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

[mm2543363580]

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

If someone does not control his budget, it means he have lost control of what he do. We always have to determine how much money we can lose in order not to get into trouble. I think it is not just the best gamblers, but everyone should do it, because if we don't do that, we can easily get addicted and get into debt.

[Kakmakr]

Welcome to the forum...

If you say you started gambling not to Win, you are lying to yourself. Everyone that ever walked around in a Brick n Mortar casino and talked to people that are gambling, will tell you that they are hunting that one huge Jackpot to cash out.

Why do people enter the Lottery? They want to win that huge amount of money to enable them to fund their dreams or a better life. Some people have enough money and they do this for entertainment, but it is not fun if you are constantly losing.  

[Strongkored]

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

I don't know if anyone jumps into gambling aimlessly to get a win, I think it's like an athlete who doesn't want a win meaning it's very imposibble to happens. The problem of the gambler is the inability to control himself and greed, when winning will continue to play because he thinks it's his lucky day but ends up losing all also when experiencing losses continue to play because thinking to recover the amount of losses. Gambling will not be a problem if you know the risks and are consistent with self-made rules.

[Cryptock]

If you say you started gambling not to Win, you are lying to yourself. Everyone that ever walked around in a Brick n Mortar casino and talked to people that are gambling, will tell you that they are hunting that one huge Jackpot to cash out.

Why do people enter the Lottery? They want to win that huge amount of money to enable them to fund their dreams or a better life. Some people have enough money and they do this for entertainment, but it is not fun if you are constantly losing.  

@Mbah_Google didn't mean going to the casino with the idea of losing. I think the idea is to avoid disappointment that we didn't win. Because, unfortunately, the truth is that few people leave the casino with a positive balance. Most of us will most likely leave money at the casino's cash desk.

[Poker Player]

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 have better advice: understand the math behind gambling, especially the concept of expected value or mathematical expectation. Also from House Edge. Then you will realize that gambling is a sure way to lose money in the long run. You can play for entertainment and maybe in the short term you will win something, but always do it with money you don't need.

[molsewid]

I don't know if anyone jumps into gambling aimlessly to get a win, I think it's like an athlete who doesn't want a win meaning it's very imposibble to happens. The problem of the gambler is the inability to control himself and greed, when winning will continue to play because he thinks it's his lucky day but ends up losing all also when experiencing losses continue to play because thinking to recover the amount of losses. Gambling will not be a problem if you know the risks and are consistent with self-made rules.

One of the main motives of gambler why they gambling is the winning prizes and that's odd if gambler start gambling without this motive or maybe some are just there for fun and entertaining themselves but the winning prizes are quite attractive right to give you the energy to be competitive to get it. Tmat the end of the day being a gambler must always have come with a self responsibilit to have a limitation and control. Monetary losses is inevitable in gambling but the metrics of how much do you want or afford to lose depends on the gambler.

[Xinarae*]

The right advice for gambling is to have enough capital and choose the right time there are the right times so you can earn more and go for a jackpot. The key to success is finding that window and earning more rewards than every game you play choose different times of the day or night and look for the winning percentage to get on your way. You need to be careful and vigilant about spending all your money never be too greedy and never lose all the wins in one day.

[rhomelmabini]

The right advice for gambling is to have enough capital and choose the right time there are the right times so you can earn more and go for a jackpot. The key to success is finding that window and earning more rewards than every game you play choose different times of the day or night and look for the winning percentage to get on your way. You need to be careful and vigilant about spending all your money never be too greedy and never lose all the wins in one day.

Sometimes it's not especially if you're a greedy one, even if you have the huge capital at hand that wouldn't be enough to get you earn more or hit a jackpot. It feels like it's more on the luck side of the player to get a jackpot. Greediness on whether you are on the losing or winning side is the root to being broke in gambling, never gets old.

[hahay]

I just remembered, in the past I did not have any knowledge of self-control in gambling. In the past I just kept on gambling and kept on gambling again and again without considering the risks, after I read a lot of posts here it really gave me input and learning. Now, I have become able to control myself and know when to stop and continue in gambling and it is basically something that varies from person to person. So yes, the point is that I am greatly helped by the existence of this forum which has many discussions which are of course very useful.

[michellee]

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.

Having control is the number 1 for me. You must have good control if you play gambling because when you win, you can easily tempt to continue and try to win more. Maybe we do not intend to win, but after we win, we feel something different, which could make us stay for more. Many gamblers break their own rules because of their winning and can not control their emotions so it is better to take a break after you win to reduce your tension.

[naira]

The right advice for gambling is to have enough capital and choose the right time there are the right times so you can earn more and go for a jackpot. The key to success is finding that window and earning more rewards than every game you play choose different times of the day or night and look for the winning percentage to get on your way. You need to be careful and vigilant about spending all your money never be too greedy and never lose all the wins in one day.

Are tricks or solutions like this really effective for luck-based gambling? because so far no one has ever guessed when the ideal time to enter. Only from lip to lip and as if it would become a widespread belief. Most beginners appear in gambling because they see videos seen on social media, then use gambling as a means of wealth with an overwhelming sense of lust. No self-accustoming, early learning, and pretty unreasonable intentions.

[JohnBitCo]

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.

Well, gambling is risky and almost all experienced gamblers know this. Winning in Gambling requires luck and unfortunately, we do not have control over luck. However, we do have control over our money and if we sensibly use our money in gambling, we can have good results.

Since you have now come to the gambling section of bitcointalk.org, you will have an edge over other gamblers. Here you will find all the pros and cons of different gambling sites and you will better know about gambling.

[Silberman]

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.

