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Economy => Gambling discussion => Topic started by: Mbah_Google on January 25, 2022, 03:45:40 AM



Title: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: Mbah_Google on January 25, 2022, 03:45:40 AM
As we know that Gambling offers players the chance to pocket a lot of money, but it can also lead to significant monetary losses (which we all had). Even though I'm new to this forum, but I want to share a little experience related to gambling on various online sites. While you may hear it often, here's a snippet:
1. Know when is the right time to stop playing.
2. Set limits and monitor your money.
3. Safeguard your budget.
The best gamblers I know are constantly vigilant and always evaluate the balance between losses and gains.
And 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.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: YOSHIE on January 25, 2022, 04:31:46 AM
And The best advice I could give to someone who wants to start gambling is probably to never start gambling to win.
So, gamble if not to win, why do people gamble, I don't accept that advice, I gamble to win, if not to win I won't gamble.

• How does one know when to stop gambling, do you have a way to see the stop time when placing a bet.
• How to limit or monitor the money you want to bet on gambling, do you have that method.
• And one more thing, tell us how to keep a budget on gambling, so we can keep it.

Thank you, if you are willing to answer my question, if it is not answered, it's not a serious problem.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: YinShuiSiYuan on January 25, 2022, 05:02:15 AM
And The best advice I could give to someone who wants to start gambling is probably to never start gambling to win.
So, gamble if not to win, why do people gamble, I don't accept that advice, I gamble to win, if not to win I won't gamble.

I think the idea was not to start gamble with the belief that we would definitely win. I also think that it is better to prepare an appropriate amount of money for gamble in advance and prepare for the fact that we will rather lose this amount. Then when we play, our emotions have less influence on our decisions. If we are lucky and win then the joy is greater.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: Maus0728 on January 25, 2022, 05:14:59 AM
@YOSHIE

I think what he is saying is that, winning should not be the utmost priority when gambling. If you'll notice, there is a word "never" that opposes the idea that winning/ making money in gambling is the main premise. Perhaps there is a misunderstanding here :D

And also, I think your questions has something to do with risk management and psychological part of gambling that plays a crucial part whether or not they are answered. Because you see, that these basic areas are the ones that most people neglect not only in gambling but in trading as well.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: traderethereum on January 25, 2022, 05:16:22 AM
All is good but I guess you should add some more to know where you should gamble so you do not pick the wrong gambling site to deposit and always control your emotion.
By searching on this forum, I am sure you will find many recommended gambling sites that will be your favorite sites later because they give their best services to their members.
You can advise like that, but we do not know if they will follow your suggestion or still be curious to play gambling.
We can let them decide what they want to do.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: noorman0 on January 25, 2022, 05:35:20 AM
So, gamble if not to win, why do people gamble, I don't accept that advice, I gamble to win, if not to win I won't gamble.

Gambling is determined by luck and there are many people with poor emotional control (like me). Op's advice is of course good and is actually a principle that I hold in gambling. As such, I'm not too dedicated to winning bets. It's not that I don't want to win, but I'm more worried about myself when I lose more while winning is my goal.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: acroman08 on January 25, 2022, 05:59:22 AM
And 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.
I think having this kind of mindset is really not that bad(though it still has its dangers). what I think is bad, is gambling way over your budget. it won't matter whether you are playing for entertainment or not. gambling money you can't afford to lose could put you in financial instability.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: Tellek Garing on January 25, 2022, 06:10:10 AM
And The best advice I could give to someone who wants to start gambling is probably to never start gambling to win.
So, gamble if not to win, why do people gamble, I don't accept that advice, I gamble to win, if not to win I won't gamble.

• How does one know when to stop gambling, do you have a way to see the stop time when placing a bet.
• How to limit or monitor the money you want to bet on gambling, do you have that method.
• And one more thing, tell us how to keep a budget on gambling, so we can keep it.

Thank you, if you are willing to answer my question, if it is not answered, it's not a serious problem.
I think what the user means is not to put winning as the priority when going into gambling just like we all say gamble for fun to avoid getting addicted in the quest to make more money if winning become the priority, but I think there is a moss up in the ops title and the message itself.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: cabron on January 25, 2022, 06:14:00 AM
And 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.
I think having this kind of mindset is really not that bad(though it still has its dangers). what I think is bad, is gambling way over your budget. it won't matter whether you are playing for entertainment or not. gambling money you can't afford to lose could put you in financial instability.

Expecting to lose won't upset you at the end of the day. That's like giving the money so why not just donate instead to help some BTC donation address for the homeless for pizza.  

I certainly prefer to bet first and win before donating though. Whether the money is what we consider we can afford to lose or not, winning is a lot entertaining. Winning is essentially the reason why gamblers are playing, to grow their money, and if they lose try again another day.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: og kush420 on January 25, 2022, 06:29:27 AM
As we know that Gambling offers players the chance to pocket a lot of money, but it can also lead to significant monetary losses (which we all had). Even though I'm new to this forum, but I want to share a little experience related to gambling on various online sites. While you may hear it often, here's a snippet:
1. Know when is the right time to stop playing.
2. Set limits and monitor your money.
3. Safeguard your budget.
The best gamblers I know are constantly vigilant and always evaluate the balance between losses and gains.
And 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.


I would like to add one more very important point to your list, which is to check casino credibility before making a deposit. New gamblers are usually convinced by large bonuses, and they do not check at all whether the casino will be able to pay them out.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: Rockstarguy on January 25, 2022, 06:38:31 AM

1. Know when is the right time to stop playing.
2. Set limits and monitor your money.
3. Safeguard your budget.
The best gamblers I know are constantly vigilant and always evaluate the balance between losses and gains.
And 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.

When could be the right time? Do you mean when one is not with much fund in the pocket the person should give a break?
The aim of every gambler is to win . The main thing for a beginner to learn before playing gamble is to learn the techniques of gambling.
And a beginner should not have the mindset of winning without  having any knowledge in gambling.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: rhomelmabini on January 25, 2022, 06:49:13 AM
And 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.
But we can't deny the fact that almost all who dives into the world of gambling was into the money they can get if they win something. I think a few only think of the leisure and the fun and most of those who might get into the fun are those whales or rich or those who considers it literally as it is. Other percentage may just getting into gambling because of the bonuses and promotions.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: Wexnident on January 25, 2022, 07:12:03 AM
It's nothing new really, most gamblers KNOW that kind of stuff, even those new to the experience. It's just that, the mind can't really follow what you want to say, that's the problem mostly when it comes to gambling. The addictive feeling can come in really strong for most people, hence why they fall into addiction and can't really stop, basically falling into the bad part of users that are addicts. Most people should honestly enter gambling as a "game" instead of, well, anything else. Expecting anything to come out of it is honestly just hurting yourself imo.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: iv4n on January 25, 2022, 07:13:29 AM
The best gamblers I know are constantly vigilant and always evaluate the balance between losses and gains.

Even the best gamblers lose here and there, it's gambling! So we all lose, but we don't handle it in the same way, and for sure we don't have the same reaction... it what makes a difference! I guess there are moments when we can stop and think about the current situation (bankroll, profit/loss ratio...), but also there are moments when we forget about everything and we play aggressively... when we know that we will either make some profit or we will get busted! And why not? It's gambling, sometimes it's nice when we are trying to push the limits, it brings real excitement, what gambling should do!


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: Doell on January 25, 2022, 09:09:46 AM
And 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.
it's real yes every time I start gambling to win but it only leads to prolonged destruction ,often lose indeed ! well I've been gambling for 4-5 years just a fad but it's been a year I fell deeper but also I'm not rich ,I don't know why its or maybe my luck isn't good or also I'm not talented at gambling ! my knowledge gambling is luck it's just that I don't know when and where I can get lucky unsolvable mystery in gambling


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: dustboy on January 25, 2022, 10:42:25 AM
The best advice I could give to someone who wants to start gambling is probably to never start gambling to win.

It does not make senses if people start gambling not to win. To win is the reason why people do gambling in this world, no one start gambling to lose. It is better if the advice is do not start gamble if you are not ready to lose your money.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: batang_bitcoin on January 25, 2022, 11:01:20 AM
As we know that Gambling offers players the chance to pocket a lot of money, but it can also lead to significant monetary losses (which we all had). Even though I'm new to this forum, but I want to share a little experience related to gambling on various online sites. While you may hear it often, here's a snippet:
1. Know when is the right time to stop playing.
2. Set limits and monitor your money.
3. Safeguard your budget.
The best gamblers I know are constantly vigilant and always evaluate the balance between losses and gains.
And 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.
They won't be called best gamblers if a simple control to themselves can't do. But they're called for that with a reason and they've been through a lot of experiences in gambling. I'm sure that they have their toughest days and moments in gambling and they also became worst for themselves that they cannot stop themselves. They've dealt with those problems but the thing with them, they've managed to overcome and win not just with the games but also with the struggles in gambling.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: Jackl87 on January 25, 2022, 11:02:55 AM
As we know that Gambling offers players the chance to pocket a lot of money, but it can also lead to significant monetary losses (which we all had). Even though I'm new to this forum, but I want to share a little experience related to gambling on various online sites. While you may hear it often, here's a snippet:
1. Know when is the right time to stop playing.
2. Set limits and monitor your money.
3. Safeguard your budget.


All the points that you have listed totally make sense and should really be followed by everyone that is gambling already or plans to start gambling in the future. All of the points that you have listed though are very well known in the scene already and i would guess that 99% of the gamblers are aware of them. Still it is very hard for some people to really stick to this advice and there are several reasons for this. Some are maybe very prone to develop a gambling addiction pretty quickly while others just don't have the mental strength to really stop when their budget is gone.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: Baofeng on January 25, 2022, 11:08:03 AM
As we know that Gambling offers players the chance to pocket a lot of money, but it can also lead to significant monetary losses (which we all had). Even though I'm new to this forum, but I want to share a little experience related to gambling on various online sites. While you may hear it often, here's a snippet:
1. Know when is the right time to stop playing.
2. Set limits and monitor your money.
3. Safeguard your budget.


