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When it comes to Gambling I have seen different people come up with different strategies and plan with a bid to become better and more successful. One of such things is that, some Gambler's sometimes set a winning target for themselves that, they are going to win, and so they keep on going Gambling trying to hit the target that, they have set up for themselves .This type of idea may sound good and nice when it comes to gambling but I have found out that it's actually a death trap in Gambling that Gambler's set up for themselves.

Trying to set up a winning target while Gambling is something that should not be done because, winning in Gambling is not Guaranteed and doing so is putting  unnecessary pressure on one self which will lead to such an individual losing more money in the process and in severe cases this can also lead to addiction in Gambling. Because, your trying to chase shadows and what is not realizable knowing that winning in Gambling is luck base. Gambler's should desist from setting Winning target in Gambling because it's not a healthy Gambling habit

Dangers of setting Targets for yourself.

Creates unrealistic expectations.
Encourages riskier behavior.
Leads to chasing wins.Gives a false sense of control.
Can turn wins into losses.
Shifts focus from entertainment to profit

If I can understand you do you mean someone shouldn't predict his games and check very will before enbacking on the journey of gambling?
Because to me before you win a game you will definitely draw many map stats to make your journey on casino sufficient and successful,we know that gambling is luck ,but that doesn't mean you will not check your games very well ,well arrange Before you go on ,you must predict your games very well before you can go to bet ...
Not just wake and go to bet shop or use your phone ,you start pick rubbish say at all is luck NO
You have to cool down and do the selections please.

Absolutely right point. This is a well known bias in psychology. Probably this is also the reason for many gamblers to can't achieve any profit.
Plus some bookmakers are forcing players to place bets with big multiplier. of course the winning will be high but meanwhile this could lead to a streak of losses.
Most of players will continue to play "until they are lucky" without really understanding that any profit could vanish in seconds...

Winning target is bad because there is no guarantee we will ever reach that point. But setting a target is good, like if I won this amount then I will stop the session and enjoy the rewards all by myself while most don't realize the importance of this point and failed to stop even when they are winning and starts losing back again.

As a gambler that really want to gamble responsible, and don't want to get addicted in any way, before setting out to gamble, you must take it that the money you are about to gamble with will be lost since the possibility of you losing is very high, so setting a winning target while gambling is a very bad practice because you might be reluctant to move on after losing everything on you, and because you have not met your target and you have lost all that you have, you might even borrow money or go beyond your capability just to gamble the more, thinking that you can recover your losses or even meet  your winning target.
 So it's not an healthy practice since it's going to start making you see gambling as a means of making money, and by so doing, you might get addicted in the process.

You raised a very important point because, setting a winning target while Gambling is one thing that Gamblers should not do. As doing so is not in the best interest of the Gamblers because if you don't get your target you continue to gamble losing money in the process. So setting up unnecessary targets should be discouraged as it has some negative effects on the person moving forward.you will find out that you have lost more while trying to get your winning target.

Personally, I think it depends on the person and how they will handle targeting, because I really enjoy setting a target, such as having a capital of $100. I reached $120, but I would stop, except I have a stop-loss level, such as $80, and then I would continue the next day.

In as much as setting a winning target is bad and could put any gambler under unnecessary pressure, anyone who really wants to challenge themselves in it can set themselves up on a budget limit, like allocating an X amount to use it to achieve a Y amount, and if it's not achieved, they count it as a loss and go back to regular gambling. That way, they won't spend more than an amount they try to hit as a target chasing losses. It could be considered healthy, but it will still shift them from seeing gambling as an entertainment tool to profit-orientated.

I don’t understand why one cannot set a target because to me, one who doesn’t sets a target is like an heedless person who doesn’t have direction yes I agree that if the target is actually so unnecessary or way too ambitious it is not good for a trader as it will only make them to be greedy and this can lead to more losses, but let’s be realistic here if a gambler doesn’t have target then he doesn’t also have good knowledge of what to gamble with.

The two key things in gambling like we have in trading is to first simply make a decision of how much you actually can afford to lose if that is sorted then it is usually best to have a target you would want to take profit at and this two guides you better than not having a target at all

Setting wining target is a very deadly trap that may drain your bankroll and you may never get what you seek in return, it will make you keep gambling even though you don't want to gamble again. There are things you can set target and succeed but not in Gambling. You can decide to save money and decide on when to call it a quit and withdraw, or you could also have a running ticket which has a cashout option and you decide when to cash it out if you see that it may not go as planned, but not when you are betting or gambling and you are not sure of your winning, and you are deciding on when to stop. What if you aim at wining $100 before you stop today, and it happens that you gamble from morning till evening and you haven't been able to win that $100 but have lost $500 chasing $100, isn't it stupidity? Some things are better not said because that is stupidity in the highest order.

Gambling with target to which someone will win is very dangerous and you are absolutely correct  because setting this target will make us to gamble even when we are not suppose to... and the moment we are doing this we are putting our live at risk because we can turn an addict easily and I think this is the reason why we have so many addict today because of those ( setting target),  we don't need to set target on something that has to do with luck because that target will always move us to do things like abnormal people.

Yeah, setting up a target must be a self-trapping and it is completely contradicting with the basic purpose of gambling. I mean, gambling is here for entertaining us. If you deviate from that purpose and seeking monetary benefit and that too with a target, might lead you to be trapped and will not let you enjoy the moments of gambling. Gambling is for excitements but if you target for other than excitement then you are ruining all your gambling experience.

Yeah, gambling may trick you by showing false hopes of being lucky. Unfortunately these false hopes led gamblers up to a level of setting up target and then get trapped eventually.

But, a greedy gambler never settle down with their first target. Gambling is knowns for triggering your imbalance of your emotions.

Any expectation with gambling will impact the gambler negatively. I feel like, all these are just because of not realizing the core purpose of gambling. Once gamblers realize that gambling is only for fun, gamblers will not mess up themselves with unnecessary things.

There's really nothing wrong with setting a target as long as your target is realistic and you do it responsibly. For example, your win target is to double or make half of your funds, It is a realistic target, you bet the way you usually do, stop if your funds run out, feel like it is not going to work out or if you finally hit the target you have set. You have a point that setting a target could create unrealistic expectations, but that would only happen if you create an unrealistic target.

It depends on the gambler how he manages this target and gambles. I think gambling with a winning target would be very dangerous, and it might not be understood at first, but when it is used, the results will be bad. Because there is a lot of risk involved and the risk created when the gambler keeps losing will make him more aggressive in order to win back the lost money and achieve the target. Gambling addiction does not develop overnight, there are many reasons for it and it also depends a lot on how the gambler uses gambling.

The safest way to gamble is to allocate a portion of a person's discretionary income for gambling and in this case he should make a commitment that "if he loses the money allocated in gambling, he will not gamble again". That is, there will be a certain amount of money allocated for gambling throughout the month, beyond which a gambler will not gamble. In this way, if a gambler gambles, the harmful effects of gambling will not affect him as much. But the sad thing is that when a gambler starts gambling, he may initially start gambling with discretionary income, but if he loses it, the gambling fund comes in and accumulates additional money, and the gambler fails to meet his initial needs. In fact, a responsible gambler always tries to continue gambling according to the previously planned plan.

Even so, many people still do it, they can determine victory, but the most important thing is to determine the capital that they are ready to lose, victory is a feeling of self-satisfaction, many people are tempted when they have reached their target and are lulled into continuing the game which leads to greed.

Target should be always the amount of money you can afford to lose. If you are ready to lose 100$, stop once you have reached the mark. At same time, there must be also a winning target, like for an example, if I win 50$ before losing those 100$ which I can afford risking, I quit for good as well.

This way, you can quit in two different scenarios: once you lose your bankroll destined to gambling or once you win an amount of money you consider to be decent for the gambling session of the day. In both cases you will be fine, because you have a plan, and this plan is based on a security margin which aims protecting you from unnecessary losses or losses you can't afford.

I don't set targets when gambling because I know that it can lead to chasing losses and I see this as a delusional thing to do. Setting a target means that you are certain of winning and that's something that is impossible when it comes to gambling. Instead of setting a target it's better to set limits, it doing this you know that there are lines you wouldn't cross to ensure you maintain discipline

I agree with everything that is in the OP. Setting a target to win when gambling is a way to empty your bankroll on a session because you will keep playing with the mindset that you must be on profit irrespective of your losses. Gambling has a big consequences if you're gambling regularly in order to hit your target because you are not in control of the game.

