Which is easier, stop when you are winning or stop when you are losing? - page 3.

pixie85

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Quote from: Betwrong on February 16, 2020, 06:39:57 AM

Quote from: pixie85 on February 15, 2020, 08:01:50 PM

Usually it's easier to stop when you're losing because you have some money on your account or in your pocket and if that runs out you will stop whether you like it or not.
~

I disagree with this. Losing their balance on a gambling site don't stop people from gambling more and more. They simply deposit another amount, which is usually bigger than the previous one, because they want to recover their losses. And if they don't have money of their own, they borrow it. It is called "chasing losses", and it's a real hell, if you ask me.

On the other hand, for those gamblers who only play with money they can afford to lose, indeed losing their balance means stop for the day. And although it's the majority of gamblers, I don't think we are talking about them in this topic, because for them it's not hard to stop at any time, regardless of whether they are losing or winning.

I said that when you run out of money you will stop whether you like it or not. You won't be able to deposit anything if you're out of money. Borrowing may work for some people but who's going to offer a credit like to a broke addict? This may work once but then you're on the blacklist and it's all over.

You've said it yourself that the majority stops when they lose what they have on their casino balance or in their pockets. For most people this will be a signal to stop.

Betwrong

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Quote from: South Park on February 19, 2020, 04:28:10 PM

Quote from: Betwrong on February 16, 2020, 06:39:57 AM

Quote from: pixie85 on February 15, 2020, 08:01:50 PM

Usually it's easier to stop when you're losing because you have some money on your account or in your pocket and if that runs out you will stop whether you like it or not.
~

I disagree with this. Losing their balance on a gambling site don't stop people from gambling more and more. They simply deposit another amount, which is usually bigger than the previous one, because they want to recover their losses. And if they don't have money of their own, they borrow it. It is called "chasing losses", and it's a real hell, if you ask me.

On the other hand, for those gamblers who only play with money they can afford to lose, indeed losing their balance means stop for the day. And although it's the majority of gamblers, I don't think we are talking about them in this topic, because for them it's not hard to stop at any time, regardless of whether they are losing or winning.

When something happens so often that it gets its own name then it should be obvious which of the two options given by the OP is easier, I have never heard of people chasing winners but I have heard and see a lot of people chasing their losses, they simply cannot admit they lost money to the casino even if it is a mathematical certainty that if you play a game with a negative expectation for the long term that you are going to lose money, for some reason they are unable to accept this fact and they keep chasing their losses regardless of it.

For the fairness' sake, I must say that it is currently unknown, for how long one should play so that the house edge would certainly overweigh any possible luck. With millions of bets made, house edge would definitely show itself, but we can't say the same about, say, 400-500 bets.

"Chasing losses" is a bad practice overall, because it nudges you on the path of an addicted gambler, but I wouldn't say that winning with that is against math.

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Quote from: mirakal on February 10, 2020, 05:15:39 AM

I like to know your opinion about the question because I believe every gambler has a different way of managing himself.

My answer to the question is I can easily stop when I am winning because I am afraid I might end up with nothing since I know to myself that I am not yet consistent enough to win in gambling, however, based on my experience, I can't easily stop when I am losing despite the fact that I already set up a limit to gamble in a certain day or a certain session.

Do we have the same attitude or not?

I have the same attitude as yours bro because I am also easy to stop on gambling especially when I feel that I am winning because the fact that I may lose on the following rounds and go home as a loser, I will just stop on gambling once I feel that I am already winning so that I will go home with the money and I will go home happy because I've won than going home with nothing and losing money. So I just prefer stop gambling whenever you are winning already.

White Christmas

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I think it is more easier to stop when you are losing because in my case if I am playing or gambling once I have been won I will just continue it because there is a fact that I can win more on the next round and if I win then the 3rd round I can bet again the same amount because there is nothing I can lose because that money is just what I have been won I am not losing my capital at the first place. Than a continuous losing in which you will be able to stop on gambling because you are in a bad luck and you doesn't have more money to play with.

