Your betting budget

[bitzizzix]

The maxim is always that you should only gamble with money what you can spare, but most people know that. More importantly, keep a bankroll for gambling, and a strategy. And under no circumstances go over your limits, try to put your emotions aside. Only then can you enjoy it.

You true, in difficult economic conditions like today due to the corona pandemic, of course we must be able to manage the finances we have as well as possible so as not to have an impact on our family finances, in my opinion, emotions are the main factor that makes us lose everything in gambling and that's why we need strong emotional control when gambling.

In such situation, its better to avoid getting into gambling. I understand its going to be really challenging for those who are addicted. We depend on money to manage all our needs. So when there is a little, its good to plan with the little amount we have. Its easy to say or advice but yes i agree, its hard to practice though. Self realization and self control will only help to manage the situations.

If you don't have any extra cash after you've prioritized you and your family's needs, it's best not to push yourself and don't gamble just yet.
because the necessities of life are the most important thing before you do anything else and wait until you have money outside for your needs and you can use it to play gambling whatever amount you have try not to spend it on the same day and try to budget for the next few days because no one knows if you apply it with discipline it could be the next day is your luck.
Avoid emotions and control when emotions come so that the money you have budgeted does not run out in an instant.

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[dunfida]

The maxim is always that you should only gamble with money what you can spare, but most people know that. More importantly, keep a bankroll for gambling, and a strategy. And under no circumstances go over your limits, try to put your emotions aside. Only then can you enjoy it.

You true, in difficult economic conditions like today due to the corona pandemic, of course we must be able to manage the finances we have as well as possible so as not to have an impact on our family finances, in my opinion, emotions are the main factor that makes us lose everything in gambling and that's why we need strong emotional control when gambling.

In such situation, its better to avoid getting into gambling. I understand its going to be really challenging for those who are addicted. We depend on money to manage all our needs. So when there is a little, its good to plan with the little amount we have. Its easy to say or advice but yes i agree, its hard to practice though. Self realization and self control will only help to manage the situations.

If you do saw that you do have a hard time  when it comes to finances for expenses then why gamble  into the first place? You should be aware nor  really be  that sensible enough to consider on what are the things

that could possibly happen if you do let yourself involved with gambling even though you know that your finances arent really that good nor even sufficient for your daily living?

Thinking it as a source of income? Better think twice because if gambling doesnt really fit out into that criteria but instead it would rather make you lost your money.

[jostorres]

The maxim is always that you should only gamble with money what you can spare, but most people know that. More importantly, keep a bankroll for gambling, and a strategy. And under no circumstances go over your limits, try to put your emotions aside. Only then can you enjoy it.

You true, in difficult economic conditions like today due to the corona pandemic, of course we must be able to manage the finances we have as well as possible so as not to have an impact on our family finances, in my opinion, emotions are the main factor that makes us lose everything in gambling and that's why we need strong emotional control when gambling.

Running out of bankroll? I mean that is a good enough reason to stop. I know you may think "of course if you do not have money, you can't gamble" but I didn't say running out of money, I said running out of bankroll. I have seen many people who gamble, lose money, and then end up depositing some more money, which is basically not a great way to gamble because you may end up losing more and more money that way.

So, if I deposited some money and gamble with it, then I am not going to deposit yet again so soon, just one a month and that’s it. Aside from that usually when I find something more entertaining that may take my attention for a while, like for example every year when the new 2K comes out I end up playing that and that usually means I will not be gambling for a while because I will be playing a game and that is why I will not have the time to gamble.

[ethereumhunter]

Absolutely right. Limitations can be our way not to lose more from the house. A gambler will lose much more money and the house will take all; that is, the winner takes all.

And most of the time house is the one who win, only few gamblers do manage to win some from the house, most of thegambler losses everything.

The house will get that all of the losing money and even the house lose, that losses will not be too big depend the gamblers because many gamblers will have that experience. Some gamblers only win for some amount and are not too big compared to the total money that the house gets.

I agree with knowing when to stop and when we gamble and if we can combine that with the limitations, that will really help us to prevent the big loss.

And it also helps to win some, if you set your limitations and control with your budget, you can quit with some earnings.
instead of keep losing and keep giving your money with house.

