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Gambling is fun. And it doesn't matter whether you go to a land-based casino to bet or an online casino. When we bet, we celebrate our wins and count our losses. According to this study (https://www.gsb.stanford.edu/insights/most-gamblers-are-just-out-fun), the researchers found that gamblers are satisfied with small wins and will tolerate small losses but when they hit the threshold of loss, they will not play anymore.  I will attempt to define threshold of loss as regards gambling as the minimum intensity at which a gambler can no longer tolerate a loss.

My question is, can you remember a time when you reached your threshold of loss while gambling?

I prefer sport, especially football (soccer).

My threshold before was until I have lost all my money in bank. Later I know about cryptocurrencies and later I got a job. After leaving gambling for over a year during the time, the only way I am making money is through my job. I put less than 5% weekly income on gambling and I have fun with it.

This time, I do not think I am experiencing anything like threshold, if I lose during weekend that I only gamble, I play no more, if I win, I have another money to drink bear.

If am investing 80$ in Gambling, then I do understand that if I am loosing very fast and I have already lost more than 90%, I am not going to invest any more money in there since I know my luck is not on my side as well, so what I would do is to use all that amount that I do have in there and would not attempt to further add any more on the same day or even on consecutive days, for me threshold does not depend on the Money that I invest in Gambling but it does depend on how much I have lost, what Percentage have I lost, which is usually, 90% but my anxiety starts calling me at 50% usually.

Sure. For me the threshold is the money I have deposited in my casino account. I have a rule of never adding to the balance during a session. If I lose it all it means the and for that day, maybe for longer, depending on how long it was since the last time I sent money to a casino.

Sometimes I played on a casino account with the money they gave me for free or money I got from a signature campaign. If that went to 0 I'd stop until the next paycheck.

To me that is very simple, I have a monthly budget to gamble and while it is not huge or anything I make small bets to allow me to last a few gambling sessions during that month, if I happen to lose that money early then I am not going to deposit any extra amount to the casino and I am just going to spend the rest of the month without gambling more money at all, however I think that study most likely only takes into account the average gambler as an addicted will probably not stop gambling until they have spend every single dollar they have to their name.

I can't remember how much it was but that's not that much compared to those actually addicted gamblers that would be fine losing $1k in just a single spin or roll.

Both are true, we're happy with small wins and that makes us content and want to gamble again sometime. And when we lose, it's the temporary halt that we have to make but after moving on, we'll gamble again from that loss.

To be honest.

Is hard, even you have the best strategy. After you get triged, your strategy of money management becomes useless and trying to deposit more to chase the lose. This is just based my experience.

Easy to think about this one, but is hard while you gambling.

Mine was actually during my studies in the University when I gambled with my school fees and also with my accommodation money, it almost cost me to drop out of school and Since then I think I haven't had huge loses as much because I'm using a different strategy from what I was using initially and it has really helped me out in having more wins than loses.

It's really hard to resist especially when you have all the means to bet again and the only time you manage to think it was a huge mistake is when you don't anything in your pocket anymore. That's why people always try to say stop when you think you are losing too much but in reality, the word "stop" won't show until you drain your money from betting too much. I appreciate those people who know exactly what to do when they feel they aren't winning the game at all and they just left it like that not chasing it anymore and moved on with their life.

I don't gamble much by nature, just a few times as I have often said here, I don't fancy loosing money so I assume that my threshold of loss is really very small/slim, because after loosing any money any day I decide to gamble, I do not want to continue, it hurts so much, guess I'm among the persons who have a strict loss threshold.

I think it is possible to say that some people may react differently when they make losses in gambling and hit their threshold. While some like me may withdraw from gambling for a while till the pain of loosing fades away, some may see the loss as a motivation to want to try again and maybe this time win the casino. In trying they may be loosing more, but the thought of trying to win keeps them going and unknowingly they continue to expand/increase their threshold of loss till it puts them in problems.

Gamblers must understand the need to maintain their threshold of loss and not expand it so it doesn't cause them issues.

I think most of the times I can hit itas long as it's predetermined before you are gambling. It should have been planned in the first place on what threshold you can manage your loss, it shouldn't be just popping out of nowhere, my answer is that it's being planned or you should know how much you can gamble for a day - win or loss.

The majority of times I've been to a casino i set a specific amount of money that I will spend, and when I cross that threshold I just stop playing.

Sometimes I just stay around for a bit without gambling more, and other times I just leave. Also a couple of times I won a bit of money and left after winning.

I usually have a fixed amount of funds that I save up to gamble. if that fund is depleted that is my "threshold of loss" but there are times when I don't completely lose all my funds but that is not because I reached my limit, it's just that I also have a time limit on how long I gamble every session.

regarding the article, the article is very interesting, they don't just talk about the "threshold of loss" but also how people who go to casinos make decisions while gambling and how a gambler with addictive behaviour responds to the casino's marketing strategy. if you have I suggest reading it.

That's still a lot. I don't think I would be able to sleep at night if I ever lost 10% of my bitcoins. That would be years of saving up down the drain.

I usually don't gamble with more than $100 at a time. I'm a casual gambler and I can spare a hundred here and there from time to time, but that's all. I don't lose a lot and I don't win a lot. For me it's just a way to have some fun and feel the thrill.

For me, I have no threshold, in fact, the idea of having a set threshold have never occurred to me, what I know is that I just set out some certain amount of money I know I am ready to throw away and decide to gamble with it, I naturally don't gamble frequently, so the idea of having a set threshold doesn't really apply for my kind of gamblers, there are some periods that it takes me about a month to gamble away $100 which is most times even lesser than that, I have won on several occasions, and that period I won are usually the period I gamble the most because I always end up with this feeling that I could win more, and the fact that am I now gambling with the money I won and not extra money from my pocket gives me peace of min, i can gamble away any amount of money in a day anytime i decide to gamble, i have no set threshold, the amount i wager away mostly depends on how i feel about what am gambling on.

Threshold would be usually on the time that you dont have already money or funds and it would be depending on someone whether they would go into some extent or would completely
stop if they do saw that they are losing that much? This is actually depending on self preference since not all could able to tolerate their gambling interest whether they can afford to lose even more
beyond their limit or it is just they are really that impulsive on where they cant really just stop as long they do have the funds for them to play.?
I cant afford on losing beyond my border line.When i said enough then it would be enough and dont tend to play even more and this should how people do play with gambling
where setting out limits so that you wont really be facing some problems later on.

Luck does not always come to us when we gamble but we need to understand that gambling is all about making loses nd making profits. Reaching out individual threshhold could signify that it is time for us to pull and relax with the little that we have. Gambling is not a do or die affair so we should always chill and relax for a while before we continue with our daily gambling. I know that it is only gamblers that has plans that do reach their thresholds. Some gamblers can not control themselves so they don't have anything like threshold.

OP:My question is, can you remember a time when you reached your threshold of loss while gambling?

I don't know in a certain way to what point in essence you are referring to, I think there is some semantics in that question that I understand as; a game section, a period of time, for example a year.

In any case, regardless of that, it is not something so strange that it happens, what you ask, there is a term that is used in the jargon of the game that is break-even, one can know that he is in losses but he still bets to reach a game section or end the month in break-even.

The budget allocated for gambling can be of different sizes, so in each case the loss threshold is different. The only question is the discipline that allows us to stop in time, but if we are discussing the situation when the player himself ceases to want to play after a series of defeats, then I don’t know how to determine this threshold for me personally. Thank God I haven't reached it yet.

It's often the amount or the number of games I set on auto when I play casino games since I don't usually top up if the balance runs out. Some gamblers even have what they call a weekly or a monthly betting budget but I don't really pay that much attention to that. Sometimes I even find it funny because they tend to ignore it when they're on a losing streak.

My loss threshold was never defined by monetary loss. Rather losses due to controversial judging decisions in MMA.

A high percent of my losses were GGG vs Canelo, Adelaide Byrd scenarios where spectators overwhelmingly thought a fighter won the decision. And judges inexplicably cast their votes in the opposite direction.

That was the main variable in abandoning sports gambling as a serious pursuit. And taking it up as a casual small time thing.

I would guess many others can relate to this. Especially in the 2022 season, which has enjoyed the most controversial judging decisions of all time.

My threshold loss is the money I deposited or allocated I always expected that after the session I can lose that money, I never force my way to win games or the jackpot, if I win that's great if I lose that's part of the game and I'm here to have fun and to keep the adrenaline going it's not the win for me its the fun, the feeling is worth especially when you're playing games like the crash game.

We should not make things complicated. If we do gamble, make sure that be responsible at all times. I don't believe that a certain capital should only be used. It can't even be followed most of the time. It's a distraction for me honestly.

Regardless, know when to stop and not to push through too much even if it's hard to resist.

I'm not setting any threshold or what. That's not even necessary and helpful. As long as I think that something is going wrong now in the middle of my betting session, I will stop and take a break, maybe several hours or another day. Then come back later and will attempt to do another round.

You should know on drawing a line on which if ever you had spent up all the money you had allocated for such sessions then dont tend to deposit or add up more because that would really be causing much bigger problem.

Speaking on winning situation then it would be the same on which you would really be also have that kind of control on stopping right away before you would be giving back those winnings into the house again.

If you are playing with entertainment then most likely you would continue to play but if you are really that greedy then you would do the same thing but if you are really that minding on to make
profits then its up to someones control on stopping midway.We do have different levels of threshold but at least you should stick out in most considerable or fine line.

Gamblers should have their threshold loss to avoid huge losses, you need to have a point where you have to stop and come back next time or when you feel that you have served your needs for entertainment, this is a sign that you have control over your gambling activity.
You know a person is addicted to gambling when you cannot stop him from playing and he has no control on how and when to stop that is why we have a need to set up our own threshold loss and strictly follow it.  

I'm not also setting any threshold since every time I play I have different amount used to play so it will all depends on when I get bored playing. But I make sure I will not exceed 100% total amount of money brought playing since this is bad figures to lose already.

And I'm sure many people also don't have threshold since many people play just to have fun and if continuous playing will be stressful especially when they are in losing side for sure they quit immediately and rest.

In theory, the issue seems simple. Especially if you are making a general record of the total losses and profits that you get while gambling.
The general rule for this will not change: You should never bet on what you cannot afford to lose.
I know that it is never easy for any gambler to control his game mode through the recordings but it might be a good suggestion for those who want to organize their activity on the gambling platforms as this is equally possible and easy.

Not really no. Rather instead of a loss, I just set a maximum amount that I can use to gamble and I'm free to spend it all or not depending on how I feel. I consider that set amount as something I've already lost, so if you can count that as one then that would be mine.

There's instances though where money is left because I won quite a bit, but even then It'd highly depend on how I'm feeling as to whether I'd actually continue or not.

As far as my own observations are concerned, I disagree with the findings of this study. Or perhaps they are referring to occasional gamblers like me. To those who are always gambling, small wins don't count. As a matter of fact, they wouldn't stop gambling even if they are already winning big, to the point that many of them would end up going home with nothing.

And they tolerate not only small losses but even huge losses. I don't know if they even have a loss threshold. Many gamblers I know play down to their last penny. They are willing to pawn or even sell some valuable stuff in order to continue gambling. They don't stop easily.

