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Author Topic: Gambling Management  (Read 3470 times)
Mr. Magkaisa
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March 04, 2024, 07:55:16 AM
 #221

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

        -    Well, if I go by your story, you kind of show that you get greedy when you get lucky or win when you gamble in a casino. Think about it: if you know you're going to win, then you bet on your winning price because you expect that if you win, you'll get a lot of money.

If you know you have won and it is not easy to win in one day, you should stop instead of continuing. Maybe you should change your style, mate. It's not a good habit either, and don't you notice that you've experienced it many times and you just do it over and over again, or maybe you just don't notice it?

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March 04, 2024, 08:10:50 AM
 #222

Yes, because gambling cannot be used as a stable source of income, management becomes difficult.
Cannot? That tells it's impossible, I beg to disagree with that as I believe it's possible but chance of making ourselves successful is very slim. So let us not use the word cannot or impossible.

Are you being sarcastic here or you actually mean this? PythagoraZ wasn't talking about being successful in gambling but rather, he's talking about making it a stable means of income. Being successful in gambling is of course very possible but you can not definitely make it your stable source of income. The word "stable" means steady and continuous. Your winning in gambling is not always guaranteed no matter how expert you are, this automatically make it impossible for someone to rely on it as their source of income.

Of course, I'm not. Maybe we differ on the definition of stable because what I understand about stability in a gambling perspective is not winning daily or weekly, but at least you'll end up winning in the long run. Just like a casino, they don't win on a daily basis, but they win in the long run. I know it sounds impossible for most of us, but there are people I follow doing sports betting, which they call pros, and they are showing how profitable they are.

Sometimes they will have a losing streak, but since they have a decent bankroll to withstand that kind of situation, they were able to recover until, in the long run, they will still end up profitable. If you live within your means, I think you can survive with your gambling income, considering you are profitable.

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March 04, 2024, 09:14:11 AM
 #223

~~

        -    Well, if I go by your story, you kind of show that you get greedy when you get lucky or win when you gamble in a casino. Think about it: if you know you're going to win, then you bet on your winning price because you expect that if you win, you'll get a lot of money.

If you know you have won and it is not easy to win in one day, you should stop instead of continuing. Maybe you should change your style, mate. It's not a good habit either, and don't you notice that you've experienced it many times and you just do it over and over again, or maybe you just don't notice it?

In fact, basically there is nothing wrong with the point you are saying, but each person or gambler has different ways and patterns in gambling based on their experience. whether OP or your opinion, there is actually nothing wrong from my point of view. It's just that, I tried to see it from various points of view from the OP's side. The point is, OP has learned and changed his habit patterns. At least if I refer to what was said in this thread, the OP is risking money again from the results of previous winning bets. he also claims to be able to save his initial bankroll, well that's better than OP risking it all anyway he can start over with another game if he wants. there is a change in the pattern of the OP's habits, and based on my experience, the OP will rediscover other patterns or, as the title of this thread suggests, gambling management for him.

As for being based on opinion or you could say it is based on your point of view, there is nothing wrong with what you say. I really understand the points you convey in this post. especially if we win a betting session, it is better to stop it rather than continue it. however, each person has different ways of finding pleasure in gambling, and we cannot apply the same pattern and one of them like the opinion you said. For me personally, the most important point is, knowing the limits of my abilities and how to be responsible for our gambling and not forgetting to involve self-control.

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March 04, 2024, 09:35:44 AM
 #224

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
You are greedy, accept it that you are, and I don't see you coming to your right senses just because you are risking money on gambling from your previous games which you won.

Are you telling me that you will always win? If you target to continue gambling is from your previous games it won't always work out because you can't always win, and mind you, how is this helpful for your greed?

You are not talking as if the greed is a bigger problem, which to me it is, you need to find another plan, make some money, and risk some percentage of that balance on gambling, when you lose you should get your ass out of the casino, if you don't practice this right now, you will become a addicted gambler pretty soon or maybe you are already.

