What are the biggest mistakes made by beginners in online gambling? How can they

[joniboini]

It is interesting that so many opinions about mistakes in gambling can also apply to other areas, such as investment or trading. Choosing the wrong exchange is equivalent to choosing the wrong casino, gambling with money they can't afford to lose is the same as opening a position with money they can't afford to lose, and so on. If this assumption is correct, maybe anyone with some degree of experience in trading/investment will quickly realize what they should avoid if they don't want to lose too much money.

I guess you can say that greed is the root of all of this, as mentioned above. Sadly controlling greed is not as easy as copy-pasting articles on the internet. Even I fall for rationalization more often than not, even though I realize that doing so is risky.

[Zanab247]

Here are some of the mistakes beginners make in gambling some time, which they need to avoid them to stay long in gambling.
1) Continue betting when losing in the gambling: Whenever you encounter losing in your online gambling, all you need to do to avoid losing your money is to stop gamble through out the day to know what really caused the loss, I believe you will begin to get it right as a beginner.


2) Ensure you have a budget in your gambling: If you don't want to make mistakes in your gambling that will make you regret as a gambler  ensure you have a budget in your gambling, like the amount you will be using to gamble a day either winning or loosing, you will not gamble above that amount of money.


3) Never you borrow money to gamble: Many gamblers use to fall victims on this one some time because is very difficult to avoid in gambling, but try your best to avoid it, and if you don't have money to gamble you can use the opportunity to research to get more tactics on how to win in the gambling.

[MAAManda]

What are the biggest mistakes made by beginners in online gambling? How can they be avoided?

The biggest one should be the most basic one, based on my experience from several stories of my newbie friends who play gambling, they always think that they can be different and win every gambling session. This kind of thinking should not exist considering that luck also has a correlation with odds, or RTP if we talk about slots.

The way to avoid the mindset like I said is to realize that gambling is completely about luck and also calculation (if in sports betting), remain logical in gambling, don't lose control of yourself over your gambling.

[Findingnemo]

Most common mistake of a beginner is picking scam/shady casino to start their gambling experience. I even saw people from social media promotes fake casinos and investment and this is giving the exposure to people who have no idea about what is gambling but they will be interested in trying cause the people they follow suggested them to do.

Stop promoting scam platforms and let's save those innocent followers...

[hedgeh0g]

Most common mistake of a beginner is picking scam/shady casino to start their gambling experience. I even saw people from social media promotes fake casinos and investment and this is giving the exposure to people who have no idea about what is gambling but they will be interested in trying cause the people they follow suggested them to do.

Stop promoting scam platforms and let's save those innocent followers...

I always feel sad when I see stories like this about how players went to a fraudulent gambling site because they didn’t recognize it by its appearance and found a link somewhere on the Internet or social networks, and there the page was simply copied and with a lot of fake subscribers. Also, some new players fall for scammers' tricks such as private messages. Scammers write to them with a photo of a young girl and after a short conversation she gives him a link. After all, as you know, many young people can buy their appearance on a social network. I hear about this all the time and wonder when it will stop, but probably never, or until people learn basic safety skills. In short, I agree that this is the worst thing for a beginner. The gambling industry is losing this player for a long time due to the fear of falling for the same or a similar trick again. And the scammers, after making such terrible money, will continue to do this because they received rewards. Everyone tries hard except the scammers.

[Doan9269]

Most common mistake of a beginner is picking scam/shady casino to start their gambling experience. I even saw people from social media promotes fake casinos and investment and this is giving the exposure to people who have no idea about what is gambling but they will be interested in trying cause the people they follow suggested them to do.

Stop promoting scam platforms and let's save those innocent followers...

That's true, its not every online gambling website we are to trust, some are not offering us anything than to deceive new members to register and make deposit on their platform, such will have no withdrawal permission, poor customers service and the platform as well will not be properly developed and structured not to talk of the user interface, all they mostly do is to engage influencers to help advertise what they do and make use of ads and other social links to make people click and register with them online.

[Nwada001]

What are the biggest mistakes made by beginners in online gambling? How can they be avoided?

One of their mistakes that always leads to regret is not taking T&C very seriously. A lot of newbie gamblers are only focused on what they could get from the casino rather than what the casino can hold against them.
 
Some of them just slide into a casino through a link they saw online, either from influencers who are paid to promote the casino or from some random bonus link they receive, and they decide to register and take advantage of the bonus that has been given without checking the pros and cons of the casino, which means they might end up wasting their time and still getting banned at the end of the day.