You are correct in the items listed which are connected to setting winning target. Unfortunately we all set targets, at least flexible targets that we aim to get close to before we stop for the day or feel satisfied that we have won. The one that is most dangerous is setting a fixed target and chasing such target with desperation which can make the player add more games to achieve high odds, chase losses and forget to play when in serious losing streak. It is better not to set targets in gambling.

Nope, you are talking about irresponsible gambling.  Setting target is ok when gambling.  Actually it should be done.  What should not be done is setting unrealistic gain.  Setting a target in gambling enables one to control his game, his expenses, and his time. 

@OP is generalizing everything when we should be clear and pinpoint what should not be done that will affect our gambling engagement negatively. We also must know the difference between a realistic target and an unrealistic target.  If we gamble without any realistic plan or target in place, we will continue to gamble until we don't have any more to gamble.  That is the problem with gambling without any realistic winning target.


This is wrong and biasedly laid out.  A responsible gambler will always have a plan and set a realistic goal or profit in mind.  Setting a realistic target does not encourage a riskier behavior in fact they are more cautious since people don't want to mess up their target in one wrong move.

I do not find shifting entertainment to profit a problem, why not enjoy the game and have profit this is not bad. IMO.

In short @OP is laying out an irresponsible gambling engagement with unrealistic winning setup so this is not generally correct for responsible gamblers who set realistic gain.

Too much expectation from gambling is not good, and in doing this, you may just be setting a trap for yourself unknowingly. A winning target and having high expectations in gambling will only make you have high hopes, which will lead you to gamble with too much money because you already have a target that you think you will win.

Another negative aspect of having a target in gambling is that it can cause you to become emotional when you do not get what you expect. Gambling is a game that can't be predicted; it makes much more sense to play without expecting too much based on the nature of gambling.

"False hope" must be a reason for why gamblers go up to a level of setting up targets for their gambling. Experienced Gamblers will never get misled by such things. Once gamblers experience the true and bitter side of gambling, they will start viewing gambling in a new perspective like you mentioned, they will start treating gambling for entertainment purposes only and not for seeking income from that.

Personally I gamble for time-pass because it is giving me more exactment than watching a thriller movie, once I started experiencing this exactment, I feel like it is worth spending some money rather than spending for other entertainments like netflix subscription etc.

Any gambler that set a winning target might lose them all. So it is better for the gambler to accept whatever he got and not to set a specific amount to win. If there is a way the gambler can participate ( actively involved in the gambling process like the video games we played in PC or Mobile phones), but in the online casinos are programmed for the house to win in every 3 games played so it would be difficult for a player to place a target to win.
Gambling is not a career where someone a living with it but one can win unregular amount daily and weekly but not the targeted amount.

That would not be a smart move if you are already setting the amount to win because you can never guess the exact winning amount, that is, if you will really win that game. Better target your budget allocation for the session as it is easier to set the limit, rather than target the winning amount. If you do such target- you will only make yourself get into trouble especially if you are playing with your borrowed money. Most of the time, those who took a loan has such serious target. Because they have the goal to return at a specific period of time, and if not, there will be interest and other repercussions for what they loaned.

Simply put, setting a win target when gambling can potentially lead to addiction. It is better for you to set a target amount of loss because it is much more reasonable, if you have spent an amount of money that you can tolerate then it is time to stop for a while.
Some people may have had the luck to achieve consecutive big wins, but don't expect or believe you'll achieve the same. The higher your winning target, the larger the capital you'll need to prepare for betting.
Maybe in bets that involve skill your chances of winning are slightly higher, but still that does not guarantee that you will succeed in achieving the expected win.

You can setup a profit target as way to have a brake when you are winning. It’s not a goal that you need to achieved when you are gambling rather just for the stop when you finally in profit which is very common mistake of gambler for not stopping despite being on profit already.

Setting up target profit should be partnered to stop loss so that user will stop whichever comes first or if he is not already enjoying gambling.

It’s not a bad idea to have a target profit if they will not forced their gambling to hit it. It commonly just use as a brake rather than a goal that needs to achieved.

There are some persons who are also gamblers that are used to setting targets for themselves in other aspects and areas of their life and then they've carried that behavior and attitude to gambling, setting unrealistic winning targets for themselves while they gamble. While it is a behavior or character that is commendable on other areas of their life as it can spur motivation, it is highly dangerous for gambling an activity that is filled in uncertainty and meant for fun. It is best to gamble without expectations and just focus on entertainment because gambling especially when you play a game based on luck can have an outcome that you do not plan no matter how much you try to control the variables. Setting expectations for gambling will surely lead to certain disappointment.

How is that even possible to set a wining target in a game that we barely win? Those that think of setting wining target in gamble are just being delusional or maybe they have not find out that gambling is just a luck based game. I remembered telling a friend that gambling is a lucky game but he insisted and Said that gambling is fixed that once he discovered the key that  he would definitely hit big in gamble, This believe made him to keep gambling without stopping and after making several attempt he later came back to say that he was mistaken gambling for another thing. So what I'm trying to say in ensence is that wining target does not work in gamble unless you want to loss everything you have by hoping that some day you will hit that amount of money you're planning to get.

Setting targets in gambling can be very dangerous, it isn't an investment or a form of trading do I see no reason why one should set a target while gambling, this can make you chase profits and also chase losses...The dangers of doing this are quite enormous, its better to just gamble for fun and reduce your expectations than to set unrealistic goals for yourself, this would only lead to disappointments in the end

It’s not a delusional if you are gambling frequently. Also there’s a game that you need to setup a profit target such as limbo and crash  to exit properly on the game.

Setting up target profit is only bad on this case because OP specifically branded it as users forced to reach the target profit on his game but not all user use it that way because it can be just an optional target in case of winning.

It’s truly absurd to force your gambling just to reach a specific profit amount / percentage.

Yeah, I agree that gamblers going for setting a winning target only because of not realizing the real purpose of gambling. When you are approaching something with wrong purposes, obviously you will set u wrong targets and will get trapped in the end for sure. I am seeing that lots of gamblers are still gambling for a living but not sure how long they can sustain as the gamblers with wrong motive.

When gambling is not supporting us on making money, I am not getting the point of setting up targets. I do see that setting up target as an immature way of gambling. Even with sportsbetting we should not set up any target because we do not have all the control over the final outcome of a game. This is why sportsbetting is type of gambling and sportsbetting also should be done for enhancing the excitement of watching games.

Your totally on point profits in gambling is not guaranteed and setting goals that you want to get to is just being delusional. Setting goals is meant for guaranteed profit or payments like jobs or businesses and not gambling.

If one sets goals in gambling and target is not reached it will lead to emotional hurt. As a results of chasing losses increasing risk just because you have a goal in mind, and at this point the aim of gambling is being disregarded

These mindsets will actually end up on the negative side because you are thinking you could hit your target. If you are expecting to win such a big amount, instead of going to win at the end, you still lose.
We should not treat a casino as a source of income no matter what plan or strategy you do; all your actions against the casino are based on your luck.
Only rare gamblers who luckily hit their target don't expect too much. Don't think that you are one of them because if you do, then you are one of the 99% who fail and end up losing much in the casino.

Always think that gambling was not created to make you money; it was made for entertainment purposes.

Am sure you are aware that there are some pro gamblers who not only set targets for themselves, but also gamble to make a small living with the various casino and even sports betting games.

Don't you also think that being optimistic in gambling is kind of gambling with a target in mind, because at the end of the day, if the win isn't going to be sure, cashing out early and re-betting might be the best strategy to recover from a much expected loss that would have been disappointing.

It's not actually a bad thing to set a target for your gambling wins and we can do that for losses as well. Once you hit either targets you are done for that day. In most cases a lot of gamblers may consider this a better method to gamble. It's not necessary a strategy but a way to help manage risk. I get where you are coming from. Sometimes, these targets might be too unrealistic for us and we end up losing too much trying to make sure we hit these targets. You have the power to make choices as a gambler and once you are satisfied with your current win, it's better to take it and call it a day. You don't always have to meet up your target.

