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Author Topic: Be a Responsible Gambler  (Read 6791 times)
Reatim
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May 21, 2021, 09:00:12 AM
 #321

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Responsible gambling I think means that we must only gamble what we have spare and aren't too worried of losing it. People spend money on movies don't regret watching it right? Similarly people gambling should not regret losing it.

Spending on watching movies is a perfect comparison, imo, I'm using it too. Take the ticket price. This is exactly what one can easily afford to lose in a week/month of gambling, depending on how often they buy movie tickets. For some people(and I was one of them many times) even once per month is too expensive. Such people to be responsible gamblers should spend on gambling accordingly: less than $10 per month.
If you have that Mind set then you are good at it mate because it is not easy to allocate small amount for gambling each time since it is addicting and really wanna stay playing for long time .
and also compare how much we can spend in watching movies with popcorn and softdrinks than spending in our gambling moment?
10-100$ per weekend? when in gambling we can just lose that ina couple of minute .









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May 21, 2021, 12:25:18 PM
 #322

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Responsible gambling I think means that we must only gamble what we have spare and aren't too worried of losing it. People spend money on movies don't regret watching it right? Similarly people gambling should not regret losing it.

Spending on watching movies is a perfect comparison, imo, I'm using it too. Take the ticket price. This is exactly what one can easily afford to lose in a week/month of gambling, depending on how often they buy movie tickets. For some people(and I was one of them many times) even once per month is too expensive. Such people to be responsible gamblers should spend on gambling accordingly: less than $10 per month.

It's funny how we compared gambling on watching movie, I mean the money we spend on watching movie is not a "spare" one, because we intentionally saved it just to watch the movie we wanted, and that's what we called "leisure" or "wants" in other terms, while playing gambling is also a "want" but I just disagree that it's like watching movie, well I guess it depends on a person.

Nonetheless, it is true that we must only use spare money in gambling to keep ourselves out of addiction and problem in the future.
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May 21, 2021, 09:49:45 PM
 #323

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I didn't because I gamble moderately and I know what I do.

The fear is with those people that even if you tell them to gamble moderately and learn from others mistake, they won't follow. Until they experience the same mistake as them then that will make them worry a lot because they didn't take it seriously.

The reduction of gambling activity will help your friends, it won't come in an instant but at least they're trying.
Yes, you are right. Even if they make a mistake, they will still play gambling because they do not realize what they already did. But it is different if they are finally losing too big money and see what they already lost in gambling, they might think to stop gambling for a while. But still, it is not many of them can realize that instead of still playing gambling, they say that they enjoy playing gambling. The reduction will be necessary to do by a gambler because that is the thing that can help them to save money and prevent more losses.
Yes.

The start with losing big money, they'll finally come to realize that it's no longer normal and they're losing a lot of money on it. They will start to think of any way to reduce their losses or recover it.

That's the start of being a responsible gambler if they don't want to incur the same amount of losses that they've done.

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May 21, 2021, 10:58:36 PM
 #324

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I didn't because I gamble moderately and I know what I do.

The fear is with those people that even if you tell them to gamble moderately and learn from others mistake, they won't follow. Until they experience the same mistake as them then that will make them worry a lot because they didn't take it seriously.

The reduction of gambling activity will help your friends, it won't come in an instant but at least they're trying.
Yes, you are right. Even if they make a mistake, they will still play gambling because they do not realize what they already did. But it is different if they are finally losing too big money and see what they already lost in gambling, they might think to stop gambling for a while. But still, it is not many of them can realize that instead of still playing gambling, they say that they enjoy playing gambling. The reduction will be necessary to do by a gambler because that is the thing that can help them to save money and prevent more losses.
Yes.

The start with losing big money, they'll finally come to realize that it's no longer normal and they're losing a lot of money on it. They will start to think of any way to reduce their losses or recover it.

That's the start of being a responsible gambler if they don't want to incur the same amount of losses that they've done.
They are the ones who do make out their own fate and if they do realize that they are losing up much then why would decide to play even more?

This is actually varying on someones awareness and discipline towards self and if they do tolerate their addiction and tend to chase up losses rather than on complete stopping then
that would really be a big problem later on. Be responsible specially when it comes to finances because once this problem is done then you would really be
having a hard time to recover up.

