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Author Topic: Risking 1% in Gambling  (Read 4034 times)
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February 01, 2024, 08:24:48 PM
 #381

That's right, I personally say that 30usd because it is Basically a Saying , but I do apply this, but in the slots, only because I have a technique that few do , for Example if I have 10usd to Spend only in the slots , but I do it because I like to play, I see it as when I went to play Nintendo when I was little, I spent 1, 2, 3 hours playing, it's just like that, Otherwise , like this, it's different, sometimes 10usd is They go very fast, but that moment I have with the slot, or playing is what relaxes me, of course it is one of the things I always see so that they can be done better and that's how I am distracted, and only better in entertainment, it's something uqe It helps me de-stress, because I see it as the very emcoin that when you go to the soccer stadium to support your Favorite Team , it is a Moment Where one forgets everything , and Another facet of our life Begins , so with that intensity it is that I or see it.

Now, there are people who when they go to play have many things to Offer and Among Those we can speculate that they will always do their best to win , it's just that some people are not careful about their financial Situation , if we are Careful with our Money and Only We Spend what we are Willing to lose, but it is different, we are going to generate a lot of fun and with luck we can even win, so when we do things differently we Realize that we are always going to generate money if we know how to play, if we know how to manage ourselves , It is the only way , but as long as we generate a very intelligent Game , it is the simplest way to do everything, when I play I Always think Positively , that I am going to win, that I will have opportunities to do it well, but if not, well I have We need to do other things to be able to generate the best possible in things ,  this is what we are Looking for in the game.

In fact, in slot gambling, no matter how small the money we deposit can last a long time if the spin is good, as you said using 10 USD for slot gambling, if the spin is good then it can last, maybe it can even rise and with a good spin it makes good gambling. This can be done in long sessions such as 1 to 3 hours. In my opinion, slot gambling can be played in a relaxed manner if we treat it only as entertainment, not by chasing wins that can trigger deposits of very large amounts of money. and if they gamble excessively it will only increase their stress, not relieve stress.

Indeed, most of those who force themselves to gamble don't care about their financial condition. If they could see their financial condition, maybe they wouldn't gamble by forcing themselves. does slot gambling have a reverse? For example, if we gamble with the aim of having fun we will win, but if we gamble with the aim of winning, we tend to end up losing. That's right, one way to avoid big losses is to organize ourselves well, don't let ourselves be drawn deeper into gambling because that will only make them lose a lot of money by gambling. but even though it is simple, it is difficult to apply, this makes them unaware of the losses involved in gambling, and in my opinion this is the same as self-control, this is easy to say but difficult to do, just like self-control

Yes, as long as things are done in order they can turn out well, in fact when we play in the slots, everyone has their own way of doing things well, for example because I enjoy the slots that way, I don't There is another way, I always look for a way to do it better, with my money in the slots I don't look to win, but to enjoy, maybe to de-stress sometimes that is the only thing that causes loss in me, but there are erosions that have another approach, it is going to do all the things that basically we are doing things better, for example the people who want to make money with the games, yes, they can do it by betting little, but betting little and little all the time can also decapacitate us, 'for that in the games of lsots and in any casino game we must be intelligent and not think too much about what we win, but rather about what we lose, it is a shame that I did not learn it in games, I learned it in trading, I saw what that also applies here.

So when we know and are clear about what we know and what we can do based on our experience, there is a lot that we save or stop losing, for me it is very imperative to be able to do things better when we have our money willing to lose, the Things change like that, because things become secondary and it is not what we are looking for.

When we are looking for ways to play and strategies, we know that there are many, in fact there are very interesting articles on the bitcasino.io blog, I always recommend it because there are many ways to apply when we are in the slots, in fact they say there What are the different types of systems, how to treat them, everything about the RTP, this is very broad, one can think that the systems are just a simple way of doing things and no, the things are different, each thing has its science, it is incredible.

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February 01, 2024, 08:33:36 PM
 #382

Quote
Guideline 1: Gamble no more than 1% of household income
Don’t bet more than 1% of your household income before tax per month. For example, someone with a household income of $70,000 before tax should gamble no more than $58 per month.

Recently I decided to risk only 1 percent of my gambling portfolio into each bet. This makes my bet risk free as I know that even if I lose the bet i will lose only 1% of my gambling money.

