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Author Topic: An Intriguing article: How to Perfect Your Gambling Strategy  (Read 1067 times)
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May 28, 2023, 10:09:56 AM
Last edit: May 28, 2023, 10:35:17 AM by lionheart78
Merited by gunhell16 (3)
 #1

I stumble on an article[1] while browsing the net and I think of sharing it here because I find it intriguing when it gives an instruction on perfecting one's gambling strategy.  To cut it short, here is the advice stated in that article:

The article suggested that one should Develop a style and stick with it.  For those who do not know how the list below can give you a hint.
  • Choose a game
  • Create a logical system
  • Record the data of the bet
  • Try the demo of the game to practice
  • Do bankroll management
  • Make sure that you have enough money for gambling(play only what you can afford to lose)
  • Put a limit to losses
  • Listen to the advice of the winning pros
  • Focus on our bet
  • Learn to accept losses
  • Know when to quit.

You can check the explanation on the link below



Now, many of us think that there is no perfect strategy for gambling due to the fact that most gambling results are random and that we don't have any control over the result of our session.  I agree with that and I see the list above as minimizing losses and/or avoiding severe losses during our gambling activities. This might be a good suggestion to follow for those who have problems with their gambling losses.  I also think that the given instruction is far from being a perfect gambling strategy to win a session but it is good enough to follow to keep us from losing too much money.  

The last two (10 and 11) on the list are the key to keeping us from chasing losses and being addicted to gambling.  I believe gambling isn't a simple matter and it needs a lot of preparation and understanding to avoid bad consequences, not saying, it also requires a lot of self-discipline to keep us in check.

So what do you think about the list of instructions stated by the article, are they good enough to keep a person to have an edge against the gambling platform?


[1] https://ftnnews.com/other-news/44458-how-to-perfect-your-gambling-strategy


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May 28, 2023, 10:15:49 AM
 #2

I stumble on an article[1] while browsing the net and I think of sharing it here because I find it intriguing when it gives an instruction on perfecting one's gambling strategy.  To cut it short, here is the advice stated in that article:

The article suggested that one should Develop a style and stick with it.  For those who do not know how the list below can give you a hint.
  • Choose a game
  • Create a logical system
  • Record the data of the bet
  • Try the demo of the game to practice
  • Do bankroll management
  • Make sure that you have enough money for gambling
  • Put a limit to losses
  • Listen to the advice of the winning pros
  • Focus on our bet
  • Learn to accept losses
  • Know when to quit.

You can check the explanation on the link below



Now, many of us think that there is no perfect strategy for gambling due to the fact that most gambling results are random and that we don't have any control over the result of our session.  I agree with that and I see the list above as minimizing losses and/or avoiding severe losses during our gambling activities. This might be a good suggestion to follow for those who have problems with their gambling losses.  I also think that the given instruction is far from being a perfect gambling strategy to win a session but it is good enough to follow to keep us from losing too much money. 

The last two (10 and 11) on the list are the key to keeping us from chasing losses and being addicted to gambling.  I believe gambling isn't a simple matter and it needs a lot of preparation and understanding to avoid bad consequences, not saying, it also requires a lot of self-discipline to keep us in check.

So what do you think about the list of instructions stated by the article, are they good enough to keep a person to have an edge against the gambling platform?


[1] https://ftnnews.com/other-news/44458-how-to-perfect-your-gambling-strategy



That is a well known "strategy" for most people that gamble daily.For example me having been one of them gambling daily on slot machines as now I mostly play sport betting knew that to perfect or to "increase" my chances in a slot machine I got to the website of the producer and tried the game with over 2000 spins for some days,I collected all the data,found at what average number of spins the bonus round used to came out on screen (this is the biggest problem,sometimes it can never come for those huge number of spins) and based on that I setup a budget to play.Mostly I used that budget to play in games in providers where you can buy the bonus game.Nice sharing though as most likely there are a couple of gamblers who may not know such "strategy".

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May 28, 2023, 10:20:42 AM
Merited by lionheart78 (1)
 #3

It's just as you have stated, there is no perfect strategy in gambling and anyone claiming such is either a scameer or a lier with dubious motives.

