Which is easier, to quit when winning or to quit when losing? - page 5.

shasan

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Quote from: stadus on June 23, 2024, 08:43:11 AM

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.

If I can make 500% then I usually stop gambling for a while it might be a few days/weeks even it might be few months. The same happens to me when I am a loser. I last played in the T20 world cup. I have lost a good amount of money and that's why stopped gambling. I may join a few months later once again.

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Quote from: BigBos on July 09, 2024, 01:36:53 PM

So far, in my opinion, a losing situation is a situation that is easier to stop compared to a winning situation, but in the sense that when at that time you no longer have money to bet, logically of course there is nothing left to bet on when you don't have it. Money.

Although I understand that there are still other alternatives that can be done in this situation such as borrowing money from anyone to fulfill your desire to continue gambling sessions, but sometimes this idea does not always work all the time, not everyone will care about you in every situation to lend you money.

Meanwhile, when we talk about winning situations, all decisions are in the hands of the gambler, you have money at that time, no one has the full right to stop you from exercising your greed, so in my opinion a losing situation is a situation that is easier to stop, even though you have the desire. to continue, but when you no longer have money and don't have any alternative method at that time then you will definitely stop by yourself.

I also think this way, the money that we have at the casino is in itself a limitation, and this is one of the reasons I only keep the money I intend to gamble during the session, this way it does not matter if I lose it all, as I had the plan to gamble that money away anyway, however stopping yourself when you are winning is incredibly hard, since at the time your greed will kick in and you will want to gamble as much as you can as you believe you have luck on your side.

BigBos

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So far, in my opinion, a losing situation is a situation that is easier to stop compared to a winning situation, but in the sense that when at that time you no longer have money to bet, logically of course there is nothing left to bet on when you don't have it. Money.

Although I understand that there are still other alternatives that can be done in this situation such as borrowing money from anyone to fulfill your desire to continue gambling sessions, but sometimes this idea does not always work all the time, not everyone will care about you in every situation to lend you money.

Meanwhile, when we talk about winning situations, all decisions are in the hands of the gambler, you have money at that time, no one has the full right to stop you from exercising your greed, so in my opinion a losing situation is a situation that is easier to stop, even though you have the desire. to continue, but when you no longer have money and don't have any alternative method at that time then you will definitely stop by yourself.

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Quote from: stadus on June 23, 2024, 08:43:11 AM

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?

back in the day during my newbie gambling era..

when I have a good day and flip a bankroll from $100 to $500..normally I would keep going as I know luck is on my side, but these days I treasure my time and wouldn't want to go back and forth between winning and losing money to the bookies/house. So these days when I make 50% or 100% of my bankroll I call it a day and try my luck later as I avoid the wishful thinking of regret.

Quote from: stadus on June 23, 2024, 08:43:11 AM

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 am feeling lucky I will keep going as I can easily win such an amount back, but the second I have a negative thought or fear gets the better of me..I don't even try to challenge myself in such a scenario!

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Quote from: Wakate on July 05, 2024, 12:59:14 PM

Quote from: lienfaye on July 04, 2024, 01:20:27 AM

That's how it should be. If you're in profit, be contented so just quit. However, not all gamblers are able to do this because of their greed to gain more. The reason why it's much easier to stop once your bankroll is slowly decreasing. Because that's the time you'll feel a regret for losing your money in gambling instead of spending it into other things. Thus, it is likely you will save what's left before it's too late.

Quiting is one of the most difficult decisions we could take as gamblers because there is a spirit that always tell us that the next bet would be a win making us to keep gambling without the knowledge that the next bet might not be a win. Gamblers are facing so many challenges and if one does not have discipline then we will be surprised that we shall keep betting even when we are losing. It is very good we understand the kind of person that we are to do that we don't keep making the same mistakes again. There were times my spirit used to tell me to quit gambling even when I am winning as I do see it as a true sign to leave gambling alone.

