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[tbct_mt2]

You're right about that, and even now, most gamblers still act that way. That’s why some people who win millions of dollars stop playing as much; they focus more on how to grow their winnings by putting it into a business instead.

On the other hand, there are winners who don't think that way. After winning a huge amount, they keep playing and even become more aggressive because they probably feel like they’ll never run out of money. But it doesn't work like that as you said, gamblers in this industry are often unlucky in the long run.

Running a business is not easy and it is very risky so if I don't have any experience as a business entrepreneur, I will not use my money to do that, no matter my money is from a lottery win or a big bet win. It's because I am aware of high risk and I know that I will lose my money very easily by making my own business start-up without any knowledge, experience and necessary management skils.

If I win big from bets, and no longer want to bet with most of my money, I will use most of it for investment in Bitcoin. I am quite sure that invest money in Bitcion is more easily and even more profitable than starting up any business. Less risk while profit is quite sure in long term, so why do I need to take risk by launching a company.

[Taskford]

You're right about that, and even now, most gamblers still act that way. That’s why some people who win millions of dollars stop playing as much; they focus more on how to grow their winnings by putting it into a business instead.

On the other hand, there are winners who don't think that way. After winning a huge amount, they keep playing and even become more aggressive because they probably feel like they’ll never run out of money. But it doesn't work like that as you said, gamblers in this industry are often unlucky in the long run.

Running a business is not easy and it is very risky so if I don't have any experience as a business entrepreneur, I will not use my money to do that, no matter my money is from a lottery win or a big bet win. It's because I am aware of high risk and I know that I will lose my money very easily by making my own business start-up without any knowledge, experience and necessary management skils.

If I win big from bets, and no longer want to bet with most of my money, I will use most of it for investment in Bitcoin. I am quite sure that invest money in Bitcion is more easily and even more profitable than starting up any business. Less risk while profit is quite sure in long term, so why do I need to take risk by launching a company.

Actually you can do something to learn and gain experience. Maybe joining seminars and other helpful things to boost your knowledge is helpful.

But you can hire knowledgeable people to work with you then learn from them especially if you want to build a casino or any related businesses. If you get afraid and do nothing there's a chance that your winnings will gone in future and you might regret that you didn't do anything to possibly gain something from those unexpected wealth you have gained.

Also well people have different preferences, but one things is for sure people will provably came back playing especially if they used to gamble here or maybe on other online casinos.

[tbct_mt2]

Actually you can do something to learn and gain experience. Maybe joining seminars and other helpful things to boost your knowledge is helpful.

But you can hire knowledgeable people to work with you then learn from them especially if you want to build a casino or any related businesses. If you get afraid and do nothing there's a chance that your winnings will gone in future and you might regret that you didn't do anything to possibly gain something from those unexpected wealth you have gained.

Also well people have different preferences, but one things is for sure people will provably came back playing especially if they used to gamble here or maybe on other online casinos.

I understand it and let's say again but perhaps more clearly.

There are three approaches if no longer want to bet more, after getting big money from your luckiness somehow like from gambling, investment or trading. First approach is don't do anything, just keep the money. Second approach is trying to launch your start-up and it's risky. Third approach is investment it into something safe like Bitcoin as I recommended.

Among these three approaches, the safest one is keeping the money and don't do anything while if the target is increasing this fund, let's choose to invest it in Bitcoin. Making a business is not my favorite choice, not the first one, not the second one, but the last one I will do. Anyway, it does not mean I am right and you or others are wrong, people are different in favorites and capability, I just choose one that matches with me and works best for me.

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[serjent05]

You're right about that, and even now, most gamblers still act that way. That’s why some people who win millions of dollars stop playing as much; they focus more on how to grow their winnings by putting it into a business instead.

On the other hand, there are winners who don't think that way. After winning a huge amount, they keep playing and even become more aggressive because they probably feel like they’ll never run out of money. But it doesn't work like that as you said, gamblers in this industry are often unlucky in the long run.

Running a business is not easy and it is very risky so if I don't have any experience as a business entrepreneur, I will not use my money to do that, no matter my money is from a lottery win or a big bet win. It's because I am aware of high risk and I know that I will lose my money very easily by making my own business start-up without any knowledge, experience and necessary management skils.

Just like the earlier reply stated, attending seminars and workshop is not a bad thing.  Attending schools on specific trade that you are interested is also a very good source of knowledge about your intended business. 

I would not suggest hiring people to manage the business because not all people are passionate about their job and they are just there to earn money at a very least effort.  Unless knowledge about the business is established, one can put hiring people to manage his business at a very least priority.

If I win big from bets, and no longer want to bet with most of my money, I will use most of it for investment in Bitcoin. I am quite sure that invest money in Bitcion is more easily and even more profitable than starting up any business. Less risk while profit is quite sure in long term, so why do I need to take risk by launching a company.

