Responsible gambling - page 17. | Bitcointalksearch.org

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Quote from: Wiwo on January 07, 2024, 09:58:22 AM

Quote from: odunybiz on January 07, 2024, 04:13:44 AM

Taking gambling as an investment may help you manage your losses and winnings. This will help you to plan on how much money to stake with. It will also help you to avoid spending unnecessarily when you win.

Really, this is the first time I am reading something like this and at first, I was a bit amazed and wanted to get turned off but when I continued reading I saw that you have a very good point and all the while I have not thought of it that way, because if you take gambling as an investment, you will be concise in your dealings and spending at the same time, some of the things that affect many gamblers is the inability to follow lay down the principle that can help them to save their money while gambling.

But if gambling is taken as an investment, the player will be more proactive and deliberate in all that he does and as long as it making them profit it then ok.

But also fun gambling also is one thing we have to take into consideration since gambling is not a guaranteed source of income or investment.

Haha, as much as I indeed understand the angle you both are coming from, I still will not support that gambling should be seen as an investment, why, because gambling is not an investment in the first place.
Seeing and talking gambling as an investment has its pros quite alright, but if you check it, the cons are much more than the pros.

Taking gambling as an investment could also be liken to taking gambling as a business the gambler is possibly expecting to profit consistently from, this could lead to alot of gambling problems like over gambling and addiction, over gambling means that, the gambler start spending much time than necessary in gambling, which in turn can lead to addiction.

So, for me, I think it's better or best for us to always see, and take gambling for what it truly is, trying to see and take it as something it's not could be disastrous.

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Quote from: odunybiz on January 07, 2024, 04:13:44 AM

Taking gambling as an investment may help you manage your losses and winnings. This will help you to plan on how much money to stake with. It will also help you to avoid spending unnecessarily when you win.

Really, this is the first time I am reading something like this and at first, I was a bit amazed and wanted to get turned off but when I continued reading I saw that you have a very good point and all the while I have not thought of it that way, because if you take gambling as an investment, you will be concise in your dealings and spending at the same time, some of the things that affect many gamblers is the inability to follow lay down the principle that can help them to save their money while gambling.

But if gambling is taken as an investment, the player will be more proactive and deliberate in all that he does and as long as it making them profit it then ok.

But also fun gambling also is one thing we have to take into consideration since gambling is not a guaranteed source of income or investment.

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Quote from: kentrolla on January 07, 2024, 05:14:35 AM

Quote from: bayu7adi on January 05, 2024, 11:00:09 AM

I've read quite a few threads about self-control, budget management, and more in this forum. The content in these threads is indeed helpful for newcomers, but it seems like there are already too many threads like this here. Honestly, it makes me bored.

Many people tend to lose control when they experience big wins or losses. Yeah... the emotions from the mind usually influence them to become greedy or vengeful. Any limits won't be of any use, so it's basically nonsense for people like them.

Wise individuals will stay wise in gambling, and that's an advantage not many people possess. Without you teaching them to set limits, they're already doing it automatically.

We need to set a clear expectation that when it comes to gambling one person's gain is another person's loss and vice versa this we cannot plan much here when it comes to tactics but yeah the only thing which we control over here is the amount of isk which we want to take as it should only be the amount we can afford to use and if we win there should be a percentage which should be reinvested rest should be saved if we can create an strategy around it then we can conquer the emotions and act like machine.

Make yourself aware about the risks or the result then it would really be just that fine for you to gamble on which on the time that you would be having those losses then you wont really be finding yourself to be that impulsive which would be leading into that being desperate and we do know that this is really that something very not that good thing to be done by someone when dealing with gambling on which you are really that putting yourself on such great harm. Be responsible on any actions that you are making and never ever consider out gambling to be a source of income because you would really be putting up yourself on such great trouble if you do set those unrealistic approach on things and expectations towards gambling on where you do
believe that making money would really be just that easy and simple which it is really that totally opposite.

