Responsible gambling

[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.

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.

Yes, if you have that kind of mentality then you will enjoy your winnings, seeing that you manage yo buy something out from your gambling sessions is something that will boost you, I mean each time you are winning and you manage to withdraw and use it for another type of enjoyment that's really enjoyable right? And you are satisfying your gambling activities.  Just avoid getting too much attachments as it can lead you to addiction that not meant to happened.

[passwordnow]

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

Gambling money or profit you've made from there is good to see from a gambler that spends it wisely like putting it on his or her savings or an investment. That's actually what everyone must do, not that you've won, you'll think that it's fine to lose that much again because your bankroll when you have started isn't that much. But if you're going to take a look and see, that's the plan of the majority, to win, to take money and do something meaningful with it like keeping or investing.

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.

That's the right feeling, you can gamble whenever you want or anytime as you wish as long as yo still have that money. Otherwise, you are only good to gamble again with another capital or bankroll for which isn't desirable as you might come up with another losses. But if this is the type of your strategy when you gamble, I salute you and that's what other gamblers have to learn from someone like you. Not just gamble like there's no direction whether you win or lose, that's not gonna matter to you. But from the beginning, you already have some plans.

[Assface16678]

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.

Yes, if you have that kind of mentality then you will enjoy your winnings, seeing that you manage yo buy something out from your gambling sessions is something that will boost you, I mean each time you are winning and you manage to withdraw and use it for another type of enjoyment that's really enjoyable right? And you are satisfying your gambling activities.  Just avoid getting too much attachments as it can lead you to addiction that not meant to happened.

True, but what if the opposite happens? Yes, using the profit from gambling to buy something or to use for investment is a wise choice, but what if you keep on losing? Although buying stuff from gambling winnings can motivate you or lift your mood, the fact that you have losses means you will still have regrets about it. I personally feel this kind of feeling: yes, I'm earning sometimes in gambling, "sometimes," meaning I'm more into having huge losses than what I've earned, and I know it because I have a tracker or a file wherein I record all my expenses in gambling so that I can know if I'm still earning or the opposite. It's very hard to stay responsible in gambling, especially if you know that you can't control yourself. If you can't, then you should stop gambling. If the money you are getting from your winnings is being used for gambling again, then you are not a responsible gambler in that.

[Wiwo]

Yes, if you have that kind of mentality then you will enjoy your winnings, seeing that you manage yo buy something out from your gambling sessions is something that will boost you, I mean each time you are winning and you manage to withdraw and use it for another type of enjoyment that's really enjoyable right? And you are satisfying your gambling activities.  Just avoid getting too much attachments as it can lead you to addiction that not meant to happen.

The thing I do most times is to always set aside a portion of each of my winnings to purchase some other assets and make sure that I have the reserves to keep me going without looking back at the investment on a long-term basis,  and one of the ways I invest such money is to buy assets like gold or do a project that can help elevate my financial well being at some point so as not to be under any pressure if I never record such winning again for some time.

Many times,  I have seen that most gamblers use to make the mistake of leaving their winning in the casino,  even when the money accumulated is already huge enough to offset them into something better but choose to risk leaving it in the casino where there are possible tendency of gambling away the entire balance just with just one temptation.

[SamReomo]

Many times,  I have seen that most gamblers use to make the mistake of leaving their winning in the casino,  even when the money accumulated is already huge enough to offset them into something better but choose to risk leaving it in the casino where there are possible tendency of gambling away the entire balance just with just one temptation.

You're right most of the times that happen and the gamblers really don't care much about leaving their winnings on that casino's wallet. I believe one should withdraw the winnings and invest those in an asset for sometime if the winnings are already high and when makes some profits from that asset then comes back to the casino and start a new gambling session again with some money. That way one will never have the temptation to gamble more or earn a lot of money by putting all the winnings at risk.

[Wiwo]

Many times,  I have seen that most gamblers use to make the mistake of leaving their winning in the casino,  even when the money accumulated is already huge enough to offset them into something better but choose to risk leaving it in the casino where there are possible tendency of gambling away the entire balance just with just one temptation.

