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. 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.
Topic: As a gambler do you have a potential winning amount limit? - page 18. (Read 3034 times)
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.
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.
That is exactly the point why casinos need a lot of regular customers to make enough money to pay out the few large winnings. No casino in the world could afford if there was a gambler winning the jackpot every day. To pay out these large sums of money it takes a lot of people to pay money into the casino. The majority of gamblers will either make small wins or small losses, it's only a tiny fraction of people that are either winning or losing very big. The odds are in the favour of the casino, so the chances are slightly higher for the casino to have more losers than winners. Which also makes a problem for people to focus on a fixed winning amount, as we can't control our profit reliably. All we can do is keep on gambling or to stop, and focusing on specific amount will let us keep gambling until we reach that amount. The problem is that the longer we gamble the higher our chances to make a loss, and even when we recover our losses, we might not reach our profit target for the day. My recommendation is to focus more on the risk side instead of the profit side. We should keep in mind how much money we already gambled with on the day and not disregard everything only to reach a fixed profit.
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.
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.
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.
-snip-
But who would want to be losing money all in the idea of catching fun!
Actually, I'm not too confident with certain game situations that carry the risk of losing consciousness rather than losing money, so I don't read any potential wins so far believe it or not.But who would want to be losing money all in the idea of catching fun!
-snip-
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.
Wouldn't that lead you to bet even more out of control? And generally, people are also initially too sure that this will go well until they change their betting patterns to extremes after they are no longer chasing potential wins, but big losses. 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.
Many say they gamble for fun. In reality those are just words, and in realtime the expectation differs for sure. Very few enjoy the adrenaline rush through gambling, because to experience the adrenaline rush we've got more sporting events. In some corner of the mind even the gambler looking for fun is in need of win.
As a gambler I've got winning limits and those were very small, and those aren't stable. Once the expected win is achieved the mind looks for more. This is how the winning day turns to be complete loss.
They should be able to make gambling fun and not take it too seriously to make money. If they want to achieve the target of winning in gambling, it must be difficult because they cannot always have the luck that can give them victory. I don't have a win limit because I know gambling is just for fun, so I don't take gambling too seriously and just take my time. We should limit gambling before we lose more money because it is not worth it. And if some people still want to gamble, we don't need to follow them because it is their choice.As a gambler I've got winning limits and those were very small, and those aren't stable. Once the expected win is achieved the mind looks for more. This is how the winning day turns to be complete loss.
Having a target winning can lead you to addiction because your goal is to reach that amount and if you haven't reached it youll bet more meaning even youll lose you will still bet, ive kind of tried this before which ive planned that this is my target winning that day which ive really got it but the 2nd day ive lose it all and luckily i stopped that time as i am very frustrated so it is better to have set money for you to gamble or set how many hours you'll play rather than setting a target winning
It could also lead to frustrations, winning is really hard when you're having a bad day because you were losing more than you're winning. This kind of strategy is more likely not going to work. I've seen a lot of people who's doing this, telling themselves they will wrap up for the day if a specific winning amount is hit, but no it did not end that way most of the time, because the more you win the more engaged you are for that moment as if no amount of money can satisfy you.
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!
The underlying goal in gambling is to win. Even when we win, we want to we win big. The perfect combination of fun in gambling is having fun and winning big. If we keep losing money, we specifically when we play at a casino, whether online or onsite, we do two things - one change the type of games we play or two change the casino that is, we look for a new one.Quote
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
Sometimes yes, when I desperately need money but at the back of my mind, I know it doesn't work that way but I do it anyways.Quote
or you're always okay with whatever amount that comes out as potential win no matter how small amount?
Sometimes yes, when I am just feeling lucky or wanna pass time with gambling. Many say they gamble for fun. In reality those are just words, and in realtime the expectation differs for sure. Very few enjoy the adrenaline rush through gambling, because to experience the adrenaline rush we've got more sporting events. In some corner of the mind even the gambler looking for fun is in need of win.
As a gambler I've got winning limits and those were very small, and those aren't stable. Once the expected win is achieved the mind looks for more. This is how the winning day turns to be complete loss.
They should be able to make gambling fun and not take it too seriously to make money. If they want to achieve the target of winning in gambling, it must be difficult because they cannot always have the luck that can give them victory. I don't have a win limit because I know gambling is just for fun, so I don't take gambling too seriously and just take my time. We should limit gambling before we lose more money because it is not worth it. And if some people still want to gamble, we don't need to follow them because it is their choice.As a gambler I've got winning limits and those were very small, and those aren't stable. Once the expected win is achieved the mind looks for more. This is how the winning day turns to be complete loss.
Having a target winning can lead you to addiction because your goal is to reach that amount and if you haven't reached it youll bet more meaning even youll lose you will still bet, ive kind of tried this before which ive planned that this is my target winning that day which ive really got it but the 2nd day ive lose it all and luckily i stopped that time as i am very frustrated so it is better to have set money for you to gamble or set how many hours you'll play rather than setting a target winning
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?
