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Author Topic: How to restrain yourself at a small loss and not spend money.  (Read 2185 times)
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November 01, 2019, 07:10:31 PM
 #181

Stopping yourself is very hard once you start to lose a small amount of money in your bankroll. The best way to avoid spending most of your money is to bring an amount that you can afford to lose and by doing that you will not force yourself to spend any amount that you might regret spending later.

Having a self-control is very important to someone who's having a patience problem especially in gambling and trading.
This problem with your patience always turned you out to be more aggressive when you lose amount that you can't afford to forget. Instead of quitting you will going to proceed and deposit more, making things more complicated and placing you to bankruptcy. All you need to have is good control with your attitude, don't set your mind that you are able to recover your loses if you still have money to use to continue your game.
In order to stay safe of loss and pain, it is best for a gambler to play with that much amount only which, if lost would hardly affect him in any way. The amount of bet matters the most. It is not easy to stay calm when a good number of bucks are lost. Gambling is more addictive than you can imagine because it involves money. Everyone wants more by doing less and recover all the losses, which is not possible but gamblers do try.
That's the very example of emotional gambling, once you keep trying to recover your loses you will engaged yourself to a great danger of becoming addicted. As a good response to this matter, having a limited bankroll will have such impact. You can't continue if you don't have anything left inside your wallet, better than have a lots of bankroll and ends you up into complete bankruptcy.
Yeah but for this, you must find a true friend who can give you the right suggestion most of the Time people get jealous and gives bad ideas that's why we should only choose the right game and to stop at on right time. When you are feeling that you are looking more than your limited amount then you should stop at once but much better to make limits before getting into gambling.
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November 01, 2019, 07:31:58 PM
 #182


The fact that gambling itself is addictive thing , I feel there's no way to prevent such actions / emotions to go allin in the end instead betting with small amount only as it planned before.

The addiction sometimes come when one had won some games at the early stage of getting into gambling, there will come the expectation  after a while that other times will come as one plays, It get more difficult to stop when one realized how he had been spent so much and at least get a win a long time. Gambling give higher risk to try anything and thats how we some across a lot of gambling game and invention such as cock fight etc.

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November 01, 2019, 07:39:07 PM
 #183

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?
So you won't to prevent spending all your money when you go out to play game of chances? Well its really simple. Just take the amount of coins you are willing to spend. That is it. If you don't have extra money with you, you won't be overspending when gambling, right?
Its hard to give up because of greed. They think they can get rich real quick within a short period of time.

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November 01, 2019, 08:17:30 PM
 #184

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?
Definitely that's because of greed and also trying to cut back their losses. I have also lost many a times whole of my bankroll just trying to earn few cents over a dollar and lost all the bankroll chasing that bad decision. What I try to do is I decide the amount that I am gonna risk right before starting the session and if I lose then I just go out or do something else,but never chase that loss.
Yes. We often make losses most of the time because of our own greed. We should not tolerate being greedy because if we do, we will keep on losing all the time. What i always do is to set an amount that i can afford to lose so that when i gamble and lose my money, it won't affect me that much. I try not to chase all my losses because it won't still do good. Instead, i just go home and gamble again on the other day.
Being greedy means that you could not control your emotions and always try to get more and more money which will make you to chase your losses all the time which is totally loss, and I do not think that controlling your greed will make you loss but instead it will keep you away from further damages to your economy, so just think once before taking any decision about gambling.
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November 01, 2019, 09:35:50 PM
 #185

Yes it is greed or lust that cannot be controlled and it is a carelessness when betting, and that is the main problem in gambling. But when we play with full control then at least we will not spend all the money on the same day and to stop will not be something that is difficult to do, because problems like this will be easy to avoid when we have self-control and also a good mindset.

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November 01, 2019, 10:22:04 PM
 #186

Yes it is greed or lust that cannot be controlled and it is a carelessness when betting, and that is the main problem in gambling. But when we play with full control then at least we will not spend all the money on the same day and to stop will not be something that is difficult to do, because problems like this will be easy to avoid when we have self-control and also a good mindset.
There is one thing we need to think first, are we doing good in gambling? Cause if not, we can't easily escape from reality. We are all living with that greed but somehow we can't able to control this cause it is really influencing and mostly it dictates to our mind. The bad thing is that it results in no good at all, instead, it gives losses all the time.

