Cash out or keep playing? - page 22.

Doan9269

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Quote from: Zanab247 on October 21, 2023, 08:32:08 AM

I came to discovered that those that cash out and save the money always experience joy in the gambling center because, they don't allow anything to move them again at the moment than to be the one telling other gamblers what to do to achieve the same victory.

It is a normal thing to act properly by cashing out after a mysterious win, but because of greed, some will always think about having more attempts for higher win, this is what lead them to loosing their entire money without knowing, there's this particular insatisfaction in us that we may not know it's affecting our life, not until we made a huge mistake like in this case and have to regret taking such decision instead of cashing out and leave, same thing applies to those that are loosing and continue gambling with the mindset of having a recovery at the course, untill they realized they are way too far on loss.

AicecreaME

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Quote from: Fivestar4everMVP on October 25, 2023, 06:18:36 AM

You are very correct, but let me say that, setting a profit limit in gambling does not sound ideal or feasible to me honestly, this is because, in gambling, the outcome of games is totally unpredictable, so this makes it absolutely impossible to know which bet will turn out to be the winning bet and one that will turn out to be the losing one, setting a profit limit will only make the gambler spend more time than necessary playing just to see if he or she could or would reach the profit target he or she have set for him or herself. This can not only lead to the gambler getting addicted easily to gambling, in the days that luck is not on the gamblers side, he or she will lose more money, and at the end of the day, he may not even reach the profit limit he or she set for him or herself.

Instead of setting a profit limit, set loss limit instead, so that while playing, if you hit your lose limit, you can easily leave gambling for that day and try again the next day.

It is feasible, however, it isn't very much ideal given the situation you already provided, bets and plays aren't a sure thing. There is no guaranteed win, therefore if you already reached your limit amount to spend, you can no longer bet and play more which is really saddening to the gambler's end because of course, they would want to play more because of the fun, entertainment, and profit on the side. But it is possible to set a limit and stand by it if you are just disciplined enough. Then the moment you win, decide whether you want to cash out or you want to continue to gamble and check if you have a profit, if you are in it for profit or just a breakeven.

boltz

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Well , we all know we go back to play more right ? even in the situation where we cash out , we still keep a little amount and if we lose that , we have from where to deposit again right ? because we just make the cash out. Basically we run in circles and we never get to actually leave the circle...sure , at some times , you have no desire to bet and that is the correct approach towards gambling.

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Quote from: Hatchy on October 17, 2023, 06:13:38 AM

I want to pose a question that I believe is quite expensive for many of us here, and it's a dilemma most of us can relate to. We all know that gambling is a game where we put our luck to the test. However, there's a crucial moment in every gambler's journey. the moment when you hit that big win. Do you cash out and savor your victory, or do you continue playing in hopes of even bigger winnings?

I've often wondered how many of us can truly stop playing when we are ahead. It's a challenge because the allure of winning more can be irresistible. I've witnessed situations where a friend deposited money into a casino, faced losses, and just when he was on the brink of frustration, he struck a significant win. Did he stop playing? No, he left his winnings in the casino, only to lose it all again.
So, I ask you all, what would you do when you finally make that big win? Would you cash out immediately to enjoy your winnings, or would you keep playing in the hopes of an even more substantial prize? Shocked

Cash outs are a tricky addition. They usually shine when sportsbook is in doubt whether your results are going to succeed or not, usually this option shines when they think you are winning the game but they lower odds and you don't profit a lot when you use cash out button. Also, they offer cash out when many of your games win but one loses and they lower odds super low.
Personally, I would keep playing. Matches like Newcastle 1-2 Liverpool happen not regularly but I would say, they are often. When I bet, I genuinely support my team, so, I prefer all or nothing. I either win and win a lot or I lose my bet.

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Quote from: angrybirdy on October 25, 2023, 06:07:50 AM

Quote from: alastantiger on October 20, 2023, 09:42:33 AM

Quote from: angrybirdy on October 20, 2023, 08:43:14 AM

I suggest to cash out your capital and at least 10% of your profit then keep the remaining amount so it could be used on your next game. do not be greedy, Just set a certain limit on yourself once you win and follow your momentum in playing but once you hit the jackpot prize, You can withdraw it all and then allocate the winning prize to your savings and investment. keep a small portion for your leisure and budget for gambling.

I use this method. I don't do percentages I just see to myself that I would leave this amount of money and use it to gamble some other time while I will draw the remainder. That way even if the one left in the casino wallet doesn't win me more money, I will be at rest knowing that there are no "what ifs".