Setting a winning target is like putting oneself under pressure because winning in gambling is not sure and no one can predict a game and it comes out exactly the way you have predicted it, even though one can win by luck. Gamblers should not set their hopes high by setting targets that won't come through at the end of the day and you regret and become depressed.

There are ways that a gambler can win games though not by setting a winning target and this has to do with the gambler studying the odds, stats and the winning probability of each team he/she wants to stake, carefully analyzing and selecting the teams you are placing the bet on, it's needs your critical thinking and assessment before you bet. So setting a winning target can be explosive to the heart if your expectations don't come to pass and you loose and end up in regrets.

It's stupid to set a goal for yourself if nothing depends on you at all. Such a strategy could only be implemented if you had a crystal ball and you could know in advance which number would be the winning one.

someone that have a good understanding of what gambling is won't really think of setting winning targets. Gambling is a game of chance and the possibility of saying with certainty that we may win is not there. Setting winning targets can only leads to one thing which is gambling addiction, because there will be this urge or desire of not stopping with the mindset of winning the targeted amount. This can only leads to gambling addiction.

Yes, never set a win or profit target when gambling, especially in slot games, which rely heavily on luck. I've been in this situation several times, when I was winning, I still wouldn't stop because I hadn't reached my profit target. In the end, instead of winning, I ended up disappointed. So it's better to stop as soon as possible, regardless of the amount, it's much better to secure it.

It is good to have confidence in yourself before playing. Confidence in playing well gives you strength. However, it is not right to set a goal of winning by being overconfident. Because it is normal to lose repeatedly to achieve the desired goal.

If you try to recover your winnings by losing repeatedly in an irresponsible way, your financial system will collapse. Therefore, the gambler should create a budget and then go to play.

According to the previous mental preparation, the game should be stopped before the budget is reached.

This hit close to home, at one time I had a good winning run such that I felt I was invisible and got on this path of setting targets because I made for example $500, thought I would make this $500 on a daily basis not until I got a rude awakening of losing 5 bets back to back  and these were small odds win big bets such that I counted them as winners and started to make a budget of where this money would go..some hours later I refresh page and see balance hasn't changed then I knew what just happened and for good measure  I went to my bet history and saw the losers then it hit me that I lost my bets and never have I gone with the make a target because I have found some holy grail to win.

Well, I have read read what you said and what I think is that anybody that is setting a winning target should also set a wagering target. Have a specific allocation and stick to it, whether you win your target amount or not  once you hit your wagering target and have exhausted all the amount you allocated for gambling, just take a break and stop gambling. Someone can only face all of these risk you listed out if they only think about the positive winning side of gambling without considering the fact that they can also lose everything. So, it's important to set both losing benchmark when setting that of winning too.

That’s right; we really should be more cautious in this respect. If you set a win target, you should set a loss limit as well. It would be senseless if you have a very high win aim without looking at the potential losses. Because if one always concentrates on the win only, when there comes a loss, as assuredly it must, one goes on playing in the illusion that he can “chase” his aim, and there lies the trap. The loss limit is far more important because it maintains control such that no impulsive moves are made. Without this balanced win against loss limit, gambling ceases to be amusement and becomes an unwise impulse that could knock over your finance and peace. Be prudent, therefore, not only in imposing limits that lead to winning but stopping at the right time.

I keep wondering if you've ever placed sports bets before; judging from your post, it seems you've never done so. Even when we look at sports betting as entertainment, people should set profit goals. If you have a $50 bankroll, you're not going to bet on games with random odds; you need a well-designed plan, something like: "I'll put a $50 bankroll, I'll bet on games with odds of @1.50 where I'll put $5 on each bet, and my profit will be $2.50 on each bet if I win." This is part of bankroll management.

Setting a winning limit when you are gambling will ruin you while betting. Some days back while I was gambling one mine game and I was winning, but I wanted to make the money up to some amount that will be suitable for me, so that's how I gradually lose all the money.
This has happened to many gamblers not just me. Setting limits ruins bet even when you are successfully winning, the best thing to do is to withdraw the winning that you have seen and forget about the ones you haven't seen because you can not control luck.

I recommend this more useful information for the traders who are not aware that trying to predict the price of bitcoin at a specific time is a very risky investment activities regardless that trading strategies with good trading knowledge will keep you winning in the short term when trading greedily on chasing higher profits will always be your point to fail in the long term because the market is always unpredictable.
Gamblers too should also understand that consecutive winning in the long term may be impossible.

Setting a winning target is not a danger but the huge amount instead. It's even good to set winning amount and stop once you reach it of course the same in lossing. Setting these amounts will help you not to get addicted and lure gambling overtime. But of course, setting huge amount will make you suffer, especially if you havent reach it since it's huge which will take you more time if you just betting small amounts so you will be force to bet bigger which cause drastic losses, knowing its gambling

yeah that's the hard truth!! setting a profit target can make sense if it is just meant to help you take a break not as a must achieve goal. the problem is when gamblers start chasing that target like it is the Champions League final! they end up losing focus and their bankroll along the way. it is just like football sometimes you need to know when to defend your lead instead of pushing too hard for another goal. Even Chelsea had to learn that the hard way

I agree setting a winning target in gambling really puts you in a dangerous mindset. A lot of people think they can control luck/force a win just because they’ve set a goal but in reality gambling doesn’t work that way. Once you start chasing your target you forget that it’s supposed to be for fun & that’s when the losses pile up. What’s worse it can turn into a habit where you keep trying to recover your losses thinking the next round will fix everything that’s how many ends up addicted. It’s better to set a limit instead of a target like knowing when to stop, win/lose. Gambling should stay as entertainment not a mission to make money.

If you're going to set a target, make that target to have fun while gambling. That's a realistic goal that doesn't lead to chasing losses. I remember chasing a x300 on bustadice 1 night and had a goal of doubling my depo and was going to quit. I deposited .05btc and got to .097btc and kept going as I was not at my target yet. Never hit another x300 and busted the whole .05btc. A smart gambler would have said close enough and been done.

Yeah, I don't like setting a winning target either. It takes out the fun of gambling, where it's supposed to be enjoyable.

It could cause financial chaos because we are trying to hit something that we are not sure if we can. It's gambling and not a charity, so most of the time we will lose because it's a business that is supposed to make profits and not give them.
If we are going to treat it like we can defeat them, it's just an illusion, and when that happens, we will be buried in a deep nightmare that we might not be able to wake up from. It's all just a bad mentality that we can defeat them. It's not even 50-50.

It will be difficult to reach the target in gambling. You could only play any gambling games and have fun inside that. But some people are willing to try to set a target they want to reach. Some people can reach it but others will difficult. If you set a target to reach, you may see changes in yourself because when you lose, your mind may not think clearly about what happens and you still insist on chasing the target. That will make you forget about many things including limitations.

I cant fully agree as it will always depending on the gamblers and the target. I can even say that it is even worse to gamble without target. Imho, as long as the target is realistic enough then it wil not be something dangerous. It is true that there is no guarantee to reach it but winning target is not something to reach, I would say it is something that should be used as a limit once we are on a good luck. For example, I have a winning target of 100% from the deposited amount. After start, I am lucky enough and get a win more tha 100% so it can be used as a reminder that I have reached my target/limit so I have to stop. Without this limit, high possibility most gamblers will continue to chase much bigger winning.

Then, how about not setting a winning target? How will you stop betting and consider yourself already winning if you don't stop?

I think what's best to do is like a time limit or wager quantity limit, like you set yourself only until 8 pm, win or lose, you stop. Or you limit it to only the last 5 wagers, win or lose, you stop.
 

On many occasions, as a player, I set a profit target, especially when I was a novice I loved playing dice, and I didn't set such large profit targets, but rather achievable ones. However, that was enough to sometimes lose almost everything, so it's very dangerous That's why it's better to just decide how much money you're willing to lose, because when you lose, you don't win anymore; there's a limit, and it's a smarter way to play.

Your very correct. In addition, setting unrealistic targets can lead to financial difficulties, as individuals may divert essential funds for pressing needs like rent, school fees, and living expenses, often resulting in financial strain and potential long-term health consequences.

