If I win a little, I really don't feel any excitement and continue playing. If I win a lot, I usually take the money and run ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Same here, I guess that is what we all do(those who are not addicted to gambling) running away and saving our winnings in our bitcoin wallet and not being greedy all of the times. Being greedy in gambling after you win will just make you disappointed, you will just lose, because it is not Christmas always in the gambling world. I'd rather call it a day and have my winnings than to ask for more, but too risky. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Some people are definitely different. Some people dont want to lose time to gamble that is why they will gamble all the time. They will keep playing either they win or lose. When someone is heavily addicted than they wont think of anything else but to win some money so when they win they are happy but they will keep on playing for more
|
|
|
I always use analysis on gambling because my interest is in e-sport betting, so analysis gave me a great insight, I'm always gathering information about both team track record, play styles, and it has proven me that analysis on gambling is adding the chance of winning the bet, but when things don't go right I give it to luck, well maybe it is not my day
In sportsbetting it may not be really useless but in dice game it will be very useless. Also depends on your motive, if you are like me that only play for fun then there is no use to play with analysis. If we want to get profit then thats it play for profit with analysis but it will not really help as well so I guess that analysis may not be very effective
|
|
|
Its really hard to give up gambling specially when you are gambling for so long and gambling has been part of your daily life. I think you need you need to seek some help or sent your mind on some other activity to in order for you to really let go of your gambling habits.
It is really hard and I could not leave it yet. There are some people that could leave the game easily but some people have been addicted heavily that is why it is hard to leave the game. Im one of those kind of people so for me it is alot more harder than usual which is why I compensate it by playing for fun only so that I dont waste alot of money
|
|
|
Just curious since the last discussion I had was about gambling vs trading. I know trading can seem to be a bit of a gamble as well, but I see it a little bit like poker. It's a combination of math and psychology. Maybe not the same ratio though, just generalizing ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Well you were right I consider trading as a gambling because just like gambling trading is risky yet undpredictable so you ought to gamble if you are going to trade the coin now or not. You could also loss a money in trading like gambling if you are not wise. Furthermore, you also need a little bit of luck in doing trading. It is very risky but at the same time there is nothing that has no risk at all. That is why it is better to choose the one with smaller risk and that is trading but choose gambling if we want to have fun. So that depends on the person as well. If we want to have fun and profit at the same time it is not possible because we need to focus on either one
|
|
|
There are very rare occasion when I win in gambling and its an surprising moment for me to accept the reality that I have actually won something in gambling so it surely gives me excited feeling and makes me happy to know the fact that it added value to my wealth.
I used to feel the same way when I was barely winning any bet but since I joined sports betting it's been a different story because I'm able to gamble and win frequently and has made winning a normal situation and part of me so I hardly celebrate these days even though I feel excited and ecstatic. Yes of course! No one will ever get sad or angry from winning. However, there is no point regretting when you lose since that is what gambling is all about anyway. It is either you lose or win and you cannot always win as long as you are not a wizard that has been given the gift to see the future. So, it is best to be ready for losses as much as winnings at the same time. Some people get sad when they win as well because when they win they dont feel satisfied but they feel that they want more. If someone is feeling like that then he is very addicted and wants to make alot of money. Thats the feeling that happen when you aimed for 2x multiplier but actually you could hit 50x multiplier and you feel bad about it
|
|
|
Well that's good if you will be consistent, you need to be discipline to always follow your game plan because there are times when you feel upset and you get frustrated in the game and that is when you begin to chase your loses, I've tried that and I would not do it again because most likely the result is more loses.
Alot of people is not consistent about setting limit. Sometimes when they are winning they will set some limit when they get enough profit and leave but sometimes when they lose , they will know no limit at all. They will keep playing like there is no tomorrow to chase over what they use and lose. So being consistent is one of the key to set up limit
|
|
|
the invested amount doesn't matter at all as investments are evaluated on ROI. Of course 20% profit from 10k$ is much more than from 10$, but if you have small money, invest small money. You can always use compound interest if you feel like swinging or trading the market. But take into account all the predictions we have for btc in 15-20 years - anywhere between 100k to 1m$ and beyond... so your 10 bucks can very well be worth 170-1700$ in that time and ask yourself if such an investment makes sense...
