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Author Topic: What would you do with your winnings?  (Read 29833 times)
michkima
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December 20, 2016, 06:27:23 AM
 #181

well i gamble for profit, i don't think that gambling is very fun when you lose

It depends on how much you lose.  People who are enjoying gambling are only playing with the money that is free.  Meaning it is not tied to any expenses like households budget or bill payments.  Instead of watching movies, going out with a friend or spending money on an outing, people play gambling for fun.  Their mindset while playing in a Casino is the same as spending money for entertainment.  So they don't mind whether they lose or win since it is actually a budget for entertainment.
there is people like that honestly rich people are same that they are gamble and not thinking about their lose because they are just gamble for fun.. they can afford what their lose ..and for poor people they are targeting to earn and both entertainment or the other are just targeting profit..
If you win in gambling for me like i said and other it is good to spend your winning profit with your friends and family..
I really hope all gamblers can play gambling for fun, however it cannot be because we do have different financial standing in life. Rich has the privilege to enjoy their money because they work hard to reach that level and they are just spending a little portion of their money to be entertain.

While poor people, are seeking for miracle to win in gambling and hoping their luck could change their world.

So true. People who gamble or bet on lotto are waiting and hoping for a miracle that would in the end change their lives. But most of the time these people just get more buried in debt than really gain anything from gambling. So I think they should just work hard and play a tinsy winsy amount of money. Gambling cannot solve their problems it'll probably make it worse. For the rich people gambling is for fun. If they lose, it would even dent their wallets.
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December 20, 2016, 06:55:07 AM
 #182

Besides the obvious "buy cool things and go out to eat at nice places", I would also really like to give to some charities. There are a lot of great charities that give all the donations to those in need, and I've wanted to be a significant contributor to a charity for quite some time now. I need to win big so I can be a large donor and so something nice like sponsor a child in need each month.

Giving money to a charity is a good thing to do and I want to participate to support some charities too but with the money that I got from my daily job and not with money that I got from gambling activities.

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December 20, 2016, 08:11:53 AM
 #183

Besides the obvious "buy cool things and go out to eat at nice places", I would also really like to give to some charities. There are a lot of great charities that give all the donations to those in need, and I've wanted to be a significant contributor to a charity for quite some time now. I need to win big so I can be a large donor and so something nice like sponsor a child in need each month.

Giving money to a charity is a good thing to do and I want to participate to support some charities too but with the money that I got from my daily job and not with money that I got from gambling activities.
Well, that's great as the intention of your are good. But let me ask you, what is wrong with the money you earn in gambling?
I think when you win in gambling you'll have more than what your job can offer, so I guess it's alright since you intention is just to help.

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crwth (OP)
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December 20, 2016, 08:19:51 AM
 #184

First of all, you are right, it is difficult to become rich with gambling, but if we are talking about our winning amount, So it really give us pleasure, than we know the real meaning of gambling. Winning moment it is a time of enjoyment. And i have many time win in gambling, and always i feel pleasure, also our wining moment courage us to continue the gambling.

Yeah, that's what I was talking about that you can't become rich just by gambling. It offers entertainment and no assurance of earning. But in our lives, we would want something that will make us win more and if we start to be smartly and behave ourselves, it could be a winning moment. Just take the risk whenever you feel lucky, but don't get to greedy.

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crwth (OP)
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December 20, 2016, 08:22:35 AM
 #185

Besides the obvious "buy cool things and go out to eat at nice places", I would also really like to give to some charities. There are a lot of great charities that give all the donations to those in need, and I've wanted to be a significant contributor to a charity for quite some time now. I need to win big so I can be a large donor and so something nice like sponsor a child in need each month.

Giving money to a charity is a good thing to do and I want to participate to support some charities too but with the money that I got from my daily job and not with money that I got from gambling activities.

Whenever I think about winning a really enormous profit, like what I've read somewhere here when someone turned five mBTC to 8000+ BTC, a part of that, I will donate to charity. I feel well when I help someone, and I like your idea to sponsor a child, it could really help them out in a big way. I would be donating it because I want to, not because to make a name for myself. I can just make it anonymous.

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olushakes
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December 20, 2016, 08:25:06 AM
 #186

What I do is with my winnings actually depends on my mood. Sometimes, I tend to withdraw the winnings into my wallet and wait for another lucky day to try it again, other times, I just use my winnings to play additional games and then try to win more which is not always the case as I always end up losing everything.
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December 20, 2016, 08:28:20 AM
 #187

I will share my gambling analogy with you guys. Imagine that you hit the jackpot in your national lottery - Lotto or something like that.
And what will you do next? Buy more lottery tickets with every penny you just won? I guess not, because that seems ridiculously stupid.

But that is what most gamblers do, they win some money and waste it all the very next day to fuel their gambling activities.
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December 20, 2016, 08:32:31 AM
 #188

Besides the obvious "buy cool things and go out to eat at nice places", I would also really like to give to some charities. There are a lot of great charities that give all the donations to those in need, and I've wanted to be a significant contributor to a charity for quite some time now. I need to win big so I can be a large donor and so something nice like sponsor a child in need each month.

