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Author Topic: My experience in gambling  (Read 1005 times)
Litzki1990
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August 17, 2024, 12:44:01 PM
 #161

If you try to compare the time when you started gambling with the present time, you will find many differences between the two times. Most of the strategies you used to gamble in the beginning will seem wrong to you now because you have been gambling for a long time so you have a clear understanding of gambling. As a novice gambler is only desperate for profit and they think so much about profit that they forget they are not gambling with proper strategy. If I gamble with the right strategy I may win some amount but if I make a mistake in my thinking then I lose my entire money. So I try to gamble where the risk is relatively low. Most of the time I bet on different teams and if there is a relatively strong team and a weak team then I go with the strong team where the profit is less but the risk is much less.

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Dewi Aries
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August 17, 2024, 12:46:22 PM
 #162

As you understand and believe, my friend, gambling is nothing more than an entertainment activity, and that is the best perspective to bring in an activity that depends on luck. I can imagine how disappointed we are when we lose a lot of money that we earn from the hard work we do in life, so having a proper understanding of what your activities are actually doing is basic knowledge that a gambler must have, this is a risky activity and there is always no certainty in terms of victory, therefore all actions must be taken in a measured manner.

But some people have taken gambling to an unprecedented level thereby taking breathtaking decisions to gamble with all they have. I know and I agree with you when you said gambling is nothing more than an entertainment activity and I also have the same believe that gambling should be taken as a game of show and fun and nothing else. But that doesn't apply to all gamblers as some will take risks that are way beyond your comprehension. I don't support that kind of decision making because when it fails and the person loses, which is most likely to happen, it will end up consuming them health wise especially their psychological health. This is why I don't believe in gambling with all you have with the expectations of making unimaginable profits.

Yes, because if we are able to use our common sense and rational perspective when assessing what and how gambling activities actually are, then I think we will all have the same understanding and belief, as I said above that this is nothing more than just an entertainment activity, or like a playground when you have boring free time.
This means that some gamblers who even dare to take various decisions and aggressive actions are those who do not understand how bad the risks are in these activities when done in the wrong way which tends to be excessive.
Therefore, I think it is clear that this is why we are always advised to always use our rational mindset when finding anything, none other than because that way it is less likely for us to try to make various stupid or careless decisions when you already know the risks and also when you already understand that winning depends on luck.

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August 17, 2024, 02:09:24 PM
 #163

It is true that gambling is not as easy as we think and anytime we time to win is when we could start seeing loses. This is why it is good for us to gamble with ease because when we gamble with urgency and too much expectations, we could be surprised to see loses because we are too desperate to win. Understanding is very important when it comes to gambling and it is okay for us to know when to bet and when to leave. Once we noticed the best way for us to bet and make money, we could be surprised to be seeing winnings with time because we have understood the pattern.
Their are somethings when you try to get it in haste it may never end well, such as gambling. If you check those who always want to make quick win from gambling are always desperate and they always end up been disappointed. It is better not to play gambling when one is in need of money because at this point it tells that money is needed desperately and if the outcome is a lose their is no how one won't feel emotional toward the lose game because the expectations was a win.
If gamblers can learn to see gambling as a game of fun their won't any form of Desperation and thinking of winning money so quick from gambling. Some people have a different view about gambling that is just the reason for many loses.

R


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August 17, 2024, 02:14:42 PM
 #164

What could be the reason for this case whereby I moved from winning easily to finding it difficult to win? Although a lot have changed for good after I did some adjustments to my gambling but I still cannot explain what happened to my gambling in the past.

That’s not right, you are sharing your story as you believe gambling is a method or easy way to make money, while it is the quite opposite , we can never call gambling as a way of making or generating money. Gambling is a risky game you play under the casino’s rules, no matter how good you are in the game, creating strategies, and having experience, you will still lose under the casino algorithm.

Your story is missing a lot of details on which game you are actually playing, if you have mentioned Poker for example or card counting in BlackJack, probably you are right and some people are so good in these games. However, gambling in a casino, it will never end up good for you.

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August 17, 2024, 02:35:25 PM
 #165

We tend to make wrong choices due to our high expectations, this is what makes us stake a very high amount of money hoping to get something huge but it's gambling anything can happen... I've also won decent amounts of money with small stakes then I got greedy and wanted something bigger then I started increasing my stake, this was where everything took a different turn.. gambling within your limits is something that can help you from overs staking

I think that at some point we all fall into that error , there is nothing wrong with that, it is all because we always want the best, and we always look for the best, it is not our fault, it is normal, what happens is that at the moment we made the Mistake we did not have a clear objective of how to get there and in the right way, we were looking for everything to happen quickly and that is not the case either, we have to be patient and we should not rush, sometimes there are things that take time and thanks to that we Must be Careful with our money , always by limiting our bet it is easier not to lose due to Greed.

