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Author Topic: Gambling Management  (Read 3162 times)
terrific
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February 12, 2024, 10:54:45 AM
 #141

but there is a better solution in my opinion, play without haste and place your bets consistently, I mean don't add or subtract 1% of your total capital, if If you have won 100% of your capital, you should withdraw it and come back the next day
Just withdraw whatever is necessary as your profit so that it won't be taken back if ever you ran out of luck.
Many gamblers find that problem the same and don't want to manage their wins properly. They're okay to lose it back and then recover on that state where in fact that they're on the better situation before and can freely take that profit out of small percentage as they started.


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February 12, 2024, 01:47:46 PM
 #142

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
Whenever I get lucky via gambling I keep some part of the money for weeks long of gambling without taking money from my pocket, your winnings can come in handy if you prefer to keep gambling for a long period of time.

There is nothing that has a better feeling using free money to gamble, the calmness that you are using part of your winning to gamble for weeks is the best for me, unlike many gamblers that spend every penny out of gambling and later come back to hoping to get a fresh amount of money via gambling.

Know how to manage your wins, use some for better courses in your life and use some for further gambling activities, if you win a thousand dollars you already have enough for few month gambling if all you risk per week is around $10 or $20.

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Inwestour
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February 12, 2024, 02:08:10 PM
 #143


Whenever I get lucky via gambling I keep some part of the money for weeks long of gambling without taking money from my pocket, your winnings can come in handy if you prefer to keep gambling for a long period of time.

There is nothing that has a better feeling using free money to gamble, the calmness that you are using part of your winning to gamble for weeks is the best for me, unlike many gamblers that spend every penny out of gambling and later come back to hoping to get a fresh amount of money via gambling.

Know how to manage your wins, use some for better courses in your life and use some for further gambling activities, if you win a thousand dollars you already have enough for few month gambling if all you risk per week is around $10 or $20.
If your weekly budget is $10 or $20, then I will say that winning a thousand will not be easy for you. But regardless of the size of the winnings, the player must comply with risk management, the gaming budget is distributed into equal parts in a suitable ratio for the player, but the one-time bet should not exceed the percentage that the player determines for himself, say no more than 5%. In this case, the player will not have the chance to lose everything in one bet, this is what will increase his chances of winning.
EarnOnVictor
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February 12, 2024, 03:11:57 PM
 #144

but there is a better solution in my opinion, play without haste and place your bets consistently, I mean don't add or subtract 1% of your total capital, if If you have won 100% of your capital, you should withdraw it and come back the next day
Just withdraw whatever is necessary as your profit so that it won't be taken back if ever you ran out of luck.
Many gamblers find that problem the same and don't want to manage their wins properly. They're okay to lose it back and then recover on that state where in fact that they're on the better situation before and can freely take that profit out of small percentage as they started.
What I can preach here is the right/proper management, and not fear as you make it look. With what you said, I see the iota of fear in it, it doesn't have to be like that, gambling should be taken as friendly as anything, and as we know, all we do in gambling is never by force, they are by choice, so it will be so lovely if we treat it that way but also be smart in our decisions, instead of being fearful to always be withdrawing our money from our gambling account simply because we win a bet.

That could only mean that the psychology of gambling of such a person is still not balanced, and even if he is successful in withdrawing money today, won't he continue to gamble later? And even if he withdrew not all the money and later lost the remaining in his account, won't he deposit afterwards to continue gambling? All these have to be put into consideration so that we do not believe in that temporary decision that seems to save our heads but the consistency of it. This is unless we do not want to ever gamble again. Are you getting this?

I do not see the fast withdrawal orchestrated by a single win as a thing that a true gambler would do. Gambling is beyond that, it has to be consistent even as the management alongside it be consistent as well. It is those who lack the right mental state of gambling and management that will panic about both losses and winnings. If you plan your gambling well, including the budget therein, your losses can't mean your account is ruined, and your winning can't be the last, so why hurry?

