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Author Topic: How much are you willing to gamble  (Read 2013 times)
ethereumhunter
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November 26, 2024, 07:10:02 AM
 #221

And gambling with $10-$15 is too much money for me.
So we should never do anything that can harm our financial stability or quality of life.
There is no doubt about that, even the rich themselves should take care of their money, because a big bet of 500-1000usd or even more is very easy to lose, so of course they start from the fact that if they manage to win with those amounts they will make a great amount, but it is a lot of risk, the truth is it is too much for me too, however when I am going to play I consider that things should be done with a better degree of integrity of the money, if one has a lot of money I think I would bet 20usd and that's it , Because for me it represents good money , many things can be done with 20usd.
The risk of using big money will be bigger than using small money even for rich people. No one wants to see the big loss in gambling so we must always limit our money to playing gambling. It is not worth to use big money to playing gambling especially if we only want to have fun from gambling. A wise gambler will always cares about that and limits their money and time so they will not lose too much money. That is why we must use the money we can afford to lose when playing gambling so we can also accept the losses that we get from gambling. Using $20 for betting is not be a problem for us but it is better we lower than that amount.
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November 26, 2024, 02:22:16 PM
 #222

And gambling with $10-$15 is too much money for me.
So we should never do anything that can harm our financial stability or quality of life.
There is no doubt about that, even the rich themselves should take care of their money, because a big bet of 500-1000usd or even more is very easy to lose, so of course they start from the fact that if they manage to win with those amounts they will make a great amount, but it is a lot of risk, the truth is it is too much for me too, however when I am going to play I consider that things should be done with a better degree of integrity of the money, if one has a lot of money I think I would bet 20usd and that's it , Because for me it represents good money , many things can be done with 20usd.
The risk of using big money will be bigger than using small money even for rich people. No one wants to see the big loss in gambling so we must always limit our money to playing gambling. It is not worth to use big money to playing gambling especially if we only want to have fun from gambling. A wise gambler will always cares about that and limits their money and time so they will not lose too much money. That is why we must use the money we can afford to lose when playing gambling so we can also accept the losses that we get from gambling. Using $20 for betting is not be a problem for us but it is better we lower than that amount.
Since huge casinos can accept a bet no matter how big, it is clear that the rich are the ones that are at a greater risk of wasting their money, as a regular person can only afford to bet so much before they get into financial problems, while those that are rich can afford to bet much more than that, and in some cases we have seen people losing hundreds of millions, which is a complete waste when you think about it, as there is almost an infinite amount of things we could have done with that kind of money.
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November 26, 2024, 03:21:39 PM
 #223

I didn't look at the odds of the bet but I remember I checked it once on stake casino but I can't remember the odds but from what I see, many people actually bet that Trump was going to win and indeed they won their bet. Seems some non gamblers had to just place their bet on Trump because they believe he would win.
Trump was an underdog, you only know people who bet on Trump, if Kamala Harris can become a favorite, technically there are more people bet on her instead of Trump.

Since huge casinos can accept a bet no matter how big, it is clear that the rich are the ones that are at a greater risk of wasting their money, as a regular person can only afford to bet so much before they get into financial problems, while those that are rich can afford to bet much more than that, and in some cases we have seen people losing hundreds of millions, which is a complete waste when you think about it, as there is almost an infinite amount of things we could have done with that kind of money.
This is why we need casino, the rich who don't know where they should use their money, they can use it on casino. The casino will earn a lot of money, they paying tax and people who work on the casino will get money.

So the economy is working, instead of the rich just hoarding their money.


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November 26, 2024, 04:32:10 PM
 #224


on the moment that situation hits on which they did incur more loses than wins then they will really be that become impulsive and on the time that it do happens then this is where
they will really be having those realizations into the things that they have done.


The thing that hurts a player the most is to get carried away by impulses, impulses are the worst thing you can pay attention to , emotions are another thing , but impulses are what make us lose large amounts of money, that is why we must be clear at the moment of entering a casino , what We should and should not do, that is to know how to plan and above all to be Responsible with ourselves , it is a fact that those who do it like this, play and even if they lose, will come out well and without having a bad time.

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November 26, 2024, 05:34:21 PM
 #225

I think there are some games that the casino themselves absolutely have no effect on in terms of manipulation although they can still decide to flaunt you on the wrong side by making one person odd very bigger and the other less but even that too would be off great advantage to gamblers because they actually didn't have any idea of who's winning so making such odd manipulation might favor a whole lot of gamblers that would have faith and place that odd as it will favor them. Although we also can't deny the fact that gamblers are much attracted to lesser odd than huge odds.