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August 17, 2024, 02:38:53 PM
 #166

It is true that gambling is not as easy as we think and anytime we time to win is when we could start seeing loses. This is why it is good for us to gamble with ease because when we gamble with urgency and too much expectations, we could be surprised to see loses because we are too desperate to win. Understanding is very important when it comes to gambling and it is okay for us to know when to bet and when to leave. Once we noticed the best way for us to bet and make money, we could be surprised to be seeing winnings with time because we have understood the pattern.
Their are somethings when you try to get it in haste it may never end well, such as gambling. If you check those who always want to make quick win from gambling are always desperate and they always end up been disappointed. It is better not to play gambling when one is in need of money because at this point it tells that money is needed desperately and if the outcome is a lose their is no how one won't feel emotional toward the lose game because the expectations was a win.
If gamblers can learn to see gambling as a game of fun their won't any form of Desperation and thinking of winning money so quick from gambling. Some people have a different view about gambling that is just the reason for many loses.

In my point which very incline with him, quick wins from gambling quite often end in disappointment, particularly if such winning is a product of desperation or any financial needs. Emotional stress can be felt by gambler like most of us who wagers his money, hoping for quick financial relief, and the results turn out to be different. This will keep us from disappointment and reduce the possible harm if gambling is taken as fun rather than a means to get out from financial difficulties. Adopting an attitude of fun rather than urgency can create a much healthier gambling experience. Found before a research on this because it was the part of my course thesis before, it has shown that people who gamble to solve financial problems are more likely to develop gambling problems and experience more negative emotional and financial consequences.

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August 17, 2024, 06:32:10 PM
 #167

Making a living by gambling is ridiculous because it is uncertain whether you will win or not, it becomes a mystery in gambling which is dominated by luck, and it is different from someone who works with casinos/gambling, like you and me who are also content creators on the forum with your best writing, this is a very different concept from someone who makes a living by gambling.

Yes, if you can control yourself and can gamble responsibly, in my opinion, it doesn't matter, it's even better, it's just that you really have to have boundary rules and all kinds of things that can make you not impulsive in gambling because you are looking for victory/money/income by gambling, people with that ambition usually don't stop easily, even though they are at the threshold of the budget that has been set.
Yes gambling can never be a means of making money, those who consider gambling as a means of making money are nothing but fools. Because no gambler can accurately predict whether he will win or lose from gambling before gambling. Winning and losing in gambling is uncertain even depends entirely on luck. Winning at gambling is necessary for good luck, there are many gamblers who continue to gamble thinking that their luck will one day work even if they make a lot of money from gambling and change their financial situation. But this overconfidence of theirs doesn't help anymore which later turns into addiction even they lose more money than they make money.

So gamblers who dream of making money from gambling should stop dreaming. How do you find money making opportunities where there is uncertainty and even luck? If this question is embedded in the mind of every gambler then he might not become addicted to gambling for the sake of earning money from gambling.
I think if it's just a hope that's not excessive it's fine, like the phrase you used “who knows get lucky” and get big money for it.

The problem is making a living from gambling, where literally the income to make a living needs a clear and certain result every week or month, while if we look for it in gambling it is a mistake of thinking, because gambling mostly relies on luck to get a big return financially, the needs of life are not like that system.

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August 17, 2024, 06:43:06 PM
 #168

Yes, and I think it is a fact that a gambler always depends on luck, various methods or strategies that you produce from experience are actually nothing more than tools which means that it is not something that can ensure that you will always win, so emphasize that understanding as something that you must believe that victory depends on luck..



I say, wait and think well before doing anything stupid, if you don't end up in a bottomless abyss. Luck is a fairy tale, but it's always based on the present and how you behave. If you don't understand that, you're really screwed!

Stop until the damage can be repaired: this is my motto.

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August 17, 2024, 06:44:19 PM
 #169

I decided to create this topic to seek the opinion of fellow gamblers. This post is my personal experience that leaves me with certain things I still do not understand till date. When I started gambling, I was doing it casually, not paying attention to how much I win or being desperate to win. Then I had great experience and I was winning and never under pressures. But at a point I realized I could actually make money from gambling and become extremely rich. Consequently, I increased my gambling amount as well as my targets but from this point onward, everything changed for me and it became extremely difficult to win.

