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Topic: How to restrain yourself at a small loss and not spend money. - page 10. (Read 2204 times)

legendary
Activity: 2310
Merit: 1035
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@ethereumhunter this is exactly the problem of addicted gamblers. They still think they can win in the long term if they are lucky. But it doesn't work like that as it is statistically proven that they will lose money if they keep playing game because of that house edge. They need to understand this. If you give them hope that they will win if luck is on their side then that will act as fuel for them to keep risking their hard-earned money.
hero member
Activity: 2912
Merit: 541
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Well it depends oh how that person addicted if it's in extreme level then maybe it's also hard to stop them from spending too much money and yes it is because their greed, when a person get addicted to something many bad habits will developed to them like being greedy, uncontrolled emotion and such things, i also gone through addiction in betting and spend too much money but before it gets deeper i control myself and realize the wrong im doing.

We cannot do anything with people who have addicted to gambling at any level. They will not listen to what we suggest because they want to play more and more. Yes, they have big greed to win more money, but they never realize that to win in gambling will need great luck. Maybe if they lose everything can open their eyes about what they did before was wrong. But that is too late to stop, and it will be hard to stop the bad habit, although that still possible.
full member
Activity: 560
Merit: 107
It often happens that people go out to play a variety of games of chance with a certain amount of money, but in the end they spend everything if they are gone. How to prevent which technique you base yourself on to spend no further. It's hard to just give up, people persistent in gambling that day, so they can't just tell themselves they'll try tomorrow. Why is this difficult? Is it because of greed?

First and foremost, have your budget set whenever you sit to play/gamble. Don't cross the set budget in order to cover your losses and expect a big win. I think before you play to win, you should play to minimize your losses. Also, now a days their are limit option available, especially on online betting platforms where you can limit your spending. Also, listen to your mind , not heart ! Don't use credit card too !

Yes, I agree with what you said; need to budget your money in every gamble/game that you do. That budget is only for that day or for that game. Also, don't overspend the other currency that you have, especially in online gambling. Additionally, don't catch your losses if you have a bad day/ bad game, stop even your budget money is not totally consumed or over because you need to relax and calm down so that you can think very well. Frustration is one of the enemies of a gambler.  Smiley
hero member
Activity: 1078
Merit: 507
It often happens that people go out to play a variety of games of chance with a certain amount of money, but in the end they spend everything if they are gone. How to prevent which technique you base yourself on to spend no further. It's hard to just give up, people persistent in gambling that day, so they can't just tell themselves they'll try tomorrow. Why is this difficult? Is it because of greed?

First and foremost, have your budget set whenever you sit to play/gamble. Don't cross the set budget in order to cover your losses and expect a big win. I think before you play to win, you should play to minimize your losses. Also, now a days their are limit option available, especially on online betting platforms where you can limit your spending. Also, listen to your mind , not heart ! Don't use credit card too !
legendary
Activity: 2492
Merit: 1145
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I know that I'm a gambling addict before but I slowly get rid of it. I do control myself from playing, I know it's hard but it is what it takes. I did some limitations from my self, Like If I lose a certain amount this day I will stop playing and just come back tomorrow. Putting the limit into myself didn't restrict my everyday gambling activities. It just reduced my addiction that it came to the point that it is very normal to me. There's a time that I don't even bother if I don't play some gambling. It's effective for me.
member
Activity: 868
Merit: 63
Well it depends oh how that person addicted if it's in extreme level then maybe it's also hard to stop them from spending too much money and yes it is because their greed, when a person get addicted to something many bad habits will developed to them like being greedy, uncontrolled emotion and such things, i also gone through addiction in betting and spend too much money but before it gets deeper i control myself and realize the wrong im doing.
legendary
Activity: 2114
Merit: 2248
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It all depends on how addicted you are. All gamblers are addicted to it to a certain extent, if you are highly enthusiastic or obsessed with gambling you will struggle to stop especially when you are losing and there is extra cash at your reach. If you are at this stage, you may want to seek professional advice and counselling.
Gambling should be a pass time activity, where you should be in total control of your emotions and make informed decisions at the different.
A lot of gamblers struggle with moderation and end up walking along the extremes; they are either all in or out completely.
hero member
Activity: 2926
Merit: 567
It often happens that people go out to play a variety of games of chance with a certain amount of money, but in the end they spend everything if they are gone. How to prevent which technique you base yourself on to spend no further. It's hard to just give up, people persistent in gambling that day, so they can't just tell themselves they'll try tomorrow. Why is this difficult? Is it because of greed?

