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When I got involved in gambling, I used to have a mentor that was guiding me, on one of those occasions when Luckybit was still in operation I have a balance of about 0.0012 BTC and the withdrawal condition was a minimum of 0.002 BTC so I got stocked in between and I run to my mentor for help and he guided me through the games and I won all till my balance reached 0.0032 BTC and I got greedy and told him I want to continue gambling and not withdraw again, but he made one comment that stick into my brain he said to be careful because gambling can ruin your life.

What is the best gambling advice you ever got from your mentor?

We need mentor to become a Gambler?

Gamble as much as you can afford to lose that is the best ever advice for anyone who wants to gamble.

No mentor for me in the beginning, but if there is one advise I would give, is that quit you we have made substantial profit and not to be greedy (same advise as your mentor). I know it's really hard to quit when you are winning and there are a lot of what if in your mind. What if you continue and didn't quit and still won big? But at the end, it's good that you quit because you don't know, maybe the house edge will caught on you and you keep on playing and chasing a big win and in the end, you eventually lose including your bankroll.

Yes, gambling can ruin your life so I would like to add the oldest and best advice that you should only play with money that you can afford to lose, enjoy the game, and don't ever think that you can recover all your losses, there's always an instance where you will have a winning run but that doesn't mean that you are good in gambling and you have decoded the code like all these compulsive gamblers believed.

Gambling should be for fun, else it can lead to depression after losses, use the amount of money you can afford to lose, if you are receiving $100 monthly, only use $2 to $5 dollars for gambling, which mean you should not use more than 2% to 5% of your monthly income, you can even use less amount, if you are going beyond this amount, it means you are getting addicted and the outcomenmight not be good, most likely the outcome will be a bad one, do not be addicted.

Do not see gambling as a means to earn, it is just a means to have fun, never risk the amount of money that can put you in trouble, if I lost while gambling, I will not be sad because I use small amount of money.

I don't have a mentor honestly, my best mentor is my personal experience, I learned from it and I'm more matured in gambling now. Gambling is really risky because you are betting on chances, but once you understand how to manage the risk, you will certainly enjoy gambling even if you lose.

You in some and you lose some, that is gambling and in reality, most of us lose in the long run, but still, we continue gambling. Why? because we are getting the entertainment and as long as we stay discipline, it will not ruin our life.

A few tips that I can give.

1. Gamble with the money that you can afford to lose

2. Don't get yourself addicted to it

3. Don't chase your losses

And in the end, just have some fun and enjoy whatever games you play, and don't think that you can always win.

My advice is if you most gamble, gamble for fun and not to make money, if you take gambling as a business you can easily get addicted, which can lead to so many problems such as debts and depressions. So gamble what you can afford to lose at every point in time.

I never had a mentor but I do pick up useful gambling advice from people around me and here in the forum. anyway, did you lose the funds that you have or did you follow what was said to you?

I agree with numbers one and three but number two is a little harder to do or even notice. I mean, a lot of addicted gamblers don't even notice that they have become addicted to gambling, and when they do realize it, it is a little too late. I think the better advice is to discipline yourself when gambling or manage your time or money when gambling.

I have not any mentor in this case even I am not a gambler Lol. But what I can say from my experience in this forum , only one sentence is enough for that. The sentence is don't gamble which you can not afford. Or gamble only what you can afford. which was previously said. One more suggestion is don't be greedy. always be realistic during gamble , don't expect always you will win. :)

For me, the best gambling advice is a bit of a conundrum, but it goes like this, "Don't listen when someone tells you to bet, it's most likely a lose. Gamble on your own and never let those who watch you play tell you how to play, it's your money after all." This advice could go other ways, I could save myself from trouble if I'm the one watching, if that person loses because I tell them how to play, they will most likely blame me and that's the worst thing to happen when you're gambling, getting in trouble with someone who lost bet or a gamble.

Best advice when it's about gambling is really not to gamble at all. It's a mode of enjoyment yes, but we all know how that ends up. I'd much rather say to other people to enjoy something else rather than to gamble and enjoy it. Most don't even realize or identify that gambling is not a means to an end when it comes to earning money. If you really want to gamble though, set a monthly budget limit, or heck even a session limit also works. Adjust it based on your daily income, don't take more than 5 - 10% imo. And most importantly, take gambling as a game, not as a means to earn money.

Just try to be responsible, as always, even you will have a hard time dealing with your gambling activity.

