Topic: Winning Wisely: Strategies to Protect Your Bankroll - page 5. (Read 1769 times)

  We should note that betting can’t go in our favors at all time, there are days when you be on winning streaks and you might feel you finally cracked the code of the house, when these winnings are coming it is advised to play safe, take out your profits if necessary then leave the capital because  when the house have your time and luck is not all your side you will encounter losses and feel like maybe the world us crumbling on you.  Winnings is fun, when the losses come which will eventually come there’s no need being sad or making a fuss about your loss. For newbies looking at starting a career in gambling be well assure they are losses and when they come you need to be ready to take them. This is why it is good to play with a budget so that you can cut down your level of gambling and when you feel the losses are getting too much than the win shut down for some time, go back and re-strategies. Take a break from gambling so that when you step back in it will be a whole different challenge.
  Gambling is now one of the most popular forms of entertainment for young people currently and it’s easy assessment makes it’s even more appealing, now people can now open betting site with ease. The same it easy join it also easy to loss your money too as well if you don’t play responsibly. Like you said chasing losses will do you no good know when to give it a pause when the losses are getting too much. And when the winnings come take your profits save them up somewhere else so that you won’t be tempted to stake with all of them.

If profits or maximizing a balanced availability on the account in your main goals then you must not do away with eh use of cash-out features and this is why, sports betting has become one of the most popular and widely played bet games, since it is the gambler to be able to cash out on some amount this practice have helped also t of people to avoid the wallet getting drained in the course of playing,  sometimes it most very important to note that even if you don't win the entire amount by not waiting till the end of the game to get your total win amount,  you can still make use of the cash out to take home some profits instead of risking the total amount till the end of the game.

Indeed, we don't need to force ourselves to continue gambling and chasing those losses because that will lead to losing more and badly affecting our finances. It is necessary for us to understand that we must be responsible with our actions and decisions, and must know how to set limitations in gambling just to protect ourselves from overspending that causes very unacceptable losses.

 -we have to remind ourselves that gambling is not a source of income, so only just spend extra money
 - if we have no luck in gambling, then no way to win.

If a person have mindset like this then gambling is not for him. Sounds a bit harsh but let's face the reality. When the person is gambling just to make money, he is putting something in the line that he is not able to lose. And in gambling that is important to gamble with the money that you can afford to lose. The person with this mindset will only choose to win and never be ready for losing. What is the fun in that? Gambling is for entertainment. How can you enjoy something when something is in the line that you can't afford to lose.

Whatever it is, those who understand this fundamental will easily gamble responsibly. I hope those who come with the mindset of making money can learn and accept the fact that quick money is not the way to go. When there's a possible chance that you can make a profit only then you can go for quick money. Gambling is not a way for doing it. I hope they learn their lesson.

Yup, that's what it is. People with financial difficulties in their lives tend to consider gambling as the only way they can reach a better financial position in their lives and that is the reason why they risk everything they have hoping that they may make something more than that through gambling and eventually lose it all but the hope never dies.

The ones who find gambling as an opportunity that can change their lives in the blink of an eye cannot see it from another perspective. They don't understand the concept that one can spend money just to have fun, they think that money should only be used if you are getting something valuable in return or at least have the possibility of getting something that is worth it.

You can't become rich using small odds, unless you risk higher amount, it's also not a good plan to become rich using gambling, safe your mental health and face the reality of life, I was enjoying your reply until I read where you said "everybody chooses their own way to victory but all of them have the one goal" , the truth is many people choose the most stupid way to victory and only one or two become lucky through that same path.

Some people rely so much on gambling and they lose focus on things that can really change their lives for the better, gambling to have some slimmest luck is different from working hard and smartly investing your money that will one day grow big, it's a long journey but it's less detrimental to your health and life.

If you are using small amount of money to gamble, you are doing so to limit your risks and at the same time it means you won't be winning a huge amount of money, if this is fine by you then you should continue, but if your goal is to get rich by gambling you will one day start using big amount of money, maybe it's because you are earning less money that's the real reason you are using small amount to gamble.

