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Topic: little knowledge about gambling - before I knowing bitcointalk.org forum (Read 646 times)

legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
All of that can be done if you are knowledgeable on the risk and reward and you have the discipline.

Setting limits is always necessary as when you are gambling you are taking risks although you are having fun.
We should always remember that so we will stay realistic knowing that a chance of losing is also possible aside from winning.

A responsible gambler would enjoy what he is doing even if he is not a winner, besides, most of us are looking to entertain in gambling, and if we should easily accept even if we lose.
legendary
Activity: 2310
Merit: 1899
Leading Crypto Sports Betting & Casino Platform
I was like this before, I lose than often and the net gain are losses.

What may likely be causing this is because you see gambling as a way of making money or making profit, but it should not be seen that way, the reason some people later got addicted or lost a lot of money to gambling.

I disagree.

Whatever your mindset in gambling, you'll lose your money because that's how gambling works, even if you treat is as an entertainment---you will eventually lose your money. Gambling will become an addiction no matter what is entirely depends on a person, because addiction means you're enjoying it, it could be either a bad addiction or a good addiction. You cannot dictate someone that they shouldn't see it that "way", we play gambling for our own reason, and play with different kind of risks.

So what is your point? Do not gamble at all because it is unprofitable? But when you go to an expensive restaurant and eat a steak, it is also unprofitable. Or going to the movies. All entertainment costs money and there is nothing wrong with gambling either. Problems start when entertainment turns into addiction, but this applies to food as well as everything else, not just gambling.
legendary
Activity: 2954
Merit: 1050
Leading Crypto Sports Betting & Casino Platform
Some people just have addictive prone personalities, now if someone realizes this about themselves then they need to be incredibility careful as they could get addicted to all kind of negative behaviors and substances and ruin their lives that way, unfortunately the majority that suffer from a personality like that do not realize this and as such they take no precautions at all and end up getting addicted to something, which is a shame as they could have avoided that fate by just being more aware of their strong and weak points.

Sad true, people who have this kind of problem doesn't realize things like this until they already suffer, too late as they can't adjust anymore and they really needed someone to help them out to cure themselves, though it's more on self cure but the help of professionals and loves do have big influenced to assist and help to move away from this kind of addictions.

Negative behaviors like this are one of the many addictive problems.

Not just you, but everyone that surrounds you are also affected by your problem..
hero member
Activity: 2996
Merit: 609
Well, you are right that we have heard about it but number 1 won't work with gambling addicts. They will know when to stop but they can't prevent the urge to gamble so it won't work unless he/she have help or support from friends to stop the urge to gamble. Better change the mindset to having fun using your own budget for gambling ony instead of focusing on pocketing huge amount of money. After all, most gambling are based on luck.
If they have a strong will, they can manage to control themselves.

It always end up with that idea if they really want to stop, they'll control themselves and let their will live on it because that's what they want to happen.

But if they can't just stop themselves, that's going to trigger them to gamble more and despite they want to stop, they can't because their will isn't strong enough.
Some people just have addictive prone personalities, now if someone realizes this about themselves then they need to be incredibility careful as they could get addicted to all kind of negative behaviors and substances and ruin their lives that way, unfortunately the majority that suffer from a personality like that do not realize this and as such they take no precautions at all and end up getting addicted to something, which is a shame as they could have avoided that fate by just being more aware of their strong and weak points.
If they do just simply picture out their lives on bigger scale whenever they do lost up big money or had really compromised out their savings then they would be fully aware and no one really likes

for it to happen and thats why we do have the will on what are the things we should gonna do but if you do tolerate out that greediness inside you then you would surely be fucked up.

Dont do things if you dont know on whats gonna happen in terms of finances.Play on the amount which you can afford to lose and dont go beyond that limit.
legendary
Activity: 2492
Merit: 1332
Well, you are right that we have heard about it but number 1 won't work with gambling addicts. They will know when to stop but they can't prevent the urge to gamble so it won't work unless he/she have help or support from friends to stop the urge to gamble. Better change the mindset to having fun using your own budget for gambling ony instead of focusing on pocketing huge amount of money. After all, most gambling are based on luck.
If they have a strong will, they can manage to control themselves.

It always end up with that idea if they really want to stop, they'll control themselves and let their will live on it because that's what they want to happen.

