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Author Topic: When betting becomes to high  (Read 3402 times)
wxa7115
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September 23, 2022, 01:44:30 AM
 #161

The thing with gambling is that you can lose a lot of money very quickly.

It can be orders of magnitude more expensive than other vices, so it's a good idea to keep it in check at all times.
All addictions bring financial ruing to the one that is addicted so this is not something exclusive to gambling at all, what happens is that a single moment of weakness is all what it is necessary for people to make a huge mistake and lose a lot of money.

And if that person is not mature enough to understand that whatever money they have lost at the casino is impossible to recover then they may try to chase their losses and that is when the money they can lose can increase dramatically, because in their desire to get their money back they will have to risk a lot of money in the process.

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September 23, 2022, 07:24:46 AM
 #162

is what I mean, no matter how hard gamblers make bets and gambling, the winner is the gambling house. and actually this has become an open secret I think because no matter how much money we have and no matter how much theory we master, it is clear that this will not be able to fight the gambling house because we are not the opponent if we want to compare profit and loss.
Gambling when you are ready to lose because for me money can still be found but fun cannot be measured and when I like to gamble even though I lose money then it doesn't matter to me. But with a note, use the money as necessary because we also have to manage finances and don't have to use all of it for gambling.

That is the risk of gambling because in reality, we are actually playing against the house which is definitely hard and challenging to beat. We can't also blame gamblers for continuously betting because there's still a small hope of hitting the jackpot or winning a huge amount of profit only if we'll get lucky. But if we gamble using a certain strategy regularly, I don't think it will work in the long run. There's no specific strategy that could make a gambler win consistently in gambling.
Actually if you look at things like this then we can't blame the gamblers because in this case I am also a gambler even though I don't always gamble but it is clear that when I bet and play I can be said to be one of those gamblers and there is no need to blame myself for that. this has become an option and I have realized that something like this must happen.
As I said before winning is just a bonus in gambling because what is sought first is fun. Maybe this doesn't really apply to other people but I think of it that way.

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September 23, 2022, 11:52:23 AM
 #163

is what I mean, no matter how hard gamblers make bets and gambling, the winner is the gambling house. and actually this has become an open secret I think because no matter how much money we have and no matter how much theory we master, it is clear that this will not be able to fight the gambling house because we are not the opponent if we want to compare profit and loss.
Gambling when you are ready to lose because for me money can still be found but fun cannot be measured and when I like to gamble even though I lose money then it doesn't matter to me. But with a note, use the money as necessary because we also have to manage finances and don't have to use all of it for gambling.

That is the risk of gambling because in reality, we are actually playing against the house which is definitely hard and challenging to beat. We can't also blame gamblers for continuously betting because there's still a small hope of hitting the jackpot or winning a huge amount of profit only if we'll get lucky. But if we gamble using a certain strategy regularly, I don't think it will work in the long run. There's no specific strategy that could make a gambler win consistently in gambling.
The problem that occurs when they cannot manage their finances, so that it will be difficult for them financially. I think it's not only in gambling that someone becomes financially difficult, in all things the same thing will happen when we can't manage well.
I have a friend who works, but he is still struggling financially. I compared with another friend who has the same salary, but he can still have savings. This proves that managing something well can save us from something that is not desirable.

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September 23, 2022, 11:58:20 AM
 #164

Mostly we experience this kind of scenario when we are facing a huge amount of loss or tons of losing streak because there's a chance that you will make revenge gameplay and make a huge amount of bet just expecting you will make your money back from the losses at the same time but of course, it is a risk play there's a chance you will lose up more double or triple that your profit or just gain the profit back again and make a stop to play gambling, mostly we stop when we don't have enough funds that's why when playing gambling always set a limit.

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September 23, 2022, 03:40:58 PM
 #165

Mostly we experience this kind of scenario when we are facing a huge amount of loss or tons of losing streak because there's a chance that you will make revenge gameplay and make a huge amount of bet just expecting you will make your money back from the losses at the same time but of course, it is a risk play there's a chance you will lose up more double or triple that your profit or just gain the profit back again and make a stop to play gambling, mostly we stop when we don't have enough funds that's why when playing gambling always set a limit.
Actually, It doesn't usually happen when we are on a losing streak on our gambling activities but also when we are on a winning streak. It can sound weird but it is true. There are gamblers who will gamble more than what they can afford when they are on a winning streak as they felt that they are extremely lucky. Some may withdraw all their winnings then come back with more than the amount they won and continue gambling in the hope that they'll win more than they already won. As we all know, the reason behind this is greed.

