How to overcome The Twin Evils of Gambling

How to overcome The Twin Evils of Gambling

The twin evils of gambling are negative expected values and chasing losses. Negative expected values may be casino odds, rakes or commissions. Another way of describing chasing losses is “I will get it back ” syndrome. Gamblers are not just losers. They are big losers. The majority suffers from the human inborn instinct of “chasing lossses” . In other words, you want to get it back.

If you compare casino odds with the interest you earn from the bank saving account, you will realize how powerful casino odds are on the players.
Let’s say the casino odds is 3%. Saving accounts yield or return 3% in one year. Casino yields 3% in ONE bet. Casino make from the gambler in one bet what you make in a year from your saving account. Shocking! Isn’t it?

And if you chase losses, you will invariably lose out of proportion to your modest wins. For example, you may win 1k, 1k, 1k over the first three bets, then lose 1k, 2k, 4k over the next three bets. So, it is not about winning or losing. It is more about how fast you lose.

A fellow gambler posted in his blog that for every 1.3 seconds there is a “new” gambling system released for craps, sports betting, poker, roulette, baccarat and so on. And there are easily thousands of worthless gambling systems out there. Only a few gambling systems have merits. You must learn how to review or evaluate whenever a gambling systems is presented to you.

I have covered in my earlier posts in great details the pros and cons of gambling systems. Gambling systems are vulnerable to the full devastating effects of these twin evils of negative expected values and chasing losses.

If you are new to gambling, or if you are a recreational player, you need to learn how to tolerate or accept losses and not to chase losses. This is not easy but it becomes easier with practice and time. If you are an experieced professional, then you may counter the evils of chasing losses by learning strategies of smart chasing of losses. I have described several methods of smart chasing of losses such as HP Johnson’s system, Arthur Irwin Bruce Midas Touch System, modified Monte Carlo system, SF Roulan Fast Roulan and 1221 system as well as Frank Barstow series of systems.

(The modified Monte Carlo system is the system I used to win 160,000 over ten months).

The goal is to keep stakes low, such that your average wins are always higher than your average losses . As a reminder this method works short run only. For this method to work, you must make sure that short term does not become long term. Short term is defined by process, not time. You must learn how to review gambling systems. It is a very important skill in gambling.

Test yourself by buying or borrowing a book on gambling systems and see whether you are able to apply these principles to critically review the author’s ideas, opinions and viewpoints.

Similarly, you counter negative expectations games in two ways.

1. Define your game plan. It must be finite in terms of number of bets and time. Because within this context, it is possible to use strategies such that your average win is higher than your average loss.
2. Train yourself to spot situations as well as choosing games with positive expected values. In other words, you play only games or situations with positive expectations. Positive expectation is a very reliable and stable platform. Professional gamblers rely on positive expected value systems to make a living.

GAMBLINGHELP provide free gambling courses to help gamblers in recreational gambling, professional gambling, quit gambling.

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How Not To Become A Victim of Casino Scene

How not to become a victim of casino scene.

THIS POST IS WRITTEN FOR BEGINNERS

When you are gambling in a casino, you are hypnotized by the casino environment. You are like someone in the middle of the jungle or in the middle of the ocean. Just like you are surrounded by trees in the jungle or water in the ocean, in the casino you are surrounded by free food, free lodging, and dollars as baits. So you use lady luck, system and money management action to get the casino dollars.

What is the outcome. It is the casino that get your dollars. You are scammed into playing their game of random decisions.

Why don’t gamblers consider their gambling activity as part of the big picture. Let’s use this analogy. Your gambling activities are the trees, your big picture is the forest. You must train yourself to see not only the wood and the trees but also the forest. You must be aware of the big picture that you are in the middle of the forest.

The forest is the casino scene. If you go for adventure in the middle of the forest, you will be lost without the proper tools. These tools are maps, compass and local guides.

You need these tools to handle the casino scene. Without these tools you will be lost in the jungle. My free gambling courses will help you to arm yourself with these tools.

The big picture includes both private victory and public victory. Your private victory is your health and education and your public victory is money, relationship and power.

You should do well if you approach gambling with this mindset. You can never go wrong.

If you lose, lose within tightly controlled limits. That is your expenses. Expense is recreation. You can also consider expenses as a kind of victory just like charity.

If you are able to win long term, you get income, that is money victory.

Knowledge is power. Therefore you must educate yourself with a thorough understanding of gambling theory. Passing mark is not enough to beat the casino. You need to be an expert.

YOU NEED A CORRECT MINDSET TO HANDLE THE CASINO SCENE.

