Gambling Management

[lombok]

I often run out of funds due to gambling that is too blind in terms of placing $$ on every bet I make and ends up losing. I do multi-bets and single-bets, every time I win, sometimes I forget myself and use all my $$ on the next bet. This sometimes gives me big wins, but if I'm unlucky I can lose all my funds and this has happened many times.

I started to realize and change my habits. Now I use $$ from the profits from the previous bet to place the next bet and save my initial capital.

What do you think, is this good and can help me overcome losses that will occur so that $$ remains safe and can be used in future betting? Are there other unique ways that you can use to grow your money in gambling? feel free to comment. Thanks

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[Oshosondy]

I do multi-bets and single-bets, every time I win, sometimes I forget myself and use all my $$ on the next bet. This sometimes gives me big wins, but if I'm unlucky I can lose all my funds and this has happened many times.

This means that you are greedy. Do not mind me that I said that. I was like this before. I can win 10x and still continue to bet with the total money that I have and my winning together on a single bet. I even remember a time that I bet like $1 up to when I won $35 and I lost all at ones. It is called greediness and it happens to addicted gamblers. You will need to stop that because you are chasing money and not fun.

[Richbased]

I often run out of funds due to gambling that is too blind in terms of placing $$ on every bet I make and ends up losing. I do multi-bets and single-bets, every time I win, sometimes I forget myself and use all my $$ on the next bet. This sometimes gives me big wins, but if I'm unlucky I can lose all my funds and this has happened many times.

I started to realize and change my habits. Now I use $$ from the profits from the previous bet to place the next bet and save my initial capital.

Gambling can sometimes be like a business if you apply a good knowledge of how it should be followed and not to be greedy. Some persons as soon as they win a huge amount with little stake, they tend to increase their stake power and start playing with huge amounts forgetting to know that they actually won with little stake and winning big and increasing ones staking power most times leads to excessive loss because you might keep losing till a point you will observe that you've lost so much money and another thing is multi betting like playing multiple bets with the believe that one of your tickets would win, all these are strategies to lose your money within a twinkle of an eye.

Gambling often times have been discussed as a very risky game of which the chances of winning is minimal and one shouldn't take because you were lucky to win and start betting irresponsibly or being too greedy of staking your whole winning with the mindset that you will win bigger as doing so may actually lead to losing all your money. No matter how deep you are in gambling, don't take higher risks of increasing your stakes after a win and to me in a case of winning, I normally take out my profits and still try again with the initial capital I used in winning and if it doesn't work, I just walk away with my profits.

[retreat]

It's a good thing that you realize your mistake and want to immediately change your habit, because from what I see is that you tend to gamble uncontrollably and without a plan, this will make your gambling sooner or later disrupt your finances. And it's a good idea for you to manage your bankroll and only gamble the money you have previously allocated. For your winnings, you can save some of it and don't need to gamble it all away, because you will need it later.

[_act_]

It's a good thing that you realize your mistake and want to immediately change your habit, because from what I see is that you tend to gamble uncontrollably and without a plan, this will make your gambling sooner or later disrupt your finances. And it's a good idea for you to manage your bankroll and only gamble the money you have previously allocated. For your winnings, you can save some of it and don't need to gamble it all away, because you will need it later.

It would be good if lombok reads this because you are saying exactly what is right. If you are gambling and winning and using all the money won and your bankroll to gamble all at once again and repeatedly, you can not all the time be lucky and the day that you thought you have been winning would ended in losses and feeling of unhappy. A gambler that is going like this will ended up using all his money to always gamble. So I will say that he might have financial challenges already. If he does not stop, it may not end well. @lombok, please stop this habit. It will not favour you than do you something bad in life.

[ajiz138]

You have to change your habits because this often happens when you get greedy and expect to be profitable in the next bet.

I've experienced this before but have now changed this habit - when I started with $10 and made multiple bets and was lucky enough to make $70, it would have been big enough if I'd just secured my profits, leaving only my capital, but what happened? Betting all and hoping this wins again but the second time it is unlucky the bet loses, after that feeling sorry.

So that's what happened what we felt, but now more disciplined in gambling financial management in the sense that when the capital has returned then the profit will be withdrawn, so that I don't get hot with the greed because you must in your little heart have a little regret where betting a little continues to win with high odds.

Don't get used to this, because for me this is bad.

[Apocollapse]

First, when you receive your monthly salary, only use 1%-10% or any amount you can afford to lose for gambling.

Second, if you lose and don't have nothing left, it means you need to stop gamble. But if you earns, don't try to increase your betting amount since you have more money. This will make you become greedy and think able to multiply your capitals.

[michellee]

It seems that you really need to learn about self-control to prevent your greed from becoming bigger. Losing self-control is a common thing experienced by many gamblers. If you have noticed that you often experience a loss of self-control, you must immediately learn about it. If not, you might gamble more often, especially in pursuit of victory.

You can bet using the money from your profits and save the capital. That's a good plan because at least you can return the capital to your wallet. You only use your profits to place bets. But you must remember to save some of your profits if you win again.

If you can save some of the profits, your money will increase. You no longer need to deposit money into your gambling account because you only use money from your profits to gamble. But you have to learn self-control so that you don't get greedy because you want another big win.

[Mauser]

I often run out of funds due to gambling that is too blind in terms of placing $$ on every bet I make and ends up losing. I do multi-bets and single-bets, every time I win, sometimes I forget myself and use all my $$ on the next bet. This sometimes gives me big wins, but if I'm unlucky I can lose all my funds and this has happened many times.

I started to realize and change my habits. Now I use $$ from the profits from the previous bet to place the next bet and save my initial capital.

What do you think, is this good and can help me overcome losses that will occur so that $$ remains safe and can be used in future betting? Are there other unique ways that you can use to grow your money in gambling? feel free to comment. Thanks

It seems that you lose track of your total bankroll during gambling, which is a common thing among newer gambler that get top excited in the moment. It's important that you focus more on your bankroll management skills and start to implement some fixed rule. For example, whenever I make a profit I take that money out of my bankroll and don't use it again for gambling on the same evening. I prefer to spread out my winning money over the next several weeks instead of using it all on the same day. This helped me a lot to not lose my winnings directly again. Another thing that helped me a lot to grow my bankroll over time is to split my money and have fixed amounts to gamble with each month. This let's me avoid to go broke again during gambling. Try to find some rules that match your gambling style and write them down.

[LDL]

I often run out of funds due to gambling that is too blind in terms of placing $$ on every bet I make and ends up losing. I do multi-bets and single-bets, every time I win, sometimes I forget myself and use all my $$ on the next bet. This sometimes gives me big wins, but if I'm unlucky I can lose all my funds and this has happened many times.

I started to realize and change my habits. Now I use $$ from the profits from the previous bet to place the next bet and save my initial capital.

What do you think, is this good and can help me overcome losses that will occur so that $$ remains safe and can be used in future betting? Are there other unique ways that you can use to grow your money in gambling? feel free to comment. Thanks

Since you should not bet with your full fund at all because if you bet with full fund there is loss instead of profit then it is normal that the full balance will be zero. But you bet with full balance in gambling and got profit sometimes because you could not control your emotions and a kind of greed worked inside you due to which you bet with all your balance to get more profit. One suggestion for you is first learn to control your emotions then learn to bet. Never make consecutive bets and never use a full balance on bets. If the full balance is used, once a loss is incurred, it is not possible to recover the previous balance.

[borovichok]

I often run out of funds due to gambling that is too blind in terms of placing $$ on every bet I make and ends up losing. I do multi-bets and single-bets, every time I win, sometimes I forget myself and use all my $$ on the next bet. This sometimes gives me big wins, but if I'm unlucky I can lose all my funds and this has happened many times.

I started to realize and change my habits. Now I use $$ from the profits from the previous bet to place the next bet and save my initial capital.

