Quote from: Hispo on August 26, 2024, 04:39:23 PM

Quote from: Dewi Aries on August 26, 2024, 01:26:49 PM

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Like the approach you have where you really maintain a minimum budget allocation along with strong discipline, and the point is yes the most important thing is to always use the amount of budget that you are ready to lose, and besides that also limit your expectations of winning, gamble for entertainment and just think of the win as a bonus that will only happen once in a while.

I believe it is the best approach when comes to protecting oneself from becoming addicted.
For example, when I feel like betting or throwing some dices, set a moderate budget of 5$-10$, to be conservative. With such a number in mind I try to squeeze as much entertainment as possible from the session. If by chance, I manage to get a earning of 20% of more over the initial budget, then I consider to withdraw to an external wallet.
Withdrawing is the most important part when comes to realizing earnings, though that is a rather obvious statement. I have found myself in situations where I am winning already but out of pure greed I end up losing my winning streak and go back to lossing again, I assume it is a situation most gamblers have found themselves in.

Of course, I think that is the best approach and it has been proven that there is no better opinion than making ourselves more focused on avoiding various situations and possibilities that are not desired, namely by implementing various actions and decisions that are more directed at prevention, we must always remember that victory is nothing more than a probability, or "possibility" which means it will not always happen according to what we expect.

And I also have an approach that is more or less the same as your friend where usually $ 10 is the highest allocation amount I have ever bet, and usually I use a budget of 5 - $ 7 more often, and I will say the advantage of betting a minimum is that you will avoid losing too much, and secondly you will also avoid emotions and disappointment or regret but you can also get a decent win if converted with the capital you bring. Involvement in gambling requires intelligence, because what should actually be considered and made the main focus in gambling is not how much you win but how smart you are in keeping yourself safe.