Bitcoin Forum
May 21, 2024, 06:16:58 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 [15]  All
  Print  
Author Topic: How do i handle my first gambling experience  (Read 1969 times)
redsun114
Hero Member
*****
Offline Offline

Activity: 2562
Merit: 585


Leading Crypto Sports Betting & Casino Platform


View Profile
February 18, 2024, 11:49:42 AM
 #281

Well, nobody can really give you exact advice. Nobody can give the best advice on how you will react to your losses and winnings; you should know yourself.
A good advice would be to react like you know that you have won something out of luck and it isn't something that will happen all the time and this can even be a one-time reward. So, don't build hopes and start day dreaming if you manage to win something initially and always remember that you should gamble with care and discipline.

Also, remember that there's beginner's luck; you might win some when you start gambling.
Yep, and that often makes people think that if they achieved something initially from gambling, they might be able to do it again and again and some beginners would get themselves addicted just with this thought. So, it's important to know that everything in casino games is based on luck and one cannot be lucky all the time, so if you win $50 today, you might lose $50 every day for 3 consecutive days making you having a net loss of $100.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Blitzboy
Hero Member
*****
Offline Offline

Activity: 1232
Merit: 556


Leading Crypto Sports Betting & Casino Platform


View Profile
February 18, 2024, 04:40:23 PM
 #282

It is so easy to carry out, for a gambler who doesn't take gambler personally and doesn't put much hope on it, that "It's okay if they win or lose also" in gambling, no much deal.
One of the biggest mistakes a gambler can make is to bet everything in the hopes of winning big. It will now force them to gamble with money they cannot afford to lose.
Gamblers should be able to consider gambling as entertainment and not consider it a serious activity, and it should be done regularly because using gambling regularly can cause good losses. And even if they win, they won't understand that gambling is entertainment. They will not be able to manage their winnings well because they will instead want to use their winnings to gamble again and want to get even bigger wins. They are wrong in thinking like that because it will not allow them to enjoy gambling as entertainment but rather as a way to make money that they will not be able to get easily. Don't risk too much money when playing gambling, let alone trying to win the gambling game because it will be difficult to win. And if you have won, you should immediately stop gambling and withdraw the winnings to enjoy it.
Sorry bro, I don't understand what you mean by what I marked. Can gambling regularly result in good losses? what do you mean, friend? isn't a loss bad? Even though in fact gambling regularly can cause significant losses and in the end it will be troublesome for ourselves if one day the money runs out and you don't have anything left to gamble with, and yes, we use gambling more as a medium of entertainment so that we don't think too much about gambling can provide big profits.

Sometimes the experience of novice gamblers when they win for the first time is that they tend to immediately cash out their money because they have just experienced their first win, but when they have been gambling for a long time, over time it can lead to greed in gamblers where when they feel a small win they don't feel satisfied and continue gambling so that can give them the winnings they hope for, even though this is not something that is easy to achieve for gamblers who are thinking about making a profit.
Yes, losses are bad, especially in gambling, where they can be serious. Gambling habitually can plunge you into financial ruin. Entertainment quickly turns into a quest for rare wins.

According to personal experience, the first win can be a siren song, convincing the novice of constant success. Dangerous illusion. From casual gambler to greedy gambler is subtle but profound. This shift shows in the belief in chasing bigger successes against the odds. I think recognizing and addressing these habits is vital. Gamble for fun, not deception.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
South Park
Hero Member
*****
Offline Offline

Activity: 2898
Merit: 796


I am terrible at Fantasy Football!!!


View Profile
February 18, 2024, 07:59:11 PM
 #283

Yes, losses are bad, especially in gambling, where they can be serious. Gambling habitually can plunge you into financial ruin. Entertainment quickly turns into a quest for rare wins.

According to personal experience, the first win can be a siren song, convincing the novice of constant success. Dangerous illusion. From casual gambler to greedy gambler is subtle but profound. This shift shows in the belief in chasing bigger successes against the odds. I think recognizing and addressing these habits is vital. Gamble for fun, not deception.
Some newbies gamblers let themselves to be blinded by a small success and then believe those results can be repeated over and over again, but they are just jumping to conclusions without having the evidence this is the case, as if they actually took the time to evaluate if their new beliefs are true they will soon discover this is not the case, and once they make that realization they could easily avoid making the mistake of betting much more money than what they can really afford to lose.