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.
It is very good Advice, and the truth is that I also think that putting things to the limit when it comes to things related to money, you have to think about it very carefully, because in a casino things can go well, but suddenly if a bad streak comes There is Nothing to do there but Resignation and acceptance , that's why not going to the market in the bets is only better , normally the Majority of people in the world who play in a traditional casino or an online casino, all have a capacity of economy to a medium degree, very few are those who have a large amount of money to spend in the casino without Affecting their lives.
When a person has a lot of capacity to spend money in a casino, things can be green from another point of view, because they are people who don't know how to spend their money and well, they don't mind putting their money in a casino and continuing or trying their luck because they can have fun. .
We, as players, are sometimes of a low-medium style because we always adjust to what we have to learn many things, strategists to be able to play , because we have to pay up our money, that is the law, while a millionaire Person sometimes plays just to play, without Paying attention to it or at least getting excited, that is what you are looking for, that the person seeks to have a pleasant time, that they feel the desire to bet, to lose, to win , Everything is valid, but do it with great moderation because things If they don't get out of control, I think that's where everything should come from , from Tranquility and control.
I wish we Could always have that possibility of saying, my Profit limit every day is this "xx" any number that is very High, but it is not so, we or at least I do not Have that Defined rate , Because I have learned The slightest profit for me is a big victory , and that is to be profitable, the Same applies to trading , before I was not satisfied with Small profits , it seemed to me that I was wasting time , but I Prefer that way and not Lose Money.
Many say they gamble for fun. In reality those are just words, and in realtime the expectation differs for sure. Very few enjoy the adrenaline rush through gambling, because to experience the adrenaline rush we've got more sporting events. In some corner of the mind even the gambler looking for fun is in need of win.
As a gambler I've got winning limits and those were very small, and those aren't stable. Once the expected win is achieved the mind looks for more. This is how the winning day turns to be complete loss.
It is true that gambling creates some conflicting emotions, as a person that is only looking to get fun out of gambling will obviously enjoy their session way more if they happen to win some money than if they happen to lose it.As a gambler I've got winning limits and those were very small, and those aren't stable. Once the expected win is achieved the mind looks for more. This is how the winning day turns to be complete loss.
And as such some of those people may eventually and without even realizing it themselves change their goal from getting some fun to earning money, however I still believe there are many people that can keep those conflicting feelings on line and remain entertained even if they lose more often than not.
Many say they gamble for fun. In reality those are just words, and in realtime the expectation differs for sure. Very few enjoy the adrenaline rush through gambling, because to experience the adrenaline rush we've got more sporting events. In some corner of the mind even the gambler looking for fun is in need of win.
As a gambler I've got winning limits and those were very small, and those aren't stable. Once the expected win is achieved the mind looks for more. This is how the winning day turns to be complete loss.
They should be able to make gambling fun and not take it too seriously to make money. If they want to achieve the target of winning in gambling, it must be difficult because they cannot always have the luck that can give them victory. I don't have a win limit because I know gambling is just for fun, so I don't take gambling too seriously and just take my time. We should limit gambling before we lose more money because it is not worth it. And if some people still want to gamble, we don't need to follow them because it is their choice. As a gambler I've got winning limits and those were very small, and those aren't stable. Once the expected win is achieved the mind looks for more. This is how the winning day turns to be complete loss.
Many say they gamble for fun. In reality those are just words, and in realtime the expectation differs for sure. Very few enjoy the adrenaline rush through gambling, because to experience the adrenaline rush we've got more sporting events. In some corner of the mind even the gambler looking for fun is in need of win.
As a gambler I've got winning limits and those were very small, and those aren't stable. Once the expected win is achieved the mind looks for more. This is how the winning day turns to be complete loss.
As a gambler I've got winning limits and those were very small, and those aren't stable. Once the expected win is achieved the mind looks for more. This is how the winning day turns to be complete loss.
It sounds a lot that people gamble just for fun but basically they go for gambling. Gambling is like an addiction where it is hard to get back from having fun and making money. But it is true that those who are currently unemployed in the society have chosen gambling platforms as their only place of employment. They invest there to earn their money be it small or big but most of the time many lose those bets. As a gambler I must bet my money to a limited amount so that I don't go broke if I lose. It is often seen that when gambling a large amount of money is bet, all the money is lost in case of bad luck. So I will try to bet as much money as I have and bet as little as my financial needs hope it will be good for me.
Well, there's fun in it and they just want that adrenaline whenever they want to gamble even if it's just for leisure. That's totally risky if they want to make it as an alternative to employment, it will only lead to many more problems. To be honest, when I am gambling my mind set that this money I am betting on will totally lost, so whenever I lose its not that of a huge deal to me, when I win I will surely take that profit or get it out and do whatever I want with that winnings. 
