Risking 1% in Gambling - page 17. | Bitcointalksearch.org

Hypnosis00

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Quote from: AicecreaME on December 23, 2023, 08:31:12 AM

Quote from: Suzume on December 22, 2023, 08:55:56 AM

Without taking risk no one can't be successful in life. In gambling you can't in as a gambler if you don't have power to tolerate losses. Because as new gambler you have no experience and you don't have lot capital. In that case you have to take high risk because if you lose it's critical to add extra money from you poket. That's the reason as a new gambler don't want to take risk they played safely and they risk small the lowest amount they can play.

Valid point.

If you won't stake some, you won't win some. You can't really know the results unless you try it yourself. But of course, do it properly. Gambling recklessly and responsibly are two different ways. One way could get you in a lot of troubles and challenges, while the other could provide you entertainment and possible profit on the side. Gambling isn't gambling if there isn't asset involved so you must know how to manage risk, assess risk, and strategize to have a positive outcome. Learn when to take profit and when to cut losses to prevent further damage to your financial capability and to your mental health as well.

While knowing that Gambling is risky and needs luck to win, too uncertain about making passive income no matter what we do. At least spending 1% of our earned money, it is not really hurt to accept if ever we lose. That idea simply helps us understand how important to have limitations. Having been into gambling for many years, overspending usually happens but I practice valuing my hard-earned money so instead of spending $100 a month, I cut it into halves. Since that time I can manage my finances well. Yes, wasn't that easy at first but I tried and got results with the help of spending less time gambling.

AicecreaME

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Quote from: Suzume on December 22, 2023, 08:55:56 AM

Without taking risk no one can't be successful in life. In gambling you can't in as a gambler if you don't have power to tolerate losses. Because as new gambler you have no experience and you don't have lot capital. In that case you have to take high risk because if you lose it's critical to add extra money from you poket. That's the reason as a new gambler don't want to take risk they played safely and they risk small the lowest amount they can play.

Valid point.

If you won't stake some, you won't win some. You can't really know the results unless you try it yourself. But of course, do it properly. Gambling recklessly and responsibly are two different ways. One way could get you in a lot of troubles and challenges, while the other could provide you entertainment and possible profit on the side. Gambling isn't gambling if there isn't asset involved so you must know how to manage risk, assess risk, and strategize to have a positive outcome. Learn when to take profit and when to cut losses to prevent further damage to your financial capability and to your mental health as well.

Dump3er

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Quote from: Suzume on December 22, 2023, 08:55:56 AM

Without taking risk no one can't be successful in life. In gambling you can't in as a gambler if you don't have power to tolerate losses. Because as new gambler you have no experience and you don't have lot capital. In that case you have to take high risk because if you lose it's critical to add extra money from you poket. That's the reason as a new gambler don't want to take risk they played safely and they risk small the lowest amount they can play.

I wouldn't put gambling into the same category as entrepreneurship. If someone has a great idea and asks me what to do with the 20k he has in the bank, I would not advise him to go into a casino and roll the dice, but instead take the risk and try to make the business idea a success. Really, this saying that if you don't take risks you can't win anything does is definitely not primarily associated with gambling! Cheesy

If you take the risk as an entrepreneur, you can at least learn something when you fail. If you take risks in gambling, you may go home with empty hands.

klidex

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Quote from: ethereumhunter on December 22, 2023, 08:35:17 AM

Quote from: adultcrypto on December 22, 2023, 07:19:28 AM

The amount to risk in gambling should depend on many factors such as the capital of the gambler and his targets. Funding a capital of $10 and risking 1% is like wasting of time. Such risk management will make sense with larger capital.

Furthermore, what you target to win will influence how much you are willing to risk for it. There is no way a target win of $1,000,000 will make sense using $0.1 stake. This seem more like a joke. So, the target is always a factor.

Unfortunately many people do not set targets which makes setting risk management difficult.

