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Author Topic: Your betting budget  (Read 4947 times)
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August 19, 2021, 09:28:03 AM
 #461

In my opinion, setting a monthly budget for yourself in order to limit spending money is a good idea, but I try to play gambling is not regular so as not to develop a gambling addiction (as in Pavlov's famous experiment with the dog when the dog has a new conditioned reflex), so my budget is allocated for one game and is no more than $100.

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August 19, 2021, 10:14:08 AM
 #462

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.
and also not just limiting your budget but also the target wins because the problem with most of gamblers are yes they have budgeting but they don't have an exit plans in which instead of winning in the beginning yet they end up losing because the lust to win when we are playing is no ending , as long as we are seeing the funds in our pocket still we will play and bet.
so two things , prepare your budget to bet and prepare your target to win.
In my opinion, setting a monthly budget for yourself in order to limit spending money is a good idea, but I try to play gambling is not regular so as not to develop a gambling addiction (as in Pavlov's famous experiment with the dog when the dog has a new conditioned reflex), so my budget is allocated for one game and is no more than $100.
i think monthly budget is hard to maintain instead we should put a budget per Gaming , meaning each time we play there must bea  budget .









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August 19, 2021, 12:53:26 PM
 #463

In my opinion, setting a monthly budget for yourself in order to limit spending money is a good idea, but I try to play gambling is not regular so as not to develop a gambling addiction (as in Pavlov's famous experiment with the dog when the dog has a new conditioned reflex), so my budget is allocated for one game and is no more than $100.

I do follow the same principle that each month on particular month I keep an x amount fixed for the playing or say for fun. If I lose that say on the very next day too than whole month I will be away as cannot input more capital as monthly budget allocated is finished. And in case if win certain amount during that month then that will be my bonus amount. This just helps to be in limits.

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August 19, 2021, 01:23:32 PM
 #464

In my opinion, setting a monthly budget for yourself in order to limit spending money is a good idea, but I try to play gambling is not regular so as not to develop a gambling addiction (as in Pavlov's famous experiment with the dog when the dog has a new conditioned reflex), so my budget is allocated for one game and is no more than $100.

I do follow the same principle that each month on particular month I keep an x amount fixed for the playing or say for fun. If I lose that say on the very next day too than whole month I will be away as cannot input more capital as monthly budget allocated is finished. And in case if win certain amount during that month then that will be my bonus amount. This just helps to be in limits.


You do have a good control with yourself, having that kind of discipline ain't easy to do, there are times that gambling will haunt you.

Times that urgency to play is inside you, letting you think that you can win this time or on that particular events,
it's common that even you set your budget you still feel something that pushing you play and deposit another amount.

But if you do have that focus, then you are good and your chance also to win is better than those who can't control.
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August 19, 2021, 02:24:36 PM
 #465

In my opinion, setting a monthly budget for yourself in order to limit spending money is a good idea, but I try to play gambling is not regular so as not to develop a gambling addiction (as in Pavlov's famous experiment with the dog when the dog has a new conditioned reflex), so my budget is allocated for one game and is no more than $100.

I do follow the same principle that each month on particular month I keep an x amount fixed for the playing or say for fun. If I lose that say on the very next day too than whole month I will be away as cannot input more capital as monthly budget allocated is finished. And in case if win certain amount during that month then that will be my bonus amount. This just helps to be in limits.


You do have a good control with yourself, having that kind of discipline ain't easy to do, there are times that gambling will haunt you.

Times that urgency to play is inside you, letting you think that you can win this time or on that particular events,
it's common that even you set your budget you still feel something that pushing you play and deposit another amount.

But if you do have that focus, then you are good and your chance also to win is better than those who can't control.

You will either win consistently or lose with a minimal amount if you have the discipline in gambling.

It's important that everyone will understand, it's not easy to lose your hard-earned money because of your lack of discipline, so it's really important to be realistic and look at the risk first before making a decision. In gambling, there's a risk and there's a reward, but the reality says most gamblers loses money, so you know that it's not easy to win.

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August 19, 2021, 03:57:55 PM
 #466

In my opinion, setting a monthly budget for yourself in order to limit spending money is a good idea, but I try to play gambling is not regular so as not to develop a gambling addiction (as in Pavlov's famous experiment with the dog when the dog has a new conditioned reflex), so my budget is allocated for one game and is no more than $100.
That's a huge level of dicipline hope you don't get tempted by your future winnings and you decide to step up your deposits from there you get tempted to stake more as well. $100 set aside for gambling is nice which means once it gets exusted you forfiet gambling for the whole of that month maybe till the next month. Will u get the fun in the industry this way?
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August 19, 2021, 04:29:06 PM
 #467

In my opinion, setting a monthly budget for yourself in order to limit spending money is a good idea, but I try to play gambling is not regular so as not to develop a gambling addiction (as in Pavlov's famous experiment with the dog when the dog has a new conditioned reflex), so my budget is allocated for one game and is no more than $100.
That's a huge level of dicipline hope you don't get tempted by your future winnings and you decide to step up your deposits from there you get tempted to stake more as well. $100 set aside for gambling is nice which means once it gets exusted you forfiet gambling for the whole of that month maybe till the next month. Will u get the fun in the industry this way?

