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Author Topic: Don't bet more than you can afford to lose.  (Read 1285 times)
michellee
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January 13, 2022, 12:15:45 PM
 #261

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..... Grin
It's always advisable to understand what you're doing ....
They play gambling because of many reasons. Some of them play gambling to make money, while others play gambling to have fun and kill time. The passion for playing gambling longer will become bigger for both people, especially if they win a lot of money many times. So they decide to use their winning to win more but unfortunately, not many of them can win much more money. At the same time, the rest of them are losing their money without having a chance to recover their losses. It happens to many people here and out there so we need to avoid that if we do not want to see a big loss.

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January 13, 2022, 03:26:30 PM
 #262

It's very basic. It's the fundamental rule in gambling, although not really practiced by so many gamblers in real life. The money that you are going to bet, consider it gone before you even place the bet. So if you are betting with an amount that is supposed to be used for something else, then consider failing to buy that which you are supposed to buy. Lest we forget it, gambling is wasting money more than earning it. So, gamble only any excess.

There is something that I always proclaim, and that is that for gambling, sports betting, you have to bet the amount of money that one should be willing to lose, otherwise it is not good to put any assets at risk, if it is done that way Risk management is very likely to be a success and you will never have losses or failures as you commonly should.

However, when you do not have this control, it is very easy to fall into addiction and many times in the loss of quality of life, because the compulsive gambler bets everything he has in order to gamble and obtain that pleasure.

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January 13, 2022, 04:34:33 PM
 #263

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.

This is the worst possible scenario - first losing the money you need to live, and then looking for it while under constant stress, but for some reason, many gamblers fall into this pattern. Sometimes I get stressed just thinking I'm going to run out of cash + I'll lose income (the sum of these events is extremely unlikely) - it's just stress from thoughts Grin It’s not clear to me how people drive themselves into stress from actions.

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January 13, 2022, 04:39:50 PM
 #264

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.

It's either they're drowned/addicted or feeling some false hype which makes them feel that it'll be their one last lucky shot to win back what they've lost. But these cases are really common since then and the result will likely another loss for them, and there are some rare cases who also got lucky to get their money back. Still this practices ain't good to live with as it can result to debts that you can never repay.

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January 13, 2022, 08:12:38 PM
 #265

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..... Grin
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.
Even though this is not quite right, it is true that almost most people gamble in addition to getting pleasure, they also want happiness there.
apart from that all gamble, keep on gambling even if you really want profit but still luck will not come every day and no matter how hard we gamble, it is still a bookie and a gambling house Cheesy

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