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what is the percentage you think is good to gamble with from your income?

0.9-1 percentage depending on your income strength
1-5 percentage depending on your income strength
No percentage

Author Topic: As a gambler do you think we should allocate specific amount to bet on?  (Read 3010 times)

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Re: As a gambler do you think we should allocate specific amount to bet on?
« Reply #60 on: August 13, 2024, 03:30:55 PM »
Pressure is one of the factors that tend to lead a user to make quick decisions without any analysis, which can kill their profits and lead them to face losses. This pressure arises when you are fully dependent on gambling or when you have only the money you have put in the bet. At that time, gamblers want to win the bet quickly to recover that last money with profits, but they end up losing it. Then, they start to recover that loss by borrowing money again and again, which transforms them from winners to losers.
I completely agree. Pressure and emotions can be bad mix when trading or gambling. When people really need to win they mostly make quick decisions without thinking it through. This can lead to big losses. Then they try to win back their losses by borrowing more money which can turn good situation into a financial disaster. It is crucial to stay calm set achievable goals and be smart about risk to avoid this trap. By doing this people can make wise choices and avoid financial ruin.

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Re: As a gambler do you think we should allocate specific amount to bet on?
« Reply #60 on: August 13, 2024, 03:30:55 PM »

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Re: As a gambler do you think we should allocate specific amount to bet on?
« Reply #61 on: August 13, 2024, 07:59:03 PM »
Pressure is one of the factors that tend to lead a user to make quick decisions without any analysis, which can kill their profits and lead them to face losses. This pressure arises when you are fully dependent on gambling or when you have only the money you have put in the bet. At that time, gamblers want to win the bet quickly to recover that last money with profits, but they end up losing it. Then, they start to recover that loss by borrowing money again and again, which transforms them from winners to losers.
I completely agree. Pressure and emotions can be bad mix when trading or gambling. When people really need to win they mostly make quick decisions without thinking it through. This can lead to big losses. Then they try to win back their losses by borrowing more money which can turn good situation into a financial disaster. It is crucial to stay calm set achievable goals and be smart about risk to avoid this trap. By doing this people can make wise choices and avoid financial ruin.

Every gambler should avoid making hasty decisions. If a gambler makes a snap decision during a gambling session, he may be unable to dictate and avoid certain obvious risks because his level of concentration and rationality at the time is so low. This will result in unnecessary loss.

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Re: As a gambler do you think we should allocate specific amount to bet on?
« Reply #61 on: August 13, 2024, 07:59:03 PM »

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Re: As a gambler do you think we should allocate specific amount to bet on?
« Reply #62 on: August 13, 2024, 08:48:45 PM »
Pressure is one of the factors that tend to lead a user to make quick decisions without any analysis, which can kill their profits and lead them to face losses. This pressure arises when you are fully dependent on gambling or when you have only the money you have put in the bet. At that time, gamblers want to win the bet quickly to recover that last money with profits, but they end up losing it. Then, they start to recover that loss by borrowing money again and again, which transforms them from winners to losers.
I completely agree. Pressure and emotions can be bad mix when trading or gambling. When people really need to win they mostly make quick decisions without thinking it through. This can lead to big losses. Then they try to win back their losses by borrowing more money which can turn good situation into a financial disaster. It is crucial to stay calm set achievable goals and be smart about risk to avoid this trap. By doing this people can make wise choices and avoid financial ruin.

Every gambler should avoid making hasty decisions. If a gambler makes a snap decision during a gambling session, he may be unable to dictate and avoid certain obvious risks because his level of concentration and rationality at the time is so low. This will result in unnecessary loss.
That is true and we should be wise and recise when making decisions with gambling because things will just go fast. Busgetting was really one of the most difficult thing to decide because sometimes when greed strikes we're not even gonna realize we already place bets more than we can afford to lose so yeah we must be careful.

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Re: As a gambler do you think we should allocate specific amount to bet on?
« Reply #63 on: August 14, 2024, 02:52:59 PM »
Pressure is one of the factors that tend to lead a user to make quick decisions without any analysis, which can kill their profits and lead them to face losses. This pressure arises when you are fully dependent on gambling or when you have only the money you have put in the bet. At that time, gamblers want to win the bet quickly to recover that last money with profits, but they end up losing it. Then, they start to recover that loss by borrowing money again and again, which transforms them from winners to losers.
I completely agree. Pressure and emotions can be bad mix when trading or gambling. When people really need to win they mostly make quick decisions without thinking it through. This can lead to big losses. Then they try to win back their losses by borrowing more money which can turn good situation into a financial disaster. It is crucial to stay calm set achievable goals and be smart about risk to avoid this trap. By doing this people can make wise choices and avoid financial ruin.

