Play with your profit or not? - page 69.

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Quote from: wizmo on February 17, 2017, 04:57:48 PM

Yes play with only half of your profit you're comfortable with then play result will be good try it

It is what I've been doing to, I prefer to use my profit when I gamble. And when I think that I'm winning too much already then that's the right time to save some of it for whatever purpose that I want to use for it. But most of the time I'm just using it with the same purpose, to gamble again and that's the cycle of my profit.

bitcoindusts

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I have not tried to do this kind of strategy, saving half of my bankroll when I win, and keep on playing with the profit. I always play and gamble with the profit without saving the bankroll until I either hit the target wins or lose all the bankroll and profit.

wizmo

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Yes play with only half of your profit you're comfortable with then play result will be good try it

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Quote from: raven7886 on February 17, 2017, 01:33:07 PM

Quote from: splitups on February 16, 2017, 05:15:19 PM

If you can resist the temptation and withdraw your profit [or half of your balance, regardless of it being profit or deposit] then it's a better way IMO, the issue is that if you lose the remaining balance the odds of the player re-depositing the profit is quite high..

That is where almost 99% of the people who use gambling to make money usually lose, because if they win they don’t call it and satisfy with amount that they won they just keep going form more they are too greedy until they end up addicted to it and they start losing and they keep going in until they are left with nothing.

yes in fact most of the people have the same strategy and mostly they play on the winning amount also and continue until they lose their own money in gambling including the winning amount. to me i try my best first to withdraw my investment money in gambling first and then continue to play with the winning amount and through this way i just save my own money in gambling.

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Quote from: splitups on February 16, 2017, 05:15:19 PM

If you can resist the temptation and withdraw your profit [or half of your balance, regardless of it being profit or deposit] then it's a better way IMO, the issue is that if you lose the remaining balance the odds of the player re-depositing the profit is quite high..

That is where almost 99% of the people who use gambling to make money usually lose, because if they win they don’t call it and satisfy with amount that they won they just keep going form more they are too greedy until they end up addicted to it and they start losing and they keep going in until they are left with nothing.

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Quote from: BitcoinGirl.Club on February 17, 2017, 09:49:45 AM

Quote from: Ecxz on December 09, 2016, 09:53:01 AM

When you guys are gambling and already doubled your bankroll, do you still play with the whole money you got or you take away half of your bankroll and start playing with your profit or not?

I learnt the hard way on how to be smart and manage a bankroll and also get the timing right when to withdraw funds and continue playing, because if this isn't done, greed quickly kicks in and you just bet everything and lose. I make sure to withdraw not less than 60% of my doubled bankroll.

If you greedy you will be lose..
For me if i already made a profit with good amount i will not play those profit instead i treat my friends or family just to feel that i actually win a profit..
Because if you gamble them again its use less that you are targeting to make a profit..

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Quote from: Ecxz on December 09, 2016, 09:53:01 AM

When you guys are gambling and already doubled your bankroll, do you still play with the whole money you got or you take away half of your bankroll and start playing with your profit or not?

I learnt the hard way on how to be smart and manage a bankroll and also get the timing right when to withdraw funds and continue playing, because if this isn't done, greed quickly kicks in and you just bet everything and lose. I make sure to withdraw not less than 60% of my doubled bankroll.

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Quote from: Finestream on February 17, 2017, 08:14:44 AM

Quote from: lienfaye on February 17, 2017, 07:20:32 AM

If you already earn and make profit i think its fine to use it for playing than your own money. but before that make sure to withdraw your capital so incase you lose the money you earn you wont be tempted to use your capital.

I don't play like that, it's a playing safe method and it would not give you the best return if you are lucky.

My style is, I set a bankroll that I can use for gambling at a certain period of time and I have to make sure I can afford it, to be safe not to do stupid things like chasing bets. Moreover, I mainly consider that the important thing is to have a target in terms of profit, once I achieve it then I have to quit and enjoy my earnings, but when I lose, I have to accept it and gamble again once I have a spare money to spend.