But if they can't just stop themselves, that's going to trigger them to gamble more and despite they want to stop, they can't because their will isn't strong enough.
Some people just have addictive prone personalities, now if someone realizes this about themselves then they need to be incredibility careful as they could get addicted to all kind of negative behaviors and substances and ruin their lives that way, unfortunately the majority that suffer from a personality like that do not realize this and as such they take no precautions at all and end up getting addicted to something, which is a shame as they could have avoided that fate by just being more aware of their strong and weak points.
hero member
Activity: 2786
Merit: 578
Well, you are right that we have heard about it but number 1 won't work with gambling addicts. They will know when to stop but they can't prevent the urge to gamble so it won't work unless he/she have help or support from friends to stop the urge to gamble. Better change the mindset to having fun using your own budget for gambling ony instead of focusing on pocketing huge amount of money. After all, most gambling are based on luck.
If they have a strong will, they can manage to control themselves.

It always end up with that idea if they really want to stop, they'll control themselves and let their will live on it because that's what they want to happen.

But if they can't just stop themselves, that's going to trigger them to gamble more and despite they want to stop, they can't because their will isn't strong enough.

Strong will comes from experience if you lose a lot in the past and comes to a point where you lose a huge amount of money that you suffer bankruptcy and you promise yourself that this will not happen to you again in gambling then you can develop a strong will, it takes unforgettable experience for you to have control of your will and mind.
It's a mix of everything based from your experience.

There's a lot of reason why you're going to be a strong willed person to overcome that emotion of yours. As in, you can control it and even if you're having a bad day.

It won't trigger you to gamble just because you're losing a lot. You're still in control of the situation and that's what it means of being a good gambler and you're not easily going to be eaten by your emotion.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
Well, you are right that we have heard about it but number 1 won't work with gambling addicts. They will know when to stop but they can't prevent the urge to gamble so it won't work unless he/she have help or support from friends to stop the urge to gamble. Better change the mindset to having fun using your own budget for gambling ony instead of focusing on pocketing huge amount of money. After all, most gambling are based on luck.
If they have a strong will, they can manage to control themselves.

It always end up with that idea if they really want to stop, they'll control themselves and let their will live on it because that's what they want to happen.

But if they can't just stop themselves, that's going to trigger them to gamble more and despite they want to stop, they can't because their will isn't strong enough.
You are right, because first of all the addicted gambler himself must want to stop gambling to overcome his addiction. No friends, family or therapists can cure an addiction if the individual on the center of the issue is reluctant in doing so. Third parties' help is useful as a support and as an incentive to encourage the addicted gambler during the hard times, when he may think about giving up his fight for sobriety. However, the battle is always fought by the addicted person, so the biggest part of the effort must come from him. He must be confident and resilient until the end.
hero member
Activity: 2856
Merit: 578
Leading Crypto Sports Betting & Casino Platform
Well, you are right that we have heard about it but number 1 won't work with gambling addicts. They will know when to stop but they can't prevent the urge to gamble so it won't work unless he/she have help or support from friends to stop the urge to gamble. Better change the mindset to having fun using your own budget for gambling ony instead of focusing on pocketing huge amount of money. After all, most gambling are based on luck.
If they have a strong will, they can manage to control themselves.

It always end up with that idea if they really want to stop, they'll control themselves and let their will live on it because that's what they want to happen.

But if they can't just stop themselves, that's going to trigger them to gamble more and despite they want to stop, they can't because their will isn't strong enough.

Strong will comes from experience if you lose a lot in the past and comes to a point where you lose a huge amount of money that you suffer bankruptcy and you promise yourself that this will not happen to you again in gambling then you can develop a strong will, it takes unforgettable experience for you to have control of your will and mind.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
That's how it feels when you gamble, if you win, there's money. It's easy to remind everyone to get their profits and stop but, I don't think that everyone is going to listen to that anymore if they've been enjoying and raking money from the games they play with.
Those have lost that much profit instead of taking care of it when they can, they're the ones that have learned that mistake the hard way and they don't want to let it happen again and that's making them wiser.
Yes, it is. I feel that too, when I remind my friend to stop for a while after getting to win. He says that the passion for continuing gambling is still there and he should try once or twice more to see his luck. But suddenly, he lost and I still reminded him to stop and this time, he followed my suggestion. We always remind each other to stop gambling, no matter the result.

