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Author Topic: Gambling mistake repeated by the gamblers  (Read 4648 times)
EarnOnVictor
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May 11, 2024, 07:12:10 PM
 #601

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Better to be in positive even if it's just a small amount of earnings, as the chance of losing always higher compared to your chance of winning, the fact that gambling always accompanied by risk and without good control of your emotions will continue to lead your way to lose all the money inside your wallet.

I actually think that another big mistake repeated by some gamblers all the time is thinking that their winnings are small with the bet they make and that they should increase their bet size. It's true that with 10x multiplier you'll win $200 if you bet $20 and you will win only $2 if you bet $0.20, but the thing is that you can quickly lose all your balance betting $20 at once and never hit that 10x, that's what must be kept in mind always.
Everyone dreams of winning more. there more greedy people are in gambling, the more dangerous they are. Greed and emotion push people into risky investments, including gambling. If someone bet $0.2 and win 10x he will get $2 but our emotions won't accept it our greed will push us to bet $20 as if we win $200 but we never think that these are losses.  If we do we lose $20 instantly. this is our main problem. So our main focus should be controlling our emotions and greed
It's like an inbuilt virus that runs through the veins of almost every human on earth and that's why it's very hard to be content sometimes with the winning that we have already gotten from gambling, instead the idea of doubling the first actual amount you intended in Winning to even bigger amounts. Sometimes the plan to win little amount will be the goal but the moment we achieve that the plan gets bigger again.
It could truly be likened to an inbuilt problem but the fact remains that it is still about our emotions and how we can retrain and caution ourselves in whatever we do. Gambling is not an exception here and the fact that it's risky and tempting at the same time is the reason why we should fight better. It keeps calling that we should bet no matter the plans we have, but the question that we should be asking ourselves is whether or not what we are doing is the right thing to do. And if the answer states that it is the right thing to do, then we should continue to strive to be in that line and not deviate, but if it is not the right thing to do, we should then avoid it at all costs and not change our minds due to emotion.

We all have to know that the best antidote to emotion has always been discipline, let's be disciplined in all we and also be so determined about it because merely stating that we want to be disciplined can't solve the issue but the determination that we are truly disciplined. That's the only way we can stick to our budget and plans as gamblers.

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May 12, 2024, 04:09:47 AM
 #602

Basically people who are addicted to tides never think about their family, if they think about their family they would never be able to gamble like this. If we consider how happy the lives of addicts are, we find that most addicts lead not healthy lives. can't  There are many families only because of this gambling addiction causing constant chaos in his family so if he thought about his family he would never have been so addicted to gambling. Gambling is an addiction somewhat like a terminal cancer with no cure. Once addicted to gambling, no matter how many words of advice you give him, he will never listen or obey you. I would say to every person who is so attracted to gambling by gambling that before getting addicted to the tide lamp, think about your own life, family happiness and peace and then get addicted.
That makes sense, indeed if they thought about the fate of their family maybe they wouldn't get addicted to spending a lot of money on gambling. because if they become addicted to gambling, it means they spend a lot of money on gambling, even though they have a family which of course needs a certain amount of money to survive. Even though it can be said that people who are addicted don't have time to support their families, I think when they have a certain amount of money, they seem to think about their families too, who are the people closest to them. Also, many people are addicted to gambling, their relationship with their family becomes a little strained.
with those who have become addicted to gambling, of course they will not easily be able to accept advice from other people, even those closest to them, because when they become addicted to gambling they will only focus on gambling, which is what they think, the mistake that I think they often make is to forcing themselves too hard to continue gambling while they ignore the big risks and impacts that can occur when they are addicted to gambling.
There are also thousands of families that have a gambling addiction member for whom only they know the consequences of having this gambling addiction member. But once they get money from gambling, their tendency to gamble doubles. They then gamble for double the money, only to see him lose the double money budget and return home empty-handed. There are also families whose families are completely destroyed just because of this joy addiction. People who are mainly addicted to gambling never think about their family. If they think about their family, they never gamble until they are in debt. So everyone should refrain from this kind of gambling so that they can live a fair and normal life like 10 other people.

