Pages:
Author

Topic: What would you do with your winnings? - page 26. (Read 29881 times)

hero member
Activity: 1862
Merit: 590
August 14, 2017, 07:59:40 PM
What I always do is put some back into building up my bankroll and the rest I keep for myself and also invest some of my winnings into Altcoins. I look for the long term Alts which I put around 20 to 30 percent of my winnings into them and it's been very good as I have built up my Altcoin portfolio from my winnings.
hero member
Activity: 1092
Merit: 501
August 14, 2017, 02:57:02 PM
First, I will keep my capital. Then I will save the rest for future purposes. If it is a large amount of winning then maybe I will share some but if it is not then its just only for my own expenses.

A wise gambler, thinking about it for future keeps is one of a very nice decision. Before when I just gamble whenever I want. I don't do this act, as I'm thinking all the time that I can get it again when I gamble anyway. But now, every time I win I had to do it all the time. Keeping an amount for the profit while other amount is for budgeting.
Actually there is no new decision in the gambling because you may know that gambling is the first that gambling where you cannot take decisions. Because it is about luck well if you are calling to order and decision then there is a different story so I would like to say that give a time a time in gambling is best thing because there is no decision option in gambling.
hero member
Activity: 1190
Merit: 541
August 14, 2017, 01:09:51 PM
From my experience in the past i always cashout my winning first
then play with first deposited funds so i will not have any risk with my winning
Ha ha I also support this idea that you must cash out your funds after winning. This is because it is a safer way to play.

My dream is to have a luxurious life so I use to gamble to earn the required capital and once I have enough amounts in my pocket, I spend them to fulfill my daily needs and to enjoy my life in the best possible way.
hero member
Activity: 495
Merit: 500
August 10, 2017, 07:07:31 PM
From my experience in the past i always cashout my winning first
then play with first deposited funds so i will not have any risk with my winning
hero member
Activity: 1036
Merit: 502
August 10, 2017, 06:50:30 PM
Well i use my earnings now for personal purposes because i want to get some business with my money soon and i want to earn not only on bitcoin i dont rely on gambling because when i get too attached from it maybe i will lose everything so i discipline my self to avoid playing too much.

I could judge that you are good gamble, because as you mention it is only good gamble said that. I always play gambling in a discipline way, then if i got lose, it is affordable lose. But out of discipline always give me too much lose. Then i feel better to quit gambling. But now gambling suit me, and now i am saving with my winning money. But if you save you winning for some business then hope in future your dream will come true.

Didn't understand what you just said. But seems like you want to say that discipline is a good way of limiting losses.
Yeah it is, since you can just also limit the amount of money you are willing to lose and know when to withdraw.
Just deposit a small amount and withdraw if you get your desired amount of winnings, that's how you play

Saving the money from the winnings you had is a very brilliant idea to do since we all really knew that gambling lucky chances is not consistent, or I call it temporary. You should be more eager to manage the funds you had and don't ever think that there's more to be used for your investments in gambling. All you needed to do is to control your excitements for what winnings you have and think about for the importanxe of money; be responsible enough.
legendary
Activity: 2982
Merit: 1280
Hire Bitcointalk Camp. Manager @ r7promotions.com
August 10, 2017, 04:49:09 PM
Dice is a game of those who have lots of money. The larger you have the higher the chance of winning.
So after all my win I might take it to the higher level and make high amount of bets too.
Actually I already did it for so many times.
I bet 50k satoshis which won 2 or 3 times then I will make the next at 70k sats.  Grin
Having high balance does not actually mean you have higher chance of winning. Your chance of winning is still the same. It is just that you will be able to last longer but you get cleaned.
And don't think thats a good strategy. You will end up losing everything faster.

I think high balance affect martingale method.  Higher balance simply means you can accomodate series of loses more than lesser balance.  In other it certainly guarantee a good win once you accomodate a long streak of losing then you get a win in the last roll.



Often time I do give them to my parents ( winning) since I am the one supporting them now. 
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
August 10, 2017, 02:42:23 PM
Dice is a game of those who have lots of money. The larger you have the higher the chance of winning.
So after all my win I might take it to the higher level and make high amount of bets too.
Actually I already did it for so many times.
I bet 50k satoshis which won 2 or 3 times then I will make the next at 70k sats.  Grin
Having high balance does not actually mean you have higher chance of winning. Your chance of winning is still the same. It is just that you will be able to last longer but you get cleaned.
And don't think thats a good strategy. You will end up losing everything faster.
sr. member
Activity: 420
Merit: 250
August 10, 2017, 02:32:39 PM
If I win big amount then I think I will stop gambling more and withdraw my profits and use it somewhere else may be I will spend it with my friends or else I will invest some of them in altcoins but I will never continue to gamble for sure.
hero member
Activity: 756
Merit: 505
August 10, 2017, 01:48:33 PM
Well i use my earnings now for personal purposes because i want to get some business with my money soon and i want to earn not only on bitcoin i dont rely on gambling because when i get too attached from it maybe i will lose everything so i discipline my self to avoid playing too much.

