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Author Topic: Double your money and quite  (Read 3658 times)
South Park
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July 02, 2024, 08:01:45 PM
 #721

At the same time, playing more and more gambling, the gambler pays a commission to the casino, which eventually becomes a rather hefty amount.
Therefore, I sometimes thought that the minimum commission will be charged to the gambler if he enters the casino, makes one bet on red or black, and after receiving the result leaves the casino) and after all, everything is logical - the gambler with this method will have the greatest chance of winning, in fact it will be almost 50-50. to me, these are quite excellent odds in the casino.
But compared to trading, these are very poor chances.

Unlike betting on red or black in trading you have the opportunity to analyze more widely, so the chances of making money can be higher. But do not forget that in trading there are risks that do not depend on you in any way. If you take these risks into account, the probability of losing everything you have invested is also high. Gambling and trading are high-risk activities, so do not use more money in these activities than you can afford to lose.
This is a problem with most gamblers and traders, they are so convinced about the results they think they can get, they forget that both trading and gambling are high risk activities that if they are not careful it could cause them huge losses, something that happens relatively often, especially to those that ignore those risks willingly, so the best we can do is to remain cautious towards both of them, only gamble the money we can spare and not a single additional dollar.
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July 03, 2024, 02:16:26 AM
 #722

This is a problem with most gamblers and traders, they are so convinced about the results they think they can get, they forget that both trading and gambling are high risk activities that if they are not careful it could cause them huge losses, something that happens relatively often, especially to those that ignore those risks willingly, so the best we can do is to remain cautious towards both of them, only gamble the money we can spare and not a single additional dollar.

Gambling possess lots of effects on a player just like trading would do to a trader. These are fast rewarding activities that promises easy doubling of money with high risk. Because its fast and can be done without getting reviewed, people would consider doing it often. This also affects the way a player gets disciplined about the process of generating wealth. Staying in gambling for a while could make a person lose the chill of trying out other methods of making money. Due to how it was structured to give out money. At a time when a person doesn't pay much attention on his other methods or means of income, he could have a financial problem. Such thing happen to the rich people. Those that focus more on gambling and end up not giving their job enough time, probably develop issues and accumulate losses.

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July 03, 2024, 04:19:22 AM
 #723

I agree with you, you have tried to say the inner speech of a gambler. The gambler tries to make a profit and once they are the winner they try to win more and more. Maximum users follow the same steps only a few gamblers might be optional who may stop gambling at a time whether after a big win or after a big loss on gambling.
Can we blame those people, though? I mean who wouldn’t want to have 10x their money right now? If you have the chance to do it, you would. But the thing is there are risks and consequences and not totally free.

Still greed plays a huge part in all of our activities. Sometimes we need to be humbled first and gets slapped by reality to really see how things should be approached.

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bubilas
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July 03, 2024, 04:35:00 AM
 #724

I agree with you, you have tried to say the inner speech of a gambler. The gambler tries to make a profit and once they are the winner they try to win more and more. Maximum users follow the same steps only a few gamblers might be optional who may stop gambling at a time whether after a big win or after a big loss on gambling.
Can we blame those people, though? I mean who wouldn’t want to have 10x their money right now? If you have the chance to do it, you would. But the thing is there are risks and consequences and not totally free.

Still greed plays a huge part in all of our activities. Sometimes we need to be humbled first and gets slapped by reality to really see how things should be approached.

That's right, and anyone who knows the laws of probability theory or statistics will understand that if he won at the casino, and is currently in profit, then he was just able to get a very rare chance that few players get. Or rather, an absolute minority. And if such a gambler also wants to increase this profit, then he must understand that most likely fate will no longer be favorable.
After all, it is very rare for a gambler to get a lucky chance twice in a row. That's why I think it's necessary to leave the casino after the first win.