If someone targets to win, he certainly needs more than $10 because we know that in gambling, there will be losses, and these losses can be bigger if we are careful. But we know one can get big wins with small betting amounts if lucky. Unfortunately, not many can get that luck, and only a few people can really get lucky and get a lot of money. And whatever amount of capital we have for gambling must be accompanied by risk management to control the losses. If we are used to controlling the losses, we can enjoy gambling as we should.

And it's best when playing gambling. We don't need a target to achieve victory before we stop gambling because it will be difficult to achieve it. If we play luck-based gambling, it will be even more difficult because we rely on luck, and luck will not always be with us. We should enjoy gambling as entertainment so that we don't feel like targets are chasing us.

Maybe for people who set 1% to gamble in order to get a big win it seems very impossible because if we need a big profit it means we have to be willing to bet a large amount but remember gambling is a game full of risk. In my opinion using 1% is not so bad for people who don't want to lose more money because they think that if they gamble more than that it won't produce the expected results so it's better to use as little as possible so they don't experience big losses.

I agree with you that gambling cannot have a winning target set because gambling is a game where it is not certain to win or lose so we have to be able to enjoy it without having to set a target, of course as a gambler we certainly hope to win but that doesn't mean we have to set a target because the dealer cannot be determined set by the user even though the user has spent a lot of money.

Suzume

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Without taking risk no one can't be successful in life. In gambling you can't in as a gambler if you don't have power to tolerate losses. Because as new gambler you have no experience and you don't have lot capital. In that case you have to take high risk because if you lose it's critical to add extra money from you poket. That's the reason as a new gambler don't want to take risk they played safely and they risk small the lowest amount they can play.

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Quote from: adultcrypto on December 22, 2023, 07:19:28 AM

The amount to risk in gambling should depend on many factors such as the capital of the gambler and his targets. Funding a capital of $10 and risking 1% is like wasting of time. Such risk management will make sense with larger capital.

Furthermore, what you target to win will influence how much you are willing to risk for it. There is no way a target win of $1,000,000 will make sense using $0.1 stake. This seem more like a joke. So, the target is always a factor.

Unfortunately many people do not set targets which makes setting risk management difficult.

If someone targets to win, he certainly needs more than $10 because we know that in gambling, there will be losses, and these losses can be bigger if we are careful. But we know one can get big wins with small betting amounts if lucky. Unfortunately, not many can get that luck, and only a few people can really get lucky and get a lot of money. And whatever amount of capital we have for gambling must be accompanied by risk management to control the losses. If we are used to controlling the losses, we can enjoy gambling as we should.

And it's best when playing gambling. We don't need a target to achieve victory before we stop gambling because it will be difficult to achieve it. If we play luck-based gambling, it will be even more difficult because we rely on luck, and luck will not always be with us. We should enjoy gambling as entertainment so that we don't feel like targets are chasing us.

adultcrypto

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The amount to risk in gambling should depend on many factors such as the capital of the gambler and his targets. Funding a capital of $10 and risking 1% is like wasting of time. Such risk management will make sense with larger capital.

Furthermore, what you target to win will influence how much you are willing to risk for it. There is no way a target win of $1,000,000 will make sense using $0.1 stake. This seem more like a joke. So, the target is always a factor.

Unfortunately many people do not set targets which makes setting risk management difficult.

klidex

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Quote from: Weawant on December 19, 2023, 12:55:29 PM

Quote from: noormcs5 on November 29, 2023, 07:17:28 AM

Recently I decided to risk only 1 percent of my gambling portfolio into each bet. This makes my bet risk free as I know that even if I lose the bet i will lose only 1% of my gambling money.

Do you guys also follow a similar strategy like gambling with 1% or 2% on each game? This way not only we are safe from losing big amounts but at the same time, we never find ourselves in a situation where we go all in, in some bet and then have the fear of losing all of our money

This strategy is a really good one and I think is a perfect money management strategy for gambling because if you win you gain more but if you loose your lose only a little because 1% is definitely a little fraction which will be such that can let go in cases of loss. This makes this strategy more efficient and effective for money management and keeps you longer gambling.

