Responsible gambling

[kentrolla]

I've read quite a few threads about self-control, budget management, and more in this forum. The content in these threads is indeed helpful for newcomers, but it seems like there are already too many threads like this here. Honestly, it makes me bored.

Many people tend to lose control when they experience big wins or losses. Yeah... the emotions from the mind usually influence them to become greedy or vengeful. Any limits won't be of any use, so it's basically nonsense for people like them.

Wise individuals will stay wise in gambling, and that's an advantage not many people possess. Without you teaching them to set limits, they're already doing it automatically.

We need to set a clear expectation that when it comes to gambling one person's gain is another person's loss and vice versa this we cannot plan much here when it comes to tactics but yeah the only thing which we control over here is the amount of isk which we want to take as it should only be the amount we can afford to use and if we win there should be a percentage which should be reinvested rest should be saved if we can create an strategy around it then we can conquer the emotions and act like machine.

[junder]

Gambling has a lot of associated risks. Very few understand and spend as they're spending on some entertainment. Most of the time, gamblers used to feel bad for their activities after they'd lost big. Then, to recover from the loss and get back to a normal life, it takes more time. By the time the lucky survive and succeed, the rest end up losing more and more. Most don't understand gambling in the right way, which is why they lose a lot. Some realize they're on the losing side but never find a way to come out of it. Responsible gambling means spending a limited amount and having perfect data on what has been lost and the entire statistics.

Spending money on entertainment will be better than gambling if we cannot control ourselves in gambling, because when we experience a big loss in gambling it will certainly be very disappointing and we will suffer a lot of financial losses. Those who don't understand the gambling involved will of course suffer a lot of defeats and there are some people who can stop after experiencing several defeats and there are also those who keep playing so that they will experience even more defeats. What you say is very correct, those who can regulate the number of bets they play will certainly not experience many losses, because they will not continue gambling after experiencing defeat.

that's one way to spend money well, because by going on holiday we can have fresh thoughts, on the other hand, if we spend money by gambling maybe it can also be fun but it tends to only make us emotional, annoyed, and maybe make us not calm, because gambling can make emotions rise with games that may not be good which makes us annoyed with every round. Moreover, if we cannot control ourselves well, it is likely that it will make us spend more money on gambling and the results will most likely only disappoint us.

limiting your gambling budget is a must because it will prevent us from losing a lot of money, but to do that is very difficult in my opinion, because many people who gamble don't have a fixed budget, maybe it's because they don't have good self-control so they can continue gambling continuously, even though they only lose in the end, which of course makes them lose financially. If they had good self-control maybe that wouldn't happen.

[Oilacris]

I've read quite a few threads about self-control, budget management, and more in this forum. The content in these threads is indeed helpful for newcomers, but it seems like there are already too many threads like this here. Honestly, it makes me bored.

Many people tend to lose control when they experience big wins or losses. Yeah... the emotions from the mind usually influence them to become greedy or vengeful. Any limits won't be of any use, so it's basically nonsense for people like them.

Wise individuals will stay wise in gambling, and that's an advantage not many people possess. Without you teaching them to set limits, they're already doing it automatically.

We need to set a clear expectation that when it comes to gambling one person's gain is another person's loss and vice versa this we cannot plan much here when it comes to tactics but yeah the only thing which we control over here is the amount of isk which we want to take as it should only be the amount we can afford to use and if we win there should be a percentage which should be reinvested rest should be saved if we can create an strategy around it then we can conquer the emotions and act like machine.

Make yourself aware about the risks or the result then it would really be just that fine for you to gamble on which on the time that you would be having those losses then you wont really be finding yourself to be that impulsive which would be leading into that being desperate and we do know that this is really that something very not that good thing to be done by someone when dealing with gambling on which you are really that putting yourself on such great harm. Be responsible on any actions that you are making and never ever consider out gambling to be a source of income because you would really be putting up yourself on such great trouble if you do set those unrealistic approach on things and expectations towards gambling on where you do
believe that making money would really be just that easy and simple which it is really that totally opposite.

[Wiwo]

Taking gambling as an investment may help you manage your losses and winnings. This will help you to plan on how much money to stake with. It will also help you to avoid spending unnecessarily when you win.

