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

[Mbah_Google]

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.

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[YOSHIE]

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

So, gamble if not to win, why do people gamble, I don't accept that advice, I gamble to win, if not to win I won't gamble.

• How does one know when to stop gambling, do you have a way to see the stop time when placing a bet.
• How to limit or monitor the money you want to bet on gambling, do you have that method.
• And one more thing, tell us how to keep a budget on gambling, so we can keep it.

Thank you, if you are willing to answer my question, if it is not answered, it's not a serious problem.

[YinShuiSiYuan]

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

So, gamble if not to win, why do people gamble, I don't accept that advice, I gamble to win, if not to win I won't gamble.

I think the idea was not to start gamble with the belief that we would definitely win. I also think that it is better to prepare an appropriate amount of money for gamble in advance and prepare for the fact that we will rather lose this amount. Then when we play, our emotions have less influence on our decisions. If we are lucky and win then the joy is greater.

[Maus0728]

@YOSHIE

I think what he is saying is that, winning should not be the utmost priority when gambling. If you'll notice, there is a word "never" that opposes the idea that winning/ making money in gambling is the main premise. Perhaps there is a misunderstanding here

And also, I think your questions has something to do with risk management and psychological part of gambling that plays a crucial part whether or not they are answered. Because you see, that these basic areas are the ones that most people neglect not only in gambling but in trading as well.

[traderethereum]

All is good but I guess you should add some more to know where you should gamble so you do not pick the wrong gambling site to deposit and always control your emotion.
By searching on this forum, I am sure you will find many recommended gambling sites that will be your favorite sites later because they give their best services to their members.
You can advise like that, but we do not know if they will follow your suggestion or still be curious to play gambling.
We can let them decide what they want to do.

[noorman0]

So, gamble if not to win, why do people gamble, I don't accept that advice, I gamble to win, if not to win I won't gamble.

Gambling is determined by luck and there are many people with poor emotional control (like me). Op's advice is of course good and is actually a principle that I hold in gambling. As such, I'm not too dedicated to winning bets. It's not that I don't want to win, but I'm more worried about myself when I lose more while winning is my goal.

[acroman08]

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 think having this kind of mindset is really not that bad(though it still has its dangers). what I think is bad, is gambling way over your budget. it won't matter whether you are playing for entertainment or not. gambling money you can't afford to lose could put you in financial instability.

[Tellek Garing]

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

So, gamble if not to win, why do people gamble, I don't accept that advice, I gamble to win, if not to win I won't gamble.

• How does one know when to stop gambling, do you have a way to see the stop time when placing a bet.
• How to limit or monitor the money you want to bet on gambling, do you have that method.
• And one more thing, tell us how to keep a budget on gambling, so we can keep it.

Thank you, if you are willing to answer my question, if it is not answered, it's not a serious problem.

I think what the user means is not to put winning as the priority when going into gambling just like we all say gamble for fun to avoid getting addicted in the quest to make more money if winning become the priority, but I think there is a moss up in the ops title and the message itself.

[cabron]

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 think having this kind of mindset is really not that bad(though it still has its dangers). what I think is bad, is gambling way over your budget. it won't matter whether you are playing for entertainment or not. gambling money you can't afford to lose could put you in financial instability.

Expecting to lose won't upset you at the end of the day. That's like giving the money so why not just donate instead to help some BTC donation address for the homeless for pizza.  

I certainly prefer to bet first and win before donating though. Whether the money is what we consider we can afford to lose or not, winning is a lot entertaining. Winning is essentially the reason why gamblers are playing, to grow their money, and if they lose try again another day.

[og kush420]

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 would like to add one more very important point to your list, which is to check casino credibility before making a deposit. New gamblers are usually convinced by large bonuses, and they do not check at all whether the casino will be able to pay them out.

[Rockstarguy]

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.

