Reasons you should not gamble on too many things at once. - page 2.

South Park

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Quote from: Z390 on October 08, 2023, 08:16:58 AM

It's a complete distraction if anyone is doing this, it could be the reason why you haven't won anything yet, you are just endangering your money on the long haul, there is also a saying that you can't concentrate on two things at the same time and base on experiences so far it's surely true.

You can't always keep track of everything, even out of gambling, crypto for say, if you have too many assets in your portfolio you will lose track of the assets and maybe when a switch of chain is happening you may never even know, I lost my favorite gem because of this days ago, they move to their Main net and they have limited time to claim the new coin from the old tokens, I missed out and end up with worthless tokens.

Too much of everything seems bad in general, and you will be exposed to unbearable stress and possibly anxiety, it's not worth it, stick with a game and you will be able to stay up to necessary information that will help you on how to bet right on the games.

While you are correct on your assessment when it comes to trading, as I have always thought that having too many coins in your portfolio will make very difficult to keep track of all of them, but when it comes to gambling I do not agree, as the main purpose of gambling is to relax yourself and to obtain some fun, this is like going to the amusement park and instead of getting a ride in the many different games you just choose to ride one during your whole stay there, and to me that is a waste as you are forcefully limiting yourself for no reason at all.

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Quote from: Crypt0Gore on October 08, 2023, 04:07:23 AM

It's pure greediness when people use this type of method in gambling, they want to win by force and they lack the wisdom that doing so is exposing themselves to more risks, if gambling as less risks then this is a good method but gambling is mostly about how much you are willing to lose, because losing is more assured.

You cant generalize that those people who are betting on some different sports as pure greediness.
Which one is greedier, the one who place big bets in single bet or the one who place smaller different bets?
I wont say one of them is greedier than the other one because I have no idea the real situation of both sides, as it can be part of their own strategy while gambling.
I will say one of them is greedy if I know them personally, if I know how she/he deal with his gambling activity.

Quote from: Crypt0Gore on October 08, 2023, 04:07:23 AM

Some people place bets on multiple marches like in sports bets, and most times they almost win but because they add up too many matches one single game will destroy the whole ticket they have, I have seen this happening too many times and to me it's just complete greed, they want to win a certain amount of money in the shortest period.

I believe you are talking about parlay/multi bets, nothing wrong with it and it has nothing to do with greed, again it is a strategy to play.
Those who have small bankroll like me do like to play multi bets to get higher possible multiplier but we are ready with the consequence before placing the bets.

Ever-young

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Too many casino or not, if you have self discipline over the amount of money that you want to spend in a day their is nothing that gambling in different casino is going to change, unless when you don’t have a gambling spent target that’s when you will suffer a large loss as a result of using more than you have budgeted for.

If I’m gambling only in casino one and I have about $100 set aside just for gambling, and I use them all for all the available games which I see winning opportunities with, and I have made my wager with my winning wagering amount, yet I still have some money left which I have scheduled to use that very day, and I happen to come across another reputable casino which have some favorable option too which I will like to bet on, what will stop me from taken my money their and making my betting with them.

It’s not about how many casino if you choose the rights ones which won’t steal your deposit and you have the right self discipline you have nothing to worry about.

Z390

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It's a complete distraction if anyone is doing this, it could be the reason why you haven't won anything yet, you are just endangering your money on the long haul, there is also a saying that you can't concentrate on two things at the same time and base on experiences so far it's surely true.

You can't always keep track of everything, even out of gambling, crypto for say, if you have too many assets in your portfolio you will lose track of the assets and maybe when a switch of chain is happening you may never even know, I lost my favorite gem because of this days ago, they move to their Main net and they have limited time to claim the new coin from the old tokens, I missed out and end up with worthless tokens.

Too much of everything seems bad in general, and you will be exposed to unbearable stress and possibly anxiety, it's not worth it, stick with a game and you will be able to stay up to necessary information that will help you on how to bet right on the games.

Altryist

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Quote from: trendcoin on October 07, 2023, 06:53:03 PM

It makes a lot of sense to concentrate on one sport instead of many different sports. I take this approach a step further and often focus on just one league. It is not easy to keep track of injured and suspended players. Also, it's not easy to keep track of the current performance of the players. However, I think I can get better results if I focus on one sport and one league, or at most a few leagues, and that's what I do...