It is better to win for some amount than to lose a big amount. For that win money, we can try to place the other bet in the next days and who knows, we can win for some other amounts.

If we can value our money, we will not gamble too much money because we will remember that we have the other things that need that money so we will think that it is not worth it if we lose in the gambling games.

That's really important, knowing that you are able to control your money not to add more  whenever you losses your capital.

So that is why controlling ourselves will be necessary and important because that is key to managing our money and preventing the big loss.

[sunsilk]

It is better to win for some amount than to lose a big amount. For that win money, we can try to place the other bet in the next days and who knows, we can win for some other amounts.

This is where many gamblers are falling shortly. If we're winning with some amounts, we'll have that plan of making more with what we can because it's making us wanting some more and that's likely as long as we've got the budget on our hand.

And we try to get some more and try to do more, we're always too positive that we won't be having a bad day. In result, the majority are losing instead of making more because of the hunger that we want to have as we engaged ourselves with that plan of gaining some more.

It results to do that and you think that because of that very little that you have and aim to gain more, it ended up badly.

[ethereumhunter]

It is better to win for some amount than to lose a big amount. For that win money, we can try to place the other bet in the next days and who knows, we can win for some other amounts.

This is where many gamblers are falling shortly. If we're winning with some amounts, we'll have that plan of making more with what we can because it's making us wanting some more and that's likely as long as we've got the budget on our hand.

And we try to get some more and try to do more, we're always too positive that we won't be having a bad day. In result, the majority are losing instead of making more because of the hunger that we want to have as we engaged ourselves with that plan of gaining some more.

It results to do that and you think that because of that very little that you have and aim to gain more, it ended up badly.

It is because those gamblers greed with their winning money and want to get more winning. They never think that it is enough to win and save money by quitting the games instead of continuing to play the next rounds.

When they can set some money to playing gambling and not just add more and more money to gamble, they will not face a big loss but a small loss.

We should learn from the other gambler who shared their experience losing the money to us to prevent getting the same experience as them. Besides that, it will remind us that setting a budget and limitations will help us from the loss.

[LUCKMCFLY]

It is better to win for some amount than to lose a big amount. For that win money, we can try to place the other bet in the next days and who knows, we can win for some other amounts.

This is where many gamblers are falling shortly. If we're winning with some amounts, we'll have that plan of making more with what we can because it's making us wanting some more and that's likely as long as we've got the budget on our hand.

And we try to get some more and try to do more, we're always too positive that we won't be having a bad day. In result, the majority are losing instead of making more because of the hunger that we want to have as we engaged ourselves with that plan of gaining some more.

It results to do that and you think that because of that very little that you have and aim to gain more, it ended up badly.

It is because those gamblers greed with their winning money and want to get more winning. They never think that it is enough to win and save money by quitting the games instead of continuing to play the next rounds.

When they can set some money to playing gambling and not just add more and more money to gamble, they will not face a big loss but a small loss.

We should learn from the other gambler who shared their experience losing the money to us to prevent getting the same experience as them. Besides that, it will remind us that setting a budget and limitations will help us from the loss.

I have learned a lot about this with the blows of constant losses, sometimes having a large balance to bet usually goes like water and salt when one is carried away by emotions and greed usually loses everything.

When you play and get profits, or micro-winnings, it is something positive, because even though it is very little you are adding to something that you did not have and it is much better to remove the balance that you will soon want to have, I am one of those who think that gambling and trading should be seen as a business, that is, a traditional business where its ROI is at 3 years or more, if a player sets daily goals (Per day), excellent profits can be obtained in the medium and long term .

[sunsilk]

It is better to win for some amount than to lose a big amount. For that win money, we can try to place the other bet in the next days and who knows, we can win for some other amounts.

This is where many gamblers are falling shortly. If we're winning with some amounts, we'll have that plan of making more with what we can because it's making us wanting some more and that's likely as long as we've got the budget on our hand.

And we try to get some more and try to do more, we're always too positive that we won't be having a bad day. In result, the majority are losing instead of making more because of the hunger that we want to have as we engaged ourselves with that plan of gaining some more.