LOL, just three weeks ago, play 2 nights in a two and never win, so it was painful and frustrating, so I say that I will not play on a land base casino again as I have reach that threshold. But knowing myself, maybe it will just take me a month or two before that addiction sets in again and then go back and play once more. However, we can still play online right? but yeah, I also quit, maybe some occasional sports here and there but not that big bet though as compare to that 2 nights lost that I have suffered.

That's what I was thinking. In my case I only play occasionally and small amounts, although sometimes I can play a bit more but on this board we have seen people telling their own experiences losing money, much more than expected, chasing their losses, which indicates that they didn't have a threshold. Or if they did have a threshold, once they exceeded it, they went into a kind of trance-like state and didn't care.

Everytime I gamble I already have fix amount to use when playing. Im not counting the losses if I spent all my capital and didnt had the chance to win. Its because im not playing to earn (though winning is of course one of the goal if you gamble). If you keep playing even you're in losing streak that can lead to further losses. So instead of having a loss threshold, I have a fix money meant for gambling regardless of the result when I play that amount.

Yeah, for me when I already realized that my losses are too much already that I can't afford anymore to lose some.
For me, having a threshold on gambling is good, it will help you not to get rekt or become bankrupt. Chasing your losses in gambling is very bad especially if you are greedy and you want those back in just short period of time, it's not good.

There are different factors for me like sometimes it'd be related to my bankroll, schedule of matches, and unpredictability since most of my betting is coming from the sportsbook side instead of the casino. There are times when certain events feels way too unexpected then eventually it'll lead me to a few losses in a row encouraging me to stop, call it a day and observe the teams if I plan to continue betting on the upcoming matches. When it's related to my bankroll it's usually because of having an aggressive strategy and my bankroll could only sustain a specific amount of losses.

I am far different from this because I only allot my gambling funds for a certain time , example my monthly budget is 100-300 dollars only as that is the amount me and my wife come to agreement .
so when that was reached then I will stop playing , but also I have a target win like doubling my capital, If i am using 200$ to gamble? when i reached 400 then I quit.

I can't determine the threshold in every time I play gambling, it depends on what I'm playing. but if you refer to what you describe according to research, gamblers are happy with small wins it is true and tolerate small losses, but when a gambler has reached the threshold of losing I think this is different for each person, if the gambler has a tendency to addiction it is very possible he  will deposit money back to play. Referring to the op's question: I only allocate 5% of the weekly money regardless of winning or losing.

My threshold of loss is really low, but I have always gambled with small amounts of money.
When I saw this forum thread title, I thought that you are going to discuss about crypto casinos imposing a threshold of loss, above which the gamblers aren't allowed to bet money on that particular casino. I guess that no crypto or fiat casino in the world would agree to put limits on it's own revenue and profits. Casinos are the making most of their money out of the gambling addicts. Sad but true.
This study doesn't bring anything new to the table. We already know that most players gamble for fun and the hardcore gambling addicts are a minority.

I thought when people start losing they end up chasing their loss until they can no longer afford to lose. I have seen many gamblers that have reached their loss threshold but end up gambling more to cover all their loss. It in most cases, never ended well at all.

Don't know about me, but I guess it would be their whole balance?

$300 in a day loss. I can still remember the emotional state it brought me after that.
It may be small for others but for a third-world country that's a month of salary now and even for a high-rank employee 5 years ago.
A stupid mistake trying to chase for my loss which we all know is an ingredient for chaos to lose more and it did happen.
I changed the game I play to sports betting because dice are where you wouldn't stop betting. Now, I only bet once a day and would not even reach that amount.

In my case playing poker the threshold I have is more mental than economic. If you play EV+, even if you are losing it's worth to keep playing as long as it doesn't affect your mental state. But if you have been losing a lot and you start to feel a bit tired or something, it's better to stop playing.

Most likely it is the amount as you described in which a gambler can no longer tolerate a loss.For me this amount has been to lose a really huge amount of money,at least to me because the price of Bitcoin was really big back then,I lost like 0.29 Bitcoin when its price was like 48.000 dollars,since then I laid down really angry but stayed like that for all night thinking of what I have done and thinking of what could I have bought with that amount of money,and it was a lot of things.We as gamblers don't think like that when we are playing as if we did then quitting would be easy.

Every time I play online gambling in crypto, I don't think about how much I should lose in gambling, as long as I can be sure that the amount of money I put into the gambling platform is not big. Maybe for the big ones who are really into casino online gambling, I can say that there is a threshold limit to avoid too much loss. It seems that you still have control over money when we know we are losing at gambling.

Yeah that happens regularly to me when I gamble. Usually I have fixed budgets per week that I give myself to gamble with and when I lose my budget than I have to stop playing for that week. So it's kind of my budget is my weekly loss threshold, whereas winnings I try to take out of the budget and save it for the next weeks. Maybe my threshold is set too low, but I hit it quite regularly. For example, two weeks ago I was playing poker and had AA, so I went all in and lost all. After rebuying and a few hands later I had a flush and went all in and lost it all again because someone else had a higher flush. Then I played a few hands roulette trying to recover and lost again. In less than two hours I reached my loss threshold for the week and had to stop gambling. In the past when I don't give myself a fixed budget for gambling I tend to gamble too much and my losses become higher. With the fixed budget my winnings are smaller but so are also my losses, it's the best approach for me to enjoy gambling long term without losing too much.

I don't remember when I was on the verge of losing but clearly, I never lingered in gambling because I know that the longer I gamble, I run the risk of losing more money and the temptation to deposit some money will be even greater. That's why when I feel I've had enough gambling, whatever the risk, I will stop immediately and leave the casino site. And if I have won, I will immediately stop gambling regardless of the amount. Maybe I'll go back to gambling a few days or weeks later.

When I was still a degenerate, my threshold is $100, and anything more than that is clearly due to my 'mild addiction' that thankfully I managed to curb. I would go on and play for hours upon hours not realizing that I've already deposited a handful of times before I come to my senses. It took me some months before I shifted my interest into something else for a bit and when I came back, I only played for fun and to kill time which I'm still doing up until now.

Well before when I am very addicted to poker games either online or offline.
I still remember is freshly I gambled my 1 month earning on a signature campaign, I managed to earn profit for a short while and it triggered my addiction and I consistently gambled every day. But in the end --I did not notice that my money that was deposited on gambling had been lost everything until such day I am trying to control my temper and promise myself not to gamble again. But the result was I am still here and wanted to gamble and come back sometime when I have free time and extra money to gamble, ^{[not like before]}.

That is the best, to have a weekly or monthly budget for gambling, but out of 100% of the weekly or monthly budget, I expect less than 5% to be for gambling while others should be for family finance and savings. Anyone that do not consider gambling as a way to make money will not find himself using more than the weekly or monthly budget. Sometimes I even use lesser than the weekly budget.

I either. That is the problem in gambling, putting the amount they can not afford to lose, if loss is the result, the person will think about it and it can even lead to depression. I still wonder why some people just like to go through the depressed state of mind which is not helpful for the body at all, if they use the amount they can afford to lose, they will not be depressed if they lose.

My loss threshold is when I lost my 2 week signature campaign payout on a single click in dice at a bitcoin price hovering around $15k per coin.

Like what the hell just happened a few seconds ago  ::). You literally busted a few hundred dollars of hardwork in a blink of an eye. This maybe considered small loss to others but for someone living in a 3rd world country -- that amount can feed you for a month.

We know how gambling gives fun to the player at the same time it has full of risk because we don't know the possible outcome of the game, some of the players already celebrate the small wins but if you will check at the bigger picture it has a lot of losses than the wins, well it depends on the perspective of the player some of them as long as they enjoy the game for sure they will regret, base on my experience i tried to play a planko and i win before in slot games after that of spamming ball i didn't notice that my balance went to zero its almost a hundred dollars of earnings i lose in just enjoying the game.

Absolutely!
This is actually dangerous for those bears a lot of money in their online gambling account, or someone who brought a lot of money inside the casino. Once you lost your composure, you'll start becoming frustrated, and once that happens it might cost you all of the money you have.
It somehow starts with mental before economic when we're talking about threshold of loss in gambling.

Threshold is something we should always consider if we don't want to get ourselves in trouble of gambling addiction. Gambling addiction can be as a result of not sticking to our threshold. Once I use up my threshold, I stop betting till another day that I might be interested in playing bets. As we gamble, we should be prepared to plan ourselves so we don't fall into a bad habit of using up our threshold and adding more fund due to the urge we get when we gamble.

I remember a time where I was around 15-16 years old and crate keys were introduced in Dota 2 back then. When such was introduced, this almost became the main currency of trading rares and items on the game. The process goes like this: a bot will add you and you guys will pay BlackJack via Steam chat. If you win the bet, the bot will automatically trade you the amount that you wagered x2.

Furthermore, I started betting with one key until I was able to profit to at least 30 keys. My loss threshold was around 5 keys but when I started experiencing a losing streak, my keys dropped from 30 to 15 and to 2. I managed to recover from 2 to 16 keys but I did a 50/50 and eventually loss all of my keys in the process.

I think the minimum threshold of a gambler with another will be very different because one gambler may not remember the loss threshold while gambling because he does not calculate how much money he used to gamble. Me too because I'm just playing and maybe not using 50% of the total money in my account. Maybe I can stop when I win a few spins or get $1-$5 because I'm not after gambling profits. But if I lose, I always try not to go over $5 and if the $5 limit is the loss threshold @OP is referring to, maybe $5 is the loss threshold I can accept.

For poker players, I imagine pretty huge because of the pot. I don't see myself adding a dollar to it when I got nothing in my cards but some who are good with bluff will do. Me losing just $25 in a boxing match is something I already have to rethink why I decided to bet on the boxer. A slight regret probably and will then have to adjust how I analyze again both boxers.

Losing $25 from a boxing match and $25 more from soccer will already make me think of which sport I'm not good at analyzing players. Too small for a threshold I guess but its going to occupy my mind for a day thinking why I lose.

I remember the incident that happened to me in a loss, it happened 3 years ago, where I had to accept the fact that I lost in gambling due to my own greed.

I made a bet on one of the gambling sites with two games that I bet on Roulette and slots, with a capital of $ 30, first I played a game of Roulette, I won and was paid x14, total: $ 420, because I was too excited, I bet half the budget in the slot, won again, because I was greedy, I risked all the money, the end of the story I lost all capital and the initial win was exhausted.

Those are the moments and events of losses in gambling that I have ever experienced and I remember until now, so I realized that greed in the world of gambling can make me suffer a total loss.

Chasing aka Martingale is also found in sports. Some bettors like to bet on a team until it wins/loses and this also leads to maximum losses. But of course it's hard to compare to dice where you can bet every second without having to wait for the next round of competition like in sports. I have also given up dice completely lately, although I really like this game and have focused on betting.

Remember, sure. But isn't this included in the strategy of setting a budget in gambling, where gamblers must be able to manage the bets issued when they have reached the point of losing? as a professional gambler this may be into their strategy, but not with gamblers who are just for fun, and fill at least their free time to pleasure.