Giving money to a charity is a good thing to do and I want to participate to support some charities too but with the money that I got from my daily job and not with money that I got from gambling activities.

Whenever I think about winning a really enormous profit, like what I've read somewhere here when someone turned five mBTC to 8000+ BTC, a part of that, I will donate to charity. I feel well when I help someone, and I like your idea to sponsor a child, it could really help them out in a big way. I would be donating it because I want to, not because to make a name for myself. I can just make it anonymous.

thats nice donating it to charity and you want it anonymous donating bitcoin to charities is not for fame it is all about helpig those people in needs so thats good . As my self I want also to donate it to charity also so that I could help those child and provide their needs. As of now I alr3ady heard that there are charity that would accept bitcoin as donstion and thats really good
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December 20, 2016, 08:34:46 AM
 #189

What I do is with my winnings actually depends on my mood. Sometimes, I tend to withdraw the winnings into my wallet and wait for another lucky day to try it again, other times, I just use my winnings to play additional games and then try to win more which is not always the case as I always end up losing everything.
I just wonder that you are managing yourself to make profits from gambling but I was never successful with my gambling activities to end up profits. In make winning but I never close my gambling with profits.

Maybe you people are very rarely gambling so that you are having many options to do with winnings.
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December 20, 2016, 08:40:58 AM
 #190

I will share my gambling analogy with you guys. Imagine that you hit the jackpot in your national lottery - Lotto or something like that.
And what will you do next? Buy more lottery tickets with every penny you just won? I guess not, because that seems ridiculously stupid.

But that is what most gamblers do, they win some money and waste it all the very next day to fuel their gambling activities.

That's is not a good idea, you are just making yourself one time millionaire and you don't want to cultivate the winnings that you have. Better to think about on how you are going to grow that winnings and gambling will not be the solution for sustaining that profit you got. Because you may win once, but we don't know if that can happen again - we are talking about national lottery.



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December 20, 2016, 08:51:44 AM
 #191

I will share my gambling analogy with you guys. Imagine that you hit the jackpot in your national lottery - Lotto or something like that.
And what will you do next? Buy more lottery tickets with every penny you just won? I guess not, because that seems ridiculously stupid.

But that is what most gamblers do, they win some money and waste it all the very next day to fuel their gambling activities.

That's the greatest mistake a gambler do, after winning and celebrating for a while, they would come back and use their winnings to bet again and again until it was gone and restart again, that's foolish. I even see some gambler after winning, they will give most of their winnings to other players as a tip. Though it sounds good, I think it should still be limited. Remember, you only win, and that winning isn't said that it is infinite.

Better take care of it, keep it and think of something that could make your life better.

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December 20, 2016, 09:37:51 AM
 #192

To be honest, i have like 3 digit of $ now, if i could really turn my 3 digit to 5 digit just by gambling. I would perhaps investing in dividends profit tokens. Betting is too risky when you have huge bankroll as if luck strikes you hard, you could go from 5 digit to 0 in seconds.

By investing $10,000 in profit sharing tokens or investing in casino. Even with 1% weekly, you will make $400 a month. But still, Risk Applied depends on where you invest. But in the long run, casino always got an edge
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December 20, 2016, 10:54:18 AM
 #193

That's the greatest mistake a gambler do, after winning and celebrating for a while, they would come back and use their winnings to bet again and again until it was gone and restart again, that's foolish. I even see some gambler after winning, they will give most of their winnings to other players as a tip. Though it sounds good, I think it should still be limited. Remember, you only win, and that winning isn't said that it is infinite.

Better take care of it, keep it and think of something that could make your life better.
Right, we don't know if the luck we have got yesterday will be in our hands again  today or tomorrow. We should be wise in decision making and always choose the right side. For me, winning a big amount is like a one time opportunity only so don't waste it.

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December 20, 2016, 11:06:45 AM
 #194

That's the greatest mistake a gambler do, after winning and celebrating for a while, they would come back and use their winnings to bet again and again until it was gone and restart again, that's foolish. I even see some gambler after winning, they will give most of their winnings to other players as a tip. Though it sounds good, I think it should still be limited. Remember, you only win, and that winning isn't said that it is infinite.

Better take care of it, keep it and think of something that could make your life better.
Right, we don't know if the luck we have got yesterday will be in our hands again  today or tomorrow. We should be wise in decision making and always choose the right side. For me, winning a big amount is like a one time opportunity only so don't waste it.

Every decision defines who we are if you are a gambler who is addicted or a gambler who is smart and always wins. I prefer being on the winning side and be smart. I like taking chances myself too, like doing a parlay or something.

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arwin100
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December 20, 2016, 11:08:30 AM
 #195

That's the greatest mistake a gambler do, after winning and celebrating for a while, they would come back and use their winnings to bet again and again until it was gone and restart again, that's foolish. I even see some gambler after winning, they will give most of their winnings to other players as a tip. Though it sounds good, I think it should still be limited. Remember, you only win, and that winning isn't said that it is infinite.

