Which is easier, to quit when winning or to quit when losing? - page 9.

ethereumhunter

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Quote from: lienfaye on June 30, 2024, 02:39:46 AM

Base on my experience, it's easier to quit when you're in losing situation rather than in winning. Because if you're not fortunate, it can discourage a gambler to just stop since nothing good is happening. If you have $10 left, you can think of using/spending it on some other things than lose it if you bet.

On the side, it's a bit hard to quit if a gambler is in a winning streak. Because, luck is not striking us everytime, it's a rare moment that probably majority of us wants to take advantage. The reason why it makes us hard to stop for wanting more to win. Unless you're a type of gambler who knows how to be contented and able to control yourself even the situation is in favour on you.

You can do that when you lose but not for other people because when they lose, they will not feels easy to quit gambling. Their desire to recovers their lose will be big and that makes them to keeps playing gambling and not realizes that they already lose the money. If they have their control, they will quit gambling immediately if they already lose some money.

They will not wants to feels sad anymore because of losing their money. They will not waits for longer to stops from playing gambling before they lose more money. They knows that playing gambling needs to have luck and when they lose some money, they knows that's the time for them to stops playing gambling and leave the casino. If they still stay at the casino and keeps playing gambling, they will only lose more money.

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Quote from: danherbias07 on June 30, 2024, 04:12:28 AM

Quote from: Viscore on June 30, 2024, 02:48:42 AM

That's where greediness comes in. We might think of pushing our luck harder, but it's not wise to continue without knowing when to stop.

Knowing when to stop and knowing how to stop are two different things. We should be smart enough to do both to avoid becoming problematic gamblers. We have to accept the reality that if we let ourselves become irresponsible, it will lead to bigger problems. Addiction can be very hard to stop and can ruin our lives and we don't want to experience that.

I agree with that. Let's say we got lucky one time, but that doesn't mean it will be a continuous one. I think if you are a long-time gambler of casino games, original games, and slots, you already experienced this and you know what will come next after a big win.
Emotions are what drive us to continue. Greed. I think it's a normal reaction after a big win but we have to control our emotions first before deciding what next.
Last time I won $500 from a max win and my total balance was $550 after that great multiwin. I paused for like 15 minutes, stopped playing and what I did was leave the $50 and withdraw the $500. Afterward, I played again and what happened was what I expected, a long losing streak that ended with a zero balance.

Never forget the reality that we lose in the long run, so the key to being profitable is to stop at the right time. However, don't ever think that being profitable is permanent, as "we will lose in the long run" still applies if we continue to gamble.

In games that are luck-based, we win sometimes, but if we recorded our outcomes from the very start, we'd be surprised to see we're actually down. So, just take it lightly, enjoy, and have fun. If we do win, spend that win and enjoy it to really feel the victory. Then, come back the next day with a fresh bankroll or capital.

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Of course it is easier to stop when losing. First of all, it will be impossible to continue when you dont have money. When a person looses biggest part of his deposit, something might switch in his head and he will want to save what is left. When person wins, greed pushes him to continue. When person is winning, he becomes less and less limited with funds, and that opens in front of him opportunities to continue.

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Quote from: Viscore on June 30, 2024, 02:48:42 AM

That's where greediness comes in. We might think of pushing our luck harder, but it's not wise to continue without knowing when to stop.

Knowing when to stop and knowing how to stop are two different things. We should be smart enough to do both to avoid becoming problematic gamblers. We have to accept the reality that if we let ourselves become irresponsible, it will lead to bigger problems. Addiction can be very hard to stop and can ruin our lives and we don't want to experience that.

I agree with that. Let's say we got lucky one time, but that doesn't mean it will be a continuous one. I think if you are a long-time gambler of casino games, original games, and slots, you already experienced this and you know what will come next after a big win.
Emotions are what drive us to continue. Greed. I think it's a normal reaction after a big win but we have to control our emotions first before deciding what next.
Last time I won $500 from a max win and my total balance was $550 after that great multiwin. I paused for like 15 minutes, stopped playing and what I did was leave the $50 and withdraw the $500. Afterward, I played again and what happened was what I expected, a long losing streak that ended with a zero balance.

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Quote from: lienfaye on June 30, 2024, 02:39:46 AM

Base on my experience, it's easier to quit when you're in losing situation rather than in winning. Because if you're not fortunate, it can discourage a gambler to just stop since nothing good is happening. If you have $10 left, you can think of using/spending it on some other things than lose it if you bet.

