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We all have daily profit targets when gambling. Say you're playing normally with realistic bets, aiming for $200 that day. You actually hit your goal... but then greed kicks in. Instead of walking away, you keep playing and end up losing everything. Sound familiar? How many times has this happened to you? And more importantly - did you finally learn your lesson?

When I was addicted, I do not have daily profit limit, I just like to keep winning. Even if I win more, I will prefer to continue to bet. But if I have not been losing but winning, there will be a time that the loss will begin and I will end the day with loss. It has happened to me countless number of times but I am a changed person now because it does not worth it at all.

Sometimes, not overcoming our greed can lead us into more trouble and not just losing out alone but the chance to become an addicted gambler if you tend towards greed inside you as a gambler because whatever makes you chase winning and eventually losing along the line, something applies to chasing the loses also both of them will eventually put you in a tith condition that you could have avoided eventually.

So as a gambler, always measuring our reach and making sure that we don't overstep our boundaries is what sustains us throughout becoming a stable gambler.

This is all part of the learning process. It's completely normal for us gamblers  especially non-professionals to sometimes get greedy. Even when we're actually good at sports betting and could be profitable, that temptation still creeps in. But honestly, this is a minor issue that improves with experience. The real key? Just stick to the game plan. That's what separates the disciplined bettors from the rest.

No, not all people, and those of you who have that target are going to end up in a very bad way.


Yes, from stories I see told on the forum.


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Not even when I was earning money regularly with poker, with an average of several hundred per month and 10 or 11 months of profit per year, did I consider this bullshit of a daily profit.


It doesn't apply to me but you should apply yourself what I have just said.

This has happened to me over and over again, but mine is not about having a profit target. If I am winning and have made good profits, instead of quitting the game, I will become greedy to the point of not listening to my instinct when it's telling me to stop gambling. What I do say to my is that "today is my lucky day". At the end, I will lose it all.

I wonder how many gamblers actually have a profit target? I can say fir sure
that I dont, I just expect to win all bets!

I get where the OP is coming from and I can relate to the idea of just walking away
when you are up but its so easy to get carried away with the feel good factor when
we are winning.

Its a dangerous move though to keep gambling as I say "off the cuff" relying on
instinct and luck to produce results, which dont always happen  I have been there!

I try to remember nowadays that "tomorrow is another day"

Wait... how did you know?

Well, I am very sure that the exact scenario that OP just mentioned happened already to the best of us. Guess what, have we learned from our lesson?

This is an interesting topic because it touches upon the root of all losses- which is greed. The more fly closer to the sun, the more painful it would get from here. That is why, we should know our limits and fight against the urge to either: (1) recover your losses; or (2) chase (away) your winnings.


I agree with your statement. I would argue that it's easier said than done but this is the only way in order to maximize our winnings and avoid potential losses on our part.

Not happen too often in that situation because I don't have a daily profit targets when gambling. Gambling can make me loss too much money if I chase the profit target. Yes, I learned from the lesson and make me realize that it is difficult to achieve the daily profit target.

So I just gamble without any target and only have fun. That make me feel better and nothing to lose because I can limit myself in gambling. The lost that I get is not too big because the limitation that I used so that really help me to control myself. But I realize that some gamblers have the daily profit target but I don't know how they can do that.

I don’t have a goal of how much I want to win in a given day, my goal is to keep control over the amount I set to gamble, and not exceed that amount, even if I feel extremely “lucky” that day. If I set a goal to win, without realizing it, I can end up spending more than I earned to reach it.

This is not true for me because I do not gamble daily and I do not expect to always make profit from gambling so I do not have anything that I call a daily profit target. It will be different for every individual but personally having a daily profit target will make me to gamble more than I should and that can put me in a very tight position where I become addicted to gambling or start gambling irresponsible without any budget or plan but just the thought of making profits.
I gamble occasionally, and I am okay if I win or loose.

You should be aware that greed is one of the main engines which move the gambling industry as a whole. And I am sure pretty much all gamblers have gone through that scenario you just described, it has happened to me, but with less money.

It occurs because gamblers have a limit to the money they can afford to lose to the casino, which is generally the money they deposit for their session, however, when comes to the money they want to earn from the casino: there is no threshold, we all want all the money possible to come to our wallet.

Once one becomes an experiences gambler and realize this latter scenario is not possible for us to happen, then it becomes easier to know when to stop gambling and withdraw money we have already pocketed.

This is a normal nature in humans but it doesn't mean that it shouldn't be controlled... it's always tempting to continue chasing more wins even after hitting your target, but this is just greed controlling you... Having a target is one thing but Sticking to your target is the most important...after making profit there's no need to keep chasing because this would make you lose, we have all had our experiences with this... greedy gamblers can never make profit Because they will constantly throw it away... discipline yourself to always know when to stop.

I used to think hitting daily wins would make me happy, but I've accepted that's unrealistic for me .. so I don't even set targets anymore. After years of sports betting, I've realized I don't have the skills to be consistently profitable. My solution? I've scaled way back.. smaller stakes, less frequent betting.

This isn't necessarily me slowly quitting, but rather honestly evaluating my abilities. If I ever feel I could turn profitable, that's when I'll consider increasing my stakes as my confidence grows. As for greed? It's always there, but with the right approach, maybe it doesn't have to be such a bad thing.

I used to be this kind of gambler who gets overexcited whenever I win. Anyone who has not experienced this before will not understand the pain of losing that amount you've been lucky to win. The situation even gets worse when you begin to chase losses with the hope of recovering back your lost win or even the initial capital.

Although some gamblers are usually lucky while exhibiting some of these greedy behaviours, everyone should also take note that every action in gambling guarantees only two outcomes, which are either a win or a loss. So, when trying to be greedy, they should also be mature enough to handle every outcome, especially the unfavourable ones.

I have learnt my lessons from situations like this. I do not have a good risk tolerance when it comes to gambling. Therefore, when I win, I withdraw my win immediately and go home to celebrate. If, on the contrary, I lose, I might keep playing if I haven't exhausted my budget for the day.

This happened to me few times when I’m still newbie and has no satisfaction on any win no matter what is the amount. I believe most gambler especially newbie encounters this since we all have greediness when we start gambling.

I learned my lesson after experiencing the pain of losing the money that supposedly a profit already.

Currently, I lower my target profit so that I can easily walk away whenever I hit it.

If our goal is consistency in gambling, aiming for long-term profitability, we'll never succeed if we let greed control us. Making emotion-driven decisions rather than logical ones creates huge problems, as these impulsive choices rarely lead to good results.

While greed is part of human nature, being a responsible person means learning to control ourselves. The truth is obvious.. this behavior isn't helpful. If we keep repeating the same mistakes, we might eventually reach a point of no recovery.

of course as a gambler, i have been in this situation many times.  :)

A gambler who has control over the urge for more wins has totally solved most of the problems gamblers face when gambling.

As we are, we have greed in us when it comes to money. We want more money even when we have had enough. It is hard for a gambler to turn away from greed when it kicks in, many of us fall to it, and we end up losing, which is a normal occurrence that happens when one refuses to quit when they are on the winning side of gambling.

In general, yes greediness will turn us into lose everything but some time there can be a time when greediness bring us bigger win (pure luck ofc).
Lesson from this situation is, when have set a target on gambling then we should try to stick on it (at least stop for a while when we reach the target), or if we want continue then we should at least withdraw most of our balance first (70-90%).
To answer the question how many times I experienced it? Many times, but I did not regret it too much since I always try to gamble responsibly.
Some time gamblers want to take a more risk for bigger win, it is not something wrong as long as we know how to do it wisely.

Many time I have been a victim of greed. The feeling of playing more to gain more profit will always come. Many years ago, I won an amount that was far higher than my target but the mentality that day was my lucky day made me to keep gambling until I lost all I had won. But I will say that I am a more mature gambler now who knows when to stop. But I am not perfect, so it could happen in the future.


Even some times when you have a budget, you might still be greedy and decide to ditch it at a particular time. But sometimes you might be greedy and still win big but it happens sparingly.

This is just like what many of us have been passing through because of the greed to make money as soon as possible. Gambling is not something we need to set a goal for. It's a game of chance which means you can either win or lose depending on the energy you are using to gamble. Gambling need to understanding so you we don't think that setting a goal will help us to make more money rather than using a better risk management that will help us to stay safe from losing too much. I have seen that many gamblers are always talking about how much they could win from gambling which should be something different entirely.

That has happened with me in past not only in gambling but also in trading. When we are new to something we don't actually understand that thing in depth and that's the main reason why we can't control our emotions and get kicked up, and lose our money. In gambling it's called gambling responsibility and it plays main role while in trading I would say it's trading responsibility that saves us from greediness and huge losses.

I don't think it is greed or maybe that is what I like to tell myself. I just feel that it is that human thing that wants more, that want to explore and see what's possible that still believes that we can hitting a higher profit target. The only time that I think it is greed is when it becomes consistent and we don't stop despite becoming unprofitable afterwards. It happened to be about twice and I know better not to listen to myself again in this instance.

Yes


Couples of time.  Truth be told, it is hard to stop gambling when we feel that luck is on our side until  we are down below our target amount, so we kept on playing until we emptied my bankroll trying to hit the target goal again.


Yes and No.  :D .  There are times when the learning kicks in and lets me stop gambling when I hit my target and there are times that I keep on gambling after hitting my target amount of winnings.  Continuing sometimes gives me more winnings but oftentimes it empties my bankroll.

Many times. Yes, I have learned my lesson. It's actually far worse than just losing what I have already won, it went as far as depositing more because I want my profit back. Then, I lost more than I can afford to lose. That made me feel stupid because I lacked self control and so I rested for a lot of days before I came back to gamble again. Whatever we do it's on us if we will be responsible enough to decide and withdraw after we hit our winning amount. If we put a promise to do it, we must strictly follow it.

It has happened to me as many times as I can't remember, and it's not just gambling; it has gotten to the extent where I have to discipline myself. Each time I set a target and I luckily hit that target, I first of all move out that which I have profited.

Even if my greed wants to control me, I will then have to leave little of that money, which I can use to try my luck, but if the balance got burnt out, I try as much as possible not to tamper with what I have withdrawn from the casino.

Yeeeee.....

You are exactly what I was thinking. When you gamble with a specific goal, you make some profit even after the particular goal is achieved, but it becomes challenging to keep that profit. At that time, greed worked, and it seemed that it would be better to make more profit. While trying to make more profit, I see that what was in the goal has been lost, and money has also been lost from my account. This has happened to me many times; sometimes, I have returned entirely destitute. For this, I finally promised not to play the game again after achieving the specific goal. At present, when my goal is achieved, I leave from there. This is how the current time is going.

Daily profit targets? are you gambling everyday?

Your target is $200, but I want to know how much your bankroll, if your bankroll were $100, your target is too small I think. I usually trying to achieve at least 3x from my initial bankroll, so if I already achieve it, I will withdraw 2x amount and use the remaining 1x amount to continue gambling.

Why I withdraw 2x amount, because it's my initial bankroll + 100% profit, then I start to gamble with my initial bankroll.

I think this is a good stractegy. Withdrawing what you have won and send it to another wallet. This is because it can save you from using all you have to gamble due to greed. Immediately after you finish the little deposit you left after the withdrawal, you can easily log out or go out of the casino.

DO we though?  I have never in my life had any sort of profit target in regards to gambling, not daily, not yearly, notta.  I can't even imagine starting to set something like that up in my head..why is all I can ask.

In your exampled I would do something like this.  If I'm at a casino and I hit big, I save what I brought that day, then split what's left, save half, gamble with the other half.  ROUGHLY, that's how I try to operate.

It is a very familiar scenario and I am sure all gamblers must have experienced it and lost all the money they have previously earned, the question now is is there any regret, disappointment or even emotion and stress? OF COURSE, at least regret is a certainty, because I am sure that when someone applies greed then it is a situation where they are very confident and have high hopes for the next results and that is also what sometimes makes gamblers uncontrollable.
I think we all know that this is the reason why greed should really not be involved in gambling.

It's a common phenomenon among gamblers, because when they win, they feel more comfortable with the game, what naturally raises their confidence regards future outcomes. Then they continue placing bets, although they should quit, until inevitably losing all the progress made, ending with a bitter taste in the mouth, for having crossed the line.

I believe that when the gambler is unable to control his impulses after winning, he shouldn't gamble at all. It's normal to behave like that once, twice or three times, especially newbies who are getting in touch with gambling just now. But if after that he still hasn't learned anything with his mistakes, it would be a great idea to quit for a long time, for his own good.

Before setting a target you must be realistic, most gamblers lose on a daily basis because of the ridiculous target they set. If your target is 300 Dollars for the day, ask yourself if it's really achievable and you can measure or determine that by your betting plan and the amount of your bankroll. If it's something that can be achieved try as much as you can to stick to it, this requires a certain level of discipline that many people don't possess. Making Money comes with a driving force, you can call it greed, even after winning you'd still try to push your luck. Know where to draw the line.

First, i personally never have a daily profit target in gambling, just play according to instinct and luck, when my allocation of funds runs out due to defeat, i will stop, if the balance continues to grow, i tend to play until tired or until the time i set myself.

And yes, greed is always the main problem for anyone who gambles, especially when winning, he will think he can get more until he realizes when his winning balance and deposit are exhausted, that's why you have to be responsible for your own emotions and finances.

In gambling, a person can lose his investment very quickly, and also make a profit very quickly. In gambling, money is very much involved, due to which one does not care about his profit and loss as long as he continues to gamble. If someone has a target of making $100 profit, he does not stop gambling even after achieving it. Because at that time he has more confidence that he can win more and make more profit. This greed does not allow him to stop gambling. Due to which he loses his capital along with his winnings. And at that time he starts regretting. Such things happen to a gambler all the time.

Honestly I have been gambling for a long time and I haven't ever thought about giving myself a target because it actually means nothing to me. I just gamble to any point and if I feel like I have made a little profit that's enough for the day I opt out and try again another day. But this isn't a bad idea, how many gamblers can actually stick to this play without getting greedy. After making the profit of the day you must withdraw it into your account immediately so you won't be tempted to continue staking. Greed can wreck you as a gambler.

I don't think I have really concentrated much of my gambling to the strategy of hitting a target win and calling it a day.
I normally just set a limit on games or odds to play for the day, and if it is slots or spin the bottle or any other games besides sports or football, I just stick to a certain number of plays and if my wins is not greater than my loss, I simply switch to other games or quit for the day.

Is it even possible for you to aim your target always? Gamblers who always have targets of winning a particular amount don't you think if they are not able to to get that target of theirs, they may want to keep playing and if care is not taking it will lead to more loses .it is not bad to have a target to win in gambling but the most important thing is for gambler to give a attention to the amount they can afford to lose , one they get to their limit they shouldn't allow their target of what to win tp trigger them to play more, because it can cause more loses.

At don't usually set target to gamble for the day and whenever I sets target it makes me getting worried when I didn't hits my target. Therefore if I funds 5-10$ for instance and I got back 2x above I am okay with that without much focusing on a specific amount, this is to reduce the rate at which I gamble and continue to chase loses. But of course if someone aren't careful enough greed could likely showcase in them while gambling.

One thing that is part of gambling is greed because people want to gain in excess so they get greedy and go for big money if gamblers will not be greedy alot of gambler's will be getting profit but because greed is something that we is part of the human race , one good lesson that I have been able to learn in my gambling experience is not to get greedy but any thing that you get from gambling you should be content with it because most times what actually make us tolose in gambling is greed


I can still remember there was a particular odd that I saw and the game looks to me as a game that will play but because the odd was about 1.50 and the potential winning was small to me so I added other games and to my surprise the other games that I added where the once that cut my slip so I have learned it the hard way not to be greedy in gambling

I think op is actually talking about those amount we choose as our potential wining, I'm pretty sure that all gamblers always set a target I mean the amount you Wish to win probably when making prediction. And of course all gamblers always set a target, let me use myself as an example I don't always aim high when making prediction I can only decide to predict 2odds and then boost it with a suitable amount. Sometimes when I experience win I can decide to work away that's if I have already make a budget of what i will like to use the profit for, but if I don't have a budget sometimes I can still decide to continue with my gambling.

And whenever time I notice this feeling I always know that is a sign of Greediness, if I'm bored I will just use it entertain myself in the initial time. But first of all I always withdraw my capital and as well with a little portion of the profit, after that I can decide to go with the remaining balance.

I would love to achieve it yet I have not been given this opportunity often, when I have won and achieve my goal I have always withdrawn my money, of course greed may have hit me a couple of times though the majority of times I have been able to get away and withdraw the money. I have learned my lesson as I now know how to gamble though I have quit almost definitely in all platforms because I think nowadays the RTP of online slots is messed up to say the least, not to say further that may it is intentionally changed by casino operators. Based on this I only play sport book and sport bet nowadays and I don't care at all about chance games, they can destroy anyone dreams.

greed is the biggest enemy of gamblers. often gamblers are in a difficult position when they are unable to control their greed and instead gamble all their winnings. it will only make them worse in the end, because they not only lose their winnings but also their initial capital to play... greed is like a very tempting feeling, which is where gamblers need to fight if they want to control themselves and survive in gambling for a longer time. if a gambler cannot fight their greed, then they may experience financial problems and tend to be emotional in their gambling.

Most of the times, I don't set any winning limit, I could just gamble till I win a satisfying amount or lose all my money or get tired. The reason why I also love to bet mostly on sport games is because if after am done with my prediction, I will deposit the amount I want to spend on the games I have analyzed on and I will place the bet and forget about it until the end of that day or any time I remember to check the result. I will not set target for what I know is not certain, greed could even arise from there too.

It has happened to me numerous times when I started gambling and was still new to it, but sometimes I tend to win more while other times I either lose everything back to the gambling site or lose sole part of it before I quit because of the fear of losing everything.

In gambling if you’re not able to control things like this then you’ll surely lose more than you would have lost - you should be able to control yourself and walk away with what you still have or the little you won; don’t be too greedy because the moment you introduce greediness into gambling that’s the moment you signed up for your destruction.

I don't know how to stay long in a casino, my slots games are not that okay and very rare that i do play from that side. Sports betting is what i take seriously, since all the games are schedule for a time, i just come in to book the games available for that day, i can either make duplicate or multiple slips or just a single and i am okay for the day, not me spending time trying to fit more profits in a single day, as soon i get my first cashout then i consider my self successful for the day and withdraw my funds without hesitation.

I don't count myself as the most responsible gambler, but just a habit i exhibit because i know the consequences of chasing loss and also losing my money even if is somethin i can spare.

Yes. It’s the cycle. Win. Go high. Get greedy. Fall. Regret. Reflect. Repeat. Though everyone talks about profit targets as if they are the only important factor, they are not. They are recommendations, not a limit. Greed steals your sense of fulfillment rather than kills possibility. Because the truth is: most people don’t know how to feel "done".

This is not limited to gambling. It is about dopamine loops, unresolved emotions, and a society that praises more, more, more. You were not seeking financial gain from your performance. You were playing to feed a part of yourself that doesn’t know how to sit still.

And yes, you did gain something. But did you really apply it? Lessons are cheap. Change is expensive.

You can be logical, set limitations, follow plans. But unless you understand why you’re playing in the first place, you’ll keep sabotaging yourself. There is nothing luck about gambling. It’s about knowing when the game outside is easier than the game inside.

Greediness kills and not every gambler get the under the understanding of this, idea, because it's difficult to know if one is being greedy or not, as everyone gambles base on their convictions and interest on any game or sport of choice, but the way we appear in playing them will ha e to determine whether our strategy used is normal or showing addiction signs, some would have e won a bet had it been they were not being greedy at first, but their greediness landed them into wasting down every winning opportunities they would have safely play with contemptment.

In the past, I often made mistakes like this when I had a decent win. I kept betting, thinking I was lucky and wanted to keep getting bigger wins. I didn't realize that I was so greedy, and I always regretted it when I saw my balance going down.
After too many times of such greed, I realized that I didn't value money, and I have since learned to value money. Since then, I've gotten better at managing my money, and every time I win, I always withdraw my winnings.

Personally i already learned the lesson about walking away after hitting the goal. The only problem with a strategy like that is when you hit the goal really fast, because that way you don't enjoy the gambling season at all. I mean, we must have clear if we are playing for the money or playing just to have fun.

Learn that lesson wasn't easy at all, it took me years, and is a lesson that each one must take by themself.

Yes, it's true that greed has been one of the major reason why majority of gamblers continue losing without ever winning due to their quest to target winning bigger odds with lower winning potential, rather than a smaller and moderate odds with a high winning potential. Because the truth of the fact is that both gambling and trading needs to be approached with a strategy, of which failure to abide by such strategy is one of the reasons why people loses more than they gain when it come to gambling. Because setting a reasonable specific winning target is literally not a bad idea, as it helps you minimize loses, while you maximize gain, but since as humans with our insatiable needs and demands, is one reason why gamblers may want to try getting greedy after they might have won consistent smaller odds.

This is very common to virtual game football players. Although it has happened to me once. After winning and making ones daily target, the spirit keep pushing you to keep playing telling you, you could win more. Immediately you follow such mind, my brother, your money and winning is gone. Is better to always learn to work away after you've made your daily winning target or daily loses.

No. It is not every gambler who does that. An example is myself.
I never have a daily target of winning when gambling, and I don't do so because I always try so hard to run away from anything that could lead to addiction. However, I will always wish for more wins than losses before starting the game.

This sounds familiar, as I won big through a slot game 2 years ago. However, it is a win that I never target, and walking away with the winning is enough for the week, although I play safe by withdrawing some portion of the fund to prevent losing all of it.

As a gambler most persons finds it difficult for one not to be greedy because the chances of always winning is slim and so when the opportunities of winning finally comes, they fill like it should not stop again, but they fail to understand that they are losing their money until the had nothing to spend anymore that is when it will be done on them that they have lost all they have .
When I was small and we place a bet among our friends we experience all these, but as a kid we see it as a challenge which we don't accept, and we kept losing until no more, but later  I realized that it's not good at all, after that I started accept whatever my win is and don't chase it for more wins.

Don't set target for what you are expecting as a win from gambling. The target you should set should be a limit to win or lose. You can set a maximum win amount so that you quit gambling once you reach it, and you can set a maximum losing amount too, so you don't exhaust all your money in gambling due to steady losing. All of these are choice though but there is every advantage to set targets even if you don't expect a win. If you know any anything is possible in gambling whether profit or loss. Set the target and let the outcome be the judge.

In my case, I don't have this goal. When I started gambling, I realized very early on that the worst mistake someone should not make in gambling is to set profit goals, because the person will not make any profit. They will be sad, frustrated and disappointed.


This only happened to me the first week I started gambling and I learned my lesson in those days, never set profit goals in gambling, because I will not meet such goals, on the contrary I will lose money. That's why I started just playing for fun.

from my views I will say these is almost challenges that gamblers face, greediness has make people who into gambling to lose much, but when you have your method of making profit in gambling can limit your greediness of wining what is expensive, so from understanding in gambling as you said, every gambler have a target and the target is to make a big money through gambling.

Greed often ruins the main purpose of someone's gambling and they definitely regret it later. When a gambler starts to get greedy, then they don't have a chance to think twice and withdraw their winnings and they tend to increase their bets with the intention of winning something bigger. For me, that is a big mistake that can potentially wipe out all the balance and usually it does.

I personally have also been greedy on several occasions and it really hurt me. When I won a bet, I continued gambling and did not withdraw the winnings in the hope of winning bigger. But in the end, all my balance was gone because of losing repeatedly and regretting the consequences.

do we? some casual gamblers do not even have profit targets at all

maybe they have a target win for the week since their budget is allocated for the week but i do not think everyone has a daily profit target especially if you are gambling on multiples different games
yes this has happened to me multiple times every time you think you have learned your lesson, you still hope this time it will be different but it is not you still lose so by the time you learned you have lost so much already

Although I have not had much experience in gambling, I have had a short experience in gambling, but I have never participated in gambling alone. I participate at least once or twice a week and if I lose, I do not participate even once a week. If I say that I do not have any greed, it would be wrong. Of course, we are human beings and we will have greed, but we have to control it and gamble as entertainment.

