What would you do with your winnings? - page 42.

bamboylee

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Quote from: NorrisK on December 11, 2016, 12:33:01 PM

I would definatively withdraw the vast majority of the winnings and use it to invest in something like a house, bitcoin or stocks.

Statistics are not in your favor, so if you win big, don't push it but take the winnings and use it to your advantage.

i will also buy a house and lot so that i could have a remembrance from my winnings.

bamboylee

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Quote from: crwth on December 11, 2016, 10:26:14 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?

true. gambling is just one form of entertainment/unwinding. so when you win, you have good luck. gambling is not a hard earned money, so it can be lost easily. when you have so many winnings, better buy/spend it immediately Grin

emberbekas

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Quote from: RealPhotoshoper on April 12, 2017, 02:19:21 AM

Quote from: phaddie on April 10, 2017, 12:28:45 AM

Quote from: RealPhotoshoper on April 09, 2017, 11:53:06 PM

Quote from: bohr on April 09, 2017, 04:05:22 PM

Spending it as if there is no tomorrow, if the wins were really big then I will save some and spend the rest, that is my honest answer.

Nothing better feeling than that, spend the whole winning amount into something that you really want and dream about.
A big winning can fix your life as long as you did not continue to play and just stop it forever.
People usually being greedy , don't know when to stop and mostly ended up losing again, think about it.

That is a common practice of every gambler that he will never quit at the right time and will continue to gamble even if he have won good some of money and in the end loose every thing because most of the gamblers lack self control and that makes them loose in long run.

Yeaa it is because gambling addictive and always makes everyone have no time to think to stop.
They are too enjoying the game and forgot they have crossed the limit.
In the end they can not even feel how good to spend the winning money, greedy never good.

When a person is feeling pity to use the money for the sake of things other than gambling, it can be ascertained that the person is suffering from addiction at an acute level and need the help as soon as possible. I have seen many examples of gamblers that even though they have enough money in their pocket, but did not have the heart to buy new clothes etc. They prefer to use their money to gamble rather than to meet their daily needs.

RealPhotoshoper

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Quote from: phaddie on April 10, 2017, 12:28:45 AM

Quote from: RealPhotoshoper on April 09, 2017, 11:53:06 PM

Quote from: bohr on April 09, 2017, 04:05:22 PM

Spending it as if there is no tomorrow, if the wins were really big then I will save some and spend the rest, that is my honest answer.

Nothing better feeling than that, spend the whole winning amount into something that you really want and dream about.
A big winning can fix your life as long as you did not continue to play and just stop it forever.
People usually being greedy , don't know when to stop and mostly ended up losing again, think about it.

That is a common practice of every gambler that he will never quit at the right time and will continue to gamble even if he have won good some of money and in the end loose every thing because most of the gamblers lack self control and that makes them loose in long run.

Yeaa it is because gambling addictive and always makes everyone have no time to think to stop.
They are too enjoying the game and forgot they have crossed the limit.
In the end they can not even feel how good to spend the winning money, greedy never good.

crwth

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Quote from: stadus on April 11, 2017, 11:28:16 PM

Quote from: andrei56 on April 11, 2017, 09:57:33 PM

Quote from: hatshepsut93 on April 07, 2017, 02:53:21 PM

I'd invest them into altcoins, casino bankrolls and even combination of both (there are casinos that accept investments in altcoins). I think making any unnecessary spendings with cryptocurrencies is a bad idea, because it's very likely that they will grow or even explode in future years. I'd rather double or triple my money over a few years instead of spending now and regretting about it later.

It depends, if someone already has enough money invested then they don’t need to use that money to invest even more, sometimes it is ok to spend some of the money we have, remember that we also need to enjoy our money, not everything can be investments.

You have the point here, not everything should be invested because we only invest what we can afford to lose. Investing is a complete gamble also since it does not guarantee a positive return, we need to be knowledgeable to improve our chances of success but anything can happen so be ready for all possibilities and make sure you have an exit plan.

