Ways to reduce the tendency to lose money in gambling.

[Igebotz]

When you gamble because you are in need of money, it will make you lose the little that you have. This is because you are gambling under pressure, and you will not be able to think right for better decisions on your bet. Gambling is for fun and not a money doubling machine, therefore, anyone that is gambling should understand this and shouldn't gamble for profit. It is good that you also have a gamble budget in order to have self-control over your gamblingactivites.

I agree with you. When a person is faced with a problem or a pressing need, he should avoid gambling because he will make hasty decisions that will result in a negative outcome. When a gambler is focused and makes predictions, he is still unsure of his chances of winning. Imagine making predictions because you have a problem. The gambler will unintentionally accumulate a large number of risky games in order to solve his problems, and he will eventually lose everything he has, as you mentioned.

I understand that borrowing or even saving can be difficult at times, but it is better to leave the problem unresolved than to gamble to solve it. This is because gambling will exacerbate the problem, making it difficult to contact friends or family who may be able to help.   

[0t3p0t]

Are there actually ways through which we can reduce the rate of loss in gambling, maybe we can instead look into how we may be able to have tolerance for it instead, gambling is not what we should see as something that takes more from us than we earn from it, we are to gamble for having fun and nothing more, this is going to be how we are going to see it, gambling may not have to come the way we expect to see it coming at all time, i don't think there is a particular means to reduce loss in doing.

Yeah since if we lose today we stop then we place bet the next day so losses can go high in the long run sometimes even limiting bets has this tolerance we always had. Last bet is always my reason when I gamble but it ends up more.

[Primo1760]

The few valuable points you have mentioned here are very important to reduce the tendency to lose money in gambling. But I want to say that gambling should only be for entertainment and gambling should never be taken as a means of earning money. If gambling can be taken as entertainment, the tendency to lose money in gambling can be greatly reduced because when a person gambles for entertainment, he will only gamble with the amount he can afford to lose. A person who gambles to make money may spend more money than he or she has budgeted because his or her main goal will be to make money. Excessive greed from gambling must be avoided because this greed is very deadly which plays the most important role in destroying a person. Therefore, I would simply like to say that gambling should be done with a certain amount of money that cannot be used outside of the budget.

[$crypto$]

Are there actually ways through which we can reduce the rate of loss in gambling, maybe we can instead look into how we may be able to have tolerance for it instead, gambling is not what we should see as something that takes more from us than we earn from it, we are to gamble for having fun and nothing more, this is going to be how we are going to see it, gambling may not have to come the way we expect to see it coming at all time, i don't think there is a particular means to reduce loss in doing.

Yeah since if we lose today we stop then we place bet the next day so losses can go high in the long run sometimes even limiting bets has this tolerance we always had. Last bet is always my reason when I gamble but it ends up more.

We can apply the amount of money to be used in gambling within a certain period of time. But that doesn't mean we have to use it all at one time. Because when we gamble every day with a small amount, then if we accumulate it for a month then it will be a large number.

As much as possible if we must be able to limit ourselves, don't let us become gamblers who don't know the time and don't know the limits, because that will be very detrimental.

[Rubel007]

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.

Reducing your gambling engagement is part of a way to reduce your losses as a gambler, a lot of people don't realise that if you gamble on a daily basis you would have insurmountable losses, gambling only on the weekends would reduce your losses. The last point you made is also reasonable, gambling because of your needs would only lead to more problems due to the desperation you are putting into it. If you are betting on a soccer game the right mental approach should be trying to do it to have fun instead of thinking of how to make profits to solve your problems

When you gamble because you are in need of money, it will make you lose the little that you have. This is because you are gambling under pressure, and you will not be able to think right for better decisions on your bet. Gambling is for fun and not a money doubling machine, therefore, anyone that is gambling should understand this and shouldn't gamble for profit. It is good that you also have a gamble budget in order to have self-control over your gamblingactivites.

I agree with you. When a person is faced with a problem or a pressing need, he should avoid gambling because he will make hasty decisions that will result in a negative outcome.

Yes, if gambling is used to solve a problem, the gambler will create more problem because gambling can either win or lose. If the gambler chooses to gamble to repay the loan, the loan amount will increase. Whenever I gambled to win, I lost more. If a gambler needs more money then he should not gamble at that time rather he should find alternative way.

[Igebotz]

Yes, if gambling is used to solve a problem, the gambler will create more problem because gambling can either win or lose. If the gambler chooses to gamble to repay the loan, the loan amount will increase. Whenever I gambled to win, I lost more. If a gambler needs more money then he should not gamble at that time rather he should find alternative way.

