What I've learned so far as a gambler

[ethereumhunter]

Its vital to realize "winning back loses" is illusionary. Gambling is unpredictable and often creates a deadly loop where the urge to win blinds people to increasing their risks. You may wonder why they persist. The gambler's fallacy is the mistaken idea that a succession of losses enhances the odds of winning. Wait, isnt this a distorted view?

Managing this requires knowledge and self-control. Learning from experiences requires recognizing odds and accepting loss. Gambling should be fun, not profitable. Can we teach this mindset? The answer is debatable. Its evident that without discipline and a true understanding of gambling dynamics, chasing losses keeps going down.

In gambling, we will only experience two things, winning and losing, where we will probably experience defeat more often, which will increase our emotions and if we don't realize it, which makes us continue gambling, we will only increase the risk of losing. If they have experienced a losing streak, they should be able to stop gambling and rest and not choose to continue gambling. That will only increase the chances of losing again and we won't be able to win.

For this reason, we need good self-control and discipline to be able to accept defeat and be able to stop ourselves from continuing to gamble. Many people have experienced big losses from gambling, so we must be able to prevent ourselves from experiencing big losses. If we can prevent it, it means we have good personal abilities and we must manage it better. We have so much to learn from gambling that it's like a never-ending lesson.

[Ever-young]

It is only a fool that will train his mind with the intention of tricking my own self. If I am gambling for money there is no need to deceive myself that I am catching fun. Believe it or not, there are still gamblers who gamble mainly because of the fun. I have also seen gamblers who have had good wins that changed their lives forever. Gambling could be entertaining if you have a budget and only use what you can afford to lose.    

I can only consider gambling as fun if I'm winning and making good profits, I mean whats the fun in loosing money, you can't be loosing money and look me in the eye telling me you're having fun   that's ridiculous OP.  Whether you use your planned budget or not, it still doesn't change the fact that loosing is no fun at all.
It's true that when we go to gamble, every gbler is optimistic about winning but very few prepare their mind for the losses, hence the reason and room for disappointment is created, because you can't be disappointee by what you say coming. So if I'm going to gamble, I foresee wins and loss and I expect them, if I run into luck for the day and make some good wins, then that's fun but if losses, I just believe it's not my day and I leave and there's really no fun I'm that.

[piebeyb]

For this reason, we need good self-control and discipline to be able to accept defeat and be able to stop ourselves from continuing to gamble. Many people have experienced big losses from gambling, so we must be able to prevent ourselves from experiencing big losses. If we can prevent it, it means we have good personal abilities and we must manage it better. We have so much to learn from gambling that it's like a never-ending lesson.

Yes, that's true, but if you want to prevent losses from gambling, the most important thing is to limit your budget and gambling time because so far I have learned from a lot of gambling, everything including self-control is very important, but limiting your budget is much more important, usually people People who limit their budget will consistently play without having to think about how to recover their losses, they will play and enjoy the game

I have been gambling all this time, only focusing on limiting my budget so that I can be consistent and can control myself from addiction and bad habits that other gamblers do, chasing losses and recovering from unnecessary losses, that's why the mindset is very necessary, always think of gambling as entertainment, nothing more than That.

[Dewi Aries]

For gamblers, greed is a problem that is difficult to avoid and has become a common major disease. When greed gets the best of them, they lose self-control and everything falls apart. Those who initially play with full self-control but they become shaky when they get a win with confusion should continue or stop. But most of those who continue their game because they follow the greed that is in them, and it is also their fault that they do not think about the risk of large losses and in the end they themselves experience large losses, therefore they must train themselves to strengthen their intentions and determination so that they do not easily waver by being tempted by bigger wins that have big risks too. At least if they get a win they should be able to control themselves by cashing it in, then they will not experience such a big loss.

bad conditions or illnesses that are difficult to avoid when gamblers become greedy when they win and when they get a loss or defeat a gambler becomes emotional chasing losses.
these 2 situations are very natural and indeed difficult to avoid, even professional gamblers sometimes feel this situation when their self control is neglected and on the one hand these situations arise naturally in our minds, even I myself still feel that way but fortunately I always remember that this is just a fancy game that I have to pay for pleasure.

thought patterns may play an important role in avoiding these bad situations, but all of this requires great strength to be able to stick firmly to commitments and control which must be strengthened with positive thoughts.