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May 12, 2024, 04:56:55 AM
 #603

The mistake of being greedy is because of the fact that some gamblers are bad losers, they want to chase losses and they want to get their money back, that's the only way to get your money back which is why they get greedy, they see a small win and see it as a signal that there's more to come and that they'd be able to make up all the money that they've lost in their whole session but they don't know that it's a trap and that it's not what it looks like because the math in gambling is heavily stacked against them which means that they're going to surely lose that small money that they've won a little while ago. Probably the biggest mistake of most gamblers is not knowing when to quit because if you do know how to quit, you'd probably be able to save your money and delay your financial ruin to the point that you would realize you're doing something wrong with your gambling.



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May 12, 2024, 05:15:00 AM
 #604

The mistake of being greedy is because of the fact that some gamblers are bad losers, they want to chase losses and they want to get their money back, that's the only way to get your money back which is why they get greedy, they see a small win and see it as a signal that there's more to come and that they'd be able to make up all the money that they've lost in their whole session but they don't know that it's a trap and that it's not what it looks like because the math in gambling is heavily stacked against them which means that they're going to surely lose that small money that they've won a little while ago. Probably the biggest mistake of most gamblers is not knowing when to quit because if you do know how to quit, you'd probably be able to save your money and delay your financial ruin to the point that you would realize you're doing something wrong with your gambling.
Actually, there are thoughts from gamblers regarding the small consecutive wins they get. Of course, it is related to satisfaction from the results won. The satisfaction of each gambler is different, we cannot see it as greed but some gamblers will only be satisfied and decide to play enough when they get a big win. So before getting this, they will continue the game even if the bet is a change from winning to losing. most won't stop betting until they get a satisfying win or their money runs out. This is a situation we often encounter.

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May 12, 2024, 06:10:57 AM
 #605

The mistake of being greedy is because of the fact that some gamblers are bad losers, they want to chase losses and they want to get their money back, that's the only way to get your money back which is why they get greedy, they see a small win and see it as a signal that there's more to come and that they'd be able to make up all the money that they've lost in their whole session but they don't know that it's a trap and that it's not what it looks like because the math in gambling is heavily stacked against them which means that they're going to surely lose that small money that they've won a little while ago. Probably the biggest mistake of most gamblers is not knowing when to quit because if you do know how to quit, you'd probably be able to save your money and delay your financial ruin to the point that you would realize you're doing something wrong with your gambling.

Trying to get what we lose back is natural, not only in gambling but also in other things such as business/investment. I believe 99% people in this world have this mindset when they lose some money then they will try to get it back. I will not say it is as a greed, the real greed is when we force ourselves for it and ignoring all other things at the same time. Knowing when to quit is a must but we should also know when to start/restart. It is to help us to manage our gambling habit, once we know how to manage it wisely, we will not ruin ourselves.

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May 12, 2024, 06:24:42 AM
 #606

The mistake of being greedy is because of the fact that some gamblers are bad losers, they want to chase losses and they want to get their money back, that's the only way to get your money back which is why they get greedy, they see a small win and see it as a signal that there's more to come and that they'd be able to make up all the money that they've lost in their whole session but they don't know that it's a trap and that it's not what it looks like because the math in gambling is heavily stacked against them which means that they're going to surely lose that small money that they've won a little while ago. Probably the biggest mistake of most gamblers is not knowing when to quit because if you do know how to quit, you'd probably be able to save your money and delay your financial ruin to the point that you would realize you're doing something wrong with your gambling.

Trying to get what we lose back is natural, not only in gambling but also in other things such as business/investment. I believe 99% people in this world have this mindset when they lose some money then they will try to get it back. I will not say it is as a greed, the real greed is when we force ourselves for it and ignoring all other things at the same time. Knowing when to quit is a must but we should also know when to start/restart. It is to help us to manage our gambling habit, once we know how to manage it wisely, we will not ruin ourselves.

There is no doubt, human tends to recover losses that is what make us human it's not necessary a greed issue but intelligent nature of human order animal may not but human do. Bitinity speak allot in my mind even unwise puzzle to see how he/she can recover loss this not tide down in gambling any thing that gives you pain when you losses it you must see in how to recover the loss, it's a matter of emotion and it has nothing to do with greed  it can only be considered greed when you know is not possible and you persist such situations has gone out of hand.

