Is this a good advice? - page 3. | Bitcointalksearch.org

Odusko

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Quote from: 348Judah on November 27, 2023, 01:20:12 PM

How many of us have been able to achieve a budget of $200 out of the $500+ we have on our account and never go beyond the budget when we go far in gambling, i just make this as an example to illustrate to is what we need to know when it comes to budget and gambling, don't just have any amount too much for you to cope losing it to gambling because even the gambler can't explain it how it will all happened, all they would have noticed at the end is the lost of the entire money in the account that one has gone far beyond his budget.

The thing with having a gambling budget is the ability to stay in line with the budgeted amount without going beyond that, the fact that you have large balance deposits, let's say $200 which is the budget for at least one week of play time if you in day 1 of the deposit is not grounded enough you will be tempted to go beyond your budget because the availability of the balance will become a motivation to what you stand to use and if not well disciplined you may be tempted to go beyond that amount let say you divide the $200 base on the daily usage of 20% for each day which if it one week it will amount to around $20 each day.
But it will be really hard to be able to follow such principle or budgetary systems, but based on the actual factor that greed may have a better part of your decision making and that also could be motivated by your available balance, so what I do personally is to deposit daily amount instead making a one time weekly deposits, this way, I avoid the temptation to go beyond that budget when I am at lost because I will be out of balance to continue playing.

Wakate

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Quote from: Dewi Aries on November 27, 2023, 01:09:06 PM

Quote from: Webetcoins on November 27, 2023, 11:33:51 AM

The only thing it's okay to play more is when you are doing it for fun because you are also betting smaller amounts, and you are not expecting to win anymore. In terms of jackpot, they can come in different forms. I already saw one who needs a higher bet for it to be hit, and maybe the longer the duration of our play time, the more the chance we get them.

Honestly, I would not advise anyone to play more even if they come for fun, don't you think that any situation and condition is very likely to happen and change the mindset and character of gamblers if they are too often involved and participate in gambling? Many have experienced a change in mindset unconsciously because of something like that. For other restrictions, yes I agree with your suggestion that it is true that with the aim of just looking for fun then indirectly the amount of budget they carry will not be too large and maybe it's just a small part of all the money they have.

One of the things that makes them only put a small amount first is not too much hope for big wins and secondly their goal is just looking for entertainment, so a small amount is enough for their gambling. They understand the concept of real luck which is always unpredictable, simply put even though you come with small capital but it is quite tolerable if you are lucky by getting a win. So don't ever think to put high hopes, because it's the same as you put a trap for yourself if the final result doesn't match and there will be disappointment that you feel.

We should not deceive ourselves when we see loses and we keep playing maybe our luck will shine. We might not have sufficient luck at that time that would boost us to make profits so it is good when we just quit and admit that we have made loses for that day. Gambling is all about losing and profiting.

When it is time for us to lose, we need to admit that and we should not deceive ourselves that we can still try more time to be lucky enough and increase the chances of us winning. Winning do not come like that, most time it comes with luck and when we don't have that luck, it's good for us to acknowledge that lose and come back fully prepared another time.

348Judah

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Quote from: arimamib on November 26, 2023, 08:57:52 AM

Quote from: Fatunad on November 24, 2023, 05:59:47 PM

Quote from: leonair on November 24, 2023, 01:35:07 PM

Quote from: Oshosondy on November 20, 2023, 07:46:33 AM

I have not heard about this before. My gambling y friends and I that are gambling all know that the more you stay gambling the more likely you will lose more. If you gamble with a bigger amount, either you win or loss just quit for the day. But to prolong your gambling time, use small amount and enjoy but there is nothing like jackpot unless you just have the luck.

When someone gambles there is no target for time so everyone should keep a fixed budget for gambling so that the budget does not help him to gamble for a long time. Because prolonged gambling hardens a person to his deep addiction. Then he does not care about the negative effects of gambling. And thus he became a gambling addict and suffered a lot financially at one point. So I would suggest to always set a budget so that it only helps him to be entertainment and not addicted

Fixed budget is a must because if you dont put up any budget or limitation then you are really that putting yourself at great trouble and this is something that must be avoided when
you are dealing with gambling. Never make yourself that desperate or trying out to catch those losses because if you do then you are really that putting
yourself at great risks and this is something which it isnt recommended on doing so.