It results to do that and you think that because of that very little that you have and aim to gain more, it ended up badly.

It is because those gamblers greed with their winning money and want to get more winning. They never think that it is enough to win and save money by quitting the games instead of continuing to play the next rounds.

When they can set some money to playing gambling and not just add more and more money to gamble, they will not face a big loss but a small loss.

We should learn from the other gambler who shared their experience losing the money to us to prevent getting the same experience as them. Besides that, it will remind us that setting a budget and limitations will help us from the loss.

Someone who's learning from others experience and advices, he's a gambler that knows how to control himself and how to take advantage of those experiences that he has seen with other gamblers that he don't want to end up with a bad ending.

Do not be too hasty with your goal as you gamble, if the time is with you and you're lucky enough to hit those positive numbers during the time you gamble, stay aside and take your profit or bankroll so that you'll keep and worry less if the next time you gamble you lose.

[carlfebz2]

It is better to win for some amount than to lose a big amount. For that win money, we can try to place the other bet in the next days and who knows, we can win for some other amounts.

This is where many gamblers are falling shortly. If we're winning with some amounts, we'll have that plan of making more with what we can because it's making us wanting some more and that's likely as long as we've got the budget on our hand.

And we try to get some more and try to do more, we're always too positive that we won't be having a bad day. In result, the majority are losing instead of making more because of the hunger that we want to have as we engaged ourselves with that plan of gaining some more.

It results to do that and you think that because of that very little that you have and aim to gain more, it ended up badly.

It is because those gamblers greed with their winning money and want to get more winning. They never think that it is enough to win and save money by quitting the games instead of continuing to play the next rounds.

When they can set some money to playing gambling and not just add more and more money to gamble, they will not face a big loss but a small loss.

We should learn from the other gambler who shared their experience losing the money to us to prevent getting the same experience as them. Besides that, it will remind us that setting a budget and limitations will help us from the loss.

Someone who's learning from others experience and advices, he's a gambler that knows how to control himself and how to take advantage of those experiences that he has seen with other gamblers that he don't want to end up with a bad ending.

Do not be too hasty with your goal as you gamble, if the time is with you and you're lucky enough to hit those positive numbers during the time you gamble, stay aside and take your profit or bankroll so that you'll keep and worry less if the next time you gamble you lose.

Should really be on this way on where people should really be not minding or not hasty on making profits because if you are really lucky on that day then you would surely make profits.

Thing here  is that you do know on how to handle your finances and would able to stop out when you are already losing that much.Budget is a must but dont go over into some amounts that you couldnt afford  to lose.

Once you do saw that you are already spending that much  then you should rethink twice on whats happening and you  might already be on the verge of addiction.

[ethereumhunter]

I have learned a lot about this with the blows of constant losses, sometimes having a large balance to bet usually goes like water and salt when one is carried away by emotions and greed usually loses everything.

When you play and get profits, or micro-winnings, it is something positive, because even though it is very little you are adding to something that you did not have and it is much better to remove the balance that you will soon want to have, I am one of those who think that gambling and trading should be seen as a business, that is, a traditional business where its ROI is at 3 years or more, if a player sets daily goals (Per day), excellent profits can be obtained in the medium and long term .

Although gambling and trading is a business, I use trading as a way to make money and gambling is a way to have fun, so I will recommend that if you want to make money, you should try trading and not trying with gambling. We can get consecutive losses without expecting, especially when our emotion becomes higher every round and that will not make us have a chance to have the money instead of losing inside the games.

So instead of using big money to gamble, it is better to use small money to have fun because gambling is a place that can give us losses in a short time. That is why if you can set a budget for gambling when you lose, your losses will not be bigger than the others and that will help you save your money if you can get out as fast as you can from gambling.

~

Someone who's learning from others experience and advices, he's a gambler that knows how to control himself and how to take advantage of those experiences that he has seen with other gamblers that he don't want to end up with a bad ending.

Do not be too hasty with your goal as you gamble, if the time is with you and you're lucky enough to hit those positive numbers during the time you gamble, stay aside and take your profit or bankroll so that you'll keep and worry less if the next time you gamble you lose.