What makes common in gambling is that people never give concern about how much they lose but rather to seek the possible amount win. Of course, I don't want to remember my losses but rather to count my wins to give my self courage and keep gambling.
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November 01, 2019, 10:24:48 PM
 #187

I had a friend that smashed the wall with his right hand at every loss.
He usually stopped after breaking some bones.

it was super painfull way to avoid bigger losses, but quite effective for him.

[I still find it a bit stupid)

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November 01, 2019, 10:26:28 PM
 #188

 A small loss would be money spare and only that.   If you lose profits then that also is a fair gamble, the worst loss and not acceptable as a choice is gambling money that is not spare or available to risk as a loss.
    Thats how to keep losses spare, only gamble the money you are not using.   The biggest danger is on pay day from bad budgeting of money, I would advise only forwarding a small amount from wages to the gamble account.   If you use a set amount each week, even when you may not gamble that week you are giving yourself a set allocation to get lucky or not.   When the gamble account is no longer funded then you leave the tables, since you are never manually funding the account there is no choice to mistake how much you might pay in.    

 Basic advice would be then, separate the time you gamble from the setup of your gamble money.   If you budget everything together then it would be weighed against the worth of money needed for food, energy, clothes, travel and so on.   You are not as likely to spend too much when being sensible in allocation, do not gamble at the same time as deciding this fixed amount to pay to transfer every week.   When you gamble, never pay in at that time and if the account has no money you must wait for the next week when its funded automatically.

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November 01, 2019, 10:33:58 PM
 #189

The first rule in gambling is to limit your money. Use some money you can afford to lose, not more or less. You should have control yourself in gambling because the lure to get a win will bigger, especially if you lose. You will hear a sound in your ear that keeps whispers you to continue even if you lose some little money. If you decide to continue, you will lose again. But if you stop at that time, you can prevent another loss.

I think you have a good point, that is not only for gambling but also can apply on trading our assets. Always remember that our bet, invest, stakes etc are directly proportional on how much we gain or lose.
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November 01, 2019, 11:04:05 PM
 #190

The first rule in gambling is to limit your money. Use some money you can afford to lose, not more or less. You should have control yourself in gambling because the lure to get a win will bigger, especially if you lose. You will hear a sound in your ear that keeps whispers you to continue even if you lose some little money. If you decide to continue, you will lose again. But if you stop at that time, you can prevent another loss.

I think you have a good point, that is not only for gambling but also can apply on trading our assets. Always remember that our bet, invest, stakes etc are directly proportional on how much we gain or lose.
People never tend to look at that, they keep doing what they think right rather than to point out what went wrong. They keep spending their money even they commit debts cause in their mind is that... for someday they will win big and recover those losses which I don't think if it will happen so. It sounds like gambling might mentally change us and our paradigms towards gambling change as well.
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November 02, 2019, 04:14:09 AM
 #191

-snip-
Well, mostly, it's because of greed. But no particular technique can prevent one to bet more and more and more. The good thing is, there's something that we can do about it—self-discipline.

It may be in the form of limiting the amount of money and time that one will use when he bets. By setting such limitations, one may be reminded that he should stop once that particular quota (whether time or money) has been met. It's not easy, but it's simple.
Yes i agree i also think self discipline is the key to prevent all bad things, i think if s person has a discipline in the first place he/she will not spend and waste money on something that they cant ensure if they can win, well if cant stop itself from playing then it was good to set an limitation to know when to stop but it is possible if the person has also full control to itself.
You're right. Self-discipline is really the key in almost everything so that there will be no unwanted results in the end.

However, we can't deny the fact that having self-discipline is and will always be challenging. With that said, I think it's also better to have someone who knows your gambling activity and will constantly remind you on when to stop or to continue. Just keeping it to ourselves alone may not be very effective. But when we have someone telling us enough is enough, then we'll find it easier to stop and walk away from the temptation brought about by gambling.

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November 02, 2019, 04:30:28 AM
 #192

Greed, most of the time that is the shortest answer. Some say because of efficiency since earning money in gambling is not that hard but the thing is that it is not that easy to get a profit, it is just easy to do it. Discipline is the first answer to the problem. Self-control is another thing but I just hope all you people can afford the money you are gambling.

