Be a Responsible Gambler

[KTChampions]

You are right about gambling but wrong about business. The truth is that 99.99% of people will never have "free" money to start a business - all the money is spent on life and important stages of life. Therefore, if people follow your advice, then this vast majority of people will never open a business, but this is wrong, because if they have the necessary knowledge, experience and competence, then opening a business is a much more reliable investing than gambling.

Well, both have risk to be honest, the only difference is that the risk in starting a business is much lower than gambling, however, if you don't have any idea how to run a business like how to make profits in gambling, then surely in the end you'll lose all the money you got from loan.

So the idea is to do whatever you know how to work things out to avoid getting so much debt from loan or getting bankrupt because you started a business or playing gambling without any plans at all. I mean, you're not going anywhere.

Practically right and I back you with this statement, having the right knowledge within your

chosen field of investment or business the chance of being successful is far better comparing to any types of gambling.

Your knowledge is the key factors of your success, it can apply also with gambling but the chance of getting wreck out and completely losing your fund is far higher than starting a business if you have good understanding within the line.

Sure. Usually people do not start a business from scratch - they already know how and what is happening in the field in which they open a business. This is often done by hired workers and in fact it turns out that they continue to do what they did before, only now they are working for themselves. If a person does not know anything about a particular business, then he can cooperate with such an employee and thus protect himself from a lack of knowledge. Nothing like this can be found in gambling.
All gurus and advisors in gambling actually sell empty information and spending money on them is just a waste of money.

[LUCKMCFLY]

It is better to use the money from the loan to create a business because you will have a chance to make money from that

Basically, to loan money both for gambling and a business in real life isn't recommended. You are better to wait for having sufficient money to start a business. Especially for gambling, it is better to avoid. There is no guarantee of success, instead of high risk to lose big money. We don't need to force ourselves to gamble or start a business if we have no enough money yet.
~

You are right about gambling but wrong about business. The truth is that 99.99% of people will never have "free" money to start a business - all the money is spent on life and important stages of life. Therefore, if people follow your advice, then this vast majority of people will never open a business, but this is wrong, because if they have the necessary knowledge, experience and competence, then opening a business is a much more reliable investing than gambling.

Practically right and I back you with this statement, having the right knowledge within your

chosen field of investment or business the chance of being successful is far better comparing to any types of gambling.

Your knowledge is the key factors of your success, it can apply also with gambling but the chance of getting wreck out and completely losing your fund is far higher than starting a business if you have good understanding within the line.

There is something that really catches my attention in some people, and it is the fact of lending money to be able to play, which, I see it badly from every point of view, as they have said before, it is much better to lend money for some need or business, The reason is simple, somehow the money will be raised and with work and effort you will be able to repay the loan. The bad thing about investing it playing is that it is very likely that you can lose it, when you play with pressure it is very difficult, since the psychology of each person influences a lot and when you lose bad thoughts they become more and more real and that is when you can fall into vice.

Whenever money is used to play, it is money that the player is willing to lose, not need or multiply, I know that many or all of us want to multiply the money, but not do it irresponsibly.

Only very few have had the "LUCK" of having multiplied their money in games, most fail, anyway each person must have their self-control, I know a friend who always bet all his salary in a traditional casino and giving a general balance , their losses were greater than their gains, and the idea is to be able to do the opposite.

I see the game as a business, with little balance you should get little money but constantly, it is very difficult but you can, some whales do not happen that, they bet a lot and win a lot, as well as they can also lose a lot, but in terms In general, the player has to feel more about his money, this is similar to trading, when Jesse Livermore bet a lot of money on the stock market he did not see his profits, until he decided to extract half of what he earned to enjoy it on trips, meals, vacations, because it is very important to see the money you earn.

[kawetsriyanto]

You are right about gambling but wrong about business. The truth is that 99.99% of people will never have "free" money to start a business - all the money is spent on life and important stages of life. Therefore, if people follow your advice, then this vast majority of people will never open a business, but this is wrong, because if they have the necessary knowledge, experience and competence, then opening a business is a much more reliable investing than gambling.

