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Topic: How greedy you are? When will you stop and withdrawn? - page 9. (Read 18602 times)

hero member
Activity: 1862
Merit: 590
My target is only 1.25x , If i Invest 1 Btc in Gambling and when i achieved my target i will Withdraw money,
Thats it This is enough for me

That's what I do too. But I don't wait for my balance to be doubled sometimes 5-20% profit is already enough for me. And that's the right time I'm withdrawing my balance. I'm not greedy anymore because I want it to be in the right way of putting my bitcoins at the safe place and don't wanted to use it for sometime.
mostly people lose money in gambling because of their greediness, they want to make more money, they often double their

I agree, too many people are greedy when it comes to gambling and I mostly see it when they are on a roll and they think they can win even more and most times then not they lose it all. That is why when I gamble I'm happy with 2x and just stop, I have tried for more on occasions and have got lucky but it doesn't happen too often so I stop at 2x.
hero member
Activity: 504
Merit: 500
My target is only 1.25x , If i Invest 1 Btc in Gambling and when i achieved my target i will Withdraw money,
Thats it This is enough for me

That's what I do too. But I don't wait for my balance to be doubled sometimes 5-20% profit is already enough for me. And that's the right time I'm withdrawing my balance. I'm not greedy anymore because I want it to be in the right way of putting my bitcoins at the safe place and don't wanted to use it for sometime.
mostly people lose money in gambling because of their greediness, they want to make more money, they often want to double their investment, and therefore they increase their bet, but even after doubling their investment they try to continue increasing their bit for increasing their profit more and more. but after some time they even lose their own investment and come back to hope empty handed.
hero member
Activity: 2520
Merit: 568
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My target is only 1.25x , If i Invest 1 Btc in Gambling and when i achieved my target i will Withdraw money,
Thats it This is enough for me

That's what I do too. But I don't wait for my balance to be doubled sometimes 5-20% profit is already enough for me. And that's the right time I'm withdrawing my balance. I'm not greedy anymore because I want it to be in the right way of putting my bitcoins at the safe place and don't wanted to use it for sometime.
sr. member
Activity: 686
Merit: 253
When we cannot be sure about what is going to happen next, just securing what is currently we are having must be a wise decisions.
Does your greed allow you to secure your current profits all the times, if you are able to do this then you must be a self controlled gamblers and you are not yet addicted to gambling. In my beginning days of gambling I was happy even with 10% of profits and quit gambling just after seeing some profits. But over time, I myself have changed in may aspects which are reasons for my losses, I must confess.

Good that you confessed, it means that you're ready to learn, I will advice that you rather be disciplined and content with as little as 2x of your bankroll so that you withdraw your profits after the win and repeat the action if you so wish .
legendary
Activity: 1176
Merit: 1024
When we cannot be sure about what is going to happen next, just securing what is currently we are having must be a wise decisions.
Does your greed allow you to secure your current profits all the times, if you are able to do this then you must be a self controlled gamblers and you are not yet addicted to gambling. In my beginning days of gambling I was happy even with 10% of profits and quit gambling just after seeing some profits. But over time, I myself have changed in may aspects which are reasons for my losses, I must confess.
sr. member
Activity: 756
Merit: 253
Honestly x2 is okay for me for the reason of preventing myself to gamble until losing all. I have done this more than five times and all those times it become possible only due to the reason of not believing into my luck. I do see many gamblers blindly believing into their luck factor and ending up frustratingly losing all their bankroll.

When we cannot be sure about what is going to happen next, just securing what is currently we are having must be a wise decisions.

It's just wise to maintain an x2 winning plan than over risk and loose everything , I absolutely agree with you because that's my plan for gambling on sports betting too, I hardly go in for odds beyond x2 and it has returned profits since the beginning of the year, in just waiting for the start of the football season in August.
hero member
Activity: 896
Merit: 514
Honestly x2 is okay for me for the reason of preventing myself to gamble until losing all. I have done this more than five times and all those times it become possible only due to the reason of not believing into my luck. I do see many gamblers blindly believing into their luck factor and ending up frustratingly losing all their bankroll.

When we cannot be sure about what is going to happen next, just securing what is currently we are having must be a wise decisions.
copper member
Activity: 2870
Merit: 1279
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My target is only 1.25x , If i Invest 1 Btc in Gambling and when i achieved my target i will Withdraw money,
Thats it This is enough for me
That's a start because knowing that you have already built something from your balance can gradually increase in your money in the bank but be careful because knowing that you have won 25% in your current balance meaning you could earn more but that's your greediness talking to you, better watch out.
legendary
Activity: 1190
Merit: 1001
My target is only 1.25x , If i Invest 1 Btc in Gambling and when i achieved my target i will Withdraw money,
Thats it This is enough for me
full member
Activity: 560
Merit: 100
What can I say, I am greedy as hell, lost another bet that got all my money including winnings and the initial deposit.

Maybe there is a way to not be greedy, I have just not yet found it. XD

Oh well, maybe next time.
This is hard sometimes to stop the greediness when playing gambling. Ive experience this a lot my plan to stop had gone and continous playing but end up losing the game. My plan to withdraw but suffered loses. I had to be determined and control my emotions when playing.
hero member
Activity: 3024
Merit: 745
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Most of us wants to make x2 from their balance but that's becoming a challenge nowadays. It's better to have atleast 10% gain in gambling and if you are not that greedy you will stop on that day. But if you want to grow it further, use that 10% profit and use it as your bankroll.

