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Author Topic: Gambling should be play with care  (Read 5425 times)
goldkingcoiner
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July 27, 2023, 06:11:46 PM
 #61

Although only few people got involved in thispoll, but with more people that comment, most of us on this forum are gambling responsibly.

Weekly gambling budget is good. I think it should not be more than 5% of your weekly income. If you gamble with just 5% out of 100%, I think that is a responsible gambling.

To avoid gambling addiction, it starts from using little budget.

I use a similar rule except that I use 10% of my disposable income. Not just income. After you take away the money for rent, food, taxes, and so on and you take away the money for savings you are left with some pocket money. What I do, usually, is take 10% of that for gambling and 90% goes into Bitcoin or other smart investments. But this only works if you have developed the necessary discipline. If I go against my own rule then I should not be surprised if I end up with nothing. And that can happen to anyone, since we are only human, so I see responsible gambling as something that sometimes goes wrong, but as long as you try to commit yourself to rules, you should be safe. Roll Eyes

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July 27, 2023, 06:16:43 PM
 #62

If we planned our gambling bet we should not be going crazy after when we have not meet up our target in gambling, what i expected every gambler is to make table of how much should be spend in gambling and how much should go investment, because money we loses in gambling continuously if we gather it together it will sum up to start a little business. I'm say play gamble with experience, don't use all you have for casino gambling
Unfortunately not all gamblers have a habit with money and will be able to keep record of what they use in gambling. No risk no reward has made many people who see gambling as a way to make money to use up heir last cash, forgetting to gamble with care. Gambling will teach every one who refuse to learn from the lesson of others, their own lesson. If any gambler who has heard about gambling with care choose to ignore and decide to keep gambling recklessly, they will have their own life lessons to learn.
Anything in life needs discipline. It is not only about setting a certain target or budget for your weekly or monthly gambling. But the main problem and challenge lies, if the gambler will be able to maintain that very budget. Sometimes the gambler could be lucky and have streaks of wins. It will entice The gambler to even exceed their budget. So that is why some gamblers do not actually stick to their weekly or monthly budget. Another aspect is when they lose so much, they will continue chasing their losses in order to regain their loses.

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July 27, 2023, 06:29:22 PM
 #63

^

In my opinion, past losses are chased either by beginners or those gamblers who have a gambling addiction. In the first case, everything is solved quite simply, with increasing experience, beginners realize that trying to win back is similar to trying to get back yesterday. In the second case, you need the help of specialists, because in most cases to get rid of gambling addiction on their own can not.

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July 27, 2023, 06:36:42 PM
 #64

Having a bit of a difficult time understanding exactly what you’re trying to say here due to your English, but I think I’ve got the overall gist of what you’re trying to get across.

There are statistics that can be found out there about what percentage of gamblers win vs lose and they have these for all sorts of different games and sports betting. But you’re right, only gamble what you can afford to lose.

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July 27, 2023, 07:10:53 PM
 #65

Unfortunately, people who need such advice would never listen to it or take it seriously, all they would care about is gambling and not doing a job or starting a business after saving up the money they are spending on gambling, and, the people who actually care about their future and the money they are spending on gambling wouldn't really need any advice since they already know and understand what they need to do with their money and their life.

Responsible gamblers would never spend more than what they have kept aside for their gambling activities because they know the importance of money and how difficult it is to earn it these days, but irresponsible gamblers wouldn't care at all, they will simply spend everything they get on gambling with the hope that they might earn a fortune out of it which never happens.

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July 27, 2023, 08:33:47 PM
 #66

so it's good for gamblers to know a specific amount that should go out in their wallet weekly or monthly.
It’s a good idea to have maybe daily, weekly or even monthly, so that you will be able to keep track on the amount you are spending on gambling. I don’t really have any specific amount I spend weekly or monthly, but whenever am exceeding my limit I do always control myself, I always know whenever am exceeding my limit.

what i expected every gambler is to make table of how much should be spend in gambling and how much should go investment, because money we loses in gambling continuously if we gather it together it will sum up to start a little business. I'm say play gamble with experience, don't use all you have for casino gambling
The only people that keep track on the amount they spend on gambling are the once that gamble just for fun or relaxation, but addicted gamblers don’t care about the amount they spend on gambling, you mentioned about investments or business, addicted gamblers prefer to gamble with their money than investing or running any business. We all have heard when addicted gamblers do sell their properties just to gamble, they sell their assets. If the amounts they have spent on gambling is being calculated, then it will have changed their life if they have invested it in other things.