Do you guys also follow a similar strategy like gambling with 1% or 2% on each game? This way not only we are safe from losing big amounts but at the same time, we never find ourselves in a situation where we go all in, in some bet and then have the fear of losing all of our money.

You must have heard 1% strategy in trading, the same can be applied in gambling too and believe me, you will feel a lot more comfortable using this 1% of your money in every game.
This also gives you a lot of games to play before you end up on your money as on every bet you will use 1% of your money. In case you lose all bets, you will be playing 100 games because your money is exhausted.


The Lower-Risk Gambling Guidelines

I've heard of this tactic mostly in trading. When a trader uses no more than 3-5% of his deposit in one transaction. I haven’t heard this before about gambling, but I think it might make sense. Just what to do with a stack of 1 dollar when the odds are 1.1 and with the same bet when the odds are 5 or 10. Over the long term, this may not bring good results. That is, bets with a small odds will be accepted more often, and bets with a large odds less often, and the bet size is always the same

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February 01, 2024, 08:55:57 PM
 #383

Losing is common, not to be down bad for money, one should learn to moderate the bankroll. A gambler should be applauded for managing his funds successfully while gambling. No need in choosing the amount of money to wager, when we can't keep to it or maintain the process for a long period, not without consistency. However, gambling 1% of our income is the best gambling strategy since sliced bread. Although most gamblers have not failed to fall victim of gambling compulsively, more than they are able to lose. It provides the gambler a better control over his finances. Gamblers require some accurate means of sticking to the strategy without withdrawing, to be able to succeed in maintaining their bank roll. Going for the money puts an end to a great gambling technique. Lots of gamblers have obtained such acumen through their numerous years of gambling, but at some point, fail to keep up with the task. What then causes that, other than emotional instability.
Even though losing is normal, not many gamblers can accept their defeat, and instead, it triggers their emotions to continue gambling to recover from their losses and try to win. They can't see that they are losing so they will try even harder to win. But they will still experience defeat and may experience defeat after defeat until they realize they have made a mistake. If they finally realize their mistake and try to reduce the number of losses by placing restrictions, they can see that playing gambling requires restrictions, especially since they cannot always win from their gambling games. They will learn to control themselves more and not be tempted to chase other wins or recover from their losses. They will start to become wise gamblers after gaining various experiences, which ultimately make them realize that gambling is just entertainment that doesn't need to be taken too seriously.

Those who don't accept defeat would have to deal with the consequences of not accepting the unending losses attached to gambling activities. It's a personal decision which may have to do with multiple factors. Which we can't predict exactly why a gambler wouldn't stop gambling for some moment, after facing a spree of losses in his gambling activity. Some could be in a dilemma that eliminates the choices of being restrictive. As they're confused on ways of countering the problem gambling in them, hungrily seeking for few wins. A lot of gamblers respond to this differently, and few learns to restrict themselves, while others struggle over it and try to maintain and regulate their gambling urge. A gambler can easily change his authority over the money he earns, and hand it over to his spouse to help him manage the funds, to help them deal with the gambling difficulty. Even though, lots of gamblers, are well aware of the problem affiliated to gambling, but find it hard to ask for help from loved ones.

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February 01, 2024, 08:59:10 PM
 #384

I must say that the way OP offers to gamble has logic, but there is always some "but" Cheesy It is nice that he has set a gambling budget for himself. But I am not 100% sure he could resist temptation not to place an all-in bet. When a person looses 2-3 times in a row with 1.00-1.01-1.00 bets, his hand automatically moves to all-in button, because "It is impossible I will lose with next bet". That is human nature. Imho it is better not to learn how and when to bet, or think about strategy to use, but learn how to stop at proper time.

It's a good a strategy and would probably limit his losses. I don't know his actual gambling budget but that 1% is too small and some people will be definitely tempted to bet more when they lose that amount. One thing to push us to this action is the tendency to feel the pain of losses very strongly than the pleasure we are supposed to gain from gambling. I will disagree with you on the last part thou because gambling without strategy is like gambling blindly without vision.  Strategy is not a guarantee of winning a game but at least, it a prove that you make attempts to make things work but it doesn't end as you planned if it fails. The strategies you employ is one thing that makes gambling entertaining, leaving everything to luck is not ideal Imo. What is more ideal is to stop for a while when the strategies are not working in your favor.
1% with your overall income to be spend out on gambling? this is something that would really be recommended since this would really be pertaining about that discipline which it is always that right
on the time that you would really be dealing up with gambling because if you do find yourself on spending up more % or big allocation or deduction on your salary just to play gambling.You would
really be putting up yourself on such trouble once you do have those huge losses. This is why it would really be that best that you should be having in control. Yes, 1% might be that small
but if this is the only way that you could really be able to avoid yourself on not to spend that much with gambling then better do it. Just make it sure that you
wont really be that getting addicted along the way.