You are seriously thinking that investment will last forever so that you are really interested in compound interest for a long time? No investment is going to last forever that is why it is better to get only a little bit of money and play it safe. The amount doesnt matter as long as you can afford to lose it then it is fine to go with whatever amount
|
|
|
both have risks. in gambling if you can't control the emotions, then it's the loss you will get. I think in investment risk can be reduced if you understand what you want to invest
The risk is common in both gamble and investment. we can be reduced our loss in gambling by limiting our capital and in investment, we can't predict when the loss will come. Risk in investment is not equal to risk with gambling. If you invest in some promising ICO or just buy some promising altcoin at low price than you can easily make good profit by just holding them for few months. However in gambling you can either multiply your bet amount or you will loss all at one single roll if you turn out to be unlucky. It is risky in both side but with investment we could get money in the long term although it may not be that much. If it is gambling then we could get alot more but remember that gambling is supposed to make us lose. I wouldnt really gamble high amount of money because it is the same as wasting all the money that you could have use as investment what makes people choose to gamble are when they never be patient to get profit and just straight go to casino for instant money , they thought they would always get that but it's just a dream to having profit everytime you place a bet. investment much more better and secure . you won't feel too much regret , but in gambling it's full of regret believe me. The idea about those people who has short patience on their profit is they really wanted a fast profit and not on a expectations that on investments there is always a good future. Many situations can prove that not just gambling as an easy money to think of, but you cannot expect that in gambling you can have a better assurance to win lucky profit always, but reality happens and losing from your bets might be a recurring activity. My advice to those who were into trap of this idea about gambling is they better be back on investments and bitcoin is the only way to give them better profit in the future. gambling are for luck seeker , if you looking for steady profit here then you are in the wrong place , i wouldn't say gambling for entertainment as it won't make you happy whenever you get lost and you did lost most of the times by the way. investment more legit and reliable for sure , you don't have to think twice or consult to an expert. Gambling is also for fun seeker. Some people like me gamble not to get more money but only to have fun. I do admit that it is my addiction that caused me to keep playing but at the same time , I am really having fun. The choice between to gamble or to invest however will still be to invest because it is the best option to get money
|
|
|
Gambling is not for everybody, nothing is wrong with it. If you are gambling for the entertainment value and don't mind losing then you are good. But for people that gamble professionally, they must set strict rules and discipline themselves which isn't easy most times and leads to the gambling mistakes the OP is alluding to.
I agree with it, nothing wrong with gambling but everyone of us are destined into something that's for us. And if we have learned something with gambling it can be for us and it can't be for us. I like those people that are open minded with gambling and never blame it for their misfortune. We are the one that are choosing our paths and if we chose to move with gambling we should be ready for any consequence. That's true , gambling should be played with a cool head and most of the gamblers we have today are just for the money and nothing else and so their greed leads them into committing unforced errors which can potentially transform them in to addicts. Just gamble when you think that you are fine, don't gamble when you are hot headed and yes it's recommended that you should when your head is cool. Don't be like others that when the red days are happening to them, they are even more triggered to push some more bets but in the end they are losing a lot. Being conscious on what you are doing is a good lesson to learn from all those rage bets that we did before. Everyone will say that they are fine and no one is hot headed. That is where things will be going wrong for them. Some people dont notice it but everyone that gamble for profit will mostly be hot headed. There is no way to know things like this but that is definitely a mistake that is why the reasonable way is to play for fun instead
|
|
|
I can say it is really wrong. It should be illegal for poor people to gamble because it doesn't do good to them. It should only allow rich people because it's more of like throwing your money than making profit there. This is very wrong to be treated just as a game and should be treated as a leisure for wealthy people.
