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Topic: When you are not to gamble. - page 25. (Read 6771 times)

full member
Activity: 784
Merit: 115
April 17, 2024, 09:42:41 AM
At this stage even if a person is conscious and becomes addicted even if he loses everything for gambling he cannot give up gambling addiction. They try to get rid of gambling but their efforts are not successful therefore, this game with self control does not appear to be harmful at all. It will even seem like a fun game but when one becomes addicted to gambling its consequences ultimately do not bring anything good.
Someone who is addicted to gambling may not realize that he is addicted to gambling. He will find himself gambling more and more often without knowing that he is addicted to gambling. He did not try to introspect because he felt it was unnecessary. This is what people must be aware of so that they do not get deeper into gambling and can get out of their gambling addiction. Gambling games can be exciting but can also make someone complacent because they want to get more pleasure from gambling.
legendary
Activity: 2282
Merit: 3014
April 17, 2024, 09:36:20 AM
Gambling can be fun and also become a serious problem if not done appropriately. Alot of gambler get themselves into problem because they gamble anyhow and anytime. There are some times you should take a break in gambling so that you won't become an addict or give yourself problem. Time you shouldn't gamble includes:

👉👉when you are in need of money urgently
Some people gamble the most when they are in need of urgent money. They use the little in their account to gamble believe they can double the money in no time through gambling to do what they want to do. This most times go wrong making them to lose the little they should have save for that purpose

👉👉To regain back your loses
Pursuing loses in gambling make you lose more. So it better to have a break when you have lose alot. That period may not be your own lucky time to win. Taking a break can help you to avoid being addicted and also save you from losing more.

👉👉Under pressure or frustration
Gambling under pressure or frustration may make you go beyond your plan. It can also make you to make wrong decision from your bet. So it's better to do away with gambling during this period.

CONCLUSION
Gambling should be fun, it's better to stay away when it has started to become a problem.

Certainly agree with all of your bullet points of when not to gamble here.  I think too many people gamble for the exact reasons that you listed to NOT gamble for here.  Especially the one about regaining losses.  I think this may be the  number one worst time for people to gamble, or worst habit I should say, and is in my opinion probably the most common.  Stay safe out there people!
full member
Activity: 784
Merit: 212
April 17, 2024, 09:29:43 AM
With knows how to manage the risk, we will not loses the money and we will have a chance to makes money from the investment. But before we decides to investing in the casino, we must research what's needed so we will not makes a wrong decision. Many people becomes greedy when they see the profits and that makes them uses more money but that's not recommend to do. They forgets that to investing in any programs must uses cold money and not trying to use more money because that can makes the risk becomes bigger.

Cold money can helps them to reduce the risk of losing the money but not many people can realizes about that. They are eager to use more money to investing but don't realizes about the risks that can becomes big. That will be the same as when they playing gambling because we often hear many people lose much money when they gambling.

If you look at the risk factor, investing in a casino is much more realistic than just being a gambler who only hopes to win from luck alone. And it's also true that before jumping into choosing an investment there, of course you have to do a screening first. Don't just invest straight away without knowing which casino we are investing in. Instead of wanting to get passive profits, it could actually be a bomberang for ourselves. because without proper analysis, the casino we choose could just disappear along with the money we invested. and I don't think there is such a thing as a casino going bankrupt.

That's right, it could help suppress the feeling of emotional defeat but the weakness of this thought as you had said is that, when misinterpreted or misconceived by a gambler it could lead to continuous session of non-stop gambling even in the face of so much losses the idea of "it's a loan", will keep hammering, and if it's a gambler that has no set limit of how much money he gambles with for a day it then becomes a downhill sink for such a gambler. Hence, before we chose to buy into an idea it's expected we get a clear understanding of it.  

It would be better if you realized defeat and accepted it then took a break from the game. assuming the loss is a loan which will later be returned if in the next round you get the jackpot. it's more about lying to yourself and not wanting to accept defeat. just more to calm down for a moment. Yes, it could be said to be a calmer for the frustration that is actually being experienced.

~snip~
the money for gambling should be outside of daily needs or basic needs, do not gamble by using funds that have been set to be used as needs or other things, when we have more money then it doesn't matter, but when we are mediocre we should not force ourselves to gamble, even if we use reserve funds.

