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Author Topic: Gambling Management  (Read 3853 times)
nara1892
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April 23, 2024, 07:10:55 PM
 #361

For me, when it comes to distributing funds, I prefer to set aside some so I can still play, while I just withdraw the winnings straight away.

This is what many should do, in fact the best advice that can be given to any player, novice, expert, is to take these things into account, because a player Obviously has to do everything possible to be able to have fun and win, no matter what. Sometimes when you play and win a lot of money, many players leave their money in the casino, as if they wanted to see it there, but that is a Double-edged sword


This is indeed a problem for most gamblers. they are unable to leave the game even though they have won. because the gambler who wins and can have fun with his gambling winnings is by getting out there and taking away the winnings, no matter how small.

there are many more and that includes me too. When the balance has increased, even if it's a little, I still leave it there and then withdraw when it's enough. This is the reason why the balance instead of increasing, actually runs out because when you play and lose, you think you can still continue with the existing balance. Therefore, I actually wrote this to advise myself not to fall into something like that.

Yes, that's right, which means that most gamblers always have difficulty ignoring the aspect of greed in themselves, they place excessive hopes on winning so that when they succeed in winning, what is usually on their minds is trying to continue the session even though they have actually succeeded in winning and they think that it is the right situation to take advantage of, where they think it is a good luck situation to increase the number of wins, even though it is clear that however we will never know how long luck will last, and in the end in some cases the session ends with regret because it turns out they again lost all the wins they had previously obtained and this is the bad impact of greed.

But it is clear that these actions will only be carried out by those gamblers who come with the intention of making a profit whose gambling involvement is not based on a proper understanding regarding gambling, because I am sure that if they are responsible gamblers in the sense that they have the correct understanding and If they know about the risks involved in gambling, they will definitely prefer to cash out rather than continue playing. On the other hand, I like your confession here, it's no problem to always be open, friend, because if you are open, maybe there will be some people here who will provide a solution that suits what you need and from me the point is that you have to be really aware that Gambling is risky and no matter if you are winning, the possibility of losing is still a certainty, therefore it is better to take advantage of the time to cash out as soon as possible before it is too late and you regret it.

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April 23, 2024, 08:05:56 PM
 #362

Yes, that's right, which means that most gamblers always have difficulty ignoring the aspect of greed in themselves, they place excessive hopes on winning so that when they succeed in winning, what is usually on their minds is trying to continue the session even though they have actually succeeded in winning and they think that it is the right situation to take advantage of, where they think it is a good luck situation to increase the number of wins, even though it is clear that however we will never know how long luck will last, and in the end in some cases the session ends with regret because it turns out they again lost all the wins they had previously obtained and this is the bad impact of greed.

That's true , most gamblers don't know when to call it a day or just go with the little that have won than to lose it all. Most gamblers whenever they are winning by any chances, always tend to want more which is a signs of greed which most time may lead to alot of losses . Though he may not be easy to go against such emotion in such situation but still we just have to try and control it to avoid further losses by having a good emotional management. Smiley

Play for fun and just make use of the amount that you can afford to lose then you wont really be stressing yourself on what are the things that you would really be that needing to mind on.
It all matters on how well you would really be making out such decision making on the time that you are really that dealing with gambling

Play for fun and take any wins you make as an extra bonus ,most People have this mindset of taking gambling as a form of getting rich quick ( though with hitting the a huge jackpot ones live may change for the better) , but Still having such mindset may lead to the opposite. So this best is to always gamble with what you can afford to lose and always try to enjoy the game instead, than to be  tensed  using cash that are relevant or you can't afford to lose.

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April 24, 2024, 11:47:12 AM
 #363

Usually, I tend to lose what I have left behind for playing a bit more, but sometimes, I do manage to win something more with it and then I withdraw those as well if I don't lose it back because why not? Get as much as you can from gambling because it doesn't give you money all the time.

