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Author Topic: Double your money and quite  (Read 6083 times)
Dewi Aries
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August 02, 2024, 08:05:24 PM
 #1001


No doubt if making gambling as a source of income can makes someone become addicted. He will playing gambling without thinks about stopping his gambling activities. He will lose his carefulness because he thinks that gambling is fun and gives him more chances to win.

If he realizes that many gamblers already lose their money, he will not takes risks in gambling. He will always be careful playing gambling and only use some money to gambling. He doesn't want to chase winning or recover his losses because he knows that can lead him lose more money.

That is why we must only use the money we can afford to lose in gambling. With self control, we prevents the lose and will not be bigger because we really want to prevents it. We know that gambling is just for fun so we don't have any intention to chase the winning and only enjoy our time.

No one gamble with the intention of losing. All we want is to make wins even while gambling for fun. The goal in gambling is to have more wins than loss, but sometimes we are not lucky enough to achieve our preplanned targets, so we just have to accept it the way it is, rather than trying to chase our losses or something else. Gamble is a game of luck, and when you understand this, you can give some self advice and let the loses slide. A good way of enjoying your gamble experience is by reducing your stakes so you can have longer gambling time and spend less in gambling, so even if you experience loses it would mean nothing to you as the stakes are small.

Of course, regardless of what and how your goal is in gambling, winning is always much better and more enjoyable than losing, there will only be one of two results that you will get in every session which is winning or losing, and you will never know about what makes you win and what has made you lose, there is no one way or any way in general, the point is as you said above that when it turns out we win then it means we are lucky, that's all.
So you have to think that winning is a lucky situation for you and losing is a natural part of gambling, there is no reason to make you feel great after you win and no reason to make you feel emotional when you lose, this is a random game that is always unknown about the results and that is why people call it a game of luck. This is a basic understanding that everyone must have before they dive into gambling, meaning that gamblers who are now addicted and experience many bad impacts are those who do not have a basic understanding as I said.

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August 02, 2024, 08:14:45 PM
 #1002

I agree. Discipline is the king here, if you have a big win or a big defeat, you should stop, consider the odds, and only then make your next move.

Definitely, if anyone masters this, then he/she can make better calls in gambling. Discipline is the key factor for everyone’s life in every profession. If you lack discipline and let your ego control you, then definitely you will make losses. You need to set small targets and need to achieve them daily. Double is a good amount to take a temporary pause and reward yourself with some luxury. If you take stress or greed and gamble, then definitely you will make losses.

That's true  self-control play a vital role when it comes to stuff like gambling. That will definitely help to minimize losses because having good self-control, one will be able to know when to stop, and the amount of risk he or she can handle ( having a good risk management) and also having the right mindset towards gambling.

The reason why they are alot of sad stories concerning gambling on how gambling as ruin ones lives and that . Is due to the way most people approach gambling, like taken it as a means of earning or worse a means for them to get rich quick. Which is wrong , one should try and keep an healthy means of gambling.

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August 03, 2024, 12:29:50 AM
 #1003

it is because there is indeed a sense of greater self-confidence and becomes a strong motivation for them to continue gambling, even when in that situation it is unlikely that they can be aware and in good control, the majority of gamblers usually think about continuing their gambling because they think they can get a bigger win, but unfortunately such an incident from the many that occur is losing the winnings that have been obtained because there is indeed no guarantee at all to be able to win continuously and continuously.

the chance to win is small, let alone getting consecutive or continuous wins is very impossible, maybe this only happens and is experienced by people who are really very lucky in gambling, but even if that happens I think there is a limit to victory that is the benchmark for their luck, it is impossible to continue winning just like that because gambling is not like that. where the house always has a greater chance of winning and that is permanent.

Unfortunately, it is very common for gamblers to believe that luck is waiting around the next corner.
I mean, they always expect the next bet to be a winner, time after time. I knew a gambler who had a hard time deciding to stop, but when his brother won a big win, this guy immediately went to place bets, he thought luck was near. And unfortunately, he continued his losing path.
Thats exactly, what is misleading where some of us are sometimes overconfident by assuming that we will definitely profit if we continue to gamble without caring about our financial condition so that they continue to try again and again which is ultimately a trap.
Not a few people feel that they will continue to profit by gambling continuously because of the hope of profit in the next round but they do not realize that in the end they are given a false opportunity because they are too confident in the game they are doing.
The fact is that gambling must be realized that the defeat will be far greater than the victory that is owned so that even though it is good enough because we are confident in the round that is done but in the end we must also realize that in gambling we only depend on luck and do not force luck when you feel that you have lost it would be better to stop and try another time.

