When do you know its time to Stop? - page 4.

Caladonian

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Quote from: kurian on July 26, 2018, 12:24:20 PM

I always pay with only a minimum amount of money which can be afford to lose. But, when I play I can't fight the inner voice to stop before the bust. However, I have managed to stick with a minimum profit by using seunjite bot. I set it to stop betting when the profit is achieved.

If you can continue working with your strategy using the system, better not to change it and become greedy, most of the time even we already have a working strategy but when greediness comes up we still failed to stick with the plan and aimed for much bigger gains, even it's time to give up and enjoy
the winnings we continue and lose it back again.

glowing10

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Quote from: Initscri on July 26, 2018, 02:31:17 PM

I set a budget, for example, an arbitrary amount, and if I hit that point, I stop. It's happened before where I keep going, but as I look at gambling as purely entertainment, it's not worth losing any more money & losing the fun factor.

It is very important that people know their limitations and control them self else if they become addictive then it will be a huge blow for them as losing money would be more than making money from the gambling. So be always cautious of it.

Janation

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Quote from: ryzaadit on July 11, 2018, 04:53:51 AM

Quote from: Elai101 on July 11, 2018, 04:08:31 AM

Well, for me the perfect time to stop is when you reach out of the limit. Like for example when you already loss big amount and you still seek for chances of winning but to the point that you have no more money left in your pocket. Another scenario that we need to stop is when you already won. Just save your profit for your family don't be greedy at this time.

Yeah but its really hard bro, sometimes example if we stil have some money maybe we lose/win in my thinking stil want to play to gain maximum profit but after that iam always losing my money

A lot of people are saying that it is easy to stop when you are losing or when you hit the limit but this is so hard to do when you are actually in the game or in the casino. I asked someone about it and he told me that it is really hard.

In that gambler's head, all he can think of is that he still has a chance, a hope to win that loss and will just quit or stop the game when he maybe regain what he lost or maybe won more than that. He might set a limit but nothing happens after that.

tabas

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Quote from: Initscri on July 26, 2018, 02:31:17 PM

I set a budget, for example, an arbitrary amount, and if I hit that point, I stop. It's happened before where I keep going, but as I look at gambling as purely entertainment, it's not worth losing any more money & losing the fun factor.

It's okay to lose if you are only looking at it as pure entertainment. You may say that losing the fun factor isn't worth it anymore but that's the cost that you can imagine you paid for.

Fatanut

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Quote from: Symphonized on July 26, 2018, 04:16:03 PM

Well you would not need to stop in any time if you had unlimited budget.
For example a very low strategy which it all comes to a max of 30 red streaks and you have sort of 1000BTCs.
You will never bust eventually Cheesy

There's still a possibility that you will lose by this strategy. Even with one bit as a base bet, it can blow up really quickly since the growth of your bet is exponential. Think about the maximum bet amount that you can do, btw. You might have 1000BTC and can recover from a tremendous number of lose streak. But, what if the website only allows you to bet a maximum of 1BTC.

On the other hand, is it really worth risking 1000BTC for a really low gain? This is very high risk since you're risking so much money for a really low gain. I think you can do a lot of better things with 1000BTC. Perhaps you can open a new gambling site yourself. This way, the chances of you making money is actually great.

The risk actually started right when you deposited 1000BTC in a gambling site. That's 7.9M$. I wouldn't really wonder if a gambling site would ruin their name and mysteriously disappear right after you deposited that amount of money to their website.

Symphonized

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Well you would not need to stop in any time if you had unlimited budget.
For example a very low strategy which it all comes to a max of 30 red streaks and you have sort of 1000BTCs.
You will never bust eventually Cheesy

Initscri

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I set a budget, for example, an arbitrary amount, and if I hit that point, I stop. It's happened before where I keep going, but as I look at gambling as purely entertainment, it's not worth losing any more money & losing the fun factor.

kurian

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I always pay with only a minimum amount of money which can be afford to lose. But, when I play I can't fight the inner voice to stop before the bust. However, I have managed to stick with a minimum profit by using seunjite bot. I set it to stop betting when the profit is achieved.

Digital_Lord

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I always start with a certain set amount and play until either thats gone or play until I am bored. For example if I start the game with 50$ to gamble and I end up finishing all of that before I got bored than I stop nevertheless, not try to recoup that at all. Usually I play like something smaller than 10 cents or so each bet so whenever I lose my money I only lose a small fraction of it and it takes a lot of time to lose all of it at which time I get bored anyway.

Daimon88

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Quote from: sweetbet on June 19, 2018, 11:37:58 PM

A gambler should stop when he/she has gambled as much as he/she can afford to lose.

This means that you accept that gambling is a win lose place in which one side wins and one side loses. It is clear that you have the opportunity to win because on one side if the opponent can win then you can also win, chances of winning and losing are same but it is actually luck and the experience you have in a specific game which increases your chances of winning in game.

emberbekas

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Quote from: ryzaadit on July 11, 2018, 04:53:51 AM

Quote from: Elai101 on July 11, 2018, 04:08:31 AM

Well, for me the perfect time to stop is when you reach out of the limit. Like for example when you already loss big amount and you still seek for chances of winning but to the point that you have no more money left in your pocket. Another scenario that we need to stop is when you already won. Just save your profit for your family don't be greedy at this time.

