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Author Topic: When betting becomes to high  (Read 3402 times)
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September 16, 2022, 10:17:19 AM
 #21

but left me wondering how easy is to actually fall into a bad habit and how difficult is to break it.
I'm sure everyone who bets & engages in gambling has experienced something like you, maybe I also experienced it, it was difficult to control myself, so my bet ended in disappointment, even though I won big.

I understand that gambling makes us greedy, without thinking bad things can happen at any time, without thinking we have to stop when luck is on our side, unknowingly we have fallen into a pit of defeat, to that from that experience, i can think quitting a good move bet and continuing would be bad for me, for that now if I place a bet & luck is on my side of course I have to get rid of greed and make the right decision for myself, continue or stop, thus I do not fall into the pit of defeat.
addiction is one of the factors that make gambling look bad enough, many of us actually continue to lose in gambling but we only experience momentary regrets but then somehow a feeling of wanting to go back to playing when they have money (personal experience), curiosity and also revenge wanting to return the money lost in gambling actually triggers us to continue playing without realizing the consequences that may be worse we will get in the future, I think getting rid of gambling addiction is just as difficult as getting rid of addiction to cigarettes and alcohol so far.

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September 16, 2022, 10:38:06 AM
 #22

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.

All of us fall into it, I don't think anyone here is not tempted to go over their limit, I experienced this several times it was the time that your motivation is high and you're on a trail of luck but ended up losing and you try to regain what you've lost, my worst experience is losing 70% of the token I accumulate on one bounty campaign, just when the price of that token is moving up I loss potential profit because of greed, but it's a learning lesson I always remember this, whenever I am faced with this situation.

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September 16, 2022, 10:40:40 AM
 #23

Snip.
addiction is one of the factors that make gambling look bad enough, many of us actually continue to lose in gambling but we only experience momentary regrets but then somehow a feeling of wanting to go back to playing when they have money (personal experience), curiosity and also revenge wanting to return the money lost in gambling actually triggers us to continue playing without realizing the consequences that may be worse we will get in the future, I think getting rid of gambling addiction is just as difficult as getting rid of addiction to cigarettes and alcohol so far.
More precisely because curiosity arises when getting a big win, because of that factor the gambler continues to play even though he loses quite often. The curiosity that arises in the mind will increasingly encourage the gambler to get money so that he can continue to play, what he has in mind is only a victory even though in reality he always loses.
Losing everything is unavoidable when one starts to get addicted, need to control emotions to prevent bigger losses, especially when you are betting on games against systems such as slot games. In contrast to games against players, because it takes skill and courage, while slot games need to control emotions because the chances of winning are very small when fighting the system.

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September 16, 2022, 10:50:00 AM
 #24

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 one time or another, we have undergone this experience in our gambling history. We set our limits, and put enough money and then we play. But suddenly, we are hooked and we really don't know what is happening because we can't control ourselves as if someone is taking our body and telling us to continue. So yeah, I do agree that it's easy for us to really fall into this bad habit and I must admit that I become addicted to gambling even prior to involving myself in crypto and if even made me worst. But at least, now, I seldom play or gamble, just enough sports betting here and there.

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September 16, 2022, 10:52:14 AM
 #25

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.

-   That's what you call gambling addiction. Your body's routine is already looking for such things. Where you don't care if you exceed your betting limit, that's one of the problems of a gambler who is addicted to gambling. Losing control and self-discipline about the limit of the amount of money you bet on gambling.

But if you have the determination to apply self-control and self-discipline, chances are high that you will be able to prevent your gambling problem.

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September 16, 2022, 11:12:46 AM
 #26

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.

If it's only occasionally it cannot be considered a gambling addiction, its an adrenaline rush, you are very much into it because you've won and you've lost it again and you want to regain that and you think you can do that you just need the time and to increase your allocation, you are challenged to regain your losses even if realistic dictates that it's not going to be in your favor you still go for it, this what makes gambling exciting the uncertainty of what's going to happen next.


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September 16, 2022, 11:34:46 AM
 #27

I often experience it when playing the Blackjack and Bacarrat especially when I know that I can win all my loss that time by just winning the some juicy bonus bet. I lose most of my bankroll by chasing loses by I definitely accept the loss whenever I do huge bet. Sometimes when we are in the zone, we don’t care when we lose especially when we know what will be the potential profit in case one of our bonus bet win.