Really,  this is the first time I am reading something like this and at first, I was a bit amazed and wanted to get turned off but when I continued reading I saw that you have a very good point and all the while I have not thought of it that way,  because if you take gambling as an investment,  you will be concise in your dealings and spending at the same time,  some of the things that affect many gamblers is the inability to follow lay down the principle that can help them to save their money while gambling.

But if gambling is taken as an investment,  the player will be more proactive and deliberate in all that he does and as long as it making them profit it then ok.

But also fun gambling also is one thing we have to take into consideration since gambling is not a guaranteed source of income or investment.

[Fivestar4everMVP]

Taking gambling as an investment may help you manage your losses and winnings. This will help you to plan on how much money to stake with. It will also help you to avoid spending unnecessarily when you win.

Really,  this is the first time I am reading something like this and at first, I was a bit amazed and wanted to get turned off but when I continued reading I saw that you have a very good point and all the while I have not thought of it that way,  because if you take gambling as an investment,  you will be concise in your dealings and spending at the same time,  some of the things that affect many gamblers is the inability to follow lay down the principle that can help them to save their money while gambling.

But if gambling is taken as an investment,  the player will be more proactive and deliberate in all that he does and as long as it making them profit it then ok.

But also fun gambling also is one thing we have to take into consideration since gambling is not a guaranteed source of income or investment.

Haha, as much as I indeed understand the angle you both are coming from, I still will not support that gambling should be seen as an investment, why, because gambling is not an investment in the first place.
Seeing and talking gambling as an investment has its pros quite alright, but if you check it, the cons are much more than the pros.

Taking gambling as an investment could also be liken to taking gambling as a business the gambler is possibly expecting to profit consistently from, this could lead to alot of gambling problems like over gambling and addiction, over gambling means that, the gambler start spending much time than necessary in gambling, which in turn can lead to addiction.

So, for me, I think it's better or best for us to always see, and take gambling for what it truly is, trying to see and take it as something it's not could be disastrous.

[Wiwo]

Haha, as much as I indeed understand the angle you both are coming from, I still will not support that gambling should be seen as an investment, why, because gambling is not an investment in the first place.
Seeing and talking gambling as an investment has its pros quite alright, but if you check it, the cons are much more than the pros.

Taking gambling as an investment could also be liken to taking gambling as a business the gambler is possibly expecting to profit consistently from, this could lead to alot of gambling problems like over gambling and addiction, over gambling means that, the gambler starts spending much time than necessary in gambling, which in turn can lead to addiction.

So, for me, I think it's better or best for us to always see, and take gambling for what it truly is, trying to see and take it as something it's not could be disastrous.

Yes in the general opinion,  gambling shouldn't be taken or seen as an investment,  but also if we can apply some investment mechanisms in gambling and also be able to effectively guide ourselves and our finances using such techniques this could be of a great help to us and sometimes all that we need is just an approach to follow and nothing more.

If you recall that in my last sentence on that comment,  you will read where I mentioned to always avoiding the practical perspective of taking gambling as an investment.

[SamReomo]

Yes in the general opinion,  gambling shouldn't be taken or seen as an investment

'
Not in general but in any opinion gambling should never be considered as an investment because the ones who gamble often get so involved in it that they forget about the risk of losses. Many gamblers lose thousands of dollars per day while investors can't risk to lose that much.

An investor should always have an active approach towards investing because even in case of minor losses the investment becomes a failure. I think it's way better to directly invest in an asset like Bitcoin rather than investing in gambling at all. However, if someone invests to make a casino then that's another thing.

In gambling such investment will always turn out as a failure and someone should most probably avoid it. Gambling should be done just for sake of some entertainment and gambling responsibility should be incorporated each time when someone gambles.

[Fredomago]

I've read quite a few threads about self-control, budget management, and more in this forum. The content in these threads is indeed helpful for newcomers, but it seems like there are already too many threads like this here. Honestly, it makes me bored.

Many people tend to lose control when they experience big wins or losses. Yeah... the emotions from the mind usually influence them to become greedy or vengeful. Any limits won't be of any use, so it's basically nonsense for people like them.

Wise individuals will stay wise in gambling, and that's an advantage not many people possess. Without you teaching them to set limits, they're already doing it automatically.