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Quote from: n0ne on January 07, 2024, 02:49:52 AM

Gambling has a lot of associated risks. Very few understand and spend as they're spending on some entertainment. Most of the time, gamblers used to feel bad for their activities after they'd lost big. Then, to recover from the loss and get back to a normal life, it takes more time. By the time the lucky survive and succeed, the rest end up losing more and more. Most don't understand gambling in the right way, which is why they lose a lot. Some realize they're on the losing side but never find a way to come out of it. Responsible gambling means spending a limited amount and having perfect data on what has been lost and the entire statistics.

Spending money on entertainment will be better than gambling if we cannot control ourselves in gambling, because when we experience a big loss in gambling it will certainly be very disappointing and we will suffer a lot of financial losses. Those who don't understand the gambling involved will of course suffer a lot of defeats and there are some people who can stop after experiencing several defeats and there are also those who keep playing so that they will experience even more defeats. What you say is very correct, those who can regulate the number of bets they play will certainly not experience many losses, because they will not continue gambling after experiencing defeat.

that's one way to spend money well, because by going on holiday we can have fresh thoughts, on the other hand, if we spend money by gambling maybe it can also be fun but it tends to only make us emotional, annoyed, and maybe make us not calm, because gambling can make emotions rise with games that may not be good which makes us annoyed with every round. Moreover, if we cannot control ourselves well, it is likely that it will make us spend more money on gambling and the results will most likely only disappoint us.

limiting your gambling budget is a must because it will prevent us from losing a lot of money, but to do that is very difficult in my opinion, because many people who gamble don't have a fixed budget, maybe it's because they don't have good self-control so they can continue gambling continuously, even though they only lose in the end, which of course makes them lose financially. If they had good self-control maybe that wouldn't happen.

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Quote from: bayu7adi on January 05, 2024, 11:00:09 AM

I've read quite a few threads about self-control, budget management, and more in this forum. The content in these threads is indeed helpful for newcomers, but it seems like there are already too many threads like this here. Honestly, it makes me bored.

Many people tend to lose control when they experience big wins or losses. Yeah... the emotions from the mind usually influence them to become greedy or vengeful. Any limits won't be of any use, so it's basically nonsense for people like them.

Wise individuals will stay wise in gambling, and that's an advantage not many people possess. Without you teaching them to set limits, they're already doing it automatically.

We need to set a clear expectation that when it comes to gambling one person's gain is another person's loss and vice versa this we cannot plan much here when it comes to tactics but yeah the only thing which we control over here is the amount of isk which we want to take as it should only be the amount we can afford to use and if we win there should be a percentage which should be reinvested rest should be saved if we can create an strategy around it then we can conquer the emotions and act like machine.

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Quote from: bayu7adi on January 05, 2024, 11:00:09 AM

I've read quite a few threads about self-control, budget management, and more in this forum. The content in these threads is indeed helpful for newcomers, but it seems like there are already too many threads like this here. Honestly, it makes me bored.

Many people tend to lose control when they experience big wins or losses. Yeah... the emotions from the mind usually influence them to become greedy or vengeful. Any limits won't be of any use, so it's basically nonsense for people like them.

Wise individuals will stay wise in gambling, and that's an advantage not many people possess. Without you teaching them to set limits, they're already doing it automatically.

Taking gambling as an investment may help you manage your lose and winnings. This will help you to plan on how much money to stake with. It will also help you to avoid spending unnecessarily when you win.

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I just wanted to put to rest the idea that maybe it's better to do exactly the opposite? I have heard that large professional casinos use AI to profile players and estimate their amount of pain - the amount of loss after which they will not return to the casino for a long time. They usually arrive moments before, offering a free dinner, some attraction not related to gambling, or even an overnight stay in a hotel. Anything to distract the gambler from losing more and going beyond the pain limit. All this so that the gambler will come back tomorrow and lose another portion of money instead of losing 10% more today and not coming back for six months. And here's my question. Doesn't following OP's advice help the casino do the work, effectively increasing the amount of money lost at the casino?

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Gambling has a lot of associated risks. Very few understand and spend as they're spending on some entertainment. Most of the time, gamblers used to feel bad for their activities after they'd lost big. Then, to recover from the loss and get back to a normal life, it takes more time. By the time the lucky survive and succeed, the rest end up losing more and more. Most don't understand gambling in the right way, which is why they lose a lot. Some realize they're on the losing side but never find a way to come out of it. Responsible gambling means spending a limited amount and having perfect data on what has been lost and the entire statistics.