I have a pretty good level of self-control, which I successfully use in gambling as well as in long-term investments in cryptocurrencies. I don't gamble because it attracts me to win. It is one of the activities that bring me pleasure. That is why I can do without gambling as long as I want, I just need to choose another activity that I like.

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August 19, 2021, 04:30:14 PM
 #468

In my opinion, setting a monthly budget for yourself in order to limit spending money is a good idea, but I try to play gambling is not regular so as not to develop a gambling addiction (as in Pavlov's famous experiment with the dog when the dog has a new conditioned reflex), so my budget is allocated for one game and is no more than $100.

Pavlov's dog was learned behavior.... (Ring the bell, every time you feed him.. and he will drool.... then only ring the bell without the food and he will drool in anticipation of the food.) So how is this applicable to gambling?

Gambling must be part of your "entertainment" budget... so you know that you have to sacrifice something else, if you go over your budget. Example : Say you set aside $1000 per month for entertainment (Takeaways/Beer with friends/Movies etc.) ...and you use that for gambling.. then your punishment for yourself, will be that you cannot do these other things.  Wink

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August 19, 2021, 04:31:11 PM
 #469

In my opinion, setting a monthly budget for yourself in order to limit spending money is a good idea, but I try to play gambling is not regular so as not to develop a gambling addiction (as in Pavlov's famous experiment with the dog when the dog has a new conditioned reflex), so my budget is allocated for one game and is no more than $100.

I do follow the same principle that each month on particular month I keep an x amount fixed for the playing or say for fun. If I lose that say on the very next day too than whole month I will be away as cannot input more capital as monthly budget allocated is finished. And in case if win certain amount during that month then that will be my bonus amount. This just helps to be in limits.


I really envy you! 

You have a very strong will.  You are a very disciplined person.  These qualities of a human character are very helpful in life.  Especially in training and business.  Most players suffer big losses due to lack of discipline. 

I wouldn't be surprised if your gambling win statistics are positive.  I cannot boast of that.  I am a very emotional and gambling person.  By temperament I am choleric. 

You are probably sanguine or phlegmatic.  A balanced nervous system is a huge plus.  Although phlegmatic people do not make decisions quickly enough. 

However, they make correct and informed decisions!

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Natalim
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August 19, 2021, 09:39:35 PM
 #470

In my opinion, setting a monthly budget for yourself in order to limit spending money is a good idea, but I try to play gambling is not regular so as not to develop a gambling addiction (as in Pavlov's famous experiment with the dog when the dog has a new conditioned reflex), so my budget is allocated for one game and is no more than $100.

I do follow the same principle that each month on particular month I keep an x amount fixed for the playing or say for fun. If I lose that say on the very next day too than whole month I will be away as cannot input more capital as monthly budget allocated is finished. And in case if win certain amount during that month then that will be my bonus amount. This just helps to be in limits.


I really envy you! 

You have a very strong will.  You are a very disciplined person.  These qualities of a human character are very helpful in life.  Especially in training and business.  Most players suffer big losses due to lack of discipline. 

I wouldn't be surprised if your gambling win statistics are positive.  I cannot boast of that.  I am a very emotional and gambling person.  By temperament I am choleric. 

You are probably sanguine or phlegmatic.  A balanced nervous system is a huge plus.  Although phlegmatic people do not make decisions quickly enough. 

However, they make correct and informed decisions!

There's no need to envy man, as a gambler, you know the risk, therefore you need to know how to manage the risk.

Some people learn from their mistakes and they had developed to be a disciplined gamblers, it's just a matter of mindset, like managing your business, you should know up to how much you can risk and so if you''ll lose which is likely for most gamblers, you'll never lose more than you can't afford to lose.

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August 20, 2021, 11:26:03 AM
 #471

^

This experiment with a dog perfectly demonstrates how a conditioned reflex develops. A human being as well as a dog acquires a conditioned reflex while playing gambling, which is why many players have an irresistible urge to visit a casino. Just compare the man playing in the slot machine and Pavlov's dog and you'll understand everything.

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August 20, 2021, 11:56:10 AM
 #472

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.

What you describe may be possible, but getting 3%-5% profit from gambling cannot be obtained in a row. The risk is that we can lose all the money
we have, if we play excessively or we can't control our greed. It's not a new thing experienced by many gamblers, if win we want to get the next win,
and ended up losing all our money. So don't be obsessed with winning when playing gambling, because it will cause us to lose a lot of money.
Just enjoy the gambling games that we do, if we do win, we must stop immediately and withdraw the profits we get.

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August 20, 2021, 01:20:09 PM
 #473


What you describe may be possible, but getting 3%-5% profit from gambling cannot be obtained in a row. The risk is that we can lose all the money
we have, if we play excessively or we can't control our greed. It's not a new thing experienced by many gamblers, if win we want to get the next win,
and ended up losing all our money. So don't be obsessed with winning when playing gambling, because it will cause us to lose a lot of money.
Just enjoy the gambling games that we do, if we do win, we must stop immediately and withdraw the profits we get.

