Healthy mindset to save earnings from gambling

[kamvreto]

Gambling is a risky activity. Gambling again with money won in gambling leads to potential losses. After all, making money in gambling is based on luck. When luck gives us an opportunity, we should use it well. So when we win money in gambling, we must act rationally and protect the money. Otherwise, if we lose the money we earn in gambling, we will enter a vicious circle. If we cannot get rid of vicious circles, we should not hesitate to seek professional help. Gambling addiction is a common problem experienced by many people.

Professional help? will people care when you are addicted to gambling and will anyone find out. I see people who are gambling addicts don't open any conversation about gambling, some of them are introverts.
Winning the jackpot at gambling is luck that will not come twice. if forced to continue gambling then they will lose it all. gambling will take all the winning money and only regret will be left.

[dothebeats]

I always believe that luck in gambling will not come again and again, when I am lucky to get a big win I will not let the winning money be in my account, I will immediately withdraw it then invest in stocks or crypto expecting long term profits outside the gambling platform, we are not will never control ourselves in managing finances if we often splurge.

This is one of the first mistakes, actually. Investing directly on things people do not completely understand. I would first seek the help of a financial advisor if I were you, then take the time to study some of the investments that are readily available to me before I make the decision. I do understand that a lot of us here will readily invest in cryptocurrency at any given time if we have the money. But with huge amounts? It's better to take our time before we click the button and spend something on potential bags that we will hold for a long time.

I'm ambitious being and making more money keeps ringing in my head, I'm not bluffing or trying to say this to make anyone feel better, most of us don't know how to handle and spend money, when it's available, that's the moment we start spending unnecessarily and even go further in buying stuffs that are not important, only to go broke and find out that we need to work, that's the moment we fall back to gambling, and trust me when I say, it's a wrong path. We've been brainwashed into believing that the money system will collapse if we don't look for several sources of it or rely on one source that is completely out of line. Our funds will continue to deplete because we just depend on a single source of income.

Exactly. Most people, when they have access to money, they'd buy things that 'they think' they need, when in fact it's the opposite. The consumerism mindset has been etched deep into our minds that we think everything that we see, we need. Good on you for recognizing that there is a possibility that our funds will eventually go to zero if we spend incessantly and carelessly. Not a lot of people, especially those who are new to having lots of money, know this and recognize it early on.

[Cookdata]

-snip-

I don't understand the context of rich mindset and been a rich person. I can chose to be a rich person and chose to spend less and people will see it as been stingy type of person or don't want to spend and see me as broke buy if it's the life I have chosen, nobody can define it for me because I own it and set the standard for myself.

 Let's put it in gambling context, the only thing that push people do things out of there limit is greed, it let them have unsatisfied mindset and gamble out of their limits, this is why they always go back to nothing. Gambling should be concise and fun, I can't imagine someone spending an entire 24 hours gambling and expect to make wealth from it, such people end up been addicted and play pity card to attract attention but believe me they always go back even they are save from such bad habits of fun.

[SOKO-DEKE]

I don't see gambling as a way of getting rich because it is a chance of luck. So many people who do win huge amounts of money from bets did not always have plans for it because it came as a surprise, and any money we don't have plans for we easily just spend it anyhow, thinking we will get another one. I believe that any person that is gambling is doing it with the aim of making money from it, and with that, some will hardly quit  if it was able to win a big amount of money, because it  thinking will always be that you will continue to be winning, which is not possible,so people continue losing because of their mentality of winning another day.if someone have mindset of becoming rich, I don't think it can happen through gambling because gambling is all about lucky.

[Die_empty]

Gambling is a risky activity. Gambling again with money won in gambling leads to potential losses. After all, making money in gambling is based on luck. When luck gives us an opportunity, we should use it well. So when we win money in gambling, we must act rationally and protect the money. Otherwise, if we lose the money we earn in gambling, we will enter a vicious circle. If we cannot get rid of vicious circles, we should not hesitate to seek professional help. Gambling addiction is a common problem experienced by many people.

