What would you do with your winnings? - page 64.

kodes88

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Quote from: Text on January 25, 2017, 11:06:47 PM

Of course gamblers will always continue on playing even they already won, they can't leave it easily. But for those who gamble for a living, I know they are hoping to win, striving to earn money is fastest way without knowing that there is the other side of it which is failure.

It's normal when you still continue gambling when you won. Because it means you have a money, and you need a money for play gambling. But to keep some profit in your wallet is really important, don't play too much, dont gamble too much, don't spend all of your money to gambling.

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Quote from: Juggy777 on January 25, 2017, 11:15:47 PM

Quote from: crwth on December 11, 2016, 09:26:14 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?

First of all to actually realize what gambling is, you need to play it which I feel op hasn't. Gambling is not entertainment, you need to feel that pulse that moment where you could win it all or suddenly will loose it all. It's more about thrill, the passion to win. See the strategy of gambling is every time you gamble you keep your profits away and then continue if you feel luck is yet there with you. If I won on gambling I would spend 80% on buying gadgets, 10% I would save for my next gamble and 10% I would like to do charity

You must really be winning a big amount of money, imagine you only gamble the remaining 10% to grow again. I don't think you could do that consistently mate. What caught my attention is you are giving a portion of your winnings for charity, that's a good deeds mate.

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Quote from: crwth on December 11, 2016, 09:26:14 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?

First of all to actually realize what gambling is, you need to play it which I feel op hasn't. Gambling is not entertainment, you need to feel that pulse that moment where you could win it all or suddenly will loose it all. It's more about thrill, the passion to win. See the strategy of gambling is every time you gamble you keep your profits away and then continue if you feel luck is yet there with you. If I won on gambling I would spend 80% on buying gadgets, 10% I would save for my next gamble and 10% I would like to do charity

Text

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Of course gamblers will always continue on playing even they already won, they can't leave it easily. But for those who gamble for a living, I know they are hoping to win, striving to earn money is fastest way without knowing that there is the other side of it which is failure.

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Quote from: 0x0010 on January 25, 2017, 10:14:34 PM

Nothing. I always lose it. A few days ago I started with 0.05 BTC and had the opportunity to cash out at 18 btc, but I got greedy and lost it all. It fucking hurts

We always have 2 options with our winning amounts : 1. Withdraw profits 2. Continue gambling.

Why not you try 50% - 50%. It will feed your greedy as well as get you chances to earn big (but comparatively slower).
I like to suggest you to give another attempt with same 0.05BTC but this time secure some profits time to time. Good luck !

The_Dark_Knight

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Quote from: crwth on December 11, 2016, 09:26:14 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?

That is a good question unfortunately in order to make that question to yourself you will need first to obtain profits to being with, even if sometimes you have a winning day or two the most likely outcome is you will lose money in the long term and you will be unable to make that question at all.

0x0010

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Nothing. I always lose it. A few days ago I started with 0.05 BTC and had the opportunity to cash out at 18 btc, but I got greedy and lost it all. It fucking hurts

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Well, it depends on what motivates the person to gamble. If the person is gambling strictly for its entertainment value, then a win is a means to prolong the activity. If a player is motivated by profit, then a win should be the time to quit. However, if one gambles professionally, then the win will just be added to the bankroll until a level is reached that would allow them to advance in stakes.

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Quote from: vennali on January 25, 2017, 06:00:53 AM

If I manage to win some big amount. I'd like to give about 30-40% in charity and will spend most of the remaining money buying gifts for family and friends. The remaining goes back into gambling or you can call that investing. Cool

Wow very nice guy, I didn't even think to donate it to the charity because I don't want my winnings to be corrupted by those people who are working there. Because here in my country a lot of corrupt people who are working to get the funds of charity. So it is better to think of myself rather than those people who are working there and work alone for charity.

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Quote from: mrkevio on January 25, 2017, 04:00:23 PM

Quote from: Oralmat on January 25, 2017, 12:23:02 PM

First of all, we should know that gambling can't rich us, It is totally wrong thinking, that we will be rich from gambling, even you win many bets, because our winning doesn't mean that we are rich. And about me, i win many bets but instead of it i couldn't rich from it. Also i have no thinking in my mind that one day i will be a rich from gambling. But whenever i win than i enjoy it.

I think the best choice you can take is putting money away, so saving it. You may not become rich from gambling but maybe it is a fun activity for you and you can win something out of the fun you're having. Most people (probably including me) are usually betting their winnings. When the winnings are small, I am saving them but I never had hundreds out of a bet to see what I wanted to do in that moment.

I never save my winning in gambling because I don't win big amount of money, what I did, is I enjoyed the money but spending it in all my wants and that means a lot for me as I can reward myself from the winnings in gambling. I have already accepted the fact that we do lose in the long run, so I realized the best thing to be satisfied is to enjoy your temporary winnings.

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Quote from: Oralmat on January 25, 2017, 12:23:02 PM

First of all, we should know that gambling can't rich us, It is totally wrong thinking, that we will be rich from gambling, even you win many bets, because our winning doesn't mean that we are rich. And about me, i win many bets but instead of it i couldn't rich from it. Also i have no thinking in my mind that one day i will be a rich from gambling. But whenever i win than i enjoy it.

I think the best choice you can take is putting money away, so saving it. You may not become rich from gambling but maybe it is a fun activity for you and you can win something out of the fun you're having. Most people (probably including me) are usually betting their winnings. When the winnings are small, I am saving them but I never had hundreds out of a bet to see what I wanted to do in that moment.

