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Topic: Winning Wisely: Strategies to Protect Your Bankroll - page 10. (Read 2021 times)

sr. member
Activity: 938
Merit: 292
Act promptly if your emotions start influencing your decisions. Both excessive fear and greed pose significant risks.
The mentioned points can play a good role for a gambler to win if a gambler is able to understand them well. A gambler when gambling naturally forgets these things even though he knows them and that's when disaster strikes. Pursuing loss is a big problem for gamblers. The faster a gambler tries to recover his losses, the faster he will lose all his money. If the gambler can give himself an occasional break from gambling, he can continue to reduce his risk of gambling. Although gambling win or lose depends on luck. However, those who can handle gambling naturally by keeping the above points in mind will reduce the chance of loss. Being overconfident refers positive and negative aspects. The gambler must observe these things well.
hero member
Activity: 924
Merit: 600
Watch&Pray.
I only know one thing for a gambler to play wisely: when he wins between $30 and $50, maybe it's a warning to stop; don't try to continue, because what frequently happens to those who continue even after winning is that they finally lose. Numerous gamblers have experienced this numerous times.
There times I stop  from continually gambling for the day immediately I make my first win irrespective of the amount won I'll just stop never try to continue with another bet and adjoin my gambling to the next day and each periods I do so it aids me in prolonging the time frame for my bankroll before it could get exhausted. Sometimes gamblers should be wise to discontinue with gambling for the day if they just got a win either at their first bet or made a win after been subjected to a few losses. The wisdom there is that you don't go home with an exhausted pocket or a completely emptied account. You still have a sum left to start with the next day.
It's good if you can stop after getting your first win. That can remind us to realize that we won't be able to win too often. We must be able to stop after winning whatever the amount. And if they continue gambling, they may lose again, which could be a big loss that will cost them all their money. Moreover, we know that gambling will not give us easy wins, so we must be aware of it. It's a good idea not to go home empty-handed because when we've managed to win some money, we've managed to get it, and it's time for us to go home.
But to be very honest It's not that easy ending the gambling just like that for that very day, it really demands great discipline to usually stick to the idea as there are occasions I get carried away by my own enthusiasm in the game and snob the thought of stopping since I have managed to get  a win.  It's as if I turn out to become my own obstacle to my subscribed idea. Lol.  Nevertheless, if we're able to keep to standards we have created  to guide our conduct, behavior and decisions on how we would handle our gambling life it will earn us a healthy gambling lifestyle.

One thing I have noticed about gambling is that when you finally make a winning, there will be different thought in you whether to continue gambling to earn more or stop and go home. Sometimes we might think that the amount we have won is not good enough since we might have make loses in other bets and the winning we have might not be sufficient when we make substraction from it.

This is how greed comes in and we can as well end up losing that profit we had made because we do not have a good financial discipline to help us and guide us through unnecessary mistakes like this. It is good we have a plan which is going to guide us through our gambling journey.
sr. member
Activity: 644
Merit: 262
I only know one thing for a gambler to play wisely: when he wins between $30 and $50, maybe it's a warning to stop; don't try to continue, because what frequently happens to those who continue even after winning is that they finally lose. Numerous gamblers have experienced this numerous times.
There times I stop  from continually gambling for the day immediately I make my first win irrespective of the amount won I'll just stop never try to continue with another bet and adjoin my gambling to the next day and each periods I do so it aids me in prolonging the time frame for my bankroll before it could get exhausted. Sometimes gamblers should be wise to discontinue with gambling for the day if they just got a win either at their first bet or made a win after been subjected to a few losses. The wisdom there is that you don't go home with an exhausted pocket or a completely emptied account. You still have a sum left to start with the next day.
It's good if you can stop after getting your first win. That can remind us to realize that we won't be able to win too often. We must be able to stop after winning whatever the amount. And if they continue gambling, they may lose again, which could be a big loss that will cost them all their money. Moreover, we know that gambling will not give us easy wins, so we must be aware of it. It's a good idea not to go home empty-handed because when we've managed to win some money, we've managed to get it, and it's time for us to go home.
But to be very honest It's not that easy ending the gambling just like that for that very day, it really demands great discipline to usually stick to the idea as there are occasions I get carried away by my own enthusiasm in the game and snob the thought of stopping since I have managed to get  a win.  It's as if I turn out to become my own obstacle to my subscribed idea. Lol.  Nevertheless, if we're able to keep to standards we have created  to guide our conduct, behavior and decisions on how we would handle our gambling life it will earn us a healthy gambling lifestyle.
legendary
Activity: 1666
Merit: 1037
It should be noted that when you win a large amount of money, you should stop being a responsible gambler. But what happens often is not like that; instead of stopping as they should, they find it even more enjoyable to continue gambling even more.