Hopefully, we can be like that and not think about winning because that will not be possible unless you have luck. Yes, learning from others experiences will help us to get more knowledge and could help us to improve ourselves not to get more losses. We will have a chance to take care of the money and will be able to manage it before the money is running out.

Maybe we can not imagine what will happen if we lose big money in gambling but that is totally a big regret for us. We will want to turn the time back and consider setting the budget to playing gambling, but unfortunately, we already lose that money and we can not back the time.

[Victorycoin]

The maxim is always that you should only gamble with money what you can spare, but most people know that. More importantly, keep a bankroll for gambling, and a strategy. And under no circumstances go over your limits, try to put your emotions aside. Only then can you enjoy it.

Budget doesn't matter if you have a good gambling experience it is possible to get more capital with less budget I agree the emotion cannot be played out here the damage will be greater must play through entertainment. If you become addicted you have to stop for now this will further reduce the amount of budget.

[molsewid]

In such situation, its better to avoid getting into gambling. I understand its going to be really challenging for those who are addicted. We depend on money to manage all our needs. So when there is a little, its good to plan with the little amount we have. Its easy to say or advice but yes i agree, its hard to practice though. Self realization and self control will only help to manage the situations.

At this time of pandemic people really wanted to have a good earning in a week or month to sustain the daily needs of their family and sometimes being a gambler they are taking the risks of using their money remained hoping that they could double it which this is totally kind of risk and I have encountered such this kind of gambler. I am a gambler too but I just feel good that I have a good self control in my gambling budget and a 3% - 5% from my earning is enough for me.

[BuNga_cute]

In such situation, its better to avoid getting into gambling. I understand its going to be really challenging for those who are addicted. We depend on money to manage all our needs. So when there is a little, its good to plan with the little amount we have. Its easy to say or advice but yes i agree, its hard to practice though. Self realization and self control will only help to manage the situations.

At this time of pandemic people really wanted to have a good earning in a week or month to sustain the daily needs of their family and sometimes being a gambler they are taking the risks of using their money remained hoping that they could double it which this is totally kind of risk and I have encountered such this kind of gambler. I am a gambler too but I just feel good that I have a good self control in my gambling budget and a 3% - 5% from my earning is enough for me.

In my opinion, making gambling as a source of income is not only high risk, but highly discouraged. Because it is very difficult to make a fixed
profit of 3%-5% from gambling, if you can do that I am amazed by you, means that your luck is very good in the world of gambling. There are
still many ways to be able to make money from the internet that is much safer, and has little risk. I highly recommend playing gambling just
for entertainment, then the budget that I prepared for gambling was only extra money from the income I received. Even though I ended up losing
all the capital I had while gambling, it didn't become a burden for me.

[Peanutswar]

In such situation, its better to avoid getting into gambling. I understand its going to be really challenging for those who are addicted. We depend on money to manage all our needs. So when there is a little, its good to plan with the little amount we have. Its easy to say or advice but yes i agree, its hard to practice though. Self realization and self control will only help to manage the situations.

At this time of pandemic people really wanted to have a good earning in a week or month to sustain the daily needs of their family and sometimes being a gambler they are taking the risks of using their money remained hoping that they could double it which this is totally kind of risk and I have encountered such this kind of gambler. I am a gambler too but I just feel good that I have a good self control in my gambling budget and a 3% - 5% from my earning is enough for me.

As for now I don't think so that the gambling becomes one of the most priority some people does not have a stable job, due to having pandemic many people affected its not an ideal to do that trying to risk the funds for your daily needs just to hoping to win the game and double the earning always gambling houses win the games. Unless luck is with you.

[hahay]

The maxim is always that you should only gamble with money what you can spare, but most people know that. More importantly, keep a bankroll for gambling, and a strategy. And under no circumstances go over your limits, try to put your emotions aside. Only then can you enjoy it.

Budget doesn't matter if you have a good gambling experience it is possible to get more capital with less budget I agree the emotion cannot be played out here the damage will be greater must play through entertainment. If you become addicted you have to stop for now this will further reduce the amount of budget.

When you have experience then I'm sure even though you only have a small budget but you can still enjoy it, because big profits are just a bonus from luck and also the strategy you make. With you being able to enjoy the game then at least it is enough for you to play with calm emotions and therefore, a small budget is not a problem if you can still enjoy the game without a target to win big.

