Philosophy/Understanding of Gambling and Bitcoin Dice to Profit and Bet Wisely - Blog-Post 1

in #bitcoin8 years ago (edited)

Introduction: About Me

Since this post starts the beginning of my philosophy/blog, ill start out by shortly introducing myself. My name is Carlos Lemus. I am a heavy independent thinker and skilled in logically rationalizing and reasoning. Its what I do in my spare time, Think. Memorizing and recognition will never be enough until I thoroughly understand whatever unfamiliar piece of existence catches my interest. Though my empathy's rained hell in my life, its strengthened my interpersonal skill of understanding people, and since personalities and perspectives are endless in uniqueness, my minds received much growth experiencing the vast variety of people. I'm fascinated by philosophy and have thought of not only on gambling but also greatly on Logic and Emotion which Is next on my list to write about.
Now many say I am smart, but I believe everyone is equal in potential. Only difference about me is I have spent more time thinking than some. I long to share my own thought up philosophies, in hopes of promoting insight for others and myself. One can benefit a lot by simply taking the time to listen and understand each others perspectives and ideas and give feedback. Having said that I gladly welcome any questions or comments! I have shared many points in chat-rooms of online casino's and some have suggested I write a blog. Many of my own friends after reading some of my non-gambling related posts on Facebook, suggested I write a book. Eventually, I will write a book to share my philosophies/ideas on life. I feel content having my writings praised, valued, and benefit others. So now I start my writing journey with great excitement and determination! I thank every one of you that read this for such privileged satisfaction! Your time is valuable, acknowledged, and appreciated by me, in return I hope you find this to be very useful, insightful, and interesting.


http://www.clipartpanda.com/clipart_images/dice-clip-art-border-clipart-14958551

Personal Past Successes Playing Dice
My third week into gambling was beginning of March. That week I gambled $900 for several hours and ended with $8,000, my first major win. The weeks after that had several successes of winning $200-500 from $20. In April I won about $2000 from $20, and in May I made 3 cents (4k Satoshi) into 1 Bitcoin. Shamefully, I lost a great portion of all that I won because I began taking it for granted and started carelessly gambling. Foolishness I got so use to seeing high numbers of hundreds and thousands that I begin thinking and expecting in such a large scale. The more one wins the more the Beast called Greed grows and quickly takes control of a weak mind. Now I'm sure the bigger question is not how I lost but won so much. It wasn't through the use of a flawless strategy, Dice-bot settings, or lucky client seed, but through Understanding. Understanding the concept of randomness, how the numbers are rolled, etc...
Now that I have attempted to establish some credibility so readers know they aren't wasting their time, ill describe a few things I believe one should understand to gamble wisely.

Respect the Game

Gambling is meant to be a form of entertainment not a reliable source of income. It is greatly possible to profit but keep in mind its a high risk form of investment. Never start gambling expecting to always profit, there will be both losses and gains, but knowing and playing prepared with understanding of how everything works and whats wisest to do minimizes loss and improves chances of profiting! Gambling can be a problem, always learn from mistakes and let losses sink deep. The engravement those painful losses leave behind serve to keep you from losing sight of whats worth and not worth risking and repeating.

Using Logic in Gambling

Luck does not exist, luckily its not needed to win. Its very possible to profit gambling, I dare to say profiting is easy! The better only needs to know what their doing! After that the better needs to keep being aware of what their doing or in other words, stay focused! Stay in control of emotions that yell during loss, profit, and prolonged periods of betting leading to fatigue. The moment someone gives in to impulse are the moments that are the ones filled with regret. Someone that cannot control his or her own emotions, cannot succeed in gambling no matter how thorough and complete his or her understanding is. Without self control, one cannot utilize what is known, and im sure everyone knows wise decisions are made thinking not feeling.


http://www.stevenaitchison.co.uk/blog/6-benefits-self-control/

So first thing before gambling, make sure your health is adequate! Make sure you have eaten, hydrated, and most of all Slept! Any poor physical state in the body directly affects the health state of your mind. If your bodies weak then your mind is weakened, and If your mind is weakened, then so is your self control, focus, and patience. This can be logically inferred simply by noticing how much stronger emotions are, little focus one may have, and easier it is to be pessimistic, insecure, and anxious simply by having skipped a meal, lost some sleep, or being dehydrated and not in shape. If you don't mind losing all your money and find that entertaining then this is irrelevant, but Its a crucial point to those looking to profit. Don't gamble unless your physically healthy, this will ensure that you have the self control to wisely bet. Right when you start feeling mentally tired from betting without a break, Stop! I believe this is the reason why many who gamble make money at first and then lose everything later, from mental fatigue. Not from the game being rigged or unfair. But from playing too long and wearing out their mind.

A common tip is to stop gambling once you profit and continue another time. Doing so will calm excited emotions and refill stamina so you can have a clearer mind free of such distractions. I don't know how many times ive seen on dice sites people winning and then losing because they get so excited and pumped they stop thinking and start feeling. Rage bet from losing which is spamming the "Roll" button until a green shows, which most of the time ends up demolishing ones bankroll(balance). The less distractions the better, that means not having chat open during betting. Chatrooms are the biggest distraction for me and a definite nono if wagering high amounts. You can use Inspect Elements to delete anything that stands out and yells for attention. Simply press Ctrl + Shift + C select whatever it is and press the delete key. Useful for those who struggle with refraining from pressing the Max button.

Not being responsible with my health is the cause for every one of my major losses, but being well fed, slept, and clear of mind gave fruit to all my major wins and small winnings. In my next post I will talk about the concept of randomness, fallacies, how numbers are rolled, how to determine you bet amount mathematically according to your balance, risk-profit, and proportions. Thanks again for reading and hope you benefited! Theres so much to write about still, stay tuned for next posts!
-Carlos Lemus