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May 22, 2021, 10:23:36 AM
 #325

When we are gambling we don't think of saving money, we gamble only the amount that we can afford to lose, and as a gambler, we have to be ready to accept loses any time as our chance of winning is lower compared to the gambling house. Most of us do not have the skills in gambling, so it's just right that most of us have to only treat it as a way to have fun or use do it as entertainment.
That is what we must do in gambling. But unfortunately, not many gamblers can do that, and many are still playing gambling and using more money. They do not think about taking a rest for a while after losing in gambling because they only think about winning. Maybe we need to change our way to treat gambling to accept gambling to search for fun.

Yes.

The start with losing big money, they'll finally come to realize that it's no longer normal and they're losing a lot of money on it. They will start to think of any way to reduce their losses or recover it.

That's the start of being a responsible gambler if they don't want to incur the same amount of losses that they've done.
Yes, if they can reduce their losses by limiting their money in gambling, they will become wise gamblers and will not use more money for just fun. We need to be a responsible gambler to ourselves to save money for the other things that will be more important for our lives.

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May 22, 2021, 08:00:11 PM
 #326

I have been around gamblers for most of my life, and being a responsible gambler just seems like an oxymoron. The nature of it is tu take risks that always translate to taking greater risks than you can handle. That's why we have gambling addiction and why it is banned in places. It's a great play on human nature, I have to say, at least from a scientific standpoint.
The percentage of gamblers that are addicted to the activity is very low, now it is obvious that most people are going to lose money but if we see gambling for what it is which is nothing more but yet another form of entertainment from which you have to pay then this is no different than those activities, and if we take into account how much you spend against how much time you get some fun while gambling it could be even cheaper than to watch movies in a cinema if the size of your bet is small enough.
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May 22, 2021, 08:38:47 PM
 #327

Yes.

The start with losing big money, they'll finally come to realize that it's no longer normal and they're losing a lot of money on it. They will start to think of any way to reduce their losses or recover it.

That's the start of being a responsible gambler if they don't want to incur the same amount of losses that they've done.
Yes, if they can reduce their losses by limiting their money in gambling, they will become wise gamblers and will not use more money for just fun. We need to be a responsible gambler to ourselves to save money for the other things that will be more important for our lives.
They don't have to be that much wise.

All they have to do is to allocate the right amount in gambling and save if they have to save and do their own strategy and have fun. Being wise is what they really have to do if they want to be considered responsible gamblers.

But to do those things that we say, sometimes it's not really easy to make it happen.

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May 23, 2021, 04:43:08 PM
 #328

Yes.

The start with losing big money, they'll finally come to realize that it's no longer normal and they're losing a lot of money on it. They will start to think of any way to reduce their losses or recover it.

That's the start of being a responsible gambler if they don't want to incur the same amount of losses that they've done.
Yes, if they can reduce their losses by limiting their money in gambling, they will become wise gamblers and will not use more money for just fun. We need to be a responsible gambler to ourselves to save money for the other things that will be more important for our lives.
They don't have to be that much wise.

All they have to do is to allocate the right amount in gambling and save if they have to save and do their own strategy and have fun. Being wise is what they really have to do if they want to be considered responsible gamblers.

But to do those things that we say, sometimes it's not really easy to make it happen.
If they can allocate the right amount in gambling, they will not be desperate to see the losing money in gambling. But most gambler will not do that as they will say that they want to search for fun in gambling. They do not think about allocating the money but they will be too late to realize their mistake because many become addicted to gambling.

Yes, it is not hard to do that and it needs effort from ourselves to take care of our money.

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May 23, 2021, 10:42:03 PM
 #329

Yes.

The start with losing big money, they'll finally come to realize that it's no longer normal and they're losing a lot of money on it. They will start to think of any way to reduce their losses or recover it.

That's the start of being a responsible gambler if they don't want to incur the same amount of losses that they've done.
Yes, if they can reduce their losses by limiting their money in gambling, they will become wise gamblers and will not use more money for just fun. We need to be a responsible gambler to ourselves to save money for the other things that will be more important for our lives.
They don't have to be that much wise.