For me, I don't see the point for withdrawing the $10 because the amount I deposited is the amount I can afford to lose, therefore I'd be winning to risk all the money I have and just stop gambling when I'm unlucky enough, but that's when my bankroll is already "0".

Quote from: lienfaye on June 30, 2024, 02:39:46 AM

On the side, it's a bit hard to quit if a gambler is in a winning streak. Because, luck is not striking us everytime, it's a rare moment that probably majority of us wants to take advantage. The reason why it makes us hard to stop for wanting more to win. Unless you're a type of gambler who knows how to be contented and able to control yourself even the situation is in favour on you.

That's where greediness comes in. We might think of pushing our luck harder, but it's not wise to continue without knowing when to stop.

Knowing when to stop and knowing how to stop are two different things. We should be smart enough to do both to avoid becoming problematic gamblers. We have to accept the reality that if we let ourselves become irresponsible, it will lead to bigger problems. Addiction can be very hard to stop and can ruin our lives and we don't want to experience that.

lienfaye

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Base on my experience, it's easier to quit when you're in losing situation rather than in winning. Because if you're not fortunate, it can discourage a gambler to just stop since nothing good is happening. If you have $10 left, you can think of using/spending it on some other things than lose it if you bet.

On the side, it's a bit hard to quit if a gambler is in a winning streak. Because, luck is not striking us everytime, it's a rare moment that probably majority of us wants to take advantage. The reason why it makes us hard to stop for wanting more to win. Unless you're a type of gambler who knows how to be contented and able to control yourself even the situation is in favour on you.

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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.

It's easier to answer the question without actually being in that situation, because once we feel the rush from winning or losing it becomes much harder to tell our brain to stop. On paper it makes a lot of sense to stop after making a x5 return. 500 USD is a good amount and I would rather withdraw it than keep gambling with the whole amount. A good compromise would be to save all the winnings of 400 USD and keep gambling with 100 USD for the next day. This is my approach in many gambling sessions, once I make a bigger return that is more than my initial bankroll, I will always save some of that money. As for the losing scenario, I think it makes a lot of sense to stop before you lose your whole bankroll, which is easier said than done. I have been in that situation countless times and somehow my brain always tells me I should keep gambling and with my last 10 USD I am going to recover. That is obviously not very likely and in most cases I just blew my full bankroll. Better to take a break and save some of the money for another day. Being completely broke is terrible and I try to avoid it as much as possible.

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Quote from: Pandu Geddon on June 30, 2024, 02:16:28 AM

Quote from: Maus0728 on June 30, 2024, 01:58:56 AM

For me, I feel like it's probably easier to quit when you're losing because of the hype around the winning, it's really difficult to quit when that's what is happening not to mention that it's easy to see yourself quitting when you know and are aware that you're bleeding money, it's much more logical for you to quit as soon as possible, that's how simple I think is the reason why it's easier to quit when you're on the losing streak rather than on a winning streak and I think a lot of us here have the same sentiment and think the same obvious thing.

both actually require experience and good emotional control. Stop when you win, of course, to secure your win and be able to enjoy it. Stop when you lose to avoid bigger losses.
I personally tend to chase losses until my fund allocation runs out when I lose. It's easier to stop and get out of the game when you win because there is a desire to enjoy the victory for me.
Of course, every gambler has different thoughts and habits.

Personally, I keep chasing losses until the full potential of the game setup leaks the required minimum multiplier that makes the whole betting experience enjoyable. The main point here is to know when to stop, it is ok to deposit b2b on loss streaks but it shouldn't exceed the monthly deposit limit or the red line that can cause potential trouble for you. The coin has two sides, so we are supposed to see both sides in the process, house edge is unbeatable in any case.

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Quote from: Maus0728 on June 30, 2024, 01:58:56 AM

For me, I feel like it's probably easier to quit when you're losing because of the hype around the winning, it's really difficult to quit when that's what is happening not to mention that it's easy to see yourself quitting when you know and are aware that you're bleeding money, it's much more logical for you to quit as soon as possible, that's how simple I think is the reason why it's easier to quit when you're on the losing streak rather than on a winning streak and I think a lot of us here have the same sentiment and think the same obvious thing.

both actually require experience and good emotional control. Stop when you win, of course, to secure your win and be able to enjoy it. Stop when you lose to avoid bigger losses.
I personally tend to chase losses until my fund allocation runs out when I lose. It's easier to stop and get out of the game when you win because there is a desire to enjoy the victory for me.
Of course, every gambler has different thoughts and habits.

