Topic: Risking 1% in Gambling - page 12. (Read 4423 times)

Generally the number of gamblers who gamble for the sake of making money from the proceed of their wins are much more than those who actually gamble just for fun, those who gamble for entertainment are only but a few most of which are the very wealthy who can afford to have fun while risking their money but then most of the others are hoping to win.

Staying responsible while gambling has become a very difficult thing to do with some persons because they are just so bent on make money gambling some of them even become greedy hey they do not know that that's the biggest of their problem why they have been loosing much more than they have been winning but if they understand that they can win by been careful enough and not gambling all the time, taking unnecessary risk and all that. Even if you are gambling for money, its Also important to see some kind of entertainment in it so that you don't get too disappointed when you loose such games.

Yes gambling is always about the game of chance and the possibility of risk, these two things will continue to go hand in hand and can never be separated in gambling, meaning that you can win and you can lose, all of this depends on how lucky you are at the time of running the session. Therefore I think there should be nothing wrong with us being responsible gamblers such as by putting the smallest amount we can afford to lose because with this then we will not be too disappointed if in the end it turns out that we lost because the allocation of money is not too large which will not make us too upset at the end of the session. But on the other hand, I understand that it is too difficult to implement things if basically what they want is to win, because with such a goal, it is certain that they will use the amount of money that they cannot afford, and this is the reason why someone more often acts out of control when the final result loses, because there is something they put on victory, namely hope.

That's the thing, not all gamblers can apply the things that are suggested as a whole such as responsibility, as I said above that it is difficult to apply responsibility if their goal is basically to win, it is clear that with such a goal, the amount of budget that is carried must be a large amount.

That is why we must try to be a responsible gambler because there is a risk of losing money from gambling so we must maintain awareness when gambling so that we will not lose a lot of money. Playing gambling just to get pleasure can keep us away from the desire to chase wins, especially when we realize that it is difficult to obtain. We will not want to try it because it means we will be lured into gambling and could use more money, which is never recommended. We do need to focus, but our focus is only to be able to enjoy the gambling game and not focus on chasing wins or recovering from losses. Apart from that, we must also try to prevent gambling addiction, which has become the biggest problem for every gambler.

If a gambler can carry out all their actions responsibly, they will not experience any problems when gambling. But the problem is that not many gamblers can do that because there are still many gamblers who don't want to accept advice from other people to have the right mindset when playing gambling. They only want to chase wins and cannot use gambling as entertainment. That is why there are still many gamblers who use more money to take bigger risks so they can win. But that doesn't guarantee they can win the gambling game.

That's true, I do agree that three times a week is a lot, but also depends on how much you are gambling and not the amount of gambling. If you are gambling three times a week but gambling 5 dollars each, that's 15 dollars a week, whereas if you gamble just once a week, but gamble 50 bucks, you are still gambling more. So if we are talking about the same person, exact same person, and suggest him to gamble once a week, but they spend more money, then maybe that's not good.

I always say, look at how much money you lost/made at the end of the month, and decide if it was good or not. If you look at the number and feeling fine about it, then you are on the correct path, if you gambled and lost a lot more and unhappy, then you are doing something wrong.

A gambler will be able to do all the recommended actions on their own without any coercion or advice from others if they come with the right understanding, all of this starts with themselves in terms of the perspective and understanding they bring when they start gambling, if they come with a rational mindset in gambling then indirectly it will also make them understand that gambling is nothing more than a probability activity which on the other hand involves enormous risks if they do it in the wrong way or approach.

Being a responsible gambler always starts with an awareness of what gambling really is, you will be able to be a responsible gambler if you can maintain your awareness of the dangerous risks involved in gambling and with this then obviously they will not dare to act recklessly because they know that their actions will increase the percentage of bad outcomes to be more likely, But most other gamblers who are only focused on winning don't think about this, their goal is only to win and do a lot of ways that actually don't make sense and have no effect such as doing a lot of experiments which in fact will only make them worse in losing, but this is the phase of addiction which can be the reason why we must always keep ourselves from getting stuck there.

