Winning Wisely: Strategies to Protect Your Bankroll

[BenCodie]

It should be noted that when you win a large amount of money, you should stop being a responsible gambler. But what happens often is not like that; instead of stopping as they should, they find it even more enjoyable to continue gambling even more.

Why stop to being a responsible gambler if one is winning a larger amount of money?  Should they instead implement more responsible gambling so that they won't get trapped in aiming large winnings that can result in a huge loss?  Gamblers don't need to stop when they experience big wins, instead, they can just moderate their gambling activities so that they won't exhaust their winnings easily.

I think he misworded. Not to correct bettercrypto for him or speak on his behalf, though I think what he was trying to say was "you should stop gambling and be a responsible gambler". It would make much more sense with the context.

This can also be a problem for most gamblers. They don't know how to control and restrain themselves, so they often lose in the end. A win that should have turned into a loss.

There, fixed it for you, anyway it is indeed a problem for most gamblers to have self-discipline resulting in gambling addiction and this uncontrolled urge to gamble can cost them their wealth, health and freedom if they commit crimes to fund their gambling activities.

So with this in mind (especially the criminality aspect you have highlighted) I ask, do you think
- The world would be better off without gambling?
- BitcoinTalk would be better off without gambling?

Only asking, not activating/protesting with these questions

[letteredhub]

I only know one thing for a gambler to play wisely: when he wins between $30 and $50, maybe it's a warning to stop; don't try to continue, because what frequently happens to those who continue even after winning is that they finally lose. Numerous gamblers have experienced this numerous times.

There times I stop  from continually gambling for the day immediately I make my first win irrespective of the amount won I'll just stop never try to continue with another bet and adjoin my gambling to the next day and each periods I do so it aids me in prolonging the time frame for my bankroll before it could get exhausted. Sometimes gamblers should be wise to discontinue with gambling for the day if they just got a win either at their first bet or made a win after been subjected to a few losses. The wisdom there is that you don't go home with an exhausted pocket or a completely emptied account. You still have a sum left to start with the next day.

It's good if you can stop after getting your first win. That can remind us to realize that we won't be able to win too often. We must be able to stop after winning whatever the amount. And if they continue gambling, they may lose again, which could be a big loss that will cost them all their money. Moreover, we know that gambling will not give us easy wins, so we must be aware of it. It's a good idea not to go home empty-handed because when we've managed to win some money, we've managed to get it, and it's time for us to go home.

But to be very honest It's not that easy ending the gambling just like that for that very day, it really demands great discipline to usually stick to the idea as there are occasions I get carried away by my own enthusiasm in the game and snob the thought of stopping since I have managed to get  a win.  It's as if I turn out to become my own obstacle to my subscribed idea. Lol.  Nevertheless, if we're able to keep to standards we have created  to guide our conduct, behavior and decisions on how we would handle our gambling life it will earn us a healthy gambling lifestyle.

[GiftedMAN]

I only know one thing for a gambler to play wisely: when he wins between $30 and $50, maybe it's a warning to stop; don't try to continue, because what frequently happens to those who continue even after winning is that they finally lose. Numerous gamblers have experienced this numerous times.

There times I stop  from continually gambling for the day immediately I make my first win irrespective of the amount won I'll just stop never try to continue with another bet and adjoin my gambling to the next day and each periods I do so it aids me in prolonging the time frame for my bankroll before it could get exhausted. Sometimes gamblers should be wise to discontinue with gambling for the day if they just got a win either at their first bet or made a win after been subjected to a few losses. The wisdom there is that you don't go home with an exhausted pocket or a completely emptied account. You still have a sum left to start with the next day.

It's good if you can stop after getting your first win. That can remind us to realize that we won't be able to win too often. We must be able to stop after winning whatever the amount. And if they continue gambling, they may lose again, which could be a big loss that will cost them all their money. Moreover, we know that gambling will not give us easy wins, so we must be aware of it. It's a good idea not to go home empty-handed because when we've managed to win some money, we've managed to get it, and it's time for us to go home.

But to be very honest It's not that easy ending the gambling just like that for that very day, it really demands great discipline to usually stick to the idea as there are occasions I get carried away by my own enthusiasm in the game and snob the thought of stopping since I have managed to get  a win.  It's as if I turn out to become my own obstacle to my subscribed idea. Lol.  Nevertheless, if we're able to keep to standards we have created  to guide our conduct, behavior and decisions on how we would handle our gambling life it will earn us a healthy gambling lifestyle.

