What I've learned so far as a gambler

[target]

casino was not created to make you rich overnight. But if you insist in playing more, you might end up emptying your account just to try recovering from the loss, and this greed is one of the major problem most gamblers have.

that's what gambling management made, to reduce risk and manage you mentally to play more and more over time. Let's just think the gambling as a game that will make you happy, don't burdening your life to increase your wealth from gambling, because it seems mission impossible especially if the player is still newly registered and directing it from referral. I think it's a global problem, and comprehensive if a new person in the gambling world just thinks of multiplying his capital in 1 night.

They will make you win at the first time and I think that's what makes it more inviting. Just recently, I won like 10x of my capital even though I am betting just small amounts. I was also shocked at how it happened because I was expecting to lose all the time. But, when you keep on betting, gambling sites will definitely take it back without us realizing it because our aim is to just get our money back.
I even questioned how the RTP works but you cannot do that, especially in a risky environment like gambling. It's not an investment that we can fight our way for management to answer our questions. This is gambling and we should know the risk we are taking while making our bets.
There's no such thing as winners in gambling unless we know when to stop. Discipline. But I doubt that can be seen in gamblers because we are always greedy and want better profits than what we already have.

Isn't it more healthier to believe that you will lose your money everytime you gamble? I also do the same and when the unexpected happens I am always shocked and I slowly click on withdrawal to get the money out until I am ready to gamble another day, the reason why you win when gambling is to brainwashed you into thinking that you are just getting started, more winning on the way.

Before you know what's going on, all the money you just win will be taken from you again, you don't want to mess with the casinos, they know what they are doing, so when win comes unexpectedly it's time for you to take your profit and maybe quit for that day and try again on another day.
Gambling is not an asset that you can invest your money on, it's gambling, basically a game of trying your luck, it's all written over it, meaning you won't always win every time, I wholeheartedly believe that playing with small amount of money makes you the best gambler, don't get your mind fixed on winning and don't use what you can't afford to lose.

It seem to have happened every time. I deposit $20 for dice and then turned it into $50 and the next hour all are gone through the losing streak. This doesn't happen in sports betting though so there is a chance that you may successfully win in more than a day in sports if luck permits.

You just gotta withdraw every time so you got your capital back and no regrets in time when you lost it all.

[oktana]

Wow. So much guts to even gamble with $200 at once . I don’t advise anyone to directly stake their $200 at once. Instead of that, you can stake $20 and try to double that. I know that on your way to the $200 extra, you’ll lose some of the bets, but gradually you can get there. It’s better to slowly win or even slowly lose (if luck isn’t on your side that day) than a one shot 50/50 chance of losing all the money. But I get what OP is trying to say; don’t be greedy, don’t think you can build castles overnight, 2 times your money is enough to leave and be content, and I agree.

[piebeyb]

People who are wise in gambling, they can control themselves when they win or lose, because with self-control they are able to limit their own gambling.

If you can control yourself when gambling, you will definitely avoid gambling addiction. We know that addiction is difficult to cure, which is why it is important to manage your emotions and control yourself when gambling. Don't be reckless in taking unnecessary actions when gambling, for example trying to recover money lost from losses. because it will only continue to drain more of the money we have.

That's why it's important to play responsibly and wisely in limiting bets when gambling so that you don't go beyond the limits which will end up playing emotionally and seem careless. Gambling is not just about money and winnings, but taking advantage of it. The most important thing is to always limit every budget and Time when gambling is very important to limit yourself.

[Makus]

Wow. So much guts to even gamble with $200 at once . I don’t advise anyone to directly stake their $200 at once. Instead of that, you can stake $20 and try to double that. I know that on your way to the $200 extra, you’ll lose some of the bets, but gradually you can get there. It’s better to slowly win or even slowly lose (if luck isn’t on your side that day) than a one shot 50/50 chance of losing all the money. But I get what OP is trying to say; don’t be greedy, don’t think you can build castles overnight, 2 times your money is enough to leave and be content, and I agree.

I agree with you that starting a gambling or depositing with higher figure will only make you to either have high wins or high loss, so its better to start with a small amount or gamble with small amount because, the feeling of playing more to recover from your lost might occur and you might end up emptying your account just to recover from your loss, I often gamble with small amount of money so as to control my the feeling of playing to recover, that feeling is one of the reasons some person are called irresponsible gambler and with that tittle on your head I don't think it will portray good example when your being described.