Time limit is a healthy way of restricting ourselves from overdoing it and also help with addiction, but setting a winning target, like if I doubled the deposit then I am going to stop and even if it happens in the first bet itself so they can get away with something that can be used for other fun elements.

There is no need to stick with one particular strategy, just combine everything possible and just think what is best at the moment can be better.

In my opinion, gamblers who set high payout goals chase losses after a bad run. What you are getting at is pretty smart,, when you see gambling as a get rich quick mission rather than entertainment, dysfunction sets in.  In my opinion, a better approach is to set limits ,, how much you are willing to lose,,  instead of rigid profit targets. Setting limits has been shown to reduce harmful gambling behavior.

So, hey bro,, I am not blaming you,, just reminding you,,  If you are not hungry &  consistent, you will be able to stay in the game &   the game wont kill you

Setting up a winning target is one easy way to fail in gambling .. Nobody is supposed to have an expectation of what's going to come from every bet, but if you ever do, then you're going the wrong way. I usually see people creating threads on how to grow a certain amount into a more valuable stake. So many times, they end up in the archives.
When it gets to this point of total damnation, that's where they tend to lose their minds. It's better to withdraw in time, than to suffer the staggering consequences!

I don't see anything wrong here. Every action have an advantage and a disadvantage. It is up to us to weigh it and make our decisions. At the end of the day whatever outcome comes out we should take responsible for it.

IMO, anyone setting a winning target should also set a losing target. It is very logical, even in trading we have take profit and stop loss.

You will surely have heartache and headache afterwards if you have this kind of mindset in gambling. Winning is not a sure thing when you talk about gambling. And you will surely regret if you loaned money just to make sure you gamble because of your target. If you are in your right mind, you will only allocate your extra funds in gambling, otherwise, you will put yourself in a tight position where you will regret later on.
And for those gamblers who took a loan from the bank or from someone else, they are just putting themselves in a terrible situation where they would just want to undo what they did. Because like it or not, gambling is gambling, no assurance of winning and no one can ever guarantee that you will win your next bet.

Setting a winning target can help with discipline, but it often turns emotional once you get close to it. Many players end up chasing “just one more win” and lose focus on odds or bankroll limits. It’s better to fix a session time or profit cap and walk away once hit.

How do you usually decide when to stop, after a target or a time limit?

That’s right. Looking at it from a theoretical perspective, it may appear that setting a profit target is a good idea, like it gives you some sort of a goal to achieve but in reality gambling is all about chances and most importantly luck, there’s no guarantee of the next win, you might be good at the game but if you’re not lucky, you’ll still lose, so what’s the point setting a target for something that’s as unpredictable as gambling?
Again, when one puts money into it, you start getting emotional and it could get harder to stay focused on that target.

When you set a target in gambling, it certainly means you are gambling for profit, not for fun anymore. 
The focus should not be on achieving a profit target, but on setting limits for the game. These can be budget limits or time limits for playing. In gambling, we never know whether we will win or lose. Small wins should be appreciated; never become greedy in gambling.

All this and many more are the dangers of setting winning target in gambling, it's not today, it's not the first time this is being discussed here on this forum and on this board, and I've always been against the idea even though I at first supported it to be a good idea, thinking deep about it, I later realised that it's an absolute bad idea and one that shouldn't ever exists in gambling at all.

Many life and destinies get destroyed each and every passing day due of to wrong choices and decisions we make in every of our day to day activities, and decisions we make in gambling is not an exception either, no one in their right senses should ever be setting a winning target for their self from gambling, knowing fully well that gambling is an unpredictable game and winning completely based on luck.

I've had a friend who was once a trader, and each day, he sets a target of making $10 profit, he did and failed, he started gambling at some point and also tried employing the same target, he also ended up failing woefully, he lost lots of money he could have used for something more important.

Setting a winning goal in gambling might be motivating for many, but you're right to say it's dangerous. It creates unrealistic expectations and unnecessary pressure. This can lead to betting more, chasing losses, losing control, and ultimately, becoming addicted. Gambling should be entertainment, not a quest to make money. Playing with clear limits is the healthiest way to enjoy it.

Instead that a gambler will set target for themselves, it is better to set limit of how much to gamble with so that you can know when you have started over gambling and retrace your steps. If you set a target for profit,it will mean you will keep trying to fulfill that target and not getting to that target is going to trap the bettor to keep betting even with reasonable winning already. I think that is an act of greed because maybe the profit target is high and you won something close to that amount, the insatiable nature will come into effect. But having a free limit to profit whether you win alot, small or no win at all, you get satisfied and be hopeful for another time.

I don't usually set profit targets; the only thing I define is how much I'll bet that day. Any winnings beyond what I bet are profit in the end, following the logic that if I bet $10 a day and win $11, I'm already satisfied.

If a target amount of earnings is set, the person will pursue that amount, and at the end of the day, they may not realize it, but they will have spent much more and may not even reach it.

Of course winning in the consecutive times can only last at some period of times while it is ever impossible to win on the streaks in the long term as a regular gambler.

Regardless to how much times the winning is currently going interestingly, there will surely be a time to get it wrong and loos the bet because either sport bets can not be guaranteed neither can the confidence be built on the casino games.

Basically setting oneself up for failure. That is what it means to set winning targets in gambling.

A limit for how much you should spend or how much you win before you stop gambling, those are two things which might help you with not losing all your money in a single day. But goals that might or might not ever be reached? Sounds bad, I agree.

Your mind has changed to logical perception of the unpredictability of betting. Every victory is just one of the stages of a cycle of good and bad which is to be turned back. Once a person realises this, he or she will be better in confidence planning.

Many players lose control because of overconfidence which is mostly caused by a winning streak. As they will recognise that losing is part of the game, they will be mentally strong enough to remain calm since nothing is even assured in the long-term.

I don’t agree with OP. Gambling is a broad term since there are so many types of games under it. But if we’re talking specifically about sports betting, then yes  there are professional bettors who set targets because they believe in their skills, not just in luck. Setting a goal helps them stay disciplined and track what they’re doing.

What’s wrong is when someone sets a profit target but forgets to set a losing limit. Both sides should be part of the plan. Without that balance, greed takes over and that’s usually how gamblers end up losing everything.

I think the same way. I believe the biggest challenge lies in the value, because the bettor can end up setting an unrealistic goal, and in that case, there's no point in setting that goal. This applies to both winnings and losses. It's important for the bettor to understand their limits and establish a truly realistic goal so that everything works in a balanced way.

Using the word "target" along with losing bets sounds odd :D I guess you mean it makes sense to set a threshold and once you hit that threshold in a negative sense, you quit gambling for that day or week or whatever.

Take profit and stop loss is often used for trades that stay alive during times you can't control the buttons you need to push, i.e. when you sleep for example. If you can monitor everything, the news and if relevant political events and so on, you are still the one to decide whether you stick to your take profit and stop loss thresholds.

This mistake is common especially in today's challenging times. Some of us overestimate gambling as if it were a shortcut to success or a way to change our fate. This leads us to constantly prioritize winning every time we gamble.

This is clearly a starting point, as many gamblers become trapped in their own thinking and make repeated mistakes when they fail to change their mindset.
This is a psychological state that gamblers constantly exploit and casinos who expect this from some gamblers are clearly aware that with this mentality the longer gamblers stay in the casino the easier it is for the casino to profit.
This doesn't mean that casinos are corrupt or cheating but rather that gamblers themselves struggle to control themselves while playing.

How can someone set a winning target in gambling. I gamble very often and i have been doing it for a very long time, but i never once set a winning target, because it does not make sense.

Setting a target in something that is almost 95% luck is crazy. You can have crazy numbers in your head that you hope to win, and you just enjoy the thought of it, lol. But to seriously set a winning target is the path to delusion and you'd only be messing with your head.

That is a very wrong idea, is so unfortunate that some gamblers have these believe and thoughts that, that is the only way they can win instead of setting limits in bankroll and time so that, they will not be at loss and be controlled whenever they are trying to over gamble, it shows they are not responsible gamblers they are only targeting how to make money instead got themselves into more losses, which they end up chasing losses and become a addict and debtors of their lives.

