I have noticed so many players are just gambling for the sake of profits only. But majority of them loses most of the games eventually as they are not smart players.
So how should we gamble in a smart way so that we do not get more frustrations due to continuous losses?
Well the smart way is to not gamble at all, if your purpose is to earn. In gambling, the risk is usually 50/50. But some games are designed where in the player will pretty much loose. The chances of loosing is greater. That's the reason why the gambling operators earn a lot. So the thinking is that gambling should be just for fun and entertainment. And you only bet the money you can afford to loose. The bolded one does not make sense in relation to what OP wanted to know or here since you are avoiding gambling and not playing it. So the reply is somehow out of context. Anyway, smart way would be planning ahead. You should know when and how to quit. Allocate your bankroll and manage it. Do not let your emotion take over and keep track of your time and bets. If you aim to have fun, then have fun and ignore winning or losing. And if your intention is to win then quit while you are in a winning streak. Planning ahed what amount of money to use and when to stop is the best smart play that someone can use when they gamble. This is the only thing that could prevent us from losing everything. I dont think that there is any way better as we cant get money from gambling but we can atleast save some money so that we dont lose everything |
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Sad to say I am part of the majority who loses more than win more , I tried many ways to profit from it and used different gambling methods just to win a game/bet but in the end I always lose that's why I stop gambling for a while and focus more on savings
Trust me mate, most people have always been in that category and the crazy part is this huge impulse of trying to recover that just overwhelms you and you end up losing more. It is good that you have stopped for a while and trying to recover your losses via other means which to me is the best way to go about it and if you are coming back to gamble it, just know it is another way of probably coming back to give to the society. Gambling is about being crazy and waste our time trying to get alot of money. In the other hand we know that we cant get alot from gambling but yet we will still try. In my opinion there is even no way to be getting money at all. It is not about winning or losing but about having fun so that we wont waste everything but atleast we could still have fun |
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Yes, Trading is one type of gambling but when compared to gambling it has low risk. In trading, some time prediction work and we can make some good amount of money but in gambling, the prediction will not work always.
Talking about the risk, it depends on the traders. For some people with less knowledge about trading then it has high risk as well. Trading can be considered as gambling or not, people have their own opinion. Some may say it is the same as gambling because prediction is involved like sports betting but some others may say trading is not gambling because it is not 100% based on luck. Trading and gambling are risky, both are at risk but not all of those at risk can be called gambling, gambling is a game, a game cashed out, meaning gambling is a game we play on the condition that we have to place a bet in advance to double the money, while trading also risky but trading is not a game. It is risky at the same time but more chance to get money from trading. I dont think that we should just leave both be as they are risky because there are nothing that has no risk right. So we choose the one with less risk although for some people that has no trading knowledge will just eventually make trading looks like gambling for them |
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Losses are always tough to swallow, but any "gambler" who knows his stuff and sticks to his rules, won't lose sleep over some losses, because he knows he can beat the market longterm. He won't even chase losses. He will just believe in himself and his system and grind along.
We want to win some money when we play that is why we hate to lose. If we play for money then it is going to be everything that we think about. If we play for fun then we are not going to bother that. Either if we win or lose, we dont really care because the purpose that we play is to have some fun. Atleast that is what my experience taught me |
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be careful because it ruin your life. maybe change in bad way and vice versa.
Alot of people know that it ruined us already but we will still keep playing. That is what it called as being addicted. If we are addicted then it will be hard for us to let it go. If we cant let things go then it will become a habit. In the end it is going to ruin us very bad. I was ruined and fortunately for me I realized my mistake already and now Im playing only for fun |
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When do you stop? Do you have a daily limit or something?
When the time I was a beginner I used to gamble to earn profit and I set up a limit of thrice a week. However, I realize that earning through gambling is futile because instead of winning I always lose hence, I set up my mind that I will never gamble agin because there's no benefit I could get here. Gambling for profit is always the first mistake of every newbie to gambling. Every newbie should understand that gambling is fun and it is always more like you are paying some money to have such fun and how much you pay depend on how huge you want to go and how long you want to keep playing the game. Earning from gambling is a mindset that has pushed so many people to become a gambling addict while trying to push their luck so many times. Earning from gambling is a dream that we all have when we started gambling for the first time. If we had already started gambling for the first time then the reason for that is to win alot of money. Everyone share the same dream until they realized that they cant win and lose everything already, I did the same thing when I first started as well |
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The first reason i gamble to have fun, in my spare time.
And the second reason to make a profit even though i sometimes experience losses in gambling.
I'm sure everyone has the same thoughts as me.
Do not ever think that gambling as a livelihood because it can make us stress when experiencing a very big defeat.
