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Topic: Risking 1% in Gambling - page 19. (Read 4395 times)

legendary
Activity: 2716
Merit: 1092
Leading Crypto Sports Betting & Casino Platform
December 13, 2023, 02:33:29 PM
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.

I don't follow that procedure nor will I call it a strategy. I will gamble depending on my self-decision at that moment. In gambling, either winning or losing, both can bring out the eagerness of the gambler to just continue. Any supposed percentage of the money won't surely be followed properly because of that eagerness. Even if we already reached that said percentage as a limit, it won't give an assurance that we will stop from there.

Just try to force ourselves to stop at a given point where we think shit is now happening and the bankroll will soon be wrecked.

Agree with you, there is no percentage strategy in placing bets when gambling, because it has no effect on the winning results that we will get. In my opinion, the right strategy is the right behavior by being able to control yourself appropriately and being aware within yourself that winning and losing will definitely happen.

If a gambler bets with only 1% of his money but plays continuously, he will still suffer huge losses due to the lack of good control when gambling. So what you say is true, trying to force yourself to stop when you have spent a lot of money or have won, in my opinion that is a good strategy or step in gambling.

The truth is that if you are involved in purely luck-based betting then obviously any method or strategy that you bring and apply to gambling is actually not going to be useful at all, okay yes maybe you see that the strategy is useful when used by other people with successful wins but I want to ask if the people you see can get consistent results by applying the strategy? honestly will say no and I don't believe it, and I'm sure maybe you only see when they get one win using that strategy so you believe that the strategy can really be useful and influential to increase the percentage of luck.

Honestly I've tried some strategies that my friend said had a pretty good percentage of increasing the chances of winning but when I tried it didn't work at all and I lost quite a lot of money at the time. So basically if you want to engage in gambling better don't think about anything including something that can get you closer to winning, better just focus on some precautions such as self-control and limits. And also no matter how much you budget even though the value is very small if you do it quite often then obviously the amount of defeat will still be large. The right thing is, limit the budget and also limit your time to gamble, these two things cannot be separated if you really don't want to suffer a lot of losses.
legendary
Activity: 3052
Merit: 1188
December 13, 2023, 01:59:31 PM
I don't follow that procedure nor will I call it a strategy. I will gamble depending on my self-decision at that moment. In gambling, either winning or losing, both can bring out the eagerness of the gambler to just continue. Any supposed percentage of the money won't surely be followed properly because of that eagerness. Even if we already reached that said percentage as a limit, it won't give an assurance that we will stop from there.

Just try to force ourselves to stop at a given point where we think shit is now happening and the bankroll will soon be wrecked.
Agree with you, there is no percentage strategy in placing bets when gambling, because it has no effect on the winning results that we will get. In my opinion, the right strategy is the right behavior by being able to control yourself appropriately and being aware within yourself that winning and losing will definitely happen.

If a gambler bets with only 1% of his money but plays continuously, he will still suffer huge losses due to the lack of good control when gambling. So what you say is true, trying to force yourself to stop when you have spent a lot of money or have won, in my opinion that is a good strategy or step in gambling.
That's true and I agree with that too. I think it's clear that some people would prefer some situation where it would be wiser to just bet lesser and that's true, but in a bankroll sense and not result based sense. If you want to gamble lesser because you want to avoid losing all your money quickly then this idea would work, if you are gambling lesser because you think betting less would be easier to make a profit from then I think it should be important to remember that you are going to end up with a lot of issues.

I think it should be reminded that we are going to end up with some situation that should not be all that easy and it could definitely cause a lot of trouble for you on the long run, hence you need to be careful about it. I get that it may not be all that simple, but it is going to end up with some amazing situations for the long term.
sr. member
Activity: 1470
Merit: 256
December 13, 2023, 02:55:34 AM
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.