It is difficult for a gambler to avoid gambling when he is in need. Regardless of the uncertainty in gambling, winning can bring money to the gambler, which is why most gamblers turn to gambling when they need money, but they usually regret it because they will undoubtedly lose. Gambling is unreliable because the only certainty is that you will lose.

The most concerning aspect of all of this is that some gamblers borrow to gamble with the intention of winning and repaying the loan, solving other problems, and having more money in reserve, but the gambler frequently fails to achieve his goal. This is why gambling is not recommended as a means of making money or solving problems.

[summonerrk]

I think that gambling is what all players come to. Someone starts playing immediately for money and only for it, such a gambler calculates the odds, looks for the lowest commissions and the best conditions for depositing and withdrawing funds.

And someone comes for fun, I think these are those who came to an online casino out of boredom or got free spins. Such people do not expect profit from the casino, they have fun learning this pleasant unknown.

But as soon as they win... the thirst for profit will come to them.

[pieppiep]

Yes, if gambling is used to solve a problem, the gambler will create more problem because gambling can either win or lose. If the gambler chooses to gamble to repay the loan, the loan amount will increase. Whenever I gambled to win, I lost more. If a gambler needs more money then he should not gamble at that time rather he should find alternative way.

As you know,  using gambling to try to find a solution to monetary difficulties is not feasible, as the potential result is normally negative. If a person decides to gamble in the hope that they will win enough money to pay off the debt it will be much worse as losing. Hence, for those who require funds, they have to look for other and more effective time tested measures such as finding another way to earn the required cash, one has to learn another skill that he or she can be paid for, or that one has to learn how to cut on the expenses of a project or even on the expenses required to be incurred day after day. Exclusion of gambling as a financial remedy is one of the ways that can be employed in order to prevent deterioration of the economic state, propelled by the habit.

[Findingnemo]

I can say don't gamble at all so you won't lose any money at all but for being in the reality everyone or whoever got the desire to gamble may not be free with their bet amount so some kind of restrictions can help them to reduce the loss like mentioned in OP. But I would say just be disciplined and if possible always bet the minimum bet amount that strech your gambling session which may give the satisfaction of gambling by spending less money.

[Igebotz]

I can say don't gamble at all so you won't lose any money at all but for being in the reality everyone or whoever got the desire to gamble may not be free with their bet amount so some kind of restrictions can help them to reduce the loss like mentioned in OP. But I would say just be disciplined and if possible always bet the minimum bet amount that strech your gambling session which may give the satisfaction of gambling by spending less money.

For someone who enjoys gambling, abstaining from it entirely out of fear of losing is difficult. For such a gambler, it is actually easier to lose than to never gamble. The reason for this is that when you do not gamble, you have the impression that you will win, which makes gamblers wager frequently.

I do agree with you, though, that discipline is necessary since sometimes a gambler cannot resist the urge to play because he feels confident in his ability to win. Nevertheless, as you have said, it is important to set limits and practice discipline when it comes to gambling.

[Cantsay]

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But as soon as they win... the thirst for profit will come to them.

This is where discipline comes into play - it’s always not easy to resist playing after being lucky to have won a certain amount in gambling, you’ll start to feel an unusual confidence that if you continue to play you’ll be able to win more but when you actually give in to that thought and play you’ll end up with nothing.

We have seen people win thousands of dollars and instead of calling it a quit for that session they decided that they want to flip it even more and make more money but before they could realize what was going on their balance ran till it got to zero and they had to quit with nothing.

[Igebotz]

This is where discipline comes into play - it’s always not easy to resist playing after being lucky to have won a certain amount in gambling, you’ll start to feel an unusual confidence that if you continue to play you’ll be able to win more but when you actually give in to that thought and play you’ll end up with nothing.

We have seen people win thousands of dollars and instead of calling it a quit for that session they decided that they want to flip it even more and make more money but before they could realize what was going on their balance ran till it got to zero and they had to quit with nothing.

A gambler does not have to wait for a win before exercising discipline. Discipline should begin even before he starts gambling by knowing when to stop. If a gambler fails to do this when gambling, he will be unable to demonstrate discipline when winning.

The reason for this is that if a gambler lacks control while gambling and losing money, is it when he has won that he will stop gambling when he believes he has enough of the bookie's money. At this point, the only thing on his mind will be to gamble more and make more money, because, as you mentioned, winning boosts a gambler's confidence.