We need to set a clear expectation that when it comes to gambling one person's gain is another person's loss and vice versa this we cannot plan much here when it comes to tactics but yeah the only thing which we control over here is the amount of isk which we want to take as it should only be the amount we can afford to use and if we win there should be a percentage which should be reinvested rest should be saved if we can create an strategy around it then we can conquer the emotions and act like machine.

Make yourself aware about the risks or the result then it would really be just that fine for you to gamble on which on the time that you would be having those losses then you wont really be finding yourself to be that impulsive which would be leading into that being desperate and we do know that this is really that something very not that good thing to be done by someone when dealing with gambling on which you are really that putting yourself on such great harm. Be responsible on any actions that you are making and never ever consider out gambling to be a source of income because you would really be putting up yourself on such great trouble if you do set those unrealistic approach on things and expectations towards gambling on where you do
believe that making money would really be just that easy and simple which it is really that totally opposite.

Yeah, if you practice that kind of mentality,  you won't chased those money that you lose but instead you will be moving forward and looking for better adjustments to avoid repeating that same outcome,  being responsible means that you are aware of both risk and possibility,  if you can set the limit and manage  it to overdo anything,  chances that you will not become addicted is more possible compared to those who don't know how to control their own emotions.

[EarnOnVictor]

I've read quite a few threads about self-control, budget management, and more in this forum. The content in these threads is indeed helpful for newcomers, but it seems like there are already too many threads like this here. Honestly, it makes me bored.

Many people tend to lose control when they experience big wins or losses. Yeah... the emotions from the mind usually influence them to become greedy or vengeful. Any limits won't be of any use, so it's basically nonsense for people like them.

Wise individuals will stay wise in gambling, and that's an advantage not many people possess. Without you teaching them to set limits, they're already doing it automatically.

We need to set a clear expectation that when it comes to gambling one person's gain is another person's loss and vice versa this we cannot plan much here when it comes to tactics but yeah the only thing which we control over here is the amount of isk which we want to take as it should only be the amount we can afford to use and if we win there should be a percentage which should be reinvested rest should be saved if we can create an strategy around it then we can conquer the emotions and act like machine.

Many things need to be controlled, or should I say prevented and corrected by gamblers, they should not gamble based on how it comes to their head or how they feel it should be done at that moment without a due process and plan that will always put them right and keep them in check particularly when they are addicted to gambling. Gambling is not such that is easy to work through the way many think, but with the right gambling approach, the risk will be lessened and success could be made as it should, though not promised. Without mincing words, what's peculiar to those gamblers who are proud of what they do even if there is not much success is that they do have good plans, especially on budgets, and preserve their gambling psychology, and once they do not go astray, they are good to go.

They know what to do and what not to do which is a way to make gambling safe for everyone. Playing with the right calculation before opening that gambling platform will help you fight the urge to bet more, and we should always know that the gambler's plan without discipline and determination can still end in futility. We should guard our minds in this regard and make sure that we make it play as planned. There is nothing more responsible than this.

[Wiwo]

Many things need to be controlled, or should I say prevented and corrected by gamblers, they should not gamble based on how it comes to their head or how they feel it should be done at that moment without a due process and plan that will always put them right and keep them in check particularly when they are addicted to gambling. Gambling is not such that is easy to work through the way many think, but with the right gambling approach, the risk will be lessened and success could be made as it should, though not promised. Without mincing words, what's peculiar to those gamblers who are proud of what they do even if there is not much success is that they do have good plans, especially on budgets, and preserve their gambling psychology, and once they do not go astray, they are good to go.

They know what to do and what not to do which is a way to make gambling safe for everyone. Playing with the right calculation before opening that gambling platform will help you fight the urge to bet more, and we should always know that the gambler's plan without discipline and determination can still end in futility. We should guard our minds in this regard and make sure that we make it play as planned. There is nothing more responsible than this.

A lot of time many of the problems that players hard in terms of uncontrolled losses and addictions all come from the inability to set a limit and follow tthoselimits at all times,  any gambler who does not have personally set limits and also guidelines on how much time and money he spends on gambling will always fall into such problems and most of us already know that fact and we are play

So for sure, a lot has to be done to stay safe while gambling and since we already know that we as players will have to make sure that we follow such personal principles at all times to prevent any possible troubles along the way.

