How do you know when to stop? - page 15.

jamyr

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Quote from: cjmoles on October 28, 2017, 02:53:41 PM

Quote from: Frost on June 11, 2016, 05:26:44 AM

When do you stop? Do you have a daily limit or something?

First of all you have to formulate a bankroll management plan that includes the risk exposure of the proposition, variation tolerances, bankroll budget, and perceived collateral expenses. From that information you allocate a percentage of your total bankroll to the daily bankroll to fund your venture for that specific session ---> you quit when you either relinquished your daily budget, or increased your daily budget by the percentages calculated above. Rinse and repeat (for (rinse =0, rinse<1, rinse++))

This is just a pretty well informed way of bankroll management strategy. Just like what iznortboze said in one of his blogs regarding tips on how not to bust in the long run.

upsidedown75

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Quote from: rhamzter on October 28, 2017, 05:04:41 AM

Quote from: siti25 on October 27, 2017, 10:42:39 PM

Quote from: Diablesfunis on October 27, 2017, 11:02:24 AM

Quote from: Frost on June 11, 2016, 05:26:44 AM

When do you stop? Do you have a daily limit or something?

I stop whenever my deposit already zero or when i'm too tired to play. If people used to use bankroll management and some kind of limit upon themselves, they will know how to stop and never cross the line.

Limiting yourself is the thing to do in order to know when we should stop. Limit your spending and overcome the amount of play. But all those boundaries will be useless if we break it or surpass it. Going beyond limits is what happens because of a lack of good self-control. Therefore we must first be able to control ourselves.

Decreasing amount using in gambling is the best thing we can do, because I know that if we set boundaries in playing games is not probably happen. Especially when they always bring our all money in gambling also if all our money was on the gambling sites. Because it's hard for us to fight our temptation especially in gambling.

In my opinion, decreasing amount and setting limits are one or the same thing. It is best to not even play this game. It is a total wastage of time and money according to me and many real people. Gambling sites are always looking for a chance to get our money. Humans are always attracted towards the bad activities easily as far as they can afford all that fun. Once lost their wealth, either they will learn big lessons of life or die.

JL421

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Quote from: crwth on October 20, 2017, 08:06:49 PM

Quote from: JL421 on October 20, 2017, 07:28:37 PM

Quote from: Ankhesenamun on October 12, 2017, 02:49:03 AM

I never had any problems in order to stop in time for gambling. For myself, I have chosen a certain limit, which I can spend in games, I do not spend more than this limit.

Everyone sets limit before gambling , it is really important also because if don't have limit you will over gamble and lose your profits but the problem with many gamblers is they don't follow the limit they set , most get profit and get greedy and continue to gamble if after reaching there limit

That's what everyone should do knowing that there is a big risk with gambling, they should know better. Sometimes if you have feelings that you are positive, there is no one stopping you doing what you want but the goal is always to profit. That blocks your mind that you think you can do it and continue getting out money thinking that you could win it all back.

and also gambling doesn't always work the brain always thinks thw positive side like if i win i win such amount but theu forget that they are adding if to their sentence the another part of the if is if i lose i lose everything that if you keep in consideration you can quit gambling

cjmoles

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Quote from: Frost on June 11, 2016, 05:26:44 AM

When do you stop? Do you have a daily limit or something?

First of all you have to formulate a bankroll management plan that includes the risk exposure of the proposition, variation tolerances, bankroll budget, and perceived collateral expenses. From that information you allocate a percentage of your total bankroll to the daily bankroll to fund your venture for that specific session ---> you quit when you either relinquished your daily budget, or increased your daily budget by the percentages calculated above. Rinse and repeat (for (rinse =0, rinse<1, rinse++))

GoodLuck2

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Quote from: 0Pirats0 on October 28, 2017, 03:05:31 AM

It seems to me that not every player can stop. For me there is a certain amount of money in gambling that I can lose. Never lost more than this amount.

That is only for you I think. And I am happy it that comes in your mind, you better know when to stop when once indulged in this harm game. But there are so many people who don’t know how to do, when to do, what to do, where to do. They only know they are foxing to casino for gambling and they will come back with their amounts doubled. But they end up being loser.

Oilacris

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Quote from: Qartersa on October 28, 2017, 09:35:11 AM

Quote from: imteaz on October 28, 2017, 07:48:26 AM

When you are getting mad, stressed and feeling weird by losing money at gambling, you should stop. you should limit your credit card, you can self exclude yourself for 6 months, find another hobby, play video games etc

Yeah, on this stage, too, you will feel withdrawal symptoms from Bitcoin addiction. But hey, rise up! It is you who can control YOU. Be in control of your surroundings, your money, your life.. And not the other way around. You will know when to stop when you yourself DECIDES to stop. You are the final arbiter of where you are heading. Thus, nobody and no circumstance can ever tell you when to stop.