I didn't state "free" money but enough money (sufficient fund). In my opinion, it is better to collect money from our job salary or any other sources, except a loan. When we already have enough money, then we can start a business. We actually don't need to have very big money, choose a business that is suitable with our money for a starting business. Also, we can try to find a partnership or investor to gain more money to start a business. Better if they are the people who you already know well.

I didn't say business and gambling are the same. Of course, they are different. You are right, put your money in a business seems better than in gambling. Regarding knowledge, skills, competence, or experience, they are something a must to have. Not only for business, even in gambling we also need them.

[Lanatsa]

It is better to use the money from the loan to create a business because you will have a chance to make money from that

Basically, to loan money both for gambling and a business in real life isn't recommended. You are better to wait for having sufficient money to start a business. Especially for gambling, it is better to avoid. There is no guarantee of success, instead of high risk to lose big money. We don't need to force ourselves to gamble or start a business if we have no enough money yet.
~

You are right about gambling but wrong about business. The truth is that 99.99% of people will never have "free" money to start a business - all the money is spent on life and important stages of life. Therefore, if people follow your advice, then this vast majority of people will never open a business, but this is wrong, because if they have the necessary knowledge, experience and competence, then opening a business is a much more reliable investing than gambling.

Who would be the one to think that business is worst that gambling? They are both different things on the first place and talking about potential income then nothing can beat out about being sustainable
in long term.

If you do just use your own common sense then you could able to tell on which one would be worth and to treat out that gambling is just really good for entertainment.

Separate your priorities into your leisure time and you do know on how to handle your finances well.

[Betwrong]

~
All gurus and advisors in gambling actually sell empty information and spending money on them is just a waste of money.

I absolutely agree with you. It annoys me that some gamblers are still willing to give their money to those cheaters. Btw, they keep popping up on this forum too. When asked, "If you know a winning strategy why don't you use it yourself to make money?", they respond they were banned from all gambling platforms in their country and all that crap. I mean, c'mon! Who can fall for that garbage these days?

I think it's a part of being a responsible gambler: to not trust those clowns.

[BuNga_cute]

You are right about gambling but wrong about business. The truth is that 99.99% of people will never have "free" money to start a business - all the money is spent on life and important stages of life. Therefore, if people follow your advice, then this vast majority of people will never open a business, but this is wrong, because if they have the necessary knowledge, experience and competence, then opening a business is a much more reliable investing than gambling.

I didn't state "free" money but enough money (sufficient fund). In my opinion, it is better to collect money from our job salary or any other sources, except a loan. When we already have enough money, then we can start a business. We actually don't need to have very big money, choose a business that is suitable with our money for a starting business. Also, we can try to find a partnership or investor to gain more money to start a business. Better if they are the people who you already know well.

I didn't say business and gambling are the same. Of course, they are different. You are right, put your money in a business seems better than in gambling. Regarding knowledge, skills, competence, or experience, they are something a must to have. Not only for business, even in gambling we also need them.

I am also among those who do not agree to start a business with loan capital, especially loans from banks, I do not recommend. Remember
we need time to be able to make our business profitable, sometimes some businesses take a long time to run well. Meanwhile, if we borrow
money from the bank, we need to pay installments every month, and that will burden us as business owners. It's better to use the money
from some of the salary we get, or the money we get from selling assets we can use to start a business. It is very difficult to find investors
or partnerships for new businesses, because most investors will look for businesses that have been running for a long time. Of course business
and gambling are two different things, for me gambling is just for entertainment and business is very good for investment.

[KTChampions]

You are right about gambling but wrong about business. The truth is that 99.99% of people will never have "free" money to start a business - all the money is spent on life and important stages of life. Therefore, if people follow your advice, then this vast majority of people will never open a business, but this is wrong, because if they have the necessary knowledge, experience and competence, then opening a business is a much more reliable investing than gambling.

