Gambling habits that will cost you

[sunsilk]

Biggest thing I've seen in real life is gambling while you are heavily intoxicated.  Casinos love to feed a constant flow of drinks to their players so they make unwise decisions.  Always best to stay completely sober when your dealing with money.

That's why I am only playing online ;-)

But you're completely right on that. When I had some drinks while playing I take a lot more risks.

It's probably part of their strategy and service too. Having some drinks while you are on the table gives you a chilling and relaxing experience but there's a complete side effect that you cannot notice immediately.

As you gamble online too, you have the choice to buy your own drinks but you are completely aware of what you do because you're the one that will pick it up on your fridge. Just don't drink too much or you might get the same effect.

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[michellee]

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That's true people only avoid gaming because of lose so if there will be no lose people would love to gamble. Just in case if you are new and unaware of market sudden changes better gamble with small amount and don’t invest again at fist winning. Avoid being so emotional just call down and gamble according to the situations.

Yes, because no one wants to see the loss of the money so they will avoid gambling if they can. But I would not suggest changing to gambling, especially for new people who try to know cryptocurrency because they will be difficult to control themselves. They will try over and over again if they lose because they will be curious about the winning. They will become emotional without having control of themselves.

[shoreno]

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That's true people only avoid gaming because of lose

Yes, because no one wants to see the loss of the money so they will avoid gambling if they can.

not all . some dont care at all if they win or loose but whats important for them is that they can play thier favorite gambling in order to hang out and past the time  . some avoid gamble not because they are afraid to loose but because gambling is a sin to their religion .  there also those who avoid gambling because gambling is restricted on thier area .  they can be fine or sentence to prison if they will be caught on hand playing gambling .

[RivAngE]

As you gamble online too, you have the choice to buy your own drinks but you are completely aware of what you do because you're the one that will pick it up on your fridge. Just don't drink too much or you might get the same effect.

Eeerm... what?
How did you guys brought the conversation to drinking! x)

I suppose both can become addictions, but so can so many other things.
The thing is: "Decide where to stop before you start" (Or even better, just don't start at all!)

[Betwrong]

The habit that you have to avoid when gambling is:

Don't make a lot of bet while gambling

This is the reason why people lose. When you make a lot of bets, you decrease your probability of winning in total profits.

Although it is true that, on average, the more bets you make the higher the probability of hitting a really long losing streak and lose it all, the phrase "don't make a lot of bets" does not make sense if the time period and your goal are not specified. I would even say that if your goal is the same, say it's hitting 99.99 and win with 9900x payout, in a dice game, the time period doesn't matter, because making 20k bets within 3 days instead of within 3 hours doesn't change a thing in regards to probability if winning/losing. So, it's your goal is what matters the most.

I mean, for 1.1x payout 20k bets is definitely a lot, but it's a normal thing for 9900x payout.

[lighpulsar07]

Well, my gambling habit that always cost me a money is, not cashing out all. i have some the urge to play even though i have gained 10x of my original bankroll i still continue to play until i lose and after that, i always regret that i gambled all my money and all of my profit so, i always advise that if your bankroll is 2x or more of your original deposit withdraw it already and don't ever look back and play this again you'll regret afterwards except you are very rich and like to burn your money in casinos then go ahead

[iMark]

Biggest thing I've seen in real life is gambling while you are heavily intoxicated.  Casinos love to feed a constant flow of drinks to their players so they make unwise decisions.  Always best to stay completely sober when your dealing with money.

That's why I am only playing online ;-)

But you're completely right on that. When I had some drinks while playing I take a lot more risks.

I think it's not just drunk gamblers who make stupid choices, all gambling players who become addicts basically often do stupid things by taking a big risk when gambling, even I myself have do max bet because of emotional feeling when always losing. sometimes making stupid choices is not just a drunkard but all gamblers have that trait.

[carter34]

Biggest thing I've seen in real life is gambling while you are heavily intoxicated.  Casinos love to feed a constant flow of drinks to their players so they make unwise decisions.  Always best to stay completely sober when your dealing with money.

