Topic: As a gambler do you have a potential winning amount limit? - page 2. (Read 3064 times)

That is why we cannot use gambling to make money because of the losses we will experience, which can be large if we are not willing to realize it. Those who have a target in gambling will also not be able to achieve their target because it is difficult, and not everyone can achieve it. Instead of forcing themselves to make money from gambling, they should look for a job that can make money because it has a better chance for them to get the money. Those who still have a winning target that they want to achieve should immediately realize that it was a mistake. They need to immediately stop themselves from continuing to gamble and look for other places that can make money.

Indeed, no one likes losing. But that's what happens to gamblers who continue gambling. Supposedly, if they don't like losing money, they can think about reducing the amount they lose to a limit they can afford so that they can accept the loss. And if they gamble to win money, they must be aware that losing is a risk for those who gamble.

We really don't know how many gamblers can make money from gambling. But that doesn't stop gamblers from continuing to gamble. And that is what we have seen so far.

Interesting, isn't what you said something we have experienced or even often experience during gambling sessions? I think, it seems like almost most gamblers have experienced experiences like what you said in this post. actually, I'm interested in what you have to say. I will quote it, "Someone who is greedy will never have enough of their profits and they continue playing until they get profits that are really big according to them".
IMO, I think almost most gamblers have or even have problems with what you say. because after all this will be closely related to feelings and desires, these feelings and desires are shared by almost all normal humans. for example, a feeling of wanting to get a big win, a feeling of great curiosity and a desire to achieve a victory that we have achieved before. I mean, breaking the winning record that we have ever had before. some of the examples that I mentioned in this post, one of which becomes a cycle for someone to continue their gambling. in other words, this is part of the psychology of gambling. If I'm wrong, please correct me. 

So, gambling is very complex for me. not only we say because of greed. Basically, there will always be triggers that encourage us to do it. one of which, as you said, is ambition, with various motives as its background. that's why, as you said in the point below, we have to limit ourselves when it comes to gambling. so, we agree with what you said on this point. however, I have a slight difference, play as if we were doing entertainment and having fun, but this must be accompanied by limits to our abilities.

This is the important thing of having a winning limit before we start gambling. It helps us to control our greed when we are on winning moment, because if we do not set a winning limit, our greed will be bigger when we are on winning moment most of the time. Simple example, we made $100 deposit and we turn it to $300. In this moment, we will usually think like "this is my lucky moment, I want to make more (lets say 500)" but unfortunately we lose the previous $300 balance.

Someone who is greedy will never have enough of their with profits and they continue playing until they get profits that are really big according to them, and they don't realize that their balance will decrease if they continue without checking their balance and as a result they will lose all their winnings and also lost his entire balance because he was too ambitious to win big, and it is true that we should be satisfied with whatever our winnings are and never try to keep getting more if we don't want to lose it all.

I agree with you that we also have to limit ourselves when it comes to gambling. When we feel like we have won, it's better to stop and cash out the money and immediately enjoy it and stop gambling on the same day, you can try your luck the next day but still with initial capital like usually and never exceed your limits.

I agree with your opinion on the ground that people approach gambling differently with different strategies and different hopes. While some see gambling as a money-making venture, others see it as mainly for fun. However, whether it is for earning money or for fun, all gamblers have targets when gambling.

I will sound a caveat here. Gamblers who gamble for fun are also happy making money from it. This accounts for why every gambler needs to be guided by a limit. The limitation solely depends on the personal idiosyncrasy of the gambler.

I am a gambler and I have a potential winning amount target for myself. When I gamble I only want 50% profit of what I stake. For instance, if I stake with $100, my potential win will always amount to $150. This is so to enable me minimize risk.



Ideally, this should be the case but then there are gamblers with good finance that are irresponsible. In my opinion, any gambler who gambles with more than 60% of his income is irresponsible and this has been the reality of some gamblers. 

I am completely sure that gamblers who get a win will not make them stop gambling at all. as you said, no win is enough, I think that's true, they tend to be greedy when they win and of course this has become a case that often happens among gamblers. This also indicates that there is not really enough winning for gamblers to make them stop gambling, many of those who have won are still continuing their gambling while still aiming for an even bigger win.

The best choice when you win is to cash it all in, and try to enjoy the winnings you have obtained, gamble smartly, don't get carried away easily and follow greed which leads to big risks. If you really want to continue gambling again, it's best to set aside some of your winnings first or withdraw it equivalent to the capital used to gamble, because if you continue gambling again and lose, your capital is still safe. Or, as you said, when you win, cash it in and rest first, and come back another day.

People who play games a lot have to choose whether to bet a lot or win a little. What people bet on and how much danger they are willing to take determine their bets. When they want to win big, get things done, or reach their goals, they think about money a lot. A lot of people also like the game more than making money from it. A good game can teach you how to be responsible, think about risks, and have fun. The things people do depend on their goals, their money, and the games they like to play.

Most gambler like this place their bet on luck. They hardly won one out of 100 game played. Although everyone has its own way of going through gambling but I don't see this method of betting as a good one.


I place my bet on any odds that come from the good matched selection that are available for the day or week.

Do you think they lose because they like losing? They lose because it’s unfortunate for them. However, they gamble to win money. Are gamblers happy when they lose money? No. No one would be happy for such because their reason for gambling is the exact opposite.

To be honest, I think you repetitively shot yourself in the leg in your last sentences. It sounds against what you’ve been saying the whole time.

And that's for sure is true, when greed starts to dominate there's nothing you can do, it's always the case of letting your responsibility to breach by that lust and desire, when you are in the side of winning you mostly love to try keep repeating that same outcome,  same deal with losing, you wanted to keep pushing back as you wanted to try again  your luck and recover the money that you already lost.