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September 23, 2022, 03:55:02 PM
 #166

Mostly we experience this kind of scenario when we are facing a huge amount of loss or tons of losing streak because there's a chance that you will make revenge gameplay and make a huge amount of bet just expecting you will make your money back from the losses at the same time but of course, it is a risk play there's a chance you will lose up more double or triple that your profit or just gain the profit back again and make a stop to play gambling, mostly we stop when we don't have enough funds that's why when playing gambling always set a limit.
It’s easy at first to say to put limit but once we’re into it maybe in winning or losing streak we wanted to do more in terms of winning to earn more while in losing to win back all that we lose. We must have a good discipline to really stop when we set a limit. What I do now is use my account when in fact my partner will see or will receive a notification about some transfers if ever I planto deposit again some amount, in this point there will be someone who will do everything to stop me. Actually it’s our deal to help me avoid too much gambling and I also allowed him to check my casino transactions so we will not be into fight.

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September 23, 2022, 03:55:43 PM
 #167

Mostly we experience this kind of scenario when we are facing a huge amount of loss or tons of losing streak because there's a chance that you will make revenge gameplay and make a huge amount of bet just expecting you will make your money back from the losses at the same time but of course, it is a risk play there's a chance you will lose up more double or triple that your profit or just gain the profit back again and make a stop to play gambling, mostly we stop when we don't have enough funds that's why when playing gambling always set a limit.
I agree, it could start when you're on the losing side and most gamblers don't like to end their session on a loss so they end up chasing their losses as long as they still have a bankroll going but doing so would always make it worse since the longer we play the better it gets for the casino.

This happens to everyone who steps into bigger amounts. I used to bet always 10-20$ and once i won a bet of 4000$ i started going crazy and betting big 500$-1000$ and this is when things get crazy you just cannot stop and cannot get back to ordinary amounts like before and this causes huge problems
It's not easy to say that this happened to everyone that's gambling but I think a lot of people have been there, when your profits are rolling in and your bankroll is piling up quite nicely you can't help but increase your betting size as well and go for riskier plays which can easily backfire if you start losing a few bets in a row.

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September 23, 2022, 06:37:20 PM
 #168

This happens to everyone who steps into bigger amounts. I used to bet always 10-20$ and once i won a bet of 4000$ i started going crazy and betting big 500$-1000$ and this is when things get crazy you just cannot stop and cannot get back to ordinary amounts like before and this causes huge problems
It is not just when you win big in gambling that you go beyond your limits of betting. Sometimes when you make an extra or big cash from your job or business you tend to stake higher because you have more than enough to spend. Once I had a big allowance for an outstanding performance at my work place and I was going home with enough money, I had to use part of the money which was above my limits on gambling.

I also had an experience when a friend gave me some numbers and assured me that they were sure bets. Although I had already reached my gambling limit for the week, I had to still sourced for more funds to stake those sure bet. But the truth was that I lost that money and Iearnt my lessons the hard way.

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September 23, 2022, 07:08:45 PM
 #169

This happens to everyone who steps into bigger amounts. I used to bet always 10-20$ and once i won a bet of 4000$ i started going crazy and betting big 500$-1000$ and this is when things get crazy you just cannot stop and cannot get back to ordinary amounts like before and this causes huge problems

It's a common feeling of using "free money". It's not really free but when you are given something unexpected you tend to be careless with it, thinking what's the worst that can happen?

It's a really bad way of thinking about anything of value because when you win something or get a lot of money from your investment, it's yours, just like it would be if you worked for every dollar. Being careless with it is plain stupid. If you ever get carried by emotion take a step back, sleep on it. After a few days you'll learn the true value of the money you're betting and will go back to your normal $20 bets. If they gave you 4k chances are it will happen again without you going crazy betting 1k.

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September 23, 2022, 08:01:48 PM
 #170

Have you ever had an experience betting in which you knew that you were going over the limits of you finances and still continued? I have one playing a game, it was absorbing plenty of my time and despite me knowing it, I was kind of hooked on it. It was not a financial problem, but left me wondering how easy is to actually fall into a bad habit and how difficult is to break it.
It can be said that at once a time i was very addicted to gambling. And at that time my betting style was reckless. Where I lost a lot money. I have crossed my financial limitation and got upset there too. But gradually when I realized my mistakes I was able to bring them under control. Although it took me quite a while to understand it. Today I can say that I am a gambler but not an addicted gambler.
This is not surprising as most of the gamblers have developed gambling addiction and lose a lot but some have managed to make it right and now they are already disciplined gamblers who have manage to limit their finances when it comes to gambling. Even myself is not an exception. I used to gamble a lot and sometimes end up losing all my penny. But when I start building my own family, I realized that gambling addiction will always make me put in losses throughout gambling.

