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61  Economy / Gambling discussion / Re: How my gambling life started. on: February 11, 2024, 07:04:52 PM
On my end, I fully understand the concept of gambling during middle school but I think I experienced gambling unconsciously when I was younger. Unconscious that it was gambling already, but aware that I am doing things for either a reward or consequence. At my province, I tend to engage with spider fighting activities. It is a fight between you and your opponent's spider. The winner would either take the losing spider if it is still alive or will just be given another spider from opponent's if the one fought will be eaten by mine. It is for me a gambling given that there are two contrasting sides and that there is a consequence with the outcome, and of course risk of losing something on my end. Those things simply characterizes gambling however, things are in the form of money considering amounts,  which creates a difference. I do believe that there are other instances aside from what I have mentioned. Another is rock, paper, and scissors especially if you'd gain from winning. We might have different stories of how we ended up being here in this industry but still, we do engage with the same thing but in different forms.
62  Economy / Gambling discussion / Re: Would you quit gambling for a friend? on: February 11, 2024, 06:24:39 PM
This guy hasn't caused any trouble to his friends but it's a worrying situation to see him waste most of his salary every month... -snip-
You are right but such a situation will destroy his life and his friends slowly. I'm guessing your friend isn't married because you haven't told him about his family at all. But I can say that over time he will become more and more broken and it will impact his relationships with his close relatives and people around him.

I'm worried that he has started trying to get into debt to gamble. You may not mention it here because he hasn't done that but one of the bad effects of gambling addiction is that you will become addicted to debt. What would you do if he tried to owe you money?
Tricky question but it should be a no, and if he insisted or threat you like your friendship is on the line, then things would be wrong on a different level. Your task as a friend, although it is not required, is to guide him/her to better life decisions but still, it depends on the individual whether he would follow your suggestions and advices 'coz we cannot for them anyway. Even if he becomes mad, let him be than to be a part of his potential addiction. And if that's the case, try consulting his family about it and convince them to have your friend be checked by professionals for the betterment of his situation.

But going back to the main question, will he really stop if you won't gamble? 'coz if he's really into gambling, he would still do so  Your act of stopping, will just lessen the engagement but won't guarantee that his friend would do the same thing on times he's just alone. If he's already at that point that he goes that much with his bets, then he's basically problematic of it. Try talking to him in private and make him aware of things if he's not yet. But again, it will depend on him.
63  Economy / Gambling discussion / Re: Another question? Tell me your average amount per bet and your monthly income? on: February 10, 2024, 09:49:00 PM
Specifically for sports betting, my monthly budget is 5-10% of my income, and sometimes I also use income from signatures for gambling. Around $50-$100 is my weekly budget (I always limit it to not exceed $100 for each bet), and if it wins, then next week's sports betting will use the winnings from this week's bet. This means I can save expenses for gambling for the next week.

