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Topic: How to Protect yourself from Excitement and keep your Winnings Safe (Read 1603 times)

hero member
Activity: 2926
Merit: 657
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My solution was to create a paper wallet and withdraw some funds to it. I wasn't able to withdraw that easy from the paper wallet so j had saved a lot in a few months. ;-)
Controlling your self is the best because even you seperate your winnings once you are not handle your safe they still have a chance to play again. Withdrawing money and transfer to the wallet is a good Idea but make sure you know when you play again after you set your winnings and do not play repeat on that day incae you win. No need to creatd paper wallet, mobile wallet is still good.
That is a common mistake to the most gamblers. It is really tempted while we saw money in our pocket. To set limitations and self-control is very hard when don't take it seriously. It is very to commit of having self-control but we can make it little by little until we finally reach our goal. It is somewhat in a hard way but surely we can make it if we want things to happen.
hero member
Activity: 1834
Merit: 566
I know what you talking about here, and let me tell you sometimes it's really hard to resist the feeling of excitement when we're in winning streak. There are just one way to keep your winnings safe, it`s to stand up and leave when you win amount you are satisfied with. Don`t set up some high goals, making maximum 50% of your amount is not a high goal, x2 and higher is a high goal, to be clear on that.


For me it's okay to set up high goals as long as it's doable.
I'm using just a simple technique, which is to stop when I hit the target and we need discipline and focus in order to do that effectively.
There's no room for greedy people in gambling as we will never be successful if we have that kind of bad attitude.
Honestly, it really hard to resist the excitement feelings when luck is on ones side when gambling, setting an actual target either is also not what ones needed in such state because the game could change anytime but what's needed is not to be greed, been discipline and listen to your heart when it said to let go or else the target technique will fail you.
hero member
Activity: 2996
Merit: 609
You need to become a borderline sociopath to be a really good gambler. Set yourself targets & try not to have emotions whilst gambling. Make sure you know when to get out & that means when you’re doing well not just when you’re on a loser.
Not all would really have that kind of emotion-less while you are doing gambling yet this is the primary thing that

would really be mainly affected along the way specially seeing our funds lost while we play.So it do really matter on
how a certain individual is really good on controlling everything not only on emotional but also into decision making itself.
sr. member
Activity: 400
Merit: 250
After you have won for some time and have a nice profit there comes a time when you start losing and that is where you are the most vulnerable and should stop betting for a while until you are not emotional anymore. The reason is you get upset for losing some of your profit, then you start reasoning that you can make up the loss and still have the same profit. You think that since you are losing profits its ok to keep going b/c you are not playing with the money you started but with the profit. Then you start making aggressive bets that you wouldn't have made with the money before the profit. If you end up losing those aggressive bets you get angry and increase the bet amount again something you wouldn't have done before..Then before you realize it you lose your whole profit and then that makes you even more upset and vulnerable, and you say to yourself oh well it's my play money I don't mind losing it I made a profit before and you keep betting and lose that too. What I used to do is after I make a profit, once I start losing I stop for a week then come back if i Keep losing stop for another week and it helped me maintain my cool. There have been times where with the losses I have been at a plus for months, and then I have had more losing than winning for months, but I have always taken a break between the losses and has helped me keep my cool and not get emotional.
legendary
Activity: 3248
Merit: 1614
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You need to become a borderline sociopath to be a really good gambler. Set yourself targets & try not to have emotions whilst gambling. Make sure you know when to get out & that means when you’re doing well not just when you’re on a loser.
hero member
Activity: 2268
Merit: 789


Very insightful! These tips would definitely help individuals suffering from addiction to winning. But you need to be reminded as well that everything starts from discipline and self-control. Without these essential factors, people may be more prone to betting their winnings and eventually losing them slowly. If I may add, I think it would also be beneficial if people would set a limit to their allowable bets per day and secure them on an external paper wallet.

I know what you talking about here, and let me tell you sometimes it's really hard to resist the feeling of excitement when we're in winning streak. There are just one way to keep your winnings safe, it`s to stand up and leave when you win amount you are satisfied with. Don`t set up some high goals, making maximum 50% of your amount is not a high goal, x2 and higher is a high goal, to be clear on that.