That's a good way tondo it though i think setting a target amount of profit before you stop would only leave you vulnerable to your emotions and to chasings losses if you don't win. So i agree with your style of makih sure you have a bankroll that you can afford but im not that much in agreement with setting a target amount. Just play with whatever is within your means

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Quote from: lienfaye on February 17, 2017, 07:20:32 AM

If you already earn and make profit i think its fine to use it for playing than your own money. but before that make sure to withdraw your capital so incase you lose the money you earn you wont be tempted to use your capital.

I don't play like that, it's a playing safe method and it would not give you the best return if you are lucky.

My style is, I set a bankroll that I can use for gambling at a certain period of time and I have to make sure I can afford it, to be safe not to do stupid things like chasing bets. Moreover, I mainly consider that the important thing is to have a target in terms of profit, once I achieve it then I have to quit and enjoy my earnings, but when I lose, I have to accept it and gamble again once I have a spare money to spend.

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If you already earn and make profit i think its fine to use it for playing than your own money. but before that make sure to withdraw your capital so incase you lose the money you earn you wont be tempted to use your capital.

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Quote from: ethereumhunter on February 17, 2017, 03:43:37 AM

Quote from: diegz on February 16, 2017, 09:08:53 PM

Quote from: splitups on February 16, 2017, 05:15:19 PM

If you can resist the temptation and withdraw your profit [or half of your balance, regardless of it being profit or deposit] then it's a better way IMO, the issue is that if you lose the remaining balance the odds of the player re-depositing the profit is quite high..

That's true. It's good to cash out your initial deposit. Atleast your money is already safe. Then you can play with your profit, whether win or lose, you didn't lose all your money. Most of the time gamblers forget to do that or if they remember to cash out, they are thinking that they could win more if they would be betting more and if they could bet more times when they don't withdraw.

then i think this is the same as we play with the base bet and we can save our profit until its enough to withdraw and this is my plan so far and i still use my base bet to continue playing gambling. and if i can save much of the profits then i will withdraw it and i don't think that i can win more in many time.

if you have a plan to gamble regularly in the long run then there always a time for you to make your profit added to the main bankroll and the rest of it you just have to collect the winning a little bit, a skill to manage your bankroll are required here as it's the key to make you didn't always lost in the end.

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Quote from: Ecxz on December 09, 2016, 09:53:01 AM

When you guys are gambling and already doubled your bankroll, do you still play with the whole money you got or you take away half of your bankroll and start playing with your profit or not?

It normally depends on the amount of profit. If it's to big, like higher than my initial deposit, I normally withdraw the profit, and leave the same amount of the deposit and see if I can make it again. If it's lower than the deposit, I normally withdraw the same amount of the deposit, and then play with the profit. If it's medium, I withdraw the amount from the deposit, and part of the profit, and then play with the rest.

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Quote from: ethereumhunter on February 17, 2017, 03:43:37 AM

Quote from: diegz on February 16, 2017, 09:08:53 PM

Quote from: splitups on February 16, 2017, 05:15:19 PM

If you can resist the temptation and withdraw your profit [or half of your balance, regardless of it being profit or deposit] then it's a better way IMO, the issue is that if you lose the remaining balance the odds of the player re-depositing the profit is quite high..

That's true. It's good to cash out your initial deposit. Atleast your money is already safe. Then you can play with your profit, whether win or lose, you didn't lose all your money. Most of the time gamblers forget to do that or if they remember to cash out, they are thinking that they could win more if they would be betting more and if they could bet more times when they don't withdraw.

then i think this is the same as we play with the base bet and we can save our profit until its enough to withdraw and this is my plan so far and i still use my base bet to continue playing gambling. and if i can save much of the profits then i will withdraw it and i don't think that i can win more in many time.

Just hope that you will not be tempt to deposit again, that is actually not the way to win because even if you will not withdraw your base bet but you are discipline enough not to spend it based no your game plan, you can still do it.