Your plan is good . If someone lose his deposit and he is addicted to gambling and keeps depositing there to recover his loss. Then it will take a more horrible form for him and he will face a bigger kind of losses. So it is better to stop gamble when you loss your 70-80% of first deposit

We have different allocated funds for gambling so for sure, we have have different threshold. I'm only allocating a 10% portion of my salary for gambling and I usually stop whenever I lose all of it. I don't want to exceed and then regret things later on. I don't want to try hard to recover my losses using the funds that I can't afford to lose so I really control my emotions.

I have an experience like many others have got that bad feeling of losing so much. I think around 2 years ago or close to it that I experienced it but in my own case was not a bet money, it was a potential winning that I should have cashed out. I bet on soccer games but with little risk and when I lose it I don't chase back my money as it is dangerous to do because you will keep losing. At times I also take a break if I have made consecutive losses.

Almost every gambler would have faced this. For me it was around 2 years ago when I was gambling at various sites.
I was chasing my wins and in the process made many losses. It was one of those times that I realized this is the limit.
After that I pretty much placed small bets and never crosses my threshold ever again.

Some people may think that is too much money which is destined towards gambling but in my opinion if you like gambling that much then it makes sense to spend such amount to entertain yourself and use it in something you like, however the issue is that many people do not have any clear limits and in many cases even if they do have them they do not respect them, and that is when they begin to have problems to control their gambling which could eventually develop into an addiction.

I don't really remember exactly what the threshold for the number of losses was, but when it comes to winnings, maybe I can still count them. In terms of gambling I really enjoy the process, I mean non-addiction makes me feel more comfortable and at ease without worrying about having to lose more.

I think for most people, they go into the gambling world without a plan or a strategy and obviously without a threshold. They just keep on gambling until all the money they own (or money that they have brought with them) is completely and utterly lost.

I would say that most think with the mentality which is that "If I can win back my loss, everything will be ok again. I just need to double down on my bet and risk everything". This is not only dangerous but foolish. But it is within human nature so I don't think anyone can be made to blame.

Best thing to do is to decide the threshold of loss beforehand and have enough discipline to leave the gambling site once you have reached it.

It's necessary to have a plan or a target spending when it come to gambling else you may end up emptying all you have in your account. I think it's safe to say one loss after gambling is enough or me to withdraw. I could set out a specific amount for that purpose, but the thought of continuing after the first loss doesn't seem appealing any longer.

I don't have any threshold when am gambling.  I usually use my spare funds for it. Ones I loose the actual amount I have as extra funds, then I am done with games at that time. In the case of having threshold for wins, its quite difficult for me because sometimes it is my immediate needs that determines when I would quit. Maybe if I have a need to pay some bills, immediately I win that amount of money, I might stop the game for the day and go home and celebrate by paying the due or pressing bill. Generally I ensure that I don't gamble more than I can afford to loose comfortably.    

To be honest, I didn’t really understand the meaning of this study (what new did it discover?) and I would say that the threshold after reaching which the player stops playing is always very different - even for one person. If the salary is still far away and there is already little money, then most likely the threshold will be very low, hehehe. By the way, I had a classmate with probably the smallest loss threshold I've ever seen - he hated to lose, so he basically didn't play competitive games. He never tried arm wrestling even if he was twice the size of his opponent.

Gambling is fun if your goal is to have fun only but for those that goal is to earn and they didn't met their expectations then gambling can be stressful for them. Not all can enjoy on a land based casinos because they are noises around but they can enjoy more if they will play online on their own room while there can be some that want's the real thing (machines) and then they love to socialize with other people in a physical way.

In order to be successful at gambling, one must not count his losses because if you do then it will only give you a bad feeling and can discourage you to play gambling again but there are those who count their losses and then will try to recover it even if they know that it's almost impossible.

Actually you have to create a data table (excel) that the allocation of money has been used for the threshold in gambling, it will be easier to calculate the winnings based on the amount of money that has been deposited into gambling, if you don't have a table yet, you can take data from the deposit history and add the winning column from gambling then you will know the actual win/loss results so far.

I don't think about the threshold of losing or winning because for me it's not important let alone create a table in excal about deposit data if that I know I might be surprised because a lot has been deposited so I forgot and never made a table for it.
For me, gambling is fun, so there is no need to create data tables like that, but for me to lose or win, it's normal, there is no need to think too much even though I have been in gambling for a long time but my goal is not to win big, it's just a game that I want all this time.
If I remember from the ratio, maybe there are more losses than wins.

If you have succeeded in doing that, then your emotional management has been successful. It is quite difficult to train emotions and mentally, because I myself know that emotional and mental management is almost similar to trading. Those who do not have will continue to lust for profit and return losses, although in the end they will lose. It took me years to learn that. Although gambling is different, emotional control is a major factor. If your emotions cannot be managed then everything will be damaged, it should not happen to gambling or trading.

He value his money for sure  ::) going back to the topic; I see your point, and it's true that gamblers have a different threshold

some can do large amount while others have only limited and they are fully aware of how to limit their gambling activities, though by doing

this as a gambler, the chance that you can see the value of your losses and your earnings, you can adjust if you see that your analysis serves

well and gives you a higher chance of winning and vice versa.

Emotional management is one of the most crucial thing that should really be learnt off specially when you are dealing with gambling or any other thing which does really need proper control on burst of emotions because with this you could really affect your decisions to be made ahead and we know that decisions on stopping when at lose is very crucial thats why on the time that you do able to stop
mid way without any problems then you had definitely able to achieve that emotional management where people should really be learning since from the start.
Dont make yourself get wrecked by gambling in terms of finances just because you had made out bad decisions due to greed and becoming that impulsive.

I'm sure gamblers really object to making data tables from gambling deposits, I'm not surprised that many have the same response because gamblers have realized that they often lose compared to winning and I only suggest a solution for gamblers who want to have detailed financial data in gambling, but the ratio of losing /win is meaningless to gamblers who enjoy it as entertainment, they tend to only deposit low funds to gamble.

It was Monday of this week.  My threshold of loss while gambling is 30% of my income. This Monday after the sig payment, I played in Betplay depositing 30% of my signature payment.  It was good in the beginning then a series of red streaks hit me until my bankroll runs out.

I'd have those days as well where I struggle to get at least one win but I don't think that's small for a threshold because not everyone has a similar bankroll and others follow different unit sizing. Even though it's only a couple of losses it could be a big loss depending on the way you handle your bankroll.

Putting all of the different methods in some kind of list will be interesting to see but I doubt OP is willing to do so.

Now I don't have or apply thresholds in gambling because I bet for fun due to busy activities, and only play on weekends and that too when I have the urge to play and play with a little extra money and with time limits.
and before I had a permanent job the threshold when playing gambling was always there but sometimes the threshold was not thought about and gambled without thinking about anything, there was playing capital and there was no not playing without thinking about previous losses or wins. And there is only a desire to play when you already have the capital even though regrets are always there but ignored. And busyness really helps us reduce or even stop gambling activities.

When gambling I always keep in mind which way I am heading.  If I lose more than 30% of my deposit.  Then I stop gambling and stop gambling for at least 5-6 hours. Then try to play well again. And if I am able to make more than 30% profit.  Then I withdrew it immediately. I try to refrain from gambling addiction

If only gamblers are like this, I mean they stop when they hit a certain threshold of loss, then huge losses and even gambling addiction could be avoided. If only gamblers are already satisfied with small wins, then greed resulting to the loss of winning prizes and even a much bigger loss, could also be avoided.

I myself only set aside a small amount of money for gambling. It is basically for fun so whether it wins or not, I would quit after a while.

Usually if I lose the amount I earn from the signature campaign week it's already enough to stop playing and to give a break for a decent time. This way, i don't lose too much money and I can always have hopes and expectations of recovering that amount someday later. It has already happened with a 50$ loss or something like that during a very short gambling session, and I felt a bitter taste on my mouth. That was my loss threshold.

By managing losses we can keep gambling without any issues on long run. The problem starts when the gambler can't stop anymore and keeps losing hundreds or thousands of dollars every time he decides playing. Then gambling stops being a hobby and starts being a curse on his life...

Yes, we have a different allocation of funds, especially for small gamblers who don't have big funds but still want to play gambling. We will definitely set aside a small part of our money to play gambling and will not deposit another amount of money if we lose. I also quit immediately if I lost everything and like last night, I had already lost $3 playing slots and once the money ran out, I just quit. I didn't think about the loss because I understood that that's what happens in gambling games.

I was not a big gambler, but at some situation I was forced to gamble. I started with a long term holding amount. It got lost and I had kept aside small fund believing in the growth of ethereum. By then it was just 5-10 ethereum. Started to play and within a days time I made it 100 ethereum. The same day within few seconds I lost everything. I was completely down for the next few weeks. It happened back in 2017. If I had kept what I kept aside I would've been free. Even after years if think of the incident, I feel bad and I wasn't able to make even a single ethereum further.

That's some nice strategy there, but never think those are free money though as you have worked for it and deserve it. Personally I love gambling with casino bonuses and the profit received form the bets. I have received multiple during my stay on the forum so the outcome of that bonus determine if I'll invest some more into betting or just retiring for the day. Since I'm not getting my daily bread from gaming I'm not force to gamble daily or more frequently although every now and then I place bets especially when they're soccer games ongoing.

Having a point at which you'll stop gambling is very effective as that help to minimize you lost because if you don't have boundaries you could probably gamble always all your available funds due to the addictiveness of the. Without this boundaries them you could be tempted into revenge gambling since the funds are available and you still have enthusiasm.

Playing at the current signature campaign is a good thing too because we can experience their services at the same time that's good to gamble what we can afford to lose, i do the same but in just a one time per week because I'm not totally good at gambling mostly with the card games and i cant risk a more than close to thousand because for me the earning with it is all about the daily use for living and if there's a small extra i do commit gambling too, having a gambling plan and limit is an ideal thing to do to prevent getting too much addicted.

There is a psychological law - people are more afraid of losing than they want to win in gambling. 

Therefore, when losing a certain amount of money, the player loses the motivation to continue playing. 

How to determine the amount of money lost after reaching which the player no longer wants to continue gambling?  This is a difficult question ...

For each specific player, this amount is determined individually.  This is usually a beautiful (round) number.  For example, 100$ or 1000$. 

After losing such a sum of money, the player is afraid of getting even more losses and becomes depressed.

I think this psychological level is true but if we see the winners of huge jackpots won not only in Las Vegas but also in online casinos,the people who usually win them are people who are not afraid of passing that psychological level of losing money,they are firmly convinced in themselves that whatever amount of money I lose even some amount that would make me feel sad for a long time,I need to continue because I am waiting to win the jackpot or maximum pay line of one of the slots.

To be like these people though as they say it takes to have balls and to have a lot of courage no matter the happenings during such sessions,that is why there extremely few people who enjoy these kind of jackpots in the world.

I can't remember because it happened multiple times, I'd say, more than a hundred times. I have a daily limit which is different depending on how much I earn at the time, and when the limit is exceeded I usually stop. It can be a daily limit, or a session limit, and sometimes, although rare, it's a weekly limit that is exceeded in one day. Yeah, that's actually bad, I know. That means I exceed several times my daily limit. Nothing to be proud of, really. But what I am proud of is I don't play for a week after that. I don't try to recover my looses so that I could play again tomorrow. No. I just stop, and forget about gambling for a week.