All they have to do is to allocate the right amount in gambling and save if they have to save and do their own strategy and have fun. Being wise is what they really have to do if they want to be considered responsible gamblers.

But to do those things that we say, sometimes it's not really easy to make it happen.
If they can allocate the right amount in gambling, they will not be desperate to see the losing money in gambling. But most gambler will not do that as they will say that they want to search for fun in gambling. They do not think about allocating the money but they will be too late to realize their mistake because many become addicted to gambling.

Yes, it is not hard to do that and it needs effort from ourselves to take care of our money.
Regret would always be on the end and not would  really be found on the first or before you had commit out some consequences because of gambling.

Lots would tell that gambling is for fun and they're playing it just because of that reason but majority is playing is for the sake of profit or income in the worst.

When this kind of emotion and motive in mind then its no surprise that people would really be pushed up into their limits and spend up money
as long they do have on their own pocket.

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livingfree
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May 23, 2021, 11:00:07 PM
 #330

Yes.

The start with losing big money, they'll finally come to realize that it's no longer normal and they're losing a lot of money on it. They will start to think of any way to reduce their losses or recover it.

That's the start of being a responsible gambler if they don't want to incur the same amount of losses that they've done.
Yes, if they can reduce their losses by limiting their money in gambling, they will become wise gamblers and will not use more money for just fun. We need to be a responsible gambler to ourselves to save money for the other things that will be more important for our lives.
They don't have to be that much wise.

All they have to do is to allocate the right amount in gambling and save if they have to save and do their own strategy and have fun. Being wise is what they really have to do if they want to be considered responsible gamblers.

But to do those things that we say, sometimes it's not really easy to make it happen.
If they can allocate the right amount in gambling, they will not be desperate to see the losing money in gambling. But most gambler will not do that as they will say that they want to search for fun in gambling. They do not think about allocating the money but they will be too late to realize their mistake because many become addicted to gambling.

Yes, it is not hard to do that and it needs effort from ourselves to take care of our money.
Are you sure that most gamblers won't put up a budget even if it's for fun? I doubt.

I think there are more gamblers today that have became wiser and they're putting a budget and the right allocation to gamble. They do it because they've experienced improper budgeting for having fun as you say.

That's why the ones that are not doing it correctly are more of the new gamblers IMHO.

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May 24, 2021, 01:55:16 AM
 #331

Regret would always be on the end and not would  really be found on the first or before you had commit out some consequences because of gambling.

Lots would tell that gambling is for fun and they're playing it just because of that reason but majority is playing is for the sake of profit or income in the worst.

When this kind of emotion and motive in mind then its no surprise that people would really be pushed up into their limits and spend up money
as long they do have on their own pocket.
People who involve in gambling slowly turns become addicted because they do not really know when they need to stop gambling. They only search for fun without thinking about the risk that they got in the long term. Yes, it is playing for fun in the beginning, but then it turns to be searching for money because they see themselves can win the game, and the other people can win the bigger money.

I think it is about how we manage emotion, especially greediness and all other things that can come in gambling. But I am sure that there is a responsible gambler who can manage almost everything in gambling.

Are you sure that most gamblers won't put up a budget even if it's for fun? I doubt.

I think there are more gamblers today that have became wiser and they're putting a budget and the right allocation to gamble. They do it because they've experienced improper budgeting for having fun as you say.

That's why the ones that are not doing it correctly are more of the new gamblers IMHO.
Most gambler, especially new people, will play gambling occasionally, so they may be not put up a budget for gambling. But then after they play for months, they will start to allocate some money and that means, they start becoming addicted to gambling. But maybe I am wrong in this way because I do not know what other gamblers do.

While the old gambler becomes wise and knows how to use the money for playing gambling, we have many new people who start playing gambling. It is a cycle that will not stop and the gambling business will still grow from time to time.

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livingfree
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May 24, 2021, 08:23:31 PM
 #332

Are you sure that most gamblers won't put up a budget even if it's for fun? I doubt.

I think there are more gamblers today that have became wiser and they're putting a budget and the right allocation to gamble. They do it because they've experienced improper budgeting for having fun as you say.

