Do you usually think about the lose before using that particular amount to bet?

[Jubilee58]

No gambler is always on profit no matter how skillful you might be, based on this, it is necessary not to overtake while placing your bet. There are some gamblers who unnecessarily increase stake just because they have so much confidence on their prediction, and eventually it will still fail.
I understand the risk in gambling, so I usually know that no matter how appealing my prediction might be, their is an inherent risk, and therefore I don't gamble with the amount of money that i can't afford to loose.

Before now, I was gambling without properly thinking about the risk involved when you over trust a bet, this usually make you to increase your stake, but if you understand that any prediction can actually fail, then you will definitely learn how to control yourself while staking your bet.

[Chibit01]

Those who are gambling and looking for who to shift blame to are really not the gamblers and are not supposed to be gambling. They could easily go into violent action each time they lose a bet.

As for me, what I do is to bet on an amount I can easily spend on something without thinking about the returned value that way I maintained a minimum risk and the lesser the amounts I risk the more I can easily let go of it and don't get too attached to the loose as I'm more prepared my stake amount is likely lost than the possibility of winning.

[Big Dirams]

Those who are gambling and looking for who to shift blame to are really not the gambling that aand are not supposed to be gambling they could easily go into violence act each time they lose a bet, as for me what I do is to bet with an amount I can easily spend on something without thinking about the returned value that way I maintained a minimum risk and the lesser the amounts I risk the more I can easily let go of it and don't get too attached to the lose as I'm more prepared my stake amount is likely lost than the possibility of winning.

You did took a right path of staking while gambling, many Mistake some gamblers make is that they just take risk blindly without even checking if truly they could withstand the pressure after we later loss the bet they just hope to see good outcome at the long run when they fully knowns that gambling is about luck and nothing more to that.
Risk what you can afford to let go and never stake higher than what will trigger your emotions or shift the balance of your trauma.
 Let always avoid the act of regrets by staking responsibly, losing what one can’t afford to loss is touching at times so let restrain from that.

[Dunamisx]

I mostly look at the probability of winning to that of losing in gambling and this is why I take a serious precautionary measure to how I gamble, when we are gambling, you should not be more focused on the amount we stand to win, instead we should more inclined our mind towards the risk we are taking that it is more likely to lose the bet, and it is more profitable for us to see gambling as being fun to do than it means to earn or make profit.

[Sammye3]

Of course, nobody in his/her senses would gamble without considering the looses. But most people still decide to take the risk regardless and that depends on how their income is generated. Many with the mindset "what's the worst that could happen", "I can definitely get back the money", these are thoughts that run through the mind of these risk takers but every amount is calculated mo matter how small.

As for me, the mentality is what really matters because I don't concentrate on winning like it's unchangeable to avoid getting disappointed. I prefer to keep my hopes low and expect any outcome, of course with an affordable amount.

[iv4n]

Gambling is very interesting and if you don't know how it works you could get carried away while gambling, gambling has become something that is worth more than going to source for work or searching for jobs. Majority of Men or people out there think that gambling is more profitable compared to go search for a reliable Jobs.

It's funny/foolish that some people compare gambling with a job...

My question is that, if you truly understand know about the loses involves in gambling would you go gamble with the amount you can not afford to lose?

In most of your topics, you use "gambling" as a wide term... Gambling is more than one game, and it's not the same if you are a poker player or if you spin slots, if you are a sports bettor, or you are an original games lover.

I don't play with money I can't afford to lose, but if I have to... I would choose poker or sports betting.

However, if you think about the loses that is involved in gambling would you still use the higher amounts to gamble or you would reduce your bet to make sure you still remains online gambling?

Bet size is not important as the deposit amount... You need to know how much you can deposit/spend, but when it comes to bet size, it's just your choice. Let's take $20 as an example... You can have a long session with minimal bets, or you can simply buy a bonus. It's your money, spend it however you like... just have control and don't deposit again if you can't allow yourself to spend a bit more.

[CryptoHeadlineNews]

Gambling is very interesting and if you don't know how it works you could get carried away while gambling, gambling has become something that is worth more than going to source for work or searching for jobs. Majority of Men or people out there think that gambling is more profitable compared to go search for a reliable Jobs.

Despite how the profits won through gambling might seem very huge when you are lucky to hit a jackpot, but one thing you need to understand is the fact that the profit in gambling is not always guaranteed, and it is not also long term, unlike a physical job where you will be sure of having a specific amount of money either weekly or monthly. Hence, job is still far better than gambling. But while gambling, it's always good to be responsible.

Of course, we know that anyone gambling should keep using either 1-5 percent of their monthly/weekly income?

There is no place within the gambling rules or community that states that people should gamble with either 1-5 percent of the monthly or weekly income to gamble, but rather what the gambling community always preach is for gambles to gamble what they can always afford to lose at all times. And that amount can either be 10%, 20% or even 30% of your income, as long as it's worth you can willing afford losing without it affecting you.

[Versatile_choice]

My question is that, if you truly understand know about the loses involves in gambling would you go gamble with the amount you can not afford to lose?

Personally I would say no" but I can't speak for other people. Some gamblers are already aware of the losses yet they still bet with what they can't afford, and sometimes this happens as a result of over confident, For example; when a team has a lower odd, at this point their chance of winning will be very high and for this reason some gamblers might decide to heavy stake, not knowing that those odds we are seeing there is just a trap even though sometimes it works accurately but not all the time that is why gambling is a game of luck because there's no certainty about the outcome.

[Cryptmuster]

Those who are gambling and looking for who to shift blame to are really not the gamblers and are not supposed to be gambling. They could easily go into violent action each time they lose a bet.

As for me, what I do is to bet on an amount I can easily spend on something without thinking about the returned value that way I maintained a minimum risk and the lesser the amounts I risk the more I can easily let go of it and don't get too attached to the loose as I'm more prepared my stake amount is likely lost than the possibility of winning.

A bet should be calculated so that it is around 1% of your deposit. In that case, a loss will not feel significant or emotionally damaging. If you feel like you’ve found a very strong bet and want to bet more, you can set a rule for yourself that even in cases of high confidence you should not bet more than 3% of your deposit.

This kind of discipline can protect you from many impulsive or poor decisions in betting. And if you are truly a skilled player who manages to win consistently, then it makes sense to grow your deposit over time, while still keeping your bet size proportional in the same way.

[Africolo]

Gambling is very interesting and if you don't know how it works you could get carried away while gambling, gambling has become something that is worth more than going to source for work or searching for jobs. Majority of Men or people out there think that gambling is more profitable compared to go search for a reliable Jobs.

My question is that, if you truly understand know about the loses involves in gambling would you go gamble with the amount you can not afford to lose?
Many people gambles now and when they lose they surely looks for someone or something else to apportion the blame because you used the amount that is a bit higher to what you can accept to lose to gamble but then, you had no option than to keep gambling till either you recover what you had lose while gambling. However, if you think about the loses that is involved in gambling would you still use the higher amounts to gamble or you would reduce your bet to make sure you still remains online gambling? Of course, we know that anyone gambling should keep using either 1-5 percent of their monthly/weekly income?

I might disagree with you on the first paragraph, where you said some people said that gambling is more profitable than some jobs, gambling can't be more profitable than a Job even though I know a one time substantial win can change someone's life because you can't be winning everyday but if you have a good Job, it will be there and be giving you profit so long you are deligent and going to work regularly. Gambling is full with disappointments and one will always face looses.

Apportioning blames to someone else when you were the one that decided to use a bigger amount of money that you can't afford to loose to gamble is senseless. The major cause of gambling in staking higher amount is because they are greedy and they feel once they use a huge amount to stake the payout will be huge which is actually true but they forget the implications that gambling is all about luck and you can loose at any given time, no one has ever been able to recover what they have lost so that mentality is wrong, we should just bet what we can afford to loose to avoid regrets when one looses.

[Accardo]

As for me, the mentality is what really matters because I don't concentrate on winning like it's unchangeable to avoid getting disappointed. I prefer to keep my hopes low and expect any outcome, of course with an affordable amount.

What you think does occur as a superb outcome for multiple gamblers who have no idea about greed and high expectations. Gaming is a sweet way to throw ourselves in the line of personal and external control. Whenever we are not capable of handling the outside control from which the house builds their funds, our personal strength diminishes at a fast pace and drops down the individual value of gambling that calls for self control and nice imaginative thoughts, to a point it falls to the mercy of whatever the house wants of the player, other than what the gamer wants for himself.

[Nwada001]

This is one thing that a lot of gamblers fail to consider before staking an amount of money, this is the reason why they end up losing huge amounts. They forget that gambling is 50/50, you can either win or end up losing. The problem with a lot of gamblers is that they feel too confident and sure of winning because they do proper analysis and research, doing all these does not change the fact that it's still risky.

50/50 in gambling: the chances of winning are mostly below that range; if we look at it very well, we lose more than we can ever win. I consider gambling to be a game of high probability, and we should treat it that way, not even rating it up to the 50% chance of winning. Lower the amount we risk and expect less from it; that will limit the amount you risk and the danger that comes with over expecting from gambling.

[libert19]

(Referring to title) I consider money already lost the moment I put my bet.

Many people gambles now and when they lose they surely looks for someone or something else to apportion the blame because you used the amount that is a bit higher to what you can accept to lose to gamble but then, you had no option than to keep gambling till either you recover what you had lose while gambling.