All the points that you have listed totally make sense and should really be followed by everyone that is gambling already or plans to start gambling in the future. All of the points that you have listed though are very well known in the scene already and i would guess that 99% of the gamblers are aware of them. Still it is very hard for some people to really stick to this advice and there are several reasons for this. Some are maybe very prone to develop a gambling addiction pretty quickly while others just don't have the mental strength to really stop when their budget is gone.

Yeah, it's a good advise, but it's really hard to follow some of the advise to the tee. I mean if you started to lose, it's really hard to control your emotions because your judgement is already clouded.

So I guess the best thing to do is to not really involved yourself in gambling in the first place.

Because once you are in, it's hard to get out and as much as you wanted to control everything, it will be very difficult and it might result to you being addicted, in my opinion.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: bering on January 25, 2022, 12:07:15 PM
From OP statements i personally have simple thought that self control while gambling and it necessary to optimize the meaning of gambling because the true purposse from gambling basically for fun and entertainment because if people thought starting gambling to earn money then they are totally wrong and if this happend people can never accept their losses which lead them to unexpected things


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: madnessteat on January 25, 2022, 12:17:17 PM
^

You are absolutely right. Out of millions of people gambling, only a few take the jackpot because the probability of such an event is negligible. I believe that if a gambler comes to a casino just to try his luck and take the jackpot, he is sure to leave the casino with empty pockets. In my opinion, if a person does not enjoy gambling, he should not spend his time and money on it at all.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: SirLancelot on January 25, 2022, 01:30:50 PM
1. Know when is the right time to stop playing.
2. Set limits and monitor your money.
3. Safeguard your budget.
The best gamblers I know are constantly vigilant and always evaluate the balance between losses and gains.
And 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.
1. Right time stop is after you won sufficient amount of money, you better withdraw now or you will be tempted to bet again and you wont notice that all of your winnings, along with your starting balance are now gone. This does not only apply to winning but it is also the right time to stop gambling once it affects your life badly, not only financially but mentally and emotionally.

2. Who does not set a limit and monitor his balance when he play gambling? Even outside gambling, let's make it a habit to monitor out money.

3. This is same with number 2. Thanks for this tips, they are not new but its serve as a reminder for the gamblers that starting to forget it.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: Cling18 on January 25, 2022, 01:44:31 PM
Knowing when to stop and when to continue when it comes to gambling is necessary. We should know how to put limits so we'll be able to handle our funds right. Allocating enough funds for gambling would be the safest thing to do so we could put control on too much spending. Self-control and self-discipline should always be a part of our gambling journey.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: Jawhead999 on January 25, 2022, 01:45:35 PM
That's a common advice before start to gambling and I think people already know it, the problem is they're not discipline, consistent, and self controlling himself about those rules. The emotion and adrenaline often ruined their self control which make addiction. Many people doesn't aware when he's already addicted on gambling and they're not seeking professional help.

Safeguarding budget is useless, it seems to me if you want to protect all of your money you'd better not to gamble since it will make you loss.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: $crypto$ on January 25, 2022, 01:54:16 PM
From that suggestion, I already knew it from people who said this in the past, so it became a common suggestion if it was as simple as this.

If you want to stop playing, you have to retire from gambling, but if you are disciplined in time, it will be determined by yourself.
I know about the limits so I always deposit enough to bet.
I am aware of this so that the budget is not overstated due to uncontrolled emotions.

I, basically gambling wants to win and have fun but if I lose I know it's all bad luck, but I always try to win bets.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: bitbollo on January 25, 2022, 02:03:42 PM
As we know that Gambling offers players the chance to pocket a lot of money, but it can also lead to significant monetary losses (which we all had). Even though I'm new to this forum, but I want to share a little experience related to gambling on various online sites. While you may hear it often, here's a snippet:
1. Know when is the right time to stop playing.
2. Set limits and monitor your money.
3. Safeguard your budget.
The best gamblers I know are constantly vigilant and always evaluate the balance between losses and gains.
And 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.


Gambling lead also to toxic addiction in some cases and not only pocketing money. There are many rules to follow before you can win. You have to find a game where you have some ability. If you are not enough experienced you have to play just for pleasure of play/sake of victory and not trying to get rich or earning free bucks.
House has always a great advantage in any game you will play... You must be aware about that stuffs.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: Vaskiy on January 25, 2022, 05:07:02 PM
As we know that Gambling offers players the chance to pocket a lot of money, but it can also lead to significant monetary losses (which we all had). Even though I'm new to this forum, but I want to share a little experience related to gambling on various online sites. While you may hear it often, here's a snippet:
1. Know when is the right time to stop playing.
2. Set limits and monitor your money.
3. Safeguard your budget.
The best gamblers I know are constantly vigilant and always evaluate the balance between losses and gains.
And 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.


Gambling lead also to toxic addiction in some cases and not only pocketing money. There are many rules to follow before you can win. You have to find a game where you have some ability. If you are not enough experienced you have to play just for pleasure of play/sake of victory and not trying to get rich or earning free bucks.
House has always a great advantage in any game you will play... You must be aware about that stuffs.
When one is new to gambling people won't be knowing all these stuffs. There'll be blank understanding that gambling could bring big money. Only after experiencing big losses, gamblers will get to know about the real outcome of gambling. As mentioned it is more into addiction, because when we play without knowing anything we'll win good. When we try to keep the win continue, we'll loss. From then we'll try to recover what we've lost and leave gambling. Here we won't succeed.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: fiulpro on January 25, 2022, 05:47:53 PM
Other than that you have to also understand the fact that some Altcoins are less expensive to send and therefore you also have a lot of options there, you don't have to just use Bitcoins you can use other things as well and at the end of the day you have to understand the fact that you should never keep your winnings on the site since the price changes very quickly as well. There are many sites which have a lot of options and people can generally get a lot of money by playing on certain ones if they are a VIP customer. It's all about investing in a particular one. At the same time you should always keep the customer service as your prime thing in choosing one.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: hyudien on January 25, 2022, 06:11:05 PM
1. Know when is the right time to stop playing.
That can't be done, in fact, you will lose track of time when you start gambling. Why? because gambling is based on the desire to win, as long as there is a balance and he hasn't gotten the Jackpot then he will continue to play until it's all gone.

2. Set limits and monitor your money.
Gambling is not a trade that easily sets a budget and limits a loss. Going back to the main rule gambling is hard to control when you are at the peak of your emotions and mentality which are very susceptible to being carried away by the flow of casino games.

3. Safeguard your budget.
The best gamblers I know are constantly vigilant and always evaluate the balance between losses and gains.
And 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.
The ideal is that visiting gambling is not to satisfy desires, but to entertain yourself from the fatigue of the mind and play as if losing and winning were agreed terms. Then back again to the casino where there is nothing out there to entertain you but play. Once again gambling is a means of playing / entertainment where you just have fun, not even out of control.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: bitzizzix on January 25, 2022, 07:00:05 PM
If your goal is to bet to pocket a lot of money. That's not true, without realizing it, gambling will continue to take money in the pocket until it runs out and even loses everything.
and what the OP mentioned is what gamblers usually do which is not very effective, and the most important thing is to prepare yourself to be able to control yourself and emotions while playing which in my opinion is the main thing.
so gambling that must be prepared is not only capital, discipline, budgeting and so on. but mental, self-control, not ambitious and able to restrain emotions are the most important and must be ready when gambling.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: AmoreJaz on January 25, 2022, 07:06:54 PM
That's a common advice before start to gambling and I think people already know it, the problem is they're not discipline, consistent, and self controlling himself about those rules. The emotion and adrenaline often ruined their self control which make addiction. Many people doesn't aware when he's already addicted on gambling and they're not seeking professional help.

Safeguarding budget is useless, it seems to me if you want to protect all of your money you'd better not to gamble since it will make you loss.

for those that are not yet addicted to gambling, they mostly know when to stop and control their gambling activities. but if a person is already addicted to it, that's when he will find a lot of troubles in life esp if the person doesn't have the resources to supply his gambling addiction.
even without this forum, a gambler should know his responsibilities as a player. no one will look after him but himself.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: dunfida on January 25, 2022, 07:30:31 PM
As we know that Gambling offers players the chance to pocket a lot of money, but it can also lead to significant monetary losses (which we all had). Even though I'm new to this forum, but I want to share a little experience related to gambling on various online sites. While you may hear it often, here's a snippet:
1. Know when is the right time to stop playing.
2. Set limits and monitor your money.
3. Safeguard your budget.
The best gamblers I know are constantly vigilant and always evaluate the balance between losses and gains.
And 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.

Considering about on how many similar threads to this one then it is really just the basics yet if you do really treat up gambling on that way then you would be easily fucked up.
Dont play for money but rather focus out on entertainment because if you do really let yourself fall into addiction due to greed then you would really be finding some problems
later on.

Be wary on your actions because it wasnt intended to make you rich but rather this serves as purpose for entertainment or enjoyment and not a source of income.
Once you do have this mindset then you wouldnt really be putting yourself in harm.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: Fortify on January 25, 2022, 07:58:26 PM
As we know that Gambling offers players the chance to pocket a lot of money, but it can also lead to significant monetary losses (which we all had). Even though I'm new to this forum, but I want to share a little experience related to gambling on various online sites. While you may hear it often, here's a snippet:
1. Know when is the right time to stop playing.
2. Set limits and monitor your money.
3. Safeguard your budget.
The best gamblers I know are constantly vigilant and always evaluate the balance between losses and gains.
And 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.


The only responsible gambler is one who knows that the odds are against them in most casino games and in the long run they will lose all their money. They may have a small amount budgeted for fun money, but even that could probably be put to better uses if they want a more comfy retirement later in life. A gambler is naturally thinking about the short term, the possibilities of getting super rich without having to do much work, but you have more chance of being struck by lightening that being able to pull that off. If you want to learn a useful skill, go for a game where you can define whether you are intelligent enough to beat other players - like poker or chess, which could turn into a productive income over time.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: dbc23 on January 25, 2022, 08:31:59 PM
As we know that Gambling offers players the chance to pocket a lot of money, but it can also lead to significant monetary losses (which we all had). Even though I'm new to this forum, but I want to share a little experience related to gambling on various online sites. While you may hear it often, here's a snippet:
1. Know when is the right time to stop playing.
2. Set limits and monitor your money.
3. Safeguard your budget.
The best gamblers I know are constantly vigilant and always evaluate the balance between losses and gains.
And 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.

