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Author Topic: Gamble Responsibly  (Read 11069 times)
Wiwo
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April 19, 2023, 12:30:58 PM
 #121

Gambling should never be used as a way to make money or solve financial problems it is important to only gamble with disposable income and never chase losses. Keep track of gambling times and amounts to stay within your limits if you feel this is becoming a problem, don't hesitate to take a break or stop altogether gambling can become addictive if not done responsibly. A gambler needs to take complete control of their gambling activities to be successful. People who cannot take full control of their gambling activities must refrain from gambling people around the world enjoy gambling but they do so responsibly.
But wait let me get some clarification on that assumption that gambling should not. Be taken as a means of making passive income, even though the gambling risk factor is higher than any other venture that provides passive income.  Gambling can change one life in a twinkle of an eye and also it can ruin one life, but gambling objectively is what makes the big difference and in as much as you can control your gambling behaviour.

But there is truly no certainty to. Whether one will win or lose while gambling so it is not a good means of income because you will certainly go bankrupt if you continue gambling excessively.
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traderethereum
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April 19, 2023, 01:23:15 PM
 #122

Take a break.

Play for fun.

Don't chase your losses.

Stick to your Limits.

Gamble Responsibly.

It's actually easy to say or advice this kind of things but believe me it is really hard to follow it. I think you will be responsible gambler if from the start you already practicing how to be a good gambler. For example from the start you managed to practice how  you would manage your bankroll, practicing not to exceed on your weekly budget and especially controlling your emotion whenever you are losing.
The most important thing is that we can care for ourselves while gambling and always pay attention to the limits.
And if you feel you have had enough of gambling, stop immediately and don't try to play one more round because that can make you want to play gambling even longer.
If you feel you are not strong enough to control your emotions, try to keep learning so that you can become a responsible gambler.
Gambling responsibly is difficult but we must keep trying so we don't lose much money.

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April 19, 2023, 02:14:47 PM
 #123

Gambling should never be used as a way to make money or solve financial problems it is important to only gamble with disposable income and never chase losses. Keep track of gambling times and amounts to stay within your limits if you feel this is becoming a problem, don't hesitate to take a break or stop altogether gambling can become addictive if not done responsibly. A gambler needs to take complete control of their gambling activities to be successful. People who cannot take full control of their gambling activities must refrain from gambling people around the world enjoy gambling but they do so responsibly.
But wait let me get some clarification on that assumption that gambling should not. Be taken as a means of making passive income, even though the gambling risk factor is higher than any other venture that provides passive income.  Gambling can change one life in a twinkle of an eye and also it can ruin one life, but gambling objectively is what makes the big difference and in as much as you can control your gambling behaviour.

But there is truly no certainty to. Whether one will win or lose while gambling so it is not a good means of income because you will certainly go bankrupt if you continue gambling excessively.
From some of these arguments we get the answer that gambling is fun and enjoy every luck you get. Betting for fun using money you can afford to lose I think is better than having to think of gambling as passive income.
Let's just say that we are lucky to get a small or big win as a bonus when we gamble for fun without expecting anything big.

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April 19, 2023, 02:23:26 PM
 #124

The only money you can't think about even after losing is the money that you CAN afford to lose. Let's say you lose even $10 and then a thought comes to your mind that why did I gamble, I should have bought a cup of coffee or a packet of cigarettes instead, then it's not the money you can afford to lose because if you do, such thought would not have come to your mind at the first place. So, gamble ONLY with the money you can afford to lose. Making money with it needs luck and if you're lucky, get out with some money you won and just enjoy with it. Don't get stuck in front of your mobile screen playing those games continuously because continuation of it will only make you lose everything in the end. Even if you double up your money, just withdraw it and go out, party with friends and leave gambling for that day. Set a fixed amount that you can afford to lose each month, then divide it by 4 and use the outcome each week and enjoy. Wink

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April 19, 2023, 02:57:37 PM
 #125

Gamblers must know already what they are trying to risk for and that's the huge amount of profit and satisfaction, for sure all of the gamblers are seeking only profit, not all the time gambling casino could bring this dream because only a few people with skills, and luck have the chance to get a good profit, and it's not a lose to the casino because upon having there's winner wisdom of mouth can easily spread and gain more players so the small portion of the winner can make a good return to them. A gambler must ready for the possible loss, so better to have a backup funds if you can and make a plan and target on how much any how does it take long to gamble.

