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Topic: Risking 1% in Gambling - page 3. (Read 4380 times)

hero member
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Merit: 507
Leading Crypto Sports Betting & Casino Platform
March 10, 2024, 05:23:38 AM
That's something we have to pay attention to early, we have to prepare a certain amount of money that we are willing to lose, because in gambling the possibility of losing is very large. indeed we should have to fulfill basic needs first, because that is our necessity to be able to survive, gambling using the remaining money from everything that has been fulfilled may not be a problem, don't gamble when you have limited money and your needs are met, and Don't expect to have a little money to double it in gambling where you hope to get profitable wins and then be able to meet all your needs, that's not true.

of course everyone has a different economic level and also with different financial income, adjusting the budget for gambling to our situation must be done, if you still have enough money then there is no harm in gambling but if you don't have enough money then don't force it. yourself, it will only invite bigger problems. When there is no money left because you have run out of necessities, it is not recommended to force yourself to gamble, such as borrowing money to gamble, it is not recommended, if you don't have money then don't think about gambling. because money management is also important, when we have income of course we have to be able to manage it well, divide it and prioritize most of it for our needs, don't prioritize gambling and allocate more of it than we need. Just allocate enough, because luck can come when the time is right, even with 1% if you are lucky then you can get a win like what I experienced last night.

Yes, in order to be able to play and be responsible in the game it is not difficult, it is a matter of ordering oneself, of having some responsibility, and it is not difficult but what we have to respect are our own rules, and our own rules. They cannot be broken, because we are people who need a lot of order and many responsibilities, so when we organize ourselves we know very well what we should buy, what we need, this is what I mean food, medicine, paying for services, being responsible with that Yes, when you finish covering those expenses, I think you can take some money to have something to play at the casino.

So you see that's what I mean, in my case I always do that, of course you also have to leave a little money in case of a family emergency, something or an unexpected expense, a virus, anything to be able to cover it, because It would not be your responsibility to spend everything and when someone at home gets sick not to have the opportunity to buy their antibiotics or something.

In view of all these things one can decide how much money one is willing to spend or lose in a casino, this is basically what I do to be able to have order with my things, that is why I give importance to the fact that money must be managed, because for the casino I set aside or that one spends at a movie theater or something like that, that kind of amount.

It's true that it can be done, in fact it has to be done when we gamble, so we have to be able to have self-control, whether it's our own rules that clearly don't lead to losses, or limiting the time and budget for gambling. And also responsibility for everything that happens because of it. actions taken on oneself. However, the fact that gambling can change people's thinking in just a short time is the problem, gambling easily influences the thinking of every gambler, many of whom change their gambling motives when they gamble. Initially they have a target where once they reach the target they will stop, but when they reach the target of course the temptation to gamble is strong so it influences their thinking to continue gambling because they want a bigger win. Many people don't have the strength to maintain their own rules, I'm sure all gamblers have felt this way.
It's true, we should only set aside a small amount of money for gambling, the main thing to pay attention to is needs like you said, namely food, medicine, or paying bills here and there and this and that. and if all of that can be said to be safe and there is still money left over then there is no problem in betting it on gambling. Don't gamble with unmet needs.

We should be able to manage our finances well, manage our finances well or in other words be able to meet our needs, which we should prioritize first, because in my opinion there are also people who don't gamble but their needs are often not met while the income they get is is more than enough, and that's because they can't manage their finances well, tend to spend money as they please, don't think about it and don't consider it first, and I think people like this have fleeting thoughts. when they have money they only think they can buy what they want, but don't pay attention to their exact needs first, only prioritizing desires, not needs, so it is very important that we manage our finances very carefully.
hero member
Activity: 2814
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Bitcoin is GOD
March 09, 2024, 11:24:05 PM
For anyone that is serious about making money while trying to find a consistent strategy in gambling, this sort of approach is very wise and is basically called bankroll management. However in reality you will generally find that most people who are drawn to gambling are not necessarily financially or mathematically savvy. They are often looking for shortcuts to wealth, so if they have a hundred dollars in their account they will usually not have the patience to only be gambling $1 at a time. It's hard to beat bookmakers anyway, so unless you are applying this strategy in a skilled game like poker it will be difficult to find much benefit from managing your money deposited in gambling sites like this.

