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Topic: management of risk and money on gambling - page 6. (Read 2305 times)

legendary
Activity: 1344
Merit: 1000
The risk management I apply in gambling is to bet with money I can afford to lose. It doesn't matter even if I lose, I will treat gambling as some form of entertainment. You will surely lose if you treat gambling as a form of earning money.
full member
Activity: 154
Merit: 100
No Gambling is not just for fun becaus i put on it my bitcoins no metter how i get them ... when i start gambling i know its risk So im gambling to win small amount of btc becaus with gambling no one get rich)
legendary
Activity: 3374
Merit: 3095
BTC price road to $80k
Yeah right gambling is for fun.. honestly i gamble sometimes to have fun also trying my like and maybe i can hit a big amount of profit if i am lucky..
I have my own management im not so addicted to gambling i am thinking for my future that's why i can control when is the time to gamble..
We are not the same but almost all addicted in gambling are the same.
hero member
Activity: 1638
Merit: 756
Bobby Fischer was right
Probably the common knowledge but always good to incorporate this in to your risk assessment strategy:
The most important thing about gambling is to remember not to put all the eggs in one basket. For example, there are 38 straight-up numbers to pick from in roulette. Also, there are many outside best. So, instead of putting all the money on one number a smart player always spreads his bets.
In addition there are plenty of games to pick from. So, in the course of an evening, a casino player should try many different bets in many different games.
hero member
Activity: 770
Merit: 500
Bazinga!
you should always practice risk management and also money management because money is involved and if you don't want to get sucked into the gambling hype and lose everything you should do it. for example i always manage my money by setting a fixed amount for different things like putting 0.05BTC for gambling 1BTC for trading, and many more.
sr. member
Activity: 252
Merit: 250
i dont think so that gambling is just for the fun. if you remove the factor of money from gambling there will be no fun in gambling any more. i think it is a fun when people are winning money in gambling other wise when people are loosing then there remian no fun and feeling bore.
legendary
Activity: 1554
Merit: 1014
yes I gamble just for fun and I put free money to gamble, so I am ready to accept any risk. and I do not play every day as well, I play when I have a free bitcoin.
full member
Activity: 210
Merit: 100
Gambling is just for fun and game to me no more, but even if it is just game and for fun i always apply management of risk and money. And i always play gambling with i can lost it. And i don't play gambling every days.
Do you apply same something what i have doing or you are very can not control your self? Share your opinions at here.
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