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Usually, people who win in gambling but not able to cash out or save their winnings and I think this has something to do with a Healthy mindset.
If you do not have the intention to save the wealth, you will lose all your winnings by risking them again in another gambling bet.

Only a mentally strong person who has control over emotions and have money management skills would be the real winner here and will become rich eventually.


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Another factor that affect litter lottery winners is the fact that they don't have any plans, and it's very easy to spend money you didn't work hard to get inappropriately. Take for example a bettor wins a lottery ticket if he doesn't have any knowledge of investment or how to make good use of the money to improve his business instead he wants to keep buying ticket hoping to win more he'll only end up with nothing.

This thread should be on the Gambling discussion. --> https://bitcointalk.org/index.php?board=228.0

First of all, I think if someone's goal is to build wealth. Then, it shouldn't be pursued with gambling. I know that there are rare and lucky people that have made their wealth through gambling but, this isn't the case at most times.

But I do agree that if someone who has a rich and positive mindset and will pair it with hard work and then will upgrade to working smartly, we will see the results positively and even better if it's not with gambling.

A problem with sudden money is that it can go away as quickly as you get it because it is something you did not expect and something you have never gotten. Because you are unused to that kind of riches, now the amount you have won from gambling, in excitement you can begin to spend the money even without settling down to plan for it. It is usually after a huge amount has been spent, that is when the person begins to want to plan for what is remaining and then discovers that it is not enough again. Gambling will have to continue so maybe he can win some more.

One thing a wise person will do is to think of a better way which is very less risky to make money after he make huge money from gambling. In gambling, huge money comes not in long term, it income at once and this makes some gamblers to spend the money anyhow they want and to use it to gamble more, they stake more. If they are wise, they will look for any other means which is not that risky to make money from.

A healthy mindset will allow us to control our emotions and keep ourselves from gambling too deep so that following passions also wastes unnecessary money, usually people who have a healthy mindset will limit their daily budget when gambling so they don't lose more money when you win big, so you can collect every win and store it properly.

That's why I prefer to prioritize changing my mindset before gambling, because to prepare money and mentally before gambling I'm definitely very prepared, but the mindset must really be straight on a healthier and more positive path because with the right mindset then when getting a win is certain we will automatically stop playing and collect money in the bankroll before withdrawing it. besides that it will be difficult to control with a bad mindset.  ;)

But there are very few that will dedicate their mindset before gambling, most are being hooked after trying.

There is a way that you could save money from gambling earning that it will be easy and you can control your emotions on it if you make it mandatory and a decision. That method is to withdraw your winning from the casino account out to another account that you own or your wallet. I'm sure this is a good strategy because if you leave the whole of the winnings there and you keep seeing it anytime you login, your inching fingers will keep tempting to keep playing after you have lost some so long you still have balance there. The way this works is if you withdraw some, you can see the remaining balance as the only money you have to bet and you will be prudent with it. Being prudent with it means you will play carefully, reasonably with reasonable amount that you can bear the lose just like you are gambling afresh in the beginning.

If you withdraw some and leave some there is tendency that you might have a break for sometime either because you don't want to stress yourself to login into your personal account, activate your password, get email codes or phone codes and all other necessary requirements to access your wallet funds before transferring to your casino wallet. In fact, all the necessary delays could make you change your mind and have a break for sometime until your zeal, addiction etc have cooled down and by then you would have saved that part of winning that you sent out from your casino wallet.

Wow, not being a hypocrite but I think I have a rich mindset.
Recently, I won $100 by playing Crash. It took almost 12 hours being focused on the game and then I cashed it out. I never even think about it, I just enjoyed the money being with the kids, letting them play on a paid playground, and then eating dinner outside. It's fun and even if I am left with just a little amount then I will just try to increase it again by gambling slowly.
I think a rich mindset also has a number in his plan on where he would withdraw but those who are too greedy, I don't think they have a number as long as they think they can make more. It's not healthy and those are the type of people who are prone to gambling addiction.

If you are into gambling maybe forget about targeting to have a savings on your earning since maybe it will hust disappoint you if your target has not been meet.

Maybe try to be situational and try to feel if bad luck starting to occur then quit either you lose or win since from thay you can minimize the burn or even you can always take home your winnings on whatever figure it is.

Because winning in gambling is instant, it doesn't go through a long process, even though there are many losses, but with big wins it can be called instant, so it's clear if they don't have a healthy mindset, how from this big win, of course, in the end, the money will run out how to scatter or return in gambling games.

It's very difficult to be a healthy thinker in gambling, maybe with a strong mentality they can figure out what to do with that big win, but I see other news about winning cases that tend to be more glamorous than other investments or savings.

Hmm isn't this biased? Cause I mean, lottery winners being successful with whatever stuff they did after winning isn't really reported by news outlets, however, people who fucked up big time after winning the lottery, now that's headline-worthy. Though I guess I also assume that the majority of people who win the lottery majorly fuck it up most of the time.

I'd say it's not the same with gambling though, it's just that a LOT of people like taking risks, hoping for more. It's why casinos are profitable in the first place. It's a whole nother thing if I were to describe it. Plus, even a rich person would not be able to increase the odds of their diceroll no matter how "rich" their mindset is.

You do not need to login with 2FA or any code if you are talking about wallet. It is very easy to transfer money from your wallet to a gambling site account. The confirmation time will even be faster if you use altcoins.

If you use an exchange and it has been long that you login, those kind of codes can be asked. But if active on the exchange, you may only be required for authentication code. Some people even have some addresses that they have whitelisted on an exchange which needs no authentication or password.

Discipline is very important for people that are gambling. Some people will withdraw money from a casino site and leave some. If they lose the one they have on the casino site, they will deposit the money they have withdrawn. If they lose it, they will deposit more money and continue to lose. That is just gambling unless you discipline yourself not to have a bad gambling habit.

If someone think a gambler can save earnings from gambling, their mindset are unhealthy.

You wouldn't earn money through gambling, the chance of hit the jackpot is really small and you might hit it after you spend a big amount money than you get. Any game has a house edge and you will lose in the long run. A gambler can become rich because of his monthly salary from working, not gambling, they only use small amount money for gambling.

Gambling requires a healthy mentality and effective money management. Gambling winners can struggle to withdraw and keep their riches, which can be attributed to psychological and behavioural issues. However, it is crucial to understand that the results of gambling depend heavily on luck and probabilities.
Long-term success can be aided by having a strong mindset, the capacity to restrain one's emotions, and sound financial management, but it's crucial to know that gambling involves hazards. Even with a sound outlook and sound money management techniques, it is always possible to lose money.

I found an article, there were 23 lottery winners with millions of dollars, but his life became tragic in a few years.

Sources: https://www.gobankingrates.com/net-worth/bankruptcy/lottery-winners-who-lost-millions/

From what I read indeed they live increasingly crazy after winning millions of dollars they do not think of a healthy pattern let alone to invest, but more concerned with their own satisfaction by buying luxury goods in order to meet the needs of his prestige, in the end their lives become homeless and money from millions of dollars was exhausted in a few years, cases like this may be a lot.

It is still difficult to maintain wealth from gambling, I know not all the same but at the end of his They are trapped in the ugliness of his life.

I agree! When it comes to gambling, I'd say it's a healthy mindset is a mindset that allows you to enjoy the game. It is not a mindset that thinks you can make money from gambling, but rather one that enables you to enjoy the experience of playing.

Sad but true, I mean if you win the lottery, maybe the first thing to do is to buy stuff, like cars, houses and other material things. And you could give some to your friends and relatives too. So they didn't think of their future, but instead becoming like what we call one day millionaire.

And as years past by, they continue to live exorbitant and there will be a time that they will realized that all the winning money is gone and all those friends and relatives that the winner gave money is not going to help them.

It depends on the amount more than the healthy mindset which of course I fully agree with.Let me make you an example from the different lottery we have here,national lotteries,we have both of them running from private companies who are watched by state entities and the people who win the small amount lottery like 25.000-45.000 dollars I have never seen anyone of them going broke for the simple fact that they buy max 1-10 tickets while for the huge lottery which can go up to 700.000 dollars depending on sales I have seen many people claiming that they will do this and that and in fact they all lost it in different casinos,these people most of the time go broke because of not having that healthy mindset.So in the end it depends on the healthy mindset but also on the won amount.

Lottery winners before winning do not have any idea that they would ever win. That is the reason they are not prepared to suddenly get rich. When it happens they do not have any plans for the money. That is what I feel might be the reason they lose every penny that they won. I do agree with the healthy mindset you would enjoy gambling. Those who enjoy gambling never think about the loss but are there to enjoy the adrenaline rush. I also agree with your point that most are hooked on gambling.

The problem with people with broken mindsets is they are not ready, and they have many dreams and wish when they get rich, so when they hit the jackpot they only realize their wish and dreams and they have no plans for what to do with their huge winning, they only realize that they need to set up a business and money management when all their money are vanishing.
They travel a lot, buy luxury things even things that they don't know, we have a saying if you keep buying things that you don't need, you will end up selling things that are valuable to you.
People even if they do not have the means to set up a business should have a good money management and should have a long term goal.

I can't help but agree, in my lifetime I've heard several stories of how some people made millions from gambling, winning the lottery but at the end of the day, they returned back to being broke again, they say image speaks better than words, and I think  the inforgraph op shared says it more than any one of us here can say it, in gambling, any body can get so lucky and hit some major big money, but it takes a rich mindset to sustain that wealth and even pass it to the next generation.

Greed is what I guess causes lottery winners to get broke after hitting the jackpot. Addiction is a major problem as it plays a major role in a gamblers spending rate. Sometimes these lottery winners might have good plans for their wins when it comes but after hitting the jackpot,they become excited and thinks that they will be lucky again to win big and wouldn't have plans towards investing the money. Instead they will go back and keep on playing till the money gets dried up due to lack of self control.

When you unexpectedly become a millionaire or even a billionaire on a single day through gambling or lottery, you're not prepared on what and where are you going to use your winning money. Most of the time, the first thing gamblers do is to buy the things they want and spend a lot on their wants. Who wouldn't? You can afford to do or buy anything you want without worrying about finances since you win a big money. Also, the common mindset is that they still have plenty of money so it won't hurt gambling again. But sometimes they lost track of how much money they already spend on their continuous gambling. Sometimes gamblers tend to enjoy spending their winnings too much that they forget to allocate some of it to circulate the money and maintain the wealth they have.

People have a good mind and everything is good so they go gambling with a good mind they can control themselves from gambling and think well to make any decision due to which it is easy for them to overcome big losses. And through healthy mindset it is possible to think smart which is why earning from gambling is also possible. Gambling is a critical thing that can make people get rich very quickly and also make people from rich to poor very quickly. So one must start with a healthy and fresh mindset for gambling which will help in avoiding big losses. this is a good strategy to get better at gambling

Financial discipline is the hallmark of every wealthy and successful person that I know. The thing with people winning the lottery or winning big monies from sports bet and squandering it within the blink of an eye is the because these people are come from poor background with a lot of financial stress. They don't know how to save and what comes to them is consumed immediately. Some have never made $100k once and so whenever luck shines on them and they win, the thing on their mind is how to fulfil their wants -  buy an expensive car, go clubbing with a bunch of escorts girls and just do dumb stuff. They only come to the realization when the money left is a couple of bucks left.

People in the category mentioned by the OP are those who gamble responsibly. They have already built up a healthy gambling pattern that they know what to do when they win money from the casino, no matter how small it it.

You made a wrong analysis of the intention of the post. I only made an analysis of the way a gambler can save money by withdrawing some of his money out of the casino wallet and to his own personal wallet because leaving it there and playing from it is tempting to continue playing after losing. So if he has withdrawn some away, he may decide not to refund after losing the money he left in his wallet. I understand whotnot about 2FA . Some times we could procrastinate towards getting to refund an account so that is the purpose. Such break between losing money in casino wallet and refunding can make a bettor take some break thereby saving that money.

It's no surprising for a lucky gambler use most of his winnings to buy every expensive things and take many vacations without need to think about the future. He might think he will become the winner when he joined the next lottery, so we all know it's completely wrong because the chance to win in lottery is almost impossible, it's very lucky for someone win a lottery for twice. He will regret after he don't have any money anymore.

What kind of wrong analysis than you are posting what is not absolutely correct. If you are using an exchange to save your coins, it is better you get it right now that you are not doing yourself something good. You should use a noncustodial wallet not an exchange or a custodial wallet. To send money on noncustodial wallet, it is very easy. I further explain that discipline is very important. If you are a gambler and you are truly gambling, you will know what I am talking about. To send coins from wallet to an exchange account is very easy. But if you have a gambling budget, that will help a lot. If you win, send you money out of the casino account and do not lose more than the weekly gambling budget. If I say all that, that is very correct and a valid discussion on this thread. Accept correction.

From my own point of view,those who win big in lottery don't invest their money into businesses because they lack someone who will advice them on what to do with the money. As a gambler,if you have someone to give you advice,you will be better of than someone who is gambling secretly and don't tell anyone about his gambling activities. Some gamblers fail to understand that winning big is about luck and will happen once in a while that no one can tell the actual time,they will use the money to live an extravagant life because they think that gambling is a job, forgetting the risk involved in it or forgetting how long they have lost before the big win

Friend , the last time I checked the post you are responding to I didn't mention exchange or was I making reference to exchange wallet. You are imputing the above because I didn't mention exchange and that response was misinterpreted if you add what was not on the post.

And oftentimes than not, it's all about what kind of person you are becoming and not how much you've won on a bet. If you've won big but don't have the proper mindset to keep that sum of money, you will just lose it again or give it back to the casino losing all your wins. But if you have the proper mindset plus the persistence to stick to your own rules and parameters and gambling. You know that if you're patient enough, the right timing for your wins will come at you, and be able to keep and multiply it also. So regardless if you now broke or gone rich. If you have the rich and proper mindset, that's already a win in the long run.

I do have that. it's not that I don't win but almost all the time I lose all deposit balance including the winnings and after few weeks or months I repeat the same. Today, I lost around $300 with two gambling sites. Only around 1 mbtc left in one of the site and I am sure I will be losing that soon too before giving a break for another few weeks or months LOL

A close relative won few millions in lottery back in 2012 or 2013 after few years he is back to his regular hustle. I heard it's not just him, many people who instantly win a large amount of money, can not keep up with the wealth. Sooner or later they discover they spent all. 

That's very true what @OP said because by saving victory, it means we appreciate what we have got. And instead of using the winning money to increase the balance, play gambling to get another big win. It can also provide a risk of losing more money than we can afford, so it's better for us to save the winning money and keep using that amount of money to gamble and get other wins. We can save the winning money. Even if we win, we can collect more money. And indeed, only people who have good self-control can do it so if we don't have it, we need to learn it to keep the winning money.

I have also found the same thing several times where someone when they get a big win they forget a little about other things besides gambling but in fact if this kind of incident is not stopped it can actually be disastrous where a person can get addicted and lose more money than the amount he was supposed to win.
It's no wonder gamblers often go bankrupt after a big win and what's always natural is that money that is easy to get will also run out faster, like the example of money from gambling.

I don’t understang how a rich person and rich mindset can affect the outcome of the lottery players to win the lottery. I doubt having that kind of mindset will help you successful on gambling. The broke mindset and broke person is really true because people that keep gambling without considering saving money for their own will always be broke because they are relying on luck to change their financial status instead of hardworking through jobs.

I think the key on withdrawing profit in gambling is to set a target profit before gambling so that your mind will be programmed to withdraw at that profit level. It's very hard to stop on gambling if you are continuosly winning without any goal because you will keep chasing profit.

There have been many lottery winners who got millions in their hands but go broke after years. They party and give away their money as well to please some friends. These people are pleasers and did care what others are saying about them so they were naively vulnerable. For them, it's easy to spend the money that they also got by winning a jackpot.

They learned the hard way about people with so much money have tons of friends but are also unimportant when they have no money.

Close friends are victims of disastrous pondering; we spend our money to reap enormous earnings, but the opposite is always evident. A healthy mindset will keep us from squandering money on unimportant budgets. Perhaps there are categories of people who hit the Lotto and received enormous rewards from the system; they spend the money impulsively because they did not have to suffer or work for it; in their current state, they have nothing to offer other than chitchat about the extravagant lifestyle they lived when they were earning massive returns from gambling. We all have a tale to tell.

Not being about to take their profits has nothing to do with having a "healthy mindset". They are addicted to gambling. Even if they do take the profit, they will eventually start playing again and very likely lose more than what they have earned. This will keep on going on until the person goes broke. Only few lucky people can make millions better few bucks. The rest, they all end up making huge losses in the long run. There is no way you can "earn" from gambling to "save" money.

I also do think that the mindset and focus of a person is a big priority when it comes to winnings/losses.

When a person losses, the obvious and initial reaction that they feel is to recover them by gambling again. Unfortunately and most of the time, by attempting to recover these losses, they incur more in the process which thereby increases their losses significantly.

A proper mindset and having a designated priority is key in order to minimize losses and maximize profit. Once you profited in a given match, that should be the sign to just take it easy, re-evaluate, and cash-out your earnings to avoid any losses.

Over the years and through the various cases I've seen on TV, I've come to the conclusion that when lottery winners buy tickets they don't count on the fact that they're going to win someday, that's why when most people win a lot of money in the lottery they don't have any plans of what they will do with the money, soon they spend it on meaningless things and end up going bankrupt early, and since they were already very poor people, they don't care about being poor again, while for cases of people who play card games , or sports betting they have no idea what to do with the money they won, of course there are many cases of people who consider themselves gurus of blackjack and other card games

that when they're winning a lot they don't stop playing because they're very self-confident and they're playing thinking they're not going to lose money and with that they lose everything and are removed by the casino security guards, and when they play on the internet they also only stop playing when they lose everything. It's a very sad situation, in the case of sports bettors, many guys with experience don't even bet much anymore, they keep giving tips and making money with their social networks, and it's a fact that you don't earn money with gambling consistently, and they are also few people who know how to manage money when they play

Easy money is spent easily as well. Some lottery winners even think they can win again like they have all the luck.

No one advised them to set aside some money for investment I guess but when they start living like a millionaire all the people around them are just taking advantage of them. Partying with them all the time. That's the problem when someone got a huge amount of money with no plans after that and no reason to save some for the future.

Betting again is not the most common problem being encountered by lottery player because ticket price is too small for them to lose all their prize on game that is being draw once a week or once a day if we consider different type of lotto. The majority of lotto winners lose their money by buying unecessary things and giving away too much to their neighborhood.