This is actually right you are the only one who can able to control yourself whether you do like to stop or proceed.Ones mind would do fixed decisions will surely able to control on what he was doing but i would say not all people do have strong minds and control to their self which they do eventually failed up on stopping.Those people or things surround him is really a great factor on such decisions to be made.

nethan1btc

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Quote from: Qartersa on October 28, 2017, 09:35:11 AM

Quote from: imteaz on October 28, 2017, 07:48:26 AM

When you are getting mad, stressed and feeling weird by losing money at gambling, you should stop. you should limit your credit card, you can self exclude yourself for 6 months, find another hobby, play video games etc

Yeah, on this stage, too, you will feel withdrawal symptoms from Bitcoin addiction. But hey, rise up! It is you who can control YOU. Be in control of your surroundings, your money, your life.. And not the other way around. You will know when to stop when you yourself DECIDES to stop. You are the final arbiter of where you are heading. Thus, nobody and no circumstance can ever tell you when to stop.

Self control is the best attitude that would help you out in your gambling addiction. I guess if you are truly fan of playing it then you should really know how to limit yourself and setting up your certain amount of money to play on a particular day. If you already win in that game then much better to hold and wait for another day to play again to avoid regret in losses. Because we might know in an intance all your effort in winning will suddenly vanished.

Gotottack

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True. But you know, you have to be wary of your money and how you make use of it considering that Bitcoins' value is really high nowadays. If at first you notice you are not spending the way you once viewed it to be, then better assess yourself. This has a firm foundation because not all who make good money are able to come out with a good amount of money in tact. Almost everyone earns, but not everyone earns good. Some earn good money, but not all of them are able to spend wisely.

So best thing to do is to assess, then re-assess yourself.

Qartersa

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Quote from: imteaz on October 28, 2017, 07:48:26 AM

When you are getting mad, stressed and feeling weird by losing money at gambling, you should stop. you should limit your credit card, you can self exclude yourself for 6 months, find another hobby, play video games etc

Yeah, on this stage, too, you will feel withdrawal symptoms from Bitcoin addiction. But hey, rise up! It is you who can control YOU. Be in control of your surroundings, your money, your life.. And not the other way around. You will know when to stop when you yourself DECIDES to stop. You are the final arbiter of where you are heading. Thus, nobody and no circumstance can ever tell you when to stop.

imteaz

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When you are getting mad, stressed and feeling weird by losing money at gambling, you should stop. you should limit your credit card, you can self exclude yourself for 6 months, find another hobby, play video games etc

Johnzky

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Quote from: Frost on June 11, 2016, 05:26:44 AM

When do you stop? Do you have a daily limit or something?

yeah i have a limit everytime i want to gamble,i assure my self that if that amount loss ill stop..and when i win certain amount.i willa too to.thats why i dont become addicted.coz before i get into it.limitation is on my mind

bhadz

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Quote from: 0Pirats0 on October 28, 2017, 03:05:31 AM

It seems to me that not every player can stop. For me there is a certain amount of money in gambling that I can lose. Never lost more than this amount.

Your though tells you right, every gambler can't stop immediately and it's not really an easy thing for all the gamblers to stop whenever they want. There are gamblers that can stop whenever they want because they use to be a professional gambler. And to differentiate an addicted gambler to a professional one, they are far from each other. If you are one of those gamblers that are addicted and you want to stop, invest your money into trading and start to divert your time there.

marlboroza

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Quote from: hurain on October 28, 2017, 06:05:25 AM

Specially for those people who do not have any experience in gambling. i think they should start from a small amount.

No, they should start with amount which they can afford to lose Roll Eyes

Quote from: hurain on October 28, 2017, 06:05:25 AM

First we need to get experience and then we can play with big amount.

Wrong again, when you get this mythical item called "gambling experience" your bets should remain the same, if you can afford to lose 10$ today, in a year from now you will probably still be able to afford to lose 10$. Wink

hurain

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Quote from: rhamzter on October 28, 2017, 05:04:41 AM

Quote from: siti25 on October 27, 2017, 10:42:39 PM

Quote from: Diablesfunis on October 27, 2017, 11:02:24 AM

Quote from: Frost on June 11, 2016, 05:26:44 AM

When do you stop? Do you have a daily limit or something?

I stop whenever my deposit already zero or when i'm too tired to play. If people used to use bankroll management and some kind of limit upon themselves, they will know how to stop and never cross the line.

Limiting yourself is the thing to do in order to know when we should stop. Limit your spending and overcome the amount of play. But all those boundaries will be useless if we break it or surpass it. Going beyond limits is what happens because of a lack of good self-control. Therefore we must first be able to control ourselves.

Decreasing amount using in gambling is the best thing we can do, because I know that if we set boundaries in playing games is not probably happen. Especially when they always bring our all money in gambling also if all our money was on the gambling sites. Because it's hard for us to fight our temptation especially in gambling.

