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Topic: Use your winning responsibly - page 16. (Read 2405 times)

hero member
Activity: 2366
Merit: 594
January 08, 2024, 08:18:34 AM
Congratulations on your win and how you spent it wisely. It is memorable for sure because as the years go by when you see that television you will say that you bought it because of your winnings in gambling, it recalls your winnings and how you spent them. I haven't tried to win that huge amount but I always buy food whenever I win or eat at a restaurant just to treat myself and make my stomach full. I do hope others will do it too but there are only a small number of people doing that as others will re-bet it.
hero member
Activity: 1918
Merit: 564
January 08, 2024, 08:12:27 AM
You think buying bigger hi res TV as a responsible way of spending?

I see spending money items that we use for entertainment to be irresponsible but that's my opinion and your money you have the way of spending it. But ask again, you are going to make your life better if you see big pictures in a TV or if you invest on something that may give you returns later. Smiley

Not really, it depends if the person can afford the entertainment or not.  If a person need to borrow money to buy his entertainment item then that is very irresponsible of a person but @OP don't borrow the money, instead he used his winnings to buy the item he wanted.  It is a free money that he bought for his entertainment and I do not think that is an irresponsible act.   It can be considered  a better way to spend his winnings than losing it all to casino.  But of course there are better ways of spending the money like what you have stated but a comparison between what @OP did and losing the money back to the casino, @OP did the better thing.

I do agree that we have to live our life and for that money is the most important thing. Wink

One of the important thing probably but not the most important thing...
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
January 08, 2024, 08:02:29 AM
As for reinvesting money, some people are too obsessed with it to the point that they only reinvest and never afford anything, then one day they realize that what they wanted all along they actually don't need anymore. Life is too short and every day can be our last - that's why I say "Memento Vivere".

Having a million dollars and buying a high-end tech is really different from having $100 as a bank balance and buying $1000 worth of TV. You are talking about the former but I am talking about the latter which is the majority who are unaware of financial independence get caught up in the consumerism trap and they work all their life to make someone's bank account get fat.

I do agree that we have to live our life and for that money is the most important thing. Wink
hero member
Activity: 1260
Merit: 561
Leading Crypto Sports Betting & Casino Platform
January 08, 2024, 07:18:11 AM
As you are gambling, make sure to use the money won to do something that you will be proud of and happy about. You can invest some in Bitcoin, buy properties, etc.
Do not use all the money back to gamble, that's not wise.
This is true. If you are one of the gamblers out there who is fortunate to win in gambling, think smart by withdrawing your profit and use the money to buy something good for yourself. It happened to me before as well, though the amount is not that huge. Just enough to buy food and some nice clothes. Well, it's been a while now since I last win in gambling. Anyway, congrats for winning and spending it for something useful for you. That's a wise decision.

Winning in gambling is not simple and when we win it's interesting to celebrate in any meaningful way that can improve our gambling experience. If you play gradually and follow some ethics you could win again. It's rare to find a gambler who haven't won some significant amount in the past. What matters is the consistency, how often the player wins. Gamblers who have other utilities that interests them are to be encouraged to maintain such attitude. Because as gamblers we need not to be intrigued by gambling alone. Switching interest within intervals helps us to escape addiction. A player like Op would hardly get addicted because he have other things he needs to add to his living room. Hence, he doesn't think about gambling alone, or investing his winnings back to gambling. Using our winning responsibly is a crucial aspect of gambling, every gambler need to adapt, instead of wagering all on gamble at once. Splitting it helps in maintaining our bank roll.
hero member
Activity: 3010
Merit: 629
January 08, 2024, 07:00:16 AM
As you are gambling, make sure to use the money won to do something that you will be proud of and happy about. You can invest some in Bitcoin, buy properties, etc.
Do not use all the money back to gamble, that's not wise.
This is true. If you are one of the gamblers out there who is fortunate to win in gambling, think smart by withdrawing your profit and use the money to buy something good for yourself. It happened to me before as well, though the amount is not that huge. Just enough to buy food and some nice clothes. Well, it's been a while now since I last win in gambling. Anyway, congrats for winning and spending it for something useful for you. That's a wise decision.
hero member
Activity: 2688
Merit: 540
DGbet.fun - Crypto Sportsbook
January 08, 2024, 06:59:28 AM
This «use winning responsibly» only works when you win a large amount of money. For example if you win x10 or what your deposit, then it might you should be considering being responsible. But if you deposit $10, win $5 and withdraw $15, then what? Go to shop and buy food that wont expire for long time? Make investment? Or buy medicine for example? Imo with small winning people would be always irresponsible, no matter how financially educated, experienced in life or smart in general they are.