Yes, that's what always happens and is done by most gamblers, especially those who are addicted, their biggest mistake is always feeling that a bigger win is within reach or is close so that's what drives them to continue in order to achieve a much bigger win. However, if we talk in the context of gambling, the actual reality in any situation is that gambling will always be an activity that has two possibilities at the end of the session, either winning or losing, and there is no connection between the next result and the previous result.

What this means is that, for example, if you previously managed to win, that doesn't mean you will win again with a larger amount in the next session when you continue. Therefore, this is why we always tell anyone, especially the gamblers we know, that it is better to focus on preventive measures instead of continuing to think about winning, because after all, the victory that you always imagine is nothing more than a hallucination, meaning it is not based on any certainty. . So one of the reasons why stopping is always a difficult action to do is because they don't have a true understanding of what the concept of gambling really is.

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Quote from: traderethereum on July 04, 2024, 08:38:01 PM

Yeah, that is not easy because you must be able to against your emotion and a will to wanting for more winning. Only those who can control themselves who can do that and if you feels that is not easy for you, you must practice to control yourself so you can stops immediately after you win.

And for me that is the most difficult thing, because When I play and I have profits but I say that I am reaching my limit and I better quit, even if one is left with the desire to continue playing and basically winning and leaving, because I think that the profits have to be Extended, because I apply that in trading, but the game has other foundations , something that is not fulfilled because everything is based on Chance , therefore each time we play in a casino everything is there for us to give free rein to our luck, and accept the designs of the game.

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Quote from: lienfaye on July 04, 2024, 01:20:27 AM

Quote from: rodskee on July 04, 2024, 01:00:07 AM

Quote from: stadus on June 23, 2024, 08:43:11 AM

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’d take the $500 and go thank you

i am not one to keep myself bleeding down to the last cent if i notice my money decreasing and not getting any profit then i would take that as a sign to stop and take my money to put into better things that could potentially give me profit instead

That's how it should be. If you're in profit, be contented so just quit. However, not all gamblers are able to do this because of their greed to gain more. The reason why it's much easier to stop once your bankroll is slowly decreasing. Because that's the time you'll feel a regret for losing your money in gambling instead of spending it into other things. Thus, it is likely you will save what's left before it's too late.

Quiting is one of the most difficult decisions we could take as gamblers because there is a spirit that always tell us that the next bet would be a win making us to keep gambling without the knowledge that the next bet might not be a win. Gamblers are facing so many challenges and if one does not have discipline then we will be surprised that we shall keep betting even when we are losing. It is very good we understand the kind of person that we are to do that we don't keep making the same mistakes again. There were times my spirit used to tell me to quit gambling even when I am winning as I do see it as a true sign to leave gambling alone.

khiholangkang

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Quote from: satscraper on July 04, 2024, 01:48:01 AM

Hm, physiologically, when your bankroll is zero and you can't but quit gambling. Psychologically, when your pockets are bulged with colourful chips and your hurry up to cashier's cage to turn them into cash or check. However all depends on the regulatory inherent in concrete person. Thus the universal rule can not be determined.

But certainly if you lose and run out of money, you will definitely stop, and if you still have money, you will definitely continue playing, if you look at the average addict will make that decision.

But for those who have good gambling principles, I think it's the same as you, they have a certain limit in their random amount, so this can't be assumed logically, but maybe if it's me, when I get a loss or win, if I feel enough, I will definitely stop, whether in a losing or winning state.

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Quote from: Solosanz on July 05, 2024, 10:26:49 AM

Quote from: stadus on June 23, 2024, 08:43:11 AM

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?

If I made it to $500, I will cash out the $400 and gamble back the remaining $100.

If my bankroll goes to $10, I will gamble until empty, I will not cash out the money below of my bankroll.

I think my strategy is good because you don't have to completely stop when you win and you don't need to think how much money you should stop when you're in lose.

