management of risk and money on gambling

[zodin]

My strategy is simple when I gamble: play within my allotted bankroll, control my emotions, learn the game I am playing inside and out and make only EV+ plays.

yes that is a fact that if you are playing gambling in a planed and you have managed your gambling it will certainly minimize your risk of losing money in gambling.

[dothebeats]

I don't play more than what's in my account. If for example, I deposited 0.1 for this day, that's it. No more following deposits just to chase losses or what. If I profit 0.05 or higher, I immediately withdraw my initial deposit and just keep on playing whatever that's left on my money.

[poplolnman]

I don't play more than what's in my account. If for example, I deposited 0.1 for this day, that's it. No more following deposits just to chase losses or what. If I profit 0.05 or higher, I immediately withdraw my initial deposit and just keep on playing whatever that's left on my money.

this actually about how we stick to the plan and principle in gambling. most of us can't stick to the plan. they just gamble their money like a mad. bankroll management also needed to avoid empty balance in certain period and to keep playing without keep depositing .

[outatime1]

I only gamble with money that I feel I can afford to lose. I think that is what you were getting at in the original post. I also view gambling as entertainment, so if I win, I consider it a bonus.

[stadus]

Risk management is very important in gambling because it is a risky game, I would say that betting in sports betting is the best game in gambling. Setting up a good amount of bankroll for the whole season is necessary in gambling and we should have a proper bankroll management, if you lose your entire bankroll before the season's end then that would mean you are done in betting for the whole season.

In that way, we can control our betting and will minimize our loses.

[JasonXG]

My strategy is simple when I gamble: play within my allotted bankroll, control my emotions, learn the game I am playing inside and out and make only EV+ plays.

yes that is a fact that if you are playing gambling in a planed and you have managed your gambling it will certainly minimize your risk of losing money in gambling.

Also it can make gambeling more of a hobby and more bareable. Easier to maintain and keep careful watch of the funds and where they are going.

[amacar2]

First of all after you start playing casino games it is addictive and hard to leave so one and only strategy i have is to never go through any gambling sites. However even if i like to play sometime, i used to deposit very few bitcoin and play till i loss all and which is quite sure at last. With this i enjoy playing as well as i will also not lost much and whatever i will loss is what i afford to loss.

[bitdumper]

when i was new to this it was hard (actually impossible) for me to control myself you guys can say i was a greedy man who mistook it as a success shortcut but with hard times gone i learned my mistakes and started enjoying my losses and now it is  just a game for fun

[shadobitz]

I also think without management of risk factor it would be much hard to keep into game for long term, because gambling is always suck and people still losing money with hope to get rich or recover their lost money, but losing again just because of their greediness.

[Wendigo]

The simplest way of controlling your gambling habit is to allocate daily/weekly/monthly budgets of Bitcoins specifically for gambling purposes and you should not overspend when you have exhausted your budget for the time being. I usually have cheat days after I have won a lot from parlays for example where I withdraw like 70%-80% of the profit and add the rest to my budget for the month.

[CroSany]

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.

[HammaSan]

I separate an amount of money to play with. When it ends I stop playing. You have to beat the desire to put more money. If you want to play a little search sites that give me satoshis free to play. I have often used the YABTCL.COM. For me it is the most fun and gives me more adrenaline.

[Red-Apple]

managing risk and money for me are the same thing when it comes to gambling. and since they are similar to me, i do a similar thing for both of them it means i have  a set amount of money that i always gamble with and that depends on how much i have earned. then it is time for a strategy. and for that i use different types of strategy for different games in all of them i always have that amount of money in my mind which forces me to be more careful and essentially lose less.

[ethereumhunter]

I don't play more than what's in my account. If for example, I deposited 0.1 for this day, that's it. No more following deposits just to chase losses or what. If I profit 0.05 or higher, I immediately withdraw my initial deposit and just keep on playing whatever that's left on my money.

its a good advice for us and we should do this in every time we want to playing gambling because if one time we have loss all of our money, then we don't have to put another money to continue but its better to us to stop the games and walk away from that place or close the browser and shut down our computer.

[iqlimasyadiqa]

managing risk and money for me are the same thing when it comes to gambling. and since they are similar to me, i do a similar thing for both of them it means i have  a set amount of money that i always gamble with and that depends on how much i have earned. then it is time for a strategy. and for that i use different types of strategy for different games in all of them i always have that amount of money in my mind which forces me to be more careful and essentially lose less.

it is mandatory to play gambling. when we can not do the management of the money we then we could lose all that we have. it is the biggest risk that will be faced by everyone. management is our way to win every game and also benefit.

[michkima]

managing risk and money for me are the same thing when it comes to gambling. and since they are similar to me, i do a similar thing for both of them it means i have  a set amount of money that i always gamble with and that depends on how much i have earned. then it is time for a strategy. and for that i use different types of strategy for different games in all of them i always have that amount of money in my mind which forces me to be more careful and essentially lose less.

it is mandatory to play gambling. when we can not do the management of the money we then we could lose all that we have. it is the biggest risk that will be faced by everyone. management is our way to win every game and also benefit.

Just how do you win every game? Unless you are saying that you will use a martin gale system and assuming that you have unlimited funds. You cant manage your gambling. It's practically impossible. This is a game of chance and statistics would say that you will lose everything after n number of tries. So just play it. If you lose your bank roll, good luck next time. Just don't gamble everything you have.

[Wandering Soul~]

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.

Of course,  Since gambling is not just an ordinary game cause it involves money it is a common thing to manage the risks of it but a lot of people even though they know the risks,  they forgot it when they are too immersed playing the game . This thing happens a lot to me so I'm sticking some sticky notes on the side of the monitor to not forget this when I'm gambling

[socks435]

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.

Of course,  Since gambling is not just an ordinary game cause it involves money it is a common thing to manage the risks of it but a lot of people even though they know the risks,  they forgot it when they are too immersed playing the game . This thing happens a lot to me so I'm sticking some sticky notes on the side of the monitor to not forget this when I'm gambling

Yeah you should manage the risk while you are gamble for your money and yeah it is game for fun if you don't manage it well you will lose a lot in gambling so you should manage your gambling and look for less risk..
Like other gambers are betting in small but they are making a large profit.. but if you choose to bet large you will be lose large but the profit can be increase but it is more risky so it is your own way to manage it.

[FlightyPouch]

Gambling is about losing. So before even thinking of playing it, did you thought what will you lose, do you have enough money to lose? Do you have time to spare to lose your money? You will lose in gambling and that's a given. You will win, yes that's true, but you will lose more than that. Managing your loss is the great way to keep your money when you talk about gambling. Always thought of what you might lose before what you might get.

[FrueGreads]

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.

That is just perfect. With that self control and attitude you will have no problem in gambling, I would just say to add not to go after losses, since they are normal in gambling. And yes I do all those things, when I gamble, otherwise it would be very risky.