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April 19, 2023, 03:52:51 PM
 #126

The only money you can't think about even after losing is the money that you CAN afford to lose. Let's say you lose even $10 and then a thought comes to your mind that why did I gamble, I should have bought a cup of coffee or a packet of cigarettes instead, then it's not the money you can afford to lose because if you do, such thought would not have come to your mind at the first place. So, gamble ONLY with the money you can afford to lose. Making money with it needs luck and if you're lucky, get out with some money you won and just enjoy with it. Don't get stuck in front of your mobile screen playing those games continuously because continuation of it will only make you lose everything in the end. Even if you double up your money, just withdraw it and go out, party with friends and leave gambling for that day. Set a fixed amount that you can afford to lose each month, then divide it by 4 and use the outcome each week and enjoy. Wink
I agree that regretting that you lose does mean that you don't have the money that can lose and it simply means you are just an irresponsible gambler. Of course most of us want to earn profits in gambling but there are others that don't have the initiative to manage their funds. I personally budget my gambling funds so that I won't regret if I lose and I still have money to comeback my losing next time I play the casino. I'm also one of those gambling addicts before and I learned how to properly manage myself real hard after losing so much money. I believe that not everyone of us has a way to manage our gambling habit, which I also believe that those person are the one who lose really hard in gambling.
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April 19, 2023, 04:34:02 PM
 #127

Making wrong decisions
Gambling might be the cause or lead to many things but, one thing I don't think hails from gambling is 'making wrong decision'.
There might be reasons as to why you might have considered this to be gambling related but, this is simply behaviour and an ability to judge. Gambling has no hand in reasons why, individuals chose to act or behave in a certain way.

This is solely dependent on the individuals rationality. People gamble and become so addictive to gambling but, are still able to make good decisions in other spheres of there life. Should you pick a wrong bet while gambling, we can't say you made a wrong decision, you just picked an option that didn't play out and that is you, running out of luck and not a wrong decision.

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April 19, 2023, 04:47:32 PM
 #128

--snip--
I personally budget my gambling funds so that I won't regret if I lose and I still have money to comeback my losing next time I play the casino. I'm also one of those gambling addicts before and I learned how to properly manage myself real hard after losing so much money. I believe that not everyone of us has a way to manage our gambling habit, which I also believe that those person are the one who lose really hard in gambling.

It's great to know that you've overcome your addiction and that you're no more an addicted gambler, which means that we can control on our emotions, all we need is the will power to do that. But generally, as you said that those who don't have the way to manage their gambling habits lose really hard, I believe that they must go and consult to gambling advisors to help them stop doing it because this habit won't only ruin their own life but will also affect their family members if they ever think of gambling through loans and credits.

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April 19, 2023, 05:18:16 PM
 #129

Gambling should never be used as a way to make money or solve financial problems it is important to only gamble with disposable income and never chase losses. Keep track of gambling times and amounts to stay within your limits if you feel this is becoming a problem, don't hesitate to take a break or stop altogether gambling can become addictive if not done responsibly. A gambler needs to take complete control of their gambling activities to be successful. People who cannot take full control of their gambling activities must refrain from gambling people around the world enjoy gambling but they do so responsibly.
But wait let me get some clarification on that assumption that gambling should not. Be taken as a means of making passive income, even though the gambling risk factor is higher than any other venture that provides passive income.  Gambling can change one life in a twinkle of an eye and also it can ruin one life, but gambling objectively is what makes the big difference and in as much as you can control your gambling behaviour.

