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Author Topic: What I've learned so far as a gambler  (Read 2702 times)
danherbias07
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November 17, 2023, 03:44:52 PM
 #21

That's true. Greed is a damn backstabber.
I got x5 of my capital last week and I kept on playing like there's no tomorrow. I earned it all in a week of gambling casinos jumping from one game to another. Until in just one day it was all taken from me like the wind blowing all the cash that I had. When I reached just x3 of profits that's when I got mad that I wanted to bring it back to x5 one more time. But it doesn't work like that, there's a chance you will lose more and that chance is high enough that it will really happen in just a day or worse, an hour or two. And then when my profit went to x2 I got so angry and I started betting without even thinking about what was happening.

Greed can cloud our minds and so does chasing all those profits that we received at the start of our gambling. Casino games mostly give profits at an early stage but when you keep on going they will take everything, and I mean everything including your capital.

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Nerdy doctor
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November 17, 2023, 03:46:18 PM
 #22

If you’re lucky enough to double whatever amount you’ve got on you, that’s a big win and it’s best to go home at that point. An average person would feel lucky enough to continue playing as they believe they’re on a lucky streak having won the first round. This is usually where the decline starts.

I do think people visit the casinos to have fun and perhaps pass the time as well as trying to win some money.
If you want to make money with gambling, own a casino. Very wise words indeed. This is for people who think they can earn an income from gambling.

Findingnemo
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November 17, 2023, 03:46:28 PM
 #23

If you walk into a casino with $200 and you start playing with that $200 and you win $200, get the hell out, you simply just doubled your money, take your goddamn leave, what do you think you wanna do? Win a million dollars? You will go home empty handed.

This is what makes gambling a more interesting and long-lasting business model for centuries.

The important lesson that I learned so far with my little experience as being a gambler, never to walk into a casino with $200 if you are not willing to lose that $200 is the primary thing.

The desperation for the win at the time of loss makes people lose their temper as well and chasing the loss after streaks of loss is the worst thing that a gambler to do.

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SUPERSAIAN
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November 17, 2023, 03:49:17 PM
 #24

That's why casinos do their best to keep you long, you can't beat the algorithm, it's true. If you want to have fun, you have to leave as soon as you double the 200 dollars. If you reset that money, you will be more stressed and your day will be ruined. When you know how to stop yourself, you act virtuously.

If fueling that pleasure is not enough for you, unfortunately, you have already lost. Greed is such a bad thing that a hungry man knows how to feed himself, but a greedy person ruins everything and even pulls the people around him into this disaster.

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benalexis12
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November 17, 2023, 03:50:58 PM
 #25

If you walk into a casino with $200 and you start playing with that $200 and you win $200, get the hell out, you simply just doubled your money, take your goddamn leave, what do you think you wanna do? Win a million dollars? You will go home empty handed.

The next thing that rings in your ear is you can still win another or more, that's the devil whipsering, the art of gambling is knowing when to stop.

The only game where you have some power is in Poker, not the online one, this is the best game in casinos, as making profits off of bad players is possible.

As for Other games, You are at the mercy of the house.

No one actually visits the casino to have fun, you gotta trick the mind, I like to think of it has a fun night out and I am going to spend a few hundred dollars and have a good time and if I win it's a bonus, like I've said, you gotta trick the mind.

Always remember this, you are there to win a game where its statistically impossible to win at, it's not impossible to not understand this about gambling, a wise man once said, "if you want to make money with gambling, own a casino".

That is exactly what a gambler should do. The only problem is that most gamblers who experience it become greedy for money or change their perspective when they win a huge sum at the start of their game. They immediately feel wealthy and anticipate even greater riches.

So, because they persevered and with their greed, they will not see that when they lose the next bet, they will win and recover their losses, but what is occurring in fact is that these gamblers chase their losses without recognizing the amount they lost.

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November 17, 2023, 03:56:01 PM
 #26

I agree with you, given the fact that winning in a casino is something of great difficulty, so when a person wins, even if it is 30% of the money he put into the casino, that person needs to stop playing and withdraw, be very careful when return to playing at the casino, ideally, when that person returns to play at the casino, they play with only the 30% profit they made in the last section. This could allow the person to at least be playing without being at a disadvantage. now things have become dire if or when that person loses the 30% profit they made in the last section and has to put more money in their pocket

When this happens and that person loses money, then that person is already in a loss scenario, he will put money in and will lose and the cycle will continue until the day he stops playing forever or becomes bankrupt if he insists on playing with goals. to recover lost money. I always say that a person will make a profit at the casino when that same person has the great luck of winning a lot to the point of covering all their losses since they started playing at the casinos and then stopping playing at the casino, and when I talk about stopping playing, I mean never playing again. now when a person wins a lot of money and continues playing, then it is unlikely that they will end up with a profit, all the money they won will stay in the casino

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November 17, 2023, 03:59:31 PM
 #27

Come one, degenerate gambler.

