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Topic: How do you manage your money on gambling sites. - page 7. (Read 966 times)

hero member
Activity: 1918
Merit: 564
I've been following a few gambling channels on Twitter and Telegram, and whenever they share a screenshot of a bet slip or winning ticket, they occasionally also include the balance of their wallet. I've seen this happen several times, which made me wonder why they don't choose to withdraw their winnings instead of storing them in their gambling site wallet. Why do they leave that much in there, or is it simply for show off? A gambling expert should know better than to save their money on casino websites. 

It is possible that the streamer is sponsored and he can't withdraw the amount because of the agreement with the casino.  It is possible that only a percentage of those winnings goes to the streamer and it needs to be sent by the person of the casino in-charge of the agreement.  It is also possible that they are bragging about their balance and pretend that they unconsciously showed their bankroll balance.

I always withdraw all my winnings and only deposit the right amount i want to use to gamble whenever i want to play a game. I’d like to know everyone’s opinion on which way is better and which one do you practice in managing your funds on gambling sites.

Same here, I always withdraw my funds out of the casino whenever I am done with my gambling session.  I do not intend to leave any of my coins and use the casino as a stash.
sr. member
Activity: 490
Merit: 308
I've been following a few gambling channels on Twitter and Telegram, and whenever they share a screenshot of a bet slip or winning ticket, they occasionally also include the balance of their wallet. I've seen this happen several times, which made me wonder why they don't choose to withdraw their winnings instead of storing them in their gambling site wallet. Why do they leave that much in there, or is it simply for show off? A gambling expert should know better than to save their money on casino websites. 

I always withdraw all my winnings and only deposit the right amount i want to use to gamble whenever i want to play a game. I’d like to know everyone’s opinion on which way is better and which one do you practice in managing your funds on gambling sites.
Well I dont know how legit are most of this channels and group because most of them just do all these things to actually lure and get trust from their followers or subscriber and I can tell you to a certain level that most of the video and screenshot of account that carry or display these huge amount are actually not real as most of them is just editing. Although it's possible for some gambler to actually keep funds in their account if they gamble alot because the stress if always depositing into the account will be avoided.
legendary
Activity: 3066
Merit: 1101
Leading Crypto Sports Betting & Casino Platform
I always withdraw all my winnings and only deposit the right amount i want to use to gamble whenever i want to play a game. I’d like to know everyone’s opinion on which way is better and which one do you practice in managing your funds on gambling sites.
I prefer to withdraw my funds as well even if its not that big though some site are quiet expensive when it comes to withdrawal so I have no choice but to stay it there though its also ok as long as the funds is still manageable. Managing your funds is very important, its like budgeting since this is gambling and if you are too careless, you might suffer big losses and greed can always come to you and if you have an over budget on your account there is a high possibility that you might spend all.

as much as possible, withdraw your funds to your own wallet if you are not looking at playing anytime soon. at least, you are confident that your funds are with you, and no matter what happens to the site, you know, you have your funds. but some people will indeed leave some to the site. usually, they are eyeing to play or bet.
also, as much as possible, leave the amount that you think you can afford to lose. at least, you won't be agitated if something unexpected happen on the site.
sr. member
Activity: 2310
Merit: 355
I always withdraw all my winnings and only deposit the right amount i want to use to gamble whenever i want to play a game. I’d like to know everyone’s opinion on which way is better and which one do you practice in managing your funds on gambling sites.
I prefer to withdraw my funds as well even if its not that big though some site are quiet expensive when it comes to withdrawal so I have no choice but to stay it there though its also ok as long as the funds is still manageable. Managing your funds is very important, its like budgeting since this is gambling and if you are too careless, you might suffer big losses and greed can always come to you and if you have an over budget on your account there is a high possibility that you might spend all.
hero member
Activity: 2786
Merit: 606
You don't need to think much about them because they are just showing off. They want people to see their big wins and admire them but they never or rarely show off their losses. Managing money on gambling sites means we only use enough money because we have to limit the money so we don't lose too much money. By depositing a certain amount of money that we can use to gamble, it means we have done our best to avoid losses that could occur. And even if we only use enough money to gamble, it won't reduce the fun moments at the casino.

Maybe you can ask the influencer when they will withdraw their money and see their answer. Maybe they won't want to say when they will withdraw the money or will just say we will withdraw it soon. If I could win a lot of money, I would withdraw the winnings immediately because I don't want to leave a lot of money in my gambling account.
No sensible person would keep more money than they use for gambling in their gambling account because that doesn't make any sense. Gambling is not like trading where you might want to purchase a token or a coin all of a sudden and you might need funds for that so you keep some money as a spare in your account. Gambling is a luck-based thing where you wouldn't want to keep all your money at because you never know when you make a mistake and boom, all of it is gone.

