Bitcoin Forum

Economy => Gambling discussion => Topic started by: mu_enrico on August 30, 2022, 05:04:57 PM



Title: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: mu_enrico on August 30, 2022, 05:04:57 PM
I stumbled upon random news while browsing, and it uses this article as a citation: https://gamblingguidelines.ca/lower-risk-gambling-guidelines/what-are-the-guidelines/

They say:
Quote
If you gamble, the new Lower-Risk Gambling Guidelines show you how to lower the risks and harms associated with gambling. There are only three guidelines, but you should follow all three.

And the joke begins:
Quote
Guideline 1: Gamble no more than 1% of household income
Don't bet more than 1% of your household income before tax per month. For example, someone with a household income of $70,000 before tax should gamble no more than $58 per month.

$58 per month LMAO! Okay, IIRC I advised people to bet a maximum of 10% of their income, but 1% is just too low. It won't even last one-hour playing penny slots in most cases. And look at this table:
https://ricsmedia.b-cdn.net/household-income-table.jpeg
Even if you earn 6 figures, you can only bet <$100, less than @roycilik's weekly budget :D

Quote
Guideline 2: Gamble no more than 4 days per month
While I think once a week is reasonable, four days a month is too harsh. I mean, if there are five Saturdays in a month, you still get only four playing sessions. IMO the limit should be twice a week.

Quote
Guideline 3: Avoid regularly gambling at more than 2 types of games
IMO it's useless advice. Even if a gambler plays many types of games, it won't matter as long as he knows the limit, guidelines 1 & 2.

What do you think?


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: Oshosondy on August 30, 2022, 05:19:23 PM
I have read some guidelines about the proper ways to gamble before, I am not surprised to see this type of guideline again. I remember when I read the guideline of a football predicting site which was soccervista, if I recall correctly, exactly to only gamble with 1% of your income  is included there too. It was too low for me, I became an addict but finally realized that the saying is true, it would help you have good gambling habit.

But this would depend from individual to individual, I use 5% of my income to gamble, it can not be more, but there are sometimes I found myself not using more than 2%, this is because of good gambling habit that helps in making profit while gambling and I make profit than loss, unlike before.

I prefer to bet on football matches, just ones in a week, and mainly on top leagues like EPL, La Liga Santander, Seria A, Bundesliga and Lique 1. They do play from Fridays to Monday and I am not betting more than 1 or 2 times weekly. Only what could make me bet more is during Champions League, and not often more because if I bet on Champions League, there is probability of the top clubs not to have matches, but I could go for lower matches at that times if I am really not busy.

In my opinion, these are all good advices, if you know you can increased your betting amount percentage of your total income and if convenient for you, you can increase it, but using small amount makes it fun and entertaining. Gambling not more than 4 times monthly makes it convenient and give you a good gambling habit, this can be weekend when having fun around friends like in the bar while watching the live match that you bet on, or it can just be a casino while having the fun and not going beyond your limit. A good gambling guideline would also include avoiding regular gambling. You should fill your life not only with gambling but other things that can be recreation for yourself.

Gambling is good if these guidelines are followed, and it is the exact opposite of gambling addiction.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: Boristhecat on August 30, 2022, 05:19:32 PM
$58 per month LMAO! Okay, IIRC I advised people to bet a maximum of 10% of their income, but 1% is just too low. It won't even last one-hour playing penny slots in most cases.

It seems absurd to you, but from the point of view of the one who gives these tips, everything is logical: playing for a small amount of money, a person will not attach importance to this and this will help to avoid addiction.

Quote
Guideline 2: Gamble no more than 4 days per month
While I think once a week is reasonable, four days a month is too harsh. I mean, if there are five Saturdays in a month, you still get only four playing sessions. IMO the limit should be twice a week.

Twice a week is a huge number if you have a family and a regular job that takes 5 days a week. If you devote time to your wife, children, work, household chores, then 2 days a week for gambling is a lot. Perhaps this is advice for family people?

Quote
Guideline 3: Avoid regularly gambling at more than 2 types of games
IMO it's useless advice. Even if a gambler plays many types of games, it won't matter as long as he knows the limit, guidelines 1 & 2.

What do you think?

This is a controversial point, but I think its meaning is the same as in the previous points - to protect a person from addiction as much as possible.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: Rruchi man on August 30, 2022, 05:25:14 PM
The guidelines are good on a broader sense when you think of it, but their detailed strategy on how to honor the guidelines like gambling with just 1% per month and just 4 times in a month seems unachievable to me. Say for instance, using same example of someone with a household income of $70k and supposed to use $58 which is 1% of it in a month to gamble say the 4 times or even lesser, It means the person will still have to further split the $58 into the number of times he is to gamble that month, gambling with such an amount seems like a joke.

IMO, the summary of the guidelines to lower-risk gambling are;
-Gamble with a fixed percent of your household income, an amount you can afford to loose.
-Choose the number of times you will gamble in a month and be disciplined about it.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: _act_ on August 30, 2022, 05:34:04 PM
Twice a week is a huge number if you have a family and a regular job that takes 5 days a week. If you devote time to your wife, children, work, household chores, then 2 days a week for gambling is a lot. Perhaps this is advice for family people?
Yes, it should be huge if having family. But you can have family and still bet on your mobile phone or personal computer even without your wife and children knowing. It depends on how and where you are gambling.

Even if you are not married, gambling in just 4 times monthly will be good, provided if you gamble with the amount you can lose and not think about or lead to depression, I mean the amount of money that is low to the extent that you can afford to lose it.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: South Park on August 30, 2022, 07:18:38 PM
I stumbled upon random news while browsing, and it uses this article as a citation: https://gamblingguidelines.ca/lower-risk-gambling-guidelines/what-are-the-guidelines/

They say:
Quote
If you gamble, the new Lower-Risk Gambling Guidelines show you how to lower the risks and harms associated with gambling. There are only three guidelines, but you should follow all three.

And the joke begins:
Quote
Guideline 1: Gamble no more than 1% of household income
Don't bet more than 1% of your household income before tax per month. For example, someone with a household income of $70,000 before tax should gamble no more than $58 per month.

$58 per month LMAO! Okay, IIRC I advised people to bet a maximum of 10% of their income, but 1% is just too low. It won't even last one-hour playing penny slots in most cases. And look at this
I think that rule could make sense if we were talking about someone with a lot of responsibilities which does not have too much money to spare, however that is not the way they are promoting this guide, as supposedly this is a one size fits all policy for everyone that may be interested in gambling, and that is where they make their mistake, after all a single person can have very low expenses when it comes to their needs and the majority of their disposable income will go towards entertaining themselves, meaning that the limit you have recommended to other people of 10% is perfectly reasonable for people under those circumstances.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: madnessteat on August 30, 2022, 07:55:54 PM
I also think that allocating 1% of the family budget to gambling is too little. If you have a small salary, then enjoy the game on this money will not work. In my opinion, the optimal is to spend no more than 5%.

I completely agree with the second recommendation as I believe that the more often a person plays gambling the stronger the addiction becomes. In my opinion it is optimal to gamble once a week or two.

The third recommendation makes no sense to me at all.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: cabron on August 30, 2022, 08:29:41 PM

Do you now feel like you are addicted because you play all your week's pay? 

Its not a low risk but it negates the idea about you enjoying your weekend which gambling was suppose to be entertainment.  I don't know if you are really going to follow this guideline because it seem meant for you to lose 4 days a month for $8. Well its just $8 anyway but I'd rather add the amount to beer budget.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: milewilda on August 30, 2022, 08:33:19 PM
When it comes to allocation then it would really be that subjective whether you would be using 1% or 10% on overall gross income or annual then its out of others business.
Important thing on here is that you do play with limits and thats what people should be thinking.I dont see for that guideline to be a joke.For those people who had been
playing using up huge amounts then this would be definitely be a small amount to consider yet you could really indeed play with these amounts with few bets which is something
that would really tell you that it is pointless or useless.What if that certain person been contented on that way?


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: Pierre 2 on August 30, 2022, 08:41:35 PM
58 dollars a month is obviously overkill. I wouldn't call it low risk gambling. Better to say you are not even gambling at all. But %10 suggestion may be okay considering it would be 580 dollars a month. You can divide it to 4 and only gamble at weekends (especially Saturday) so you would be spending money as typical mediocre white collar guy. You should be enjoying gambling, you can enjoy nothing with less than hundred dollars.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: Cryptomultiplier on August 30, 2022, 08:43:47 PM

There are only three guidelines, but you should follow all three.

And the joke begins:
Quote
Guideline 1: Gamble no more than 1% of household income
Don't bet more than 1% of your household income before tax per month. For example, someone with a household income of $70,000 before tax should gamble no more than $58 per month.

$58 per month LMAO! Okay, IIRC I advised people to bet a maximum of 10% of their income, but 1% is just too low. It won't even last one-hour playing penny slots in most cases. And look at this table:
https://i.postimg.cc/63CXb4fV/gamblingguidelines-ca-23-35-17.jpg
Even if you earn 6 figures, you can only bet <$100, less than @roycilik's weekly budget :D

Quote
Guideline 2: Gamble no more than 4 days per month
While I think once a week is reasonable, four days a month is too harsh. I mean, if there are five Saturdays in a month, you still get only four playing sessions. IMO the limit should be twice a week.

Quote
Guideline 3: Avoid regularly gambling on more than 2 types of games
IMO it's useless advice. Even if a gambler plays many types of games, it won't matter as long as he knows the limit, guidelines 1 & 2.

What do you think?
[/quote]

The way I see it, it is just as the name implies, 'guidelines'. They may not necessarily be the solution to a gambling addiction, but with known facts, it is little decisions that add up eventually. This is also the reason why only an estimated amount of income, schedule, preference is suitable, but up to a restricted amount, so as to control the urge which leads to excessive gambling.
These guidelines could however be tweaked to suit ones taste, as I do on days as a London Derby, an El classico, Champions League Finals, and on other boxing and history making matches/bettings that happen only once.
 It will be difficult to control the urge to visit gambling sites on ones phone, seeing the ease at which smart devices with these apps either pre-installed or downloadable exists. Twice a week, 1% income, only 2 kinds of games to bet on, is a schedule I can keep.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: batang_bitcoin on August 30, 2022, 08:59:22 PM
That guideline could be helpful for those that really can't think what to do and they're in the middle of a personal gambling crisis. While we have our own allocation. I think the main logic there is tightening the budget for your bankroll and that's the good that I can get from it.
Although it will still depend on me and I have no metrics that I'm basing from my salary per month or per year. So it's like having a spare money at that very moment and it will be the one that I'll use as my bankroll.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: KTChampions on August 30, 2022, 09:06:53 PM
58 dollars a month is obviously overkill. I wouldn't call it low risk gambling. Better to say you are not even gambling at all. But %10 suggestion may be okay considering it would be 580 dollars a month. You can divide it to 4 and only gamble at weekends (especially Saturday) so you would be spending money as typical mediocre white collar guy. You should be enjoying gambling, you can enjoy nothing with less than hundred dollars.

If I'm not mistaken, banks consider reliable borrowers who spend no more than 20% of their income on mortgages, because in fact, if you subtract mandatory expenses, then 20% of income is a lot. Are you suggesting spending 10% (half the mortgage payment) on gambling and considering it "innocent entertainment that has nothing to do with addiction"? I think that for ordinary people for whom gambling is entertainment along with many others and not a hardcore hobby, such spending is too much.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: electronicash on August 30, 2022, 09:11:34 PM
if you earn 6 figures a month, you may really spend huge for anything you enjoy doing. so the guideline will make you think of following it once you see yourself losing half of the 6 figures. it sounds like a joke but i guess this will serve as a reminder moderately gamble the money out from your wallet. its probably just for people to minimize the habit.



Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: goldkingcoiner on August 30, 2022, 09:15:09 PM
Those numbers that you posted seem suspect to me, as well. It also seems like a lazily put together sheet of data that someone pulled out of their own bottom instead of doing the research. The numbers change depending on factors such as where you live, how much you earn, how much your expenses are and how much you need to put aside for emergency savings and so on.

If you're making 10k a year and live in a first world country you have bigger problems than worrying about your gambling expenses. But even then you could afford to gamble more than 8 bucks ( that is if you don't have a family to worry about)


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: uneng on August 30, 2022, 09:23:31 PM
If the person doesn't bother losing money and have gambling as his hobby he can use more than 1% of his income to gamble. Instead of going to the movies, concerts, travelling, going out, playing videogames, some people simply gamble. For a matter of comparison, we could calculate how much of their income other people spend doing these activities I mentioned earlier, so we could reach a more accurate result of how much gamblers should spend with their hobby. After all it depends on each ones' goals and purposes in life. I imagine the article is just concerned about helping people to not lose too much money, while still being possible to bet.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: livingfree on August 30, 2022, 09:55:06 PM
58 dollars a month is obviously overkill. I wouldn't call it low risk gambling. Better to say you are not even gambling at all. But %10 suggestion may be okay considering it would be 580 dollars a month. You can divide it to 4 and only gamble at weekends (especially Saturday) so you would be spending money as typical mediocre white collar guy. You should be enjoying gambling, you can enjoy nothing with less than hundred dollars.
I think of this guideline is playing safe in here. I guess it really stands of what it is being described as "lower risk" gambling. It's understandable to have that threshold per month and those small time gamblers can do and follow that easily.

But those that are gambling for a long time, this is really a small budget and this will go nowhere unless you put that in the lotto and you hit jackpot but that's not gonna happen.

If the person doesn't bother losing money and have gambling as his hobby he can use more than 1% of his income to gamble.
Yup, as long as he still have that limit and won't be that much. Adding a few for that 1% is totally fine and you still understand that you don't have to go all in with that fund where you're getting that money.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: dunfida on August 30, 2022, 09:56:29 PM
If the person doesn't bother losing money and have gambling as his hobby he can use more than 1% of his income to gamble. Instead of going to the movies, concerts, travelling, going out, playing videogames, some people simply gamble. For a matter of comparison, we could calculate how much of their income other people spend doing these activities I mentioned earlier, so we could reach a more accurate result of how much gamblers should spend with their hobby. After all it depends on each ones' goals and purposes in life. I imagine the article is just concerned about helping people to not lose too much money, while still being possible to bet.
1-10% should be safe based up on real experience but 1% is indeed small in overall and if you are someone who do really play for fun and not for making profits or money or not simply chasing it out then any amount

would suffice.It doesnt matter on how much percentage you would be using from your income and as been said that we do have different financial capacity which means that  spending will really vary on some factors.

If OP find this to be a joke then its up to him but its quite relevant for some people who are really that meticulous on spending up some funds on gambling.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: l3pox on August 30, 2022, 10:20:35 PM
people are probably better investing than gambling
if they aim to make money investing is the way to go
if they see gambling as a source of entertainment then 1% is probably too low

household income is a good metric but I'd think of total money invested too
maybe someone's income is low but they already have enough saved for the future. then they can gamble a bit more


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: Yogee on August 30, 2022, 10:28:17 PM
The aim is to lower the risk and harms of gambling so the guides actually makes sense. The guides 1 and 2 are just telling you that the simple solution is to gamble less so you don't get exposed too much.

Guide 3 is quite intriguing. I don't really get it but maybe it's meant to take advantage of the RTP....?


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: coin-investor on August 30, 2022, 10:49:51 PM

IMO it's useless advice. Even if a gambler plays many types of games, it won't matter as long as he knows the limit, guidelines 1 & 2.

What do you think?

In the first place, you are playing to be entertained and enjoy your time in my case how can I enjoy it with $2 based on my computation on the percentage you provided, and 4 times a month, even if you are a risk-free gambler I don't think you will accept that allocation, it may be a lower risk gambling but if you are comfortable with your losses and you're gambling for fun you can allocate whatever amount that is comfortable to you and you are in a lower risk bracket.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: Mahanton on August 30, 2022, 10:59:45 PM

IMO it's useless advice. Even if a gambler plays many types of games, it won't matter as long as he knows the limit, guidelines 1 & 2.

