As a gambler do you have a potential winning amount limit? - page 17.

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Quote from: dimonstration on July 23, 2023, 01:34:52 PM

Quote from: letteredhub on July 23, 2023, 12:41:21 PM

My main focus on this thread is in this question: as a gambler do you place your bet according to the weight of your financial need or you're always okay with whatever amount that comes out as potential win no matter how small amount?

Relying on gambling as source of financial need is very bad idea because you might suffer more losses than getting extra money for your financial needs. It’s better to save the money instead of placing it on gambling.

I always have a target profit which is x2 of my bankroll. No matter what is my bankroll. Potential profit is least of your concern in gambling since you might be prioritizing stop loss when playing since there’s a high chance of losing than winning.

Indeed.

Having gambling as your main source of income is really a bad move because you might end up losing more instead of what you will gain because of the risks that comes along with it. Gambling is a risky income generator if you plan to make it one. You shouldn't even consider it to begin with because gambling is more fun and could give you less stress if you just do it for fun and not for profit.

But if a person really insists to make it as an sideline, then one must also prepare for the possible risks of drawbacks such as losses and being dependent on it with prolonged gambling habit or routine. Though for me, it's still best to have a stable source of income such as regular day job.

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Quote from: Kakmakr on August 07, 2023, 12:51:54 AM

I am one of those gamblers that are doing it for fun, because I believe only a very small percentage of people EVER profit from gambling. Yes, there are some professional Poker players and people betting professionally on Sports, that might be making some good money... but most of the other people lose lots of money.

I started out dreaming of the huge Jackpot or the max wins that I might be getting and quickly realized that say 1% of people get that opportunity... the rest of the people are funding those wins. Roll Eyes

At least we have the same concept of gambling, that we do it just for fun regardless of winning or losing. in fact, I have the same opinion with the point you said. that there are some gamblers out there who make money from their gambling, whether they are Poker professionals, or people who bet professionally on Sports. In essence, they have expertise in their respective fields.

Well, should I agree with the second point you said. but at least, what you say makes sense.

Well, I will try to interpret that what you mean is casino games, especially slot games. as you say, I agree with your simple logic. although in truth, we can discuss it further, even debate it. Despite all that, I prefer sports betting. for me, the chances of winning are much higher than other bets. although in fact, every gambling game has its own uniqueness. it's just, I'm more talented at football. auto, I prefer to bet on this gamble. To be honest, besides I get entertainment from watching matches, I get adrenaline from the bets that I make. related to winning or losing, is something commonplace.

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Quote from: tusandii on August 08, 2023, 03:23:39 AM

But not everyone who seeks pleasure from gambling also expects to win because some gamblers deliberately look for games that are more exciting or more entertaining without thinking about whether it will result in a win or not.
We know that most gamblers are really looking for victory, but there's also no doubt that winning is difficult to get, so the most important thing is to feel happy and satisfied.

If you're a type of gambler with a main desire of having fun and winning is just a bonus, then that's good because you won't likely experience a problem related to your gambling activity. Because the usual problem of gamblers are unable to accept the fact that they lose their money in gambling. It's the start of trying to recover the losses and spending what they can't afford to lose.

Quote from: tusandii on August 08, 2023, 03:23:39 AM

If it's easy to win, then it's not a problem if you have the desire to win big.
I'm a little confused by those who are too obsessed with big wins to be willing to do anything to have this opportunity.

The thought that you can win big if you gamble your money is really tempting. Who don't want to win right? But it's a must that we have self-control so we can limit ourselves on how much to bet, and not to aim the winning amount based on our financial needs.

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Quote from: Blitzboy on August 08, 2023, 02:41:53 AM

It is somewhat oversimplified. Its interesting to note that some people find the idea of playing for enjoyment and leisure to be appealing. On one level, what you said about not trying to win makes sense, but perhaps not so much on another?

But dont we all play games for both enjoyment and competition? Isnt that what makes us human? Of course, maintaining composure is a very smart course of action, but wouldnt it go against the very nature of gambling to avoid taking risks or striving for success? Really, its a riddle. What you suggest about keeping to the fundamentals is good, yet it could result in a monotonous experience.

