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Topic: Which is easier, stop when you are winning or stop when you are losing? - page 9. (Read 1223 times)

newbie
Activity: 2
Merit: 0
Only two rules needed when gambling:

1. Don't ever gamble with cash you can't afford to lose
2. Quit when you're up

works for me  Smiley
sr. member
Activity: 1638
Merit: 278
I can stop easily no matter what the result is because I don't use gambling to make money.
That's really strong will power because myself as a fun gambler I find it hard to stop when I feel like I am in knack of gambling. And I can assure you I am very controlled gambler, but it's hard to stop for me so you must have a strong will power.

if someone can stop when you are winning, that will be good because he can save the winning money for the next days or another thing.
True but there is always a feeling like we could have make more money if we continued. I mean let's assume we find a gold mine and we know we can't dig too much else we will loose all, suppose of it as a game. Now no matter when you stop you will always feel like you could have got a few more Cheesy.
hero member
Activity: 1848
Merit: 601
The Martian Child
I think it is easier to stop when I am winning. I always have budget limitations on my bettings so it won't be that hard to stop when i'm losing. Stopping to bet when winning is too difficult because it is already free money and as humans we are greedy by nature. This happened to me last late 2017 when I don't want to sell most of my bitcoins because I wanted to become a dollar millionaire by 2018 with my friends (we were bunch of crypto enthusiasts that time hoping to become dollar millionaires by 2018). We ended up losing hundreds of thousands of dollars. Toughest lesson learned on my financial management side. 
hero member
Activity: 1638
Merit: 576
Leading Crypto Sports Betting & Casino Platform
It's definitely easier for me at least to stop while I'm ahead.

I suggest that crypto gamblers have a setup whereby any BTC that they withdraw in winnings to a fiat bank account are kept their - and they only play with the profits that they make or whatnot. That way, you are sure that even if losses accumulates later down the road, there is too much effort in converting the fiat back to BTC to feasibly go and get more coins to chase your losses with.

But both these activities are just as equally destructive. Have a good mindset and you shouldn't ever have these issues.

I actually dont think that would do much to curb the issue.

What's to stop them just playing at a fiat casino? I actually think it might make the problem worse, since they'll then be forced to play at a casino that is even more accessible, thereby fueling the addiction.

I think there should be some sort of bank account option, where users can opt to block deposits to known casino sites. That might work to increase the barrier to entry.
sr. member
Activity: 2016
Merit: 322
For me, it's easier to quit while I'm ahead, than while I'm down.

I think it's just my competitive mindset, I'll often try to recoup my losses by pouring more money in, which has worked out fine for me more often than not.

I know that one day I'll eventually get ruined this way, so I've begun setting strict limits that I won't exceed. It's always better to stop after a win, remember that guys.
For me too because when I have won some certain amount there is a fear that develops inside me that tell me I am about to loose and even as I lose little amount after that I feel like the bad streak is on its way any moment and much easier to stop for me.

Like if I deposited 0.01 BTC and I make it to 0.014 then I must say that it's hard to stop right there but suppose I make loss and come back to 0.013 then it's almost a certain stop from my side because I feel like I am about to loose all I won and this works for me.

But, there are times when I am loosing and it's hard to stop, so yes for me its easier to stop when I am winning rather than when losing.
hero member
Activity: 1666
Merit: 753
It's definitely easier for me at least to stop while I'm ahead.

I suggest that crypto gamblers have a setup whereby any BTC that they withdraw in winnings to a fiat bank account are kept their - and they only play with the profits that they make or whatnot. That way, you are sure that even if losses accumulates later down the road, there is too much effort in converting the fiat back to BTC to feasibly go and get more coins to chase your losses with.

But both these activities are just as equally destructive. Have a good mindset and you shouldn't ever have these issues.
hero member
Activity: 2828
Merit: 611
As a casual gambler, it is easier for me to stop when I lose since my strategy is simple, "go big or go home." I mean, I always play with a planned budget, let's say $25 at the weekend. This $25 is money that often goes to zero when I play lol.
Here you are wrong actually because you actually stop when you win big and and you loose then you don't mind loosing all of it, right?