Most gamblers don't have any plan on how to use big wins. I wouldn't also blame them because winning big most times solely depends on luck. But the biggest mistake some of them make is to still gamble with almost all the money they won. This might not necessarily means that the gambler has a poor mindset but he has a greedy mindset. I know someone that won millions in my local currency and gambled off the money within a few hours because he thought he would still win a bigger sum.

Gamblers should have an investment mentality. Even when you might be unable to figure out immediately where you can invest a big win, the ability to control yourself not to gamble the big win is very important. It will also be ideal for gamblers to be knowledgeable on profitable investments so that wins could be maximized. But living a flamboyant lifestyle and increasing our stake because of a big win is what I see as a poverty mentality. Big wins should be invested in or used to solve a basic need. If I win big, my first need will be to build a house for my family because this is my basic need for now.

[BitcoinGirl.Club]

Its a matter of common sense and being wary about on the actions you've been doing.If you do treat up gambling as a form of entertainment and wouldn't really be chasing up about on getting rich
then for sure you would not find yourself putting on big trouble towards gambling because you have done it the right way and treatment on it.

For the record, gambling is a pure entertainment for me. The day I am bored, I have no work, my girl is not around, no football on Tele, wife is not around, in short not a productive day; I deposit some money in a gambling site. Then I place random bets, open the live update website [whichever is available] and enjoy the moments. Stressful when bet is losing, but enjoyable when bet is winning. If I am able to make any profit then after few hours I am withdrawing all and when the day is bad then losing all deposits before I sign out from the system.

I used to be a gambling addict but that was over a decade ago.

[Fatunad]

Its a matter of common sense and being wary about on the actions you've been doing.If you do treat up gambling as a form of entertainment and wouldn't really be chasing up about on getting rich
then for sure you would not find yourself putting on big trouble towards gambling because you have done it the right way and treatment on it.

For the record, gambling is a pure entertainment for me. The day I am bored, I have no work, my girl is not around, no football on Tele, wife is not around, in short not a productive day; I deposit some money in a gambling site. Then I place random bets, open the live update website [whichever is available] and enjoy the moments. Stressful when bet is losing, but enjoyable when bet is winning. If I am able to make any profit then after few hours I am withdrawing all and when the day is bad then losing all deposits before I sign out from the system.

I used to be a gambling addict but that was over a decade ago.

It should be but people do really take the other way around on which its not really that something suggestable for you to take gambling the other way around other than leisure and entertainment. On the time that you would be playing, then you wouldnt really be minding about investment or savings or something that in correlated because on the time that you do gamble, then those funds are considered to be lost completely.
If you are lucky enough then you might be able to make it grow or make winning which it would really be that great but we know the odds and chances are slim on being successful or being a winner on gambling space.

[ralle14]

Usually, people who win in gambling but not able to cash out or save their winnings and I think this has something to do with a Healthy mindset.
If you do not have the intention to save the wealth, you will lose all your winnings by risking them again in another gambling bet.

Only a mentally strong person who has control over emotions and have money management skills would be the real winner here and will become rich eventually.

That same healthy mindset needs to be applied outside gambling as well because I remember watching a documentary about a lucky lottery winner, and it only took them at least a year to lose everything they've won from the lottery. In their case, they unnecessarily spent their winnings on luxury stuff and only started worrying about their finances once they've used all of it. Instead of hoping to become rich one day, we should strive to be financially stable.

[Gozie51]

Usually, people who win in gambling but not able to cash out or save their winnings and I think this has something to do with a Healthy mindset.
If you do not have the intention to save the wealth, you will lose all your winnings by risking them again in another gambling bet.

Only a mentally strong person who has control over emotions and have money management skills would be the real winner here and will become rich eventually.

That same healthy mindset needs to be applied outside gambling as well because I remember watching a documentary about a lucky lottery winner, and it only took them at least a year to lose everything they've won from the lottery. In their case, they unnecessarily spent their winnings on luxury stuff and only started worrying about their finances once they've used all of it. Instead of hoping to become rich one day, we should strive to be financially stable.

It is only a few bettors who have won huge money that they ought to have used to be reasonable and build multiple investment and become financially stable that have taken that opportunity. Usually bettors believe that if they are able to win today then they will also win the next day or in the future but unfortunately they are not learning from people who have won in the past because it is not usually that possible. I don't know how true the usual saying that opportunity comes but once is but I have seen big winners who were suppose to turn their destiny around but today they are back in the street after lavishing very huge jackpot winnings.