This is a good move especially bitcoin now aday is dipping.  With a huge amount of money won, I think there would be no problem stockpiling BTC until the bull market take over without anyproblem with daily necessities.

[Rruchi man]

You're right about that, and even now, most gamblers still act that way. That’s why some people who win millions of dollars stop playing as much; they focus more on how to grow their winnings by putting it into a business instead.

On the other hand, there are winners who don't think that way. After winning a huge amount, they keep playing and even become more aggressive because they probably feel like they’ll never run out of money. But it doesn't work like that as you said, gamblers in this industry are often unlucky in the long run.

Running a business is not easy and it is very risky so if I don't have any experience as a business entrepreneur, I will not use my money to do that, no matter my money is from a lottery win or a big bet win. It's because I am aware of high risk and I know that I will lose my money very easily by making my own business start-up without any knowledge, experience and necessary management skils.

Just like the earlier reply stated, attending seminars and workshop is not a bad thing.  Attending schools on specific trade that you are interested is also a very good source of knowledge about your intended business. 

There is also another very good source of practical knowledge for business, and that is the leverage on the knowledge of another person who has run the same sort of business and failed or who is still in the same business as the business you intend to venture into but will be honest enough to give you some tips about the new business you're about to venture into because they do not see you as competition. There are always people like this except it is a new business, and even if it is a new business, there are still some general business tips you can get from them that will help your new business grow and stand.

This is a good move especially bitcoin now aday is dipping.  With a huge amount of money won, I think there would be no problem stockpiling BTC until the bull market take over without anyproblem with daily necessities.

As you invest, which I think is also a good choice, consider security and safety of your investment as well.

[Taskford]

If I win big from bets, and no longer want to bet with most of my money, I will use most of it for investment in Bitcoin. I am quite sure that invest money in Bitcion is more easily and even more profitable than starting up any business. Less risk while profit is quite sure in long term, so why do I need to take risk by launching a company.

This is a good move especially bitcoin now aday is dipping.  With a huge amount of money won, I think there would be no problem stockpiling BTC until the bull market take over without anyproblem with daily necessities.

This is provably what I consider to happen to, since I'd provably separate some percentage of my winnings to put directly on Bitcoin. But will not spend all I get, since I also want to diversify and explore on other option like launching my business. Yeah its risky but at least we try something and if it fails for sure there are lots of learnings to get to perform more better on next attempt we build another one. Since everything in gambling is not sustainable and we are just enjoying the games we are playing here.

Also what's good about this casino is they already have those games or good promotions that people could enjoy, so gamble and have fun then don't get pressured to hit huge profit since this is stressful situation to think about.

[freedomgo]

The easiest way is to separate your gambling money from your investment money, because those two should be treated differently, even if you’re using the same coin for transactions. That alone already makes things easier as a gambler.

For me, I never think of investing the money I gamble, and I never gamble the money I’ve invested, especially when we’re talking about Bitcoin. A win is not something I plan to save, it’s something I enjoy, because winning doesn’t happen all the time anyway.

[Z_MBFM]

The easiest way is to separate your gambling money from your investment money, because those two should be treated differently, even if you’re using the same coin for transactions. That alone already makes things easier as a gambler.

For me, I never think of investing the money I gamble, and I never gamble the money I’ve invested, especially when we’re talking about Bitcoin. A win is not something I plan to save, it’s something I enjoy, because winning doesn’t happen all the time anyway.

Yes, of course it should be done. Because investment money and gambling money should never be in the same place. In this case, no one will be able to make gambling friends until his funds are exhausted. And if this continues, he will never find funds to invest. So I should never mix gambling funds with investment funds. Gambling is more about emotion than fun, so no risk seems big to emotion. So you should always be careful and clear about financial matters. I have made these mistakes before which have cost me a lot financially.

[Taskford]

The easiest way is to separate your gambling money from your investment money, because those two should be treated differently, even if you’re using the same coin for transactions. That alone already makes things easier as a gambler.

For me, I never think of investing the money I gamble, and I never gamble the money I’ve invested, especially when we’re talking about Bitcoin. A win is not something I plan to save, it’s something I enjoy, because winning doesn’t happen all the time anyway.

Yes, of course it should be done. Because investment money and gambling money should never be in the same place. In this case, no one will be able to make gambling friends until his funds are exhausted. And if this continues, he will never find funds to invest. So I should never mix gambling funds with investment funds. Gambling is more about emotion than fun, so no risk seems big to emotion. So you should always be careful and clear about financial matters. I have made these mistakes before which have cost me a lot financially.

