Don't bet more than you can afford to lose.

[michellee]

I think that this thread will to some extent make people who do not plan their expenses aware that it is very important. Anyone who carelessly spends money gambling is at risk of becoming addicted sooner or later. Sticking to a budget plan is a very important aspect to see the limits.

Hopefully, they can be aware that managing their funds in gambling is very important and only gambling using the money they can afford. Some people who have many experiences can be aware and realize but the other people, especially new people, will not think much about this and will have the same problem as other people before. We can only remind everyone in this forum and people around us to always take care of their money while they are playing gambling and the rest will be up to them because we can not force them to follow our suggestions.

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[Peanutswar]

Today people are now having some tired situation due to quarantine and of course, they are looking for something to entertain themslves and one of this is playing gambling which is really the objective of the gambling platforms to give entertainment to their players at the same time to earn. Some of them already addicted and cant control themselves on playing too much and lose and wage most of their assets just to satisfy themselves, this kind of action requires a guide and self-awareness better to stop and cure imemdiately this kind of addiction. There are friends and family that helps to find hobby which is not as expensive as gambling.

[bakasabo]

The only people who can afford to gamble with more than they have are movie characters. I have never heard that someone took a credit, won a bet, returned credit and lived a long and happy life. The number of happy gamblers are greatly lower to those who lost. If a person cant live without gambling, he must train feeling of fullness, set limits. People must realize, when they gamble, they are alone against a whole system. Even if they won, the casino still wins. Not today, but next time definitely.

[Lucasgabd]

The only people who can afford to gamble with more than they have are movie characters. I have never heard that someone took a credit, won a bet, returned credit and lived a long and happy life. The number of happy gamblers are greatly lower to those who lost. If a person cant live without gambling, he must train feeling of fullness, set limits. People must realize, when they gamble, they are alone against a whole system. Even if they won, the casino still wins. Not today, but next time definitely.

I agree that this is probably quite rare and most of the people who gamble on credit will end up being ruined
just remember that just because we haven't heard of them this doesnt mean they don't exist.

[Woodie]

The funny thing is when starting off to gamble we always have a plan not to wager more than one can afford to lose, but fortunately after a few gaming rounds we find ourselves winning and then the temptations to wager more than usual kicks in and we know how this ends... thats how greed gets the better of us and we lose it all in the next few rounds of play and wish we didnt play any of the games at all. But then again you cant win if you dont play.

[KTChampions]

The funny thing is when starting off to gamble we always have a plan not to wager more than one can afford to lose, but fortunately after a few gaming rounds we find ourselves winning and then the temptations to wager more than usual kicks in and we know how this ends... thats how greed gets the better of us and we lose it all in the next few rounds of play and wish we didnt play any of the games at all. But then again you cant win if you dont play.

I have heard many such stories, but I have never been in such a situation myself. I always spend no more than I planned, but I'm not a gambler at all (for me gambling is mathematics), so I probably am not the best example. And usually I have a plan in case I start winning - I leave the amount with which I started playing and try my luck with "free" money.

[Silberman]

10 % is not a high amount unless you are really forced yourself to gamble despite the bills you have to pay.

If you have bills (or debts) to pay, you shouldn't gamble at all, your limit should be 0 % 
I think we are talking about situation when 2000 dollars is enough for your comfort living and you have some money to spend for entertainment.

And yeah, as i said previously, 10-15 % it's maximum limit

I agree with this, I personally avoid being in debt as if it is the worst thing in the world, and in my opinion it is as at least to me it is almost impossible to have a good night sleep knowing that I owe something to someone else, so if anyone is indebted then they cannot afford to buy any luxury and this includes gambling as well, but once you are out of your debts then that is the time in which you can be more permissive with yourself and spend a little bit more of money.

[bakasabo]

It is said that persons watch must cost not less than 1% of his year income. I dont know who and how this was calculated, but I think something similar might be applied to gambling.

