THERE ARE TWO THINGS INVOLVED - page 2.

sunsilk

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Quote from: Zoomic on April 19, 2024, 09:09:02 AM

Quote from: sunsilk on April 18, 2024, 09:05:29 AM

Once you gamble, you should expect the unexpected at all times. Are you calm now? If you don't expect to be triggered later then just don't expect anything.

I think a lot of gamblers will actually be safe if they prepare their minds for even the worst scenario. This is gambling and everyone knows that two things are bound to occur when one gambles, it's either a win or a loss. Preparing the mind for loss too will save one from too much grieve and unnecessary actions that will cause more harm to the gambler and his loved ones. Many gamblers lose control over their emotions because they only prepared their minds for a win. This is why most of these gamblers who claim to be victims of gambling go extra miles to borrow funds just to gamble. Gamblers will continue to encounter challenges if they view gambling as a winning platform only.

Gamblers should beware of greed. Greed is one of the problems of every gambler, it is the reason most gamblers fail. A person who walks away after a loss is not a coward. Staying back to gamble does not guarantee the money lost will be recovered. A gambler who chooses to kill the urge to stay back and gamble more has very little to lose.

Those who have experienced a lot of ups and downs are prepared for whatever is coming to them. They don't expect a lot but there are also times that they are thinking of some good gains if they're confident with that.

But with that confidence, they're showing to themselves, they're also careful about what they're doing because this is gambling. It's a complete of games that are full of surprises.

You'll never know if your emotion is still right but then, with some losses you'll get triggered and that's what you have to watch out for when you gamble because you're right about greed. It's a major problem of all gamblers.

kotajikikox

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Quote from: Tungbulu on April 11, 2024, 07:55:40 PM

This is exactly what happens to gamblers who refuse to gamble responsibly but decide to chase their losses. I hope you all learned a thing or two from this little rollercoaster ride.

While most of your points(if not at all) are valid yet we must understand that other gamblers are not refusing the responsibility but its just that they are hooked that bad in which they cannot afford denying the betting and the losing.
but trust me some of them are dying to follow the responsible gambling but they cannot.

Quote from: moneystery on April 19, 2024, 10:01:06 PM

Quote from: Tungbulu on April 11, 2024, 07:55:40 PM

If you accept defeat and walk away, then you're safe, but if you say NO and decide to go in harder, there are still two things involved. It's either you get lucky, win and manage to recover your losses and then run away or you lose the bet once more and lose more than you planned to lose that day.

there are many gamblers who are like that where they prefer not to accept their defeat and keep gambling. as you said there are only 2 possibilities that will happen, they can win and recover their losses/get more money, or they can lose more money than they should. it is a natural law that people who gamble will accept this, so therefore gamblers must be able to wisely determine when they should stop and when they should continue gambling.

but mostly what happened is that they are losing instead of winning (only the site are gaining more)

Julien_Olynpic

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This is only true for a single game or only one session of play. You have won, made a profit and you are faced with the question: what to do next. But in the grand scheme of things, it doesn't make much sense. Most likely, you won by accident and the future fate of your money is also in the hands of Fortune. There is no strategy in this. Sooner or later you will want to play this game again and then these rules are unlikely to help you in any way. The only thing that could help you, besides risk management, is good forecasts.

lienfaye

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Quote from: betswift on April 19, 2024, 08:03:16 PM

In my opinion, the key to enjoying gambling is to see it as a form of entertainment rather than a way to make money. By setting strict limits on how much you’re willing to lose and sticking to those limits, you can enjoy the thrills without putting yourself at risk of major financial setbacks. Enjoying the wins when they come, but not letting the losses drag you down.

That's how it should be. Set limit on how much to spend and stick to it. Don't go beyond that, otherwise you'll experience the consequence of not controlling yourself. Greed is also one of the factor on why some gamblers (who became fortunate to win a decent) still end up losing it all. It's because of their greed for wanting more thinking the result will be the same again.

