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Author Topic: Making decisions while betting  (Read 2888 times)
wxa7115
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April 01, 2024, 03:50:58 AM
 #241

People who are addicted to gambling usually cannot think realistically when making decisions. That's why they can't stop gambling like normal people. They are very obsessed with beating casinos and gambling sites. They are very eager to get a big win. It is very difficult to explain logically to gambling addicts. We can only hope they realize their mistake. A wise gambler will never let his emotions control him in making decisions.
It is way worse than that, you may think that those that are addicted to gambling care about nothing else but to beat the casinos, however they have gambled for so long and they have lost so much money, they have already understood they cannot beat the casinos.

But then why gamble? Just to gamble, as nonsensical as that may sound, that is the reason they gamble, they hold no hopes to win as their previous experiences tells them this is not possible, and they just keep gambling as gambling has become a part of their lives, just as sleeping or eating is part of our own lives.
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April 01, 2024, 06:38:29 AM
 #242

If you are not a fan of having a high risk gambling it's better to have good self control,  it will helps you to prevent  any big mistakes that can cause you your entire bankroll,  though chances to exceed from your limits is not impossible which most of the time rake place when you over think about the potential and  the possibilities that you may win your next try.  More on how you'll able to control and limit such emotions  and a better handling of your finances. Money management and time management are very important when you are dealing with this type of business.
Gaining self control will do more aides in the system, atleast one will sitting in full shape and having the continual earnings. Risks are also involved, what's your responses when it comes to risks? I would say it's very important we nailed our challenges and withdraw our profits when the time is right. Making strategies that will save us from the downwards movement of the system because we're experienced and knows the spots of these gambling odds to hits. Making decisions while betting should be acceptable and it ought to be something that would benefiting.

Withdraw when you hit the planned amount. Continue if you think you are not there yet or the profits ain't that deserving of the withdrawal. We must have an amount where we think it's enough and then we can enjoy all the profits we made. This way we are avoiding mistakes especially greed when we think that we are lucky that day.
I myself just won a good amount 2 days ago and I withdrew almost everything to enjoy it. Went out with the kids on Easter Sunday and then went to the mall and let them play until they were exhausted. They enjoyed it, I made sure of that. We must have that kind of stop in our lives so that we can say that we made good money with our bad gambling habit. We cannot just sit and keep on playing because the more we try hard to make more profits, the closer we get to all of that being taken away from us, or worse, gambling addiction.

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Questat
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April 01, 2024, 07:03:46 AM
 #243

People who are addicted to gambling usually cannot think realistically when making decisions. That's why they can't stop gambling like normal people. They are very obsessed with beating casinos and gambling sites. They are very eager to get a big win. It is very difficult to explain logically to gambling addicts. We can only hope they realize their mistake. A wise gambler will never let his emotions control him in making decisions.
It is way worse than that, you may think that those that are addicted to gambling care about nothing else but to beat the casinos, however they have gambled for so long and they have lost so much money, they have already understood they cannot beat the casinos.

But then why gamble? Just to gamble, as nonsensical as that may sound, that is the reason they gamble, they hold no hopes to win as their previous experiences tells them this is not possible, and they just keep gambling as gambling has become a part of their lives, just as sleeping or eating is part of our own lives.

If it has become part of their lives then that's very dangerous especially if they are not benefiting from it. When we eat and sleep, we do it all day but it's necessary to have a healthy body and life, but gambling everyday, it doesn't make us healthy, in fact it will only make our life worse and we may live with trouble ,, it's just so stressful, I don't see it being part of my daily life even if I'm not addicted.

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April 02, 2024, 03:51:37 AM
 #244

If you are not a fan of having a high risk gambling it's better to have good self control,  it will helps you to prevent  any big mistakes that can cause you your entire bankroll,  though chances to exceed from your limits is not impossible which most of the time rake place when you over think about the potential and  the possibilities that you may win your next try.  More on how you'll able to control and limit such emotions  and a better handling of your finances. Money management and time management are very important when you are dealing with this type of business.
Gaining self control will do more aides in the system, atleast one will sitting in full shape and having the continual earnings. Risks are also involved, what's your responses when it comes to risks? I would say it's very important we nailed our challenges and withdraw our profits when the time is right. Making strategies that will save us from the downwards movement of the system because we're experienced and knows the spots of these gambling odds to hits. Making decisions while betting should be acceptable and it ought to be something that would benefiting.

