How to Protect yourself from Excitement and keep your Winnings Safe - page 8.

FlightyPouch

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Quote from: semobo on March 08, 2019, 01:47:24 PM

Just keep reminding your self the money you are going to spend on gambling needs to be done without any earnings which can give us self control while we lose bets and when we win we just have to walk away with that and feels lucky for that.

I've been addicted to gambling before and I am also doing this the time I am realizing I have enough but it is not working. I thought, if my bet win I will be leaving this area but after that a rooster with good body will be fighting or sometimes you know the owner of it so you continue to bet talking to yourself again about getting out until it becomes, I will get out once I got my losses. Continuing, in the end it will be I hope I stopped at that time. To explain this, it is easier to say this than to do it.

leonair

sr. member

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After losing half a bitcoin then you must already know how to discipline yourself in gambling and besides it's your money, hard earned or not.

The best protection that anyone can give to themselves in losing money is to stop gambling at all.

mersal

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It needed for everyone to control his excitement and his happiness while he was winning and also need to control the huge loss also these two things are always happened to you you and keep controlling with their Limited way of investment will give the exact profit for you how you can prepare for gambling it will completely happen at that time.

semobo

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Just keep reminding your self the money you are going to spend on gambling needs to be done without any earnings which can give us self control while we lose bets and when we win we just have to walk away with that and feels lucky for that.

Zadicar

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Quote from: sweetbet on March 07, 2019, 08:04:37 PM

If I'm unable to control myself and feel that I have a gambling problem, then I either wouldn't go to a casino, or I would take someone with me who will not allow me to spend more than a set limit. Fortunately, I don't have a gambling problem, and am able to control myself

I don't understand people who win large amounts of money, and then keep playing until they lose it all. For them, it's not about the money, but it is all about the adrenaline rush that they get out of the experience.

Adrenaline rush is always been there as long we are engage on gambling. Winning bets would trigger it and thats how gambling sites do really like where gamblers
do able to reach out such state because most likely lose all of the money that they have won.If you do really know that you do have some gambling addiction then you shouldnt
play at all.

libert19

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I gamble with steem/sbd on Steem platform, what I do is after winnings I power up to steem power (which is locked and takes 12 weeks for complete power down) (not many friends haha).

guoyu78

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Activity: 1190

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There are basically no principles to playing gambling and there is no 100 percent rules to keep winnings safe. The best is to just be oneself. Just play it like you are having fun and the result would always be massive. It is when one enters gambling or sees it as an entertainment, you learn would obey instinct.

It is very important to go with your instinct when gambling, it will let you know when to stop and would also tell you when to proceed but when the game is taking too serious with rules and regulations you might not listen to your instincts but rather the rules.

sweetbet

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If I'm unable to control myself and feel that I have a gambling problem, then I either wouldn't go to a casino, or I would take someone with me who will not allow me to spend more than a set limit. Fortunately, I don't have a gambling problem, and am able to control myself

I don't understand people who win large amounts of money, and then keep playing until they lose it all. For them, it's not about the money, but it is all about the adrenaline rush that they get out of the experience.

Lexus19

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Quote from: khaled0111 on March 07, 2019, 12:16:17 PM

Happy for you mate,
but really, how can you do this:

Quote from: Lexus19 on March 04, 2019, 01:56:33 AM

1) First thing I did I began to constantly repeat the word Stop Game - Withdrawal , and it helps me to stop game when I start win and
make a withdrawal .

No matter how many times I repeat those words it does not work Grin

Sadly, I never stop unless I lose everything and have nothing left in my account balance.

You have to do something about it . Fight him and change this situation . The worst thing is that we getting into a habit to such actions and they determine our future life . To something we a getting into a habit for a long time, to something very quickly . Imagine yourself in next 20 years, you want to be in next 20 years in same situation , and everything was the same ? If you do not think now about that then it may be too late in nearest future , time flies fast .

Lexus19

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Quote from: eternalgloom on March 07, 2019, 09:26:31 AM

Quote from: Ucy on March 06, 2019, 03:37:25 PM

Your ideas are ok.. Though everything would depend on how trustworthy your friends or relatives are.
There are suggestions about auto locking wallet for days, weeks or years. I think it is much safer than sending money to your relative or friends wallet.

This is easier said than done, as far as I know there's no easy way to lock your funds.
It's about time that wallets implement a time-lock feature.

