Topic: Use your winning responsibly - page 8. (Read 2400 times)

I agree with you mate and it seems your talks are pegged around responsible gambling, which I think can’t be overemphasized no matter how many times it’s been talked about.
Gambling, winning and being able to make use of your winning judiciously is one thing that describes one as a successful gambler and I think from the little op has shown, it wouldn’t be a bad idea saying that op is successful as been able to achieve something reasonable from his gambling winnings.

Judging from the actions and post made by op, I think op has been able to know when to play and when not to play and since he didn’t throw all his winnings back to the casino in quest of making more profit, it wouldn’t also be bad to say that op has also worked in his greed level.
Kudos op and more winnings to come.

It is very important for us to gamble responsible because this is where we can make more money in gambling by not gambling carelessly. Making money and using it very well should be our target because this is the only way we could be make good use of the funds made from gambling so that we don't lose it to betting selfishly trying to make money without relaxing and taking time out of gambling to do better things with the fund especially when it is huge fund.

We are meant to gamble and also use a good strategy to make money for ourselves so we don't finally lose to due to betting without a rewarding strategies that could make us fortunate with less efforts.

Nice one mate and from everything written here, it seems you’re a Nigerian and this is a great step for you and wining that amount is a great one and I just want to say a big congratulations to you, not just for the winning, but also been able to make judicious use of the winning and I understand that a lot of persons would be telling you to have invested in bitcoin than getting these properties but sincerely, you’ve done well for yourself and your decision to buying these things isn’t a bad one since you didn’t  have them before.

Let alone thinking about investing if an addict gets a big win in gambling it is unlikely they think long about investing for his future, the main problem is they will think investing will take a long time and they don't have the patience to wait to get results, in fact they will sell back what they have bought from gambling and try to play again to get lucky and think that it is much easier than investing. like I said that let alone investing he bought goods even for himself will definitely be resold to be used as his gambling capital until it runs out and they regret then repeat the same mistakes every day, and that is the vicious cycle of gambling addicts.

It is very grateful if someone is sane about the decisions he makes and prefers to turn the profits from his gambling into an asset for his future, it is a brilliant idea and especially until he can keep away the impulsive nature of gambling the possibility of a bright future will come to him.

The fact thst you said he worked for it is actually very true because some persons wouldn't want to see it in that way rather they will think since it was money win from gambling be a fyi didn't work hard enough for it so it wasn't something he did worked for but something he was just lucky with but then he actually did put his brains to work to be able to have arrived at such luck a s that's the aspect people do fail to recognize.

In as much as gambling is basically supposed to be for the purpose of fun and entertainment, making money of it is possible aswell and it's in two ways either from gambling or owning the casinos but in the case where you don't have the ability to won the casino then gambling will be the next way to make money off gambling and then you have to actually put in some work into it even if it appears like you can still win without getting to put hard work probably due to luck but then you have to keep playing to get luck having the knowledge of what you are playing and not just playing.

This is why i said i agree with the statement that be worked for his winning and it wasn't just luck as gambling is 50% work and 50% luck but then you have to put in the work and then hope to get lucky and win but without the work then you are definitely not winning anything off gambling just like he did and was able to use it well to get something tangible he can always make reference to as an achievement gotten off gambling.

True, this really happens even to some of my known friends. Yes, they gained big winnings from gambling and buy new properties, but after that they end up selling again because they have money shortage, and certainly because they also want to satisfy their gambling urge as they have vividly fall into gambling addiction.

Winning in gambling is probably not the ultimate goal, but most likely on how you will make use or take advantage with the huge amount so that your money won will end up worthwhile. But for addicted gamblers, this is easy to say but hard to do for them, as they will obviously chose to gamble again than to invest their money won into certain investments that would most likely give them passive income in the future.

I'm not sure if this is a good idea or not, but I'm sure it's a good idea and I'm not sure if it's a good idea or not. So be wise in stopping and using your money if you have won to buy things that make you happy other than just gambling, such as vacations or whatever, like the OP who bought a TV, shoes, a vehicle or whatever it might be that you can feel, and I think that is a form of accountability in the use of money earned from gambling.