That's why the ones that are not doing it correctly are more of the new gamblers IMHO.
Most gambler, especially new people, will play gambling occasionally, so they may be not put up a budget for gambling. But then after they play for months, they will start to allocate some money and that means, they start becoming addicted to gambling. But maybe I am wrong in this way because I do not know what other gamblers do.

While the old gambler becomes wise and knows how to use the money for playing gambling, we have many new people who start playing gambling. It is a cycle that will not stop and the gambling business will still grow from time to time.
The new ones may not come up with a budget as they gamble.

But I'm sure that they're going to have it once they're already noticing that they have to make up a plan for the budget. Beginners would really have that emotion coming from them but sooner or later, they'll start to feel that there's a need to do so.

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May 25, 2021, 03:45:09 AM
 #333

Are you sure that most gamblers won't put up a budget even if it's for fun? I doubt.

I think there are more gamblers today that have became wiser and they're putting a budget and the right allocation to gamble. They do it because they've experienced improper budgeting for having fun as you say.

That's why the ones that are not doing it correctly are more of the new gamblers IMHO.
Most gambler, especially new people, will play gambling occasionally, so they may be not put up a budget for gambling. But then after they play for months, they will start to allocate some money and that means, they start becoming addicted to gambling. But maybe I am wrong in this way because I do not know what other gamblers do.

While the old gambler becomes wise and knows how to use the money for playing gambling, we have many new people who start playing gambling. It is a cycle that will not stop and the gambling business will still grow from time to time.
The new ones may not come up with a budget as they gamble.

But I'm sure that they're going to have it once they're already noticing that they have to make up a plan for the budget. Beginners would really have that emotion coming from them but sooner or later, they'll start to feel that there's a need to do so.
Yes, the emotion to the beginners will be too high compare to the old gamblers. If those beginners do not realise what happens to them, I am afraid they will get dragged deeper into gambling and will not see the truth about the danger of gambling. We hope we do not have to be like them and we can reduce our activity in gambling to prevent the addiction.

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May 25, 2021, 01:54:12 PM
 #334

yes you definitely have to be a responsible gambler, because never run away from problems, if you already have debts with other people, you don't run away and don't pay other people's debts, if you've lost some. when you do not follow your passions, you better stop for a moment, so that your finances run out in gambling ..

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May 25, 2021, 08:07:46 PM
 #335

Yes, the emotion to the beginners will be too high compare to the old gamblers. If those beginners do not realise what happens to them, I am afraid they will get dragged deeper into gambling and will not see the truth about the danger of gambling. We hope we do not have to be like them and we can reduce our activity in gambling to prevent the addiction.
In my experience the ones that get addicted to gambling are the thrill seekers and the ones that want to make profits because they are desperate, the rest that approach gambling for what it is which is a form of entertainment and that actually understand the probabilities of the game have a very low chance of becoming addicted to it and they have nothing to worry about, but even then it is a good idea to keep yourself alert and see if there are any signs that you are losing control of your gambling.
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May 26, 2021, 03:05:52 AM
 #336

Yes, the emotion to the beginners will be too high compare to the old gamblers. If those beginners do not realise what happens to them, I am afraid they will get dragged deeper into gambling and will not see the truth about the danger of gambling. We hope we do not have to be like them and we can reduce our activity in gambling to prevent the addiction.
In my experience the ones that get addicted to gambling are the thrill seekers and the ones that want to make profits because they are desperate, the rest that approach gambling for what it is which is a form of entertainment and that actually understand the probabilities of the game have a very low chance of becoming addicted to it and they have nothing to worry about, but even then it is a good idea to keep yourself alert and see if there are any signs that you are losing control of your gambling.
What I observe from an addict to gambling is they will come to the gambling place every day, usually, they go to that place at the night. Spend their time at that place with or without their friends, play some games for some rounds, take a break for a while and enjoy their time, play for some rounds again. If they do not go to that place, they feel an emptiness in their life. But for a gambler who searches for winning, they come to that place and play many games.

In that way, you need to limit your time and do not go to the casino almost every day because sooner or later, you will become addicted to gambling.

