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Gambling can be just as addictive as drugs and alcohol. Teens and their parents need to know that they're not just Gambling with money, their gambling with their lives.

 

Gamble what you can afford to lose and always put family first in any situation 💕💕💕

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Chasing Losses.

Most gamblers who start chasing losses are reacting to the situation without a plan. They get behind and scramble to make up their losses. This is a dangerous habit, and eventually they get unlucky and lose more than they can hope to recover. 

If this is how you chase losses, you should stop. However, if you have a plan before you start gambling, you can incorporate chasing losses into the plan in a way that protects at least part of your bankroll and gives you a chance to hit a nice win from time to time. 

1 – Segregate Your Bankroll 

To use the segregation method, divide your bankroll into two parts. You can divide it into two equal parts or in any ratio that works for you. Use one part of your bankroll to chase losses, using whatever system you prefer, and use the other portion of your bankroll for regular gambling activities.

2 – Double or Nothing Strategy

It’s a simple strategy and is you use it every time you gamble you either double your starting bankroll or lose it all. The thing that sets this strategy apart from how most players gamble is that you know what your possible outcomes are before you start.

3 – Change the Game

The best way to gamble is to never put yourself into a position where you have to chase losses. One way to do this is to find games with a low house edge that you study until you learn exactly what to expect every time you play them. The other way is to stop playing some games, and concentrate on ones that let you have a realistic chance to win.

Chasing losses eventually leads to a loss, but if you incorporate it into your overall strategy you can chase them to add variety without destroying your bankroll. The better option for some gamblers is to change the game so they never have to worry about chasing losses, but the final decision is yours. Avoid falling into the gambler’s fallacy trap, and start with a plan and you’re going to be better off than most gamblers.

 

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25 minutes ago, leosam18 said:

Chasing Losses.

Most gamblers who start chasing losses are reacting to the situation without a plan. They get behind and scramble to make up their losses. This is a dangerous habit, and eventually they get unlucky and lose more than they can hope to recover. 

If this is how you chase losses, you should stop. However, if you have a plan before you start gambling, you can incorporate chasing losses into the plan in a way that protects at least part of your bankroll and gives you a chance to hit a nice win from time to time. 

1 – Segregate Your Bankroll 

To use the segregation method, divide your bankroll into two parts. You can divide it into two equal parts or in any ratio that works for you. Use one part of your bankroll to chase losses, using whatever system you prefer, and use the other portion of your bankroll for regular gambling activities.

2 – Double or Nothing Strategy

It’s a simple strategy and is you use it every time you gamble you either double your starting bankroll or lose it all. The thing that sets this strategy apart from how most players gamble is that you know what your possible outcomes are before you start.

3 – Change the Game

The best way to gamble is to never put yourself into a position where you have to chase losses. One way to do this is to find games with a low house edge that you study until you learn exactly what to expect every time you play them. The other way is to stop playing some games, and concentrate on ones that let you have a realistic chance to win.

Chasing losses eventually leads to a loss, but if you incorporate it into your overall strategy you can chase them to add variety without destroying your bankroll. The better option for some gamblers is to change the game so they never have to worry about chasing losses, but the final decision is yours. Avoid falling into the gambler’s fallacy trap, and start with a plan and you’re going to be better off than most gamblers.

 

I think your post is more appropriate to be placed in education/strategy

u can make new thread here

Education/strategy

"Some people don't mean what they say and some people don't say what they mean"

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What is the difference between praying in church and praying in casino ? In casino you really mean it!!!

There are many harsh lessons to be learned from the gambling experience but the harshest one of all is the difference between having fun and being smart....

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