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Author Topic: Gambling responsibly, is it possible or myth?  (Read 15681 times)
legendster
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March 31, 2019, 06:48:45 AM
 #41

I don't get where are you heading here.

You are saying that gamblers that are gambling for fun and profit are different, well it is true that it is different but saying that they are fine or don't mind losing that is not fun at all. I mean, put yourself on that gambler, you gamble for fun and you are losing a lot of money, that is fine with you? If you are gambling for fun, and you are losing where is the fun at that? Please answer me. I don't get it.
I agree that losing isn't fun but you don't have to gamble a lot of money to have fun. You can have fun while gambling with a lot of money but you're more focused towards profiting than having fun since you're gambling so much money. You can do both but one is always higher than the other and it  will show based on your gambling activity.

No matter how hard you try to gamble for fun only, it is simply not possible. The main reason for this is that at the back of your mind, you have money in your mind. Even if your intention is not to win but still you have a fear of loss.

This fear of losing money will not let you enjoy gambling at full strength.

That's bullshit. One can gamble with a point system that has no relation to money.
Gambling in itself has no connection to money.

The desire to win in a gambling match stems from primeval instincts.

You see back when we were cavemen, we had to protect out cave from other cavemen or other tribes. We spent days and months and sometimes years gathering things that we thought belonged to us rightfully, so naturally when other cavemen took those things we reacted by becoming violent and by regaining the property that was stolen from us.

With modern gambling, addiction stems from that same feeling and sense of losing what we think rightfully belongs to us, we respond by becoming aggressive or by increasing the odds and stakes and end up losing more - its a vicious cycle actually, that has nothing to do with money.

But the moment you switch your thinking where you admit that the money that you want to gain was never yours, right then and there you would disconnect from the cycle.


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March 31, 2019, 07:17:01 AM
Last edit: March 31, 2019, 07:48:47 AM by ralle14
 #42

No matter how hard you try to gamble for fun only, it is simply not possible. The main reason for this is that at the back of your mind, you have money in your mind. Even if your intention is not to win but still you have a fear of loss.

This fear of losing money will not let you enjoy gambling at full strength.
I disagree, it's possible to have fun with gambling for example you could go gamble with your friends but if you're not ready to lose money then it'll be difficult for you to have fun.

Other examples are contests,betting pools,etc my point is if your purpose is to have fun and you fail then you're not looking at gambling in a different way.

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March 31, 2019, 08:11:39 AM
 #43

yeah the study is ideal and not really the actual expectation you will get from a gambler though some may apply the principles yet many belong to which they became addicted. Winning is the real reason why one always want to bet because they want to win. And as much as they want to win they will going to lose it since it is gambling. But then there are other online casino betting that let you win and lose depending on your luck. So just take some time to research for a good online betting casino. Play, win and enjoy!
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March 31, 2019, 08:44:35 AM
 #44

I don't get where are you heading here.

You are saying that gamblers that are gambling for fun and profit are different, well it is true that it is different but saying that they are fine or don't mind losing that is not fun at all. I mean, put yourself on that gambler, you gamble for fun and you are losing a lot of money, that is fine with you? If you are gambling for fun, and you are losing where is the fun at that? Please answer me. I don't get it.
I agree that losing isn't fun but you don't have to gamble a lot of money to have fun. You can have fun while gambling with a lot of money but you're more focused towards profiting than having fun since you're gambling so much money. You can do both but one is always higher than the other and it  will show based on your gambling activity.

No matter how hard you try to gamble for fun only, it is simply not possible. The main reason for this is that at the back of your mind, you have money in your mind. Even if your intention is not to win but still you have a fear of loss.

This fear of losing money will not let you enjoy gambling at full strength.

That's bullshit. One can gamble with a point system that has no relation to money.
Gambling in itself has no connection to money.

The desire to win in a gambling match stems from primeval instincts.

You see back when we were cavemen, we had to protect out cave from other cavemen or other tribes. We spent days and months and sometimes years gathering things that we thought belonged to us rightfully, so naturally when other cavemen took those things we reacted by becoming violent and by regaining the property that was stolen from us.