That's right, not only with beginners, but even an experienced gambler will feel these two things, because these two things are definitely in every everyone who gambles so they will feel it. Even if they are professionals, in my opinion it does not rule out the possibility that they do not experience these two things that have become common diseases that are common in gambling. The ease of greed that controls them so that many of them experience losses because they follow their greed, and self-control that is also neglected because they have been lulled by the big wins they will get, but unfortunately it's just a dream, which has a small chance of getting. The awareness you have is good, and you have to pay attention to it strongly not to be easily swayed by the situation when gambling that will harm yourself, consider all the things and actions you will take, don't be rash and don't take action carelessly because you also don't want losses to befall you, don't you think?
So as much as possible you have to defend what you have, don't lose what you already have, just keep it, fight it as best you can.

[Blitzboy]

For gamblers, greed is a problem that is difficult to avoid and has become a common major disease. When greed gets the best of them, they lose self-control and everything falls apart. Those who initially play with full self-control but they become shaky when they get a win with confusion should continue or stop. But most of those who continue their game because they follow the greed that is in them, and it is also their fault that they do not think about the risk of large losses and in the end they themselves experience large losses, therefore they must train themselves to strengthen their intentions and determination so that they do not easily waver by being tempted by bigger wins that have big risks too. At least if they get a win they should be able to control themselves by cashing it in, then they will not experience such a big loss.

bad conditions or illnesses that are difficult to avoid when gamblers become greedy when they win and when they get a loss or defeat a gambler becomes emotional chasing losses.
these 2 situations are very natural and indeed difficult to avoid, even professional gamblers sometimes feel this situation when their self control is neglected and on the one hand these situations arise naturally in our minds, even I myself still feel that way but fortunately I always remember that this is just a fancy game that I have to pay for pleasure.

thought patterns may play an important role in avoiding these bad situations, but all of this requires great strength to be able to stick firmly to commitments and control which must be strengthened with positive thoughts.

That's right, not only with beginners, but even an experienced gambler will feel these two things, because these two things are definitely in every everyone who gambles so they will feel it. Even if they are professionals, in my opinion it does not rule out the possibility that they do not experience these two things that have become common diseases that are common in gambling. The ease of greed that controls them so that many of them experience losses because they follow their greed, and self-control that is also neglected because they have been lulled by the big wins they will get, but unfortunately it's just a dream, which has a small chance of getting. The awareness you have is good, and you have to pay attention to it strongly not to be easily swayed by the situation when gambling that will harm yourself, consider all the things and actions you will take, don't be rash and don't take action carelessly because you also don't want losses to befall you, don't you think?
So as much as possible you have to defend what you have, don't lose what you already have, just keep it, fight it as best you can.

Not only can gambling ruin your finances, it can also ruin your mental health. Yes, the dream of a big win is appealing, but how things really are often is not what we expect. Remember that casinos arent built on people winning, but on people losing a lot of money. The feeling of being in charge can be very appealing, right?

We must not see gambling as a way to get rich, but as a way to have fun with a cost. Like when you buy a movie ticket, you pay for the thrill and the tension. Setting limits is important; see it as a hobby, not a way to make money. Can we change how we think so that losses aren't seen as mistakes but as the price of fun? Switching to this way of gambling might be better for you, but it will be hard.

[Weawant]

Not only can gambling ruin your finances, it can also ruin your mental health. Yes, the dream of a big win is appealing, but how things really are often is not what we expect. Remember that casinos arent built on people winning, but on people losing a lot of money. The feeling of being in charge can be very appealing, right?

We must not see gambling as a way to get rich, but as a way to have fun with a cost. Like when you buy a movie ticket, you pay for the thrill and the tension. Setting limits is important; see it as a hobby, not a way to make money. Can we change how we think so that losses aren't seen as mistakes but as the price of fun? Switching to this way of gambling might be better for you, but it will be hard.

Some persons get to learn the hard way the fact that gambling can ruin them that much, they literally get ruined in both their finance and mental he's before they now think towards applying caution to their gambling habit so as to mitigate the damage already but it turns out late in some cases.

