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Author Topic: What would you do with your winnings?  (Read 29895 times)
wxa7115
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January 17, 2017, 09:15:01 PM
 #261

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?
Wanting to win in a game is natural and I think no one plays a game with the intention to lose, but when you gamble you must know the math is simply not in your favor and that you are not going to win, that is why you gamble only for fun and not to win.
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January 17, 2017, 10:23:42 PM
 #262

Hopefully, I will have the good sense to invest it in something worthwhile.
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January 18, 2017, 01:40:00 AM
 #263

Hopefully, I will have the good sense to invest it in something worthwhile.

That's a good way of using your winnings but to be specific what is/are the investments that you think that can be worthwhile for you? For me, I will use it for trading and I will save it for holding and if I keep on winning, I will use some of it for using as my capital in gambling so that my capital will be safe already.


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January 18, 2017, 01:46:28 AM
 #264

Hopefully, I will have the good sense to invest it in something worthwhile.

That's a good way of using your winnings but to be specific what is/are the investments that you think that can be worthwhile for you? For me, I will use it for trading and I will save it for holding and if I keep on winning, I will use some of it for using as my capital in gambling so that my capital will be safe already.

Trading is a good way of retaining your wealth and possibly increasing it too. You just have to learn how to trade though, at first it will be hard to learn it and you will lose some money. Don't worry it's part of the learning curve. Then you can also try to invest in casinos. It's a good long term investment too.
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January 18, 2017, 03:08:33 AM
 #265

Hopefully, I will have the good sense to invest it in something worthwhile.

That's a good way of using your winnings but to be specific what is/are the investments that you think that can be worthwhile for you? For me, I will use it for trading and I will save it for holding and if I keep on winning, I will use some of it for using as my capital in gambling so that my capital will be safe already.

Trading is a good way of retaining your wealth and possibly increasing it too. You just have to learn how to trade though, at first it will be hard to learn it and you will lose some money. Don't worry it's part of the learning curve. Then you can also try to invest in casinos. It's a good long term investment too.
instead to make your gambling earning for trading which for me it is a similar thing , trading = gambling at some point. will be better to invest it all on something like gold or in store your profit to buy bitcoin and hold it!

you should have a passive income beside an active income, then the answer is to invest it on something real.

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boyptc
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January 18, 2017, 03:09:56 AM
 #266

Hopefully, I will have the good sense to invest it in something worthwhile.

That's a good way of using your winnings but to be specific what is/are the investments that you think that can be worthwhile for you? For me, I will use it for trading and I will save it for holding and if I keep on winning, I will use some of it for using as my capital in gambling so that my capital will be safe already.

Trading is a good way of retaining your wealth and possibly increasing it too. You just have to learn how to trade though, at first it will be hard to learn it and you will lose some money. Don't worry it's part of the learning curve. Then you can also try to invest in casinos. It's a good long term investment too.

Yes investing in casino's is also one of the best way to invest with our winnings. Even though the returns are not that too high but it is better because it is legit than other scam investments. If you do have a big amount of winnings then you are good at investing there so that you can also have higher returns of profit whenever you want to cash out.


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Leverage Driven CLMM + DLMM Model
───▸Dynamic Fee Structure   ───▸Revenue Sharing⠀
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January 18, 2017, 07:58:15 AM
 #267

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 keep on winning in gambling, i would first save it.  When I have enough, I want to put up a business.  Something like supplement business and accept bitcoin as mode of payment.  My own little way of supporting Bitcoin economy.
That's great if you always win in gambling, everyone wants that. When you have enough, you should stop and continue the next day. You could earn little by little if you have the patience for it, that's what I do. Still, losses occur because luck isn't always on your side, hope that it is. When a business has been put up accepting bitcoin as payment, it serves as an advertisement that could benefit the economy.

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January 18, 2017, 08:21:28 AM
 #268

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 keep on winning in gambling, i would first save it.  When I have enough, I want to put up a business.  Something like supplement business and accept bitcoin as mode of payment.  My own little way of supporting Bitcoin economy.