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August 03, 2024, 01:05:15 AM
 #1004

No one gamble with the intention of losing. All we want is to make wins even while gambling for fun. The goal in gambling is to have more wins than loss, but sometimes we are not lucky enough to achieve our preplanned targets, so we just have to accept it the way it is, rather than trying to chase our losses or something else. Gamble is a game of luck, and when you understand this, you can give some self advice and let the loses slide. A good way of enjoying your gamble experience is by reducing your stakes so you can have longer gambling time and spend less in gambling, so even if you experience loses it would mean nothing to you as the stakes are small.
But if you come to casino only for have fun, your intention to win will not too big because you already realizes that gambling can cause you lose your money. The goal for playing gambling is for having fun and not for making money. You can not win some money from gambling easily.

If you realizes about gambling is just an entertainment, you will not trying to make money. That can makes you spends too much money to chase the win. Chasing the win can makes you forget that you come to the casino is only for have fun.

Double your money in gambling will not be easy as you want because gambling is only for fun. If you want to make money, you better search for the other ways which can gives you that chance. It is better to use gambling as an entertainment than to make money.

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August 03, 2024, 05:48:12 AM
 #1005

Thats exactly, what is misleading where some of us are sometimes overconfident by assuming that we will definitely profit if we continue to gamble without caring about our financial condition so that they continue to try again and again which is ultimately a trap.
Not a few people feel that they will continue to profit by gambling continuously because of the hope of profit in the next round but they do not realize that in the end they are given a false opportunity because they are too confident in the game they are doing.
The fact is that gambling must be realized that the defeat will be far greater than the victory that is owned so that even though it is good enough because we are confident in the round that is done but in the end we must also realize that in gambling we only depend on luck and do not force luck when you feel that you have lost it would be better to stop and try another time.
therefore being too confident in gambling can also cause us to experience losses that would not actually happen if we were not too confident and did not fully expect gambling. excessive self-confidence can indeed make us always think that we can get a definite win in gambling, even though we have experienced defeat, but because of that strong self-confidence, it makes us continue to gamble again and again, but the victory in gambling that is not certain is still the same, it will not be easy to get even though we are confident.
what you said is true, indeed the chances of losing are greater than winning, this must be realized and remembered so that we continue to have good control so that the gambling that is done remains within certain limits and does not make us experience financial difficulties. forcing luck to happen is impossible, because what is called luck will only happen occasionally and no one knows for sure when luck will occur besides that gambling is a large percentage that depends on luck about its victory.

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August 03, 2024, 11:37:48 AM
 #1006

Thats exactly, what is misleading where some of us are sometimes overconfident by assuming that we will definitely profit if we continue to gamble without caring about our financial condition so that they continue to try again and again which is ultimately a trap.
Not a few people feel that they will continue to profit by gambling continuously because of the hope of profit in the next round but they do not realize that in the end they are given a false opportunity because they are too confident in the game they are doing.
The fact is that gambling must be realized that the defeat will be far greater than the victory that is owned so that even though it is good enough because we are confident in the round that is done but in the end we must also realize that in gambling we only depend on luck and do not force luck when you feel that you have lost it would be better to stop and try another time.
therefore being too confident in gambling can also cause us to experience losses that would not actually happen if we were not too confident and did not fully expect gambling. excessive self-confidence can indeed make us always think that we can get a definite win in gambling, even though we have experienced defeat, but because of that strong self-confidence, it makes us continue to gamble again and again, but the victory in gambling that is not certain is still the same, it will not be easy to get even though we are confident.
what you said is true, indeed the chances of losing are greater than winning, this must be realized and remembered so that we continue to have good control so that the gambling that is done remains within certain limits and does not make us experience financial difficulties. forcing luck to happen is impossible, because what is called luck will only happen occasionally and no one knows for sure when luck will occur besides that gambling is a large percentage that depends on luck about its victory.
Gambling confidence is about recognizing chance's erraticness, not illusion. You say too much confidence causes losses, but I say it fuels strategic thinking