[michellee]

Usually, people who win in gambling but not able to cash out or save their winnings and I think this has something to do with a Healthy mindset.
If you do not have the intention to save the wealth, you will lose all your winnings by risking them again in another gambling bet.

Only a mentally strong person who has control over emotions and have money management skills would be the real winner here and will become rich eventually.

That same healthy mindset needs to be applied outside gambling as well because I remember watching a documentary about a lucky lottery winner, and it only took them at least a year to lose everything they've won from the lottery. In their case, they unnecessarily spent their winnings on luxury stuff and only started worrying about their finances once they've used all of it. Instead of hoping to become rich one day, we should strive to be financially stable.

That's because they feel they now have so much money they can spend on things they don't need. Instead of saving their money or buying assets that could be useful in the future, they spend it on things that aren't important so they don't think about their future.

They need to learn about financial management to know what is important and fun so they don't spend their money just to satisfy their desires. And again, this is a real example for us where we have to be able to prevent it so that when we win and win a lot of money, we can arrange the winning money for things we need in the future.

Preparing for the future is important to survive situations that may change drastically. Not only for us to survive but for our families as well. So with that big winning money, we can prepare everything from now on.

[shogun47]

Usually, people who win in gambling but not able to cash out or save their winnings and I think this has something to do with a Healthy mindset.
If you do not have the intention to save the wealth, you will lose all your winnings by risking them again in another gambling bet.

Only a mentally strong person who has control over emotions and have money management skills would be the real winner here and will become rich eventually.

That same healthy mindset needs to be applied outside gambling as well because I remember watching a documentary about a lucky lottery winner, and it only took them at least a year to lose everything they've won from the lottery. In their case, they unnecessarily spent their winnings on luxury stuff and only started worrying about their finances once they've used all of it. Instead of hoping to become rich one day, we should strive to be financially stable.

Yes there are also a couple of websites describing examples of lottery winners who flushed their money down the toilet within a blink of an eye. There are all kinds of amounts from a million to tens of millions of dollars being wasted in no time. But it has been said here that it is a question of character as well, the general attitude towards money and whether someone has control over the situation or not. Or even better, not the uncontrollable desire to spend money on useless things in the first place. Tens of millions sounds like a lot, but when somebody really wants to spend it within a day, it is of course possible. Buy a yacht and get broke within minutes.

[slapper]

Gambling is a risky activity. Gambling again with money won in gambling leads to potential losses. After all, making money in gambling is based on luck. When luck gives us an opportunity, we should use it well. So when we win money in gambling, we must act rationally and protect the money. Otherwise, if we lose the money we earn in gambling, we will enter a vicious circle. If we cannot get rid of vicious circles, we should not hesitate to seek professional help. Gambling addiction is a common problem experienced by many people.

Most gamblers don't have any plan on how to use big wins. I wouldn't also blame them because winning big most times solely depends on luck. But the biggest mistake some of them make is to still gamble with almost all the money they won. This might not necessarily means that the gambler has a poor mindset but he has a greedy mindset. I know someone that won millions in my local currency and gambled off the money within a few hours because he thought he would still win a bigger sum.

Gamblers should have an investment mentality. Even when you might be unable to figure out immediately where you can invest a big win, the ability to control yourself not to gamble the big win is very important. It will also be ideal for gamblers to be knowledgeable on profitable investments so that wins could be maximized. But living a flamboyant lifestyle and increasing our stake because of a big win is what I see as a poverty mentality. Big wins should be invested in or used to solve a basic need. If I win big, my first need will be to build a house for my family because this is my basic need for now.

Your perspective is fair - unregulated big wins can lead to big losses, especially when greed outweighs rationality. However, by blaming greed, you ignore other possible causes. The 'Gambler's fallacy' is a psychological term for a gambler's irrational behavior after winning. They "ride the wave" and drown because they think a win means a winning streak. Investment makes sense and should be promoted. Why don't gamblers invest? Financial illiteracy? Finally, your statement about 'poor mentality' and significant successes sounds generic. Can a gambler win large and spend lavishly while making smart financial decisions? Big victories should be invested in or used for fundamental requirements seems to limit individual choice. Your idea to house your family after winning is admirable.

