Bankroll Beats Picks

[Sonia_123]

Giving gambling all your time without concentration to your personal life and people around you keeps you more dangerous than anything else, as a gambler, you need to set a limit for yourself that you gamble with in time and cash, so that you don't fall a victim of distance in your relationship to your loved ones which is when gambling comes in that is why in gambling, you are to control yourself and gamble with what you can afford to lose and be comfortable with it, but if you don't have, then it's best you don't gamble at all .

[tread93]

Who can relate to this?

Sometimes we don’t lose because we are bad at picking sides but we lose because we are bad at controlling our emotions.

I just want to share this from experience, there was one night where I was up big, like really lucky, and I started thinking maybe I was actually good at this. I was betting on sports and let’s say I made 10 bets, around 8 of them won. That’s like 80% win rate, so you would think I was doing good.

But the mistake came after one loss.

Instead of stopping or lowering my bet, I chased and then when that chase lost, I went all in, and of course, everything got busted.

That’s the sad part. You can win 8 out of 10 or even 8 out of 12 and still end up with nothing, just because you don’t know how to manage your bankroll and emotions. So maybe the real skill in gambling is not just picking the right side, but knowing when to stop.

Wow good advice OP. Its important to keep things into perspective so thank you clkd the context. If only the average person would keep walking around and ignoring  the issue

[Julien_Olynpic]

It's not about emotions, but about failed strategies. Going all-in is a stupid strategy. More precisely, in some exceptional cases it can be justified, but in most cases it leads to predictable failure. Moreover, people who go all-in subconsciously want to lose. It's strange, but true. And if going all-in brings them a random win, they'll go all-in again until they lose.

[Olatundespo]

I agree that most gamblers lose because they can't control their emotions. This is my situation when gambling because of lack of emotion control. After winning some bets, I feel like I'm lucky for the day. As a result, I get tempted to bet big, which is a mistake for me and sometimes I run the risk of going over my bankroll. I think that people who are involved in gambling have had this experience. Just as gamblers with less experience are at increased risk of losing they lose more because they cannot control their emotions. There may be times when you win or lose more at a given time or day, but you have to gamble with self control.

[junder]

Stopping in time is one thing, but minimizing your greed is quite another. And what does that require? Self-control and strict discipline. I've realized one thing: achieving this isn't so easy. It all sounds good in words, but when reality sets in, that's where the problems begin. Humans can't help but worry. They are emotional creatures. I've rarely seen anyone who can truly control themselves completely, without succumbing to the temptation to show their emotions.

Whatever it is in gambling including such as with self-control, discipline, or others of course it is only easy to say but difficult to do and this is a reality because I myself also experience it too when I gamble. And it is very, very rare that there are people who can really control themselves well when gambling because in my opinion the difficulty of self-control when gambling is none other than because of the strong attraction of winning in gambling even with defeat.

[fruktik]

Who gambles without even thinking about their bankroll? unless they are prepared from the beginning to just ruin their finances through gambling without directly saying it. As much as gambling can be fun and entertaining without self-control and the proper safety measures are put in places, it's easy for someone to get addicted to it before they even realize it.

I gambled without thinking about my capital. I'd lose my salary in a few hours, and then go and borrow more money from coworkers or friends. I wasn't even aware of my actions. It was like some kind of nightmare. It still gives me the chills when I think about that period of my life. What happened then, that made me act so recklessly? What caused it all? These are the questions I ask myself every time I read a news story about someone losing a fortune at the casino.

[Johnlomape]

I agree that most gamblers lose because they can't control their emotions. This is my situation when gambling because of lack of emotion control. After winning some bets, I feel like I'm lucky for the day. As a result, I get tempted to bet big, which is a mistake for me and sometimes I run the risk of going over my bankroll. I think that people who are involved in gambling have had this experience. Just as gamblers with less experience are at increased risk of losing they lose more because they cannot control their emotions. There may be times when you win or lose more at a given time or day, but you have to gamble with self control.

This is not about gamblers not being able to control there emotions but ability to be disciplined when gambling is what majority are lacking and this has been responsible for many issues gamblers are facing which some people may relate it as being emotional.
When you are not smart as a gambler, you may think that you are doing yourself good by predicting useless games that can never earn you any money or whatever you might be going to get in return.

[jeremypwr]

When it comes to gambling it's always very important to practice proper bank roll management.
Without having this you can pretty much say goodbye to any bank roll you are using.