Gambling is a psychological battle with probability, not winning. Face the ludicrous unpredictability of life and our influence limits

Although we talk control, the fun is pushing those boundaries. Though the possibility of overcoming the odds is tempting, we cannot force luck. It's about riding the wave, accepting success and failure knowing life is ludicrous and unpredictable

Gambling becomes a study of our resiliency and our ability to adapt when viewed this way. It's a straightforward look at humanity

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August 03, 2024, 05:01:54 PM
 #1007

As Warren Buffet said:

Buffett says market ‘almost totally a casino’ as it rallied in recent years

Berkshire Hathaway head tells shareholders that Wall Street encouraged traders to treat shares like poker chips

I guess if you have more and more people just simply blindly putting more and more money into companies, then shares are getting closer to a casino.

You can see for example that in some cases shares that have a similar name of something that happened will get a lot of buys/sells, depending on the news, when in reality the company had nothing to do with the story. Things like that are just random events in the stock exchange.
I am not sure what has been said by the buffet but there is no way to be 0 if anyone trades crypto or on the stock market except Forex. But the casino the balance can be 0 at any time. And on crypto trading as well as stock market trading the value might be decrease but the number of crypto or shares can't be less. So there is no chance to say they are the same.

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August 03, 2024, 07:10:19 PM
 #1008

You are right mate, personally I do take every winning I make from gambling as free money
To get which you spend your personal time. In general, this money is not very "free".

And also, for the sake of this "free" money you risk your "expensive" money, earned by hard work at work (or any paid activity).

How do you perceive losses in gambling? As charity for the benefit of the casino? Smiley

Yeah, I know it's not really free money because the money spent on the bet was gotten from hard labor. Someone once said that nothing is free in this life and that anything that is said to be free must have been paid for by someone else, and I agree that the expenses of any pronounced free must have been covered by somebody's hard-earned money. 

Actually, I don't know if I perceive gambling losses as a charity benefit for the casino (but definitely it is the benefit of the casino); I just see gambling losses as something that must happen in order for the casino owners to make a profit. Every entrepreneur expects to make a profit from whatever business they are doing, and if there're no losses from gamblers, casinos won't make a profit.

I use the small winning I get to archive what ever little needs it can fill at that moment, if it can buy me one dozen of beer 🍻, do me a one month or two month data subcribription and pay for some online tool subscription, then I will be cool.

Quote
Do you immediately withdraw small winnings from your casino account?

Well, it depends on how small the profit is. Let's assume I deposited $10 and placed some bets on a few matches and won like $40 or more. I can withdraw $30 immediately and just retain my initial deposit. 

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August 04, 2024, 12:48:08 AM
 #1009

Gambling confidence is about recognizing chance's erraticness, not illusion. You say too much confidence causes losses, but I say it fuels strategic thinking

Gambling is a psychological battle with probability, not winning. Face the ludicrous unpredictability of life and our influence limits

Although we talk control, the fun is pushing those boundaries. Though the possibility of overcoming the odds is tempting, we cannot force luck. It's about riding the wave, accepting success and failure knowing life is ludicrous and unpredictable

Gambling becomes a study of our resiliency and our ability to adapt when viewed this way. It's a straightforward look at humanity
self-confidence is also a thought, my friend, so it's the same as what you said, so it's not much different if we talk about excessive self-confidence.
What must be considered is that we cannot force luck to be on our side because there is no basis for luck to happen because we force it. In addition, when we gamble, we must be aware and always remember luck, so that might help us to limit the gambling that is done.
In addition, we can also predict gambling, but not always the predictions made can produce profits or are right. Because as you said, gambling is about luck and probability, so there is no prediction that will be very accurate, especially if it can be right in the long term, it is impossible to happen. We must have limits that are set when we know and do gambling, don't have high hopes because that can actually make us lose self-control which will make us suffer because of the losses that occur.