[coinerer]

Usually, people who win in gambling but not able to cash out or save their winnings and I think this has something to do with a Healthy mindset.
If you do not have the intention to save the wealth, you will lose all your winnings by risking them again in another gambling bet.

Only a mentally strong person who has control over emotions and have money management skills would be the real winner here and will become rich eventually.

That same healthy mindset needs to be applied outside gambling as well because I remember watching a documentary about a lucky lottery winner, and it only took them at least a year to lose everything they've won from the lottery. In their case, they unnecessarily spent their winnings on luxury stuff and only started worrying about their finances once they've used all of it. Instead of hoping to become rich one day, we should strive to be financially stable.

A healthy mindset cannot be effective in winning the lottery because no one has any strategy to win the lottery or any strategy does not work here. But in any other sector of gambling, a healthy mindset can work very well.  And a gambler with his healthy mindset can win casino with good strategy, and most times win from sports bet. So it is true and I agree that a healthy mindset can bring success to a gambler.  and it can prevent you losing your momey by panic gambling

[Hispo]

Usually, people who win in gambling but not able to cash out or save their winnings and I think this has something to do with a Healthy mindset.
If you do not have the intention to save the wealth, you will lose all your winnings by risking them again in another gambling bet.

Only a mentally strong person who has control over emotions and have money management skills would be the real winner here and will become rich eventually.

That same healthy mindset needs to be applied outside gambling as well because I remember watching a documentary about a lucky lottery winner, and it only took them at least a year to lose everything they've won from the lottery. In their case, they unnecessarily spent their winnings on luxury stuff and only started worrying about their finances once they've used all of it. Instead of hoping to become rich one day, we should strive to be financially stable.

A healthy mindset cannot be effective in winning the lottery because no one has any strategy to win the lottery or any strategy does not work here. But in any other sector of gambling, a healthy mindset can work very well.  And a gambler with his healthy mindset can win casino with good strategy, and most times win from sports bet. So it is true and I agree that a healthy mindset can bring success to a gambler.  and it can prevent you losing your momey by panic gambling

To be honest, I feel that the concept of having a healthy mindset applies more on trading than gambling. The term panic gambling is something I had never heard before, but I have heard about panic selling (while trading). While wagering one's money, the best case scenario while rolling dices or playing slots is that one can take the losses in a proper way and not to chase them.

If one is lucky while having a good mindset, one is supposed to realize that it was just luck, not the mindset itself.

[YOSHIE]

Only a mentally strong person who has control over emotions and have money management skills would be the real winner here and will become rich eventually.

To be honest, I have enjoyed winning gambling money with a fair amount, but I have never thought of gambling money as healthy money or made into a pattern in the healthy category, I think gambling winning money can only be spent for fun, as I think gambling is only for fun.

My soul is contrary to the results of gambling money and I think it is not real wealth for me, as I easily win it so I easily get it out, on the other hand my victory is not a benchmark for the source of wealth, Even though I have thousands of dollars, it is not a good idea for me to consider gambling money as health and wealth for me, let alone make it my life money.

[goldkingcoiner]

Mentality alone is not going to make you rich. It could help you become motivated to try to become rich but in the end what makes a person rich is pure luck. You could open 100 businesses and they could all flop, not because the product you are selling has no market but because you opened your business at the wrong time or in the wrong place. On the other hand, some guy who did absolutely no market research and just decided to sell something might have met an Influencer, who made his business very famous and he gets rich overnight.

I think we should all be happy with what we have, and not see money-making as the ultimate goal of our lives. I am sure that every old billionaire in the world regrets not having lived his/her life differently and only having used their life's time to make money.

As I see it, a healthy mindset is important to live a happy life. Getting rich is just a bonus.

