Topic: When betting becomes to high - page 9. (Read 3500 times)
Mostly we experience this kind of scenario when we are facing a huge amount of loss or tons of losing streak because there's a chance that you will make revenge gameplay and make a huge amount of bet just expecting you will make your money back from the losses at the same time but of course, it is a risk play there's a chance you will lose up more double or triple that your profit or just gain the profit back again and make a stop to play gambling, mostly we stop when we don't have enough funds that's why when playing gambling always set a limit.
is what I mean, no matter how hard gamblers make bets and gambling, the winner is the gambling house. and actually this has become an open secret I think because no matter how much money we have and no matter how much theory we master, it is clear that this will not be able to fight the gambling house because we are not the opponent if we want to compare profit and loss.
Gambling when you are ready to lose because for me money can still be found but fun cannot be measured and when I like to gamble even though I lose money then it doesn't matter to me. But with a note, use the money as necessary because we also have to manage finances and don't have to use all of it for gambling.
Gambling when you are ready to lose because for me money can still be found but fun cannot be measured and when I like to gamble even though I lose money then it doesn't matter to me. But with a note, use the money as necessary because we also have to manage finances and don't have to use all of it for gambling.
That is the risk of gambling because in reality, we are actually playing against the house which is definitely hard and challenging to beat. We can't also blame gamblers for continuously betting because there's still a small hope of hitting the jackpot or winning a huge amount of profit only if we'll get lucky. But if we gamble using a certain strategy regularly, I don't think it will work in the long run. There's no specific strategy that could make a gambler win consistently in gambling.
I have a friend who works, but he is still struggling financially. I compared with another friend who has the same salary, but he can still have savings. This proves that managing something well can save us from something that is not desirable.
is what I mean, no matter how hard gamblers make bets and gambling, the winner is the gambling house. and actually this has become an open secret I think because no matter how much money we have and no matter how much theory we master, it is clear that this will not be able to fight the gambling house because we are not the opponent if we want to compare profit and loss.
Gambling when you are ready to lose because for me money can still be found but fun cannot be measured and when I like to gamble even though I lose money then it doesn't matter to me. But with a note, use the money as necessary because we also have to manage finances and don't have to use all of it for gambling.
Gambling when you are ready to lose because for me money can still be found but fun cannot be measured and when I like to gamble even though I lose money then it doesn't matter to me. But with a note, use the money as necessary because we also have to manage finances and don't have to use all of it for gambling.
That is the risk of gambling because in reality, we are actually playing against the house which is definitely hard and challenging to beat. We can't also blame gamblers for continuously betting because there's still a small hope of hitting the jackpot or winning a huge amount of profit only if we'll get lucky. But if we gamble using a certain strategy regularly, I don't think it will work in the long run. There's no specific strategy that could make a gambler win consistently in gambling.
As I said before winning is just a bonus in gambling because what is sought first is fun. Maybe this doesn't really apply to other people but I think of it that way.
The thing with gambling is that you can lose a lot of money very quickly.
It can be orders of magnitude more expensive than other vices, so it's a good idea to keep it in check at all times.
All addictions bring financial ruing to the one that is addicted so this is not something exclusive to gambling at all, what happens is that a single moment of weakness is all what it is necessary for people to make a huge mistake and lose a lot of money.It can be orders of magnitude more expensive than other vices, so it's a good idea to keep it in check at all times.
And if that person is not mature enough to understand that whatever money they have lost at the casino is impossible to recover then they may try to chase their losses and that is when the money they can lose can increase dramatically, because in their desire to get their money back they will have to risk a lot of money in the process.
This happens to everyone who steps into bigger amounts. I used to bet always 10-20$ and once I won a bet of 4000$ I started going crazy and betting big 500$-1000$ and this is when things get crazy you just cannot stop and cannot get back to ordinary amounts like before and this causes huge problems
This is exactly what I experienced today, I made a huge profit from my bet so I felt it was my Lucky day since I could make double of my staking capital within the first half of the game because it was in a soccer bet. I decided to double the amount of my stake with additional funds just to win big since the luck was already there but I ended up losing everything including the profit I made in the first bet all because I couldn't hold on to my joy. We should always learn to control our emotions when it comes to gambling because the zeal to win will always be there but the loss is an unending thing that makes the game more dangerous.
