Topic: Making decisions while betting (Read 2635 times)

~ Yes, deposit only the amount that we can afford to lose is the recommendation for every gambler so they will not break their rules to control their gambling activity. If you can always stick to your rule by always limiting the money in gambling, you will not experiences the lose that can be bigger. You will have a chance to enjoy the games while you don't thinks much of the wins as the wins is not your target when you playing gambling but you only wants to have fun.

It is the idea of using a bigger bankroll to bet and one would win big that has made lots of gambler used almost all their money to bet. But they fail to understand that the people who use this strategy in betting are financially stable, and they can get back that money in a day without working for it. They have built a financial structure or business so they do not fear to spend such amount on gambling knowing full well it will be replenished in a matter of time.

For someone who just started gambling. Gambling with cautiousness that he has little and do not know all the basics of gambling, he is supposed to use little bankroll to gamble if not he would end up giving everything he had and if there is no backup or source of money flow, he will have no other choice than to be in debt till he gets on his feet again.

In the world of betting where decisions can increase or decrease your chances of winning, it is important to understand the influence of emotions on the decision-making process. Our mood can greatly influence the choices we make, and this also applies to in-play betting. Whether you're feeling elated, frustrated, or anxious, your emotional state can greatly impact your ability to make rational decisions and ultimately determine the outcome of your bets.

There are many factors:

Emotion: When we experience intense emotions, such as excitement or disappointment, our decision-making abilities tend to be impaired. These emotional highs and lows can cloud our judgment and lead us to make impulsive or irrational choices. For example, after an exciting win, we may feel invincible and tend to place larger bets without carefully considering the odds or analyzing the game situation. Conversely, after a devastating loss, we may be driven by frustration and seek to recoup our losses quickly, leading us to make reckless bets without proper research.


Overconfidence: Emotions can also lead to overconfidence, where we believe that our abilities and knowledge are superior to what they actually are. When we are in a positive emotional state, such as feeling confident or happy, we tend to overestimate our chances of success and underestimate the risks involved. This can lead to excessive betting and poor decision making. For example, if you are on a winning streak and feeling overconfident, you may ignore important information or ignore warning signs that indicate a potential loss.


Fear and Anxiety: can paralyze our decision-making process. When we feel anxious, we may become overly cautious and hesitant, and miss potentially profitable opportunities. For example, if you are worried about losing, you may hesitate to place a bet even when the odds are in your favor. Conversely, fear can also push us to make rash decisions, such as chasing losses or betting on long shots out of desperation.

Emotions play an important role in influencing your betting decision-making process. Being aware of the impact of our moods and actively working to regulate them can dramatically improve our choices. By avoiding rash decisions driven by emotional highs and lows, guarding against overconfidence bias, and finding a balance between caution and risk, we can enhance our chances of success in betting.

How do we regulate our emotions while betting and how important is it?

It is the idea of using a bigger bankroll to bet and one would win big that has made lots of gambler used almost all their money to bet. But they fail to understand that the people who use this strategy in betting are financially stable, and they can get back that money in a day without working for it. They have built a financial structure or business so they do not fear to spend such amount on gambling knowing full well it will be replenished in a matter of time.

For someone who just started gambling. Gambling with cautiousness that he has little and do not know all the basics of gambling, he is supposed to use little bankroll to gamble if not he would end up giving everything he had and if there is no backup or source of money flow, he will have no other choice than to be in debt till he gets on his feet again.

Emotions play an important role in influencing your betting decision-making process. Being aware of the impact of our moods and actively working to regulate them can dramatically improve our choices. By avoiding rash decisions driven by emotional highs and lows, guarding against overconfidence bias, and finding a balance between caution and risk, we can enhance our chances of success in  betting.

How do we regulate our emotions while betting and how important is it?

As long as we can learn and practice self control in many activities, we will get used to it and will not have difficulty to used self control in gambling. We can prevents the big lose while we also not deposit more money because we understand that can leads us to keeps playing gambling. We needs to be wise depositing the money for playing gambling as we have a reason to  stay away from the big lose. Yes, deposit only the amount that we can afford to lose is the recommendation for every gambler so they will not break their rules to control their gambling activity. If you can always stick to your rule by always limiting the money in gambling, you will not experiences the lose that can be bigger. You will have a chance to enjoy the games while you don't thinks much of the wins as the wins is not your target when you playing gambling but you only wants to have fun.

I think having discipline in betting is more important than actual win or loss in betting. One cannot always win betting but when if one is doing responsible gambling, he will surely not lose his capital.
One idea can be to deposit less in betting site, so that you are not tempted to put more money in the bet, that you initially thought about. Risk management needed to be follow, no matter how it is followed. 

I don't think people bet for FUN. They bet in order to make money but only if they can realize the importance of risking how much money and focus of less risk per bet, this could lead to more stable gambling income. People try to over spend in gambling because they want to become rich overnight. Getting rich schemes will only make you lose more money.
Patience is still a key factor in many activities including gambling.

