Topic: Tips on staying responsible. - page 22. (Read 2749 times)

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.

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

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.

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.

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.

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.

The watchword here is discipline, because if you have it then you're in control of your decisions. Without having a financial discipline, people tend to over indulge in the fun or habit of gambling, not knowing when to take a break or call it quit for that time. As far as they're winning they'll keep playing, they'll only realize how far they've gone when they've spent all their money, after many loses.

Just like they say in alcoholic beverages, drink responsibly, the same thing applies in gambling, so far you know when you've reached that limit to call it a day, then it's all good. So for gambling i agree with the submissions of some members on this topic that it's better to have a budget for gambling before you start, and I add to it that the individual should be disciplined enough not to exceed the gambling budget.

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.

So do I, it's definitely risky considering it's still a centralized entity and who knows if they'll just maliciously drain your bankroll overnight and you haven't somehow know or you didn't print screen your balance. That's indeed possible especially if you're into a casino that isn't as secured or established.

Totally agree to it. Applying this on gambling alone will give a huge impact on how to handle self control. There’s some instances that people don’t care how much he is already betting whenever he already loss huge part of his total bankroll. Depositing all your money in the casino will gonna cost a lot when user encounter this kind of madness even though his total bankroll is still high.

I never deposit huge amount in casino because I’m scared that I will lose it all no matter what responsible I am in gambling. It’s very hard to control yourself when influenced by heat of the moment of gambling.

To remain responsible in crypto gambling universe is a must. You can't survive for too long on this environment if you aren't a responsible player who respects your financial limits and goals. That is actually how we measure a responsible behavior from an unresponsible one here. If you don't have any control over your gambling activity and it ends consuming money you should be holding in your BTC wallet or cashing out to pay for your daily expenses, it means you are in a big trouble and must change your posture before it's too late.

I don't think there are any secrets or misteries on it. All you have to do is to change your behavior. If it's hard for you to do this, start is lower dosages, in minor actions of your day, always increasing these changes progressively. Don't stay idle during the day, because it might trigger a compulsive behavior on gambling. Occupy your time with healthy activities, talk to other people, go to the gym or take a walk at the park.

Sometimes to be more successful on this digital world you have to take some distance from it for a while... Don't focus your life only on the digital, rather still give the analog world a decent length of your time.

Don't put your eggs in one basket, diversify it especially your funds. Be mindful to have a hardware wallet if you own several cryptocurrencies. That's the basic tips if you have want to secure your funds in gambling but to be responsible is not something that's just being pass onto mouth, you need to put an effort on it as well.

Well, the thing is, man always have need for money and when such man is gambling, which give him the opportunity to make that money, he or she will always want to find means of making that money from gambling, most especially, since he or she will be putting money in as well.

Poker is not a very regular game amongst gamblers, and by this, i do not mean that the game is not popular, but i mean that, the game is not one that many gamblers know how to play, i myself do not know how to play poker, so even if poker is the only game through which gamblers can indeed desire to make money from without breaking any gambling rules, those who do not know how to play this game and still want to make money will surely transfer that desire to other games they know how to play, and this is where most gambling problems arises because, gambler always end up looking for money through games that may likely not give them that which they seek.

If you ask me, it is quite the opposite. If you take gambling as a way of making money and you clearly understand that this may only be done in certain games such as poker and never ever by trying to be "smarter" than the house, you can be perfectly responsible about the matter. It is more difficult precisely for people who actually play for ego and is all about how "they feel about it" which is about themselves really.

I do not know if what you are trying to say in that sense of limitation by a gambler is to reduce the rate at which they frequent casinos or if it is based on budgeting for gambling, but however the case, maybe you are some whort right mate because this can control the rate at which a gambler spends on gambling.  Limiting constant visits to a casino can help you reduce the rate at which you gamble, and when you have a limited budget for gambling, it guides you through not spending all you have on gambling. With these rules, you can save from your earnings and, lastly, gamble responsibly. Do not gamble to earn money, but for fun.

The key facts is discipline. Whoever is disciplined can be able to handle gambling issues and the best way to do that is to set up budget for gambling and when such budget is exhausted you try as cool as possible not to trespass.

Money management and risk management is not what everyone can do. It is difficult unless the person has some financial knowledge. Even people with financial knowledge it is not easy to handle. The best thing is to remain disciplined and mind your budget.

Many people say that limits are the most important indicator of responsible gambling, and that is true, we agree that limits are a very good foundation for implementing responsible gambling, but there are many more, such as money management, time management, mental/self management, and yes, people who can control themselves, understand their limits are people who can be categorized as responsible gamblers, so far it will definitely be very difficult for most people because it requires more awareness in its implementation, I hope for people who cannot gamble responsibly , keep trying and until finally you will implement logical limits in the gambling you do.

Make a limitation that it, there are alot of gamblers want to become responsible at the end is they keep spending alot of money without knowing its too much with their designated budget and then keep asking how they manage their money, because they have control to themselves, not as always you have the money and become an instant millionaire in gambling. It is useless if you have the proper trading plan even on yourself youve denied those rules you've set.

1. Always use money management.
2. Set the limit of money and time you ready to lose.
3. Never break these rules.

Money management - you have to increase or decrease you bet when your deposit changes. I mostly try to have between 10 and 20 bets on my deposit. If i withdraw or lose some money - i decrease my bet anyway.
Time limit - even if i win, i stop after 2 hours(for example) of gambling. Until next planned time.

It's not that hard to avoid becoming an addict in gambling, people just tend to solve their problems using the wrong ways.

1. You don't have money you make every month? Getting a job is the solution, not gambling, those money you are able to gather is for you to use for finding a job and sustaining yourself for a while, so divert your energy into job seeking.

2. There is no such thing as financial freedom in gambling, so you leaving your job behind for gambling or not giving the best attention needed to your job is insanely stupidity,  gambling can't give you the source of income you are looking for, you win today can take days or week to win again and if you aren't lucky one you might gamble for months without getting anything.

3. If it's easy to become rich no one will be struggling today, understanding the worlds fact will safe you most times from stupid thought and ideas, even those that are on the right part are still falling, that shows how hard it is to become successful, so why would gambling turn this around for you? Limit your expectations.

4. When you lose you lose, there is no coming back, leave to fight another day, but it's stupid to believe you can get the money back, you have just given in to gambling addiction, do not chase your losses, it makes you vulnerable to stupid moves.

The last advice for you is to have a budget off your monthly income and don't ever increase that budget unless you are earning more from your job than before.