One thing I have noticed about gambling is that when you finally make a winning, there will be different thought in you whether to continue gambling to earn more or stop and go home. Sometimes we might think that the amount we have won is not good enough since we might have make loses in other bets and the winning we have might not be sufficient when we make substraction from it.

This is how greed comes in and we can as well end up losing that profit we had made because we do not have a good financial discipline to help us and guide us through unnecessary mistakes like this. It is good we have a plan which is going to guide us through our gambling journey.

[Rabata]

Act promptly if your emotions start influencing your decisions. Both excessive fear and greed pose significant risks.

The mentioned points can play a good role for a gambler to win if a gambler is able to understand them well. A gambler when gambling naturally forgets these things even though he knows them and that's when disaster strikes. Pursuing loss is a big problem for gamblers. The faster a gambler tries to recover his losses, the faster he will lose all his money. If the gambler can give himself an occasional break from gambling, he can continue to reduce his risk of gambling. Although gambling win or lose depends on luck. However, those who can handle gambling naturally by keeping the above points in mind will reduce the chance of loss. Being overconfident refers positive and negative aspects. The gambler must observe these things well.

[masulum]

Martingale is dangerous because it requires a significant bankroll to keep you going in case of a series of losses in a row. If you aren't lucky, you'll have to give up and leave empty-handed even if you bet on something where the odds are close to 50/50 like Odd/Even on roulette. Another danger is that the next time you have to double the money to continue the streak, it will be an amount that exceeds the casino's maximum betting limit. 

That's right, Martingale can be a boomerang for gamblers who don't calculate it well. Because, basically, any game is based on luck even though it can be seen through analysis. For example, using the martingale method to bet on football matches, may have better effectiveness than other types of gambling. Because, the team we choose to bet on has a greater chance of winning the match, and we at least have a greater possibility of making a profit. But, back to luck, if the big team we choose, turns out to lose against a small team, we will experience a double loss. Maintaining the martingale method may no longer be the solution for the next bet, because our bet will be 4x bigger than the initial bet.

[Eureka_07]

<snip>
That's right, Martingale can be a boomerang for gamblers who don't calculate it well. Because, basically, any game is based on luck even though it can be seen through analysis. For example, using the martingale method to bet on football matches, may have better effectiveness than other types of gambling. Because, the team we choose to bet on has a greater chance of winning the match, and we at least have a greater possibility of making a profit. But, back to luck, if the big team we choose, turns out to lose against a small team, we will experience a double loss. Maintaining the martingale method may no longer be the solution for the next bet, because our bet will be 4x bigger than the initial bet.

I do not agree that using the martiangle technique is more effective in sports betting, specifically in football. Mind that this technique does not guarantee the win. The house edge should also be considered.
Using martiangle on sports betting would be a slow process as of the game's nature. On the other hand it will be quick on casino games.

This technique requires big bankroll, so the balance should also be considered before executing such technique.

[Hirose UK]

I only know one thing for a gambler to play wisely: when he wins between $30 and $50, maybe it's a warning to stop; don't try to continue, because what frequently happens to those who continue even after winning is that they finally lose. Numerous gamblers have experienced this numerous times.

There times I stop  from continually gambling for the day immediately I make my first win irrespective of the amount won I'll just stop never try to continue with another bet and adjoin my gambling to the next day and each periods I do so it aids me in prolonging the time frame for my bankroll before it could get exhausted. Sometimes gamblers should be wise to discontinue with gambling for the day if they just got a win either at their first bet or made a win after been subjected to a few losses. The wisdom there is that you don't go home with an exhausted pocket or a completely emptied account. You still have a sum left to start with the next day.

It's good if you can stop after getting your first win. That can remind us to realize that we won't be able to win too often. We must be able to stop after winning whatever the amount. And if they continue gambling, they may lose again, which could be a big loss that will cost them all their money. Moreover, we know that gambling will not give us easy wins, so we must be aware of it. It's a good idea not to go home empty-handed because when we've managed to win some money, we've managed to get it, and it's time for us to go home.