When could be the right time? Do you mean when one is not with much fund in the pocket the person should give a break?
The aim of every gambler is to win . The main thing for a beginner to learn before playing gamble is to learn the techniques of gambling.
And a beginner should not have the mindset of winning without  having any knowledge in gambling.

[rhomelmabini]

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.

But we can't deny the fact that almost all who dives into the world of gambling was into the money they can get if they win something. I think a few only think of the leisure and the fun and most of those who might get into the fun are those whales or rich or those who considers it literally as it is. Other percentage may just getting into gambling because of the bonuses and promotions.

[Wexnident]

It's nothing new really, most gamblers KNOW that kind of stuff, even those new to the experience. It's just that, the mind can't really follow what you want to say, that's the problem mostly when it comes to gambling. The addictive feeling can come in really strong for most people, hence why they fall into addiction and can't really stop, basically falling into the bad part of users that are addicts. Most people should honestly enter gambling as a "game" instead of, well, anything else. Expecting anything to come out of it is honestly just hurting yourself imo.

[iv4n]

The best gamblers I know are constantly vigilant and always evaluate the balance between losses and gains.

Even the best gamblers lose here and there, it's gambling! So we all lose, but we don't handle it in the same way, and for sure we don't have the same reaction... it what makes a difference! I guess there are moments when we can stop and think about the current situation (bankroll, profit/loss ratio...), but also there are moments when we forget about everything and we play aggressively... when we know that we will either make some profit or we will get busted! And why not? It's gambling, sometimes it's nice when we are trying to push the limits, it brings real excitement, what gambling should do!

[Doell]

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.

it's real yes every time I start gambling to win but it only leads to prolonged destruction ,often lose indeed ! well I've been gambling for 4-5 years just a fad but it's been a year I fell deeper but also I'm not rich ,I don't know why its or maybe my luck isn't good or also I'm not talented at gambling ! my knowledge gambling is luck it's just that I don't know when and where I can get lucky unsolvable mystery in gambling

[dustboy]

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

It does not make senses if people start gambling not to win. To win is the reason why people do gambling in this world, no one start gambling to lose. It is better if the advice is do not start gamble if you are not ready to lose your money.

[batang_bitcoin]

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.

They won't be called best gamblers if a simple control to themselves can't do. But they're called for that with a reason and they've been through a lot of experiences in gambling. I'm sure that they have their toughest days and moments in gambling and they also became worst for themselves that they cannot stop themselves. They've dealt with those problems but the thing with them, they've managed to overcome and win not just with the games but also with the struggles in gambling.

[Jackl87]

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.

All the points that you have listed totally make sense and should really be followed by everyone that is gambling already or plans to start gambling in the future. All of the points that you have listed though are very well known in the scene already and i would guess that 99% of the gamblers are aware of them. Still it is very hard for some people to really stick to this advice and there are several reasons for this. Some are maybe very prone to develop a gambling addiction pretty quickly while others just don't have the mental strength to really stop when their budget is gone.

[Baofeng]

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.

All the points that you have listed totally make sense and should really be followed by everyone that is gambling already or plans to start gambling in the future. All of the points that you have listed though are very well known in the scene already and i would guess that 99% of the gamblers are aware of them. Still it is very hard for some people to really stick to this advice and there are several reasons for this. Some are maybe very prone to develop a gambling addiction pretty quickly while others just don't have the mental strength to really stop when their budget is gone.

Yeah, it's a good advise, but it's really hard to follow some of the advise to the tee. I mean if you started to lose, it's really hard to control your emotions because your judgement is already clouded.

So I guess the best thing to do is to not really involved yourself in gambling in the first place.

Because once you are in, it's hard to get out and as much as you wanted to control everything, it will be very difficult and it might result to you being addicted, in my opinion.

[bering]

From OP statements i personally have simple thought that self control while gambling and it necessary to optimize the meaning of gambling because the true purposse from gambling basically for fun and entertainment because if people thought starting gambling to earn money then they are totally wrong and if this happend people can never accept their losses which lead them to unexpected things