It is not so. The main goal is to get profit. Of course it is nice to get big prize, but i`d prefer stable winning with small odds.
When you win 4-5 times with the odd about 2, you get profit and the chances to win with such odds higher than with the odd about 10.
Everybody chooses their own way to victory, but all of them have the one goal - to become rich.

For those reasons that we've got, it is important to analyze what we're up to because if you're just a casual gambler and all you want to do is to have fun, there's no need to protect your bankroll as you're okay going all in and out as you gamble. By the looks of it that you've become wise with your gambling habits, you'll be more careful and calm as you have seen the bitter taste of losing and you don't want that to happen. As we decide to gamble, anything that seems to be working for you and all you want to do is to protect your bankroll, you'll do everything for it.

We have those measures that will make us safe but that doesn't give us the guarantee that we will be. It's like the alarm that we need to have when we gamble and it is going to make us remember that we have to keep ourselves safe and needs to protect the bankroll as we gamble. If you are able to do that from all of those strategies that you've learned then that's good and you'll make yourself impressed from it, there's no need to impress others but only to ourselves since it is our money that we're trying to protect.

The most common goal set by players may be like this by expecting a big win so that it can make them rich quickly. but if they play with such a goal, it will be difficult to avoid addiction periodically, before playing they should be ready to lose so that they do not have the principle of playing to restore the losses that have been lost due to gambling.

Luck that will give us victory, in my opinion there is no trick or pattern to beat the machine system, the bookie always wins because it has arranged everything so as not to harm them, but the players do not realize that what they are facing is a lot of money that is unlikely to give victory just like that. casinos are held or gambling the goal is to make money not to give money easily to everyone. So they should know the meaning of gambling.

It’s not about those regular way outs such playing smart, not becoming emotional, luck based factors and bunch of regular stuff. However it is more or less playing on fixed casinos for long terms and growing your membership statuses on them. Most of the casino would have VIP program. Many of us overlook it but they are the real deal if you want to kee earning more and losing less on House edge over the period of time. You get better rakeback as compared to regular user, more promotional offers and in the long run that always ends up with saving deal. For every level we go up there is bonus money that is added immediately that also cover up various losses. I think it’s best to look at gambling programs such as these in business perspective. The more you put the more you get in return.

Particularly with gambling, winning isn't everything. There are countless entertainment alternatives available on the internet, including social media, games, and videos. What then makes people want to gamble so much?

The world is quite difficult. Individuals are searching for quick fixes and easy methods to generate money, and gambling appears to be one of those options. The problem is that feelings get complicated when monetary gain takes precedence. Emotions can be difficult, particularly when money is involved. Initially, people want to make quick money, but they quickly become addicted to the game because of its excitement and its highs and lows

What happens if we adopt a new viewpoint? Consider the money you bet as lost, stolen, or destroyed! Then, any win is just a bonus, a cherry on top. The excitement and the experience are more important than the money. Maybe, just maybe, if we can change the way we think, we can strike a balance. But always keep in mind, people: know when to give up and gamble wisely

Since we gamble for different reasons it is good for us to stay safe in whatsoever game we are betting on to safe us from the stress of chasing loses which can attract loses to us if we are not so skilled with that. When we bet, there are different factors that can affect our bets and what we need to do is to always plan before betting and using a good strategy that would help us to make good project as a gambler. Luck can be a vital tool to our winnings that is why we need to study ourselves and know when we tend to be lucky in betting.

Winning isn't everything. That is old but still effective. But the problem starts when people involve / prioritise money over entertainment. Why do you think people these days get involved with gambling? Is it because they want something for entertainment? The internet is a vast place and you can find many types of entertainment rather than gambling. So why are people still getting involved in gambling?

The world is now full of competition and making a living in this world has become so hard. People really want to find a way for quick money. Most of those newbie gamblers are gambling to make money. This is where the problem begins. When money is a gambler's first priority, emotion would come into play and in the long run they will get addicted.

It is hard to control our emotion. But only when money is involved. Think of the money you spend in gambling already gone. Then what you have left to lose? Rather than feeling bad for what you are losing while gambling, enjoy what you are getting in return in every win. The amount you put in gambling should be considered lost. And what you get as a win is a reward for being there. If we change our perspective, then old things make sense.

