Low Stakes Gambling

[Fredomago]

I don`t think that we can calculate possible to lose sum in percent from income. It depends on situation - if i have some free money, i just can spend as much as i want. But if i have small income and credits - i`d prefer even not to play.
When we talk about low stakes it mostly gambling for fun as for me. The way to spend time with pleasure. It is not about profit and big loses, just getting fun.

But the problem with low stakes can be that it quickly becomes boring because you will not be able to get the emotions that you can get with a big win, or get more adrenaline, it will be mostly just mechanical actions with no risk of loss and no prospect of winning. If there are debts or loans, then it may be better to forget about gambling until the financial situation is put in order.

How it can be boring if it is already becoming the betting style of some gamblers (including me)? Get bored or adrenaline is not about how much we stake but it is more about how do we feel our betting.
Do not even say that low stake gamblers as a no risk betting style, small amount can be big later if we do it frequently/regularly for long period of time.
It does not matter how low our stake in gambling, as long as it is the amount that we can afford to lose then it is better than we are forcing ourselves to bet bigger just to get the adrenaline.

Correct, it just separates some gamblers, I mean there are whales and then the majority of us here who are just betting small amounts. It's not that we just want to entertain, but we also wanted to win some money as well. And it's possible to also win big money as for sure I have seen you won some competitions in slot or been a avid slot gamer  . So in any case, there's nothing wrong with this strategy, you just need to have some patience as well as this might take a bit longer and your playing time are going to be extended. And then when the element of luck strikes, you will never now, maybe your low stakes could turn into hundreds if not thousands of dollars as you could hit huge multiplier on certain games.

It needs time indeed if you'll just using small amount for your bets though it takes you longer than those usual gamblers who intend to double or more their money, taking low odds or using small portions of your capital though it's also a strategy that may prevent you from losing huge amount of money that you can't afford to lose.

But then again, it's your decision or your strategy if you think that it will give you the fun and enjoyment plus the earnings that you are aiming to achieved.

[I_Anime]

I don`t think that we can calculate possible to lose sum in percent from income. It depends on situation - if i have some free money, i just can spend as much as i want. But if i have small income and credits - i`d prefer even not to play.
When we talk about low stakes it mostly gambling for fun as for me. The way to spend time with pleasure. It is not about profit and big loses, just getting fun.

But the problem with low stakes can be that it quickly becomes boring because you will not be able to get the emotions that you can get with a big win, or get more adrenaline, it will be mostly just mechanical actions with no risk of loss and no prospect of winning. If there are debts or loans, then it may be better to forget about gambling until the financial situation is put in order.

How it can be boring if it is already becoming the betting style of some gamblers (including me)? Get bored or adrenaline is not about how much we stake but it is more about how do we feel our betting.
Do not even say that low stake gamblers as a no risk betting style, small amount can be big later if we do it frequently/regularly for long period of time.
It does not matter how low our stake in gambling, as long as it is the amount that we can afford to lose then it is better than we are forcing ourselves to bet bigger just to get the adrenaline.

Correct, it just separates some gamblers, I mean there are whales and then the majority of us here who are just betting small amounts. It's not that we just want to entertain, but we also wanted to win some money as well. And it's possible to also win big money as for sure I have seen you won some competitions in slot or been a avid slot gamer  . So in any case, there's nothing wrong with this strategy, you just need to have some patience as well as this might take a bit longer and your playing time are going to be extended. And then when the element of luck strikes, you will never now, maybe your low stakes could turn into hundreds if not thousands of dollars as you could hit huge multiplier on certain games.

It needs time indeed if you'll just using small amount for your bets though it takes you longer than those usual gamblers who intend to double or more their money, taking low odds or using small portions of your capital though it's also a strategy that may prevent you from losing huge amount of money that you can't afford to lose.

But then again, it's your decision or your strategy if you think that it will give you the fun and enjoyment plus the earnings that you are aiming to achieved.

To make such strategy to be effective (low staking gambling) is only when you have good self control, like knowing when to stop or continue, because even though you are making use of such strategy, and you kept chasing losses no matter how small or big the losses seems to be .