Every gambler should avoid making hasty decisions. If a gambler makes a snap decision during a gambling session, he may be unable to dictate and avoid certain obvious risks because his level of concentration and rationality at the time is so low. This will result in unnecessary loss.
That is true and we should be wise and recise when making decisions with gambling because things will just go fast. Busgetting was really one of the most difficult thing to decide because sometimes when greed strikes we're not even gonna realize we already place bets more than we can afford to lose so yeah we must be careful.
f course. You should set aside a disposable limited budget while gambling because if you continue to indulge in gambling without restraint, you will get addicted and you will definitely end up suffering huge financial losses. Yes you may be a bit upset with your losing streak but you should not push yourself beyond your means.
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Re: As a gambler do you think we should allocate specific amount to bet on?
« Reply #64 on: August 14, 2024, 03:19:57 PM »
Every gambler should avoid making hasty decisions. If a gambler makes a snap decision during a gambling session, he may be unable to dictate and avoid certain obvious risks because his level of concentration and rationality at the time is so low. This will result in unnecessary loss.

Only a gambler that tries to be deceptive about his own self will try to gamble with hasty decision because you know that any money that you have gamble, that money is forgone unless you are lucky to make it back probably in that roll or in another set. A gambler must be responsible in all his decisions right from money wager and stake, the bankroll, the money won and most important aspect when you have loss money many times.

Another mistake some gamblers does is that many of them don't have a specific amount they bets on, they can have a large amount on their bank account and then use that to gamble without thinking twice about the repercussion that will come later.
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Re: As a gambler do you think we should allocate specific amount to bet on?
« Reply #65 on: August 14, 2024, 03:35:16 PM »
In any case when we are too excessive then it will have a bad impact on us, especially in this gambling. Make the limit as a marker that that is where we are able to lose.
For conducting responsible gambling a gambler needs to set limit which will help the gamblers preventing potential losses. A gambler when set a limitation with his gambling he can get the idea when he has to stop. By following this strategy he will understand how much risk he should take and protect him self financially which will help to keep his gambling well and help him to enjoy gambling. Along with that gamblers addictive behaviors will also be removed. After all a gambler will assist in managing good gambling activity.
At least they know when to stop and when to play. It can be seen from the money they have (don't force yourself to use money for other purposes), mental condition (because usually that also has a big influence) and so on.

The little things that are often missed are sometimes the most important, but because they are considered ordinary, they are missed more often. And also, don't just make it knowledge, but it must be practiced.

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Re: As a gambler do you think we should allocate specific amount to bet on?
« Reply #66 on: August 14, 2024, 05:43:24 PM »
In any case when we are too excessive then it will have a bad impact on us, especially in this gambling. Make the limit as a marker that that is where we are able to lose.
For conducting responsible gambling a gambler needs to set limit which will help the gamblers preventing potential losses. A gambler when set a limitation with his gambling he can get the idea when he has to stop. By following this strategy he will understand how much risk he should take and protect him self financially which will help to keep his gambling well and help him to enjoy gambling. Along with that gamblers addictive behaviors will also be removed. After all a gambler will assist in managing good gambling activity.
At least they know when to stop and when to play. It can be seen from the money they have (don't force yourself to use money for other purposes), mental condition (because usually that also has a big influence) and so on.

The little things that are often missed are sometimes the most important, but because they are considered ordinary, they are missed more often. And also, don't just make it knowledge, but it must be practiced.
It is difficult to apply sometimes, especially if the game is challenging, sometimes it can make you forget yourself, where the level of curiosity and greed become one to make you forget yourself

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Re: As a gambler do you think we should allocate specific amount to bet on?
« Reply #66 on: August 14, 2024, 05:43:24 PM »


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Re: As a gambler do you think we should allocate specific amount to bet on?
« Reply #67 on: August 14, 2024, 05:54:09 PM »
It is difficult to apply sometimes, especially if the game is challenging, sometimes it can make you forget yourself, where the level of curiosity and greed become one to make you forget yourself

I would like to do it, because no matter how challenging the game is, we as players in a casino if we do not have money we cannot access the benefit and that is even sadder if we spend it all in a game session, as I am more emotional, I always take that as a precaution, setting a balance willing to lose, for the rest I give myself over to the game, the coins and the impulses, for that reason I always try to determine my balance willing to lose.
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Re: As a gambler do you think we should allocate specific amount to bet on?
« Reply #68 on: August 15, 2024, 04:34:11 PM »
At least they know when to stop and when to play. It can be seen from the money they have (don't force yourself to use money for other purposes), mental condition (because usually that also has a big influence) and so on.

The little things that are often missed are sometimes the most important, but because they are considered ordinary, they are missed more often. And also, don't just make it knowledge, but it must be practiced.
It is difficult to apply sometimes, especially if the game is challenging, sometimes it can make you forget yourself, where the level of curiosity and greed become one to make you forget yourself
There is interest, there is curiosity and there is a desire to win something, that is what makes our emotions grow and we forget something that should not be done, but without realizing it we continue to do it.

This is also one of the reasons why when we gamble there is at least someone who knows. Because if there is someone who knows it will be able to help us to realize when we are out of control.

