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Author Topic: The real winning of gambling is withdrawals  (Read 7448 times)
hyudien
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July 21, 2024, 05:10:48 AM
 #521

It is true that by using KYC we can find out in detail whether later when we will make a transaction or withdrawal it is really safe and of course using KYC in the withdrawal system is very important so that we do not experience fraud.
And I agree with you, a gambler if at that time he gets a win that is in his mind is to immediately withdraw or cash it because that is what is awaited and it is impossible for him to just let the win be, sometimes he deposits some and some he will cash out to enjoy.
However, there are some casinos that do not require players to fill in KYC when making withdrawals, even though it is not fraud, KYC is indeed needed to be safer when making withdrawals. Apart from that, not all players can fill in the KYC proposed by the casino, there are people who are reluctant to fill it in, but if they have won and want to withdraw it, one of the conditions is that they have to fill in the KYC. I think like it or not, they have to fill in the KYC according to the steps below. the steps. I don't think casinos that don't submit KYC are unsafe, but there are indeed casinos that don't submit KYC but when making withdrawals everything is safe, no problems occur.
I doubt that when gamblers have won and immediately have thoughts of cashing it out, withdrawals become a frequent problem. Many gamblers find it difficult to withdraw winnings that have already occurred, what's more, we know that everyone definitely wants more than what they have obtained, especially with profits. Only wise gamblers can withdraw immediately when they win, the majority of gamblers find it difficult to withdraw because they still want to get more.

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July 21, 2024, 07:10:32 AM
 #522

And when the fees are surging, I'm not going to spend that much to deposit using Bitcoin. For some instances, I might send and pay that fee but not for gambling.

Well, for the gamblers that do prefer it, that's okay. No one is going to stop you from doing so. But that's also the reason why there are some alternatives and we see that the casinos are also evolving through adopting such situations.

So, it's a matter of how you'd take situations like this and if do you have some alternatives.
I will not use Bitcoin if the fees are surging and will choose to leave gambling for a while and enjoy the other activities that can gives me funs. But if I really wants to playing gambling, I will use stable coins or altcoin that have a low fees so I don't have to bother to thinks about the high fees. Many crypto gamblers choose like that to prevents to pay the high fees because they thinks that Bitcoin is worth to hold in this situation because they wants to make a big profit by selling their Bitcoin in a high price.

Casino gives us many options of the coins that we can use for depositing to our gambling account so that's why many gamblers still return to casino and keeps playing gambling even if the fees are surging. Gamblers will know what they do in that situation so they can keeps playing gambling without any problem. But we must to be wise and adapt to the current situation so we can saves our money for other things.

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July 21, 2024, 07:54:06 AM
 #523

I think everyone has greed, especially with money, of course everyone wants more than what they have got, but in gambling this greed can get them into big trouble, in fact I think in all things involving money if we are greedy we won't be able to If we get good results, it will most likely only cause us to lose or experience bigger losses. Greed can get us into trouble because feeling dissatisfied with the results we have obtained can lead to bad things, besides that, when greed takes over, it tends to make our thinking less clear, which can make us make decisions that are not well considered.

Everyone might have greed, like you said, but most people don't make decisions out of greed because the results might not be favorable but rather have terrible implications. If, for example, someone is making an investment and the person doesn't take time to study the asset and be aware of the high risk, or if the person is already aware of the high risk but feels less concerned about it and is only focused on the high profit, that can be regarded as greed. Most gamblers make wrong betting decisions because of greed. 
Indeed, when we are in unstable emotions or greed, it allows us to make decisions that tend not to be considered, so that in the end it is likely to end up disappointing or bad, not in accordance with the expectations we had in mind. Therefore, it is very important to consider things when making decisions, even though there is a chance of luck, that doesn't mean we can do it carelessly, of course everything needs good consideration, we also have to look at ourselves to be able to accept the results that tend to be inconsistent with what we think. expectations.

Greed is quite a frequent problem, many gamblers make wrong decisions when they are in an unstable state including their thoughts and emotions. It's not surprising that many people experience big losses because they gamble carelessly because it is this greed that allows them to make unwise decisions. Those who can control themselves include people who have won at gambling, because even though they have succeeded in withdrawing their winnings, there is still a feeling of wanting to gamble and even that tends to be difficult to get rid of.

