Anybody can gamble, but what differentiate an addictive gambler from a responsible gambler is that while an addictive gambler lacks knowledge about how to effectively manage his/her money, failing to know when to start, on the on other hand, a responsible gambler is that who knows that know to start, while knowing fully well that gambling is a luck base game, and as result of that, it's only idea to wager what you can afford to lose at the time of gambling. Hence, let's not forget that skill, knowledge and patience are three key factors that makes or constitutes a responsible gambling.

I would say anything between 0,9% and 5% of one's monthly income would be fair enough. Though, that is highly dependant on the situation of the person and whether that montly income covers all their expenses of the month easily or not. perhaps 5% would be too much in the case we are talking about a millionaire person how keeps businesses running and other assets to spare, on the other hand, with a minimum wage of 400$, we would be talking about 20$ per month, to me that does not sound unreasonable.

I also would like to point out that "spare money" or "pocket money" are very subjective terms. In the same way "money one can afford to lose" is subjective.

Winning is just the aim of gambling and when it is gotten no need to continue to look for more wins because this is just a way of losing everything again. It is not easy to win gamble and whenever one luckily have tha chance of winning it is better to withdraw and spent on yourself wisely. Gambling is unpredicted and it is not wise to use money won in gambling to chase loses to gain more wins, doing this it isvery possible to lose everything. It is better to spend your gambling wins because you can't even tell whenyou will have the chance of winning again. Wins is for enjoyment and not to waste in chasing loses.

In my opinion I would say that the games which play the fastest are the ones that have the highest chance of causing an addiction, after all in a game of poker in which each hand can take minutes to resolve, it is difficult for a person to get addicted to it, and I do not remember any case about a person being addicted to poker making the news, however if the game plays really fast, as it is the case of slots, the chances of a person getting addicted increase, and I am sure we all have seen on the news many examples of people that got addicted to slots and that lost everything.

The first thing that all gamblers must remember is to know, understand and realize that they will not only be able to win in gambling but also very likely to lose. In gambling, it is the casino that creates all the games provided, the players are nothing more than entrants who will try various games with the money they bring to bet, they don't bring anything that can guarantee victory for sure, meaning that all the games provided are for profit, and for the problem of winning it depends on the casino, but the purpose of the casino to create games is to benefit themselves through the losses experienced by gamblers, meaning that nothing else can help gamblers other than luck to bring victory.

However, we can never force ourselves to win, it's nothing more than a gambler's wish and can't change the outcome at the end of the session unless luck comes at the right time. As for the problem of luck, it is something that can never be controlled by humans, or simply put, luck exists and everyone has it but they all never know when they will be lucky, meaning that luck is something that is difficult to get, so obviously if you do manage to win then it is a situation that should be used to cash in on your winnings and not apply greed.

You think differently than most gamblers, I believe. If you ask a regular gambler, even if they are not addicted to gambling, they would say it is difficult to exit when you have lost because your mind keeps telling you that you can recover the money you have lost if you make another deposit, and when you do that and lose the other deposit as well, the same happens again, and this happens until you have no money left at all.

I know stopping when you have won something is also extremely difficult sometimes because you tend to become greedy as a human being, it's our nature, we can't help it, and out of that greed, you may gamble and lose all or some of the profits you have gained and this gets you frustrated to another level because you literally had won some money on top of your deposit and now you have lost your initial deposit as well.

Chasing losses can be destructive, there is no doubt about that, and I'm sure that the guy didn't start his bets with $12,000 as his first base bet but he probably reached that point by chasing smaller losses first because for someone having $400k as their total net worth wouldn't start betting with $12,000 which is 3% of the total amount and only a multi-millionaire can do that.

I'm also pretty sure they were very anxious and having mixed emotions when they placed that $12,000, hoping that they might win this one and recover everything they have lost so far and exit with a relief but he failed and that is what happens in gambling, the results of your bets are usually the opposite of your expectations and hopes.

It's a very good strategy, I don't really apply it much and I think that's why sometimes my loss rate increases, personally sometimes I'm a bit lazy to do it, but with you it's like the 2nd person who says something similar, so that's a great sign of what should be done, because I've Always thought that when we're playing the RTP should be very good and that it can benefit us at all times, even Similar to what the house edge does, but that's not the case, you have to do things right and keep Changing the game to see better results, I think the effort is not too much.

But no country allows gambling businesses near educational institutions if there is this rule, it is certain that students will be influenced by gambling because of the close radius that is easily accessible to them, this rule may be tightened again so that no one enforces it.

I don't think this will be better, but at least we don't agree with it because it is negative.

Imagine a casino near an educational institution, what happens to the students of that institution, because not all students are good there must be acquaintances where they will go to the casino.