Withdraw when you hit the planned amount. Continue if you think you are not there yet or the profits ain't that deserving of the withdrawal. We must have an amount where we think it's enough and then we can enjoy all the profits we made. This way we are avoiding mistakes especially greed when we think that we are lucky that day.
I myself just won a good amount 2 days ago and I withdrew almost everything to enjoy it. Went out with the kids on Easter Sunday and then went to the mall and let them play until they were exhausted. They enjoyed it, I made sure of that. We must have that kind of stop in our lives so that we can say that we made good money with our bad gambling habit. We cannot just sit and keep on playing because the more we try hard to make more profits, the closer we get to all of that being taken away from us, or worse, gambling addiction.

We need that set limitation and target, those gamblers who can follow whatever they set up are people who have a good chance of cashing out decent amount of profits, I think that if you keep that way things will be better as knowing that you are targetting something and you already reached it then quitting is by far is sweet, though, most of the time greed dominated the situation and instead of quitting you'll push yourself to aim for more.

From that scenario, the chance of losing back whatever you have in hand plus your initial deposit may take place, that's the reason why you should have that good control on both money management and the time that you'll going to spend.

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irhact
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April 02, 2024, 05:57:04 AM
 #245

Withdraw when you hit the planned amount. Continue if you think you are not there yet or the profits ain't that deserving of the withdrawal. We must have an amount where we think it's enough and then we can enjoy all the profits we made. This way we are avoiding mistakes especially greed when we think that we are lucky that day.
I myself just won a good amount 2 days ago and I withdrew almost everything to enjoy it. Went out with the kids on Easter Sunday and then went to the mall and let them play until they were exhausted. They enjoyed it, I made sure of that.

What happens if they never hit their planned profits, they might continue gambling and they'll lose all they had both the capital and any profits that they have already made. Gambling is very deceiving as you'll be thinking you make more profit if you use your capital and your won profit to keep gambling but you might end up losing everything. When you win and you have made some profits, you can stop gambling for that day and withdraw your profit. Gambling isn't investing that's somehow guaranteed.

When investing you can keep holding your investment until you reached your desired profit but when gambling, you don't know if you'll lose or win your next bet therefore it's always better you secure the profits safely that you already have and not to assume that you'll get more. You can make decisions when gambling but they should be positive decisions as taking profits and not gambling again to avoid loss.

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April 02, 2024, 06:59:18 AM
 #246

What happens if they never hit their planned profits, they might continue gambling and they'll lose all they had both the capital and any profits that they have already made. Gambling is very deceiving as you'll be thinking you make more profit if you use your capital and your won profit to keep gambling but you might end up losing everything. When you win and you have made some profits, you can stop gambling for that day and withdraw your profit. Gambling isn't investing that's somehow guaranteed.

When investing you can keep holding your investment until you reached your desired profit but when gambling, you don't know if you'll lose or win your next bet therefore it's always better you secure the profits safely that you already have and not to assume that you'll get more. You can make decisions when gambling but they should be positive decisions as taking profits and not gambling again to avoid loss.

If they can come to their senses then I think it is very likely that they will continue to gamble until they reach a point where it makes them come to their senses and stop gambling, either because they win or because all their money is gone. Thinking that they only think about winning can make them lose everything, the main thing is money and another thing, perhaps the property they own, which they sell so that the money can be used again for gambling. Basically, when you win, it's better to just withdraw, because gambling is not a guaranteed investment. In fact, in my opinion, gambling is very different from investing.

Yes, that's right, we can't know what will happen when we place a bet in gambling. Some gamblers are often unable to secure the winnings they have obtained because they think that when they win, they think they will get another win which might be bigger, even though when they continue gambling again after getting a win it will most likely only make the winnings they have already obtained become obsolete. everything is lost and in the end we regret it or maybe it makes us emotional. This is why it is important not to make decisions without considering them first .