Yeah but its really hard bro, sometimes example if we stil have some money maybe we lose/win in my thinking stil want to play to gain maximum profit but after that iam always losing my money

If you found it's hard to limit yourself in gambling that means gambling isn't the right thing to do for you. Without knowing the limit and there is always a feeling to reach as much profit as possible for sure will kill our financial soon or later.

ryzaadit

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Quote from: Elai101 on July 11, 2018, 04:08:31 AM

Well, for me the perfect time to stop is when you reach out of the limit. Like for example when you already loss big amount and you still seek for chances of winning but to the point that you have no more money left in your pocket. Another scenario that we need to stop is when you already won. Just save your profit for your family don't be greedy at this time.

Yeah but its really hard bro, sometimes example if we stil have some money maybe we lose/win in my thinking stil want to play to gain maximum profit but after that iam always losing my money

Elai101

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Quote from: xandra on July 10, 2018, 10:14:57 AM

I know that I need to stop when I already cannot understand like almost losing in every deal of the game because bad luck is with me that day and even how I tried to the best I can do and still it is not effective that is the time I stop.

Well, for me the perfect time to stop is when you reach out of the limit. Like for example when you already loss big amount and you still seek for chances of winning but to the point that you have no more money left in your pocket. Another scenario that we need to stop is when you already won. Just save your profit for your family don't be greedy at this time.

quality.crypto

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Quote from: Shinpako09 on July 11, 2018, 02:53:22 AM

Quote from: Sukut on June 25, 2018, 06:37:39 PM

Quote from: sweetbet on June 19, 2018, 11:37:58 PM

A gambler should stop when he/she has gambled as much as he/she can afford to lose.

Well, kind of. You don't know when to stop. That's why you should have an amount in mind before you start playing.

But sometimes or most of the time rather, player always broke the amount they have set. If loss, frustration makes them non stop in playing or making depo right after a loss. If won, they are very confident that they can always do it so they will continue on playing and broke their limit they have set in win.

You are right, frustration will make them lose more because while loosing continuously we have to control ourselves by not gambling any more, but most of the people will start gambling without any limits and this makes them lose more money. To make profits we have to control ourselves by setting some limits.

Shinpako09

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Quote from: Sukut on June 25, 2018, 06:37:39 PM

Quote from: sweetbet on June 19, 2018, 11:37:58 PM

A gambler should stop when he/she has gambled as much as he/she can afford to lose.

Well, kind of. You don't know when to stop. That's why you should have an amount in mind before you start playing.

But sometimes or most of the time rather, player always broke the amount they have set. If loss, frustration makes them non stop in playing or making depo right after a loss. If won, they are very confident that they can always do it so they will continue on playing and broke their limit they have set in win.

xandra

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I know that I need to stop when I already cannot understand like almost losing in every deal of the game because bad luck is with me that day and even how I tried to the best I can do and still it is not effective that is the time I stop.

Sukut

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Quote from: sweetbet on June 19, 2018, 11:37:58 PM

A gambler should stop when he/she has gambled as much as he/she can afford to lose.

Well, kind of. You don't know when to stop. That's why you should have an amount in mind before you start playing.

Chachacoin17

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Quote from: crwth on June 20, 2018, 10:54:44 PM

Quote from: Lady Coquet on June 20, 2018, 11:52:50 AM

I know when its time to stop if i am already losing many times and i have earned enough of money, but sometimes i could not follow it because i can't control myself in betting if i am feeling lucky or winning several times. Better control yourself when playing because you might lose a lot of money.

It's all about what you can do for yourself. It's not just the habit that you gamble all the time, it's all the things that could potentially hurt yourself and not improve. It's going to be sad because of what you are doing to yourself mentally, physically, and spiritually. It's better to control yourself, just like you said.

As a professional individuals, we need to look at the possible outcome which probably be happening after that bad habit. So in determining when is the exact time to stop, it can be done at anytime with no specific plans. All those factors that maybe affected should be controlled as well, and don't just say it but rather do it because if somebody said they should be in control; it came out that they're controlled by gambling yet self control wasn't their already.

Forever_F7

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That's a good question! Cheesy

I don't know about another gamblers but I know when the time to stop. I often play with Bitcoin, Litecoin and Ethereum thats why I stop when my bankroll is less than 0.01(BTC,LTC,ETH). After this amount I will start after some hours with small payouts but anyway I'll lose Grin

berfanaf

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Quote from: sweetbet on June 19, 2018, 11:37:58 PM

A gambler should stop when he/she has gambled as much as he/she can afford to lose.

Every gambler in my opinion knows very well from the first day of his gambling that when he has to stop but due to some emotions of greed they have got, they are never willing to stop even when the time has come to stop. That is the only reason why almost all the gamblers are facing financial crisis all the time in their lives and will suffer if will not change.

Topic: When do you know its time to Stop? - page 4. (Read 3960 times)