What do you think?

In the first place, you are playing to be entertained and enjoy your time in my case how can I enjoy it with $2 based on my computation on the percentage you provided, and 4 times a month, even if you are a risk-free gambler I don't think you will accept that allocation, it may be a lower risk gambling but if you are comfortable with your losses and you're gambling for fun you can allocate whatever amount that is comfortable to you and you are in a lower risk bracket.
All matter with preference and just like what been said that not all gamblers are really that making up huge spending towards gambling.There are ones who do really make spending as minimal as possible but its true
that those amounts would be entirely used on just one roll or not really that something could entertain you at all.Low risk will really be depending on how much you can spend on your gambling activity or leisure times.
Know your limits and thats the key, it doesnt matter on how much you would be spending as long you are contented with that.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: Baofeng on August 30, 2022, 11:23:39 PM
Twice a week is a huge number if you have a family and a regular job that takes 5 days a week. If you devote time to your wife, children, work, household chores, then 2 days a week for gambling is a lot. Perhaps this is advice for family people?
Yes, it should be huge if having family. But you can have family and still bet on your mobile phone or personal computer even without your wife and children knowing. It depends on how and where you are gambling.

Even if you are not married, gambling in just 4 times monthly will be good, provided if you gamble with the amount you can lose and not think about or lead to depression, I mean the amount of money that is low to the extent that you can afford to lose it.

During my addiction, I can play 5x a week in a landbase casino, this is prior of me joining crypto and playing online slot games. But I'm more sober now, maybe 2x-3x a month that is a lot to me. I just focus on sports betting now.

I think the advice is much on a broader audience and not for those who have a lot of budget to play daily or weekly. So it's just a baseline for others and who knows, it could be good for them as per the "suggestion" on the budget.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: harizen on August 30, 2022, 11:51:38 PM
Quote
Guideline 1: Gamble no more than 1% of household income
Don't bet more than 1% of your household income before tax per month. For example, someone with a household income of $70,000 before tax should gamble no more than $58 per month.

This is a NO for me. There are lots of "what if" after losing that 1%? The eagerness will still be there to continue.

Conclusion: I'm not setting up any amount to gamble. I also don't follow the "gamble only the money you afford to lose" mindset because there are no specific figures on this. Just be responsible enough to stop at any cost during our gambling session.

Quote
Guideline 2: Gamble no more than 4 days per month

As if the majority can do this. It's a very obvious thing that gambling rarely can lower the risks of losing but still the possibility of always losing can happen even for 4 days. The result is still the same regardless of how many times a person will gamble.

Conclusion: Like I posted above, just be responsible enough to stop at any cost during our gambling session.

Quote
Guideline 3: Avoid regularly gambling at more than 2 types of games

This is nonsense for me. Regardless of gambling on 1 or 2 games at once, the money at staked and risks is still the same.

Conclusion: Gamblers can gamble at anything at the same time as long as they know and understand those games.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: Wexnident on August 31, 2022, 12:03:20 AM
This is closer to telling them not to gamble at all lmao. I myself set a specific amount to gamble on every session, but 1% is way too low, not enough to actually satisfy that craving of gambling. Even if I say that gambling is more for fun, experiencing that fun of winning/losing money is also part. If I was only in it for the game, I might as well just go for playing the same games but without money involved.

As for the number of sessions, I think that's closer to what you prefer, setting up a number for it might just limit you way too much, bringing out more of anticipation than normal which can influence you to go past it in the long term imo.

The 3rd advice is just a joke. It's like asking your average gamer to only buy/play one game in their entire life, that's just a joke. I myself repeat a lot of games that are long and story intensive, whatmore for simple games like the ones in casino.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: ralle14 on August 31, 2022, 01:49:23 AM
What do you think?
It's probably because the lower the gambling budget the less risk, for sports betting that budget could probably last enough if you only focus on one or two sports but if it's only for casino games I have to agree that amount won't last for an entire month since most of the casino games are fast-paced.

For the second guideline if it's one whole day per week it's probably not bad since weekends are the only free days and the idea of two days a week is also good if you can split the allocated hours.

I also don't like the last guideline, as you play the same game for quite some time you'll slowly lose that enjoyment so there's nothing wrong in playing a different game.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: Cling18 on August 31, 2022, 06:17:18 AM
Quote
Guideline 1: Gamble no more than 1% of household income
Don't bet more than 1% of your household income before tax per month. For example, someone with a household income of $70,000 before tax should gamble no more than $58 per month.

This is situational and does not probably work especially for those who have a higher target goal in gambling. It also depends on the income of an individual because if a person is a minimum wager I don't think 1% would be enough as gambling capital. I guess at least 5% will work if a person wants to pursue gambling and has a good target goal to reach. Following a 1% gambling allocation is more likely to advise a person to quit gambling.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: Oasisman on August 31, 2022, 07:18:04 AM

What do you think?

Guidelines 1&2 is fine for me. That's limiting yourself from spending too much in gambling that would potentially hurt in the long run. While guideline 3 doesn't make sense to me. I mean why would you limit yourself in having fun with gambling. Clearly, the goal here is to have leisure after the long week of work considering how low the capital intended for gambling. So, you're already limiting your budget and limiting the number of game you should play as well? That doesn't make enough sense to me.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: Oshosondy on August 31, 2022, 08:25:43 AM
single person can have very low expenses when it comes to their needs and the majority of their disposable income will go towards entertaining themselves, meaning that the limit you have recommended to other people of 10% is perfectly reasonable for people under those circumstances.
Because you are single does not mean you should not discipline yourself, I am not talking about you, but about gamblers that are single and betting excessively and becoming addicted to it.

Another thing is that because you have needs for low expenses does not mean you should put the remaining money on gambling to gamble with. Remember there are days that may not favour, the days saving money would be a life saver. It is good to save money for days like that and for future.

Another is that gambling responsibly will only comes with betting with little amount of money.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: behandsomebecool on August 31, 2022, 09:33:45 AM
no offense but i think these people who're following some kind of guidelines r a ltl bit crazy lol
i mean what's the point? chance plays a big role here


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: _act_ on August 31, 2022, 10:05:17 AM
no offense but i think these people who're following some kind of guidelines r a ltl bit crazy lol
i mean what's the point? chance plays a big role here
Gambling is a game of chance, even if you use low amount of money to gamble, there are still chance that you may win or lose, but the reason this type of guildline is good is because even if you lose the money you use to gamble, you will not be thinking about it, it will not lead to depression, it will not affect your health, it will not financially affect you, it will not lead to addiction.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: mu_enrico on August 31, 2022, 12:37:18 PM
Twice a week is a huge number if you have a family and a regular job that takes 5 days a week. If you devote time to your wife, children, work, household chores, then 2 days a week for gambling is a lot. Perhaps this is advice for family people?
It's not like we play 24 hours straight tho. Twice a week (like Saturday and Sunday) with 3 hours playing session should be okay.

Instead of going to the movies, concerts, travelling, going out, playing videogames, some people simply gamble. For a matter of comparison, we could calculate how much of their income other people spend doing these activities I mentioned earlier
True, and $58 can only buy 1 or 2 game titles, sometimes it won't be enough to get an AAA game as well. As for arcades, we can spend way more than that.

This is closer to telling them not to gamble at all lmao. I myself set a specific amount to gamble on every session, but 1% is way too low, not enough to actually satisfy that craving of gambling. Even if I say that gambling is more for fun, experiencing that fun of winning/losing money is also part. If I was only in it for the game, I might as well just go for playing the same games but without money involved.
They think 1% is a guaranteed loss, however sometimes you'll win and sometimes you'll lose, therefore the actual total losses won't be at 1%. It can be much lower than that. Hence, raising the percentage of income for gambling is acceptable as long as your total losses end-of-year are closer to 1%.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: Apocollapse on August 31, 2022, 02:11:42 PM
Since the article talking about lower risk gambling, they're correct to suggest only use 1% of their income and since they're have limited money to gamble, that's why they give guide to only play 4 times in a month and stick with 2 games. I think everyone don't mind if they loss 1% of their money, not all people are afford to risk their 10% of their income because each people have different risk management and how much the income they got.

IMO there's no limit to gamble, as long as you're not become an addict and already think every risk you've taken, you're fine.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: ChiBitCTy on August 31, 2022, 02:30:44 PM
I stumbled upon random news while browsing, and it uses this article as a citation: https://gamblingguidelines.ca/lower-risk-gambling-guidelines/what-are-the-guidelines/

They say:
Quote
If you gamble, the new Lower-Risk Gambling Guidelines show you how to lower the risks and harms associated with gambling. There are only three guidelines, but you should follow all three.

And the joke begins:
Quote
Guideline 1: Gamble no more than 1% of household income
Don't bet more than 1% of your household income before tax per month. For example, someone with a household income of $70,000 before tax should gamble no more than $58 per month.

$58 per month LMAO! Okay, IIRC I advised people to bet a maximum of 10% of their income, but 1% is just too low. It won't even last one-hour playing penny slots in most cases. And look at this table:
https://i.postimg.cc/63CXb4fV/gamblingguidelines-ca-23-35-17.jpg
Even if you earn 6 figures, you can only bet <$100, less than @roycilik's weekly budget :D

Quote
Guideline 2: Gamble no more than 4 days per month
While I think once a week is reasonable, four days a month is too harsh. I mean, if there are five Saturdays in a month, you still get only four playing sessions. IMO the limit should be twice a week.

Quote
Guideline 3: Avoid regularly gambling at more than 2 types of games
IMO it's useless advice. Even if a gambler plays many types of games, it won't matter as long as he knows the limit, guidelines 1 & 2.

What do you think?

I think they were trying to perhaps do a good things by setting some “safer” guidelines when it comes to gambling, but the truth is everyone’s situation is completely different and there’s A LOT of people who shouldn’t even be betting 1%.  10% certainly sounds way to high too me, but again everyone’s situation is different.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: l3pox on August 31, 2022, 02:41:13 PM
Since the article talking about lower risk gambling, they're correct to suggest only use 1% of their income and since they're have limited money to gamble, that's why they give guide to only play 4 times in a month and stick with 2 games. I think everyone don't mind if they loss 1% of their money, not all people are afford to risk their 10% of their income because each people have different risk management and how much the income they got.

IMO there's no limit to gamble, as long as you're not become an addict and already think every risk you've taken, you're fine.

the thing is that the line that separates habits from addiction is thinner for some people
each one will have to figure out what is their safe dose
knowing that if they go to far from the line (and become addicted) it may be hard to get back to a healthy state


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: LUCKMCFLY on August 31, 2022, 02:56:00 PM
Since the article talking about lower risk gambling, they're correct to suggest only use 1% of their income and since they're have limited money to gamble, that's why they give guide to only play 4 times in a month and stick with 2 games. I think everyone don't mind if they loss 1% of their money, not all people are afford to risk their 10% of their income because each people have different risk management and how much the income they got.

IMO there's no limit to gamble, as long as you're not become an addict and already think every risk you've taken, you're fine.

the thing is that the line that separates habits from addiction is thinner for some people
each one will have to figure out what is their safe dose
knowing that if they go to far from the line (and become addicted) it may be hard to get back to a healthy state


You are right, we must also take into account how much each person is capable of risking during 1 month, or if the person risks a part of money each week, as long as a person has control of their salary and can allocate the percentage they consider It is a personal decision, of course, one always tries to advise that the risk is not a lot of money and although sometimes it is very easy to win, it is also very feasible to lose, in fact, losing is most likely when we enter a casino either online or in a physical casino, for me it represents the same risk, if you have a good dose of tranquility and risk management, you can enjoy substantial profits with little money, I apply it to slots.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: virasisog on August 31, 2022, 03:06:14 PM
Since the article talking about lower risk gambling, they're correct to suggest only use 1% of their income and since they're have limited money to gamble, that's why they give guide to only play 4 times in a month and stick with 2 games. I think everyone don't mind if they loss 1% of their money, not all people are afford to risk their 10% of their income because each people have different risk management and how much the income they got.

IMO there's no limit to gamble, as long as you're not become an addict and already think every risk you've taken, you're fine.

the thing is that the line that separates habits from addiction is thinner for some people
each one will have to figure out what is their safe dose
knowing that if they go to far from the line (and become addicted) it may be hard to get back to a healthy state


You are right, we must also take into account how much each person is capable of risking during 1 month, or if the person risks a part of money each week, as long as a person has control of their salary and can allocate the percentage they consider It is a personal decision, of course, one always tries to advise that the risk is not a lot of money and although sometimes it is very easy to win, it is also very feasible to lose, in fact, losing is most likely when we enter a casino either online or in a physical casino, for me it represents the same risk, if you have a good dose of tranquility and risk management, you can enjoy substantial profits with little money, I apply it to slots.

To sum things up, we could spend higher than 1% depending on our monthly income but we should still be responsible on spending. We should always know when to stop and when to continue and be mindful of the risks of gambling. I don't think having a lower capital could lower the risk of gambling but it is our personal control over things and the way we handle our funds.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: arimamib on August 31, 2022, 03:08:22 PM
Truly a laughable joke. Why don't all be guided by not gambling at all so you don't have the slightest risk. Lol
Gambling games are like a double-edged sword, win and lose.
Making a loss limit can still be done by gamblers, for example, limiting capital when visiting Offline or Online Casinos, with a limit on the balance you have can reduce the risk of a greater loss. Gambling is an adrenaline-pumping game, so I think the advice above is completely useless.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: Findingnemo on August 31, 2022, 03:47:19 PM
I stumbled upon random news while browsing, and it uses this article as a citation: https://gamblingguidelines.ca/lower-risk-gambling-guidelines/what-are-the-guidelines/

They say:
Quote
If you gamble, the new Lower-Risk Gambling Guidelines show you how to lower the risks and harms associated with gambling. There are only three guidelines, but you should follow all three.

And the joke begins:
Quote
Guideline 1: Gamble no more than 1% of household income
Don't bet more than 1% of your household income before tax per month. For example, someone with a household income of $70,000 before tax should gamble no more than $58 per month.

$58 per month LMAO! Okay, IIRC I advised people to bet a maximum of 10% of their income, but 1% is just too low. It won't even last one-hour playing penny slots in most cases. And look at this table:
https://i.postimg.cc/63CXb4fV/gamblingguidelines-ca-23-35-17.jpg
Even if you earn 6 figures, you can only bet <$100, less than @roycilik's weekly budget :D

I don't know on what basis they proposed this guidelines! Only for people who is making in billions should gamble?

Okay for safer side lets allocate 1% for our gambling entertainment and about 50% is going to government as direct and indirect taxes right for salaried middle class people so where is the fair scale here.

Every single individual has to pay 100x more to the government's wellness while compromising their own satisfaction, I feel even dictatorship is better than these kind of rules. ::)


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: Gozie51 on August 31, 2022, 04:36:27 PM
For a lesser pressure and fear in gambling , a reasonable gambling should be the guide 1. I think having an average of 1% of family monthly income to try the luck in gamling is not out range. Some addict see gambling as a source of income but to have higher rate of family income to betting is a whole lot of risk. 1% betting stake should be spread across the month for a moderate betting but of course many husbands bet far above that and making their family necessities like rent, feeding and clothing to lack.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: madnessteat on August 31, 2022, 06:10:09 PM
^

It seems to me that if a person does not have enough money for basic necessities such as rent, utilities, food and clothes, he should not think about how much of his family budget to spend on gambling, but about how he can earn more money to ensure a decent life for his family.

