Quote from: GregH37 on May 10, 2019, 09:44:18 AM

Quote from: GregH37 on May 07, 2019, 10:38:15 AM

Quote from: ausbit on May 06, 2019, 11:08:08 AM

Quote from: TheCoinGrabber on May 04, 2019, 04:06:52 PM

A common trend I see here in Gambling Discussion are people making threads complaining how they lost money, etc while playing. I bet they were not complaining while they were winning.

There's only on way to prevent gambling going out of hand and it also applies to other areas of life... Create a budget AND stick to it.

Set a monthly limit, a fund for everything entertainment-related. Use that up within a month or not, it gets topped up monthly and that's the only money you can use for gambling.

I dont even pay attention to those who cry on how much they lost on gambling, once I see people like that I just know they caused it to themselves. Because I know that gambling sites did not forcefully collect money from any individual.

I dislike it when players are not smart or those who are too greedy in playing games. There is no rule that says if you dont win in the game today, you cant win tomorrow, so why play a game like today is the end of it all? Set a limit and if exceeded, quit and come back to play again another day.. Efforts to replay immediately and the intentions to recover loses are always disastrous and it ends leads players to calamity.

And the irony is that those who lose to gambling will never come out to complain because they know that they shot themselves on the leg. Even gambling sites would say never gamble what you cannot afford to lose. But because the players feel they are smarter than the operators of the site, or they have one strategy that can make them win the odds, some would even go ahead to borrow money from their friends with the intention of winning back in double folds.

So when they lose, they just hide their faces in shame and the innocent people who didnt know that the players did that to themselves would start blaming gambling sites and writing negative reviews about gambling.

Thats very true. Understanding is the key to a secured gambling. Like you have correctly said, many people are not doing well in gambling and that is because they have the wrong understanding. It is really annoying to see that people are dependent on gambling to pay their daily bills and this is not right.

Having fun in gambling would be much easier if players can just enter with the mindset of not making so much and even when they intend to make money but not been greedy. Gambling never made anyone rich so it is pointless to be desperate to make so much money from gambling. There is a great difference between gambling and Ponzi scheme, even though they are both risky.

The prerequisite to any venture you want to be part of is the knowledge about that area. It is very important to learn the hows and whens if you want to succeed in that area. The main reason why so many people terribly fail and loose everything in gambling is the fact that they treat it as a way of making easy money which is not right. The probability of win in gambling is less than 50% for a wise man. How come a man who knows nothing about gambling hit a 100% probability only if there is no luck involved?