[Reid]

Too greedy. They think gambling is meant to make money but that is totally wrong.
Gambling is meant to be enjoyed and not to a milking cow because we cannot milk them as the house edge will always be there to defeat us.
Even if we win today, once we go back we can feel that every ounce of what we made/profited is being taken back like there's a black hole sucking it in.
We should be wiser than that. When we win in a casino game, let's choose a different path where the gambling site's system would not have the power to control it. Sports betting for example.

[TheUltraElite]

What are the biggest mistakes made by beginners in online gambling? How can they be avoided?

The biggest mistake is taking gambling as a method to make money while it is actually fun and entertaining and should be kept limited to that only. Unfortunately people who hunting for free bitcoins often end up in these sites following a random affiliate link and then waste money on the games to lose everything.

Go to Vegas once a year and spend some money there but no need to login to casino everyday to attempt that.

This can easily be avoided, but without prior knowledge of how casinos work, this might take some time for naive people.

[qwertyup23]

What are the biggest mistakes made by beginners in online gambling? How can they be avoided?

Here are some of the mistakes that I think a beginner could experience:

• Beginners often have high expectations in gambling to the point that they think that they can win every time they gamble;
• Overspending or going beyond the budget allocated for gambling;
• Beginners tend to chase their losses by betting again;
• They often go all out since they do not understand the nature of gambling; and
• Being overconfident.

There are still lots of factors that beginners make whenever they try to gamble but I submit that chasing your losses by gambling and overspending beyond your means are the biggest mistakes that they may experience. Gambling is a game of chance- meaning the result can always go either direction depending on your luck. Newbies lack experience so they tend to have high expectations of winning the jackpot, so, they tend to continuously gamble until they get what they have hoped for.

[Findingnemo]

Most common mistake of a beginner is picking scam/shady casino to start their gambling experience. I even saw people from social media promotes fake casinos and investment and this is giving the exposure to people who have no idea about what is gambling but they will be interested in trying cause the people they follow suggested them to do.

Stop promoting scam platforms and let's save those innocent followers...

That's true, its not every online gambling website we are to trust, some are not offering us anything than to deceive new members to register and make deposit on their platform, such will have no withdrawal permission, poor customers service and the platform as well will not be properly developed and structured not to talk of the user interface, all they mostly do is to engage influencers to help advertise what they do and make use of ads and other social links to make people click and register with them online.

Social media influencers turning into a second hand scammers by helping a scam platforms to loot the people and in my opinion they should be punished to stop these kind of scams by the respective governments.

Even in bitcointalk there are few casinos who still manages to scam people even after hundreds of open scam accusations against them which shows how people were ignorant when picking things online.

[Juse14]

Betting carelessly, betting without doing a thorough analysis, betting without using a strategy and betting non-stop. This is what beginners often do when gambling or betting.

Although gambling or betting is a game of chance, and luck plays a quite important role in every win. However, to increase the chances of winning, we must continue to improve our strategy and skills in gambling and betting. Likewise with beginners, they have to improve their style and skills in gambling. However, behind all that, there are things that are more important than improving strategy and skills in gambling, namely self-control and good emotional control, so that you can be wiser in gambling and know when to play and when to stop.

[len01]

not sure whether anyone has answered it or not, what I know from several cases of mistakes that beginner gamblers often make is just thinking instantaneously or considering gambling as the easiest place to make money.
and the bad thoughts that beginner gamblers have usually arise after they are not initially gamblers but too often they see someone gambling or see streamers who earn money very easily, a beginner gambler's ambition becomes very big and it seems as though they feel challenged to try gambling.
without realizing it, novice gamblers don't have any problems and end up forcing themselves to try gambling using money they can't afford to lose and in the end feel angry and regretful and want to chase after their losses assuming they want to get their money back.
and this is a bad start for novice gamblers who don't have much experience who dare to try gambling without any knowledge.
but also many beginner gamblers are lucky enough to get big wins even though they gamble without any knowledge and these big wins can give beginner gamblers an addiction because after winning, a beginner gambler thinks that it is really easy to get money from gambling even though he doesn't know how big the risks are in the long term.

the way to overcome this problem is quite simple, namely, try to gain knowledge about the various risks in several types of gambling games, such as the risks in games of luck and also the risks in games of skill.
after that, try to see how gambling works to find out what you have to control yourself so as not to spend too much money.
after some understanding you can understand it try to always think this is just a game of luck not a place to make money.

[goaldigger]

What are the biggest mistakes made by beginners in online gambling? How can they be avoided?

Being too excited about their winnings and forget how to take profit.
This is the usual mistakes because they can’t still control their emotions and this is also happening in physical casinos. The only wait to avoid it is to learn how to be more professional and responsible. In gambling you should always have your limit and strategy because its not always about betting, it’s also about controlling yourself not to be greedy.