Being responsible means that you are good in dealing with both money and your contentment when playing, as it will always be the case of irresponsible gaming that leads to a heavy addiction.

Kind of gesture  that you won't like to happen to you while playing instead of enjoying your game.

This is a good question.  I always tell people when making speculative investments that they need to have a number that they will cash out at.  What are they predicting will happen, what is the result, and when that happens what price will you be selling at...  All good questions to have.  As a gambler, I could see why having a profit number would be a good idea and keep you from putting all your winnings right back in.  If you're gambling for profit, it seems like this would be a must have.  I gamble for fun, so it's pretty common for me to put winnings all back in.  My cash out number is probably in the high 6 figures.

Being responsible plays a huge role in gambling and it is really necessary to be like that so we don't become like others whose lives have been ruined because of gambling. Being responsible is an action and behavior, not just a word. Sometimes, even if we say that we are satisfied with the money we get, we really come to the point where you want to increase the money you hold because you believe that it is possible to grow if you win. That is where our greed comes in because it is no longer followed what we say contented.

In gambling, the more you try the more you will lose, this is gambling that is nothing more than a game of chance that runs without any certainty and guarantees, but people who come with the intention of earning seem to ignore the real facts about gambling and this makes them end up suffering a number of defeats because obviously with the aim of earning they will experiment more, while this approach is really not recommended because considering that everything in gambling runs randomly and that means you will never know when you will be able to win.

All winnings in gambling always depend on how lucky you are at the time and if you lose it means you are unlucky. But most people always have a feeling and assume that "that time they could be one of the lucky ones out of 10 people playing" so there is absolutely no hesitation to continue gambling. I understand that you can win but isn't luck not always going to come consistently? and this is the reason why we should not overdo it in gambling because it will only make you suffer from the number of defeats, on the other hand I am sure that anyone does not want to experience a downturn in gambling, so it is better to follow the best advice that is considered from common sense which is to come just for fun and also by putting a small amount only and without putting any hope on winning, because anyway if we are lucky we can also win.

Loss is loss Gambling is not only a loss for certain individuals who gamble only for income.  Gambling treats everyone equally.  Those who gamble for income use more money to gamble and gamble regularly so their losses are greater and those who gamble for fun use less money to gamble as much as they can afford to lose. No one can guarantee a win from gambling.  So it is unwise to invest large amount of money where you cannot get money with confidence using any strategy

The more you chase winning is the more this goes far  , this is not my type of playing because I believe that Luck is what I only need to meet my winning so if my luck does not go within the certain amount of capital then I will left the table.

same as winning , if i gather x2-x5 of my capital then i will also leave the table example if I deposit 100$ and goes above 200-300 dollars? i am considering to stop but while there is a luck i will try upto  500 dollars and that is my maximum win and surely will stop.

Yes, betting is just a game and not for making money. If you look around you, many gamblers still lose instead of winning. Those who lose want to make money but can't do it and end up losing. Why is that ridiculous? It is precisely those who want to make money but lose a lot who cannot realize that gambling is not to make money but to have fun. No, I don't represent everyone, but I represent myself. I also want to make money, but I can't get it and still often experience losses, and many other gamblers also experience that. If people want to play games, they can play games directly. But if you want to make money, it depends on several things you already know. Gamblers love games that make money, but how many gamblers can make money from them?

Some gamblers are just greedy, nothing they win is enough for them and they keep playing until they lose all the profits they have made and sometimes they lose their gambling capital. An individual who isn't contended with what he has will lose all due to being greedy. Gambling can give you alot of money and it can also take all the money from you therefore when you're gambling and winning, you have to keep some money aside as savings so you don't use all up gambling.

When gambling, after winning some amount don't continue gambling again for that day. Take  a break so you don't lose all your money due to greediness. Gambling can be unpredictable but I always have a limit for myself, I set the limit so I know when I have won enough money for the day to quit although I know some days I won't be able to hit my target therefore I don't depend on only gambling for income.

Individual gamblers employ various betting tactics based on their needs and preferences. For some players, the amount of money they need to win to finish their goals or solve their problems affects their bets. Others may be more open-minded and content with any win. Choosing a plan will depend on your income, your gaming goals, and your risk tolerance. Being responsible means knowing your reasons for playing and setting limits. Whatever your reason for games, this is always true.

I agree. Mathematics does help out a lot.
One example is when I play Keno. The ratio of winning based on my own analysis depends on the risk you take and the amount of numbers that you pick.
For example: It is 10 losses:1 win, in an 8-number pick at a high-risk game. As the game progresses and we hit the high multiplier, the ratio grows from 11:1 and then more.
I have been playing that game for a long time and I could say it was proven and tested. Now, as we lessen the number picked, the ratio of losses grows higher too so it will depend on each gambler if he has deep pockets to afford losing by a lot while waiting for the big win to come.
This kind of play is not for the weak heart or those who can easily be mad about not hitting anything for a long time because that's the way it is in their system.
But, RTP will always come so it will depend on us if we have the patience to wait because if we get out early, there's a chance we won't get even a single high multiplier. It will be better to pick another game with a low-risk factor and then finding out what the ratio is. This is only for that game though.

It is clear that mathematics will have fairly large role in gambling and several types of games or betting really require mathematics to be able to create much more certain chance of winning.
Some gamblers really rely on mathematics in making predictions or playing games such as card games and of course this is also related to skill, but unfortunately not all gamblers can do it.
And you are right that ignorance can lead to carelessness where gamblers can deposit larger amounts of money and they will use all of that money to produce wins with the ambition of larger amounts.
I often find gamblers like this and they will always have complicated problems in the future, no one can avoid ruin if mistake has really been made.