You will still endup losing big like those using large amounts of funds , because as you continue to lose your losses will keep increasing though it may seems small when separated but when added together you will noticed they you have lose alot , without you noticing it .

[mak013]

It needs time indeed if you'll just using small amount for your bets though it takes you longer than those usual gamblers who intend to double or more their money, taking low odds or using small portions of your capital though it's also a strategy that may prevent you from losing huge amount of money that you can't afford to lose.

But then again, it's your decision or your strategy if you think that it will give you the fun and enjoyment plus the earnings that you are aiming to achieved.

To make such strategy to be effective (low staking gambling) is only when you have good self control, like knowing when to stop or continue, because even though you are making use of such strategy, and you kept chasing losses no matter how small or big the losses seems to be .

You will still endup losing big like those using large amounts of funds , because as you continue to lose your losses will keep increasing though it may seems small when separated but when added together you will noticed they you have lose alot , without you noticing it .

Correct. The only moment i want to change - it can`t be called a strategy. Except situation when the main goal is to lose. Here we play random games with RTP less than 100%. It means that anyway you lose, with low stakes it will just take more time. The strategy is possible in predictable gambling - poker, sport betting.
So if someone says that he have a strategy for casino games - just stop him. Such games only for fun and low stakes give an opportunity to spend more time getting positive emotion until lose.

[Victorybit1]

Understanding the importance of risk management can help you reduce losses, it's better low and chase huge odds, I stopped staking high for a very long time and it has helped me reduce the losses I incur. Staking more that what you can afford to lose can really make you lose a lot of money. Low stakes can help you become more disciplined as a gambler, it's better to gamble this way because at any time you can lose. Some gamblers choose to stake high maybe when think that they have a game that's sure, forgetting that nothing is guaranteed in gambling.

[nimogsm]

Understanding the importance of risk management can help you reduce losses, it's better low and chase huge odds, I stopped staking high for a very long time and it has helped me reduce the losses I incur. Staking more that what you can afford to lose can really make you lose a lot of money. Low stakes can help you become more disciplined as a gambler, it's better to gamble this way because at any time you can lose. Some gamblers choose to stake high maybe when think that they have a game that's sure, forgetting that nothing is guaranteed in gambling.

Low stakes per game give a feeling of control and longer game duration because you can make more games than by betting a large sum once. But there is also a downside - it is important what the initial budget was for the games - we can play for a long time and little by little and this will be more than one large bet at a time. So here you should also pay attention to the number of bets placed and how much was spent in total, for example, per month.

[Julien_Olynpic]

Understanding the importance of risk management can help you reduce losses, it's better low and chase huge odds, I stopped staking high for a very long time and it has helped me reduce the losses I incur. Staking more that what you can afford to lose can really make you lose a lot of money. Low stakes can help you become more disciplined as a gambler, it's better to gamble this way because at any time you can lose. Some gamblers choose to stake high maybe when think that they have a game that's sure, forgetting that nothing is guaranteed in gambling.

Low stakes per game give a feeling of control and longer game duration because you can make more games than by betting a large sum once. But there is also a downside - it is important what the initial budget was for the games - we can play for a long time and little by little and this will be more than one large bet at a time. So here you should also pay attention to the number of bets placed and how much was spent in total, for example, per month.

It's funny, but it's true. Low stakes do create a feeling of a guaranteed win, lol. Although the math of these games is such that you will win often, but not so often that your wins can exceed your losses. Although, of course, everything here depends on more than just low stakes. Playing with low stakes can lead to different results. In one case, you are simply making random low bets. In another case, your stakes are only formally low. In fact, the true odds can be even lower. And in more understandable terms, you can bet on a game with a 60% probability of winning, while its true probability is 75%. Making such bets in the long run is profitable.

[junder]

Understanding the importance of risk management can help you reduce losses, it's better low and chase huge odds, I stopped staking high for a very long time and it has helped me reduce the losses I incur. Staking more that what you can afford to lose can really make you lose a lot of money. Low stakes can help you become more disciplined as a gambler, it's better to gamble this way because at any time you can lose. Some gamblers choose to stake high maybe when think that they have a game that's sure, forgetting that nothing is guaranteed in gambling.