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August 04, 2024, 02:05:57 AM
 #1010


Unfortunately, it is very common for gamblers to believe that luck is waiting around the next corner.
I mean, they always expect the next bet to be a winner, time after time. I knew a gambler who had a hard time deciding to stop, but when his brother won a big win, this guy immediately went to place bets, he thought luck was near. And unfortunately, he continued his losing path.
Thats exactly, what is misleading where some of us are sometimes overconfident by assuming that we will definitely profit if we continue to gamble without caring about our financial condition so that they continue to try again and again which is ultimately a trap.
Not a few people feel that they will continue to profit by gambling continuously because of the hope of profit in the next round but they do not realize that in the end they are given a false opportunity because they are too confident in the game they are doing.
The fact is that gambling must be realized that the defeat will be far greater than the victory that is owned so that even though it is good enough because we are confident in the round that is done but in the end we must also realize that in gambling we only depend on luck and do not force luck when you feel that you have lost it would be better to stop and try another time.

I think rationally all of that happened because of excessive expectations of big wins that were initially based on a wrong understanding of how gambling really is, in any case misunderstandings can very likely trigger wrong actions that will lead us to something we don't want. And of course when someone has a high level of expectation then they will not care too much about their financial condition, they even dare to risk the last amount of money they have instead of using it for something more important.

Another thing related to the people you said who feel that they will continue to win are basically those who do not have a true understanding of gambling and how luck works so they continue to bet and feel that a much bigger win is near. That's why I would say that understanding is one of the keys to avoiding various impulsive actions, there is no connection between previous results and subsequent results especially when you bet on casino games, in the end and until whenever gambling will always be about luck as you said.

I would also say that risk awareness should be prioritized and maintained rather than focusing too much on winning, because it is a fact that the percentage of losses is much higher than wins.

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August 04, 2024, 02:22:42 AM
 #1011

I agree. Discipline is the king here, if you have a big win or a big defeat, you should stop, consider the odds, and only then make your next move.

Definitely, if anyone masters this, then he/she can make better calls in gambling. Discipline is the key factor for everyone’s life in every profession. If you lack discipline and let your ego control you, then definitely you will make losses. You need to set small targets and need to achieve them daily. Double is a good amount to take a temporary pause and reward yourself with some luxury. If you take stress or greed and gamble, then definitely you will make losses.
Setting a daily target and making sure to achieve them is a great idea indeed, but not so great idea if it has to do with gambling where one can not even be sure of the outcome of the game he or she is playing until the end of each round.

Maybe things are a bit different when it comes to sports betting, since there are always some games that can be very easy to predict who will likely be the winner at the end of the day, but this is not possible with games like slot and casino games, so, setting a daily target for such games is not necessary at all, as it can lead one into some regrettable decisions and actions.

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August 04, 2024, 06:04:38 AM
 #1012


Unfortunately, it is very common for gamblers to believe that luck is waiting around the next corner.
I mean, they always expect the next bet to be a winner, time after time. I knew a gambler who had a hard time deciding to stop, but when his brother won a big win, this guy immediately went to place bets, he thought luck was near. And unfortunately, he continued his losing path.
Thats exactly, what is misleading where some of us are sometimes overconfident by assuming that we will definitely profit if we continue to gamble without caring about our financial condition so that they continue to try again and again which is ultimately a trap.
Not a few people feel that they will continue to profit by gambling continuously because of the hope of profit in the next round but they do not realize that in the end they are given a false opportunity because they are too confident in the game they are doing.
The fact is that gambling must be realized that the defeat will be far greater than the victory that is owned so that even though it is good enough because we are confident in the round that is done but in the end we must also realize that in gambling we only depend on luck and do not force luck when you feel that you have lost it would be better to stop and try another time.

I think rationally all of that happened because of excessive expectations of big wins that were initially based on a wrong understanding of how gambling really is, in any case misunderstandings can very likely trigger wrong actions that will lead us to something we don't want. And of course when someone has a high level of expectation then they will not care too much about their financial condition, they even dare to risk the last amount of money they have instead of using it for something more important.

Another thing related to the people you said who feel that they will continue to win are basically those who do not have a true understanding of gambling and how luck works so they continue to bet and feel that a much bigger win is near. That's why I would say that understanding is one of the keys to avoiding various impulsive actions, there is no connection between previous results and subsequent results especially when you bet on casino games, in the end and until whenever gambling will always be about luck as you said.