But not everyone who seeks pleasure from gambling also expects to win because some gamblers deliberately look for games that are more exciting or more entertaining without thinking about whether it will result in a win or not.
We know that most gamblers are really looking for victory, but there's also no doubt that winning is difficult to get, so the most important thing is to feel happy and satisfied.

If it's easy to win, then it's not a problem if you have the desire to win big.
I'm a little confused by those who are too obsessed with big wins to be willing to do anything to have this opportunity.

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Quote from: Kakmakr on August 07, 2023, 12:51:54 AM

I am one of those gamblers that are doing it for fun, because I believe only a very small percentage of people EVER profit from gambling. Yes, there are some professional Poker players and people betting professionally on Sports, that might be making some good money... but most of the other people lose lots of money.

I started out dreaming of the huge Jackpot or the max wins that I might be getting and quickly realized that say 1% of people get that opportunity... the rest of the people are funding those wins. Roll Eyes

There's always a higher chance in slots, in my opinion, multis are going from 1k to 5k. Original games don't really give a lot but I had my good times there too. Wink

Recently, I hit x1500 and x500 again in one of the original games of Stake.com and I was shocked at how much it is multiplied by my bet although it took longer than expected. One more of that hit and I will be cashing out.

While having fun, it's still more enjoyable if you are hunting something. A chance that will stop you from playing for days or maybe weeks. That's where the jackpot comes in.
In my case, I always put a limit on where I will stop, either in losing or in winning. If I see a window of time to cashout then I can do it without even regretting it, as long as I enjoy the money afterward with my family.

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Quote from: Quidat on August 07, 2023, 04:59:10 PM

Quote from: letteredhub on July 23, 2023, 12:41:21 PM

I have heard and read about people gambling because they had no source of income, a job or they wanted to add gambling as part of their streams of income. Whatever your category the bottom line is that we all gamble to make money though some group claim it's mainly for fun. But who would want to be losing money all in the idea of catching fun!

There are gamblers that don't place their bet not until they have gotten a certain amount as their potential win. Some do this based on their financial challenge with the anticipation that just one win they may get on such amount is a life changer for them.

My main focus on this thread is in this question: as a gambler do you place your bet according to the weight of your financial need or you're always okay with whatever amount that comes out as potential win no matter how small amount?

When it comes on doing some gambling session then i never ever intend to make our really think off about on making profits or trying out to chase up some wins but rather i would really be playing for the sake of entertainment and leisure. If you are really that going after for some wins then you would definitely be making yourself desperate which is something not really that recommendable i should say in speaking about gambling activity because you would really be keeping on chasing that kind of limit or goal specially on gambling which we know that its not really that anytime that we are really that lucky. This is why we should really be careful on what would be our thoughts or what would really be our wishes and trying out to persevere on how it should really be. Its always been a good approach
if you do just stick with the basic principle on how things should really be done or should really be that having that good approach.

It is somewhat oversimplified. Its interesting to note that some people find the idea of playing for enjoyment and leisure to be appealing. On one level, what you said about not trying to win makes sense, but perhaps not so much on another?

But dont we all play games for both enjoyment and competition? Isnt that what makes us human? Of course, maintaining composure is a very smart course of action, but wouldnt it go against the very nature of gambling to avoid taking risks or striving for success? Really, its a riddle. What you suggest about keeping to the fundamentals is good, yet it could result in a monotonous experience.

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Quote from: len01 on August 07, 2023, 01:55:54 AM

Quote from: ethereumhunter on August 01, 2023, 06:09:38 AM

Some gamblers have a winning limit but only a few gamblers manage to reach their winning limit because before they reach it, they have already experienced a lot of losses. And most of them have experienced defeat because of greed which has made them continue to play gambling. In addition, those who should have succeeded in winning and reaching their winning limit did not immediately stop and withdraw their money but instead tried to continue playing the gamble but it turned out they lost. And this is what makes them fail to get their victory.

for me its actually not the win limit for every gambler but the win limit for the casino. related to the story you are saying, everyone or all gamblers have experienced something like this, they are too greedy when they get a big win, but keep in mind that not everyone gets the win, they have to spend a lot of money on gambling first, there are some people who have just bet in a few days get a big win and of course a gambler who just feels that betting on getting that win feels that it is very easy and chooses to continue gambling without realizing that his winning money will run out again.
its hard to control myself when I get a big win as I've experienced betting for ± 1 hour getting around $ 900 but its all gone again in five minutes.

