Topic: Are you already happy if you can double your money, or do you want more? - page 3. (Read 1632 times)

There is no big difference in betting on odds of 2 or 4. In the second case, you will expect to win twice as much (on average) as in the first. If you make a large number of bets per day (for example 100), then you can even bet on odds of 10 - on average, you will get ten wins per day. If you make a zero bet per week, then obviously, low odds will be a good choice to see wins at least a couple of times a month.

I often go for the minimal risk though it sometimes don't goas plan 3 in a roll in the crash game which I mainly do this

Yes that's why it's important to have a good analysis and strategy which is continously refined from learning and experiences after all we dont gamble for fun to be losing always

Of course it is a situation that is always expected by many people in anything especially in gambling, but however it is very unlikely for a gambler to be in such a lucky situation. Getting 100% profit from the capital is not too difficult, but to get such a good percentage in the long run is something that is very rare, that's why winning only happens occasionally after you experience several losses.

As you said that getting 100% profit is very good, of course, we should be grateful for such impressive results because you get it with little effort, namely just by guessing and pressing the button, so appreciate the victory and luck that has come at the right time, there is no point in chasing something bigger, because after all gambling is always full of uncertainty, so it is better to cash out any amount of winnings than you end up with a zero balance in your account.

Actually, I am not that kind of pro level gambler. I always try to have fun by betting on the sport book most of the time and talking about the return where I can be happy?
Then the answer is I am actually a timid person and I am afraid to take risks most of the time. And here there will be no guarantee of that I will surely 100% or the 1000% so I will stay in my limit what can I afford to lose and win also.
Also, I am a timid person as it is true that I try to be satisfied with small profits most of the time. Because I try it multiple times and see that I have no profit at high-risk 

In the first place, everyone gambling is optimistic that he is going to win over the bet he is taking, secondly, we have to also see that the way we are gambling is not what can be an assurance on the possible outcome from it, so i see it as more of having a personal discretion towards it and not that we have to totally depend on it over having a particular result, if it comes fine, if it doesn't, then we move on, all w do must only  conform to the ability of taking the risk in which we think we already posses.

If I can double my Money daily I think I would be very happy because having something that can give you a one hundred percent Profit every day can really go a long way but I don't think anyone can have that kind of winning streaks. Having a hundred percent return is quite okay and I don't any gambler should aim higher than that except you are staking really low but if your stake is high then it's better not to go beyond doubling your capital, this increases your chances of winning

Everything would really be that according into someones preference on which we know that when it comes into this aspect then it would really be that basing up into your choice because if you are really just that contented for x2 of the amount then it would really be that neither you would really be that still proceeding or not into the target that you would really be that into. There would really be those people who would really be wanting for more on which its a common approach by someone because gamblers are really that naturally greedy on the moment that they are really that too confident into the things that they are currently seeing.
There are really indeed moments or times on which you would really be that becoming that too greedy and wanting for more on which this usually causes for those winnings to be losing back into the platform
and for those who had decided to stop then they are the ones who are really that making some advantage but if its still that been deposited later on then it would really be just that on the same story.  

Wanting more is really a very normal human being behavior or reaction on which on the time or moment that they are really that making money or would be having that condition then it would really be
just that understandable that you would really be wanting for more.

Frankly I cant have fixed target of return although I have my own winning limit before I start my gambling session.
My mood while winning may affect my winning target but what I usually do is I will cash out when I make 200% or more.
What I cash out is my initial deposit + winning limit, if there are still some balance left then I will continue like I start from zero.
At some other times, I may stop and cash out with 100% return or less when I feel that my luck is not good enough.
So my mood and feeling are the two most important factors that will drive my gambling activity.

It's better to win little by little than to double the bet and return everything home little by little. If i'm planning to earn something above 100% in such a short time, I'll go for the variable income market like crypto derivatives, although the risk of losing money is just as risky.

If you find the right sport to bet on plus the knowledge that you understand about the game then aiming for such amount gives you decent amount of profits, just like what you said, there are differences in terms of gamblers position about doubling or might be aiming for more, just be very careful as we all know that greed will always be behind you trying to push for more, being wise will keep you away from such kind of being careless, instead it will allow you to make something decent when you make that hard stop and quit away with the winning amount that you gain from your gambling session.

