Topic: Use your winning responsibly - page 14. (Read 2409 times)

Random temporary memory loss is the explanation for the more intense moments with gambling, the habit of most gamblers is that they like to nurture their efforts and achievements, the law of conservation is the thing that they have the least access to because it is inherently true that more money will bring even higher values, instead of small things, people are more paranoid about big things. In the end, magic or miracles cannot give them too much power, there is no responsibility for achievements and also reduces existing responsibilities.

I agree with you, someone who has the mindset that of course they will gamble responsibly, therefore they will cash in the winnings that they have obtained, because there is no other choice, in my opinion cashing out winnings is the most correct way to win. that way we can buy or spend it on the needs we want like OP. This is not easy to do and not many of them can cash out their winnings.

by cashing in the winnings, if they want a bigger profit, they can invest it, because investing the winnings is not wrong, but it is a smart action, also by gambling of course we have to be smart, and maybe the enemies of the casino are people who gamble with responsibly, they are not easily tempted to continue the game by increasing the bet amount when they have won.

try to gamble smartly, don't be like most gamblers who can't control themselves which causes them to suffer big losses. If you have won a profitable win, please withdraw it immediately and go to enjoy the winnings you have won.

Congratulations guys! I know some of you here experienced the same with OP. 😁 I wish I can also experience jackpot winnings through gambling one day. I never have tried to win that big before but instead got a few bucks from a 3 digit lottery. That is a wise move of you OP to buy or invest in something from your winnings though it is liability but yeah what's important is you have now your remembrance. You and your family can now enjoy a much better entertainment experience with your new TV.

As far as I'm concerned gambling is responsible it creates more urges to win in the mind which lead to losing rather than winning. Even with intelligence the chance of winning on the gambling stage is very less. All gamblers do not win in the same way. Take more responsibility so that responsibility becomes senseless and then there is no way but to regret losing. The number of gamblers who have won by playing responsibly is small though.

I congratulate you for winning back to back especially with such numerous selections on a single ticket. The amount is really a decent one that someone should be able to do something reasonable with it despite the currency has lost its value. It's good to have plan for any of our winning if the amount is decent like this but looking at it from another angle, it might be harmful to our emotions. Planning on how to spend the money won should always come after the winning and not before the winning.

It's always a risk when we gamble and anything is capable of happening. I don't want to imagine losing after when you already planned how to spend the money. The trauma and depression with imaginations will not allow you to get over it quickly. We should be aware of the emotional impact of losing and never be too concern on how to spend the winning when it's not yet arrived. Ideally, when spending the winning wisely, it should be on something that can shape your future and not on luxurious. Bitcoin as you mentioned in your post is a good example of where we can spend our winning on. Also, While spending wisely, set aside so money to have fun because that is what gambling is all about.

One thing that should be remembered about using one's money wisely in gambling is that, you may never have that same opportunity of winning again and if you never used it well on something valuable, it will be what you can always regret about in life for missing such opportunity, as we all know, to win is not easy neither is it a common thing to achieve, you can be gambling between now and the next few months and never win or only have the small chance of winning little amount of money lower to what you're gambling with as stake.

At least, OP, you have a memory or souvenir of what you won in gambling and how many years you will be able to benefit from it. I hope the opportunity or time does not come when you have an addiction to gambling and you always lose and rarely win. You can sell the television that you bought because of your gambling, and then you will eventually sell it so that you have the money to gamble.

As for my experience, when I won gambling, I bought a supply of groceries for 1 week, and I also paid the electric bill for 1 month and the water bill as well.

You have really done well by using your money wisely. its also a sign of challenge to other gamblers out there who win big and alway gamble at lost to casino due to greed. The Most fascinating thing is to win and use the money wisely. Most times people are carried away by their emotions always having that thought that says continue playing you will might win the more, and we end up losing to a wrong decision but nevertheless I love what you have done because it will also change the mindset of people about always gambling without a rethink of investment or owning a property. Once again congratulations to your big win and also to your achievement.

You have really done well by using your money wisely. its also a sign of challenge to other gamblers out there who win big and alway gamble at lost to casino due to greed. The Most fascinating thing is to win and use the money wisely. Most times people are carried away by their emotions always having that thought that says continue playing you will might win the more, and we end up losing to a wrong decision but nevertheless I love what you have done because it will also change the mindset of people about always gambling without a rethink of investment or owning a property. Once again congratulations to your big win and also to your achievement.

Its true that those money are free ones but people dont think that they've been risking their own money to earn something but if you are someone whose really that thinking about playing gambling for the sake of fun then you would really be definitely be spending it again back into the casino or simply in gambling but if you are someone who would really be that making wise decisions then you would really be trying out to ensure that you would really be that be buying up something then it would really be just that depending into someone. Being responsible would really be the key for you not to make yourself get wrecked with gambling.
This is why it would really be that important that you should really know on how to control yourself.

This is why there are people who do really love on buying something with their winnings on which they are really that making some assurance at least
that they wont really be losing it all back into the casino on which i could say that it is really that a good thing to have.

