Wagering More or Wagering Less

[chaser15]

The fact that you are playing for long term in a gambling site, that means you trust the site, and that means you believe they are reputable.
An easy way to manage the risk is just don't put a big deposit that you will just let it stay, just do a regular deposit/withdrawal transaction after every gambling session.

As you have mentioned, the site is reputable. No harm if these players will put some big amount.

They will save more fees if the deposit and withdrawal won't be done regularly especially if they are after the wagering requirements.

The excitement is getting intense if these players are already closed to achieving their target.

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[FontSeli]

I still trying to manage the risk by preventing myself to play for a long time in one gambling website.

The fact that you are playing for long term in a gambling site, that means you trust the site, and that means you believe they are reputable.
An easy way to manage the risk is just don't put a big deposit that you will just let it stay, just do a regular deposit/withdrawal transaction after every gambling session.

Withdrawing money after each game session is not very reasonable. You will constantly lose some of your money to pay commissions.
If I manage to win today, I do not withdraw the money and leave it for the next time. The only exception is when I win large amounts of money, which is rare.

[arwin100]

I still trying to manage the risk by preventing myself to play for a long time in one gambling website.

The fact that you are playing for long term in a gambling site, that means you trust the site, and that means you believe they are reputable.
An easy way to manage the risk is just don't put a big deposit that you will just let it stay, just do a regular deposit/withdrawal transaction after every gambling session.

Withdrawing money after each game session is not very reasonable. You will constantly lose some of your money to pay commissions.
If I manage to win today, I do not withdraw the money and leave it for the next time. The only exception is when I win large amounts of money, which is rare.

Right especially by now the withdrawal fee is so high to due network then for sure constant doing this will result to negative output if you count it. But actually I'm doing thus before when network is fine and for now since their is constant changes I put a threshold so if my target reach I'm ready to withdraw my funds it save me from fee's as well the hassle for doing a withdrawals from time to time.

[StephenJH]

Withdrawing money after each game session is not very reasonable. You will constantly lose some of your money to pay commissions.
If I manage to win today, I do not withdraw the money and leave it for the next time. The only exception is when I win large amounts of money, which is rare.

Right especially by now the withdrawal fee is so high to due network then for sure constant doing this will result to negative output if you count it. But actually I'm doing thus before when network is fine and for now since their is constant changes I put a threshold so if my target reach I'm ready to withdraw my funds it save me from fee's as well the hassle for doing a withdrawals from time to time.

What about cheap altcoin withdrawals? I usually withdraw my winning from Stake and other gambling platforms because I hate to chase the possible loss after the chain of loss. For XRP transactions, I pay around 0.0001 XRP fee:

Your withdrawal will have 0.0001 XRP subtracted from your remaining balance to cover the transaction fee.

If I made a 40% profit in a day, looking in the profit is my best strategy to prevent over gambling.
Regarding the network congestion and high withdrawal fees, FortuneJack has announced the withdrawal fee will not be deducted from the final transaction amount and they will cover all fees for both deposits&withdrawals. This is a perfect example of how to manage the problem on gambling platforms and big boys never hide behind the excuses

[FontSeli]

I still trying to manage the risk by preventing myself to play for a long time in one gambling website.

The fact that you are playing for long term in a gambling site, that means you trust the site, and that means you believe they are reputable.
An easy way to manage the risk is just don't put a big deposit that you will just let it stay, just do a regular deposit/withdrawal transaction after every gambling session.

Withdrawing money after each game session is not very reasonable. You will constantly lose some of your money to pay commissions.
If I manage to win today, I do not withdraw the money and leave it for the next time. The only exception is when I win large amounts of money, which is rare.

Right especially by now the withdrawal fee is so high to due network then for sure constant doing this will result to negative output if you count it. But actually I'm doing thus before when network is fine and for now since their is constant changes I put a threshold so if my target reach I'm ready to withdraw my funds it save me from fee's as well the hassle for doing a withdrawals from time to time.

I don't gamble very often. Mostly I do it in the mood to relax over a bottle of beer. However, I rarely withdraw money from online casinos. I can only do this with the goal of never playing there again. Or sometimes I withdraw when I win a lot, which is not as often as I would like. 

[pixie85]

If we measure the normal win rate of 49% wagering more will not give you more profit.

If you take into account the small chance of winning a jackpot it's better but still not great.

Add that playing more gets you income from other sources like competitions, referrals, rakeback and it can be profitable to play more but you have to be smart about it.

[michellee]

I still trying to manage the risk by preventing myself to play for a long time in one gambling website.

The fact that you are playing for long term in a gambling site, that means you trust the site, and that means you believe they are reputable.
An easy way to manage the risk is just don't put a big deposit that you will just let it stay, just do a regular deposit/withdrawal transaction after every gambling session.

But we don't have to play gambling every day on that site just because that gambling site is a trusted site. We cannot risk our money by playing gambling, especially with bigger money.
Yes, with that way, I am sure that we can reduce the risk, and we can manage our money that has been used to playing gambling. When we can win some money, it is better to withdraw the win money, and keep the initial money in our account but don't keep it in big money.