Of course I understand that there are a lot of people who can not earn good money, but this is also not a reason to lay down, as now it is possible to get an education and find a good job online.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: Zilon on August 31, 2022, 06:35:26 PM
Quote
Guideline 2: Gamble no more than 4 days per month
While I think once a week is reasonable, four days a month is too harsh. I mean, if there are five Saturdays in a month, you still get only four playing sessions. IMO the limit should be twice a week.
The goal is not to dictate for earners how to go about their gambling activities. From what i get here its a guide to low risk gambling. If one can gamble more than four times a month and still keep their risk minimal then it's just the same as gambling four times a month

Quote
Quote
Guideline 3: Avoid regularly gambling at more than 2 types of games
IMO it's useless advice. Even if a gambler plays many types of games, it won't matter as long as he knows the limit, guidelines 1 & 2.

What do you think?
Every one has their strong suit when it comes to gambling prediction. Some are good at just a single game while others can make predictions on multiple games. This is an advice to an average gambler who needs the advice. Every one knows their strength and weaknesses so if one game is all a gambler knows then its best to stick to that one.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: panjul07 on August 31, 2022, 06:38:46 PM
And the joke begins:
Quote
Guideline 1: Gamble no more than 1% of household income
Don't bet more than 1% of your household income before tax per month. For example, someone with a household income of $70,000 before tax should gamble no more than $58 per month.

$58 per month LMAO! Okay, IIRC I advised people to bet a maximum of 10% of their income, but 1% is just too low. It won't even last one-hour playing penny slots in most cases. And look at this table:

It is a guideline to gamble as low as possible  :D and I think it is a guideline for those who want to gamble for the 1st time.
For those who are experienced enough, I'm sure they have their own limit to spend in weekly/monthly basis.
Of course I have to agree that 1% is too low for regular gambler, I will even say that do not even gamble at all if the budget is limited to 1%.
Imagine those who have average income less than $1,000 per month, should they gamble with less than $10?
It is not a joke anymore, but it is a BIG JOKE.  :D :D



Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: dothebeats on August 31, 2022, 07:20:10 PM
I gamble $20 every Saturday, and try to play it slow and bet modest amounts at a time. It lasts me about 3-4 hours per session, and afterwards I just go about my day and do something else. I earn $2000 a month from my job, and can live comfortably with over a thousand dollars of savings. Never have I felt that 5% of my monthly income is too low for my gambling habits, but if I reduced that to 1%, I might as well just forget gambling because that will surely not give me some fun hours that I'm seeking when I gamble.

The guidelines IMO is extremely conservative to the point that it no longer makes sense. If people with modest incomes can spend 10-20% of their salaries into some kind of hobby, what makes other people earning the same income spend the same amount in gambling, which can be considered as a form of entertainment to these people?

For the number of days per month that they recommend, I actually have no problems with that. If you are living alone and have a lot of time to yourself, you can spend a lot of time watching or gambling, so long as you do not use money that you don't have. For those who have families and actual responsibilities, this makes sense and seems just about right. Most people spend 4-5 days a week working, and 1 day to do laundry and clean the house. 1 day for your self-indulgence isn't selfish, but if you have your own family, you must spend time with them, no ifs, no buts.

Lastly, avoiding different games is making no sense at all. Why would I force myself to play the same game if it no longer entertains me? And if my goal is to get entertained, why will I do the same stuff that no longer brings excitement?  ???


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: Hispo on August 31, 2022, 07:34:26 PM
And the joke begins:
Quote
Guideline 1: Gamble no more than 1% of household income
Don't bet more than 1% of your household income before tax per month. For example, someone with a household income of $70,000 before tax should gamble no more than $58 per month.

$58 per month LMAO! Okay, IIRC I advised people to bet a maximum of 10% of their income, but 1% is just too low. It won't even last one-hour playing penny slots in most cases. And look at this table:

It is a guideline to gamble as low as possible  :D and I think it is a guideline for those who want to gamble for the 1st time.
For those who are experienced enough, I'm sure they have their own limit to spend in weekly/monthly basis.
Of course I have to agree that 1% is too low for regular gambler, I will even say that do not even gamble at all if the budget is limited to 1%.
Imagine those who have average income less than $1,000 per month, should they gamble with less than $10?
It is not a joke anymore, but it is a BIG JOKE.  :D :D


Either this guide was written for those experiencing gambling for the first time or the author of this guide is someone who does not know much about gambling or when gambles she/he is extremly conservative with their money.

There was a time here in my country when we were going to a pretty back economical time and (as absurd as this may sound) gambling became very popular during those days. There were households that survived with less than 100$/month and yet people gambled 5$-50$ every now a then. These were games specifically targeted to the common people nothing fancy.

Considering I saw this period of time makes this article to sound quite more unrealistic from my point of view.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: darkangel11 on August 31, 2022, 07:35:50 PM
$58 per month LMAO! Okay, IIRC I advised people to bet a maximum of 10% of their income, but 1% is just too low. It won't even last one-hour playing penny slots in most cases.

Only if you lose all the time. There are people who can make that $58 into 100 in a single bet and then it's no longer "I won't even last an hour". Maybe your experience is that you start the game on auto, set it to 1 USD and 30 min later you're at 0, but some people can really make money gambling.

I have a friend who bet on some football last week and made $400 from 80. He often wins some money this way. 1% is a safe bet if you want to be completely fine with losing it. Some people can't deal with a loss but all of us can handle 1%


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: SirLancelot on August 31, 2022, 07:49:33 PM
This is closer to telling them not to gamble at all lmao. I myself set a specific amount to gamble on every session, but 1% is way too low, not enough to actually satisfy that craving of gambling. Even if I say that gambling is more for fun, experiencing that fun of winning/losing money is also part. If I was only in it for the game, I might as well just go for playing the same games but without money involved.

As for the number of sessions, I think that's closer to what you prefer, setting up a number for it might just limit you way too much, bringing out more of anticipation than normal which can influence you to go past it in the long term imo.

The 3rd advice is just a joke. It's like asking your average gamer to only buy/play one game in their entire life, that's just a joke. I myself repeat a lot of games that are long and story intensive, whatmore for simple games like the ones in casino.
Well this helps if you are addicted and want to slowly cut it. Sooner or later you will feel not to gamble at all because it's getting close to that. For the starters, I think gambling like this can prevent them from being an addict later on. If you think you can fully control your self then feel free to set up your own limits because you think this was too low for you and won't give you contentment or satisfaction.

Gambling is only a term but you should include if what makes you enjoy it. Is it gambling for the money? Or gambling for the entertainment? If it's for the entertainment then yes, both losing and winning can maximize that fun feeling you are getting.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: Doell on August 31, 2022, 10:30:56 PM
1% guideline is only for those who earn a billionaire's income/month. I gamble almost 15% of my monthly income, if only 1% how is it possible for me to start gambling. For me personally playing small also requires a large enough capital to be able to play again, besides that I gamble in almost every game slots dice sportsbooks etc. Trying my luck but not always lucky ,and if already won I personally always want to play, as a result my amount of win returns to the casino cashier again :D. But for those who gamble on only one game like a sportsbook, possibility that's a guide is perfect.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: carlfebz2 on August 31, 2022, 11:47:06 PM
1% guideline is only for those who earn a billionaire's income/month. I gamble almost 15% of my monthly income, if only 1% how is it possible for me to start gambling. For me personally playing small also requires a large enough capital to be able to play again, besides that I gamble in almost every game slots dice sportsbooks etc. Trying my luck but not always lucky ,and if already won I personally always want to play, as a result my amount of win returns to the casino cashier again :D. But for those who gamble on only one game like a sportsbook, possibility that's a guide is perfect.
It is indeed for billionaires or millionaires but we do really believe that they wouldnt really be just spending 1% of their monthly income whenever they do tend to gambling.It is really that very common that majority

of gamblers will really be that spending their winnings back to the casino whenever they do make out some winning and hoping for more which is really a behavior.You would be spending 10% on your monthly income

but just been said by others that it would really be just too small if you are really that tending to spend 1% which is too small.You cant really be just satisfied with that amount honestly
and for sure that everyone would be agreeing on this one.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: usekevin on September 01, 2022, 12:33:36 AM
Actually it’s look like a joke,but it’s not a joke.The usage of 1 percentage of gambling is not affected your house expenditure,but you can do use of it to earn additional income.People with more gambling knowledge always prepared this way of the investment.This is not a compulsory one for all the people,it’s additional tactics to earn some income by make use of your income.If you want to trade of partial income with the crypto currency,it’s also a good way of earning.But people with gambling knowledge use it for earning income.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: acroman08 on September 01, 2022, 01:03:37 AM
the "guide" shows how little money you can gamble without possibly hurting your finances. anyway, I feel like the whole point of it is to eventually discourage people to gamble because the guide makes gambling sounds like a boring thing to do especially when they mention how many days you should only gamble per month, how many types of games you should only play and how little funds you can use to gamble.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: aioc on September 01, 2022, 01:42:22 AM


What do you think?


I don't think this is possible, the one who can follow this is not really interested in playing in a casino or can enjoy playing in a casino, you can be in safe risk as long as you are comfortable with your losses, entertainment has a price, you watch a movie, go to a concert it has a price and its not about percentage, they spend based on what they can afford because they like to be entertained, you can't enjoy where you can only do 3 to 5 rolls.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: Don Pedro Dinero on September 01, 2022, 04:28:09 AM
the "guide" shows how little money you can gamble without possibly hurting your finances.

Yes, I think the guidelines are set out in a very conservative way. If people followed them, we wouldn't see the problems people report in forum threads.

The good thing about the guidelines is that if you follow them you won't have any major financial problems due to gambling. The bad thing is that they are unrealistic, and practically nobody bets so little in relation to their income.

The other option I see would be to build your bankroll little by little and bet in relation to your bankroll, not your income.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: ethereumhunter on September 01, 2022, 08:26:52 AM
the "guide" shows how little money you can gamble without possibly hurting your finances. anyway, I feel like the whole point of it is to eventually discourage people to gamble because the guide makes gambling sounds like a boring thing to do especially when they mention how many days you should only gamble per month, how many types of games you should only play and how little funds you can use to gamble.
It's just a guide that can help us determine how much we should use in gambling and how many days of the week we will gamble. If we stick to that rule, there is a possibility that we can reduce our activities in playing gambling but it will all come back to us because, in this case, discipline will play an important role in not violating the rules that we have set. The rule can only work if we always try to limit ourselves so as not to get out of what we have created. In addition, trying to do as we have planned may help us a lot during gambling.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: justdimin on September 01, 2022, 11:22:32 AM
I don't think this is possible, the one who can follow this is not really interested in playing in a casino or can enjoy playing in a casino,, entertainment has a price, you watch a movie, go to a concert it has a price and its not about percentage, they spend based on what they can afford because they like to be entertained,
If they aren't really interested then they better not play at all because it's like they are only wasting a money for nothing. Gambling is best to enjoy if you have a real passion for it. You can dedicate enough time/money and by this, you won't mind it hard whenever you are losing.

you can be in safe risk as long as you are comfortable with your losses
I think there are gamblers who are losing big which are above their limits already but it's surprising that they are still calm. That's the only best thing that they can do anyway because beating their selves up will lead to unwanted things.

you can't enjoy where you can only do 3 to 5 rolls.
If your goal is to get entertained then yes but if your goal is only to profit then I think this was still qualified? I already experience to win something big only in 1 to 2 rolls but it can be rare though. Most of the times I go for 15+ rolls to have a better chance to win.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: madnessteat on September 01, 2022, 12:20:30 PM
the "guide" shows how little money you can gamble without possibly hurting your finances. anyway, I feel like the whole point of it is to eventually discourage people to gamble because the guide makes gambling sounds like a boring thing to do especially when they mention how many days you should only gamble per month, how many types of games you should only play and how little funds you can use to gamble.
It's just a guide that can help us determine how much we should use in gambling and how many days of the week we will gamble. If we stick to that rule, there is a possibility that we can reduce our activities in playing gambling but it will all come back to us because, in this case, discipline will play an important role in not violating the rules that we have set. The rule can only work if we always try to limit ourselves so as not to get out of what we have created. In addition, trying to do as we have planned may help us a lot during gambling.

I absolutely agree with you. Each of us spends different amounts on entertainment. Some have no obligations and can feel quite normal after spending 25-50% of their salary on entertainment, and some have a family of several people and loans. Clearly he can't spend that kind of money without harming the family budget. Therefore, the purpose of this guide is to teach gamblers to observe risk management and not to spend money that is meant for other things.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: fortunecrypto on September 01, 2022, 01:10:41 PM

IMO it's useless advice. Even if a gambler plays many types of games, it won't matter as long as he knows the limit, guidelines 1 & 2.

What do you think?
That's a big joke 1% of the household income for those who treat gambling as a source of entertainment will not just spend 1% of their household income, some who considered themselves lower risk spend anywhere from 5 to 15% because you don't restrict your budget on entertainment and recreation if you are in a very lower income bracket and you have a big family that 1% is possible but I can not consider 1% and playing 4 times a week as average for lower risk gambler, lower risk if you are playing within your means and you are the one who will allocate it.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: smartaction on September 01, 2022, 01:49:53 PM
I Think 1% of household income use for gambling is too low . if one person household income is  $200 by doing any kind of job. if he/she want to use 1% of his money for gambling then it will $2 . how can that person can gamble with $2 he he. i think if someone really want to test gambling then he/she should use atleast 5% of his household income


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: l3pox on September 01, 2022, 02:28:12 PM
Since the article talking about lower risk gambling, they're correct to suggest only use 1% of their income and since they're have limited money to gamble, that's why they give guide to only play 4 times in a month and stick with 2 games. I think everyone don't mind if they loss 1% of their money, not all people are afford to risk their 10% of their income because each people have different risk management and how much the income they got.

IMO there's no limit to gamble, as long as you're not become an addict and already think every risk you've taken, you're fine.

the thing is that the line that separates habits from addiction is thinner for some people
each one will have to figure out what is their safe dose
knowing that if they go to far from the line (and become addicted) it may be hard to get back to a healthy state


You are right, we must also take into account how much each person is capable of risking during 1 month, or if the person risks a part of money each week, as long as a person has control of their salary and can allocate the percentage they consider It is a personal decision, of course, one always tries to advise that the risk is not a lot of money and although sometimes it is very easy to win, it is also very feasible to lose, in fact, losing is most likely when we enter a casino either online or in a physical casino, for me it represents the same risk, if you have a good dose of tranquility and risk management, you can enjoy substantial profits with little money, I apply it to slots.

yes, in the end it all comes down to emotional control again
those with more emotional control will probably be able to manage their money in a better way, therefore managing risk and don't risking more than what they can afford to lose.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: Solosanz on September 01, 2022, 03:57:34 PM
I Think 1% of household income use for gambling is too low . if one person household income is  $200 by doing any kind of job. if he/she want to use 1% of his money for gambling then it will $2 . how can that person can gamble with $2 he he. i think if someone really want to test gambling then he/she should use atleast 5% of his household income
It would be better for him to be active on the casino chat to eligible for rain distribution lol since $2 to gamble is really doesn't enough. I think 5%-10% is still make sense, just take it as a self achievement for working in a month full. The thing is as long as they're gamble just for fun and not only looking to chase winning in every month, they're okay. I even use 20% of my income to gamble, but I don't get any problem until now.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: madnessteat on September 01, 2022, 04:25:48 PM
^

You either make good money or you are not responsible for other people (wife and children) - most likely you are still young and do not have children of your own, because if you had them, you would find a more rational use for money than gambling. In my opinion spending 20% of your income on gambling is simply irresponsible. Just consider how much you could earn by investing that money wisely.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: masulum on September 01, 2022, 04:31:53 PM
You either make good money or you are not responsible for other people (wife and children) - most likely you are still young and do not have children of your own, because if you had them, you would find a more rational use for money than gambling. In my opinion spending 20% of your income on gambling is simply irresponsible. Just consider how much you could earn by investing that money wisely.