Losing, being wrecked, chasing all your losses etc. are common situations you will experience while doing gambling. I'd rather like to see all newbies experience it rather than to have perfect gambling so that they will understand the wrath of doing gambling. That's the time they will decide and realize if they will continue gambling or not.

The bottom line, any pointers and advice are useless if you don't try to become a responsible gambler.

Game and gambling are two similar words, right? When you were a child, why were you playing games? To have fun, right? When you become adult, your personality changes and more other option of entertainment comes up. You can't play the things that you were playing in your childhood right now because it seems childish and people may call you crazy or stupid, etc.

Gambling is a very fun activity, it's very exciting for me. Look at it like the service for which you have to pay some small fee, like a charity donation where everything depends on you, how much you donate... You can gamble and lose very low amount of money and opposite, it totally depends on you.

And another great advice! Don't gamble for profit! You can't become millionaire by gambling, it's easy win and easy lose, don't think that you are exception among 7.9 billion human.

I don't have a mentor to become a gambler if you have I guess there's nothing wrong with that because as early as possible you have a guide but for me, I don't have any mentor or anyone assist me just to play gambling I learn from my own to become a gambler I just analyse how the game works what is the mechanics, how to play, how to win, how to overcome your opponents and trust your luck. Don't make a reckless decision always try to create a plan and stay conscious and limit yourself.

Maybe yes,
A new player has no notion of game strategies.

Even if the main factor is luck, it is important for a new player to learn not to be greedy, know how much to bet when you have a large amount of money or what strategy to take when you are losing a lot of money.

I'm not talking about a cake recipe, but about the knowledge that we all gain from gaming experience and that a new player doesn't have.
This mentor may not help you earn more, but it can help you lose less.

An advice like gambling can ruin your life is too generic. There are advices that are directly going to make you realize earlier before you see yourself into deep like stop when you are winning. This itself already contains it all like self control and discipline.

But one that stuck in my mind also is the advice like DON'T GAMBLE WHEN YOU ARE SAD. Although they are saying gambling is entertainment.  Gambling doesn't solve problems and you are not going to laughing when you lose.

My mentor is myself.
Damn, you can afford to have a mentor when you are gambling? It's not like it's school.  ;D
Control is what you need from the greed that you feel but that's normal for starters.
Experience will hit you and realize the decisions you made in the past with "what if" questions.
I am not a pro in gambling but I just know when to stop now unlike before when I was playing dice and exhausting every drop of a bitcoin that I have.

My mentor was my experience and I've learned that greediness could lead to losses. I was in hype before and I still wanted to earn more after I won a little. I didn't consider the risks of gambling and in the end, I just had bigger losses. From then on, I realized that I should know when to stop and I should be contented with what I have. Gambling isn't about winning all the time.

I am involved in the gambling arena without having, guidance, mentor, teacher, counselor or the like, identity, common sense that allows me to control gambling in times of winning and losing.

So, no real advice for me personally, only myself suggesting, I mean this, when I am involved in gambling I use my senses, My brain is not used, my brain is a means to think that works with reason, so until now I can still control not to be greedy when I win.

I am very ashamed, if I am involved in gambling to have a mentor/teacher, it breaks my heart that gambling must have a teacher, I better run to the mountains to hide.

I do not have a mentor except myself. What your mentor said is right because gambling can ruin your life. Sooner or later, your greed becomes bigger and that can make you want to chase more winning. You already got that experience so you should not continue gambling, especially if you can win a lot of money. It is better to stop gambling and withdraw the money and enjoy it. You have many times to come back to the casino and gamble so you must know when to stop gambling before it is too late.

I don't have a mentor on gambling or doesn't have one, since I'm just a casual gambler.

And what I always do is, "one or two big win/loss is enough, do it next time again". Though "big" is subjective of how many, but I always stop if ever I think the win or loss is enough for that day.

Not everyone has the opportunity of having a mentor in gambling, what I believe is very helpful for newbies to learn how to gamble in a effective way, avoiding some mistakes newbies are very likely to commit without proper guidance at the beginning. I believe the best gambling advices someone can receive are the basic concepts, hints and rules of gambling.

For an example: to understand how the house edge works and how it will influence your bets results on long run, what is a safe budget to use in gambling proportionally to your total income, how to identify good promotions offered by casinos and which ones you should be going for.

There isn't just one best advice. It's a bunch of them that will make you a good gambler rather than a single one.

