Topic: How has a significant win in gambling changed your life? - page 5. (Read 1742 times)

Yep, that's true, not only when you win, of course when you lose it can also change your life circumstances. with possible defeats it is certain that they will occur more frequently then defeats or losses cannot be avoided and if the player cannot limit himself when gambling then what will happen will be a change in life for the worse, this is something that should not happen in many cases. Those who can't control themselves certainly easily lose self-control so it's not surprising that they experience a lot of losses, such as losing savings because they were used for betting or other assets that were sold for betting.
bankruptcy or large losses will not occur if we have the key to the gambling we do, and the key is within ourselves as you have said, awareness and self-control is the key. Everything will be fine if we do it with full awareness and good self-control which can limit everything we do, even outside of gambling.

That's a good story from you mate, as for me I won't lie to please anybody, I haven't win such amount to extablish myself but have just won some bulks which I used to settle some important need like settling of bill or for feeding. aside that I can't believe boost of a better business I have done with gambling win. One thing about gambling is that people rearly win big in gambling it's just a penny win always and high lose so its nearly impossible to win from gambling and do a tangible Thing. Even some who win big are tempted to leave their bankroll in the gambling site to double their hustle or rollover their fund to get more win instead of withdrawing their wining, and they will later lose all. So these are factors that makes people not to use their money wisely. The best option is to withdraw your winning imidiately after win and use it for a better porpos than leaving it in the gambling site.

You are not alone because many gamblers especially in this forum have the same experience as you. It is difficult to wins a lot of money from gambling that can change our life. We can still playing gambling but with control and many other things that can avoids us from the big lose.

Maybe you are not wins so far but no one will know what will happens to them. You can wins in the future especially if your luck comes in the right time and in the right place. You don't have to feels sad with that because everything can change anytime.

If you still want to playing gambling, the only thing you can do is always be careful. You must still control your time and money so you will not spends much money to gambling. By always limiting your money and time, you can gets your luck soon and wins the money.

Life changes due to gambling are not only about winning and getting rich in a short time because after all, gambling can also change your life when you lose. Perhaps, some of them are about bankruptcy or about losing all your savings and thus, gambling with losses will also be able to impact your life significantly. Maybe, the defeat you experienced will also make you depressed or other negative things. But at the same time, it is possible for you to become better if you still have good self-awareness and control.

Because after all, bankruptcy can also make your life better, perhaps by being more diligent at work, of course to cover the money you have lost or perhaps pay off bills and so on. But yes, the point is, in gambling, whether the result is winning or losing, I'm sure there will always be good and bad impacts that will change your life.

Gambling wins could really be something that will really be making that such impact into your life if you would really be just that mindful and responsible on the actions that you would really be making on which you wont really be just that making yourself that being too naive on whats good and whats bad. If you are someone who do think up about progress and change then the main priority that comes up into your mind on the moment that you do win significant amount of money is that you would really be making up some priority on establishing your own investment or business on which you do know that it could give out that kind of chance or opportunity that you will really be able to have a good life. It doesnt matter whether it do came from gambling or other source because the main concern on here is about making good use of such amount.

It will really be needing up that good control and moderation when it comes to this aspect on which we know that when it comes to self control specially on gambling then this is where usually gamblers do really fail
or simply those winnings would really be spend back again into the house and really that totally be such a waste of money on this case.

In my betting life I have enormous losing incidents but not all. I have few winnings those are not less according to my condition. In most of the causes we who are bettor they forget their winnings because of losing. But truly there are some big wins that can give better opportunity. In my personal cause I have very few bets where I win large amount and I always tried to utilize these winnings because in betting there is no security for the future. I have several business plans and in need more money to establish. In this condition If I get more win that can help my business but I don’t know when that will fulfilled because gambling win is uncertain.