A very common scenario with greedy gambler, they wanted to keep making more money thinking that luck will always follow, for sure we do have same experienced though not just a huge but the common is you almost earn decent but you choose to continue playing and after some minutes or hours of gaming everything is gone with the wind and what left is the regret of thinking that you should follow your instinct to stop but nothing can be a change after losing your bankroll.

Quote from: Quidat on August 07, 2023, 04:59:10 PM

Quote from: letteredhub on July 23, 2023, 12:41:21 PM

I have heard and read about people gambling because they had no source of income, a job or they wanted to add gambling as part of their streams of income. Whatever your category the bottom line is that we all gamble to make money though some group claim it's mainly for fun. But who would want to be losing money all in the idea of catching fun!

There are gamblers that don't place their bet not until they have gotten a certain amount as their potential win. Some do this based on their financial challenge with the anticipation that just one win they may get on such amount is a life changer for them.

My main focus on this thread is in this question: as a gambler do you place your bet according to the weight of your financial need or you're always okay with whatever amount that comes out as potential win no matter how small amount?

When it comes on doing some gambling session then i never ever intend to make our really think off about on making profits or trying out to chase up some wins but rather i would really be playing for the sake of entertainment and leisure. If you are really that going after for some wins then you would definitely be making yourself desperate which is something not really that recommendable i should say in speaking about gambling activity because you would really be keeping on chasing that kind of limit or goal specially on gambling which we know that its not really that anytime that we are really that lucky. This is why we should really be careful on what would be our thoughts or what would really be our wishes and trying out to persevere on how it should really be. Its always been a good approach
if you do just stick with the basic principle on how things should really be done or should really be that having that good approach.

I follow you with that opinion, following with careful decision making, it's difficult to control yourself when playing and already engaging too much with gambling, staying with intending to have some fun might give you that luxury to enjoy, but in terms of making money, you are at risk of making yourself desperate and worse you can go deep and be addicted.

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Quote from: slapper on August 07, 2023, 09:45:32 AM

You know, after a victory, you think you can't lose, but then you do, and everything you gained is wiped out. Your advice to stop when hitting the target is very good and I agree; it is a valuable lesson

However, is it not about more than just greed? Is it not about the thrill, the enthusiasm, and the entire emotional experience? Perhaps it is something deeper and more complex than avarice that drives people to persist. It is comparable to a difficult puzzle in which each element does not quite fit. However, this is all an excellent topic for reflection and provides everyone with something to learn

Thinking that after winning, you can still get another win won't always come true, so we must know and be aware that it is better to stop than to decide to continue playing gambling. The results can differ from what we want because luck will no longer be with us.

And yes, greed comes after a win, especially after a previous win. Our emotions will increase. And if we can't stop immediately, we can lose our previous winnings and won't bring any money. So instead of having a win limit that we have to achieve, we should stop immediately after getting any victory to save ourselves and the money we have earned.

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Quote from: letteredhub on July 23, 2023, 12:41:21 PM

I have heard and read about people gambling because they had no source of income, a job or they wanted to add gambling as part of their streams of income. Whatever your category the bottom line is that we all gamble to make money though some group claim it's mainly for fun. But who would want to be losing money all in the idea of catching fun!

There are gamblers that don't place their bet not until they have gotten a certain amount as their potential win. Some do this based on their financial challenge with the anticipation that just one win they may get on such amount is a life changer for them.

My main focus on this thread is in this question: as a gambler do you place your bet according to the weight of your financial need or you're always okay with whatever amount that comes out as potential win no matter how small amount?