[oktana]

Wow. So much guts to even gamble with $200 at once . I don’t advise anyone to directly stake their $200 at once. Instead of that, you can stake $20 and try to double that. I know that on your way to the $200 extra, you’ll lose some of the bets, but gradually you can get there. It’s better to slowly win or even slowly lose (if luck isn’t on your side that day) than a one shot 50/50 chance of losing all the money. But I get what OP is trying to say; don’t be greedy, don’t think you can build castles overnight, 2 times your money is enough to leave and be content, and I agree.

I agree with you that starting a gambling or depositing with higher figure will only make you to either have high wins or high loss, so its better to start with a small amount or gamble with small amount because, the feeling of playing more to recover from your lost might occur and you might end up emptying your account just to recover from your loss, I often gamble with small amount of money so as to control my the feeling of playing to recover, that feeling is one of the reasons some person are called irresponsible gambler and with that tittle on your head I don't think it will portray good example when your being described.

Right. However, Gambling with a large amount like $200 isn’t bad or wrong tho. For me, I just don’t advise anyone to do that. There are some people who are really brave and love to take risk, some of them are usually lucky and things tend to work for them. But if you know that there’s a lot to do with $200 (like me), better don’t stake it in the first place because what usually hurts when one loses is the recognition of the problems that money could have solved.

About the irresponsible gambler title, it’s best to keep your winnings and losses to yourself. If you tell people how you risked $xxx, they’ll say you’re irresponsible and don’t know what to do with money. If you also tell them you risked $xxx and won 10x, they’ll congratulate you saying you’re a courageous person and they may even start telling you their life problems, so you can help. Best to stay on your own.

[ethereumhunter]

It seem to have happened every time. I deposit $20 for dice and then turned it into $50 and the next hour all are gone through the losing streak. This doesn't happen in sports betting though so there is a chance that you may successfully win in more than a day in sports if luck permits.

You just gotta withdraw every time so you got your capital back and no regrets in time when you lost it all.

I've experienced something like you before. And this is indeed the temptation of gambling that can make us return to gambling even though we have won quite a lot. But because greed comes when we win, we forget to stop gambling immediately and it makes us decide to continue gambling. This makes us experience big losses because we instead use the winning money to continue gambling without any desire to withdraw the winning money and only leave a small amount of money. We really become greedy when we win a lot of money. That is a valuable lesson that we must always remember so that we don't do it again and can withdraw the winnings.

[Volimack]

There is no end to learning from gambling as you go up you will see both its success and its horrors. Some are getting success by gambling and some are so engrossed in the world of gambling that they don't think about their family and society they become worse day by day and make their life miserable. If a person is not responsible even if he learns it will not be useful. Learning about the downsides of gambling along with managing your life properly will reduce the damage.

[Weawant]

There is no end to learning from gambling as you go up you will see both its success and its horrors. Some are getting success by gambling and some are so engrossed in the world of gambling that they don't think about their family and society they become worse day by day and make their life miserable. If a person is not responsible even if he learns it will not be useful. Learning about the downsides of gambling along with managing your life properly will reduce the damage.

The longer you stay gambling the more experienced you turn out gambling, but this still doesn't guarantee wins gambling, it only gives you an edge especially in making certain picks and mistakes which a novice would make naturally but with your experience you could avoid such.

Learning is something that applies all round in our daily activities in life generally, we don't only apply learning in gambling alone but aswell in other aspects of our lives. Staying disciplined is one factor that enhances responsibility, if a gambler isn't discipline enough they can never be able to gamble responsibly, they will be reckless even with lay down guides, but if they are disciplined, they gamble responsibly.

[junder]

People who are wise in gambling, they can control themselves when they win or lose, because with self-control they are able to limit their own gambling.

If you can control yourself when gambling, you will definitely avoid gambling addiction. We know that addiction is difficult to cure, which is why it is important to manage your emotions and control yourself when gambling. Don't be reckless in taking unnecessary actions when gambling, for example trying to recover money lost from losses. because it will only continue to drain more of the money we have.

That's why it's important to play responsibly and wisely in limiting bets when gambling so that you don't go beyond the limits which will end up playing emotionally and seem careless. Gambling is not just about money and winnings, but taking advantage of it. The most important thing is to always limit every budget and Time when gambling is very important to limit yourself.