But I already have experienced losing almost half of my winning a few years ago because of continuing the games, which feels pain. So from that experience, I will always be careful to gamble and not break my limit.
hero member
Activity: 2786
Merit: 578
Well, you are right that we have heard about it but number 1 won't work with gambling addicts. They will know when to stop but they can't prevent the urge to gamble so it won't work unless he/she have help or support from friends to stop the urge to gamble. Better change the mindset to having fun using your own budget for gambling ony instead of focusing on pocketing huge amount of money. After all, most gambling are based on luck.
If they have a strong will, they can manage to control themselves.

It always end up with that idea if they really want to stop, they'll control themselves and let their will live on it because that's what they want to happen.

But if they can't just stop themselves, that's going to trigger them to gamble more and despite they want to stop, they can't because their will isn't strong enough.
sr. member
Activity: 2324
Merit: 454
Personally, gambling is something that I cannot tolerate with. I tried gambling but most of the results were not in my favor. That is why, I really see it as a form of entertainment where it is relatively difficult to win money (at least in my case).
I was like this before, I lose than often and the net gain are losses.

What may likely be causing this is because you see gambling as a way of making money or making profit, but it should not be seen that way, the reason some people later got addicted or lost a lot of money to gambling.


I disagree.

Whatever your mindset in gambling, you'll lose your money because that's how gambling works, even if you treat is as an entertainment---you will eventually lose your money. Gambling will become an addiction no matter what is entirely depends on a person, because addiction means you're enjoying it, it could be either a bad addiction or a good addiction. You cannot dictate someone that they shouldn't see it that "way", we play gambling for our own reason, and play with different kind of risks.
hero member
Activity: 2996
Merit: 600
Eloncoin.org - Mars, here we come!
Nice advice! We think here is nothing bad in gambling in case of achieving recreative goals. But once it starts to be the obsession - nothing good could take place.
It's actually good when you're hitting achievements and goals as you gamble. But if it's not then you should just do it as a means of casual gambling and whether you hit or miss it, you shouldn't be emotional with it.
And if you win from the games, especially win much money, do not forget to stop the games and withdraw the money and not continue playing gambling because that can make you lose that money. We already have seen many examples from those who can win money but are still playing gambling and suddenly, their greed becomes bigger and they lose all of that money quickly. It is why we need to manage our emotions and greed and not let it bigger.
That's how it feels when you gamble, if you win, there's money. It's easy to remind everyone to get their profits and stop but, I don't think that everyone is going to listen to that anymore if they've been enjoying and raking money from the games they play with.
Those have lost that much profit instead of taking care of it when they can, they're the ones that have learned that mistake the hard way and they don't want to let it happen again and that's making them wiser.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
Personally, gambling is something that I cannot tolerate with. I tried gambling but most of the results were not in my favor. That is why, I really see it as a form of entertainment where it is relatively difficult to win money (at least in my case).
I was like this before, I lose than often and the net gain are losses.

What may likely be causing this is because you see gambling as a way of making money or making profit, but it should not be seen that way, the reason some people later got addicted or lost a lot of money to gambling.

Try not to play often, do not see it as a way of profit, take it completely as fun, use the money you can afford to lose. Like me I use less than 5% of my income and I play once or twice a week, but barely twice a week.
I have known some individuals that uses gambling as their profession and way of living and trust me some of them are really successful person.

I'm not saying that I am giving blessings to those who wanted to gamble to win big but what i wanna say is this is depend on your way in life, if you will dedicate your life in gambling and knows your boundary and limit then I think even if you desire to win most of the time it will happen.

Just make sure that addiction will never take place here as this will ruin everything in you.
legendary
Activity: 1414
Merit: 1118
...gambling responsibly. Do not be addicted.
Personally, gambling is something that I cannot tolerate with. I tried gambling but most of the results were not in my favor. That is why, I really see it as a form of entertainment where it is relatively difficult to win money (at least in my case).
I was like this before, I lose than often and the net gain are losses.

What may likely be causing this is because you see gambling as a way of making money or making profit, but it should not be seen that way, the reason some people later got addicted or lost a lot of money to gambling.