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ethereumhunter
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July 03, 2024, 07:32:52 AM
 #725

I agree with you, you have tried to say the inner speech of a gambler. The gambler tries to make a profit and once they are the winner they try to win more and more. Maximum users follow the same steps only a few gamblers might be optional who may stop gambling at a time whether after a big win or after a big loss on gambling.
Can we blame those people, though? I mean who wouldn’t want to have 10x their money right now? If you have the chance to do it, you would. But the thing is there are risks and consequences and not totally free.

Still greed plays a huge part in all of our activities. Sometimes we need to be humbled first and gets slapped by reality to really see how things should be approached.
We can't blame those people who still trying to playing gambling and wants to make money from gambling. That's a normal things if they thinks like that because they see gambling can gives them a chance to wins some money so they will decides to keeps playing gambling. They believe that someday, they will wins some money although they dont' have a right time when that can happens.

Those people wants to makes a big money from gambling and although they knows about the risks, they accept that and keeps playing gambling. But yes, greediness takes a big part of them to keeps playing gambling, even if they already wins some money, they will still playing gambling and chase more winning. Double your money will not happens easily in gambling because gambling is not design to gives a big chance for you to double your money. So it is better you quit gambling after you playing gambling for some time.

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July 03, 2024, 09:51:05 AM
 #726

~
If the purpose of gambling is to multiply then it is wrong, if the purpose is for fun then it does not care about losing because the fun has been done in gambling....
It is enough if we have played never force it because we know it will lead to defeat when there is even a small victory at least rest again tomorrow or a few days to refresh this mind that's what I do.
If there is a big win then I will immediately withdraw it leaving 10% for the game to continue.

That's what I'm doing usually too, only I leave around 20% to continue my gambling on the site, and in some cases it's enough for more than a year of me playing slots or poker or dice. Overall, "double your money and quit" is a strange concept to me, because to double my money I should go all-in with 50% chance or what? I usually don't do that, except I did it couple of times by mistake. Usually, when I double my money it means I won with a 1,000x multiplier or so, and then yes, I withdraw 80% of my balance and play with the rest. But not during the same day, rather, during the same year.

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Accardo
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July 03, 2024, 10:11:34 AM
 #727

Can we blame those people, though? I mean who wouldn’t want to have 10x their money right now? If you have the chance to do it, you would. But the thing is there are risks and consequences and not totally free.

Still greed plays a huge part in all of our activities. Sometimes we need to be humbled first and gets slapped by reality to really see how things should be approached.

That's right, and anyone who knows the laws of probability theory or statistics will understand that if he won at the casino, and is currently in profit, then he was just able to get a very rare chance that few players get. Or rather, an absolute minority. And if such a gambler also wants to increase this profit, then he must understand that most likely fate will no longer be favorable.
After all, it is very rare for a gambler to get a lucky chance twice in a row. That's why I think it's necessary to leave the casino after the first win.

What if the first win doesn't show up early, does that mean the player would get stuck in the game. Winning is something that randomly occur and it's not simple to know when it'll become. Instead of waiting for the first win alone, the player can devise a time to stop. Whether winning or Lossing. This then helps the gambler to be conscious of his actions. Some newbies don't mind, but face the win, even though it arrives, the player would still have doubts whether to continue or not. Maybe chase the next win since the first one just came in. So, having the game moderated in a range or time would help the player to be disciplined.

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July 03, 2024, 10:57:48 AM
 #728

I agree with you, you have tried to say the inner speech of a gambler. The gambler tries to make a profit and once they are the winner they try to win more and more. Maximum users follow the same steps only a few gamblers might be optional who may stop gambling at a time whether after a big win or after a big loss on gambling.
Can we blame those people, though? I mean who wouldn’t want to have 10x their money right now? If you have the chance to do it, you would. But the thing is there are risks and consequences and not totally free.

Still greed plays a huge part in all of our activities. Sometimes we need to be humbled first and gets slapped by reality to really see how things should be approached.

