When do you know is time to walk? - page 2.

virasog

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Quote from: Kong Hey Pakboy on August 23, 2021, 09:36:01 AM

Quote from: rhomelmabini on August 23, 2021, 08:21:17 AM

Loving the beat and the lyrics of this song to be honest, this looks like the best gambling country song we ever have. This is the kind of song that looks like it comes from experience. Well, to walk away is I guess when you're winning and not wanting more or you're losing and you'll chase them, more like this is what the song was made for.

You also should know when to walk away when you're constantly losing remember that money is everything in this world so there's time to walk away when you lose and when you win. I haven't hheard of this song yet but I do know Kenny Rogers, seems a fitting song for gambling.

That's the most hardest part. You continue winning and you will stop thinking its enough for today and you walk away.

But when you are on the losing streak, your stop thinking logically and the only thing in your mind is to play more and more to recover the loss and it never happens. If you are able to walk away, when you initially started losing, you're a champ indeed.

Silberman

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Quote from: paxmao on August 23, 2021, 04:07:10 AM

There is an old song called "Thee Gambler" that goes like this (snipped part), by Kenny Rogers if I am not wrong.

Knowing when to hold'em, knowing when to foldèm are usually part of your ability, training and experience when playing poker or other games that have some math to it, my question for the forum is how do you know it is the time "to walk away" and I also hope that you never get to the point that you need to know "when to run".

Since we are talking about poker there is at least one scenario in which the best decision is to walk away, in order to make money in poker then you need to have a few players that are below the average level of the table, if that is not the case and everyone has more or less the same level then the money is just going to move back and forth while the house makes money with the rake and everyone else losses money, so if you see the table and you guess the table has the same level as you or even higher then that is the moment to walk away from that cash poker game.

qwertyup23

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Quote from: Obito on August 23, 2021, 05:02:14 AM

For me, it's the matter of how many loses have I accumulated in a row, if it's more than what I put into my mind then I know that I will have to walk out of the game before I lose too much. Also, knowing that you have other responsibilities that need those money can help you walk out of the game early or entirely.

I guess this kind of situation depends on the gambler. Normally, when a gambler is faced with consecutive losses on his bets, the first thing that would come to his mind is to bet again in order to recover those losses. Once they gain that advantage, they tend to bet again until they repeat the same cycle over and over again.

The best time to walk away is when you actually run out of money! I mean, if you were to gamble, try your best to bring only a handful amount of money for that day. When you are satisfied with the amount that you brought, the only time that would convince a gambler to run away is when they have exhausted all of their money.

While I do agree that it sounds crazy, but having a goal (i.e. doubling your money for tonight, etc.) can lower your expectations which would lead you to betting over your budget.

madnessteat

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I have developed a rule for myself when gambling the meaning of which is that I leave the game if I manage to increase my deposit by 40-50%. This simple rule helps me not only to enjoy the game, but also to stay with the winnings, though not so often.

coin-investor

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If you mean quitting then you are losing everything, the hardest thing is to walk away, gambling is very addictive, when you are at it and you are having fun, it's hard to walk away, it takes a lot of courage to walk away although it's worth to walk away early many gamblers walk away when it's already late.

KTChampions

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If we are talking about poker and this is a tournament, then we need to play to the end (no other options are provided), if about a regular game, then an increase in my bankroll by 5 times will be enough for me to quit the game. That is, if I increased my bankroll 6 times, then I can continue to play, but if the profit drops to five times, then it's time to finish.

alegotardo

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I think this opinion is very personal, there are those who play poker just for fun and only leave when they lose everything.
There are others who go to make money but can't stop playing, while others drop out when they're still on top.
I think that everything is valid, since of course you don't owe anything and don't risk losing what you can't bet on the game.

Kong Hey Pakboy

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Quote from: rhomelmabini on August 23, 2021, 08:21:17 AM

Loving the beat and the lyrics of this song to be honest, this looks like the best gambling country song we ever have. This is the kind of song that looks like it comes from experience. Well, to walk away is I guess when you're winning and not wanting more or you're losing and you'll chase them, more like this is what the song was made for.

You also should know when to walk away when you're constantly losing remember that money is everything in this world so there's time to walk away when you lose and when you win. I haven't hheard of this song yet but I do know Kenny Rogers, seems a fitting song for gambling.

bittraffic

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It takes a lot of experience to read the face of someone holding his cards learn them having no ace. But I think I have seen this movie. I have the appetite for western movies really which I sometimes look up on youtube.

Its a situation where the gambler won a stash of money after a hero call. After he won, he wants to stop playing but the other guy dont want him to stop and pull out a gun. It didnt help because he stood up saying enough and walk.