You can first take several leagues and do some kind of test period, let it be a test period for minimum bets, just to understand which leagues are more comfortable for you to make predictions, and after that you can leave a few, maybe two or one championship in which you will play. This is a good strategy, I also came to this a long time ago. I can also sometimes practice new strategies that I come up with at other championships, but this can even be practice without real bets, the most important thing is to check how successful it can be and where I make mistakes.

uswa56

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Quote from: trendcoin on October 07, 2023, 06:53:03 PM

It makes a lot of sense to concentrate on one sport instead of many different sports. I take this approach a step further and often focus on just one league. It is not easy to keep track of injured and suspended players. Also, it's not easy to keep track of the current performance of the players. However, I think I can get better results if I focus on one sport and one league, or at most a few leagues, and that's what I do...

Placing bets on only one sport will make it easier for us to choose which team we will place a bet on and will be more likely to win the bet. In my opinion, choosing not to bet a lot on many things can prevent us from becoming addicted to gambling. It would be much better if we were addicted to gambling so that we had financial problems.

Crypt0Gore

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It's pure greediness when people use this type of method in gambling, they want to win by force and they lack the wisdom that doing so is exposing themselves to more risks, if gambling as less risks then this is a good method but gambling is mostly about how much you are willing to lose, because losing is more assured.

Some people place bets on multiple marches like in sports bets, and most times they almost win but because they add up too many matches one single game will destroy the whole ticket they have, I have seen this happening too many times and to me it's just complete greed, they want to win a certain amount of money in the shortest period.

Place your bet on one match, you will make less money if you win but you have killed all the unnecessary risks of betting on more than one match, it makes not much sense in gambling since it's all about luck.

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It makes a lot of sense to concentrate on one sport instead of many different sports. I take this approach a step further and often focus on just one league. It is not easy to keep track of injured and suspended players. Also, it's not easy to keep track of the current performance of the players. However, I think I can get better results if I focus on one sport and one league, or at most a few leagues, and that's what I do...

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Quote from: Smartvirus on October 07, 2023, 06:23:18 PM

Also, multi sport gambling could as well confine you to a sport you’re well knowledgeable of after several testing on it. But,
No matter what the case might be, your more likely to spend more money gambling and more loses too.

It depends. On the other hand, these bettors might spending more money in the process but if they won, they will also win more money.

As long as their bets are not a product of just a random tipsters around and they really have knowledge on that game, it's good to consider placing multi bets.

There are bettors who are really an enthusiast of doing that. The fact that they want that, means they might have a good experience on doing that.

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In addy to those, It can be challenging to stay properly informed and make the right decisions when gambling on too many sports, as you’re likely going to have less effective betting strategies.

Also! Managing bets on too many sports can be emotionally draining as constantly monitoring multiple games can lead to stress and anxiety.

Even merely researching and keeping up with various sports events takes time, and it can be a significant time investment, affecting a lot of things you could have done with your time.

Smartvirus

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Quote from: Stepstowealth on September 26, 2023, 02:20:44 PM

If you have the habit of playing and gambling on different sports and game, I think it is not good because of some few reasons like;
YOU WILL SPEND MORE MONEY ON GAMBLING.
YOU CAN BECOME MORE EASILY ADDICTED THAN A GAMBLER WHO PLAYS ONLY ONE GAME.
YOUR CHANCES OF LOOSING WILL INCREASE, BUT YOUR CHANCE OF WINNING MAY NOT INCREASE.
YOU WILL SPEND MORE TIME GAMBLING.

For some reasons, I’ll like to think that there are those that feels otherwise (for the record, I don’t practice gambling on several sports; except the accumulation bet counts as several sports which i think would be a misconception).

I have gone through few reasons why people diversify in investment and one of those was based on having failures in one investment been compensated for by the profits from other investments.
Now, that’s the idea that follows multi sports gambling for others. You can’t have this in an accumulator bet as, a wrong prediction in one game flaws the whole bet except, where options for a compromise was given.

Also, multi sport gambling could as well confine you to a sport you’re well knowledgeable of after several testing on it. But,
No matter what the case might be, your more likely to spend more money gambling and more loses too.

goinmerry

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Quote from: Stepstowealth on September 26, 2023, 02:20:44 PM

If you have the habit of playing and gambling on different sports and game, I think it is not good because of some few reasons like;
YOU WILL SPEND MORE MONEY ON GAMBLING.
YOU CAN BECOME MORE EASILY ADDICTED THAN A GAMBLER WHO PLAYS ONLY ONE GAME.
YOUR CHANCES OF LOOSING WILL INCREASE, BUT YOUR CHANCE OF WINNING MAY NOT INCREASE.
YOU WILL SPEND MORE TIME GAMBLING.
Which other reason?

I don't think that's a bad practice since what if the said bettor knows all those sports in different matches? If they spend more time and money on gambling is none of our business anymore. What if they are having a good run with that kind of habit? What if placing bets on different sports is effective to them?

I understand that you are just concerned if they lose but gambling is really like that and you have to live with it.