You should count yourself lucky to have a mentor who guided you through and hopes you learn some skills from him. Gambling is a highly addictive adventure, and because the quest to make more profits from gambling always makes you want to gamble more. But I will advise you to adhere strictly to your mentor’s advice and always gamble with what you can afford.

I think the best mentor is yourself because you are the one who feels and experiences it, and when you realize that your gambling is wrong or excessive, you must correct it before it goes too far or you realize that gambling is not good.

and i personally bet only occasionally and also for fun and when i realized i was gambling excessively i immediately corrected it and i also played with money i could afford to lose.

How does this exactly work because it's definitely going to be a biased way at looking things if I say so myself and it also removes the meaning of mentor because it's supposed to be another person that has more experience than you if I recall. For me, the best advice there is, is that we should never gamble the money that we can't afford to lose, same with investment in a way although much worse.

Never chase your losses.

This has stuck on me ever since, and I have been following it religiously for the last few years and it saved me a lot of money and a lot of stress. Since then, I only play for fun and for the thrill, and not really for the monetary gain/profits that I may have on gambling. That's why all losses that I have on gambling, I can forego freely and without a heavy heart. Plus, those losses are already factored in my expenses, and so losing $80 - $100 a month for entertainment purposes, IMO, is forgivable. I won't chase any losses as it's just a small sum that I can easily regain in a week's time.

As long as I'm in gambling, I don't have a mentor at all about what I'm betting on. Because for me, looking for my own experience is more challenging and finding learning from what I do. The finances for gambling must be according to ability, when you ask someone to help add balance and then your game is destroyed because of following greed.

As a result you lose twice, first your money is lost, second you have to pay to the person you ask for help. Try if you gamble with your money as a whole, then there is only one loss.

Most of the time the one that can make your life a success or ruin it is yourself, people are always looking for external factors to blame when they do something that affects their life negatively and when they are the ones that are guilty of making those mistakes, if someone becomes addicted to gambling then it is their fault and not the fault of the casinos, after all if they did not got addicted to gambling then they would have gotten addicted to something else and still make their lives more difficult in that way, this is why it is important to know yourself and see if you have this kind of tendency, and if you do, then you should always be on your guard about this.

Most of us all gamble don't have a mentor behind us, I gamble only to relieve stress from work on the weekends. There are no mentor rules and things that should interfere with what I play when I gamble.

Gambling is just gambling, learning to gamble doesn't mean your mentor is betting without any interpretation from the other party, when you lose or win we are still happy, because that's what we're looking for.

The next time you just need to use your personal finances not to burden others to cover the lack of gambling, if you can afford to bet $ 10 then bet with minimal money.

I think advice from people who give positive values is good advice, obviously he tells you to use it first so that your funds are safe. After that, you can bet at another time and not give priority to greed.
I know gambling controls the tone as freely as possible, but don't forget that you should pay attention to what your mentor says, that gambling doesn't always give you an advantage, and if you are given the opportunity to do so. win, then ideally you should follow what he suggests at the time. that.

Lol! You have a mentor for gambling?? It sounds like a master gambler teaching aspiring gamblers to be successful. Does ye charge anything for mentoring?

Gambling can indeed ruin your life if you don't learn when to stop and how to control your greed! But if you can control these two things, not just gambling, nothing can make you addicted in your entire life. I hope your mentor taught you these two things at the very beginning. Otherwise, it's quite easy for greed to take control of your mind and eventually ruin your life!

Don't go for chasing the loss. It will make the scenario worst. Beside, don’t take gambling as a source of making money. Keep it in the limit of fun only. You know if every gamblers were to win, there would be no house to offer gambling. They are making money as well.

People argue that, if you lose today then you can try again tomorrow. If you lose again tomorrow then come back the day after tomorrow and so on. That is, there is no guarantee of winning the bet even if we chase it and spend all the money we have in just one day. This is one of the bad behaviors in gambling that is very likely to cause problems for gamblers. In the last week I lost 4 days in a row including today, maybe tomorrow I will come back again to try my luck again. There is nothing wrong with trying but staying within reasonable limits in an effort to get pleasure.

Perhaps the best advice I have heard about gambling is that you need to learn to leave the game at will, not when all the money ran out and not in any way do not try to win back your losses as it leads to even greater losses.

I try to keep this advice if I increase my deposit by 30-50%, but unfortunately I do not succeed that often.