Not to be rude but if you think that betting 1% of your bankroll on each bet is a "wise" strategy, then maybe you're not very mathematically or financially savvy yourself.
If you want to do it right, you need to consider odds, chances of winning/losing and frequency of events.
Having a hard 1% rule, disregarding the type of game or any other factors is just lazy and silly. In real life, you'll see plenty of instances when 1% could be either not enough or too much.
For those that may want to find out exactly how high their bet needs to be so they can obtain the most profits with it, obviously this assumes the person in question has a way to beat the casinos already, a good way to do this is with the Kelly Criterion.

The Kelly Criterion allows a gambler or a trader to determine how high their bet or their position should be to obtain the most profits, and while like any other formula, it has its critics, you can do a lot worse than to apply the Kelly Criterion.
legendary
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Leading Crypto Sports Betting & Casino Platform
March 09, 2024, 10:50:44 AM
That's right, we should do everything appropriately, because anything done excessively will only result in something that is not good or even bad. especially with gambling where the fact is that losses that can make us lose our money are real and will happen more often, so if we gamble often it's the same as we often lose a lot of money, even though we are ready to lose the money we bet on, that doesn't mean we can gamble. by gambling frequently, of course, gambling appropriately, limiting gambling activities, whether it's the time for gambling or the budget, everything must be done within certain limits so that nothing bad or detrimental happens, it can even harm many parties, not just yourself. Also of course we do have responsibilities towards our own families as you said. pay attention to every expense, at least even though we are not married, our parents will be proud if we can help financially with the economy, such as paying water bills, electricity bills, and schooling for younger siblings if we do have younger siblings. This needs to be paid attention to, therefore we must be able to think about our expenses well, risking just 1% of the income we earn is not bad, as long as we don't lose self-control because if we lose self-control there will of course be disasters that can be detrimental. .

Yes, I agree with you, if we gamble excessively then it is likely that all of our needs will not be met, in fact, what will most likely happen is that there will always be shortages, and of course that will be a problem where when the economy is not met then the destruction of family relationships will occur. or not being able to pay the water and electricity bills, of course we will experience water and electricity blackouts if we cannot pay them. Life can go well without problems if we don't look for problems ourselves, it's like preventing rather than treating. that is what must be emphasized.

What you should do is not play too much , or Play too Frequently , but what you should do is have your expenses on hand and see how much money we are willing to put into the game , Assuming that that money is going to go away , we have to give that money as death, but first fulfill all our basic needs, this includes Expenses, food, Medicine , everything we are willing to do so that we can be calm and financially well , the est will be very Difficult to cope with. even if a lot of money is allocated to the game.

That's why I Always say that thinking about how much money you should spend is not something that should be done in a general way, because we do not know the economic situation of each person, there will always be differences, some People will be more solvent than others, but never the same. In fact, there are people who cannot even Allocate 1% , because it is not enough for them, sometimes they have so many expenses that there is not even any money left to have fun in a casino.

So if there is a formula where mandatory expenses and expenses that can be generated and paid in the long term are included, then that is something Else , Otherwise things can happen in a very different way.

Each person manages their money and each person does not know how they have to do to manage their expenses, hence the question of a responsible person who can play or not in a Casino.

That's something we have to pay attention to early, we have to prepare a certain amount of money that we are willing to lose, because in gambling the possibility of losing is very large. indeed we should have to fulfill basic needs first, because that is our necessity to be able to survive, gambling using the remaining money from everything that has been fulfilled may not be a problem, don't gamble when you have limited money and your needs are met, and Don't expect to have a little money to double it in gambling where you hope to get profitable wins and then be able to meet all your needs, that's not true.

of course everyone has a different economic level and also with different financial income, adjusting the budget for gambling to our situation must be done, if you still have enough money then there is no harm in gambling but if you don't have enough money then don't force it. yourself, it will only invite bigger problems. When there is no money left because you have run out of necessities, it is not recommended to force yourself to gamble, such as borrowing money to gamble, it is not recommended, if you don't have money then don't think about gambling. because money management is also important, when we have income of course we have to be able to manage it well, divide it and prioritize most of it for our needs, don't prioritize gambling and allocate more of it than we need. Just allocate enough, because luck can come when the time is right, even with 1% if you are lucky then you can get a win like what I experienced last night.

Yes, in order to be able to play and be responsible in the game it is not difficult, it is a matter of ordering oneself, of having some responsibility, and it is not difficult but what we have to respect are our own rules, and our own rules. They cannot be broken, because we are people who need a lot of order and many responsibilities, so when we organize ourselves we know very well what we should buy, what we need, this is what I mean food, medicine, paying for services, being responsible with that Yes, when you finish covering those expenses, I think you can take some money to have something to play at the casino.

