Cash out or keep playing? - page 27.

Odusko

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Quote from: klidex on October 17, 2023, 09:50:58 PM

Quote from: Kelward on October 17, 2023, 09:56:07 AM

I think that it comes down to a gambler's decision and discipline, to be able to decide if he wants to cash out after a big win or continue playing. Without these two things the gambler will likely don't have control over his winnings, because he wouldn't even know when to stop, until probably when he realises that he has lost all his money. So it is better for every gambler to have a game plan to decide when to stop or continue.

Personally I'll cash out after a big win because if I take into account of the percentage of people that went on to increase their winnings immediately after a big win and those that lost everything immediately after their big win, the loses accounts for over ninety percent. So with that calculation, I know that the odds are against those that will continue to gambling after a big win. It is better to take a break or just stake the initial capital back.

Yes, it should be like that so that we can enjoy the results of that winnings, because if we continue playing it is not impossible that we will lose that winnings, because sometimes we do it without realizing it and hope that we can get more wins if we continue playing.
Gambling games are just a spin if we don't immediately withdraw the money. The money we previously won will go back to the dealer because we will be tempted to play and play again so we won't be able to enjoy the winnings.
Therefore, as you said, it is true that we should gamble with initial capital so that we can enjoy the results of the money we win.

Not realizing the right time to stop gambling will only lead you into more loses or losing what you have already won, this have happened to me several time before and in each of those time, I always lost my entire balance trying to get hold of my previous winning that I could have walked away with if I do stop playing when I first won that amount in the first place.
So the best thing to do after being lucky to have won your first bets is to take a break and cash out your winnings first before any other thing, and also be able to only play with a little amount when next he does visit the casino to resume playing again, it all ball down to the simple truth which is that, if you gamble too frequent you may lose everything at the end.

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Quote from: rachael9385 on October 18, 2023, 11:16:46 AM

I can testify that your friend is beginning to like gambling because of the big little win that he has gotten from it. I do say that it is not an easy task to quit gambling after winning, but it can be easy to quit gambling when losing.

It's the same, it can also hard to quit when you're losing. Like the mindset of many here, they just can't quit because they wanna retrieve those losses.

Quote from: rachael9385 on October 18, 2023, 11:16:46 AM

It is only those who are too addicted to gambling that will continue gambling even when they are losing.

While it can be true that addicted gamblers will retrieve once they've lost a lot. But it happens to many that they just can't quit because of those losses.

Quote from: rachael9385 on October 18, 2023, 11:16:46 AM

I once quit gambling because I didn't win, but when I joined this forum, I started gambling just to try my luck again and now sometimes I win. Sometimes I lose, so when gambling, sometimes we have to quit when we are not winning.

I think that's because of the influence and environment that you are part. So, you went back and gambled again and then enjoyed.

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Quote from: junder on October 18, 2023, 09:27:31 AM

Quote from: Yatsan on October 17, 2023, 12:21:38 PM

Best thing to do is to take a pause and allot money if you are wanting to play again. If greed will only be the factor to keep you playing then that would be the time where you would be problematic as a gambler. Luck itself won’t take place in a daily basis so better seek for assurance with our winnings. Of course emotions would be there which could give us feelings of “trying and making it bigger”. However, it is given that this is a game of chances; not because you won big time, it would guarantee continuous winning bets. Well in some instances this happens, but to majority it does not. You’d just end up with regrets from not securing your winnings if ever fate flips its way around. Better to have a mindset that you already have it and making it bigger should come the other day.

It's all about self-control when we get a big win whether we're going to share it or even bet with a bigger value because lust or greed has mastered us this kind of incident that I often see from some gamblers they can't control themselves when they win or lose only some gamblers can control themselves when they win, but it all goes back to ourselves how we manage the emotions that are in ourselves.

After all, not every round will give victory even though many get a big win but this is not certain to happen to every gambler who plays, right with what you think the mindset they should have when gambling when they lose they have to think about other things instead of gambling again instead of the big win that will be obtained, when they win they have to think about taking all the winnings instead of playing again by increasing the value of the bet This is what is called greed even though they have won but still feel dissatisfied with what is clearly obtained. So in conclusion I think if they can control themselves when they get a win or loss.

Yes, it would really be that totally depend on certains preference or target on which we do know that each person does have that their own threshold when it comes to winning amount on which
they would really be stopping after hitting it up which most likely that people who do able to win up will really that continuing to play and look and seek for more winning which it is really just that a normal approach for someone to make and this is really that normal and this what makes gambling industry becomes so profitable just because majority of gamblers does have this kind of behavior
on which people would really be that becomes impulsive and greed do really kicks in on which this is something that really happens on this particular moment.

In my case then i cant really be sure if i would really be able to stop yet there are really that moments which emotions and mindset will really be agreeing into each other for you to make
out some further betting even on the time that you do make out some big wins on your gambling activity.

