What I've learned so far as a gambler

[serjent05]

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 very true I am among the gamblers who wanted to challenge oneself, I experienced setting up a 30x challenge in my gambling session, while playing with an initial deposit of $20.  I almost hit that 30x since I won around $500 in that sole session but somewhere along that session I lose control and got triggered making my 25x winnings depleted together with my bankroll.  Although I am still good since I only gamble what I can afford to lose, anyone who has that experience can see it as a waste since winning 25x of the bankroll is already a great win but I became stubborn and insisted on hitting that 30x which resulted in a lost. 

In summary, what I have learnt in gambling is not to go much risky and do not alter your moderate gambling habit because of your friends exorbitant gambling nature.

True that, we should stick to our gambling practice of moderation and limitation.  If we give in and remove our limitation because of a friend, we will end up ruining our financial status.  Let our friends think what they want to think but we must stick to our responsible gambling routine.

[Westinhome]

This is very true I am among the gamblers who wanted to challenge oneself, I experienced setting up a 30x challenge in my gambling session, while playing with an initial deposit of $20.  I almost hit that 30x since I won around $500 in that sole session but somewhere along that session I lose control and got triggered making my 25x winnings depleted together with my bankroll.  Although I am still good since I only gamble what I can afford to lose, anyone who has that experience can see it as a waste since winning 25x of the bankroll is already a great win but I became stubborn and insisted on hitting that 30x which resulted in a lost. 

The gambler who start the game with 20$ dollars will have the chance of 20 betting in the gambling site,because the gamblers should use the minimum of 1 dollars in each betting.If you play the game like dice of High-Low,you can easy multiple the money into x10 or x12.5 of your betting money.So this game had the risk of losing the money,but if you play with care.The possibility of winning from dice and High-Low will be more because both game was dependent on the probability.The gambler who had more analysis in the game probability would have been more accurate win from the gambling site.

[Dewi Aries]

Take the money and go away and that's going to make you happy already.  Most of the gamblers are not satisfied with just a few bucks to hundreds of profits.

And that's why that instead of taking out money from the casino and be satisfied with it, many are not.

That's the reason why they keep on going on and they will have their own reasonable lessons when they've experienced these times.

Yes, that's what they should do if they manage to get a win or that means being in a situation of pretty good luck, but unfortunately most of the gamblers can't do that, the urge out of hope for something bigger always appears when gamblers are in a winning situation, instead of withdrawing or cashing out to enjoy but what they choose is to apply greed by making previous wins as capital for a much bigger win, but the question is not that it is still uncertain? Or does that mean you don't know what the next session will be like? Obviously, it's nothing more than a hallucination that comes out of the excitement of being in a winning situation.

Usually in any case if you apply greed then usually the final result will always be disappointing, it's a fact that often happens if you choose to act greedy instead of cashing out and going to enjoy it. Therefore, if you have already won then I think the best option is to cash out rather than losing all your previous winnings because of applying greed and regretting it.

[Weawant]

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.

Knowing your limit will help you a long way more than the quest to win more money but then most gamblers fail at it because they not only fail to know their limit but also fail to cultivate self control, this is one great habit that will help every gambler succeed much better than they would have if they had no control.

Gambling with discipline and self control is a lot more profitable than just gambling like that because some day you will be able to know when to stop regardless of how much you have lost and on another day you can turn out so profitable that you will aswell Ned to stop too before you loose everything back to the casino after winning enough to cover for your previous loss, basically any gambler who wants to consistently win gambling needs discipline and self control as it will help them a long way staying consistent both on good and bad days.

[Fredomago]

so true. the only real wealth is the casino owner. I'm sure there is a lot of manipulation in the initial profit part of the strategy. Here we have to really be in control and really know when we can stop. Unfortunately for addicts who are even willing to spend their assets, they always think this is something that can generate wealth. without realizing they are having their assets drained. no matter how rich we are if we are gambling addicts it will make our assets run out no matter how people will take them. I always make this entertainment, play for fun without involving real assets.