Maus0728

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For me, I feel like it's probably easier to quit when you're losing because of the hype around the winning, it's really difficult to quit when that's what is happening not to mention that it's easy to see yourself quitting when you know and are aware that you're bleeding money, it's much more logical for you to quit as soon as possible, that's how simple I think is the reason why it's easier to quit when you're on the losing streak rather than on a winning streak and I think a lot of us here have the same sentiment and think the same obvious thing.

adaseb

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Its obviously easier to quit when you are losing than it is to quit while you are winning. Casinos basically rely on beginners luck because that is how they get young gamblers to get addicted. Its those which enter a casino and end up turning $10 into $100 that get hooked because they think they can do it again. But they quickly found out its not so easy but they are still hooked and get addicted and have a hard time quitting.

When someone gambles and loses right away they will just move on and give up. Even if they lose a small sum of money, they will see that its risky and just do something else with their time. It has nothing to do really how much you wager but how hooked you are because once in the past youve won a few games and its hard to quit.

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Quote from: peter0425 on June 28, 2024, 11:26:47 PM

Quote from: traderethereum on June 28, 2024, 10:57:53 PM

It is normal if we feels lack of discipline and makes us use longer time and recycling our habit because sometimes we are weak and can not take care of ourselves. But if that is in a gambling, we must keeps trying not to lose our discipline because that can makes us lose much money.

Gambling is meant to make you lose discipline. It makes people lose track of time and reality by design but if you cannot control yourself then you should not be gambling. It will not be just a one time thing, losing discipline and by extension control will make you spiral deeper until you can no longer get yourself back up.

If he can maintain his discipline, he will not have to worry if he lose. He can knows when he must stops gambling, especially if he wins some money.
He will not have to push himself to still playing gambling because he knows that can makes him lose again. He just needs to stops himself from playing gambling and leave the casino.
That will happens when he lose in gambling games. He doesn't have to recover his lost money in gambling but he will stops gambling to avoids losing his discipline and control in gambling.
So someone should be able to stop gambling when he wins or lose immediately if he have discipline and good self control.

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Quote from: traderethereum on June 28, 2024, 10:57:53 PM

It is normal if we feels lack of discipline and makes us use longer time and recycling our habit because sometimes we are weak and can not take care of ourselves. But if that is in a gambling, we must keeps trying not to lose our discipline because that can makes us lose much money.

Gambling is meant to make you lose discipline. It makes people lose track of time and reality by design but if you cannot control yourself then you should not be gambling. It will not be just a one time thing, losing discipline and by extension control will make you spiral deeper until you can no longer get yourself back up.

Quote

When we wins in gambling, we must stops gambling immediately to prevents the lose comes to us.

I agree. We really should try to control the greed that may come when you start winning in gambling.

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Quote from: Accardo on June 28, 2024, 09:33:09 AM

Quote from: hyudien on June 26, 2024, 11:40:20 PM

Quote from: bettercrypto on June 26, 2024, 06:47:50 PM

If I look at this question, literally speaking, when you know that you have discipline in yourself as a gambler, you can easily stop gambling when you know you are winning. Because you control your emotions, for sure.

But when greed is there in you as a gambler, the chances are also high that even if you know that you will win gambling, you will still have the desire to win more money in the casino.

Those who have discipline will of course easily stop when they win, and similarly when they lose they can easily stop because they have discipline in gambling. because in my opinion, if they have discipline, of course they are people who are unlikely to take big risky steps that can make their emotions race, whereas gambling with an emotional state can of course put them in big trouble, such as getting a win but still wanting to gamble so that What they do is continue to gamble with the winnings they have obtained, of course this can affect their emotions and can get them into trouble.

Greed summarizes the lack of discipline in a gambler's life. Multiple times have I been trapped for this, but one way I'll always get myself off such a recycling habit. Sometimes I'd promise not to spend such times on games, but sooner I'm on it spending lots of it, which actually affects productivity in many ways. Hence, reducing gambling down to few times a week instead of an everyday habit, is what worked for me and actually boosts discipline on the gambler's end. Thereby, granting the player some immunity over addictive gambling. He may never find himself engaging in too many gambling activities and restrict his greedy gambling habit.

