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Author Topic: What would you do with your winnings?  (Read 29840 times)
conected
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January 20, 2017, 02:29:18 PM
 #321

- Depending on the amount large or small
- If large amount of money, I would give up gambling and learn trade, business
- If the amount is small, I would invest in a reputable site
- In summary, I would give up gambling if I win enough money, because I was bored to rely on bad luck


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bestluck
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January 20, 2017, 02:53:43 PM
 #322

- Depending on the amount large or small
- If large amount of money, I would give up gambling and learn trade, business
- If the amount is small, I would invest in a reputable site
- In summary, I would give up gambling if I win enough money, because I was bored to rely on bad luck
I am wonder about your last sentence which says that you will give up after getting a high win because you are bored of your bad luck. Is that possible that if a person will have bad luck in gambling and he is earning a good income from gambling! I think no. As if you will have a good luck then you will win while with bad luck you will not win enough money.
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January 20, 2017, 03:09:12 PM
 #323

Spend some good time with my friends, and put some back to gamble for sure.



What you are going to do with your winning is good to have time with your friends. But if I were you, I will not going to spend all of the money that I won for them. Maybe a very little amount I will have for them and treat them out for some foods with any good restaurant. But I'm selfish when it comes my own money.
although there is always very little chance to make money in gambling, however when i make money in gambling, so very honestly i mostly increase my invested amount in gambling, actually whenever i make money in gambling it give me more hope and compel me to invest more and more but at last my one wrong decision in gambling give a big lost and some time i even lose all the invested money including the winning amount also.
Same to you man!Truly It is quite hard to make money in gambling.However,fortunately when winning any event most of times like to bet my all winning money other event.Sometimes stored in my wallet.Actually it difficult to control that situation when come a winning moment.
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January 20, 2017, 03:15:23 PM
 #324

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 got any profit in gambling than I will Cash out my initial investment in gambling with small profit amount and then again will start gambling from beginning to make more profit .
Because gambling is a luck game why not to try your luck every time when you think that your luck is good .
I am here talking only for extra profit investment to get profit because  sometimes with gambling er can make our mind refresh with small loss of bitcoin .
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January 20, 2017, 03:18:57 PM
 #325

What i do with my winnings is i just keep them all in my web wallet. Because in my past experience every time i kept gambling even if i am winning in the end i just lost everything. I learned that in order to win in a casino you just have to play safe and by withdrawing all your winnings will do the trick.
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January 20, 2017, 03:20:06 PM
 #326

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?

I also do not have the ambition to become rich from gambling, I prefer gambling as entertainment. but every winning I usually buy something instead of returning to play because I believe in the end I'll lose again.
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January 20, 2017, 05:40:38 PM
 #327

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.
Trading is not equal to gambling, when you gamble you have no way to predict the outcome, but in trading you can with the use of tools, analysis and math you can begin to predict with a certain degree of accuracy how the market is going to move.

Certain degree of accuray but not precisely right?  You can predict price in trading but the prediction does not turn to be always right instead often time opposite happens.  Aside from that time frame is also a factor which gambling factored out.  In gambling you can win instantly unless you are up to a scheduled lottery.  I am not saying gambling is better but there are factors where gambling is better against trading.
Correct, there is no way to get your predictions right 100% of the time, but you don’t need to get it right every time, as long as you get 60 to 65 percent of your trades right then you can make good profits in the long run.
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January 20, 2017, 05:44:28 PM
 #328

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?

I also do not have the ambition to become rich from gambling, I prefer gambling as entertainment. but every winning I usually buy something instead of returning to play because I believe in the end I'll lose again.
Well there are some or fewer who are rich in gambling when they are hitting a jackpot.. the fact only owners are turning to be rich more.. because its business and he know what will happen in the future.. its not a good place that we will make a our journey in gambling that honestly there is no hope to be rich in that place..



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January 20, 2017, 05:59:35 PM
 #329

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?

I also do not have the ambition to become rich from gambling, I prefer gambling as entertainment. but every winning I usually buy something instead of returning to play because I believe in the end I'll lose again.

I am absolutely grateful to you, gambling is an entertaining thing, and I am excited, I sometimes add excitement to life, and it is very cheap.

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January 21, 2017, 05:47:46 AM
 #330

Does anyone here do gambling for living?


There are people who are for sure gambling for living, if those gambling operators / owners will be considered, then they are counted as making gambling industry for their own living. Also there are few individuals in this world that are making it as source of their main income, just like those people who are joining poker tournaments and hoping to win millions of bucks.

I think they are not gambling for a living. They are operating a gambling site for a living, that's a better description of them. What I think is a person that gambles for a living are people that actually gamble in casinos or some sort of gambling facility. Maybe a real life example is Dan Bilzerian. He's filthy rich from gambling, go google him!

That's why I said they are making the gambling industry for their own living but if that is good to consider then they are the few people who are making it as for their living. I haven't heard that Dan guy but upon googling him, he is a perfect example of what I've mention that those people who are joining poker tournaments and wins millions of dollars.