If we are aware that the risk of gambling is great, then we will not gamble excessively, being aware of this can indeed minimize losses that can occur in large amounts. And actually, if we ourselves can limit the gambling that is done, the losses that occur will not be too great. In addition, although losses in gambling cannot be avoided, we ourselves can minimize them.
For people who gamble with the aim of having fun, they may be better able to control themselves, including the amount of money allocated to their gambling is not too large, as well as the amount of bets that may not be large either, this is good and allows for no major losses.

[mak013]

Understanding the importance of risk management can help you reduce losses, it's better low and chase huge odds, I stopped staking high for a very long time and it has helped me reduce the losses I incur. Staking more that what you can afford to lose can really make you lose a lot of money. Low stakes can help you become more disciplined as a gambler, it's better to gamble this way because at any time you can lose. Some gamblers choose to stake high maybe when think that they have a game that's sure, forgetting that nothing is guaranteed in gambling.

It is mistake. Your chances of big win much lower, so you risk smaller sums but lose much often. The result will be the same but it will take more time. Of course if you will choose the same risk management.
But you`re right about risk management. It is just the part of the strategy. Also you need money management, research before betting, good knowledge in sport you are betting.
If we talk about random gambling like casino games - the result is guaranteed lose after some time if you don`t stop after big win(if you get it)

[Fivestar4everMVP]

Understanding the importance of risk management can help you reduce losses, it's better low and chase huge odds, I stopped staking high for a very long time and it has helped me reduce the losses I incur. Staking more that what you can afford to lose can really make you lose a lot of money. Low stakes can help you become more disciplined as a gambler, it's better to gamble this way because at any time you can lose. Some gamblers choose to stake high maybe when think that they have a game that's sure, forgetting that nothing is guaranteed in gambling.

It is mistake. Your chances of big win much lower, so you risk smaller sums but lose much often. The result will be the same but it will take more time. Of course if you will choose the same risk management.
But you`re right about risk management. It is just the part of the strategy. Also you need money management, research before betting, good knowledge in sport you are betting.
If we talk about random gambling like casino games - the result is guaranteed lose after some time if you don`t stop after big win(if you get it)

Risk management is also the same as money management as long as its gambling talking referencing both to, learning to manage your risk is also the same as learning to manage your money because, in the first place, it's the money we put at risk and nothing else, maybe our time also, but I believe 99.9 percent of gamblers don't actually think or consider the time they put into gambling valuable as well.

And speaking of casino games, slot games or simply luck based games, guaranteed loss is only possible if luck is not on the side of the gambler, I understand perfectly well that the longer a gambler engages in this type of games, the higher their chance of ending up on the Negative side even after having had a good winning, but then, we can't say it's a guarantee, few lucky persons have remained in profit even after several years of playing luck based games.

[Ricardo11]

Understanding the importance of risk management can help you reduce losses, it's better low and chase huge odds, I stopped staking high for a very long time and it has helped me reduce the losses I incur. Staking more that what you can afford to lose can really make you lose a lot of money. Low stakes can help you become more disciplined as a gambler, it's better to gamble this way because at any time you can lose. Some gamblers choose to stake high maybe when think that they have a game that's sure, forgetting that nothing is guaranteed in gambling.

It is mistake. Your chances of big win much lower, so you risk smaller sums but lose much often. The result will be the same but it will take more time. Of course if you will choose the same risk management.
But you`re right about risk management. It is just the part of the strategy. Also you need money management, research before betting, good knowledge in sport you are betting.
If we talk about random gambling like casino games - the result is guaranteed lose after some time if you don`t stop after big win(if you get it)

In fact, the temptation of winning big in gambling, or the desire to win big, usually leads gamblers to further losses. Because hope of big win the gambler gambling uncontrollably, without thinking about how much money he is losing at that time, he becomes completely out of control, and loses much more than he can afford.
But those who are responsible gamblers, they know how to stop at the right time, responsible gamblers never gamble uncontrollably or emotionally.
When they lose, they take a break from gambling, and when they win, they withdraw to enjoy that win. But an addicted gambler never knows how to enjoy his win, they become greedy after winning, and they think that now they can win more, and with this mindset they gamble more, and lose all their money.
That is why if a gambler does not stop after winning big in a random game like a casino game, he is sure to lose the money he won. And such gamblers easily fall into a deep gambling addiction.