Why stop to being a responsible gambler if one is winning a larger amount of money?  Should they instead implement more responsible gambling so that they won't get trapped in aiming large winnings that can result in a huge loss?  Gamblers don't need to stop when they experience big wins, instead, they can just moderate their gambling activities so that they won't exhaust their winnings easily.

I think he misworded. Not to correct bettercrypto for him or speak on his behalf, though I think what he was trying to say was "you should stop gambling and be a responsible gambler". It would make much more sense with the context.


This can also be a problem for most gamblers. They don't know how to control and restrain themselves, so they often lose in the end. A win that should have turned into a loss.

There, fixed it for you, anyway it is indeed a problem for most gamblers to have self-discipline resulting in gambling addiction and this uncontrolled urge to gamble can cost them their wealth, health and freedom if they commit crimes to fund their gambling activities.

So with this in mind (especially the criminality aspect you have highlighted) I ask, do you think
- The world would be better off without gambling?
- BitcoinTalk would be better off without gambling?

Only asking, not activating/protesting with these questions Smiley
legendary
Activity: 2954
Merit: 1153
It should be noted that when you win a large amount of money, you should stop being a responsible gambler. But what happens often is not like that; instead of stopping as they should, they find it even more enjoyable to continue gambling even more.

Why stop to being a responsible gambler if one is winning a larger amount of money?  Should they instead implement more responsible gambling so that they won't get trapped in aiming large winnings that can result in a huge loss?  Gamblers don't need to stop when they experience big wins, instead, they can just moderate their gambling activities so that they won't exhaust their winnings easily.

This can also be a problem for most gamblers. They don't know how to control and restrain themselves, so they often lose in the end. A win that should have turned into a loss.

There, fixed it for you, anyway it is indeed a problem for most gamblers to have self-discipline resulting in gambling addiction and this uncontrolled urge to gamble can cost them their wealth, health and freedom if they commit crimes to fund their gambling activities.
legendary
Activity: 2618
Merit: 1105
It should be noted that when you win a large amount of money, you should stop being a responsible gambler. But what happens often is not like that; instead of stopping as they should, they find it even more enjoyable to continue gambling even more.

This can also be a problem for most gamblers. They don't know how to control and restrain themselves, so they often lose in the end. A win that should have turned into a loss.

It depends on every gamblers' psychology to keep gambling or stop it at a point. They think that by winning more, luck is on their side and they will turn their money into a fortune but it does not work that way, and they lose more out of their winnings, then try to recover and lose more. So it is advisable not to go too deep into gambling and not get it tougher for themselves so that they live for their families at least.
legendary
Activity: 2240
Merit: 1993
A Bitcoiner chooses. A slave obeys.
What is required for this strategy to succeed in the first place is utmost and unwavering discipline. That is something that most gamblers do not have, and do not really want. At least in my experience.
Logically, Martingale never works in the long-term just like any other gambling strategy out there thanks to the house edge. It does work only in the short-term though it's still not recommended since it's a negative progression strategy.

It's a classic strategy to help the house win again and again(Not the gamblers) frankly speaking.

Ooops I meant to reply to OP. I quoted the wrong poster.

That is completely my bad, and I just now noticed that it seems like I am endorsing the Martingale Strategy. I just wanted to point out that this is not the case and that the Martingale Strategy is a mathematically impossible way of winning. I do not condone using it nor do I think that there is any way to tweak it in order to win a game of pure probability.

Thanks for the heads-up!  Grin
hero member
Activity: 2884
Merit: 579
Hire Bitcointalk Camp. Manager @ r7promotions.com
Maintain a sensible approach. Avoid chasing excessive profits that could lead to a complete loss.
IMHO, if you're in the right time and luck is obviously on you. Take that moment and cherish that until you ran out of it.

Oppositely, do not chase your losses but as for your winning times. You only need to follow and continue while you can see that it's still there. Because if it's no longer there, that's the time that you should avoid chasing it.