Not really, it's safe to say that you can invest to something that you believe will bear fruit in the future. Since you have to shell out money in order to gain some more, that's the risk involved. Investing in your bankroll is the meaning of that I guess. Applying certain strategies can increase your chances in winning.

stadus

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Quote from: andrei56 on April 11, 2017, 09:57:33 PM

Quote from: hatshepsut93 on April 07, 2017, 02:53:21 PM

I'd invest them into altcoins, casino bankrolls and even combination of both (there are casinos that accept investments in altcoins). I think making any unnecessary spendings with cryptocurrencies is a bad idea, because it's very likely that they will grow or even explode in future years. I'd rather double or triple my money over a few years instead of spending now and regretting about it later.

It depends, if someone already has enough money invested then they don’t need to use that money to invest even more, sometimes it is ok to spend some of the money we have, remember that we also need to enjoy our money, not everything can be investments.

You have the point here, not everything should be invested because we only invest what we can afford to lose. Investing is a complete gamble also since it does not guarantee a positive return, we need to be knowledgeable to improve our chances of success but anything can happen so be ready for all possibilities and make sure you have an exit plan.

andrei56

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Quote from: hatshepsut93 on April 07, 2017, 02:53:21 PM

I'd invest them into altcoins, casino bankrolls and even combination of both (there are casinos that accept investments in altcoins). I think making any unnecessary spendings with cryptocurrencies is a bad idea, because it's very likely that they will grow or even explode in future years. I'd rather double or triple my money over a few years instead of spending now and regretting about it later.

It depends, if someone already has enough money invested then they don’t need to use that money to invest even more, sometimes it is ok to spend some of the money we have, remember that we also need to enjoy our money, not everything can be investments.

bhadz

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Quote from: Format.C^ on April 10, 2017, 03:16:29 AM

Quote from: bhadz on April 10, 2017, 01:56:14 AM

Quote from: bohr on April 09, 2017, 04:05:22 PM

Spending it as if there is no tomorrow, if the wins were really big then I will save some and spend the rest, that is my honest answer.

I was like this type of spender before. When I've got enough winning, I'm always thinking that there's no tomorrow for my money because tomorrow is another day of good fortune. But I realized in the end that luck will not always cover us, it is why right now, I'm trying to divest my winnings into some other promising investment.

That's the right thing to do as you cannot expect that luck will favor you every time and you will end up on positive note so its better to use those winnings in some investments from where we can get regular returns on our investments.

It's better to become wise when it comes to money and even though that money came from gambling. Still it is up to you if you want to grow it or lose it and give it back to the gambling site. Because once you focused on those things like investment, that will guarantee you that you are not going to lose from gambling but having a chance of growing it.

crwth

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Quote from: AppnanaHack on April 10, 2017, 08:53:19 AM

rent a bitch or what do u guys called it here

Rent a bitch? Or do you mean a beach with the sands and stuff? I don't know what the difference it is in here but I think it's pretty much the same.

erwin45hacked

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Quote from: Collider on April 10, 2017, 09:58:14 AM

Mostly I spend my winnings on buying clothes and spending it for food and rest I save it in my wallet and use it again in next game as if you are a regular gambler you need to save certain amount of coins in your wallet and cannot afford to spend them all.

Atleast you get to buy something with what you have won. Some people lose everything when they try too hard and forgot the real reason that they came for, to get profit. So when you already got some although it might only be a spare change for some lunch then it is still worth it compared to lose everything

BlockEye

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Quote from: Young_Croatian on April 10, 2017, 08:31:42 AM

So, I would spend half of money for traveling and fun, and half of amount i would keep for more gambling

Pro Addict Gambler Spotted! Grin

But i can't blame because i know what was the feeling after you won big amount on gambling, Right the day after you will be tempted to play again for hoping to win again. That was a greediness syndrome. Even if you are sleeping you will never stop thinking to gamble again because you are excited to win again co'z you know what was the feeling on winning. I always loss right after i won big amount. Most of my game that same situation like that has a loss result, I don't know why is that happening and how to counter it.

