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Author Topic: Focus on how much you may lose and not only the potential win.  (Read 1990 times)
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January 05, 2024, 10:38:30 AM
 #101

This is not Worth arguable at all for the OP has made a clear point. Of course to an extend every gamblers who made winning most at times at their first winnings usually have the thought that they would had toppled their stake to gain more profits as if they knew the game was going to play uninterruptedly as predicted.
I take such act for greed and no two ways about it and Such gamblers are never contented to their achievements. Not just in their gambling life but to a general ramifications of their life.

It is expected and supposed to appreciate the fact you made winning with whatever the stake and your winning was instead of living a regret in an unrealistic optimism of no assurance and no tendencies of possibilities of your exaggerations instigating on what may crumble your financial downfalls.

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January 05, 2024, 10:50:19 AM
 #102

in fact the more ambitious you are to win, the more difficult it will be for you to get that win.
If someone is running after chasing the wins, I guess they are likely to lose their bankroll so fast.

And that's a fact, and I've also experienced this, that at that time, at the start of the game I got a pretty big win. And stupid as I was, I didn't end the game and withdraw the winnings. At that time I acted silly by deciding to continue the game, because I thought that luck was on my side and I thought that this was a good start for a better final result. I am ambitious to get a bigger win than before, so I decided to increase the bet amount and increase the nominal amount. And what happened next? The money from the previous winnings ran out, I went back into gambling and because I was still curious and still thought that luck was still there, I turned the money in my wallet around again to make a deposit. And in the end, the money from the winnings was lost, and the contents of the wallet were also drained.

     -   I think you are not the only one who has experienced something like that; I have also experienced it, but maybe the difference between us is that I was able to stop immediately. I know the feeling that we haven't been playing for 5 minutes, and after just a few rounds of betting on the slot games, I immediately hit the jackpot combo, which brought the total winnings to 142 dollars, because I was still like a snake in my gambling fun. I continued.

Then, when I noticed that what I won was decreasing, I said that if I win again, I will stop, and when I saw that my balance was only 96 out of 142, I suddenly won an additional 65. So the total winnings that I took out were also about 150 dollars that I brought home. So it is also important that we really have discipline within ourselves.

For these reasons that we, as good players and above all, possess intelligence, are that so that something like this does not happen to us, we must always have the money we are willing to lose before playing, money that is not affected by the fact that if we do, We waste everything, because we are not left without money, no, the money we have there is willing to lose and it will not do anything if it goes, now, if the money willing to lose is lost, what we must assume and that that has already happened and that at least we played and had fun, and that on another occasion or in another game session we will be able to make bets without taking into account the previous experience, only what we could have extracted as a learning in the game, and Possibly realizing that it was what we did wrong so as not to do it again and thus our game increases in level, that is the secret, but the most important thing of all is that if we manage to have that touch of luck that we all look for in a casino What you should do is not stop and withdraw.

I know that sometimes there is a little voice in our brain that nods says, even it leaves us without profits, it makes us waste too much and we lose everything, so for me the premise is, first of all, to have the money we have to lose, and if It is a loss not to put in or deposit more, not even because we feel the luckiest in the world, that is a rule that should not be broken, and then if we have a good profit, what we should do is take that profit and withdraw, it is preferable to do so like this and spend that money, enjoy that money, feel that money, let it be seen that our decision was the right one, that we cannot experience another experience, but as I said before, until there is another game session, if not, we will be able to do it alone In those very basic rules, I believe that no one would lose more than they should allow themselves to lose, but the key is to have discipline, if there is no discipline, our own rules will hardly be followed.

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January 05, 2024, 11:02:17 AM
 #103

I think it's very hard to focus on how much you're going to lose gambling. Everyone likes to imagine how they're going to win. If it were the other way around, no one would gamble. Discipline is the most important thing in gambling. If a gambler is disciplined, he will not be hindered by the fact that he dreams only to win.

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January 05, 2024, 12:04:23 PM
 #104

~snip~
well, how many gamblers do you think are successful on this? so yeah, that says a lot already when it comes to gambling. thus, if you are not ready to face the worst case scenarios here, better moderate your gambling activities or just totally eradicate this on your mind. this is all on you when it comes to your decision for something entertainment and fun
Hahaha, of course there will be very few because most of what gamblers think about is how big win or profit they can get, some of them will think and focus on fun or entertainment.
Thinking about losing will only make gamblers carry out various stupid actions which can very possibly bring problems and difficulties, imagine if think about how much will lose.
Wouldn't that just make regret it and try to recover because no gambler can accept it when they find out that their losses are very big, this happens not only to small gamblers but also to rich gamblers.

