Did you learn from your gambling mistakes?

[Oilacris]

The biggest mistake I have learned from gambling was that Gambling it self is a mistake when you get into it you will just start betting your money in higher amounts and in the end you will lose your money so gambling is a mistake that I have learned so far.

It seems you haven't quite learned that much yet. The situation ypu have doesn't always happem to experienced gamblers. You can gamble with caution and be responsible with it. Though i'm not a huge fan, gambling the right and responsible way can save you big losses

Why we should bet our money and risk it, even if we know that we will lose our money withing seconds instead we can invest in something else without any big risk, but we decide gambling why? I don't really like gambling its just waste of money and your time you can earn money from other ways too like you can invest in alts you can invest in property etc but Gambling no never.

In your side you would able to say such thing but thinking off that people do have different minds which means we do have different interest and the way we do entertain ourselves. Gambling is entertaining and we know that but the risk of addiction would really be there and for those people who do put up importance on their money will surely think off on different way.Instead of playing they will surely avoid it because they dont like to lose up money.

[serjent05]

Why we should bet our money and risk it, even if we know that we will lose our money withing seconds instead we can invest in something else without any big risk, but we decide gambling why? I don't really like gambling its just waste of money and your time you can earn money from other ways too like you can invest in alts you can invest in property etc but Gambling no never.

Investing in altcoins is almost the same as gambling - in short, it's risky as hell - and investing, in general, is a dangerous business as there is no guarantee that you will earn money, ever.
If that was the case everyone would simply invest->gain money->invest more->gain more money and cycle would repeat indefinitely.
Gambling can be fun, you can even profit - you just need to remember it is not a way of earning money - win big and then grab your toys and leave.
Knowing when to leave the table is the prime rule of a successful gambler.

Well said especially if we are investing in a shady altcoin that is subject to pump and dump and people never learn to stop instead they adapt to make sure. Same goes with gambling, people learn from their mistake unless that person is a moron that ignores stuff.  People keep on pushing stuff to the limit without even thinking that the limit would be them getting emptied bankroll.  I learned from this and always choose to leave the table when I think may win is enough.

[JL421]

The biggest mistake I have learned from gambling was that Gambling it self is a mistake when you get into it you will just start betting your money in higher amounts and in the end you will lose your money so gambling is a mistake that I have learned so far.

that is the catch of bitcoin it can easily get anyone addicted to gambling without them even realizing that they are actually addicted to it. if you haven't gamble at all its better if you don't otherwise getting rid of addiction is really hard

[dmamigo]

The biggest mistake I have learned from gambling was that Gambling it self is a mistake when you get into it you will just start betting your money in higher amounts and in the end you will lose your money so gambling is a mistake that I have learned so far.

that is the catch of bitcoin it can easily get anyone addicted to gambling without them even realizing that they are actually addicted to it. if you haven't gamble at all its better if you don't otherwise getting rid of addiction is really hard

Addiction is not the only single mistake performed by the gamblers/players. Recently I was gambling and I was loosing, and as I was loosing I tried even more. I later realized here attraction for money was not the cause, rather I wanted to satisfy my ego y winning atleast once. Since then whenever I get annoyed or feel furious I straight away stop right there.

[ArnoldChippy]

The biggest mistake I have learned from gambling was that Gambling it self is a mistake when you get into it you will just start betting your money in higher amounts and in the end you will lose your money so gambling is a mistake that I have learned so far.

that is the catch of bitcoin it can easily get anyone addicted to gambling without them even realizing that they are actually addicted to it. if you haven't gamble at all its better if you don't otherwise getting rid of addiction is really hard

Addiction is not the only single mistake performed by the gamblers/players. Recently I was gambling and I was loosing, and as I was loosing I tried even more. I later realized here attraction for money was not the cause, rather I wanted to satisfy my ego y winning atleast once. Since then whenever I get annoyed or feel furious I straight away stop right there.

People even addicted to gambling can play gambling in a smart way. They continue gambling for a long long time but never feel it as wrong. In fact they have their limit for playing gambling, they never exceed the limit which prevent them from losing a big amount of money and therefore they can continue gambling for a long long time.

