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Topic: Huge win that turn into loss scenario - page 4. (Read 1098 times)

legendary
Activity: 2716
Merit: 1092
Leading Crypto Sports Betting & Casino Platform
July 12, 2024, 12:35:37 PM
it’s all about self-control and discipline. It will appear, but only after making previous mistakes and bad luck, the main thing is to learn this lesson. If you manage to earn a large amount, you don’t need to play further, but it’s important to take a break and take away most of it, so there will be no further temptation and excitement to play further .

If gambling didn't involve risk, then maybe there wouldn't be many of the things we always recommend that gamblers should have, but because it is the opposite, in the sense that gambling is really risky then of course there are various actions that lead to prevention to minimize the occurrence. a worse situation will always be suggested. One of them, as you said above, is that overall this is a matter of self-control and strong discipline.

Ignoring greed is quite a difficult act to do, especially for gamblers who are addicted when they are in a lucky situation, but after all, there is no other thing than ignoring greed if you really want to get a real win, meaning don't. give yourself an opportunity that can trigger continued gambling when you have succeeded in achieving victory, and also you must maintain the awareness that no matter what and forever gambling will always be a risky activity, and by maintaining this awareness, I am sure that You would prefer to cash out some or even all of it rather than continuing the gambling session.
legendary
Activity: 2478
Merit: 1951
Leading Crypto Sports Betting & Casino Platform
July 12, 2024, 12:16:37 PM
Even if I have small win, I withdraw it immediately
If you make a withdrawal, how do you start your next gaming session? 

If I'm correct, he is only making withdrawals of his profits not his initial deposit and to me I see it as a very good strategy to avoid making potential losses. As a gambler we should be able to use any means to minimize our risk. Any thing can happen as many be ran out of luck which will eventually turn tables around for you. But by removing your profits, you know clearly that you aren't on the losing hand.

To be honest, I can hardly imagine how, for example, having a deposit of 100-500 dollars, he withdraws every small win (5-10 dollars). The withdrawal fee will ruin him faster than the bookmaker's margin  Grin In addition, in order to be guaranteed not to go into the red, you must at least return the deposit, and not the small winnings that you receive. And the questions about the meaning of these actions (if making a deposit is easy/difficult) are still valid.
sr. member
Activity: 1439
Merit: 380
To Be Or Not To Be
July 12, 2024, 12:03:38 PM
For slots players maybe that is the best way, but not for sports bettors who play every day.
The live market always changes all the time according to conditions on the pitch and it would be much better to always have enough balance in the account to be able to bet at any time.
Anyway, if we can implement strict money management when gambling - that would be better than making a small withdrawals but keep making deposits while losing.
hero member
Activity: 1330
Merit: 585
Leading Crypto Sports Betting & Casino Platform
July 12, 2024, 10:51:15 AM
Scenario like this is one of the best ways to avoid regret when losing a win from a previous bet but in this way it is not guaranteed to secure the money we have. I mean, from what I've been through when I'm betting and winning, I withdrawl my winnings and just leave the budget to gamble. But the fact is I'm still losing all of my previous budgets and profits because of coming back again on the first scenario that all of this is caused greedy.

One of the best ways I've ever done to avoid losing after a big win, I'm implanting on my mindset to appreciate the money I have. Only in this way can we appreciate the money and beat the greed after winning a big victory.
hero member
Activity: 2632
Merit: 649
DGbet.fun - Crypto Sportsbook
July 12, 2024, 10:08:39 AM
it’s all about self-control and discipline. It will appear, but only after making previous mistakes and bad luck, the main thing is to learn this lesson. If you manage to earn a large amount, you don’t need to play further, but it’s important to take a break and take away most of it, so there will be no further temptation and excitement to play further .
sr. member
Activity: 616
Merit: 274
July 12, 2024, 09:51:01 AM
Well, this kind of scenario is what we call gamblers who cant be satisfied and not thinking properly, imagine losing a huge amount from your previous winnings? Imagine how much you can be regretful because of that, but again its their own fault, if they didn't play more hoping to gain more then they can be happy to their winnings, or instead a gambler should secure some good amount to their winnings so that no matter what happens in the remaining still you are getting something, simply securing the capital you have used and some of the money from the winning amount.
I think every gambler certainly knows the risks of gambling, the main thing is controlling oneself. If we can't control ourselves, of course we will lose a lot of our money when playing. It's true that temptation always arises when we've had a pretty good win. If you want to play again, I don't think there's much of a problem, the most important thing is to leave a little money to play to find luck again. It is better if you secure your capital and your previous winnings are much better than not securing your capital.
hero member
Activity: 1526
Merit: 501
DGbet.fun - Crypto Sportsbook
July 12, 2024, 09:46:53 AM
There was a thread that discuss exactly same like this, where the @OP ask what you will do if your bankroll went from $100 to $10 or $100 to $500. Since we're talking about in profit, the wise choices withdraw the profit which is $400 and then you gamble continue to gamble using your initial bankroll.

