Post
Topic
Board Gambling discussion
Re: Gambling mistake repeated by the gamblers
by
EarnOnVictor
on 11/05/2024, 19:12:10 UTC
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Better to be in positive even if it's just a small amount of earnings, as the chance of losing always higher compared to your chance of winning, the fact that gambling always accompanied by risk and without good control of your emotions will continue to lead your way to lose all the money inside your wallet.

I actually think that another big mistake repeated by some gamblers all the time is thinking that their winnings are small with the bet they make and that they should increase their bet size. It's true that with 10x multiplier you'll win $200 if you bet $20 and you will win only $2 if you bet $0.20, but the thing is that you can quickly lose all your balance betting $20 at once and never hit that 10x, that's what must be kept in mind always.
Everyone dreams of winning more. there more greedy people are in gambling, the more dangerous they are. Greed and emotion push people into risky investments, including gambling. If someone bet $0.2 and win 10x he will get $2 but our emotions won't accept it our greed will push us to bet $20 as if we win $200 but we never think that these are losses.  If we do we lose $20 instantly. this is our main problem. So our main focus should be controlling our emotions and greed
It's like an inbuilt virus that runs through the veins of almost every human on earth and that's why it's very hard to be content sometimes with the winning that we have already gotten from gambling, instead the idea of doubling the first actual amount you intended in Winning to even bigger amounts. Sometimes the plan to win little amount will be the goal but the moment we achieve that the plan gets bigger again.
It could truly be likened to an inbuilt problem but the fact remains that it is still about our emotions and how we can retrain and caution ourselves in whatever we do. Gambling is not an exception here and the fact that it's risky and tempting at the same time is the reason why we should fight better. It keeps calling that we should bet no matter the plans we have, but the question that we should be asking ourselves is whether or not what we are doing is the right thing to do. And if the answer states that it is the right thing to do, then we should continue to strive to be in that line and not deviate, but if it is not the right thing to do, we should then avoid it at all costs and not change our minds due to emotion.

We all have to know that the best antidote to emotion has always been discipline, let's be disciplined in all we and also be so determined about it because merely stating that we want to be disciplined can't solve the issue but the determination that we are truly disciplined. That's the only way we can stick to our budget and plans as gamblers.