My mentor is myself itself, the greed, the bad decisions like chasing your losses or not leaving while winning, the money I've waste on my gambling journey, that's the best mentor I've ever received or gotten. There are too many different instances we can get an advice or a lesson, this doesn't necessarily means a person on all occasions.

You can be your own mentor, that is not bad, but what the mentor of this person who wrote the OP said is not wrong at all, he know that ipanks is not experienced enough or has just gotten into gambling, he know telling him such advice will help. Though we all have different approaches to different situation in life, what his mentor told him led him here which is the right place to get the best advice. What I just like is that he will have quality information from us, like me I have suggested him to use the amount so little in a way he can lose and never think about and that spending more than such amount is indicating that he could get addicted.

I never had the privilege of having a gambling mentor as I learn to gamble on my own, but the fact gambling is a risky activity and if you are greedy, you can easily be addicted and can’t leave gambling. those who see gambling to make quick money will always get into trouble with gambling since they can go extra lent just to gamble.

No gambler can maintain the consistency of their winnings for every gambling session they play even if they have expertise. Likewise with defeat, no one loses without winning even in gambling unless they are really very unlucky people to gamble. About of advice, we have listened to too many user advice and that is self-control and money. Limit desires, limit finances, and stop after the target is achieved or not. It's not necessary to have a mentor, but perhaps someone else's experience can help us understand a few things about luck based gambling.

But someone is going to start gambling with the intention of starting their career with it? Mentor is for people who is spending millions of dollars to gamble since they earn in billions so they can get a piece of advice and just ignore it as shit for sure.

One of the best pieces of advice you'll find when gambling is knowing where you can beat the house (or other players) and knowing where the house will slowly take your money. You can play games of the second type but if you get a big win and you're up, that is probably the best time to leave. The longer you play, the more likely you are to start losing concentration and that is where the mistakes will start to creep in. Depending on whether you are gambling for fun, or trying to play a skill based game like poker - you'll probably want to keep a head clear of drink or drugs. There is a reason that many casinos give away free alcohol and it is because it lowers your decision making skills!

Mentors arent really needed in the world of gambling yet you can make your own decisions on your own since those are needing some personal will and awareness.
You can decide on your own because addiction is something that would really be a big problem and this is starts when you do get greedy when you do gamble
or lets say you are constantly making some losses and wont able to stop midway. Seeking for some advice? It isnt bad as long you do apply it because there are people who do really give out
some nice words which would really be helpful but if you consider yourself to be that addicted then you would just simply ignore it again.

before answering your question I must say that I don't have a mentor, in fact I wonder why many gamblers who claim to be successful gamblers keep mentoring, I got the impression that the main source of income for these people to do mentoring is precisely the courses and mentorships they take that make them money. how much did you pay to have a mentor?


I prefer to do research and learn by practicing, I think it's the best thing, there's a lot that I've noticed that these mentors are failing, at least that was the opinion I had when watching videos on youtube of mentors

but again in any phase of life mentoring is very important as it serves you time and energy you can easily avoid making mistake if you have a mentor and as long as you can gain knowledge through a mentor you can still do your own research because a mentor does not know everything so you need to learn from other sources.

I don’t have mentor in gambling and you’re so lucky to have that guy that can prevent your from losing money and hopefully you follow all his advices maybe he’s good in gambling and knows the risk of it. Personally, I just want to enjoy gambling as much as possible and don’t be greedy, I understand the risk of it and hopefully not to happen to me, to be broke because of gambling.

Personally I'm not too sure this will affect or not because gambling is not only relying on theory but also intuition and our hockey also plays a very important role here, and even if we have a mentor it doesn't mean anything when we jump into gambling like being in a game. in slot games or games that only use individuals as a focus.
maybe it will have little effect for those who like in games like cards etc. because it can indirectly remind and provide ways or tricks in the card game but in games such as slot games and those that rely on high-level hockey it doesn't really play an important role because again intuition and hockey are important and when they are on the path We are the ones who decide our destiny and no one else.
other than that in gambling, everyone can't be predicted, it could be the people we trust are the ones who brought us down and we can drop the people who already believe in us.
in gambling everything is possible and there are no written rules to forbid anything and I prefer to be individual without making someone either a student or a mentor.

