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Author Topic: How do i handle my first gambling experience  (Read 1969 times)
Vladv26
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January 22, 2024, 07:24:30 AM
 #61

The best recommendation that I can give you is to not start gambling, especially if you've never done it before. Gambling can be addictive, time and money consuming , and it can lead you down the wrong path if you're not careful.

Anyways, most people are well aware of these disadvantages and still decide to take a chance and risk their money. If that's the case then I'll give you a few tips to help you :

1) Set a fixed budget per day/week/month based on your current income and the amount of money you can afford to lose. Whatever happens during your gambling sessions, win or lose, do not modify your budget, unless you increase your monthly fixed income.
2) Do not think of gambling as a way to increase your income. Take it as a hobby and set time limits for your gambling sessions. This way you can always make sure you are in control and you don't get addicted to it.
3) Never chase your losses. Remember, the odds are always in favor of the house so you'll lose more than you win especially in the long run. If you win any money that's great, withdraw it and spend it wisely. If you lose your money, at least you've had some fun and you lost only what you could afford to lose.

Your first experience is probably going to be quite pleasant because most casino games are fun to play at the beginning. If you're winning money, consider yourself lucky and withdraw some of your profit. If you're losing money, it's very important to know when to stop, that's why you should set a budget before starting to gamble.

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January 22, 2024, 07:38:24 AM
 #62

Hello senior citizens and my fellow newbies gambler's, now I gat a straight forward question for you all.
How do I prepare myself for my first gambling experience?
What are the things I should expect as a first time gambler?
How do we react to my first gambling results be it winning or lose?
Thank you all for your helpful opinions.

No need to be too complicated and maybe you already know that the first thing that all gamblers must prepare is a budget as a condition for getting involved, and another thing maybe I will slightly suggest that you must remain careful if you are already involved there because after all this is a very gambling that involves risks that can be far greater than what you imagine. So stick to very good risk management and be assertive there, and also I don't forget to remind that it's best to bring a very small budget amount in the sense that you won't feel too disappointed if it's lost.

I would not advise anyone to put too much hope in winning, because this will only make you feel too disappointed if you end up losing, on the other hand think of gambling as a place for you to fill your spare time when and bored and without bringing any seriousness to the involvement, keep your awareness and understand correctly what gambling is really about, I think this should be able to keep you safe, but if you don't do it then that's another thing.

You've shared quite a strong advice to Op, which contains most of the requirements needed for a newbie to deal with gambling. However, these tips demand experiences for Op to understand them completely. I've watched newbies who have gamblers around them gamble and still made mistakes. I think Op should get hold of the best advice here which is handling his feelings towards win or loss. Then act accordingly with self-control to how much he'd win or lose. Provided he's able to manage his bankroll for a substantial amount of time. His gambling experience will begin to grow. And his meant to have lesser reason to worry about his skills as he's not yet equipped with the right strategies. Truly, Op should expect making some mistakes, and don't rely only on what people has to say about his gambling journey.

The goal of every gambler aside winning big, for some, is not getting addicted. In addiction he should be prepared to know when to end his games, and not chase after the riches. Casinos own the money and carefully observe who to handover few of the money to as a way of advertising their business. Gradually as a gambler, one would get there, but not in a forceful means, which could lead to problem gambling on the long run for the gambler.  What op is to expects as a first-time gambler, would be same with his reactions after a win or lose. That's the primary problem of gamblers, and it has caused lots of players their time and money in gambling. The result triggers the brain like a substance, and the player if not disciplined enough would undergo a series of mistakes trying to get his funds back.

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January 22, 2024, 07:44:04 AM
 #63

First you must put yourself together to take control of your emotions while gambling and don't be overtaken by your winning neither should you be desperate to chasing profits nor eager to recover your lost stakes.
Know when to stop and don't feel too comfortable and relaxed on the gambling board and you must set-up a gambling budget to keep a reputable gambling personality with a sustainable bankroll.

You can also read on this thread that details about "brief advices for newbie gamblers" @ https://bitcointalk.org/index.php?topic=5481299.msg63484386#msg63484386

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January 22, 2024, 07:53:05 AM
 #64

Your first gambling experience could be bad or good. If you face satisfactory results from your first experience, don't get carried away with it and keep yourself in control not to gamble continuously even when you are on a winning streak - sometimes withdrawing from the game is the best decision. But if you face bad results, don't despair and stress about it, because bad results are very normal in gambling and you should stop if you experience a losing streak. And make sure that the money you gamble with is money that you are ready to lose, because if you still feel too worried about losing that money, you shouldn't gamble in the first place.