You'll be so aggressive  once you're being drunk, people make mistakes when alcohol already populates their mindset, casinos who knows how to play with the gamblers emotions keeps being compensated with the outcome of their stay insides the house, it's really tough to control yourself so it's better to have a good assessment before making any decisions playing inside.

Yeah this is really a big decision line while gambling and drinking and some casinos understand this. Sometimes however, if you are inebriated and lucky to be winning, the day is yours to take because you will seem to be doing everything right and the winning will keep coming in.

[Maslate]

Biggest thing I've seen in real life is gambling while you are heavily intoxicated.  Casinos love to feed a constant flow of drinks to their players so they make unwise decisions.  Always best to stay completely sober when your dealing with money.

You'll be so aggressive  once you're being drunk, people make mistakes when alcohol already populates their mindset, casinos who knows how to play with the gamblers emotions keeps being compensated with the outcome of their stay insides the house, it's really tough to control yourself so it's better to have a good assessment before making any decisions playing inside.

Yeah this is really a big decision line while gambling and drinking and some casinos understand this. Sometimes however, if you are inebriated and lucky to be winning, the day is yours to take because you will seem to be doing everything right and the winning will keep coming in.

If you are having fun and it's alright for you to loss, then I believe drinking while playing will add more entertainment, however, if you are serious and you seem to have a mission in winning, then you should focus and don't let alcohol distract you.

Gambling is a game of mind, alcohol will strengthen your emotion but it will weaken your mind, so beware of that.

[ethereumhunter]

Biggest thing I've seen in real life is gambling while you are heavily intoxicated.  Casinos love to feed a constant flow of drinks to their players so they make unwise decisions.  Always best to stay completely sober when your dealing with money.

You'll be so aggressive  once you're being drunk, people make mistakes when alcohol already populates their mindset, casinos who knows how to play with the gamblers emotions keeps being compensated with the outcome of their stay insides the house, it's really tough to control yourself so it's better to have a good assessment before making any decisions playing inside.

Yeah this is really a big decision line while gambling and drinking and some casinos understand this. Sometimes however, if you are inebriated and lucky to be winning, the day is yours to take because you will seem to be doing everything right and the winning will keep coming in.

If you are having fun and it's alright for you to loss, then I believe drinking while playing will add more entertainment, however, if you are serious and you seem to have a mission in winning, then you should focus and don't let alcohol distract you.

Gambling is a game of mind, alcohol will strengthen your emotion but it will weaken your mind, so beware of that.

But that is happening in the real casino. But if we are playing online gambling, we can do that too but we cannot always to talk to other people because many of us are hiding our gambling activity from other people.

So I think maybe the bigger cost is when we buy something from the casino. But if we use online gambling, we don't have to think about the cost. We only need to care about how much money we will use to play gambling.

[The Cryptologist]

I think only number 5 is the gambling habit that I have experienced when I was still betting my bitcoins. Whenever I lose or either win, I 'm on the very peak of my emotions. If I win, I get so very excited like every minute thinking that maybe I could win much more which I just end up losing. And when I lose, I get so crazily mad thinking that I have good chance of recovering it and also winning at the same time which is I realized is a very bad gambling habit before I knew it.

[Barracuda]

I would like to add a little related made by @OP

- When you win, don't bet bigger. stabilize the situation or play at a minimum. This is usually very good to do.

I don't know if this has been added or not, but it's really effective to do when you win. Don't add a bigger number with an even bigger winning goal. It will make you lose and you lose the amount that won before.

[nydiacaskey01]

Maybe we should add, don't look at others winnings. When we see someone who won big example in Poker, we try to play poker as well thinking that we can also do it or replicate what others can do, what we forget is that it takes a lot of time before they can master or get the skills in playing poker and use a strategy or technique. Also, using the strategy that others are using as well. If it worked for them, it doesn't mean it will also work for you.

[Murat]

Never become desperate to win. This habit will enhance your losing amount. Gamblers often become desperate to win and deposit more & more amount. I don't think this is right to deposit when you are losing continuously. You are losing most often because of either strategy or luck so you should quit gambling sometimes and starts freshly.

And another one is, don't ever bet the amount which you can't afford to lose. Be defensive and gamble with little amount will save your money also IMO.