When it comes on doing some gambling session then i never ever intend to make our really think off about on making profits or trying out to chase up some wins but rather i would really be playing for the sake of entertainment and leisure. If you are really that going after for some wins then you would definitely be making yourself desperate which is something not really that recommendable i should say in speaking about gambling activity because you would really be keeping on chasing that kind of limit or goal specially on gambling which we know that its not really that anytime that we are really that lucky. This is why we should really be careful on what would be our thoughts or what would really be our wishes and trying out to persevere on how it should really be. Its always been a good approach
if you do just stick with the basic principle on how things should really be done or should really be that having that good approach.

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Quote from: letteredhub on July 23, 2023, 12:41:21 PM

I have heard and read about people gambling because they had no source of income, a job or they wanted to add gambling as part of their streams of income. Whatever your category the bottom line is that we all gamble to make money though some group claim it's mainly for fun. But who would want to be losing money all in the idea of catching fun!

There are gamblers that don't place their bet not until they have gotten a certain amount as their potential win. Some do this based on their financial challenge with the anticipation that just one win they may get on such amount is a life changer for them.

My main focus on this thread is in this question: as a gambler do you place your bet according to the weight of your financial need or you're always okay with whatever amount that comes out as potential win no matter how small amount?

Of course when you bet, you look for the potential returns of your money, and obviously it should be profitable in your side. But then again, there is always the question about greed and other emotions. It's good that if you are gong to play for fun and just enjoy the game, wether slots or dice or others.

But if you are that type of gambler that is not satisfied with your winnings and wanted more, then you don't look for potential win. Maybe you want to recoup your previous losses, or you are just that addicted that there is no contentment on your end and that is a very dangerous combination.

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Quote from: Aikidoka on August 07, 2023, 02:45:19 PM

Quote from: Kakmakr on August 07, 2023, 12:51:54 AM

I started out dreaming of the huge Jackpot or the max wins that I might be getting and quickly realized that say 1% of people get that opportunity... the rest of the people are funding those wins. Roll Eyes

It's okay to dream about winning the huge jackpot and there's nothing wrong with that. However, as you mentioned the chances of winning such a massive prize are incredibly small, possibly even less than 0.1% especially when many people are participating in the lottery but to be honest nothing is truly impossible, and who knows, one day you could be that lucky person to win the grand prize!

The odds are indeed very small, but those who get the jackpot are very, very lucky.
As long as I gamble, I have never gotten a jackpot, at least only a consolation prize, which of course is good enough. the higher the intensity of the game, the more chances to get the jackpot. Don't get too obsessed with jackpots, that's not good because it will only encourage us to do unhealthy gambling.

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Quote from: Kakmakr on August 07, 2023, 12:51:54 AM

I am one of those gamblers that are doing it for fun, because I believe only a very small percentage of people EVER profit from gambling. Yes, there are some professional Poker players and people betting professionally on Sports, that might be making some good money... but most of the other people lose lots of money.

I agree with this point, and personally I consider gambling just like you do. I don't see it as a reliable source of income because it involves a lot of risk and making consistent profits from gambling is extremely hard. Usually, only professional gamblers can achieve that level of success. For me, gambling is purely for fun and I enjoy it as a form of entertainment especially when I gamble with friends.

Quote from: Kakmakr on August 07, 2023, 12:51:54 AM

I started out dreaming of the huge Jackpot or the max wins that I might be getting and quickly realized that say 1% of people get that opportunity... the rest of the people are funding those wins. Roll Eyes

It's okay to dream about winning the huge jackpot and there's nothing wrong with that. However, as you mentioned the chances of winning such a massive prize are incredibly small, possibly even less than 0.1% especially when many people are participating in the lottery but to be honest nothing is truly impossible, and who knows, one day you could be that lucky person to win the grand prize!

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Quote from: Negotiation on August 07, 2023, 06:47:21 AM

Right, it is also very difficult to make money from gambling no one can guarantee the exact victory here. Even if you win with a small amount, the addiction of winning makes you destitute after losing everything.

And for some, this makes it more interesting because the challenge is there. You may think of it as a challenge but you don't have to do it for most times in profit so you can play for fun anytime as you wish.

