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Author Topic: Your betting budget  (Read 4947 times)
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August 21, 2021, 01:41:14 AM
 #481

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.

We can't really encourage people to organize their budget whether they losing or winning since the gambling adrenaline is always there.

When they win, they will tend to gamble more expecting another win. When they lose, they will still tend to gamble more expecting to recover. The process and the cycle are just repeating.

For them to become responsible, there should be a certain situation that can trigger it. For what it is, we don't know and it varies per person.

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August 21, 2021, 08:00:00 AM
 #482

Not only will budgeting your betting allow you to save up money. Most importantly it instills discipline to you as a gambler which is a very integral skill to learn in a field where one wrong decision could cost you a lot of money. People oftentimes downplay the importance of self-control especially when gambling since the thrill of the game instills the illusion of gambler's fallacy, where certain random events can be misconstrued for something like a lucky streak or bad luck. Can never emphasize how important this is, and all of these important skills in gambling can be learned by simply learning how to budget your own cash.
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.

We can't really encourage people to organize their budget whether they losing or winning since the gambling adrenaline is always there.

When they win, they will tend to gamble more expecting another win. When they lose, they will still tend to gamble more expecting to recover. The process and the cycle are just repeating.

For them to become responsible, there should be a certain situation that can trigger it. For what it is, we don't know and it varies per person.
Then again it's always helpful to give friendly advice to people especially when you feel like they need it. I think all gamblers are aware of the thrill of the game and how it can mess up your perception of reality, and the least they can do to minimize, if not avoid losses is to learn how to budget their money or induce self-control when they feel like they are going overboard, you can't teach these skills anyway and they would have to learn these by themselves so it's not like you are nosing around how they do their business.



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August 21, 2021, 03:07:13 PM
 #483

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.

We can't really encourage people to organize their budget whether they losing or winning since the gambling adrenaline is always there.

When they win, they will tend to gamble more expecting another win. When they lose, they will still tend to gamble more expecting to recover. The process and the cycle are just repeating.

For them to become responsible, there should be a certain situation that can trigger it. For what it is, we don't know and it varies per person.
Unless that person can realize by themselves how much money they should use to gamble. We can only suggest them but not forcing them to follow us as that is their money and they are free doing with their money.

If they can realize to stop gambling after winning, they should prepare to get the losses in the next rounds, but they will not know when to get the losses or win.



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August 21, 2021, 03:38:38 PM
 #484


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.


An addict's budget can only be all the money they can borrow, through appropriation as well as their basic source of income, advice still has their ears but their hearts prefer to hear the sound of gambling, the sound of winnings after a bet and their lives are also left with chaotic disasters, almost no one wants to reach out to help such people, sometimes gambling addiction is identified as the scum of society. Under any circumstances, our budget for entertainment should not go beyond what we admit, a little flame of borrowing can burn us to ashes.

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August 21, 2021, 03:51:25 PM
 #485

An addict's budget can only be all the money they can borrow, through appropriation as well as their basic source of income, advice still has their ears but their hearts prefer to hear the sound of gambling, the sound of winnings after a bet and their lives are also left with chaotic disasters, almost no one wants to reach out to help such people, sometimes gambling addiction is identified as the scum of society. Under any circumstances, our budget for entertainment should not go beyond what we admit, a little flame of borrowing can burn us to ashes.
I can allocate 20% of my total monthly income to entertain myself in some games. I don't think that borrowing money for gambling purposes is the best way to profit from gambling. The risk of loss is always real and bad debt is something that is most likely to occur if all the money borrowed is spent on gambling. If you really believe that a loan is okay if it is used for gambling, then I believe problems will come because of it. So far I've never done it and have no plans to do so.