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July 21, 2024, 10:47:39 AM
 #524


He used the money he won in gambling to open up new things that will make money in a stable way unlike how it goes with gambling and I think we should learn from that lesson.
Gambling is not going anywhere which means our winnings could also lose if we keep on betting either in sports or in casino games. It's better if we could somehow make something out of it and not just give it back to the casino.
I am just waiting for that big payout and I will do the same as that person did because I think it will be wise for us to secure our future especially now that we are getting older in this business.

Well, yes, it is considered the best decision to investin an asset that can generate a sustainable source of income, most especially if your capital was raised from the huge profit luckily obtained from gambling. I saw the other topic you mentioned, which was a great choice by the OP to archive better things from his huge profit from gambling. So many gamblers don't usually have the idea of investing their gambling profits when they have the chance to do so. Only a few gamblers have the courage to invest their profits in a better asset. 

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July 21, 2024, 03:22:37 PM
 #525


It all starts with those who put hope and trust in this activity so that in the end greed becomes something that is really very difficult to ignore when they manage to achieve one of the wins, and as you said, instead of cashing in the winnings, they rather choosing to continue the session again, sometimes even by increasing their multiplier to a bigger one with the aim of getting a bigger win.

Usually in most cases it is difficult for someone to ignore greed because they always feel that a much bigger victory is in sight, or is close, so this belief really makes them not hesitate when it comes to taking various aggressive decisions and actions. In the end, when their luck is gone, of course they will again lose everything they have got. So in fact, no matter how big a win you make, it is still a temporary result because in the end it is very likely that they will lose the money again.

A kind of mindset that leads them to aim for more, it's a human thing that give us such pleasures when we are in the winning side, instead of taking our profits out we push our way to bet more, and like what you said some gamblers increase their bets and multipliers thinking that by another good luck they will be able to cash out bigger amount of profit,

But, most of the time, the outcome ain't favored them and they'll just realize the mistake when everything in their bankroll already wipe out they've left empty handed.

One of the reasons why most of them always find it difficult to make the decision to cash out at the right time is yes as I said before that most of them always feel that a bigger win is in sight, and honestly I also feel it myself when At that time I was addicted, and most likely it was caused because they didn't fully know what gambling really was like.

Most likely they don't know that in gambling there is no connection between the previous result and the next result, in the sense that even though for example in the current hour you win, it doesn't mean that in the next hour you will win again, and in the end this action or greed often makes them experience a significant disappointment, how could it not be, because of course you will feel annoyed when you previously managed to achieve a number of wins but it turns out that later you ended up losing all the money again. But actually greed doesn't always end in a bad or disappointing situation, especially when you bet on a type of bet that really depends on luck, because I also had an experience where greed really led me to a bigger win, but that very rarely. But overall yes of course ignoring greed is much better.

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July 21, 2024, 03:35:00 PM
 #526

It's not possible that you make a win in gambling and unable to withdraw, something that should be in place might have been detected for being missing, only on this note could we see that some were unable to make withdrawal on their gambling account, that is why we should also have to consider the use of KYC as being very important for us to know and fulfil every conditions required for us in other to make withdrawal an undeniable request.

It is true that by using KYC we can find out in detail whether later when we will make a transaction or withdrawal it is really safe and of course using KYC in the withdrawal system is very important so that we do not experience fraud.
And I agree with you, a gambler if at that time he gets a win that is in his mind is to immediately withdraw or cash it because that is what is awaited and it is impossible for him to just let the win be, sometimes he deposits some and some he will cash out to enjoy.
It depends on the amount won that is what will determine if the gambler will withdraw it or not. Of course if it is a huge win why wouldn't any gamble rush to withdraw it when his long time dream has come to true.

If it is a small win or an average amount some gamblers might become greedy and feel that it is not enough for them and they will want to win more but they might become unlucky and loss it all to the casino. That is when they will regret not withdrawing it earlier when it was still theirs.