Try not to play often, do not see it as a way of profit, take it completely as fun, use the money you can afford to lose. Like me I use less than 5% of my income and I play once or twice a week, but barely twice a week.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
Nice advice! We think here is nothing bad in gambling in case of achieving recreative goals. But once it starts to be the obsession - nothing good could take place.
It's actually good when you're hitting achievements and goals as you gamble. But if it's not then you should just do it as a means of casual gambling and whether you hit or miss it, you shouldn't be emotional with it.
And if you win from the games, especially win much money, do not forget to stop the games and withdraw the money and not continue playing gambling because that can make you lose that money. We already have seen many examples from those who can win money but are still playing gambling and suddenly, their greed becomes bigger and they lose all of that money quickly. It is why we need to manage our emotions and greed and not let it bigger.
hero member
Activity: 1526
Merit: 596
As we know that Gambling offers players the chance to pocket a lot of money, but it can also lead to significant monetary losses (which we all had). Even though I'm new to this forum, but I want to share a little experience related to gambling on various online sites. While you may hear it often, here's a snippet:
1. Know when is the right time to stop playing.
2. Set limits and monitor your money.
3. Safeguard your budget.
The best gamblers I know are constantly vigilant and always evaluate the balance between losses and gains.
And The best advice I could give to someone who wants to start gambling is probably to never start gambling to win. It's definitely the worst approach that in the long run leads to the financial ruin of any novice gambler.


These are all really good advice.

I think that most of the time, you are going to find that gambling is just a form of entertainment.

If you take it to be something more than that you are probably going to lose money - at the end of the day, the games that you play will have to benefit the 'house' and you will always get the shorter end of the stick regardless of how hard you try.
hero member
Activity: 2996
Merit: 600
Eloncoin.org - Mars, here we come!
Nice advice! We think here is nothing bad in gambling in case of achieving recreative goals. But once it starts to be the obsession - nothing good could take place.
It's actually good when you're hitting achievements and goals as you gamble. But if it's not then you should just do it as a means of casual gambling and whether you hit or miss it, you shouldn't be emotional with it.

Please, be aware of responsibility you have while playing! It is a big trend to blame someone in cheating but in the reality neither casinos nor betting companies are trying to trick someone. Human psychology tricks everybody. The only point is somebody realized how does it work. Best regards, 1win team
That's where the control and emotional ticking in. When you can't accept the losses and defeat, your behavior is going to be the reason why you'll be ending up in mischief.
hero member
Activity: 1792
Merit: 507
^

What strategies to come back with? I have played with many strategies and in the long run none of them will help make money. In gambling, you can only count on luck and play not to win but to have a good time and have fun. You can endlessly change the strategy of the game, but you can not cheat the theory of probability and mathematical expectation.

I think it's just a betting strategy, which is probably the amount of money spent on the game and the amount of stakes. The most common mistake that new gamblers make is that they place their stakes too high comparing to the funds they have to play. A good betting strategy is also very important.
hero member
Activity: 2268
Merit: 669
Bitcoin Casino Est. 2013
Well, you are right that we have heard about it but number 1 won't work with gambling addicts. They will know when to stop but they can't prevent the urge to gamble so it won't work unless he/she have help or support from friends to stop the urge to gamble. Better change the mindset to having fun using your own budget for gambling ony instead of focusing on pocketing huge amount of money. After all, most gambling are based on luck.
sr. member
Activity: 1848
Merit: 341
Duelbits.com
In luck-based gambling, you don't need to rely a lot on thinking hard. In contrast to playing poker it will be quite draining the mind. And the skills required also encourage gamblers to be proficient in mastering cards and tricks that may still be relevant. While the rest of gambling is only about how much luck a person has from time to time.
Well indeed, compared to poker or other skill-based games certainly luck based games would be more simpler and less tiring. Therefore for some individuals that kinda impatientence like me would prefer the second option and rarely play the first one.
At the end it is a matter of preferences, some people like the idea of getting an edge over the casino and other players and they want to play games in which their skill can impact the result of the game, however there are some other people that like the opposite, they just want to relax and enjoy their time at the casino without having to worry about things like that, in such a case then games that are completely random are a better fit for those kind of players.
Agree, back to the preference of the gambler himself regarding his choice of luck-based games or indeed his realm in gambling which is required to focus on using the mind. For me personally based on luck is more preferred, especially by beginners who are new to gambling. Meanwhile, skill-based gambling is indeed played by people who are quite deep in games such as cards, where this gambling is said to be the most prestigious gambling.
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