Even you loss your bankroll, but you're still earn $300.
When you gamble and have a huge win, don't be greedy and continue gambling to increase the win because there's a huge chance that you can loose everything. If you must continue to gambling for any reason, it's better to only gamble with the bankroll that produced the win and withdraw the won amount. If you lose the bankroll that you used to gamble again, then it's not too bad because you still have the actual amount won minus the capital. Gamblers needs to learn how to gamble on budgets, when you have diminished that budget whether you win or lose it's best to quit for the day.
Winning big is often the theme that accompanies endless madness when it is a thrust, a sudden surge of growth beyond our normal nature and as a shared experience, instead of forcing against this nature, gamblers crave deeper and cling more tightly to this essence, in terms of business it will involve both huge profits and risks but in terms of gambling, it is the direction where thousands of knives are waiting. Just rush in and our health bar will drop irreversibly, this is a costly scenario and paid for by many months of recovery
hero member
Activity: 938
Merit: 642
July 12, 2024, 09:29:19 AM
Having a big win is a blessing in gambling and I feel sorry for those gamblers who do not understand this and keep on playing with profits and lose everything in the end.
Ask from those gamblers who are mostly in a loss and if they ever won good amount, how happy they will be. On the other hand we have such gamblers who despite having win good amount end up withdrawing nothing because they lose out of their greed. Its hard to imagine the feeling of a gambler who won a big amount and soon after loses everything. Such an Unlucky Gambler.

There's a famous line from Kenny Rogers' song that goes, "You never count your money when you're sitting at the table." That means even if you are up while gambling, it's still not considered a profit until you stop. So if we end up losing in the end, it means we never had a profit, and that's a learning experience that knowing when to stop is necessary to end with a profit. However, it's easier said than done, especially if you don't have a game plan. First, you need to target how much you need to win to stop. If it's $1000, then stop when you hit that amount. Pretty simple.
This song completely reflects reality, because I noticed how difficult it is to get up from the table and leave even if we increased our deposit shortly. In general, this must be done in order to think about further actions next time, to adjust our tactics, it is possible to spend part of this money on yourself or gifts to your beloved woman. In general, I would have made myself a limit for one game session for a loss and a win and as soon as any of these values ​​will reach, I would stop playing. Of course, I understand that in words this is easier than in reality, but it is necessary to strive for self -control and there is nothing impossible and it is realistic to achieve this.
legendary
Activity: 2128
Merit: 1775
July 12, 2024, 09:27:08 AM
I’m many can relate to this situation since most of us becomes extremely greedy whenever we already have huge profit then slowly you are losing it due to bad lose streak.
That's why it's important for us to manage our money wisely, never let the money control our minds, even if the money is generated from gambling, as long as we can control the money, we will be safe and greed will not occur.

The chronology of what happened to you is often 'common' for gamblers, but I have a principle when winning at gambling in managing money well, for example: I won 100% of the money whatever the reason and my whisper still withdrew the money, 60% of the remaining 40% I bet back, free to play the same game or other types of games.