If you want to do it the 'hard' way, here's a relatively easy guide:
https://bitcointalksearch.org/topic/how-do-timelocked-transactions-work-2415595

I already wrote above about it , but perhaps you have not noticed .
How about a hardware wallet Trezor or Ledger closed in Bank safety deposit box . You have a wallet number, you transfer money, the wallet is in the Bank, you can even go to the nearest city what is located at a distance of 200-300 km from you. It is necessary to make it extremely difficult to physically access the wallet . Well, just set a goal not to touch the savings on this wallet in the next 2-3 years .

To distribute the funds as follows :
1) Main Wallet - Means not to take in the next 2-3 years . Keep the main 70-80% of money .
2) Wallet-Accumulative for a big game, do not take Funds in the next 4-6 months .
3) Wallet for each day the maximum balance 10-15% of the total capital

khaled0111

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Happy for you mate,
but really, how can you do this:

Quote from: Lexus19 on March 04, 2019, 01:56:33 AM

1) First thing I did I began to constantly repeat the word Stop Game - Withdrawal , and it helps me to stop game when I start win and
make a withdrawal .

No matter how many times I repeat those words it does not work Grin

Sadly, I never stop unless I lose everything and have nothing left in my account balance.

sheenshane

legendary

Activity: 2492

Merit: 1232

Quote from: Lexus19 on March 07, 2019, 09:48:43 AM

With relatives I was not lucky , but lucky with good friends . We have a relationship proven over the years and we have a joint property that is rented . But is not easy to find such reliable people in life . People who are above money .

Well, that is the fact of people who always seeking an exchange, they are not real friends of yours.
Back to the OP's topic.
Winning streak is the thing that makes a gambler excited. It is very common for a person to feel the excitement if they win many times however, excitement could give you an emotion of greediness and would make your bet lose. If you have the winning streak and wanted to keep it, stop it right away and go home. You have to make sure to go home with cash in your pocket.

Lexus19

member

Activity: 686

Merit: 16

Quote from: Ucy on March 06, 2019, 03:37:25 PM

Your ideas are ok.. Though everything would depend on how trustworthy your friends or relatives are.
There are suggestions about auto locking wallet for days, weeks or years. I think it is much safer than sending money to your relative or friends wallet.

With relatives I was not lucky , but lucky with good friends . We have a relationship proven over the years and we have a joint property that is rented . But is not easy to find such reliable people in life . People who are above money .

eternalgloom

legendary

Activity: 1792

Merit: 1283

Quote from: Ucy on March 06, 2019, 03:37:25 PM

Your ideas are ok.. Though everything would depend on how trustworthy your friends or relatives are.
There are suggestions about auto locking wallet for days, weeks or years. I think it is much safer than sending money to your relative or friends wallet.

This is easier said than done, as far as I know there's no easy way to lock your funds.
It's about time that wallets implement a time-lock feature.

If you want to do it the 'hard' way, here's a relatively easy guide:
https://bitcointalksearch.org/topic/how-do-timelocked-transactions-work-2415595

maydna

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Activity: 2912

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Quote from: Lexus19 on March 06, 2019, 08:08:49 PM

Quote from: biskitop on March 05, 2019, 07:37:18 PM

after winning, leave the gambling table and have fun. after that, enter again but with a small bet, it will make you safer in playing gambling.

Just getting away is not enough, Excitement corrupts the mind, winnings corrupt the mind too . The task is to learn to keep excitement under full control , but even if we come to this, then the money we won better to hide from ourselfs . Attitude to the money we won is quite different and it easier to lose .

I guess that will not be easy to leave the gambling table because the tempt to play still will always on there, and it could attract us to play more. But if you can controlling your mind always to remember that when you win, you must quit gambling, then you don't need to afraid to leave the gambling places.

I think leaving the gambling place is not the same as getting away because we don't want to get losses after we win and we want to save the money for other things.

The money from the "hot" place will go fast, and it could not stay in a long time in our wallet. I have this experience in the past but with another thing

iMark

sr. member

Activity: 1162

Merit: 251

Quote from: Yaunfitda on March 06, 2019, 12:01:29 PM

I had similar Mantra's as well. I guess if you really experienced a big lost in your gambling habits, I guess this kind of self call will be effective. I lost heavy before and I kept thinking what if I just exited and went home or quit with my money then I would be very very happy the next day.

