Topic: What I've learned so far as a gambler - page 4. (Read 2698 times)

Such are the strategies that a gambler should use when he is supposed to win, because what other winners do is, instead of saving what they win, they also become greedy, so it often happens that in the end, they don't take home any winnings instead. that there is.

So it is very important for gamblers like us to have control and limits on gambling to do these things. It's not because we've won a few times that we feel like we're going to lose the house edge; it shouldn't be like that. Let's do the right thing by gambling as gamblers in this field.

When they are having hard time to believe on it. The one very solution for them is to let them do it and experience it.

With that, that's going to give them the idea that they shouldn't let their greediness control them. We have been telling it for so many times and only those that realize it will be able to control it.

And those that are still having hard time and difficulties in realizing it, they may learn it as well but with their actual experiences.

You are thinking too much about winnings and money. Gambling is only for entertainment and you should keep it that way. In order to stop losing too much of your money, you should create a strategy in which every time you place a bet, the amount should be similar. Don't go up, don't go down.
If you have a strict budget and a strict amount that you can use on each bet, it will ensure a long gambling session and you will not run out of money. Also set a rule for gambling certain amount of time with certain amount of games. Do not take gambling as a way of earning. It will lead to emotional decisions and you will lose more than you win.

Doubling your capital is a massive win to me and the amount is big enough for me to apply a very conservative approach. That being said, if I win $200 as profit from $200 capital, I will withdraw 90% of the funds leaving only 10% in my gambling account. From experience, after a major win comes a time when losses become regular.

Many people have the tendency of increasing their stakes when they win big and this make many of them lose the money they won very fast. It is one thing to win and another to actually cash out the winning, this is where the greed level of a gambler is truly tested. Therefore, I made it a habit to always withdraw my money anytime and win and chase them with just 10% of the profits. This way, I will not feel too bad if I lose it. Some very conservative gamblers will even go lower than 10% to ensure they don't lose their winning.

Yes, but sometimes there are some people who find it difficult to believe in something if they don't experience it or don't find the answer themselves, and I think it really happens when someone is difficult to advise and they can really realize when they have experienced it themselves, and it might be said that experimentation is also needed according to  stubborn people like them. But on the other hand, of course, the better option is to act early and consider some advice from others who have already experienced it.

Basically, the idea of greed in  general can actually be concluded as one of the actions that is not recommended or should not be done, none other than because most people already agree that it will only make things worse and there is already a lot of real evidence that should be taken into consideration. On the other hand if they are so stubborn then obviously maybe we can only let it go because after all at least we have told them from the start and the rest is up to them.

There's no need to learn up something if you are really just that playing gambling just for fun, you would really be just making those realizations or learnings on the time that you would really be having that kind of addiction but if there's none then you would definitely be just that fine and ther'es no need to have some learning if you are really just that responsible on the things that you've been doing. There are really just those people who are really that cant be able to control up themselves towards gambling on which they would really be having that kind of impulsive dealing which would lead up into addiction and this is where things starts to mess up.
Gambling isnt bad as long you would be making yourself that responsible specially in towards on the actions that you are making.

Things becomes only messy on the time that you would really be forgetting on the things on what you must do or simply being responsible because if someone do able to forget even with those basic things
then expect for the negative things that could happen along the way and this is something that must be avoided in the first place. There are really just those people who are really that
getting dragged into their addiction.

The effect of it doesn't need some experiment or what not for them to realize that they're on the wrong side having that emotion.

The learning will be there and just as what we're saying that gamblers shouldn't be greedy because that's one of the worst enemies that we can have and won't let us proceed any longer as we gamble.

But if they want to try and see where they're heading with that emotion, everyone is free to go and choose their own paths.

There Wis always one or two things to learn from gambling to we are very observant and study every decision and actions we take whenever we gamble. Even though we are not making consistent profits from gambling, there are different things we can learn when we lose and when we win. All these studies joined together can help us to understand how we can gamble and make more profits than the normal way we do use to gamble and earn profits for ourselves. There are lots of things we can learn from gambling if we know what we are doing.

Absolutely, it's all about finding the right balance! While some enjoy the thrill of chasing wins, others see it as a form of entertainment. 🎰💼

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If I win $200 by using $200 while gambling, I will most likely keep the $200 that I have used to gamble. I will also keep half of the winning to myself and use the rest to gamble again. It's all about creating a budget and a strategy while doing it. It gives us a clear indication of how much we can lose and how much we should lose. Gambling is all about risking what you have.
If you use only the money you can afford to lose, winning or losing does not matter in that case. It's a good thing if you win and you can use that money for other purposes. But even if you don't, just enjoy the process.
Don't think too much about it as it will take away the entertainment and put you in depression. Gamble only if you can afford it.

That is actually true, plus people with a huge amount of winnings have the mindset that the money that they will stake is still winning money so they are not scared to take the risk cause if they lose it's fine but deep down they just want to doubled up their winnings. We know that gambling is literally based on luck, so once you win you can already consider yourself lucky just imagine the probability that it takes for one slot to take the jackpot. I mean there's no harm in being focused on your wins, if you can compare your wins to your number of losses, for sure you can decide whether to give up and be satisfied with your winnings and keep increasing the losses. Profit is profit, it would be better to have a mindset of a winner than a loser.

I'm not sure if this is a good idea or not, but I'm sure it's a good idea to try it first to get some experience and an answer as to whether or not what they're doing is really in line with expectations or even worse than previously imagined, And for the problem of applying greed actually as a whole or even before they find the final result, they can actually indirectly see many examples from other people about the impact of greed itself, because there are also many out there gamblers who have first applied greed and get good or bad effects as a result of their actions, but yes on the other hand maybe they don't believe in the bad effects of greed that other people do. Therefore they may want to try it first to get the real answer, as you said if indeed the end result is really not appropriate and instead disappointment dominates then obviously one of the things to do next is to avoid such actions with the impetus of consciousness.

