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10. Spending
more on dreaming than necessary.
You buy the right to dream about winning the lottery
with your first ticket purchase. After that, you're just making bad bets.
9. Gambling
more than you really want to, just to try to earn casino comps.
Casinos give free rooms and meals to people who gamble
at high stakes for long periods of time.
They do this because they know it gets people to gamble
more. Risking thousands of dollars )which is what you're doing by making $25 bets for an hour or two) just to
earn a free dinner is usually a bad idea.
8. Refusing to accept or savor the taste of victory.
Winning
sessions put a real bounce in your step, but most players keep right at it after a big win, leaving themselves no chance to
feel like a winner.
If
you take a break after you've won, the casino can't take away the time you felt like a winner, even if they eventually win
your money back. If you stop gambling for the trip, you get to feel like a winner until your next trip.
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7. Gambling when you
have just come into a lot of money.
Immediatelly after they've won or inherited a lot of money,
or received a Chritmas bonus or other windfall.
Most people don't treat money with the respect they normally
do, and are vulnerable to losing a big sum that they might later wish they'd held onto.
When Lady luck stops smiling on them and they hit a losing
streak, they don't have the money available to keep playing.
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6.
Gambling when upset, tired, drinking, or under the influence of drugs.
Too obvious even to discuss. Gambling a lot immediatelly
after you arrive in town is closely related, because you're probably both tired from travel and exited - and that makes you
vulnarable.
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5.
Gambling big just to impress someone else, especially a dealer.
No matter how big you're gambling, the dealer has seen
much bigger action. The dealer might act impressed, but it's only an act.
If you are gambling big to try to impress someone else,
consider that you might be better off impressing that person with your common sense, and spending some of the money you're
risking directly on him or her (buy an expensive dinner, take a trip, etc.).
4.
Increasing the size of your bets
during a losing streak.
Long losing streaks happen occassionally, and if you
increase your bets on the assumption that the streak must end soon, you might run out of money before the laws of chance swing
back your way.
3.
Confusing a good percentage bet with good money management.
Even if the odds are fair or reasonable, if you bet
large a percentage of your bankroll, you might not be able to play long enough fot the odds to assert themselves in your favor.
2.
Gambling past your point of misery indifference.
Once they've lost a certain amount, most people eventually
reach a point where they are so upset they no longer care what happens to them that night, and a big loss then turns into
a staggering loss.
When you find yourself saying something like,
'I don't care' or ' I deserve it, ' go home immediately!
1.
Assuming that gambling is all luck.
Even in pure-chance games like slots, roulette, and
craps, a few minutes of study can reward you with a immense difference in the amount you win, or the amount you fail to lose.
All slots are not created equal, and neither are all
roulette or craps bets.
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