One of the right actions is to limit all gambling activities by having control, management and regulation of the money and time used for gambling, gamblers will feel the benefits of having such an attitude.
I know that stopping gambling completely is not an easy thing to do, but reducing the intensity of gambling is still very possible and we must try to do it.
We gamble using money that we have earned through hard work or business, so we must be able to maintain financial stability and really avoid efforts that are very detrimental in the long term.
Gamblers typically overlook potential risks and the likelihood of large loses in favor of enormous profits. Positive thinking and the intrigue of 'what if' fuel this psychological trap. But focusing on winning is like wearing blinders - it obscures the whole view. You stated gambling control and regulation. Time and money management is smart and self-respecting. It's about respecting time and money. You're right - reducing gambling helps financial stability

The idea that all gamblers seek profit is simplistic. The chance to win big is appealing, but some prefer the thrill, excitement, and entertainment. Considering only possible losses might lead to impulsive judgments, but a balanced view is essential. Risk awareness doesn't mean obsessing; it means being prepared and attentive. This knowledge can protect and ground you. Of course, quitting gambling is hard, but moderation is possible

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January 05, 2024, 12:58:04 PM
 #105

We'd rather not gamble if we think about how much we lose as I believe we are not desperate enough but rather think of a way to win.

Gambling responsibly is very important not just to avoid big losses but also, we are controlling ourselves from being greedy. Many gamblers think that if we gamble more, we are increasing our chance of winning. Well, that can be true but not all the time because this will also increase our chance of losing. That is why we should stick to our plan and the said limitations.

Every gamblers definitely thinks more about winnings and not thinking about losing and that is true, but in fact gambling is part of losing because getting a profit is not an easy thing to achieve.

Of course, responsible gambling is very important for someone to make the most profits possible with the skills they have, but did you know that gambling is full of risks? Some people think that increasing the bet can increase profits, but if they lose, they will experience a bigger loss because they increased the bet, so it is quite clear that the OP advise gamblers to think about these risks not because they are afraid of losing, but because they are afraid of experiencing a big loss.



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January 05, 2024, 01:13:59 PM
 #106

I don't focus on either. If you win it means a celebration. If you lose, I have to take a break from gambling so that my emotions cannot be controlled to gamble. I think this is enough. I won't look at my winnings and losses, sometimes it makes me want to keep playing or even adds to my despair if I lose more. just enjoy this game as much as possible to get pleasure, not to get rich.
Honestly majority of gamblers always have that mindset of if they had stake with huge amount of money though I don't belong to that category and I shared similar mindset about the issue I am not bother on my wins or losses because I gamble with small fund in soccer betting I accumulated my odds to atmost 3.00 to 4.00 stake with small fund the amount of money I can afford to lose thus irrespective of the outcome of the bet I am not bothered though I aimed to win always however losses are inevitable thus I gamble for fun being a soccer enthusiast and I gambling not to become rich like the gamblers aiming to win jackpot, I gamble to earn extra income though not consistent.

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January 05, 2024, 01:48:02 PM
 #107

As gamblers let not focus all attention on the amount that we may by chance of luck win but on what we are to lose should we fail to win the bet, in that way we won't spend on gambling above what we can afford to lose.

Lol, why gamble if you will always think what are we about to lose? Stop gambling as that thinking was a distraction.

Instead, why not just be responsible whether we are winning or losing? Let's say you hit that juicy win, learned how to stop, and take a break. Enjoy and cash out some winnings. On the other hand, if now on a losing streak, also learned how to stop and take a break as well.

If you are playing on luck-based games, have that disciplined rather than to think what we are about to lose.
Mate maybe you don't get it, putting it in mind that you can also lose your game is simply another form of aiding a gambler in  being a responsible gambler, if the mindset is predicated on win win win alone then it's very possible that just a few series a streak of losses can affect such gambler emotionally which can make him to start chasing the losses based on his win dominated mindset alone, and this could lead to irresponsible gambling in the course of loss chasing.

