Topic: How do you manage your money on gambling sites. - page 3. (Read 966 times)

Exactly, and they also know that keeping the huge sum on the casino would awaken more urge in them to gamble more and try more luck if they can win big again. A lot of gamblers don't just keep money at the casino because they know it will make them gamble more than usual. To some gamblers, they might feel that the moment they are not gambling is when their luck is supposed to happen and they would want to gamble; having money at the casino will just be an access to what they want.


If it's for those channels that ask you to subscribe so they can give you sure games to bet on, that's most of the strategy they use to entice visitors, because they know that if a gambler sees that heavy balance, they will be convinced to believe it's real.

I also agree with what you say, because the truth is when we leave money in a casino or in an exchange or something like that, it's not our money, it's the casino's money. It is excahnge money, many things can happen, you can be unlucky that everything is fine and suddenly there is a hack and the funds are lost, there are places like casinos that when that happens to them they do not compromise the players' funds , and if the casinos rob them, what they do is put their money there for them, because they know that they are their clients and that they should always be fine, now, a very common case that happened something like this was in stake.ocm where they discovered a large amount of money, and those things at that time because they suspended for 1 hour or 2, they reviewed everything, and then they restored the casino services normally as if nothing had happened, and the players' funds were not affected.

Things like this also happened in an exhcnge, a very old one where they built or closed and people were left without their money, so from that moment it was understood that we have to have our money in our power, there is no other way, it that is in our hands with our own private keys we can say that it is our money is ours.

There are many people who think that having the money on a platform is safe, and they can give the assurance that it is, and that they have great security in its custody, perhaps that is so but basically things are as they are, as it is in In reality, it is not our money, it is in that platform, be it a casino, be it an exchange, things will always be and work like this, you can imagine that one has some money, bathing and suddenly being told that the exchange, or casino, has gone bankrupt, Or does nothing always work again? That's enough to make you desperate, and that has happened on many occasions. There is nothing better than if you have money in a casino, then you withdraw and every time you go to play or make a deposit.

When it comes to social media, don't believe everything you see there..we have people are are paid to do that or rather play with funds from the gambling platform to try create that people of saying high rollers are welcome.

Besides, people who play with real funds that they have worked for themselves usually hide such balances to avoid critics of all walks.

Like you have pointed out,only leave funds on a gambling platform that you will be playing with in the shortrun and not using these platforms as a wallet which is risk especially knowing that these guys usually don't take the blame!

Yes, that's correct. Some gamblers can control themselves when they gamble so that they will not experience a lot of losses because they have anticipated it before losing a lot. They will always maintain their limits and not violate them because they know how to reduce large losses to have a balance in their gambling account. They can also withdraw their winnings because they can win an amount of money that will reach the minimum limit to withdraw.

However, we must be able to try to control ourselves rather than losing a lot of money in gambling. We also don't want to see all our deposit money run out immediately that day. And it's better not to leave too much money on the casino site, especially if we only come back a few weeks later because we don't know what will happen later.

Maybe I'm a bad example because I barely put a couple dollars into a bet every week or two and end up making more than that from playing free games on the sites. I'm not actually sure why they continue to let my account play the free games. This means that I tend to keep small, sub $30 amounts in the account and prevents me from wasting away too much money on frivolous games. When I play the lottery I also tend to limit my account to about $10 max spend per week, which prevents overspending or wasting it on side games that do not achieve the same effect. Any time I manage to win big, it's a case of withdrawing all the excess funds and this has allowed me to take money from a few sites.

Exposing the balance of their gambling account through a screenshot is another strategy use by those users of gambling telegram channels to attract more newcomers to their group.

To them it's an evidence to show that their predictions are working and they are making profits through the winnings from their predictions but many of those screenshots they showcase are fake they are doctored to make it look like their bets are completely sure but every wise gambler is supposed to understand that no prediction is 100% sure, it's all about luck.