Thus, it's better to play just for fun and not to profit as main desire. Because if the latter is the reason why you keep on playing, you'll just pressure yourself while not noticing you already go beyond your limit on how much money you can only afford to spend.

moneystery

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Quote from: Tungbulu on April 11, 2024, 07:55:40 PM

If you accept defeat and walk away, then you're safe, but if you say NO and decide to go in harder, there are still two things involved. It's either you get lucky, win and manage to recover your losses and then run away or you lose the bet once more and lose more than you planned to lose that day.

there are many gamblers who are like that where they prefer not to accept their defeat and keep gambling. as you said there are only 2 possibilities that will happen, they can win and recover their losses/get more money, or they can lose more money than they should. it is a natural law that people who gamble will accept this, so therefore gamblers must be able to wisely determine when they should stop and when they should continue gambling.

wxa7115

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Quote from: Zoomic on April 19, 2024, 09:09:02 AM

I think a lot of gamblers will actually be safe if they prepare their minds for even the worst scenario. This is gambling and everyone knows that two things are bound to occur when one gambles, it's either a win or a loss. Preparing the mind for loss too will save one from too much grieve and unnecessary actions that will cause more harm to the gambler and his loved ones. Many gamblers lose control over their emotions because they only prepared their minds for a win. This is why most of these gamblers who claim to be victims of gambling go extra miles to borrow funds just to gamble. Gamblers will continue to encounter challenges if they view gambling as a winning platform only.

Gamblers should beware of greed. Greed is one of the problems of every gambler, it is the reason most gamblers fail. A person who walks away after a loss is not a coward. Staying back to gamble does not guarantee the money lost will be recovered. A gambler who chooses to kill the urge to stay back and gamble more has very little to lose.

This is an issue with people in general, I remember that one of my friends was completely crazy about a girl and finally he gathered the courage to ask her out, so far so good, however he could not see himself failing at all, to him it was a given she will agree to a date with him, even if for everyone involved it was clear he was going to get rejected, which is exactly what it happened.

But even then my friend was blindsided by it and was devastated by the rejection, so there is a lot of people out there that cannot possibly imagine themselves failing at anything, and when they do, they do not know how to deal with it.

Nrcewker

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This is why many experienced gamblers and traders have said to follow a golden rule and that is to set a particular profit goal. Play until and unless you rich that goal for a particular gambling session. In this manner you will keep a track of yourself, and hence you won’t gamble above the goal limit. Else many of the time it’s seen that, a gambler keeps on gambling thinking that it’s his day, but unfortunately at last bust all the balance.

Doan9269

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As OP have already suggested, let me add to what he has talked about with the two things being involved with gambling, if you're being tempted to go for more in gambling and loose, you will be disappointed that you shouldn't have made that decision for doing more, but if it happens that you go against your own wish to gambler more and left, you may not forgive yourself because you're not being satisfies to the level of being contempt with the way you have gamble.

betswift

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In my opinion, the key to enjoying gambling is to see it as a form of entertainment rather than a way to make money. By setting strict limits on how much you’re willing to lose and sticking to those limits, you can enjoy the thrills without putting yourself at risk of major financial setbacks. Enjoying the wins when they come, but not letting the losses drag you down.

alegotardo

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Quote from: Tungbulu on April 11, 2024, 07:55:40 PM

When someone puts in money into gambling, he should be prepared for two things because there are two things involved, it's either the money is lost or you get some extra more cash (depending on the odds you chose to bet on). and when you eventually win and get an extra cash, two things are still involved.
it's either you walk away with your profit or you decide to try again with the hopes of making more money because you believe today might just be your lucky day.

Loss is inevitable and every bettor should enter into a bet knowing that he has a more than 50% chance of losing 100% of the bet (in most cases).
If the bettor is lucky enough to win "relevant" money, then in my opinion this is the smartest strategy the person should take:
Save or withdraw at least 50% of the amount won and do not bet any more. The rest you can use to make new fractional bets or go all-in to try to multiply it again.

It's important to say: If you lose everything (what you didn't save), don't make new contributions or change your reserved amount from the first bet, this is essential.
And if you win again, you will again need to make a reservation or withdraw 50% of the amount won.

Rockstarguy

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Quote from: FatFork on April 12, 2024, 02:53:27 AM

Quote from: Tungbulu on April 11, 2024, 07:55:40 PM

To sum it up - gambling can be fun, but you're risking money for a reason. Sometimes you win, often you lose. Because casinos profit from people losing not winning. The key is having the self-control to quit while you're ahead.

But as others have already noted, maybe you could use paragraphs next time. Wink

Having self control in gambling is very important because it will save you a lot from losing money. It is important when a gambler have self control and knows the limit of playing gambling. To stay away from losing much in gambling one just need not to play gambling much , this is the only way to avoid losing money in gambling. If gamblers are able to control the way they play gambling that means they do not have any problem to do with gambling.