I guess it means, if you are winning learn to stop and time to walk.

aioc

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I would not know really when, if you really enjoy gambling I guess it's the people around you that will tell you when you need to walk away, gamblers are always in denial they don't want to be stopped on things they enjoy and they are excited on doing, even to do the extend of putting in their fortune, and divorcing their wife, for me, I can always walk away I have self-control and knows my limitation, I'm old enough and knows my priority.

DU18

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Honestly I will not sing or play the song on my children Grin

, even though I am a gambler but I do not want my children to follow what I have done and I will try to keep them away from gambling.
I got into gambling a few years ago and have probably lost quite a lot and maybe it's time to run (stop) as the lyrics of the song suggest, I think the song has a message deep enough for a gambler to have control strong self when playing the game.

TheNineClub

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I'd say it all boils down to having the experience to promptly and correctly assess the situation. That only comes with time and effort and lots of trial and error. So for you to come to that point, you would have to miss that point a bunch of times before.

rhomelmabini

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Loving the beat and the lyrics of this song to be honest, this looks like the best gambling country song we ever have. This is the kind of song that looks like it comes from experience. Well, to walk away is I guess when you're winning and not wanting more or you're losing and you'll chase them, more like this is what the song was made for.

tyz

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Quote from: paxmao on August 23, 2021, 04:07:10 AM

Knowing when to hold'em, knowing when to foldèm are usually part of your ability, training and experience when playing poker or other games that have some math to it, my question for the forum is how do you know it is the time "to walk away" and I also hope that you never get to the point that you need to know "when to run".

Mathematics and psychology. Preferably in good combination.

The principle of poker is, on the one hand, to be able to read the behavior of the other players, and on the other hand, to be able to calculate very quickly the probability of winning a hand with all the information I have. On the basis of these two factors, depending on the game situation, it is then necessary to weigh up whether to hold or fold.

danherbias07

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I know when to walk away while I still have some spare money for food. Grin

I've been there before playing an open poker room when I was still younger and when there's no such thing as pandemic I still visit there biweekly. I don't think they are still running with all the health and safety protocols.
If some players brings their ATM cards, gold bracelets or other things with value just for emergencies or if they want to gamble more, I just go there with the money I want to spend and if I lose, I always have a spare just so I could still eat before going home. Food lessens the thought of losing, in my case. Grin

I loss a lot of times because I am not really that pro in poker but I do love the bonding of players in the room and I guess that is what I enjoyed the most and if I win that will be a bonus.

Oasisman

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Quote from: Vaskiy on August 23, 2021, 04:16:53 AM

This song doesn't relate poker, it looks like a common song for entire form of gambling. When you don't know when to stop and walk away then it'll be a loss. Maybe a few out of luck profit as they don't stop even after knowing it is the time to walk away.

The song does relate to poker too. The author/composer used the poker terms as a reference to express every thoughts he had.
The song isn't limited to gambling as well, It could be expressed in our journey of life daily.
But, because we're in a gambling discussion, I guess I have to agree that the song is for gamblers to realize when to stop and when to proceed in all forms of gambling activities.
It just so happens that the poker reference could pretty much relate to all forms of gambling.

STT

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Split your money up at least 7 ways for a daily spend, its harder to do over a month or longer but never gamble just one instance if you have any kind of ambition to win games. Dont rush, have a budget for the day and if you are not winning you will get the simplest signal in the world to leave which is your balance wont be there to continue. I'd say its far harder to decide when you do well when to bank some of the gains and walk away then also, probably just when you are tired and feel yourself slipping at all. Stick to your system

fiulpro

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A funny poem..
Sums up most of that things though, I do believe that when you loose more and 80% of your initial investment, you should realize that the luck is not on your side and then walk away. At the same time it is really hard to do so because you are in the moment waiting to win all your money back, but for me if I do reach a point like that, I usually stop.
The ego and the greed are two things that you gotta avoid. These two things would make your loose everything, even more than what you might be fighting for therefore, realize when that's happening and then just close the tab for a while and maybe try some other day.

ralle14

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It's easy to know the timing but when i'm in that very moment it's difficult to execute knowing you could continue and make more profits then i'd get greedy and lose it all. Aside from knowing the best decision you also need to have some consistency because even if you know when to stop or walk away you still get that temptation to gamble. Tracking your bets from one site to the other is also another good way to know when to stop I think i've said this in another thread but having your own list gives you that realization.

timerland

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Have a goal in mind - once you cross that line, take profits and enjoy yourself a pint.

Also similarly, sit down and write on a piece of paper what your stop loss is.

This way, you keep yourself accountable and are more likely to not have to walk away with the mindset of "just one more bet". You should be celebrating any win that you get as opposed to sulking that you didn't win more. The latter mindset is what kills players.

Topic: When do you know is time to walk? - page 2. (Read 393 times)