You're right most of the times that happen and the gamblers really don't care much about leaving their winnings on that casino's wallet. I believe one should withdraw the winnings and invest those in an asset for sometime if the winnings are already high and when makes some profits from that asset then comes back to the casino and start a new gambling session again with some money. That way one will never have the temptation to gamble more or earn a lot of money by putting all the winnings at risk.

Yeah,  I have wasted my balances a number of time before to this temptation,  and this even go as far as affecting my betting pattern,  aside from the fact that having big balance with withdrawal on a casino comes with risk of gambling away with the entire balance,  it has gone as far as to affect how much a stake on a bet per go,  many times I have not being following my principle of not betting high amount on a game,  but I noticed that,  each time I have high balance I am always carried away to do otherwise and gambling more than I should which has been one of the set backs that made me never to leave any balance on my account regardless of how much was my previous winning be it big or small amount.

[Awaklara]

Yeah,  I have wasted my balances a number of time before to this temptation,  and this even go as far as affecting my betting pattern,  aside from the fact that having big balance with withdrawal on a casino comes with risk of gambling away with the entire balance,  it has gone as far as to affect how much a stake on a bet per go,  many times I have not being following my principle of not betting high amount on a game,  but I noticed that,  each time I have high balance I am always carried away to do otherwise and gambling more than I should which has been one of the set backs that made me never to leave any balance on my account regardless of how much was my previous winning be it big or small amount.

I also feel that. although usually, I allocate a fixed balance each time I start betting. but when I get a big enough win, I usually leave a bigger balance than I usually play with. and that seemed to stimulate me to bet bigger with a sufficient balance. even though I rarely do that, the situation almost repeats itself every time I finish with my winnings.
My mistake was not learning from experience, but it felt like I was not in control of doing that. Is that what you feel too?

[Hirose UK]

~snip~

Yes, if you have that kind of mentality then you will enjoy your winnings, seeing that you manage yo buy something out from your gambling sessions is something that will boost you, I mean each time you are winning and you manage to withdraw and use it for another type of enjoyment that's really enjoyable right? And you are satisfying your gambling activities.  Just avoid getting too much attachments as it can lead you to addiction that not meant to happened.

A wise decision is to withdraw some of the winnings and use it for more tangible things, such as buying valuable items or using it to have fun with family or those closest to you, but it is better to turn it into valuable item.
I still think that using the winning money to invest might also be good decision but if it is only small win it will never be worth using it to invest.
It just that everyone goals are different, there are those who can't have sense of responsibility so they use their winnings to return to gambling and there are those who use it for things that are more positive and beneficial in the long term.
I myself am gambler, I use cryptocurrency and when I get certain amount of winnings, I will always withdraw 70% of the winnings, but half of the 70% I withdraw will be kept in crypto.
There are some cryptos that I believe can be profitable in the long term so it like saving, buying them little by little and selling them when they experience high price increase.

[rodskee]

Yeah,  I have wasted my balances a number of time before to this temptation,  and this even go as far as affecting my betting pattern,  aside from the fact that having big balance with withdrawal on a casino comes with risk of gambling away with the entire balance,  it has gone as far as to affect how much a stake on a bet per go,  many times I have not being following my principle of not betting high amount on a game,  but I noticed that,  each time I have high balance I am always carried away to do otherwise and gambling more than I should which has been one of the set backs that made me never to leave any balance on my account regardless of how much was my previous winning be it big or small amount.

I also feel that. although usually, I allocate a fixed balance each time I start betting. but when I get a big enough win, I usually leave a bigger balance than I usually play with. and that seemed to stimulate me to bet bigger with a sufficient balance. even though I rarely do that, the situation almost repeats itself every time I finish with my winnings.
My mistake was not learning from experience, but it felt like I was not in control of doing that. Is that what you feel too?

It is what we felt most of the time mate and like what he said and yours I also commit the same mistakes
sometimes though It is not about gambling but indeed in real form of life i felt like I am not learning for a certain things ,
so what more for you regular gamblers that constantly dealing in winning and losses? I am also a gambler but knows my
limit so I will not question yours but I understand your problems and also can feel your thoughts about that.but nowadays
I am in control because I seek help and advise from my Wife that is truly an angel to me so If I may ask could you also
ask someone close to you making some best advise for you to take this into next level.