The list you have provided could help reduce losses to some certain extent and not completely ( which is stillfar better than lossing all the time) while 7, 10 and 11 can  help us avoid becoming addicted to gambling I think I have mentioned these point before in some of my post concerning the things I observe hat has made me escape becoming addicted to gambling.

All of them are great tips, but I think no 6 could be modifed to make it more clear because someone could interprete as gamblers should have enough money so that they can gamble more, you could use "use spare or money you can afford to lose" that sounds better and it's also moe self-explanatory.

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May 28, 2023, 10:29:11 AM
Merited by The Sceptical Chymist (3)
 #4

The article suggested that one should Develop a style and stick with it.  For those who do not know how the list below can give you a hint.
  • Choose a game
  • Create a logical system
  • Record the data of the bet
  • Try the demo of the game to practice
  • Do bankroll management
  • Make sure that you have enough money for gambling
  • Put a limit to losses
  • Listen to the advice of the winning pros
  • Focus on our bet
  • Learn to accept losses
  • Know when to quit.
Why should I record the data of a bet? It is not necessary for me.

I do not try demo, I go for the ones that I know how to play. I mean the ones that I know and they are not hard to play. There are plenty games on casinos.

Why should I make sure I have enough money for gambling when I am only using very tiny amount to gamble. Bank roll management is enough which is not hard. Just take 5% or less of your weekly income to gamble weekly. Also putting a limit to loss.

I do not have to focus on my bet. If I lose I lose. If I win I win. I can afford the lose once it is not beyond my 5% of my weekly income. It is not even getting to 5% that I use to use weekly, usually I use around 2 to 3% weekly to gamble.

What I see useful are:
Do bankroll management
Learn to accept losses
Know when to quit



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May 28, 2023, 10:41:37 AM
 #5

Shouldn't gambling be fun for the players, and on the other hand, profit for the owners? The majority who approach gambling (and by that I mean casino games) in such a way that they want to beat the house will not succeed regardless of the strategy.

The best strategy that anyone can practice is to think of gambling as fun and to set a limit that he can lose daily, weekly or monthly. In that case, the whole thing makes sense and will not negatively affect our life, and in case of a bigger gain, we can attend some things in life that we have wanted for a long time, but we didn't have the opportunity considering our income.

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May 28, 2023, 10:56:22 AM
Merited by benalexis12 (2)
 #6

All of them are great tips, but I think no 6 could be modifed to make it more clear because someone could interprete as gamblers should have enough money so that they can gamble more, you could use "use spare or money you can afford to lose" that sounds better and it's also moe self-explanatory.

Good catch there, I already put a reminder that the budget should be the money they can afford to lose to not create any misunderstanding that the tips are encouraging them to put more money into their gambling session.  Although the article clearly stated that:
Quote
The first thing you don't want to do is bet when you don't have enough money. Enough money doesn't mean you dip your hands into your savings or emergency funds. Having enough money helps you bet without worrying, it saves you from unnecessary desperate calls which might impair your betting judgment.
and it clearly says that we must have enough funding while using the strategy without compromising our budgets for bills and commodities, and emergency funds.

Why should I record the data of a bet? It is not necessary for me.

I do not try demo, I go for the ones that I know how to play. I mean the ones that I know and they are not hard to play. There are plenty games on casinos.

Why should I make sure I have enough money for gambling when I am only using very tiny amount to gamble. Bank roll management is enough which is not hard. Just take 5% or less of your weekly income to gamble weekly. Also putting a limit to loss.

I do not have to focus on my bet. If I lose I lose. If I win I win. I can afford the lose once it is not beyond my 5% of my weekly income. It is not even getting to 5% that I use to use weekly, usually I use around 2 to 3% weekly to gamble.

The quoted part of the article in my above reply tells the reason.  But for us that see gambling as entertainment wouldn't bother that much.  I think this kind of tip is for more serious players that see gambling as a way to generate money and keep them at the safe zone at least.

What I see useful are:
Do bankroll management
Learn to accept losses
Know when to quit

I agree with you about these tips are useful to minimize losses.  the article is about having an "edge"  and at the same time limiting losses while engaging in gambling activity.  Just like what @swogerino stated, the advantage of trying the demo and keeping the data and studying it when is to know when the bonus scatter is triggered which is one of the important factors that may influence the fund we can allocate.  Information is a very powerful tool so I do not belittle the power of gathering data and statistics.