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Quote from: Hirose UK on January 05, 2024, 09:36:29 PM

There are lots of threads about addiction, greed and especially being responsible gambler and always being careful.
In all existing threads there has been lot of feedback conveyed so that we can understand it and should learn from what is here, especially for new members.
This forum will always be useful for those who want to learn and take the positive side.

That's right, in this forum we can take the positive side, namely that we discuss and give input to each other regarding the impact of the actual risks of gambling and sometimes we also exchange information or share experiences that have been experienced by users of this forum with other parties. The goal is not to become greedy and addicted when gambling. For friends who are already addicted, at least reading the discussion on this forum will probably reduce it and for new members at least you can anticipate it.

Quote from: bettercrypto on January 06, 2024, 04:07:57 PM

I hope gamblers who have a gambling addiction read this, because the only gamblers who always have greed are the ones who also have a gambling addiction. Because that's why I became an addict because of being greedy.

There are people who gamble for a long time, but they cannot be said to be addicted to gambling because their lifestyle is not ruined because of gambling; they just know how to properly manage their limit on the amount they gamble. They also know how to control themselves as gamblers.

Yes, that's right, by reading every discussion about the impact of the risks of gambling, people who are addicted can start to become aware and reduce their greed in gambling and not play excessively. For example, your experience of gambling addiction can motivate friends here who gamble to always maintain good control.

Yes, it could be that the person only gambles as entertainment and he is well aware that he only wants to gamble when he has free time or maybe he is bored so the way to entertain himself is by gambling, so he can limit his time and bets and most importantly he can control himself. and don't become an addict.

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Quote from: Odusko on January 05, 2024, 04:52:46 PM

Many of us have learn a couple of lessons from other people comment and even apply some suggestions that have helped us to adjust our overall gambling experience till this very moment, so being lazy will only increase one chances to slide into troubles instead of avoiding them by following a set rules and regulations.

Those who take time to learn first to become aware of what to expect in gambling can prevent themselves becoming out of control since they know the risk of using their money in gambling. The reason why it's important that you know what you are getting into, and not diving into gambling just because you heard someone won a decent amount through playing a specific game. If you became attracted to play because of this (not knowing the risk) then chances are you'll have a high expectation that same fate will fall into you too.

Thus don't rush to play and know your limit to not spend the amount that you can't live without. This way you can gamble while not having problem about addiction since you have self-discipline.

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Quote from: bettercrypto on January 06, 2024, 04:07:57 PM

I hope gamblers who have a gambling addiction read this, because the only gamblers who always have greed are the ones who also have a gambling addiction. Because that's why I became an addict because of being greedy.

Some people gamble for a long time, but they cannot be said to be addicted to gambling because their lifestyle is not ruined because of gambling; they just know how to properly manage their limit on the amount they gamble. They also know how to control themselves as gamblers.

I don't think an addict will have that time to read this since he will already be dipped in his addictions, I believe this caution is for those who are about to slide into addictions and still have some time to reflect on their actions and make possible changes to their lives, many times it best to be careful and to read a lot to know the dangers of whatever you want to embark on such as gambling.

That knowledge is what will help you along the way, and also help to prevent from possible sorry state if you become uncontrollable while gambling.

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Quote from: zuzie on January 05, 2024, 09:55:29 AM

Quote from: ndutndut on January 05, 2024, 02:16:21 AM

but even though it is difficult to put into practice, if we often read about the dangers of addiction from this forum every day it will definitely be useful and serve as a reminder at least when we are in the game so as not to be careless. This is what I practice, slowly every time I play I can control myself.

Yes, that's right, if we often read discussions about the dangers of gambling through this forum, we should try to be careful when we want to gamble, there will definitely be benefits here, namely that we can both advise each other not to do things we don't want. do not become addicted and greedy in gambling.

I hope gamblers who have a gambling addiction read this, because the only gamblers who always have greed are the ones who also have a gambling addiction. Because that's why I became an addict because of being greedy.

