What do you think about having excessive bankroll in gambling - page 2.

usekevin

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Quote from: jossiel on November 15, 2024, 01:44:21 PM

I agree.

With wrong decisions and on doing that on a bad situation, you'd definitely emotional and that's going to give you that bad vibes yourself that you can no longer control the situation.

So, as a reminder to emotional gamblers. You still have tomorrow to live on and don't live for yourself only for today just because you're so emotional with your bets.

The gambler who keep the big money in the gambling will take the big risk in the gambling site,because if the gambler had more money in wallet.The each betting option will be more like 3$ per bet or 10$ per bet instead of play the gambling with 0.25$ or 0.50$ per bet in any casino game.The gambler who had strong betting odds can make the risk on the betting.But choosing the odd point in the betting is very important one.So the gamblers will make huge money in the gambling site with their own betting skills.

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Quote from: Charles-Tim on November 07, 2024, 01:17:42 AM

I do not think the customer care will help you. It would be in their ToS that any money deposited into the gambler's gambling site account will be used to gamble before it can be withdrawn.

But it is better you should try and contact their customer care than doing nothing about it.

Just do not use more than $100 to gamble on the site for now. You do not need to deposit into the site next week or next month. Be using the money in the casino instead of depositing more money. Do that until the weeks or months you would have deposited $1000 has been reached.

I believe that the OP's problem is precisely the need to use the excess $900 for other purposes that exact month, such as paying bills or shopping at the supermarket.

Be aware that the OP deposited 10x more than he intended, which is no small feat, regardless of the amount he is referring to.

I have always believed that all casinos should require their users to first open a deposit order on their website before initiating any transfer, typing in the exact amount they want to deposit. If anything more is transferred to the casino account, it should be automatically refunded to the customer's checking account, wallet or credit card. The casino could hold at most the transaction/refund costs necessary to return the excess amounts.

This way, users can rest easy without worrying about errors and casinos also do not need to worry about money laundering, since the entire amount would be automatically refunded to the same account that made the deposit.

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Quote from: Weawant on November 16, 2024, 05:43:35 PM

Quote from: GigaBit on November 15, 2024, 06:45:29 AM

The bigger the bankroll, the bigger the gambler's losses. The mentality of gamblers is always the same because they often increase their bet as they have too much bankroll or they use it to quickly recover their losses and increase the amount of losses there. Those with a low bankroll will stop gambling when they lose, reducing the amount of losses that gambler has, but those with a large bankroll can lose that money quickly. They will never try to stop gambling as long as the enough bankroll is there. I have seen some gamblers who have higher bankrolls have higher loss. An excessive bankroll drives a gambler out of control.

This applies mostly where there's almost no proper and strategic fund management strategy, that is the only time we can relate that the bigger the bankroll the bigger the loos that will be suffered by the gambler. For gamblers who are really disciplined enough to be able to handle situations as this they may not get o suffer such with their big bankrolls because at this point to they are gambling to make money so they make sure they are more careful and are now doing even much better and are been able to grow their bank roll so their picks are minimal and more careful.

Sure, bankroll management is very essential for a gambler and any gambler that doesn't know how to manage his bankroll will run at loss because he will not be a disciplined gambler and would not know the right time to stop his session until he loses all his bankroll. Back to the topic, excessive bankroll can lead you to addiction, because you will over do it.

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Quote from: Josefjix on November 07, 2024, 01:10:29 AM

...

That’s a tough spot to be in mate.

Sad to say that most casinos have strict terms when it comes to deposits, espif they’ve been credited to your account. If their policy requires you to meet wagering requirements, even for mistakes, it’s unlikely they’ll refund the extra $900 without conditions. Still, it’s worth reaching out to their support team and explaining your situation honestly, they might consider your side.

Some casinos might make an exception, especially if they value their reputation, but if they insist on the rules, you’ll need to decide if you’re willing to take the risk or leave it there until you can meet the requirements slowly. Always double-check next time to avoid this kind of stress.