But I think for people who are greedy and addicted to gambling will still do the same thing, even if someone buys a car from the proceeds of gambling, they will definitely sell the car back and spend it on gambling, I often notice this kind of person in my neighborhood, precisely in my country.

Yes and I would say that the main mistake is in their mindset and understanding, they do not understand that gambling or what is called betting activity is always about two things at the end of the session which is between winning or losing, actually it doesn't matter if for example you act greedy if only you are able to accept the risk at the end of the session such as losing, because what has always been a problem experienced by most gamblers is that they apply greed to pursue something bigger but their actions are not based on good responsibility which in the end when it turns out that the results do not match what is desired then they will act more aggressively to restore something that has been lost.

I understand what you mean and as I said above that the mistake is that they do not understand that gambling is about winning and losing, meaning that no matter how big your winnings are, if you are unable to stop and cash out then the possibility of losing will always be there which makes you experience losing all the previous winnings, so first correct your understanding that gambling is a matter of “possibility” and not certainty.

I disagree with this (Depending what you mean by steady income). You can almost always play with moderation, but you just need to moderate it more and play with the fraction of money you would otherwise play with. And since you don't do that for living anyway, but for fun. So bets don't need to be high. I would however plan and budget ahead at least to next confimed paycheck before doing that.

If that income is so unsteady that there's no way of knowing if i am ever going to get that paycheck, then i agree that i wouldn't gamble during that time. Because planning would be hard even without extra expenses. Main things should always be rent, food, water and electricity bills. Everything else is secondary, at least to me. Because without those things working, just surviving daily is exponentially harder.

Again, this would only consider people who gamble for fun. People who gamble for living i do not understand, but luckily i don't have to.

Exactly, some people win at gambling but lose all of their winnings because they are greedy. Any game they won, they don't appreciate what they get, and even if they win big, they can't appreciate that is why some people if they win in gambling, they don't have better things to do with it, they always think big and that is not supposed to in gambling, some people as become rich through bet and they have there on business that support them on t, but is no because someone become rich on gambling, he will fervour you too, gambling is a funs and lucky game some people enjoy it and some they don't, because he didn't fervour them. Op do a good things that he have plan when he cashout and buy good products that will benefit him.

In my opinion, someone who thinks or even has a plan from the start about where they will direct or use their winnings (if they are lucky and win) is a typical gambler who is quite responsible or that means those who know that the possibility of losing or risk is part of gambling. can come to you at any time without you knowing, so with this they prefer to prioritize preventive measures, namely by having a plan to use the winnings for other things, such as perhaps shopping or buying something they want.

As I said above, usually this mindset will only be had by gamblers who understand that there are significant bad possibilities in gambling which can make them lose the money they have won while it is a fact that most other gamblers find it difficult. to be able to reach this stage of thinking, the reason? obviously because greed will take over the situation which makes them prefer to continue the game with high hopes and confidence to get a bigger amount when in fact there is absolutely no certainty or guarantee whatsoever that they will be able to win at the end of the session, and maybe You also already know that usually applying greed to gambling will only lead you to a situation of significant regret when it turns out that the results do not match your expectations. In the end, it is clear that the best approach to gambling is to always treat gambling in moderation and also to put a lot of limits on the budget and time involved. The point is that cashing out as quickly as possible when you win is the best and wisest action that is always recommended because at least you have a chance. to enjoy the winnings from your lucky situation in gambling.

Big wins don't come often. After a gambler big wins, if he can't put the winnings to the right place, then the winnings are worthless. Why gambling can lead to a gambler's bad situation at times. If the gambler cannot build his back up during that time, he will spend the transition period in crisis. That is why something should be done in advance for the future so that the gambler is not exposed to difficult situations on those days. Winning money should be put into pro-active work rather than putting it in a deprived place. This will enable a gambler to continue his normal gambling process.

Yeah, that's a common thinking as you wanted to trest yourself when you have a chance of making some money. Though not many are capable as gambler especially those who are already addicted are not that good in controlling their emotions, I guess you need to have that good determination to use the money outside gambling, as most of the time you are thinking of earning more money and become greedy when you have the chance of using the money.