Of course, a person's luck factors are different, they will not be the same as each other. However, in general, many gamblers experience defeat. The most basic thing is the greed factor that appears in him. When that occurs, a person tends not to be able to organize his thoughts so he continues to place bets without any thought of securing the victory he has obtained.

when the winnings were finished, he realized that his game was too ambitious to get more wins. So before that happens, it's a good idea to withdraw your winnings first, so that when bad luck comes, at least we don't lose everything.


~snip~

in the end in some cases the session ends with regret because it turns out they again lost all the wins they had previously obtained and this is the bad impact of greed.

But it is clear that these actions will only be carried out by those gamblers who come with the intention of making a profit whose gambling involvement is not based on a proper understanding regarding gambling, because I am sure that if they are responsible gamblers in the sense that they have the correct understanding and If they know about the risks involved in gambling, they will definitely prefer to cash out rather than continue playing.

every gambler will definitely come to the casino with the hope of winning. but the problem is that when they have won, they actually want to win even more. that is why defeat will come to him more often, because luck will not come continuously.

Greed will continue to emerge if when playing we don't have a game target. for example, when visiting a casino we also have to have a target of how much to go when we lose, and also what number to go to when we win.

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April 24, 2024, 08:01:27 PM
 #364

Yes, that's right, which means that most gamblers always have difficulty ignoring the aspect of greed in themselves, they place excessive hopes on winning so that when they succeed in winning, what is usually on their minds is trying to continue the session even though they have actually succeeded in winning and they think that it is the right situation to take advantage of, where they think it is a good luck situation to increase the number of wins, even though it is clear that however we will never know how long luck will last, and in the end in some cases the session ends with regret because it turns out they again lost all the wins they had previously obtained and this is the bad impact of greed.

That's true , most gamblers don't know when to call it a day or just go with the little that have won than to lose it all. Most gamblers whenever they are winning by any chances, always tend to want more which is a signs of greed which most time may lead to alot of losses . Though he may not be easy to go against such emotion in such situation but still we just have to try and control it to avoid further losses by having a good emotional management. Smiley

One of the things that I believe about why they can experience something like that is that it is very likely that they are too excessive in responding or responding to the winnings that they managed to get so that excitement dominates and the level of awareness decreases which in the end makes them seem to ignore the possible risks that exist in gambling. where it is clear that it can never be completely avoided, this is a situation where they will not even hesitate to take the decision to continue the session with the intention and aim of increasing the number of wins where basically no one knows whether they will win again or vice versa. based on greed.

Dissatisfaction with the amount of winnings they managed to get previously makes them think about continuing their gambling sessions, and maybe I would say that usually they are typical gamblers who don't really understand the possibility of risks that can never be completely avoided, they don't know the concept of gambling. about winning and losing, where whatever the name of winning is always nothing more than just a "chance", so it's only natural that for example it turns out that in the second try they don't succeed and instead lose everything, and this is why we are always advised to be smart gamblers by have the ability to cash out at the right time, eliminate curiosity and dissatisfaction if you want to enjoy the results of the winnings. Wink

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April 24, 2024, 08:59:37 PM
 #365

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

Bank roll management only really works if you are making a profit on a regular basis, otherwise you're just figuring out how fast or slow you want all your money to disappear. Poker players talking about bankroll management have a proper strategy in mind, they are calculating and know that natural variance may make them run bad for a long amount of time. If you're talking about making your money last over a session, then it's simple - if you have $200 and want to stretch it over the weekend, put $100 on Saturday and $100 on Sunday. When, not if, you run down your Saturday playing money - go do something else. If you want to make it last longer, then drop down to smaller size bets, that's the best you can hope to achieve.

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April 24, 2024, 09:55:03 PM
 #366

For me, when it comes to distributing funds, I prefer to set aside some so I can still play, while I just withdraw the winnings straight away.

This is what many should do, in fact the best advice that can be given to any player, novice, expert, is to take these things into account, because a player Obviously has to do everything possible to be able to have fun and win, no matter what. Sometimes when you play and win a lot of money, many players leave their money in the casino, as if they wanted to see it there, but that is a Double-edged sword


This is indeed a problem for most gamblers. they are unable to leave the game even though they have won. because the gambler who wins and can have fun with his gambling winnings is by getting out there and taking away the winnings, no matter how small.

there are many more and that includes me too. When the balance has increased, even if it's a little, I still leave it there and then withdraw when it's enough. This is the reason why the balance instead of increasing, actually runs out because when you play and lose, you think you can still continue with the existing balance. Therefore, I actually wrote this to advise myself not to fall into something like that.
I understand, I know that when it is like that it is when you mean that you have to save until the minimum withdrawal is of course that is something else, what happened is that I say it from the point of view that sometimes one has the temptation there , you may have won 8 dollars, but let's say that to withdraw you have to do it with a minimum of 12 dollars, then when that's the case things can hold up a little, but if you play, you still want to play. something else and you start to have that money, there I say, there is the risk, but that has to do with the type of person he is, if he is someone who can handle that then everything is fine, but I have seen that there are many operators who can't stand temptation.

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April 25, 2024, 12:02:56 AM
 #367


This is indeed a problem for most gamblers. they are unable to leave the game even though they have won. because the gambler who wins and can have fun with his gambling winnings is by getting out there and taking away the winnings, no matter how small.

there are many more and that includes me too. When the balance has increased, even if it's a little, I still leave it there and then withdraw when it's enough. This is the reason why the balance instead of increasing, actually runs out because when you play and lose, you think you can still continue with the existing balance. Therefore, I actually wrote this to advise myself not to fall into something like that.
I understand, I know that when it is like that it is when you mean that you have to save until the minimum withdrawal is of course that is something else, what happened is that I say it from the point of view that sometimes one has the temptation there , you may have won 8 dollars, but let's say that to withdraw you have to do it with a minimum of 12 dollars, then when that's the case things can hold up a little, but if you play, you still want to play. something else and you start to have that money, there I say, there is the risk, but that has to do with the type of person he is, if he is someone who can handle that then everything is fine, but I have seen that there are many operators who can't stand temptation.

Basically, it's really not easy to stop yourself from ignoring various things that look tempting in gambling, no matter what the situation is because you win or lose, curiosity will always arise whether you are winning or losing, but from both situations Usually when you win you will feel more addicted because you want to get a bigger amount.

On the other hand, I think only people who have a true and correct understanding of gambling can overcome this problem or its meaning can have the possibility to ignore the temptations that look tempting that exist in gambling, because most of what has been proven is that they actually increase the bet amount or even continue the game with higher confidence and hope. The fact is that gambling will continue to look tempting if you are still in the session, which is why it is always advisable to know when to stop.

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April 25, 2024, 04:40:52 AM
 #368

For me, when it comes to distributing funds, I prefer to set aside some so I can still play, while I just withdraw the winnings straight away.
This is what many should do, in fact the best advice that can be given to any player, novice, expert, is to take these things into account, because a player Obviously has to do everything possible to be able to have fun and win, no matter what. Sometimes when you play and win a lot of money, many players leave their money in the casino, as if they wanted to see it there, but that is a Double-edged sword, because they see that they have enough money there to be able to risk any game and that little by little You will spend and spend, so to not have that temptation there it is better to withdraw that money, and if you want to play, then you make a controlled deposit, it is better. Be careful than getting excited playing and destroying the money you have in mind, I think things Should be seen that way.

This is good management for gambler finances, they will not lose large amounts of money when they lose and will not lose what they have won because they immediately withdraw it and can enjoy the winnings or use the winnings for more positive things such as additional investment capital.
But there is one thing I will say regarding this kind of attitude, to be honest I quite skeptical of gamblers because they often do things that are different from what they think or what they say.
It is not easy to limit or set aside the money that will be used for gambling and it is not easy to stop when win and immediately withdraw the winning amount.
Human attitudes are greedy and emotional, this is big influence on the failure of gambler to have the right attitude and good mindset, it is not surprising if gamblers experience big losses and also lose the money they have won.