Some winnings sometimes make me play slot games with a small deposit of only around $10-$20. I still lack confidence in slots until now. So, I only use winnings from sports betting to learn how to play slots. Or perhaps it can't be called learning, but more like testing my luck.
If you will be able to stay discipline as that, you'll likely succeed in sports betting if you have found a method to win. The most important for becoming a successful one is on managing the bankroll effectively, and that requires a lot of discipline. If you could manage a small amount, I'm sure you can also do it with big amount. As long as the size of our bets or total bankroll exposure is only a small percentage of our monthly income, everything should be fine.
Success will never be guaranteed no matter how hard we try. Although bankroll and wagering management would help to achieve efficiency in gambling, success is another thing simply because it varies by definition. If success on your end is becoming rich then for sure it will never be certain in gambling. But if it is being able to enjoy your gambling experience and winning a bit of profit then that's a success to some, including me. On my end, I don't expect that much from gambling given that risk is always present and the only thing which will determine your success is simply fate and luck. I am one of the gamblers who thinks that losing is most often occuring and more likely to happen than with winning. Safeguarding oneself from huge loss is indeed a big leap towards better gambling experience.
64  Economy / Gambling discussion / Re: Focus on how much you may lose and not only the potential win. on: February 10, 2024, 07:20:35 PM
Greed is an enemy to any profit seeker in any line of business and not just in gambling alone do gamblers experience greed emanating in their gambling decisions which is logical to say that any gambler that has been able to control or conquer his greed and feel contented with every amount of win he makes from his bet such a dude has invariably conquered his losing streaks rate. Luck to repeat a win instantly after another win has just been gotten is very hard to happen to a gambler but as greed sets in the mind of the gambler all reality to be considered that he can lose it all get submerged by that greed not until all is lost.
That's why, as gamblers, we must be able to prevent our greed from getting bigger so that we don't fall deeper into gambling. Only by controlling ourselves and others can we prevent our greed from growing so we will not experience even greater money losses. We can be lucky and win but no longer need to gamble and let luck come to us. By controlling ourselves, we can do that so that there is no disappointment because we keep hoping for luck to come. Greed will always be there every time we gamble, but we can prevent it from getting bigger, and when we can prevent it, we can enjoy gambling well and won't be provoked into greed. We can stop ourselves when we win and will not be greedy in hoping for another big win.
You have made very important point here. Greed is the problem of most gamblers with me inclusive. Instead of focusing on the risk one is taking like the OP suggested, many people focus on how much they want to win. This is the reason some people add more games to their selection when the odd is not as big as they expect, most times it is the games they add that will spoil the bet. Assuming the focus is on the risk, it becomes easier to set winning expectations within reasonable limits.
I guess it is a normal thing to have expectancy of profit especially in gambling, also it is not automatically greed. However if you desire of being profitable in the long run we should focus more with preventive measures concerning loss.Having both ideologies of winning and not losing that much is a difficult thing. Higher risk means higher reward, indeed. However there are high profitable games such as with parlays in sportsbetting wherein you can engage less amount that what's ideal due to high odds. Winning might have a low success rate however even if you lose, at least it would be a tolerable amount to majority of gamblers who practice such thing over years. My idea is lack of consistency in gambling. If you won't be winning consistently then same thing will go with losing, right? If you will prioritize aticipating the worse outcome, things won"t be as tough as it is with gambling.
65  Economy / Gambling discussion / Re: Does even freezing a customer's account curb irresponsible gambling? on: February 10, 2024, 06:49:09 PM
There will be reputable casinos who have as their policy the enforcement of responsible gambling. They may not be so rampant but there are. The topic would have been more self explanatory if the OP had listed a few of those casinos that can freeze their customers account on suspicion that they are gambling recklessly.

Casinos that do that are responsible casinos. Because even though the goal is to make money but making money off of the right way and not off of so gambler's silly mistake is no fun. For those who say that the casinos are there to make profit, I want to tell you that neither would they run at a loss if they freeze the account of some gambler who is already showing symptoms of gambling addiction.
Which are those reputable casinos you're mentioning that enforce responsible gambling? Your statement implies that there are, but fail to state which ones they are; it would be useful if you actually mentioned some of them, because I highly doubt that there are any casinos that care whether you're responsible with your money or not. There's no right or wrong way to make money as a casino, when you sign-up on a when you accept their TOS and the possibility of you losing money, you're responsible for your own actions.
I agree. Casinos whether it is online or landbased are simply businesses which would more likely mind getting profit from gamblers than being too concerned of them. I saw some advertisements with certain platforms displaying infographics which points out gambling responsibly however as a user myself, I am not giving that much of attention into it. But mostly, they're not having that much of warnings for their player.