[michkima]

The biggest mistake I have learned from gambling was that Gambling it self is a mistake when you get into it you will just start betting your money in higher amounts and in the end you will lose your money so gambling is a mistake that I have learned so far.

that is the catch of bitcoin it can easily get anyone addicted to gambling without them even realizing that they are actually addicted to it. if you haven't gamble at all its better if you don't otherwise getting rid of addiction is really hard

Addiction is not the only single mistake performed by the gamblers/players. Recently I was gambling and I was loosing, and as I was loosing I tried even more. I later realized here attraction for money was not the cause, rather I wanted to satisfy my ego y winning atleast once. Since then whenever I get annoyed or feel furious I straight away stop right there.

People even addicted to gambling can play gambling in a smart way. They continue gambling for a long long time but never feel it as wrong. In fact they have their limit for playing gambling, they never exceed the limit which prevent them from losing a big amount of money and therefore they can continue gambling for a long long time.

But an addicted one does not have these limits or self control. The fact is they are addicted and can no longer control their selves which results to them depositing more and more and even if they no longer can sustain their gambling addiction they try and deposit every single penny they have just to feed that addiction to gambling. You cannot really say a gambler can gamble smart, because they are already consumed by their addiction.

[thinkdifferent]

The biggest mistake I have learned from gambling was that Gambling it self is a mistake when you get into it you will just start betting your money in higher amounts and in the end you will lose your money so gambling is a mistake that I have learned so far.

that is the catch of bitcoin it can easily get anyone addicted to gambling without them even realizing that they are actually addicted to it. if you haven't gamble at all its better if you don't otherwise getting rid of addiction is really hard

Addiction is not the only single mistake performed by the gamblers/players. Recently I was gambling and I was loosing, and as I was loosing I tried even more. I later realized here attraction for money was not the cause, rather I wanted to satisfy my ego y winning atleast once. Since then whenever I get annoyed or feel furious I straight away stop right there.

Stopping gambling is a good thing for any reason. Better don't start again.

[ivanst776]

The important lesson that I learned from gambling with bitcoin is you should not be greedy and the end result always has the dependence upon the luck. However hard you make strategies, you need luck to experience the win. Because most of the events I participate were sports betting.

there's really a fun time with sports betting mate, because even the under dogs are winnings previously, i learned that not because strong team
have its advantage not always that they can win the game, its really luck that's bring some success inside the gambling activity.

It's the risk that you are willing to take to bet on the underdogs, then that's your choice. If you could somehow compute for the amount of win that you could make if the underdog wins, then you could would know how much would be needed to bet so that you can get back everything that you lost everytime you win. Somehow, a martingale type of betting. That's just patience and perseverance.

Betting on underdog is not always profitable, you have to understand that in sports betting you are looking for a value and sometimes underdog cannot really compete which will just give an easy win for the favorites. I do sports betting in basketball and I have tried betting on dogs before but I realize that is like blindly betting and it will not give me a long term profit, I need to determine which of the dogs and the favorites that has a good winning chance.

Except you bet for free or money isn't a problem you will always learn from you gambling mistakes. Sometimes i even learn from my wins because some of my wins were mistakes that turned out the other way and with a cool head i wouldn't have made such a decision so life is a lesson we live and learn in everything espelcially what causes us pain like gambling losses.

I will support your stance that all those things that give us pain teach us lifetime lessons but only to those who are willing to learn. Many people take losses as challenges to recover their money and in this attempt they lose more.

All those decisions that turned out other way were just because of your luck, nothing else. I don’t understand exactly what you have learned from your gambling mistakes.

[Pamadar]

The biggest mistake I have learned from gambling was that Gambling it self is a mistake when you get into it you will just start betting your money in higher amounts and in the end you will lose your money so gambling is a mistake that I have learned so far.

that is the catch of bitcoin it can easily get anyone addicted to gambling without them even realizing that they are actually addicted to it. if you haven't gamble at all its better if you don't otherwise getting rid of addiction is really hard

Addiction is not the only single mistake performed by the gamblers/players. Recently I was gambling and I was loosing, and as I was loosing I tried even more. I later realized here attraction for money was not the cause, rather I wanted to satisfy my ego y winning atleast once. Since then whenever I get annoyed or feel furious I straight away stop right there.