There are people who gamble for a long time, but they cannot be said to be addicted to gambling because their lifestyle is not ruined because of gambling; they just know how to properly manage their limit on the amount they gamble. They also know how to control themselves as gamblers.

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Quote from: zuzie on January 05, 2024, 09:55:29 AM

Quote from: ndutndut on January 05, 2024, 02:16:21 AM

but even though it is difficult to put into practice, if we often read about the dangers of addiction from this forum every day it will definitely be useful and serve as a reminder at least when we are in the game so as not to be careless. This is what I practice, slowly every time I play I can control myself.

Yes, that's right, if we often read discussions about the dangers of gambling through this forum, we should try to be careful when we want to gamble, there will definitely be benefits here, namely that we can both advise each other not to do things we don't want. do not become addicted and greedy in gambling.

Our fellow forum users really give each other advice and suggestions for the purpose of wanting each other to ensure that in the future none of us make mistakes when gambling.
Of course this will be very useful and can have very positive impact on all forum members, especially those who like to gamble, gambling is always risky and gambling always provides unexpected things that might get us into trouble.
But it all comes back to each individual whether they want to listen to and apply all the good suggestions and advice presented here or not because our goals in gambling will of course be different and cannot be equated with each other.

There are lots of threads about addiction, greed and especially being responsible gambler and always being careful.
In all existing threads there has been lot of feedback conveyed so that we can understand it and should learn from what is here, especially for new members.
This forum will always be useful for those who want to learn and take the positive side.

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Quote from: Odusko on January 05, 2024, 04:52:46 PM

Quote from: Zoomic on January 05, 2024, 03:38:42 PM

We all know that we have some lazy people here who can never search for previous topics on their own in the forum, if sensitive topics like this are brought up again, they will be privileged to come across this topics and read. Being irresponsible has ruined lots of lives, though there are still some privileged people who were fortunate enough to escape these ruins. That's their luck anyway.

Many might say no one has made it big by taking things too easy, hence the need to take drastic measures in all they do, gambling inclusive. Yea, they may be right but being responsible can also save them the stress of having to deal with huge losses they cannot bear. It will also save them the stress of having to run helter-skelter for solutions to problems they caused by themselves. So, everyone is at liberty to choose what they want to be, responsible or irresponsible.

This laziness is what have lead many into making some mistakes that there have lose money process and at the end blame it on the casinos, and those kind of events could be prevented of threads like this are available to warn them them before hand on the need to do the right thing at the right time and being able to manage their time and finance inline with they own set rules that will help them to prevent sliding into a bad position in the end.
Many of us have learn a couple of lessons from other people comment and even apply some suggestions that have helped us to adjust our overall gambling experience till this very moment, so being lazy will only increase one chances to slide into troubles instead of avoiding them by following a set rules and regulations.

People wont learn unless if they would experience for themselves until they would really be experiencing those worst conditions on which it would really be just that right that they would really be learning up those things or else it would really be just make things even more worst. You wont really be making yourself that responsible? You are really just that definitely be wasting up that opportunity for you to make things right specially when you are dealing with gambling which we do know that this is something that could break or mess up someones life if you wont really be careful in terms of finances.
This isnt really just that on gambling on talking about being responsible but also in other things as well on which you would really be that needing for you to have that kind of sense of responsibility
on any decisions that you do make into your life.

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Quote from: milewilda on January 05, 2024, 06:32:56 AM

Quote from: kotajikikox on January 05, 2024, 03:23:13 AM

Self control needs to be practice even before we gamble or when we are still starting because the problem is that once we become connected and inlove in gambling? that is when the world will change forever ,addiction will follow and we will forget everything but not the eagerness to win and win , not giving a damn how much are we losing.
this is how and where gamblers become addict .

When it comes to self control then each person does have that different level when it comes to this and this is why we do really see that there are people who do able to control and there are ones who do really fail to do so. Being responsible would really be that hard because you do know that it isnt something that you could teach to other people. It is a natural thing that someone would really be doing basing up into the condition that
he's really that experiencing. Just like on what others been saying that you are the ones who do really make your own fate on which means that actions should really be something positive and not really that
going into that something bad because on the time that you would really be doing things then you are really just that basically putting up yourself on harm.