So you see that's what I mean, in my case I always do that, of course you also have to leave a little money in case of a family emergency, something or an unexpected expense, a virus, anything to be able to cover it, because It would not be your responsibility to spend everything and when someone at home gets sick not to have the opportunity to buy their antibiotics or something.

In view of all these things one can decide how much money one is willing to spend or lose in a casino, this is basically what I do to be able to have order with my things, that is why I give importance to the fact that money must be managed, because for the casino I set aside or that one spends at a movie theater or something like that, that kind of amount.
hero member
Activity: 1008
Merit: 960
March 08, 2024, 06:09:07 PM
~snip~
I want to deviate on that. I will continue to believe that gambling is for skilled people who can be profitable in the long run. Because if you rely on luck, you are not gonna end up winning, you might if you are extremely lucky like you are hitting a jackpot (one time big time), but if you only hit a minimal amount you will still come back again to gamble, and eventually you'll lose. That's the edge we have, and we can never beat that.

So, in my case, I try to learn and develop my skills so one day I'll make a living in gambling. ... sounds impossible, right? But that's just me...

There's no secret to gambling, it's all just math and probabilities.

At the end of the day casinos only offer games that have odds that favor them in one way or another so that in the long term the casinos end up winning most of the money.

If you come up with a trick to earn more than what you are supposed to, say by counting cards in blackjack (which actually increases your odds of winning), the casinos will quickly invite you out.

Also, now casinos have changed how they play, for example they add multiple more decks and add the separator around the middle, so that even if you are counting cards, you don't get too much of an advantage as you used to get back in the day.

So, yeah, nothing much you can do other than to have a good time while gambling.
legendary
Activity: 2436
Merit: 1561
March 08, 2024, 05:26:08 PM
For anyone that is serious about making money while trying to find a consistent strategy in gambling, this sort of approach is very wise and is basically called bankroll management. However in reality you will generally find that most people who are drawn to gambling are not necessarily financially or mathematically savvy. They are often looking for shortcuts to wealth, so if they have a hundred dollars in their account they will usually not have the patience to only be gambling $1 at a time. It's hard to beat bookmakers anyway, so unless you are applying this strategy in a skilled game like poker it will be difficult to find much benefit from managing your money deposited in gambling sites like this.

Not to be rude but if you think that betting 1% of your bankroll on each bet is a "wise" strategy, then maybe you're not very mathematically or financially savvy yourself.
If you want to do it right, you need to consider odds, chances of winning/losing and frequency of events.
Having a hard 1% rule, disregarding the type of game or any other factors is just lazy and silly. In real life, you'll see plenty of instances when 1% could be either not enough or too much.
legendary
Activity: 1386
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DGbet.fun - Crypto Sportsbook
March 08, 2024, 03:12:57 PM
Gambling can be a fun way to spend some time, like watching a game with some extra spice on the line. But anyone who thinks it's a guaranteed route to riches is probably chasing a rainbow.  The odds are stacked against you, kind of like winning every single carnival game – possible, but not exactly likely.

We all know stories of people hitting the jackpot, but for every one of those, there are way more folks walking away lighter in the wallet.  It's like that friend who insists on that scratch-off ticket every week – all fun and hope, until their wallet starts looking a bit thin.

So, the real question is: when to gamble? Here's my advice: only play if you can afford to lose what you're betting.  Think of it as entertainment, not an investment in your future mansion (unless you own the casino, that's a different story).
It totally matters with your own views and perspective and people do mess up their lives just because they do really end up on having that kind of wrong approach towards it because on the time that you do play
gambling and minding about on becoming rich then this is where issues would really be starting to come out or happen because on the moment that you would really be making yourself that delusional then you would really be trying out to play which is really that more than with your usual limit or simply with your budget. If you are that someone who do spend up a huge % on your monthly salary on gambling then
you are just basically putting up yourself on such tough issues and problems which might rise soon.
legendary
Activity: 2478
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Leading Crypto Sports Betting & Casino Platform
March 08, 2024, 03:08:38 PM
Gambling really is for the lucky to be honest.

Everyone will get there with the hopes of winning or at least to have a good time.

It's only the few lucky ones that end up actually winning something.