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BitcoinPanther
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July 27, 2023, 08:38:11 PM
 #67

People don't have statistics to play gamble and that is why some of the gambling enthusiasm do experience (shege in gambling... meaning much loses in a gambling) so it's good for gamblers to know a specific amount that should go out in their wallet weekly or monthly.

I think we have history of bets on the gambling platform we play win and even there is statistics of winning amount and loses and at the same time the deposits and withdrawals made.  So if we learn that it can be seen on the gambling platform then players have access on his gambling statistics.


Quote
If we planned our gambling bet we should not be going crazy after when we have not meet up our target in gambling, what i expected every gambler is to make table of how much should be spend in gambling and how much should go investment, because money we loses in gambling continuously if we gather it together it will sum up to start a little business. I'm say play gamble with experience, don't use all you have for casino gambling


I greatly agree that we must plan our gambling engagement so that we have tracks of our activity in real time and know whether we are losing to much and decide to take a break.  We must also allocate a certain amount of our free money and not toss it on the gambling platform.  We must secure some funding in the future because we don't know when we'll be needing extra fund.
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July 27, 2023, 08:41:28 PM
 #68

People don't have statistics to play gamble and that is why some of the gambling enthusiasm do experience (shege in gambling... meaning much loses in a gambling) so it's good for gamblers to know a specific amount that should go out in their wallet weekly or monthly.

When you check the statistics of who is on constant gambling of different kind of gambling either casino, poker game and other gambling games, should check the funds that goes out of them monthly because of gambling and they funds they received in a month and annually in gambling if they are of the same amount.

If we planned our gambling bet we should not be going crazy after when we have not meet up our target in gambling, what i expected every gambler is to make table of how much should be spend in gambling and how much should go investment, because money we loses in gambling continuously if we gather it together it will sum up to start a little business. I'm say play gamble with experience, don't use all you have for casino gambling

I don't do the concept like you said, but it's a great suggestion for the community. personally, I have self-management with my gambling. I mean, I don't need to check statistics from time to time like you said. because, I'm just an ordinary gambler who plays just for fun regardless of winning or losing. because, for me winning is something that is mandatory and losing is something that is certain. for me, nothing is certain, I can gamble with a bankroll according to my needs, but usually I have a standard bankroll according to my version. even then, on the condition that I have met the basic needs that are my obligation as the head of the family. the rest, I will set aside for urgent needs. after the basic household needs are finished, I can have fun with the bankroll that I had previously set aside.

By the way, we agree with the theme of the title of this thread. that in truth, we must be careful in gambling. I have a tip, if someone who likes to gamble, don't always force your heart's will when you are in a bad situation. if we gamble with a purely luck-based type of gambling, don't force yourself to beat the system. because, it will end in disappointment even though we have made deposits many times. I mostly bet on sports, single bets are ideal. by having extensive knowledge and insight, we can minimize defeat. in fact, the potential to win the bet is very high compared to other types of bets. win or lose, it is part of the risk and something commonplace.

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July 27, 2023, 08:46:18 PM
 #69

People don't have statistics to play gamble and that is why some of the gambling enthusiasm do experience (shege in gambling... meaning much loses in a gambling) so it's good for gamblers to know a specific amount that should go out in their wallet weekly or monthly.
A gambler doesn't need to have his stats, it should be more losses than wins. That's why everyone must limit their budget for gambling and they must discipline (obey) with the budget limitation. A gambler can make a budget limitation daily, weekly, or monthly. I personally prefer to limit my funds daily, it is the most effective way to avoid gambling excessively. But I also limit the total amount of money to spend monthly, it should be under 5% of my monthly income.

To avoid gambling addiction, it starts from using little budget.
You're right. Limiting the funds is one of the preventive ways to avoid addiction. People who gamble with no limitation for the funds, probably have more chance to get addiction. And they also may be trapped in debt, they possibly get a loan when they have no longer money to spend in gambling. So, it is very important to have a specific amount of budget to spend daily, weekly, or monthly.


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July 27, 2023, 09:17:19 PM
 #70

People don't have statistics to play gamble and that is why some of the gambling enthusiasm do experience (shege in gambling... meaning much loses in a gambling) so it's good for gamblers to know a specific amount that should go out in their wallet weekly or monthly.

When you check the statistics of who is on constant gambling of different kind of gambling either casino, poker game and other gambling games, should check the funds that goes out of them monthly because of gambling and they funds they received in a month and annually in gambling if they are of the same amount.

