Are you already happy if you can double your money, or do you want more? - page 10.

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Quote from: stadus on August 03, 2024, 07:42:01 AM

I am interested to know your personal perspective and experience as well. I understand that as gamblers, we have different financial statuses in life. Some gamble for fun, while others are very serious about it. Can you relate to the question and answer it? How realistic is your target profit when gambling? Are you already happy with a 100% return, or do you want a 1000% return? Please use figures in your explanation so we can understand it better.

In my case, I always try to get big wins. For example, when I know that today I'm going to bet on some games, I have in my head the goal of choosing the largest number of games possible based on the analysis that I will do in each game. This is because I always look to get high odds so that if I get my multibet bet right, I will have a large balance in my account and it would give me the possibility to continue making more sports bets for a long time without having to go back and deposit money in the casino.

I'll give you a concrete example. I deposit $12 in the casino, so I strive for my first bet to be a multibet bet with at least minimum odds above 2.00 because I've already put in my head that the $12 I deposited in the casino is for $3 each week. So when I put $3 in a multibet bet with odds of 4.00 and get it right, I'm left with $12 + $9 + $21. So if I continue betting $3 each week and on games with high odds, I can spend more months placing sports bets without making new deposits. I don't like placing bets on games with odds of less than 2.00.

FatFork

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Quote from: stadus on August 03, 2024, 07:42:01 AM

How realistic is your target profit when gambling? Are you already happy with a 100% return, or do you want a 1000% return?

I see gambling as more of a pastime than a career. In terms of profit, I try to keep my hopes realistic. Hitting the jackpot and doubling my money would be amazing, but that's not something to bank on, literally or figuratively. There's always risk when you gamble and you gotta accept that losing is part of the deal. If I come out ahead, hey, that's just gravy and and if I lose some dough, its not gonna ruin my life or anything.

I guess the point I'm trying to make is that for me gambling is about the thrill and using my wits to try to win, not necessarily striking it rich. The money's secondary. I just enjoy putting my skills up against the odds and seeing how I do. Sometimes lady luck's on my side, sometimes not so much. But its all entertainment at the end of the day. As long as I'm having a good time and not going overboard with the spending, then win or lose I consider it money well played.

$weetne$$

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Quote from: stadus on August 03, 2024, 07:42:01 AM

I am interested to know your personal perspective and experience as well. I understand that as gamblers, we have different financial statuses in life. Some gamble for fun, while others are very serious about it. Can you relate to the question and answer it? How realistic is your target profit when gambling? Are you already happy with a 100% return, or do you want a 1000% return? Please use figures in your explanation so we can understand it better.

I think it depends on the amount I stakes because I can not stake just $10 and you expect me to be happy with only 100% as that is $20. If I get more than that like maybe $50 or $100 I will be satisfied but I know I can not always get that type of profits therefore before I stake, I always keep a percentage that I will be willing to lose or make before i quit tor the day. Some days I can lose everything that I deposited and be left with nothing therefore, I will quit but that does not happen always instead I will make profit then keep the profit for continuous gambling in the same day or during the weekend but I always have a target that if I can reach or get closed to then I will withdraw my profits and keep them in stablecoin to avoid it losing value or better I can invest in Bitcoin if Bitcoin is down.

CryptoHeadlineNews

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Quote from: stadus on August 03, 2024, 07:42:01 AM

I am interested to know your personal perspective and experience as well. I understand that as gamblers, we have different financial statuses in life. Some gamble for fun, while others are very serious about it. Can you relate to the question and answer it? How realistic is your target profit when gambling? Are you already happy with a 100% return, or do you want a 1000% return? Please use figures in your explanation so we can understand it better.

The goal of every gambler is to make profit of its initial betting amount, and as such if I personally could get a 100% profit of my wagering amount daily, it will be of great advantage, far better than working away with a lose (i.e 0%). But in a scenario if I'm lucky enough to win 1000% profit or above of my wagered amount, then I will be very happy, considering the fact that it's every gamblers dream to win big, despite the fact that it is a game of luck and skills, because judging from a statistical point of view, it's true that over 70% of gamblers loses more money to casinos through gambling than they win from these casinos yearly. So if you are lucky to see 1000% profit of your stake, you deserves to be very happy.

irsykes

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wanting a big win is like playing on the edge of a cliff. must be mentally prepared and must be ready to accept the risk of losing money. not always luck is on our side when betting all our money. there must be a time when we miss which causes us to be destroyed because we bet too greedily. surely many people experience similar things in the world of gambling

alegotardo

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Quote from: stadus on August 03, 2024, 07:42:01 AM

I am interested to know your personal perspective and experience as well. I understand that as gamblers, we have different financial statuses in life. Some gamble for fun, while others are very serious about it. Can you relate to the question and answer it? How realistic is your target profit when gambling? Are you already happy with a 100% return, or do you want a 1000% return? Please use figures in your explanation so we can understand it better.

