Topic: Anyone here who retired with Gambling winnings ? - page 10. (Read 1348 times)

Yes we agree, I think this is nothing more than a joke, basically it is very difficult to be able to think clearly when you have just won a very large amount, big wins are possible even though it is very unlikely but what is more certain is that I don't think you will be able to think of stopping gambling when you actually get these results, Instead the opposite will happen where a change in mindset will occur and also I'm sure you will put higher hopes and beliefs in winning, as you said that next they will put a much larger amount with the aim and hope "hopefully a win like before can happen again" it is very difficult to accept the fact that you will not expect anything.

One of the things that makes you more likely to gamble again with a higher budget amount is because the previous win is like a motivation that gives you the spirit to keep going, it won't be that easy to leave gambling because the casino knows what's in the gambler's mind, the casino has a formula to keep the gambler going so that's also the reason why gamblers can get addicted. Yes that's right, gambling is not a job in general that requires retirement time, for me this is just an activity to accompany me when bored, not a serious activity.

It is difficult to estimate how much winnings a gambler will be able to retire from gambling. Because not all gamblers are equal, not everyone's needs will be equal. Moreover, there is no end to the desire in gambling because when you get a win, you are eager for another win. Thus the gambling continues. Again I imagine a certain amount as per my needs but it may not be suitable for others. The person who got the jackpot should have gone into retirement as you, but he certainly didn't, so I'd say there's nothing definitive about that. One can go for retirement at any time. If he doesn't want to again, no matter how much money he wins, it won't change him.

Retirement from gambling only applies to those who are old and not fit to gamble because I think as long as someone can still enjoy gambling with their friends and have won big they will not retire, just enjoy the winnings either with their friends or with their family and will come back again after After enjoying the victory, there are also people who continue gambling even though they have won because they want to win more so they don't think about retiring.

Of course, for most gamblers, any amount of winnings will not be able to withstand retirement because we all know that large gambling wins rarely happen around us and we only hear rumors of someone getting a big jackpot and don't know about it directly, maybe if you or have any of your close friends experienced this? Try asking them whether they really retired from gambling after winning a lot? I do not think so.

All of us at some point have withdrawn some earnings through the channels, even if we have had very bad luck at some point, but we have won something and we have enjoyed something, it doesn't matter that we have lost all the time, the first time we win it is celebrated. as if it were something very big, that is good because we are being very aware of what we feel, what we do and what we can become, but after a gain it becomes something very big when it is encouraged, the motivation for any activity. It represents everything, and that's what happens in the game.

When I make any move that I win a lot, I don't think about it, before I did it in the casino, but if I see that I win something then I withdraw it and I have nothing to think about except enjoying, that's what this is based on, knowing how to do it. things so that they can prepare to do a good job, if it is done thinking because the results will always be good.

Retire from gambling with a win?? No this must be a joke, winning a gamble will even give you the motivation to stake higher, gamble is not a full time work that needs retirement, once in a while you will surely place a stake and wait for the outcome,
But the only way I can retire after a winning a gamble is when I win in millions and am sure the money I won will be enough ro get me a better life,

Yeah, after such amount of time the retiree will feel the passion again to gamble especially after a win? He's going to be most excited player to comeback in casino that day. Or maybe after he spent all his winnings elsewhere he'll be back in no time, coz honestly money in gambling are reward money and the least you think to buy with it is asset 

Hmm, I agree, even how much you offer to a real gambler by nature he won't bother to give cent on you. There' no significant amount for them even if they win millions, tomorrow you'll see them again in a casino betting higher to win higher. Aside from money, what gambler really want is the feeling of winning, some gamblers thinks money as just the reward for merely winning.

An amount satisfactory in your end. You can name any number you want but since winnings won't always be a single jackpot then for sure there will be a diversity of answer which is why I am speaking in general. Like in my viewpoint, I wound be fine taking a pause if I win $100k. I won't speak with certainty given that I am amble to manage my bankroll well which makes me still safe from the risk of addiction. The only sign you should quit is not the money but your habits and if you are showing signs of being addicted into it. However it would still be valid if you will quit after a huge win and decide to move to investments. We just have our own reasons and own ways of handling things. We may quit or continue based on our own likeness.
I think OP is referring to quitting gambling and not his job; won't be advisable as well given that winnings would still be all consumed after a few months or years especially if it won't be redirected to something which is profitable. If $10m is enough for you then that's okay however others would be seeking for a higher number before they actually do so.

This is rhetorical question though but I will look at it as normal naive question that need some answers.

I don't think we have large number of people that made bastard money from gambling to make a decision on going for retirement. I have only know a couple of gamblers that has made huge amount from gambling but they didn't quit but had an establishment in other investment. They do their gambling on daily basis and still find time to check through their businesses as they don't manage it, other people does but they look out for other things and they are still active in gambling and with that, as long as people win in gambling, they will play to their satisfaction and nothing like retirement.

Our lifestyles differs, we don't live in the same country, the same cities and the same standard of living. An amount you consider to be very large may look smaller in to another person. If you live in New York, you don't expect to win $1M and have plan to quit provided that you still know how to win in gambling, that money might only take younto survive for a year and you will be broke and might go back into gambling again.

However, with that amount of money I will take an undertaking to get me arrested if I ever think of gambling again if I have such amount of money. I will have different business to my name and will live like a king from my own side because the standard of living is cheap compared to other cities.