I once had an experience with which I thought at the end: how stupid was I? I registered a new provider and I had received a few bonus chips in the casino. I think these chips weren't real. I went to the casino to play blackjack and won one round after the other. "It's not real money"… omg. Until I was at a balance to get the highest chip possible (a white one) which I bet and lost. A few hundred dollars left when I understood it was real :-) At that point, every game was too high.
You can think of this loss (even though you didn't really lose anything) as a payment for not regretting later "what if if I continued to play, I would win even more money"
In addition, these few hundred dollars are unlikely to fundamentally change something in your life. I always treat such spending in this way - you got emotions and some chance of a bigger win, maybe next time you will be more lucky.Some might be good on handling out various conditions and some aren't thats why outcomes and results will really vary on case to case basis.When you do bet high or surpassing into
your limit then of course it would really be accompanied with those results or consequences which you would really experience later on.
You cant really just spend up huge money which is far beyond your limits because you do know on whats next.
It means you are totally addicted. If you can't be satisfied with small balances sorry you should get support. I answer yes to your question. I was having a hard time at one time and i gambled all my money and things started to get worse. I was in debt over and over and i was in a dead end. Every gamble you play by pushing your financial limits will plunge you into the swamp. You need to draw your boundaries. Even if you don't have financial problems spending your free time with gambling causes severe addiction. You should do this just for fun. When you get carried away you are very likely to lose what you have without realizing it. It is very easy to have a bad habit. Because it may seem difficult to achieve but it is actually easy. This is exactly what fascinates us. The advice i can give you is to spend your time with sports, nature walks, exploring new places. Break things down and fix them. Read a book. Clear your mind of bad thoughts.
I once had an experience with which I thought at the end: how stupid was I? I registered a new provider and I had received a few bonus chips in the casino. I think these chips weren't real. I went to the casino to play blackjack and won one round after the other. "It's not real money"… omg. Until I was at a balance to get the highest chip possible (a white one) which I bet and lost. A few hundred dollars left when I understood it was real :-) At that point, every game was too high.
You can think of this loss (even though you didn't really lose anything) as a payment for not regretting later "what if if I continued to play, I would win even more money"
In addition, these few hundred dollars are unlikely to fundamentally change something in your life. I always treat such spending in this way - you got emotions and some chance of a bigger win, maybe next time you will be more lucky. 
Have you ever had an experience betting in which you knew that you were going over the limits of you finances and still continued? I have one playing a game, it was absorbing plenty of my time and despite me knowing it, I was kind of hooked on it. It was not a financial problem, but left me wondering how easy is to actually fall into a bad habit and how difficult is to break it.
I had some experience having the same situation as you. Mostly I tend to over time and make myself overbudget when I really like a new game that I am playing. Having a constant win and enjoying a new game really makes me entertained and even I go over budget, I'm only spending only another half of my next gambling budget, I guess I also have a control even I'm going over budget. In my case, I think I can't control myself playing again and again but I'm strong in managing my finance about gambling. I think you should set yourself up a planner of gambling hours and If you spend over time on playing, Have yourself a overtime limit like 1 hour maximum. 
Have you ever had an experience betting in which you knew that you were going over the limits of you finances and still continued? I have one playing a game, it was absorbing plenty of my time and despite me knowing it, I was kind of hooked on it. It was not a financial problem, but left me wondering how easy is to actually fall into a bad habit and how difficult is to break it.
a sweet initial win always makes us addicted, the more often we get a win, the greater our guts to place a higher bet value. this has become a habit for those who are so addicted to gambling that it is used as a hobby to entertain themselves because they already know the consequences when they gamble.
^
You are absolutely right. Mortgage loans not only make families stronger but also make people think about increasing their income. I personally know several people who have taken out mortgages and made significant strides that they would not likely have made if they had not pursued a better life. I also have acquaintances who have a parent's home and in the last 10 years they have accomplished nothing as they spend their money on useless things.
As you already understood, I am one of those who tries to see both sides of the coin. In general, living a quiet 10 years and spending money on nonsense is not so bad. I think as a person from the same country from which I am, you will understand me.
It's all about the mindset, really.
