Yes, it is a fact, however, stopping at the right time is always a must-have skill for a gambler, because that action is the same as you prefer to prevent than cure and of course it is much better than in the end you experience and feel significant regret when it turns out everything is lost again.
But in most cases, gamblers always find it difficult to apply the idea, and I think it is clear that the reason is because they cannot ignore the greed in their minds so that in the end the previous winning amount is lost again, therefore this is why being aware of the potential dangers of greed must be owned by every gambler.
Yeah, but the thing is that mathematically speaking, the right time to stop is at the start.
It makes no financial sense to gamble at casinos, because you are expected to lose money overall.
But people still gamble, all around the world, and they will continue to do so.
Therefore, when is a good time to stop?, it depends on each person's goals really, because they will lose money anyway.
I always look for an excuse to chase my losses in the past because of addiction and that got me into a big loss but currently I can stop gambling the moment my budget is exhausted for the day due to the lesson I learnt from the pass. I