And they are just randomly sampled. There's no correlation between how good player you are and how much you win.

I want to deviate on that. I will continue to believe that gambling is for skilled people who can be profitable in the long run. Because if you rely on luck, you are not gonna end up winning, you might if you are extremely lucky like you are hitting a jackpot (one time big time), but if you only hit a minimal amount you will still come back again to gamble, and eventually you'll lose. That's the edge we have, and we can never beat that.

So, in my case, I try to learn and develop my skills so one day I'll make a living in gambling. ... sounds impossible, right? But that's just me...

I would like to know more details about your plan. For example, how do you want to increase your skill in Dice? Or in blackjack, where multi-decks are used and shuffling occurs long before memorizing the eliminated cards can give you any information. If you look at things soberly (judging by your reasoning, you perfectly understand the mechanism of gambling) you should have some kind of real plan. I would really like to know how you will try to avoid losing in a game where the advantage is not on your side.
hero member
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Leading Crypto Sports Betting & Casino Platform
March 08, 2024, 03:05:46 PM
Gambling really is for the lucky to be honest.

Everyone will get there with the hopes of winning or at least to have a good time.

It's only the few lucky ones that end up actually winning something.

And they are just randomly sampled. There's no correlation between how good player you are and how much you win.

I want to deviate on that. I will continue to believe that gambling is for skilled people who can be profitable in the long run. Because if you rely on luck, you are not gonna end up winning, you might if you are extremely lucky like you are hitting a jackpot (one time big time), but if you only hit a minimal amount you will still come back again to gamble, and eventually you'll lose. That's the edge we have, and we can never beat that.

So, in my case, I try to learn and develop my skills so one day I'll make a living in gambling. ... sounds impossible, right? But that's just me...
Maybe it's you I would still encourage to look at it from a better angle. In my conclusion about gambling, skills and luck are both needed, and the more you are fortunate to have skills and attract good luck to yourself in gambling, the better for you. There are aspects of gambling that one may entirely not rely on luck, and that is in the sports betting aspect of it, but when it comes to the casino, you do not have a choice, you need luck in almost all aspects of it. I don't have to explain to you that casino games are basically working based on the algorithm coded in them. This makes it difficult for any skilled and unskilled gamblers to analyse or strategise in any way to actually be winning as they like.

This entirely depends on the luck of the gambler, and if it is not entirely about luck to avoid exaggeration, it is almost all about luck according to my experience. This is why I risk more money on sports betting than casino betting because I do not want to lose my money easily. Recently, I carefully reviewed my bettings on the two of them and discovered that I am way better with sports betting and still very much struggling with casino betting to show the distinction between the two.

For this, it depends on the aspect you are gambling for the advice you issued to be effective, but certainly, it can't be effective with the casino, never.
legendary
Activity: 2688
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March 08, 2024, 02:54:37 PM
Quote
Guideline 1: Gamble no more than 1% of household income
Don’t bet more than 1% of your household income before tax per month. For example, someone with a household income of $70,000 before tax should gamble no more than $58 per month.

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.

You must have heard 1% strategy in trading, the same can be applied in gambling too and believe me, you will feel a lot more comfortable using this 1% of your money in every game.
This also gives you a lot of games to play before you end up on your money as on every bet you will use 1% of your money. In case you lose all bets, you will be playing 100 games because your money is exhausted.

For anyone that is serious about making money while trying to find a consistent strategy in gambling, this sort of approach is very wise and is basically called bankroll management. However in reality you will generally find that most people who are drawn to gambling are not necessarily financially or mathematically savvy. They are often looking for shortcuts to wealth, so if they have a hundred dollars in their account they will usually not have the patience to only be gambling $1 at a time. It's hard to beat bookmakers anyway, so unless you are applying this strategy in a skilled game like poker it will be difficult to find much benefit from managing your money deposited in gambling sites like this.
legendary
Activity: 2716
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Leading Crypto Sports Betting & Casino Platform
March 08, 2024, 02:49:35 PM
Gambling really is for the lucky to be honest.

Everyone will get there with the hopes of winning or at least to have a good time.

It's only the few lucky ones that end up actually winning something.

And they are just randomly sampled. There's no correlation between how good player you are and how much you win.