Only few of them manage to maintain their wealth by putting the money on business.

Yeah right. Right mindset will get you far. But do you know what will get you even further? Actuating upon that right mindset. And what does that require? actually doing the stuff that you dream of. I see a lot of people preach about hustle culture in here and talk about how to save your earnings from gambling like it's some form of profit venture even though it shouldn't be in the first place. The fact of the matter is, all gamblers, well except those who have made it a form of living and only cause they were fucking good at it too, eventually lose all their money because gambling is a net-loss venture. You don't come into the industry with a head up high like you're some sort of used car salesman thinking you could cheat the system and win. You come in here to have fun and with full expectation that you'd lose, and that's alright.

People who see this venture as a way to get more money are fools I tell you that. No matter how much "sigma grindset youtube content" you eat up.

The most problem here in us by lotto winners is they bought luxury items such as cars, bags, jewerly and so on. They keep on partying and spend a lot of time in casino even tho they are not  familiar with it, their pride costs them a lot , to honest pride is one of the reason why many of them losses too much rather than putting it in business or something.I think every lottery owner should have atleast a basic tutorial how to manage money.

Mismanagement of funds also contribute to what you are saying. I don't know if this lifestyle is known with all gamblers or just the chronic addicts and that kind of attitude of not holding tight to winning money is why gamblers have been said not to be taken as serious people. Not planning with the rewards from the proceed of the bet means planning to fail and that explains why they say if you don't suffer to make money then you won't value the money but I take exception to that because I feel some gamblers are becoming wiser.

Some gamblers become too uncontented with their gambling winnings that they usually bet more using their winning prizes believing that they could have more winnings again. This happens if a gambler becomes ungrateful and greedy he wants to make more bets because of having false hopes.
We should keep in mind that we couldn't always get lucky in gambling so once we generate a good winning profit, we better save it and as much as possible we shouldn't risk it again or else we might lose everything and we'll only be chasing our losses in the end.
This is the reason why many gamblers are falling into gambling addiction because of this habit. If this keeps on repeating, then we will only have a hard time controlling our urges to gamble because of having the wrong mindset.

This basically isn't just in the gambling industry  alone, because it takes a mentally stable individual with a good money management skills to be able to succeed in life generally.
I will always say that people should rather work on their greed and contentment level and it is also true that money, wealth and power is never satisfactory but we should always get to know when to stop and when to play and we should.also learn to appreciate every win as a win rather than wanting to make millions from  bets made in hundreds.
Greed and contentment  are two great factors that shoukd be considered when we want to make positive growth while gambling.

It's not about them anticipating that they won't win anyway, cause if that was the case then lottery is going to be a dead game. It was all about the fundamental aspects of earning and saving money which most people who win lotteries don't have since a lot of them grew to poverty, and as we all know when you're poor you're not really in the position to learn how to save money especially if there's no money to be saved in the first place. Although I would agree with your idea of them not being afraid of getting into poverty again thinking either "I've been poor once so this is nothing new" or "I've been poor once and rich too, I now know what to do to get back to being rich" without really having any idea on how to be rich.

That's the sad fact about winning the lottery. You get the tools but you don't know how to use them. You get the leverage you need to win at life but you'd waste it away cause all you see money for is spending. Having a rich man's mindset is important, cause whether you're poor or not if you know how to be rich you will get rich.

Ofcourse we all know what to do but not all people has the capacity to do so. No matter how we wish to continue what we are doing. If you have huge winnings in gambling, for sure it would be hard to wait 'coz there will always be that drive to earn more. Once you have that experience to win, greed is more likely to take place the next time you play. A Mindset that you have a huge bankroll would push you to play more. Ofcourse what is ideal is to save some of the amount for security purposes, of your winnings. What's best is to know how to set limits with the amount you can afford to gamble and lose. Money is just a powerful concept which pushes people to go against what's planned.

I agree. Mindset is very important when it comes to gambling such as thinking wisely and cashing out your winnings instead of making riskier bets after a huge win.

Personally, I have a rule that when I get lucky once, I should take that opportunity to quit and not gamble on my luck again. It might be a day of pure luck for me, but I choose not to risk it further. I'm not the type of person who gets greedy and thinks that if I win once, it's not enough for the day! :)

One attribute that gamblers should develop is to try as much as possible to always take a break whenever there is a big winning and to avoid chasing a particular direction like if you want to chase losses or keep chasing the winning.
Sometimes most of the winners instead of cashing out their winnings and taking a long break from gambling end up recycling the winning and at some point, they lose everything in the process.

The best thing to do is to set a time and limitation that can guide you whenever the event happens, because most records and history have shown how gamblers who do not cash out lose their money in the long run.

I don't think that they have anything with a healthy mindset, but a unhealthy mindset because people with unhealthy mindset often tend up losing the all won money. Those people basically think that they will be able to multiply their earnings many more times and as a result they will be rich. However, in reality those people are the losers because after doing many bets in gambling they will end up losing everything they have ever won from previous bets.

It's true that a person who is mentally strong can earn and withdraw money many times from gambling sites because such people know their limits and they also know that they can't be lucky all of the times. Those people will always take their initial investment back and then do more bets with the money that they have earned from betting. I also believe that such people are mentally strong because someone who can control his/her emotions very well is considered as a mentally fit person.

One of the main things on which gambler would really be having in their minds about on spending up money more so that they could be having the chance on earning more but since we know that the fact about

gambling that luck isnt always on our side on which means that those winning you do have earlier would really be just given back into the casino once again if you would really be tending to play even more.
This is the sole reason on why gambling industry is really that so big and something that profitable its just because of this common behavior of gamblers when it comes to winning and trying to play
once again just because they cant really just able to control their greed. The main thing on their mind is that they do get these winnings on easy way then they wouldnt bother on securing it out
but instead they would play even more.

This is why the cycle would continue because of this kind of impression and things in mind on a certain gambler. Earning easy money at the same time it would really be that easy to be spend out back
if you do aim for more wins.

Most of the lottery winner are poor people meaning they don't have the knowledge about financial literacy and all they know is to spend the money and that's why most of them become broke again because they are not too prepared for this. In gambling, you are more prone to play more if you don't have the financial budget as well and don't have strategy on how to handle your winnings. If you are able to win some, better to have more savings or convert it to your other investment so by this, that winning can have the chance to make profit again for you.

That is not really a reason my friend because you can always get an advisor for your financial and you can learn from that as well if in case you hit big time in the lottery and in this way, you will avoid such instances and mistakes like getting broke again after a couple of years. Instead, having a correct advisor will help you in the right path and to choose the correct decisions in life so that your wealth will be preserved and will likely go up in the next couple of years.

^It could also be called, determination for me.
Because in my own opinion, the true winners in the realm of gambling are those who possess mental strength and emotional control, coupled with effective money management skills. We must understand the significance of preserving our winnings and making wise financial decisions, especially in gambling. By exercising discipline and avoiding impulsive risks, they increase our chances of accumulating wealth over time.
Think about it, for me,  it is not solely about winning at gambling, it is about cultivating a mindset that supports long-term financial stability.

This boils down to Financial literacy because no matter how much money you have or your winning is, if you don’t know how to spend your finances, you’ll become broke again after years. I’m guilty of this, because I didn’t save that much from my winnings and that’s my mistake during my early years in gambling, now I’m slowly recovering and trying my best to save from any winnings, having this small steps can still be a big help. There’s a lot of stories already about the failure of the lottery winners, I hope many already know how to spend their lottery winnings properly, that’s a huge money but they should control their spending.

Of course, the reality for gamblers who cannot save their wins or use them for something more valuable is that they believe they can still make more wins any day, which could even be a bigger one. That gives them the courage not to save up some money that they are gaining from gambling. Another thing is greed, which lures them into having bad emotions that can cause them to chase their losses until they end up losing everything that they have succeeded in winning. "Wisdom is profitable to direct."


Cheers 🥂, Dr.Bitcoin_Strange 👺👺

Definitely, but most of the time its hard to control your emotions and it's a dilemma,

a. you are in a roll, winning successively and you want to stretch your luck and continue to play
b. you are losing, and yet you think you can recover and bounce back, you just need one win to feel better and off you go.

But most likely in both cases, you might still end up losing and then you see where you made the mistakes and identify it. So the next time you play you wouldn't make the same mistakes, but guess want, you are in that dilemma again but still didn't make the "right" decision.

Winners of huge sums of money don't understand that their money will literally run out if they don't do something that will generate them more money. It's something that, once you have money, you won't ever think about. But if you have a mindset that feels like you'll always need more money, you'll make more and you'll never run out. Also, don't splurge like your money is never ending; it will always have its limits. Lastly, get a financial advisor - it's worth it, if you don't know how to handle your finances.

I think your approach is generally wrong, unless you are referring only to those who play the lottery as in the image you put in the picture or games like the Las Vegas slots where you can win millions. The average gambler's winnings are usually much lower. Let's say someone who goes to the casino with $100. They usually bet less than $100, they don't gamble it all at once. If he makes bets between $5 and $10, how much can he win with a stroke of luck? $1500?

That money is not worth saving, it's extra money worth enjoying, spending, and then coming back with $100 again next time.

I for one keep my saving and investing money completely separate from what I spend on gambling, in that I behave more like the example.

There are a few presuppositions that should be cleared up before we even talk about a "rich" mindset and "broke". What does rich even mean in this context? Relative to once starting point or relative to Elon Musk? Or being able to pay the most important bills on a monthly basis and a nice car on top?

I think what's missing in OP's graphic is also the word "luck". The right place at the right time, so timing is an issue as well. I know Op tried o sum it up in simple terms, but if becoming rich was simple, everyone would do it.

If gambling is the means to an end and that end is becoming rich, how would someone save earnings from gambling when actually that someone is forced to reinvest the money into gambling in order to become rich? It will be about luck and becoming rich with gambling only requires a lot of it.

I always believe that luck in gambling will not come again and again, when I am lucky to get a big win I will not let the winning money be in my account, I will immediately withdraw it then invest in stocks or crypto expecting long term profits outside the gambling platform, we are not will never control ourselves in managing finances if we often splurge.

Mindset is indeed important for self-control in gambling, that's why people who have a long-term mindset, of course, know how to take advantage of their winnings and gambling income so that they don't run out, yes, even though I've never earned income from gambling, it's nice to see people can change patterns. think they become positive while gambling.

Mindset depends upon the wallet backing, and in such situation how come a person with low wallet balance will have rich mindset. Whether it is rich mindset, rich person, broken person or whatever if there is zero luck then he/she gonna end up losing and end up broke.

Everyone have the mindset of turning themselves rich through gambling. The reality doesn't happen as we expect. This means luck factor is not in favour of us. Even with low wallet balance if we were able to win good then automatically the mindset will change from broken state to healthy state.

You're right. The chances to lose again is very high if you can't refrain yourself from playing. However, for many gamblers, this is hard especially you already experience to win. The thought that you might become lucky once again will hunts you. Hence only gamblers who have self-control can think of what's the wise thing to do when you're in such situation.

It's really a must that you're able to control your emotion so you can gamble responsibly. But thinking of becoming rich through gambling would not be a good idea because not all can be lucky. So just enjoy the game to entertain yourself and have less expectation. Because if you less expect to win but it happened, believe me that's certainly more satisfying.

I agree with you, if people are unwilling to save some of their winnings it's a serious problem of their mindset and might come from unhealthy expectations or being too greedy. Everybody knows the excitment of winning in gambling and the rush of positive thoughts from our brain. At least for me my brain keeps telling me that there is no chance I am going to lose now and that I should keep on gambling. Not sure if this comes from our mind looking for patterns, or it's just our faith believing in us. Nonetheless we need to keep our emotions in check and don't give into such thinking. My approach to a big win is to take some of that money out and not add to my bankroll. If I don't withdraw some of my winnings the risk is too big that I will just keep gambling with it and eventually lose it again.  I don't know if the mindset alone will be enough to transform a poor person into a rich person, but it will definitely make things better in the longrun. What I agree with is that we need a strong mindset to at least keep the money we already have. Also having strong financial and money management skills are important to control our overall finances. It's not only our gambling balance we need to control, our whole monthly budget for living expenses and paying bills should be controlled in the same way.

becoming victorious from gambling is just a mindset that bookies have and for gamblers to have a rich mindset it will only be a very impossible story unless you are really lucky but luck only comes once in a lifetime in gambling and all luck is not always in large numbers.
from according to the OP's story this is related to lottery gambling and I admit that lottery gambling if you are lucky to get the right numbers you will definitely get a very large multiplier but this type of bet really depends a lot on luck.
but to just try my luck I think it's ok every day buy a lottery ticket with a smaller amount stay in self control everything will be fine.
because even though this type of lottery bet is a little easy to control yourself not to be too greedy to buy tickets at high prices, sometimes someone will start to get emotional and buy tickets in large numbers when the numbers bought are almost right.

this healthy mindset must be correct in all types of bets because with this one can avoid poverty, which always spends money only for the rich mindset of gambling.

I'm not sure there are gamblers who are experienced at winning and winning at gambling cannot be obtained regularly.
After all, if gamblers get wins very often, they can be limited by the casino.
Most gamblers have the mindset of being able to make more profits, not saving finances, so it's difficult if you want to have self-control when you win, so that the wins don't disappear again.
It's hard to have that kind of mindset and few gamblers can do it.

If you withdraw your casino winnings to your bank account or wallet, it can be under your control, and you might also benefit from continuing to play casino games the way you have before. However, keep in mind that you have control over both the casino and your wallet and bank account. As a result, you can see that when a gambler wins a sizable sum of money, in my opinion, the only solution is for them to immediately invest that money in another venture rather than holding onto it for an extended period of time. If not, They will undoubtedly continue to gamble with that money.


People who have been gambling for a long time won't notice these because they will believe they are accustomed to it, and if they have won a lot of money before, they won't use a small sum to gamble because they will be thinking that another game may be in their favor. As a result, they will wager a large sum in the hopes of obtaining the same amount of money as before.

A low wallet balance can be pragmatically used and utilized to become a rich balance if we play with more precision and focus on the target but all still depends on our luck on the time because despite the research we conduct sometimes it doesn't favour, luck come like the wave of the wind. However, I have seen series of low balance accounts being built into rich account but the challenge is lack of management because they will lose the winning pattern and keep playing heavy until they go back low. Discipline is important in gambling.

I don't think there's a gambler who's not play more precision and focus because they're looking to earn money, they always consider loss in gambling is shameful which mean they will trying to win. But sadly they're always lose because the casino has a house edge for few %, this make the gambler has no way to beat the casino in the long run. Discipline, consistent etc are useless in gambling.

The first thing is gambling and investment give an opposite result in the future.

Yes, you're right, I'm not sure anyone can save money made on gambling wins. Most people will spend that money on the next game. Even though the winnings have been withdrawn, tomorrow they will deposit again and again until the money is gone. In the world of gambling, if you lose, you are curious and if you win, you are greedy. It seems that the law in gambling circles is like that, though not all, but most people are like that

When talking about the world of gambling, then you should stop if you don't want your money to disappear altogether. If not, limit yourself very strictly so you don't always make deposits on gambling sites. Maybe you can make gambling for fun, but don't use gambling to make money

I have friends who are able to manage finances and have strong common sense so they can stop after winning. But most of my friends are not like that

If their goal is to make money, they may have difficulty finding it because gambling is not a place to make money. Those who bet must remember that even if they are more thorough and focused in their analysis, they must know that the game situation can change instantly. And if that happens, they can start losing and it will start with small losses several times until finally, they decide to try to bet big but in the end, they still lose anyway. And if they still decide to gamble, especially if they keep using big money, they will experience even more losses. Discipline, self-control, and emotional regulation are necessary in gambling to avoid that big loss.

I'm ambitious being and making more money keeps ringing in my head, I'm not bluffing or trying to say this to make anyone feel better, most of us don't know how to handle and spend money, when it's available, that's the moment we start spending unnecessarily and even go further in buying stuffs that are not important, only to go broke and find out that we need to work, that's the moment we fall back to gambling, and trust me when I say, it's a wrong path. We've been brainwashed into believing that the money system will collapse if we don't look for several sources of it or rely on one source that is completely out of line. Our funds will continue to deplete because we just depend on a single source of income.

Those people who keep going all in even after won big amounts of money were just trying to bet on their luck. As long as they have agreed to lose their money once they will be facing the loss and it's fine. I don't even think you can call people is not having healthy mindset by not saving their reward from gambling. Anyone as their own reason why they have no intention to save it for long term.
They keep try to win more and that's it. People have ambition that must be achieved. That's also pushing the winner to try even harder in the next bets.

It is true. It becomes a stressful day after a loss which means every gambler is truly focused on winning but defeating the house is just too low of a chance even if you take 12 hours of gambling. I think I've done it once and said to myself I should stop it, those slot games are sometimes really addictive and fun to watch the pictures rolling.  :D
I think the only discipline that works is if a gambler can find his way out after a win. Because many times after a winning roll, a gambler tends to look for more, that's greed working in our brain and it's not easy to stop.
That is also why someone with a rich mindset can definitely beat a casino but only a few can do that, we always want more after a win because we have the balance to do so. Like 10 more bets will become 20 and so on until you are back to your default balance or worst, to zero.

I always strongly claim that only people will strong will and dedication will become rich (if coming from poor background). It doesn't change in gambling for sure, all same. If I get huge amount of money from lottery or gambling I would definitely take some share and use for myself. Some people are seeking greater and greater profits and asking for trouble so end up losing a lot of money. Many gamblers I know would think 10k dollars as incredible amount of money but they could waste it all.

It is ironic that you are discussing a "rich mentality" while the context seems to indicate a "hopeful gambling" mindset. It has been said many times that gambling should only be viewed as entertainment, particularly if one lacks skill in games that require expertise. Otherwise, everything will simply rely on luck, which, in my opinion, does not reflect a "rich mentality."

And actually, therefore don't take gambling too seriously. If you realize that you are just an average gambler who can't control much, then the solution is to play normally just for fun and not be upset when you lose money because you were prepared for the amount you lost from the start. Personally, I still don't really trust the casual gambler who really gets rich completely off of gambling, because as you say, they win big but in the end the money still goes back to the casino. As for the category of people who have a lot of followers, they are affiliated with a casino so a familiar collaboration is established. Being part of the casino workers already has its advantages, and when playing you can already know the casino work system.