It is normal if we feels lack of discipline and makes us use longer time and recycling our habit because sometimes we are weak and can not take care of ourselves. But if that is in a gambling, we must keeps trying not to lose our discipline because that can makes us lose much money.
We don't wants to see we lose too much money in gambling so that makes us to control ourselves from spending too much money. When we wins in gambling, we must stops gambling immediately to prevents the lose comes to us.
We must knows that we must not playing gambling too long to avoids the lose of self control and the will to keeps playing gambling. We should be easy to stops gambling when we wins than quit gambling when we lose because we gets the wins money and not lose the money.

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Quote from: EarnOnVictor on June 28, 2024, 09:23:41 PM

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 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.

In my experience about gambling with my money and how I know gamblers behave, it is easier to quit while losing than winning. If a day is your lucky day to the point that after some bettings, you won 5 times your initial money, oh boy, this is a rainy day, your lucky day indeed, so why go home early? That's how gamblers think. Fine, some people will be able to avoid the temptation but I tell you that most people will continue wagering, and this is one of the reasons why they lose back the money they had gained.

But for the losers, in my experience, they are pained by it and it is not all of them that are engaging in the revenge quest like that but a few. For this, if they had lost in streaks, they can't be so happy so they may likely call it quit faster than those who are winning and have more reasons to stay and bet more.

A very clear and good point, and I completely agree with you.
I actually love the fact that you mentioned it touched on the fact that it's still possible that some gamblers may be able to quit after encountering a good win, this is actually the category that I fall in, and I need not be ashamed to say that this has helped me over the years safe and made judicious use of my gambling winnings even though they weren't always much or high.

I've made it a habit to always quit playing when ever I encounter any significant win, and maybe not so significant but an amount that is withdrawable, I stop and withdraw, because in the past on several occasions, I've continued to play after encountering a good win, and I ended up losing it all back to the casino, I hated myself greatly each time that happened to me.
So, this days, I've learnt to quit when I win, and it has made me a happy gambler actually.

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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 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.

In my experience about gambling with my money and how I know gamblers behave, it is easier to quit while losing than winning. If a day is your lucky day to the point that after some bettings, you won 5 times your initial money, oh boy, this is a rainy day, your lucky day indeed, so why go home early? That's how gamblers think. Fine, some people will be able to avoid the temptation but I tell you that most people will continue wagering, and this is one of the reasons why they lose back the money they had gained.

But for the losers, in my experience, they are pained by it and it is not all of them that are engaging in the revenge quest like that but a few. For this, if they had lost in streaks, they can't be so happy so they may likely call it quit faster than those who are winning and have more reasons to stay and bet more.

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Quote from: hyudien on June 26, 2024, 11:40:20 PM

Quote from: bettercrypto on June 26, 2024, 06:47:50 PM

If I look at this question, literally speaking, when you know that you have discipline in yourself as a gambler, you can easily stop gambling when you know you are winning. Because you control your emotions, for sure.

But when greed is there in you as a gambler, the chances are also high that even if you know that you will win gambling, you will still have the desire to win more money in the casino.

Those who have discipline will of course easily stop when they win, and similarly when they lose they can easily stop because they have discipline in gambling. because in my opinion, if they have discipline, of course they are people who are unlikely to take big risky steps that can make their emotions race, whereas gambling with an emotional state can of course put them in big trouble, such as getting a win but still wanting to gamble so that What they do is continue to gamble with the winnings they have obtained, of course this can affect their emotions and can get them into trouble.

Greed summarizes the lack of discipline in a gambler's life. Multiple times have I been trapped for this, but one way I'll always get myself off such a recycling habit. Sometimes I'd promise not to spend such times on games, but sooner I'm on it spending lots of it, which actually affects productivity in many ways. Hence, reducing gambling down to few times a week instead of an everyday habit, is what worked for me and actually boosts discipline on the gambler's end. Thereby, granting the player some immunity over addictive gambling. He may never find himself engaging in too many gambling activities and restrict his greedy gambling habit.