Well, My opinion is you are lucky to have a mentor that really cares in saying to be careful with gambling and that is like really caring for you and he really knows what he is doing for you to take his advice, But I don't really have a mentor with gambling I just have friends that surely give advise but not really mentor in every gambling I did, the gambling that I did was all in the sports bets only and getting into this kind of gambling will just require knowledge on both teams or player that you surely like to bet on,

And if I would give advice to you regarding gambling is gamble responsibly, Responsibly because in some way many are gambling without thinking first or without care for others or themselves, one should surely understand that it is pretty important to invest in your self than losing it all to gambling.

I don't know why, but your story sounds very funny (and gave me a little cringe). Who has a gambling mentor? And you really went to your mentor and he helped you reach minimum withdrawal? Lol. You mentor says gambling can ruin your life, yet he teaches people how to gamble.....

Anyway, the best advice I can give you is, don't gamble for the profit. Gamble for fun. Think of gambling as a form of paid entertainment. Whatever profit you make, think of it as an optional reward.

He might already consider it as a mentor because he was able to reach out that withdrawal minimum and makes him believe that person is really good at gambling and i cant really blame off
those kind of reactions because people do normally praises up on someone who had helped them but good thing is that someone did really make out some good piece of advice which do really proves
out that they are really aware on how this gambling world do works in terms of being lucky and in terms of the risk involved. Good thing that OP did really listen up
before he do bust up his entire balance on planning to continue to play.

The best advice I could give to someone who wants to start gambling is probably to never start gambling to win. It's definitely the worst approach that in the long run leads to the financial ruin of any novice gambler.
A few simple rules, to summarize what others have said are as follows:
1 - Set limits and monitor your money.
2 - Know when is the right time to stop playing.
3 - Safeguard your budget.
Gambling offers players the chance to pocket a lot of money, but it can also lead to significant monetary losses (which we all had).
The best gamblers I know are constantly vigilant and always evaluate the balance between losses and gains.

That's what I thought  ;D

I think I can understand some of what he's trying to say, He's saying it's better if there's someone to warn you about the gambling if it's taken into serious consideration of gambling outside of the fun zone.
When gambling becomes a source of making money then there's the problem, That's the trap where many fall into.

We do have our own self will which we can really think off the same thing on where those so-called mentors been saying and it is really just needing some sort of common sense for you to do so.

Just like on what others been saying that we dont really need any mentors or some sort of people but its good that he had able to approach that man or else he would might have wipe his entire balance

as he do tend to play more.I dont believe into those gurus or mentors because it would just be needing common sense for you to make such action.

Lucky for you to have a gambling mentor that will guide and help you straighten your gambling journey when most of us here learned through the hard way. Don't misconstrue it however as me being salty about it since it's actually important to have someone looking after you when you're gambling since there are times where not even yourself can differentiate between logical and illogical decisions, especially when a lot of money is at stake. Then again the best lesson I have learned during my gambling journey was that nothing beats self-control. It doesn't matter if you win always, if you don't know how to manage your victories you'll still end up drying them out one day. Makes sense. Gambling should be enjoyed and not something you do to earn money full-time. People oftentimes make this grave mistake causing them to lose more money than what they have started with, eventually causing them to be in debt and sometimes face criminal charges.

Don't see anything special with this piece of advice, imo.

The best advice that I got was just treat gambling like a form of entertainment, nothing less and nothing more.

Don't see it as a profit making venture as you are not going to make long term profits, period. Mathematically you will always lose in the long run. Once you adjust your mindset to this you will never be subject to the FOMO and loss chasing that others are haunted by.

Well, perhaps the best advice is about your financial status and how much you can afford to gamble. Because in gambling it really ruins your life if you cant able to manage your fund very carefully and that is right there is no need to be greedy and just aim target daily and aim fund that you supposedly to expend in just on that day. However, gambling does not need a mentor to discipline yourself, it starts with you how to manage yourself because in gambling, this is not a source of income, this is just pure entertainment.

This is exactly working enough when you have a mentor in gambling. So, you can still control yourself with his help.
Many people even don't care about this, only playing gambling as they like, and yeah, running their life, being addicted, and also greedy enough in gambling.
But, I personally also don't have that kind of mentor. However, many members here told their experiences and advice about gambling likely "don't gamble if you cannot control yourself". Yeah, self-control is really important in gambling.

Most people may not have the intention of having any mentor. But surely, this is also working enough if having a mentor.
Of course, those who are gambling much money commonly need mentors for gambling.
However, it doesn't mean that mentor is only for those people. Whoever the gamblers, however the amount, if they have mentors, it maybe better enough, moreover the new gamblers.