Is gambling a good idea?

I know very few peo­ple who’ve made it out of gam­bling. Around 3 years ago I lost around £1,000 on a gam­bling web­site, after being up £300.

I pan­icked as I was los­ing my money play­ing poker, think­ing I could regain it all in the same way I had been able to gain (Win) £300 orig­i­nally. So I con­tin­ued until my metered amount went to £0.00. It was dev­as­tat­ing and I nearly thought of com­mit­ting sui­cide. But that obvi­ously wasn’t worth the cost, I’d have to lose every­thing I owned before I could do any­thing as seri­ous as that.

Deter­mined to make my money back, I started gam­bling again and I made my £1000 back and called it quits. I made my money back play­ing poker and just decided I’d stop there. It wasn’t worth the risk of going through all that again. But if you really know how to play poker then you should try the game online and if it works for you then you must set a limit.

Before gam­bling always plan before hand:

• Work out how much you can afford to lose. (SET A LIMIT) Don’t make bets any larger than the money you can actu­ally spend. Please, do not use a credit card as you’ll end up los­ing another person’s money or some bank’s money at interest.
• Behave sen­si­bly when gam­bling, although tak­ing big risks might be all about what gam­bling is, can you afford it?
• Main­tain con­trol and think before you do.
• Set a cer­tain amount of time you want to gamble.
• Know how to play the game, oth­er­wise the game will play you.
• Do not try and recover any losses imme­di­ately. Trust me, you’ll make bad deci­sions that way.

Just be aware that the game is meant for the deal­ers to make the money, oth­er­wise these big casino web­sites wouldn’t be rak­ing in as much money as they’d like and it sim­ply wouldn’t be prof­itable for them.

So is gam­bling a good idea?

From my per­spec­tive it isn’t. How­ever, if you know how to play the game and you just want to have some fun and you can con­trol your spend­ing, then I see no prob­lem with it at-all. Just don’t become addicted to throw­ing your money away.