Using money from previous wins won't safe your ass, because your previous games can't always be win win all the time, that's a big white lie.
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March 04, 2024, 09:42:14 AM
 #225

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.
Oshosondy you were never alone in this, I have also experienced the same level of greed before, where I won almost 10x and instead of giving up and move with the winnings I still persuad myself to take more bets hoping to win more and at that level I am always carried away to bet all the total balance in my wallet hoping to hit the final big amount.

This kind of thinking is what makes one to become either addicted or loses and run into depression because you will blame yourself for not taking a bow and walk away when you won a series of your bets.
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March 04, 2024, 09:42:33 AM
 #226

Yep, no strategy can make someone win all the time, on the contrary, most strategies in gambling are recipes to disaster which means that you will lose more money or almost everything you have if you try and apply a strategy to your betting pattern. Martingale strategy is famous for cleaning up the bankrolls of gamblers.

Absolutely, you've captured a fundamental truth about gambling. No strategy can guarantee consistent wins, and many strategies, if relied upon too heavily, can indeed lead to significant losses. This is because most Casinos and bookmakers always have a built-in advantage in their games or odds, ensuring that over the long run, they will make a profit. This means that even if a player employs a strategy, the odds are in favour of the house rather than the player. For example, in games like roulette or slot machines, where outcomes are purely based on luck, no amount of strategy can alter the odds in favour of the player.

While some strategies may seem promising in the short term or specific circumstances, they often fail to account for the inherent randomness and unpredictability of gambling outcomes. Moreover, factors such as variance, bankroll management, and the psychological aspect of gambling play crucial roles in determining success or failure. It's important for individuals to approach gambling with a realistic understanding of the risks involved and to gamble responsibly. This includes setting limits on both time and money spent, avoiding chasing losses, and understanding that ultimately, gambling should be seen as entertainment rather than a reliable source of income.

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March 04, 2024, 12:13:47 PM
 #227

Yes, because gambling cannot be used as a stable source of income, management becomes difficult.
Cannot? That tells it's impossible, I beg to disagree with that as I believe it's possible but chance of making ourselves successful is very slim. So let us not use the word cannot or impossible.

Are you being sarcastic here or you actually mean this? PythagoraZ wasn't talking about being successful in gambling but rather, he's talking about making it a stable means of income. Being successful in gambling is of course very possible but you can not definitely make it your stable source of income. The word "stable" means steady and continuous. Your winning in gambling is not always guaranteed no matter how expert you are, this automatically make it impossible for someone to rely on it as their source of income.

Of course, I'm not. Maybe we differ on the definition of stable because what I understand about stability in a gambling perspective is not winning daily or weekly, but at least you'll end up winning in the long run. Just like a casino, they don't win on a daily basis, but they win in the long run. I know it sounds impossible for most of us, but there are people I follow doing sports betting, which they call pros, and they are showing how profitable they are.

Sometimes they will have a losing streak, but since they have a decent bankroll to withstand that kind of situation, they were able to recover until, in the long run, they will still end up profitable. If you live within your means, I think you can survive with your gambling income, considering you are profitable.
I quite understand you and you are right, it's all about how we view and define it. Some could measure it periodically, while others could view it in the long run, and what the account history states would be the decisive judge in this regard. Besides, I love the way people are now talking about sports betting, it is actually the best. I got to discover this myself and I have been so kin with it as I risk more than 95% of my gambling money to it and 5% to the casino section. Do you know why? It's because I am the kind of person that faces reality as fast as possible and I do not need people to point my attention to anything before I get to discover it and adjust as quickly as possible. Due to this, I've always known that money-making can be realised easily in my sports betting while casino betting is always related to my fun and both have been great in performing these tasks since years ago. This is actually what is helping me not to have any regrets in gambling and once I bet well and carefully, and also manage my gambling account very well, the rest will always be a good story.