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February 01, 2024, 09:26:35 PM
 #385

~
I've heard of this tactic mostly in trading. When a trader uses no more than 3-5% of his deposit in one transaction. I haven’t heard this before about gambling, but I think it might make sense. Just what to do with a stack of 1 dollar when the odds are 1.1 and with the same bet when the odds are 5 or 10. Over the long term, this may not bring good results. That is, bets with a small odds will be accepted more often, and bets with a large odds less often, and the bet size is always the same
Applying a similar principle in gambling can also be a thoughtful approach to managing risks. In gambling, particularly in sports betting, the odds play a crucial role. When dealing with a stack of 1 dollar, the size of the bet should be proportionate to the odds. While placing consistent bets regardless of odds might seem like a simple approach, it may not yield optimal results over time.

Bets with smaller odds (e.g., 1.1) may seem safer and more likely to win, but the returns are minimal. On the other hand, bets with larger odds (e.g., 5 or 10) carry higher risk but offer greater potential rewards. A proportional betting strategy could be done, where the bet size is a percentage of the current stack, taking into account the odds and the level of risk involved. By incorporating a flexible betting strategy that adapts to the odds, a gambler can better manage their bankroll and potentially enhance long-term results. It emphasizes the importance of not only considering the likelihood of winning but also evaluating the risk-reward ratio associated with each bet.

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February 01, 2024, 09:32:51 PM
 #386

Losing is common, not to be down bad for money, one should learn to moderate the bankroll. A gambler should be applauded for managing his funds successfully while gambling. No need in choosing the amount of money to wager, when we can't keep to it or maintain the process for a long period, not without consistency. However, gambling 1% of our income is the best gambling strategy since sliced bread. Although most gamblers have not failed to fall victim of gambling compulsively, more than they are able to lose. It provides the gambler a better control over his finances. Gamblers require some accurate means of sticking to the strategy without withdrawing, to be able to succeed in maintaining their bank roll. Going for the money puts an end to a great gambling technique. Lots of gamblers have obtained such acumen through their numerous years of gambling, but at some point, fail to keep up with the task. What then causes that, other than emotional instability.
Even though losing is normal, not many gamblers can accept their defeat, and instead, it triggers their emotions to continue gambling to recover from their losses and try to win. They can't see that they are losing so they will try even harder to win. But they will still experience defeat and may experience defeat after defeat until they realize they have made a mistake. If they finally realize their mistake and try to reduce the number of losses by placing restrictions, they can see that playing gambling requires restrictions, especially since they cannot always win from their gambling games. They will learn to control themselves more and not be tempted to chase other wins or recover from their losses. They will start to become wise gamblers after gaining various experiences, which ultimately make them realize that gambling is just entertainment that doesn't need to be taken too seriously.

Basically it is not easy to be a responsible gambler if you basically have the goal of earning in gambling because casinos created gambling not for this but only to provide a place for people to try to entertain themselves when they have free time and therefore it is very difficult to control everything if someone is involved in gambling based on improper understanding.

One of them is as you said that accepting the fact of losing is not easy for gamblers, one of the reasons is because there is a level of expectation of a win, so when the results do not match what is desired then there is obviously a high probability for them to feel disappointed which in turn acts excessively with the intention and purpose of recovering the situation by pursuing victory. One of the solutions to get out of this cycle is right as you said that awareness must be emphasized more because after all only awareness can change everything and this must be done by the gamblers themselves, I am sure that if only they can change their views on gambling in a more correct and recommended direction then they will not dare to act carelessly.

It is not really easy for a gambler to accept his loss if he thinks of gambling as a source of income or opportunity, because of course they expect a profit from it. Unlike other players, whose only motive or intention is to play and have fun,.

Especially if they have an addiction to gambling and greed hidden in their personalities. Because of this kind of gambler, most of the time when they lose, they chase after what they lost by increasing their bets even more, which should not be the right way. Instead of stopping first and resting, the amount of the loss did not increase further.