Quote from: Doan9269 on April 18, 2024, 05:57:01 AM

It is well known that in life, irrespective of what decision is being taken, we either made the right one or the wrong, but we can make control of our self to ensure that the way we are gambling is not without control, this will begin from how we are able to gamble moderately, avoid been greedy and how we also make effective use of our time on quality things that worth it while gambling and when doing other things.

When people are unable to get rid of greed that is the beginning of problem in gambling. When one is too greedy it can lead to addiction is very difficult challenge in gambling.

passwordnow

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Quote from: Tungbulu on April 11, 2024, 07:55:40 PM

If you win back your money, then you're safe, but if you lose, there are two things involved. It's either you accept you've been defeated and walk away with whatever you're left with in your account/bankroll or you decide to chase your loss by doubling your usual stake so you can win and recover the ones you've lost with just one single bet and then retire for the day.

If you accept defeat and walk away, then you're safe, but if you say NO and decide to go in harder, there are still two things involved. It's either you get lucky, win and manage to recover your losses and then run away or you lose the bet once more and lose more than you planned to lose that day.

If you win the bet and run away, then you're safe but if you lose again, there are still two things involved. It's either you finally realize that the whole loss chasing is pointless and will only lead to more losses or you become more desperate and frustrated and then decide to go again, this time with a much higher stake or even decide to go all in with everything you've got to make the final kill.

These are a must when you don't want the casino to take back your money. If you win some money then make sure that you're able to secure them. If you've lost a lot and you're okay with that defeat, then you don't need to be emotional because you've lost that much and just accept it and go away and gamble some other day again. And mostly, if you've won with your bets, that's all you need to think of, to make your money be safe and put it somewhere else like buying bitcoin or any other crypto so that it won't be taken back to you. Because if you're going to gamble that again then it's likely that you'll be losing that money and there's nothing left to you anymore. And much worse if you'll be using another amount of money for you to recover those losses because no matter what happens to you, you'll want to take it back but if you're the 2nd category on this quote then much better.

alani123

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That's a lot of words to describe chasing profits imho. The practice of chasing profits is bad either way because you just risk more to earn nothing. It's the sunk cost fallacy all over again. This thing has been a known fallacy for centuries.

But if you're really into it, no need to reinvent the wheel. Gambling has principles applied to it like any gamefied thing so the sunk cost fallacy and anything that's been said about it still applies here. Nothing to gain when you're in loss but lots to lose. On the one hand I do kinda like tho that's discussion about how people perceive it. People that have been burned from gambling and regret it, saying they won't play again, are indeed on a good path and these stories are worth sharing.

So to me that's what matters. Caring about your life and doing meaningful things. Finding meaningful employment to you, getting a sense of community etc. It's all good. Spending too much time on gambling isn't contributing to a greater cause overall so if you're feeling like you're burned maybe taking a break or abstaining is the best choice.

Yatsan

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All boils down to one's satisfaction. We always have a choice to make; if we are in profit we could just walk away with it and continue the next day, but there are times we'd desire to win more, and given how uncertain gambling is, we sometimes end up with nothing. Same thing goes when we are in deep loss, we have a choice to just accept things ans try again the other day, however, inner you would risk everything to get back with what you've lost but end up losing more.

The catch here is that, losing would be more certain and what gamblers should focus more into is to be prevalent of it any way possible. If you're in trouble of your gambling win-loss ratio, choose to cut loss and if you're winning then always prioritize securing the profit 'coz we will never be certain of winning no matter how much we want it to be the outcome.

arjunmujay

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Quote from: Zoomic on April 19, 2024, 09:09:02 AM

I think a lot of gamblers will actually be safe if they prepare their minds for even the worst scenario. This is gambling and everyone knows that two things are bound to occur when one gambles, it's either a win or a loss. Preparing the mind for loss too will save one from too much grieve and unnecessary actions that will cause more harm to the gambler and his loved ones. Many gamblers lose control over their emotions because they only prepared their minds for a win. This is why most of these gamblers who claim to be victims of gambling go extra miles to borrow funds just to gamble. Gamblers will continue to encounter challenges if they view gambling as a winning platform only.