That's right, I agree with you. In fact, I think the first gambling experience is usually good, because it tends to lead to victory, but as you said, don't let what happens make us get carried away so that we forget the real meaning of gambling and make ourselves continue gambling, of course it's not a good thing. Hopefully you can control yourself well and not be lulled by gambling because the first experience of gambling is good.

But many gamblers are trapped by this, they become addicted to gambling by continuing to gamble because they get a win during their first gamble. I agree with you, losing at gambling is a natural thing so don't think about it too much or get stressed, I don't think it should happen. Because with you gambling you should be prepared with the money you will lose in gambling. And there are people who are not ready for this, so they gamble continuously because of their misunderstanding of gambling.

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January 22, 2024, 07:59:37 AM
 #65

Hello senior citizens and my fellow newbies gambler's, now I gat a straight forward question for you all.
How do I prepare myself for my first gambling experience?
What are the things I should expect as a first time gambler?
How do we react to my first gambling results be it winning or lose?
Thank you all for your helpful opinions.

Allocate a fund and promise yourself to not reach for any money outside of that gambling fund. The allocated amount should be so low that you would feel comfortable with losing it. You should also see the test games which every online casinos offer. You can test out the games first, without having to do so with real money.

You should not see gambling as a way to make an income or a get-rich-quick scheme. Otherwise you might start lying to yourself about your losses and that will lead down a dangerous path of gambling addiction.

Personally, I only bet with tiny amounts of money. I find gambling more fun that way. And I won't stress out about losing large amounts of money.

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January 22, 2024, 08:03:33 AM
 #66

Learn the fact about gambling first.

1. Gambling isn't a way to make money quick.

2. Gambling is not a source of income, it's completely all about getting lucky.

3. You need to use some percentage of the money you make monthly or weekly on gambling, not all you have on you or in your bank account.

4. You will most times lose your money, and you will win when you don't expect it, this is why gambling isn't a reliable source of making money.

5. Get a Job first this will make it easier for you to take risks, start making money, and consider gambling with a fracture of your monthly income.

6. Choose your gambling days in a week, from Sunday to Saturday, and on the days you choose, either you win or lose, once you reach your threshold amount you should take your leave.

7. My last advice for you is to avoid chasing your loses, once you lost all the percentage you can afford to lose per your gambling days, stand up and leave, until another day.
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January 22, 2024, 08:03:37 AM
 #67

Hello senior citizens and my fellow newbies gambler's, now I gat a straight forward question for you all.
How do I prepare myself for my first gambling experience?
What are the things I should expect as a first time gambler?
How do we react to my first gambling results be it winning or lose?
Thank you all for your helpful opinions.

Gambling is a risky investment that have a 50/50 chance of success so i believe before engaging in it you should be aware of this and understand properly how it works before you start betting. Betting for a newbie can be challenging and it only takes luck to start your gambling journey with a streak of wins. You must be strong hearted  to gamble and always control your emotions when gambling, avoid getting greedy and most importantly gamble an amount you can afford to lose so you don’t mess yourself up. Don’t borrow money to gamble and don’t involve too much gambling to prevent getting addicted, always gamble at fixed intervals and not frequently.

Don’t take your first gambling result too seriously as it is merely the beginning and if you lose it is not a bad start you should rather learn from your mistakes.

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January 22, 2024, 08:43:42 AM
 #68

What are the things I should expect as a first time gambler?

Expect something fun towards your first try since you provably expect a lot more from your bets since for sure you think to earn big from it since that is what usually newbies think while gambling. And you should correct it since not every time you can win there and just enjoy the game then try to develop something useful strategy so you could enjoy those casino games you are participating.

How do we react to my first gambling results be it winning or lose?

Just don't expect so high about your winnings and once you already see a good profit to take then better do it since there are so many times that newbies luckily won but they don't quit and after that they lost all they got so for you not to experience that much better to quit immediately once you are in profit. Its so stressful to quit when you are already losing so don't came into that situation since that's how you start to hate gambling.