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Quote from: nara1892 on November 16, 2024, 05:32:53 AM

Quote from: jossiel on November 15, 2024, 01:44:21 PM

I agree.

With wrong decisions and on doing that on a bad situation, you'd definitely emotional and that's going to give you that bad vibes yourself that you can no longer control the situation.

So, as a reminder to emotional gamblers. You still have tomorrow to live on and don't live for yourself only for today just because you're so emotional with your bets.

Of course, and that's the only problem here because there is a possibility for them to be prone to emotions when they do it in inappropriate situations, such as when they are experiencing a problem due to something else in their life that indirectly can make them prone to emotions and there is also a possibility for them to have difficulty controlling those emotions.

You said something right in your second paragraph that indirectly this can also be a reminder for gamblers, in the sense of trying to gamble in the right place or time, or meaning make sure that your situation is okay without experiencing any problems, as you said that there is still tomorrow to gamble and of course that is true because after all there is no coercion at all from any party that forces you to always gamble.

Actually, it's not only about gambling tomorrow but our lives entirely that we don't only live for this day but there are days to come.

So, if something goes wrong with gambling and you have lost everything. You only lose on that day but there's still coming and that's tomorrow.

And about the losses of money, it's up to you on how to recover it whether can be from gambling or from something else.

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Quote from: GigaBit on November 15, 2024, 06:45:29 AM

The bigger the bankroll, the bigger the gambler's losses. The mentality of gamblers is always the same because they often increase their bet as they have too much bankroll or they use it to quickly recover their losses and increase the amount of losses there. Those with a low bankroll will stop gambling when they lose, reducing the amount of losses that gambler has, but those with a large bankroll can lose that money quickly. They will never try to stop gambling as long as the enough bankroll is there. I have seen some gamblers who have higher bankrolls have higher loss. An excessive bankroll drives a gambler out of control.

This applies mostly where there's almost no proper and strategic fund management strategy, that is the only time we can relate that the bigger the bankroll the bigger the loos that will be suffered by the gambler. For gamblers who are really disciplined enough to be able to handle situations as this they may not get o suffer such with their big bankrolls because at this point to they are gambling to make money so they make sure they are more careful and are now doing even much better and are been able to grow their bank roll so their picks are minimal and more careful.

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Quote from: Eternad on November 13, 2024, 07:10:52 AM

Quote from: hedgeh0g on November 13, 2024, 06:42:53 AM

I think that in the case of the OP, the worst outcome would be if he starts trying to win back his $1000 and ends up losing it all very quickly. So he needs to avoid games with high risk, I would advise him to play simple gambling games like roulette or dice, making the minimum bet, but many times, so as not to try to win a lot, but just to play. And even if he ends up taking $800-900, it will not be a big mistake, but he will have a good time. At least that's what I would do, but if for him it's a lot of money, then it's better to try to resolve this issue with support, but I repeat that I would play.

It’s not about high risk(low winning chance rate) is what makes gambling so dangerous when it comes to losing bankroll quickly. It’s about the size of bet used by players due to impatience especially if they are losing.

The OP can still lose big time or blow up his bankroll completely if his bet size is not controlled. There’s a post here before that a user lose huge amount of money by betting on 1.01 odds or close to it which is consider as low risk yet he lose big time.

It is very funny how some people completely attach the amount of money they gamble with or place a bet with based on the odd, it is a wrong approach towards gambling considering the fact that anything can be possible in the game, at some point people consider a smaller odd as lower risky which i find it very funny and not being true, the way it plays out most times it is even better to play a game that should be considered risky with a Smaller amount of money other than betting a smaller odd with a huge amount of money, smaller odds communicates such information of being considered less risky as when compared to higher odds and there is no amount of carefulness we can be rather than to only gamble with an amount that we can afford to lose.

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Quote from: LUCKMCFLY on November 15, 2024, 06:21:16 PM

Quote from: Josefjix on November 07, 2024, 04:57:35 AM

The only option left for me right now is to accept my faith and move on with the wagering, I wish myself luck and hopping that I recover my money and even make some extra bulk, I just went throw the casino terms and conditions right now, and I have a whooping 3x wagering to meet before withdrawal can be activated.

