Topic: What I've learned so far as a gambler - page 2. (Read 2698 times)

It could be that any day we begin to see gambling as an investment instead of an opportunity to be unduly rich, that is when we will begin to make good profit from gambling without having to lose all we have or being emotionally affected. In an everyday investment if someone manages to have a return of investment up to 20% of their capital, that would be regarded as a very good investment by the person. But in gambling someone will win 300% of their capital and it still seem like they have not won enough.

You are mindset is also the mindset of thousand of gamblers which make them not to quit even when they are losing money than expected. Their mindset will be that the next gamble could be their turn to win and become heavily rich. But on a second thought they forget that things can go wrong uncontrollably.

Taking some profits from our wins is the right strategy as gamblers, gambling all of it wouldn't help us on the long run. The only problem I face in gambling is that most times the money kept for gambling would run out, hence I'd need to take out money from a different source to finance gambling. So, I prefer keeping the wins aside and gamble them gradually. Whatever comes from gambling should be added to the bank roll, then manage it such that I'd not run out of funds anymore. It's mainly about the control and management. That doesn't stop the gambler from quitting his gambling session, if he's questioning his ability to withstand his obsessions after a win. Your strategy, Swogerino, depends on how much you won and the amount of money that makes up the 20% you set aside for gambling. If it'll be enough to take you on a long gambling period till your next win, then it's a good strategy.

No matter the amount someone has made in gambling, it is always difficult to set a quiting time because they still gonna be hopeful to win even more in the future thereby after a win they still keep playing as some will even increase their staking power like if thet normally stake $100 on a bet they will now increase their staking power to $200 or more before you know all the money vanishes but telling me that a gambler should know when to stop gambling is really not obtainable but rather they can reduce their gambling habits.

I have my own rule when it comes to this.I won some days ago,no longer than this last Friday a big amount.I used that 80 to 20 withdraw rule and I invested that amount somewhere where I get additional recurring benefit as I buy a huge amount of cheap cryptos which I stake them to get this passive income through the year and the golden rule is to never get that money to gamble it again.That is the best one can do after winning.

The best way for those who have the habit of not being able to stop playing when they win is to withdraw some of the winnings and continue with the rest. The portion may be such as 80:20, or 50:50 of the total balance won at that time. So, there has been a withdrawal of more money than the initial deposit he got. However, make sure that the money that has been withdrawn is not used for playing again. LOL

All matters on how you do really assess yourself on things that happening around. You wont really be that so dumb that you wont really be able to determine on whats good and whats bad.
Just as said that you could really be able to learn up something on someones own experiences, it would really be just that depending on how you would really be able to
understand such situation because not all would really be that sensible into the things that they are dealing with not until that they would really be busting up themselves or experiencing those trouble
first before they would really be making those realizations. So it would really be up to you, we do have our own will and we do have our own decisions in life
on whats good and whats bad.

It's often perceived as a short rush and an opportunity to make easy money, but  lack of information and guidance makes it unsafe. I've found that education and self-awareness are crucial to gambling. Gamblers often don't realize the financial or mental costs. Oversight causes unneeded losses. Knowing the game and knowing oneself (when to quit and how much to spend) is important. Important point on mental health. Gambling can be stressful and emotionally draining, yet it's often overlooked. I think responsible gambling should encompass mental health. If gamblers had a plan, limitations, and risk awareness, the outcome might be different. Balance and control matter. I concur with your admonition about gambling altering lives. It's risky and never a reliable income source.

I agree with what you said that it is very easy for someone to be able to gamble their money on a casino platform but the most difficult thing is knowing when to stop. Because the bad habit of most gamblers is that they risk more money when they have earned more than their initial capital. They think that by gambling more money, it will give them the opportunity to win more money and make them rich, even though what happens is the opposite, where they can lose more money and in the end they will be stressed about it. Knowing when to stop is one of the keys to being a responsible gambler and all gamblers should know this.

You are making sense. You see, the issue with gamblers always starts from the beginning, they believe it is one kind of cheap means which is informal, forgetting the fact that it has to do with money also, and hence the need for proper understanding and guidance about it. Most gamblers are losing needlessly and avoidably, they can do better if they learn it well and know what to do and what shouldn't be done so that they can progress. Many will ignore mental health while gambling as well, not to talk of the managerial aspects of it, so I do not expect less, they will lose and get discouraged unless they can change.

Gambling on its own is fun and encouraging if one could carefully study it to engage it wisely, calculatively and responsibly. There is some mindset you do not take to gamble, and there is some money you should never gamble with, but most gamblers just gamble without any plan and restrictions, and in the end, they will be crying foul. It is not too late for anyone though, they can start over again, but no one should ever believe that gambling is a life-changing avenue, this is one of the issues gamblers have. Gambling should be engaged politely and with a light mind even if the bettor can still gain a little from it or believe so. Peradventure if a good engagement of the gamblers with with it makes the little expectation become big, fine, it is their luck, but it shouldn't be in the mind from the beginning. It will only corrupt it and make the gambler gamble anyhow.

that's right, to learn something of course we don't have to wait until things are really chaotic first because by hearing from other people's experiences we can also use it as a lesson that's what must be avoided it's best not to take impulsive actions because that will It is detrimental to ourselves in the future therefore it is better for us to prevent it than to treat it. Yes indeed if they are addicted to gambling  they will take impulsive actions and this will harm themselves in large amounts.

and the fact is that the host will always win, even though there are wins that we can get, they are only occasional and maybe not much,  because the big wins that we get are very rare It's true what you said,  for gambling which requires good skills, maybe it can make us win with the good skills we have.