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Rainbot
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February 01, 2024, 09:35:10 PM
 #387

I must say that the way OP offers to gamble has logic, but there is always some "but" Cheesy It is nice that he has set a gambling budget for himself. But I am not 100% sure he could resist temptation not to place an all-in bet. When a person looses 2-3 times in a row with 1.00-1.01-1.00 bets, his hand automatically moves to all-in button, because "It is impossible I will lose with next bet". That is human nature. Imho it is better not to learn how and when to bet, or think about strategy to use, but learn how to stop at proper time.

It's a good a strategy and would probably limit his losses. I don't know his actual gambling budget but that 1% is too small and some people will be definitely tempted to bet more when they lose that amount. One thing to push us to this action is the tendency to feel the pain of losses very strongly than the pleasure we are supposed to gain from gambling. I will disagree with you on the last part thou because gambling without strategy is like gambling blindly without vision.  Strategy is not a guarantee of winning a game but at least, it a prove that you make attempts to make things work but it doesn't end as you planned if it fails. The strategies you employ is one thing that makes gambling entertaining, leaving everything to luck is not ideal Imo. What is more ideal is to stop for a while when the strategies are not working in your favor.
1% with your overall income to be spend out on gambling? this is something that would really be recommended since this would really be pertaining about that discipline which it is always that right
on the time that you would really be dealing up with gambling because if you do find yourself on spending up more % or big allocation or deduction on your salary just to play gambling.You would
really be putting up yourself on such trouble once you do have those huge losses. This is why it would really be that best that you should be having in control. Yes, 1% might be that small
but if this is the only way that you could really be able to avoid yourself on not to spend that much with gambling then better do it. Just make it sure that you
wont really be that getting addicted along the way.
Honestly, it was not recommended but a choice for someone. Although we could think that 1% is a small percentage, how about the poor people who only have a small salary? For rich gamblers, that doesn't just matter, it was just a penny for them. But it should be this way, only gamble the excess money.
It would not be wrong if we could gamble more as long as it never compromises our finances but the usual problem is that most gamblers had put their lump some of the money into gambling hoping for luck and fortune which ended up emptying their pocket and even committing loans.

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junder
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February 02, 2024, 09:40:35 AM
 #388

In fact, in slot gambling, no matter how small the money we deposit can last a long time if the spin is good, as you said using 10 USD for slot gambling, if the spin is good then it can last, maybe it can even rise and with a good spin it makes good gambling. This can be done in long sessions such as 1 to 3 hours. In my opinion, slot gambling can be played in a relaxed manner if we treat it only as entertainment, not by chasing wins that can trigger deposits of very large amounts of money. and if they gamble excessively it will only increase their stress, not relieve stress.

Indeed, most of those who force themselves to gamble don't care about their financial condition. If they could see their financial condition, maybe they wouldn't gamble by forcing themselves. does slot gambling have a reverse? For example, if we gamble with the aim of having fun we will win, but if we gamble with the aim of winning, we tend to end up losing. That's right, one way to avoid big losses is to organize ourselves well, don't let ourselves be drawn deeper into gambling because that will only make them lose a lot of money by gambling. but even though it is simple, it is difficult to apply, this makes them unaware of the losses involved in gambling, and in my opinion this is the same as self-control, this is easy to say but difficult to do, just like self-control

Yes, as long as things are done in order they can turn out well, in fact when we play in the slots, everyone has their own way of doing things well, for example because I enjoy the slots that way, I don't There is another way, I always look for a way to do it better, with my money in the slots I don't look to win, but to enjoy, maybe to de-stress sometimes that is the only thing that causes loss in me, but there are erosions that have another approach, it is going to do all the things that basically we are doing things better, for example the people who want to make money with the games, yes, they can do it by betting little, but betting little and little all the time can also decapacitate us, 'for that in the games of lsots and in any casino game we must be intelligent and not think too much about what we win, but rather about what we lose, it is a shame that I did not learn it in games, I learned it in trading, I saw what that also applies here.

So when we know and are clear about what we know and what we can do based on our experience, there is a lot that we save or stop losing, for me it is very imperative to be able to do things better when we have our money willing to lose, the Things change like that, because things become secondary and it is not what we are looking for.

