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Author Topic: Play with your profit or not?  (Read 34049 times)
gabmen
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December 22, 2016, 07:35:50 AM
 #221

When I used to gamble I never stopped especially after making profit, and this is the main reason why it became very important for me to stop (and I did.)
i think most of the people have the same problem and not only for you. as to me, my first preyority is to recover my invested money from gambling and then play only from the profit, there i am always in favour of to play with profit money.

well it's ok for me as well if it's from your profit because that would mean it's already your earnings from your capital. it's just important that you don't lose control or else all your profit would be consumed by gambling and the worse part there is that you may even tap into your capital to try and get back those losses. so if you've earned already, i think it's ok to have some of those spent on gambling, just be careful and smart with how you place bets and have control over yourself

 
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December 22, 2016, 07:41:17 AM
 #222

When you guys are gambling and already doubled your bankroll, do you still play with the whole money you got or you take away half of your bankroll and start playing with your profit or not?
better play with half bankroll since reduce a risk and recovery your money,

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December 22, 2016, 07:42:21 AM
 #223

When you guys are gambling and already doubled your bankroll, do you still play with the whole money you got or you take away half of your bankroll and start playing with your profit or not?

Always play and bet until im rich (in my dream), because in real i always lost and hard to make my bankrolls double...

That's a hard way of gambling men you are going to keep on gambling until you are rich? That's surely is possible in your own dreams. Better not to that and just always rely with your profit or else your capital as you gamble will be also wasted.

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December 22, 2016, 08:08:48 AM
 #224

When you guys are gambling and already doubled your bankroll, do you still play with the whole money you got or you take away half of your bankroll and start playing with your profit or not?
I prefer to play it again because if you play with half of your money and loseit's just a waste of your time, even if your initial money is not lost

If you're playing it for fun, then one should take out your profit and play with your initial amount because at the end everyone going to lose money and the only house is going win. So if you take out that profit then you can use it for next round to enjoy your free time otherwise soon or later you will lose all your money.

Just like what others believe, "you don't gamble to win but you gamble so you can gamble for the next day." But for me it is better if you will going to withdraw your capital and just play with your profit. So that whenever you will lose, you are going to lose nothing but your profit or else you will lose everything if you will not have a wise decision.
That method does not work if you aim to have a bigger wins, the method I use is when I do sports betting, I set up a bankroll that I will use for the entire season of the game that I choose.

I make sure that this specific amount will be properly manage by me so this will last and I can still enjoy gambling more, normally at the end of the season when I am on profit, I just earn at least 100% which makes me satisfied already.

Now, if you do not have a good bankroll, you will not be satisfied maybe. What if you have BTC0.01 and you double it in 6 months, sounds like a waste of time right, so be sure you put a decent amount as your bankroll if you want to earn bigger. At least that is being realistic in gambling.

Your strategy is quite good enough and I have read a lot of people has been doing that. But with my way I can't even set a certain bankroll for the entire season that's why every time I win that's the right time to use it as my bankroll. So if I will be lucky with that profit and make it grow then my funds are secured.

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December 22, 2016, 08:31:42 AM
 #225

When you guys are gambling and already doubled your bankroll, do you still play with the whole money you got or you take away half of your bankroll and start playing with your profit or not?
I don't play with my profit, because if i'm playing with my profit, i will loss all my money, my capital and my profit.
In my opinion gambler who play with their profit because they can't control their emotional and the result is will loss everything, gambler should control their self and stop when feel enough with the profit, don't take risk all your money when you won, only because you're thinking today is your lucky day

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December 22, 2016, 09:37:35 AM
 #226

When you guys are gambling and already doubled your bankroll, do you still play with the whole money you got or you take away half of your bankroll and start playing with your profit or not?
better play with half bankroll since reduce a risk and recovery your money,
Well seems you are misunderstood with what is the point from OP. I will try to explain it more easy for you, Let say you deposited 0.1 btc on a gambling site, 10 mins later, you doubled your money, you have 0.2 btc now. What will you do next? playing with all your money now (0.2 btc) or just playing with your profit (0.1 btc) and cash out your initial money (0.1 btc)?
It is not about recovery our money, because we are on profit.
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December 22, 2016, 10:05:33 AM
 #227


Well seems you are misunderstood with what is the point from OP. I will try to explain it more easy for you, Let say you deposited 0.1 btc on a gambling site, 10 mins later, you doubled your money, you have 0.2 btc now. What will you do next? playing with all your money now (0.2 btc) or just playing with your profit (0.1 btc) and cash out your initial money (0.1 btc)?
It is not about recovery our money, because we are on profit.

