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Author Topic: "The Lower-Risk Gambling Guidelines" Is this a joke?  (Read 1177 times)
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EarnOnVictor
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September 11, 2022, 05:37:00 AM
 #121

I don't follow any stat, gambling is a form of entertainment and this is something you have to pay the price within your allocated means, you are going to pay for it if you want to enjoy it, you should be the one to allocate money that you can afford to lose because you know what is your risk level if you are a responsible gambler, I don't think can easily be followed by anyone even those who strictly followed their gambling regimen.
Don't mind anyone trying to lure people into some scheme, they always have their vices. It is until the person enters that he/she would know that gambling is not what could be followed strictly as some tabulate or propose it.

Personally, I believe that gambling is a form of entertainment as you expressed, but the reality is that many could still be engrossed/addicted to it. That is where good planning comes in, but no plan should be 100% fixed, it should not be too stringent to a particular rule, but could be random with a low budget that the player will strictly adhere to.

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September 11, 2022, 06:11:38 AM
 #122

I don't follow any stat, gambling is a form of entertainment and this is something you have to pay the price within your allocated means, you are going to pay for it if you want to enjoy it, you should be the one to allocate money that you can afford to lose because you know what is your risk level if you are a responsible gambler, I don't think can easily be followed by anyone even those who strictly followed their gambling regimen.
That's good. At least you already know how to treat gambling and can accept whatever results you get from gambling. But it's not easy to accept because many other gamblers still continue to allocate another amount of money to play gambling even though they have experienced a lot of losses. We should be responsible gamblers to monitor how much money we have used and will not follow our passion for playing gambling.


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September 11, 2022, 06:37:28 AM
 #123

Wow these are some strange guidelines and don't look appropriate to someone who enjoys gambling. They seem more like limitations from someone who has no interest in gambling, rather than a gambling enthusiast who tries to make some general guidelines to enjoy gambling long term. It's good to have rules that give us guidance, but they should be build around or own personal preference, not general rules.

Quote
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.

This seems way to conservative. I like the approach to have a fixed budget each month for gambling. I am doing the exact same thing and split it down to have a balance for each week. But 1% is too little, if you make 70k USD per year and can only use $58 per month for gambling? That is less than $15 per week. How will this lead to anything if you have a good night? Lets say you are lucky and make 150% in the night, that is not even $50.

Quote
Guideline 2: Gamble no more than 4 days per month

Why 4 days? This seems like a arbitrary number. I don't think this limitation is really needed since you already have a fixed budget for each week. To me it seems like a better approach to fix your maximum possible loss each week and then decide on our own when and how much we gamble. If we have a busy day and can only gamble for 15 minutes a night than we should be able to gamble multiple days per week. I would not make such big restrictions.

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

What is the reason behind this one? I like the variety at casinos and want to use it. If you know the games well and used to play them in the past, why not mix them during a night? Some nights I really enjoy Black Jack and don't want to play anything else, and then I have nights were I just want to play some slots and some dice games. Especially when I have a losing streak it helps me to switch games and try to recover. There are too many different casinos games for me to limit myself to just 2.
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September 11, 2022, 07:45:51 AM
 #124

I stumbled upon random news while browsing, and it uses this article as a citation: https://gamblingguidelines.ca/lower-risk-gambling-guidelines/what-are-the-guidelines/


It's a gambling guideline newsletter, the author is short of saying that you need to stop gambling, 4 times a month and 1% of household income, is this even possible can you do this, I can't do this its hard to follow this guide if gambling is your escape or a form of relaxation, you don't deprive yourself of something that will entertain you its ok to allocate but 1% is not realistic, 5% is still ok and if you have extra income then it could be more, I wonder if anyone of us here can follow that 1% household income allocation for gambling.


