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Author Topic: Do you usually think about the lose before using that particular amount to bet?  (Read 633 times)
Joeboy
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Today at 03:05:19 AM
 #121

Gambling is a very funny game that makes you not to reason about the losses you have incurred when you are about to gamble, reasoning about your losses will definitely lead you astray and make you lose more .
If you are not gambling for fun, then it is better you don't gamble because the wins are not guaranteed and you cannot keep on gambling and thinking about your losses, it make gambling suffocating .

It is better you use small amount to gamble than using big amount to avoid over thinking about the loss you will be making or you have made
Saying this may be due to your personal reasons and experience, but I really think towards the opposite direction and that because the more folks think about the loss the more cautious they will likely become...Say for example a gambler used about $500 for a bet and lost the whole money, thinking about this loss can serve as a reminder to the gamble in question of the  consequences of placing high stakes and as such may make the gambler to apply more caution in their future bets... And so I don't really see how thinking of losses can lead folks astray, since losses in almost all cases have served as a valuable lesson, especially with how it has made most folks reassess their approach, reduce their stakes and whatnot...











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famososMuertos
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Today at 03:17:02 AM
 #122

:://:::

First, people need to get rid of that silly phrase, "money you can afford to lose." It's one of the worst expressions that keeps spreading like wildfire.

You should bet money that you want to grow or double; that should be the premise. Using a fixed amount such as 5% of your income is also a mistake. Depending on your income, 5% can be a significant amount of money. The first thing you need to know is how many bets you can realistically make. People should have a bankroll that allows them to keep betting over at least the medium term. And what is the medium term? Well, that depends on each person; everyone has to define that for themselves.

The point is that when you plan your betting this way, you don't obsess over every single wager. Anyone who does that is setting themselves up for financial trouble from the very beginning. For example, I could tell you how much I won or lost over the course of last year, but probably not for a specific month. I might remember, but that's not what matters. What really matters is evaluating your results over the medium term, at the very least.

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Cityhunter34
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Today at 05:33:10 AM
 #123

It's safer for us to always have this feeling that you can lose your bet at any time, so that In case it happens along the way, you wouldn't have any other option than to move on, regardless of the amount. Honestly, I always try as much as possible to gamble responsibly because I know that gambling depends on luck. It's very essential to maintain this mindset and know when to stop and call it a day, since nothing else can change the game.

Any gamblers who cannot maintain this standard shouldn't gamble at all, because gambling is not a get-rich-quick scheme

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OsaiEmma
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Today at 06:15:31 AM
 #124

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 don't really think about the money at stake though. I mostly just pick a set of games ( i bet on sport games by the way), then place an amount I feel will be just enough. I hate losing honestly, so I make sure what I'm betting with are spare money so that I won't feel the impact that much when it is lost.

But, your last statement about using 1 - 5 percentage of your income is not bad. Although, I personally do not practice such. I don't know the percentage of my income I use in betting, but it is something that won't hurt me if it's lost.

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Today at 06:25:59 AM
 #125

When you think about the loss first you will be able to make the right decision, most gamblers don't do this, they only think about how much they will make risking the money.

It's even better to be feeling like loss is coming for you, it's not a bad omen reckoning or something, it's just a pre caution way of handling gambling, think more about the losses than what you could win.

In the end you will likely lose more than you will win, this is how gambling works and that's why many casinos are still able to stay in business and make money, know that the house will always be ahead of you every time.

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