That's right, and anyone who knows the laws of probability theory or statistics will understand that if he won at the casino, and is currently in profit, then he was just able to get a very rare chance that few players get. Or rather, an absolute minority. And if such a gambler also wants to increase this profit, then he must understand that most likely fate will no longer be favorable.
After all, it is very rare for a gambler to get a lucky chance twice in a row. That's why I think it's necessary to leave the casino after the first win.
In gambling, winning and losing happen randomly. A gambler will never know when he can win as there is no set pattern. What if he doesn't win after gambling for a long time? What I understand is that first I need to remove the thought of getting money from gambling. Although this would be difficult for most gamblers to do. But if they reduce their expectations from gambling, gamblers' losses may also decrease. And the control depends entirely on the gambler himself. If he gets too greedy, he won't have time to lose the money he wins or the more he wins. No one gets consecutive wins in gambling, but if luck is good, several consecutive wins can be achieved.

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July 03, 2024, 11:41:04 AM
 #729



What if the first win doesn't show up early, does that mean the player would get stuck in the game. Winning is something that randomly occur and it's not simple to know when it'll become. Instead of waiting for the first win alone, the player can devise a time to stop. Whether winning or Lossing. This then helps the gambler to be conscious of his actions. Some newbies don't mind, but face the win, even though it arrives, the player would still have doubts whether to continue or not. Maybe chase the next win since the first one just came in. So, having the game moderated in a range or time would help the player to be disciplined.

Often, here on the forum, you can see the opinion that if a gambling player got a victory at the beginning of his journey, then most likely he will stay in gambling for a long time.
But after listening to the opinion of avid ludomaniacs, I now believe that this is not the case. Avid ludomaniacs, who know perfectly well what addiction is, say that it is bad for a novice gambler to experience a series of losses. The fact is that then the gambler begins to think that gambling is not fair to him, and luck has turned against him. And this inflames the gambler's excitement and he starts playing and playing, demanding winnings from the casino.

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July 03, 2024, 12:13:45 PM
 #730

I agree with you, you have tried to say the inner speech of a gambler. The gambler tries to make a profit and once they are the winner they try to win more and more. Maximum users follow the same steps only a few gamblers might be optional who may stop gambling at a time whether after a big win or after a big loss on gambling.
Can we blame those people, though? I mean who wouldn’t want to have 10x their money right now? If you have the chance to do it, you would. But the thing is there are risks and consequences and not totally free.

Still greed plays a huge part in all of our activities. Sometimes we need to be humbled first and gets slapped by reality to really see how things should be approached.
I want x1000. Yes, you are right we cannot blame those who want more, it's part of gambling.

Well, there are those who get lucky when they apply their greed but it's a rare occasion because the house edge will always be there. In my own experience, there's always that losing streak that will happen after a big win which is why we must be careful of our next move. It's not like the gambling sites are a charity that will keep on giving us, it's the other way around.
When we see profits and we are contented with it, get out. I think that's what a gambler should ask himself. Am I done? Is this profit enough for me? Should I go for more?
Today, I won $5 and I am quite content with it. I will play again tomorrow.

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July 03, 2024, 12:57:08 PM
Last edit: July 03, 2024, 01:20:10 PM by Accardo
 #731



What if the first win doesn't show up early, does that mean the player would get stuck in the game. Winning is something that randomly occur and it's not simple to know when it'll become. Instead of waiting for the first win alone, the player can devise a time to stop. Whether winning or Lossing. This then helps the gambler to be conscious of his actions. Some newbies don't mind, but face the win, even though it arrives, the player would still have doubts whether to continue or not. Maybe chase the next win since the first one just came in. So, having the game moderated in a range or time would help the player to be disciplined.

Often, here on the forum, you can see the opinion that if a gambling player got a victory at the beginning of his journey, then most likely he will stay in gambling for a long time.
But after listening to the opinion of avid ludomaniacs, I now believe that this is not the case. Avid ludomaniacs, who know perfectly well what addiction is, say that it is bad for a novice gambler to experience a series of losses. The fact is that then the gambler begins to think that gambling is not fair to him, and luck has turned against him. And this inflames the gambler's excitement and he starts playing and playing, demanding winnings from the casino.