What could be the reason for this case whereby I moved from winning easily to finding it difficult to win? Although a lot have changed for good after I did some adjustments to my gambling but I still cannot explain what happened to my gambling in the past.

Your experience is very common to majority of us yeah, when I started gambling when I wasn't too conversant with most of the predictions options my winning lines was massive compared to losses and now that I knew most of the predictions options I lost more than winning, I could say that attempting to claim that you know more or becoming a better version of yourself in your gambling approach can very unfavorable to certain people as it is accompany by deviating from certain gambling roles that will suit you, gambling should only be seen as fun and shouldn't be given much priority let alone seeing it as a means of making money.

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August 17, 2024, 06:57:00 PM
 #170

I feel you, dude.  I was in the same boat for a while there and  it started off innocent enough - just a bit of fun making a couple bucks on the side here and there.  But then that greedy little monster voice started whispering in my ear.  Cmon, you can do this for real.  Imagine the cash you could rake in! So I started making riskier plays - bigger bets with higher stakes.  And for a minute there it looked like my ship had come in.  But we all know how this story ends...  Before I knew it, the wins had dried up but the losses kept piling higher. 

It really is kind of like being on a rollercoaster when you think about it.  One day you are on top of the damn world and the next you are questioning all your life choices like some schmuck on Dr. Phil.  Ive been wracking my brain trying to figure out where it all went wrong.  But if Im being honest, I think a big part of it comes down to head games.  As soon as making bank became priority numero uno over having fun, it was like a switch flipped in my brain.  Between the pressure I put on myself and the desperate chases for the next high, my judgment got all clouded and messy.

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August 17, 2024, 07:26:18 PM
 #171

I think gambling may not be financially negative for everyone because when a gambler can limit himself to what he can afford (money and time) he is not exposed to much loss in the future. For a gambler to keep a fixed money budget each week with which he will bet or gamble and set a fixed time allotment that should not be exceeded. He must take up gambling as a means of entertainment because if one chooses gambling as a means of earning money, he will surely become addicted and lose a lot of money.
Financially planning your gambling is of essence it helps control the amount of money one loose at once gambling, for those who see it as a means of entertainment, it's reasonable to make a budget for it like they do with their other entertainment, they make budget for it which they apply when getting such entertainment so doing same with gambling that has got a high addictive tendencies is a very good idea.

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August 17, 2024, 08:33:12 PM
 #172

If you try to compare the time when you started gambling with the present time, you will find many differences between the two times. Most of the strategies you used to gamble in the beginning will seem wrong to you now because you have been gambling for a long time so you have a clear understanding of gambling. As a novice gambler is only desperate for profit and they think so much about profit that they forget they are not gambling with proper strategy. If I gamble with the right strategy I may win some amount but if I make a mistake in my thinking then I lose my entire money. So I try to gamble where the risk is relatively low. Most of the time I bet on different teams and if there is a relatively strong team and a weak team then I go with the strong team where the profit is less but the risk is much less.

Well that's true, but there are still folks at there that are old in gambling ( like no longer being novice ) that are still desperate for profit only especially those that didn't started well and Also didn't have the right person to guide them , help them from such mindset. Being in this forum alone as shows alot folks the right approach to follow in gambling, because most people don't have the right person to guide them that's why they always think gambling as a source of income which is wrong .

Such mindset most time do lead to one being a gambling addict, which may endup getting the rekt if not being approach in the right way  . Because gambling can literally change one life for the better and same time ruin one lives depending on the manners of approach.

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August 17, 2024, 08:51:57 PM
 #173

It is true that gambling is not as easy as we think and anytime we time to win is when we could start seeing loses. This is why it is good for us to gamble with ease because when we gamble with urgency and too much expectations, we could be surprised to see loses because we are too desperate to win. Understanding is very important when it comes to gambling and it is okay for us to know when to bet and when to leave. Once we noticed the best way for us to bet and make money, we could be surprised to be seeing winnings with time because we have understood the pattern.
Their are somethings when you try to get it in haste it may never end well, such as gambling. If you check those who always want to make quick win from gambling are always desperate and they always end up been disappointed. It is better not to play gambling when one is in need of money because at this point it tells that money is needed desperately and if the outcome is a lose their is no how one won't feel emotional toward the lose game because the expectations was a win.
If gamblers can learn to see gambling as a game of fun their won't any form of Desperation and thinking of winning money so quick from gambling. Some people have a different view about gambling that is just the reason for many loses.
Very well said because gambling if done in a hasty manner you end up not to make the right decision, because all your mind will be fixed at the outcome and how much money you can and will possibly win, gambling is not done that way, and gambling is not a get rich scheme, casinos are designed for gambler's to just come and have fun, with little amount of money that they can lose, and if you notice gambling is design with an house edge to kill the motivations of gambler's from thinking that gambling is a win win for them rather than just an entertainment point for them, so for sure having this basic knowledge about gambling is what differentiates one gambler from the other and also what help us to build that understanding and confident in the game and our ability regardless of how the games goes.