When you get salary, pay your bills, make obligatory payments, buy food for 1 week and multiply this amount by 4, save 10-15% of your monthly salary for unexpected expenses. What is left - the amount you can easily spend on yourself. Spend it on gambling, entertainment or save, do what ever your want, as you know your budget. I would do like that if I were an addicted gambler.

[Japinat]

It is said that persons watch must cost not less than 1% of his year income. I dont know who and how this was calculated, but I think something similar might be applied to gambling.

When you get salary, pay your bills, make obligatory payments, buy food for 1 week and multiply this amount by 4, save 10-15% of your monthly salary for unexpected expenses. What is left - the amount you can easily spend on yourself. Spend it on gambling, entertainment or save, do what ever your want, as you know your budget. I would do like that if I were an addicted gambler.

It depends on how we handle our finances because we don't have the same value of income and the same source. I think as long as we are responsible for gambling this percentage would be useless as we can control what we can only risk. Those who get addicted maybe know how much they will risk only but they just failed to execute their plan effectively.

[Raflesia]

The funny thing is when starting off to gamble we always have a plan not to wager more than one can afford to lose, but fortunately after a few gaming rounds we find ourselves winning and then the temptations to wager more than usual kicks in and we know how this ends... thats how greed gets the better of us and we lose it all in the next few rounds of play and wish we didnt play any of the games at all. But then again you cant win if you dont play.

The temptation often occurs when winning at bets but if it is not controlled then of course the money from the victory will run out too, but if our principle is to play and then win and stop for a moment I think it is difficult if we want to play continuously the feeling is not satisfied even though there has been a victory in the game. our hands then that greed can destroy us.
This control is very important and must be regulated so that when this happens again later you can enjoy the money from the winnings.

[yazher]

It depends on how we handle our finances because we don't have the same value of income and the same source. I think as long as we are responsible for gambling this percentage would be useless as we can control what we can only risk. Those who get addicted maybe know how much they will risk only but they just failed to execute their plan effectively.

When they suffered straight loss, that's when they lose their sense and decide to bet everything they have. Unfortunately, most of them also lose it and they will remain stressed until they gave up to get back what they've lost. These kinds of people are safe from getting the worst addiction of gambling because they know how to stop when aren't going their way and finally decided to focus on something that will gonna benefit them and makes them move on with their unpleasant experience with gambling. while the others still push towards their goal without any thought of they might gonna be suffer more losses and bury themselves with loans.

[passwordnow]

The funny thing is when starting off to gamble we always have a plan not to wager more than one can afford to lose, but fortunately after a few gaming rounds we find ourselves winning and then the temptations to wager more than usual kicks in and we know how this ends... thats how greed gets the better of us and we lose it all in the next few rounds of play and wish we didnt play any of the games at all. But then again you cant win if you dont play.

That's always the case for the starters, we make promises on how much we're willing to lose but eventually, as we lose. We want to recover that loss and even win more.
The craving is increasing and that's the sensation of gambling. We want to wager and bet for some more because that's making us feel that we need to do it for more.

[madnessteat]

^

Limiting the amount of funds for gambling only works if a person has learned to control his funds. Some gamblers can not comprehend this wisdom for years so it has nothing to do with whether the player is a beginner or not. It depends on the person himself and his attitude to gambling and his own money. I will never understand a person who is ready to spend his last money on gambling for a tiny chance to win. It seems to me that such a person is incapable of overcoming a gambling addiction without the help of others. 

[KTChampions]

^

Limiting the amount of funds for gambling only works if a person has learned to control his funds. Some gamblers can not comprehend this wisdom for years so it has nothing to do with whether the player is a beginner or not. It depends on the person himself and his attitude to gambling and his own money. I will never understand a person who is ready to spend his last money on gambling for a tiny chance to win. It seems to me that such a person is incapable of overcoming a gambling addiction without the help of others. 

Even with the help of others, not all people can correct this behavior pattern because it is not an addiction, but simple dumbness. It may sound rude, but some people are not intellectually developed and no matter how you explain to them about cause-and-effect relationships, they do not understand this and continue to fall for casino tricks.