I follow a similar strategy but mine isn't in percentage, rather in ratio. Firstly I make sure to have a budget for my gambling activity for the week or month as the case maybe so basically I try to stick to that budget and place my bets according such that if I spread my capital across three stakes, loosing two and winning one still keeps me in profit but wining two and loosing one keeps me in bigger profit, I only run loss when I loose all my stakes but then the capital for that day will be exhausted because it's been budgeted how much I will want to spend daily in the week gambling.

Yes, this strategy can be said to be safe if a gambler doesn't spend a lot of money gambling and can allocate most of the money to his personal pocket so that if he loses a small portion of the money it won't be a big problem, especially if you have 100% funds and use 1 % for gambling and making a profits, maybe that could be in your favor, but if you gamble more, you actually experience bigger losses and losses. So it's better to use as little money as possible to gamble so that it doesn't become a burden.

Your strategy in betting is also something thats should be an example, so we don't just rely on luck, but rely on several bets to anticipate that if one loses, the other bets can make a profit and with this, we don't experience continuous losses, which is different. If someone makes a bet only relying on luck, there is a greater risk of losing..

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Quote from: Silberman on December 21, 2023, 11:39:13 PM

The good thing about such advice is that it applies to anyone regardless of the money they earn, so it does not matter if you earn much more money than that, if you only spend 1% of your income in gambling then you will keep the rest of your capital intact, which you can later use to invest or to trade, two activities that can be incredibly profitable if you know what you are doing, something that I will admit that is hard to do but that given enough time and effort you could learn to do correctly.

This was good strategy for the people with more income,if the gamblers salary is 100$.So he start the gambling business with 1$,he doesn’t get any good winning using the one dollars.Because he can make one bet with that one dollars,if he win he able to go for the next bet.Incase he loss the bet money,he need to wait for the next month betting money.I had another plan for the low income gamblers,they should take 10 dollars from his salary for ten months.At the end he had 100$ as the initial,this will be the better option than using 1$ for every month.If you earn 400 dollars per month,the 40 dollars can be saved from every month to start the gambling game.

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Quote from: wakier on December 19, 2023, 03:50:35 AM

It's true that gambling with 1% won't be too risky because 1% is just a small amount that we bet. For example, poor people earn a monthly income of no more than $50, which means they can use 1% to gamble, just think of it as having fun because in my opinion, spending 1% isn't that much. big if the $50 income only uses $0.5 and that amount is a small amount for them, allocating 1% is certainly a good strategy for gamblers rather than spending more than 5%.

The good thing about such advice is that it applies to anyone regardless of the money they earn, so it does not matter if you earn much more money than that, if you only spend 1% of your income in gambling then you will keep the rest of your capital intact, which you can later use to invest or to trade, two activities that can be incredibly profitable if you know what you are doing, something that I will admit that is hard to do but that given enough time and effort you could learn to do correctly.

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Quote from: RockBell on December 19, 2023, 03:19:19 AM

Quote from: Pierre 2 on December 15, 2023, 06:36:45 AM

I think that's good starting point to control your gambling habits. Best gamblers grow from people with great willpower. This wouldn't make you the best gambler in life because obviously you lower your risks far greater than average. But in return your gambling experience will be much better because you will never be worried about amount of money you are losing.. Clear mind always helps when you are gambling. And your bank account won't be that hurt.

The most beneficial thing that can happen to any individual is for them to be able to control their gambling habits and they will succeed and flourish well in gambling because a lot of people up until now still don't understand gambling you must understand the entire process than control your willpower, not every game you see you play. A gambler is expected to have a very good strategy to play, and you will see a lot of people killing themselves just because they lost a bet, and it is not worth it at all, and you know one thing about people, they will always look for people to blame, forgetting that it is their own fault because they used their hand, forgetting that they were not forced to do so. Some people learn easily and retrace their part while some will still continue recklessly that is life.

Stopping gambling would of course be ideal for many people, and should do that if they could. However, I agree that if they can't, then controlling it is a lot better and should be the important key factor there. I think it is not that easy to handle it all, and we should consider something like this as the most important part of it. It's quite tough to not have anything that would change it all together and could end up gambling very well without having any issues at all.