I want to deviate on that. I will continue to believe that gambling is for skilled people who can be profitable in the long run. Because if you rely on luck, you are not gonna end up winning, you might if you are extremely lucky like you are hitting a jackpot (one time big time), but if you only hit a minimal amount you will still come back again to gamble, and eventually you'll lose. That's the edge we have, and we can never beat that.

So, in my case, I try to learn and develop my skills so one day I'll make a living in gambling. ... sounds impossible, right? But that's just me...

This sounds to be different, if we put the goal of earning in gambling then yes obviously the skilled will be superior to a newbie coming in, but the skilled can never be superior to the house or the casino as they are basically the ones who create and design all the games that are provided in such a way. So with this I would probably say that the idea of making what you say in gambling in the long run has very little chance of success, because things can't always be predicted accurately no matter how skilled you are.

You've said that it's very difficult to rely on luck to really make a win, yes that's true, but the problem is that most of the winning results in gambling always refer to how lucky you are when running a session, and anyway your idea of making a living in the long run on gambling in my opinion is too dangerous, I don't prohibit it but it doesn't hurt for us to remind each other even if it's just a suggestion because it also leads to good, but yes you have the freedom in terms of choosing decisions and good luck friend. Wink
full member
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PredX - AI-Powered Prediction Market
March 08, 2024, 02:39:53 PM
Gambling can be a fun way to spend some time, like watching a game with some extra spice on the line. But anyone who thinks it's a guaranteed route to riches is probably chasing a rainbow.  The odds are stacked against you, kind of like winning every single carnival game – possible, but not exactly likely.

We all know stories of people hitting the jackpot, but for every one of those, there are way more folks walking away lighter in the wallet.  It's like that friend who insists on that scratch-off ticket every week – all fun and hope, until their wallet starts looking a bit thin.

So, the real question is: when to gamble? Here's my advice: only play if you can afford to lose what you're betting.  Think of it as entertainment, not an investment in your future mansion (unless you own the casino, that's a different story).
member
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Bitvest.io★ Play Plinko or Invest!
March 08, 2024, 12:27:42 PM
Quote
Guideline 1: Gamble no more than 1% of household income
Don’t bet more than 1% of your household income before tax per month. For example, someone with a household income of $70,000 before tax should gamble no more than $58 per month.

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.

You must have heard 1% strategy in trading, the same can be applied in gambling too and believe me, you will feel a lot more comfortable using this 1% of your money in every game.
This also gives you a lot of games to play before you end up on your money as on every bet you will use 1% of your money. In case you lose all bets, you will be playing 100 games because your money is exhausted.


The Lower-Risk Gambling Guidelines

I'm not really that kind of person that wants to risk little, once and if I allocate anything to gamble then I'm sure having a shot at it, im not really the big odds type, so I go for the all odds and hit that bag, maybe a couple double or triple on my money and I'm done for the week, unless I have need to again or saw a sure game that I think would play our fine.
legendary
Activity: 3080
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Hhampuz for Campaign management
March 08, 2024, 10:24:29 AM
Gambling really is for the lucky to be honest.

Everyone will get there with the hopes of winning or at least to have a good time.

It's only the few lucky ones that end up actually winning something.

And they are just randomly sampled. There's no correlation between how good player you are and how much you win.

I want to deviate on that. I will continue to believe that gambling is for skilled people who can be profitable in the long run. Because if you rely on luck, you are not gonna end up winning, you might if you are extremely lucky like you are hitting a jackpot (one time big time), but if you only hit a minimal amount you will still come back again to gamble, and eventually you'll lose. That's the edge we have, and we can never beat that.

So, in my case, I try to learn and develop my skills so one day I'll make a living in gambling. ... sounds impossible, right? But that's just me...
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
March 08, 2024, 09:13:47 AM
Gambling really is for the lucky to be honest.

Everyone will get there with the hopes of winning or at least to have a good time.

It's only the few lucky ones that end up actually winning something.

And they are just randomly sampled. There's no correlation between how good player you are and how much you win.
You said it with right. Unfortunately, that doesn't stop other people to try their luck by playing gambling and many of them are playing gambling excessively without thinking about the luck. They think that if they playing gambling with more money can gives them a chance to win but the fact, they can gets more losses without they can thinks about the impact that they will get. If they hope that gambling can gives them much money, they are wrong because gambling is not a place to make money. They will lose their money and that will become bigger if they don't know when to stop and still chasing the win. Only a few people luck and win on the gambling while many people will lose their money. They will difficult to recover their lose and will regrets it someday if they realizes what happens to them.
hero member
Activity: 1708
Merit: 566
Leading Crypto Sports Betting & Casino Platform
March 08, 2024, 04:55:29 AM
~snip~
This is totally true, gambling is not for the weak if we want to succeed by making ourselves profitable. The main reason why most of us gamblers losses is beacuse we don't consider gambling a serious venture, because if we consider it serious, we will make sure we treat it like a business that we will make a strategy, make adjustments until it will become working.

