Post
Topic
Board Gambling discussion
Re: Double your money and quite
by
Jody.Drummer
on 03/07/2024, 13:48:01 UTC

Exactly that's the system of gambling either one win or lose , but is not everything will be winning or Losing. But when one is gambling wisely it normally reduce the chances of one making more losses or losses above their budget . Just as you Said is better to win a little than to lose big when trying to win big. And the greater the chances you making huge profits or win the higher the risk so we should always focus on how to manage those risks .

Yes, but the problem is being profitable at the same time as you play, winning more and losing less per month, that's the hardest part, and although we shouldn't keep a history, what we don't forget is a normal account, that is, we will always keep track of whether we lose more or less, that's natural, so to try to have more profits than losses I say that the trick is to see the game as a business, because if in 1 day you make 2 or 3 dollars of profit, well it is profit, in the long term it becomes a big profit, and that already changes the mentality.

There is some truth in what you say, the goal of business is to maximize profits, I understand that in gambling it is really quite impossible to apply the business concept, but perhaps with this business mentality a gambler can change his approach to gambling, even though for example the profit relatively small or meaning they only get small wins and not up to 2x the initial capital amount, or maybe only 20% but they will still use that amount to then cash it in, because in business even though you get a small profit but it is much better than you losing everything without getting anything in return.

But to be able to apply the concept of an approach like that, a gambler really has to be able to completely control himself, meaning they can't fall for their emotions in the slightest because that could thwart all their plans at the start, but on the other hand I would also say that it is still something which is difficult to implement a business concept like that in a place that does not have an element of consistency in terms of producing wins.