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Author Topic: What would you do with your winnings?  (Read 29833 times)
bravehearth0319
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February 16, 2017, 01:22:38 PM
 #521

I've read here a lot about "Gambling doesn't make you rich" So I thought about it, and it does make sense. So what do you feel about gambling then? Just entertainment? I think that's not everybody's mindset.

In the back of my mind, I want to be rich but not because of gambling. But when I gamble, I still always want to win. So when you always win, you become more rich and more risk will be involved. Anyway, if I would earn a winning bet that would have a lot of profit from, I would withdraw the initial bet or the bitcoins I deposited to get it back, then still gamble.

If you would have a winning bet that would give you a lot of profit, what would you do with it?

If I know that I am winning in the games I will set aside at once my winning price in my bankroll, it may not be wasted in the long run.Due to if I didn't do that my winning price will melting away in the end the effort has been waste.
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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February 16, 2017, 06:53:49 PM
 #522

When I have a decent sized win I normally take 50% of the profit and invest it into Alts that I think will make me a return in the long term. That is how I have built up a nice Altcoin portfolio when I win big, the rest I add towards my bankroll so that I can continue to keep betting even if I have a couple of bad days in a row like i have been having betting on the NBA.
Well, we're talking about a big win. It's not just your ordinary bankroll. Investing in some alt coins are considered a smart move because of the probable change in price. Be smart with what you do with your money. Bettign is a great way to easily earn money, if you always win or bet big.
in fact it is depending on the amount of winning. if the winning about is a good one. then i will like to save some of the amount. and use amount for shopping for my self and my family, and also invest some for gambling more. but if the winning amount is a big one then i will like to give party to my friends using the winning amount.
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February 16, 2017, 06:59:05 PM
 #523

I take my investment and some profit then reinvest some $$ to try again if you keep playing with your investment and profit you'll loose all and left with empty handed.
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February 16, 2017, 08:49:43 PM
 #524

I take my investment and some profit then reinvest some $$ to try again if you keep playing with your investment and profit you'll loose all and left with empty handed.
Same way, what will you do when you are losing your splitted profits+investment, I guess, in that situation you will go for adding more bankroll from your previous profits. At the end, there will be no differences you might go home only with empty handed. Because this is what will happen with the every gambler who are interested in re-investing the profits either fully or some portions.
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February 16, 2017, 11:24:38 PM
 #525

I take my investment and some profit then reinvest some $$ to try again if you keep playing with your investment and profit you'll loose all and left with empty handed.

I don't even call it as investment because it is gambling. But almost the same thing I'd been doing for the long run and most of the time I've been losing more money instead of winnings and when I got enough that's the right time to stop for a while and use the remaining winnings I got if there are some.

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February 16, 2017, 11:33:32 PM
 #526

If I won a whole bunch of money from Gambling then I would purchase a Supercomputer then mine every future Bitcoin block and then give them out for free just for disruption...

 
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February 16, 2017, 11:41:45 PM
 #527

That depends on the amount of the winnings... If I made a small amount of money, I could try some other matches. But if it's large sums of money, I think I would play with a small part of it, to avoid the risk of losing the money I've already earned.

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February 17, 2017, 06:36:42 AM
 #528

Every win I'll save bitcoin gambling and will use it to gamble again tomorrow. and after my bitcoin collected will be exchanged into the currency of my country
How do you exchange your bitcoin into fiat? I have recently tried withdrawing from an atm (not a bitcoin atm) it's offered by my wallet app, just to see if I could really withdraw, and I did and it's awesome to really hold your money.

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February 17, 2017, 06:38:32 AM
 #529

I take my investment and some profit then reinvest some $$ to try again if you keep playing with your investment and profit you'll loose all and left with empty handed.

I don't even call it as investment because it is gambling. But almost the same thing I'd been doing for the long run and most of the time I've been losing more money instead of winnings and when I got enough that's the right time to stop for a while and use the remaining winnings I got if there are some.

Probably if you're playing and won a large amount of bitcoin, you can invest it on the site. It's not a safe investment if that's what you call it. I have experienced so many times losing, I don't want to lose anymore.

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February 17, 2017, 07:11:10 AM
 #530

I take my investment and some profit then reinvest some $$ to try again if you keep playing with your investment and profit you'll loose all and left with empty handed.

I don't even call it as investment because it is gambling. But almost the same thing I'd been doing for the long run and most of the time I've been losing more money instead of winnings and when I got enough that's the right time to stop for a while and use the remaining winnings I got if there are some.

Probably if you're playing and won a large amount of bitcoin, you can invest it on the site. It's not a safe investment if that's what you call it. I have experienced so many times losing, I don't want to lose anymore.
Once a gambler always a gambler, if a gambler will even will a large amount of money, the possible thing that would happen is he will still use that money in gambling. With that action, that would only prove that we lose in the long run, though it is not wise to gamble our winnings anymore but due to greediness, we will not gonna realize that.

