstrphy

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1. Gamble what you can afford to lose.
2. Do not consider it as a source of income. Better make it as entertainment.
3. Risk management.

Example:
Your monthly salary is $250. Your cost of living is $200. You save $40, put the $10 in a betting site. Your pot is $10(100%)
Risk 1% of your pot. Set a goal to achieve(Ex. 5% of total). When you win, stop. When you lose, stop. Go back tomorrow. Repeat.

If you want easy money then go bust your account in one day. Happened to me a dozen times. Never again.

Winner

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Quote from: noninum on May 08, 2017, 12:46:43 PM

Quote from: nostra3 on May 08, 2017, 11:36:17 AM

I don't understand about smart way in gamble. What I understand is that when I get a profit, I get out of the casino. Then drink a beer at my subscription shop.

Play as much as you can when you lose. Do not get over that, and when you've made a profit. Take a break. Define target.

I don’t really agree with your strategy, it looks like a pretty clean method to lose more money than what he started with. Since the whole point of gambling is just having fun and seeing if the results that someone picked is right or not the amount of money that a gambler could earn when gambling shouldn’t really matter to them if they drip small percentages out after every win that they’ve made since it’s likely that they will eventually lose the whole pile of gambling money.

infer

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Quote from: nostra3 on May 08, 2017, 11:36:17 AM

I don't understand about smart way in gamble. What I understand is that when I get a profit, I get out of the casino. Then drink a beer at my subscription shop.

It is a smart way in gambling and I bet you must be a wise guy. Getting enough profit and stay out of trouble is the best way in gambling. If you think you can make more money, you will lose a huge amount of Bitcoin to the casino

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Quote from: nostra3 on May 08, 2017, 11:36:17 AM

I don't understand about smart way in gamble. What I understand is that when I get a profit, I get out of the casino. Then drink a beer at my subscription shop.

Play as much as you can when you lose. Do not get over that, and when you've made a profit. Take a break. Define target.

nostra3

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I don't understand about smart way in gamble. What I understand is that when I get a profit, I get out of the casino. Then drink a beer at my subscription shop.

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Quote from: crwth on May 08, 2017, 12:47:38 AM

Quote from: Cherylstar86 on May 07, 2017, 11:04:45 PM

To win in a smart way you must be skilled enough to play the bets on the gameplay you have, and if ever you gave no chances to win more; you should stop betting and come back for another day. If you are betting successive times without winning your bets, then you are prone to loss your profit and that could result to addiction on gambling which might be uncontrolled in the future.

This is true if you are playing games that require skills. You need to have experience with those kinds of games because you will never know that you might hit a negative and possibly, the result of the ending of your balance. You should be mindful of the loss or gains you have because it might turn around quickly.

yeah being observant and knowing how to limit yourself will be the first thing to learn to gamble smartly aside from greediness and addiction it will also bring stress to your life if you don't know when to stop better to keep in mind that you need to control your emotion and always aim for time frame and the win and loss exit point.

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I think the smart way to gamble is to only bet with money you can afford to lose. Also, just do it for fun and not as a way to make money.

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Quote from: iqlimasyadiqa on May 07, 2017, 09:46:24 AM

I agree with you . We should be able to adjust to the circumstances. When we win we are required not to be greedy, because greed can actually make us lose all the money we have. Playing gambling without cleverness then will not produce anything.

Even you're clever, that's still have a chance for you become greedy after get winnings from gambling especially big winning on one chance . Majority peoples have said this before but on the fact that's zero point without any proof.

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Quote from: khalized on April 04, 2016, 07:20:17 AM

I have noticed so many players are just gambling for the sake of profits only. But majority of them loses most of the games eventually as they are not smart players.

So how should we gamble in a smart way so that we do not get more frustrations due to continuous losses?

Many of the players in gambling are dependent on luck every time they play in the games.
so I think the smartest thing I saw in playing gambling is if you are winning in the games, you should stop at once
then back again in another day.

Taking up a rest for awhile when you did won some amount already is the best thing to do. Because if you will not going to stop, the winning that you've got will be gone immediately. We know that no one is winning against the house in the long run, so that's the most possible that is going to happen, the house will recover your winning.

In my opinion this looks like a strategy on how to win in gambling and that's a dangerous thing because it gives you hope that if you do it smart way you can make money with gambling. People who think this way become gambling addicts sooner or later.

The only smart way is to gamble with full understanding that you will never earn anything with gambling, you can only have fun with it and if lose not much then it's worth it.

It can be treated as a strategy, I don't see any danger when you are doing this. It's good that you will stop and enjoy the winning you've got for this day. So where do you think is the dangerous part of it. If you are smart enough that you know the winning you got can possibly get again by the house, then do this.

The dangerous part of it in your previous sentence, you've said it yourself:

Quote

It's good that you will stop and enjoy the winning you've got for this day.

Enjoying the winnings from gambling is dangerous. If you don't want to become a gambling addict you can enjoy the process but you shouldn't enjoy the winnings especially the way you described: win some, withdraw, enjoy. Thus you'll make yourself think that gambling can bring you some money, and that's what's dangerous because only when you think gambling can bring you fun and no money you are pretty much safe with it.

in fact if you are not going to play gambling for making money then you cannot enjoy gambling, there is only fun in gambling if you are going to invest your money in gambling. and certainly if you will invest your money then you will become addicted.

No no

Fortunately we have another option with gambling. We can play for the fun of it. Yes we enjoy the winnings but they are so small they are just numbers. If I bet 500 satoshi with 10% win chance and I win I do enjoy it and I brag in the chat showing my winning roll, but what can I buy with 5k sats?

There are users who prefer gambling for fun, but the same is not possible throughout. At some point they think of making money through it. Soon they'll be depositing big amount to gamble who in the past have been using Satoshi for fun. If it fails the search for a way to regain the loss initiates. This keeps happening profiting the gambling house and the user at times.

Not necessarily, and that was my point. There gamblers, and I'm among them, who always play for the fun of it only. But of course there are many others, who become gambling addicts starting playing just for fun. Hopefully I will not become one of those unfortunate people.

Ziskinberg

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Quote from: Cherylstar86 on May 07, 2017, 11:04:45 PM

To win in a smart way you must be skilled enough to play the bets on the gameplay you have, and if ever you gave no chances to win more; you should stop betting and come back for another day. If you are betting successive times without winning your bets, then you are prone to loss your profit and that could result to addiction on gambling which might be uncontrolled in the future.

Being smart will let your decide in both winning and losing situation in your life, also you have to determine your chances so you will not be fighting in a losing battle, no one will be successful in the long run due to house edge but if we will eliminate that by choosing other game that is when you can determine your real chances in the long run.

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Quote from: Cherylstar86 on May 07, 2017, 11:04:45 PM

To win in a smart way you must be skilled enough to play the bets on the gameplay you have, and if ever you gave no chances to win more; you should stop betting and come back for another day. If you are betting successive times without winning your bets, then you are prone to loss your profit and that could result to addiction on gambling which might be uncontrolled in the future.

This is true if you are playing games that require skills. You need to have experience with those kinds of games because you will never know that you might hit a negative and possibly, the result of the ending of your balance. You should be mindful of the loss or gains you have because it might turn around quickly.

Cherylstar86

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To win in a smart way you must be skilled enough to play the bets on the gameplay you have, and if ever you gave no chances to win more; you should stop betting and come back for another day. If you are betting successive times without winning your bets, then you are prone to loss your profit and that could result to addiction on gambling which might be uncontrolled in the future.

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Quote from: Gintama214 on May 07, 2017, 06:19:32 PM

Quote from: khalized on April 04, 2016, 07:20:17 AM

I have noticed so many players are just gambling for the sake of profits only. But majority of them loses most of the games eventually as they are not smart players.

So how should we gamble in a smart way so that we do not get more frustrations due to continuous losses?

Well in gamble there is no really smart way to gamble, Its all about luck but there is a smart move to do to stop you from losing more and that is, " STOP and GET OVER IT" in gambling you need to have patience and control over yourself as you said some people to get frustrated whenever they always lose or when they already won and lose it all again. It is just about stopping and get over it. Whenever you win something you need to think more about if you wanna gamble it again or just stop and get over it before you decide on your next move. Think about the consequences if you bet what you won, you could lose it again and win some but if you really think about casinos or gambling sites do tend to make you lose than winning always remember that and whenever you are frustrated from losing you gotta control your self and move on. There are some people who can't control and they become broke. We don't want that to happen to anyone, Yes we want to be a millionaire or rich but there is no easy way its always that hard way. Hope it helps

You have a point... In playing gambling all you need to have is more luck and experience. Luck is the most important thing because it will dictate the game whether you lose or win. But you need also a experience because it will help you on how to do and controlling your emotions. For me my strategy to get profit from gambling is when I have my winnings I keep the half of it in my wallet and the other will be resume to gamble so that even if I lose I have my winnings.

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Quote from: spngebob on May 07, 2017, 09:15:58 AM

Don't gamble too much, don't deposit too much and don't be greedy when you win something.
Don't push your luck too hard. Deposit only what you can afford to lose.
It's my view of smart gambling.

Yes I totally agree. The point is, do not over-gamble. Exaggeration in gambling can drag us toward addiction. Simply gamble in not too much time, not too often, not spend too much money and do not hurry to place a bet. All things will get worse when done in exaggeration, let alone gambling.

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Quote from: ModGirl on May 07, 2017, 07:01:09 PM

Quote from: spngebob on May 07, 2017, 09:15:58 AM

Don't gamble too much, don't deposit too much and don't be greedy when you win something.
Don't push your luck too hard. Deposit only what you can afford to lose.
It's my view of smart gambling.

It is really a nice view of any person who will adopt it. That is the way of not losing our money in gambling beside that if a person will spend too much then he will lose their money if luck was not in his side so it is advised to keep the bet amount as lower and whenever it is noticed that he won a big amount then at that time it is not need to bet again with high amount but even in that time stay with low bets.

That is the ideal attitude towards gambling but, to be honest, it is very hard implementing it especially if that certain gambler is on its winning or losing streak. That is why it takes a lot of courage to discipline yourself when it comes to gambling.

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Quote from: spngebob on May 07, 2017, 09:15:58 AM

Don't gamble too much, don't deposit too much and don't be greedy when you win something.
Don't push your luck too hard. Deposit only what you can afford to lose.
It's my view of smart gambling.

It is really a nice view of any person who will adopt it. That is the way of not losing our money in gambling beside that if a person will spend too much then he will lose their money if luck was not in his side so it is advised to keep the bet amount as lower and whenever it is noticed that he won a big amount then at that time it is not need to bet again with high amount but even in that time stay with low bets.

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Quote from: khalized on April 04, 2016, 07:20:17 AM

I have noticed so many players are just gambling for the sake of profits only. But majority of them loses most of the games eventually as they are not smart players.

So how should we gamble in a smart way so that we do not get more frustrations due to continuous losses?

Well in gamble there is no really smart way to gamble, Its all about luck but there is a smart move to do to stop you from losing more and that is, " STOP and GET OVER IT" in gambling you need to have patience and control over yourself as you said some people to get frustrated whenever they always lose or when they already won and lose it all again. It is just about stopping and get over it. Whenever you win something you need to think more about if you wanna gamble it again or just stop and get over it before you decide on your next move. Think about the consequences if you bet what you won, you could lose it again and win some but if you really think about casinos or gambling sites do tend to make you lose than winning always remember that and whenever you are frustrated from losing you gotta control your self and move on. There are some people who can't control and they become broke. We don't want that to happen to anyone, Yes we want to be a millionaire or rich but there is no easy way its always that hard way. Hope it helps

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Its easy to play in gambling in a smart way ,if you win in gambling do stop playing. because that is the best way and strategy in gambling. Many person lose because some of them are greedy they don't want to stop playing once they win, they want to get more or big win until their money is empty. i know its hard to said that but that is the smartest way to win in gambling.

That's the hardest part in gambling when you are starting to win. Because as a gambler we know that we are gaining more confidence. And when we are into that point the smartest way to do is that we save those winnings we got already so that we can step up to the next round without losing from our capital and winnings we've got.

I think there is no other smart way if you are starting a business as an owner of gambling casino than you are just a gambler.. that honestly you have low chance to make a profit.. you are just doing hit and run if you hit and win a good profit you go out and withdraw but how about in other day you gamble again do you think 100% you can win that amount again? so i think you will lose if you gamble it again back..
Better to be an owner this is i think wise and smart way..

Holding an online casino or gambling site would be definitely good if you already have the skills in programming, you know who and what customers you are going to target, etc. I think it's hard to manage an online casino if you are just starting out and it's hard to compete against them. You have to be extra careful on it.

Indeed, someone who basically have the gambling sites are those who already understand the target or customers who will be on the sleigh into the site and will not be moved to another site. You need to know that all gambling already has a lot of influence that is good for the customers, and that you should do an innovation to do a game in your site. And the main thing to watch out for is safety, because if you forget the security of the site then everything will end up at a huge disadvantage

Topic: How to play gambling in a smart way? - page 55. (Read 83595 times)