It seldom happens because the excitement is still there, you don't have funds but your mind just want to continue,  this is something that can be considered a trap, if you cannot tame it, you will just end adding more, a gambler should have a cooling period after the high emotion of losing and winning.
full member
Activity: 1022
Merit: 133
It is not because of greed but rather the lack of discipline of a person.
I'm thinking the same. OP, that's what you have to practice and be discplined when you gamble. Set an amount that you are okay to gamble with until you lose everything during that day.

And when you have lost all of it, put it on your mind that you won't gamble anymore within that day because you have reached your threshold as you lose but if you can maintain that within the day, continue and enjoy it.

It's very hard. I have tried to put such limits on myself like to block casinos and apps to gamble. But later found ways and loop holes to gamble. I think it's just close to impossible to sit at rest after a losing streak specially when we still have balance to gamble and reach our imaginary "recovery".
hero member
Activity: 3038
Merit: 634
It is not because of greed but rather the lack of discipline of a person.
I'm thinking the same. OP, that's what you have to practice and be discplined when you gamble. Set an amount that you are okay to gamble with until you lose everything during that day.

And when you have lost all of it, put it on your mind that you won't gamble anymore within that day because you have reached your threshold as you lose but if you can maintain that within the day, continue and enjoy it.
full member
Activity: 1022
Merit: 133
The most difficult thing is to fight yourself and control yourself, you are hard on yourself and consistency must be applied seriously so that when playing gambling can minimize bad habits in betting and do not let you become a gambling addict because it will bring your destruction. . .
You have to intend to play gambling just to have fun and occupy yourself with positive things so that it doesn't get swept away by gambling that makes you want to play again and that's because you feel curious that makes you want to come back again and want to try to win it and that's what I experienced .

Fighting oneself is the hardest job in the world. Because we know our weaknesses but not how to tackle it. Greed is an inherent quality Cheesy but yeah, one should analyse his condition about how a bet might affect him financially. For new gamblers it will be tough to learn but with experience these habits gets embedded into us.
full member
Activity: 1330
Merit: 147
It often happens that people go out to play a variety of games of chance with a certain amount of money, but in the end they spend everything if they are gone. How to prevent which technique you base yourself on to spend no further. It's hard to just give up, people persistent in gambling that day, so they can't just tell themselves they'll try tomorrow. Why is this difficult? Is it because of greed?
I guess this thing will be done by someone who just new to gambling, for those who have a long time to spend their money into gambling will never do that. They are tend to save their money first and come tomorrow when they find a much lose. Because they will know, gambling is not about strategy thing but for almost 50% it is depend on luck, so just thinking when we don't have 50% lucky when play gambling it will be worst IMO.

Different with someone who just new into gambling, they won't know how to spend their money well or even they will depend on their lust to play it. Just a few people who can think they should be come again tomorrow or at least he has to stop the gambling for a while to make his brain get a comfortable thinking. I guess it will be like that, I just revealed from my perspective and me, I'm not a gambling addict because I'll play it if I have money only.
full member
Activity: 1022
Merit: 133
It often happens that people go out to play a variety of games of chance with a certain amount of money, but in the end they spend everything if they are gone. How to prevent which technique you base yourself on to spend no further. It's hard to just give up, people persistent in gambling that day, so they can't just tell themselves they'll try tomorrow. Why is this difficult? Is it because of greed?

It is not because of greed but rather the lack of discipline of a person.  Every one of us have greed on its own level.  Whether we let it to take over our minds depends on our capability to control ourselves.  And controlling oneself is not that easy especially when we are not accustomed to it.

Kinda true. But discipline can only grow with experience not by being forceful. Since, gambling is sometimes rewarding, there are other emotions at play like fear of missing out on winnings. Hence, many can't leave it unless they experience much losses from gambling.
legendary
Activity: 3010
Merit: 1280
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It often happens that people go out to play a variety of games of chance with a certain amount of money, but in the end they spend everything if they are gone. How to prevent which technique you base yourself on to spend no further. It's hard to just give up, people persistent in gambling that day, so they can't just tell themselves they'll try tomorrow. Why is this difficult? Is it because of greed?

