Lessons learned while gambling

[tech30338]

Anyone who gambles should be able to have fun with gambling. You should get enjoyment from gambling, not frustration or regret after placing bets. Adjust your mindset to see gambling as a way to have fun, not to make money.
Sounds silly, but that's how it should be. If you keep losing and aren't having fun gambling, forget about gambling and do something more productive.

the problem is everyone wants to have fun until they are already been having fun too much that they are spening lots of money, its not fun if you will lose big, having fun is winning losing small betting small as using gamble to burn time, but will stop when things are out of control, sadly some were caught by the situation and instead of enjoyment they were stress because they realized they have already spend above the budget they were thinking and now they don't know what to do.

[POPOLUV]

It is believe that when it comes to gambling we can never learn all the lessons while gambling because every seasons has its interface to deal with, so one of the lessons that has been keeping me going after i have suffer from it without knowing that it is a wrong concept to follow as a gambler, accumulating so many gamblers like up to 25 to 30 games in one ticket, all in the name of hitting a millions with low stake, i know how much i lost just because i was so greedy chasing millions, so i experienced that  staking on one to five games is much better because the lower games the lower your risk will be come and the higher your accumulation of games, the higher your risk will be come, so secondly i stopped thinking about my already stake games and lastly i have been cashing out once i see any cashout without thinking of allowing the games to play finished, so for that reason i do place some of my tickets on cut one to by passing the  cashing out.

[bitbollo]

it's easier to get fun from gambling than become rich from it
https://bitcointalk.org/index.php?topic=1234109.0
Experience made directly, could be the best. Here you can find mine, a real testimoniance made by dozens of bet recorded also in the forum.
I had the idea to have few "rules" and explain why these can be useful... Still find these pretty useful and valid for a general audience.

[Bluedrem]

I learned this lesson while gambling that you cannot be greedy, at the same time you must control yourself to avoid losses. When a gambler becomes excessively greedy while gambling, especially when he sees others winning money, his desire for money is created in him, and he starts betting without needing anything. In most cases, it is seen that they are losing money. And when they lose money, they gamble more to recover the lost money.
Then gamblers can no longer control themselves. That is, they challenge fate. They forget that the outcome of gambling is always dependent on luck.

[Patikno]

Seeking out the very seasoned and experienced gamblers in this forum to use this space as an opportunity to educate the masses and share your two satoshis on the subject of gambling lessons learned.

My two are pretty simple but hard to practice and that is quit while youre ahead. Cash out and slow down once you have won. Take a break and relish the win. The second lesson is to make sure you have established with yourself a budget for the night week month etc etc. And stick to that budget or else you may lose immensely.  Have a plan and keep it!

Your turn....

For me, gambling is a form of entertainment that encompasses various types of entertainment, and there are different types that are most popular among people. So, I think everyone has their own preferences when it comes to games, including me.

Returning to the topic OP discussed, I believe gambling can be detrimental when done excessively. Just like any other form of entertainment; it shouldn't be done over frequently, especially to the point of spending a lot of money (making it seem like a splurge). So, I believe the problem lies in one's attitude toward gambling, which must be within appropriate limits (both financially, and time-wise). Therefore, make a sound plan for managing your finances and time for any form of entertainment you choose (including gambling), and I think this is what OP is referring to.

[Leahized]

My two are pretty simple but hard to practice and that is quit while youre ahead. Cash out and slow down once you have won. Take a break and relish the win. The second lesson is to make sure you have established with yourself a budget for the night week month etc etc. And stick to that budget or else you may lose immensely.  Have a plan and keep it!

Both tips are good and if followed, gamblers will have self-control and no risk of addiction. My case is different because I always consider the downside and avoid the risk. In particular, by setting certain budget limits, I try to enjoy gambling. But sometimes when I win I act like a greedy person and wake up after losing a few dollars. However, I always learn from my gambling mistakes. After which we try to avoid making those wrong decisions.

[Agbe]

 Op what really happened to you? You only stated the suggestion and didn't tell what happened to your to learn the lesson. Though why you said is not fr from the truth. People still ask us if they should cashout the wins or continue gambling. If really we want to have fun in gambling you don't have to continuously gambling but withdraw your win and chill take some weeks break so that when you comes back, you come back with a fresh mindset and not the old one. Yes budgeting is one of the best approach for gambling and you must have a discipline if not that your budget too will be a fancy.

I am not a regular gamblers and I always gamble what I can afford to lose. And I gamble only on major leagues and tournamens. Therefore right now I am resting for the major leagues to start.

[sotelorene]

My two are pretty simple but hard to practice and that is quit while youre ahead. Cash out and slow down once you have won. Take a break and relish the win. The second lesson is to make sure you have established with yourself a budget for the night week month etc etc. And stick to that budget or else you may lose immensely.  Have a plan and keep it!