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August 17, 2024, 09:27:57 PM
 #174

As you understand and believe, my friend, gambling is nothing more than an entertainment activity, and that is the best perspective to bring in an activity that depends on luck. I can imagine how disappointed we are when we lose a lot of money that we earn from the hard work we do in life, so having a proper understanding of what your activities are actually doing is basic knowledge that a gambler must have, this is a risky activity and there is always no certainty in terms of victory, therefore all actions must be taken in a measured manner.

But some people have taken gambling to an unprecedented level thereby taking breathtaking decisions to gamble with all they have. I know and I agree with you when you said gambling is nothing more than an entertainment activity and I also have the same believe that gambling should be taken as a game of show and fun and nothing else. But that doesn't apply to all gamblers as some will take risks that are way beyond your comprehension. I don't support that kind of decision making because when it fails and the person loses, which is most likely to happen, it will end up consuming them health wise especially their psychological health. This is why I don't believe in gambling with all you have with the expectations of making unimaginable profits.

Yes, because if we are able to use our common sense and rational perspective when assessing what and how gambling activities actually are, then I think we will all have the same understanding and belief, as I said above that this is nothing more than just an entertainment activity, or like a playground when you have boring free time.
This means that some gamblers who even dare to take various decisions and aggressive actions are those who do not understand how bad the risks are in these activities when done in the wrong way which tends to be excessive.
Therefore, I think it is clear that this is why we are always advised to always use our rational mindset when finding anything, none other than because that way it is less likely for us to try to make various stupid or careless decisions when you already know the risks and also when you already understand that winning depends on luck.
Like miniature golf or bowling, some folks behave like its innocent fun. If you're playing for fun with a few cash you can lose, fine. But casino gambling involves risk. Its the exhilaration of potential success. Also, that sensation is addictive. It impairs judgment, makes you chase losses, and puts you in danger.

Understand the game's mechanics. Always, the house is ahead. So casinos make money. Not understanding that will doom you. Responsible gambling is understanding risks and playing prudently. It implies admitting why you're gambling and your goals. Knowing when to leave. Protecting people from gambling addiction is crucial. That includes public education, resource provision, and industry fairness and responsibility.

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August 17, 2024, 11:28:29 PM
 #175

When you gamble, don't put a lot of emotion on it. Just like me, when I win, I'm simply happy but then still gambles and expects the opposite of it. I'm not attracting the negative energy and losses but it's simply because I don't want to overhype my joy and expecting that both sides can come to me for the results that I'll get. That's why it's best to remain as is when you gamble and whatever is your plans of how much you'll be spending, stay to that amount and don't pass on that threshold that you are setting as a limit. It's nice to go and gamble some more but make sure that you don't hurt your feelings, your emotions and mostly your pockets. Make sure that the money you'd be betting on is totally a spare and you don't have use of it on that recent day you have to gamble.
Absolutely. Winning in gambling will only become hard and complicated if you stick to your mindset that to gamble is to win and double or triple your money, when in reality to gamble is to lose your money, simply because gambling is all about luck and chances, and winnings can never be predicted regardless if you are skilled and experienced gambler.

The best solution to this is to gamble just for fun and get entertained, and winning is just a bonus. Gamble only with your extra money, so that whatever the outcome is, you will never be bothered at all.
That's why every bet we make, just taste it and have fun with it because you'll never know if you either win or lose for both sports betting and casino games. You're already there so you better enjoy and with that, no one is going to take away the joy that you're having with gambling. But if for instance that you're a truly emotional person, you need to do something with that because not everyone is going to enjoy every bet they make.

If you're the kind of gambler that's putting a lot of emotion on it, try to decrease that and let those bets like you're freeing your favorite pet in the wild. There's still joy in it but you gotta let go of that emotion of yours because that will stop you from enjoying the bets you take. And also, that reminder in the latter to gamble only with the spare money you have, you won't be pressured, you won't be disappointed if you lose.

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August 17, 2024, 11:34:19 PM
 #176

A gambler can account for gambling in different ways, and can participate in gambling by dividing his money into several parts, which will reduce gambling addiction. The total balance should be divided into 3 parts and gambling should be done with one part and stop gambling when the balance is exhausted. Cannot be re-attempted, the gambler will instantly become addicted to gambling more and lose his money every time he tries to play again and withdraw money.