I didn't state "free" money but enough money (sufficient fund). In my opinion, it is better to collect money from our job salary or any other sources, except a loan. When we already have enough money, then we can start a business. We actually don't need to have very big money, choose a business that is suitable with our money for a starting business. Also, we can try to find a partnership or investor to gain more money to start a business. Better if they are the people who you already know well.

I didn't say business and gambling are the same. Of course, they are different. You are right, put your money in a business seems better than in gambling. Regarding knowledge, skills, competence, or experience, they are something a must to have. Not only for business, even in gambling we also need them.

I agree that saving is better than borrowing, but my life experience shows that if you are not a top specialist who receives a large salary, this is almost impossible to do. Accumulation takes time, and over time, new expenses arise - you have a wife, children ... it is very difficult to deny them the joys of life. Therefore, if you have sufficient knowledge and experience to start your own business, credit is an acceptable risk.

[Fortify]

Important Note : If you're jobless don't get into gambling, I'm an example. I don't have a job, and that's the reason I wasn't able to keep me deviated from gambling. Hope this helps someone.

This is starting at one end of the spectrum - the real successful gamblers are people who do it very occasionally and keep it a fun activity with small amounts of money that is insignificant if they lose. The people who will suffer the most from this activity are those who have the least money but expect miracles to happen. Unfortunately miracles are extremely rare but casinos taking your money is almost guaranteed if you stick around long enough. Often times the biggest losers have a poor grasp of mathematics or somehow think that bets are linked - that five losing bets must have a winner on the 6th, when in actual fact every bet is independent of all others.

[DoublerHunter]

~
All gurus and advisors in gambling actually sell empty information and spending money on them is just a waste of money.

I absolutely agree with you. It annoys me that some gamblers are still willing to give their money to those cheaters. Btw, they keep popping up on this forum too. When asked, "If you know a winning strategy why don't you use it yourself to make money?", they respond they were banned from all gambling platforms in their country and all that crap. I mean, c'mon! Who can fall for that garbage these days?

I think it's a part of being a responsible gambler: to not trust those clowns.

^ Only naive and innocent people will most commonly fall on this trap and you are right, cheaters are everywhere lurking people to bite their trap pretending to help but instead, they will wipe out all your money once you wee agreed with them. Responsible gambler is part of being vigilant and always suspicious to anyone who offers their help or asked of being an advisor, in the first place, why not they don't use their skills and make their own money, there are hundreds or thousands of gambling sites to be used. Being responsible will help you to keep safe your money, not unless if you let your money lose in gambling.

[boyptc]

Indeed. It is difficult if we become ambitious to win, especially if we do not see our chance of winning because that will make us unable to see enough. Gambling is part of entertainment so we should use gambling like that and not use gambling as a source of income. By doing that, that is a small part of being responsible for ourselves in gambling.

If we don't see ourselves have the chance to win, we're only throwing money on it. We have to make sure that it's going to be valuable with every bets that we put.

There are YOLO bettors and that makes sense that even if they see no chance of winning, they still put bet. But a responsible gambler, he sees more of the advantage than YOLOing.

[Lordhermes]

Indeed. It is difficult if we become ambitious to win, especially if we do not see our chance of winning because that will make us unable to see enough. Gambling is part of entertainment so we should use gambling like that and not use gambling as a source of income. By doing that, that is a small part of being responsible for ourselves in gambling.

If we don't see ourselves have the chance to win, we're only throwing money on it. We have to make sure that it's going to be valuable with every bets that we put.

There are YOLO bettors and that makes sense that even if they see no chance of winning, they still put bet. But a responsible gambler, he sees more of the advantage than YOLOing.

It's better to be a yolo bettor,than putting your mind on the bet you play.If you bet expecting win,then you are bound to have depression,because you and I know that gambling is not good.So the essence of being a responsible gambler depends on the mind of the individual betting the game.A responsible gambler will use the extra cash he has,to try luck,not by gambling with much money,and resting your mind on the game you are playing.