Setting a fixed budget is crucial for responsible gambling. Without a budget, it's easy to get carried away and lose more money than you can afford. Establishing a clear limit beforehand helps you stay in control of your spending and prevents you from making impulsive decisions that could lead to financial loophole.

When you have a losing money afford, like a gambler for example, You need to calculate your monthly income and subtract your essential expenses like rent, utilities, groceries, and transportation. The remaining amount represents your disposable income, which you can allocate for leisure activities, including gambling. Once you've set your limits, it's essential to stick to them. Don't chase losses or try to win back money you've already lost. If you reach your limit for the day or week, stop gambling and take a break.

How many of us have been able to achieved making a budget of $200 out of the $500+ we have on our account and never go beyond the budget when we go far in gambling, i just make this as an example to illustrate to is what we need to know when it comes to burget and gambling, don't just have any amount too much for you to cope loosing it to gambling because even the gambler can't explain it how it will all happened, all they would have noticed at the end is the lost of the entire money in the account that one has gone far beyond his budget.

Dewi Aries

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Quote from: Webetcoins on November 27, 2023, 11:33:51 AM

The only thing it's okay to play more is when you are doing it for fun because you are also betting smaller amounts, and you are not expecting to win anymore. In terms of jackpot, they can come in different forms. I already saw one who needs a higher bet for it to be hit, and maybe the longer the duration of our play time, the more the chance we get them.

Honestly, I would not advise anyone to play more even if they come for fun, don't you think that any situation and condition is very likely to happen and change the mindset and character of gamblers if they are too often involved and participate in gambling? Many have experienced a change in mindset unconsciously because of something like that. For other restrictions, yes I agree with your suggestion that it is true that with the aim of just looking for fun then indirectly the amount of budget they carry will not be too large and maybe it's just a small part of all the money they have.

One of the things that makes them only put a small amount first is not too much hope for big wins and secondly their goal is just looking for entertainment, so a small amount is enough for their gambling. They understand the concept of real luck which is always unpredictable, simply put even though you come with small capital but it is quite tolerable if you are lucky by getting a win. So don't ever think to put high hopes, because it's the same as you put a trap for yourself if the final result doesn't match and there will be disappointment that you feel.

Webetcoins

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Quote from: ultrloa on November 23, 2023, 08:55:45 AM

Quote from: CODE200 on November 22, 2023, 03:36:40 PM

Most of these "99% of gamblers quit before hitting the jackpot" are nothing more than a meme to poke fun at gamblers who are off the deep end. Cause at the end of the day this is literally what gets them going. The idea that they only need one more bet to finally get their big break and earn stupendous amounts of money in the process is what keeps them alive, and while to regular people, this may seem absurd and stupid even, to addicted gamblers this is sound advice.

So your question being, "is this good advice", the answer is subjectively objective. It's wrong if you're still thinking with your brains, it's right if you're addicted so much to gambling you'd literally take any advice that goes in favor of your vice.

Its just a word presented but actually it doesn't have any relevance nor have real proof that we are really near to hit the jackpot if we stay long. This statement just confuse people to think about other possibility and convince them to stay. But in reality whatever things we do and how small the size we are using to bet if the jackpot is there we could totally hit it. We don't need to stay long with this since hitting a one time big time jackpot can happen in short period of time.

The answer regarding the question doesn't really have exact answer but rather people could just share their opinion base on scenarios they see or they encounter toward certain situations happened.

And maybe the ones that created this catchphrase is the gambling owners themselves, to trick gamblers to play more. Most of the time it was false. We know that the longer we play the more the house edge will take effect. There are only rare occasions where we can experience an " epic comeback" after playing for so long, so this is not worth the risk.

The only thing it's okay to play more is when you are doing it for fun because you are also betting smaller amounts, and you are not expecting to win anymore. In terms of jackpot, they can come in different forms. I already saw one who needs a higher bet for it to be hit, and maybe the longer the duration of our play time, the more the chance we get them.

arimamib

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Quote from: Fatunad on November 24, 2023, 05:59:47 PM

Quote from: leonair on November 24, 2023, 01:35:07 PM

Quote from: Oshosondy on November 20, 2023, 07:46:33 AM

I have not heard about this before. My gambling y friends and I that are gambling all know that the more you stay gambling the more likely you will lose more. If you gamble with a bigger amount, either you win or loss just quit for the day. But to prolong your gambling time, use small amount and enjoy but there is nothing like jackpot unless you just have the luck.