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February 12, 2024, 03:28:06 PM
 #145


Just withdraw whatever is necessary as your profit so that it won't be taken back if ever you ran out of luck.
Many gamblers find that problem the same and don't want to manage their wins properly. They're okay to lose it back and then recover on that state where in fact that they're on the better situation before and can freely take that profit out of small percentage as they started.

When the money was increased from the capital the gamblers should withdraw the funds immediately,but they do fail if the withdrawal of the funds leads to the loss of entire capital in the next games.The luck will not prevail with you all the time,the luck may reversed and the prediction also fails sometime.So the better way to make the smiling in the gambling only by doing the withdrawal of money after the winning from the gambling site.The losing should be considered as the lesson to the gamblers.If they get adopted to the losing then it will be the big problem for the gamblers in future.They need to change the game approach towards the game.Because playing game with same strategy after it loss the funds,then you won’t recover money.

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February 12, 2024, 03:49:53 PM
 #146

We all know that gambling can be fun, but sometimes that "win just one more" feeling turns into a "whoops, I lost everything" nightmare. Let's be real, greed ain't cute, especially when it comes to gambling. Winning big is awesome, but chasing that high forever ain't sustainable. Take your loot and celebrate, don't be tempted to throw it all back in the pot.

Setting a budget and sticking to it is like having a financial superpower. Imagine, you can gamble without the fear of waking up broke! Sounds pretty sweet, right? It ain't easy, but anyone who can manage their pizza budget can manage their gambling budget. Just allocate some dough for fun, stick to it, and roll with the punches – win or lose.

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February 12, 2024, 04:39:12 PM
 #147

We all know that gambling can be fun, but sometimes that "win just one more" feeling turns into a "whoops, I lost everything" nightmare. Let's be real, greed ain't cute, especially when it comes to gambling. Winning big is awesome, but chasing that high forever ain't sustainable. Take your loot and celebrate, don't be tempted to throw it all back in the pot.

Setting a budget and sticking to it is like having a financial superpower. Imagine, you can gamble without the fear of waking up broke! Sounds pretty sweet, right? It ain't easy, but anyone who can manage their pizza budget can manage their gambling budget. Just allocate some dough for fun, stick to it, and roll with the punches – win or lose.

Agree with you, greed is at the heart of all losses. Withdraw the winnings and enjoy the money for fun, that's the best way I know. Continuing to play when we are already winning will usually make us lose everything. However, many people make the same mistakes over and over again, which is common in gambling. Maybe it's because human nature is never satisfied, so controlling greed is not an easy thing to do

But I like the way you illustrated it. So divide the dough into small pieces and don't let it run out

JOLLYGOOD DT TRUST ABUSE
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February 12, 2024, 04:46:03 PM
 #148

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

If you are still asking for a suggestion from another gambler, you are doing it wrong bro. Everyone looks for a better strategy. The thing you have mentioned in the OP is just money management. It's important in real life as well. Not only on Gambling. You should never place a maximum bet. No matter what is the chance of a win. I remember losing three or more bets in a row with a 97% win chance. It's easy to get 5 loss bets in a row with a 90+% win chance. So, you never know what is coming up. I would say, build up your own strategy and never rely on others' strategy.
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February 12, 2024, 04:48:38 PM
 #149

Agree with you, greed is at the heart of all losses. Withdraw the winnings and enjoy the money for fun, that's the best way I know. Continuing to play when we are already winning will usually make us lose everything. However, many people make the same mistakes over and over again, which is common in gambling. Maybe it's because human nature is never satisfied, so controlling greed is not an easy thing to do

But I like the way you illustrated it. So divide the dough into small pieces and don't let it run out
It is difficult to control greed because humans are more dissatisfied than stopping from big wins, remember when a big win happens they usually forget about withdrawals to enjoy the fun but their mindset is too much hallucination when the winning situation is that the bet must be increased again, this of course leads to defeat.