I don't like to gamble with excessive expectations, I try to be satisfied with the outcome when gambling. If there is too much greed I know I will lose money so I always prefer to gamble with a certain plan to be responsible. I gamble with $100 and I have to convert this $100 into $200 at any price and I gamble with the mindset that I will not stop until I convert it to $200 and I will lose another $300 for this $200. If gambling can be done in such a way that I lose a small amount of money by gambling but my profit is also small, then I think this strategy is better than losing a lot of money in the hope of extra profit. The way I bet my profit might be lower but there my money is not at the high end of the risk limit. Every gambler must first ensure maximum safety of money then think about profit because first capital then profit

You are absolutely right bud, and let me say that this is actually a great advice.
The need for money have made so many people lose what the touch of reality and can no longer accurately diffrenciate between what is or can be real and what's not.

It's like a thread I saw on this board yesterday where the op talked about how some gamblers allow the potential win amount on their betting tickets to carry them away, this causes them to keep chasing what may never materialize to become reality except they are extremely lucky.

My number one rule in gambling is to make sure I am gambling for the fun part of it, and not taking it as a major source of income.

I learned a lot from my experiences, and what I said above isn't my first experience, this has become a kind of cycle in gambling, if you're not someone who is too deep into gambling, you will not be able to understand what I mean. The image of the plan can be destroyed instantly, depending on whether we're unlucky, quite lucky or too lucky, because sometimes if you're given too much luck, you don't value your bankroll.

Gambling is a give and take whatever you give whatever you receive in return except that person is wanting to make a life changing bet where he would use a smaller amount to make what he didn't expect ,but however it is another way of making much lost in gambling because winning could be too hard for such person.

So I agreed with you that when gambling gamble within your limit like what they can be able to lose or risk if there are much lost then the person gambling wouldn't feel it much, alternatively if that person gambles for entertainment to ease oneself from anger or boredomness such person may not feel the amount being spent in gambling as much as there are no much value attached to the amount raised in gambling then they would gamble within their limits.

This case tells you that you need to learn to stop in time, regardless of your expectations. Many of us have excessive expectations about possible winnings in gambling, but as a rule expectations turn out to be unjustified. Play gambling for fun and do not encourage yourself with any inflated expectations, because in gambling a lot depends on chance.

When the game hadn't started I had a winning target, 200% to 500% was my realistic target, but what I planned and what happened after were contradictory. I once made a fixed deposit on Rollbit, it was around $20 just to immediately buy features on Gates of Olympus. Because I made a small deposit, I thought this would be a short game, but in reality it wasn't, I managed to get the max win on buying that feature.

Wouldn't that already be 5000% of my bankroll? sure, and what's next? do I stop and not continue the game? no, I continued until I lost almost half of my winnings. I just want to say that whatever your plans are, if you can't control and regulate your psyche, then all your plans will be destroyed.

Withdrawing the money you win is a very good habit to get into. I also try to always secure my winnings with a withdrawal. Only this allows me to get the maximum pleasure from the gambling session, because it makes me realize that I was not only able to win not from the best position, but also to overcome my greed. In my opinion, the best victory is a victory over yourself.

Money management. A budget. A number that we can lose but we will still be sane.

Sports gambling or casino games, it will matter. Yes, some say the greater the risk, the greater the profit but let's face it, it will be too long before that profit comes and we as gamblers can be easily frustrated if we are not getting anything after playing for so long. I can tell because I always feel that in slot games.
Like Plinko in 16 lines at high difficulty with an x1000 multiplier. I played that long ago with a 40 thousand bets in my status and yet it didn't even hit it once. High-risk, no profit.
In sports, the lower the odds you take the better chance to win but because many gamblers want to increase their multiplier, they take the parlay and sometimes that is how we are defeated. Are we really going to take an odd of x1.01 - x1.20? I doubt that. For gamblers who have less money, this is not a good option so they take the fastest route to profit which is a parlay.

This is interesting, there are many cases that happen around me like that, they are too busy gambling which results in dependence until the person becomes an addict. I don't know for sure what the reason behind it all is, but from what I have observed they are too chasing victory without realizing that the losses they receive are too much. If compared, it might be the same as an alcoholic. because both have addictive properties, and will be difficult to cure

back to the topic, I prefer to gamble like that prioritizing adjustment where control within ourselves is always maintained, not lulled by big wins, and of course when victory comes I will immediately cash it out to be used for something more positive, being not greedy is important

This pattern of staking is too risky and can make you gamble more if you don't take time,  when you lose all your money or don't gain something substantial from your first try, you can go in all out again and lose continually.

One bad thing with gambling is that patterns are addictive, if you're constantly gambling with this pattern, you might well be addicted to it and it's very detrimental using such gambling force and entering a losing streak. It's easier to break your principles and gamble more in this scenario.

I prefer gambling gradually, slow and steady, one stake at a time, observing the outcomes and adjusting where necessary until I'm done for the day. That's a real experience for me.