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If you win some decent money, take it right out and pay some bills or whatever you need to

JDS

JDS

Joined
Dec 11, 2021
Messages
63,585
I always like to skim off the top and make a withdrawal if I make a nice hit and then reset my mindset/goals and try to build up the balance again. If you leave a big balance in there and start playing with it eventually it starts to feel like Monopoly money and there’s a good chance maybe you go on a bad run, get frustrated/undisciplined and burn through a good amount if not all of it. Reward yourself with a payout, buy something you’ve been wanting and/or deposit it into your bank account. And another overarching goal I always have in the back of my mind is trying to avoid having to make another deposit. Stretch out your balance as long as possible.
Unfortunately I had to learn the hard way in my 20s with out of control gambling - risking/losing money I couldn’t afford to lose and then waking up Monday morning having to go to work with that as a backdrop. Much better off now in my 50s - for the most part playing alt-line parlays that are high reward/low risk. I definitely go on some prolonged losing streaks and have a lot of annoying 1-loss parlays, but all it takes is popping one every now and then and it can make up for the bad run and then some. And risking less makes it much easier to shake off losses mentally than going on a bad streak throwing around nickels and dimes. That shit weighs on you for quite awhile.
@jjgold pay attention & don’t slight this man in your POTM video he better be fuckin’ listed or I will troll you 😈
 

JDS

JDS

Joined
Dec 11, 2021
Messages
63,585
Hopefully they can at least help someone who’s just starting out gambling and has delusions of grandeur and unrealistic goals.
It’s basically what I taught my son from the ages of 12-18 going through similar shit when he lived with me. My multiple big parlay hits have saved my ass during my betting career, which is sheer luck 🍀I remind him all the time.
 
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