Many times, I've got targets that were able to hit at that time and not that I am not greedy at all but many matches have come on that day that I want to participate and bet. Well, you know the history. So, that has happened to me and with how many are there, I can't remember because they were a lot. Not that a lot of money and target since I'm happy with small gains and wins but that's typically me. It all ends up with how excited and emotional we are, thinking that we've been lucky on this day and so we should continue betting before that luck gets out of us until it literally gets done and go away.

The fact that I lost everything happened to me more than once. I often play with my friends. Whenever someone is luckier, we persuade them to continue playing. Yes, of course, the result is predictable; we stop only when all the money is gone. But that was at the very beginning, when we, as they say, were playing around and did not expect to get seriously carried away by gambling. Of course, I will be more cautious when playing at home alone. But with a company, I don’t want to look like a bore.

This is what most gamblers need to do after winning. Whether it is from slots or from any other game, they have to take some portion of their winning.

Sometimes those winnings that are good for a week or two are being taken for granted.

And those gamblers that do not save a part of that money always are regretful.

Most gamblers have gone through that phase of being greedy to continue gambling with their wins and eventually loses everything, they learn to take wins and not gamble with it. Some gamblers don't learn, they keep playing with their wins greedily hoping to win more but most times the opposite happens and they lose everything. You can't beat the casinos on the long run and that is why it is better to take wins and enjoy it instead of giving it back to the casinos. Greed is the main thing that leads to addiction and any gambler that has control over their gambling will overcome the urge of greediness to win everything in one day.

Yep .This has happened to me many times but I did not regret my actions and I was motivated to play more. I did this during a period of low experience. It was not possible to prevent being greedy after the expected profit was achieved. Time and experience are so important for a gambler that they will use experience to use time properly.
I have learned from my past experiences of being greedy and am now able to control myself. I do not set any goals because it makes me addicted. I keep a limited allocation for gambling which keeps me stable in any situation of win or loss.

The only reason for the misfortune of gamblers is their greed and passion, and these two things are present in every gambler. Most gamblers want to make a quick profit, they see gambling as a shortcut to financial success, but in reality, because of this thinking, they keep gambling, and in the end it only causes them losses.
Is it possible to win consistently in gambling? This is impossible. A gambler can never win consistently in gambling, but they do not understand this, they always have this misconception in their mind that it is possible to get rich by gambling. And they can never get out of this misconception, as a result, in the end up they will definitely facing disaster.

Greediness can ruin all of your achievement and left you in regret. If you don't want to get that, you need to know when you must stop yourself from chasing more winning. You know you will difficult to win more in gambling so when you can win, the next thing you should do is stop gambling and enjoy your winning.

Knowing that fact, it is not easy to achieve a daily profit target because you may lose your money many times. But if I have a daily profit target and hit my goal, I will stop gambling and will not chase more because that can cause me lose my winning. I don't know how many times has this happened to me in the past but now, I can prevent that happen to me. Yes, I learn from my lesson in the past so that will not happen again.

The target of aiming for profit daily in gambling actually has greediness in it. I don't believe that there is no greed in targeting like that. So when you experience a win, the level of greed will increase for sure. Because we know in gambling when you experience a win, number one immediately enters the mind of the gambler.

This is what I experienced before when I first went through winning in gambling, like others I also thought that it was easy to get money in gambling even if we only had a little money.
And of course later I also saw that what I thought was wrong so I also learned of course.

It is not even about taking some portion, you know how much you use when starting  to gamble, that shouldn't change just because you won, if you are using $20 on your gambling days since the last past months then it is what you can afford to lose. When you win, deduct the $20 out of the whole amount, withdraw your win and continue gambling or come back another day.

People are the ones making gambling so hard.

Risk $2 or more for your gambling days, don't gamble everyday, take profit once you win even if it is small, winning is winning, avoid having a target because that target might never come true, if you keep pursuing the aim you will end up with nothing.

1. Risk what you can afford to lose.
2. Take out your wins from casinos Asap.
3. Don't gamble every single day.
4. Don't have a target in mind.
5. Repeat.

I think not all gamblers do but somehow I am one of those who have a winning target whenever I engage in gambling.  Just like any leisure activity, we might not think of it but we do have target when we want entertainment and that is to fill the leisure we wanted.  This is also why there is expectation in watching movies and disappointment when that movie is boring.


Same here, if my win is way beyond my target, I withdraw the winning amount and just go on with my initial bankroll until that bankroll produce another good winning or lost it all.  At least that way, I secured and retracted my initial bankroll plus the gain.

It will be meaningless to advise gamblers that are desperate to win. We all have our choice to make in this life, whatever decisions we choose to make in gambling it will be a personal consequences. I was once in this category in fact 90% of gamblers must have tried being greedy any point in time and that result to losses while some won. The point i am making here is that since the money use for gambling is coming from the individual pocket and based on the fact we dont know their what individually people need which push them to gamble or feel greedy we should care less about them.

That strategy still shows some greed, it proves you don't know when to stop even after securing profits. I speak from experience: I once withdrew my winnings but left a small amount to keep playing. I lost it all, then foolishly deposited more until I wiped out everything. That's how dangerous this mindset can be.

Yes, you are right. Now gamblers are always greedy. They think they will win every time. But gambling is completely dependent on luck. So no matter how good a gambler is at the game, they can never win repeatedly.

Those who become addicted to gambling cannot control their emotions. The more we tell them to control their emotions, the more they make mistakes. And they suffer losses again and again.

It was not just a lost opportunity to earn a profit, but most likely it ruined your day, and you went home empty-handed. Like many other gamblers, I've experienced this as well but eventually changed such behavior.

Of course, greed is always there, but if we are so determined to correct our way of gambling, that is possible. Getting into gambling is not just about losing and winning. But at the same time, we find ourselves who we are. We might not get a huge win, but at least we win to control ourselves. And I've found it important, as we can apply this to other things.

You are right in what you say, in which it is up to the gamblers whether they want to be greedy or not. That's why there are good and bad gamblers so it really depends on our choice.
That's why if you are looking for a big profit from gambling that means you are already certified a greedy gambler.

I said this because I see a lot of these gamblers that is most probably what they choose, though you are right that they gamble with their money.
And we are really out there, it's up to us, what will we choose? to be greedy or not?

Well, we're not perfect for not committing mistakes. Everyone does, but we also make this a reason to grow old and become responsible. It is something like we need to face such things before we see the right approach. But despite all the learning we have, sometimes we fail to control our greed and make mistakes again. This is because we are human beings and bound to react normally in every situation we encounter. Yes, sometimes we did it right, but sometimes we also lost control. The more we spent on gambling, the closer we got to temptation. So the best thing we can do is to minimize and help ourselves to focus on other things.

Of course this happens several times in gamble when a gambler will hit something very big in gamble but due to greed and over confident will make him to think of trying once More and sometimes he can even end up losing back the money, just like as you said. And of course most people can learn a very big lesson from that, that's whenever they experience win in gamble they won't hesitate to withdraw it. reason is because they wouldn't want to repeat that same mistake they made earlier, While most gamblers don't always learn from thier mistake reason is because they allow gamble to have full control over them, and sometimes this happens as a result of being addicted to gamble.

Best thing I do is to set a limit of the amount which I will deposit at once at the casino, while am gambling and  I won a cool amount then I will stop and take off my winning but if I didn't win any satisfying amount, I can spend all the money I deposited and when am done, I will not gamble again till any day I have more money to allocate for gambling. I really do not gamble always and I don't feel bothered about with many things about gambling.

In essence, gamblers who can control themselves and their greed are the true winners in gambling because we know the greed and the minds of people and hearts of people who want money continuously from the other ways so that they lose everything in gambling and yes they are groups of people who lose and yes it can be sure they will be destroyed.

Having enough taste will make us go away from anything that can eat what we already have in gambling, be careful with your own feelings to remain safe in gambling.

IMO, what you said is true, maybe I can conclude that the best decision to stop is when you really leave all the games and continue them at another time, not a few people think that they can freely continue gambling when they have managed to secure a number of wins, but what they don't know is that action can trigger emotions when it turns out that the next result is not as expected and it is very possible that the situation triggers emotions that make them gamble again using the amount of money they have previously secured.

Honestly, I have experienced it, so if you have managed to win, it is highly recommended for you to stop at that time even though you still have a small amount to bet, because what is feared is that your emotions can be provoked because of the next result.

The honest truth is that it is had to set a keep a bet win amount target. It is easy to say you will stop betting after hitting a particular amount but to actually keep it when you have achieved that is very difficult.
Personally it is easier to set and keep a loss target, that is a target that you can't lose beyond, this is what I do and has made me disciplined in gambling.

Almost all gamblers must have had such gambling experiences. The gambler's greed arises because of the thought of a lucky day that is with him. I also felt the same way when I first started gambling. Maybe now I do it a few times too. The difference is, when the victory has been obtained, I will not spend it all, maybe add some bets and withdraw the remaining winnings. However, some gamblers are not satisfied with the short playing time, and luck sometimes comes at the beginning of you starting to bet. Between the satisfaction of playing and greed, sometimes it makes us regret.

I get to regret it, but the losses won't be far too gone before the session would be put to a halt. The fun increases as the funds fall into place, that's the reason behind most player's inability to stop. Greed is the term for it, but lack of control also adds to the problem. When the brain power is falling apart, the gambler won't think twice before wagering more.

The chances of garnering extra wins then seems very possible in that position of thought. In nutshell, taking a break after hitting the target is the best means of regaining energy to further another session.

Yes, it is what most gamblers need to do, but I also learned about this the hard way. Ever since I put it into practice, I have noticed that it gives me the privilege to gamble without having issues or going all in the game because I have first secured the funds I deposited with interest rather than focusing on more wins, which will likely trigger the greedy part to kick in and then literally kills the opportunity.

Once you fall into the category of gambling daily, you must be a very compulsive gambler. Perhaps you don’t mean it in the context of daily but, having a target while gambling which is more realistic else, I haven’t got a daily target while gambling. I might have a range of win which I might be comfortable with but most times, I do keep some profit to myself and gamble on the spare which i usually leave behind as my bankroll.

I try my best to never gamble all my wins these days because in my subconscious thought, I’m always reminded that I will loose it all.

I don`t have any profit targets. I have events, i analyzed and the size of the bet until next week. It`s all. After weekend i calculate the results, withdraw some money and recalculate bet size.
No greed, no lessons, just getting profit on a distance. Less than $200 per day, but calm.

Let me say how I approach, there will be no targets in my mind because we don't really have control over the winnings. So what I do is push few more if I won big that came as unexpected and I guess there is no harm in doing that since I already made a good win so even if I lose some of the bets, it gonna be from the rewards which I win earlier.

Different people may act differently to the same situation, I don't chase away the loss but I can say most people does and that's worse than being greedy that will lead us to act irrationally, emotions take control over the mind followed by reckless bets and hoping for a miracle.Bottom line, being responsible is important than setting our targets. We lose and we win but we will be fine as long as we don't let the emotions to take control.

I never had a profit target in gambling, although I gamble very often, but I only rely in getting something tangible, maybe x3 and above of my initial deposit.

This has happened to me often times it really annoyed me because of my extremism. Finally I found out a way of controlling my losses after a big win which is by withdrawing the win to my account directly if I'm on a local casino and to an exchange and further performing P2P on the funds if I'm on a crypto casino.

The thing about gambling, especially after you’ve lost money previously, is that it becomes really difficult to let go. You might have achieved your target, but that could just be your lucky day, leading you to believe that more wins are possible. Many people fall into that trap and try to double their earnings. However, it’s always advisable to walk away at that moment or, at the very least, go home with nothing.

A lot of times actually, because as long as there is greed, it’s hard to control oneself not to chase profits and gamble again wishing to be more lucky. But reality hits that greed will never make you win more, but will only increase your losses until you realize that you have messed up all your finances and you have lost everything you have. Gambling is gambling, whether you’re greedy or not, real losses are actually waiting in the long run. So we just need to gamble only on what we can afford to lose.

Having a specific amount that you must hit before stopping for the day is something I can't really do in gambling. My reason for saying that is, there isn't anything In gambling that can give you a targeted amount of money consistently.y mindset about gambling is to take whatever profit I can get on a day, I'm not really after a specific amount. But those who follow such strategy do you hit your Targets daily or those having this target make you lose money. The only limit I give myself is not exceeding a particular amount as my stake.

First of all, like I normally say, I don't fix targets for myself when gambling. Targets could be met in all other areas of life, but not gambling. Even if I decide to get into gambling full time today, being optimistic about the journey remains a foul play already to me.
$200 sounds like a huge win to expect as a daily resolution, but I want to assume that this was only an assumption from you.
I learnt it from the regular occurrence in our casino back then. Everytime a player gets aggressive and begins to wager everything with the "whatever happens, happens" type of attitude, it doesn't end well for them. On one occasion, a grown ass man stood for over 30 minutes without saying a word after realizing his pocket was empty. Why shouldn't that be enough lesson for a learned person?

I can't count how many time it did happen but then I already learnt my lesson all I do now is stick to my budget having to discipline myself to the fullest. gambling is something so unpredictable so thinking you can just make things happen and leave us very unrealistic, you're tied to wanting more which is the nature of man, so if you win it's best you log out and find something consuming to give your time.

Greed is a difficult opponent to conquer, if we can defeat it then we will be able to be normal in gambling.
Never made a target but usually if I have managed to win and the amount is more than 3x the deposit then I will stop and withdraw or if I don't withdraw I will leave it for the next game, but not for the last 1-2 months, I don't remember exactly how many times, but all the results are never satisfactory and continue to play until finally losing everything, I decided to stop for a while and return to the favourite of only playing sports betting because what makes me often feel greedy is casino games

I agree. Having a budget that you are ready to lose is easier than having a win and not being able to decide if you will withdraw or keep on playing. The greed will always tempt us to keep on betting, especially if we are not happy about the amount of multiplier we received. Let's say one gambler is betting $0.1 and got lucky and won x2000, which is $200 total winnings, but the problem is that he lost $100 before it happened. Now, there's a decision to make if the gambler will continue and I bet he will choose to keep on playing. He will tell himself he has not reached his goal yet because it's just a $100 profit, although that is still profit, and he could just take his rest and enjoy it.

It is not easy to win an amount one aiming to however it has happened to me on several occasions,were I have won a certain amount of money instead of taking a break for the day , I still continue betting until I end up losing all the money I won.it just appears that there is a kind of spirit that will always be pushing one to continue gambling until all money won in previous betting is lost. I have learnt my lesson to always take a break after winning any bet no matter the amount.

This i s so wrong, how can you aim for an amount in mind? This is the first wrong step as a gambler, you can never know how much you are suppose to win for that day, even saying you have to win on a day is wrong.

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1. Don't target an amount you have to win.
2. Don't aim to win on a particular day.

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These two ideas are very bad, they will make you chase wins and if you are meant to win $70 for that day you won't be satisfied since the aim is to win $200, sorry to say but this is a messed up plan.

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There is not a single responsible gambling strategy here.

You are saying less than $200 per day so casually as if it's nothing ;D. Even $50 a day would make you $1,500 a month if the profits are consistent, but we all know consistency is a difficult thing in gambling. But if you are in sports betting, you can win most of your games if you are good at doing analysis. And yeah, I understand that the amount of profits depends on the bankroll of the gambler, and it can greatly differ for regular gamblers vs high rollers.

You also mentioned not having profit targets, and I also think that's a better because one can have higher profits and that wouldn't be an issue but one should have a loss target which means that once you have lost a certain amount, you should stop gambling at that time and re-evaluate your strategy and try to make your game better so that you can get back on track without trying to recover your losses which is a bad idea.

One thing that we should always have in mind is that, there is no how you can win what you are aiming to win easily, rather it will still going to lead you into regret at last. Because at the end of the day you still end up losing all at the same, just like what happened to you, that is the real truth about it. Is good that you realized your self about taking a break when you are winning because that is the only way we can prevent often losses in gambling.

I did not have specific goals for gambling income for a particular day, because I was not initially sure that it was realistic to achieve this, that is, I question by default the possibility that I can just sit down and get a particular amount of money from the game. But situations where you win something, you want to get out of the game, but you don't, you lose, I've certainly had them. It's hard to say how many times that's happened to me, but certainly more than once. The lesson is learned in the moment and then forgotten and it's easy to fall for the same trick again.

I do experience mine whenever I'm making prediction in sports betting, I will said I just need 4-5 odds today maybe to play with $3 or $4 but when I will have the odds the money I will win with the $3 or $4 will be looking very small for me and so greed will now make me to add more games to my selection so as to increase the odds small and sometimes whenever I do that the last game I added will cut the game while sometimes I use to win but i have learnt my lessons and I have come to realize that, now I don't allow that to drive me anymore.

Indeed, taking a break first before starting the next session is a better way than continuing the session directly which I think will not give anything. If a defeat is obtained, what is on the mind is to continue the session without caring about what has finally been obtained and finally disappears gradually.
Gamblers seem to need to limit each session and must be satisfied with the results obtained. If not, maybe small wins and subsequent defeats that are repeated will only make us tired to continue the game.

That's good. This will also work because you will only gamble with the money you have deposited nothing more nothing less. Hold on, one more question for you, what if while you are gambling the one you won was small will you take the win? or just keep on gambling since you rightly stated that once you win, you will remove the win from your gambling wallet? Don't you think if you have an amount to win in mind maybe 2x of your deposit amount or 3x will be preferable so that you will have a target in mind that is not too small or too big to achieve.

A gambler that sets boundaries can never be addicted, greed is part of human nature but it has to be curtailed so that it won't affect the decisions you make.. Greed is the reason why a lot of gamblers keep chasing their losses even after making profit, they keep gambling more because they feel like they can always be lucky, this is what results to chasing losses at the end of the day...These irrational decisions that gamblers make are as a result of an addiction to Gambling and the more they keep fueling their greed the more chronic their addiction becomes.

This is a really great question. I think gamblers have relived the experience they had when they got this question. I have planned this myself many times but I still feel like I haven't been able to control myself as much as I should. I try not to get too greedy and keep myself within a certain limit but the results don't always go in my favor. I can say for sure that if a gambler sets a win limit before gambling, a limit that is equal to the amount he is betting, he will be able to keep his bet. But if he loses control then there is nothing left to do but lose. If we can learn from a mistake, it is not a mistake, but if we make the same mistake despite knowing it, then in that case it is our greed.

Learning from mistakes is certain, but that is humans and gambling, as we are hypnotized to rearrange betting, mistakes that continue to be repeated and repeated.

Sometimes humans cannot see the beauty of only one, they keep trying to see others, such as looking at women, even though the man has a dream woman, vision and their desires are always there, lust.

Believe it or not, anyone who is addicted to their gambling continues to repeat the umpteenth times, win the ordinary things losing too, but when winning feels itchy want to repeat the bet on their minds, they will Aware when the initial victory money was used in the next game, the situation was commonly aware of the gambler, but that was what the name of humans was never satisfied from the results they got.

Limit control is because not having such limits will only drive you faster to your addiction zone, the more a gambler chases at a particular direction to make up for whatever direction it is they chase after, the more you distract yourself.

No doubt all the negative experiences are fueled by greed.

i'm very confident about setting a target. in fact, i don't usually bother with fractions, and i recommend not to. because sometimes even the last few pennies can't be covered and can take you far away from your target.

in general, my mentality is not to doubt when it comes to withdrawing the money. any number i find sufficient, any time i reach saturation, i withdraw the money without caring how much it is. i don't mess around with very small profits, but i don't overdo it either.

I learned my lesson the moment I realized I’m always losing whenever I’m chasing profit that has no exact amount. I’m just playing until I satisfied regardless of the profit I already have that’s why I always ended up at loss because I rarely stop when I certain amount.

I become aware to all my previous mistakes that’s why I always set x1.5 of my bankroll as my target profit. I use only average bankroll size that rarely go beyond 200$ so everything is manageable.


So many that I already can’t count it.

no there is still chance that one will get addicted but being responsible and keeping discipline will lower said chances of falling to addiction anyone can get addicted but we should avoid it at all costs by not letting ourselves be put in position where greed can easily control us

Such has never and can never happen to me because I am not the type who indulge in setting any form of profit target from gambling, I understand gambling too well to know that it's a risky activity and one where there are no form of guarantees.

I do not know about other persons/gamblers out there but I personally believe that setting a profit target in gambling can be equal to setting a trap for oneself, whereas if you are not lucky, you end up catching yourself in your own trap.
What I mean by this is that, the day when luck is far away from you, Its possible you will gamble the whole day without meeting your profit target, but rather, loses will be the only thing accumulating, at the end of such day, you might end up long everything you have managed to make the previous days..
Never treat gambling for what it's not.

As a gambler if you are yet to get to the point where you have to deal with greed then probably you are still a newbie, I've had my own fair share of the experience,  there are times where I have suffered some loses due to greed and then the outcome was one which I never got proud of myself for doing,  I had a target and I got to the target twice then I felt like I was the king of the casino that my so why don't I use the opportunity to make as much as positive so I decided to Stert going in so big and that was how I got to loose all I made that day including my own capital with which I started with and since that day I learnt to work on my greed such that I try not to make a second attempt after I must have hit my target for the day both in profits or loss.

Sometimes a very high sense of self-confidence will actually lead us into a slump as you have experienced before, namely with a great sense of self-confidence it actually brings you into a sense of regret at the end of the session when you really want to get a win, you actually get the desired defeat.
Well, from here it can be concluded that the results of gambling are indeed unpredictable while we as gamblers we will only surrender to the final result and therefore playing fairly must be done as much as possible.

Gambling have done too much damages around my family and environment, while growing up my parent hates gambling so they kept warning us the children to avoid it at all cost, after I lost my father I did tried it and I experienced why he was warning me all along

Gambling is captivating, if care isn't taken you will lose your head, and before you know what's going on all your money is gone, I struggled to stay in check on my first experience, but I got caught after my first win, I was happy and all my guide wall shattered.

I should have walked away with those gains but I couldn't, it was my first time and the experience was cool, I just wanted to keep going, in the end I log off from the casino after I've lost everything, I later checked myself and knew where things went wrong. My father was right after all, since that time I've always try to never go more rounds than I've panned.

The OP is talking about $200 per day - the only reason i use such sum. :)

We can rule our bankroll, deciding to withdraw money or to increase the bet size. I can`t say that i had serious strategy, but i tried to withdraw some sum to spend(i like to feel the result of what i doing) and the rest money was to increase bankroll.
You say right words about setting loss target. I didn`t use it but i think that you right, it looks like very useful thing. It can be at least signal that you doing something wrong.

Always, greed triggers bad things that are not wanted, not only in gambling but in all sorts of things.
Greed will hinder a person from achieving the initial goal they want to do, who should have gained greater profit instead of losing everything.

As in gambling when one wins the jackpot, it is the best chance to come out with a profit, but the armpits of greed become stronger,
bigger bets will be made with the excuse to multiply the winnings, but in the end there is nothing left.

yep. This is a common scenario in gamblers, win a jackpot then still got cocky assuming to double the money which is greediness. and yah guess what, back to zero. It's a common gambling cycle. Discipline really is what really matters in this space if you wanna survive long in gambling and earn. If you're just treating it to be entertainment well you shouldn't affect because you're aiming for that thrill but if you're gambling for profit, it's best way to save all of it. well, this is a major mistake to majority of us, but yeah, get the money and secure, always. That "one more" is the devil tbh. I've begun setting withdrawal points and refusing to continue after reaching them, even if it pains me to gamble more. It's no longer even about winning big, now it's about holding what you've won.

This is also one of the causes of gambling addiction the desire to have more than your set goal, forgetting that you were only opportune to have that win by luck. Sometimes we feel luck is on our side that day so we try as much as we can to maximize the profit  but end up losing all the little wins. Though I have never set a specific  amount of profit to make from bet each time I enter a gambling hall or gamble with my device, I determine the profit from the amout of odds I select based on my prediction, and majority of the time I gamble on sport betting. Greed the reason most persons  get addicted because they are always  on more  expectations from gamble which may not always  turn out well to their favor.

That's very common for gambling with a lot of greed and very little self-control. The best moment for any gambler is when they win a large sum of money in one of their gambling sessions, but if they are not patient and they become greedy after winning that amount, they will most probably ruin their moment because such a person will usually think of gaining more with what they have because they believe they now have a large bankroll and they can easily at least make some more money with it but they are wrong.

