Topic: As a gambler do you have a potential winning amount limit? - page 23. (Read 2919 times)
Since when you gamble, your odds are below 50%. Your best bet is to be betting larger amounts in smaller quantities of bets and take your win and go. This way when you win you capture being "above EV", whereas the more times you bet, the more closer to hitting your EV mean becomes, and the less likely it will be that you can win.
Gambling for financial income is a way you are digging your unhappiness because it will only make you sad by collecting the money that you have after you lose much more to the gambling sites. Having this kind of mind that gambling can be used for financial need is where gambling addicts do start from before they graduate to become addicted.
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?
No never, my financial situation should have nothing to do with my gambling habits. I don't think it's a good idea to rely on gambling as source of income, it's no way to make money consistently and enough live of it. At least for me and my friends we only use gambling as a form of entertainment and play with money that we can afford to lose. To be honest with you, I have never met anybody in real life that uses gambling as their main job. It doesn't sound like a good idea and shouldn't be working out of my experience. Sure, there are a few rich people that don't work anymore and only gamble, on youtube there some documentaries about these highrollers that travel the biggest casinos and are lured in with a lot of treats like free hotels and 5-star meals. But this is not the majority of gamblers in the world, most of the average gamblers play a few days per month and are having a normal job they work for every day. I treat gambling as luxury item that I need to work for to be able to do it, without money there is no point in gambling. We should be happy about every win, because the chances are higher for us to lose than to win, feeling bad about only a small win is wrong and we should start appreciating the small things more.
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?
I wouldn't gamble at all with a financial need hanging over my head, high chances you will lose whatever you have got. I'd prefer 2nd.
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?
I bet according to what I can only afford to lose and not because i'm aiming for a huge win. Well it's really nice to be lucky and hit a jackpot but placing bets because you have a target amount to win is not a good idea. Though this depends on the gambler itself on how he/she manage his bankroll.If your goal is a huge gains then you also need to put a decent amount at stake. Therefore when the situation is not favor in you then it can result to more losses. So it's better to place a bet (that you can afford) because it can turn to huge amount if you're playing a certain game (like slot) that can possibly give a high multiplier and of course a big win.
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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?
Not really. In my case, what I do is deposit a certain amount and place small bets, like at least 1/20th of the deposited amount. I don't look so much at the potential winning amount, although I prefer high risk high potential reward bets. But since I bet with money that I don't need, if I win, fine, but it's not that I have a certain need to win X amount by betting.
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?
Whatever the amount. I usually just put out random odds/multiples when it comes to casinos, whatever goes really. I guess the most that I could find that would describe the scenario OP wants is during crash, the game forces you to risk it to wait for bigger wins, and in my instance, I usually try to challenge and reach high rewards, since well, it's fun in that way imo. A different thing when it comes to sports gambling though, I usually look at the teams, not the possible wins. Dark horses do win, but the keyword is at times, only at times. 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?
I don't take into account my financial needs when gambling. Kinda dumb to do so.
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!
You ask who would enjoy that? The answer is everyone, have you bought a video game, watched a movie, paid for a streaming app or even bought food at a restaurant to have a good time with your friends? If yes, then how are those activities any different from gambling? As you are willing to use some money in order to obtain entertainment.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?
And about your question the second option is my choice since I gamble to get fun, then whatever profits which come to me in a single session are a welcome sight, since I think of those profits as potential free bets or if the profits were large enough I think of them as a free gambling session. 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.
From my personal experience when betting, I always consider what is at stake, the Odds that can be obtained and also the amount of money I have to bet.Now I'm not a person who likes to bet on many sports matches, so I just choose which one is the best to bet on with the money I have because that way when I lose I don't lose too much money, but if I'm lucky I can get a decent profit.
Better to be patient and a little late but can get maximum results.
Like for example in roulette or Slot machines that you can become an instant millionaire or at least to cover all your needs in one shot.
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.
From my personal experience when betting, I always consider what is at stake, the Odds that can be obtained and also the amount of money I have to bet.Now I'm not a person who likes to bet on many sports matches, so I just choose which one is the best to bet on with the money I have because that way when I lose I don't lose too much money, but if I'm lucky I can get a decent profit.
Better to be patient and a little late but can get maximum results.
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?
All the problems of human life can never be solved. Earning on the one hand and spending on the other is basically a picture of life cycle. I gamble basically with a small amount of wealth but I don't gamble I do anything by accumulating money and arguing with the main wealth. It is not possible to give up gambling completely because gambling is basically about gaining experience. If you suddenly participate in gambling, you will definitely lose, so gambling should always be on.
.But who would want to be losing money all in the idea of catching fun!
there are still mate , and those are the people that knows how to limit their gambling expenses and also they treat gambling like how they spend money in watching movies or some fun giving activities that also needs expenses .Quote
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.
gamblers has their own target and capacity , so yes there are no same plans of all gamblers when they gamble.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 or you're always okay with whatever amount that comes out as potential win no matter how small amount?
isn't desperation mate? imagine that you will rely your living just because of Bet? Am not sure if there is one who has this attitude but never for me .i will gamble maybe to win but not because I needed this amount and I will wait for the gambling bet giving that amount.