When we are looking for ways to play and strategies, we know that there are many, in fact there are very interesting articles on the bitcasino.io blog, I always recommend it because there are many ways to apply when we are in the slots, in fact they say there What are the different types of systems, how to treat them, everything about the RTP, this is very broad, one can think that the systems are just a simple way of doing things and no, the things are different, each thing has its science, it is incredible.

are you sure about that? gambling with money on slots but don't want to win, is that sure? I mean if you really want to enjoy gambling, you definitely want to win at least. In fact, if you want to get rid of stress by gambling, in my opinion it is more likely to be impossible, because gambling which has a greater percentage will result in defeat, so it is impossible to get rid of stress, on the contrary, it is likely that gambling which results in defeat will actually give you stress which makes you think that you can't. accept the reality of defeat.

and indeed everyone has their own way of gambling, but in my opinion their goal is the same, namely winning. with them gambling, in my opinion they want a win that can be obtained and can be taken home, perhaps it can be ascertained that 95% of those who gamble want to win and 5% gamble without wanting to win, because in my opinion gambling without wanting to win is unreasonable , because what are you looking for in slot gambling besides winning? Is there anything else to look for in slot gambling?

It may be true that there are many ways to apply when we are in slots, but in my opinion it will not guarantee a win, including the RTP.  Some people do gamble by believing in RTP racing but I don't because in my opinion it's just another way to lure gamblers to be more confident in gambling.

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February 03, 2024, 06:16:01 AM
 #389

Those who don't accept defeat would have to deal with the consequences of not accepting the unending losses attached to gambling activities. It's a personal decision which may have to do with multiple factors. Which we can't predict exactly why a gambler wouldn't stop gambling for some moment, after facing a spree of losses in his gambling activity. Some could be in a dilemma that eliminates the choices of being restrictive. As they're confused on ways of countering the problem gambling in them, hungrily seeking for few wins. A lot of gamblers respond to this differently, and few learns to restrict themselves, while others struggle over it and try to maintain and regulate their gambling urge. A gambler can easily change his authority over the money he earns, and hand it over to his spouse to help him manage the funds, to help them deal with the gambling difficulty. Even though, lots of gamblers, are well aware of the problem affiliated to gambling, but find it hard to ask for help from loved ones.
A gambler cannot stop himself when he has been lost because they still wants to try to recover their losses, and they thinks that if they continues gambling, they still has a chance to win. That's what makes them try to gamble. They still have that hope, even though it is not always true, because they can experience even bigger losses. Indeed, it is a personal decision, but they also have to look at their financial condition so that if they are low on money, they don't need to deposit any more money because that can make them return to gambling for longer. It will also cause them to experience greater losses. This requires self-control and clear boundaries in gambling so that they will not want to try to continue gambling just because they want to chase wins or recover their losses. They know that the more eager they are to do it, the more they will experience losses, so they will try to control their emotions and desire to continue their gambling game. For this reason, if someone is new to gambling, they should be able to learn to control themselves so that they don't experience difficulties in gambling and also won't follow their desires and ego to continue gambling.

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February 03, 2024, 09:23:58 AM
 #390


Honestly, it was not recommended but a choice for someone. Although we could think that 1% is a small percentage, how about the poor people who only have a small salary? For rich gamblers, that doesn't just matter, it was just a penny for them. But it should be this way, only gamble the excess money.
It would not be wrong if we could gamble more as long as it never compromises our finances but the usual problem is that most gamblers had put their lump some of the money into gambling hoping for luck and fortune which ended up emptying their pocket and even committing loans.

Poor people does not have to complicate themselves computing the percentage they'll gamble because they are poor, and poor does not have the capability to gamble since their income is not anymore. It will automatically fall to irresponsible gambling if they will force themselves in gambling, which is a very stupid idea as it will only make their miserable.

Honestly, this 1% from income is useless if you down have a decent income, because what is 1%? it's just a small amount of money that wouldn't give such exitement in gambling, so better prevent ourselves from gambling if we don't get the excitement as we might get tempted to risk beyond our limit. If you are earning $500 per month, your budget would be $5 per month, insane!