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July 21, 2024, 03:42:31 PM
 #527

It is true that by using KYC we can find out in detail whether later when we will make a transaction or withdrawal it is really safe and of course using KYC in the withdrawal system is very important so that we do not experience fraud.
And I agree with you, a gambler if at that time he gets a win that is in his mind is to immediately withdraw or cash it because that is what is awaited and it is impossible for him to just let the win be, sometimes he deposits some and some he will cash out to enjoy.
KYC is part of our needs as gamblers and when it is really needed, of course it would not be wrong to do it if it is related to withdrawing funds when someone wins at gambling. But when there are places that don't require this, it's clear that there's no need to do so as long as he can continue gambling safely and doesn't experience problems when making withdrawals. Apart from that, users who have carried out KYC can also easily complain to the service when their transactions experience long-term delays.

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July 21, 2024, 05:07:42 PM
 #528

Withdraw the money and pay the bills puts an end to the temptation.  You will only be richer in future when bill time comes and you have already paid it off, usually this is a virtuous cycle because it avoids interests and fees you might have otherwise fell victim to.    If you are better off then it will give more leeway to bet with in the future, you only need to bet half your spare cash at that time and take it easy.  The most likely way to lose is acting under pressure and confined by your own actions.

You are right, mate. I think a gambler should even withdraw their money and keep it in their personal account even when they don't have bills to pay yet. The reason is to prevent themselves from being tempted to gamble when they have that money in their casino's balance. For example, if one has about $300 in their casino account, they could be convinced that it is a huge amount, and before they can spend the money, they must have multiplied it by 2x, and by the time they decide to start gambling, they can lose the money or still multiply it by luck. 

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July 21, 2024, 06:43:26 PM
 #529

~snip~
One of the reasons why most of them always find it difficult to make the decision to cash out at the right time is yes as I said before that most of them always feel that a bigger win is in sight, and honestly I also feel it myself when At that time I was addicted, and most likely it was caused because they didn't fully know what gambling really was like.

Most likely they don't know that in gambling there is no connection between the previous result and the next result, in the sense that even though for example in the current hour you win, it doesn't mean that in the next hour you will win again, and in the end this action or greed often makes them experience a significant disappointment, how could it not be, because of course you will feel annoyed when you previously managed to achieve a number of wins but it turns out that later you ended up losing all the money again. But actually greed doesn't always end in a bad or disappointing situation, especially when you bet on a type of bet that really depends on luck, because I also had an experience where greed really led me to a bigger win, but that very rarely. But overall yes of course ignoring greed is much better.
Winning makes one feel great, right? It's a rush. But you dig; strung together a few Ws does not indicate you have cracked the code. Every turn and every hand, it's its own beast. All of this "winning streak" stuff is simply our narrative. The risk comes from that story becoming caught in your head. You begin to notice trends whereby none exists and follow the high of the next major score. That is a formula for disappointment, buddy. Of course, the exhilaration is real. It is a chemical response, not a financial plan, though. The dopamine hooks your brain, therefore impairing your capacity for clear thought

One can consider greed as the devil. But sometimes, a little bit of hunger can lead to something great. It's all part of the game. The chances are always set against you, though

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July 21, 2024, 06:57:09 PM
 #530

It depends on the amount won that is what will determine if the gambler will withdraw it or not. Of course if it is a huge win why wouldn't any gamble rush to withdraw it when his long time dream has come to true.
I don’t think any amount is too small for withdrawal. Sometimes, after winning a little amount of money that you are supposed to withdraw and you decide to leave it, you might be tempted to gamble with even the little amount that you have won,  which at the end you will be losing all your money back to gambling. So just because the amount won isn't really much doesn't mean you won't be making a withdrawal. Hope you know that little amounts can also clear bills, so don't wait till you hit it big before you withdraw or till you have accumulated much money.
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July 21, 2024, 07:28:28 PM
 #531

It depends on the amount won that is what will determine if the gambler will withdraw it or not. Of course if it is a huge win why wouldn't any gamble rush to withdraw it when his long time dream has come to true.
I don’t think any amount is too small for withdrawal. Sometimes, after winning a little amount of money that you are supposed to withdraw and you decide to leave it, you might be tempted to gamble with even the little amount that you have won,  which at the end you will be losing all your money back to gambling. So just because the amount won isn't really much doesn't mean you won't be making a withdrawal. Hope you know that little amounts can also clear bills, so don't wait till you hit it big before you withdraw or till you have accumulated much money.