Not everyone has this kind of thinking. There are many people who have children and wives they have to take care of, but are left behind for gambling. I often see this where I live. In fact, I also have children, few months ago I used my money for gambling and didn't think about this, because at that time I lost quite a lot and wanted to get a win to replace what I had lost, just made me lossing more. This is a commons case. One thing that has been a lesson for me is that it is effort to control money we are playing have an important role.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: Slow death on September 01, 2022, 04:42:20 PM
when you do this type of article or give this type of advice I believe that even the guy who writes this doesn't believe anything he's writing so let's see:

1 - everyone takes the money they earn and has fun with things like:

- buy drinks, watch shows, watch games, travel, will people take 1% of their income to have fun? The answer is simple: NO. people take much more than 1% to have fun, I'll give an example from my country for example, in my country a plane ticket costs 200$ and the lowest price + paying a tourist instance for 2 days would be 450$. .. with that the person would have fun for 2 days every month. So how much salary does this person earn? in most cases it is not even more than 800$. so what if that person took the 450$ and played? would be wrong? NOT!

2 - what is happening is that most people are forgetting that gambling is a form of entertainment like anything else, people are demonizing gambling, being cynical with 1% strategies, 10% expensive if all follow this bullshit who would be a vip member in casinos? how the hell would casinos pay for signature campaign if everyone was playing with less than 50$? every person is entitled to take as much money as he wants and play and have fun. there are people who spend 500$ just to put new parts in their car and go to races and every month they do that, but if that same person takes 500$ and goes to play in a casino he will be criticized with the false moralists.

3 - they keep talking about addiction, honestly since when does playing with little money stop someone from becoming addicted? even without playing with money people become addicted.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: Daltonik on September 01, 2022, 05:14:27 PM
And yet, there is some truth in every joke, and the above "strategy" or better to say a recommendation, seems to me worthy of acceptance, because using 1% of your family's monthly income for gambling can really get rid of a lot of problems and have a little fun without prejudice to everyone.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: serjent05 on September 01, 2022, 08:05:33 PM
What do you think?

I don't think the guideline is a joke since their purpose is to lower the harm (money losses) gambling can cause to a family.  I think it is good enough, since they are not advising to totally shutdown gambling activity engagement.  The amount is a joke I agree  but we can't argue that it is safe enough so that our gambling activity won't have a negative effect on our family budget.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: milewilda on September 01, 2022, 09:21:11 PM
What do you think?

I don't think the guideline is a joke since their purpose is to lower the harm (money losses) gambling can cause to a family.  I think it is good enough, since they are not advising to totally shutdown gambling activity engagement.  The amount is a joke I agree  but we can't argue that it is safe enough so that our gambling activity won't have a negative effect on our family budget.
You are just too far of on getting wrekt by gambling if you do stick with that 1% budget on overall but on every time you do gamble.Are you sure that you wont really be molding up gradually those
kind of intent for your capital to be raised or having some reconsideration on increasing it? If you can control yourself then its good but if not then you would really be increasing those percentage
This is why you shouldnt really make yourself get used to play on constant basis because it is likely those percentages will really change after a period of time but well
people are different when it comes to control and discipline.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: chaser15 on September 01, 2022, 09:35:41 PM
All guidelines stated were actually effective "only" if those will really be followed in reality.

Sounds simple and basic but actually, it's hard to follow those just lower the risks of losing in gambling.

Guideline 1: Gamble no more than 1% of household income
- As if many people can really follow these. Once that 1% loses, we know what happened next.

Guideline 2: Gamble no more than 4 days per month
- People always want to experience the feeling of winning. People also want to chase losses on losing. Therefore that 4 days rule will be a hard task to do for average gamblers.

Guideline 3: Avoid regularly gambling at more than 2 types of games
- I don't understand how this becomes a guideline in the first place


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: Wakate on September 01, 2022, 11:01:59 PM
I stumbled upon random news while browsing, and it uses this article as a citation: https://gamblingguidelines.ca/lower-risk-gambling-guidelines/what-are-the-guidelines/

They say:
Quote
If you gamble, the new Lower-Risk Gambling Guidelines show you how to lower the risks and harms associated with gambling. There are only three guidelines, but you should follow all three.

And the joke begins:
Quote
Guideline 1: Gamble no more than 1% of household income
Don't bet more than 1% of your household income before tax per month. For example, someone with a household income of $70,000 before tax should gamble no more than $58 per month.

$58 per month LMAO! Okay, IIRC I advised people to bet a maximum of 10% of their income, but 1% is just too low. It won't even last one-hour playing penny slots in most cases. And look at this table:
https://i.postimg.cc/63CXb4fV/gamblingguidelines-ca-23-35-17.jpg
Even if you earn 6 figures, you can only bet <$100, less than @roycilik's weekly budget :D

Quote
Guideline 2: Gamble no more than 4 days per month
While I think once a week is reasonable, four days a month is too harsh. I mean, if there are five Saturdays in a month, you still get only four playing sessions. IMO the limit should be twice a week.

Quote
Guideline 3: Avoid regularly gambling at more than 2 types of games
IMO it's useless advice. Even if a gambler plays many types of games, it won't matter as long as he knows the limit, guidelines 1 & 2.

What do you think?
I shouldn't be surprised because based on what the tittle says  "The Lower-Risk Gambling Guidelines" is a way to make us spend less than what what we used to spend on a daily basis with lower risks. I think for a gambler to lower the risks they take during gambling, it has to affect the amount used in gmabling everytime.

Gambling is a risk and we all have to bear in mind that we should always gamble with what we know we can afford to lose which is what the tittle is illustrating to us. The bigger the amount used in gambling the bigger the risk while the little the amount used the less the risk of losing ones capital.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: Wexnident on September 02, 2022, 12:01:18 AM
This is closer to telling them not to gamble at all lmao. I myself set a specific amount to gamble on every session, but 1% is way too low, not enough to actually satisfy that craving of gambling. Even if I say that gambling is more for fun, experiencing that fun of winning/losing money is also part. If I was only in it for the game, I might as well just go for playing the same games but without money involved.
They think 1% is a guaranteed loss, however sometimes you'll win and sometimes you'll lose, therefore the actual total losses won't be at 1%. It can be much lower than that. Hence, raising the percentage of income for gambling is acceptable as long as your total losses end-of-year are closer to 1%.
Fair enough I guess, but by doing that you're basically indicating that you'd win more than lose more no? I actually assume the initial thought you have, is that the amount I gamble is already "lost money" in the sense that I don't have the responsibility to actually bring it out of that specific gambling session. Ofc winning would be for the best, but that isn't exactly the case for almost all of us.

Well this helps if you are addicted and want to slowly cut it. Sooner or later you will feel not to gamble at all because it's getting close to that. For the starters, I think gambling like this can prevent them from being an addict later on. If you think you can fully control your self then feel free to set up your own limits because you think this was too low for you and won't give you contentment or satisfaction.
I'd actually lessen the time, instead of the amount if you were addicted and wanted to get out of it. Slowly reducing the number of times you visit a casino and the duration of stay is much helpful, though a combination of the two would be infinitely better. But if comparing the two, reducing time would be the better option.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: bittraffic on September 02, 2022, 02:56:28 AM
This is closer to telling them not to gamble at all lmao. I myself set a specific amount to gamble on every session, but 1% is way too low, not enough to actually satisfy that craving of gambling. Even if I say that gambling is more for fun, experiencing that fun of winning/losing money is also part. If I was only in it for the game, I might as well just go for playing the same games but without money involved.
They think 1% is a guaranteed loss, however sometimes you'll win and sometimes you'll lose, therefore the actual total losses won't be at 1%. It can be much lower than that. Hence, raising the percentage of income for gambling is acceptable as long as your total losses end-of-year are closer to 1%.
Fair enough I guess, but by doing that you're basically indicating that you'd win more than lose more no? I actually assume the initial thought you have, is that the amount I gamble is already "lost money" in the sense that I don't have the responsibility to actually bring it out of that specific gambling session. Ofc winning would be for the best, but that isn't exactly the case for almost all of us.

Well this helps if you are addicted and want to slowly cut it. Sooner or later you will feel not to gamble at all because it's getting close to that. For the starters, I think gambling like this can prevent them from being an addict later on. If you think you can fully control your self then feel free to set up your own limits because you think this was too low for you and won't give you contentment or satisfaction.
I'd actually lessen the time, instead of the amount if you were addicted and wanted to get out of it. Slowly reducing the number of times you visit a casino and the duration of stay is much helpful, though a combination of the two would be infinitely better. But if comparing the two, reducing time would be the better option.

The guideline tends to prevent a person from gambling because it suggests a tiny capital. But it doesn't mean you'd really follow this guideline, I doubt someone will really follow this guide. In one sports match alone, you can lose $20-50 because you are not satisfied with the odds.

The more you will need a big capital if you engage in Poker or Blackjack. To hell with this guideline, that's what they'd say.





Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: jostorres on September 02, 2022, 03:18:48 AM
I want to tell you that you can not engage in gambling without the knowledge of your children or your family, it's unstoppable and it's not something you can hide for long time, because your mood or feelings when you lose the money you are not suppose to lose with the improper explanation you will give to conver the money you lose will make your family know what you are into and what is bothering you as a gambler. I understand that gambling is something you will do on secret.
If you are good at hiding things then you can gamble without being caught by your family. You can gamble in your phone inside your room or in the bath room while the doors are locked. You will only need to clear your history after it but it will be hard to hide it if you are gambling in a physical casino because they might follow you the moment you go outside. We should not based on how many times we gamble for week or month but we rather based on the number of hours.

Gambling 2 times a week is not a lot if you will only do a couple of rolls on one game but you can say it's too much if you spend an hour or two per session you are making.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: ethereumhunter on September 02, 2022, 03:31:13 AM
I absolutely agree with you. Each of us spends different amounts on entertainment. Some have no obligations and can feel quite normal after spending 25-50% of their salary on entertainment, and some have a family of several people and loans. Clearly he can't spend that kind of money without harming the family budget. Therefore, the purpose of this guide is to teach gamblers to observe risk management and not to spend money that is meant for other things.
That is correct. And knowing the amount we can spend on gambling, I don't think it interferes with the family budget that we have created so that both money for gambling and money for the family budget can go together. If a person can manage the risk and not cross the limits they have set, they can even enjoy the moments of gambling, which will not make them addicted. They will know when it's time for them to gamble and when it's time to stay away from gambling for a while because they can come back whenever they want and use the money free of all the necessities of life.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: qwertyup23 on September 02, 2022, 12:27:56 PM
if you earn 6 figures a month, you may really spend huge for anything you enjoy doing. so the guideline will make you think of following it once you see yourself losing half of the 6 figures. it sounds like a joke but i guess this will serve as a reminder moderately gamble the money out from your wallet. its probably just for people to minimize the habit.



I think the table that was posted is merely a guideline that is considered as the general rule whenever a person gambles. Of course, like you mentioned, this will drastically differ especially if a person earns a significant amount of income.

In terms of the the times a person gambles, I think it wholly depends on his lifestyle if he can afford it. While the guidelines provide a 1% amount of betting based on your total income, it is not necessary that you have to follow such. Again, it all boils down to the preference of the gambler as a whole.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: _act_ on September 02, 2022, 01:35:33 PM
I want to tell you that you can not engage in gambling without the knowledge of your children or your family, it's unstoppable and it's not something you can hide for long time, because your mood or feelings when you lose the money you are not suppose to lose with the improper explanation you will give to conver the money you lose will make your family know what you are into and what is bothering you as a gambler. I understand that gambling is something you will do on secret.
You are talking about addicted and those that are risking highly on gambling.

If I lose, I am good, if I win too, I am good. Nothing like depression or bad thinking all because I lose, that is because I use the amount of money that is very low enough that I can give someone and forget about in few days.

It depends, some people are gambling and yet their family may not know. But I do not see it wise at all, I will not like to keep anything for my wife, I can keep it from my children, but not my wife. If she knows her husband is not addicted and not affecting them financially (I mean to gamble in a responsible way), telling his husband to quit will never even come his mind, women do not just tell her husband that is gambling to quit, she would have been knowing that gambling is becoming something else on the life of here husband.

But in any way, I will always advice parents to keep it away from their children and education them on how people can be a victim of gambling addiction.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: gunhell16 on September 02, 2022, 03:50:12 PM
I think even if there are guidelines showing that platform for gamblers, most of the players who love gambling will not notice that much. Then there are other gamblers for sure who have their own style of how to win and when to stop or continue the game. Although mostly this method is not done by the majority of gamblers here in gambling.

Also, the fact that you will only gamble 4 times a month, oh the majority of gamblers will not be able to follow this, especially for those who have become a routine of gambling every day of their lives.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: masulum on September 02, 2022, 04:11:58 PM
I think even if there are guidelines showing that platform for gamblers, most of the players who love gambling will not notice that much. Then there are other gamblers for sure who have their own style of how to win and when to stop or continue the game. Although mostly this method is not done by the majority of gamblers here in gambling.

Also, the fact that you will only gamble 4 times a month, oh the majority of gamblers will not be able to follow this, especially for those who have become a routine of gambling every day of their lives.

So, some of these guidelines must be fulfilled, maybe that's enough. For example, we cannot fulfill 4 times of playing in 1 month. However, we are still playing in the guideline 1, which is about 10% of our monthly income. If this 10% is met, even though playing more than 4x of course it is still safe for the gambler's finances.

Of course, this is not advice for all gamblers, but for gambler with small incomes, this is a guideline that can be applied so they are out from excessive gambling addiction.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: LUCKMCFLY on September 05, 2022, 06:39:50 AM
All guidelines stated were actually effective "only" if those will really be followed in reality.

Sounds simple and basic but actually, it's hard to follow those just lower the risks of losing in gambling.

Guideline 1: Gamble no more than 1% of household income
- As if many people can really follow these. Once that 1% loses, we know what happened next.

Guideline 2: Gamble no more than 4 days per month
- People always want to experience the feeling of winning. People also want to chase losses on losing. Therefore that 4 days rule will be a hard task to do for average gamblers.

Guideline 3: Avoid regularly gambling at more than 2 types of games
- I don't understand how this becomes a guideline in the first place

Well, they are very interesting guidelines, although they are not conceptual or do not have a global sense, what is sought is globality, because some of these guidelines, at least with me, do not work, I play many things, poker, Black Jack, slots, crash, and many other things.

For me the greatest of the most important guidelines is that the money that is allocated to the game is the amount that is willing to lose, and if this exceeds 1% it does not matter to me, if it is less than 1% also, because I can divide it into 1 week and this could give me benefits, if a person is able to allocate a large part of the money without being affected, they can do it, and I think that is one of the best things that can be squared.

I think even if there are guidelines showing that platform for gamblers, most of the players who love gambling will not notice that much. Then there are other gamblers for sure who have their own style of how to win and when to stop or continue the game. Although mostly this method is not done by the majority of gamblers here in gambling.

Also, the fact that you will only gamble 4 times a month, oh the majority of gamblers will not be able to follow this, especially for those who have become a routine of gambling every day of their lives.

So, some of these guidelines must be fulfilled, maybe that's enough. For example, we cannot fulfill 4 times of playing in 1 month. However, we are still playing in the guideline 1, which is about 10% of our monthly income. If this 10% is met, even though playing more than 4x of course it is still safe for the gambler's finances.

Of course, this is not advice for all gamblers, but for gambler with small incomes, this is a guideline that can be applied so they are out from excessive gambling addiction.

It is very complicated to do it, we as players must have a type of discipline and I very much agree that rules must be followed, according to each person, each one has their own rules, the bad thing is when we break our own rules , we can not because we would lose, it is very likely that this feeling will go away, however the guidelines that they give here can be useful to people who have that type of personality to play, because these guidelines can be very adaptable to their way of playing, but in my case it is very difficult because I would be changing all my rules, and that is something that would be very difficult for me.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: dothebeats on September 05, 2022, 07:02:40 AM
You either make good money or you are not responsible for other people (wife and children) - most likely you are still young and do not have children of your own, because if you had them, you would find a more rational use for money than gambling. In my opinion spending 20% of your income on gambling is simply irresponsible. Just consider how much you could earn by investing that money wisely.