If you do a survey asking all the gamblers who played after winning a good sum, you will barely find someone who would say they came out as a champion by winning more money with what they had won and most will say that they have either lost everything or at least a good chunk of what they had won. That's the result of greed.

This is normal to most gamblers and until you fight that urge to not be greedy with your wins, you’ll continue to be greedy even after learning your lessons and promised not to the next time. Greed is part of the qualities of a gambler and until they learn how to not be greedy, they will feel it is for all traders to be acting such until they get the jackpot and still protect their greediness to be the reason they won that big. I think when you lose everything that you’re not able to bet again, that’s when you’ll now feel the regrets of following your greed instead of being contented with the little you’ve won.

The losing target is easy to keep, but it's not as easy as it seems; some can still get carried away by trying to restore back what has been lost to reduce it and still end up sinking more.

None of the targets are easy to keep, both winning and losing; what makes it hard or easy is based on the gambler and what they are able to do in every given situation; some gamblers have more tolerance than others.

This has happened to me many things but there's something that I do to help prevent this from always happening and that's to take profits as I'm gambling. I do this to avoid me losing everything at the end of the day because you won't know how it happened until you don't have any more money to keep gambling. I don't allow myself to have full access to all the money that I'll be using to gamble depending on the duration I wanted to use the money for and when I'm gambling, I already have my limit losses that I'll be willing to take and when I get to that limit, I'll stop gambling despite how lucky I might think my next few game is going to be. To enforce this is very challenging some times but I always try my best to stay disciplined and not go against my decisions.

Just like what i'm always talking and recommending, always set a limit in both loss and win, if you already reach your set win amount, stop as well as when you're at loss. This happened only to me in the past, learned and yeah, that's what i'm following principle ever since.

Yes, it is common for greed to make us miss opportunities to make some money and actually enjoy it.
This has happened to me and I doubt anyone would say otherwise... no matter how disciplined someone is, it is very difficult to always control the urge to double the bet and try for an even bigger prize just because you believe you are lucky now... it is as if greed makes us lose touch with reality and leads us to make impulsive and irrational decisions.

The sensible thing to do is obviously to stop and enjoy the win, because two or even just one bet with the full amount of the winnings is enough to lose everything we have earned and that is why it is important to always remember that gambling is a risky activity and that there are no guarantees of winning, regardless of how much money you have won previously.

I believe that the key to avoiding this trap is to have a disciplined mindset and know when to stop, setting realistic profit goals and respecting them, instead of letting greed lead us to make bad decisions. Unfortunately, many players only think about setting limits on losses, but the limit on winnings is also very important.

This always happens, right? Maybe some gamblers just make it a habit, or they just don't care about it, especially those who are really addicted to playing casino games.
That's why it's still really good for us to just gamble without expecting too much from our casino games.

Because of what I read and see in stories, most of the time, the only ones who fall victim to this scenario are the desperate gamblers and those who just rely on luck because they see gambling as a hope that with just a small sum they can get rich according to their mindset.

I understand your concern about the risk of losing everything in gambling. And you are right to worry, if it starts to become an addiction it becomes difficult to stop.
Poi is an invisible addiction, that is, it cannot be seen by your body and therefore even more dangerous given that it is a psychological addiction.
Be careful

Happened to me countless times when I was new to crypto and I found out gambling using it. I was just a student that time when I first tried crypto gambling. At first, I was earning decent amounts with my deposits. I thought I can earn from it on a daily basis and help me for my studies so I used a portion of it everyday to play. When I hit my goal profit, my inner thoughts tell me to bet more. I can't help myself to stop playing since during those times, it's the only way I know to earn money. The time I stop playing is only when my balance goes to 0. I learned many lessons from it not just in the aspect of gambling. I realized that earning momey is really not easy. I’ve learned that greed in gambling can be a dangerous mindset. When you let greed take over, you're likely to chase your losses.

Of course is good to learn how to stick to our decisions more especially when gambling that's if you're making the right decision, because there's always a lot of challenges coming, and if you're not strong enough there's no way you can be able to overcome this challenges. And this challenges mostly come when we experience win in gamble you can be tempted to get trying since you're still in the wining line, while the second mind will keep telling you to run away with the profit just as a kind of tussle, and if you're not smart enough you might probably end up making the wrong decision.

If with a certain regularity in your gambling balance drops to zero, then it can not be considered as an effective way to earn money. It would rather be an effective way of wasting money. But when you are still jelly, you have little life experience, but a lot of all kinds of illusions. Perhaps I would also actively gambling in my student years, but then I had no money for them, but I regret how much money I spent on alcohol and nightclubs. And after graduation I still needed a few years to really grow up and drive away most of my illusions.

I bet all of us experienced this stage when we are on happy go lucky phased because we still have our parents to support our finances so we don’t consider much saving and other ways to make profit.

Adulting makes us more conscious with our financial expenses especially when are already starting with our own family.

Even I don’t play anymore games during my day off or even purchase gaming consoles instead I’m allocating my money for my kids expenses.

Yeah, it's tough to fix that as it's inside you that you are competing against, and if addiction got deeper chances to decide wisely is not  going to properly executed, there's a chance that you'll be missing opportunities each time you play or bet, greed mostly come up when you feel that you already got the patterns and you think that you'll always win bets.

The problem with that, once you got drunk with that mindsets you'll not going to be able to think correctly and you'll lose along the way.

Most of us got in trouble with gambling because we are driven by too much greed. Chasing to win more has been a common problem for most, but despite hearing this thing and stories. We still see many gamblers getting into this trap. I don't know why, but what I see is that gambling is full of temptation. If we come into gambling thinking we could multiply our money, that would surely influence our minds.

It is about knowing our responsibilities and prioritizing them. Yes, as we grow old and have families already, our mindset has also changed. That is what we call a responsible family man who looks only for the good of the family, not his personal interests.

In fact, this happens to every gambler because greed automatically awakens in their minds after they achieve a certain profit. Then the more profit he gets, the more he wants to get, and thus at some point he faces losses. This is basically what happens to a greedy gambler. This has happened to me several times, but after I achieved a certain profit level, I was forced to stop gambling.

Even the most experienced gambler and the gambler that practices responsible gambling, falls into this temptation once in a while. So, it's actually normal. Instead of letting it get to you, you just shake it off and try to double down on your discipline. It's just like falling back into the temptation of anything when you're trying to fight it, it's normal.

But how you react to it after determines how much better you get in the future. So, don't let it get to you, don't beat yourself up about it, don't panic. Just learn from your lesson. Personally, once in a while, I overspend in my budget but i try to call myself back to order because I know it's not healthy.

We are just humans and greed is always that something that can potentially be able to feel out because we do love money and once we are experiencing up such situation on winning up big then the primary thing that comes up into our mind is on how to make more and just like been said that we are naturally greedy beings on which no matter how you do say that you are experienced or old timer, but still there would be those times or moments that you cant be able to stop yourself on doing up further more actions on which it is related to gambling. There are those times or moments that people do be able to avoid it up or stop it midway and there are those who do just that tolerate out such emotion just because they do wanted to achieve on what they do like. So it will be that on someones choice and actions on the outcomes that will be happening into them.

Every gambler will certainly have experienced this, especially if they find it difficult to control the game they are playing by continuing the game after getting a reasonable win according to the money they bet and continue to hope to be able to win even more, but most of them only regret it when they have lost all the winnings they have got.

Even though they have experienced it several times, they will still make the same mistakes without feeling satisfied with what we have gotten from the bets we play and if you have been able to get a profit and feel satisfied, of course it has been very satisfying for you, especially since you have been able to stop activities that drain a lot of our funds.

A person's mood cannot be predicted even though they have made a mistake, they will continue to make the same mistake if they are curious. Moreover, if they have won and feel dissatisfied with their victory, instead they will continue the game, when the achievement is below the desired target, they will continue to pursue it to return it, in the end victory cannot be obtained, finally bankrupt and only leaving regret. Of course, this is the most common thing experienced by every greedy gambler

Greed mostly occurs with people that takes gambling as a means of survival, let's take for instance a broke person wins $200 with about $50 since the person is jobless he'll tend to multiply that amount into $1k or more due to dissatisfaction thinking he'll get lucky as before and since the house got more edge, chances of losing that $200 the person made out of luck is far higher than winning more, that's the consequences of being greedy when it comes to gambling and I've noticed that it occurs mostly with broke people who tend to see gambling as a means of survival cause if they got other source of income they won't see much reason to be dissatisfied with the $200 they made.

Actually it is only easy saying it than done, just like the saying says. I too have a target but I admit that I don't stop immediately right after hitting them because I still try for a few more bets to see if my luck is still there. I believe this is only fine. There are only people that can easily get carried away.

This is not for them. The reason why it is easy hitting your loss target is because casinos win at most times, lol. Also, most of us are lacking in money, so once we lose the allocated gambling amount, we have no more to continue. But just like on winning, there are also people that can't take their losses easily and they can even take loans or steal money to make a revenge.

Honestly it's  easier said than done. It may seem easy while saying it but during the time of experiment more than 70% of gamblers would fall for this. Setting a target is not something every gambler does, like I said earlier my target is based on the amount of odd selection that I deem fit to add to my bet slip, so before gambling I don't  have a pre planed target, though my emotion and mindset is always fixed on making wins each time I try to gamble but  I can boldly say that I'm trying my best not to get addicted or let greed take over my knowledge about gamble which is a game of luck( win is not guaranteed) but sometimes  I tend to make some decisions which may lead to addiction if I continually make them and after realizing myself I abort making further mistakes.

I experiences this so many times, that it actually made me realize the importance of self control and being contented.
There are times now that I wouldn't even hit my goal and be contented with the profit that I get and walk away with it.

Its not survival but rather its a natural instinct for us to have these winning on which its very common but i do somewhat agree that it talks about survival because if you wont be having such approach then you cant be able to last up on what you are currently doing. This isnt just that on gambling but also in other things as well on which you will be thriving out to sustain and via having those wins and gaining momentum is what you do need. Just like on what most people been that saying on here that greed is a natural trait of a certain human do have, it is just that there are people who are really that good on handling out that greed and there are ones who wont be able to control it out on which this will be that ending up on having those impulsive actions on which this causes up for you to make some actions on which arent supposed to be done because once you do then if the outcome or results wont be that going into your side then it will be that devastative. Greed could kill opportunity or simply be able to cause up that missed out chance that might be that beneficial for you. When dealing up with gambling then the primary thing that comes up into your mind is to make money on which this is indeed normal, but on the time or moment that you do make out loses then you do get that frustrated and once it do happens then this is where impulsive emotions do kick in. When doing gambling then everything should be done for the sake of fun and entertainment and on the time that you do become having that kind of acceptance then you wont be putting up yourself into such situation that you do have some financial struggle since you do already accept your fate and your condition or with those probabilities at the time that you do gamble on which this is the most important thing of all. Play for fun and dont find yourself that being too hopeful or positive about making easy money with it.

Yes, I have the same thing now, as a student I earned some money, but I didn't save it, I just spent it on myself, sometimes I paid for my education, and I should have started saving money slowly at the age of 18, but I didn't believe at that time that it was possible to save money, let alone invest it. I was actively involved in betting on sports when I finished school, but once I lost big, I just stopped being interested in them, because teenagers always have a lot of other interests. And now, yes, mostly all the money goes to support my family, I think that's how most people live.

I think everyone has the fair share of this experience even up to this day, and we are all aware of the lesson that should be learnt with this kind of experience. However, everyone choses to just ignore especially when greed takes over. I mean, it may not be totally greed that takes over, but sometimes we think that it is the opportunity of winning more that prevails and so we continue despite of the fact that we are already winning. It's like  striking the iron while still hot or maximizing the winning streak while you're hot.
This has always been one of the classic gambling mistakes of all time.

We should not be avoiding greediness in gambling only, others aspects of life needs the required moderation for us to be able to manage ourself well in other not to fall into being greedy, in gambling, some would have set their games and only to play it, then they make an additional one and that is the exact match to ruin everything down, all because they think that the odds could be maximized for a winning while at the expense of higher risk, which i don't see as an acceptable act which we should emulate by being disciplined.

Everyone who gambles has experienced this. Maybe there are some who have controlled themselves after having experienced it once or twice. But there are many gamblers who cannot control themselves at that time even after reaching this state repeatedly. In gambling, one usually expects another win after one.

In some cases, even if the bet amount is several times more, they try to increase that money more quickly and the result is only to lose. In gambling, a gambler may lose, but it does not harm the gambler, but when he cannot control greed, his winnings end and he also loses his entire bankroll. Greed can make a gambler lose his winnings and at the same time increase the chances of losing the property under his control.

I think the statement in the subject line of this thread is even better applied to investments. I can’t tell you how many times I’ve seen businesses hurt because of someone being greedy. Either by selling when it would hurt the business or making moves that hurt the business to enrich themselves. Greed really can be your worst enemy.

Green has been the reason of the fall of so many businesses and it's high time we need to fix ourselves if we have this kind of behavior of getting more without proper arrangements because of greed to make money. Once an invest is able to work on themselves to prevent greed, it would help stay focused and not to misbehave any how.
When it comes to gambling, greed could turn the winning we supposed to have to lose because we are so focused to make fast profits without staying focused and work on strategies that will give us more money.

People who are already addicted and greedy won't answer the questions I gave, in fact they tend to be introverted with their gambling activities.
They cover it up from those closest to them and if some people know they might just say that the gambling they do is quite perfect and always makes a profit.

Greed makes everything different, makes a person also an addict and ultimately makes them mentally unwell.
It would be a ticking time bomb that would mess up their lives.

I will not calculate the amount in money from this point of view, I will calculate it as a percentage here, how much percent profit I gained. I mean limit should set percentage instead of setting it into dollar like in a certain amount like 200 or 100 or else.
And the reason for this is the same that each person affords a different fund for gambling. And in this case, I think that if each person's winning profit percentage should be between 50% and 100% , then they should get enough for that day.
In my case, I choose lower odd matches to control my greed. This is not my winning strategy, but rather a strategy to reduce my loss.

Greed is part of our nature as humans but we must learn to control it. Greedy gamblers can never be profitable and my reason for saying that is because no matter how much you win you will end up losing it back if you continue  gambling. However, chasing more win is a lack of discipline and self-control. Although, sticking to the plan isn't easy but it must be done to always minimize losses. Gamble becomes more easier when we learn to control our emotions because a gambler develops greed through emotions.

Gamblers have been outstanding towards making huge profits for themselves, they can be arrogant because the path is usually rough. Yes, you're right. Greed is in our blood and totally terminating comes with more pressing concerns. Greed is one of the negative impact in the system, I would advise anyone never to walk down that path because it makes no sense. I try my possible best to avoid greed because losses comes with this feature.

Self contentment is important and us being gamblers, we need that really.
Because if we're not content and we keep on gambling, we're going to lose most of our money.
The opportunity to have it as we win, it's going to turn into shades and will completely gone because of how bad we are in deciding.

A practical example was with a friend of mine he had a business that just started to pick up, and profits just started coming in, he got Carried away and instead of him to buy a camera Corolla car which is less expensive and economical for him, he decided to enrich himself by buying a Benz C class which is higher class and demanding in terms of maintenance and not too long he run into problems with the business and greed brought him back to square 1 again.

It makes sense, and I understand what you're saying. Our neural system is built with greed, perhaps more precisely, a need for more. No, it's not an error. It is wiring. When you win, your dopamine levels rise, which gives you momentum, and when you're moving forward, it feels like you're surviving, even though you're not. That is why it blurs quickly. "Having fun" ends when your nervous system begins to seek safety by putting you in danger.

The issue isn't greed. Disconnecting is. Disconnection from context, from consequences, from self-awareness. Of course impulsive moves follow losses. Beyond the obvious aggravation, there's that deep-seated compulsion - your body demanding an external way to regain control. When internal balance fails, gambling, trading, even relationships all become surrogates for control.

Therefore, encouraging individuals "just do it for fun" does not actually address the problem. Most people gamble to feel as though they matter. And it becomes risky there as well. Self-control isn’t about holding back. It has to do with inner recognition. Knowing when “the win” is you walking away clean, not richer.

I don't think that's greed though, perhaps he thought that he can sustain his business and so he has to buy that car, maybe some status symbol that he is doing good. But he seems to be counting the eggs very early and so when everything turns against him, he is back to square one.

As for gambling, it's totally different, maybe we have won money already, but still we insists that we continue and think that we should go for a bigger won because we are lucky. Suddenly, our luck made a U-turn and so we lost all the money. So that's greed, you didn't quit when you have the money already.

I learned this lesson a long time ago and I try not to get carried away with excitement. If you make allowances for yourself, then gambling addiction will gradually develop, especially against the background of the desire to win back your losses.

How can we limit our passion for excitement? One must have the will. Each person can overcome their own vices, such as bad habits or addictions, if they have the will. Even an OCD in the initial stage can be defeated by a person. And anyone who has the will can resist a momentary impulse and stop gambling, and then we can gamble responsibly for many years.

Addiction develops due to greed, which makes us make the last bet, and a second later we tell ourselves that this is not the last bet and we make another one, and therefore another one. We need to take a tough approach to the issue and if we tell ourselves stop, then we just have to close the platform and exit and there should be no excuses here. This must be done immediately and that's it. I've been through this many times and there is no better way, and if we start to delay this moment, then at that very second we have lost not only to the institution, but also to ourselves, this should never be allowed.

If I win a small amount that is not significant, I don't bother to withdraw it I will rather continue gambling except am exhausted already but if am not, I will be gambling till I get a good amount even if all the money goes back to the casino, I will stop gambling but setting a target is just something I don't take so seriouse because I already know how much I will win that will make me to stop at once.

The battle against oneself is the most difficult to face, i know it well since i have read many books on psychology and this topic interests me a lot. It is no coincidence that addictions such as alcohol, drugs and even gambling are so difficult to defeat.
It takes a lot of willpower to make it happen.

You're absolutely right. To prevent our greed and gambling from defeating us, there is such a way as unquestioningly following the game session plan. To take an example from the OP's post, let's say you set a goal for yourself to win $200 and then stop gambling. How is this different from a strong-willed decision? The fact that all you have to do is follow the plan automatically, without thinking. As soon as you start thinking "what if?" "maybe" it will lead to the loss of the money you have won in most cases...

The entire point of setting a target is not to reduce how much you want to lose but to set a benchmark on how much you are willing to risk in a casino daily weekly or monthly. As for me every win is a win and every, i calculate my profit by how much win i can accumulate at the of the day not by one win I get from a bet. In the meantime, it doesn't really matter how you go about it, what is more important is that you avoid risking your entire bankroll on a single bet.

It seems to me that it is quite a rare case when you manage to get a profit that is calculated in hundreds of dollars, often the day can start with a loss and the rest of it is spent trying to win back, or the profit is so small that there is no point in withdrawing it. If it were so easy to get a win of 100 dollars or even less, then I would gladly withdraw it every day, but unfortunately I can’t do that, and I don’t play every day, since I only bet on those days when I find suitable matches for this.

That is why we must have control over ourselves to prevent the greediness come to us. We must not let our minds tell to keep playing gambling whether we win or lose. We can not win more money because our luck may over in that day so we must know that only stop gambling will save us from the greediness.

The battle against oneself will not easy as we may hear many whispers that keep telling us to continue gambling while we win. That whisper tell that we can increase our bet so we will have a chance to win big but that is not right because we never know when we can win in gambling. It is better we realize the fact and not trying to chase the win.

OP story apply for my past :D There is only one solution to that - change the way you look at gambling. Obviously gambling is a financial more than entertainment element so far for OP. Starting to earn more and gamble with same usual budget is only solution. Turning situation, when gambling is not for money only helps. Everything rest are only temporary solution. After you start to earn so much, that you pay less attention on price for regular items, the understanding that you can stop saving money or strictly keep your budget disappears. Anyway its simple yet takes years to fully realize. More you earn, less greed bothers you :D

You are right that you do not play or bet every day, but rather bet only when you find a suitable match this is a very prudent strategy. An effective strategy is to bet only in situations where you have a really good chance of achieving success, and where you are sure that you can have some control over the outcome of your bet or game. If you make your betting decisions carefully it can be profitable for you the next day. Also if you set a time limit for your bet or game and keep your bets within that range it can help reduce the risk of loss.

That whisper only you who can hear is very dangerous as if you follow it chances that greediness will dominates you, and from that stand point instead of taking advantage of the opportunities and luck, you'll be wasting it as you may proceed to push for more while you are still in the winning streak, and after that you'll start losing and you'll adding more and you'll realize that everything was and it's a complete waste of time and money becuase of that greed that you allow to dictate your actions.

Once this kind of greed used to happen every weekend. I used to set a target winning amount for the week. Mostly it gets achieved by the end days or previous days, but the greed doesn't let me take a break. This way I kept losing funds, and by the weekend, once again, the bonus helped me continue my wager. This lasted for more than a year, and at some point I didn't have funds to wager. By the very first loss itself, I learned the effect of being greedy, but I wasn't able to keep my activities under control. Finally things got in control when there was no fund left to wager.

the lesson I learned from playing slots often (daily) is that there will be no wins after 6 hours of playing, because usually I will win in the first 2 hours to the first 3 hours, the rest is just defeat, so slot games cannot be played without a target, the more greedy we are, the more we lose, there must really be a target so that it does not end in defeat.

but unlike the sports betting that I follow, the wins that occur are a combination of analysis and luck, the point is as long as I don't use money that exceeds my ability when betting, then I will be safe.

When gambling we should try as possible not to be greedy because greed and gambling doesn't go together as it is the fastest way through which you can lose money I believe that every gambler has a gambling plan and target so when once that your plan is ment for the day you should be wise enough to call it a day and come back another day, if can can remove greed from us as gambler's I believe that gambling will become more enjoyable to us as gambler's

Controlling the urge to win more isn't really easy and it's something that a lot of gamblers won't be able to overcome. A friend who of money mine was told me that winning in gambling is a risk to you and at that time it didn't make sense but now I'm thinking about it and I understand everything. The more you win the more you would keep on trying to win more, not many people can resist the urge to do this. After a few wins we all know what happens next when you continue to Chase. It's better not to even gamble at all.

At the cause of seeking for a  wining opportunity, then we must be careful not to allow greediness got on us, because this may cause everything to fail, despite all the efforts we might have given, gambling is what we work out by our skills or through the luck we have in it, but not when we allow our greediness for making more and earning more to have us on the wrong direction we may not like its consequence as a gambler, all these must be put into consideration if we are going to be successful as a gambler.

I believe greed in any case will always end negatively. Even when gamblers are ready to lose their money, there is still hope to win the gambling that has been done. Even with a series of defeats that are always obtained, gamblers will come back to play and find out their luck. So it makes no sense for gamblers who pursue bigger wins even though it often happens to gamblers. It is important for gamblers to feel satisfied with the wins that have been obtained in each game session. Because victory will not come every time and when luck comes, we should enjoy it.

Everything which is too much is always been that bad, specially for the love of money or earning more then you would definitely be ending up on disaster. Greed is a natural instinct of a human being because we do want to earn money as much as we can and since we do able to see up that gambling could give out that kind of chance or opportunity, then you would definitely considering it out on making up such act. So this is where gamblers usually be ending up on this case because they've been that become delusional that they can beat up the system or simply those gambling houses on which this is the most impossible thing not unless if you do have that extreme luck then it might do but we do know on how reality works that being lucky could be only known if you do find yourself that making up some winnings or simply being profitable. Always be sensible into the actions that you are taking because on the moment that you will be that having greedy approach then it do turned out into a disaster.

When we are expecting too much from just gambling, we would finally lose more than we intended to win from gambling.
Gambling is not for everyone that have the desire to make money from betting, we need to know what we are doing so that we don't get ourselves involved in something that would cause more problems for us. Greed has made many gamblers losers because they want to make fast profit from betting when they know that it's not posible. We should not be expecting too much from betting even though we have the luck attached that could easily bring more profits for us.

Feeling satisfied and contented with whatever wins they get from gambling is one of the highest levels of self control, because it takes only someone who has a great level of self control to walk away after a win, because it’s easy to get caught up in the loop of chasing after wins just as it is also very easy to chase losses. And it’s very true that the major reason why most gamblers end up going back home with nothing isn’t because they actually don’t win in gambling but because they are not always satisfied with their wins and thereby resorting to wanting more and of course, losing even more.

