"The Lower-Risk Gambling Guidelines" Is this a joke?

[madnessteat]

^

It seems to me that if a person does not have enough money for basic necessities such as rent, utilities, food and clothes, he should not think about how much of his family budget to spend on gambling, but about how he can earn more money to ensure a decent life for his family.

Of course I understand that there are a lot of people who can not earn good money, but this is also not a reason to lay down, as now it is possible to get an education and find a good job online.

[Zilon]

Guideline 2: Gamble no more than 4 days per month

While I think once a week is reasonable, four days a month is too harsh. I mean, if there are five Saturdays in a month, you still get only four playing sessions. IMO the limit should be twice a week.

The goal is not to dictate for earners how to go about their gambling activities. From what i get here its a guide to low risk gambling. If one can gamble more than four times a month and still keep their risk minimal then it's just the same as gambling four times a month

Guideline 3: Avoid regularly gambling at more than 2 types of games

IMO it's useless advice. Even if a gambler plays many types of games, it won't matter as long as he knows the limit, guidelines 1 & 2.

What do you think?

Every one has their strong suit when it comes to gambling prediction. Some are good at just a single game while others can make predictions on multiple games. This is an advice to an average gambler who needs the advice. Every one knows their strength and weaknesses so if one game is all a gambler knows then its best to stick to that one.

[panjul07]

And the joke begins:

Guideline 1: Gamble no more than 1% of household income
Don't bet more than 1% of your household income before tax per month. For example, someone with a household income of $70,000 before tax should gamble no more than $58 per month.

$58 per month LMAO! Okay, IIRC I advised people to bet a maximum of 10% of their income, but 1% is just too low. It won't even last one-hour playing penny slots in most cases. And look at this table:

It is a guideline to gamble as low as possible   and I think it is a guideline for those who want to gamble for the 1st time.
For those who are experienced enough, I'm sure they have their own limit to spend in weekly/monthly basis.
Of course I have to agree that 1% is too low for regular gambler, I will even say that do not even gamble at all if the budget is limited to 1%.
Imagine those who have average income less than $1,000 per month, should they gamble with less than $10?
It is not a joke anymore, but it is a BIG JOKE.  

[dothebeats]

I gamble $20 every Saturday, and try to play it slow and bet modest amounts at a time. It lasts me about 3-4 hours per session, and afterwards I just go about my day and do something else. I earn $2000 a month from my job, and can live comfortably with over a thousand dollars of savings. Never have I felt that 5% of my monthly income is too low for my gambling habits, but if I reduced that to 1%, I might as well just forget gambling because that will surely not give me some fun hours that I'm seeking when I gamble.

The guidelines IMO is extremely conservative to the point that it no longer makes sense. If people with modest incomes can spend 10-20% of their salaries into some kind of hobby, what makes other people earning the same income spend the same amount in gambling, which can be considered as a form of entertainment to these people?

For the number of days per month that they recommend, I actually have no problems with that. If you are living alone and have a lot of time to yourself, you can spend a lot of time watching or gambling, so long as you do not use money that you don't have. For those who have families and actual responsibilities, this makes sense and seems just about right. Most people spend 4-5 days a week working, and 1 day to do laundry and clean the house. 1 day for your self-indulgence isn't selfish, but if you have your own family, you must spend time with them, no ifs, no buts.

Lastly, avoiding different games is making no sense at all. Why would I force myself to play the same game if it no longer entertains me? And if my goal is to get entertained, why will I do the same stuff that no longer brings excitement? 

[Hispo]

And the joke begins:

Guideline 1: Gamble no more than 1% of household income
Don't bet more than 1% of your household income before tax per month. For example, someone with a household income of $70,000 before tax should gamble no more than $58 per month.

$58 per month LMAO! Okay, IIRC I advised people to bet a maximum of 10% of their income, but 1% is just too low. It won't even last one-hour playing penny slots in most cases. And look at this table:

It is a guideline to gamble as low as possible   and I think it is a guideline for those who want to gamble for the 1st time.
For those who are experienced enough, I'm sure they have their own limit to spend in weekly/monthly basis.
Of course I have to agree that 1% is too low for regular gambler, I will even say that do not even gamble at all if the budget is limited to 1%.
Imagine those who have average income less than $1,000 per month, should they gamble with less than $10?
It is not a joke anymore, but it is a BIG JOKE.  

Either this guide was written for those experiencing gambling for the first time or the author of this guide is someone who does not know much about gambling or when gambles she/he is extremly conservative with their money.

There was a time here in my country when we were going to a pretty back economical time and (as absurd as this may sound) gambling became very popular during those days. There were households that survived with less than 100$/month and yet people gambled 5$-50$ every now a then. These were games specifically targeted to the common people nothing fancy.

Considering I saw this period of time makes this article to sound quite more unrealistic from my point of view.

[darkangel11]

$58 per month LMAO! Okay, IIRC I advised people to bet a maximum of 10% of their income, but 1% is just too low. It won't even last one-hour playing penny slots in most cases.

