Tips on staying responsible. - page 21.

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Quote from: raybucks on October 19, 2023, 06:43:39 AM

Let's discuss the unique challenges of responsible gambling in the world of cryptocurrencies.

Crypto gambling can be fun, but it's important to keep our financial boundaries intact.

Share your tips and thoughts on staying responsible in this digital realm.

Imho, what's even more important than setting a reasonable budget is your attitude towards gambling. If you treat it seriously, as a job, you are far more likely to fail. Treating gambling as a hobby, just for fun, helps a lot.

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Quote from: raybucks on October 19, 2023, 06:43:39 AM

Let's discuss the unique challenges of responsible gambling in the world of cryptocurrencies.

Crypto gambling can be fun, but it's important to keep our financial boundaries intact.

Share your tips and thoughts on staying responsible in this digital realm.

You have already mentioned.

"KEEP YOUR FINANCIAL BOUNDARIES "

that is the main course people must know about when and how to gamble , as this talks about money more than fun.

Limit your gambling budget, know when to stand the table and learn not to chase losses.

if you managed those then you are good to go in gambling .

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Quote from: khaled0111 on October 20, 2023, 05:56:11 PM

There is no difference between using cryptocurrencies or fiat money when it comes to gambling responsibly. At least this is what I believe.
Whatever you do to avoid gambling irresponsibly when playing at a fiat casino, do it when you play at a crypto casino and you will be fine. It's as simple as that.
Members above gave you many useful tips and advices to help you control yourself and your budget when playing. Just follow what they have said.

Well, in my opinion there could be a small but important difference when comes to gambling with Bitcoin or other cryptocurrencies, in comparison to using FIAT. Take me as an example, I live in a place there a casino with high reputation is nowhere to be found, mostly because our government does not like casinos, so any gambling with Fiat stays small and probably underground.

If there was not for Cryptocurrencies, thousands or even millions like people in my situation would have no option to gamble (probably only to sport bet, but that is a different history, since it is easier to sport bet than gambling here).

Also, there could be some effect of dissociation between FIAT and crypto, similar to what casinos seek when they do people to exchange money for casino chips, it could be emotionally easier for the average user to gamble with satoshis than FIAT, but that is just my personal opinion, of course.

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There is no difference between using cryptocurrencies or fiat money when it comes to gambling responsibly. At least this is what I believe.
Whatever you do to avoid gambling irresponsibly when playing at a fiat casino, do it when you play at a crypto casino and you will be fine. It's as simple as that.
Members above gave you many useful tips and advices to help you control yourself and your budget when playing. Just follow what they have said.

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Quote from: serjent05 on October 20, 2023, 05:34:07 PM

In staying responsible when engaging in gambling, it is not bad to have a record of your win and lose data. This will keep us on track with our gambling spending and will make us aware if we are losing too much or we are in winning momentum. This will also enable us to think of ways to prevent too many losses by imposing certain discipline and limitations on our gambling activity. Knowing where we stand in terms of finances is one good way to determine to stop or take a break in our gambling activities to not affect our finances negatively

in reality, hard to do such task of recording your wins or losses. for me, it is better to just set aside a certain amount of money per week or per month for your gambling activities. and treat it as a loss already. you should not count this as potential winnings or of that sort. some can do the recording but believe me, usually it is only at the start, and later on, you will be too lazy to do such chore. so you need to think of more practical approach that you think can sustain and still helping you out to address this dilemma.

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In staying responsible when engaging in gambling, it is not bad to have a record of your win and lose data. This will keep us on track with our gambling spending and will make us aware if we are losing too much or we are in winning momentum. This will also enable us to think of ways to prevent too many losses by imposing certain discipline and limitations on our gambling activity. Knowing where we stand in terms of finances is one good way to determine to stop or take a break in our gambling activities to not affect our finances negatively

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Quote from: tusandii on October 20, 2023, 04:52:49 AM

We have often discussed this discussion or question in this forum, but it is very interesting to discuss because not everyone can gamble responsibly.
What I know from several experiences and several other people experiences is that gambling responsibly is word that is difficult to do because related to responsibility, we must be able to maintain our commitment to something that we have planned but it is not easy enough to do because greed is always a problem. barrier for responsible gamblers.
The other side of all this requires strong mental guidance to become a responsible gambler getting used to trying to be consistent with the rules that have been made, I think it will work.

