A Good Gambling Plan
Marshall Thuber was the first person to emphasize on “responsibility” as the most important success principle. He emphasized mainly on responsibility to our fellow human beings.
In your case, this translate to responsible gambling. Responsible gambling is possible only if you understand gambling theory. In other words, this also extends to responsibility in your decisions and outcomes on your gambling money. The way to do it is to set your own rules that apply to your gambling money, session duration and period of casino trip. First, you have to honour your rules. Second, you have to make sure that your rules are realistic. Being realistic means that your rules must consider and foresee all possible outcomes which may include best scenarios, worst scenarios and unexpected scenarios.
It is not easy to honour your rules. Many people refuse to honour their own rules because they were unable to accept the outcome. Usually, it is not their fault. It is just that their mental control breaks down. Only those who are emotionally mature are able to accept the outcome.
Ask yourself these questions:
What are your rules on money?
What are your rules on relationship with bankroll and playing sessions?
What are your rules on power to stop loss and power to quit?
From my experience in medical practice, I have found that when your mental control breaks down due to loss of money, relationship or power, people react in two distinct ways. First, they deviate from their rules, just like shifting the goal posts in the middle of the game. Their emotions are usually extreme. They may become extremely brave or extremely timid. Secondly, they go into grief reaction. Grief reaction is a symptom complex that manifest in many ways including depression. It usually takes up to six months for grief reactions to resolve.
At this stage, I would like to emphasize that NLP practitioners were the first persons to point out that human minds are unable to handle negative state of emotions. This in my opinion is very important but seldom emphasized. If you have not heard of NLP before, it stands for Neurolinguistic Programming. You can now see why it is important to clarify your rules on money, relationship and power. Clarity leads to power and wisdom. These three elements of money, relationship and power are your bluprint and checklist.
Your responsibility on money, relationship and power permeates every area of your lifestyle including your gambling venture. Gambling venture is not a ‘money’ venture. Gambling venture is a venture on money, your relationship with gambling money and your power to execute your gambling plan. Focus on the way you handle money, try to understand how you handle money under casino environment.
Finally, I would like to repeat what I have just mentioned. Your success or failure in gambling is not related to your ‘if only’ reasoning because each gambler play at their own comfort level. The quantum difference lies in the hazardous casino environment which can precipitate acute situational gambling behaviour and put you on gambling tilt. You have to be aware that the casino environment is affecting you in subtle ways as long as you remain in the game and even in the casino hotel.
You have to consider these elements in your gambling plan when you make your next trip to the casino. For example, you can work out the criteria when you will quit the game and when you will quit the casino.
You may still make mistakes because there are flaws in your gambling plan. However, always remember that a bad plan is better than no plan. You can always review your plan and improve on it. Start with a gambling plan. Do not procrastinate. Procrastination is the thief of time.
KEYPOINTS
1. Responsible gambling is possible only if you understand gambling theory.
2. Casino and game activities are environments with potential for hazards.
3. Human minds are unable to handle negative emotions.
4. Acute situational gambling behaviour and gambling tilt are due to irresponsible gambling, hazards of casino environment and inability of human minds to handle negative emotions.
5. You can counter these setbacks by having a good gambling plan.
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