I mean, for example, you have a budget that is ready to lose $100 and deposit the entire amount into your gambling account and after you bet and lose 50% you decide to stop betting, is that correct?
If that's true, wouldn't it be better if you just deposited 50% or $50 of your budget so that it would be better?
Because what I'm worried about is that we sometimes lose control when a losing streak kills us and even stop betting. It's usually difficult for us to control our emotions and obey our emotions to continue betting.


Very precise, your thinking pattern is very good and I guessed you would answer like that because almost most experienced gamblers usually do the same thing when they get a big win, they will withdraw all their winnings and then leave their initial budget or usually only leave 20% of the total amount. thought.

On the time that you do make yourself having those kind of beliefs or intents about gambling then this is where you would really be putting up yourself on big risks. Gambling games does really have indeed different types on which there are strategic games and there are pure luck based on which same as you said that we know that sports betting arent really that totally relying on luck alone
but rather it would really be that good on having that kind of analysis before making bets on which it would really be that increasing your winning chance if you are really that aware on what are the things needed up to be known.

Increasing bankroll and protect it? It would really be just that only possible on card games and sports betting and this isnt something that could really be applied on casino type games.
There's no way that you could really be able to influence out your luck with other things specially on luck based games on which there's no point on how to deal with it.
Winning? Its normal and so as with losing but since house do always win then expect that you would be losing in the end of the line.

Lets get this straight: the house usually seems to have the last laugh in our game, which is pretty funny, right? I mean, its always struck me as hilariously ironic how these glitzy casinos entice us in by giving us the impression that we are the masters of strategy. But when the chips are down, its usually more comedy than strategy. I understand that it might be somewhat difficult to regulate our emotions when we're fully engaged in an activity. We should be the master puppeteers, not the opulent casinos, even though they have mastered the art of seduction. After all, who wants to dance to their music, lets face it?

Yes, and the well-worn adage in gambling: "Winning isnt everything." Its very old. But how often do we actually live up to that? Its a brilliant idea that you mentioned making a daily budget and strategy. It is the mooring in the turbulent ocean of probability. Gambling is as erratic as the weather for tomorrow. Thus, even if you seem to have the Midas touch one day, keep in mind that things could turn bad the next. I also want to emphasise that you should enjoy the game rather than the wins. Since, as you correctly stated, happiness ultimately takes precedence over all else.

I agree. Skills and knowledge are your edge if sports betting are your choice in gambling. The profits are still not guaranteed but having a knowledge can increase the chance to win the game. Therefore it's not entirely relying on luck (compared to casino games) though of course it is still necessary since upset can also happen.

Anyway, gambling is not really an alternative to make money, and those who have high hopes to win when playing might experience the struggles of accepting the outcome. Losing is inevitable hence a gambler should be aware of this fact before deciding to use his/her money in gambling.

In both situations, each of us have different approach as it depends on various factors.
Your financial situation, your preferences at that time or your emotional standpoint.
This is why each gambler has their own decision on this matter because we have varying reasons on why you are betting in the first place.

I have determined a gambling budget that can afford to lose, but if the bets are consistently losing then I will decide to stop betting if the loss reaches 50% because I am sure that day will not be lucky for me.
However, I don't expect gambling to earn extra income and I can control the emotional influence in gambling, so it is better for me to cut my losses by 50% than to lose everything.

I will withdraw all winnings and only leave the initial budget for gambling, I will not increase the gambling budget even though I have won the jackpot, gambling will not guarantee winnings for the next betting session and if you lose control in gambling then the losses will be higher than your winnings gain from previous bets, therefore keep gambling responsibly and still anticipate high losses.

Those who have greed woud always be a scape goat of losing their bankroll although that might not be a lesson to them since they can see it as a normal thing but a person who is wise would think and observe what could be his reason for the loses he is making so afar. Gambling has it own risk and for the fact that we are making loses does not mean that we are meant to lose or it's just natural.

Sometimes gred can eat into our bones and attract loses to us even when we are trying all best to keep accumulating profits to safe safe from excessive gambling. It is very important for us to studyour gambling activities to when something is wrong or right so we can amend and make a good move that will turn our frequent loses to profits.