Since you have this picture as your example all of these are true, the right mindset is everything and powerful this is the one that triggers us to reach our goal and the one that manages our emotions to control the wealth that suddenly comes to us, part of that right mindset is knowledge in money management, you cannot have a right mindset if you are not properly educated to handle unexpected wealth.

But it's not just about using the money again to gamble in the next day, because usually or most of those who win gambling can easily use the money they have earned. Usually, the money from the winnings is used like something to party and or buy other things. That way, the money they get from winning in gambling will certainly run out quickly. So yes, in this case at least they also have to be aware that money management is also needed, because if they don't have good money management, then they will still feel like lost even though they have won at gambling.

Someone who has never had anything and then suddenly becomes rich is always going to be a disaster. They are going to impulse but everything they ever wanted as soon as they see it. If you are a lottery winner and have always been broke, taking the 20 year payout option is the best thing you could do for yourself and your family. Always going to have money coming in each year.

Another good thing would be to go to your bank and look into some long term investments and try to make your money work for you.

Its apparent that winning big can distort our judgment and lead us down a slippery slope. Indeed, losing can be overwhelming, causing us to gamble more to win. The vivid colors, whirling reels, and anticipation of scoring a jackpot make slot games irresistible. Like any addiction, its important to realize the hazards underneath this alluring facade.

Your observation about greed affecting gamblers' decisions is interesting. Winning sprees can be disastrous. The illusion that more balance means more wins is exactly that. Casinos usually favor the house, so a "rich mindset" wont help. It takes discipline, risk evaluation, and the ability to quit. Accepting zero balance sometimes beats seeking infinite wins.

The difference between rich mindset and poor mindset is not in how much wealth you have. It's in how well you manage your wealth. The lottery winners are not taught money management, they have no idea how to do that so when they suddenly find huge money they starts spending it. They think it's enough for rest of their life so they never think of investing it or making a business from it. If you can not accumulate your wealth and always spend from the savings then soon you will run out of cash.

By the way, I lost the last part of remaining balance from the last sportsbook LOL. Now again I am in a break for the next few weeks or months 😉

There is a lot of truth in your infographic but not many people will realize it until they are older and some will never connect the dots their whole lives. Learning about finance is one of the most important things that you can do with your life and is highly relevant to gambling. Sensible people know that betting is just a small form of entertainment and only place "fun" money on to it, expecting to lose it all. The most desperate people, usually those with lower financial means, often see it as a way out or a shortcut to wealth, which leads you down a very dangerous path with one bad ending. I recommend that you read a good 10-20 important books on the stock market and you'll start to pick up so much knowledge in finance to defend yourself.

Neglecting discipline can indeed backfire on someone. I found myself in such a position when I ventured into a new gambling platform for the first time. The funds I used came from passive income, so it didn't disrupt my primary finances.

Initially, I experienced a few wins, resulting in a doubling of my assets. I had a strong intention to set aside a portion of the profits and continue playing with the remaining amount.

However, a string of losses fueled my curiosity to prolong the game in pursuit of the illusory triumph I desired. Deep down, I anticipated this outcome, yet I made the same mistake once again. I chose to gamble away all the initial winnings until my balance was completely depleted.

It appears that my emotions, discipline, and curiosity were not in sync, leading to this predicament.

But you can argue the other way around as well. If it is a person that always took care of the money and never spent a lot, but afforded to play a little bit of lottery every now and then, how likely is it that that person will go broke quickly if that person is used to spending on the lower minimum and didn't afford luxury? This is back and forth and I believe it is a question of character, intellect, life experience and discipline. Even if someone never learnt a think academically about money management, they might still have anxiety in terms of the future and hence save a lottery win until they die.

On the time that you do get your wealth on something on a hard or tough method and not something that called inheritance or other similar things correlated to it on which you wouldnt really be able to mind off clearly and would really most likely that you wouldn't care about on the money that you do currently posessing on which spending up some on other means which it isnt really that limited on gambling which
you would likely be on doing so. Speaking about mindsets then it would really differ on each person whether you are poor or rich but if you do have that kind of control towards gambling then
you wouldn't really be putting yourself into big trouble.

Its a matter of common sense and being wary about on the actions you've been doing.If you do treat up gambling as a form of entertainment and wouldn't really be chasing up about on getting rich
then for sure you would not find yourself putting on big trouble towards gambling because you have done it the right way and treatment on it.

I agree, if they don't know how to manage their wealth it will be bad for them. No matter how many times you won a large prize but as long as you don't know how to manage your money and don't have plan to diversify it but you only spent it to  nonsense things eventually it will all gone, what comes easily will go disappear easily as well, that's the rule of life I learned.

What you say is real and very many have experienced something like that. To save the results from winning gambling is not an easy matter, even after winning gambling the next day don't play gambling again. but the money will run out quickly because we get it easily and of course the winnings from gambling will be used up for a spree or buying something unnecessary.

There is also the opposite mindset, It's not about the actual money, it's about the thrill of gambling. This is the story of a close friend of mine, he was always in a situation where he always won a lot playing gambling and couldn't stop playing. because he feels the adrenaline and thrill of rising and winning always overrides the logic and rationality of cashing out as a winner. that is why gambling can never make money.

And in the end, I agree with your opinion, for anything related to money, we have to change our mindset to be able to manage our finances wisely and well. Whether it's when you win at gambling or when you get profits from investments.

To tell you honestly, those persons you are referring to in that statement are mostly not present in the gambling world. :)

Why? In the first place, if the goal is to be rich, why do gambling? If a person is good at money management skills, why do gambling?

In the world of gambling, there's no such thing as controlling emotions stuff at 100% since that was human nature. What we are trying to keep up with gambling is trying to be responsible all the time regardless of winning or losing. Believe me, even if a gambler does have continuous wins and is able to cash out as always, that won't lead to the path of being rich as these winners will always find a way to experience that wonderful feeling of being a winner and will continue to face the risks in gambling, in the long run, chasing that purpose.

very rare that a gambler can be a winner at the end because most will continue playing even after winnings. but for some who can have this money management skills, after winnings, they are allocating some funds to savings or business. if a gambler can do such job, he won't go totally broke. now the problem is, if he won't stop gambling, and if he will use the money that he saved for gambling again, then he will go to that route of being broke. that's the dilemma of most gamblers, they can't stop up until they are already broke.
and for those with such rich mindset, after winnings, they will set aside the funds for possible business venture and not go back to gambling. and the number of such people are few.

as I have often written into this section, "playing" "betting" DOES NOT get anyone rich!
not only because a gambler continue to play but because these bets that yield life-changing sums are so rare that it practically makes no sense to consider them a viable option for the future.
money management, and in general a professional approach to this field can provide a decent "extra"... but not expect "lifechange wins" this will be something impossible...

You learned a hard lesson through gambling. You were attracted back into the game despite having a well-planned strategy to set aside a portion of the profits and play with the rest. The prospect of victory was too tempting. After the first success, losses were inevitable. Every gambler thinks they can win, even if losing is statistically inevitable. The 'gambler's fallacy' strengthens this idea with each loss. Your experience may highlight the need of emotional control and discipline. Mastering these qualities is the only way to keep a clear head and make sensible decisions when faced with rapid, easy wins.

You can only be proactive in making investment plans towards a winning or money you're somewhat sure of. Many lottery players do get involved without a mindset of winning at all looking at the millions of persons playing the lottery, they just want to do what every other person around them is doing not believing that they can be lucky to win it. So when they become the luck lottery winner with no prior plans buying of more other tickets with the hopes of getting another winning would likely look like a good business to them. It's rare to see a lottery winner make good investment use of his lottery money this is because they never expected to see themself making a win. When you have a winning mentality it's possible to prepare ahead of it someday.

A broke mindset leads to poverty sooner or later, that statement has been proven by experienced economists and this rule can be applied in various industries including gambling. The rich person with the right mindset may break the system mechanics and get out of the "rat race" if you know what I mean. Not all lottery winners stay rich till the end of their life for mentioned reasons, IMHO. They usually fail to manage the wealth they get and many relatives keep using them for their own advantages, unfortunately.

What every gambler needs to understand is that winnings don't come just immediately; now the scary part of the story is that you do not have a choice to stay and wait, without Putting up the work... Which invariably means you gotta keep trading your losses on tomorrow's hope - which fate again' could decide to introduce you to the opposite of it....that's too much risk to take!!
Well, to some point, your strategies would actually do alot of good to 'em gamblers that won't wanna hold themselves away from the game.

Sandra 🧑‍🦰

Gambling is a risky activity. Gambling again with money won in gambling leads to potential losses. After all, making money in gambling is based on luck. When luck gives us an opportunity, we should use it well. So when we win money in gambling, we must act rationally and protect the money. Otherwise, if we lose the money we earn in gambling, we will enter a vicious circle. If we cannot get rid of vicious circles, we should not hesitate to seek professional help. Gambling addiction is a common problem experienced by many people.

Professional help? will people care when you are addicted to gambling and will anyone find out. I see people who are gambling addicts don't open any conversation about gambling, some of them are introverts.
Winning the jackpot at gambling is luck that will not come twice. if forced to continue gambling then they will lose it all. gambling will take all the winning money and only regret will be left.

This is one of the first mistakes, actually. Investing directly on things people do not completely understand. I would first seek the help of a financial advisor if I were you, then take the time to study some of the investments that are readily available to me before I make the decision. I do understand that a lot of us here will readily invest in cryptocurrency at any given time if we have the money. But with huge amounts? It's better to take our time before we click the button and spend something on potential bags that we will hold for a long time.


Exactly. Most people, when they have access to money, they'd buy things that 'they think' they need, when in fact it's the opposite. The consumerism mindset has been etched deep into our minds that we think everything that we see, we need. Good on you for recognizing that there is a possibility that our funds will eventually go to zero if we spend incessantly and carelessly. Not a lot of people, especially those who are new to having lots of money, know this and recognize it early on.

I don't understand the context of rich mindset and been a rich person. I can chose to be a rich person and chose to spend less and people will see it as been stingy type of person or don't want to spend and see me as broke buy if it's the life I have chosen, nobody can define it for me because I own it and set the standard for myself.

 Let's put it in gambling context, the only thing that push people do things out of there limit is greed, it let them have unsatisfied mindset and gamble out of their limits, this is why they always go back to nothing. Gambling should be concise and fun, I can't imagine someone spending an entire 24 hours gambling and expect to make wealth from it, such people end up been addicted and play pity card to attract attention but believe me they always go back even they are save from such bad habits of fun.

I don't see gambling as a way of getting rich because it is a chance of luck. So many people who do win huge amounts of money from bets did not always have plans for it because it came as a surprise, and any money we don't have plans for we easily just spend it anyhow, thinking we will get another one. I believe that any person that is gambling is doing it with the aim of making money from it, and with that, some will hardly quit  if it was able to win a big amount of money, because it  thinking will always be that you will continue to be winning, which is not possible,so people continue losing because of their mentality of winning another day.if someone have mindset of becoming rich, I don't think it can happen through gambling because gambling is all about lucky.

Most gamblers don't have any plan on how to use big wins. I wouldn't also blame them because winning big most times solely depends on luck. But the biggest mistake some of them make is to still gamble with almost all the money they won. This might not necessarily means that the gambler has a poor mindset but he has a greedy mindset. I know someone that won millions in my local currency and gambled off the money within a few hours because he thought he would still win a bigger sum.

Gamblers should have an investment mentality. Even when you might be unable to figure out immediately where you can invest a big win, the ability to control yourself not to gamble the big win is very important. It will also be ideal for gamblers to be knowledgeable on profitable investments so that wins could be maximized. But living a flamboyant lifestyle and increasing our stake because of a big win is what I see as a poverty mentality. Big wins should be invested in or used to solve a basic need. If I win big, my first need will be to build a house for my family because this is my basic need for now.

For the record, gambling is a pure entertainment for me. The day I am bored, I have no work, my girl is not around, no football on Tele, wife is not around, in short not a productive day; I deposit some money in a gambling site. Then I place random bets, open the live update website [whichever is available] and enjoy the moments. Stressful when bet is losing, but enjoyable when bet is winning. If I am able to make any profit then after few hours I am withdrawing all and when the day is bad then losing all deposits before I sign out from the system.

I used to be a gambling addict but that was over a decade ago.

It should be but people do really take the other way around on which its not really that something suggestable for you to take gambling the other way around other than leisure and entertainment. On the time that you would be playing, then you wouldnt really be minding about investment or savings or something that in correlated because on the time that you do gamble, then those funds are considered to be lost completely.
If you are lucky enough then you might be able to make it grow or make winning which it would really be that great but we know the odds and chances are slim on being successful or being a winner on gambling space.

That same healthy mindset needs to be applied outside gambling as well because I remember watching a documentary about a lucky lottery winner, and it only took them at least a year to lose everything they've won from the lottery. In their case, they unnecessarily spent their winnings on luxury stuff and only started worrying about their finances once they've used all of it. Instead of hoping to become rich one day, we should strive to be financially stable.

It is only a few bettors who have won huge money that they ought to have used to be reasonable and build multiple investment and become financially stable that have taken that opportunity. Usually bettors believe that if they are able to win today then they will also win the next day or in the future but unfortunately they are not learning from people who have won in the past because it is not usually that possible. I don't know how true the usual saying that opportunity comes but once is but I have seen big winners who were suppose to turn their destiny around but today they are back in the street after lavishing very huge jackpot winnings.

That's because they feel they now have so much money they can spend on things they don't need. Instead of saving their money or buying assets that could be useful in the future, they spend it on things that aren't important so they don't think about their future.

They need to learn about financial management to know what is important and fun so they don't spend their money just to satisfy their desires. And again, this is a real example for us where we have to be able to prevent it so that when we win and win a lot of money, we can arrange the winning money for things we need in the future.

Preparing for the future is important to survive situations that may change drastically. Not only for us to survive but for our families as well. So with that big winning money, we can prepare everything from now on.

Yes there are also a couple of websites (https://www.gobankingrates.com/net-worth/bankruptcy/lottery-winners-who-lost-millions/) describing examples of lottery winners who flushed their money down the toilet within a blink of an eye. There are all kinds of amounts from a million to tens of millions of dollars being wasted in no time. But it has been said here that it is a question of character as well, the general attitude towards money and whether someone has control over the situation or not. Or even better, not the uncontrollable desire to spend money on useless things in the first place. Tens of millions sounds like a lot, but when somebody really wants to spend it within a day, it is of course possible. Buy a yacht and get broke within minutes.

Your perspective is fair - unregulated big wins can lead to big losses, especially when greed outweighs rationality. However, by blaming greed, you ignore other possible causes. The 'Gambler's fallacy' is a psychological term for a gambler's irrational behavior after winning. They "ride the wave" and drown because they think a win means a winning streak. Investment makes sense and should be promoted. Why don't gamblers invest? Financial illiteracy? Finally, your statement about 'poor mentality' and significant successes sounds generic. Can a gambler win large and spend lavishly while making smart financial decisions? Big victories should be invested in or used for fundamental requirements seems to limit individual choice. Your idea to house your family after winning is admirable.

A healthy mindset cannot be effective in winning the lottery because no one has any strategy to win the lottery or any strategy does not work here. But in any other sector of gambling, a healthy mindset can work very well.  And a gambler with his healthy mindset can win casino with good strategy, and most times win from sports bet. So it is true and I agree that a healthy mindset can bring success to a gambler.  and it can prevent you losing your momey by panic gambling

To be honest, I feel that the concept of having a healthy mindset applies more on trading than gambling. The term panic gambling is something I had never heard before, but I have heard about panic selling (while trading). While wagering one's money, the best case scenario while rolling dices or playing slots is that one can take the losses in a proper way and not to chase them.

If one is lucky while having a good mindset, one is supposed to realize that it was just luck, not the mindset itself.

To be honest, I have enjoyed winning gambling money with a fair amount, but I have never thought of gambling money as healthy money or made into a pattern in the healthy category, I think gambling winning money can only be spent for fun, as I think gambling is only for fun.

My soul is contrary to the results of gambling money and I think it is not real wealth for me, as I easily win it so I easily get it out, on the other hand my victory is not a benchmark for the source of wealth, Even though I have thousands of dollars, it is not a good idea for me to consider gambling money as health and wealth for me, let alone make it my life money.

Mentality alone is not going to make you rich. It could help you become motivated to try to become rich but in the end what makes a person rich is pure luck. You could open 100 businesses and they could all flop, not because the product you are selling has no market but because you opened your business at the wrong time or in the wrong place. On the other hand, some guy who did absolutely no market research and just decided to sell something might have met an Influencer, who made his business very famous and he gets rich overnight.

I think we should all be happy with what we have, and not see money-making as the ultimate goal of our lives. I am sure that every old billionaire in the world regrets not having lived his/her life differently and only having used their life's time to make money.

As I see it, a healthy mindset is important to live a happy life. Getting rich is just a bonus.

It's not really only about having a rich or healthy mindset but it is also about discipline and self-control. A person with a rich mindset might also have a hasty nature which makes him take decisions without giving them much thought which ends up putting him in situations that cause him losses. So, the very first thing in a person, whether they have a rich or poor mindset, to be able to achieve that in gambling is to have self-control and the ability to be disciplined.

Someone who doesn't have these things will barely be able to get any success in gambling even if they are winning, because as you said, they will eventually lose everything back because they won't stop after winning as greed makes them gamble more only with the hope that they might win even more with it.

I also don't think that winning money from gambling is healthy money because I don't think the way to earn it is halal. And I know that in my religion gambling is haram, so winnings from gambling can be categorized as unhealthy or haram money.
and what I really feel is, whatever money I win from gambling is gone in an instant, which sometimes makes me wonder where the money went. So I thought that even if I could get rich from gambling wins, it would be very easy to become poor again. Even if the money is used for business or investment, the results will not be as expected and will not last long.
So it's better to gamble for fun and if you are lucky and win money then also use it for fun and with that we get double pleasure.

Greed is difficult to fight as it is deep in our roots since many centuries ago and is deep in our DNA.You can't change something that is programmed to behave like it does,therefore even a healthy mindset may be victim of a moment where greed prevails over the brain and the gambler follows his instinct clearly in a damaging way for him as greed usually cause us to lose a lot of money.

This to say that a healthy mindset is not enough if we have not trained ourselves very well in self control and self discipline,the healthy mindset cannot keep you at winning ways,discipline does as it dictates us to stop no matter greed may be yelling gooooooooo.