This is only a handful of people, but I believe there are still many gamblers who can control their greed.

Yes, it's a good illustration, but still use as little money as possible in gambling to avoid bankruptcy.

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February 12, 2024, 04:57:46 PM
 #150


If you are still asking for a suggestion from another gambler, you are doing it wrong bro. Everyone looks for a better strategy. The thing you have mentioned in the OP is just money management. It's important in real life as well. Not only on Gambling. You should never place a maximum bet. No matter what is the chance of a win. I remember losing three or more bets in a row with a 97% win chance. It's easy to get 5 loss bets in a row with a 90+% win chance. So, you never know what is coming up. I would say, build up your own strategy and never rely on others' strategy.

The suggestion giving by other gamblers are based on their opinion one yourself.if the suggestion giving person is more friendly to you,they will guide you in a good way.If the suggestions giving gamblers had any negative opinion on you will leads to a negative opinion towards yourself.The gambling was the risky game already the wrong direction towards the game will make you to loss more money compared to the normal loss in the gambling site.The gamblers who do the random betting in the gambling site will get the probability of losing funds with 70-80% of their capital.Analyse the game and each betting should be more unique to make huge money.

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February 12, 2024, 05:11:02 PM
 #151

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.

Why not deal with gambling like your business? In business, you never blindly spend money and always know what you are doing and how much money you are spending. The same should be the case when you are involved in gambling. Money management is the only thing that we need to focus on while gambling, rest nothing is in our control, but most gamblers give zero importance to money management.

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, you can choose any strategy that suits best for you, the only thing you need to ensure that you do not risk too much and your risk level and exposure in each game should be minimal.
I do not understand that in every walk of life, we know that discipline is the key to success but when we talk about gambling, we least care about planning and discipline. People need to change this mindset for a better gambling experience.

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February 12, 2024, 05:33:11 PM
 #152

When talking about good gambling management, this is not talking about how many and big wins we get from the gambling we do. but about how capable we are of minimizing the level of losses experienced and also preventing the negative impacts of gambling itself. Behind the pleasure we get when gambling, gambling is an activity that carries a fairly high risk of financial loss, and other things such as addiction as well as the domino effect of gambling addiction itself. And therefore, it is very important to continue to monitor these activities well and always apply budget limits and playing time. And by doing this, it is hoped that we can avoid everything that is a negative impact of gambling.

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Oilacris
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February 12, 2024, 05:55:21 PM
 #153

When talking about good gambling management, this is not talking about how many and big wins we get from the gambling we do. but about how capable we are of minimizing the level of losses experienced and also preventing the negative impacts of gambling itself. Behind the pleasure we get when gambling, gambling is an activity that carries a fairly high risk of financial loss, and other things such as addiction as well as the domino effect of gambling addiction itself. And therefore, it is very important to continue to monitor these activities well and always apply budget limits and playing time. And by doing this, it is hoped that we can avoid everything that is a negative impact of gambling.
Management would really be crucial into the following;

1. Fund
2. Emotion
3. Mindset

Once you do have that kind of control then you would really be definitely be able to make yourself having that
advantage since you could be able to handle yourself within gambling on where most people do really fail on doing so. This is why
it would really be that best that you should really know on what you should really be that doing because once you do have those
kind of mindset and thinking about getting rich with gambling then its a different thing i should say.
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February 12, 2024, 06:17:35 PM
 #154

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

How about using a semi reverse martingale system, for example:
You start with $100, place a single bet $25 on the odds 1.8x, if it win = $45
Place another single bet with the $45 on the odds 1.7x, if it win = $76.5, then place another bet with the $76.5 on the odds 1.7x and if it win again = $130.05 then stop or start again with $25 bet.

And every time you lost the bet, always back with $25 bet again. Some people with bigger bet amount prefer to stop after 2 wins in a row, its up to you.
With this way you will be only focus with 1 game per session, its far more better than placing a few single-bets + parlay all together.