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November 02, 2019, 01:53:08 PM
 #193

It's a little difficult when we've played and there our emotions and ambitions cannot be resisted. although at first we have rules that have been made when it touches how much we have to stop, but sometimes we ourselves are carried away so that we spend all our money. I often experience this and in the end when we lose we regret it.when not playing we can make rules but when playing there our emotions can not stop
I dint think that it is ever  right to involve emotions in gambling in the first instance,  but sadly,  we all make this mistake several times for one reason or the other and I consider this habit really disturbing because it causes us so much loses and we are never ready to learn sadly

What's the purpose of gambling?

Right, to get excitement and personal enjoyment which are the emotions we are looking after. It makes sense to trade like an emotionless trading war machine since we are there for making profits (while emotions can lead to wrong or suboptimal decisions), but not in gambling. So the whole idea of gambling without emotions kinda beats its very purpose, i.e. to get some emotions when you feel bored and tired

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November 02, 2019, 01:59:00 PM
 #194

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?

There's no techniques that will work once an individual do become addicted in gambling. Because the root cause of becoming an addicted gambler is greed. People wants easy money without undergoing hardwork to become more established and stable in life. They only think gambling can solve financial problems while the reality is It will not do good in the long run. I have seen several gamblers who became broke due to excessive bets and lost of self control in gambling.
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November 02, 2019, 04:51:50 PM
 #195

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?

There's no techniques that will work once an individual do become addicted in gambling. Because the root cause of becoming an addicted gambler is greed. People wants easy money without undergoing hardwork to become more established and stable in life. They only think gambling can solve financial problems while the reality is It will not do good in the long run. I have seen several gamblers who became broke due to excessive bets and lost of self control in gambling.


Couple if ways if people want to avoid getting to be addicted and still want to gambling. It is that first just carry limited money in the wallets as this will help you to just lose minimum amount. Secondly gamble with family as this will put some restriction on you while gambling.

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November 02, 2019, 04:59:56 PM
 #196

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?

I've found that when gambling and playing games of chance, the only way to preserve money and not play until all your money is gone, is to set a pre-determined LIMIT. If you just play until you are tired or run out of money then you will surely run out of it.

By setting a limit on how much you win / lose you are placing a limit on your greed, the thing most important in turning a profit in gambling.

 
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November 02, 2019, 06:20:48 PM
 #197

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?

There's no techniques that will work once an individual do become addicted in gambling. Because the root cause of becoming an addicted gambler is greed

I mostly agree that the self-help techniques are useless in case of real addiction

As people who could help themselves wouldn't become addicts in the first place. With that said, though, I can't agree that greed is at the root of the gambling addiction. Addiction works on a physiological level (think a knee-jerk reaction here) while greed is an entirely conscious phenomenon

If greed were indeed the cause of this kind of addiction, then losing enough would suffice to understand that you can't win, and thus you would soon stop gambling in pretty much the same way people quit trading after being disappointed by recurrent losses. But since this is not the case, greed cannot possibly make you into a gambling addict

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November 02, 2019, 06:21:22 PM
 #198

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 in fact mostly because they win. When you lose each time, you'll give up because you never win anything. You'll think it's just a losing game and move on. But when you win small gains from time to time, you'll go on.

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November 03, 2019, 10:30:17 AM
 #199

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?

There's no techniques that will work once an individual do become addicted in gambling. Because the root cause of becoming an addicted gambler is greed. People wants easy money without undergoing hardwork to become more established and stable in life. They only think gambling can solve financial problems while the reality is It will not do good in the long run. I have seen several gamblers who became broke due to excessive bets and lost of self control in gambling.

you can say that getting rid of gambling after falling to its addiction is a lot difficult than many of us can understand. Nothing is impossible but certain tasks are difficult to the level of impossible. A gambler can turn his back on to gambling anytime he likes to, it is just a matter of strong will. Majority lacks this and these are the people who eventually lose everything and live a painful life.

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November 03, 2019, 02:17:20 PM
 #200

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 in fact mostly because they win. When you lose each time, you'll give up because you never win anything. You'll think it's just a losing game and move on. But when you win small gains from time to time, you'll go on.
That is a so-called cause and effect relationship. Basically, it affects everyone who's thinking "keep trying " and lose again...
Some people don't understand how gambling affects our mindset. Though we are into positive of winning and getting back our losses, it is also a reason why we always been like to gamble again and again. It is really difficult to step back and leave in gambling when in our minds still on the set and wants to risk again for a chance to win.
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