As we set our mind on winning we should also forget that the losing in gambling is easier to frequently occur than the winnings we are heavily focused on. It is  admirable to go with a win mindset due to how it can influence our luck for the day based on our believe but having it in mind that losses is also a path of the game makes it simple to deal with the both outcome any that be.

Mate, here's the catch. It's supposed to be already on our minds that we might lose a particular game. There's no need to keep that in mind.

Instead, why not just focus on how to survive the game and return home with a good catch as much as possible?

Do you mean, that before we start gambling, we should also think how much we might lose? On point though but it's like adding more distraction to our focus on gambling. Instead, think of a better strategy to increase the winning chance in that particular session.

Let's not make our gambling session too complicated to the point that we should worry on all things.
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January 05, 2024, 02:28:13 PM
 #108

This is not Worth arguable at all for the OP has made a clear point. Of course to an extend every gamblers who made winning most at times at their first winnings usually have the thought that they would had toppled their stake to gain more profits as if they knew the game was going to play uninterruptedly as predicted.
I take such act for greed and no two ways about it and Such gamblers are never contented to their achievements. Not just in their gambling life but to a general ramifications of their life.

It is expected and supposed to appreciate the fact you made winning with whatever the stake and your winning was instead of living a regret in an unrealistic optimism of no assurance and no tendencies of possibilities of your exaggerations instigating on what may crumble your financial downfalls.


The gambler who made the big winning will try to keep the 10-20 percentage of the winning amount.But with my point it’s not the right one,because the gamblers can withdraw the entire funds and make some enjoyment using the money.So he feel the joy of the winning in the gambling site,this help the gambler to keep the tactics in his mind.If the gamblers face the losses after the winning,will make to forgot the tactics.And the probability is more for the loss after the winning was the common knowledge towards the game.So instead of losing the balance 10-20% of the winning money, the gamblers can enjoy and arrange funds and back to gambling after some weeks.

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January 05, 2024, 02:42:14 PM
 #109

I think it's very hard to focus on how much you're going to lose gambling. Everyone likes to imagine how they're going to win. If it were the other way around, no one would gamble. Discipline is the most important thing in gambling. If a gambler is disciplined, he will not be hindered by the fact that he dreams only to win.
You hit the nail on the head 💯💯. Why would anyone even have the mentality of thinking of how they will lose, I mean I get the point the OP is trying to say but I am pretty sure no ever reasons to that part and I know for sure that once the gambler is responsible in his part of gambling then everything is actually fine. Most person's let their urge to win cloud their judgement during their time of gambling and that's why they always ending being at the wrong side of the gambling table that's if you know what am relating at😊😊, just be responsible with your winning mentality and you will be good to go.

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January 05, 2024, 02:58:11 PM
 #110

The fact that you won  using $1k today doesn't give assurance that if you had used higher amount or that your next bet that you probably increased the wager in order to win a bigger amount will play. As gamblers let not focus all attention on the amount that we may by chance of luck win but on what we are to lose should we fail to win the bet, in that way we won't spend on gambling above what we can afford to lose.
Stay in check!
Greed is the only reason someone will wish he had add more to his stake and that's the beginning of possibly getting addicted because at that point you already feel it's that easy to win so you will most likely want to further stake more out of the excitement that you were so good with your predictions and can do it again with even bigger amount.

The truth is your win is relative to your risk , the bigger you risk the more you may win and the smaller you risk the smaller you may as well win and same applies to loosing so it will be very much appreciated if you could focus more on the amount you could possibly loose if the games were going against your predictions that way you will be able to still stay long enough in the gambling even if you happen to be loosing at some point but when you consider high stakes because you want to win big by staking big you end up loosing even more when ever you suffer a loss.

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January 05, 2024, 02:59:35 PM
 #111

The task of the casino is to enthuse the player to such an extent that he does not think about losses. It is best to stipulate in advance the amount of allowable losses - in the case of online casinos, and do not take with you the documents necessary for the processing of credit - in the case of online casinos. Restraining oneself in trying to win back is quite a difficult task
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January 05, 2024, 03:40:16 PM
 #112

The task of the casino is to enthuse the player to such an extent that he does not think about losses. It is best to stipulate in advance the amount of allowable losses - in the case of online casinos, and do not take with you the documents necessary for the processing of credit - in the case of online casinos. Restraining oneself in trying to win back is quite a difficult task

That makes sense, in my opinion successful casinos make many people not think about their losses which makes them continue to gamble so they don't look at the losses they have already had. and it is also a fact that many people have been deceived by gambling, making them addicted to gambling, so they can spend a lot of money in just one gambling session. This is also because of their wrong mindset towards gambling which also encourages them to continue gambling without seeing losses. obtained.