There's one thing about greed, you'll definitely be on the side of loosing if you don't put a stop when you ought to, there's nothing more to gambling cause you ain't on the winning side but even when you are getting the sign to stop you tend not to because you're been greedy and can't control that habits, thinking it'll always be a win when they're always two ways about it. I don't let greed take over myself, when I get some kick off from the game I let go cause I'm aware having greed will results to alot of damage and I'm pretty sure alot of gamblers in this mess will surely learn from their mistakes.

The greed is every useless thing a moment a person is greediness is will total out of control and then from there it will begin lose the amount of money he doesn’t expect in the gambling, because when ever you place a bet to win it will become so difficult and even your trying to still the gambling will be so hard; since you will still have hope that you might win one day.

That’s how the greediness will be deceive you by killing a lot of opportunities that can lead you to win big amount of money; and from the greediness it will definitely lead to them to get addicted to the gambling the way they keep pursuing the winning that’s how they will continue to lose.

Honestly, in gambling I never target anything including daily profits because for me at this time I prefer to play in a fairly relaxed condition where I play when I want and stop when I feel it is enough regardless of the profit.

It might look good for some people when they target a certain amount in one day of gambling but for me personally it is too self-imposed which in the end can have an impact on the condition where we are too focused on profit so that ambition and emotional in gambling increases when things like that do not match the expectations that are owned.

It would be better if we just try to focus on playing with enjoyment regardless of whether we win or lose in one day of play then we will not be too burdened.

Yes, we can be greedy, but at some point, we know that there is no certainty in gambling. We lose more if we are not careful with our actions. That is why we should balance the situation and be content with winning a small amount rather than chasing big.

Gambling is definitely enjoyable if we gamble without thinking about money. But it is too unfortunate that the majority are in the chase to win, making the situation more difficult. This is the biggest mistake for most gamblers, but we have nothing to do with it, as we can't change their minds.

The most ridiculous thing you can see in sports betting or casino betting is profit goals. This is absolute nonsense. How can we have any goals when the outcome of our bets is highly random? This rule (not to have a profit goal) works everywhere where there is work with randomness. For example, in trading, if we set ourselves profit goals for 1 day, for a week, for a month and for a year, then we will most likely go broke. Because the stock market, as well as betting, are things that cannot be planned in principle. If we plan goals for ourselves, and they are not fulfilled, then what should we do? This is a question that has no answer.

You mean if a person deposits 100 bucks and plans to withdraw or stop only if he makes another hundred? Yes, this is a stupid thing to do (but gambling without a plan is also primitive :D). The worst thing about making such goals, is that person rarely stick to tactics and moderate gameplay, and after a period of gambling that person makes a decision that it will take too long to achieve, or he is moving to his goal to slow, and would either go all-in in every bet, or play more risky. As a result, busts his money.

You are labeling it as greed. But I will say that it is not just greed. It is gambling addiction. And of course, we become addicted to gambling because of excessive greed. If we are greedy, it is natural that we will become addicted to gambling.

I have seen many such cases. I saw a person in a casino who became the owner of 1000 dollars in a few hours from 100 dollars. But he was not satisfied with that either. He wanted to make more profit. And at the end of the whole night he lost this 10000 dollars, at the same time he had 3000 dollars which he also lost in gambling. This is mainly because of greed. So we should fix a certain amount. If we win or lose that amount, we will not gamble again that day.

If we gamble with a goal, there is no certainty that that goal will be fulfilled because gambling is always uncertain. In every bet, a gambler has to be in uncertainty. For all gamblers who are greedy to win from this uncertainty, the loss in gambling is almost certain. There are some gamblers who may have high expectations about gambling before placing a bet, they think that they will win there, but when the result is the opposite, they have nothing else to do.

Though it is not logical to have high expectations of winning in gambling, it will certainly not be unreasonable if someone plans about gambling. I think that making any plan related to gambling by keeping yourself under control is definitely a positive aspect for gambling. Everyone hopes to win in gambling, but it should be under control.

I don't know about that, but for me when I gamble, definitely I have high expectations, or something that I think positive that I will win and at least make me double my money in this session. So that is the plan, to win nothing more.

And so if you lose, then it's up to you to play again and deposit. But if you win and achieved your goal, then that is the perfect time to withdraw. The thing is that there are gamblers that are not contented with their winnings and still chooses to play more games and push their luck.

That is what many gamblers are suffering after they have achieved their goal for the day they wouldn't like to stop at that moment they would still continue hoping they'll still add extra money to winnings. That is how greed some people are when gambling, which causing many losses in gambling because of not being okay with their winning target.

Exactly, because a lot of people, sometimes getting trapped with their goal. For example, when someone sets a goal if they win $100 they will stop. However, when they win $80, they are continuing to play and making them lose the opportunity to win, they won't to stop because they do not reach the goal. So, this goal should be on his fun not on winning. Because no matter what the goal is, if the focus is on winning, most will fail to achieve the goal, especially when they start to play with their emotional, the start of the goal to win the maximum value that they have set, they end up violating themselves and lose the chance to win.

Just like everything has one goal, we should also set a goal or limit before gambling and then go out to gamble. Otherwise, if there is no limit, I don't think we will ever get a good experience from it.
I don't know if it is right to give an example here, but I will give it anyway, as an example I want to say that we don't do anything without a purpose, like when we study, there is a specific goal, someone wants to become a doctor or someone wants to do business. But everyone has the goal and someone who doesn't have a fixed goal can never achieve anything good in life.
And in the case of gambling, I would say that if someone gambles without setting limits, this is the first sign of their gambling addiction.

You are right. I want to say something more in this case and that is that if you gamble without setting a target, the situation is like this: first someone makes a profit and he is not satisfied with that and wagers more and later it is seen that he goes from profit to loss and later again while chasing loss recovery he loses his entire fund.

Indeed but most people follow that whisper by continuing gambling without think what will happen to them later. If they win and hear that whisper will make their greedy become big and want to chase more winning. That is the dangerous they will face because they will not have a big chance to win big if they continue playing gambling.

They will just waste their money and the casino like it because the casino can take back their money and leave the gamblers with suffering because of their losses. We must control our greed not to be big and give us the problem so we should stop gambling and not take to the other page in our account but leave the casino.

The battle against ourselves will not be easy, we must resist the temptations to continue moving forward in life trying not to give up.
Unfortunately, we ourselves are the worst enemies, because we know our most intimate weaknesses and for this reason it is difficult to defeat ourselves.

If someone has violated the limits they have made before starting to gamble, of course they will be very sorry when what they have got has been lost because of their greed and not infrequently those who return to take other funds to continue their bets but it is very difficult for him to be able to get back the winnings that have been obtained previously.

In gambling it would be better when we have found a win we can enjoy the win and if we still want to continue betting we can use another time because in betting it is very difficult to get a win again after we get a previous win and maybe it would be better if we can continue betting on another day so that we can control ourselves from greed in betting.

That's what's difficult when a gambler experiences consecutive winnings in their gaming, which is often what motivates them to continue gambling. Why? Because they think it's possible that they can win even more because they may think that luck is with them on the day they win.

In this situation that gamblers experience, they no longer realize that they are under control of their greediness that they don't notice and they also can't accept that
they already have greed at that time.

It is never easy to overcome the greed and temptation within yourself, every person has the greed for money, but the difference is less greed and more greed, no one is ever completely free from greed, but in the meantime, you have to control yourself. You should not lose self-control, you have to observe your limitations well, and always make risk-free decisions, do not decide to do anything more than you can afford. You have to follow these correctly, otherwise this greed will lead you to disaster.

I'm not sure it will be the highest self-control for gamblers. Because actually if gamblers realize and get used to such a game pattern, it is actually not easy for gamblers to be greedy. Of course, some gamblers find it easy to do but some gamblers find it very difficult to apply such self-control, especially those who are used to long game sessions. It will be difficult to get satisfaction if they get a win at the beginning of the session. What happens of course is that gamblers will continue the game to achieve the desired satisfaction.

If I understand you correctly, you’re trying to say that getting used to a particular gaming pattern would potentially reduce the gambler’s chances of being greedy making them to exercise some level of self control. Except I’m misunderstanding you, but I find this not to be completely true because anyone can get greedy at some point in gambling, whether or not they’re used to a particular gaming pattern.

I agree to that, it's harder to compete against our own self  as emotions mostly dominate inside us, though thru practices and good discipline we will be able to overcome whatever emotions that we needed to beat inside, tough but it's doable as long as you know how to organize your own set limitations and execute things the right way without any hesitation.

It's you that needed to adjust as greed is inside you and that kind of competition inside can only be beaten if it's coming from your own good decision making.

I actually think it doesn't, I mean if we are greedy we will start something. On your example there, we already win but it is just that we only lose it also because of greed (too much it). Real gambling requires a capital. If only I have enough money, I will also love to play daily. Maybe we can just say that each time we play, we always have a target.

Usually we only continue playing more if that target is not that huge enough. I would say that this is still realistic. I still admit though that even I hit it, there are still times that my higher type of greed kicks in and unfortunately I lose all the money. I think I haven't learned my lesson yet. It is hard, you know.

You are gambling with a daily profit target means you are using gambling as a source of income and using it seriously. So since you are using it for income purpose then when you are able to make your desired profit then a greed will work in it that since you are able to make your desired profit then if you continue gambling then you will be able to make more profit. This greed will never let you keep the profit. And you will gradually lose your original capital and at some point you will go crazy and borrow money and continue gambling to recover the previous losses. So never use gambling seriously and never continue gambling with any profit target because it will only harm you.

The famous German theologian Karl Friedrich Etinger (1702-1782) prayed as follows: “Lord, grant me the serenity to accept the things I cannot change, grant me the courage to change the things I can. And grant me the wisdom to distinguish one from the other.”

Etinger understood that it is necessary to distinguish between events whose outcome is beyond our control and events whose outcome we can influence.

When gambling, we are dealing with events whose outcome is beyond our control. Accordingly, we cannot set profit goals for gambling. This is pointless. The outcomes of random events are impossible to predict.

At the same time, instead of setting profit goals, in my opinion, it is advisable to form a budget for gambling. And under no circumstances go beyond this budget.

Excessive greed is something quick that can kill a man without him knowing. Instead of pattern, why not articulate a specific amount that can be responsibly used to gamble that won't affect life in any way. It is easy to fall into greed, but difficult to accept that path is turning selfish and arrogant is not a responsible way of gambling. Some people get greedy when they start winning, while some are greedy by number of times they lost and are trying every best to reclaim what they lost with additional profits.

Satisfaction should be based on your budget, once you exceed close the tab and end gambling, it is about knowing the rules and staying disciplined.

Whatever the reason or case may be, it’s always important to have a responsible practice and approach to gambling as this is the only way to completely ensure that you’ll be safe while gambling. When you fail to apply self control and responsible behavior in gambling, even when you manage to articulate a specific amount for gambling just as you suggested, you might eventually end up exceeding the articulated threshold and making even more deposits and even end up losing them, and at the end of the day, you’ll notice that you’ve only ended up making matters even more worse than it initially was.

I can relate to this as it has happened to me many times before. However, today I've learned my lesson: when I hit my target winnings, I will walk away and come back another day. Greed really affects one's chances of winning, so we should be very vigilant about it.

Greed kills swiftly, it's been overlook but deep down, it's repercussions are entirely huge losses, not just a loss but the ones that we can not recover from. Greed is something to be scare of because the system is rugged. I'm never dedicating my precious time to gamble not alone stick with greed because it's of entirely zero importance. What good will be done if we gamble and failed completely to record streak winnings? I'm not ready to lose my hard earned money, probably not for anything. I'm moving forward to ensure I'm gambling with something important, moving to important edge and making a difference.

Hehehe, and after learning things you'll be able to balance your emotions, following your desire targets gives you time to enjoy with your earnings, go back another day and play with allocated amount will just give you another chance if you win again then take your earnings and quit, if you lose then same with what you need to do, just stop and not to add more to your balance to chase your losses, just take a rest and come back another day.

Yes, responsible gambling behavior can keep you safe and prevent you from losing a lot of money. I separate my own strategy from the advice of others when playing because most of the time, the advice given by others is confusing to me. This is self-control for me because people who go to physical casinos are often influenced by their friends and other people which is annoying. Practicing self-control is important for a gambler because he should determine when to stop playing so that he does not lose too much money. Responsible behavior is when you spend the remaining amount of income on gambling for entertainment after meeting the daily needs of your family. Spending beyond your means is irresponsible.

As for me, we must have a strategy but we can`t have profit goals. May be we can have win rate goals, but it can be possible only for a long time, at least month, may be more.
I recalculate my bet size once per week and withdraw some part of bankroll. After such calculations i can decide was this week successful or not. But it is only for statistics, i have no any targets.

I completely agree , and it Goes in the direction of my main strategy which consists of only Playing with the money that I am willing to lose and when there is insufficient discipline not even greed is Able to subdue us, but of course the Conditions to achieve such a thing are a well-defined and Mature Personality within the game and the conviction to say : "This is as far as I'm playing for today at the Moment when I run out of money willing to lose in that game session", it Works for me.

There are weaknesses that come from our creation as human beings. In fact, this situation exists in all creatures in nature. Since we act with the instinct of survival and reproduction, we have the desire to accumulate more and more wealth. Even our metabolism is designed accordingly. We all convert food into fat and use it when we need it. I think it is in our nature to be greedy and it is not easy to escape from it. I wouldn't say it's impossible, but I would say it's not easy...

This is just the best way to go about gambling if you don't want to lose more than you cant afford. Greed will always cause more lose , it is possible to get what you want when you are greedy in gambling but the number of lose that will occur is more than you can bare. Greed is what should not be given a chance in gambling because once you try to give greed a chance it will be so difficult to try to put t and end of it.

Everyone tries to control themselves not to be greedy and it must be admitted that it will not be easy because a person's emotions are easily changed especially in gambling and I have experienced that since long ago and sometimes I can control my emotions not to be greedy but sometimes I also lose control over it so there is regret after that.
And indeed for that it is common, we can only try it and make some targets in the gambling that we do in order to minimize the occurrence of emotions that cause greed.

Greed made me not to use the cash out features when the offer came, because I had so much that I can win the entire game. The last game cut my slip and that was how I lost it all. Gamblers should be satisfied with their wins no matter how little it is. Chasing big profits would lead you blindly into a big loss. Don't chase your losses because gambling is based on luck.

One of the silliest things in gambling is to set target winning. After such goals, you can lose everything trying to reach it. If you need to set limit - better to set time limit or lose limit. At least it works.
I can`t talk seriously about random games - they programmed for gambler losing. But in sport betting i bet only until analyzed events ends. And i always bet the same bet.

I'll consider that as being greedy if you betted with a heavy amount you couldn't afford to lose but got a cashout opportunity to get back the amount you betted with and more but decided to let it go cause you were too confident on winning the bigger bag, but in a case were you betted with a comfortable amount but decided to disregard the cashout option and go with your instinct then that's not greed, you wouldn't had said you were greedy if that last game played out, well it's good you noted that gambling is based on luck so let's just say that wasn't your lucky day.  Chasing loses comes with a price and it's mostly more loses so the best approach is just to admit your lose and try again later with more caution, gambling is not a safe heaven for financial freedom, success from it is based on luck so there's no point trying to recover losses.

Limiting yourself to stop the game when you have won seems quite wise in taking action and not expecting to be able to get a bigger win later, because when continuing the game when the amount of winnings we have obtained has decreased in nominal value, emotions will become uncontrolled, the amount of bets will be even crazier in order to get more profit than before. Instead of profit, it will be the opposite if you become a greedy gambler, in the end you will only get regret

But you know, even if other gamblers have learned from their mistakes, there is still a chance that they will still fall into greed, the pull and influence of greed is really different when it enters our minds, it is true what some say that our number one enemy is ourselves.

So if we can just use self-control and discipline correctly, add to that limiting ourselves in the fund that we put into gambling, it is guaranteed that whatever temptation we go through that we should not do, we will definitely overcome it for sure in the end.

Similar thread has been created over time but however, one of the major changes we face in this regards is over confidence and that's exactly what winning makes us to feel, at some point we fail to realize that that we were able to win completely depends or base on chances and not by whatever skilla we may claim to have, being overly confident after winning usually puts us in such situation of thinking we can win even more which is may or may not end up happening resulting in to lossing even than one we have won, this has happened to me, is a bitter lesson of if I had know which always comes at last.

Gambling is never certain so that is why we shouldn’t have any goal when gambling, it’s never good to have a huge amount strategy gambling when we don’t have all that assurance. And it’s not good to have a high hope, it’s also wise to gamble with wisdom, there are gambling where we have a plan of staking 100$ but at the end of the day greed comes into play. And we stake more than our expectations. And we loose out. Which is such a critical situation because of the gambling has no guarantee of success.

A gambler that can avoid two things has solved most of the problems that comes with gambling, the first one is the urge chase more wins just like you mentioned and the second is the urge to chase losses, the second one is probably the worst because this is what has wrecked a lot of gamblers. If you can be disciplined enough to log out of your bet account after losing your first bet of the day then you would stop having issues with addiction and other negative effects of gambling.

Don't plan about potential winnings in gambling because this is gambling in the first place. The likelihood of losing it all is very high. Hence, when you gamble, plan after you cashed out your winnings. But if it is still in the site, don't plan at all. It means, you still have plans to use it to continue your games, and may lose in the process.
You are just hallucinating when you are planning about what to do with your winnings, and still you are not withdrawing such amount. The likelihood that you will aim to gain more is high if you have no plans to get out of that money.

There's nothing wrong in having a target but sometimes I don't think it's necessary because gambling is a game of chance and luck, the outcomes can be unexpected. Giving yourself a target can lead to you getting way less than what you are supposed to be but of course this is just my thoughts on this. Gambling isn't certain enough to work with a target because at the end of the day anything can happen. These targets can also be a trigger to addiction, most gamblers might start chasing wins to hit their daily target, I don't think this is a smart approach.

Indeed. Gambling is a game of luck. That being said, winning is not guaranteed hence having a target is not necessary because you'll never know if you're fortunate to hit it or get busted early.

The reason why if you're one lucky gambler who's able to win regardless of the amount, try to control yourself not to waste such opportunity and just stop. Because it's better to end your gambling session with some profits rather than with nothing. Anyway, it's common for gamblers to keep playing despite of experiencing to win a decent amount already. That's why it's important to have discipline everytime.

I agree to that, discipline is important since gambling is q risky activity, you need to be wise when experiencing profits. Though like what you said most of the time instead of leaving while you are still in green gambler tend to push forward and try to win more, and that put a gambler to a risky position instead of enjoying the profits. That's why discipline is important as you can make yourself stop when it's needed either you are in positive or you need to stop to avoid losing a lot.

Not that decipline saves you money time and energy, but decipline also keep you ahead of and tendency to develop any other third factors issues while gambling, the truth is that gambling without a set limit could be counter productive in some case and for sure, it is very interesting important to build our capacity and decipline level, since that is what we need to stay ahead while gambling.


Greed also is another factor that affect most gambler's, but when you have decipline and limit control it will help you to stay above the tendency of greed taking over you as a gambler.

There was a clip I was watching Earlier today on social media about a guy who gambled with the sum of #100,000 and was given a total cash-out of about 5 million Nigeria naira but he refused to take the cash and he eventually lost the game before it ended, making him become a loser despite having a good opportunity to make I good amount of money, from the cash of available of 5 million nairas to losing the total bet amount.

Without limitation then everything could turned out into disaster and this is something which is important on which having no limits will definitely be blowing out everything. Greed is never been good and we do know that it will definitely be leading into disaster if you arent that good when it comes to self control. Gambling should be fun and never ever try out to chase your loses if ever you are experiencing a series of loses, and never ever make yourself that greedy at the time that you are experiencing some winning. It all matters about self control and if you arent that good at it then you are definitely bound to experience out those shit conditions on which this will be that in connection into finances. Its always been best that you should be mindful about into the actions that you are taking and not just that impulsively taking up some actions without being aware about into those probabilities.

You need to set things the right way, and like what you said, having that self-control will save your butt in losing more money than what you can afford to let go, as setting limitations helps gamblers to quit aways when it's about time to stop.


If the intention is to have that entertainment then setting your budget and not to over exceed with the amount will really helps lessen that desire to chase for your loses, you'll maximize the entertainment and not to stress yourself when losing the right amount that you allocate for your gambling.

The question is, what was his reason for not taking the cash out? If he already is richer than that money, there's no problem, it's his hash decision but if he is poorer than that amount but allowed greed to lead him, then it was a foolish decision. You know what I mean, some people are already 10-20 times rich than 5,000,000 and because of that, they could just see the cash out offer as a less something for them because they needed more and prefers to wait till the end of the game. If it's someone that has not seen such amount before and they allowed the opportunity to slice through their hands, then it's greed.

But maybe losing will happen more often than winning, because winning in gambling is said to depend on luck and yes luck certainly will not happen often. Another thing is that the advantage that the house has is bigger so it is very unlikely that players will be able to win more often.
With the rare wins obtained, we should be able to take advantage of the wins that have been obtained, maybe there are also many people who follow their greed but it tends to end up losing everything or even worse.

I'll love to know what was the total amount of the bet that he was thinking about winning when the bets comes out as he has predicted. Maybe that amount isn't big money for him and that's why he didn't decide to cash out because before someone can use that amount to gamble, it means they're winning to lose the amount. He didn't lose the cash out money because that was never his but it was only the initial stake that he lost and if he didn't consider it to be a big amount for him then he won't worry about it. What would had happened if he took the cash out option that was available and at the end of the game, all his bets entered. He believed in his prediction and that was nothing wrong about that because he was standing on his choices.

Daily target approach is something that makes people lose money, I have done this and it's a bad approach for me...if anything I think it's some kind of greed too!


And usually this happens alot!
Worst case scenario is you planning for say an hour to 2hours of gambling and you hit your profit target in the first 10minutes and you have time on your hands, and you say, let me push my luck before you know it you are depositing funds back onto the house  :P You know what gambling isn't child's play,damn .

Gamblers are stubborn, we all want to prove something lol.

Greed is a natural composition of man. The desire to have more than what one already has is what draws one to gambling, and in the other circumstance – trading. Without that desire, man won't dare try new things or try to be better off with what they've or already know. Greed is okay just like ambition is too. We shouldn't just be over greedy or over ambitious.

As for daily target, no I don't have. For me, I tend to loosen up after a few games; whether I win or lose. There's no target. It's not really ideal to set target when it comes to gambling and also with trading. My watchword is – Don't be over greedy.

It is not easy for one to learn from this lesson no matter how many time you’re been made to face disappointment through your greed. This does not even bother one who is box up and has lots of money to bet again after losing hoping that when they hit the jackpot, and feel that all the losses incurred can be recovered back for one or few wins later. The only time the big lesson will be learned is when you don’t have money to gamble again and you’re to start reminiscing back on how you spent your money to some kind of unworthy games you would have thought of before playing them. This type of lessons are learnt the hard way and not just easily come by for one and learn from their mistakes immediately.

It's not always easy to correct our self of something that we are doing intentionally so I believe that the process of correcting ourselves is not easy that is why we have always found ourselves doing things that we have said to have grown above.


Greediness is one thing that has put many people regretting because one thing that I have been able to take note of is that gambling and greed don't work together so in our  gambling quest we should try and possible remove greed from ourselves

This is a very bad habit that one needs to with, being greedy is very dangerous even when hurting yourself you are not aware of it therefore it is better to control your greediness, when you gamble with greediness you end up losing everything,it is better you manage the little you have won than losing everything to greed, I have always being mindful of the way I play my game not to be so greedy.

That's the more reason why gamblers don't have to always bet with a greedy person's mindset cause they can't always be lucky, greed can make some people so desperate and sometimes they just needs other people's success stories to motivate them into taking wrong steps, someone would just hear that a certain person won a huge sum of money by staking a heavy sum on multiple games, without even weighing the chances of winning they'll blindly use same strategy with a heavy sum too thinking they'll be lucky as well but end up losing.

 That's the work of greed, it would make one forget the limit they've set to spend on gambling and give the person the mindset of being lucky without weighing the chances of winning, at that point they'll rþleave deaf ears even when they're opportuned to be corrected by someone, the mindset is just focused on betting and being lucky too, not until they lose and realise they've messed up.

Making a schedule control will help in this kind of case, because this has not reached the addictions stage level for now and such a character can still be referred to as a greedy gambler, but mind you, such a gambler who made emotions control them exhibiting greed at the highest level and so on, such a gambler will always run at lose all the time

Gambling addiction is something that really ruins people's minds and tampers with their judgement, the unsatisfied desire to always keep winning, which usually leads to losing what you have managed to win, and you won't consider it as a thing. It's good you have overcome the addiction and have not been addicted before, but it doesn't always end well with those whom I have seen suffer through it.

It happens to me a lot, almost every time. And you know how many bets I'm trying to get after reaching my daily quota? Just one. Yep, just one, and that one will destroy my momentum. It’s not that I haven’t learned my lesson, it’s just, you know, when greed kicks in, even if it happens to me a lot, I still do it. But when a red streak hits and I eventually recover and reach my daily quota again, I stop. I don’t persist anymore, I just wait for the next day.

There is only one cure for greed - limits. Limits can be both for winnings and for losses. But I would recommend limiting winnings at will, and using limits on losses as strictly as possible. In addition, the time factor must be included there. Limit on losses per day, per week and per month. This is the safest thing we can come up with for ourselves and this is the most effective way to curb greed. Remember that greed is always irrational, it is fueled by emotions and it always strives to get out of the control of reason. Do not rely only on common sense to control greed, strict rules are essential.

Can you really achieve a win of $200 every day, and even if this happens, do you continue to play? It is much more difficult to achieve such a win every time you play, and not to stop when it would be worth doing. I think that most players would be happy to stop even with a much smaller profit, if it were possible for them every game day. It seems even more likely to me that such a win can be achieved not in a day, but in a month, or even more (considering that most players have small deposits for gambling), and then of course it is worth withdrawing such a win.

The same thing is meant limiting the bankroll. For example, $20 per week, regardless of wins or losses. It is clear that once this money is lost, it will automatically be impossible to gamble. If you win, the limit does not allow you to increase the bets from the money you win. Although this is a controversial point, if you stay within the discipline, then you can increase the bankroll, for example, only from next week, and not during the current week, regardless of the money won.

What you explained is the strategy that I have learnt to apply in gambling and I've trained myself to be disciplined to follow it. I have a weekly budget for gambling and anyday that I want to gamble I must have a specific bankroll in mind, whether I'm winning or losing I never exceed the amount. There's no way that greed to over gamble whether to chase loses or to use wins to continue will arise. I also need to emphasize that the budgeted amount for gambling has to be amount that I can afford to loose. If a gambler don't have a strategy to combat and overcome greed, they'll always gamble irresponsibly.

You're on point, greed is the root or the foundation to extreme gambling, although humans has some attributes of greed in them, always seeking more even when they know that it may not be possible to get it as they want, one of the problem most gamblers encounters while gambling is that they see gambling as a do or die affairs, they gamble as if gambling is an investment forgetting that they said activity is supposed to be in such a way that individual gambler should be gambling with the amount they can afford to let go.

People don't keep to the rules of gambling thats why they keep making a lot of mistakes, chasing of loss is never part of gambling, winning and wanting to use all your winning to gamble isn't also part of the game as such it should be frowned at too because thats greed in action which may eventually lead to unavoidable regret, so as gambler we should know things that are applicable in it so that we can be free from losing more often than we think.

Sometimes I may stop gambling,and other times I don't, but I always view it as a fire in the belly rather than pure greed ^{it's almost like a challenge to myself}. But generally you are right, greed can easily empty my pockets ^{the thing which I remind myself before starting my daily gambling affair}. That is why I always look at my bankroll to decide whether to proceed or not.  

Well, it means that we think the same way about responsible bankroll management. By the way, I came to this conclusion through my own bad experience. Even after many years, my wife sometimes reproaches me with lost money. How did you come to responsible gambling? Also, after an unsuccessful experience of your own, or maybe you had some kind of smart adviser who warned against an overly gambling attitude. Of course, you don't have to answer if it's inconvenient for you.

In the following example, I would say that creating a goal of $200 profit a day or such a goal is part of a greed and might cause problems. What a gambler would do if he has already in profit of $193? I would stop, but with a goal of $200, such gambler might continue. What a gambler would do, if previous bet brought him $208 profit. Will that gambler quit or continue gambling with $8? And what if he looses that? There is a chance gambler start chasing loss. Having a goal might be dangerous.

A profit of $200 on a daily basis is greed and we should not try to indulge in such ideas that we can be earning consistently $200 per day. This is nut possible because there would be a day that we might not have the luck to win and loses is what will follow. Any attempt to gamble too much to get a winning might end in a big disaster that could make us even lose more than we might have not if we are ready to admit any loses we incurred.

Every gambler must know that everyday is not for the winning. You might earn big today in gambling and lose for 3 consecutive days. That's a normal in gambling and we should understand that without creating problems for ourselves.

Being greedy is a really bad thing and if you gamble with greed you are more likely to lose everything in the end. Holding on to what you have won and keeping your greed in check is a very valuable skill. Many traders or gamblers take on excessive risk in the hope of making more profit even after seeing the face of profit and end up losing everything they have earned. Your awareness and self control will protect you from such mistakes the way you are aware of your playing style and keep yourself from being overly greedy is essential for long term success.

Most gamblers often face disasters only because of their greed, greed and passion are that type things, that will do not allow a gambler to quit gambling even after losing thousands of dollars.
In gambling, most of the time you will lose, then you will always try to recover your losses, but you will never be able to recover the loss, rather your losses will continue to increase, this is a clear reality of gambling.
Therefore, one should never expect beyond reality, especially if the thought of getting rich by gambling is in mind, it will definitely make the gambler destitute.

Yeah, if you managed to keep your strategy and the discipline inside you continue to established then you are right, you can extend your gambling when you are in the winning side, when there's profits you can increase your bankroll while you are not over exceeding from your set targets, what you set from your limitation both win or lose should be practice from time to time as greed most of the time conquer your taughts and leads you to desire for much larger profits.

Greed isn’t the root. It’s just the smoke. Disconnection is - from self, from reality, from the difference between desire and delusion. You said it: humans want more. But it’s more control, more certainty in an uncertain system.

Most gamblers aren’t just being greedy, they’re being lied to by a system that looks like investment, feels like success, and whispers like hope. And nobody taught them otherwise. When financial literacy is optional and emotional regulation is ignored, what do you expect? Of course people see it as a do-or-die thing. Society frames risk as courage, chasing as ambition, and going broke as “part of the grind.

Want to reduce greed? Redefine what “enough” means. Want to stop chasing losses? Teach people that surrender is strength, not failure.

But are we actually able to abide by the rules we have created? In the intense moment of heat, a lot of things can go wrong, and it might enough to burn us badly! I assume many of us faced this similar situations, where we crossed our limits but despite that kept on playing due to the adrenaline rush! Emotions drives us! And if we aren't able to control them, I'm afraid these rules aren't gonna help us. Those who gambles on regular basis would understand what I was referring to...

It is easy enough, when you have a strategy. In the beginning i tried to increase bet, to make new bet to decrease loses and made some other same silly things. Nowadays i don`t think about win or lose, don`t try to change results during the game. Make what you planned with bets you planned and be happy. When you begun bustle you make mistakes. Just keep calm even if you`re losing.

Of course, it's difficult. It's one thing to talk about it and quite another thing to do in reality. But if you have the will, you can control your gambling. There are things that are much more difficult to achieve. For example, it is much more difficult to quit smoking than to manage your bankroll so that you do not immediately lose your winnings. We can force ourselves to follow our own principles, then we can resist the temptation of excitement, which whispers something like: "Make a big bet on all the money you won today, you will definitely win again!" ;)

I think you are not quite right when you say that all players have daily profit goals. For example, I do not have such goals. In general, I believe that the concept of profit is not applicable to gambling.

Profit is a business concept, profit is the difference between income and expenses that arise in the process of entrepreneurial activity. Gambling is not a business. Accordingly, you cannot make a profit by gambling. You can only win or lose.

At the same time, if you win and intuitively understand that the win is significant (for you personally), then you need to stop playing. How to curb your greed? For this, you need self-control. Self-control is generally necessary, it is needed not only in gambling, but also in other life situations.

For example, you can develop a habit of not making any decisions immediately (impulsively). Try to make any decisions in life only after 5 minutes. Give yourself time to think over the current situation.

Calmness gives you opportunities to think wisely, knowing that in this type of industry you need to act accordingly, when luck permits you to win, don't hesitate to grab it and quit your way to enjoy your profits, if you failed doing it the chance might be missed as you'll going continue to chase for more.

On that situation, greed taking over and most of the time the outcome is not favorable but like what you said, the moment you allocates your budget to gambling and you choose to push forward whatever the result it's your decision that you need to take care.

This is the reality of one of my friends right now, he bet the game between Liverpool and Leicester City today to be a draw, and after the first half and almost 60 minutes into the game, I advised him to make his cash out at that moment, and he refused to say that the match was going to end in that draw, and not up to few seconds, Liverpool made the first and only goal score in the match.

It's an incredible boundary-splitting experience that is comprehensible to very few people. Only really those who understand the difference between fun and excitement. In fact, to have such a system is incredibly convenient, it will allow you to competently allocate resources, but at the same time can upset you if the allocated bank for the week will be quickly lost, at this point the main thing to realise that you need to stop

Imho "goal" has very different feeling then determining a "realistic bet". I am not even sure what you mean about that. You might have lose before hitting that, so how is it more "realistic" then $100 gains, or $400 with higher bets?

Sure, you would lose after a while, but determining the length of that time and the point to walk away is just like trying to guess the ATH of crash game. There's no optimal point doing so. You risk more for more gains, or less for less gains.

Well, there is one more important point that helps to stop. After a few days, regret about the supposedly missed chance to "win even more" (such a regret happens to everyone) will be replaced by the pleasant realization that the winnings are still intact. And I usually bought at least something with a portion of the winnings, for example, at least a cake, in order to feel the reality of the winnings. Because you can enjoy the cake with your family. It is important to buy at least something, because the winnings must be feeling real, and not just as a sum of money, as a figure. With such a positive attitude, even losing a bankroll doesn't upset you too much next time.

Same here. I know it's not easy to win in gambling and my past experiences taught me to be contented for whatever earnings I have. Don't expect to gain more because in gambling, only few gamblers are fortunate to experience such. What matter to me is the satisfaction that I get and if ever I win, i'm thinking it's an incentive while enjoying. Because I already keep in mind that gambling can't make me rich. So it's better to play just to entertain yourself and not with a goal of doubling your money.

It's easy said than done to double your money with gambling. Gambling will take the little that you have from you which is the main reason why you should see gambling as fun and don't expect any profits when gambling. Whatever amount of money that I assign to gambling, I believe that I have lost it.

Sometimes I dont understand people who plan their profit in gambling. It is a game of luck, fortune, random. Making plans or predictions seems silly. And sometimes I consider having a plan for profit as something similar to job. Until achieved, a gambler continue playing, once achieved, gambler stops. That does not look like entertaining. A proper planning would be gamble until bored or stop when there is some profit. I would stress on some profit, not specific amount, by any amount is good.

Everyone know that it's not easy to win in gambling but some people still try to win more and more despite knowing the fact that gambling is all about luck and you, trying harder, doesn't make you win more but it's only going to increase your chances of losing more money in the long run. So the best way is to either stop when you have won something already or stop when you see that you are losing money constantly, because continuation from that point will only put you in a more difficult situation and then it will be harder for you to stop.

The reason why so many gamblers can't manage to stop is that they don't do it at the right time. If you let your mind trick you into playing a few more bets because one of them might get you a big win then you are going to go deeper in it and then you will get trapped and decide to go for it so that you either lose everything or win something good, and we know the end results.

I remember myself many years ago. Stop when I reach a specific goal? Haha, how could I... No way. Greed still got the better of me and I continued to play. Only in very rare cases did I stop, because I simply wanted to eat. That was my break )) Damn, it seems funny to me now, but it's hard to imagine what kind of person I was, completely captured by greed and excitement. I was completely immersed in these two states. They captured me in their nets. I miraculously managed to get out.

Though most times some target may be difficult to reach in a day, that's why I just prefer not to have them in mind. You might end up losing all your funds even before you get to your target but if you are just Lucky you might hit them in a single game. We know how greedy works most times. We tell our self that it's enough for the day but end up coming back to place another bets. The only thing we can try to do is make sure we are satisfied with our bets for that day. It doesn't matter if you meet your target or not, ones you get tired or fed up then stop playing and take a break. Remember you need to satisfy your urge to gamble.

The idea that casinos can't make you rich in the same way that betting can is a very sensible and adult idea.
I know many people who naive in not child age. They really do not want to admit that this hobby can make them rich only every day will show the minuses or pluses of the deposit.
it's just that a casino is a place where human Hope, on the contrary, acts as a big minus and goes against the gambler or bettor.The more a person hopes, the more he bets, and the more he can drive his deposit into the minus. The main thing here is reasonable money management.

Unfortunately, a lack of discipline in terms of controlling time and money spent is typical of many gamblers. I mean, uncontrolled greed in gambling always leads to tilt, i.e., in that state when a gambler becomes emotionally unstable and actually loses control of his actions until his deposit won't be emptied.

The most important thing in gambling is to control greed and emotions and gamble for the right purpose. Most gamblers see gambling as a means of making money, they should understand that they should not expect anything beyond reality. They think that making money from gambling is very easy, but they do not think that it is possible to get anything beyond luck.
They become greedy and emotional after a win or lost, and continue to gamble uncontrollably, They should understand that they will not get back anything from this, even they will lose more.
Every gambler should keep the main purpose of gambling correct, gambling is only for entertainment, not for money. Therefore, the intention must be kept right, only then can gambling be truly enjoyed.

To my opinion it is a contradiction to say one should keep emotions out of the game. Without emotions there is no reason to gamble because purely rationally speaking gambling is a stupid idea.

I agree to regard it as entertainment which you have to pay with a chance of Göttingen entrance fee back....

Better to have that kind of treatment when you allocate your money mak sure that it's spare amount which you can let go, as there's no easy access aside from luck which most of the time mistakenly being treated by the gambler, instead of quitting when they've got the opportunities, they push forward hoping that they can make more at first they set up certain amount then change it to much higher till they lose back everything.

Self control and ability to make the right decisions is one of the major reasons for the 18+restriction in gambling. However sadly some gamblers fail to maintain these qualities and as a result end up in addiction. When you are greedy you make funny and lame decisions all to make extra even where not applicable. It's part of the reason you find out that most gambling addicts are in losses and spend more time than normal on gambling activities.

That is where it goes wrong. When one is pursuing too much money and his greed gets the better of him, it will be chaos in the end. Gambling addicts are not born gambling addicts. They acquire this mental problem because they are too hooked on something, and in this discussion, it's gambling. When we are spending way too much time on gambling, that's when we should think about our next step, because if we continue on that same path, then everything could go wrong in the future.

I have been in that position before, where I spend too much time playing slots, and I can say it destroys everything. Time management, job, house chores, and even the simple eating time. We should learn how to be satisfied when we get a good multiplier, and that's what I learned after that. Greed could totally make us lose more.

Those over 18 years old are expected to think more maturely in making decisions and behaving. Although in reality there are quite a few people who are elderly, even frail, but still behave carelessly in gambling, even to the point of addiction.

In the end, age restrictions are only an effort to limit teenagers from entering the world of gambling, not an effort to prevent people from becoming addicted to gambling. It all comes back to ourselves in controlling ourselves and our emotions when we are in the world of gambling, because age is not a guarantee that someone has it can be wiser and more mature in thinking.

The urge for more wins can't be compared to the drive to chase losses, I don't even classify this as greed because it's just stupidity. Almost every gambler is guilty of it, when you sit down and ask yourself why you chased your losses in the past you won't be able to understand your reasons for doing it. At that moment when you are focused on getting back what you have lost the drive to keep gambling would continuously increase but after realizing that you have lost everything regrets would set it.

It is a fact that immature gamblers are at risk of addiction, but when we prepare ourselves for online gambling, the casino companies collect agreements from us and do not verify their authenticity. The inability of gamblers to control themselves while addicted to gambling is one of the obstacles for the gambling industry because gambling is viewed negatively in society, whereas when you control yourself and gamble regularly for entertainment, it has a positive psychological effect. Gambling addicts are more likely to be greedy and are not aware of when to stop after losing/winning, so they become more aggressive gamblers over time.

Some would often say they have these presumed abilities to stop whenever they want to... If you're lucky enough (since it's rare to find such irrationality at its peak), you could find one that parades himself to be in control of the games forecasted for the weekends.

Chasing your loses would always end you up in a pit -- it's no two-way games. One way in, one way out. Both ways are aren't measurable as it's more easier to Start than to put a stop to it. That's like getting trapped in between the broken glasses in the mouth of a fangtooth moray eel. let the show begin

Even if someone is confident in their ability to control their emotions when winning or losing, this does not mean that they will win. This player simply has a slightly better chance of staying on the surface for a longer time than players who lose all the money available to them in an evening. Of course, it is important to control the loss limit, as well as winnings and leave as a winner, but there are also questions, for example, will a player be able to always do this and not break down? Of course, greed has ruined many players, so it is better to rejoice even at small wins and be able to appreciate them, and not say that this is too little, so we will bet more.

The answer to this question usually comes with a lot of considerations. You can't spend and still expect to have leftovers. Meanwhile, you have a terrible spending habit that you have yet refused to tame.

So therefore, I'm going to emphasize on the fact that gambling isn't for the poor -- Regular gambling is fun and you're to decide on how much to wager, but some strategies have a specific requirement in cash that you need to wager with, to be able to pull out with something huge enough to cover up your loses. If you don't have enough to keep up with this (even if you have enough but allow yourself to go too deep into it), you'll fold in no time.

I think what kills harder is accountability. The know the ''greed" word so well, but they don't wanna hold themselves accountable for always falling for it. That way, they'll never learn.

But unfortunately, some people do set their goal that way. And in the process they end up losing not only their profits but also their initial source. Greed is a bad thing, man. People should be able to realize that sooner or later, before something horrible happens.


There is a saying that I have always heard from others around me is that, "gamble what you can effort to lose not what you have". Like you said in your last statement, people should believe it is a lost money, and play with a view to enjoying themselves but not to make it or trying to make it some sort of income source...

In gambling, I never have profit targets. I'm a bit surprised that you have profit targets daily. It means you gamble daily and you must spend certain amount of money daily. How much you spend daily, friend? Honestly I gamble mostly for fun and I don't gamble daily, I only gamble when I've free time. I know that there is no certain ways to guarantee profits. That's why I never plan any target in gambling.

Sure, it is familiar, it happens in many gamblers. When we are trying too much and being greedy, it usually ends up with severe losses. For me, when we have got $200 in a day, it is very enough to stop it temporarily. When we are trying to play gambling too much, no doubt that all the prizes will be lost. I rarely experience this because I never try to gamble with too big money. I usually only use under $100 for gambling daily. So when I get more than $100, I immediately stop my gambling journey at that day.

Getting a profit is already a good trend, after that the first thing you should think about is cashing out the winnings, especially if the winnings are hundreds of dollars. I think that most gamblers play much smaller, their bets are only a few dollars, and they can only dream of winning hundreds of dollars, so if they got such a profit, they would probably think about cashing out such a win.

Profit target can be useful as it may help you to reduce or to control your greed which means that once you reach the target then you should stop.
If you want to continue, look at how much your actual winning/profit, for example if your profit target is $100 but luckily you manage to make profit $150, so withdraw your initial deposit + profiy target and continue with the remaining balance.
Of course it will be much better if you withdraw it all and continue to play the next few days of weeks, at least take a break once you make a profit from gambling.

I think that it depends on gambler. I just told my way of the game. But it is true for me - i prefer small but stable moving forward. The same time, i have few mates, that "play from the game". They have some feeling of the game and they can change their opinion during the game. And win as the result. But it is far from greediness. I don`t sure but i think that they even don`t cares about the sums - they like the process.

This is actually a great idea when you're trying to save a profit in a daily basis or when every time you gamble. Though a $100 or more profit per gambling session may be hard to attain, but at least you are securing a profit in the long term. However, some people are just too greedy that they want to maximize the opportunity to get more profit by continuing to bet without withdrawing something for safe profit keeping when you run out of luck. I had a rough experience countless of times before and regrets came right after I walked out of the casino. I thnk I have learned enough from there.

You can use many strategies to save your profits from gambling, but if someone has a lot of weakness towards gambling, then no matter how many strategies he uses, he will not be able to retain his profits because, every time he loses in gambling, he will keep depositing there to recover the previous losses and make profits again. And this will happen due to his greed and emotions. So, whoever has greed, he will never be able to retain money from gambling. This is a kind of disadvantage of gambling. Here, the more strategies he starts using to make more profits, the more he will fail in his activities and lose all his money.

Why take a break when you managed to make a profit and withdraw it? It seemed to me that there is a point in taking a break when you have a losing streak, but in the case of winnings it should not work the same way. If there are players who can make a profit from gambling, then they will have to constantly take such breaks, I do not see the point in this, if you manage to win, then continue and do not think about anything, winnings are what we are in gambling for.

Exactly what do many gamblers fails to see, most especially the new gamblers who just jumps into gambling thinking that the can make quick money by just predicting. The moment you start putting to much hope on gambling, you will eventually fail and  one way or the other, your level of self control would begin to drop. Eventually you might become an addict whose only means of survival is through gambling and when he makes no wins that's the end for him. We should avoid such cases scenario as a gambler.

I was once in your shoes. I use to gamble with a goal "end only when I double my deposit". Many times I was close with making +95% profit, and it would be smart to quit. But no, I continue gambling due to having a plan and greed pushes me to continue, leading to losing more and more. During such games, I even start to persuade myself that "+50% profit isnt bad at all", but continue gambling because I want to end a session with a a round amount won. I dont want deposit $50 and withdraw $76,75, I want $80 to withdraw" and all that lead to continue playing and losing again. There were moments in past, when I achieve desired amount I wish to withdraw, but I want to place one last bet to cover withdrawal fee, so again greed hits me...

And indeed, few people think about how they will withdraw their winnings later, for example, in the country where I live, in order to receive my lottery winnings, you need to pay taxes, which are about 13%.
I think it's terribly unfair, because if I deposit money, then why should I keep 100%, so that I can later withdraw 87%? Then it would be nice for the state to make a cashback of 13% for those who lost.
Maybe there is some tax deduction in some countries on earth, but I expect it to be absent in the country where I live.

In fact, the chance of withdrawing money will be even less, because it is necessary to take into account the commission of this casino in which we play, which will make our game even less attractive. Well, of course, it is necessary to take into account the tax payments that we will pay when winning, which in fact affects the player very much in the long run. But in general, players do not even want to think about it, because first of all they want to relax, experience excitement, earn money, and they have moved everything else to another plan. Professionals take into account every little thing, which allows them to make at least some kind of forecast for the future, they understand where the losses are greatest and try to close these holes.

1. Are you charged with 13% tax for any amount you have won or only over special amount? That tax probably also is progressive.
2. I agree that it is unfair, because government does not risk at all to be able to lay up claim for 13%. On the other hand, that is your income, and in some way income must be taxed if you gamble regularly as it can be considered as profession or you are doing it as professional activity. Trick is about regularity of gambling. What is considered as regular gambling. Doing it every day, or more than few times only a year.

Such an incident has never happened to me in gambling because I have not taken gambling as a means of earning money. I have always taken gambling as entertainment. I do not participate in gambling every day. I participate in gambling two to three times a month and I use very small amount of money in gambling. I never gamble with a goal in mind. I always gamble for entertainment. If I had gambled with a specific goal in mind, then maybe greed would have taken everything from me. Every gambler has to eliminate greed from gambling and give up the addiction of earning money, only then will gambling be enjoyable.

You definitely nailed it the ability of not stopping make you lose everything and that's one sign of greed, sometimes you may have the opportunity to cash out but cause of greed you tend to wait till the end of the game and end up loosing it all and that's a total This is a constant obsession of most gamblers and they can't resist it in most cases it happened to me but can't give count of how many times but I learnt my lessons in full dosage.

