little knowledge about gambling - before I knowing bitcointalk.org forum

[madnessteat]

^

You are absolutely right. Out of millions of people gambling, only a few take the jackpot because the probability of such an event is negligible. I believe that if a gambler comes to a casino just to try his luck and take the jackpot, he is sure to leave the casino with empty pockets. In my opinion, if a person does not enjoy gambling, he should not spend his time and money on it at all.

[SirLancelot]

1. Know when is the right time to stop playing.
2. Set limits and monitor your money.
3. Safeguard your budget.
The best gamblers I know are constantly vigilant and always evaluate the balance between losses and gains.
And The best advice I could give to someone who wants to start gambling is probably to never start gambling to win. It's definitely the worst approach that in the long run leads to the financial ruin of any novice gambler.

1. Right time stop is after you won sufficient amount of money, you better withdraw now or you will be tempted to bet again and you wont notice that all of your winnings, along with your starting balance are now gone. This does not only apply to winning but it is also the right time to stop gambling once it affects your life badly, not only financially but mentally and emotionally.

2. Who does not set a limit and monitor his balance when he play gambling? Even outside gambling, let's make it a habit to monitor out money.

3. This is same with number 2. Thanks for this tips, they are not new but its serve as a reminder for the gamblers that starting to forget it.

[Cling18]

Knowing when to stop and when to continue when it comes to gambling is necessary. We should know how to put limits so we'll be able to handle our funds right. Allocating enough funds for gambling would be the safest thing to do so we could put control on too much spending. Self-control and self-discipline should always be a part of our gambling journey.

[Jawhead999]

That's a common advice before start to gambling and I think people already know it, the problem is they're not discipline, consistent, and self controlling himself about those rules. The emotion and adrenaline often ruined their self control which make addiction. Many people doesn't aware when he's already addicted on gambling and they're not seeking professional help.

Safeguarding budget is useless, it seems to me if you want to protect all of your money you'd better not to gamble since it will make you loss.

[$crypto$]

From that suggestion, I already knew it from people who said this in the past, so it became a common suggestion if it was as simple as this.

If you want to stop playing, you have to retire from gambling, but if you are disciplined in time, it will be determined by yourself.
I know about the limits so I always deposit enough to bet.
I am aware of this so that the budget is not overstated due to uncontrolled emotions.

I, basically gambling wants to win and have fun but if I lose I know it's all bad luck, but I always try to win bets.

[bitbollo]

As we know that Gambling offers players the chance to pocket a lot of money, but it can also lead to significant monetary losses (which we all had). Even though I'm new to this forum, but I want to share a little experience related to gambling on various online sites. While you may hear it often, here's a snippet:
1. Know when is the right time to stop playing.
2. Set limits and monitor your money.
3. Safeguard your budget.
The best gamblers I know are constantly vigilant and always evaluate the balance between losses and gains.
And The best advice I could give to someone who wants to start gambling is probably to never start gambling to win. It's definitely the worst approach that in the long run leads to the financial ruin of any novice gambler.

Gambling lead also to toxic addiction in some cases and not only pocketing money. There are many rules to follow before you can win. You have to find a game where you have some ability. If you are not enough experienced you have to play just for pleasure of play/sake of victory and not trying to get rich or earning free bucks.
House has always a great advantage in any game you will play... You must be aware about that stuffs.

[Vaskiy]

As we know that Gambling offers players the chance to pocket a lot of money, but it can also lead to significant monetary losses (which we all had). Even though I'm new to this forum, but I want to share a little experience related to gambling on various online sites. While you may hear it often, here's a snippet:
1. Know when is the right time to stop playing.
2. Set limits and monitor your money.
3. Safeguard your budget.
The best gamblers I know are constantly vigilant and always evaluate the balance between losses and gains.
And The best advice I could give to someone who wants to start gambling is probably to never start gambling to win. It's definitely the worst approach that in the long run leads to the financial ruin of any novice gambler.

Gambling lead also to toxic addiction in some cases and not only pocketing money. There are many rules to follow before you can win. You have to find a game where you have some ability. If you are not enough experienced you have to play just for pleasure of play/sake of victory and not trying to get rich or earning free bucks.
House has always a great advantage in any game you will play... You must be aware about that stuffs.

When one is new to gambling people won't be knowing all these stuffs. There'll be blank understanding that gambling could bring big money. Only after experiencing big losses, gamblers will get to know about the real outcome of gambling. As mentioned it is more into addiction, because when we play without knowing anything we'll win good. When we try to keep the win continue, we'll loss. From then we'll try to recover what we've lost and leave gambling. Here we won't succeed.

[fiulpro]

Other than that you have to also understand the fact that some Altcoins are less expensive to send and therefore you also have a lot of options there, you don't have to just use Bitcoins you can use other things as well and at the end of the day you have to understand the fact that you should never keep your winnings on the site since the price changes very quickly as well. There are many sites which have a lot of options and people can generally get a lot of money by playing on certain ones if they are a VIP customer. It's all about investing in a particular one. At the same time you should always keep the customer service as your prime thing in choosing one.