Gambling shouldn't be regarded as a means of getting rich or a source of getting money rather it should been seem as an entertainment that will cost you a fee like you rightly described, I think if most gambler's begin to see it in such light they become better off gambling because just like the movie ticket you know when to stop and go home because you have had enough of the entertainment but in gambling because they are hoping to get something out it, they seem not to know when to stop.

[bitzizzix]

For this reason, we need good self-control and discipline to be able to accept defeat and be able to stop ourselves from continuing to gamble. Many people have experienced big losses from gambling, so we must be able to prevent ourselves from experiencing big losses. If we can prevent it, it means we have good personal abilities and we must manage it better. We have so much to learn from gambling that it's like a never-ending lesson.

Yes, that's true, but if you want to prevent losses from gambling, the most important thing is to limit your budget and gambling time because so far I have learned from a lot of gambling, everything including self-control is very important, but limiting your budget is much more important, usually people People who limit their budget will consistently play without having to think about how to recover their losses, they will play and enjoy the game

I have been gambling all this time, only focusing on limiting my budget so that I can be consistent and can control myself from addiction and bad habits that other gamblers do, chasing losses and recovering from unnecessary losses, that's why the mindset is very necessary, always think of gambling as entertainment, nothing more than That.

Not only that, apart from having to be able to control ourselves when gambling, we also have to play with full awareness. Because this awareness makes us unable to control ourselves so we don't gamble continuously which makes us experience many losses. Playing gambling must be done with full awareness so that we can control our emotions, and also have the ability to control ourselves so that we can master the game, not the game controlling us, and it is gamblers like that who are dangerous.
Playing at the right time and with sufficient capital is good gambling, because there is a time to gamble. And we have to bet when our conditions are good, so that we can enjoy the game in a relaxed and fun way where sometimes luck is always there.

[Negotiation]

It is only a fool that will train his mind with the intention of tricking my own self. If I am gambling for money there is no need to deceive myself that I am catching fun. Believe it or not, there are still gamblers who gamble mainly because of the fun. I have also seen gamblers who have had good wins that changed their lives forever. Gambling could be entertaining if you have a budget and only use what you can afford to lose.    

I can only consider gambling as fun if I'm winning and making good profits, I mean whats the fun in loosing money, you can't be loosing money and look me in the eye telling me you're having fun   that's ridiculous OP.  Whether you use your planned budget or not, it still doesn't change the fact that loosing is no fun at all.
It's true that when we go to gamble, every gbler is optimistic about winning but very few prepare their mind for the losses, hence the reason and room for disappointment is created, because you can't be disappointee by what you say coming. So if I'm going to gamble, I foresee wins and loss and I expect them, if I run into luck for the day and make some good wins, then that's fun but if losses, I just believe it's not my day and I leave and there's really no fun I'm that.

It's true that when you lose gambling it's really depressing and it's not fun anymore. But gamblers who can control themselves at that moment will be at less risk. There are many gamblers who bet more to win after losing then they have to be prepared to lose. It is important to plan for gambling and avoid those who have had gambling problems in the past this kind of sustainable focus is what makes the casino gambling industry viable in the long run and keeps all individuals safe from harm.

[AicecreaME]

It's really important to know risk assessment and management when you want to gamble. It's not enough that you have the money or the skills to win, but it's equally essential to know when it is worth it to bet and play, and when it isn't. Knowing when to stop and when to proceed with betting should be possessed by every gambler. This way, you won't be tricked by the house to shed more money than you are supposed to.

If you are already happy and you think you already profited, then you can go home instead of being so greedy to chase thousands of winning. It's better to go home with a not so high profit than nothing at all.

[nara1892]

It is only a fool that will train his mind with the intention of tricking my own self. If I am gambling for money there is no need to deceive myself that I am catching fun. Believe it or not, there are still gamblers who gamble mainly because of the fun. I have also seen gamblers who have had good wins that changed their lives forever. Gambling could be entertaining if you have a budget and only use what you can afford to lose.    