If they already have wrong thoughts about gambling then it is likely that they will not be able to stop themselves from gambling, especially those who are addicted to gambling, in my opinion they will always prioritize the gambling that they have to do. The more they gamble, the more it makes them experience financial difficulties, and indirectly it makes the casino rich, because in one casino of course more than 100 people gamble, and the number of people who lose will be greater than the number who win. victory.

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January 05, 2024, 03:43:48 PM
 #113

`

For these reasons that we, as good players and above all, possess intelligence, are that so that something like this does not happen to us, we must always have the money we are willing to lose before playing, money that is not affected by the fact that if we do, We waste everything, because we are not left without money, no, the money we have there is willing to lose and it will not do anything if it goes, now, if the money willing to lose is lost, what we must assume and that that has already happened and that at least we played and had fun, and that on another occasion or in another game session we will be able to make bets without taking into account the previous experience, only what we could have extracted as a learning in the game, and Possibly realizing that it was what we did wrong so as not to do it again and thus our game increases in level, that is the secret, but the most important thing of all is that if we manage to have that touch of luck that we all look for in a casino What you should do is not stop and withdraw.

I know that sometimes there is a little voice in our brain that nods says, even it leaves us without profits, it makes us waste too much and we lose everything, so for me the premise is, first of all, to have the money we have to lose, and if It is a loss not to put in or deposit more, not even because we feel the luckiest in the world, that is a rule that should not be broken, and then if we have a good profit, what we should do is take that profit and withdraw, it is preferable to do so like this and spend that money, enjoy that money, feel that money, let it be seen that our decision was the right one, that we cannot experience another experience, but as I said before, until there is another game session, if not, we will be able to do it alone In those very basic rules, I believe that no one would lose more than they should allow themselves to lose, but the key is to have discipline, if there is no discipline, our own rules will hardly be followed.

I agree - betting only what we can afford is best. Its like getting the most exotic meal at a posh restaurant for the experience, not the food. Isnt that voice in our heads telling us to keep going despite losses like that friend who always offers one more Netflix episode? Though sincere, they'll regret it in the morning! Setting limits before the game's excitement affects my judgment is the greatest approach to stop that voice.

When luck appears, its like a siren's call to keep going. However, I get crafty here. I treat my winnings like a work surprise. Would you immediately invest your bonus in your company? Probably not! Probably pamper yourself, preserve it, or use it wisely. The same rule applies

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January 05, 2024, 04:20:27 PM
 #114

A lot of people don't care and place bets without any risk management and then lose their money which they can't afford to lose.
Focusing on risk management would help us in placing bets within our budget and that will also make us gamble for a longer time.
It's something that gamblers have to do right from when they start gambling and cultivate it as a habit.

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irhact
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January 05, 2024, 04:24:42 PM
 #115

The fact that you won  using $1k today doesn't give assurance that if you had used higher amount or that your next bet that you probably increased the wager in order to win a bigger amount will play. As gamblers let not focus all attention on the amount that we may by chance of luck win but on what we are to lose should we fail to win the bet, in that way we won't spend on gambling above what we can afford to lose.
Stay in check!

I don't use big amount as wagers when I'm gambling, I use to do that but I had a bad experience that taught me a lesson and almost made me to stop gambling as I would have lost a big amount of money if not for my quick thinking of not waiting for the game to end before I cashout and went home with a some profits. When we're gambling we shouldn't only care about how much we can make but also the amount of risk that we're taking and what it'll make us to lose if we fail.

When gambling we have to be very disciplined and have a budget so it guide us and not make us to over gamble or use to much wager that can cause us to lose big amount of money to make us want to win it back by revenge gambling. When we're only interested in the amount we are to win, we can use big wagers that'll be too big for us to lose and make us to forget about our disciplinary to revenge gamble.