With modern gambling, addiction stems from that same feeling and sense of losing what we think rightfully belongs to us, we respond by becoming aggressive or by increasing the odds and stakes and end up losing more - its a vicious cycle actually, that has nothing to do with money.

But the moment you switch your thinking where you admit that the money that you want to gain was never yours, right then and there you would disconnect from the cycle.

I think everything has been explained about gambling, and the idea about involvement of money was too difficult to figure out. We should think of how to control our habitual activities which relate to gambling itself. Although some people have an aggressive manner in playing gambling, but we do have a reponsibilies in a certain aspects which gambling was concerned.
If you had more times that you'd likely lost during gambling possession, recovering your amount of crypto is considered a serious responsibility. That's always possible to happen, because if you don't have efforts to cover up that mess nothing will happen but you'll tend to fail along the process.
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March 31, 2019, 11:51:48 AM
 #45

Your methods are great. It works a bit like trading cryptocurrencies, you have to have a strategy and follow it through, matter what. Your methods could be helpful to addicts too. All addicts need fun alternatives otherwise things won't just disappear like that.

Maybe we could ask them what experiences make them very happy aside gambling, then we could recreate the experience for them as long as it is beneficial experience.
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March 31, 2019, 11:59:39 AM
 #46

It is possible.

It is all about self control. I'll admit you'll need a bit of luck too but it is mostly about controlling yourself. If you gamble every day with the %10 of your total wealth, you can't expect to survive in the long run. It is against math.

If you keep it way smaller, now you are playing responsibly.


Another good point. Small regular wins (if possible) is enough unless the wins are insignificant to the gamblers. The gambling thing is a bit similar to crypto trading or maybe it is just a general success formulas that may work in most areas of life
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March 31, 2019, 12:04:26 PM
 #47

Personally I just gamble only for fun because gambling will make you loss eventually and consider profit as the bonus.

Gambling responsibly ?
Yes, it's possible if the people themself are mature enough to think with rational !

Smiley
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March 31, 2019, 01:30:32 PM
 #48

You can just stop or be addicted.

Okay the fixed amount to lose will really happen but the fixed amount when you are winning is impossible.
When you win you always want more. Greed is glued to humans and there is no cure for that.

Losing though can stop you from betting again because you have nothing to bet with.
Then, that is the time you will think if you should just stop or keep on. Betting again after you receive your monthly salary.  Grin
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March 31, 2019, 01:41:38 PM
 #49

The game with responsibility is not a myth, it is a reality, but it all depends on the personality level of a person, according to the books, what they emphasize most is that the player has a clear control over the value of money and that all the money It can not be wagered, only a small part.

When you compare the game with trading, according to a very famous speculator named Jesse Livermore, every time he won he withdrew half of his earnings to enjoy that money, not to leave everything at stake, he has to feel the money earned due to his effort , the same must be applied to the game, at the moment of winning a withdrawal of at least half of their profits must be made, and so in a psychological way see the value of the effort. This is largely due to responsibility, and to have control over the actions in the game.

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March 31, 2019, 01:58:01 PM
 #50

<....>
Betting again after you receive your monthly salary.  Grin
Correct, this is mostly what I have done. I occasionally gamble when I have some spare of money from my salary but if I don't have then stopped in gambling. You can stop being an addiction if you consider the fact that money is a very important thing that you won't waste anytime. Unless if you have a lot of 'em then go and gambling as what you want. I think that is possible to stop addiction by having control of self or self-discipline.
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March 31, 2019, 02:18:31 PM
 #51

<....>
Betting again after you receive your monthly salary.  Grin
Correct, this is mostly what I have done. I occasionally gamble when I have some spare of money from my salary but if I don't have then stopped in gambling. You can stop being an addiction if you consider the fact that money is a very important thing that you won't waste anytime. Unless if you have a lot of 'em then go and gambling as what you want. I think that is possible to stop addiction by having control of self or self-discipline.
Definitely yes! Gamblers should always have their own limits so that addiction will be avoided. Although it's really hard to leave gambling even for a short time but if you think you are already losing too much, then it's really time to move on. Do not let gambling controlled yourself, you should set limits for yourself.
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March 31, 2019, 02:28:01 PM
 #52

The game with responsibility is not a myth, it is a reality, but it all depends on the personality level of a person, according to the books, what they emphasize most is that the player has a clear control over the value of money and that all the money It can not be wagered, only a small part.