Good statement,  though If luck permits you might hit that jackpot and change the direction of your gambling experience,  but in terms of addicted gambler even how much money they've got from their sessions the will to earn more still dominate them, it's a problem which control is no longer active.

They needed to fix it or they will suffer from losing everything that they've got. This is common when a person lose control with how they handle their gambling participation.

[Richbased]

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.

Knowing your limit will help you a long way more than the quest to win more money but then most gamblers fail at it because they not only fail to know their limit but also fail to cultivate self control, this is one great habit that will help every gambler succeed much better than they would have if they had no control.

Gambling with discipline and self control is a lot more profitable than just gambling like that because some day you will be able to know when to stop regardless of how much you have lost and on another day you can turn out so profitable that you will aswell Ned to stop too before you loose everything back to the casino after winning enough to cover for your previous loss, basically any gambler who wants to consistently win gambling needs discipline and self control as it will help them a long way staying consistent both on good and bad days.

Though controlling ones gambling habits isn't really that easy as it may seems to be more especially if you've won on several occasions in the past but regardless, it is good to know ones limit in gambling as one doesn't need to play gambling at all time, you can even give a break for some time and come back again. Talking about being disciplined as a gambler, no matter how disciplined a gambler is he can't really record winning consistently as it always involves a win and lose process even if maybe the wins are higher than the losses by but at least the winning doesn't come consistently.

[rozak]

Though controlling ones gambling habits isn't really that easy as it may seems to be more especially if you've won on several occasions in the past but regardless, it is good to know ones limit in gambling as one doesn't need to play gambling at all time, you can even give a break for some time and come back again. Talking about being disciplined as a gambler, no matter how disciplined a gambler is he can't really record winning consistently as it always involves a win and lose process even if maybe the wins are higher than the losses by but at least the winning doesn't come consistently.

At least gamblers must be able to be disciplined in their behavior when they have to decide to leave gambling because of winning or because of a losing streak.
Often we as gamblers enjoy the game too much. and always want to get bigger wins. that's what gamblers sometimes miss.
I agree that every gambler must be disciplined in gambling. that's what separates an addicted gambler from a wise gambler.

[slapper]

~snip~

Though controlling ones gambling habits isn't really that easy as it may seems to be more especially if you've won on several occasions in the past but regardless, it is good to know ones limit in gambling as one doesn't need to play gambling at all time, you can even give a break for some time and come back again. Talking about being disciplined as a gambler, no matter how disciplined a gambler is he can't really record winning consistently as it always involves a win and lose process even if maybe the wins are higher than the losses by but at least the winning doesn't come consistently.

Controlling gambling is difficult. Humans are wired to remember wins over losses. This deadly illusion makes winning seem more frequent than it is. The dopamine spike from wins blinds us to defeats. Gambling discipline goes beyond knowing when to stop. Understanding the psychology is key.

Please be honest. While your point about taking breaks is good, it's just the beginning. First, why gamble? For excitement? For fun? Maybe to avoid reality? Knowing these triggers is crucial. That's right - consistent winning is a gambling mirage. The system always favors the house. Winning streaks? They're temporary. Losses increase with longer play. In addition to discipline, one must be ruthlessly honest with oneself. Gambling is a game of chance, and the house usually wins.

[Hirose UK]

so true. the only real wealth is the casino owner. I'm sure there is a lot of manipulation in the initial profit part of the strategy. Here we have to really be in control and really know when we can stop. Unfortunately for addicts who are even willing to spend their assets, they always think this is something that can generate wealth. without realizing they are having their assets drained. no matter how rich we are if we are gambling addicts it will make our assets run out no matter how people will take them. I always make this entertainment, play for fun without involving real assets.