I don't follow that procedure nor will I call it a strategy. I will gamble depending on my self-decision at that moment. In gambling, either winning or losing, both can bring out the eagerness of the gambler to just continue. Any supposed percentage of the money won't surely be followed properly because of that eagerness. Even if we already reached that said percentage as a limit, it won't give an assurance that we will stop from there.

Just try to force ourselves to stop at a given point where we think shit is now happening and the bankroll will soon be wrecked.

Agree with you, there is no percentage strategy in placing bets when gambling, because it has no effect on the winning results that we will get. In my opinion, the right strategy is the right behavior by being able to control yourself appropriately and being aware within yourself that winning and losing will definitely happen.

If a gambler bets with only 1% of his money but plays continuously, he will still suffer huge losses due to the lack of good control when gambling. So what you say is true, trying to force yourself to stop when you have spent a lot of money or have won, in my opinion that is a good strategy or step in gambling.
hero member
Activity: 1330
Merit: 585
Leading Crypto Sports Betting & Casino Platform
December 13, 2023, 02:42:20 AM
1% is a good strategy although I don't use 1% but about 5% of my monthly income which is below $70k. Whatever amount of percentage a gambler chooses to make use of let it be that it's  a percentage he is comfortable losing because everyone can't gamble same way as your urge for gambling longer time might be higher than mine so my percentage may not fit into that of yours but the button line should be that you are in a comfortable position in losing it. Just as OP had said, when we use that which can afford to losing to gamble we feel  settled within and won't be battling with all the anxiety that do come with gambling risk.
Everyone must have a different percentage, it also depends on how much your income monthly. I think 5% still makes sense as long as you don't mind with the percentage and it is still reasonable amount of money. You said you get about $70,000 monthly, right? So, you allocate about $3,500 monthly? You may think it is not a big amount of money, but other people like me will think it is a very big amount of money. My monthly income even can't reach $3,500 monthly.

Sure, each gambler ideally use the amount of money that they afford to lose. So, when we fail to get the prizes in gambling, we don't mind to lose the amount of money. Gambling never guarantees the win, we must gamble in a safe way. Using the amount of money that we don't mind if we lose them, is the right way to apply in anticipating the losses.


everyone has a different income every month although he will be able to lose $3500 in a month for gambling it doesn't matter to him even though to us it looks very big but anyway it is already quite small for him and most importantly the responsibility for his gambling he will not lose more than that and remain consistent with previously established commitments.

and we as gamblers who have an income below that, we also still have the right to take below 5%, which is much better because if we have an income of for example $300, at least we can set aside $9 or 3% of our monthly income so that we can use the remaining income for other things more important.
I really understand this condition but the most important thing is dont always be tempted by gambling and dont be tempted by other people big wins which sometimes provoke our minds to try it and still maintain our commitment not to break these rules and as OP said this is the best way to keep gambling safely comfortable and safe.
hero member
Activity: 798
Merit: 1045
Goodnight, ohh Leo!!! 🦅
December 12, 2023, 06:45:43 PM
This strategy would actually workout but you also need to consider the fact that doubling your stakes could also create an opportunity and increase the possibilities of having your wins more quickly..

gambling with %1 of your bankroll and income could possibly be an evenue to instil discipline in you; sometimes, indiscipline and carelessness could be the only thing you need to make it cut!

Sandra 🧑‍🦰
hero member
Activity: 2086
Merit: 553
Leading Crypto Sports Betting & Casino Platform
December 12, 2023, 06:13:00 PM
1% is a good strategy although I don't use 1% but about 5% of my monthly income which is below $70k. Whatever amount of percentage a gambler chooses to make use of let it be that it's  a percentage he is comfortable losing because everyone can't gamble same way as your urge for gambling longer time might be higher than mine so my percentage may not fit into that of yours but the button line should be that you are in a comfortable position in losing it. Just as OP had said, when we use that which can afford to losing to gamble we feel  settled within and won't be battling with all the anxiety that do come with gambling risk.
Everyone must have a different percentage, it also depends on how much your income monthly. I think 5% still makes sense as long as you don't mind with the percentage and it is still reasonable amount of money. You said you get about $70,000 monthly, right? So, you allocate about $3,500 monthly? You may think it is not a big amount of money, but other people like me will think it is a very big amount of money. My monthly income even can't reach $3,500 monthly.