Yeah, glad that you're doing that kind of method when it comes to gambling, Setting a target profit goal will help you to prevent from getting too greedy and turning your wins into losses. Heading into a casino intoxicated and with no limits on what you are spending might result big losses so you should be extra careful. cashing out takes guts because sometimes you'll make a decent profit or win but the other times, you need to survive to fight another day.

You are very correct, but let me say that, setting a profit limit in gambling does not sound ideal or feasible to me honestly, this is because, in gambling, the outcome of games is totally unpredictable, so this makes it absolutely impossible to know which bet will turn out to be the winning bet and one that will turn out to be the losing one, setting a profit limit will only make the gambler spend more time than necessary playing just to see if he or she could or would reach the profit target he or she have set for him or herself. This can not only lead to the gambler getting addicted easily to gambling, in the days that luck is not on the gamblers side, he or she will lose more money, and at the end of the day, he may not even reach the profit limit he or she set for him or herself.

Instead of setting a profit limit, set loss limit instead, so that while playing, if you hit your lose limit, you can easily leave gambling for that day and try again the next day.

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Quote from: alastantiger on October 20, 2023, 09:42:33 AM

Quote from: angrybirdy on October 20, 2023, 08:43:14 AM

I suggest to cash out your capital and at least 10% of your profit then keep the remaining amount so it could be used on your next game. do not be greedy, Just set a certain limit on yourself once you win and follow your momentum in playing but once you hit the jackpot prize, You can withdraw it all and then allocate the winning prize to your savings and investment. keep a small portion for your leisure and budget for gambling.

I use this method. I don't do percentages I just see to myself that I would leave this amount of money and use it to gamble some other time while I will draw the remainder. That way even if the one left in the casino wallet doesn't win me more money, I will be at rest knowing that there are no "what ifs".

Yeah, glad that you're doing that kind of method when it comes to gambling, Setting a target profit goal will help you to prevent from getting too greedy and turning your wins into losses. Heading into a casino intoxicated and with no limits on what you are spending might result big losses so you should be extra careful. cashing out takes guts because sometimes you'll make a decent profit or win but the other times, you need to survive to fight another day.

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It's a must to cash out, it's not every day that you can win a big amount and not every day you can win that huge amount, It is one of the rare times that you beat the house if you dilly-dally or delay and continue playing then there's a possibility that you can lose everything you've won, chasing previous losses is something gamblers should be avoided because it's very rare to get back all your past losses in one sitting.

Quote

So, I ask you all, what would you do when you finally make that big win? Would you cash out immediately to enjoy your winnings, or would you keep playing in the hopes of an even more substantial prize? Shocked

Many fail this test because trying to beat the house and extend your winning is just a bad idea that you will regret after you've lost everything, always call it a day if you've won a big amount, there will be more days to recover your losses don't take it on one sitting.

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Quote from: Hatchy on October 17, 2023, 06:13:38 AM

So, I ask you all, what would you do when you finally make that big win? Would you cash out immediately to enjoy your winnings, or would you keep playing in the hopes of an even more substantial prize? Shocked

Questions like this seem to have often been asked and discussed and actually not only when you win but also when you lose it is quite difficult to stop because you want to recover your losses and make another deposit to be able to play again.
Actually, stopping and making a withdrawal after getting a big profit will not prevent you from coming back to play at another time, so actually, it's the same as continuing to play or stopping, when you choose to stop it only protects your money for a while because later you will come back to play because gambling is always interesting for gamblers to do and it is difficult to ignore the attraction, because this is something that gamblers often experience everywhere.

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Quote from: Zanab247 on October 21, 2023, 08:32:08 AM

It hard for me to quit at the moment with such amount of money because, I know within the process of continue playing I can still win what will make me to celebrate myself not to quit with that small amount of money.

Yeah likewise me I don't think I can quit gambling and not because I cannot control myself on gambling but because gambling has done me more good than harm, however one of the things every gamblers should always consider is actually knowing when to stop if the gambling is not favouring you at the moment and we should also no when to cash out our winings.

For me irrespective of how much money I won I will always cash out some of it because waiting for a big win before cashing out some of the money may result to losing the ones you had already won, so I make sure to always cash out some percentage of the amount won and keep the remaining ones on the gambling platform to be used on other gambling.

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Quote from: CryptSafe on October 23, 2023, 09:55:53 AM

Quote from: FanEagle on October 22, 2023, 12:25:11 PM

Depends on how ahead you are. I mean if you enter with 100 dollars and get to 200 dollars, there isn't really a reason to cash out, but lets assume you start with 100 and made it 1000 dollars, then cashing out 500 and then keep playing with the other 500 makes sense.

