Topic: Responsible gambling - page 27. (Read 3918 times)

The second point is so difficult to do, I keep trying to persuade my friend who is really a gambling addict, he is really obsessed with wanting to get rich quickly and even sold some of the assets in his house here. I don't even care about his wife and children, I'm afraid it will make him lose his mind even more, sometimes I give his wife and children some of their needs because I feel sorry for them, I hope I can help my friend recover.

There is never enough reason to use to define and make people focus and become responsible gamblers. Many people already have the idea that gambling above the limit is bad, and not having a daily or weekly wager budget is also bad, but then again.
 
One thing that keeps most gamblers to keep on gambling and never to call a stop to it is their mindset that they can never tell which game will change their life, and as such, they find the need to always gamble when possible and when they feel they have a better chance of winning.
 
One of my friends asked me one day, "Have I ever seen anyone who is a responsible gambler who has made it big through gambling?" He tried to convince himself that you need to be addicted in order for it to work for you, and many other gamblers also believed that.

I completely agree. Going into gambling without a budget plan (as well as a max. limit for winning) and a break plan is a recipe for disaster. You need to have some form of control over the whole situation, because things could easily escalate quickly without you even noticing that there is anything wrong.

However for such a risk-limiting strategy to work, you need to have a modest amount of self-discipline. This is usually the main "deal-breaker" for people who do not wish having to resort to attempts in controlling themselves and their own emotions, whether out of laziness or out of pride.

When it comes to addiction anything is being taken for granted, even how good the setup or the tips what inside gambler's mind is to win and try to make money while playing, they will not going to listen and most of the time they'll going to forget whatever it is that they plan ahed of time, once that emotion dominated there's no way that you can stop.

More on how you adopt and how good are you in controlling your emotions, without that, you'll end up losing more money inside gambling.

Responsible gambling! is a must if you can control your emotions and control your budget you pretty much will be safe.

why you don't give another option and the other option is a futures trading.  But seriously tho either gambling or trading can be addicted if you cannot control the main fear and greed of people and that is emotion.
so trading without stop loss and take profit especially in derivative trading is full of fear and greed which is bad for everyone

Op the tips are nice though, but those tips doesn't guarantee that you can become a successful gambler. Ones a gambler get addicted to gambling those tips won't mean any thing to them all they want is to make alot of profit to cover their previous losses with such drive those tips won't be followed. Because you can't use such tips against luck, gambling just luck but is always advisable to risk what you can afford to lose. Not something that will end up putting a gambler in debt.

Thank you for sharing these valuable tips on gambling responsibly. I completely agree with your points:

These are basics and regardless how much ever you educate there are people who will still be making same mistakes and the reason being the urge to become millionaire overnight and greed is the reason why people just bet consecutively and that too they go all in at every single time instead of planning it, I would relate this to margin trading where people make the same mistake every single time. Gambling can ruin your life and push you to greater debt if not done properly or if done without control.

It's true what you say, because nowadays many people gamble with the wrong assumptions and that causes them to experience big financial losses, many young people are now gambling online with their treatment of online gambling being done irresponsibly gambling excessively.  also have excessive hopes which makes them gamble excessively I think this needs to be addressed those who gamble irresponsibly are certainly the ones who lose but there are times when other people also lose because of people who gamble irresponsibly. irresponsible because gambling done irresponsibly means they don't know the limits to stop they gamble but don't think about the risks and finances they have so that when they run out of money they can take out a loan to carry out their gambling activities again, but what's wrong is sometimes they borrow the money forcefully or harshly of course this is detrimental to the person involved. big problem and detrimental to other people who don't know about  it I think they must be aware of the impact of gambling which can make them change their attitudes and behavior where they will become more stubborn  easily emotional and tend not to want to give in.

It's rare to find people who gamble responsibly, in fact, as you said, it's almost impossible to find, it seems like a rare species haha . people who gamble responsibly they will not gamble excessively because they know gambling is a means of entertainment, not a means of earning money, but many misinterpret gambling to be the main source of income in their lives, many of them believe that gambling can make them rich quickly, now the logic is this, let alone to be rich, just to win it seems to be difficult let alone to become rich, I think their minds must be addressed so that they do not misinterpret gambling, They can spend a lot of money on gambling but they can't stop themselves from gambling, even though from the amount of money they have lost due to gambling, I think they can start a small business, also with those who are careless or reckless about their gambling games, those who have lost but they still insist on continuing to gamble with the presumption of recovering the losses they have received, it is very unfortunate, they have been trapped in the wrong cycle. They should feel the harmful effects of gambling itself.

I guess you mean have a healthy bankroll and sticking to it, without a bankroll a gambler will experience a lot of mismanagement of his money gambling without a limit, this act of stupidity has cost many gamblers to squander their salaries in a day just on gambling alone as the didn't know when to stop based on their lack of budgeting/bankroll.

I learnt about this from a gambler I use to have random interaction with sometimes when I visit my regular on land sports betting shop in town, for some period it came to my mind I haven't seen him at the bet shop for the few times I had visited then one faithful day I met him on the road while I was heading out, asked him why I haven't seen him for a long time now at our usual gambling spot, he told me he was just taking a break due to how he had had many losses in the past weeks and not to get emotional about it he goes for a short break which had always help him cool off and probably change his fate when he will later resume.
Taking a break be it long or short break's can be a therapy to help prevent addiction and much losses, it doesn't mean we're cowards it only means we know what we are doing and that we're still in control of our gambling life.