But to be very honest It's not that easy ending the gambling just like that for that very day, it really demands great discipline to usually stick to the idea as there are occasions I get carried away by my own enthusiasm in the game and snob the thought of stopping since I have managed to get  a win.  It's as if I turn out to become my own obstacle to my subscribed idea. Lol.  Nevertheless, if we're able to keep to standards we have created  to guide our conduct, behavior and decisions on how we would handle our gambling life it will earn us a healthy gambling lifestyle.

Of course because every gambler always feels challenged to be able to have bigger win or is even too confident that after getting that first win he will also be able to get an even bigger one so it will be difficult to leave gambling.
I think almost all gamblers have experienced something like this and they have also done the same thing several times even though they have experience and awareness that there will be defeat in front of their eyes waiting if they don't stop immediately.
Talking about stopping and leaving may be very easy because this is just theory but when faced with conditions like that anyone can get carried away by the atmosphere and forget the word stop before actually experiencing the loss of excessive amounts of money.

[DabsPoorVersion]

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Of course because every gambler always feels challenged to be able to have bigger win or is even too confident that after getting that first win he will also be able to get an even bigger one so it will be difficult to leave gambling.
I think almost all gamblers have experienced something like this and they have also done the same thing several times even though they have experience and awareness that there will be defeat in front of their eyes waiting if they don't stop immediately.
Talking about stopping and leaving may be very easy because this is just theory but when faced with conditions like that anyone can get carried away by the atmosphere and forget the word stop before actually experiencing the loss of excessive amounts of money.

Or simply say, the adrenaline rush in our body releases. It is indeed hard to stop when you're in that state, The feeling of being focused and confident on each move you make which gives the gambler more hope to keep going on and win. To be able to stop, a gambler should do first is to clear his mind and get some fresh air. This helps him to be calm and to decide whether to continue or stop and take his winning.

Stopping in the middle of gambling can be easy if you know your priorities. Once you won a certain amount, and you know it's time to stop, then stop immediately. Don't keep going and hope for more winning, don't be greedy and be proud to yourself that you at least won instead of losing. If you keep going, you might lose instead.

[Ben Barubal]

I only know one thing for a gambler to play wisely: when he wins between $30 and $50, maybe it's a warning to stop; don't try to continue, because what frequently happens to those who continue even after winning is that they finally lose. Numerous gamblers have experienced this numerous times.

There times I stop  from continually gambling for the day immediately I make my first win irrespective of the amount won I'll just stop never try to continue with another bet and adjoin my gambling to the next day and each periods I do so it aids me in prolonging the time frame for my bankroll before it could get exhausted. Sometimes gamblers should be wise to discontinue with gambling for the day if they just got a win either at their first bet or made a win after been subjected to a few losses. The wisdom there is that you don't go home with an exhausted pocket or a completely emptied account. You still have a sum left to start with the next day.

It's good if you can stop after getting your first win. That can remind us to realize that we won't be able to win too often. We must be able to stop after winning whatever the amount. And if they continue gambling, they may lose again, which could be a big loss that will cost them all their money. Moreover, we know that gambling will not give us easy wins, so we must be aware of it. It's a good idea not to go home empty-handed because when we've managed to win some money, we've managed to get it, and it's time for us to go home.

But to be very honest It's not that easy ending the gambling just like that for that very day, it really demands great discipline to usually stick to the idea as there are occasions I get carried away by my own enthusiasm in the game and snob the thought of stopping since I have managed to get  a win.  It's as if I turn out to become my own obstacle to my subscribed idea. Lol.  Nevertheless, if we're able to keep to standards we have created  to guide our conduct, behavior and decisions on how we would handle our gambling life it will earn us a healthy gambling lifestyle.

      Well, honestly speaking, you are not the only gambler who is carried away by playing gambling; there are times when we really enjoy playing gambling, especially if we have experienced winning right from the start.

     So of course, at that time, we will think that it looks like we are lucky today. There is one that will come in that you will have a target that when you reach this amount of winnings we will stop, but because we really enjoy playing gambling, the winning that we already have is reduced because when we notice that we stop, at least there is still a winning that is brought home.

[Reatim]

It should be noted that when you win a large amount of money, you should stop being a responsible gambler. But what happens often is not like that; instead of stopping as they should, they find it even more enjoyable to continue gambling even more.

are you for real? after winning large amount He will stop being responsible gambler? what do you want him to do?to be irresponsible gambler after and let all the winning be spent and lose again?
sorry but I think the grammar use is different from that.