I would say up to 5x is enough to keep going, anything above that could be cashed out and that's an important distinction on what we are talking about here. I understand that we are not going to end up with anything substantial when gambling and this type of big returns happens rarely so I would end up gambling with whatever I win because it is not a lot. This is why it is not always about one solution thing, you are not going to get that at all in most cases.

It is not possible getting such opportunity always that is why when you get a win as quickly as possible, take your profit or your capital at first out because that should be able to guarantee you of your proceeds from the gamble as you can not tell what the next round could be. That is where many make such a mistake of not keeping a fraction of their win to themselves but are quick to still continue gambling until they lose all their wins that is when they would realise that they have lost everything including their investment as well. As a smart gambler it should be a priority to always withdraw a fraction or your full win at first to safeguard your interest.

Hahaha that true and I agree with you because luck won't come twice if it does it only has small percentage so there no need to say it.
We can call this attitude careless and greedy because they always think they can get more than what they already have.
But thinking like that will only lead gamblers astray or in the sense that they are trapped in really difficult situation because when they have to stop they feel like they have lost more money so they will continue to chase it (winnings).

It is very important for gambler to be able to determine the right time to stop whether he is in bad condition or winning.

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Quote from: FanEagle on October 22, 2023, 12:25:11 PM

Depends on how ahead you are. I mean if you enter with 100 dollars and get to 200 dollars, there isn't really a reason to cash out, but lets assume you start with 100 and made it 1000 dollars, then cashing out 500 and then keep playing with the other 500 makes sense.

I would also do the same thing and it makes sense to withdraw 50% of the winnings, after all no one knows how the next game will turn out whether we will be lucky and win the game again or will experience bad luck and consecutive losses, considering the experience I got while I was playing Usually when we withdraw money and continue playing with the remaining money we will lose, so every time I withdraw money I take a break and don't play on the same day and I play again after a few weeks with a few percent of the winning money I got before.

Don't ever be greedy to face the dealer, let alone hope to win bigger, there is still time tomorrow to play because luck won't come in succession, so take advantage of the moment when you win and withdraw as much money as you can then rest and relax and enjoy the win.

danherbias07

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Quote from: Zanab247 on October 21, 2023, 08:32:08 AM

It hard for me to quit at the moment with such amount of money because, I know within the process of continue playing I can still win what will make me to celebrate myself not to quit with that small amount of money. But if you don't have the experience of gambling, and you have such opportunity to win $70k just cash out your money and wait for another day when you will be in the mood to try your luck, but there is no full assurance that what you won yesterday will still show up for you in another day so play with sense.

I came to discovered that those that cash out and save the money always experience joy in the gambling center because, they don't allow anything to move them again at the moment than to be the one telling other gamblers what to do to achieve the same victory.

That I do agree.
Cash it out, rest for a day, enjoy the profits, be relaxed, and then play again. That way you will have a fresh mindset and that is the key to winning more in gambling. Playing continuously with the profits will just stress you out especially if you are watching all the winnings being cut to 1/10 and then we won't even notice that half of it is gone. We will keep on chasing all those losses until we get rekt which I think is not a wise thing to do.
Start a brand new capital, some amount where you will have limitations again because if all those spoils will just be in our gambling wallet then I bet the urge to place the bet repeatedly will not stop too.
I've been there and maybe that is why I can share these things. I saw my money grow 10 fold and I am a fool to think that I can gain more after that. It will not be easy to play against the house and try to win more. They will just take it back.

Silberman

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Quote from: junder on October 21, 2023, 10:26:02 PM

Quote from: Silberman on October 21, 2023, 01:18:19 AM

Even someone that is not addicted to gambling may fall into this kind of thinking, since after a big win the first thought that people have is to keep gambling, after all if they got lucky once then why quit when this could happen again? So people keep gambling hoping for the best but this rarely happens, and that is when people begin to lament being so greedy, but at the time there is nothing they can do to recover the money they have lost so far.

Yes, it is true that gambling will attract people who have just gambled so that they are addicted, with advertisements posted on the internet, web, videos, photos, and with slogans that will attract them to gamble, unfortunately people are easily attracted by their deceptive advertisements and become addicted continuously. with an initially calm life can become restless and restless when not gambling. In my opinion, gambling addiction is not much different from drug addiction, the addiction they feel is so high that they can commit criminal acts in order to be able to do the addiction they feel.

Although there are many bad examples of the effects of gambling, there are still people who try gambling and over time become very addicted and they become difficult to control themselves, emotions, and can even damage their mindset. I've seen people who have mental disorders and reportedly because they ran out of all the assets they sacrificed for gambling, which is certainly the money and goods they had and sold for gambling capital. So everyone already knows the fatal bad effects of gambling, the point is not much different from drugs.