Wintersoldier

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Quote from: DabsPoorVersion on February 21, 2020, 09:23:42 AM

Quote from: Blackdeath on February 21, 2020, 08:08:27 AM

Quote from: mirakal on February 10, 2020, 05:15:39 AM

I like to know your opinion about the question because I believe every gambler has a different way of managing himself.

My answer to the question is I can easily stop when I am winning because I am afraid I might end up with nothing since I know to myself that I am not yet consistent enough to win in gambling, however, based on my experience, I can't easily stop when I am losing despite the fact that I already set up a limit to gamble in a certain day or a certain session.

Do we have the same attitude or not?

I assumed that we all have the same attitude when it comes to gambling. It is really much easier to stop when you are winning than losing in the game because we are afraid to lose all of our money when we are already winning. The reason why it is hard to stop when we are losing because it is hard to accept that we are losing, so we keep trying to win back all of our losses.

I don't think that it works like that,

It is much harder to stop when you win because you have the feeling of being lucky enough to win more. So, as long as you win, you continue to play until you end up losing.
Compared to losing, you can immediately stop since you end up losing your money, you have this feeling of being unlucky and will stop right away.

I think it depends to a person if he can control himself from staying away from gambling whether he wins or lose. I think you are really irresponsible when you can't control yourself when you've already won and lost many times because you should always watch your actions and you should know your limits to avoid huge losses.

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Quote from: Blackdeath on February 21, 2020, 08:08:27 AM

Quote from: mirakal on February 10, 2020, 05:15:39 AM

I like to know your opinion about the question because I believe every gambler has a different way of managing himself.

My answer to the question is I can easily stop when I am winning because I am afraid I might end up with nothing since I know to myself that I am not yet consistent enough to win in gambling, however, based on my experience, I can't easily stop when I am losing despite the fact that I already set up a limit to gamble in a certain day or a certain session.

Do we have the same attitude or not?

I assumed that we all have the same attitude when it comes to gambling. It is really much easier to stop when you are winning than losing in the game because we are afraid to lose all of our money when we are already winning. The reason why it is hard to stop when we are losing because it is hard to accept that we are losing, so we keep trying to win back all of our losses.

I don't think that it works like that,

It is much harder to stop when you win because you have the feeling of being lucky enough to win more. So, as long as you win, you continue to play until you end up losing.
Compared to losing, you can immediately stop since you end up losing your money, you have this feeling of being unlucky and will stop right away.

Blackdeath

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Quote from: mirakal on February 10, 2020, 05:15:39 AM

I like to know your opinion about the question because I believe every gambler has a different way of managing himself.

My answer to the question is I can easily stop when I am winning because I am afraid I might end up with nothing since I know to myself that I am not yet consistent enough to win in gambling, however, based on my experience, I can't easily stop when I am losing despite the fact that I already set up a limit to gamble in a certain day or a certain session.

Do we have the same attitude or not?

I assumed that we all have the same attitude when it comes to gambling. It is really much easier to stop when you are winning than losing in the game because we are afraid to lose all of our money when we are already winning. The reason why it is hard to stop when we are losing because it is hard to accept that we are losing, so we keep trying to win back all of our losses.

maydna

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Quote from: aioc on February 16, 2020, 10:31:49 AM

Quote from: mirakal on February 10, 2020, 05:15:39 AM

~snip~

I find it much easier to stop then when I am winning a game, I am the kind of gambler that wants to enjoy my winnings by having a drinks or celebration, although I also have control when I am losing but stopping when winning is the hardest thing for me.

I guess many gamblers will feel hard to stopping when they win gambling because they will feel to get to play more rounds and try to get more winnings. But unfortunately, as we don't know what will happen in the next round, the chances for us to get a win will not have a big opportunity because we also don't know if the luck still beside us or not. But if we can stop right away after we win the game, that will help us to save the win money so we can withdraw the money (if the money is big) and we can celebrate the winning moment with our friends or family.