But with the question itself I guess it would only be a buffer to the gambler on his gambling patterns however, a gambler could still find his way with other platforms if he's too eager, as others have said already. But irresponsibility indeed are in many forms. It could be with betting amounts or the time spent whenever he's gambling. But still, such instance won't create that much of an impact with one's gambling habits given that there are alternative ways to do so.
66  Alternate cryptocurrencies / Altcoin Discussion / Re: Are memecoins really important for the crypto market? on: February 09, 2024, 05:26:51 PM
If it is with the mentioned importance, then answer is no. Meme coins are most of the time not having utility and therefore not haaving enough usage to pull investors towards this industry. However, it is a profitable coin as we saw on the previous years such as with SHIB, $PEPE, and more. It just happened to be most of the time manipulated by whales due to high token supply and low market value. Succeeding memetokens are having high market price increase on its listing with different exchangers especially big ones such as Binance. Problem is the fact that not all meme tokens are having the same outcome upon listing so better be careful of going all out. It would be much better to wait for corrections in its price. If I would be asked, I think meme coins are only okay for short term investments.

I have experienced doing some swing trades with meme tokens and fortunately I gained decent profit. However if it is a coin to be advised over major coins, then I doubt of it especially those which are still on price ceilings at this point. A good alternative for me if it is among other altcoins in this industry but not having that much of an impact in general.

I really agree with your statement that meme coins are a short term investment, just like gambling. In my opinion, meme tokens are not worth buying because the risk is very high. This is just hype or a trend, while it is better to buy altcoins than memecoins. I think that's the case. I'm just sharing my view. I am against memecoin because memecoin is not one of the most important in this industry
What do you think?
Not because something is risky, especially in this industry wherein it is a normal thing to be encountered. Memecoin is a pofitable coin to invest if you happen to know how its market price move, if not 100% accurate, at least with price action. Indeed it is risky which makes more sense to say that it is only considerable to those who have experience of price action and volatility. But if it is market impact, then  guess it has no such thing. Coins which are having impact in this industry are major coins in the market simply because demand is more evident unlike with memecoins which are often just manipulated by big investors. As we all know, memecoins has no utility or particular usage. What makes the price moves is the hype created by majority of the investors and that comes randomly.
67  Economy / Economics / Re: Quitting Smoking Has Two Big Benefits. on: February 09, 2024, 04:43:52 PM
At the point you quit smoking, you made three benefits and not just two. Your wife and your children can have better health because breathing in your smoke is more hazardous to them. And because the bitcoin value is looking great this year of the halving, that $90 will be worth more than that.

I tried smoking with friends out of curiosity, I never really liked it. My parents also shared with me the terrible impacts cigarette smoking can bring to the smoker and considerably more to the others who breathe in the smoke. And I am horrified by the photos from health advertisements showing the awful impacts of smoking on the human body.

I didn't see where OP said he smoke in the presence of his family Grin
Addiction is addiction but common sense will be available for a caring dad, I don't think OP will sit and smoke on front of his kids and wife, many Dad's that smoke aren't even proud of it, they do it hidden just to make sure that the kids don't learn about it, the wife might know about it but kids are always not expose. If OP could take this decision to quit, the he must have value his family and his health.

Smoking is just a habit and if you decide to leave it, trust me you will leave it but if you are ready to abandon it, there is nothing will stop you. Even OP, I think it's too early to say he quit, he should have continued saving the money and buy bitcoin and the wait probably a year to share the successful story on how he won against smoking, most people go back even after six months of quitting.
If it is addiction, nothing's easy. It would be fine having a vision of quitting but for sure you will be having a hard time to stop. There's simply obsession and compulsion which are basically components of gambling. Meaning, you are unaware and in no control of all your actions due to the presence of "drive" to gamble. You'd be able to quit indeed but expect inconsistencies along the process. And with the possibility of going back with the unwanted activity, it depends on the individual but for sure there will be differences. I myself is a proof. I was a smoker before and I managed to stop for 3 months straight. I tried smoking again and it really tasted awful which helped me confirm that I am over it already. I also agree with OP's viewpoint on the benefits of quitting a vice. If it is with vices, it is understood to say that things are "too much". Less engagement basically will save you literally money. Health related aspects on the other hand dependsnon how hooked an individual is, basically it will just help to preserve one's health and just stop the exposure as well.
68  Economy / Gambling discussion / Re: Taking a break in gambling on: February 09, 2024, 03:35:18 PM
Doing other things that could occupy my time? Playing basketball, socializing and having a little drink. There are many things you could do to entertain oneself however it is not easily done especially if you are intentionally wanting to stop. There would always be a reason; drive to earn money or you re just used to it. I understand those who are having a hard time taking a pause especially if they're from a huge loss. To be frustrated is just valid and normal simply because that is an unwanted outcome. Same reason why you have to be preventive of betting an amount outside your loss tolerance.