This can also be a problem for most gamblers. They don't know how to control and restrain themselves, so they often lose in the end. A win that should have turned into a loss.

if you don't know what gambling is , then you will keep losing even after the big win , we must understand that there is a need to self control , we need to spend our focus in learning before finally getting into gambling.

[freedomgo]

<snip>
That's right, Martingale can be a boomerang for gamblers who don't calculate it well. Because, basically, any game is based on luck even though it can be seen through analysis. For example, using the martingale method to bet on football matches, may have better effectiveness than other types of gambling. Because, the team we choose to bet on has a greater chance of winning the match, and we at least have a greater possibility of making a profit. But, back to luck, if the big team we choose, turns out to lose against a small team, we will experience a double loss. Maintaining the martingale method may no longer be the solution for the next bet, because our bet will be 4x bigger than the initial bet.

I do not agree that using the martiangle technique is more effective in sports betting, specifically in football. Mind that this technique does not guarantee the win. The house edge should also be considered.
Using martiangle on sports betting would be a slow process as of the game's nature. On the other hand it will be quick on casino games.

This technique requires big bankroll, so the balance should also be considered before executing such technique.

Don't even think of funding your bankroll just because of that; relying on a large bankroll solely for the purpose of using the Martingale strategy is a risky proposition. In reality, this strategy is more of a trap, and it's highly unlikely to lead to consistent wins in gambling. Thinking that a substantial bankroll can help because it allows you to double your bets after losses is a misconception. Bookies and casinos have implemented limits precisely to prevent this type of abuse. It's not a sound approach, and it tends to stress out gamblers and make them greedy.

A better strategy is to start with a smaller bankroll and focus on making accurate predictions most of the time. The goal should be reasonable and achievable, not to win every single time, which is practically impossible in the world of gambling.

[maydna]

~snip~

This is a lot easier said than done to be honest with you. Winning leads to a spike in adrenaline which leads us to keep wanting more and more which is why it's extremely difficult to stop no matter what the amount is.

The easiest way to counter this is to gamble with a bankroll that you are willing to lose in one session.

It's true, but we'll never know if we don't try. Apart from that, if we can overcome it, it will be useful for us because we will not be tempted to chase the next victory because it will be difficult. We should try to learn for our own good so that later, we can have good self-control.

We can also remember that we cannot win easily in gambling. And we also have to limit the money to prevent excessive loss of money.

~snip~

But to be very honest It's not that easy ending the gambling just like that for that very day, it really demands great discipline to usually stick to the idea as there are occasions I get carried away by my own enthusiasm in the game and snob the thought of stopping since I have managed to get  a win.  It's as if I turn out to become my own obstacle to my subscribed idea. Lol.  Nevertheless, if we're able to keep to standards we have created  to guide our conduct, behavior and decisions on how we would handle our gambling life it will earn us a healthy gambling lifestyle.

That is why we need to learn self-discipline to end gambling without wanting to chase more wins or recover losses. It's difficult, but at least we have to try not to sink too deep into gambling for our own good. You already know how to treat gambling so that it doesn't negatively impact your life, so you always try to limit yourself. There is no point if we become addicted to gambling because our family will also feel it. After all, that is the impact of gambling.

[Pmalek]

That's right, Martingale can be a boomerang for gamblers who don't calculate it well. Because, basically, any game is based on luck even though it can be seen through analysis. For example, using the martingale method to bet on football matches, may have better effectiveness than other types of gambling. Because, the team we choose to bet on has a greater chance of winning the match, and we at least have a greater possibility of making a profit.

It's also worth remembering that the odds of the favorites in football matches aren't 2.00 and higher. Very often, they are much lower. We are talking about 1.10, 1.20, maybe 1.40. A team with odds of +2.00 when playing at home isn't really a big favorite. If they are playing away from home, you can find much higher odds. Consequently, their chances of winning are also lower. 

[Wiwo]

But to be very honest It's not that easy ending the gambling just like that for that very day, it really demands great discipline to usually stick to the idea as there are occasions I get carried away by my own enthusiasm in the game and snob the thought of stopping since I have managed to get  a win.  It's as if I turn out to become my own obstacle to my subscribed idea. Lol.  Nevertheless, if we're able to keep to standards we have created  to guide our conduct, behavior and decisions on how we would handle our gambling life it will earn us a healthy gambling lifestyle.