If you're there for fun and experience a lot of losing, you'll be leaving the game pretty quickly. Take a poker table experience for example, if you are a short stack against a lot of deep stacks - they can apply a lot of pressure to you and make much riskier plays, so you better be damn good at the game or they will eventually knock you out even if it's just stealing the small & big blinds. The best thing you can do with most casinos is simply try to maximize the welcome bonuses and any promotions, because outside of that they are likely to win long term. They want you to build a habit, so the best thing to do is keep your play casual and irregular. My biggest recent loss was at a poker table in a casino and it's draining playing against pros when you know you are the fish.

You may still have control and be able to control your emotions at gambling, but most people when they have experienced a lot of losses and cross their loss threshold, they will panic more and not think about how much they have lost. it will get really bad if you keep repeating it every day. But you choose not to play for a week when the loss threshold has been exceeded. Trying to recover from a defeat with unstable emotions and done only in the same day, will only result in another defeat.
I just wanted to ask, do you have any other strategy to really recover from all those losses?

I don't think there is a strategy to recover from losses.
Maybe you can play in a smart way, avoiding risky play and try to maximize your gain... but why play in such way only when you are in loss? you should have this approach anyway anytime. A real gambler must maximize profit in all possible ways, everytime!

As soon as i realize that i have reached the losing threshold, i stop gambling. But the people around me don't think so. The more they lose, the more they play. The amount of money they gamble increases to make up for their losses, but they lose. The result is extreme stress and loss of money. First of all, trust yourself. The key is to set a strategy. Don't be blind to make money. Set your loss threshold and stop gambling as soon as you get close. Habits are hard to break, but you can if you want to.

Frankly speaking, there has always been some inner core in me that kept me from reaching the threshold of losing during gambling in time. I always somehow understood that I had to stop and wait for a little. I can say that I have a guardian angel in this regard. 

Just interesting though that the reports touches on two aspects: “hot hand myth,” and "gamblers fallacy", two erroneous believes. And take note that this article has been published in 2009, pre-pandemic and maybe there could be newer studies about the behavior of gamblers and the so called threshold losses in gambling. I'm not saying that it is not applicable to the present day, but maybe there could be new development on the gamblers mindset now, specially that majority has been into online gambling in the pandemic era.

I do remember. I think this is one of the unforgettable things in my life and I bet there are others who have the same experience.
When you are rekt with nothing left in either wallet or pocket, you won't absolutely forget it.  :D

Slots. I preferred Dice online but Slots when it comes to land casinos. It's more fun.
When I lost that amount in slots that I won't mention I feel terrible when I got home. I keep telling myself that's not me. I always have a number to stop but I keep on trying to get even and I didn't reach it until I end up with nothing.

some people have the strategies in their gambling booklist of particular amount they are to use for gambling in case of losing it, people who don't know the particular amount how to spend in gambling weekly is not a good gambler, I believe not those people who do not calculate the profit and lost the making gambling per week and per month and then compare the amount of money lost and the amount of money gain for any specific amount of gambling the make is addicted in gamble. So any reasonable gambler supposed to know how much he or her supposed to go for gambling per day and per week.

You still have your sanity in gambling when you still think of your threshold loss, people should have and define the line of the boundary where you need to stop, when you cannot define and hold on to that line then you are on the brink of losing your control, you must always remember where your threshold loss and hold on to it, even there is a temptation to keep, and that temptation is when you are having a stroke of good lucks.

Sad story. Judging by the one-time loss, you used Martingale and met with a long unfortunate series of results? By the way, in this situation, the problem is not even gambling. In those years, many people had different cryptocurrencies and sold and bought them. Those who sold found themselves in an orge loser than those who bought and held them until the next bull cycle.

Ethereum peak rose at the end of 2017 which has reached $750 more but I can't imagine 2017 you lost 100 ETH in an instant it certainly leaves bitter memories that will never be forgotten, but it's not really your luck so you have to spend more, now maybe it's not it will happen again but big wins in gambling like 2017 are difficult to repeat again, the only thing is that you have to be able to collect more, although now it is different but collecting Ethereum in gambling is very difficult.

Of course, but sometimes I go aggressive and stay undisciplined because I like to chase my losses and the worst thing happened. Therefore, it's very important that we stay disciplined while gambling because the risk is high and the worst-case scenario is we might end up homeless because we become addicted to gambling.

Loss goes on with the life but the loss in gambling is more Critical in the crypto market as gambling means the way to Lose or Win here is your luck which is always bad but pretty decent sometimes so accept the loss as the experience of life to lwarn something

I've been aggressive when my losses as well. I used to bet more whenever I lost but still ended up losing more. I learned that it's important that we manage to control our greed and emotions when gambling. Sometimes, pausing or stopping for a while to rest and relax will be a big help rather than betting continuously without having the right mindset.

I still often feel undisciplined following the rules I have made myself because of the temptation of gambling which causes me to deposit money again when I lose. But I was lucky I didn't spend the second deposit that day because my conscious mind could still remind me that it was enough, and I had to stop immediately. I realize it's very difficult to stay disciplined with the rules we make, and it takes time always to be able to stay disciplined.

well in my case I do the following:

I deposit an amount X and I play with that amount X, sometimes I manage to make a profit and then withdraw the profit and continue playing with the amount X, in case I lose all the amount X that I deposited? I stop playing for a while, I give it some time to think about where I went wrong and then I deposit another amount X and continue playing, and I repeat the same process: whenever I have some profit I withdraw and whenever I lose all the X money I deposited I stop for awhile to see where I went wrong that made me lose all the money I deposited and then I deposit again

I follow this cycle and I don't change

I don't really know how to answer the question about the threshold of loss in gambling, for example, I'm unlucky in gambling and I realized this for myself a long time ago, so this is really an individual concept, for professional players it should be fundamental, but I play with what I don't mind losing. :)

I can understand that this is not easy, of course. It is a clear indication of the onset of signs of addiction.
The solution from my point of view is to record all profits and losses after making the first deposit. And before making more consecutive deposits, these recordings will help the mind to make a more reasonable and wise decision. I've seen this in a mind experiment conducted by experts in behavioral addictions, but unfortunately, more than 90 percent of gamblers do not have the time to make such recordings.

I don't really like calculations using tables to accumulate finances in terms of gambling. Because usually it is often done by people who are too economist in terms of spending. The struggle is still entertainment, and in this case, taking into account every time we lose I believe the defeat is much bigger than what we get. Certainly not too free to bet. But your advice is indeed effective for them in terms of controlling finances.

Same here. I know others are recording everything but for me using Excel, notes, or sheets to record our winning and losing is not even my option.

Don't get me wrong here and I'm not saying it's a bad thing. It's just that, it's something a hassle thing for me to do and it won't make me a better gambler in general. As long as I am able to control my threshold in every of my betting session, be it on sports betting or slot games, I can manage my bankroll and finance properly. That's what matters here.

Besides, if there's a time that I need to look at my betting stats, history of winnings, and losing, that should be all recorded on our gambling site by default.

Individual are different, we are not the same, some people can have a book to calculate their monthly income, how they will spend some and how they will save some, there is nothing bad in that, it can go beyond gambling, just that the amount of money that will be allocated on gambling will be included also also among. As for me, I am not like that though, but having this kind of calculations can help in managing finances.

Threshold could really be different and as mentioned that we are on different situations in terms of those things around or simply capacity or capability in terms of finances.
Some does have a high paying job and some do only earn basic wage which is only good for day to day living which means spending on other means or leisure wont really be prioritize
or something like that. Losses could not be always in mean with gambling but also in expenses as well which is really just a typical stuff.The important thing on here is that someone do knows
on how to control their finances so that they wont really be ending up on having a big problem afterwards when everything turns out to be inevitable or unavoidable.

I agree with you guys, maybe the system to control the threshold is more than enough. but indeed as a diligent person he will evaluate the calculation of the amount he spends. It can only be in one casino, but what if it is in several casinos? it's quite difficult. We want to bet here for fun which is still within the scope of controlling the betting threshold.

You are right, people will have a different type of loss calculation than the amount deposited in each casino. Doing calculations regularly is not the type of gambler who always evaluates after playing and doing research on his gambling. In addition, generally just limit the bet every week and try to compare it to the nominal on last week's bet.

because some people will only get up when in a situation that is not possible and a stressful situation such as experiencing a lot of losses.
I'm just asking if you really have a strategy in such circumstances.
Playing smart with maximizing profit as you mean may be everyone's goal, but everyone will have a different approach, have a different level of emotional stability, even those who are too greedy continue to fall into losses.
A true gambler will not only think about profits, but he will also think about how to avoid losses to a minimum even though he does not get profits when circumstances do not allow.

Everyone gets REKT in gambling, no question about it, whether you have threshold is maybe different from everyone. Maybe others will curse gambling for good and not going to play because they have lost so much money. On the other hand, there are gamblers that will continue even loses after loses. For me, I'm not that of a big gambler so maybe just a couple of hundred dollars for me is the threshold.

I don't know what it feels like to hit this threshold. I have always gambled with spare money and not what i reserved for investment so most of the time i don't gamble to win but just for fun, a way to while away time. It is difficult most times trying to relate with those who have lost much to gambling because i keep my risk affordable. Why i feel scared of going extreme with gambling is the fear of getting addicted because i know if i start

i have been gambling since 2015 until now, i still play gambling. and i really like gambling poker.


i remember in the year around 2018 i experienced the biggest loss threshold of my lifetime.
i lost all the money in my bank and closed my business shop. at that time i won from gambling poker equivalent to $ 10,000 with a capital of $ 500 and stupidly i didn't withdraw some of my winnings to be safe in a private bank, instead i continued the game with the winning money hoping to win more than $ 10,000. but that's when my loss threshold was actually visible, it's just that i ignored the problem and was too focused on getting bigger.
and after that i lost until the money i got ran out was not left. after that i didn't want to lose to the bookie and sold some valuables for gambling capital. but after selling all my valuables, not getting wins but continuous defeats i got and i lost everything.
after that i stopped playing gambling and improved my life by opening a business using bank loan money.

and for 3 years i stopped gambling i came back here to join the signature campaign payment btc for gambling capital again. ;D


all the stories that i tell are examples of when i really felt a very large loss threshold because of the stupidity that i did when gambling

I wonder if that threshold causes the person to totally abandon gambling or just a temporary pause and will still gamble when given more funds or opportunity. If there is such a threshold that will totally stop a gambler from gambling, then there would be less chronic gamblers that gambles their life and fortune away. Maybe this study is only applicable to casual gamblers who regrets gambling when faced with large losses.

There is a set amount allocated to sports betting for me. And I do not do casino games, so there is no chance for me to overspend or reach my threshold.

In my initial gambling days, i never accepted my loses and always try to recover them by chasing my loses.  In these loss recovery chases, i used to lose a lot of money. The reason is that when you are chasing your loss, you are not playing normally, you are in control by your emotions and you can never win in gambling if you are not clam.
Later, i stop doing this and as soon as i lose money, i quit gambling and take the rest. We have to accept that we cannot win all games in gambling and losing is a part of  gambling.

Your solution may work well, but it requires discipline to keep a record of all the advantages and disadvantages. While many of us are lazy to write down. Maybe we can do it for a week, but after that, I don't know for sure ;D

But if we really want to monitor our activities in gambling, keeping a record of profits and losses, deposits and withdrawals are necessary to know how much money we have used. From there, we can assess whether we need to reduce the amount of money or whether we should just stop gambling. This could help us to control ourselves playing gambling and not spend too much money to play gambling.