If that happens, if I win again or lose until the end, I don't feel sorry for that, so I'll stab that greed with the 40% money.
legendary
Activity: 1358
Merit: 1565
The first decentralized crypto betting platform
July 12, 2024, 09:18:48 AM
There's a famous line from Kenny Rogers' song that goes, "You never count your money when you're sitting at the table." That means even if you are up while gambling, it's still not considered a profit until you stop. So if we end up losing in the end, it means we never had a profit, and that's a learning experience that knowing when to stop is necessary to end with a profit. However, it's easier said than done, especially if you don't have a game plan. First, you need to target how much you need to win to stop. If it's $1000, then stop when you hit that amount. Pretty simple.

Something similar is said in the stock market, and it can be applied to bitcoin and cryptocurrencies: you don't make a profit until you sell. You can have a shitcoin where you invested $100 and it has turned into $10,000, but if you don't sell, you don't know if you wake up in the morning and it has gone to 0. It's the same with betting. If you don't cash out and leave the casino, you can't count what you win as a profit. Especially if you get a decent amount that you can do a lot of things with outside the casino, you have to withdraw the money and leave, which we already know how the story ends if you stay.

hero member
Activity: 3052
Merit: 606
July 12, 2024, 09:12:47 AM
#99
Having a big win is a blessing in gambling and I feel sorry for those gamblers who do not understand this and keep on playing with profits and lose everything in the end.
Ask from those gamblers who are mostly in a loss and if they ever won good amount, how happy they will be. On the other hand we have such gamblers who despite having win good amount end up withdrawing nothing because they lose out of their greed. Its hard to imagine the feeling of a gambler who won a big amount and soon after loses everything. Such an Unlucky Gambler.

There's a famous line from Kenny Rogers' song that goes, "You never count your money when you're sitting at the table." That means even if you are up while gambling, it's still not considered a profit until you stop. So if we end up losing in the end, it means we never had a profit, and that's a learning experience that knowing when to stop is necessary to end with a profit. However, it's easier said than done, especially if you don't have a game plan. First, you need to target how much you need to win to stop. If it's $1000, then stop when you hit that amount. Pretty simple.
hero member
Activity: 2856
Merit: 618
Leading Crypto Sports Betting & Casino Platform
July 12, 2024, 08:55:46 AM
#98
I’m many can relate to this situation since most of us becomes extremely greedy whenever we already have huge profit then slowly you are losing it due to bad lose streak.
Indeed. Greed is the problem for gamblers who have no contentment even they already win huge. It's because of their belief that they can gain more once they continue playing. Well, it's a human nature to be greedy sometimes, however we need to be wise to stop already and withdraw the profit. Chances are you'll only lose all of it if you didn't refrain yourself from playing. Those who already experienced such situation can relate and probably have a regret for not controlling themselves.


Having a big win is a blessing in gambling and I feel sorry for those gamblers who do not understand this and keep on playing with profits and lose everything in the end.
Ask from those gamblers who are mostly in a loss and if they ever won good amount, how happy they will be. On the other hand we have such gamblers who despite having win good amount end up withdrawing nothing because they lose out of their greed. Its hard to imagine the feeling of a gambler who won a big amount and soon after loses everything. Such an Unlucky Gambler.
hero member
Activity: 2114
Merit: 740
Leading Crypto Sports Betting & Casino Platform
July 12, 2024, 08:51:21 AM
#97
I’m many can relate to this situation since most of us becomes extremely greedy whenever we already have huge profit then slowly you are losing it due to bad lose streak.

This happened to many times when I already have huge profit such as x2 to x5 of my bankroll. I usually hangout out for more gambling but place only small bet on slot games. This small bet turns into increasing bet when losing badly u til I already buying bonus that keep losing too until I bust all my bankroll.

Gladly, I overcome already this weakness through securing immediately my profit by withdrawing it and convert to fiat via exchange P2P to avoid gambling again for more win.
It is a habit of gamblers that when they have a profit of 2X to 5X the nominal capital at stake, they often forget the initial concept and goal when starting the game. You won't always win, take advantage of your luck to secure the victory you have obtained.