Sure, each gambler ideally use the amount of money that they afford to lose. So, when we fail to get the prizes in gambling, we don't mind to lose the amount of money. Gambling never guarantees the win, we must gamble in a safe way. Using the amount of money that we don't mind if we lose them, is the right way to apply in anticipating the losses.

sr. member
Activity: 697
Merit: 253
December 12, 2023, 05:17:26 PM
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.

I don't follow that procedure nor will I call it a strategy. I will gamble depending on my self-decision at that moment. In gambling, either winning or losing, both can bring out the eagerness of the gambler to just continue. Any supposed percentage of the money won't surely be followed properly because of that eagerness. Even if we already reached that said percentage as a limit, it won't give an assurance that we will stop from there.

Just try to force ourselves to stop at a given point where we think shit is now happening and the bankroll will soon be wrecked.
hero member
Activity: 910
Merit: 507
December 12, 2023, 04:58:34 PM
1% is a good strategy although I don't use 1% but about 5% of my monthly income which is below $70k. Whatever amount of percentage a gambler chooses to make use of let it be that it's  a percentage he is comfortable losing because everyone can't gamble same way as your urge for gambling longer time might be higher than mine so my percentage may not fit into that of yours but the button line should be that you are in a comfortable position in losing it. Just as OP had said, when we use that which can afford to losing to gamble we feel  settled within and won't gbe battling with all the anxiety that do come with gambling risk.
You are right though, what ever percent of one's monthly income he  or she decides to use for gambling is really his or her business, nothing is wrong as long it's an amount he or she is very comfortable losing.

For me, I would sincerely say that I am not a frequent gambler, and for this, I most of the time use even less than 1 percent of my entire monthly income for gambling, and I am always happy whether I win or lose, for in the end, even if I lost the money, (which is actually what happens most of the time) I am still very much comfortable and happy because, the amount in question is the same as nothing in real sense.

So in the nutshell, gamblers should always stick with betting with an amount they can comfortably lose, not set a percentage of amount they will use to gamble, from their total monthly earning, I personally do not see this as important.
hero member
Activity: 2282
Merit: 560
_""""Duelbits""""_
December 12, 2023, 04:45:29 PM
It happens if we have a good enough job and a guaranteed monthly income to do that but for those who are on the average line with a monthly income from the salary of the work done actually I think this is still lacking and it happens for myself.
In my country the average salary received is around $200-$300 per month which means that if we spend 1 percent of our monthly income indirectly it means that one month we only have to spend $2-$3 which is not really enough.
Although that is a good guideline so that we dont get too carried away in gambling but  i still do it my way where i do it with a slightly larger nominal where in a month i might be able to be in the range of $15-$20 which means that it is 10 percent of the income that i get. Although this is considered too much for some people but im comfortable with this and it also doesnt interfere with the quality of the economy that i have so i dont have a problem with the amount that i spend.
You cant really be able to play with those small amounts on which you would really be seeing to be for it to be non relevant. We do know that it isnt something that could really be that make
us contented considering that not all people do really be earning on the same level as other could have. If you are earning $200 in a month then 1% of that would really be just that $2.
Then talking about realistically then even sending out those funds would already cost you more that on the amount that you are risking on which means that there's no really sense on doing so.
As long you do really know on how to handle up yourself when it comes to capital or bankroll handling then you should really be just that fine.
As I said before even though it's a good guideline but at the end of the day we can't make it a benchmark because for the problem of satisfaction in the game it won't be enough if you look at the existing guidelines and the total salary I have so I prefer to avoid that and play a little bigger.
Even though I may violate the rules for some parties but I don't think it will be a problem as long as I don't feel too much loss with what I do and for other money such as household needs (in daily life) unexpected needs and for savings it is not disturbed then I don't think it is a problem to exceed (not only 1 percent like the guidelines) because in the end satisfaction is also quite important in this case and I prefer that option when compared to existing guidelines even though the intention is good to minimize addiction and lose big but in the end it is not too used if our income in the average monthly salary is small.
sr. member
Activity: 1313
Merit: 302
December 12, 2023, 01:31:21 AM
1% is a good strategy although I don't use 1% but about 5% of my monthly income which is below $70k. Whatever amount of percentage a gambler chooses to make use of let it be that it's  a percentage he is comfortable losing because everyone can't gamble same way as your urge for gambling longer time might be higher than mine so my percentage may not fit into that of yours but the button line should be that you are in a comfortable position in losing it. Just as OP had said, when we use that which can afford to losing to gamble we feel  settled within and won't gbe battling with all the anxiety that do come with gambling risk.