I wouldn't say that it is hard to get 2x profit these days, gambling is same just like it was 5 years ago, both casino games and sport bets. It is really easy to get this profit in sport bets as long as you follow someone that knows what they're talking.

I like your idea of using what you won for gambling though, this way you can protect rest of your money.

Using that small percentage of profit is good, you only need to wait for and be patient before you are going to make good profit as making money in gambling is unstable. Protecting and assuring that you had gain a lot is should be prioritize, you need to wait for more time of using it to something more important than gambling. Don't let your greediness takes you.
legendary
Activity: 1176
Merit: 1001
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I am not that greedy tho so i think i am still quite lucky. Why can i say that i am not that greedy its because everytime i got a profit of 100% i will already cashed out my earnings simple as that

It is not so easy to reach 100% profit in gambling every time you gamble. If that is possible then by now most of the gambling houses would have closed. Your target is quite high and most likely your bankroll may be eaten up before reaching that 100% profit target. It is better to reduce that to less than 20% profit to cash out for the day.
Only 20%? We can get more than that but it all depends how you play and how much your capital if you have huge capital, certainly win 20% is enough but there is also risk you lose money in huge amount. I guess OP has a greedy nature because he wants a 100% win, like you said isn't easy to win 100% in gambling. we should reduce it for pressing our risk of losing money.
legendary
Activity: 1456
Merit: 1023
I am not that greedy tho so i think i am still quite lucky. Why can i say that i am not that greedy its because everytime i got a profit of 100% i will already cashed out my earnings simple as that

It is not so easy to reach 100% profit in gambling every time you gamble. If that is possible then by now most of the gambling houses would have closed. Your target is quite high and most likely your bankroll may be eaten up before reaching that 100% profit target. It is better to reduce that to less than 20% profit to cash out for the day.
hero member
Activity: 1078
Merit: 501
I am a gambler but i am not a greedy gambler. Of course i will be happy if i could double my bankroll then i will withdraw my bitcoin. And most of the time, i did it, because usually i am using 0 .01 btc and sometime during the bet i have finished my bankroll, nothing left to win or earn. But it is not own ourself because during the bet our bankroll increase is depend on our luck.   
All of us wants to win in gambling but we all know that not all the time we can win in gambling. Sometimes we need to understand how to be responsible in gambling because if you are really greedy once you won, you will probably wants to win again and again. Once we taste of being winner, we want it to be a winner all the time but we can never be a winner all the time. Gambling really needs luck more often.
That's a big problem with that kind of mentality, we will never win all the time because its gambling where the operator has a bigger chance to come up as a winner in the end, we play in their game and they set the rules, don't every expect that they will allow us to win.
Whatever winning moment we have, we need to understand it is not possible without luck and since luck does not bring consistent win, we need to limit.
There will be a big problem if we do not limit ourselves when it comes of playing again and again because we want to win, we need to understand that winning in gambling is not often, it is always depend on luck that we need to have for us to win, sadly not all people think of it so that they lose a lot of money, and also getting out of control and addicted.
legendary
Activity: 1442
Merit: 1008
I normally stop as soon as I have won something substantial. I like to play it safe. I withdraw right away. I also try make extra to pay for withdraw fees.
I sometimes leave bitcoin/credits in the casino balance for later, but that doesn't always work . Wink
lol i think everyone has similar experience as you when you have got profit enough but you want more winning for the sake of paying the withdrawal fees. but you might know already too that sometimes that's didn't goes as planned. instead wi it easily , you lost the whole profit you had just because chasing for a little amount for fee, that moment really could stop you to play but also could make you get stressed.
hero member
Activity: 910
Merit: 500
I am not that greedy tho so i think i am still quite lucky. Why can i say that i am not that greedy its because everytime i got a profit of 100% i will already cashed out my earnings simple as that
sr. member
Activity: 854
Merit: 251
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Whenever I gamble I would set my goal to x2 or 2 and half that is my limitation when it comes to gambling,
If I would get too much greedy it would only result to losing all of my money instead of having a profit.
sr. member
Activity: 360
Merit: 251
I normally stop as soon as I have won something substantial. I like to play it safe. I withdraw right away. I also try make extra to pay for withdraw fees.
I sometimes leave bitcoin/credits in the casino balance for later, but that doesn't always work . Wink
legendary
Activity: 1008
Merit: 1010
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Most of us wants to make x2 from their balance but that's becoming a challenge nowadays. It's better to have atleast 10% gain in gambling and if you are not that greedy you will stop on that day. But if you want to grow it further, use that 10% profit and use it as your bankroll.

I wouldn't say that it is hard to get 2x profit these days, gambling is same just like it was 5 years ago, both casino games and sport bets. It is really easy to get this profit in sport bets as long as you follow someone that knows what they're talking.

I like your idea of using what you won for gambling though, this way you can protect rest of your money.
sr. member
Activity: 1764
Merit: 373
<------
Its in my blood to keep going till I completely end up busting my bankroll no matter how big or how small it is. The more matches I see that I predict and win, the more losses I incur because of some marginal 'upsets' which tend to happen a lot of times in the games I gamble.

We have the same bloodline then.
I wan't the adrenaline rush more than the amount I could have withdrawn.
Though afterwards regret whispers.
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