Yep you are correct, living off of gambling is extremely stressful. Once it's going good and you are keeping up with whatever limits you have set it's amazing but then when you have 2months of losses.. it sucks. I've been there and would never recommend anyone to try it, it's hell on earth basically. There is no way to live of gambling because sooner or later we are going to lose. Sometimes people are very lucky to win all those money from gambling and dont even need to work anymore. Sometimes people like that exist however it is not for everyone to take so I think that most people should just play for fun instead of playing for profit |
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If you already earned a nice profit and stopped playing then I would say that you are gambling in a smart way. But if you are referring to a play where you will think smart so you will always win, that is very impossible. I've seen strategies on forums and blogs and tried it but it don't work as always.
because gambling is a luck base games so even you have a lots of strategies it wont work everyday and perhaps maybe you will lose the most and that's why those who quits as early as they can are the one who played smartly. Strategies are even overhyped. Strategies are only there to probably help you maximize your chances of at least winning which you are not even in control of as tables can turn on red for you so many times. So, no matter the strategy, just know you are liable to lose all you have and that will help you to make decisions while moving further and help you accept fast once you actually ended up losing. Sometimes thats what makes people believe it. If they dont believe it then it wont be hyped. I believe that there are no strategy that is going to help us that is why it is useless except that we set up limit. It is smart to set up limit , it is not going to hurt us but atleast it will keep our money safe even if we are using all of those strategies |
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If you are a trader and if you are motivated, go for calculated risks, it will make you money but in gambling - you are always on the high risk of losing, so Trading is always better than Gambling.
For some people this is right but some people always think that their decision is the best. So I dont really want to call which one is better or not because it depends on the people as well. If you think that you can make it from trading then go ahead . For some people that dont know how to trade, things are the same as gambling atleast for them |
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The only thing I learned in gambling is there's no forever earning income when you gambled. Even you have a trick or none, I truly experience that, because lastly I was continues wining in rolling of dice but after an hour I was my earn was dissolve immediately due to continues losing in my bet. I think when moderator detect that you win high amount, maybe they can manipulate it to stop wining straight of your account
Thats a good lesson as starting lesson that you should learn. I dont think that there will be anymore valuable lesson then this one. If we dont learn that we cant be getting money from gambling then we will keep gambling for profit that means forever we will be bounded and cant get out of it. I couldnt get out of it but atleast I dont really need to worry about getting profit or not anymore |
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Yes, Trading is one type of gambling but when compared to gambling it has low risk. In trading, some time prediction work and we can make some good amount of money but in gambling, the prediction will not work always.
Talking about the risk, it depends on the traders. For some people with less knowledge about trading then it has high risk as well. Trading can be considered as gambling or not, people have their own opinion. Some may say it is the same as gambling because prediction is involved like sports betting but some others may say trading is not gambling because it is not 100% based on luck. Some people with no skill in trading or even some knowledge is just going to make trading looks like a gambling. If we have nothing that will let us know where the market is going to lie then it is the same as staking our wager on gambling table and hope that we win . At some point there is no different that gambling and could be considered the same |
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Experience is really matter on some type of gambling like poker, blackjack and sportsbook. If you just bet random on this type of gambling, you will lose easily for sure but there are also many type of gambling that no need experience at all.
Experience gives you the advantage on the games that you have mentioned, but not in all the games you could apply the experience for you to win most of the time, because the luck still play the biggest role in gambling against the house. Also experience could help you to minimize your losses, in short you know how to control yourself because you knew that if you are not going to control yourself, you are going to lose all of your money on gambling. I just don't see how could experience give you an advantage in blackjack. I mean, there are set of rules that you should be playing at, and even in this set of rules you are losing at the long run to the house. The only I could be thinking is that if the house is playing blackjack with one deck, if you are counting cards then you are having a slightly advantage over the house, and that's also the only way to make money off blackjack betting. Unfortunately there are no house that will play blackjack with only 1 deck. If they do then they are going to shuffle it everytime we have dealt the card. The house is not going to give us advantage. I dont really expect any house to give advantage to the player but we know that this kind of thing is happening once in a while through some bonus |
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Make a plan when to stop so you will not end victim of greed. Setting a specific amount to spend for will really help you decide when to stop, when you think you hit your target profit then stop gambling and enjoy your profit. This is the best thing that you can do when you are gambling.
And if you don't hit your target profit and just keep on losing, better stop it or else you'll lose all your money. And I do agree with you. You should stop when you reach your target profit, don't be so greedy. Being greedy will let you lose your profit and everything you have. Thats true mate,greediness is the main reason why some gamblers become so addicted on gambling. You should set a limit to your self when to stop. Discipline your self to stop when its time to stop. Just put in your mind that the money you are wasting is your hard earned money. Always remember that only gamble what you can afford to lose. At first it will be greediness but some player come back because they want to keep playing. Not because we are greedy but we simply enjoy playing. That is all but we know when to stop playing especially when we already lose alot of money. Thats the difference between playing for fun and for profit, we dont really care about the result and we know when to stop Yeah some players comes back because they want to have fun and want to be entertained specially those addicted one they don't look for money anymore the only thing they want is the satisfaction they can get when they gamble. Winning is just a bonus for them I think. I come back because I want to be entertained and also it is really hard for me to get out of my addiction. That is why I choose to keep playing, although I cant afford to play for profit because it is going to ruin my badly. I choose to play for fun so that I could keep playing without worrying either I win or lose or even that if I lose everything |
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I've just gamble occassionally and mostly I am just doing sports betting , I am proud to say that I have more win the lose because I only bet with the team that I think will win especially on NBA , since I've been a fan since I was a kid I always have this feeling who was gonna win and most of the time I am correct
The feeling of winning is indeed a great feeling but if we only care about profit then we are going to be stressed. It is better for us to only play for fun so that we dont have to worry about this kind of thing. Too much worrying about it is useless because we know that we cant win in gamble so there is really no point to do that. Whatever we do , we will lose |
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Not much lessons learned from a gamble before a defeat, but certainly emotional that sometimes leads us to defeat even in this gambling is very influential on the concentration when gambling, and of course if this can be applied in real life to always be able to Control emotions in every step activity on this journey of life might be better.