And now seeing all that big money gone just like that, makes me think that's why I learn to have self control and quit before I experienced that painful and disappointment and regrets again.

everyone must have such tricks because the final results given in gambling and the player's response certainly can make things worse, don't be too excited when you win because it can makes you overconfident and takes great risks. losses too, most players will do max bet when they lose right?

reda

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Activity: 910

Merit: 260

Quote from: KennyR on March 06, 2019, 09:08:09 PM

Unlike the winning amount it is good to save a part of the winning on every event. This will let the user have a safer fund, because people always tend to spend the entire winning on gambling and go for a bigger earning in the Short. This sometime make the user quit gambling as there won't be anymore funds to spend upon. It is us to plan wisely and spend it.

Do you believe that people actually do that. I am sure they are not instead they get greedy and loose the fund on investing more funds over multiple gambling options. I have some friends did this kind of things and lost many of their funds in the peak time of cryptos.

I always suggest to keep some funds on cold storage or paper wallet and forget it for some month until we see the next bull run.

Simply you could see the odds and watch the match and then make the betting all will be fine for you.

Lexus19

member

Activity: 686

Merit: 16

Quote from: BitcoinGirl.Club on March 04, 2019, 02:05:59 PM

Quote from: goaldigger on March 04, 2019, 07:29:51 AM

I guess my post is related with this one. Here's the link.

https://bitcointalksearch.org/topic/m.49260152

Excitement and other feelings such as too much happiness, sadness or anger can greatly affect your decision making in gambling. Even though we say that we should set aside someting, if we dont have this control, that hidden fund of yours can be subject to another betting rounds. Always start from strengthening your mindset before doing anything.

I like his idea of locking the balance with someone else who care about you. If you both come to an agreement and help each others then the gambler friend might find himself safe from losing everything.

Quote from: davis196 on March 04, 2019, 08:01:28 AM

For me it's quite simple.
You play only to double or triple your money(I'm talking about poker).Nothing more.

I never played poker so I have no idea about poker addiction however I am into sports betting and I know how frustrating it is to control your greed.

By the way, Thanks for OP for this very simple idea. I appreciated it with some merit for you. Hope you enjoy it.

I forgot to thank you for merit . Thank you , I glad that my topic liked and attracted the attention

Lexus19

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Quote from: beerlover on March 06, 2019, 02:08:45 PM

Open-pots is really very helpful and educative. I’ve also lost a lot gambling and from experience I have now devised strategies which sometimes fail and sometimes saves me out of loses. That idea of stopping game is really very vital.

I even write it down before I begin that I should that it is very important to end game when I make a win before I can proceed but I realized the greed in me would not make me follow this and then I end up losing, then I told myself that the major thing I need to succeed in gambling is self-discipline.

This self-discipline has greatly helped me. I stop game when necessary, make withdrawals at the right time and I’ve just been appropriate and then I realized that I stopped making losses and for your idea of entering into an agreement, well what work for you might necessarily not work for everyone.

Finding a trustworthy person these days is very difficult, for those who can find a good relative they can trust, it is not a bad idea but I have heard and seen stories of siblings who are jealous of themselves. Be sure whoever you are trusting to help you open a wallet will not in future be jealous of you when they start seeing what you earn.

I haven't spoken to my brother in over 7 years. , , all due to the fact that he has lost my trust , and always to forgive the man that hurt . But I was lucky in my life to find good and reliable friends . If a person does not have someone to trust his money , he must put his winning money in place from there will be extremely difficult make another deposit .
As an option, this is a hardware wallet Trezor or Ledger which will be closed in bank safe deposit box .

justspare

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Quote from: adaseb on March 06, 2019, 04:56:32 AM

I think it depends on how much you win.

If someone wins the lottery which is in the multi-millions, they will most likely stop buying more lottery tickets and keep their winnings.

The issue with the people who can't stop gambling are the ones who either lose a lot or win a little.

If someone loses a lot, they will usally keep playing until they get break-even and then they will quit. However for many they never hit break-even and end up losing tons of more money just to recover a small initial loss. Basically losing $1000 because they only wanted to get their $100 back.

If someone wins a little, they will usually keep playing because they "want more" and "its not enough" and what usually happens they will lose what they've won and either quit then or they will get into the negative.

Its basically fear and greed combined and not a good combination.

I think it is even more greed that will make one who has won multi millions in gambling continues because he hopes to win more. It is even okay for those who have lost and wish to even recover and even those who have won little and hope to win more.

Like you have rightly mentioned Fear and greed combined and it is not a good. The truth is most people wouldn’t have lost as much as they possible on gambling as a result of the 2 factors you mentioned.

Topic: How to Protect yourself from Excitement and keep your Winnings Safe - page 8. (Read 1615 times)