This is also a problem for novice gamblers. they hope with the money they have now. whether it's spare money or money for basic needs, they hope to be able to double that money. but that actually results in the risk of losing all the money they have. not double the winnings precisely because the money used is not cold money. making the game hotter and more mentally draining. When that mentality can no longer be controlled, it is certain that when you lose you will become frustrated.
hero member
Activity: 1302
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Bitcoin Casino Est. 2013
April 17, 2024, 08:00:35 AM
That's right, everything that we do has it's own risk but not that risky when it comes to gambling because in gambling, once we put our money in a bet, there's no turning back, you need ti accept what will next thing to happen on your money. When doing gambling, it's highly advisable to only use the money you can afford to lose, meaning we should only use spare money in gambling and stick to that perspective because if you're going to use money that isn't for gambling then it may possibly results bigger problem in your finances.
This is something that some people sometimes don't realize, that when they lose from gambling, they actually experience stress, even though they just need to understand the options like you said if they still want to have fun by gambling. Because when we enter into gambling bets, of course we have to be really prepared to lose and also not be affected by anything like other problems that can occur when we lose. Because usually those who are not ready to lose are people who only know how to hope for victory through gambling.
hero member
Activity: 2198
Merit: 607
Leading Crypto Sports Betting & Casino Platform
April 17, 2024, 06:09:18 AM
When doing gambling, it's highly advisable to only use the money you can afford to lose, meaning we should only use spare money in gambling and stick to that perspective because if you're going to use money that isn't for gambling then it may possibly results bigger problem in your finances.

I don't agree with gambling using spare money. because the reserve money will still be used someday. Money for gambling should be outside of daily necessities, emergency money or reserve money.
To minimize mental and financial health risks, it is better to only use 1-5% of your main income, where the percentage of this income has been mapped out for needs, emergency money and reserves.
I'm sure it's not a good solution to use reserve funds for gambling, the cadabgan funds that are owned in my opinion should be focused on being used with things that are indeed emergency or urgent, it is not recommended to use reserve funds for gambling, maybe with the remaining money that is really money that is not used for anything other than our own snacks. It is true that you say the money for gambling should be outside of daily needs or basic needs, do not gamble by using funds that have been set to be used as needs or other things, when we have more money then it doesn't matter, but when we are mediocre we should not force ourselves to gamble, even if we use reserve funds.
When we have income we must pay attention to other things first such as basic needs or basic needs that must be given more attention. If indeed the needs have been met and there is still money left over then it can be used but of course if the rest is still a lot we don't risk it all, we still have to have limits.
hero member
Activity: 938
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April 17, 2024, 05:11:39 AM
I have a profitable friend who told me that when you are in a loss, don't look at that as a money taken from you. Instead think of it like a loan you give to the casino. There's no need for you to take it back right away. As much as possible take your time, it may have a interest later on. This shift my perspective a lot. In gambling there's no need to rush and take your money that you've loss. Casino will always be there. So it's not aonly discipline or self control. It's also more of perspective and beliefs around one's behavior.
I think this is just one of those many allegory about gambling that your friend had just designed for himself in his head to guide himself to gambling responsibly and not to fumble even in the face of losses while gambling. And it great to be with such belief as it's gives you the gambler that locus of control from chasing after losses which ultimately have been known to lead to more losses.

Though I do not completely agree to your friend idea of taking the losses as loan given to the casino which the gambler could take back later on even with interest base on how lucky you are, because it often doesn't work that way as he thinks. Nevertheless, I see his school of thought as one that is helpful to keep the gambler away from irresponsible gambling like loss chasing, and that's worth something for an idea.
Actually, thinking like that is not too bad for suppressing emotions when experiencing defeat so that you don't fall into more defeats at one time. but it is also necessary to calculate quite carefully how much money is considered as a loan. Indeed, if we are lucky, the money might come back to us, but if luck is not on our side, it will also be frustrating if a lot of our money has been deposited into the casino.

In fact, it would be better if you play a little and prefer the investment route in a casino. Many casinos are now opening investment channels. so that our finances are more focused than just thinking that our money was borrowed by the casino, which means that the money may not come back if we don't have the luck to win the game.
That's right, it could help suppress the feeling of emotional defeat but the weakness of this thought as you had said is that, when misinterpreted or misconceived by a gambler it could lead to continuous session of non-stop gambling even in the face of so much losses the idea of "it's a loan", will keep hammering, and if it's a gambler that has no set limit of how much money he gambles with for a day it then becomes a downhill sink for such a gambler. Hence, before we chose to buy into an idea it's expected we get a clear understanding of it.  
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
April 17, 2024, 04:55:52 AM
Indeed, everything has its own risks, including investment. However, the risk is much smaller than thinking that the losses you have received are just borrowed by the casino temporarily until we can take the money when we get a jackpot or win.