In this blog, I am persuading the readers to support its goal of educating the public and promoting responsible gambling.

I started this blog because I am very much inspired by the sincerity of the Singapore Government in promoting responsible ganbling.

If you have any question, email me at

soondr@gmail.com

Subscribe to Beginner’s Free Gambling Courses

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Gambling — Entertainment or Addiction

Gambling — Entertainment or Addiction

Entertainment

Gambling is for entertainment, as it was intended to be. Others just couldn’t handle a loss and always kept right on thinking that the next card would be the one to salvage all that has been lost. But it never happens. And these types of gamblers only comprise about 25% of the gambling population who cannot gamble responsibly.

How about the other 75 percent who gamble responsibly? These are the people who find the entertainment value of gambling and they are never blinded by the illusion that hitting it big time just once is the key to financial freedom.

Addiction

Only a small percentage of the gambling population gets into the ugly side of gambling. Although small they are significant because the destruction can be serious. Gambling problems are known to destroy families, friendships, properties, jobs, and at the same time fuel the rise of criminal and deceptive activities in society.

Gambling addiction can be destructive. Family, friends and your reputation are at risk. It is a condition often times ignored. There are escape gamblers that affect seventy five percent of women from their thirties and beyond. Usually the reasons for gambling is to escape from the emotional pain that they are in, being bored, lonely, depressed or that they make gambling their hobby or past time. These types of addiction can be treated by trained counsellors and psychiatrists and they usually recover in three to six months.

The action gambler is much more difficult to deal. The majority are men, where gambling for them creates ecstasy very much like drug addiction. This is much harder to treat, since the individual will deny the problem. Invariably, they will not co-operate with the counsellors and psychiatrists. They will typically not stop until they lost everything and left with nothing. They are financially ruined. Close relationships broke down and they become powerless to recover from the setback.

Despite the fact that gambling creates a lot of scams, more and more people continue to be drawn into gambling. The primary reason is to win a huge amount of money like jackpot because of the casino publicity that gambling can have positive outcome.

But then comes the most compelling reasons for addiction to gambling. In gambling, wins and losses cause dramatic psychological flicks. Because healthy human minds filter off negative emotions, gamblers are left with memories of pleasant feelings of euphoria. In other words, the gamblers lost a lot of money, but they think and feel like a winner. Scams or no scams, people still continue to gamble. This is the reason why traditional gambling still thrives today.

GAMBLING HELP provide free gambling courses to help gamblers in recreational gambling, professional gambling, quit gambling.

If you have any questions, email me at

soondr@gmail.com

My service is free and always will be.

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Gambling Help Money Management Part 10

 

Why Online Gambling Is Becoming Popular

 

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Gambling has been around for ages. People in ancient China gambled as well as in ancient Rome. Today, you will see that gambling is still part of everyday life. In fact, the game of chance is even considered to be a part of human culture. Everywhere you go, you will see people gambling. Today, you can even see online gambling where people can gamble right at the comfort of their own home.

From online sports betting to online casinos, you will see that online gambling can provide every type of gambling there is. If you love betting on the NBA  Finals, or in MLB or NFL, online sport betting is for you. But, if you love playing black jack, roulette, poker, video poker, or even slot machines, then you may want to try your luck in online casinos and websites.

So, why is online gambling so popular?

First of all, unlike traditional gambling, online gambling will enable you to gamble right in the comforts of your own home. All you need is a computer with an active internet connection and a credit card. You don’t actually need to travel to Las Vegas or Atlantic City to be gambling in a casino. All you have to do is visit one of the many online casinos available today in the internet, open an account, and start trying out your luck.

The great thing about online gambling is that it can give you the same thrill and excitement that you will get when betting traditionally. Also, you will be able to access every types of gambling that you can imagine online. From horse races, to NBA, NFL, NHL, MLB, and even NCAA games, you will be able to bet on your favorite teams.

There are also online casinos that will let you play poker against other online players. If you are just a beginner at games like this, you might want to try out the free versions of card games where you will be given virtual or fake money that you can use to practice with other people.

Although this will not really give you the same thrill and excitement as real gambling can, you will be able to first handedly experience what online gambling is all about. And, at the same time, you won’t be risking any of your hard earned cash.

As you can see, there are quite a lot of benefits that gambling online can provide. In fact, if you are in to sports betting, you will find a lot of professional tips that can help you make a decision on which team to bet on.

These are the reasons why online gambling is so popular among a lot of people.