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September 23, 2022, 08:59:45 PM
 #171

Have you ever had an experience betting in which you knew that you were going over the limits of you finances and still continued? I have one playing a game, it was absorbing plenty of my time and despite me knowing it, I was kind of hooked on it. It was not a financial problem, but left me wondering how easy is to actually fall into a bad habit and how difficult is to break it.
It can be said that at once a time i was very addicted to gambling. And at that time my betting style was reckless. Where I lost a lot money. I have crossed my financial limitation and got upset there too. But gradually when I realized my mistakes I was able to bring them under control. Although it took me quite a while to understand it. Today I can say that I am a gambler but not an addicted gambler.
This is not surprising as most of the gamblers have developed gambling addiction and lose a lot but some have managed to make it right and now they are already disciplined gamblers who have manage to limit their finances when it comes to gambling. Even myself is not an exception. I used to gamble a lot and sometimes end up losing all my penny. But when I start building my own family, I realized that gambling addiction will always make me put in losses throughout gambling.
Regret do always come at the end.You wont really be learning unless you do experience unfortunate events which is most likely the case for most people who do end up on this road.
You are simply being addicted to gambling if you do really come into a point on which you cant really stop yourself on playing despite on having those consecutive losses which it is
really just common sense or totally depends on your self will that you should stop unless if those amounts is already allocated for that session but if you are already that
getting into those limitation or beyond your border line then it would be better to make yourself avoid gambling for some time.

R


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September 23, 2022, 09:49:45 PM
 #172

You can think of this loss (even though you didn't really lose anything) as a payment for not regretting later "what if if I continued to play, I would win even more money"  Wink In addition, these few hundred dollars are unlikely to fundamentally change something in your life. I always treat such spending in this way - you got emotions and some chance of a bigger win, maybe next time you will be more lucky.
If you do really have those thoughts which is pertaining on possible future results or outcome then its up to someones self whether they would be tolerating such emotion or not.
Some might be good on handling out various conditions and some aren't thats why outcomes and results will really vary on case to case basis.When you do bet high or surpassing into
your limit then of course it would really be accompanied with those results or consequences which you would really experience later on.
You cant really just spend up huge money which is far beyond your limits because you do know on whats next.

Maybe I misunderstood you, but how does this relate to the case under discussion? It was bonus money, and despite the fact that he managed to increase it significantly (if you count it as a percentage), it was still a small amount. Personally, I never gamble for significant amounts and do not advise anyone to do so.

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September 24, 2022, 01:55:22 AM
 #173

Have you ever had an experience betting in which you knew that you were going over the limits of you finances and still continued? I have one playing a game, it was absorbing plenty of my time and despite me knowing it, I was kind of hooked on it. It was not a financial problem, but left me wondering how easy is to actually fall into a bad habit and how difficult is to break it.
I think this is a very common occurrence especially if you happen to gamble at a physical casino, I say this because at a physical casino every single detail is designed and arranged in such a way that it makes you to bet way more money than what you had in your mind during that day, and I say this from experience because one night I lost more money in a single session than in several other sessions, and at the end I wondered how it happened? However since that has never happened again it is obvious that I do not have any kind of gambling issue, it is just that in that particular day I just lost a little bit my self-control and that had some important consequences for myself.
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September 24, 2022, 03:59:25 AM
 #174

Have you ever had an experience betting in which you knew that you were going over the limits of you finances and still continued? I have one playing a game, it was absorbing plenty of my time and despite me knowing it, I was kind of hooked on it. It was not a financial problem, but left me wondering how easy is to actually fall into a bad habit and how difficult is to break it.
It can be said that at once a time i was very addicted to gambling. And at that time my betting style was reckless. Where I lost a lot money. I have crossed my financial limitation and got upset there too. But gradually when I realized my mistakes I was able to bring them under control. Although it took me quite a while to understand it. Today I can say that I am a gambler but not an addicted gambler.
This is not surprising as most of the gamblers have developed gambling addiction and lose a lot but some have managed to make it right and now they are already disciplined gamblers who have manage to limit their finances when it comes to gambling. Even myself is not an exception. I used to gamble a lot and sometimes end up losing all my penny. But when I start building my own family, I realized that gambling addiction will always make me put in losses throughout gambling.
and good that found your priority , these is not easy mate because indeed that gambling is addicting and many have not managed to win against them so better to stay focus in your family and children than thinking about gambling for now , we can always gamble once we have enough funds to spare and lose but for now? our priority will be our family and this is what must we do.