Oralmat

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First of all, we should know that gambling can't rich us, It is totally wrong thinking, that we will be rich from gambling, even you win many bets, because our winning doesn't mean that we are rich. And about me, i win many bets but instead of it i couldn't rich from it. Also i have no thinking in my mind that one day i will be a rich from gambling. But whenever i win than i enjoy it.

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Quote from: vennali on January 25, 2017, 06:00:53 AM

If I manage to win some big amount. I'd like to give about 30-40% in charity and will spend most of the remaining money buying gifts for family and friends. The remaining goes back into gambling or you can call that investing. Cool

This is one of the most silly thing i ever see. First, you manage to win a big amount is due to luck. Casino wants to take money away from you and is not a charity organisation. It is pure luck that you win one time and this does not promise that it will happen again. In fact, it is more likely that it wont happen the 2nd time round due to the natural of the odds in the game. So it seems ridiculous to say that you call it a form of investment thinking that you can keep profiting every single time.

thisappointed

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Quote from: audaciousbeing on December 11, 2016, 09:30:18 AM

Winnings does not mean being rich. If I put 1btc and win 1.2btc does not amount to being rich as the amount I won is not enough to make me rich. The reason why it is generally agrees that you can't be rich through gambling is because before that winning, do you how many losses I have to live with subtracting that from the winnings, I am still at deficit so what I will do is withdraw the amount or sometimes you will be tempted to wager the winning then still lost everything depending on the attitude of the individual involved.

I guess it is just a misunderstanding, because what he was trying to say is that, winning in gambling will make you rich, he didn't say "winnings mean being rich". Technically, if you always win in gambling let's say that in every that you gamble each week, you won three times having a 3 bitcoin as your profit, if, you are betting high, because you could only have bigger profit like 3 bitcoin if you are a not hesitating at all on betting big on gambling, so having 3 bitcoin in a week is a really big deal and each month you could get 12 bitcoin which is really awesome which can make you rich in time.

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Quote from: Catmony on January 25, 2017, 08:40:05 AM

Quote from: vennali on January 25, 2017, 06:00:53 AM

If I manage to win some big amount. I'd like to give about 30-40% in charity and will spend most of the remaining money buying gifts for family and friends. The remaining goes back into gambling or you can call that investing. Cool

30-40% to charity Huh

I don't think you will be happy to give that much if you actually win some big lottery. If you spend all of your winnings in buying gifts and charity what will be left for you. Wink

I would rather try to buy something that is necessary for me like new powerful laptop, smartphone or may be one new desktop for trading.

its good if he decide to send it into charity. if the winnings is so big amount, i will buy new smartphone like Catmony said, send it into my bank account and make it as saving account, buy food and celebrate it with my family and my friends.

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Quote from: vennali on January 25, 2017, 06:00:53 AM

If I manage to win some big amount. I'd like to give about 30-40% in charity and will spend most of the remaining money buying gifts for family and friends. The remaining goes back into gambling or you can call that investing. Cool

30-40% to charity Huh

I don't think you will be happy to give that much if you actually win some big lottery. If you spend all of your winnings in buying gifts and charity what will be left for you. Wink

I would rather try to buy something that is necessary for me like new powerful laptop, smartphone or may be one new desktop for trading.

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Quote from: diegz on January 25, 2017, 07:04:34 AM

Quote from: vennali on January 25, 2017, 06:00:53 AM

If I manage to win some big amount. I'd like to give about 30-40% in charity and will spend most of the remaining money buying gifts for family and friends. The remaining goes back into gambling or you can call that investing. Cool

I've heard this before in many gamblers. Most of them pray that they could win big and they would stop gambling and half of their win will be donated in charities and others to make their family happy. The truth is, it never ended like that. Most of them after winning would have a good time and later on go back to their gambling habit and forgetting about their promise and worst forgetting about their obligation to their family.

Right, that's the reality . But we know actually that there are some who stick to there words and thinks they were blessed enough to share it. Unfortunately the number of who does those things were too few to noticed. I knew some friends who did share some in charity ,though it was not that big amount but still they did.

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Quote from: vennali on January 25, 2017, 06:00:53 AM

If I manage to win some big amount. I'd like to give about 30-40% in charity and will spend most of the remaining money buying gifts for family and friends. The remaining goes back into gambling or you can call that investing. Cool

I've heard this before in many gamblers. Most of them pray that they could win big and they would stop gambling and half of their win will be donated in charities and others to make their family happy. The truth is, it never ended like that. Most of them after winning would have a good time and later on go back to their gambling habit and forgetting about their promise and worst forgetting about their obligation to their family.

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Quote from: Text on January 25, 2017, 03:17:41 AM

Quote from: danalt on January 25, 2017, 02:59:36 AM

Actually, when one is gambling it is very difficult to win and keep your winnings. There is always the urge to continue winning. If at all you are disciplined enough, when you win you should stop and withdraw all your winnings and come back to gamble another day

That's a good idea, that is what I'm saying... We should be contented in our winnings because not all the time we will win. I still believe that the chance of losing is very high so once you already won take it and stop then make other things except gambling...

Well that is applicable if you win a sum that will supply you the rest of your life. But in reality it will just sufficient for a couple of days. Sometimes just one day. So, I guess people will never be contented. They may win and stop to book the winning but will always go back to gambling to book another profit or lose a bankroll. That is the reality. You can just stop gambling for a day or two but never your entire life.

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If I manage to win some big amount. I'd like to give about 30-40% in charity and will spend most of the remaining money buying gifts for family and friends. The remaining goes back into gambling or you can call that investing. Cool

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