It's better to quit when you're winning than to quit when you're losing, and you'll regret why you didn't pull... That is the inner voice where regret occurs.
This is a choice where many people continue to continue their winnings to play rather than stop because of lack of satisfaction or greed then I'm not sure it can maintain the winning money so it's better to stop when the money has grown to $500.
What I do is to withdraw part of it, because I have secured the winning money so I don't care about the remaining money if I don't win anymore.
Topic: Which is easier, to quit when winning or to quit when losing? - page 15. (Read 2318 times)
I know that as gamblers, everyone can relate to this question, as we have surely experienced it in real situations.
Suppose our bankroll is $100 and it has already grown to $500, would you quit or continue? Conversely, if with our bankroll, we are down to $10, would you still continue or save the remaining $10? I used specific amounts to make it easier to discuss this situation. I understand that we all gamble with different amounts based on our income, but consider this as an example. You can mention any amount you want based on your personal experience; it doesn't matter.
Quit when winning is easier because we are not carried away by emotions and can think clearly unlike when we are losing.Suppose our bankroll is $100 and it has already grown to $500, would you quit or continue? Conversely, if with our bankroll, we are down to $10, would you still continue or save the remaining $10? I used specific amounts to make it easier to discuss this situation. I understand that we all gamble with different amounts based on our income, but consider this as an example. You can mention any amount you want based on your personal experience; it doesn't matter.
But the problem that often arises after winning is, e.g: our bankroll is $100, play and win $400 = $500 in balance, play again and lose $100.
Even though the profit is still $300, usually we will still play to chase the $100 we lost earlier.
And If the bankroll is $100, playing and only $10 left, I definitely wont stop because my emotions can no longer be controlled when that happens, "win or die tryin".
I know that as gamblers, everyone can relate to this question, as we have surely experienced it in real situations.
Suppose our bankroll is $100 and it has already grown to $500, would you quit or continue? Conversely, if with our bankroll, we are down to $10, would you still continue or save the remaining $10? I used specific amounts to make it easier to discuss this situation. I understand that we all gamble with different amounts based on our income, but consider this as an example. You can mention any amount you want based on your personal experience; it doesn't matter.
Suppose our bankroll is $100 and it has already grown to $500, would you quit or continue? Conversely, if with our bankroll, we are down to $10, would you still continue or save the remaining $10? I used specific amounts to make it easier to discuss this situation. I understand that we all gamble with different amounts based on our income, but consider this as an example. You can mention any amount you want based on your personal experience; it doesn't matter.
It will be easier to stop when losing when there is no more balance left in the wallet, thus the gambler will stop betting. But, if we consider about a capital of $100 and it has increased to $500 or perhaps increased however much, I think it would also be possible to stop betting when the gambler is not greedy. But if the gambler is greedy, then even though they have earned $500 from an initial capital of $100, they will continue betting assuming that they are able to make it $1000. But in cases like that if I experience it myself, then at least I will always try to stop even though it is difficult, because with results like that at least we can make a withdrawal and save some to bet again tomorrow. But about $100 to $10, then for me it's better to go all in and start with new capital the next day.
If I gambled with $100 and I won $500. I will withdraw $400 immediately and it is going to be very fast. If I lose the remaining $100, I do not care. But there are times that I will withdraw the whole $500.
I think we are in the same category here. I'll certainly withdraw $400 or more depending on what needs I have to solve. There's always something that needs money to be resolved and that's where I'll channel the money into.Quote
If I gamble with $100 and I lost $90 already remaining just $10. I will use the remaining $10 to gamble. That is why I call it gambling budget or gambling bankroll. Any amount of money that I can not afford to lose will not be part of my gambling bankroll.
I agree with you. I'll take a break though from the loss and return to gambling after I feel I am okay enough to gamble again. Money does come easy and even a loss of $90 would still hurt. But then, we are in the same line or thought. 
For me it's easier to quit when I'm winning, because I fear losing my profits, so I tend to just avoid to continue betting, cashing out my funds immediately. On the other hand, when I'm losing, I feel more tempted to continue gambling, because it's too bad when things don't go as expected. It's like already having plans for the money, but then you have to change your plans, because there isn't money anymore.