Most people are afraid to take a leap of faith because they have hard-wired their brain to think that all they can ever achieve is their current state, and that they do not have anything further to achieve. Those who take out loans and establish businesses are the ones who are successful because they have a clear path that they want to walk on, no matter how rough the road is. Well there are also daredevils that take out a loan and bet it on gambling, and you know what happens next to these guys
Most people are afraid to take a leap of faith because they have hard-wired their brain to think that all they can ever achieve is their current state, and that they do not have anything further to achieve. Those who take out loans and establish businesses are the ones who are successful because they have a clear path that they want to walk on, no matter how rough the road is. Well there are also daredevils that take out a loan and bet it on gambling, and you know what happens next to these guys
Yes, the problem of gamblers is that very rarely one of them has a real goal and is ready to stop - even if he was lucky and was able to double or ten times the borrowed money, he still continues to play until he loses completely. In the case of business, everything happens adequately - even the endless expansion of the business is more justified than the endless gambling.
Have you ever had an experience betting in which you knew that you were going over the limits of you finances and still continued? I have one playing a game, it was absorbing plenty of my time and despite me knowing it, I was kind of hooked on it. It was not a financial problem, but left me wondering how easy is to actually fall into a bad habit and how difficult is to break it.
Been there, done that. I've had some instances like that in the past when I'm still struggling to hold my patience and limit for the game, I know that I've spent over my limits, but I cannot break it easily because I was thinking that I need to gather it back or at least take half what I've lost. Eventually, it leads me to more losses and never got it back. As they say, regrets always comes last.
This happens to everyone who steps into bigger amounts. I used to bet always 10-20$ and once i won a bet of 4000$ i started going crazy and betting big 500$-1000$ and this is when things get crazy you just cannot stop and cannot get back to ordinary amounts like before and this causes huge problems
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Why did you decide that it is impossible to make a profit from gambling? When I have time to make a few bets, I play for small money, it won't hurt me if I lose and maybe that's why with small stakes I manage to win more often than I lose. But with big stakes, everything is bad for me and I cannot achieve positive results. Therefore, I treat gambling as entertainment.
You can make a profit on gambling if you own a casino. But the mathematical basis of gambling is such that the player always loses at a distance, haven't you heard anything about this? But you are doing the right thing by evaluating gambling as entertainment - in this case, everything is fair and everyone is happy: the player pays money and receives entertainment in return.
Gambling when you are ready to lose because for me money can still be found but fun cannot be measured and when I like to gamble even though I lose money then it doesn't matter to me. But with a note, use the money as necessary because we also have to manage finances and don't have to use all of it for gambling.
That is the risk of gambling because in reality, we are actually playing against the house which is definitely hard and challenging to beat. We can't also blame gamblers for continuously betting because there's still a small hope of hitting the jackpot or winning a huge amount of profit only if we'll get lucky. But if we gamble using a certain strategy regularly, I don't think it will work in the long run. There's no specific strategy that could make a gambler win consistently in gambling.
Snip
Why did you decide that it is impossible to make a profit from gambling? When I have time to make a few bets, I play for small money, it won't hurt me if I lose and maybe that's why with small stakes I manage to win more often than I lose. But with big stakes, everything is bad for me and I cannot achieve positive results. Therefore, I treat gambling as entertainment.
You can make a profit on gambling if you own a casino. But the mathematical basis of gambling is such that the player always loses at a distance, haven't you heard anything about this? But you are doing the right thing by evaluating gambling as entertainment - in this case, everything is fair and everyone is happy: the player pays money and receives entertainment in return.
Gambling when you are ready to lose because for me money can still be found but fun cannot be measured and when I like to gamble even though I lose money then it doesn't matter to me. But with a note, use the money as necessary because we also have to manage finances and don't have to use all of it for gambling.
Have you ever had an experience betting in which you knew that you were going over the limits of you finances and still continued? I have one playing a game, it was absorbing plenty of my time and despite me knowing it, I was kind of hooked on it. It was not a financial problem, but left me wondering how easy is to actually fall into a bad habit and how difficult is to break it.
