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Topic: MY gambling strategy to limit loss and make btc - page 11. (Read 6815 times)

legendary
Activity: 3542
Merit: 1352
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Personally, I think that it's kind of a waste of time since you're only playing for pennies in a span of time while on the other hand, you can do other meaningful jobs and get paid for the work you've done. Most people say gambling would never be profitable because they are afraid to take the time to study the risks accompanied to it. Also, since the advent of bitcoin, many people seemed to hop on luck-based games and get a losing streak, blaming the whole industry of gambling afterwards.

It's a nice strategy, yes, if played with big amounts. But again, personally, I think it is just a waste of your precious time gambling pennies.
newbie
Activity: 42
Merit: 0
You have the right idea - if there's any way to win money in gambling(which there basically isn't, consistently anyway) then this is close to it, the problem is as others have said that house edge means that overall your initial bet will just disappear.
sr. member
Activity: 296
Merit: 250
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My strtegy is very simple. It is called self control. i strt with .01 anytime i get  more than .001 over that amount i immidieately withdraw that ammount into coinbase. this way, i cant get cocky and gamble away huge orofits! Ehat are you guys opinions on this strat

your plan is good but you still can lose a lot, i would take what i won after  i have 50% more than i started with, so i would also earn more
hero member
Activity: 756
Merit: 520
the most important thing that we can control ourselves, but it is sometimes difficult to control greed, especially when we are in the condition to win, it's hard to stop and wanted to continue to get more. also the amount that is not too much of it is a good thing in the game of gambling.
But it is harder to stop in gambling when you are already losing big and you have the money available for you to bet. Even if the money is not intended for gambling but you have that in your hands you will be tempted to gamble that amount.
That's true, yes we all want to win in gambling, but the thing is, we cannot win all the time. And for us to stay away or not to become addicted in it just be contented of what we have right now. Yes it is so much fun when we win in gambling, but it is also bad if we lose all our money. So think twice before using your personal savings.

All related about gambling regarding victory, surely it is very dangerous for those who can't control themselves. For if they are already getting the victory a few bets, sure they will give greed a whisper and we should be able to avoid the whisper, if not then we will experience addiction and a huge defeat.
hero member
Activity: 980
Merit: 500
the most important thing that we can control ourselves, but it is sometimes difficult to control greed, especially when we are in the condition to win, it's hard to stop and wanted to continue to get more. also the amount that is not too much of it is a good thing in the game of gambling.
But it is harder to stop in gambling when you are already losing big and you have the money available for you to bet. Even if the money is not intended for gambling but you have that in your hands you will be tempted to gamble that amount.
That's true, yes we all want to win in gambling, but the thing is, we cannot win all the time. And for us to stay away or not to become addicted in it just be contented of what we have right now. Yes it is so much fun when we win in gambling, but it is also bad if we lose all our money. So think twice before using your personal savings.
hero member
Activity: 546
Merit: 500
A easy way to save from gambling is to avoid it. But since its very simple its actually the most difficult for people to do this. Since they have made their life so complex that they like to make simple things difficult and then keep solving it.

If you can't take the risk, then simply don't gamble. Besides nobody is forcing you nor stopping you from gambling, and I consider this is part of our everyday lives since the choices we make have benefits and consequences, and thus our outcomes affects our choices.

Exactly... He is talking about how to limit your losses when gambling and not by stop gambling. I find this method (gambling in sessions with a goal in mind) effective enough for that purpose.
hero member
Activity: 840
Merit: 1000
A easy way to save from gambling is to avoid it. But since its very simple its actually the most difficult for people to do this. Since they have made their life so complex that they like to make simple things difficult and then keep solving it.

If you can't take the risk, then simply don't gamble. Besides nobody is forcing you nor stopping you from gambling, and I consider this is part of our everyday lives since the choices we make have benefits and consequences, and thus our outcomes affects our choices.
sr. member
Activity: 756
Merit: 294
My strtegy is very simple. It is called self control. i strt with .01 anytime i get  more than .001 over that amount i immidieately withdraw that ammount into coinbase. this way, i cant get cocky and gamble away huge orofits! Ehat are you guys opinions on this strat

To be honest, .01 bankroll is not really that fun to play with but with your discipline of your system by withdrawing when you profit to .001 is good. As long as you follow your system, you are good. I am really a big advocate of creating system and sessions in betting.