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January 22, 2024, 08:49:30 AM
 #69

You must have good self-control first before entering gambling because that is one way to prevent you from losing a lot. When you can't control yourself, you will be triggered to use more money, resulting in more losses. If you can't practice self-control, it's better not to gamble so you don't lose. And if you already have good self-control, the next thing you have to know is how much money you want to use for gambling. Don't go beyond limits you can't afford so you don't experience many losses. If you experience defeat from gambling, you should not continue gambling and immediately end your gambling activities and look for other activities that can entertain you.

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January 22, 2024, 09:08:51 AM
 #70

How do i handle my first gambling experience.
OP, all your questions about gambling, you can feel this after you play and your experience is what can answer all your questions, the point is, try to gamble based on the abilities you have, whether it's money, type of game and so on.

For this reason, your close friends are very important for a beginner if you enter the gambling arena, where games have a chance of winning or anything related to the casino, be it reputation and so on.

Many people know that once you have experience playing day after day your level of knowledge will increase in all things.

R


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January 22, 2024, 09:26:21 AM
 #71

Hello senior citizens and my fellow newbies gambler's, now I gat a straight forward question for you all.
How do I prepare myself for my first gambling experience?
What are the things I should expect as a first time gambler?
How do we react to my first gambling results be it winning or lose?
Thank you all for your helpful opinions.

You have gotten enough responses that will help you to be a responsible gambler if you read and follow them. Keep in mind that gambling is not a source of income which is why you should not see it as an investment. Just see it as a source of entertainment and always enjoy your game. It is also very important not to chase losses because the house always has the advantage. Chasing losses is one of the ways of becoming addicted to gambling. Gamble based on your income and don't ever compete with friends because you don't know how much they earn. Gambling should be an individual race, so you should engage in it based on your income. It is also important to separate your time of gambling from your work time. Please don't gamble in your place of work because it could serve as a distraction. In summary, plan how you intend to spend your time and money so that you can gamble responsibly.     

R


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January 22, 2024, 09:33:53 AM
 #72

Whatever is behind the reason why you choose to become a gambler, know that losing is the most certain in this space, that's why you should use small amount to give a try first, some beginners have a bad starting experience in gambling and it's not bad at all, because they will learn to be cautious compare to beginners that start winning straight away.

I believe that beginners who have some winning will likely believe that this is the true color of gambling, and they might end up getting addicted straight away, the reality of gambling is how you handle your emotion and greed, know that gambling is never going to be a source of income.

Gambling is best for those looking for entertainment while risking some money, mind you, gambling will only be a form of entertainment only if you risk very little amount of money, because how will you enjoy the game when you have bet a lot that you are not ready to lose? So many gamblers don't understand gambling and they end up learning the hard way.

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January 22, 2024, 09:33:56 AM
 #73

How do I prepare myself for my first gambling experience?
I advise you to learn about gambling and know your approaches to it. You also need to know that gambling is not a do-or-die affair and you can both lose or win in it. Ensure you prepare mentally and financially, and you must be so budgetary with it and have good plans that will not affect your gambling account and sanity. Above all, you need to be cautious towards gambling, gamble with a small amount and the money you can afford to lose, especially when you are just starting.

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What are the things I should expect as a first time gambler?
Just zero your mind on the outcome and expect either a win or a lose outcome. And anyone that comes should be accepted in good fate. Avoid being emotional after the result and never revenge your losses. Or else, the chance of losing more is very high.

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How do we react to my first gambling results be it winning or lose?
I don't have special advice for you here other than to be yourself. Do not be too excited about winnings and continue to bet with an open and neutral mind if you must continue. But still do not let emotions be triggered if you lose the money back and still lose more. This often happens in gambling.

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January 22, 2024, 09:46:03 AM
 #74

Hello senior citizens and my fellow newbies gambler's, now I gat a straight forward question for you all.
How do I prepare myself for my first gambling experience?
What are the things I should expect as a first time gambler?
How do we react to my first gambling results be it winning or lose?
Thank you all for your helpful opinions.