What do you think, is this good and can help me overcome losses that will occur so that $$ remains safe and can be used in future betting? Are there other unique ways that you can use to grow your money in gambling? feel free to comment. Thanks

Gambling is a circle. It will always continue and using the profit made from gambling to gamble and then saving the initial capital is not a good financial management practice. The problem lies in the fact that when you lose the profit you will have to use the savings and in the end, you will lose everything without achieving anything. This is not the best. When you win, first and foremost, make sure you settle your bills before you think of gambling again. You don't have to gamble again when you have a bill or expenses to settle.

Setting a limit is the best management practice because whether you win or not there is a limitation to the amount you would use to gamble. It is a pity that most people still don`t understand that gambling is full of uncertainty and so we don`t have to approach the game with so much confidence because if it is so we would lose heavily.

[Hanadawa]

What do you think, is this good and can help me overcome losses that will occur so that $$ remains safe and can be used in future betting? Are there other unique ways that you can use to grow your money in gambling? feel free to comment. Thanks

From your story I can see that you are greedy and have become addicted to gambling. But calm down friend and sorry if I offended you. I think I would be in the same situation as you if I were in your position at that time. Because when we have won several bets of small value, we want to get several more wins so that our money becomes thousands of dollars and we can afford to buy something. But what you have to realize is that no one will be successful or rich from gambling. Some people spend small amounts of money on gambling. And some people, in a situation like yours, will continue to add capital to gamble because they want win after win.

I think the only way is for you to stop gambling. Maybe what I say is very harsh and difficult to accept, but someone who has been addicted to gambling must stop gambling completely to get rid of that addiction.

[piebeyb]

I started to realize and change my habits. Now I use $$ from the profits from the previous bet to place the next bet and save my initial capital.

What do you think, is this good and can help me overcome losses that will occur so that $$ remains safe and can be used in future betting? Are there other unique ways that you can use to grow your money in gambling? feel free to comment. Thanks

That's why it's important to manage your finances properly and limit your budget so you don't be too careless in making unnecessary betting decisions. Sometimes when we start to be confident in betting as much as we like, we're only tempted by the total winnings so that when we lose, we realize that we were too greedy. bets that end up running out of money faster, in the next game you should change the way you play, including managing your finances properly and limiting your gambling budget most appropriately.

You don't have to try to save money, the point is that you have to set your budget so that it doesn't exceed the limit and the most important thing is to use money that you don't use, meaning unused money that is not for your living expenses, betting as usual is a strategy that you use it, you just need to limit the budget, I'm sure you will remain properly controlled, even though the strategy you apply is also good by using the profit money for the next bet, but you still have to be in proper control and not careless, let alone too greedy.

[Lida93]

You use an $$ amount to place a bet and luckily make an $$ amount of win and if you feel like continuing to gambling even after that win which for some gamblers like me will prefer going home calling it a day. But for you who insist on continuing to gamble, why not take out an $$ amount from the profit made from the win and go ahead with another bet but peradventure you lose it, taking a bow with both the capital and the other remaining $$ profit with you and walk away.

By so doing you are not leaving as a loser but with your capital and some profits not minding how little the profit might be it's more honorable and better than to leave as a loser which ultimately you won't be running out of funds anymore.

[Cantsay]

I started to realize and change my habits. Now I use $$ from the profits from the previous bet to place the next bet and save my initial capital.

What do you think, is this good and can help me overcome losses that will occur so that $$ remains safe and can be used in future betting? Are there other unique ways that you can use to grow your money in gambling? feel free to comment. Thanks

According to Kenny Rogers ”You gat know when to hold em’ know when to fold and know when to walk away”.

What you’re currently exhibiting is a very bad habit – one that has led to the downfall of so many gamblers. You shouldn’t put back everything you have won in gambling back into your account with the hope of making up for previous losses you’ll only end up losing everything.