I just wish this rules were as easy as you state them. It's difficult for a jobless person to set limits not to mention knowing when to stop all an idle gambler glamours for is to hit a major jackpot that could change their lives forever some gets lucky with it and others gets motivated from such wins and tries harder to hit theirs and end up been swallowed by it's addiction


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: AhmadM on January 25, 2022, 08:49:14 PM
As we know that Gambling offers players the chance to pocket a lot of money, but it can also lead to significant monetary losses (which we all had). Even though I'm new to this forum, but I want to share a little experience related to gambling on various online sites. While you may hear it often, here's a snippet:
1. Know when is the right time to stop playing.
2. Set limits and monitor your money.
3. Safeguard your budget.
~
Safeguard the budget?  ???
If I'm not misunderstood the thing, I guess it's the same as point number two. After all, the advices above are common knowledge for gamblers however I bet still there some people out there who struggle to apply it into actual action due to its addiction (including me).

And The best advice I could give to someone who wants to start gambling is probably to never start gambling to win. ~
I know the meaning behind your words, but gambling without winning seems boring  :D

Btw, welcome to the forum!


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: rijaljun on January 25, 2022, 09:00:13 PM
The forum here is certainly a good source to get information. What I think is even more important is that you can check the reputations of a casino and share user experiences with each other. A user experience is very important and very valuable. The forum is an excellent place for that.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: robelneo on January 26, 2022, 03:32:42 AM
As we know that Gambling offers players the chance to pocket a lot of money,

Actually, your chance is not good compared if you invest it in the market, have fun when you see a profit and your allocated time is already up stop and enjoy your winning as much as you enjoy playing


Quote
but it can also lead to significant monetary losses (which we all had).
It's the reality you only lose if you did not enjoy playing or you play thinking that you can make money


Quote
The best gamblers I know are constantly vigilant and always evaluate the balance between losses and gains.
And 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.

That's a bit of good advice, if you can implement it, there's a time that you lose control and motivate yourself to win when the opportunity presents it to you you can grab it but always come back to what gambling is all about and that is to enjoy playing.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: btc78 on January 26, 2022, 04:54:21 AM
As we know that Gambling offers players the chance to pocket a lot of money, but it can also lead to significant monetary losses (which we all had). Even though I'm new to this forum, but I want to share a little experience related to gambling on various online sites. While you may hear it often, here's a snippet:
1. Know when is the right time to stop playing.
2. Set limits and monitor your money.
3. Safeguard your budget.
The best gamblers I know are constantly vigilant and always evaluate the balance between losses and gains.
Safe keeping  guard your budget is indeed hard to do because there are instances that you will lose more and win a little so this is the trend in what gambling can bring.
Quote
And 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.

lol not to start wanting to win? so what do you want people to do? look for losses instead? lol that is the most hypocrite advise i ever heard lol.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: jrrsparkles on January 26, 2022, 05:15:36 AM
As we know that Gambling offers players the chance to pocket a lot of money, but it can also lead to significant monetary losses (which we all had). Even though I'm new to this forum, but I want to share a little experience related to gambling on various online sites. While you may hear it often, here's a snippet:
1. Know when is the right time to stop playing.
2. Set limits and monitor your money.
3. Safeguard your budget.
The best gamblers I know are constantly vigilant and always evaluate the balance between losses and gains.
And 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.

Its better to know your limits then setting limits and go with that, keep the limit as affordable as much you can then only even if you loss the money it won't look a huge loss to you.

Don't chase loss, it will end up in more loss that is I learnt from the experience of others.

Just allocate budget and don't think it as an investment.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: magneto on January 26, 2022, 05:43:09 AM
As we know that Gambling offers players the chance to pocket a lot of money, but it can also lead to significant monetary losses (which we all had). Even though I'm new to this forum, but I want to share a little experience related to gambling on various online sites. While you may hear it often, here's a snippet:
1. Know when is the right time to stop playing.
2. Set limits and monitor your money.
3. Safeguard your budget.
The best gamblers I know are constantly vigilant and always evaluate the balance between losses and gains.
And 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.


Great advice.

Keep a balance between gaming and the rest of your life, and don't let the profits get to your head when you do win.

At the end of the day this is a -EV game that definitely wouldn't be able to make money for you in the long run. Even if you are an advantage player, you need to have stringent bankroll management before anything else.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: mm2543363580 on January 26, 2022, 06:01:15 AM
The best gamblers I know are constantly vigilant and always evaluate the balance between losses and gains.

If someone does not control his budget, it means he have lost control of what he do. We always have to determine how much money we can lose in order not to get into trouble. I think it is not just the best gamblers, but everyone should do it, because if we don't do that, we can easily get addicted and get into debt.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: Kakmakr on January 26, 2022, 06:16:43 AM
Welcome to the forum...

If you say you started gambling not to Win, you are lying to yourself. Everyone that ever walked around in a Brick n Mortar casino and talked to people that are gambling, will tell you that they are hunting that one huge Jackpot to cash out.

Why do people enter the Lottery? They want to win that huge amount of money to enable them to fund their dreams or a better life. Some people have enough money and they do this for entertainment, but it is not fun if you are constantly losing.  ::)


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: Strongkored on January 26, 2022, 06:22:46 AM
And The best advice I could give to someone who wants to start gambling is probably to never start gambling to win
I don't know if anyone jumps into gambling aimlessly to get a win, I think it's like an athlete who doesn't want a win meaning it's very imposibble to happens. The problem of the gambler is the inability to control himself and greed, when winning will continue to play because he thinks it's his lucky day but ends up losing all also when experiencing losses continue to play because thinking to recover the amount of losses. Gambling will not be a problem if you know the risks and are consistent with self-made rules.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: Cryptock on January 26, 2022, 06:25:38 AM
If you say you started gambling not to Win, you are lying to yourself. Everyone that ever walked around in a Brick n Mortar casino and talked to people that are gambling, will tell you that they are hunting that one huge Jackpot to cash out.

Why do people enter the Lottery? They want to win that huge amount of money to enable them to fund their dreams or a better life. Some people have enough money and they do this for entertainment, but it is not fun if you are constantly losing.  ::)

@Mbah_Google didn't mean going to the casino with the idea of losing. I think the idea is to avoid disappointment that we didn't win. Because, unfortunately, the truth is that few people leave the casino with a positive balance. Most of us will most likely leave money at the casino's cash desk.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: Poker Player on January 26, 2022, 06:52:56 AM
As we know that Gambling offers players the chance to pocket a lot of money, but it can also lead to significant monetary losses (which we all had). Even though I'm new to this forum, but I want to share a little experience related to gambling on various online sites. While you may hear it often, here's a snippet:
1. Know when is the right time to stop playing.
2. Set limits and monitor your money.
3. Safeguard your budget.
The best gamblers I know are constantly vigilant and always evaluate the balance between losses and gains.
And 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.

I have better advice: understand the math behind gambling, especially the concept of expected value or mathematical expectation. Also from House Edge. Then you will realize that gambling is a sure way to lose money in the long run. You can play for entertainment and maybe in the short term you will win something, but always do it with money you don't need.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: molsewid on January 26, 2022, 01:03:55 PM
I don't know if anyone jumps into gambling aimlessly to get a win, I think it's like an athlete who doesn't want a win meaning it's very imposibble to happens. The problem of the gambler is the inability to control himself and greed, when winning will continue to play because he thinks it's his lucky day but ends up losing all also when experiencing losses continue to play because thinking to recover the amount of losses. Gambling will not be a problem if you know the risks and are consistent with self-made rules.

One of the main motives of gambler why they gambling is the winning prizes and that's odd if gambler start gambling without this motive or maybe some are just there for fun and entertaining themselves but the winning prizes are quite attractive right to give you the energy to be competitive to get it. Tmat the end of the day being a gambler must always have come with a self responsibilit to have a limitation and control. Monetary losses is inevitable in gambling but the metrics of how much do you want or afford to lose depends on the gambler.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: Xinarae* on January 26, 2022, 01:04:32 PM
The right advice for gambling is to have enough capital and choose the right time there are the right times so you can earn more and go for a jackpot. The key to success is finding that window and earning more rewards than every game you play choose different times of the day or night and look for the winning percentage to get on your way. You need to be careful and vigilant about spending all your money never be too greedy and never lose all the wins in one day.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: rhomelmabini on January 26, 2022, 01:27:10 PM
The right advice for gambling is to have enough capital and choose the right time there are the right times so you can earn more and go for a jackpot. The key to success is finding that window and earning more rewards than every game you play choose different times of the day or night and look for the winning percentage to get on your way. You need to be careful and vigilant about spending all your money never be too greedy and never lose all the wins in one day.
Sometimes it's not especially if you're a greedy one, even if you have the huge capital at hand that wouldn't be enough to get you earn more or hit a jackpot. It feels like it's more on the luck side of the player to get a jackpot. Greediness on whether you are on the losing or winning side is the root to being broke in gambling, never gets old.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: hahay on January 26, 2022, 01:40:58 PM
I just remembered, in the past I did not have any knowledge of self-control in gambling. In the past I just kept on gambling and kept on gambling again and again without considering the risks, after I read a lot of posts here it really gave me input and learning. Now, I have become able to control myself and know when to stop and continue in gambling and it is basically something that varies from person to person. So yes, the point is that I am greatly helped by the existence of this forum which has many discussions which are of course very useful.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: michellee on January 26, 2022, 04:41:34 PM
As we know that Gambling offers players the chance to pocket a lot of money, but it can also lead to significant monetary losses (which we all had). Even though I'm new to this forum, but I want to share a little experience related to gambling on various online sites. While you may hear it often, here's a snippet:
1. Know when is the right time to stop playing.
2. Set limits and monitor your money.
3. Safeguard your budget.
The best gamblers I know are constantly vigilant and always evaluate the balance between losses and gains.
And 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.