I didn't look at the odds of the bet but I remember I checked it once on stake casino but I can't remember the odds but from what I see, many people actually bet that Trump was going to win and indeed they won their bet. Seems some non gamblers had to just place their bet on Trump because they believe he would win.

Basically betting is an easy choice for those who have an interest in something, if it is related to betting on such a selection then of course they can have a or b as a bet. Because after all, without making a bet they already have their own choice for such a selection, but because of gambling then of course they can do it too to try their luck in gambling. If in the  end their choice wins, then they will get joy that becomes many times over, because their choice wins and also their bet wins. But indeed, if it is related to how much money is ready to bet, then of course it is something that varies greatly, because each person and or each bettor has a different budget and or finances.
nara1892
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November 26, 2024, 05:36:37 PM
 #226


The risk of using big money will be bigger than using small money even for rich people. No one wants to see the big loss in gambling so we must always limit our money to playing gambling. It is not worth to use big money to playing gambling especially if we only want to have fun from gambling. A wise gambler will always cares about that and limits their money and time so they will not lose too much money. That is why we must use the money we can afford to lose when playing gambling so we can also accept the losses that we get from gambling. Using $20 for betting is not be a problem for us but it is better we lower than that amount.
Since huge casinos can accept a bet no matter how big, it is clear that the rich are the ones that are at a greater risk of wasting their money, as a regular person can only afford to bet so much before they get into financial problems, while those that are rich can afford to bet much more than that, and in some cases we have seen people losing hundreds of millions, which is a complete waste when you think about it, as there is almost an infinite amount of things we could have done with that kind of money.

If we talk about the amount of money that is bet by the rich and the poor then of course there is a significant difference or gap which means as you said that it is clear or most likely the risk that must be borne by the rich is much greater than the poor, but if we look at it from each perspective then for the rich $ 100 may not be very valuable but for the poor it may be able to support their living expenses for several weeks, it can also be said that the poor have limited abilities while the rich are the opposite, so maybe it can also be concluded that if the rich have a very impulsive approach then first the amount they lose must be much greater than poor gamblers and second they are also likely to experience financial problems in the end, actually regardless of rich or poor the impact of gambling is almost the same if done the wrong way.

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November 26, 2024, 06:28:45 PM
 #227

Not a single cent anymore, of my own of course and going to get the dust that the weekly and monthly bonuses give me just to have fun betting 0.01 cent sport bets in parlays with odds of well over x20000 and expecting nothing in return. This after having suffered all year long lost amounts, big lost amounts where I play and despite the addiction I know I had, I have stopped gracefully to gamble my own money with the simple statement in my mind "the money look better in my wallet rather than in the casino wallet" and this has been my moto which so far has helped me not gamble. I know I am far from quitting completely but it is a very good step and that comes after huge lost amounts of money which serves as a good warning, lately I have seen statistics like over 1000 spins for a single bonus game which gave no more than 30-50x of your bet is enough to learn that it is stupid to play slots.


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November 26, 2024, 06:38:53 PM
 #228


The risk of using big money will be bigger than using small money even for rich people. No one wants to see the big loss in gambling so we must always limit our money to playing gambling. It is not worth to use big money to playing gambling especially if we only want to have fun from gambling. A wise gambler will always cares about that and limits their money and time so they will not lose too much money. That is why we must use the money we can afford to lose when playing gambling so we can also accept the losses that we get from gambling. Using $20 for betting is not be a problem for us but it is better we lower than that amount.
Since huge casinos can accept a bet no matter how big, it is clear that the rich are the ones that are at a greater risk of wasting their money, as a regular person can only afford to bet so much before they get into financial problems, while those that are rich can afford to bet much more than that, and in some cases we have seen people losing hundreds of millions, which is a complete waste when you think about it, as there is almost an infinite amount of things we could have done with that kind of money.

