little knowledge about gambling - before I knowing bitcointalk.org forum - page 4.

JohnBitCo

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Quote from: Mbah_Google on January 24, 2022, 10:45:40 PM

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.

Well, gambling is risky and almost all experienced gamblers know this. Winning in Gambling requires luck and unfortunately, we do not have control over luck. However, we do have control over our money and if we sensibly use our money in gambling, we can have good results.

Since you have now come to the gambling section of bitcointalk.org, you will have an edge over other gamblers. Here you will find all the pros and cons of different gambling sites and you will better know about gambling.

naira

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Quote from: Xinarae* on January 26, 2022, 08:04:32 AM

The right advice for gambling is to have enough capital and choose the right time there are the right times so you can earn more and go for a jackpot. The key to success is finding that window and earning more rewards than every game you play choose different times of the day or night and look for the winning percentage to get on your way. You need to be careful and vigilant about spending all your money never be too greedy and never lose all the wins in one day.

Are tricks or solutions like this really effective for luck-based gambling? because so far no one has ever guessed when the ideal time to enter. Only from lip to lip and as if it would become a widespread belief. Most beginners appear in gambling because they see videos seen on social media, then use gambling as a means of wealth with an overwhelming sense of lust. No self-accustoming, early learning, and pretty unreasonable intentions.

michellee

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Quote from: Mbah_Google on January 24, 2022, 10:45:40 PM

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.

Having control is the number 1 for me. You must have good control if you play gambling because when you win, you can easily tempt to continue and try to win more. Maybe we do not intend to win, but after we win, we feel something different, which could make us stay for more. Many gamblers break their own rules because of their winning and can not control their emotions so it is better to take a break after you win to reduce your tension.

hahay

legendary

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I just remembered, in the past I did not have any knowledge of self-control in gambling. In the past I just kept on gambling and kept on gambling again and again without considering the risks, after I read a lot of posts here it really gave me input and learning. Now, I have become able to control myself and know when to stop and continue in gambling and it is basically something that varies from person to person. So yes, the point is that I am greatly helped by the existence of this forum which has many discussions which are of course very useful.

rhomelmabini

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Quote from: Xinarae* on January 26, 2022, 08:04:32 AM

The right advice for gambling is to have enough capital and choose the right time there are the right times so you can earn more and go for a jackpot. The key to success is finding that window and earning more rewards than every game you play choose different times of the day or night and look for the winning percentage to get on your way. You need to be careful and vigilant about spending all your money never be too greedy and never lose all the wins in one day.

Sometimes it's not especially if you're a greedy one, even if you have the huge capital at hand that wouldn't be enough to get you earn more or hit a jackpot. It feels like it's more on the luck side of the player to get a jackpot. Greediness on whether you are on the losing or winning side is the root to being broke in gambling, never gets old.

Xinarae*

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The right advice for gambling is to have enough capital and choose the right time there are the right times so you can earn more and go for a jackpot. The key to success is finding that window and earning more rewards than every game you play choose different times of the day or night and look for the winning percentage to get on your way. You need to be careful and vigilant about spending all your money never be too greedy and never lose all the wins in one day.

molsewid

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Quote from: Strongkored on January 26, 2022, 01:22:46 AM

I don't know if anyone jumps into gambling aimlessly to get a win, I think it's like an athlete who doesn't want a win meaning it's very imposibble to happens. The problem of the gambler is the inability to control himself and greed, when winning will continue to play because he thinks it's his lucky day but ends up losing all also when experiencing losses continue to play because thinking to recover the amount of losses. Gambling will not be a problem if you know the risks and are consistent with self-made rules.

One of the main motives of gambler why they gambling is the winning prizes and that's odd if gambler start gambling without this motive or maybe some are just there for fun and entertaining themselves but the winning prizes are quite attractive right to give you the energy to be competitive to get it. Tmat the end of the day being a gambler must always have come with a self responsibilit to have a limitation and control. Monetary losses is inevitable in gambling but the metrics of how much do you want or afford to lose depends on the gambler.

Poker Player

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Quote from: Mbah_Google on January 24, 2022, 10:45:40 PM

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.

I have better advice: understand the math behind gambling, especially the concept of expected value or mathematical expectation. Also from House Edge. Then you will realize that gambling is a sure way to lose money in the long run. You can play for entertainment and maybe in the short term you will win something, but always do it with money you don't need.

Cryptock

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Quote from: Kakmakr on January 26, 2022, 01:16:43 AM

If you say you started gambling not to Win, you are lying to yourself. Everyone that ever walked around in a Brick n Mortar casino and talked to people that are gambling, will tell you that they are hunting that one huge Jackpot to cash out.

Why do people enter the Lottery? They want to win that huge amount of money to enable them to fund their dreams or a better life. Some people have enough money and they do this for entertainment, but it is not fun if you are constantly losing. Roll Eyes

@Mbah_Google didn't mean going to the casino with the idea of losing. I think the idea is to avoid disappointment that we didn't win. Because, unfortunately, the truth is that few people leave the casino with a positive balance. Most of us will most likely leave money at the casino's cash desk.

