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Author Topic: Winning Wisely: Strategies to Protect Your Bankroll  (Read 1769 times)
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October 27, 2023, 07:56:36 PM
 #181

In gambling games, the only think that can make someone save their bankroll and gamble safely is that they stop when they see that their luck isn't working and they are constantly losing. If you don't stop at the right time, you will most likely lose your whole bankroll in that exact gambling session.
When we continuously lose when gambling then the right choice is to stop to consider continuing betting or stop betting to avoid high losses, we have to calculate the total temporary loss and if the loss has reached 50% of the funds you allocated for gambling, I choose not to continue gambling and will return tomorrow because I consider gambling to be closer to the luck factor than probability, if I force myself to continue betting then it is very likely that the bet will lose because I cannot control my emotions and the possibility of placing all in on the next bet. So it is better for me to secure another 50% remaining funds for another bet than to gamble without emotional control, you will not gamble wisely and will only waste your money gambling without consideration.

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October 27, 2023, 09:01:58 PM
 #182

~snip~

Well, in part, good strategies always occur in people who have a lot of experience in the game, and this is one way of looking at it, when we put a lot of emphasis on how to control ourselves, how not to spend so much money, it is one of the strategies, but they are not well-founded, that is, when we take into consideration a person who finds himself daily in a plane where he needs to play a lot with little money, and never wins, is doing things wrong, but a person who knows how to control emotions, impulses, we are in presence of a person who can make a difference, and who can be in that very small percentage where things can happen in favor of the guadroes and not the casino, which is quite difficult for it to occur but obviously if it exists, that probability It is minimal, when a person is facing a game they should always consider that the best strategy is not to play with a lot of money, but rather with the one they are willing to lose, hence if they lose they cannot and should not bet again or make a deposit. like to recover, or try to recover what was bet, for me this is bad, you should always play with the money available to lose and lose now, then self-control or something no longer works, if you have 20usd to spend and lose, no It doesn't matter if you spend them, it's over, then obviously you'll see if you go crazy you'll lose what you wanted and you shouldn't insist.

When a person does not establish an amount to spend, things go wrong, you Cannot expect much from the casino if the person does not have Control over their money, and if they spend a lot, obviously things will only go wrong, because it can even Lead to the same thing. game addiction, so it's not nice that these things happen because it would be the worst thing that happens to anyone, I don't wish it on anyone and you Should take care of those things as much as Possible, that's why gambling in casinos should Respect the Game. .

Experience is crucial in any game, especially online gambling. Been around the block? You know the ins and outs, ups and downs. Control is the mantra. How do you control the game without money control? Simple reasoning, guys. Let's discuss about their biggest error. They're budgetless! Going into a casino without a defined loss limit is a recipe for disaster. Disaster, indeed! Just like entering a business contract without knowing your constraints. Just awful business. Gambling addiction? The issue is serious. We've seen it, and it's ugly. Unattractive. Gamblers must respect the game. Respect it. Always gamble with money you can lose. As simple as that. Not only is winning important, but so is playing wisely. Smart!

When it comes to how to protect our funds, well things tend to have many aspects, I have read how some users to protect their funds sometimes do not even play, or play a little and do not play anymore and then withdraw their money , so this is something that is not I take it as if it were something normal, I think that the things When it comes to protecting our hearts refer to the fact that we should not become addicted, and it is difficult , because some People who are not Afraid of Playing get up and play without control, sometimes They lose, others win, and they have no control, besides that when a person shows that he plays a lot and loses, he does not care if he loses, and that is a very bad thing, I would think that when a person is like that , then he has to learn because otherwise he will go fall into bankruptcy, so in this order of ideas what I thought of a way to make Everything turn out well and that you can protect your funds is that you allocate only a small part of your funds to the casino, if you win well, but if So it's a shame not to put in more money or make deposits.

Some players here in the forum talk about allocating a percentage of their salaries to games, some even talk about allocating 20%, which seems exaggerated to me, so when it comes down to it, everyone knows what their expenses are like, but it seems to me that 20% is a lot, and if they lose it it is very sad, I would speak with a percentage less than 5%, I would say that 2% seems good to me to allocate it to their total fun and that they divide that percentage so that they can have a better experience, then Each person is responsible for what they can spend, I personally would say that whatever has to be Allocated should last at least 5 days, if a Person has 100usd I will divide that into 5 so that each day they spend 20usd and no more than there , Obviously respecting that if you lose everything, not make more deposits until the next day, that is a Measure of great discipline, I personally would do it that Way.