It should be illegal for them but it's wrong if the poor people are going to gamble. They should know their status and it's their problem if they are going to gamble while having a lot of difficulties on their status. If I'm on their situation I'm not going to gamble that way because it very impossible for me to move on, I'm already poor chances of winning is small and if I lose that's the mistake that I did. For the rich people throwing bitcoin is so easy because even they lost in the game they were still rich at all. Moreover they were gambled for fun not to have income, while some poor players are using their coins to get the chance to become rich in one click of finger. They believe that if they were lucky they had a chance to become millionaire but it is wrong. Because instead of become rich they will become more poor and sometimes the bad things are they can gain lend money to support their addiction in gambling. They can throw whenever they want and how much they want. There are countries that are basically allowing foreigners or rich people to gamble but the poor ones are exempted to that law because it will just make their lives easier and will be dragging them to poverty. And what you have said is right, the belief and strong feeling that they are rich enough is the one that makes them pursue their goals to keep on gambling which is starting to become wrong. We know that it is their own money but someone with that alot of money shouldnt be throwing money around on the first hand. It is better to spend that money somewhere else. It is not wrong to gamble but for me it is wrong to spend alot of money to gamble. Some people are making money run like water so I couldnt really blame them but I do want to let them know it is wrong to do so
|
|
|
I do not gamble to much but it always seems that when I do, I take the loss big time. For example, I have lost over 3 BTC in the BustaBit game online. It is fun and I like to play but I always get greedy with it. I have won about 2.2 BTC back, but I lost more than what I have won. For some odd reason, I keep coming back over and over. I do not know why I do it, why do you?
The thing is when we lose we always say that it would be the last, we swear to never come back again. However, there is this hope in our mind that is saying tomorrow is another day. We hope and we fill ourselves with thoughts of luck believing that maybe this time we will win it. That's right because it's the person who lost the gamble and want to go on before the money back. and most so if people like to play gambling. that person will be curious with the gamble and still have another hope that he can make win from the games. and no matter how hard he try, he always come back to test his luck and if he don't realize this, then it is hard to stop his pleasure to playing gambling. and i think maybe he can get winning but after he losing for several round but he's chance to recover his money can not be reach with easy. Everyone is curious to gamble because they do want to have some fun. In the same time some people dont really expect to win money but only to have fun so there are alot of reason on why people to come back. Perhaps some people even only want to chat with some guy on the site without any intention of playing or wasting any money
|
|
|
This question is quite interesting because I’ve noticed that when people play poker with play money they play very different from when they play with real money. So, I think this could be extrapolated to gambling in general: people gamble because winning and losing money brings them emotions that they would not feel if no money was involved. Most would still play as a way to pass the time but it would be a different experience.
Atleast I will still play to pass some time because I do have fun when I am playing. For some reason it is the same addiction as when you play game. When you play game, if you dont make any money from it then you will still be able to have some fun. It is the same for me so I would atleast keep playing to have some fun most of the time
|
|
|
I do but in the field of gambling, everything changes and the thing that you only follow is your emotions. I remember that I limit myself for BTC.005 in gambling and if I lose I will stop but after losing and few hours just passed, I kept thinking that I should recover my losses and play again.
If you can't control your emotions than gambling is not for you and you should stop it completely before you lose a lot of money in gambling because there is no way you can recover back your lost money in gambling unless if you're very lucky. You should just think that your spending some money on fun games and don't expect anything but if you win then you should be lucky. In fact in most of gambling game we do not have limit for playing gambling therefore it is too much important to have limit for playing gambling, otherwise one can lose everything they have. The limit is always there for us to set on our own. Alot of people will not set limit because they want to keep playing to get alot of money and when they are satisfied about it then they will stop. If they lose then they will keep playing if they have money and keep trying to get it back. That is why we must set limit for ourselves when to stop anytime
|
|
|
Just want know how much the gamblers who use analysis when play gambling and what kinds of gambling game? And do you think it is needed or not making analysis on gambling game or it is depend on lucky. Thanks for share your opinions and experience.
There are times that I use analysis before I place my bet. Sometimes, I observe first before betting. There will always be that particular scenario where we need luck and we think that the losing side or table brings bad luck. Im not sure if that even helps but Im sure that it wont really help us to win money. It is hard to win money or should I say impossible that is why there is no point to play with intention to get profit. The only thing is to play for fun so that we wont really have to care about losing money or even need to analyze everything when we were playing
|
|
|
Trying to win back the loss is good, but here too one needs to fix the target and limitations. If that's not effective, automatically in the name of recovering the loss the user keeps on spending big ending up in loss. The same might end up the users interest over gambling.