I cannot speak for other people, but I am a very disciplined gambler. I have a weekly "entertainment" budget for gambling, so I make sure that I pay all my expenses first and then allow for a small portion of my remaining budget to go towards "gambling".

The problems start when you start to dive into the budget for the other things for which you have to pay for.... and when you use that for gambling. I hope other people will follow the same strategy to prevent "gambling addiction" problems.  :(

I don't have discipline problems either, but sometimes I run into a problem situation: for example, I have a budget for a game and I never go over it. But sometimes I win extra money (let's say it's 5 times the budget) and the question arises - withdraw it or keep playing? In fact, this is not much money, so I want to once again increase their number several times, but I understand that it would be more correct to withdraw them.

Having a gambling budget is a good idea, some people do not see this with good eyes as they think that for a person to have some money destined to gambling already then that person must have some problems with their gambling, but in fact it is the opposite, those which have a budget for their gambling activities are the ones that have the most control over their gambling as if at any moment they spend their gambling budget then they stop gambling immediately and then do something else to entertain themselves.

I also said that to myself that I need to play with some budget, but guess what, it's not going to happen specially if you lost a lot in the beginning. So kudos for those who can play within budget, but that could be more on an exception rather the norm in gambling. So it's either no gambling at all instead of playing within a budget because it's really hard to control when you are in to it.

It depends on what kind of gambling I was playing. If it's just some small bets, I would allow at most $100 for a day. Any more than that, I think it will be stuck on my mind for days and lead to bad productivity for the days after that. For one time where a team I like was playing or I'm feeling lucky, $1000 at most.

I think the method you are using should be imitated instead of doing more difficult calculations like the people above. Allocate funds from the remaining basic needs, and you use them according to the balance that has been set every week. In my opinion, this is much more effective and applies simple discipline but gives the impression of a limit on the money spent. This should be a consideration for people who find it difficult to manage their finances in gambling.

That's good that you don't find it difficult to use your money to gamble and will never increase the amount of money you spend because it won't always give you good results either. It is better to have a limit on gambling so that we will never experience a big loss because we can control the amount of money we use. It also helps us in overcoming addiction problems that can come at any time. If we keep doing this, we can surely enjoy gambling and avoid addiction.

I am very strict with the way I gambled, once I made some profits I quickly transfer my profits to my wallet and continue gambling with the remaining funds to avoid the temptations of gambling with higher funds as well as losing it, though in few occasions if I lost all my funds on gambling I will deposit another small fund and repeat the whole process again in a long run I earn some reasonable amount of profits though I have to be extra careful and avoid greediness while aiming for small profits all these requires some discipline and rules which I followed wholeheartedly.

The saddest loss I can remember was, when I had to burn $600 in one day for losing. Initially only made a very small deposit, only $30, the loss made me angry and then I played for an additional $100, when this additional ran out, I added an initial, until this loss consumed all. This happened a few months ago. Until now, I have not been able to win with that amount. the best wins only end up at $200 and, I use money from thwse win to gamble again, you can make a guess what will happen. LOL.

I think not all gamblers have limits in gambling, only gamblers who apply discipline will remember or realize that when they reach the threshold of losing it is their time to stop. Therefore, most of those who cannot manage their finances in gambling are not aware of the higher loss threshold because they will continue to bet as long as they have money. It is unfortunate indeed, but cases like this are indeed difficult to avoid, especially for those who do not have much experience in gambling.

I guess it's safe to assume that all of us have already experienced budgeting our gambling activities and try to stick with the allocated amount of money or crypto. However, in times where we experience a great loss, we try to make a comeback or to recovery our losses by depositing more than what we've allocated. I, myself, also experience this situation but as time goes on I have managed to limit and stick with my budget or gambling time. What made my avoid my gambling addiction is by focusing on work and other activities.

It will not require much effort if the user uses one platform, as the system of that platform records all withdrawals and deposits in addition to the amount used in each bet and the amount of interest from it, negatively or positively. The matter becomes more complicated if a person uses more than one platform simultaneously, which makes it more difficult to find recordings without having to save them manually, which does not seem an easy process for anyone, regardless of his level.

You said it right, with discipline you'll be able to achieve your target, but without it the next you know is you already run out of fund.

It's more about how you balance yourself during the game, setting your target profits and losses. If you fill it up, then you have a better chance

of winning though if adrenaline comes up and the thinking that you can have more or win more, expect that you'll lose everything and

the chance that you'll going to add more.

That same goes for me too. If I gamble, I make sure I have my own intended funds for that, and if ever I lose that, that serves only for now. I’ll take my off and leave. I guess the time when you reach the threshold of loss, well maybe if you’re just a disciplined gambler, then you will not chase your losses and stop gambling right away. Otherwise, you will fall into a deep loss especially if you keep biting their offers and free bonuses, you will eventually get rekt in gambling.

They key on here is that you should set out limits and be discplined.Dont really tend to chase up losses because as said that would really make you desperate which it is likely you would really be ending up

on depositing once again and lost it all over which is really a very common scenario to happen and thats why gambling business is profitable because of these type of people.Some are really in control
but majority is really having that impulsive or highly reactive and easily rage out.

Well its a personal kind of perception on gambling because there are some who are good on control and some are not.

Yes, that's true. Those who use more than one platform may find it difficult to check from one platform to another, which is also time-consuming. Maybe he can create his own database using an application on his computer or phone and separate it from one platform to another. Thus, each data will not be mixed, and if he wants to do a check, he can collect the data based on each platform.

I am kind of an old-fashioned person so I prefer to keep all my records by myself, I know that casinos do this on their own in order to make this job easier on the gambler that wants to keep track of how much money they have spend over their time gambling at that casino, but I prefer to keep those records on my own as this make those expenses more real in my mind, and in that way I can keep myself in check and never get carried away when I gamble.

Unfortunately, no one does this.
Gamblers can be divided into two groups, one group addicted to gambling and practicing it intensively and is therefore only interested in playing whether it is winning or losing, and another group practicing gambling as a hobby and does not need to record the results of its bets.
These will remain just suggestions as solutions for addicts who want to phase out excessive gambling .

Yes you are making sense, praying gambling happens to be first thing to do with money it is a big problem.  But when money is being solve for major things that are important , it can be difficult for gambling to take all the money one has. Gambling should be played with extra money , not money that is supposed to spend on daily financial problems.

That's good for you because it can help track the use of money to play gambling. That way, you can calculate how much money is being used, so maybe you can reduce it if you feel the use of money is too big. I did not record my activities in gambling because I felt that I did not use a lot of money, and I had prepared the money only for gambling and nothing more.

We can provide solutions to them, especially if they tell us about their gambling problems. And if they really want to stop their gambling activities, we can help them by providing solutions about what they should do, and we can also accompany them so that they don't feel alone.

I think that threshold of loss various between gambler to gambler, it depends from his income ecc. About me, there isn't a threshold of loss, when I start to realize that I'm losing too much, I leave casino and go to have a

walk, and will come to play in another day. I prefer to work on my psicology, and not with my threshold, because sometimes you lost too much, but also sometimes you realize giant win, so, two things is compared between

them.

According to statistics issued by the World Health Organizations and research in the field of health, very few addicts to gambling are admitted to being in a condition that requires medical intervention. The absence of a mental health culture in most parts of the world makes the percentage of people treated for addiction very low.
On the other hand, those who receive treatment in the form of assistance classes or guidance plans such as these that we are discussing now do not find anyone who is ready to devote time to them in their narrow surroundings, and only the lucky ones have the money to join the specialized treatment centers. Of course, if they have money to spend on treatment, there is no reason for them to start gambling from the beginning and drown in it.

I just look at my bet history after few bets and also keep an eye on the wallet balance, if it reaches below 50% of my initial amount I had at the start then its the time to break, that is what I actually do while playing dice, slots or any other casino game and about sport betting just go with minimum amount with no expectations on rare occasion just to check my instinct is right or not.

I personally normally always set myself a certain limit that I’m willing to gamble, win or lose, each time that I walk in to a casino (or play online). I normally will allow myself to gamble a little more if I win a decent amount, but normally I won’t allow myself to bet away any more than half of that.

That's odd. Basically when we are at the initial stage we will not think about the profit first but what truly amazes us is the fact that gambling is an enjoyable thing to do. This mindset can only change in the middle and on the later stages of our gambling journey. That's when we are now aiming for a certain profit whenever we enter the gambling field. Being calm when playing is good but still, it doesn't change your luck.

If you're destined to be unlucky that time then you can always lose, no matter what. Realizing the fact that not all times we can win makes me feel sad or annoyed but I have no choice but to accept it and I just gamble with small amount instead.

As gamblers, losses are part in the game so even if we have endure a huge loss, the chance is we will still be gambling again not that we want to chase the losses, but because we want to have more fun in gambling. Even if we say that we have reached already the threshold of loss, for me its very normal. After taking time to rest, then there will come a time that you're excited to gamble again with a small hope that you'll be lucky this time.

If someone is aware enough when they are at the threshold of loss in gambling, I think that it is a good awareness. Awareness of gambling is one of the ways of controlling our emotions and desire during gambling. This is not easy, of course, because the temptation to play gambling, again and again, is precisely when we are on the verge of losing. For, in fact, many people are not aware enough, moreover they are going to gamble and gamble again in order to get winning. They will expect again that they will win and turn back their money from the loss. This case is related to addiction.
I am not a kind of addicted gambler and also only play gambling for fun although also expecting for winning and earning money. But, at est, I still have enough awareness to stop when at the threshold of losses.

I have a low tolerance when it comes to losses, so basically I always plan ahead. I always set my bankroll to the acceptable losses level and then play without worries. Since I am able to accept the losses that are the budget in my bankroll, I can enjoy the games and do anything without the worry of regretting them later.  I already learned my lesson a year ago when I get out of control during my gambling activity and pulled my crypto holdings which are around $1000 at that time to gamble and a week later it surge 10x.

If you are really into gambling, you may reach your threshold of loss for the day,
but it doesn't mean that you will totally stop your gambling activities.
You will always go back to gamble, once you replenish your funds for your gambling.
On my end, I only have small threshold of loss that I can allow for myself.
But sometimes, I extend a lil bit if I feel the game is in favor with me, meaning, I am getting my winnings. :P

You do well, but not all of them can be like you who in gambling can easily control financial conditions. In my opinion, people only play with their limits who are able to lose but on the other hand, people who bet and have more money, actually use it very irregularly.

That should be.

When we are losing, just think of taking a break. It's hard to follow a certain threshold since there's always a temptation to pass our limits once we reached that point. Since we are ignoring what should just be the supposed bankroll on that day, then the best thing to do is to become responsible to stop.

Take a break then come back, later on, to see if luck is now on our side. Then if the same case happened, just repeat.

Maybe it's a report from the World Health Organization, but we don't know what happens in real life because it will also depend on how each country handles gambling addicts. Perhaps they will be admitted to a specialized gambling addiction treatment institution and given daily training so that their minds will be distracted from thinking about gambling. And hopefully, the treatment agency doesn't ask for a lot of money because it's to help people addicted to gambling.

