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Author Topic: How to restrain yourself at a small loss and not spend money.  (Read 2193 times)
Botnake
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October 22, 2019, 02:07:25 PM
 #21

It often happens that people go out to play a variety of games of chance with a certain amount of money, but in the end they spend everything if they are gone.
TBH, I was once like that during my early days in gambling but because of that mistake, I learn and I matured as I continue to gamble.

How to prevent which technique you base yourself on to spend no further.
Just be smart, when you are smart, you are not weak emotionally because you are the one controlling yourself and with proper discipline, you will be able to stop at the right time or if you needed to, whether you win or loss.

It's hard to just give up, people persistent in gambling that day, so they can't just tell themselves they'll try tomorrow. Why is this difficult? Is it because of greed?

That's because of lack of self control, it'st not greed that makes people gamble despite the fact that they are already losing a lot of money, we called that stupidity and if we don't learn to discipline ourselves, we might pay the price.

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October 22, 2019, 02:13:47 PM
 #22

certain games has thier own different edges  . some games have lower edges and makes it easier for you to win while there are games that have higher edge and its hard to win on them so basically people just go for the lower edge one and not trying all of the games but spending to much in one game is possible . greed is difficult to control in gambling  but we have our own strategy to possibly limit our selves from playing . my strategy is simple . i just withdrew all my balance if i want to stop and then depo again if i have a spare cash which usually occurs after a week or two
This is good you know how to manage your money when it comes to gambling. The best in here to restrain ourself at a small loss is spend on what you can afford only. Never risks all your hard earn money in gambling if doing that you will end up losing all. A reminder to always control our emotions and not to be greedy at all times.
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October 22, 2019, 03:21:30 PM
 #23

It's hard to just give up, people persistent in gambling that day, so they can't just tell themselves they'll try tomorrow. Why is this difficult? Is it because of greed?

That's because of lack of self control, it'st not greed that makes people gamble despite the fact that they are already losing a lot of money, we called that stupidity and if we don't learn to discipline ourselves, we might pay the price.
^ Definitely right, we must discipline first our selves towards gambling and avoid to become addicted to it. That was the one factor of gamblers keep going to gambling because they are chasing what they had a loss and hoping that they can manage and recover loses.
The problem as gamblers we are too much having emotion once we lose and probably we are out of our mind and possible cause, can't control our selves. Nevertheless, before starting in gambling you should know the consequences.
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October 22, 2019, 03:44:42 PM
 #24

It often happens that people go out to play a variety of games of chance with a certain amount of money, but in the end they spend everything if they are gone. How to prevent which technique you base yourself on to spend no further. It's hard to just give up, people persistent in gambling that day, so they can't just tell themselves they'll try tomorrow. Why is this difficult? Is it because of greed?

Setting up a budget is important to control your losses. Plan in advance how much money you would be willing to put on the table and what kind of table you would like to go for. I have seen my friends carrying credit cards and going in debt under the excitement of a casino. Play safe, play smart and control your risks
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October 22, 2019, 03:47:29 PM
 #25

It often happens that people go out to play a variety of games of chance with a certain amount of money, but in the end they spend everything if they are gone. How to prevent which technique you base yourself on to spend no further. It's hard to just give up, people persistent in gambling that day, so they can't just tell themselves they'll try tomorrow. Why is this difficult? Is it because of greed?
It's difficult if you don't have any money management and your goal. It's mean if you already losing some, you should stop it immediatelly and don't deposit anymore. It's also same when you already win some, you should cashed out and stop from gamble before it's too late.
But there are some people who would go big or go home. They won't stop until they can won huge money even it's took high risk to achieve
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October 22, 2019, 03:50:16 PM
 #26

It often happens that people go out to play a variety of games of chance with a certain amount of money, but in the end they spend everything if they are gone. How to prevent which technique you base yourself on to spend no further. It's hard to just give up, people persistent in gambling that day, so they can't just tell themselves they'll try tomorrow. Why is this difficult? Is it because of greed?

