Topic: Use your winning responsibly - page 3. (Read 2409 times)

Alot of gamblers has won something more than this and today now, they have nothing to write on their past winning experience because they mismanaged the money and everything fade away like the grass cut away, if we make winning with our money while gambling, then we should plan effectively on the utilization of the money in other to have something to fall back on in the future, we shouldn't expect the same opportunity coming repeatedly, it may be once in a lifetime, some have taken time in making investment with their winning fund on gambling and that has been the reason for a positive change in their lives.

I agree to that, the money that you already earn is best to be kept instead of pushing forward, but just like what you said most of the time whenever a gambler have that same opportunity, instead of quitting they tend to continue thinking that it might be the day that they can recover those previous losses or they wanted to earn more so they will keep trying but all of the sudden, instead of making money they again send it back to the house.

With series of losing streak those money that supposedly they earn will eventually being suck back by the house, and worse things happen that they lose also their bankroll.

So, with the way OP manage to wisely stop and use the money to bought something that will reminds him with that lucky day that happen to him, very wise decision.

Hopefully, he can make good use of his victory. Usually, people who win a lot of money from gambling will forget to control their desire to buy things they have wanted for a long time. He will go crazy buying these items without caring how much money he will use.

Those who win a lot of money from gambling must be able to use their money properly, including to prepare for their future. This is important because the amount of money they have should be able to help them improve their lives. That is why they must be able to plan what to do after their victory.

Hopefully, we can also use the huge amount of winnings well if we manage to win a lot of money. Earning a lot of money from gambling can be a way to change our lives for the better.

That's because most of the time, not all people that win in gambling don't win like OP, they are plagued with the mindset of having to chase their losses because they don't want to end their game at a negative even though they've already got the win. In regards to the thinking about prioritizing the stuff that needs priority from the wins, that's not really the first thing that you would think about whenever you're gambling and you've made a win after a series of losses, you're going to be thinking about breaking even or something like that, definitely a good decision for OP to do it, I think that it would be stupid of OP to do anything other than this one, the money is worth more than the regret that would come if OP continued.

It requires discipline to do this. Withdraw and buy something that will ease your life.
I also won something great just a few weeks ago and I have done it twice so I got good money now that I withdrew and so I asked my wife what she needs at the house and then I surprised her when she got home that the item she asked for is already in our bedroom.

Sometimes, all we need is that mental push that we should get out and withdraw our money so that it won't be wasted in playing games again. Because next to a big win is losing and you are right, that casino will just try to get it all back so the best way is to take advantage of what you win and enjoy it for yourself or your family. Somehow, I made my wife happy with what I did and she even asked where I got the money so I told her honestly how much I won. 

Yes, when gamblers win, they feel a lot of love and they become more motivated. And they decide to bet bigger amount with them instead of withdrawing their winning amount because they think they will win bigger later if they bet bigger amount.  Thus they cannot keep their winnings. They lose them again. For this, every gambler must have a gambling winnings obligation to withdraw a part of the amount they win to invest or use it on any particular need. then they won't suffer too much. However, most gamblers cannot do this.  Because every gambler falls into the emotion of greed

That's true , most people are always greedy to theirselves, because most time alot of people will make some nice win from their gambling sections instead of using the cash to do something important, they will stake all they have won at that moment Inorder to make more, which is kinda greedy . And most time they will endup Losing everything.

But when you use yah cash to do something important, you will feel motivated that you are actually using your win to coverup some important stuff like using it to take care of yourself more .

First of all congratulation to your winning so many people don’t usually use their winning very well and they don’t usually do something important after winning and they feel like complain is not something useful because some people have this mentality, but they have lost a lot so whenever they win, they just feel like they will not use the money for Import stuff. It doesn’t make sense make use of your money properly do the writing thing and it, so once again, congratulation for your winning, you made the right decision and it’s good for you

At least the OP has had a good idea and used the money won responsibly, with so many gamblers who when they win think they are on a roll and keep betting to lose what they have won and more.


I don't think it's a question of being an old gambler or not, but of having knowledge. Many times you are not going to win, so when you win a significant amount it is better to take it out of the casino and spend it on something useful.

If you are an old gambler that really knows how much losing means then this will be applicable because for sure you also knew how to manage spending your winning.
but if you are just a regular gambler that still hunts for luck to be with your side then I believe that all these winnings will go back to the casino for losing , because the easy you win is the easier you will spend.

That's very true because with the winning money, we can share what we have and that will certainly bring happiness to them. We can use the money for our benefit, but we also have to see and help if there are people who are having financial difficulties. There is a relationship or bond between us and them that can be established well and later it will also provide good things for us and them. Getting a win from gambling is indeed a rare thing, but when we get it, it will be fun, especially if the winnings are very large. We just try to use the winnings responsibly.

People who are wise in their thinking will certainly not waste the winnings they have obtained. If they have already won, I think that with some people who continue to gamble, they are thirsty for even bigger wins, whether they realize it or not, the risk of losing is certainly greater. big, but their greed succeeded in making them take actions that took great risks. We have to be smart in gambling, knowing that wins are rare or luck that rarely happens, we have to take advantage of those opportunities, by, as you say, stop gambling or the mentality of greed will lead us to things we don't want.