Another struggle is getting used to it. If most of your time is being spent in gambling then for sure it would be hard taking a break just like with quitting smoking. But if you are struggling that much then you are either compulsive or problematic already and you need to consider asking for help. If you find it hard to function on your work or just with your daily life habits, then things should be really managed. Try it with small steps or one at a time. Create intervals between your gambling engagements. You don't have to do it in a instant, sometimes trying is already enough.
69  Economy / Gambling discussion / Re: If I bet big I lose, but if I bet small I win on: February 09, 2024, 02:52:51 PM
That's how you gamble. If you try betting consistently big, would you be able to accept loss by chance? Since you are somewhat in regret of the usual outcome. Also try betting small, would you have assurance that you will continuously win small mounts? You know for sure the answer. Only bet an amount you can afford losing and accept the outcome. Losing is more often occuring and that's what you have to anticipate. Manage the amount you wager, bottomline is lack of assurance.  It is normal to seek profit but never be greedy. If you are winning then celebrate or appreciate your luck 'coz asking for more could just give you bigger loss in the long run. If you are seeking for high returns then engage with games which does not require that much of an amount but with high returns. Winning would be more difficult but at least you wil easily endure the loss and will be more thankful if it happened to be a winning bet.
70  Economy / Gambling discussion / Re: How's problem gambling different from compulsive gambling. on: February 09, 2024, 02:16:41 PM
Is there a difference between the two? both are a bad thing. If you are a problematic gambler, then basically you are distracted of gambling and you're pre-occupied of it. With compulsive gambling, you are not aware that you are gambling "too much". Both things are behaviors you won't wish to have or experience simply because you cannot expect anything less than huge loss. Both are most likely driven by the urge to make profit out of gambling. Quite characterizes frustrations and anxiety from losing multiple times.

You can cite differences when it comes on definition but it will always point out one thing; a situation close to addiction. Imagine not being able to function on a regular basis just because you are feeling that something is missing nd that you have to do it. Upon gambling, given that fact that losing is more common than winning, another problem will be minded by you which is either debt or regrets. Self discipline will always be a must if you value the money you are engaging in this industry.
71  Economy / Gambling discussion / Re: Selling a property to play gamble on: February 07, 2024, 07:45:51 PM
I known people who steal anything they can see, even their families' homes, including money, gold, and even household utensils. anything that they can sold just to buy drugs. Also, gambling addiction makes you make irresponsible decisions that put you and your surroundings in danger.
I have no experience in the field, but I know that a good gambler has a strategy that he follows, he is always aware of all the risks. He knows when to double, when to take a break, and when to stop. He is either the winner or comes out with the least losses. everything has a role, not just luck. .
A person must study his decisions before making them, and if he did he must take the responsibilities , everything has limits
No one knows when is the right time to double your bet, or a way to double their money. Many people are aware that taking a break from gambling after continuous loss is a good thing however not all gamblers could actualize the idea 'coz of their drive to perhaps regain their loss or to get rich quickly. Everyone gets to lose and some gets to win, this is the reality of gambling 'coz if not, many gamblers should be rich by now.

If you are on the extent of selling some of your belongings, then you better worry of yourself. As others have mentioned, properties and things are more likely fruit of your long hours of work. Therefore, would you be okay losing it in an instant? To be frustrated us normal but never allow your emotions play for you. Never wait or even be interested of being one with retired gamblers who made testimonies of how bad gambling ate them. You always have a choice of things.
72  Economy / Gambling discussion / Re: Another Two Category Of Gamblers That We Are Not Aware Of on: February 07, 2024, 06:55:45 PM
I'm pretty sure that I'm none of the two mentioned gambler types because I don't gamble regularly and these characteristics can only be found in gamblers who gamble regularly with no breaks and have been doing it for quite some time already.

