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Author Topic: Ways to reduce the tendency to lose money in gambling.  (Read 2336 times)

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Ways to reduce the tendency to lose money in gambling.
« on: August 31, 2024, 01:58:56 PM »
A gambler's risk of losing money in gambling tends to increase gradually, but the risk of losing money can be reduced by making behavioral changes while gambling. The risk of losing extra money can be reduced by following some methods:

1. Limitation of money : Gambling should be developed for entertainment only. The tendency to gamble for earning money can be very damaging for a gambler. If a gambler can set aside a portion of his disposable income for gambling, the risk of losing extra money from his own funds can be greatly reduced.

2. Time allocation: A quiet time should be set aside for gambling at the end of the day's work so that a gambler can have a chance to allocate and also schedule time to play. Can even give time to his family separately.

3. Timing of Withdrawal: You should set ideal timings for withdrawing yourself from gambling such as during excessive losses or winnings. When a gambler can follow this method, the risk of losing money can be reduced.

4. Reduce cravings: One of the main reasons a gambler loses at gambling is greed. A gambler can reduce the risk of losing extra money if he can abandon greed and withdraw after winning.

However, a gambler should not choose gambling only as a means of earning money, he should remember that gambling is an industry where he can lose and win. Most of the time luck should be thanked for winning.
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Ways to reduce the tendency to lose money in gambling.
« on: August 31, 2024, 01:58:56 PM »

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Re: Ways to reduce the tendency to lose money in gambling.
« Reply #1 on: August 31, 2024, 02:29:52 PM »
What's essential is that the player knows why this is being discussed and if they need to reduce their gambling. It's hard to entirely stop and see it in an objective outlook if the person is addicted. Reducing cravings won't happen, and probably more temptation would be given to the person with an addiction, and justification would happen.

The best way to battle it is to ask for professional help.
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Re: Ways to reduce the tendency to lose money in gambling.
« Reply #1 on: August 31, 2024, 02:29:52 PM »

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Re: Ways to reduce the tendency to lose money in gambling.
« Reply #2 on: August 31, 2024, 03:12:23 PM »
I only see one thing to be very useful to gamblers which is not spending more than the amount of money which they want to spend on gambling. It sould not be more than 5% of their weekly income. He may divide the money into small amounts and decide to gamble with it, or he can go all at once, two or three times. Example is if he collected $100, he can use $5 to gamble that week. From the $5, he can be using $0.5 to gamble each time to prolong the time of gambling.

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Re: Ways to reduce the tendency to lose money in gambling.
« Reply #3 on: August 31, 2024, 03:25:11 PM »
What's essential is that the player knows why this is being discussed and if they need to reduce their gambling. It's hard to entirely stop and see it in an objective outlook if the person is addicted. Reducing cravings won't happen, and probably more temptation would be given to the person with an addiction, and justification would happen.

The best way to battle it is to ask for professional help.
If we only talk about theory, there will be many theories that we can convey to reduce gambling addiction. But as you said, it is not easy at all to do it.

The best way is to go to a professional if someone is addicted. but this is intended for everyone, including someone who is considered "responsible" in their gambling activities. It is not impossible that those who are responsible will also become addicted if they are too comfortable with it.

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Re: Ways to reduce the tendency to lose money in gambling.
« Reply #4 on: August 31, 2024, 03:44:10 PM »
Never set more for gambling then I think should be small allocation for gambling should not be more than 5% in my opinion.
Other needs are more important than gambling when there is some left over from your income then please use it for gambling.

It is better to gamble on weekends, do not gamble every day this can drain all your money, and you will not have time for family.

When winning, then make sure the withdrawal must be done, for example 70% withdrawn 30% played again, the important thing is that you have secured your winnings,

Never gamble because of desire, but gamble when you are ready to lose money because it is certain that gambling in the end you will lose.

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Re: Ways to reduce the tendency to lose money in gambling.
« Reply #5 on: August 31, 2024, 04:59:57 PM »
2. Time allocation: A quiet time should be set aside for gambling at the end of the day's work so that a gambler can have a chance to allocate and also schedule time to play. Can even give time to his family separately.

This is critical to reducing a gambler's losses. The more time you spend gambling, the more likely you are to lose money. A gambler who spends eight hours gambling is more likely to lose than someone who gambles for only 30 minutes. Although there are exceptions, this is usually our reality. One of the disadvantages of gambling for an extended period of time is the possibility of becoming addicted. The more time spent on something, the easier it is to become attached to it.

