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Author Topic: How discipline are you in managing your bankroll?  (Read 1615 times)
Hirose UK
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November 26, 2023, 03:43:44 PM
 #121


But I don't know, but there are itch that I need to scratch and so I deposited again and then slowly all my winnings are now negative. But at least though, when I break even or at least lose only small amounts, I was able to take ahold of myself and not to deposit anymore because I'm thinking that I'm obviously in the losing streak and this can continue.

You'll mature eventually if you consistently learn from your mistakes. Our primary enemy here is ourselves, specifically our inability to control our emotions. If we aim to enjoy gambling for an extended period, we need to ensure we have the discipline to decide when to stop, whether winning or losing.
But being considered an adult does not necessarily make someone have big responsibility for every decision they make.
When someone truly has great sense of responsibility, they can decide on all their activities with the aim of getting positive things and can always consider the good and bad impacts of what they are going to do.
But becoming responsible gambler is not easy and cannot necessarily be implemented by all gamblers.
Even finances, which are clearly an important factor for sustainability in every gambling activity, may not necessarily be managed well by adults, but they can clearly be managed maturely by responsible people.

Quote
We all want success in gambling, so it should begin with disciplining ourselves, as strategies are crucial and require implementation with a clear mind to be effective. Scratch that 'emotion,' as it could undermine what we are trying to build.
Yes, we all want success in gambling but this is an impossible desire or has very small chance of success.
I personally think that success and success in gambling is when someone is able to avoid every bad thing from gambling and those who can truly think that gambling is place that is just for fun without any hope of getting rich.
But on the other hand, the assumption of success from gambling will of course be different for each gambler and we must be able to choose it, don't let us get carried away just because we want to be successful gambler in the sense of being successful in terms of financial gain.

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November 26, 2023, 05:08:46 PM
 #122

~snip~
All matters with self acceptance because it is really just that normal to experience those mistakes since there are no perfect on this world on which on the time that you are dealing with gambling
then losses are inevitable and it is really just that right that you should really be managing your bankroll well if you dont like on easily getting busted up with gambling. Although
we do know that the risks involved is high and most likely we would really be that losing money. What matter most here is that you should really know on when to stop and when to
proceed on. People do usually stop when they had already busted their bankroll and not on the time that they are losing that much and call it a day.
Once that impulsive emotion would come out then it is really that something hard to control into.
Making mistakes is normal and experienced by everyone, but what makes the difference is whether the person can learn from their mistake or will make another mistake without correcting the previous mistake. It is indeed difficult to learn discipline because we often fail to apply it, but if we are still willing to learn, we can definitely have the discipline that will prevent us from continuing to gamble. We can also stop gambling once we have had enough because we don't want to take greater risks. Those who have this discipline will stop gambling and not spend the money in their gambling account balance because they want to use the money to gamble at another time. And with that discipline, they are also able to manage their finances when gambling so that it doesn't disrupt their family's finances.

Yes that's true because basically humans are living creatures that will never escape the name of mistakes, all of them are the same because they have their own common sense within them, but the difference may be one of them as you said some can learn from their mistakes for something better and some are not at all, the level of awareness also has an important role in this because there are also some of them who make mistakes continuously but there is absolutely no awareness in themselves that what they are doing is wrong.

Yes applying discipline is quite difficult and not everyone can do it, I think it's more related to the difficulty of getting used to a change, for example like those who have entered the addiction phase and one of the reasons that makes it difficult for them to get out of the zone is because they cannot apply good consistency and discipline in terms of change. All changes are indeed doable or even easy and the question is whether or not they want to change for the better, because I think it's just nonsense if they just talk but are not accompanied by some actions that will support the change, I think they need something like a sense of trauma as a driver to really make changes.