Some people dont have target at all that is why they are ready to lose everything. Sometimes people like that is going to lose alot more then what they expect . Bad things about that is they are not going to regret it at all because all they want is to win or to win back what they have lose. For me that is very frustating for someone to lose alot of money
|
|
|
I feel happy. It is simple. Happy. I do not need to be too excited because It can make me even more depressed when I lose the game
Of course we are happy if we won because another profit that will he saved. But theres a little bit regret because ive lose a lot here and i am trying now to avoid gambling. I believe will not going to make me rich so i hate gambling. Its good that you've come to realize that gambling will not make you rich and will only make you lose your money if you keep doing it. I hope you will not get tempted to gamble again we all know its hard to resist it specially when we are used in doing it. Goodluck on your journey! When we win then the feeling is very pleasant . That is why everyone want to win, everyone want to avoid losing alot of money but that is where everything is wrong. We dont really need to play for profit but we can play for fun. If we play for fun then we dont really have to worry about this thing anymore and it is going to be pleasant feeling as well
|
|
|
These are not exactly same. One is for enjoyment and another one is for making money.
But the thing is, the other one is going at the pace that they are not being an enjoyment but an addiction, a shortcut for being rich and wealthy, that is gambling for them. Trading is for making money so that is obvious that trading is far more better than gambling. both ways will earn you a income but trading is always is better it has less risk involved when losing your funds in gambling you can lose you bankroll really fast and also to recover it it's impossible while for trading as the market is down now you can easily regain in the future You can also recover your losses in gambling quickly with a big win, i don't think it will be fair of we completely ridicule gambling because it can also fetch you some decent money like trading if you're a bit careful because everything associated with gambling is in the instant whereas that of trading is gradual even though both are risky. If trading does take time what's wrong it is still a profit in gambling you are having the risk of losing all of your funds while trading is still a small market there is lot of growth potential in the future so selling at a loss in gambljng isn't possible The major advantage in trading is here we will not get 100% loss, at least we will have a chance to sell our coins at a low price that means something will get at the end of the day. But this is not possible in gambling. We have to get back anything we lost in gambling means we must invest some more money and win our bet or else it is not possible. Yes that is a major advantage but everyone can lose as many money as gambling when they trade if they totally have no clue what they are doing. If we dont know anything about it then for me it will be the same as gambling so there is nothing that can let us get any money at all. In the end everyone is gambling with their money when they trade
|
|
|
The smartest way to play gambling is to realize that you gamble, to understand that you do it for fun and not for earning money.
Once you realize that gambling is a hobby, not a way of earning money, they you are not being in a risk of getting addicted, or losing funds that you couldn't afford losing. Being smart in gambling does not mean to win, it means to "not lose a large amount of money", or to lose money that you planned on losing.
You give us good explanation about play gambling in a smart way. But you know mostly gamblers think in that point of smart way to save ourself from big lose in gambling. We all are trying to save ourself from big lose in gambling, but we face the risk in gambling then sometime we suddenly get lose and can't play gambling in a smart way. But it is right, if we keep in our mind that we play for fun and not for earn money then it is also a smart way. Everyone one will play to make money that means no one is playing to lose there bet right. But those who take there lose easily and move forward they will become a smart player and those who take that serious and play agin to get back there loses they will become an addicted gambler that's it. Everyone want to make money from something that cant give you any money. I have experienced it and lose everything so I know that there is no smart way to make money. The only smart way is to expect that we have limit, if we do so then we dont have to worry about losing alot of money for me atleast that is a smart play
|
|
|
I do not understand how you can analyze a game, for instance roulette? It all depends on luck in my opinion. Maybe I'm wrong, but it is impossible to analyze gambling.
There is no way to analyze the game because it is luck . There is no way to analyze luck, people that say that they could analyze it is probably lying or maybe they think that they have done the right thing but actually they are not. Sometimes when people think like that it only means they win some money and the method is not yet proven
|
|
|
I'm just not a gambler, so stopping is quite easy. To be honest, I'm sorry to lose my money that I earn. Better on this money buy a useful thing.
That means you are not yet heavily addicted like the rest of us. If you have been heavily addicted then leaving the game seems to be hard. I am heavily addicted but atleast I dont really have to worry about losing more than expected anymore because I can control what Im playing. I dont stop to gamble but I stop to play for profit right now
|
|
|
|