This gambling site is not popular here in the forum and as a matter of fact their don't have a presence here, so I am wondering how the heck I made such a mistake, because their wagering requirements sucks.

You learn from your mistakes, and well the requirement is not that difficult, it's just that now things depend on other Instances and hopefully you can get your money back , because the truth is that sometimes this happens due to not reading or getting carried away by emotions, you always learn something in all of this and that is what you should rescue , I hope they can answer you for that , but it is necessary Whenever you are Going to Play on a site that is Not here in the Forum to be very careful.

To be honest, I have never gotten a site that requires 3x betting in order for us to withdraw the money we win, it seems that indeed the site you are playing is an untrustworthy site and I personally am not sure you can withdraw that the money and win bets to meet the applicable terms and conditions, because usually scam sites often give us big wins to be attractive and in the end actually impose unreasonable provisions when you want to withdraw the winnings, besides that sometimes many sites actually start to try to thwart our winnings as if we are playing cheating and finally they cancel the winnings, that's why it is very important for us to evaluate and also choose a trusted site.

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Quote from: GigaBit on November 15, 2024, 06:45:29 AM

Quote from: Wakate on November 13, 2024, 11:57:48 AM

Having excessive bankroll as a gambler can be quite interesting but sometimes this will not help us to be a conscious and discipline gamble because we might want to try to gamble on every gamble on every game that we see trying to make consistent profits. It is better we regulate our everyday gambling so that we don't have to do it too much. Gambling is majorly to make profits not to deposit heavy funds in the bankroll for the sake of gambling for bigger profits. We can also make consistent profits as a gambler having smaller bankroll without doing it too much. I don't support having huge bankroll in our gambling portfolio when we can always withdraw part of the fund.

The bigger the bankroll, the bigger the gambler's losses. The mentality of gamblers is always the same because they often increase their bet as they have too much bankroll or they use it to quickly recover their losses and increase the amount of losses there. Those with a low bankroll will stop gambling when they lose, reducing the amount of losses that gambler has, but those with a large bankroll can lose that money quickly. They will never try to stop gambling as long as the enough bankroll is there. I have seen some gamblers who have higher bankrolls have higher loss. An excessive bankroll drives a gambler out of control.

Statement is quite real, indeed if someone is addicted to gambling and they have high capital, the risk of loss will be even higher because people who are addicted are unlikely that they will think of the risk of loss because they will only think of themselves to get victory even though it hasn't become The definite thing happens while loss has become an inevitable thing. Of course the higher the capital owned, the greater the loss that will occur, not because there is no victory that will occur but the chance of winning and losing is very much different for a player.
For people who are already very close to gambling, I don't think they will care about the amount of funds that have been lost before, as you said he will continue to gamble while still having capital and even I think when they run out of capital they have not run out of ways to get money Then there will be a way to make money that might even be a big risk for him.

nara1892

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Quote from: jossiel on November 15, 2024, 01:44:21 PM

Quote from: nara1892 on November 15, 2024, 05:14:36 AM

Yes I understand about that and indeed intelligence and various other plans that lead to prevention are very likely to be lost when a gambler is already controlled by emotions in himself, but I will also say that that is the reason why awareness must always be maintained because that way you should avoid what is called emotion when for example you experience defeat because you realize that it is part of the game.

One of the reasons why gambling must be done in the right and correct way is because if you make a little mistake such as gambling at the wrong time or gambling in a state of self that is having problems because of something else then of course the impact will be very bad where the wrong situation will make it easier for you to get emotional, one thing we must always remember is that gambling must be treated with great care and a high level of awareness.

I agree.

With wrong decisions and on doing that on a bad situation, you'd definitely emotional and that's going to give you that bad vibes yourself that you can no longer control the situation.

So, as a reminder to emotional gamblers. You still have tomorrow to live on and don't live for yourself only for today just because you're so emotional with your bets.