[fruktik]

This is not about gamblers not being able to control there emotions but ability to be disciplined when gambling is what majority are lacking and this has been responsible for many issues gamblers are facing which some people may relate it as being emotional.
When you are not smart as a gambler, you may think that you are doing yourself good by predicting useless games that can never earn you any money or whatever you might be going to get in return.

What does "useless games" mean? I don't quite understand the meaning of that statement.

Do you think it's so easy to learn to control your emotions while gambling? I still haven't learned how to do this in many years. I try to suppress excessive emotional experiences, but it's clearly not enough. Discipline alone will clearly not be enough.

[Johnlomape]

When it comes to gambling it's always very important to practice proper bank roll management.
Without having this you can pretty much say goodbye to any bank roll you are using.

Managing your bankroll as gamblers is not that easy and it is the duty of gamblers to ensure that they manage their bankrolls so that they don't spend money on betting anyhow. Gamblers that know how to manage their bankrolls don't easily lose money when betting since they are very careful on the bet they are taking and thise ones that looks too good to be real are mostly ignored.
You don't have to gamble on all games that looks enticing with big odds of increasing our chances of betting on the match.

[Fivestar4everMVP]

Giving gambling all your time without concentration to your personal life and people around you keeps you more dangerous than anything else, as a gambler, you need to set a limit for yourself that you gamble with in time and cash, so that you don't fall a victim of distance in your relationship to your loved ones which is when gambling comes in that is why in gambling, you are to control yourself and gamble with what you can afford to lose and be comfortable with it, but if you don't have, then it's best you don't gamble at all .

The short way to put this is that if one must gamble, he or she must try as much as possible not to get addicted, because gambling addiction is the major cause or reason why a gambler will shift all his or her attention to gambling, and completely away from his or her family and relations and other people who needs him or her..

A gambler who is not addicted to gambling will hardly engage in gambling in a manner his family will lose his attention, I am using myself as an example, sometime when I really want to gamble, I do gamble alot, like I could spend the entire day or night gambling but if at any time, my attention is called or needed for whatever reason, I will immediately the game or even end it completely and continue another day when I have some free time.
So if every gambler should be like me, then it means like what I said above that its a gambler who has become addicted to gambling that derived his family and relation the attention they need because he has given all his attention to gambling.

[Agathamay]

Who can relate to this?

Sometimes we don’t lose because we are bad at picking sides but we lose because we are bad at controlling our emotions.

I just want to share this from experience, there was one night where I was up big, like really lucky, and I started thinking maybe I was actually good at this. I was betting on sports and let’s say I made 10 bets, around 8 of them won. That’s like 80% win rate, so you would think I was doing good.

But the mistake came after one loss.

Instead of stopping or lowering my bet, I chased and then when that chase lost, I went all in, and of course, everything got busted.

That’s the sad part. You can win 8 out of 10 or even 8 out of 12 and still end up with nothing, just because you don’t know how to manage your bankroll and emotions. So maybe the real skill in gambling is not just picking the right side, but knowing when to stop.

You shouldn't chase losses because it always ends in disaster and if there's anything I love about your illustration is how you didn't have to blame anyone for your losses but rather identified where you were wrong and acted on it.
Sometimes, heavy bank roll might just be a disadvantage for a newbie gambler but for a professional gambler, it literally becomes a tool to sort more money gradually rather than blowing about their account

[passwordnow]

You don't have to gamble on all games that looks enticing with big odds of increasing our chances of betting on the match.

But they're the chances that you should also take. I do that if ever it has come and there's an opportunity for me to pick those odds. It's not about just simply picking them but also knowing the game itself so analysis is a part of it. And I feel that enticement whenever there are those games I think that has shown good odds and I shouldn't miss that but, I can't bet in all of them.

[Hispo]

You don't have to gamble on all games that looks enticing with big odds of increasing our chances of betting on the match.

But they're the chances that you should also take. I do that if ever it has come and there's an opportunity for me to pick those odds. It's not about just simply picking them but also knowing the game itself so analysis is a part of it...

Let us be real and honest: there is an important percentage of bettors who are either incapable of carrying out their own analysis on their bets or are not actually interested in going through the process of such analysis, a lot of those bettors just take a look at what odds are offering, to the names of the clubs which will be faced one another in the next match, so they can take their pick without meditate about their choice calmly.

