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

[DoublerHunter]

~snip~
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.

^ This is good advice and I even applied this to myself.
Dont chase on winning, don't chase on profit and don't think about revenge when you are gambling especially in the house edge, you will never win.
When you feel those I mentioned above, just take a break and come back when you are okay the next day, the more of chasing that happen it will distract your gameplay which has a bad result. We have learned a lot here in Bitcointalk, we are aware of possible addiction which is good that we are here. I don't think there if someone here who belongs to gambling addiction.

[LUCKMCFLY]

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.

A recent article I read on this topic was that they recommend playing when you are in a good mood and not stressed, you can get it in the Bitcasino.io thread, there are many factors that you have taken into account for the game, but also I think that another factor is trying to manage emotions when you are betting, it is also not good to make bets using the martingale when there is a moment of desperation.

I understand budget management as having an amount of money that you allocate, and this is willing to lose.

[Lordhermes]

I knew about gambling right from when I was small,but I didn't gamble.I was told that if I gamble,I will be frustrated in life and will have  nothing as my possession,but now I know that those things were misconceptions  by our parents who never wanted us to try anything called gambling.
I still have those thought that my parents had now in my head because I was brought up by them,but I gamble sometimes,which gives me the experience that what they saw and said then was close to the truth.

[xSkylarx]

I believe before anyone will dive into gambling he/she may have hard a clear thought of what is at stake and what is required to make a good winning during the game. Winning and time management is a crucial aspect in gambling.

Not only that, but you should be aware that you will lose all of the money you have invested in gambling. You should only gamble for entertainment purposes rather than for profit, because you will end up hurt and out of pocket completely if you do. The knowledge is only required for those card games because they require strategy, as opposed to slot machines, which only require money and luck. However, I discovered some strategies that worked in the past but no longer work because the game has been fixed, despite the fact that it still has a strategy.

[rodskee]

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 advise , but have you tried applying those to your own ? i mean are you a former gambler that experience huge losses or even losing job or family?

because most of them have the same experience that's why they can advise such thing .

I believe before anyone will dive into gambling he/she may have hard a clear thought of what is at stake and what is required to make a good winning during the game. Winning and time management is a crucial aspect in gambling.

Winning will always rely on how we manage our gambling activities .

[ethereumhunter]

I knew about gambling right from when I was small,but I didn't gamble.I was told that if I gamble,I will be frustrated in life and will have  nothing as my possession,but now I know that those things were misconceptions  by our parents who never wanted us to try anything called gambling.
I still have those thought that my parents had now in my head because I was brought up by them,but I gamble sometimes,which gives me the experience that what they saw and said then was close to the truth.

I think that is not a misconception by our parents but a suggestion to us when we were kids because we do not know how it feels to become addicted to gambling. If our parents can explain the danger of gambling to our lives with a simple example, I think we can know and understand that they want to show that gambling can ruin our lives and do not want to see us become addicted. You can play gambling but with control, so you can take care of yourself and avoid the addiction.

[aioc]

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.

Coming from my experience, you will never realize that you need total control unless you lose a huge amount of money and you are on a brink of bankruptcy, almost losing everything took me a lot of mediation and realization that gambling is not a way to make money and I have to beat my demons and moderate my greed, so far I'm succeeding but always a struggle to have total control, all that you've mentioned cannot be implemented until you experience how it feels like losing a lot.

[Oshosondy]

2. Set limits and monitor your money.

This is the most important thing about gambling, gamblers should set a limit which should not be more than 5% of their income. Like me I use less than 5% of my income, it is 2% or 3% most of the time. Ever since I have this kind of strategy and a sense of thinking that I cannot make money from gambling, it pays me than before and yet gambling is not a means someone should look for money for gambling addiction not to set.

Coming from my experience, you will never realize that you need total control unless you lose a huge amount of money and you are on a brink of bankruptcy

That is true but not true in few cases. I have friends that do not gamble at all, I have some friends that only gamble with just little amount of money like $0.2 daily and not frequent but when looking for small change to spend. They lost at times but sometimes they are lucky. I believe when this type of people are rich, that will be the end of gambling for them.

Some many people can become addicted and some would have experienced this before they are making moves to prevent further lossee to happen again.

[D-law]

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

Self control, Discipline and Good decisions helped greatly in gambling.
Placing a standard, what I meant is that, you keep a particular amount you're to spend and use for gambling, once it exceeds that you stop.
Also you should know when to stop when you're not having enough profit from gambling, you should stop and come back with good gambling strategies.

[madnessteat]

^

What strategies to come back with? I have played with many strategies and in the long run none of them will help make money. In gambling, you can only count on luck and play not to win but to have a good time and have fun. You can endlessly change the strategy of the game, but you can not cheat the theory of probability and mathematical expectation.

[AicecreaME]

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 disagree with your statement that says do not gamble just to win because that reason is the main thing people aspire to achieve the moment they start gambling. Nobody wants to gamble with the end result of losing for sure. I guess what's more appropriate to say is that people should not put gambling into the pedestal so that they won't be lost later on. Because I've heard so many testimonies that they let gambling the best of them and they didn't stop when in fact they should. Learn to set up limitations and boundaries so that you won't end up with an empty account and pile of debts to pay for. You shouldn't let your emotions get the best of you in gambling, may the situation be favorable or not to you.

In addition, when you gamble, consider the money gone because gambling is a high risk hobby or income generator that the probability of winning isn't really certain. You should only risk what you can afford to lose. Discipline is one of the keys to not being a slave of gambling. You are responsible for yourself and funds, therefore, you must do your utmost ability to protect it.