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September 11, 2022, 09:30:42 AM
 #125

I stumbled upon random news while browsing, and it uses this article as a citation: https://gamblingguidelines.ca/lower-risk-gambling-guidelines/what-are-the-guidelines/


It's a gambling guideline newsletter, the author is short of saying that you need to stop gambling, 4 times a month and 1% of household income, is this even possible can you do this, I can't do this its hard to follow this guide if gambling is your escape or a form of relaxation, you don't deprive yourself of something that will entertain you its ok to allocate but 1% is not realistic, 5% is still ok and if you have extra income then it could be more, I wonder if anyone of us here can follow that 1% household income allocation for gambling.
This is just a guide because, in reality, we have to adjust it with our money so that everything can run well and does not interfere with our finances and we can allocate our income properly. Maybe 1% of our income can be allocated to gambling but some people use less than 1% to gamble because they prioritize their household over gambling. We must be realistic by not using more money to gamble because household needs can change monthly. We should also have a reserve of money in case we are in an urgent situation.

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September 11, 2022, 10:32:31 AM
 #126

I stumbled upon random news while browsing, and it uses this article as a citation: https://gamblingguidelines.ca/lower-risk-gambling-guidelines/what-are-the-guidelines/


It's a gambling guideline newsletter, the author is short of saying that you need to stop gambling, 4 times a month and 1% of household income, is this even possible can you do this, I can't do this its hard to follow this guide if gambling is your escape or a form of relaxation, you don't deprive yourself of something that will entertain you its ok to allocate but 1% is not realistic, 5% is still ok and if you have extra income then it could be more, I wonder if anyone of us here can follow that 1% household income allocation for gambling.

I absolutely agree with your point of view. It is unlikely that 1% is enough to enjoy gambling to the fullest. My annual earnings are lower than in the article given by Eldar, but I allow myself to spend $100-200 a month on gambling and that is assuming that I try to limit myself so that I do not have problems with addiction to gambling. I have a feeling that the author of this article is not well acquainted with gambling if he suggests spending only 1% of my income on gambling.

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September 11, 2022, 07:02:44 PM
 #127

It's a gambling guideline newsletter, the author is short of saying that you need to stop gambling, 4 times a month and 1% of household income, is this even possible can you do this, I can't do this its hard to follow this guide if gambling is your escape or a form of relaxation, you don't deprive yourself of something that will entertain you its ok to allocate but 1% is not realistic, 5% is still ok and if you have extra income then it could be more, I wonder if anyone of us here can follow that 1% household income allocation for gambling.
You cant do this because you don't have plans to stop gambling and that is because you think gambling can do more good to you than harm like it can make you relax and loosen up the stress that builds up in your body from the whole day of working. We know what works best for ourselves. Maybe some have tried allocating 1% as their gambling budget and they feel contented but for you, you think this isn't enough and you are gradually adding more. This is not wrong either as long this doesn't exceed on our limits.

Quote
if you have extra income then it could be more
We work to earn extra because our main income is not enough therefore we won't use it for gambling purposes.

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September 11, 2022, 07:11:11 PM
 #128

..snipped

Don't get too serious on the guidelines, many of us here already considered that as a joke due to the same reason you stated.  I believe the one who propose  that idea has little to no experience of gambling stuff.  The article openly disregards the thoughts and actual experience of gambling thus creating those ridiculous guidelines.  Or probably the author creates those for the sake of just creating a guideline without giving any consideration to fairness and balance with the gambling industry.
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September 11, 2022, 07:17:56 PM
 #129

..snipped

Don't get too serious on the guidelines, many of us here already considered that as a joke due to the same reason you stated.  I believe the one who propose  that idea has little to no experience of gambling stuff.  The article openly disregards the thoughts and actual experience of gambling thus creating those ridiculous guidelines.  Or probably the author creates those for the sake of just creating a guideline without giving any consideration to fairness and balance with the gambling industry.

I agree with you. I can't even imagine how those guidelines will be properly followed exactly as it is stated. Actually, if those will be followed then it will really give us the lower risk of losing but there's no fun on doing that. Better for me to force myself to stopped gambling rather than following those guidelines.

Anyways, I found that guidelines as a humor. We should not take it seriously.
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September 13, 2022, 09:45:42 PM
 #130

Some people doesnt really feel out some excitement when it doesnt really involved money thats why they do really end up on engaging with gambling because of this intent.Some does really have
good self control and some doesnt really have this kind of discipline which do really ends up on spending more.1% in overall salary or income wont really be bad thing but just what
been said by most people about spending 1% wont really be that enough for you to justify on the leisure or entertainment you do seek off thats why
ending up on spending more which it isnt that surprising.
Yep, most of the people are being tempted to bet more because other people are betting higher as well, without money or anything in return will not give thrill to any game that we are playing. Most of the people who spend a lot more than their salary are those people want to earn more or have more money to support their needs I just remember my uncle, until now he is doing the same thing.

probably it has a lot to do with people's skill on resisting urges and on neurotransmitter balance
dopamine can be a hell of a drug and people could get addicted to gambling

sad but it's true.