If we talk about the amount of money that is bet by the rich and the poor then of course there is a significant difference or gap which means as you said that it is clear or most likely the risk that must be borne by the rich is much greater than the poor, but if we look at it from each perspective then for the rich $ 100 may not be very valuable but for the poor it may be able to support their living expenses for several weeks, it can also be said that the poor have limited abilities while the rich are the opposite, so maybe it can also be concluded that if the rich have a very impulsive approach then first the amount they lose must be much greater than poor gamblers and second they are also likely to experience financial problems in the end, actually regardless of rich or poor the impact of gambling is almost the same if done the wrong way.
The difference is really that indeed obvious and thats why it will really be better that whenever you do gamble then make it sure that you do get in line in regarding into your financial capabilities. If you do find yourself on the poor side then it will really be just that right that you should really be that playing gambling in moderation and never ever try to spend up like a rich person because you will really be that
certainly blown up those gambling balances in no time and the worst you would really be spending all the amounts on which arent supposed to be spend in gambling. There would really be those individuals
who would really be thinking up this way not until into the time that they will really be able to experience unfortunate conditions. Therefore, it will really be that wise and wary into the actions that you are making.

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November 26, 2024, 07:03:53 PM
 #229

The thing that hurts a player the most is to get carried away by impulses, impulses are the worst thing you can pay attention to , emotions are another thing , but impulses are what make us lose large amounts of money, that is why we must be clear at the moment of entering a casino , what We should and should not do, that is to know how to plan and above all to be Responsible with ourselves , it is a fact that those who do it like this, play and even if they lose, will come out well and without having a bad time.

Whether impulses or not, the level of your emotional reaction to your gambling game could be as a result of your level of risk taking due to the amount of the money you stake into it. Over time it has been said that gamblers should always be cautioned about investing only what they can afford to lose but some of us still go ahead to risk all our savings into gambles. Some go as far as borrowing funds to put into gambles and when you ask, they say it is their instinct that have driven them to do so.

It is sad to see gamblers being hurt all the time and I wonder if that's what gambling is all about. I presume it should be more than just that because why will you always want to subscribe to hurting yourself in the name of gambling even when you do it for fun supposedly.
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November 26, 2024, 07:09:27 PM
 #230

The thing that hurts a player the most is to get carried away by impulses, impulses are the worst thing you can pay attention to , emotions are another thing , but impulses are what make us lose large amounts of money, that is why we must be clear at the moment of entering a casino , what We should and should not do, that is to know how to plan and above all to be Responsible with ourselves , it is a fact that those who do it like this, play and even if they lose, will come out well and without having a bad time.

Whether impulses or not, the level of your emotional reaction to your gambling game could be as a result of your level of risk taking due to the amount of the money you stake into it. Over time it has been said that gamblers should always be cautioned about investing only what they can afford to lose but some of us still go ahead to risk all our savings into gambles. Some go as far as borrowing funds to put into gambles and when you ask, they say it is their instinct that have driven them to do so.

It is sad to see gamblers being hurt all the time and I wonder if that's what gambling is all about. I presume it should be more than just that because why will you always want to subscribe to hurting yourself in the name of gambling even when you do it for fun supposedly.
When doing gambling then you should set aside emotions as much as possible as this thing will really be that giving out that influence on possible decisions that you will really be that making. Gamble on the amount on which
we can afford to lose and think up that whenever you do loses up money then just simply move on and don chase up those loses because it will really be that resulting into depositing more amounts. Why cant people just make themselves having those kind of realistic approach and thinking towards gambling? Why they cant really just that accept defeat or loses, call it a day?

Gambling or betting really just that for fun and if you do find out on this way or having this kind of treatment towards gambling then you wont be finding yourself that being stressful on every loses you do make
since you could just simply move on and as if there's nothing happened.

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November 26, 2024, 07:39:58 PM
 #231

Not a single cent anymore, of my own of course and going to get the dust that the weekly and monthly bonuses give me just to have fun betting 0.01 cent sport bets in parlays with odds of well over x20000 and expecting nothing in return. This after having suffered all year long lost amounts, big lost amounts where I play and despite the addiction I know I had, I have stopped gracefully to gamble my own money with the simple statement in my mind "the money look better in my wallet rather than in the casino wallet" and this has been my moto which so far has helped me not gamble. I know I am far from quitting completely but it is a very good step and that comes after huge lost amounts of money which serves as a good warning, lately I have seen statistics like over 1000 spins for a single bonus game which gave no more than 30-50x of your bet is enough to learn that it is stupid to play slots.

This shows your loss in the gambling because of the gambling addictions,it is better to wait for the certain period to avoid of loss of the further dollars.Take the break after the gambling loss was most important one in the gambling business.If the emotional decision play a major role in the gambling,the gamblers will play again with the holding money.When the emotional game continues,the gamblers will loss all dollars at the end.Learn the game before using the having dollars is the very important one in the gambling games.