A lot of people make the mistake of clicking the max bet button occasionally and they lose everything they have in their account if the bet doesn't come out as a win, this has even happened with me but fortunately, I didn't have a lot of money in my account but I was never lucky enough to win the bet.
hero member
Activity: 1204
Merit: 596
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I always withdraw all my winnings and only deposit the right amount i want to use to gamble whenever i want to play a game. I’d like to know everyone’s opinion on which way is better and which one do you practice in managing your funds on gambling sites.
I just leave a few, and sometimes I don't withdraw it all if I have the intention of playing again tomorrow.

I’m doing this method before but I stop it already after noticing that all of my money that left on my casino balance usually easily loss since I don’t care anymore on that funds due to my winnings.

I decided to stop even I usually leave small amount after huge profit is because I sum it all and it’s become huge if I just withdrew it too and just save it to my wallet. After that lesson learned. I usually just withdraw all and deposit back since the casino I’m using doesn’t charge withdrawal fee while the token I’m using to deposit usually just charge cheap fee so trasfer fee is almost negligible.
legendary
Activity: 2086
Merit: 1759
I always withdraw all my winnings and only deposit the right amount i want to use to gamble whenever i want to play a game. I’d like to know everyone’s opinion on which way is better and which one do you practice in managing your funds on gambling sites.
If you ask about gambling money management, I am 90% sure what you do, as you said above, they agree, including me doing the same thing, withdraw the money leaving the rest to re-bet, tomorrow, today, another week and so on, that's a good decision.

The gambling industry that we know and play today is mostly online, so you have to really understand the nature of the internet or online, sometimes it's easy to access, sometimes it's difficult to access, remember online gambling is fully controlled by the gambling industry team/operator, so never leave money for a long time in a casino, if you do that it's a stupid act, if they know well about online casinos.

The point is: whatever you do at an online casino, try to be careful in managing your finances, leave it in your account just for re-betting, the rest goes into your pocket, that way you sleep soundly.
hero member
Activity: 798
Merit: 1441
The amount of money you upload to the site while gambling may be out of your control.If the site is suddenly hacked or closed, you cannot do anything with this balance.After the coupon or bet is placed, instead of withdrawing all of your winnings to your own account, you can set an amount as the amount you do not want to risk and withdraw that much.If I give an example of this, I can say this; For example, you made a $ 100 coupon and the coupon has 10 odds. If I were you, I would withdraw $ 800 of this $ 1000 to my own wallet / bank account. With the other remaining amount - of course, this will be the amount I can afford to lose - I continue to bet. This may be a show off for them or it may be to make the site look reliable. We don't know what kind of deals people make and they can direct people in this way.
hero member
Activity: 1554
Merit: 654
That's because the winnings are not real, if you win a big amount while gambling online you will either withdraw straight away or you will decide to use the amount to gamble again which can result on losing everything.

They are showing off those winnings to make people feel left out, as you can see, it worked even on you, that's why you are asking questions about it on here, isn't it?

If they don't show off those winnings how will they attract many new gamblers? I'd say whenever you see some things online, it's just a way to attract users to their platform, and this doesn't mean that once you register on the platform and start betting you will end up with the same result, theirs are green and yours will be red.

I think it's better for you to proceed to the withdrawal stage if indeed you have managed to get the winnings you want, rather than you keep the winning money in the gambling wallet and then play the money again with the aim of hopefully getting a bigger win. Yes maybe you can get another win but I'm sure the chances are very small, you don't have high hopes there, because the results cannot be predicted and it is very likely as you said that the money will eventually run out again, and besides regretting you might also be stressed because you don't accept the final answer to your gambling. Therefore, you must know that luck will not always come, if initially you have won then it is better to withdraw and enjoy the money than finally regret it and you get nothing but losses.

Yes, there are some of them who keep their money there with the intention of showing off their winnings and taking screenshots to send to their friends, it's like making them feel proud because they are luckier than others. Honestly, I don't have a problem with this but I hope they won't leave their money there for too long because the fear is that when the temptation to play arises again or even the gambling site freezes their account because they see the money there, it is not uncommon. Well that's true, and also I think it could be that the person who shows off his winnings is one of the agents of the casino itself, indirectly they are like telling others to play there by showing off the winnings they get, nothing but a promotion to get a lot of members. And if you are very interested in playing there then it's true as you said the final result will not always be what you expect, very precise what you said, others get green results and you are red. Therefore it is correct to say that this is nothing more than luck.
hero member
Activity: 2856
Merit: 541
Leading Crypto Sports Betting & Casino Platform
You don't need to think much about them because they are just showing off. They want people to see their big wins and admire them but they never or rarely show off their losses. Managing money on gambling sites means we only use enough money because we have to limit the money so we don't lose too much money. By depositing a certain amount of money that we can use to gamble, it means we have done our best to avoid losses that could occur. And even if we only use enough money to gamble, it won't reduce the fun moments at the casino.

