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Author Topic: Why one should apply wisdom when gambling!  (Read 320 times)
ChiBitCTy
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September 23, 2024, 04:55:46 PM
 #41

Since I do a good amount of gambling a good bit of my friends realize this and will sometimes ask me for guidance, but I can't count how many of them just made ridiculous bets or didn't set things up properly, which of course ended up costing them plenty

As for things like card games, you've got to have knowledge for most off them, study by reading books or by YouTubing watching.  Of course if you do so, make sure the people that you're listening to are TRULY experts.

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September 23, 2024, 05:03:18 PM
 #42


The reason why it is important to gamble smart is because there's a difference between gambling and having the wisdom to make good decisions. Normally, I would have cashed out on this game, but because of my previous experience, I decided to leave it and still ended up losing everything. However, I find solace in the fact that a successful gambler doesn't chase losses and is able to control their emotions during both winning and losing days.

In gambling, you win some and lose some. But in all things, let's strive to make smart decisions and avoid letting greed take over. Cut 1 game out of the 26 I played Yesterday.
This is a nice way to gamble with lees stress. The money that you staked is quite small and you winning bigger with little fund is massive and this is the kind of approach many of us that are gamblers need to embrace. Gambling should be more of less risk and bigger rewards just like in trading, taking a smaller risk to earn bigger amount. It is not always the wise for us to use bigger amount to stake a game with a low turnout compared to the amount of money we have staked. Gambling should be constructive and smart without taking too much risk. If we really want to make bigger amount of money as gamblers, we need to learn how to use small capital to earn big.

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September 23, 2024, 05:23:01 PM
 #43

Gambling wisely is very important. What separates gambling for fun from gambling wisely is the ability to make the right decisions, especially when things go wrong. It takes experience and self-control to not get carried away by emotions and chase losses. Every game has the possibility of winning or losing, and one needs to have the knowledge to know when to stop, rather than getting greedy. After all, wise choices are far more valuable than chasing wins without limits

Since I do a good amount of gambling a good bit of my friends realize this and will sometimes ask me for guidance, but I can't count how many of them just made ridiculous bets or didn't set things up properly, which of course ended up costing them plenty

As for things like card games, you've got to have knowledge for most off them, study by reading books or by YouTubing watching.  Of course if you do so, make sure the people that you're listening to are TRULY experts.
.

Yes, many people jump into gambling without understanding and end up losing big. In card games, for example, knowledge plus strategy are essential. Books and videos by professional experts can be insightful. However, as you said, make sure to learn from people who actually have experience and expertise in the field. Without a solid foundation, gambling will be just speculation without direction.

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September 23, 2024, 06:05:02 PM
 #44

I know right! Especially in sports betting. You apply knowledge and analysis to be able to understand the odd and minimize the risks of losing. That alone, you are already using your wisdom. But hey, that's not the only time you are using it, because after you win, you will need to decide on whether you carry on or cash the money out. Though sometimes, wisdom may not be enough. As far as I know, those who have patience are the most successful ones when gambling. 

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September 23, 2024, 06:20:24 PM
 #45

However, I find solace in the fact that a successful gambler doesn't chase losses and is able to control their emotions during both winning and losing days.

In gambling, you win some and lose some. But in all things, let's strive to make smart decisions and avoid letting greed take over. Cut 1 game out of the 26 I played Yesterday.
as long as you don't chase losses I guess it's good enough, not every gambler can stop themselves from chasing losses.

regarding your bet, I would have cashed out that, the fact that you were able to win more than 20 games on that bet slip is impressive enough since the chance of that happening is extremely low. I wonder how many times have you been able to win more than 20 games on a 26 game parlay.

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September 23, 2024, 07:39:48 PM
 #46

Every gambler will definitely experience frustration, especially when the loss is beyond expectations, we are very light to say, "gambling with money you can afford to lose" but still when the money is lost we will feel very upset, this is where it is important to apply discipline in gambling, not chasing losses

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September 23, 2024, 07:53:17 PM
 #47

~
The reason why it is important to gamble smart is because there's a difference between gambling and having the wisdom to make good decisions. Normally, I would have cashed out on this game, but because of my previous experience, I decided to leave it and still ended up losing everything. However, I find solace in the fact that a successful gambler doesn't chase losses and is able to control their emotions during both winning and losing days.