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April 04, 2024, 09:06:20 AM
 #247

~ Regarding our decisions, good or bad, in luck-based games they don't matter at all.
Indeed!

No matter what are the things you would really be doing or whatever you do have in mind, it wouldnt really be affecting your luck chance when dealing up with luck based games.
This is one of the main reasons on why people do really end up on messing up their lives just because they are really that pursuing on something that they could be able to achieve
on which we know that in gambling then it would really be that too impossible unless if you are that extremely lucky.

There are ones who are really that responsible in towards the things that they are dealing with and there are ones who doesnt care, they would really be
making out adjustments on the time that they would really be experiencing hardships in life on which this is the only time that we would really be that mindful
on what are the actions we should be taking.

The only part of purely luck-based games where our decisions do affect the situation is bankroll management. If we don't deposit huge amounts on gambling sites, we basically don't have a chance to lose them. That's why we should restrain ourselves from depositing big amounts, or, if we already have on our balance(because of winning it previously, for example) something that would not be easy to lose, we should never go all-in or play long enough to have a chance of losing it all.

 
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April 04, 2024, 02:07:29 PM
 #248

What happens if they never hit their planned profits, they might continue gambling and they'll lose all they had both the capital and any profits that they have already made. Gambling is very deceiving as you'll be thinking you make more profit if you use your capital and your won profit to keep gambling but you might end up losing everything. When you win and you have made some profits, you can stop gambling for that day and withdraw your profit. Gambling isn't investing that's somehow guaranteed.

When investing you can keep holding your investment until you reached your desired profit but when gambling, you don't know if you'll lose or win your next bet therefore it's always better you secure the profits safely that you already have and not to assume that you'll get more. You can make decisions when gambling but they should be positive decisions as taking profits and not gambling again to avoid loss.

If they can come to their senses then I think it is very likely that they will continue to gamble until they reach a point where it makes them come to their senses and stop gambling, either because they win or because all their money is gone. Thinking that they only think about winning can make them lose everything, the main thing is money and another thing, perhaps the property they own, which they sell so that the money can be used again for gambling. Basically, when you win, it's better to just withdraw, because gambling is not a guaranteed investment. In fact, in my opinion, gambling is very different from investing.

Yes, that's right, we can't know what will happen when we place a bet in gambling. Some gamblers are often unable to secure the winnings they have obtained because they think that when they win, they think they will get another win which might be bigger, even though when they continue gambling again after getting a win it will most likely only make the winnings they have already obtained become obsolete. everything is lost and in the end we regret it or maybe it makes us emotional. This is why it is important not to make decisions without considering them first .
You must face terrible reality. Gambling is not playing, despite its name. A trap, rigged system, and glimpses of winning? Just bait. You think great wins are signs, but they're just the hook sinking deeper

Gambling opposes investing, yes. It ruins things dollar-by-dollar. A vicious cycle aimed to make you want 'one more spin' or 'one more bet' Every time you do it, you lose. Money and you. Your time, sanity, and relationships are at stake

Choice is key. Gambling relies on snap decisions. Wanna win life? Slow down. Think. You win every time you leave with a dollar saved. Winners manage their lives, not gamble. Do you think those wins will spark success? They start your demise. It grows worse the longer you hold onto that sensation. The odds bury you

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leonair
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April 04, 2024, 02:14:28 PM
 #249

How do we regulate our emotions while betting and how important is it?
It is easy to control your emotion while bettingbif you are disciplined and gambling responsibly. What you just need to do is to have a gambling budget and do not let it be more than 1 to 5% of your weekly or monthly income. Assuming you are earning $500 weekly and you are using just 5% to bet which is just $25, that can not affect you financially. But if it will affect you financially, you can go as low as using $5 which is 1% of your income. If you try this, you will see that gambling is good and fun and you will be able to control your emotions. But do not go more than your gambling budget which should be a small amount/percentage from your income which can not affect you financially.
For a person who gambles with a limit and a fixed budget, it is much easier to control his emotions, but with a fixed budget, one cannot continue gambling because the addiction to gambling forces the gambler to spend more than the budget. Because of this, we lose with emotions again and again. As much as emotions make us feel and help us enjoy life, they also hurt us a lot. But controlling emotions is the biggest challenge for us