[wheelz1200]

What are the biggest mistakes made by beginners in online gambling? How can they be avoided?

Beginners luck.  A lot of people win right off the bat and think that's how easy it will always be.  A lot of those players get hooked and make dumb decisions trying to replicate the same experience.  It's tough to tell someone that like that how easy it is to lose because they base their decisions on experience and greed is terrible to try to overcome. 

[stomachgrowls]

What are the biggest mistakes made by beginners in online gambling? How can they be avoided?

Being too excited about their winnings and forget how to take profit.
This is the usual mistakes because they can’t still control their emotions and this is also happening in physical casinos. The only wait to avoid it is to learn how to be more professional and responsible. In gambling you should always have your limit and strategy because its not always about betting, it’s also about controlling yourself not to be greedy.

Or simply being that too greedy on which this is something the most common mistake that every beginners or even with those older gamblers or veterans on the time that they do gamble on which there would really be that common urge on wanting for more profits on which this is something that you would really be coming after as always. This isnt really that shocking thing on where you would really be aiming for profits.
People would really be only making out those kind of realizations on the time that they would really be suffering with those unfortunate conditions but on the time that they arent still that experiencing such stuff
then they would really be continuing no matter what on which this is really something a mistake. This is why it would really be better to be wary with your actions if you dont really like to mess up yourself
because this is where gamblers do usually that experiencing those life unfortunate conditions when you do tolerate that much in speaking about gambling addiction due to greed.

[decodx]

OP, what did I tell you in my first reply in this thread? Lots of boring lectures and blah, blah, blah posts about responsible gambling and budgeting - exactly as I predicted. Hahaha!

[DaNNy001]

One common mistake I've seen lots of gambling newbies make in online gambling site is, that they are beginning to develop skills and wining strategy by studying the game, which will make them gamble more, and each time they come up with a mindset that they have learnt new strategies. I often laugh to my satisfaction whenever I am being presented with these idea by newbies. Unknown to them that they could easily get addicted if they keep on thinking they are learning winning strategies, while the major overall outcome of their gambling experience is a huge loss. The earlier they realise that gambling is a game of luck and not a skilled game, the better for them.

[alastantiger]

Some of the mistakes beginners make while gambling is what I will be explaining below

1). Choosing the wrong casino: This is one mistake most gambling make by failing victim to scam or phishing casinos (i.e 1xbet), and as such, end up losing their money after luckily winning a bet and then the casino fail/refuse to process your withdrawal, but always willing to accept your deposit. And the difference between these scam & real casinos are always in a slight alteration in it's URL (i.e www.stake.com & www.stake.org or net) where one happens to be the real and the other fake

How then should a beginner choose the right casino. Even on this forum, 1xbet was advertise and other casinos that users have complained of scamming them. I think that choose a right casino is to ask the right questions to the right people. The right person to ask is an experienced gambler.

2). Not having a gambling budget: This has been one big major problem affecting lots of gamblers globally, where they fail to plan how much they will gamble either daily, weekly or monthly, and due to failure of this, they end up spending much on gambling far above what they ought to have spent.

On the other side of not creating a gambling budget is not tracking your gambling expenses. They look the same but they are not. Some gamblers have their gambling budget in their head, some wrote it at the back of their bet slip all of which are susceptible to loss and damages. I think the right thing to do is to keep track of the gambling expenses on a excel spreadsheet. I am using excel because it is the simplest to assess. At the end of 3 months the beginner can return to the sheets and know how much has been spent and how much profit they made form gambling.

[passwordnow]

not sure whether anyone has answered it or not, what I know from several cases of mistakes that beginner gamblers often make is just thinking instantaneously or considering gambling as the easiest place to make money.

This is a common thought not just for old time gamblers but also for the beginners that have started their ways to gamble. They think that it's the easiest place to make money and that's why many becomes addicted to it and they start some common habits that many aren't noticing that they're doing. And one of it is becoming optimistic for every bet that they do, they think that it's going to be a good start when they'll be optimistic with their bets and even if they're already on the losing streak, they're not going to stop because they're optimistic.
So, so much optimism is also bad when it is loud and clear that you're on a bad day and losing streak that keeps on coming.
When you won't stop at that day, you'll incur more losses and that's a mistake that many does, so there's no exemption on it and the acceptance that you're having a bad day with full of losing streaks is a pill that's hard to swallow.
You think that there's still ways that you'll able to recover which is true but you have no idea if those ways are going to give you full recovery for which most gamblers have accepted it that when you lose, then forget about those and start somewhere else. Many will agree that it is one of the biggest mistakes that many are doing, thinking that gambling is like a cash cow to them where they'd just land and get money with just few bets but in the end, the opposite happens and they're losing more money instead.