Avoiding gambling addiction is actually easy if we have boundaries and a strong stance on gambling, it's just that many people can't control themselves so they can't limit themselves in gambling making them addicted to chasing their lost money. the possibility of those who do not have gambling restrictions, they are easily attracted to gambling so they don't think about the risk of losing a lot of money. It is unfortunate that they are already addicted to gambling, of course this is not a good thing if they are already addicted to gambling. So we should gamble reasonably not to exceed the obvious limits that will harm us. As much as possible we should be able to have limits in gambling because that can help us ourselves not with others.

Many things will be harmed if you are addicted to gambling. Gambling addiction can occur because they cannot control their emotions when they lose, because they cannot accept the defeat they get makes them irresponsible in gambling. No one else is influential in gambling, because other people can only give advice the rest of the full control is in us. So it's best to accept advice and input from others for consideration so as not to become addicted to gambling.

[len01]

-snip

First of all no matter how much you lose in gambling whenever you play a new game or win a new bet you should come with the positive mind set. The reason is that whatever work you do or the game you play if you have positivity they are more chances that luck will favour you and you will win that bet.

Yes there are many things like money management , being responsible but one thing which analysed that will make you healthy gambler and a positive gambler is that when you gamble you should always come up with opposite frame of mind.

a positive mindset is very important in gambling and that what I mean, it is very important that we instill a healthy mindset to avoid any bad impacts in gambling and related to a positive mindset that will bring luck and victory, I think this can be done in sports betting only because with a calm mind and healthy thinking, we will be able to analyze more accurately to find the biggest opportunity on which team we will bet on to win.
but if we relate a healthy mindset to casino games such as slot, dice, etc. which are related to luck, I think we will get the same results and its just that a healthy mindset can protect us from bad things like chasing losses.

[OgNasty]

OP makes solid points and it is good to be sharing the knowledge you’ve learned. I especially enjoyed the last line of the original post as that is surely the best way to make money from the gambling industry. I would just urge everyone to continue learning about things they enjoy, regardless of what it is or if there’s money at stake.

[TopTort777]

Thing I've learned right now - welcome bonuses have expiration dates Thought that I am the smartest and gonna combine welcome bonus (requires wagering) + free spins + xmas daily promotion, and failed Turns out I have registered several months ago (to test casino) and my bonus expired 7 days after registration. Next time I would be more attentive, as now, to be able to withdraw, I need to wager 

[Betwrong]

~ Gambling is not an asset that you can invest your money on, it's gambling, basically a game of trying your luck, it's all written over it, meaning you won't always win every time, I wholeheartedly believe that playing with small amount of money makes you the best gambler, don't get your mind fixed on winning and don't use what you can't afford to lose.

That's what I believe too. When I win 1,000x of my bet and it's only $200, or even less than $10 in dice, people say to me, imagine if you bet much bigger. And I say to them, yeah I can imagine that, I could bet $1k and win a million. But then again, if I were accustomed to bets like that, I don't think I'd live to see that 1,000x, if you know what I mean. What I've learned so far as a gambler is that the smaller your bets, the longer you live.

[Accardo]

People who are wise in gambling, they can control themselves when they win or lose, because with self-control they are able to limit their own gambling.

If you can control yourself when gambling, you will definitely avoid gambling addiction. We know that addiction is difficult to cure, which is why it is important to manage your emotions and control yourself when gambling. Don't be reckless in taking unnecessary actions when gambling, for example trying to recover money lost from losses. because it will only continue to drain more of the money we have.

That's why it's important to play responsibly and wisely in limiting bets when gambling so that you don't go beyond the limits which will end up playing emotionally and seem careless. Gambling is not just about money and winnings, but taking advantage of it. The most important thing is to always limit every budget and Time when gambling is very important to limit yourself.

Avoiding gambling addiction is actually easy if we have boundaries and a strong stance on gambling, it's just that many people can't control themselves so they can't limit themselves in gambling making them addicted to chasing their lost money. the possibility of those who do not have gambling restrictions, they are easily attracted to gambling so they don't think about the risk of losing a lot of money. It is unfortunate that they are already addicted to gambling, of course this is not a good thing if they are already addicted to gambling. So we should gamble reasonably not to exceed the obvious limits that will harm us. As much as possible we should be able to have limits in gambling because that can help us ourselves not with others.

Many things will be harmed if you are addicted to gambling. Gambling addiction can occur because they cannot control their emotions when they lose, because they cannot accept the defeat they get makes them irresponsible in gambling. No one else is influential in gambling, because other people can only give advice the rest of the full control is in us. So it's best to accept advice and input from others for consideration so as not to become addicted to gambling.