Finally I see a different situation by reading the ideas you convey, honestly I quite agree with your statement that the situation experienced by the OP is only when we are really lucky and then consider choosing a more appropriate and wise decision by prioritizing cashing out the winning amount, this is a situation where gamblers manage to get a big win which means several times the amount of capital they bring. But on the other hand, this wise consideration I think is quite difficult for them to choose if the winnings are not much, they will think and assume that "this amount is meaningless" even though basically it can also still be called a win and the difference may be only a small amount that is visible.

In situations like this I'm sure that most gamblers would prefer to prioritize greed over cashing out, honestly on the other hand maybe I will also admit that usually I will decide to cash out when I get a return with a percentage of 100%, for example bringing a capital of $10 and if for example it increases with a win and reaches the amount of $20 then usually I agree with myself to cash out.

Of course we should congratulate OP with turning 8k NGN into 328k NGN, but what he tells is rather obvious thing. If you win large amount, dont spend it stupidly on things you dont need. I think everyone would the same, buy something reasonable. For me this topic looks like "I bet, I win, I bought". Nothing to discuss for 5 pages.

Yes, the OP is lucky, shared his experience. But where is responsible gambling here, that OP is talking about? Placing 8k NGN with +73 odd looks irresponsible to me, as this is super risky.
Winning on gambling does give out that kind of good feeling but on the time that you would really be that wise on taking assurance into those winnings that you had taken.
Buying up something that you should really be that wise considering that you might be losing back those money back again into the house if you do continue on playing gambling.
If you are really that wise then it would really be just that common that you would really be buying up something came from on your gambling winnings on which this would really be like a remembrance into the winnings that you have got on doing gambling.Yes, it might be that giving that kind of hesitance because you would really be using those amounts for
doing gambling even more but at least you have assured out on buying something that you could make use of.
full member
Activity: 160
Merit: 84
January 08, 2024, 06:38:36 AM
Bro, congrats, but you still need a lot to do in that living room...lol. I hope you can win more next time to give me the contract. I got you. Wink

Sure, I have plans of doing more. I've always wanted to change my television and I used this chance for it. Hopefully other winnings will come and I will use it to decorate my living room.
legendary
Activity: 2492
Merit: 1215
January 08, 2024, 04:34:53 AM
This «use winning responsibly» only works when you win a large amount of money. For example if you win x10 or what your deposit, then it might you should be considering being responsible. But if you deposit $10, win $5 and withdraw $15, then what? Go to shop and buy food that wont expire for long time? Make investment? Or buy medicine for example? Imo with small winning people would be always irresponsible, no matter how financially educated, experienced in life or smart in general they are.

Finally I see a different situation by reading the ideas you convey, honestly I quite agree with your statement that the situation experienced by the OP is only when we are really lucky and then consider choosing a more appropriate and wise decision by prioritizing cashing out the winning amount, this is a situation where gamblers manage to get a big win which means several times the amount of capital they bring. But on the other hand, this wise consideration I think is quite difficult for them to choose if the winnings are not much, they will think and assume that "this amount is meaningless" even though basically it can also still be called a win and the difference may be only a small amount that is visible.

In situations like this I'm sure that most gamblers would prefer to prioritize greed over cashing out, honestly on the other hand maybe I will also admit that usually I will decide to cash out when I get a return with a percentage of 100%, for example bringing a capital of $10 and if for example it increases with a win and reaches the amount of $20 then usually I agree with myself to cash out.

Of course we should congratulate OP with turning 8k NGN into 328k NGN, but what he tells is rather obvious thing. If you win large amount, dont spend it stupidly on things you dont need. I think everyone would the same, buy something reasonable. For me this topic looks like "I bet, I win, I bought". Nothing to discuss for 5 pages.

Yes, the OP is lucky, shared his experience. But where is responsible gambling here, that OP is talking about? Placing 8k NGN with +73 odd looks irresponsible to me, as this is super risky.
hero member
Activity: 1092
Merit: 507
Leading Crypto Sports Betting & Casino Platform
January 08, 2024, 04:30:09 AM
In fact, if we do win from gambling, the best thing is to cash it in, even though the winnings are not much, but in my opinion, the best option is to cash in the winnings and go enjoy it, because there are people who gamble and when they win, they don't cash it out because they don't feel like they have the desire. to buy anything, so they decide to continue the game and in the end they lose consciously thinking that they can spend their winnings on whatever they want, but it's all just nonsense. I'm fed up with hearing things like this that are always said. by my friend while gambling hahaha.  Grin

and in my opinion what the OP did was the right action, because even though we don't have the desire to buy something, at least we have to be smart in gambling, where if you do get a win, it's better to cash it out to be safe, it's better that way, rather than continuing, it's not necessarily true. will win again, because by continuing the game the chance of immortality is still there.
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
January 07, 2024, 03:56:42 PM
#99
Congratulations on your win, mostly for the new TV that you invested in. Am sure you had your eyes there already, hence why when the money came, you knew exactly what to do with it.