[hahay]

Low stakes per game give a feeling of control and longer game duration because you can make more games than by betting a large sum once. But there is also a downside - it is important what the initial budget was for the games - we can play for a long time and little by little and this will be more than one large bet at a time. So here you should also pay attention to the number of bets placed and how much was spent in total, for example, per month.

If the purpose of betting with low stakes is to be able to bet longer or more, then I think it has nothing to do with the total amount of money spent during the month. Because after all, betting with the initial calculation will also make the bettor have a budget that is ready to be spent but in reality, in gambling there will  always be a winning result. Thus, even though the bettor has a budget that is ready to be spent for a month, but with some wins obtained during that period will also make the budget and or finances remain good. Thus,  of course there will be bets that can be made with higher bets than usual.

[Hirose UK]

Understanding the importance of risk management can help you reduce losses, it's better low and chase huge odds, I stopped staking high for a very long time and it has helped me reduce the losses I incur. Staking more that what you can afford to lose can really make you lose a lot of money. Low stakes can help you become more disciplined as a gambler, it's better to gamble this way because at any time you can lose. Some gamblers choose to stake high maybe when think that they have a game that's sure, forgetting that nothing is guaranteed in gambling.

Agree if risk management can reduce loss but what about betting low and chance big opportunities, does that mean with low bets trying to take big odds or big multipliers?
If in sports betting then clearly doing all that will be in vain and the chance of success can be very small to get, when you have decided to set risk management with low bets then you have to accept it with the gols of having fun because low bets cannot possibly provide big win unless you get the jackpot, and in gambling jackpots are not easy win.

[Dave1]

Understanding the importance of risk management can help you reduce losses, it's better low and chase huge odds, I stopped staking high for a very long time and it has helped me reduce the losses I incur. Staking more that what you can afford to lose can really make you lose a lot of money. Low stakes can help you become more disciplined as a gambler, it's better to gamble this way because at any time you can lose. Some gamblers choose to stake high maybe when think that they have a game that's sure, forgetting that nothing is guaranteed in gambling.

Agree if risk management can reduce loss but what about betting low and chance big opportunities, does that mean with low bets trying to take big odds or big multipliers?
If in sports betting then clearly doing all that will be in vain and the chance of success can be very small to get, when you have decided to set risk management with low bets then you have to accept it with the gols of having fun because low bets cannot possibly provide big win unless you get the jackpot, and in gambling jackpots are not easy win.

Yes, before though, I had a different mindset, I mean during my early days of my gambling and becoming a gambling addict, I used to bet max on slot games because I'm thinking that it might give me a good returns. Those days though, I will same that I have the money to gamble and to be able to bet that huge amount. But when the time comes that I don't have that money, then I go switch and bet on low stakes and I will say that I did enjoy a lot.

I can also hit big if I really lucky in slots as it can give me huge returns to like close to 1000x with just a small amount like less than a dollar or even the smallest unit that you can play on a slot machine. So it was a totally different experience for me and I enjoy those days that I can hit that big multiplier wins.

[ethereumhunter]

In fact, the temptation of winning big in gambling, or the desire to win big, usually leads gamblers to further losses. Because hope of big win the gambler gambling uncontrollably, without thinking about how much money he is losing at that time, he becomes completely out of control, and loses much more than he can afford.
But those who are responsible gamblers, they know how to stop at the right time, responsible gamblers never gamble uncontrollably or emotionally.
When they lose, they take a break from gambling, and when they win, they withdraw to enjoy that win. But an addicted gambler never knows how to enjoy his win, they become greedy after winning, and they think that now they can win more, and with this mindset they gamble more, and lose all their money.
That is why if a gambler does not stop after winning big in a random game like a casino game, he is sure to lose the money he won. And such gamblers easily fall into a deep gambling addiction.