But all of this can be started by learning to apply it slowly, it just that really need self-awareness to be able to apply all of this and not all gamblers can do it.

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April 25, 2024, 05:06:21 AM
 #369

Quote from: Apocollapse
First, when you receive your monthly salary, only use 1%-10% or any amount you can afford to lose for gambling.
only use what you can afford to lose in gambling, so that when you lose you will not feel bad at the moment that something big has left your account like the way some people use to feel bad when they lose money.
Don't use up to 10% because for me that's quite high already. 1%-5% is fine but when you go more than that then that's sort of alarming honestly.
You dont have to worry yourself about any amount each person decides to use in gambling. You know most people have lesser responsibility and have a higher paying job that can sustain them in feeding, savings and other things. Using 1-%10 may not be a big deal. a person receiving $1000 in a month might decide to use %10 of it, which is $100 for gambling a month. he may decide to split it into 4 places like $25 every week multiply by 4weeks. If the %25 alocation of each week is exhausted, he must wait till next week to continue with another %25 till he completes the %100 percent in a month, that will help him regulate his gambling management.

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April 25, 2024, 04:53:58 PM
 #370


But it is clear that these actions will only be carried out by those gamblers who come with the intention of making a profit whose gambling involvement is not based on a proper understanding regarding gambling, because I am sure that if they are responsible gamblers in the sense that they have the correct understanding and If they know about the risks involved in gambling, they will definitely prefer to cash out rather than continue playing. On the other hand, I like your confession here, it's no problem to always be open, friend, because if you are open, maybe there will be some people here who will provide a solution that suits what you need and from me the point is that you have to be really aware that Gambling is risky and no matter if you are winning, the possibility of losing is still a certainty, therefore it is better to take advantage of the time to cash out as soon as possible before it is too late and you regret it.

Well, personally I have always said something, a person who is focused on doing things more towards emotions can suffer many disappointments, but I believe that everything is in control of everything, for us to be able to have a good attitude towards casinos is to be positive, Of course, positivity should not be confused with being triumphalist, it is good that we believe that we can have some victories in the casino, but basically when it comes to doing something better we must focus more on our own benefit, which is money, that is, if I have a lot of money, I still have to allocate little money to play, because if I put a lot of money I am going to lose it, and most likely the sense of emotions is something that I cannot stop, that is why I have often said that the best thing is control money before emotions, and above all what you say is very true, possibilities are not really a certainty+

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April 25, 2024, 04:58:22 PM
 #371

You dont have to worry yourself about any amount each person decides to use in gambling. You know most people have lesser responsibility and have a higher paying job that can sustain them in feeding, savings and other things. Using 1-%10 may not be a big deal. a person receiving $1000 in a month might decide to use %10 of it, which is $100 for gambling a month. he may decide to split it into 4 places like $25 every week multiply by 4weeks. If the %25 alocation of each week is exhausted, he must wait till next week to continue with another %25 till he completes the %100 percent in a month, that will help him regulate his gambling management.

Yeah right, I usually dedicate more percentage of my salary on my gambling if I don’t have any plans to do a big purchase for the month while I decrease my gambling allocation when I have expected huge expenses upcoming for the month.

The percentage figure depends on the liabilities of the person that consume most of his salary. On my case I don’t have much fixed expenses monthly while I only spend my salary on my own so I literally can do whatever I want to my salary without considering the percentage but I choose to set limit just for my safety.