Only if you lose all the time. There are people who can make that $58 into 100 in a single bet and then it's no longer "I won't even last an hour". Maybe your experience is that you start the game on auto, set it to 1 USD and 30 min later you're at 0, but some people can really make money gambling.

I have a friend who bet on some football last week and made $400 from 80. He often wins some money this way. 1% is a safe bet if you want to be completely fine with losing it. Some people can't deal with a loss but all of us can handle 1%

[SirLancelot]

This is closer to telling them not to gamble at all lmao. I myself set a specific amount to gamble on every session, but 1% is way too low, not enough to actually satisfy that craving of gambling. Even if I say that gambling is more for fun, experiencing that fun of winning/losing money is also part. If I was only in it for the game, I might as well just go for playing the same games but without money involved.

As for the number of sessions, I think that's closer to what you prefer, setting up a number for it might just limit you way too much, bringing out more of anticipation than normal which can influence you to go past it in the long term imo.

The 3rd advice is just a joke. It's like asking your average gamer to only buy/play one game in their entire life, that's just a joke. I myself repeat a lot of games that are long and story intensive, whatmore for simple games like the ones in casino.

Well this helps if you are addicted and want to slowly cut it. Sooner or later you will feel not to gamble at all because it's getting close to that. For the starters, I think gambling like this can prevent them from being an addict later on. If you think you can fully control your self then feel free to set up your own limits because you think this was too low for you and won't give you contentment or satisfaction.

Gambling is only a term but you should include if what makes you enjoy it. Is it gambling for the money? Or gambling for the entertainment? If it's for the entertainment then yes, both losing and winning can maximize that fun feeling you are getting.

[Doell]

1% guideline is only for those who earn a billionaire's income/month. I gamble almost 15% of my monthly income, if only 1% how is it possible for me to start gambling. For me personally playing small also requires a large enough capital to be able to play again, besides that I gamble in almost every game slots dice sportsbooks etc. Trying my luck but not always lucky ,and if already won I personally always want to play, as a result my amount of win returns to the casino cashier again . But for those who gamble on only one game like a sportsbook, possibility that's a guide is perfect.

[carlfebz2]

1% guideline is only for those who earn a billionaire's income/month. I gamble almost 15% of my monthly income, if only 1% how is it possible for me to start gambling. For me personally playing small also requires a large enough capital to be able to play again, besides that I gamble in almost every game slots dice sportsbooks etc. Trying my luck but not always lucky ,and if already won I personally always want to play, as a result my amount of win returns to the casino cashier again . But for those who gamble on only one game like a sportsbook, possibility that's a guide is perfect.

It is indeed for billionaires or millionaires but we do really believe that they wouldnt really be just spending 1% of their monthly income whenever they do tend to gambling.It is really that very common that majority

of gamblers will really be that spending their winnings back to the casino whenever they do make out some winning and hoping for more which is really a behavior.You would be spending 10% on your monthly income

but just been said by others that it would really be just too small if you are really that tending to spend 1% which is too small.You cant really be just satisfied with that amount honestly
and for sure that everyone would be agreeing on this one.

[usekevin]

Actually it’s look like a joke,but it’s not a joke.The usage of 1 percentage of gambling is not affected your house expenditure,but you can do use of it to earn additional income.People with more gambling knowledge always prepared this way of the investment.This is not a compulsory one for all the people,it’s additional tactics to earn some income by make use of your income.If you want to trade of partial income with the crypto currency,it’s also a good way of earning.But people with gambling knowledge use it for earning income.

[acroman08]

the "guide" shows how little money you can gamble without possibly hurting your finances. anyway, I feel like the whole point of it is to eventually discourage people to gamble because the guide makes gambling sounds like a boring thing to do especially when they mention how many days you should only gamble per month, how many types of games you should only play and how little funds you can use to gamble.

[aioc]

What do you think?

I don't think this is possible, the one who can follow this is not really interested in playing in a casino or can enjoy playing in a casino, you can be in safe risk as long as you are comfortable with your losses, entertainment has a price, you watch a movie, go to a concert it has a price and its not about percentage, they spend based on what they can afford because they like to be entertained, you can't enjoy where you can only do 3 to 5 rolls.

[Don Pedro Dinero]

the "guide" shows how little money you can gamble without possibly hurting your finances.

Yes, I think the guidelines are set out in a very conservative way. If people followed them, we wouldn't see the problems people report in forum threads.

The good thing about the guidelines is that if you follow them you won't have any major financial problems due to gambling. The bad thing is that they are unrealistic, and practically nobody bets so little in relation to their income.

The other option I see would be to build your bankroll little by little and bet in relation to your bankroll, not your income.

[ethereumhunter]

the "guide" shows how little money you can gamble without possibly hurting your finances. anyway, I feel like the whole point of it is to eventually discourage people to gamble because the guide makes gambling sounds like a boring thing to do especially when they mention how many days you should only gamble per month, how many types of games you should only play and how little funds you can use to gamble.