If we view gambling as a side dish rather than the main entrée, our perspective changes. Like enjoying a good book or coffee, the enjoyment is in the experience, not the result.

When we approach gambling with playfulness and self-awareness, it changes the experience. Budgeting for any pastime involves setting boundaries. It preserves joy and our health. I think responsible gamblers combine discipline and fun.

I agree with you that conscious choice is the key to a satisfying gambling experience. Knowing when to intervene and, more crucially, when to retreat. Gambler mindfulness promotes personal responsibility and communal concern. Gambling should give color to life's tapestry, not turmoil.

Becoming a responsible gambler is not easy, but if we realize that that is the only thing we can do to avoid problems caused by excessive gambling, we will try to learn it until we can be responsible when gambling. We cannot allow ourselves to fall into gambling or even become addicted to gambling because that will only give us difficulties or problems so we must really be able to prevent that from happening to us.

Accepting the reality that we experience when playing gambling is not easy because it is hard, and we have to keep practicing it until we can truly accept what we experience when playing gambling. By being able to receive the results from playing gambling, we will realize that gambling is not a way to make money but just a way to have fun so that we will not gamble too often. We also won't spend too much money because we already know it could cause us to lose money and make winning difficult. Whatever results we get from gambling, it will not force us to continue gambling because we already know the risks and consequences we will receive later.

that's true, sometimes many people still ignore it, because the sensation of winning at gambling is so strong that it's difficult for us to withdraw from gambling, the good thing is that if we win we have to cash it in because as @LUCKMCFLY said, the best choice when winning winning is cashing it in, there is no other better option than that. It's true what you said, they gamble between risks and profits, but many gamblers are careless so many of them take risky actions. This has become a common problem that often occurs in gambling.

of course so, because with the large amount of money they use for gambling,  if it is allocated well then they can use that money for other needs such as meeting their basic daily needs, there are also people who use a lot of money for gambling so that they ignore their basic needs. . I agree with you, gambling should be done responsibly, not excessively.

Basically it is not easy to be a responsible gambler if you basically have the goal of earning in gambling because casinos created gambling not for this but only to provide a place for people to try to entertain themselves when they have free time and therefore it is very difficult to control everything if someone is involved in gambling based on improper understanding.

One of them is as you said that accepting the fact of losing is not easy for gamblers, one of the reasons is because there is a level of expectation of a win, so when the results do not match what is desired then there is obviously a high probability for them to feel disappointed which in turn acts excessively with the intention and purpose of recovering the situation by pursuing victory. One of the solutions to get out of this cycle is right as you said that awareness must be emphasized more because after all only awareness can change everything and this must be done by the gamblers themselves, I am sure that if only they can change their views on gambling in a more correct and recommended direction then they will not dare to act carelessly.

Your thoughts make me appreciate discipline. I agree that gambling should be done carefully to avoid letting the thrill cloud our judgment. Cashing in winnings and leaving after a loss is crucial but sometimes ignored. It shows the human mind's constant shift between risk and reward. I've seen people chase losses, which rarely leads to redemption.

Your point concerning financial misuse resonates. All gamblers should remember that the money wasted in the whirlwind could have been used for other objectives. Fun gambling, when the thrill comes from the experience rather than the win, is my cause. Lets promote responsible gambling, where we know our boundaries and bet with money and stakes in mind.

So how did the experiment go OP? Did you go overboard the set amount or you did good and made it a consistent 1%? Was the experience difficult though? I feel like there's a lot of times that you've been tempted to try and make it go more than 1% right? And also, that 1% that you're talking about, how much is it because when I try to compare it to my monthly income, it always comes out too low that it would be a shame if I use it to gamble although it definitely is risk free since there's not a lot.