Gambling is a similar emotion that everyone has when they receive their first victory; no matter how hard you try to stop yourself, the want for more will always exist. Gambling, especially if the prize money is substantial, will be viewed as another opportunity to make money, which is why you cannot always blame individuals who become addicted. And if you win big and you always want to win big always then it’s just another dead trap because the truth of the matter is you won’t always get lucky and sometimes they might even want to double the amount and when they lose it, gambling sites don’t do refunds. If you don’t gamble with sense then you will go bankrupt that is exactly what will happen. All gambling needs is strategy so you don’t go broke gambling but the moment you know how to reduce your greed then you have solved one of the problems.

My bad luck.. I haven't had any big wins in gambling that I can remember significantly. But not to mention one thing I believe that if gambling can make a significant difference in someone's life, it will never make it in mine. I've bet on the hope of winning the jackpot many times in my life but so far I haven't won a single bet. So I never consider gambling to be a significant means of life change but I believe it may be one of the leading factors in bringing poverty to my life.

I would do the same thing if I had won something significant from gambling but unfortunately, that never happened to me so far. I haven't been a heavy gambler which means that I never spend a lot of money on my gambling activities, but I try my luck every now and then and it never worked for me because I have always only won small amounts but nothing significant enough that I could use to do something for my life.

Those who get to win a lot of money from gambling are blessed because gambling is not something you can expect a lot from, it mainly makes you lose money in the long run but if you are able to get something out of it, consider yourself lucky and blessed for that.

Many people win some money from gambling but waste it on useless things instead of starting some sort of business or doing something for their future. When you spend all the money on materialistic things to get some happiness, you would regret it in the future.

Yes, it's definitely gambling and winning large amounts, at least it has hope for us to do something in business for the future, Even though the effort fails at some point, that doesn't make us back down and keep trying to do the best for ourselves.

Unfortunately, I haven't won a large amount gambling, maybe one day I will be as lucky as expected, but if I have good luck in gambling and have a business, I will probably stop gambling completely, because all of us here really understand how gambling does something to users, when I win big that's when I close all accounts and if I want to gamble, maybe I'll do it manually, not on the internet.

If it's not a secret, what was the winning multiplier? The most I achieved was X91 (of course, this is not about bets of one cent/satoshi).
As for taxes, the most correct and profitable solution is to avoid paying them. I used to be tolerant of taxes, but now I understand that this is pure robbery and any responsible citizen should evade them. Thank God crypto provides these opportunities.

Well you can tap yourself on the back, as it wasn't just a normal casino win then, but more to do with speculative trading / investment

I myself have done the mistake of turning those winnings to money several times, because i was too afraid of the bear market, and while sometimes it pays off, sometimes i really regret doing that. Like winning SOL during the bottom of the recent dump, and immediately turning it to cash, because it was "going to the ground". I don't even want to do the math on how much it would be worth.
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Not to mention my early gambling with btc, doge or eth. With those, i would have been set for life, but i am not going to be captain hindsight about that, as if i might as well would have bought more and saved it at the time. Some things are just not worth using my time regretting. It's only money after all.

I just need to add something quickly.... I won this money, before the Bitcoin price went up significantly... so the Bitcoin price increase actually gave me a huge boost.

I think the lesson I wanted to teach people are just to withdraw the winnings after a big win.... if you leave it in the casino, it will be gone in a matter of days. Take the money, do something with it that will generate passive income and if you want to gamble, use some of that income... not the money that you won.

I said.... "some" of the money, because you still need to keep a percentage of the income to cover inflation and taxes and also to pay the bills.   

Remembering that winnings and profits from gambling are not easy to obtain, we have to be wise when the gambling we have done has succeeded in winning. When I gamble and I succeed in getting a win, I immediately spend it with what I need at the moment or spend it by buying drinks or food to enjoy with friends while watching the latest film. In my opinion, the winnings I get from gambling don't have to be saved. because I have my own perception that winnings from gambling must be spent as soon as possible before I have any thoughts of wanting to gamble again. I once won quite a big win and at that time I really had the desire to buy a new cell phone, of course without thinking twice I immediately cashed it in and bought it straight away. a new cell phone that I really need.