I identify with both situations...
Doubling the amount is very good, it increases my self-esteem and always encourages me to play more, in fact that's what I almost always do.
However, I am a conscious player, very responsible with my winnings and I know the risks of losing everything I won in the following plays. For this reason, whenever I manage to double my balance, I always reserve 50% to 100% of the winnings and do not bet with them.
In other words... I continue playing, but I generally return to my initial bet or in more aggressive cases, at most I continue playing with 50% of the profits to try to obtain better profits in the next plays.

Cantsay

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Quote from: stadus on August 03, 2024, 07:42:01 AM

I am interested to know your personal perspective and experience as well. I understand that as gamblers, we have different financial statuses in life. Some gamble for fun, while others are very serious about it. Can you relate to the question and answer it? How realistic is your target profit when gambling? Are you already happy with a 100% return, or do you want a 1000% return? Please use figures in your explanation so we can understand it better.

Each time I log into my gambling account I usually don’t have a specific target that I want to reach - the technique I usually apply is that as soon as I hit x2 on my deposit I instantly make a withdrawal from it and keep half of the money, that way I’ll know that whatever balance I have left is from the casino and not my personal wallet, if I keep playing and hit more wins I’ll also make another withdrawal and keep in my wallet and if it happens that I run out of luck and finally lose everything I will already have made some profits from that session. That’s how I usually play my game.

junder

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If they gamble seriously, it means that they will have a 1000% profit, it is not certain, in fact, what is after you win 100% will be lost when you want to reach 1000% because in gambling games nothing is certain, maybe some people look greedy and are not satisfied with the money they win but for me this should not be taken seriously, even a 2x profit from your capital can cover your previous losses.

I don't have a target that is too big because it is clear that it looks greedy to win, basically gambling wants to win bigger when you win but you have to realize you can lose if you continue to force play, maybe we have experienced losing everything.

Zoomic

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Quote from: stadus on August 03, 2024, 07:42:01 AM

I am interested to know your personal perspective and experience as well. I understand that as gamblers, we have different financial statuses in life. Some gamble for fun, while others are very serious about it. Can you relate to the question and answer it? How realistic is your target profit when gambling? Are you already happy with a 100% return, or do you want a 1000% return? Please use figures in your explanation so we can understand it better.

Everyone would wish to have a 1000% returns from their gambling activity but then, it is not something that comes by easily. Games with 1000% profit expectations are high risk games which can result in a very high loss too if luck doesn't shine on the gambler.

I am not the type of gambler that risks so much just to gamble. Considering that fact that I pay attention to mostly sports betting, I am comfortable with a 100% win no matter the amount involved. The goal is to win and if I can make X2 of my initial deposit, then I will be smiling home. A moderate win and a moderate risk to handle gives me peace of mind as a gambler, I'll be happy with this even though I still wish for more most times.

Not everyone should be aiming for profits with high risks they cannot handle, this is just the beginning of failure for most gamblers in things do not end in their favour.

uneng

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Quote from: stadus on August 03, 2024, 07:42:01 AM

Are you already happy with a 100% return, or do you want a 1000% return?

By doubling my money gambling I will be happy and satisfied for the day, but not forever. Inevitably, I will wish to come back over and over again to keep doubling my money along several gambling sessions. Is it still considered to be happy with a 100% return?

Most of us don't play with large amounts of money, so to just double our bankroll once won't be enough for any considerable achievements and life improvements at all. In the end, to double few bucks isn't enough. A good thing would be to start a gambling session with a large bankroll (something like 50,000$-100,000$), double it and then quit forever. If the gambler is able to do this on short run, it's more likely he can leave the casino with profit on his pockets. However, if he insists coming back for more, he will lose all progress made.