When someone gambles there is no target for time so everyone should keep a fixed budget for gambling so that the budget does not help him to gamble for a long time. Because prolonged gambling hardens a person to his deep addiction. Then he does not care about the negative effects of gambling. And thus he became a gambling addict and suffered a lot financially at one point. So I would suggest to always set a budget so that it only helps him to be entertainment and not addicted

Fixed budget is a must because if you dont put up any budget or limitation then you are really that putting yourself at great trouble and this is something that must be avoided when
you are dealing with gambling. Never make yourself that desperate or trying out to catch those losses because if you do then you are really that putting
yourself at great risks and this is something which it isnt recommended on doing so.

Setting a fixed budget is crucial for responsible gambling. Without a budget, it's easy to get carried away and lose more money than you can afford. Establishing a clear limit beforehand helps you stay in control of your spending and prevents you from making impulsive decisions that could lead to financial loophole.

When you have a losing money afford, like a gambler for example, You need to calculate your monthly income and subtract your essential expenses like rent, utilities, groceries, and transportation. The remaining amount represents your disposable income, which you can allocate for leisure activities, including gambling. Once you've set your limits, it's essential to stick to them. Don't chase losses or try to win back money you've already lost. If you reach your limit for the day or week, stop gambling and take a break.

minoxpro

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Is not a question that you get rish fastly or not , you can get rish but its depends the time and luck , you must control the timing of beting , bet a big amount if you lose , multiply it , this the only solution . So be patient .

maydna

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Quote from: Dewi Aries on November 25, 2023, 08:40:25 AM

Quote from: maydna on November 24, 2023, 11:55:18 AM

~snip~

Indeed, if only someone can control himself well maybe he will not continue to gamble, they should be able to fight greed with good self-control, by stopping when getting a win or when getting a loss, that way they will not experience a lot of money losses. Even if they get a win, if they look back they may have lost a lot of money which makes them lose a lot of money and the win can't make up for the losses they have gotten. No matter how hard they pursue the victory they want to get it will not happen if they are not lucky, even with good skills in gambling, it does not rule out the possibility of them losing, because skills in gambling in my opinion do not have a big effect. Because only luck has a big influence on gambling, even if they are beginners who do not know clearly about gambling and just play by default but if they are lucky then they can get a decent win.

That's the best, and to do that requires strong self-control to fight the greed that is on the rise when getting a win, naturally only a few people can do it because it's not easy to do just easy to say. People who are smart or wise will withdraw their winnings and go to enjoy their winnings alone or with their friends. They will not be rash in making decisions that are at great risk.

With good self-control, you can prevent your greed from becoming too big, and you will not try to chase your victory. He will know that the victory he got is enough, and there is no need to chase other wins. After all, he could continue gambling another day so he could take a break after winning and perhaps enjoy his winnings better. Those who chase victory cannot always be lucky in getting that victory because there will be even greater defeats that will come their way. The effect of experiencing defeat will be greater because the desire to recover from that defeat will always be there and make them try to recover from their defeat. If they are beginner gamblers, they must be able to control themselves so they can avoid the urge to gamble again after losing. Novice gamblers should improve their ability to control themselves so as not to be tempted by the promotions they see.

By having self-control or continuing to practice self-control, they can control their greed after gambling for a while. Yes, wise gamblers can know what they have to do while playing gambling and don't just want to have fun from gambling games. They will always be careful, especially when spending money on gambling.

TelolettOm

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Quote from: Outhue on November 20, 2023, 07:42:12 AM

I keep seeing gamblers advising themselves that you are one step closer to winning the jackpot when you quit too early, it's sad that they strongly believe this.

Many people and brokers talk like this. This is not advice but a trap. no one knows when we will get the jackpot. if people say things like that it will only make us fall into the trap of spending a lot of money. The bottom line is don't believe the sweet things people say about gambling. If you have considered it and you have reached your loss point, so you have to stop, then stop first, don't force yourself to continue in the hope that there will be a jackpot in the next round. This is a big risk that will make you even more addicted.

It's okay to be active in gambling, but you also have to be able to control yourself and your emotions at that time. You need to know when you can start and stop. Don't be fooled by promises or predictions from other people or parties about your chances of getting the jackpot. because, it is a luck that not everyone can get. Even if one day you win and get money, try to calculate how much money you have spent so far. So, handle yourself so that you can still control your desires in gambling. So this will prevent you from falling into gambling addiction which makes many people suffer because it will be difficult to stop if you are truly addicted.