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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 you don't have a budget limit, maybe you will be confused about when to stop gambling and when to gamble. If you are asked to choose both, it will actually be difficult depending on your perspective and mindset. If from the start you gamble just to make money, it will usually be difficult. To make a choice like this, usually when you win big, you will definitely be greedy to play again so you can win even bigger, whereas when you lose and still have a little money left, you will definitely continue playing because maybe you hope you can recover the loss from that little money.

I have no experience of having difficulty in making this choice. Usually I will stop gambling when my budget runs out, even if I have $10 left, I will still spend it because I have already prepared the money to be spent and ready to lose it so I won't save it for tomorrow. Likewise, when I win gambling, usually I don't think long, I will withdraw the money and leave the casino because if I'm lucky then I will withdraw the money and then leave so I don't really hope to win big again and continue playing, actually it's just about mindset. just.

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Quote from: Akbarkoe on June 27, 2024, 01:21:03 PM

Quote from: irsykes on June 27, 2024, 01:12:09 PM

prefer to take the winnings first if our balance increases 10x. I have experienced big hopes with an increase of 100x from the deposit capital, but I only got 30x. but not being satisfied with the desired achievement, everything was lost because of big ambition. personal experience, now just grateful if betting my money grows better it is . because I think about it in terms of time and strategy, losses, money going in and out. which is not easy with a short time and many things that are more important prioritize family. If I win at gambling, will withdraw the money

You are like a person who does not easily stop when you get a win, even up to 30x your capital, that is a very pantastis amount in my eyes, you should be able to feel enough if then your profit drops to 20x, but you spend it there, I myself just the opposite when I get more than 5x definitely stop gambling and withdraw winnings, because something that is impossible if I get 100x in gambling, I don't have big ambitions with it.

But if in a losing state I can not stop, because my curiosity is sometimes greater, maybe try once or twice again to get a win, my thinking is like that, my curiosity can be more crazy at a certain time if it continues to get a loss.

That's a personal experience first, because I used to find a trick or maybe the hockey from some of the gambling games. Now it has no great hope to win 100x. Now if you want to bet gambling, have won 5x, 10x more to choose to withdraw money from the victory and the advice to throw away from great hope. and introspection of ambition there is no end if you follow lust. do gambling wisely to be controlled

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Quote from: Dewi Aries on June 25, 2024, 11:01:15 AM

Quote from: Viscore on June 24, 2024, 09:25:10 AM

Quote from: Dr.Bitcoin_Strange on June 24, 2024, 06:47:13 AM

If perhaps am not able to increase the $100 far more and I ended up to lose all of it just in one day, I will definitely leave and not repeat again through out that day but if I had allow all the $500 to site in my casino balance, I will definitely have the urge to keep trying luck and before you realize it, i must have already lose all the money, so it's better to save yourself of the temptation and withdraw your profit, leaving behind the amount you are willing to gambling off. I don't love to spend too much on gambling just in one day, $100 is even too much to waste just in a daily staking.

Thanks for answering my question. I can see that you are a responsible gambler. You have plans that you follow, and you understand how and when to stop. Personally, I'm not so disciplined when it comes to gambling. Though I must say that I have learned a lot from my years of being a gambler, from time to time I have this problem where I cannot stop when I'm down because I want to end the session with a profit. As a result, when I try to break my rules, I end up losing my focus in the game. Most of the time, when I do this kind of thing, not only do I lose my winnings, but also the entire money I have, including my initial bankroll.

On the other hand, I am sure that you will still end up in a situation of concern in your gambling activities, and I am also sure that you will always feel the tension in every gambling session due to the fear of losing money. Therefore the first thing you have to correct in yourself is the understanding of how gambling really is, I would suggest understanding the whole about gambling, don't just look at the chances of winning but also look at the risks, because when a gambler realizes that gambling is a risky activity then most likely they will always calculate according to their abilities every decision they make such as in terms of allocating the amount of budget, fix it as soon as possible friends.

Yes, I agree that the cause of his approach towards gambling is due to high expectation to make profit before you can stop gambling and most times, even after you have won some more, it will never enough to the gambler, they will still want to continue gambling until they probably lose everything again. I know it's sometimes difficult for some gamblers to stop but with a strong decision and determination, nothing is impossible. I still remember that in the past, I did battle with some unhealthy gambling attitude in the past but learn from my mistakes.

Topic: Which is easier, to quit when winning or to quit when losing? - page 9. (Read 2303 times)