I started gambling a few years back, although I was compulsive with my gambling habits at the initial stage, I managed to control myself and my emotions later on and reduced my gambling time and budget which made a great difference in my financial life because I was using a lot of money on gambling.

If I talk about the present time, I gamble sometimes but it's not done regularly, and I don't think I have any of the characteristics mentioned in both categories.
Actually, you'd fall under one category even if you are not gambling daily simply 'coz characteristics under those categories speaks in general. But I don't get the point of determining or placing oneself on what type of a gambler you are. You could be active (action) and addicted to gambling or escape and still be addicted into it. Emotions and habits are there simply because we are humans and something important is on the line which is money. We are also having expectations of our own with the outcome which also contribute with how we will act or feel in every bet. What should matter, no matter what category there is, is to be able to handle the risk in every bet you will make. Keep in mind how gambling works; we are all prone of losing and luck will never be in our control. There will always be a 50:50 ratio of either winning or losing.
73  Economy / Gambling discussion / Re: Have you ever introduced an elder gambler to online betting? on: February 07, 2024, 05:55:28 PM
Well yes, personally to my uncle. I came up with the idea 'coz our family is prohibiting him to be in contact with cigarette or smoking habits, to help him quit it, fortunately he agreed. However, it was one of his concerns on how will he be able to gamble a bit to enjoy his company or time given that in most land based casinos, many people are smoking and drinking even with the local ones. He started to ask me with alternatives since he knows that I do bet as well and that was the time I suggested engaging to online gambling. There are lots to choose from between fiat based and crypto based online gambling platforms. He started with fiat based online casinos but eventually happened to see that I'm in web 3.0 which caused him to ask me.

I opened up and upon getting the idea, he asked for guidance to move in this industry 'coz for him it would be a better idea to win in cryptocurrency due to lower fees and with the possibility of earning more profit from holding a certain coin of his choice. Well, such idea won't work to everyone else especially those who are not in this industry, but he just knows what he want from his bankroll.
74  Economy / Gambling discussion / Re: Rich or poor gambler, who should risk more? on: February 07, 2024, 05:06:59 PM
Who risks more between the rich and the poor when gambling is either of them that gambles the amount that they cannot afford loose, when either of them does this, then they're at more risk to lose their money. Although a rich gambler will stake more money than a poor gambler, and if you're looking at who risks losing more amount of money, then it's the rich gambler, because a poor gambler might not even have that kind of money in his entire savings. If a rich or poor gambler is betting the amount that he can afford to loose, then it's not so much of a risk for him.
I view it the same way.
A rich gambler could lose 80% of a thousand bucks on a single sitting while a poor gambler could lose 80% as well of his hundred bucks on a session. The rich gambler might seem to be handling it better however, things are just the same and will vary on how often either rich or poor bettor, loses. What creates the difference then? For sure that's luck, simply because it doesn't choose anyone who would he, it just happens. A rich gambler is just being overlooked in this comparison simply because of the idea on how much he is getting perhaps on businesses on a daily basis compared to what he is losing in gambling. To conclude, percentage should be the basis in capital-loss ratio.
I think none should. Being wealthy or not does not give someone the right to bet beyond their means. I made this statement because when a gambler realizes how much money they have lost to gambling, they may feel like giving up on life and taking their own life.

Many gamblers have increased their bets above their initial expectations in an attempt to earn anything substantial from gambling. Rich people strive to get richer while they are already wealthy, whereas poor people lose money when they gamble and become poorer in the process.
I agree but everyone has the right to risk more, it is driven by initiative. Question should be, who will risk more and not should. If you lose in gambling, it is you who would suffer and same thing goes with who will celebrate. Now, considering chances and how it usually goes, are you an individual, regardless whether you are poor or not, who will embrace that much of a risk over your tolerance?
75  Alternate cryptocurrencies / Altcoin Discussion / Re: How to avoid getting rugpulled on: February 06, 2024, 07:02:27 PM

I know there are other ways we do fall victim which I think is ok if we share our experience as well but then, how can we bypass this?