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September 25, 2022, 06:01:34 AM
 #175

Quote from: Wapfika link=topic=5413724.msg60994900#msg60994900 date=166394
8502
Mostly we experience this kind of scenario when we are facing a huge amount of loss or tons of losing streak because there's a chance that you will make revenge gameplay and make a huge amount of bet just expecting you will make your money back from the losses at the same time but of course, it is a risk play there's a chance you will lose up more double or triple that your profit or just gain the profit back again and make a stop to play gambling, mostly we stop when we don't have enough funds that's why when playing gambling always set a limit.
It’s easy at first to say to put limit but once we’re into it maybe in winning or losing streak we wanted to do more in terms of winning to earn more while in losing to win back all that we lose. We must have a good discipline to really stop when we set a limit. What I do now is use my account when in fact my partner will see or will receive a notification about some transfers if ever I planto deposit again some amount, in this point there will be someone who will do everything to stop me. Actually it’s our deal to help me avoid too much gambling and I also allowed him to check my casino transactions so we will not be into fight.
it is what we called ? Easy said than Done lol.

People keeps saying like do this and do that, act like this and act like that, gamble with this and gamble with that.

but if they will be on the shoes of gamblers? they will be more BS than the normal gamblers.

we should understand the attitude inside gambling addiction , most of them does not choose to become one but they have just dump into it because this is gambling tactic .

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September 25, 2022, 08:43:52 AM
 #176

I think this is a very common occurrence especially if you happen to gamble at a physical casino, I say this because at a physical casino every single detail is designed and arranged in such a way that it makes you to bet way more money than what you had in your mind during that day, and I say this from experience because one night I lost more money in a single session than in several other sessions, and at the end I wondered how it happened? However since that has never happened again it is obvious that I do not have any kind of gambling issue, it is just that in that particular day I just lost a little bit my self-control and that had some important consequences for myself.
That is true, it can happen very well in a physical casinos because of how they are designed like not seeing the outside light, condusive building and pleasuring gambling events and so on. But also it can happen in an online casino too as long as you are making some profit or getting addicted and resulting to losses. This is one of the most important things we should keep in check to know if self exclusion would be best to do. Self exclusion is not only for people that are losing money, but also for any other addiction too, just like this case.

it is what we called ? Easy said than Done lol.

People keeps saying like do this and do that, act like this and act like that, gamble with this and gamble with that.

but if they will be on the shoes of gamblers? they will be more BS than the normal gamblers.
There is nothing hard about it to many people as long as they are following the rules, or as long as they have made mistake in the past and corrected it into a gambling habit that would favour them.

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September 25, 2022, 08:55:24 AM
 #177

Betting is like signing a contract with devil. Permit me to put it that way. Once you are addicted to it, you can hardly withdraw despite knowing that you are spending above your set limit. I was also in the same situation until I request my local betting sites to lock my account temporary. If you are going extra mile beyond control over betting I would advise you to do same and take a break for a while.

R


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September 25, 2022, 11:29:29 AM
 #178

Actually if you look at things like this then we can't blame the gamblers because in this case I am also a gambler even though I don't always gamble but it is clear that when I bet and play I can be said to be one of those gamblers and there is no need to blame myself for that. this has become an option and I have realized that something like this must happen.
As I said before winning is just a bonus in gambling because what is sought first is fun. Maybe this doesn't really apply to other people but I think of it that way.

The right philosophy that allows you to play and not be upset if you lose. Nobody likes to lose, but it's easier when you do it just for fun. If you treat this as income, then these will be bets on a large amount and big losses in case of a loss, but whether it will be possible to win is another question. I am the same player, and this is just entertainment for me.

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September 25, 2022, 01:10:08 PM
 #179

Have you ever had an experience betting in which you knew that you were going over the limits of you finances and still continued? I have one playing a game, it was absorbing plenty of my time and despite me knowing it, I was kind of hooked on it. It was not a financial problem, but left me wondering how easy is to actually fall into a bad habit and how difficult is to break it.
Gaming is good and fun but could also be bad if care is not taken. Don't ever let it get to you to avoid issues for yourself, it starts as little, but might degenerate after a while. In my case, gaming has been good and I trade it responsibly without wrecking myself financially or letting it steal my precious time. If you notice you are spending more time on it, try to adjust. Maybe you will set a timer that will be notifying you promptly to avoid the excesses it could cause.

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September 25, 2022, 02:38:11 PM
 #180

Have you ever had an experience betting in which you knew that you were going over the limits of you finances and still continued? I have one playing a game, it was absorbing plenty of my time and despite me knowing it, I was kind of hooked on it. It was not a financial problem, but left me wondering how easy is to actually fall into a bad habit and how difficult is to break it.

It is easy for these type of addictions to creep up on you, but recognizing that you are spending too much time on one particular thing is essential to breaking the cycle. Then again, in the example that you gave it is not necessarily a bad thing - all too often people go out and spend ridiculous amounts of money on other activities to fill their time, which aren't necessarily good value for money, just because they want to copy a celebrity or think they need to do something action packed every day. It can be much more wise to acknowledge you like playing games a few hours per day, where you might otherwise have been frittering money away elsewhere. It's finding the right balance and portion control.

R


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