Diced90

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Quote from: akirasendo17 on February 19, 2020, 09:01:28 PM

This is a tricky to answer because bought ways have tendencies that you will likely to go on and don't stop
here is why

When you bet and you win , you get excited you want to win more, because your thinking is this is my lucky day i should not waste it
on the the other hand, When you continue loosing, you wan't to get the money back no matter what, so you go on betting, although
the result is different , when you are winning you get profit , when your loosing you lost your money,

Yep.

Winning new money and losing your money are not just opposites.

Losing is more bad than winning is good, which few people seem to understand.

The sadness that comes from losing easily tips the scales against the happiness that comes with winning.

bitcoinst

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Quote from: aioc on February 16, 2020, 10:31:49 AM

Quote from: mirakal on February 10, 2020, 05:15:39 AM

~snip

I find it much easier to stop then when I am winning a game, I am the kind of gambler that wants to enjoy my winnings by having a drinks or celebration, although I also have control when I am losing but stopping when winning is the hardest thing for me.

There is one small error in your strategy. You exit the game when you reach a certain result. However, when you win gambling it can be
due to your luck or because you are really good at the moment, your concentration is on top and you make the right decisions.

If you play well, your concentration is at its peak, it is in your interests to spend as much time as possible in the game in this state in order to maximize your profits and to some extent minimize the risks associated with a bad game in less concentrated emotional states.

Leaving the game ahead of time you lose some advantage in the framework of your game over a long distance.

Genemind

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Quote from: mirakal on February 10, 2020, 05:15:39 AM

I like to know your opinion about the question because I believe every gambler has a different way of managing himself.

My answer to the question is I can easily stop when I am winning because I am afraid I might end up with nothing since I know to myself that I am not yet consistent enough to win in gambling, however, based on my experience, I can't easily stop when I am losing despite the fact that I already set up a limit to gamble in a certain day or a certain session.

Do we have the same attitude or not?

Don't be greedy and handle your funds wisely and you don't have to make such decisions hard. We all know that gambling couldn't guarantee us an assurance of gaining a good profit all the time so we should accept the fact that there will always be losses along the way so we have to know our limits.
If we know how to handle our funds, we will know when to stop and when to take the risks. It all goes with self-discipline.

onrise

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Quote from: aioc on February 16, 2020, 10:31:49 AM

Quote from: mirakal on February 10, 2020, 05:15:39 AM

I like to know your opinion about the question because I believe every gambler has a different way of managing himself.

My answer to the question is I can easily stop when I am winning because I am afraid I might end up with nothing since I know to myself that I am not yet consistent enough to win in gambling, however, based on my experience, I can't easily stop when I am losing despite the fact that I already set up a limit to gamble in a certain day or a certain session.

Do we have the same attitude or not?

I find it much easier to stop then when I am winning a game, I am the kind of gambler that wants to enjoy my winnings by having a drinks or celebration, although I also have control when I am losing but stopping when winning is the hardest thing for me.

The major and hard thing for you is easy which is to stop in losses beacuse human are such that always want money back or play to recover those lost money and only if you have self control can stop it . While when you are winning at the max you lose that winning amount if you continue gambling and then you may stop once you lose all your winning so effectively you lost nothing from your capital side .

akirasendo17

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This is a tricky to answer because bought ways have tendencies that you will likely to go on and don't stop
here is why

When you bet and you win , you get excited you want to win more, because your thinking is this is my lucky day i should not waste it
on the the other hand, When you continue loosing, you wan't to get the money back no matter what, so you go on betting, although
the result is different , when you are winning you get profit , when your loosing you lost your money,

South Park

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Quote from: Betwrong on February 16, 2020, 06:39:57 AM

Quote from: pixie85 on February 15, 2020, 08:01:50 PM

Usually it's easier to stop when you're losing because you have some money on your account or in your pocket and if that runs out you will stop whether you like it or not.
~

I disagree with this. Losing their balance on a gambling site don't stop people from gambling more and more. They simply deposit another amount, which is usually bigger than the previous one, because they want to recover their losses. And if they don't have money of their own, they borrow it. It is called "chasing losses", and it's a real hell, if you ask me.

On the other hand, for those gamblers who only play with money they can afford to lose, indeed losing their balance means stop for the day. And although it's the majority of gamblers, I don't think we are talking about them in this topic, because for them it's not hard to stop at any time, regardless of whether they are losing or winning.