Now back to the argument, I love it better when we judge our success with the long-term view, though the period times like the daily, weekly, monthly and so on can be good as well, nonetheless, one thing we should know as an issue is that it could mount pressure on us when we are losing due to our expectation periodically. This had happened to me before when I had good weeks of gambling but when my gambling was at a loss in 2 weeks I started having the emotions. But the moment I stopped evaluating myself periodically but cared about what my portfolio states at a random long duration of time, everything changed and I had to be stable and in profits even though it is not a huge profit as many would want it to be, but notwithstanding it is still better than losing.

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March 04, 2024, 02:22:17 PM
 #228

Yep, no strategy can make someone win all the time, on the contrary, most strategies in gambling are recipes to disaster which means that you will lose more money or almost everything you have if you try and apply a strategy to your betting pattern. Martingale strategy is famous for cleaning up the bankrolls of gamblers.

Absolutely, you've captured a fundamental truth about gambling. No strategy can guarantee consistent wins, and many strategies, if relied upon too heavily, can indeed lead to significant losses. This is because most Casinos and bookmakers always have a built-in advantage in their games or odds, ensuring that over the long run, they will make a profit. This means that even if a player employs a strategy, the odds are in favour of the house rather than the player. For example, in games like roulette or slot machines, where outcomes are purely based on luck, no amount of strategy can alter the odds in favour of the player.

While some strategies may seem promising in the short term or specific circumstances, they often fail to account for the inherent randomness and unpredictability of gambling outcomes. Moreover, factors such as variance, bankroll management, and the psychological aspect of gambling play crucial roles in determining success or failure. It's important for individuals to approach gambling with a realistic understanding of the risks involved and to gamble responsibly. This includes setting limits on both time and money spent, avoiding chasing losses, and understanding that ultimately, gambling should be seen as entertainment rather than a reliable source of income.

You made a good point. However, the focus should shift beyond the house edge and randomness. Player discipline and mindset matter. No strategy guarantees consistent wins? Correct. Strategy is about time and money management, not merely beating the odds. Bankroll management, realistic boundaries, and psychological traps are key. They promise control, not money. Control over decisions, emotions, and gambling. Healthy gambling involves self-awareness and educated choices. The real victory is not defeating the house, but not letting it win

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March 04, 2024, 03:05:26 PM
 #229

Absolutely, you've captured a fundamental truth about gambling. No strategy can guarantee consistent wins, and many strategies, if relied upon too heavily, can indeed lead to significant losses. This is because most Casinos and bookmakers always have a built-in advantage in their games or odds, ensuring that over the long run, they will make a profit. This means that even if a player employs a strategy, the odds are in favour of the house rather than the player. For example, in games like roulette or slot machines, where outcomes are purely based on luck, no amount of strategy can alter the odds in favour of the player.

While some strategies may seem promising in the short term or specific circumstances, they often fail to account for the inherent randomness and unpredictability of gambling outcomes. Moreover, factors such as variance, bankroll management, and the psychological aspect of gambling play crucial roles in determining success or failure. It's important for individuals to approach gambling with a realistic understanding of the risks involved and to gamble responsibly. This includes setting limits on both time and money spent, avoiding chasing losses, and understanding that ultimately, gambling should be seen as entertainment rather than a reliable source of income.

You made a good point. However, the focus should shift beyond the house edge and randomness. Player discipline and mindset matter. No strategy guarantees consistent wins? Correct. Strategy is about time and money management, not merely beating the odds. Bankroll management, realistic boundaries, and psychological traps are key. They promise control, not money. Control over decisions, emotions, and gambling. Healthy gambling involves self-awareness and educated choices. The real victory is not defeating the house, but not letting it win

The randomness applied by casinos to every system in the game will thwart all the plans and strategies you have so of course simply if it's time to lose, you will still lose, gambling is not something that can be learned because this activity is built only to try everyone's luck and nothing more than that so it is natural that there is absolutely no consistency in terms of winning because it will only happen when you are really in a lucky situation. On the other hand yes I quite agree with your idea that actually the strategy in gambling will only be influential if the strategy leads to preventive measures such as financial and time management and also limits expectations or expectations, and not to pursue something like winning because still as I said above that there is no certainty in gambling plus all systems run randomly to determine who will win.