Quote from: Negotiation on August 07, 2023, 06:47:21 AM

That's why you have to learn to control yourself and notice the positive and negative aspects. Make things easier on yourself by deciding what you can afford to lose before you start playing. Also can spend more money than expected. This means setting aside a certain amount of money to bet every day and making sure you don't go over it.

There are moments that you can't just notice that when you're already exceeding to your control.

And even if you're trying to control your emotion, you are having hard time in accepting that because it is what makes you want to push and continue to do it.

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Quote from: letteredhub on July 23, 2023, 12:41:21 PM

I have heard and read about people gambling because they had no source of income, a job or they wanted to add gambling as part of their streams of income. Whatever your category the bottom line is that we all gamble to make money though some group claim it's mainly for fun. But who would want to be losing money all in the idea of catching fun!

There are gamblers that don't place their bet not until they have gotten a certain amount as their potential win. Some do this based on their financial challenge with the anticipation that just one win they may get on such amount is a life changer for them.

My main focus on this thread is in this question: as a gambler do you place your bet according to the weight of your financial need or you're always okay with whatever amount that comes out as potential win no matter how small amount?

First of all, you must understand that it is your approach and it is not necessarily the truth for everyone.

In reality, money is "burned" in bets for simple fun, like someone who spends money on a soft drink, chocolate, beer and etc.

Now, without a doubt, sometimes you can find yourself on the opposite path, betting because you want to win, of course you do.

But that should not be confused with betting for monetary necessity, it is a mistake, without a doubt. You should not look for your financial solutions in betting.

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Quote from: ethereumhunter on August 07, 2023, 04:52:44 AM

Quote from: len01 on August 07, 2023, 01:55:54 AM

for me its actually not the win limit for every gambler but the win limit for the casino. related to the story you are saying, everyone or all gamblers have experienced something like this, they are too greedy when they get a big win, but keep in mind that not everyone gets the win, they have to spend a lot of money on gambling first, there are some people who have just bet in a few days get a big win and of course a gambler who just feels that betting on getting that win feels that it is very easy and chooses to continue gambling without realizing that his winning money will run out again.
its hard to control myself when I get a big win as I've experienced betting for ± 1 hour getting around $ 900 but its all gone again in five minutes.

That is a very large amount for me which can be obtained in ± 1 hour. But unfortunately, you don't immediately stop gambling but instead continue playing. Yes, greed will invite us to continue playing even though we have won a lot of money. And you've experienced it.

If someone has a winning target that they have to achieve, they must understand that after being able to reach the winning target or get close to the winning target, they must stop immediately instead of losing all the winning money. It will be meaningless if you lose all the money especially from your story, you bet for ± 1 hour which is not a short time to get around $ 900. This is a valuable lesson for all of us so that we don't get too greedy in pursuing victory and feel content with what we have got.

You know, after a victory, you think you can't lose, but then you do, and everything you gained is wiped out. Your advice to stop when hitting the target is very good and I agree; it is a valuable lesson

However, is it not about more than just greed? Is it not about the thrill, the enthusiasm, and the entire emotional experience? Perhaps it is something deeper and more complex than avarice that drives people to persist. It is comparable to a difficult puzzle in which each element does not quite fit. However, this is all an excellent topic for reflection and provides everyone with something to learn

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Quote from: aioc on August 01, 2023, 08:50:48 AM

Quote from: letteredhub on July 23, 2023, 12:41:21 PM

My main focus on this thread is in this question: as a gambler do you place your bet according to the weight of your financial need or you're always okay with whatever amount that comes out as potential win no matter how small amount?

Gambling is not a source of income, you are delusional if you think it is, yes you can win a couple of times but you cannot keep up and continue your winning, the house always has the edge if you keep holding on to this belief that gambling can provide your financial need you are in big trouble.
Know your limitation and the fact about gambling and hold on to these beliefs, don't go on your boundary stay with it and you will be fine all your life.

Right, it is also very difficult to make money from gambling no one can guarantee the exact victory here. Even if you win with a small amount, the addiction of winning makes you destitute after losing everything. That's why you have to learn to control yourself and notice the positive and negative aspects. Make things easier on yourself by deciding what you can afford to lose before you start playing. Also can spend more money than expected. This means setting aside a certain amount of money to bet every day and making sure you don't go over it.