When you compare the game with trading, according to a very famous speculator named Jesse Livermore, every time he won he withdrew half of his earnings to enjoy that money, not to leave everything at stake, he has to feel the money earned due to his effort , the same must be applied to the game, at the moment of winning a withdrawal of at least half of their profits must be made, and so in a psychological way see the value of the effort. This is largely due to responsibility, and to have control over the actions in the game.

True, gambling responsibly really exists but it will depend on each person on how to handle it. If we are able to control our minds by not overreacting when we face bad luck or good luck, never try to risk the amount that exceeds our limits and cash out once we are lucky, I think we will be safe. Even though we do gambling regularly but if we have a stable plan and continue to follow it, it will be fine. The other important thing is, gambling isn't just about money. We must manage our time too. Don't let gambling steal most of our time which can certainly damage our main activities in our real life.

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March 31, 2019, 02:29:38 PM
 #53

The game with responsibility is not a myth, it is a reality, but it all depends on the personality level of a person, according to the books, what they emphasize most is that the player has a clear control over the value of money and that all the money It can not be wagered, only a small part.

When you compare the game with trading, according to a very famous speculator named Jesse Livermore, every time he won he withdrew half of his earnings to enjoy that money, not to leave everything at stake, he has to feel the money earned due to his effort , the same must be applied to the game, at the moment of winning a withdrawal of at least half of their profits must be made, and so in a psychological way see the value of the effort. This is largely due to responsibility, and to have control over the actions in the game.
Even people cashout their earnings made from the gambling are still tempted to make money so they will come again and will lose more and it is the reality.

We don't have to consider gambling for making money but when we made some of it don't get more greedy. Smiley
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March 31, 2019, 02:45:43 PM
 #54

Gamble responsibly is implemented in almost all Fiat casinos and is being implemented gradually in crypto casinos.It helps as a reasonable person can set the limits to play offered by gamble responsible program of the casino, it works as once activated you cannot deactivate it yourself, you have to ask the help desk and they will go thoroughly before reactivating it so it is possible.

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March 31, 2019, 02:47:41 PM
 #55

Many of us have in some part of our life gambled our money/coins. Sometimes we win huge and sometimes we bust it all. We all have our reasons to gamble. For many, it is financial stress, for many its a hobby and for many its an addiction.

But when we gamble much, we justify ourselves that we are just trying to win and not addicted. But many of us know, that at some point we really do become addicted to it.

We always set a goal of winning and then even when we achieve it, we continue to gamble and gamble leading to bust of all balances sometimes.

However, many types of research and statistics show, that most gamblers gamble responsibly. I find this really contradictory to what I have experienced and observed.

I have played on many casinos and at one point I was really addicted to it and I busted much daily. I wanted to leave it entirely only to get attracted to it again. So, I picked up certain habits;

  • I set a fixed amount I will wager no matter if I lose or win.
  • I set a fixed amount of winnings after which I stopped gambling no matter even if I think I can win more.
  • The moment I busted or wagered or won my daily cap, I closed the site immediately and opened YouTube, played a movie/song I liked and drank a cup of coffee relaxing my mind.
  • If the temptation arises too much, I open a charity website immediately and donate a part of my winnings and pray a bit. The satisfaction sometimes overweighs the temptation and helps me calm.
  • If the temptation still doesn't go away, I open the casino site and play with zero amount bets or with the faucet to calm the desire.
  • After that I close my computer and go out, convert my coins to cash, give some to homeless people on street, buy myself a coke/snacks and play a sport or exercise.
  • After a tiring time, I come home and study and then eat and sleep. Not opening the computer till next day.