Experiencing a winning-streak satisfies the mind completely, hindering your judgement and risking everything for money albeit dangerous if you do not have any self-discipline. Knowing your goals and setting a maximum allowable bet can solve this problem.
hero member
Activity: 1372
Merit: 512
My solution was to create a paper wallet and withdraw some funds to it. I wasn't able to withdraw that easy from the paper wallet so j had saved a lot in a few months. ;-)
sr. member
Activity: 994
Merit: 302
Well that's somewhat an extreme but surely, having to access that fund from a multi-sig wallet is definitely going to put a damper on your excitement. The thing is, you would still need discipline. Your cosignee isn't hovering around you to poke you to make sure to send any winnings.

Wouldn't it be nice if there's a casino feature that automatically send a part of your winnings to a predetermined address?
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
~ When I'm having winning streaks it's very difficult to stop because your mind is tempting you to bet more. If you let your greed consume you, it will also eat your winnings together with your capital.

We can never know whether we are in the middle of a winning/losing streak or not. We can talk about streaks only post factum. Everyone would stop playing knowing that he/she is in the middle of losing streak, and would continue betting being in the middle of winning streak, but that's kind of knowledge we can never have. So, forget about streaks and concentrate on your balance. If it's two times higher than before starting - quit for the day. If it became zero, quit for the day either, don't deposit more. That's it.
hero member
Activity: 2926
Merit: 636
I know what you talking about here, and let me tell you sometimes it's really hard to resist the feeling of excitement when we're in winning streak. There are just one way to keep your winnings safe, it`s to stand up and leave when you win amount you are satisfied with. Don`t set up some high goals, making maximum 50% of your amount is not a high goal, x2 and higher is a high goal, to be clear on that.


For me it's okay to set up high goals as long as it's doable.
I'm using just a simple technique, which is to stop when I hit the target and we need discipline and focus in order to do that effectively.
There's no room for greedy people in gambling as we will never be successful if we have that kind of bad attitude.
legendary
Activity: 3248
Merit: 1179
I know what you talking about here, and let me tell you sometimes it's really hard to resist the feeling of excitement when we're in winning streak. There are just one way to keep your winnings safe, it`s to stand up and leave when you win amount you are satisfied with. Don`t set up some high goals, making maximum 50% of your amount is not a high goal, x2 and higher is a high goal, to be clear on that.
hero member
Activity: 2912
Merit: 556
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That's a very unique way to protect your winnings might do that it looks effective since you have proven how effective this is, this is one of the problems that confront gambler and it always happens to me, how to protect my winning, there is always a devil in me that says keep on you are still in luck in your next roll or bet, that's where things get ugly.

That is human greed. I've also experienced that when I am gambling very often few years ago. When I'm having winning streaks it's very difficult to stop because your mind is tempting you to bet more. If you let your greed consume you, it will also eat your winnings together with your capital.

We have that experience, and I am sure that not just both of you have the same experience. In gambling, we all have a greediness experience, and the difference is we can learn how to control our greediness, so we don't attract to deeper in the gambling games. Once we lose control of greediness, we cannot hold ourselves back to stay away from gambling, and we will go to the deep of gambling.

We need to protect ourselves in gambling so we can hold our emotion, especially greediness, and we can hold ourselves for using more money to bets. If we can do that, then we can play gambling without the worry of losing control.
hero member
Activity: 2352
Merit: 594
That's a very unique way to protect your winnings might do that it looks effective since you have proven how effective this is, this is one of the problems that confront gambler and it always happens to me, how to protect my winning, there is always a devil in me that says keep on you are still in luck in your next roll or bet, that's where things get ugly.