1. Check their community: check if their community is active with real humans, not bots

2. How many followers they got

3. How often do they post on social media

4. How many exchanges got them listed? The two qualified exchanges I check, which I have mentioned frequently are Binance and Bitget. These two Cex usually list quality tokens which from my experience I have benefited from


These things are common. Rugppulls are unpredictable simply because you'd only know when it is already happening, and not with when it is coming. Communities, followers, posts, are all things which could be easily done by anyone who has an intention whether it is good or bad. With being listed to exchanges that simply means the token has temporarily succeeded. Bottomline is the difference of rugpull to failing projects. If the project have failed meeting its roadmap or plan then that is because of many factors and not solely because they are a fraud. If the audiences won't be interested to invest then it will be hard for project or token owners to improve their platform. Scams and frauds are just worse; you'd only know they are doing such thing when it already happened. No matter how systemic you are checking these possibilities, they will always do it simply because they are after investors' money. This is also the reason why I just wait for its token release date for leads, more than the long progress of the project itself.
76  Economy / Gambling discussion / Re: Investment in gambling on: February 06, 2024, 05:31:01 PM
To reach a level where betting/gambling is an investment, you need to be very good at it. It will be necessary to carry out a very good analysis of the situation, as well as the investments. That's why it's important to know a lot about the subject so that it becomes a true investment.
Gamblers who has become successful in gambling, they consider it as an investment but for those who are unsuccessful it is still a risky wager game. In investment we get assets but with gambling we got this fifty-fifty chances to get a positive shot. 😅
You have the numbers 50-50 already. Know the definition of gambling first and something won't be automatically an investment just because they are successful of it. Profit potential and presence of risk are not the only factors to consider to tell if an activity or a particular thing is an investment. Is the risk manageable? Will it have a higher market value in the future? Will it give you profit over time? These are somehow present with gambling however there would be no price chart or analysis that could increase the chance of earning profit in gambling. Odds of wining and losing are most of the time equal likewise with the numbers mentioned above.
I think you could consider gambling an investment if you know what you're doing to at least some extent.  If you have no idea what you're doing, I would probably classify it in the same realm as like buying a lotto ticket.  I'm not sure I would consider that investing.  I mean for me, betting on NFL games is really not all that much different than taking a gamble on individual stocks. 
Knowing what you are doing won't be enough. Perhaps with casino games, concepts are simple, will your chace of winning increase? I assure you that it won't. Gambling would only be an investment if you are paying a 'professional' to gamble for you and if there would be a projected profit along the way. In gambling, it happened that even those who won big time, are also losing in some instances; it could be days, weeks, or even for a month or more. That's the difference of gambling over other profitable activities.
77  Economy / Gambling discussion / Re: You can not win if you do not risk on: February 06, 2024, 04:10:11 PM
Yesterday I was inspired by this thread and I thought let's go and try to be lucky and win big.The end result I lost a lot of money by following this behavior and being enthusiastic about it.It was crazy that Play n Go provider took more than 1500 spins,yes you read that right before giving the bonus round in Clash of Camelot slot and what is worse is that gave me exactly 0 money from the bonus round.I felt totally destroyed in the end.
people are too scared of gambling and if you want to make money from gambling you have to be a risk taker and that is how you will enjoy the benefits from gambling. but people saying have a limit I don't think I will want to have a limit in gambling. even as I continue to lose I will continue to gamble. and you losing money is natural because why ui said so is that even without gambling even if it investment you can lose your money at the same time. so we are all risk takers generally either been gambling or another way round you will still lose money so better luck next time.