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Quote from: Kakmakr on August 07, 2023, 12:51:54 AM

I am one of those gamblers that are doing it for fun, because I believe only a very small percentage of people EVER profit from gambling. Yes, there are some professional Poker players and people betting professionally on Sports, that might be making some good money... but most of the other people lose lots of money.

I started out dreaming of the huge Jackpot or the max wins that I might be getting and quickly realized that say 1% of people get that opportunity... the rest of the people are funding those wins. Roll Eyes

Have seen someone that we both have like minds with, I also appreciate playing for fun, and being that it is only for fun makes it a very low-budget thing, am always conscious of being addicted and pumping a lot of money into it, some days back I came to understand that a lot of people, are making good money out of gambling if it is working for anyone since its a matter of choice and what works for you and also like you said there are a lot of people who have taking gambling to be there source of income and it seems to be working for them that's good and does that is not in their favor should question their selves, at least some limit will help in term of losing money, this last comment cracked me up loosing money to enrich the ones that are lucky that's just life, not everyone gets lucky.

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Quote from: len01 on August 07, 2023, 01:55:54 AM

for me its actually not the win limit for every gambler but the win limit for the casino. related to the story you are saying, everyone or all gamblers have experienced something like this, they are too greedy when they get a big win, but keep in mind that not everyone gets the win, they have to spend a lot of money on gambling first, there are some people who have just bet in a few days get a big win and of course a gambler who just feels that betting on getting that win feels that it is very easy and chooses to continue gambling without realizing that his winning money will run out again.
its hard to control myself when I get a big win as I've experienced betting for ± 1 hour getting around $ 900 but its all gone again in five minutes.

That is a very large amount for me which can be obtained in ± 1 hour. But unfortunately, you don't immediately stop gambling but instead continue playing. Yes, greed will invite us to continue playing even though we have won a lot of money. And you've experienced it.

If someone has a winning target that they have to achieve, they must understand that after being able to reach the winning target or get close to the winning target, they must stop immediately instead of losing all the winning money. It will be meaningless if you lose all the money especially from your story, you bet for ± 1 hour which is not a short time to get around $ 900. This is a valuable lesson for all of us so that we don't get too greedy in pursuing victory and feel content with what we have got.

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Quote from: inthelongrun on August 07, 2023, 02:40:21 AM

I believe that gambling is for fun. Even though I am mostly into sports betting only these days, I am still having more fun and thrill watching games that I have a bet.

Just like in games that we play all of them are fun but there's an exchange to get into that fun. And with gambling, it's in exchange for our money. We do like to see how everything is going to happen with the bets that we make and that's why, the thrill and fun is there.

Quote from: inthelongrun on August 07, 2023, 02:40:21 AM

I do have my own minimum limits for winning, but not that high. And my betting budget always corresponds to my regular earnings and it is not even based on my overall assets so it won't hurt if I lose.

Don't believe in people posting on social media and making stories about earning regularly on gambling. If someone earns regularly in gambling then it must be on poker.

The same as mine, not that much but as long as it's along with my budgeted amount for gambling then it's all good. I don't mind losing it as long as I have fun and that's not a lot to think of. Some gamblers forget to set winning and losing amount, not that much for both is what gonna give you a good night time sleep.

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We can say that demo accounts have emerged for those who want to have fun and not lose money. Gambling can be a fun and addictive event, but we can say that it is in the hands of the person to get rid of it. We cannot say that everyone gambles to make money because some of them play because they are extremely addictive. We can say that people who lose money for fun are usually rich people who do not care much about the money they lose. I can say that these people are few but they do exist.
Some people, on the other hand, are constantly trying to earn income from here in the hope of completely devoting their lives here. I can say that they have adopted it as a profession and make a living from it. For them, the difficulty and risk of the job is quite high as well as the earnings are good.
I used to play for high earnings, now I can say that I play for both pleasure and potential earnings.

Topic: As a gambler do you have a potential winning amount limit? - page 17. (Read 3034 times)