This strategy may be acceptable to the gamblers had their income more than 2.5k dollars,because the one percentage of the 2500 will be 25$ which is reasonable one for the gambling.We know the minimum gambling amount for one bet will be one dollar in both casino and sports betting.If the gamblers starts with 25$ may be allow him to spend few minutes in the gambling and allow them to earn some knowledge about the gambling site.The gamblers should choose the amount which is affordable one to loss in the gambling site,if they are not willing to loss more it was better to start with minimum amount in the gambling sites.If the gamblers get depressed by losing their money in gambling,they will not back up to the gambling again.This was considered to be the reason for involvement of affordable to lose as their deposit to gambling site.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
December 12, 2023, 01:20:22 AM
Looking at the article you'd understand that it's not only limited to wagering 1%, the player is required to adjust according to the amount he earns each month or annually. This is a good strategy for gamblers to always manage their funds and lead a valuable gambling experience. Nothing is wrong in staking games with 1% of our income, regardless of how much we'd earn from gambling the little amount. It's better to depend on the money we earn from business than money made via gambling. As it's not a place to make money or earn a living. It's a bad decision to spend all the money we make from business or company in gambling hoping to triple our profits. The trauma such a decision can cause to a gambler would be enormous, as he won't withstand the number of losses attributed to gambling. However, not everyone would love to adhere to this type of advises, and they'll go ahead to wager more than they can lose. Affected in business productivity, the gambler would lose more; in gambling and income sources.

Wouldn't it be a severe problem for the gambler? Gamblers must follow instructions from gambling experts, as there is a reason why they devise such methods of coping with money management. Many have experienced the downside of loss of money control in gambling. And doesn't wish for somebody else to pass through similar disputes.

However, it's not easy to stick to those instructions, because we all enjoy gambling and would prefer to get more of the thrills. Then we forget that the thrill isn't a thrill if we end up regretting our actions. Now believing after the whole game, that the thrill was a trick, puts gamblers to another level of anxiety. Those who seize to practice what they've learned about gambling face more difficult times, and find it hard to give up the bad habit. As they wish to recover all the losses at one go, wagering more money for a jack pot. Which doesn't come easily, and before it arrives the gambler may have chattered his income and derailed productivity. Therefore, he becomes half addicted feels bittered about gambling, and is not able to help himself. Hence, whenever we gamble, it's important to manage the money we earn through businesses, then follow advice like OP's.
Every gambler must have an allocation that will be used for gambling. They should not gamble with too much money because it can cause problems for them and they can also gamble for too long, which can trigger them to become addicted to gambling. If we can set a certain amount of funds for gambling and always maintain that limit so as not to exceed it, we will not lose too much money because we always control the amount of money remaining so that we can stop immediately when the money starts to decrease a lot. That means we have to anticipate losing money again because if not, we will immediately spend all the money allocated for one day. Meanwhile, we will still gamble on other days, so we really have to be able to limit our gambling activities well. And it will indeed traumatize us because we have lost a lot of money from gambling but it doesn't seem to stop the gamblers from immediately reducing their gambling activities. They will only take bigger risks because they still want to gamble to chase wins or recover their losses.