Bring plenty of money on the casino day and do budget your spending. Do not succumb under the thrill of the casino and play your hands safe. Know your fellow competition and don't get eluded with their game play. Dont spend on credit card , else expect a debt soon if you keep going like this
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October 22, 2019, 04:38:39 PM
 #27

For me, its all about self-control or controlling your emotions. When I'm betting online or in a regular casino, I always set money ( budget), and also I have some plans when if I win or lose. When I win, I always keep and save the 50% profit and add the other percentage to my wages. But when I lose, I continue playing and try my best and luck until I have the six losing streak and stop. The other reason so that you can stop, losing a vast amount of money that you can't afford to lose and promise to your self that you won't repeat it. Smiley
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October 22, 2019, 04:41:32 PM
 #28

It often happens that people go out to play a variety of games of chance with a certain amount of money, but in the end they spend everything if they are gone. How to prevent which technique you base yourself on to spend no further. It's hard to just give up, people persistent in gambling that day, so they can't just tell themselves they'll try tomorrow. Why is this difficult? Is it because of greed?
This isn't greed or something as over expectation. I have experienced it several times, and I'll describe one such incident. I had 590 xrp in the wallet. My plan was to change it to 600 xrp. In the first attempt of playing to reach placing a 10 xrp bet I failed. This made the 590 xrp go 580. Further with small max winning probability I placed the same bet. This way the bets went on, and I never touched 600 xrp and started increasing the bet value. Finally ended with 120 xrp. This isn't greed, this is lack of control.

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October 22, 2019, 04:53:57 PM
 #29

It often happens that people go out to play a variety of games of chance with a certain amount of money, but in the end they spend everything if they are gone. How to prevent which technique you base yourself on to spend no further. It's hard to just give up, people persistent in gambling that day, so they can't just tell themselves they'll try tomorrow. Why is this difficult? Is it because of greed?
This isn't greed or something as over expectation. I have experienced it several times, and I'll describe one such incident. I had 590 xrp in the wallet. My plan was to change it to 600 xrp. In the first attempt of playing to reach placing a 10 xrp bet I failed. This made the 590 xrp go 580. Further with small max winning probability I placed the same bet. This way the bets went on, and I never touched 600 xrp and started increasing the bet value. Finally ended with 120 xrp. This isn't greed, this is lack of control.
It seems that you didn't touch your target profit. I think you let your emotions conquer you and you are only thinking about reaching your target quota.
Considering some factors when you play can help you win. Imagine you lose most of your XRP for just 10 XRP profit. It must be a lesson learned to you.

Sometimes being contented with the holdings you have can make the situation go smoothly.

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October 22, 2019, 05:40:26 PM
 #30

It's about your beliefs and what you know. For example I know that is impossible to win on the long term in gambling. As a matter of fact I tell myself that more rounds played = less chances to win. So this is why I always play for fun and not for anything else & I always know my spending limit. Btw that is called budgeting, not risk management. I allocate for example a percentage of my wage to gambling activities each way if I feel the need to and then I stay in that limit because it is for fun.
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October 22, 2019, 08:01:50 PM
 #31

Accept it,yes you lost it but you can't change the things which happened and trying again will make more losses so we need to tell ourselves that its not our day and move on from the lost.Basically build your self control more over your greed.
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October 22, 2019, 08:49:31 PM
 #32

We all have different methods on doing it but I think the easiest way is to accept your lost and try to think clearly calm yourself.
I usually do it by listening to music so I could calm myself in the worst scenarios.

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October 23, 2019, 06:31:46 AM
 #33

I think that will depend on how those person is controlling himself in gambling. That person needs to know that gambling is very luring, and it can attract us to the deeper of the gambling itself. It requires a strong effort to control ourselves not to play more after we lose some money. That could be because of greed because when people are winning, they will want to make another winning. That happens too if they lose the money, they will recover their losses, which will hard to do.