[madnessteat]

^

I believe that if a person knows how to make money, then he is not stupid.  Most likely he simply does not have a sufficient level of financial literacy and responsibility that does not allow him to treat his money with care.Most likely he understands that the chances of leaving the casino with a winnings are small, but he can only stop when his pockets are empty due to greed.

[KTChampions]

^

I believe that if a person knows how to make money, then he is not stupid.  Most likely he simply does not have a sufficient level of financial literacy and responsibility that does not allow him to treat his money with care.Most likely he understands that the chances of leaving the casino with a winnings are small, but he can only stop when his pockets are empty due to greed.

If we assume that a person knows how to make money, then in most cases he is certainly not stupid. The problem is that the described problem concerns all people and in the modern world people have money even if they don't know how to make it. In different countries, the amount of this "easy" money is different, but the more developed the country is, the more such money is there.

[passwordnow]

^

Limiting the amount of funds for gambling only works if a person has learned to control his funds. Some gamblers can not comprehend this wisdom for years so it has nothing to do with whether the player is a beginner or not. It depends on the person himself and his attitude to gambling and his own money.

Sometimes those gamblers are only promising to themselves and following it at the beginning. But eventually, they're changing and won't follow the rule that they've promised to obey.

I will never understand a person who is ready to spend his last money on gambling for a tiny chance to win. It seems to me that such a person is incapable of overcoming a gambling addiction without the help of others. 

There really are those gamblers that are willing to spend the last money they've got. They believe in YOLOing and that's what they think where their final luck is going to come out.

[dunfida]

^

I believe that if a person knows how to make money, then he is not stupid.  Most likely he simply does not have a sufficient level of financial literacy and responsibility that does not allow him to treat his money with care.Most likely he understands that the chances of leaving the casino with a winnings are small, but he can only stop when his pockets are empty due to greed.

If we assume that a person knows how to make money, then in most cases he is certainly not stupid. The problem is that the described problem concerns all people and in the modern world people have money even if they don't know how to make it. In different countries, the amount of this "easy" money is different, but the more developed the country is, the more such money is there.

Would really be just sensible if you would spend up money because you do know that you could earn it back again from various sources and i dont really see any problems with that as long you are aware on your spending

unlike other people who do spend out that theres no tomorrow to mind off and its true that we do have different aspects in life which whether you are minding about your future or just only stuck with the present
and minding it off later on when it comes to problem.

I dont like on having that very stressful kind of condition on where you do seek off money just because you had already spend it out.

[Alisha-k]

When I hear about the rate of losses in gambling and most casinos, I'm always inspired to retardation on several occasions.
...and I keep asking myself, why was these idea invented at first? was this not to help most people exercise thier passion for gaming,with thier money and also give them some kinda liverage as ends meet? ...it still remains an unanswerable questions but on the contrary, people have discovered they only help the company make money from their pockets so they don't indulge to get something in return; they play just for fun and I don't think any sane person would rather prefer to stake millions over his worth just for fun.....
It's always advisable to understand what you're doing ....

[TinaK]

When I hear about the rate of losses in gambling and most casinos, I'm always inspired to retardation on several occasions.
...and I keep asking myself, why was these idea invented at first? was this not to help most people exercise thier passion for gaming,with thier money and also give them some kinda liverage as ends meet? ...it still remains an unanswerable questions but on the contrary, people have discovered they only help the company make money from their pockets so they don't indulge to get something in return; they play just for fun and I don't think any sane person would rather prefer to stake millions over his worth just for fun.....
It's always advisable to understand what you're doing ....

We can't blame them, people do gamble because of dual purposes. While having fun at the same time hoping to make a profit and maybe that's the reason why they keep gamble. You can even buy popcorn and drink while watching movies in the theater while having fun, the same as gambling, but while having fun there's a possibility that you will make a profit from it. So the problem is if you didn't put a limit, it should be spending the amount that you can afford to lose only.