Basically the same, whether investing or gambling, it is highly recommended to use cold money. Cold money here means money that we will not use for our daily needs. If that is done, then we will be the ones who will be played by our own games and desires. because the brain will definitely process not to lose in gambling.
With knows how to manage the risk, we will not loses the money and we will have a chance to makes money from the investment. But before we decides to investing in the casino, we must research what's needed so we will not makes a wrong decision. Many people becomes greedy when they see the profits and that makes them uses more money but that's not recommend to do. They forgets that to investing in any programs must uses cold money and not trying to use more money because that can makes the risk becomes bigger.

Cold money can helps them to reduce the risk of losing the money but not many people can realizes about that. They are eager to use more money to investing but don't realizes about the risks that can becomes big. That will be the same as when they playing gambling because we often hear many people lose much money when they gambling.
full member
Activity: 784
Merit: 212
April 16, 2024, 08:18:00 PM
When you lose money at the casino it no longer belongs to you and you should just let it go, instead of trying to win it back and deluding yourself that you lent that money to the casino. When I lose in the casino I like all other gamblers can be frustrating, but I am such moments try to get away from gambling. I go for a walk, spend more time with family and on the contrary, I try to work all the free time. The chase for lost money will not lead to anything good and it must be understood. Each new gambling session should be separated from all previous ones.

I also agree with your thoughts. there is no need to deceive yourself from the reality of gambling losses. it would be better to accept whatever the result is, even if it is a defeat. That's why I also often say to gamble using cold money and a small portion of income so that if you lose that money it doesn't affect our psychology.

Again, gambling is just a game. there will never be a game that always runs smoothly as we expect. We should be able to have fun with the game instead of being frustrated by losing.

When doing gambling, it's highly advisable to only use the money you can afford to lose, meaning we should only use spare money in gambling and stick to that perspective because if you're going to use money that isn't for gambling then it may possibly results bigger problem in your finances.

I don't agree with gambling using spare money. because the reserve money will still be used someday. Money for gambling should be outside of daily necessities, emergency money or reserve money.
To minimize mental and financial health risks, it is better to only use 1-5% of your main income, where the percentage of this income has been mapped out for needs, emergency money and reserves.
sr. member
Activity: 1022
Merit: 277
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April 16, 2024, 07:03:11 PM
When someone lose his money in gambling, he can lose his control of his emotion and that can cause him lose his money. Most people lose his emotion when they lose in gambling so that can triggers them to continue playing gambling because they can't accept their lose. That makes them wants to recovers their lose by continuing playing gambling and deposits more money because they thinks that i they add more money, they will have a chance to gets their lost money.

They can used the investments on the casino if they thinks that can helps them to make a profit by getting more amount of the coin. But they must realizes that there's a risk behind of every investment so they must knows how much money they will used and it's better they used the money they can afford.

Indeed, everything has its own risks, including investment. However, the risk is much smaller than thinking that the losses you have received are just borrowed by the casino temporarily until we can take the money when we get a jackpot or win.

Basically the same, whether investing or gambling, it is highly recommended to use cold money. Cold money here means money that we will not use for our daily needs. If that is done, then we will be the ones who will be played by our own games and desires. because the brain will definitely process not to lose in gambling.

That's right, everything that we do has it's own risk but not that risky when it comes to gambling because in gambling, once we put our money in a bet, there's no turning back, you need ti accept what will next thing to happen on your money. When doing gambling, it's highly advisable to only use the money you can afford to lose, meaning we should only use spare money in gambling and stick to that perspective because if you're going to use money that isn't for gambling then it may possibly results bigger problem in your finances.
full member
Activity: 784
Merit: 212
April 16, 2024, 05:36:32 PM
When someone lose his money in gambling, he can lose his control of his emotion and that can cause him lose his money. Most people lose his emotion when they lose in gambling so that can triggers them to continue playing gambling because they can't accept their lose. That makes them wants to recovers their lose by continuing playing gambling and deposits more money because they thinks that i they add more money, they will have a chance to gets their lost money.