That is human greed. I've also experienced that when I am gambling very often few years ago. When I'm having winning streaks it's very difficult to stop because your mind is tempting you to bet more. If you let your greed consume you, it will also eat your winnings together with your capital.
hero member
Activity: 2926
Merit: 567
That's a very unique way to protect your winnings might do that it looks effective since you have proven how effective this is, this is one of the problems that confront gambler and it always happens to me, how to protect my winning, there is always a devil in me that says keep on you are still in luck in your next roll or bet, that's where things get ugly.
hero member
Activity: 2912
Merit: 541
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Nothing we can do except controlling ourselves in the gambling games, especially if we can win the big prizes. But unfortunately, human nature will always tell ourselves that we can continue the game so we can win bigger money. That will tempt you to try to play in the next minute and first, you only use small money but then you will use medium and bigger money to play. And if you cannot realize and quit right away, you will lose all of the money in a long time.
Agree, I have experienced this so that I have no control and assume I will easily get a victory, study for myself and not be overpowered by greed because it will make depression because losing everything will definitely happen if we have no control.

I have the same experienced as you in the first time I know gambling. I feel that I am very difficult to control myself, even if I am trying to stop the game for a while. When I came back to play, it seems I become greed, but fortunately, I have so many friends who always remind me to use gambling as a fun activity.
sr. member
Activity: 1078
Merit: 256
Every people have their own responsible to control themself.
IMO it's easy to do it except if your greed or something blow your mind able to change your attitude.
When I won 0.09 with 1000 sat, I'm satisfy and not keep gambling until I have right time ( after 1-2 months usually)
That is a very big win and that should take care of how much you have lost in the past if there is any. I think you have a very good strategy of giving yourself some time before gambling again after a very good winning. However, my strategy is gambling with very small amount and spread it over many opportunities. At this if I win few I will be in good profits and if that happens sometime I will just invest with my profits and safe my capital and I adopted this strategy last two weeks.
Gambling strategy is needed when you are in a winning side, keep your profits together with your capital while you still have the chance,
don't be greedy and too excited to win more but instead get something and stay out and enjoy your profits, be back when you are in good
mindset in keep it that way.
legendary
Activity: 3234
Merit: 1214
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My higher preference in gambling is sports betting. Most of the time I go with the lower odds on games between two teams. This way we can have increased winning percentage compared to the higher odd selection. With this what we get as profit is low, and with this it is always good to bet on further games the amount that is won. If I haven't won I used to stop gambling for the day which seems to be the best way to stay away from excitement and be on the safe winning.
sr. member
Activity: 882
Merit: 269
Every people have their own responsible to control themself.
IMO it's easy to do it except if your greed or something blow your mind able to change your attitude.
When I won 0.09 with 1000 sat, I'm satisfy and not keep gambling until I have right time ( after 1-2 months usually)
That is a very big win and that should take care of how much you have lost in the past if there is any. I think you have a very good strategy of giving yourself some time before gambling again after a very good winning. However, my strategy is gambling with very small amount and spread it over many opportunities. At this if I win few I will be in good profits and if that happens sometime I will just invest with my profits and safe my capital and I adopted this strategy last two weeks.
legendary
Activity: 2954
Merit: 1155
Leading Crypto Sports Betting & Casino Platform
Think the outcome when you get greedy and lose anything you've won. Think how difficult it is to earn money. When you're already winning in gambling don't expect to hit the jacpot even more. Quit as soon as possible. Casino and gambling websites works that way, they are tempting you on winning streaks to bet more.
It means it control our emotion. But maybe when win in gambling games, we will be very excited. And then curious come, we think we can win more or maybe use our win price is something that wouldn't disturb our capital. Then before we know, we lose all of our money.

Our more winning is depend on our bankroll, if we could afford it then doesn't matter who much we loss the money because we have a lot of capital to play game, but if we have less capital then better to quit and don't greedy because the next step is definitely our loss of money. 
Bankroll, it is right but if someone play all money and aim for big profit, it can make him lose all money instanly. All depend on how we control ourself even with low capital, if play little by little,(usually at the end we still lose all money) but maybe can enjoy the game.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
Nothing we can do except controlling ourselves in the gambling games, especially if we can win the big prizes. But unfortunately, human nature will always tell ourselves that we can continue the game so we can win bigger money. That will tempt you to try to play in the next minute and first, you only use small money but then you will use medium and bigger money to play. And if you cannot realize and quit right away, you will lose all of the money in a long time.
Agree, I have experienced this so that I have no control and assume I will easily get a victory, study for myself and not be overpowered by greed because it will make depression because losing everything will definitely happen if we have no control.
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