Of course, and that's the only problem here because there is a possibility for them to be prone to emotions when they do it in inappropriate situations, such as when they are experiencing a problem due to something else in their life that indirectly can make them prone to emotions and there is also a possibility for them to have difficulty controlling those emotions.

You said something right in your second paragraph that indirectly this can also be a reminder for gamblers, in the sense of trying to gamble in the right place or time, or meaning make sure that your situation is okay without experiencing any problems, as you said that there is still tomorrow to gamble and of course that is true because after all there is no coercion at all from any party that forces you to always gamble.

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Quote from: Josefjix on November 07, 2024, 04:57:35 AM

The only option left for me right now is to accept my faith and move on with the wagering, I wish myself luck and hopping that I recover my money and even make some extra bulk, I just went throw the casino terms and conditions right now, and I have a whooping 3x wagering to meet before withdrawal can be activated.

This gambling site is not popular here in the forum and as a matter of fact their don't have a presence here, so I am wondering how the heck I made such a mistake, because their wagering requirements sucks.

You learn from your mistakes, and well the requirement is not that difficult, it's just that now things depend on other Instances and hopefully you can get your money back , because the truth is that sometimes this happens due to not reading or getting carried away by emotions, you always learn something in all of this and that is what you should rescue , I hope they can answer you for that , but it is necessary Whenever you are Going to Play on a site that is Not here in the Forum to be very careful.

jossiel

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Quote from: nara1892 on November 15, 2024, 05:14:36 AM

Quote from: jossiel on November 14, 2024, 05:37:28 PM

But that intelligence is gone when the emotions are high.

This is how many gamblers have been destroyed due to the fact that they have high bankroll and they're forgetting their reasons why they gamble.

So, you're right that it must be done correctly and with the proper thought and at least maintain with that position until you stop either with win or a loss.

Yes I understand about that and indeed intelligence and various other plans that lead to prevention are very likely to be lost when a gambler is already controlled by emotions in himself, but I will also say that that is the reason why awareness must always be maintained because that way you should avoid what is called emotion when for example you experience defeat because you realize that it is part of the game.

One of the reasons why gambling must be done in the right and correct way is because if you make a little mistake such as gambling at the wrong time or gambling in a state of self that is having problems because of something else then of course the impact will be very bad where the wrong situation will make it easier for you to get emotional, one thing we must always remember is that gambling must be treated with great care and a high level of awareness.

I agree.

With wrong decisions and on doing that on a bad situation, you'd definitely emotional and that's going to give you that bad vibes yourself that you can no longer control the situation.

So, as a reminder to emotional gamblers. You still have tomorrow to live on and don't live for yourself only for today just because you're so emotional with your bets.

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Quote from: Wakate on November 13, 2024, 11:57:48 AM

Quote from: Chibit01 on November 13, 2024, 10:14:06 AM

Having an excessive bankroll in gambling wouldn't stop you from having a limit to the resources that you gamble with. If you don't have an amount set aside for gambling you will stake above your means without realizing yourself. Most people don't know how easy it is to gamble with a thousand dollars, that money can be everything you have and it can be exhausted in a Twinkle of an eye. The More you keep funding in the process of chasing your losses the more you keep throwing all your money away. Having an excessive bankroll doesn't mean that it's inexhaustible.

Having excessive bankroll as a gambler can be quite interesting but sometimes this will not help us to be a conscious and discipline gamble because we might want to try to gamble on every gamble on every game that we see trying to make consistent profits. It is better we regulate our everyday gambling so that we don't have to do it too much. Gambling is majorly to make profits not to deposit heavy funds in the bankroll for the sake of gambling for bigger profits. We can also make consistent profits as a gambler having smaller bankroll without doing it too much. I don't support having huge bankroll in our gambling portfolio when we can always withdraw part of the fund.

The bigger the bankroll, the bigger the gambler's losses. The mentality of gamblers is always the same because they often increase their bet as they have too much bankroll or they use it to quickly recover their losses and increase the amount of losses there. Those with a low bankroll will stop gambling when they lose, reducing the amount of losses that gambler has, but those with a large bankroll can lose that money quickly. They will never try to stop gambling as long as the enough bankroll is there. I have seen some gamblers who have higher bankrolls have higher loss. An excessive bankroll drives a gambler out of control.