It is not because of greed but rather the lack of discipline of a person.  Every one of us have greed on its own level.  Whether we let it to take over our minds depends on our capability to control ourselves.  And controlling oneself is not that easy especially when we are not accustomed to it.
legendary
Activity: 2604
Merit: 2353
Quote from: dunfida link=topic=5194957.msg52867167#msg52867167 date=157194450
[snip
Completely stopping will depend on how you do look out towards gambling,majority would had that main motive which on making money thats why losing either big or small doesnt matter or wouldnt be cared at all until you blown up your entire capital and thats the time you do completely stop for that day but if you do already have other funds then you would surely comeback on another day.
Well, in short. You should manage your self not to belong on that scenario, because restraining your self is just like having self-discipline. When you are saying your self "stop", you should stop and think about the possible consequences. If you can't restrain yourself then, you are probably become addicted and going to become poor. Indeed, gambling sites are now are very hard to defeat their house edge.
I wouldn't say it's very hard to defeat their house edge, in fact I would rather say it's pretty easy. You just need to withdraw your initial investment once you made some profits. This way you're only gambling your gains and you can't lose anything at the end of the day, hence the house edge had been defeated.
legendary
Activity: 2338
Merit: 1124
You have to intend to play gambling just to have fun and occupy yourself with positive things so that it doesn't get swept away by gambling that makes you want to play again and that's because you feel curious that makes you want to come back again and want to try to win it and that's what I experienced .
You may keep your attitude at its original form until you face losses. I mean to say you can be positive and you may continue your gambling for the reason of finding fun out of your gambling but when you face losses your emotions will come into play and it will start occupying all your positive energy which makes you to start thinking about how to recover your losses so that you will go for whatever possible ways at the moment to recover your losses.

I'm just speaking out of my own experience, I always failing to control myself not to spend money into gambling for the reason of recovering my early losses. If I would have thought about loss is the loss and I should accept that loss then I would not have gone for spending my hard earned money.
full member
Activity: 1022
Merit: 133
The only way to do is have as much as you can afford to lose at a time in the gambling balance. If you are going to have a gambling session and doesn't want to lose more than say 200k Satoshi, then keep exactly that amount in your gambling balance. Keeping more than what you desire will lead to imbalance and will force you to bet more to recover the lost amount.
sr. member
Activity: 2366
Merit: 448
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The most difficult thing is to fight yourself and control yourself, you are hard on yourself and consistency must be applied seriously so that when playing gambling can minimize bad habits in betting and do not let you become a gambling addict because it will bring your destruction. . .
You have to intend to play gambling just to have fun and occupy yourself with positive things so that it doesn't get swept away by gambling that makes you want to play again and that's because you feel curious that makes you want to come back again and want to try to win it and that's what I experienced .
sr. member
Activity: 994
Merit: 302
There are several betting strategies out there but I think what you need to focus on is setting the "budget" you'd be using for your gambling spree. Nothing to large whose loss would impact the rest of your living budget. From there you can decide how to bet, whether you keep raising whenever you win, etc.
full member
Activity: 1008
Merit: 101
It often happens that people go out to play a variety of games of chance with a certain amount of money, but in the end they spend everything if they are gone. How to prevent which technique you base yourself on to spend no further. It's hard to just give up, people persistent in gambling that day, so they can't just tell themselves they'll try tomorrow. Why is this difficult? Is it because of greed?
What I doing sometime is playing with my wife,we go to casino together or even online gambling so she will be telling me if the amount spent is enough .
And also if we are in winning,she will ask me to go home and stop playing so we saved the money and not letting lose everytime .i don’t know if someone’s doing the same but for me?its my way of saving myself from becoming greed
No doubt a wife could be your best partner to gamble in casino she will always give you good suggestion as she asks you to stop gambling at earning huge it helps you a lot to save money as those who become greedy to earn more actually lose their whole money that's why we should gamble but with care and at single miner lose don't play again to recover your lost.
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