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Quote from: Hatchy on October 17, 2023, 05:13:38 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

The decision I will make at that moment is likely going to depend base on many factors, such as "how huge the fund won" and "how urgent I'm currently in need of fund", because for example, if the amount said to be won is a profit of 10x to 20x, then at such instance, I'm likely to still keep the fund on the casino, simply because the amount not huge, and as such keep using for future gambling. But if the said amount is a profit 100x, 200x and above, then for such huge fund, I don't mind withdrawing it to get myself a chill bottle of juice and Nigerian hell of rice. Because one thing I have been made to understand is that in gambling, it's not easy to win a game, but if you are lucky to do, ensure to make good use of the money while it last.

rachael9385

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I can testify that your friend is beginning to like gambling because of the big little win that he has gotten from it. I do say that it is not an easy task to quit gambling after winning, but it can be easy to quit gambling when losing. It is only those who are too addicted to gambling that will continue gambling even when they are losing.
I once quit gambling because I didn't win, but when I joined this forum, I started gambling just to try my luck again and now sometimes I win. Sometimes I lose, so when gambling, sometimes we have to quit when we are not winning.

NeilLostBitCoin

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Quote from: Hatchy on October 17, 2023, 05:13:38 AM

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

How big is it? x10 of your deposited amount? If that's the case, I would call it a day and cash out immediately without a doubt and enjoy my winnings. It is not advisable to keep playing solely to win, as gambling sites have measures to ensure they make a profit to sustain their operations. These measures could include setting the odds in favor of the casino or imposing certain restrictions on the players. Therefore, it is essential to be aware of these factors and to gamble responsibly, making informed decisions while keeping in mind that the house always has an edge.

jcojci

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If I could get the chance to win a big win, I would immediately cash out the winnings without waiting a long time. Getting a big win is rare for many people so if we can get it, we should be able to withdraw the money and leave that casino. It doesn't take long to enjoy the winnings and take a break from gambling. I don't want to continue gambling because I have already received a big bonus so it's time to rest.

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Quote from: Yatsan on October 17, 2023, 12:21:38 PM

Best thing to do is to take a pause and allot money if you are wanting to play again. If greed will only be the factor to keep you playing then that would be the time where you would be problematic as a gambler. Luck itself won’t take place in a daily basis so better seek for assurance with our winnings. Of course emotions would be there which could give us feelings of “trying and making it bigger”. However, it is given that this is a game of chances; not because you won big time, it would guarantee continuous winning bets. Well in some instances this happens, but to majority it does not. You’d just end up with regrets from not securing your winnings if ever fate flips its way around. Better to have a mindset that you already have it and making it bigger should come the other day.

It's all about self-control when we get a big win whether we're going to share it or even bet with a bigger value because lust or greed has mastered us this kind of incident that I often see from some gamblers they can't control themselves when they win or lose only some gamblers can control themselves when they win, but it all goes back to ourselves how we manage the emotions that are in ourselves.

After all, not every round will give victory even though many get a big win but this is not certain to happen to every gambler who plays, right with what you think the mindset they should have when gambling when they lose they have to think about other things instead of gambling again instead of the big win that will be obtained, when they win they have to think about taking all the winnings instead of playing again by increasing the value of the bet This is what is called greed even though they have won but still feel dissatisfied with what is clearly obtained. So in conclusion I think if they can control themselves when they get a win or loss.

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Quote from: mvdheuvel1983 on October 18, 2023, 09:04:36 AM

Ideally, my answer to this question would be that the gambler should cash out and go home. It seems like the perfectly normal thing to do however for me I would keep playing. Since I have been lucky so far I may have a bigger look so to keep playing would be what would make logical sense for me. I will willingly accept the risk that is involved in keeping playing and be fine with the outcome. Please note that I'll do this for games were I have experience in and I am familiar with. For unfamiliar games where I win at first play, I'll withdraw the winnings and leave.

But what do you say if you have two people both experiencing a good run and one goes home with 10x his initial stake while the other person did not quit and goes home with 100x the initial stake? There is no really good answer to the question whether you should cash out and go home or not. Because it is a game based on luck and since that is the case, nobody in the world will be able to tell you whether luck is on your side for the next two hours or not. I guess one mistake could rather be to exaggerate with increased stakes once you luckily gave a boost to your bankroll. That's how you most certainly go broke quicker than you became rich during a session. But it is a very common mistakes to raise the stakes unreasonably after winning big.

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Quote from: Hatchy on October 17, 2023, 05:13:38 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

Gambling is based on the luck,but some people try to use the same as the earning platform.The cash out after the big win will be the better option,because the gambler never accept the loss in the game after the win.So they start to bet again and again to recover the loss in the gambling after the big win.Because he had taste the victory,he will get enough confidence to play many game after the big victory.Actually it’s hard top quit the game after the big win,only the experienced gambler had a capacity to manage to pause the game after the big win.So the new gambler should learn this from the experienced gamblers.