At their core all addictions are the same, whether a person is chasing a high through the use of an illegal substance or they are doing so through an activity which could create the same chemicals on their brain is irrelevant, an addiction is a self-destructive behavior that can destroy the life of the addicted, however despite how widespread the information about how damaging going through an addiction is, there are still many people that end up in that state, which basically shows that nothing could have been done for them.

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Quote from: FanEagle on October 22, 2023, 12:25:11 PM

Depends on how ahead you are. I mean if you enter with 100 dollars and get to 200 dollars, there isn't really a reason to cash out, but lets assume you start with 100 and made it 1000 dollars, then cashing out 500 and then keep playing with the other 500 makes sense.

I would say up to 5x is enough to keep going, anything above that could be cashed out and that's an important distinction on what we are talking about here. I understand that we are not going to end up with anything substantial when gambling and this type of big returns happens rarely so I would end up gambling with whatever I win because it is not a lot. This is why it is not always about one solution thing, you are not going to get that at all in most cases.

It is not possible getting such opportunity always that is why when you get a win as quickly as possible, take your profit or your capital at first out because that should be able to guarantee you of your proceeds from the gamble as you can not tell what the next round could be. That is where many make such a mistake of not keeping a fraction of their win to themselves but are quick to still continue gambling until they lose all their wins that is when they would realise that they have lost everything including their investment as well. As a smart gambler it should be a priority to always withdraw a fraction or your full win at first to safeguard your interest.

FanEagle

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Depends on how ahead you are. I mean if you enter with 100 dollars and get to 200 dollars, there isn't really a reason to cash out, but lets assume you start with 100 and made it 1000 dollars, then cashing out 500 and then keep playing with the other 500 makes sense.

I would say up to 5x is enough to keep going, anything above that could be cashed out and that's an important distinction on what we are talking about here. I understand that we are not going to end up with anything substantial when gambling and this type of big returns happens rarely so I would end up gambling with whatever I win because it is not a lot. This is why it is not always about one solution thing, you are not going to get that at all in most cases.

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Quote from: Silberman on October 21, 2023, 01:18:19 AM

Quote from: junder on October 20, 2023, 09:20:07 PM

Yes, I agree with that, people who gamble when they get a big win maybe they will continue to play because in situations like this they may still be dissatisfied with the winnings they get and increase the value of the bet with the aim of getting a bigger win.

It is unlikely that they withdraw all the winnings they get, instead I think that people who are addicted to gambling and when they get a big win this is an opportunity for them to get bigger, with a sense of dissatisfaction and the nature of greed that they feel has controlled them so that they cannot control themselves of course still at their own risk, so it all depends on their respective personalities, whether they will be able to control themselves when they get a big win.

Even someone that is not addicted to gambling may fall into this kind of thinking, since after a big win the first thought that people have is to keep gambling, after all if they got lucky once then why quit when this could happen again? So people keep gambling hoping for the best but this rarely happens, and that is when people begin to lament being so greedy, but at the time there is nothing they can do to recover the money they have lost so far.

Yes, it is true that gambling will attract people who have just gambled so that they are addicted, with advertisements posted on the internet, web, videos, photos, and with slogans that will attract them to gamble, unfortunately people are easily attracted by their deceptive advertisements and become addicted continuously. with an initially calm life can become restless and restless when not gambling. In my opinion, gambling addiction is not much different from drug addiction, the addiction they feel is so high that they can commit criminal acts in order to be able to do the addiction they feel.

Although there are many bad examples of the effects of gambling, there are still people who try gambling and over time become very addicted and they become difficult to control themselves, emotions, and can even damage their mindset. I've seen people who have mental disorders and reportedly because they ran out of all the assets they sacrificed for gambling, which is certainly the money and goods they had and sold for gambling capital. So everyone already knows the fatal bad effects of gambling, the point is not much different from drugs.

X-ray

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Quote from: Dunamisx on October 20, 2023, 05:16:23 PM

Quote from: Natsuu on October 20, 2023, 08:09:30 AM

It’s the classic dilemma of the gambling world. Personally, I believe it all boils down to self-control and knowing your limitsw. I prefer to do both like do it in half. I mean it’s preferable to continue playing from my winnings, right? I think theres a thrill in the possibility of even greater winnings after a large win. It's not just about the money, it's about the excitement and the hope for an even more bigger prize. But its still essential to approach this with caution and set clear limits. Responsible gambling means knowing when to walk away and not letting the pursuit of more winnings overshadow the joy of the initial winning. It's a delicate balance between enjoying the moment and being mindful of the risks involved. After all, the key is to have fun while staying with what you can afford to lose.