I think that's how most players do it, responsible. Either they have a pre-established threshold that they don't exceed, or maybe they exceed it a little but they are able to stop, leave and come back another day with a fresh mind to try their luck.

The problem is the problem gamblers, who don't stop at the limits and end up losing much more than they should.

A strong emotion and mind is what they have. Whether they set threshold or not, they're aware when to stop and if it's necessary.

The time will come that they'll realize that they should stop it when it should be. But as long as they still have money left on their pockets, they'll continue to gamble.

Until the time comes that they'll regret and telling themselves that they shouldn't continued and just stopped at all cost.

And that's where discipline would come in because without that, you can never have the courage to leave the table and to know when to stop. The thing is that we are easily drawn when it's about money and that is why we tend to dive deep in search of money, unfortunately, some people are looking for it in the wrong place and the result surely won't give us happiness because there's no discipline and without discipline, there is no proper mindset.

Gambling is okay if we have some spare cash to get involved in that activity and we must know where are our boundaries at so that we can leave the table anytime and call it a day.

I think it is also important to set a time limit because as we know gambling is completely random so you could literally play for hours and at the same time you could breakeven, so even if in monetary terms you have not really lost a single dollar when it comes to the time that you have invested when you gamble the amount is not small at all, so I think it is important to also keep track of the time spent at the casino since there are several other activities that we could be doing instead.

Setting time and money limits is important in gambling so we don't use our spare time just to play gambling. Maybe if we have a lot of free time, we can use it to do other things so that our minds will not only think about gambling. This is also to control the use of your money so you can use that money to fill other needs and you can also use that money to buy things you want.

Gamblers who have a problem need to realize that something is wrong with them so they can start changing it, at least for themselves. After that, they can try to reduce the time they play gambling and that, of course, will also reduce the use of their money to gamble.

There is a statement that he who fails to plan has plan to fail, because having a budget for your gambling activities will safe you a lot from  careless spending, because we all know gambling can be addictive and if care is not taken one can possibly lavish all the money he had on him, with the mindset to recover the already lost money and if care not taken can still loss again and again. So having at least a set aside money for gambling with at either weekends or anytime is the best practice, because it put you in control over your own money

I think that this is eliminated when we are using the online casino as mostly we play from the comfort of our home and also mostly during our free time.Personally I play when I come back from work,eat lunch,relax for one hour and then when I wake up I like to gamble for a minimum a couple of hours.This way I am not losing anything except my free time,of course it is different when you go to play to a physical casino,you dress up,take the train to go there and spend some hours there,it is only natural that you will lose something for these hours spent there.

In my opinion, it is very important to be able to limit your spending in gambling because it is a great mechanism that allows you to save the budget in those times when emotions overtake reason. especially often this behavior appears at a time when a gambler loses.

I personally set myself a limit of $100 per gambling session and try to stick to this plan.

Gambling to me is like going to a movie theater and watching a movie. Do I have a strategy to "recover from all those losses", I mean, the money spent on movie tickets? No. I think, no one does. The only difference between playing slots and going to movies is that accidentally you can earn thousands times your bet with the former. But "accidentally" is the keyword here. You can't, and you shouldn't, count on it.

Having this kind of attitude to gambling is what it really requires to play the game and whatever is the outcome you will be happy with it and not break yourself down because of losses. There are many examples that gambling losses should be made for losses to learn from. What about money spent on frivolous things or products bought and stolen or not received after they are bought. If we keep dwelling in the losses from gambling, we may end up with heart attacks , it is suppose to be fun game.

A case like yours is in fact very common, after all it is not like we are perfect since we all make mistakes from time to time, so many times it takes a person to go through a series of mistakes which leads to them to losses that they were not expecting at the time, and while it is painful at that moment to suffer such losses at the same time many people grow from that experience and they learn how to keep themselves in check when they gamble, something that is invaluable as this lesson is not only useful when you gamble but in many other aspects of your life.

But unfortunately, many of us don't learn from the losses we've had and instead continue to gamble and this time, they use more money so their losses are even bigger.
Indeed there are times when they can get big wins but if they compare it to the amount of money they have used, it will still be more than the amount of their losses.
But if we use gambling as a place to release tension after daily activities and don't think about losses and can manage how much money we use, we will find gambling as a medium to get pleasure.
That's why it's important to manage the amount of spending that we use to gamble so that we won't feel too sad if we lose.

Right, because whether if it's online casino or live casino, we should need to have plans if ever luck is not on our side. We should always bring an exact amount of money that we can also afford to lose so that we can always call it a day if in-case we lost it all through these activities. The same logic if we are winning, we should also able to determine an amount so that we can experience what we won and not just letting it drain.

It's true what you said. I had the feeling that I still had enough money to gamble, makes a funding continuously when I lost, until all the money was gone. Indeed all that money is free money. However, still thinking if it's not overused it might still have a few dollars to trade LOL. But, regret is also useless. take this as a lesson to be more controlled in gambling. Trying to get a win continously will only make us more irregular in betting. From the initial small bet, increasing the bet, until finally the balance and bet are not balanced and make it run out faster.

Without doubt, a lot of people feel very sad after they've lost big bucks during this kind of activity, and the only remedy for such outcome is to limit the amount of money that we are able to spend in this manner. The problem with gambling is that even if you know that the results may not come back to you, you still keep on trying. And that's why it's really important to have specific amounts that you are able to spend in this kind of activity.

It is important to understand the basic rules of gambling, as well as to learn about the potential risks and dangers associated to it, so that one will be able to enjoy the excitement that gambling offers and not get lost in this kind of relationship with it, where a relationship may ultimately leave us with nothing. So, learn how to protect yourself and avoid losing more.

This is the correct way to approach gambling, but what happens is that a great deal of people begin their gambling journey with those intentions but they get lucky once in a while and they get greedy, then they begin to think about all the money that they could win if they could somehow beat the casino, and that is when people begin to lose control of their gambling because instead of playing for fun now they are playing because they want to obtain profits, and we know that is incredibly difficult to do.

Sometimes you have to think when the money you use is too much and if it is used for others then you can already make a profit, for example, is building a business, that way without realizing it is like gambling because if your business sells then you can get a profit and if not then you will only lose money, at least the percentage of profit is still large by opening a business because it can still be accompanied by hard work efforts to succeed, so at least if you have the intention to use the money to gamble then don't look back because I'm sure that it will be painful because there are so many of them.

Yes, if we lose a significant amount for us, we can't just not think about it. It will ruin our day, at the very least. And instead of relaxation we will only get more stress. Imagine, paying your money for being even more stressed. How frustrating is that! The only way to avoid such situations is limiting your potential losses per session. So that if you lose in the end, you think "Oh that's nothing. Let's just move on."

That's true but unfortunately, not many people have plans if luck is not on our side so we can panic and immediately use all the money available to recover the losses we have experienced. Instead of being able to recover losses, we can get more losses and even we can lose all the money. Sometimes people forget what they have planned and will not stop until they achieve something they want. We can't be like that and we have to be in control of our game.

Man, for many gamblers such "treshold" is the same as "lose your flat, your car and your wife"  ;D
Because many people are addicted to gambling, like drug jankie. So for them "tershold of loss" does not make any sense.


I havent reached it yet, this for the good I think.

True, many times I have problems understanding those which get addicted to gambling as gambling should be something that we do in order to relax and have a good time, but those which are addicted are not having a good time at all and if anything they are suffering greatly because of their actions, and if that is the case they may as well find another activity in which they get the same suffering but save themselves all of that money they lose.

Maybe at first, they think of playing gambling just to relax and have fun and as the tension increases and the losses they get more often, they begin to lust to recover their losses. They thought I wanted to recover from the loss and then quit but unfortunately, sometime after they managed to recover the loss, the lust for more money got higher because they saw them getting lucky. That makes them even more excited to continue the game, where the problems started.

That's actually a good advice. I mean, if that activity would be a job. Not only they would save the money, they could earn good money with some boring and hard job, because normally those jobs are well paid.

I don't know, in reality, who of them addicted gamblers could take that leap, but it would be a great step on the way of self-improvement.

I understand what you mean very well and had similar experience in the past. When I first started out with gambling it was hard for me to control my gambling budget, especially during a losing streak it's hard to remain in control, after to many losses in a row I started to care less and increased my risk to try and get the money back. That only lead to losing everything. It's important to realise that we fall for such behaviour and need to actively avoid it. It's also why so many people say the most important thing in gambling and investing is to control our emotions. What helped me the most was to set fixed budgets for a month that I can gamble with. Only when I limit the amount I can use I avoid the risk to lose too much money. Having a fixed threshold of our maximum loss is also a good idea, then we know that we need to take a break from gambling.

Yes, I agree with you that a break in gambling is an extremely necessary thing, first of all, if you have lost, then you need to calmly comprehend everything, for example, for me at the moment the limit of the amount is my weekly reward for signature. :)

My strategy is not to exceed the loss threshold in gambling by making a maximum deposit of 20% of my savings to enjoy the game, and when the balance runs out I must stop so it doesn't have a big impact on my finances.

20% of savings is already big imho but well its your money then you do have the full rights on what it should be since we do have out own personal threshold when it comes to losses
since not all would really be similar into financial status or condition on each individual  which simply means that it would really be varying.The most important thing is that you do
make your limitations when it comes to gambling spending or losses so that you wont be finding yourself having financial problems later on.Always set limits and do go beyond
on it because it would really be putting you into hardship and consequences that you havent experienced on your entire life.

When I look at my history it is somewhat sad because my balance is more losses than gains, and the gains do not cover the losses, which would be a decent thing, but to avoid more hedge, when it comes to slots I have another strategy, just enjoy, and when it is about other games or sports betting there if I change my way of thinking, because it is something that can be taken into account the degree of knowledge and experience when betting, everything is no longer so random or random, this it is something that can be done more, I see it as a trade, which is much more likely to be done for a win.


Your strategy is good, but you should also diversify your games, not have everything in a single game, but do something else from there, that is, if you are a person who really likes to play poker, video poker, you should play something else , or try your luck with other games, maybe vz DICE, or maybe you could try Black Jack, but they are games that could be violent in giving losses and/or profits, so it depends on the player how much he is willing to lose, too If you don't want to think too much and leave all your luck, you can make bets with the extra coins and make the minimum bet, and as soon as you win, you can stop or continue depending on the budget.

Honestly, this one is good a advice a very good one. We should learn to manage everything so that we can have a peace of mind. At first, it is very hard to have this discipline but it can save us from being wreck and in debt. In my own perspective, I am saving the 30% of my salary, 30% for recreational activities and other things I needed to buy and then 40% will be for my family expenses, playing gambling is also included in that 30% so that when I reach that amount even though I am winning but I already used all to bet again, I will stop right away.

Look, I have to disagree with you only on the part where you say that players tend to stop playing when they reach their loss limit, I believe that many players unfortunately tend to bet more and more as they lose in order to try to cover their losses.
But yes... for those who know how to determine their limits, the game is always fun, as much as defeat always accompanies us, we need to see it as a necessary evil to obtain the moments of pleasure when winning a good bet.

I can't remember the last time I had a big loss, I currently only play sports betting and very casual bets.