I could judge that you are good gamble, because as you mention it is only good gamble said that. I always play gambling in a discipline way, then if i got lose, it is affordable lose. But out of discipline always give me too much lose. Then i feel better to quit gambling. But now gambling suit me, and now i am saving with my winning money. But if you save you winning for some business then hope in future your dream will come true.

Didn't understand what you just said. But seems like you want to say that discipline is a good way of limiting losses.
Yeah it is, since you can just also limit the amount of money you are willing to lose and know when to withdraw.
Just deposit a small amount and withdraw if you get your desired amount of winnings, that's how you play
sr. member
Activity: 462
Merit: 250
DONATION SENPAI PLEASE <3 <3
August 10, 2017, 01:25:44 PM
I've read here a lot about "Gambling doesn't make you rich" So I thought about it, and it does make sense. So what do you feel about gambling then? Just entertainment? I think that's not everybody's mindset.

In the back of my mind, I want to be rich but not because of gambling. But when I gamble, I still always want to win. So when you always win, you become more rich and more risk will be involved. Anyway, if I would earn a winning bet that would have a lot of profit from, I would withdraw the initial bet or the bitcoins I deposited to get it back, then still gamble.

If you would have a winning bet that would give you a lot of profit, what would you do with it?

If you really think about it gambling really won't make you rich that's because most gambling sites or casinos try to rob your money because they want to earn money. They want you to think that you are winning and stuff but your not. Even if you are in winning streak there will be time that you will lost more money than you win, it is just like when you bet in lotto. You need to bet a lot and a lot of times just to win like 1000$ but you already lost more than 1000$ at the beginning when you keep betting. Also, they want you to keep betting and betting that's why they keep you win once in a while, its really nice feeling when you win but you don't think about the money that you lose during when the game. You could have use your money in other things instead of betting it for nothing. Yes you can be rich, but the percentage of going broke is more than winning.
hero member
Activity: 812
Merit: 500
August 10, 2017, 01:06:38 PM
Well i use my earnings now for personal purposes because i want to get some business with my money soon and i want to earn not only on bitcoin i dont rely on gambling because when i get too attached from it maybe i will lose everything so i discipline my self to avoid playing too much.

I could judge that you are good gamble, because as you mention it is only good gamble said that. I always play gambling in a discipline way, then if i got lose, it is affordable lose. But out of discipline always give me too much lose. Then i feel better to quit gambling. But now gambling suit me, and now i am saving with my winning money. But if you save you winning for some business then hope in future your dream will come true.
legendary
Activity: 1036
Merit: 1002
August 10, 2017, 11:57:10 AM
Well i use my earnings now for personal purposes because i want to get some business with my money soon and i want to earn not only on bitcoin i dont rely on gambling because when i get too attached from it maybe i will lose everything so i discipline my self to avoid playing too much.
hero member
Activity: 1540
Merit: 508
August 10, 2017, 11:48:05 AM
I've read here a lot about "Gambling doesn't make you rich" So I thought about it, and it does make sense. So what do you feel about gambling then? Just entertainment? I think that's not everybody's mindset.

In the back of my mind, I want to be rich but not because of gambling. But when I gamble, I still always want to win. So when you always win, you become more rich and more risk will be involved. Anyway, if I would earn a winning bet that would have a lot of profit from, I would withdraw the initial bet or the bitcoins I deposited to get it back, then still gamble.