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August 21, 2021, 03:58:22 PM
 #486

An addict's budget can only be all the money they can borrow, through appropriation as well as their basic source of income, advice still has their ears but their hearts prefer to hear the sound of gambling, the sound of winnings after a bet and their lives are also left with chaotic disasters, almost no one wants to reach out to help such people, sometimes gambling addiction is identified as the scum of society. Under any circumstances, our budget for entertainment should not go beyond what we admit, a little flame of borrowing can burn us to ashes.
I like your suggestion, the budget for entertainment should not be higher than our income
Gambling addicts are not much different from drug addicts, they are the trash of society and that's a disgusting thing

I once had a colleague at work but he was a gambling addict, his debts were very large, and that caused him divorce from his wife
Setting a budget for gambling is very important, it is non-negotiable

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August 21, 2021, 08:03:10 PM
 #487

An addict's budget can only be all the money they can borrow, through appropriation as well as their basic source of income, advice still has their ears but their hearts prefer to hear the sound of gambling, the sound of winnings after a bet and their lives are also left with chaotic disasters, almost no one wants to reach out to help such people, sometimes gambling addiction is identified as the scum of society. Under any circumstances, our budget for entertainment should not go beyond what we admit, a little flame of borrowing can burn us to ashes.
I like your suggestion, the budget for entertainment should not be higher than our income
Gambling addicts are not much different from drug addicts, they are the trash of society and that's a disgusting thing

I once had a colleague at work but he was a gambling addict, his debts were very large, and that caused him divorce from his wife
Setting a budget for gambling is very important, it is non-negotiable

I only had a realization that greediness and abuse could lead to addiction. One of the common mistakes of gamblers that goes into gambling addiction is their abusive desire to continually win once they taste a good profit which is a wrong mindset. An allocated budget for gambling no matter what's the result of our gameplay and bets should be enough.
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August 21, 2021, 08:20:52 PM
 #488

An addict's budget can only be all the money they can borrow, through appropriation as well as their basic source of income, advice still has their ears but their hearts prefer to hear the sound of gambling, the sound of winnings after a bet and their lives are also left with chaotic disasters, almost no one wants to reach out to help such people, sometimes gambling addiction is identified as the scum of society. Under any circumstances, our budget for entertainment should not go beyond what we admit, a little flame of borrowing can burn us to ashes.
I like your suggestion, the budget for entertainment should not be higher than our income
Gambling addicts are not much different from drug addicts, they are the trash of society and that's a disgusting thing

I once had a colleague at work but he was a gambling addict, his debts were very large, and that caused him divorce from his wife
Setting a budget for gambling is very important, it is non-negotiable

I only had a realization that greediness and abuse could lead to addiction. One of the common mistakes of gamblers that goes into gambling addiction is their abusive desire to continually win once they taste a good profit which is a wrong mindset. An allocated budget for gambling no matter what's the result of our gameplay and bets should be enough.

That's a stupid desire because we are getting unrealistic, hence it resulted in bigger losses in the long run, I know there are times we lose control in gambling lose with the unexpected amount but we should always learn from our mistakes, never stop learning as eventually we will get matured and will be able to enjoy gambling by staying disciplined all the time.

Enjoy the winning if we are lucky, but let us not be greedy and it always makes us suffer in the end.

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August 21, 2021, 08:24:43 PM
 #489

An addict's budget can only be all the money they can borrow, through appropriation as well as their basic source of income, advice still has their ears but their hearts prefer to hear the sound of gambling, the sound of winnings after a bet and their lives are also left with chaotic disasters, almost no one wants to reach out to help such people, sometimes gambling addiction is identified as the scum of society. Under any circumstances, our budget for entertainment should not go beyond what we admit, a little flame of borrowing can burn us to ashes.
I can allocate 20% of my total monthly income to entertain myself in some games. I don't think that borrowing money for gambling purposes is the best way to profit from gambling. The risk of loss is always real and bad debt is something that is most likely to occur if all the money borrowed is spent on gambling. If you really believe that a loan is okay if it is used for gambling, then I believe problems will come because of it. So far I've never done it and have no plans to do so.
So you have made the right choice, because to borrow money for betting is totally discouraged. Besides the debt that is almost sure to go to the moon, the gambler also puts his life under risk if he isn't able to pay it back. There are many people who got murdered for not paying a loan back. Furthermore it's not dangerous only for the gambler, but for his family as well, as everyone related to the borrower will be on the radar of the loan sharks.

People who don't have money to gamble should just not gamble. This way they would be safe and sound.

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