We need to just keep on working towards making it a better place for us, and if we could have that nice little control on how much we spend on gambling, we could end up with a greater return without a doubt. I know that it is going to be something that will take some time, but it is not going to be impossible neither. Life moves on and if we could get better at it then we will not be facing any issues neither, we just need to get better at what we do and we will definitely be getting some improvements.

Weawant

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Quote from: noormcs5 on November 29, 2023, 07:17:28 AM

Recently I decided to risk only 1 percent of my gambling portfolio into each bet. This makes my bet risk free as I know that even if I lose the bet i will lose only 1% of my gambling money.

Do you guys also follow a similar strategy like gambling with 1% or 2% on each game? This way not only we are safe from losing big amounts but at the same time, we never find ourselves in a situation where we go all in, in some bet and then have the fear of losing all of our money

This strategy is a really good one and I think is a perfect money management strategy for gambling because if you win you gain more but if you loose your lose only a little because 1% is definitely a little fraction which will be such that can let go in cases of loss. This makes this strategy more efficient and effective for money management and keeps you longer gambling.

I follow a similar strategy but mine isn't in percentage, rather in ratio. Firstly I make sure to have a budget for my gambling activity for the week or month as the case maybe so basically I try to stick to that budget and place my bets according such that if I spread my capital across three stakes, loosing two and winning one still keeps me in profit but wining two and loosing one keeps me in bigger profit, I only run loss when I loose all my stakes but then the capital for that day will be exhausted because it's been budgeted how much I will want to spend daily in the week gambling.

doomloop

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Quote from: slapper on December 17, 2023, 11:47:10 AM

A gambler utilizing 1% for safety? With their 1% method, these gamblers don't take little wins. They give their all with that 5% or more. Gambling is all about the excitement and huge win! Not for faint-hearted or penny-pinchers. It’s for those who dare, who dream big. Gamblers hunt the feast, not the leftovers. Consider losing with dignity. Yes, it's necessary, but who goes to the casino to brag about losing gracefully? Gambling is for the excitement of overcoming the odds. Your statement of small-bet gamblers making money is rare. Risk and daring are gambling's core. You must commit without hesitation. Let's promote daring, unafraid gambling that seeks the next big thrill. Gambling is about the legend, and nobody writes legends with careful bets.

There is nothing wrong with unafraid gambling as long as a person can afford to do that. It all boils down to affordability at the end of the day. A person with a total budget of $100 for a week cannot practice unafraid gambling or become a daring gambler because that will need him to spend more money than his caliber and if he becomes excited and does that, he will get nothing but will have to face defeat and exit the casino way before the time they could normally spend with that money.

So, we can promote daring and unafraid gambling, but we need to make sure that we are not misguiding people with low budgets because they might become daring and everything but it won't be of any use for them since they don't have a budget that they can use to generate that much excitement.

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Quote from: Westinhome on December 16, 2023, 06:59:02 PM

Quote from: Oilacris on December 16, 2023, 06:43:54 PM

You should really be doing this from the start on which you should really be that responsible for whatever things that you are dealing with. You cant really just that make yourself that having that all in thing when it comes to gambling on which we know that spending up the money on which you cant really afford to lose or simply talking about life savings would really be a huge problem or disaster.
Starting up with 1% would really be avoiding you on getting wrecked in the end because it is really just that a small and it cant really be able to for it to destroy you when it comes
to your finances. This is a must thing to consider because you cant really just that make yourself that too confident on spending huge with gambling knowing the
odds would be always against you.

The gambler who was ready to take risk in the gambling alone may have a chance of winning the money.But the gamblers who had a potential to make huge deposits was the huge winner most of the time.The gamblers who had free money can use to do the gambling,gambling with the hospital expenses or school fee is not the better option.Many gamblers using the important money and get hate towards the gambling.Instead the gamblers can play with the free money and if they loss means it won’t affect the gamblers at any point.If they win means,it will be additional free money for the gamblers to keep for their expenses.