Bad habits are more easier to develop than the good once and even worst still, an attempt to let go for good. The bad once are always so thrilling and carries so much promises to fulfil in a shot time than the good onces that comes rather creeping although, more potent.I recall a time I was deep into gambling, I had a limit in my mind, a predetermined stop where am supposed to assume all he'll have broke loose and was to head home but you suddenly have a sense of home.
"You've been loosing all these rounds and the circle should be complete to start making some wins" and so you continue playing but in reality, more and more loses becomes my fate.
Bad habits.
those winnings next in line which would be commonly the main mindset of most people who do gamble.Regrets is always come at the end and you do only realize when its already too late.
Sometimes we do play as much as we could because we know that we do have money to spent and we do love to have that entertainment but of course everything should really be in controlled manner.
Have you ever had an experience betting in which you knew that you were going over the limits of you finances and still continued? I have one playing a game, it was absorbing plenty of my time and despite me knowing it, I was kind of hooked on it. It was not a financial problem, but left me wondering how easy is to actually fall into a bad habit and how difficult is to break it.
Bad habits are more easier to develop than the good once and even worst still, an attempt to let go for good. The bad once are always so thrilling and carries so much promises to fulfil in a shot time than the good onces that comes rather creeping although, more potent.I recall a time I was deep into gambling, I had a limit in my mind, a predetermined stop where am supposed to assume all he'll have broke loose and was to head home but you suddenly have a sense of home.
"You've been loosing all these rounds and the circle should be complete to start making some wins" and so you continue playing but in reality, more and more loses becomes my fate.
Bad habits.
Luckily I have never put myself in this position. As a financial advisor who obviously teaches people about money and proper investing for a living, I'm always hyper sensitive to gambling away too much of my money. Anytime I make a bet, I make sure it's an amount that I am prepared to completely lose. Quite frankly when I make a bet I say goodbye to that money and hope for the best.
This is a must for you because you are a financial advisor and it doesn't feel right if you advise people but the same advice cant be applied to yourself. It feels like we are only lying this way. At first glance, gambling can be viewed differently from investing but both activities involved money and too much money being put on something isn't healthy anymore but all must be done only in moderation or within our capacity.If we are poor, our limits will also be small but if we are rich then we also need to adjust it a little higher. I like the idea on how you play gambling. You already say a farewell to your money lol. It seems you already know when they will head to but sometimes the less we expect the more we will win.
I once had an experience with which I thought at the end: how stupid was I? I registered a new provider and I had received a few bonus chips in the casino. I think these chips weren't real. I went to the casino to play blackjack and won one round after the other. "It's not real money"… omg. Until I was at a balance to get the highest chip possible (a white one) which I bet and lost. A few hundred dollars left when I understood it was real :-) At that point, every game was too high.
I think in this case when people jump into gambling, of course they must be aware that gambling is one thing that will definitely eat up your money, and that is the risk of gambling itself.
We should not be naive in expecting profits from gambling because it is very clear that it is impossible to happen.
Apart from the impact of addiction and other things it is the effect of gambling itself. when they don't want that to happen then don't really set foot in gambling if you're still naive and don't want negative things to come your way.
We should not be naive in expecting profits from gambling because it is very clear that it is impossible to happen.
Apart from the impact of addiction and other things it is the effect of gambling itself. when they don't want that to happen then don't really set foot in gambling if you're still naive and don't want negative things to come your way.
Why did you decide that it is impossible to make a profit from gambling? When I have time to make a few bets, I play for small money, it won't hurt me if I lose and maybe that's why with small stakes I manage to win more often than I lose. But with big stakes, everything is bad for me and I cannot achieve positive results. Therefore, I treat gambling as entertainment.
You can make a profit on gambling if you own a casino. But the mathematical basis of gambling is such that the player always loses at a distance, haven't you heard anything about this? But you are doing the right thing by evaluating gambling as entertainment - in this case, everything is fair and everyone is happy: the player pays money and receives entertainment in return.
think that they are paying for the entertainment that they do able to gain or experience so that you wont really be thinking about on the money you had spent or lost.If you dont like to lose money then you shouldn't
touch gambling in the first place.Of course which control of ones self when it comes to finances is really that crucial or really that important.You cant really just spent out money just like there's no tomorrow.
Never ever go beyond your limits specially on financial state or manner because you would be fucked up if you are doing it excessively.
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