Even though losing is normal, not many gamblers can accept their defeat, and instead, it triggers their emotions to continue gambling to recover from their losses and try to win. They can't see that they are losing so they will try even harder to win. But they will still experience defeat and may experience defeat after defeat until they realize they have made a mistake. If they finally realize their mistake and try to reduce the number of losses by placing restrictions, they can see that playing gambling requires restrictions, especially since they cannot always win from their gambling games. They will learn to control themselves more and not be tempted to chase other wins or recover from their losses. They will start to become wise gamblers after gaining various experiences, which ultimately make them realize that gambling is just entertainment that doesn't need to be taken too seriously.

that's true, and in my opinion winning gamblers are those who gamble intelligently, by cashing in winnings without thinking, and stop gambling after losing at the end of their gambling. and with gambling that we do ourselves we must have rules as you have said and by allocating everything well, especially with the finances spent on gambling,  this needs to be carefully considered, don't spend too much money on gambling. considering everything carefully, do not take careless actions that bring disaster to ourselves.

I think that method already exists, but most people don't do it, they tend to do things they shouldn't do, like spending a lot of money on gambling, actually that's something they shouldn't do, but there are still many of them who do that. and this happens when they experience a win but don't cash it out and when they deposit the money back with the principle of almost winning, even though it doesn't fully guarantee they can get the win back Of course losing that much money is not a good thing, but bad,  in my opinion gambling and losing that much money is too much. with that amount of money I can buy a lot of the things I need instead of using it all for gambling.

Being able to efficiently maintain the strategy is not a rocket science, but can be if the winning begins to creep in. The gambler would need extra choices to deal with, whether to go for more money, or stay gambling bit by bit. These thoughts are a form of distraction, and the gambler could find himself making some mistakes in his gambling journey. As the secret to gambling for a better purpose, is based on concentration. Retaining accurate thoughts always and the ability to mingle around other strategies for the same purpose of being on a better side of gambling. I think gamblers need to invest more time making plans than building up loans or piles of failed bets. The essence of wagering lots of money with the experience of losing more, doesn't sound like a good idea to any responsible gambler. Who cares over his career and family, gambling could ruin both, but can't, without money. The money we allocate to gambling should be minimal and not stand as a threat to the family's growth or economy if the player losses his money gambling.

1% of income is really something that it is really that safe for someone who do really be able to have that kind of gambling allocation on which it would really be just that best that you should really know on what
you should gonna do. This is something a very good way or having the discipline on spending up money for gambling on which you arent really that able to get past 1% but i highly doubt that people would really be able to retain out such numbers considering that once people are really that getting involved with gambling is that people would really be that too impulsive when it comes to things and this is why
they are really that putting themselves on such potential impulsive on which it might really be that ending up for you on getting addicted.

This is why it would really be always wise that you should really know at least on what you are doing or else you would really be putting up yourself on such
condition on which you might really be that ending up on getting miserable or devastated because of it. This is why you should be careful.

Losing is common, not to be down bad for money, one should learn to moderate the bankroll. A gambler should be applauded for managing his funds successfully while gambling. No need in choosing the amount of money to wager, when we can't keep to it or maintain the process for a long period, not without consistency. However, gambling 1% of our income is the best gambling strategy since sliced bread. Although most gamblers have not failed to fall victim of gambling compulsively, more than they are able to lose. It provides the gambler a better control over his finances. Gamblers require some accurate means of sticking to the strategy without withdrawing, to be able to succeed in maintaining their bank roll. Going for the money puts an end to a great gambling technique. Lots of gamblers have obtained such acumen through their numerous years of gambling, but at some point, fail to keep up with the task. What then causes that, other than emotional instability.

Yes in gambling fun should be prioritized, because if you focus too much on winning then there is always the possibility of bad outcomes such as much greater risk. One of the reasons why I believe that we should treat gambling as fun is because I don't see any certainty or guarantee for the outcome at the end of the session, meaning that losing is possible, and this is also the reason why we shouldn't over gamble and only put a moderate amount. True, budget limits are necessary but on the other hand it's not just that, and as you said we should also apply time limits, because it's useless to put a small amount if you still allocate too much time to gambling, "little by little it will eventually become a hill" and this is why time limits are also necessary.

