I am playing from a long time and trying to make good profit for me, i am using simple strategy to play on gambling site never goes out of my limit because i had a bitter from my past experience by using martingale because nothing is guaranteed into the gambling world.
That's true there is no assurance whatever strategy we are going to use in gambling because there are just 3 results if we are going to gamble. It's either we are going to win, lose or remain without loses and winning. I think the most effective strategy when you are going to gamble just know your limits, just like what you have said.
Yes! knowing your limit in gambling may lessen your losses and even lessen your winnings too, but I thing being safe is the right thing to do when you are engaging into gambling, and I think that most gamblers are not doing this and keeps on betting without the limit because in the back of their mind if they could win just one they can obtain a lot from gambling which is wrong! and for me trading is much safer that gambling!
Yes there's no specific strategy or method that can be apply in gambling.. there's no guarantee for winning streak in gambling. Being playing safe is the key for me when I gamble and should know when to stop.