In general, it has to be like that where people who gamble must be prepared for the risks that will occur because there is a big possibility that they will lose. but all of that turns around, many gamblers who gamble are not prepared for the risks involved so they spend a lot of money because they are annoyed with gambling that does not match their hopes and expectations. Also they shouldn't have high hopes for gambling because it will only be torturous. themselves in the future, many of them have experienced loses in quite large amounts and this has become a problem that is not strange because it is possible that many gamblers do this under their own awareness.

there is some truth to that, they gamble using free money or bonus money that could be the result of their work, that way they won't think too much about the losses they get if they lose and like you said, even if they win it will be extra money for them. On the other, hand many of them gamble using their savings because the money they have has run out so they dare to use their savings to double it, but that is the wrong step.

Hirose UK

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Quote from: Silberman on December 19, 2023, 02:19:14 AM

Quote from: Oilacris on December 16, 2023, 06:43:54 PM

Quote from: Pierre 2 on December 15, 2023, 06:36:45 AM

~snip~

You should really be doing this from the start on which you should really be that responsible for whatever things that you are dealing with. You cant really just that make yourself that having that all in thing when it comes to gambling on which we know that spending up the money on which you cant really afford to lose or simply talking about life savings would really be a huge problem or disaster.
Starting up with 1% would really be avoiding you on getting wrecked in the end because it is really just that a small and it cant really be able to for it to destroy you when it comes
to your finances. This is a must thing to consider because you cant really just that make yourself that too confident on spending huge with gambling knowing the
odds would be always against you.

Only betting 1% from the very beginning is important, because someone that starts making higher bets than that may be unable to reduce the amount of money they gamble as they cannot get the same excitement by betting such a low amount anymore, so even if they try to follow that advice they may be unable to keep doing so for long, and this can be very costly as even if betting 5% to 10% of your income may not seem like much, when you add all of that money you have spent for years and then you think about the money you could have obtained if you invested in bitcoin, the amount that you will get out of this calculation will surely surprise you.

After thinking about it logically, setting the lowest nominal betting amount will be very useful in building financial stability and can also prevent gamblers from experiencing large losses.
But every gambler has their own limits, in fact we will never find the same amount even though they are the same in the percentage of 1% to 10%, but the amount if calculated by value will be different.
This is why within certain percentage limit, not everyone can accept it because they will only bet the amount they feel they can afford to use in gambling which is always full of losses. I asked several gamblers, they had different answers.
It is difficult to calculate the limit percentage for each gambler and I would appreciate those who have limits according to ability.

Of course we will find surprising amounts calculated because Bitcoin in the long term has an increasingly higher value and if the amount we use to invest in Bitcoin then we can find a much greater value.
But this is gambling and it here to have fun so matching spending on gambling with spending on investing in Bitcoin is incomparable.

wakier

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Quote from: Sanitough on December 15, 2023, 06:23:02 AM

Quote from: DabsPoorVersion on December 15, 2023, 04:48:27 AM

There should be no worries or imagine how the poor people can do this, because even the poor or an average person is capable of following this strategy or simply set an individual limit which is not that high amount to avoid losing a lot of money than expected. Aside from that, this strategy doesn't need to be followed by everyone, it's just another option. As long as an individual gambler can control his spending in gambling, whatever the strategy is the better.

This strategy is more to be safe in gambling. As what everyone sees, gambling is a high risk type of entertainment, because there's a possbility that we lose control and we would spend more than we can afford to lose. This "do not spend what we can afford to lose" principle doesn't state how many percentage we should only risk, however, if that's 1% of your income, that's very safe, the only risk here is we won't be able to consistently follow it.

It's true that gambling with 1% won't be too risky because 1% is just a small amount that we bet. For example, poor people earn a monthly income of no more than $50, which means they can use 1% to gamble, just think of it as having fun because in my opinion, spending 1% isn't that much. big if the $50 income only uses $0.5 and that amount is a small amount for them, allocating 1% is certainly a good strategy for gamblers rather than spending more than 5%.

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Quote from: Pierre 2 on December 15, 2023, 06:36:45 AM

I think that's good starting point to control your gambling habits. Best gamblers grow from people with great willpower. This wouldn't make you the best gambler in life because obviously you lower your risks far greater than average. But in return your gambling experience will be much better because you will never be worried about amount of money you are losing.. Clear mind always helps when you are gambling. And your bank account won't be that hurt.