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May 12, 2024, 06:35:31 AM
 #607

That makes sense, indeed if they thought about the fate of their family maybe they wouldn't get addicted to spending a lot of money on gambling. because if they become addicted to gambling, it means they spend a lot of money on gambling, even though they have a family which of course needs a certain amount of money to survive. Even though it can be said that people who are addicted don't have time to support their families, I think when they have a certain amount of money, they seem to think about their families too, who are the people closest to them. Also, many people are addicted to gambling, their relationship with their family becomes a little strained.
with those who have become addicted to gambling, of course they will not easily be able to accept advice from other people, even those closest to them, because when they become addicted to gambling they will only focus on gambling, which is what they think, the mistake that I think they often make is to forcing themselves too hard to continue gambling while they ignore the big risks and impacts that can occur when they are addicted to gambling.
There are also thousands of families that have a gambling addiction member for whom only they know the consequences of having this gambling addiction member. But once they get money from gambling, their tendency to gamble doubles. They then gamble for double the money, only to see him lose the double money budget and return home empty-handed. There are also families whose families are completely destroyed just because of this joy addiction. People who are mainly addicted to gambling never think about their family. If they think about their family, they never gamble until they are in debt. So everyone should refrain from this kind of gambling so that they can live a fair and normal life like 10 other people.
It's not strange that this happens because the attraction of gambling is very strong so that when they win they want to get more than they already got. but with a clear result that might happen is losing the money back that they will get from gambling that they do when they don't cash in the winnings that they have obtained, after that they should go home with the winnings but by following the feeling of wanting to win more it actually makes them so lost and went home empty handed.
When they are addicted to gambling, it is likely that they will not care about what is around them, including their family or family relationships, because most likely they will only think about themselves with their desire to gamble, even if they don't have money, they will try to do it. things that can make money that can be used for gambling again. So it's not surprising that there are many gamblers who are in debt in their lives because they only want to gamble which they think can make them make a lot of money.

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May 12, 2024, 06:57:37 AM
 #608

~snip~
Actually, there are thoughts from gamblers regarding the small consecutive wins they get. Of course, it is related to satisfaction from the results won. The satisfaction of each gambler is different, we cannot see it as greed but some gamblers will only be satisfied and decide to play enough when they get a big win. So before getting this, they will continue the game even if the bet is a change from winning to losing. most won't stop betting until they get a satisfying win or their money runs out. This is a situation we often encounter.
Still it will be the beginning of an ambition that will cause problems in the long run, those who always strive for victory in the end will never be able to feel satisfaction.
A big win may be the main goal and can be used as motivation to keep trying to get it, but it needs to be underlined that not all gamblers will feel satisfied even though they have achieved their biggest goal, namely winning big.
They will feel like they should be able to get even bigger wins and they will only stop when they have experienced crash that completely drains all the money they have.
Things like this are mistakes that always happen, those who have no experience in the destruction caused by gambling will always do all that because they still feel they can do it.

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May 12, 2024, 07:20:12 AM
 #609

I like that statement, if you can just learn from someone's mistake then that's good for your finances but most of the time, instead of using those information due to greed and lack of understanding about gambling we also suffer with that same mistake and worse we keep on repeating that same mistake and we really lose a lot to the point that we become addicted.

It's always better to play with limitation, it's your hard earned money so better to take care of it and not to allow yourself to keep repeating then lose a lot.
Learning from other people will helps us to becomes wise gamblers because we will gets something that will gives us benefits while we playing gambling. We can use our finances properly in gambling and will not use too much money to playing gambling because that can makes us in trouble. Many mistakes already made by many gamblers so we must knows and learns how to avoids that mistakes so we don't have the same experiences like them. We can avoids the worst mistakes and with our experiences, we can use gambling as a fun thing and never use gambling for makes money.

Limitations in gambling is a must that every gamblers must have so we have to learn and practice so we can playing gambling moderately and will not too much money. We don't have to risks our money too big in gambling because we have other things that we must filled.

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May 12, 2024, 02:25:49 PM
 #610

I like that statement, if you can just learn from someone's mistake then that's good for your finances but most of the time, instead of using those information due to greed and lack of understanding about gambling we also suffer with that same mistake and worse we keep on repeating that same mistake and we really lose a lot to the point that we become addicted.

It's always better to play with limitation, it's your hard earned money so better to take care of it and not to allow yourself to keep repeating then lose a lot.
Learning from other people will helps us to becomes wise gamblers because we will gets something that will gives us benefits while we playing gambling. We can use our finances properly in gambling and will not use too much money to playing gambling because that can makes us in trouble. Many mistakes already made by many gamblers so we must knows and learns how to avoids that mistakes so we don't have the same experiences like them. We can avoids the worst mistakes and with our experiences, we can use gambling as a fun thing and never use gambling for makes money.

Limitations in gambling is a must that every gamblers must have so we have to learn and practice so we can playing gambling moderately and will not too much money. We don't have to risks our money too big in gambling because we have other things that we must filled.
Winning is a natural boost for everyone. But the REAL winners, the clever ones, strategize, not chase bliss. They're learning from others' and their own errors because thats how to succeed in anything. Knowing the game and studying it makes gambling more like investing in a calculated risk. Folks, empathy matters. You must understand the losses and sorrow of those who came before you to avoid repeating their mistakes. Remember, the house always thinks they have the edge, but a disciplined, well-informed player can tilt the scales. Playing intelligently and having fun are both important. Plan beforehand and recognize your boundaries.

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May 12, 2024, 03:30:24 PM
 #611

I like that statement, if you can just learn from someone's mistake then that's good for your finances but most of the time, instead of using those information due to greed and lack of understanding about gambling we also suffer with that same mistake and worse we keep on repeating that same mistake and we really lose a lot to the point that we become addicted.

It's always better to play with limitation, it's your hard earned money so better to take care of it and not to allow yourself to keep repeating then lose a lot.
Learning from other people will helps us to becomes wise gamblers because we will gets something that will gives us benefits while we playing gambling. We can use our finances properly in gambling and will not use too much money to playing gambling because that can makes us in trouble. Many mistakes already made by many gamblers so we must knows and learns how to avoids that mistakes so we don't have the same experiences like them. We can avoids the worst mistakes and with our experiences, we can use gambling as a fun thing and never use gambling for makes money.

Limitations in gambling is a must that every gamblers must have so we have to learn and practice so we can playing gambling moderately and will not too much money. We don't have to risks our money too big in gambling because we have other things that we must filled.

If you can use that knowledge that you learn from those past expereinces of other people who already in the business, you can use it to create your strategy and make sure not to suffer on that same situation, Imean if you hear or watch videos from those people who suffers from gambling, you can use those idea not to repeat that mistake but instead use it to be a basis so you can work on it and prevent the situation to happen to you.

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May 12, 2024, 04:03:37 PM
Merited by Kriptogram14 (1)
 #612


Actually, there are thoughts from gamblers regarding the small consecutive wins they get. Of course, it is related to satisfaction from the results won. The satisfaction of each gambler is different, we cannot see it as greed but some gamblers will only be satisfied and decide to play enough when they get a big win. So before getting this, they will continue the game even if the bet is a change from winning to losing. most won't stop betting until they get a satisfying win or their money runs out. This is a situation we often encounter.

I think we have to make a distinction between complacency and greed. If a gambler plays with big stakes, and spends his savings to get a big win, I think it can be called greed. If the big win in question is by sticking to a predetermined budget, then that cannot be called greed. So I think we cannot justify the attitude of a gambler who spends his money and even goes into debt just because he thinks a big win is his satisfaction. I think it can be called gambling addiction and it has justified itself.

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May 13, 2024, 03:11:38 PM
 #613

If you can use that knowledge that you learn from those past expereinces of other people who already in the business, you can use it to create your strategy and make sure not to suffer on that same situation, Imean if you hear or watch videos from those people who suffers from gambling, you can use those idea not to repeat that mistake but instead use it to be a basis so you can work on it and prevent the situation to happen to you.
That would be ideal but it hardly happens, the reason for this is that many people see themselves as being special, so even if they see the testimony of a person that was addicted to gambling before, they will assume such insights do not apply to them as there is no way they will get addicted, and then when the inevitable happens and those people become addicted as their behavior could not conduct them to nowhere else, they may take those testimonies more seriously, but at that point it does not matter anymore as they will have to go through a long recovery anyway to overcome their gambling problem.

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May 13, 2024, 04:49:58 PM
 #614

The mistake of being greedy is because of the fact that some gamblers are bad losers, they want to chase losses and they want to get their money back, that's the only way to get your money back which is why they get greedy, they see a small win and see it as a signal that there's more to come and that they'd be able to make up all the money that they've lost in their whole session but they don't know that it's a trap and that it's not what it looks like because the math in gambling is heavily stacked against them which means that they're going to surely lose that small money that they've won a little while ago. Probably the biggest mistake of most gamblers is not knowing when to quit because if you do know how to quit, you'd probably be able to save your money and delay your financial ruin to the point that you would realize you're doing something wrong with your gambling.

It is true that some people are actually greedy  and want to squeeze out the whole money from gambling, but it does not work that way, Before you can make a win, you have to be dedicated, and the dedication, i.e., gambling strategically, not just, selecting and clicking. you have to apply common sense if not, you will ruin yourself more and you wont get anything out of all your effort, so in order not to waste money, put head down and gamble well. wins will actually encourage you to want to gamble more but even at that, you should coordinate your games and not overcrowd your slip with games if not, you will hardly get a win. I don't think knowing when to stop is the problem its greed They want to make millions with there little money staked it depends, but no, they will still do it so its better to just let them be.


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May 13, 2024, 04:59:32 PM
 #615


Actually, there are thoughts from gamblers regarding the small consecutive wins they get. Of course, it is related to satisfaction from the results won. The satisfaction of each gambler is different, we cannot see it as greed but some gamblers will only be satisfied and decide to play enough when they get a big win. So before getting this, they will continue the game even if the bet is a change from winning to losing. most won't stop betting until they get a satisfying win or their money runs out. This is a situation we often encounter.

I think we have to make a distinction between complacency and greed. If a gambler plays with big stakes, and spends his savings to get a big win, I think it can be called greed. If the big win in question is by sticking to a predetermined budget, then that cannot be called greed. So I think we cannot justify the attitude of a gambler who spends his money and even goes into debt just because he thinks a big win is his satisfaction. I think it can be called gambling addiction and it has justified itself.
Well, you are right, but then, to make this more understandable, we all know that in gambling, it is possible to win big amount of money from small bets, and it's also possible to win big from big bets as well, it all depends on the odds the game came with and the level of risk the gambler is willing to take, as we all know that the higher the odds of a game, the higher to potential amount to be won, and also the higher the risk of losing.

Now, those who take higher risk to potentially win higher amount of money from a small bets, do we call them greedy?
What about those who stake really big amount of money on games with quite a small odds, which means their chances of winning is high, and their potential winning amount is high as well due to the amount of money they put on the line, do will call this ones greedy?
I think it's a prettt difficult question to answer, because when it comes to determining who's greedy and who's not in gambling, there are several factors to consider and put in check.

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May 14, 2024, 03:03:59 AM
 #616

If you can use that knowledge that you learn from those past expereinces of other people who already in the business, you can use it to create your strategy and make sure not to suffer on that same situation, Imean if you hear or watch videos from those people who suffers from gambling, you can use those idea not to repeat that mistake but instead use it to be a basis so you can work on it and prevent the situation to happen to you.
That would be ideal but it hardly happens, the reason for this is that many people see themselves as being special, so even if they see the testimony of a person that was addicted to gambling before, they will assume such insights do not apply to them as there is no way they will get addicted, and then when the inevitable happens and those people become addicted as their behavior could not conduct them to nowhere else, they may take those testimonies more seriously, but at that point it does not matter anymore as they will have to go through a long recovery anyway to overcome their gambling problem.

Good point and just to adds some insight to that, they will take it seriously when they already in the same situation having a problem on how to work on it and make things to straight up, I guess it's a human instinct or something inside that being awaken when you start yourself enjoying your gambling activity it's a mix up between greed and aggressiveness, then there are other emotions that feed more to complete your addictions, same with your statement,

when a person thinks that they are not going to be like that, but they attached themselves to a same situation the chance that it will happen is very possible.

And all of it will only be realized when you are into it or you are expereincing the same thing with those who confess their addictions.

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May 14, 2024, 06:54:14 AM
 #617

Most of the mistakes that gamblers often make are greed, this behavior arises because they want to chase a win that they are not sure they will get, so it is easy for gamblers to be tempted by tricks that they think are easy to win.
Gamblers who have experienced addiction will never feel satisfied with the results they have obtained. They remain clean and persistent in playing gambling until they really get the maximum sense of satisfaction and greedy gamblers are not easily advised by other people about their behavior. this is the wrong way he will soon realize that he has nothing left in his life and he will only regret and regret.

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May 14, 2024, 07:59:53 AM
 #618

~ so gambling is definitely harmful to people may be
I think the statement is not complete, as it ought to have been "Gambling is definitely harmful to people who gambles with greed" and not who just gamble, because if greed is cut off, you will notice that there have been lots of people who through gambling have been able to afford the life of there dreams. Hence, making gambling a game to venture in when ready to take full responsibility of our actions. Because there will always be mistakes, but our ability to minimize it is what matters a lot from goointo bankruptcy.

I totally agree with this. Gambling is not harmful the way heroin is harmful, like you can literally destroy your life after just couple of tries. There are people, and I'm one of them, who have been enjoying gambling for years(10 years in my case) and and their lives weren't destroyed or anything. Just tame your greed, guys, be content with what you get, that can save you from a lot of frustration.

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May 14, 2024, 08:58:55 AM
 #619


Actually, there are thoughts from gamblers regarding the small consecutive wins they get. Of course, it is related to satisfaction from the results won. The satisfaction of each gambler is different, we cannot see it as greed but some gamblers will only be satisfied and decide to play enough when they get a big win. So before getting this, they will continue the game even if the bet is a change from winning to losing. most won't stop betting until they get a satisfying win or their money runs out. This is a situation we often encounter.

I think we have to make a distinction between complacency and greed. If a gambler plays with big stakes, and spends his savings to get a big win, I think it can be called greed. If the big win in question is by sticking to a predetermined budget, then that cannot be called greed. So I think we cannot justify the attitude of a gambler who spends his money and even goes into debt just because he thinks a big win is his satisfaction. I think it can be called gambling addiction and it has justified itself.
Yeah that is a bad decision. Spending all your money in one game is clearly called being greedy. Maybe I wouldn't say greedy if they do a gradual betting method so that we can play several times with the capital we have until it finally runs out. Gamblers like that seem like arrogant people because they think that luck is on their side so they confidently put everything in and end up losing not according to their expectations.

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May 14, 2024, 12:48:38 PM
 #620

Winning is a natural boost for everyone. But the REAL winners, the clever ones, strategize, not chase bliss. They're learning from others' and their own errors because thats how to succeed in anything. Knowing the game and studying it makes gambling more like investing in a calculated risk. Folks, empathy matters. You must understand the losses and sorrow of those who came before you to avoid repeating their mistakes. Remember, the house always thinks they have the edge, but a disciplined, well-informed player can tilt the scales. Playing intelligently and having fun are both important. Plan beforehand and recognize your boundaries.
When other people wins in gambling, our minds will tells us to keeps playing gambling and say that we can also gets wins like them. That's normal happens to many people so that makes those people still playing gambling, even if they already lose much money. They will refuse to stops gambling as their minds will still tells them to keeps playing gambling but the truth is we can lose more money without we realizes. We must learn what other people gets in gambling so we don't have to gets the bad experiences like them. Learning from other people will helps us to identify when we must stops our gambling activity so we don't lose much money. After all, we must be wise when playing gambling to avoids addiction that many people gets and only use gambling for have fun so we don't lose much money.

If you can use that knowledge that you learn from those past expereinces of other people who already in the business, you can use it to create your strategy and make sure not to suffer on that same situation, Imean if you hear or watch videos from those people who suffers from gambling, you can use those idea not to repeat that mistake but instead use it to be a basis so you can work on it and prevent the situation to happen to you.
Even if we can create strategy, we must always limits our gambling activity because if we can't do, we only gets the same mistakes like them. We can't control ourselves in gambling and will difficult to refuse the temptation from gambling because we will thinks that we can wins the gambling games and gets the money. Many people already gets that but we can't avoids it by always be careful in gambling and not use much money to avoids big lose. When we watch videos from those people who suffers from gambling, we must say to ourselves that we must avoids that happens to us so we can playing gambling moderately and not use much money. We must take care of ourselves from playing gambling and always avoids the addiction so we can enjoy to playing gambling.

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