How do you know when to stop? - page 99.

talkbitcoin

legendary

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All I know is that I know nothing.

Quote from: Frost on June 11, 2016, 06:26:44 AM

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

it is easy, just stop while you are ahead. i mean whenever you win and you make a profit, it doesn't matter how much profit it is as long as you are inside the profit zone you should quit or at least withdraw the profit amount and continue betting with the remaining funds you have.

marioantonini

legendary

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i have daily limit (but more time i bet a little bit more) , specially in sportbet, when i lose i bet double amount, but later 2-3 consecutive lose, stop for the day, when i win, withdraw my deposit and bet the money win

safari88

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if I'm in a win sometimes difficult to control myself and when I had to stop. but if I play with a target, I know when to stop.

zengryT

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How do I know when to stop? I will never re-deposit so if I say I will play with 0.25btc then that is all that will be going on to any gambling site. Discipline is all that is needed to know when to stop depositing.

Now talking about turning that 0.25btc into 0.5btc, I would withdraw half the funds the moment I made 100% of my investment/entertaining funds. Then you are freerolling and that in my experience is when it is exciting as win or lose you are up the entertainment value.

LLec

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Quote from: pocarime32 on June 11, 2016, 07:34:16 AM

Quote from: Frost on June 11, 2016, 06:26:44 AM

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

Yes, i have a daily limit or a target for each day. It's around 10-20% profit for each day and when i reached it, i will stop and continue gamble tomorrow.

how many bet you place daily!? stake limit?! odds& sport preferred?

pocarime32

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Quote from: Frost on June 11, 2016, 06:26:44 AM

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

Yes, i have a daily limit or a target for each day. It's around 10-20% profit for each day and when i reached it, i will stop and continue gamble tomorrow.

LLec

hero member

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Quote from: Frost on June 11, 2016, 06:26:44 AM

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

When I am start to feeling unlucky (I have lost 30% of my balance example) I decide to stop.
another tactic is understand what is the limit between a reasonable bet, and a bet placed just for "win the loss money".

Bitinity

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SOL.BIOKRIPT.COM

I have set my goal befor start gambling, so I will stop when I reach the goal. But of course I have a limit on how much to lose if I cant reach the goal. Usually, my goal is only 2-3x my initial bankroll and limit 0.5x initial bankroll.
E.g Deposit 0.01 so I will stop if my balance = or over 0.02 and I will stop when my balance down to 0.005

BitcoinHodler

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HODLing is an art, not just a word...

Quote from: Frost on June 11, 2016, 06:26:44 AM

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

you should stop when you are ahead.
for example when you have won some good amount and when you are in profit you should quit because if you keep continuing then you will end up losing all you have earned so far.

also it is a good idea to set a limited amount for yourself and stick to that amount and never get over it. for example there are some people who will deposit more if they lose what they have deposited first.

janggernaut

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Quote from: Frost on June 11, 2016, 06:26:44 AM

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

When i already reach my daily goal. Yup, my daily goal/target is 0.01 btc, so when im already reach that, i'll stop and called it a day Grin

bitcoinprofit

hero member

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Always have a set amount you are willing to lose.
Once you go beyond that it's time to leave the gambling alone!

hermanhs09

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Quote from: Frost on June 11, 2016, 06:26:44 AM

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

I actually don't have a limit or anything to keep me from gambling more, which is definitely a very big problem in my opinion. Having a limit means that I won't be a retard when I gamble.

I usually stop though when my deposit can be withdrawn. I usually play with zero confirmation dice sites, which means that it'll take 2 confs till I can withdraw.

ralle14

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Shuffle.com

Quote from: Frost on June 11, 2016, 06:26:44 AM

When do you stop?

I stop my gambling session when i manage to quadruple the amount that i have deposited on a site and take a break for a day or two.

Quote from: Frost on June 11, 2016, 06:26:44 AM

Do you have a daily limit or something?

I have no daily limits but i control myself in betting no more than dust amounts.

Wendigo

legendary

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Hey mate this is actually a very tricky question you have there Cheesy

Personally I don't have a daily limit or something because I play just for fun and I am not chasing any losses. Also I don't have a fixed amount of profit I 'need' to achieve so I can stop at any time when I am not having fun any more simple as that. Fun is a subjective thing though and not having fun anymore might mean that I am loosing too much for the day or there simply aren't any interesting events to bet on so I just stop. But I know there are a lot of addicted gamblers who can't stop despite losing a lot of money because they think their bad luck will turn around but in reality this is not always possible.

Frost

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

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