Having control is the number 1 for me. You must have good control if you play gambling because when you win, you can easily tempt to continue and try to win more. Maybe we do not intend to win, but after we win, we feel something different, which could make us stay for more. Many gamblers break their own rules because of their winning and can not control their emotions so it is better to take a break after you win to reduce your tension.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: naira on January 26, 2022, 05:31:16 PM
The right advice for gambling is to have enough capital and choose the right time there are the right times so you can earn more and go for a jackpot. The key to success is finding that window and earning more rewards than every game you play choose different times of the day or night and look for the winning percentage to get on your way. You need to be careful and vigilant about spending all your money never be too greedy and never lose all the wins in one day.
Are tricks or solutions like this really effective for luck-based gambling? because so far no one has ever guessed when the ideal time to enter. Only from lip to lip and as if it would become a widespread belief. Most beginners appear in gambling because they see videos seen on social media, then use gambling as a means of wealth with an overwhelming sense of lust. No self-accustoming, early learning, and pretty unreasonable intentions.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: JohnBitCo on January 26, 2022, 05:45:30 PM
As we know that Gambling offers players the chance to pocket a lot of money, but it can also lead to significant monetary losses (which we all had). Even though I'm new to this forum, but I want to share a little experience related to gambling on various online sites. While you may hear it often, here's a snippet:
1. Know when is the right time to stop playing.
2. Set limits and monitor your money.
3. Safeguard your budget.
The best gamblers I know are constantly vigilant and always evaluate the balance between losses and gains.
And 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.


Well, gambling is risky and almost all experienced gamblers know this. Winning in Gambling requires luck and unfortunately, we do not have control over luck. However, we do have control over our money and if we sensibly use our money in gambling, we can have good results.

Since you have now come to the gambling section of bitcointalk.org, you will have an edge over other gamblers. Here you will find all the pros and cons of different gambling sites and you will better know about gambling.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: Silberman on January 26, 2022, 06:28:51 PM
All is good but I guess you should add some more to know where you should gamble so you do not pick the wrong gambling site to deposit and always control your emotion.
By searching on this forum, I am sure you will find many recommended gambling sites that will be your favorite sites later because they give their best services to their members.
You can advise like that, but we do not know if they will follow your suggestion or still be curious to play gambling.
We can let them decide what they want to do.
Even if this may seem as common sense to someone it is really important to follow this kind of advice, and the reason for it is that just as newbies invest in any coin thinking they are investing in the next bitcoin they also deposit their coins in any casino thinking that all casinos are the same, and this is not the case, now they may get lucky and gamble in one of the many good casinos that we have in the community, but they could also deposit their coins with a bunch of scammers and we know that once they do that there is no way to recover that money.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: swogerino on January 26, 2022, 06:49:36 PM
I think first and foremost is the importance to get to know and realize that there are games of luck and games of skill.At games of luck you are playing a completely truly 100% random game and you are just gambling in the true meaning of the word,you are guaranteed to lose money over the long run by playing these type of games which the most well known are dice and slots.There are also games where skill is much more relevant than luck although luck is also a factor in such games,those are for example texas holdem poker where your knowledge of the game is considered a skill and if you are good at it here you can win in the long run.

Know the differences and then choose where to play would be the first step.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: AhmadM on January 26, 2022, 08:35:31 PM
~ choose different times of the day or night and look for the winning percentage to get on your way. You need to be careful and vigilant about spending all your money never be too greedy and never lose all the wins in one day.
Are tricks or solutions like this really effective for luck-based gambling? because so far no one has ever guessed when the ideal time to enter. Only from lip to lip and as if it would become a widespread belief. ~
There might be some individuals who suit with such kind of tricks, generally it isn't working at all or might be useless. Not to mention in my honest opinion the right or ideal times here are too ambiguous which tends to be a baseless mindset I guess, rather than the right or ideal times I'd like to say that our lucks is the most important thing which determines the winning rates of each session.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: Fesatmas on January 26, 2022, 08:39:33 PM
Having control is the number 1 for me. You must have good control if you play gambling because when you win, you can easily tempt to continue and try to win more. Maybe we do not intend to win, but after we win, we feel something different, which could make us stay for more. Many gamblers break their own rules because of their winning and can not control their emotions so it is better to take a break after you win to reduce your tension.
Well, I totally agree with you, control is the most important thing, and should still make it full control over a gambler. After all, a gambler who only follows greed will only end in defeat. Controlling losses is like limiting gambling to just under $100 per week and as much as possible the gambler should still think gambling is a game of luck. no less no more.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: madnessteat on January 26, 2022, 08:42:35 PM
I think first and foremost is the importance to get to know and realize that there are games of luck and games of skill.At games of luck you are playing a completely truly 100% random game and you are just gambling in the true meaning of the word,you are guaranteed to lose money over the long run by playing these type of games which the most well known are dice and slots.There are also games where skill is much more relevant than luck although luck is also a factor in such games,those are for example texas holdem poker where your knowledge of the game is considered a skill and if you are good at it here you can win in the long run.

Know the differences and then choose where to play would be the first step.

In my opinion, even with hold'em poker, there's a fairly high probability of losing in the long run because the cards are dealt completely randomly and throughout the game you will come across players with a higher level of skill. Of course the probability of losing is lower than when playing slots, but you still need to take these risks into account.  


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: Falconer on January 26, 2022, 09:18:13 PM
One of the main motives of gambler why they gambling is the winning prizes and that's odd if gambler start gambling without this motive or maybe some are just there for fun and entertaining themselves but the winning prizes are quite attractive right to give you the energy to be competitive to get it. Tmat the end of the day being a gambler must always have come with a self responsibilit to have a limitation and control. Monetary losses is inevitable in gambling but the metrics of how much do you want or afford to lose depends on the gambler.
Most of the gambling activity is done to make money, but many people obscure it by saying it is for fun. Why would they want to fool themselves about what from gambling really wants? That's the weird part of the gambler in my opinion.

I am honest that gambling for me is another way to get lucky from winning bets. It doesn't matter a little or a lot because only victory can make us laugh, while defeat is something that upsets us. This is the logic even though it doesn't actually recommend excessive gambling. Indeed, there are some gamblers who just fill their spare time for fun, but only a few use online sites to gamble because they are quite common in physical casinos.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: carlfebz2 on January 26, 2022, 09:57:43 PM
I think first and foremost is the importance to get to know and realize that there are games of luck and games of skill.At games of luck you are playing a completely truly 100% random game and you are just gambling in the true meaning of the word,you are guaranteed to lose money over the long run by playing these type of games which the most well known are dice and slots.There are also games where skill is much more relevant than luck although luck is also a factor in such games,those are for example texas holdem poker where your knowledge of the game is considered a skill and if you are good at it here you can win in the long run.

Know the differences and then choose where to play would be the first step.

In my opinion, even with hold'em poker, there's a fairly high probability of losing in the long run because the cards are dealt completely randomly and throughout the game you will come across players with a higher level of skill. Of course the probability of losing is lower than when playing slots, but you still need to take these risks into account.  
When dealing with gambling then risks would be always there no matter if you are playig strategic or luck based ones because we know that it do still need that luck for you to win.

The difference here is on the odds of winning.Games that has HE vs none, pure luck vs strategic type.You could really tell the difference if you do play on it.Gambling is risky and should really be played for fun and never go into certain extent on which you do really expect something more from it.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: Rengga Jati on January 26, 2022, 10:50:34 PM
And The best advice I could give to someone who wants to start gambling is probably to never start gambling to win.
So, gamble if not to win, why do people gamble, I don't accept that advice, I gamble to win, if not to win I won't gamble.
I consciously and logically agree with you. I read some replies about clarifying statements. But logically, why play gambling if not to win. Why do we waste money thinking that we don't want to win but just play gambling for fun?
Come on, today, why do we burn money, yes to get more money. If we don't expect to win, just play normal games, don't gamble. Because if we don't have a target to win, then we will relax and not strategize how we do it to win. That is why before doing gambling, we must need to learn at first about what we are going to do, what we need to think about gambling, whether we are skillful or lucky or not in that gambling. If we play on gambling and will not prioritize winning, how much we should spend and not expect for winning?
Yeah, I really don't think about this idea. But I know everyone has their own opinion.

Gambling is determined by luck and there are many people with poor emotional control (like me).
Gambling is not only all about luck, there is also gambling about skill. That is why before gambling, we must understand whether we are ready at all with our emotion, skill, luck, and money.



Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: DoublerHunter on January 26, 2022, 10:52:40 PM
~snip~
And 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.
^ This is good advice and I even applied this to myself.
Dont chase on winning, don't chase on profit and don't think about revenge when you are gambling especially in the house edge, you will never win.
When you feel those I mentioned above, just take a break and come back when you are okay the next day, the more of chasing that happen it will distract your gameplay which has a bad result. We have learned a lot here in Bitcointalk, we are aware of possible addiction which is good that we are here. I don't think there if someone here who belongs to gambling addiction.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: LUCKMCFLY on January 26, 2022, 11:01:06 PM
As we know that Gambling offers players the chance to pocket a lot of money, but it can also lead to significant monetary losses (which we all had). Even though I'm new to this forum, but I want to share a little experience related to gambling on various online sites. While you may hear it often, here's a snippet:
1. Know when is the right time to stop playing.
2. Set limits and monitor your money.
3. Safeguard your budget.
The best gamblers I know are constantly vigilant and always evaluate the balance between losses and gains.
And 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 recent article I read on this topic was that they recommend playing when you are in a good mood and not stressed, you can get it in the Bitcasino.io thread, there are many factors that you have taken into account for the game, but also I think that another factor is trying to manage emotions when you are betting, it is also not good to make bets using the martingale when there is a moment of desperation.