Gambling results may be random but in some way, it has a range or pattern on when the bonus round will likely trigger.

Shouldn't gambling be fun for the players, and on the other hand, profit for the owners? The majority who approach gambling (and by that I mean casino games) in such a way that they want to beat the house will not succeed regardless of the strategy.

It should be, but there will always be a player that wanted to earn money from gambling activities, worst, there are players that wanted to try to beat the house which often resulted in the players' destruction.



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May 28, 2023, 10:57:35 AM
 #7

So what do you think about the list of instructions stated by the article, are they good enough to keep a person to have an edge against the gambling platform?

I would say that all those sound like a solid advices, but they are much easier said than done. It takes a lpt of effort and self control to actually implement all those mentioned things and only the few are capable of soemthing like that.

For me gambling is just fun and I dont dream about becoming rich from it so I usually ignore everything above lol and play as i feel that day.
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May 28, 2023, 11:32:18 AM
 #8

Shouldn't gambling be fun for the players, and on the other hand, profit for the owners? The majority who approach gambling (and by that I mean casino games) in such a way that they want to beat the house will not succeed regardless of the strategy.

This is the right way but most of the gamblers especially on crypto casino is so greedy on profit due to the too much exposure on risk. Either on crypto volatility trding or gambling. Gambling should be done for fun but many of us use this as source of profit. Even I sometimes become greedy when I’m already soaked in the game even though my main purpose at start is just to have fun.

Having an early loss of significant percentage of my bankroll always change my mood from calm to greedy even though I’m using only small amount of money as bank roll. I would say the actual mentality is very hard to manage rather than in theory no matter what strategy being use.

The best strategy that anyone can practice is to think of gambling as fun and to set a limit that he can lose daily, weekly or monthly. In that case, the whole thing makes sense and will not negatively affect our life, and in case of a bigger gain, we can attend some things in life that we have wanted for a long time, but we didn't have the opportunity considering our income.

This is my objective now. I think the only way to do this properly is to set a date on when I gamble since frequent gambling always change the goal of fun to profit. So far this long gap of not gambling helps me a lot to control my losses and gain consistent profit even in small amount.

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May 28, 2023, 11:33:42 AM
 #9

Not all this advice is good, gambling is not trading, with trading you need to know how to read the chart but with gambling you need to rely on luck, one is chart reading and the other is pure luck.

People think they are good at gambling but don't know that it's pure luck, why is it that your wining is few and your losses are higher? This is the true definition of gambling.

Trading is way better than online gambling, losses is highly possible with trading but it can be avoided, and you will have positive results in trading than gambling, gambling is pure luck.

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May 28, 2023, 11:59:10 AM
 #10

This is a gambling strategy not to become a compulsive gambler the bottom line of all these points is protecting yourself from not betting what you can afford to lose and not chasing your losses, you can only do these two things because the fact remains that there is no proven strategy to become better in gambling and beat the house, all strategies are all about protecting yourself from becoming a compulsive gambler.
As long as you are a responsible gambler and you remain that way, you are good to go with whatever strategy you are using or following.

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May 28, 2023, 12:02:25 PM
Last edit: May 28, 2023, 12:13:11 PM by bitbollo
 #11

interesting advices. I would say definitely useful.
I would add "bet for fun and not for profit" I consider this the first golden rule. some time ago I also created a topic with tips for betting, you can read them here : https://bitcointalk.org/index.php?topic=1234109.msg12848315#msg12848315

Not all this advice is good, gambling is not trading, with trading you need to know how to read the chart but with gambling you need to rely on luck, one is chart reading and the other is pure luck.

People think they are good at gambling but don't know that it's pure luck, why is it that your wining is few and your losses are higher? This is the true definition of gambling.

Trading is way better than online gambling, losses is highly possible with trading but it can be avoided, and you will have positive results in trading than gambling, gambling is pure luck.