I agree that  it is about continuing with profit or continue playing with the whole amount regardless of winning.  This is somekind of a survey asking people who are winning if they have a traits of keeping the bankroll and continue gambling with only the profit or they continue to play with the bankroll.  Most seems gonna widthraw their bankroll and play with the profit which is a good indication that people somehow know how to limit their loss.

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Capradina
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December 22, 2016, 02:39:17 PM
 #228


Well seems you are misunderstood with what is the point from OP. I will try to explain it more easy for you, Let say you deposited 0.1 btc on a gambling site, 10 mins later, you doubled your money, you have 0.2 btc now. What will you do next? playing with all your money now (0.2 btc) or just playing with your profit (0.1 btc) and cash out your initial money (0.1 btc)?
It is not about recovery our money, because we are on profit.

I agree that  it is about continuing with profit or continue playing with the whole amount regardless of winning.  This is somekind of a survey asking people who are winning if they have a traits of keeping the bankroll and continue gambling with only the profit or they continue to play with the bankroll.  Most seems gonna widthraw their bankroll and play with the profit which is a good indication that people somehow know how to limit their loss.

But it all does require a few things that we should have a self control. If we just do a game without being able to use self control is good then everything is just going to make us be someone who can't make a good profit. Because it is concerned about gambling and gambling in that we must fight against lust and also our mind that sometimes it's not true. In the majority also get gambling losses, so we must be on guard
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December 22, 2016, 02:47:54 PM
 #229

When you guys are gambling and already doubled your bankroll, do you still play with the whole money you got or you take away half of your bankroll and start playing with your profit or not?
better play with half bankroll since reduce a risk and recovery your money,
People will always choose playing with there bankroll if they already saved up there initial capital to gambled people have choice it depends to you when you want to gambled it or not but if you saved your initial deposit then gambled it's not wrong to continue.
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December 22, 2016, 03:32:21 PM
 #230

Depends on how risk-averse you are. If you think you have earned enough, you can set some away coins away (your capital plus some of the profit) and then play using the remaining coins.
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December 22, 2016, 03:47:51 PM
 #231

Depends on how risk-averse you are. If you think you have earned enough, you can set some away coins away (your capital plus some of the profit) and then play using the remaining coins.

That is what I am doing when I am still not busy, I gamble with my profit... After winning, I immediately withdraw my capital along with the profit and leave few satoshis in my bankroll and use it to win more again, I did that many times, I just stopped when I feel like it was getting boring, and the winnings are being adjusted lower and lower and lots of restrictions...  Smiley
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December 22, 2016, 03:48:16 PM
 #232

When you guys are gambling and already doubled your bankroll, do you still play with the whole money you got or you take away half of your bankroll and start playing with your profit or not?
for me, i will play take away half . i do not take high risk with when i lose i will dissapear all my money..
this is not indeed the mind of a gambler, but i know i not profesional gambler
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December 22, 2016, 04:17:40 PM
 #233

I usually go for triple my bankroll and when I reach that, I withdraw everything but my principal deposit amount and keep playing for a while after that.
Then I withdraw every time I double that or make a substantial amount Smiley

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December 22, 2016, 04:57:55 PM
 #234

I usually go for triple my bankroll and when I reach that, I withdraw everything but my principal deposit amount and keep playing for a while after that.
Then I withdraw every time I double that or make a substantial amount Smiley
it is the principle that is very good in gambling. Well, when I gamble, I do not ever withdraw the initial capital that I use. I am more inclined to take profits I get, and use the money I had to play. but, I limit it to avoid big losses.
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December 22, 2016, 07:02:57 PM
 #235

When you guys are gambling and already doubled your bankroll, do you still play with the whole money you got or you take away half of your bankroll and start playing with your profit or not?
I don't play with my profit, because if i'm playing with my profit, i will loss all my money, my capital and my profit.
In my opinion gambler who play with their profit because they can't control their emotional and the result is will loss everything, gambler should control their self and stop when feel enough with the profit, don't take risk all your money when you won, only because you're thinking today is your lucky day
i think it is not bad to play with your profit, as your profit is not the money you invested therefore if you lost he profit you will not feel it too much, but if you lost your invested money then it will certainly make you upset.