But there is truly no certainty to. Whether one will win or lose while gambling so it is not a good means of income because you will certainly go bankrupt if you continue gambling excessively.
Do people still see gambling as a potential passive income's source? I thought that by now, in full 2023, after the sudden popularization of online platforms since the previous years, everyone were already aware about gambling being an entertainment activity to kill the time and to have some fun.
If during this hobby activity a gambler gets lucky to win a decent prize, he should consider himself a winner who belongs to the small percentage of gamblers who are able to hit the jackpot and make good use of it. Otherwise, that he continues his gambling routine without prejudicing his financial life spending money which is supposed to be used for another sectors of his life.

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April 19, 2023, 06:11:24 PM
 #130

Gambling addiction is currently rampant, most people gambling currently are taking gambling as source of income, which they are always doing everything just to win, even when they are losing they don't give up, they keep on gambling hoping they will win, one of the first mistake gamblers are always making is taking gambling as source of income, gambling should be for relaxation and fun and not your source of income, if you take gambling as your source of income, then you will easily get addicted and you won't even know when you will start taking loan and selling properties just because you want to gamble.
Gambling addiction is something that I see many control easily, they have a hard time doing it and from what they have said things get out of control, I don't know what is worse,falling into the habit of drugs, alcohol or being addicted The bad thing about the casino and games of Chance is that the casino throws you off at once and how does it play if an addicted player doesn't like to play with play money, if it were with play money there would be no problems, but that's with real money and not being in control and losing all the time is worthy that you need professional help.
Addiction is not something to be controlled with ease, it's as simple as that. Now it doesn't matter what that addiction is, when it comes to gambling, people who gamble a lot are basically gambling addicts, and you can barely find someone who finds it easy to just stop gambling, they may try at some point to reduce the time they spend on it, but eventually, they will start adding to it again.

So it's pretty obvious that it's not easy to control gambling addiction, and that is the reason why everyone suggests that one should gamble only within his limits, by not spending much money or much time on it.

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April 19, 2023, 07:18:45 PM
 #131

Thanks for this great insight. I know of a close pal that lost his properties to gambling. The reason he joined gambling was that a friend won a huge fortune. This motivated him to join.

Sometimes it's greed that makes most people get addicted to gambling.

I gamble too but I do that responsibly.
Please always use what you can afford to lose.

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April 19, 2023, 07:21:21 PM
 #132

Even with a lot of warnings and cautions it is the person it self who can control it, it is his will power whether to stop playing gambling for good or keep being addicted to it. Usually people who are getting addicted to it are the people who need money the most, the reason they keep playing is either they wanted to earn quick money or chase their losses because they are regretting about the amount of money that they lose but instead they keep losing and losing.
Despite the existence of reminders and warnings about the effects of gambling addiction and testimonies of people who have fallen for compulsive gambling, there are still people who can't control their urge to gamble. It is a personal choice and could only be cured through a person's willingness to change his path. People who fall for gambling addiction are those who strongly believe that they can get rich in gambling and that they are even risking everything they have. One common reason why there are gambling addicts is that they have a wrong mindset towards gambling.
Almost every gambler still think that they can get rich by gambling. We are in 2023, we have mathematical proof that unless you hit the jackpot on something and get super lucky, then you won't get rich, and even in that case if you keep gambling then you will lose that back, so you need to wager once, win big, and then leave in order to win.

This is already proven and this is a FACT, when there is a fact that you won't become rich, why do people still think that it is possible? That is beyond my understanding without a doubt. All in all I have to say that the best thing to do right now is to make sure that we do what we can to have fun and enjoy ourselves, gamble responsibly like the title says, and focus on the fun side of things.
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April 19, 2023, 07:52:13 PM
 #133



Here are some Negative effects of excessive gambling.