The same holds true for gambling. When a gambler is constantly gambling, he is gradually developing a habit and establishing a system in which satisfaction can only be obtained through gambling. For example, some chain smokers will tell you that they are not okay unless they smoke. So it is with gambling. When an addicted gambler does not gamble, he is not always satisfied.
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Re: Ways to reduce the tendency to lose money in gambling.
« Reply #6 on: August 31, 2024, 05:28:07 PM »
However, a gambler should not choose gambling only as a means of earning money, he should remember that gambling is an industry where he can lose and win.
A gambler who is also not gambling for the intention of making money but for fun should also not make gambling the only activity that they do for fun because making gambling the only activity you do for fun can greatly increase the potential for you to become addicted to it and lose a lot of money in the process. You have to find other activities, so you do not always have to gamble whenever you consider relaxing and having fun.
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Re: Ways to reduce the tendency to lose money in gambling.
« Reply #6 on: August 31, 2024, 05:28:07 PM »


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Re: Ways to reduce the tendency to lose money in gambling.
« Reply #7 on: August 31, 2024, 07:30:26 PM »
What's essential is that the player knows why this is being discussed and if they need to reduce their gambling. It's hard to entirely stop and see it in an objective outlook if the person is addicted. Reducing cravings won't happen, and probably more temptation would be given to the person with an addiction, and justification would happen.

The best way to battle it is to ask for professional help.
The only way to reduce the tendency of losing is by reducing gambling activity. Limiting ourselves from gambling is the best way to do rather than switching strategies and increasing bets. Just like chasing loses and winnings it can all lead back to more loses, that is terrible and probably the one that we are not a fan of doing.

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Re: Ways to reduce the tendency to lose money in gambling.
« Reply #8 on: August 31, 2024, 07:49:49 PM »
What's essential is that the player knows why this is being discussed and if they need to reduce their gambling. It's hard to entirely stop and see it in an objective outlook if the person is addicted. Reducing cravings won't happen, and probably more temptation would be given to the person with an addiction, and justification would happen.

The best way to battle it is to ask for professional help.
The only way to reduce the tendency of losing is by reducing gambling activity. Limiting ourselves from gambling is the best way to do rather than switching strategies and increasing bets. Just like chasing loses and winnings it can all lead back to more loses, that is terrible and probably the one that we are not a fan of doing.

or finding a more strategic way of winning their bets.  this can be a forever goal for a gambler when its really hard to stick to a strategy that some times fail.

but yes following OP's method can work. at least preventing more loss if the losing streaks happen. this is going to be hard for a gambler to do when most of us chase the loss every time. its just a matter of discipline. i have to remind myself to just stay in sports to prevent more loss than going for casino games.

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Re: Ways to reduce the tendency to lose money in gambling.
« Reply #9 on: August 31, 2024, 08:27:03 PM »
Everything boils down to these two: only play with money you can afford to lose and treat casinos as an entertainment platform, not a platform where you want to profit.

Sure, it will not hurt if you wish to make a profit but moderate your greed and accept your losses after you spend the money that you allocated just turn around go, and call it a day, the problem is gamblers keep hitting it thinking that luck is just around the corner, when it's still a long way coming.
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Re: Ways to reduce the tendency to lose money in gambling.
« Reply #10 on: August 31, 2024, 09:41:15 PM »
A gambler's risk of losing money in gambling tends to increase gradually, but the risk of losing money can be reduced by making behavioral changes while gambling. The risk of losing extra money can be reduced by following some methods:

1. Limitation of money : Gambling should be developed for entertainment only. The tendency to gamble for earning money can be very damaging for a gambler. If a gambler can set aside a portion of his disposable income for gambling, the risk of losing extra money from his own funds can be greatly reduced.

2. Time allocation: A quiet time should be set aside for gambling at the end of the day's work so that a gambler can have a chance to allocate and also schedule time to play. Can even give time to his family separately.

3. Timing of Withdrawal: You should set ideal timings for withdrawing yourself from gambling such as during excessive losses or winnings. When a gambler can follow this method, the risk of losing money can be reduced.

4. Reduce cravings: One of the main reasons a gambler loses at gambling is greed. A gambler can reduce the risk of losing extra money if he can abandon greed and withdraw after winning.