If we planned our gambling bet we should not be going crazy after when we have not meet up our target in gambling, what i expected every gambler is to make table of how much should be spend in gambling and how much should go investment, because money we loses in gambling continuously if we gather it together it will sum up to start a little business. I'm say play gamble with experience, don't use all you have for casino gambling
Honestly, stats are just nifty know-whats in the grand scheme of things, it shouldn't be a baseline of how you play if ever you figure out a way to find out what your stats is, cause sometimes it may even urge you to play more which could cause you to subject yourself into gambling addiction just so you can neutralize your stats or increase them to make it look as if you're a great player. To me, what matters most is well, the bankroll that they are working with, and what plans/costing strategy they would use to make the whole stuff last without them depositing more money in the process. That's called discipline right there, and that is one of the most important things you should know as a gambler.

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July 27, 2023, 09:18:27 PM
 #71

Everyone likes the idea of striking it rich, but the harsh truth is that the house usually wins. The exhilaration of the game and the intoxication of the win can easily blind us to this reality...

Now, I'm all for self-control and planning. But isn't the element of surprise what makes gambling so exciting? If we start budgeting our bets, doesn't that take away a little from the spontaneity, the danger, the allure of it all?

Agreed, constant, reckless gambling is not advisable. But a little flexibility, a touch of risk, isn't that what makes it exciting? Let's play, but let's not forget - gambling should always be about fun first, profit second

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July 27, 2023, 09:29:14 PM
 #72

Having a bit of a difficult time understanding exactly what you’re trying to say here due to your English, but I think I’ve got the overall gist of what you’re trying to get across.

There are statistics that can be found out there about what percentage of gamblers win vs lose and they have these for all sorts of different games and sports betting. But you’re right, only gamble what you can afford to lose.
There’s a study yes but I believe the gamblers will not make any effort to understand it since their focus is to have fun and make some money even if the probability to win is low. Being responsible is hard if you’re too focus on the money side, this is gambling and those who gamble with greed usually ended up losing everything. If you want to have a better experience in gambling, then focus on what really matters to you.

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July 27, 2023, 09:31:00 PM
 #73

~snip~
If we planned our gambling bet we should not be going crazy after when we have not meet up our target in gambling, what i expected every gambler is to make table of how much should be spend in gambling and how much should go investment, because money we loses in gambling continuously if we gather it together it will sum up to start a little business. I'm say play gamble with experience, don't use all you have for casino gambling
^You don't experience this problem if you always think gambling is for fun not for chasing money.
Yes, avoid chasing losses and if you lose, resist the urge to try and recover your losses by betting more because it can lead to a dangerous cycle.
We should set limits as always to determine how much money and time we are willing to spend on gambling and stick to those limits, think always gambling should only be one of many activities in your life. Ensure you maintain a balanced and fulfilling lifestyle.
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July 27, 2023, 09:59:32 PM
 #74

People don't have statistics to play gamble and that is why some of the gambling enthusiasm do experience (shege in gambling... meaning much loses in a gambling) so it's good for gamblers to know a specific amount that should go out in their wallet weekly or monthly.

We often see people saying gamble responsibly in some of the existing threads so it's actually ingrained in most gamblers on this forum that they should be responsible for what they do and of course with something like this they must already know and have calculated how they put money in gambling.
Surely all have such limits, although indeed sometimes we occasionally cross the limits we have on some occasions but we at least do not make the mistakes that are made in gambling.

When we are already involved in gambling we should realize that we are adults and have responsibility for what we do so gamble accordingly and do not cross the limits that you have set. that way you will be able to gamble but not make you become addicted and your money does not disappear a lot because there is already a budget every week or month.

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July 27, 2023, 10:13:28 PM
 #75

People don't have statistics to play gamble and that is why some of the gambling enthusiasm do experience (shege in gambling... meaning much loses in a gambling) so it's good for gamblers to know a specific amount that should go out in their wallet weekly or monthly.

When you check the statistics of who is on constant gambling of different kind of gambling either casino, poker game and other gambling games, should check the funds that goes out of them monthly because of gambling and they funds they received in a month and annually in gambling if they are of the same amount.

If we planned our gambling bet we should not be going crazy after when we have not meet up our target in gambling, what i expected every gambler is to make table of how much should be spend in gambling and how much should go investment, because money we loses in gambling continuously if we gather it together it will sum up to start a little business. I'm say play gamble with experience, don't use all you have for casino gambling
Case to case basis actually because honestly im this kind of type on which im really that not really putting up some tallies about on how much i have spent already on gambling.I dont care if i do lost up that kind of allocation
 on which im not really that keeps on looking back with those amounts.As long those money is really that allocated with gambling and it isnt really that compromising my finances then it should really be just that fine.
If you are really that too caring about the spending you do have then it would really be your choice whether you would really be making out some tally or list on how much you do spend but this is really that something that
could cause for you to become that desperate on the time that you are seeing that you are really that making huge loss.This is why it would be better on having this way on which you wont really be making yourself
that been aware of those numbers so that you wont really be making yourself that desperate on taking back those losses which it would be most likely the case that would happen and something that should really be avoided in the first place.This is why it would really be just that better if you dont make out those kind of tracking with your spending but somehow there are really advantages on this one though.