Gamblers should beware of greed. Greed is one of the problems of every gambler, it is the reason most gamblers fail. A person who walks away after a loss is not a coward. Staying back to gamble does not guarantee the money lost will be recovered. A gambler who chooses to kill the urge to stay back and gamble more has very little to lose.

The cowardly nature of gamblers is more about not wanting to admit defeat. If he wants to admit it, of course there will be no such thing as wanting to return the money he has lost, let alone borrowing money to gamble again and hoping to recover his losses with that.

Apart from affecting mental factors, defeat also has a financial impact of course. Therefore, it is also important to regulate how much money will be used for gambling.

dansus021

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when you eventually win and get an extra cash, two things are still involved.
it's either you walk away with your profit or you decide to try again with the hopes of making more money because you believe today might just be your lucky day. for me it is simply Im going to take the profit and walk away hahah just kidding sir

Two thing is involved so what I do is simply going to withdraw at BEP from my first deposit and play again for the other chance by using extra cash from the first won Grin

Life is basically a gambling so why not try again hahahahhahahah

justdimin

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Quote from: harapan on April 18, 2024, 03:23:54 AM

Wow, exciting this thread is so hilarious as I could remember a longtime comedy of such where the comedian was making an illustration that in life there are two things involved either your a man or a woman,but that's the circle of Life usually in everything you find yourself to do,two things are always involved.it can be good or bad,a loss or gain and that's it .
And in gambling yes it's applicable too cause you might win or lose depending on your abilities and strategies

Apart from the original man and woman, new genders have also been discovered lately. You know those who are part of a movement called LGBTQ. There is nothing wrong whichever gender you fall, so I won't compare them to the good and bad sides. When it comes to gambling, losing money can't be the bad side because it's only part of the game. The real one that is bad is when you do a harm to an innocent individual.

Quote from: harapan on April 18, 2024, 03:23:54 AM

but you need to take vivid consideration on how you tackle each steps you take.

This sounds serious already and shows that maybe the person is already problematic because of gambling but indeed they must have this kind of thinking, so that they won't just continuously play and do more damage to their life later on.

Zoomic

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Quote from: sunsilk on April 18, 2024, 09:05:29 AM

Once you gamble, you should expect the unexpected at all times. Are you calm now? If you don't expect to be triggered later then just don't expect anything.

I think a lot of gamblers will actually be safe if they prepare their minds for even the worst scenario. This is gambling and everyone knows that two things are bound to occur when one gambles, it's either a win or a loss. Preparing the mind for loss too will save one from too much grieve and unnecessary actions that will cause more harm to the gambler and his loved ones. Many gamblers lose control over their emotions because they only prepared their minds for a win. This is why most of these gamblers who claim to be victims of gambling go extra miles to borrow funds just to gamble. Gamblers will continue to encounter challenges if they view gambling as a winning platform only.

Gamblers should beware of greed. Greed is one of the problems of every gambler, it is the reason most gamblers fail. A person who walks away after a loss is not a coward. Staying back to gamble does not guarantee the money lost will be recovered. A gambler who chooses to kill the urge to stay back and gamble more has very little to lose.

Stepstowealth

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Quote from: Doan9269 on April 18, 2024, 05:57:01 AM

It is well known that in life, irrespective of what decision is being taken, we either made the right one or the wrong, but we can make control of our self to ensure that the way we are gambling is not without control, this will begin from how we are able to gamble moderately, avoid been greedy and how we also make effective use of our time on quality things that worth it while gambling and when doing other things.

Everyone at one time has had to make a hard choice to either continue or to stop and when it comes to gambling, sometimes, the decision we make during and after a gambling session, is either over joy or over kill.

Greed doesn't look like what it sounds, but when you see yourself wanting more funds after a big win, then please know that is what greed looks like. But when we chose to walk away or change to another kind or gambling game, the odds may be much more contained despite swift loss or more gains.

sunsilk

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Once you gamble, you should expect the unexpected at all times. Are you calm now? If you don't expect to be triggered later then just don't expect anything.

I agree with all that you've said that it's all about being safe when you gamble. Even if other gamblers tell you that you're playing safest with how you gamble, why would they care about you? it is your money in the first place.

It all ends up now with how you control yourself and the goal that you have but mostly, IMHO, don't even have a goal when we gamble and it's just all about winning some and then leaving the casino when we think we've been satisfied.

Topic: THERE ARE TWO THINGS INVOLVED - page 2. (Read 635 times)