This is the reason why it is always recommended to treat gambling naturally by always making decisions on your own abilities especially in terms of budget allocation, and yes healthy gambling is when you are able to manage everything well and not exceed your limits.

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Blitzboy
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March 04, 2024, 03:07:04 PM
 #230

Yep, no strategy can make someone win all the time, on the contrary, most strategies in gambling are recipes to disaster which means that you will lose more money or almost everything you have if you try and apply a strategy to your betting pattern. Martingale strategy is famous for cleaning up the bankrolls of gamblers.

Absolutely, you've captured a fundamental truth about gambling. No strategy can guarantee consistent wins, and many strategies, if relied upon too heavily, can indeed lead to significant losses. This is because most Casinos and bookmakers always have a built-in advantage in their games or odds, ensuring that over the long run, they will make a profit. This means that even if a player employs a strategy, the odds are in favour of the house rather than the player. For example, in games like roulette or slot machines, where outcomes are purely based on luck, no amount of strategy can alter the odds in favour of the player.

While some strategies may seem promising in the short term or specific circumstances, they often fail to account for the inherent randomness and unpredictability of gambling outcomes. Moreover, factors such as variance, bankroll management, and the psychological aspect of gambling play crucial roles in determining success or failure. It's important for individuals to approach gambling with a realistic understanding of the risks involved and to gamble responsibly. This includes setting limits on both time and money spent, avoiding chasing losses, and understanding that ultimately, gambling should be seen as entertainment rather than a reliable source of income.

I've seen it many times: people get excited about a probable win, just to lose. Gambling "strategy" is a myth and wishful thinking. Bankroll management is often discussed but rarely performed. Not only should you minimize your spending, but every penny gambled is certainly a penny lost. Chasing losses? A recipe for despair. Gambling should be seen as enjoyment with a cost, not an investment.

Lets not ignore gambling's psychological trap. It exploits optimism and the excitement of "what if," leaving many regretful. Responsible gambling requires self-awareness, addiction recognition, and the willingness to stop. Remember that leaving is brave.

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March 04, 2024, 03:12:17 PM
 #231

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 management is very important think how to control or manage well with fund allocated for betting, some gambler have limitation with how much money deposit in gambling account and not excited to redeposit fund when get loss in gambling.
Depend get big win or big losses is not really important yet during have limitation with much maximum fund using for deposit and get limitation amount for withdrawing if can get chance big win.
Its good way with your money management in betting, firstly secure your capital by withdrawing it and use the profitable earn for betting but I think you can stop awhile and withdrawing all your fund after raising bigger winning in gambling then come back tomorrow.

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March 04, 2024, 03:14:50 PM
 #232

Yep, no strategy can make someone win all the time, on the contrary, most strategies in gambling are recipes to disaster which means that you will lose more money or almost everything you have if you try and apply a strategy to your betting pattern. Martingale strategy is famous for cleaning up the bankrolls of gamblers.

Absolutely, you've captured a fundamental truth about gambling. No strategy can guarantee consistent wins, and many strategies, if relied upon too heavily, can indeed lead to significant losses. This is because most Casinos and bookmakers always have a built-in advantage in their games or odds, ensuring that over the long run, they will make a profit. This means that even if a player employs a strategy, the odds are in favour of the house rather than the player. For example, in games like roulette or slot machines, where outcomes are purely based on luck, no amount of strategy can alter the odds in favour of the player.

While some strategies may seem promising in the short term or specific circumstances, they often fail to account for the inherent randomness and unpredictability of gambling outcomes. Moreover, factors such as variance, bankroll management, and the psychological aspect of gambling play crucial roles in determining success or failure. It's important for individuals to approach gambling with a realistic understanding of the risks involved and to gamble responsibly. This includes setting limits on both time and money spent, avoiding chasing losses, and understanding that ultimately, gambling should be seen as entertainment rather than a reliable source of income.