Your last line is important in neglecting gambling addiction. I mean, there've been millions of pieces of advice circulating the net about how to handle or avoid gambling addiction. But, lots of people still fall for it, we'll blame it on gamblers who don't read the advice or aren't knowledgeable about the information. yet others who read this information on gambling precautions still get addicted, leaving therapists with the conclusion that, the cause of gambling addiction could be unknown as any gambler could get addicted. The control is in us, like you said, the whole thing depends on the gambler. Hence, we must practice what we've read, while gambling. Instead, it won't be of help to us.

[bettercrypto]

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".

Not all gamblers only intend to win; like me, often when I gamble, it's just for fun. Now,  if I win, like you said, it's just a bonus, but that's not really my motive, but rather just to amuse myself.

So if my bankroll amount for gambling is $200, I'm sure I can play gambling for a long time because the only minimum games I always participate in are slot games, and only a 0.1 or 0.2 dollar minimum bet is always done when betting on slots games.

[o48o]

casino was not created to make you rich overnight. But if you insist in playing more, you might end up emptying your account just to try recovering from the loss, and this greed is one of the major problem most gamblers have.

that's what gambling management made, to reduce risk and manage you mentally to play more and more over time. Let's just think the gambling as a game that will make you happy, don't burdening your life to increase your wealth from gambling, because it seems mission impossible especially if the player is still newly registered and directing it from referral. I think it's a global problem, and comprehensive if a new person in the gambling world just thinks of multiplying his capital in 1 night.

They will make you win at the first time and I think that's what makes it more inviting. Just recently, I won like 10x of my capital even though I am betting just small amounts. I was also shocked at how it happened because I was expecting to lose all the time. But, when you keep on betting, gambling sites will definitely take it back without us realizing it because our aim is to just get our money back.
-cut-

I've considered this too, as sometimes i feel like winning from the start, but i think this is just confirmation bias, as this theory breaks down to the fact, it would be easy confirm just by making enough statistics about it, and all you would need would be a control group and a spread sheed.

And if this would be true, why wouldn't people just start with playing 100x bets of what they are used to and make a bank and move on to another casino? Because there are enough casinos out there to make you rich even if you only make gains at the start.

And if we we suspect that it wouldn't work because it works only small bets, we have to remember that small is relative amount, that 100x of our small bet is a small bet for a whale and mechanisms should work for them too, otherwise they won't make sense. Casinos want to collect wealthy people to gamble, so that would be their target group if they wanted to use this tactic, giving wins at the start to small people would not worth it. Given that casinos are constantly audited and if they got caught, there would be some serious consequences.

[Blitzboy]

casino was not created to make you rich overnight. But if you insist in playing more, you might end up emptying your account just to try recovering from the loss, and this greed is one of the major problem most gamblers have.

that's what gambling management made, to reduce risk and manage you mentally to play more and more over time. Let's just think the gambling as a game that will make you happy, don't burdening your life to increase your wealth from gambling, because it seems mission impossible especially if the player is still newly registered and directing it from referral. I think it's a global problem, and comprehensive if a new person in the gambling world just thinks of multiplying his capital in 1 night.

They will make you win at the first time and I think that's what makes it more inviting. Just recently, I won like 10x of my capital even though I am betting just small amounts. I was also shocked at how it happened because I was expecting to lose all the time. But, when you keep on betting, gambling sites will definitely take it back without us realizing it because our aim is to just get our money back.
-cut-

I've considered this too, as sometimes i feel like winning from the start, but i think this is just confirmation bias, as this theory breaks down to the fact, it would be easy confirm just by making enough statistics about it, and all you would need would be a control group and a spread sheed.

And if this would be true, why wouldn't people just start with playing 100x bets of what they are used to and make a bank and move on to another casino? Because there are enough casinos out there to make you rich even if you only make gains at the start.

And if we we suspect that it wouldn't work because it works only small bets, we have to remember that small is relative amount, that 100x of our small bet is a small bet for a whale and mechanisms should work for them too, otherwise they won't make sense. Casinos want to collect wealthy people to gamble, so that would be their target group if they wanted to use this tactic, giving wins at the start to small people would not worth it. Given that casinos are constantly audited and if they got caught, there would be some serious consequences.

Its true that confirmation bias makes us see patterns when none exist. We say, "Hey, Im winning; this must be the system working for me!" Actually, its random chance in expensive clothes.