Firstly, as you said it's very rare for anyone to be able to do that, one of the reasons is because of course in general and overall we probably already know that gambling activities have absolutely no certainty for the end result and that means it's very difficult to get a win, while on the other hand the funds needed to spend retirement are very large although it depends on the lifestyle of each individual, but still it's too difficult to reach if you are just a casual gambler. I think this idea would make sense if you are one of the casino owners which means that obviously the money you have from the casino business you run is huge, no need to think about anything and just wait for the gamblers to lose and then you get a lot of money, doesn't that make more sense?

If you are stubbornly looking for big wins to fund your retirement then obviously the opposite will happen which is the true fact that most gamblers always suffer from the number of defeats, the more you try the more you will lose because it is impossible for gamblers to get lucky in a row. Right, the mindset really has to be straightened out in this case, it's better that they look for other more certain and promising places to cash in, after all I don't think there is retirement in gambling, it's just an activity to fill empty time, and if you feel that this activity is interfering with your finances then obviously at any time you can stop.

10 Million, I guess is enough for me.

I haven't really known anyone who retired from their job after winning some pretty big money in all these years and I only witnessed this kind of scenario from the news articles which means it happens very rarely. And I am certainly not lucky enough to be on that side.

It's very rare for people to be able to retire with gambling money because that means they have to be able to get very big wins. Even though in gambling, many people have tried to get big wins, they fail and instead lose more money. Yes, it is likely very difficult to win big, let alone retire with gambling money. So people should change their mindset and try to make money from other places so that they can retire and have money to enjoy their days well. Maybe some lucky people can retire with gambling money, but it's hard to find them because they won't want to show themselves to the public. After all, it could interfere with their private lives.

I don't sure with some one will retired after winning in gambling because many of them have greedy and want to win much money before losing all what amount have win before. But most excited if OP have decision stop or retired from gambling after huge amount winning and likely around $5,000 seems enough for retired and start build up business for the future.
I think ideal amount winning retired from gambling depend on your financial condition, if you have stable financial and around $5k looks enough you can retire and start with new business in the future but you don't have plan to make deposit in gambling trough your winning amount before.

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I am so excited if some one have experienced with retire from gambling platform and know current their condition before retiring on winning or losses in gambling platform.

As far as I know, gambling has a trait that is embedded in the user's soul, namely greed, so most people are involved in gambling, especially those who are addicted, In many cases we see that they are never satisfied with small or big wins, they continue to gamble without stopping or retiring.

Gambling is one of the games that can make money with a betting system, retirement is always synonymous with work, because gambling is not a job, it is actually a game system, for me gambling there is no such thing as retirement.

I don't think so as to achieve what you are asking we need to hit at least 2 million dollar jackpot or max win,I know though that this amount maybe is not the biggest one but I think is the minimum to retire and to live a comfortable life spending like 50.000 dollar a year net for 40 years,that is enough to live a comfortable life nowadays in Europe and also in US no matter that inflation is to the roof that amount net in 12 months it means like 4000 dollars to spend a month without worrying and that should be enough to live a decent life and to retire.

Good luck achieving it though  .

Yeah, retiring with gambling money is a long shot. Winning big is rare, and it's not a reliable plan for most people. The odds can be tough, and it's more like a hope than a solid strategy for financial security. Casinos and lotteries are set up so that they make money, not you. Sure, some folks get lucky, but it's not a reliable way to retire. Most of the time, it's more like wishful thinking than a smart financial move. Trusting your future to hitting the jackpot is like putting all your money on a super long shot and not the best bet for a stable retirement.

Retirement after winning in gambling will be very short. This retiree will probably want to play in the casino again and lose all those retirement savings. The gambling pensioner will have no choice but to return to his dubious activities.

Any amount will not be enough. The gambler will continue to chase the dream that very soon he will hit the jackpot sufficient for retirement. But this won't happen.

Retirement in gambling is not possible. Exit from this industry is only possible through an appointment with a doctor who treats gambling addiction.

Though tempting, gamblers rarely retire on wins. Gambling requires discipline and strategy, not luck. As in chess, every move counts and the endgame isn't always about winning.

Consider a gambler who retires after a big win. Leaving the celebration at its peak is a good decision. However, gambling is about the pleasure, anticipation, and strategy, not just the outcome. Can victory beat the game's seduction?

What about the gambler who quits out of self-awareness and change? This situation intrigues me most. It's about self-discovery and personal growth, from gambling to other passions. Finances aside, this choice is a major psychological and emotional change.

No place or sector is consider easy in gambling, we should abide by the rules set if we would wish to continue our existence in the space. Rich gambler for fun while the poor and middle class gamble for money and they become really frustrated when their predictions doesn't match with the game outcomes. Gambling is not a job in the first place, or is it? I don't cope or understand where things fall in place because there's alot we could learn and comprehend in the system, gambling doesn't generates extra changes for wants and not for our initial needs that's ultimate demanding.

Dude you need to understand, with gambling you can’t earn a specific amount of money. Gambling is all about game of luck. Here if you have a good luck, then only you can make good amount of money. Else no matter how much you bet, what amount you gamble, you can’t win. Rich people gamble for fun and entertainment, for them money doesn’t matter. Hence, I hardly doubt anyone could have gambled so much to make that many profits and retired.

it's a wise decision you'll make if you stop gambling because you've won a large sum of money, but not all gamblers can do that because when a person is invested in what they are doing, even if they win or lose a huge amount, that will not be a reason for them to stop. What is even more worrying is that this may be the reason why they gamble more because they have experienced a big win, they will gamble even more because they expect that it is possible that they will win even more if they continue gambling.