I can only consider gambling as fun if I'm winning and making good profits, I mean whats the fun in loosing money, you can't be loosing money and look me in the eye telling me you're having fun   that's ridiculous OP.  Whether you use your planned budget or not, it still doesn't change the fact that loosing is no fun at all.
It's true that when we go to gamble, every gbler is optimistic about winning but very few prepare their mind for the losses, hence the reason and room for disappointment is created, because you can't be disappointee by what you say coming. So if I'm going to gamble, I foresee wins and loss and I expect them, if I run into luck for the day and make some good wins, then that's fun but if losses, I just believe it's not my day and I leave and there's really no fun I'm that.

It's true that when you lose gambling it's really depressing and it's not fun anymore. But gamblers who can control themselves at that moment will be at less risk. There are many gamblers who bet more to win after losing then they have to be prepared to lose. It is important to plan for gambling and avoid those who have had gambling problems in the past this kind of sustainable focus is what makes the casino gambling industry viable in the long run and keeps all individuals safe from harm.

The common thing that I know about gamblers and their characters is that they want to win and don't want to lose, one of the reasons why they get depressed and stressed out when they lose is that they have too high expectations for something that is basically out of their control, which is why when they lose they get very depressed. I think things like that will really happen to those who are too serious in putting expectations by bringing the wrong mindset, on the other hand for people who are not too serious in gambling I think they will not experience things like that such as depression and some other pressures.

They have the right understanding of gambling and really know that it is just an activity that can produce if luck comes their way. Therefore, if you do not want to experience depression due to defeat then you must re-justify your mindset in gambling, do not put any expectations because the final result is always unpredictable. Simply put if you want to win then you must also be prepared to lose as you said, with that then I would call them responsible gamblers and not losers just expecting mercy from the casino for a win.

[arimamib]

Not only that, apart from having to be able to control ourselves when gambling, we also have to play with full awareness. Because this awareness makes us unable to control ourselves so we don't gamble continuously which makes us experience many losses. Playing gambling must be done with full awareness so that we can control our emotions, and also have the ability to control ourselves so that we can master the game, not the game controlling us, and it is gamblers like that who are dangerous.
Playing at the right time and with sufficient capital is good gambling, because there is a time to gamble. And we have to bet when our conditions are good, so that we can enjoy the game in a relaxed and fun way where sometimes luck is always there.

Being a gambler needs to have high self-awareness. Gambler should be aware of situation when to put big or small bets, when to stop, and else. A gambler must not continuously gamble without having time to cooling down, because that can make a gambler carried away by emotions.

Playing at the right time and with sufficient capital is good gambling, because there is a time to gamble and there is times to observe. And we have to bet when the conditions are good, so that the game is enjoyable in a relaxed and fun way where sometimes luck is always there.

[dexsport.io]

As the Web3 Betting platform we would advice betting the amount of money that you are not afraid to lose. It's like going to casino: you have to learn saying goodbye to the sum that you are not afraid to lose. Moreover, when you win, you get more happier with the final result.

And the most important thing is ALWAYS analyze everything before betting.

[Westinhome]

It's really important to know risk assessment and management when you want to gamble. It's not enough that you have the money or the skills to win, but it's equally essential to know when it is worth it to bet and play, and when it isn't. Knowing when to stop and when to proceed with betting should be possessed by every gambler. This way, you won't be tricked by the house to shed more money than you are supposed to.

If you are already happy and you think you already profited, then you can go home instead of being so greedy to chase thousands of winning. It's better to go home with a not so high profit than nothing at all.

The people who want to become the gambler,he need to understand the first thing is risk management.So the gambler should accept the risk in the gambling,the risk can be managed by following the experienced gamblers words in gambling.The fact was the new gambler was not ready to accept the words of the gambler because of the self ego towards the game.So the gambler can learn the gambling on their way is not the wrong one.But the important factor was the gambler ready to take risk of the money in the gambling.If they don't to take risk,better play the cash less game which doesn't charge some money and never give any dollars as the return.

[uchegod-21]

As the Web3 Betting platform we would advice betting the amount of money that you are not afraid to lose. It's like going to casino: you have to learn saying goodbye to the sum that you are not afraid to lose. Moreover, when you win, you get more happier with the final result.

And the most important thing is ALWAYS analyze everything before betting.