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February 12, 2024, 07:14:27 PM
 #155

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
I remember reading the same strategy in the past. The profits he earned will be used for gambling purposes. The initial capital will be put into safety by withdrawing it. If he wants to continue playing, he should only use the money left in his wallet. This way, he won't consider it a loss. But I think, a better strategy would be to increase the amount in the wallet first and then withdraw some profits along with the initial capital. This way, you can earn some money before putting your money into safety and continuing gambling.

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February 12, 2024, 07:24:58 PM
 #156

How about using a semi reverse martingale system, for example:
You start with $100, place a single bet $25 on the odds 1.8x, if it win = $45
Place another single bet with the $45 on the odds 1.7x, if it win = $76.5, then place another bet with the $76.5 on the odds 1.7x and if it win again = $130.05 then stop or start again with $25 bet.

And every time you lost the bet, always back with $25 bet again. Some people with bigger bet amount prefer to stop after 2 wins in a row, its up to you.
With this way you will be only focus with 1 game per session, its far more better than placing a few single-bets + parlay all together.


This sounds nice and good. Yes, compared to multi-bet, the single-bet method with semi reverse martingale is more convincing. Moreover, this system is used for matches where we clearly know that the club is capable of winning the match 80% of the time.

Maybe I can do this in the next bet. Thank you for the advice

I remember reading the same strategy in the past. The profits he earned will be used for gambling purposes. The initial capital will be put into safety by withdrawing it. If he wants to continue playing, he should only use the money left in his wallet. This way, he won't consider it a loss. But I think, a better strategy would be to increase the amount in the wallet first and then withdraw some profits along with the initial capital. This way, you can earn some money before putting your money into safety and continuing gambling.

I'm sure I've done that, but because I'm human, there will definitely be temptation, especially when it comes to gambling, what we have planned may not go smoothly. If we leave profit funds and capital funds still stored in the gambling wallet, there will be a possibility of using all the funds to place bets because we are tempted. I'm sure of it.

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bitvalak
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February 12, 2024, 07:33:40 PM
 #157

The changes you made were right, using the winnings to bet again and saving your initial capital in the hope that it won't be eroded by the game.
If you can do this more often, you might see your balance grow. Even though it's not significant, it's better than losing all your balance in just a few short games.
What I did was more or less like that, my money didn't grow very fast but at least I could play longer that way.

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February 12, 2024, 08:02:24 PM
 #158

Is this strategy effective for you? If it helps you to avoid losses, it is a good strategy. Or if you withdraw your initial money, are you losing the game if you use your profit to gamble? One time I tried this, but I ended up losing all my profits in the end. Personally, I prefer to keep my initial money in my wallet and if I continue the game, I limit my betting amount until my balance reaches my initial money.

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South Park
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February 12, 2024, 08:28:25 PM
 #159

Is this strategy effective for you? If it helps you to avoid losses, it is a good strategy. Or if you withdraw your initial money, are you losing the game if you use your profit to gamble? One time I tried this, but I ended up losing all my profits in the end. Personally, I prefer to keep my initial money in my wallet and if I continue the game, I limit my betting amount until my balance reaches my initial money.
It is a widely known fact that no matter how you decide to administer your capital, since the EV is negative then you will lose money against the casino, so the strategy proposed by the OP is only effective for those which can use a strategy to help them beat the odds already, while for the rest of us this is not possible, as even if you got lucky once in a while, eventually the profits you got will disappear and you will have to make a new deposit.

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February 12, 2024, 09:13:57 PM
 #160

Oftentimes I reserve my Initial betting money if am lucky enough to win the first set of bets and use the profit just as the op said to continue gambling. And sometimes after doing this, I just reserve the money for gambling another day while I use my profit to catch as much fun that I can  enjoy in the games. If your sole purpose of gambling without expecting the money to be the source of your living then this strategy will work just fine for you. Excepts maybe, along the way you get too greedy to just use everything both the profit and the initial money for gambling to just without any reserve.
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