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Author Topic: How do you know when to stop?  (Read 37921 times)
BTCevo
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July 22, 2016, 06:10:47 AM
 #321

I have set a weekly limit of 0.05 and set a daily winning goal of 0.01.  Basically I started gambling when I have this fund.  The try my luck with dice, black jack or slot.  Once I depleted my 0.05 this will signal me to stop gambling for the week.  Or if I hit 0.01 win, I will stop and resume playing the next day.  
That's one of the best way, setting goal and making stop zone. The only problem if you become emotionally unstable that you forgot your plan and urge yourself to continue.

By setting some limit on how much you will earn for today is a great thing, but sometime when you are trying to get that you wll lose it. How can you manage this? Lets say you have 0.1 btc trying to get 0.01. How can you make sure there is nothing wrong on that to earn 0.01?
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July 22, 2016, 06:21:07 AM
 #322

when i win back to back two bets or when i loose back to back two bets then i know its time to stop.
If i win then i take back the profit and if i loose then i just want to forget about that.

This is a very wise advice. This is true and it will apply to everyone because you know the feeling that if you continue and you lose you will not be able to rest and continue gambling to get your losses back only to find out you have a bigger loss. Also it is not worth it to continue even if you win because the feeling you get is not very satisfying. So if feeling the loss is much more then feeling the win, then quit it is not worth it to continue.

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July 22, 2016, 06:56:17 AM
 #323

In order to stop you either set a goal and upon reaching it you do so or you know that if you don't reach that goal you'll bust and you'll stop.

 

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July 22, 2016, 09:20:43 AM
 #324

I have set a weekly limit of 0.05 and set a daily winning goal of 0.01.  Basically I started gambling when I have this fund.  The try my luck with dice, black jack or slot.  Once I depleted my 0.05 this will signal me to stop gambling for the week.  Or if I hit 0.01 win, I will stop and resume playing the next day. 
to set a profit goal 0.01 BTC per day I think it was an imposition. and I think it will only make you fall into a big defeat because if you do not get in
the 0.01 btc that day maybe you'll keep playing and lose quite large. and stop up all your money runs out
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July 22, 2016, 12:09:44 PM
 #325

In order to stop you either set a goal and upon reaching it you do so or you know that if you don't reach that goal you'll bust and you'll stop.

Someone should set an equal goal for winning or losing to keep himself safe from losing all at once.
For example if i keep a limit in my mind that if i reach that limit i will stop betting at that point, and lets say my limit is 0.02btc and when i lose or win 0.02btc i will stop betting to stay away from losing again or losing all.
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July 22, 2016, 06:35:06 PM
 #326

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

As soon as you ask that question that is when you need to stop xP

In order to stop you either set a goal and upon reaching it you do so or you know that if you don't reach that goal you'll bust and you'll stop.


Yes but even then some people can't stop.

 
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July 22, 2016, 06:44:58 PM
 #327

we call gambling casinos as money multiplyer but tell me honestly how many of you have multipled your momey at how many times. maybe hardly 2x or 3x so it is clear that we can hardly make about 2x and then we should stop the journey

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July 22, 2016, 07:59:11 PM
 #328

when i win back to back two bets or when i loose back to back two bets then i know its time to stop.
If i win then i take back the profit and if i loose then i just want to forget about that.


Always start gambling with a small portion of your earnings and if you are winning then don't try to place higher bet i mean all amount on bet that you earned. and stop gambling when you think you would loose the next bet.
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July 22, 2016, 08:05:25 PM
 #329

If we know when to start we know when to not begin too .It is only common knowledge we can't know the future.

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July 22, 2016, 08:06:21 PM
 #330

After loosing some good amount of money I have learned hard lesson about when to stop. If you are playing with much money available and begin to loose you simply can not stop. Always best is to put money apart and play with some specified amount of money whether you win or loose. This way I am going have stop and seems working for me else I don't know when to stop.
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July 22, 2016, 08:11:38 PM
 #331

when i win back to back two bets or when i loose back to back two bets then i know its time to stop.
If i win then i take back the profit and if i loose then i just want to forget about that.