I would rather keep my winnings and reinvest it to gambling again to keep on winning more.  Then if I have enough, I will give part of it to my parents, and continue gambling with the rest.  I just hope I keep winning so I can give money to my parents aside from the share they get from my day job.

Have you already won a lot and tried to invest it again in gambling? If so, it's good to keep winning. It's a great goal that you are planning to give back to your parents. If I had a big win, for sure I would give back to my parents. It's not everyday that you win, share some with your love ones, and that would make you feel better.

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January 18, 2017, 10:03:54 AM
 #269

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 keep on winning in gambling, i would first save it.  When I have enough, I want to put up a business.  Something like supplement business and accept bitcoin as mode of payment.  My own little way of supporting Bitcoin economy.

I would rather keep my winnings and reinvest it to gambling again to keep on winning more.  Then if I have enough, I will give part of it to my parents, and continue gambling with the rest.  I just hope I keep winning so I can give money to my parents aside from the share they get from my day job.

Have you already won a lot and tried to invest it again in gambling? If so, it's good to keep winning. It's a great goal that you are planning to give back to your parents. If I had a big win, for sure I would give back to my parents. It's not everyday that you win, share some with your love ones, and that would make you feel better.
People do have different decision regarding on their money or winnings on gamblings some might do the things that you mentioned on which giving back to your parents or loved ones but others uses it on their personal stuff and personal interest.It does really matter but for me i would just save my money for future purposes.

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January 18, 2017, 10:55:36 AM
 #270

I think everyone here is a fool to think that they do not take their winnings and simple turn them into losings. I win some, I lose a lot, I have fun in a process thats what it is all about, right?

If you have money to lose, that's really the reason for gambling. Gambling was made for making money in an instant with high risks, that's how simple it works. You lose a lot because you have certain strategies that make you rich fast but comes with a high risk and you can handle it. Unfortunately, not everyone can afford to lose or not even thinking about what its cost. Just gamble and lose everything.

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January 18, 2017, 11:00:31 AM
 #271

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 keep on winning in gambling, i would first save it.  When I have enough, I want to put up a business.  Something like supplement business and accept bitcoin as mode of payment.  My own little way of supporting Bitcoin economy.

I would rather keep my winnings and reinvest it to gambling again to keep on winning more.  Then if I have enough, I will give part of it to my parents, and continue gambling with the rest.  I just hope I keep winning so I can give money to my parents aside from the share they get from my day job.

Have you already won a lot and tried to invest it again in gambling? If so, it's good to keep winning. It's a great goal that you are planning to give back to your parents. If I had a big win, for sure I would give back to my parents. It's not everyday that you win, share some with your love ones, and that would make you feel better.
People do have different decision regarding on their money or winnings on gamblings some might do the things that you mentioned on which giving back to your parents or loved ones but others uses it on their personal stuff and personal interest.It does really matter but for me i would just save my money for future purposes.
yes every one has the right to use the money legally as they wish.
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January 18, 2017, 11:01:47 AM
 #272

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?
Actually profit in gambling is about impossible because in gambling it is not possible that your every bet you get win because it is just chance of luck to earn  that much profit .
But if you have some better experience about sports then you can bet and make better amount of money .
In my past I had never made every time profit . Once I made profit from 0.001 to 0.012 that was a awesome day that I made profit .
I cash out half of the winning and then again gone for the betting with rest of btc .

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January 18, 2017, 11:50:08 AM
 #273

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?
Actually profit in gambling is about impossible because in gambling it is not possible that your every bet you get win because it is just chance of luck to earn  that much profit .
But if you have some better experience about sports then you can bet and make better amount of money .
In my past I had never made every time profit . Once I made profit from 0.001 to 0.012 that was a awesome day that I made profit .
I cash out half of the winning and then again gone for the betting with rest of btc .
Winning and earning is definitely possible but it's also inevitable that you'll lose money in the process. It would depend on how responsible you are with your winnings to avoid regrettable results.if i were to win big with any gambling sites or casinos's i'd think twice or thrice about betting it again. Most likely i'd keep the winnings that i've had and if i want to continue gambling, i'd start again with he exact amount i started before i won. Then same process. If i've exhausted all my capital then i'd leave. The winnings i made would be saved in my btc wallet to be used for future tradings

 
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January 18, 2017, 11:52:10 AM
 #274

Hopefully, I will have the good sense to invest it in something worthwhile.
In my case i use my faucet and giveaways bitcoin to gamble and it is really for fun, i am not good in controlling but after i use my faucet and giveaway bitcoins i used to gamble as a spending time and make my sad day happy. Well,just for a moment.