We come to conquer and take casino money as much we can, 200$ is not enough to pay the bill ~XD Go get 10,000$ and moving on to other casino. In-case you lose, at least the first casino are on net-negative.

Just add some joke on these.

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November 17, 2023, 04:22:38 PM
 #28

If you walk into a casino with $200 and you start playing with that $200 and you win $200, get the hell out, you simply just doubled your money, take your goddamn leave, what do you think you wanna do? Win a million dollars? You will go home empty handed.

You are right in a way but I think the most important thing is what your capital of $200 mean to you and your finances. If it is some money you can afford to lose  without it getting at your emotion, well I don't see anything wrong with continuing to gamble even after doubling the money. Some people go to the casino with the target of using small amount like the $200 to win big amount like $20k. For someone with such target, he will continue and will not care if everything is lost.

On the other hand, if $200 is such a great amount for the gambler, then doubling the capital is a huge achievement that demands staying away from gambling for a while.

Always remember this, you are there to win a game where its statistically impossible to win at, it's not impossible to not understand this about gambling, a wise man once said, "if you want to make money with gambling, own a casino".
I don't know how you come by this conclusion that the game is statistically impossible to win, that word does not sound nice to my ears. There have been successful gamblers worth millions of dollars, so I don't know where this impossibility is coming from. I know gambling is not an easy game to win but it is not impossible.

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November 17, 2023, 04:26:45 PM
 #29

If you’re lucky enough to double whatever amount you’ve got on you, that’s a big win and it’s best to go home at that point. An average person would feel lucky enough to continue playing as they believe they’re on a lucky streak having won the first round. This is usually where the decline starts.

I do think people visit the casinos to have fun and perhaps pass the time as well as trying to win some money.
If you want to make money with gambling, own a casino. Very wise words indeed. This is for people who think they can earn an income from gambling.
That there is when the greed starts to kick in, because most people are just confused when the winning starts coming. The whole mentality changes in just a matter of minutes when they first experience the win and I think every gambler is guilty in this thought cause I believe all humans have some greed no matter how little it is, it then become a matter of how well you can resist the greed and stick to your plan because if let that thought of winning more keep playing in your head then latter would be the case and bet me you will definitely lose everything you started with.
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November 17, 2023, 04:50:13 PM
 #30

I agree with you, given the fact that winning in a casino is something of great difficulty, so when a person wins, even if it is 30% of the money he put into the casino, that person needs to stop playing and withdraw, be very careful when return to playing at the casino, ideally, when that person returns to play at the casino, they play with only the 30% profit they made in the last section. This could allow the person to at least be playing without being at a disadvantage. now things have become dire if or when that person loses the 30% profit they made in the last section and has to put more money in their pocket

When this happens and that person loses money, then that person is already in a loss scenario, he will put money in and will lose and the cycle will continue until the day he stops playing forever or becomes bankrupt if he insists on playing with goals. to recover lost money. I always say that a person will make a profit at the casino when that same person has the great luck of winning a lot to the point of covering all their losses since they started playing at the casinos and then stopping playing at the casino, and when I talk about stopping playing, I mean never playing again. now when a person wins a lot of money and continues playing, then it is unlikely that they will end up with a profit, all the money they won will stay in the casino

This precaution can only be taken when you, as a gambler, have discipline and play responsibly in casino gaming. Because if we don't have any self-control and can't control our emotions, it's no wonder that greed enters our bodies.

We should really learn to be satisfied that if we win, we stop immediately, whether it's big or just the right amount, and at least you have brought home a profit from gambling; after all, it's just pure luck-based.