What is a big deal in making a decision to either continue or cash out, it's not a dilemma stage at all because a gambler will not waste time in thinking on what to do in this kind of situation, if we think we can afford the risk to continue gambling because we already have that greedy enough, we may continue till everything got exhausted, if we are the considerate kind of gambler, we may quit for some other day.

We shall also at least use our mind before try to go all in. We can lose whole of our unrealized profit anytime. The smart gambler will not always try to take the risk that will make they lose their unrealized profit to gambling more once they have got big profits from playing it.
It's kinda different with stupid gamblers who were going all in once they have got big profit from what they played. In fact, gamblers needs also think like a trader to take profit once they got decent profit from their bankroll.
Gambling is kinda different to the gambling caused by we can lose our money instantly in gambling. We shall use our sense to determine the best decision. Just because we have won nice amounts of money and we are always going all in.
You need also to make differentiate between smart and stupid gamblers. We have brain to think about that.

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Quote from: btc_angela on October 21, 2023, 06:49:42 AM

And maybe that's what we gamblers are looking for, that adrenaline rush and that we think that we are in control of what is happening, that luck is one our side and that we will not going to lose but inside going to break the casino and win more. But that is the very wrong mindset for us, everything is based on luck, however, I will admit as well that it's a challenge to control our emotions during big wins, and hard to decide as our decision are clouded and we just want to go on and on because of that high adrenaline effect on us.

Nevertheless, the longer we play the higher the chance that we are going to lose. So it's better to really decide whether to cash out early and not go for for another dice roll or wait for the next numbers to fall in the roulette table.

That is a wrong mindset and will only make things difficult for us. When we have lost, we should stop immediately rather than later emotions will escalate and cause us to become frustrated with more losses. If we can stop gambling, at least we have saved the remaining money so we can use it to gamble another day. However, if we prefer to continue gambling and lose, it will make us even more frustrated because we have experienced more losses. If we cannot accept it, we will become angry, resulting in various problems.

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It hard for me to quit at the moment with such amount of money because, I know within the process of continue playing I can still win what will make me to celebrate myself not to quit with that small amount of money. But if you don't have the experience of gambling, and you have such opportunity to win $70k just cash out your money and wait for another day when you will be in the mood to try your luck, but there is no full assurance that what you won yesterday will still show up for you in another day so play with sense.

I came to discovered that those that cash out and save the money always experience joy in the gambling center because, they don't allow anything to move them again at the moment than to be the one telling other gamblers what to do to achieve the same victory.

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Quote from: Gozie51 on October 21, 2023, 07:37:23 AM

Quote from: mirakal on October 21, 2023, 01:36:19 AM

Quote from: Silberman on October 21, 2023, 01:18:19 AM

~~~ but at the time there is nothing they can do to recover the money they have lost so far.

This is the main reason why most gamblers end up losing more than they can afford. They have this emotional drive that makes them believe they won't allow themselves to lose, so they keep chasing their losses until they are in the profit zone. Unfortunately, they fail to realize that the gambling house always has its edge. This kind of behavior leaves them playing without a clear direction, and they'll never come out ahead in the long run. Gradually, their losses pile up, and they only realize it when they've depleted their bankroll to the point where they can't continue gambling. It's a typical scenario and happens all too often among irresponsible gamblers.

When you are gambling for the sake of vengeance then you won't go any far in getting winning because you have anger on your mind and everything you do will mostly work against you especially because you won't take the right decision but you will be focused to get back the loses you have recorded. If you have a winning that is substantial, it is better to run with it at the moment and try to win more next time than to have that feeling you that you are recovering your loses. Take every game as a new and unique game and opportunity , not looking back to win back loses.

Anything that is based on emotion and greed will always end up worse that even beyond your expectations, like those who come to gambling with the intention of revenge to seek victory which is nothing but to restore the defeat in the previous time, instead of getting the victory as they expected but what happened was well lose again and continue to lose, that's always what happens at the end of the round when they are too ambitious in gambling and bring the wrong mindset. I'm not saying you can't get a win in 10x tries but you will be able to get just one win in 10x tries, is that worth the amount of your 9x losses? obviously not, and that's the fact, the more you try the more defeat will dominate.

That's right, if we've got a win, which you feel is pretty good then it's better to just pull it, don't care about any opportunities that you always think will be better, when in fact it's nothing more than a temptation for you to keep playing and lose everything. Basically, if you don't know when to stop then you're agreeing with the statement "you'll keep losing".

Topic: Cash out or keep playing? - page 22. (Read 3559 times)