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October 23, 2019, 06:43:31 AM
 #34

We all have different methods on doing it but I think the easiest way is to accept your lost and try to think clearly calm yourself.
I usually do it by listening to music so I could calm myself in the worst scenarios.

not only it calm your self but it can also boost your confident level when you play  . you dont think twice if what side will you roll or what payout will you play or how many cryptos will you bet but all of those can come naturally  which is good because it does not make you a stressful gambler .  playing with a background music is really a good idea but you should also choose the appropriate genre  .  upbeat music is a good choice but avoid those slow/sad songs
.
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October 23, 2019, 11:34:23 AM
 #35

It often happens that people go out to play a variety of games of chance with a certain amount of money, but in the end they spend everything if they are gone. How to prevent which technique you base yourself on to spend no further. It's hard to just give up, people persistent in gambling that day, so they can't just tell themselves they'll try tomorrow. Why is this difficult? Is it because of greed?
Based on my experienced, it is easy for me to restrain myself from spending huge amount of money in gambling by controlling myself not to be greedy and limiting the amount of money that i should only spend in playing poker because if you don't limit yourself in spending money you would get greedy and it will be difficult for you to stop playing that will result losing a huge amount of money.
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October 23, 2019, 11:58:50 AM
 #36

You can prevent yourself from spending too much by bringing a certain amount of money, if you lose then nothing is left and you cant spend further since your money is limited.

Greed is the reason why a gambler is tempted to keep trying even he is losing his money, he want to chase the losses hoping to get it back.

Self discipline is important and dont expect to win, accept if you lose and move on.
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October 23, 2019, 12:51:56 PM
 #37

You can prevent yourself from spending too much by bringing a certain amount of money, if you lose then nothing is left and you cant spend further since your money is limited.

Greed is the reason why a gambler is tempted to keep trying even he is losing his money, he want to chase the losses hoping to get it back.

Self discipline is important and dont expect to win, accept if you lose and move on.
I think the point is financial management, if you want to quit while you still have a balance in your gambling account then you will continue to playing.
Use the right amount of money to deposit, so that when your money runs out you will not continue to play again. Yeah discipline is the most important thing, it is a trait that must be possessed by gamblers. Without discipline the plan you make will be useless. and don't forget to know the risk that losses are a natural thing to happen to all gamblers.
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October 23, 2019, 01:31:58 PM
 #38

It's pretty similar to how some people treat trading. People think they'll be able to "earn back" whatever they lost, but they don't realize that the odds are against them and people often risk everything in an attempt to earn back losses, which can end in a total loss. It's important to realize that lost money is lost, and you're really not making that money back; you're making more money. If you know you don't have good self-control, just don't gamble. There's a ton of other things to do in this world that aren't nearly as risky.
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October 23, 2019, 01:51:31 PM
 #39

...Greed is the reason why a gambler is tempted to keep trying even he is losing his money, he want to chase the losses hoping to get it back....
I would not put on a par greed and sports excitement. These are completely different sides of gambling. You can not call a excitement person greedy, as well as vice versa.

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...Next Generation Crypto Casino...
Reatim
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October 23, 2019, 02:11:20 PM
 #40

You can prevent yourself from spending too much by bringing a certain amount of money, if you lose then nothing is left and you cant spend further since your money is limited.
Though this was being mentioned several time above you yet this is the most effective way to prevent being loser of bigger amount
Quote
Greed is the reason why a gambler is tempted to keep trying even he is losing his money, he want to chase the losses hoping to get it back.
Greed was always being blamed from the losing and addicting but the truth is greed won’t exist if the person don’t put themselves into this situation because gambling is very provocative and many lose by challenging ho to defeat the eagerness
Quote
Self discipline is important and dont expect to win, accept if you lose and move on.
That’s very hypocritical word that “Don’t expect to Win” when we were in gambling better say expect to win but also expect being loser

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