[hyudien]

1. Know when is the right time to stop playing.

That can't be done, in fact, you will lose track of time when you start gambling. Why? because gambling is based on the desire to win, as long as there is a balance and he hasn't gotten the Jackpot then he will continue to play until it's all gone.

2. Set limits and monitor your money.

Gambling is not a trade that easily sets a budget and limits a loss. Going back to the main rule gambling is hard to control when you are at the peak of your emotions and mentality which are very susceptible to being carried away by the flow of casino games.

3. Safeguard your budget.
The best gamblers I know are constantly vigilant and always evaluate the balance between losses and gains.
And The best advice I could give to someone who wants to start gambling is probably to never start gambling to win. It's definitely the worst approach that in the long run leads to the financial ruin of any novice gambler.

The ideal is that visiting gambling is not to satisfy desires, but to entertain yourself from the fatigue of the mind and play as if losing and winning were agreed terms. Then back again to the casino where there is nothing out there to entertain you but play. Once again gambling is a means of playing / entertainment where you just have fun, not even out of control.

[bitzizzix]

If your goal is to bet to pocket a lot of money. That's not true, without realizing it, gambling will continue to take money in the pocket until it runs out and even loses everything.
and what the OP mentioned is what gamblers usually do which is not very effective, and the most important thing is to prepare yourself to be able to control yourself and emotions while playing which in my opinion is the main thing.
so gambling that must be prepared is not only capital, discipline, budgeting and so on. but mental, self-control, not ambitious and able to restrain emotions are the most important and must be ready when gambling.

[AmoreJaz]

That's a common advice before start to gambling and I think people already know it, the problem is they're not discipline, consistent, and self controlling himself about those rules. The emotion and adrenaline often ruined their self control which make addiction. Many people doesn't aware when he's already addicted on gambling and they're not seeking professional help.

Safeguarding budget is useless, it seems to me if you want to protect all of your money you'd better not to gamble since it will make you loss.

for those that are not yet addicted to gambling, they mostly know when to stop and control their gambling activities. but if a person is already addicted to it, that's when he will find a lot of troubles in life esp if the person doesn't have the resources to supply his gambling addiction.
even without this forum, a gambler should know his responsibilities as a player. no one will look after him but himself.

[dunfida]

As we know that Gambling offers players the chance to pocket a lot of money, but it can also lead to significant monetary losses (which we all had). Even though I'm new to this forum, but I want to share a little experience related to gambling on various online sites. While you may hear it often, here's a snippet:
1. Know when is the right time to stop playing.
2. Set limits and monitor your money.
3. Safeguard your budget.
The best gamblers I know are constantly vigilant and always evaluate the balance between losses and gains.
And The best advice I could give to someone who wants to start gambling is probably to never start gambling to win. It's definitely the worst approach that in the long run leads to the financial ruin of any novice gambler.

Considering about on how many similar threads to this one then it is really just the basics yet if you do really treat up gambling on that way then you would be easily fucked up.
Dont play for money but rather focus out on entertainment because if you do really let yourself fall into addiction due to greed then you would really be finding some problems
later on.

Be wary on your actions because it wasnt intended to make you rich but rather this serves as purpose for entertainment or enjoyment and not a source of income.
Once you do have this mindset then you wouldnt really be putting yourself in harm.

[Fortify]

As we know that Gambling offers players the chance to pocket a lot of money, but it can also lead to significant monetary losses (which we all had). Even though I'm new to this forum, but I want to share a little experience related to gambling on various online sites. While you may hear it often, here's a snippet:
1. Know when is the right time to stop playing.
2. Set limits and monitor your money.
3. Safeguard your budget.
The best gamblers I know are constantly vigilant and always evaluate the balance between losses and gains.
And The best advice I could give to someone who wants to start gambling is probably to never start gambling to win. It's definitely the worst approach that in the long run leads to the financial ruin of any novice gambler.

The only responsible gambler is one who knows that the odds are against them in most casino games and in the long run they will lose all their money. They may have a small amount budgeted for fun money, but even that could probably be put to better uses if they want a more comfy retirement later in life. A gambler is naturally thinking about the short term, the possibilities of getting super rich without having to do much work, but you have more chance of being struck by lightening that being able to pull that off. If you want to learn a useful skill, go for a game where you can define whether you are intelligent enough to beat other players - like poker or chess, which could turn into a productive income over time.

[dbc23]

As we know that Gambling offers players the chance to pocket a lot of money, but it can also lead to significant monetary losses (which we all had). Even though I'm new to this forum, but I want to share a little experience related to gambling on various online sites. While you may hear it often, here's a snippet:
1. Know when is the right time to stop playing.
2. Set limits and monitor your money.
3. Safeguard your budget.
The best gamblers I know are constantly vigilant and always evaluate the balance between losses and gains.
And The best advice I could give to someone who wants to start gambling is probably to never start gambling to win. It's definitely the worst approach that in the long run leads to the financial ruin of any novice gambler.