Some certain things can be learned depending if we want to learn it or not. Some people choose not to learn it because they think that there is nothing for them to learn. If we look closely we could learn how to stop and when to stop. If we choose to stop then it will be a valuable lesson for us in real life or even the next time we gamble |
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It is a good strategy to set a stop loss. If you keep on gambling and chasing lost bets/money, your losses would compound.
It's a good way to control yourself if you don't want to loss a lot. And out of it also you can have the minimal loss that you can take so if you are a gambler that is setting up limit to yourself when you gamble then you are doing it in the right way. Because there are some gamblers that doesn't know how to set up limit and in the end they are losing a lot of money as they gamble. Not only a good way but probably the best way that anyone could make of. If we dont set any limit at all then it will be hard for us, we probably couldnt control our action because we are heavily addicted . IF we set limit then even if we are addicted then probably we are not going to lose more than wht we have already set before we play |
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Gambling is strictly conected with luck and requires less skill than trading. Trading requires money mnagement,good strategy,emotion control etc.In gambling you can addict to games and fall to "gambler's fallacy". Trading is much more better option than blindly throwing away your money in gambling.
Trading is really better than gambling on any aspects for me because you will surely in control of the money you have and you have your trading plan every time you trade. On gambling you are really just depending on luck, yes you are having fun with it but if you do this most of the time you will be addict until you play with greed. Trading and gambling are both profitable but you must know your priority. our chances is wide open in trading and we can make profit but of course we need to do research and analyze first so we can found the right coins. but in gambling, although we have skills and experience, then our chance is not wide than trading and soon we can lose much of money. so i think trading will have big chance to us than playing gambling no matter in the short term or long term. The chances are better but some people dont want to trade because it is hard to trade. Some people prefer to gamble because it is easier and less effort is needed to gamble. We can win alot more given that we are lucky. Im not really a lucky guy that is why I prefer to trade although my opinion is still prefer with gambling site investment because it is much better |
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Experience helps, but being experienced doesn't mean you are a winning player. I know a lot of people, who are well experienced, but fail to win anything long-term.
My Top5 for becoming a winning player (I am talking sportsbetting and Poker, the rest are losing games anyway):
- Understanding the concept of value
- Follow strict moneymanagement
- Specialising on a certain/league/game
- Having the right mindset, motivation, dedication
- Never stop learning, these are fast moving markets
If you can prove that this winning strategy is going to work then alot of people will follow your way. Either way anyone is free to express their opinion but I think that it is useless to play for profit with all those effort we are still going to lose. That is why the best method is to play for fun so that we dont really have to worry about winning or losing anymore |
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Pick your website for betting with the biggest welcome bonus
Nice advertising strategy.  But if you aren't new in that casino anymore your goal to gamble in a smart way isn't applicable anymore because the bonus is already done and you can't the welcoming bonus anymore. The smart way to gamble is to know that you are ready to gamble and you have been prepared on any consequences that you may be getting through when you gamble, it's either win or loss. If I remember correctly some people told me that welcome bonus and all bonus is not really going to help us win. It will lock our deposit so we will be forced to spend time in the site. If we play long enough then we might be able to withdraw it if there is anything left to withdraw. I havent win anything either playing normally or with bonus so that idea is wrong |
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I already forgot my loses and winnings but I am sure that I am more on lose that win..oh well that's gambling! I learned my lessons and I stayed away in gambling for awhile now.
With the exception of those who win the jackpot, most of the gamblers are mostly on the negative side when their gambling history is completely audited. just like yourself, I only gamble when i have at least an 80% chance of winning. That is just the truth. However, we overlook this a lot and always utilize the little we have profited forgetting how much we have lost. If you ask me, there is no way I have seen that gambling can give you at least 80% chances of winning and if that had been happening, so many of the gambling sites today would have gone down, even poker that seems a bit of luck and little calculations still balls down to huge luck. So, it is more like 50:50. Sometimes I even feel the winning chances are lesser. Except sports betting no other games will give us this type of opportunity to make money in gambling. Suppose if they allow this percentage as you said no one casino would stand for a long time. According to me, there is no 50-50 chance also if we have the luck we will win or else only house will win. The chance might be 50 % but we know that the longer we play, the more we are at disadvantage because we cant win in the long term. If we cant win at all then there is no point to play for profit. If we play for fun then that would be another story for us but to play for profit and lose is not really what I do right now. This shouldnt be done by every player as well |
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