Topic: Know when to stop - page 37. (Read 4606 times)

Many will have this wrong motive that the more they keep gambling the more likely their winning chances increases which is completely wrong mentality, we shouldn't have taken such action in the first place, if we do then we should conclude our minds on wether it works out as planned or not, so when we gamble and loose the bet, we shouldn't feels bad about that, it has always been the same thing we know to have happened repeatedly.

Self discipline and self control is what every gambler needs so that they can stop gambling at the right time just like you have mentioned above. The problem that most gamblers have is that, they tend to forget that gambling is a game of luck and not a game that the higher you gambler the higher chances of winning.

Some gamblers think that the more they play, winning becomes certain and this is why most of them become addicted to gambling because they lack the understanding on how to go with their gambling activities. Only use the amount that you can afford to lose so that you don't start chasing your losses.

I like how OP stated a lot of signs when to stop when you are gambling but I still see some people would tend to say when someone gave up or quit that " you have missed your chance, you wouldn't know that next round you might hit the jackpot" things like that. Every person has their own limitation in gambling especially when it comes to their finance. But sometimes people tend to forget their state when they are in the middle of the game when they have lost several times they try to recover their losses and take blind of their situation, which is why knowing your limitations and when to stop is a must when you are gambling. This might be common sense for some people but if you are new to gambling you wouldn't notice these signs.

its important to not gamble more than you can afford to lose

I always saw gambling as a discipline test, not luck or talent. Recognizing when to retreat is my biggest challenge. This is especially true during a losing streak. Humans want to recover losses, but addiction typically follows. Understanding that losses are part of the game can free me. When I feel loss pressure, I leave. It means fighting another day, not giving up.

Big wins are character tests. Always have an exit strategy when gambling. Winning large is thrilling but can impair judgment. That's why I established winning and losing limits. Once I reach that point, I leave without questioning. It shows self-respect and decision-making power. Yes, redistributing winnings is smart. Being proactive with your finances might turn a lucky break into financial stability. The real gain in gambling is self-control and good choices, not money.

If you don't have this trait, you should not gamble, gambler is not for the reckless it is for people who know how to value money and how to think clearly and part of thinking is the ability to stop when you need to stop.
I always make it a point, to stop whenever I feel the pressure, and every 30 minutes I take a one-minute pause it calm the senses and regain clarity of my thinking process, we have to practice doing this it will greatly help us overcome stress and pressure.

Know your limits for sure, both emotionally and financially. I see threads asking if you're gambling at work, and I'm thinking, who in the right mind would do this? But in reality, you see some people actually going for it. Although they might not be spending a lot of time or money in the process, it's a sign that you can't go without it. It's also vital to not keep a large amount of money deposited in your casino accounts; it can easily get out of hand. The same thing applies to what the OP mentioned already: while encountering large wins, don't start aiming for the stars; be thankful for what you've earned and withdraw; otherwise, you're way more likely to lose everything.

I think the advice will be helpful and read by the gamblers, however, it ultimately depends on whether or not the gamblers choose to apply it to themselves. The other question here is if OP is following this advice as well. Some people give advice but fail to apply it to their own lives. Most of the time when they gamble, they may forget their own advice. This could be due to a change in their personality and an inability to control their actions while gambling.

I wonder if all the OP’s advice will be heard or read by the players themselves who are experiencing problems with games. We all understand that gambling is fraught with the transition from ordinary interest and entertainment to addiction. It looks like similar warnings are needed on the gaming sites themselves. Every time a person stays longer than normal on the site, a warning is needed to awaken the player from excitement.
But everyone understands that not a single site cares about the health and well-being of the player; all that different casinos are interested in is profit. Therefore, in addition to the attentiveness of the player, the attention of the one who is next to him is needed to distract a loved one from the game in time and switch him to other activities.

Knowing when to stop is one way to prevent losing money from gambling. Most gamblers already know when they should stop gambling but unfortunately, most gamblers cannot control themselves to stop gambling but instead continue gambling. This causes many of them to experience losses without being able to make money. When you are gambling and getting pleasure from it, you will forget to stop yourself because there will definitely be other temptations telling you to try it. This is a normal thing that happens to gamblers, so many gamblers still have difficulty knowing when they need to stop. Those who already know when to stop so they won't experience things they can't afford. And these are the wise gamblers who are able to use gambling well. We may have seen people who ended up losing their money from gambling because they couldn't stop themselves from gambling. And the situation got worse when he was lured into continuing his gambling until they ended up losing a lot.

The simple solution to controlling gambling activity is to have a game plan with a budget. If you have a well-arranged plan you might not be concerned with how much you have lost or won, you will just follow the budget at a given time. Even when you lose consistently, it won't affect you adversely because you are gambling with what you can afford to lose. Having a plan will also help gamblers avoid gambling addiction because you will not over-gamble. It has been said again and again in the forum that gambling is not a source of income, therefore there is no need to be used to it.