I don't blame anybody for my losses, and you don't have to continue to gamble to recover your losses; it's stupidity anyhow, just accept your losses and move on.

...we know that anyone gambling should keep using either 1-5 percent of their monthly/weekly income?

I don't have this kind of certain number though, I just deposit what I am willing to lose.

[Dogedegen]

Gambling is very interesting and if you don't know how it works you could get carried away while gambling, gambling has become something that is worth more than going to source for work or searching for jobs. Majority of Men or people out there think that gambling is more profitable compared to go search for a reliable Jobs.

Are you sure that this is true? Do you have any data that confirms this? I don't want to believe such a thing because this would mean that the majority of humans in the world are very uneducated and that would just be sad.

My question is that, if you truly understand know about the loses involves in gambling would you go gamble with the amount you can not afford to lose?

I don't believe that is possible, so if a person truly understood about the loses that come from gambling and that in the long run losing is assured they would never gamble with an amount that they could not afford to lose. If they game with an amount that they can not afford to lose than they do not really understand how gambling works even if they say something else. People should be analyzed how their actions relate to their words and not just what they say, because often you will find people that tell you things like yes yes I understand all that and then they do the exact things you are not supposed to do if you understand that.

However, if you think about the loses that is involved in gambling would you still use the higher amounts to gamble or you would reduce your bet to make sure you still remains online gambling? Of course, we know that anyone gambling should keep using either 1-5 percent of their monthly/weekly income?

Reducing your bets is never going to be a mistake even if you may at times fail to realize some extra wins by this, because anything that is in the direction of reducing gambling is always the right choice for you. Do not listen to people that encourage you to take bigger risks and hope for profits. Entertain yourself, play, lose a lot but lose very little in quantity.

[Wakate]

The problem is that most gamblers don't think about or also questions about it they ever lose the bet before using big amount of money to stake the game. Gambling is not guaranteed and there is no way we can know whether the bet you have staked huge amounts of money on would become a win. Gambling can be very hard to predict and it's enough reason to make us gamble responsibly.

[Alphakilo]

This is one thing that a lot of gamblers fail to consider before staking an amount of money, this is the reason why they end up losing huge amounts. They forget that gambling is 50/50, you can either win or end up losing. The problem with a lot of gamblers is that they feel too confident and sure of winning because they do proper analysis and research, doing all these does not change the fact that it's still risky.

50/50 in gambling: the chances of winning are mostly below that range; if we look at it very well, we lose more than we can ever win. I consider gambling to be a game of high probability, and we should treat it that way, not even rating it up to the 50% chance of winning. Lower the amount we risk and expect less from it; that will limit the amount you risk and the danger that comes with over expecting from gambling.

It's a slim chance really to think of more wins instead of losses when it comes to gambling, no matter how disciplined one gets, but I think one of the reasons why gamblers still go on gambling despite the high probability of losses is due to the fact that one big win can help recover all the losses incurred so far and that remains the motivation. It however depends on ones skills and strategies at hand to be able to achieve a good big win at least twice out of ten tries that majorly has losses.

[DiMarxist]

Every gambler should have a particular amount that he should have in mind, when trying to gamble. So even if you lose your money in the process it will not affect you mentally speaking. The role of having budget as a gambler is something that should be taken seriously because any gambler that don't have budget will have problems and regret later because gambling without a budget is like opening yourself up for financial misfortune.

[taufik123]

Many people gambles now and when they lose they surely looks for someone or something else to apportion the blame because you used the amount that is a bit higher to what you can accept to lose to gamble but then, you had no option than to keep gambling till either you recover what you had lose while gambling.

I don't blame anybody for my losses, and you don't have to continue to gamble to recover your losses; it's stupidity anyhow, just accept your losses and move on.

It's not that easy when you gamble but not to lose, there are some people who gamble for a profit, they start with a lot of bets and hope to get more wins.
Gambling to recover losses has entered into revenge gambling, no longer for a gain but to return the losses that once occurred.
If gambling is just for entertainment, there will be no term gambling to recover losses.

[rdbase]

The amount I usually use with depends on the budget I set aside to us before a certain match I want to bet on begins.
If I had some satoshis in my wallet I would look to see what the cost is to send this over the blockchain.
If it is low I would probably send half but if it is high then i would send the entire amount.
But nobody really should be placing bets they intend losing even before the match begins. This is being in a bad headspace and you might as well not be placing any bets if you think like this in the first place.

[Mia Chloe]

~snip

Well sincerely it is okay to think about possible losses sometimes however there is a high chance that if you are thinking too much about the losses that could come from a particular bet then you probably shouldn't be making that bet in the first place. But it's still kinda arguable.

Gambling involves money and in most of the things that involve money it's not really very practical to expect people to just act based on theoretical logic only.