.001 profit though is not a very encouraging, my ideal target profit a day is minimum .01. If I got lucky, I go to .1 but in unlucky days, sometimes I loss more than that Smiley But, really, I am now recovering..
legendary
Activity: 1232
Merit: 1000
My strtegy is very simple. It is called self control. i strt with .01 anytime i get  more than .001 over that amount i immidieately withdraw that ammount into coinbase. this way, i cant get cocky and gamble away huge orofits! Ehat are you guys opinions on this strat
that is a very good thinking. i think through this you can minimize your lost up to some extent. i am also thinking to make such a strategy for my self so that i can also minimize my lost.

Self control is really the best strategy in gambling because if you have self control and discipline you know that gambling is going to lose all your money if you are not going to control yourself.

But if you are going manage it properly and going to control yourself then you know your limits and going to make bitcoins out of it.
Sometimes we all need discipline when playing gambling but we always fail to do it, because our emotions are too powerful to dictate us that we really want to bet again and again. But if you are just a small bettor I guess it is just fine to bet. Just make limitation to yourself.
the most important thing that we can control ourselves, but it is sometimes difficult to control greed, especially when we are in the condition to win, it's hard to stop and wanted to continue to get more. also the amount that is not too much of it is a good thing in the game of gambling.
But it is harder to stop in gambling when you are already losing big and you have the money available for you to bet. Even if the money is not intended for gambling but you have that in your hands you will be tempted to gamble that amount.
yes and therefore I say, self-control is very important. but the fact is hard if you're in a situation like that.
I have lost a lot of money on gambling, but I do not like it, I am easy to stop and play again, because I play with the free bitcoin and for having fun, also never thought to recover any losses.
legendary
Activity: 3010
Merit: 1460
A easy way to save from gambling is to avoid it. But since its very simple its actually the most difficult for people to do this. Since they have made their life so complex that they like to make simple things difficult and then keep solving it.

But why would you avoid something that you like doing? If you deny your impulses, you deny what makes you human. I think it is ok to gamble but follow a strategy to avoid or make risk taking smaller.
hero member
Activity: 700
Merit: 500
A easy way to save from gambling is to avoid it. But since its very simple its actually the most difficult for people to do this. Since they have made their life so complex that they like to make simple things difficult and then keep solving it.
legendary
Activity: 3248
Merit: 1160
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My strtegy is very simple. It is called self control. i strt with .01 anytime i get  more than .001 over that amount i immidieately withdraw that ammount into coinbase. this way, i cant get cocky and gamble away huge orofits! Ehat are you guys opinions on this strat
that is a very good thinking. i think through this you can minimize your lost up to some extent. i am also thinking to make such a strategy for my self so that i can also minimize my lost.

Self control is really the best strategy in gambling because if you have self control and discipline you know that gambling is going to lose all your money if you are not going to control yourself.

But if you are going manage it properly and going to control yourself then you know your limits and going to make bitcoins out of it.
Sometimes we all need discipline when playing gambling but we always fail to do it, because our emotions are too powerful to dictate us that we really want to bet again and again. But if you are just a small bettor I guess it is just fine to bet. Just make limitation to yourself.
the most important thing that we can control ourselves, but it is sometimes difficult to control greed, especially when we are in the condition to win, it's hard to stop and wanted to continue to get more. also the amount that is not too much of it is a good thing in the game of gambling.
But it is harder to stop in gambling when you are already losing big and you have the money available for you to bet. Even if the money is not intended for gambling but you have that in your hands you will be tempted to gamble that amount.
hero member
Activity: 826
Merit: 1000
Sorry bro but your this strategy will also fail there is no strategy which works in gambling.Not always you will be able to make 0.001btc from 0.01btc.When you go from 0.01 to 0.009btc then what will you do may be gamble more and then loose all.
legendary
Activity: 1232
Merit: 1000
My strtegy is very simple. It is called self control. i strt with .01 anytime i get  more than .001 over that amount i immidieately withdraw that ammount into coinbase. this way, i cant get cocky and gamble away huge orofits! Ehat are you guys opinions on this strat
that is a very good thinking. i think through this you can minimize your lost up to some extent. i am also thinking to make such a strategy for my self so that i can also minimize my lost.