Strongkored

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Quote from: Mbah_Google on January 24, 2022, 10:45:40 PM

And The best advice I could give to someone who wants to start gambling is probably to never start gambling to win

I don't know if anyone jumps into gambling aimlessly to get a win, I think it's like an athlete who doesn't want a win meaning it's very imposibble to happens. The problem of the gambler is the inability to control himself and greed, when winning will continue to play because he thinks it's his lucky day but ends up losing all also when experiencing losses continue to play because thinking to recover the amount of losses. Gambling will not be a problem if you know the risks and are consistent with self-made rules.

Kakmakr

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Welcome to the forum...

If you say you started gambling not to Win, you are lying to yourself. Everyone that ever walked around in a Brick n Mortar casino and talked to people that are gambling, will tell you that they are hunting that one huge Jackpot to cash out.

Why do people enter the Lottery? They want to win that huge amount of money to enable them to fund their dreams or a better life. Some people have enough money and they do this for entertainment, but it is not fun if you are constantly losing. Roll Eyes

mm2543363580

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Quote from: Mbah_Google on January 24, 2022, 10:45:40 PM

The best gamblers I know are constantly vigilant and always evaluate the balance between losses and gains.

If someone does not control his budget, it means he have lost control of what he do. We always have to determine how much money we can lose in order not to get into trouble. I think it is not just the best gamblers, but everyone should do it, because if we don't do that, we can easily get addicted and get into debt.

magneto

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Quote from: Mbah_Google on January 24, 2022, 10:45:40 PM

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.

Great advice.

Keep a balance between gaming and the rest of your life, and don't let the profits get to your head when you do win.

At the end of the day this is a -EV game that definitely wouldn't be able to make money for you in the long run. Even if you are an advantage player, you need to have stringent bankroll management before anything else.

jrrsparkles

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Quote from: Mbah_Google on January 24, 2022, 10:45:40 PM

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.

Its better to know your limits then setting limits and go with that, keep the limit as affordable as much you can then only even if you loss the money it won't look a huge loss to you.

Don't chase loss, it will end up in more loss that is I learnt from the experience of others.

Just allocate budget and don't think it as an investment.

btc78

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Quote from: Mbah_Google on January 24, 2022, 10:45:40 PM

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.

Safe keeping guard your budget is indeed hard to do because there are instances that you will lose more and win a little so this is the trend in what gambling can bring.

Quote

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.

lol not to start wanting to win? so what do you want people to do? look for losses instead? lol that is the most hypocrite advise i ever heard lol.

robelneo

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Quote from: Mbah_Google on January 24, 2022, 10:45:40 PM

As we know that Gambling offers players the chance to pocket a lot of money,

Actually, your chance is not good compared if you invest it in the market, have fun when you see a profit and your allocated time is already up stop and enjoy your winning as much as you enjoy playing

Quote

but it can also lead to significant monetary losses (which we all had).

It's the reality you only lose if you did not enjoy playing or you play thinking that you can make money

Quote

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.

That's a bit of good advice, if you can implement it, there's a time that you lose control and motivate yourself to win when the opportunity presents it to you you can grab it but always come back to what gambling is all about and that is to enjoy playing.

rijaljun

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The forum here is certainly a good source to get information. What I think is even more important is that you can check the reputations of a casino and share user experiences with each other. A user experience is very important and very valuable. The forum is an excellent place for that.

AhmadM

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Quote from: Mbah_Google on January 24, 2022, 10:45:40 PM

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.
~

Safeguard the budget? Huh

If I'm not misunderstood the thing, I guess it's the same as point number two. After all, the advices above are common knowledge for gamblers however I bet still there some people out there who struggle to apply it into actual action due to its addiction (~~including me~~).

Quote from: Mbah_Google on January 24, 2022, 10:45:40 PM

And The best advice I could give to someone who wants to start gambling is probably to never start gambling to win. ~

I know the meaning behind your words, but gambling without winning seems boring Cheesy

Btw, welcome to the forum!

dbc23

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Quote from: Mbah_Google on January 24, 2022, 10:45:40 PM

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.

I just wish this rules were as easy as you state them. It's difficult for a jobless person to set limits not to mention knowing when to stop all an idle gambler glamours for is to hit a major jackpot that could change their lives forever some gets lucky with it and others gets motivated from such wins and tries harder to hit theirs and end up been swallowed by it's addiction

Fortify

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Quote from: Mbah_Google on January 24, 2022, 10:45:40 PM

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.

The only responsible gambler is one who knows that the odds are against them in most casino games and in the long run they will lose all their money. They may have a small amount budgeted for fun money, but even that could probably be put to better uses if they want a more comfy retirement later in life. A gambler is naturally thinking about the short term, the possibilities of getting super rich without having to do much work, but you have more chance of being struck by lightening that being able to pull that off. If you want to learn a useful skill, go for a game where you can define whether you are intelligent enough to beat other players - like poker or chess, which could turn into a productive income over time.

Topic: little knowledge about gambling - before I knowing bitcointalk.org forum - page 4. (Read 704 times)