If you would have a winning bet that would give you a lot of profit, what would you do with it?
Spend some money to buy coffe with friends after winning is not a bad idea. It help relax because gamling is very stress, not only a game.
copper member
Activity: 2870
Merit: 1279
https://linktr.ee/crwthopia
August 10, 2017, 11:41:23 AM
I think the best option you have when you win money is to invest it in bitcoin. It's almost the most secure invest you can  do because bitcoin is the most successful project at the moment.
Yes the profit from gambling must be invested on other kinds of Investment except on gambling, it will makes our bitcoins be more increasing the good investing for now is put the funds on the ICOs projects, but must becareful to choose the ICOs because
many fake ICOs that will takes money investors without gives any profit in the future.
keep gaining your bitcoin wouldn't have never ending. and in the long run it's doesn't gives you any guarantee to always have get profit , i can make a vouch that an investment without passion and patience would never work . it's should be done patiently in the long run , cryptocurrency are full of good things as long as you know what you are doing.
In my opinion, there would never be a guarantee that you can earn a profit or something that would make yourself rich in a short amount of time unless you are a jackpot winner or something, it's very easy to know what to do when you have already the capital but never use it in gambling, in my opinion, I don't know it depends also on the type of person or something.
you need more than just a capital , it's useless you know when you have large capital already but don't have any good and reasonable plan . i mean you might could easily say would like to put the winning money to invest, but then everything went wrong with your investment instead profitable you just go down in heavy loss. end of words an investment without good analysis skills would be just same as you gamble again, there's no difference right? with that kind condition.
well that's true knowing that you just have capital you need to have a strategy also just like you said. There are a lot of plants that you could do but the most important thing in my opinion is the character that you have when you gamble because there are a lot of people who doesn't control their place and just think of the money that they can win.
full member
Activity: 812
Merit: 142
August 10, 2017, 11:33:28 AM
Maybe if i get a win. I will use for trading. Because I also think of something other than gambling. Not every day we can benefit from gambling

Invest in Btc and other good altcoins because the prices are zooming and in coming time this will rise more . So take out profit from gambling and buy coins and store it and sell after a year if you getting good profits .
legendary
Activity: 1442
Merit: 1008
August 10, 2017, 10:35:37 AM
I think the best option you have when you win money is to invest it in bitcoin. It's almost the most secure invest you can  do because bitcoin is the most successful project at the moment.
Yes the profit from gambling must be invested on other kinds of Investment except on gambling, it will makes our bitcoins be more increasing the good investing for now is put the funds on the ICOs projects, but must becareful to choose the ICOs because
many fake ICOs that will takes money investors without gives any profit in the future.
keep gaining your bitcoin wouldn't have never ending. and in the long run it's doesn't gives you any guarantee to always have get profit , i can make a vouch that an investment without passion and patience would never work . it's should be done patiently in the long run , cryptocurrency are full of good things as long as you know what you are doing.
In my opinion, there would never be a guarantee that you can earn a profit or something that would make yourself rich in a short amount of time unless you are a jackpot winner or something, it's very easy to know what to do when you have already the capital but never use it in gambling, in my opinion, I don't know it depends also on the type of person or something.
you need more than just a capital , it's useless you know when you have large capital already but don't have any good and reasonable plan . i mean you might could easily say would like to put the winning money to invest, but then everything went wrong with your investment instead profitable you just go down in heavy loss. end of words an investment without good analysis skills would be just same as you gamble again, there's no difference right? with that kind condition.
hero member
Activity: 938
Merit: 500
August 10, 2017, 10:19:07 AM
I have won big money only once so I withdraw that profits and bought a new and latest laptop which is helping me now in earning bitcoins and I think that was the right move to make as if I would have gambled again then I might have lost all my winnings.
sr. member
Activity: 383
Merit: 250
August 10, 2017, 10:16:06 AM
Dice is a game of those who have lots of money. The larger you have the higher the chance of winning.
So after all my win I might take it to the higher level and make high amount of bets too.
Actually I already did it for so many times.
I bet 50k satoshis which won 2 or 3 times then I will make the next at 70k sats.  Grin

Thats complete bullshit, it doesn't matter if you bet 1 satoshi or 100 bitcoins, you have the same chance
legendary
Activity: 1064
Merit: 1000
August 10, 2017, 09:58:30 AM
Dice is a game of those who have lots of money. The larger you have the higher the chance of winning.

Are you stupid or what? You dont seems to know what you are saying. Do you even know that you can bet as low as 1 satoshi in few sites? Although most sites dont allow it anymore because it takes up space in their database but 100 satoshis is pretty much still reasonably low as well. Your chances are the same even if you wager 100 satoshis or 1 bitcoin
sr. member
Activity: 383
Merit: 250
August 10, 2017, 09:53:24 AM
I've read here a lot about "Gambling doesn't make you rich" So I thought about it, and it does make sense. So what do you feel about gambling then? Just entertainment? I think that's not everybody's mindset.

In the back of my mind, I want to be rich but not because of gambling. But when I gamble, I still always want to win. So when you always win, you become more rich and more risk will be involved. Anyway, if I would earn a winning bet that would have a lot of profit from, I would withdraw the initial bet or the bitcoins I deposited to get it back, then still gamble.

If you would have a winning bet that would give you a lot of profit, what would you do with it?

Even though I kinda stopped gambling, I would withdraw ALL bitcoins, and depending on how much, I would cash out like 10-20% and use the other 80-90% to invest, because I love investing
Pages:
Jump to: