How to restrain yourself at a small loss and not spend money. - page 13.

barbara44

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Bring enough money on the casinos and budget your money, if you can’t afford to lose more then you must not bring huge money and don’t bring any of your credit cards. Its not easy to control yourself when you are already in the casinos, but do everything to control yourself and just have fun.

I am strongly of the opinion that an individual going to a casino house with more than enough money is one mistake you never want to make because I know for sure that there is no level of that self control would stop anyone from exhausting the money there at the casino.

The best thing you can do to be a master in controlling yourself is just to set a plan, it’s even better to be short of cash than to have more than enough that would be wasted at the casino place because you will always be tempted to try with more money when you lose, but when you are out of cash, all you will do is to dust your shoes and walk out of the place. I don’t carry my credit card about not even to a casino house that is quite too risky.

Lanatsa

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Quote from: btc78 on October 23, 2019, 10:37:00 AM

Quote from: fortunecrypto on October 23, 2019, 09:21:38 AM

Quote from: Maotezi on October 22, 2019, 05:53:52 AM

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?

This is because of the what if factors, they spend small amount of money, and they missed winning by a close margin or they are one roll away from winning, so they add more funds until, they realized that they already pour so much money instead of their allocated money for gambling, people never stop until they lose or until they get very tired.

But chasing the losses will only lead us to another failure that’s why better be enough if the loss is already high and we are only looking for another losing streak
Just go home and find luck in another days but for the moment admit that you have not beat the house lol

For sure there are plenty of time that you may have chance of beating it again though be ready for more losing

Gambling is just really having 2 outcomes which is losing and winning but majority of gamblers doesn't really accept defeat that's why they do really tend to chase up loses as hard as they can where coming to a point that they don't actually stop until they lost it all and the sad part is that they do even borrow or do took a lone just to chase up their loses
and minding to take back those loss until they do make the situation even more worst.Its just a matter of good control into your finances and if you aren't really good on handing your emotions and discipline you would definitely go to this situation.

wxxyrqa

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I believe that every gambler has his own reasons to gamble. Someone is trying to earn money and it is very rarely possible to do it, while someone has a sports interest. But there are people who experience special pleasure from gambling, while there is a high probability that in this case, gambling is practically addictive and comparable to a disease. And if such a person experiences problems and loss of funds, then he himself will never find the strength to confront himself.

btc78

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Quote from: fortunecrypto on October 23, 2019, 09:21:38 AM

Quote from: Maotezi on October 22, 2019, 05:53:52 AM

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?

This is because of the what if factors, they spend small amount of money, and they missed winning by a close margin or they are one roll away from winning, so they add more funds until, they realized that they already pour so much money instead of their allocated money for gambling, people never stop until they lose or until they get very tired.

But chasing the losses will only lead us to another failure that’s why better be enough if the loss is already high and we are only looking for another losing streak
Just go home and find luck in another days but for the moment admit that you have not beat the house lol

For sure there are plenty of time that you may have chance of beating it again though be ready for more losing

tvplus006

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Quote from: Reatim on October 23, 2019, 09:11:20 AM

That’s very hypocritical word that “Don’t expect to Win” when we were in gambling better say expect to win but also expect being loser

In my opinion, if you consider yourself very addicted to gambling, then you need to choose a way of playing in which you won’t put large amounts of money on your balance. And to make such a rule that after losing the entire balance, do not replenish it again during the day.

Slow death

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Well, from what I've observed in recent weeks and the comments and advice I see on youtube and other sites, most people get into the world of investing and gambling to make a lot of money. Assuming that people enter the world of betting to win and win big money you can imagine that these people will not stop so easily whenever they lose money, they will do whatever they can to get money to keep playing. The main point a person should have is: a strategy. something like:

how much money do i have to play?

And if I lose all my money, where can I get more money without hurting my other expenses?

The person must have a plan and good management, but mainly must have a good knowledge of the game that will play

fortunecrypto

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Quote from: Maotezi on October 22, 2019, 05:53:52 AM

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?

This is because of the what if factors, they spend small amount of money, and they missed winning by a close margin or they are one roll away from winning, so they add more funds until, they realized that they already pour so much money instead of their allocated money for gambling, people never stop until they lose or until they get very tired.

Reatim

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Quote from: lienfaye on October 23, 2019, 06:58:50 AM

You can prevent yourself from spending too much by bringing a certain amount of money, if you lose then nothing is left and you cant spend further since your money is limited.

Though this was being mentioned several time above you yet this is the most effective way to prevent being loser of bigger amount

Quote

Greed is the reason why a gambler is tempted to keep trying even he is losing his money, he want to chase the losses hoping to get it back.

Greed was always being blamed from the losing and addicting but the truth is greed won’t exist if the person don’t put themselves into this situation because gambling is very provocative and many lose by challenging ho to defeat the eagerness

Quote

Self discipline is important and dont expect to win, accept if you lose and move on.

That’s very hypocritical word that “Don’t expect to Win” when we were in gambling better say expect to win but also expect being loser

tvplus006

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Quote from: lienfaye on October 23, 2019, 06:58:50 AM

...Greed is the reason why a gambler is tempted to keep trying even he is losing his money, he want to chase the losses hoping to get it back....

I would not put on a par greed and sports excitement. These are completely different sides of gambling. You can not call a excitement person greedy, as well as vice versa.

leowonderful

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It's pretty similar to how some people treat trading. People think they'll be able to "earn back" whatever they lost, but they don't realize that the odds are against them and people often risk everything in an attempt to earn back losses, which can end in a total loss. It's important to realize that lost money is lost, and you're really not making that money back; you're making more money. If you know you don't have good self-control, just don't gamble. There's a ton of other things to do in this world that aren't nearly as risky.

iMark

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Quote from: lienfaye on October 23, 2019, 06:58:50 AM

You can prevent yourself from spending too much by bringing a certain amount of money, if you lose then nothing is left and you cant spend further since your money is limited.

Greed is the reason why a gambler is tempted to keep trying even he is losing his money, he want to chase the losses hoping to get it back.

Self discipline is important and dont expect to win, accept if you lose and move on.

I think the point is financial management, if you want to quit while you still have a balance in your gambling account then you will continue to playing.
Use the right amount of money to deposit, so that when your money runs out you will not continue to play again. Yeah discipline is the most important thing, it is a trait that must be possessed by gamblers. Without discipline the plan you make will be useless. and don't forget to know the risk that losses are a natural thing to happen to all gamblers.

lienfaye

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You can prevent yourself from spending too much by bringing a certain amount of money, if you lose then nothing is left and you cant spend further since your money is limited.

Greed is the reason why a gambler is tempted to keep trying even he is losing his money, he want to chase the losses hoping to get it back.

Self discipline is important and dont expect to win, accept if you lose and move on.

Colt81

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Quote from: Maotezi on October 22, 2019, 05:53:52 AM

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?

Based on my experienced, it is easy for me to restrain myself from spending huge amount of money in gambling by controlling myself not to be greedy and limiting the amount of money that i should only spend in playing poker because if you don't limit yourself in spending money you would get greedy and it will be difficult for you to stop playing that will result losing a huge amount of money.

shoreno

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Quote from: xvids on October 22, 2019, 03:49:31 PM

We all have different methods on doing it but I think the easiest way is to accept your lost and try to think clearly calm yourself.
I usually do it by listening to music so I could calm myself in the worst scenarios.

not only it calm your self but it can also boost your confident level when you play . you dont think twice if what side will you roll or what payout will you play or how many cryptos will you bet but all of those can come naturally which is good because it does not make you a stressful gambler . playing with a background music is really a good idea but you should also choose the appropriate genre . upbeat music is a good choice but avoid those slow/sad songs
.

michellee

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I think that will depend on how those person is controlling himself in gambling. That person needs to know that gambling is very luring, and it can attract us to the deeper of the gambling itself. It requires a strong effort to control ourselves not to play more after we lose some money. That could be because of greed because when people are winning, they will want to make another winning. That happens too if they lose the money, they will recover their losses, which will hard to do.

xvids

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We all have different methods on doing it but I think the easiest way is to accept your lost and try to think clearly calm yourself.
I usually do it by listening to music so I could calm myself in the worst scenarios.

semobo

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Accept it,yes you lost it but you can't change the things which happened and trying again will make more losses so we need to tell ourselves that its not our day and move on from the lost.Basically build your self control more over your greed.

ChrisPop

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It's about your beliefs and what you know. For example I know that is impossible to win on the long term in gambling. As a matter of fact I tell myself that more rounds played = less chances to win. So this is why I always play for fun and not for anything else & I always know my spending limit. Btw that is called budgeting, not risk management. I allocate for example a percentage of my wage to gambling activities each way if I feel the need to and then I stay in that limit because it is for fun.

abel1337

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Quote from: Duzter on October 22, 2019, 11:41:32 AM

Quote from: Maotezi on October 22, 2019, 05:53:52 AM

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?

This isn't greed or something as over expectation. I have experienced it several times, and I'll describe one such incident. I had 590 xrp in the wallet. My plan was to change it to 600 xrp. In the first attempt of playing to reach placing a 10 xrp bet I failed. This made the 590 xrp go 580. Further with small max winning probability I placed the same bet. This way the bets went on, and I never touched 600 xrp and started increasing the bet value. Finally ended with 120 xrp. This isn't greed, this is lack of control.

It seems that you didn't touch your target profit. I think you let your emotions conquer you and you are only thinking about reaching your target quota.
Considering some factors when you play can help you win. Imagine you lose most of your XRP for just 10 XRP profit. It must be a lesson learned to you.

Sometimes being contented with the holdings you have can make the situation go smoothly.

Duzter

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Quote from: Maotezi on October 22, 2019, 05:53:52 AM

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?

This isn't greed or something as over expectation. I have experienced it several times, and I'll describe one such incident. I had 590 xrp in the wallet. My plan was to change it to 600 xrp. In the first attempt of playing to reach placing a 10 xrp bet I failed. This made the 590 xrp go 580. Further with small max winning probability I placed the same bet. This way the bets went on, and I never touched 600 xrp and started increasing the bet value. Finally ended with 120 xrp. This isn't greed, this is lack of control.

Topic: How to restrain yourself at a small loss and not spend money. - page 13. (Read 2204 times)