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November 26, 2024, 08:18:29 PM
 #232

.When the emotional game continues,the gamblers will loss all dollars at the end.Learn the game before using the having dollars is the very important one in the gambling games.
Indeed it’s very important to maintain a levelled head when gambling because when emotion gets mixed up in the whole thing, it affects the gambler’s rational thinking and when that happens, he’s more likely to make certain wrong decisions that may likely lead to financial losses.

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November 26, 2024, 08:48:50 PM
 #233

Yes, I know every gambler has a limit on what they can afford to gamble. And like you and me or maybe more gamblers with small bets, staying consistent with that ability and not going over the limit is a good thing.
People who bet big can win big, but they are also ready to lose big. We must set the level of risk that we can handle, don't push yourself too hard.

That's where the secret lies, we as people should know how much we are willing to lose, only we know, we can't be copying from others, what they spend or what they win, we as responsible people should know what the limit of our bets is, and thus not make mistakes in a gaming system, we can't spend more than we have, and many people risk doing that, they borrow money, they sell things, some lose property and everything and that is something that should not be allowed to do because we are thinking people, not animals, we are right, and if we spend a lot of money in a game it's not because we Assume it that way.

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November 27, 2024, 09:20:31 AM
 #234

Since huge casinos can accept a bet no matter how big, it is clear that the rich are the ones that are at a greater risk of wasting their money, as a regular person can only afford to bet so much before they get into financial problems, while those that are rich can afford to bet much more than that, and in some cases we have seen people losing hundreds of millions, which is a complete waste when you think about it, as there is almost an infinite amount of things we could have done with that kind of money.
It will be no problem for rich people to playing gambling using big money. But that will not good for people who doesn't own much money so they must allocates some money to playing gambling. They don't have to use too big money to playing gambling because that can makes them lose all of the money especially if they can not holds themselves from keeping playing gambling. We don't have to playing gambling using much money but only with the money that we can afford to lose.

That is important to us because we can hold our money not being used to playing gambling so we can use it for other things that will be more important than just playing gambling.
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November 27, 2024, 09:52:28 AM
 #235

Since huge casinos can accept a bet no matter how big, it is clear that the rich are the ones that are at a greater risk of wasting their money, as a regular person can only afford to bet so much before they get into financial problems, while those that are rich can afford to bet much more than that, and in some cases we have seen people losing hundreds of millions, which is a complete waste when you think about it, as there is almost an infinite amount of things we could have done with that kind of money.
rich people have a greater risk because if they bet a large amount of money, they cannot be said to have a big risk if they themselves bet with a small amount and in my opinion not all rich people bet with large amounts of money, but rich people are more free to bet because they have a lot of money which when they lose they may still have money saved and the amount is still a lot too.
No one suggests betting a lot of money on gambling, it's more about each person's choice. Now with those who don't have a lot of money but are already addicted, they can borrow money to bet, this is a wrong decision and I think this is guided by their wrong thinking. Because the right thing is to gamble without being excessive, such as betting money with an amount that we can afford.

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November 27, 2024, 10:20:39 AM
 #236

rich people have a greater risk because if they bet a large amount of money, they cannot be said to have a big risk if they themselves bet with a small amount and in my opinion not all rich people bet with large amounts of money, but rich people are more free to bet because they have a lot of money which when they lose they may still have money saved and the amount is still a lot too.
No one suggests betting a lot of money on gambling, it's more about each person's choice. Now with those who don't have a lot of money but are already addicted, they can borrow money to bet, this is a wrong decision and I think this is guided by their wrong thinking. Because the right thing is to gamble without being excessive, such as betting money with an amount that we can afford.
Rich people usually have a business or investments, they really want to try their luck on large sums, because small ones are absolutely not interesting to them. And even if they get excited and lose a lot, they will remember that next month they will receive money on the account again. But the worst thing is that in uncontrolled excitement they can take the proceeds from their business and simply destroy it. Or knowing many rich people like them, these players can get into huge debts and not pay them back. This is a direct path to ruining your life, such stories are reality.

 
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November 27, 2024, 12:00:51 PM
 #237

I have seen various topics discussed in here about their bankrolls or budget and whatnot when gambling. Well a French national just wagered $30 million to a bet about the US election. Now the online platform is being reviewed by France and is being checked if they follow laws accordingly. I am sure that amount shocked them especially after the gambler admitted that it was not even to sponsor Trump and that he did not have any political agenda with that bet. He did win and made profit but I was just so surprised with how can anyone bet this huge amount of money?