They shouldn't be any basic amount needed for withdrawal. It all dwells on a player, if he's chosen this strategy, to withdraw whenever possible. No risk is attached, and the player has nothing to gain, except for the importance of stabilizing this withdrawal habit, such a player could recount more losses if a chance to repeat this strategy is missed. All efficient gambling method demands consistency. Look at the misconception that could follow this method; players developing doubts on a specific amount to withdraw. I'd not recommend taking all the funds, despite having a little win. Withdrawal helps in regulating the bankroll, allowing the player to enjoy his wins. Hence, the withdrawn amount isn't much of a concern.

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July 21, 2024, 08:24:55 PM
 #532

It's not possible that you make a win in gambling and unable to withdraw, something that should be in place might have been detected for being missing, only on this note could we see that some were unable to make withdrawal on their gambling account, that is why we should also have to consider the use of KYC as being very important for us to know and fulfil every conditions required for us in other to make withdrawal an undeniable request.
Please don't say that, mate. You can say that it's hard for reputable casinos to do that, but don't say it's not possible because it's been happening. Even when someone passes their KYC before depositing, follow the casino rules.
 
Once you've made a big win, it will be a shock to you when the casino comes up with a different story about why they have the right to deny you your withdrawal.
 
For example, in multi-accounting, it might just be a case of sharing the same location with another gambler, but the casino can use that as a big reason to deny someone their withdrawal. It's not new to the system, especially among some new casinos that can't keep up paying large sums as payouts every single day.

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July 21, 2024, 08:48:35 PM
 #533

And when the fees are surging, I'm not going to spend that much to deposit using Bitcoin. For some instances, I might send and pay that fee but not for gambling.

Well, for the gamblers that do prefer it, that's okay. No one is going to stop you from doing so. But that's also the reason why there are some alternatives and we see that the casinos are also evolving through adopting such situations.

So, it's a matter of how you'd take situations like this and if do you have some alternatives.
I will not use Bitcoin if the fees are surging and will choose to leave gambling for a while and enjoy the other activities that can gives me funs. But if I really wants to playing gambling, I will use stable coins or altcoin that have a low fees so I don't have to bother to thinks about the high fees. Many crypto gamblers choose like that to prevents to pay the high fees because they thinks that Bitcoin is worth to hold in this situation because they wants to make a big profit by selling their Bitcoin in a high price.

Casino gives us many options of the coins that we can use for depositing to our gambling account so that's why many gamblers still return to casino and keeps playing gambling even if the fees are surging. Gamblers will know what they do in that situation so they can keeps playing gambling without any problem. But we must to be wise and adapt to the current situation so we can saves our money for other things.
That's what I have been saying.

You can't have fun when the fees are quite high as that amount can also be part of having fun through gambling. But if you think that you can tolerate that, who the hell cares for that fees when you can afford that?

That's how we'd react to those matters when the fees are quite up. And this time, I've seen the fees went as low as 4 sats/vB and that's a good sign although it still fluctuates but not a lot.


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July 21, 2024, 09:28:21 PM
 #534

It depends on the amount won that is what will determine if the gambler will withdraw it or not. Of course if it is a huge win why wouldn't any gamble rush to withdraw it when his long time dream has come to true.
I don’t think any amount is too small for withdrawal. Sometimes, after winning a little amount of money that you are supposed to withdraw and you decide to leave it, you might be tempted to gamble with even the little amount that you have won,  which at the end you will be losing all your money back to gambling. So just because the amount won isn't really much doesn't mean you won't be making a withdrawal. Hope you know that little amounts can also clear bills, so don't wait till you hit it big before you withdraw or till you have accumulated much money.


Honestly, it is not the all amount someone would think of withdrawing from a betting account. In fact, some gambling companies have a certain minimum amount that you cannot withdraw. I don't know about others, but for me, I set a specific amount that I must reach before thinking of withdrawing. For example, if I deposit $10 into my gambling account, I won't withdraw until I make at least $50. Even if I do withdraw, I will later deposit money there again.In fact, I don't see a reason to rush to withdraw my winnings when it is not for significant profit. I even have one friend who doesn't like to withdraw his winnings unless it is after three months. And still, if his winnings are not up to $1,000, he will never withdraw them.

