Topic: Responsible gambling practices. - page 11. (Read 4363 times)

Taking a break from gambling when experiencing a huge loss is a good strategy to avoid addiction but it shouldn't be applied when experiencing loss only, it can be used when experiencing winning either whenever we notice we're spending much time on gaming.
I'm saying this because this affected many gamblers in the UK before the government implemented rules and regulations for casinos to always restrict players who spend too much time on gaming for some days. Therefore, I supported what you said about withdrawing the winning funds from casino

That's one reason but you're right that it is not the major reason for KYC. One major reason is about to combat money laundering.
So they could have records of the users that are likely doing it through their platform and they can clean it up afterwards.

Well, I haven't just see people that are very rich from gambling, they are people I have seen, had one on one discussion and we had a good time but the fact still remains that people that made money from gambling are far less than the people that has made money from gambling and it's that margin that is making casino makes money else many of this companies will be out if business for long, just few people make better money from casino.

Id gambling is profitable for everyone, where will casino get the money to pay all the winners. Most of the time, money loss, some still goes back to winners and the rest goes into casino. The day the gamblers lose money, the more casino makes and when they lose low amount, the casino don't earn much which is why they don't play with promotions with their customers, they always have a way they will drag you back to the casino even though you don't have money to play.

It is known that we Should never lose Discipline , by having discipline we will be very far from a possible Addiction , that is in the person if he wants to be a truly intelligent player or not, it is well known that a responsible player has to clear that he is fighting against the house advantage and the internal complication of his game, apart from that he knows that he has to take care of his Balance , and if he is a person who is controlled from all moment, then he has to indicate that every game needs a clear analysis and that before playing he has to establish how much money he is willing to lose , so he can get as excited as he can, only when he runs out of money then that's it.

Yes, always thinking about the defeats they have experienced while they are involved in gambling so that it creates a desire for revenge on the casino and honestly I do not understand why they are so sure that they will be able to turn things around, or what I mean is why they can be sure that one day they will be able to get a lot of wins which amount will be greater than the amount of losses they have experienced so far, and on the other hand when a gambler already feels unacceptable with the defeats they experience and is also obsessed with the name of victory then actually it can be said that they are trapped in addiction but unfortunately it is really difficult to realize that, and other things for the problem of implementing limits and various other actions that lead to prevention, actually all of that will only be easy to do when they really understand from the start what and how gambling really is, especially in terms of risk.

Even if we talk about data, more people go bankrupt because of excessive gambling than people who get rich from gambling, I haven't even found someone who gets rich from gambling, except maybe those who own casinos or people who are seen directly in them, but if there are users or players, maybe the percentage is very small.
But the problem is changing the mindset, in fact I think it will be more difficult to change someone's mindset than taming an animal. Maybe this sounds excessive, but if we look at the facts, the mindset is indeed something that is very difficult to change.

3. Gamble for Entertainment, Not Income.

When it comes to approach then this is what's important on which treating up gambling not a source of income but rather just
An entertainment. You would be finding yourself some issues at the time or moment that you do lose yourself when it comes to control and this what makes yourself having some issues when it comes to finances. If you do have some self awareness about on the actions that you are taking then it is much better that you do really know on what you are indeed doing. There are times or moments that you do commit mistakes but it is really that impossible that you won't be making any realization on what it is. Be responsible into the actions that you are making but it is really that impossible that you don't be able to distinguish whats wrong and right. So it will be that recommended that you should be on your senses because at the time that you will be controlled by your greed, then this is where issues do really start to come out. So it will be that recommended that self awareness and control of your emotions and greed will be that recommended on this case. Gambling isn't bad as long you do make yourself that responsible into actions that you are taking into. Don't be delusional when it comes to gambling because this will really be talking about more loses than winning and that's why you should really know on what you are dealing into.We do know that gambling isn't really that something that you can be that rely when it comes on making income with it.

Most times when we set this limit and play with let's say a small amount and it turns out to be a winning game with little or not enough returns we might want to start blaming ourselves for not giving the game a bigger shot. If we don't control that very moment it might turn out too disastrous.

Imagine having a budget and later decided to cut down on it to manage risk and train yourself on controlling greed only for the game to become a win and if the stakes were higher it would have meant higher wins but the little amount couldn't do much. This happens a lot and knowing how to control this moments as a gambler saves.

I want to talk about the last point, because I find it interesting and unusual.
I have never combined alcohol and gambling, but I think it is an incredibly dangerous mixture.

Yes, this is an activity that will be fun and bright in sensations, but definitely if someone does not know the measure in alcohol, then it is better for him not to do it. Because such a person will wake up the next morning with a zero balance. Plus, you should not play logical gambling, but only those types where there is luck and only it, like slots.

Yeah, the most correct approach to gambling is if you decide to play in a casino, and you have exactly as much money with you for the game as you are ready to spend in one evening. If it is an online casino, then set yourself a limit, more than which it is forbidden to spend. Each of us wants to win, this is a good desire, but everything happens the other way around, more often we see losses. Although I perceive the casino as entertainment, I am not ready to just spend even a small amount on slot machines, because I do not believe that I can win there, I would rather place a bet and get adrenaline.

We need to have that kind of mentality that we need to learn from each experienced as we can use it not just to try to earn but also to be more responsible both on our time and on our allotted budget for gambling, it helps us to avoid getting addicted and let us enjoy what we are doing, instead of having so much pressure once we have that responsibility and we know how to set our limits then we'll be able to adjust and to stop whenever it's needed us to quit.


