management of risk and money on gambling

[TheGodFather]

well my management on my money when it comes on gambling is simple i dont usually play with a high amount of bets im starting in alow amout when i can get it grow my winnings become my capital and begin to start betting with a high amount because i dont care its only my money after i won with a low amount and now im using my winnings to win more with a bigger prize ofcourse i need to control my self when the flow of the game dont match with my mood. and lastly we must have a luck in order to win

[klf]

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.

[JANGKRIK BOSS]

When we were very excited when the gamble, then surely we are already very risky for the poor. best risk management when we gamble is to make gambling as pleasure alone, so when we win or lose not being addict but get the fun.

[bajing]

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 have tried and it was very difficult to expected that's way will working well at least you would be in violation of management that you apply when you faced lost much money for gambling.

[milewilda]

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 have tried and it was very difficult to expected that's way will working well at least you would be in violation of management that you apply when you faced lost much money for gambling.

Its really an easy thing to say to someone regarding on playing gambling some useful tips and for money management but in the reality its really hard to do when you are in the middle of the game. Emotions would arise and if you are a sensible person you should really not treat gambling as a profit machine.

[sulendra12]

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.

It's not completely waste your time , it was happened with me a while ago I could withdraw my money from faucet amount maybe I was lucky on that day. Beside that you can get free money from (Rain chat , faucet , or promotion) so you can get decent amount from it.

[RealPhotoshoper]

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.

It's not completely waste your time , it was happened with me a while ago I could withdraw my money from faucet amount maybe I was lucky on that day. Beside that you can get free money from (Rain chat , faucet , or promotion) so you can get decent amount from it.

it was not wasting time but really bad idea to rely on something like free money to start gamble.
you guys prefer to find something else that can provide you a better entertainment .
managing gamble to keep always in profit is as hard as controlling your emotion.

[doomistake]

Yes, it is important to have self-discipline in gambling and on every things that we do in our life. Every time that I do gambling there is just an amount of money that I am going to spend and if that amount of money all gone, then it just mean that I have to stop gambling and try another day. Gambling is very addicting game and if you are not going to control yourself on playing it, you might lose all you bitcoin or money.

[mrkevio]

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.

It's not completely waste your time , it was happened with me a while ago I could withdraw my money from faucet amount maybe I was lucky on that day. Beside that you can get free money from (Rain chat , faucet , or promotion) so you can get decent amount from it.

it was not wasting time but really bad idea to rely on something like free money to start gamble.
you guys prefer to find something else that can provide you a better entertainment .
managing gamble to keep always in profit is as hard as controlling your emotion.

Not really.. I have played with free money most of the time and got +0.1BTC in profit. It took a while, but I got myself entertained and there aren't many times I deposited some money to gamble so I didn't risk much. Now I quit gambling and I feel better, but getting some extra pocket money didn't bother me

[Ecxz]

Money management is a very important thing when it comes to gambling. "You only play with the amount that you can lose" that's how I think about gambling I have limits and I know if I'm losing I need to stop and just try again another time. Gambling is a very addictive thing if you don't know how to discipline and control yourself.

[adi33]

Although gambling is only used having fun. but many people are not able to control the emotions and passions of their rasp. because when he was gambling with the intention of having fun. if he has a lot to lose bitcoin he would do to restore the bitcoin. otherwise if you win a lot maybe he will not be satisfied

[Blitzboy]

Although gambling is only used having fun. but many people are not able to control the emotions and passions of their rasp. because when he was gambling with the intention of having fun. if he has a lot to lose bitcoin he would do to restore the bitcoin. otherwise if you win a lot maybe he will not be satisfied

Management of risk and money in gambling can be considered as the hardest thing to do. That's why there are too many people are not able to control their feelings and their behaviors while gambling. However, I do not think the majority of players gamble just only for fun. Gambling for fun does not make your money disappear. Only when gambling for profit will they lose the money.

[machinek20]

In gambling you really need to pay attention to your money management, most of the gambler become bankrupt because their money management is not good, they dont know when to stop when they lose and it is really important to stay calm and control your emotion when you gamble, remember gamble is not for chasing profit, it is for fun only

[marcuslong]

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.

Gambling isn't not just for fun but aiming to win profit if you are going to play with your money then why to go gambling ? When you are going to lost why not to go super market and play it with the games there and earn tickets don't always manage to risj your money you will suffer that in the end.

[tabas]

In gambling you really need to pay attention to your money management, most of the gambler become bankrupt because their money management is not good, they dont know when to stop when they lose and it is really important to stay calm and control your emotion when you gamble, remember gamble is not for chasing profit, it is for fun only

That's a popular scenario almost to all gamblers that is why upon playing or before gambling. You need to set up on how much you are going to allocate with your game. For example, if you are in dicing. Just simply set a limit on how much is your affordable to lose, set it like 0.005 BTC / day. It depends on your capacity.

[Kasabus]

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's what you call risk management in actual business, and you can also apply it in gambling when you are treating gambling like a business. With risk management you are going to make a level of tolerance for your gambling activities, from the word risk management you already recognize that gambling is a risky thing so with your aim to make profit, you are going to minimize your loses as well if ever you will not succeed.

[juyeoul69]

Bankroll management is key to a pokerplayer, now whether you can take that to the shitty gambling games you guys play is another story. i wouldn't entertain it personally.

[michkima]

Bankroll management is key to a pokerplayer, now whether you can take that to the shitty gambling games you guys play is another story. i wouldn't entertain it personally.

Yes true. It's all about the bank roll in every gambling game. If you lose that bank roll it's time to walk away and come back another day. The rule I follow is to only lose what you can afford to lose then if I do lose it, I just walk out and don't look back. It's just about playing the game without any emotional attachment to it. Just play it and don't try to get back what you lost.

[serjent05]

Bankroll management is key to a pokerplayer, now whether you can take that to the shitty gambling games you guys play is another story. i wouldn't entertain it personally.

Yes true. It's all about the bank roll in every gambling game. If you lose that bank roll it's time to walk away and come back another day. The rule I follow is to only lose what you can afford to lose then if I do lose it, I just walk out and don't look back. It's just about playing the game without any emotional attachment to it. Just play it and don't try to get back what you lost.

Management bankroll is not only leaving when your bankroll is depleted.  It should be an overall management.  As for me I manage my bankroll thru

1.  Know where would my bankroll come from.  It is always a good thing if you can get your bankroll for free but that is very hard.  People that are into faucet is doing it right but the hardway.  You can also use what you ca afford to lose from your money but never use money that is used for the family budget like groceries, bills, students allowance etc.
2.  When you are winning save the bankroll fund and continue playing with the profit as your initial bankroll.  This way even if you lose you still have your initial bankroll and can play again the next day.  Do not push it too hard.  You should be contented.  You were entertained for free.
3.  If you are winning, quit.  this is the best way to book a profit.
4.  Be calm and never let your emotion controls you while playing in gambling games.  You will be pre-occupied and will lose tracts of events and even lose your strategy.  At the end you will end up losing more.

[romero121]

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.