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Accardo
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November 26, 2023, 05:56:13 PM
 #123

I've read multiple models of bankroll management and the two I feel interested on are flat betting and confidence model. Flat betting, is having a unit that you'll stake for long without changing the amount all through, the time set out for gambling that day. Most professional gamblers follow this method. And it's one of the best method in managing bank roll, thereby reducing the amount we spend, whether win or lose. Also maximizing profit, although the amount we choose should be little, hence the expected profits is to be small. Some gamblers won't like this model, except their aim is to enjoy the game, only. Another good model, which I like, is confidence betting model. Maintaining the flat betting model, but wagering huge amount of money when the player gets comfortable. So, in this model, it's too cool to say that the gambler won't lose out his bank roll. But if he gets too confident on wagering huge amount, he'll be mismanaging his funds. The first one, is preferable, but mixing the both without abusing it won't affect any gambler's bank roll. Op should do more research on the models for managing bank rolls. He'd learn different strategies. This article is very helpful for every gambler who is confused about managing their bank roll.

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TimtheYoutuber
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November 26, 2023, 06:15:27 PM
 #124

Bankroll management is vital for any positive sports bettor. I don't think there are many that do it professionally without a good roll management plan. Hard to stay level headed when you lose a game of inches.

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November 27, 2023, 11:17:29 AM
 #125

~snip~
Yes that's true because basically humans are living creatures that will never escape the name of mistakes, all of them are the same because they have their own common sense within them, but the difference may be one of them as you said some can learn from their mistakes for something better and some are not at all, the level of awareness also has an important role in this because there are also some of them who make mistakes continuously but there is absolutely no awareness in themselves that what they are doing is wrong.

Yes applying discipline is quite difficult and not everyone can do it, I think it's more related to the difficulty of getting used to a change, for example like those who have entered the addiction phase and one of the reasons that makes it difficult for them to get out of the zone is because they cannot apply good consistency and discipline in terms of change. All changes are indeed doable or even easy and the question is whether or not they want to change for the better, because I think it's just nonsense if they just talk but are not accompanied by some actions that will support the change, I think they need something like a sense of trauma as a driver to really make changes.
And because we often make mistakes, we have to learn from them so that we don't make other mistakes or similar mistakes. But it's true that most people don't want to learn from their mistakes and tend to repeat the same or slightly different mistakes. But as they get older, some of them can change and realize that they have made many mistakes and have to correct them slowly. They will also have the awareness that gambling does not need to use a lot of money and must be done in moderation.

Only by getting used to continuing to practice discipline can we do so that we can have good discipline and really limit our gambling activities. Indeed, it takes time, but it's still worth trying because it's for their good, so they don't gamble too much. When they really have the discipline to gamble, they will always limit their time and money for gambling because they don't want to lose a lot and also don't want to experience gambling addiction. And the most important thing is how they can prove that they really want to practice that discipline so that they won't have trouble when they are gambling.

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November 27, 2023, 12:40:36 PM
 #126

~snip~
Yes that's true because basically humans are living creatures that will never escape the name of mistakes, all of them are the same because they have their own common sense within them, but the difference may be one of them as you said some can learn from their mistakes for something better and some are not at all, the level of awareness also has an important role in this because there are also some of them who make mistakes continuously but there is absolutely no awareness in themselves that what they are doing is wrong.

Yes applying discipline is quite difficult and not everyone can do it, I think it's more related to the difficulty of getting used to a change, for example like those who have entered the addiction phase and one of the reasons that makes it difficult for them to get out of the zone is because they cannot apply good consistency and discipline in terms of change. All changes are indeed doable or even easy and the question is whether or not they want to change for the better, because I think it's just nonsense if they just talk but are not accompanied by some actions that will support the change, I think they need something like a sense of trauma as a driver to really make changes.
And because we often make mistakes, we have to learn from them so that we don't make other mistakes or similar mistakes. But it's true that most people don't want to learn from their mistakes and tend to repeat the same or slightly different mistakes. But as they get older, some of them can change and realize that they have made many mistakes and have to correct them slowly. They will also have the awareness that gambling does not need to use a lot of money and must be done in moderation.

Only by getting used to continuing to practice discipline can we do so that we can have good discipline and really limit our gambling activities. Indeed, it takes time, but it's still worth trying because it's for their good, so they don't gamble too much. When they really have the discipline to gamble, they will always limit their time and money for gambling because they don't want to lose a lot and also don't want to experience gambling addiction. And the most important thing is how they can prove that they really want to practice that discipline so that they won't have trouble when they are gambling.