I've seen it many times: people get excited about a probable win, just to lose. Gambling "strategy" is a myth and wishful thinking. Bankroll management is often discussed but rarely performed. Not only should you minimize your spending, but every penny gambled is certainly a penny lost. Chasing losses? A recipe for despair. Gambling should be seen as enjoyment with a cost, not an investment.

Lets not ignore gambling's psychological trap. It exploits optimism and the excitement of "what if," leaving many regretful. Responsible gambling requires self-awareness, addiction recognition, and the willingness to stop. Remember that leaving is brave.

The management can rarely be performed for the simple reason that a human being simply cannot control all the feelings and emotions which one way or another impact the management set at the beginning,that is why also managing gambling funds is extremely difficult to achieve.

If you can't manage it then everything else will make you go only south in the long run as the problems will only arise and become bigger if you use more money than that allocated.

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March 04, 2024, 03:37:52 PM
 #233

Gambling management is very important think how to control or manage well with fund allocated for betting, some gambler have limitation with how much money deposit in gambling account and not excited to redeposit fund when get loss in gambling.
Depend get big win or big losses is not really important yet during have limitation with much maximum fund using for deposit and get limitation amount for withdrawing if can get chance big win.
Its good way with your money management in betting, firstly secure your capital by withdrawing it and use the profitable earn for betting but I think you can stop awhile and withdrawing all your fund after raising bigger winning in gambling then come back tomorrow.


Managing finances can be very challenging. This is disturbing because a gamblers inability to manage finance can significantly impact financial decisions. When emotions like excitement, fear, or frustration come into play, they can cloud judgment and lead to irrational choices, potentially resulting in financial losses. Managing gambling funds requires discipline, self-control, and a clear understanding of one's limits. To control gambling habits it is important to consider using a separate bank account or e-wallet specifically for gambling funds. This can help a gambler keep track of his gambling expenses and prevent him from dipping into his regular finances.

I don’t know if there are online gambling platforms which offer tools to set deposit limits and there are then a gambler should take advantage of this feature to restrict the amount of money he can deposit into his gambling account within a certain time frame. It is important also for a gambler to withdraw a portion of his profits When he has a winning streak to secure his gains. This ensures that the gambler doesn't gamble away all his winnings.

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March 04, 2024, 03:49:00 PM
 #234

Of course, I'm not. Maybe we differ on the definition of stable because what I understand about stability in a gambling perspective is not winning daily or weekly, but at least you'll end up winning in the long run. Just like a casino, they don't win on a daily basis, but they win in the long run. I know it sounds impossible for most of us, but there are people I follow doing sports betting, which they call pros, and they are showing how profitable they are.

Sometimes they will have a losing streak, but since they have a decent bankroll to withstand that kind of situation, they were able to recover until, in the long run, they will still end up profitable. If you live within your means, I think you can survive with your gambling income, considering you are profitable.

Well, you're right with your submission but if you observe closely in your first paragraph, your points justify it more why gambling can not be a reliable means of income. Let look at it from this perspective, perhaps you will get the angle I am talking from. Let assume you have no any other sources of income to survive aside gambling and you have $1k that you intend to gamble with in order to sustain yourself. Remember you are going to feed, do other things and still gamble from this money. Luckily, you manage to increase the amount to 5k within a month while you continue to feed from and all of a sudden, gambling decides to show you it's negative side and you slide into losing streak for complete a month. In this month, you are feeding from the money and still losing some part to gambling which left you with less $100. At this point, I know you'll feel devastated and confused on whether to continue gambling with the remaining money or to buy more foods. If you choose gambling, there's a possibility you will lose it all and if you buy foods, what will happen if it finished? You'll eventually agree that gambling is not a stable source of income. I know this explanation is not perfect but I hope you grab my point. The point is no matter how profitable gambling is, it can not sustain one for long. Hope we are not deviating from the main topic of discussion, let end it here.