Don't make it complicated since gambling is for fun, you know.

Your strategy doesn't place you in a losing position of your money though, which is somehow cool, but it's still not entirely good to me. And here is why. That you have taken a $400 profit from the $500 won and left with $100 doesn't make it a great choice to empty the account.

What I think is that, since it's obvious you are now having losing sessions quiting in the middle leaving some cash in the account would be something you'll later appreciate when you return the next to gamble and find some little money to start the fun with again without having to make a fresh deposit. And if you're to start with a lucky star you probably double the money with a win from the first stake.
Even if we all gambling for fun, it should be a calculated one. Don't you think so?

Solosanz

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Quote from: stadus on June 23, 2024, 08:43:11 AM

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?

If I made it to $500, I will cash out the $400 and gamble back the remaining $100.

If my bankroll goes to $10, I will gamble until empty, I will not cash out the money below of my bankroll.

I think my strategy is good because you don't have to completely stop when you win and you don't need to think how much money you should stop when you're in lose.

Don't make it complicated since gambling is for fun, you know.

danherbias07

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Quote from: lienfaye on July 04, 2024, 01:20:27 AM

Quote from: rodskee on July 04, 2024, 01:00:07 AM

Quote from: stadus on June 23, 2024, 08:43:11 AM

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’d take the $500 and go thank you

i am not one to keep myself bleeding down to the last cent if i notice my money decreasing and not getting any profit then i would take that as a sign to stop and take my money to put into better things that could potentially give me profit instead

That's how it should be. If you're in profit, be contented so just quit. However, not all gamblers are able to do this because of their greed to gain more. The reason why it's much easier to stop once your bankroll is slowly decreasing. Because that's the time you'll feel a regret for losing your money in gambling instead of spending it into other things. Thus, it is likely you will save what's left before it's too late.

Contentment. I think that's the real goal here. When or at what number are we going to be content? To say that we had enough and we are done so we should withdraw.
Most gamblers might just go through continuous betting because they know that they won more and they have the capacity to bet longer for a chance to receive the same multiplier. I think that is a wrong point of view of gambling. The chances decrease by a lot after a win. It means the system will try to win back what you took from them and in the case of slots, bonuses, free spins, and scatter will be so rare that you will be stressed out about why it's not coming out.
Take the win, get out, leave a little bit of money, play with it, and be contented with what you have. Avoid depositing more after you lose the spare.

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Quote from: LUCKMCFLY on July 04, 2024, 07:46:50 PM

Quote from: traderethereum on July 03, 2024, 09:21:27 PM

When you wins, you should stops gambling and not choose to continue playing gambling because that can cause you lose that wins money.

Getting what you say is not easy for me, I apply it, but the truth is it is very difficult for me to accept it, you know why? because in my mind there is that thought of why do not I continue if I can win more, or why not extend my winnings? is not the most logical? and yes, but to continue winning sometimes one must bet a large balance so that the winnings are large, on the other hand if for example I bet 10, 20 and a maximum of 30usd and I win with those 30usd, it is difficult for me to bet 40usd, because if I lose them I am left with very little, but sometimes it is so difficult that when I win with a balance of 30usd bet then from 3 to 5 usde, for me that is difficult, but if I do it and if I lose it is an evil that I am spared, if not, then it is preferable to withdraw, sometimes it is better to withdraw.

Yeah, that is not easy because you must be able to against your emotion and a will to wanting for more winning. Only those who can control themselves who can do that and if you feels that is not easy for you, you must practice to control yourself so you can stops immediately after you win.
It is not worth if you risks your wins money to continue playing gambling, especially you don't know what you will gets in the next rounds. Although you have a chance to wins, that chance is not bigger than your chance to lose your money plus the wins money.
That will be up to you because we will have our decision after we wins. If you care with yourself, you will avoids another losses by stopping your gambling activity and withdraw your wins money.

