Cryptmuster
Legendary

Activity: 2688
Merit: 1723
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Today at 08:09:05 AM |
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Plenty of gamblers have over confident when they were started to gamble that's why mostly these gamblers are put huge money because they hoping can won huge too from their bets but as a gambler we should be realize that we cannot avoiding to lost and how far we were attempt to avoiding it by using strategies or statistics to won the bets but sometimes eventually we lost money because bad luck and for me personally everytime i want to gamble i was confident can won the bets but i have realize that the potention to lost money always be there especially if i have no luck so, that's why i only used the money which i can afford to lost because i don't want my loses can make me desperate and so far this mainset can safe me from gambling addiction
It always works the same way, even the bets that you are completely confident in will sometimes lose. If you don't believe that and think you're such a skilled bettor that you can consistently find highly reliable bets, try placing 100 bets with the minimum stake and see how many of those "sure bets" end up losing. Now imagine that instead of betting the minimum amount, you had bet a large sum because you considered those bets extremely reliable. I think that if you conduct this experiment, the results will surprise you. You'll likely experience far more losses than you expected. And when large amounts of money are involved, those losses can be very significant.
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Insanity
Sr. Member
  

Activity: 973
Merit: 254
The Casino with Zero to hide
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Today at 08:28:21 AM |
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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?
If most gamblers asked that question to themselves they would most probably not bet at all to any event. The reason why most people who gamble do not ask that question to themselves is that they have a lot of confidence in the bets they place otherwise as I said if they did not believe their bet to have huge chances to be a winning one then they would not bet at all. Of course this is dangerous behavior to go and bet without thinking of consequences if this money is lost to a bet how it does affect me or my family. Personally to avoid asking that question to myself I only gamble with money I can afford to lose. I agree with you that it's one of the most crucial gambler habits to develop. To consider the potential outcome before betting. What most people don't realize is that many gamblers only see the money and forget that there is risk involved. Being confident in a prediction is good but there is never a sure way to win the bet. It's for this reason that money management is vital. If it is a significant sum that will impact you daily, your savings or family needs, then the amount is too much to risk. As far as I'm concerned, I always think that whatever I bet on gambling can get lost, and I am disciplined in not chasing losses.
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DPHOR (OP)
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Today at 08:32:26 AM |
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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 do not think about the consequences, but I can not use huge amount of money to bet either because it is simple to understand that if I use huge amount of money to bet, that means I am becoming indiscipline and it may affect me in a bad way financially. There is one thing I like about myself, that is financial discipline. If not for this forum, I may not even be gambling at all. But as I am gambling, I can not use more than small amount of money that I can afford to lose to gamble. This is how gambling should be and anyone who is gambling should be able to use what they can afford to lose gambling. Most time when I looked at those who are gambling with what they can't afford lose are mostly those who I assumed to be indiscipline because such often gets in control of them so easily. Therefore as a gambler it is always good to use what that wouldn't get them affected to gamble, than using higher amount and regret using such for gambling.
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junder
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Today at 08:37:20 AM |
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Before betting I sometimes like to think about the results that are sure to occur is defeat, this is a pessimistic behavior but yes it is the reality because in gambling we as players only have a lower chance of winning compared to the opportunity to lose which tends to be large. But even so there is hope embedded in the mind.
We should already know that we will lose so that's why we should use some money that is ready to lose.
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hedgeh0g
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Today at 09:10:17 AM |
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Before betting I sometimes like to think about the results that are sure to occur is defeat, this is a pessimistic behavior but yes it is the reality because in gambling we as players only have a lower chance of winning compared to the opportunity to lose which tends to be large. But even so there is hope embedded in the mind.
We should already know that we will lose so that's why we should use some money that is ready to lose.
I see this advice more often on the forum than others, but that doesn't mean it shouldn't be underestimated—it really is. Moreover, I apply it to every bet I place because I understand how important each bet is to me, and I approach it responsibly, having conducted my own analysis beforehand to the best of my ability. And in general, I think every professional bettor considers the possibility of both winning and losing, and that's what sets them apart from other players: they know what they'll do next, regardless of the outcome. I like that approach.
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Cointxz
Copper Member
Legendary