Not everyone has this kind of thinking. There are many people who have children and wives they have to take care of, but are left behind for gambling. I often see this where I live. In fact, I also have children, few months ago I used my money for gambling and didn't think about this, because at that time I lost quite a lot and wanted to get a win to replace what I had lost, just made me lossing more. This is a commons case. One thing that has been a lesson for me is that it is effort to control money we are playing have an important role.

People often undermine the fact that we as a species tend to make obviously foolish decisions at times. Also, we sometimes compound our mistakes with another mistake, which causes more problems for us. I believe it when you say that this is a commonly occurring case, especially when gambling is involved because a lot of people still haven't learn about the dire consequences of their actions and their persistence of gaining something what they lost. It's insanity to expect a different result by doing the same thing over and over, and Einstein is right about that. Even if you play conservatively on your bets as was endorsed here in OP; you're still bound to lose some money in the long run.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: coin-investor on September 05, 2022, 07:16:04 AM


Of course, this is not advice for all gamblers, but for gambler with small incomes, this is a guideline that can be applied so they are out from excessive gambling addiction.

But can those gamblers with meager income can keep up, if they are that discipline they can but the majority of gamblers are not that discipline to follow that advice as gambling is addictive even if you treat it as a form of entertainment you'll still find a way to play to your satisfaction, we are playing to fill our satisfaction it's hard to restrict us, we can only play within our means or work more to reach additional income to add to our playing time.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: masulum on September 05, 2022, 10:42:41 AM
But can those gamblers with meager income can keep up, if they are that discipline they can but the majority of gamblers are not that discipline to follow that advice as gambling is addictive even if you treat it as a form of entertainment you'll still find a way to play to your satisfaction, we are playing to fill our satisfaction it's hard to restrict us, we can only play within our means or work more to reach additional income to add to our playing time.

I do not guarantee that all players with small salaries can do these tips, nor do I guarantee myself that I can do these tips. But, there were times what I read from these tips reminded me to stop. Just like you said, gambling addiction becomes a problem for playing discipline. Although tips like this don't guarantee it, at least maybe that player reads to remember when he's already in a position to exceed playing limits.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: Bitinity on September 05, 2022, 11:08:20 AM
Yes it is a joke for me and I'm imagining how if this guideline is applied to other things than gambling. For example real sports such as badminton, football, futsal etc where we need to buy some stuffs or maybe to rent the court. I guess many people will have to stop their hobby if they follow this guideline as it will impossible for them to do their hobby unless they have a really huge monthly/yearly income. Back to gambling, I believe most experienced gambler knows how to spend their money wisely. However if this guideline is solely created to newbie, I think the best title should be "Don't gamble unless your income reach millions dollar per year".  ;D


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: Viscore on September 05, 2022, 08:42:15 PM
And yet, there is some truth in every joke, and the above "strategy" or better to say a recommendation, seems to me worthy of acceptance, because using 1% of your family's monthly income for gambling can really get rid of a lot of problems and have a little fun without prejudice to everyone.
OP’s recommendation is really good and very practical. But this will only be followed if you are a disciplined gambler as you always make sure you’re only using the allotted amount to gamble. For those who gamble every time they have extra money, and that they find gambling to relieve stress and find entertainment, then this strategy will never work for them. But as long as you only gamble on the amount you can afford to lose, I think that’s still fine.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: Gozie51 on September 05, 2022, 09:29:47 PM
However if this guideline is solely created to newbie, I think the best title should be "Don't gamble unless your income reach millions dollar per year".  ;D

Such a joke that newbies will find not funny. Newbies are culprit of high gambling because they see every chance to gamble as opportunity to make profit and so they won't have to wait to take a bet until they exhausted all that money with them. Sometimes the advise of betting moderately sounds like it is mere news , newbies will not keep to that and that wouldn't make their income reach millions because of losses  ;D


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: serjent05 on September 05, 2022, 09:35:01 PM
What do you think?

I don't think the guideline is a joke since their purpose is to lower the harm (money losses) gambling can cause to a family.  I think it is good enough, since they are not advising to totally shutdown gambling activity engagement.  The amount is a joke I agree  but we can't argue that it is safe enough so that our gambling activity won't have a negative effect on our family budget.
You are just too far of on getting wrekt by gambling if you do stick with that 1% budget on overall but on every time you do gamble.Are you sure that you wont really be molding up gradually those
kind of intent for your capital to be raised or having some reconsideration on increasing it? If you can control yourself then its good but if not then you would really be increasing those percentage
This is why you shouldnt really make yourself get used to play on constant basis because it is likely those percentages will really change after a period of time but well
people are different when it comes to control and discipline.

True that, if we gamble on a regular basis, we will eventually think that 1% is too small because we are getting used to it.  So to make it more entertaining, we increase the percentage gradually until it almost eats up our income.  The guideline indeed needs a solid discipline because the suggestion is almost the same as "we are only allowed to bet 1 try once every week".

I think those who formulate these kinds of guidelines are not in this world. LOL


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: Mahanton on September 05, 2022, 10:36:02 PM
From the things i see in gambling it does not have low risk what it have is risk, the risk i noticed with gamblling is similar to the risk which is involved in any other cryptocurrency related. I notice that gambling is as same as what we are dealing with. Do you know that even the cryptocurrency that everyone is buying is also an risk and provided that you have invested on it, is as same you think of gambling
I disagree on what you had said.

Buying coins = Investment
Gambling games = Entertainment/Leisure

You cant really just make both things to be similar because they do have different level of risk and one of them is pertaining about investment which we know that it does
have risk but not as high on the thing you could see on gambling.So you should really make yourself in between the difference among the two.
Speaking about on how much a person should be spending then it would vary..It doesnt matter if 1% or 100% its none of our business.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: AicecreaME on September 06, 2022, 02:35:09 AM
From the things i see in gambling it does not have low risk what it have is risk, the risk i noticed with gamblling is similar to the risk which is involved in any other cryptocurrency related. I notice that gambling is as same as what we are dealing with. Do you know that even the cryptocurrency that everyone is buying is also an risk and provided that you have invested on it, is as same you think of gambling

Sure, gambling and crypto has risks, but they vary in level.

Gambling is a recreational and leisure activity. The main purpose of gambling is to entertain and its bonus factor is that you can profit while you are playing. You get to enjoy what you are doing with potential source of income on the side. However, gambling being a leisure activity with potential earning could be blinding to some. Without the firm sense of responsibility and discipline, some become lost in gambling. Due to its nature to entertain and at the same time to make profit, some people disregard the risks that come along with gambling, thinking that it's just low. However, the risks in gambling could be great depending on how you let it control and take over you instead of you utilizing it to your own advantage.

Meanwhile, cryptocurrency is an investment and not really an entertainment. People enter cryptocurrency to gain income and to become their storage of fund to avoid inflation. This appreciates overtime as long as you invested in a great crypto coin. Once you enter in an ideal position which is low price point, you can profit as much if you'll take profit once it sky rockets and hit your desired value to TP. In this case, you should just make sure that you know what you are doing. Otherwise, the risk would be big too because if you don't know where you are putting your money, you are basically burning it already with your very own hands.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: btc78 on September 06, 2022, 06:50:51 AM
From the things i see in gambling it does not have low risk what it have is risk, the risk i noticed with gamblling is similar to the risk which is involved in any other cryptocurrency related. I notice that gambling is as same as what we are dealing with. Do you know that even the cryptocurrency that everyone is buying is also an risk and provided that you have invested on it, is as same you think of gambling
but not riskier than gambling mate, Investing in crypto is some what risky but can be adjusted depend on how the market will show us but  in gambling? even how good you are yet everything will depend on how Luck sustain in our side so better not to expect too much instead best if you can take holding your currency and never let people influences you.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: kamvreto on September 06, 2022, 03:17:44 PM
From the things i see in gambling it does not have low risk what it have is risk, the risk i noticed with gamblling is similar to the risk which is involved in any other cryptocurrency related. I notice that gambling is as same as what we are dealing with. Do you know that even the cryptocurrency that everyone is buying is also an risk and provided that you have invested on it, is as same you think of gambling
but not riskier than gambling mate, Investing in crypto is some what risky but can be adjusted depend on how the market will show us but  in gambling? even how good you are yet everything will depend on how Luck sustain in our side so better not to expect too much instead best if you can take holding your currency and never let people influences you.

I agree with what you said about investing in crypto that has risks but we can adjust to market conditions that occur. but gambling is completely dependent on luck, if luck doesn't last then there will be losses that keep coming. every type of work has risks, crypto investing or gambling has its own risks.
Gambling cannot be said to be a low risk job because the ratio of luck and loss is 50:50, this is certainly very risky. luck cannot be predicted and manipulated.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: mu_enrico on September 06, 2022, 03:56:00 PM
I think the best title should be "Don't gamble unless your income reach millions dollar per year".  ;D
A good point to emphasize on 1% of Elon Musk's yearly income carries a different weight than 1% of our income. It would be wise if the low-middle class shouldn't spend on hobbies, as they must spend more than 1%. But YOLO I guess, it's just human nature. Imagine 1% of a minimum wage of IDR 4,500,000/month = IDR 45,000/month for hobby! It won't even cover cat food for 1 month :D

They think 1% is a guaranteed loss, however sometimes you'll win and sometimes you'll lose, therefore the actual total losses won't be at 1%. It can be much lower than that. Hence, raising the percentage of income for gambling is acceptable as long as your total losses end-of-year are closer to 1%.
Fair enough I guess, but by doing that you're basically indicating that you'd win more than lose more no? I actually assume the initial thought you have, is that the amount I gamble is already "lost money" in the sense that I don't have the responsibility to actually bring it out of that specific gambling session. Ofc winning would be for the best, but that isn't exactly the case for almost all of us.
Noooo
I mean, let's say we use the cat food example above. The money you spent on the cat food is a guaranteed loss so your total expenses are always fixed at 1% per month => 1% per year.

Meanwhile, in gambling, a player can get zeroed (-1%), partial loss (less than -1%), small win (+x%), or big win (xx%). It should be carried over for 1-year period. Me for example, use probably 15% of my monthly income, but at the end of the year, my total losses won't be at 15% because of the house edge.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: Boristhecat on September 06, 2022, 03:59:47 PM
Twice a week is a huge number if you have a family and a regular job that takes 5 days a week. If you devote time to your wife, children, work, household chores, then 2 days a week for gambling is a lot. Perhaps this is advice for family people?
It's not like we play 24 hours straight tho. Twice a week (like Saturday and Sunday) with 3 hours playing session should be okay.
-skip-

I understand what you are talking about and meant just about such game sessions. 3 hours is a good time to "feel the game" to take your mind off everything and have fun. But I talk like a family person and such sessions are definitely not available for me on weekdays, and there are so many things to do with the family on the weekends that I would rather play once a week than twice because I would not like to hear my wife's reproaches, haha.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: Webetcoins on September 06, 2022, 04:26:20 PM
Yes it is a joke for me and I'm imagining how if this guideline is applied to other things than gambling. For example real sports such as badminton, football, futsal etc where we need to buy some stuffs or maybe to rent the court. I guess many people will have to stop their hobby if they follow this guideline as it will impossible for them to do their hobby unless they have a really huge monthly/yearly income. Back to gambling, I believe most experienced gambler knows how to spend their money wisely. However if this guideline is solely created to newbie, I think the best title should be "Don't gamble unless your income reach millions dollar per year".  ;D
I don't think those who create these guidelines are joking but maybe there is only a typo on their first guideline because 1 percent is really tiny no matter if you are a big or a small earner but their second and third guidelines seems to normal and acceptable. I only gamble once per week and sometimes I decide to gamble once per month because I over think about my small losses.

I also play with one game at most but sometimes I can do two games if my deposits are a little bigger. More than this can make me think that my budget wont be enough already to fully enjoy the game. They didn't say that this guideline can be applied outside, that's why you think it seems impossible.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: South Park on September 06, 2022, 08:22:18 PM
Yes it is a joke for me and I'm imagining how if this guideline is applied to other things than gambling. For example real sports such as badminton, football, futsal etc where we need to buy some stuffs or maybe to rent the court. I guess many people will have to stop their hobby if they follow this guideline as it will impossible for them to do their hobby unless they have a really huge monthly/yearly income. Back to gambling, I believe most experienced gambler knows how to spend their money wisely. However if this guideline is solely created to newbie, I think the best title should be "Don't gamble unless your income reach millions dollar per year".  ;D
Basically this, while it is important to have financial goals and do what we can in order to achieve them, at the same time we cannot live our lives as if we are in some sort of financial simulator, we also need to get some entertainment and unless you are incredibly rich 1% is simply not going to cut it, just think about how much money people spend already on all of those streaming apps to watch their favorite content, if that 1% rule was applied everywhere I doubt people would have enough money just to buy one of those services, so a balance must be reached between being financially responsible and spending some of that money away.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: Oasisman on September 06, 2022, 08:49:23 PM
Twice a week is a huge number if you have a family and a regular job that takes 5 days a week. If you devote time to your wife, children, work, household chores, then 2 days a week for gambling is a lot. Perhaps this is advice for family people?
It's not like we play 24 hours straight tho. Twice a week (like Saturday and Sunday) with 3 hours playing session should be okay.
-skip-

I understand what you are talking about and meant just about such game sessions. 3 hours is a good time to "feel the game" to take your mind off everything and have fun. But I talk like a family person and such sessions are definitely not available for me on weekdays, and there are so many things to do with the family on the weekends that I would rather play once a week than twice because I would not like to hear my wife's reproaches, haha.

No husband wants to hear their wife's reproach and when they start talking they'll not gonna stop until they're not done lol.

Well, I have to agree weekends are meant to be for the family, I mean the whole day or so. But, some people can still manage the balance between personal and family leisure. Me too I am a family person, but I've changed a lot now in terms of my gambling habits. I could spend a spare to gamble every other night after work but I choose not to, usually.



Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: l3pox on September 06, 2022, 10:04:33 PM
I Think 1% of household income use for gambling is too low . if one person household income is  $200 by doing any kind of job. if he/she want to use 1% of his money for gambling then it will $2 . how can that person can gamble with $2 he he. i think if someone really want to test gambling then he/she should use atleast 5% of his household income
It would be better for him to be active on the casino chat to eligible for rain distribution lol since $2 to gamble is really doesn't enough. I think 5%-10% is still make sense, just take it as a self achievement for working in a month full. The thing is as long as they're gamble just for fun and not only looking to chase winning in every month, they're okay. I even use 20% of my income to gamble, but I don't get any problem until now.

isn't 20% a bit too much?
I mean, it may be good when you are making money
but if losing it's a huge punch... probably hurts

besides these 20% that goes to gambling do you also invest part of your income?

just curious


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: traderethereum on September 07, 2022, 10:09:41 AM
No husband wants to hear their wife's reproach and when they start talking they'll not gonna stop until they're not done lol.

Well, I have to agree weekends are meant to be for the family, I mean the whole day or so. But, some people can still manage the balance between personal and family leisure. Me too I am a family person, but I've changed a lot now in terms of my gambling habits. I could spend a spare to gamble every other night after work but I choose not to, usually.
What you say is true because the wife will keep talking to her husband non stop and will not stop unless we leave them for a while ;D
It would be nice if we could balance our time between going out, working, and having fun.
But some people prefer to play gambling in their spare time rather than hanging out with other family members.
What is clear we can know is that we never use a lot of money to gamble.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: madnessteat on September 07, 2022, 10:34:56 AM
^

I read in an article that elderly people before they die most of all regret that they spent little time with their families, tried to spend more time earning money, and had little rest. I am not in the habit of gambling very often, besides I believe that the more often a person gambles, the more likely he will become a gambling addict. It is enough for me two or three gambling sessions a month. I try to devote time to my family on a daily basis, but because of work it is not always possible.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: Boristhecat on September 07, 2022, 10:37:59 AM
I understand what you are talking about and meant just about such game sessions. 3 hours is a good time to "feel the game" to take your mind off everything and have fun. But I talk like a family person and such sessions are definitely not available for me on weekdays, and there are so many things to do with the family on the weekends that I would rather play once a week than twice because I would not like to hear my wife's reproaches, haha.