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February 03, 2024, 12:54:07 PM
 #391

Those who don't accept defeat would have to deal with the consequences of not accepting the unending losses attached to gambling activities. It's a personal decision which may have to do with multiple factors. Which we can't predict exactly why a gambler wouldn't stop gambling for some moment, after facing a spree of losses in his gambling activity. Some could be in a dilemma that eliminates the choices of being restrictive. As they're confused on ways of countering the problem gambling in them, hungrily seeking for few wins. A lot of gamblers respond to this differently, and few learns to restrict themselves, while others struggle over it and try to maintain and regulate their gambling urge. A gambler can easily change his authority over the money he earns, and hand it over to his spouse to help him manage the funds, to help them deal with the gambling difficulty. Even though, lots of gamblers, are well aware of the problem affiliated to gambling, but find it hard to ask for help from loved ones.
A gambler cannot stop himself when he has been lost because they still wants to try to recover their losses, and they thinks that if they continues gambling, they still has a chance to win. That's what makes them try to gamble. They still have that hope, even though it is not always true, because they can experience even bigger losses. Indeed, it is a personal decision, but they also have to look at their financial condition so that if they are low on money, they don't need to deposit any more money because that can make them return to gambling for longer. It will also cause them to experience greater losses. This requires self-control and clear boundaries in gambling so that they will not want to try to continue gambling just because they want to chase wins or recover their losses. They know that the more eager they are to do it, the more they will experience losses, so they will try to control their emotions and desire to continue their gambling game. For this reason, if someone is new to gambling, they should be able to learn to control themselves so that they don't experience difficulties in gambling and also won't follow their desires and ego to continue gambling.
losing isn't just part of the game; it is the game. The house always wins, remember? And yet, here you are, thinking you can beat the odds. It's not about hope; it's about math, pure and simple. The more you play, the more you lose. That's not pessimism; that's reality

But, if you must gamble, here's a thought: set strict limits. And I mean, ironclad. Decide beforehand how much you're willing to lose (because, let's face it, you will lose) and stick to it. No ifs, ands, or buts. And when that limit hits, you walk away. No second chances, no "just one more game." That's how you maintain control in a system designed to take it away from you

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February 03, 2024, 05:46:04 PM
 #392

Do you guys also follow a similar strategy like gambling with 1% or 2% on each game? This way not only we are safe from losing big amounts but at the same time, we never find ourselves in a situation where we go all in, in some bet and then have the fear of losing all of our money.
I believe so, yes and maybe playing as well for 3 consecutive days then the next week stop and then play again the next week. That's how I gamble and it feels really new to do it when you have a break and you get some insights especially if you're researching and taking some analysis on the sports you tend to follow specifically for gambling. Yeah, most of the time we are triggered specially if we lost and we tend to get that losses by not following the objective but I for me I take it as lessons.


If you gamble like this, I don't think that you will ever be an addicted gambler, a gambler should do everything possible divert his or her attention towards addiction, addiction had been a problem for many gamblers, so if anyone can curtail this with any means then that's fine, this strategy is good, I wish many gamers can work with this strategy this will reduce the rate of addiction in gambling.
Continues gambling without taking a break has been the problem most gamblers experience, this has turn many gamblers into addicts.

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February 03, 2024, 05:59:52 PM
 #393

Do you guys also follow a similar strategy like gambling with 1% or 2% on each game? This way not only we are safe from losing big amounts but at the same time, we never find ourselves in a situation where we go all in, in some bet and then have the fear of losing all of our money.
I believe so, yes and maybe playing as well for 3 consecutive days then the next week stop and then play again the next week. That's how I gamble and it feels really new to do it when you have a break and you get some insights especially if you're researching and taking some analysis on the sports you tend to follow specifically for gambling. Yeah, most of the time we are triggered specially if we lost and we tend to get that losses by not following the objective but I for me I take it as lessons.


If you gamble like this, I don't think that you will ever be an addicted gambler, a gambler should do everything possible divert his or her attention towards addiction, addiction had been a problem for many gamblers, so if anyone can curtail this with any means then that's fine, this strategy is good, I wish many gamers can work with this strategy this will reduce the rate of addiction in gambling.
Continues gambling without taking a break has been the problem most gamblers experience, this has turn many gamblers into addicts.
On the time that you do step your foot into the gambling field then it would really be just that normal that you should really be doing your best on not to get addicted to it.
There are tons of ways that  you could actually be able to avoid such thing if you are really just that responsible and wary with your actions. You wont really be putting up yourself on so much trouble later on.
1% spending on gambling is really just that right and something that you would really be needing to do so, yes its small and not something you could enjoy but this is something that you would
really be able to save up yourself on such addiction.

People do usually mess up their lives because of too much spending in gambling on which they might have set those limits earlier but on the time that they are on such losses
then those plans or limits had been changed up instantly and in the end and this is where people do usually be ending up
but if you do have that control then this wont be an issue.