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April 04, 2024, 02:45:26 PM
 #250

I wouldn't say that emotions are always bad. There are simply emotions that help us and there are emotions that hinder us. The author of this topic listed the emotions that prevent us from winning in the start post. I believe that the most important destructive emotions are fear and greed. Although sometimes, paradoxically, on the contrary, they help us win.
If we talk about positive emotions, then this is encouragement or inspiration. However, I don’t know how much this can be called an emotion, probably it’s still a special feeling. A lot of things are intertwined in this feeling: intuition and the expectation of excellent results and the understanding that this is quite possible. I do not exclude that something else can be added here.

 
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junder
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April 05, 2024, 12:34:13 PM
 #251

If they can come to their senses then I think it is very likely that they will continue to gamble until they reach a point where it makes them come to their senses and stop gambling, either because they win or because all their money is gone. Thinking that they only think about winning can make them lose everything, the main thing is money and another thing, perhaps the property they own, which they sell so that the money can be used again for gambling. Basically, when you win, it's better to just withdraw, because gambling is not a guaranteed investment. In fact, in my opinion, gambling is very different from investing.

Yes, that's right, we can't know what will happen when we place a bet in gambling. Some gamblers are often unable to secure the winnings they have obtained because they think that when they win, they think they will get another win which might be bigger, even though when they continue gambling again after getting a win it will most likely only make the winnings they have already obtained become obsolete. everything is lost and in the end we regret it or maybe it makes us emotional. This is why it is important not to make decisions without considering them first .
You must face terrible reality. Gambling is not playing, despite its name. A trap, rigged system, and glimpses of winning? Just bait. You think great wins are signs, but they're just the hook sinking deeper

Gambling opposes investing, yes. It ruins things dollar-by-dollar. A vicious cycle aimed to make you want 'one more spin' or 'one more bet' Every time you do it, you lose. Money and you. Your time, sanity, and relationships are at stake

Choice is key. Gambling relies on snap decisions. Wanna win life? Slow down. Think. You win every time you leave with a dollar saved. Winners manage their lives, not gamble. Do you think those wins will spark success? They start your demise. It grows worse the longer you hold onto that sensation. The odds bury you

Indeed, winning is a pleasant thing for us, but victory can usually be a bait that makes us trapped in problems, such as wanting to win again which we may not be able to get according to our wishes. the fact that we will lose more often can make us want to continue chasing wins which can make us lose more money. Gambling can indeed damage many of the things we do, such as finances, relationships and health, but this will not happen if we gamble with good limits and also with self-control.

Gambling can affect thinking and emotions, therefore we have to be able to make good decisions, including when we place bets, of course we have to make good decisions so that we can produce good results even though the big possibility that will happen is defeat, but at least we have try to make good decisions.

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April 05, 2024, 01:22:28 PM
 #252

I wouldn't say that emotions are always bad. There are simply emotions that help us and there are emotions that hinder us. The author of this topic listed the emotions that prevent us from winning in the start post. I believe that the most important destructive emotions are fear and greed. Although sometimes, paradoxically, on the contrary, they help us win.
If we talk about positive emotions, then this is encouragement or inspiration. However, I don’t know how much this can be called an emotion, probably it’s still a special feeling. A lot of things are intertwined in this feeling: intuition and the expectation of excellent results and the understanding that this is quite possible. I do not exclude that something else can be added here.
Of course there are postiive and negative emotions, that's the nature of a human. However, when we used emotion ralating to gambling, it is noromally a bad thing as that means we were being stupid as instead of using our game plan, we weren't able to because we were affected by our emotion which most of us have experience that once we let it dictate us, the end result is bad most of the time.