Stopping gambling is a good thing for any reason. Better don't start again.

better not start all over unless you are still willing to lose again as expected lucky day is not always there for us, so learning from that mistakes will allow us to lessen our possible loss, a lots of things needed to be realize when we did a big gamble and start bursting our bankroll.

[Betwrong]

The important lesson that I learned from gambling with bitcoin is you should not be greedy and the end result always has the dependence upon the luck. However hard you make strategies, you need luck to experience the win. Because most of the events I participate were sports betting.

there's really a fun time with sports betting mate, because even the under dogs are winnings previously, i learned that not because strong team
have its advantage not always that they can win the game, its really luck that's bring some success inside the gambling activity.

It's the risk that you are willing to take to bet on the underdogs, then that's your choice. If you could somehow compute for the amount of win that you could make if the underdog wins, then you could would know how much would be needed to bet so that you can get back everything that you lost everytime you win. Somehow, a martingale type of betting. That's just patience and perseverance.

Betting on underdog is not always profitable, you have to understand that in sports betting you are looking for a value and sometimes underdog cannot really compete which will just give an easy win for the favorites. I do sports betting in basketball and I have tried betting on dogs before but I realize that is like blindly betting and it will not give me a long term profit, I need to determine which of the dogs and the favorites that has a good winning chance.

Except you bet for free or money isn't a problem you will always learn from you gambling mistakes. Sometimes i even learn from my wins because some of my wins were mistakes that turned out the other way and with a cool head i wouldn't have made such a decision so life is a lesson we live and learn in everything espelcially what causes us pain like gambling losses.

I will support your stance that all those things that give us pain teach us lifetime lessons but only to those who are willing to learn. Many people take losses as challenges to recover their money and in this attempt they lose more.

All those decisions that turned out other way were just because of your luck, nothing else. I don’t understand exactly what you have learned from your gambling mistakes.

What we can learn mostly is that everything depends on luck in gambling, and that's why, like megynacuna said, we can win making most stupid moves possible which we'd never make with a cool head. It doesn't mean we can win regularly playing without thinking, rather it means that however hard you think it won't help you to win. Knowing this we should never risk amounts we cannot afford to lose.

[Cosbycoin]

The important lesson that I learned from gambling with bitcoin is you should not be greedy and the end result always has the dependence upon the luck. However hard you make strategies, you need luck to experience the win. Because most of the events I participate were sports betting.

there's really a fun time with sports betting mate, because even the under dogs are winnings previously, i learned that not because strong team
have its advantage not always that they can win the game, its really luck that's bring some success inside the gambling activity.

It's the risk that you are willing to take to bet on the underdogs, then that's your choice. If you could somehow compute for the amount of win that you could make if the underdog wins, then you could would know how much would be needed to bet so that you can get back everything that you lost everytime you win. Somehow, a martingale type of betting. That's just patience and perseverance.

Betting on underdog is not always profitable, you have to understand that in sports betting you are looking for a value and sometimes underdog cannot really compete which will just give an easy win for the favorites. I do sports betting in basketball and I have tried betting on dogs before but I realize that is like blindly betting and it will not give me a long term profit, I need to determine which of the dogs and the favorites that has a good winning chance.

Haha! Yes it is one of the biggest issues faced by all of us when we actually go to play poker in ground based casinos .the spectators of the opposite team keep on suggesting some serious shit that causes to lose focus on the game and makes me a bit of aggressive many of the times. This is some real reason behind immediate losses just in the beginning.

So I would prefer to play solo in the online casinos first and then use the whole bunch of experience to play poker with players in physical casinos.

[raven7886]

The important lesson that I learned from gambling with bitcoin is you should not be greedy and the end result always has the dependence upon the luck. However hard you make strategies, you need luck to experience the win. Because most of the events I participate were sports betting.

This is what i learn from gambling, Being greedy is very bad because it can lead to many loses. Because when i play in the past i always end up on the positive side but chasing more wins only leads me to loses. It's a bat habit for me and as of now i did not do it. I always control my greedy side and just be contented with what i won. I just enjoy gambling now and not to think about profiting for it but when i profit that's only a bonus.

It is unbelievable to hear that you have been able to control your greediness. All I can say is that gambling is something that should only be practiced for the sake of fun and if someone feels that he is losing controls over his emotions, then he must quit at once because falling prey to the addiction leads you nowhere but to the loss of everything you have in possession.