Good statement,  though If luck permits you might hit that jackpot and change the direction of your gambling experience,  but in terms of addicted gambler even how much money they've got from their sessions the will to earn more still dominate them, it's a problem which control is no longer active.

They needed to fix it or they will suffer from losing everything that they've got. This is common when a person lose control with how they handle their gambling participation.

If luck allows it is possible to hit the jackpot and change the experience, that is true and I agree with this statement.
But is it easy? I think it quite difficult and there are only handful of gamblers who have the chance to get the luck that results in the jackpot because the jackpot is the biggest prize and the casino will of course spend more money from the bankroll if the customer gets the jackpot.
I not saying that the casino will manipulate gamblers who might have the opportunity to win the jackpot, but on the other hand, have you forgotten that there are algorithms in game that make it difficult for gambler to win the jackpot?
Sometimes we expect too much and can't try to learn to accept what is or learn to accept everything we can get.
What actually makes it difficult for gamblers in terms of winning is the gamblers themselves because they can win but because of excessive ambition they have to continue playing and the winnings they have obtained are also used up in the additional session.

Control in gambling is the same as key to success, because self-control plays an important role in making gambler have wiser attitude.

[klidex]

Though controlling ones gambling habits isn't really that easy as it may seems to be more especially if you've won on several occasions in the past but regardless, it is good to know ones limit in gambling as one doesn't need to play gambling at all time, you can even give a break for some time and come back again. Talking about being disciplined as a gambler, no matter how disciplined a gambler is he can't really record winning consistently as it always involves a win and lose process even if maybe the wins are higher than the losses by but at least the winning doesn't come consistently.

At least gamblers must be able to be disciplined in their behavior when they have to decide to leave gambling because of winning or because of a losing streak.
Often we as gamblers enjoy the game too much. and always want to get bigger wins. that's what gamblers sometimes miss.
I agree that every gambler must be disciplined in gambling. that's what separates an addicted gambler from a wise gambler.

As a gambler, you must be able to be disciplined in carrying out your gambling activities by being clever in managing your finances and time so that you don't get too involved in the fun, and indeed sometimes gamblers lose track of time if they enjoy gambling too much so that this will cause them to lose control, gamblers should be able to apply self-disciplined, many gamblers are destroyed and lose all their finances due to not being able to use gambling wisely, if we can be disciplined then it will make us responsible gamblers.

So far, what I have learned in gambling is that we apply it responsibly, not spending a lot of money just to bet because gambling is full of risks. If we have entered the world of gambling, we must be prepared to lose our finances to gamble.

[len01]

At least gamblers must be able to be disciplined in their behavior when they have to decide to leave gambling because of winning or because of a losing streak.
Often we as gamblers enjoy the game too much. and always want to get bigger wins. that's what gamblers sometimes miss.
I agree that every gambler must be disciplined in gambling. that's what separates an addicted gambler from a wise gambler.

from my experience as a gambler, discipline is indeed very important, but all of this must be done with the encouragement of a strong commitment because without the strength of commitment, discipline will not be strong and you can always be tempted by something in gambling and the commitment itself must be strengthened with a mindset or this is healthy assumption because anything related to money can definitely destroy our minds, while gambling is always related to money which can damage our commitment or discipline.

and the easiest way is just to value your money, bet a small amount that you can afford to lose and always keep the thought respecting money, of course you will continue to bet with the smallest amount and if you are lucky you will definitely stop soon and I call it a wise gambler.
It may seem very trivial, but if ignored, small things like this can pressure someone into becoming addicted.

[ethereumhunter]

Though controlling ones gambling habits isn't really that easy as it may seems to be more especially if you've won on several occasions in the past but regardless, it is good to know ones limit in gambling as one doesn't need to play gambling at all time, you can even give a break for some time and come back again. Talking about being disciplined as a gambler, no matter how disciplined a gambler is he can't really record winning consistently as it always involves a win and lose process even if maybe the wins are higher than the losses by but at least the winning doesn't come consistently.