One thing you could do is to make sure to you set an amount you can withdraw from your account each time you’re lucky enough to win something – even if it’s just $4 remove it and use it for something different if you continue like that it will become an habit for you. If I have $2 in my account and I place a bet and then won +$1 I’ll make sure I remove my initial deposit and bet with the money I won but if it’s a big amount I’ll add to the amount i initially deposited and then I’ll be experiencing profits. It might not be much but at least I’ll have something to play with next time.

[dothebeats]

Being disciplined can help you with better bankroll management. You will eventually see your losses decrease even if you are losing lots of bets. Controlling the amount of your bets is another thing that goes hand in hand with discipline. Do it consistently and you'll grow your bankroll if your bets hit a lot. It takes time, and of course you'd still claw back to your old habits, but you'll eventually get it done.

[Zigabel]

I often run out of funds due to gambling that is too blind in terms of placing $$ on every bet I make and ends up losing. I do multi-bets and single-bets, every time I win, sometimes I forget myself and use all my $$ on the next bet. This sometimes gives me big wins, but if I'm unlucky I can lose all my funds and this has happened many times.

I started to realize and change my habits. Now I use $$ from the profits from the previous bet to place the next bet and save my initial capital.

What do you think, is this good and can help me overcome losses that will occur so that $$ remains safe and can be used in future betting? Are there other unique ways that you can use to grow your money in gambling? feel free to comment. Thanks

The strategy of using the profit made on the bets for your next bet is a fair one because you are protecting your capital just as you should but then it's still good I'd you don't use all of the profits on the next bet because you are still not sure of winning your next bet so what you will do most likely will be you protecting your capital and still have reserved in case the new bet placed is lost you will still have some funds to fall back at before you get to you capital again and if you are very careful with your bet it's very positive you will win again before you exhaust that which you have set aside for betting again from your profit gotten from your first bet.

Don't allow yourself get too greedy thinking you could win some more again if you had increase your stake and then add both your Capita and your profit to invest into your new bet, if you lose that one, you may not be able to place a new bet because both your capital and all other money has been lost to your new stake.

[acroman08]

I started to realize and change my habits. Now I use $$ from the profits from the previous bet to place the next bet and save my initial capital.

wouldn't this make your future bets smaller and smaller until you reach the minimum betting amount?

What do you think, is this good and can help me overcome losses that will occur so that $$ remains safe and can be used in future betting? Are there other unique ways that you can use to grow your money in gambling? feel free to comment. Thanks

to be honest, I don't know, but if it works for you, then that's good. for me though, I use a fixed budget to use for gambling and would not add anymore even if I lose and if in the end, I ended up with a profit I just set aside the previous funds I saved to use for my next gambling session and use the profit for other things or just save it.

[Assface16678]

What do you think, is this good and can help me overcome losses that will occur so that $$ remains safe and can be used in future betting? Are there other unique ways that you can use to grow your money in gambling? feel free to comment. Thanks

First off, get away from gambling for a while. As you've said, you are already in debt, so if you still continue on betting or gambling, then you're making the situation worse. It's better to recover your losses by doing other things, such as investments or a job. It's hard to have debt, and before you know it, it might be too late. So the solution is yourself. How will you control yourself or the urge to gamble? It's good that you are aware of your current situation, so it's still not too late for you to change and hold yourself back from making the situation worse.

I undergo this situation, but I manage to have my mindset and holdback when I know it's not good, and I also mandatory set myself a boundary or budget so that's the only money I will spend on gambling, so even if I lose, it doesn't matter.

[Adbitco]

What you should do is that whenever you places bet and win do not place another bet for that day even though the predicted games seems to be real to become reality do not place a bet because at that moment you still joyous of the previous win and could lead to more lost in the process of trying to place the bet.

So, what you should do is that place a limits on yourself on the amount you want to wager per day or week to enable you manage your funds economically otherwise when you always use the money won previously to gamble again you will still ends up wasting them there and it's advisable to withdraw your winnings a space the gambling site for at least 24hrs otherwise 48hrs is the best by then you have a total decision on what you want to use your funds on.