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Author Topic: What would you do with your winnings?  (Read 29906 times)
20kevin20
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January 29, 2017, 08:02:26 PM
 #421

Nothing. I always lose it. A few days ago I started with 0.05 BTC and had the opportunity to cash out at 18 btc, but I got greedy and lost it all. It fucking hurts
We always have 2 options with our winning amounts : 1. Withdraw profits 2. Continue gambling.

Why not you try 50% - 50%. It will feed your greedy as well as get you chances to earn big (but comparatively slower).
I like to suggest you to give another attempt with same 0.05BTC but this time secure some profits time to time. Good luck !

I agree with your possible options what you're going to do with your winnings. I hope you are doing that as well. You don't have to be so greedy when doing it. I had already earned much with not that much of investment, but I think if you really play continuously, you are going to lose.

That's cool, this 50-50 idea will also help on deciding whether it is profitable or not. We can know if the winnings will not be able to use again to gambling. Though, There is a need to control once in a while , if it doesn't benefited us that much , that we can't even secure even small amount on it ,or we keep depositing on gambling that makes the winnings negative ,better quit.


Are you sure that the "50-50" idea helps with anything? It doesn't.. because you start with an idea, like "I will only double my money", and even if you triple your money you will be tempted to go for even more bets and so on until you lose either all or at least 85% of your winnings. And you will want once again to gamble..
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January 29, 2017, 08:33:15 PM
 #422

Nothing. I always lose it. A few days ago I started with 0.05 BTC and had the opportunity to cash out at 18 btc, but I got greedy and lost it all. It fucking hurts
We always have 2 options with our winning amounts : 1. Withdraw profits 2. Continue gambling.

Why not you try 50% - 50%. It will feed your greedy as well as get you chances to earn big (but comparatively slower).
I like to suggest you to give another attempt with same 0.05BTC but this time secure some profits time to time. Good luck !

I agree with your possible options what you're going to do with your winnings. I hope you are doing that as well. You don't have to be so greedy when doing it. I had already earned much with not that much of investment, but I think if you really play continuously, you are going to lose.

That's cool, this 50-50 idea will also help on deciding whether it is profitable or not. We can know if the winnings will not be able to use again to gambling. Though, There is a need to control once in a while , if it doesn't benefited us that much , that we can't even secure even small amount on it ,or we keep depositing on gambling that makes the winnings negative ,better quit.


Are you sure that the "50-50" idea helps with anything? It doesn't.. because you start with an idea, like "I will only double my money", and even if you triple your money you will be tempted to go for even more bets and so on until you lose either all or at least 85% of your winnings. And you will want once again to gamble..

What you are telling is about only some part correct , i am also against of going for 50 50 idea, what my way of playing is when ever i am in profit i go for all in withdraw and after some days back i deposit back 50 % of the withdrawl and start back gambling in dice. But when it comes to sports betting i have my own bankroll limit of daily betting and i go with it what ever profit i may gain on that day or previous day i dont change my bankroll daily limit betting system
BitcoinGirl.Club
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January 29, 2017, 08:45:47 PM
 #423

gambling will certainly not make you rich but if i were to win big i would take some time off gambling and spoil myself with tech Tongue
maybe even travel the world  Roll Eyes....and invest in some good altcoins too.

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deadpoolx
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January 29, 2017, 08:58:06 PM
 #424

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?
That is a good question unfortunately in order to make that question to yourself you will need first to obtain profits to being with, even if sometimes you have a winning day or two the most likely outcome is you will lose money in the long term and you will be unable to make that question at all.
It's a matter of what if, what you are going to do when you are blessed with a very high win that you didn't expect. There are some people that say that they are going to open up a business, going to enjoy it with family, etc. Those are the possible things that they are willing to do when they win. So, what is yours?

Certainly it would not be a wise decision to put all the money into a single investment. Therefore, it might be worth using some of this to open a business, another part of that to invest in the market, and also have savings, because you will surely need it in your daily life.
The_Dark_Knight
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January 31, 2017, 12:40:57 AM
 #425

Of course gamblers will always continue on playing even they already won, they can't leave it easily. But for those who gamble for a living, I know they are hoping to win, striving to earn money is fastest way without knowing that there is the other side of it which is failure.

It's normal when you still continue gambling when you won. Because it means you have a money, and you need a money for play gambling. But to keep some profit in your wallet is really important, don't play too much, dont gamble too much, don't spend all of your money to gambling.
yes gambling should always be in a limit. everyone should play gambling upto the limit that he can bare to lose. in backward countries, people play gambling emotionally, they do not have any limit for their gambling, therefore some thing they even lose their own houses, their whole properties and through this way they not only ruin their lives but the lives of their families.
People play gambling emotionally in all parts of the world and not only in third world countries since the games are designed specifically to create an emotional response on the player so he does not play at his best.
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January 31, 2017, 03:24:13 AM
 #426

Of course gamblers will always continue on playing even they already won, they can't leave it easily. But for those who gamble for a living, I know they are hoping to win, striving to earn money is fastest way without knowing that there is the other side of it which is failure.

It's normal when you still continue gambling when you won. Because it means you have a money, and you need a money for play gambling. But to keep some profit in your wallet is really important, don't play too much, dont gamble too much, don't spend all of your money to gambling.
yes gambling should always be in a limit. everyone should play gambling upto the limit that he can bare to lose. in backward countries, people play gambling emotionally, they do not have any limit for their gambling, therefore some thing they even lose their own houses, their whole properties and through this way they not only ruin their lives but the lives of their families.
People play gambling emotionally in all parts of the world and not only in third world countries since the games are designed specifically to create an emotional response on the player so he does not play at his best.
The emotional feeling that is attached depends on the amount of bet you put, if you put bigger money that you cannot afford anymore, that would give you a more thrilling game and when you lose it would affect your emotionally. Thus, as a gambler, we should be aware in order to learn how to response in that situation, we should be responsible enough when dealing with since it's money.