The signs are there like you're on a losing streak then that means that you're no longer lucky.
That's what i'm doing, whenever I find myself lucky on the certain game, I just take advantage the moment because it's rare. So I keep playing until a signal hits me to stop and that is when I already lose the bet twice. However, one can't do this if you have no contentment on the profit you've made already.

Well anyway, we have different style on how we gamble. But what matter here is you know how to manage your emotion and your bankroll to play longer, but it doesn't mean you'll exceeds to your set budget. Just know your limit so that you can gamble in moderation.
That's the key, contentment.

It's nice that you've mentioned it and many of us don't have that even if we're winning. Because with the little profits that we're making from these wins, they're not encouraging and satisfying at all so we continue.

That's why we're losing even with those small amounts because we're not all contented to have it so we just lose them all instead and we tend to lose more.
hero member
Activity: 1344
Merit: 583
I have created a pdf of this rule for me which I am sharing with you. I hope you find it useful.


  • Maintain a sensible approach. Avoid chasing excessive profits that could lead to a complete loss.
  • Remember that not losing is often more advantageous than risking it all.
  • When luck isn't on your side, consider an immediate pause to prevent further losses.
  • It's crucial to recognize that consistent daily profits are unlikely. Don't jeopardize your entire balance just to chase them.
  • Understand that all games involve an element of randomness, making it wise to cease betting after securing a win within a range of acceptable losses.
  • Don't push your luck beyond the maximum acceptable losing streak. Waiting too long often results in significant losses.
  • For instance, if you're playing a game with a 3x payout, the safe losing streak might be 18, and the maximum losing streak might be 24. If you experience a losing streak exceeding the safe limit, followed by a win, consider stopping your bets.
  • Be aware that extended losing streaks tend to get worse, and it's challenging to predict when they'll surpass the maximum threshold.
  • Avoid waiting for a substantial payoff after a prolonged losing streak. Cut your losses before they deplete your bankroll. It's likely that bets close to a quarter of your balance will lead to losses most of the time.
    Adjust your bet sizes to ensure that one or two wins can recover more than your previous losses. Avoid excessive greed.
  • Recognize that the house often aims to lure you away from your strategy, leading you into their designed plan to deplete your funds quickly.

Act promptly if your emotions start influencing your decisions. Both excessive fear and greed pose significant risks.

These are all great points and thank you so much for sharing. I think a lot of people could exercise more restraint when it comes to gambling especially.
sr. member
Activity: 1106
Merit: 398
Duelbits
Gambling is not a paradise for profits, but if we are determined to get big wins in gambling and get big profits from the gambling we play, then what we need to do is to make the most of the winnings as business capital, for example, or you can invest. the money and part of it is saved to answer urgent needs. You need to do these things to prevent your money from going back to gambling in its entirety so that the money cannot be utilized as well as possible and you cannot enjoy it for anything other than gambling.
For the fact that casino have it house edge that make winning almost impossible unless on rare occasions that is why gamblers depend on the lick to keep the winning stride and any point in time, and that is the reason why gambling without restrictions only leads to losses that can not be overly bear in most cases and that why we advice to make a limit to our gambling activities.
Taking gambling as a means of making an income or profit is a wrong thing to do and will be unrealistic to make thay happen in most cases and so we have to limit per time on how we gamble.

I never thought that gambling was a place to make a profit and if I thought so, maybe I would never have looked for work here and there and built a business to be able to earn some money so that I could survive and have a decent life.

And here I just hope and what is called a hope, everyone is free to hope for anything as long as it is not too excessive. Because if you have too much hope in one thing and depend everything on that hope, this is something we should not do because it will have a bad impact on ourselves.
legendary
Activity: 2730
Merit: 7065
Martingale method is really dangerous if it is used in a chance based game but I also think that the martingale strategy is very effective in a game where skill can dominantly predict the result of the game.  Since sports betting relies more on skill, using martingale strategy can really enhance the chance of recovering losses and possibly ending up with some wins.
We are again going back to the same problems I mentioned in my previous post. The odds on sports betting vary and aren't fixed as in many casino games. You have to account for that and adjust your wagers accordingly. Even if you double your initial stake from your previous losing bet, you will not make any profits on odds below 2.0. And different leagues and sports have different limits. I have seen markets where I was only allowed to wager €25 per match, and my account wasn't limited at that time. Sportsbooks have systems in place that recognize various betting systems and they will limit you if they recognize certain patterns in your betting.
hero member
Activity: 910
Merit: 507
Thank goodness you don't have any PDF links in there given that you can use those to hack into people's computers without them knowing a thing or two about it. Also, it's kind of hard to believe on what you're saying OP given that you have a flag on your account and most of the advice that you've listed are all just basic knowledge and common sense so there's nothing original is in there.