Collider

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Mostly I spend my winnings on buying clothes and spending it for food and rest I save it in my wallet and use it again in next game as if you are a regular gambler you need to save certain amount of coins in your wallet and cannot afford to spend them all.

AppnanaHack

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rent a bitch or what do u guys called it here

noormcs5

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Quote from: gabmen on April 09, 2017, 09:42:24 AM

Quote from: Botnake on April 09, 2017, 09:16:45 AM

Quote from: ?? on ??

Mostly when i have a huge profit from my starting balance what i do is i do withdraw my initial capital balance and then play with the profit so i will will be able to make money from money i made.But if i have a small profit on my capital i always withdraw the profit and gently play with the capital still

That's a good technique, at least when you lose you have already secured your capital, you do not need to be greedy and accept what will happen. If you do not have self control, the next thing will happen when you lose is you will immediately make a deposit which most likely to lose.

That's playing safe. And if you're not that much into gambling it would be easy to follow this process. This way at least you lessen the chance of losing a lot of money while still being ablr to have fun with your bets. Andnyou get to save your earnings little by little

The method you told here is a good one but most people dont follow it. I will explain here why.
First if you Win in gambling, you become greedy and invest again the winning amount and the capital earned on it.
Secondly, if you lose, you will invest your remaining money in the hope to recover the cost.

So in both cases, your original capital is not secured. I think Gambling is played by Heart and not by mind.

Young_Croatian

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So, I would spend half of money for traveling and fun, and half of amount i would keep for more gambling

ubercool

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Once I won a huge amount in dice games and other gambling stuff using fiat and I spent every cent like am a millionaire. Went to a nice beach trip with snorkeling, scuba diving and also sea walking, it was worth it. I would love to do something like that again. Grin

Format.C^

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Quote from: bhadz on April 10, 2017, 01:56:14 AM

Quote from: bohr on April 09, 2017, 04:05:22 PM

Spending it as if there is no tomorrow, if the wins were really big then I will save some and spend the rest, that is my honest answer.

I was like this type of spender before. When I've got enough winning, I'm always thinking that there's no tomorrow for my money because tomorrow is another day of good fortune. But I realized in the end that luck will not always cover us, it is why right now, I'm trying to divest my winnings into some other promising investment.

That's the right thing to do as you cannot expect that luck will favor you every time and you will end up on positive note so its better to use those winnings in some investments from where we can get regular returns on our investments.

bhadz

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Quote from: bohr on April 09, 2017, 04:05:22 PM

Spending it as if there is no tomorrow, if the wins were really big then I will save some and spend the rest, that is my honest answer.

I was like this type of spender before. When I've got enough winning, I'm always thinking that there's no tomorrow for my money because tomorrow is another day of good fortune. But I realized in the end that luck will not always cover us, it is why right now, I'm trying to divest my winnings into some other promising investment.

revans

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If I win big then I invest some of that money in altcoins from where I can generate small but regular profits and if I win small then I either I spend it on some basic stuffs and if not then use those winnings again in gambling.

daringdiscovered

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Quote from: bohr on April 09, 2017, 04:05:22 PM

Spending it as if there is no tomorrow, if the wins were really big then I will save some and spend the rest, that is my honest answer.

Then I'm sure that you will have no more money after tomorrow. Spending our money in irresponsible ways like buying the things that we don't really needed, or we thought that we need it in the first place but the truth is, we don't really need it can lead us to a broke life, no money, just starring at those people who are eating delicious foods while we are just craving and eating the opposite because we don't have enough money.

So, what I'm doing in my winnings is that I am budgeting them, so I do have money in case of emergency, something like that.

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