STT

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Quote

not taking break

Straight away its possible to underline this as a mistake. If you will not give yourself a break how can you expect your best performance and handling of the game. I make mistakes of course I do, Im human and people are capable of playing well, doing their best or at times making unforced mistakes. If you never give yourself a break, you are undermining your own chances. You will perform badly if tired, if drunk, if stressed, if distracted & multiple points can take a person down; all these factors move the odds in your favor or against you obviously we want all possible positives behind us and to play the best game we can to win. Its upto you to take care of yourself, the best decision can often actually be to walk away to chill out, rest, prepare, focus your thoughts to come back when best ready to succeed.

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Quote from: Yaunfitda on November 24, 2023, 07:23:15 PM

Quote from: oktana on November 24, 2023, 07:06:32 PM

When people gamble too much but don’t win, I assume that they are just contributing money and one day they’ll just win it back.

Not sure where you got this idea mate, but I don't think it's safe to assume that what you lost in gambling, you can simply win it back, if this is what you are trying to say. Of course, there could be cases that people won, but majority like me, playing all year, will be in the negative by this time unless we win big like a jackpot or a lotto or something.

What I am saying is that when people continuously gamble and don’t win (or even win only once in a while), I’m fond of assuming that they are slowly throwing in money bit by bit until the day they win it back. They will be happy, but then it seems they only won back what they spent anyways. And this is the reality for some people; there are those who do not really have that much luck and they barely win even though they are consistently gambling.

Dewi Aries

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Quote from: maydna on November 24, 2023, 11:55:18 AM

Quote from: Dewi Aries on November 24, 2023, 08:11:32 AM

Quote from: maydna on November 23, 2023, 12:39:22 PM

~snip~

This happens because the greed that has overcome them so that it encourages them to return to pursue bigger wins. When they get a big win, not all gamblers can get it easily, even if they try as hard as possible if the luck is not on them, they will not get the big win, even if they continue gambling after getting a big win, they might lose the winnings they have got again, but if you say that, they are among the lucky ones because they continue the game after getting the win.
Because people who gamble when they continue their game when they get their winnings tend to get defeated, but if they get back the winnings it is very lucky.

Yes as much as possible they have to withdraw the winnings they get, and consider it if they really want to continue the game to pursue a bigger win, And keep in mind luck is not on their side all the time.

Greed can indeed encourage us to continue gambling, and we can also be easily tempted. But if we have good self-control, we will not be tempted, and we can even stop ourselves from gambling and leave the casino. We will not chase another win because we understand that it is difficult for us to get it, so we will choose just to stop gambling rather than experience more losses. People who continue to gamble and cannot stop themselves will experience loss. Even though they can also win, they will lose more often, and that will make them lose more money. Indeed, some people can manage to win again, and they are lucky people, but if they still can't stop, they will lose their money from consecutive losses in the next round.

Withdrawing their winnings is something they should do, and never think about using the winning money to continue gambling. It wouldn't be worth doing, especially if you've been gambling for some time. You need a break to de-escalate the tension so that winning and celebrating the win is recommended.

Indeed, if only someone can control himself well maybe he will not continue to gamble, they should be able to fight greed with good self-control, by stopping when getting a win or when getting a loss, that way they will not experience a lot of money losses. Even if they get a win, if they look back they may have lost a lot of money which makes them lose a lot of money and the win can't make up for the losses they have gotten. No matter how hard they pursue the victory they want to get it will not happen if they are not lucky, even with good skills in gambling, it does not rule out the possibility of them losing, because skills in gambling in my opinion do not have a big effect. Because only luck has a big influence on gambling, even if they are beginners who do not know clearly about gambling and just play by default but if they are lucky then they can get a decent win.

That's the best, and to do that requires strong self-control to fight the greed that is on the rise when getting a win, naturally only a few people can do it because it's not easy to do just easy to say. People who are smart or wise will withdraw their winnings and go to enjoy their winnings alone or with their friends. They will not be rash in making decisions that are at great risk.

dezoel

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Quote from: Dr.Bitcoin_Strange on November 22, 2023, 01:47:42 PM

Real gamblers know when to stop; they have self-principles that guide them; they don't gamble off the amount which will hurt their emotions.