The flag on his account is typically for mistakes that he or she made, when he was a newbie on this forum. He PM spammed people with casino affiliate links and asking for loans. (Anyone want to confirm, if he or she is still doing it with that shortened link in the signature)?

Well, from my own personally observation, I think he is no longer doing it judging from when shasan and Twitchyseal left those negative tag on his account, for I know about PMs, I trust that if he was still doing it, the negative tags would have been much more than just two.

So I personally would want to believe that he learnt his lessons by the two tags he got, and by that, understood that what he was doing is wrong.

And talking about Ai generated post, its most likely and I think that is what he addressed in his comment above mine, he said he used paraphraser because his English is not good, can that be justified?
Most time those that used AI generated posts are ban in some cases since that is also plagiarism since the poster is not the original owner of the posts and the forum rules states that zero plagiarism in the content production in form of discussions and comments, so of may take long bur definitiely ot will come one day.


The fact that ops stated he want to share a pdf file link but failed to include that in his post makes it more hard to believe that ops have indeed changed significantly.
hero member
Activity: 952
Merit: 555
I only know one thing for a gambler to play wisely: when he wins between $30 and $50, maybe it's a warning to stop; don't try to continue, because what frequently happens to those who continue even after winning is that they finally lose. Numerous gamblers have experienced this numerous times.
There times I stop  from continually gambling for the day immediately I make my first win irrespective of the amount won I'll just stop never try to continue with another bet and adjoin my gambling to the next day and each periods I do so it aids me in prolonging the time frame for my bankroll before it could get exhausted. Sometimes gamblers should be wise to discontinue with gambling for the day if they just got a win either at their first bet or made a win after been subjected to a few losses. The wisdom there is that you don't go home with an exhausted pocket or a completely emptied account. You still have a sum left to start with the next day.

As gamblers, we need to have or developed the kind of mentality that gambling is not a continuous winning process that each time we appear being lucky to win doesn't guarantee other subsequent attempts the same way, we are gambling to take risk and to have fun either winning or not, our uttermost derivation for satisfaction must be achieved through this, but why has it been that many were so too focused on winning or making profits in gambling to recover their financial losses, we also needed to reset some other things from our side being a gambler to help retain and maintain the winning capacity we got in every attempted gambling activities.
hero member
Activity: 2100
Merit: 546
Leading Crypto Sports Betting & Casino Platform
Gambling is not a paradise for profits, but if we are determined to get big wins in gambling and get big profits from the gambling we play, then what we need to do is to make the most of the winnings as business capital, for example, or you can invest. the money and part of it is saved to answer urgent needs. You need to do these things to prevent your money from going back to gambling in its entirety so that the money cannot be utilized as well as possible and you cannot enjoy it for anything other than gambling.
Using the money that we get in gambling into other things in hopes of growing it more is I think different anymore but it's much better than burning your money in gambling in hopes of getting that big win. We can successfully invest or build a business for example but there are no guarantees that we can snap out of gambling. I can still see that we can use the profits back in gambling again. I'm not saying it's wrong totally. It can still be right as long as these profits are residual and the money that we allocate are still within our reach.

Quote
you cannot enjoy it for anything other than gambling.
Do you think we enjoy it when we placed our gambling profits in those things that said earlier? I don't think so. Sometimes what matter the most is that we are happy. We can't bring money in our graveyards anyway. That is always what I heard from the elders but it's true though.
sr. member
Activity: 1498
Merit: 271
DGbet.fun - Crypto Sportsbook
It should be noted that when you win a large amount of money, you should stop being a responsible gambler. But what happens often is not like that; instead of stopping as they should, they find it even more enjoyable to continue gambling even more.