That is what have lead to many loses for me on so many occasions because of the lack of being able to take a bow and walk aways for that day,  most challenging thing in this thing is when goi already win some amount in your games and you believe that if you risk more further you can win more,  this is the most dangerous thing to do at all time and we should be able to walk away no matter what position we are in the game,  and some of this time we need to really set a strong limits for ourselves in other to use this feature correctly.

But then gambling is all about luck and discipline because there is never a guarantee winning and you will not know the outcome of your next game,  so for that you must appreciate the one you already won and learn to walk away.

[Jating]

But to be very honest It's not that easy ending the gambling just like that for that very day, it really demands great discipline to usually stick to the idea as there are occasions I get carried away by my own enthusiasm in the game and snob the thought of stopping since I have managed to get  a win.  It's as if I turn out to become my own obstacle to my subscribed idea. Lol.  Nevertheless, if we're able to keep to standards we have created  to guide our conduct, behavior and decisions on how we would handle our gambling life it will earn us a healthy gambling lifestyle.

That is what have lead to many loses for me on so many occasions because of the lack of being able to take a bow and walk aways for that day,  most challenging thing in this thing is when goi already win some amount in your games and you believe that if you risk more further you can win more,  this is the most dangerous thing to do at all time and we should be able to walk away no matter what position we are in the game,  and some of this time we need to really set a strong limits for ourselves in other to use this feature correctly.

Yes, most of the time, it's hard to acknowledged specially if we still have a money in our pocket, to just quit for that day and never over extend playing as this could be your un-lucky. But we all know that is not true, I mean gamblers can't just take a bow and walk away. There were even cases that if you play on a traditional base casinos, we encounter what we call walk of shame.

But then gambling is all about luck and discipline because there is never a guarantee winning and you will not know the outcome of your next game,  so for that you must appreciate the one you already won and learn to walk away.

Again, it's very hard to say if we are lucky or not. That's why we try to play and test our luck. Specially in games like dice, or slot machine, there is no guarantee of winning. However, we are going to try it out, no matter what the odds or even if we now the odds are stack up against us. So very hard to control and we really need to be strong mentality.

[Mr. Magkaisa]

It should be noted that when you win a large amount of money, you should stop being a responsible gambler. But what happens often is not like that; instead of stopping as they should, they find it even more enjoyable to continue gambling even more.

are you for real? after winning large amount He will stop being responsible gambler? what do you want him to do?to be irresponsible gambler after and let all the winning be spent and lose again?
sorry but I think the grammar use is different from that.

This can also be a problem for most gamblers. They don't know how to control and restrain themselves, so they often lose in the end. A win that should have turned into a loss.

if you don't know what gambling is , then you will keep losing even after the big win , we must understand that there is a need to self control , we need to spend our focus in learning before finally getting into gambling.

    -    Perhaps he simply made a typing error, which made him responsible rather than irresponsible. Perhaps he didn't just verify what he intended to write here. Let's get back to the topic at hand because, occasionally, when we win, we don't cash out right away because we think that, perhaps, if we wager again, our gains would increase.

This is the sense that we believe we can never lose, and we fail to realize that, rather than putting an end to it, greed has taken hold of us. We won't understand until our winning slowly starts to vanish, at which point we should cease so that you still have a winning. Unless you want to just have fun and are willing to get bashed up,

[danadc]

That's right, Martingale can be a boomerang for gamblers who don't calculate it well. Because, basically, any game is based on luck even though it can be seen through analysis. For example, using the martingale method to bet on football matches, may have better effectiveness than other types of gambling. Because, the team we choose to bet on has a greater chance of winning the match, and we at least have a greater possibility of making a profit.

It's also worth remembering that the odds of the favorites in football matches aren't 2.00 and higher. Very often, they are much lower. We are talking about 1.10, 1.20, maybe 1.40. A team with odds of +2.00 when playing at home isn't really a big favorite. If they are playing away from home, you can find much higher odds. Consequently, their chances of winning are also lower. 