[FontSeli]

If we measure the normal win rate of 49% wagering more will not give you more profit.

If you take into account the small chance of winning a jackpot it's better but still not great.

Add that playing more gets you income from other sources like competitions, referrals, rakeback and it can be profitable to play more but you have to be smart about it.

I've always been sure that you can't beat a casino over a long distance. All its bonuses, points for the number of games, and so on are designed to create the illusion of the possibility of additional earnings.
I do not seek to receive accompanying bonuses. I just play and have a good time.

[South Park]

If I was given the option to play at a gambling with no bonus/promotions but a trusted site, I will choose it on a site which is new and not trusted but given a lot of promotions.
If there are two trusted sites and one is giving more bonus, I will not leave the site only for the bonus where i am used to play.

That's your choice, everyone has but for me I'll never risk my money playing in a new site even if they have a lot of good promotion, maybe because I am not actively participating in bonuses or promotions, I just want to have fun and gamble during my free time.

And another reason to not let the bonuses and promotions offered by a casino to be the main factor in deciding if you're going to play there or not is that for the most part those bonuses come with strings attached that for the most part are impossible for the average player to fulfill in a timely manner, for example one of the most common conditions is to have to bet the bonus that you receive a certain amount of times before you are able to withdraw your money and that is a condition that I do not like at all because I like to be able to withdraw my money from the casino as soon as possible since I do not like the idea of letting my bitcoin sitting for a long time in a wallet other than my own.

[boyptc]

Everyone knows that houses will win most of the time but still people are wagering and taking part in wagering competitions. People do get REKT but they still take risks because the winning amount is too much attractive.

And that's how effective they are.

We wager more for specific reasons and this is included with that reason. The other reason why we gamble more is when we feel that we've lost that much.

This makes us get more of it and this is a normal act for gamblers.

[noormcs5]

Everyone knows that houses will win most of the time but still people are wagering and taking part in wagering competitions. People do get REKT but they still take risks because the winning amount is too much attractive.

And that's how effective they are.

We wager more for specific reasons and this is included with that reason. The other reason why we gamble more is when we feel that we've lost that much.

This makes us get more of it and this is a normal act for gamblers.

It is never a good move to go all in or wager more when you are losing more. Many people think that if they gamble more after losing, to recover their loses they will lose more. The best way is to stop the gambling and start it again on a fresh day with a fresh mind. This way you have more chances of winning.

[boyptc]

Everyone knows that houses will win most of the time but still people are wagering and taking part in wagering competitions. People do get REKT but they still take risks because the winning amount is too much attractive.

And that's how effective they are.

We wager more for specific reasons and this is included with that reason. The other reason why we gamble more is when we feel that we've lost that much.

This makes us get more of it and this is a normal act for gamblers.

It is never a good move to go all in or wager more when you are losing more. Many people think that if they gamble more after losing, to recover their loses they will lose more. The best way is to stop the gambling and start it again on a fresh day with a fresh mind. This way you have more chances of winning.

You will never know how others feel when they do that.

We don't know that some were successful retrieving their losses but it's a fact that many losses more.

[noormcs5]

Everyone knows that houses will win most of the time but still people are wagering and taking part in wagering competitions. People do get REKT but they still take risks because the winning amount is too much attractive.

And that's how effective they are.

We wager more for specific reasons and this is included with that reason. The other reason why we gamble more is when we feel that we've lost that much.

This makes us get more of it and this is a normal act for gamblers.

It is never a good move to go all in or wager more when you are losing more. Many people think that if they gamble more after losing, to recover their loses they will lose more. The best way is to stop the gambling and start it again on a fresh day with a fresh mind. This way you have more chances of winning.

You will never know how others feel when they do that.

We don't know that some were successful retrieving their losses but it's a fact that many losses more.

Only the losers who have lost their money in gambling knows the feeling of it and others cannot have the same pain. People wager more  to cover their loses because they can control their sad feelings and in return lose more money. There are no counselors for gambling who can guide on how to control in gambling.

[Juggy777]

Everyone knows that houses will win most of the time but still people are wagering and taking part in wagering competitions. People do get REKT but they still take risks because the winning amount is too much attractive.

And that's how effective they are.

We wager more for specific reasons and this is included with that reason. The other reason why we gamble more is when we feel that we've lost that much.

This makes us get more of it and this is a normal act for gamblers.

It is never a good move to go all in or wager more when you are losing more. Many people think that if they gamble more after losing, to recover their loses they will lose more. The best way is to stop the gambling and start it again on a fresh day with a fresh mind. This way you have more chances of winning.

You will never know how others feel when they do that.

We don't know that some were successful retrieving their losses but it's a fact that many losses more.

Only the losers who have lost their money in gambling knows the feeling of it and others cannot have the same pain. People wager more  to cover their loses because they can control their sad feelings and in return lose more money. There are no counselors for gambling who can guide on how to control in gambling.

Gambling addiction is real and no one can deny it, however at the end of the day we gamblers need to learn the art of self discipline and stop chasing our looses. @noormcs5 the best people to guide a gambler are his family, his friends or fellow gamblers out here, also I’m leaving few links below in case anyone needs more help then they can visit those sites and seek further help.