Slowly but surely, that should be the best strategy, and since most of us want an instant profit, that's why we easily fall to the hole. It's the sad truth but the reality, and casinos will always see that as an opportunity to maximize their income.

Gambling really is for the lucky to be honest.

Everyone will get there with the hopes of winning or at least to have a good time.

It's only the few lucky ones that end up actually winning something.

And they are just randomly sampled. There's no correlation between how good player you are and how much you win.

Gambling is for everyone but not everyone can always be as lucky as they always expect and also may not be as lucky as others who managed to get a big win, but everyone has luck in him that one day will definitely bring them to a winning situation that might be bigger than you think. But I will mention that the really lucky people are when they are able to control everything according to their own abilities, one of which may be in terms of budget which you must maintain and balance so that gambling does not cause many problems in your life.

One of the reasons why I say that the really lucky ones are those who are able to control their gambling activities well because if we define luck as the amount of winnings, it still means that in the end all the money you win is very likely to be lost in the next session when you are not able to control everything. On the other hand luck is always something that can never be predicted when it comes, while winning always depends on how lucky you are at the time of running the session, so that means of course it is best to gamble responsibly and also put the amount you can afford, don't put a large amount because it wins big but you have to think that what if luck doesn't come at that time? so healthy gambling is when you act according to your abilities.
hero member
Activity: 1092
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Leading Crypto Sports Betting & Casino Platform
March 08, 2024, 04:32:38 AM
That's right, we should do everything appropriately, because anything done excessively will only result in something that is not good or even bad. especially with gambling where the fact is that losses that can make us lose our money are real and will happen more often, so if we gamble often it's the same as we often lose a lot of money, even though we are ready to lose the money we bet on, that doesn't mean we can gamble. by gambling frequently, of course, gambling appropriately, limiting gambling activities, whether it's the time for gambling or the budget, everything must be done within certain limits so that nothing bad or detrimental happens, it can even harm many parties, not just yourself. Also of course we do have responsibilities towards our own families as you said. pay attention to every expense, at least even though we are not married, our parents will be proud if we can help financially with the economy, such as paying water bills, electricity bills, and schooling for younger siblings if we do have younger siblings. This needs to be paid attention to, therefore we must be able to think about our expenses well, risking just 1% of the income we earn is not bad, as long as we don't lose self-control because if we lose self-control there will of course be disasters that can be detrimental. .

Yes, I agree with you, if we gamble excessively then it is likely that all of our needs will not be met, in fact, what will most likely happen is that there will always be shortages, and of course that will be a problem where when the economy is not met then the destruction of family relationships will occur. or not being able to pay the water and electricity bills, of course we will experience water and electricity blackouts if we cannot pay them. Life can go well without problems if we don't look for problems ourselves, it's like preventing rather than treating. that is what must be emphasized.

What you should do is not play too much , or Play too Frequently , but what you should do is have your expenses on hand and see how much money we are willing to put into the game , Assuming that that money is going to go away , we have to give that money as death, but first fulfill all our basic needs, this includes Expenses, food, Medicine , everything we are willing to do so that we can be calm and financially well , the est will be very Difficult to cope with. even if a lot of money is allocated to the game.

That's why I Always say that thinking about how much money you should spend is not something that should be done in a general way, because we do not know the economic situation of each person, there will always be differences, some People will be more solvent than others, but never the same. In fact, there are people who cannot even Allocate 1% , because it is not enough for them, sometimes they have so many expenses that there is not even any money left to have fun in a casino.

So if there is a formula where mandatory expenses and expenses that can be generated and paid in the long term are included, then that is something Else , Otherwise things can happen in a very different way.

Each person manages their money and each person does not know how they have to do to manage their expenses, hence the question of a responsible person who can play or not in a Casino.