[Oasisman]

1. Know when is the right time to stop playing.
2. Set limits and monitor your money.
3. Safeguard your budget.

This is the classic example of " It's easier said than done."
No matter how you sugarcoat and label it as "responsible" gambling- gambling is still an irresponsible act itself.
I don't want to sound hypocrite here because I too gambles.
Now, the best advice you could give to a gambler is to never lose yourself, your family, and everybody you care.

Knowing when yo stop gambling, set limits on bet, safeguard your budget? Nah, that's all bullcrap!
I bet nobody is doing that seriously. As long they have set aside a gambling budget gamblers would always find a way to use it.

[Reatim]

1. Know when is the right time to stop playing.
2. Set limits and monitor your money.
3. Safeguard your budget.

This is the classic example of " It's easier said than done."
No matter how you sugarcoat and label it as "responsible" gambling- gambling is still an irresponsible act itself.
I don't want to sound hypocrite here because I too gambles.
Now, the best advice you could give to a gambler is to never lose yourself, your family, and everybody you care.

Agree, OP speaks as if gambler can just jump to His advises like that , he don't even understand the lust of gamblers to bet and play each time.

to seek for winning than losing (though what happened is the opposite )

Knowing when yo stop gambling, set limits on bet, safeguard your budget? Nah, that's all bullcrap!
I bet nobody is doing that seriously. As long they have set aside a gambling budget gamblers would always find a way to use it.

Limiting on bet can be easily done , but limiting the allotment in playing is different thing ,

best to Learn how to limit your budget because that is a sign of responsible gambler.

[Wexnident]

This is the classic example of " It's easier said than done."
No matter how you sugarcoat and label it as "responsible" gambling- gambling is still an irresponsible act itself.
I don't want to sound hypocrite here because I too gambles.
Now, the best advice you could give to a gambler is to never lose yourself, your family, and everybody you care.

Facts. It's really hard to do what words can easily say. And honestly, even if the most generic advice is always repeated, it's general advice for a reason, mostly because people can't seem to follow it no matter what. The best advice to a gambler is honestly, to not just gamble. Or well, if you can't stop that, then just don't try to gamble for money, try to gamble for entertainment. It was originally supposed to be as such, and yet people still lose themselves and try to gamble to win money. it isn't that simple.

[KTChampions]

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.
~

If it's not a secret, what kind of gambling do you prefer? If it's betting, then there are no questions about winning methods, but if it's slots or dice, then I would like to know if you are in the black or just playing in the hope that someday you will hit a huge jackpot. In my opinion, playing games that are completely dependent on luck in order to win is quite difficult from the point of view of psychology, since there are more losses than wins.

[naira]

~ 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.

In luck-based gambling, you don't need to rely a lot on thinking hard. In contrast to playing poker it will be quite draining the mind. And the skills required also encourage gamblers to be proficient in mastering cards and tricks that may still be relevant. While the rest of gambling is only about how much luck a person has from time to time.

[Mauser]

Welcome to the forum, always good to see new members here. I fully agree with your 3 points on gambling, it's a very risky business and we need to manage ourselves to not lose all our money. It seems that you already have a strong insight into gambling, this might come from friends who are successful in gambling. It's always good to have someone to learn from. I remember that when I was 18, a good friend of mine showed me the world of online poker and taught me a few valuable lessons. Especially the bankroll management is key to being successful. Any game that involves chance is going to have variance on the outcome, we as gamblers need to manage that variance. Protecting our money to up and down swings is crucial if we want to be around a long time in gambling. That's why never bet everything at once, always save some funds for another day.

[qwertyup23]

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.

I think the reasoning varies on why people gamble in the first place. While most gamblers play for the win, there are also others who just really want to experience the thrill of the adrenaline kicking. I think this kind of gamblers are the ones who are not worried financially since they have a relatively unlimited supply of capital for their disposal.

Personally, gambling is something that I cannot tolerate with. I tried gambling but most of the results were not in my favor. That is why, I really see it as a form of entertainment where it is relatively difficult to win money (at least in my case).

[famososMuertos]

I think your op speaks very Well of your good intentions, so there are several topics and / or user questions looking for tips here on the betting board, find them is easy use the search engine or look for the different topics, now...welcome to the forum.  

The main advice for a rookie (if such a thing exists today) is becareful the size of his bet and go down/up progressively according to his skill and the size of his banking.

For example, start with bet $0.01 bankroll $100 is fine but make bets $ 0.01 with a $ 1000 bankroll is a waste of time, well at least that it does it recreationally that always any bet I leave space to the loss is welcome. ^{This advice is relative and is subject to the type of game, in NLH10 works well}

Finally, as a player one learns that there are downswing so long that sometimes only the best Bankroll Management can support themll can bear them, these down can last years even, be careful! when the variance of the game is denied with you not is bad luck, it is variance and this is defeated with a good bankroll handling .

[AhmadM]

~

In luck-based gambling, you don't need to rely a lot on thinking hard. In contrast to playing poker it will be quite draining the mind. And the skills required also encourage gamblers to be proficient in mastering cards and tricks that may still be relevant. While the rest of gambling is only about how much luck a person has from time to time.

Well indeed, compared to poker or other skill-based games certainly luck based games would be more simpler and less tiring. Therefore for some individuals that kinda impatientence like me would prefer the second option and rarely play the first one.