As long as we can learn and practice self control in many activities, we will get used to it and will not have difficulty to used self control in gambling. We can prevents the big lose while we also not deposit more money because we understand that can leads us to keeps playing gambling. We needs to be wise depositing the money for playing gambling as we have a reason to  stay away from the big lose. Yes, deposit only the amount that we can afford to lose is the recommendation for every gambler so they will not break their rules to control their gambling activity.

If you can always stick to your rule by always limiting the money in gambling, you will not experiences the lose that can be bigger. You will have a chance to enjoy the games while you don't thinks much of the wins as the wins is not your target when you playing gambling but you only wants to have fun.

I agree with you sometimes bringing your problems to the casino could facilitate greed, when someone is in dare need of money a d visits the casinos , Chances are thst they may most likely get to gamble more than usual with the hopes of been able to make enough money to cover up fo the bills they're to offset after they leave the casino, some of them actually get lucky and a vast majority end up loosing even the little they had before they visited the casino. Gambling desperately for the sake of trying to raise funds makes you too attached to the game and can in some cases get emotional and this is definitely going to affect your gambling decisions and that's why you most likely wouldn't gamble better in such State.

Gambling for fun is just the best way of gambling nd if you find out you need money so badly to fix up something then it's better not to gamble and look for other means because the chances you get the money you need from the casinos are almost close to not been there at all.

Yes, self control is the key if we want to enjoy our gambling. It's not only about self control during your gambling section, but when you are making your deposit too. Don't deposit too much thinking you can win more with that. Deposit only the amount which you can afford to lose. Then you can even forget about self control during playing, relax and just enjoy the experience, because even if you'll lose all your bankroll, it will something that you can afford to lose.

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Strategies are very important in gambling but then it's of a fact that they don't guarantee winnings they only help increase your chances of possibly winning they can never be a guarantee to the fact thst you will win, this is why some persons would rather be luck dependent than wanting to apply strategies ~

Once a gambler has a misconception from the first place then he has completely lost the idea about gambling and how he is been expected to go about it, you cannot compare someone who is coming to gamble only for the sake of having fun to someone who is desperately in need of money and thinks he could actually earn from gambling, they both have different ideology and will have have same expectations with gambling.

It is almost difficult to control oneself to stop gambling and most people who are addicted will find it difficult to control their involvement in gambling. Most people are only able to give advice, but the person who plays a bigger role in stopping gambling is ourselves. Other people's encouragement is only encouragement and if we ourselves have no intention of stopping then there will be no effect. Emotions will run high when addicted gamblers experience defeat and they will try to bet again because they think they can get victory.

In fact, if you look further, to recover their losses, they actually have to stop because there is no chance of winning on the next bet. Even if there is, it's only a small part due to luck and most of it will end in another defeat.

That's right, basically everything depends on how they understand from the start about gambling, if for example from the start they see and respond to gambling as a place to earn income then obviously no matter how hard you tell them and advise them to gamble just for entertainment or fun then they won't. would ever want to hear advice like that, in the end they would stick to their own beliefs from the start. And on the other hand, basically they will definitely be able to carry out several actions that are recommended, such as gambling just for fun and also by implementing many restrictions on their gambling activities if from the start they have a correct and precise understanding of gambling, such as understanding that gambling is nothing more than a probability activity that only provides "possibility" and not "certainty", and this is also the reason why gamblers who have entered the addiction phase are difficult to cure.

Many people can attribute good or bad strategies, the game for many is based on strategy plus luck, in fact I am one of those, but I have also read here many Players who I Consider experts who have the idea that strategies are not efficient for him but when you play because Everything is based on mere luck , and although I repeat your point of view I do not agree, I have always looked for many strategies for all types of games, even for the slot machines themselves, that everything is given to luck, There are also strategies, you have to have a Strategy even to Know when you should make or increase a bet, this is not something that does not happen that way, it is something that is Learned , it is something that can be called a strategy, that is why the Strategies for They are Important to me when Making the decision to play.

~ If we wants to feels joy of playing gambling, we must have limitations so we don't feels any regrets when we lose although that will makes us sad because of losing the money. But our losing is something that we can afford because we already knows the risk of playing gambling. That's why we must have self control or learns about self control so we don't have to gets the bad experiences and we can enjoy playing gambling and knows how to treats gambling.

Once a gambler has a misconception from the first place then he has completely lost the idea about gambling and how he is been expected to go about it, you cannot compare someone who is coming to gamble only for the sake of having fun to someone who is desperately in need of money and thinks he could actually earn from gambling, they both have different ideology and will have have same expectations with gambling.

First of all, I am saying that gambling is for entertainment. Those who take gambling as entertainment can make good decisions in gambling and those who use gambling as a means of earning money cannot control themselves in gambling.

There are factors that really makes it more difficult for people to control their emotions when they are already playing or in an actual situation,  easy to say that if you can control yourself then you are good to go but the actual execution of that is something that really tough to process especially when you are either in a winning streak or on a losing streaks,  quitting is questionable as there are multiple emotions that keep pushing you to continue playing.

Only few experienced gamblers who can actually practice this type of setup, those who can completely dictate whatever happens they need to follow whatever strategy they create before entering the game.