My advice is if you think you are addicted, don't try to leave it completely because it will attract you more. Try to limit it and divert your mind to a variety of hobbies and topics Smiley

Do share your strategies and efforts on how you control it and limit it if you are addicted Tongue


Being obsessed in winning is a sign that you are addicted to gambling. No matter how you say that gamblers are trying to win but when losses piled up, these is where obsession comes in and takes control of your habit. You will get addicted to gambling if you are too obsessed in winning even if you lose a lot.

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March 31, 2019, 03:36:42 PM
Merited by btc78 (2)
 #56

The game with responsibility is not a myth, it is a reality, but it all depends on the personality level of a person, according to the books, what they emphasize most is that the player has a clear control over the value of money and that all the money It can not be wagered, only a small part.

When you compare the game with trading, according to a very famous speculator named Jesse Livermore, every time he won he withdrew half of his earnings to enjoy that money, not to leave everything at stake, he has to feel the money earned due to his effort , the same must be applied to the game, at the moment of winning a withdrawal of at least half of their profits must be made, and so in a psychological way see the value of the effort. This is largely due to responsibility, and to have control over the actions in the game.
Even people cashout their earnings made from the gambling are still tempted to make money so they will come again and will lose more and it is the reality.

We don't have to consider gambling for making money but when we made some of it don't get more greedy. Smiley
I get your point here, but there's also people/gamblers who can manage to follow this process, it's a practice that they enjoyed doing this activity,
the more they control their emotions the more they seen the enjoyment around, we already read lots of things about misfortune due to a gambler
greediness, instead of cashing out and enjoy, there's some who continue or comeback and loses everything again.

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March 31, 2019, 04:06:59 PM
 #57

It is possible.

It is all about self control. I'll admit you'll need a bit of luck too but it is mostly about controlling yourself. If you gamble every day with the %10 of your total wealth, you can't expect to survive in the long run. It is against math.

If you keep it way smaller, now you are playing responsibly.


Another good point. Small regular wins (if possible) is enough unless the wins are insignificant to the gamblers. The gambling thing is a bit similar to crypto trading or maybe it is just a general success formulas that may work in most areas of life

Yes think like a chinese gambler, Small win everyday is big win every month Cheesy That is the common strategy of chinese gamblers in real life casino. No matter how small, A win is a win.


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March 31, 2019, 04:44:49 PM
 #58

If you take gambling as a fun then it is possible that you can gamble responsibly. If you are addicted in gambling then it would be difficult to control yourself and things can often go out of control.

There also some cases wherein people develop addiction to something since it provide entertainment and satisfiy their hunger/need for it. I doubt that despite viewing something as a form of entertainment, there is always the risk of losing control and ultimately succumbing to addiction.

The only way to totally address addiction problem or at least prevent it is to replace the act with something that is recreational. Maybe instead of gambling or any other hobby, you can try engaging in the community or by doing service work.
Lastly, the first step towards change will always start at yourself. Without the strong will, determination, and patience, change would be futile.

R


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March 31, 2019, 04:59:46 PM
 #59

Responsibility is when you do have complete control of yourself no matter what the situation but the way i see it at you. You did a good job of allowing yourself to slowly forget gambling, it's like you are slowly moving on. If you are going to find some psychiatrist i think this is the same that they will tell you too. Addiction is not that easy to forget, it's just like you are moving on from heartbreak.

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March 31, 2019, 05:17:15 PM
 #60

Responsibility is when you do have complete control of yourself no matter what the situation but the way i see it at you. You did a good job of allowing yourself to slowly forget gambling, it's like you are slowly moving on. If you are going to find some psychiatrist i think this is the same that they will tell you too. Addiction is not that easy to forget, it's just like you are moving on from heartbreak.
Indeed, when we are in gambling we know our responsibility. Controlling our selves is not an easy way there, once we have loose once I'm sure we continued coming back and this concept would be our mind. How could I chase my lost?
So, in gambling, we have our own responsibility on this and it is possible that we can manage it.









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