At times it is due to their mentor believe that they inherit forgetting that what works for one person might not work for another . Setting winning target is not responsible for your wins in gambling.

Agree. Setting a certain target for winning in gambling is dangerous. It leads to severe losses because we probably push ourselves to reach the target. We will break our limit, we use bigger amount of money, and we may gamble more often. It is very reasonable that gambling in this way will cause an addiction and financial problem. Since there is no guarantee for the win in gambling, normal gamblers should understand that we must have no certain target in gambling. That's why many people only gamble for fun, they just gamble with limited money and don't target for certain winning. Even they also expect to win the games, they never try to set a certain target. This is actually the safe way in gambling.

that makes sense

some people who don’t set a stop loss level means they are willing to gamble and keep losing will not stop at anything just to win. make sure you have unlimited budget if you will have this mindset

Well, these pro gamblers usually made money from referring someone or making money from a high VIP rank. Living with a casino or even in sports betting does not always guarantee you could win and get a good result. You shouldn't treat a casino or sports betting, like I said in my post, as a source of income.
Because if you do that, there are times that you don't have money due to a losing streak, so how can you survive for a living?
Unlike a job, you could be 1000% sure you can get money for living.

You've touched on a good point. I've experienced this danger in my investments, and that's why I try to avoid setting a goal. For example, I set a target for a cryptocurrency, but it actually rose quite well. I didn't sell it just because I set a target, and I never sold it afterward. Setting a goal is a major limitation, goals are good, but you shouldn't cling to that goal too tightly.

When people are talking about having fun that doesn't mean that their interest is not to make winning, and of course when a gambler is gambling and they wins it triggers out the Zealousness in the gamblers body like having increase their adrenaline/dopamine in them, which could encourage them to gamble more because they believe that they are lucky that very day as they are gambling, but the worst thing is that when they are gambling and has managed to finished what they are using to gamble and they had no other money to place bet you would see them becoming that profuse, not knowing what to do either to go home or to source for additional money to continue having their fun if they could recover their lost, but guess what? That is called "medicine after death" as it doesn't work that way, everyone has a lucky day to make winning while gambling.

You can't be disappointed if you don't have expectations. Similarly you can't end up in a rabbit hole of chasing losses and wins unless you set a target. Targets should not be set in anything that is so risky and dependent on luck and external factors like gambling. A mistake that the writer he does is say unrealistic expectations, but this is not a problem of unrealistic expectations but a problem of any expectations at all. Even if you have the most realistic expectations possible, there are so many things that could still go wrong that makes the realistic part of it worthless. Disappointment comes from having expectations, it does not matter if they are realistic or not.

Nobody in the world has an unlimited budget, it is not possible so I don't get your comment. Even Elon Musk does not have an unlimited budget. He has a very big budget, but it is still limited.  :D

This is not a good comparison. You are supposed to set targets for investments or the same thing can happen as it did to you where you set your targets wrong. Since you never had any targets you may not sell it and then it may continue to go down afterwards and never recover. The correct thing to do for investments is to set some realistic and some bullish targets with progressive selling in batches of 5 or 10% of the holding. That way whatever happens you will have sold at least some at good prices.

In my opinion setting target of winning while gambling is a good idea but the most important is only set the limit with reasonable target such as 10% or probably 20% from our bankroll because i think these numbers is still possible to achieved and i think with set the limit too can makes us not too greedy when we lucky but besides set winning limit i think while gambling people too have to set their limit of lost and this is necessary because if you were discipline to run these methods i am sure you will never have the experience huge loss

I don't think that it is always white or black though. I think that two gamblers can set a winning target and have two different outcomes. One may be positive and the other negative. Here is what I mean. If you set a winning target on a game of luck, then expect to have a negative outcome most of the time. If you set a winning target on a game of skill, you are literally betting on your skill. The more skillful you are in that gambling game, the higher your probability of a positive outcome. This is how I see it.

Those who know about the harmful effects of gambling addiction keep themselves aware of becoming addicted. When a person sets a goal of winning before gambling and keeps losing, the mentality of continuing to play until the goal is met can be created. If this continues, there is a possibility of running out of financial resources or increasing the amount of debt. And this habit will never be healthy because it will result in a person seeing gambling as a means of earning money and there is a possibility of becoming very addicted to it. Which can later lead to more financial and emotional damage.

Is it possible that you set an unrealistic goal/price on your holdings before selling?


I disagree, setting a goal is a booster for people to do things.  This keeps them motivated, especially when they are striving to be better.  In terms of gambling, setting a target winnings should be set to a realistic gain.  Like when one has $100, gaining 50% or 25% of such a bankroll can be said to be realistic since it is achievable.  While setting $3000  with only $100  in hand is tantamount to an illusory goal.

So setting a goal in gambling can be dangerous if it is an illusory goal where a gambler sets a goal that seems realistic but is almost impossible to achieve because of the factors involved in the gambling system.

On the other hand, if one just sets a realistic goal in gambling, this will keep them at bay from time and money overspending, thus saving time and money to use for other activities.  This also prevents the gambler from gambling overexposure, which can minimize the possibility of gambling addiction.

This is a crucial discussion that needs to be addressed in the gambling industry,but when was it written that gambling has become an investment than one needs to have a target?It is indeed an unhealthy gambling habit for one to have a winning target, because the winning target will lead to addiction and causing many gamblers to have unrealistic expectations.When a gambler high expectations weren't met,it will lead to chasing loss, making them believe there's always a chance in trying over and over.Many gamblers have become addicted to gambling because their expectations haven't been fulfilled, neglecting the part that the outcome is uncertain.

Here lies the danger from gambling: when there is a shift of goal and motivation, all the risks inherent in gambling start to manifest.
Gambling is inherently uncertain, so setting a winning target, while it may seem reasonable at first glance, poses significant risks. It's better not to expect profit or a win at all than to open yourself to a lot of risk.

The problem is that for now not a few gamblers do this especially when we have entered the trap where our ambitions take more roles and always expect gambling to make profits for ourselves, then indirectly the goals we have set will turn out to be uncontrollable and not in accordance with the initial expectations.

Creating a winning target in gambling will only make you become burdened when the expected situation does not match the reality we feel so instead of trying to burden yourself because of the winning target it would be better to gamble with reasonable things where when you win then surely you are lucky regardless of the amount of victory and when you have reached the point where the limit of your defeat then you have to stop.

Setting a winning target in gambling might sound like a good way to stay focused, but in reality, it often does more harm than good. The truth is, gambling is unpredictable we know it and there’s no guaranteed outcome no matter how good your strategy seems. When you set a target, you put pressure on yourself to chase something you cant control, which can easily turn excitement into frustration or even addiction(most happened to users), Instead of enjoying the game, you end up chasing losses and taking bigger risks just to meet an unrealistic goal. Gambling should be about fun and entertainment, not a mission to hit a specific number.

I cannot agree with you on this. Because I think every gambler should have a profit target and a loss target. The reason for doing this is that there are many who spend all their money on gambling and after a while they end up in a very bad situation in terms of their financial situation. So if a person sets a profit target and a loss target, it will be good for him. If he wins and his target is met, he will not gamble again that day. And if he loses his money and while losing, if he reaches the target, he will not gamble again that day.

Setting winning targets is not a good strategy, it can lead to desperation which will inevitably lead to chasing loses if not realized and that is how addiction starts. I don't target how much I want to win when I want to gamble, I try to avoid such thoughts so that it won't distract my fun because their is no guarantee that it can happen. Gambling is not like a job or chore that you can set a target of what you must achieve before you stop, you need luck to win, if you are not lucky you will keep losing. I plan beforehand how much I'm willing to spend in gambling and if that amount is finished it means that I'm done for that day.

You are absolutely right that it is deadly mistake to have set winning goal in gambling that makes hobby very stressful chase. Winning target is trap as it creates false idea of being in control of results through just luck and when player is close to achieving it but loses, they will make bigger risks to achieve target. This puts end to just fun and stressful financial job, which usually makes player to lose even more money. Since there is no sure way to win, only healthy limits to set are Loss Limit and Stop Win limit which is to handle the risk other than to chase lucky number.