No husband wants to hear their wife's reproach and when they start talking they'll not gonna stop until they're not done lol.

Well, I have to agree weekends are meant to be for the family, I mean the whole day or so. But, some people can still manage the balance between personal and family leisure. Me too I am a family person, but I've changed a lot now in terms of my gambling habits. I could spend a spare to gamble every other night after work but I choose not to, usually.

Playing before bed when you are already lying in bed with a smartphone seems like a convenient option to play for half an hour or an hour, but from my own experience I can say that gambling can throw me off balance (win or lose) and eventually I will have trouble falling asleep. In my youth this was not a problem, but now I have to take it into account. It's quite funny how age and marital status affect our attitude towards gambling.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: Adbitco on September 07, 2022, 11:00:26 AM
Somehow this is very helpful but it depends on what kind of games you gamble about at initially when you can decides to choose among the weekly days to gamble or even betting ones per month would really help if only we don't apply greed. Greed is most thing that causes every gambler to lose money, maybe at point of trying to get back what they lost always resulting losing more than before, so at this point whenever you gamble and lost don't you try gambling or place a bet anymore to cover what you have lost instead, take a break for a whole week or a month and predicts your favorites club to predict your games before gambling.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: l3pox on September 07, 2022, 03:44:41 PM
I understand what you are talking about and meant just about such game sessions. 3 hours is a good time to "feel the game" to take your mind off everything and have fun. But I talk like a family person and such sessions are definitely not available for me on weekdays, and there are so many things to do with the family on the weekends that I would rather play once a week than twice because I would not like to hear my wife's reproaches, haha.

No husband wants to hear their wife's reproach and when they start talking they'll not gonna stop until they're not done lol.

Well, I have to agree weekends are meant to be for the family, I mean the whole day or so. But, some people can still manage the balance between personal and family leisure. Me too I am a family person, but I've changed a lot now in terms of my gambling habits. I could spend a spare to gamble every other night after work but I choose not to, usually.

Playing before bed when you are already lying in bed with a smartphone seems like a convenient option to play for half an hour or an hour, but from my own experience I can say that gambling can throw me off balance (win or lose) and eventually I will have trouble falling asleep. In my youth this was not a problem, but now I have to take it into account. It's quite funny how age and marital status affect our attitude towards gambling.

that's because you need a balanced brain chemistry to sleep
usually serotonin is transformed into melatonin that makes you feel relaxed and asleep
gambling will usually flood your brain with exciting neurotransmitters, it can definitely ruin a good night of sleep


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: masulum on September 07, 2022, 04:51:14 PM
Playing before bed when you are already lying in bed with a smartphone seems like a convenient option to play for half an hour or an hour, but from my own experience I can say that gambling can throw me off balance (win or lose) and eventually I will have trouble falling asleep. In my youth this was not a problem, but now I have to take it into account. It's quite funny how age and marital status affect our attitude towards gambling.

It would be great if that happened to me. I would actually avoid playing before bed. because I was worried that I would lose the game and it made me want to keep playing. When I'm not in control, then I will make more deposits, and this will bother me even more to be able to tide comfortably. This is what I experienced, of course it will different from what was experienced by other members in this forum.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: Lanatsa on September 07, 2022, 08:50:57 PM
Playing before bed when you are already lying in bed with a smartphone seems like a convenient option to play for half an hour or an hour, but from my own experience I can say that gambling can throw me off balance (win or lose) and eventually I will have trouble falling asleep. In my youth this was not a problem, but now I have to take it into account. It's quite funny how age and marital status affect our attitude towards gambling.

It would be great if that happened to me. I would actually avoid playing before bed. because I was worried that I would lose the game and it made me want to keep playing. When I'm not in control, then I will make more deposits, and this will bother me even more to be able to tide comfortably. This is what I experienced, of course it will different from what was experienced by other members in this forum.

I do have that kind of experience before going to bed then i do play gambling which it is really something that would be disruptive specially when you do lose a big amount.
Instead on having a good sleep you would rather be stressing out yourself which would really be that not a good thing to have before you do sleep this is why i avoid on doing this.When im going to bed
then im trying out my best on distracting myself via social media and it is really better rather than making yourself get involved with gambling which
it would really be giving that negative experience.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: dataispower on September 07, 2022, 09:01:09 PM

Do you now feel like you are addicted because you play all your week's pay? 

Its not a low risk but it negates the idea about you enjoying your weekend which gambling was suppose to be entertainment.  I don't know if you are really going to follow this guideline because it seem meant for you to lose 4 days a month for $8. Well its just $8 anyway but I'd rather add the amount to beer budget.
Sometimes we who deliberate on gambling does not know that gambling is all about entertainment and mostly for people who is financial buoyant. Because the mindset of people who is money buoyant is to make profit from any steps of gambling which they engaged on. I believe that nobody should give anyone a guideline on how to gamble, because i believe that engaging in gambling is a personal assignment which is being carried out any person. So someone can decide for using it's daily feeding funds for gambling and it's a personal business and concern


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: Wakate on September 07, 2022, 11:23:26 PM
However if this guideline is solely created to newbie, I think the best title should be "Don't gamble unless your income reach millions dollar per year".  ;D

Such a joke that newbies will find not funny. Newbies are culprit of high gambling because they see every chance to gamble as opportunity to make profit and so they won't have to wait to take a bet until they exhausted all that money with them. Sometimes the advise of betting moderately sounds like it is mere news , newbies will not keep to that and that wouldn't make their income reach millions because of losses  ;D
There is no newbie that will ever want to take that into consideration because it may look weak and impossible to them. They can lack the ability to wait and gamble with small fund because they will want to be like there favorite gambler or like someone they are always inspired by there stories. The see the road to making a lots of money from gambling as easy as possible but never new that everything takes time and concentration.

We can't force ourselves to win when we gamble. Gambling is a spirit and we can always be intoxicated by what we hear and see which can make us loss guard and take up the most interesting part as our routine gambling habit.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: AicecreaME on September 08, 2022, 03:07:46 AM
However if this guideline is solely created to newbie, I think the best title should be "Don't gamble unless your income reach millions dollar per year".  ;D

Such a joke that newbies will find not funny. Newbies are culprit of high gambling because they see every chance to gamble as opportunity to make profit and so they won't have to wait to take a bet until they exhausted all that money with them. Sometimes the advise of betting moderately sounds like it is mere news , newbies will not keep to that and that wouldn't make their income reach millions because of losses  ;D
There is no newbie that will ever want to take that into consideration because it may look weak and impossible to them. They can lack the ability to wait and gamble with small fund because they will want to be like there favorite gambler or like someone they are always inspired by there stories. The see the road to making a lots of money from gambling as easy as possible but never new that everything takes time and concentration.

We can't force ourselves to win when we gamble. Gambling is a spirit and we can always be intoxicated by what we hear and see which can make us loss guard and take up the most interesting part as our routine gambling habit.

I think this is a case to case basis. Gamblers differ in style. There are newbies that are cautious in gambling because they are afraid of losing so much especially they are still just starting. While there are also newbies that are impulsive in gambling because they feel the need to spend more to win more. It varies in perspective and risk management of a person. Although there are few mistakes that are generally made by newbies because of lack of knowledge and experience.

Indeed, we can't force gambling winning, but we can make things and do several strategies to win in order to profit. In gambling, you need to be skilled and knowledgeable in some areas. It also requires luck so we should already know that not everytime we will win. Sometimes we will lose as well and the percentage of winning will now depend on how we will do things.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: traderethereum on September 08, 2022, 05:15:53 AM
^

I read in an article that elderly people before they die most of all regret that they spent little time with their families, tried to spend more time earning money, and had little rest. I am not in the habit of gambling very often, besides I believe that the more often a person gambles, the more likely he will become a gambling addict. It is enough for me two or three gambling sessions a month. I try to devote time to my family on a daily basis, but because of work it is not always possible.
Yes, that's correct. Many of them regret not being able to spend their time with their families and in the end, the family relations between them are not well established.
We can do anything out there that has nothing to do with going out but in the end, we will come back home, where all our families come together.
You have done the best you can by not gambling too often and we should all try like you to avoid possible gambling addiction.
And we also need to devote time to family daily and make the best of it.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: Oasisman on September 08, 2022, 05:58:31 AM
However if this guideline is solely created to newbie, I think the best title should be "Don't gamble unless your income reach millions dollar per year".  ;D

Such a joke that newbies will find not funny. Newbies are culprit of high gambling because they see every chance to gamble as opportunity to make profit and so they won't have to wait to take a bet until they exhausted all that money with them. Sometimes the advise of betting moderately sounds like it is mere news , newbies will not keep to that and that wouldn't make their income reach millions because of losses  ;D

What you have said is not only applicable with the newbies. I've seen guys around here who has been in gambling world for quite a long time already. They may have won at some point, but the losses they spent is a countless bucks, probably millions already.
I might say, those who gambles moderately, newbies or not are lucky to have a good self control and discipline.
Nevertheless, we're not only talking about newbies here, but also those who gambles until their pocket gets exhausted, regularly.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: xSkylarx on September 08, 2022, 07:38:44 AM
IMO it's useless advice. Even if a gambler plays many types of games, it won't matter as long as he knows the limit, guidelines 1 & 2.

What do you think?

Those guidelines are definitely useless. Every gambler has their own gambling habit so it would feel like someone is dictating you how to gamble properly. As long as he does it in moderation and his other financial responsibilities are not being compromised then there is no reason to limit your budget which will just reduce their satisfaction if they follow those guidelines..


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: madnessteat on September 08, 2022, 11:14:12 AM
^

Of course each of us decides for himself how much money he is ready to spend on gambling, but I think that restrictive measures are necessary in everything. Besides these recommendations are mostly aimed at minimization of expenses and time spent at gambling sites, which in its turn contributes to reduction of risks of gambling addiction. 


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: boyptc on September 08, 2022, 11:26:30 AM
Every gambler has their own gambling habit so it would feel like someone is dictating you how to gamble properly. As long as he does it in moderation and his other financial responsibilities are not being compromised then there is no reason to limit your budget which will just reduce their satisfaction if they follow those guidelines..
I have to agree to that.

About the last part that you're not compromising the other financial obligations that you have. Whether you gamble daily with two or more games, as long as you're not touching and neglecting your financial duties then that's okay.

Somethings might work for you and could be better if you just follow what you think is the right thing to do. From being a newbie, take any advise that could seem to be focused on giving a thought of being careful as a gambler and is trying to help you to be in a harmless situation.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: l3pox on September 08, 2022, 03:12:35 PM
Playing before bed when you are already lying in bed with a smartphone seems like a convenient option to play for half an hour or an hour, but from my own experience I can say that gambling can throw me off balance (win or lose) and eventually I will have trouble falling asleep. In my youth this was not a problem, but now I have to take it into account. It's quite funny how age and marital status affect our attitude towards gambling.

It would be great if that happened to me. I would actually avoid playing before bed. because I was worried that I would lose the game and it made me want to keep playing. When I'm not in control, then I will make more deposits, and this will bother me even more to be able to tide comfortably. This is what I experienced, of course it will different from what was experienced by other members in this forum.


there are some studies that says that power of choice goes down after you made a lot of decisions along the day
so this would make complete sense
it'd be easier to resist an urge right after waking up than right before sleeping


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: masulum on September 08, 2022, 04:59:53 PM
I do have that kind of experience before going to bed then i do play gambling which it is really something that would be disruptive specially when you do lose a big amount.
Instead on having a good sleep you would rather be stressing out yourself which would really be that not a good thing to have before you do sleep this is why i avoid on doing this.When im going to bed
then im trying out my best on distracting myself via social media and it is really better rather than making yourself get involved with gambling which
it would really be giving that negative experience.
Well, diverting attention to something else before bed will be much more relaxing for me than gambling. Because, I once tried to gamble in the mid night because i read in the Slots 101: Basics, Strategies, and Discussion (with poll) thread (https://bitcointalk.org/index.php?topic=5249415.660) someone once said that the live RTP pragmatic was in the range of 23:00 - 05:00 (even not guarantee have a good results, but i trying it), at that time I wanted to tried 10x buy free spins and promises to stop, but I lost and finally I didn't sleep trying to get the win and play with multiple deposit.  ;D


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: dezoel on September 08, 2022, 08:55:13 PM
Every gambler has their own gambling habit so it would feel like someone is dictating you how to gamble properly. As long as he does it in moderation and his other financial responsibilities are not being compromised then there is no reason to limit your budget which will just reduce their satisfaction if they follow those guidelines..
I have to agree to that.

About the last part that you're not compromising the other financial obligations that you have. Whether you gamble daily with two or more games, as long as you're not touching and neglecting your financial duties then that's okay.

Somethings might work for you and could be better if you just follow what you think is the right thing to do. From being a newbie, take any advise that could seem to be focused on giving a thought of being careful as a gambler and is trying to help you to be in a harmless situation.
When we gamble, we don't spend money alone but we are also spending our time with it. Both of these should not be compromised only because of gambling. You can say that you already set aside the money for the bills, groceries and etc but if you haven't bonded with your wife or family then I think you should refrain from gambling first because they are more important than it.

We think gambling is more fun but once you are done with it, the regret can come later on when you see that your wife and kids are feeling sad. If you are single then your rules are the ones that must be followed but if not then you should listen to your family.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: boyptc on September 08, 2022, 09:13:46 PM
Every gambler has their own gambling habit so it would feel like someone is dictating you how to gamble properly. As long as he does it in moderation and his other financial responsibilities are not being compromised then there is no reason to limit your budget which will just reduce their satisfaction if they follow those guidelines..
I have to agree to that.

About the last part that you're not compromising the other financial obligations that you have. Whether you gamble daily with two or more games, as long as you're not touching and neglecting your financial duties then that's okay.

Somethings might work for you and could be better if you just follow what you think is the right thing to do. From being a newbie, take any advise that could seem to be focused on giving a thought of being careful as a gambler and is trying to help you to be in a harmless situation.
When we gamble, we don't spend money alone but we are also spending our time with it. Both of these should not be compromised only because of gambling. You can say that you already set aside the money for the bills, groceries and etc but if you haven't bonded with your wife or family then I think you should refrain from gambling first because they are more important than it.

We think gambling is more fun but once you are done with it, the regret can come later on when you see that your wife and kids are feeling sad. If you are single then your rules are the ones that must be followed but if not then you should listen to your family.
There are people and husbands that would just like to provide for their family. And it's part of it that we should bond with our family and wife. It has a point that before you do things like gambling, make sure that you have allotted time for your family.

But, it could also be reversed that you gamble first and when you had a bad day like you're in a losing streak. There is your family waiting for you and they're going to be your stress reliever.

Sometimes or probably most of the times, that's what many gamblers do when they're stressed and on a continuous losing streak.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: Boristhecat on September 09, 2022, 12:02:53 PM
Playing before bed when you are already lying in bed with a smartphone seems like a convenient option to play for half an hour or an hour, but from my own experience I can say that gambling can throw me off balance (win or lose) and eventually I will have trouble falling asleep. In my youth this was not a problem, but now I have to take it into account. It's quite funny how age and marital status affect our attitude towards gambling.

that's because you need a balanced brain chemistry to sleep
usually serotonin is transformed into melatonin that makes you feel relaxed and asleep
gambling will usually flood your brain with exciting neurotransmitters, it can definitely ruin a good night of sleep

I know very well the chemistry behind it all. The problem is that we can't do anything about it and end up back where we started - it's not easy for a family man to find time to gamble. And the advices in the first post that seems absurd to some people (who are obviously freer than family people) actually makes sense.