LUCKMCFLY

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Quote from: traderethereum on July 03, 2024, 09:21:27 PM

When you wins, you should stops gambling and not choose to continue playing gambling because that can cause you lose that wins money.

Getting what you say is not easy for me, I apply it, but the truth is it is very difficult for me to accept it, you know why? because in my mind there is that thought of why do not I continue if I can win more, or why not extend my winnings? is not the most logical? and yes, but to continue winning sometimes one must bet a large balance so that the winnings are large, on the other hand if for example I bet 10, 20 and a maximum of 30usd and I win with those 30usd, it is difficult for me to bet 40usd, because if I lose them I am left with very little, but sometimes it is so difficult that when I win with a balance of 30usd bet then from 3 to 5 usde, for me that is difficult, but if I do it and if I lose it is an evil that I am spared, if not, then it is preferable to withdraw, sometimes it is better to withdraw.

Dewi Aries

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Quote from: lienfaye on July 04, 2024, 01:20:27 AM

Quote from: rodskee on July 04, 2024, 01:00:07 AM

Quote from: stadus on June 23, 2024, 08:43:11 AM

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’d take the $500 and go thank you

i am not one to keep myself bleeding down to the last cent if i notice my money decreasing and not getting any profit then i would take that as a sign to stop and take my money to put into better things that could potentially give me profit instead

That's how it should be. If you're in profit, be contented so just quit. However, not all gamblers are able to do this because of their greed to gain more. The reason why it's much easier to stop once your bankroll is slowly decreasing. Because that's the time you'll feel a regret for losing your money in gambling instead of spending it into other things. Thus, it is likely you will save what's left before it's too late.

Feeling satisfied with the amount you have managed to get is one solution to avoid greed, but yes, however, as you said, it is an action that is easy to say but difficult to do, because the majority of gamblers always find it difficult to ignore greed in their lives. this situation, and I would say that one of the reasons why many gamblers find it difficult to ignore the greed in themselves is because the object of winning in gambling is money, in the sense that if there is no chance of winning involved in gambling then it is unlikely for a gambler to apply greed .

On the other hand, I'm not sure that a gambler will be able to easily stop when they see that there is a reduction in the balance in their gambling account due to losing, but yes, for some people, maybe stopping in this situation can be done, but only a small part of them, because Most gamblers always find it difficult to accept the fact that they have lost so they get emotional and use another portion of their remaining balance to catch up on previous losses, meaning that overall I think a gambler is more likely to stop when they run out of all their money at that time.

satscraper

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Hm, physiologically, when your bankroll is zero and you can't but quit gambling. Psychologically, when your pockets are bulged with colourful chips and your hurry up to cashier's cage to turn them into cash or check. However all depends on the regulatory inherent in concrete person. Thus the universal rule can not be determined.

Mahanton

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Quote from: lienfaye on July 04, 2024, 01:20:27 AM

Quote from: rodskee on July 04, 2024, 01:00:07 AM

Quote from: stadus on June 23, 2024, 08:43:11 AM

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’d take the $500 and go thank you

i am not one to keep myself bleeding down to the last cent if i notice my money decreasing and not getting any profit then i would take that as a sign to stop and take my money to put into better things that could potentially give me profit instead

That's how it should be. If you're in profit, be contented so just quit. However, not all gamblers are able to do this because of their greed to gain more. The reason why it's much easier to stop once your bankroll is slowly decreasing. Because that's the time you'll feel a regret for losing your money in gambling instead of spending it into other things. Thus, it is likely you will save what's left before it's too late.

Easy to say but if you are on such condition then you would really be that having the hindrance of stopping specially on the winning moment then you would really be thinking that you might be able to get more winnings.
This is why it would really be that important that on the moment that you do find yourself on such situation then wise gamblers would really be having that kind of consideration before they would really be trying out to have
that kind of approach on things on which we know that gambling wins could really be that totally be busted up again on the house if you wont really be that having the control with those winnings.
This is why it would really be important that you are wary on the decisions that you are taking and not really just that making yourself having being that too careless.