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July 21, 2024, 09:50:48 PM
 #535

Withdraw the money and pay the bills puts an end to the temptation.  You will only be richer in future when bill time comes and you have already paid it off, usually this is a virtuous cycle because it avoids interests and fees you might have otherwise fell victim to.    If you are better off then it will give more leeway to bet with in the future, you only need to bet half your spare cash at that time and take it easy.  The most likely way to lose is acting under pressure and confined by your own actions.

You are right, mate. I think a gambler should even withdraw their money and keep it in their personal account even when they don't have bills to pay yet. The reason is to prevent themselves from being tempted to gamble when they have that money in their casino's balance. For example, if one has about $300 in their casino account, they could be convinced that it is a huge amount, and before they can spend the money, they must have multiplied it by 2x, and by the time they decide to start gambling, they can lose the money or still multiply it by luck. 

Yes, that's good as a preventive idea, but I don't think I would include this idea in the effective group in terms of upholding preventive measures, because however, as we know, now most casinos are operating in the online sector, or what I mean is that online-based casinos are increasingly popular and I am sure that the majority of gamblers must have been involved or have even made online casinos the best choice for carrying out their gambling habits. And also as we know, of course you can gamble there so you have to send a certain amount of money from your personal account to the balance in your casino account, meaning it is a very easy thing to do and no I don't see anything that could hinder your wishes. as a form of prevention. This means that the advice that I think is quite effective is to withdraw all the money in your casino account to your personal account if you really have a balance there and after that withdraw all the money until you can actually see all the money in physical form, or There is also something better, namely spending it all to buy all your living needs for the next week or month.

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July 21, 2024, 11:35:56 PM
 #536

~snip~
One of the reasons why most of them always find it difficult to make the decision to cash out at the right time is yes as I said before that most of them always feel that a bigger win is in sight, and honestly I also feel it myself when At that time I was addicted, and most likely it was caused because they didn't fully know what gambling really was like.

Most likely they don't know that in gambling there is no connection between the previous result and the next result, in the sense that even though for example in the current hour you win, it doesn't mean that in the next hour you will win again, and in the end this action or greed often makes them experience a significant disappointment, how could it not be, because of course you will feel annoyed when you previously managed to achieve a number of wins but it turns out that later you ended up losing all the money again. But actually greed doesn't always end in a bad or disappointing situation, especially when you bet on a type of bet that really depends on luck, because I also had an experience where greed really led me to a bigger win, but that very rarely. But overall yes of course ignoring greed is much better.
Winning makes one feel great, right? It's a rush. But you dig; strung together a few Ws does not indicate you have cracked the code. Every turn and every hand, it's its own beast. All of this "winning streak" stuff is simply our narrative. The risk comes from that story becoming caught in your head. You begin to notice trends whereby none exists and follow the high of the next major score. That is a formula for disappointment, buddy. Of course, the exhilaration is real. It is a chemical response, not a financial plan, though. The dopamine hooks your brain, therefore impairing your capacity for clear thought

One can consider greed as the devil. But sometimes, a little bit of hunger can lead to something great. It's all part of the game. The chances are always set against you, though

Tough call inside you, either you make that hard stop or believe that whisper behind you to push forward, the chance of making more is also possible if luck continue to back your back up, though most of the time out of greed instead of enjoying that decent profits, you continue and lose everything back.

A reality that mostly the case of those gamblers who ended up regretting their wrong decision, those "what if" after they lose every single penny that they've deposited those are the kinds of things that will keeps coming back after you lose.

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July 22, 2024, 12:53:11 PM
 #537

You are right, mate. I think a gambler should even withdraw their money and keep it in their personal account even when they don't have bills to pay yet. The reason is to prevent themselves from being tempted to gamble when they have that money in their casino's balance. For example, if one has about $300 in their casino account, they could be convinced that it is a huge amount, and before they can spend the money, they must have multiplied it by 2x, and by the time they decide to start gambling, they can lose the money or still multiply it by luck. 

Yes, that's good as a preventive idea, but I don't think I would include this idea in the effective group in terms of upholding preventive measures,

This means that the advice that I think is quite effective is to withdraw all the money in your casino account to your personal account if you really have a balance there and after that withdraw all the money until you can actually see all the money in physical form, or There is also something better, namely spending it all to buy all your living needs for the next week or month.


