Topic: Use your winning responsibly - page 9. (Read 2085 times)

maybe this is the reason OP shared his winning story of spending something useful and choosing to quit immediately when he won, setting aside a little for another gambling budget.
and now we know the OP intention is so that we can know the right time to stop betting and dont waste the winnings we have earned and prefer to immediately spend something useful, no matter whether it's electronic goods or whatever, definitely spend all the winnings on things a positive compared to spending more on gambling.

the last time I won a bet on gambling I just used it to have fun with the family even though this looks like throwing away money just to have fun but for me it is very beneficial because instead of having to spend it to bet again and only I get the pleasure but if it is used on vacation together family, everyone can feel happy and there are many benefits from all this.

That is probably the most common mistake a gambler can make, winning for the majority of us is just a matter of luck, and we cannot hope to be able to replicate those results, so whenever we get a win we need to be happy about it but immediately move on, and buying something with that money is a nice way to do it, as not only you are buying something that you wanted and needed, you are also eliminating any possibility of gambling your wins away as well, while you get goods that will give you many hours of entertainment for years to come.

Well, actually that kind of desire shouldn't be considered normal at all... To win big once is already pretty uncommon and should be considered a prize for life. If someone is willing to hit a big win twice, it displays a greedy behavior, which will inevitably brings negative consequences on long run, because even if this gambler hypothetically hit a big win twice, it wouldn't be enough. He would go for the third big win as well, and then the fourth, fifth... Until finally losing everything while attempting to hit the next big prize.

You are right, that should be considered the normal decision or desire after a big win. To put the earned prize into good use is the most benefical approach in this case. I believe there is no better way to celebrate a jackpot prize than investing it to return even more money after a while. So, part of the income made from the prize can be added to gambling budget in a frequent basis. If this gambler has to win once again, he will win, but through a responsible, limited and sustainable budget which won't compromise his initial earned prize.

I understand your perspective. Winning large at gambling? Its like life's jackpot, right? Who wouldnt want to ride that luck wave longer? Its human nature to seek thrills. Moderation is crucial. Imagine using your big win for more than just fun.

Now, I celebrate successes big and small. Right? Life's too short not to cherish these times. Lets not vilify using some of your wealth for sheer fun. However, balancing is key. Celebrate, but save some for future projects or investments. Like creating a cake and eating it too, you enjoy the present while saving a portion.

I'll admit that "just one more win" is tempting. Remember that gambling is fun, not a retirement plan. While promoting fun gambling, its important to know when to step back, savor the win, and possibly turn it into something lasting. Shouldnt winning be about that? Fun now, stability later. Win-win.

Though that logic is correct, when winning it immidiately register inside your mind that you can simply repeat that same outcome, thinking that the strategy will continue to work and will allow you to keep winning from your bets, instead of stopping and enjoying your earnings you will be push to continue playing and aiming for more.

This kind of attitude should be change in order to enjoy both your gambling session and the money that you earn, celebrate with your friend as we know that it's not going to always be like that.

Congratulations on your victory and winnings.
You did the right thing by recording your winnings by buying this TV. This is a great purchase and I hope it will last you a long time, while always reminding you of your luck. The mistake of many players is that they start to think that after running they will be lucky again.

But mathematical theory says that the chance of getting two wins in a row is very small, so it's best to do what you did after winning.

The winning money will only be used to have fun without being able to save it to prepare for the future. And there is a possibility that he will also use the winnings to continue gambling because he still hopes to get another big win and it is normal for someone to have that kind of desire. But he should understand that getting another win, especially a big win from gambling, is not easy and it is rare for people to win big twice in a row. He must be able to understand that when he has managed to get a big win, he should immediately stop gambling for a while, celebrate his victory or not need to celebrate and prefer to save his winnings for the future. He doesn't waste the winnings by doing things like that because he can use them for other, more important things.

If someone can't manage their winnings then they will disappear again in gambling without them realizing it, so place your gambling winnings to buy things that you are interested in and are useful for the long term, so don't waste the winnings you get for momentary pleasure, but the best advice to set aside some of the gambling winnings for savings rather than spending it all, but you are free to use the gambling winnings and it is recommended that you do not spend the money for nothing and appreciate the gambling winnings for your enjoyment.

Well, when people are in a place they Experience all kinds of emotions, one of them is that they can do things that are directly related to earning, it is something that is not denied, sometimes when you lose a lot and you have a very long period of earning Well, you can forget your past of playing and you can continue betting to win more, but there comes a time when you can't win anymore and that's where you have to stop and think that things happen for a reason, you've already won, He had his good streak of earnings, it's time to reiterate, he's not a coward or anything like that but he's a pretty big spender, it's nice to retire and spend his money, it doesn't matter if he spends it all on something else, the idea is that he can palt that money and that it is not fixed by playing, that it is always in a period where profit is what moves it, I in particular have always said something when it comes to doing things like this, about Winning , Doing much more Well, it's good, but there's nothing like enjoying the profits, that's something that's on Another level.

When we win in a casino, what we must do immediately is withdraw our money, even when the casino refuses, whether because it has not complied with the KYC or Something like that , well that is another topic , but on a personal level, when someone He has a great Profit, thinking that he will make twice as much or Something like that, that is a pure lie, things were not like that in the casinos, the casinos give opportunities to win, because it is his right , it is also his duty to Comply with the but still, they will Continue to win thanks to their home Advantage , and that is a fact , so when we are Playing in a casino always under any circumstances, we must hope for the best possible, in case they give us We must Accept things , because that is how we should do it, and also once we lose it is best to assume and learn, always Under a loss there is always good teaching , that is something we Should not stop learning from.

