Huge win that turn into loss scenario - page 6.

boyptc

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Quote from: Zoomic on July 11, 2024, 05:49:40 PM

Except you are gambling for fun, you should normalize quitting for the day after you've won the money you are gambling hard for or after exceeding your budget for the day.

I agree.

It is a mistake that you don't quit when you've won for that day. Someone has to tell that as a reminder for everyone that ignores these tips.

When they don't do such things upon winning, then it's going to be a loss scenario at all times.

Quote from: Zoomic on July 11, 2024, 05:49:40 PM

When a casino gives you bonuses, they are not doing you a favour, they want you to stay back and exhaust your money until nothing is left.

I am like this. This is the same with discounts and giveaways that are given to us and that will catch our minds to spend more because of the wagering requirements, etc, that we want to fulfill to get that bonus.

Obim34

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Quote from: DaNNy001 on July 11, 2024, 05:13:31 PM

It's not even an issue of whether the gambler is wise or not because I have even seen situation of gamblers feeling wise that one particular period and withdrawing their wins but later changing their and still depositing it back to the casino, for me what I feel that's the case is when you are inline with your self with satisfaction from every little wins you have gotten from that time of betting.

It is much more preferable to first withdrawing profits made from gambling, either with little or large profits as long it is something worth withdrawing. Of course we get to deposit back the money but not all, with this approach the gambler is having the best of privilege to change the course of his profits into something else. If the profits are being left in the gambling site, the gambler might be highly intrigued to chase another bigger win by staking hugely or consistently which he made end up loosing everything earned.

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Quote from: Josefjix on July 11, 2024, 02:52:47 PM

Quote from: Adbitco on July 11, 2024, 02:05:34 PM

This depends on the gambler who is gambling usually when you places bet and have winning what is next is to have your winning cashed out, because when you tried to place more bet with the winning pressure you wouldn't know when you are out of track where you keep betting and losing. It's always advisable to stay clear from casino/gambling site when there is huge win or any winning otherwise if continued losing is inevitable.

Gamblers made decisions everyday, they just hope they're doing the right thing in every point in time. Gamblers can be earning quite enormous profits but without withdrawal, what's the essence of everything? They need evidence to ensure they're grabbing significant profits at their ends while Loss can not be permanently eradicated, it's been designated into the system for the smooth driving of the finances revenue been actually generated.

You think not withdrawing one winning from gambling site doesn't matter? Well, I can still say it depends on the account operator I mean account owner (the gambler himself) because he can decide either not to go further placing additional bet and just close and exit the site without having to make a single withdrawal. But for those aren't that cool with the way they places bet can randomly bet and loss all they had accumulated for the long duration of their gambling if they don't regular makes withdrawal from their gambling account.

Zoomic

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Quote from: Wapfika on July 11, 2024, 09:33:50 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.

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.

Except you are gambling for fun, you should normalize quitting for the day after you've won the money you are gambling hard for or after exceeding your budget for the day. When a casino gives you bonuses, they are not doing you a favour, they want you to stay back and exhaust your money until nothing is left. If you have no control over your gambling activities, you will keep playing and enriching the casinos. The only benefit a gambler gets from gambling is the money he gets after winning, what use is the win if you end up losing it back to gambling? That feeling can indeed be painful.

I'm m glad you were able to realise yourself on time and do the right thing before it was too late.

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Quote from: uneng on July 11, 2024, 05:01:20 PM

Quote from: Wapfika on July 11, 2024, 09:33:50 AM

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.

Good for you that you are cashing out your profits before falling for the temptation of risking everything in further bets and eventually losing it as consequence. It's never good to be a greedy gambler who is always avid for more profit, because money for him is never enough. This wrong kind of mindset only turns the individual into a loser, who will never be able to grow his funds consistently, because what is realistical and feasible isn't interesting for him, as he only looks for huge gains (which in most cases are heavily risky, or blatantly scam schemes).

Enjoy the fact you are still making profit from your gambling session and put this money into good use through investments, so it can generate further gains for you futurely yet. Then, you can use part of the profit generated to fund another gambling sessions. This way, you will have a continuous and sustainable source of income to gamble, always gambling with money you can afford to lose.

Most of the time, gamblers need to suffer losses to learn their lessons the hard way. If you don't want to go home broke and depressed, it is always best to cash out some before you totally lost your bankroll. I believe, that's the common dilemma of most gamblers, they won't stop up until they have no more to burn.

Discipline is usually the enemy of gamblers. If you don't want to be in tight position, always make sure you have some reservations for yourself. Separate the funds that you need with the funds you can totally burn. In this case, you won't feel so guilty if you lost it all.

$weetne$$

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Quote from: Wapfika on July 11, 2024, 09:33:50 AM

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.