Quitting isnt something that you do need if you do have the control but on the moment that you've seen that you are affecting your finances but if you are really that still
in awareness about on how much you do spend and not really that becoming impulsive then its good and you could still be able to play without any problems.

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Quote from: rodskee on July 04, 2024, 01:00:07 AM

Quote from: stadus on June 23, 2024, 08:43:11 AM

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’d take the $500 and go thank you

i am not one to keep myself bleeding down to the last cent if i notice my money decreasing and not getting any profit then i would take that as a sign to stop and take my money to put into better things that could potentially give me profit instead

That's how it should be. If you're in profit, be contented so just quit. However, not all gamblers are able to do this because of their greed to gain more. The reason why it's much easier to stop once your bankroll is slowly decreasing. Because that's the time you'll feel a regret for losing your money in gambling instead of spending it into other things. Thus, it is likely you will save what's left before it's too late.

rodskee

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Quote from: stadus on June 23, 2024, 08:43:11 AM

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’d take the $500 and go thank you

i am not one to keep myself bleeding down to the last cent if i notice my money decreasing and not getting any profit then i would take that as a sign to stop and take my money to put into better things that could potentially give me profit instead

traderethereum

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Quote from: LUCKMCFLY on July 03, 2024, 06:51:22 PM

Quote from: Jaycoinz on July 02, 2024, 03:16:53 PM

, it's better to quit and cool off and then maybe try again another time.

It is the best thing that can be done, for me this works and nothing else, first because we are already aware of what should be done, second because once we are clear about what to do and how to do it, then we have more ideas, and I think that the fundamental idea lies in not spending a lot of money, the key for me is that, on the other hand things should always be done to improve, if we had a big loss, we are not supposed to have it anymore and to avoid that we must put less money to play, and from there on we must respect and not deposit more, there is no other way, because that is where Discipline comes in.

We must stick to the fundamental idea that will not spending a lot of money when playing gambling because that can makes us wants to continue playing gambling even if we already lose some money. When you wins, you should stops gambling and not choose to continue playing gambling because that can cause you lose that wins money.
If you care with yourself, it is easy to quit gambling when you wins because you gets the wins money so you can withdraw the wins money and enjoy it. But if your greediness becomes bigger, you will not thinks to stops gambling instead will trying to chase more winning.
That will be bad for you as you can lose that wins money before and you can gets tempts to playing the other gambling games because your minds will tells you that you still have more chance to wins. But if you have discipline, you will listen your minds instead will leave the casino and save yourself.

tusandii

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Quote from: LUCKMCFLY on July 03, 2024, 06:51:22 PM

Quote from: Jaycoinz on July 02, 2024, 03:16:53 PM

, it's better to quit and cool off and then maybe try again another time.

It is the best thing that can be done, for me this works and nothing else, first because we are already aware of what should be done, second because once we are clear about what to do and how to do it, then we have more ideas, and I think that the fundamental idea lies in not spending a lot of money, the key for me is that, on the other hand things should always be done to improve, if we had a big loss, we are not supposed to have it anymore and to avoid that we must put less money to play, and from there on we must respect and not deposit more, there is no other way, because that is where Discipline comes in.

I agree with your opinion that it is an important part for a gambler to develop a disciplined attitude so that his gambling continues to run well and does not experience big losses by setting limits on the money we play with. So if you feel that you are always losing, it is better to stop and not make deposits repeatedly just to chase our losses, we will experience bigger losses later. It is true that there are some people who don't find it easy to stop when they are experiencing losses, but if someone can stop gambling at times like that then they can also do in the next gambling game if they are used to facing defeat and that will help their mind to calm down.

Topic: Which is easier, to quit when winning or to quit when losing? - page 5. (Read 2303 times)