Greed have indeed been the major tool that have created a lot of crisis in our gambling life and this also impacts a lot on other aspects of our lives, this is why a lot of time, we always advise that we take care of our greed tendency because greed leads to a lot of the cases of gambling addictions around the world today.

If anyone can control their greed level while gambling he will easily avoid getting into addictions and that will go a long way to position us better for the future.

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People can learn all sorts of tips and tricks, but when it comes down to it there is nothing you can do to realistically stop yourself from gambling irresponsibly. You just need to be a man and take responsibility for your decisions. If you don’t want to lose more than a certain amount gambling, don’t bet more than that amount. It isn’t rocket science.

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Quote from: aylabadia05 on October 20, 2023, 02:51:43 PM

Quote from: raybucks on October 19, 2023, 06:43:39 AM

Share your tips and thoughts on staying responsible in this digital realm.

If you compare it with the tips given by other people here, it's almost identical. My tip, set money as playing capital and determine the time that will be spent playing. When the set time has arrived, stop for the day and resume tomorrow.
If the money used as playing capital decreases, assume you have lost. If the money increases from the initial capital, still stop. That means you win and continue again tomorrow.

Only a discipline gambler can stick to that. You know it's really easy to say that but it's definitely hard to follow for most of the gamblers. Because gamblers in reality do not just stop betting even if their set time and money have lost already. Instead, they continue to bet even more not only to recover the money that they have lost, but sometimes to get satisfied with their gambling addiction. And this is where they continue to incur losses because they can't stop from satisfying their urge in gambling.

However, I believe that what you advise is really effective. No one will certainly lose a lot if gamblers will follow what you said. And for my own advise, if you decide to gamble, do it for fun and not to earn for living. Because the moment you see gambling as an earning opportunity, you lost the real purpose why you are gambling in the first place.

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Quote from: Fivestar4everMVP on October 20, 2023, 03:18:39 AM

Staying responsible in gambling requires extra tips aside from adhering and obeying all the rules to gambling responsibly, one of such which I personally believe to be the foundation to responsible gambling is self-control.
I see self-control as the foundation to responsible gambling because, if we talk about gambling only with funds one can afford to lose, doing this requires self-control, if we also talk about not chasing after ones loses, talk about setting a bet limit, talk about setting a loss limit, talk about self-exclusion when one feels he or she is already going too deep in gambling, just talk about anything that is patterning to responsible gambling, it's all tied to self-control.

So if a gambler masters to control him or herself in all of his or her gambling activities, rest assured that gambler have probably won the battle in reponsible gambling.

The gambler should understand the fact,the money he using should be responsible by themselves.Because the gambling is based on the money,if you play the offline game like cricket or football.The gambler no need to pay any money for the conducting people.The only way to pay money for the bet matches,So the gambling had based on pure money based game.For very game,you will pay the money before the game begins.So if you won the game,you will get the money back along with the deposit money to the game.But if you loss the same game,your money will be shared by the gambling website and the winner.

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Quote from: aylabadia05 on October 20, 2023, 02:51:43 PM

Quote from: raybucks on October 19, 2023, 06:43:39 AM

Share your tips and thoughts on staying responsible in this digital realm.

If you compare it with the tips given by other people here, it's almost identical. My tip, set money as playing capital and determine the time that will be spent playing. When the set time has arrived, stop for the day and resume tomorrow.
If the money used as playing capital decreases, assume you have lost. If the money increases from the initial capital, still stop. That means you win and continue again tomorrow.

Being not addicted to gambling and being responsible in every aspect of life, this is what i can give to someone who is a gambler that needs my help in suggesting how he could be a responsible gambler, people were actually watching us even when we are unaware that they do, gambling should give us fun and not depression, we are not to complicate our lives all because we are gambling when we becomes irresponsible to every of our actions, we should always endeavor to watch our steps and do the right things without waiting for others to tell us what to do.

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99% of all gamblers quit before their big win

Kidding, I try to not spend too much percentage of my money on gambling. I usually place bets on esports games to make them more attractive to watch, however this seems like unhealthy behavior already

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Quote from: Wiwo on October 20, 2023, 02:18:33 PM

Quote from: Fortify on October 20, 2023, 01:20:04 PM

Quote from: raybucks on October 19, 2023, 06:43:39 AM

Let's discuss the unique challenges of responsible gambling in the world of cryptocurrencies.

Crypto gambling can be fun, but it's important to keep our financial boundaries intact.