Newbie gamblers tend to be close with addictive players. Said this because I can't think of where the idea of going compulsively into gambling comes from, if not from compulsive players. Most of them within them think of excessive gambling as the only solution for recovering their lost money. A new player who haven't experienced wins may have two options in mind; moving further or quiting gambling completely. It's also true to assume that such gamblers can be trapped to go compulsively if they begin to win at their early stages into the game. It's all a game of mind, but the casino also find its way of compensating those who don't win, to keep them still participating in the game.

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July 03, 2024, 01:08:55 PM
 #732

For me, when I play, I enter with the intention of double the amount of money and stop. This method may be followed by some people, and I do it sometimes. I determine the amount of money that I will gamble with, for example $100 and I try to get $200 and leave the casino or site if the plan worked  very well. If I am unlucky, once I lose $100, I will leave without adding a penny. What is interesting here is that even if I win, I stop and do not deviate from the scope of the plan. In such situations, especially when winning, the gambler may become greedy, and this may change the course of the game   .

What do you think of this method?
Is there anyone among you who does it?
Give us one of your winning strategies, of course if that is possible.
In my case I have never profited in gambling because my luck is not good in gambling. So I don't want to comment on my case.
You might avoid gambling or casino when you double your bet if you have good luck. But what do you tell people who bet to double up and lose on the first bet?
But I would definitely disagree with your opinion because experienced gamblers always bet within a certain level. If he has a target fillup, they withdraw themselves from betting, and instead of betting every day of the week, they plan to bet a few days a week.

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July 03, 2024, 01:16:05 PM
 #733

For me, when I play, I enter with the intention of double the amount of money and stop. This method may be followed by some people, and I do it sometimes. I determine the amount of money that I will gamble with, for example $100 and I try to get $200 and leave the casino or site if the plan worked  very well. If I am unlucky, once I lose $100, I will leave without adding a penny. What is interesting here is that even if I win, I stop and do not deviate from the scope of the plan. In such situations, especially when winning, the gambler may become greedy, and this may change the course of the game   .

What do you think of this method?
Is there anyone among you who does it?
Give us one of your winning strategies, of course if that is possible.
But I would definitely disagree with your opinion because experienced gamblers always bet within a certain level. If he has a target fillup, they withdraw themselves from betting, and instead of betting every day of the week, they plan to bet a few days a week.
Yes those who are professional gamblers can be very conscious about losing their money even though they are excessively addicted to gambling they do not cross the limit. But those who are new to gambling become very addicted in the initial stage even lose their sense and keep betting continuously.
When a responsible gambler gambles, he chooses one gamble instead of multiple gambles and wins on that one. After winning he withdraws from it without becoming more greedy or aggressive towards money even refrains from gambling. But in the case of a novice gambler we see the opposite picture when they first win a gamble they become over addicted and gamble again and again. As a result, they end up making more losses than profits later on.

R


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July 03, 2024, 01:48:01 PM
 #734


Exactly that's the system of gambling either one win or lose , but is not everything will be winning or Losing. But when one is gambling wisely it normally reduce the chances of one making more losses or losses above their budget . Just as you Said is better to win a little than to lose big when trying to win big. And the greater the chances you making huge profits or win the higher the risk so we should always focus on how to manage those risks .

Yes, but the problem is being profitable at the same time as you play, winning more and losing less per month, that's the hardest part, and although we shouldn't keep a history, what we don't forget is a normal account, that is, we will always keep track of whether we lose more or less, that's natural, so to try to have more profits than losses I say that the trick is to see the game as a business, because if in 1 day you make 2 or 3 dollars of profit, well it is profit, in the long term it becomes a big profit, and that already changes the mentality.