At least gamblers must be able to be disciplined in their behavior when they have to decide to leave gambling because of winning or because of a losing streak.
Often we as gamblers enjoy the game too much. and always want to get bigger wins. that's what gamblers sometimes miss.
I agree that every gambler must be disciplined in gambling. that's what separates an addicted gambler from a wise gambler.

Discipline is required when gambling so that we don't exceed our set limits and can gamble comfortably. But there are still many gamblers who cannot be disciplined in gambling, so they just gamble excessively and cannot control their gambling expenses. This should not happen to those who also gamble so that we don't experience problems like other gamblers. And if we feel that we don't have discipline, we must continue to train it so that with that discipline, we can gamble sufficiently and not chase wins or recover from losses.

Apart from that, by having strong discipline, we will not only use gambling to fill our free time but also for other more useful things. We can also choose or determine when we can gamble and when we have to do other activities, and this will help us to stay away from gambling addiction, which is the biggest problem that every gambler must avoid.

[Negotiation]

so true. the only real wealth is the casino owner. I'm sure there is a lot of manipulation in the initial profit part of the strategy. Here we have to really be in control and really know when we can stop. Unfortunately for addicts who are even willing to spend their assets, they always think this is something that can generate wealth. without realizing they are having their assets drained. no matter how rich we are if we are gambling addicts it will make our assets run out no matter how people will take them. I always make this entertainment, play for fun without involving real assets.

I agree it's really hard to make a fortune from gambling if you can't control yourself. Gamblers will not have any fear of losing their wealth if they play on the gambling platform as a means of entertainment. Addicted gamblers can't control themselves so they suffer losses but you have to understand that there are risks involved this does not mean that you will lose all your money but it is not a guaranteed strategy for prosperity. When it comes to gambling you only need to take the right steps and use the tools or resources of your choice.

[davis196]

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 greed eventually starts to kick in and those people start raising their bets. Gambling with really small bets gets boring after a while.
I know this from personal experience and I'm a very moderate gambler.
Some gamblers start chasing loses while others start chasing bigger profits. Both options are totally wrong. The longer you stay at the casino, the bigger the chance to lose more and more money. I'm not criticizing gambling in general. Everyone is free to waste his money however he wants.
In my country, if you get into an offline casino and you accidentally win 10K, the casino owner will bring some thugs and they will kick you out of the casino without paying you any profits. That's why I don't want to visit any offline casinos. Most of them are probably owned by mobsters.

[boyptc]

Take the money and go away and that's going to make you happy already.  Most of the gamblers are not satisfied with just a few bucks to hundreds of profits.

And that's why that instead of taking out money from the casino and be satisfied with it, many are not.

That's the reason why they keep on going on and they will have their own reasonable lessons when they've experienced these times.

Yes, that's what they should do if they manage to get a win or that means being in a situation of pretty good luck, but unfortunately most of the gamblers can't do that, the urge out of hope for something bigger always appears when gamblers are in a winning situation, instead of withdrawing or cashing out to enjoy but what they choose is to apply greed by making previous wins as capital for a much bigger win, but the question is not that it is still uncertain? Or does that mean you don't know what the next session will be like? Obviously, it's nothing more than a hallucination that comes out of the excitement of being in a winning situation.

They will do that as soon as they regret their actions. It's normal for all gamblers to experience all of these regrets and then by the next time we take actions, it is the better decision that we'll do.

Usually in any case if you apply greed then usually the final result will always be disappointing, it's a fact that often happens if you choose to act greedy instead of cashing out and going to enjoy it. Therefore, if you have already won then I think the best option is to cash out rather than losing all your previous winnings because of applying greed and regretting it.

Greediness will not bring us any farther.

It will only teach us to be the best decision makers because we don't want to fall with the same emotions that we have. If you fall for the 2nd, 3rd or more time.

You are aware of what you're doing and you are not learning from your experience.