I have seen few people who gamble. Some of them are rich and others are addicted to gambling. They spend all their earnings in gambling. Setting a limit is a bad idea. Never Chase money play it for fun otherwise you will be in serious trouble.
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?
If you always weight according to your financial needs, you'll bet big, right? It is more risky to lose it all, meaning you could lose it all because always the casino wins. That is why it is better to allocate only the amount that you can afford to lose, not based on what you want to win, as this is already chasing profit in gambling, which is impossible to do.
Also, in addition to people who gamble because of money, yes, the majority of them do gamble for money, even myself, but there are also people who gamble for fun, like those rich people, who just want to spend their time and money on casinos, and sometimes we are also like that; we just want to gamble as our friends are there and having fun. This is like when you are drinking with your high school friends, not because you want to drink the alcohol, but because you just want to have fun with them.
I'm mostly satisfied with the winnings I get, even if it's smaller than what I expect, and I prefer to stay that way because gambling with that greedy mindset always backfires. I've been there before and forcing myself to hit those winning limits would lead me to start a losing streak I didn't ask for. It's similar to chasing losses because you're also betting bigger or placing more bets, but your goal is to reach the winning limit you've set. That same goal can also bring you down even further because casino games rarely go in the way of gamblers.
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?
I'm not a regular gambler, so I might not have the best answer to this, but with the little time that I have tried to gamble, I usually don't gamble based on the amount I wish to win; it's all based on the amount I am willing to wager, and the odd will determine my winning, and I don't take unnecessary risk in wagering on games that have a higher odd, which might reduce my chance of winning.
Anyone who wants to gamble based on the financial issue they have at hand might always end up losing their games as they will always want to go for a higher odd, which could help them hit their desired figures. In places where they could have won some games because they wanted the money to solve their problem, they will always want to add more games that they are not too sure of, which could eventually lead to what will cut the slip for them. To me, it's unwise to gamble based on one's financial situation.
But who would want to be losing money all in the idea of catching fun!
I would say, everyone. Everyone in some time of their life spend money for fun. Others spend extra money just to get a VIP seat, while others spend money to experience the fun of rides and the feel of being in the places called tourist spots.
People are eager to waste and spend money just for the sole purpose of entertainment and enjoyment. So I would say everyone in some point of their life.
About the potential winning limit amount, it is random sometimes I wanted to win a huge amount while sometimes I just wanted to bag a winning amount no matter how small it is. Though I never ever think of making gambling a source of my fund since I believe I might end up losing my precious fund than winning.
I don't have have a potential winning limit and as a matter of fact, I usually cash out any amount as long as it is above my staked amount I can easily cash it out, I use to want to hit my highest limit before by waiting till the end of the games most especially in sport bets, but recently I lost a good number of my bets and that was due to team scoring during the half time of the game.
So not setting a limit could lead to this kind of incidence, so I may consider this a good approach to at least cut down the risk even though you don't entirely get lucky all the time to win a straight one.
The limit will also help a gambler minimize the number of gambling sessions, be it if you win or lose.
So not setting a limit could lead to this kind of incidence, so I may consider this a good approach to at least cut down the risk even though you don't entirely get lucky all the time to win a straight one.
The limit will also help a gambler minimize the number of gambling sessions, be it if you win or lose.
If you hadn't lost, you would not have thought of using the set limit settings from then on.
However, gambling is supposed to be just for the fun, same as betting, but we have been taught about living a passionate life, no wonder many get addicted and don't know when to call it quits for the day. Hence the why for the limit settings.
I only keep on playing after a back to back winning streak, otherwise, the first 3-5games would determine if am going to win or lose, or if I should keep playing further.
Curiously enough, during my dice sessions I have set a limit on the money I am allowed to lose before logging out my account, but I have never set a limit on the profit I can get before cashing out and withdrawing all of it.
That could be one of the reasons I continue rolling numbers even though I am on the green, before my luck runs out and I go back to the starting line. If I managed to set a ceiling for the money I am allowed to win and that ceiling was proportional with my wager, I think I could get more profit out my lucky nights, though, I am not sure I have such self control and discipline yet. I could feel tempted to go on and history would repeat itself.
That could be one of the reasons I continue rolling numbers even though I am on the green, before my luck runs out and I go back to the starting line. If I managed to set a ceiling for the money I am allowed to win and that ceiling was proportional with my wager, I think I could get more profit out my lucky nights, though, I am not sure I have such self control and discipline yet. I could feel tempted to go on and history would repeat itself.
But who would want to be losing money all in the idea of catching fun!
Of course, no one wants to lose money. But you need to think of it a bit differently and you will realize that you are not really losing anything. People who consider gambling an entertaining activity, consider the money they lose wile playing games as expenses. They spend money to have fun, it's not a lost money. Anyway, you should not consider gambling as a source of income or as a quick way to make money, it's not!
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