If casinos were rigging games to hook new players with early victories, wouldnt savvy gamblers take advantage? They jumped from casino to casino, getting rich. But they dont because: The house always win

Remember the large fish, the "whales". If true, this strategy would work for them, right? These high rollers dont get red carpet treatment at casinos. They follow the same uncertain laws as everyone else. Thus, while initial wins are appealing, they're more wishful thinking than reality.

[moneystery]

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.

...

successful gamblers are gamblers who know their limits and when they should stop. most gamblers only know how to hone their skills and how to win the game, but they don't learn how to stop themselves further, so that makes them make mistakes which make them lose their money, even though they should be able to make a profit. and therefore when a gambler can stop himself from gambling again, there he can be said to be a gambler who has matured in gambling and is not influenced by things he shouldn't.

[wallet4bitcoin]

No one actually visits the casino to have fun

How about people that will have $200 to have fun and using just like $0.1 on every game so that the time they are gambling can be prolonged?  Did you know that some people will use the whole $200 at ones and see if they win or not.

The best approach that I have thought of is to use not more than your gambling budget but with the mindset that all can be lost as long as you can afford to lose it. But after winning, it is good to just quite for the day and not have the fun again.

The motive of gambling and the target or expected outcome should be stated before adventuring. Most of the time, people take on gambling experiences without defined expectations, this is not a good approach. The percentage of win isn't compared to their funds committed but what makes social sense considering the todays definition of "big win".

We must understand that our individualistic standpoint towards gambling wins has no business with the standard operating procedure of the gambling space.

[junder]

People who are wise in gambling, they can control themselves when they win or lose, because with self-control they are able to limit their own gambling.

If you can control yourself when gambling, you will definitely avoid gambling addiction. We know that addiction is difficult to cure, which is why it is important to manage your emotions and control yourself when gambling. Don't be reckless in taking unnecessary actions when gambling, for example trying to recover money lost from losses. because it will only continue to drain more of the money we have.

That's why it's important to play responsibly and wisely in limiting bets when gambling so that you don't go beyond the limits which will end up playing emotionally and seem careless. Gambling is not just about money and winnings, but taking advantage of it. The most important thing is to always limit every budget and Time when gambling is very important to limit yourself.

Avoiding gambling addiction is actually easy if we have boundaries and a strong stance on gambling, it's just that many people can't control themselves so they can't limit themselves in gambling making them addicted to chasing their lost money. the possibility of those who do not have gambling restrictions, they are easily attracted to gambling so they don't think about the risk of losing a lot of money. It is unfortunate that they are already addicted to gambling, of course this is not a good thing if they are already addicted to gambling. So we should gamble reasonably not to exceed the obvious limits that will harm us. As much as possible we should be able to have limits in gambling because that can help us ourselves not with others.

Many things will be harmed if you are addicted to gambling. Gambling addiction can occur because they cannot control their emotions when they lose, because they cannot accept the defeat they get makes them irresponsible in gambling. No one else is influential in gambling, because other people can only give advice the rest of the full control is in us. So it's best to accept advice and input from others for consideration so as not to become addicted to gambling.

Your last line is important in neglecting gambling addiction. I mean, there've been millions of pieces of advice circulating the net about how to handle or avoid gambling addiction. But, lots of people still fall for it, we'll blame it on gamblers who don't read the advice or aren't knowledgeable about the information. yet others who read this information on gambling precautions still get addicted, leaving therapists with the conclusion that, the cause of gambling addiction could be unknown as any gambler could get addicted. The control is in us, like you said, the whole thing depends on the gambler. Hence, we must practice what we've read, while gambling. Instead, it won't be of help to us.

In fact, advice and suggestions to avoid the harmful effects of gambling and gambling addiction are everywhere, also with the current boom in online gambling that is everywhere, of course, this makes it likely that many people already know gambling, so among them all there must be addicted and there are also those who have a gambling limit. And considering that gambling can destroy a person's life, I myself often advise my friends who can spend a lot of money gambling in just one night, whose name is already addicted, it must be difficult to accept advice from others, because I feel that how difficult it is to realize my friends who spend a lot of money in one night just gambling.

Indeed, it is his own right but I as his friend will not let him continue like this, because his brain that has been washed by gambling makes them blind to the losses they experience. I will also try to make my friend aware of this gambling addiction, because after all he shouldn't spend a lot of money gambling because it's not a good thing for him. or should I allow my friend to continue spending his money until he realizes it himself?