Taking the risk is different from being too careless and being frustrated. Always manage the risk and there's no need to be too eager of winning; allow things to happen whether it is a win or a lose. Problem that many gamblers are having, are pushing their luck too much. Remember that no matter how hard you wanted things to happen, it won't take place if you are just unlucky. Consider taking a break 'coz opportunities to bet will be always there. If you need to skip a match 'coz of lack of edge between players or teams, then choose to just sit back and enjoy the game. If you are with slot machines and other luck based games, 5 continuous spins without winning any, is a clear sign (for me) to either move to another gambling game or just do things outside online gambling platforms such as your common hobbies that you usually play or engage yourself into. You may continue if you are  uncomfortable skipping but be sure to not allow yourself to gamble that much that it won't be under good tolerance in your pocket.
78  Economy / Gambling discussion / Re: Older men vs Younger boys in gambling, Which enjoys Gambling for fun the more? on: February 06, 2024, 03:02:26 PM
The older forks enjoy gambling more, this is because alot of younger men have so many things to keep them distracted and entertained at the same time, but the older people already have their time spent and at that will be looking for the source of joy, entertainment and were to free the time.
But they both young men and older people, I do not think there is any special provision for gender or age favoritism in gambling
Longer time spent does not mean that you enjoy it more 'coz you could enjoy gambling even with a few hours especially if you are not having that much of a hard time with it. Entertainment is subjective, of course younger people will have more time to spend in gambling than young ones but  younger people has more enthusiasm to enjoy things regardless of the outcome simply because of their mindset that things will be better eventually. For me, the one who losses less are the ones who are really enjoying their time in this industry ad that doesn't concern one's age.  Imagine you are either in your 20s and 60s but you are continuously losing, would you still say that things are still entertaining and fun? In this case I still believe that younger individuals would be having a more fun perspective. And yes I agree that no classification of a person would be a factor when it comes on perspective of gambling for fun, since it is subjective and only dependent to who views it. Some people stresses with loss and yes, there are some who doesn't simply because they have a good mindet; accepting the worse outcome in every bet which is  the tendency of losing, even before the game starts.
79  Economy / Gambling discussion / Re: Gambling mistake repeated by the gamblers on: February 06, 2024, 01:55:19 PM
Being greedy is for sure the biggest and most often committed by gamblers nd I just cannot blame those who are experiencing such challenge. We are all chasing for profit in gambling which deceives and pushes us to go further despite of huge loss. Solution to this is simply self-discipline. However, why are we still struggling? We are all aware of controlling oneself whenever we are gambling however it is hard to impose and actualize to ourselves. If you'd look for an instant result then that's impossible  You may do it one at a time, slowly but surely. Try to set a limit on the amount you would wager and deposit. Avoid staying your funds or extras in your account 'coz there's a tendency to be tempted of using it to play more. Make it a habit as well to take a pause whenever you are feeling unlucky. Winning will never be in our control so better focus on being preventive of huge loss.
It's worth noting that some people become overconfident even after the continuous losing
Are you gambling at all? How can a gambler be losing and be getting overconfidence for his or her losses? That is not possible. What can come the mind of the person is to use martingale strategy to recover his or her losses, but the more you lose the more you increase the amount of money that you are using to bet and that will make the person to be afraid but looking forward to win just one and win in profit.
Maybe he is referring to gambler's will to push his luck and be hoping to get a win or to at least get back with what he lost. Confidence comes in many forms. Not because a gambler is in huge loss, he will easily accept it. Well that's just how gambling works but will never guarantee that you will eventually win, which is the fact that we often disregard.
80  Economy / Gambling discussion / Re: Pay off DEBT by do Gambling? think again before you loss more on: February 05, 2024, 07:30:46 PM
Well, he made his decision to take the risk and there's really nothing wrong with it. What's ideal is to just give the small amount for consideration of where is is in debt with than to gamble and having nothing to even offer. You'd only know things once you are in that position already; imagine if he won his bet, did he still do the wrong thing? Well yes but reactions would change I guess. For sure he knew its possibility but he still gambled his luck and remaining money as his way to pay the debt. Maybe he was left with no other option, even if it is a bad thing to do, he still choice to do things well.

But going back, it is not a good thing to borrow money for such excuses and purposes especially if you know to yourself that you won't have anything left then it is just a gamble of one's luck. There will be interest rate with loan or borrowed money. But never be too confident that he it is his friend's car.
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