This is what I also believe and trust that Gamblers must know how to manage discipline and knows how to understand stopping while in gambling because if you have none of those then you will never be a gambler or winner at all , stop gambling while you can or else learn how to control yourself, this is the sole reason why there are so much losing happening in gambling world , and also the reason why most of people is not taking money outside the casino because of so much expectation.

and another thing is that pausing sometimes , this is also a big steps for not losing continuously .

Really that impossible for someone not to be able to know on what they are doing eh? We do know that there are people who would really be that mindful about their actions
and there are ones who cant or simply ignore about the risks and just continue on what they are doing. Its not bad to gamble as long you do know your limits and this is something that people should be sticking
so that they wont really be ending up on getting wrecked with gambling. It is really that usually people do really ends up on a disaster on the time that they will really be that not minding about those probable things that will happen or simply even if they are aware they do still choose for them to proceed on just because they are really that aiming for making money.

If you wont really be that making yourself that responsible then you would really be ended up on sleeping on the streets or simply you wont really be that making yourself that
having that being wrecked because of gambling.

You do not make any sense here, for you to have a written budget or the one you have a rough calculation in your heart, budget is budget. The main thing is that you do not do anything out of budget when it comes to gambling and you should make sure that you have a good plan and discipline along with that budget. That is after which you have had a good gambling style. The latter is important for you not to be emotional to the extent that you will abandon the budget entirely.

Also, whether or not you worked for your cash or you are gifted, a reasonable gambler does not use them differently. And if you think a free gift has to be wasted since you didn't work for it, then you might want to think twice, otherwise you will be acting unwise.

I agree with you here, gambling has to be responsible, and responsible gambling is such that is void of irresponsibility whatsoever. This is the situation where the gambler has plans and a budget and sticks with them, and the plans and budgets are such that will not mix with the good behavioural pattern of the gambler, which includes their lifestyle and responsible living.

This is not the first of its kind. We have been see this type of posts advising people on how to deal with gambling and gambling addiction. Te problem is that almost everyone ignores this advice and in some case even the advisers are also victims.

Talking about having a budget, it is easy for someone who has a steady source of income. How about a petty gambler who has no source of income, can he budget?

Moderation is important at every point in time, knowing when you have exceeded your limits is important. Self appraisal Should not be over emphasized by anyone. Whether your are in a winning streak or losing streak you need to take break at some critical points and examine your success on the long run and also your mental wellness.

Always be mindful and consider out on how you would really be that making  yourself that getting affected if ever you would be doing it. This isnt only talking about on gambling alone but also in other things in life that you should really be that responsible when it comes to that. If ever you had neglected out those risks then still go ahead just because you do really wanted to do so then you are really that putting yourself into that trouble on which this is something that must be avoided in the first place. Its never been worth on trying out to exchange out your leisure wants and preference just
because you are really that minding about the satisfaction that you could get and this is something not really that recommended in the first place. Learn to control and discpline.

It maybe but sometimes no matter how positive a person is, his luck in gambling sucks.  The better things that having a positive mindset while in gambling is that, the gambler is rarely affected by the loss experienced in gambling and always have a cheerful endeavors that reduces pressures and stress made by losing streak.


Responsible gambling is applying limitations and moderations in gambling.  No matter how one understand things about gambling if he don't apply these things in his gambling engagement, then gamblers action won't be called responsible gambling.

People often don't ask themselves why they chose to do a certain thing, they simply do that thing. When we talk about responsible gaming, we first need to ask ourselves why are we playing? What do we want to achieve when we play? When we have the answer to these 2 questions then we move on to another phase which consists of knowing how to manage time and money taking into account the objectives we want to achieve when we play. For example, when a person sets the objective of making a profit by playing, that person already starts off wrong, because they haven't done any research on the games and don't know that they won't make a profit, so even if that person manages to manage their bankroll well and manages it well, of time

Even so, this person will not be able to be successful in gambling, they will lose all the money they put into gambling. So what should this person do? In my opinion, this person must manage money well in the real world, so the amount of money this person will put into the casino will be an amount of money that they can afford to lose because they won't miss it, the most important thing is What this person should focus on is making profits and having fun in the real world and what they do in the online world is secondary and of little importance, this is the key to preventing people from becoming addicted. when a person has a lot of things to do in life, there is little time left to engage in things like alcohol, sex with many women, drugs and gambling addiction, happy people do not have addictions

It is necessarily we endeavor to become a responsible gambler. Anything we are doing, it is important we are ready to bear the consequences or else shifting the blame on others would never help us. Any decision we are taking as a gambler must be made carefully or we might end up getting opposite results.
 As gambler, becoming responsible one might not be easy for us because of greed and other factors that could play a severe role and make us regret our decision. Anything we are doing, we need to look out for being responsible or else we might find ourselves becoming a gambling addict.

Budgeting have to do with alot of work and both mental and physical budget should be kept to help the gambler to be kept upto date with things as there happens, many times we are faced with things such as this, on how best to keep our gambling budget set up so as to get in touch with them.anytime it seems we may be going above our set limits, this way we are helped to be concuse of our actions and decisions, this helps us to gain freedom from possible greed or addiction tendencies and to mentain our bases while gambling.
Many times, the easiest way to know how responsible a gambler is, check how best they handle their financial bugets and how discipline they are in doing that.l

When we mention that gamblers should have a budget, it this mandatory that the budget be a written budget or a mental budget? I may gamble on the spot with a spare cash that i was gifted, it is not a budget.
What I know that is the main thing about responsible gambling is doing what you said you would do, irrespective of how you feel. Gamble within time frame and leave when the time reaches, gamble on certain days, gamble with budgeted or spare cash. There are also hidden behaviors that are not exhibited that is also a part of responsible gambling as well.