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December 28, 2016, 06:44:54 AM
 #236

When you guys are gambling and already doubled your bankroll, do you still play with the whole money you got or you take away half of your bankroll and start playing with your profit or not?
I don't play with my profit, because if i'm playing with my profit, i will loss all my money, my capital and my profit.
In my opinion gambler who play with their profit because they can't control their emotional and the result is will loss everything, gambler should control their self and stop when feel enough with the profit, don't take risk all your money when you won, only because you're thinking today is your lucky day
i think it is not bad to play with your profit, as your profit is not the money you invested therefore if you lost he profit you will not feel it too much, but if you lost your invested money then it will certainly make you upset.

actually it depends on how much profit we are talking about here.
if it is a very small amount like making 10% profit on a 0.01BTC bankroll then yeah, you can still continue gambling with the profit also and if you lose the profit you won't mind at all.
but if we are talking about a 50%-100% profit on a 1BTC bankroll then there is a whole different story here. you'd better withdraw this amount since losing it means a very bad experience.

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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December 28, 2016, 07:01:21 AM
 #237

I usually go for triple my bankroll and when I reach that, I withdraw everything but my principal deposit amount and keep playing for a while after that.
Then I withdraw every time I double that or make a substantial amount Smiley
it is the principle that is very good in gambling. Well, when I gamble, I do not ever withdraw the initial capital that I use. I am more inclined to take profits I get, and use the money I had to play. but, I limit it to avoid big losses.
yeah i agree , it was a good gambling principle as long as you stick into it. don't gamble everything you have , collect the winning you get , take a break for a while and enjoy the winning. don't gamble it back directly, there is no fun in it if you keep doing gamble continuously.

I'm in 400,000 euros debt , dont help me , i rather die
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December 28, 2016, 09:47:11 AM
 #238

I usually go for triple my bankroll and when I reach that, I withdraw everything but my principal deposit amount and keep playing for a while after that.
Then I withdraw every time I double that or make a substantial amount Smiley
it is the principle that is very good in gambling. Well, when I gamble, I do not ever withdraw the initial capital that I use. I am more inclined to take profits I get, and use the money I had to play. but, I limit it to avoid big losses.
yeah i agree , it was a good gambling principle as long as you stick into it. don't gamble everything you have , collect the winning you get , take a break for a while and enjoy the winning. don't gamble it back directly, there is no fun in it if you keep doing gamble continuously.
Thinking that way will minimize your loses as you are not really a full time gambler or a big risk taker, in the end we still lose though we have to set aside some winnings, no one is exempted in the rule of gamblers loses in the long run, we have our time to enjoy our temporary profit but in the end we have the same faith.

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December 28, 2016, 02:13:08 PM
 #239

I usually go for triple my bankroll and when I reach that, I withdraw everything but my principal deposit amount and keep playing for a while after that.
Then I withdraw every time I double that or make a substantial amount Smiley
it is the principle that is very good in gambling. Well, when I gamble, I do not ever withdraw the initial capital that I use. I am more inclined to take profits I get, and use the money I had to play. but, I limit it to avoid big losses.
yeah i agree , it was a good gambling principle as long as you stick into it. don't gamble everything you have , collect the winning you get , take a break for a while and enjoy the winning. don't gamble it back directly, there is no fun in it if you keep doing gamble continuously.
Yes because we needed to keep our mind calm not because we are lucky we will keep coming back for sure we will be out of luck in our next try, so its the best thing to enjoy our winnings and make another good assessment the following day especially if we are into sports betting one small winning will be enough instead of losing it all.
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December 28, 2016, 02:24:42 PM
 #240

Definitely not for profit. Gambling is not made to earn profit but only to entertain people. But the fact that you can earn some big amounts instantly makes people addicted to it. They think with their small amount that they will gamble they will be rich instantly. Not knowing it is almost people impossible. Only very few people get rich by gambling and those are one in a million lucky person.
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