The most beneficial thing that can happen to any individual is for them to be able to control their gambling habits and they will succeed and flourish well in gambling because a lot of people up until now still don't understand gambling you must understand the entire process than control your willpower, not every game you see you play. A gambler is expected to have a very good strategy to play, and you will see a lot of people killing themselves just because they lost a bet, and it is not worth it at all, and you know one thing about people, they will always look for people to blame, forgetting that it is their own fault because they used their hand, forgetting that they were not forced to do so. Some people learn easily and retrace their part while some will still continue recklessly that is life.

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Quote from: Oilacris on December 16, 2023, 06:43:54 PM

Quote from: Pierre 2 on December 15, 2023, 06:36:45 AM

I think that's good starting point to control your gambling habits. Best gamblers grow from people with great willpower. This wouldn't make you the best gambler in life because obviously you lower your risks far greater than average. But in return your gambling experience will be much better because you will never be worried about amount of money you are losing.. Clear mind always helps when you are gambling. And your bank account won't be that hurt.

You should really be doing this from the start on which you should really be that responsible for whatever things that you are dealing with. You cant really just that make yourself that having that all in thing when it comes to gambling on which we know that spending up the money on which you cant really afford to lose or simply talking about life savings would really be a huge problem or disaster.
Starting up with 1% would really be avoiding you on getting wrecked in the end because it is really just that a small and it cant really be able to for it to destroy you when it comes
to your finances. This is a must thing to consider because you cant really just that make yourself that too confident on spending huge with gambling knowing the
odds would be always against you.

Only betting 1% from the very beginning is important, because someone that starts making higher bets than that may be unable to reduce the amount of money they gamble as they cannot get the same excitement by betting such a low amount anymore, so even if they try to follow that advice they may be unable to keep doing so for long, and this can be very costly as even if betting 5% to 10% of your income may not seem like much, when you add all of that money you have spent for years and then you think about the money you could have obtained if you invested in bitcoin, the amount that you will get out of this calculation will surely surprise you.

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Quote from: slapper on December 17, 2023, 11:47:10 AM

Quote from: klidex on December 16, 2023, 08:12:12 PM

Quote from: Oilacris on December 16, 2023, 06:43:54 PM

Quote from: Pierre 2 on December 15, 2023, 06:36:45 AM

I think that's good starting point to control your gambling habits. Best gamblers grow from people with great willpower. This wouldn't make you the best gambler in life because obviously you lower your risks far greater than average. But in return your gambling experience will be much better because you will never be worried about amount of money you are losing.. Clear mind always helps when you are gambling. And your bank account won't be that hurt.

You should really be doing this from the start on which you should really be that responsible for whatever things that you are dealing with. You cant really just that make yourself that having that all in thing when it comes to gambling on which we know that spending up the money on which you cant really afford to lose or simply talking about life savings would really be a huge problem or disaster.
Starting up with 1% would really be avoiding you on getting wrecked in the end because it is really just that a small and it cant really be able to for it to destroy you when it comes
to your finances. This is a must thing to consider because you cant really just that make yourself that too confident on spending huge with gambling knowing the odds would be always against you.

A gamblers who dares to take risk will definitely use more than 1% of the money they use for gambling, maybe around 5%, they can use thats money to make extra money, but they remain consistent with that 5% if they don't make anything and have already spent it they will stoped, everyone definitely has differented financial arrangement depending on how they manage it in such a way as long as they can afford to lose that money, the most important thing is that we can accept losing or winning and not be greedy, for people who use 1% it's not a problem, that's a step This is a good thing to do for gamblers who thinks they cannot afford to lose a lot. But it seem that not many gamblers really only use 1% if their goals is to make a profits because 1% is small money and will be used up for bet in a short times but that okay as long as the 1% money does not affect your mind because usually gambler always thinking about his losses.

