Quote from: hedgeh0g on Today at 02:21:59 PM

Quote from: Cryptmuster on June 28, 2025, 07:18:05 PM

The importance of discipline, and bankroll management in gambling is hard to overestimate it is the foundation of your safety. I want to briefly go through the most important aspects, that will help you effectively manage your money in gambling.

- First of all you need to set a budget, that you will use only for gambling you can store it however you like, and it is not necessary to send it all at once to the casino deposit you can do it in parts. The most important thing is that you know exactly how much money you have for gambling, and never exceed this amount.

- Determine your bet size and limits. I mean a limit you can't exceed for a certain period (day, week) and also time limits, that you will not exceed this, will help you avoid emotional strain, and excessive expenses.

- If you take gambling seriously try to keep track of all your bets, wins and losses, this will help you better understand where you achieve the best results type of bet (championship and so on).

- Don't try to win back your losses. Every player experiences losing streaks after which there is a desire to recover, and for this increase the bet, but this should never be done. Accept a loss as an inevitable part of gambling, be ready for it, and strictly stick to your bet limits. If you feel tired take a break it is always good for your emotional stability.

Basically this is a small list of rules, that will help you especially if you are just starting your way in gambling.
You can add rules from your experience to this list, it will be welcomed.

That is why the best attitude to gambling is to treat it as entertainment, when a certain limit in monetary terms is allocated for a week or a month and you need to mentally say goodbye to this money. Like when we go bowling or play billiards. We just know that we are giving away this money. Now we will get positive emotions for it.
That's why I really like the idea that money spent on gambling and betting should be considered entertainment spending. Even if it means not ordering an extra pizza or going to the movies.

Yes, but most of the time, if you are really that competitive, you want to get back what you have lost even though you said that it is just for fun. Anyway, gambling is really not for everyone. If we want it to be just for fun or we really wanted to make money, then it also applies that we need mental discipline and self control. Because we are wrong when we talk about that gambling is for fun only but then we don't have that two. Because as human, it's really hard to control things in our mind specially that involved money. So for me, even if for entertainment, we should also be mentally strong not to deposit again and just let the way it is. Losing your money and not thinking of recovering as the next time you deposit, you might be falling for the trap again and again.