Better take care of it, keep it and think of something that could make your life better.
Right, we don't know if the luck we have got yesterday will be in our hands again  today or tomorrow. We should be wise in decision making and always choose the right side. For me, winning a big amount is like a one time opportunity only so don't waste it.

Yes, I agree on you dude. You just need to sets limit on your betting spree. Whether you are lucky or not just set limit on betting. When you where on winning streak and you just bet and bet and bet 'coz of the hunger on winning. But sadly all of your profit where gone 'coz of the 1 lose on betting. Just like this man said "We should be wise in decision making and always choose the right side" yes we should be wise on decision making but i disagree on choosing the right side. I think there is no right side 'coz gambling is based on luck. So if you feel like your profit is good enough then withdraw all your profit then gamble again.

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December 20, 2016, 11:32:19 AM
 #196

If I got winnings from gambling, I will request for a withdrawal and leave the site immediately. I will stop from betting after that. I would share the blessings to my family and relatives, I will volunteer to pay our electric and water bills.

What if that site you have withdrawn is giving you luck everything you gamble to them? Maybe you should keep on continuing to gamble to their site. Because that is going to give you profit continually, but if that is your way. That's good enough, with my way of using that winnings is that I will just do nothing and save it for future.
Well, in that sense you are already investing for the future. And to clarify our luck, you cannot make it consistently, a good way to treat luck is just to bet on big payouts so when you hit a big amount of jackpot you will stop eventually and them proceed to your plan otherwise you will turnover it to gambling sites afterwards.
that's the problem we can't say when luck will be on our way we just waiting for it from time to time that we played gamble and if time comes for us and luck showed up we sometimes misuse it instead of gaining we became greedy and keep playing until it went out and start to lose back for me if chances allow me i will hit big then quit use that money for other ways of earning opportunity like trading or some long term investment with stocks.
I guess we should not be talking too much about luck, instead we why not talk something that we can evaluate and test like a real strategy to be able to win in gambling, luck will just come and go so it's a blessing if we have that sometimes but purely relying on it is not good.

There is no real strategy in able to win in gambling, every time we win that is just base on our luck and as well as few of our skills. But there are times that you can make your own experiment that can lead you to have good amount of profit as you gamble. And about the blessing that is not about luck, it is a gift from God.
I could say that playing gambling does really rely on pure luck but there are games which do require or need some skills and analysis.You mentioned God about giving the blessings on winning money but there are people that dont believe on it besides they are just relying on theirselves only. If i do make huge winnings i would save some parts of it and some ill lend it on playing gambling again.

God doesn't condone gambling as it is forbidden because it is making us greedy which is leading the root of all evil. I guess lending it for gambling again is not a good idea because your money will not secured if you will lend it with that reason. Better to be strict if you will lend it and just avoid that reason of gambling upon approving a lender.

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December 20, 2016, 12:05:33 PM
 #197

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 win in gambling with good amount i would like to use it to build business here in our place so i can always see the fruit of my earnings in gambling. and i will share some of it in less fortunate kids here.

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December 20, 2016, 12:09:24 PM
 #198

What I do is with my winnings actually depends on my mood. Sometimes, I tend to withdraw the winnings into my wallet and wait for another lucky day to try it again, other times, I just use my winnings to play additional games and then try to win more which is not always the case as I always end up losing everything.
are you sure you are not always ended up lost ? as based on your statement above i assume you always keep gambling the winning amount that you have cashed out, don't you? if it's true so, there is a little chance for you to make profit steady through gambling even with bankoll management. you need to enjoy your winning instead to keep playing with that.

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December 20, 2016, 12:21:02 PM
 #199

What I do is with my winnings actually depends on my mood. Sometimes, I tend to withdraw the winnings into my wallet and wait for another lucky day to try it again, other times, I just use my winnings to play additional games and then try to win more which is not always the case as I always end up losing everything.
are you sure you are not always ended up lost ? as based on your statement above i assume you always keep gambling the winning amount that you have cashed out, don't you? if it's true so, there is a little chance for you to make profit steady through gambling even with bankoll management. you need to enjoy your winning instead to keep playing with that.
what i understand is he always ending up losing so he's winning that he doesn't cash out ended nothing but to goes back to the house, as i know most of always did since we are really not satisfied and greediness always defeating our minds.

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December 20, 2016, 12:42:59 PM
 #200

I will share my gambling analogy with you guys. Imagine that you hit the jackpot in your national lottery - Lotto or something like that.
And what will you do next? Buy more lottery tickets with every penny you just won? I guess not, because that seems ridiculously stupid.

But that is what most gamblers do, they win some money and waste it all the very next day to fuel their gambling activities.

When you say it like that, it's almost the same as winning a jackpot in gambling. Everytime you try to gamble, the chances will be a negative profit unless controlled. I agree with your view and understand clearly that if you win an enormous amount of BTC, you should just stop.

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