Gamblers need to remember what you just mentioned, as it's crucial to be careful about our family and what they'll feel about us if all the money we have is used for gambling. In life, risk is worth taking, but in gambling when taking risk we need to remember that the outcome would be a lesson to us. Hence the bet should be calculated and handled with care not to hurt us and our loved ones. Life is close to what gambling is in the experiences of man. But the difference is that gambling is hated by nongamblers or society, due to the addicts. Families have suffered losses because of their wards who ended up addicted. Other than that we learn every day through gambling, you've made a nice contribution to what you've learned. Which centers on money management, to be able to handle other financial responsibilities. In my contribution, I'd say that gamblers must follow certain routines like being in control of their decisions. The risk of gambling is the loss of money.

And players want to make it big in gambling, but end up not living a good life at all, after living large. So, instead of failing, being in control reminds us, like the Op said, to stop once in such a condition of trying to chase more wins. This same chase for money has increased the rate of gambling addicts around the globe. With the speed it's moving it'll be hard to come to an end easily. Hence gamblers need to restrict themselves from moving too fast in looking for wealth via gambling. The few wins they see for now are quite great, till they get the bigger win. The problem starts once a gambler begins gambling and insisting on winning the jackpot the same day. Such gamblers won't be able to get hold of their pace, until their whole money is swept by the house. The family of an affected gambler while working on the compulsory treatment needs to stop funding their child, so that they won't continue gambling. Some may be afraid of the risk of taking a loan, but most times parents don't question why their child keeps asking for money more than he used to in the past. Thereby, fastening the pace at which the gambling gets into a more difficult problem gambling.

Cant really be denied that this one is really that a highly contributive factor on which it would really be that making yourself that desperate and this is something you should really be avoiding at all cost.
Learning as a gambler? this would really be only applicable into those people who do get addicted with gambling but to those who do have that good self control then  they are less likely to have this kind of conditions on which they would really be having those kind of regret. As long you dont make yourself that get addicted then it would be just fine but if you are really that gradually having those kind of behavior then it would be better that you should quit up immediately before its too late. This is why it would be best that you should really know on what are the actions that you've been doing whether its good or bad.

IMHO, there's no problem if you're too optimistic with your bets and you're hopeful with them. But with what we've experienced, when you get to the point that hope and optimism you've got don't match the results. That's the time that you need to change and probably a sign to just stop.

Yup and I do agree with that. Someone who's letting his greedy eat himself will go nowhere to be found. The effects and impacts of it will be too obvious to see and we've seen it not just with a few people but with several and lots of them in the past.

And what's scary is that number isn't decreasing.

The lucky days are the reason they have so much hope and greed. I mean if you ever had a day where you start with a hundred bucks and end with thousands, then you will know why people do that and should do something that will possibly hurt their balance all together. I mean in the normal times of the day, we do not really have anything like that, but during times when we are dealing with a situation like it's been a short while since you won a lot, then your brain tells you that you may end up winning again, and that's a lot more important.

I personally hope that the best thing to do would be just letting it be, and we may end up with something that could benefit everyone at all times. I think that's the most important part. So, we need to ignore our wins, and act as if we didn't win to make sure that we could do better, if we focus too much on our wins then we can't do much and the results will not be all that nice, it could even be a bit hurtful.

That's the danger if we put too much hope in winning, especially if we set the number of wins or target the number of wins as my friend who I mentioned above did, the main problem in my opinion is placing too much hope in winning and thinking too much about it. all of that is easy when you are in a winning situation, which of course makes you think "there's no harm in pursuing a little more" which of course ends up regretting remaining at the end of the session.

With a low level of hope and not being too excessive in responding to winning in gambling, I think this can make them slightly reduce their sense of satisfaction with winning, or meaning that it doesn't matter how much they win, which might make them consider the best option to take, such as cashing out. earlier.

But overall I think everyone especially those who think using common sense will agree with the idea that greed is synonymous with behavior that is not recommended, not least because most people already know about the adverse effects they will experience if only the action is done, especially related to gambling which basically always involves feelings, mental and psychological that can change at any time just because of the situation. So in conclusion most people will not agree that greed will always be able to make them end up with satisfaction, because in gambling it is very difficult to achieve such results.

If your budget is small, then, you already know for yourself that you are gambling just for fun.
Hard to aim that you will hit the target if your bankroll is indeed small, normally you'll gonna get busted outright.
So when you have small bankroll, just enjoy the game, bet small and don't hurry.
You are there inside to play and have some entertainment. It is not a race to get winnings.

But what makes it a good decision to leave when you won $200? What if you play a game that involves a minimum level of skill and you feel good, you don't feel emotionally overwhelmed, you are not drunk and you are healthy in your mind, why should someone stop at $200? Maybe stop at $150 because that is 75% gain for nothing, wouldn't it be crazy to risk that 75% to get the full 100% gain? Because it could still all be lost.

This another example where there isn't a fixed rule and you could argue in so many ways what is right and what is wrong. What if you took the $200 with some friends and you said you spend the night in a casino, but you doubled the money after 10 minutes? Cancel the casino visit and go get wasted in a bar instead?

I agree, it's very rare to win like this in gambling, especially if your playing budget is small. Because as long as you continue to play gambling, your money will continue to run out, just like in gambling, as long as you stay with them, the money you won will run out and run out as well as your own money too.
I also believe that some people play gambling to have fun and I am one of them.