Activity: 3528
Merit: 1305
Leading Crypto Sports Betting & Casino Platform
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Today at 09:14:03 AM |
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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?
No. I learned this important lesson the hard way when I'm newbie thinking that I can manage to control my bets so it’s okay for me to use an amount I can’t afford to lose on gambling. Being responsible gambler will help us realize how dangerous gambling and all our deposits are automatically subjected to risk since it’s required to wager x1 before we can withdraw it. Meaning, if you deposit an amount you can’t afford to lose then you are obligated to wager it all before you quit gambling regardless if you don’t like to play anymore due to your losses.
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nimogsm
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Today at 09:26:40 AM |
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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?
Of course, I always take into account that I can lose the amount I bet and prepare myself for this. Secondly, I only bet what I am prepared to lose, and these are really small amounts that do not affect my monthly budget in any way.I came to the conclusion that I spend more on coffee per month than on bets or gambling, so it’s possible to roughly compare that, with the right approach, entertainment does not affect the budget.
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Frankolala
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Today at 09:30:56 AM |
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They said you should bet with the amount you know you can afford to lose, well I take that literally. And because i also know that it is a game of luck where the odds are staked against me, I have made peace with myself that whatever amount I am betting with is what I can afford to forego. It keeps me gambling responsible. By the way I pay mostly slots which is more luck-based than skill-based.
Honestly, I don't know why a gambler will bet with more than what he can afford to lose when he's not addicted because gambling is based on luck and there's no guarantee that you will win back what you have lost. Before I gamble, I take it that I have lost the money, I want to gamble with to entertain myself. So that, I don't get emotional after losing it.
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Patikno
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Today at 09:41:28 AM |
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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?
The difference between gambling and a job is stark. A job doesn't involve money or value, but gambling does. Therefore, gambling cannot be considered more profitable than finding a reliable job, especially about the uncertainty involved. Therefore, never consider gambling a profitable job; it should be better to consider it simply as entertainment. This is the most frequently misunderstood, or unknown aspect of gambling. They don't truly understand the risks involved in gambling, and they should be aware of this. Gambling is entertaining to a certain extent, but once it crosses the line (gambling with money they can't afford to lose), it can no longer be considered as "entertainment". In fact, gambling with unspent money can lead to financial problems in the future. Therefore, every gambler should only use money they can truly afford to set aside for gambling (a gambling budget), so that we can remain responsible gamblers in all aspects (especially in financial management). Personally, I consider gambling with 10, or 20 percent of my weekly or monthly income to be fine, as long as, that is an amount I can afford to risk. The bottom line is; you should know your limits when gambling, and you shouldn't be sacrificing your basic needs when using this money.
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TedMosby
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Today at 10:12:08 AM |
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IMO, there are 2 types of gamblers: - Gamblers who want to lose small. Usually more conservative. If a game has only a 1% chance of winning, they see more the 99% chance of losing.
- Gamblers who want to win big. Usually more aggressive. If a game has only a 1% chance of winning, they see there's a chance.
If you ask me, I am more like the first one, more conservative, and just trying to play safe. I am not saying the first one is better. For me, gambling and trading are almost the same, where one big win can wipe out many small losses. And vice versa, one big loss can wipe out many small wins.
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rachael9385
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Today at 10:28:47 AM |
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Before betting I sometimes like to think about the results that are sure to occur is defeat, this is a pessimistic behavior but yes it is the reality because in gambling we as players only have a lower chance of winning compared to the opportunity to lose which tends to be large. But even so there is hope embedded in the mind.
We should already know that we will lose so that's why we should use some money that is ready to lose.
What people consider as persimmism in gambling is actually a realistic perspective. Sometimes when I make a deposit into my bet account I assume that the money used to fund is already lost even before staking it on any game, this mindset prepares me for the loss I might incur and makes me gamble responsibly.
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CryptoYar
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Today at 10:40:40 AM |
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Gambling as substitute for real career is quickest course towards disaster in your financial life. Anyone who thinks that betting apps are long term career path, is blind due to desperation and greed. When you risk money meant for your rent or for food, you are going into real lunacy land, and I disagree. I believe the only rule I would stick to of losing just one to five percent of your pocket money or disposable income is because you don't want to lose your mind, I think that's the only one. But once retail players go through poor string of losses, they lose all their sense and begin to chase losses in huge doses. When one puts odds of house into computation, it will be easy to understand that it is essential to increase odds of house at minimum baseline for guaranteed participation in game for long term.
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lovesmayfamilis
Legendary