Well, that's what you have to pay attention to, of course there is no win that occurs more often than a loss, so the wins you get must be utilized as well as possible because winnings in gambling are very rare, so you have to be wise in making decisions when you win. Apart from that, it is very rare for a win to cover all the losses that have occurred. cashing out is the best option rather than continuing to gamble. unless you are ready to lose everything, including the winnings you have obtained.

Yes, it's not very possible but in gambling things can happen sometimes. Surely, most of us believe in Bitcoin and we hope to see it at $1M value and most of us are still doing our best to invest money in it to accumulate some amount of it from time to time. However, it's going to be much faster to accumulate Bitcoin right now if we get some significant wins from gambling.

Most people who win big in gambling don't have a plan of how to maximize the win because they never expected such a jackpot. They will end up spending the money wastefully or gambling it off. There was a story of a gambler in my area who won big but didn't use any part of the win, he gambled with all of them within a few hours. People who were present said he believed he could win more money.

We all know that gambling shouldn't be seen as a source of income but it will not be out of place to have an investment plan. The plan should be available in case you have access to funds not just from gambling but from other sources. There are also Professional investment managers who can give sound bits of advice, that can assist big winners to invest wisely.

Only significant win i have won from a scratch card something like 20 years ago, and i bought a laptop and roller skates with that. It changed my life in a way that i got heavily using those roller skates and got my endurance up in a way i probably wouldn't have without them. And at the time my desktop was on end of it's road, so i kept tabs on what's happening in the world with my laptop.

Mainly i was using it to watch pirated series and practising my writing and learning, which looked very different 20 years ago with a computer.

Time management is my issue as well, but as i have come to terms with the limited time, it's easier to limit some vices and how much time i am using to them. For example i loved to play poker, and still do, especially when playing live, but i just don't have enough time for it online. Tournaments take hours and while i might get money from that, the risk that i am not getting any is just too high for me to ignore. I rather play sports and slots from time to time.

By the way, the issue of preparation and goal setting in general is very interesting. I am sure that 99.9% of gamblers see their life after a big win as “do nothing and enjoy.” But for this to last for a really long time, the winning amount must be very large (something like the jackpot in the national lottery in the USA). It is not surprising that most of those who win quickly spend everything and come to the point where they started (no money and need to work). If they had initially been focused not on spending, but on how to increase money or at least save it, this would not have happened.

I don't know how much winnings you got from that bet, but I don't agree that you have to spend that money without consideration, we have to be wise in managing finances and you can allocate that money for other needs, even for savings, even if you consider gambling to be just entertainment, but If you are lucky to win then it is advisable to withdraw some of the money before the winnings are lost in gambling.

The average calculation is that no gambler gets a higher win than a loss, when the casino provides luck to recover losses from winnings for you, then withdrawal is the best solution to avoid gambling greed.

Yes, that is the point, friend, everyone has their own luck and sometimes luck is not too difficult to get, meaning that winning is not something that is very difficult to get, but it is the behavior of gamblers that sometimes makes a winning situation turn into a defeat. because they cannot make decisions quickly and instead apply greed. So there are two things here that are a problem, firstly, let's say that winning is not something that is too easy to get, and in addition there is the behavior of gamblers which actually makes winning turn into defeat like what your friend did, and I'm sure that the majority of gamblers must have done it.

On the other hand, I will tell you about one of the reasons why a gambler who has succeeded in winning and applying greed actually experiences total defeat again in the sense of losing all his money, which is when in the process of applying greed, for example, they actually experience a decrease in the total balance they have at the time. At that time, usually they will try to return the balance to the initial position and say that "I promise I will withdraw it when the balance returns to the initial winning amount" but it turns out that as time goes by the balance becomes increasingly depleted and finally ends up with nothing remaining in the sense of lost the amount of capital and the amount of profit that they had previously managed to get. This is a scenario that gamblers will experience and feel before they finally run out of all their winnings and I feel this way.

On the other hand, you also said the correct scenario where they think that it is a small amount of loss, but they do not realize that this situation occurs repeatedly, which means that if you calculate it, it is clear that the amount must be significant.