I dont know if it is better. These are two activities that requires a certain knowledge and an approach that I define as professional (of course to not waste time and/or money Roll Eyes )

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May 28, 2023, 01:06:27 PM
 #12

Good advice and all gamblers should be able to accept it because when we do it it will actually provide benefits so that we can understand more about gambling, even though implementing it will not reduce the losses that are obtained in gambling because gambling is not only about strategy but also luck and luck which is not can never be searched for anywhere except coming to ourselves.
For me, as long as we use money that we can afford to lose, other things are not so important because we will never try to chase losses because the money has already been allocated for gambling, so if I win, I will not be tempted to continue if it turns out that I have been playing for so long because you are making money is not the main goal of gambling that is done.
And a demo account is very helpful for those of us who don't have a budget but really want to play because at least it can reduce the feeling of wanting to gamble even though the pressure in playing through a demo account is different so that our adrenaline won't be racing while playing but it should be enough so we don't force it to keep playing by using money that should not be used for gambling.

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May 28, 2023, 01:11:48 PM
 #13

Shouldn't gambling be fun for the players, and on the other hand, profit for the owners? The majority who approach gambling (and by that I mean casino games) in such a way that they want to beat the house will not succeed regardless of the strategy.

It is a form of disguised gambling advertising, as there is no way to beat the house in casino games, no matter what strategy you use. Talking about perfecting a gambling strategy is a joke.

The most perfect strategy to win in a casino is to be the house, to be the owner or to be one of the owners or investors, and even then you have to take care of the business to avoid bankruptcy. That's the perfect strategy, the rest is just rubbish.
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May 28, 2023, 01:41:41 PM
 #14

So what do you think about the list of instructions stated by the article, are they good enough to keep a person to have an edge against the gambling platform?
In my understanding, gambling is like a driver, no matter how good a person's strategy they have in driving, they definitely have a god-level strategy/skill, if they have gone onto the road, they have to follow all the rules and conditions of the road while on the way, that's like someone risking everything in gambling.

The 11 styles that you mentioned and written in the article, indeed it is an obligation for someone who wants to bet on gambling, money, choices, focus and so on, all of that goes hand in hand with those who bet, if I'm not mistaken in understanding it, the 11 suggestions above cannot guarantee that they or we have a perfect strategy.

For me gambling is someone who wants to get good results and win, I think it doesn't escape from the experience they have, the more often they bet, the chance to improve their strategy is more perfect.

R


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May 28, 2023, 02:05:08 PM
 #15

So what do you think about the list of instructions stated by the article, are they good enough to keep a person to have an edge against the gambling platform?
To be fair, the last few are just what you need, mainly the ones that talk about spending only what you can lose, accepting losses, and stuff like that. The rest? Just there to make it seem like you can actually beat the system, which you can't. Well, you technically can, IF you were lucky, but who the hell can give you the guarantee that you are? But well, it is what it is, that's just how human mentality goes, especially in unexplained factors which involve luck.
Shouldn't gambling be fun for the players, and on the other hand, profit for the owners? The majority who approach gambling (and by that I mean casino games) in such a way that they want to beat the house will not succeed regardless of the strategy.

This is the right way but most of the gamblers especially on crypto casino is so greedy on profit due to the too much exposure on risk. Either on crypto volatility trding or gambling. Gambling should be done for fun but many of us use this as source of profit. Even I sometimes become greedy when I’m already soaked in the game even though my main purpose at start is just to have fun.
Ehh I mean, that's how I think. That's how you guys think. I don't reckon a lot of people think the same way as us do though. If they do, well then their actions don't match, and sad to say, actions speak louder. I mean I get it some games can have a "competitive edge" to it, but I don't think said edge involves fighting the company behind the game to win. Sadly a lot of people just don't get that.

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May 28, 2023, 02:38:07 PM
 #16

Shouldn't gambling be fun for the players, and on the other hand, profit for the owners? The majority who approach gambling (and by that I mean casino games) in such a way that they want to beat the house will not succeed regardless of the strategy.

It is a form of disguised gambling advertising, as there is no way to beat the house in casino games, no matter what strategy you use. Talking about perfecting a gambling strategy is a joke.

The most perfect strategy to win in a casino is to be the house, to be the owner or to be one of the owners or investors, and even then you have to take care of the business to avoid bankruptcy. That's the perfect strategy, the rest is just rubbish.

That's off-topic because that is not a gambling strategy. That's a business strategy which is not related to the subject matter. Being a house involves more risk because you are investing huge amount of money on bankroll, marketing and operating cost. Not all casino is successful on running their own casino especially now that the competition on gambling is very tough.