You are capable and have time for analysis, that is an advantage you have when compared to that slice of the betting population. Even if it does not guarantee you will have consistency, it gives you more chances than the average newbie who does not know what they are doing.

[laijsica]

Gamblers who can control their emotions while gambling are able to survive on this platform in the long term. Most gamblers do not succeed in gambling, not because of incompetence or lack of experience. Controlling emotions and excitement are the reasons why gamblers lose more.

If you win 100%, your desire to win more will increase because most people expect more the more they win. If you review your own gambling statistics, the number of wins is almost equal to the number of losses. Despite this, you cannot go home satisfied because even if you win, you are less inclined to stop gambling because you are expecting more wins. But you should have stopped gambling after winning.

[Julien_Olynpic]

The "all-or-nothing" strategy is extremely dangerous. It bears some resemblance to the Martingale strategy—albeit, so to speak, in a one-off variant. I often find myself pondering the financial motives that drive people to go "all in." In my view, such behavior is rooted in cognitive biases and subconscious distortions—a blend of misguided beliefs and automatic reflexes. One of the primary convictions at play is the "tendency bias." When luck is on your side, you begin to feel as though that good fortune will last forever; you convince yourself that by simply staking everything on a single bet—once or perhaps twice—you can secure your financial future for the rest of your life.

[Peanutswar]

Who can relate to this?

Sometimes we don’t lose because we are bad at picking sides but we lose because we are bad at controlling our emotions.
~.

Instead of stopping or lowering my bet, I chased and then when that chase lost, I went all in, and of course, everything got busted.
~

This is the emotional players do always losses in playing gambling. We know how fun and entertained it was when we wanted to play gambling when you are winning you are hitting your happy hormones you can get an excitement and wanted to play more because you feel that you are so lucky but once you already experience losing the game that's the time you will get into the denial that you can win again and it's just a split of losses happen and that's the time your winning be gone, instead you can take home a profit you ended up losing the earnings. People who dont control themselves most probably making a decision not logically but emotional.

[ZeroVinsonN]

It's not about emotions, but about failed strategies. Going all-in is a stupid strategy. More precisely, in some exceptional cases it can be justified, but in most cases it leads to predictable failure. Moreover, people who go all-in subconsciously want to lose. It's strange, but true. And if going all-in brings them a random win, they'll go all-in again until they lose.

It's actually what's happening around us, people take risks that anyone who looks at it carefully enough will know that it's not worth the effort but they still take this risks and that make you wonder what they are actually after and I believe you are right, they somehow don't want to win, it's an obsession but it's the truth, no matter how much they win they will keep going until they end up losing and that's when they finally know to stop, for some of them at least.

[sompitonov]

The "all-or-nothing" strategy is extremely dangerous. It bears some resemblance to the Martingale strategy—albeit, so to speak, in a one-off variant. I often find myself pondering the financial motives that drive people to go "all in." In my view, such behavior is rooted in cognitive biases and subconscious distortions—a blend of misguided beliefs and automatic reflexes. One of the primary convictions at play is the "tendency bias." When luck is on your side, you begin to feel as though that good fortune will last forever; you convince yourself that by simply staking everything on a single bet—once or perhaps twice—you can secure your financial future for the rest of your life.

Players often misconstrue themselves, and this applies not only to those beliefs but also to those who have frequently lost or experienced multiple losses in a row. In this case, the player begins to think they can't afford to lose so much and, not realizing the value of money, begins borrowing from friends and acquaintances, thinking that when they win, they'll be able to repay them. I never cease to be amazed at how many players continue to believe they can generate money from gambling, without developing a strategy or investing in other factors that enhance their playing skills.

[rachael9385]

Stopping in time is one thing, but minimizing your greed is quite another. And what does that require? Self-control and strict discipline. I've realized one thing: achieving this isn't so easy. It all sounds good in words, but when reality sets in, that's where the problems begin. Humans can't help but worry. They are emotional creatures. I've rarely seen anyone who can truly control themselves completely, without succumbing to the temptation to show their emotions.

Gambling with emotions has to be one of the biggest mistakes anyone can make because This is going to cause a lot of damages to the gambler. Even though we are naturally emotional it is possible for us to put our emotions under control as people that are disciplined. Self control is possible and there are lots of people that are able to do this without falling for the temptations that comes with gambling.