Which is easier, stop when you are winning or stop when you are losing? - page 6.

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Quote from: virasog on February 12, 2020, 12:16:26 PM

I cannot stop in both cases. When I am winning I feel I should win more and keep playing. This way sometimes i win more but at other times i lose my winnings too. When i lose a game i get frustrated , i am tempted to play another game thinking that i will win another time and will cover my previous lose. Sometimes this works for me but at other times, i lose more money.

How do you behave if the game brings +/- zero profit/loss? Maybe you really like the game process and not the result, and therefore it is difficult for you to stop on time?

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Quote from: virasog on February 12, 2020, 12:16:26 PM

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 cannot stop in both cases. When I am winning I feel I should win more and keep playing. This way sometimes i win more but at other times i lose my winnings too. When i lose a game i get frustrated , i am tempted to play another game thinking that i will win another time and will cover my previous lose. Sometimes this works for me but at other times, i lose more money.

Well that would be the craziest thing we do but that's the reality I also experience that for quite sometime since greed actually hit when we are in luck nor in bad shape but litlle by little I manage to stop to control my emotion and not get addicted for certain games here. Maybe you should start to discipline yourself starting these days to avoid wasting money for not intended betting habits.

MATHReX

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It'll be easier for me to stop when I'm winning compared to when I'm losing.
It's true that the human tendency will make me keep playing more if there are frequent wins but controlling myself and stopping after making good gains is going to a positive for me.
Losing, on the other hand, will make it a bit difficult to control as I would be constantly trying to just get my losses back by winning a bit until I am at a point where I don't want to lose anymore or take any chances.

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I am on phase when win or lose i can stop gambling. Beside only play with small amount of money, i have something else to do beside gambling so my time is not only to play gambling especially i am sportsbetting fan. I think make sure we not use a lot of time to play gambling is simple way that can help us avoid an addiction.

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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 cannot stop in both cases. When I am winning I feel I should win more and keep playing. This way sometimes i win more but at other times i lose my winnings too. When i lose a game i get frustrated , i am tempted to play another game thinking that i will win another time and will cover my previous lose. Sometimes this works for me but at other times, i lose more money.

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Quote from: Ailmand on February 12, 2020, 02:27:08 AM

I guess the same goes for both. Whenever a gambler wins they become greedy and crave for more money. On the other hand, when gamblers lose they chase for their losses. So in both situation, it is still difficult to stop.

Take note that any habits that you isually do or do in a regular basis is something difficult to stop. It might take time and you might need to withdraw on it gradually.

Greediness will stop us from thinking which of which is better. It's evident from many experiences that people lose more due to being greedy. Not stopping when already won same with keep pushing and not stopping when already loss a lot. We need to know what our goal is even the temptation is too high, know your goal so focus and set the goal amount that will stop when won and amount already spend for you to stop.

A wise gambler always set it's limitations, if you wanted to take advantage you should create a system that will allow you to control the situations. When you already lose such amount from your set goals best to stop, same with when you are winning. Don't allow greed to control you, it's always nice to quit when you are in winning status, enjoying the luxuries of your winning money.

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

Do we have the same attitude or not?

Definitely we have the same attitude because taking stopping with profit is easier than stopping to avoid further loss. The reason is that although greediness triggers on both situation, when we are losing we are more likely to get anger thus it makes our emotion arise rapidly without knowing to ourselves that it occure as we're busy recovering that losses. On the other hand when we stop with profit, what our problem is that we aren't contented but it's more acceptable and your emotion at that situation is less aggressive.

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Quote from: xvids on February 12, 2020, 08:37:50 AM

It depends on each and everyone of us there are some who finds it easier to stop when winning because they are contented with their profit,
While there are some who finds it easier to stop when they are losing because they don't want to lose more money.
But for me it is easier to stop when you are winning rather than losing because we already have a profit while it is hard for me to accept my lose.

Theoretically it is easier for people to stop on gambling when they lose. Because there's goig to be 2 factors that will be affecting their decision as compared to winning which is only one. They can be forcibly stopped to gamble when all their monies have dried up. This is one of the biggest reality checks there is after all. Another is through self-realization. Once they notice the aftermath and the monster they have become. They are sure to be convinced to stop on betting or gambling. As per winning however, humans have this mindset that if they have done it once, they can do it again. So most probably people winning will still comeback to gambling once they tasted huge racks.