Yes, it will cause serious problems for gamblers but they should be able to anticipate it from the start by having self-control and staying within their limits. Unfortunately, most gamblers still follow their egos to continue gambling even though they don't get good results or don't get a decent win. Many people have experienced losses from gambling because they lost control of themselves, so we have to be really careful in protecting ourselves while gambling. If we feel like we are on the verge of losing control, we can stop gambling and take a break and it would be even better if we could just leave the casino.

We can only practice self-control so that things that we don't want to happen while gambling. Even though we have pleasure, we will not try to pursue that pleasure because we know that it will only bring us problems. We will not gamble too often because we know that it will only cause more problems and later, we will regret what we have done. And when they realize that they must always control themselves, they will not want to risk too much money, especially if they have seen what consequences they will receive from doing so. They will always try to avoid depositing more money into their gambling account in addition to maintaining self-control because only self-control can keep them aware that gambling is just entertainment.
legendary
Activity: 2534
Merit: 1338
December 12, 2023, 12:36:08 AM
Risking 1% in gambling is good but the income that comes with it when all your games are won might not be enough for those who want to make some profits from gambling.
My kind of risk in gambling is 3%. The reason for the 3% is that, Let it be that anytime I win, my win money, I will use it to get something good for myself

3% is still a reasonable amount so that is fine, however mostly we are talking about recreational gamblers here, if someone is trying to become a professional and they actually have a method to do it then without a doubt they will need to use a larger amount than that in order to produce enough profits to get to pay their bills through gambling, however since so few people can do that, it is better to start with a low amount, and only once you are sure you can do it you can increase that amount.
sr. member
Activity: 644
Merit: 262
December 12, 2023, 12:27:26 AM
1% is a good strategy although I don't use 1% but about 5% of my monthly income which is below $70k. Whatever amount of percentage a gambler chooses to make use of let it be that it's  a percentage he is comfortable losing because everyone can't gamble same way as your urge for gambling longer time might be higher than mine so my percentage may not fit into that of yours but the button line should be that you are in a comfortable position in losing it. Just as OP had said, when we use that which can afford to losing to gamble we feel  settled within and won't gbe battling with all the anxiety that do come with gambling risk.
hero member
Activity: 1092
Merit: 507
Leading Crypto Sports Betting & Casino Platform
December 12, 2023, 12:01:34 AM
Yep, that's true, because gambling doesn't always give us profits by multiplying our gambling. Well, believing that gambling is a way to overcome poverty is of course wrong, because it is impossible for them to win so smoothly. I mean it's impossible for gambling to always go according to wishes because what I know is that gambling only costs a lot of money and doesn't make a lot of money, especially if it happens often, it's very impossible, there are often losses rather than frequent profitable wins.

For those with limited incomes whose monthly income is only enough to meet their daily needs, I don't think they should force themselves to set a budget for gambling, it's better for them to focus on their daily economic needs. they can gamble if they have bonus money from the job they have, meaning they can gamble with more money than what they usually get, maybe that's not a problem. as long as you can control yourself. When they gamble with a bonus budget from work and lose, they have to stop and not force themselves to continue gambling, let alone use the money for their economic needs. Even if they almost win, they are not advised to continue gambling. So it's better to stop when you really have to stop or they will become addicted to gambling which will drain a lot of their money.
You're right; the seductive of gambling as a short-term solution to money problems is crazy. We are aware of the excitement and adrenaline rush in gambling But let's face it: the chances are rarely in the gambler's advantage. Doesn't the home always win? NIf gambling is entertainment, why not treat it like a movie ticket purchase? You don't pay for a yield on investment - you pay for the experience. It's okay for them to gamble with spare money as long as it's done for enjoyment rather than as a means of making money

However, what about restraint? Though it's easier said than done, we know. Excitement can swiftly transform into a routine, and routines into addiction. Is it not crucial to understand the fine line that separates compulsive gambling from recreational gaming? They wager, they lose; they then pursue losses, and so on. Is it not time for us to speak out more in favor of responsible gaming? Isn't awareness the key? They gamble for entertainment purposes only, so when it begins to jeopardize their financial security, it's best to cut back. Isn't it wiser to err on the side of caution and place a higher priority on stable finances than transient thrills?