If they do those things like mixing up their gambling and investment funds this will create trouble to them since this is perfect recipe for a possible financial disaster.

So best separate those things and use the amount which they can afford to lose so they won't get any serious problems with their gambling activities.



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[terrific]

The easiest way is to separate your gambling money from your investment money, because those two should be treated differently, even if you’re using the same coin for transactions. That alone already makes things easier as a gambler.

For me, I never think of investing the money I gamble, and I never gamble the money I’ve invested, especially when we’re talking about Bitcoin. A win is not something I plan to save, it’s something I enjoy, because winning doesn’t happen all the time anyway.

That's a good thought about the money that you've won. We're the same with the money that we invest.
We don't have to use and touch that for gambling. But it's opposite for me when it's with the gambling money that I've won.
While the enjoyment is there, it's not that bad if I'll spend a part of it as an addition to the Bitcoin or any holdings that I have.

[serjent05]

The easiest way is to separate your gambling money from your investment money, because those two should be treated differently, even if you’re using the same coin for transactions. That alone already makes things easier as a gambler.

People who are financially literate will certainly do the allocation of fund in diffrent expenses or imvestment.  Separating gambling fund is actually a very good advice and one must stick on the allocated budget as to avoid being drained constantly whenever our gambling session is bad.

For me, I never think of investing the money I gamble, and I never gamble the money I’ve invested, especially when we’re talking about Bitcoin. A win is not something I plan to save, it’s something I enjoy, because winning doesn’t happen all the time anyway.

I do not find any problem on using the won money for investment, and i am inclined to advice that if luck presented itself and the gambler win a very huge amount of money, he must set aside the bigger portion for investment to get another source of income.

[Taskford]

I do not find any problem on using the won money for investment, and i am inclined to advice that if luck presented itself and the gambler win a very huge amount of money, he must set aside the bigger portion for investment to get another source of income.

Actually there's no problem with that decision made as long as they know how to handle those situation. Since if happens that they think about using their investments to fund their gambling activities well they might get a problem for deciding to do that actions.

Its good that they are aware on the consequences of their action to know what's best decision to do.

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[Rruchi man]

People who are financially literate will certainly do the allocation of fund in diffrent expenses or imvestment.  Separating gambling fund is actually a very good advice and one must stick on the allocated budget as to avoid being drained constantly whenever our gambling session is bad.

The ability for people to stick to the budget they have is determined by the amount of discipline that they have. Without discipline, budgeting becomes a complete waste of time and effort.

When we discuss budgeting, there are many gamblers who are interested in it as a way to approach gambling but know they lack the discipline to follow through with it. In such cases, it should be the in the plan of such gamblers to first master discipline before budgeting.

[serjent05]

People who are financially literate will certainly do the allocation of fund in diffrent expenses or imvestment.  Separating gambling fund is actually a very good advice and one must stick on the allocated budget as to avoid being drained constantly whenever our gambling session is bad.

The ability for people to stick to the budget they have is determined by the amount of discipline that they have. Without discipline, budgeting becomes a complete waste of time and effort.

I highly agree, to a gambler, the most difficult thing to maintain is self-control or discipline.  It is because the entertainment, greed, and several factors keep testing our self-control. It is like a dome that was being bombarded by these factors.  If our discipline is weak, we ought to give in to these desires and pleasures.

When we discuss budgeting, there are many gamblers who are interested in it as a way to approach gambling but know they lack the discipline to follow through with it. In such cases, it should be the in the plan of such gamblers to first master discipline before budgeting.

I admit that what you are saying is correct.  Even the most willful gambler sometimes failed to control their gambling activity due to triggers and emotional reactions.  My personal experience can attest to this.

[Forsyth Jones]

I highly agree, to a gambler, the most difficult thing to maintain is self-control or discipline.  It is because the entertainment, greed, and several factors keep testing our self-control. It is like a dome that was being bombarded by these factors.  If our discipline is weak, we ought to give in to these desires and pleasures.
...
I admit that what you are saying is correct.  Even the most willful gambler sometimes failed to control their gambling activity due to triggers and emotional reactions.  My personal experience can attest to this.

Courage is also a determining factor and if you know how to control each of these factors efficiently... but we also depend on the randomness of the game (what some call luck). Every now and then someone is lucky enough to wins a jackpot.

[terrific]

I admit that what you are saying is correct.  Even the most willful gambler sometimes failed to control their gambling activity due to triggers and emotional reactions.  My personal experience can attest to this.

That is a fact and I can also attest to that.
I might be so controlling with myself and have that discipline. But I can't just control when there are factors that make me wild.
Even with the budgeting, I cross that line when I want to gamble more and I am very emotional that I think that I can win and recover.
We need to be watchful of ourselves and we are no saints for ourselves with that because it really happens in real life.