This is a very wise advice. This is true and it will apply to everyone because you know the feeling that if you continue and you lose you will not be able to rest and continue gambling to get your losses back only to find out you have a bigger loss. Also it is not worth it to continue even if you win because the feeling you get is not very satisfying. So if feeling the loss is much more then feeling the win, then quit it is not worth it to continue.
Yes very rightly said specially when u loose the continuous betting you should surely stop gambling at that point of time because mind is not in normal situation at that stage and we may take wrong decisions at that time.
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July 22, 2016, 08:14:29 PM
 #332

If we know when to start we know when to not begin too .It is only common knowledge we can't know the future.
i think it is not the knowledge of future but just the pre planning. for example i have limited my gambling to half bitcoin on both winning and loosing side on daily basis. so when i reaached to this limit either on wining or loosing side i stop gambling any more. so i know when i have to stop.
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July 22, 2016, 09:53:38 PM
 #333

You need to put limits on you money so you can see how much money you can spend every day or every week.
If you manage to do this then you know when it is enough.
I think a limitation not to see the number of bets that you did that day. a limitation has a function that you have to stop on a bet that when you are in certain circumstances. either win or lose. but if you guys do not like the rules I'm sure that limit will not apply to you. I thought control each player is important
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July 23, 2016, 08:00:30 AM
 #334

I simple thing if you addicted to much then just carry a limited amount so that even if you lose that and want to play more you will not be able to play . But ideally it difficult for those who do not have control on themselves.
I agree, carrying small amounts for your bankroll might lead to stop your gambling after few rounds.
But when you are getting profits from your initial rounds which might make you to gamble more if you do not have how many hours of gambling or how many rounds of betting to be done for that day. This is usually happening with the every gambler like making profits in initial rounds and losing them at end of day.
That is the reason we should stop gambling before losing all our bankroll or at the earlier profits. Stopping at right time must be a one of the best way towards safe method of gambling. But, most of the gamblers would never think about that. Literally, stopping at time is more important to secure your profits than winning further.
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July 23, 2016, 08:06:21 AM
 #335

Gambling addiction, is an impulse-control disorder. Compulsive gamblers can’t control the impulse to gamble, even when it’s hurting themselves or their loved ones. You have to come out with your own sources and methods to stop it from time to time.

When you can see that you cant stop gambling that means you are fully into addiction and you need to stop it for good.
Also when you attempt to recover losses by gambling more that is also the sign of gambling addiction.
You should know by then that it is time to stop.
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July 23, 2016, 09:20:08 AM
 #336

After loosing some good amount of money I have learned hard lesson about when to stop. If you are playing with much money available and begin to loose you simply can not stop. Always best is to put money apart and play with some specified amount of money whether you win or loose. This way I am going have stop and seems working for me else I don't know when to stop.

That is very true and not only you but everyone will make the same mistake of chasing the losses and end up losing all bankroll. So as you said, one should always start with some specific amount of bankroll for the day and if they lose then shouldn't continue gambling at least for that day. Some people say gambling with big roll is easy to win money, but it is also very dangerous to lose a lot of money very fast.
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July 23, 2016, 12:33:43 PM
 #337

We have to set the target both way. Play in limits everything will be fine or else you will book the loses.
Setting target for both losses and profit must be a good idea. Being a gambler that I will agree to stop my gambling with profits but I will never agree to leave when I'm having losses with gambling. But many times when I am going for chasing my losses, I finished that day with more losses only.
It is not just you. You need to stop for the same amount of profit or loss. That same amount must be within your affordable limit of losing. When you are following the strategy of same amount as your profit or loss, then you will get chances to compensate your losses in next day or you will get chances to double your profits in upcoming days.

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July 23, 2016, 12:41:25 PM
 #338

Enough is enough. You have to stop when this enough is reached.

If you lost more than/as much as you can afford, STOP. Don't keep playing, maybe wait for the next salary or to get some cash to play with. Always stop when you know you have lost more than you wanted to.
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July 23, 2016, 12:48:19 PM
 #339

When do you stop? Do you have a daily limit or something?
I will only stop if i win 3 btc and loose more that 1 btc.. my weekly limit is 1btc. And it is divided  by 7 days.
If i won 10btc i will definitely stop on gambling.
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July 23, 2016, 01:51:17 PM
 #340

If we know when to start we know when to not begin too .It is only common knowledge we can't know the future.


It's not about knowing of future, it's about the strategies of playing gambling and  also about how much you are intelligent in playing gambling. People know when to play and how to play and when to stop gambling. These people are good from those who are greedy and lost all their money due to their greediness.
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