Topic: What is best practice for gambling?? - page 21. (Read 19747 times)

Gambling is gambling, it is easy to say these things when we are just advising it to someone who is very addicted to gambling but when we are on that shoes, it is hard to control ourselves. I know that since I am in that shoes in the past and I am so blessed that I got out of that habit. I said this and I will repeat it, the best practice is not to gamble or the practice of avoiding yourself from gambling.

Also learn how to familiarize things up in gambling using the free satoshis that they have. Don't use any capital in the first place if you are just new to the gambling world if you don't want to lose it, and I think practicing in gambling is not really appropriate to do, what I mean is hello, this is gambling mate practice won't make you win as always, lol.

The best advice you can take when gambling it's a very similar one to trading on the markets: Never try to take a vengeance against the odds, just like you can't attempt to take a vengeance against the markets when you have a bad trade.

This means, when you lose, don't get mad and gamble out of fury, this fury will enter you into a insanity spree and you will end up losing a lot of money. In trading, a lot of people fall for the same trick. The best victory sometimes it's knowing when to retire and come back stronger another day.

The best practice for gambling that we need to adopt is the attitude of contentment and not greedy. Do not allow yourself to be addicted on that vices. Set up limitations at all times.

If you've already won, walk out, and get back in the other day, with the same amount you bought in before.
If you desired to win more, you have a high chance on of losing, and possibly everything

It’s like giving yourself for a free rodeo to understand what you are going to go to. I think that’s the main factor, if you have the feeling of getting addicted, better stop it because you might not control yourself from addiction.

It is like playing a demo and just like before entering the crypto currency you take a demo for trading and see if you can understand and get it right in the same way it is important to play some demo and just get the feel of it.

The best suggestion or advice I can give you as a past gambler is not to gamble at all. Gambling ruined a lot of lives in the past and also in the future, that's how it works.  I have some experience and I know a lot of other gamblers experienced it rough than me but what I've experienced is enough and I think you are not the one who's worth of losing your life because of gambling. Just invest on other things and don't gamble.

There isn't any safe strategy, don't get me like that. I'm saying that you gain less and less risk if you do these things, but there is ALWAYS a risk, I mean. Even if you somehow had positive edges like in some promotions I've seen, there is STILL a risk. And I'm not saying to use your funds to find these 1% gains. What I'm saying is look around. Don't deposit until you're sure you've found the best deal while locating a casino that actually pays of course.

Never gamble under pressure either. Expect always always to lose.

You may play online free games prior to gambling with real money. Look out for faucets and other simple means to earn a little income for free and try to use that for your gambling purpose. Be sure that gambling is done only for fun and entertainment. In your post you have mentioned the word ‘investment’. Please do never consider putting in your money into gambling as an investment. You should gamble only with the money you are ready to completely lose.

There are few crypto casinos and other gambling sites that are available for you to make use of. You may play also poker. However, prior to your investing time and money, please do make a study of how the gambling works and try understanding the pattern for wins and losses if you can.

It is always better to try and understand a method by which you may proceed with real money rather than blindly putting in your money and hoping for miracles. Know for sure in gambling you will lose everything. It is better to have this attitude so that you don’t invest the money that you ought not to afford to waste.

Gambling leads to serious addiction. Hence, you practice for free in the area you wish to gamble. Try studying the patterns and then move deeply into the same. Gambling creates desire to earn more money and lures one to spend more money in it. But the very fact of gambling to make more money is antithesis of its reality. Practice, play with real money, have fun, some entertainment and gain knowledge. That is all with gambling. Never take it as an investment.

the best practice for gambling with little investment is to get to the minimum investment figures and invest into casino's bankroll
this way you are "gambling" with the house advantage on your side and it is much less risky
if you have some really small bank,as in 200k satoshis or less
I suggest you go for one of the martingale strategies and set aside all of the profit and then bet only using that profit,rinse and repeat
you can try this martingale strategy:   3x multiplier, 2 satoshi base bet , 56% increase on loss
with a small bank of under 200k satoshi it is not that likely to  bust  very fast,but if you are lucky
it can bring you enough profit to try something faster and riskier

also,you can search youtube for the strategies,but for the best part they are tailored so that you wager alot before busting and of course there will be an affiliate link to
this super casino that will make you rich just like on the video,make sure you use your judgement and don't fall for the obvious affiliate trap strats

Gambling games can be classified into different types, if you do mention about dice and other luck-based games then it doesnt really need experience for you to take advantage but if we do talk about sports betting and poker then it would be somehow considerable.
Good idea but we do all know playing for free or with deposits doesnt really still change the fact that we would still lose up money in the end. The thing we should always put in mind we do play for entertainment not for money making this would always been effective and a best practice anytime.

maybe this we can use safely. but there is a big risk of a 1% gain in search. if we fail in the first try. it will drain our funds. and maybe gambling under the pressure will make us a little frustrated

Stick to the basic idea: hunt for the best criteria to give you the best chances of getting profit. Ultimately, gambling puts you, the player, at a disadvantage, but if you stretch out the timeframe long enough and play to the best of your abilities without emotions, you can stand a chance of getting ahead, and quitting while you're ahead.

So this means:

- lowest edges. Shop around. Huge difference between 1% edge and 2% edge.
- best odds. Shop around. 10 bets with 1% better odds means 11% growth of profits.
- provably fair. Know the bets are fair. Crypto gambling only provides this.

Play for free until you fully understand the game before you play for real money.

1. Always play at a site with good reputation and most importantly one that doesn't ask for KYC documents. I could name a few but crypto-games.net is the best one I could think of.

2. Best practices are subjective to games of your choice and the bets you make. Try to stick to dice games if you aren't very familiar with plinko/poker/slots. Each works differently.

3. If you're not playing for the fun of it, you shouldn't. Rather invest in the house which can be lucrative depending on the website of your choice.
 

Straight-up gambling should not be treated as an investment at all- gains in gambling are an illusion that only appears in the short term as house edge ensures that you're never going to make a profit in the long run. If you're looking to make money reasonably safely, some good options are investing in online casinos (more information can be found at this site) and/or lending to exchanges and possibly trading. All of these options carry risks, though if you take steps to minimize risk like not going all-in on lending or trading (therefore you don't lose all your funds in an exchange hack and don't lose it all in one trade), they're all reasonably profitable investments with low risk.

The golden rule that gamble only what you afford to lose.

Whether you have a little amount to gamble but make sure that you can avail that whenever you lose in any gambling game that you chose to play.

To be a successful punter you need to do some math and stick to a plan in the long-term. First off, you need to divide your investment sum into little stakes. Your bankroll or investment should be split into 30-50 stakes. As a rule of thumb one should bet 2% to 5% of their bankroll per bet at most at all times. No all-ins, no 50% stakes because you had a 'hunch' etc. Increase or decrease the betting stakes depending on your wins and loses. That's all. And don't forget stellar discipline, that's the hardest part of gambling.

Thanks for your suggestion