R


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March 04, 2024, 04:08:03 PM
 #235

I don’t know if there are online gambling platforms which offer tools to set deposit limits and there are then a gambler should take advantage of this feature to restrict the amount of money he can deposit into his gambling account within a certain time frame. It is important also for a gambler to withdraw a portion of his profits When he has a winning streak to secure his gains. This ensures that the gambler doesn't gamble away all his winnings.
Casino is just casino, not bank. Online gambling platforms commonly offer tools such as deposit limits to promote responsible gambling behavior. These tools allow users to set restrictions on the amount of money they can deposit into their accounts within a specified period. I think online gambling platforms arent willing to take a risk on big deposits of their users, this is why limit is impostant. By utilizing these features, gamblers can effectively manage their spending and minimize the risk of overspending or developing gambling-related issues.

Withdrawing a portion of winnings during a winning streak is a prudent practice to safeguard profits. Gambling outcomes are inherently unpredictable, and a winning streak can quickly turn into a losing one. By withdrawing some winnings, gamblers ensure that they secure a portion of their profits regardless of future outcomes. This approach promotes financial discipline and helps prevent the temptation to gamble away all winnings impulsively. Leveraging deposit limits and withdrawing profits during winning streaks are integral components of responsible gambling behavior.

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March 04, 2024, 05:13:03 PM
 #236

Therefore, it is important for us to always understand the rules and risks of gambling before deciding to play, while recognizing that in some cases, luck plays an important role in the final outcome of a gamble or bet.
I think most gamblers understand the risks and the rules. But the problem is on the mentality of the gamblers. Many of them have no good self-control. They are easily influenced by the games, and become too emotional when they lose. This sometimes make the gamblers play with no proper way. They often double to funds to catch the win and trying to fix the losses.

“They just remember it, don't understand it.” Because if they really understand the rules and risks in gambling, then they will never ignore these rules and risks, where they will continue to try to continue playing responsibly and control their gambling activities and emotions well.

When gambling, it would be better if you only focus on trying to win the gambling you are doing, not chasing previous losses. and to prevent greater losses from occurring and falling into impulsive behavior, we must truly understand the limitations we have and also be able to limit ourselves from gambling activities.

We gamble to net significantly profits at the end of the day but it's not easy as we say it, instead we become the rapper  Gambling management is not easy task to accomplish because there are tasks to lay down for most of these projects. We worked so hard to put food on the table and it's appropriate to make proper spending of your bills today and also the ones that will be tomorrow. Gambling is risky and mainly for those that's not facing any struggles because what one needs is stable source of income and not the other way round.

Yes, everything is not as easy as we imagine, while the results are not as good as we hoped. Gambling really cannot be predicted with certainty what the final result will be. However, when we are given the opportunity to get lucky with a number of quite large wins, we must be able to make the best use of this opportunity. and to protect ourselves from impulsive behavior that only causes losses, we must at least have a priority scale, and gambling is not our main priority because it is just entertainment.

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March 04, 2024, 05:42:21 PM
 #237

Managing finances can be very challenging. This is disturbing because a gamblers inability to manage finance can significantly impact financial decisions. When emotions like excitement, fear, or frustration come into play, they can cloud judgment and lead to irrational choices, potentially resulting in financial losses. Managing gambling funds requires discipline, self-control, and a clear understanding of one's limits. To control gambling habits it is important to consider using a separate bank account or e-wallet specifically for gambling funds. This can help a gambler keep track of his gambling expenses and prevent him from dipping into his regular finances.
It will be always not easy to manage the finance. It depends on the gambler whether they have the ability to manage the finance or not. I'm sure not every gambler has a lack of ability in managing the finance. If all the gamblers have bad way in managing finance, there will be professional gamblers and experienced gamblers. It is because the gamblers won't last a long time in gambling if they can't manage their finance well. Sure, it requires discipline and commitment of limiting the amount of money to use in gambling. Yes, only people who has a good self-control to succeed in managing finance. People who are easy influenced and emotionally, probably fail to manage the financial.