I prefer to set a target amount that will be spent when I have made a profit, if the amount decreases due to losses in the next few games, I will immediately stop and then return to playing after a few hours. The concept that I use will be very profitable personally, apart from being able to enjoy the game for a while, I don't need to spend additional capital to gamble. The concept is actually very simple, it's just that greed always makes gamblers forget about losing.
sr. member
Activity: 504
Merit: 433
July 12, 2024, 08:48:07 AM
#96
This is one of the major challenge most gamblers face which is turning a good win into a bad gambling day. I think it is a psychological huddle that must be overcome to remain a profitable gambler. There is a high temptation to increasing gambling amount whenever there is winning; this is the source of complacency and eventual frustration as a result of irrational actions.

How I manage this situation, after losing several winnings, is to always withdraw whenever I have a reason winning and leaving only small balance in my account with which to continue gambling in the same manner I was gambling before the winning. This way I don't have to worry about losing my winnings because the money is already in my bank account.

I realized this even better in trading, every quarter I take all the profit that I manage to get, it disciplines me and every time it’s money + that I can count on. In gambling, this can work exactly the same way, every month, or every quarter, if there is a profit, then it’s worth withdrawing. This is a simple rule, but if you follow it constantly, you will be able to see how much you earn, because if all the winnings constantly remain on the gaming deposit, it is very difficult to understand what in the end you managed to win, because the money on the deposit is not yours until you don’t have it withdraw to your wallet.
sr. member
Activity: 1106
Merit: 391
July 12, 2024, 08:37:18 AM
#95
And because of this, knowing your limits is important because by understanding your limits you can stop yourself from gambling back money that you should be able to enjoy. Gambling and immediately withdrawing is a pretty wise thing for a gambler to do - there is no need to think that you can get more money when gambling back your gambling winnings, because most of those people will usually end up losing badly. Just withdraw and then enjoy the money for your needs. Even if you want to gamble again, you can use other money that you have previously prepared for gambling.
hero member
Activity: 1750
Merit: 567
Leading Crypto Sports Betting & Casino Platform
July 12, 2024, 07:48:16 AM
#94
I’m many can relate to this situation since most of us becomes extremely greedy whenever we already have huge profit then slowly you are losing it due to bad lose streak.
This is one of the major challenge most gamblers face which is turning a good win into a bad gambling day. I think it is a psychological huddle that must be overcome to remain a profitable gambler. There is a high temptation to increasing gambling amount whenever there is winning; this is the source of complacency and eventual frustration as a result of irrational actions.


I don't think of being profitable anymore. What I want is just to stay disciplined and lose only what I can afford. Aiming to be profitable is just too ambitious for a gambler and requires a lot of skill and choosing the right game, which I don't have right now. I may experience a winning gambling session, but all I want is to stop with a profit, not being greedy but being content with what I can make today, and just come back next time to reap another win if lucky. By saying discipline, I mean controlling your emotions, and I should have the ability to control them in different situations, both losing and winning.

Of course you have the right mindset, because after all gambling is not a place to make money, even though you can win, however, there will always be the possibility of risks that could occur at any time, especially when luck has run out at that time. Greed will always be a part that is difficult to ignore in humans, but however it is too dangerous to prioritize greed in gambling, although this does not mean it is impossible for you to produce bigger wins, but sometimes the problem is that there are only a few gamblers who are truly able to accept a losing situation when they have previously seen that they have won, where this situation can really bring a gambler into significant emotions and it is very likely that they will carry out various aggressive actions to vent their emotions. If we talk about gambling then of course there is nothing better than having the ability to stop at the right time, although for example maybe you can win bigger when you continue but in any case taking precautions is much better, stopping at the right time , cash in your winnings when you are lucky and enjoy it, that is the real victory.
hero member
Activity: 2982
Merit: 610
July 12, 2024, 07:25:11 AM
#93
I’m many can relate to this situation since most of us becomes extremely greedy whenever we already have huge profit then slowly you are losing it due to bad lose streak.
This is one of the major challenge most gamblers face which is turning a good win into a bad gambling day. I think it is a psychological huddle that must be overcome to remain a profitable gambler. There is a high temptation to increasing gambling amount whenever there is winning; this is the source of complacency and eventual frustration as a result of irrational actions.