However, you also need to keep in mind that whatever form of gambling it is, it is still gambling. And, this means that it will involve the risk of losing cash. Also, because it is gambling, you have to remember that it can be addictive. The rush that you will feel when you win and the urge to bet some more to get the money you lost will always be there. So, always be careful whenever you gamble. You might end up losing a lot of cash and get deep in debt.

Whenever you try your luck in online gambling, just remember that you need to set a limit on the cash you are willing to lose. Never set unreasonable goals as this will just push you to keep on betting way beyond your limit.

Remember, if you need gambling help or run into unexpected problems, always seek gambling help. We are friendly, approachable and more than willing to help you in your endeavour.

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Gambling Help Money Management Part 3

 

Helping You Avoid Losing a Lot of Money and Increase Your Chances of Winning

 

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Gambling is fun and entertaining. With the thrill and excitement that people feels when they gamble, you will surely want to try it out. Because of the fact that gambling provides a lot of excitement for people, it is understandable why a lot of people from all over the world visit Las Vegas, Atlantic City or Macau just to gamble. However, you don’t have to travel that far just to gamble. With online gambling, you can experience the fun and thrill of gambling right in the comforts of your own home.

However, before you start, you will need a computer or a laptop with an active internet connection. To make your bets, you will need a credit or debit card for it.

Although online gambling has a lot of advantages, such as no disturbances from people who had a little too much to drink and people who are smoking, you have to consider that it is still gambling. And, what this means is that there is really no sure way of winning. So, you need to carefully know about the different strategies in online gambling in order to decrease
potential losses and also increase your chances of winning money.

First of all, before you actually play online, you have to remember that online gambling is different from traditional gambling. The atmosphere is different from going to casinos as well as how you play the game. Here, you won’t be able to read the facial expressions or tells of your opponents. So, try practicing first. Most online casinos will offer free to play casino games where you will be able to play with no money at all. Although the thrill will not be as much as risking real money and winning real ones, you will see that playing the free versions first will get you familiar on the way the game is played online. This will give you a chance to get used to the software being used as well as familiarize yourself on the buttons you have to click on as well as learn about the betting rules.

This is a great way to practice as you will not risk losing real money.

After practicing, you will now be ready to really start gambling online.

In order for you to avoid losing a lot of money, you have to remember that you should never set goals that are unrealistic. In fact, you shouldn’t really set goals on the amount of wins you must make in each session. Instead, try to set limits on the amount of money you are willing to bet. The limits should be an amount that you can afford to lose in one day of gambling. If you lost, never try to bet again with the hope of breaking even or win. Money management and discipline is very important in gambling.

Gambling is gambling. Whether it is online or offline, there is no guarantee that you will win in every game.

You also need to keep in mind that gambling is also addictive. A lot of people who have been addicted to gambling lost a lot of money. In fact, some people became deep in credit card debt just because of gambling. Some people lost their business. Some declared bankrupt.

Also, set a limit on how many games you play in one gambling session. This will also help you avoid losing a lot of money as well as avoid getting you addicted to gambling.

Whenever you go online gambling, you have to treat wins as bonuses. If you lose, stop immediately and consider it as part of the game. If you do win, treat your winnings as a bonus and immediately stop playing.

Remember these tips and you can be sure that you will have a lot of fun in online gambling as well as minimize your losses and increase your chances of winning.

Remember, if you need gambling help or run into unexpected problems, always seek gambling help. We are friendly, approachable and more than willing to help you in your endeavour.

Subscribe to Beginners Free Gambling Courses

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Gambling Help Money Management Part 2

 

One Great Way to Have Fun and Also Win Some Cash

 

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For centuries, people enjoyed gambling. From betting on camel races, horse races, elephant races, cock fighting, fish fighting to betting on card games, board games, dice, wheels, you will see that gambling is really a part of human culture.

Today, you will see all sorts of gambling. You will see casinos with all the popular gambling games, such as Texas Hold ‘Em Poker, Roulette, Black Jack, Baccarat and slot machines, and you will also see horse races and Sports betting. In fact, gambling is so popular that there are also online gambling websites and software that caters to a lot of gamblers from all over the world.

Both online gambling and traditional gambling can give you much fun, and it can also let you win real money occasionally.

From casinos to sports betting, you will see all sorts of gambling in the internet, casinos, clubs and entertainment outlets. All you have to do is study the type of gambling that appeals to you, then place your bets and wait for the results.

Online gambling and online casinos are so popular nowadays that you will see jackpots that can amount up to 25 years worth of salary. With just a click of the mouse, you will have a chance in winning the jackpot. All you need is a credit card or a debit card and you will be able to bet.