I'm not saying to be playing with money I couldn't afford to lose, but even when that is not the case, you still have plans for the profit you are aiming from a gambling session, right? It seems natural for the brain to start elaborating alternatives to keep playing and recovering that money somehow. And that is when you have to nip the evil in the bud, leaving the game instantly without thinking twice, for your own good...
I'm not saying to be playing with money I couldn't afford to lose, but even when that is not the case, you still have plans for the profit you are aiming from a gambling session, right? It seems natural for the brain to start elaborating alternatives to keep playing and recovering that money somehow. And that is when you have to nip the evil in the bud, leaving the game instantly without thinking twice, for your own good...
It is easier to stop when you make 5 times the amount that you had. You can take out the profits and can again continue to gamble with $100 if you wish to. In order to counter these types of situations, it is always advised to set targets. Once the target is achieved, stop and enjoy the profits. Now if we talk about the second scenario, then it’s hard to stop when you almost lose 90% of the amount. If I am in this situation, then I would try to bet 2x or 3x with the rest amount in a single go.
I will quit the game and will not gamble anymore. I will withdraw my profit and leave the rest in my account. It is only the money that you have withdraw that is your wins. If it is still in the casino, you might gamble again and lose all.
If I am also losing, and left with $10, I will quit the game, because who knows if that is not my lucky day. I will gamble with my $10 balance the next time that I want to gamble.
lol! You don't talk like someone that's really into gambling. Do you think it's easy like that? When you win, it always hits you immediately that if you play more, there is a high possibility of winning and when you're loosing, there is always an urge to keep gambling with the hope of winning more.If I am also losing, and left with $10, I will quit the game, because who knows if that is not my lucky day. I will gamble with my $10 balance the next time that I want to gamble.
Going back to the question, if I'm winning, the first thing I do is to withdraw a portion out of my betting account while I can decide to risk the remaining amount on betting either on the same day or I might just shift it to next day. If I've lost $80 dollar already and I'm left with $20, it's way difficult to know what I would have done at that instance. Depending on my mood, I might decide to quite or try out my luck but the most likely thought that will come to mind will be to try out my luck.
If we take a holistic view we find a common trend among gamblers where they keep gambling even after multiplying their bankroll and at some point they lose. I faced such a situation in the beginning of my gambling life where I continued my gambling with the aim of getting more despite being profitable and finally lost all my bankrolls including my winnings. Many people who indulge in gambling can lose all their money for just a small amount. I think there are many such gamblers who fail to control themselves. Though they are able to realize their mistake later. If gamblers are greedy they will continue their gambling until their bankroll is depleted.
I know that as gamblers, everyone can relate to this question, as we have surely experienced it in real situations.
Suppose our bankroll is $100 and it has already grown to $500, would you quit or continue? Conversely, if with our bankroll, we are down to $10, would you still continue or save the remaining $10? I used specific amounts to make it easier to discuss this situation. I understand that we all gamble with different amounts based on our income, but consider this as an example. You can mention any amount you want based on your personal experience; it doesn't matter.
Suppose our bankroll is $100 and it has already grown to $500, would you quit or continue? Conversely, if with our bankroll, we are down to $10, would you still continue or save the remaining $10? I used specific amounts to make it easier to discuss this situation. I understand that we all gamble with different amounts based on our income, but consider this as an example. You can mention any amount you want based on your personal experience; it doesn't matter.
If i take this scenario, if i win $500, I will take out 250$ and quit gambling for the day. I will keep 250$ in my gambling portfolio but i won't use it instantly. In fact i will be gambling with this money in the next few days or weeks and see how much can i make with this remaining money. If my luck is good, i can again make $500 and move 50% out of gambling
Now the second scenario, if i am left with 10$, I won't quit and try my luck with the last 10$ and see if I can win something for the day.
Remember I would be spending 100$ on that day because i have already managed the risk, which means my bankroll is a big one, else I won't risk 100$ in the first place.
If I were in a situation like this, of course I would stop gambling for a moment and continue again at a later date, of course I would enjoy my winnings and set aside a little in my gambling account to play at a later date, if we were too pushy to get a good win. much bigger than before, the possibility is very likely that you will lose everything you have. If I lose and leave $10 I will certainly spend the money I had budgeted for gambling at that time.