Running a casino is riskier than you thought and I will choose gambling over casino management since that needs a lot of commitment while gambling is just for entertainment. It's  easier to cope on gambling loss rather than business loss. smh

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May 28, 2023, 03:01:14 PM
 #17


The author is not even sure if what he wrote can provide a perfect strategy to a reader who wants to gamble.

Learn to accept loss. Really?  And then quit!
At first he give you a list of ideas that would make you hopeful at some point that you may hit big thru them but if it ain't a success. Just learn you lose and then stop?  Grin 


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May 28, 2023, 03:13:17 PM
Last edit: May 28, 2023, 06:18:05 PM by Gozie51
 #18


    • Put a limit to losses


    To put limit to losses may not work when we don't make budget on how much percentage will want to bet in a week or month. Having such strategy will help to create automatic limit of losses we want to incur. For example to set aside like 2% of our monthly earning to gamble for the month and when exhausted, then we should be done for that month.


    • Learn to accept losses


    Not many gamblers put this inside their bag of strategies. This is a strategy that works but people find it difficult to accept that they have a bad day which is turning them into losses and they keep playing especially addict because they want to chase back lost money. We have to understand that losses are part of gambling, the faster we understand it the greater time we have the opportunity for a come back.


    • Know when to quit.


    Yes this is very important to gambling or any thing else that is not positive to us. This strategy safe us bigger losses if we abide to it. Many of us to follow this, like I know someone that will bet all he has in a gambling house because he is losing but at the end, he won't have any money left with him and start begging for help on money to go back help which is a result of greed to chase money lost. Gamblers need to be wise and to understand some days are not good days. [/list]

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    May 28, 2023, 03:18:21 PM
     #19

    Thanks for reminding us once again. This is what happens normally when gambling though it has a not all the strategies listed there are well known to me specifically the number 4. I have not seeing in any of the sites I have visited. And not all the casinos have that 4 (Demo game).

    There are some casinos that as you just registered the next thing is to play the games. And there is no practice mode. Though probably some might have to know the way the game should be played. Well those strategies are enough to be on the track but some are correct. Yes any gambler that can't learn how to accept losses then he might face problem in the casino hall or in the site because he might not satisfied with the loss and that might escalate to argument and before you know quarrel and there exchange of words and abuse has started. So to avoid all those drama in the gambling process the gambler need to accept losses.









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    May 28, 2023, 03:29:27 PM
     #20

    I stumble on an article[1] while browsing the net and I think of sharing it here because I find it intriguing when it gives an instruction on perfecting one's gambling strategy.  To cut it short, here is the advice stated in that article:

    The article suggested that one should Develop a style and stick with it.  For those who do not know how the list below can give you a hint.
    • Choose a game
    • Create a logical system
    • Record the data of the bet
    • Try the demo of the game to practice
    • Do bankroll management
    • Make sure that you have enough money for gambling(play only what you can afford to lose)
    • Put a limit to losses
    • Listen to the advice of the winning pros
    • Focus on our bet
    • Learn to accept losses
    • Know when to quit.

    You can check the explanation on the link below



    Now, many of us think that there is no perfect strategy for gambling due to the fact that most gambling results are random and that we don't have any control over the result of our session.  I agree with that and I see the list above as minimizing losses and/or avoiding severe losses during our gambling activities. This might be a good suggestion to follow for those who have problems with their gambling losses.  I also think that the given instruction is far from being a perfect gambling strategy to win a session but it is good enough to follow to keep us from losing too much money.  

    The last two (10 and 11) on the list are the key to keeping us from chasing losses and being addicted to gambling.  I believe gambling isn't a simple matter and it needs a lot of preparation and understanding to avoid bad consequences, not saying, it also requires a lot of self-discipline to keep us in check.

    So what do you think about the list of instructions stated by the article, are they good enough to keep a person to have an edge against the gambling platform?


    [1] https://ftnnews.com/other-news/44458-how-to-perfect-your-gambling-strategy



    Some says there's no perfect strategy that may work on gambling since it matters all in luck or sometimes on skills but if we follow certain strategy we set just like what you show gambling became more entertaining to play. Although no strategy will work on long run but at least you became well discipline or practice to be it since you follow what you think that might help you.

    Anyways thanks for sharing it up since this thread is informative and worth to read.

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