You are right for sure, the reason why most gamblers will still keep gambling even after encountering a win, supposedly a good multiplier, is because the amount they were betting at the time of winning was small, so the amount they won isn't much or high enough for them to want to withdraw, this is if the amount is even up to the casinos minimum withdrawal limit.

Imagine for example someone betting $0.1 on a game and manages to hit a x50 win, x50 is considered a high multiplier but if we check how much in total the gambler has won which is $5, it's not worth withdrawing, at most, this gambler will have no choice but to keep playing to see if he could win more so as to withdraw a higher amount, but if luck isn't on his side any longer, he will definitely end up losing this profit and the capital he initially started the gambling session with, I can also say that such a gambler lost because he was greedy? I don't think so.

It's all about mindset, and when a gambler has the wrong mindset, they tend to expect too much from gambling or want more than they should. Gamblers need to be very mindful while gambling because any shift in mindset, such as seeing gambling as an easy way to make money, can alter their gambling habits.

 Gambling is inherently unpredictable, and our expectations and the amount of money involved can't change its fundamental nature. Gambling is largely based on luck, and the wise approach is to have realistic expectations. It's essential to view gambling as a game of chance and accept whatever outcome may arise.

That's right, greed will destroy us. The victory that has been obtained will change with regret. I'm sure all gamblers must have experienced this, and I often experience it. When I have won I am often motivated to increase the victory in order to get a larger amount. But the reality says otherwise, when I lose once I continue to do it to return the victory so that the defeat is even greater. It is difficult to learn from this mistake, but I learned a little so that it does not destroy me. This is part of learning and is normal. Losing and winning are natural in gambling, and it is natural for someone to be motivated to make a profit, the most important thing is not to let greed destroy you. My advice is not to target a certain amount in gambling, because this is uncertain. It is better if you get a win, immediately finish the game.

I think if you are stingy in paying tax then you might refuse to pay the fair amount if you win a large amount. Casino companies will collect fair taxes from you and they definitely do. They collect taxes from each customer for the government. Most online casino collect taxes from you in the same way. Almost every platform requires you to pay it when gambling. I think that in such a situation I can refuse to pay extra money for my losses or wins, so every casino platform deducts taxes when paying and you will naturally be obliged to pay. Tax evasion can be a foolish consideration for any gambler because they pay it without their knowledge most of the time even when you lose.

You have a point though but maybe that's how he likes to take things with gamble slowly, everyone cannot  have the same mindset or thinks thesame way. Taking a break after a win could be a strategy to get you mind off gamble and spend the money wisely, I have had experiences of spending my win back to the system instead  of quitting the session, greed took over my mind, so I can see the reason why panjul07 suggested that gambler should quit and take a break rather than trying to bet more which may eventually end up in lossing the entire won amount. Some wisdom could look foolish not until you're in that position  then you'll understand better why some weird actions are taken.

Considering that winning in gambling depends on luck, in other words, it is rare to win, so when you have managed to win, the best option is to cash it in, but the desire to win big is always there and this is where self-control is needed. When greed takes over us, we may lose the winnings we have earned, which should be a lesson not to repeat the same thing.

A lot of gamblers get too overambitious and that's a problem, a friend of mine said he planned to get a thousand dollars from 10 dollars through a daily rollover and my response to him wasn't as positive as he expected it to be. To cut the long story short he managed to flip his capital to a hundred dollars, my advice at that point was for him not to get greedy, I told him to take out 90 dollars and start all over but he had other plans. It turned out that he ended up losing everything. Sometimes bad luck isn't the problem it's greed.

I think it is not greediness but just game without strategy. The goal to make x100 is not a goal, but a dream. I can suppose, that when he got $100, he decided, that he will continue winning. But he had to think about safety. He could decrease bet size - anyway it could be more than on the start. He could withdraw part of money.
I can`t call such behavior greediness - as for me it is just stupidity.

It is never a good idea to decrease bet size hoping that you can win by doing so, I have tried different games with 0.10 dollars bet and a balance starting of 250-300 dollars and over some hours all the games have shown that I had lost more than half of a balance and in some cases even more. Dreams are what keeps us alive, some call them goals and objectives and some dreams, usually gamblers have dreams and not clear objectives as that what makes gamblers, people who dream, I don't know any person who has a goal or objective and is a gambler, so I would not blame him for trying to get more and more, after all we are playing to hit that max win multiplier or huge jackpot that in some places is a life changing event.

You are right. Everyone that's gambling always want the winning and I'm not exempted also. However there are times when you observe that you are on a losing streak, you shouldn't chase your losses cause it will attract more losses to you. But like you have said earlier, that the desire of many gamblers is winning and not the fun and that's why it's kinda difficult for many to win.

It's really an unpleasant story to hear, especially if it was experienced by your own friend. Sometimes being greedy and overconfident can make a person lucky, but that opportunity doesn't always come. There are times when we need to withdraw money and leave 10% in the account, but there are times for all this when there is a good opportunity. Gambling is a game with a high risk of losing money, so I hope someone who realizes that can really be responsible.

In gambling, sometimes other people's suggestions or advice can influence decisions, but sometimes they don't. In your friend's case, he seemed confident to continue his gambling journey and wanted to multiply his profits, but unfortunately he had to accept defeat. At least, protect 50% of your winnings as a reserve so you can have more options when you lose.

There are those gamblers who do really that play for the sake of fun but most of the time on which that fun or leisure seeking turned out to be that completely different at the moment that you've become that already changing up that mentality on which you've been that hoping that you should be that winning up and trying to chase up that kind of profit making when doing gambling. When greed kicks in then it will be that so hard to control no matter what the things that you would gonna do. You will definitely be that thinking off that you should be that playing on continous so that you do able to hit up some good winnings until you do have that funds that is left into your pocket. There are those moments or times that you cant be able to stop yourself just because of having this kind of approach. Never ever tend to end have those kind of assumptions because once that things becomes that triggered out then finances would be at risks.

Its always that important that you do really know into the things that you've been dealing into and on the risks that lies ahead. You can play gambling without any issues but thats if you do have that good self control and discipline on which this is where most gamblers do really failed on doing so. There are those moments or time that you will be ending up on having no control when it comes into your greed or emotion on which it causes up for you to have that kind of impulsive approach on which it do ended up on disaster if you dont really not that minding about the potential problems that lies ahead.

I don't see anything wrong with greed. Taking into account that if we don’t confuse greed and addiction. It's a question of priorities - let's say you only need a small win to finish your gaming session. But if you reach it and finish it, then the path to a big win is closed for you, right? If you want to win big someday, you can call it greed, but it is quite logical that you should try to do it and not stop at the beginning of the path.

The inherent problem with greed is how it can be the beginning for any gambler, who initially started in the right path, to lose their focus and start to gamble for the wrong reasons, you know. There is a good reason both addiction and greed are frown upon in most of cultures and religions around the world, because it can lead to evil.
You are right when you say greed is not addiction, but greed as turn into addiction and addiction leads to despair.

Ironically, in the end, gamblers how started their sessions on casinos winning money, eventually lost it all because either greed or addiction. So I think there is something bad with greed itself and the nature of the greedy human being.

I believe that greed causes more problems than it helps us in gambling. After all, it is because of greed that we chase losses and it is greed that contributes to our addiction. Therefore, I try to control greed by limiting the deposit for gambling and trying to take away any winnings. Unfortunately it does not always work out, because to fight greed you need a lot of work on yourself and internal discipline. And this is not easy to do.

In case you believe greed is bad and discipline for limiting greed is good. How would a smart money management in gambling look like? Might be easier to talk about when its detailed and comprehensible.

Greed is part of human nature and that's why the world is passing through what we are facing today. I want it all to myself and you aren't contented with the little one in your possession. If you bring in this kind of habit to gambling, you will ruin your finance and finally get frustrated due to addiction, because there is no way that you can win the casinos in the long run.

Yes ofcourse we all have been there and felt the same thing upon loasing what we had already won.
The truth is that despite feeling the harsh pain of losing the won money, the greed still comes back after a certain period of time.
Only if we have a strong self control and the mindset to take our profits and close for the day, then we can sustain those profits.

I don't have profit targets. Having profit targets for gambling is a bit silly in my opinion. It's gambling, we never know what will happen next... that's why it's gambling, it's on us to try it and wait for the results.

Too much greedines will kill our profits, in most cases. That's why we need to learn to stop, it's a hard lesson to learn and even harder to apply in moments when we are on fire.

Yes it sounds familiar, too familiar. So many times it's impossible to count... So yes, I learned many lessons, but still I fail to apply that in some crucial moments, so I still slip here & there. But I always say, when you make a deposit you have to be aware that there are real chances of losing everything. Gamble responsibly, just with money you can afford to lose.

 

Sorry but I don't completely agree with you, greed is not the reason people chase after their loses, this is absolutely not true, it is completely normal for a person to try to recover what he or she has lost, this doesn't happen in gambling alone but also in the outside world, even in trading, traders try to recover money they lost in past trades and it's absolutely normal.

What greed means is that after winning, maybe big or small amount, instead of taking a rest, you are eager for more and that desire to win more keep you gambling when you ought to have stopped, any this often times will lead the gambler into losing that which he had won and many when the capital at the end of the day.
Chasing after your loses in gambling is not advisable but it's also does not mean you are being greedy, greed means having something and still not being satisfied, you want more, that's lack of contentment.

Can you please give an example when greed helps, because I cant find any example of help in gambling. Limiting the deposit - do you really do that because you are greedy and want to achieve more with less? Or because you are smart in managing finances.

The only example when greed helps (and even then it isnt a direct help or about greed) that came to my mind is free food sampling in stores. Instead of spending own money, a person can try decrease hunger with free food.

We should know that greed will get our money easily plus with our win money. If we have a daily target when gambling, we must quit gambling immediately when the target reach so we don't have to face the greed that become big.

Many gamblers has that experienced, me is one of them ;D

But from our experienced, we know that we must stop gambling before the situation change. We learned from that so we don't chase more if we already win.

We will stop gambling and not take too long. We don't want to see the loss so we can hold ourselves from the will to keep gambling.

Practice and good discipline will gives good outcome, yeah you said it right greediness will always at the back of your minds, only those who have a good self-control will able to managed and not to let it dominates in terms of decision making, if you keep practicing and you put that discipline inside you, then you'll be able to manifest a good results especially when taking your profits and not to fall with pushing and aiming for more if you already got some decent amount to cashout.

It also matters what bet the player makes on x100, if it is a bet of $1, then there is not much point in it, because you can wait a very long time for a win with x100, and in the end you get only $100, and this amount will not be able to change your life in any way, for this the bet must be much larger, but I doubt that there are many players who will risk big money in order to make a bet with odds of 100, and this will need to be done more than once until you win, so this is unlikely.

Above someone said that if we control our greed, we deprive ourselves of possible winnings and emotions. Greed provokes us to take more risks and consequently can lead to more winnings. For example, I try to finish a gambling session increasing my bankroll even by 20-30%. Maybe that's why I have not won big wins for a long time, which were noticeably more when I did not limit myself in gambling. On the one hand I began to lose less, but on the other hand it does not bring those bright emotions. In my opinion, everything needs a measure and in restrictions too.

May be it depends on gambler and games he plays. I`m mostly in sport betting and prefer slow but stable moving forward. Increased bankroll -> withdraw some money -> increased bet size. Repeat next week. If week was unsuccessful - decrease bet size.
May be in random games it works in another way. I play it only to relax with minimal bet.

Greed for bigger winnings implies highter risks. If you loose 20% you need to win 25% to end up +/- 0. Therefore Position size should be limited to 1-3% (normal Position size in trading). I don't see benefits from highter greed...

1% of bankroll is the safest decision I have made in betting, yes, you won't win much, but losing doesn't cause any trouble. Can a low bet be considered greed? Maybe yes, because if I wanted to win more I would bet more, but then I could lose more. And so I bet a very small bet for myself and for my bankroll, it is safe and in case of loss it does not affect my deposit in any way, so it is not greed but safety for my money and a careful approach for my nerves.

No, you have it completely wrong. Gamblers don't lose because of greed or addiction, but because the house has an advantage. So losing in the long run is inevitable. But if you do a thought experiment and imagine that the gambler has an advantage over the house, you will see that the longer he plays, the more he wins. In such a situation, greed and addiction suddenly become useful qualities, don't they?
So either you admit that it's not worth playing at all (even for small wins) or you admit that in order to create a chance to win a huge prize, you have to take risks. These are two sides of the same coin.

Oh, these goals in gambling. Why can't I just play and not think about anything? No, I need to come up with something to justify my actions and greed. The latter is so powerful that I want to constantly be in the game, but achieve my goal. Yeah, right... Only the deposit is rapidly melting before my eyes and nothing more. As a result, all the money runs out.

It's good that I managed to reconsider my approach to gambling. How? I set a monetary limit for myself and I don't go beyond it anymore. If I do something stupid, it can affect my budget, which I have for a month.

I think that is a good and healthy rule of thumb.
Only take money you really can cope with losing and than take Max 1% of it per round. through this you can limit the risk and focus on the fun of gambling.

In Addition you may Focus on relative winnings in % instead of absolute winnings in $ and you may trick your greed. ;)

Almost every time that I have decided to take profits without getting greedy I was in positive at the end of the session.
Almost every time I decided to play a little bit longer out of greed, I have lost money. I believe this must be the same with everyone.
The sad part is, we cannot really control ourself every time and lose ourself in greed and hence lose money.
If only we had a strong mindset to control ourself from over gambling then we would be a responsible gambler.

Yes, but at the same time many will object to you, saying that it works the other way around: If someone won 20 percent, then now he must lose 25 to return to the original value.
Therefore, the beginning of gambling, no matter what kind of it it is, is of great importance. I also want to say that when someone sits down to play in a neutral mood, then his future mood depends on the first bets, because the initial emotions are very important. And I know that feeling when the first few bets turn out to be losing and it hits you hard, I want to relax. I easily start thinking that fortune is not in the mood today.

The thing is that it helps to have a strong resistance to sudden changes in emotions to prepare in advance, for example, before the very start of betting, imagine what possible scenarios of losses and wins will be in the process of our game. And what will we do when this happens, stop the game or make 3 more bets and leave, have a little cry and so on. For example, this helps me a lot and I will not play further in a fit of excitement and greed even if I win, but we must clearly understand how much we need to stop, x2, x3 or x5 win.

Setting up a goal I guess considered as a good idea because you have a target to win and then stop to play for a day seems your quota so you didn't get too much attached in too much playing gambling but to reach this is depends on the game you are aiming for, in terms of slot could be a single spin can win but again not all spins assured to win a large amount seems you will took a lot more spins before achieving the good multiplier. In terms of sports betting could be feasible because on the odds your asset needed is the knowledge and skills on the game how to play. I preferably to have a goal and limit so still have a control with gambling hobby.

This happens to everyone, it is very easy to get addicted to gambling, but not everyone can get out of this addiction, and it is even more difficult to stay away from this addiction. When a gambler gambles with some money, after he gets a big win, greed works very strongly in him. He wants to get more and more of this kind of win, then he cannot control himself in any way, and he is forced to gamble more and more because of greed. So greed and emotion are the biggest problems of a gambler, because of these, gamblers become addicted. So gambler should be clear his mind first, if a gambler can control greed and emotion, then he will never be an addicted gambler.

Maybe there are other gamblers who are really targeting something when they play casino gambling, and maybe there are also other gamblers who are not really targeting profit,
particularly those whose only intention is to have fun and don't care if they lose.

Because there are others who just gamble to relieve themselves and temporarily forget about the problems they are going through, according to other people I read here in the gambling section. Although, most of them really hope to win when they play gambling.

Sorry @summonerrk, but math is agains you....
Winning 25% and loosing 20% balance out each other -> 1,25x0,8=1
Winning 20% and loosing 25% results in 10% loss -> 1,2 x 0,75 =0,9
The sequence does not matter....

I'm going to be honest with you, nobody I mean no gambler does gambling for the purpose of not making, it's possible there is fun as part of their objectives in gambling but the general purpose of gambling is money. Nobody goes to a random place or random website and want to spend money for free, the plan is to put something with hope to get back something that's why they try and try to even recover what they have lost but if they don't at some point, they don't bother again.

If we want to talk about people that relieve their self of stress, most of the time it's not done on online casino, people go and pay visit to physical casino where you get to meet people, you connect with people and have some discussion or do single player games in slot and some other games but money priority is there, nobody want to lose money to anyone, it might be fun but preservation of money remains as priority if we really want to be honest with ourselves.

I think that everyone has a desire to win with whatever background they have as a reason for gambling, whether it's killing time, having fun and so on, I will still believe that someone will hope to win, but among them have sanity of thought or not so that they can measure the potential winnings and losses in gambling that make them have to limit their gambling, and among them there are also many who do not understand and depend only on emotions and ambitions to win and make money wholeheartedly so that they lose everything.

Greed appears to anyone who never has gratitude for what has been obtained, hitting them is the fastest way to realize it.

Greed can't be tricked; it's a mental state, and you can't fool your own mind with your mind or any tricks because your mind knows how to keep things separate. It will always keep greed separate from other thoughts and stuff. No matter how much you try, as soon as there is an opportunity, greed will find its way and come up front to trick you into gambling more and with higher stakes so that you can get more money. You will eventually do it because greed covers everything else when it comes out of its shell.

The only way a person can control their greed is if they have too much self-control and a generally patient nature; then they can control it and wouldn't let it control them. If someone doesn't have a generally disciplined and patient nature, they are always going to have a hard time winning a fight against greed because the urge will be too strong for them to resist.

This has happened to me but I don't feel bad anymore because I have learnt my lesson. Getting carried away and trying to chase more wins is the reason why a lot of gamblers lose money .when greed kicks in you must discipline yourself to always stay away from gambling for that moment, the best thing to do at that point is either reduce your stakes or just avoid it totally. If you have reached your target make sure you withdraw your profits and stake back 20 percent of it back to Gambling.

people who is new in gambling might have experience this case, I will say almost everybody, we realise not to greedy in gambling after we have lost many times in gambling, if someone have not experience this kind of issues before in gambling it will not know that gambling is something that we are supposed to remove greediness before gambling, because most of us that losses in the gambling, what makes us to lose is out of greediness, so we don't need to gamble to benefit everything in gambling.

Greediness is one steps to a downfall and when you embrace it it kills you slowly regardless it's not advisable to hold up such greed acts for so long. It's so funny on how most gamblers are irresistible when it comes to money and they can do anything possible to get it, in which greed is one negative factor. And they don't take caution of the signs of stopping at that moment I know it's lovely to keep playing not until you don't take note of this little fact and end up loosing your efforts all because of greed.

If happened that you managed to win better to quickly take the money out and don't think that you already know the tricks to keep winning, there's no such, gambling is more on luk no hack and nothing at all, if you control you greed and managed to stop while you still got something to keep then winning is possible and the more you discipline yourself the better chance that you'll be able to make money out from gambling.

Then again, it's more on how you control yourself when you are in session, setting limits and make sure to follow things from beginning to end may give you chance to takeaway some profits.

I disagree here as it depends on the comparison.
Imagine you play with small bets, lets say you have $100 and Planes bets with $1.
When you are winning a round, than winning $1 is a very small amount so you want to bet more to win more. But in case you winning a round and think that you have doubled your bet than +100% is suddenly a lot and enough to create some satisfaction.

Whether you focus on absolute or relative gains can be trained, with that i am sure.

Gamblers become obsessed with winning big through small wins, And when it continues uncontrollably, it leads the gambler to destruction. Greed is present in everyone, some people can control this greed, and most people cannot control greed, especially when gambling. When a gambler wins, he bets again for that win, and that is uncontrollable. If they could maintain the right mindset, they would enjoy the win after winning, but they become greedy and gamble for more wins, and as a result, they lose everything. That is why if the right mindset and greed cannot be controlled, it is never possible to stop at the right time.

Gamblers should really behave like that, but the problem is that the mindset of every gambler in the field of the gambling industry is not the same. Although the attitude you apply when
you play gambling is good. I guess I support you in that attitude.

The habit of some gamblers is that when they win, they think that the amount they will win is even bigger and when they lose a big amount,
they often chase their losses.

Because winning can increase the bankroll, which means you can afford to bet more, so it can turn into a vicious circle if the player does not have rules that he must withdraw the winnings every time he has a reason to do so. But more often it happens that you need to win back and not think about what to do with the winnings, and when you win back, it is not greed that comes into play, but the fear of losing even more, or not winning back at all.

This is a psychological factor, and not all gamblers can control themselves. For example, a gambler has won $ 950, and at the last moment, he/she wants to win a little more, so the sum of winnings becomes $1k. The funny thing is that a losing streak most often occurs at such times, and a gambler begins to tilt because of this.

Hahaha I laughed at what you said, because it reminded me of an incident I actually experienced when gambling with $50 money.
Played the Crash game and at first it looked easy, but then I kept losing until it dropped to $30, but then I went all in and got $59.

But because of my unstable psychology and telling myself, that it was just a little short to reach $60 I ended up playing it all,
but in the end it disappeared little by little and there wasn't even anything left, it made me really shaken and regretted why I didn't stop at just winning $59.

An unstable and overly greedy psychology will really be very detrimental as gambling progresses.
From that incident I learned that it would be better to be satisfied with the initial gains made and avoid losing more.

Very relatable, Greed can be very damaging, I have had  a moment where I lost significant amounts of money I made but because I was chasing a small amount of money I ended up losing almost half of my profits. We must learn to value whatever amount we get from gambling instead of trying to win more. 90 percent of your problems would be solved if you can avoid greed. Chasing more wins only leads to more losses.

The funny thing is, they come to the casino with the hope of making a profit, but once they start gambling, placing bets, and winning, instead of taking their winnings home, these fools choose to bet everything again including the profits they have earned in the hope of making a bigger profit. But in the end, instead of making a bigger profit, they go home empty-handed. And the worst thing is, when what should have been a profit, actually turns into a loss at the end of the game, this can make someone crazier and more ambitious in gambling and placing bets, because now their hope of coming to the casino is not only to make a profit but also how they can return the losses they have experienced, and at this point usually someone will lose all the money they have.

The more a gambler wins, the more his desire to win will increase. That is why it is foolish to think of winning more after winning. In most cases, it has been seen that who are greedy they loss more. In any situation, a gambler must be in control. Because when someone cannot hold the winnings after winning, there is a possibility of a big loss. He becomes aggressive due to losing the winnings and tries to recover the losses, which is why he loses more later. That is why greed must be kept within a limit. If a person is under control, the possibility of losing can also be reduced.

Due to frequent wins, a gambler's greed increases a lot. This is the weak point of a gambler even after winning in gambling. Greed is never good. And the chances of a greedy person being successful are very low. A person can control his own emotions in some way. But greed can never be controlled, once greed starts working in him. Although greed starts working automatically when someone thinks about any financial matter. You can manage yourself at a normal pace until you get involved in any financial matter. And whenever you get involved in any financial matter, greed will automatically work in you. Which can be understood very well in the case of gambling.

Having a "profit target" in any form of gambling is usually a terrible idea, that goes from blackjack card counters to poker masters to anyone else. A true mathematician and gambling expert would understand that random statistics mean you will receive runs where everything goes in your favor and equally runs where everything goes against you. If you wanted to treat every gambling session fairly then you should be basing it on something like a fixed amount of time, which only works when you know you have a possible advantage and are not simply feeding money to the house. Most gamblers refuse to admit that they don't have an advantage - sports betting is murky because it's theoretically possible, but all casino games are designed to pay off the casino in the long run. A target means you keep hanging on, but a bad streak can compound.

In every gambling, putting greed first over every other specialty is an ultimely mistake to start with.In many situations,over greediness can kill your chances of achieving something spectacular and even rip you off long term opportunities that can cost you your bigger wins/successes.
The thing with a greedy gambler is that they fail to see the bad in the decisions that they make,thereby increasing the risks and losing everything back to zero.

That is the motivation that gamblers are always waiting for, the moment they have one win it is finished and that is one habit that we all are portraying because you will always want to win and there is no way that you will not always want to try your luck because since gambling is mostly about luck. You will always want to push your luck and see if you will be able to win and when it comes greed everyone is greedy but how you control your greed matters so that you don't waste all your money they have in there possession because gambling is expensive to maintain so if you don't control your self you might even loose everything to gambling,  and when you control your self it will safe you a lot of things, and the earlier the better that all this things are put in place. Because don't underestimate how gambling can be dangerous sometimes so playing smart in gambling is the beginning of wisdom.

