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Topic: What’s your gambling profit percentage limit? - page 2. (Read 315 times)

hero member
Activity: 1456
Merit: 940
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First of all I don't have any limits. But, at some point I need to stop and finish the day at something. And when I know it is a profitable day, I stop. That's it! That's my strategy.
Of course, not all days are profitable, but I set a limit for myself that I'm prepared to play, and after that it's fine to stop, no matter if I am winning or losing. When I have a loss, I let it go without giving a damn about it. So, my take is, you need to have a limit you're prepared to play.
legendary
Activity: 3318
Merit: 1247
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I use profit percentage as my restriction to not overplay too much. I usually set 100% of my initial deposit as target profit before I stop gambling. Sometimes my bankroll got busted before I hit that target which means I need to stop gambling for the day and move on for tomorrow. I use this method after suffering a huge loss by just chasing more profit even though I already gain so much money. I admit that I don’t have satisfaction on just winning because I don’t have limit goal before.

Now, I manage to play in moderate way and increase my profit in general because I already control myself on when to take profit and stop gambling for good.


Are you using using same method on limiting your gambling crave? What’s your percentage goal?



I have no percentage limit as I play to hit that maximum pay line and I usually only play slot machines.I am however careful as I have a weekly bankroll which if I lose that for me it is over for that week and I move on.This helps me to not become addicted and gives me enough days off before coming back to gambling again that I feel like I have left behind that feeling of sadness when you lose money.I will not stop most of the times when I am winning searching for that big payout,I know the risk of losing it all but it is worthwhile for me because I am risking it for that big win.
hero member
Activity: 2464
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in the last few weeks maybe I was lucky enough because I made 4x deposits and 3x I got big wins with a percentage of 300x of the initial capital. Well I don't set a winning target when I play slots but I only target maybe $2k or $1k I have to stop playing that day. Indeed, calculating the percentage when gambling is a must where this can trigger good control to make the decision to stop playing at that time. Some options can also be profitable for a gambler if he can resist the urge to chase the big multiplier by calculating the percentage earned that day with the initial return on investment.
legendary
Activity: 1554
Merit: 1139
"Profit percent limit", like is that even a thing?
Your probably too into gambling and that's kind of different for me. For me gambling is this other thing I do once in a while and never per day but, when  moved probably by the game, by some win stories circulating at the time or maybe am just bored and wants to test out some luck or predictability. I definitely don't gamble often so, I don't set any limits, just play with what I feel like at the moment and you can tell its surely not something that I have any problem loosing. Either I win or lose, it comes down as part of the fun for me.
legendary
Activity: 2954
Merit: 1153
Are you using using same method on limiting your gambling crave?

I also do the same but with a different approach since I do not stop. Since my intention to play is to try different slots, whenever I hit a good multiplier or have my fund doubled, I set aside the extra from my 100% bankroll and continue to play.  When my initial bankroll has been depleted, I withdraw the amount I set aside and use it as a fund for another day.

What’s your percentage goal?

I don't have any percentage goal but I withdraw any extra amount after I lost 100% of my initial bankroll.  For example, I deposited $50, When I hit a big multiplier, I reset my bankroll to $50 and any extra from it will be kept for withdrawal.  I do it until my last reset initial bankroll was depleted and withdraw the money that I set aside or kept.
legendary
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In my case, I don’t have this kind of profit limiter because I only playing using small amount per day or whenever I feels like. I never intend to win huge amount when gambling so I’m just playing for fun and sometimes for claiming bonus on the casino as my profit. I think many people has same as OP preference on gambling session to control there expenses but you will never enjoy your gambling experience if you are limiting yourself. It’s better to not deposit an amount that you can’t afford to lose to avoid this kind of commitment.
This is how gambling should be, I always tell people that the moment they are chasing money from gambling, it could be the moment losses may begin, gambling is not a money making means, that is why some people will think to double their money but they found themselves losing, that is why some people become addicted so much to gambling. I too do not have a specific wining profit percentage, there are sometimes that odds may not favour, there are sometimes I see over 2x, but if lesser than that, I still go for it.
hero member
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Are you using using same method on limiting your gambling crave? What’s your percentage goal?


My lesson over time is not to play my bet from my phone app and I believe many football bettors will have this same issue or experience. When you download the bet application on your phone and do your registration and funding of account then you are bound to keep playing when you lose, you rebet because you want to recover. So this has not worked for me as I find it difficult to control over betting in a day until I had to delete the app before I can be able to control that. Now playing manually from the game house is a little controllable than online and I set some limit to play .
hero member
Activity: 2268
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....snip

Are you using using same method on limiting your gambling crave? What’s your percentage goal?



My method revolves around being safe as soon as I hit a profit on my end. Given the risks and nature of gambling, one single game can either make/break my whole profit situation where there is that potential of continuously betting.

I answered that my gambling profit percentage limit is below 50%. I do not mind having a low profit but the fact that won and my initial gambling money is higher when I first entered the casino, I consider that as a win on my book. Maybe it is also because I view gambling as a means of potentially earning money, not as a means of entertainment.
legendary
Activity: 2478
Merit: 1360
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I focus on a profit range of x3-x5. If you take a higher multiplier, then the winnings will be too rare. If you take lower multipliers, for example x2, then it will be too stupid and sad for me, because one day winning 100% of the budget and losing the same 100% the other day, I will lose all the money without any interest due to the bookmaker's margin/casino. This is true for other multipliers (house edge) but it is much more fun to get x3-x5 at least sometimes than the maximum x2.