There would be no bad effects if you are really just that sensible or mindful on the things that you are doing.If you are doing something negative then expect negative would
be the expected outcome to happen. If you arent that good on doing things then for sure it would be a mess up.

That's right, self-control in gambling has an important role, because if someone can master it then it's likely that they won't experience big losses, self-control is what is talked about a lot in matters related to gambling, I think a lot of people talk about self-control in gambling is because this is one of the main points that must be had when gambling, so that undesirable things don't happen, and as you said, everyone has a different level of self-control, that's clear. I myself often see in my environment they gamble excessively and by depositing more money to gamble or not at once, and I think this is because they don't have good self-control.

self-control, responsibility, those are the things that are talked about the most but they are only easy to say, not easy to do, because as far as I know when someone is going to gamble with a target, but when in the game and the game is good it can trigger them to change their minds, by wanting a bigger win so that their motives are different.
That's true, if we act sensitively or carefully and not carelessly or recklessly, then it's likely that nothing bad will happen. Many gamblers experience bad things because they are careless and reckless in taking action.

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Quote from: Zoomic on January 05, 2024, 03:38:42 PM

We all know that we have some lazy people here who can never search for previous topics on their own in the forum, if sensitive topics like this are brought up again, they will be privileged to come across this topics and read. Being irresponsible has ruined lots of lives, though there are still some privileged people who were fortunate enough to escape these ruins. That's their luck anyway.

Many might say no one has made it big by taking things too easy, hence the need to take drastic measures in all they do, gambling inclusive. Yea, they may be right but being responsible can also save them the stress of having to deal with huge losses they cannot bear. It will also save them the stress of having to run helter-skelter for solutions to problems they caused by themselves. So, everyone is at liberty to choose what they want to be, responsible or irresponsible.

This laziness is what have lead many into making some mistakes that there have lose money process and at the end blame it on the casinos, and those kind of events could be prevented of threads like this are available to warn them them before hand on the need to do the right thing at the right time and being able to manage their time and finance inline with they own set rules that will help them to prevent sliding into a bad position in the end.
Many of us have learn a couple of lessons from other people comment and even apply some suggestions that have helped us to adjust our overall gambling experience till this very moment, so being lazy will only increase one chances to slide into troubles instead of avoiding them by following a set rules and regulations.

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Quote from: redsun114 on January 05, 2024, 02:45:41 PM

What's unfortunate is that not every gambler learns from the mistakes that other gamblers made which cost them extreme losses because most people think that what happened with others might not happen with them which is the biggest misconception one can have about gambling. You can't expect a strategy like martingale to work for you when it didn't work for thousands of other gamblers out there, so it's better if you learn from the outcome that others had to face.

So true, there are many gamblers who thinks that strategy might be fit to them even it's been used by other people around, though it does sometimes with some tweak out from the patterns but not many can do that. I think it's better to learn from other's experienced and try not to repeat that same mistake.

Quote

A gambler who is responsible and disciplined by nature doesn't need to be told that they need to learn from the mistakes of others because such gamblers will already know the necessary precautions that they need to take when gambling such as not chasing your losses and stopping when you are either constantly losing or have already won something on top of the initial bankroll.

Indeed, a better version of responsile gambling is know when to stop, both sides of the outcome you should always have that will to stop playing to avoid being dominated by your emotions and exceed from how you set things up.

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Quote from: Odusko on January 05, 2024, 02:55:46 PM

Quote from: bayu7adi on January 05, 2024, 11:00:09 AM

I've read quite a few threads about self-control, budget management, and more in this forum. The content in these threads is indeed helpful for newcomers, but it seems like there are already too many threads like this here. Honestly, it makes me bored.

Many people tend to lose control when they experience big wins or losses. Yeah... the emotions from the mind usually influence them to become greedy or vengeful. Any limits won't be of any use, so it's basically nonsense for people like them.

Wise individuals will stay wise in gambling, and that's an advantage not many people possess. Without you teaching them to set limits, they're already doing it automatically.