██████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
██████████████████████
.SHUFFLE.COM..███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
█████████████████████
████████████████████
██████████████████████
████████████████████
██████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
██████████████████████
██████████████████████
██████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
.
...Next Generation Crypto Casino...
Betwrong
Legendary
*
Offline Offline

Activity: 3290
Merit: 2160


I stand with Ukraine.


View Profile
February 19, 2024, 11:40:22 AM
 #284

~
That's right, I believe that what you're saying is a fact that people do experience when they're in a losing situation, trying to identify their mistakes in ways that sometimes seem absurd to most normal people. The point is, if you are always looking for something in the sense of trying to find what you did wrong that made you end up losing then obviously I think your actions are completely futile, and you will only create your own excuses which are basically not the real reasons that made you lose.

However, as I said before, these are the things that you will feel when you come without a proper understanding of gambling, you will look for anything that you think is reasonable enough to be the reason why you lost at that time. This is actually a completely absurd action because the randomness of the algorithm implemented by the casino makes it impossible for us to identify the location of the error, so don't take gambling too seriously, because the name of gambling is always about winning and losing which will always be the answer at the end of the session, it's actually very simple, if you lose it means you are unlucky.

Well said. Indeed, if you think of it, there is an "error" in your actions when you spin the reels of a slot and don't win a big amount as a result. If you made that spin a split of a second later you could win. But the thing that it's unknown when to press that button. And it can't be known when is that "right moment" by design.

.
.BLACKJACK ♠ FUN.
█████████
██████████████
████████████
█████████████████
████████████████▄▄
░█████████████▀░▀▀
██████████████████
░██████████████
████████████████
░██████████████
████████████
███████████████░██
██████████
CRYPTO CASINO &
SPORTS BETTING
▄▄███████▄▄
▄███████████████▄
███████████████████
█████████████████████
███████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
███████████████████████
█████████████████████
███████████████████
▀███████████████▀
█████████
.
TheUltraElite
Legendary
*
Offline Offline

Activity: 2884
Merit: 1223


Call your grandparents and tell them you love them


View Profile WWW
February 27, 2024, 11:33:36 AM
 #285

And it can't be known when is that "right moment" by design.
You are going to be leaving that on the luck factor at that instant. Whatever happens next, the player needs to make a bold decision as to whether continue or not. A win and they can keep it and leave, a loss and they should also leave keeping the rest of the balance intact.

For a first time gambling, I suggested the OP to have fun and keep a limit on to what they play with. Let that be a learning experience for them as to why the casinos always win run profitable and the players always walk away with losses.

Even then, they should have fun and visit again after a year.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT
  CRYPTO   
FUTURES
 1,000x 
LEVERAGE
COMPETITIVE
    FEES    
 INSTANT 
EXECUTION
.
   TRADE NOW   
danherbias07
Legendary
*
Offline Offline

Activity: 3136
Merit: 1119


Leading Crypto Sports Betting & Casino Platform


View Profile
February 27, 2024, 12:53:23 PM
 #286

And it can't be known when is that "right moment" by design.
You are going to be leaving that on the luck factor at that instant. Whatever happens next, the player needs to make a bold decision as to whether continue or not. A win and they can keep it and leave, a loss and they should also leave keeping the rest of the balance intact.

For a first time gambling, I suggested the OP to have fun and keep a limit on to what they play with. Let that be a learning experience for them as to why the casinos always win run profitable and the players always walk away with losses.

Even then, they should have fun and visit again after a year.
I agree with that suggestion. Feel the vibe first. Use small bets, learn how the system works, and don't let emotion get the better of you.
For a starter, that will be the key to knowing what's behind the curtains of the gambling system and how the house edge is working. There will be times when we can win x1000 in early initial bets and we will think we are so lucky but then after that, it will be difficult to catch another win. House edge.
That happened to me back when I was still a non-VIP rank. I was so sure that my account was lucky and I even compared it with other VIP ranks who are having a hard time winning such high multipliers. I was wrong. When I reached the first VIP rank, it became clear to me that winning is really hard at every casino game.
I also suggest OP try and check sports betting and if you like it, limit yourself there and just use the casino games if you want to wager more by placing small bets and running it in auto bet feature.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 [15]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!