There is some truth in what you say, the goal of business is to maximize profits, I understand that in gambling it is really quite impossible to apply the business concept, but perhaps with this business mentality a gambler can change his approach to gambling, even though for example the profit relatively small or meaning they only get small wins and not up to 2x the initial capital amount, or maybe only 20% but they will still use that amount to then cash it in, because in business even though you get a small profit but it is much better than you losing everything without getting anything in return.

But to be able to apply the concept of an approach like that, a gambler really has to be able to completely control himself, meaning they can't fall for their emotions in the slightest because that could thwart all their plans at the start, but on the other hand I would also say that it is still something which is difficult to implement a business concept like that in a place that does not have an element of consistency in terms of producing wins.

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July 03, 2024, 03:04:00 PM
 #735

If so, then we succeed in playing discipline and not continuing to encourage gambling which will end in defeat and very painful disappointment.
Therein lies the secret, in fact I believe that we have all experienced that greed that does not let us do things right, because in part when we make any move we always want a little more, I am a person who sometimes falls into that temptation, not only in games of chance, in trading too, but most of the times that I have done it it does not go well for me, only a few times when it has turned out well for me, so that feeling must be controlled, sometimes it is good to win a little than to win nothing, it is incredible, but we ourselves are most of the time to blame for Losing our money.

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July 03, 2024, 03:25:09 PM
 #736

Exactly that's the system of gambling either one win or lose , but is not everything will be winning or Losing. But when one is gambling wisely it normally reduce the chances of one making more losses or losses above their budget . Just as you Said is better to win a little than to lose big when trying to win big. And the greater the chances you making huge profits or win the higher the risk so we should always focus on how to manage those risks
Yes, by being careful when we gamble, this will minimize our losses. Basically, every gambler knows the risks of risking their money. In essence, in this case, we have to be smart in seeing loopholes or opportunities when we play gambling. It's best that when we play, there's no need to rush, it's better if we're a little patient in this case. If we see a good opportunity and we have the potential to win, there's nothing wrong with us. bet much bigger to get big wins.

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July 03, 2024, 05:17:53 PM
 #737

If so, then we succeed in playing discipline and not continuing to encourage gambling which will end in defeat and very painful disappointment.
Therein lies the secret, in fact I believe that we have all experienced that greed that does not let us do things right, because in part when we make any move we always want a little more, I am a person who sometimes falls into that temptation, not only in games of chance, in trading too, but most of the times that I have done it it does not go well for me, only a few times when it has turned out well for me, so that feeling must be controlled, sometimes it is good to win a little than to win nothing, it is incredible, but we ourselves are most of the time to blame for Losing our money.

As a gambler, we certainly cannot escape this temptation, greed will always follow those of us who are gambling, this is something we should be aware of. because if we follow our desires. we will be immersed in the game, this is what causes many gamblers to lose some of their wealth and perhaps even fall into poverty. I have also experienced something similar like you. but fortunately I could control my lust so I didn't get carried away by the deep atmosphere of the game. It's better to stop when you lose and not chase those losses to cover up the initial losses.
EarnOnVictor
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July 04, 2024, 12:14:11 PM
 #738

At the same time, playing more and more gambling, the gambler pays a commission to the casino, which eventually becomes a rather hefty amount.
Therefore, I sometimes thought that the minimum commission will be charged to the gambler if he enters the casino, makes one bet on red or black, and after receiving the result leaves the casino) and after all, everything is logical - the gambler with this method will have the greatest chance of winning, in fact it will be almost 50-50. to me, these are quite excellent odds in the casino.
But compared to trading, these are very poor chances.

