I won $50 on a sportsbet a few days ago but I didn't withdraw the winning dollars and later deposited $100 and lost all my dollars on a bet at the last minute.
But I have learned one thing gambling you can never be a gainer if you don't take ricks. That is, to become a professional gambler you must earn the courage to take the Risks.
Taking risk is not bad but it should be taken in the right place, there was a also saying that, no risks no gain. However, you may have already understood that it is not always profitable to take risks.
If we want to gamble, we must control our emotions, otherwise we will lose our funds continuously like this.
Gambling is not about how well you play the games, it’s really about how well you handle your money.
I find this quote very interesting because it talks about money management. It reminds me of a story I read on the internet . How a cabbage collector became rich by winning a national lottery of about £9.7M and after 10 years he became broke because he did not put the money he won into good use but squandered it on drugs, drinks, clubbing, partying and women.
If only Sitting and playing or squandering wealth once after a time the king's treasury will also be depleted, so was the case with this man. Since he earned this huge amount of money from the lottery, it was only natural that he would gamble with this money and that might have happened with some extra luxuries. And he wrote the name of the irresponsible gambler, so that was his end.
This could be a lesson for others that not only should you earn through gambling/lottery, you should also know how to protect it.