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April 05, 2024, 01:52:43 PM
 #253

I wouldn't say that emotions are always bad. There are simply emotions that help us and there are emotions that hinder us. The author of this topic listed the emotions that prevent us from winning in the start post. I believe that the most important destructive emotions are fear and greed. Although sometimes, paradoxically, on the contrary, they help us win.
If we talk about positive emotions, then this is encouragement or inspiration. However, I don’t know how much this can be called an emotion, probably it’s still a special feeling. A lot of things are intertwined in this feeling: intuition and the expectation of excellent results and the understanding that this is quite possible. I do not exclude that something else can be added here.
It is true that sometimes those emotions can help out. I had many experiences with being greedy and still winning a high multiplier. Like in Keno before, when I bet at high risk with just 8 numbers. The 6 digits keep on hitting which means x270 per hit and I think I made like 6 times of it and I saw how far the graph went on green mode. I don't know if I had a lucky seed that day or just a lucky day or maybe I did choose the right numbers to make it happen.
I was so greedy that I didn't stop the automatic bet because in my mind the idea of having a lot of funds from the initial win gave me more chance to bet for more and just let it be. I mean, I will definitely see if my profits are going low but since it's not, I just let it roll until I feel the satisfaction that it is enough. There's not always a bad story with those bad emotions, there are sometimes greedy people who make it out better as they gamble more.

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April 07, 2024, 03:42:27 AM
 #254

I wouldn't say that emotions are always bad. There are simply emotions that help us and there are emotions that hinder us. The author of this topic listed the emotions that prevent us from winning in the start post. I believe that the most important destructive emotions are fear and greed. Although sometimes, paradoxically, on the contrary, they help us win.
If we talk about positive emotions, then this is encouragement or inspiration. However, I don’t know how much this can be called an emotion, probably it’s still a special feeling. A lot of things are intertwined in this feeling: intuition and the expectation of excellent results and the understanding that this is quite possible. I do not exclude that something else can be added here.
It is true that sometimes those emotions can help out. I had many experiences with being greedy and still winning a high multiplier. Like in Keno before, when I bet at high risk with just 8 numbers. The 6 digits keep on hitting which means x270 per hit and I think I made like 6 times of it and I saw how far the graph went on green mode. I don't know if I had a lucky seed that day or just a lucky day or maybe I did choose the right numbers to make it happen.
I was so greedy that I didn't stop the automatic bet because in my mind the idea of having a lot of funds from the initial win gave me more chance to bet for more and just let it be. I mean, I will definitely see if my profits are going low but since it's not, I just let it roll until I feel the satisfaction that it is enough. There's not always a bad story with those bad emotions, there are sometimes greedy people who make it out better as they gamble more.
Without a doubt people can get lucky once in a while as that is the part of the nature of gambling, but more often than not those that take such high risks will eventually return all of that money to the casino, and casino owners know this, so they are happy with those results as that customer is likely to come back to try to replicate those results.

With this in mind, it would be better to limit our greed when we gamble, as I suppose no one wants to experience those wild swings on their gambling capital.
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April 10, 2024, 01:21:31 PM
 #255

~ Without a doubt people can get lucky once in a while as that is the part of the nature of gambling, but more often than not those that take such high risks will eventually return all of that money to the casino, and casino owners know this, so they are happy with those results as that customer is likely to come back to try to replicate those results.
~

It's a common misconception that if someone loses, say, $1,000, all those money go to the casino. Especially that's not true for online gambling, where, quite reasonably, at least a part of those money go to the game providers who are entirely different people from those who run the casino.

But even if a game completely belongs to the casino, a so-called house game like dice for example, only a small part of what we lose goes to the house, namely the house edge, that's it.

 
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April 10, 2024, 01:31:08 PM
 #256

Thank you for sharing that with us. I do believe this kind of post have been repeated in the gambling discussion section many times but it is still better to keep on reminding everyone about it. Why? Because most of the time we make mistakes as our brains are darkened by revenge as we keep on losing. We became emotional which is the beginning of where we make more mistakes. Overconfidence after a win, it happens to most gamblers because they simply think it is their time and they can win more but the outcome will probably be different.
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April 10, 2024, 02:04:43 PM
 #257

Thank you for sharing that with us. I do believe this kind of post have been repeated in the gambling discussion section many times but it is still better to keep on reminding everyone about it. Why? Because most of the time we make mistakes as our brains are darkened by revenge as we keep on losing. We became emotional which is the beginning of where we make more mistakes. Overconfidence after a win, it happens to most gamblers because they simply think it is their time and they can win more but the outcome will probably be different.