Continuing to practice such kind of discipline will allow you to avoid making big mistakes and lose a lot, experienced help if you take it seriously and by practicing it during the actual gambling participation, not just by words but by actions that will really give you that prevention to make that mistake and leave the casino with big regret behind.

You are the one who's controlling yourself, it's on you and how you will take that knowledge and use it as basis while playing /betting in the game.

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November 27, 2023, 01:56:42 PM
 #127

~snip~
Yes that's true because basically humans are living creatures that will never escape the name of mistakes, all of them are the same because they have their own common sense within them, but the difference may be one of them as you said some can learn from their mistakes for something better and some are not at all, the level of awareness also has an important role in this because there are also some of them who make mistakes continuously but there is absolutely no awareness in themselves that what they are doing is wrong.

Yes applying discipline is quite difficult and not everyone can do it, I think it's more related to the difficulty of getting used to a change, for example like those who have entered the addiction phase and one of the reasons that makes it difficult for them to get out of the zone is because they cannot apply good consistency and discipline in terms of change. All changes are indeed doable or even easy and the question is whether or not they want to change for the better, because I think it's just nonsense if they just talk but are not accompanied by some actions that will support the change, I think they need something like a sense of trauma as a driver to really make changes.
And because we often make mistakes, we have to learn from them so that we don't make other mistakes or similar mistakes. But it's true that most people don't want to learn from their mistakes and tend to repeat the same or slightly different mistakes. But as they get older, some of them can change and realize that they have made many mistakes and have to correct them slowly. They will also have the awareness that gambling does not need to use a lot of money and must be done in moderation.

Only by getting used to continuing to practice discipline can we do so that we can have good discipline and really limit our gambling activities. Indeed, it takes time, but it's still worth trying because it's for their good, so they don't gamble too much. When they really have the discipline to gamble, they will always limit their time and money for gambling because they don't want to lose a lot and also don't want to experience gambling addiction. And the most important thing is how they can prove that they really want to practice that discipline so that they won't have trouble when they are gambling.

Like my previous statement, learning is always a good thing for a change and improvement but the problem is "Whether or not" is always about it, because it's useless if they just talk without taking any action to encourage the change to really happen, honestly for this problem is out of my control because only they know about when they have to be really serious in their changes, if indeed you are just talking nonsense it doesn't matter because however and any impact only you will feel it. Yes it's possible, sometimes maturity can also push them a little to reach the level of consciousness, if that's true it means they only have to wait for time to reach that consciousness slowly.

We must understand that getting out of the gambling zone or even addiction is not as easy as turning the palm of the hand, therefore it is quite impossible in my opinion for anyone to be able to recover completely in a short time, therefore simply if you already have the intention to get out of gambling activities then you must start trying to reduce it from now on so that in the next few months or even years you will be able to feel completely uninterested in gambling. So the point is true that they must be able to apply discipline and responsibility from now on to make it happen.

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November 27, 2023, 03:06:53 PM
 #128

I am extremely disciplined and very rational with the management of funds and gambling, although it was not like that in my early days, when I was very young, but luckily with time I understood what this is all about and not to put false hopes on it. I gamble infrequently, when I do I do it with low amounts that I can afford and usually a small percentage of the total I have in my account to make it last.

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November 27, 2023, 03:25:04 PM
 #129

Bankroll management is vital for any positive sports bettor. I don't think there are many that do it professionally without a good roll management plan.
Most professionals have their own way of managing their bankrolls and I think, they won't become professional if they don't have the discipline to do so.

Hard to stay level headed when you lose a game of inches.
This is a fact.

Even with a few losses with any bets you make from different games, that's going to give you hard time in maintaining yourself composed because every single lose that we make changes our mood.

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November 27, 2023, 03:27:50 PM
 #130

I am extremely disciplined and very rational with the management of funds and gambling, although it was not like that in my early days, when I was very young, but luckily with time I understood what this is all about and not to put false hopes on it. I gamble infrequently, when I do I do it with low amounts that I can afford and usually a small percentage of the total I have in my account to make it last.