No matter how rich I get, I do not think I would be risking throwing away $30 million. I am also sure that the French authorities are making moves after this ridiculous amount of money betted to prevent encouraging their citizens from following in the gambler's footsteps. But I think instead of punishing the platform, the government should focus on how can they 'control' their citizens' gambling habits. Focusing on one platform will not eradicate people who would continue to bet this huge amount of money.


Well, the dude risked that huge sum of money on betting simply because he has it, this is all I have to say on this matter, some one who doesn't have that much can't go and steal yeah, except someone who have been a thieve for long.

But coming back to myself now, even if I become richer than Elon Musk or bill gates is, I don't think I will ever put more than $500 into a game, regardless of how sure or the level of confidence I have in winning, the mindset already is that, there are no guarantees of any kind in gambling, even the game that look so convincing can end up being the source of many gamblers losing their hard earned money..

I even might stop gambling entirely if I become very rich, because business trips, meetings, setting strategies for and to achieve new goals won't even allow me the time to try gambling, I gamble mostly just to have fun, and when I become very rich, nothing will be more fun for me than building businesses and watching them succeed.

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November 27, 2024, 12:29:56 PM
 #238

Not every rich person is fond of gambling and prioritises risking hard-earned money. Very few around the world can be seen around the world who had the courage to spend such huge money on gambling. The majority of the rich people think of multiplying through investment or focusing on new businesses. A very small amount, to the max of $10k, will be risked in gambling, whereas they spent more on entertainment and other luxury enjoyments. It is the middle-class people who tend to spend beyond their limits that gambling could be life-changing for them. This is common among middle-class people to be successful through gambling. Even if we take a survey, we'll come to know the majority of the gamblers belong to this category.
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November 27, 2024, 12:51:57 PM
 #239


If we talk about the amount of money that is bet by the rich and the poor then of course there is a significant difference or gap which means as you said that it is clear or most likely the risk that must be borne by the rich is much greater than the poor, but if we look at it from each perspective then for the rich $ 100 may not be very valuable but for the poor it may be able to support their living expenses for several weeks, it can also be said that the poor have limited abilities while the rich are the opposite, so maybe it can also be concluded that if the rich have a very impulsive approach then first the amount they lose must be much greater than poor gamblers and second they are also likely to experience financial problems in the end, actually regardless of rich or poor the impact of gambling is almost the same if done the wrong way.
The difference is really that indeed obvious and thats why it will really be better that whenever you do gamble then make it sure that you do get in line in regarding into your financial capabilities. If you do find yourself on the poor side then it will really be just that right that you should really be that playing gambling in moderation and never ever try to spend up like a rich person because you will really be that
certainly blown up those gambling balances in no time and the worst you would really be spending all the amounts on which arent supposed to be spend in gambling. There would really be those individuals
who would really be thinking up this way not until into the time that they will really be able to experience unfortunate conditions. Therefore, it will really be that wise and wary into the actions that you are making.

Yes, that's the point, or the point is regardless of anything and whatever the situation you must still be able to balance everything, in the sense that if your financial situation is not good then try to gamble without exceeding your ability, that applies to anyone rich or poor, the point is to gamble with an amount that really will not cause problems for your finances if you end up losing.

Basically in any case every action must always be done based on previous considerations, especially if we talk about gambling which has a high risk side, therefore it is like a saying that before you engage in an activity then you must know and understand the positive and negative sides, because only that will help you and prevent you from various wrong decisions.

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November 27, 2024, 01:16:05 PM
 #240


No matter how rich I get, I do not think I would be risking throwing away $30 million. I am also sure that the French authorities are making moves after this ridiculous amount of money betted to prevent encouraging their citizens from following in the gambler's footsteps.

Sports betting, casino betting and betting on becoming the president of America are not the same. In a sports betting, the result of the bet can change at any time, even if it affects the game, but such an attempt is never possible around the US election. For this reason, maybe that person got a confidence that he might win there. Although it was difficult to predict in advance who would win, but we can guess in advance about the wishes of the common people at that moment.

In the current world, the economic situation is not very good everywhere, and various kinds of problems have arisen almost everywhere due to war. In this case, the common people definitely want to see a new president and that is why they might elect Trump. Based on these factors, the bettor has bet 30 million. Because of betting such a huge amount, it will definitely be monitored by the government of that country.

The more gambling he has, the more risk he can take. However, since the amount of money wagered is very high, no ordinary gambler will ever take such a big risk. He has the ability to lose the amount he has placed the bet. Whatever the amount of money wagered in gambling, if it is within a person's ability, then it is not a problem.

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