But just like what you said and same with how OP manage to take care of his winning, it's the best way as opportunities is not as always as it is, so better to manage your winnings as possible as you can.

We need to have always an objective as where we withdraw our money if we win.If we stick to it then most likely greed won't get the best of us,so before playing any gambling session we have to set an objective as what we will use those winnings for,it can be things like we love,like Xbox,TV,Playstation,latest smartphone but it can also be investing that money in some online venue,something like buying a lot of cheap coins and staking them to get even more of them in the long run,that is a good use of our winnings when we get to our objective.If we keep playing we simply have to remind ourselves that odds in the long run are 100% against us,as the more we play the more chances to lose it all.

putting money into gambling should not be seen as investments, and when people are lucky enough to win a lot of money, I advise that people who have won a lot of money through gambling should not spend money without having a plan, they should investing in some real world business that can generate them constant profits, most people when they win a lot continue playing with high expectations that they will have the same luck as they did when they won a lot of money, but things in gambling don't work like that, every time people keep playing then they will lose everything.

for example, if a person frequently plays the lottery. So one day that person is lucky to win a lot of money. Take the money and invest it in many businesses and when that person gets old they will have a good life, as long as they don't spend a lot of money and greatly reduce the amount of money they used to gamble. If before winning you played with 200$ a month and for 3 hours a day. so when he earns a lot of money he should play with 100$ per month and only spend 1 hour playing. This type of plan and discipline are necessary so that the person does not lose everything

There is the joy of winning. It is the joy of seeing your imagination come to life. Your gambling efforts finally paying off. It is almost like the bet shop or the casino fnally decided to give up back all the money that you have lost. What I find funny is that the moment you win, most of what you have planned to do with the money when you end up winning but not haven't written it down just doesn't come to mind anymore. It mostly at that time, you have friends and family showing up at your apartment or giving you a call for some financial assistance. I prefer to buy at least one physical item so that even if I lose on the next game, I will return home to see what I bought with the money I previous won. Therefore, I am not a failure or loser.

Well, it depends on the size of the winning we are looking at, if it is a small winning, then I do not encourage the gambler to position his mind on the spending, he might want to use it as one of the weapons to effectively manage his psychology (self-control with the feelings that they already have extra money to risk) and gambling account. But when the money is big enough, I do not see anything bad in the gambler positioning his mind on how he will spend money, but he should not spend more of the money on frivolities but on good and beneficial things. Such a gambler can even start up a business or an investment with some of it, it must not be gambling only.

Nevertheless, the mindset that gambling is not easy should be ringing in the mind of the gambler and not because of the big win to now start increasing their risk. If care is not taken, the money won would be lost back in full. This has happened to many people and will continue to happen to people with weak minds. What is best in this situation is for the gambler to ensure the amount to continue gambling without any issues and also know the amount that will go into some businesses and spending. For gambling, the proportion could be higher than the initial ones that delivered the bettor a huge win due to an improved status. Regardless, it's still just reasonable since committing money to risk too much can't be to their advantage as anything can happen at any time.

Once you experience winning, first things comes to our mind is how we will spend the money or sometimes we have a plan aleady for how or where we will use the money if we win, right? and that kind of initial thinking and reaction is valid because it is better to have that as our plan than to spend and just gamble away the money we win. we can feel the self rewarding feeling when we see the things that we can do or bought from the money we get from gambling and that is one of the wise decisions that we need to imitate so that our money does not go to waste.

Using our winnings wisely is the only way gamblers can fill the inner joy why they gamble and relieve themselves. You immediately use the money to settle up any pending projects. This will give you a sense of satisfaction, rather than gambling with the money again because of greed hoping to win more money end up getting frustrated.

Wise use pays off, allows room for clear judgment rather than getting emotional disturbances.

First of all congratulation to your, it is important to always make use of your winning wisely and betting and enjoy you Acct more when you are running out of balance in your Bet account. It is not easy to win so whenever you win, you make it to be very useful to you because it’s not easy of getting distracted but sometimes it really look and it’s not just locked comes easy you work for it and you bought it for yourself. It is a good one is happiness and gambling that I have understood and it has been.