However, if there are gambler who can make money with thats 1% of money, then these gambler really use small money to make extra money. I have heard of gamblers who can winning bets with small money, whereas gambler who bet with big money definitely experience losses because they cannot use it in contrast to someone who has good financial management such as using money with no more than 1%

A gambler utilizing 1% for safety? With their 1% method, these gamblers don't take little wins. They give their all with that 5% or more. Gambling is all about the excitement and huge win! Not for faint-hearted or penny-pinchers. It’s for those who dare, who dream big. Gamblers hunt the feast, not the leftovers. Consider losing with dignity. Yes, it's necessary, but who goes to the casino to brag about losing gracefully? Gambling is for the excitement of overcoming the odds. Your statement of small-bet gamblers making money is rare. Risk and daring are gambling's core. You must commit without hesitation. Let's promote daring, unafraid gambling that seeks the next big thrill. Gambling is about the legend, and nobody writes legends with careful bets.

That is talking the same as to ask people to play for entertainment purposes only and that means paying for that entertainment with that 1% the people are risking.I think that is the right thing to do though as people going to gambling to win big with 1% most likely will never hit anything substantial unless their 1% is a huge amount.So in order to be successful and not risk it I think it is the best to think of gambling as entertainment only,sure there is a small percentage who make it to winning big but most of the people lose money over the long term.

One thing is for sure that people that are not of a faint heart are the ones who usually are bold enough to win it big and as that saying says fortune favors the bold.

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Quote from: klidex on December 16, 2023, 08:12:12 PM

Quote from: Oilacris on December 16, 2023, 06:43:54 PM

Quote from: Pierre 2 on December 15, 2023, 06:36:45 AM

I think that's good starting point to control your gambling habits. Best gamblers grow from people with great willpower. This wouldn't make you the best gambler in life because obviously you lower your risks far greater than average. But in return your gambling experience will be much better because you will never be worried about amount of money you are losing.. Clear mind always helps when you are gambling. And your bank account won't be that hurt.

You should really be doing this from the start on which you should really be that responsible for whatever things that you are dealing with. You cant really just that make yourself that having that all in thing when it comes to gambling on which we know that spending up the money on which you cant really afford to lose or simply talking about life savings would really be a huge problem or disaster.
Starting up with 1% would really be avoiding you on getting wrecked in the end because it is really just that a small and it cant really be able to for it to destroy you when it comes
to your finances. This is a must thing to consider because you cant really just that make yourself that too confident on spending huge with gambling knowing the odds would be always against you.

A gamblers who dares to take risk will definitely use more than 1% of the money they use for gambling, maybe around 5%, they can use thats money to make extra money, but they remain consistent with that 5% if they don't make anything and have already spent it they will stoped, everyone definitely has differented financial arrangement depending on how they manage it in such a way as long as they can afford to lose that money, the most important thing is that we can accept losing or winning and not be greedy, for people who use 1% it's not a problem, that's a step This is a good thing to do for gamblers who thinks they cannot afford to lose a lot. But it seem that not many gamblers really only use 1% if their goals is to make a profits because 1% is small money and will be used up for bet in a short times but that okay as long as the 1% money does not affect your mind because usually gambler always thinking about his losses.

However, if there are gambler who can make money with thats 1% of money, then these gambler really use small money to make extra money. I have heard of gamblers who can winning bets with small money, whereas gambler who bet with big money definitely experience losses because they cannot use it in contrast to someone who has good financial management such as using money with no more than 1%

A gambler utilizing 1% for safety? With their 1% method, these gamblers don't take little wins. They give their all with that 5% or more. Gambling is all about the excitement and huge win! Not for faint-hearted or penny-pinchers. It’s for those who dare, who dream big. Gamblers hunt the feast, not the leftovers. Consider losing with dignity. Yes, it's necessary, but who goes to the casino to brag about losing gracefully? Gambling is for the excitement of overcoming the odds. Your statement of small-bet gamblers making money is rare. Risk and daring are gambling's core. You must commit without hesitation. Let's promote daring, unafraid gambling that seeks the next big thrill. Gambling is about the legend, and nobody writes legends with careful bets.

Topic: Risking 1% in Gambling - page 17. (Read 4391 times)