We get this advice almost all the time yet gamblers keep ignoring them. Most people who get depressed after losing a bet or game see gambling as a money doubling scheme. They can go as far as borrowing to gamble,  hoping to pay back once they double their money. Such people are causing more harm to themselves than good. Gambling is supposed to be a form of entertainment. Just like any other game, its either you win or you lose. If you use up the amount you initially set aside to gamble with,  go home! Chasing losses will only cost you more money. Until people's perception about gambling changes, they won't stop making costly mistakes while gambling .

[YOSHIE]

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's for sure, business is the best way to make good money, not only owning a casino, other things we can do can also earn a lot.

Talking to gamblers, in my opinion the human character in gambling, for me is varied, yes making money is one of the main goals, even though there are other factors they are involved in gambling, but whatever the reason, I also don't deny that they come to the casino just to relieve stress or something like looking for entertainment, because we have different traits and hobbies.

Here I have to say, the gambling industry can hypnotize users to a certain degree, depending on the situation for me the choice is up to you, the point is we have to be aware and think about what we are gambling for, whether it is driven by lust or our own instincts.

[Gozie51]

If you are already happy and you think you already profited, then you can go home instead of being so greedy to chase thousands of winning. It's better to go home with a not so high profit than nothing at all.

It is true, to have a little win is better than being greedy and losing everything. Gamblers need to learn how not to be greedy and to walk away when in some profit because in gambling there is no way you can stop your losses when it comes so the best is to take the advantage of a profitable day or bet so that the tempted to continue playing will not arise. The temptation to continue playing is always there when you see you have a profitable bankroll, so we need to be cautious against losing the profit we have. Giving to greed is such a problem for gamblers.

[SeriouslyGiveaway]

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.

It's really tough to overcome the mindset of stopping the game when you've just doubled your money. Most people think, "At most, it's just losing the profit.; my initial $200 is still there. Why not keep playing? I'm on a lucky streak." I would do the same, and I'm sure you've found yourself in such situations many times.
Winning too early and too easily makes us feel complacent and overly confident, making it challenging to stop playing right then and there.

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.

Poker is a game of wit and genuine psychology among players. The house can't influence our game unless one of the players colludes with the house. I really enjoy this game; during leisure time, my friends and I often prefer playing poker instead of diving into other red-black gambling games with the house.

[ethereumhunter]

Yes, that's true, but if you want to prevent losses from gambling, the most important thing is to limit your budget and gambling time because so far I have learned from a lot of gambling, everything including self-control is very important, but limiting your budget is much more important, usually people People who limit their budget will consistently play without having to think about how to recover their losses, they will play and enjoy the game

I have been gambling all this time, only focusing on limiting my budget so that I can be consistent and can control myself from addiction and bad habits that other gamblers do, chasing losses and recovering from unnecessary losses, that's why the mindset is very necessary, always think of gambling as entertainment, nothing more than That.

Limiting funds for gambling is a necessity that gamblers need to do to prevent large losses because in gambling, they will experience loss more often. And if they don't limit their funds for gambling, they will definitely experience a lot of losses so they will only regret it if they see that their gambling account has no more funds. We should not be triggered by other gamblers who can use big money to gamble because each person has different funds.

We as small gamblers, can only limit our budget and just like you, I also always limit my budget for gambling because I don't want to lose something I can't afford. And we must also always avoid recovering from loss or chasing the win because we already know that it is difficult to obtain. And rather than spending more money to recover previous losses, we should keep our budget limited.

[BitcoinTurk]

Can luck not play a bigger part in sports betting than we realize, even when analysis and information rule? Doesn't sports' unpredictability (weather, player psychology, unforeseen events)make even the best wager a gamble? We often overestimate our capacity to forecast outcomes, attributing success to talent and failure to luck. This cognitive bias can make us think we have more control than we do

However, isnt understanding when to stop the key to gambling, whether it's sports betting or slots? Human psychology is fascinatingly complex. The assumption that luck must shift or that one is due for a win keeps betting going. Isn't this psychological trap the true enemy, not gambling type? Cant self-awareness and control be the ultimate weapon in this conflict, more useful than sports or slot algorithms?

