Topic: Winning Wisely: Strategies to Protect Your Bankroll - page 6. (Read 2021 times)

Saying is easy but to act on it, it becomes hard. We can send many things theoretically but when applying them in real life, many things come between our decision and our emotion. Those points that you have mentioned could create a great mentality in which we can control our emotions to some extent. Those casinos have made it so easy to play a game that people often forget what they are doing and get so into the game that they get addicted in the end. If not done correctly it can not be avoided. Gambling responsibly and sticking to strategies should be our priority.

When you feel like you have lost enough, just stop. Gambling is based on luck and you can't do anything even if you have all those skills and analysis experience. Things could play out differently than you have expected. Also, when you feel that you have made enough wins, stop. It is better to come up with a strategy and a budget for everyday gambling. Never go above your budget and the amount of bet you can place a day. There are no limits but if you are failing to control yourself, then you can surely follow this strategy. Winning is not everything. Enjoy what you are doing instead.

And besides that they must really prepare money that will not be a problem if in the end they lose (lose), I think this is not only for one or two gamblers but for all gamblers even those who are experienced. Because obviously the money you bring will be enough to determine whether you will finally regret it or still feel fine, the fear is that when you bring the budget for your living needs and then put it on gambling with the intention of multiplying it then I'm sure in the end you will get emotional, because it is very clear that in gambling there is absolutely no guarantee of winning and besides that the final result is only determined by luck, meaning that if today you are unlucky then you will lose.

So do not let you gamble with the expectation of victory, especially with large amounts, it is very difficult because the final result cannot be predicted at all. So gamble with the intention of finding fun or filling your empty time when bored, if you are lucky then the victory will come by itself. True, self-control is very important, for the problem of preparation as a preventive measure is quite similar to us trading, where there you also have to apply strong self-control, none other than the benefits are still the same, namely as a preventive measure so that the risk of loss is not too great.

Actually, the method you say makes a lot of sense, but if after understanding a little it means you put in all the budget you have but when the loss reaches 50% you decide to stop betting, is my understanding correct?
If that's the case, it seems like it requires a high level of commitment to comply with the rules that have been planned because most gamblers will find it difficult to stop betting when losses reach 50% because of course emotions will tempt our minds to try betting again and even though I've done this several times, I still failed. but when my mind is in a good state it is very easy to stop my betting session.
Another question from me is if you lose 50% then you stop betting but what if you win? Will you withdraw everything or only withdraw 50%?

This topic is continuously redundant for giving tips, im just wondering if the creator of those topics really follow those tips they have given to other people or just tips for just one time mistake to their gambling habit.

If you want to play gambling you must need to make sure you are ready your money and of course yourself not as always you are a winner in gambling expect the unexpected to lose more than your capital or your winnings. always manage to have a limit in yourself likewise in trading you must need to have your own TP and SL as your limitation to yourself, greedy sometimes can be worse than you were expecting.

If you aren't going to gamble with all the money why deposit on a casino? You don't have to deposit large amount of money to make your bankroll looks fat or anything, there is no reward for doing so, even deposit rewards now are not possible until you place some bets first.

I believe that the lower you risk your money the higher your chance of winning, I prefer to see me win than using a large amount to gamble because you want to win millions at once, if I have use $5 to gamble in ten days it's $50, compare to some one who wants to use the whole $50 to place bet at once because they plan to win millions.

This is the best winning strategy I can think of, lower the amount you are risking,  you can't tell when or if your luck is near, it can be five times far away, but the money which you should have spread out and gamble per day has been used on a single day, it means you just shut the door on your luck and throw the key into the river.

When it comes to how to protect our funds, well things tend to have many aspects, I have read how some users to protect their funds sometimes do not even play, or play a little and do not play anymore and then withdraw their money , so this is something that is not I take it as if it were something normal, I think that the things When it comes to protecting our hearts refer to the fact that we should not become addicted, and it is difficult , because some People who are not Afraid of Playing get up and play without control, sometimes They lose, others win, and they have no control, besides that when a person shows that he plays a lot and loses, he does not care if he loses, and that is a very bad thing, I would think that when a person is like that , then he has to learn because otherwise he will go fall into bankruptcy, so in this order of ideas what I thought of a way to make Everything turn out well and that you can protect your funds is that you allocate only a small part of your funds to the casino, if you win well, but if So it's a shame not to put in more money or make deposits.