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September 16, 2022, 11:50:48 AM
 #28

I haven't been in that condition, but I know people that can gamble with their last money even if they are not expecting money from anywhere soon, they prefer to gamble with all their money and after losing they will endup regretting why they used the money to gamble, I think it's better we should always learn to control ourselves whenever we are gambling, if you can't control yourself then you are addicted to gambling which is very bad, you have to seek for help. If am gambling I always make sure I gamble with little amount I can afford to lose and immediately I finished my money then I stop immediately, I gamble when am stressed or whenever am bored.

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September 16, 2022, 12:26:23 PM
 #29

Have you ever had an experience betting in which you knew that you were going over the limits of you finances and still continued?
There was a particular period when I was pressed for funds and followed blindly anything that I saw had the potential to give me quick money. I was young an widely inexperienced. I got a tip from a friend about a fixed game, which in his word were "sure odds". I played the game with all the money I had, an amount way more than I would usually spend gambling whenever I seldom play. I knew I was going over my limit, but the thought of me winning from the fixed game, the sure odds...lol, kept me going.

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September 16, 2022, 01:10:31 PM
 #30

I think that this situation is almost every gambler because it occurs due to loss of control, and from time to time it happens, especially in the early stage of acquaintance with gambling.

To avoid this happening you need to learn to limit yourself and not succumb to temptation. By the way, this can be said not only about gambling but also other hobbies that may have a negative impact on a person.

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September 16, 2022, 01:40:58 PM
 #31

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 almost the average gambler has the same experience as you, especially those who have a tendency towards addiction.
in my case, curiosity is too great, makes me continue to play the game until it exceeds the financial limit. there are two games that have always kept me hooked, poker and slots. i could spend hours on end.
but as you said, how easy it really is to fall into a bad habit and how hard it is to break it. the only way to break the habit of overdoing it is yourself.
In my case, ireplaced the game with another alternative and it was very effective for me. however, in the transition it takes quite a while.

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September 16, 2022, 02:04:52 PM
 #32

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 have also experienced the same if you mean betting $300 just to win $40 because of the odds given by the bookmakers. This is more than what I can afford to lose but I've tried because I'm almost sure the favored fighter is well-fit and confident to win the match.  If I did lose the bet, I'd probably think of not doing it again. As taking most of my time, I think hobby usually consumes your time.


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September 16, 2022, 02:14:32 PM
 #33

I remember the first time I played online slots I got hooked on it. That's also the first time I stayed looking on my monitor for hours watching how the slots are rolling even though it was automated for a thousand rolls.  Grin
But luckily I didn't do it the next day. It felt wrong to me. Being idle like that and not doing anything is a waste of time and worse will leave you with a sore eye and an empty wallet.
I got the idea though on why others are getting addicted to it, it's nice to see when you hit a jackpot, it felt really good.

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September 16, 2022, 02:16:26 PM
 #34

I think every gambler had that experience at some point. It happened to me in my earlier gambling days when I kept on raising my bets to chase a loss. I thought martingale would save the day for me but it got worse. I ended up cutting my regular expenses for the month until the next payroll. It was a hard lesson.
I don't think it's a general syndrome. I have never gone beyond my limit even though i get the urge to recover loses by staking more. What i do most times is make weekly deposits and once it gets exhausted i wait for a new week to commence . This has really helped me
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September 16, 2022, 02:21:26 PM
 #35

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 would wager to think that thats a human experience that everyone has gone through. A very unpleasant way to rediscover your own weaknesses but I cannot think of a single gambler in this community who has not had the displeasure of going through their funds, more than they expected when they started the day.

Its fine. Everyone is only human. Live and learn.

If anything, it serves as a more or less slightly painful lesson not to do it again. I would think that I am a more careful gambling enthusiast because of stupid mistakes like that. At some point you see the money losses as "lesson fees".  Grin

You can always come here to vent, though Tongue

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September 16, 2022, 02:24:24 PM
 #36

...
I have also experienced the same if you mean betting $300 just to win $40 because of the odds given by the bookmakers. This is more than what I can afford to lose but I've tried because I'm almost sure the favored fighter is well-fit and confident to win the match.  If I did lose the bet, I'd probably think of not doing it again. As taking most of my time, I think hobby usually consumes your time.