As a genuine gambler I can't leave my winnings in my gambling account, each winning is meant to be withdrawn leaving specific amount to be use for another bet trial anyone leaving his whole winnings in  account and making a screenshot to bring to public is either being stupid or trying to defraud an unsuspecting gambler that may be lured by that screenshot.

We can make deposit of any amount into our casino wallet as long as it not beyond the limit set for a maximum deposit on the gambling platforms ToS, if we are considering someone like Drake, we cannot assume his own conditions to be thesame with ours as applicable because he's an influential celebrity, not only that, he has the money and such could not cost him anything, people like him can make a deposit of a very huge amount of money and yet gamble and do same continuously over time because he can afford to do so, unlike the regular gamblers.

I think there are truly people or gambler who have a control of their selves that even they leave their balances on their gambling accounts, they won't still touch it until it is the right time for them to play gambling again. Sadly I'm not one of it and even though I withdraw my balance in the casino, I can still be able to deposit them back.

Even though if we are like the ones that I said earlier who can control their selves, there is still a risk on leaving money in a centralized platform and that is they can confiscate your money anytime they like even though it seems you don't do something inappropriate. Lastly they can get hacked and we can lose all of our funds.

A gambler will probably rarely show their casino wallet balance and if they could, they wouldn't show it in public or on social media just to show off. But maybe some influencers do it just to show off so that many people or their followers will be amazed to see it. But saving large amounts of money in a gambling account balance is unnecessary because we have to be careful with our money and even though the money is intended for gambling, it is still not worth doing. It's better to immediately withdraw the money and only deposit the money we can afford to gamble. And even if we can deposit large amounts of money into a gambling account, that means that it is money that we can afford to use for gambling so that if something happens, we will not regret it.

Yeah, it could be that having such a huge amount in their balance is just to gamble with it; I don't doubt it, but the question is: how often does Drake show his casino wallet balance for the public to see how much he's got in there? Those channels that show those huge balances can still show their winning tickets and how much they have won without having to display their wallet balance. As a matter of fact, they can even cover the balance with ink, but they chose to show it off as evidence to convince people to believe them, while they only scam people.

We need to be more skeptical about what we see online as many people are too naive for their own good, however with technologies like photoshop which has been around for a long time and deepfakes which are relatively new then almost anything can be faked online, as such people need to be way more critical and try to use their common sense to try to tell if what they are seeing makes sense or not, and it is obvious that someone sharing a huge balance in a casino is either a whale or is lying, with the latter option being way more likely as whales are relatively scarce.

Agreed, they especially some content creators or influencers who play always display their huge balances, honestly this is a big question mark for some people, and do you believe that it's a real balance? if you believe then maybe you are one of the people who just came to this gambling, I say it's just a promotional group that they use to lure many new members, and they like to say that the spin there is very good, but in reality it's just bullshit. Do not believe easily and it is true as you say that what is there is just nonsense, not real because their goal is only to invite more people to follow what they do, if you are a beginner then surely maybe you will believe and you will get the real facts when you try to play there, it is clear that defeat will continue to dominate you friend.


You have chosen the right action buddy by immediately withdrawing when you get a big win there, most gamblers come to get a win and if they have got it then there is nothing else they need to wait for but to withdraw and enjoy the money. Do not be greedy, because if you continue to play with the intention of getting bigger then it cannot be denied that in the end your entire balance will run out again, that's what always happens. If you really want to keep playing then well I agree with the steps you take, put or leave a little of your budget in the gambling wallet and also withdraw some of the money for you to enjoy, that would be better my friend. So even if in the end you lose too you remain calm because you have made a withdrawal before.

Social media is an unreal place where people lie about just about anything. And it is easy for them to get away with it because it cannot be verified. In sports gambling where naive and greedy gamblers are drawn into several signal groups by bet slips, testimonials, and others. The story always remains the same if you naively follow those people who display their winning slips on social media, you will lose. They are not genuine people. I see how they shut down people who oppose them and call out their scams. As a sports gambler it will pay you well if you do not depend on these people, try and get your game your self instead of looking to them. 