Sources:

https://gamblinghelp.org/

https://www.ncpgambling.org/

https://www.helpguide.org/

https://www.gamblingsites.org/blog/3-ways-to-chase-losses-without-destroying-your-bankroll/

https://www.psychguides.com/behavioral-disorders/gambling-addiction/how-to-help/

https://www.gamblingsites.com/online-casino/beginners/self-discipline/

[bitcoinst]

This is completely wrong. Any casino provides a game in any game with a minimal expectation. Therefore, the longer a player plays, the more he loses.

However, the casino offers a trick, jackpots and other random large winnings which, if successful, will be given to one out of a million people,all the rest will continue to lose,
impressing on the success of that one person who won the jackpot.

[deisik]

impressing on the success of that one person who won the jackpot.

Lottery organizers have perfected this art

The winners in lottery are widely and wildly advertised, they make headlines and talking points in the news, they are welcome guests on TV shows. No one wants to talk about thousands and thousands who failed to make it. This inevitably skews and distorts your perception, and makes you fall for the seeming easiness of winning a lottery or jackpot. If someone like you has been lucky, you should be at least as lucky, right?

[virasog]

impressing on the success of that one person who won the jackpot.

Lottery organizers have perfected this art

The winners in lottery are widely and wildly advertised, they make headlines and talking points in the news, their happy faces are welcome in TV shows. No one wants to talk about thousands and thousands who failed to make it. This inevitably skews and distorts your perception, and makes you fall for the seeming easiness of winning a lottery or jackpot. If someone like you has been lucky, you should be at least as lucky, right?

This is called business. If you are doing any business who will only present the brighter side of your service or product and will try to hide the darker side. Gambling sites will never disclose that how many people have lost from gambling and they will also not tell that how much the casino has made profit from people losing. Instead they will only tell you the big wins from the players which are very few in number.

[deisik]

impressing on the success of that one person who won the jackpot.

Lottery organizers have perfected this art

The winners in lottery are widely and wildly advertised, they make headlines and talking points in the news, their happy faces are welcome in TV shows. No one wants to talk about thousands and thousands who failed to make it. This inevitably skews and distorts your perception, and makes you fall for the seeming easiness of winning a lottery or jackpot. If someone like you has been lucky, you should be at least as lucky, right?

This is called business. If you are doing any business who will only present the brighter side of your service or product and will try to hide the darker side. Gambling sites will never disclose that how many people have lost from gambling and they will also not tell that how much the casino has made profit from people losing. Instead they will only tell you the big wins from the players which are very few in number

It's a difference that makes the difference

And you know where it lies? In a casino you could actually win. I'm not even talking about using complex approaches aiming at beating the house edge and squeezing whatever small profits you can take home at the end of the day. Even when you toss a coin, your chances are 50%, i.e. you will be winning in half of all the flips. Indeed, there's the house edge in a casino. But then you will be winning in a little fewer rolls, like 49 out of 100 on average (if we are talking about dice on x2 multiplier as the simplest setup). The point is that the luck is there, and it is for real

[virasog]

impressing on the success of that one person who won the jackpot.

Lottery organizers have perfected this art

The winners in lottery are widely and wildly advertised, they make headlines and talking points in the news, their happy faces are welcome in TV shows. No one wants to talk about thousands and thousands who failed to make it. This inevitably skews and distorts your perception, and makes you fall for the seeming easiness of winning a lottery or jackpot. If someone like you has been lucky, you should be at least as lucky, right?

This is called business. If you are doing any business who will only present the brighter side of your service or product and will try to hide the darker side. Gambling sites will never disclose that how many people have lost from gambling and they will also not tell that how much the casino has made profit from people losing. Instead they will only tell you the big wins from the players which are very few in number

It's a difference that makes the difference

And you know where it lies? In a casino you could actually win. I'm not even talking about using complex approaches aiming at beating the house edge and squeezing whatever small profits you can take home at the end of the day. Even when you toss a coin, your chances are 50%, i.e. you will be winning in half of all the cases. Indeed, there's the house edge. But then you will be winning in a little fewer than half of all rolls (if we are talking about dice on x2 multiplier). The point is that the luck is there for real

I understand that luck is there and a 50% chance does give you a 50 Percent chance of a Win. But the point is that we play many times with small amount of money. So even if we won few times, we lose equal number of times. If you play more, the chances for you to be in overall loss are greater. Another reason is that people wager more because they think that by doing this they will recover their pervious loses.

[carlfebz2]

It's a general perception that if we gamble more, we can get more profit. Also we see gambling sites offering wagering competitions. The more you wager, you become eligible for a reward or prize money.

What's your though on this ?   Wagering more makes you win more money in gambling?

Worthy if you do have lesser bankroll on where you do able to wager more in spite of lacking of capital since you do able to withstand the game but it all varies because when you do profits
you cant still be sure that you would end up on cashing it out or losing it all in the end where it do shows the same story.

In talks of big capital and setting it on high odds of winning then expect that house edge will surely be felt. Come to think and consider that 1-2% house edge in most dice sites
will really give out impact on the capital but of course, you can see it when you make yourself still on the game and havent been bust up.