Some players here in the forum talk about allocating a percentage of their salaries to games, some even talk about allocating 20%, which seems exaggerated to me, so when it comes down to it, everyone knows what their expenses are like, but it seems to me that 20% is a lot, and if they lose it it is very sad, I would speak with a percentage less than 5%, I would say that 2% seems good to me to allocate it to their total fun and that they divide that percentage so that they can have a better experience, then Each person is responsible for what they can spend, I personally would say that whatever has to be Allocated should last at least 5 days, if a Person has 100usd I will divide that into 5 so that each day they spend 20usd and no more than there , Obviously respecting that if you lose everything, not make more deposits until the next day, that is a Measure of great discipline, I personally would do it that Way.

When we continuously lose when gambling then the right choice is to stop to consider continuing betting or stop betting to avoid high losses, we have to calculate the total temporary loss and if the loss has reached 50% of the funds you allocated for gambling, I choose not to continue gambling and will return tomorrow because I consider gambling to be closer to the luck factor than probability, if I force myself to continue betting then it is very likely that the bet will lose because I cannot control my emotions and the possibility of placing all in on the next bet. So it is better for me to secure another 50% remaining funds for another bet than to gamble without emotional control, you will not gamble wisely and will only waste your money gambling without consideration.

There is no "doing the right thing" in gambling that can actually increase your chances of winning, that thing is totally dependent on your luck when it comes to gambling and your luck doesn't change by you doing something differently. And when we talk about knowledge or experience, these things can only help a gambler have an upper hand in sports betting where the bettor needs to have some knowledge and experience about the sport and the teams involved in order to choose the right side and win the bet.

In gambling games, the only think that can make someone save their bankroll and gamble safely is that they stop when they see that their luck isn't working and they are constantly losing. If you don't stop at the right time, you will most likely lose your whole bankroll in that exact gambling session.

On that point, you're right. Maybe if a gambler didn't become wild or greedy in gambling, I am pretty sure no one would become an addicted gambler. If everyone's only intention is to have fun in real life,

That's why what I'm thinking seems impossible to happen, because not all gamblers have the same reasons why they enter a gambling casino. Also, not all gamblers play gambling every day because not everyone has equal gambling skills.

Limit your budget because it is very important to play more safely so that it becomes an alarm when you really stop gambling when your capital has run out and ensure that the game is satisfying enough, so no longer consider defeat as a disgrace and something to be regretted, always use the mindset It's healthy to just gamble for entertainment and to have fun, make sure that when you lose, consider the money you've used up as paying for the entertainment.

Enjoying the game is very important when playing gambling because to achieve your own satisfaction you can gamble safely or reduce the bets to smaller ones to extend the gambling time if desired, but if you have a little time you can increase the bets as long as the budget is controlled, it's all safe and there won't be any problems because as far as I use this safe method like that. The point is, if we can manage our budget and control ourselves, it will definitely end well.

Just maybe, the figures seen as suposed win (mostly in sports betting) are overwhelming and one tends to fantasize on the outcome of the win and what the win will  be used for. The adverse effect of that is the drift of focus from probability to certainty, when the expected outcome becomes and illusion, all hell is let loose and then the ineviable sets in.

Loosing is a part of the equation and should always be factored in from the onset.

Maybe probably in your own case here, you're already getting towards being addicted to gambling at your unaware, the moment we cannot resist the urge that keep pushing us to continue betting even when we are loosing is a signal for an addiction and what first comes to mind is to see that you're after the chase of your losses and the moment you embark on that, it becomes a serious challenge, all you could keep seing is a continuous attempts to gamble the more while the losses continue to accumulate as well the more.

Gambling is gambling. Gambling cannot be used as a source or alternative income. Those who still try it will regret having resorted to gambling. And they can also experience huge losses from gambling. Innovative ways to make money are to create a business that is different from other businesses but has challenges.

We can only use gambling as entertainment. And by using a certain amount of money, we gamble in our free time so it doesn't interfere with other activities. At that time we will be lucky so we can win some money. But we also have to remember that we could lose all the money at other times. This is where we need to limit ourselves to gambling so we don't lose a lot.