Too much stress
Anxiety and Depression
Debt
Making wrong decisions

And if all these is active in one's life low self-esteem is sure to follow, many people messed up their lives by gambling and they don't know when they start borrowing money, or selling off properties because of gambling until they have nothing left.

Thier families are the one who got caught up in the mess, imagine a family man that has a home to take care of ending up losing everything to gambling and start living a wrecked life, I have seen a lot.

My advice for upcoming gamblers reading this thread today, always makes sure you gamble like a responsible man. Remember where you came from and think about your children and family.  

Gambling must not be your path to success, you will get rekt very fast.

Do not build any dreams around gambling at all.

Gamble for fun only, using small money that you aren't needing, and think about losing that money first, to make sure that you won't be needing the money if it's gone.

Take a break.

Play for fun.

Don't chase your losses.

Stick to your Limits.

Gamble Responsibly.


Pitching your tent on gambling as a means of escaping poverty in life is one hell of a mirage no sane human should create in his head as the chances of you getting wrecked in life is 99% possible. As a gambler, the best you can be to yourself is being a responsible gambler, in that way you know your limits and when to apply some breaks even when your mind feels you can win the next bet after series of loss for the day.

It is the feeling that you may win the next game if you go on trying that makes many gamblers to end up squandering their account to the last penny and with the liberty of such feelings addiction to gambling is inevitable to take place. It's just so unfortunate some gamblers still don't learn from the mistakes of others.

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April 19, 2023, 08:35:07 PM
 #134

Gamblers must know already what they are trying to risk for and that's the huge amount of profit and satisfaction, for sure all of the gamblers are seeking only profit, not all the time gambling casino could bring this dream because only a few people with skills, and luck have the chance to get a good profit, and it's not a lose to the casino because upon having there's winner wisdom of mouth can easily spread and gain more players so the small portion of the winner can make a good return to them. A gambler must ready for the possible loss, so better to have a backup funds if you can and make a plan and target on how much any how does it take long to gamble.
There are some certain risks we need to limit ourselves as a gambler that is while we should not see everything as an opportunity since if we don't take proper risks we might end up becoming a victim of loses.

Those who do not have what they are doing are the ones that mostly end up making severely loses because all there earnings comes from betting.

The big boys does not take the kind of risk we that are average gamblers are taking because of there different perspectives about betting. They can bet with big funds because they have it and there sources if income is multiple and they can do anything the feel like doing if they like.

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April 20, 2023, 12:54:50 PM
 #135

Gamble for fun only, using small money that you aren't needing, and think about losing that money first, to make sure that you won't be needing the money if it's gone.

Take a break.

Play for fun.

Don't chase your losses.

Stick to your Limits.

Gamble Responsibly.
This is all true, but it's hard to follow it to the tee, I mean at some point in our gambling activity we all be addicted to it, lose big money but still, go and play even if we borrow or make a loan.

And we can only stop it if we can start it from inside, from ourselves and really understand the negative effects of gambling. We can still continue to gamble though, and uses the tips you put without getting ourselves like paranoid because we are addicted to it that our lives are affected. So yeah, it might be hard to gamble responsibly, but we can try and make a middle ground, just saying.
What can we do? We are only human. We will never be perfect no matter how hard we try. I guess it was fine but what important is we never over do it and most of the times we are still on a normal condition. We still know what is wrong and what is right. I confess that can sometimes be addicted, lose big money but I don't take a loan immediately to come back and try to recover.

I already made a mistake there and I don't want to amplify it because the chance to lose is still high. Listening from your inner self seems very powerful. I don't think you can only stop temporarily when you do it but maybe you will permanently quit gambling for good.

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April 20, 2023, 08:08:14 PM
 #136

Thanks for this great insight. I know of a close pal that lost his properties to gambling. The reason he joined gambling was that a friend won a huge fortune. This motivated him to join.

Sometimes it's greed that makes most people get addicted to gambling.