[Webetcoins]

It's not really only about having a rich or healthy mindset but it is also about discipline and self-control. A person with a rich mindset might also have a hasty nature which makes him take decisions without giving them much thought which ends up putting him in situations that cause him losses. So, the very first thing in a person, whether they have a rich or poor mindset, to be able to achieve that in gambling is to have self-control and the ability to be disciplined.

Someone who doesn't have these things will barely be able to get any success in gambling even if they are winning, because as you said, they will eventually lose everything back because they won't stop after winning as greed makes them gamble more only with the hope that they might win even more with it.

[bitzizzix]

Only a mentally strong person who has control over emotions and have money management skills would be the real winner here and will become rich eventually.

To be honest, I have enjoyed winning gambling money with a fair amount, but I have never thought of gambling money as healthy money or made into a pattern in the healthy category, I think gambling winning money can only be spent for fun, as I think gambling is only for fun.

My soul is contrary to the results of gambling money and I think it is not real wealth for me, as I easily win it so I easily get it out, on the other hand my victory is not a benchmark for the source of wealth, Even though I have thousands of dollars, it is not a good idea for me to consider gambling money as health and wealth for me, let alone make it my life money.

I also don't think that winning money from gambling is healthy money because I don't think the way to earn it is halal. And I know that in my religion gambling is haram, so winnings from gambling can be categorized as unhealthy or haram money.
and what I really feel is, whatever money I win from gambling is gone in an instant, which sometimes makes me wonder where the money went. So I thought that even if I could get rich from gambling wins, it would be very easy to become poor again. Even if the money is used for business or investment, the results will not be as expected and will not last long.
So it's better to gamble for fun and if you are lucky and win money then also use it for fun and with that we get double pleasure.

[swogerino]

It's not really only about having a rich or healthy mindset but it is also about discipline and self-control. A person with a rich mindset might also have a hasty nature which makes him take decisions without giving them much thought which ends up putting him in situations that cause him losses. So, the very first thing in a person, whether they have a rich or poor mindset, to be able to achieve that in gambling is to have self-control and the ability to be disciplined.

Someone who doesn't have these things will barely be able to get any success in gambling even if they are winning, because as you said, they will eventually lose everything back because they won't stop after winning as greed makes them gamble more only with the hope that they might win even more with it.

Greed is difficult to fight as it is deep in our roots since many centuries ago and is deep in our DNA.You can't change something that is programmed to behave like it does,therefore even a healthy mindset may be victim of a moment where greed prevails over the brain and the gambler follows his instinct clearly in a damaging way for him as greed usually cause us to lose a lot of money.

This to say that a healthy mindset is not enough if we have not trained ourselves very well in self control and self discipline,the healthy mindset cannot keep you at winning ways,discipline does as it dictates us to stop no matter greed may be yelling gooooooooo.

[xSkylarx]

Usually, people who win in gambling but not able to cash out or save their winnings and I think this has something to do with a Healthy mindset.
If you do not have the intention to save the wealth, you will lose all your winnings by risking them again in another gambling bet.

Only a mentally strong person who has control over emotions and have money management skills would be the real winner here and will become rich eventually.

That same healthy mindset needs to be applied outside gambling as well because I remember watching a documentary about a lucky lottery winner, and it only took them at least a year to lose everything they've won from the lottery. In their case, they unnecessarily spent their winnings on luxury stuff and only started worrying about their finances once they've used all of it. Instead of hoping to become rich one day, we should strive to be financially stable.

A healthy mindset cannot be effective in winning the lottery because no one has any strategy to win the lottery or any strategy does not work here. But in any other sector of gambling, a healthy mindset can work very well.  And a gambler with his healthy mindset can win casino with good strategy, and most times win from sports bet. So it is true and I agree that a healthy mindset can bring success to a gambler.  and it can prevent you losing your momey by panic gambling

A healthy mindset could be applied to all aspects, whether gambling or not. Let's say in the lottery, if you write the wrong number or put the wrong combination of numbers because you are too stressed or overthinking something, then the number result should be the number that you should be betting on, and you'll lose the winning or, let's say, be unlucky, but the root cause is not being in a good mental state. Anything that we do or actions involving it, but again, there are different definitions of success in gambling; others will say if they have a good time even losing, then it would be success; it is not only about winning.