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November 17, 2023, 04:56:16 PM
 #31

I agree with you, given the fact that winning in a casino is something of great difficulty, so when a person wins, even if it is 30% of the money he put into the casino, that person needs to stop playing and withdraw, be very careful when return to playing at the casino, ideally, when that person returns to play at the casino, they play with only the 30% profit they made in the last section. This could allow the person to at least be playing without being at a disadvantage. now things have become dire if or when that person loses the 30% profit they made in the last section and has to put more money in their pocket

When this happens and that person loses money, then that person is already in a loss scenario, he will put money in and will lose and the cycle will continue until the day he stops playing forever or becomes bankrupt if he insists on playing with goals. to recover lost money. I always say that a person will make a profit at the casino when that same person has the great luck of winning a lot to the point of covering all their losses since they started playing at the casinos and then stopping playing at the casino, and when I talk about stopping playing, I mean never playing again. now when a person wins a lot of money and continues playing, then it is unlikely that they will end up with a profit, all the money they won will stay in the casino

This precaution can only be taken when you, as a gambler, have discipline and play responsibly in casino gaming. Because if we don't have any self-control and can't control our emotions, it's no wonder that greed enters our bodies.

We should really learn to be satisfied that if we win, we stop immediately, whether it's big or just the right amount, and at least you have brought home a profit from gambling; after all, it's just pure luck-based.
Satisfaction does not only come with winning but also with losing. If you have consumed the amount you allotted for that day, that should be enough if self discipline would be imposed. But if not you’ll just be tempted to play more with a purpose of getting back with what you have lost. Losing is more certain in gambling which is why imposing self discipline such as setting a limit with the amount you could bet, would be a huge thing in your career as a gambler. Chasing winning bets is a normal thing but the way you would chase it such as being frustrated to meet such feat, will never be a good thing to do.

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November 17, 2023, 05:40:10 PM
 #32

Taking $200 to the casino will make me forget that I need to save that $200, not to use all the money in just one night. It would be a stupid thing for me to do if I did it because all this time, I only gambled small. Spending a few hundred dollars is not worth it for me because I have to allocate a certain amount of funds to many things so it only leaves me with a small amount of money that I can use for gambling. If I could have more money, I could use more money than usual to gamble. But again, that is if I can reduce my expenses but if not, I will not gamble at all and choose to use it to meet my daily needs only. There are still many other days to gamble and of course, I definitely have money to gamble. The important thing is that gambling is for fun and not to make money because that will definitely make you forget to stop gambling.

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November 17, 2023, 05:58:32 PM
 #33

Responsible gamblers do not only know not to chase their losses but also know when to take what they have won to leave the casino with it. On some days, you should be able to enjoy the pleasure of winning even if it is not so much and avoid the temptation of being tempted to play more. In summary a gambler should have good self control.

This dual awareness reflects a mature approach to gambling, emphasizing not just self-control in avoiding potential downturns but also the ability to gains. Knowing when to walk away is a crucial skill, that leads to preventing excessive use and taking care of financial prudence. Responsible gambling is not solely about avoiding pitfalls; it also entails strategic decisions, ensuring that favorable outcomes are not overshadowed by the allure of continued play. It underscores a balanced and thoughtful approach to gaming that prioritizes both enjoyment and fiscal responsibility.

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November 17, 2023, 06:04:22 PM
 #34

Yeah get the hell out once you hit the lucky winning and get a break,  most gamblers who become heavy losses are those who have refused to work on their greed level to avoid such manipulation and thoughts of making more winning after their lucky hit,  if you gamble with $200 and you are lucky to have wagered the entire amount and won at once,  I think the best thing to do at that point is to take a bow and enjoy your first luck.

Continuing after that may amount into losses,  but we may also have some gamblers who may be smart enough to make a multiple wins and for such it becomes clear that what the outcome of a bet is,  is as a result of the ability of the gambler to make the right games selection at all time.
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November 17, 2023, 06:29:56 PM
 #35

A single person never gets contented most specially when it comes to money accumulation. If you are a winning gambler, the best decision is to leave the casino immediately and never be tempted to bet again. But what is happening is the opposite. You chose to chase more of your luck because once you win the second time, that means you gain more and earn more.

However in gambling, there are no second chances. If you win, just leave. Otherwise, once you decide to continue gambling, I don't know if it's a curse that you will resort into losing and return back all the profits to the casino's house, but that really happens when you tend to become more greedy and become unsatisfied with what you have already won and gained.

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November 17, 2023, 06:35:32 PM
 #36

Don't forget about sportsbetting and it's not just only poker that you've got the power to decide whether you can analyze and at least add some percentage rate of winning. And for those that have been winning that much and don't know how to pick their bankroll from that part and continue going on with their profit, it's always the hard case in gambling.

You don't see yourself doing such because all you want to think about is winning. That's being over optimistic with your run and that's the usual minds of most gamblers. It's not only about having fun but it is also about winning and making money in gambling even though many folks always say that you just have to have fun as you gamble.

You want to have fun and don't want to make money. Those are two different things although we cannot push to win everyday but having the mentality of it's okay to lose, you shouldn't gamble and just do some other things to have fun so that you won't waste your money in gambling.