I would also say that risk awareness should be prioritized and maintained rather than focusing too much on winning, because it is a fact that the percentage of losses is much higher than wins.

Also people who don't know how to maximize the use of their luck, I mean if you got that chance to win and multiply your bankrol it's best to call for the day instead of pushing forward, those who thinks that they will continue to win more will eventually lose everything back and that's the common behavior where addiction begins.

Always have that good grasp of understanding to prevent making that same mistake, losing is something quite usual but also, winning can be a part of it if you know how to value and use your luck wisely.

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August 04, 2024, 05:06:44 PM
 #1013

Thats exactly, what is misleading where some of us are sometimes overconfident by assuming that we will definitely profit if we continue to gamble without caring about our financial condition so that they continue to try again and again which is ultimately a trap.
Not a few people feel that they will continue to profit by gambling continuously because of the hope of profit in the next round but they do not realize that in the end they are given a false opportunity because they are too confident in the game they are doing.
The fact is that gambling must be realized that the defeat will be far greater than the victory that is owned so that even though it is good enough because we are confident in the round that is done but in the end we must also realize that in gambling we only depend on luck and do not force luck when you feel that you have lost it would be better to stop and try another time.
therefore being too confident in gambling can also cause us to experience losses that would not actually happen if we were not too confident and did not fully expect gambling. excessive self-confidence can indeed make us always think that we can get a definite win in gambling, even though we have experienced defeat, but because of that strong self-confidence, it makes us continue to gamble again and again, but the victory in gambling that is not certain is still the same, it will not be easy to get even though we are confident.
what you said is true, indeed the chances of losing are greater than winning, this must be realized and remembered so that we continue to have good control so that the gambling that is done remains within certain limits and does not make us experience financial difficulties. forcing luck to happen is impossible, because what is called luck will only happen occasionally and no one knows for sure when luck will occur besides that gambling is a large percentage that depends on luck about its victory.
This is what needs to be avoided because although confidence is good but we also have to be introspective and of course we must realize that in the end in gambling there will definitely be more losses when compared to wins in terms of ratio so we don't need to feel overconfident because it makes us lose control of the gambling we do.

Gambling although it looks simple but actually it needs a lot of things to consider including self-confidence. Thinking that we will always win is not wrong but I don't think it is right because it is precisely with that that we ourselves who ultimately lose momentum and cannot distinguish which gambling should continue and where you have to stop when you lose. Many gamblers are trapped in this situation because it starts with those who are too confident in gambling so they don't realize that they have fallen into the wrong thinking which makes them lose money unconsciously and even allows them to become a gambling addict.

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August 04, 2024, 07:03:03 PM
 #1014


Definitely, if anyone masters this, then he/she can make better calls in gambling. Discipline is the key factor for everyone’s life in every profession. If you lack discipline and let your ego control you, then definitely you will make losses. You need to set small targets and need to achieve them daily. Double is a good amount to take a temporary pause and reward yourself with some luxury. If you take stress or greed and gamble, then definitely you will make losses.
Setting a daily target and making sure to achieve them is a great idea indeed, but not so great idea if it has to do with gambling where one can not even be sure of the outcome of the game he or she is playing until the end of each round.

Maybe things are a bit different when it comes to sports betting, since there are always some games that can be very easy to predict who will likely be the winner at the end of the day, but this is not possible with games like slot and casino games, so, setting a daily target for such games is not necessary at all, as it can lead one into some regrettable decisions and actions.

Exactly, I agree with your opinion, basically setting a target achievement is indeed a good idea as you said, but actually the idea will be a bad idea when we bring it to gambling, we are of the same understanding in this case where there is no certainty whatsoever about what will happen at the end of the session, or simply there is no guarantee whatsoever in terms of victory, the point is that victory is indeed something that you might get but the possibility of defeat will also continue to lurk and become a definite possibility to happen at any time.

One of the reasons why setting a target for the number of wins is something that I think is not recommended is because the target for the number of wins is not much different from the goal of pursuing victory, so what is feared is that the idea will challenge you to try to do everything to achieve the target while as we know that the results of the game will not always be on our side, and also even if for example we are lucky but not necessarily our level of luck will be able to reach the target number of wins that you expect and that can trigger greed. So gamble as usual, in the sense of not setting any targets but still for risk management issues must be a top priority regardless of where you bet especially casino games.