Indeed, that discipline inside us mostly attracts our temper especially when we are getting excited with what we are seeing while playing, but if we manage to control and able to make that hard stop when we need to do it, then it's helps us to avoid getting addicted and continue to have that full control not to overexceed with our set limits.

You’re correct mate, it’s best to gamble with you can afford to lose than to gamble with huge amount and hope that you can become rich overnight just by gambling. I know what most gamblers need is to change their mindset from the way they see gambling to a random lucky game, with its difficulty in winning is higher than loosing. The only way we gamble and enjoy our time gambling is when we don’t put in too much pressure. Gambling should be seen as a game and not a means for wealth creation. Those who think of it as a means to earn more money likely get addicted.

I never count the number of my losses and wins while gambling, but I am sure the number of my losses is greater than the wins. But that does not make me have financial difficulties, why? Yes, because I gamble with money that I do not use for other needs and I use money that I am free to lose, or in other words when I lose then I will not have difficulties later. Some people in my opinion have the wrong perception in gambling, yes they use gambling as a place to get money. The wrong thing I mean here is in terms of their expectations being too high, so they take risks by using money that is actually for other needs. That is what ultimately makes them have to lose a lot of money which causes problems later.

It's a fact and certain that our losses in gambling must be higher than our fortunes, if gamblers come out clean to tell the truth, you will hear a good number of persons attesting to this fact, am a bettor and there is no way I will come out here to say that I have won more than I lost that wouldn't be acceptable if I say such, if such happens then gambling firms won't be in business, no one can win all they time no matter how good some persons think they are in this game, something must happen for one to lose and such things are unforseen, no one is lucky because they are beginners or old folks in gambling I think luck is a general thing and it can shine on any gambler at anytime , although beginners can be more lucky at first when they don't know much about gambling but as time goes by, they will understand the real thing, if anyone is thinking that they can outsmart the bookies all the time then such person is embarking on an impossible journey, so to avoid being addicted one needs to know that losing is inevitable to avoid chasing shadows called loss.

When you always space the gambling site after series of lose you would definitely regain yourself and when coming back there will be much more changes to enable gambling more better. The thing is, in gambling when gambling and incurring much lost we should always try to space to gambling site after which when we might have recollect our normal senses then the best idea of how to follow up fresh games could come and if you apply them you will definitely win the game, and if there were previous winning it is also advisable to withdraw them from the gambling account to secure winning more better otherwise if you keep playing there is every chances to lose them all to the site again.

Well I don't  know about other but I can tell for sure that it's normal for our loses to be more than our wins in gamble.  Speaking  from my personal experience my losses  are far higher than my win in terms of volume of bet. Irrespective  of the strategy  your employ the losses always  tends to come out more, for a beginner  at first he might be lucky due to beginners lucky, and that is one of the trick gamble  use in trapping beginner  so they can keep high hopes and continue gambling and by the time they realize  that they have lost  too much, it's  already  late for some as they have already fallen  into addiction or Irresponsibly gamble habits.

Yes, and that's precisely why I share it with those people who are in danger of becoming addicted to make an effort and do it, at least as if it were a practice and that they get the hang of it to do things better, it's not difficult, the hardest thing is to take that Discipline that we ourselves tell ourselves no more and I won't go any further, if things go that way then it's the best thing in the world , I would do it that way and then I'll see if the money goes further, because you play , you Enjoy it and there's a high probability of winning.

Of course, I am right. Quitting gambling is not the same thing as not going beyond the limit, or taking some time off gambling because when you quit something you're not doing anymore forever.

You indeed used the wrong sentence in the wrong place.
If that's the case, I agree with you and this is something I once did last year it's not that I am not winning but after doing the calculation of my loses the game seems not to be in my favor.
I exited the game for some time and when I got back into it after a deposit I made 3 withdrawals before making another deposit which is a positive result from the previous experience.


Yes, but only gamblers who are mature enough in the gambling space, and also ready to accept the genuine concept of gambling (which is winning is not guaranteed) will exercise this practice.

Yes, but not every casino. Only the casino from a certain jurisdiction of operation where this is a must or the casino whose master license rules and regulations include the practice of exiting for some time the gamblers who spend much time or funds on the game.

No. That's not the major reason behind KYC. The major reason behind KYC implementation has to do with the exact point I provided above.

As gamblers you need to exercise a responsible gambling practice so you can enjoy the games you are playing. Casinos gives their customers the chances to exclude themselves from gambling for a moment and they also ensure that each gamblers are above the age of eighteen(18) that's why they normally request for KYC (know your customer) verification while registering or make a huge amount of withdrawals.
As gamblers you need set a deposit limit, so that even when you lose all of them, it won't affect you because that's what you can afford to lose.

Responsible gambling practice is very important but it is so unfortunate that most gamblers don't even give attention to this responsible act because they feel they don't need it and all they want to make is just to win every game, this is just the main focus. I think the reason why gamblers fails to be responsible in their gambling practice is because they are too fast to just gamble to make money, and they do not have that time to get understanding of how gambling is and to play responsible.

It is impossible to be a responsible gambler when people don't have understanding of gambling. Ùnderstanding is everything in gambling and that's how gamblers can for follow the rules and be responsible in playing.