Self control is really the best strategy in gambling because if you have self control and discipline you know that gambling is going to lose all your money if you are not going to control yourself.

But if you are going manage it properly and going to control yourself then you know your limits and going to make bitcoins out of it.
Sometimes we all need discipline when playing gambling but we always fail to do it, because our emotions are too powerful to dictate us that we really want to bet again and again. But if you are just a small bettor I guess it is just fine to bet. Just make limitation to yourself.
the most important thing that we can control ourselves, but it is sometimes difficult to control greed, especially when we are in the condition to win, it's hard to stop and wanted to continue to get more. also the amount that is not too much of it is a good thing in the game of gambling.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
There is no gambling strategy to win BTC forever, the best is to stay away from gambling.

That's not what this topic about. It's exactly about a "gambling strategy" it's rather about "saving your money strategy" or "limit loss strategy". But in general I agree with what you've said.
hero member
Activity: 980
Merit: 500
My strtegy is very simple. It is called self control. i strt with .01 anytime i get  more than .001 over that amount i immidieately withdraw that ammount into coinbase. this way, i cant get cocky and gamble away huge orofits! Ehat are you guys opinions on this strat
that is a very good thinking. i think through this you can minimize your lost up to some extent. i am also thinking to make such a strategy for my self so that i can also minimize my lost.

Self control is really the best strategy in gambling because if you have self control and discipline you know that gambling is going to lose all your money if you are not going to control yourself.

But if you are going manage it properly and going to control yourself then you know your limits and going to make bitcoins out of it.
Sometimes we all need discipline when playing gambling but we always fail to do it, because our emotions are too powerful to dictate us that we really want to bet again and again. But if you are just a small bettor I guess it is just fine to bet. Just make limitation to yourself.
hero member
Activity: 756
Merit: 520
There is no gambling strategy to win BTC forever, the best is to stay away from gambling.

Haha, yup gambling diddalam 100% there is no way for a safe strategy and get great benefits. It all depends on how you do the gambling and how you think of gambling, gambling is very complicated and strict in providing benefits to all gamblers. so you gotta extras in manifesting your dreams for profit
hero member
Activity: 770
Merit: 500
That is good self control, but i prefer you to bet it in sports bets, not on dice, i already experienced 90% win chance and loose in the first bet many times. haha, but in sports bet, the risk is really kinda low.

So you think people will male more with sport bets ? 90% is very good. I still haven't done betting yet I'm waiting to fatherosome extra bitcoin. Hopefully I will be good at it. Or at least better than gambling ^^
member
Activity: 112
Merit: 10
There is no gambling strategy to win BTC forever, the best is to stay away from gambling.
hero member
Activity: 658
Merit: 500
Mine i wasnt thinking on how much i loss a day. What im setting is my win. I mostly set  my winning into $45 a day and after I reach that I wont play that day and go back tommorow to play again.

That is good that you have a limitations to yourself when playing but do you really always win? like $45 a day? because all I know is that not all the time you can win in gambling, and sometimes even one time of winning is not happening.
got curious about that sir 45$ a day not a bad winning per day maybe sir shin have an amazing strategy in doin that might be better to share it here as well I want to win that as of now I only win like the op 10% of my capital then quit right away don't want to be trapped inside the house.
That was also a good thinking @arseaboy, after winning you immediately stop playing. Because not all people like you, after winning they will actually bet again and again until their winnings will also gone. Don't expect too much in gambling that you will also earn $45 a day. It is much better that you just stick of what you are doing. Smiley
You can always win that $45 in a day but then again ti comes back to how much bankroll do you have and how much you can afford to lose, both are important to win in gambling as you cannot expect to win big amount with a little bankroll.

yeah, both are important for winning at there but winning at there is not sure , there are the same chances of lose also present as that of winning, so we cannot say that with providing these both we will definitely win.
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