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Quote from: DabsPoorVersion on February 12, 2020, 08:53:49 AM

Quote from: xvids on February 12, 2020, 08:37:50 AM

It depends on each and everyone of us there are some who finds it easier to stop when winning because they are contented with their profit,
While there are some who finds it easier to stop when they are losing because they don't want to lose more money.
But for me it is easier to stop when you are winning rather than losing because we already have a profit while it is hard for me to accept my lose.

But commonly, it is hard to stop when you are winning because it is common for an individual to hope for more winnings. Winning drives a certain gambler to become greedy and that is when they find it difficult to stop. On the other hand, it is easier to stop if you are losing since you will realize that you don't have enough money to gamble if you continue.

Indeed, in most cases, I feel that gamblers only stop when they lose, instead of stopping when they are winning because as you say, psychology and victory will push our pace and rhythm very high, we will think we are the champions at that time and nothing can stop us from harvesting in casino but obviously, this inconsistent speed makes us lose our temper and cannot control the game, things will get worse from that moment. While in the case of losing, we will have more thought to stop when we know our money is exhausted, more accurately, we are forced to stop when the fuel runs out.

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

Do we have the same attitude or not?

In the past, I don't have that but today, win or lose, I can stop myself whenever I wanted too. At that time, I am addicted to gambling, I can't really stop unless my wife told me to. That is why I spend a lot of time with her asking her to stop myself from gambling. That is not enough since there are also a lot of people that talk to me so I can refrain from gambling. It is not an easy process and it really took time, and take note, even though my addiction to it stopped, I still gamble but now I can control myself it is just that I can't stop completely.

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It is neither IMO. Having good streaks sometimes give you that feeling that you will not lose, urging you to play more and more even though the threat of losing is imminent. Whereas on the losing side of things, your mind urges you to chase your losses resulting into an even more loss, which is unfortunately harder to bear than the former. Depending on a person’s self-control, he could win big or lose small—or lose it all. It’s a case by case basis, but I know for sure that for me, it’s easier to quit when I lost than to quit when I have lots of money left to blow.

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Quote from: Questat on February 12, 2020, 07:40:28 AM

Quote from: finaleshot2016 on February 11, 2020, 07:08:42 PM

I can say that it's very easy to enjoy gambling if your perspective towards gambling is just entertainment, right? Cheesy

Obviously because you will not long to win back your loses as you understand when you try to haven fun you'll need to spend and you are also aware of the reality that most gamblers are losers, so you won't make an exemption.

We don't have to spend all of the money to get fun because if we can have a calculation on how much money we use in gambling, we can limit the money that we will use. Maybe we can set how long we gamble, so if the time is run out, we can stop gambling, and take the rest of the money with us. We can come back again tomorrow.

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Quote from: xvids on February 12, 2020, 08:37:50 AM

It depends on each and everyone of us there are some who finds it easier to stop when winning because they are contented with their profit,
While there are some who finds it easier to stop when they are losing because they don't want to lose more money.
But for me it is easier to stop when you are winning rather than losing because we already have a profit while it is hard for me to accept my lose.

We all know that gambling is one of the ways to earn a lot of profit as a gambler we want to seek some fun but most of us want to play gambling games because we want to earn more extra money. To win all of your games it is better if you choose the right platform so it is easier for you to win. As a gambler, we always expecting the loss of money and having a profit and one of the problems is when is the right time to stop. Sometimes being greed can make us to make more earning because with the use of momentum on earning money we can get a lot more. But sometimes being greed can cause too much loss of money because the use of gut feels we did not expect the scenario of having too much wage and risk. As a player too I would like to recommend that if you got already a profit it is better to stop for a while than risking all of your money.

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Quote from: xvids on February 12, 2020, 08:37:50 AM

It depends on each and everyone of us there are some who finds it easier to stop when winning because they are contented with their profit,
While there are some who finds it easier to stop when they are losing because they don't want to lose more money.
But for me it is easier to stop when you are winning rather than losing because we already have a profit while it is hard for me to accept my lose.