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LUCKMCFLY
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September 14, 2022, 04:26:20 PM
 #131

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.

It's like that friend, for now we can talk, but it has happened to me that sometimes when I play that mental control sometimes it is very easy for it to fade even for a few seconds, and the emptions are something that is difficult, very difficult to handle.

I have seen how many friends get carried away by emotions, but especially in sports betting, with football matches that they know they are going to lose and still they bet them, they do not mind losing, and no matter how much you tell them they are going to lose money, at that moment they don't take it into account, they just do it and start drinking beer, I think it's a way to be able to forget if they lose.


..snipped

Don't get too serious on the guidelines, many of us here already considered that as a joke due to the same reason you stated.  I believe the one who propose  that idea has little to no experience of gambling stuff.  The article openly disregards the thoughts and actual experience of gambling thus creating those ridiculous guidelines.  Or probably the author creates those for the sake of just creating a guideline without giving any consideration to fairness and balance with the gambling industry.

I agree with you. I can't even imagine how those guidelines will be properly followed exactly as it is stated. Actually, if those will be followed then it will really give us the lower risk of losing but there's no fun on doing that. Better for me to force myself to stopped gambling rather than following those guidelines.

Anyways, I found that guidelines as a humor. We should not take it seriously.

It is always good to take things in a good mood, but we cannot deny that if there are some guidelines that can help some players so that they do not fall into the problem of addiction, the important thing about all this is that it can be avoided at all costs. coast, there are many ways but if people continue like this it may be one or two guidelines but that they help you not to fall into addiction I think it is something welcome, many people wish they had never broken the rules so as not to have fallen into what they did, but still So I think it's never too late to start doing things right, there are some guidelines that I like, but I already have my own established rules, it's difficult to adapt to others.

Some people doesnt really feel out some excitement when it doesnt really involved money thats why they do really end up on engaging with gambling because of this intent.Some does really have
good self control and some doesnt really have this kind of discipline which do really ends up on spending more.1% in overall salary or income wont really be bad thing but just what
been said by most people about spending 1% wont really be that enough for you to justify on the leisure or entertainment you do seek off thats why
ending up on spending more which it isnt that surprising.
Yep, most of the people are being tempted to bet more because other people are betting higher as well, without money or anything in return will not give thrill to any game that we are playing. Most of the people who spend a lot more than their salary are those people want to earn more or have more money to support their needs I just remember my uncle, until now he is doing the same thing.

probably it has a lot to do with people's skill on resisting urges and on neurotransmitter balance
dopamine can be a hell of a drug and people could get addicted to gambling

sad but it's true.
When I was starting in this world of betting, and of the games, I always got carried away by emotions, and it is difficult not to get carried away, but this made me lose a lot of money, and that is something that I do not like very much, so I started to play with more control and control is in not getting carried away when there are big bets, you have to have the situation under control and when you feel that you have to withdraw even if you are losing, you have to do it, because it is preferable to do something like that and come back again than losing everything and running out of capital, it is very difficult to control yourself and leave the game when you think you will win.

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September 16, 2022, 02:37:44 PM
 #132

I understand what you're talking about @LUCKMCFLY and it happened to me in the past too
one thing that helps me is writing, it removes a bit the burden of thinking too much and helps me to understand my thought process

trying to balance other areas of life too with healthy habits helps a lot as wel (sleep + eat well + exercise goes a long way!)