[Botnake]

Never become desperate to win. This habit will enhance your losing amount. Gamblers often become desperate to win and deposit more & more amount.

That's an example of a gambler losing control, we always want to win therefore it's hard for us to accept when we loss, that is why we lose control and deposit to try to win back our loses.

I've tried that many times and the result is really bad.

And another one is, don't ever bet the amount which you can't afford to lose. Be defensive and gamble with little amount will save your money also IMO.

Defensive... such a good word to use in gambling, we usually are aggressive whether we win or loss but most especially when we loss because like I said, it's hard to accept our loses and we want to get back our loses. I think it's just a matter of discipline that is necessary for every gambler, accepting that not all the time we can win is good enough for a start.

[leea-1334]

I would like to add a little related made by @OP

- When you win, don't bet bigger. stabilize the situation or play at a minimum. This is usually very good to do.

I don't know if this has been added or not, but it's really effective to do when you win. Don't add a bigger number with an even bigger winning goal. It will make you lose and you lose the amount that won before.

I sometimes make a quick climb by increasing bet size WHEN I win. It is just as risky as any other illogical strategy to be sure,,, but I actually never busted from it (I only do it 3 or 4 consecutive times at low percentages).

It is all about preference,,, and always never about making money but enjoying yourself.

[sunsilk]

I would like to add a little related made by @OP

- When you win, don't bet bigger. stabilize the situation or play at a minimum. This is usually very good to do.

I don't know if this has been added or not, but it's really effective to do when you win. Don't add a bigger number with an even bigger winning goal. It will make you lose and you lose the amount that won before.

Not yet, it isn't added on the list.

It simply means that when you gamble and you win, keep your capital. And the habit that will cost you is when you bet bigger even though you've won your bets and you are not contended with that.

You want some more and that will cost you more.

[rachman mahesa]

- When you win, don't bet bigger. stabilize the situation or play at a minimum. This is usually very good to do.

I don't know if this has been added or not, but it's really effective to do when you win. Don't add a bigger number with an even bigger winning goal. It will make you lose and you lose the amount that won before.

This is indeed what must be done. But unfortunately I did the opposite, which was to increase the number of bets to win even more. But it's really not good, which in reality we are losing. And several times I did that silly thing until I realized when I won I had to play small again.

[Icologies]

Those that have been gambling for a long time will agree with some of these bad habits (if I may call them this) which I have found to have a negative effect on our gambling experience.

Any comments or additions, drop them in the thread

1. Cancelling a withdraw because the sportsbook takes long to process it or because you saw a game you think will bring easy profit, stop right here.. my advice don't even think about cancelling this it's a trap that will leave you with no money to withdraw.

2. Don't gamble while you are intoxicated, for obvious reasons judgement is impaired and you will be reckless with how you play.

3. Never gamble with money that isn't yours, this includes taking out loans for the purpose of gambling  because this always ends in you losing all the sourced funds and will result in putting yourself in bad books with friends and family.

4. Avoid accumulators, sometimes these are good but if you in it for the money avoid them! I know many will say if you don't risk it you won't win or say something like "go big or go home" but honestly think about it , you place an accumulator with 3 games and 2 games with big odds of 5 and 7 odds go through and you are left with the multiplier of 1.2 odds which goes on to lose I guess you get my logic

5. Avoid gambling when you are angry or feeling emotional about something or someone, this too affects your game. If it helps talk or see someone before you do something you will regret.


Feel free to add more to the list

all that needs a strategy that has been planned and calm in making decisions. all you say is true the feeling of wanting to win and emotional will only add to the burden of the mind and can not think clearly. calmness in taking action is the key to victory, too ambition will only make the plan not go well.

[swogerino]

By reading a lot of gambling threads here and based on my personal experience on a tipping service here which I was part of sometime ago as I don’t see it active anymore,it was premiumtipping website,I think that if you want to stick to some rules,set aside a monthly bankroll and try a service similar to the one I joined,they used to give 3-4 games with low odds and they won a few times.This is the best you can do in order to avoid doing stupid thigs while following the money.