One should never have a win target when playing gambling as it is the best way to cause unnecessary psychological stress. Gambling must be fun, and not make you so agitated to the extent that you lose control. It is more logical to develop loss limits and stop-win limits and remain stable both emotionally and financially. The winning is never guaranteed and putting targets in place increases the risk. When you are vigilant of these boundaries, gambling may be as much fun as it can be, without losing either your money, time to think or sleep.

Some people thinks that it's very easy to defeat the house that is why they set target of expected win without realizing that such target can cause them to become compulsive unless for a gambler who is already experienced and perhaps had the idea to also set out an allocation to spend for every time they want to gamble. Some people would specifically make a despot and set a bankroll management rule from which they also set the target of amount to win on that deposit but even if they don't win up to the set target, they will not make anymore deposit.

Every gambler faced dangers of setting a win target and has lost everything due that. Everyone continued gambling until his balance reaches round amount, 100 bucks for example while having 93 on a balance, and lost everything. I am not an exception. I have also chased nice numbers many times and ended with either losing all or withdrawing less than wanted. I dont know how to fight that. It is that psychology again. Like being forced to buy when you see 99,99 on a tag, when original price was 100.00 bucks :D

Personally, I don't see setting up a target as a bad thing but what is wrong is the greed that comes with it. Targeting gives you direction and guide on when to stop. One without direction would just keep on going until he hits a block but targeting gives you that consciousness that at a certain level you would need to stop and it also helps reduce the act of addiction.

Setting a target that is easily achievable is a great fit. Take for instant you bet on 1.2 odds with $1, you could keep on going until your $1 turns $2. That's setting a target with an achievable aim and with an amount one can lose and recover at any point. Generally, the mindset is what really matters in gambling because one could still set a target and choose to go further because of greed.

Winning and never feel like it's enough is why many gamblers end up losing everything, we need to appreciate every win because you won with luck, having a target in mind will turn you into someone who will never appreciate even if they win.

You have determined to fail as a gambler the moment you choose to have a target in your head, if that target never come to past then you will keep trying. And one thing is involved, whenever your winning is less you won't take it.

On the long run you might not have anything left, erase any target and accept what your luck brings for you, it takes nothing to become a homeless gambler, this is how it always starts, learn to appreciate and gamble responsibly.

yes but it's a strange idea, since it depends on luck, how can you set a goal based on luck?
Something doesn't add up to me
Instead, it is useful to establish a budget or loss limit, that is
since the loss, unlike the win, is the sure thing. In the luck game is this

And the terrible thing is that unfulfilled expectations can later turn into debt obligations.
Imagine a situation where someone wants to double their deposit or banknotes, but instead loses it all and then realizes that it was money they had saved or a loan. It would be much faster to return this money, but they lose again and again, and that is why it is very important to play only with your personal savings.
We need to be realistic and not wait for gifts from fate, but always prepare for the worst, but believe in the best.

Setting a target will only put pressure on us. We'd rather do nothing and never expect a huge win. Because the moment we fail to achieve our target, that leads to frustration, and what happens next is even more terrible. Therefore, we should only spend within our allocated budget. It is difficult to put pressure on ourselves to achieve unrealistic targets. We just remind ourselves that this is gambling and there is no way we can find assurance. Hitting a target is not our goal here, but rather to enjoy gambling.

Gambling without a target or a goal is a time killer during which person will lose balance quicker because he does not care about it. We can say that it might be a definition of fun, but to be honest, all those who gamble for fun, have goals, respect money and dont wish to lose them. Maybe the danger is in setting an unachievable target. For example try to win a million with $1 or $10 deposit. That really looks like a waste of money, because it will take life to achieve or high risk will make gambler lose bets all the time.

The idea of of setting a winning target while gambling is never a bad idea at all, it is just that it depends on how you placed your winning target while gambling that will determine how dangerous your winning might be, with my passed experience of accumulating so many games just to be able to accumulate a particular odds that if i should take on will give me the millions I'm meant to win and at this point this target will come dangerous to win while you continue gambling but once you placed your target on one game that you are sure of the winning is rated to be 90%, at this point winning target will not be dangerous while gambling.

We cant plan on what has not been found an achievement by us, we should not have raised expectations over anything, this is more of being able to know what to expect from gambling by playing more of an understanding than expectations, we cant put our desperation to test in gambling, because it changes nothing about what should be the actual condition, if we have all hope in it, then this changes nothing about gambling being what it was known for.

Absolutely. I completely agree with you, OP, that setting a win target can actually be a trap. Although the opportunity to win is always there, the problem is that there's always no guarantee that we'll continue to win.

Furthermore, we never know how much we'll win. In gambling, aren't we always forbidden from being greedy? Of course, setting a win target can really encourage us to be greedy when our initial winnings don't reach our target amount.

I've tried this idea before, but in most cases, it actually led to further losses, perhaps because my luck had run out.

Frankly speaking it encourages unrealistic expectations but too many people call it been optimistic.That illusion makes you to believe that you're capable of predicting or controlling your outcomes in gambling.But in reality your target choices doesn't change the game odds,it only keeps you playing longer and makes you losing more.

It definitely is dangerous if you set a goal of achieving a specific profit.

The problem with this kind of mindset is that you condition yourself on reaching that goal. Despite all the losses, this will keep you determined in betting which would harm you in the long-run.

Instead of focusing on achieving a profit, you should just allocate a designated budget for this habit. In addition, once you have exhausted that budget, that would be the go signal for you to stop and call it a day. Do NOT recover your losses- move on and accept all the fact that you may not be able to recover them this day, the next day, or forever.

In fact, fun is healthy and you always think about winning. Of course, this is something that can make winners happy, but it won't always be like that, and in fact they have to get used to dealing with losing bets.
of course they also have to understand that spending too much is always the bad thing

If you do not set winning target/limit, then how do you know when to stop when you are winning?
Will you say "when I think it is enough"? If you say so, then "enough" here must be realted a specific amount of specific percentage based on the initial bankroll/deposit.
There is nothing dangerous on setting a winning target as long as the target is reasonable, if you guys think that setting a winning limit/target is a dangerous thing to do in general, I wonder how do you guys limit yourself when you are winning.

Every gambler should come to terms with the fact that loses are inevitable as far as gambling is concerned. In fact due to the house edge, gamblers are supposed to lose more than they win, which is why they’re meant to (1) prepare for the worse at all time, regardless of the level of certainty they’ve got. (2) Just like you said earlier, avoid spending too much in gambling, especially when it’s an amount they can’t afford to lose. At least this way, it’ll be a lot more easier for gamblers to deal with losses when they come.

That is the basic thing every gamblers should know about gambling that they must lose while gambling and the winning they are expecting wouldn't come that much, most times gamblers only focuses more on their winning amount but when it turns out the other way round you would see that they start getting themselves blamed for not following what their heart had already instructed them to do while gambling, most people also gamble with what they can't afford to lose but when gambling they only focused one way and that is about winning whereas winning is the least thing that comes otherwise the rate of lost is most recorded in gambling.

It's still risky, it might be a little confusing when we set limits but on the other hand making the target in gambling as if when we gamble then there must be a victory that we must take then it is certainly also wrong for me.

Regardless of whether the target we have seems reasonable or not I don't think it should be a benchmark considering that in the end we must realize that the situation cannot be forced because gambling is not one of those things that makes us profitable every time.
Even if we do expect to win in the gambling that is done but it does not mean that we will be able to always win which makes when you set a target for gambling that is done then indirectly this will make you burdened and will try to realize this even though the situation is not too possible to do.

Setting a target when gambling isn't inherently bad, but it does depend on the target's limits. It can be considered bad or not. Furthermore, I've experienced both when gambling.
I set a target of $1,000 because I wanted to buy something close to that price, but it ended up making me lose control. I also set a target limit of $200, and I would withdraw it, and I didn't hesitate to do so. Whether or not there are dangers is a given, but it's up to each individual.

Any amount of money a gambler set as a target surely have its implications, doesn't matter if it's $10 or $100, or even $1, because a small amount as target may likely be easy to reach but you and I know that gambling is in dependable and unreliable as well, a day will definitely when the gambler will be going through a very tough losing streak which will make it absolutely impossible for him to make any profit..