It would be great if that happened to me. I would actually avoid playing before bed. because I was worried that I would lose the game and it made me want to keep playing. When I'm not in control, then I will make more deposits, and this will bother me even more to be able to tide comfortably. This is what I experienced, of course it will different from what was experienced by other members in this forum.

Do you mean changing marital status or not gambling before bed? I didn't understand what you want. In fact, I don't even know what to achieve easier, haha.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: l3pox on September 09, 2022, 04:10:40 PM
Playing before bed when you are already lying in bed with a smartphone seems like a convenient option to play for half an hour or an hour, but from my own experience I can say that gambling can throw me off balance (win or lose) and eventually I will have trouble falling asleep. In my youth this was not a problem, but now I have to take it into account. It's quite funny how age and marital status affect our attitude towards gambling.

that's because you need a balanced brain chemistry to sleep
usually serotonin is transformed into melatonin that makes you feel relaxed and asleep
gambling will usually flood your brain with exciting neurotransmitters, it can definitely ruin a good night of sleep

I know very well the chemistry behind it all. The problem is that we can't do anything about it and end up back where we started - it's not easy for a family man to find time to gamble. And the advices in the first post that seems absurd to some people (who are obviously freer than family people) actually makes sense.

It would be great if that happened to me. I would actually avoid playing before bed. because I was worried that I would lose the game and it made me want to keep playing. When I'm not in control, then I will make more deposits, and this will bother me even more to be able to tide comfortably. This is what I experienced, of course it will different from what was experienced by other members in this forum.

Do you mean changing marital status or not gambling before bed? I didn't understand what you want. In fact, I don't even know what to achieve easier, haha.

there's always the option of taking a break from gambling or not gambling at all
in the end there are so many healthy hobbies to pursue other than wasting money for a little bit of excitement and very little chance of earning more


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: masulum on September 09, 2022, 04:53:33 PM
Do you mean changing marital status or not gambling before bed? I didn't understand what you want. In fact, I don't even know what to achieve easier, haha.

Haha, sorry if it confused you. I didn't mention marital status at all in my previous post. Everything is clear about gambling, playing before bed it doesn't mean a sexual or something else, but its about playing a slots or any gambling games. and in another posts, what i mean, bringing a more relaxed mind can be with many things, and it's not about marriage either. Can watch tv, watching some funny videos or something that making as far away from gambling before sleeping. i wish this is more clear and you can understand what i mean.  :P


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: Fatunad on September 09, 2022, 11:44:55 PM
Playing before bed when you are already lying in bed with a smartphone seems like a convenient option to play for half an hour or an hour, but from my own experience I can say that gambling can throw me off balance (win or lose) and eventually I will have trouble falling asleep. In my youth this was not a problem, but now I have to take it into account. It's quite funny how age and marital status affect our attitude towards gambling.

that's because you need a balanced brain chemistry to sleep
usually serotonin is transformed into melatonin that makes you feel relaxed and asleep
gambling will usually flood your brain with exciting neurotransmitters, it can definitely ruin a good night of sleep

I know very well the chemistry behind it all. The problem is that we can't do anything about it and end up back where we started - it's not easy for a family man to find time to gamble. And the advices in the first post that seems absurd to some people (who are obviously freer than family people) actually makes sense.

It would be great if that happened to me. I would actually avoid playing before bed. because I was worried that I would lose the game and it made me want to keep playing. When I'm not in control, then I will make more deposits, and this will bother me even more to be able to tide comfortably. This is what I experienced, of course it will different from what was experienced by other members in this forum.

Do you mean changing marital status or not gambling before bed? I didn't understand what you want. In fact, I don't even know what to achieve easier, haha.

there's always the option of taking a break from gambling or not gambling at all
in the end there are so many healthy hobbies to pursue other than wasting money for a little bit of excitement and very little chance of earning more
Some people doesnt really feel out some excitement when it doesnt really involved money thats why they do really end up on engaging with gambling because of this intent.Some does really have
good self control and some doesnt really have this kind of discipline which do really ends up on spending more.1% in overall salary or income wont really be bad thing but just what
been said by most people about spending 1% wont really be that enough for you to justify on the leisure or entertainment you do seek off thats why
ending up on spending more which it isnt that surprising.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: molsewid on September 10, 2022, 12:21:17 PM
Some people doesnt really feel out some excitement when it doesnt really involved money thats why they do really end up on engaging with gambling because of this intent.Some does really have
good self control and some doesnt really have this kind of discipline which do really ends up on spending more.1% in overall salary or income wont really be bad thing but just what
been said by most people about spending 1% wont really be that enough for you to justify on the leisure or entertainment you do seek off thats why
ending up on spending more which it isnt that surprising.
Yep, most of the people are being tempted to bet more because other people are betting higher as well, without money or anything in return will not give thrill to any game that we are playing. Most of the people who spend a lot more than their salary are those people want to earn more or have more money to support their needs I just remember my uncle, until now he is doing the same thing.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: AicecreaME on September 10, 2022, 05:04:28 PM
Some people doesnt really feel out some excitement when it doesnt really involved money thats why they do really end up on engaging with gambling because of this intent.Some does really have
good self control and some doesnt really have this kind of discipline which do really ends up on spending more.1% in overall salary or income wont really be bad thing but just what
been said by most people about spending 1% wont really be that enough for you to justify on the leisure or entertainment you do seek off thats why
ending up on spending more which it isnt that surprising.
Yep, most of the people are being tempted to bet more because other people are betting higher as well, without money or anything in return will not give thrill to any game that we are playing. Most of the people who spend a lot more than their salary are those people want to earn more or have more money to support their needs I just remember my uncle, until now he is doing the same thing.

I guess we can say that they are pressured by the people around them who bet with high amount if they are also tempted to do the same. Perhaps this have some sort of connection to FOMO because they don't want to be left out betting with small amount only. This isn't really a good thing if they will continue doing it without thinking about the consequences. Because as much as they want to be in the same page, if they can't afford to lose the money they are betting, the more painful it will be if they lost it.

Risk management is really essential as well as critical thinking skills. You shouldn't just impulsively bet just because you see others doing the same.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: Saisher on September 11, 2022, 04:39:51 AM
I don't follow any stat, gambling is a form of entertainment and this is something you have to pay the price within your allocated means, you are going to pay for it if you want to enjoy it, you should be the one to allocate money that you can afford to lose because you know what is your risk level if you are a responsible gambler, I don't think can easily be followed by anyone even those who strictly followed their gambling regimen.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: EarnOnVictor on September 11, 2022, 05:37:00 AM
I don't follow any stat, gambling is a form of entertainment and this is something you have to pay the price within your allocated means, you are going to pay for it if you want to enjoy it, you should be the one to allocate money that you can afford to lose because you know what is your risk level if you are a responsible gambler, I don't think can easily be followed by anyone even those who strictly followed their gambling regimen.
Don't mind anyone trying to lure people into some scheme, they always have their vices. It is until the person enters that he/she would know that gambling is not what could be followed strictly as some tabulate or propose it.

Personally, I believe that gambling is a form of entertainment as you expressed, but the reality is that many could still be engrossed/addicted to it. That is where good planning comes in, but no plan should be 100% fixed, it should not be too stringent to a particular rule, but could be random with a low budget that the player will strictly adhere to.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: michellee on September 11, 2022, 06:11:38 AM
I don't follow any stat, gambling is a form of entertainment and this is something you have to pay the price within your allocated means, you are going to pay for it if you want to enjoy it, you should be the one to allocate money that you can afford to lose because you know what is your risk level if you are a responsible gambler, I don't think can easily be followed by anyone even those who strictly followed their gambling regimen.
That's good. At least you already know how to treat gambling and can accept whatever results you get from gambling. But it's not easy to accept because many other gamblers still continue to allocate another amount of money to play gambling even though they have experienced a lot of losses. We should be responsible gamblers to monitor how much money we have used and will not follow our passion for playing gambling.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: Mauser on September 11, 2022, 06:37:28 AM
Wow these are some strange guidelines and don't look appropriate to someone who enjoys gambling. They seem more like limitations from someone who has no interest in gambling, rather than a gambling enthusiast who tries to make some general guidelines to enjoy gambling long term. It's good to have rules that give us guidance, but they should be build around or own personal preference, not general rules.

Quote
Guideline 1: Gamble no more than 1% of household income
Don't bet more than 1% of your household income before tax per month. For example, someone with a household income of $70,000 before tax should gamble no more than $58 per month.

This seems way to conservative. I like the approach to have a fixed budget each month for gambling. I am doing the exact same thing and split it down to have a balance for each week. But 1% is too little, if you make 70k USD per year and can only use $58 per month for gambling? That is less than $15 per week. How will this lead to anything if you have a good night? Lets say you are lucky and make 150% in the night, that is not even $50.

Quote
Guideline 2: Gamble no more than 4 days per month

Why 4 days? This seems like a arbitrary number. I don't think this limitation is really needed since you already have a fixed budget for each week. To me it seems like a better approach to fix your maximum possible loss each week and then decide on our own when and how much we gamble. If we have a busy day and can only gamble for 15 minutes a night than we should be able to gamble multiple days per week. I would not make such big restrictions.

Quote
Guideline 3: Avoid regularly gambling at more than 2 types of games

What is the reason behind this one? I like the variety at casinos and want to use it. If you know the games well and used to play them in the past, why not mix them during a night? Some nights I really enjoy Black Jack and don't want to play anything else, and then I have nights were I just want to play some slots and some dice games. Especially when I have a losing streak it helps me to switch games and try to recover. There are too many different casinos games for me to limit myself to just 2.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: robelneo on September 11, 2022, 07:45:51 AM
I stumbled upon random news while browsing, and it uses this article as a citation: https://gamblingguidelines.ca/lower-risk-gambling-guidelines/what-are-the-guidelines/


It's a gambling guideline newsletter, the author is short of saying that you need to stop gambling, 4 times a month and 1% of household income, is this even possible can you do this, I can't do this its hard to follow this guide if gambling is your escape or a form of relaxation, you don't deprive yourself of something that will entertain you its ok to allocate but 1% is not realistic, 5% is still ok and if you have extra income then it could be more, I wonder if anyone of us here can follow that 1% household income allocation for gambling.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: ethereumhunter on September 11, 2022, 09:30:42 AM
I stumbled upon random news while browsing, and it uses this article as a citation: https://gamblingguidelines.ca/lower-risk-gambling-guidelines/what-are-the-guidelines/


It's a gambling guideline newsletter, the author is short of saying that you need to stop gambling, 4 times a month and 1% of household income, is this even possible can you do this, I can't do this its hard to follow this guide if gambling is your escape or a form of relaxation, you don't deprive yourself of something that will entertain you its ok to allocate but 1% is not realistic, 5% is still ok and if you have extra income then it could be more, I wonder if anyone of us here can follow that 1% household income allocation for gambling.
This is just a guide because, in reality, we have to adjust it with our money so that everything can run well and does not interfere with our finances and we can allocate our income properly. Maybe 1% of our income can be allocated to gambling but some people use less than 1% to gamble because they prioritize their household over gambling. We must be realistic by not using more money to gamble because household needs can change monthly. We should also have a reserve of money in case we are in an urgent situation.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: madnessteat on September 11, 2022, 10:32:31 AM
I stumbled upon random news while browsing, and it uses this article as a citation: https://gamblingguidelines.ca/lower-risk-gambling-guidelines/what-are-the-guidelines/


It's a gambling guideline newsletter, the author is short of saying that you need to stop gambling, 4 times a month and 1% of household income, is this even possible can you do this, I can't do this its hard to follow this guide if gambling is your escape or a form of relaxation, you don't deprive yourself of something that will entertain you its ok to allocate but 1% is not realistic, 5% is still ok and if you have extra income then it could be more, I wonder if anyone of us here can follow that 1% household income allocation for gambling.

I absolutely agree with your point of view. It is unlikely that 1% is enough to enjoy gambling to the fullest. My annual earnings are lower than in the article given by Eldar, but I allow myself to spend $100-200 a month on gambling and that is assuming that I try to limit myself so that I do not have problems with addiction to gambling. I have a feeling that the author of this article is not well acquainted with gambling if he suggests spending only 1% of my income on gambling.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: dezoel on September 11, 2022, 07:02:44 PM
It's a gambling guideline newsletter, the author is short of saying that you need to stop gambling, 4 times a month and 1% of household income, is this even possible can you do this, I can't do this its hard to follow this guide if gambling is your escape or a form of relaxation, you don't deprive yourself of something that will entertain you its ok to allocate but 1% is not realistic, 5% is still ok and if you have extra income then it could be more, I wonder if anyone of us here can follow that 1% household income allocation for gambling.
You cant do this because you don't have plans to stop gambling and that is because you think gambling can do more good to you than harm like it can make you relax and loosen up the stress that builds up in your body from the whole day of working. We know what works best for ourselves. Maybe some have tried allocating 1% as their gambling budget and they feel contented but for you, you think this isn't enough and you are gradually adding more. This is not wrong either as long this doesn't exceed on our limits.

Quote
if you have extra income then it could be more
We work to earn extra because our main income is not enough therefore we won't use it for gambling purposes.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: serjent05 on September 11, 2022, 07:11:11 PM
..snipped

Don't get too serious on the guidelines, many of us here already considered that as a joke due to the same reason you stated.  I believe the one who propose  that idea has little to no experience of gambling stuff.  The article openly disregards the thoughts and actual experience of gambling thus creating those ridiculous guidelines.  Or probably the author creates those for the sake of just creating a guideline without giving any consideration to fairness and balance with the gambling industry.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: goinmerry on September 11, 2022, 07:17:56 PM
..snipped

Don't get too serious on the guidelines, many of us here already considered that as a joke due to the same reason you stated.  I believe the one who propose  that idea has little to no experience of gambling stuff.  The article openly disregards the thoughts and actual experience of gambling thus creating those ridiculous guidelines.  Or probably the author creates those for the sake of just creating a guideline without giving any consideration to fairness and balance with the gambling industry.

I agree with you. I can't even imagine how those guidelines will be properly followed exactly as it is stated. Actually, if those will be followed then it will really give us the lower risk of losing but there's no fun on doing that. Better for me to force myself to stopped gambling rather than following those guidelines.

Anyways, I found that guidelines as a humor. We should not take it seriously.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: l3pox on September 13, 2022, 09:45:42 PM
Some people doesnt really feel out some excitement when it doesnt really involved money thats why they do really end up on engaging with gambling because of this intent.Some does really have
good self control and some doesnt really have this kind of discipline which do really ends up on spending more.1% in overall salary or income wont really be bad thing but just what
been said by most people about spending 1% wont really be that enough for you to justify on the leisure or entertainment you do seek off thats why
ending up on spending more which it isnt that surprising.
Yep, most of the people are being tempted to bet more because other people are betting higher as well, without money or anything in return will not give thrill to any game that we are playing. Most of the people who spend a lot more than their salary are those people want to earn more or have more money to support their needs I just remember my uncle, until now he is doing the same thing.

probably it has a lot to do with people's skill on resisting urges and on neurotransmitter balance
dopamine can be a hell of a drug and people could get addicted to gambling

sad but it's true.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: LUCKMCFLY on September 14, 2022, 04:26:20 PM
Since the article talking about lower risk gambling, they're correct to suggest only use 1% of their income and since they're have limited money to gamble, that's why they give guide to only play 4 times in a month and stick with 2 games. I think everyone don't mind if they loss 1% of their money, not all people are afford to risk their 10% of their income because each people have different risk management and how much the income they got.

