Topic: Winning Wisely: Strategies to Protect Your Bankroll - page 8. (Read 2021 times)

Responsible gambling is all about being responsible in engaging in gambling activity. One must know that gambling is created for entertainment with a twist of winning an  amount.  So being a responsible gambler one must not look at gambling as a way to get an earning.
 

One does not necessarily need to stop his gambling activity,  All he need to do is gamble in moderation  Although gambling addiction may acquire in gradual process, moderating our gambling activities will save us from getting addicted since moderation is all about control in our gambling activities, the opposite of gambling addiction.
 

Responsible gamblers know that winning all the time isn't possible, so they don't expect anything like that from gambling. And those who are irresponsible when it comes to gambling would only think of profits and that will cost them a lot of money for sure. Some people will get it when you advise them but some don't give a shit actually.

Yep, people get addicted over time and not immediately, and when they do, they lose total control over themselves and their emotions.

It's easier said than done because most gamblers will barely have enough self-control to actually make themselves limited when it comes to spending a specific amount of money on their gambling activities.

You would really be making yourself that disappoint on the time that you do really expect that much with gambling specially on having that winning. You cant really just make yourself always have that constant win in terms of gambling knowing on how risky it is then it would really be that likely that you are bound to experience winning and losing which its always been that part of the game.

Relying on winning all the time comes with a lot of disappointment, which is really not a good sign for a responsible gambler. There are many people who have seen gambling as their top earning priority, which again is a red flag for their financial lives. This should always be advice to young gamblers and enlighten them on the dangers that come with such behaviour.
 
Becoming a gambling addict doesn't just start one day; it's a gradual process that, if the person doesn't call a stop to it on time, will lead the person to another dangerous place, which might end up destroying the person's personal reputation in his circle.
 
Having a gambling limit and holding down to that limit is also an essential tool to self-control, and it marks a good beginning to where the person's gambling life will be heading, so if one needs to be a gambler who won't lose everything due to a lack of control, they should start by maintaining and standing by their daily betting limit and don't allow anything to break that decision.

And things like that will gradually make him deeper into gambling, having difficulty stopping even though he doesn't gamble anymore. If he gets an attractive offer to be able to continue gambling, he will immediately take it because he still wants to gamble and win.

To get a win from a friend's offer, that doesn't always happen because we know that gambling is something that cannot be predicted. He could just place a bet and play and see the results later.

Setting limits for yourself is something every gambler should do to avoid losing more and more. With this limit, they will see that they are close to reaching the limit and will have to stop gambling immediately to save money and prevent further losses. However, if they have managed to win, they should immediately realize that continuing to gamble does not guarantee they will win again because gambling is not an opportunity to win more. Maybe they should stop gambling and forget about their plans to continue gambling because there is no certainty of winning the next round. If they still intend to chase winnings, it is greed that they must control before they lose their money.

Having other activities besides gambling is a must to divert attention from thinking about gambling in our free time. This is to prevent us from returning to gambling, especially if we already have a gambling schedule so that we will not gamble outside that schedule and can set our budget within limits that we can afford. If someone can appreciate the money he earns from his salary, he will only waste it with a clear plan. And even though he uses his money to gamble, he will only use a little money to gamble because he thinks that he shouldn't disturb his budget for other things, let alone take away the budget he has prepared.

We are always reminded by other people here that always have other activities besides gambling as an alternative so as not to continue gambling and this is indeed a very good way to avoid gambling addiction and this method can give us full control over our own money or more precisely when someone who works hard in a company but he still gambles when he has free time he will gamble with very small amounts because he knows how difficult it is to earn money and he will really appreciate the money he gets from his salary working at the company so gambling is just what he makes as a place of entertainment for good luck if he is lucky he will get a number of small wins which can increase his income and he will not expect too much from it.
The most important thing is that people who value money must always stop and withdraw the funds to buy something more useful when they get a small win.

No risk no gain yes but no profit in taking risk that is not reasonable. As gamblers there is no gain putting your money in a bet that you know will end up in your loss but you insist to try because you believe to take risk. Even if you have lost alot then the honourable thing to do is take a break and not chase what you have lost but it is very few that can keep to that.

There are definitely days that whatever thing you try, it will end up in losses and there are other days that it is very easy to run into profit, so it is better idenfying our lucky days and maximum our profit and then stay away from the days we hardly profit.

I had many many losses at those odds... x1.01 is good for wagering wars, or when we wish to level up a bit faster. But that kind of playing can easily backfire on us, which happened to me more than once with some higher bets as well. But it's the risk we take...

Consistent wins happen mostly with skill-based games, even with them it's hard to win most of the time, but it's possible. Greediness is the problem and why we lose most of the time, those who learn how to beat greediness can make a profit in the long run with nice winning streaks.

If someone think playing dice with 1.01x odds is impossible to lose and the gambler will always make money in slowly, it's completely wrong. There are many people already experienced to lose in 1.01x odds, no one is making money by betting such low odds.

Consistent wins is only happen when you can hack the casino and manipulate the result.