By the time he or she is supposed to stop and maybe try again tomorrow, he or she will keep pushing with the determination to reach that his target for that day, he will end up losing a great deal of money which he could have not even budgeted for..
Setting targets in gambling is absolutely bad in which ever way we try to look at it, it's a bad gambling habit.

It won't take too long for anyone that starts their gambling journey to find out that they are wrong, gambling isn't about having a goal, in fact there is no goal in gambling, risk what you can afford to lose and you will thank yourself later.

If you are the type that hates fun as a gambler then you are purposely into gambling for money, there are millions of people like you, how come they are not rich already? That is because they failed to avoid goals as a gambler.

Many gamblers are broke today thanks to gambling, they get what they deserve, gambling is not the solution to poverty, go out and look for a Job then start planning to be a investor, who knows you can be come rich this way.   

When someone sets a goal, they need to consider the realistic chances of achieving it. If a gambler aims to earn $500, they'll need to deposit at least $250 to have a truly good chance of increasing their deposit. However, if someone deposits $50 and expects a tenfold increase in profit, they'll likely quickly hit a losing streak that doesn't add up, wiping out their deposit.

You are not supposed to boost your gambling so you gamble more, you are supposed to place measures that will limit and minimize gambling. As such, a goal is a mistake following your own argumentation line.

Both unrealistic and realistic goals are dangerous. Unless you set something funny such as $5 profit which is pretty much always achievable except during a losing streak, but such a thing would be useless. What you think is a realistic goal may prove to be impossible to reach and this sets the person up for disappointment and additional gambling and losses.

I'm entirely with you on this one, that is exactly how I do it. Anyway isn't money that comes when you are not expecting it much sweeter than money that one is expecting?  ;D I play to have fun and expect nothing, with this method there is no stress and every day brings something different. Some days bring good results, other days bring bad results. I don't care either way. If I win big then that is a good day. Things can be done in a simple way.

One thing I would add is that people who set these unrealistic expectations also dont like to quit, in their head they keep going even when they know its too far gone because our whole lives we are conditioned to win and go for gold but in gambling this is a very self destructive physiological mentality that is easy to fall into

Nope, that's  not what he meant. He is simply saying that as gamblers, we shouldn't set a target to winnings, like, this is how much I want today in gambling, and if I don't win this money, I will not leave the casino and staking ground. I must play and play till I make this amount of money before I stop for the day. You have set a target of $1k to be won today, and until your winnings get to that point, you wouldn't leave. Even though you have won up to $500, 700 or even $950, but since your target is $1k, you would leave till you achieve that aim.

To me is actually a bad gambling mindset and should be abhored. Gambling guarantees nothing. So why a healthy and mentally sound person set a target to achieve for something that is not certain or has a guarantee? It's actually a very wrong habit and should be avoided

Don't plan ahead of something you have not yet achieved, we can be confident in expectation, but we should not act weirdly by being overconfident, gambling games are mostly unpredictable, we hardly know if it could be a winning game or not, we have to be more patient in knowing what could be of the bet we have taken before making preparation for it.

This is what most gamblers fail to realize until they end up in that spot where they lose everything they have. Anytime you are winning or hitting your targets which you are not even supposed to have, there's always loses around the corner, this is what I tell myself Anytime I make profit the first thing I do is to withdraw because I know that everything that I have gotten can vanish within an instant.

The reason why some gamblers think of setting a winning target is that if they win such money from a bet, they will stop immediately without betting further.

Although gambling wins don't come as one anticipates. You can be betting to have that one win you thought you would have, to end it, and you lose terribly there of, making you regret betting for that day

You mean they will stop immediately without betting again? I don't think this is true because even if you hit a jackpot and you promised yourself that you are not going to gamble again, maybe in few weeks or months when you are still spending the money. Once you have eaten the money that spirit will always lure you to go back to where you hit the jackpot with the idea that you are going to make a big profit as soon as possible. That's gambling for you and it's only those that don't know how to gamble that will be thinking that once they win big, they'll leave and say goodbye to gambling which is not true.

Usually things like these never works because greediness always controls and gamblers have never been able to go with their original plan recently I was talking with few gamblers on casino sites and mostly were in loses due to their weak mindsets when they are on win they try to double this and lost their original money as well.
One gambler has $3 bonus, and he converted this into $50 just in few minutes then his greediness encourages for more profit, and he lost all quickly here always need strong and solid strategy for gamblers because they can go with their original plan.
Peoples those started this for fun and always go with their strategy have better results because they want to stay on balance and this is not easy, but they can do instead of peoples those are having no strategy and always wants to have good money.

When gambling, it is possible to set a win goal that will give one a sense of control but the truth is it usually complicates the situation. After having hit the target, the temptation to bet a bit more is tendency and we end up going way above our set limits without even realising it. What might have started as a triumphant victory may soon turn against it to a huge loss which in the end can make it regret. This shows the relevance of self control and one should be able to stop at a appropriate moment.

Quitting after hitting once winning target is a good gambling practice which helps in combatting addiction, although that winning target stops once winning runs and may make one lose interest in gambling but never a bad gambling practice because of its important to. Gamblers.
 Winning in gambling is never in all time but when it comes, the need for good management practice is considered necessary and the only way to manage it is by working towards the established target whose hob is to moderate the gamblers practice

Gambler sets a specific target to win, emotions will work in him. He will stay away from good and bad judgment analysis at that time. His goal will be only to win. Due to which the amount of his bet will naturally increase. When the gambler thinks that he will win, if there are any negative aspects of the bet for him, it will also turn into a positive trend. And this kind of movement plays a significant role in the gambler's loss.

Since there is no certainty of winning in any bet, setting a target in the bet is completely foolish. If a target is set in the bet, then the situation of winning bets also starts moving towards loss.

Gambling with a winning target is definitely the biggest risk, especially if you lose your first bet against a winning target and have to bet a second time with the intention of winning. If you lose the second bet, you have to bet a third time on the winning target. If you keep betting like this, your balance will run out. There is no guarantee that you will win a bet in gambling, which is why there can never be a winning target in gambling. There are no guarantees in an uncertain future, so it is not right to place so much importance on unguaranteed possibilities.

I can accept to be called as foolish because of setting a winning target anytime I am going to gamble by others especially if the one who call me as foolish is not even gambling at all, but for me it is smart to set a winning target as well as to set a losing limit at the same time so there is always a reminder for myself when to stop when I am on both winning and losing situation. At least it is better situation for me than without any winning and losing limit which may make me greedy enough as there is no reminder for myself.

If it is the main reason, it can be good for the gamblers as long as they limit their funds/time. This means they prevent themselves from being greedy. However, we must also consider how much money to use. We don't solely focus on the winning target, we also need to be wise allocating money. If the allocated money for gambling over already, just stop immediately even we still can't get the winning target!

We can't ensure whether we can get one win in each day. I don't think we need to force ourselves to win 1x before we end our effort at the day. Just stick with the limit! Every time we reach the limit, kindly stop it even if we still can't get a single win. This is the best way to avoid an excessive gambling. If we try to break the limit, we will always be difficult to control ourselves in the future.

This is the most common misunderstanding here, most people think that setting a winning target/limit means that we should try to reach it hardly without having other limit. People think that winning target/limit should be reached anytime we are gambling or even worse some people may think that winning target is a must thing to reach no matter how long we should lose first in a single gambling session.
Winning target should be taken positively and responsibly, which means that we should not try to reach it without looking at other limit. For example, my initial deposit is $100 and my winning target is 100%=$100 so I will withdraw $200. It does not mean that I have to reach it as it will also depending on my time limit, or even it can be depending on my feeling on the process. I may stop while I made $50 profit only if I feel that the luck is over or if my time is over. Winning target will be something dangerous if we keep on chasing it especially if we have lose our initial deposit then make another deposits in order to chase the initial target.

Setting out targets in gambling is not the problem, but not being able to know where and how could be a serious challenge on us, because we may not get the right thing being done at the right time, also, maybe when we play, wr should not have our minds on the interest of winning, because it may not be as we might have planned it or expected, there is more chances for losing than winning in playing our games, if we don't forget.