[Dewi Aries]

Take the money and go away and that's going to make you happy already.  Most of the gamblers are not satisfied with just a few bucks to hundreds of profits.

And that's why that instead of taking out money from the casino and be satisfied with it, many are not.

That's the reason why they keep on going on and they will have their own reasonable lessons when they've experienced these times.

Yes, that's what they should do if they manage to get a win or that means being in a situation of pretty good luck, but unfortunately most of the gamblers can't do that, the urge out of hope for something bigger always appears when gamblers are in a winning situation, instead of withdrawing or cashing out to enjoy but what they choose is to apply greed by making previous wins as capital for a much bigger win, but the question is not that it is still uncertain? Or does that mean you don't know what the next session will be like? Obviously, it's nothing more than a hallucination that comes out of the excitement of being in a winning situation.

They will do that as soon as they regret their actions. It's normal for all gamblers to experience all of these regrets and then by the next time we take actions, it is the better decision that we'll do.

But unfortunately regret always comes at the end of the action when everything is already answered, and of course regret comes to confirm that the actions they took before were wrong, after all it is not uncommon or even very many people who advise and recommend to avoid acts of greed, especially in gambling activities, sometimes not only in this field, even in real life if we put greed then usually the final result is more disappointing, so that's why the importance of being grateful for whatever we have got. Greed is like you're negotiating with fate where basically fate has already said that that's the amount you should get in that session but because you're not grateful and instead put greed into it then fate will say something else, which is defeat. Let me know if the analogy isn't quite right.

Usually in any case if you apply greed then usually the final result will always be disappointing, it's a fact that often happens if you choose to act greedy instead of cashing out and going to enjoy it. Therefore, if you have already won then I think the best option is to cash out rather than losing all your previous winnings because of applying greed and regretting it.

Greediness will not bring us any farther.

It will only teach us to be the best decision makers because we don't want to fall with the same emotions that we have. If you fall for the 2nd, 3rd or more time.

You are aware of what you're doing and you are not learning from your experience.

Yes although overall greed does not always result in something worse but still if the percentage of disappointment is more often due to greed then it is better for us to avoid it. True, regret will always be a painful thing, and of course as you said that we can make it a lesson so that we don't go back into the same hole for the umpteenth time. If they have fallen in the same hole several times then I guess I have to suspect their mental health.

[boyptc]

But unfortunately regret always comes at the end of the action when everything is already answered, and of course regret comes to confirm that the actions they took before were wrong, after all it is not uncommon or even very many people who advise and recommend to avoid acts of greed, especially in gambling activities, sometimes not only in this field, even in real life if we put greed then usually the final result is more disappointing, so that's why the importance of being grateful for whatever we have got. Greed is like you're negotiating with fate where basically fate has already said that that's the amount you should get in that session but because you're not grateful and instead put greed into it then fate will say something else, which is defeat. Let me know if the analogy isn't quite right.

Yeah, we're even tired of telling the other gamblers to stop being greedy and when they need to stop, just stop completely so that they'll not wasting their money.

But that's how it is going for most of us, even if we're seeing people don't obliged with our advises, we're continuing to give them the advise that they need to hear so at least they've heard or read us give that tip of care to them.

Yes although overall greed does not always result in something worse but still if the percentage of disappointment is more often due to greed then it is better for us to avoid it. True, regret will always be a painful thing, and of course as you said that we can make it a lesson so that we don't go back into the same hole for the umpteenth time. If they have fallen in the same hole several times then I guess I have to suspect their mental health.

Let us not give a number but let us say it this way that overall of it, the majority that are greedy doesn't end up good when they gamble.