It's painful that everyone keeps talking how gamblers are so much greedy than talking how such greedy victimized gambler can get out of the mess, every gamblers are greedy we all know but what can we do to get away with this habit. No body talks about that.

Placing a bet is another thing, loosing is normal, winning is also normal, retrieving oneself after much winning and loosing is the discipline that needs to be mastered to get out of this trap.

To my mind the first step to discipline is to Set oneself hard rules for money management. I like the rule of thumb not to bet more than 1% of the available money. Maybe in addition with a hard limit for stoploss or take profit (stop gambling at -20% or +25%).

Focusing on relative winnings % instead of $ could help to trick the greed Feelings...

That's what's really good to talk about here, how can we not be attracted or fall into this so-called greediness, because some say greed is a matter of choice, in which I also really believe.
The problem is that when a gambler feels like they've won 5x straight in their bets, they get trapped here.

They fall into the feeling that they can't lose anymore so they continue to gamble, but if we really have limits on ourselves,
for sure we won't fall into the trap of this greed in reality.

This is a normal thing for every gambler, many times when someone wins several times in a row, a false confidence is born in them, then they think "I will not lose again", and when this thought comes to them, they cannot control themselves in any way. And this will definitely lead them to disaster.
So if you want to keep yourself away from this kind of disaster, you must set limits within yourself. You must always think realistically, giving in to greed and emotions in gambling means that the gambler's disaster is certain. So it is very important to always follow the right thinking.

Some gamblers don't get over greediness even after going through the learning process, it's better that you avoid it while you are a beginner because there's a chance that it might stick with you as you become more advanced. Speaking of what you said about being a non professional, I don't think that there's such thing as a professional gambler, it's all about having more experience.

I’ve found myself in this situation countless times, and actually learned the hard way to have more control of my emotions. Gamblers who set winning thresholds or targets before they start gambling often find themselves in such situations if they’re not careful enough. It’s not like setting limits for wins and losses is wrong, but when setting limits or targets for wins, it should to avoid unintended losses right in the middle of a winning streak and not to reach a particular win target before you take a walk.

So if I may ask, what then is the difference between having more experience and been tagged with the word "a professional gambler". Because, literally I must confess that both phrase are the same, since it is simply a timeframe of either long or short term experience on certain activities tagged an individual as either  been a novice or expert in whatever field he/she may finds himself. Of which gambling is not excluded, as there indeed users that could be called "professional gamblers", due to their vast knowledge about it, despite the fact we all knowing that sometimes anybody can be lucky, not minding if you are an expert or novice. And as such, it's always advisable we gamble within our limit and not let greed get us carried away while gambling, because one thing certain is that the casino house will always have a greater advantage over gamblers in a long run.

For beginners, their greed will generally be much deeper, because if they win something in such a way in the first stage, they will get involved in this matter much more, they will want to get more and more of this kind of win. Again, they will sometimes face some big losses, at that time they will start gambling again on the basis of emotions, people are always weak in terms of their emotions, and this weakness in gambling is the cause of disaster for them. So always have to maintain self-control, control over emotions, and a strong mental structure, set a limit on the amount of money, use only that amount of money that you can lose. A beginner must definitely follow these kinds of things well.

Having years of experience doesn't really imply that the person has actually learnt from these years, besides it sound ridiculous to call someone a professional gambler knowing that he still make huge loses that if summed up it could be much higher than his wins. Professionals are not just those with years of experience, they are people with very little error in their field of specialty, that could be negligible but when it comes to gamble, we all have the same opportunity to make our selections, and it takes only luck for one to make a win from their selection. A gambler who just started gambling could make a huge win  whereas there are other gamblers with more than 2 years of gambling experience who haven't made such win before.

I like this, and in fact I used to do something similar when I played dice and it seemed to me that the 2% that I was always looking for seemed difficult to find, of course it had to do with my balance, but there really is a risk, sometimes by abusing that 2% I ended up losing everything, because in some way we concentrate so much on getting that that we neglect the rest, like the main money, I would say that managing well what we are going to spend is enough.

You are right that it sounds funny to those experienced gamblers that they have not yet won a large number of games and that luck has not caught up with them because of their experience even though they have shown themselves to be perfect at the gambling board for years. That is why it is funny that they cannot be sure of winning because of their experience and look to luck like inexperienced people.

There may be a tendency that people who have just started can win big even though they do not bet with such perfect care as experienced ones. They do not analyze before betting and do not know as much about the teams but they can still win.

What I believe is that experienced people are perfect in their analysis and can come very close to winning and even if they lose, they have satisfaction because they have tried to win their bets based on analysis and will want to win more strongly in the future and experience will help them reach unique heights.

I got that same mistake when trying to limit myself with such certain amount to use for gambling but due to aggressiveness I ended up losing more. There's situation where you exceed from the target limitations you just need to adjust and make sure not to fall with your frustration as the possible outcome to that is for you to add more money into your wallet and lose it again 😉

Making losses as gamblers do not mean that one do not know how to bet or gambling. It is very certain that you are going to make loses as gamblers but the sweet part is that you single winning will always supercede all entire loses which will make you profitable in a long run. I know how many times I have lost bets which that does not matter because there are times when I would be surprised of making huge profits I never expected. Which should always have the idea of using small bankroll to hit a huge one without staying too greedy. Greed has been one of the reason for many gamblers consistent loses which we ought to work on so we don't become disappointed in a long run.

It seems absolutely strange to me to set a goal for yourself to earn a certain amount of money in gambling. The thing is that gambling is very much dependent on luck and someone may be unlucky for a whole week and the person will practically wipe out his deposit this way, but then suddenly he will take and win the Jackpot.
Therefore, here we need to think in big categories. That is, I do not mean days, but at least weeks, and even better months, and set some kind of profit bar for the month, for example.

That’s very true.
I really can’t understand why gamblers often set such unrealistic expectations and goals when gambling like it’s one source of income or kind of business. And these expectations are often what influences the gambler’s attitude and decisions when gambling. You see a gambling expecting to hit a certain multiplier at the end of every gambling sessions, and if eventually he’s unable to hit exactly that target or something close to that, that day is seen as an unsuccessful day in gambling because their expectations were defeated. And for those who have not really mastered the act of self control, it may lead to making some decisions that may lead to more losses on a quest to hit their daily target.

Newbies win large not because they are lucky but rather because they are unburdened. Expect nothing. No sunk cost fallacy. No long memory. This is the same reason newbies in life, love, or business typically find good results: they are not sure how much is at risk yet. That does not make their win "better". It just makes it raw.

Experience gives you clarity, not guarantees. It creates this inner framework where, in fact, you know why even when you lose. You did not fall blindly. Your loss has a map and a reason. That’s peace. That represents maturity. Not merely trying to win, but keeping in the game long enough to feel the thing.

We view gambling as about results. Maybe it’s about how you lose, how much you understand your fall, and how fast you decide to stand up.

It is difficult to plan something in gambling, every month and every week there will be different results, there can be both winnings and losses, and greed will not help to influence this somehow. I do not think that if I bet more I could win more, it does not work like that, when you bet more you worry more about not losing, bets can be more careful, which means I can choose lower odds, this is also worse. You need to play according to your beliefs, and if you are not ready for big bets, then this is not greed, but caution, because it can save you from big losses.

One needs to play with caution, trusting one's gut feeling and also not doing any plans with the money one COULD win on the casino, assuming luck turns in our favor, there are no plans to be done until that money has reached our hands and we can do whatever we want with it.
Also, I think every gambler should be aware casinos rely very heavily on the sense of greed of gamblers in order for them to continue to play in the long term, which matter the most for the house edge to take effect.

If we can keep ourselves away from greed, we can stay away from gambling addiction. But is it possible to stay away from greed? I have not yet seen a person who is not greedy. So those of us who gamble regularly should stay within a limit and try to control ourselves. However, not everything can be within the limit and we cannot control ourselves. However, we have to keep trying. If we are not greedy, then gambling will not be harmful to us. We may lose some bets, but we will also be able to win.

Why even set a profit target at all? If you know that gambling is all about luck and you can't beat the house unless you are extremely lucky and stop gambling after getting some profit, you shouldn't risk more money than you can afford to lose, only to meet a profit target that you've set for yourself. Targets are set in things where you know you have control over the process, and the outcome can be in your favour if you do everything correctly, but in gambling, you don't have control over anything because the results are generated randomly, and you can only pray and hope that you stay lucky.

Those who believe they can make money from gambling are those who either don't understand how gambling works or are lying to themselves and ignoring the reality, even after knowing it. You can't knowingly put your money where you can't afford to lose it if you know there are more chances of you losing it than gaining anything from it.

Daily profit target? That's more like something that's for a daily gambler which is not a right thing to do as a gambler. We've spoken over and over again that trying to make gambling look like what you have control of will be one way of trucking yourself to a bad gambling practice which is going to lead to greater loss in the long run than wins.

We all know the effect of greed  for a gambler and how it can play out in instances as this. When you're winning, it always looks like you're always going to keep winning which will push you to continue going for it till you've finally run out of luck. The take is to manage effectively your extent of reactiveness to either your wins or loss so you're able to moderate things up for yourself.

That is why we should never consider the casino or Games as something or a profitable activity, because in some way we have that type of reactions, playing Aggressively , playing to do things better and then things don't work out, sometimes our mood can Worsen any situation and then we lose more money and we feel worse, that is why we should play in the casino when We feel Good.

It is true that most gamblers are greedy and they gamble in such a way that they can win but they lose because of being too greedy. The number of people betting for entertainment can be significant which I see most of the time in real life where people are betting on international sports events. You are right that we cannot control ourselves at all times so we should not be greedy for profit. We should try to get as much entertainment as we need to continue gambling.

Absolutely right, play whenver you are in a good mood to prevent your aggression to dominate, limit yourself and have that own will to stop if it's needed to stop, no exemption unless you are okay with exceeding sometimes and you are capable to let things go, but if you don't possess that kind of attitude better not  to push for it, as surely you'll find yourself keep repeating same mistake and may triggered more problem if you got addicted from chasing your losses.

I sometimes when I was playing dice , the only thing I did was play at all hours regardless of my mood, so in view of this I played however , if I was happy or upset, and normally things went wrong for me in both ways because I had no control and one of the big mistakes was to play aggressively too , what I learned from all this was that the bad thing was to play with a need for money, and with bad thoughts of anger, however by controlling that the results were at least better even if I lost.

Trying out to make yourself a gambler who do have that daily target is something that pertaining on making it as a job or lets say that you've been that optimistic that you can make it through or could pull it off towards gambling on which this is that impossible, not unless if you are extremely lucky then you might be able to pull it off but most of the time we are just that losers. When you do have that greed on which this is the usual case for most gamblers is that you've been that not able to find yourself not to think up well just because you've been that clouded up with your decisions and its true that this will be that totally killing out the real essence of gambling on which is to have fun just because you've been thinking up that much into the other way around just because you are expecting or anticipating for some profits or becoming that a winner in the end. When you are on a winning condition then all of those frustrations will be gone in instant and instead on making yourself that stop you do rather continue until you do bust it all.

There are just that those times or moment that you've been that becoming too greedy and thats why you do forgot on doing up with those basic approach when you do gamble. Its always been best that you do really need up to set up some limits at the time that you do gamble. You cant just that playing all the way without thinking up about on having that limits specially on the time that you have lost, and same goes with winning too on which it will be that relevant or much more that needed that you do really know on the actions you do take in order to avoid some unfortunate conditions. There are just that those times or moments that you do become that being too greedy on which you dont care up on what are the things that you do need up to do just because the primary thing that comes up into your mind is on how to make even more money.

It is true, when the mood is not good, then gamblers often lose control and rarely can come out with a win. My experience is no different from yours, losing money is a common thing, but no matter what, we always feel regretful in the end. A good gambling approach is to play without being too eager to get money, but these are just words that are difficult for us to practice properly.

Greed often creeps in when we still have a balance when we get a losing streak. We try to get back the money we lost before and chase the win, but this method is never really recommended because in the end we will only lose more. It is not uncommon for gamblers to lose a lot of money because of greed, but greed is very difficult to control in gambling.

The outcome still okay if you play the normal way, unlike when playing with the need of winning or with aggressions to win, that kind of attitude affects your session, adding to that is the fear of losing your money, those types of hesitation that can create another emotions that may triggered incorrect justifications of your actions, more on the side where discipline really needs to be a big part of your gambling activities to avoid losing your opportunities and enjoyment.

Setting targets are quite unrealistic to me and it makes you to desperate. This is gambling we are talking about, some people give themselves an outrageous daily target and when they don't get it they start chasing. Always remember that you are not in control of the game you are betting on, so having an amount of money that you must get is so unrealistic. Greed will always be there but it must be controlled

You're right, when we have money we feel that things can be easier for us and we play as if our balance will never run out A common and almost natural mistake is greed, which is why it is so important as humans to have control over this type of feelings , I control it with my strategy of only losing what I am willing to lose.

A gambler's psychological state plays a key role in influencing their decisions while playing, including managing their finances and even choosing bets. The more disturbed his psychological state, the more emotional their decisions will be. This means he may choose a bet that is too difficult or an odd bet that doesn't match the bet itself, or risk more than he can afford to lose.

When gambling is practiced as a way to pass the  free time, it requires a stable mood and a good feeling. Someone who gambles as a hobby will never consider gambling when they are in a bad mood.

This is what makes gambling sometimes more difficult than it seems on the surface because in this case gambling we are not only playing to lose and win but more than that where our mentality is clearly tested in every game we do so until now it is very difficult for most players who gamble when it comes to psychology because it is not uncommon for them to fail in that regard which makes gambling difficult to control which makes them lose their way and be played by gambling itself.

There are many examples where the negative impact that occurs as a result of gambling that is carried out which ultimately harms themselves just because they are unable to maintain their mentality properly whose initial intention of playing gambling for fun and releasing the burden actually makes them add to their own burden because they cannot maintain their mentality in gambling which ends with them losing control of their own gambling.

I agree, every situation we need to really decide the best for us, we shouldn't be reckless on every decision we make because the effect of it will be worst. Sometimes we really need to be contented on what we have becuase if we become greedier then it'll be more destructive to us especially those who can't self-control.

But if you really have a control to every situation, then only few mistakes on gambling can happen, that's why being practical is more preferred than being called "true gambler" which defines as who risk and throw money without risk management (According to some folks in this forum).

Greed is  what causes gambler's to become stingy so even if a gambler has a daily strategy and amount that is targeted for when once that target is met the process of quitting because difficult and in so doing the gambler ends up losing more so as gambler's we should do our best not to become greedy

Setting up daily or even monthly target in gambling will be good because in so doing one can streamline his gambling activities so greediness and winning in gambling has nothing in common

When you are in a normal mood and you are doing things accordingly there's only a small chance that you may encounter bad decision making, I mean if you are all set if what's the full intention then you'll just do it according to your plan but if you are not in a stable state and you have a swing mood from time to time, expect that being overexcited may trigger bad decision and countless mistakes, that will risk your finances and the time that you'll allocate for your gambling activities.

Greed is a bad assistant in any business, in gambling it is the same, although it is difficult for me to imagine how greed will manifest itself in gambling. It seems to me that greedy players will place minimum bets because they will be afraid to waste their money. I see a manifestation of greed when a person does not want to buy some new things for himself, because the old ones can still be worn, that is, greed is saving on everything, including gambling.

For me that is the key to what you Cannot do or ever have in mind , because when you are afraid of losing it is because you are doing something wrong or because you are really betting money that you should not risk, in short something in your funds must be wrong that makes you afraid of losing , since when you are a novice it is understandable that there is a little, but a normal player should not be afraid of losing money.

When doing gambling then you shouldnt be expecting something from it like having some winnings or sure win because this isnt how gambling works. On the time that you've been expecting something from it then this is where it will be that starting for you to become that desperate and once you do become desperate then this is where you do make out some actions on which arent supposed to be done in the first place specially when greed kicks in then it will be that so hard for you to stop midway and instead on securing yourself with some wins but you do end up on having those loses instead because you cant be able to determine on when to get out, but if you are just having some plans on trying out to have some fun then you wont be caring that much about on losing up those profits but eventually if we do speak about being worth or that much more ideal thing to be done then as much as possible when you do already have the chance on making profits with gambling, then it will be best that you do made out some immediate cash out and making it more worth like spending into something like buying tangible objects or making use into something that useful. It is just that a waste that you will be that putting up it again on the casino just because you wanted up for more fun but usually gamblers do messed up themselves just because they are that wanting for more profits and fun will be always on the second priority. Most of the time gamblers will be having this kind of mentality and its best that you do know on what you are doing and able to get out when its the right time. People do usually neglect this one out.

Greed takes every gambler to a situation where he cannot come back even if he tries. A greedy person is deceived in every way. Although in the case of gambling, many people equate excessive risk-taking with greed. When someone takes excessive risks, if he wins at that time, he is a risk-taker and if he loses, he is known as a greedy person. In the case of gambling, if someone bets more after a win and crosses his limit, then his risk-taking will definitely be considered greed. When aggressive gambling is conducted for another win after getting a win, greed must be at work in them. And because of greed, he will not succeed but will have to lose. Above all, if we can keep ourselves away from greed, then opportunities will definitely arise, otherwise those opportunities will be lost in every aspects.

Theirs people who have money but they don't gamble as if they have money, they will have a statistics of how they gamble so that they will not spend much in gambling, so that's what I us to understand

It's when people don't know the disadvantages of gambling, it's when they will gamble with all they have, so in gambling we need to understand some certain things, if you pack all you have to stake in gambling, you may win and you may also lose, this two things is involved in gambling, so that's why we need to understand that gambling is all about risks and nobody who understands gambling that bet as if the money in he or her possession can't finish.

Reminds me of the story of Terrance Watanabe who gambled away a family fortune though I have read he retains some of his wealth still.  He has been banned as a compulsive gambler and technically he isnt allowed to play with this condition though the law is unclear imo.

The point I would like to make that guy makes obvious is the riches he had into hundreds of millions did not help him.   Until he risks alot he cannot feel what I would feel gambling just hundreds or thousands, because my amount is too low and means nothing to his vast wealth so he feels nothing when playing that same amount.  He is cursed with riches in effect, start with this stance and losses become more likely imo.

  This is why I try to argue its bad practice to only play for money because you will defeat yourself chasing the feeling of this risk vs reward high you get from wins and worse still an addiction to even the losses.  This is what makes people poor to lose their rational standing and proper stance vs the game.
  To state this as greed is too blunt a description, its something else like the thrill of victory that modern life rarely provides.

I disagree, imagine you just walked into a casino and with your first bet you hit the jackpot. Ideally, you are already in a huge plus and should go away, taking your money, but you played only once, objectively you have not yet quenched your thirst to play, but at the same time, if you continue to play - you are greedy? I don't think so, greed is defined differently when you can't stop playing regardless of whether you win or lose after a long time.

Mmmm.. if that's how you look at it then it's going to be good as you wanted to save money, but most of the time greediness in gambling lead a gambler to lose their money as instead of taking your chance to win some from the casino you intend to play more, that's where greediness to win for more comes  up not the other way around.


A normal player that have allocatted budget for their gambling that they can afford to let go, those gamblers are not afraid since they know and they can accept whatever the outcome of their bets.

That logic works for me, although it can be misinterpreted by many, because when we say hobby for many it means that it should be done periodically or very frequently and a whole path to addiction arises , however if we call it in another way it may not cause many negative feelings , I know what you mean and that is what I like, I would like to have it as a hobby but for me in this situation I could not have a hobby like that, but at some point I will do it when I am stronger financially.

The "hobby" should be used as a way to quit gambling in most cases and greediness happens when we don't know what we are doing, we are not thinking clearly and the dopamine has gotten the best of us. I personally have quit gambling since early January of this year and I have never looked back, I mean slot machines as I still play sport betting and I have done so by going every time I feel the need or urge to play slot machines to go and play the demo mode of them, I try new slots all the time always in demo mode and not a single penny I have spent on slots anymore which has led to my wallet not being empty like it used to be when I used to play frequently slot machines.

Many will consider gambling not when they are in a bad mood but when they are in a bad financial situation, so it is exactly there that most gamblers should not venture into gambling.

Yes, and that's the point because they know they're guaranteed not to win, but by not being afraid the surprise of winning can arise and if they win it's Something they really didn't expect even though they wanted it, this sounds a little Strange but when Someone does an activity without fear it actually shows a lot of Mastery.

This is generally agreed upon in principle, but the situation varies from person to person depending on the free time they have and the budget they can allocate to spend it. Some people are able to spend $100 a day in an hour for entertainment, while another may only be able to spend $2. The problem, then, lies in the user's psychological state, which is linked to multiple factors such as social status, standard of living, and personal preferences.

My experience with gambling has never been as bad as the cases I see in real life, and I can confirm that the majority of people engage in heavy gambling, such that gambling becomes a symptom of a pathological condition (behavioral addiction).

Experienced gave them that kind of mentality knowing that while in this venue of entertainment risk is always behind, and to prevent losing a lot they need to have that acceptance inside them, Whatever might be the outcome as long as they fill that enjoyment it will be okay and they'll be able to quti their way, though it's much better quitting with some decent earnings and without that greed they'll be able to stop when they've got earnings out from their initial deposits.

frequent gambling doesn't always equate to addiction or getting closer to addiction. It's just that you have more free time where you can enjoy gambling. Of course, with the control over your bankroll and any other gambling related expenses. I don't see any problem with treating gambling as a hobby. The only problem I see is when you start spending more money outside of what you consider you can handle to lose. That, for me, is a sign of arising addiction.

You have made a very important point. Responsible gambling is not the ability to gamble occasionally. I see it as having self control over your gambling activities so that it doesn't affect your finance, relationship with family and tasks at work. A gambler who bets once occasionally with what he cannot afford to lose can be referred to as irresponsible.

But from my observation, frequent gambling could be a sign of gambling addiction. When people begin to spend a large portion of their productive time on gambling, it could be a sign that something is going wrong. But this is not always the case with some people.

Buddy you have to know that anything you're doing frequently, that can lead to be addicted on it, but people doesn't understand such scenario, what make people to be addicted in anything they're doing is a consistent gambling,  so that's what people fails to understand, when you understand the basic things about gambling you will know that your commitment matters, once you're addicted in the gambling it obviously mean that you are committed in the gambling and you can't skip a day without participating in gambling,  so what we have be doing on gambling is to make sure we have statistics of how we gambles.

Well, I've never played yet, but I know it can happen, to play a certain amount and, instead of giving up, want to go further... We know that this wouldn't be an addiction, but rather the beginning of a certain greed, where I would think: if I played and won, I can play more and win twice as much. Unfortunately, this is or will be the reality for some people. Instead of giving up, wanting to go beyond the unexpected.

Even with our daily targets the reasons for gambling shouldn't be fixed on making money out of it, cause it's the love of money that births greed and with more pressure and irresistible acts we go down to becoming addicted along the line. Imagine when you had the chance of catching out a huge sum and some games are still on play and then they offer you a catch out in between the game but cause of greed and love of money you refused and at the end you lost the huge sum, including the catch out offer. Let's be wise with gambling instead of it to outsmart us in most cases.

But addiction like you said can be controlled. If the player does not interfere with his hobbies and games do not affect finances and in general personal life, then let him play. If he has control over himself, he will not allow himself to lose his entire fortune. However, it is quite a thin line, because you may not notice how you started to play constantly, often losing and not realising it

So then tell us, what is it supposed to be thought of as in your opinion? Do you have other definitions for the word "hobby"? Do you mind sharing it with us? I know this is all of your problems though.
It depends on what your interest was on from the onset. Realistically, at least 90% of gamblers are up for the money. In a circumstance like that, yes you're just being greedy. When you talk about thirst for the game, what do you mean if it's not referring to the green tickets at the end??

When the player is still in control of all the aforementioned, then they are still just a regular normal gambler who maybe might be given too much time and be on their way to getting addicted.

Once a player gets addicted to gambling, it will be hard before they will think about bankroll management; talk more of maintaining their normal daily life activities and finances. They almost carry everything around them along to the addiction until they realise and start to make adjustments with the help from loved ones.