IMO there's no limit to gamble, as long as you're not become an addict and already think every risk you've taken, you're fine.

the thing is that the line that separates habits from addiction is thinner for some people
each one will have to figure out what is their safe dose
knowing that if they go to far from the line (and become addicted) it may be hard to get back to a healthy state


You are right, we must also take into account how much each person is capable of risking during 1 month, or if the person risks a part of money each week, as long as a person has control of their salary and can allocate the percentage they consider It is a personal decision, of course, one always tries to advise that the risk is not a lot of money and although sometimes it is very easy to win, it is also very feasible to lose, in fact, losing is most likely when we enter a casino either online or in a physical casino, for me it represents the same risk, if you have a good dose of tranquility and risk management, you can enjoy substantial profits with little money, I apply it to slots.

yes, in the end it all comes down to emotional control again
those with more emotional control will probably be able to manage their money in a better way, therefore managing risk and don't risking more than what they can afford to lose.

It's like that friend, for now we can talk, but it has happened to me that sometimes when I play that mental control sometimes it is very easy for it to fade even for a few seconds, and the emptions are something that is difficult, very difficult to handle.

I have seen how many friends get carried away by emotions, but especially in sports betting, with football matches that they know they are going to lose and still they bet them, they do not mind losing, and no matter how much you tell them they are going to lose money, at that moment they don't take it into account, they just do it and start drinking beer, I think it's a way to be able to forget if they lose.


..snipped

Don't get too serious on the guidelines, many of us here already considered that as a joke due to the same reason you stated.  I believe the one who propose  that idea has little to no experience of gambling stuff.  The article openly disregards the thoughts and actual experience of gambling thus creating those ridiculous guidelines.  Or probably the author creates those for the sake of just creating a guideline without giving any consideration to fairness and balance with the gambling industry.

I agree with you. I can't even imagine how those guidelines will be properly followed exactly as it is stated. Actually, if those will be followed then it will really give us the lower risk of losing but there's no fun on doing that. Better for me to force myself to stopped gambling rather than following those guidelines.

Anyways, I found that guidelines as a humor. We should not take it seriously.

It is always good to take things in a good mood, but we cannot deny that if there are some guidelines that can help some players so that they do not fall into the problem of addiction, the important thing about all this is that it can be avoided at all costs. coast, there are many ways but if people continue like this it may be one or two guidelines but that they help you not to fall into addiction I think it is something welcome, many people wish they had never broken the rules so as not to have fallen into what they did, but still So I think it's never too late to start doing things right, there are some guidelines that I like, but I already have my own established rules, it's difficult to adapt to others.

Some people doesnt really feel out some excitement when it doesnt really involved money thats why they do really end up on engaging with gambling because of this intent.Some does really have
good self control and some doesnt really have this kind of discipline which do really ends up on spending more.1% in overall salary or income wont really be bad thing but just what
been said by most people about spending 1% wont really be that enough for you to justify on the leisure or entertainment you do seek off thats why
ending up on spending more which it isnt that surprising.
Yep, most of the people are being tempted to bet more because other people are betting higher as well, without money or anything in return will not give thrill to any game that we are playing. Most of the people who spend a lot more than their salary are those people want to earn more or have more money to support their needs I just remember my uncle, until now he is doing the same thing.

probably it has a lot to do with people's skill on resisting urges and on neurotransmitter balance
dopamine can be a hell of a drug and people could get addicted to gambling

sad but it's true.
When I was starting in this world of betting, and of the games, I always got carried away by emotions, and it is difficult not to get carried away, but this made me lose a lot of money, and that is something that I do not like very much, so I started to play with more control and control is in not getting carried away when there are big bets, you have to have the situation under control and when you feel that you have to withdraw even if you are losing, you have to do it, because it is preferable to do something like that and come back again than losing everything and running out of capital, it is very difficult to control yourself and leave the game when you think you will win.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: l3pox on September 16, 2022, 02:37:44 PM
I understand what you're talking about @LUCKMCFLY and it happened to me in the past too
one thing that helps me is writing, it removes a bit the burden of thinking too much and helps me to understand my thought process

trying to balance other areas of life too with healthy habits helps a lot as wel (sleep + eat well + exercise goes a long way!)


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: Fatunad on September 21, 2022, 11:28:40 PM
Some people doesnt really feel out some excitement when it doesnt really involved money thats why they do really end up on engaging with gambling because of this intent.Some does really have
good self control and some doesnt really have this kind of discipline which do really ends up on spending more.1% in overall salary or income wont really be bad thing but just what
been said by most people about spending 1% wont really be that enough for you to justify on the leisure or entertainment you do seek off thats why
ending up on spending more which it isnt that surprising.
Yep, most of the people are being tempted to bet more because other people are betting higher as well, without money or anything in return will not give thrill to any game that we are playing. Most of the people who spend a lot more than their salary are those people want to earn more or have more money to support their needs I just remember my uncle, until now he is doing the same thing.

probably it has a lot to do with people's skill on resisting urges and on neurotransmitter balance
dopamine can be a hell of a drug and people could get addicted to gambling

sad but it's true.
And this is why gambling business is really that profitable due to that very common reason which people cant really control their emotion most of the time and this is what make things even more worst.
People do forget on setting out their limits and as long they do have money to spent then they would definitely be doing that.Minimizing risk as much as possible because we cant really just spend up
huge money or amounts on gambling.Everything should be having limitation since we arent that millionaires or billionaires who do have lots of money to be spent.
If you are just an average wage earner or something that into this category then its really wise on having these considerations.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: l3pox on September 24, 2022, 12:47:35 PM
Some people doesnt really feel out some excitement when it doesnt really involved money thats why they do really end up on engaging with gambling because of this intent.Some does really have
good self control and some doesnt really have this kind of discipline which do really ends up on spending more.1% in overall salary or income wont really be bad thing but just what
been said by most people about spending 1% wont really be that enough for you to justify on the leisure or entertainment you do seek off thats why
ending up on spending more which it isnt that surprising.
Yep, most of the people are being tempted to bet more because other people are betting higher as well, without money or anything in return will not give thrill to any game that we are playing. Most of the people who spend a lot more than their salary are those people want to earn more or have more money to support their needs I just remember my uncle, until now he is doing the same thing.

probably it has a lot to do with people's skill on resisting urges and on neurotransmitter balance
dopamine can be a hell of a drug and people could get addicted to gambling

sad but it's true.
And this is why gambling business is really that profitable due to that very common reason which people cant really control their emotion most of the time and this is what make things even more worst.
People do forget on setting out their limits and as long they do have money to spent then they would definitely be doing that.Minimizing risk as much as possible because we cant really just spend up
huge money or amounts on gambling.Everything should be having limitation since we arent that millionaires or billionaires who do have lots of money to be spent.
If you are just an average wage earner or something that into this category then its really wise on having these considerations.

facts!
sometimes I think if this is good or bad for the world in a karma point of view (or a moral point of view if you please)

it's interesting to notice that being able to control yourself doesn't have a huge relation with economic status either (or does it?), we see both poor and rich people who are able to manage risk and many who aren't


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: LUCKMCFLY on September 25, 2022, 01:09:04 AM
..snipped

Don't get too serious on the guidelines, many of us here already considered that as a joke due to the same reason you stated.  I believe the one who propose  that idea has little to no experience of gambling stuff.  The article openly disregards the thoughts and actual experience of gambling thus creating those ridiculous guidelines.  Or probably the author creates those for the sake of just creating a guideline without giving any consideration to fairness and balance with the gambling industry.

I agree with you. I can't even imagine how those guidelines will be properly followed exactly as it is stated. Actually, if those will be followed then it will really give us the lower risk of losing but there's no fun on doing that. Better for me to force myself to stopped gambling rather than following those guidelines.

Anyways, I found that guidelines as a humor. We should not take it seriously.

Well yes, they can be taken like this knowing that we here have some experience in games, but there are many newbies and they want to do things well, so these guidelines are ideal for them, that helps them to have more control, not to fall into addiction and something that can be taken into account is that by following these rules they can forge a very good discipline so that they can carry out a good plan when playing, of course this is something that I think due to the guidelines found, some are very nice, but for example I am a player who already has his own rules, if I self-impose rules that I don't like, well I won't accept them at all, then I'll start making mixes and I don't like it.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: Smartprofit on September 25, 2022, 06:32:09 AM
Twice a week is a huge number if you have a family and a regular job that takes 5 days a week. If you devote time to your wife, children, work, household chores, then 2 days a week for gambling is a lot. Perhaps this is advice for family people?
Yes, it should be huge if having family. But you can have family and still bet on your mobile phone or personal computer even without your wife and children knowing. It depends on how and where you are gambling.

Even if you are not married, gambling in just 4 times monthly will be good, provided if you gamble with the amount you can lose and not think about or lead to depression, I mean the amount of money that is low to the extent that you can afford to lose it.

Player self-control is very important.  Gambling is the territory of chaos.  Chaos requires strict self-control. 

To do this, you need to periodically break away from the game and ask yourself questions.  For example, how adequate am I now? 

You can measure your pulse.  A rapid pulse indicates that the person is in an altered state.  In this state, he is able to perform not very adequate actions.  Including trying to win back after losing a game of chance. 

In an altered state, a person is able to continue the game after a big win.  This is a very stupid act.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: Alisha-k on September 25, 2022, 06:56:56 AM
Most times we jump into paying so much attention to how some random online user says about gambling habits neglecting the facts this users could be posting for the sake of content and not actual facts. A real gambler understands the pressure of dealing with how to manage gambling activities, I think the best guideline is self control and discipline not the whole lengthy article that looks like a law


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: l3pox on September 25, 2022, 01:08:34 PM
Twice a week is a huge number if you have a family and a regular job that takes 5 days a week. If you devote time to your wife, children, work, household chores, then 2 days a week for gambling is a lot. Perhaps this is advice for family people?
Yes, it should be huge if having family. But you can have family and still bet on your mobile phone or personal computer even without your wife and children knowing. It depends on how and where you are gambling.

Even if you are not married, gambling in just 4 times monthly will be good, provided if you gamble with the amount you can lose and not think about or lead to depression, I mean the amount of money that is low to the extent that you can afford to lose it.

Player self-control is very important.  Gambling is the territory of chaos.  Chaos requires strict self-control. 

To do this, you need to periodically break away from the game and ask yourself questions.  For example, how adequate am I now? 

You can measure your pulse.  A rapid pulse indicates that the person is in an altered state.  In this state, he is able to perform not very adequate actions.  Including trying to win back after losing a game of chance. 

In an altered state, a person is able to continue the game after a big win.  This is a very stupid act.

bringing a counterpoint here
but what if the best way to navigate in chaos is not strict self-control but the opposite: surrender.

I totally agree that assessing your state during the chaotic activity (like asking yourself how you feel) will help to navigate

Control and flow are somehow opposites, but not at all times.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: LUCKMCFLY on September 29, 2022, 06:20:55 PM
I understand what you're talking about @LUCKMCFLY and it happened to me in the past too
one thing that helps me is writing, it removes a bit the burden of thinking too much and helps me to understand my thought process

trying to balance other areas of life too with healthy habits helps a lot as wel (sleep + eat well + exercise goes a long way!)

Yes, that is what is always done trying to lead what we call a healthy life, and it is easy to heal in this way, above all by sleeping well, because3 sometimes it is like they say where I live, "Living is in the dromir " So these are things that should be given, also one way is to share with the family, go out, those who have the beach nearby is also a very good way to clear the mind, go out and walk in the mountains, see that the environment sometimes can offer you other options to move forward, sometimes a good clean oxygen is very good, really clean air is the best of all therapies that may exist and that any psychologist.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: l3pox on September 30, 2022, 03:12:40 PM
I understand what you're talking about @LUCKMCFLY and it happened to me in the past too
one thing that helps me is writing, it removes a bit the burden of thinking too much and helps me to understand my thought process

trying to balance other areas of life too with healthy habits helps a lot as wel (sleep + eat well + exercise goes a long way!)

Yes, that is what is always done trying to lead what we call a healthy life, and it is easy to heal in this way, above all by sleeping well, because3 sometimes it is like they say where I live, "Living is in the dromir " So these are things that should be given, also one way is to share with the family, go out, those who have the beach nearby is also a very good way to clear the mind, go out and walk in the mountains, see that the environment sometimes can offer you other options to move forward, sometimes a good clean oxygen is very good, really clean air is the best of all therapies that may exist and that any psychologist.


agree here
connecting with nature helps a lot
we have a natural mechanism to heal from most minor diseases (and maybe the big ones too!)
but our lifestyle nowadays is too disconnected from what we are built to be.

machines, gambling and technology are cool things
but they can make us sick if we aren't careful


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: Boristhecat on September 30, 2022, 04:50:24 PM
Yes, that is what is always done trying to lead what we call a healthy life, and it is easy to heal in this way, above all by sleeping well, because3 sometimes it is like they say where I live, "Living is in the dromir " So these are things that should be given, also one way is to share with the family, go out, those who have the beach nearby is also a very good way to clear the mind, go out and walk in the mountains, see that the environment sometimes can offer you other options to move forward, sometimes a good clean oxygen is very good, really clean air is the best of all therapies that may exist and that any psychologist.

Good point of view! I am grateful to God that I live in a not too big city near the sea and have the opportunity to walk along the coast without wasting much time, distracting from ordinary life and putting my thoughts in order. But not everyone is so lucky and I think with regret about the residents of big cities who spend a lot of time on the way to work and back and do not have the opportunity to escape from this industrial hell on weekdays. Undoubtedly, they accumulate stress and one way or another become subject to either alcohol addiction, or gambling or some other - largely due to the conditions of life.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: LUCKMCFLY on October 01, 2022, 10:38:39 PM
I understand what you're talking about @LUCKMCFLY and it happened to me in the past too
one thing that helps me is writing, it removes a bit the burden of thinking too much and helps me to understand my thought process

trying to balance other areas of life too with healthy habits helps a lot as wel (sleep + eat well + exercise goes a long way!)

Of course my friend, you are also a Chess player so I have come across you in those threads, and chess makes you think more clearly and the best responses to events that have to react quite quickly, it is as an additional advantage that makes him develop in chess, everything that is partly healthy is good, eating, sleeping, even having a partner is something that is needed, the family, all of that is imperative that we as being huamnos we have, it is also necessary that once in a while a beer does not go down badly, everything in good and sane mind, the body needs all this, a trip, beach, all this makes all addictions go away.




Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: STT on October 01, 2022, 11:42:59 PM
58 would be pretty low for that level income but its hard to say any general rule for all people.   Alot will depend if you have a family to support also but generally the rate of outgoings you have pre existing to your decision to gamble.     I would just say take care of all bills, decide on an amount for the month is a good decision and then stick to it. Ideally in Bitcoin you dont extend your amount spent just spend the crypto you have already made available, thats an ideal wall between money you can spend and bills you have to pay without delay.


Title: Re: "The Lower-Risk Gambling Guidelines" Is this a joke?
Post by: wiss19 on October 02, 2022, 10:56:31 AM
I understand what you're talking about @LUCKMCFLY and it happened to me in the past too
one thing that helps me is writing, it removes a bit the burden of thinking too much and helps me to understand my thought process

trying to balance other areas of life too with healthy habits helps a lot as wel (sleep + eat well + exercise goes a long way!)
Yes, that is what is always done trying to lead what we call a healthy life, and it is easy to heal in this way, above all by sleeping well, because3 sometimes it is like they say where I live, "Living is in the dromir " So these are things that should be given, also one way is to share with the family, go out, those who have the beach nearby is also a very good way to clear the mind, go out and walk in the mountains, see that the environment sometimes can offer you other options to move forward, sometimes a good clean oxygen is very good, really clean air is the best of all therapies that may exist and that any psychologist.
When we follow a healthy lifestyle, it gives us a good mindset and removes any forms of negativities which can be caused by inappropriate gambling. It is only hard though because it also requires a self discipline so don't say that it's easy to heal this way but it's worth it because let's admit it, its always better to live happily even if we sacrifice something which isn't really beneficial to us in the long run like gambling (if only we missed used it).

Other than eating well and then exercising, I think sleeping is the most important of all because this is where recover and grow. Lastly, unwinding by taking a vacation can also do wonders. This is better if enjoyed with family, friends and relatives.