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Quote from: sokani on October 18, 2023, 08:56:53 AM

Quote from: Hatchy on October 17, 2023, 05:13:38 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

I don't leave my winning in the casino or gambling platform and I don't get carried away by increasing my wager. Whenever I win, I always withdraw most of my funds out of the casino, leaving a smaller budget that I used for gambling. I don't allow the winning to drive me crazy into playing more often or without caution, thereby incurring more losses and losing my funds. Nothing changes, I stake the same wager amount and maintain the same gambling budget. With this disciplinary measures, I don't give back the casino the money I won and I do put most of it into good use.

Good discipline as it's very important that you know how you should react each time you manage to make a good win, better to stop
or transfer your balance to avoid being tempted to keep playing back.

Most of the time, that temptation will push you to play more and the outcome will be not favoring you and instead having some decent money to
win you will end up losing everything, including the amount that you deposit and you left your self empty handed.

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Quote from: mvdheuvel1983 on October 18, 2023, 09:04:36 AM

Ideally, my answer to this question would be that the gambler should cash out and go home. It seems like the perfectly normal thing to do however for me I would keep playing. Since I have been lucky so far I may have a bigger look so to keep playing would be what would make logical sense for me. I will willingly accept the risk that is involved in keeping playing and be fine with the outcome. Please note that I'll do this for games were I have experience in and I am familiar with. For unfamiliar games where I win at first play, I'll withdraw the winnings and leave.

I will say in my own point of view that not all winnings deserves a direct cash out, if we are winning a large amount of money, then we can decide to make a cash out and keave only little portion there for other time sake for gambling, but when the amount we are withdrawing is too small to mark any difference, then to me it may not be that better in making withdrawal than leaving the sum to add up to your gambling deposit and you move on.

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Quote from: Hatchy on October 17, 2023, 05:13:38 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 would be obviously cashing it out once i have been in a good position by winning a lot of money. I consider if i may not be lucky enough to get what i want in the last match.
This is always relating to the multi bet. Sometimes once i have been earning a lot and i was cashing it out. It's caused by i don't know how lucky im in upcoming match. Taking profit is the most important thing this time. Im betting if there are also many people doing it as well.

Quote from: Hatchy on October 17, 2023, 05:13:38 AM

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

Im still using my mind to think which was the best choice for me. I would prefer to cash it out. We can get another win again. No guarantees if we will be winning the game. People shall not be greedy enough to win something is still unpredictable. Enjoying small victories are better than lose money.

mvdheuvel1983

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Ideally, my answer to this question would be that the gambler should cash out and go home. It seems like the perfectly normal thing to do however for me I would keep playing. Since I have been lucky so far I may have a bigger look so to keep playing would be what would make logical sense for me. I will willingly accept the risk that is involved in keeping playing and be fine with the outcome. Please note that I'll do this for games were I have experience in and I am familiar with. For unfamiliar games where I win at first play, I'll withdraw the winnings and leave.

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Quote from: Hatchy on October 17, 2023, 05:13:38 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

I don't leave my winning in the casino or gambling platform and I don't get carried away by increasing my wager. Whenever I win, I always withdraw most of my funds out of the casino, leaving a smaller budget that I used for gambling. I don't allow the winning to drive me crazy into playing more often or without caution, thereby incurring more losses and losing my funds. Nothing changes, I stake the same wager amount and maintain the same gambling budget. With this disciplinary measures, I don't give back the casino the money I won and I do put most of it into good use.

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Quote from: masulum on October 18, 2023, 06:03:05 AM

Quote from: noormcs5 on October 18, 2023, 05:44:34 AM

Even winning a small amount and withdrawing it and eating a pizza from that little money is far better than not winning at all or losing, so better enjoy what we win.

When I started playing slots, I implemented this, and it was much better. I remember when I only won $10, I withdrew the winnings, along with the initial balance. and the rest I play. If I lose, I stop and don't make a re-deposit. Unfortunately, addiction and the desire to win made me no longer apply this. It's true, wanting to win too much will broke our gambling portfolio. enjoying any win is much better than waiting for the bigger winning, even with more balance and bet its not guaranty we can win more.

Of course it's better to be grateful for what we've got, responsible and non-obsessed gamblers always do it that way, just like your experience is exactly the same. Whatever the amount of their winnings, even if it's only 50% of the amount of capital they brought, they will still withdraw it and then withdraw it to enjoy. That is really much better than you continue to look for bigger wins, basically someone's greed will never end and even though you have gotten a big enough win I'm sure in that condition you will again assume and think about continuing to play to get a much bigger win than before. Greed will never end and usually always ends up with something worse.