This matter must not be considered trivial at all and one should gamble just for the sake of fun instead of finding it as a way to earn his livelihood.

[BlueStackz]

Learning can be said yes. However, repeating mistakes is a gamblers habit. Ending with bankroll zero is something familiar we hear. So, I use tricks with occasional gamble also just risked small amount of money.

Ending with bankroll zero is a sign of not learning from mistakes.Gambling until your bankroll is zero is a mistakes and if you keep gambling until your bankroll zero means you do not learn from your mistakes. And that's a mistake that should only happen to you once. Because it is a mistake that we see and must be aware of.

So you are at the safe side my brother. This is what is needed to be understood by most of us that gambling is not about making money at all.

One should only risk tiny amounts so that even if you lose the bet amount it would not get you in a great trouble that is simply solution less in the end. Learning form the gambling mistakes can make sense only for those that are not real addicts and do know the trick of controlling their emotions and setting up limits before them.

[signup01]

if I think learning from the mistake of gambling is I want to stop gambling because I am now aware that gambling is not a shortcut to get good money if in my country / religion.soalnya there are still many shortcuts to earn money not by gambling.

[Carmen01]

No because its always repeat only to lose.I think gambling is for person that have luck to play then it also for a person that have money to risk.Bitcoin is good for profit but if you play gambling i think you need a strong mind to accept if your money will gone in a second because its like that then your money will be gone if you lose like in primedice

[joebrook]

if I think learning from the mistake of gambling is I want to stop gambling because I am now aware that gambling is not a shortcut to get good money if in my country / religion.soalnya there are still many shortcuts to earn money not by gambling.

If there is one gambling mistake i have learned from since i started gambling is that when you do lose a bet, don't immediately go in and make another hoping that you could recover your losses. It doesn't end well and one will end up losing everything.

[BrannigansLaw]

if I think learning from the mistake of gambling is I want to stop gambling because I am now aware that gambling is not a shortcut to get good money if in my country / religion.soalnya there are still many shortcuts to earn money not by gambling.

Gambling wont make everyone rich,but if you are really lucky you could win a lottery and that very aspect will attract people to gamble,if you consider is as a shortcut to make easy money then these houses are not there to give out free money just like that,to me i consider sports betting to be the easy one as you have a fifty percent chance to win or loose and you will learn how to control your emotions once you start loosing.

[MinerHQ]

if I think learning from the mistake of gambling is I want to stop gambling because I am now aware that gambling is not a shortcut to get good money if in my country / religion.soalnya there are still many shortcuts to earn money not by gambling.

If you can stop gambling then that is a good thing to do but also remember that all shortcuts to make money come with high-risk of losing your investments. So think many times before choosing any short-cuts. All good investments need time to do a business and to give you profits so don't put all your hard earned money into short-cut methods.

[1BTC EQUALS 1CAR]

if I think learning from the mistake of gambling is I want to stop gambling because I am now aware that gambling is not a shortcut to get good money if in my country / religion.soalnya there are still many shortcuts to earn money not by gambling.

If you can stop gambling then that is a good thing to do but also remember that all shortcuts to make money come with high-risk of losing your investments. So think many times before choosing any short-cuts. All good investments need time to do a business and to give you profits so don't put all your hard earned money into short-cut methods.

"Shortcut" is the right word that really describes gambling mistakes. People that are poor or unfortunate believes that gambling is the key to get rich but they are always wrong.

[FasTroy]

if I think learning from the mistake of gambling is I want to stop gambling because I am now aware that gambling is not a shortcut to get good money if in my country / religion.soalnya there are still many shortcuts to earn money not by gambling.

If you can stop gambling then that is a good thing to do but also remember that all shortcuts to make money come with high-risk of losing your investments. So think many times before choosing any short-cuts. All good investments need time to do a business and to give you profits so don't put all your hard earned money into short-cut methods.

You are right, The fast earning of money is always risky, So you should risk a lot, to win a huge amount, gambling is a kind of this things. Personally, I learn a lot of thing from gambling. I was a gambler since a long time now, and i learn to control myself in any situation, aslo, Always i set limits and rules before start gambling, and I should follow this rules.