R


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July 27, 2023, 10:14:36 PM
 #76



If we planned our gambling bet we should not be going crazy after when we have not meet up our target in gambling, what i expected every gambler is to make table of how much should be spend in gambling and how much should go investment, because money we loses in gambling continuously if we gather it together it will sum up to start a little business. I'm say play gamble with experience, don't use all you have for casino gambling

When it comes to gambling I am more carefree about the result or my goal, I don't need a list of my expenses because what's the use for, you allocate the amount you enjoy the game what will you achieve if you are going to know the exact amount you spent in gambling, just allocate 5% of your money, use it to treat yourself for a job well done or for any accomplishment you had for the week.
Treat casinos as entertainment places and allocate money knowing that it is not that a place to yield profit, once you do you are good to go.

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July 27, 2023, 10:17:10 PM
 #77

People don't have statistics to play gamble and that is why some of the gambling enthusiasm do experience (shege in gambling... meaning much loses in a gambling) so it's good for gamblers to know a specific amount that should go out in their wallet weekly or monthly.
That's why money management is important in gambling apart from emotion and risk management. We must really have the ability to manage our money in gambling, because if not, we will be out of control in spending money for gambling, sometimes it can even drain our finances or savings when we really can't afford it. From this money or fund management, we can have several benefits. Not only to control the outflow of money but also to evaluate our gambling activities. How much we spend, how much we earn. what is the comparison ratio in a certain period of time, is it worth it or not. Is the strategy we are using good enough and how can we get better at gambling. These are connected to each other.

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July 27, 2023, 10:22:11 PM
 #78

snip

If we planned our gambling bet we should not be going crazy after when we have not meet up our target in gambling, what i expected every gambler is to make table of how much should be spend in gambling and how much should go investment, because money we loses in gambling continuously if we gather it together it will sum up to start a little business. I'm say play gamble with experience, don't use all you have for casino gambling
when we don't have good money management skills, we will have difficulties in any way, including when we gamble, gambling cannot be arbitrary, gambling must be full of calculations, small mistakes will make us lose money.  but i'm sure many gamblers don't care about this, they gamble without calculation and not even a few become gambling addicts,

the following are things (based on an article i read) that all gamblers must pay attention to so they don't lose money;

Quote
  • Don't Gamble on Emotions
  • Don't Use Borrowed Money
  • Understand the Game
  • Set Spending Limits
  • Gambling should be considered as a form of entertainment alone
  • Gambling should not be used as a source of income or a way to solve financial problems
  • Recognize the Signs of Addiction
  • Use a Self-Control Program
  • Prioritize Other Activities

it is also important for us to keep an eye on and remind friends or those around us who gamble very often on the things above, a concern can save many individuals.

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July 27, 2023, 10:26:12 PM
 #79



If we planned our gambling bet we should not be going crazy after when we have not meet up our target in gambling, what i expected every gambler is to make table of how much should be spend in gambling and how much should go investment, because money we loses in gambling continuously if we gather it together it will sum up to start a little business. I'm say play gamble with experience, don't use all you have for casino gambling

When it comes to gambling I am more carefree about the result or my goal, I don't need a list of my expenses because what's the use for, you allocate the amount you enjoy the game what will you achieve if you are going to know the exact amount you spent in gambling, just allocate 5% of your money, use it to treat yourself for a job well done or for any accomplishment you had for the week.
Treat casinos as entertainment places and allocate money knowing that it is not that a place to yield profit, once you do you are good to go.
A very healthy and commendable mindset, if only every gambler see gambling just the way you have explained above, hardly are there going to be issues like being addicted to gambling, or someone stealing their uncles money because they want to continue to fuel their gambling activity, or worst of all, somebody committing suicide because he or she lost a very huge amount of money to gambling, and that money was money the person never prepaid to loss.

Anyways, it is commonly said that as our faces are different, so it our heart desires, everyone have their reason and motive as to why they gamble, its a free world after all and every one is always free to make their choices, but still unfortunate that some people still make choices that end up destroying them, and sometimes, even those around them, like family members.

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July 27, 2023, 11:25:45 PM
 #80

People who gamble don't need to have exact figures plastered everywhere in order for them to gamble more responsibly. I think most already have a sense of how much they are only allowed to lose, or allowed to gamble with at any given point in time. Usually, the exact figures recommended by people aren't really followed. Almost all will surely go beyond that figure, and that's them being careful already.

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