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September 21, 2022, 11:28:40 PM
 #133

Some people doesnt really feel out some excitement when it doesnt really involved money thats why they do really end up on engaging with gambling because of this intent.Some does really have
good self control and some doesnt really have this kind of discipline which do really ends up on spending more.1% in overall salary or income wont really be bad thing but just what
been said by most people about spending 1% wont really be that enough for you to justify on the leisure or entertainment you do seek off thats why
ending up on spending more which it isnt that surprising.
Yep, most of the people are being tempted to bet more because other people are betting higher as well, without money or anything in return will not give thrill to any game that we are playing. Most of the people who spend a lot more than their salary are those people want to earn more or have more money to support their needs I just remember my uncle, until now he is doing the same thing.

probably it has a lot to do with people's skill on resisting urges and on neurotransmitter balance
dopamine can be a hell of a drug and people could get addicted to gambling

sad but it's true.
And this is why gambling business is really that profitable due to that very common reason which people cant really control their emotion most of the time and this is what make things even more worst.
People do forget on setting out their limits and as long they do have money to spent then they would definitely be doing that.Minimizing risk as much as possible because we cant really just spend up
huge money or amounts on gambling.Everything should be having limitation since we arent that millionaires or billionaires who do have lots of money to be spent.
If you are just an average wage earner or something that into this category then its really wise on having these considerations.
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September 24, 2022, 12:47:35 PM
 #134

Some people doesnt really feel out some excitement when it doesnt really involved money thats why they do really end up on engaging with gambling because of this intent.Some does really have
good self control and some doesnt really have this kind of discipline which do really ends up on spending more.1% in overall salary or income wont really be bad thing but just what
been said by most people about spending 1% wont really be that enough for you to justify on the leisure or entertainment you do seek off thats why
ending up on spending more which it isnt that surprising.
Yep, most of the people are being tempted to bet more because other people are betting higher as well, without money or anything in return will not give thrill to any game that we are playing. Most of the people who spend a lot more than their salary are those people want to earn more or have more money to support their needs I just remember my uncle, until now he is doing the same thing.

probably it has a lot to do with people's skill on resisting urges and on neurotransmitter balance
dopamine can be a hell of a drug and people could get addicted to gambling

sad but it's true.
And this is why gambling business is really that profitable due to that very common reason which people cant really control their emotion most of the time and this is what make things even more worst.
People do forget on setting out their limits and as long they do have money to spent then they would definitely be doing that.Minimizing risk as much as possible because we cant really just spend up
huge money or amounts on gambling.Everything should be having limitation since we arent that millionaires or billionaires who do have lots of money to be spent.
If you are just an average wage earner or something that into this category then its really wise on having these considerations.

facts!
sometimes I think if this is good or bad for the world in a karma point of view (or a moral point of view if you please)

it's interesting to notice that being able to control yourself doesn't have a huge relation with economic status either (or does it?), we see both poor and rich people who are able to manage risk and many who aren't

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September 25, 2022, 01:09:04 AM
 #135

..snipped

Don't get too serious on the guidelines, many of us here already considered that as a joke due to the same reason you stated.  I believe the one who propose  that idea has little to no experience of gambling stuff.  The article openly disregards the thoughts and actual experience of gambling thus creating those ridiculous guidelines.  Or probably the author creates those for the sake of just creating a guideline without giving any consideration to fairness and balance with the gambling industry.

I agree with you. I can't even imagine how those guidelines will be properly followed exactly as it is stated. Actually, if those will be followed then it will really give us the lower risk of losing but there's no fun on doing that. Better for me to force myself to stopped gambling rather than following those guidelines.

Anyways, I found that guidelines as a humor. We should not take it seriously.

Well yes, they can be taken like this knowing that we here have some experience in games, but there are many newbies and they want to do things well, so these guidelines are ideal for them, that helps them to have more control, not to fall into addiction and something that can be taken into account is that by following these rules they can forge a very good discipline so that they can carry out a good plan when playing, of course this is something that I think due to the guidelines found, some are very nice, but for example I am a player who already has his own rules, if I self-impose rules that I don't like, well I won't accept them at all, then I'll start making mixes and I don't like it.

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September 25, 2022, 06:32:09 AM
 #136

Twice a week is a huge number if you have a family and a regular job that takes 5 days a week. If you devote time to your wife, children, work, household chores, then 2 days a week for gambling is a lot. Perhaps this is advice for family people?
Yes, it should be huge if having family. But you can have family and still bet on your mobile phone or personal computer even without your wife and children knowing. It depends on how and where you are gambling.