Specially for those people who do not have any experience in gambling. i think they should start from a small amount. First we need to get experience and then we can play with big amount. but still in some gambling game we totally depending on our luck therefore you can only depend there on your luck. While in some gambling games like sports betting we can use our experience and skill.

rhamzter

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Quote from: siti25 on October 27, 2017, 10:42:39 PM

Quote from: Diablesfunis on October 27, 2017, 11:02:24 AM

Quote from: Frost on June 11, 2016, 05:26:44 AM

When do you stop? Do you have a daily limit or something?

I stop whenever my deposit already zero or when i'm too tired to play. If people used to use bankroll management and some kind of limit upon themselves, they will know how to stop and never cross the line.

Limiting yourself is the thing to do in order to know when we should stop. Limit your spending and overcome the amount of play. But all those boundaries will be useless if we break it or surpass it. Going beyond limits is what happens because of a lack of good self-control. Therefore we must first be able to control ourselves.

Decreasing amount using in gambling is the best thing we can do, because I know that if we set boundaries in playing games is not probably happen. Especially when they always bring our all money in gambling also if all our money was on the gambling sites. Because it's hard for us to fight our temptation especially in gambling.

0Pirats0

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It seems to me that not every player can stop. For me there is a certain amount of money in gambling that I can lose. Never lost more than this amount.

jamyr

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Quote from: siti25 on October 27, 2017, 10:42:39 PM

Quote from: Diablesfunis on October 27, 2017, 11:02:24 AM

Quote from: Frost on June 11, 2016, 05:26:44 AM

When do you stop? Do you have a daily limit or something?

I stop whenever my deposit already zero or when i'm too tired to play. If people used to use bankroll management and some kind of limit upon themselves, they will know how to stop and never cross the line.

Limiting yourself is the thing to do in order to know when we should stop. Limit your spending and overcome the amount of play. But all those boundaries will be useless if we break it or surpass it. Going beyond limits is what happens because of a lack of good self-control. Therefore we must first be able to control ourselves.

Just like anything else, whatever that is excessive or too much, is something that is not right.

It goes right with our greed and our self satisfaction.

siti25

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Quote from: Diablesfunis on October 27, 2017, 11:02:24 AM

Quote from: Frost on June 11, 2016, 05:26:44 AM

When do you stop? Do you have a daily limit or something?

I stop whenever my deposit already zero or when i'm too tired to play. If people used to use bankroll management and some kind of limit upon themselves, they will know how to stop and never cross the line.

Limiting yourself is the thing to do in order to know when we should stop. Limit your spending and overcome the amount of play. But all those boundaries will be useless if we break it or surpass it. Going beyond limits is what happens because of a lack of good self-control. Therefore we must first be able to control ourselves.

jamyr

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Quote from: eann014 on October 27, 2017, 10:03:18 AM

Quote from: Wa(t)ch_night() on October 01, 2017, 10:39:23 AM

I set limits for myself so as not to lose all the money and enjoy the game without worrying about losing money for me. This is the best solution to save money and play.

Limiting ourselves is the best we can do when it comes in gambling especially if we don't have a good control with our bankroll. Limiting ourselves is one of the main reasons why some other gamblers don't get addicted in gambling.

You would know when to stop if you set yourself limits.

But without it, you would not have an idea if you should stop or not unless the exhaustion get the better of you.

FLoving

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Quote from: Bellator on October 27, 2017, 04:49:10 AM

Quote from: FasTroy on October 22, 2017, 03:20:26 PM

Quote from: Ivan16 on October 22, 2017, 11:51:56 AM

You never stop,you play while you have money it is addictive as a drug when you have you use,when not you try to find her,in gambling when you lose money you find way to find money when you lose everything you will stop.

Yes you talk about addictive gamblers, But smart gamblers know exactly when they should stop gambling and when they start to gamble and in what they gamble. Personally, I do gambling for just fun but i know exactly when i should stop doing that, I always make some limits before i start gambling, It make me safe from losing a lot of money.

I strongly agree mate you said it very well,. gamblers who did not know when to stop is not healthy act anymore its already an addiction
and even if someone said that they gamble not only for fun but for profit as will then they should put a limit before betting of how much
they can afford to lost, because the possibilities of not putting a limit is when a time of misfortune bet then you will always keep on betting just to win back the lost amount of you so the tendency is you will get back home with an empty wallet., that is why the most important in gambling is setting up a limit and stop if you are within your limit.

There is no doubt in the fact that gambling is highly addictive and if the person is unable to differentiate between his losses and profits in gambling, it is clear sign of his being gambling addict. It is really hard for such people to get out of gambling permanently, they need proper counselling and medication for letting them live a normal life. We should keep an eye on our children to stop them for getting involved in such activities.

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