However, a gambler should not choose gambling only as a means of earning money, he should remember that gambling is an industry where he can lose and win. Most of the time luck should be thanked for winning.

Addicted gamblers will definitely lose money while making different attempts to either chase their losses or make more profits because they are too greedy to be satisfied with their wins. Reducing your engagements in gambling can cut down the risk of losing, tell me why someone would be actively involved in gambling for a whole week without taking a break, it's totally absurd, cut the amount of money you spend on it and also the time you spend on it too

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Re: Ways to reduce the tendency to lose money in gambling.
« Reply #11 on: September 01, 2024, 07:39:09 AM »
A gambler's risk of losing money in gambling tends to increase gradually, but the risk of losing money can be reduced by making behavioral changes while gambling. The risk of losing extra money can be reduced by following some methods:

1. Limitation of money : Gambling should be developed for entertainment only. The tendency to gamble for earning money can be very damaging for a gambler. If a gambler can set aside a portion of his disposable income for gambling, the risk of losing extra money from his own funds can be greatly reduced.

2. Time allocation: A quiet time should be set aside for gambling at the end of the day's work so that a gambler can have a chance to allocate and also schedule time to play. Can even give time to his family separately.

3. Timing of Withdrawal: You should set ideal timings for withdrawing yourself from gambling such as during excessive losses or winnings. When a gambler can follow this method, the risk of losing money can be reduced.

4. Reduce cravings: One of the main reasons a gambler loses at gambling is greed. A gambler can reduce the risk of losing extra money if he can abandon greed and withdraw after winning.

However, a gambler should not choose gambling only as a means of earning money, he should remember that gambling is an industry where he can lose and win. Most of the time luck should be thanked for winning.

Addicted gamblers will definitely lose money while making different attempts to either chase their losses or make more profits because they are too greedy to be satisfied with their wins. Reducing your engagements in gambling can cut down the risk of losing, tell me why someone would be actively involved in gambling for a whole week without taking a break, it's totally absurd, cut the amount of money you spend on it and also the time you spend on it too
To prevent gambling addiction it is important to allocate limit your money allocation the time. When you can set aside a portion of disposable income, it can ensure responsible behavior in your gambling. You must show responsibility to maintain balance of cash amount for your overall family responsibilities and your normal living. Also ensuring limits can reduce excess losses otherwise you will continue to gamble heavily and continue to lose.
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Re: Ways to reduce the tendency to lose money in gambling.
« Reply #12 on: September 01, 2024, 10:12:45 AM »
The only way to reduce tendency of loosing money in gambling is not to gamble at all. Gambling can not be a process when player only wins. Nobody or nothing can influence on the luck to change gamblers win:lose ration. No matter if you set limits, change strategy or games, use specific time to gamble, that all does not effect luck at all. So for me it is pretty simple - want to reduce something, stop doing it.
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Online bitterguy28

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Re: Ways to reduce the tendency to lose money in gambling.
« Reply #13 on: September 01, 2024, 11:38:48 AM »
The only way to reduce tendency of loosing money in gambling is not to gamble at all. Gambling can not be a process when player only wins.
that is true but some people still find entertainment and sometimes even prizes from gambling personally i do not think it’s such a bad idea to gamble as long as you have control over yourself and your money op’s point is very well thought of and should be followed if you want to try gambling no need to deprive yourself of the few pleasures of gambling imo

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Re: Ways to reduce the tendency to lose money in gambling.
« Reply #14 on: September 01, 2024, 11:51:51 AM »
What's essential is that the player knows why this is being discussed and if they need to reduce their gambling. It's hard to entirely stop and see it in an objective outlook if the person is addicted. Reducing cravings won't happen, and probably more temptation would be given to the person with an addiction, and justification would happen.

The best way to battle it is to ask for professional help.
The only way to reduce the tendency of losing is by reducing gambling activity. Limiting ourselves from gambling is the best way to do rather than switching strategies and increasing bets. Just like chasing loses and winnings it can all lead back to more loses, that is terrible and probably the one that we are not a fan of doing.

It would have been preferable not to gamble at allas you mentioned as it will help the gambler save money for other expenses, but it is difficult for someone who has been gambling to simply stop gambling, even if he is not addicted. In my opinion, all gamblers, particularly those who bet on football, should only gamble on weekends, with a set amount, and no more than two open tickets per weekend. This will allow him to better control his gambling losses and spending. 

 

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