When gambling, it is related to managing the funds we use to gamble, this is necessary and we must always pay attention to it. Because if not, gambling will become an activity that can harm ourselves. And this gambling is a risky thing, because it involves money. And whether the amount of money is small or large depends on how capable we are at managing finances.

Apart from that, with good financial management, this can also help us minimize the level of losses in gambling.

But unfortunately, being able to consistently bet the same amount every time you play is something that is difficult for us to do. Because after we win, this often makes us even more ambitious to increase the bet amount. And that's when our ability to control the gambling we do is being tested.

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November 27, 2023, 03:33:46 PM
 #131

My realization is that no matter how good you are at choosing the right bets, without discipline in bankroll management, you'll still end up losing.
Disciplinary bankroll management is very much necessary for gamblers who are to gamble periodically on schedule so as they don't over stay on the gambling table or placing bets beyond expectations but @ OP, I can tell that a disciplinary bankroll management doesn't offer gamblers chances to loose because your winning is depended on your gambling skills and of course your how lucky you could be instead discipline to manage your bankrolls enhances you to gamble responsible and could also have you the capacity to control your emotions likely when you looses to bets because your lost stakes was already kept aside for a risky activity with the tendencies of earlier awareness even before the game is started that it maybe lost or be multiplied.[/quote]












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November 27, 2023, 04:06:18 PM
 #132

I am extremely disciplined and very rational with the management of funds and gambling, although it was not like that in my early days, when I was very young, but luckily with time I understood what this is all about and not to put false hopes on it. I gamble infrequently, when I do I do it with low amounts that I can afford and usually a small percentage of the total I have in my account to make it last.

Experience can always be the best teacher in any case and still I think there will still be other possibilities for you or whoever it is not to do anything best or just choose and find the best way to solve the problem, because  on the other hand there are also those who have experienced bitter things in gambling but did not make any changes at all and they just spin in such a cycle of suffering, there is no better choice because the impetus of hope for something that is difficult to become possible is very high.

I understand that for the beginning  of involvement in gambling, beginners usually make a lot of mistakes whether it's in terms of the mindset and goals they bring or the way they do it which ultimately makes them end up disappointed. But I see you are doing so well, you are one  of those people who can take lessons from some bitter events and can make changes by implementing some preventive measures for a precaution so  that the  iimpact that you will experience next will not be too significant. I think your experience is worthy of emulation especially for those who are still struggling to achieve consciousness..

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November 27, 2023, 04:15:16 PM
 #133

Bankroll management is not actually easy when it comes to a serious gambler, for me, I have been experiencing of late, this urge that keeps me gambling when my real intention is to quit because I am not winning, that is, when I am on a long losing streak, maybe after having won a good amount of money, I feel like to quit but I have this urge pushing me to keep playing for I could win even more, and even when I manage to try to stop, I have this voice in me telling me to atleast, play more so I could win back money ive lost from my winning a moment ago, and the more I keep playing, the more I keep losing.

This is just gambling, and managing bankroll is something we must deal with, it is not easy but if a gambler must do well in gambling, he or she must know when to stop and stop, there is no trick or special way to do this, other than to just stop when stopping is really necessary.

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November 27, 2023, 04:27:13 PM
 #134

Bankroll management is not actually easy when it comes to a serious gambler, for me, I have been experiencing of late, this urge that keeps me gambling when my real intention is to quit because I am not winning, that is, when I am on a long losing streak, maybe after having won a good amount of money, I feel like to quit but I have this urge pushing me to keep playing for I could win even more, and even when I manage to try to stop, I have this voice in me telling me to atleast, play more so I could win back money ive lost from my winning a moment ago, and the more I keep playing, the more I keep losing.

This is just gambling, and managing bankroll is something we must deal with, it is not easy but if a gambler must do well in gambling, he or she must know when to stop and stop, there is no trick or special way to do this, other than to just stop when stopping is really necessary.

The gambler should keep their bank roll for the peacefull life,If the gambler had zero balance and get money some source.He should not gamble that money,he need to convert to fiat and use for the necessary things.If the gambler had enough money for the basic needs and expenses,he can use of the money to gambling.The gambling can be used to multile the money,but the fact is the gambling is not the easy to multile the money.So use the money for the immediate need as the priority and then use the gambling.Many gambler uses the needed money and worry at the end of the gambling.So gambling must be played with more care to get big win by emotionless game.