[Accardo]

At least gamblers must be able to be disciplined in their behavior when they have to decide to leave gambling because of winning or because of a losing streak.
Often we as gamblers enjoy the game too much. and always want to get bigger wins. that's what gamblers sometimes miss.
I agree that every gambler must be disciplined in gambling. that's what separates an addicted gambler from a wise gambler.

from my experience as a gambler, discipline is indeed very important, but all of this must be done with the encouragement of a strong commitment because without the strength of commitment, discipline will not be strong and you can always be tempted by something in gambling and the commitment itself must be strengthened with a mindset or this is healthy assumption because anything related to money can definitely destroy our minds, while gambling is always related to money which can damage our commitment or discipline.

and the easiest way is just to value your money, bet a small amount that you can afford to lose and always keep the thought respecting money, of course you will continue to bet with the smallest amount and if you are lucky you will definitely stop soon and I call it a wise gambler.
It may seem very trivial, but if ignored, small things like this can pressure someone into becoming addicted.

Discipline in gambling is not simple for most gamblers. We read it every day, but practicing it can be a mission impossible. Due to the power gambling has on the human brain. When the losing streak follows, most gamblers won't be able to let go of the truth that they've lost in the process of gambling. Hence the game continues and even when they've won a certain amount of money, the gambler will still wager them back to the house. The self-control we are looking at as gamblers must be mastered or learned in gambling. Discipline should be the aim of gamblers, instead of money. If a player learns this, he'll be successful in every action he's about to take in life. After a few wins, I notice the brain sends out impulses that trigger me to wager more money, maybe the win could get bigger. Sometimes the instinct keeps battling with my predictions. Hence, leading me to think I'm not good enough in following my instincts.

But to a point, I found that in gambling following our instincts matters only when it tells us to stop gambling. But in terms of prediction, the house knows the trick they are using on gamblers to continue gambling. The main reason gamblers try again is that the game plays a number that we wanted to choose initially but tried another one. The player wants to get it right at all costs, believing it's his fault. But the game is controlled by the casino or the machined has been programmed to release a few wins after a player has wagered a certain amount, which obeys the house edge. Newbie gamblers need to understand all these and apply discipline as a strategy. Thereby developing rapport with the house. One can't learn what he's angry at doing or blame for his loss of money or condition. So if a gambler is performing well by enjoying the game, he'd love gambling and make good moves and predictions.

[klidex]

so true. the only real wealth is the casino owner. I'm sure there is a lot of manipulation in the initial profit part of the strategy. Here we have to really be in control and really know when we can stop. Unfortunately for addicts who are even willing to spend their assets, they always think this is something that can generate wealth. without realizing they are having their assets drained. no matter how rich we are if we are gambling addicts it will make our assets run out no matter how people will take them. I always make this entertainment, play for fun without involving real assets.

I agree it's really hard to make a fortune from gambling if you can't control yourself. Gamblers will not have any fear of losing their wealth if they play on the gambling platform as a means of entertainment. Addicted gamblers can't control themselves so they suffer losses but you have to understand that there are risks involved this does not mean that you will lose all your money but it is not a guaranteed strategy for prosperity. When it comes to gambling you only need to take the right steps and use the tools or resources of your choice.

It's natural because gambling is a game of chance, not a place to make money for sure, indeed gambling uses real money which hopes that gamblers can double their money even though it's not as easy as we see, like other people who can win large amounts gambling while we have There are different fates, there are those who experience continuous losses, there are those who have just had luck for a while. That's what is called gambling, luck is obtained randomly and those of us who play it don't get our hopes up too much if we don't want to experience disappointment.

For gamblers who are addicted, over time they will lose their wealth and for those who are able to control themselves even though they continue to gamble, this will not be a problem as long as they limit their expenses and do not spend large amount of money to satisfy their desire to gamble because the risk in gambling is losing.

[LDL]

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.

Actually a professional gambler has enough power inside him to control gambling addiction. He indulges in gambling himself but does not advise anyone around him to indulge in this addiction. A gambler gains so much experience from gambling that he perseveres despite repeated gambling losses. An experienced gambler has a good enough knowledge of how to earn profits. A good professional gambler is also well aware of the do's and don'ts of gambling.