[michellee]

Many times,  I have seen that most gamblers use to make the mistake of leaving their winning in the casino,  even when the money accumulated is already huge enough to offset them into something better but choose to risk leaving it in the casino where there are possible tendency of gambling away the entire balance just with just one temptation.

You're right most of the times that happen and the gamblers really don't care much about leaving their winnings on that casino's wallet. I believe one should withdraw the winnings and invest those in an asset for sometime if the winnings are already high and when makes some profits from that asset then comes back to the casino and start a new gambling session again with some money. That way one will never have the temptation to gamble more or earn a lot of money by putting all the winnings at risk.

We should withdraw the money when we have won a lot and the amount has reached the minimum withdrawal limit. But most people will be tempted to use the winnings by gambling again to double the money. This has become a common mistake that many gamblers make.

We must be able to avoid things like that and use the time to withdraw the winnings. It is also to prevent the desire to continue gambling. We must learn to control ourselves so that offers from casinos do not easily tempt us.

Withdrawing his winnings and investing it in other things, such as investing in Bitcoin, is one way to grow his money. And that is beyond gambling because we are not gambling on that investment. And when his investment has made a profit, he can start reducing his gambling activities to focus more on his investment.

[Jody.Drummer]

Many times,  I have seen that most gamblers use to make the mistake of leaving their winning in the casino,  even when the money accumulated is already huge enough to offset them into something better but choose to risk leaving it in the casino where there are possible tendency of gambling away the entire balance just with just one temptation.

You're right most of the times that happen and the gamblers really don't care much about leaving their winnings on that casino's wallet. I believe one should withdraw the winnings and invest those in an asset for sometime if the winnings are already high and when makes some profits from that asset then comes back to the casino and start a new gambling session again with some money. That way one will never have the temptation to gamble more or earn a lot of money by putting all the winnings at risk.

We should withdraw the money when we have won a lot and the amount has reached the minimum withdrawal limit. But most people will be tempted to use the winnings by gambling again to double the money. This has become a common mistake that many gamblers make.

We must be able to avoid things like that and use the time to withdraw the winnings. It is also to prevent the desire to continue gambling. We must learn to control ourselves so that offers from casinos do not easily tempt us.

Withdrawing his winnings and investing it in other things, such as investing in Bitcoin, is one way to grow his money. And that is beyond gambling because we are not gambling on that investment. And when his investment has made a profit, he can start reducing his gambling activities to focus more on his investment.

This often happens among every gambler, because everyone definitely wants a bigger win, and this is what makes them gamble after getting a big win, and indeed, if they have gotten a win that is quite profitable, it is better to just cash it out. because that is the most appropriate action to take when you have achieved a fairly profitable win.

That's right, we have to be able to control ourselves so that we don't gamble again after getting a big win, because the risk is also greater where the winnings that we have obtained can be lost in a short time, this needs to be paid attention to because there are still some and maybe a lot of them. people who don't pay attention to this one thing. Before entering into investment matters, of course they must have self-control first so they can cash in the winnings they have received, because very few people can cash out their winnings after winning.

[cafter]

Many times,  I have seen that most gamblers use to make the mistake of leaving their winning in the casino,  even when the money accumulated is already huge enough to offset them into something better but choose to risk leaving it in the casino where there are possible tendency of gambling away the entire balance just with just one temptation.

You're right most of the times that happen and the gamblers really don't care much about leaving their winnings on that casino's wallet. I believe one should withdraw the winnings and invest those in an asset for sometime if the winnings are already high and when makes some profits from that asset then comes back to the casino and start a new gambling session again with some money. That way one will never have the temptation to gamble more or earn a lot of money by putting all the winnings at risk.

We should withdraw the money when we have won a lot and the amount has reached the minimum withdrawal limit. But most people will be tempted to use the winnings by gambling again to double the money. This has become a common mistake that many gamblers make.

We must be able to avoid things like that and use the time to withdraw the winnings. It is also to prevent the desire to continue gambling. We must learn to control ourselves so that offers from casinos do not easily tempt us.