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November 27, 2023, 04:30:00 PM
 #135

Bankroll management is not actually easy when it comes to a serious gambler, for me, I have been experiencing of late, this urge that keeps me gambling when my real intention is to quit because I am not winning, that is, when I am on a long losing streak, maybe after having won a good amount of money, I feel like to quit but I have this urge pushing me to keep playing for I could win even more, and even when I manage to try to stop, I have this voice in me telling me to atleast, play more so I could win back money ive lost from my winning a moment ago, and the more I keep playing, the more I keep losing.

Bankroll management should not be that hard for a serious disciplined gambler, the only gambler that would be having a hard time to manage his bankroll are those who are compulsive gambler.  These gambler are having a hard time controlling their urge.  Aside from that, gamblers who succumb to their greed since they wanted to win more, they start chasing win that eventually turn to chasing losses.

This is just gambling, and managing bankroll is something we must deal with, it is not easy but if a gambler must do well in gambling, he or she must know when to stop and stop, there is no trick or special way to do this, other than to just stop when stopping is really necessary.

Being responsible gambler is the trick but obviously it is not that easy.
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November 27, 2023, 04:36:55 PM
 #136

But unfortunately, being able to consistently bet the same amount every time you play is something that is difficult for us to do. Because after we win, this often makes us even more ambitious to increase the bet amount. And that's when our ability to control the gambling we do is being tested.
Despite not being able to win consistently in gambling, you still have to be a responsible gambler and stop playing as soon as you hit the maximum amount of money you calculated you could lose. That is part of the bankroll management process. Bankroll management isn't about winning consistently, but about managing your money in a way it won't create financial problems for you later on another sectors of your life.

If you are a disciplined person, you are very likely to manage your bankroll properly, because the temptations which take gamblers to addiction and compulsive gambling won't have a very strong effect on you. Therefore, that is a trait which must be grown in every gamblers, so they can practice the activity they love so much without negative consequences for their lives.

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November 27, 2023, 04:43:59 PM
 #137

Bankroll management is not actually easy when it comes to a serious gambler, for me, I have been experiencing of late, this urge that keeps me gambling when my real intention is to quit because I am not winning, that is, when I am on a long losing streak, maybe after having won a good amount of money, I feel like to quit but I have this urge pushing me to keep playing for I could win even more, and even when I manage to try to stop, I have this voice in me telling me to atleast, play more so I could win back money ive lost from my winning a moment ago, and the more I keep playing, the more I keep losing.

Bankroll management should not be that hard for a serious disciplined gambler, the only gambler that would be having a hard time to manage his bankroll are those who are compulsive gambler.  These gambler are having a hard time controlling their urge.  Aside from that, gamblers who succumb to their greed since they wanted to win more, they start chasing win that eventually turn to chasing losses.

This is just gambling, and managing bankroll is something we must deal with, it is not easy but if a gambler must do well in gambling, he or she must know when to stop and stop, there is no trick or special way to do this, other than to just stop when stopping is really necessary.

Being responsible gambler is the trick but obviously it is not that easy.

When kt comes to the aspect of money management, i don't think most of us can even trust ourselves because gambling is a form of an entertainment that is always irresistible as long as we are having the money to be used for gambling, ow how can we now sit to develop a new technique that can help manage our bankroll each time we are up for gambling, we can claim to make this trick work for us being a responsible gaambler but everyone will also feels the same even though they are not, dealing with personal feelings is beyond the control of mouth.


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November 27, 2023, 05:04:24 PM
 #138

But unfortunately, being able to consistently bet the same amount every time you play is something that is difficult for us to do. Because after we win, this often makes us even more ambitious to increase the bet amount. And that's when our ability to control the gambling we do is being tested.
Despite not being able to win consistently in gambling, you still have to be a responsible gambler and stop playing as soon as you hit the maximum amount of money you calculated you could lose. That is part of the bankroll management process. Bankroll management isn't about winning consistently, but about managing your money in a way it won't create financial problems for you later on another sectors of your life.

If you are a disciplined person, you are very likely to manage your bankroll properly, because the temptations which take gamblers to addiction and compulsive gambling won't have a very strong effect on you. Therefore, that is a trait which must be grown in every gamblers, so they can practice the activity they love so much without negative consequences for their lives.

Having a sense of responsibility for the gambling activities we do and playing gambling without having to leave other responsibilities, of course it is an attitude and behavior that we must have. Because no one told us to play and no one forced us to play gambling, but ourselves who have determined and decided to plunge into the world of gambling. So that we ourselves must be able to take responsibility for this gambling activity.


So far I am still consistent and always stick to a principle that was made before deciding to plunge into the world of gambling. Which although indeed when talking about discipline and consistency this is a very difficult thing. But even so I must still be able to continue to be consistent with this principle. Because if not then the situation that I will face becomes very difficult. And the name is already experiencing addiction to gambling, so to get out of this condition is not something easy.

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November 27, 2023, 08:57:52 PM
 #139

#tbt topic
Good bankroll management will basically depend on how you understand the size of the bet, then you have to be very efficient in other points, such as playing time, among other things, mentioned before (others topics); sleep and eat correctly.

You will say, shit, what does eating and sleeping have to do with banking management, well, a healthy mind, healthy decisions, among other financial aspects, is a long path that is based on study and experience.

So, you can be managing your bankroll well for years but it only takes a couple of bets to destroy what takes years to build.

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November 28, 2023, 02:04:36 PM
 #140

~snip~
Continuing to practice such kind of discipline will allow you to avoid making big mistakes and lose a lot, experienced help if you take it seriously and by practicing it during the actual gambling participation, not just by words but by actions that will really give you that prevention to make that mistake and leave the casino with big regret behind.

You are the one who's controlling yourself, it's on you and how you will take that knowledge and use it as basis while playing /betting in the game.
That's true because practicing discipline in gambling at least gives us the opportunity to prevent problems from happening, and we also know what we have to do. If there are still gamblers who cannot learn good discipline, they should immediately leave gambling for a while while learning discipline so that later they will not get into any problems. We have to take care of ourselves, especially when using money to gamble, and we must not lose a lot of money just because of gambling.

And if we have good discipline, it will benefit us so that we don't spend the money in one day but we can use it on another day. This discipline is very necessary; even though there are still many gamblers who underestimate it, we don't need to follow them because when gambling, we have to be responsible for our money and ourselves.

~snip~
Like my previous statement, learning is always a good thing for a change and improvement but the problem is "Whether or not" is always about it, because it's useless if they just talk without taking any action to encourage the change to really happen, honestly for this problem is out of my control because only they know about when they have to be really serious in their changes, if indeed you are just talking nonsense it doesn't matter because however and any impact only you will feel it. Yes it's possible, sometimes maturity can also push them a little to reach the level of consciousness, if that's true it means they only have to wait for time to reach that consciousness slowly.

We must understand that getting out of the gambling zone or even addiction is not as easy as turning the palm of the hand, therefore it is quite impossible in my opinion for anyone to be able to recover completely in a short time, therefore simply if you already have the intention to get out of gambling activities then you must start trying to reduce it from now on so that in the next few months or even years you will be able to feel completely uninterested in gambling. So the point is true that they must be able to apply discipline and responsibility from now on to make it happen.
What is important is that there is awareness and action to do what they say so that they can really change their gambling habits so that there will be no problems whatsoever. Change is necessary, especially if the change is in a better direction than if we previously gambled carelessly. By having discipline in managing the budget for gambling, we can save the money from being spent in one day because we can save it and use it for another day. This is related to the level of maturity because someone who already understands that gambling is entertainment will not use gambling beyond its limits.

Getting out of the gambling zone requires a lot of effort, especially for those who have been gambling frequently for a long time. They must be able to overcome their desire to gamble, and perhaps by finding other activities, they can reduce their gambling activities so that they will not gamble too often. And our improved discipline will give us the opportunity to reduce gambling activities and focus more on doing other things. And when we can do that, we won't just stick to gambling to get pleasure because there are many pleasures that we may not have done or gotten.

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