Do your best not to lose is my best advice while keeping as a responsible bettor at all times.

wheelz1200

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Those are pretty obvious in terms of spending more money spending more time. But the one reason I don't like betting too many things because you tend to not prepare or look up everything you need to, to make the best decision. More just gut feelings which tend to lead to much more losses, at least for me it does.

Hispo

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The biggest reason I think one should not set several bets at the same time or gamble on several machines at the same time, it is because it makes it easier to lose track on one's losses and wins. In short, it makes money to go away faster, perhaps for the sake of more thrill, but I would not recommend it for the average gambler who has a relatively medium sized budget to control.

I have only read about an especific case of a notable gambler in Las Vegas, who liked to play video poker on three machines at the same time. The Las Vegas massacre shooter.

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Quote from: rhomelmabini on October 07, 2023, 06:53:28 AM

Quote from: Jemzx00 on October 06, 2023, 06:20:48 PM

It's always that one game for every gambler out there where you can easily get hook on and addicted. I personally played multiple casino games and even sports betting but I never get addicted to most of it except one which is Dice. It's not about the number of games you play on but rather on how one can control oneself on their bets. Naturally, chasing profits is one of the recipe for gambling addiction but with the right discipline you can aim for profits but not be greedy to it.

For me that's where addiction really comes from and not by playing on different games. I play lot of games but sports betting to me this time is what I focus on but I know myself that I'll get not addicted to it as long as I control what I can bet or afford to lose. I definitely agree on that greediness for a profit, nothing can really beat that when it comes to addiction.

Gambling addiction usually hit when you get hook to one game whether you're losing or winning as it tends to drive your emotions and be tempted to bet more and when you do, that's when you start to bet more and more and lose control.
I actually bet mainly for profit but also for fun as well however I always know when to stop specially when losing and end my session whether I lose or not.

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Quote from: Stepstowealth on September 26, 2023, 02:20:44 PM

If you have the habit of playing and gambling on different sports and game, I think it is not good because of some few reasons like;
YOU WILL SPEND MORE MONEY ON GAMBLING.
YOU CAN BECOME MORE EASILY ADDICTED THAN A GAMBLER WHO PLAYS ONLY ONE GAME.
YOUR CHANCES OF LOOSING WILL INCREASE, BUT YOUR CHANCE OF WINNING MAY NOT INCREASE.
YOU WILL SPEND MORE TIME GAMBLING.
Which other reason?

There are various types of games in online gambling and it is impossible for you not to have the intention to try other games, but you must avoid gambling with capital that exceeds your limit. i also often experience winning in other games when i lose in one type of game, so i don't find that playing many games in gambling is a mistake.

In fact, people who are addicted to gambling usually only focus on playing one type of game, for example in slot or card games, so you have to try playing other games when you lose in one type of game.

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Quote from: cheezcarls on October 07, 2023, 08:02:26 AM

Quote from: Stepstowealth on September 26, 2023, 02:20:44 PM

If you have the habit of playing and gambling on different sports and game, I think it is not good because of some few reasons like;
YOU WILL SPEND MORE MONEY ON GAMBLING.
YOU CAN BECOME MORE EASILY ADDICTED THAN A GAMBLER WHO PLAYS ONLY ONE GAME.
YOUR CHANCES OF LOOSING WILL INCREASE, BUT YOUR CHANCE OF WINNING MAY NOT INCREASE.
YOU WILL SPEND MORE TIME GAMBLING.
Which other reason?

Moderation is the key against gambling addiction. When you kept on winning, you’ll likely get addicted to bet more money into it. Always set a strict budget limit that you can afford to lose and do not go beyond that.

I admit that I’ve been like that before mostly in sports betting, especially parley mode. In the end, I almost lost all of it as I was kinda greedy that time.

It is already given in the world of gambling that your chances of losing are far greater than winning. You must really accept and acknowledge this one as well as the risks you are taking. Only bet an amount that you can afford to lose and not going all-in.

That's true because with moderation, we can prevent placing bets continuously and will stay within the budget limit that we have set. We will remember that we cannot win continuously in gambling but will experience losses too. And this loss will be even greater if we don't have self-control because we will be tempted to continue gambling, whatever the outcome.

And by knowing the risks we will accept, we will be more careful in spending money on gambling. And we also will not chase victory where it will be difficult to obtain. We can only try to gamble in moderation and stop once we have had enough.