I just wish this rules were as easy as you state them. It's difficult for a jobless person to set limits not to mention knowing when to stop all an idle gambler glamours for is to hit a major jackpot that could change their lives forever some gets lucky with it and others gets motivated from such wins and tries harder to hit theirs and end up been swallowed by it's addiction

[AhmadM]

As we know that Gambling offers players the chance to pocket a lot of money, but it can also lead to significant monetary losses (which we all had). Even though I'm new to this forum, but I want to share a little experience related to gambling on various online sites. While you may hear it often, here's a snippet:
1. Know when is the right time to stop playing.
2. Set limits and monitor your money.
3. Safeguard your budget.
~

Safeguard the budget? 
If I'm not misunderstood the thing, I guess it's the same as point number two. After all, the advices above are common knowledge for gamblers however I bet still there some people out there who struggle to apply it into actual action due to its addiction (including me).

And The best advice I could give to someone who wants to start gambling is probably to never start gambling to win. ~

I know the meaning behind your words, but gambling without winning seems boring 

Btw, welcome to the forum!

[rijaljun]

The forum here is certainly a good source to get information. What I think is even more important is that you can check the reputations of a casino and share user experiences with each other. A user experience is very important and very valuable. The forum is an excellent place for that.

[robelneo]

As we know that Gambling offers players the chance to pocket a lot of money,

Actually, your chance is not good compared if you invest it in the market, have fun when you see a profit and your allocated time is already up stop and enjoy your winning as much as you enjoy playing

but it can also lead to significant monetary losses (which we all had).

It's the reality you only lose if you did not enjoy playing or you play thinking that you can make money

The best gamblers I know are constantly vigilant and always evaluate the balance between losses and gains.
And The best advice I could give to someone who wants to start gambling is probably to never start gambling to win. It's definitely the worst approach that in the long run leads to the financial ruin of any novice gambler.

That's a bit of good advice, if you can implement it, there's a time that you lose control and motivate yourself to win when the opportunity presents it to you you can grab it but always come back to what gambling is all about and that is to enjoy playing.

[btc78]

As we know that Gambling offers players the chance to pocket a lot of money, but it can also lead to significant monetary losses (which we all had). Even though I'm new to this forum, but I want to share a little experience related to gambling on various online sites. While you may hear it often, here's a snippet:
1. Know when is the right time to stop playing.
2. Set limits and monitor your money.
3. Safeguard your budget.
The best gamblers I know are constantly vigilant and always evaluate the balance between losses and gains.

Safe keeping  guard your budget is indeed hard to do because there are instances that you will lose more and win a little so this is the trend in what gambling can bring.

And The best advice I could give to someone who wants to start gambling is probably to never start gambling to win. It's definitely the worst approach that in the long run leads to the financial ruin of any novice gambler.

lol not to start wanting to win? so what do you want people to do? look for losses instead? lol that is the most hypocrite advise i ever heard lol.

[jrrsparkles]

As we know that Gambling offers players the chance to pocket a lot of money, but it can also lead to significant monetary losses (which we all had). Even though I'm new to this forum, but I want to share a little experience related to gambling on various online sites. While you may hear it often, here's a snippet:
1. Know when is the right time to stop playing.
2. Set limits and monitor your money.
3. Safeguard your budget.
The best gamblers I know are constantly vigilant and always evaluate the balance between losses and gains.
And The best advice I could give to someone who wants to start gambling is probably to never start gambling to win. It's definitely the worst approach that in the long run leads to the financial ruin of any novice gambler.

Its better to know your limits then setting limits and go with that, keep the limit as affordable as much you can then only even if you loss the money it won't look a huge loss to you.

Don't chase loss, it will end up in more loss that is I learnt from the experience of others.

Just allocate budget and don't think it as an investment.

[magneto]

As we know that Gambling offers players the chance to pocket a lot of money, but it can also lead to significant monetary losses (which we all had). Even though I'm new to this forum, but I want to share a little experience related to gambling on various online sites. While you may hear it often, here's a snippet:
1. Know when is the right time to stop playing.
2. Set limits and monitor your money.
3. Safeguard your budget.
The best gamblers I know are constantly vigilant and always evaluate the balance between losses and gains.
And The best advice I could give to someone who wants to start gambling is probably to never start gambling to win. It's definitely the worst approach that in the long run leads to the financial ruin of any novice gambler.

Great advice.

Keep a balance between gaming and the rest of your life, and don't let the profits get to your head when you do win.

At the end of the day this is a -EV game that definitely wouldn't be able to make money for you in the long run. Even if you are an advantage player, you need to have stringent bankroll management before anything else.