I don’t know if there are online gambling platforms which offer tools to set deposit limits and there are then a gambler should take advantage of this feature to restrict the amount of money he can deposit into his gambling account within a certain time frame. It is important also for a gambler to withdraw a portion of his profits When he has a winning streak to secure his gains. This ensures that the gambler doesn't gamble away all his winnings.
There is no feature of limiting the amount of deposit. All online gambling sites are always welcome everyone to deposit as much as possible. There is no advantage that the gambling sites to have the feature of limiting the funds of gamblers. The more funds of gamblers, the higher chance of the gambling sites to earn money.  Smiley


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March 04, 2024, 05:43:51 PM
 #238

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

        -    Well, if I go by your story, you kind of show that you get greedy when you get lucky or win when you gamble in a casino. Think about it: if you know you're going to win, then you bet on your winning price because you expect that if you win, you'll get a lot of money.
It is impossible for anyone to know the game that he would win, if not that person will use a big amount to stake so that he can win big. What I want to say is that we shouldn't be more focus on winning, if not we might forget that gamble is a game of luck, and not by our skill which makes winning to become hard.

The best thing to do is that, when you have won, you can quit the game and relax, so that you don't continue gambling and lose all the money back to the casino. This is because we cannot just keep on winning, instead we would win once in a while and lose more. This is why one should use the amount that will not affect you emotionally to gamble, so that when you run at loss, you wouldn't be disturbed or feel bad towards gambling. Know when to quit, and know the amount that you can afford to lose, to make you enjoy the fun in gambling and live healthy.

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March 04, 2024, 06:09:49 PM
 #239

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 management is very important think how to control or manage well with fund allocated for betting, some gambler have limitation with how much money deposit in gambling account and not excited to redeposit fund when get loss in gambling.
Depend get big win or big losses is not really important yet during have limitation with much maximum fund using for deposit and get limitation amount for withdrawing if can get chance big win.
Its good way with your money management in betting, firstly secure your capital by withdrawing it and use the profitable earn for betting but I think you can stop awhile and withdrawing all your fund after raising bigger winning in gambling then come back tomorrow.
Managing your finances and setting boundaries on how much you're ready to spend is a vital aspect of responsible gambling. Having a clear plan for how you will manage your money will help you avoid getting caught up in the present and making rash choices. Taking breaks from gambling might also help prevent addiction. It gives you time to reflect on your behavior and make sure you're not getting in over your head. .

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March 04, 2024, 09:52:04 PM
 #240

I don’t know if there are online gambling platforms which offer tools to set deposit limits and there are then a gambler should take advantage of this feature to restrict the amount of money he can deposit into his gambling account within a certain time frame. It is important also for a gambler to withdraw a portion of his profits When he has a winning streak to secure his gains. This ensures that the gambler doesn't gamble away all his winnings.
Casino is just casino, not bank. Online gambling platforms commonly offer tools such as deposit limits to promote responsible gambling behavior. These tools allow users to set restrictions on the amount of money they can deposit into their accounts within a specified period. I think online gambling platforms arent willing to take a risk on big deposits of their users, this is why limit is impostant. By utilizing these features, gamblers can effectively manage their spending and minimize the risk of overspending or developing gambling-related issues.

Withdrawing a portion of winnings during a winning streak is a prudent practice to safeguard profits. Gambling outcomes are inherently unpredictable, and a winning streak can quickly turn into a losing one. By withdrawing some winnings, gamblers ensure that they secure a portion of their profits regardless of future outcomes. This approach promotes financial discipline and helps prevent the temptation to gamble away all winnings impulsively. Leveraging deposit limits and withdrawing profits during winning streaks are integral components of responsible gambling behavior.
Unfortunately this is very difficult for the average gambler to do, and this is because once they are experimenting a winning streak they believe this is the opportunity they were waiting for and they do not want to let it go, so instead of choosing the most prudent path of action which is to withdraw part of their profits, what they do is to increase the size of their bet with the intention of maximizing the profits they could obtain, a move that often backfires and makes them to lose money instead.

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...Next Generation Crypto Casino...
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