 So to get out of such accidents such strategies should be used, and gambling must be taken on a break, gambling should not be done seven days a week. The fewer gambles the gambler participates in, the more profitable the gambler will be and the less likely the symptoms of addiction will be.

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August 17, 2024, 11:41:57 PM
 #177

I decided to create this topic to seek the opinion of fellow gamblers. This post is my personal experience that leaves me with certain things I still do not understand till date. When I started gambling, I was doing it casually, not paying attention to how much I win or being desperate to win. Then I had great experience and I was winning and never under pressures. But at a point I realized I could actually make money from gambling and become extremely rich. Consequently, I increased my gambling amount as well as my targets but from this point onward, everything changed for me and it became extremely difficult to win.

What could be the reason for this case whereby I moved from winning easily to finding it difficult to win? Although a lot have changed for good after I did some adjustments to my gambling but I still cannot explain what happened to my gambling in the past.

You seem to be confusing luck and coincidence and skill. If you have a winning streak, it doesn't mean you found a golden formula how to win against the odds long-term. Sure you can identify some odds where you think you have a slight advantage over the bookmaker, but I believe in times where everything is based on algorithms and subject to changes all the time, decent bookmakers will get their odds right most of the time such that gambling is a losing game.

I don't even know if the term "difficult to win" makes any sense. Unless you are totally convinced that the odds of a certain bet are off and in your favor, you usually don't get favorable terms on an ongoing basis that would make you money. If you pick odds of say 1.1, why would it be difficult to win? The problem is just that it isn't making you a lot and only needs one losing bet out of ten bets in order to be in the negative.

It is probably not a very good idea to waste thoughts on becoming rich long term through gambling. It's definitely not the sustainable source of income that you want it to be.

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August 17, 2024, 11:50:09 PM
 #178

Gambling consists of multiple phases but the most famous is the win and loss stage. According to this blog, which is true, beginners starts out in gambling as winners, like Op did. But he thought he's made the decision to increase his wagering amount, that's not true, it's part of the winning stage process. From this chart, the increasing in his budget is caused by the wins he experienced in gambling, and the feeling that all is fine and that he can make it big through gambling.
If at all anyone must follow through this path you narrated, the person must be a successful gambler, otherwise, increasing your betting will not solve anything but put you in trouble. I often do what you narrated in my sports betting but dare not try it in the casino's betting, so it's all about your plan and current standing/status in gambling.

It interests me how gamblers switch techniques between slot and sport gambling. I'd bet you're a weekly sports bettor, that's why it won't affect your finances or cause addiction. Out of control, players increase their funds in the winning stage. This stage is mainly experienced by new gamblers, like a dream come true, they'll make an increase for a bigger win. Then the casino tightens up Grin

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August 18, 2024, 02:53:53 AM
 #179

Understand the game's mechanics. Always, the house is ahead. So casinos make money. Not understanding that will doom you. Responsible gambling is understanding risks and playing prudently. It implies admitting why you're gambling and your goals. Knowing when to leave. Protecting people from gambling addiction is crucial. That includes public education, resource provision, and industry fairness and responsibility.
that's right, understanding gambling is something that gamblers rarely do because they can't control themselves when gambling so they don't think that there are bookies who have a greater advantage than the players. besides that, the purpose of the casino is to make money, even though there are players who can win I think it's natural because to keep players to continue gambling and make their casino's reputation good but the money they spend on winning is nothing compared to the profits they have earned.

when gambling is not understood properly then destruction can occur, such as the emergence of emotions that can make everything messy. that's why we must be able to gamble responsibly with the results that occur we must be able to accept it well and wisely whether we lose or win.
in my opinion before others, we ourselves must be able to protect ourselves from becoming addicted to gambling, one of which is by knowing when to stop which is usually easy to say but difficult to do.

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August 18, 2024, 07:10:13 AM
 #180

As a gambler who's also encountered and heard the gambling ordeals of other gamblers, I can't agree more to your submission. Different gamblers have different gambling experiences and that's the essence of this topic so that gamblers can share their gambling experiences here which includes their mistakes so that others especially newbies can learn from them instead of making such mistakes again. One of the essence of this forum is to equip it's users with the needed knowledge to succeed in whatever activity that's discussed here of which gambling happens to be one of them.

I fully agree with your statement. It is important for gamblers to share their experiences, including their mistakes, so that others can learn from them. This forum is a great place to gather knowledge and advice on gambling and other activities.
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