Share your tips and thoughts on staying responsible in this digital realm.

If you're into sports betting, avoid placing large or many bets on new sports - even if the odds seem enticing. It's better to learn a new area slowly but high odds return potential can lure you to spend way more than you should, like in horse race betting for example. Don't play when you're tired, hungry, irritable or under the influence of any drugs or alcohol, as it can reduce your decision-making skills. Know how to read the signs when you are on tilt or sinking in a lot of good money on a bad run. Sometimes you just have to accept a bad day and leave before losing any more money, that anger will cloud your judgement and only get worse as the losses mount. If you ever stop having fun, then it's probably time to give it up.

Yes, exposing your risk level higher due to multiple games bets will only lead to massive losses because definitely, one or two games must cut the tickets, many have made this mistake before, although multiple games selection will increase your total winning but then if you failed to apply the cash-out method you may lose along the line because even if your predictions are right in the first few games, the last game on the ticket can still cut the ticket and this is why it due better to apply cash out whenever we see that we have made multiple bets selections.

But if you are not good at cash-out calculations, then it due best to just bet on a single game that you are sure of at least to some extent.

You shouldnt really be ignoring even on the slightest detail when it comes to cash-out yet this would really be that crucial and would really be determining whether you would really be that ending profitable or not.
Multiple bets isnt bad as long you do really know on how to make out such action on the time that you would really be making out some wins but if you do fail on doing that then it would really be that resulting that
it would really be that somewhat pointless or useless.Every mistakes that a gambler could possibly do is something that i have already been able to do so or commit on, on which you cant really be able to
make yourself that realize on the time that you had noticed that you had done something wrong on which it is really that a common approach or reaction that you would really be making.
On being that responsible then its a must thing but due to some impulsiveness inside then you would really be doing things which arent supposed to be done.

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Quote from: raybucks on October 19, 2023, 06:43:39 AM

Share your tips and thoughts on staying responsible in this digital realm.

If you compare it with the tips given by other people here, it's almost identical. My tip, set money as playing capital and determine the time that will be spent playing. When the set time has arrived, stop for the day and resume tomorrow.
If the money used as playing capital decreases, assume you have lost. If the money increases from the initial capital, still stop. That means you win and continue again tomorrow.

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Quote from: Fortify on October 20, 2023, 01:20:04 PM

Quote from: raybucks on October 19, 2023, 06:43:39 AM

Let's discuss the unique challenges of responsible gambling in the world of cryptocurrencies.

Crypto gambling can be fun, but it's important to keep our financial boundaries intact.

Share your tips and thoughts on staying responsible in this digital realm.

If you're into sports betting, avoid placing large or many bets on new sports - even if the odds seem enticing. It's better to learn a new area slowly but high odds return potential can lure you to spend way more than you should, like in horse race betting for example. Don't play when you're tired, hungry, irritable or under the influence of any drugs or alcohol, as it can reduce your decision-making skills. Know how to read the signs when you are on tilt or sinking in a lot of good money on a bad run. Sometimes you just have to accept a bad day and leave before losing any more money, that anger will cloud your judgement and only get worse as the losses mount. If you ever stop having fun, then it's probably time to give it up.

Yes, exposing your risk level higher due to multiple games bets will only lead to massive losses because definitely, one or two games must cut the tickets, many have made this mistake before, although multiple games selection will increase your total winning but then if you failed to apply the cash-out method you may lose along the line because even if your predictions are right in the first few games, the last game on the ticket can still cut the ticket and this is why it due better to apply cash out whenever we see that we have made multiple bets selections.

But if you are not good at cash-out calculations, then it due best to just bet on a single game that you are sure of at least to some extent.

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Quote from: raybucks on October 19, 2023, 06:43:39 AM

Let's discuss the unique challenges of responsible gambling in the world of cryptocurrencies.

Crypto gambling can be fun, but it's important to keep our financial boundaries intact.

Share your tips and thoughts on staying responsible in this digital realm.