I gamble too but I do that responsibly.
Please always use what you can afford to lose.
It is a common reason people join gambling because they have seen someone or even a friend who has won a lot of money. This is why if someone sees gambling, he must already be able to control himself because when we see other people winning, we must also have the same desire to win from gambling.

We will surely imagine if we were the ones who managed to win that much. If we do not have self-control, we will not be able to withstand the rigours of gambling temptations and will instead become addicted.
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April 20, 2023, 08:57:38 PM
 #137

I still hard to believe if a gambling addict will stop and realized if they was wrong with their gambling habit, because there are many gambling addict get forced by their parents to not gamble and get kicked from their company, but it doesn't make them to stop gambling.

There's nothing wrong about this thread, but if you hope you can help an addict by creating this thread, you shouldn't hope to high.
Once a gambler develops addiction, surely he won’t easily admit it and definitely, it will be very hard for him to stay away or even stop from engaging in any gambling activity. Until he used up all his money and create a life changing damages into his life, and seeing himself being drown from loans, maybe by that time when things become too bad for him, he might then ask for help so he can get away from gambling. If only in the first place these gamblers gamble responsibly and have listened to the advices from their parents, they might have avoided gambling from ruining their future.

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April 20, 2023, 10:32:11 PM
 #138


From some of these arguments we get the answer that gambling is fun and enjoy every luck you get. Betting for fun using the money you can afford to lose I think is better than having to think of gambling as passive income.
Let's just say that we are lucky to get a small or big win as a bonus when we gamble for fun without expecting anything big.[/left]
Gambling is indeed fun and if we must enjoy it properly then we must set. Some principles in place that will guide our actions and as a matter of fact to avoid possible addictions we must not monetise our gambling session and we should play only for fun and nothing else but if the winning come along the way so be it.

But we should not make that as the centre of a priority since gambling result is uncertain and we can't predicts it outcome, if we can have something like gambling limits as a key feature in the casino where players have to set their gaming time on the casino it could help lessen the effect and tendency to get carried away and thereby being a responsible gambler.
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April 20, 2023, 10:41:46 PM
 #139


From some of these arguments we get the answer that gambling is fun and enjoy every luck you get. Betting for fun using the money you can afford to lose I think is better than having to think of gambling as passive income.
Let's just say that we are lucky to get a small or big win as a bonus when we gamble for fun without expecting anything big.[/left]
Gambling is indeed fun and if we must enjoy it properly then we must set. Some principles in place that will guide our actions and as a matter of fact to avoid possible addictions we must not monetise our gambling session and we should play only for fun and nothing else but if the winning come along the way so be it.

But we should not make that as the centre of a priority since gambling result is uncertain and we can't predicts it outcome, if we can have something like gambling limits as a key feature in the casino where players have to set their gaming time on the casino it could help lessen the effect and tendency to get carried away and thereby being a responsible gambler.
It should be for fun but we know that there are people who do really go far beyond those means and would really be coming for making money out of gambling and this is where disaster do really start on.
We should really be that mindful about our finances and only spend on the amount which we can afford to lose so that gambling wont really be wrecking up our lives. Gamble responsibly
and its a must thing, you wont really be putting your finances at risks if you do play safe and just spending on the amount which is really that intended to be used or consumed on gambling.
Dont bet your life savings or emergency funds then you should really be just that fine.

R


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April 20, 2023, 10:46:41 PM
 #140

Those that didn't gamble responsibly, were the ones that you've said with the negative effect and that's all about debt. Literally in life, it's hard to recover when you've been covered with debts. You don't know how to recover but by just thinking to gamble again and that might be the chance of luck that will be given to you to carry on. But it's been seen and tried many times by the majority and that chance goes only to the few people that have found success in recovery and then the rest will leave with nothing and then just another debt until that cycle is repetitive until they don't realize that the only way to deal with that is to moderate their gambling while paying their debts at the same time, or focus on paying the debts first then get cleared and don't take loans to gamble, never again.

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