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October 28, 2023, 08:09:19 AM
 #183

If you aren't going to gamble with all the money why deposit on a casino? You don't have to deposit large amount of money to make your bankroll looks fat or anything, there is no reward for doing so, even deposit rewards now are not possible until you place some bets first.

I believe that the lower you risk your money the higher your chance of winning, I prefer to see me win than using a large amount to gamble because you want to win millions at once, if I have use $5 to gamble in ten days it's $50, compare to some one who wants to use the whole $50 to place bet at once because they plan to win millions.

This is the best winning strategy I can think of, lower the amount you are risking,  you can't tell when or if your luck is near, it can be five times far away, but the money which you should have spread out and gamble per day has been used on a single day, it means you just shut the door on your luck and throw the key into the river.

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October 28, 2023, 11:23:16 AM
 #184

This topic is continuously redundant for giving tips, im just wondering if the creator of those topics really follow those tips they have given to other people or just tips for just one time mistake to their gambling habit.
In gambling games, the only think that can make someone save their bankroll and gamble safely is that they stop when they see that their luck isn't working and they are constantly losing. If you don't stop at the right time, you will most likely lose your whole bankroll in that exact gambling session.
When we continuously lose when gambling then the right choice is to stop to consider continuing betting or stop betting to avoid high losses, we have to calculate the total temporary loss and if the loss has reached 50% of the funds you allocated for gambling, I choose not to continue gambling and will return tomorrow because I consider gambling to be closer to the luck factor than probability, if I force myself to continue betting then it is very likely that the bet will lose because I cannot control my emotions and the possibility of placing all in on the next bet. So it is better for me to secure another 50% remaining funds for another bet than to gamble without emotional control, you will not gamble wisely and will only waste your money gambling without consideration.

If you want to play gambling you must need to make sure you are ready your money and of course yourself not as always you are a winner in gambling expect the unexpected to lose more than your capital or your winnings. always manage to have a limit in yourself likewise in trading you must need to have your own TP and SL as your limitation to yourself, greedy sometimes can be worse than you were expecting.

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October 28, 2023, 04:08:40 PM
 #185

When we continuously lose when gambling then the right choice is to stop to consider continuing betting or stop betting to avoid high losses, we have to calculate the total temporary loss and if the loss has reached 50% of the funds you allocated for gambling, I choose not to continue gambling and will return tomorrow because I consider gambling to be closer to the luck factor than probability, if I force myself to continue betting then it is very likely that the bet will lose because I cannot control my emotions and the possibility of placing all in on the next bet. So it is better for me to secure another 50% remaining funds for another bet than to gamble without emotional control, you will not gamble wisely and will only waste your money gambling without consideration.
Actually, the method you say makes a lot of sense, but if after understanding a little it means you put in all the budget you have but when the loss reaches 50% you decide to stop betting, is my understanding correct?
If that's the case, it seems like it requires a high level of commitment to comply with the rules that have been planned because most gamblers will find it difficult to stop betting when losses reach 50% because of course emotions will tempt our minds to try betting again and even though I've done this several times, I still failed. but when my mind is in a good state it is very easy to stop my betting session.
Another question from me is if you lose 50% then you stop betting but what if you win? Will you withdraw everything or only withdraw 50%?

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October 28, 2023, 04:59:26 PM
 #186

This topic is continuously redundant for giving tips, im just wondering if the creator of those topics really follow those tips they have given to other people or just tips for just one time mistake to their gambling habit.
In gambling games, the only think that can make someone save their bankroll and gamble safely is that they stop when they see that their luck isn't working and they are constantly losing. If you don't stop at the right time, you will most likely lose your whole bankroll in that exact gambling session.
When we continuously lose when gambling then the right choice is to stop to consider continuing betting or stop betting to avoid high losses, we have to calculate the total temporary loss and if the loss has reached 50% of the funds you allocated for gambling, I choose not to continue gambling and will return tomorrow because I consider gambling to be closer to the luck factor than probability, if I force myself to continue betting then it is very likely that the bet will lose because I cannot control my emotions and the possibility of placing all in on the next bet. So it is better for me to secure another 50% remaining funds for another bet than to gamble without emotional control, you will not gamble wisely and will only waste your money gambling without consideration.