Of course, the host will always win in this case, because those who have everything there is no way  they will easily give the gambler a win just like that. The main thing is that they will drain all the money that the gamblers have, and sometimes when the balance that they have starts to recede the game returns to give a small victory to increase the balance they have and not long  the game becomes bad again and the balance they have is depleted, with the trick of giving a small  victory this is also a factor where gamblers are made sure of the game they play to get a victory with the phrase "almost won".  so it is likely that they will return to gambling, because they experience it. is the sensation that exists in gambling the same as the sensation of watching a movie?
So do you think it's okay for them to gamble using their savings, even if it's for entertainment?

Of course you know how to refrain from gambling,  there's no way you don't know that. That's nonsense.
Now let me ask you, how about gambling responsibly? Isn't that also something that is easy to say but hard to do?
Rare is the person who gambles responsibly, with boundaries, with self-restraint. not all gamblers can do that my friend. it's easy to say but not easy to do. is that right?
hero member
Activity: 3136
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December 11, 2023, 11:45:19 AM
I don't follow any type of betting strategy but if this works for you and you are risking likely a free money from your household income, that works better. When you do this, if the income of the household is quite high then 1% is going to be high as well. But for those that have lesser income then this obviously is just a small amount of their entire income.

Needless to say, as long as the amount is bearable and won't be a source of quarrel between husband and wife then it's all good to just gamble with it, and if you can slash some more, much better. The discipline that we all have are varying from gambler to gambler so, if 1% is already enough then please don't go more than that because it is you that's going to have more problems on it and you have to deal with it later on.

If you follow this religiously and works for you perfectly. Keep the strategy and maintain it.

The gambler should have the attitude of keeping their own strategy for the game betting,this 1% percentage of the income is also the gambling fund’s handling strategy.Instead of using the one percentage of income,the gambler may choose to have 10 percentage of income to the gambling.So the gambler can experienced the real gambling game,it may help him to learn how to play that specific game,even if the gambler had loss of money in the gambling site.The gambler should understand the difference between using the free money to the gambling site and to the money for the immediate money into the gambling.The gambler should not do use of mostly needed money into gambling.
Increasing your budget in gambling doesn't mean that you're going to have more real gambling experience. 1% is more than enough for someone who's a family man. It's also not guaranteed that you're going to win more money with that much. Although the fact is, you can stay longer with that budget but as I've said, 1% is already a decent amount if the household income is quite high.

There's no need to learn any specific game with that much because as a test, you should always test the waters with small amounts only. And that's why I don't tip people to gamble with a lot of money that they can't afford to lose and always gonna say to do it only with money that they don't mind of losing it.

What you're saying is kind of conflicting about using needed money and increasing the budget to 10% just to experience real gambling. Anyway, if you are the type of gambler and you can gamble that much then just go ahead but make sure that you have no regrets after.
hero member
Activity: 1064
Merit: 501
December 11, 2023, 11:25:42 AM
Risking 1% in gambling is good but the income that comes with it when all your games are won might not be enough for those who want to make some profits from gambling.
My kind of risk in gambling is 3%. The reason for the 3% is that, Let it be that anytime I win, my win money, I will use it to get something good for myself
hero member
Activity: 1652
Merit: 518
OrangeFren.com
December 11, 2023, 11:05:01 AM
I don't follow any type of betting strategy but if this works for you and you are risking likely a free money from your household income, that works better. When you do this, if the income of the household is quite high then 1% is going to be high as well. But for those that have lesser income then this obviously is just a small amount of their entire income.