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November 17, 2023, 06:50:33 PM
 #37

No one actually visits the casino to have fun, you gotta trick the mind, I like to think of it has a fun night out and I am going to spend a few hundred dollars and have a good time and if I win it's a bonus, like I've said, you gotta trick the mind.

You're kind of talking out both sides of your mouth. First you say no one really goes to casinos just to have a good time.  But then you turn around and say make your brain think it's an fun night out. and  So which is it?
I think casinos can be a fun if you want them to be.  Theres nothing wrong with looking at it as entertainment rather than some mission to strike it rich.  I mean sure, winning money is great.  But you can still have a good time even if you don't hit the jackpot.

Always remember this, you are there to win a game where its statistically impossible to win at, it's not impossible to not understand this about gambling, a wise man once said, "if you want to make money with gambling, own a casino".

If it's statistically impossible to win, how did you win that first $200 you mentioned at the beginning?

R


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November 17, 2023, 06:58:57 PM
 #38

If you walk into a casino with $200 and you start playing with that $200 and you win $200, get the hell out, you simply just doubled your money, take your goddamn leave, what do you think you wanna do? Win a million dollars? You will go home empty handed.

The next thing that rings in your ear is you can still win another or more, that's the devil whipsering, the art of gambling is knowing when to stop.

The only game where you have some power is in Poker, not the online one, this is the best game in casinos, as making profits off of bad players is possible.

As for Other games, You are at the mercy of the house.

No one actually visits the casino to have fun, you gotta trick the mind, I like to think of it has a fun night out and I am going to spend a few hundred dollars and have a good time and if I win it's a bonus, like I've said, you gotta trick the mind.

Always remember this, you are there to win a game where its statistically impossible to win at, it's not impossible to not understand this about gambling, a wise man once said, "if you want to make money with gambling, own a casino".
Tricking up your mind would really be the most challenging thing in the first place on which it is really that true that once you do mold up that kind of interest specially on having that kind of approach when it comes on making money, despite on telling yourself that you are just doing it for the sake of fun but still it would really be still boils down into the sense that you would really be that playing for the sake of money.
Of course there would really be notable differences in between those gambling games which are strategic compared into those who are really that relying on pure luck. You cant really just that
make yourself that able to deny such manner.

House do always win at the end and its just that right that you shouldnt really be that too confident on dealing up with things that arent really that minding about on how you would gonna spend your money.
Although there are really people who do really play just for fun on which they would really be that playing for the sake of leisure but of course not everyone would really be like that.
Majority of us would really be that playing for making money which its a pretty obvious approach.

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November 17, 2023, 07:05:59 PM
 #39

If you walk into a casino with $200 and you start playing with that $200 and you win $200, get the hell out, you simply just doubled your money, take your goddamn leave, what do you think you wanna do? Win a million dollars? You will go home empty handed.

The next thing that rings in your ear is you can still win another or more, that's the devil whipsering, the art of gambling is knowing when to stop.
This is the lesson that you have learnt but for some other people, it maybe a different lesson that they should continue playing and they will win more because out of experience they have actually won more. It all depends on how much risk that the gambler can take so what may not work for you may work for the other person. However this is a general lesson do not try double your winnings after an initial win.

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Spaceman1000$
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November 17, 2023, 07:06:52 PM
 #40

If you walk into a casino with $200 and you start playing with that $200 and you win $200, get the hell out, you simply just doubled your money, take your goddamn leave, what do you think you wanna do? Win a million dollars? You will go home empty handed.

The next thing that rings in your ear is you can still win another or more, that's the devil whipsering, the art of gambling is knowing when to stop.

The only game where you have some power is in Poker, not the online one, this is the best game in casinos, as making profits off of bad players is possible.

As for Other games, You are at the mercy of the house.

No one actually visits the casino to have fun, you gotta trick the mind, I like to think of it has a fun night out and I am going to spend a few hundred dollars and have a good time and if I win it's a bonus, like I've said, you gotta trick the mind.

Always remember this, you are there to win a game where its statistically impossible to win at, it's not impossible to not understand this about gambling, a wise man once said, "if you want to make money with gambling, own a casino".

A gambler that knows what his doing, knows when to stop.  A lot of times, you can actually go to casino with that same $200 and you will end up not winning a dime. So for you to even double your invest by gaining another $200, that's a plus to you. So like you said, the best thing is to leave after a successful win,  don't let the devil trick you to stay a second,You can fight another day.

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