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Topic: little knowledge about gambling - before I knowing bitcointalk.org forum - page 6. (Read 687 times)

hero member
Activity: 2030
Merit: 578
No God or Kings, only BITCOIN.
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.
But we can't deny the fact that almost all who dives into the world of gambling was into the money they can get if they win something. I think a few only think of the leisure and the fun and most of those who might get into the fun are those whales or rich or those who considers it literally as it is. Other percentage may just getting into gambling because of the bonuses and promotions.
hero member
Activity: 1050
Merit: 592
God is great

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.

When could be the right time? Do you mean when one is not with much fund in the pocket the person should give a break?
The aim of every gambler is to win . The main thing for a beginner to learn before playing gamble is to learn the techniques of gambling.
And a beginner should not have the mindset of winning without  having any knowledge in gambling.
full member
Activity: 1050
Merit: 110
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 would like to add one more very important point to your list, which is to check casino credibility before making a deposit. New gamblers are usually convinced by large bonuses, and they do not check at all whether the casino will be able to pay them out.
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag
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 think having this kind of mindset is really not that bad(though it still has its dangers). what I think is bad, is gambling way over your budget. it won't matter whether you are playing for entertainment or not. gambling money you can't afford to lose could put you in financial instability.

Expecting to lose won't upset you at the end of the day. That's like giving the money so why not just donate instead to help some BTC donation address for the homeless for pizza.  

I certainly prefer to bet first and win before donating though. Whether the money is what we consider we can afford to lose or not, winning is a lot entertaining. Winning is essentially the reason why gamblers are playing, to grow their money, and if they lose try again another day.
full member
Activity: 854
Merit: 130
And The best advice I could give to someone who wants to start gambling is probably to never start gambling to win.
So, gamble if not to win, why do people gamble, I don't accept that advice, I gamble to win, if not to win I won't gamble.

• How does one know when to stop gambling, do you have a way to see the stop time when placing a bet.
• How to limit or monitor the money you want to bet on gambling, do you have that method.
• And one more thing, tell us how to keep a budget on gambling, so we can keep it.

Thank you, if you are willing to answer my question, if it is not answered, it's not a serious problem.
I think what the user means is not to put winning as the priority when going into gambling just like we all say gamble for fun to avoid getting addicted in the quest to make more money if winning become the priority, but I think there is a moss up in the ops title and the message itself.
legendary
Activity: 2436
Merit: 1104
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 think having this kind of mindset is really not that bad(though it still has its dangers). what I think is bad, is gambling way over your budget. it won't matter whether you are playing for entertainment or not. gambling money you can't afford to lose could put you in financial instability.
hero member
Activity: 1764
Merit: 696
[Nope]No hype delivers more than hope
So, gamble if not to win, why do people gamble, I don't accept that advice, I gamble to win, if not to win I won't gamble.

Gambling is determined by luck and there are many people with poor emotional control (like me). Op's advice is of course good and is actually a principle that I hold in gambling. As such, I'm not too dedicated to winning bets. It's not that I don't want to win, but I'm more worried about myself when I lose more while winning is my goal.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
All is good but I guess you should add some more to know where you should gamble so you do not pick the wrong gambling site to deposit and always control your emotion.
By searching on this forum, I am sure you will find many recommended gambling sites that will be your favorite sites later because they give their best services to their members.
You can advise like that, but we do not know if they will follow your suggestion or still be curious to play gambling.
We can let them decide what they want to do.
legendary
Activity: 1904
Merit: 1563
@YOSHIE

I think what he is saying is that, winning should not be the utmost priority when gambling. If you'll notice, there is a word "never" that opposes the idea that winning/ making money in gambling is the main premise. Perhaps there is a misunderstanding here Cheesy

And also, I think your questions has something to do with risk management and psychological part of gambling that plays a crucial part whether or not they are answered. Because you see, that these basic areas are the ones that most people neglect not only in gambling but in trading as well.
hero member
Activity: 1680
Merit: 505
And The best advice I could give to someone who wants to start gambling is probably to never start gambling to win.
So, gamble if not to win, why do people gamble, I don't accept that advice, I gamble to win, if not to win I won't gamble.

I think the idea was not to start gamble with the belief that we would definitely win. I also think that it is better to prepare an appropriate amount of money for gamble in advance and prepare for the fact that we will rather lose this amount. Then when we play, our emotions have less influence on our decisions. If we are lucky and win then the joy is greater.
legendary
Activity: 2128
Merit: 1775
And The best advice I could give to someone who wants to start gambling is probably to never start gambling to win.
So, gamble if not to win, why do people gamble, I don't accept that advice, I gamble to win, if not to win I won't gamble.

• How does one know when to stop gambling, do you have a way to see the stop time when placing a bet.
• How to limit or monitor the money you want to bet on gambling, do you have that method.
• And one more thing, tell us how to keep a budget on gambling, so we can keep it.

Thank you, if you are willing to answer my question, if it is not answered, it's not a serious problem.
newbie
Activity: 10
Merit: 4
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.
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