That's something we have to pay attention to early, we have to prepare a certain amount of money that we are willing to lose, because in gambling the possibility of losing is very large. indeed we should have to fulfill basic needs first, because that is our necessity to be able to survive, gambling using the remaining money from everything that has been fulfilled may not be a problem, don't gamble when you have limited money and your needs are met, and Don't expect to have a little money to double it in gambling where you hope to get profitable wins and then be able to meet all your needs, that's not true.

of course everyone has a different economic level and also with different financial income, adjusting the budget for gambling to our situation must be done, if you still have enough money then there is no harm in gambling but if you don't have enough money then don't force it. yourself, it will only invite bigger problems. When there is no money left because you have run out of necessities, it is not recommended to force yourself to gamble, such as borrowing money to gamble, it is not recommended, if you don't have money then don't think about gambling. because money management is also important, when we have income of course we have to be able to manage it well, divide it and prioritize most of it for our needs, don't prioritize gambling and allocate more of it than we need. Just allocate enough, because luck can come when the time is right, even with 1% if you are lucky then you can get a win like what I experienced last night.
hero member
Activity: 1008
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March 08, 2024, 03:47:23 AM
~snip~
This is totally true, gambling is not for the weak if we want to succeed by making ourselves profitable. The main reason why most of us gamblers losses is beacuse we don't consider gambling a serious venture, because if we consider it serious, we will make sure we treat it like a business that we will make a strategy, make adjustments until it will become working.

Slowly but surely, that should be the best strategy, and since most of us want an instant profit, that's why we easily fall to the hole. It's the sad truth but the reality, and casinos will always see that as an opportunity to maximize their income.

Gambling really is for the lucky to be honest.

Everyone will get there with the hopes of winning or at least to have a good time.

It's only the few lucky ones that end up actually winning something.

And they are just randomly sampled. There's no correlation between how good player you are and how much you win.
legendary
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March 07, 2024, 03:30:34 PM
Even if they don't have a family that doesn't mean they don't have needs, of course those needs are always there and needed by everyone whether they have a family or not, it's all the same. However, what you say is true, perhaps the needs are increasingly different and will not be the same as the needs that must be met by those who have a family. Fulfilling basic needs is a must because it is a way to survive, such as having money to buy feed. as you said, they have to think about their future, yes indeed they have to think about it, in my opinion, by having a job and a clear income you can also manage your finances well in the sense of being able to divide the income you earn well between your needs, saving and fulfilling your needs. Own desires such as gambling or holidays are good. but what is bad is when we have income but the income is not managed well, but instead we spend it in vain, such as spending it just on gambling, of course that is not the right action, because it should not be like that because there is a primary need that must be done. Pay attention, instead of gambling, it would be better to gamble with the remaining money from your income, which is money that is not money that is set for needs or in other words, needs must be met first before gambling and for the size it is up to us to manage it ourselves.

as I said before it depends on the individual, if they are smart in managing their finances maybe they will feel fine by risking only 1%, and with those who are not satisfied or still feel less than risking 1% maybe they have wrong thinking about gambling, and what they are aiming for is a win where they risk 1%. It is clear that they want to win, but of course the win will not happen as expected, because it is impossible for every gamble they make to result in a win. and I think that those who don't have a lot of expenses doesn't mean they can gamble using large amounts of money like you said, 20% for a game. In fact, in my opinion, if they don't have a lot of expenses, they should be able to share that percentage. bigger for saving, not for gambling. Although it depends on the individual, there's no harm in suggesting it.

It is true that I agree with what you say, in the case where you have a family, if you are a responsible person you have to have responsibility towards them, you know that you cannot go overboard in things because Basically if they do it then everything does not work or It turns out well, 'because I don't think that things like being in a casino and having fun are given more priority than family obligations, also in the balance of expenses between them, they always appear spent, not just food. , also expenses regarding the services that have to be solved, plus the expenses that are from schools, if a person does not cover these Expenses because they are thinking or giving more priority to the games, they are failing first themselves and then failing their family I don't know what it is but, for that reason, 1% is not bad, and because the economic situation of many is different for each person.

For a person who has the Situation, as you say, of working for a year, to give vacations and certain things that are necessary, well they also have to see all these things , if a Person Overdoes it in a casino, then he cannot cover those expenses, So everything depends on the person's income, there is no other way, you have to consider all this before talking about a percentage, 1% for me is not bad, it's just that 1% can be easy in a session of game and that is what the person must adjust to, the idea is to carry out their daily life with everything, without Problems.