Needless to say, as long as the amount is bearable and won't be a source of quarrel between husband and wife then it's all good to just gamble with it, and if you can slash some more, much better. The discipline that we all have are varying from gambler to gambler so, if 1% is already enough then please don't go more than that because it is you that's going to have more problems on it and you have to deal with it later on.

If you follow this religiously and works for you perfectly. Keep the strategy and maintain it.

The gambler should have the attitude of keeping their own strategy for the game betting,this 1% percentage of the income is also the gambling fund’s handling strategy.Instead of using the one percentage of income,the gambler may choose to have 10 percentage of income to the gambling.So the gambler can experienced the real gambling game,it may help him to learn how to play that specific game,even if the gambler had loss of money in the gambling site.The gambler should understand the difference between using the free money to the gambling site and to the money for the immediate money into the gambling.The gambler should not do use of mostly needed money into gambling.
hero member
Activity: 1666
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Leading Crypto Sports Betting & Casino Platform
December 11, 2023, 10:58:57 AM
1% isn't a lot and it looks to me like if you do allocate this for your gambling habit, you will probably end up having to end your games unsatisfied because I assume that that's not a lot of money and you will likely to end in a lose which leaves you frustrated too since the Gambler's fallacy within you is going to act up and then you will end up having to bend your promise of spending just 1% of your income to gambling which will snowball to 5% then to 10% until you go beyond the tolerable amount. For me, it's best if you don't do percentage when it comes to budgeting, set a real amount so your mind is tricked into not going overboard.
Nowadays everyone wants more profit as fast as possible which is why every gambler will try to bet relatively more. Betting 1 or 2 percent return will reduce their risk but they won't be satisfied. What can they do at this time with 2 percent risk? I think gamblers like to take risks now. They think that it is not possible to realize their dreams quickly without taking risks. But for those who care about responsible gambling, there must be a limitation. I also think that anyone can be safe from gambling if use 10 to 15 percent of their income. He is not likely to have much problem with this. But it will depend on one's income and financial situation.
hero member
Activity: 2996
Merit: 609
December 11, 2023, 10:58:22 AM
It happens if we have a good enough job and a guaranteed monthly income to do that but for those who are on the average line with a monthly income from the salary of the work done actually I think this is still lacking and it happens for myself.
In my country the average salary received is around $200-$300 per month which means that if we spend 1 percent of our monthly income indirectly it means that one month we only have to spend $2-$3 which is not really enough.
Although that is a good guideline so that we dont get too carried away in gambling but  i still do it my way where i do it with a slightly larger nominal where in a month i might be able to be in the range of $15-$20 which means that it is 10 percent of the income that i get. Although this is considered too much for some people but im comfortable with this and it also doesnt interfere with the quality of the economy that i have so i dont have a problem with the amount that i spend.
You cant really be able to play with those small amounts on which you would really be seeing to be for it to be non relevant. We do know that it isnt something that could really be that make
us contented considering that not all people do really be earning on the same level as other could have. If you are earning $200 in a month then 1% of that would really be just that $2.
Then talking about realistically then even sending out those funds would already cost you more that on the amount that you are risking on which means that there's no really sense on doing so.
As long you do really know on how to handle up yourself when it comes to capital or bankroll handling then you should really be just that fine.
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December 11, 2023, 10:54:08 AM
I don't follow any type of betting strategy but if this works for you and you are risking likely a free money from your household income, that works better. When you do this, if the income of the household is quite high then 1% is going to be high as well. But for those that have lesser income then this obviously is just a small amount of their entire income.

Needless to say, as long as the amount is bearable and won't be a source of quarrel between husband and wife then it's all good to just gamble with it, and if you can slash some more, much better. The discipline that we all have are varying from gambler to gambler so, if 1% is already enough then please don't go more than that because it is you that's going to have more problems on it and you have to deal with it later on.

If you follow this religiously and works for you perfectly. Keep the strategy and maintain it.
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