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August 04, 2024, 07:29:08 PM
 #1015

I agree. Discipline is the king here, if you have a big win or a big defeat, you should stop, consider the odds, and only then make your next move.

Definitely, if anyone masters this, then he/she can make better calls in gambling. Discipline is the key factor for everyone’s life in every profession. If you lack discipline and let your ego control you, then definitely you will make losses. You need to set small targets and need to achieve them daily. Double is a good amount to take a temporary pause and reward yourself with some luxury. If you take stress or greed and gamble, then definitely you will make losses.
Setting a daily target and making sure to achieve them is a great idea indeed, but not so great idea if it has to do with gambling where one can not even be sure of the outcome of the game he or she is playing until the end of each round.

Maybe things are a bit different when it comes to sports betting, since there are always some games that can be very easy to predict who will likely be the winner at the end of the day, but this is not possible with games like slot and casino games, so, setting a daily target for such games is not necessary at all, as it can lead one into some regrettable decisions and actions.
Making up some targets arent really that a bad thing or rather this is something which is really that recommended because on the moment that you are really that dealing up with gambling
on which of course that luck would really be huge factor or main factor whether you would really be winning up or not. Daily limits incase of losing then it would really be just turn out to be standard.
Never make yourself that being too delusional that you could really be able to double your money and quit. On the time or moment that you would really be finding up yourself on such condition
on where you are eager on winning up on your gambling session then you would really be definitely be having some issues in regarding to that. Move according into your own awareness
on which each of us does have their own decisions and preference when doing gambling. So better stick into that as long it wont really be that wrecking you.

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August 04, 2024, 07:49:49 PM
 #1016

Also people who don't know how to maximize the use of their luck, I mean if you got that chance to win and multiply your bankrol it's best to call for the day instead of pushing forward, those who thinks that they will continue to win more will eventually lose everything back and that's the common behavior where addiction begins.
You should know that most people are always finding it difficult to stop gambling whenever they are winning. That’s why you will notice that after some people win continuously, they will still end up losing everything before they stop gambling. Some people will think it’s their lucky day whenever they are winning continuously, and they will never stop gambling, they will never be satisfied with the amount they have won until things turn around, and their lucky day turns to be a bad day.
 
When gambling, always know your limit. Even when you are winning, always know when to stop, or you will lose everything you have won back to gambling. You should know that your winning streak can’t continue when gambling, losses will definitely set in.

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August 05, 2024, 01:32:51 AM
 #1017

This is what needs to be avoided because although confidence is good but we also have to be introspective and of course we must realize that in the end in gambling there will definitely be more losses when compared to wins in terms of ratio so we don't need to feel overconfident because it makes us lose control of the gambling we do.

Gambling although it looks simple but actually it needs a lot of things to consider including self-confidence. Thinking that we will always win is not wrong but I don't think it is right because it is precisely with that that we ourselves who ultimately lose momentum and cannot distinguish which gambling should continue and where you have to stop when you lose. Many gamblers are trapped in this situation because it starts with those who are too confident in gambling so they don't realize that they have fallen into the wrong thinking which makes them lose money unconsciously and even allows them to become a gambling addict.
true what you said, and I think not only in gambling, but with other things in our daily lives, it is the same, it is not good if you are too confident, sometimes the results are disappointing and can make us embarrassed or upset. as you said, everything must be done carefully and there must still be a sense of self-awareness.
indeed gambling looks simple because if it is said that it is only about winning and losing, but in reality it is not just about winning and losing, but there are many things that must be considered because if not, of course there will be mistakes and what happens is a problem that can occur and can even destroy our survival. therefore we must be able to consider everything by not allocating a lot of money to gambling, so allocate a sufficient amount of money to gambling, then everything will be fine. excessive self-confidence can certainly make them unconsciously become gambling addicts, thinking that they can win when they have experienced defeat and continuing like that will only make themselves trapped in gambling.