That's right, we should do everything appropriately, because anything done excessively will only result in something that is not good or even bad. especially with gambling where the fact is that losses that can make us lose our money are real and will happen more often, so if we gamble often it's the same as we often lose a lot of money, even though we are ready to lose the money we bet on, that doesn't mean we can gamble. by gambling frequently, of course, gambling appropriately, limiting gambling activities, whether it's the time for gambling or the budget, everything must be done within certain limits so that nothing bad or detrimental happens, it can even harm many parties, not just yourself. Also of course we do have responsibilities towards our own families as you said. pay attention to every expense, at least even though we are not married, our parents will be proud if we can help financially with the economy, such as paying water bills, electricity bills, and schooling for younger siblings if we do have younger siblings. This needs to be paid attention to, therefore we must be able to think about our expenses well, risking just 1% of the income we earn is not bad, as long as we don't lose self-control because if we lose self-control there will of course be disasters that can be detrimental. .

Yes, I agree with you, if we gamble excessively then it is likely that all of our needs will not be met, in fact, what will most likely happen is that there will always be shortages, and of course that will be a problem where when the economy is not met then the destruction of family relationships will occur. or not being able to pay the water and electricity bills, of course we will experience water and electricity blackouts if we cannot pay them. Life can go well without problems if we don't look for problems ourselves, it's like preventing rather than treating. that is what must be emphasized.

What you should do is not play too much , or Play too Frequently , but what you should do is have your expenses on hand and see how much money we are willing to put into the game , Assuming that that money is going to go away , we have to give that money as death, but first fulfill all our basic needs, this includes Expenses, food, Medicine , everything we are willing to do so that we can be calm and financially well , the est will be very Difficult to cope with. even if a lot of money is allocated to the game.

That's why I Always say that thinking about how much money you should spend is not something that should be done in a general way, because we do not know the economic situation of each person, there will always be differences, some People will be more solvent than others, but never the same. In fact, there are people who cannot even Allocate 1% , because it is not enough for them, sometimes they have so many expenses that there is not even any money left to have fun in a casino.

So if there is a formula where mandatory expenses and expenses that can be generated and paid in the long term are included, then that is something Else , Otherwise things can happen in a very different way.

Each person manages their money and each person does not know how they have to do to manage their expenses, hence the question of a responsible person who can play or not in a Casino.
hero member
Activity: 2954
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March 07, 2024, 12:26:43 AM
This is a useful strategy to help manage risk and avoid losing large amounts of money. By betting only 1%, you can ensure that you are not putting all of your eggs in one basket, you are not putting too much in any one bet, and you can play more games over time, making it more enjoyable and sustainable.
Relaxed and employed a solid game strategy because it's going to be acquainted with massive profits. There's no means available to start risky everything in the system, for what exactly? I've been calmed this whole while and taking upon myself to become very useful when it comes to gambling, staking 1% doesn't seem to be something we all should be bother about? That's the only safer ground we can embodied the system and techniques to get involved. Gambling is not for the weak, steadily grinding for relevant odds in the system is not an easy tasks accomplished and the continuous process.
This is totally true, gambling is not for the weak if we want to succeed by making ourselves profitable. The main reason why most of us gamblers losses is beacuse we don't consider gambling a serious venture, because if we consider it serious, we will make sure we treat it like a business that we will make a strategy, make adjustments until it will become working.

Slowly but surely, that should be the best strategy, and since most of us want an instant profit, that's why we easily fall to the hole. It's the sad truth but the reality, and casinos will always see that as an opportunity to maximize their income.
hero member
Activity: 1008
Merit: 960
March 06, 2024, 08:47:59 AM
This is a useful strategy to help manage risk and avoid losing large amounts of money. By betting only 1%, you can ensure that you are not putting all of your eggs in one basket, you are not putting too much in any one bet, and you can play more games over time, making it more enjoyable and sustainable.
Relaxed and employed a solid game strategy because it's going to be acquainted with massive profits. There's no means available to start risky everything in the system, for what exactly? I've been calmed this whole while and taking upon myself to become very useful when it comes to gambling, staking 1% doesn't seem to be something we all should be bother about? That's the only safer ground we can embodied the system and techniques to get involved. Gambling is not for the weak, steadily grinding for relevant odds in the system is not an easy tasks accomplished and the continuous process.

Yeah, that actually sounds like the perfect client for betting agencies.

Someone that gets more money every month, and decides to put a big chunk of it into the pockets of the people running casinos
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