Coming in with the intention to have fun and make withdrawals if we are lucky with getting lucky regardless of the amount is better. I say it's not a real win if you can't enjoy the winnings. Yes it seems that you are too serious and too carried away my friend, it is like that if you are too serious then without realizing it you are very likely to fall into the trap of addiction. Right, so the point is whatever the amount of your winnings you better enjoy it, it's better to prevent than treat because it's just a matter of luck.

tjtonmoy

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It's all about managing what you win in a gamble. For instance, I have a budget that I will use to gamble. That budget should let me go through days or weeks of gambling without losing it all. Based on win or lose the strategy will change and the numbers of bets and betting amount could change.
So if I win, I will try to keep that winning money aside from my actual budget. Then I will use the remaining what I initially planned for the budget. That way I can keep the winning and also stay true to the strategy. This may sound complicated but it is quite easy. Whenever you win, calculate the winning and put it aside. I know you should not treat gambling as income but for this you need to treat it that way. Imagine that as your income and put it aside as profit and continue investing (gambling) with what you have planned for.

stadus

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Cash out when you hit your target, continue playing when you haven't.

That's the fundamental principle to abide by. Before you begin gambling, it's essential to set a specific winning target because without one, you'll be playing aimlessly. Your emotions might deceive you into continuing even after you've accumulated a substantial amount. Eventually, frustration may set in when you face losses.

Sometimes, during a winning streak, consider it your lucky day and recognize when it's time to cash out. Even lucky gamblers can run out of luck, especially if they prolong their play. Remember, there's always another day to come back and try your luck again. Enjoy your winnings and return tomorrow.

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Quote from: traderethereum on October 18, 2023, 03:19:09 AM

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Quote from: Tuturtinular on October 17, 2023, 05:13:51 PM

Yes, that is a good choice, but sometimes gamblers will become emotional because their winnings are lost and all that is left is capital money, the remaining money is not cashed out but continues to play until finally the capital money runs out.

It is indeed very difficult to control our emotions after we get a big win, even if we miss out on not withdrawing the capital we have first and what is even more painful is when we lose again and we have to take out other money to gamble and this will continue as long as we still have money to play. gambling and only realizing it after all the money we have is used up for gambling.

That's why you have to learn self-control to help you not exceed the limits you set, especially since many people tend to exceed their limits when they win.
This happens to many people so we have to be alert and try not to let it happen to us so that we can gamble and enjoy gambling as entertainment.
And if we have won, we should withdraw our capital and leave some money that we can use to gamble at another time when we don't need to deposit any more money.
And don't continue gambling if you have experienced consecutive losses because it can make you want to recover your winnings, which will be difficult to obtain.

If no proper self control done with those people who already win and have opportunity to quit then they would provably lose their money then get shock on the turn of events. Its simple decision that need to be done but some other people fail because they are expecting to much on their luck that's why they fail on some circumstances.

To many people post some good reasons why he should cashout so he or other people should learn from the different opinion they can read since those statements came from many people are valid because for sure they experience the worst for deciding to bet more so we should not act the same with them so we need to listen to their advices since it will result good to us if we listen and learn how to discipline ourselves regarding to our activities done on a casino.

That's the point if we have good self-control so that when we win, we can stop on time and won't continue gambling because we know it might be in vain for us even though there are people who can win but we'd better avoid it.
Most people will be emotionally triggered to continue gambling even though they have already won because they see how easily other people can win the next big win. And if they could know and understand that it depends on each person's luck, they would not continue gambling but immediately stop and withdraw their winnings.
A person who can learn from other people's experiences can do the right thing for himself. In this case, when he wins, he can withdraw his money. However, we must learn to discipline ourselves and not chase the next victory, which will not be easy to obtain.

Would be more crazy to think about continuing up since we all know that lucky session might end up instantly. So before experiencing some stressful big lose coming from wrong decision we can make with those huge winnings better to think what's more best since if we lost all our gained money from gambling for sure this incident might don't come again.

So as majority said it here quit when there's opportunity to cashout and for sure you will be happy with that decision since instead you are their hurting yourself for the stress you get when losing you are now there enjoying the fruit of good decision you take and enjoying the huge amount taken out from a casino.

masulum

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hmph..

Quote from: noormcs5 on October 18, 2023, 05:44:34 AM

Even winning a small amount and withdrawing it and eating a pizza from that little money is far better than not winning at all or losing, so better enjoy what we win.

When I started playing slots, I implemented this, and it was much better. I remember when I only won $10, I withdrew the winnings, along with the initial balance. and the rest I play. If I lose, I stop and don't make a re-deposit. Unfortunately, addiction and the desire to win made me no longer apply this. It's true, wanting to win too much will broke our gambling portfolio. enjoying any win is much better than waiting for the bigger winning, even with more balance and bet its not guaranty we can win more.

Topic: Cash out or keep playing? - page 27. (Read 3848 times)