They can used the investments on the casino if they thinks that can helps them to make a profit by getting more amount of the coin. But they must realizes that there's a risk behind of every investment so they must knows how much money they will used and it's better they used the money they can afford.

Indeed, everything has its own risks, including investment. However, the risk is much smaller than thinking that the losses you have received are just borrowed by the casino temporarily until we can take the money when we get a jackpot or win.

Basically the same, whether investing or gambling, it is highly recommended to use cold money. Cold money here means money that we will not use for our daily needs. If that is done, then we will be the ones who will be played by our own games and desires. because the brain will definitely process not to lose in gambling.
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
April 16, 2024, 01:16:57 PM
Yes, many people hope to get the opportunity to get big profits in gambling to change their economic class and they hope to be able to buy anything from their gambling winnings, actually this is a wrong mindset because they think gambling is to improve economic factors and even though gambling is not the right choice for that purpose , gambling is very risky with accuracy results above 80% certainty that you will definitely lose, so there is only a small chance of getting a big win from gambling so we rarely hear of someone getting daily profits but they are only lucky to get high wins only a few times while they are gambling.
Mainly when a player has that mentality, the same system is responsible for welcoming him and making him see that things don't work that way, or maybe people are very lucky and it doesn't affect them at all and they continue doing crazy things to be able to win and win, but the moment their luck runs out that person will be left with nothing, and I think the blow will be even worse, I think that when push comes to shove it is because the person has no idea what they are getting into, You know that you are a person who should know that a casino has the house edge and that one person will not make a difference, plus the money you invest in the casino is unlikely. so that you lose everything and that the probability of winning is always present and when things go well, the only thing that a person when entering a casino has to realize is that everything is given to luck.
legendary
Activity: 2464
Merit: 2377
April 16, 2024, 12:57:29 PM
I have a profitable friend who told me that when you are in a loss, don't look at that as a money taken from you. Instead think of it like a loan you give to the casino. There's no need for you to take it back right away. As much as possible take your time, it may have a interest later on. This shift my perspective a lot. In gambling there's no need to rush and take your money that you've loss. Casino will always be there. So it's not aonly discipline or self control. It's also more of perspective and beliefs around one's behavior.
I think this is just one of those many allegory about gambling that your friend had just designed for himself in his head to guide himself to gambling responsibly and not to fumble even in the face of losses while gambling. And it great to be with such belief as it's gives you the gambler that locus of control from chasing after losses which ultimately have been known to lead to more losses.

Though I do not completely agree to your friend idea of taking the losses as loan given to the casino which the gambler could take back later on even with interest base on how lucky you are, because it often doesn't work that way as he thinks. Nevertheless, I see his school of thought as one that is helpful to keep the gambler away from irresponsible gambling like loss chasing, and that's worth something for an idea.
Actually, thinking like that is not too bad for suppressing emotions when experiencing defeat so that you don't fall into more defeats at one time. but it is also necessary to calculate quite carefully how much money is considered as a loan. Indeed, if we are lucky, the money might come back to us, but if luck is not on our side, it will also be frustrating if a lot of our money has been deposited into the casino.

In fact, it would be better if you play a little and prefer the investment route in a casino. Many casinos are now opening investment channels. so that our finances are more focused than just thinking that our money was borrowed by the casino, which means that the money may not come back if we don't have the luck to win the game.

I agree with you. When you lose money at the casino it no longer belongs to you and you should just let it go, instead of trying to win it back and deluding yourself that you lent that money to the casino. When I lose in the casino I like all other gamblers can be frustrating, but I am such moments try to get away from gambling. I go for a walk, spend more time with family and on the contrary, I try to work all the free time. The chase for lost money will not lead to anything good and it must be understood. Each new gambling session should be separated from all previous ones.
hero member
Activity: 2996
Merit: 609
April 16, 2024, 12:47:10 PM
👉👉Under pressure or frustration

On the time that you are on such condition then you would really be having that kind of urge to play even more because it is really that trying out to
ease out that kind of emotions or stress. Also you would really be having thoughts that you might really be able to have that kind of recovery or breakeven
on which this would really be your primary concern or liking on the time that you would really be in losing condition.