Gambling is a lot more risky and for that, we have to apply limits at every given point in time to be able to prevent any possible crises that may arise along the line.

[iv4n]

We need to set a clear expectation that when it comes to gambling one person's gain is another person's loss and vice versa

This is more about trading than gambling, you can't make a profit if someone else doesn't lose. When it comes to gambling, this can only be applied only on poker and maybe on a few other PvP games (bet there aren't many of them), all other games are players vs house. So we can see a few players winning while the house is suffering, but how often that happens?

Clear expectations about gambling & trading are to expect the unexpected. We can make some profit, but we need to be aware that we can lose as well, it's why it's important to be responsible. Never risk too much, it can backfire so easily and pretty quickly.

[Dunamisx]

Yes in the general opinion,  gambling shouldn't be taken or seen as an investment

'
Not in general but in any opinion gambling should never be considered as an investment because the ones who gamble often get so involved in it that they forget about the risk of losses. Many gamblers lose thousands of dollars per day while investors can't risk to lose that much.

Either ways you both presented it, gambling is not an investment, the only way we can consider it an investment is on those who have invested to start a gambling business as their own establishment which I believe could have involved alot of money as well, but for any gambler who thinks he could also finds a means of living through gambling may be totally wrong about it.

[Wiwo]

Yes in the general opinion,  gambling shouldn't be taken or seen as an investment

'
Not in general but in any opinion gambling should never be considered as an investment because the ones who gamble often get so involved in it that they forget about the risk of losses. Many gamblers lose thousands of dollars per day while investors can't risk to lose that much.

Either ways you both presented it, gambling is not an investment, the only way we can consider it an investment is on those who have invested to start a gambling business as their own establishment which I believe could have involved alot of money as well, but for any gambler who thinks he could also finds a means of living through gambling may be totally wrong about it.

My friend Dunamisx were are aware of the fact that gambling is not an investment,  and all the comments have pointed out the factors that make gambling not to be an investment out for a better understanding of the point we are trying to pass.

But on the other hand, we were discussing a pathway to make some positive decisive decisions in gambling,  and for that the reason why we both mentioned investment mentality as a gambler in our comments,  I hope this comment helps you gain more understanding of our points.

[Quidat]

Yes in the general opinion,  gambling shouldn't be taken or seen as an investment

'
Not in general but in any opinion gambling should never be considered as an investment because the ones who gamble often get so involved in it that they forget about the risk of losses. Many gamblers lose thousands of dollars per day while investors can't risk to lose that much.

Either ways you both presented it, gambling is not an investment, the only way we can consider it an investment is on those who have invested to start a gambling business as their own establishment which I believe could have involved alot of money as well, but for any gambler who thinks he could also finds a means of living through gambling may be totally wrong about it.

Gambling could really be just that an investment on the time that you would really be that making yourself to be the house and this is the only possibility that you could really be having advantage or making money through gambling on which you are really that the owner but if you are the gambler? Dont expect much and it would really be that best that you should really be that
making yourself wary about the reality and dont make yourself that delusional because if you do then this is where things turns out to be that messy on which you would be making those
bad decisions and actions on which it musnt really that supposed to be done in the first place. Make yourself that responsible and mindful about on the
actions made specially on dealing with gambling.

[Mia Chloe]

  Either ways you both presented it, gambling is not an investment, the only way we can consider it an investment is on those who have invested to start a gambling business as their own establishment which I believe could have involved alot of money as well, but for any gambler who thinks he could also finds a means of living through gambling may be totally wrong about it.

You're correct. Gambling can be considered as an investment only if you've built or own a casino, gambling service or organization. This is because in this case, you're making profits from other gamblers via your setup and have invested in creating a place for their enjoyment. However, for a regular gambler, viewing gambling as a means to earn a living may lead to unrealistic expectations which
can be fueled by excess emotional rush and can make the gambler in question go bankrupt by suffering multiple losses and excessive spending which can possibly leading to addiction.