This can also be a problem for most gamblers. They don't know how to control and restrain themselves, so they often lose in the end. A win that should have turned into a loss.
full member
Activity: 1050
Merit: 149
Hire Bitcointalk Camp. Manager @ r7promotions.com
It's good if you can stop after getting your first win. That can remind us to realize that we won't be able to win too often. We must be able to stop after winning whatever the amount.
This is a lot easier said than done to be honest with you. Winning leads to a spike in adrenaline which leads us to keep wanting more and more which is why it's extremely difficult to stop no matter what the amount is.

The easiest way to counter this is to gamble with a bankroll that you are willing to lose in one session.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
I only know one thing for a gambler to play wisely: when he wins between $30 and $50, maybe it's a warning to stop; don't try to continue, because what frequently happens to those who continue even after winning is that they finally lose. Numerous gamblers have experienced this numerous times.
There times I stop  from continually gambling for the day immediately I make my first win irrespective of the amount won I'll just stop never try to continue with another bet and adjoin my gambling to the next day and each periods I do so it aids me in prolonging the time frame for my bankroll before it could get exhausted. Sometimes gamblers should be wise to discontinue with gambling for the day if they just got a win either at their first bet or made a win after been subjected to a few losses. The wisdom there is that you don't go home with an exhausted pocket or a completely emptied account. You still have a sum left to start with the next day.
It's good if you can stop after getting your first win. That can remind us to realize that we won't be able to win too often. We must be able to stop after winning whatever the amount. And if they continue gambling, they may lose again, which could be a big loss that will cost them all their money. Moreover, we know that gambling will not give us easy wins, so we must be aware of it. It's a good idea not to go home empty-handed because when we've managed to win some money, we've managed to get it, and it's time for us to go home.
sr. member
Activity: 644
Merit: 262
I only know one thing for a gambler to play wisely: when he wins between $30 and $50, maybe it's a warning to stop; don't try to continue, because what frequently happens to those who continue even after winning is that they finally lose. Numerous gamblers have experienced this numerous times.
There times I stop  from continually gambling for the day immediately I make my first win irrespective of the amount won I'll just stop never try to continue with another bet and adjoin my gambling to the next day and each periods I do so it aids me in prolonging the time frame for my bankroll before it could get exhausted. Sometimes gamblers should be wise to discontinue with gambling for the day if they just got a win either at their first bet or made a win after been subjected to a few losses. The wisdom there is that you don't go home with an exhausted pocket or a completely emptied account. You still have a sum left to start with the next day.
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
Thank goodness you don't have any PDF links in there given that you can use those to hack into people's computers without them knowing a thing or two about it. Also, it's kind of hard to believe on what you're saying OP given that you have a flag on your account and most of the advice that you've listed are all just basic knowledge and common sense so there's nothing original is in there.

The flag on his account is typically for mistakes that he or she made, when he was a newbie on this forum. He PM spammed people with casino affiliate links and asking for loans. (Anyone want to confirm, if he or she is still doing it with that shortened link in the signature)?

Well, from my own personally observation, I think he is no longer doing it judging from when shasan and Twitchyseal left those negative tag on his account, for I know about PMs, I trust that if he was still doing it, the negative tags would have been much more than just two.

So I personally would want to believe that he learnt his lessons by the two tags he got, and by that, understood that what he was doing is wrong.

And talking about Ai generated post, its most likely and I think that is what he addressed in his comment above mine, he said he used paraphraser because his English is not good, can that be justified?
jr. member
Activity: 102
Merit: 1
Thank goodness you don't have any PDF links in there given that you can use those to hack into people's computers without them knowing a thing or two about it. Also, it's kind of hard to believe on what you're saying OP given that you have a flag on your account and most of the advice that you've listed are all just basic knowledge and common sense so there's nothing original is in there.

The flag on his account is typically for mistakes that he or she made, when he was a newbie on this forum. He PM spammed people with casino affiliate links and asking for loans. (Anyone want to confirm, if he or she is still doing it with that shortened link in the signature)?

I hope he or she learned from those mistakes and that he or she will be posting constructive posts on this forum. I believe in giving people second chances, so let's see if Franky's positive comments are true or not.

The posts looks like it was created by AI, so it might be better if OP linked to the source to verify it.  Wink

it seems like ai because i used paraphraser because my english is not good.
here is the pdf but it have more points: https://uploadnow.io/f/d3TCBzV
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