Having savings and insurance are helpful for future expenses instead of using the majority of salary on gambling.  Cheesy

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April 25, 2024, 05:43:15 PM
 #372

You dont have to worry yourself about any amount each person decides to use in gambling. You know most people have lesser responsibility and have a higher paying job that can sustain them in feeding, savings and other things. Using 1-%10 may not be a big deal. a person receiving $1000 in a month might decide to use %10 of it, which is $100 for gambling a month. he may decide to split it into 4 places like $25 every week multiply by 4weeks. If the %25 alocation of each week is exhausted, he must wait till next week to continue with another %25 till he completes the %100 percent in a month, that will help him regulate his gambling management.

Yeah right, I usually dedicate more percentage of my salary on my gambling if I don’t have any plans to do a big purchase for the month while I decrease my gambling allocation when I have expected huge expenses upcoming for the month.

The percentage figure depends on the liabilities of the person that consume most of his salary. On my case I don’t have much fixed expenses monthly while I only spend my salary on my own so I literally can do whatever I want to my salary without considering the percentage but I choose to set limit just for my safety.

Having savings and insurance are helpful for future expenses instead of using the majority of salary on gambling.  Cheesy
I think you are a person who can see the future well and can calculate how your financial risks in the future, so the percentage of the gambling budget can increase and decrease depending on how you see your future, that's good friend.

The two strategies described here although they look the same but have different ways of working because both have set limits for each step taken in financial budgeting for gambling, I think this is much better than people who do not do financial management for their gambling activities it is like going to be like the OP experienced at the beginning of the OP has not felt the impact.

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April 25, 2024, 06:14:04 PM
 #373

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 think I understand what you are talking about. If you sometimes lose all your money and get into trouble because of it, then this is not a good sign.
I would recommend taking the amount of money that you can afford to use, the money that you can afford to lose, and dividing it into, for example, 10 parts or 20 parts, depending on the amount you get. And place one bet on no more than one part. This way you will have several bets, some of which will work, and those that don’t will not cause you problems. Also, take a break when you have failed several times, this is important, because emotions can make even more mistakes. It is very important to use only money that you can easily part with, this is probably the most important advice from me

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April 25, 2024, 06:23:37 PM
 #374

Quote from: Apocollapse
First, when you receive your monthly salary, only use 1%-10% or any amount you can afford to lose for gambling.
only use what you can afford to lose in gambling, so that when you lose you will not feel bad at the moment that something big has left your account like the way some people use to feel bad when they lose money.
Don't use up to 10% because for me that's quite high already. 1%-5% is fine but when you go more than that then that's sort of alarming honestly.
You dont have to worry yourself about any amount each person decides to use in gambling. You know most people have lesser responsibility and have a higher paying job that can sustain them in feeding, savings and other things. Using 1-%10 may not be a big deal. a person receiving $1000 in a month might decide to use %10 of it, which is $100 for gambling a month. he may decide to split it into 4 places like $25 every week multiply by 4weeks. If the %25 alocation of each week is exhausted, he must wait till next week to continue with another %25 till he completes the %100 percent in a month, that will help him regulate his gambling management.

When we consider our financial capacity and family responsibilities, we may have to consider the amount we spend on gambling and the time as well given to it, these are what will determine how committed we are into gambling together with the nature of our work, we need to put in all efforts to make sure that we are able to make every necessary planning that will give the best and effective gambling management we desire to see and experience with each time we are gambling.
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April 25, 2024, 06:41:40 PM
 #375

Managing our funds can be hard if we're not willing to do it or when we have no plans of doing it. Those that have been in bad times whether in gambling or not and they've lost a lot of money, they are starting to see the importance of managing funds.

But if someone is not fond of it and yet a reckless gambler and will keep on doing it until he's got zero fund left, those are the type of gamblers that will learn things the harder way.

Management is not hard but if a person is responsible in carrying out all the necessary responsibilities of his family but if a person is a gambler then he will not think about family matters and money management but will continue his gambling to feel satisfied.

I think an addictive gambler never learns even after losing all the money he has but wants to find another source of money to continue his gambling habit. Money management is just for a responsible person otherwise addictive people never do good deeds in their life and saving money is very hard for them.