[Silberman]

This is the right attitude to have, it is way easier to be a responsible gambler if the expectations that we have out of gambling are just to get some fun out of it, when people put more expectations than this then this creates problems as they are unable to fulfill those expectations and then they want to force their way and get them anyway, and while this can happen for some time we know that over the long term this is not possible making them to lose amounts of money they did not planned to lose and making them irresponsible gamblers in the process.

Unfortunately, not many gamblers can afford such lifestyle, playing just for fun. Most of the time, gamblers want to play for the hope that they will go home with their winnings. So if you are the one that is included in the latter, better use your own extra funds and not borrowed money. So in case you lost, it is your own money and you don't owe anyone. Based from my experience, once you are already inside especially in a physical casino, the tendency is to use whatever you have. So just bring money that you can very well afford to lose.

This reminds me of something that happened to a friend once, a group of coworkers wanted to go to the casino and I was invited so I accepted, but it turns out that day we were paid and they wanted to go to the casino while still having that money on their pockets, I told them it was a bad idea as they will have the tendency to use all of that money, they told me they will never do something like that and went to the casino anyway with all of that money, and while most of them could control themselves my friend lost half of his paycheck that day, after that whenever we went to the casino everyone took their time to go home first and left there anything of value.

[boyptc]

Indeed. It is difficult if we become ambitious to win, especially if we do not see our chance of winning because that will make us unable to see enough. Gambling is part of entertainment so we should use gambling like that and not use gambling as a source of income. By doing that, that is a small part of being responsible for ourselves in gambling.

If we don't see ourselves have the chance to win, we're only throwing money on it. We have to make sure that it's going to be valuable with every bets that we put.

There are YOLO bettors and that makes sense that even if they see no chance of winning, they still put bet. But a responsible gambler, he sees more of the advantage than YOLOing.

It's better to be a yolo bettor,than putting your mind on the bet you play.If you bet expecting win,then you are bound to have depression,because you and I know that gambling is not good.So the essence of being a responsible gambler depends on the mind of the individual betting the game.A responsible gambler will use the extra cash he has,to try luck,not by gambling with much money,and resting your mind on the game you are playing.

Gambling is not good if you are an irresponsible gambler.

But if you've been gambling for a long time and you know the sides of it, you'll be the first one to avoid being addicted on it and being uncontrollable to yourself.

Our mindset towards gambling really plays an important role.

[Sanitough]

Indeed. It is difficult if we become ambitious to win, especially if we do not see our chance of winning because that will make us unable to see enough. Gambling is part of entertainment so we should use gambling like that and not use gambling as a source of income. By doing that, that is a small part of being responsible for ourselves in gambling.

If we don't see ourselves have the chance to win, we're only throwing money on it. We have to make sure that it's going to be valuable with every bets that we put.

There are YOLO bettors and that makes sense that even if they see no chance of winning, they still put bet. But a responsible gambler, he sees more of the advantage than YOLOing.

It's better to be a yolo bettor,than putting your mind on the bet you play.If you bet expecting win,then you are bound to have depression,because you and I know that gambling is not good.So the essence of being a responsible gambler depends on the mind of the individual betting the game.A responsible gambler will use the extra cash he has,to try luck,not by gambling with much money,and resting your mind on the game you are playing.

Every gambler has a different strategy and different ways of handling himself in gambling, but for me, the strategy of YOLO is not good as it would result in extreme happiness or sadness, but most of the time sadness as you'll loss with less control in gambling. If you are a gambler that believes you can win in the long run, then thinking of strategies on how to win is normal, and as long as you stay healthy and live your life normally, I don't see a problem with that.

[Silberman]

Every gambler has a different strategy and different ways of handling himself in gambling, but for me, the strategy of YOLO is not good as it would result in extreme happiness or sadness, but most of the time sadness as you'll loss with less control in gambling. If you are a gambler that believes you can win in the long run, then thinking of strategies on how to win is normal, and as long as you stay healthy and live your life normally, I don't see a problem with that.