If you want to play gambling you must need to make sure you are ready your money and of course yourself not as always you are a winner in gambling expect the unexpected to lose more than your capital or your winnings. always manage to have a limit in yourself likewise in trading you must need to have your own TP and SL as your limitation to yourself, greedy sometimes can be worse than you were expecting.

And besides that they must really prepare money that will not be a problem if in the end they lose (lose), I think this is not only for one or two gamblers but for all gamblers even those who are experienced. Because obviously the money you bring will be enough to determine whether you will finally regret it or still feel fine, the fear is that when you bring the budget for your living needs and then put it on gambling with the intention of multiplying it then I'm sure in the end you will get emotional, because it is very clear that in gambling there is absolutely no guarantee of winning and besides that the final result is only determined by luck, meaning that if today you are unlucky then you will lose.

So do not let you gamble with the expectation of victory, especially with large amounts, it is very difficult because the final result cannot be predicted at all. So gamble with the intention of finding fun or filling your empty time when bored, if you are lucky then the victory will come by itself. True, self-control is very important, for the problem of preparation as a preventive measure is quite similar to us trading, where there you also have to apply strong self-control, none other than the benefits are still the same, namely as a preventive measure so that the risk of loss is not too great.

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October 28, 2023, 05:09:58 PM
 #187

Saying is easy but to act on it, it becomes hard. We can send many things theoretically but when applying them in real life, many things come between our decision and our emotion. Those points that you have mentioned could create a great mentality in which we can control our emotions to some extent. Those casinos have made it so easy to play a game that people often forget what they are doing and get so into the game that they get addicted in the end. If not done correctly it can not be avoided. Gambling responsibly and sticking to strategies should be our priority.

When you feel like you have lost enough, just stop. Gambling is based on luck and you can't do anything even if you have all those skills and analysis experience. Things could play out differently than you have expected. Also, when you feel that you have made enough wins, stop. It is better to come up with a strategy and a budget for everyday gambling. Never go above your budget and the amount of bet you can place a day. There are no limits but if you are failing to control yourself, then you can surely follow this strategy. Winning is not everything. Enjoy what you are doing instead.
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October 28, 2023, 05:23:33 PM
 #188

In gambling games, the only think that can make someone save their bankroll and gamble safely is that they stop when they see that their luck isn't working and they are constantly losing. If you don't stop at the right time, you will most likely lose your whole bankroll in that exact gambling session.
When we continuously lose when gambling then the right choice is to stop to consider continuing betting or stop betting to avoid high losses, we have to calculate the total temporary loss and if the loss has reached 50% of the funds you allocated for gambling, I choose not to continue gambling and will return tomorrow because I consider gambling to be closer to the luck factor than probability, if I force myself to continue betting then it is very likely that the bet will lose because I cannot control my emotions and the possibility of placing all in on the next bet. So it is better for me to secure another 50% remaining funds for another bet than to gamble without emotional control, you will not gamble wisely and will only waste your money gambling without consideration.
This only happens to those who are not greedy and for those who are not addicted to gambling. There is a gambler I know that gambled all his money in the spot before going home and the hope he had was to in his lost games and unluckily he finished everything in his pocket and go home with empty pocket. Though I really like this your advice but not all will do that. And really if a gambler realized himself that the day is not favourable to him and stop gambling in that day and come back in the following day to rest his luck for the first two games and if they favoured him then he should continue and if they didn't then he has to go home again.
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October 28, 2023, 08:04:10 PM
 #189

I think we need to understand how we intend to play safe so we can have a clean winning. Gambling has been a good alternative for us earn some profits for ourselves if we are true gambler. For us to earn clean bets as a gambler, we need bet on games that we are skilled at not minding to try our hands in tempting games that cannot guarantee our winnings. We need to establish a good mindset when we bet and also work on our strategies to hasten the process for us to make winnings. We all want to make winnings but we don't have to become too desperate so it not going to affect us later.
You are probably referring to sports betting because none of what you said applies to gambling games, there is no way for you to be a true gambler and have clean winnings in gambling games, it is absolutely not an alternative to earn profits or money, and there are no skills that one can master that will help them get guaranteed wins. However, some of these things can be said for sports betting such as skills required, true gambler in the sense that you are a true follower of the sport you are betting on, and it can also be an alternative to earn some money if you are actually skilled and experienced in it.