A healthy mindset could be applied to all aspects, whether gambling or not. Let's say in the lottery, if you write the wrong number or put the wrong combination of numbers because you are too stressed or overthinking something, then the number result should be the number that you should be betting on, and you'll lose the winning or, let's say, be unlucky, but the root cause is not being in a good mental state. Anything that we do or actions involving it, but again, there are different definitions of success in gambling; others will say if they have a good time even losing, then it would be success; it is not only about winning.

Most lottery winners have no plan in place to replace the money and attempt to live the lifestyle of a billionaire on a few million dollars. One's attitude rather than a lack of resources is what makes someone poor and broke.  People are broken on the inside.  They are ignorant of the nature and how powerful money is.  To make more money, money must be spent and invested.  The majority of people were never taught that, so when they win large in the lottery or casinos, they quickly lose it.  The secret to the rich staying wealthy is first their mindset and second who they talk to. They either don't seek financial advisor assistance or they completely disregard it.  And really what they have to do is put up a portfolio with some Treasury securities, blue-chip companies, and both commercial and residential real estate, and live off the interest. But they never do it.

But many people have the mindset of getting rich from gambling, so they decide to gamble again even after winning a big win. That's not good for them because at least they have to rest before continuing so that their emotions after getting that big win subside. This is to anticipate the desire to win more wins where it will not always happen. It would be even better if they had good self-control so that it could help them to stop soon.

They will only spend their winnings without being able to save their winnings and will not be able to experience success from gambling. And it's true that in the end, they will lose everything, including the winning money they have earned. That's why we have to really control our greed so it doesn't make us gamble longer.

Would you like me to tell you why they don't?

A huge number of people on our planet live from paycheck to paycheck, so they do not have money not only to buy blue chips, but also do not have money for their own homes or personal cars. Such people are forced into the trap of today's banking system and become a kind of slave.

Yep, @OP is only looking in his self where he make more money than his monthly spending regardless the country where he live. If he know there are many people are struggling in their life and the problem of why they can be like that, I doubt @OP will able to solve the problem, he might be trapped in the same way like them.

Social gap is still a big matter in every country, the poor have no choice than working for the rich and get paid with minimum or low salary.

The context of rich mindset here is teh contrary of what you are describing if you will read the content of OP. Rich mindset on this topic means the ability to cashout profit when user is winning since he is thinking on how to get rich and not being broke by continously playing even he is on profit. You are describing a broke mindset base on his example since broke person usually play recklessly while rich mindset play smart that’s why they are rich.

But I think if a person has rich mindset, He will definitely avoid gambling since there’s no way to get rich here because this is not a source of wealth but rather a source of entertainment only.

Well said. Self-control and discipline are the keys to keeping your mind calm. If you are calm, you won't do bets or things mindlessly. Unfortunately, the majority of gamblers don't possess this which always leads to losses. I'm guilty of not having it especially when red streak comes in. It's very hard to fight the emotions and the only way to calm your mind is to have a green streak and get back the amount before the red streak.

There's this delusional mindset or a believe set from gamblers that they could have more chances of winning bigger amount again after getting a win of some attractive figures. By that, they increase their bets and their risk only to end up losing all they have won back to the casino house. Gamblers do this forgetting that a gambler doesn't get lucky twice immediately after a big win.

Indeed mindset plays a role but it's has much to do with insatiable greed than the latter. Only that person that's satisfied with whatever good amount he has won from gambling can redirect the money in investing into others areas that would yield profits. So I think a good mindset goes along with satisfaction.

I don't think so because of what @OP said:


You can see that managing money after getting a win is recommended, and that is about to take a short break. And I said that one should stop first after winning because if he continues, he can lose all his money by betting it on the gambling table. Besides that, taking a short break is also to control the emotions after winning. And if he can do that, he can have the money, and perhaps, if he can earn more the next day, he can become rich from gambling, although that is not easy.

Besides that, most gamblers out there have a rich mindset. They want to get rich from gambling but can't use it properly after getting a lot of money from gambling. Or perhaps I misunderstood it. If so, I apologize to you.

I think they also think of it and they have tried some things or businesses to regain the money that they have lost but some of they are not lucky about it. Their spendings are still bigger than what they earn so they end up using most of their wins and eventually all of it will be gone. These people never have that kind of money before so they are only spoiling their selves. I see nothing wrong with that.

What important is they enjoy even if they will ran out of money soon. We can't bring our money in the other world once we unfortunately perish in the real world, so it is still better to use them now as long as you are still healthy and capable of doing a lot of things.

The major thing with gambling is that it is very hard to see a gambler content with his or her winnings as the taste to win more always surface and it's also quite natural as this is all human greed. I know satisfaction while will help out but its hard to see a gambler satisfied with his winning except he has control and he is not greedy then maybe he can divert his winning into an investment. But even if he does that he will certainly play again and there is a big possibility that he might lose one way or another and if that happens the money which he previously won has balanced with the one he recently lost because the losses are certainly going to be more than his winning.

It is not only about the second chance trier but the increase of the risk and most gamblers are culprit to this. If you win once and you are playing for another game, you have the tendency to increase your bet as a natural instinct of man because you have profit already and the money you win gives you more confidence and hope as you are left with some balance. The unfortunate thing is that like you said, that greed will push someone to keep playing until the last drop of the cash is exhausted. Second chance works sometimes but it is dangerous when you try to win the second time and fail, you may want to continue trying until you are on zero balance.

Greed and desperation will only result in losses and addiction. We have the opportunity to witness huge profits if we follow the proper procedure in gambling, we have a healthy mindset to create the action to save money and grow other enterprises outside of gambling, really a challenging time. Gamblers are never satisfied with their earnings; they are always looking for ways to get greater depth of their bets. When dealing with gambling, we must make the decision that we are fully prepared to face down the outcomes of these gambling results.

I am more inclined to think that saving winnings is more on money management side.  Since we are talking about funds or money, those who are able to learn good financial management will make the gambler who won huge to keep their funds safe and will look for new investment where they can make their money grow.


The money management skill is one of the key factor in getting rich.  Though I doubt about a regular gambler who is in series of losses can acquire saving from gambling activity, the strong will and great money management can enable them to avoid financial ruins.

Everyone needs some spare time on their daily routine to breathe, think and trace their plans, strategies and goals for their future. The problem is that there is a considerable portion of society that doesn't have time and peace of mind to do that, because they are too busy working, taking care their families and concerned about what they are going to eat next. Therefore, they don't have any plans to save money and invest it for passive income profits.

On the other hand, I'm not sure if we could include gamblers on this category, since they seem to have a lot of spare time and money to maintain their hobby active frequently. So, I don't think they have any excuses to develop the wrong mindset when planning and tracing strategies on what to do with the earned money. Lottery and jackpot winners should be examples of success for every gamblers, rather what we see for real are people wasting won prizes until going totally bankrupt.

I believe in part it's due to an uncontrollable excitment these people feel for having an amount of money on their hands they have never dreamed they could achieve before. So they somehow lose contact with reality and waste everything irrationally.

Human beings are different on which the way they think and the way they do approach on things then it would really vary. There are ones who would really be having that kind of control but there are ones who are really that impulsive on the sense that they do make out decisions which arent they thinking on how things should be done and sensibly on which they wont really be coming into a point that they would really be spending
carelessly compared into those people who dont really care about their finances. Some might that be able to think up carefully but there are people who do just spend up like a mad man. Lots of people who had been
able to hit up the lottery but ending up on getting broke or become poor again because of mismanagement of their winnings which is really that sad.

Lets see some list:
https://www.gobankingrates.com/net-worth/bankruptcy/lottery-winners-who-lost-millions/

in most cases what I have seen is that people when they play casino games that are games that depend on luck and they spend many hours playing trying to hit a big multiplier so that they are lucky enough to win a lot of money, but they stay for days, losing weeks, months, with that comes frustration, but even so they continue playing because they still believe that they just need to be lucky to give them a big win, they already lose themselves in how much they already lost and they don't do math that even if they hit one large multiplier will no longer make up for the many losses they have had for a long time.

on the other hand, people who are into sports betting have a big problem, because they need to put a lot of money in a bet if they want to make big profits and they end up losing more than they win, and they also start a cycle in search of recovering the losses, and only succeed increase losses even more, while for people who play cards they are very convinced that they can win easily and with that they always risk putting money that they cannot afford to lose, they are the people who take the most risks

If you win the lottery first thing to do is max out all your big dollar items like pay off the house debt.  Max out the pension for your old age.  Pay forward any bills as much as possible so its always covered.  Like for energy you could get a solar panel install done then you know the lights will always be on regardless of the rest of your spending.   
  One rich guy bought a lifetime free plane ticket anywhere he likes in the world.   His risk was the airline would not be around but turns out he spent money in the past to always know he can travel free for every event he needs to attend forever.   That was kind of smart so I would just do that kind of thing as much as possible.      Quite a few things if you are rich its almost easier to stay rich if you cover the costs going forward avoid paying others.   If you really win big, buy a casino or buy your own little place with a jackpot machine then you cant lose I definitely have heard of people doing this and thats smart imo :)   It means your capital is employed and you are also occupied as more then just a consumer or spender.

Mindsets were just a myth. Everything related to gambling is connected to luck. Some form of gambling is much associated with skills. At times even the skills doesn't bring us winning moment. It is all the luck that favour us when we go for with some random choice. Mindset plays a role when we're gambling. Personally whenever I feel frustrated I do gambling and this leads to loss which is a known fact, but being lucky at the moment have the opposite reaction happening. This even calms down and makes us come out of the frustration.

I believe that from the moment a person decides to enter a casino, they must already have their personality defined and their mentality evident, or at least be prepared to possibly lose money, and if not, then better not try it. Because you are going to be very disappointed, but if you think you are strong enough to accept it, that is the first thing to consider, and keep in mind that any winnings in a casino, sometimes it is better to withdraw early before losing it all. , because that usually happens, and it is a fact that we do not even see it Coming.

My gambling strategy, in sports betting, is very similar to that of trading, and it consists of something very simple, if I make a profit, what I do is withdraw, but not withdraw the money, but rather play the next day, or I don't know, when It suits me well, it doesn't matter if my profits are minimal, what matters here is that I can get something that adds up, it's better to add profits than to obtain losses, I've always said that it will always be to have that at nothing.

Of course, my strategy is very traditional, it is not reckless at all, there are players who continue betting and can even win much more, in my case it does not work because my money is always low, it is not that much, what you always have to have In consideration is that each person has a very different economic situation, those who have more money willing to lose, obviously they are going to risk more, but those who have little money do not, you must be very careful.

The mind regulates almost everything that happens around us; we all know the number of occurrences we can handle and how numerous we wouldn't. Feeling frustrated by losses in the space has just increased our desire in gambling; we should learn to be patient and strategy for alternative B. Saving is only triggered by people who have good critical thinking; they are constantly two steps ahead of their peers; before betting on games, they ensure that they've done their calculated risk management and total possible earnings returns, and they hardly missed out on losses.

It's really difficult to stop our gambling activities not only when we win but also vice versa when we are experiencing a losing streak, and that happens because the player does not have good self-control, he just does what he wants to do without thinking twice that he can lose the result of winning and losing all the balance when he continue to experience successive defeats but don't want to stop for a while because usually when you are experiencing consecutive defeats but keep playing our minds get out of control.
But gambling is not the right way to increase wealth, we may often see players who can get big results because they get the jackpot or so on, but we also don't know how much they have lost and how long it took them to get that win, and unfortunately, not everyone has the same luck to get a big win, it is better to do business than gambling if you want to increase your wealth because there are very few stories of people who get rich suddenly from gambling, but agree that a healthy mindset will greatly affect the way we gamble when we are profitable or vice versa.

Having a rich mindset is different from having the mindset of getting rich from gambling, if you are having the mindset to get rich, then you will be able to diversify your win from gambling and invest in other aspects, you will be able to control your gambling, you will know when to stop gambling and after winning you will have plans for what to do with the money.

But if you are having the mindset of getting rich from gambling, then I think that’s when you are already getting everything wrong, because don’t be surprise that you will keep on wasting everything you have won previously on gaming again, which might even end up leading you to gambling addiction. We shouldn’t have it in mind to get rich from gambling, because you will never be satisfied with your win and you will always end up gambling more.

If you are greedy in gambling, don’t be surprise that you won’t be able to achieve anything, because you will always lose the amount you have won, you will never be satisfied with the amount you have won, and you will always want to keep on gambling. If you are a gambler, it’s better you are satisfied with the little amount you have made from gambling, but if you keep on thinking the amount is too small, then you might end up losing everything again.

Well it's supposed to be like that and it's a wrong mindset if someone assumes that they're going to be able to become a rich man from gambling, it's beyond me. How can someone make a consistent income from gambling, this is a question that only the bookie himself seems to be able to answer. It is the right choice to use the money won in gambling and then use it again for something else that has a clearer profit growth such as the investment you mentioned. But the problem is, not many of them (gamblers) are able to control themselves when they win, most of them will return to gambling using that money and obviously defeat will be waiting for them there.


Greed is a natural thing that everyone has, especially for gamblers, it is very difficult to control greed because gambling moves under their subconscious. It cannot be said that they have won if they have not gotten the money in real form, because most of the amount will be lost again in gambling. This cycle will always happen to all gamblers if they overdo it. Reducing the amount in the bet looks better to minimize losses.

Gambling winnings aren't that much for the most but it is important to get your part every win you make. It may not be as huge as considered to be a wealth but you have to make yourself secure anything as much as possible.

While it's true that it starts from the gambler's mindset but not everyone stays intact with their mindset. Because when the excitement, rush and adrenaline is there whenever you gamble, you're forgetting those important points that you need to remember.

Because it will make you control yourself and keep focus when you win and that's to take some from your stash.

It’s very hard to stop you to play the gambling after you get addicted to the gambling.One survive says,it’s hard to get the people from gambling addiction after they get into deep addiction.And the same survey also states that the 70 percentage of the people who engaged into the gambling will get addicted.So it’s better to part of 30 percentage gamblers list as compared to the 70 percentage addiction list.Even if your get addicted,don’t worry.Just limit the deposit amount to the gambling sites.



If you want to increase the wealth from the gambling,Gambling is not the recommended one by myself.Gambling is the best one to get some fun with your money like other games involved money.Gambling also the luck checking machine,which say your current time is good or not.Trading will be the recommended one for the wealth increase tool for your future.

The notion that any success, no matter how tiny, is worthwhile, is one that is rarely highlighted. Some players may not fully appreciate how important it is to remember that every win is real money

But I'm not sure how far that outlook can lead you. While protecting your winnings is paramount, you have to ask if it's worth the risk. It's all in good fun until you find yourself in the red and unable to climb out...

You also bring up the risk of losing self-control amidst the excitement of gaming. Absolutely, I concur. But is it possible to keep your cool in a game whose main purpose is to excite and entice you? Every gambler needs to ask themselves that

people who make sports bets do not earn much when they make single bets, so people have to make a lot of simple bets in order to see any profit and it is always a low profit, and if the person puts a lot of money he also runs the risk of losing everything, so sports betting is something in which to win a lot by betting little money, it forces people to have to make multibet bets with several teams in the parlay, until they at least have odds of 5x or more, but that becomes much more risky than doing single bets.

now in the case of people who play casino games that are games that depend on luck to win, people put cents in each session, which allows them to play for many hours with a small bankroll and in case they hit a large multiplier they are with a good amount of money, but of course it's not easy to hit a big multiplier, but looking at the amount of money put into each section it seems to me that it's only been worth it for some people, I've seen some people winning the world and I think they're making a profit, no I know if in the long term they make a profit or if in the end everything they gain they lose again

The sort of people who play the lottery can be quite distinct from other types of gamblers, they may not even see it as gambling in the traditional casino sense of the word. That sort of person may have a better level of financial control and be less impulsive, or susceptible to throwing away all their winnings. There's also quite a big difference in potential outcomes, if a casino player is lucky on a slot game, they might walk away with $1,000 in winnings after betting $2. If a lottery winner bets $2 and gets back $2 million, they are less likely to buy lots more lottery tickets afterwards or it will have a negligible effect on their new found wealth. I think it'd be fairly easy for a lottery winner to walk away from gambling forever after that point and be very happy.

I think this the way I also see mindset working, that is to feel negative or positive about a situation and the way it affects the outcome of our game just as you have mentioned also. Of course frustration isn't really what will give people joy or relaxed mind and you need to be relaxed, free of emotional stress to be able to gamble for expectation of positive result. Someone who is happy is likely to have a good performance than someone who is sad, a sad person can further cause havoc in whatever he handles.

Single bet only means having one chance whereas Multibet will provide many opportunities. I also often make this kind of bet, dividing single bet funds for several other bets so that there will be more chances of winning. i usually do for football sportsbook bets and that's what i like. and several other bets with different allocations as well. at least having 4-6x odds is enough for me.

For actual betting it is still possible to multi rather than single but of course the consequence is that when one fails then all fail and this is a risk in multi but when it works it is clearly worth doing multi bet.
I often do this and indeed sometimes for a few possible wins for big clubs I always get a good return rather than spending money on small odds for just one club so it's more worth it with a few multi bets that make the odds more attractive.

Some people who want visuals in slots as an attraction are still referring to the reason they are there but indeed when I return to the context of the title I think sportsbooks are more minimized than slot games which sometimes make the balance run out in an instant.
I've been playing slots for the past few weeks because sportsbook especially football is on a long holiday. but when the domestic competition of the big European leagues starts, of course my focus will be on sportsbook again because I still feel it's worth it for me to minimize losing money especially for betting in sportsbook we also don't need to monitor and be on the site so this can keep me from exploring deeper gambling sites.

Well if you think, also try to back it with data and a simple analysis. Since you divide your fund into multiple bets, then your risk will minimize so does with your profits. Not only that, since you have multiple bets, you have now more chances to lose on different games. This basically means, your profit ratio is below the necessary wins to make up at least brake even.

Unless you have a strategy to bet more when you know you are more likely to win, then you have greater odds. But assuming that you play a lot more games, then you have more exposure to losses. For that 4-6x odds, each of those games still has 50/50 of winning and losing.

everyone often talks about how to win at gambling, but very few talk about a healthy mindset, even though it is one of the important factors not to go bankrupt when gambling. with a healthy mindset it will definitely keep someone from bankruptcy and can make them successful in gambling or various things in their life. with a healthy mindset, a person can manage their finances better and they can use that to build a business or investment that can bring them more money.

that's why a healthy mindset is very necessary for gamblers so that they can still gamble, but not fixated on it, they can still manage their finances and make it to increase their wealth and they can also control their emotions and not gamble excessively which can ruined their financial condition.