This is true, in fact I think this does not only apply to gambling but also applies to other things such as family. managing finances or limiting yourself in gambling does not seem to be easy to do, because in my opinion many people cannot do this even though I am sure they already know that gambling is only an entertainment event, it is impossible if it is made as a source of income. it is very unethical.

I think those who have won should cash it in and spend it at that time and come back on a day that maybe luck still applies, but no one knows for sure that continuing to gamble on the next day or the day after tomorrow will get the luck that gives them victory in gambling. A wrong mindset that makes themselves addicted to gambling and we know that gambling is synonymous with defeat, so most likely they will only get defeat. which is what is lost in so many gamblers, of course they have used up their capital.  and in my opinion, someone who has received a lot of defeat in the sense that they have spent a lot of money on gambling, of course this can have an impact on their mentality and thinking.

The orientation of a gambler plays a huge role in the person's action when he losses or wins a game. Those who can't control the desire to stake another money after winning, may have a better luck of winning. But it differs from one gambler to another. People even after spending all their winning, still ends up winning again almost same amount. A gambler who has experienced this or have spent time with other gamblers who do this, will definitely gamble his winning hoping for a bigger win. Though it hardly works the way we think, anything can happen. It's quite a rough day if a gambler loss all his winning. He'd have to deal with it and learn from the mistake. The mistake of staking higher amount than they once planned previously before winning.

Its unusual, respecting money and placing limits on gaming. I think self-discipline is essential in high-risk activities. I agree with being non-greedy and recognizing instant advantages. Knowing one's limits, right? In my experience, a regulated method helps improve decision-making.

But can this approach overcome gambling's addictive nature? I think gambling's unpredictability can muddle judgment even with strong commitment and restrictions. Money respect is appealing, but doesnt gambling inherently question it? Human psychology, risk, and reward interact complexly. I wonder how many can maintain such discipline at the heights and depths of gaming.

it all depends on how we have a safe mindset for gambling. I mean if we have a mindset of not being greedy and appreciating whatever we get right away, a gambler will definitely easily stop betting after winning and this also applies to if he gets tired when a gambler can think like when he loses he will definitely soon stopping to appreciate the budget he had for betting the next day.
this kind of mindset can save gamblers from focusing too much on a big win and avoiding greed because the mindset of respecting money means they will really be able to have strong enough control and even a high level of commitment to obey the rules that have been made previously and can always know when is the right time to stop betting.

Indeed, temptation in gambling can always make us lose control, but believe me what I have said above, this can prevent you from any temptation in gambling because you already have a strong commitment.

Congratulations on your big win, I hope this is not your final win, but the beginning of a big win and will be followed by other wins.
If I had a big win like that, maybe I would buy some Bitcoin and Ethereum as an investment and hope for a big profit from the price spike once the market fully increases

That's right, by managing finances and time gambling players will be more objective and more able to think clearly. when experiencing defeat, it is very important to stop playing that day so as not to increase brain and mental performance which in the end will only make more losses and make gamblers more frustrated and lose all their money.

The gambling community had the loser and winner,the winner help the community to grow by referring.But the loser most of the time blame the gambling site itself,the gambling site which allow you to win the game,the gamblers should take responsibility to withdraw the funds at the right time.If the gamblers doesn’t aware about their money withdraw in the gambling site will loss their funds in the same gambling site at the end,So the gamblers should accept the game with minimal reward in the game.Don’t try to recover the complete loss in one game.

Good for you that you were able to control yourself from continuing to gamble after winning a huge amount. Most of the time, once gamblers hit a big win they will decide to continue more since the luck is there and they want to take advantage of it. Unfortunately, since they are being carried away by the win they don't notice that their balance is now being pulled down. As they now finally notice it, they will increase their bet amount since they want to return the high balance they have previously.

It's hard to fight the temptation when winning that's why we must force ourselves to stop once already hit a big win.

For me, honestly as long as you don't spend it on hookers, drugs, alcohol or gambling again I feel like any type of purchase you made after winning money from gambling is considered "responsible spending". It's just a low standard to meet to begin with. You got your money willy-nilly, and when other people would spend it on gambling again or the aforementioned, hoes, booze, and drugs, responsibly spending your winning your money could count as anything that would give you a prolonged sense of happiness, or at the very least something that you'd be able to appreciate or enjoy for a very long time. Easy come easy go is also a part of the equation that brings people to spend their winnings on short-lived things. From winning these games they fall under the heuristic that in the future they'd be able to win as much if not more again, so just splurge it all right now and deal with the consequences later. Of course it's stupid, but it's a method to their madness, and it's one hell of a method.

I say you did good OP. Honestly I myself haven't really spent any of my winnings on tangible stuff, and since I only ever win (at least the usual) enough to get all my losses from prior sessions back, I use it as refill for my bankroll so I don't have to dig into my pocket to top my gambling bankroll. I find that this is the most economical way I could play honestly.

Those that had failed to use their winnings responsibly most have been seeing the effects due to their method they have choose to use in gambling. Withdrawal funds is one of the things we need to put into consideration so that we don't get stuck on the platform we are using in case the casino or company decided to leave the market. There is even more disadvantage to us when we keep leaving our funds  most time, the profits we have made for it to keep growing without any tangible reason that could help us to grow better. Experience is the best teacher and we need to be wise even when we don't have the experience.

Not a bad idea to buy stuff with your winnings. I haven't had such a win that I can buy a car with, but if I had one such win then I would probably consider investing it into some asset because cars, house and all these things are liabilities and their value degrade over the years while assets will get you profit over time.

Of course not and everyone has a different way of thinking and living their life.

One thing I guess we can all agree with is that we must withdraw our winnings whenever we win something significant because otherwise we slowly lose it all back to the casino. It's inevitable that if you keep playing and have a bigger balance to play with, your bet size will also increase.