I understand budget management as having an amount of money that you allocate, and this is willing to lose.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: Lordhermes on January 27, 2022, 04:54:17 AM
I knew about gambling right from when I was small,but I didn't gamble.I was told that if I gamble,I will be frustrated in life and will have  nothing as my possession,but now I know that those things were misconceptions  by our parents who never wanted us to try anything called gambling.
I still have those thought that my parents had now in my head because I was brought up by them,but I gamble sometimes,which gives me the experience that what they saw and said then was close to the truth.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: xSkylarx on January 27, 2022, 05:01:03 AM
I believe before anyone will dive into gambling he/she may have hard a clear thought of what is at stake and what is required to make a good winning during the game. Winning and time management is a crucial aspect in gambling.

Not only that, but you should be aware that you will lose all of the money you have invested in gambling. You should only gamble for entertainment purposes rather than for profit, because you will end up hurt and out of pocket completely if you do. The knowledge is only required for those card games because they require strategy, as opposed to slot machines, which only require money and luck. However, I discovered some strategies that worked in the past but no longer work because the game has been fixed, despite the fact that it still has a strategy.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: rodskee on January 27, 2022, 06:50:47 AM
As we know that Gambling offers players the chance to pocket a lot of money, but it can also lead to significant monetary losses (which we all had). Even though I'm new to this forum, but I want to share a little experience related to gambling on various online sites. While you may hear it often, here's a snippet:
1. Know when is the right time to stop playing.
2. Set limits and monitor your money.
3. Safeguard your budget.
The best gamblers I know are constantly vigilant and always evaluate the balance between losses and gains.
And 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.

Great advise , but have you tried applying those to your own ? i mean are you a former gambler that experience huge losses or even losing job or family?

because most of them have the same experience that's why they can advise such thing .

I believe before anyone will dive into gambling he/she may have hard a clear thought of what is at stake and what is required to make a good winning during the game. Winning and time management is a crucial aspect in gambling.
Winning will always rely on how we manage our gambling activities .


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: ethereumhunter on January 27, 2022, 08:21:08 AM
I knew about gambling right from when I was small,but I didn't gamble.I was told that if I gamble,I will be frustrated in life and will have  nothing as my possession,but now I know that those things were misconceptions  by our parents who never wanted us to try anything called gambling.
I still have those thought that my parents had now in my head because I was brought up by them,but I gamble sometimes,which gives me the experience that what they saw and said then was close to the truth.
I think that is not a misconception by our parents but a suggestion to us when we were kids because we do not know how it feels to become addicted to gambling. If our parents can explain the danger of gambling to our lives with a simple example, I think we can know and understand that they want to show that gambling can ruin our lives and do not want to see us become addicted. You can play gambling but with control, so you can take care of yourself and avoid the addiction.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: aioc on January 27, 2022, 08:41:42 AM

1. Know when is the right time to stop playing.
2. Set limits and monitor your money.
3. Safeguard your budget.
The best gamblers I know are constantly vigilant and always evaluate the balance between losses and gains.
And 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.

Coming from my experience, you will never realize that you need total control unless you lose a huge amount of money and you are on a brink of bankruptcy, almost losing everything took me a lot of mediation and realization that gambling is not a way to make money and I have to beat my demons and moderate my greed, so far I'm succeeding but always a struggle to have total control, all that you've mentioned cannot be implemented until you experience how it feels like losing a lot.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: Oshosondy on January 27, 2022, 09:12:34 AM
2. Set limits and monitor your money.
This is the most important thing about gambling, gamblers should set a limit which should not be more than 5% of their income. Like me I use less than 5% of my income, it is 2% or 3% most of the time. Ever since I have this kind of strategy and a sense of thinking that I cannot make money from gambling, it pays me than before and yet gambling is not a means someone should look for money for gambling addiction not to set.

Coming from my experience, you will never realize that you need total control unless you lose a huge amount of money and you are on a brink of bankruptcy
That is true but not true in few cases. I have friends that do not gamble at all, I have some friends that only gamble with just little amount of money like $0.2 daily and not frequent but when looking for small change to spend. They lost at times but sometimes they are lucky. I believe when this type of people are rich, that will be the end of gambling for them.

Some many people can become addicted and some would have experienced this before they are making moves to prevent further lossee to happen again.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: D-law on January 27, 2022, 09:25:09 AM
From OP statements i personally have simple thought that self control while gambling and it necessary to optimize the meaning of gambling because the true purposse from gambling basically for fun and entertainment because if people thought starting gambling to earn money then they are totally wrong and if this happend people can never accept their losses which lead them to unexpected things

Self control, Discipline and Good decisions helped greatly in gambling.
Placing a standard, what I meant is that, you keep a particular amount you're to spend and use for gambling, once it exceeds that you stop.
Also you should know when to stop when you're not having enough profit from gambling, you should stop and come back with good gambling strategies.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: madnessteat on January 27, 2022, 09:34:56 AM
^

What strategies to come back with? I have played with many strategies and in the long run none of them will help make money. In gambling, you can only count on luck and play not to win but to have a good time and have fun. You can endlessly change the strategy of the game, but you can not cheat the theory of probability and mathematical expectation.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: AicecreaME on January 27, 2022, 09:55:39 AM
As we know that Gambling offers players the chance to pocket a lot of money, but it can also lead to significant monetary losses (which we all had). Even though I'm new to this forum, but I want to share a little experience related to gambling on various online sites. While you may hear it often, here's a snippet:
1. Know when is the right time to stop playing.
2. Set limits and monitor your money.
3. Safeguard your budget.
The best gamblers I know are constantly vigilant and always evaluate the balance between losses and gains.
And 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.


I disagree with your statement that says do not gamble just to win because that reason is the main thing people aspire to achieve the moment they start gambling. Nobody wants to gamble with the end result of losing for sure. I guess what's more appropriate to say is that people should not put gambling into the pedestal so that they won't be lost later on. Because I've heard so many testimonies that they let gambling the best of them and they didn't stop when in fact they should. Learn to set up limitations and boundaries so that you won't end up with an empty account and pile of debts to pay for. You shouldn't let your emotions get the best of you in gambling, may the situation be favorable or not to you.

In addition, when you gamble, consider the money gone because gambling is a high risk hobby or income generator that the probability of winning isn't really certain. You should only risk what you can afford to lose. Discipline is one of the keys to not being a slave of gambling. You are responsible for yourself and funds, therefore, you must do your utmost ability to protect it.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: Oasisman on January 27, 2022, 10:26:10 AM

1. Know when is the right time to stop playing.
2. Set limits and monitor your money.
3. Safeguard your budget.

This is the classic example of " It's easier said than done."
No matter how you sugarcoat and label it as "responsible" gambling- gambling is still an irresponsible act itself.
I don't want to sound hypocrite here because I too gambles.
Now, the best advice you could give to a gambler is to never lose yourself, your family, and everybody you care.

Knowing when yo stop gambling, set limits on bet, safeguard your budget? Nah, that's all bullcrap!
I bet nobody is doing that seriously. As long they have set aside a gambling budget gamblers would always find a way to use it.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: Reatim on January 27, 2022, 11:24:26 AM

1. Know when is the right time to stop playing.
2. Set limits and monitor your money.
3. Safeguard your budget.

This is the classic example of " It's easier said than done."
No matter how you sugarcoat and label it as "responsible" gambling- gambling is still an irresponsible act itself.
I don't want to sound hypocrite here because I too gambles.
Now, the best advice you could give to a gambler is to never lose yourself, your family, and everybody you care.
Agree, OP speaks as if gambler can just jump to His advises like that , he don't even understand the lust of gamblers to bet and play each time.

to seek for winning than losing (though what happened is the opposite )

Quote
Knowing when yo stop gambling, set limits on bet, safeguard your budget? Nah, that's all bullcrap!
I bet nobody is doing that seriously. As long they have set aside a gambling budget gamblers would always find a way to use it.
Limiting on bet can be easily done , but limiting the allotment in playing is different thing ,

best to Learn how to limit your budget because that is a sign of responsible gambler.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: Wexnident on January 27, 2022, 12:09:27 PM
This is the classic example of " It's easier said than done."
No matter how you sugarcoat and label it as "responsible" gambling- gambling is still an irresponsible act itself.
I don't want to sound hypocrite here because I too gambles.
Now, the best advice you could give to a gambler is to never lose yourself, your family, and everybody you care.
Facts. It's really hard to do what words can easily say. And honestly, even if the most generic advice is always repeated, it's general advice for a reason, mostly because people can't seem to follow it no matter what. The best advice to a gambler is honestly, to not just gamble. Or well, if you can't stop that, then just don't try to gamble for money, try to gamble for entertainment. It was originally supposed to be as such, and yet people still lose themselves and try to gamble to win money. it isn't that simple.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: KTChampions on January 27, 2022, 01:18:01 PM
And The best advice I could give to someone who wants to start gambling is probably to never start gambling to win.
So, gamble if not to win, why do people gamble, I don't accept that advice, I gamble to win, if not to win I won't gamble.
~

If it's not a secret, what kind of gambling do you prefer? If it's betting, then there are no questions about winning methods, but if it's slots or dice, then I would like to know if you are in the black or just playing in the hope that someday you will hit a huge jackpot. In my opinion, playing games that are completely dependent on luck in order to win is quite difficult from the point of view of psychology, since there are more losses than wins.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: naira on January 27, 2022, 01:48:54 PM
~ choose different times of the day or night and look for the winning percentage to get on your way. You need to be careful and vigilant about spending all your money never be too greedy and never lose all the wins in one day.
Are tricks or solutions like this really effective for luck-based gambling? because so far no one has ever guessed when the ideal time to enter. Only from lip to lip and as if it would become a widespread belief. ~
There might be some individuals who suit with such kind of tricks, generally it isn't working at all or might be useless. Not to mention in my honest opinion the right or ideal times here are too ambiguous which tends to be a baseless mindset I guess, rather than the right or ideal times I'd like to say that our lucks is the most important thing which determines the winning rates of each session.
In luck-based gambling, you don't need to rely a lot on thinking hard. In contrast to playing poker it will be quite draining the mind. And the skills required also encourage gamblers to be proficient in mastering cards and tricks that may still be relevant. While the rest of gambling is only about how much luck a person has from time to time.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: Mauser on January 27, 2022, 02:26:50 PM
Welcome to the forum, always good to see new members here. I fully agree with your 3 points on gambling, it's a very risky business and we need to manage ourselves to not lose all our money. It seems that you already have a strong insight into gambling, this might come from friends who are successful in gambling. It's always good to have someone to learn from. I remember that when I was 18, a good friend of mine showed me the world of online poker and taught me a few valuable lessons. Especially the bankroll management is key to being successful. Any game that involves chance is going to have variance on the outcome, we as gamblers need to manage that variance. Protecting our money to up and down swings is crucial if we want to be around a long time in gambling. That's why never bet everything at once, always save some funds for another day.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: qwertyup23 on January 27, 2022, 03:40:16 PM
So, gamble if not to win, why do people gamble, I don't accept that advice, I gamble to win, if not to win I won't gamble.

Gambling is determined by luck and there are many people with poor emotional control (like me). Op's advice is of course good and is actually a principle that I hold in gambling. As such, I'm not too dedicated to winning bets. It's not that I don't want to win, but I'm more worried about myself when I lose more while winning is my goal.

I think the reasoning varies on why people gamble in the first place. While most gamblers play for the win, there are also others who just really want to experience the thrill of the adrenaline kicking. I think this kind of gamblers are the ones who are not worried financially since they have a relatively unlimited supply of capital for their disposal.

Personally, gambling is something that I cannot tolerate with. I tried gambling but most of the results were not in my favor. That is why, I really see it as a form of entertainment where it is relatively difficult to win money (at least in my case).


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: famososMuertos on January 27, 2022, 05:38:55 PM
I think your op speaks very Well of your good intentions, so there are several topics and / or user questions looking for tips here on the betting board, find them is easy use the search engine or look for the different topics, now...welcome to the forum.  

The main advice for a rookie (if such a thing exists today) is becareful the size of his bet and go down/up progressively according to his skill and the size of his banking.

For example, start with bet $0.01 bankroll $100 is fine but make bets $ 0.01 with a $ 1000 bankroll is a waste of time, well at least that it does it recreationally that always any bet I leave space to the loss is welcome. This advice is relative and is subject to the type of game, in NLH10 works well

Finally, as a player one learns that there are downswing so long that sometimes only the best Bankroll Management can support themll can bear them, these down can last years even, be careful! when the variance of the game is denied with you not is bad luck, it is variance and this is defeated with a good bankroll handling .



Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: AhmadM on January 27, 2022, 07:14:50 PM
~
In luck-based gambling, you don't need to rely a lot on thinking hard. In contrast to playing poker it will be quite draining the mind. And the skills required also encourage gamblers to be proficient in mastering cards and tricks that may still be relevant. While the rest of gambling is only about how much luck a person has from time to time.
Well indeed, compared to poker or other skill-based games certainly luck based games would be more simpler and less tiring. Therefore for some individuals that kinda impatientence like me would prefer the second option and rarely play the first one.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: Johnyz on January 27, 2022, 07:39:04 PM
~
In luck-based gambling, you don't need to rely a lot on thinking hard. In contrast to playing poker it will be quite draining the mind. And the skills required also encourage gamblers to be proficient in mastering cards and tricks that may still be relevant. While the rest of gambling is only about how much luck a person has from time to time.
Well indeed, compared to poker or other skill-based games certainly luck based games would be more simpler and less tiring. Therefore for some individuals that kinda impatientence like me would prefer the second option and rarely play the first one.
This is also why many are losing a lot money on slots games or luck based gambling since they have no control over it and they become more greedy by just simply hitting the bottom. Anyway, I prefer both depends on my mood when I gamble, I can play poker and spend most of my money longer on the casino or I can take risk playing slots for a much faster result.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: Quidat on January 27, 2022, 09:57:19 PM
~
In luck-based gambling, you don't need to rely a lot on thinking hard. In contrast to playing poker it will be quite draining the mind. And the skills required also encourage gamblers to be proficient in mastering cards and tricks that may still be relevant. While the rest of gambling is only about how much luck a person has from time to time.
Well indeed, compared to poker or other skill-based games certainly luck based games would be more simpler and less tiring. Therefore for some individuals that kinda impatientence like me would prefer the second option and rarely play the first one.
This is also why many are losing a lot money on slots games or luck based gambling since they have no control over it and they become more greedy by just simply hitting the bottom. Anyway, I prefer both depends on my mood when I gamble, I can play poker and spend most of my money longer on the casino or I can take risk playing slots for a much faster result.
In short, it would really depend on someones preference whether they do like luck based for faster or instant results or would deal with strategic like card games or sports betting
if they do like on having that higher chance of winning or simply wont deal against the house.Knowledge is always an advantage whether you do play something like this
depending on the chance of winning and what type of games you should really be dealing with.Most important thing is that you shouldnt really tolerate
your greed because this would be the main thing would fucked you up.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: Ryker1 on January 27, 2022, 10:13:42 PM
[snip]
Most important thing is that you shouldnt really tolerate your greed because this would be the main thing would fucked you up.
Well this is the most important thing that everyone must remember --whether it is based on luck or a high chance of winning, controlling yourself from being greedy is the most important. I know how to play those based on luck games but I prefer those games that can be applicable by skills, you can increase your chances of winning through using your skills but if you don't know the game, which is better based on luck games which are very simple to anyone even a kid can do in based on luck games.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: romero121 on January 27, 2022, 10:42:03 PM
[snip]
Most important thing is that you shouldnt really tolerate your greed because this would be the main thing would fucked you up.
Well this is the most important thing that everyone must remember --whether it is based on luck or a high chance of winning, controlling yourself from being greedy is the most important. I know how to play those based on luck games but I prefer those games that can be applicable by skills, you can increase your chances of winning through using your skills but if you don't know the game, which is better based on luck games which are very simple to anyone even a kid can do in based on luck games.
Greed is the major factor that makes an user loss everything. Whether you're winning or losing, you should have control over the funds. Many users including me don't have this. Myself used to play mostly the luck based Dice and other similar games. Here when we're lucky mind thinks of making even higher and go for high roll. Here losing begins and to recover the loss further bet value is rised and ends losing everything. Always self control over the money unlike the win/loss is a must.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: Rengga Jati on January 27, 2022, 11:52:12 PM
Greed is the major factor that makes an user loss everything. Whether you're winning or losing, you should have control over the funds.
Unfortunately, many people are not aware that they may be in a greedy situation, not aware that they are greedy, moreover if they have been addicted to gambling. What they want is only betting, betting, and betting.
I really agree, if we exactly cannot manage or control our greed, our emotions, and also fund, we are likely going to be ended up gambling in a bad situation. gambling is not only about luck, but sometimes, people only lay on luck, expecting that in the next match they will win because of luck, again and again.

Anyway, I prefer both depends on my mood when I gamble, I can play poker and spend most of my money longer on the casino or I can take risk playing slots for a much faster result.
As long as you are aware and also ready with the risks and also what you are playing or gambling on, there is no problme. Moreover, if you know the time to stop every time you feel tired or lost enough in gambling.
Some people may not be aware of this, they are likely unconscious and desire to gamble again although they have lost much.  :D


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: Anguwa on January 28, 2022, 09:11:29 AM
As we know that Gambling offers players the chance to pocket a lot of money, but it can also lead to significant monetary losses (which we all had). Even though I'm new to this forum, but I want to share a little experience related to gambling on various online sites. While you may hear it often, here's a snippet:
1. Know when is the right time to stop playing.
2. Set limits and monitor your money.
3. Safeguard your budget.
The best gamblers I know are constantly vigilant and always evaluate the balance between losses and gains.
And 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.

One thing about novice gamblers is greediness, when someone is desperate of making too much money with just little amount of money he/she use in gambling, it end up in lost, while professional gamblers have plan and balance for their gain and losses. One will get experience if he take his/her time to study all the gambling procedures and start with little investment before going high.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: KTChampions on January 28, 2022, 12:29:14 PM
[snip]
Most important thing is that you shouldnt really tolerate your greed because this would be the main thing would fucked you up.
Well this is the most important thing that everyone must remember --whether it is based on luck or a high chance of winning, controlling yourself from being greedy is the most important. I know how to play those based on luck games but I prefer those games that can be applicable by skills, you can increase your chances of winning through using your skills but if you don't know the game, which is better based on luck games which are very simple to anyone even a kid can do in based on luck games.

This is both a plus and a minus of such games. If I want to relax then of course I will play a game where everything depends on luck, because if you take a money game (like poker) then because of the competition it will be hard work and stress and not rest. I don't get emotional when I lose to roulette or dice, but if the opponent is a live player, losing or winning has a serious effect on me.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: 1win on January 28, 2022, 03:38:01 PM
Nice advice! We think here is nothing bad in gambling in case of achieving recreative goals. But once it starts to be the obsession - nothing good could take place. Please, be aware of responsibility you have while playing! It is a big trend to blame someone in cheating but in the reality neither casinos nor betting companies are trying to trick someone. Human psychology tricks everybody. The only point is somebody realized how does it work. Best regards, 1win team


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: ethereumhunter on January 28, 2022, 03:41:42 PM
As we know that Gambling offers players the chance to pocket a lot of money, but it can also lead to significant monetary losses (which we all had). Even though I'm new to this forum, but I want to share a little experience related to gambling on various online sites. While you may hear it often, here's a snippet:
1. Know when is the right time to stop playing.
2. Set limits and monitor your money.
3. Safeguard your budget.
The best gamblers I know are constantly vigilant and always evaluate the balance between losses and gains.
And 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.

One thing about novice gamblers is greediness, when someone is desperate of making too much money with just little amount of money he/she use in gambling, it end up in lost, while professional gamblers have plan and balance for their gain and losses. One will get experience if he take his/her time to study all the gambling procedures and start with little investment before going high.
When we are novice gamblers, the feeling of curiosity will be in us and make us want to use more money to gamble. The lesson that I take from gambling is don't use the money more than you can afford to lose. But unfortunately, many novice gamblers do not know or realize about this and that is why we see many of them lose more money and become addicting.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: South Park on January 28, 2022, 06:40:01 PM
In luck-based gambling, you don't need to rely a lot on thinking hard. In contrast to playing poker it will be quite draining the mind. And the skills required also encourage gamblers to be proficient in mastering cards and tricks that may still be relevant. While the rest of gambling is only about how much luck a person has from time to time.
Well indeed, compared to poker or other skill-based games certainly luck based games would be more simpler and less tiring. Therefore for some individuals that kinda impatientence like me would prefer the second option and rarely play the first one.
At the end it is a matter of preferences, some people like the idea of getting an edge over the casino and other players and they want to play games in which their skill can impact the result of the game, however there are some other people that like the opposite, they just want to relax and enjoy their time at the casino without having to worry about things like that, in such a case then games that are completely random are a better fit for those kind of players.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: Lucasgabd on January 28, 2022, 07:08:51 PM
~
In luck-based gambling, you don't need to rely a lot on thinking hard. In contrast to playing poker it will be quite draining the mind. And the skills required also encourage gamblers to be proficient in mastering cards and tricks that may still be relevant. While the rest of gambling is only about how much luck a person has from time to time.
Well indeed, compared to poker or other skill-based games certainly luck based games would be more simpler and less tiring. Therefore for some individuals that kinda impatientence like me would prefer the second option and rarely play the first one.
This is also why many are losing a lot money on slots games or luck based gambling since they have no control over it and they become more greedy by just simply hitting the bottom. Anyway, I prefer both depends on my mood when I gamble, I can play poker and spend most of my money longer on the casino or I can take risk playing slots for a much faster result.

yes, this is the thing with skill vs luck games
if you just want to relax and spend some money with no expectations of making it back: luck is just fine
but if you want to improve your game and be rewarded for effort skill games are probably a better choice.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: Fortify on January 28, 2022, 07:26:51 PM
In luck-based gambling, you don't need to rely a lot on thinking hard. In contrast to playing poker it will be quite draining the mind. And the skills required also encourage gamblers to be proficient in mastering cards and tricks that may still be relevant. While the rest of gambling is only about how much luck a person has from time to time.
Well indeed, compared to poker or other skill-based games certainly luck based games would be more simpler and less tiring. Therefore for some individuals that kinda impatientence like me would prefer the second option and rarely play the first one.
At the end it is a matter of preferences, some people like the idea of getting an edge over the casino and other players and they want to play games in which their skill can impact the result of the game, however there are some other people that like the opposite, they just want to relax and enjoy their time at the casino without having to worry about things like that, in such a case then games that are completely random are a better fit for those kind of players.

What I've noticed is that people generally get more realistic the older they get. Young people definitely have more time to mess about and repeat the same mistakes (at least when it comes to gambling) without learning from them. However most gambling, unless you're playing a genuine skill based game, is tilted towards the casino winning. It is only through many years of experience, and learning how the world works that people truly understand - however there will be some people that will never learn and carry on being reckless until they die. Casinos can also go to great lengths to disguise their advantage, such as offering 3-card poker games which is nothing like a 5 card game of Texas Poker.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: Sterbens on January 28, 2022, 07:57:19 PM
In luck-based gambling, you don't need to rely a lot on thinking hard. In contrast to playing poker it will be quite draining the mind. And the skills required also encourage gamblers to be proficient in mastering cards and tricks that may still be relevant. While the rest of gambling is only about how much luck a person has from time to time.
Well indeed, compared to poker or other skill-based games certainly luck based games would be more simpler and less tiring. Therefore for some individuals that kinda impatientence like me would prefer the second option and rarely play the first one.
At the end it is a matter of preferences, some people like the idea of getting an edge over the casino and other players and they want to play games in which their skill can impact the result of the game, however there are some other people that like the opposite, they just want to relax and enjoy their time at the casino without having to worry about things like that, in such a case then games that are completely random are a better fit for those kind of players.
Agree, back to the preference of the gambler himself regarding his choice of luck-based games or indeed his realm in gambling which is required to focus on using the mind. For me personally based on luck is more preferred, especially by beginners who are new to gambling. Meanwhile, skill-based gambling is indeed played by people who are quite deep in games such as cards, where this gambling is said to be the most prestigious gambling.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: nakamura12 on January 28, 2022, 10:58:40 PM
Well, you are right that we have heard about it but number 1 won't work with gambling addicts. They will know when to stop but they can't prevent the urge to gamble so it won't work unless he/she have help or support from friends to stop the urge to gamble. Better change the mindset to having fun using your own budget for gambling ony instead of focusing on pocketing huge amount of money. After all, most gambling are based on luck.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: Cryptock on January 28, 2022, 11:15:08 PM
^

What strategies to come back with? I have played with many strategies and in the long run none of them will help make money. In gambling, you can only count on luck and play not to win but to have a good time and have fun. You can endlessly change the strategy of the game, but you can not cheat the theory of probability and mathematical expectation.

I think it's just a betting strategy, which is probably the amount of money spent on the game and the amount of stakes. The most common mistake that new gamblers make is that they place their stakes too high comparing to the funds they have to play. A good betting strategy is also very important.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: batang_bitcoin on January 28, 2022, 11:44:29 PM
Nice advice! We think here is nothing bad in gambling in case of achieving recreative goals. But once it starts to be the obsession - nothing good could take place.
It's actually good when you're hitting achievements and goals as you gamble. But if it's not then you should just do it as a means of casual gambling and whether you hit or miss it, you shouldn't be emotional with it.

Please, be aware of responsibility you have while playing! It is a big trend to blame someone in cheating but in the reality neither casinos nor betting companies are trying to trick someone. Human psychology tricks everybody. The only point is somebody realized how does it work. Best regards, 1win team
That's where the control and emotional ticking in. When you can't accept the losses and defeat, your behavior is going to be the reason why you'll be ending up in mischief.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: timerland on January 29, 2022, 01:00:45 AM
As we know that Gambling offers players the chance to pocket a lot of money, but it can also lead to significant monetary losses (which we all had). Even though I'm new to this forum, but I want to share a little experience related to gambling on various online sites. While you may hear it often, here's a snippet:
1. Know when is the right time to stop playing.
2. Set limits and monitor your money.
3. Safeguard your budget.
The best gamblers I know are constantly vigilant and always evaluate the balance between losses and gains.
And 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.


These are all really good advice.

I think that most of the time, you are going to find that gambling is just a form of entertainment.

If you take it to be something more than that you are probably going to lose money - at the end of the day, the games that you play will have to benefit the 'house' and you will always get the shorter end of the stick regardless of how hard you try.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: michellee on January 29, 2022, 04:47:29 AM
Nice advice! We think here is nothing bad in gambling in case of achieving recreative goals. But once it starts to be the obsession - nothing good could take place.
It's actually good when you're hitting achievements and goals as you gamble. But if it's not then you should just do it as a means of casual gambling and whether you hit or miss it, you shouldn't be emotional with it.
And if you win from the games, especially win much money, do not forget to stop the games and withdraw the money and not continue playing gambling because that can make you lose that money. We already have seen many examples from those who can win money but are still playing gambling and suddenly, their greed becomes bigger and they lose all of that money quickly. It is why we need to manage our emotions and greed and not let it bigger.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: Oshosondy on January 29, 2022, 07:24:18 AM
Personally, gambling is something that I cannot tolerate with. I tried gambling but most of the results were not in my favor. That is why, I really see it as a form of entertainment where it is relatively difficult to win money (at least in my case).
I was like this before, I lose than often and the net gain are losses.

What may likely be causing this is because you see gambling as a way of making money or making profit, but it should not be seen that way, the reason some people later got addicted or lost a lot of money to gambling.

Try not to play often, do not see it as a way of profit, take it completely as fun, use the money you can afford to lose. Like me I use less than 5% of my income and I play once or twice a week, but barely twice a week.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: Reatim on January 29, 2022, 10:53:50 AM
Personally, gambling is something that I cannot tolerate with. I tried gambling but most of the results were not in my favor. That is why, I really see it as a form of entertainment where it is relatively difficult to win money (at least in my case).
I was like this before, I lose than often and the net gain are losses.

What may likely be causing this is because you see gambling as a way of making money or making profit, but it should not be seen that way, the reason some people later got addicted or lost a lot of money to gambling.

Try not to play often, do not see it as a way of profit, take it completely as fun, use the money you can afford to lose. Like me I use less than 5% of my income and I play once or twice a week, but barely twice a week.
I have known some individuals that uses gambling as their profession and way of living and trust me some of them are really successful person.

I'm not saying that I am giving blessings to those who wanted to gamble to win big but what i wanna say is this is depend on your way in life, if you will dedicate your life in gambling and knows your boundary and limit then I think even if you desire to win most of the time it will happen.

Just make sure that addiction will never take place here as this will ruin everything in you.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: batang_bitcoin on January 29, 2022, 11:22:54 AM
Nice advice! We think here is nothing bad in gambling in case of achieving recreative goals. But once it starts to be the obsession - nothing good could take place.
It's actually good when you're hitting achievements and goals as you gamble. But if it's not then you should just do it as a means of casual gambling and whether you hit or miss it, you shouldn't be emotional with it.
And if you win from the games, especially win much money, do not forget to stop the games and withdraw the money and not continue playing gambling because that can make you lose that money. We already have seen many examples from those who can win money but are still playing gambling and suddenly, their greed becomes bigger and they lose all of that money quickly. It is why we need to manage our emotions and greed and not let it bigger.
That's how it feels when you gamble, if you win, there's money. It's easy to remind everyone to get their profits and stop but, I don't think that everyone is going to listen to that anymore if they've been enjoying and raking money from the games they play with.
Those have lost that much profit instead of taking care of it when they can, they're the ones that have learned that mistake the hard way and they don't want to let it happen again and that's making them wiser.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: AicecreaME on January 29, 2022, 12:53:19 PM
Personally, gambling is something that I cannot tolerate with. I tried gambling but most of the results were not in my favor. That is why, I really see it as a form of entertainment where it is relatively difficult to win money (at least in my case).
I was like this before, I lose than often and the net gain are losses.

