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Author Topic: Do you set up limits for yourself?  (Read 16573 times)
jamyr
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October 17, 2017, 04:12:52 AM
 #981

You need to be able to set limits else it will likely end up bad.

Well anything excessive is always bad. That maybe in gambling or in activities or things in life.

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October 17, 2017, 05:08:32 AM
 #982

I don't gamble but if I did I would never gamble more than 0.1 BTC... so thats like thousands of satoshis...and when I lose them all I will be depressed ... until the next morning lol
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October 17, 2017, 06:32:59 AM
 #983

Yes. And this is the best way keep you from being addicted to gambling. Gambling becomes addicting when you exceed your limit and even borrow from others or sell your properties.

Gambling is fun. But you always have to be responsible and be aware that it can really be addictive. In my case, the allotted limit for gamling will already be considered an expense. That means that it is a money that I can really afford to loose for that momeny.
The best way of not becoming a gambling addict is to not play it even if I will play it in limits with a small affordable amount but it will become my routine. For instance, if I gamble at every weekend, then after some time I will start feeling like gambling on the same day of the week but the best thing about this method is I won't get hurt and that is the most important thing.
Just try to limit your gambling frequency , make it as an occasional entertainment.
People too naive to consider gambling as a source of making money , it won't happened.
The odds is too great to beat , the house edge built for casino advantage . Do limit yourself now and stay on the line.
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October 17, 2017, 07:42:19 AM
 #984

I have a principle not to lose more than fifty dollars per month in gambling. So for me, fifty dollars is the limit that I myself appointed.
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October 17, 2017, 07:53:21 AM
 #985

Just like my trading strategy, I always have a plan even before visiting a casino land-base or online. Set maximum amount to bet and maximum time spent. In visiting a land-based casino it is better not to bring too much extra money as we might end up losing it too when bad luck happens. When luck is with us then it is just like in trading better to set stop loss at break-even. Wink
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October 17, 2017, 12:44:24 PM
 #986

Just like my trading strategy, I always have a plan even before visiting a casino land-base or online. Set maximum amount to bet and maximum time spent. In visiting a land-based casino it is better not to bring too much extra money as we might end up losing it too when bad luck happens. When luck is with us then it is just like in trading better to set stop loss at break-even. Wink
This strategy is good enough to limit the amount you used in gambling, moreover it is a good idea to lessen the possibility of losses to the account of owners. Definitely I also have idea to limit the amount used in gambling. All you have to do is to bring amount that can satisfy your enjoyment, therefore just bet only in a little amount and if you lose just double it until you win. Then if your fund is not enough to double your bet just quit the game before lose it all.
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October 17, 2017, 01:42:45 PM
 #987

Just like my trading strategy, I always have a plan even before visiting a casino land-base or online. Set maximum amount to bet and maximum time spent. In visiting a land-based casino it is better not to bring too much extra money as we might end up losing it too when bad luck happens. When luck is with us then it is just like in trading better to set stop loss at break-even. Wink
it always be a big regret when you come to a land based casino and stake everything you have. back to home without a single buck left. in your mind you will always telling yourself that "why you did not stop immediately after even get a small win"

the limitation are so rare work as planned, i know that feeling and everybody also i think.

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October 17, 2017, 02:28:38 PM
 #988

I don't gamble but if I did I would never gamble more than 0.1 BTC... so thats like thousands of satoshis...and when I lose them all I will be depressed ... until the next morning lol

for me, that amount is too big for playing gambling because i am too afraid to place a bets with big amount. usually i only place small bets like 1k satoshi and i can played over and over until i think i am enough for playing the games. i can not imagine if i am use 0.1 and then i am losing that money, i must be really sad and maybe i can not forget my losing.

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October 17, 2017, 02:55:42 PM
 #989

Hi guys!
We all know that gambling is not only a fun but also potential danger. So are you limiting yourself somehow when gambling? DO you use casino's instruments to prevent you spending more money?
Or do you just limit yourself by setting a certain amount of money to spend? Or you don't limit yourself at all?
Thanks for sharing!
Cheers,
Yours OshiHugo, Oshi.io CM

Giving ourselves limitations is very important, especially if you entered in gambling world that is very much needed for us to avoid big losses  into our bankroll. Because giving limits to ourselves is the best tools to maximize our losses in the gambling sites.
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October 17, 2017, 03:03:34 PM
 #990

Yes, I do set my limits and I guess it should be a mandatory for all gamblers. For me to avoid spending more than I can't afford to lose, I set barriers for myself such as I only bring a minimal amount of money whenever I gamble. Minimal money means exact money for food and for the game nothing more and nothing less. But let's face it, It is easier to say than done because of the influence of others, Our self-greed, and Temptations. To be successful in such a process one must be fully committed to it, to avoid further losses and damages.
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October 17, 2017, 03:15:40 PM
 #991


It is a good strategy to set a stop loss. If you keep on gambling and chasing lost bets/money, your losses would compound.
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October 17, 2017, 03:40:32 PM
 #992

I limit myself in budget and especially in time. Limits in budget have been largely discussed here but I think limits in time are more important. When you are playing for too long, even if you are within your budget limits you start getting stressed, emotional, and the worst thing is that most of the times you don’t even realize it and start taking bad decisions.