Maybe you can ask the influencer when they will withdraw their money and see their answer. Maybe they won't want to say when they will withdraw the money or will just say we will withdraw it soon. If I could win a lot of money, I would withdraw the winnings immediately because I don't want to leave a lot of money in my gambling account.
sr. member
Activity: 686
Merit: 403
That's because the winnings are not real, if you win a big amount while gambling online you will either withdraw straight away or you will decide to use the amount to gamble again which can result on losing everything.

They are showing off those winnings to make people feel left out, as you can see, it worked even on you, that's why you are asking questions about it on here, isn't it?

If they don't show off those winnings how will they attract many new gamblers? I'd say whenever you see some things online, it's just a way to attract users to their platform, and this doesn't mean that once you register on the platform and start betting you will end up with the same result, theirs are green and yours will be red.
legendary
Activity: 1358
Merit: 978
Cashback 15%
I've been following a few gambling channels on Twitter and Telegram, and whenever they share a screenshot of a bet slip or winning ticket, they occasionally also include the balance of their wallet. I've seen this happen several times, which made me wonder why they don't choose to withdraw their winnings instead of storing them in their gambling site wallet. Why do they leave that much in there, or is it simply for show off? A gambling expert should know better than to save their money on casino websites. 

I always withdraw all my winnings and only deposit the right amount i want to use to gamble whenever i want to play a game. I’d like to know everyone’s opinion on which way is better and which one do you practice in managing your funds on gambling sites.

When influencers or streamers show their balances at the casino I think it's a flex and an effort to show what is possible for big gamblers. Most casinos have the option to hide the balance for streamers, so they deliberately want us to see it. The question is also if it's really their money or if it's an account given to them from the casino. As part of the marketing deal these streamers have to promote a particular casino, they could receive the money to place larger bets. I would even expect that they can't really withdraw that money and it's only for promotional purposes. That's why we shouldn't compare ourselves to the big streamers and influencers, we don't know what is happening behind the scenes. Like you I also prefer to withdraw larger amounts after winning some money. This also helps to protect me from losing all the winnings again.
Of course, streamers have contracts with casinos that show and have good pay for them. The balance that they allegedly randomly show provokes viewers to play in this casino and not be afraid to make an equally large deposit in this casino. It also creates interest when the streamer plays with high stakes and this attracts new viewers who are potential users for the casino in the future. This streamer leaves his promo code and the casino knows how many users will register using his promo code. So in the end they have money from this, which will be lost by the attracted users.
hero member
Activity: 1694
Merit: 516
I've been following a few gambling channels on Twitter and Telegram, and whenever they share a screenshot of a bet slip or winning ticket, they occasionally also include the balance of their wallet. I've seen this happen several times, which made me wonder why they don't choose to withdraw their winnings instead of storing them in their gambling site wallet. Why do they leave that much in there, or is it simply for show off? A gambling expert should know better than to save their money on casino websites. 

I always withdraw all my winnings and only deposit the right amount i want to use to gamble whenever i want to play a game. I’d like to know everyone’s opinion on which way is better and which one do you practice in managing your funds on gambling sites.

When influencers or streamers show their balances at the casino I think it's a flex and an effort to show what is possible for big gamblers. Most casinos have the option to hide the balance for streamers, so they deliberately want us to see it. The question is also if it's really their money or if it's an account given to them from the casino. As part of the marketing deal these streamers have to promote a particular casino, they could receive the money to place larger bets. I would even expect that they can't really withdraw that money and it's only for promotional purposes. That's why we shouldn't compare ourselves to the big streamers and influencers, we don't know what is happening behind the scenes. Like you I also prefer to withdraw larger amounts after winning some money. This also helps to protect me from losing all the winnings again.
hero member
Activity: 770
Merit: 556
All of us should withdraw money from casino gambling platforms after a big win. But not usual, gamblers feel comfortable keeping their money in gambling platform because they will try to use that money to gamble again. Moreover, since winning in gambling depends on luck, gamblers also know that if they win today, they are more likely to lose tomorrow. However, there are some gamblers who cannot control themselves and try to withdraw money beyond the amount required by the gambling platform. I definitely agree on this point because they can lose their entire money due to addiction. But withdrawal is not necessary for those who are regular in gambling and conduct responsible gambling on a reliable platform.
Yep maybe they're regular gamblers and they will not withdraw their winnings if they didn't hit jackpot, so they will keep gamble until they hit it. @OP might think the streamer's money is really big and can change their whole life, but that's a high roller, maybe it just 1% of their total net worth.