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Quote from: jossiel on November 14, 2024, 05:37:28 PM

Quote from: nara1892 on November 13, 2024, 06:33:11 AM

Of course, and that's why gambling must be done very intelligently, in the sense of full control which in simple terms I can say that don't let yourself be controlled by gambling but you must be able to control the gambling activity.

On the other hand, there have been quite a lot of incidents about the downturn experienced by gamblers that we can use as examples, and of course no one will ever want to experience such a downturn and that's why a gambler must have the right approach, understanding, knowledge and perspective on gambling, none other than because that way you will be safe from various unwanted possibilities.

But that intelligence is gone when the emotions are high.

This is how many gamblers have been destroyed due to the fact that they have high bankroll and they're forgetting their reasons why they gamble.

So, you're right that it must be done correctly and with the proper thought and at least maintain with that position until you stop either with win or a loss.

Yes I understand about that and indeed intelligence and various other plans that lead to prevention are very likely to be lost when a gambler is already controlled by emotions in himself, but I will also say that that is the reason why awareness must always be maintained because that way you should avoid what is called emotion when for example you experience defeat because you realize that it is part of the game.

One of the reasons why gambling must be done in the right and correct way is because if you make a little mistake such as gambling at the wrong time or gambling in a state of self that is having problems because of something else then of course the impact will be very bad where the wrong situation will make it easier for you to get emotional, one thing we must always remember is that gambling must be treated with great care and a high level of awareness.

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Quote from: $crypto$ on November 14, 2024, 05:13:27 AM

As we are on the forum it will be difficult to stay away from gambling because it is discussed here every day, but honestly now I know the limits and gambling is for fun, if it is made a priority then obviously life will be worse with a lot of frustration experienced so that it makes your mentality disturbed.

Activities should be carried out as usual:
Work time - then work don't even think about playing gambling in the middle of your work.
When doing hobbies other than gambling, just do it, such as fishing or going out with friends.
Make gambling in your spare time, when your money is ready to lose.

At least we know our limits as you said so we don't gambling excessively without using too much money. Limitations really helps us to control our funds to gambling because we will prepare for some money to gamble and will stop when it is almost run out.

We must know our priority and not make gambling as our main priority. By separate our priority and doing as proportional, we will not excessively when doing that. It is better if we have another hobby than to use gambling as our hobby.

That will be too risk for us because we can be excessively using gambling in our daily life. We control ourselves for what we will do so we will not use gambling too often and only playing gambling when we have spare time.

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Quote from: Cryptmuster on November 13, 2024, 08:09:24 AM

Odds are also important, but this is more related to the player's strategy, and I consider playing at such low odds to be an initially losing strategy, in order for odds of 1.01 to have any meaning, you need to bet a larger amount, and this significantly increases the risk, so it simply does not make any sense.

The higher the coefficient, the higher the chance of losing your money, but it does not make sense to bet with such a small coefficient for the reason that the winnings will be too small. And if you bet a large amount of money, then in the end this bet will definitely turn out to be a loser, which will entail the loss of the deposit.

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Quote from: nara1892 on November 13, 2024, 06:33:11 AM

Quote from: jossiel on November 12, 2024, 03:21:06 PM

It will utterly destroy our lives when we're not fond of doing it or if we became out of control. That's the reason of many lives were destroyed when they cannot contain it anymore.

Having a huge bankroll is an advantage if you want to stay for so long but that doesn't give you guarantee that you'll also be profitable at most times just like what others are being told to.

Of course, and that's why gambling must be done very intelligently, in the sense of full control which in simple terms I can say that don't let yourself be controlled by gambling but you must be able to control the gambling activity.

On the other hand, there have been quite a lot of incidents about the downturn experienced by gamblers that we can use as examples, and of course no one will ever want to experience such a downturn and that's why a gambler must have the right approach, understanding, knowledge and perspective on gambling, none other than because that way you will be safe from various unwanted possibilities.