The temptation of winning big in gambling will makes them difficult to stop themselves from gambling which can makes them loss much money. When they loss, they think that they need to increase their base bet so they will use big bet to gamble for some time but the result may still the same as before. It is why they must responsible with their gambling activity and not using too big money to gamble. Playing gambling using small money will be enough to prevent the big loss in a short time and they can not enjoy their gambling activity because they will thinks about how they can get their money back. So rather than loss too big money, it is better they know how much money they can use to playing gambling so they can manage their loss not to becomes big.

[Ricardo11]

In fact, the temptation of winning big in gambling, or the desire to win big, usually leads gamblers to further losses. Because hope of big win the gambler gambling uncontrollably, without thinking about how much money he is losing at that time, he becomes completely out of control, and loses much more than he can afford.
But those who are responsible gamblers, they know how to stop at the right time, responsible gamblers never gamble uncontrollably or emotionally.
When they lose, they take a break from gambling, and when they win, they withdraw to enjoy that win. But an addicted gambler never knows how to enjoy his win, they become greedy after winning, and they think that now they can win more, and with this mindset they gamble more, and lose all their money.
That is why if a gambler does not stop after winning big in a random game like a casino game, he is sure to lose the money he won. And such gamblers easily fall into a deep gambling addiction.

The temptation of winning big in gambling will makes them difficult to stop themselves from gambling which can makes them loss much money. When they loss, they think that they need to increase their base bet so they will use big bet to gamble for some time but the result may still the same as before. It is why they must responsible with their gambling activity and not using too big money to gamble. Playing gambling using small money will be enough to prevent the big loss in a short time and they can not enjoy their gambling activity because they will thinks about how they can get their money back. So rather than loss too big money, it is better they know how much money they can use to playing gambling so they can manage their loss not to becomes big.

Responsibility is the most important thing in gambling. A responsible and self-controlled gambler can always keep himself away from gambling addiction. But the question is how many gamblers can be responsible?
Before they start gambling, they think that, The money they are gambling with right now, If this money is lost, Then stop gambling immediately. But in reality they cannot follow this principle, they continue to gamble emotionally after losing money.
Yes, it is possible to avoid big losses in a short time by gambling with small amounts of money, but not every gambler can follow this principle, they only want to win, and to win they keep gambling uncontrollably, and face more losses than they can afford.

[Raflesia]

Understanding the importance of risk management can help you reduce losses, it's better low and chase huge odds, I stopped staking high for a very long time and it has helped me reduce the losses I incur. Staking more that what you can afford to lose can really make you lose a lot of money. Low stakes can help you become more disciplined as a gambler, it's better to gamble this way because at any time you can lose. Some gamblers choose to stake high maybe when think that they have a game that's sure, forgetting that nothing is guaranteed in gambling.

With many people experiencing huge losses and also with many cases of those who went bankrupt because of gambling because they do not understand gambling properly where they assume that gambling is a means to make money while the victory is uncertain. In addition, as you said about risk management can reduce losses, that's right, because basically there will be no big losses if we ourselves can gamble well in other words there is no excessive behavior in doing it.

Another thing is that there is no clear certainty that we will be able to win, whether using low or high bets because gambling involves a lot of luck and I'm sure the victory depends on our luck alone, well with no one knowing when luck will happen then it's better not to pursue victory with reckless actions such as doing it with high bets and always like that.

[mak013]

It is mistake. Your chances of big win much lower, so you risk smaller sums but lose much often. The result will be the same but it will take more time. Of course if you will choose the same risk management.
But you`re right about risk management. It is just the part of the strategy. Also you need money management, research before betting, good knowledge in sport you are betting.
If we talk about random gambling like casino games - the result is guaranteed lose after some time if you don`t stop after big win(if you get it)

Risk management is also the same as money management as long as its gambling talking referencing both to, learning to manage your risk is also the same as learning to manage your money because, in the first place, it's the money we put at risk and nothing else, maybe our time also, but I believe 99.9 percent of gamblers don't actually think or consider the time they put into gambling valuable as well.

And speaking of casino games, slot games or simply luck based games, guaranteed loss is only possible if luck is not on the side of the gambler, I understand perfectly well that the longer a gambler engages in this type of games, the higher their chance of ending up on the Negative side even after having had a good winning, but then, we can't say it's a guarantee, few lucky persons have remained in profit even after several years of playing luck based games.

It isn`t so. Talking maximally simple - risk management is you analyze what odd is enough for some analyzed event, and money management - what sum you ought to bet.

Luck is something unmaterial, i can`t use it in research. And maths tell us, that you always lose - i`ve never seen RTP more than 100%.

It is mistake. Your chances of big win much lower, so you risk smaller sums but lose much often. The result will be the same but it will take more time. Of course if you will choose the same risk management.
But you`re right about risk management. It is just the part of the strategy. Also you need money management, research before betting, good knowledge in sport you are betting.
If we talk about random gambling like casino games - the result is guaranteed lose after some time if you don`t stop after big win(if you get it)

In fact, the temptation of winning big in gambling, or the desire to win big, usually leads gamblers to further losses. Because hope of big win the gambler gambling uncontrollably, without thinking about how much money he is losing at that time, he becomes completely out of control, and loses much more than he can afford.
But those who are responsible gamblers, they know how to stop at the right time, responsible gamblers never gamble uncontrollably or emotionally.
When they lose, they take a break from gambling, and when they win, they withdraw to enjoy that win. But an addicted gambler never knows how to enjoy his win, they become greedy after winning, and they think that now they can win more, and with this mindset they gamble more, and lose all their money.
That is why if a gambler does not stop after winning big in a random game like a casino game, he is sure to lose the money he won. And such gamblers easily fall into a deep gambling addiction.

I can`t say something about responsibility, but i can talk about getting profit. I make the same bet on all analyzed events if the odds are good enough. And it doesn`t matter if i lose or win. And i can say that such strategy works for the long terms.

[ethereumhunter]

Responsibility is the most important thing in gambling. A responsible and self-controlled gambler can always keep himself away from gambling addiction. But the question is how many gamblers can be responsible?
Before they start gambling, they think that, The money they are gambling with right now, If this money is lost, Then stop gambling immediately. But in reality they cannot follow this principle, they continue to gamble emotionally after losing money.
Yes, it is possible to avoid big losses in a short time by gambling with small amounts of money, but not every gambler can follow this principle, they only want to win, and to win they keep gambling uncontrollably, and face more losses than they can afford.

Only a few gamblers can responsible with their gambling activity where many of them falls into addicted to gambling without they know how to stop their gambling addiction. That is why they must only use the money they can afford to playing gambling so the risk will not too big if they are losing their money. They can also stop from playing gambling when their money runs out without thinks about deposit for more because they know that the risk of losing the money will be there. That is we must always aware and concern about prevention from the big loss in gambling because losing in gambling will always be there while the winning will not be always there. If we can take responsibility while we are playing gambling, we will not get any trouble from gambling but we can enjoy our time to playing gambling.

[GideonGono]

I used to do this before on my free time, it is just to enjoy my time when I have nothing to do, I also set up a limit on how much I could lose and how much profit would satisfy me at that time.
It is also my way on avoiding risking all my money at one bet.

[Fivestar4everMVP]

I used to do this before on my free time, it is just to enjoy my time when I have nothing to do, I also set up a limit on how much I could lose and how much profit would satisfy me at that time.
It is also my way on avoiding risking all my money at one bet.

You are right, low stake gambling is usually a way to just have fun for many of us who understand what it is, and this is because if it was really about winning and making money of this, it's completely off because we all know that how much we make as profit from gambling 99 percent of the time depends on how much we put in, same way it works with trading and investment as well, you don't bet $10 in a game with odd of 3, while someone else bet $100 on the same game with same odd, and you expect to earn exactly the same amount of money when the bet wins.

So for me, low stake betting has always been a way I just have fun, or something after a major play, I simply use the remaining money on my account for low stake betting on parlays, trying to see if luck will allow me use cents to win tens of thousands of dollar by putting 10 to 20 matches on one bet ticket 😁, and of course ive never had any success with this, but I still enjoy trying it from time to time.