Both tips are good and if followed, gamblers will have self-control and no risk of addiction. My case is different because I always consider the downside and avoid the risk. In particular, by setting certain budget limits, I try to enjoy gambling. But sometimes when I win I act like a greedy person and wake up after losing a few dollars. However, I always learn from my gambling mistakes. After which we try to avoid making those wrong decisions.

i strongly believe that at one point or the other people still struggle with greed sometimes because it is very hard for a gambler to make a good amount of profit and will not have a thought of wanting to gamble again or try more luck, it is not that easy. sometimes when i see that i have already made a good profit i will be tempted to try again and this feeling is what makes some gamblers not be profitable in the long run if they follow the feeling but saying no to this feeling will make a gambler to be profitable and it will be interesting if someone get use to it.

[Rockson1]

Seeking out the very seasoned and experienced gamblers in this forum to use this space as an opportunity to educate the masses and share your two satoshis on the subject of gambling lessons learned.

My two are pretty simple but hard to practice and that is quit while youre ahead. Cash out and slow down once you have won. Take a break and relish the win. The second lesson is to make sure you have established with yourself a budget for the night week month etc etc. And stick to that budget or else you may lose immensely.  Have a plan and keep it!

Your turn....

You see this budgeting, I do not joke with it, athough to practice this in gambling you must be disciplined because sometimes when you exhaust your budget, you might be tempted to deposit more, I think that is when self control and discipline is been needed mostly, but the truth is that if a gambler stick or abide by this strategy, such gambler has been able to help himself from getting addicted, stayjng self and happy while gambling depends on how you apply the roles of gambling, one good thing about budgeting is that, you'll be careful how you use the amount that has been budgeted for the time being because you know that once it finishes before time, you will have to wait for the time to reach for you to budget another.

[LUCKMCFLY]

And I have one rule that has become my golden rule when it comes to gambling, never to lend money to someone to gamble or to pay off gambling related debts. Unfortunately, that last rule came from bitter personal experience.

But it's good that you shared this, because there are many times when we lend money to others to help them, and that's the sign that they can become villains and people who are likely to be our enemies. Because when they ask to borrow, they show us a face, but when we collect, they can get offended, Regarding what you do with the "Don't withdraw" thing, it's curious What do you do with that money afterward? I learned that I should withdraw it.

[Don Pedro Dinero]

Your turn....

Gambling isn’t a good way to make money; it’s more likely to make you lose it. If you want to make money, spend your time and money on other things, or at a push, set up your own casino rather than betting at one.

If you do gamble, treat the money as lost – as money you’d spend on a meal out, a trip to the cinema, the circus or any other form of entertainment where you don’t expect to come away with more money than you went in with. If you’re lucky that day and come away with more money, all the better, but don’t count on it.