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LuanX3
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January 18, 2017, 11:55:16 AM
 #275

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?
Actually profit in gambling is about impossible because in gambling it is not possible that your every bet you get win because it is just chance of luck to earn  that much profit .
But if you have some better experience about sports then you can bet and make better amount of money .
In my past I had never made every time profit . Once I made profit from 0.001 to 0.012 that was a awesome day that I made profit .
I cash out half of the winning and then again gone for the betting with rest of btc .

Yes it is better to bet on sports gambling but not always. There is a reason why in sports there are odds that offset the results to make some kind of equilibrium in the chances and we don't all just bet on the money line. It's much more fun to bet also if there are favorable or unfavorable odds against your team.
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January 18, 2017, 12:02:55 PM
 #276

Winning and earning is definitely possible but it's also inevitable that you'll lose money in the process. It would depend on how responsible you are with your winnings to avoid regrettable results.if i were to win big with any gambling sites or casinos's i'd think twice or thrice about betting it again. Most likely i'd keep the winnings that i've had and if i want to continue gambling, i'd start again with he exact amount i started before i won. Then same process. If i've exhausted all my capital then i'd leave. The winnings i made would be saved in my btc wallet to be used for future tradings
The fact that you cannot control the outcome in gambling, you must have another plan when things does not go on what you are expecting. We all aiming for profit but there are times we are really unlucky, hence, we will be tested on how to react in such situation. If we are smart enough we will limit our loses and stop.

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January 18, 2017, 12:32:08 PM
 #277

Winning and earning is definitely possible but it's also inevitable that you'll lose money in the process. It would depend on how responsible you are with your winnings to avoid regrettable results.if i were to win big with any gambling sites or casinos's i'd think twice or thrice about betting it again. Most likely i'd keep the winnings that i've had and if i want to continue gambling, i'd start again with he exact amount i started before i won. Then same process. If i've exhausted all my capital then i'd leave. The winnings i made would be saved in my btc wallet to be used for future tradings
The fact that you cannot control the outcome in gambling, you must have another plan when things does not go on what you are expecting. We all aiming for profit but there are times we are really unlucky, hence, we will be tested on how to react in such situation. If we are smart enough we will limit our loses and stop.

There are greater times when I gamble I am unlucky, I don't know about you guys. That's my luck. But when I do get to profit and I reached a target profit, I just cash out and never look back. That's my strategy, though I seldom was able to use it. If I lose my bankroll I just stop and also never look back on my losses. Chasing losses is the number one cause of losing every penny a gambler has.
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January 18, 2017, 12:42:21 PM
 #278

Winning and earning is definitely possible but it's also inevitable that you'll lose money in the process. It would depend on how responsible you are with your winnings to avoid regrettable results.if i were to win big with any gambling sites or casinos's i'd think twice or thrice about betting it again. Most likely i'd keep the winnings that i've had and if i want to continue gambling, i'd start again with he exact amount i started before i won. Then same process. If i've exhausted all my capital then i'd leave. The winnings i made would be saved in my btc wallet to be used for future tradings
The fact that you cannot control the outcome in gambling, you must have another plan when things does not go on what you are expecting. We all aiming for profit but there are times we are really unlucky, hence, we will be tested on how to react in such situation. If we are smart enough we will limit our loses and stop.

There are greater times when I gamble I am unlucky, I don't know about you guys. That's my luck. But when I do get to profit and I reached a target profit, I just cash out and never look back. That's my strategy, though I seldom was able to use it. If I lose my bankroll I just stop and also never look back on my losses. Chasing losses is the number one cause of losing every penny a gambler has.