Unlike betting on red or black in trading you have the opportunity to analyze more widely, so the chances of making money can be higher. But do not forget that in trading there are risks that do not depend on you in any way. If you take these risks into account, the probability of losing everything you have invested is also high. Gambling and trading are high-risk activities, so do not use more money in these activities than you can afford to lose.
This is a problem with most gamblers and traders, they are so convinced about the results they think they can get, they forget that both trading and gambling are high risk activities that if they are not careful it could cause them huge losses, something that happens relatively often, especially to those that ignore those risks willingly, so the best we can do is to remain cautious towards both of them, only gamble the money we can spare and not a single additional dollar.
Nothing is sure for anybody in risky affairs, this is why it's good we do not put our minds highly on anything that is risky but learn it and give it our best shots as much as possible as we can. Also, the right management of these risky activities will go a long way in preserving both our account and psychology. If we can achieve this then we can engage them responsibly and will ever preserve our sanity. Many have lost their sanity due to risky activities and this can only be possible due to how they take them in their minds.

If traders/gamblers could take it desperately for the money, there is no way emotion would not set in and this will always cloud their judgement into making the wrong decision due to some avoidable mistakes. It could be obvious at times too, which is why it is good that we trade/gamble with a neutral mind, and if the money comes from it, fine, if it doesn't, we can still call it a day without having much damage to us. This would have been well-tailored with the right management and plans that would lessen any damaging effects.

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July 04, 2024, 12:21:53 PM
 #739

If so, then we succeed in playing discipline and not continuing to encourage gambling which will end in defeat and very painful disappointment.
Therein lies the secret, in fact I believe that we have all experienced that greed that does not let us do things right, because in part when we make any move we always want a little more, I am a person who sometimes falls into that temptation, not only in games of chance, in trading too, but most of the times that I have done it it does not go well for me, only a few times when it has turned out well for me, so that feeling must be controlled, sometimes it is good to win a little than to win nothing, it is incredible, but we ourselves are most of the time to blame for Losing our money.

As a gambler, we certainly cannot escape this temptation, greed will always follow those of us who are gambling, this is something we should be aware of. because if we follow our desires. we will be immersed in the game, this is what causes many gamblers to lose some of their wealth and perhaps even fall into poverty. I have also experienced something similar like you. but fortunately I could control my lust so I didn't get carried away by the deep atmosphere of the game. It's better to stop when you lose and not chase those losses to cover up the initial losses.

This is our psychology, we always want to set new goals: a car, an apartment, a house, a yacht... and that's why our human brain wants more and more. We are ready to forget about any money management if there is even a small chance that our dreams will be fulfilled here and now. Life is one thing and often we forget about it in an effort to just live better, but inside each of us wants to be at the top of life. Being like millionaires is why sometimes we are so vulnerable to excitement and greed.

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sompitonov
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July 04, 2024, 12:42:17 PM
 #740

If so, then we succeed in playing discipline and not continuing to encourage gambling which will end in defeat and very painful disappointment.
Therein lies the secret, in fact I believe that we have all experienced that greed that does not let us do things right, because in part when we make any move we always want a little more, I am a person who sometimes falls into that temptation, not only in games of chance, in trading too, but most of the times that I have done it it does not go well for me, only a few times when it has turned out well for me, so that feeling must be controlled, sometimes it is good to win a little than to win nothing, it is incredible, but we ourselves are most of the time to blame for Losing our money.

As a gambler, we certainly cannot escape this temptation, greed will always follow those of us who are gambling, this is something we should be aware of. because if we follow our desires. we will be immersed in the game, this is what causes many gamblers to lose some of their wealth and perhaps even fall into poverty. I have also experienced something similar like you. but fortunately I could control my lust so I didn't get carried away by the deep atmosphere of the game. It's better to stop when you lose and not chase those losses to cover up the initial losses.
Temptations will haunt any player throughout the game, he will always want to win more and win back losses, the most important thing is how the player will react and what specific actions to take. Before I enter the game, I understand that I will be faced with such questions and problems, so I am ready for psychological confrontation and struggle within myself. So that it wouldn’t be so difficult, I learned to accept loss and understand it, and besides that, it’s easy to let it go, because the main problem is the lack of skill to let go of losses.

I would also like to advise every player to ask himself a question before starting to play: if doubling doesn’t work out and I start losing, what will I do in that case? But I warn you that you don’t need to look for the answer in the game, the result will be huge losses.

R


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