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May 26, 2021, 11:40:55 AM
 #337

~
If you have that Mind set then you are good at it mate because it is not easy to allocate small amount for gambling each time since it is addicting and really wanna stay playing for long time .
and also compare how much we can spend in watching movies with popcorn and softdrinks than spending in our gambling moment?
10-100$ per weekend? when in gambling we can just lose that ina couple of minute .

Yes, it's possible, but if you can afford it, it's okay. What is not okay is starting chasing your losses. Normally, you don't immediately buy a ticket for another movie, when you haven't enjoy the one you just went to. Same approach should be applied to gambling: if you lost in a couple of minutes what you actually can afford to in one week, don't gamble during the next week after that.

~

It's funny how we compared gambling on watching movie, I mean the money we spend on watching movie is not a "spare" one, because we intentionally saved it just to watch the movie we wanted, and that's what we called "leisure" or "wants" in other terms, while playing gambling is also a "want" but I just disagree that it's like watching movie, well I guess it depends on a person.
~

Right, it depends on a person. I bet there are lots of gamblers who would prefer a gambling session to spending the same amount on watching a movie. I don't blame them. As long as they are gambling responsibly, they are free to choose their way of relaxation.

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May 26, 2021, 12:08:51 PM
 #338

Yes, the emotion to the beginners will be too high compare to the old gamblers. If those beginners do not realise what happens to them, I am afraid they will get dragged deeper into gambling and will not see the truth about the danger of gambling. We hope we do not have to be like them and we can reduce our activity in gambling to prevent the addiction.
In my experience the ones that get addicted to gambling are the thrill seekers and the ones that want to make profits because they are desperate, the rest that approach gambling for what it is which is a form of entertainment and that actually understand the probabilities of the game have a very low chance of becoming addicted to it and they have nothing to worry about, but even then it is a good idea to keep yourself alert and see if there are any signs that you are losing control of your gambling.

It's true that beginners often got hooked up in gambling because of the thrill, sometimes because they got trapped. What I mean is, most of the people gamble only a small amount of money first for safety reason, and sometimes, when you gamble only a small amount of money, you'll never realized how much you are really losing because of you being cautious and how small the amount is.

Now, here's the trap, when they started to increase the amount of money they are using to play in gambling, things change, they lose often, everything's become the exact opposite of what they are expecting that is why they ended up chasing their losses since they never expected that they are gonna lose that money.
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May 28, 2021, 08:13:28 PM
 #339

Yes, the emotion to the beginners will be too high compare to the old gamblers. If those beginners do not realise what happens to them, I am afraid they will get dragged deeper into gambling and will not see the truth about the danger of gambling. We hope we do not have to be like them and we can reduce our activity in gambling to prevent the addiction.
In my experience the ones that get addicted to gambling are the thrill seekers and the ones that want to make profits because they are desperate, the rest that approach gambling for what it is which is a form of entertainment and that actually understand the probabilities of the game have a very low chance of becoming addicted to it and they have nothing to worry about, but even then it is a good idea to keep yourself alert and see if there are any signs that you are losing control of your gambling.

It's true that beginners often got hooked up in gambling because of the thrill, sometimes because they got trapped. What I mean is, most of the people gamble only a small amount of money first for safety reason, and sometimes, when you gamble only a small amount of money, you'll never realized how much you are really losing because of you being cautious and how small the amount is.

Now, here's the trap, when they started to increase the amount of money they are using to play in gambling, things change, they lose often, everything's become the exact opposite of what they are expecting that is why they ended up chasing their losses since they never expected that they are gonna lose that money.
How could I forget? Gamblers chasing losses could or could not be addicted to gambling but they definitely have a problem, they begin gambling a little bit but then they get excited and bet too much and lose it, but instead of thinking like a rational person and admitting their mistake and moving on they decide they want to recover that money and keep gambling, something that goes against any financial advise you can find in almost any book, and then they find themselves with the awful reality they have lost so much money that no matter what they do they are never going to recover it.
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May 29, 2021, 10:30:01 PM
 #340

If you are a person who live your life with what you earn and all of the sudden if there is no way to earn/there is no way to earn money due to lockdown don't go into gambling. This will completely destroy your life and creates issue in relationship. I assure this will happen, even if you don't have money for food request help with someone. You'll get your food, have it with peace than ending in frustration.

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