There are many gamblers who suffered from this kind of experienced, thinking that they can quit after winning their small target.

But after filling that out they continue to try winning more, the outcome is not good since instead of winning
and enjoying they just lost it back together with their capital.

Better to enjoy your game and treat those winnings as additional incentive if you manage to win some from the house.
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August 20, 2021, 01:26:54 PM
 #474


What you describe may be possible, but getting 3%-5% profit from gambling cannot be obtained in a row. The risk is that we can lose all the money
we have, if we play excessively or we can't control our greed. It's not a new thing experienced by many gamblers, if win we want to get the next win,
and ended up losing all our money. So don't be obsessed with winning when playing gambling, because it will cause us to lose a lot of money.
Just enjoy the gambling games that we do, if we do win, we must stop immediately and withdraw the profits we get.

There are many gamblers who suffered from this kind of experienced, thinking that they can quit after winning their small target.

But after filling that out they continue to try winning more, the outcome is not good since instead of winning
and enjoying they just lost it back together with their capital.

Better to enjoy your game and treat those winnings as additional incentive if you manage to win some from the house.

We could really have those kind of limits that we do have set before we do able to play but once we had already gambled then stopping mid way is always been the problem on where people do really

failed to stop theirselves and would get addicted after wards on where they do spend up money that it shouldn't really be spent in the first place or simply going beyond into their budget.

When you do gamble then set limits and when its total lost then don't tend on adding up and this is kind of the behavior on where a gambler must have.

R


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August 20, 2021, 04:07:21 PM
 #475

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.
Even if most people know that you should only gamble with money that you can afford to lose that does not mean that people actually follow the advice, after all it is very common that people are gambling and then they get upset because of a bad loss and instead of calling it a day and login out of their account they decide they want to keep gambling so they can recover that money and they go way over their daily limit and lose so much money that by then they have some problems paying their bills.

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August 20, 2021, 04:49:55 PM
 #476

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.
Even if most people know that you should only gamble with money that you can afford to lose that does not mean that people actually follow the advice, after all it is very common that people are gambling and then they get upset because of a bad loss and instead of calling it a day and login out of their account they decide they want to keep gambling so they can recover that money and they go way over their daily limit and lose so much money that by then they have some problems paying their bills.

obviously people don't follow advice
but then it often happens that they find themselves with their asses on the ground
and that they lose money they need to live

here we give advice to avoid being in bad situations and to play as healthy fun


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August 20, 2021, 05:16:15 PM
 #477


obviously people don't follow advice
but then it often happens that they find themselves with their asses on the ground
and that they lose money they need to live

here we give advice to avoid being in bad situations and to play as healthy fun
not gambling addicts if they can still listen to advise...

addicts have lost their minds. they are willing to go all out and even borrow money for their satisfaction while playing. In my country, there was once a case of a gambling addict who embezzled company funds just for the sake of online gambling and was eventually arrested by the police. gambling addicts don't determine their budget when playing.




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sunsilk
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August 20, 2021, 09:49:42 PM
 #478

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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.
It is impossible not think about winning.

We're all going to think about winning but we have to control ourselves and as well as be in shape and well as we gamble. You won't depend your action based on your budget. But you're going to make sure that you're aware with what you're doing.

Being in the right shape means that you're aware of possible consequences for every action you do.

BuNga_cute
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August 20, 2021, 09:55:56 PM
 #479

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There are many gamblers who suffered from this kind of experienced, thinking that they can quit after winning their small target.

But after filling that out they continue to try winning more, the outcome is not good since instead of winning
and enjoying they just lost it back together with their capital.

Better to enjoy your game and treat those winnings as additional incentive if you manage to win some from the house.
We could really have those kind of limits that we do have set before we do able to play but once we had already gambled then stopping mid way is always been the problem on where people do really

failed to stop theirselves and would get addicted after wards on where they do spend up money that it shouldn't really be spent in the first place or simply going beyond into their budget.

When you do gamble then set limits and when its total lost then don't tend on adding up and this is kind of the behavior on where a gambler must have.

The thing that really has to be done is to limit the budget that we will use for gambling, otherwise there is always a desire to gamble continuously.
Because every gambler is indeed very difficult to accept the losses they have experienced, and also there is always a sense of desire to win even more.
If we do not limit the budget used, most likely without realizing we will make a deposit again to be able to catch up on the losses we have experienced.
Many gamblers fail to stop themselves from getting addicted, so it's no wonder the gambling industry is growing so fast.

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Lordhermes
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August 21, 2021, 01:10:43 AM
 #480

Most people go all the way of keeping extra cash for betting after being paid their salary.These are people that can't do without gambling.They put all their resources in gambling,expecting that one day,they will win a big game,but the way these casino are organised and keyed,it is for only their favour,so no point in keeping extra funds for gambling.

Moreover,some may argue it out that keeping extra funds or budgeting to gamble may be the best thing,so as not to touch one's income.Some person's are always pretty lucky though,some are professionals in gambling,and as a result,give out games to people to play.
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