When you win, the choice you have to make is to stop, cash out and enjoy. If you still want to gamble, it's actually not a problem, because that's everyone's right, but I sometimes get annoyed with my friend who gets a win but still continues gambling, so that when the winnings are gone he says "if the winnings had been withdrawn, maybe I would have I can buy what I want" just goes on like that. That's the regret that always remains at the end, there's no point in saying like that.

It is really that totally that foolish to think about on doing gambling despite on having no work or having no business that could sustain. On where you would really be getting those funds for you to gamble? Take some loan?
You are just basically trying out to shoot yourself on your feet on making up those decisions. This is why if you do tend to make gambling as your leisure or entertainment thing then it would be just that normal that you would really be having that kind of consideration before proceeding. On the question about those winnings on which you should be that responsible then its not something that all would really be able to pull through.
Why? Just like been said by most people is that on the time that you would really be able to win up something then it cant really be avoided for you not to think that you might win up even more.
Instead on securing your profits and buying up something or make use of those amounts into something worth or good then you would be spending it up back again into the house.
Some do even think that its easy to make money with gambling therefore they would be spending it up so easily too but thats a wrong mindset or belief to have.

I feel like those that's not having a good job or business can't afford to gamble every day, the more a gambler have an investments that's the more they gamble. But it's quite funny how some people gamble and win big money but don't use them to invest or buy something, to cover everything up, to do something very important. Although it's truly depends on the actual amount of money the gambler win and how come the gambler gets the money he use and gamble with. Exactly, a gambler that uses money that's ment for something else to gamble and he/she wins, he can't use the money properly because the mindset he has to use money for something else for gambling, that same mind will enter him and he will still gamble to lose the money he managed to win.

It requires a high level of luck for someone to be traveling and then being able to win something significant from gambling because that would help a lot with your travel expenses .

I believe there is also nothing wrong if you are using your winnings on food or other stuff that you enjoy because at the end of the day, you are having a good time which is better than using the amount on gambling again and possibly losing it.

A lot of people save their winnings because they have been planning to buy something for themselves or someone close to them, this is another good way to use the winnings if you know you are winning something good constantly.

It depends on the investment used, because to gamble a gambler needs funds as soon as the newly set aside funds have run out. And when the price of what you invested drops after you put your winnings into that investment and you want to take it out just to gamble, will you still take it. Or you will postpone your gambling activities to wait for the price of the investment you are investing in to rise in price so that you can cash out a little money to gamble.
So in my opinion, if you have profits from gambling to invest, you should not take it if you want to gamble because gambling activities are unpredictable but most gamblers gamble often. And if the funds for gambling only rely on investment because you feel there is winning money in it, then your investment will only fail because any investment will not produce profits in a short time, even every day.
It's a good idea to set aside some money for gambling and also for investment, and after that forget about the winnings that you have put into your investment. Apart from that, buying things you want or to make your family happy and also fulfill their needs is also good. And the most important thing is that you have set or divided it into a gambling fund for several days, weeks or months for your gambling activities and also a fund to invest.

Sometimes, if I see the amount of money that people pay for electricity bills, I see this part of the world that I'm residing in as a cheap place to stay. 
 
By the way, everyone has their own pressing needs; I can't recall which of my needs I have used casino winnings to pay off recently.
 
But if I could recall very well my last small winning from the try your luck game I played sometimes last week with little balance on one of my casino accounts, the winning helped me a lot to refill my WiFi monthly' subscriptions, which I'm still using till now. 

How to use gambling winning depends on the amount involved. If the winning is big, the best way to use gambling winning is investment in something that will bring more money. This way, you can sustain and fund your gambling from the proceed of such investment. Buying other things that does not generate income might be good for some people but not always great because the challenge of most gambler is the capital. It is usually very frustrating to fund gambling with money meant for other items, so I feel the ideal way is investment so that the gambler can remain liquid and will not be bothered much if losses strikes because he has something to fall back to.

We can use the winning money to make our family or relatives happy, some gamblers suggest that we should add the winning money to the main financial allocation and never claim that the funds can be used for extravagance that is not useful for main needs, I have followed that advice from the winnings a high that had been reached several months ago and I had used the funds to the maximum only for family needs, but I only added part of the budget for gambling activities the next day. If I lose from gambling, the loss will not be higher than the total gambling winnings I have had in my betting history.

A gambler must have a clear goal why he gambles. If he gambles to earn extra income I don't think it's a wise decision. If you say about buying something at home from gambling money, of course it can be done if you have a big bet, or you collect from your small bets. I think you mean winning the bet in 1 or 2 rounds. If yes then you can do that if you have a big bet. And it's impossible to do if you have a small bet. But I think it is important for gamblers to have several options in managing their gambling. I personally prefer to use the money I earn from gambling to return to gambling so I don't have to use my salary.