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February 03, 2024, 07:37:06 PM
Last edit: February 05, 2024, 02:43:51 PM by len01
 #394

On the time that you do step your foot into the gambling field then it would really be just that normal that you should really be doing your best on not to get addicted to it.
There are tons of ways that  you could actually be able to avoid such thing if you are really just that responsible and wary with your actions. You wont really be putting up yourself on so much trouble later on.
1% spending on gambling is really just that right and something that you would really be needing to do so, yes its small and not something you could enjoy but this is something that you would
really be able to save up yourself on such addiction.
there are indeed many ways to avoid addiction and one of them is limiting your budget for gambling, which is one way that is easy to understand but sometimes it difficult to do because you are not used to limiting your budget for gambling and if you are used to it you will definitely easily try to commit to a limited budget has been determined.
however, 1% of our income is actually very small or at least 5% is enough to make gambling budget for one month depending on how well they manage their finances.

sometimes easy things like this can become very difficult when things get very hot or emotional, of course gambler ignores the rules and tries to bet again to catch up on losses and when the budget runs out he will try to deposit his money again.
this is why I say that it is all about the mindset of how a gambler can manage his budget wisely.

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February 03, 2024, 07:45:27 PM
 #395

Do you guys also follow a similar strategy like gambling with 1% or 2% on each game? This way not only we are safe from losing big amounts but at the same time, we never find ourselves in a situation where we go all in, in some bet and then have the fear of losing all of our money.
I believe so, yes and maybe playing as well for 3 consecutive days then the next week stop and then play again the next week. That's how I gamble and it feels really new to do it when you have a break and you get some insights especially if you're researching and taking some analysis on the sports you tend to follow specifically for gambling. Yeah, most of the time we are triggered specially if we lost and we tend to get that losses by not following the objective but I for me I take it as lessons.


If you gamble like this, I don't think that you will ever be an addicted gambler, a gambler should do everything possible divert his or her attention towards addiction, addiction had been a problem for many gamblers, so if anyone can curtail this with any means then that's fine, this strategy is good, I wish many gamers can work with this strategy this will reduce the rate of addiction in gambling.
Continues gambling without taking a break has been the problem most gamblers experience, this has turn many gamblers into addicts.

Yes, limiting gambling in any way whether in terms of time or budget is always recommended because that is the better approach to take as one of the things that leads to the prevention of addiction. True, lately the number of addicted gamblers is increasing, I see most of the youth in my area know about gambling and sometimes I also catch them gathering and gambling together in online gambling types such as slots which are more popular, and there are also some of them who are already in the chronic addiction phase who are even willing to do anything just to gamble like selling their valuables, I don't know why they are too crazy in gambling but what I am with is that they are very confident that someday they will be able to get a much bigger win to replace everything they have lost.

However this is a very wrong mindset that will eventually leave them with a tremendous level of regret when they realize that what they wanted never happened such as the recovery of something that was lost. On the other hand, some gamblers who will fall victim to addiction will usually say that gambling more often will make them closer to the chances of winning, when it is nothing more than a silly idea that makes no sense in addition to gambling that has no certainty whatsoever to produce a win.

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February 03, 2024, 08:23:34 PM
 #396

I really agree with what you said to allocate 1% for gambling, but that doesn't apply to me personally, why?
if we look at the numbers let's say I have an income of $200 a month so I only have $2 for gambling I think that's an inappropriate price to get pleasure from, the strategy I use is when I have more income than I should I will go to the casino and deposit it

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February 03, 2024, 08:48:53 PM
 #397

Those who don't accept defeat would have to deal with the consequences of not accepting the unending losses attached to gambling activities. It's a personal decision which may have to do with multiple factors. Which we can't predict exactly why a gambler wouldn't stop gambling for some moment, after facing a spree of losses in his gambling activity. Some could be in a dilemma that eliminates the choices of being restrictive. As they're confused on ways of countering the problem gambling in them, hungrily seeking for few wins. A lot of gamblers respond to this differently, and few learns to restrict themselves, while others struggle over it and try to maintain and regulate their gambling urge. A gambler can easily change his authority over the money he earns, and hand it over to his spouse to help him manage the funds, to help them deal with the gambling difficulty. Even though, lots of gamblers, are well aware of the problem affiliated to gambling, but find it hard to ask for help from loved ones.
A gambler cannot stop himself when he has been lost because they still wants to try to recover their losses, and they thinks that if they continues gambling, they still has a chance to win. That's what makes them try to gamble. They still have that hope, even though it is not always true, because they can experience even bigger losses. Indeed, it is a personal decision, but they also have to look at their financial condition so that if they are low on money, they don't need to deposit any more money because that can make them return to gambling for longer. It will also cause them to experience greater losses. This requires self-control and clear boundaries in gambling so that they will not want to try to continue gambling just because they want to chase wins or recover their losses. They know that the more eager they are to do it, the more they will experience losses, so they will try to control their emotions and desire to continue their gambling game. For this reason, if someone is new to gambling, they should be able to learn to control themselves so that they don't experience difficulties in gambling and also won't follow their desires and ego to continue gambling.