Withdrawing his winnings and investing it in other things, such as investing in Bitcoin, is one way to grow his money. And that is beyond gambling because we are not gambling on that investment. And when his investment has made a profit, he can start reducing his gambling activities to focus more on his investment.

if the person can win that much huge amount then he should be avoiding the golden rules of responsible gambling by deposited more amount then they can afford to lose.
means if my bankroll will 2x or 3x this will not be enough money to invest in something and lower my gambling activities. but maybe the player is playing with huge money which is risky at some point.
it will be really good if we can learn to control ourselves after winning resonable and losing reasonable amount so we cannot try to bet more or simple log out of the casino and do not play for some days.

[Frankolala]

Many times,  I have seen that most gamblers use to make the mistake of leaving their winning in the casino,  even when the money accumulated is already huge enough to offset them into something better but choose to risk leaving it in the casino where there are possible tendency of gambling away the entire balance just with just one temptation.

You're right most of the times that happen and the gamblers really don't care much about leaving their winnings on that casino's wallet. I believe one should withdraw the winnings and invest those in an asset for sometime if the winnings are already high and when makes some profits from that asset then comes back to the casino and start a new gambling session again with some money. That way one will never have the temptation to gamble more or earn a lot of money by putting all the winnings at risk.

We should withdraw the money when we have won a lot and the amount has reached the minimum withdrawal limit. But most people will be tempted to use the winnings by gambling again to double the money. This has become a common mistake that many gamblers make.

We must be able to avoid things like that and use the time to withdraw the winnings. It is also to prevent the desire to continue gambling. We must learn to control ourselves so that offers from casinos do not easily tempt us.

Withdrawing his winnings and investing it in other things, such as investing in Bitcoin, is one way to grow his money. And that is beyond gambling because we are not gambling on that investment. And when his investment has made a profit, he can start reducing his gambling activities to focus more on his investment.

I think that it should be a habit that gamblers should discipline themselves on to make sure that the moment there is a big win, the money should be used to invest or buy something that is worth buying. This will encourage gamblers to always withdraw their wins after they have accumulated it in their casino wallet. It will help to reduce losses.

However, if that gambler thinks that he must always gamble, then he can leave a little amount in his wallet to gamble whenever he wants to because it will be impossible for a gambler to win big and quite gambling immediately. This is rare, since they will think that they can win a bigger amount than the first one

[SamReomo]

which has been one of the set backs that made me never to leave any balance on my account regardless of how much was my previous winning be it big or small amount.

We always learn from our own mistakes and I'm very sure that not only you but many of us have learned great lessons from our own mistakes. It's always a better choice to learn faster and take actions after learning.

You have taken a really good and optimistic step after losing your balance many times due to the temptation and that's what most of us should do. That's a great lesson for those who don't withdraw their funds when they win a lot.

We should withdraw the money when we have won a lot and the amount has reached the minimum withdrawal limit. But most people will be tempted to use the winnings by gambling again to double the money.

Very true but I've also noticed that most of the gamblers look for bonuses like 100% bonus on deposit etc and those bonuses are actually a type of a marketing thing by a casino. If someone avails those bonuses then they'll have to complete the wagering requirements and even if they win a lot still most of the time they won't be able to complete the wagering requirements and end up loosing everything with belief that they will win the casino. It's not possible to win a casino's house edge unless you are extremely lucky. When someone hasn't chosen the bonus then they can easily withdraw the winnings when they reach the withdrawal limit.

[Shamm]

<....>

There are many gamblers around the world and they have different perspective and different way of handling their emotions some of them are when playing and after a big win they will stop or pause for a while cause they have the perspective that once they win a big amount they must stop inorder to prevent more losses. While other gambler can not control their emotions and when they are playing and win they don't mind anything and still betting and betting without knowing that after a big win they will loss and loss until all theirs money got loss.

[Quidat]

<....>

There are many gamblers around the world and they have different perspective and different way of handling their emotions some of them are when playing and after a big win they will stop or pause for a while cause they have the perspective that once they win a big amount they must stop inorder to prevent more losses. While other gambler can not control their emotions and when they are playing and win they don't mind anything and still betting and betting without knowing that after a big win they will loss and loss until all theirs money got loss.

Different control
Different discipline
Different decisions
Different approach

This is why results and outcomes would really be that different to each other into certain persons condition due into these factors on which we know
that results could really be neither positive or negative depending into the decisions you've been making of. Being responsible might really that easy to say
but it is really just that too hard for it to be applied on the time that you are on such situation.