Yeah right, depending on how you perform things out.  sports betting might give you decent advantages if you know the game so well, though it's not assured that you can make money continuously but with that good knowledge you can enhance your opportunity,  and adding to that,  it's better to keep yourself aware on how things works and how good is the outcome,  if you are not getting any good results it is much better to keep yourself away  to avoid losing much larger amount of money.

It would be always best that you shouldn't really wait for things to get messed up before you would really be making those kind of learnings on which we know that we could eventually learn up things
along the way and just like said that you could be able to learn on what are those do's and dont's when you do play gambling Dont make yourself that becoming that too impulsive when it comes to gambling because this is where people do usually fail or bust out on the time that they would be making themselves that impulsive on the way that they do bet. Its normal that losses is much more
than on winning because we do know that house do always win at the end, unless if you are doing sports betting or those card games which does need skill then outcome could
be depending on how well you do able to play on.

End of the day I have learn as a gambler if you are addected with it it's very bad habit and hearmful for you economical condition. If you learn properly and play it cold mind then that could be a game changer for your life. Because if you take stape cleverly then there is high chance to win and the claver wining can chenge your life. That's the reason take stape in cold mind and thinking.

If a gambler can focus on gambling responsibly, he will not stray from his limits and will know when he should stop gambling and will not continue gambling because he wants to recover his losses. Those who have gained a lot of experience and lessons from gambling should be able to become gamblers who are more responsible for their gambling and will not chase their winnings. They already know that gambling is just entertainment in their spare time, so they can use gambling appropriately and will not gamble excessively.

By learning, we can gain useful experience so that we know how to respond to gambling. By experiencing defeat, we can see what needs to be improved so that we don't experience even bigger defeats, and by learning, we can correct the mistakes we have made. If we learn well, we can become responsible gamblers who will not indulge their egos in gambling. We can apply limits well, always maintain self-awareness when gambling, and will not chase wins that are still difficult to obtain. It is quite difficult to do, but we can try because by trying, we will form a new habit which will be useful for us in preventing many losses. It's okay if we still often lose in playing gambling later, but as long as we are still willing to try to learn, that's when our maturity will get better, and we can behave as we should.

Becoming addicted to gambling does take time. We never know when someone will become addicted to gambling. Some people become addicted to gambling in a short time but can still control their gambling addiction. However, some people cannot control their gambling addiction and instead get deeper into their gambling. Many things can make us addicted to gambling, and all because we cannot control ourselves well while gambling.

Curing gambling addiction is not easy and requires hard work to get rid of thoughts about gambling until we can really control our thoughts so that we don't think about gambling. And it requires continuous practice so that we can successfully get rid of thoughts about gambling. Maybe doing other activities can help someone to remain aware that he must be able to overcome his gambling addiction before his gambling addiction really ruins his life. But most gambling addicts cannot see this and instead get deeper into gambling and increasingly enjoy gambling as an important activity in their lives so that they don't see any other activities that they can use in their free time.

Controlling your emotion and good management of your money since there are heavy risk inside gambling, and like what you said there's no accurate prediction that you can do to keep you in a winning streak always, you should take into account that gambling is not a place to make money as your source of income, maybe you can win some but there's always time that you will suffer frm defeat.

You need to consider things that uncontrollable and make sure to allocate only the amount that you are willing to let go.

This is a bad habit once we are thinking that through gambling we can earn a lot of money cause we all know that there are no veterans in gambling in short all of us in the gambling world we will base on our luck nothing else. Cause if we are too lucky then we can win anytime anywhere. But  some us are  too bad and they will loss their Money though gambling. For me controlling our emotions and ourselves is a must in gambling.

We can make more when we gamble wisely but still many people still think that gambling should be consistent and that is all to be a consistent in profits making. Since not the same strategy works for everyone, it is good for us to understand ourselves and focus on what works for our individual selves. Gambling more about disciplining one self to be able to make decisions that would aid winnings and help to stay away from addiction. Addiction is one thing we can get from excessive gambling if we are not that careful about the level of our curiosity to win.

Getting to the level of addiction actually involves much experience, you can only get to the point of addiction after several trials which would have in a way or the other given you some level of experience with which you would have been gotten before you got to the point of addictive gambling.

Learning from a gambling addicted for me I don't consider it a healthy practice except such person is on the verge of quitting then such person can literally advice you well enough on the does and don't because at that point he has come to the realization that he has been addicted and is quitting knowing that his practice wasn't the best for him but for someone who's still addicted and yet to quit will literally not see some much wrong with their addiction and what they are doing so they will advise you to continue in the pattern just like the saying goes "misery love's company".

True, in any case learning is one of the best ways for a change for the better, in gambling of course if we feel that we have a lot of losing problems then it is clear as you suggest that we need to learn from those who are experienced or even gambling addicts, take the good and throw away the bad, on the other hand this will be really useful for us, we can see how the suffering of people who are addicted to all the problems they suffer and don't we want the same fate as them? of course, and one of the ways we can do is learn from their mistakes and change our gambling activities for the better, in the sense that we can be firmer in applying limits and always maintain self-awareness when gambling so that things that are not wanted do not happen. On the other hand I understand that it is quite difficult to do it completely but there is nothing wrong with us trying slowly so that later we can get used to it, and honestly on the other hand I also got a lot of insight and enlightenment after joining this forum and this is very useful.

Now the issue here is not about gambling much or being addicted in gambling and having nothing to proof our responsible gambling, we can be an occasional gambler and have a lot of thoughts concerning gambling even than the addicted ones, a gambler is expected to know what he's doing, focus on gambling responsibly and have some remarkable achievements to show for his gambling experience as what he has learnt and this is done not by how far but how well.