Well, I think some time you might not really have the need for that money at that point in time, and what will you do if you withdraw the money and have it physically, as you said? You might end up spending it unnecessarily when there's no important stuff you have at that moment to spend the money on. That's why I said you should withdraw from your account; perhaps if you withdraw from your account, you can still lock the funds in your account for any agreed duration of time you want. 

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July 22, 2024, 01:02:55 PM
 #538

Withdraw the money and pay the bills puts an end to the temptation.  You will only be richer in future when bill time comes and you have already paid it off, usually this is a virtuous cycle because it avoids interests and fees you might have otherwise fell victim to.    If you are better off then it will give more leeway to bet with in the future, you only need to bet half your spare cash at that time and take it easy.  The most likely way to lose is acting under pressure and confined by your own actions.
For a gambler to withdraw his withing from online or offline casino it's a wise decision but truth be told that your bills can't stop you from depositing another money into your back account.
What I mean is that if you have paid the bills before the due date and when the due date reaches you might still deposit and gamble because you have settled the bills you have. And it's important to settle bills before the deadline. However as a responsible gambler you have to settle your bills before you gamble with what you can afford to lose

 
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July 22, 2024, 01:07:33 PM
 #539

Withdraw the money and pay the bills puts an end to the temptation.  You will only be richer in future when bill time comes and you have already paid it off, usually this is a virtuous cycle because it avoids interests and fees you might have otherwise fell victim to.    If you are better off then it will give more leeway to bet with in the future, you only need to bet half your spare cash at that time and take it easy.  The most likely way to lose is acting under pressure and confined by your own actions.

You are right, mate. I think a gambler should even withdraw their money and keep it in their personal account even when they don't have bills to pay yet. The reason is to prevent themselves from being tempted to gamble when they have that money in their casino's balance. For example, if one has about $300 in their casino account, they could be convinced that it is a huge amount, and before they can spend the money, they must have multiplied it by 2x, and by the time they decide to start gambling, they can lose the money or still multiply it by luck. 
No matter the amount of money one has on his or her casino account, the chances of doubling it is always way slimmer than the chance of losing it all back to the casino.
So personally, I don't even see any reason why anyone should leave money on their casino account when it's clear to them that they are gambling with it at that very moment, it's a risk tjay goes beyond every reason one can think of, for instance, even without gambling ans losing all the money, they casino itself could be hacked, or if the casino management is a crooked one, they could empty the account (depending on how long the money is left there), and when the gambler returns, they will claim the gambler never had any balance, that it could have been a system error that showed a balance on the gamblers account.

So in essence, my take is that we should never leave money on casinos, money we are sure we are not gambling with immediately, better withdraw to your private wallet and keep it there until you are ready to use it.

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July 22, 2024, 02:04:01 PM
 #540

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Yes, that's good as a preventive idea, but I don't think I would include this idea in the effective group in terms of upholding preventive measures, because however, as we know, now most casinos are operating in the online sector, or what I mean is that online-based casinos are increasingly popular and I am sure that the majority of gamblers must have been involved or have even made online casinos the best choice for carrying out their gambling habits. And also as we know, of course you can gamble there so you have to send a certain amount of money from your personal account to the balance in your casino account, meaning it is a very easy thing to do and no I don't see anything that could hinder your wishes. as a form of prevention. This means that the advice that I think is quite effective is to withdraw all the money in your casino account to your personal account if you really have a balance there and after that withdraw all the money until you can actually see all the money in physical form, or There is also something better, namely spending it all to buy all your living needs for the next week or month.
Online gambling is huge, folks. Easy, convenient, and on your phone. I love fun as much as the next person, but we must be sensible. Too easy to get caught up in the game when money is just numbers on a screen. Pulling out your gains and holding cash is good. Makes it real. But lets continue. Why not educate gamblers money management? It goes beyond winning and losing. Respect your money.

Think about it. You win a few cash and get a message stating, "Hey, remember that vacation you wanted to take?" Maybe you lose and are reminded to be careful. Change the game so gambling is fun but doesnt consume you.

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