^ Definitely right, we should have to manage our fund and it should be there is a fixed amount that we wanted to gamble, if you say 20% of your saving is on gambling, it should be that amount and there is nothing extension. Dont continue to gamble beyond your limit, it should be a fixed amount.
The only way that this will happen is to have the self-discipline to control your urge in gambling so that you can manage your fund.
If all gamblers have the same mindset like this, there are no gambling addicts anymore, it seems gambling will exist just for fun, nothing else.

But unfortunately not, a lot of gamblers are being addicted into this for so many reasons.
Lucky for you if you know how to handle yourself and put some limits by your own accord.
But if not, being addicted into this game will give you a lot of trouble, not only financially, even emotionally.
Also, not on yourself but also with your loved ones or other people surrounding you.

Yes, this is always the case that happened to the majority of gamblers.

Setting up a budget doesn't really work since they are just tempting themselves to gamble more.

If they win, they will still continue to gamble since they are lucky. If they lose, they will still continue to gamble to recover their recent losses. Whatever the result of their gambling session, regardless of the situation, whether they winning or losing, they will still continue to gamble as their adrenaline tells them to do so.

Setting up a budget per session is not an effective way to minimize loss. It's better to force ourselves to have self-discipline when to stop.

Enforcing yourself with self-discipline is very important, just ow you describe both scenarios either win or lose the adrenaline still

active inside a gambler mind, without good discipline you are unable to quit and stop your sessions, unlike with discipline you can

quit and continue to enjoy, either you win or you lose the enjoyment inside you will stay.

Overall what you are saying is a common thing for many gamblers, most of the gamblers will do the same habit as you said. 

I think the real problem is how to limit ourselves, sometimes we don't really know when is the right time to stop playing, especially when we are getting consecutive wins, and vice versa.
sometimes we often forget and get carried away in every game regardless of winning or losing, I think it is not appropriate if discipline can prevent or limit each game session, I prefer to involve self-awareness and responsibility in gambling activities.

That's a huge part of savings for someone supporting their family, but the word "savings" is what caught my attention here, see, not "earnings", but "savings". I think it means the guy is living with his parents, saving little by little from what he's getting for small expenses. I may be wrong of course, but then the guy should probably reconsider his budgeting. Spending 20% on gambling is unacceptably a lot.

It could be the situation that he still lives with his parents and saves little by little. But I think if depositing as much as 20% of his savings just to enjoy gambling, I don't think it's wise because he can forget to control how much he spends. A total of 20% of the savings is for one-time use or several times playing gambling would not be recommended to use that amount for gambling.

For me, 20 percent isn't that much but what only bothers me is that he used his savings there. If he don't have other sources to get a money then he better not gamble because that will only add up on his expense and if his goal is to earn money then it's also not guaranteed.

Better if he look for a job first and that is the one he should used, not his savings because savings has its own use case, mostly for the future e.g. when we retire or if we want to give our kids a better future. It's not also good to depend on our parents because our parents might be old already but we are the ones that must work and we must return what they have done for us once we are still a kid.

In my beginnings when I went to a physical casino, it was when I was in college and I became so obsessed that I broke one of my golden rules, and it was that I should not spend more than what I had already arranged, and it was so incredible, I had left a part of my money at home, and the casino was more or less two hours away, and when I went with the money I had available I lost it, but it got into my head so much that I could win, that I went back to my house, I took the money that I had saved and I left and I lost it in the same way. Obviously luck was not on my side and it made me lose more than the money I had, the good thing is that I got the great teaching that when you lose, you must assume the loss and not seek revenge.


For me, 20% of the savings is a lot, I would really divide it into 10% for gambling where I would only bet 5% and leave 3% totally willing to lose, and the other 10% I would leave to trade, that would be my way of doing it, I would not leave all 20% to one thing, that would be my way of diversifying the money, I would not leave it all to one thing.

Of course, when we talk about how to divide our money, each person has their own way of doing it, but it is never good to leave all the money to gambling, because it is very likely that it can be lost.

Same here 20% isn't that much. Let us say my weekly savings is around 50$ so that makes $10 an allocation for gambling.  In a month's time, I would have $200  savings and $40 of those would be allocated to gambling. $40 a month for gambling is a small amount in my opinion.  Other players gamble more than that in a week.

The percentage is calculated this way: If you earn $100 per day, then spending $20 per day on gambling means you spend 20% on gambling.  If you spend $20 per week, that's not 20% of your earnings/savings. That's around 3% which is acceptable.


If by "savings" you mean the money allocated for entertainment, I agree with you, 20% isn't that much. But that's only if we are talking about spare money.

Oh yes but i dont play very often, wherein just want to try gambling and to make profits if it will work on me.  :D. But unfortunately its good only at the beginning and i realised it because afterwards most of my history are negative and since then it's too hard to win again.. Sometimes if there's a luck i cab get small return but the losses seems not good so i decided to stop it. Lol

You need to try playing to test your lucky and how far you can go or win. It is for those who are gambling frequently that we need know there threshold. I have reached threshold many times that had made to give a break on gambling on one time or the other. This alone can make a gambling very stressed out limiting the way they gamble based on the loses they had incurred. We all wanna make money in gambling not to make loses that will make us overthink or quit the way we bets.

in the case of your scenario you need to stop and think:

1 - are you sure you are playing a game that you master in terms of knowledge?

2 - How much information do you get every day about this game you are playing?

3 - in case you lose, what is the strategy you can develop to minimize losses?

4 - Does this game you play have value? when do you win make up for the losses?

you have to look at all these points, and then you will see how many times you are putting in more money and losing, to get better


in fact most players play with more than 10$ a day, why do I think so? because I see that most people receive bonuses more than 50$ which shows that they play a lot and with values above 100$, if they are making a profit or not I don't know, but I suppose most people are playing with high amounts Of money

Gambling defeats often affect our side of the mind in the sense of anxiety or regret. I even feel that this is a big obstacle for me when I lose playing online gambling where various thoughts can arise to make a deposit and bet to be able to withdraw the initial loss but the big fact in the end always ends in defeat. so this conclusion is a factor of anxiety that keeps our minds when we play gambling so that the desire for control cannot be controlled centrally to play gambling. In this context I agree with the point you conveyed where we must be able to apply the discipline side in gambling and also not have a mind burden.

You have already gained valuable experience from playing in physical casinos. It is a mistake you should never repeat wherever you gamble, whether in a physical or online casino. If previously you could take care of your money and always control your emotions, I don't think you would lose all the money. But I guess it's natural for us to lose money in casinos because that's already happened to many gamblers. In addition, those of us who play gambling at online casinos or physical casinos will feel the challenge to continue the game. If you can't take care of yourself, you will only experience defeat again.

Since what the majority agreed with that setting up a budget for gambling or setting a threshold of loss is not working, we should not give this is an advice for newbies. That will not really help them to minimize their gambling activity since there's always a temptation to chase the losses after hitting the supposed threshold. I also don't have that mindset even before I'm starting gambling since I don't see how it can be a big help to solve my gambling habit.

What I did is to just go with the flow. If I feel lucky, then go. Once loses, then stop. If I feel having a bad luck, then it will create an automatic action from me to stop since nothing good is happening and it's just a waste of money and time if I continue.

But not all person is having a mindset like that. On the other hand, it's good that these people will suffer big loses as sometimes, that painful loss experience will teach them how to become a better gambler in the future.

Well, if you are using a part of your 30% savings for gambling then it is still better but as @inanilujimi mentioned that he is depositing a maximum of 20% of his savings then I think that's bad.
20% of savings is a big deal. For an middle class person 20% savings will buy him food for the entire month for his family.
Again, that depends on person to person but for me I would never gamble more than 10% of my savings.
So that's my threshold limit in gambling.

regrets keep haunting us that's for real and without discipline you will can't easily forget the things that happen to your gambling session

it will keeps lingering inside your mind thinking of many what if and worse you will keep repeating that same mistake thinking that in your

next session you'll find the right strategy that will allow you to recover your losses. Discipline is something that will allow you to let go

and forget what happened, just move forward and enjoy.

Everyone gets different monthly income, so to allocate tens of percent for gambling, I think they have arranged for other things so that 30% is enough for them, some say this is big, so it really depends on them to allocate it.
I myself am not really sure what percentage for gambling sometimes I don't count it but I don't want to get stuck so for gambling games I think about whether other needs have been met if the remaining money can be used to enjoy gambling.
Gambling thresholds must be applied otherwise we will have an excess of what is used in gambling because it is not felt if there is no threshold.

it depends on how you feel at the time. This is a feeling that might affect your luck. I agree if you have a strategy like that, if you feel lucky and you are ready then you will continue, when you win you will continue to play, but when you lose once you will stop to keep the initial advantage. This is a management that involves your feelings. the threshold for losses in gambling will also be determined how you can manage your psychology, because if only the threshold is in the form of numbers it will not be optimal and most beginners will not be disciplined to follow it, but when it involves psychology and strong management, then the loss in gambling can be resolved.

If only the majority has that mindset to become responsible and disciplined, then we can gamble all the times without us suffering a heavy consequences.

By becoming responsible and disciplined, it's not just us who will take the benefit but also the people around us since we won't give any problems to them.

Gambling with a set budget is hard to follow and I understand that feeling. But if we learned how to control ourselves and when to consider stop, we are giving ourselves a break to think of something good. When we win, we really want to continue, when we lose, we really want to chase the loss, regardless of the result, there's always a temptation to continue and that's we need to properly addressed on.

The allocation of 30% is very large from monthly income, although we get income that varies every month, another factor that determines the amount of money allocation for gambling is because of the influence of gambling addiction for high bets in certain games, so we really have to determine personal financial management so that any amount of money spent in gambling does not affect other needs, so the point threshold for gambling must be determined and there is no option to add from other money needs for gambling.

If we're sensing that nothing good is going to happen, this is the right approach to it. We should take time to think that we have to stop no matter what we think if the results are not doing any better.
But when you're seeing good happening, it's okay to continue and also, don't forget to save some profits while you're winning so that when losing streak comes, you're able to save up.

Money management in gambling is kind of hard to handle but I have this rule: No matter the situation of my losses, never borrow money to gamble just to gain back what is gone, it doesn't usually end well with that kind of thinking, the moment you borrow the first one, that is the beginning of your problem in gambling, you will always have the urge to borrow anytime you lack money or loss to gambling. It is very easy for me to handle because I don't have percentage allocation to gambling, if I exceed my maximum cap at a loss for that month, I end it there,

Money management
Emotion handling
Self awareness

If you do have these traits then it would really be hard to make yourself get attached too much or losing that much money in gambling since
you do know on what you are doing and you do know on when to stop and when to play depending on you.
Loss threshold will vary since we do have different status in terms of financial status thats why it would really vary.

I try not to empty the account but I consider if I deposited a crypto balance then Im free and clear to use that balance across many bets.   Some bets you do on the day and some are part of weekly or seasonally with sport bets.     Never bet everything on one day because that makes the loss far more likely, anyone who varies their bet even by just the day they bet on is more likely to win back the losses.
  So I keep a daily threshold way below the full balance, I think thats best.   The eight tenth's rule says you never play with everything you got outside of emergencies, keep some powder dry :)


Thats giant, 1 month out of the 12 ok I could understand.   Put it another way, imagine putting this amount into a pension and reclaiming tax immediately on that money to later receive an income when leaving your job.  You'd retire a rich man surely just doing the boring thing, hence a good bet.   If its 30% after a good pension amount saved then sure, makes more sense if its after all possible bills paid even the future ones.