Activity: 2842
Merit: 5650
🧿🌿🕊️
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Today at 12:56:14 PM |
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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.
Sorry, OP, but your mindset is similar to that of someone who has no education and quite mistakenly confuses entertainment with job search. It is very surprising to me to read something like this, I do not dispute, maybe I am translating incorrectly not only the text, but also your thoughts. What does "Majority" mean? Where have you conducted similar surveys? In your village, where there are a lot of unemployed guys? And how can games be more valuable than good earnings? And it is precisely from such reasoning that a lot of people become addicted to gambling, because those who misinterpret the purpose of gambling, confusing them with earnings, drag more and more poor people into these games, who foolishly lose everything. When will people like you finally realize that you don't need to confuse what is meant for recreation with what can make one out of a hundred or even more a little richer, and ruin everyone else if someone hopes to earn money?
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Dr.Bitcoin_Strange
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Today at 01:55:35 PM |
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Right from when I started gambling responsibly, I don't stake with the amount I can not afford to lose because I understand that gambling is a game of uncertainty, so the reason why I will not stake with the money I can not afford to lose is because I already thought that I could lose the money or win, so nothing is guarantee. Unfortunately, those people that stake above the amount they can afford to lose are compulsive gamblers who lack discipline.
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Finebone
Sr. Member
  

Activity: 364
Merit: 307
The Casino with Zero to hide
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Today at 02:40:40 PM |
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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. I will agree with you that some men actually reason like this, especially in those part of the world where jobs are difficult to comes by, but those that reason like this are very poor in thinking, and they are destined to live in abject poverty, because your sense of reasoning will shift to something else once you start taking gambling as a source of income. 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?
It all depends on your approach to gambling, if you are taking it as what you are doing for fun or if you sees it as an opportunity to make money. If you are doing it as a fun thing, it would be difficult to go above your limits, and if what you can afford to lose has been lost, you are likely going to call it a day, but if you sees it as a means of making money, you will not want to be at the losing end, which in most cases will result in you chasing losses, and by doing so, you are going to gamble with what you can not afford to lose, which may put you in more trouble if it doesn't goes your way.
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Doan9269
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Today at 02:45:00 PM |
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Many gamblers are so daft to the extent that they don't consider the rate at which it is likely possible to lose in gambling to that of winning, gambling is for fun and if we cannot afford to bear the cost, we are advised not to take the risk we cannot afford.
Well as for others who also try to misappropriate funds that are not meant for gambling and take the risk to gamble with such, the probability of winning is very low compared to the risk of losing, we should dare to be aware of all this and know the risk that is ahead so that we don't jeopardize our funds or the ones that are in our care to manage.
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LastKiss
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Today at 03:09:43 PM |
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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? ~snip~
No, absolutely not. I don't want to create more problem by gambling with money that I can't afford to lose because I've experienced how it feels to lose money that I couldn't afford to lose so I will stay disciplined and stick to the amount I've set as a limit for each bet, altough it's hard to stay disciplined but it's worth for long term play. That way I can control my emotions and greed whether I win or lose. It's weird when people think that gambling is more profitable than having a reliable job since gambling doesn't provide stability. Whether someone wins big or loses big, it's not a dependable source of income.
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YOSHIE
Legendary

Activity: 2856
Merit: 1897
Leading Crypto Sports Betting & Casino Platform
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Today at 03:19:55 PM |
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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?
That is a problem that is often faced in general by many gamblers, initially yes they think about all the risks of loss, they consciously manage their financial management to bet, win several times, indeed in large amounts, greed comes, that is the weakness of every human being, when greed comes, all the consequences that were calculated from the start, everything goes out of control. In fact, generally gamblers are aware of any situation, including the money they use, the risk of loss and so on, the fact is that they know what they want to do and what they don't want to do, but all of that can be lost in an instant due to selfishness, emotions and greed, therefore those who understand gambling are the ones who are safe.
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Razmirraz
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Today at 03:35:17 PM |
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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?
The answer is no. If truly understand the losses, no sane person would use money they can't afford to lose to gamble. Most gamblers feel they know their limits in gambling, that is good financial discipline to protect themselves, but in fact, gamblers feel unable to overcome these feelings, even though they know the dangers, but when they see the gambling table, their logic immediately dies. It is necessary to apply a time limit so as not to interfere with other activities and a limit on the nominal loss that can be tolerated. If you feel the urge to gamble is starting to interfere with your thoughts or financial condition, it is important to immediately find other activities such as activities that require attention and require full concentration such as playing music, exercising or learning a new skill.
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Pumared
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Today at 04:12:29 PM |
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My strategy is always to deposit an amount I can afford to lose and divide that amount into a fixed number of bets. This is precisely to properly manage all the money and avoid betting less than I should. If it works, great, I continue. If not, I take a break and bet again some time later.
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