I wouldn't call leaving at 100% profit stupid. I agree that sometimes you win 100% and sometimes you lose, but whatever the upper limit is you're good as long as you keep the lower limit similar. So one day you win 100% but the next day you start with half of your total money, meaning that you play only with the starting money and withdraw the profit. If you lose you're back at the starting point, not at a loss.

This method also works for other limits like 50% win - withdrawal, 50% loss, and you are still left with the money you came with.
hero member
Activity: 1498
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Usually I stop playing once I realize I'm too lucky or once my luck starts going away... Not that it has mattered for me, since after some days doing that I entered the loss field anyway.
Funny how this situation is too relatable to any gamblers out there. We all know that our luck will always run out so whenever we encounter a win streak, we tend to be hesitant whether we continue gambling or stop. My strategy when this situation arises is to stop when I lose 2 to 3 times consecutively to avoid losing all my winnings. I tried not stopping before and try to continue despite the continuous lose streak and end up losing all my winnings and my bankroll.
hero member
Activity: 2044
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Leading Crypto Sports Betting & Casino Platform
Usually I stop playing once I realize I'm too lucky or once my luck starts going away... Not that it has mattered for me, since after some days doing that I entered the loss field anyway.

Some people adopt a bankroll management strategy to recover losses and revert the situation. They try making 5%-10% of total bankroll in a daily basis. If they make the goal percentage they are done for that day and if they lose the goal percentage they stop as well and come back next day until they reach the final goal or until they go completely busted. I was following a youtube channel where the youtuber was doing this consistently and responsively, but I confess I've lost the will to keep following this content due to my personal losses in gambling.
legendary
Activity: 1918
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I gamble for fun that’s why I always bet on the team that has the best chance of winning. Although there profit percentage is very less.  I have no problem with that. I love low profit  but never lose. less then 50% is enough for me . high percentage is not any fucking motivation for me. winning is my target
hero member
Activity: 2814
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Leading Crypto Sports Betting & Casino Platform
I use profit percentage as my restriction to not overplay too much. I usually set 100% of my initial deposit as target profit before I stop gambling. Sometimes my bankroll got busted before I hit that target which means I need to stop gambling for the day and move on for tomorrow.


I haven't been using any such strategy to book the profit for the day and stop, however, I like this idea of yours.  I follow a different way to follow the money management technique.

Can you tell me how many days your balance gets busted due to this and are you in overall profits?
legendary
Activity: 3276
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I usually do not use limits based on the percentage that I have won but I am perhaps based on the possibility of playing bets on matches were I am confident (for example, I know the team or I know that competition/sport well)...
because setting "statistical" limit it is possible to lose some opportunities in an arbitrary way Sad
hero member
Activity: 1736
Merit: 501
a genius will know the core point of what to do. different from people who rely on emotions that will just throw away what is already there. people who can control will be organized from a thing with minimal risk. everything happens from experiences that make strong thoughts into positive or negative currents that will grow into behavior. make management of this percentage better not to indulge in lust again which will lead to a big loss
hero member
Activity: 2954
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100% to 200% for less than 100$ bank roll
20% to 50% for 200$ and above bank roll


I have this kind of parameters on my gambling time but sometimes I go beyond that limit when I’m playing games with high multiplier probability like game shows and slots. But I always stick on this limits when playing on straight payment ratio games like dice and cards to make sure I will have a break for being addicted.
full member
Activity: 1708
Merit: 126
I'm a small-time gambler and I always make sure to bet responsibly so I could manage my capital wisely. Doubling my initial funds would be enough and as much as possible, I don't aim for too much because I might have a hard time controlling my emotions from feeling too overwhelmed which might lead to greed. Sometimes I stop when I get at least 50% profit.
legendary
Activity: 1456
Merit: 1108
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I use profit percentage as my restriction to not overplay too much. I usually set 100% of my initial deposit as target profit before I stop gambling.
I admit that I have never really considered percentage profit limit when I gamble, what I consider however has always been the amount I use in gambling which I set a limit to and is usually fixed. Thinking about it I now I feel like if I only consider the profit percentage limits and set a target that I intend to meet, I might use too much money in gambling and not consider the amount I spend in trying to get to my goal which can be dangerous, correct me if I'm wrong.
hero member
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My winning percentage in gambling is small but I do it regularly. In gambling i don't think I am addicted but it attracts me greatly. I try to budget for it every month and cover the whole month on that budget. It gives me a lot of pleasure that cannot possibly be obtained from anywhere else.
hero member
Activity: 1120
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In my case, I don’t have this kind of profit limiter because I only playing using small amount per day or whenever I feels like. I never intend to win huge amount when gambling so I’m just playing for fun and sometimes for claiming bonus on the casino as my profit. I think many people has same as OP preference on gambling session to control there expenses but you will never enjoy your gambling experience if you are limiting yourself. It’s better to not deposit an amount that you can’t afford to lose to avoid this kind of commitment.
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