Not all gamblers spoil themselves that way upon winning big, some would drink, gamble more or spend it to something else. It's nice to be able to invest your winnings to something you can use or invest something at such as what you did. I used to spend some of my gambling winning to buy my self something nice, groceries or even pay my bills. However, you should not celebrate too much as we know that we don't usually get the outcome that we want when we gamble and most of the time we lose money. So if you were to spend it, make sure it is something that you'll be happy about.

This is truly something meaningful. I think gambling community should understand that we are gambling mainly to make money and its wise to spend that money for goods we desire. World of gambling is working like that. Some gambling addicts keep winning and losing without buying anything meaningful. So in the end time would be wasted and things you desire will all be lost / or not even acquired. Its best to spend some of your winnings.

The moment a gambler win, it's really important to know where will the winnings be allotted. A responsible gambler has goals. If you are the gambler that has been betting and playing because of additional income, then most likely you will be ecstatic to win a huge amount. Prioritizing where your money will go will make a big difference in your lifestyle, not only in the present but also in the future if you will make the right choices.

Investment is one thing that could be on your list on where you'll spend your money. Having an investment is a good thing especially nowadays because inflation is high. Having an investment that could grow passively will be ideal to safeguard your money from running out and at the same time, saving it from being deflated over time. Storing your money in a bank with low interest won't really be beneficial to you because you could even get lower amount than you saved due to bank deductions or you can get an interest, but only minimal. So putting some into a really good investment will make your money work for you and generate income for you without exerting much effort.


Spending money all out just because of winning huge should be a no-go. Recklessly spending will just bring you into bankruptcy. When time goes tough, you have nothing left if you will be irresponsible of your winning prize. So be smart and live within your means only. Do not gamble excessively when you win thinking you can chase winnings. Because it doesn't work like that.

That is why it is always a good practice to stop immediately after you hit that big win or at least to play like no more than just a bit over that level and then withdraw the funds.If the person keeps playing chances are high that he will lose as most games are programmed to start collecting money back after they have given a huge win to someone and that is the default behavior of many or all slot providers for example and rare are the case when a slot to give 2 max wins in the same play session so it is better to stop playing after that huge win.

Congratulations! As important as it is to manage it wisely now that you've reached this important goal. As much as you want to treat yourself, it's smart to look for ways to spend your money instead. To be financially healthy in the long run, you should spread out your money and not put it all back into gambling. Smart choices, saving money, and looking for ways to grow are all positive things to do. Not only will smart money choices protect your present, but they will also set you up for a better future. If you want to get the most out of your wins, remember that planning is key.

No one has cancelled "easy come easy go" rule. I know a lot of people, who consider amount won as free money (and they dont care that they have lost previously). What does a person who gets a significant amount of money all of a sudden? He celebrates. And to do it, he spends unwisely by making often ridiculous gifts for himself. But we are slowly turning this topic to responsible gambling.

Frankly, I did not learn anything new in this topic, nor saw something new. I just want to focus on people should be more responsible to money in general. Not in gambling, not in investing or crypto, or earning only, but in general.

I get that point and you needed to take into account when you manage to win, I also have some friends where when they win they just use it to enjoy and they spend it with each other not to think about those money that they lose before, not getting the point of celebrating, it's only going to be responsible if before you spend those money you should be able to save some for emergency or for investment.

Not everyday you'll going to have that opportunity as gambling is mostly depends from luck and good management of your bankroll.

I know that when a person earns some money from gambling, he spends the money on bad things. We should always gamble with calculations and try to keep calculations. I have seen some of my friends who gamble a lot.  Wasted money besides spending a lot of money they don't account when spending money for which they now have to get into a lot of debt.

That means they have to really try to control themselves and suppress their greed so that it doesn't take over and tell them to continue gambling. Those who don't care about the losses they have experienced will just continue gambling without stopping for a moment because they feel that their luck will come soon, even though that's not what will happen. They won't get their luck because no one knows when their luck will come and give them a win.

However, we must be able to control ourselves when gambling so that we don't have the goal of chasing a win, which will be difficult. Having a winning target will only make it difficult for gamblers because they have to chase that win. Even though they use a lot of money, it doesn't guarantee they can win. They have to be smart in using gambling just for fun and not chasing those winnings because if they do, they could end up losing a lot. Many gamblers do not realize that they have lost a lot and instead continue gambling to keep trying to chase their winnings.

That's right, it's their greed that they have to overcome, because many gamblers don't pay attention to this, where they gamble without caring about the losses they have received, so they still decide to gamble because they feel that their luck will soon be on their side. There are also some of them who believe in big wins after the many losses they get, but in my opinion, even if they are old, if they don't have luck in gambling, they won't get big wins.

Controlling yourself from gambling is easy to say but difficult to practice, because there are people who gamble and change their goals when they gamble, where they have a target before gambling but when they win, their goal might change. This is due to the factor of greed,  even though if they follow their greed, in my opinion this will only lead them to defeat which of course will eliminate the victory they have previously obtained. In my opinion, we have to be smart when gambling, when you get a profitable win, immediately cash it out and leave gambling, and when you lose, it's better to stop, don't assume you can recover the losses that have occurred, that's almost impossible.