[XX_19933]

And also never gamble with what you cannot afford to lose. I mitigate some of the risks associated with gambling by having majority of my funds in my XFUN wallet, while having a smaller, insignificant amount on the platform of my choice, Dplay. By doing so, I can control how much I lose per session. Also, I try to always remain sober while gambling, cuz if I'm not, I tend to make mistakes, and gamble way more than I have originally planned to

[Dewi Aries]

Many of them gamble by experiencing defeat, and I'm sure they are fully aware that the defeat is causing them losses, but that awareness can still be overcome by the sense of greed that exists in them so they don't really care about it, because they are chasing the winnings that are in store for them. gambling that they have to get in order to cover their greed. I think they gamble with the wrong aim, so many of them become addicted to gambling, if only they could limit their gambling activities maybe the addiction wouldn't happen, because basically they become addicted to it because of their own actions, not by coercion from other people. or casino.

Responsible gambling is only done by people who have a good mindset, but very few people can gamble responsibly, know when to stop, and know that excessive gambling can make them lose a lot of money quickly. . On the other hand, someone who gambles irresponsibly doesn't care about the losses they get, they only focus on their goals with the ambition to get a big win.

[Zoomic]

Responsible gambling is only done by people who have a good mindset, but very few people can gamble responsibly, know when to stop, and know that excessive gambling can make them lose a lot of money quickly. . On the other hand, someone who gambles irresponsibly doesn't care about the losses they get, they only focus on their goals with the ambition to get a big win.

You are right on this. Those who have good mindsets know what they stand for and they are not easily influenced by  forces like greed.  They set gambling goals and stick to them. These goals prevent them from gambling excessively.  This is quite difficult for many people to abide to because many people who call themselves gamblers do not know what they want.  They only know that you can win big money if you play your cards well. This they do without any sense of direction to help them stay on track while gambling, this is why many experience gambling problems even while winning.

Gambling is an interesting activity, but the bad bad gamblers are making it seem like gambling ruins lives. Just like alcohol, if you gamble irresponsibly, it will intoxicate you until you lose your mind and lose money too. It is now left for us to decide what we want for ourselves.

[danadc]

And also never gamble with what you cannot afford to lose. I mitigate some of the risks associated with gambling by having majority of my funds in my XFUN wallet, while having a smaller, insignificant amount on the platform of my choice, Dplay. By doing so, I can control how much I lose per session. Also, I try to always remain sober while gambling, cuz if I'm not, I tend to make mistakes, and gamble way more than I have originally planned to

I understand, whenever I go to play something like this also happens to me, I'm not one to have many tokens, or altcoins, but sometimes one seems to lose control and then put too much, and of course one gets a lot of scares from seeing oneself. that you can lose all that is something that you cannot afford to lose, I am very careful now with my funds, because they are no longer altcoins, but rather it is something of Bitcoin and that is the only thing that makes me painful to lose, first because the fees are very expensive and second because things with bitcoin are very valuable, now that it is rising in price, that is when you should take the most care.

When I'm in the casino I look for gnar, and not spending more, but when I see that my satoshisis are going very easily, no, that scares me and I don't want to spend more, that's why I get stuck and sometimes I don't play, but Because that's my self-control, it's difficult because sometimes you feel the temptation that if I keep betting I'll win, but no, it's better to hold on.

[Mr.suevie]

I've read quite a few threads about self-control, budget management, and more in this forum. The content in these threads is indeed helpful for newcomers, but it seems like there are already too many threads like this here. Honestly, it makes me bored.

Many people tend to lose control when they experience big wins or losses. Yeah... the emotions from the mind usually influence them to become greedy or vengeful. Any limits won't be of any use, so it's basically nonsense for people like them.

Wise individuals will stay wise in gambling, and that's an advantage not many people possess. Without you teaching them to set limits, they're already doing it automatically.

We need to set a clear expectation that when it comes to gambling one person's gain is another person's loss and vice versa this we cannot plan much here when it comes to tactics but yeah the only thing which we control over here is the amount of isk which we want to take as it should only be the amount we can afford to use and if we win there should be a percentage which should be reinvested rest should be saved if we can create an strategy around it then we can conquer the emotions and act like machine.

I don't know if you have actually tried this plan of yours yourself because if you ask me saving gambling money is really likewise also reinvesting a little portion of it so what I do is I just withdraw my winnings and use it for something tangible that I won't regret spending it on and just continue with my gambling whenever I feel like as I don't even gamble on a daily, the habits comes now whenever I feel like it and not like before when it almost turned out to be an urge problem.