Luckily your mindset is good since yoy cannot lose in that instance and same as me also if i win, i would surely let the day passes by before i gamble on the site i play since i believe if i play back i would turn out losser in the end of the day for it. And actually we can't blame those gamblers who choose to chase their losses since they are also the one whos gonna win such huge money from it since they can afford to risk their luck.

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January 18, 2017, 02:07:29 PM
 #279

Winning and earning is definitely possible but it's also inevitable that you'll lose money in the process. It would depend on how responsible you are with your winnings to avoid regrettable results.if i were to win big with any gambling sites or casinos's i'd think twice or thrice about betting it again. Most likely i'd keep the winnings that i've had and if i want to continue gambling, i'd start again with he exact amount i started before i won. Then same process. If i've exhausted all my capital then i'd leave. The winnings i made would be saved in my btc wallet to be used for future tradings
The fact that you cannot control the outcome in gambling, you must have another plan when things does not go on what you are expecting. We all aiming for profit but there are times we are really unlucky, hence, we will be tested on how to react in such situation. If we are smart enough we will limit our loses and stop.

There are greater times when I gamble I am unlucky, I don't know about you guys. That's my luck. But when I do get to profit and I reached a target profit, I just cash out and never look back. That's my strategy, though I seldom was able to use it. If I lose my bankroll I just stop and also never look back on my losses. Chasing losses is the number one cause of losing every penny a gambler has.


Luckily your mindset is good since yoy cannot lose in that instance and same as me also if i win, i would surely let the day passes by before i gamble on the site i play since i believe if i play back i would turn out losser in the end of the day for it. And actually we can't blame those gamblers who choose to chase their losses since they are also the one whos gonna win such huge money from it since they can afford to risk their luck.
Yup, we don't have rights to blame them those who chase their losses, we don't know that lose money how much important for them. But that method is not right sometimes if we are lucky we will get back our loss in same game, if we don't have luck then we will lose more money. All gamblers know this truth, but still, people will make this mistake again and again. I don't know how to stop that kind of players.
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January 18, 2017, 02:17:12 PM
 #280

Winning and earning is definitely possible but it's also inevitable that you'll lose money in the process. It would depend on how responsible you are with your winnings to avoid regrettable results.if i were to win big with any gambling sites or casinos's i'd think twice or thrice about betting it again. Most likely i'd keep the winnings that i've had and if i want to continue gambling, i'd start again with he exact amount i started before i won. Then same process. If i've exhausted all my capital then i'd leave. The winnings i made would be saved in my btc wallet to be used for future tradings
The fact that you cannot control the outcome in gambling, you must have another plan when things does not go on what you are expecting. We all aiming for profit but there are times we are really unlucky, hence, we will be tested on how to react in such situation. If we are smart enough we will limit our loses and stop.

There are greater times when I gamble I am unlucky, I don't know about you guys. That's my luck. But when I do get to profit and I reached a target profit, I just cash out and never look back. That's my strategy, though I seldom was able to use it. If I lose my bankroll I just stop and also never look back on my losses. Chasing losses is the number one cause of losing every penny a gambler has.


Luckily your mindset is good since yoy cannot lose in that instance and same as me also if i win, i would surely let the day passes by before i gamble on the site i play since i believe if i play back i would turn out losser in the end of the day for it. And actually we can't blame those gamblers who choose to chase their losses since they are also the one whos gonna win such huge money from it since they can afford to risk their luck.
Yup, we don't have rights to blame them those who chase their losses, we don't know that lose money how much important for them. But that method is not right sometimes if we are lucky we will get back our loss in same game, if we don't have luck then we will lose more money. All gamblers know this truth, but still, people will make this mistake again and again. I don't know how to stop that kind of players.
Dont bother on this thing since we cant really change this thing on gambling world and this thing would really happen again and again.We cant stop it thats why for us people who knows and have strong realization on consequences of playing gambling do really have an advantage compared to those person who still plays and keep chasing on their losses.

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