Even if this may seem as common sense to someone it is really important to follow this kind of advice, and the reason for it is that just as newbies invest in any coin thinking they are investing in the next bitcoin they also deposit their coins in any casino thinking that all casinos are the same, and this is not the case, now they may get lucky and gamble in one of the many good casinos that we have in the community, but they could also deposit their coins with a bunch of scammers and we know that once they do that there is no way to recover that money.

[swogerino]

I think first and foremost is the importance to get to know and realize that there are games of luck and games of skill.At games of luck you are playing a completely truly 100% random game and you are just gambling in the true meaning of the word,you are guaranteed to lose money over the long run by playing these type of games which the most well known are dice and slots.There are also games where skill is much more relevant than luck although luck is also a factor in such games,those are for example texas holdem poker where your knowledge of the game is considered a skill and if you are good at it here you can win in the long run.

Know the differences and then choose where to play would be the first step.

[AhmadM]

~ choose different times of the day or night and look for the winning percentage to get on your way. You need to be careful and vigilant about spending all your money never be too greedy and never lose all the wins in one day.

Are tricks or solutions like this really effective for luck-based gambling? because so far no one has ever guessed when the ideal time to enter. Only from lip to lip and as if it would become a widespread belief. ~

There might be some individuals who suit with such kind of tricks, generally it isn't working at all or might be useless. Not to mention in my honest opinion the right or ideal times here are too ambiguous which tends to be a baseless mindset I guess, rather than the right or ideal times I'd like to say that our lucks is the most important thing which determines the winning rates of each session.

[Fesatmas]

Having control is the number 1 for me. You must have good control if you play gambling because when you win, you can easily tempt to continue and try to win more. Maybe we do not intend to win, but after we win, we feel something different, which could make us stay for more. Many gamblers break their own rules because of their winning and can not control their emotions so it is better to take a break after you win to reduce your tension.

Well, I totally agree with you, control is the most important thing, and should still make it full control over a gambler. After all, a gambler who only follows greed will only end in defeat. Controlling losses is like limiting gambling to just under $100 per week and as much as possible the gambler should still think gambling is a game of luck. no less no more.

[madnessteat]

I think first and foremost is the importance to get to know and realize that there are games of luck and games of skill.At games of luck you are playing a completely truly 100% random game and you are just gambling in the true meaning of the word,you are guaranteed to lose money over the long run by playing these type of games which the most well known are dice and slots.There are also games where skill is much more relevant than luck although luck is also a factor in such games,those are for example texas holdem poker where your knowledge of the game is considered a skill and if you are good at it here you can win in the long run.

Know the differences and then choose where to play would be the first step.

In my opinion, even with hold'em poker, there's a fairly high probability of losing in the long run because the cards are dealt completely randomly and throughout the game you will come across players with a higher level of skill. Of course the probability of losing is lower than when playing slots, but you still need to take these risks into account.  

[Falconer]

One of the main motives of gambler why they gambling is the winning prizes and that's odd if gambler start gambling without this motive or maybe some are just there for fun and entertaining themselves but the winning prizes are quite attractive right to give you the energy to be competitive to get it. Tmat the end of the day being a gambler must always have come with a self responsibilit to have a limitation and control. Monetary losses is inevitable in gambling but the metrics of how much do you want or afford to lose depends on the gambler.

Most of the gambling activity is done to make money, but many people obscure it by saying it is for fun. Why would they want to fool themselves about what from gambling really wants? That's the weird part of the gambler in my opinion.

I am honest that gambling for me is another way to get lucky from winning bets. It doesn't matter a little or a lot because only victory can make us laugh, while defeat is something that upsets us. This is the logic even though it doesn't actually recommend excessive gambling. Indeed, there are some gamblers who just fill their spare time for fun, but only a few use online sites to gamble because they are quite common in physical casinos.

[carlfebz2]

I think first and foremost is the importance to get to know and realize that there are games of luck and games of skill.At games of luck you are playing a completely truly 100% random game and you are just gambling in the true meaning of the word,you are guaranteed to lose money over the long run by playing these type of games which the most well known are dice and slots.There are also games where skill is much more relevant than luck although luck is also a factor in such games,those are for example texas holdem poker where your knowledge of the game is considered a skill and if you are good at it here you can win in the long run.

Know the differences and then choose where to play would be the first step.

In my opinion, even with hold'em poker, there's a fairly high probability of losing in the long run because the cards are dealt completely randomly and throughout the game you will come across players with a higher level of skill. Of course the probability of losing is lower than when playing slots, but you still need to take these risks into account.  

When dealing with gambling then risks would be always there no matter if you are playig strategic or luck based ones because we know that it do still need that luck for you to win.

The difference here is on the odds of winning.Games that has HE vs none, pure luck vs strategic type.You could really tell the difference if you do play on it.Gambling is risky and should really be played for fun and never go into certain extent on which you do really expect something more from it.

[Rengga Jati]

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 consciously and logically agree with you. I read some replies about clarifying statements. But logically, why play gambling if not to win. Why do we waste money thinking that we don't want to win but just play gambling for fun?
Come on, today, why do we burn money, yes to get more money. If we don't expect to win, just play normal games, don't gamble. Because if we don't have a target to win, then we will relax and not strategize how we do it to win. That is why before doing gambling, we must need to learn at first about what we are going to do, what we need to think about gambling, whether we are skillful or lucky or not in that gambling. If we play on gambling and will not prioritize winning, how much we should spend and not expect for winning?
Yeah, I really don't think about this idea. But I know everyone has their own opinion.

Gambling is determined by luck and there are many people with poor emotional control (like me).

Gambling is not only all about luck, there is also gambling about skill. That is why before gambling, we must understand whether we are ready at all with our emotion, skill, luck, and money.