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February 17, 2017, 08:44:37 AM
 #531

If I won a whole bunch of money from Gambling then I would purchase a Supercomputer then mine every future Bitcoin block and then give them out for free just for disruption...
Wow  Shocked great goal man and that is very good idea mining Bitcoin in supercomputer.For now I didn't heard any news or rumor that they using supercomputer to mine Bitcoin.By the way goodluck man on that goal.
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February 17, 2017, 08:56:09 AM
 #532

If I won a whole bunch of money from Gambling then I would purchase a Supercomputer then mine every future Bitcoin block and then give them out for free just for disruption...
Wow  Shocked great goal man and that is very good idea mining Bitcoin in supercomputer.For now I didn't heard any news or rumor that they using supercomputer to mine Bitcoin.By the way goodluck man on that goal.
only nasa has already supercomputer and they build it not bought it. Well if we are using supercomputer in mining i could say that it is really profitable because it is really powerfull lets just hope that we could build it



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February 17, 2017, 09:13:04 AM
 #533

If I won a whole bunch of money from Gambling then I would purchase a Supercomputer then mine every future Bitcoin block and then give them out for free just for disruption...
Wow  Shocked great goal man and that is very good idea mining Bitcoin in supercomputer.For now I didn't heard any news or rumor that they using supercomputer to mine Bitcoin.By the way goodluck man on that goal.
only nasa has already supercomputer and they build it not bought it. Well if we are using supercomputer in mining i could say that it is really profitable because it is really powerfull lets just hope that we could build it
It's easy to say but hard to do. It requires a lot of preparation in order to do it, it's a matter of who is going to use it. You need lots of things to really optimize something that big and enormous. Computing power is really good then it's easy. You need really cold areas and no evaporation in order to take care of the CPU.

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February 17, 2017, 09:30:25 AM
 #534

I take my investment and some profit then reinvest some $$ to try again if you keep playing with your investment and profit you'll loose all and left with empty handed.

I don't even call it as investment because it is gambling. But almost the same thing I'd been doing for the long run and most of the time I've been losing more money instead of winnings and when I got enough that's the right time to stop for a while and use the remaining winnings I got if there are some.

I've always invested my small portion of profit to gamble again this way even you'll loose you don't get emotional as you've still earned some profit or playing with your all bankroll will make you loose all the money for sure.
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February 17, 2017, 09:37:12 AM
 #535

Most of the winings  I would keep in my wallet and wait for the bitcojn value to rise and then maybe exchange to fiat at the appropiate time.
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February 17, 2017, 11:57:01 AM
 #536

Most of the winings  I would keep in my wallet and wait for the bitcojn value to rise and then maybe exchange to fiat at the appropiate time.

And you are just stopping to gamble? Well that's a good way of using the winnings you got. When I was still active in gambling, I keep on using the winnings I got to keep on gambling and I'm settling the capital I used for gambling. And when I keep on winning and winning that's the time when I am going to save those winnings to secure myself.

Usually better is that save the winning amount, and he is right doing. Because first of all, bitcoin price is rising continuously and it is good to save the bitcoins, but if we want to play more gambling, than also it is good to use the winning amount. Because, whenever we use our winning amount even in any where we feel good and carefree, but in gambling, if we lose our winning amount than we have less desperate if we lose.   
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February 17, 2017, 12:04:27 PM
 #537

I cashout it my money in coinsph and i play a gamble again. For the time being i won again i cashout again and play again and so on so fort.
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February 17, 2017, 12:45:56 PM
 #538

I cashout it my money in coinsph and i play a gamble again. For the time being i won again i cashout again and play again and so on so fort.

Wow! It looks like you are constantly winning. Is this true? If yes, you are very lucky gambler then. Can you tell please how much have you won in total?

If I win I just play with it and lose it eventually. That's why I never deposit much.
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February 17, 2017, 01:27:54 PM
 #539

Most of the winings  I would keep in my wallet and wait for the bitcojn value to rise and then maybe exchange to fiat at the appropiate time.

Totally agree . And some months my bank loss some units , but with bitcoin growing , sometimes more money in my bank Smiley

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February 17, 2017, 01:46:20 PM
 #540

I cashout it my money in coinsph and i play a gamble again. For the time being i won again i cashout again and play again and so on so fort.

Wow, I hope i also had that luckiness that you have. Winning everytime you gamble is a really big or huge feat for me.
Though i don't really gamble that much, i do want to win evertime i gamble. Hope that your win roll still to continue, but try to control yourself from gambling. Try to save your winning rather than using it for gambling again.

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