The wins for everyone is always different, because while some win big like yourself, others may win smaller amounts that may only just be for entertainment or feeding or for pressing bills.
Still, it is good advise to use every winning to the best possible advantage because it doesn't come always.
If you are someone whose really having those kind of likes and wishes before you do gamble then most likely you would really be ensuring on buying it once you do have the chance on doing so or simply on the time that you do able to have some money and since you are playing gambling then you would definitely be considering on buying one once you would really be having that kind of chance on which i could say that
it is really that a wise action on which you are really that making yourself ensuring that you could see something basing up on your gambling winnings on which it is really that worth rather than on making
yourself that losing it back into the house on which we know that it isnt really that good to look on. It would be always best that you should know on how to prioritize things
so that you wont really be having those kind of regrets.
full member
Activity: 952
Merit: 232
January 07, 2024, 03:05:24 PM
#98
Congratulations on your win, mostly for the new TV that you invested in. Am sure you had your eyes there already, hence why when the money came, you knew exactly what to do with it.

The wins for everyone is always different, because while some win big like yourself, others may win smaller amounts that may only just be for entertainment or feeding or for pressing bills.
Still, it is good advise to use every winning to the best possible advantage because it doesn't come always.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
January 07, 2024, 02:56:39 PM
#97
Bro, congrats, but you still need a lot to do in that living room...lol. I hope you can win more next time to give me the contract. I got you. Wink

Jokes apart, you make a whole lot of sense there, many would win big and commit a big amount back to gambling, if not all. That is just foolishness. No one is stopping you from gambling again but it is wise to remove most of the money and continue gambling with the rest. Yours is TV, to others, it might be anything else. Investment is another good option, it could be online or offline, that is how someone plans their life not just living anyhow and believing everything continues to go smoothly, never.
If the win is big enough to buy a product that you wanted, it makes a lot of sense to use that money to buy it, as even if we are all here because we enjoy to gamble, at the same time those are experiences that only last a few moments, while buying something out of your winnings allows you to experiment the benefits of your gambling profits for years to come, so I think the OP was right on spending their money this way.
hero member
Activity: 574
Merit: 554
Leading Crypto Sports Betting & Casino Platform
January 07, 2024, 02:45:24 PM
#96
This is indeed a motivation for me and other gamblers to use our wins wisely. Some gamblers will spend wins on unnecessary things because they see the win as free money but they forget that they had been losing before now. It is common for businessmen to establish drinking bars close to these casinos because it is common for gamblers to buy beers for almost everybody in the physical casinos. Others usually gamble off the win because they expect to win something bigger than what they have won so they keep betting until they lose all.  So I am very pleased to see that the OP has used his win judiciously by buying an electronic property.  

This is also a testimony that we shouldn't wait until we win big before we maximize the win. We could use little wins to satisfy a need or even use it to start a business. Congratulations OP on your win and I wish you more wins because I assume that you will still put it to good use.
hero member
Activity: 826
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Leading Crypto Sports Betting & Casino Platform
January 07, 2024, 02:36:43 PM
#95
Bro, congrats, but you still need a lot to do in that living room...lol. I hope you can win more next time to give me the contract. I got you. Wink

Jokes apart, you make a whole lot of sense there, many would win big and commit a big amount back to gambling, if not all. That is just foolishness. No one is stopping you from gambling again but it is wise to remove most of the money and continue gambling with the rest. Yours is TV, to others, it might be anything else. Investment is another good option, it could be online or offline, that is how someone plans their life not just living anyhow and believing everything continues to go smoothly, never.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
January 07, 2024, 02:25:05 PM
#94
In fact people use money according to their needs and buy their essential goods in bulk. There are many people who can't do anything even after making a profit from gambling and at the end of the day they just feel that their needs are empty. Because their goal is to gamble again with more money after winning so that they can earn big money. Your strategy is correct so you spend your winnings on other things. This year i used gambling winnings to pay off a new bike and loan that i really needed. However this year i want to buy a house and for that i am gambling a lot of time and money but of course i want to do everything responsibly.

Yes, indeed,  this kind of mentality will give you some rest as after winning,  using that profits to something that will give you joy is definitely a good idea, instead of keep pushing for more and trying to add more money,  using it by means of treating yourself or enjoy the winning profits with your family or friends is something that also will refreshen  you.

Not all gamblers have that same thinking most are aiming to win more instead of leaving the casino and treat himself out, end of the day,  the money that won won will dissappear and be back to the house..
hero member
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DGbet.fun - Crypto Sportsbook
January 07, 2024, 02:19:31 PM
#93


Do we still need to tell people to use there winning wisely? Even though we keep telling gamblers continually, everyone would always want to go for there own decisions and that would never make a change. It is very important for us to know what we are doing and make sure that we don't keep doing something that will keep us under the carpet. Gambling could look like fun to us when we need making profits but others that are losing are never looking with it. They'll want to get their initial capital back and leave gambling. That is what is going on in some gamblers mind because they can't just keep losing everytime with remedy that will attract some winnings to them.


The ego based gambler will share their winnings to his friends often to keep them upward in his opinion.But the fact is by doing the same thing the gamblers may loss the money by giving the credit to their relatives.Because most of the people will ask you credit on their demand by knowing you continuous money from the gambling site.So the gamblers should do the hide of the winning to two of their contracts one is their relatives.Because the relative are the one who seek the money demand on you.The second person are you friends,it doesn’t mean the true friends.Because the true friend will know your money demand after your winnings from the gambling site.The gamblers should play the game and withdraw the initial with certain profit most of the time.
hero member
Activity: 1036
Merit: 625
BTC, a coin of today and tomorrow.
January 07, 2024, 02:17:43 PM
#92
A wise use of winnings - especially winnings large enough - is not to spend them, but to maximize them by investing them in reasonably sound businesses, or simply putting them in the bank, earning interest on them. Otherwise, the money will come and go as quickly as it came
Do we still need to tell people to use there winning wisely? Even though we keep telling gamblers continually, everyone would always want to go for there own decisions and that would never make a change. It is very important for us to know what we are doing and make sure that we don't keep doing something that will keep us under the carpet. Gambling could look like fun to us when we need making profits but others that are losing are never looking with it. They'll want to get their initial capital back and leave gambling. That is what is going on in some gamblers mind because they can't just keep losing everytime with remedy that will attract some winnings to them.
Congratulations to OP for a wise move and decision unlike what many gamblers will do. One thing about many gamblers is that they believe that the money won in gambling is a free money. This believe is not a good one. Immediately a gambler with such mindset wins a game, he will immediately use all to re+gambling or visit a bear parlour. They spend their winnings any how they like as if it is a free money while forgetting how much they have lost before being lucky to have a win.

Nothing is sweeter than to see a property you bought with your gambling winnings. Even at the period of losses, when you see your property, you would be consoled.
hero member
Activity: 1484
Merit: 928
January 07, 2024, 02:16:44 PM
#91
As you are gambling responsibly, also use the money won responsibly.
I won 328,000 from Sportybet. It was a running game that finished 3 days ago and I decided to use the money wisely. I had a small television in my living room so I bought a Smart TV for 307,000  I am so happy seeing this in my living room.
Congratulation on your win! When gambling, the best thing we should always do is make sure we use our win well. Some people will gamble, and after winning, they will still end up wasting the money on gambling. They will want to increase the money they have won,  and in the process of doing that, they will end up losing everything they have won previously. Some of them will end up spending everything on alcohol. So I like your idea that if you win any amount, then make sure you get yourself anything you want at that particular period of time. I think that’s just the best.
hero member
Activity: 2282
Merit: 560
_""""Duelbits""""_
January 07, 2024, 02:10:31 PM
#90
The OP's smart strategy and indeed something like this that all gamblers should realize because even if we are a gambler but that does not mean we have to spend all the profits we have just for gambling alone considering that in this case there are several things that can be done too because after all it is an advantage for us so use it as best as possible in the needs even though not everything is taken but at least if we can take to buy some things we want why not.

Whether it is responsible or not I don't really think the word is appropriate in that case but it is indeed one of the smart ways to do it because with this we can know that sometimes you can also use gambling for your own benefit rather than just spending all the profits you have in previous bets just for lust in gambling.
hero member
Activity: 1652
Merit: 518
OrangeFren.com
January 07, 2024, 02:10:03 PM
#89
A wise use of winnings - especially winnings large enough - is not to spend them, but to maximize them by investing them in reasonably sound businesses, or simply putting them in the bank, earning interest on them. Otherwise, the money will come and go as quickly as it came

The gambler who make the winning more in the gambling site,should withdraw the funds immediately.Because after the winning,if the gambler play for the longer duration in the casino game.This will make you loss most of the time,the important skill of the casino player is he should ready to quit the game with the specific percentage of profit,if you become greedy in the gambling and special on casino will leads to the gambling loss.The ego should be handled by the gambler who play for the long duration in the gambling site,in some point you will try to fight for the game win from the gambling side using the self ego which leads to the loss.
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