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Author Topic: How do you know when to stop?  (Read 37923 times)
bajing
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June 12, 2016, 03:19:52 AM
 #41

I would use a limit to manage my bet so i know when i must stop when win some money and must stop after lost much money. it's so important to make you not will lost all you've only in one days.

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June 12, 2016, 04:53:49 AM
 #42

Yes. I have my special bankroll exclusively for gambling purposes. I always gamble with money I earned from signature campaign.
So if my weekly profit from Signature Campaign is 0.04 then my max gambling bankroll for a week is 0.01 or 0.02 no more.

This is good planning it will work out because you are playing with your earned money from signature so is you loose that amount means you will not feel too much because you set for limit and you saving your 0.02 BTC weekly. Nice i usealy not play much when ever i feel bored that time i do sport betting but this much high very low betting.
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June 12, 2016, 05:33:30 AM
 #43

When do you stop? Do you have a daily limit or something?

It is very easy when i think i am loosing my coins i will stop there. But it depends on which game i am betting if it casino base games yes i will follow this method if it sport betting when my strategy fails back to back and i loose back to back bet in sports so that time i will stop few days and will try. So daily limit not there it depend on my free time.
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June 12, 2016, 05:59:52 AM
 #44

When do you stop? Do you have a daily limit or something?

I'm usually set my profit target about 10% from my initial balance. About loss , I set 25 % loss tolerance since I'm usually play martiangle on dice
I've learn past experience : I've win big but I keep betting until I loss it all

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June 12, 2016, 06:04:55 AM
 #45

When do you stop? Do you have a daily limit or something?

I'm usually set my profit target about 10% from my initial balance. About loss , I set 25 % loss tolerance since I'm usually play martiangle on dice
I've learn past experience : I've win big but I keep betting until I loss it all

So this look like you addicted to gambling. Yes those who play untill they loss everything they are addicted to this gambling. Once we start to win the game back to back and suddenly we lost our bet in that time we can not control our self so in that time it automatically we play all amount and that day end with very sad. So once you think that you are loosing your coins stop there only and play some other time or next day then at least you save some coins.
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June 12, 2016, 06:15:37 AM
 #46

To be honest it is very hard to know when we have to stop because only few people can take break when they are on winning streak, a lot of people get greedy and winning streak make them think they have lucky day and can make a lot of profit, that is the reason people get busted after making good profit.
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June 12, 2016, 06:22:05 AM
 #47

I would use a limit to manage my bet so i know when i must stop when win some money and must stop after lost much money. it's so important to make you not will lost all you've only in one days.

Having a daily limit can be really beneficial since you're limiting the maximum loses you can incur every day. However, you can easily violate this rule because it's your own rule, and you set it up yourself in the first place.

You could also tell doog if you gamble on Justdice to disable betting. That way it controls your urge.
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June 12, 2016, 06:29:39 AM
 #48

There are 2 things that when i notice that is the time to stop for me.First is when i lose 50% of my deposit that the right time to withdraw the remaining because it will just lead being empty.Second is winning atleast 30% of  my deposit because that is a big win even if nust 30%

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Aamir1
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June 12, 2016, 06:37:53 AM
 #49

When do you stop? Do you have a daily limit or something?

I myself don't gamble on daily bases, but if someone does it then i would give him a suggestion which can make him safe from losing all his money, or maybe sometime to earn some profit as well.
Someone who knows that he will gamble everyday should select a limit for his winnings or losings, lets say he sets his losing limit to 0.05btc per day, and he sets his winning limit to 0.05btc as well, so after he sets his limit he should start betting wherever he wants, if he won 0.05btc then he should stop there and take the profit and wait for the second day, and if he loses 0.05btc then he should also stop their and wait for the second day, in that way he won't lose much and he also can win sometimes.
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June 12, 2016, 06:43:07 AM
 #50

as much as possible when I play always has a winning target, so that I can know when I should stop.
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June 12, 2016, 07:09:58 AM
 #51

When you've exhausted your allotted resource for gambling. Sometimes its hard to stop when you've reached your limit but continuing to gamble beyond your means would more likely result in addiction until you're broke Cheesy

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June 12, 2016, 07:18:01 AM
 #52

When do you stop? Do you have a daily limit or something?

knowing when to stop is the most important thing to learn and master in gambling and also the hardest part especially if you are an emotional gambler.

basically you should have some limits for yourself for example limiting how much money you put in for making bets or how long is each your gambling sessions should last, and eventually if you can follow your own rules you can learn how to stop.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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June 12, 2016, 07:25:11 AM
 #53

It is quite possible if we use daily limit and goal how much minimum profit we want to make than it would be much easy for any person to stop on that day after reaching his target, being responsible with gambling is more better than to be greedy and lost all money to the house.
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June 12, 2016, 07:39:19 AM
 #54

When I've made profit Grin I think probably 10% is a good point to stop because that is pretty good luck. In the real world getting 10% returns on a stock or something over A YEAR is generally considered good, so take what you can.
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June 12, 2016, 07:46:22 AM
 #55

It is very difficult to know when to stop.What I have experienced so far is if I am loosing I have feeling what if I stop and in next minutes was to appear winning.Same when I am winning don't want loose that moment.This is very hard to control in these both situations.I am not good in judging this moment to stop.
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June 12, 2016, 08:27:04 AM
 #56

When do you stop? Do you have a daily limit or something?
The best way you can set your own rules. Set a number that represent stop loss. You must have a limit how much you want to earn and how much you can afford to lose on everyday.

Do not get desparate and chase losses orherwise you will be in big trouble. Remember game is fun do not get angry and frustrated.

Well, another thing is remember you do not think you will live with that, just play freely.
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June 12, 2016, 08:41:06 AM
 #57

I always play in sessions and for each session I set up limits to stick with that.It doesn't matter I make profit or go in loss and follow my schedule and rules.This set of rules I made after facing great loss and by having control of my greed.Now I do easy and steady profit than try to attempt big to get at once.I know when to stop without problem.
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June 12, 2016, 09:09:37 AM
 #58

In sports betting there is no problem as you place bet and wait for results to appear or sometimes make arbitrage.In casino gambling I am bit confused personality and can not realize the perfect moment to stop.In my case many time I made profit and stopped playing successfully.In few hours I started again having thought is my lucky day and ended up like everyone.
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June 12, 2016, 09:14:26 AM
 #59

It is just two counter things.One if i lost too much btc/money then thats the time for me to stop gambling and withdraw my remainin bal,second is when i profit big or even small thats the time i need to quit because im sure fore my self im going greedy after winning

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June 12, 2016, 09:15:44 AM
 #60

I also think it is very difficult task for anybody to know when it have to stop but if you playing on different kind of games like poker and sports betting than you have to wait a lot to know about the result, that is why avoid to play continuously on dice site because very hard to win from the house edge there.
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