I have never thought of it that way but it’s really interesting to discuss.
I think this would be a subjective part where once experiences would play a big role with how they would react to the current situation. Imagine multiplying your capital by five and then not still yet being satisfied. That says a lot about someone who is probably hungry with really making big gains but in the return just losing it all.
Another person who would win that same amount would be really happy and then probably withdraw everything and remain with the initial bankroll that he started. I think this is more common with casual gamblers.
Personally it would be easier for me to quit when winning that is also based on my experience.
I think this would be a subjective part where once experiences would play a big role with how they would react to the current situation. Imagine multiplying your capital by five and then not still yet being satisfied. That says a lot about someone who is probably hungry with really making big gains but in the return just losing it all.
Another person who would win that same amount would be really happy and then probably withdraw everything and remain with the initial bankroll that he started. I think this is more common with casual gamblers.
Personally it would be easier for me to quit when winning that is also based on my experience.
Having an idea on how gambling works and the feeling of geed which can take over anby gambler, I believe it would be harder for anyone to quit while winning or being in green numbers. As long as one is having a good winning streak, we commit the mistake of assuming such streak is permanent and we can continue to win indefinitely in the midterm. On the other hand, if one is having a Lossing streak, and one is able to overcome the feeling to chase those losses, then quitting is easier, though, I believe if there is any money remaining, like those ten dollars, after a bad streak, then it would be likely anyone felt like gambling away those few bucks, which are few when compared to the rest of the bankroll already lost.
Anyways, not all of us would react in the same way when presented to the same situation.
Anyways, not all of us would react in the same way when presented to the same situation.
It's all choice. For some, it'll depend on their gambling plans. But, considering the term “quit" nobody would quit after winning big or losing huge amount. The term stop would be best used for this explanation. Although, it's a nice decision to quit after winning big, but it's almost impossible. People only stop to play to continue again later. So, with the “stopping" term, it's quite not fine to assume that one side of the decision would be the best. A player who quits after winning big would be leaving with a profit. As he wouldn't spend back any dime to the casino. Provided a player is meant to play next time, it all depends on the player.
It's easier for me to exit when I grow my money to x5 like you mentioned. But there's a catch, I always leave like 5 percent of it. Yes, the last I won $500 which is the max win for a slot that I played and I left $25 just so I could play more. Sadly, I didn't find any luck to grow it again to something that will surprise me.
When I am down to $10, I don't think I will quit. I will just tell myself to accept the losses and if I don't get anything on that $10 left in my wallet then I will not play for a week or more. Not because I am hurt but because that's the right thing to avoid being a gambling addict or losing more in the process.
With that, I think chasing losses is way harder than withdrawals for a win.
$500 is a lot of money, I might even exit at $300.
When I am down to $10, I don't think I will quit. I will just tell myself to accept the losses and if I don't get anything on that $10 left in my wallet then I will not play for a week or more. Not because I am hurt but because that's the right thing to avoid being a gambling addict or losing more in the process.
With that, I think chasing losses is way harder than withdrawals for a win.
$500 is a lot of money, I might even exit at $300.
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I understand that we all gamble with different amounts based on our income, but consider this as an example. You can mention any amount you want based on your personal experience; it doesn't matter.
It’s easier to quit for me when in profit rather than on minimal loss since there will be no sense of satisfaction to leave the game while your bankroll just barely changed both positive and negative.
I think it will be more hard to choose if you will add quitting gambling on 100% bust bankroll since the profit that you mention on the scenario is already huge. Typically, user is already contented with x2 of their bankroll.
There’s no difficulty on choosing what is easier on your situational question.
Like some others, I am a real degen as well... zillion times I was in profit (x2 or a lot more) and in 99% of those situations I continued to gamble and lost profit and initial deposit.
So I am definitely in the group of people who find it easier to quit after we lose most of or the entire bankroll. Degens, I don't have any other explanation, when we get into the fire we will force playing until we totally run out of luck and lose everything. I guess that people who can easily quit while they are ahead are smart ones, and probably their gambling stats look much better than mine.