What we are doing is sometimes we are fooling ourselves, we do not see the real cause of our loses and the real way to win, it's more on minimizing our loses and winnings as well because we are afraid to lose as we go alone.

The main problem identified base IMHO is we bet an amount that we cannot afford to lose.

ethereumhunter

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Quote from: diegz on February 16, 2017, 09:08:53 PM

Quote from: splitups on February 16, 2017, 05:15:19 PM

If you can resist the temptation and withdraw your profit [or half of your balance, regardless of it being profit or deposit] then it's a better way IMO, the issue is that if you lose the remaining balance the odds of the player re-depositing the profit is quite high..

That's true. It's good to cash out your initial deposit. Atleast your money is already safe. Then you can play with your profit, whether win or lose, you didn't lose all your money. Most of the time gamblers forget to do that or if they remember to cash out, they are thinking that they could win more if they would be betting more and if they could bet more times when they don't withdraw.

then i think this is the same as we play with the base bet and we can save our profit until its enough to withdraw and this is my plan so far and i still use my base bet to continue playing gambling. and if i can save much of the profits then i will withdraw it and i don't think that i can win more in many time.

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Quote from: Botnake on February 17, 2017, 02:25:10 AM

Quote from: crwth on February 17, 2017, 02:11:37 AM

Quote from: mirakal on February 17, 2017, 01:57:17 AM

Quote from: boyptc on February 17, 2017, 12:48:13 AM

Quote from: blackhawkeye1912 on February 16, 2017, 02:26:34 PM

Quote from: Ecxz on December 09, 2016, 09:53:01 AM

When you guys are gambling and already doubled your bankroll, do you still play with the whole money you got or you take away half of your bankroll and start playing with your profit or not?

I will still continue to gamble but I'm not gonna use my winning amount that I got in the games only the half budget balance in my bankroll which I gonna gamble it again.

Opposite thing as what I'm going to do. I'll use my profit for the next bets that I'm going to do or if I wanted to make some risky move, I'm going to risk my profit and as well as the bankroll that I got because I'd done that before and it looks like I'm a bit luckier by that time.

However the results is the past is not a good basis for the future, we might be lucky in the past but we do not know the outcome the next time we gamble. One thing you have to be sure of is the amount you want to achieve, do not seek more and more as you will run out of luck and you would not want your effort and time wasted getting nothing in the end.

It's always changing. Search entropy and you will know why also, it's always on a straight path and never looks back, and it's always increasing. So you need to always keep on moving forward. Trust your gut if you need to stop or something. Don't think about anything else. Just believe that you can.

Believing in ourselves is good but we should know if we are fighting in a losing battle or not, for sure you guys know that in gambling, most of us loses in the long run and I believe that most of us believe that we will win. It is the action that is more important and you actions is dictated by the method that you have if it's effective or not, if not, even if you believe so much, you will not win.

Exactly, that's the best way to describe it. No matter what it takes, you need to be positive in what you're doing and in the end, you can overcome it. If you don't believe in yourself then no one will probably believe in you, and that is really sad. No one will ever love you also, don't be such a pessimist

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Quote from: crwth on February 17, 2017, 02:11:37 AM

Quote from: mirakal on February 17, 2017, 01:57:17 AM

Quote from: boyptc on February 17, 2017, 12:48:13 AM

Quote from: blackhawkeye1912 on February 16, 2017, 02:26:34 PM

Quote from: Ecxz on December 09, 2016, 09:53:01 AM

When you guys are gambling and already doubled your bankroll, do you still play with the whole money you got or you take away half of your bankroll and start playing with your profit or not?

I will still continue to gamble but I'm not gonna use my winning amount that I got in the games only the half budget balance in my bankroll which I gonna gamble it again.

Opposite thing as what I'm going to do. I'll use my profit for the next bets that I'm going to do or if I wanted to make some risky move, I'm going to risk my profit and as well as the bankroll that I got because I'd done that before and it looks like I'm a bit luckier by that time.