When something happens so often that it gets its own name then it should be obvious which of the two options given by the OP is easier, I have never heard of people chasing winners but I have heard and see a lot of people chasing their losses, they simply cannot admit they lost money to the casino even if it is a mathematical certainty that if you play a game with a negative expectation for the long term that you are going to lose money, for some reason they are unable to accept this fact and they keep chasing their losses regardless of it.

Bohxz M4p4gm4h4l25

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Quote from: mirakal on February 10, 2020, 05:15:39 AM

I like to know your opinion about the question because I believe every gambler has a different way of managing himself.

My answer to the question is I can easily stop when I am winning because I am afraid I might end up with nothing since I know to myself that I am not yet consistent enough to win in gambling, however, based on my experience, I can't easily stop when I am losing despite the fact that I already set up a limit to gamble in a certain day or a certain session.

Do we have the same attitude or not?

We are the same, I will go to the safest place. When I win in gambling and hit my certain standard, I will now stop for a while and I can invest it on bitcoin. Maybe this is a wise management of funds because if we dont limit ourselves, we will ended up as gambling addict and this might affect our relationship with other people or worse hurt other people.

aioc

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Quote from: mirakal on February 10, 2020, 05:15:39 AM

I like to know your opinion about the question because I believe every gambler has a different way of managing himself.

My answer to the question is I can easily stop when I am winning because I am afraid I might end up with nothing since I know to myself that I am not yet consistent enough to win in gambling, however, based on my experience, I can't easily stop when I am losing despite the fact that I already set up a limit to gamble in a certain day or a certain session.

Do we have the same attitude or not?

I find it much easier to stop then when I am winning a game, I am the kind of gambler that wants to enjoy my winnings by having a drinks or celebration, although I also have control when I am losing but stopping when winning is the hardest thing for me.

Sebas.tian

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Hmm, I can't stop when am loosing and can't stop when am winning: what determine my stop is my limit set. As a.long-term gambler I am, I gamble based on my set limit and not winning nor lose determine when am to stop gambling. For those who believe in stop while winning in gambling will definitely get it wrong. Neither be at lose will stop while gambling, the only thing that should determine when we should stop; should be limit. With this, addiction will never come into a gambler or close the said person.

FlightyPouch

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Quote from: Ailurophile on February 15, 2020, 10:28:52 PM

I think it is easier to quit when I am losing After losing,

Either win or lose I think I don't have a problem but I do agree that it is easier to quit when you are losing. The thing about is that if you are aware that you are losing continuously, you better start or take a safe decision rather than recklessly betting all of the money you had. Those streaks of losses will tell how unlucky you are that day, you should be aware of that as always.

iv4n

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Quote from: serjent05 on February 16, 2020, 08:59:54 AM

Quote from: mirakal on February 10, 2020, 05:15:39 AM

Do we have the same attitude or not?

I think we have the same attitude on the winning part but we are opposite on the losing part. Whenever I play gambling games, I always have this plan sort out. Set a maximum amount to lose and set a minimum amount to win before quitting the session.

Honestly, it is quite easy, just try it and stick to the plan. You will find it amazing how easily we can control our gambling activities.

You can stick to the plan as long as you wish, but when you get a fever it's will be a trouble to stop. On other side when you lose the money you can't gamble even if you want to. Quitting while you have advantage is always a good thing, but it's not always possible due our human nature, our greediness. When we lose everything we have no options than to quit, from that side I would say it's easier to quit when you lose, just because lack of options.

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Quote from: mirakal on February 10, 2020, 05:15:39 AM

Do we have the same attitude or not?

I think we have the same attitude on the winning part but we are opposite on the losing part. Whenever I play gambling games, I always have this plan sort out. Set a maximum amount to lose and set a minimum amount to win before quitting the session.

Honestly, it is quite easy, just try it and stick to the plan. You will find it amazing how easily we can control our gambling activities.

Topic: Which is easier, stop when you are winning or stop when you are losing? - page 3. (Read 1223 times)