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danherbias07
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August 05, 2024, 04:30:57 AM
 #1018

Also people who don't know how to maximize the use of their luck, I mean if you got that chance to win and multiply your bankrol it's best to call for the day instead of pushing forward, those who thinks that they will continue to win more will eventually lose everything back and that's the common behavior where addiction begins.
You should know that most people are always finding it difficult to stop gambling whenever they are winning. That’s why you will notice that after some people win continuously, they will still end up losing everything before they stop gambling. Some people will think it’s their lucky day whenever they are winning continuously, and they will never stop gambling, they will never be satisfied with the amount they have won until things turn around, and their lucky day turns to be a bad day.
 
When gambling, always know your limit. Even when you are winning, always know when to stop, or you will lose everything you have won back to gambling. You should know that your winning streak can’t continue when gambling, losses will definitely set in.

True. That had always been the case. Greed is winning in their emotional swings and it's not easy to stop it.
The real problem starts when you are winning because you don't know what to do next. I think I have been in that situation many times and I know how difficult it is to decide if I will continue or if should I just stop and withdraw.
Recently, I tripled my balance after winning x400 in one of the games in slots, I want to withdraw but the problem is the wagering amount and that halts me from walking out. So, I had no choice but to keep on playing until I found myself losing almost every profit that I had. Luckily, I won one more time but I only exited with double the money. Sometimes, it's the system that keeps us from withdrawing which is the sad part about the rules of wagering.

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junder
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August 05, 2024, 05:30:56 AM
 #1019


I think rationally all of that happened because of excessive expectations of big wins that were initially based on a wrong understanding of how gambling really is, in any case misunderstandings can very likely trigger wrong actions that will lead us to something we don't want. And of course when someone has a high level of expectation then they will not care too much about their financial condition, they even dare to risk the last amount of money they have instead of using it for something more important.

Another thing related to the people you said who feel that they will continue to win are basically those who do not have a true understanding of gambling and how luck works so they continue to bet and feel that a much bigger win is near. That's why I would say that understanding is one of the keys to avoiding various impulsive actions, there is no connection between previous results and subsequent results especially when you bet on casino games, in the end and until whenever gambling will always be about luck as you said.

I would also say that risk awareness should be prioritized and maintained rather than focusing too much on winning, because it is a fact that the percentage of losses is much higher than wins.

Also people who don't know how to maximize the use of their luck, I mean if you got that chance to win and multiply your bankrol it's best to call for the day instead of pushing forward, those who thinks that they will continue to win more will eventually lose everything back and that's the common behavior where addiction begins.

Always have that good grasp of understanding to prevent making that same mistake, losing is something quite usual but also, winning can be a part of it if you know how to value and use your luck wisely.

What you said is true, making the decision to cash out early when we succeed in winning is a very wise action, this is none other than the perfect combination of prevention aspects so that we do not end up with regret and the following by helping ourselves to be able to enjoy the results of the victory, and this is also one of the reasons why I said that focusing on risk is much more important than continuing to think about victory, because by shifting focus completely to risk then you will prioritize various forms of action that lead to prevention, for example when you are in a winning situation.

I would say that making the decision to cash out early before everything ends in regret is a wise decision which indirectly is an action that is the same as you appreciating the luck that has come to you.

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betswift
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August 05, 2024, 05:34:52 AM
 #1020

Also people who don't know how to maximize the use of their luck, I mean if you got that chance to win and multiply your bankrol it's best to call for the day instead of pushing forward, those who thinks that they will continue to win more will eventually lose everything back and that's the common behavior where addiction begins.
You should know that most people are always finding it difficult to stop gambling whenever they are winning. That’s why you will notice that after some people win continuously, they will still end up losing everything before they stop gambling. Some people will think it’s their lucky day whenever they are winning continuously, and they will never stop gambling, they will never be satisfied with the amount they have won until things turn around, and their lucky day turns to be a bad day.
 
When gambling, always know your limit. Even when you are winning, always know when to stop, or you will lose everything you have won back to gambling. You should know that your winning streak can’t continue when gambling, losses will definitely set in.


Totally! People should think before leaping into the action themselves, emotions, good and bad, lead to consequences that won't be pleasant to remember. A win is a win, and it should be noted before continuing and making a decision on what to do next.

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