So I am definitely in the group of people who find it easier to quit after we lose most of or the entire bankroll. Degens, I don't have any other explanation, when we get into the fire we will force playing until we totally run out of luck and lose everything. I guess that people who can easily quit while they are ahead are smart ones, and probably their gambling stats look much better than mine.
$100 --> $500 I will stop and leave a little money in the account to continue playing and if the remaining money runs out will stop and come back another day.
$100 --> $10 then I will continue to play until it runs out because with a 90% loss it is certain that there is an emotional feeling so it is better to make it than to leave a little money, like yesterday I ran out of $50 and left $10 then with a desire to satisfy then I spent it no matter what after that.
$100 --> $10 then I will continue to play until it runs out because with a 90% loss it is certain that there is an emotional feeling so it is better to make it than to leave a little money, like yesterday I ran out of $50 and left $10 then with a desire to satisfy then I spent it no matter what after that.
I know that as gamblers, everyone can relate to this question, as we have surely experienced it in real situations.
Suppose our bankroll is $100 and it has already grown to $500, would you quit or continue? Conversely, if with our bankroll, we are down to $10, would you still continue or save the remaining $10?
It’s hard to call yourself a gambler and you’ve not been met by these thoughts once or twice while gambling. It’s just natural to have these feelings about your positioning while gambling.Suppose our bankroll is $100 and it has already grown to $500, would you quit or continue? Conversely, if with our bankroll, we are down to $10, would you still continue or save the remaining $10?
As a gambler, I’ve been in this position on both sides more times than I can recall. One thing to know is that, gambling is highly addictive and that addiction starts to draw you in based on either a win or lose or even the feeling that you could win. When your winning in gambling, you feel it’s your lucky day and would want to game on, when your loosing, you having the feeling of, your win is just up ahead and why not take another bet.
I think the safe thing I do now is that, I just take my wins and leave. It’s not about making 5x of my bankroll or 10x of that. Most times, I just go for 2 odds and never all in, once I get the win, am good. If I don’t, then I rest my case.
One place I don’t care very much is, when I have just a low bankroll, I don’t mind ending it by taking yet another risk. It’s just that way with me.
When winning in gambling, the urge to continue to gamble for more wins is always there compared to when losing.
When losing, you think of ways to stop gambling, so that you won't lose further, to avoid going home on an empty pocket.
On that note, I don't think it is very common for someone to start winning in gambling immediately when they start to gamble for the day. Take for instance, anyone who experiences winning from their gambling bets of the day, the person's emotions will be triggered to continue gambling more and more for the win while when they lose they will be forced to stop in a hurry
When losing, you think of ways to stop gambling, so that you won't lose further, to avoid going home on an empty pocket.
On that note, I don't think it is very common for someone to start winning in gambling immediately when they start to gamble for the day. Take for instance, anyone who experiences winning from their gambling bets of the day, the person's emotions will be triggered to continue gambling more and more for the win while when they lose they will be forced to stop in a hurry
I know that as gamblers, everyone can relate to this question, as we have surely experienced it in real situations.
Suppose our bankroll is $100 and it has already grown to $500, would you quit or continue? Conversely, if with our bankroll, we are down to $10, would you still continue or save the remaining $10? I used specific amounts to make it easier to discuss this situation. I understand that we all gamble with different amounts based on our income, but consider this as an example. You can mention any amount you want based on your personal experience; it doesn't matter.
Judging from experience, and my own personal point of view, I can boldly say that its more easier for a gambler who is losing to stop/quit gambling for the day, than compared to a gambler who is winning for that moment to stop immediately, reason been that most times, people tend to have this ideology that if within if they could afford to raise $20 to $400 (i.e $380 profits), its a sign if they gamble more, they are likely to earn more, which most times always ends badly, as the reverse always the case. However, it only takes a discipline individual to stop gambling after haven won a reasonable amount, knowing fully well that such winning comes once in a long while. Suppose our bankroll is $100 and it has already grown to $500, would you quit or continue? Conversely, if with our bankroll, we are down to $10, would you still continue or save the remaining $10? I used specific amounts to make it easier to discuss this situation. I understand that we all gamble with different amounts based on our income, but consider this as an example. You can mention any amount you want based on your personal experience; it doesn't matter.
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