Playing for no longer that an hour and have a rest of 10-15 minutes before you play again is a good place to start.

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October 17, 2017, 03:42:45 PM
 #993


It is a good strategy to set a stop loss. If you keep on gambling and chasing lost bets/money, your losses would compound.
Setting up limits to yourself will not only for the benefit of avoiding losing money, but of course to avoid gambling addiction. You'll be facing a huge problem once you're being addicted to gambling, it will not only loss you money but it will also ruin your life. So, better set limitations to yourself once you gamble.
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October 17, 2017, 03:48:04 PM
 #994

It is always to set the limits while gambling because without limits sometimes it is not possible to control the investment overflow. We have to keep track how much we are investing and how much money we are making.
It's simple enough, but lack of self-control, lack of discipline makes it difficult to limit ourselves, limit our money and limit our target. In fact sometimes we are very want to limit everything but our lust and undisciplined make us often mebongkar the limit.
 
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October 17, 2017, 04:10:29 PM
 #995


It is a good strategy to set a stop loss. If you keep on gambling and chasing lost bets/money, your losses would compound.

It's a good way to control yourself if you don't want to loss a lot. And out of it also you can have the minimal loss that you can take so if you are a gambler that is setting up limit to yourself when you gamble then you are doing it in the right way. Because there are some gamblers that doesn't know how to set up limit and in the end they are losing a lot of money as they gamble.

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October 17, 2017, 07:01:49 PM
 #996


It is a good strategy to set a stop loss. If you keep on gambling and chasing lost bets/money, your losses would compound.

It's a good way to control yourself if you don't want to loss a lot. And out of it also you can have the minimal loss that you can take so if you are a gambler that is setting up limit to yourself when you gamble then you are doing it in the right way. Because there are some gamblers that doesn't know how to set up limit and in the end they are losing a lot of money as they gamble.

Not only a good way but probably the best way that anyone could make of. If we dont set any limit at all then it will be hard for us, we probably couldnt control our action because we are heavily addicted . IF we set limit then even if we are addicted then probably we are not going to lose more than wht we have already set before we play
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October 17, 2017, 09:11:34 PM
 #997


It is a good strategy to set a stop loss. If you keep on gambling and chasing lost bets/money, your losses would compound.

It's a good way to control yourself if you don't want to loss a lot. And out of it also you can have the minimal loss that you can take so if you are a gambler that is setting up limit to yourself when you gamble then you are doing it in the right way. Because there are some gamblers that doesn't know how to set up limit and in the end they are losing a lot of money as they gamble.

You are right. Just set a small amount or limit so that if you lose, you can easily earn that again. At least you can still play and at the same time you control it. Nobody prevents us to gamble it's just that we have to be sure that all of our money will not be invested from gambling so that these money will grow on other ways. Just let yourself play for the purpose of fun not for winning instant because sometimes we can lose and some other time we can also win from it. Play wiser and limit it as long as you can still replace it easily when you lose. There was this quote when you enter a gambling place "play for fun and losing is not playing a large amount of money at the second time to get your loss back". Smiley

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October 17, 2017, 09:14:35 PM
 #998

It is always to set the limits while gambling because without limits sometimes it is not possible to control the investment overflow. We have to keep track how much we are investing and how much money we are making.
It's simple enough, but lack of self-control, lack of discipline makes it difficult to limit ourselves, limit our money and limit our target. In fact sometimes we are very want to limit everything but our lust and undisciplined make us often mebongkar the limit.
 


It is the temptation to make it a lot bigger.
I dont really know how could it be stop but until now whenever I lose I want to get it all back in one swoop. A bigger bet than what I have lost so that it will be an instant revenge but no, I always end up on the losing bet.
There is no limit to someone who is losing more, even the winners cant stop because they want more.
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October 17, 2017, 10:39:53 PM
 #999

Ofcourse im putting up some limits on my self when playing gambling because i need to be productive and need to manage well my money. I've lost all my money once and after i put limits on myself and controlling my greediness I successfully earn a lot of money . im not actually more into real casino i way more playing on a gambling site and sports betting where i could actually win with a 75% chance.
Setting up limits to your self is  a good way about self control. Especially in gambling you need to set limits because here you only have two destiny its either you win or you loss. Limitations will surely help you on how to manage money.

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October 17, 2017, 10:55:04 PM
 #1000

Ofcourse im putting up some limits on my self when playing gambling because i need to be productive and need to manage well my money. I've lost all my money once and after i put limits on myself and controlling my greediness I successfully earn a lot of money . im not actually more into real casino i way more playing on a gambling site and sports betting where i could actually win with a 75% chance.
Setting up limits to your self is  a good way about self control. Especially in gambling you need to set limits because here you only have two destiny its either you win or you loss. Limitations will surely help you on how to manage money.
Exactly, you'll never find satisfaction in gambling if you will not learn how to limit your bet.
This kind of game where there is a big risk is something that we have to be more serious, although it's fun but without limit we will never gonna experience the real fun because in the long run when we loss control we will lose more and more money which will only make us desperate in gambling. With limitation we will be able to stop when needed and without regrets because we are sure spending what we can afford to lose only.

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