DaNNy001

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Quote from: stadus on August 03, 2024, 07:42:01 AM

I am interested to know your personal perspective and experience as well. I understand that as gamblers, we have different financial statuses in life. Some gamble for fun, while others are very serious about it. Can you relate to the question and answer it? How realistic is your target profit when gambling? Are you already happy with a 100% return, or do you want a 1000% return? Please use figures in your explanation so we can understand it better.

In my own opinion I think aiming more than a hundred percent return is considered to be greed, if you can successfully get a hundred percent return of your capital in a day it's better to quit for the day, aiming higher than that only increases the chances of losing, There are people that stake with a high capital and they set of target to get a hundred percent return on a weekly basis..some people aim higher than this because they play under pressure and desperation... setting a target of hundred percent Profit isn't a guarantee of a successful outcome but atleast it's a calculated risk

shivansps

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Quote from: stadus on August 03, 2024, 07:42:01 AM

I am interested to know your personal perspective and experience as well. I understand that as gamblers, we have different financial statuses in life. Some gamble for fun, while others are very serious about it. Can you relate to the question and answer it? How realistic is your target profit when gambling? Are you already happy with a 100% return, or do you want a 1000% return? Please use figures in your explanation so we can understand it better.

I think that having financial goals in gambling is not quite right. How can I know exactly what I will earn in (attention) gambling. I can't say for everyone, but only for myself, for today's bet or several bets are important. In general, I see whether I am in the plus or in the minus and what is happening on my account, but setting goals regarding earnings and tying them to a date - this is not clear to me. What to do in case of minus, for example, you have played in the minus for the last three months. You need to analyze, sort it out, but in fact you need to finish, because this financial project is unprofitable. If a person plays for fun, then financial losses will not bother him so much.

danherbias07

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As of now, it depends on the gambling site.
Let's use BK8php as an example. There's this daily mission where you deposit higher and you get points but since I am a cheap guy I only deposit the minimum which is 200 php. Now, after I win x1.5 which is 300 PHP, I withdraw everything and then just deposit back the 200 PHP so it would add to my daily mission. The only twist is, that you only get a 10 times chance to withdraw so you must use it wisely if you are looking just to increase your points. Then the rakeback is also paying well as long as you can play at 1000 bets or higher in one slot provider.
Do I do this on other gambling sites like Stake.com? No. That's because Stake.com is not counting withdrawals and deposits, it's about the wagered amount to get a VIP rank. So there's no need to withdraw the funds until you hit the right amount that you want, either x2 or x3 of your capital.
Yes, I will withdraw if I find myself doubling my initial deposit.

bering

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Considers gambling for fun is more good rather than expect to win but indeed when people has starting to gambling i am sure the main reason is they want to earn extra money from it even so with me although i want to gamble for fun but it could be good if i ended my gambling activities with gets some profit from my initial money but just like people know gambling result is based of luck and it's hard to gets profit from that

And regarding OP question of course i would be happy if i can gets the particular amount of profit from gambling and during gamble actually i was never targetting any profit because if i feel want to stop from gambling then i will decide to leave the game whatever profit i make and if i can double my money i think i would be very happy to accept that but it was rare for me to gets 100% profit from gambling and usually if i won from gambling the profit is only 20% or below from my initial money

Findingnemo

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Quote from: stadus on August 03, 2024, 07:42:01 AM

I am interested to know your personal perspective and experience as well. I understand that as gamblers, we have different financial statuses in life. Some gamble for fun, while others are very serious about it. Can you relate to the question and answer it? How realistic is your target profit when gambling? Are you already happy with a 100% return, or do you want a 1000% return? Please use figures in your explanation so we can understand it better.

While atit, there should be no expectations is what I believe and preach, gambling isn't supposed to be seen as an opportunity to make money. Well, obviously money is the reason why gambling is more entertaining than just sports so if I able to double the money I will be happy to take out my deposit and let the winning rewards to take high risks than usual so if there's more luck left I win more or busted so my approach is go big or go home when I don't risk the deposit funds anymore.

virasog

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Quote from: stadus on August 03, 2024, 07:42:01 AM

I am interested to know your personal perspective and experience as well. I understand that as gamblers, we have different financial statuses in life. Some gamble for fun, while others are very serious about it. Can you relate to the question and answer it? How realistic is your target profit when gambling? Are you already happy with a 100% return, or do you want a 1000% return? Please use figures in your explanation so we can understand it better.