I'm sure that everyone here has used the martingale at some point, maybe a little, but we have used it. I'm not sure if it works for anyone all the time, but I don't use it because I don't have much balance in my plays and it Everything goes there for me, so the best thing is to avoid it, that can be done but with very small bets, and I do not recommend it, because losing all your money is something that is not good, no one likes to lose money, it is better to apply other strategists and do it in a granular way, not all at once, if you win well because you can take out the money and have fun , but if you don't win it is recommended that you retire and go another day, that is a way to protect yourself.

[lionheart78]

It should be noted that when you win a large amount of money, you should stop being a responsible gambler. But what happens often is not like that; instead of stopping as they should, they find it even more enjoyable to continue gambling even more.

Why stop to being a responsible gambler if one is winning a larger amount of money?  Should they instead implement more responsible gambling so that they won't get trapped in aiming large winnings that can result in a huge loss?  Gamblers don't need to stop when they experience big wins, instead, they can just moderate their gambling activities so that they won't exhaust their winnings easily.

I think he misworded. Not to correct bettercrypto for him or speak on his behalf, though I think what he was trying to say was "you should stop gambling and be a responsible gambler". It would make much more sense with the context.

I can't read minds so I only read what is typed, if that is the case then so be it, the problem is the following words are somehow too generalized that the meaning can be supportive to his misworded sentence.

So with this in mind (especially the criminality aspect you have highlighted) I ask, do you think
- The world would be better off without gambling?
- BitcoinTalk would be better off without gambling?

Only asking, not activating/protesting with these questions

I am not against gambling, I support responsible gambling and not eliminating gambling entirely.  If the gambling industry is not present in the world, the millions of donations put into charity will be gone, this means, there will be less funds for the unfortunate who rely upon charity institutions.

Aside from that gambling helps people in personal and social development even in a country's development, it is the abuse of gambling that should be eliminated not the gambling itself.

[khaled0111]

Thank you for the tips, OP, but if you re-read what you have written you wil find that many of those tips are contradictive.
You admitted in your post that casino games are based on luck so, logically, there is no strategy that can help you win the house as long as there is an house edge.
Talking about good luck and bad luck doesn't make much sense either since the results are supposed to be pre-determined, specifically in provably fair games.

[LUCKMCFLY]

Gambling is not a paradise for profits, but if we are determined to get big wins in gambling and get big profits from the gambling we play, then what we need to do is to make the most of the winnings as business capital, for example, or you can invest. the money and part of it is saved to answer urgent needs. You need to do these things to prevent your money from going back to gambling in its entirety so that the money cannot be utilized as well as possible and you cannot enjoy it for anything other than gambling.

For the fact that casino have it house edge that make winning almost impossible unless on rare occasions that is why gamblers depend on the lick to keep the winning stride and any point in time, and that is the reason why gambling without restrictions only leads to losses that can not be overly bear in most cases and that why we advice to make a limit to our gambling activities.
Taking gambling as a means of making an income or profit is a wrong thing to do and will be unrealistic to make thay happen in most cases and so we have to limit per time on how we gamble.

The way I have found to Protect my Funds is in a very basic and even unconventional way, but it takes a lot of discipline to achieve it, and it is very easy to break the main rule , and the Main rule is to leave it until you have a profit and so on. It is a small profit, because every time we play, apart from allocating a special fund Willing to lose, from that fund we can Obtain profits or loses, and as everyone says, the casino has the priority because it will always have the house Advantage. , and since they have the house advantage, obviously things are going to be very favorable for them, meaning that in our game we have little chance of winning, so every time a bet is made without going over the limit that we have destined to lose, if we have a profit, no Matter how small , leave it there, and not play until the next day, or at another time, preferably Daily , if we have daily profits, we can make some money, which We will not see at once that it is a lot, but if something, then those profits will be few, because it is Seeing it as if it were a good Business , where all the time goes away instead of Losing , something comes in.

This is a simple strategy, the most basic, but many times the Main rule is broken , that with little Effort the player is encouraged to make a higher profit, and that is a big mistake, because instead of winning he can lose, and lose almost all progress, this is similar when it is done traditionally, there are some who are not satisfied with earning little, but want to make a lot of money at once, and that doesn't work, you have to go little by little, until you generate good money , good results, it is the only way that I see that things can be done, otherwise, I have not found a way to be responsible, and it is only a rule that is easy but at the same time difficult to Comply with , because there is the desire to play More and make more Money.