 

 

 

 

 

 


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April 25, 2024, 06:54:48 PM
 #376

Gambling is addictive, like drugs, alcool, and even screen time. 

You can seek help with professionnals. It's not to be weak to seek help, it's a way to be a stronger self. Consult before you lose everything.
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April 25, 2024, 07:25:33 PM
 #377

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
Not really too big a deal if you keep losing your funds when you gamble, the system is made to always drain you of your money anyway, to most of us it's just a matter of when, and not how. However, if you want to at least make sure that your money's worthwhile, meaning that it doesn't get caught up in the pockets of the casino before you even got a whiff of the cash, then you might wanna learn how to manage your gambling funds, with the easiest being learning how to min-max your losses via loss ratio-ing your stuff. Most of us here who have been able to crack the code to preserving our funds for a good amount of time set parameters for losing and winning that they follow religiously. You might wanna do that. And yeah, hold off on the all-ins.
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April 25, 2024, 07:28:42 PM
 #378

I think an addictive gambler never learns even after losing all the money he has but wants to find another source of money to continue his gambling habit. Money management is just for a responsible person otherwise addictive people never do good deeds in their life and saving money is very hard for them.
Some addicted gamblers learn with their mistakes and redeem the symptoms of addiction through psychological treatments, medicines or just through their willpower and focus on the objective of staying away from gambling. They are an inspiration for another gamblers facing the same problems, so they can also believe on themselves that the addiction can be reverted and a new life can be achieved. Probably everyone here have already seen those group therapies where many addicted people sit together in a circle once in a week sharing their personal experiences with everyone else.

I've seen positive feedbacks regards this kind of therapy, as it's helping many people to overcome addictive behaviors, besides the fact it's also a cheaper category of treatment, since it's done in group, instead of the traditional concept where there is therapist for each addicted individual. On the other hand, I can't say if there is a cure for addiction, or if it just enters in a 'hibernation' mode inside the unconscious of the individual...

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April 25, 2024, 08:42:35 PM
 #379


Some addicted gamblers learn with their mistakes and redeem the symptoms of addiction through psychological treatments, medicines or just through their willpower and focus on the objective of staying away from gambling. They are an inspiration for another gamblers facing the same problems, so they can also believe on themselves that the addiction can be reverted and a new life can be achieved. Probably everyone here have already seen those group therapies where many addicted people sit together in a circle once in a week sharing their personal experiences with everyone else.

I've seen positive feedbacks regards this kind of therapy, as it's helping many people to overcome addictive behaviors, besides the fact it's also a cheaper category of treatment, since it's done in group, instead of the traditional concept where there is therapist for each addicted individual. On the other hand, I can't say if there is a cure for addiction, or if it just enters in a 'hibernation' mode inside the unconscious of the individual...
Well, it depends on the individual, there are some people that are very stubborn or would I rather say foolish, they'll know that their gambling habit is getting out of control and when you try to help or correct them, they'll keep deaf ears or even try to make trouble  but an individual who is sensible would seek solutions thereby going to a psychologist, or take treatment to help them get back in shape, I've even seen people that would even uninstall the gambling app they use just to help control addiction.

 Asides gambling, going for therapy is a very good method of overcoming addiction, cause at that point you'll be able to discuss your problem and also get solutions as well, i think what every gambler who is an addict needs this therapy. Well a habit they say is easy to develop but hard to leave that's same things as an addiction, however this therapy might not work immediately but takes a gradual process to help individual get better.

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April 25, 2024, 08:44:19 PM
 #380

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

If you are planning on saving up some money any time you win a game, then you need to start practicing a habit of send out some portion of your wining into a different account and only keep the one that you can willingly spend on your next bet. After winning a bet, you can keep 40% of the money that was won and only spend 60%.

I have the habit of not spending the money I win right at that moment in that casino. If I am gambling with $3 and I win $50, I will not spend the money that day.
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