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Quote from: cheezcarls on October 07, 2023, 08:02:26 AM

Quote from: Stepstowealth on September 26, 2023, 02:20:44 PM

If you have the habit of playing and gambling on different sports and game, I think it is not good because of some few reasons like;
YOU WILL SPEND MORE MONEY ON GAMBLING.
YOU CAN BECOME MORE EASILY ADDICTED THAN A GAMBLER WHO PLAYS ONLY ONE GAME.
YOUR CHANCES OF LOOSING WILL INCREASE, BUT YOUR CHANCE OF WINNING MAY NOT INCREASE.
YOU WILL SPEND MORE TIME GAMBLING.
Which other reason?

Moderation is the key against gambling addiction. When you kept on winning, you’ll likely get addicted to bet more money into it. Always set a strict budget limit that you can afford to lose and do not go beyond that.

I admit that I’ve been like that before mostly in sports betting, especially parley mode. In the end, I almost lost all of it as I was kinda greedy that time.

It is already given in the world of gambling that your chances of losing are far greater than winning. You must really accept and acknowledge this one as well as the risks you are taking. Only bet an amount that you can afford to lose and not going all-in.

I absolutely agree with the statement that moderation is one of the methods that can be taken to avoid addiction, they must really be able to see what actions they should take to minimize the amount of loss and not end up with addiction. Of course when they get more than one win for example then it is very likely that greed will appear, basically those who are already addicted will never feel enough with the results they have got, they always assume that "there are bigger chances so I have to increase the amount of bets", are you really sure and what convinces you? You are too sure of the obvious expectations - obviously it's just your feelings. it is real greed and they will not stop until maybe all the money they have won back is used up at the same time.

Almost everyone (gamblers) will say statements like this according to what they have experienced, like you and I have also experienced it. Parlay is very profitable, but that's also if you win, if you lose, it's all gone and you're really unlucky at that time. Obviously, the percentage of wins is much lower than losses, that means you can only get one win at the expense of dozens of defeats, just try to calculate it must be still greater the amount of your losses. That's all.

cheezcarls

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Quote from: Stepstowealth on September 26, 2023, 02:20:44 PM

If you have the habit of playing and gambling on different sports and game, I think it is not good because of some few reasons like;
YOU WILL SPEND MORE MONEY ON GAMBLING.
YOU CAN BECOME MORE EASILY ADDICTED THAN A GAMBLER WHO PLAYS ONLY ONE GAME.
YOUR CHANCES OF LOOSING WILL INCREASE, BUT YOUR CHANCE OF WINNING MAY NOT INCREASE.
YOU WILL SPEND MORE TIME GAMBLING.
Which other reason?

Moderation is the key against gambling addiction. When you kept on winning, you’ll likely get addicted to bet more money into it. Always set a strict budget limit that you can afford to lose and do not go beyond that.

I admit that I’ve been like that before mostly in sports betting, especially parley mode. In the end, I almost lost all of it as I was kinda greedy that time.

It is already given in the world of gambling that your chances of losing are far greater than winning. You must really accept and acknowledge this one as well as the risks you are taking. Only bet an amount that you can afford to lose and not going all-in.

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Quote from: Jemzx00 on October 06, 2023, 06:20:48 PM

Quote from: rhomelmabini on October 06, 2023, 04:48:43 PM

Quote from: Stepstowealth on September 26, 2023, 02:20:44 PM

If you have the habit of playing and gambling on different sports and game, I think it is not good because of some few reasons like;
YOU WILL SPEND MORE MONEY ON GAMBLING.
YOU CAN BECOME MORE EASILY ADDICTED THAN A GAMBLER WHO PLAYS ONLY ONE GAME.
YOUR CHANCES OF LOOSING WILL INCREASE, BUT YOUR CHANCE OF WINNING MAY NOT INCREASE.
YOU WILL SPEND MORE TIME GAMBLING.
Which other reason?

I think even one game that's very appealing to an individual may pose a threat to gambling addiction if not controlled. It's not because you're into lot of games that's already addiction, I even know people that only knows 1-2 gambling and yet they are addicted to it. There are lot of reasons why people goes to gambling but I think number one reason is to profit from it which is ideally wrong considering its risk involve is high.

It's always that one game for every gambler out there where you can easily get hook on and addicted. I personally played multiple casino games and even sports betting but I never get addicted to most of it except one which is Dice. It's not about the number of games you play on but rather on how one can control oneself on their bets. Naturally, chasing profits is one of the recipe for gambling addiction but with the right discipline you can aim for profits but not be greedy to it.

For me that's where addiction really comes from and not by playing on different games. I play lot of games but sports betting to me this time is what I focus on but I know myself that I'll get not addicted to it as long as I control what I can bet or afford to lose. I definitely agree on that greediness for a profit, nothing can really beat that when it comes to addiction.

Topic: Reasons you should not gamble on too many things at once. - page 2. (Read 1159 times)