But commonly, it is hard to stop when you are winning because it is common for an individual to hope for more winnings. Winning drives a certain gambler to become greedy and that is when they find it difficult to stop. On the other hand, it is easier to stop if you are losing since you will realize that you don't have enough money to gamble if you continue.

xvids

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It depends on each and everyone of us there are some who finds it easier to stop when winning because they are contented with their profit,
While there are some who finds it easier to stop when they are losing because they don't want to lose more money.
But for me it is easier to stop when you are winning rather than losing because we already have a profit while it is hard for me to accept my lose.

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For me, it is easier to stop if you are losing.

Tendencies that may happen if you are losing is that, you will not borrow money anymore from other people because you know already that you lose your money unless you are an addicted gambler and you will always find a way to find money. Stopping when losing is easier because you are lacking of funds already.

If you are winning, chances are you will not stop because the more winnings you have the more you become greedy and you will not stop until you lose all of your money.

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Quote from: Ailmand on February 12, 2020, 02:27:08 AM

I guess the same goes for both. Whenever a gambler wins they become greedy and crave for more money. On the other hand, when gamblers lose they chase for their losses. So in both situation, it is still difficult to stop.

Take note that any habits that you isually do or do in a regular basis is something difficult to stop. It might take time and you might need to withdraw on it gradually.

For me its better to stop when you losing because there is possibility to save some of your money from losing. As long as you continue you might possible to lose it all, so its better to stop specially to those people who now become addictive to gambling. Stop as long as you can because when you do gambling there is a big possibilty you might regret it in the end. Stop when you feel that you started to lose everything, and you cannot control it.

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Quote from: finaleshot2016 on February 11, 2020, 07:08:42 PM

I can say that it's very easy to enjoy gambling if your perspective towards gambling is just entertainment, right? Cheesy

Obviously because you will not long to win back your loses as you understand when you try to haven fun you'll need to spend and you are also aware of the reality that most gamblers are losers, so you won't make an exemption.

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Quote from: mu_enrico on February 11, 2020, 07:38:44 AM

~

Quote from: Betwrong on February 11, 2020, 06:04:01 AM

That's hilarious!

... and also pretty much correct, at the same time.

When I say that I enjoy gambling regardless of whether I'm winning or losing, people often ask, "How can you enjoy losing?". Well, because I often buy stupid stuff with the won money, the stuff I regret buying, and that feeling of regret is not what I want to experience in the nearest future. How about that? )

LOL, I still remember I have spent a lot to buy winemaking kits, with all the high-quality yeast to make the best wine ever. Only used twice.
Or when I bought quite expensive latex -allergen-free- pillow. The most expensive night ever! Only used once, and I never use it again since it hurts my neck.

Yeah, I can feel you, mate, I used to buy a lot of unnecessary stuff too. And now I think if I'd just gamble that money away, I'd feel much better afterwards. In my case it's books, $20-$30 per copy, most of which I don't have time to read, but I can't make myself to throw them away either, so I'm doomed to be reminded of my stupidity, probably forever. )

Quote from: mu_enrico on February 11, 2020, 07:38:44 AM

Anyway, which one is easier, stop loss or take profits, depends on your playing style. However, in behavioral finance, traders tend not to cut short their losses, but hold their assets down with the market (or it is easier to stop when they win). Hence, I place a hard limit every time I play because it's a lot harder to stop when you lose. I hope that "science" makes sense.

It makes perfect sense to me, and, in fact, that's what I do, with some rare exceptions. Knowing that it's much harder to stop after losing a significant amount, I simply don't bet with such an amount.

Ailmand

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I guess the same goes for both. Whenever a gambler wins they become greedy and crave for more money. On the other hand, when gamblers lose they chase for their losses. So in both situation, it is still difficult to stop.

Take note that any habits that you isually do or do in a regular basis is something difficult to stop. It might take time and you might need to withdraw on it gradually.

Topic: Which is easier, stop when you are winning or stop when you are losing? - page 6. (Read 1223 times)