Although it isn't easy to explain this as a percentage, I think that analysis and knowledge have a greater share in sports betting than luck but as you mentioned the unpredictability of sports and some related conditions can turn even the best wager into gambling. For example, in the last match between Galatasaray and Bayern Munich, the odds for the over 0.5 were 1.001 before the match started and it was certain that there would be at least one goal in this match. Although the result was correct, the first goal came in the eightieth minute proving that a result that seemed guaranteed was actually a gamble.

On the other hand, to make a comment especially according to many gamblers, it is impossible to deny that everyone generally considers winning as success but losing as bad luck. In addition to the complexity of human psychology, the fact that people act in a profit-oriented manner when gambling is unfortunately a situation that many people cannot control. Unfortunately, thinking that it is a lucky day when one wins repeatedly or continuing to gamble to regain the lost amount in case of consecutive losses is an emotion that many people cannot control.

[Dewi Aries]

For gamblers, greed is a problem that is difficult to avoid and has become a common major disease. When greed gets the best of them, they lose self-control and everything falls apart. Those who initially play with full self-control but they become shaky when they get a win with confusion should continue or stop. But most of those who continue their game because they follow the greed that is in them, and it is also their fault that they do not think about the risk of large losses and in the end they themselves experience large losses, therefore they must train themselves to strengthen their intentions and determination so that they do not easily waver by being tempted by bigger wins that have big risks too. At least if they get a win they should be able to control themselves by cashing it in, then they will not experience such a big loss.

bad conditions or illnesses that are difficult to avoid when gamblers become greedy when they win and when they get a loss or defeat a gambler becomes emotional chasing losses.
these 2 situations are very natural and indeed difficult to avoid, even professional gamblers sometimes feel this situation when their self control is neglected and on the one hand these situations arise naturally in our minds, even I myself still feel that way but fortunately I always remember that this is just a fancy game that I have to pay for pleasure.

thought patterns may play an important role in avoiding these bad situations, but all of this requires great strength to be able to stick firmly to commitments and control which must be strengthened with positive thoughts.

That's right, not only with beginners, but even an experienced gambler will feel these two things, because these two things are definitely in every everyone who gambles so they will feel it. Even if they are professionals, in my opinion it does not rule out the possibility that they do not experience these two things that have become common diseases that are common in gambling. The ease of greed that controls them so that many of them experience losses because they follow their greed, and self-control that is also neglected because they have been lulled by the big wins they will get, but unfortunately it's just a dream, which has a small chance of getting. The awareness you have is good, and you have to pay attention to it strongly not to be easily swayed by the situation when gambling that will harm yourself, consider all the things and actions you will take, don't be rash and don't take action carelessly because you also don't want losses to befall you, don't you think?
So as much as possible you have to defend what you have, don't lose what you already have, just keep it, fight it as best you can.

Not only can gambling ruin your finances, it can also ruin your mental health. Yes, the dream of a big win is appealing, but how things really are often is not what we expect. Remember that casinos arent built on people winning, but on people losing a lot of money. The feeling of being in charge can be very appealing, right?

We must not see gambling as a way to get rich, but as a way to have fun with a cost. Like when you buy a movie ticket, you pay for the thrill and the tension. Setting limits is important; see it as a hobby, not a way to make money. Can we change how we think so that losses aren't seen as mistakes but as the price of fun? Switching to this way of gambling might be better for you, but it will be hard.

It's true, there will be many things that are harmed because of gambling. the main thing is money, gambling will damage their financial aspects and also mental health which is like you said, they are addicted to gambling will harm many things, money, health, time and even relationships but they will not realize that. because gambling makes them forget about many other things that should have been their responsibility. Gambling responsibly is interesting, because they can gamble with limits that can minimize the risk of losing and that is also not a bad thing, so they should be able to gamble responsibly.

They should gamble just for fun,  if to become rich they have to work hard to get a lot of money, they can get rich by gambling but the chances are very slim. It is like that, money is the medium of exchange with the thrill in the game, but many people make the wrong assumption by looking for profits in gambling. It is true that you said that you have to set limits on gambling, although it is difficult I think it should be done to reduce the amount of budget spent on gambling.