Engaging in gambling for free such as playing on a demo account is like you are "cooking without spices", meaning that there is no sensation that can increase endorphins, right? This is what makes most gamblers not interested and prefer to engage in real gambling, and what is worried is for those who have no money or run out of money due to losses in previous sessions, and this is true cannot rule out the possibility for a gambler to commit some out of control actions such as stealing or other criminal acts, this is what is feared because the wrong approach to gambling can make a person change his behavior.

Well, as players we are always going to do what is necessary to be able to win, but as long as things are normal, they are within the rules, for that reason when we play we have to have rules to be able to do something very well in the casino, and what we are looking for is basically to risk to win, if we do not win, we have to assume that those are the designs of the game and that we can have any type of thing to do so, in this order of ideas we always We must allocate things well, so that they are done well as long as we do not decapitalize ourselves, because if we decapaitize ourselves, simply being in a casino and putting ourselves in a casino will go badly for us, we don't know what budget we can allocate to lose. That is already a profit, otherwise I think we would be playing in a very disorderly manner and spending money that we should not lose, that is something that we must always consider.

Now, when we are looking for a way for things to turn out well, what we should do more is take on money that is willing to lose and respect that if we lose it, then we lose and alas, there is no need to make more deposits even to seek to recover what is lost. Did you lose or something like that, in a Laos casino the results are immediate, do you lose or win, did you win? Perdeect the money will be taken and that's it, we don't have to risk it, because in the casino we can lose it and if we really want to continue playing what we should do is basically be in the casino making the bets with the basic and minimum price, if for example we win 600usd Well, let's get 570usd and risk 30usd in the game, which is not bad, it's understandable and that things can be handled at that level of rest if we dare to risk more than normal, because things could turn out so bad that we risk the 600usd We will lose the 600usd, it is one of the worst things that always happens.

I'd only alter that idea to say 1% should be the maximum not the minimum you use if you set this level.  Dont feel obliged to always bet this amount, some bets should be half or less due to excessive risk or doubts on the outcome of the bet.    Having a set budget and also adding in a time element of say a daily allowance adds in external controls on your betting over just your feeling on that day.   If someone wants to bet a larger amount, add up a few days allowance and only bet on 1 out of 3 days for example.  I do think this structured path to betting is more likely to lead to a successful record.

The bet used can determine the sensation that will be obtained too, as you said, it is true to balance excitement and caution too. Many people bet small amounts but their expectations tend to be too high which can trigger them to continue gambling. In my opinion, to face defeat you have to be able to accept it, don't make a big deal out of it, especially if you think about it too much because that won't change the situation.

Yes, that's right, I agree with you, gambling is not the answer to overcome all perceived problems involving money, because gambling itself is like a tourist attraction where we have to pay to get tickets and get the sensation of enjoying it, but winning is just a bonus if If you are lucky, you can get it, just like gambling. In my opinion, gambling can really be fun if we think of it as not a source of income, because thinking of it like that will only make us more curious which will encourage us to gamble continuously.

Of course, the goal of all gamblers is to win, because that will make the gambler himself happy. and of course every gambler has high hopes of winning, therefore they go to the casino to win by gambling. However, with a budget of the size you mentioned, in my opinion it is quite large, and more than enough to carry out one gambling session, the chance of losing is indeed large, but there is nothing wrong with hoping that it can be more profitable even though it is difficult, because if we are lucky then victory will go nowhere. I felt this, even when I won with the bet amount, I thought to myself why I didn't increase the bet amount from the start. I think that happens often.

What you say is correct, we have to be able to consider our finances when gambling because that can determine our future, also with good self-control it can prevent us from spending more money on gambling, and this really has to be paid attention to. Of course, depositing more money is not a good action. In my opinion, it is clear that everyone will definitely choose to win, even though they always lose, winning will always be every gambler's desire.