I mean just re-think about what you are saying once, you loose all $25 and then you would stop or you would stop after you have lost say around $12 from 25 .. you will obviously say you stop at loosing it all so it's actually the fact that you can't stop when you are losing.

When I won, I used the money to buy stupid stuff, then regret why I bought that stuff. Well, that's how I enjoy my simple life.
Haha, I know that feeling I too make such purchases which I don't mean to actually buy when I have some extra funds from either gambling or anything else and I don't mind this habit 1 bit because I have so many more items now which i won't have if I acted miserly.
full member
Activity: 1162
Merit: 168
it is easier to stop when losing. because there is a limit of losing. and if you loose everything it is really hard to start from the beginning.
I can get your point but when I am loosing I feel like I will just recover my frequent loss and then just stop so it works as a catalyst for me during gambling to gamble even more. I am not addicted to gambling but it is just my perspective that whenever I deposited I am not feared to loose it all, though obviously I don't want to loose it. That freedom between I don't mind loosing what I have and I don't like losing what I have lost is what makes it harder for me to stop gambling when I am in loss. This is true for dice and other instant virtual games though.

In sports betting I rather like to stop when I feel like it's just not my day and my picks aren't working.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
I like Soccer, this is not about money. it is about something I love. Before, I didn't go into the sports betting section, which is why I didn't use the betting site. But I've been playing video games for years (for over 15 years) and I always liked PES (Pro Evolution Soccer) for that reason even when I lose money I don't give up on sports betting. Is very frustrating when the person has a long losing streak. When that happens to me I reduce the value of my bets and try to remember the mistakes I made to correct

legendary
Activity: 2926
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
Definitely stop when losing. Whenever I win it is very difficult to stop because I end up seeing my money going up and up and up so I can't stop, I could make a few bucks here and than a few bucks there and keep going. I guess most gambler here might have experienced that excitements for sure hence there will be no chance at all for stopping after winning.

However, when I am losing its very easy to stop because I see my coins diminishing and that means I will have less and less money the longer I play so its wise to stop. Plus when you try to recoup what you have lost, you end up losing even more so its quite dangerous to do something like that.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
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 do not have any problem stopping myself in either case since I have very strict rules when it comes to that, if I am losing as soon as I lose the amount of money I had decided beforehand then I stop immediately and when I am winning as soon as the time I decided to use for my gambling activities is reached I stop immediately as well, however in my experience when I see other gamblers they have way more problems stopping themselves when they are losing than when they are winning.
hero member
Activity: 1022
Merit: 535
it is easier to stop when losing. because there is a limit of losing. and if you loose everything it is really hard to start from the beginning.
hero member
Activity: 1638
Merit: 576
Leading Crypto Sports Betting & Casino Platform
For me, it's easier to quit while I'm ahead, than while I'm down.

I think it's just my competitive mindset, I'll often try to recoup my losses by pouring more money in, which has worked out fine for me more often than not.

I know that one day I'll eventually get ruined this way, so I've begun setting strict limits that I won't exceed. It's always better to stop after a win, remember that guys.
hero member
Activity: 2590
Merit: 644
~snip~
When I won, I used the money to buy stupid stuff, then regret why I bought that stuff. Well, that's how I enjoy my simple life.
^ Wonderful idea bud. That's like gambling, even you are wasting your money buying stupid stuff but in the end, you enjoyed it. Because you can afford it.
Back to the OP, it easy to stop when you have no enough balance to play. But you should always train your mind to stop when you are winning and stop when you are losing. It's a matter of emotions and greed. You have to make sure that you are in control so you can avoid greed starvation. Winning doesn't mean you need to win more. You have to forget the feeling that you might still win more when you already won. Sure win is the thing you have to focus on.
full member
Activity: 1638
Merit: 122
As a casual gambler, it is easier for me to stop when I lose since my strategy is simple, "go big or go home." I mean, I always play with a planned budget, let's say $25 at the weekend. This $25 is money that often goes to zero when I play lol.