What may likely be causing this is because you see gambling as a way of making money or making profit, but it should not be seen that way, the reason some people later got addicted or lost a lot of money to gambling.


I disagree.

Whatever your mindset in gambling, you'll lose your money because that's how gambling works, even if you treat is as an entertainment---you will eventually lose your money. Gambling will become an addiction no matter what is entirely depends on a person, because addiction means you're enjoying it, it could be either a bad addiction or a good addiction. You cannot dictate someone that they shouldn't see it that "way", we play gambling for our own reason, and play with different kind of risks.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: livingfree on January 29, 2022, 01:05:21 PM
Well, you are right that we have heard about it but number 1 won't work with gambling addicts. They will know when to stop but they can't prevent the urge to gamble so it won't work unless he/she have help or support from friends to stop the urge to gamble. Better change the mindset to having fun using your own budget for gambling ony instead of focusing on pocketing huge amount of money. After all, most gambling are based on luck.
If they have a strong will, they can manage to control themselves.

It always end up with that idea if they really want to stop, they'll control themselves and let their will live on it because that's what they want to happen.

But if they can't just stop themselves, that's going to trigger them to gamble more and despite they want to stop, they can't because their will isn't strong enough.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: michellee on January 29, 2022, 01:09:34 PM
That's how it feels when you gamble, if you win, there's money. It's easy to remind everyone to get their profits and stop but, I don't think that everyone is going to listen to that anymore if they've been enjoying and raking money from the games they play with.
Those have lost that much profit instead of taking care of it when they can, they're the ones that have learned that mistake the hard way and they don't want to let it happen again and that's making them wiser.
Yes, it is. I feel that too, when I remind my friend to stop for a while after getting to win. He says that the passion for continuing gambling is still there and he should try once or twice more to see his luck. But suddenly, he lost and I still reminded him to stop and this time, he followed my suggestion. We always remind each other to stop gambling, no matter the result.

But I already have experienced losing almost half of my winning a few years ago because of continuing the games, which feels pain. So from that experience, I will always be careful to gamble and not break my limit.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: coin-investor on January 29, 2022, 03:27:13 PM
Well, you are right that we have heard about it but number 1 won't work with gambling addicts. They will know when to stop but they can't prevent the urge to gamble so it won't work unless he/she have help or support from friends to stop the urge to gamble. Better change the mindset to having fun using your own budget for gambling ony instead of focusing on pocketing huge amount of money. After all, most gambling are based on luck.
If they have a strong will, they can manage to control themselves.

It always end up with that idea if they really want to stop, they'll control themselves and let their will live on it because that's what they want to happen.

But if they can't just stop themselves, that's going to trigger them to gamble more and despite they want to stop, they can't because their will isn't strong enough.

Strong will comes from experience if you lose a lot in the past and comes to a point where you lose a huge amount of money that you suffer bankruptcy and you promise yourself that this will not happen to you again in gambling then you can develop a strong will, it takes unforgettable experience for you to have control of your will and mind.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: uneng on January 29, 2022, 05:28:40 PM
Well, you are right that we have heard about it but number 1 won't work with gambling addicts. They will know when to stop but they can't prevent the urge to gamble so it won't work unless he/she have help or support from friends to stop the urge to gamble. Better change the mindset to having fun using your own budget for gambling ony instead of focusing on pocketing huge amount of money. After all, most gambling are based on luck.
If they have a strong will, they can manage to control themselves.

It always end up with that idea if they really want to stop, they'll control themselves and let their will live on it because that's what they want to happen.

But if they can't just stop themselves, that's going to trigger them to gamble more and despite they want to stop, they can't because their will isn't strong enough.
You are right, because first of all the addicted gambler himself must want to stop gambling to overcome his addiction. No friends, family or therapists can cure an addiction if the individual on the center of the issue is reluctant in doing so. Third parties' help is useful as a support and as an incentive to encourage the addicted gambler during the hard times, when he may think about giving up his fight for sobriety. However, the battle is always fought by the addicted person, so the biggest part of the effort must come from him. He must be confident and resilient until the end.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: livingfree on January 29, 2022, 05:41:29 PM
Well, you are right that we have heard about it but number 1 won't work with gambling addicts. They will know when to stop but they can't prevent the urge to gamble so it won't work unless he/she have help or support from friends to stop the urge to gamble. Better change the mindset to having fun using your own budget for gambling ony instead of focusing on pocketing huge amount of money. After all, most gambling are based on luck.
If they have a strong will, they can manage to control themselves.

It always end up with that idea if they really want to stop, they'll control themselves and let their will live on it because that's what they want to happen.

But if they can't just stop themselves, that's going to trigger them to gamble more and despite they want to stop, they can't because their will isn't strong enough.

Strong will comes from experience if you lose a lot in the past and comes to a point where you lose a huge amount of money that you suffer bankruptcy and you promise yourself that this will not happen to you again in gambling then you can develop a strong will, it takes unforgettable experience for you to have control of your will and mind.
It's a mix of everything based from your experience.

There's a lot of reason why you're going to be a strong willed person to overcome that emotion of yours. As in, you can control it and even if you're having a bad day.

It won't trigger you to gamble just because you're losing a lot. You're still in control of the situation and that's what it means of being a good gambler and you're not easily going to be eaten by your emotion.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: Silberman on January 29, 2022, 08:14:52 PM
Well, you are right that we have heard about it but number 1 won't work with gambling addicts. They will know when to stop but they can't prevent the urge to gamble so it won't work unless he/she have help or support from friends to stop the urge to gamble. Better change the mindset to having fun using your own budget for gambling ony instead of focusing on pocketing huge amount of money. After all, most gambling are based on luck.
If they have a strong will, they can manage to control themselves.

It always end up with that idea if they really want to stop, they'll control themselves and let their will live on it because that's what they want to happen.

But if they can't just stop themselves, that's going to trigger them to gamble more and despite they want to stop, they can't because their will isn't strong enough.
Some people just have addictive prone personalities, now if someone realizes this about themselves then they need to be incredibility careful as they could get addicted to all kind of negative behaviors and substances and ruin their lives that way, unfortunately the majority that suffer from a personality like that do not realize this and as such they take no precautions at all and end up getting addicted to something, which is a shame as they could have avoided that fate by just being more aware of their strong and weak points.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: Oilacris on January 29, 2022, 08:31:22 PM
Well, you are right that we have heard about it but number 1 won't work with gambling addicts. They will know when to stop but they can't prevent the urge to gamble so it won't work unless he/she have help or support from friends to stop the urge to gamble. Better change the mindset to having fun using your own budget for gambling ony instead of focusing on pocketing huge amount of money. After all, most gambling are based on luck.
If they have a strong will, they can manage to control themselves.

It always end up with that idea if they really want to stop, they'll control themselves and let their will live on it because that's what they want to happen.

But if they can't just stop themselves, that's going to trigger them to gamble more and despite they want to stop, they can't because their will isn't strong enough.
Some people just have addictive prone personalities, now if someone realizes this about themselves then they need to be incredibility careful as they could get addicted to all kind of negative behaviors and substances and ruin their lives that way, unfortunately the majority that suffer from a personality like that do not realize this and as such they take no precautions at all and end up getting addicted to something, which is a shame as they could have avoided that fate by just being more aware of their strong and weak points.
If they do just simply picture out their lives on bigger scale whenever they do lost up big money or had really compromised out their savings then they would be fully aware and no one really likes

for it to happen and thats why we do have the will on what are the things we should gonna do but if you do tolerate out that greediness inside you then you would surely be fucked up.

Dont do things if you dont know on whats gonna happen in terms of finances.Play on the amount which you can afford to lose and dont go beyond that limit.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: Fredomago on January 29, 2022, 08:40:18 PM
Some people just have addictive prone personalities, now if someone realizes this about themselves then they need to be incredibility careful as they could get addicted to all kind of negative behaviors and substances and ruin their lives that way, unfortunately the majority that suffer from a personality like that do not realize this and as such they take no precautions at all and end up getting addicted to something, which is a shame as they could have avoided that fate by just being more aware of their strong and weak points.

Sad true, people who have this kind of problem doesn't realize things like this until they already suffer, too late as they can't adjust anymore and they really needed someone to help them out to cure themselves, though it's more on self cure but the help of professionals and loves do have big influenced to assist and help to move away from this kind of addictions.

Negative behaviors like this are one of the many addictive problems.

Not just you, but everyone that surrounds you are also affected by your problem..


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: KTChampions on January 29, 2022, 08:42:45 PM
I was like this before, I lose than often and the net gain are losses.

What may likely be causing this is because you see gambling as a way of making money or making profit, but it should not be seen that way, the reason some people later got addicted or lost a lot of money to gambling.

I disagree.

Whatever your mindset in gambling, you'll lose your money because that's how gambling works, even if you treat is as an entertainment---you will eventually lose your money. Gambling will become an addiction no matter what is entirely depends on a person, because addiction means you're enjoying it, it could be either a bad addiction or a good addiction. You cannot dictate someone that they shouldn't see it that "way", we play gambling for our own reason, and play with different kind of risks.

So what is your point? Do not gamble at all because it is unprofitable? But when you go to an expensive restaurant and eat a steak, it is also unprofitable. Or going to the movies. All entertainment costs money and there is nothing wrong with gambling either. Problems start when entertainment turns into addiction, but this applies to food as well as everything else, not just gambling.


Title: Re: little knowledge about gambling - before I knowing bitcointalk.org forum
Post by: stadus on January 29, 2022, 08:46:53 PM
All of that can be done if you are knowledgeable on the risk and reward and you have the discipline.

Setting limits is always necessary as when you are gambling you are taking risks although you are having fun.
We should always remember that so we will stay realistic knowing that a chance of losing is also possible aside from winning.

A responsible gambler would enjoy what he is doing even if he is not a winner, besides, most of us are looking to entertain in gambling, and if we should easily accept even if we lose.