I haven't seen any new thread for gambling control of what have you recently and this particular thread have been on for quite a while now and that the reason why you still see new replies on it, gambling control or management is indeed a topic that need to be touched regular because of the impact of it in both newbie and old gambler, as long as you have that in place, there won't be any time that you be stranded on a number of things such as budget management and over speeding, which is one of the major problem facing many gamblers in recent times.
All the other threads that relate to this have died a natural dead and I am sure in time to come also this thread may become a mega thread with unsubstantial replies that could be viewed to be a repeatation of what have already been written before.

We all know that we have some lazy people here who can never search for previous topics on their own in the forum, if sensitive topics like this are brought up again, they will be privileged to come across this topics and read. Being irresponsible has ruined lots of lives, though there are still some privileged people who were fortunate enough to escape these ruins. That's their luck anyway.

Many might say no one has made it big by taking things too easy, hence the need to take drastic measures in all they do, gambling inclusive. Yea, they may be right but being responsible can also save them the stress of having to deal with huge losses they cannot bear. It will also save them the stress of having to run helter-skelter for solutions to problems they caused by themselves. So, everyone is at liberty to choose what they want to be, responsible or irresponsible.

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Quote from: bayu7adi on January 05, 2024, 11:00:09 AM

I've read quite a few threads about self-control, budget management, and more in this forum. The content in these threads is indeed helpful for newcomers, but it seems like there are already too many threads like this here. Honestly, it makes me bored.

Many people tend to lose control when they experience big wins or losses. Yeah... the emotions from the mind usually influence them to become greedy or vengeful. Any limits won't be of any use, so it's basically nonsense for people like them.

Wise individuals will stay wise in gambling, and that's an advantage not many people possess. Without you teaching them to set limits, they're already doing it automatically.

I haven't seen any new thread for gambling control of what have you recently and this particular thread have been on for quite a while now and that the reason why you still see new replies on it, gambling control or management is indeed a topic that need to be touched regular because of the impact of it in both newbie and old gambler, as long as you have that in place, there won't be any time that you be stranded on a number of things such as budget management and over speeding, which is one of the major problem facing many gamblers in recent times.
All the other threads that relate to this have died a natural dead and I am sure in time to come also this thread may become a mega thread with unsubstantial replies that could be viewed to be a repeatation of what have already been written before.

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Quote from: bettercrypto on January 02, 2024, 12:28:05 PM

Quote from: Fredomago on January 01, 2024, 07:15:53 AM

Quote from: maydna on January 01, 2024, 05:00:13 AM

Some things are useful for someone who learns from other people's experiences because he will see roughly what he could do if he were in his position. And what should they do so that they don't have to experience the same thing as him so that he can avoid it and be careful in gambling? Most people will lose their caution in gambling when they win or lose, and they will start to lose their sense of responsibility towards themselves so that they will lose their money little by little. We all have bad experiences, which is a mistake we must avoid. We are still learning more about responsibility in gambling to avoid other mistakes.

I like the idea, learning from other's experienced will allow you to prevent doing the same thing, it serves as a good basis when dealing with your gambling activities, if you have that good control with your gambling activities you will be able to secure your position, you will not overspent your money and you will take some rest when you are seeing yourself losing, that's the good side of knowing those bad experiences by others, you don't want to suffer the same fate so you will find way to control yourself.

That's true. When we see and know that there are other gamblers who have done something wrong in gambling, it will be a sign or lesson for us to learn from the mistakes made by other players in casino gambling.

In addition, let's learn from the mistakes we've made as a gambling strategy here in crypto. It's not easy to be responsible when gambling, because if we can do it as gamblers, it's not always like that for life. We must maintain being responsible gamblers.

What's unfortunate is that not every gambler learns from the mistakes that other gamblers made which cost them extreme losses because most people think that what happened with others might not happen with them which is the biggest misconception one can have about gambling. You can't expect a strategy like martingale to work for you when it didn't work for thousands of other gamblers out there, so it's better if you learn from the outcome that others had to face.

A gambler who is responsible and disciplined by nature doesn't need to be told that they need to learn from the mistakes of others because such gamblers will already know the necessary precautions that they need to take when gambling such as not chasing your losses and stopping when you are either constantly losing or have already won something on top of the initial bankroll.

Topic: Responsible gambling - page 17. (Read 3918 times)