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Re: As a gambler do you think we should allocate specific amount to bet on?
« Reply #69 on: August 15, 2024, 06:16:13 PM »
I will like to see your different opinion on this misconception maybe let us know how to control gambling addiction if by using spare cash can reduce and limits gambling addiction or not.
Yes gambling has a fixed budget and it is very important that that budget is within your means. Because when someone gambles and loses gambling, he keeps depositing more and more to recover his losses until he has money. thus eventually he will lose all his money. so keeping a stable and strong budget is very important to protect yourself from gambling addiction.
When one loses money and deposits more to recover earlier losses he does not realize his loss but when he loses everything he only regrets.
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Re: As a gambler do you think we should allocate specific amount to bet on?
« Reply #70 on: August 16, 2024, 09:36:30 AM »
I will like to see your different opinion on this misconception maybe let us know how to control gambling addiction if by using spare cash can reduce and limits gambling addiction or not.
Yes gambling has a fixed budget and it is very important that that budget is within your means. Because when someone gambles and loses gambling, he keeps depositing more and more to recover his losses until he has money. thus eventually he will lose all his money. so keeping a stable and strong budget is very important to protect yourself from gambling addiction.
When one loses money and deposits more to recover earlier losses he does not realize his loss but when he loses everything he only regrets.
That is true though but sincere I don't encourage that because if one keeps doing that he would ends up losing more and More but if there are specific allocation for gambling then he would be fine maybe when the allocation has been exhausted there no way more to go make any additions deposit from their personal pocket to make deposit.
So, to me it would be better to have fix amount allocated to gamble otherwise it would affect the gambler overall life style.

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Re: As a gambler do you think we should allocate specific amount to bet on?
« Reply #71 on: August 16, 2024, 06:39:30 PM »
I always limit my bets and my deposits whenever i gamble. I only used spare of my funds, no specific amounts and no percentage, just spare of it, if i think i have much then i'll add. So far, i maintained this behaviour and didn't got any trouble yet or probably this is the best thing people should.
Exactly, gambling with spare cash different from your main savings is very important and what every gambler should normalise, as a gambler one of the trait that's required is self discipline, it's highly required in terms of spending so one don't go spending recklessly all I'm the name of gambling, setting limits is very important cause it would a gambler know when to stop and not tamper with their savings when they've exceeded their initial budget for the day or week. Every gamble needs to maintain gambling responsibly and if they follow the steps you've mentioned then they'll be good to go.
As a result of one being one the safe side, it advisable to gamble with funds you can afford to lose. Gambling as we all know is for fun but the narrative and initiative changed to making profit and earns meet as time went on. Now many people see it as a means of generating revenue and lots more.

When gambling, it it good one makes a budget plan that they could rely on while gambling and should not exceed their limits when they have exhausted their budget funds earmarked for their exercise. This is where discipline comes in as a gambler. Sticking to your gambling plan and not allowing the situation overwhelm you at any given stances.  With a budget, one can be able to control their emotions and feelings to not allow them them gamble excess above their budget.
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Re: As a gambler do you think we should allocate specific amount to bet on?
« Reply #72 on: August 16, 2024, 08:17:57 PM »
I will like to see your different opinion on this misconception maybe let us know how to control gambling addiction if by using spare cash can reduce and limits gambling addiction or not.
Yes gambling has a fixed budget and it is very important that that budget is within your means. Because when someone gambles and loses gambling, he keeps depositing more and more to recover his losses until he has money. thus eventually he will lose all his money. so keeping a stable and strong budget is very important to protect yourself from gambling addiction.
When one loses money and deposits more to recover earlier losses he does not realize his loss but when he loses everything he only regrets.

I agree with you. One of the most important ways for a gambler to avoid the temptation to gamble more than necessary is to set a budget and stick to it strictly. Setting a budget is also important when a gambler is successful. Some gamblers believe that when they are winning, it is the best time to increase their stake, but I disagree because he cannot win all the time, and increasing his stake will cause him to lose his profit and even his capital in the blink of an eye. So, whether a gambler wins or loses, there is a need for control, which can only be achieved by setting and sticking to a budget.
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Re: As a gambler do you think we should allocate specific amount to bet on?
« Reply #73 on: August 16, 2024, 11:12:02 PM »
Gambling as we all know is for fun but the narrative and initiative changed to making profit and earns meet as time went on...
This is when greediness starts to kick on. When people start to experience excitement and it becomes too much, hype on, and thinks, "oh maybe i win this much after this bet?". Those who doesn't have controls often falls for it, snd become addiction.
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Re: As a gambler do you think we should allocate specific amount to bet on?
« Reply #74 on: August 17, 2024, 12:17:40 PM »
Gambling as we all know is for fun but the narrative and initiative changed to making profit and earns meet as time went on...
This is when greediness starts to kick on. When people start to experience excitement and it becomes too much, hype on, and thinks, "oh maybe i win this much after this bet?". Those who doesn't have controls often falls for it, snd become addiction.

Well said, which is why gamblers should make every effort to control their greed. Greed is inherent in humans, and the desire for wealth makes it even more difficult to control greed, which is why controlling greed requires extra effort. I would like to point out that some gamblers' actions are motivated by greed, which is also responsible for their losses.

Gambling with greed has never produced positive results for a gambler in the long run. Let it be noted that a gambler with greed may be fortunate to win, but if he fails to control his greed, the funds won will undoubtedly be lost and as you have mentioned can become a road map for gambling addiction.
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