Do you mean that a person who gambles more often and has no self-control is not a real gambler? That's not how you label gamblers because there are either responsible gamblers or irresponsible gamblers and there is nothing like a real gambler or a fake gambler, etc. A person who has no self-control and patience and always gambles more money than they should be irresponsible gamblers while the opposite of that are responsible gamblers because they know when to stop and what their limits are.

Among all gamblers, the majority are irresponsible because gamblers usually tend to be compulsive and they can't control the urge when they are either winning or losing, they always want to win more when winning and recover their losses when losing and both of these things contribute in making them irresponsible gamblers.

meser#

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If I wasnt wrong there is a saying "monte carlo delusion". In a roulette table the ball stopped on the black numbers 26 times consecutively and everybody thoughts its done with black's round and its time to red. It didn't stop on the 0 nor on the red it was black again. Once I heard this story I realized there is no spesicific time to jackpot or etc. If you don't run out your budget you will hit the big winning no matter what. But there is no exact timing like i was so close to jackpot. You are not oracle mate

If you run out your budget just take a break otherwise your betting amount will be higher and higher. Spoiler alert at the and you will loooose all your money Wink

Chikito

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Quote from: Outhue on November 20, 2023, 07:42:12 AM

I keep seeing gamblers advising themselves that you are one step closer to winning the jackpot when you quit too early, it's sad that they strongly believe this.

Is this true?

That's a subtle invitation for you to keep playing. I don't know, Is it affected for you or not?, but for me, whatever my friend said, if I want to stop playing and withdraw my win, I will do that without hearing anyone he said. I play gambling it's just for fun, I know that gambling is not making you rich like advertising on YouTube or another platform. You must believe in yourself and don't be easily influenced by people which might get you into trouble and lost.

Vaskiy

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I haven't heard of this, but I've heard this saying with a person who is hard working. At some point people used to get worried and feels down when they keeps working and they weren't able to enjoy the goodness out of it. To keep them motivating people used to say this and make them progress.

Yaunfitda

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Quote from: oktana on November 24, 2023, 07:06:32 PM

When people gamble too much but don’t win, I assume that they are just contributing money and one day they’ll just win it back.

Not sure where you got this idea mate, but I don't think it's safe to assume that what you lost in gambling, you can simply win it back, if this is what you are trying to say. Of course, there could be cases that people won, but majority like me, playing all year, will be in the negative by this time unless we win big like a jackpot or a lotto or something.

Quote from: oktana on November 24, 2023, 07:06:32 PM

My advice is that when you’re playing these games and you’re losing, you may want to take some time off. If you later come back and the losses continue, then stop and try to play a different type of game. Don’t let the one step closer advice make you go broke. You may be lucky and it happens like that for you, but it’s also possible you’re just giving away your money for nothing but some believe.

Yes, take some time off, like breaking the curse if you are in a losing streak. And even if you are winning form, you don't know that in a blink of an eye, you are going to lose all the money that you have win and then the worst is that it could include your initial capital. If this happens, gonna be hard mentally as you have already the money in your hand and yet you continue because you think that you can double it up again.

Casdinyard

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you talking about this meme?

If you are, and I'm guessing you're not that versed in the world of memes and internet culture, this is a post made to poke fun at people who literally threw their lives away for the sake of gambling. Is it cruel and apathetic? Yes. is it funny? Yes. How so? Well, people as code200 said eloquently, have their own sets of belief systems that are based on whether they are full-on degen or not sick in the head. You could guess from where I'm going that I mean to tell the people who outrightly believe in posts like these and couldn't decipher that this was made to make fun of them are those that are already fucked in the head, and addicted to gambling in the highest degree.

oktana

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When people gamble too much but don’t win, I assume that they are just contributing money and one day they’ll just win it back. My advice is that when you’re playing these games and you’re losing, you may want to take some time off. If you later come back and the losses continue, then stop and try to play a different type of game. Don’t let the one step closer advice make you go broke. You may be lucky and it happens like that for you, but it’s also possible you’re just giving away your money for nothing but some believe.

Kelward

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I think that one word to describe OP's friend is he's a gambling ADDICT, because its only a degenerate gambler that will not quit for the day when he's lost so much money, with the illusion that if he continues gambling he'll eventually change his luck and start to win. I think the guy really needs psychological help to come out of that kind of mindset. It's a very bad advice any day, gambling addicts needs help.

Topic: Is this a good advice? - page 3. (Read 1258 times)