Welcome to the gambling world, i will answer your questions based on my own experiences and I hope it helps.
When it comes to preparation, First thing that I did was, I allocate minimum budget amount for my gambling and It's up to me how I will grow the money that I have. My goal at that time was that once my money is used up, I need to stop and not release any more gambling capital, In that way, I teach myself how to be responsible in handling and spending my own money. The first thing that you should expect is gambling is not all about winnings, not all the time. When I say nit all the time, you should know that there's this thing called beginners luck and when you experience the so-called beginners luck, make sure you can manage the money you won because anytime it can be taken back from you through a series of losses.



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January 22, 2024, 09:52:40 AM
 #75

Well first of all only gamble the amount you can afford to lose. Set a budget. Wins and losses happen so be ready for both so you wont be so desperate to chase losses if things don't go your way. If you win, maybe pocket some of those winnings instead of risking it all. Just have fun and keep it chill because gambling is for entertainment, not a surefire money maker.

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January 22, 2024, 09:58:57 AM
 #76

Hello senior citizens and my fellow newbies gambler's, now I gat a straight forward question for you all.
How do I prepare myself for my first gambling experience?
What are the things I should expect as a first time gambler?
How do we react to my first gambling results be it winning or lose?
Thank you all for your helpful opinions.
You have to understand that losing is part of gambling, that is the most important thing for you to understand and know, sometimes there are beginner gamblers or senior gamblers who don't want to experience defeat because of pride or want to recover all their losses to the point of borrowing money and spending a lot of money. just to catch up to recover the money that was slightly lost before. that is the wrong way to do it, never imitate that.

Before you start gambling, make sure you limit your budget and gambling time, start from a small amount first, you don't need to gamble for too long, basically you gamble with small bets as an experiment, then you can increase it again in the future according to your budget, at least no more than 5% of your income. every month, you can start gambling which you think is easy and fun. Sometimes we need to have a pleasant feeling when gambling.

Remember that gambling is just entertainment and seeking pleasure. That's why don't think of gambling too much as a place to seek instant wealth and make easy money, that's clearly wrong, that way of thinking is what makes people easily addicted to gambling later. understand that winning and losing is a normal matter so there is no need to worry about being anxious about it. enjoy every game you play, that's the most important thing

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January 22, 2024, 10:04:32 AM
 #77

The first thing to manage the gambling experience is to control yourself a person who can control himself will have fewer losses. If you're new to gambling don't just pick a game and expect to win when you play know what it means, game volatility betting flashing and more. Don't spend more money than you expect. The best way to do this is to have a gambling bankroll this means setting aside a certain amount of money to bet every day and making sure you don't go over it. If you don't set a time limit for yourself it puts them at greater risk.

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January 22, 2024, 10:18:14 AM
 #78

Your first experience is very important and it will be very memorable for you for the years to come it will set the phase on how you will behave in the succeeding sessions, so be sure that you have an enjoyable and worth remembering experience.
Just be observant and don't look to make a profit, some new gamblers have the wrong notion about gambling because they started on the wrong foot they thought that they could make a living from gambling when they won a few rounds.
Always remember that gambling is a game of luck and you should only use excess money, going over this rules will cause you trouble.

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January 22, 2024, 10:40:59 AM
 #79

Casino play, online or offline, is like navigating a maze. Online hazards are hidden in code and images. This virtual casino's underbelly includes hacks, exploits, and digital traps. Game within game. You're playing against an invisible army of cyber threats, not simply the house or other players. Vigilance is essential. Do more than play - protect your identity and bankroll

However, offline casinos present other issues. Physical safety comes first. If you become a target, that large victory adrenaline thrill can rapidly fade. Unfortunately, no casino (online or offline) is impregnable. As enterprises in a sea of competitors, vulnerability is an occupational hazard. Enjoy the rush, but remember: "The house always wins". But in this game, sometimes victory means remaining safe and playing another day

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January 22, 2024, 11:22:41 AM
 #80

How do I prepare myself for my first gambling experience?
Have a budget that you can afford to lose and choose a platform where you will gamble. That's pretty much it, I guess.

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What are the things I should expect as a first time gambler?
Depends on what you are expecting from it. If you are gambling for profits and money, you should expect either winning or losing, and if you are gambling for fun, you should expect entertainment, you will need to choose good games for that though.

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How do we react to my first gambling results be it winning or lose?
We can't inject emotions into you, and those things are situational. It will depend on you and your nature and your excitement and a bunch of other factors that may affect the reaction at that moment. So, we can't tell you how you should react, it's you who should know based on your expectations.

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