Congratulations as it is only a profit when you have withdrawn it into your wallet or any other app that is not on the casino. Leaving money on the casino can tempt you to use them in gambling further to increase your winnings or as a revenge for your losses. Every gamblers get the temptation of using the money that they have just won to play more bets, it always like you can win more and the amount that you have won is not enough. When I have such feelings, I always stop gambling for the whole day as I consider that feeling to be a sign that I am entering a zone that I will lose my bankroll if I do not stop gambling and take a break. Huge wins will always turn to losses if you can not control your greed as it is our greediness that always want us to continue gambling as we win huge. Do not use any part of the money that you won to gamble or you will not know when you have lost everything.

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Quote from: HelliumZ on July 11, 2024, 05:06:17 PM

Quote from: Wapfika on July 11, 2024, 09:33:50 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.

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.

This is normal in gambling, because if you gamble excessively, you must lose the previous profits. But those who get the profit are those who withdraw immediately after winning the gambling bet. This happens not only to you but also to gamblers who continue to bet on gambling after repeated profits and subsequently lose.
It is wise for you to come out of such a situation once in a while. You are then converting your bet winnings to your local currency. You should remember that gambling is never over-emotional and greedy.

It's not even an issue of whether the gambler is wise or not because I have even seen situation of gamblers feeling wise that one particular period and withdrawing their wins but later changing their and still depositing it back to the casino, for me what I feel that's the case is when you are inline with your self with satisfaction from every little wins you have gotten from that time of betting.

HelliumZ

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Quote from: Wapfika on July 11, 2024, 09:33:50 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.

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.

This is normal in gambling, because if you gamble excessively, you must lose the previous profits. But those who get the profit are those who withdraw immediately after winning the gambling bet. This happens not only to you but also to gamblers who continue to bet on gambling after repeated profits and subsequently lose.
It is wise for you to come out of such a situation once in a while. You are then converting your bet winnings to your local currency. You should remember that gambling is never over-emotional and greedy.

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Various persons have got their own approach and probably would want more but it happens that with you after a 2x or 5x you start to rather become conservative with your stakes and that is most definitely going to keep you long enough gambling and still have some profit in the end, because this is actually the reverse approach for some others whenever they are up in profits as much as they are doing.

Increasing the he stakes after several wins has been the style some others have applied which got them to end up loosing all of that which they have got in their Bank roll at some point in time, they believe they can get more with higher stakes but it makes them liquidate faster than they would have before if they weren't using such high stakes.

uneng

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Quote from: Wapfika on July 11, 2024, 09:33:50 AM

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.

Good for you that you are cashing out your profits before falling for the temptation of risking everything in further bets and eventually losing it as consequence. It's never good to be a greedy gambler who is always avid for more profit, because money for him is never enough. This wrong kind of mindset only turns the individual into a loser, who will never be able to grow his funds consistently, because what is realistical and feasible isn't interesting for him, as he only looks for huge gains (which in most cases are heavily risky, or blatantly scam schemes).

Enjoy the fact you are still making profit from your gambling session and put this money into good use through investments, so it can generate further gains for you futurely yet. Then, you can use part of the profit generated to fund another gambling sessions. This way, you will have a continuous and sustainable source of income to gamble, always gambling with money you can afford to lose.

Doan9269

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Quote from: Wapfika on July 11, 2024, 09:33:50 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.

If we make win and does not take precautions on what to do and not, we may result at loosing the money won before realizing, gambling could be addictive by nature because we mostly like to enjoy doing it to have pleasurable moments, but we must be careful not to end up loosing the entire money we have into gambling if we didn't apply being discipline when gambling is taking place, this same experience has happened to many gamblers whereby they ended loosing their money won due to gambling addiction when they least expect such could happened.

Saint-loup

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Well, you can never know when you'll undergo a losing streak but usually when you get a big winning, you tend to bet big stakes without caring about managing your bankroll. And it can lead to losing all your bankroll. So it's better to stop gambling or to whitdraw your winnings right after to avoid betting big risky amounts.

livingfree

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Quote from: Wapfika on July 11, 2024, 09:33:50 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.

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.

That's why when you have won already, get your part on that money because you will eventually going to lose it and will not think of securing yourself first the profit or the bankroll that you have.

We're sure that most of the gamblers have experienced this before and many will continue to do the same mistake for being confident of being lucky.

And if you're able to overcome that weakness, I am happy for you and hopefully that you'll be able to consistently overcome it time and time again because no matter how you're able to overcome it this time. It's possible that you will give that to yourself of committing the same mistake in the future.

Adbitco

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Quote from: Sandra_hakeem on July 11, 2024, 02:21:47 PM

Quote from: Adbitco on July 11, 2024, 02:05:34 PM

This depends on the gambler who is gambling usually when you places bet and have winning what is next is to have your winning cashed out, because when you tried to place more bet with the winning pressure you wouldn't know when you are out of track where you keep betting and losing.

There's no assurance that for everytime you wager a ticket, it'll be a win.....so what pressure are you talking about?