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?
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?
Some people doing gambling in my circle and I am also the gambler.The first thing is people should not consider this as the income source to earn money,because gambling will not give you the steady income as like you think.It's essential to build some tactics based on your old games.The gambling is the game and give us some enjoyment based on the the winning from the game.
Their is possibility of winning and losing in gambling also as like the other game.Some people think the gambling owner do the people to lose the money.But in a game their will be one winner and same was occurring in the gambling.But people think the website had a program to scam the gambler and which is not the real fact.Gamblers are ready to lose money sometimes to get some excitement at the time of the winning.
Yes I do have potential winning amount limit depending on how much is my bankroll in each gambling session.
Having winning limit help to control my greed, as if I have no winning limit then I may not stop playing after winning some money because I may think that the amount is still not enough.
Usually I set my winning limit to 3-5x of my starting bankroll but some time I may stop at 2x depending on my feeling at the time I'm playing.
All in all having bot losing and winning limit help me to control my greed although I have to be honest that sometime I break my own limit
Having winning limit help to control my greed, as if I have no winning limit then I may not stop playing after winning some money because I may think that the amount is still not enough.
Usually I set my winning limit to 3-5x of my starting bankroll but some time I may stop at 2x depending on my feeling at the time I'm playing.
All in all having bot losing and winning limit help me to control my greed although I have to be honest that sometime I break my own limit
It sounds a lot that people gamble just for fun but basically they go for gambling. Gambling is like an addiction where it is hard to get back from having fun and making money. But it is true that those who are currently unemployed in the society have chosen gambling platforms as their only place of employment. They invest there to earn their money be it small or big but most of the time many lose those bets. As a gambler I must bet my money to a limited amount so that I don't go broke if I lose. It is often seen that when gambling a large amount of money is bet, all the money is lost in case of bad luck. So I will try to bet as much money as I have and bet as little as my financial needs hope it will be good for me.
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, financial ability is the main capital, that happened to me personally, for sure I don't want to have problems in the future because of gambling, I know very well the effects caused by gambling, that's the main reason I consider my financial quality very much.As a whole there are winners and losers in gambling, this is a phenomenon that all gamblers cannot avoid, for me considering small bets is a good thing, we never know the final outcome of the bet, except: the game we play is absolutely accurate will win, but it's rare, for that risking large amounts of money is not a good consideration for me, I like small bets with small wins and low risk.
As a gambler, one must have a lot of self-control so that they can control their greed and have some control over their emotions so that they can exit the casino at the exact same time as they hit a big win which might be useful for them later but if they gamble more, they will have nothing left.
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, financial ability is the main capital, that happened to me personally, for sure I don't want to have problems in the future because of gambling, I know very well the effects caused by gambling, that's the main reason I consider my financial quality very much.As a whole there are winners and losers in gambling, this is a phenomenon that all gamblers cannot avoid, for me considering small bets is a good thing, we never know the final outcome of the bet, except: the game we play is absolutely accurate will win, but it's rare, for that risking large amounts of money is not a good consideration for me, I like small bets with small wins and low risk.
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?
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.
What you said about a person chasing profits in a very risky and undesirable manner is true but only if they just have a potential winning target without a limit on their losses for that specific period. Let's suppose if you are aiming to get $50 as profit per day from gambling, you might lose a lot of money in trying to chase that limit, but if you also have a loss limit of only $100 per day, which means if you lose $100 before getting $50, you will stop gambling right there.
This can save you from experiencing excessive losses, the limits will surely depend on your daily, weekly, or monthly budget, and you just need to make sure that you are not crossing the limits, whether you are winning or losing, whatever target is hit first, you will stop gambling in both situations.
Losses cannot be avoided but it can be reduced to its minimal rate. Saving cannot be accomplished through gambling, especially when a gambler is ready to make additional money; it's as if something pulls them to keep staking until their accounts are liquidated. Uncertainty in finances will undoubtedly make a gambler wanting to bet on additional games, which is unquestionably seeking to achieve a lot from the system. Gambling necessitates large sums of money, and the gambler should be financially stable before entering the system. The case you presented is correct.This can save you from experiencing excessive losses, the limits will surely depend on your daily, weekly, or monthly budget, and you just need to make sure that you are not crossing the limits, whether you are winning or losing, whatever target is hit first, you will stop gambling in both situations.
Huge loss can be prevented if the gambler have in good control of his emotion then also know how to manage his finances like the amount he can only afford to lose or even the percentage of the amount he could take home if his on the winning side. This will be hard to achieve by newbies but for sure once they learn a lot of things on gambling for sure they can carry all of it and can contain theirselves whatever scenario they encounter. Its not all about financial stability but also proper self control is only needed to develop here.
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