management of risk and money on gambling

[chaser15]

Managing the risk involved in gambling is not a big matter, because already people knew it is highly risk. Money management is much important, which I learned from my personal experience of continued loss just because of improper money management.

A wise decision will lead for a succesful money management. What I mean here is, wise betting in every gambling activity. This can't be applied to those games under house edge but can be done in gambling games that needs strategy and knowledge.

It will not lead for a gambler to suffer always win but can able to help them stand up for a long term playing.

[Oilacris]

Managing the risk involved in gambling is not a big matter, because already people knew it is highly risk. Money management is much important, which I learned from my personal experience of continued loss just because of improper money management.

A wise decision will lead for a succesful money management. What I mean here is, wise betting in every gambling activity. This can't be applied to those games under house edge but can be done in gambling games that needs strategy and knowledge.

It will not lead for a gambler to suffer always win but can able to help them stand up for a long term playing.

Wise decisions would really need in order to sustain or prolonged on playing gambling since you could able to manage your funds well and cant able to burn down your bankroll so easily.As you mentioned it will work only on some gambling games that do really need analysis and experience same as you mentioned. It may work for some pure luck based games like dice but not all the times.

[CyberKuro]

Gambling is just for fun and game to me no more, but even if it is just game and for fun i always apply management of risk and money. And i always play gambling with i can lost it. And i don't play gambling every days.
Do you apply same something what i have doing or you are very can not control your self? Share your opinions at here.

I think the most important in gambling management is to control ourselves.
Set certain strategies, not being greedy, and emotional control.
We know to gambling is so risky to lose our money and just bet what we can afford to lose.
No matter how much your bankroll, try to manage 5-10% in every bet.

[serjent05]

Managing the risk involved in gambling is not a big matter, because already people knew it is highly risk. Money management is much important, which I learned from my personal experience of continued loss just because of improper money management.

I think they are both connected.  You cannot manage your money successfully if you failed to manage the risk involved in gambling.  What I am trying to say is, you can get the maximum benefits if you mange to do risj and money management at the same time.  In a scenario where you failed to manage risk, even if you are managing your money well, the probability to lose it is higher than the one tandemed with risk management.

[dunfida]

Managing the risk involved in gambling is not a big matter, because already people knew it is highly risk. Money management is much important, which I learned from my personal experience of continued loss just because of improper money management.

I think they are both connected.  You cannot manage your money successfully if you failed to manage the risk involved in gambling.  What I am trying to say is, you can get the maximum benefits if you mange to do risj and money management at the same time.  In a scenario where you failed to manage risk, even if you are managing your money well, the probability to lose it is higher than the one tandemed with risk management.

They are really both the same and i agree with you if you do aware on the risk you will definitely create up money management and they do really connect and worked together. Managing your funds is considered as managing the risk and we are really aware on the first time we do tend to play gambling.

[eternalgloom]

In my case when i gamble for real money i cant use my own money because i know tricks hoe to gamble for free to earn real money without depositing 1 singe satoshi to some gambling site.

You mean to say you will not use your money to gamble and you know how to earn money from gambling using free money given by sites? If that is what you want to say then I can say that is almost impossible to reach the minimum payout money with those free satoshi's. It is actually wasting our time. I don't worry about the end result but only load small amount play and forget it for next few days or weeks.

If you are playing with those faucet requests from dice sites and having fun while playing, without spending any real money, I don't think it's a complete waste of time.

And you can get minimum payout with that on a lot of dice sites, but usually it just won't be much.
Happened to me a couple of times when I played on Crypto-Games and freebitco.in

[Golftech]

Managing the risk involved in gambling is not a big matter, because already people knew it is highly risk. Money management is much important, which I learned from my personal experience of continued loss just because of improper money management.

I think they are both connected.  You cannot manage your money successfully if you failed to manage the risk involved in gambling.  What I am trying to say is, you can get the maximum benefits if you mange to do risj and money management at the same time.  In a scenario where you failed to manage risk, even if you are managing your money well, the probability to lose it is higher than the one tandemed with risk management.

Correct its a combination thats needed to be use in order for us to win or lessen our loses if we know how to correctly manage our money for sure we will not make some bad things to risk our capital we always need to look for both ways in order to gain profits and to avoid losing big.

[Maslate]

Managing the risk involved in gambling is not a big matter, because already people knew it is highly risk. Money management is much important, which I learned from my personal experience of continued loss just because of improper money management.

I think they are both connected.  You cannot manage your money successfully if you failed to manage the risk involved in gambling.  What I am trying to say is, you can get the maximum benefits if you mange to do risj and money management at the same time.  In a scenario where you failed to manage risk, even if you are managing your money well, the probability to lose it is higher than the one tandemed with risk management.

Correct its a combination thats needed to be use in order for us to win or lessen our loses if we know how to correctly manage our money for sure we will not make some bad things to risk our capital we always need to look for both ways in order to gain profits and to avoid losing big.

Any type of activities that involves risk should be properly manage, hence risk management is created and since we are gambling where most of us are not really treating it seriously but because it's addictive we fall for it. The problem now is since we are not too serious we do not employ method to minimize the risk which resulted us to losing an amount more than we expected, with risk management we can minimize our loses.