[skarais]

~~~

the problem is everyone wants to have fun until they are already been having fun too much that they are spening lots of money, its not fun if you will lose big, having fun is winning losing small betting small as using gamble to burn time, but will stop when things are out of control, sadly some were caught by the situation and instead of enjoyment they were stress because they realized they have already spend above the budget they were thinking and now they don't know what to do.

To me having fun at gambling is about enjoying the game, regardless of whether it's losing or winning. If it's fun only when you win money, I don't think it's fun, but a moment of euphoria. Gambling is not always about money, but there are many gamblers who actually do it because of money. Of course I'm not blaming anyone for his gambling approach, but having fun at gambling is when they really enjoy the game.

[Yeesha]

You have said an important point. When a gambler is consistently making profit, more greed is created and if he can stop that emotion and refrain from gambling or stop it for that day, then he will have a positive habit. Even when he keeps losing, he will not decide to bet aggressively to cover the loss, but he will be able to stop betting while remaining within the limit of the loss he can tolerate. The main purpose here is to be able to control emotions. If you can control yourself in any situation, then the amount of loss in betting can be reduced to a great extent. And making a profit is a matter of luck. And in this case, for the purpose of what you said about the fund limit, I will say that the amount of money that a person is willing to spend on his entertainment such as watching movies, going somewhere or spending a good time with friends is spent for his entertainment. That amount of budget can be kept for betting. Betting with the intention of making consistent profits or getting rich overnight is likely to result in financial losses.

Some gamblers will not consider the number losses or wins if their main purpose of gambling is for fun and entertainment. Addiction in gambling does not only occur as a result of emotional instability, it can also be developed through several ways as the case may be, gambling addiction can occur as a result of excessive wins, negligence, impatient, irresponsible, and inability to focus more on pursuing your career and goals. Irrespective of your education, smartness and tolerance if you are not well composed, you will drown in gambling without achieving any tangible things, besides gambling is not beneficial, and considering one's mental health is actually very important.

[Tungbulu]

I went to help my mom out on her store and the little money sold was given to me to take home. On my way home, I saw these kind of gambling game and I decided to try my luck. I used the first money and lost it, my instincts was to win it back and that was how I continue gambling till I lost it all. I couldn't stop, because I needed back the money and thought the best thing is to continue playing.

Exactly what I was trying to say. That’s exactly how the game literally traps your mind, making you feel like you can actually win or recover your lost funds so easily, meanwhile this is just a way to lure gamblers into engaging in a mindless pursuit until they have nothing more to lose. While it’s true that there’s actually a possibility of winning or/and recovering from losses, gamblers should always come to the realization that the chances are really slim and they shouldn’t really put it in their expectations if they’re to have a safe gambling.

[Zadicar]

I went to help my mom out on her store and the little money sold was given to me to take home. On my way home, I saw these kind of gambling game and I decided to try my luck. I used the first money and lost it, my instincts was to win it back and that was how I continue gambling till I lost it all. I couldn't stop, because I needed back the money and thought the best thing is to continue playing.

Exactly what I was trying to say. That’s exactly how the game literally traps your mind, making you feel like you can actually win or recover your lost funds so easily, meanwhile this is just a way to lure gamblers into engaging in a mindless pursuit until they have nothing more to lose. While it’s true that there’s actually a possibility of winning or/and recovering from losses, gamblers should always come to the realization that the chances are really slim and they shouldn’t really put it in their expectations if they’re to have a safe gambling.

Specially if this is your first time or when you are a total noob in gambling on which a few wins will definitely boost up that kind of feeling, which you would definitely be thinking that you can be able to beat up the system and even thinking that you can be rich overnight and this is something that you would definitely be thinking along the way and this would be the main reason on why you would be continuing to play until you would be able to make those more deposits on the moment that you are already chasing up your loses until it would become that even more deeper and deeper as it goes ahead. This is why its important that having that sensibility and self awareness when it comes to things or whats the thing you've been dealing so that you wont be ending up on getting trapped on addiction or debt.

[el che]

Yes, by the way, I agree! You really should never gamble when you're in a bad mood. 🙋

You're almost certainly going to lose, even though it sounds completely illogical and contradicts the mathematical theory of probability. However, I've conducted practical experiments and have repeatedly observed this phenomenon. Incidentally, the same thing happens when you meet girls. It doesn't matter whether you approach them on the street or send a message on a dating site. On a dating site, it might be a completely formulaic message, but when you're in a good mood, girls respond positively, and when you're in a bad mood, they ignore you. I have no idea why it happens this way. But it's a fact!

Perhaps those people are right who say that our world is only 99% real and rational, while the other 1% is irrational. Of course, that's just magical thinking, but sometimes it occurs to me.🙆

What you are describing in both gambling and dating is the purest real world demonstration of the law of attraction. The universal principle operates on frequency and alignment, like attracts like. When you step into a situation radiating high energy, genuine confidence and a positive mood, you project a harmonious vibration that naturally draws open doors, favorable outcomes and receptive interactions. Conversely when you enter the room carrying frustration, desperation or a bad mood, you radiate an energetic resistance, a low frequency that unconsciously pushes away success and attracts friction, whether that manifests on a dating app or on the tables. That 1% irrational force you mentioned isn't just random magic, it's the universe acting as an energetic mirror, reflecting your exact internal state back to you, which is why attempting anything when your mindset is out of tune feels like fighting a losing battle against the cosmos.

[danadc]

To me having fun at gambling is about enjoying the game, regardless of whether it's losing or winning. If it's fun only when you win money, I don't think it's fun, but a moment of euphoria. Gambling is not always about money, but there are many gamblers who actually do it because of money. Of course I'm not blaming anyone for his gambling approach, but having fun at gambling is when they really enjoy the game.

The idea of ​​the casino is to have fun in every sense of the word, so it's not wrong to seek enjoyment. In fact, what many players here say is precisely that: to have fun when the goal is to win. But this idea of ​​having fun is just something that sounds good or looks good. We all seek to win, but when we don't manage to win, what remains is the fun, and we should be content with that. That's what gaming is really for: to have a different kind of time.

[Makus]

I think the point you made is almost every gamblers valuable lesson in gambling because it is easy to get carried away when winning especially when you don't have control over your emotions. After a few losses I had to make some readjustments on my gambling activities, it is important to reevaluate your strategies and see where you are going wrong. My mistake was also not taking a break after winning and Also not setting a budget aside for it, doing all these made me incur losses even when I wasn't supposed to.

Greed is very dangerous and this can make you lose everything you have won in an instant but I guess the psychology of the game is to keep people trapped whether they are winning or losing.

[Oshio-man]

To be focus on your strategy, there are some that don't believe in what they learn from gambling than to follow other gamblers that are not sure of their strategies in the gambling center because they are not comfortable with one strategy base on they are not confident on it, but what you focus and learn to begin to see results from the strategy it will be difficult for you to move from the strategy to another strategy because it may lead you to losses that will make you quit gambling, and quitting gambling for the sake of losses is the biggest mistake some gamblers are making because some of them don't know that they can take a break from the losses and begin to gain some tactics that will position them for steady winning.

[Youngrebel]

The second lesson is to make sure you have established with yourself a budget for the night week month etc etc. And stick to that budget or else you may lose immensely.  Have a plan and keep it!

A lot of bettors or gamblers you actually set out a budget before gambling but it is not just about having a target the main thing is to make sure that you are disciplined enough to stay consistent in keep up with it because you might incur a loss that might make you forget about your plans and make you gamble irresponsibly.

What happens next after exhausting your budget is what actually matters, it is important to work on self control as well and not just prioritizing budgets. After losing an emotional gambler can start funding their gambling account even when they know that they aren't supposed to continue staking after losing their budget.

Without discipline you cannot stick to a plan, self control is what gamblers should work on before anything else.