But that intelligence is gone when the emotions are high.

This is how many gamblers have been destroyed due to the fact that they have high bankroll and they're forgetting their reasons why they gamble.

So, you're right that it must be done correctly and with the proper thought and at least maintain with that position until you stop either with win or a loss.

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Quote from: rachael9385 on November 13, 2024, 04:00:18 PM

-snip-
However, based on my opinion, the main reason why most of the casinos (both old and new) wants their customers to wager before withdrawal is probably because of money laundrying. Some scammers might have access to someone account and deposit money from the account to their own casino account and withdraw it. But if a scammer knows that when he deposits money into a casino he will be asked for wager some percentage of the money before withdrawal, be would think about the risk and might not buy that idea.

Regarding money laundering, this is not a small amount of money and those who do it have a lot of money that can be withdrawn at any time by depositing KYC,
as you say, using someone else's account, and it can be done because the identity used is not theirs.

But about the deposit that requires making a certain amount of bets or games, it won't limit anything,
they may still be able to do it quite easily and just need to bet with a little money, but when that is achieved and qualified they will be free to do anything.

But when it is necessary to re-KYC for a large withdrawal, it will hinder fraudsters from committing money laundering because the identity used needs to be re-updated with the latest identity.

$crypto$

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Quote from: jcojci on November 13, 2024, 10:22:59 PM

So that will be difficult for them to stay away from gambling because their minds will thinks about gambling and will playing gambling over and over. Yes, gambling should not be a priority in their lives because they have many activities that they should do so when they just playing gambling, they will not have a chance to change their lives better. They can only playing gambling with limit money to reduce the losses becomes big and they can also preventing the other problems that they can meet after finish their gambling time. They can get broke anytime if they don't understand that gambling is just for fun so it is better they still playing gambling with responsibility and be careful with the losses.

As we are on the forum it will be difficult to stay away from gambling because it is discussed here every day, but honestly now I know the limits and gambling is for fun, if it is made a priority then obviously life will be worse with a lot of frustration experienced so that it makes your mentality disturbed.

Activities should be carried out as usual:
Work time - then work don't even think about playing gambling in the middle of your work.
When doing hobbies other than gambling, just do it, such as fishing or going out with friends.
Make gambling in your spare time, when your money is ready to lose.

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Quote from: Eternad on November 13, 2024, 07:10:52 AM

Quote from: hedgeh0g on November 13, 2024, 06:42:53 AM

I think that in the case of the OP, the worst outcome would be if he starts trying to win back his $1000 and ends up losing it all very quickly. So he needs to avoid games with high risk, I would advise him to play simple gambling games like roulette or dice, making the minimum bet, but many times, so as not to try to win a lot, but just to play. And even if he ends up taking $800-900, it will not be a big mistake, but he will have a good time. At least that's what I would do, but if for him it's a lot of money, then it's better to try to resolve this issue with support, but I repeat that I would play.

It’s not about high risk(low winning chance rate) is what makes gambling so dangerous when it comes to losing bankroll quickly. It’s about the size of bet used by players due to impatience especially if they are losing.

The OP can still lose big time or blow up his bankroll completely if his bet size is not controlled. There’s a post here before that a user lose huge amount of money by betting on 1.01 odds or close to it which is consider as low risk yet he lose big time.

Well said, the size of the risk we take is the main factor in determining the level of hits we take in gambling and how big it is interprets how careless we are in budgeting and managing our accounts. I always say that some gamblers can't be smarter than gambling itself, so long as they are infested with the wrong psychology, then it's finished for them. One can be depositing $20 at a time but losing it and keep on depositing it until it is big and reaches $1,000, while another person may deposit $1,000 at once and continue to wager $20 at a time.

The difference is that the first person may be smater, but should be ready to pay more transaction fees, however, the second person should be more disciplined and strict with the wagering because gambling temptation is real, for he might not know when he will start using $100 or more per bet until he losses everything pretty fast.

Topic: What do you think about having excessive bankroll in gambling - page 2. (Read 1630 times)