There are gamblers that I know who earn at least some profits every month from sports betting, and it might sound easy to say but it isn't. A sports bettor has to take care of a lot of things like comparing the odds of a match that was lost with the one they are betting on, and how they need to use their bankroll, etc.

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October 28, 2023, 08:32:56 PM
 #190

In gambling games, the only think that can make someone save their bankroll and gamble safely is that they stop when they see that their luck isn't working and they are constantly losing. If you don't stop at the right time, you will most likely lose your whole bankroll in that exact gambling session.
When we continuously lose when gambling then the right choice is to stop to consider continuing betting or stop betting to avoid high losses, we have to calculate the total temporary loss and if the loss has reached 50% of the funds you allocated for gambling, I choose not to continue gambling and will return tomorrow because I consider gambling to be closer to the luck factor than probability, if I force myself to continue betting then it is very likely that the bet will lose because I cannot control my emotions and the possibility of placing all in on the next bet. So it is better for me to secure another 50% remaining funds for another bet than to gamble without emotional control, you will not gamble wisely and will only waste your money gambling without consideration.
This only happens to those who are not greedy and for those who are not addicted to gambling. There is a gambler I know that gambled all his money in the spot before going home and the hope he had was to in his lost games and unluckily he finished everything in his pocket and go home with empty pocket. Though I really like this your advice but not all will do that. And really if a gambler realized himself that the day is not favourable to him and stop gambling in that day and come back in the following day to rest his luck for the first two games and if they favoured him then he should continue and if they didn't then he has to go home again.
Those who have greed woud always be a scape goat of losing their bankroll although that might not be a lesson to them since they can see it as a normal thing but a person who is wise would think and observe what could be his reason for the loses he is making so afar. Gambling has it own risk and for the fact that we are making loses does not mean that we are meant to lose or it's just natural.

Sometimes gred can eat into our bones and attract loses to us even when we are trying all best to keep accumulating profits to safe safe from excessive gambling. It is very important for us to studyour gambling activities to when something is wrong or right so we can amend and make a good move that will turn our frequent loses to profits.









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October 28, 2023, 08:51:54 PM
 #191

Actually, the method you say makes a lot of sense, but if after understanding a little it means you put in all the budget you have but when the loss reaches 50% you decide to stop betting, is my understanding correct?
I have determined a gambling budget that can afford to lose, but if the bets are consistently losing then I will decide to stop betting if the loss reaches 50% because I am sure that day will not be lucky for me.
However, I don't expect gambling to earn extra income and I can control the emotional influence in gambling, so it is better for me to cut my losses by 50% than to lose everything.

Quote
Another question from me is if you lose 50% then you stop betting but what if you win? Will you withdraw everything or only withdraw 50%?
I will withdraw all winnings and only leave the initial budget for gambling, I will not increase the gambling budget even though I have won the jackpot, gambling will not guarantee winnings for the next betting session and if you lose control in gambling then the losses will be higher than your winnings gain from previous bets, therefore keep gambling responsibly and still anticipate high losses.

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October 28, 2023, 11:57:02 PM
 #192

Actually, the method you say makes a lot of sense, but if after understanding a little it means you put in all the budget you have but when the loss reaches 50% you decide to stop betting, is my understanding correct?
I have determined a gambling budget that can afford to lose, but if the bets are consistently losing then I will decide to stop betting if the loss reaches 50% because I am sure that day will not be lucky for me.
However, I don't expect gambling to earn extra income and I can control the emotional influence in gambling, so it is better for me to cut my losses by 50% than to lose everything.

Quote
Another question from me is if you lose 50% then you stop betting but what if you win? Will you withdraw everything or only withdraw 50%?
I will withdraw all winnings and only leave the initial budget for gambling, I will not increase the gambling budget even though I have won the jackpot, gambling will not guarantee winnings for the next betting session and if you lose control in gambling then the losses will be higher than your winnings gain from previous bets, therefore keep gambling responsibly and still anticipate high losses.

In both situations, each of us have different approach as it depends on various factors.
Your financial situation, your preferences at that time or your emotional standpoint.
This is why each gambler has their own decision on this matter because we have varying reasons on why you are betting in the first place.
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October 29, 2023, 03:09:26 AM
 #193

I think we need to understand how we intend to play safe so we can have a clean winning. Gambling has been a good alternative for us earn some profits for ourselves if we are true gambler. For us to earn clean bets as a gambler, we need bet on games that we are skilled at not minding to try our hands in tempting games that cannot guarantee our winnings. We need to establish a good mindset when we bet and also work on our strategies to hasten the process for us to make winnings. We all want to make winnings but we don't have to become too desperate so it not going to affect us later.
You are probably referring to sports betting because none of what you said applies to gambling games, there is no way for you to be a true gambler and have clean winnings in gambling games, it is absolutely not an alternative to earn profits or money, and there are no skills that one can master that will help them get guaranteed wins. However, some of these things can be said for sports betting such as skills required, true gambler in the sense that you are a true follower of the sport you are betting on, and it can also be an alternative to earn some money if you are actually skilled and experienced in it.

There are gamblers that I know who earn at least some profits every month from sports betting, and it might sound easy to say but it isn't. A sports bettor has to take care of a lot of things like comparing the odds of a match that was lost with the one they are betting on, and how they need to use their bankroll, etc.
I agree. Skills and knowledge are your edge if sports betting are your choice in gambling. The profits are still not guaranteed but having a knowledge can increase the chance to win the game. Therefore it's not entirely relying on luck (compared to casino games) though of course it is still necessary since upset can also happen.

Anyway, gambling is not really an alternative to make money, and those who have high hopes to win when playing might experience the struggles of accepting the outcome. Losing is inevitable hence a gambler should be aware of this fact before deciding to use his/her money in gambling.

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October 29, 2023, 01:14:44 PM
 #194

Saying is easy but to act on it, it becomes hard. We can send many things theoretically but when applying them in real life, many things come between our decision and our emotion. Those points that you have mentioned could create a great mentality in which we can control our emotions to some extent. Those casinos have made it so easy to play a game that people often forget what they are doing and get so into the game that they get addicted in the end. If not done correctly it can not be avoided. Gambling responsibly and sticking to strategies should be our priority.

When you feel like you have lost enough, just stop. Gambling is based on luck and you can't do anything even if you have all those skills and analysis experience. Things could play out differently than you have expected. Also, when you feel that you have made enough wins, stop. It is better to come up with a strategy and a budget for everyday gambling. Never go above your budget and the amount of bet you can place a day. There are no limits but if you are failing to control yourself, then you can surely follow this strategy. Winning is not everything. Enjoy what you are doing instead.
Lets get this straight: the house usually seems to have the last laugh in our game, which is pretty funny, right? I mean, its always struck me as hilariously ironic how these glitzy casinos entice us in by giving us the impression that we are the masters of strategy. But when the chips are down, its usually more comedy than strategy. I understand that it might be somewhat difficult to regulate our emotions when we're fully engaged in an activity. We should be the master puppeteers, not the opulent casinos, even though they have mastered the art of seduction. After all, who wants to dance to their music, lets face it?

Yes, and the well-worn adage in gambling: "Winning isnt everything." Its very old. But how often do we actually live up to that? Its a brilliant idea that you mentioned making a daily budget and strategy. It is the mooring in the turbulent ocean of probability. Gambling is as erratic as the weather for tomorrow. Thus, even if you seem to have the Midas touch one day, keep in mind that things could turn bad the next. I also want to emphasise that you should enjoy the game rather than the wins. Since, as you correctly stated, happiness ultimately takes precedence over all else.

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October 29, 2023, 01:46:56 PM
 #195

I think we need to understand how we intend to play safe so we can have a clean winning. Gambling has been a good alternative for us earn some profits for ourselves if we are true gambler. For us to earn clean bets as a gambler, we need bet on games that we are skilled at not minding to try our hands in tempting games that cannot guarantee our winnings. We need to establish a good mindset when we bet and also work on our strategies to hasten the process for us to make winnings. We all want to make winnings but we don't have to become too desperate so it not going to affect us later.
You are probably referring to sports betting because none of what you said applies to gambling games, there is no way for you to be a true gambler and have clean winnings in gambling games, it is absolutely not an alternative to earn profits or money, and there are no skills that one can master that will help them get guaranteed wins. However, some of these things can be said for sports betting such as skills required, true gambler in the sense that you are a true follower of the sport you are betting on, and it can also be an alternative to earn some money if you are actually skilled and experienced in it.

There are gamblers that I know who earn at least some profits every month from sports betting, and it might sound easy to say but it isn't. A sports bettor has to take care of a lot of things like comparing the odds of a match that was lost with the one they are betting on, and how they need to use their bankroll, etc.
I agree. Skills and knowledge are your edge if sports betting are your choice in gambling. The profits are still not guaranteed but having a knowledge can increase the chance to win the game. Therefore it's not entirely relying on luck (compared to casino games) though of course it is still necessary since upset can also happen.

Anyway, gambling is not really an alternative to make money, and those who have high hopes to win when playing might experience the struggles of accepting the outcome. Losing is inevitable hence a gambler should be aware of this fact before deciding to use his/her money in gambling.
On the time that you do make yourself having those kind of beliefs or intents about gambling then this is where you would really be putting up yourself on big risks. Gambling games does really have indeed different types on which there are strategic games and there are pure luck based on which same as you said that we know that sports betting arent really that totally relying on luck alone
but rather it would really be that good on having that kind of analysis before making bets on which it would really be that increasing your winning chance if you are really that aware on what are the things needed up to be known.

Increasing bankroll and protect it? It would really be just that only possible on card games and sports betting and this isnt something that could really be applied on casino type games.
There's no way that you could really be able to influence out your luck with other things specially on luck based games on which there's no point on how to deal with it.
Winning? Its normal and so as with losing but since house do always win then expect that you would be losing in the end of the line.

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October 29, 2023, 05:36:59 PM
 #196

Actually, the method you say makes a lot of sense, but if after understanding a little it means you put in all the budget you have but when the loss reaches 50% you decide to stop betting, is my understanding correct?
I have determined a gambling budget that can afford to lose, but if the bets are consistently losing then I will decide to stop betting if the loss reaches 50% because I am sure that day will not be lucky for me.
However, I don't expect gambling to earn extra income and I can control the emotional influence in gambling, so it is better for me to cut my losses by 50% than to lose everything.

Quote
Another question from me is if you lose 50% then you stop betting but what if you win? Will you withdraw everything or only withdraw 50%?
I will withdraw all winnings and only leave the initial budget for gambling, I will not increase the gambling budget even though I have won the jackpot, gambling will not guarantee winnings for the next betting session and if you lose control in gambling then the losses will be higher than your winnings gain from previous bets, therefore keep gambling responsibly and still anticipate high losses.
I mean, for example, you have a budget that is ready to lose $100 and deposit the entire amount into your gambling account and after you bet and lose 50% you decide to stop betting, is that correct?
If that's true, wouldn't it be better if you just deposited 50% or $50 of your budget so that it would be better?
Because what I'm worried about is that we sometimes lose control when a losing streak kills us and even stop betting. It's usually difficult for us to control our emotions and obey our emotions to continue betting.


Very precise, your thinking pattern is very good and I guessed you would answer like that because almost most experienced gamblers usually do the same thing when they get a big win, they will withdraw all their winnings and then leave their initial budget or usually only leave 20% of the total amount. thought.

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October 29, 2023, 05:38:29 PM
 #197

~snip.
Winning isn't everything. That is old but still effective. But the problem starts when people involve / prioritise money over entertainment. Why do you think people these days get involved with gambling? Is it because they want something for entertainment? The internet is a vast place and you can find many types of entertainment rather than gambling. So why are people still getting involved in gambling?

The world is now full of competition and making a living in this world has become so hard. People really want to find a way for quick money. Most of those newbie gamblers are gambling to make money. This is where the problem begins. When money is a gambler's first priority, emotion would come into play and in the long run they will get addicted.

It is hard to control our emotion. But only when money is involved. Think of the money you spend in gambling already gone. Then what you have left to lose? Rather than feeling bad for what you are losing while gambling, enjoy what you are getting in return in every win. The amount you put in gambling should be considered lost. And what you get as a win is a reward for being there. If we change our perspective, then old things make sense.
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October 29, 2023, 07:26:07 PM
 #198

Actually, the method you say makes a lot of sense, but if after understanding a little it means you put in all the budget you have but when the loss reaches 50% you decide to stop betting, is my understanding correct?
I have determined a gambling budget that can afford to lose, but if the bets are consistently losing then I will decide to stop betting if the loss reaches 50% because I am sure that day will not be lucky for me.
However, I don't expect gambling to earn extra income and I can control the emotional influence in gambling, so it is better for me to cut my losses by 50% than to lose everything.

Quote
Another question from me is if you lose 50% then you stop betting but what if you win? Will you withdraw everything or only withdraw 50%?
I will withdraw all winnings and only leave the initial budget for gambling, I will not increase the gambling budget even though I have won the jackpot, gambling will not guarantee winnings for the next betting session and if you lose control in gambling then the losses will be higher than your winnings gain from previous bets, therefore keep gambling responsibly and still anticipate high losses.

In both situations, each of us have different approach as it depends on various factors.
Your financial situation, your preferences at that time or your emotional standpoint.
This is why each gambler has their own decision on this matter because we have varying reasons on why you are betting in the first place.
Since we gamble for different reasons it is good for us to stay safe in whatsoever game we are betting on to safe us from the stress of chasing loses which can attract loses to us if we are not so skilled with that. When we bet, there are different factors that can affect our bets and what we need to do is to always plan before betting and using a good strategy that would help us to make good project as a gambler. Luck can be a vital tool to our winnings that is why we need to study ourselves and know when we tend to be lucky in betting.









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October 30, 2023, 03:52:39 PM
 #199

~snip.
Winning isn't everything. That is old but still effective. But the problem starts when people involve / prioritise money over entertainment. Why do you think people these days get involved with gambling? Is it because they want something for entertainment? The internet is a vast place and you can find many types of entertainment rather than gambling. So why are people still getting involved in gambling?

The world is now full of competition and making a living in this world has become so hard. People really want to find a way for quick money. Most of those newbie gamblers are gambling to make money. This is where the problem begins. When money is a gambler's first priority, emotion would come into play and in the long run they will get addicted.

It is hard to control our emotion. But only when money is involved. Think of the money you spend in gambling already gone. Then what you have left to lose? Rather than feeling bad for what you are losing while gambling, enjoy what you are getting in return in every win. The amount you put in gambling should be considered lost. And what you get as a win is a reward for being there. If we change our perspective, then old things make sense.
Particularly with gambling, winning isn't everything. There are countless entertainment alternatives available on the internet, including social media, games, and videos. What then makes people want to gamble so much?

The world is quite difficult. Individuals are searching for quick fixes and easy methods to generate money, and gambling appears to be one of those options. The problem is that feelings get complicated when monetary gain takes precedence. Emotions can be difficult, particularly when money is involved. Initially, people want to make quick money, but they quickly become addicted to the game because of its excitement and its highs and lows

What happens if we adopt a new viewpoint? Consider the money you bet as lost, stolen, or destroyed! Then, any win is just a bonus, a cherry on top. The excitement and the experience are more important than the money. Maybe, just maybe, if we can change the way we think, we can strike a balance. But always keep in mind, people: know when to give up and gamble wisely

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October 30, 2023, 04:16:16 PM
 #200

It’s not about those regular way outs such playing smart, not becoming emotional, luck based factors and bunch of regular stuff. However it is more or less playing on fixed casinos for long terms and growing your membership statuses on them. Most of the casino would have VIP program. Many of us overlook it but they are the real deal if you want to kee earning more and losing less on House edge over the period of time. You get better rakeback as compared to regular user, more promotional offers and in the long run that always ends up with saving deal. For every level we go up there is bonus money that is added immediately that also cover up various losses. I think it’s best to look at gambling programs such as these in business perspective. The more you put the more you get in return.
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