Setting a target to win is difficult. No guarantee you can achieve but maybe your money. Winning in gambling in uncertainty so we don't have to set a target instead just to enjoy our time. But I guess some gamblers can achieve their target but not many times because it is gambling where the chance of loss will be bigger than the winning.

If you still set a target to achieve, you may lose more than usual. That can make you curious and still gamble though you know that the result will not happen as you want. But you push yourself to win and make much money.

If you can't control yourself, you will get addicted soon. You will not realize that because you are busy achieving the target. You don't have to achieve anything except have fun in your free time.

What guarantee is there that they will immediately stop gambling? And what kind of stopping do you mean? Is it stopping to take a break and come back later to gamble again, or is it stopping gambling completely? Considering that everyone has their own principles and mindsets, I don't think there's a guarantee they'll be able to immediately stop by withdrawing their winnings, but I'm sure that's the best option.
Everyone is different when it comes to profits or money, even those who were previously positive can become negative when they see a significant amount of money. And in gambling, whether it's the gameplay or even our own behavior, changes can occur, and I think you've experienced this too.

Someone that has an idea of it implications wouldn't even think about at the first point, their is one thing in gambling I believe most people aren't aware of which is when you gambling for fun, that should be the primary aim we are gambling and not the other way around. When you start setting targets in gambling that means you have lost the initial concept of gambling and being taking away by emotions , greed and pride has taking over you and believe me it would be funny what the repercussions will look like. Take away such horrible target that can kill your sense of gambling and you start chasing shadows and lost that rarely comes, the least I will say is for one to get rid of greed and be save even while gambling.

Having a target in everything you do is okay. Some gamblers put in lots of money and they should have expectations at the end of a certain period. However, having the mindset that you might not hit the target is essential. Gambling wins are unpredictable; this means that these projected profits might not be realised. It's not folly but planning. If the temptations of chasing losses and gambling more than the budget are overcome, setting a target is not a bad idea.

Fully agree with you, the only goal you need to care about is having fun "trying" to win something.
The goal, however, if it is to win at all costs, is certain that it becomes a death trap; there are all the prerequisites for achieving failure in the short term.
What to do? Don't have any goal intended as financial compensation, you can get that in work with hard work, gambling is not a job, otherwise it would be called gambling and not gambling.
Money won through gambling seems like an easy goal to achieve even little by little, but that's just wishful thinking.
Play for fun, don't play with just profit in mind.

As stated, you absolutely cannot have targets in any form of gambling and it will actually be to your detriment if you do. Even professional poker players, one of the few people that have potential to make a consistent living from gambling, will tell you that walking away with a profit in any single gambling session is not guaranteed. You are likely to end up in a state of tunnel vision where your fixation on money will override the skills that you need to make it - poor choices and the wrong odds will leak into your game out of desperation. It could also take away from any fun you might experience and simply turn it into a chore.

For some, a single sum may be quite large, while for others it may seem like mere pennies. Everything is relative. I remember the time I managed to win about $2,000 at the current exchange rate in the national currency. For me, it was incredible, but for my wealthy friend, this amount of money seemed simply insignificant. He could afford to lose it in an hour or less. He wouldn't even bat an eyelid. If I had lost that quickly, I would have been absolutely mortified by such a defeat.

You are very correct; this is the mindset that gamblers are expected to have about gambling. Do not have too much expectation of winning because it causes a lot of negative outcomes. Gambling is a game in which any result can occur. Understanding what gambling is all about helps gamblers to bet with the right amount that they can afford.

The understanding most people have about gambling is the reason why they have so much expectation about it, and because of this understanding, this set of gamblers can gamble with more than they can afford.

These might not be easy as you think because many gamblers don't know when to stop when winning, but if a gambler can set a target and stop when it's due time that would be nice because as far as I know these are the most important thing to put in consideration when gambling. Since we can not afford to win all the time it will be very nice to stick with your target and stop immediately without furthering to get more.

The game puts something in context for us: if you have a chance to win, you should take advantage of it and withdraw, that's all When we play, we must have that mentality, because if we don't take advantage of it, the opportunity will pass us by, and I say that with authority because things like that have happened to me, and then I regret not having taken advantage.

I have no experience in gambling, but my opinion is that those who gamble should always remember this, no matter how intelligent or experienced the gambler is, luck makes the final decision in gambling, some win first then think I can, this is how people become addicted to gambling, the final outcome of a gambler is so terrible that they even decide to commit suicide.

In general, having a financial goal in gambling is highly questionable. The benefits aren't obvious to me. Yes, in life itself, it's great to have a goal and work towards it; that goal will inspire you. But what about gambling? How can you be motivated by a goal when luck alone controls the situation? Imagine you're close to a financial goal, but luck turns against you, and you see yourself drifting further and further away from it day after day, losing money. It's a very sad, uncontrollable situation.

Therefore, having a goal for a gambler is more of a bad thing than a good thing.

People have different financial status, that amount you won is really a huge amount of money for a lot of people both gamblers and non gamblers. Only a small percent of gamblers can be able to risk losing that $2k at once without flinching. Someone needs to have the mindset of contentment knowing their financial status, so that when the person is setting a winning target, they can as well set a targe of loss, so that of they lose a specific amount without winning, they can take a break.

The signs are always there but if you decide to turn blind eye, you might not be able to clearly see the things that are not good for you while gambling. If have made money for the day, like a reasonable amount of money I don't gamble for that day again because no matter how I try I don't win anything, maybe it's because the win do overcrowded my strategy I don't know but I stop gambling for that day and then try again the following day or when I see things I can wager my money.

I saw a thread about a guy who made money from meme coin, a life changing money but this guy wasted everything. I always tell people, I don't know how sweet meme coins will look, I see them as casual gambling and not an investment, it's pure gambling that doesn't have any rules and guidelines. When you make money from it, take it out as soon as you can and invest the money into something better or better use it to for Bitcoin investment else you will lose everything back to that meme gambling.

Setting a winning target in gambling is something that sounds simple but in reality very few people actually manage to follow it the idea of quitting after reaching a specific goal makes sense because it gives structure and prevents overconfidence but the problem begins once emotions take over gamblers often get carried away by the thrill of winning and think they can stretch their luck a little more that’s usually when things start going downhill and winnings disappear as quickly as they came. Discipline is the only thing that separates casual gambling from addiction people who play with a plan and stick to their target understand that it’s not every day that fortune smiles at them when the signs show that it’s time to stop but someone keeps pushing thinking they can win more that’s the moment gambling starts to control them instead of the other way around being able to stop after a win takes maturity and understanding that the goal is not to win forever but to walk away ahead when the opportunity comes.

Meme coins are another example of how greed can ruin good fortune many treat them like a shortcut to wealth without realizing that they are as unpredictable as rolling dice they can make you rich today and broke tomorrow and unlike bitcoin they don’t have a foundation or utility behind them so when luck finally hits and you make profit the smartest move is to cash out immediately and move the money into something stable chasing another high almost always ends with losing everything back again just like in gambling knowing when to stop is the real winning strategy.

I very well concur. Coz truth be told setting winning target in gambling may end up bringing one closer and closer to addiction, especially in situations where losses keep coming, instead of profits as expected. And when this losses keep piling up, the gambling will definitely want to go back in just because he is yet to meet up with his target and before you know what is happening that gambler would have exhausted all of his money. That is why it is best that gamblers accept the possibility of uncertainties in profits.

Gambling isn't something that someone can give full assurance because there is no possibility for a gambler to achieve your goals or win always, it is actually very crucial for a gambler to maintain a positive mindset and should also know that anything can happen in gambling, which is, he may win or he may lose. Normally, people always have target for their future potential goals and achievements, but gambling is a different case, because targeting winning in gambling can motivate some gamblers to make uninformed decisions or wrong choices due to their unrealistic expectations. If a gambler stress and pressurise himself he might end up causing financial problems and also, he might end up getting addicted to gambling leading to family crisis or conflicts.

The temptation to continue gambling is real, especially when we're winning. This can encourage us to continue gambling until we achieve a truly significant win. People who can stop when they should demonstrate self-control are clearly good gamblers.

Setting targets is natural, but they should be adjusted accordingly. For example, if we deposit and bet small amounts, the target shouldn't be too high. The key is to keep everything within limits, and everything will be fine.