Those who don't know much on self-control should have some exceptional ways or techniques of dealing with their incapability. Gamblers who are fed up with wagering lots of money each day, already knows they're not proficient in self-control, but they still maintain their problem and remain safe from addiction. One could hand over his cards, and delete bank apps from his devices, and restrict himself from having access to his money. It helps some people with no self-control to avoid long term troubles in gambling. It's just a onetime control, which saves the gambler from severe problem gambling. Possessing the self-control skill is fine and beneficial, but lots of people who own such skills, sometimes, battles with addiction. In such cases as heart breaks can be too strong on a gambler that he'd forget about his self-control while gambling. A good gambler is also expected to get hold of his thoughts even on a bad day. As gambling could be relaxing their brain, at the moment, but later on, could be annoying, adding to the trouble of the gambler. It is also important that a gambler don't take beer while gambling. The control doesn't revolve on bankroll again, but every other distraction that could cause distraction or annoyance to the gambler.  

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panganib999
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February 03, 2024, 10:45:30 PM
 #398

Good one. been seeing and learning that a lot of us here are big-steppers when we gamble to which I say, you do you, but at the same time I don't see it as a sustainable way for you to really keep your bankroll going especially if you're gambling on a budget.

Setting a specific amount for each bet is a great start to learning gambling discipline and I implore people who've been belligerent gamblers in the past and present to actually try this, it's not gonna cost you a lot (pun intended) and it's gonna keep your gambling bankroll going on for longer, which is a massive win-win if I do say so myself. But if you really can't be bothered to gamble on a budget, then at the very least risk-assess yourself and find out just how much you could lose before you dry your bankroll up, from there create a feasible gambling plan that would allow you to maximize the most number of games at the highest possible bets.
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February 03, 2024, 11:14:21 PM
 #399

I really agree with what you said to allocate 1% for gambling, but that doesn't apply to me personally, why?
if we look at the numbers let's say I have an income of $200 a month so I only have $2 for gambling I think that's an inappropriate price to get pleasure from, the strategy I use is when I have more income than I should I will go to the casino and deposit it
1% is a risk-free investment for gambling from your $200 monthly earning if you gamble with only $2 it is very cheap and you wouldn’t get much fun with this amount so i suggest 5% for gambling if you use 5% it should $10 this amount is perfect for gambling and getting much fun. so if someone has high monthly salary more then 1 thousand usd they can 1% it will $10 and also they can use up to 5% to enjoy the gambling. and always gambling should accept as a entertainment only


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February 03, 2024, 11:22:16 PM
 #400

I really agree with what you said to allocate 1% for gambling, but that doesn't apply to me personally, why?
if we look at the numbers let's say I have an income of $200 a month so I only have $2 for gambling I think that's an inappropriate price to get pleasure from, the strategy I use is when I have more income than I should I will go to the casino and deposit it
1% is a risk-free investment for gambling from your $200 monthly earning if you gamble with only $2 it is very cheap and you wouldn’t get much fun with this amount so i suggest 5% for gambling if you use 5% it should $10 this amount is perfect for gambling and getting much fun. so if someone has high monthly salary more then 1 thousand usd they can 1% it will $10 and also they can use up to 5% to enjoy the gambling. and always gambling should accept as a entertainment only
if it's 5% I think it's more real than 1%, we can still consider losing 5% as a loss, but if it's only 1% this is just an opinion in my opinion, I think it's impossible for someone who earns $1k in a month to only spend $10 for gambling entertainment, maybe 1% is risk free but I'm not sure that will satisfy them in playing, neither do I, of course we all hope for a win, with a capital of $2 what win can we expect if I use 5% I can expect a big win enough and accept it if you lose

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