It's not all of their money, don't compare your life with someone else.
full member
Activity: 742
Merit: 170
I always withdraw all my winnings and only deposit the right amount i want to use to gamble whenever i want to play a game. I’d like to know everyone’s opinion on which way is better and which one do you practice in managing your funds on gambling sites.

I don't think it's every gambler who are ready to be able to withdraw their winning from their casino wallet, because they will always want to have something to use to gamble each time they are online to bet, so the case of making a deposit, once we made a deposit of the account wallet we gave created by the casino, we will definitely use the money for gambling and there's nothing to care planning on how to manage it utilization while still on the casino wallet, if we also win big, we should immediately transfer the large portion of the money out of the casino wallet to our personal wallet or else we end up gambling with everything with time.
All of us should withdraw money from casino gambling platforms after a big win. But not usual, gamblers feel comfortable keeping their money in gambling platform because they will try to use that money to gamble again. Moreover, since winning in gambling depends on luck, gamblers also know that if they win today, they are more likely to lose tomorrow. However, there are some gamblers who cannot control themselves and try to withdraw money beyond the amount required by the gambling platform. I definitely agree on this point because they can lose their entire money due to addiction. But withdrawal is not necessary for those who are regular in gambling and conduct responsible gambling on a reliable platform.
hero member
Activity: 966
Merit: 755
They want to show off and attract people to gamble as we know most of people always interested to gamble because of money.

You shouldn't think if they're really leave their money in the casino, you wouldn't know after they took a picture, they will withdraw the money to their non custodial wallet. Also remember, everything you see in social medias aren't 100% real, use your common sense.
hero member
Activity: 1260
Merit: 503
Leading Crypto Sports Betting & Casino Platform
There are several reasons why this happens one of which is to be able to use it as proof that they really won and all the profits go into the wallet of the casino account they are using or it could also be for another purpose as you said namely showing off the amount of money they have get it.
But actually it is very risky if you leave large amounts of money on gambling sites.

I'm sure that when they leave the casino they will withdraw most of the profits and leave some money that can be used as capital again if they want to play or bet the next day.
They are quite professional gamblers so they know how to manage their finances when gambling and if they want to stop they will always make withdrawals.

Don't ever think they will leave all the balance they have because they know better how to manage finances in gambling activities.
hero member
Activity: 2912
Merit: 629
Why do they leave that much in there, or is it simply for show off?
It's likely for showoff. I'd like to believe that after doing so, they will withdraw the money. Otherwise it's a mistake to leave a huge amount on your account because you can lose it again. But there are gamblers who feel satisfied if they can showoff their winnings to others, it's something to be proud of for them and that's understandable.

In my case, i'm just an average gambler so I only use a small amount to play. If I got lucky and able to win a decent, I withdraw the money to prevent myself using it again. Then I'll come back after a week, that's what I used to when i'm playing.
legendary
Activity: 2366
Merit: 2054
I always withdraw all my winnings and only deposit the right amount i want to use to gamble whenever i want to play a game. I’d like to know everyone’s opinion on which way is better and which one do you practice in managing your funds on gambling sites.
I just leave a few, and sometimes I don't withdraw it all if I have the intention of playing again tomorrow. Regarding a gambler who shows his balance on social media, for sure it shows off and endorses the casino. Don't follow his way, they are influencers who aim to attract new customers to join. However, don't leave your money online, if you really have to, you have to be absolutely sure if the casino is very trustworthy, and a lot of money in his safe.
legendary
Activity: 1414
Merit: 1108
~snipe~
There isn’t any assurances that users or gamblers aren’t withdrawing after winnings. People might screenshot based on the excitement and post right away before initiating a withdrawal on there winnings. It’s what I would do in the event of a big win but on the other hand, I rather prefer staying private on my wins. Wouldn’t want that much attention.
Again, it’s a necessity as a gambler, maybe not an addicted gambler but, as one who has the tendency to gamble some weeks when you have some really interesting fixtures. You might get drawn to make a stake and having to fund your gambling account every time is just a shit move. You’ve got to go through the rigors of having to pay transaction fee on it, copy proper wallet address, wait on confirmation time and all that.
Meanwhile, all you could have done is just leave some of your wins in there. It’s just that simple!
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