Gambling is something I do with a lot of modest and responsible manner.
Yesterday I lost good money on a game that was given to me by a friend to play. He said,he is very sure of the game, he was explaining to me with a lot of conviction that I should play the game. I had to stake the game with a good amount of money, unfortunately all the games played against his predictions. After the incident, I've decided to give myself a break, to recover and also build my staking powers for more games ahead.
So I try as much as possible to regular my financial activities, to suite my gambling life

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Quote from: Wiwo on October 19, 2023, 04:33:09 PM

Quote from: tabas on October 19, 2023, 02:36:20 PM

Talking about being responsible, you're not gambling with the money you don't own. And if you do own it, you'll only gamble with the very amount that you're totally fine to lose it. Why do we keep saying this? Because we keep on reading stories that they've gambled with the amount that they can't afford to lose and that's why it should be repeatedly said for everyone to remember it. If no one tries to give this reminder and we keep reading more and more stories about how they've lost money they don't own and they can't afford to lose, the problem is on the person already and pretty much that you can be responsible as much as you can by just staying away to any casino and never gamble at all. Do not follow up those losses with another potential loss by gambling again.

Having financial discipline when it comes to gambling is a very important and for sure very needed tool to stay safe in gambling because financial problems are one of the biggest problems that we face in the gambling and for sure it makes much sense to have that addressed before we go into gambling, just as you rightly said having a budget and only gambling with money that belongs to you is the only to avoid financial stress that can lead into more problems that will only lead you to more confusion.

So to stay safe one needs to gamble with an amount you can part away with because there is no guarantee of winning from gambling so for that, if you must gamble then it should be at a level that you only take it as a means of having fun and entertainment and not a means to make income by staking high amount which will only put you at risk.

When you have emotional problems, that's when every plan becomes nothing and broken. Because you allow your emotion to dictate what you must do instead of following the plan you've made of only spending the amount you afford to lose. That's the mistake you do. There are so many ways to do just for gamblers to remain responsible. All you have to do is to look after yourself and try to do things that are right but, if you think something is right, it doesn't mean that you do somethings that are right. Kind of confusing but you'll understand that.

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Quote from: raybucks on October 19, 2023, 06:43:39 AM

Let's discuss the unique challenges of responsible gambling in the world of cryptocurrencies.

Crypto gambling can be fun, but it's important to keep our financial boundaries intact.

Share your tips and thoughts on staying responsible in this digital realm.

If you're into sports betting, avoid placing large or many bets on new sports - even if the odds seem enticing. It's better to learn a new area slowly but high odds return potential can lure you to spend way more than you should, like in horse race betting for example. Don't play when you're tired, hungry, irritable or under the influence of any drugs or alcohol, as it can reduce your decision making skills. Know how to read the signs when you are on tilt or sinking in a lot of good money on a bad run. Sometimes you just have to accept a bad day and leave before losing any more money, that anger will cloud your judgement and only get worse as the losses mount. If you ever stop having fun, then it's probably time to give it up.

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We're all prone towards betting more once we have winning streaks. Controlling ourselves is the key but it is also a difficult thing to do.

Like most of you guys who replied to this thread, we should always set a strict budget and not go beyond it to spend in gambling. Remember that the money you have spent in gambling is already considered as "dead money" because you may not know if it can make or break.

Whatever income you have, decide how much percentage that you can afford to lose as budget for your online crypto gambling. Once you win once, just call it a day and bet on the following day and vice versa.

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Quote from: qwertyup23 on October 20, 2023, 11:34:21 AM

Quote from: raybucks on October 19, 2023, 06:43:39 AM

Let's discuss the unique challenges of responsible gambling in the world of cryptocurrencies.

Crypto gambling can be fun, but it's important to keep our financial boundaries intact.

Share your tips and thoughts on staying responsible in this digital realm.

Always set your parameters. Having a designated and allocated fund for the day will definitely help in managing your expenses. In addition, never gamble using your credit card as this can potentially lead to a cycle where you would want to recover your losses.

In addition, I know it is easier said than done but control your urges. Even if you experience a losing streak, just know when to stop and call it a day. View gambling not as a money-making venture but as a form of entertainment. In that way, you may be able to prevent chasing for profits and you would do it for fun instead.

Setting personal limitations and discipline is just easy to say but really hard to apply to ourselves. We’ve been there, most of us did. I even remember my first year as a gambler wherein I had high hopes of winning the jackpot. Self discipline won’t be possible if our mindset is on the wrong path. Accepting how gambling works would be the key; that losing should be always anticipated. This would be enough to not let our emotions be in control of our game. The moment I have accepted the reality behind gambling is when I managed to limit myself from gambling too much and it made me enjoy this activity on a better aspect. Those who are looking for an easy and quick way to get rich are the ones who are struggling to quit as well.

Topic: Tips on staying responsible. - page 21. (Read 2994 times)