This is a very interesting thread and I want to thank you for the pictorial description in which you displayed, this image have also described the various mindset of different individuals, now what I'm trying to say is that you become what you feed your mindset with, if you're already a wealthy person and you've got this mindset of a poor person you think broke or don't know how to turn your wealth into multiple streams of earning you'll end up becoming broke someday.
 But if you're poor but always have a mindset of working hard to earn, learning new ìdeas, developing new skills that would fetch you multiple income, with the little you have if you put it to a good use, there's a tendency that in the near future you'll be very wealthy and free from being broke, same applies to gambling, a rich gambler that always stake high, without applying risk management of gambling all in the name of having fun could ernd of go bankrupt someday and a poor man with a good gambling strategy, that knows the risk of involved and bet save could end up winning a jackpot someday and become rich, that's my own explanation to this thread.

It's way easier to talk about it and discuss these things though it isn't something that can be developed in a matter of a few months. It's a hard thing to accomplish given how humans are susceptible to changing their mind about something that doesn't fulfill their desires or what their mind wants to have. Especially in gambling - most of us would think that since we already won a big amount, we can easily replicate it and just take the stacks whenever we can while in reality, it's something that only occurs to us once in a blue moon. Or if ever someone won something consecutively, it'll only last for a few instances before their lack runs out.

Depends on your mind control and disicpline on which it would really be just that a normal approach that we would really be that interested when it comes on making money or dealing up with something which can

provide that kind of possibility on getting rich in an instant and this is why this would be the main reason on why it would really be pushes us up to play even more.On the time that we do see that our money gets depleted or totally blown out then this is where regret would come out and this is the time you would really be thinking about going on other way around and would be minding about savings or something.
Gambling is for fun but people do goes into the opposite ways or methods on how to deal with it.Instead of making it as a fun time, they would really going for making it as a source of income on which they would really be that going into the wrong side of things.

Healthy mindset comes up with healthy approach on things or something which is really that realistic and must thing to be done.You cant really just make things to be on that
way if they arent supposed to be treated up that way in the first place.

i think there is nothing to do between lottery players with good thinking skills because lottery is a game that purely relies on luck 100% but for other gambling games such as slots, sports betting or skill gambling it does require good thinking skills so that the losses you can get don't drastically damage your finances. 

in this world people who are really rich are created because of their good minds, even those who are rich from inheritance are required to have good financial management skills to maintain their wealth.  Likewise when gambling, people who win are those who have the ability to think and control their emotions well.

I must say it is a good though of getting rich and being able to sort all money problem that puts one in a position of a healthy mindset.
Trust me, you may have suffered loss, but what still drives your focus is the passion you have for gambling and the ease at which you can afford the cost of gambling.
With this in mind, if you have a goal you are working towards achieving, the mindset to save any earning irrespective it comes from gambling winnings or not will make you fulfil the goal without stressing out much.

It is different and will not be the same. A rich mindset will make someone try to get money in many ways and will not stop before getting it. But having a rich mindset from gambling will not be able to provide wealth by getting wins because gambling will have defeats that can get at any time.

And if some people have the mindset of getting rich from gambling, it's better for them to change it immediately and look for money elsewhere because gambling is not a place to make money. If you don't want or can't stop gambling to make money, you will only regret it, especially if you have experienced a losing streak that may be very big. You also have to consider the possibility of gambling addiction that can come to you anytime without you knowing it.

You are right. I've seen real examples of my friends being greedy in many ways, not just gambling. They get nothing in the long run. Indeed they can get something for the short term, but in the long term, they will lose and lose something from their life. Those who are never satisfied will always go after what they want when they may not need it now or later. But they care about it because they just want to own it one way or another. And if you are a gambler, you may lose a lot of money due to greed. So it's better to be satisfied with what you get from gambling.

This kind of illustration can be said of a gambler's motivational mindset that he should know if he is in a category. The question is, what do those who enter a casino think, just to play or have fun?
Because other communities here say it is just for a moment's problem, is this a real question? Because we admit it or not the majority of the Crypto Gamblinh players are still hoping to win or get the jackpot somehow.

That is the truth nowadays.People do not enter casinos to have fun except a few cases which consist of less than 0.01% of the total gamblers who enter the casino.This happens simply because nowadays majority of us have a really busy life and have got not much time to lose and as such we enter the casino,be it online or offline with the clear intention of hitting that jackpot or the max win payout in certain slot machines.This cannot change in our time as I said because people have got not much free time to just having some fun in the casinos.

I quite understand the plight of you guys, but one thing I would like you to know is that once greed sets in in gambling, then the remaining story could be catastrophic. This is why we should not be thinking mostly about the big wins with the big odds, the more it's big, the more the risk. It's rather better than we are calculative to the extent that we limit the risk we could take considerably and be accountable for every one of our bets.

This, I've tried before and it helped me manage my betting account effectively. The winning might not be so much, it might be about 20% of what you might have gained with the big odds, but it would be consistent and sustainable.

All that is meant by having fun is a healthy mindset not to focus on jackpots or wins, the fact is that a gambler will become a curious addict when they feel defeated or when their expectations are not met, that's why some say we have to change the mindset not focused on wins and jackpots but playing according to our control to have fun enjoying the game.

Let's just say that the win is a bonus so enjoying the game is the main intention and goal of playing gambling, I know that can be called hypocritical but I believe this method can make us more controlled when we don't achieve our desires then we will stop gambling, because we are already enjoying games and not really getting the jackpot won't be a problem, because from the start we have instilled the mindset to have fun not to make money. maybe this will explain a little about the healthy mindset. wins and jackpots are bonuses

Playing gamble because they are looking for amusement is much better than to become addict gambler. Because while we think about getting the jackpot price, we become more aggressive to play because we don't get it, and we don't even realize that as time goes by we didn't notice that we are heading to become greedy,  because of our focus on getting the jackpot. So I can also say that it is a responsible behavior of a gambler.

First of all, I have to say something. I genuinely never liked the idea of putting money on a table where I can lose all my money which I worked really hard to earn. A lot of people say that all the casinos in the world are designed to take money away from the players. And in the end the house always wins. I don’t know how true that is. But gambling is putting the hard earned money on a table and hope that you get lucky. Of course someone is going to come and say that you need years of experience and skills. But I believe there is definitely luck involved. I know luck is involved in every sport and every aspect of life. But in gambling, you don’t have any control over the outcome.

People who gamble generally cannot control themselves. They win a certain amount of money and they go for more. In the end, they lose more than what they have gained. So, take it as entertainment or regret.

This is closely related to emotional outbursts that arise spontaneously. Recently, there was an interesting story that I heard directly from one of my friends who won a lottery in large numbers if calculated using my country's fiat currency.
At first I didn't believe it, but the day after he told me, my friend brought me to the person he was telling.
He won when he posted at 840. Meanwhile the HK output on July 31, 2023 was 6840 and he showed me directly the results of transactions on a site.

Soon he made a recall and bought a sports car.
What I need to say is that gamblers who forget to save and cash out their winnings depend on the emotional level that arises spontaneously. If it is said that it is a healthy mindset, I am more interested in mentioning conscious thinking in the midst of being unconscious.

To gamble directly at the casino or with friends, I choose to play until the end regardless of whether I win or lose, because besides money, what I'm looking for is fun. If you resign from the game because you have won, I think that's a bad thing that gamblers do, especially if you play gambling with your friends. Because it will be a negative view for you that makes other people reluctant to play with you again. And in my opinion this is something that gambling players need to avoid apart from being a negative view of other people towards you but this can also become a dispute that ends in a fight.

Meanwhile, for online gambling, if I win, I will immediately finish the game and withdraw all the results I get. Unless I get a win but I want to continue playing, what I do is withdraw the initial capital and continue playing from the money generated from the win.

We all have different prioirities in gambling and others main priority is to gain profit even if they don't prioritize competitiveness while others like you made it for fun. Personally, I'm the same. I'm willing to play until the end even if I lose. I remember before that me and my friends are all competitve on playing poker. No one quit until they are eliminated. Honestly, those day were super fun that we all try to wipe each orhers and no hard feelings attached.

You must not think you will become rich through gambling, it's really wrong. Yeah maybe you could hit a jackpot and win a money that worth $1,000,000 by just spending $50 to buy few tickets, but if you're not have a good financial management and maintain your wealth, you will lose all of your money.

You have two options; temporary get rich through gambling or you can gamble all the time after getting rich through other sector.

It is good to go with the second option, because this lets you gamble for fun and not to grow your wealth. When one considers gambling as a source of income, it'll give relaxation for some time period when you're on the winning streak. One cannot expect the same to happen throughout, it lasts till one have the luck. There are people who make regular earning out of gambling, and this is through experience and the earnings doesn't make them rich. It used to be mere amount that gives the satisfaction of win.

I agree with this, and it takes a lot of courage to control oneself to have limits in gambling. Besides enjoying the thrill of the game, you also constantly seek the feeling of winning, keeping you more hooked up in playing and forgetting to set aside a percentage of your winnings.

At the end of the day, you are solely responsible for your life decisions. It all comes down to your root values, principles, and mindset. It depends on these traits how you will help yourself to manage your money and winnings in gambling.

It is much better to not allow gambling to take advantage of you. Instead, push yourself to have limits and discipline, take advantage of your winnings in gambling, and allocate it to other investments with much better use cases and higher assurance of positive inflow. We can say that it is innate in humans to continually seek more in life, but as much as possible, do not let your greediness take over you.

A healthy mindset can only make a person able to manage their finances in a better way so that they don't lose as much money as they normally would if they don't have a healthy mindset to be able to control their minds and have self-control, a healthy mindset cannot make someone successful in gambling because that would require someone to also have good luck and it is very difficult to have your luck favor you all the time when you are gambling.

It is obviously important to have a healthy mindset for whatever you are doing in life, so that you can have self-control and patience because these two are the basic and most important elements needed for someone to keep working on something so that they don't incur losses or at least not a lot of it.

I agree with that. Most gamblers are seeking the lucky shot to earn a lot from gambling by hitting the jackpot. However, I also know some gamblers who go to casinos just to have fun. They don't risk much money but they try multiple games and enjoy themselves especially when they are with a group of gamblers (like a group of friends i meant). Everyone can make time for something,so it doesn't matter if you have time or not; it depends on whether you're in the mood to spend two hours in the casino weekly or not, that's just my opinion.

Right, because most of the time when we play with our closest friends or family it doesn't even seem like gambling but a warm family gathering.
Not all may be like that but I personally with my family always do that because the family also has the same thoughts and frequencies as me so I have no trouble doing a system like this when gambling with family and closest friends.
But again this depends on our family and friends too because usually there are still those who think differently and that is also not wrong because we also cannot impose our will on others.

That's true because every gambler wants to win but forgets that they can't always get a win. And often, they have to feel satisfied after getting a small victory and stop playing gambling immediately rather than running out of money after several rounds of gambling. And if gamblers go to the casinos just for fun, they are really lucky because they can keep themselves from losing a lot of money. But most people will gamble to try to win from various gambling games so that they forget their original goal of just wanting to have fun from gambling games.

What happens with all this is that there are people who do not like to talk about a healthy mentality, or a healthy mind to play in a casino personally, it is something super important to be able to perform in casinos, bet on sports and I believe in any activity that is done in the world, it is true, when talking about games, there is always someone who talks about these strategies, about many things, but if your mind is not healthy I think that things do not turn out very well, and that It's what I know needs to improve, many times a person feels bad and that represses him inside, and that feeling stays there, even though something sounds so tonal, it stays there in our minds like something we can't let go of. and discard so that it does not occupy or make a cloudiness in our brain.

We as gamers, before being gamers we are human, and being human we are too weak in many aspects, and in this case it is very difficult for someone to expose their weaknesses, or not have a sane mind because they can easily mark you as someone weird, or someone who is out of control at some point we have all tried to lose our minds for whatever reason and that can be controlled we are human but we must overcome whatever comes our way because these facts for us then seeing seven types of things or shortcomings in a person, what we should do is quickly help with advice, telling them what is best for that person and not judging, it is normal for some of us to have many problems and we all have their Problems However they can.

A healthy mentality is only achieved when there is prior planning, I am one of those who considers that when you play in a casino you should plan and manage money risks, because the money that is risked in the casino is that , something that can be lost , in fact the easiest way is to lose and not win, for this reason we must always have everything very clear so that there are no strange things, we must always have Control of what is spent , that It is my best advice to maintain a Healthy mentality and not be corrupted by the Game.

even so but someone who goes into gambling just to have fun he also wants to win there no way he would only think about losing, right?
in this case, we know that even if someone goes to gambling just to find entertainment, in the end, very many lose themselves, lose control, risk even more until they do not realize that their money runs out just to have fun, because sometimes people who are too entertained will forget the commitments that have been made. determined.
so gamblers who come to have fun there is no guarantee that they will always be better, but what is better is that they come to gambling with a fairly small budget and do not bring all their savings.

They gamble using real money not play money so it is common that all people who gamble want to win there without exception, and for the statement of entertainment in my opinion it is only for as calming words that will make them become responsible gamblers in doing so with some risks that they will feel in it. Everything starts from an entertainment to fill spare time when stressed or bored and then they will not realize that this gambling has affected their common sense, most cases that occur emotions and greed will control themselves especially when they experience defeat there. Saying gambling is only entertainment in my opinion only applies to people who have limits such as self-control, because obviously if they experience a lot of defeats there, it means that it is not entertainment but a downturn,
how could they consider a big problem as entertainment.

When it comes to gambling I have my own weaknesses and I figured them out because I don't want to make costly mistakes, I fooled myself that I couldn't make any big amount of money from gambling unlike investing money in assets, so I understand that gambling is the highest risk of them all, so I have managed to beat the taste of possible higher hits from gambling so I only try my luck with small money every time, never have I used more than my target for gambling.

You don't need to force yourselves to embrace gambling if you are afraid to lose money while enjoying it.
I was into gambling not just by thinking that is a sort of entertainmentt but also because it gives me a chance to win if got so lucky. But if we consider gambling as another source of income, it is just like we are fooling ourselves.

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@OP, I couldn't think about a healthy mindset with gambling because I'd never see it. Whether you may agree me or not, gambling don't give you earnings but instead, losses. However, the most important is you make yourself enjoyed of what you are doing.

some years ago i heard people from my country saying that money attracts more money, people from my country used this phrase to say that a very rich person who has many businesses that give him a lot of money every day, when he puts money in any thing is more likely to see a return on that money and a lot of profits, being more specific and direct, let's imagine that a very rich person invests $20,000 in a car business, as this very rich person does not depend on that business to live (to pay bills like water , electricity, food ) so all the money that the business is generating this rich person will be saving and with that he will easily be able to see if he made a profit or not

how much was the profit, how much was the cost of operation, but if it was in the case of a poor person who would put 20,000$ in a car dealership, every day that the car dealership generated some money, that poor person would take the money and pay bills and the chances of going bankrupt would be very high. the same thing that happens with gambling, a person who has a lot of business when he puts 100$ for example in a casino and then loses everything and in the same day or the next day that person's business gives him profits of more than 200$ then that person does not go into depression or feel pain from the 100$ he lost at the casino

and if that person wins at the casino and keeps 200$ for example, then that would be more money to play for longer. so where is the mistake that many people make? and not having discipline and good money management. for example if the person knows that he has no business and depends only on a job and at the end of the month when he pays all the bills there is only 50$ for fun and that person wants to play longer, then that person needs to put only 10$ destined for games and if you place sports bets it will be better for that person to place only 2$ per week for bets, with that you will have 4 weeks to bet, when you reach the end of the month, the person puts in another 10$ and by doing this the bankroll grows if the person is winning the games

Someone who gambles just for fun wants to win, but he doesn't think about it too much because the goal of gambling is just to have fun. Those who are only looking for entertainment but instead lose control and suffer big losses should not gamble too often and exercise more self-control before gambling again.

Indeed, there is no guarantee for anyone to be able to win or be better than the others. But people who come just for fun will seek comfort in playing gambling rather than looking for the win because they know getting a win in gambling is not easy. And I agree with gambling using a budget they can afford or with small bets to reduce the number of losses.

I will like to inform you that if you also have the mindset and refused to take action there will be nothing left for you to have at the end of the whole show, many people have won a large amount of money that is good enough for them to remain ever rich and successful in life but later you will discover that they have squandered the whole money back to gambling and wareward life and remain poor instead of them to have taken necessary actions to invest with the money.

yep, because the win does not mean you have to win big but you win in the sense that you can get the money back to do gambling sessions for fun. I mean when someone gambles for entertainment he will still want to win but even if he gets a win he usually won't withdraw these funds but will use them the next day or when he will bet again so he still has a budget for fun.

related to this conversation I remember that if its just betting for fun I think there no need to use real gambling sometimes if I do not have a budget I bet on the android application betting using chips and its just like real gambling and its interesting to entertain myself and this game can be alternative if you do not have the funds to gamble on the site.

That's is life for you, there must always be the foolish ones who certainly doesn't deserve to make it. Money won in gambling I would say it's like a trap set upon the gambling and only few always manage to surpass this setup and most times some people feel too comfortable when they secure a massive win and spends all the money and don't ever boder to think of what the future will be.

I most often get BEP from the amount of money I use, so that's enough for me to feel the win. I believe that one day I can hit the big win, and when it does, maybe I'll just take a break for a while and enjoy the big win money. And that's where we can really enjoy the win by letting go of all the tension while resting and even better while on vacation ;D

Many games use this form of gambling, but we are equipped with chips that we can use to play. And if the chip runs out, maybe we need to reset it to get chips again, and it can also provide entertainment when we don't want to use the money for real gambling. Sometimes I play using demo mode to play and still feel the slot games that I often play, and that is enough to give me satisfaction even though I don't use real money. It depends on how we can entertain ourselves.

When a gambler loses all his assets in one bet after some winnings, at that time he become more upset and that gambler's accumulated winnings are worthless. A gambler must deposit some portion of the winnings. Almost all of us know that emotions cannot always be contained in gambling. Any time a gambler may panicked, he can lose all his wealth. In order to get rid of such undesirable situations, gambler should try to accumulate winning money. Otherwise he may face great challenges in the future.

Unfortunate to see winners became loser because they take a bad decisions on what they are doing, but its still of learning cycle since the gambler who experience that which I believe we also experience that will regret and learn from the mistake he commit. For sure if there's a case that a gambler will win back some huge amount for second time around provably they will not do the same mistake and do good decision so that they can enjoy their money out of gambling.