R


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tbterryboy
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January 05, 2024, 05:38:33 PM
 #116

It's indeed a good thing to consider the other side of the coin. It is indeed a possibility to win, but it is also equally a possibility to lose. The problem with many gamblers is that we are sometimes too assuming, too excited for the possibility of winning that we sometimes forget not to equate it with certainty.

Even myself I sometimes plan or compute how my betting would be after I win this or that amount, but it is not actually the reality. The reality is that I have yet to win all of those money. And winning is not even assured.
The coin has two sides, so we can't just focus on one side and disregard the other. But anyway, I just found out that the coin toss is not equally 50/50. And how much more the gambling games that are held inside the casinos? I'm sure the losing chance on them is higher than the winning chance.

Assuming to win is actually better than assuming that we will lose. But, then there is this scenario that the more we expect the less it will happen. Computing or planning is possible even before we play gambling. For me, my plan is to continue betting till I use up the excess amount from my total winnings. After that, I withdraw and stop playing gambling for a while.
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January 05, 2024, 05:44:54 PM
 #117

You are right on this observation because it is in protecting the capital that every other issues associated with gambling are solved. When the capital is well managed, the various painful experiences that comes with gambling will be minimised.

It will be outright misery for a gambler to lose his entire funded capital per gambling session. Rather than this was, the funds can be well managed in such a way that before he loses everything, he would have made some winnings. The longer one stay in gambling,  the higher the valves of winning gets.

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January 05, 2024, 06:18:20 PM
 #118

The task of the casino is to enthuse the player to such an extent that he does not think about losses. It is best to stipulate in advance the amount of allowable losses - in the case of online casinos, and do not take with you the documents necessary for the processing of credit - in the case of online casinos. Restraining oneself in trying to win back is quite a difficult task

Exactly, because after all the defeat of the gamblers is a profit for the casino and that's what the casino wants so there is an element of addiction in gambling because of the many things that look tempting when we are running a session, it is not uncommon for some gamblers to forget all their prevention plans just because they are easily tempted by something they see. That's why as you said that every gambler should have risk management by determining the amount they are allowed to lose or simply being able to be responsible for the money allocated, not only that because you also mentioned that holding back when temptation comes is a difficult thing to do and that's why firmness really needs to be applied properly. I understand that this will not make us avoid the risk of losing but what is certain is that with this action then obviously the number of your losses will be slightly minimized and I think it is less likely for us to experience financial problems as a result of gambling activities.

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January 05, 2024, 07:39:54 PM
 #119

First of all you need to understand that gambling is not a sure way to earn money and you cannot win from here for sure. A man gambles with his own money so you have no power to stop him even if you want to. Learn to control yourself before gambling because if you lose 10 times and win 1 time, you may lose more money when you bet again to cover your losses. You should take some time off after winning and try from next day. Again when you win 2-3 times in a row stop your greedy attitude and don't bet again at that moment. Gambling is your cold minded tricks and there is no technology used here so you have to believe in your own consciousness.

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January 06, 2024, 11:58:33 AM
 #120

There are gamblers that have a bad plan or no plan at all about their life, they gamble with whatever amount they have rather than what they can afford to lose that won't be a worry to them if lost. There's this thought that am sure almost every gambler that have won a bet before must have had. which is the thought of "had I knew this game was going to win  I would have used bigger amount of money to wager".
Though most gamblers normally say that about if they new they gonna win a bet that they would have staked with an amount higher than the amount the placed the bet with but however, no matter any amount that's being won in a bet you should be contented because having this exaggeration of staking higher amount in a won bet might lead you to major losses next time because you might still have that feeling that you're going to win again and stake huge amount before you know it the bet losses and all your money is gone. So if you're lucky to win a bet, no matter the amount just be contented and don't hope to stake more higher amount next time
Yeah, true; plenty of people who end up with great wins and that usually ends up being something very important to realize for the long term as well. I think it's quite clear that we have a lot of people who are mesmerized by their early on wins that it turns out that is something even casinos like to use.

I know a single website, not in the crypto world and a local one, who ended up coding something like "make the newcomers win up until 3x of their deposit" type of deal, where the luck was on the gamblers side, of course they lost at times too, but overall they usually ended up winning, the code was designed to give them more wins, of course you could still bet all-in and happen to lose, but likely that newcomers would win, and then they took all their money.

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