I believe in the saying that no risk, no gain, that even in gambling if you don’t risk betting, you will never win. However, the challenge in gambling is not only how to win, but also knowing when to stop when your losses have already outnumbered your winning profits. Although some gamblers can easily address to that, but for most of us, it’s actually hard to leave gambling especially when we are still in profits, or the other way around, trying to chase our losses in attempt to recover the money that was lost. But at the end of the day, the house always wins and gambling is always luck based so there’s no way that we can actually beat the casino and expect consistent wins.

Ability to set a break in-between both dynamism is what make you a professional gambler, and to a great extent gambling have been heavily been flooded with a lot of miscalculations that have led to wrong moves, some time when there is a winning,  instead of just walking away for that the, the gambler will want ro go further to the point of losing his initial winnings which are becoming losses already because of the inconsistency in the winning directions, although we still have some level of chances to either win or lose while gambling excessively.
But it is most important to be able to set a limit target for yourself as a gambler and being able to follow that target is what makes for a great deal for the gambler at the end of the day, so good luck to anyone who wants to go further even though they have gard a great win already, I won't call it greed but then the outcome will tell what really becomes of those in such categories.

I think from the gambler polarization scheme too if they do not have any other busyness, trivial things like that will easily attract them back to gambling even though it has been several times, or even when there is no more money to be made capital in gambling, when when His friend offered to use his money first, usually he would be taken because he was so weak with his environment.

Usually someone like that more wins, so he will often come then because he thinks that making money from gambling wins is easier than working hard out there, and that is what is very dangerous for someone in gambling both offline and online.

When we just sit at the gambling house and don't play, it can make us tempted to continue playing after we finish gambling, especially if our friend invites us to play again. They will shout at us to go back to the gambling table, and if we can't hold it in, we will go back to gambling again, which is one of the temptations of gambling that can make us return to gambling. This has happened to many people; therefore, if we have really stopped gambling, we should immediately go home and not be in the casino because that can make us gamble again. Gambling can really make us gamble again, and if we win, the winnings will also be taken for gambling.

While keeping ourselves involved in gambling in the long run, we will automatically know the ways to protect our bankroll.

Knowing the basics is good but for newbies to understand everything, they need to feel the pressure once they are involved in gambling for real.

We should at least expect our common sense to do the things for us that don't really need to spoon-feed to us especially when it involves protection, security, and anything related to that in gambling. As we build gambling experience, we should know how to deal with that kind of gambling-related concern in the long run.

You choosing to go back was an error from the onset because when we decide that we want to take a break or actually stop this act, avoiding it's premises and stating a very high principle for yourself is probably the best you can do for yourself but you actually go the local casino with your friends was an idea that was stuck in your head from the moment they actually asked you to join them over at the casino.

Fear and greed can be both present in any gambler, but as long as he knows how to handle them, I don’t think they will create significant risks, except for those newbies who clearly do not understand them well. Losing on the other part will always be part in gambling, as it’s definitely a mixed emotions of profiting and losing. But once you start chasing your previous losses, that’s a sign that you are bound to lose more. If this is happening to you, cut the drama. Don’t gamble at the moment if the emotions is high and uncontrollable. Instead, have a break and just come back to gambling calmly.

True, I experienced this kind of a scenario when my friends and I agreed to visit a local casino.  I told them that I am just there to accompany them and that I am currently at a break since I am in a losing streak,  So they just let me be and never bother me to bet with them.  But as the fun goes on, I am tempted to bet telling myself just one.  Then that one time is followed by another one until I found myself participating in the group fun and gamble all the way.

This means if we decided to stop, it is better to leave the premise or avoid the platform in order to not get tempted and break our intention to lay low from gambling for a while.

Its impossible that you wont really be having those kind of pause and minding about on the situation or condition that you are in on which whether you should really be proceeding on making more bets or would really be just simply stop and call it a day. Each person does have their own level of tolerance and control towards gambling activity which some would really be having those kind of fixed mindset on which on the time that they do win then they do completely stop midway and doesnt tend to break those rules that they do have set earlier but in most cases that we do know on which the most common behavior of a gambler is that they would really be continuing on playing as long they do have the balance on which they could really be able to make use. Bankroll is something that you do really need to make it last longer if you are really that trying to make out most of it specially on leisure or entertaining yourself but if you are minding on how to make it grow then it would really be creating that kind of behavior on which you would really be that desperate.

Gambling is for fun but majority would really be thinking about on how to win and how to make yourself lucky. You wont really be minding about on how to deal up with the risks
which such as been said that as long you do have the funds or the balance that you do have in your gambling account, then most likely you would really be that continuing
to play no matter what.

Yeah staying yet at the gambling house for example when you have decided not to continue gambling but you still sitting down there just to spend some time, you would be tempted to gamble again as you see other gamblers gambling and making their winnings but when you stop and also leave the environment you will never have to face the temptation of continuing again. According to a popular belief that gambling has a spirit and if as a gambler you ain't careful you will lose control of standing firm on your decisions.

It is best if they have succeeded in winning at gambling, they should immediately decide to stop gambling and leave the casino so that there is no temptation for them to continue gambling. Many have returned to gambling, but instead of getting another win, they only experienced loss, and many of them lost all their money, including their winnings. It was so sad for them that they could only think that it was a mistake to have continued gambling even though if they had stopped gambling at that time, they would have been able to withdraw the money and celebrate with their closest people and friends. But everything has happened, and now, they lost all their money at once.