The huge betting balance on the accounts they advertise on social media platforms are just showoff, it's another way of telling their potential clients that they are winning constantly and to lure them to subscribe to their games. If they have few dollars many persons will not take them seriously.

I do the same thing, I withdraw my money every time I've a big win and leave a sizeable budget on my account. This approach keeps me in check, helps me not to gamble off all my winnings and mitigates the chances of losing all my funds if the betting platform gets shot down or carryout an exit scam.

True. Normal gamblers will send the money when they win it from gambling. Specifically when thy win big prize, they must withdraw it a half at least. They must understand that keeping all the money on gambling accounts won't be a good idea. They also think to enjoy the money after they spend some efforts and take many times to win it. They money which is kept on gambling account, it should be a usual allocation, they won't leave big money.

Of course, it is just for showing up. Or it is used to raise the popularity of the media social channel. When there is an interesting post like winning big prize from gambling or having big balances from earning money on such gambling sites, people will be attracted with the post. If there are many people watch/see the post, the media social channel will rise the popularity.

Maybe the big hackers are always looking for big cows, but there are some hackers that are always after such accounts that have big amounts of money. Since they already exposed them,  hackers will also be after them, so exposing that kind of account is prone to hacking and other things. If you have that amount of money on a gambling account, it’s better to just keep it secret and don’t expose it.

I don’t also think it’s a nice idea to leave everything on a gambling site. The amount that will be used at that particular period can be saved there, but leaving a huge amount of money there is really bad because you might end up misusing the money. Sometimes you will be pushed to gamble with huge amounts even when you are not supposed to, due to the amount you are holding in your wallet, and you will find it difficult to stop gambling sometimes because you have a large amount in your wallet.

You can't really tell as to the extent that hackers can go,  because of at any attempt the screenshot carries the gamblers account details with the large balance believing me that hackers will definitively reach out to make several attempts to take control of of that account.

Some time they may target the account owner through phishing link or other offers that will tempt him to lose his security unless he is smart enough not to display some vital traceable info on the screenshot.

That will be as a result of careless attitude of the player, by keeping an easy to brute-force passwords. But, hackers rarely go for individual accounts, they target the big cow, the casino. And such attack cannot be enforced because of the balance of a player. Casinos become prey to hackers, when hackers discover how huge the amount of money the casino is holding. Or the kind of endorsement deal the casino give to celebrities. So, nobody can be sure what led to the attack of a casino. That's why players who think the money on their casino balance is too much or can affect them if anything happens, should withdraw.


Their available balance, no matter how big it is for others, can be what you're talking about for them. Not all gamblers keep their life savings saved in a casino. It's meant for gambling and they have money in banks or wallets. Only an irresponsible player will do that, going all in with their savings.

The wise choice is to actually just play around with money that you are more than happy to lose to gambling. Using any exchange wallets/gambling wallets to store your money is a big risk considering that the whole industry is ridden with hackers and scammers nowadays. The risk is much bigger with gambling since not only are you fighting against these hackers, you also have to take into account the fact that we need to control our gambling urges. Playing while having a large balance stokes your ego subconsciously and makes you think that you're still in the green cause you have enough money anyway, when it couldn't be any farther from the truth especially to some of us who gamble on a budget.

So I say you should use a cold wallet to store your money safely, a hot wallet to transact with, and then use that hot wallet to store money that you're going to gamble away, making sure that you only gamble money that you can afford to lose.

I will never support the idea of gamblers leaving there money in a casino when they can always remove there funds and use it for whatever they like than leaving there money there because they have been using the casino for so long thinking the reputation can not be tarnished. Gambling has a lot of aspects and we need to know what we are doing or else we are going to be missing it big. We supposed to have a particular money that we can always use to make bets without going to touch our major money which we can use to do some certain things without issues.