Betting big amounts to recover small ones is really risky, some times it works but some times it get us on a deep hole.

I remember in the old times when bitcoin worth close to $500, i was losing 0.1 btc and decide to bet 1 btc to 90% chance to win. I was lucky and recover the 0.1 but wasn't a smart move at all. And i remember the time when i lost 0.5 btc trying to recover 0.05 in poker, that day i feel terrible, but it's the way that gambling works.

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qwertyup23
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September 16, 2022, 03:03:55 PM
 #37

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.

Yes definitely- I sometimes called and refer to it as the "cycle of gambling."

Unfortunately, the basic instinct of a person whenever he/she experiences a loss is to quickly recover it through gambling again. This creates a cycle wherein a person would have this hope of recovering all of his losses but in reality, he would just incur more losses in the process.

Unfortunately, this happens too many often and the remedy is to actually bring someone with you to act as your "limiter" in order to avoid going on with your limits. Another remedy is NOT to bring your credit card and only to bring a handful amount of cash to prevent from overspending.

R


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September 16, 2022, 03:12:36 PM
 #38

I've experienced it in the past and it hurts to see all the money gone on the gambling table. At that time, I saw gambling as a place to have fun when I had nothing else to do. I decided to gamble for $10 but in fact, I spent $20 more because I enjoyed the game too much. Even the defeat I experienced did not make me stop playing. And instead took the funds in my account to continue gambling. This also happens to many people because gambling can tempt us and we will easily follow the whisper in the ear to keep trying. But in the end, if we are unlucky, we will lose the money without being able to recover it.

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September 16, 2022, 03:29:51 PM
 #39

On several occasions, I have gambled more than I expected on betting. I bet mostly on virtual games, for quick money. It was like an addiction back then cause I do bet until I finish my finances there, that's when I will only rest for that day. The only solution I came up with was starting to go to betting shops with less money that I can afford to lose willingly, not minding whether am losing or winning. Since then till now, that's the strategy I have been applying

R


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September 16, 2022, 03:44:22 PM
 #40

OP; I have not fallen into the use of my finances but of my money available to bet, even not only from the bankroll, but from that extra to cover unexpected losses and it was in poker in a game called Zoom, I don't know currently but you could open a maximum of 4 tables for those years, I no longer play at the Red Spade (PS) nor do I have the rhythm of those years but the volume of hands per hour was (or is, I guess there is still that modality) between 800-1000 hands (4 tables), when you play poker, you know that in the long term run you accommodate your profits, whatever, I got hooked, I played more time than I should , anyway, I used to, so the losses increased as I played, that is, even playing nl2 and nl5 my bankroll was exceeded so many times that at a certain point I was about to resort to money that I did not have destined to play poker.

Important, played at the lowest limit 0.02 and 0.05 (zoom) but I left my comfort zone, I started playing a new modality, for all players, that type of game was an innovation at that time, so , as simple as any other style, I had to adapt myself in a modality that I did not know and from which numbers were just beginning to be obtained, fortunately I used poker traker (PT) and after several hundred thousand hands to improve things (bankroll), according to the analysis of the data obtained from PT, I should play more hours/day, so thanks to PT I was able to realize that despite being at  ROI red, the best option was to withdraw from this new modality called zoom.

The modality (zoom) was not adapted to my style of play, so I let it go, I didn't want to change my playing style from the traditional tables and adapt to a new modality for daily play, it can take months, even years.
So, sometimes I played it but to make a wager pending the end of the month or experimenting on other levels, but it is certainly quite addictive to play a hand of poker every second.

In general, one believes that the fact of being aware of a certain betting niche makes one an expert, but any small change that is made in what works for you can bring you great losses and sometimes you do not understand it because it is something that always It has worked for you and that same confidence leads you to be wrong for weeks or months, so review your betting habits or have access to game data and analyze it not only in how much you lose or win, there are many variables to look, and those mistakes are confused with the classic bad luck.

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