Do you know that when you have a winning and you didn't cash out at that moment maybe you see yourself as someone who is good in his prediction do you know that at that point if you go ahead to predict more games to bet you would definitely lose it because at that point your emotions is not stable and you can't reason very correctly because of the previous winning. You would get to know what you are doing when you exit the gambling site and stay far from your funds not to be tempted that easily.

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Quote from: Wapfika on July 11, 2024, 09:33:50 AM

~

Eyyy, when that happens I usually feel like I suddenly got the hands of midas or something. Personally have experienced this a couple of times but I've never really tried to actively avoid it or anything, I embraced to continue playing even if I lose everything since it's money I was willing to lose anyway, so I never really saw it as a "weakness". I guess if you're playing to boost your money then yeah it is, but I'd say in general it's okay to lose it all. Lose streaks, win streaks, we all experience it all the same at some point anyway.

Well in cases of lose streaks I just usually stop maybe say after 4-5 losses, call it a day and spend the rest the next day instead.

Egii Nna

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Quote from: Wapfika on July 11, 2024, 09:33:50 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.

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.

You ended up in such situations due to your strategy. I don’t know if other gamblers also have the same strategy as I do because I don’t think I will win and continue playing to get more wins. That is one of my laws: if I win a game or gamble, I will just go and come back the next day to play again because if you don’t plan yourself that way, you will still continue playing until you lose everything, and this act can lead you to addiction. because you will want to bring back all the money that you have put in from the win and like to have more profit, so that will make you lose.

Although some might try it and still win, it depends on your luck, but when you have your own gambling strategy, it will not make you addicted to gambling because you are trying to avoid anything that will cause addiction.

MAAManda

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Quote from: Wapfika on July 11, 2024, 09:33:50 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.

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.

Not only a few people, those who experience this & what's worse is that it becomes a habit, are the majority of gamblers themselves (including me). I once even made a $100 deposit which then ended up with a maxwin at Gates of Olympus on a $20 feature buy, that was 10x my bankroll, but what happened after? I continued my game and ended up running out of bankroll. Out of curiosity, I made a $200 deposit and then it was all gone.

Huppercase

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Quote from: Wapfika on July 11, 2024, 09:33:50 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.

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.

I have been in this situation many times and I have manage to remove greediness from my gambling lifestyle. Sometimes, it's not our bad predictions that make us to lose money but because we keep wanting more even when we have already made enough. I once play game with 6 winning only for me to lose everything in a single bet and it took me about 9 days to get that amount, I stake everything in just one single game that was too simple to lose yet I lost that one, if I have withdraw the money, that wouldn't have happened.

It's a good strategy for converting your wins to fiat, that will discourage you from buying crypto again. I also practise this. I hardly buy crypto to gamble, I used some from my signature or left over on the exchanges and anyone that is already converted to fiat will remain as fiat because it's more dangerous to buy crypto right now in my place. Selling is always more safe and that's what I do for now which is helping me to mitigate this losses.

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Quote from: Wapfika on July 11, 2024, 09:33:50 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.

Greed while gambling haven’t been much of an issue to me. I have found means to have some edge over it although, it’s turned up a couple of times but, that’s mainly far from greed though.

I find myself to over gamble after losing a huge some in a game that I was almost certain would come out for a win bet. Let’s say a game between Manchester City x Nottingham Forest. Sure odds in this sort of fixture would be around 1.25 x 5.12 respectively. I could even go all in on this fixture but, like we all know, it isn’t always the elite teams that wins the day. Maybe Nottingham Forest could get a draw from this match or a win even and the bet is lost.

Losses like this tends to trigger my greed. It pushes me to go get my money back and the odd I would be looking for is 2 odds or 1.50 odds at the very least. Using same amount just to catch up. Next thing you know, your in for some more gambling.
Sometimes, it pays off and other times it just doesn’t and you’ve got to understand it’s the risk you take.

Other times, I just win and withdrawal 90% of the win. Leaving behind just enough money to gamble again. Perhaps if I feel the need, I top up the funds.

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Quote from: Wapfika on July 11, 2024, 09:33:50 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.

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's wise to secure gains by withdrawing immediately and converting to fiat through P2P exchange. By doing this, I'm able to secure my gains without squandering them in a bid for more victories. It's a tactic aimed at curbing greed, an assurance that the windfall isn't frittered away in further gambling escapades.

Another factor which is important in overcoming the situation is setting boundaries and self-discipline. For instance, I now decide on how much I can bet and when to stop playing, regardless of the outcome. This prevents me from making impulsive decisions that lead to significant losses later on.

To enhance my gambling skills, I acknowledged the mistakes that I was making and vowed never to repeat them in future. Also, I am shifting my focus from just making money while playing games; I am trying to see the fun part of it so that gambling becomes not addictive and does not lead to substantial financial losses.

Topic: Huge win that turn into loss scenario - page 6. (Read 1098 times)