I don't think of being profitable anymore. What I want is just to stay disciplined and lose only what I can afford. Aiming to be profitable is just too ambitious for a gambler and requires a lot of skill and choosing the right game, which I don't have right now. I may experience a winning gambling session, but all I want is to stop with a profit, not being greedy but being content with what I can make today, and just come back next time to reap another win if lucky. By saying discipline, I mean controlling your emotions, and I should have the ability to control them in different situations, both losing and winning.
hero member
Activity: 546
Merit: 516
July 12, 2024, 07:14:10 AM
#92
I’m many can relate to this situation since most of us becomes extremely greedy whenever we already have huge profit then slowly you are losing it due to bad lose streak.
This is one of the major challenge most gamblers face which is turning a good win into a bad gambling day. I think it is a psychological huddle that must be overcome to remain a profitable gambler. There is a high temptation to increasing gambling amount whenever there is winning; this is the source of complacency and eventual frustration as a result of irrational actions.

How I manage this situation, after losing several winnings, is to always withdraw whenever I have a reason winning and leaving only small balance in my account with which to continue gambling in the same manner I was gambling before the winning. This way I don't have to worry about losing my winnings because the money is already in my bank account.
sr. member
Activity: 504
Merit: 389
The great city of God 🔥
July 12, 2024, 06:43:09 AM
#91
Gladly, I overcome already this weakness through securing immediately my profit by withdrawing it and convert to fiat via exchange P2P to avoid gambling again for more win.
The safest way to scale through losing out streak is by securing your profit imidiately after win by fast withdrawal. otherwise you will be left with nothing in your bankroll. This has been a  major problem people usually face all the time. And it is basically greediness that causes such thing, I have been in such situations on several occasions where I keep on gambling till I lost all my bankroll and I have vowed to myself that I can never leave my bankroll after winning.
Withdrawing the profit is a good way to gets the money before our minds gets tempts from gambling and we will lose our control. But the problem is many people gets tempts before they can decides to withdraw their wins so that makes many people keeps playing gambling without thinks to gets their profit in gambling.
Exactly true. Most times it's easy to say but difficult to do. We might have that initial thinking that if the game plays and we win, we will try as much as possible to withdraw but we may be convinced that withdrawal is not the best option rather doubling the hustling which is caused by greed and will suck us dry. There is this my friend that won $300 and I told him to withdraw it since the money was a free gambling money, he never answered me anything untill he use all the bankroll and was left with nothing, then he realised he has made a big mistake by not withdrawing at the right time. So we need to be calculative and smart to make profit, than loosing them all.
full member
Activity: 1484
Merit: 136
★Bitvest.io★ Play Plinko or Invest!
July 12, 2024, 06:07:55 AM
#90
I’m many can relate to this situation since most of us becomes extremely greedy whenever we already have huge profit then slowly you are losing it due to bad lose streak.

This happened to many times when I already have huge profit such as x2 to x5 of my bankroll. I usually hangout out for more gambling but place only small bet on slot games. This small bet turns into increasing bet when losing badly u til I already buying bonus that keep losing too until I bust all my bankroll.

Gladly, I overcome already this weakness through securing immediately my profit by withdrawing it and convert to fiat via exchange P2P to avoid gambling again for more win.

Unfortunately, we are all sometimes lucky and sometimes unlucky. I saw a streamer who tripled his deposit on slots and he sat there with his eyes wide open and couldn't believe it.  
And you know what's funny? He continued playing and increased his deposit again!  It is after gamblers see this that they do not want to stop at the first big win. But as a rule, everyone then loses.
Well, this kind of scenario is what we call gamblers who cant be satisfied and not thinking properly, imagine losing a huge amount from your previous winnings? Imagine how much you can be regretful because of that, but again its their own fault, if they didn't play more hoping to gain more then they can be happy to their winnings, or instead a gambler should secure some good amount to their winnings so that no matter what happens in the remaining still you are getting something, simply securing the capital you have used and some of the money from the winning amount.
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