However the results is the past is not a good basis for the future, we might be lucky in the past but we do not know the outcome the next time we gamble. One thing you have to be sure of is the amount you want to achieve, do not seek more and more as you will run out of luck and you would not want your effort and time wasted getting nothing in the end.

It's always changing. Search entropy and you will know why also, it's always on a straight path and never looks back, and it's always increasing. So you need to always keep on moving forward. Trust your gut if you need to stop or something. Don't think about anything else. Just believe that you can.

Believing in ourselves is good but we should know if we are fighting in a losing battle or not, for sure you guys know that in gambling, most of us loses in the long run and I believe that most of us believe that we will win. It is the action that is more important and you actions is dictated by the method that you have if it's effective or not, if not, even if you believe so much, you will not win.

crwth

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Quote from: mirakal on February 17, 2017, 01:57:17 AM

Quote from: boyptc on February 17, 2017, 12:48:13 AM

Quote from: blackhawkeye1912 on February 16, 2017, 02:26:34 PM

Quote from: Ecxz on December 09, 2016, 09:53:01 AM

When you guys are gambling and already doubled your bankroll, do you still play with the whole money you got or you take away half of your bankroll and start playing with your profit or not?

I will still continue to gamble but I'm not gonna use my winning amount that I got in the games only the half budget balance in my bankroll which I gonna gamble it again.

Opposite thing as what I'm going to do. I'll use my profit for the next bets that I'm going to do or if I wanted to make some risky move, I'm going to risk my profit and as well as the bankroll that I got because I'd done that before and it looks like I'm a bit luckier by that time.

However the results is the past is not a good basis for the future, we might be lucky in the past but we do not know the outcome the next time we gamble. One thing you have to be sure of is the amount you want to achieve, do not seek more and more as you will run out of luck and you would not want your effort and time wasted getting nothing in the end.

It's always changing. Search entropy and you will know why also, it's always on a straight path and never looks back, and it's always increasing. So you need to always keep on moving forward. Trust your gut if you need to stop or something. Don't think about anything else. Just believe that you can.

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Quote from: boyptc on February 17, 2017, 12:48:13 AM

Quote from: blackhawkeye1912 on February 16, 2017, 02:26:34 PM

Quote from: Ecxz on December 09, 2016, 09:53:01 AM

When you guys are gambling and already doubled your bankroll, do you still play with the whole money you got or you take away half of your bankroll and start playing with your profit or not?

I will still continue to gamble but I'm not gonna use my winning amount that I got in the games only the half budget balance in my bankroll which I gonna gamble it again.

Opposite thing as what I'm going to do. I'll use my profit for the next bets that I'm going to do or if I wanted to make some risky move, I'm going to risk my profit and as well as the bankroll that I got because I'd done that before and it looks like I'm a bit luckier by that time.

However the results is the past is not a good basis for the future, we might be lucky in the past but we do not know the outcome the next time we gamble. One thing you have to be sure of is the amount you want to achieve, do not seek more and more as you will run out of luck and you would not want your effort and time wasted getting nothing in the end.

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Quote from: blackhawkeye1912 on February 16, 2017, 02:26:34 PM

Quote from: Ecxz on December 09, 2016, 09:53:01 AM

When you guys are gambling and already doubled your bankroll, do you still play with the whole money you got or you take away half of your bankroll and start playing with your profit or not?

I will still continue to gamble but I'm not gonna use my winning amount that I got in the games only the half budget balance in my bankroll which I gonna gamble it again.

Opposite thing as what I'm going to do. I'll use my profit for the next bets that I'm going to do or if I wanted to make some risky move, I'm going to risk my profit and as well as the bankroll that I got because I'd done that before and it looks like I'm a bit luckier by that time.

Junko

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Until I reach my stakes/bankroll goal, all my profits get added back to my bankroll. The goal for me is to build up my bankroll enough to play at a certain higher stakes. Not there yet, but when I reach and maintain that stage, that is when I will start taking out my profits.

Topic: Play with your profit or not? - page 69. (Read 34093 times)