The great thing about online gambling is that you don’t actually need to travel to casinos in order to gamble. Before the internet and online gambling was established, people had to travel to Las Vegas and Atlantic City just to gamble. Today, thanks to the internet and the establishment of online gambling websites, people are now able to gamble right at the comforts of their own home. In fact, you will be able to find people from different parts of the world gambling in the internet.

However, before you start gambling online, always be prudent when it comes to betting. Money management and discipline is very important in gambling. Never gamble with borrowed cash. Only gamble if you have the extra cash for it. Besides, you have to consider that countless people have become bankrupt because of gambling and also accumulated a lot of credit card debt because of borrowing more than they can afford to pay back.

Always remember that gambling is addictive. The simple thrill of winning money is enough to get you hooked in gambling. So, always be careful whenever you are gambling. If you are starting to lose, stop playing and think about what you are going through.

You have to remember that studies have found that gambling makes the human brain react like it does with drugs and food.

Always set limits to the amount of money to bet in one gambling session. By setting this limit and strictly sticking to it, you will be able to control the urge of betting more and more money which will eventually lead you to losing it.

It is important to remember that you can never beat the house. The longer you stay online to gamble, the more likely that house will end up winning. If you think that the amount of money you won is enough for one day, then stop and cash in your winnings. The same applies to losing.

These are the things that you have to remember about online gambling. Although it is a lot of fun and exciting, you have to remember that it can also be dangerous as it is very addictive. Always treat gambling as an entertainment and not as a way to make some cash. If you lose the amount of money you set that you can afford to lose, stop. If you do win, then treat the win as a bonus and leave.

Remember, if you need gambling help or run into unexpected problems, always seek gambling help. We are friendly, approachable and more than willing to help you in your endeavour.

Subscribe to Beginners Free Gambling Courses

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Gambling Help Money Management Part 1

 

Gambling Help: Introduction to money management

 

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Gambling has been around for centuries. It is so prevalent in the society that it has been considered to be part of human culture. From ancient Romans, to ancient Chinese, to modern civilizations, gambling has always been a part of history. In fact, even some of the most famous monarchs are known to have gambled and some have also been addicted to it. Today, you will see that a lot of people from all over the world are now visiting and engaging in both traditional gambling and online gambling.

Online gambling is now one of the largest in the gambling industry. In fact, some online gambling websites are even larger than some of the major casinos in Las Vegas, Atlantic City, Monaco, Macau, Singapore and Malaysia. In recent years, online gambling became very popular. Unlike traditional gambling, online gambling has lower start-up cost. In addition, online gambling is able to provide for all people from different parts of the world. With online gambling, you will be able to test out your luck right in the comforts of your own home.

When it comes to gambling, there is that elusive age old question regarding gambling, which is how to win in it.

Basically, you have to remember that gambling is gambling. There is no guarantee that you will always win whenever you gamble. Whether it is online or
offline, you will still experience losing. There may be theories on gambling, but you have to remember that even these theories will not claim to provide you with
wins all the time. In fact, some theories even emphasize that you will experience losses.

You need to face the fact that whenever you gamble, you are always risking something in order to gain something. However, in gambling, you will see that
there are strategies on how to increase your chances of winning and minimize losses.

By following these tips, you can be sure that you will be able to enjoy gambling more, and minimize risk of losing a lot of money.

First of all, you should never set an amount that you should win in a single day of gambling. Instead, you should set an amount of money that you should bet. And, it is very important that you should never ever set an amount of money to bet that you cannot afford to lose.

Money management and discipline is very important in gambling. Keep in mind that a lot of people have plunge deeper in to debt because of doing so. Some weren’t even addicted to gambling. Treat gambling as a form of entertainment. In fact, gambling is a lot of fun and very exciting. However, you should never treat gambling as a way to earn money. Just gamble for fun and any wins you get, treat it as a bonus and buy something nice, such as getting a new shirt or getting a new pair of shoes. However, if you lose, then don’t take it seriously. You just lost something that you can afford to lose and can gain back later in your next salary.

Money management is probably the most reliable strategy in gambling. In fact, this strategy means managing your win and loss limits. Always remember that gambling is very entertaining and can provide you with a lot of thrill and excitement. However, never take gambling seriously. Just have fun with it and never treat it as a way for you to make some money. A good gambler is a person who always knows when to stop. Remember these tips and you can be sure that you will be able to increase your chances of winning and minimize losses.

Remember, if you need gambling help or run into unexpected problems, always seek gambling help. We are friendly, approachable and more than willing to help you in your endeavour.

Subscribe to Beginners Free Gambling Courses

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