[Oshosondy]

At this time of pandemic people really wanted to have a good earning in a week or month to sustain the daily needs of their family and sometimes being a gambler they are taking the risks of using their money remained hoping that they could double it which this is totally kind of risk and I have encountered such this kind of gambler. I am a gambler too but I just feel good that I have a good self control in my gambling budget and a 3% - 5% from my earning is enough for me.

I have said before my gambling budget is only 2 to 5 percentage of my income, it can be less but it can not be more, anything more is the beginning of an addiction, having 3% - 5% is also not bad, it is also not a gambling addiction, even if someone lose, not depression will result.

For people to think they can let gambling be an occupation, it is very risky, these are people that are more likely to become an addict, they will lose and risky more and lose more. I have noticed women do not like to gamble, if they know their husband is doing such a thing, they will be against it, also married men do not gamble in such risky way like unmarried men, they have to think one or two before they can do such, when such can ruin family, they shouldn't try to do that, if anyone also think he is professional enough and see gambling as occupation, he will also lose more than he is expecting, gambling should only be taken as fun.

[Pamadar]

The maxim is always that you should only gamble with money what you can spare, but most people know that. More importantly, keep a bankroll for gambling, and a strategy. And under no circumstances go over your limits, try to put your emotions aside. Only then can you enjoy it.

Budget doesn't matter if you have a good gambling experience it is possible to get more capital with less budget I agree the emotion cannot be played out here the damage will be greater must play through entertainment. If you become addicted you have to stop for now this will further reduce the amount of budget.

When you have experience then I'm sure even though you only have a small budget but you can still enjoy it, because big profits are just a bonus from luck and also the strategy you make. With you being able to enjoy the game then at least it is enough for you to play with calm emotions and therefore, a small budget is not a problem if you can still enjoy the game without a target to win big.

Experienced gamblers know the risk of having a much higher budget,

If you can enjoy using a small amount and you are content with how the entertainment brought you, winning money is part of incentives
But the main factor is the enjoyment that you gained. Lots of talks about this, regarding to betting balance and how you'll limit yourself from losing more than what you can afford to let go.

[Oshosondy]

Experienced gamblers know the risk of having a much higher budget,

That is why experienced gamblers will not make use of higher budget, that is why they are experienced. When I started to gamble, I make use of higher budget, I lose more than usual, I had to change and reduce my budget when I knew I can not make enough from gambling, that my think is poor and that I have to change because it can ruin my life if I do not change. I started using lower budget, I now live a quality life unlike before when depression will begin after I lose, the losses are all the time more than the gain until I changed by using low budget and also not gambling frequently like before.

[dustboy]

In my opinion, making gambling as a source of income is not only high risk, but highly discouraged. Because it is very difficult to make a fixed
profit of 3%-5% from gambling, if you can do that I am amazed by you, means that your luck is very good in the world of gambling. There are
still many ways to be able to make money from the internet that is much safer, and has little risk. I highly recommend playing gambling just
for entertainment, then the budget that I prepared for gambling was only extra money from the income I received. Even though I ended up losing
all the capital I had while gambling, it didn't become a burden for me.

Making 3-5% profit from gambling is not that difficult if you are a risk taker. Very simple example to make 3-5% profit: lets say your initial deposit is $10, just do one bet on dice or other games where you can set the payout 1.03x-1.05x or spend 10% of your deposit in one bet by betting 1.3x-1.5x.

The risk is small with such low payout but if you are unlucky you may lose all in single bet. The other problem is, it is hard to control yourself when you win your very first bet because you may want more and more although your main target is 3-5% only.

[Poker Player]

For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

Lol. In my case, I include gambling in my monthly budget, but on the income side, coming from poker. It is an estimate, because not every month is the same.

What I did before is that the money I earned from poker I put in a fund to the S&P 500. Now take it and invest it in Bitcoin instead. It's between 5 to 15% of my income.

When I discovered the crypto world I deposited and played a bit in a crypto casino to see what it was like and also occasionally I've been to land-based casinos with friends and played a bit there but I don't have a monthly budget to spend.