Understanding the risks before gambling is important so you don't feel annoyed and panicked, gamble with money you can afford to lose, if you don't want to do that you should limit your gambling budget and betting can help you gamble healthier, because with a healthy mindset like that you will avoid addiction also emotions that are not needed in gambling itself, it is true that emotions cannot be restrained but if you want to learn to control them and change the mindset of gambling to have fun it will be more helpful than having a mindset of gambling to win.

A healthy mindset will always protect us from addiction, that's why I have never become an addict because I only play when I want and whenever I gamble, it doesn't have to be all the time, at least being a gambler must be responsible besides maintaining a healthy mindset, always making sure we can control it. know when to gamble and when to gamble.

It’s easy to win in gambling especially if you are more than lucky and have perfected some skills in gambling, but the real challenge is not simply to win but on how to save your profits out from your gambling winnings. That’s when financial management skills becomes crucial so that your profits will never go into waste by gambling it again and then lose instantly in the end.

Setting a budget on the amount you can afford to lose is the first step. If you don’t have spare cash to gamble, then wait for another chance. Gambling should always be an option, not a necessity. That should be your mindset so that you won’t lose a lot in gambling. And once you see profits from gambling, separate your profits from your spare cash. When you lose your cash, call it a day. Go home without worries.

Yes, all gamblers are losers including me because hoping for luck without being able to control themselves makes those who end up losing everything because of insatiable greed. Winning is luck that all gamblers expect and don't be trapped by the lust to keep playing which in the end will get nothing.
and i've been through it too and needed to be aware of it right away and if it happens again and have a win, get up and walk away, that's a smart gambler. And play again after enjoying the winning money.

A wise person always thinks positive thoughts so that he can earn good money in future. Especially those wise people who gamble and have positive thoughts about their future will always want to save money. People who gamble don't get money in the long term but when they win a bet that person can become rich very easily. And if a person who is thinking about how he will become rich in the future is going to bet, then surely he can make his future brighter by gambling. But a person who is not wise, if he gambles and wins the bet, if he loses his bet money again by gambling, he will never have a bright future. Only those people who are mentally strong and can control their emotions will be able to become rich and successful in gambling in the future.

If we are also to go out of the gambling context, you will still discover many people in real life being unable to know how they could handle money the appropriate manner than wasting it, we know how some gambler's kind of lifestyle goes, they don't mind loosing it all today to remain stranded the following day, dont get me wrong because this is not applicable to everyone, but we are dealing with the common occurrence in this manners with the general gamblers mindset.

its the same as you already know when its the right time to stop gambling, enjoy your winnings casually, but do not forget to always save a budget for gambling later, do not withdraw your entire balance. because if not you have to re-deposit using hot money to gamble again because your winning money withdraws everything to have fun with the family.

there is always the option to stop gambling using real money if you already know good self-control to control your finances properly and manage your financial income not to gamble too often so the alternative of using demo mode is also an alternative to avoid waste in gambling.

Excitement is what makes someone forget that he has to secure his profit upon winning those bets. And also being confident that he'll never lose on that day is what stops him from doing it too. Probably we're mentally strong when we're able to cash out and take the profit but I wouldn't say that those that didn't are mentally weak. But it's true that they need to control themselves and forget not that they're gambling for the money and just having fun is just next to it. No matter how hard we try to say that we're gambling for fun, when the profits are there you shouldn't neglect it and don't ruin the fun by losing more and forgetting that you need to take and cash out for a while before continuing.

The pleasure of gambling must also be based on good realism, if fun generates profits, why not. Just need to take advantage of it and continue the fun of gambling with a small amount of money left. That would be better than ignoring it. Sometimes a person forgets to limit how far the fun stops and doesn't take this good opportunity. Self-control was indeed very difficult, it would not be easy for someone who was too greedy and had no future plans.

How is gambling easy when you rely on luck. What is easy is what people win at ease but not what depends on luck because it is not everyone that is lucky. Some people have not been lucky in anything all their lives not because they are not good at what they do.


This is a good idea and advise. Don't always relax because you have been on a winning mode. Safeguard the winnings you have had by setting a budget to play with incase you lose the current game.

Yes, using gambling as fun, it will serve as a surprise and great gift when a big jackpot is won. so it is always better to use gambling as fun with small amounts. Because it is possible to get guaranteed fun in gambling but it is not possible to get guaranteed profit. Gambling with a fresh mind can lead to better gambling outcomes as a fresh mind will always help us a potential prediction . So gambling with a fresh mind will have more winning chances than gambling with panic or emotions

Indeed, gambling, as you have emphasized, with only the money that is surplus and that you can afford to lose, not just lose but really lose without any adverse effects, is the epitome of wisdom, more wisdom in the sense of being wise, in gambling. However, I think it is not entirely correct to say that controlling emotions completely is about changing the mindset to gamble for fun rather than win, even though it can be a little helpful but perhaps not so much.

Because, and here's where it's critical, people can gamble for fun and still want to win and can control emotions, or they might gamble to win and control their emotions. Moreover, gambling with fun could lead to addiction as well because fun is addictive. Maybe, maybe not. Knowing when to gamble and when to gamble, as you said, seems redundant, but then again, it might be more about knowing when to start and when to stop. Must be responsible, indeed, responsible is the key.

If you don't withdraw the money you win in gambling, that money can push you to keep playing. This is why the so-called profit realization is really an incredible detail in this regard. For example, you took a bet of 100 dollars and you won 500 dollars. Your profit from this bet is 400 dollars. In the worst case scenario, we should see $350 of this profit in your pocket and you can withdraw it from your account. You can use the money you get this way to meet a need or otherwise use it as an investment. With the rest of the money, you should still buy bets gradually. When you bet with all of the money, the money you withdraw this time is meaningless. So you can start by trying your luck with half of the remaining 150 dollars.

Left for me i tgink a money well spent attract more money and it's true that the rich people have a better chance of financial support and better chances of winning when it comes to gambling I've noticed that people stand a good chance of winning when they stake very high on smaller odds than staking little of very big odds, for instance a rich man staking $1000  dollar on a 1.50 odd of just 2 games and a poor man staking $10 on 2000 odds of 20- 30 games obviously the rich man stand a good chance of winning and It would take luck for the poor man to win such a game.
 The rich people stand a better chance of winning big because they have the finance to stake high on low risk games and have other streams of income to fall back to for money when they lose a bet, and I've noticed that it's mostly the people that mostly take gambling as a major source of income because most of them have less or no stream of income.

Even if you gamble with a healthy mind, when you lose gambling, it is normal for that healthy mind to be destroyed.  If one's intention is to earn from gambling. and then he unknowingly panics. And after that he gambled with larger amounts to recover his losses and lost them all. So controlling yourself in that situation is the identity of the real gainer.  However, it is not possible for everyone to control themselves at that time, that's why most people are affected by gambling. So if you want to gain from gambling, learning to control yourself is more important than having a healthy mind

Large amount is the red flag in gambling, why would anyone believe that they can recover their losses from gambling? How many times have they won to be courageous about getting their money back? Even if they must try, why are they using large amount of money again? When I see such people I will only burst out with laughter, because they saw the result coming, and they decide to still do it, who's fault it is?

Know when to stop when you keep losing, that's why we must have a dedicated amount for gambling always.

If I keep losing and losing, once that threshold is met I am walking away for another day before I can return to any casino.

The problem with most gamblers is they never learn, everyone lost money to gambling as a beginner but what have you learned? I learnt nothing than saving my head from financial disaster all because I want a sudden change in life, now I learn to use my head.

Yes your point is true and I agree with it because I have proof of it myself.  I was deeply addicted to blackjack first I went there with a healthy mind. And it started giving me a lot of pleasure.  I distinctly remember that I had $1800 worth of bitcoins in one of my wallets.  First I deposit $200 from here to play blackjack and lose them then I invest another $400 and lose again then I panic and invest another $500 and start playing live blackjack unfortunately I lose them too.  I then deposit the remaining $900 to recover all the losses then I have the intention that if I can recover $1800 I will not gamble again.  But then I lost them thus losing my long savings through gambling

That's because we need to manage our gambling time and know when to stop gambling, and never exceed the limits we have set. This needs to be done so we can gamble relaxed, not in a hurry and not trying to chase victory. It will be better for gamblers. They can avoid problems that can arise later because they have good self-control. And saving a budget for gambling is also necessary, but save a budget you can afford. If you win a lot of money, immediately withdraw the winnings and don't continue gambling.

By having good self-control, we will not be tempted by anything and can enjoy the time of gambling so that we will not be wasteful in using the money. It might be hard for the first time, but if we keep doing it and are used to it, we will feel helped by what we do.

it will not be difficult if we understand how gambling works and it will be easier when we are not yet a gambling addict. for example, like you are a bettor but have no signs of addiction and this method can be used to prevent you from becoming addicted. because if you know how gambling works, of course you not let too much of your money go into gambling and always bet small amounts.

To simplify, you have the choice of gambling either for enjoyment or as a way to earn money. These two approaches involve distinct attitudes towards gambling. When you gamble for fun, you don't necessarily have a long-term objective; you focus on the present and relish fortunate moments. Conversely, when gambling serves as a source of income, consistency is crucial to achieve long-term profitability.

In both cases, discipline remains a key requirement, which already explains a lot.

Just do remember that when you're having fun, you don't have to sacrifice things like also making a profit if it's already there. But if you're having fun also forgetting about it and letting it lose when it's already in your firsthand, then that's the type of fun that you're having.

This is true. When the situation is intense and exciting, the gambler forgets why he's gambling and even having fun you have to get hold of yourself and try to remember what you're up to, or else you're going to make your situation worse than the moment when you're having fun. Just do get yourself some reminders when you're not remembering things and limits anymore.

But in reality, gamblers who are too enthusiastic make gambling a place to make a lot of money, even though they don't know what the risks will be. The gambler who wants to get rich overnight places a lot of bets hoping to hit the jackpot, but in the end he loses all his money. this will be dangerous and become addictive. mindset like this will make gamblers always panic and get emotional. I stay away from that mindset and think of gambling more as entertainment.

Healthy mind doesn't have anything to do in losses and certainly will not be destroyed by losses and if you're that kind of gambler that doesn't want losses or worse, cannot handle any losses, then you should not be gambling in the first place because you are not that welcome about what could happen while you are gambling. We should know that there is only two sides of coins, and there could never be three, so before you start anything, be sure to broaden your mind about the possibilities because even if we will go and plan to win, chances are there will be always a lose along the way and we should understand that.

Relying on gambling just to make rich would be a big risk. It's fine to see it as a way to getting huge profit but we can't rely our success on it because if we put too much effort in gaining our target profit here just to get rich, we might end up losing everything. We can have it as a source of entertainment or try our luck on it but we should still find a stable source of income aside from it if our goal is to get rich. It is still important that we know how to put limitations in gambling despite our goal of winning.

Or simply if you are that someone who are really that impulsive when it comes to things then for sure you would really be that easily get that affected whenever you do able to experience up some losses on which it is
really not that recommendable for you to engage up with gambling if you are really that a kind of person on whose you are really that making out those kind of reactions and possible alteration of your actions on the time you would really be able to experience it. Gambling is really just that for fun and you should really be that prepared on speaking about losses which would really come in the way and always have that limit amount that you would really be spending into it and never ever tend to go beyond those lines or borders so that you wont really be finding yourself that on a tough situation because usually people do make out bad decisions on the time that they would really be getting addicted to it. You should know on when to pull out or stop mid way when you are in profits and in speaking about losses then you should know on how you do call it a day and completely stop and dont make up the situation getting more worst. Gambling is for leisure but it turns out that other people do make out that kind of treatment which its the other way around which its not really that recommendable.

Perhaps it was on a lottery that everyone thinks that they can be rich very quickly through gambling. And if that happens then they made their dreams come true. But if we go back to what the OP posted, it is still the mindset that makes the difference here.

And even if we won big, but we have poor mindset, then in just matter of years, those winnings will be gone for good. But if you have a positive mindset that after winning, you know what to do with your money then you will not get broke again, or even you can continue to gamble and enjoy for the rest of your life.

Healthy mindset is very necessary and useful in our daily lives, including if we are involved in gambling. referring to what you said, I think what you said is a normal thing to happen even though we always apply a healthy mindset also have self-control.
let's examine and discuss, gambling will always involve all aspects and all possibilities. In practice when we gamble, our emotions will be involved either in the phase when we gain or vice versa when we experience a losing situation. these emotions, will indirectly affect our psychology.

What the impact will be, will vary greatly depending on how a person is. there are those who are able to control themselves and then end the game because it is no longer fun. there are also those who are unable to think healthily, then get carried away which in the end follows the will of emotions. which in the end, it is not uncommon for us to experience big losses in gambling sessions. even though we actually have self-control and a healthy mindset, there are phases where we get carried away, let alone get carried away by emotions that lead to defeat. This kind of situation, for me, is commonplace if we relate it to human psychology. the point is, stop for a moment when we are in an unfavorable phase. continue or stop, in this phase our healthy mindset and self-control will be tested.

Well, the good news for that is everything can be learned for free so that you will have the right mindset when the time will come to you that you will get rich. I know it's hard to get rich but that's just the tip of the iceberg because the situation will be a lot more difficult than what it is as when the situation is already there, you will have to maintain that wealth and be more stable in life without losing any as much as possible.

This happens because they didn't have the financial background needed to stay rich after they win that large sum of money. If you happen to win a lottery or get in possession of a large sum of money, don't start thinking of how to double the money or invest in things to increase the money.

First thing you have to do is to get financial educated so your decision are made with knowledge of how to handle money or you can hire a financial advisor and he'll help you manage your new wealth but that'll cost you some fees and you won't have the knowledge to yourself.

You can also get the education now that you haven't come in contacted with any large amount of money as I'll be of help in the future when you do get yourself in possession of large sum and instead of wasting or squandering it away, you make good use of the money to uplift yourself.

This is one of the things that they can do if they get a win, trying to think about capitalizing on the win. The fact is that most gamblers will go back to spending their winnings to gamble again, this is very real and indeed I did too. So indeed this is a good step that can be done. Honestly for myself when I get a win the first step I do is think about utilizing the money, I always use it to for example buy things that I need, or travel to tourist attractions. The point is I have to use the money for something other than gambling and I can enjoy myself. Then I also firmly believe that maybe many of them (gamblers) when they get the winnings they want to use it for something more useful for them and not be used again in gambling. It is undeniable that many gamblers get a big win but the money runs out in a short time.
It's hard to keep the money if you're in the habit of gambling because curiosity always drives you to gamble, so using it for other needs can be a good option.

It seems difficult for a gambler to do that, especially if he has won consecutively in gambling. Because of course he thinks that he will not experience defeat on the day he is lucky. And in the event that he has a big win in his balance wallet and if he finds out that he can't take it out, it will cause him annoyance and stress for sure.

So that's often what happens with crypto gambling issues when a large amount of winnings are released. And sometimes I don't understand who is telling the truth.

For those who make gambling to make money, this is a very ridiculous thing and this will be very detrimental for them, they can even spend all their assets on gambling. I agree with you if we think of gambling as a place to seek entertainment, this will benefit us if we experience victory and we can accept it if we experience defeat.

It's no secret that the unexpected concept of luck, which, if I may add, has an impact on everyone equally and without discrimination, is the basis of gambling in its fundamental essence

Not only is it important to comprehend the dynamic, ebb and flow of wins and loses, but it is also, mathematically speaking, lyrical in a way. Gaming responsibly is a skill, dude.  Having fun with the full experience is more important than just the flavor. To emphasize my point, allow me to repeat myself a little bit: always bet responsibly. Then, gamble responsibly. It's a life ability to know when to stop, not just a tactic. Remember, though, that not everyone considers gambling as a form of leisure

Enormous earnings from gambling will definitely make us grow more bigger and desperate to place wagers on games. We have to do what we are able to, because gambling methods differs. I always make references to my risk management before wagering on games. Gambling is never is not an option to generate income, rather we should stick to other alternatives that would gives us steady flow of income. It's very important we have a legitimate and genuine path to make income, extra cash can be produced from gambling activities, that is certain and understandable.

But on average, if someone has started to know gambling, he will experience a gambling addiction again. And even though he is a bettor, he might also experience the same thing because this is a gamble that can make someone go back to gambling easily. But before we become addicted and addicted to gambling, we should be able to feel that we have started to get addicted, so we have to reduce the time we gamble and divert our attention to other things. This is to avoid addiction that can increase at any time, and we can also have good self-control from time to time.

We should have the choice of gambling for fun than gambling for money because the first choice can avoid the desire to try to win. That will be difficult to get because gambling is not designed always to give gamblers a win. And gamblers should also know that they are better off having fun at gambling to release tension after their daily grind so that they can be more productive when they return to their regular activities. And as long as they don't fall into the trap of returning to gambling, they can return whenever they want.

In fact, if managed properly and correctly, people who gamble can earn money and that can be additional income for them. But what's wrong is when gamblers focus too much on their gambling activities and leave other things, even to the point of selling the assets they have just for gambling. If someone has reached this point, his life has been ruined because of gambling.
And because of this a gambler must have good mentality and psychology in order to be able to balance his life and his gambling activities, so that it will not harm him and those around him.

Saving money is a good approach to having  a healthy mentality as a gambler. I know many gamblers that have nit established the habit of saving there money for a better time like using it to open there own business and making money from it. Anytime we have a big win, it is will be wise for us to keep part if it for saving purpose.
 
This will help us even when we are having a bad day, it will remind us that we have some savings somewhere that we can use to fix ourselves. Gambling winnings are not meant for only flexing and carrying bitches for the main time. Keep part for future investment is a trick for better achievement as a cryptocurrency gambler.

If someone positions gambling to get additional income from each bet then you behave badly in handling your gambling activities, the effect will bring all other finances to gambling and you cannot control yourself for every bet that has been placed in gambling. However, if we place gambling only for entertainment then we will not always be active in gambling games but only for betting on sports teams or favorite fighters, they also use the minimum betting funds because they are not aiming to get profit from the bet, they also anticipate losses if the results the bet didn't live up to expectations and they won't regret it if they lose from gambling.