A common mentality when a gambler experienced winning their bets, the usual action that mostly been done is to push forward and seek for more, thinking that they can easily repeat that same outcome. Instead of quitting and enjoy the earnings that once being provided, they start being greedy and aim for more, then that's the part where engaging is something that will lead to keep playing to the point that everything will be lose back and nothing to think but only regret despite of the opportunity then it's been missed out.

That's surely true, human being are insatiable according to economics meaning that we always want to have more and more without thinking of the possibility of it being achieved or not . We only realize that it's not that easy when we lose repeatedly by trying multiple times. Greediness is the virus that manipulate the mindset of people to feel that they will win if they keep on trying. As a gambler the first thing to control is the act of greediness. If a gambler can control the act of greediness then they can gamble effectively and minimize the risk of losing frequently.

It is not always easy to have a full control of ourselves in time like this, winning booster our pride and confidence and when we get carried away and get over confident in ourselves it becomes a disaster, it is very funny how much we feel that we are very good at what we does whenever we have winning, we will apparently forgot that it was not mainly our skills that got us the winning and when we get mislead by this excitement that makes us feel we are too smart we ended Lossing the one we won and even more, I may not call it greed maybe something like lack of self control will be more appropriate.

By that you can mean anything, at the end of the day a person just might want to get that feeling, it's a dopamine pleasure and it's okay if they don't care about winning but don't care about the process. This is what differentiates an addicted player from an independent player who plays for the sake of playing, not winning. But even in the second case it can be controlled I think

Yes, there are many gamblers who become overconfident after one or two big wins, they think that their winning streak will continue, and with that attitude they gamble more. They cannot be satisfied with those one or two big wins, they need more wins!, and in the hope of winning more, they gamble more and they lose everything, Actually this is the appropriate consequence for their wrong activity, they were greedy and kept gambling for more wins, and as a result they lost everything. And the reality is that every gambler will always get this kind of result. if they cannot act according to reality, that is, gamble with a certain amount of money, stop when they lose, and when they get some wins, withdraw it for enjoyment etc. But if they are greedy and emotional, then the gambler's disaster is certain.

In Addition to that there is an overconfidence bias, were players claim responsibility for wins due to their skills and abilities, while the reason for losses is claimed to be Bad luck.

Excessive passion in gambling will always lead to losses, or rather they will alternate with wins, but more often there will be more losses and if you do not stop in time, it is not difficult to guess what this will lead to. Every time you win, you want more, maybe it is greed, maybe something else, but if you do not know how to stop in time, then it will be even more difficult to leave the winnings. Self-control is also important in gambling to control greed.

The gambling industry has existed for a huge amount of time because of three factors: greed and hope for big winnings by gamblers and the advantage of gambling platforms over gamblers. If the third factor cannot be influenced, the first two can be somehow controlled. If a gambler does not even try or does not know how to control his greed and hopes to win, he is bound to lose. This is inevitable, because this is what the gambling industry works on.

Another part of the problem is that the human psyche is highly consistent. Once a person develops a habit of gambling, they may, when faced with a difficult life situation, avoid dealing with the problem rather than looking for solutions. This avoidance often takes the form of excessive gambling and can be rationalized by the person as an “opportunity” for example, to make quick money or escape from stress.

One of the best reply because mostly peoples give long term diversification about things but never talk real time things which are killing while you are on win you are one of the best skilled and have good abilities but when you are on losing run it's always because you are unlucky.
No doubt many things happened in history which always encourage peoples to do things which can give them big wins in short time greed is always in human nature because greed keeps growing even you are having enough from your need.
Now due to media and then social media things are going on new level and peoples love to follow those have wins even all know it never works but greediness and desire for more never give comfortable and jumps in which ended in the worst then always crying bad luck kills.

So, is having a gambling habit still different from being addicted to gambling? Is that what you mean by this? It's not as if gambling has become a habit for us,
it's as if there is no difference from being addicted to gambling?

As for the matter of just a hobby, it's really possible to not be addicted to gambling if the only intention is to have fun
and have fun and not to get profit from gambling.

I've come to realized that there are times things would have been well planned for us to win playing a particular game as we gamble, but something all of a sudden may also struck out minds to have additional consideration on a particular game in other to make it all an additional opportunity for us.

But not knowing that such could just be the only reason to why we may lose the bet, because of been greedy, this same act of greediness can come in any form of we are not careful, we may not even noticed until everything turned what they are before we realized where the mistake comes.

And with that kind of thinking on which it will be mainly resulting into such disaster and if you arent that careful on taking up decisions like quitting or stopping for good then you would literally be doing this act at the time that you have seen yourself having no money that you can be able to play and this one will be that happening at the moment that you do made out such actions or simply this is inevitable. This is why it all matters with someones control if we do speak about moderation with your gambling activity. We wont be able to make that kind of break or stopping if we do still have that money specially if we are trying out to chase on what we have lost on which this one will that urge you to play further and on the moment that you are winning then you are also that trying out to chase up that further wins and its all on the same story and the results in the end.

It's just something that sometimes you can't escape no matter how good you are in controlling your emotions. Most times before we make wins, we might have told our self that if we hit a good target, we end it for the day. But the you may find yourself coming back to play again and this time it may not turn out to be so good as it was earlier. That's when our emotions come in. You then tell yourself that the next game might be it, and so the next until you loss all. We just need to able to hold our self strong sometimes to avoid such losses.

It takes courage only to learn from such a lesson. When you make this mistake the first time, you would feel regret and when another opportunity presents itself for you to correct yourself, you would still fall for your emotions and greed will set in again and would make you do same mistake again and again until you’re not able to gamble and find yourself in such situation or your mind decides to not take control over it again by yourself fighting it out early. Gambling is a game of contentment also, and when you get a win you should immediately take profits and leave for that day to come back and play again. When you allow greed to take control of you, you might lose all your profit and capital and will automatically mean you can’t get to play another day.

When gambling becomes a habit, even as a means of entertainment, there is a high likelihood that intense gambling will eventually become an addiction. This is a common and well-known pattern, to which many users become victims.

When there is no conscious awareness, any habit can turn into a malicious and harmful behavior. This pattern is particularly noticeable among those with behavioral addictions. Unfortunately, most of the income generated by gambling platforms comes from those who easily become addicted to gambling, without realizing they are a pathological addict.

The truth is that I am very happy and I congratulate you for what you are achieving, if you have managed to have your money to use on more useful and necessary things that is a triumph, how are you doing it seems excellent to me, I am sure that when you decide to play again you will do it with more wisdom when using your money, my recommendation is the same, greatly limit your risk and be willing to lose when you do it because for me it is the smartest way to play and have the necessary discipline to fulfill your game plan.

And it will be a smooth process when you have that kind of mentality while in sessions, as long as you have that limitation and you are capable keeping that same focus each execution will keep you in-play, greed is always around its an instinct if you let it dominate you then chances you'll might lose a lot, but if you know how to play smartly then gambling will be as part of your entertainment and you have that wisdom to stop whenever you needed.

Its important to stay flexible and less rigid able to avoid mistakes whenever possible.   Greed would be a fault because it forces your hand to play when you dont need to, take risks when you dont need to and continue to gamble when you already played enough.   A bad habit in that case when we should focus on the good habits like taking profits to walk away with so we can win no matter the latest games ending in a win or loss directly.

So that's a big advantage you had, I didn't have it, practically what I learned about the casino was through trial and error, I made all the mistakes when I was a novice, I ran out of money, well a series of things, I never became addicted because I have a family to support and that was what really didn't let me go any further, however there are people who don't give it importance and give in to addiction, when I entered the forum and read all the advice I realized that I made all those mistakes, after that I learned a lot more, greed was undoubtedly one of the feelings I had the most, it wasn't easy to learn, but now I play in a controlled manner.

The main problem of gambling is greed, greed is not just the problem of gambling but, In every sector, even in your personal life. When ever greed plays out in any place there is bound to be problem.

Gambling is supposed to be done with your spare money and for the fun of it, but most times people because of greed will want to use $20 to get $900000 like how?  How on earth do you think that, will work out. Greed is a major concern for gamblers and if it is tackled, I think more gamblers will be profitable.

By the way, having a family doesn't mean you can't become an addict. Many, if not most, addicts have families, and often the financial pressures of family needs are the motivation for gambling in the hope of making a quick, easy profit. Meanwhile, there are players who don't have families and never become addicted. The matter is the individual's ability to fulfill their responsibilities, whether with or without a family. Gambling addicts are often unproductive and lack anything of value, including skills, experience, and expertise.

Personally, I've learned a lot about the gambling industry through the forum here because the discussions are very rich, and even non-gamblers can gain valuable insights into this industry, which has greatly helped the crypto sector reach the popularity it enjoys today.

Gambling addiction is linked to greed and it's all psychological..and like you said when they start to avoid dealing with their problems it becomes an issue..some people turn to Gambling when they are stressed or mentally depressed, they try to use it as an escape from their situation but the problem only gets worse instead of getting better..when it becomes a dependency issue it gets worse.

Controlling your emotions has nothing to do with greed which has been the major problem of many gamblers. We all want to make money from. Placing different bets but this might not be easy to accomplish especially when you look at the game factor, timing and amount we are using to bet. Greed will make us to want to gamble more even after making some profits from betting. Greed can make us lose everything in a matter of time. We don't have to joke with that spirit that keeps telling us to gamble more if we want to make more money from betting. The best strategy is to gamble less and use amount we can afford to lose if things go the opposite direction.

A bad habit that leads your way to a too much engagements, gambling without cautions creates addicitions and because of such greed inside you, chances that you'll misslook opportunities that being provided, instead of using that luck that came across you choose to push for more and aim to win more, something that challenge your control over your decision making, and then again if greeds dominates it can results to a bad decision making.

Are you saying that I should also collect statistics? What else? I don't feel like doing that at all. It's some kind of obligation. I came to play, not to collect data. It's definitely not about entertainment and relaxation. This is clearly not for me. What kind of nonsense is this? Additional work that is not paid. So for me personally, I don't see any point in it. This already resembles a more professional approach. But what is the point of it when you are just spinning the slots?

Well I call it "handbrake", each one of us has a handbrake that allows us to Reflect and see that things are much more dangerous if we go over a certain limit, in my case my sense of Responsibility with my family and especially with my children is very great, and just thinking that one of my children is going to go through hardships is something that I could not forgive myself, because even if I had to break my back to give them what they deserve or what would make them happy, but letting them deliberately spend the funds for their expenses on a casino game is something childish to me , those who do not have a family will have their "handbrake" that tells them: Up to here.

Yes, I agree with you about the emerging addiction, when you start to ignore discipline and spend more than planned. I fell into exactly this trap many years ago. And why? No, not only because I spent more, but because I was not at all aware of myself and my actions. In addition, under the influence of alcohol, I went to such establishments at that time, and this was not the best option. I did not want to leave the casino. Only concentration on the game and excitement. At such moments I lost the most money.

Well said.
Rather, I would say in this case that gambling addiction does not occur until a gambler exceeds the extreme level of greed. And at the same time, I will also say that someone who is not greedy will never be addicted.

If we imagine a little, then such a situation can be seen in almost everyone that many times we cannot stop our wager due to greed. This happened to me yesterday too. I had set a certain amount for wagering but when I saw that I was not winning, I spent double the amount even though the amount was very small. But this was only due to losing control over my own greed. And this is why I think that if you don't want to become addicted to gambling, you first have to control your greed.

What if you had a family you loved and at the same time had a huge budget with which you are free to do whatever you want? That means gambling with large sums of money wouldn't affect your family's budget. Would you really do that? As I understand from your reply that you'd be embarrassed to spend money gambling when a family member might need it. But would you accept gambling so intensively that it near to addictive behavior if you had enough money? This is an important question because when we say that family obligations prevent us from gambling excessively, this means, firstly, that those without a family are more likely to become addicted, which I don't believe is true by all means. Secondly, for you, family obligations are primarily financial, forgetting that the time spent gambling can be more valuable than money to your family members who want and need to spend time with you.

These are not personal questions; I'm discussing ideas with you from several perspectives. I hope you accept some criticism in the context, and rest assured that it's nothing personal, and I greatly respect your ideas.

Simple for my hobby and an activity that is done in free time or "leisure", in my case it applies, because I work all day, almost since the morning and sometimes I have to do some work at night, fulfill my primary family obligations such as shopping, paying services, looking for the market, going out to get what is necessary for my children, and at some point I have some free time, there I decide whether to play for a while controlling my money (obviously spending the money that I am willing to lose) and then I decide to go do another type of activity, when there are obligations and people who depend on you it is much stronger than greed.

It’s hard for me to judge greed in gambling. Greed itself is generally a bad quality in a person, and most likely it will be harmful in all areas of their life. However, it could actually work in a gambler’s favor if, for example they’re too greedy to make a big bet. From this perspective, greed might even save them, because in my understanding, greed is when a person is stingy in everything and is able to limit their desires because of it.

To control greed in gambling even with a lot of experience is a difficult task. Sometimes even deposit limits and win limits that I set before the start of a gambling session do not help. At some point greed is so strong that it seems that the mind for some time is turned off and realize this only when you see that the deposit is completely exhausted. I'm trying to fight greed throughout the entire time of gambling and to be honest to a complete victory over greed is apparently very far away.

Yes, controlling greed is a very difficult thing, and greed is more or less present in everyone, but I think there is another thing before greed, which is your intention, what you want and why you gambling, and the kind of work you do, you will get the results according to it. Keep your intention right, gamble only for fun, then you will have more power to control your greed. Although controlling greed is difficult, it is never impossible, you just need willpower.

Unfortunately, each of us can remember a moment when we did something that we later felt ashamed of for our gambling behavior, usually it is excessive greed. When we simply cannot stop, we play more and more, although the winnings have already exceeded all our wildest expectations, but we want more and more.
And when I read the advice of guys who advise writing down a number on a piece of paper after which we will stop gambling, then this idea no longer seems so to me.

Addicted gamblers experience this a lot, if they have a small amount of money they utilize it but when they receive a large sum of money the only thing that comes to their mind is how they can multiply the money to probably solve some financial problems they have. But the same thing keeps on happening because they gamble wrecklessly not thinking about what would happen if they lose it all.

Greed is one thing that makes gambler's to lose the more with regrets as greed will blind fold the eyes of many gambler's and make the wrong decision about gambling there are gamblers who is so blind folded by the greed of winning money that most times they don't even sit down to evaluate the consequences of their actions as the more they play the more they expose themselves to the traps of gambling.



Greed is one thing that we as gamblers really need to check mate and put under control if we are to make headways going forward because a greedy mindset doesn't evaluate the consequences of their actions but is blindfolded with what he tends to get at the end of the day

They don't care as what they wanted is just  to push and keep gaming, it's greeds that lead them to think that luck will not stop and will let them win, they don't have any limitation till they lose back again and start adding money to their bankroll, without control and discipline greed will continue to keep you inside gambling unlike with those who can limit their gambling activities they can wisely quit when they already got something decent.

No, I was ashamed of myself not because of greed. I didn't care. I brought a lot of suffering to my loved ones, who believed in me and hoped that I would never act in a way that would turn into a big disaster for everyone. Well, I didn't think about it then. I was young and very stupid. I should have learned from the mistakes of others, but I didn't even want to think about it. Wild and frivolous thoughts swarmed in my head. It never came to such deep reflections. It only came with the years, when you become not only older, but also wiser.

It is much better to simply keep in mind those economic goals that we are trying to achieve in betting or gambling. They will serve as that very finish line that will stop us and we will be able to stop gambling.
We are all adults. I think it is very strange to write down some numbers on a piece of paper, because you need to have complete self-control over yourself and only then you can achieve success in gambling or betting, and I am sure that the money management that we keep inside ourselves is enough to do without third-party methods that will help you stop in a gambling online session and go do other things.

Of course, of course I accept those questions For me it's simple: if I had a really big budget, I would play normally under the same conditions, without going overboard, The reason is simple if I play too hard, I'll lose a lot of money, and that would hurt me a lot, The money could be used for other purposes , such as investment, and in that case, I'd like to help people find work or something like that.

i will agree with you on this because i have experienced it before. although i am not an addicted gambler but sometime ago, when i have little amount on my gambling app i stake less  to avoid losing the little i have as bankroll, but when i have a lot of fund in my gambling app i gamble or stake high, hoping to double my amount but i even lose faster than expected even though i may stake high amount with 2-3odd. i have to follow up the old strategy which is to stake less even if the bankroll is high.

It is not possible to say whether gambling or bet will ever make economically self -sufficient. However, it is possible to say that most of the time the gamblers weaken economically. If a real younger then a lot can be possible by him. For example, he will never be able to come back even after losing money, and he will do the same again later. However, a big win may be. But greed will never handle and because of greed, some have lost everything again. Even if a number is written, I do not think that greed will be able to cope with greed.

However, we should take care of the amount of money we have to deal with with the amount of money or betting on our greed. Then our family and we can be economically self -sufficient. So no one should be addicted to gambling or betting.

Sorry for what happened to you. Truly, gambling can become a disaster in our lives if we do not control it properly. I have been in the same position as you, and I never thought I would regret it all in the end. At first, it was fun because you were winning, and it's a strategy that most online casinos use. Then, as you keep on playing, it becomes harder and harder to win. It came to a point where I would lose a big chunk of my salary, and it became stressful. The good part is I learned from my mistakes, and now I am better at handling my budget and for my family's necessities. All we can do is move on, even though the nightmares will still come.

This is nothing new bro, greed is one major thing that is like a silent killer of opportunities, because it's not just tied only to gambling, in trading and even in our daily lives, greediness has destroyed so many lives, so that's makes me come to the conclusion that before the fall  or failings of any man sets in, greed will have likely sets in before then, and it's mostly the brain behind the stupid and reckless decisions taken, so what am trying to say is that, I know that everyone has their own level of greed, but having it excess  is not a good thing, because in gambling and even in trading, a winning position can easily turn to a losing position if you don't walk away early, when you are still in a winning position.

I think that I have gotten a taste of it countless times when trading, where I will be in a winning position, instead of me to walk away with my profit, I will be wanting more, and in the process of wanting more, I will finally close the position on a few losses when it's now obvious that the market has turned, so greed is never a good thing.

Good enough that you only made mentioned of addicted gamblers because they are the ones that are found guilty of such actions, that not just being the case they are always manipulated in different circumstances such the one you ha mentioned, when they have they opportunity to win they get over confidence and loss more, when they lose on a marathon they fight and chase losses and even get to the extend of borrowing to gamble until they become overly exhausted and overwhelmed, it is important as gamblers to completely become tin total controls of any the diverse states we find ourselves, whether we have large amounts of money, when we are in winning or in losing.

If you have a large bankroll, it's normal that you want to place bigger bets. The problem is that many people get too carried away with it and stop controlling the bet size relative to the bankroll size. I think that for relatively safe gambling, the bet size should be 100 or even 200 times smaller than the deposit.

Pretty much a conservative strategy, specifically if you literally bet a 0,01% of your deposit at the time. Just to put it in perspective if someone does a deposit of one hundred dollars, that would mean that gambler is only supposed to bet 1$ at the time and in the worst case scenario (having as much bad luck as they can get), he would only have one hundred bets before running out of money...
It is a good strategy if what you are looking for is to extend the time of fun within the casino, but anyone with such tight management of bankroll is never supposed to be on the expectation of winning important amounts of money and walk out the casino with a good quantity. Unless they completely ignore such recommendation and move onto betting up to 20% of their deposit or even more in a single time.

In the end, it depends on how greedy or seeking for pure fun we are.

You are also right that when a person have the extreme level of Greed and gambling addiction then in that cases it might also couldn't help even if said deposit limit and as well the win limits.  However, what I want to emphasize here is that it is not enough to just set a limit, we have to carry out activities according to this limit, otherwise there is no point in having this type of strategy.

And if you feel that you are not being controlled or enforced in any way, then I will tell you that you have an extreme level of addiction. You will need rehabilitation, so you should seek counseling with a professional.

I agree with you, just setting limits is not enough, you have to completely confine yourself within these limits, you set a limit and then break it immediately "if you lose your money" then what was the need for limits? If you cannot follow it properly.
But it is true that the only reason why most gamblers break their limits is greed and emotion, greed and emotion do not allow a gambler to stop at the right time, due to greed a gambler will always behave addictively. So first of all, you have to change your mindset, a gambler should always gamble with a positive mindset of accepting losses. In any case, you have to keep your attitude good, be satisfied with little and stop at the right time.

yes well that is the basis, you can't bet so much above your availability, for me it is equally important to give yourself a weekly budget, or even a daily one in cases where you bet too much, you have to be sure not to lose all your money

You are absolutely right, gambling more often doesn't actually mean that you are addicted. When makes a gambler addicted is how he handles his wins or losses, this also includes the amount being used up for gambling. There are People that gamble regularly but what they lose isn't really a significant amount. How frequently you gamble doesn't matter, what does is how you are able to gamble responsibly

It is the reality of the majority; they bet more once they win. While we have the greed inside, quitting could never be in our minds, but we force ourselves.

Many gamblers miss the chance because of their gambling approaches. It is no wonder that gamblers often lose because it is not just about being lucky, but also about our gambling behavior. If we know how to feel content with small wins, we also enjoy gambling. Unfortunately, what is in our mind is more about chasing, which leads to pressure and dissatisfaction.

And if you can't control yourself, what should you do in that case? Not all of us are given the ability to control our emotions with a wave of a magic wand. It all sounds good in theory, but in real life everything is completely different. I myself had to deal with this. And I don't see anything wrong with the fact that I experience emotions when gambling. On the contrary, I came to play for these feelings and enjoy the moment.

Gambling behavior and discipline gave you chance to earned and enjoy, while with greed that opportunities mostly being missed, though there are wise and contented gamblers who can make a hard stop when they feel that they've got something decent, instead of pushing for more they will value that chance to earned and enjoy bringing the money out and treat it as success for their gambling sessions.

Control your emotion and make sure that having a good set of limitation may help not to over exceed but execute discipline to both acquire enjoyment and profits.

Sounds easy to do when you never had such money. Once you have it, it becomes much different. Otherwise we would never have examples of people who incurred massive losses. Being a gambler prior to acquiring a lot of money gives you a large disadvantage in this topic.


Yes, this is the most common scenario or they waste it on terrible purchases and expensive products and services. How many people does anyone know that has won big in gambling, then made correct decisions and retained or expanded their newly acquired wealth?

Yes, and a few days ago I was thinking about this topic, precisely on this topic, before going to sleep I don't know why this topic came to mind, but I think it's because of the desire to help people and I said to myself, well, if what you said happens to a person, who wins big, instead of thinking about multiplying it by the same game, the person should have broad knowledge about financial education, I mean investments, and things like that, why? because when you have money the safest way is to invest it, but either in betting or casinos, so reading a book about investments, real estate wouldn't be bad because I consider that if you do that, it not only fights the addiction but also generates a different way of thinking.

Actually we can be able to control it out if we wanted to, it is just that there are those individuals who are that being that too greedy or simply cant be able to control themselves on playing even more. Actually we do have that kind of capability on stopping if we wanted to. It is just that totally depending on a certain individual on how he had been wary about into the things that he had been engaging into. There are certain conditions on which it turned out that you've been that too optimistic about on dealing up with things without even trying out to realize that you had been that doing excessively on which it shouldnt be done in the first place. Play for fun and not for the money and this is how you should be finding yourself that trying out to deal up with it, because on the time that you've been thriving out to make some income with it then you would definitely be that failing in the first place. There are just that those moments that you cant be able to control your emotion and thats why they do failed on doing so because of having no control over it.

If you have that opportunities and enough time to learn then better to go that way, gambling is a venue for entertainment but most of the time gamblers who fall into greed forget about it and they messed with the chance that they've got when still in the winning streaks instead of quitting out and use their money for investment or any other things that supposedly permits them to bring out, but because of greed they push for more and intend to win more instead of quitting while still have the chance.

That's what I want to say, Because adopting a strategy does not mean that you are successful unless you continue your activities according to the strategy, you will not be successful.
And in the case of gambling, this is the same thing. When you set a specific budget and a specific win limit and gamble, you have to gamble keeping that in mind, otherwise adopting any strategy in any case will not be of any use.