Risk is gambling is same with risk in trading most especially if you are trading on either deravatives or leverage trading where your entire equity could get liquidated because at a point you have to make the decision either to avoid greed and take profits no matter how little it is instead of using high leverage.


 Gambler's most time believe that the higher they risk, the better and quicker they are to making the desired big hit, this greed characteristic have made many to lose substantial amount because the house will always be at advantage against the gambler that is why one should gamble only the amount you are ready to lose.

Honestly, marrying a gambling-addicted person is really bad because his wife may hardly get any rest of mind due to the problems he maybe causing around every day. One thing about a gambling-addicted person is that they are liars and can do anything possible just to have the opportunity to gamble all the time. Let's just imagine what happens according to the story. How will a gambler use the money they want to use for a wedding? If someone uses the money intended for a wedding for gambling, it is very possible they can use any money to gamble. It shows that this kind of person will hardly have time to take care of their family.

Well, that's simple, as you said, the main point is that a gambler can never ask for a win or try to bring about a win by whatever means they have or that they believe in because in the end there is nothing else that can lead them to win other than luck. came at the right time.

This means that this is why gambling does not make sense as a place to make money, because there is no element of consistency in an activity that depends on luck, and as has been proven, winning always happens occasionally and by chance, where sometimes even though we don't expect to win but the victory came naturally as I experienced it. So of course it is better to focus on risk management, such as prioritizing yourself to implement various plans that lead to prevention, because in gambling, winning depends on luck, but bad impacts such as losing significant amounts depend on how a gambler treats his gambling activities.

People trying to look for ways to beat the system have come to deploy known strategies such as martingale, d'alembert, reverse d'alembert and others. And yet, no single strategy can beat the house because these strategies are also relying on luck. It may work for certain period, but if you failed to get out, you will find out that your bankroll will slowly be depleted.

Most or I would say all casinos now have the betting history and records of your bets inside their platform, this feature is very important in all casinos and would show you detailed betting information for last 6 months or more. Usually most gamblers are using different casinos at the same time, so all you have to do is calculating the total amount from all the casinos. I really suggest for anyone to keep record on your gambling bets and activity, for a main reason which is monitoring your activities to control them.
Personally, I have even recorded video clips on my bets, especially higher stake bets, eventually, having a total statement about that would happen you adjust it much easier. Mostly, you would see how much did you spend and how much you could withdraw from gambling.

But I lost a lot of money, and that's something that made me feel really bad at the time, in fact I felt all that, the adrenaline, the hopes of winning, then the exception, something that left me trapped in the impression of losing money, and that wasn't just once, but many times, when I was a newbie I made all the mistakes you can make, chasing losses of everything, but then thanks to those mistakes and getting hit hard by the casino system, I learned that there are things that shouldn't and can't be changed, I realized that skills aren't everything, but there's more to it, luck is what determines everything and that money is what we should take care of the most and not risk too much.

It is very dangerous for poor players to lose their last money, because they may not have enough to eat after these games. This indicates that the risk was taken incorrectly; it was excessively exceeded. Before playing, they don’t think that they will lose and this is the biggest mistake, why everyone always thinks that they will win, this is not the correct thinking of the players, on the contrary, they should prepare for the worst case scenario for themselves, so that later they do not have to look for a way out after the fact.

The rich can afford to lose, but they will not cross the line after which they will have nothing to eat, because their assets are basically distributed and in order to achieve them they will need to make requests to banks or sell real estate, and this will take days and weeks, which allow them to cool down and stop this action.

Yes there is no preparation whatsoever that leads to limitations regarding the budget before gambling, the majority of them only have the intention of playing and depositing the amount of money they want which sometimes there is always the idea of ​​trying to allocate a larger amount than usual with the mindset of "maybe with a large amount I can be lucky," meaning anything a gambler can think about, especially those who only see gambling in terms of the chance of winning.

On the other hand, whether you want to implement restrictions on the amount of budget for gambling or not is actually up to you, because the point is that as long as you can manage and control yourself in gambling activities then of course you will be able to avoid bad impacts such as losing money. in large quantities. This means that it is useless if from the start you set the budget you want to allocate but it turns out that you do not have the ability to control yourself, especially when you experience a loss, then in the end you will still end up depositing money again to gamble and chase losses. This is in accordance with your approach to gambling, and the point is that as long as you can control it well according to your abilities then of course you will avoid bad possibilities.

We definitely need to set ourselves a limit on what we can spend on gambling. After all, this affects not only the conscious perception of the game, but also the unconscious thinking. And then the style of play changes, and the gambler behaves much more carefully in the casino or betting. And at the same time, there is an amazing property: the player begins to receive more emotions.
This is because the gambler expects to receive a certain amount of emotions for a certain amount of his deposit. And if such a limit is not set, then the gambler's feelings are mixed. Part of his mind understands that he can play for a long time, losing all the money. And it shouldn't be like that.