Even if you are not married, gambling in just 4 times monthly will be good, provided if you gamble with the amount you can lose and not think about or lead to depression, I mean the amount of money that is low to the extent that you can afford to lose it.

Player self-control is very important.  Gambling is the territory of chaos.  Chaos requires strict self-control. 

To do this, you need to periodically break away from the game and ask yourself questions.  For example, how adequate am I now? 

You can measure your pulse.  A rapid pulse indicates that the person is in an altered state.  In this state, he is able to perform not very adequate actions.  Including trying to win back after losing a game of chance. 

In an altered state, a person is able to continue the game after a big win.  This is a very stupid act.

 
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September 25, 2022, 06:56:56 AM
 #137

Most times we jump into paying so much attention to how some random online user says about gambling habits neglecting the facts this users could be posting for the sake of content and not actual facts. A real gambler understands the pressure of dealing with how to manage gambling activities, I think the best guideline is self control and discipline not the whole lengthy article that looks like a law

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September 25, 2022, 01:08:34 PM
 #138

Twice a week is a huge number if you have a family and a regular job that takes 5 days a week. If you devote time to your wife, children, work, household chores, then 2 days a week for gambling is a lot. Perhaps this is advice for family people?
Yes, it should be huge if having family. But you can have family and still bet on your mobile phone or personal computer even without your wife and children knowing. It depends on how and where you are gambling.

Even if you are not married, gambling in just 4 times monthly will be good, provided if you gamble with the amount you can lose and not think about or lead to depression, I mean the amount of money that is low to the extent that you can afford to lose it.

Player self-control is very important.  Gambling is the territory of chaos.  Chaos requires strict self-control. 

To do this, you need to periodically break away from the game and ask yourself questions.  For example, how adequate am I now? 

You can measure your pulse.  A rapid pulse indicates that the person is in an altered state.  In this state, he is able to perform not very adequate actions.  Including trying to win back after losing a game of chance. 

In an altered state, a person is able to continue the game after a big win.  This is a very stupid act.

bringing a counterpoint here
but what if the best way to navigate in chaos is not strict self-control but the opposite: surrender.

I totally agree that assessing your state during the chaotic activity (like asking yourself how you feel) will help to navigate

Control and flow are somehow opposites, but not at all times.

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LUCKMCFLY
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September 29, 2022, 06:20:55 PM
 #139

I understand what you're talking about @LUCKMCFLY and it happened to me in the past too
one thing that helps me is writing, it removes a bit the burden of thinking too much and helps me to understand my thought process

trying to balance other areas of life too with healthy habits helps a lot as wel (sleep + eat well + exercise goes a long way!)

Yes, that is what is always done trying to lead what we call a healthy life, and it is easy to heal in this way, above all by sleeping well, because3 sometimes it is like they say where I live, "Living is in the dromir " So these are things that should be given, also one way is to share with the family, go out, those who have the beach nearby is also a very good way to clear the mind, go out and walk in the mountains, see that the environment sometimes can offer you other options to move forward, sometimes a good clean oxygen is very good, really clean air is the best of all therapies that may exist and that any psychologist.

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September 30, 2022, 03:12:40 PM
 #140

I understand what you're talking about @LUCKMCFLY and it happened to me in the past too
one thing that helps me is writing, it removes a bit the burden of thinking too much and helps me to understand my thought process

trying to balance other areas of life too with healthy habits helps a lot as wel (sleep + eat well + exercise goes a long way!)

Yes, that is what is always done trying to lead what we call a healthy life, and it is easy to heal in this way, above all by sleeping well, because3 sometimes it is like they say where I live, "Living is in the dromir " So these are things that should be given, also one way is to share with the family, go out, those who have the beach nearby is also a very good way to clear the mind, go out and walk in the mountains, see that the environment sometimes can offer you other options to move forward, sometimes a good clean oxygen is very good, really clean air is the best of all therapies that may exist and that any psychologist.


agree here
connecting with nature helps a lot
we have a natural mechanism to heal from most minor diseases (and maybe the big ones too!)
but our lifestyle nowadays is too disconnected from what we are built to be.

machines, gambling and technology are cool things
but they can make us sick if we aren't careful

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