It is really that very crucial or something important for a certain gambler that who do really knows on when to stop or continue
to gamble. You would really be that basically putting up yourself away from possible trouble.
hero member
Activity: 1092
Merit: 507
Leading Crypto Sports Betting & Casino Platform
April 16, 2024, 12:40:56 PM
At this stage even if a person is conscious and becomes addicted even if he loses everything for gambling he cannot give up gambling addiction. They try to get rid of gambling but their efforts are not successful therefore, this game with self control does not appear to be harmful at all. It will even seem like a fun game but when one becomes addicted to gambling its consequences ultimately do not bring anything good.

I agree with that, it is unlikely that they will be able to give up their gambling habit even though they are aware that gambling is harmful to themselves. because even though they have experienced many losses, the feeling of wanting to gamble will definitely haunt them. I think the key is self-control. If they want to stop gambling, then they must be consistent in their choices, trying their best not to be interested in gambling anymore. If you are still half-hearted enough to give up your gambling habit, in my opinion it will not work, but perhaps by reducing your gambling activities and limiting your budget and time it can be done, but this must also be done with strong consistency. because you need to remember that gambling has a fairly strong attraction.

When the gambling they do is successful in making them addicted, the host will be happy haha, because that is their goal, where the more people are addicted to gambling, the greater the profits they will get. Unconsciously, they have lost a lot of money. they have given wealth to the host. Even though the host did not force them to gamble excessively, the host was successful in getting many people to indulge in gambling.
sr. member
Activity: 1204
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April 16, 2024, 09:23:46 AM
They should be able to anticipate more losses by limiting their gambling activities. When gambling, they should not have to gamble for long. Moreover, gambling is just entertainment that doesn't need to be taken seriously. If they have experienced loss, there will be a desire to recover their losses, making them eager to continue gambling and in the end, they will lose more money.
Sometimes an experience to lose in gambling can make someone realized that it's not an activity to earn money easily. Because as we know many gamblers are engaging themselves in gambling because of the thought of gaining when they play.

Thus it's crucial to know what you are getting into before deciding to use your money just to play. Always expect the worse case that can possibly happen so that you're not going to be hopeful to win.
It should be able to make someone aware that gambling is not a place to make money. But the reality is that these people still gamble and still have thoughts of making money. They don't realize their mistakes and keep trying even though they don't have a big chance of making money from gambling.

They must immediately realize their mistake because otherwise they will lose even more money. So when we are not gambling, we should do other more useful things so that we don't lose money in vain at the gambling table.
At this stage even if a person is conscious and becomes addicted even if he loses everything for gambling he cannot give up gambling addiction. They try to get rid of gambling but their efforts are not successful therefore, this game with self control does not appear to be harmful at all. It will even seem like a fun game but when one becomes addicted to gambling its consequences ultimately do not bring anything good.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
April 16, 2024, 09:06:58 AM
Actually, thinking like that is not too bad for suppressing emotions when experiencing defeat so that you don't fall into more defeats at one time. but it is also necessary to calculate quite carefully how much money is considered as a loan. Indeed, if we are lucky, the money might come back to us, but if luck is not on our side, it will also be frustrating if a lot of our money has been deposited into the casino.

In fact, it would be better if you play a little and prefer the investment route in a casino. Many casinos are now opening investment channels. so that our finances are more focused than just thinking that our money was borrowed by the casino, which means that the money may not come back if we don't have the luck to win the game.
When someone lose his money in gambling, he can lose his control of his emotion and that can cause him lose his money. Most people lose his emotion when they lose in gambling so that can triggers them to continue playing gambling because they can't accept their lose. That makes them wants to recovers their lose by continuing playing gambling and deposits more money because they thinks that i they add more money, they will have a chance to gets their lost money.

They can used the investments on the casino if they thinks that can helps them to make a profit by getting more amount of the coin. But they must realizes that there's a risk behind of every investment so they must knows how much money they will used and it's better they used the money they can afford.
full member
Activity: 784
Merit: 212
April 16, 2024, 06:57:45 AM
I have a profitable friend who told me that when you are in a loss, don't look at that as a money taken from you. Instead think of it like a loan you give to the casino. There's no need for you to take it back right away. As much as possible take your time, it may have a interest later on. This shift my perspective a lot. In gambling there's no need to rush and take your money that you've loss. Casino will always be there. So it's not aonly discipline or self control. It's also more of perspective and beliefs around one's behavior.
I think this is just one of those many allegory about gambling that your friend had just designed for himself in his head to guide himself to gambling responsibly and not to fumble even in the face of losses while gambling. And it great to be with such belief as it's gives you the gambler that locus of control from chasing after losses which ultimately have been known to lead to more losses.