I don't particularly agree with what you're saying but there's some truth to it. You would lose control of yourself and your finances soon as you succumb to the profit-centric mindset when gambling. But if you remained clear of and only ever gamble for the hell of it/entertainment, you best believe you'd be able to enjoy all your gambling shenanigans without stress over losing your money, or losing overall. I've seen people go crazy about losing 300 bucks in one go, can't say I blame them since that's a lot of money in the first place, but had they remained thinking that gambling is nothing but a mere pastime they wouldn't go so far as to bet beyond their means and would've probably just gambled what they think was enough and what they can afford.

I doubt if these people will play gambling for entertainment, they will not be always active in gambling.

That does not make sense since you already mentioned, "entertainment" - which people always want to do.

Playing gambling for entertainment is even more critical compared to those who do gambling with the goal of winning. Gambling for entertainment is not applicable for all, as damn hell, most gamblers won't noticed how much money they are losing now because they do gamble because of entertainment.

After the gambler get huge profit or loss,he will became the uncontrollable person to the gambling.Because of the big win,he use to try the gambling many times using that money.So this may leads to the addiction to the gambling,if he loss the winning money.Then it won't affect the gambler.But if he loss more then the winning,this leads to the loss and gambler get into the big loss.The loss also trigger gambler to the next game.

If we are not ready to have a huge amount of money in our stash, it can also cause the start of our ruin.  There are lots of lotto winners that destroy themselves after winning the jackpot.  It is true that in order to successfully absorb the reality of winning a huge amount of money, one must have a strong mental will, knows financial management, and have self-control in order to avoid indulging oneself to luxurious activities depleting the money won from the lottery.

Gambling and investment is really just that different which means it would really be needing that different approach on which it would really be just that understandable that you would really be needing up to act accordingly
on what you are currently dealing with. If we do speak about gambling then money should really be spent up on the allocated amount that you are putting into.You wont really be minding whether it would lose or win but it would be always that great to see and looks if you do able to hit up some wins but there are people who are really that mindful and sensible that those winnings would really be put up in good use on which it could really be put up on investment and would really be liking on playing safe rather than on playing even more on which this is mostly likely the case or gambler do and this is why regret would be always coming in the end. If you are really that mindful about your finances then you do already have the idea on whats the role of savings, as long you do have the chance on making profits or revenue whether on investment or gambling then you would
be always mindful on saving or allocate a portion of those numbers which are meant to be saved for future use which its a must thing to be done.

that all because online gambling is very easy to access from anywhere so its very easy for someone to continue gambling and its difficult to avoid gambling and on the one hand its related to diverting activities so you do not constantly think about gambling in so many ways, like having a business or side job or something positive. which does not harm other people but can divert our minds not to think too much about gambling. like I myself choose to play video games in my spare time and I think I've said that before.
and it all comes back to each others mindset because everyone has different thoughts and as long as they have a strong determination to live a better and healthier life without gambling its better to have broader thoughts.

It's true. Gamblers lose their winnings because they want to make something extra and a little more than what they won. I am a gambler myself, and I often win double what I deposit. But, most of the time, I want to round the figure. For example, I deposited $20 and won another $20. My balance is $40, but I wanted to round it to $50.

Guess what happens, then. I end up losing them all, including my deposit. We always think we may be able to win a little more, and most of the time, we continue to gamble after having a win. We should have cashed out a portion of the winnings so we don't lose them all.

Because every gambler doesn't have the same mindset, some can control it and some can't control it, that's why it's important to maintain a healthy mindset or at least stay away from gambling itself, but if you still want to gamble, gamble wisely. use a healthy mindset to be able to keep gambling responsibly and not fall out of control to the point of becoming addicted.

It is true that gambling platforms are easily accessible so that we can use our cellphones to play gambling, so it is possible that we can gamble anytime and anywhere, gambling must be able to control the mindset to save money as well and limit the gambling budget so as not to get stuck with unhealthy mindset and make it addictive. always remember the words of wisdom from an old grandfather, we will not be able to beat the dealer at any time so play with a healthy mindset.

No gambler is able to deny these things because there is a huge chance that every gambler has been through this experience and even after experiencing it, they still do the very same thing like there's nothing happened in the past at all. It might be ridiculous to read but this is a fact because as a human being, it is very normal to be greedy. What's not normal is doing nothing to avoid such instances.

That is what I said, we usually overwhelm when we won our first bet and it turns greedy because what is our mind is gonna be our chance to win more and get lose losses in the past. Well, we could say that most gamblers have this kind of behavior but should we have to regret doing this? I guess not because we know this will really happen, it sometimes our greed influences our minds and instead of keeping on the minimum bet, we tried more as we think we are too lucky this day and so the worse thing happens - losses.

Well, I was going to argue with you on generalizing this and even calling it a fact, but I quickly remembered what happened to me last year during the 2022 world cup, and I immediately changed my mind, greed is some kind of emotion I think gamblers cant do without, no matter the type of gambler, whether the gambler be a regular one or an occasional gambler, the results are always the same, the only difference is that, for the regular gambler, he or she stands the chance of dealing with greed almost everyday, in one or two sessions as long as he or she is gambling, but for the occasional gambler, greed only sets in once in a while since they are not very active with gambling.

For example, I am an occasional gambler, and I hardly deal with greed when ever I gamble, but like I said above, my personal experience have taught me that greed can sure possess anybody when ever it comes, but i think with us always being on alert, we can always overcome greed, but then, many of us who are gambler most of the time play while being absent minded, this is why we usually dont know when greed has possessed us, we feel we are still doing the normal thing like before, and before we realize ourselves, money is already gone with the wind.

If someone can control their mind by having other activities, I don't think they will constantly think about gambling and can handle it just fine. But usually, thoughts about gambling will come when we are relaxing or doing nothing so we immediately think about playing gambling while relaxing. It depends on each one because when I'm relaxing, I enjoy my leisure time and don't think about gambling unless I really want to have fun playing gambling, then I'll just gamble right away. I used to play video games often, but it could keep me from playing for a long time, so I stopped playing games and chose to do something else.

Well at some point we have many things in our mentality, sometimes I say that when we enter a casino our mentality is very positive and whenever we start playing at least when we are new, we get quite excited when we play because we only think about playing and That is something that we cannot avoid, but it is good to know that things in a casino are always likely to lose, that is why the best thing I have said is that we have to take the money we have in a casino willing to lose, it is what better, with that it is much healthier to think, the only thing is that I never knew that, I learned everything by myself, that's why the advantage of being in the forum, because here things are talked about, they are said without further ado and the advice is here so that others do not fall into errors that one as a player fell.

If people had in their mind to be a little more realistic, another thing is not to be swayed by emconies because emcoines sometimes play badly with our minds, respectfully we forget the value of money and we begin to bet a lot , and we don't stop much of what we lose but we continue playing, sometimes we have the idea that the things we do are good or that by playing we are going to recover what we have lost, for that reason is that we cannot do more things that are Outside our limits.

When we are playing and we are Winning , things change , but sometimes we have such a good streak that we tell ourselves that we are going to keep winning, that we are very lucky and that we are going to do more and more , so at that time is when we have to have our Mentality much stronger and not let ourselves be carried away by good emotions , because when we have those emotions we Continue Betting and the bad thing is that when the bad streak arrives, well up to that point, it is better to have a strong mentality and be able to have safe Profits , that is You have to get back on time so as not to lose more, because otherwise things Cannot be given More

I totally agree, gambling is not a means of earning regular income. In addition, in case of gaining in gambling the person is generally ambitious to play more and win more which actually causes a much more serious loss compared to the winnings. Although this situation is observed more frequently in individuals who are addicted to gambling, unfortunately, it is observed that every individual who gambles increases the amount of bets especially after making a big profit and accordingly loses more. For this reason, no one should think that they can earn regular income from gambling even if they have earned a regular income from gambling in a very short term. If it is necessary to evaluate gambling as a source of income it would be more accurate to classify gambling earnings as periodic or one-time earnings when combined with the luck factor.

Honestly i don't know how easy this could be but i rarely see gamblers making savings from what they have earned in gambling than spending it all back to gambling and being broke afterwards, why has it been so difficult to save up money with gambling when people win after they would have engage spending much in gambling, is it that most gamblers lack a good savings culture or it's due to their poor background that lacks in such aspect.

In my opinion, it is not normal for humans to repeat the same mistake for the second time. Donkeys never fall in the same hole. are we dumber than a donkey.?

Defeat is a lesson and must be used as evaluation material to improve the next step in gambling games. Knowledge, abilities and skills are what we must improve in every game to continue to increase the chances of winning.
Don't ever think about continuing to wait for luck to come to you because it takes quite a long time. Maybe after you get a big defeat, you will get a win, and even then, it is not certain that the win will cover the losses you have experienced. so continue to improve the quality of your play to pick up victory

Although everyone is not the same, you are right that any time we have other very serious things that get us occupied, it will be very difficult to really get attached to gambling all the time. Rather, every moment of leisure that the person gets, he or she would really want to make good use of that to relax their self instead of going to gamble. While I said everyone is not the same, I heard about a man who rushes off to the casino every evening immediately after he returns from work. Some people just get tired after a long day at work, and all they can do is sit back at home and rest. Also, someone who has a job is the one who can possibly have a good mindset to save from their gambling win. If they don't have any other source of income, they will definitely just put all their hope on their wins, and they will be paying all their bills from anything they win.

yes, indeed even though you have other activities to forget the thought of gambling but when you have free time you still think about gambling it does not matter as long as you have control not to do it. I think if we often do other activities that are more positive we will usually get used to not thinking about other things like gambling because our mindset changes unusually like for example when you have the option to work from morning to night and get home you still have free time and right then and there I think you will not think of gambling. after doing strenuous activities or work, usually a person will prefer to sleep and rest because the next day they are still working and not thinking about anything else.
maybe on working holidays the free time is very long and I think gambling is not a problem because it is only done during holidays from work and uses a smaller budget.
although some people have a different mindset, for me this activity can help a little to avoid gambling at any time.

Yes, you are right in saying that no one in the world of gambling has a steady income from the results of his gambling. I've seen most people who hit a big win betting very little quitting and withdrawing a little money, they are still eager to increase the stakes in hopes of making more profits so they get carried away with their game until they lose. They spend all their winnings because very few gamblers can hold back if they have experienced a win to withdraw their money because they will be very ambitious to win even more.

If someone rushes to the casino every night after he comes home from work, he better realize quickly that his body is tired from working all day and it is time to rest so he can work well tomorrow. He could go to the casinos to gamble, but he could do it on the weekends when he is not busy with all kinds of activities. He can also play gambling from home by using online casinos. And if they put high hopes on gambling while they have no income, it will only cause big problems for them because they will not have any income from gambling and instead will lose all the money.

Someone who has been busy all day and comes home tired will not think about other things, including thinking about gambling, because he needs rest. He will also immediately rest to recover his strength rather than leave the house or go to the casino. And if he is not used to gambling, he also will not try to visit online casinos because his body and mind are too tired to do other activities.

But some still want to take a minute to visit casino sites and play gambling for a while to relax. It was fine as long as that person had good self-control so that he would know how long he could gamble, and after that, he could immediately rest.

      -    You know that sometimes there are other people who, when there is no other way to get money, their solution to get money quickly is gambling in the casino. And most of them are still making it a source of income even though they know it's hard to do that.

They like to throw away or waste money gambling even if they always lose because they think that if they win, they will get back all the losses, which is a wrong method.

Regardless of whether you win or lose by taking small gambles of insignificant amounts, your work is about increasing addiction. The important thing here is not to fall into the void created by gambling. This emptiness includes greed, excessive ambition and addiction. Once you fall here, it will be very difficult to escape. Here are the biggest features that increase your losses. If you say: “I actually always gamble small amounts”. This thinking encourages you to gamble more, and the more you win, the bigger you want to win.

You start to gamble larger amounts with every win and it's only a matter of time before you suffer big losses. It is deceiving yourself. I think that a healthy individual has a strong will. Therefore it is a real situation that gambling in small or large amounts will lead the gambler to addiction after a while. No matter how healthy your mindset is, it is very difficult not to become addicted to gambling.

this is common, because usually players who have become addicts and are overly confident I think they will do this because they will not be able to control their emotions and desire to gamble responsibly, they are more likely not to enjoy their gambling game which is just obsessed win and beat the dealer, even though we all know that the dealer is difficult to beat unless they really want to give us victory.

Addicts should understand that by playing without control and limiting the budget it will be very easy to become trapped as an addict, because if we are already trapped from addiction it will be difficult to stop unless we really run out of money because of gambling and are left by our family maybe we will feel a big loss and finally think about getting out of the addiction without the support of family and friends. the only way to avoid addiction is to change our gambling mindset to be healthier.

That's an intriguing approach to resisting the impulse to gamble by keeping yourself busy. But let's face it, the itch doesn't go away just because someone is busy. It's comparable to seeking junk food when dieting. Even when you're eating a salad, fries are still on your mind

I get what you're saying about working long hours and being too exhausted to even consider gambling when you get home. However, isn't that just dodging the real issue? Taking it head-on is the actual struggle. And buddy, gambling isn't OK just because it's a holiday! Do you want to go broke on a day that is supposed to be spent relaxing? No way

We need to be honest, man. Find more than simply distractions; find healthier outlets

The problem is not many of them remembers that thing. They're all there to gamble and it's not a problem for them to take a rest.

When they're chasing for something, winning or losing or recovering the losses they've made. That minute of visit changes a lot of their perspective and standing for that moment.

Instead of taking a rest, they're becoming full of anguish because they're losing the hard way.

Yes, definitely, there are still people who are gambling and perhaps earning a living from it, but few of such people still have self-control in gambling despite the fact that it's what they are earning their Income from to make their ends meet. But some people also misuse the money they get from their winnings, and they just keep gambling recklessly. Have you imagined a gambler who gambles to pay his house rent and also his child's school fee? Only a few gamblers can have such self-control to realise that despite the money they are wining from gambling, they still need to set aside some money from their winnings for the important stuff in their affairs and for the family.

Some people have good control in gambling and there are some people who cannot control. There are some gamblers who even after winning big money in gambling, they cannot keep the money and they loss the money reserved for their family expenses on gambling. A gambler must visualize his future otherwise he will have nothing but gambling addiction. A gambler must ensure proper use of his money in order to conduct long-term gambling. Otherwise he cannot last long in gambling.

as I said earlier, as long as self-control can be controlled properly, its okay to gamble for a while with a small amount, after that take a break to restore your mind and energy to work the next day. sometimes i do that but in sports betting just predict for a while after that place a bet then i just sleep and the next day i go to the site to see if my bet won or lost.
I could try to take a little time to entertain myself at casino games but I realize that sometimes the emotions at casino games are too great that it causes me to forget the time I should have taken a break so my choice is still on sports betting except when I have a lot of time off I will go to casino games.

the most important thing here, though, is to forget about gambling for a while and access it only during work holidays. Its better when you come home from work, its better not to access or go to the casino. because the initial goal was to forget about gambling, so it was in vain that we went from morning to evening to forget about gambling, but in the end we also gambled when we got home.

After coming from work most of us are tired and I donot think your mood will be to gamble. You would want to sit and relax with our favourite beverage. Generally most working professionals for this same routine. They generally gamble on weekends when you have nothing for entertainment. I personally prefer sports betting as in the weekends we have more scheduled games than the weekdays. For casual entertainment casinos are good but it can give you axiety occassionally.

Financial management can be at risk of being destroyed if they do not have the skills to limit the use of funds in gambling, emotional factors are difficult to control when you are greedy to gamble to increase big profits but they ignore the risk of loss, so they bring more money from the allocation of family expenses to be deposited into gambling, when they will realize it after losing all the money in gambling and regret it will be meaningless.
If you can't manage your finances, consult with friends or relatives who have the skills to improve your financial management. You can also have a personal financial advisor if needed to start new financial management.

I think that gambling does not need any mood.For most of us who are employed like you are referring,we also are not happy with our pay rates and salaries unless we are making six figures yearly,that would be a good pay for stopping gambling activities but since most of us get lower than that then every motivation to win money directly puts us in the mood for achieving this,the easiest way being to gamble.This is a big risk if we cannot control our emotions as what starts as a desire to win more money because we are not getting paid the amount we want can escalate our situation even further for the worse if we keep doing this.Best thing to do in this scenario is to invest the money into some side business (I mean buying crypto and hodling or trading it).

Are you a robot, by any chance? Mood plays a pivotal role when it comes to integrating unfamiliar routines or activities. Engaging in gambling, at times, has the potential to upheave our emotional equilibrium when mismanagement prevails. The situation exacerbates further if one ventures into the gambling realm with a disheveled mood, especially since losses in gambling tend to unleash unbridled behavior.

Mood is a critical factor in the gambling equation. It's imperative to abstain from placing bets when your mood is in disarray. With a positive mood, an individual's state of happiness elevates during gameplay, rendering the act of gambling more delightful and unburdened.

Adrenaline that is generated after winning at gambling always wants to get bigger wins, this mindset very often crosses the minds of gambling players, they will continue to place bets because it is difficult to control their emotions. Gamblers suffer more defeats than wins, not because those who lose never win, but the money earned from wins is never saved to make good management.
Self-control when gambling is very necessary to remind yourself not to get too involved in gambling when you are winning. The victory obtained is only temporary if you are unable to control your emotions, only true winners are able to control emotions when you are in a winning or losing condition.

I agree that the gamblers suffer more defeat than win but that doesn't mean there are no gamblers who have managed their winning very well and made judicious investment with them. The challenge addict gamblers have is that they go back staking when they have made huge jackpot instead of taking a break but if they have someone close who is able to have financial influence over them, they make good management of it. The wife for example who knows that the husband is a chronic addict, he tries to help him save and invest at the time he wins. Of course we know that those who are addict most times are free with money when they hit jackpot so in such cases those close to them do help them in investment incase of scarcity.

Depending on how he gambles, if he can limit his gambling budget he must also limit their losses and wins, at least he knows when to gamble and when to stop gambling, because that is important besides controlling himself when he wins and also setting a healthy mindset to gamble. because with a healthy mindset of course he can play responsibly.

I think there is no real winner, because what we know is that the dealer will always be the winner, at least he knows how to play gambling and make money from gambling besides casino games there are still sports betting and others that have more chances of winning, if at the beginning he knows how to gamble and limiting everything I'm sure he can control his emotions in gambling to keep it under control.

Good point, if they are open with their gambling activities and they are trusting someone close to them to manage their finances that kind of mentality will allow them to make some additional diversions with the money that they won from gambling, though in terms of gambling addicted people that kind of things is hard to pursue as mentioned, they more on keep pushing and trying to win more and end it up losing everything back to the house.