Your advice regarding using our wins judiciously and not losing them to gambling is important. We should always know that the wins are not predictable, so we should maximize our wins and use them for something beneficial to us, family and community.

There is always a need to evaluate every area of our lives, not just gambling. Once in a while gamblers should collect data, analyze and evaluate their gambling activities over a while to check if they are making progress or not. However, this might not be compulsory when you have a gambling plan, bet what you can afford to lose and see gambling as entertainment.

Know when to stop alone is not enough, you also need to know when to start as well as when to restart.
I do even think that know when to start is the first thing to consider, because 5W1H to start may affect how your gambling goes.
Know when to start cover almost everything, starting from how is your financial condition before start, how much you can afford to lose, what games you want to play, how long you want to play, what will you if....(many cases).
So before you know when to stop, you should know when and how to start wisely first.

      -   You know, in times like this, there are actually many gamblers in the crypto gambling business who don't understand it. Apparently, they don't know the word time-out when they win in gambling. This can only be prevented when we have self-control over ourselves.

Because the main reason why gamblers don't stop even though they win gambling is none other than having greed in themselves, and they always want to accumulate a lot of money. I can't see any other reason besides this; is there anything else?

As a gambler these mentioned items are what should be properly noted. Although some of them are just amongst the few that are not necessary but it is good OP listed them here for all to see. If one can be able to do accordingly to the list while gambling, the rate at which addiction is growing will reduce drastically because of the self consciousness already aroused the sense of gamblers to make sure that they are gambling accordingly.

As listed by OP, if a gambler want their self-esteem to be maintained, they should act accordingly to making sure that they properly follow the up with the measures of not this post, atleast they could set up some guidelines for themselves to follow.

Those advices on stopping when one is losing or having a losing streak are quite obvious, common and it is a matter of common sense for a responsible gambler to know when to stop in those situations. However, I would say it is a completely different thing when someone is supposed to know when to quit while having some good luck and earning money in a gambling session. It reminds me a thread someone started here some time ago about gamblers having a maximum winning amount (besides the maximum loss amount), most of people do not even think they are supposed to log out their accounts and withdraw when they have already reached a positive amount, instead, they continue to gamble until their good luck runs out.

It would be conservative for a gambler to withdraw when they manage to get a 2x on their deposit, in my opinion. Though, it obviously depends much on each one of the gamblers and their tolerance to risk. If there was more people who practiced to keep a maximum winning threshold, people would enjoy their winnings more often.

Well, I can only say one thing about this. You dont need a long list of indicators on when to stop gambling. IMO, you should already stop gambling when you have lost enough, an amount that you can't afford to lose or something beyond 20% or 30% of your total monthly income. Now, if you're a family man, you shouldn't go beyond 20%.
However, not everyone is capable of controlling ones self or responsible enough to manage finances.

Somehow this is true, if you don't know how to think properly then you might lose yourself in gambling.
Knowing when to stop is not easy, you have to focus with your objectives and forget your emotion in gambling. Being greedy is already part of the human nature, what we can do is to assess and have a strategy on helping yourself to stop gambling either you are winning or losing, you should know when to stop.

If you don't know how to do this you will end up losing everything not stopping or taking a break will cost you a lot, it's important that we have to take a time out if we are losing heavily because this is where chasing losses start the adrenaline rush is so high that you can make a careless move of losing your bankroll, by taking a break like a 10 minute break going out to your terrace and taking fresh air will reset your mind from making a careless move.

Our losses come from our uncontrollable emotions, once we suffer big losses we want to recover our losses right away, I have experienced this I have become impulsive that I cannot think clearly because all I want is to recover all my losses and I want it right away,  

These 2 hits right on the spot for me because I always stop gambling if I’m already not enjoying due to the consistent loss over win and also when my losses already makes me out of focus.

This kind of points is indeed great to help up list what’s the signal on when we should stop because I honestly feel and experience all of them when gambling while some of them is I always ignored and still play because of my gambling urge to win more or recover my losses.

Yes OP said something that is really good and useful for prevention, especially for beginners who have just come to get involved in gambling because usually they mostly come with the wrong mindset and perspective on gambling, in many cases beginners come with beliefs and the belief that "gambling is a place to earn money" ultimately leads them astray and become trapped in a cycle of addiction unconsciously. Therefore, this matter really needs to be paid attention to and straightened out because after all, I am sure that everyone does not want to suffer and experience a lot of problems as a result of the wrong approach to gambling.

Overall, the tips given by the OP lead to preventive measures for safety, as you have repeated, it is true and very important to pay attention to and the point is to always apply limits such as stopping when the situation is no longer supportive, such as dominating defeat, which will be useful for minimize emotions which of course can make you act out of control in the end, and also stop when you do manage to win in any amount because it's not a real win if you can't cash out to enjoy it. Basically, if you want to gamble, go ahead as long as you can be a responsible gambler and have a good approach to keep you safe and comfortable.