Of course i would like a 1000% return as more the money the better it is Cheesy

But on a serious note, how about thinking that if we can save our seed money in gambling we are good to go. I mean it is much better to lower the expectations from gambling as in this way, we will always keep ourselves in limits and never overspend out of our emotions. Also if someone does not have big targets from gambling, even if he wins a 10 or 20% he will be more than happy and will never be greedy. It is just a mid game of not thinking about big returns from gambling. High returns may still come to us even if we are not expecting them Wink

Jody.Drummer

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For me, I usually don't have high hopes for winning in gambling, but that doesn't mean I don't want to win, usually I only bet a small amount, not exceeding 10% of my total income, and when in one session I manage to win any amount, for example getting a 50% increase or half of the capital I brought, then it's not difficult for me to cash out, especially when I'm bored with the way the game is going, or what I mean is that I don't set any winning target in gambling.

But when luck comes and brings me to victory, especially in large amounts, then of course I won't waste the opportunity to then cash out, because after all it's a decent amount to help me meet some of my living needs.

In my opinion, this problem depends on the approach and understanding of a gambler, simply put, if they are an addicted gambler, then there is clearly no word stop in any situation, especially when winning, because even if they have managed to get a profit of 100%, then they will increase it again to 1000% and so on, and this is a typical gambler who will never know the word stop unless they have run out of all their money.

Adbitco

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I am already comfortable with the amount I do earned during gambling, what I mean is that I don't target 100x neither did I need 1000x if stake games. I target 2x to 5x maximum because it's very easier to make winning although our earnings depends on the amount we stake on bet or gambling.
If stake 100$ for bet of 2.5 odds this shows that I am targeting to make 100x2.5 which is 250$ and is fair enough as a gambler to earn as a return of bet if successful win.

Marvelockg

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Quote from: stadus on August 03, 2024, 07:42:01 AM

I am interested to know your personal perspective and experience as well. I understand that as gamblers, we have different financial statuses in life. Some gamble for fun, while others are very serious about it. Can you relate to the question and answer it? How realistic is your target profit when gambling? Are you already happy with a 100% return, or do you want a 1000% return? Please use figures in your explanation so we can understand it better.

the only time when you're in two position of getting iether an 100% return or getting more than that is when you can decide to cash out uo to an amount or wait till the game plays to an end and then you can get your complete win. Whatever decision you make in such a case isn't entirely bad because depending on the day, there are times when you cash out and that becomes your best decision while thier are other times when you wait till the end of the game and it's the best decision. Thier can be other cases when after cashing out you discovered you've made a bad decision and should have waited while thier are instance that after waiting till the end of the game you then discover that you've lost even all the money that was available at it been you've cashed out when the opportunity was still available.

Greed is bad and the best way to go about gambling is to be happy with every profit you've made and don't underate any amount you've won. If you're led to wait till you win up to the complete 109% you've stacked, you can give it a try but if you have up to 60% to 70 of the the total win available to be cashed out, it's best to just take your win away and don't try to be too greedy.

m2017

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Quote from: stadus on August 03, 2024, 07:42:01 AM

I am interested to know your personal perspective and experience as well. I understand that as gamblers, we have different financial statuses in life. Some gamble for fun, while others are very serious about it. Can you relate to the question and answer it? How realistic is your target profit when gambling? Are you already happy with a 100% return, or do you want a 1000% return? Please use figures in your explanation so we can understand it better.

The answer to your question depends on the bet amount.

Let's say I have $10. I managed to double the amount, which will be $20. Will this be enough for me? I think not, and I will continue to play in the hope of increasing the deposit to at least $100. But most likely, I will not succeed for reasons known to all gamblers (low RTP) and instead of doubling the amount, I will receive a complete loss of the deposit.

Consider another case. $1000. Doubling this amount will be $2000 and in this case, I would not continue the game and take the deposit. But for serious gamblers, this amount will seem ridiculous and they will continue to play in the hope of increasing the deposit to $10,000. That is, it turns out that the "factor of the significance of the bet for the gambler" (individual-subjective perception of the amount of money) should also be taken into account.

So, when asked whether x2 is enough, some variables such as the bet amount and the gambler's perception of that bet (the gambler's value) will influence the final answer.

Topic: Are you already happy if you can double your money, or do you want more? - page 10. (Read 1632 times)