A true gambler doesn't have a threshold loss, one would only stop if there is nothing else you can sell to gamble with.

All of those traits will be develop once you became an experience gambler since if you are a newbie for sure you will never have this traits as you are easy target for the hype made by certain influencers,promotions and various offers which can attract you to hope that you get big gains from what strategy you do. And sooner once you realize that you are losing to much then that's how they set their own threshold.

I don't understand, what do you mean sell? Obviously, you need money to gamble, if you don't have so it's better to stop. Maybe what you are referring are those addicted ones, that there are really dependent and willing to sell anything (as you have described it).

For me the threshold is that if I don't have any money to play, simple as that. I would not go to length to pawn or sell anything. I have my priorities now and gambling is not one of them. I just have to scratch that "itchiness" from time to time, that's it.

Honestly, it's good and I like the way you do gambling, it can be said that you are a responsible gambler who has self control and you know where the limit is as a gambler on a gambling platform. It is really important for a gambler that he should have a percentage of how many he should lose and win and then stop first and come back another day, and that's what you do mate. Keep it up, God bless you more.


But I think it's still important to know what your threshold loss is so you can control the amount of money you use for gambling, right? Although on the other hand, gamblers will not notice it immediately, but it is still important for us to know.


In short, proper handling or spending of money is important or proper management of money is also one of the good ways especially if an individual often plays on an online gambling platform. Is that what you mean dude?

Unfortunately, not everyone is a true gambler so many of them will decide to quit.
But some gamblers continue to gamble and deposit more money to recover their losses.
Many of us can stop before we lose our money and take a break to lower the tension after playing gambling and this may have something to do with the threshold of losses while gambling.
It is clear that when we almost lose all the money, it is better for us to quit than to lose all the money.

It seems to me that any gambler has faced a situation where he lost all his money in an evening. At least I had a few times, and of course after such losses, I was very angry at myself that I could not stop in time. Currently, I'm not angry at myself for these losses as they allowed me to gain experience which allows me to think carefully first and then act. As they say, some people get experience for free and others have to buy it.

Completely depends on how addicted you are to gambling. If you are very addicted, there is no loss limit. I know a friend who won't stop until he losses every penny he owns. He won't stop at anything. Granted, he is very talented when things work for him but it doesn't always work and that's the issue. He could make $30 into $2000 in a day and the very next day, lose that $2000 into 0. While some people withdraw any profits and then just gamble until they lose it all or win massive.

My threshold losses are money I deposited I will not deposit anymore until I lose all that money, I was always tempted to add more when luck is on my side, sometimes I add more but make it a point to control and only deposit that I am comfortable to lose usually I only spend $100 for a week this is already a big sum of money in our local currency and the biggest I deposited was $300, that's the money that I consider a threshold loss.

difficult or not, I think it depends on how one handles it. If someone is used to managing his finances well, of course he will have no trouble managing money for the allocation of his hobbies including gambling.
well, for the next point I totally agree, the first rule that gamblers must apply is not to borrow money to gamble not caring to recover their losses, because it will end badly.
applying the threshold in each gambling session is very precise, it's just that sometimes we forget or have difficulty applying it and it is more accurate if we can allocate a minimum amount than gamble without calculation.

Not only in gambling that we make losses but in our daily lives too. Sometimes we trust people to help them with expectations that they will return the money given to them as loan back but they fail to bring that back, or maybe that is also considered as gambling. As it is said also that the wise learn from the mistakes done by others.

It seems that when you still have money to spend you will not care about the loss threshold, because when you become an addict or have a target in gambling you will not care how much loss you have experienced. Therefore, the loss threshold is only suitable for gamblers who have discipline, if they just gamble without a big plan they will continue to gamble without having the calculation to stop. Realizing the loss threshold in gambling also makes gamblers have limits and calculations in gambling, and not all players will do that which means they will only celebrate wins without worrying too much about losses.

There are aspects of our lives where we aren't aware that we are taking risks that are almost similar to our gambling experience. There will be people around us that will disappoint us but will only teach us a lesson to continue. Gambling could often serve as a lesson because of our wrong decisions but as much as possible, we have to try to avoid mistakes by knowing how to put limits so we will not end up having regrets.

You cant have everything when you are just starting up or newly dealing up with something that you havent done before which is just common sense.You would eventually able to acquire these things when you do have the actual experience and awareness about on these things and able to find out and realize for yourself that you should really be doing things that will really make you avoid on getting losses that much in gambling.If you are really that willing to spend and lost it all then go ahead but always set out limitations because if you dont set out limits then you would really be having much bigger problem later on.
Always set limits or border line on how much you could maximumly spend and wont compromising other things.

After getting experience about losing at gambling, we learn to deal with anger at ourselves and try to stop in time. At least it works for some gamblers who experience it, while others won't feel it as they continue to gamble. Those who have never experienced it can get it from someone else's experience so it doesn't happen to them. What we get and share with others will be useful for them and us because we can learn how to control ourselves so as not to experience a huge loss.

I like to put my bet in Football , Basketball .The outcome of these games is somewhat predictable.  Where the chances of winning by betting are much higher. On the other hand I love football so I like to bet on it.  And I always like to place low amount bets.  My maximum bet amount for this in a tournament would be $20

Football is a sport after all.  Everyone likes to play football there are some people who bet on the game.  They are always worried about the game.  Sometimes I gain and sometimes lose.  I feel very happy when I win.  I bet more after a few days.  If I win I will get a lot of money and if I lose I will lose all my money.  Betting alcohol is but an understatement I guess.

Life itself is like gambling, I have seen many people saying that you should not borrow anyone the amount of money that you can not give the person, the saying as a result of the disappointment the person can experience, the borrower can begin to avoid the person and not want to pay, the borrower may want to pay but may not have the money yet, not giving back the money borrowed can also be the reason the borrower may not want to pay back.

But this is not related to gambling unless there is profit involved. Ifyou borrow someone money and not paying back, you may feel like you have been cheated, but if you are gambling and lose on your own, you understood the risk involved and you will know that you lost the money yourself when you are expecting profit.

That is why people should have weekly limit, when they gamble and reach the limit threshold, they should stop gambling until another money has been received as a wage or salary the following week, my threshold loss is 3% of my weekly income or less.

There's nothing wrong with this attitude, in my opinion. I mean, those people who know their limits and risk only what they can afford to lose, those people have all the right to not worry about their losses and enjoy their wins to the fullest. That's how gambling makes you entertained: you lose $11, then you suddenly win $10 and you are happy although in fact you lost $1. But you should know that winning those $10 in the end is never guaranteed, and you must be ready to stop after losing, say, $15, if it's your limit.

Yes, self-discipline is everything, but something must be taken into account, when we play as when we trade, there is a logical part that we must follow and pay attention to not lose money, but it is something difficult when in our minds we have seen so much news, analysis of other people, and above all the uncertainty of not following the plan comes into play, in this case I call it emotions, which are what often become our best weapon or our executioner in the game, the hope in the game is something that should be taken with caution, we cannot let ourselves be carried away by emotions, although it is very difficult to fulfill it, we must try to dominate it.


Exactly, things are like that, when we are in a casino and we want to have fun and we allocate a balance totally willing to lose there is nothing to worry about, as long as things do not get out of control and you risk and lose more than you should, in my case I always use the strategy of only risking what I can afford to lose and it's like you say, when I play slots I don't risk a lot of money, the money I spend doesn't matter to me if I lose everything because I use it for my fun, now few Sometimes I have won, and on other occasions it is much more enjoyable, because the good thing about slots is that at any moment you win and what you bet is multiplied.

10% is about a right threshold, in my opinion. It is like the maximum one can lose without suffering too much from it. Only don't try to chase your losses because those 10% can turn into 50% and more, like I did yesterday, losing with that 6 times more than I could afford to lose in one day. I should have stopped after reaching my threshold, but I din't, and I even glad I didn't win in the end, because I wouldn't learn my lesson from this then.

It's good that you are taking the losses in a positive way by learning a lesson of how to not chase your losses.
But at the same time the losses shouldn't have gone to 50% at first place. When I say 10% of my savings I make sure to deposit only that much amount for the month.
So that amount is my hard stop and the maximum I can lose. It won't matter if I lose it all in a single day or keep playing with that amount for the entire month.
The next deposit will only be in the next month.

Good money management strategy, mate! This way you can be sure that at least you will not lose in one session more than you can afford to lose in one month. With this strategy it is very important to stick with the plan, and don't deposit again after losing your monthly limit. From what I know, most gamblers are able to cope with this or similar task. Around 5% are classified as problem gamblers, and that's a tragedy, but most gamblers know their threshold and don't go beyond it.

Good enough, we have many gamblers that never give into account in considering the extent to which they spend on gambling, just as you pointed out their aim is to achieve a desired satisfaction with pleasure in gambling, they don't mind loosing neither do they consider the time wasted or not, but i also find out that in life, one must always engage in doing what pleases himself in other to derive satisfaction and contemption, but what i always advise is not to over react in doing so, don't engage in what you're not upto which may later left you with detriment while gambling.


No problem about this as long as they have a food background that source them money and gambling is not affecting their other obligations.

It’s a good strategy, but it seems to me that you are either initially not very involved in gambling, or vice versa, you already have serious experience. I thought so because allocating a budget once a month is a rare event, and if you do not use additional money management (breaking down this budget at least into weeks), then losing at the beginning of the month is very difficult to wait for its end. For example, I am not much involved in gambling and I have discipline but it would be difficult for me to wait even one week if I wanted to play a little.

It is partially true. The thing is that although I have a fixed budget for gambling for the month I tend to use it only when I am craving for gambling.
It's more like an entertainment for me so I deposit the amount when I feel like gambling too much in a particular month.
I am not regular at it but I gamble around 7-8 times a month. So that's why I am having good control at limiting my gambling budget.

It takes so much courage and self control for you to so such thing. I think that wouldn't be too hard for someone who is really isn't into gambling and just gamble whenever needs to be entertained. Some of us usually gamble as a part of our habit despite having it unnecessarily which results in consuming even unallocated funds for gambling. We really have to control ourselves from spending too much on gambling especially if we have continuous losses.

Things like this will be difficult if we are new to slots and have unstable emotions. I've experienced when I lost $50, which is usually my limit of playing in 1 week, until I ended up losing more than $300 because I was eager to win. When someone experiences something like this, they no longer think of gambling as entertainment, everything gets out of control. Of course this is bad even worse than a loss in futures or binary options. Some time ago I also experienced the same mistake that I share in this thread https://bitcointalk.org/index.php?topic=5249415.900. This is not a good example of course, and until now I still have to continue to learn to hold and control emotions when playing. I don't know, why so hard to control my self when playing slots than I'm playing dice  lol

if indeed gambling as entertainment for some people the minimum allocation of funds is usually used, losing that money will certainly not be a problem and will not become a daily habit. But for those who make gambling an activity every day and have a threshold of losses and profits, so gambling can be controlled. without any control or threshold it would be dangerous. difficult or not to regulate it depends on the gambling goals and the mentality of the gambler.