Dan Bilzerian is a legend! I'd trade my left nut for his life! He's living the dream life! Women, booze, drugs, cars, planes, all that awesome toys and other stuff! If I had the skills in poker then I'd be gambling for a living and try to be Dan Bilzerian! Though I am not sure if he is really good at poker as I haven't seen him any tournaments. They say he is a high roller poker player though.

When I read his story then I want to be just like him that has financial freedom but I don't do drugs, girls and anything that is going to abuse other people. But the fact that is I don't have any good poker skills, I just play poker if ever I want to. And if I was able to have enough capital by playing poker then I will be inspired by him.

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January 21, 2017, 07:45:26 AM
 #331

- Depending on the amount large or small
- If large amount of money, I would give up gambling and learn trade, business
- If the amount is small, I would invest in a reputable site
- In summary, I would give up gambling if I win enough money, because I was bored to rely on bad luck
I am wonder about your last sentence which says that you will give up after getting a high win because you are bored of your bad luck. Is that possible that if a person will have bad luck in gambling and he is earning a good income from gambling! I think no. As if you will have a good luck then you will win while with bad luck you will not win enough money.
- No no, I'm bored gambling not luck, I do not want to earn money by luck
- I want to have a stable income, stable job. Gambling is not what I want


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January 21, 2017, 08:49:34 AM
 #332

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?

I also do not have the ambition to become rich from gambling, I prefer gambling as entertainment. but every winning I usually buy something instead of returning to play because I believe in the end I'll lose again.
if you have no ambition to become rich from gambling then why are you putting your money in risk here. if one pretend that he play gambling for fun and entertainment, then i will like to say that there are so many other way from where one can enjoy fun and entertainment for free where you do not need put your money in risk. but i think that most of the people play gambling for making money and not for entertainment.
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January 21, 2017, 11:13:46 AM
 #333

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.
I also have that, when I gamble, it's sad to always lose. I always am being careful but somehow, someway, it gets us. It's really sad. But it's okay. There are just times like that. I think you could chase your losses, but be careful and limit yourself. If that happens, just wait 12 hours or a day then try to regain it again.

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January 21, 2017, 11:16:21 AM
 #334

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.
I agree with what your intention is. Letting a day pass because maybe, the house edge could catch up to you. I have experienced that even though I am being careful. I'm often unlucky but of course I have lucky times too but I just became stupid and impatient so I lost.

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January 22, 2017, 06:14:58 AM
 #335

What i do with my winnings is i just keep them all in my web wallet. Because in my past experience every time i kept gambling even if i am winning in the end i just lost everything. I learned that in order to win in a casino you just have to play safe and by withdrawing all your winnings will do the trick.
This is something very common, you win some and then you decide to try your luck and then end up losing all your earnings of the day or even end up losing money, and it is not a nice sensation since you feel that you should have stopped while you were ahead.
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January 22, 2017, 06:26:33 AM
 #336

yes that words is correct, gambling doesn't make you rich but we can still make some profits from gambling and i think isn't only for fun
lots of funny things than we should risk our money, right? of course we still want to win and make huge profits and after make huge profits i will withdraw it and enjoy the money first and will back gambling again next day
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January 22, 2017, 08:13:57 AM
 #337

What i do with my winnings is i just keep them all in my web wallet. Because in my past experience every time i kept gambling even if i am winning in the end i just lost everything. I learned that in order to win in a casino you just have to play safe and by withdrawing all your winnings will do the trick.
This is something very common, you win some and then you decide to try your luck and then end up losing all your earnings of the day or even end up losing money, and it is not a nice sensation since you feel that you should have stopped while you were ahead.
Or much better way is like what you said BossMacko to withdraw your capital after you win or withdraw it all its your choice it is a wiser gambler if you lose it is not hard to let go and if you win thats a good for you ,you're luck is on the way. Don't stock your winnings in your wallet make it move try spending some of legit investment or convert it into fiat then in a real business .
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January 22, 2017, 09:14:16 AM
 #338

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.
Everyone wants to win their losses back. Especially people who lost what they should've kept. I think that practising your methods comes with risk always. It's not full proof and i learned that the hard way. Everytime you gamble, you won't be sure if you'll win or not.

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January 22, 2017, 09:33:50 AM
 #339

I never take gambling as the main source of income as it's the biggest mistake one would commit. Still, if I accidentally get any of my high-odds bets turned green, I get my kids what they want, but earlier. That's the difference it makes whenever I win on something.
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January 22, 2017, 11:35:22 AM
 #340

I never take gambling as the main source of income as it's the biggest mistake one would commit. Still, if I accidentally get any of my high-odds bets turned green, I get my kids what they want, but earlier. That's the difference it makes whenever I win on something.

Well you got a very noble plan there dude nice! I actually feel the same. As an easy going gambler, i think if i won a significant amount, first thing that would come to my mind would be to share it to my family or the people close to me. It's not very often that someone actually wins a good amount so i'd take the opportunity to make the peoplr i care for happy even for a certain time only


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