True,.. if we want to win and achieve consistency, we need to act like a robot, a robot that could easily follow the plan we made.

Biggest problem on some gamblers are they are being emotional, greedy, or unsatisfied. casino would love to see that because that means they'll getting money from us, they are just doing their job, so we should also do our job. When we make a decision, it shouldn't be coming from our emotion, I've been there, I made a lot of mistakes in the past and I can say that it's not really good to be too emotional in gambling as we don't have unlimited supply of money.

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April 10, 2024, 02:24:18 PM
 #258

How do we regulate our emotions while betting and how important is it?
I have to admit that everyone has different ways and tricks for gambling, it must be admitted, as you said, decisions are made while betting is in progress, This is not a new trick and you're not the only one doing it, I've done it too, maybe other people have done it too, usually I do it on sports betting, especially football.

Some of my experiences have been successful and some have failed, decisions taken halfway, for example at the last minute or in the middle, we can still change our bets, where the bet is changed based on our own beliefs, I often do this in a football game that is a draw/balance or 80 minutes when one of the clubs replies to 1-1, my chances of an additional score are very large for 1-2 and vice versa.

Whatever the story, what is clear is that not all types of gambling bets can be made while the game is in progress, only certain games, which in essence I have done.

R


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April 10, 2024, 02:36:40 PM
 #259

Thank you for sharing that with us. I do believe this kind of post have been repeated in the gambling discussion section many times but it is still better to keep on reminding everyone about it. Why? Because most of the time we make mistakes as our brains are darkened by revenge as we keep on losing. We became emotional which is the beginning of where we make more mistakes. Overconfidence after a win, it happens to most gamblers because they simply think it is their time and they can win more but the outcome will probably be different.

True,.. if we want to win and achieve consistency, we need to act like a robot, a robot that could easily follow the plan we made.

Biggest problem on some gamblers are they are being emotional, greedy, or unsatisfied. casino would love to see that because that means they'll getting money from us, they are just doing their job, so we should also do our job. When we make a decision, it shouldn't be coming from our emotion, I've been there, I made a lot of mistakes in the past and I can say that it's not really good to be too emotional in gambling as we don't have unlimited supply of money.
We are just humans and its normal  that we would really be having that reactions and we do know that there's no way that we couldnt really be having that kind confidence on the time that we do bet.
Even lets say that you are really that a veteran one, but still its not something that would really be excluding you for you not to be emotional. Its a normal reaction or approach. It is really just that the
difference in between pros and with those noobs is on between their experiences on which they do really know on what they should gonna do. They are wary on what are the things that they would do.
Choices will really matter on the experience that you do have in gambling field.

Results would be normally be depending on how lucky you would be but of course analysis and experience would surely that count.

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April 10, 2024, 03:20:18 PM
 #260

Thank you for sharing that with us. I do believe this kind of post have been repeated in the gambling discussion section many times but it is still better to keep on reminding everyone about it. Why? Because most of the time we make mistakes as our brains are darkened by revenge as we keep on losing. We became emotional which is the beginning of where we make more mistakes. Overconfidence after a win, it happens to most gamblers because they simply think it is their time and they can win more but the outcome will probably be different.

True,.. if we want to win and achieve consistency, we need to act like a robot, a robot that could easily follow the plan we made.

Biggest problem on some gamblers are they are being emotional, greedy, or unsatisfied. casino would love to see that because that means they'll getting money from us, they are just doing their job, so we should also do our job. When we make a decision, it shouldn't be coming from our emotion, I've been there, I made a lot of mistakes in the past and I can say that it's not really good to be too emotional in gambling as we don't have unlimited supply of money.

I am still surprised how humanity was able to invent a casino.
After all, this is a place that tests us for self-discipline. And the paradox is that you need to feel nothing to be productive. But you always want to feel something. How difficult it is to find a balance between the desire to experience emotions and not allow them to control our lives. The casino is like a mirror reflecting our ability to self–control and our desire for excitement.
Perhaps this contradiction is where its appeal lies.

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