We just need to play it safe in gambling and not risk losing too much money. In this way, we can also enjoy gambling as it should be. We must be able to control our gambling if we don't want to experience gambling addiction, which is a big problem for everyone who gambles.

Even if you play safe, you can't predict or foresee whether you will win or lose. Playing safe or crazy doesn't mean you have a guarantee that you will earn. I disagree with gambling as an alternative to earning because gambling will never be considered an alternative to earning. Yes, we can earn, but at the same time, we could also suffer a big loss. What can you say about innovative ways to earn money? Those jobs or investments that guarantee you a profit even without taking a risk I get that in life we need to take risks, but it is not sensible to rely on or think of gambling as an alternative to making a profit; it will never be. Maybe some could become rich instantly if they are "lucky," and we know not all of us could have that grand slam luck ticket to become rich, I play gambling yes, but I treat it as my hbby only and bet the money that I can afford to lose.

What's the true gambler base on your perspective?

I don't know if I can claim myself as a true gambler, but I gamble and risking my money, also if I take a part of event or contest, I try to follow all the requirements. In the end I'm losing, the winnings I've make aren't surpass my losses. Is I'm not a true gambler since I didn't make any money through gambling?

We are hard headed, when we are already aware that we are in a losing streak, that's the tough times that we don't want to quick. Instead of quitting, you do more, bet more and lose more. No one seems to stop us with that kind of approach because we become one sided and that's to recover those losses and soon we might be profitable but it's not.

Some might consider this as a business but the majority won't. And if you are considering this as a business, you probably have a huge network of connections and that's making you stay for so long because you have to maintain that. Just like any business, money management is required and studying what must be done for you to survive. But just as the majority, it's not a real business that you can treat because you just gamble and go away afterwards whatever will be the results of your bets.

I think we need to understand how we intend to play safe so we can have a clean winning. Gambling has been a good alternative for us earn some profits for ourselves if we are true gambler. For us to earn clean bets as a gambler, we need bet on games that we are skilled at not minding to try our hands in tempting games that cannot guarantee our winnings. We need to establish a good mindset when we bet and also work on our strategies to hasten the process for us to make winnings. We all want to make winnings but we don't have to become too desperate so it not going to affect us later.

If you say that greed destroys everything it is true and I agree because when they are filled with really big ambitions for big profits they can get carried away until in the end they don't get profits but losses.
Even though trading and gambling have different concepts both will fail if someone pursues them in condition that is greedy for greater profits.

Gambling and trading are activities that involve certain amount of money so we have to be wiser in every step we take.
When you get profit it to stop and leave immediately.

We know that it will be difficult to control ourselves over big ambitions and desires but as much as possible we must try to have them, control them and also feel grateful for whatever we have got.

When we do the right thing, then we just might have increase our chances on winning, whenever we play safe, then we are likely to have upper chances for winning the bet we take, it's not by how high the risk was but how we manage the way we gamble, having the best of the knowledge in knowing what we do, we are gambling because it's part of our favourite thing to do each time we are on leisure time not minding if we win or loose

When it comes to gambling and the person is playing gambling games that depend on luck, then the person has no way of creating any strategy, all the person needs to do is just know how to manage their money so that they don't put money in the casino. money intended to pay bills in the real world, this is because the person knows very well that all the money he puts into the casino will be lost, he will not leave with a profit. he's just going to have fun at the casino and the sooner he accepts that the better. but what we have seen is that people set an objective, something like: I will stop playing when I win a lot of money. With this thought, people dive deep into gambling and completely forget about things like bankroll management and not investing money that they cannot afford to lose.

and the situation gets worse because in these games of chance that depend on luck for people to win, the person needs to put a large multiplier in order to win a lot of money and the level of difficulty in hitting a large multiplier is very high, so the person spends a lot time playing and losing and you run the risk of spending all your playing time without ever getting it right. and this also applies to sports betting, many people in recent times have placed multbet bets with many teams so that the odds are very high and when they win they win a lot of money

Here in my country, for example, people who also make sports bets, they prefer to place many teams in a multibet bet and place little money and in case of a victory they end up with a lot of money, last week there were many people who managed to get it right and were left rich. It's a good strategy because they put in something like 1$ at most and when they win they end up with much more than 300$.