The problem I see with YOLO is that I see it being used to justify all kind of risky and reckless behavior and this is not right, there is nothing wrong with gambling as long as you control it but the YOLO philosophy encourages people to make bad decisions that they would otherwise not make and while in many aspects of your life this is not a problem when money is involved it is, after all money needs to be used responsibly because if you do not then regret will come immediately and the short amount of happiness you get will be replaced by long term desperation as you realize you do not have any money left.

[STT]

Pay the bills on paycheck day might be the best advice there as it applies to everything in terms of budgeting its always easy to feel rich at some times of the month and barely able to exist just before payday, its a routine complaint not just about gambling really but any leisure activity.   Reminds me of a friend from work I had years ago, would always spend his entire wage on a weekend for beer but he made sure to give his mom a small amount for meals for the rest of the week so he didn't starve apart from that he had to walk everywhere as his pockets were literally always empty for all but 2 days every week.

[Fredomago]

The problem I see with YOLO is that I see it being used to justify all kind of risky and reckless behavior and this is not right, there is nothing wrong with gambling as long as you control it but the YOLO philosophy encourages people to make bad decisions that they would otherwise not make and while in many aspects of your life this is not a problem when money is involved it is, after all money needs to be used responsibly because if you do not then regret will come immediately and the short amount of happiness you get will be replaced by long term desperation as you realize you do not have any money left.

Yoloing most of the time leads you to worse sides of your life, especially if you are engage inside gambling activities. Once you deal with this kind of desperate move.

If you win,  chances of keep playing will dominate inside you thinking that you'll be able to extend your earnings just do some more bets before leaving the house, without realizing that you just bring everything back and momentarily even your capital will burned and all those winnings are gone.

If you lose, regrets keeps on popping inside your memories, thinking of what if.. Better to keep in mind that part of your responsibilities while playing is the control within any actions that you'll going to take, find the entertainment part with lesser cost. Money that you can afford to lose and never exceed with your limits.

[Fatunad]

Pay the bills on paycheck day might be the best advice there as it applies to everything in terms of budgeting its always easy to feel rich at some times of the month and barely able to exist just before payday, its a routine complaint not just about gambling really but any leisure activity.   Reminds me of a friend from work I had years ago, would always spend his entire wage on a weekend for beer but he made sure to give his mom a small amount for meals for the rest of the week so he didn't starve apart from that he had to walk everywhere as his pockets were literally always empty for all but 2 days every week.

Go for your priorities first and paying up all the bills and does have put up some savings and the extra money or the rest of it would be on your decision whether you do spent it out for your leisure
or would be buying out something that you do like and since you are the ones who had been earning it then its up to you on where you would be spending it but be sure that you should be aware
that spending up too much into something would be affecting your finances and as long you do have this kind of mindset then i dont see for someone to have a problem towards finances.
Be responsible not only in gambling terms but in all decisions in life as well.

[Betwrong]

Pay the bills on paycheck day might be the best advice there as it applies to everything in terms of budgeting its always easy to feel rich at some times of the month and barely able to exist just before payday, its a routine complaint not just about gambling really but any leisure activity.   Reminds me of a friend from work I had years ago, would always spend his entire wage on a weekend for beer but he made sure to give his mom a small amount for meals for the rest of the week so he didn't starve apart from that he had to walk everywhere as his pockets were literally always empty for all but 2 days every week.

Yeah, setting aside some amount on your payday is a good idea. Not only for paying bills but also to have something to live on until the next paycheck. Thus, even if you lose everything in the first day it won't kill you, and you won't be borrowing money "to win it back" or attempting something as horrible.

If you can't control yourself during the process of gambling, you should eliminate the possibility of losing more than you can afford to lose.

[bitterguy28]

I keep on telling every people that asks me about how to play online casino to be responsible and ready for losses first before finally engaging .

though this is the same idea in real life casino but i believe that addiction is more intent in Online because we can even played in every place at any time without anyone's bothering us.