It's just a guide that can help us determine how much we should use in gambling and how many days of the week we will gamble. If we stick to that rule, there is a possibility that we can reduce our activities in playing gambling but it will all come back to us because, in this case, discipline will play an important role in not violating the rules that we have set. The rule can only work if we always try to limit ourselves so as not to get out of what we have created. In addition, trying to do as we have planned may help us a lot during gambling.

[justdimin]

I don't think this is possible, the one who can follow this is not really interested in playing in a casino or can enjoy playing in a casino,, entertainment has a price, you watch a movie, go to a concert it has a price and its not about percentage, they spend based on what they can afford because they like to be entertained,

If they aren't really interested then they better not play at all because it's like they are only wasting a money for nothing. Gambling is best to enjoy if you have a real passion for it. You can dedicate enough time/money and by this, you won't mind it hard whenever you are losing.

you can be in safe risk as long as you are comfortable with your losses

I think there are gamblers who are losing big which are above their limits already but it's surprising that they are still calm. That's the only best thing that they can do anyway because beating their selves up will lead to unwanted things.

you can't enjoy where you can only do 3 to 5 rolls.

If your goal is to get entertained then yes but if your goal is only to profit then I think this was still qualified? I already experience to win something big only in 1 to 2 rolls but it can be rare though. Most of the times I go for 15+ rolls to have a better chance to win.

[madnessteat]

the "guide" shows how little money you can gamble without possibly hurting your finances. anyway, I feel like the whole point of it is to eventually discourage people to gamble because the guide makes gambling sounds like a boring thing to do especially when they mention how many days you should only gamble per month, how many types of games you should only play and how little funds you can use to gamble.

It's just a guide that can help us determine how much we should use in gambling and how many days of the week we will gamble. If we stick to that rule, there is a possibility that we can reduce our activities in playing gambling but it will all come back to us because, in this case, discipline will play an important role in not violating the rules that we have set. The rule can only work if we always try to limit ourselves so as not to get out of what we have created. In addition, trying to do as we have planned may help us a lot during gambling.

I absolutely agree with you. Each of us spends different amounts on entertainment. Some have no obligations and can feel quite normal after spending 25-50% of their salary on entertainment, and some have a family of several people and loans. Clearly he can't spend that kind of money without harming the family budget. Therefore, the purpose of this guide is to teach gamblers to observe risk management and not to spend money that is meant for other things.

[fortunecrypto]

IMO it's useless advice. Even if a gambler plays many types of games, it won't matter as long as he knows the limit, guidelines 1 & 2.

What do you think?

That's a big joke 1% of the household income for those who treat gambling as a source of entertainment will not just spend 1% of their household income, some who considered themselves lower risk spend anywhere from 5 to 15% because you don't restrict your budget on entertainment and recreation if you are in a very lower income bracket and you have a big family that 1% is possible but I can not consider 1% and playing 4 times a week as average for lower risk gambler, lower risk if you are playing within your means and you are the one who will allocate it.

[smartaction]

I Think 1% of household income use for gambling is too low . if one person household income is  $200 by doing any kind of job. if he/she want to use 1% of his money for gambling then it will $2 . how can that person can gamble with $2 he he. i think if someone really want to test gambling then he/she should use atleast 5% of his household income

[Lucasgabd]

Since the article talking about lower risk gambling, they're correct to suggest only use 1% of their income and since they're have limited money to gamble, that's why they give guide to only play 4 times in a month and stick with 2 games. I think everyone don't mind if they loss 1% of their money, not all people are afford to risk their 10% of their income because each people have different risk management and how much the income they got.

IMO there's no limit to gamble, as long as you're not become an addict and already think every risk you've taken, you're fine.

the thing is that the line that separates habits from addiction is thinner for some people
each one will have to figure out what is their safe dose
knowing that if they go to far from the line (and become addicted) it may be hard to get back to a healthy state

You are right, we must also take into account how much each person is capable of risking during 1 month, or if the person risks a part of money each week, as long as a person has control of their salary and can allocate the percentage they consider It is a personal decision, of course, one always tries to advise that the risk is not a lot of money and although sometimes it is very easy to win, it is also very feasible to lose, in fact, losing is most likely when we enter a casino either online or in a physical casino, for me it represents the same risk, if you have a good dose of tranquility and risk management, you can enjoy substantial profits with little money, I apply it to slots.

yes, in the end it all comes down to emotional control again
those with more emotional control will probably be able to manage their money in a better way, therefore managing risk and don't risking more than what they can afford to lose.

[Solosanz]

I Think 1% of household income use for gambling is too low . if one person household income is  $200 by doing any kind of job. if he/she want to use 1% of his money for gambling then it will $2 . how can that person can gamble with $2 he he. i think if someone really want to test gambling then he/she should use atleast 5% of his household income

It would be better for him to be active on the casino chat to eligible for rain distribution lol since $2 to gamble is really doesn't enough. I think 5%-10% is still make sense, just take it as a self achievement for working in a month full. The thing is as long as they're gamble just for fun and not only looking to chase winning in every month, they're okay. I even use 20% of my income to gamble, but I don't get any problem until now.