In gambling, you win some and lose some. But in all things, let's strive to make smart decisions and avoid letting greed take over. Cut 1 game out of the 26 I played Yesterday.
It should really be something like this on which on the moment or time that you do play gambling or making up some bets then you shouldnt really be chasing up loses on the time or moment
that you do deal up with it. Yes, you do win some or lose some and thats the reality of it and this is something on where you should really be that accepting, because on the time or moment
that you do find yourself having being that too delusional or into the moment that you do find yourself that being too impulsive on things, then you will really be finding this thing to be an issue later on or a problem on which it will really be that hard to be resolved. Play gambling according into your leisure and entertainment seek on and not for seeking money because this will really be that making
you desperate on the time or moment that you do find yourself such problem.

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September 23, 2024, 08:04:00 PM
 #48

The reason why it is important to gamble smart is because there's a difference between gambling and having the wisdom to make good decisions. Normally, I would have cashed out on this game, but because of my previous experience, I decided to leave it and still ended up losing everything. However, I find solace in the fact that a successful gambler doesn't chase losses and is able to control their emotions during both winning and losing days.

In gambling, you win some and lose some. But in all things, let's strive to make smart decisions and avoid letting greed take over. Cut 1 game out of the 26 I played Yesterday.

As real fellow bettor or sport bettor that you are, here is something I want you to know today. If you have stake your money on any game and your plan was to bet and win those games, stick to it and let it play out. If it goes as you expected, fine and if doesn't, there is nothing absolutely you can do about it, just improve on the next one bet because you can't control what happen in the games sometimes, nobody expects Trosard to be do that foolish mistake that result into red card yesterday.

However, you can mitigate this kind of mistakes, any time you bet on games like this, don't cash out when you see opportunity to do so because you never can tell if it will still go as you initially bet but you can do some damage control before the beginning of the playing. Always bet the same games again with the same amount and give it an option to flex 1,2,3 and so on depending on how you think the ticket might cut, so that even though one team fumbled later, you can still win instead of making hard decisions of chasing out or not and you will be fine.

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September 23, 2024, 08:35:42 PM
 #49

Every gambler will definitely experience frustration, especially when the loss is beyond expectations, we are very light to say, "gambling with money you can afford to lose" but still when the money is lost we will feel very upset, this is where it is important to apply discipline in gambling, not chasing losses

Well, this rule applies not only to players, but in general to all people who also feel disappointed when something does not go according to the planned plan. But what players must have is the ability to stop and soberly analyze the reason for their loss, otherwise the loss will be even greater.

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September 23, 2024, 08:47:26 PM
 #50

In gambling, you win some and lose some. But in all things, let's strive to make smart decisions and avoid letting greed take over. Cut 1 game out of the 26 I played Yesterday.

Though I won't blame you, as it's a normal thing for us gamblers to want to take bigger risk and hold some bets open for longer time. It's tempting though but for me something as huge as that I would have just cashed out. Though you have learnt a lesson from this experience that gambling is just by applying proper wisdom. One doesn't have to always be greedy when it comes to taking your wins. One good win can cover up all your losses for a very long future time. So it's better to always apply proper wisdom when it comes to gambling..

R


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September 23, 2024, 09:35:42 PM
 #51

The reason why it is important to gamble smart is because there's a difference between gambling and having the wisdom to make good decisions. Normally, I would have cashed out on this game, but because of my previous experience, I decided to leave it and still ended up losing everything. However, I find solace in the fact that a successful gambler doesn't chase losses and is able to control their emotions during both winning and losing days.

In gambling, you win some and lose some. But in all things, let's strive to make smart decisions and avoid letting greed take over. Cut 1 game out of the 26 I played Yesterday.

I don't know how much odd you bet that amount for but I can say it's not a small odd of 10 matches and from that amount, the currency looks much like the bet was settled in Naira and you have made almost 38x of your money stake, you should have been reasonable enough to half of the money if you are not sure of the games outcome, there should be something up there telling you to take the cashout but you gamble it and loss everything.

If you have take the half of the cashout and leave the rest, it's going to be a 50-50 win even though the rest of the potential payout will be reduce. It doesn't reduce the fact that you have already cashout more than what you have risk in the game and in the event no longer go as you expected the games, you will be happy for taking out that portion of cashout. Perhaps you should try it next time you see the opportunity, don't hesitate.

R


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