Though I do not completely agree to your friend idea of taking the losses as loan given to the casino which the gambler could take back later on even with interest base on how lucky you are, because it often doesn't work that way as he thinks. Nevertheless, I see his school of thought as one that is helpful to keep the gambler away from irresponsible gambling like loss chasing, and that's worth something for an idea.
Actually, thinking like that is not too bad for suppressing emotions when experiencing defeat so that you don't fall into more defeats at one time. but it is also necessary to calculate quite carefully how much money is considered as a loan. Indeed, if we are lucky, the money might come back to us, but if luck is not on our side, it will also be frustrating if a lot of our money has been deposited into the casino.

In fact, it would be better if you play a little and prefer the investment route in a casino. Many casinos are now opening investment channels. so that our finances are more focused than just thinking that our money was borrowed by the casino, which means that the money may not come back if we don't have the luck to win the game.
hero member
Activity: 1302
Merit: 503
Leading Crypto Sports Betting & Casino Platform
April 16, 2024, 05:52:58 AM
~snip~
Sometimes an experience to lose in gambling can make someone realized that it's not an activity to earn money easily. Because as we know many gamblers are engaging themselves in gambling because of the thought of gaining when they play.

Thus it's crucial to know what you are getting into before deciding to use your money just to play. Always expect the worse case that can possibly happen so that you're not going to be hopeful to win.

Yeah, it is important to have a good understanding of what you're putting your money into.

Many people don't really think twice about gambling, and they just to it because "everyone else is doing it", when in really it's not everyone.
In gambling, money management is very important and every gambler must be able to really understand what investment is and what gambling is, they must be able to separate money for living, investing or saving and having fun gambling.
Management like this will provide real benefits for gaps and also financial savings.

Every gambler must also be able to think about their goals and desires in gambling in fact, every gambler mindset will be different and if only gamble following what other people do then there will never be any benefits that can be felt.
We have to think that gambling is place to have fun and can really determine the money that is acceptable to lose because in gambling losing is guaranteed result for us to get.
Here everything depends on how each gambler has goals and manages time and money, if everything is right then the negative impact will also be minimized.
full member
Activity: 784
Merit: 115
April 16, 2024, 05:24:09 AM
They should be able to anticipate more losses by limiting their gambling activities. When gambling, they should not have to gamble for long. Moreover, gambling is just entertainment that doesn't need to be taken seriously. If they have experienced loss, there will be a desire to recover their losses, making them eager to continue gambling and in the end, they will lose more money.
Sometimes an experience to lose in gambling can make someone realized that it's not an activity to earn money easily. Because as we know many gamblers are engaging themselves in gambling because of the thought of gaining when they play.

Thus it's crucial to know what you are getting into before deciding to use your money just to play. Always expect the worse case that can possibly happen so that you're not going to be hopeful to win.
It should be able to make someone aware that gambling is not a place to make money. But the reality is that these people still gamble and still have thoughts of making money. They don't realize their mistakes and keep trying even though they don't have a big chance of making money from gambling.

They must immediately realize their mistake because otherwise they will lose even more money. So when we are not gambling, we should do other more useful things so that we don't lose money in vain at the gambling table.
hero member
Activity: 938
Merit: 605
Leading Crypto Sports Betting & Casino Platform
April 16, 2024, 04:33:51 AM
I have a profitable friend who told me that when you are in a loss, don't look at that as a money taken from you. Instead think of it like a loan you give to the casino. There's no need for you to take it back right away. As much as possible take your time, it may have a interest later on. This shift my perspective a lot. In gambling there's no need to rush and take your money that you've loss. Casino will always be there. So it's not aonly discipline or self control. It's also more of perspective and beliefs around one's behavior.
I think this is just one of those many allegory about gambling that your friend had just designed for himself in his head to guide himself to gambling responsibly and not to fumble even in the face of losses while gambling. And it great to be with such belief as it's gives you the gambler that locus of control from chasing after losses which ultimately have been known to lead to more losses.

Though I do not completely agree to your friend idea of taking the losses as loan given to the casino which the gambler could take back later on even with interest base on how lucky you are, because it often doesn't work that way as he thinks. Nevertheless, I see his school of thought as one that is helpful to keep the gambler away from irresponsible gambling like loss chasing, and that's worth something for an idea.
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