Gambling could make you impulsive and if you arent wary on the actions that you are making and the things you are dealing with
then you are prone to mistakes.

[Ojima-ojo]

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.

Using gambling winning to buy something is very important and to avoid putting back the money into gambling if you hold the balance, but then also I would like to get some clarity on what you mean by withdrawing your money from the casino, do you mean that, each time you make a winning, you withdraw everything from the wallet and buy something with it?


Why I am asking because, I would like to know, that if you take out your 199% balance by clearing out everything,  it means that, at some point, you will have to re-deposit another money into your wallet anytime you want to gamble again.

[Kelvinid]

Yeah,  I have wasted my balances a number of time before to this temptation,  and this even go as far as affecting my betting pattern,  aside from the fact that having big balance with withdrawal on a casino comes with risk of gambling away with the entire balance,  it has gone as far as to affect how much a stake on a bet per go,  many times I have not being following my principle of not betting high amount on a game,  but I noticed that,  each time I have high balance I am always carried away to do otherwise and gambling more than I should which has been one of the set backs that made me never to leave any balance on my account regardless of how much was my previous winning be it big or small amount.

I also feel that. although usually, I allocate a fixed balance each time I start betting. but when I get a big enough win, I usually leave a bigger balance than I usually play with. and that seemed to stimulate me to bet bigger with a sufficient balance. even though I rarely do that, the situation almost repeats itself every time I finish with my winnings.
My mistake was not learning from experience, but it felt like I was not in control of doing that. Is that what you feel too?

What drives us from doing that is thinking we can make more winnings if we gamble more. That certainly manipulates our minds and instead of following our plan, we are now following our emotions. This is a common mistake by most as we think it is just our winning money, nothing it hurts if I use them to gamble. And even if we feel regret for doing this it still happens again and again --that is how gambling could change our plan and give directives on our minds.

[danadc]

<....>

There are many gamblers around the world and they have different perspective and different way of handling their emotions some of them are when playing and after a big win they will stop or pause for a while cause they have the perspective that once they win a big amount they must stop inorder to prevent more losses. While other gambler can not control their emotions and when they are playing and win they don't mind anything and still betting and betting without knowing that after a big win they will loss and loss until all theirs money got loss.

That is an attitude that I Would never take, not Even because I had so much money to do it , because the money that can be Made in a casino is a lot , and if you do not take advantage of your luck and put that money to spend, I say that things should not be be this Incorrect , you have to be a little careful, if you are a person who has a lot of money, it doesn't hurt to grab that money and take it with you, because it's your luck, it can't be like that if you're such a person Given that things can be very direct and large amounts of money are spent, it makes me sad, because there are many occasions where we all need a little push of money and these people take risks and lose it because it is something that should not be Done.

If a player is rich, and does something like this, I say something , the Money does not run out at some point, and I hope that the people who spend like this have a lot of money and invest it so that it always gives them so that they can Guarantee a profit because of On the contrary, things can be even more Difficult.

[topbitcoin]

~

What drives us from doing that is thinking we can make more winnings if we gamble more. That certainly manipulates our minds and instead of following our plan, we are now following our emotions. This is a common mistake by most as we think it is just our winning money, nothing it hurts if I use them to gamble. And even if we feel regret for doing this it still happens again and again --that is how gambling could change our plan and give directives on our minds.

Sometimes, I find myself unable to cease contemplating our own conduct in the realm of gambling. It is a perplexing phenomenon, where we frequently encounter defeat and subsequently feel remorseful for our ill-advised actions. However, despite this remorse, the following day we find ourselves drawn back into the realm of gambling and engaging in play once again. The allure of returning lies in the faint glimmer of hope that by doing so, we may be granted the possibility of triumph and recuperate the past losses we have suffered.

Gambling is quite risky, with a high chance of losing. Therefore, it would be beneficial if we could exhibit more wisdom in our gambling endeavors. Even if we can't secure a victory or gain profit, we should strive to at least reduce the possibility of enduring major losses. By practicing self-control and managing our finances wisely, we can consistently mitigate the downsides associated with gambling.