If they don't have such control, meaning to say that they will not think about other things than to keep betting and trying more and the outcome will be the same, losing and regretting why they keep pushing for more.

The persons can also try to do it themselves without involving a friend or relative,I mean the process of diversifying the money,I have started only recently to invest every week part of my weekly salary into buying cryptocurrencies in which I believe in the long term rather than throwing them away into gambling.If I keep doing this every week I would have accumulated a really nice stash of these cryptocurrencies when the time come in the next bull run which can be as early as next year but most probably in 2025.

This also can serve as a purpose as every time we want to get into gambling again we open up our wallet,have a look at our balance and say to ourselves,if I gamble I risk to lose all of this,so it can act as a detainee for our greed.

Yes, that's true because many of these gamblers still want to recover from their losses, so they don't rest even after encountering a big loss. In gambling we should have the thought that gambling is only for entertainment, and if we can get a win, we must rest. Because in addition to calming the mind or lowering emotions, we can also use rest to keep the winning money from losing if we choose to continue gambling. If they think that gambling today is enough and they need to stop immediately, they can reduce the losses that will get bigger. Apart from that, they also have another day to return to gambling. Maybe their lucky day can give them big wins.

Perhaps using sports betting can reduce the tension in gambling because, in sports betting, we can place a bet and leave it until the results come out. And we don't need to do anything and don't gamble in other gambling games because we only place bets on price bets.

But some people still gamble even though they have placed bets on sports betting because they want other entertainment. What needs to be remembered is that we must be able to divide our time between gambling time and time to do other things so that we don't become addicted to gambling. And whatever you use to avoid addiction is something you can do; other people will do the same thing as you but maybe differently.

Let's just make things straight real quick. That losses doesn't equate to defeat. I mean, losing is a normal part of the game, it doesn't mean you are defeated it just simply means you've took a lost and that's it.

It became defeat when you took multiple losses and you as a participant doesn't learn anything from your experience. It's not always a one big pony gambling. Sometimes you got to take day offs to desensitize yourself. Because if you really think of it, winning is far more dangerous than losing.

A gambler should know when to stop whether they are winning or losing. When you are losing constantly, you should stop immediately because you should get the notion that you are not going to win anything at that particular time. And when you are winning, you should stop when you are still in profit because it doesn't take a lot of time for you to gamble away what you've won and also lose a part of your initial bankroll because things escalate quickly in gambling.

So, learning to have some self-control and understanding when to stop are two essentials to have for every gambler if they don't want to keep losing all the time because if you don't know when to stop, the sessions where you might be winning will turn against you and you will eventually lose everything again.

IMO , defeat is not when you have taken multiple losses but when you have given up from playing such game then that could mean that you have been defeated . If you lose multiple games and times but you are keeping hope alive to win and then you keep playing, it means you have not been defeated but you are only recording some losses. Some people record huge loss but because they have not given up they win at their next try. However, it is better to give up and accept defeat when you are not making any profit after along time, that is healthy gambling mindset.

When we enter the world of gambling, it is the same as entering an endless maze game. so when we have entered the world of gambling it will be difficult to find a way out so we can let go of gambling from our lives.

But instead of us just spending time looking for a way out but still stuck there. Never mind.. it's better to just enjoy the game, the important thing is we can control ourselves in gambling as you said "when to play and when to stop". It's hard to do this but easy to say, but if we don't try we'll never know how it will turn out. and it's not about the result but about how the effort you put in can be maximized..? Because the result depends on how much effort you put in.

The loss may occur due to some bad luck in the specific game,but it's not the permanent one.All the loss of the game will give you the gift of experience to the future game.Some people will thought,they will loss money and don't get anything in the return.But the gambling experience we get from the all the loss game.We will learn how to choose the option on the next game from the loss game.Most of the experienced gamblers will not consider loss is the loss.They think it as the experience gain,If you are not feel so you are totally consider gambling as the business.Some times more money winner will get addicted to the gambling.

Any gambler worth their salt knows the thrill of the game, but damn it, there's a fine line between thrill and foolishness

When you're on a losing streak, why dig a deeper hole? You think the universe owes you a win because you've lost so much? Newsflash: It doesn't! And for those riding the high of a winning streak, get real. Just as quickly as Lady Luck smiles at you, she can turn her back and laugh while you lose everything you've worked hard to gain

Every gambler should tattoo this on their forehead: Know. When. To. Stop. It's not just about the skill or the game; it's about mastering your own mind and impulses. Otherwise, you're just another tragic tale waiting to happen

I think you're right. Some people always lose in gambling because they don't have plan. just play, play, bet, bet. If they lose, bet twice
so they can take back what they lost and then after that the money will be gone so fast. Because Winning in gambling is instant and of course you be will lose quickly too. I know gambling it's very easy to win or get money but you should know how to control yourself, control your emotions.

Mindset is very important and powerful when it comes to gambling don't be too greedy
and think wisely and carefully. Always set limitation for yourself

This is the usual emotion of most gamblers, being greedy. That's human nature we can't totally avoid.
But such degree of emotion varies from person to person. Some people are good in handling themselves as they stick to their plans.
It is like, win or lose on the next game, they know they need to stop. Those are gamblers who knows when to stop and hold themselves.
Most of the time, those people are not addicted as they can contain themselves from possible addiction. Not many gamblers can do that.
Thank yourself if you are a gambler who can still contain emotions when it comes to your gambling activities, it means you won't go broke on this game.

Adrenaline can be gotten from different sources and not only through gambling, so this isn't an excuse for gambling excessively. When you over gamble you'll become addicted and addictions is very hard to let go off when it becomes a part of your daily routine.

As a gamblers, you should be saving or investing the rewards you get because you're meant to know that winning for a gambler isn't a fixed outcome. Some days or weeks you mightn't make any profits and when you don't have savings from your previous it'll worry you.

Profits made from gambling should be invested into a business that will give you profits when you're having badluck at gambling and with time you  reduced the resources you spend gambling and make gambling to be a fun and entertaining activity instead to make money.

Which situations would really be varying on each person because we do have different level of will and self control on various situations on which there are people who do able to avoid such addiction or impulsive dealing up with gambling but there are ones who are really that able to fall into such thing just because they cant really be able to control themselves on dealing with gambling. Its true that human beings are

naturally that greedy deep inside. Who doesnt really want or like on having lots of money or gaining it as easy as possible? No one, because we do love money that much and something that is totally relevant.
This is the main motive and reason on why people would really be tending to deal up with something which could really be naturally be able to play even more with gambling even it comes into the
point that its not really that good anymore because of too much spending of money and affecting out their finances.

Gamble for fun and not on making it as a source of income and never ever chase up losses because it would really be just making you desperate. You should really be that careful on what you are dealing with if you dont like on ending up like a disaster.

Yes, I agree with you, everyone should take gambling as an entertaining thing not taking a reliable source of income. Responsible gambling is a thing where gamblers are able to control their emotions, set a limit and they are fully aware of the risk.  Additionally, i also think chasing winning is a dangerous thing, it will make you crazy and you will end up as a gambling addict.  So, i wanna say balancing entertainment with your responsible behavior can help you to avoid the pitfalls of addiction and that's how you could maintain a healthy relationship with gambling.

This is definitely yes, those factors really give huge influences to the path of the gamblers to run for success or not.
It's undeniable that mental readiness with good control coupled with good and wise financial management will really make a gambler get better. It would be a lie if a gambler denied this fact and said that he didn't need it to be successful. because that means he's just lucky, and not everyone can always be lucky all the time. This is also applicable to whatever activities we are running at.

This should ideally be like this. But in fact and sadly many people get into gambling because they are tempted by high hopes of earning money and becoming rich. But what has happened so far is that very few gamblers have been able to make it happen, especially for those who just gamble without any calculations, without any preparation, and especially if they are already addicted.

Everyone has their own reasons for gambling and not everyone can think of gambling as just entertainment. Most of those who come to gambling places expect to get big profits quickly with minimal capital.
Yes, before we enter the world of gambling we should be aware of the risks and the most important thing is to set limits, but i think maybe not many people can do that because it will not be easy when we are already gambling, unconsciously we will enjoy it and feel we have to spend a little more time to be able to win. We will only realize when our money has run out.

It should be the most logical way to do to those big profits achieved in gambling but why it doesn't happen most of the time?

The reason is, that winning experience leads gamblers to think that if that big money can be won in gambling, why should they do a hassle business or investment? Instead of doing such a thing as planning and managing the business, they will instead do gambling and try to chase that winning experience again. That feeling of winning big amount is something gamblers will never forget that's why as much as possible they will pursue it no matter what.

That's the reality of gambling and it really happened to most gamblers.

Yes, not everyone thinks that gambling is just looking for entertainment in their spare time there are even some people who gamble for profit with minimal capital, as you said. If everyone in gambling can set limits on himself of course they do not do gambling as a place to make money for them but only to have fun in their free time.

This doesn't mean that you are not going to end up with a win if you are emotionless, and it's not as hard as you think it is. I believe that we are going to end up with a solution where you could remove the emotions from the equation. Nobody says that you shouldn't have any emotions, we are just saying that do not use your emotions during your gambling and those are very different things. If you can do that then you are going to be doing fine and everything will go properly.

The difference between not having any emotions and having emotions but not using them are major. You should have your emotions but do not use them, that is much easier to do and I have been doing it for many years, I just ignore them.

This makes sense.

Most gamblers tend to be so obsessed with playing because they think it makes them money in an efficient way. Not realizing that they could also lost a big chunk of amount the moment they will follow their poor decision making just to chase the winnings they've tasted during the initial stages of their gambling experience. Gambling and investment are two different things. While they can have some similarities at some point, they aren't really much alike. Gambling is for entertainment and having rewards as some sort of bonus points, meanwhile investment is a form of asset that you can benefit from in the future.

Hence, it's important to discern which weighs the heavier. If you want to have fun, do it, but do not destroy the future you have ahead because of it. You can always do what makes you happy without sacrificing your future. Gambling and investment can both be done too with proper financial management so you won't have to pick only one.

You have a good position in this situation, investing instead of risking your money inside gambling, if you can do that and you can manage yourself, you will harvest the fruit of your success, if you have that good anticipation and a good mind control you can use your spare money not to any form of risk or any form of gambling but doing your investment with a good knowledge and understanding, you may earn decently after.

Using the money in the gambling is not risking the money,because we had a chance of winning from the gambling.It's seems you totally worry about the loss before suggesting others.Practice the gambling with the less money is most essential one.After getting good experience from the gambling,you can do start the high bet in the gambling.Many people start to gamble without learning the food ideology about the gambling.It's like the investing in the random coin in cryptocurrency without understanding the ground reality about the coin and without checking the background verification of the owners.The main purpose of the gambling is to provide the entertainment to the user and many wrongly think it's money making machine.

well, this is what I mean that betting on sports betting is more relaxed unlike casino games which can trigger the hormone dopamine in the brain which will cause adrenaline to increase and anxiety to start appearing after that bad things happen in the long term. so lately I have been avoiding betting games in casinos a little because I think with a budget of $50 if you consistently bet on strong teams and have gone through our analysis the results will be much better and always hold a commitment not to bet on every match but only bet on certain matches only to save our budget and winnings. so our budget is able to bet a few weeks.

regarding some people who still gamble for fun after placing a sports bet, it does not matter as long as betting on casino games uses the money from the sports betting winnings. so budget management for gambling is very important.

That's right, I thought that too. I am a gambler who can be said to be active for casino gambling but for sports betting I have only tried it a few times. After I came here and saw some talk about sports betting, it seems like it makes more sense to do and can save a little budget. I started to find out that these two bets are very different in terms of winning chances, which is where sports betting we can do some analysis like you said that is looking from various sides about the club we will choose and what preparations they have done, if we are sure then by doing so it will indirectly increase our chances of winning in the end. But for casino gambling itself, there is only relying on luck, nothing more than that, whatever analysis or preparation we have prepared such as strategy will have no effect and only waste time. In the end, defeat will continue to dominate in every round and victory will only come if we are really lucky. I will try to learn some sports betting there, it seems more interesting.

You can practice gambling by using demo account to test the waters first without actually burning money. If you aren't knowledgeable about the basics, then chances of you losing is high. Hence, you must understand and get used to the process first. If you can't do it without money involved, then practicing with small amount is the next good idea. You shouldn't start big as your initial bet, never, ever. Don't be greedy thinking you have the beginner's luck because not everyone has the same level of it during first plays or bets. If you want to have some fun, do it without the expense your finances.

Honestly I'm not too sure that gamblers can practice using a demo account, maybe you mean that it's just to practice to get to know more about the features that you have in it and also for example by changing some betting amounts. We have to go back to the healthy thought that gambling is just about luck, even there are also those who do not know about gambling at all but when they try for the first time they immediately get a win. So well in my opinion it is not too appropriate if we use a demo account to practice gambling. Everything will return to the luck of each - each, even someone who is experienced is never missed from the name of defeat even though they already know the various conditions that exist in gambling.
But I agree with what you said that if you want to start playing then start with a small bet amount, do that when you want to gamble and never try with a big bet because it will be very likely that you experience a significant downturn if you lose. 

I believe that we should be considering the situation to be a lot more different and we should be considering it as a big favorite for all of us. If you do it just for entertainment purposes and nothing more, then I guess that it is going to be something that will benefit us all at the same time. I think we should be reconsidering why we gamble if we are losing too much money and upset after we lost it.

Because, if you do not feel enjoyment after a gambling session, then you are not doing it the right way. Many people act as if this is going to be something major or different, but the reality is that we are talking about a situation where it should be helpful towards everyone. And I know that entertainment part of it is great, so we should all focus on that.

That means you have to keep studying the analysis by collecting more data so you can find a team that has the potential to win. And perhaps you can have more luck in getting a big win, especially if you place a bet above $ 3 for one bet. Perhaps I'll try it later, but I'm not sure I can win the bet because I can't collect data on the teams that will compete.

But it is an option that can give us pleasure, and it is okay if we want to try betting on sports betting because it is gambling too. And hopefully, you can get your big win in sports betting.

Gamblers can gamble casually without any addiction or anything and might be able to invest the money that they win into some business or something if it is large enough, but someone who gambles, because they are addicted to it and can't spend one day without it, would obviously not be able to do anything like that with the money but they will be happy that they've got more money that they can use for gambling because that's how their mindset has become.

A normal person would start dreaming of getting a lot of money so that they can start a business, live a luxurious life, and have everything they need or desire in the world, on the other side, an addicted gambler would think that they would gamble with higher bets if they get a lot of money.

There is nothing to be learned or practiced about gambling if you are playing games and not betting on sports events because the results of the games are totally random and there can be no influence on that by you learning about gambling, also, it is not advised to first use less money to practice and then use more money once you practice gambling so that you win more money because the results will still be the same which are totally dependent on your luck.

You are right that the main purpose of gambling is to provide entertainment to the players but unfortunately, a lot of people don't take it that way. Most people nowadays gamble because they want to get a lot of money since they hear success stories from here and there and they think the same can happen to them as well.

The environment and everything that can be seen thanks to games of chance are endless possibilities, we are clear that games of chance, casinos, and sports betting are entertainment and serve to have fun, apart from the fact that you can win money, this It is something that can and should be taken into consideration, for this reason when we are about to start a debate about the effect of casinos and mental health and everything that a player should be clear about, many things, and practically everything will point to control or self-control, from there comes good mental health and above all to remain calm and restrained when you win or lose in a casino, and how not to lose your cool so as not to lose the money you have earned, or The money that we have had to bet, unless something remains so that you can enjoy the game and so if you win, much better.

I have seen that some players earn a lot of money, and the common, average player, the one who plays with little money, because his budget is not enough like that of a millionaire, because sometimes he tries to imitate the millionaire's way of playing, the bad thing It is that the millionaire bets to bet, sometimes he does not even think about what he is doing, he just has money and starts to play, if the gambler starts to copy his ways of playing then he will lose faster, because a millionaire bets a lot of money, and if someone bets like him, because the money will go , I have seen those behaviors.

In the pandemic season, where many people lost their jobs , one of the infallible options to make money was the casinos, and there were many people who signed up for this adventure, to bet some money to do what was not done. at work because they were fired , so many found this experience to be Successful , others did not, others were more indebted and that is what should not be done, thinking that a casino is a bank that will give us money because we bet a lot in it, that's why as I said, my only strategy for all this is to bet little, win little and stay for the day with that win , even if it's little, it's a win.

You need that knowledge and proper understanding of what you are taking, gambling is a risky place for your money if you step on it without knowing or without any basic it's just like throwing your money and not to expect for something in return, though there's luck if permits you may win some and chances that you will keep coming back will take place, better to study and assess if you can control yourself or if you have that good understanding to continue to proceed with your gambling practices.

although  gambling are things that depend mostly on luck, they are divided into 2 groups that are casino games such as dice games, slots and others... they are games that do not matter the strategy that the person use, they depend on luck, what people do is try to minimize losses and achieve a victory that compensates for losses, for example the person may be putting 0.20$ in each section with a very low multiplier and then going to increase the multiplier value and with that, when the person hits the very high multiplier, then that person will be able to earn a lot of money capable of offsetting all losses during that section and in other sections, that person will be in profit,

I don't know if this could be considered a strategy, maybe it could, anyway it's not something that will give you a guaranteed profit, but it can still be better than just playing without planning and not knowing anything about the various multipliers. that's why knowledge is something important even for  gambling that depend on luck, because those same  gambling that depend on luck, behind it involve mathematics in their creation

the other part of gambling has sports betting, which as we know is something that does not depend much on luck, but on the knowledge that people manage to obtain, in sports betting it is very important to obtain the greatest possible knowledge about the sport that is being played. person wants to bet, the league, the team and each coach that makes up the team, know about the last games of the team, how they played against the opponent in the past, what is the strength of the coaches, how each team plays in each and out of home. You don't win in sports betting if you ignore all the data and decide to bet based on luck. for example, someone knows that there is a match between team Y and team Z and that person bets on team Z without doing any analysis, just relying on luck, that person does not hit many bets

There are more games that is just based on pure luck, so it's really hard to make money out of it. Maybe just 1 out 5 days if you try gambling, you are going to lose and have that kind of winning streak. Not saying that you can make money, but it's difficult if you play luck based games.

And then there are games that is based on skills like poker, but still though, the odds might shift to you, but if you are also playing against guy that is better or equal to you, it's going to be very difficult to overcome that odds. Yeah, maybe you have to think positive always, but it might or might not help you in the end.