When I won, I used the money to buy stupid stuff, then regret why I bought that stuff. Well, that's how I enjoy my simple life.

the phrase you said  "go big or go home." is kinda popular and i heard that alot on the gambling site that i play  . most people have that vision on there but i guess majority of gamblers are like that too except from me  hehe because my vision is just play for fun  but if i won i be glad and take it out  . i will only stop once i already got bored  . cant say the exact time but that will not be the same depending on my mood   .  on your case , you think that you better gambler for a posiblity to win big than to spend useless stuff which sounds like a good idea
copper member
Activity: 2324
Merit: 2142
Slots Enthusiast & Expert
As a casual gambler, it is easier for me to stop when I lose since my strategy is simple, "go big or go home." I mean, I always play with a planned budget, let's say $25 at the weekend. This $25 is money that often goes to zero when I play lol.

When I won, I used the money to buy stupid stuff, then regret why I bought that stuff. Well, that's how I enjoy my simple life.
hero member
Activity: 2352
Merit: 905
Metawin.com - Truly the best casino ever
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 amn't gamber and can't answer this question directly but would love to state my opinion.
Without doubt, everything depends on personality, self-control and etc. But on another hand a lot of people find it easy to stop when they win a lot of amount of money. For example when someone won high jackpot during playing slots, in this case a lot of users stop gambling and go away to withdraw funds.
But when someone just plays particular game and wins, then it's usually hard for them to stop because they think like this: Today I'm lucky and let's get the most out of it. Then after some loses they think: let's try one more time and get that high amount back and then you know OP what happens. But it's still individual cause some may thought in different way. For example when you just need 50$ and won this amount, you may not risk to gamble and increase or decrease your money.
But in overall, I can say that when someone wins it's much more easier to stop compared to when someone loses.
full member
Activity: 1442
Merit: 153
★Bitvest.io★ Play Plinko or Invest!
I gamble for the entertainment, so staying within my budget is quite simple. I have set aside a percentage of my income for entertainment and I work out how many times I can gamble and/or go to the movies and out for lunch in advance. If I go over my budget for one of these things, I do not have any money left over to enjoy the rest of the month, so I am forced to stay within my own budget.  Wink

I have to be honest too, if I am on a winning streak... it is sometimes very difficult to cash out and to stop, because you always feel that it is not your money that you are gambling with. I normally go on too long and I break even with what I started with, but it is always a lot of fun.

I promised myself, if I start chasing losses, I will stop gambling.  Wink
Well, there are people that gamble because they are good at it, and they feel good when they win but if they lose the eagerness to win will put them to play again. That is why gambling is not so easy to stop when you tried and feeling good at it. Some people gamble because of entertainment, some are just wasting their money and some are using skill to earn. It actually depends on the decision of a person if he really wants to stop he can stop, he can say that to himself that he needs to stop because he is losing money.

I will says this based on my habit and my own experience that during gambling if i compare to those common things above which usually happen in gambling then i will easily to stop gambling while i'm won and so far i can able to control my desire while gambling with not too greedy and usually if i can won 50% or less from my initial amount of money then i will stop and leave the game and starting it again for another days
This person is one example of a good gambler because he allot a certain amount of money to gamble and it is good to a person if he really wants to gamble, because if they lose they can stop so that he cannot lose all of his money. Just consider the future because even if how much money you have when you are too much addicted to gambling, it can make you poor.
sr. member
Activity: 1638
Merit: 278
I will says this based on my habit and my own experience that during gambling if i compare to those common things above which usually happen in gambling then i will easily to stop gambling while i'm won and so far i can able to control my desire while gambling with not too greedy and usually if i can won 50% or less from my initial amount of money then i will stop and leave the game and starting it again for another days
When you are not greedy then it will be possible and easier for you to stop right after a winning. But, I believe most gambler are stopping after their winning in their beginning days and when they slowly grooming with gambling they become greedy which makes them unable to stop even after losses and winning both.

Simply, only you and not your emotions are not into gambling then you may stop after a winning. If your greedy nature also into gambling then you may not find it is possible to stop even after you win a big amount. Emotions are real factor here in deciding how we will gamble.
legendary
Activity: 2898
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
I will says this based on my habit and my own experience that during gambling if i compare to those common things above which usually happen in gambling then i will easily to stop gambling while i'm won and so far i can able to control my desire while gambling with not too greedy and usually if i can won 50% or less from my initial amount of money then i will stop and leave the game and starting it again for another days
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