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February 06, 2017, 04:25:23 PM
 #427

I would keep the winnings and use it to continue to gamble as it is my form of entertainment. Although in the end, i may end up losing all the winnings, i already have secure my base btc is still safe. So in this way, i get to gamble and at the same time limit my losses to the minimum.
to me it depend on the winning amount if the winning amount is a good one then i will divide it some for investment and some for shopping.
But my suggestion would be even if your winning amount is relatively small, you must withdraw them and keep  them in new personal wallet instead of keeping on gambling payroll itself. This way, you will prevent yourself accidentally keep on using winning amounts for your further gambling.

We always must concentrate to secure our winning amounts first, otherwise there will be no meaning play gambling like keep on risking all our winning and losing them at the end.
Not only that, what if the casino where you play gets hacked or if you were playing in a casino and then  suddenly one of the employees do a robbery, so don’t let your coins resting in any other place other than your wallet and this applies to exchanges as well.
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February 06, 2017, 06:24:13 PM
 #428

gambling will certainly not make you rich but if i were to win big i would take some time off gambling and spoil myself with tech Tongue
maybe even travel the world  Roll Eyes....and invest in some good altcoins too.
Of course it is obvious that gambling can't make you rich or there is a chance but it is too less. Although you can earn good money
from gambling but that totally depends on the person strategy or maybe his goal. For now investing in altcoins isn't that profitable
when compared to bitcoin till now the only altcoins which actually showed a huge progress is monero. I may be wrong about this
but according to me i think for now it is the best.
lusinda
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February 06, 2017, 06:34:07 PM
 #429

If I win, I will withdraw earnings and transfer them in something real, the I can't bet with. I hope I will have enough patience not to continue betting, because when you too emotional it easy to lose everything.

just_Alice
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February 06, 2017, 06:45:52 PM
 #430

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?

What I definitely wouldn't do is gambling with that profit if it was really big. I wouldn't do that because I know you will lose everything eventually so it's stupid if you were once lucky to win big amount to start gambling with it. I'd withdraw the money leaving probably not more than 1% on my balance to gamble with it in the future.
Bitcoinsummoner
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February 06, 2017, 06:50:39 PM
 #431

gambling will certainly not make you rich but if i were to win big i would take some time off gambling and spoil myself with tech Tongue
maybe even travel the world  Roll Eyes....and invest in some good altcoins too.
Of course it is obvious that gambling can't make you rich or there is a chance but it is too less. Although you can earn good money
from gambling but that totally depends on the person strategy or maybe his goal. For now investing in altcoins isn't that profitable
when compared to bitcoin till now the only altcoins which actually showed a huge progress is monero. I may be wrong about this
but according to me i think for now it is the best.
No i think its hard think to be rich in gambling except in lottery that some people are already rich.. after hit the jackpot price and become rich.. thats impossible to happen with many people.. investing altcoin is the good but if you dont have a good path you will lose..

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February 07, 2017, 12:33:59 AM
 #432

If I win, I will withdraw earnings and transfer them in something real, the I can't bet with. I hope I will have enough patience not to continue betting, because when you too emotional it easy to lose everything.

We really can't say if we are going to bet it again or withdraw it immediately. Because tempt is always there even we badly want to withdraw our winnings but our minds are telling us to keep on gambling so that we can have chance of winning more and bigger amount. It always happens to me and I can't fight with that.

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EdenHazard
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February 07, 2017, 12:46:03 AM
 #433

If I win, I will withdraw earnings and transfer them in something real, the I can't bet with. I hope I will have enough patience not to continue betting, because when you too emotional it easy to lose everything.

We really can't say if we are going to bet it again or withdraw it immediately. Because tempt is always there even we badly want to withdraw our winnings but our minds are telling us to keep on gambling so that we can have chance of winning more and bigger amount. It always happens to me and I can't fight with that.
true , we will never can afford to control ourselves in gambling.

too much pressure there in game, you always imagine something good when you win and want more wining then when you lost struggling to recover the lost . things never went good in the end in this kind game of money.

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February 07, 2017, 01:58:47 AM
 #434

If I win, I will withdraw earnings and transfer them in something real, the I can't bet with. I hope I will have enough patience not to continue betting, because when you too emotional it easy to lose everything.

We really can't say if we are going to bet it again or withdraw it immediately. Because tempt is always there even we badly want to withdraw our winnings but our minds are telling us to keep on gambling so that we can have chance of winning more and bigger amount. It always happens to me and I can't fight with that.
true , we will never can afford to control ourselves in gambling.

too much pressure there in game, you always imagine something good when you win and want more wining then when you lost struggling to recover the lost . things never went good in the end in this kind game of money.
For some irresponsible gamblers, that's true. However, I still believe that there are more people than those who lack controls are enjoying in gambling despite the fact that they lose in the long run. Controlling is one of the important key to enjoy and to last in the game, moreover, if you really want to be safe, you have to learn to control yourself.

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crwth (OP)
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February 07, 2017, 02:23:18 AM
 #435

for the last time i am playing gambling with my litecoin, i am keep in my wallet in the gambling sites and i am waiting for another moment to start playing gambling again. i think i will wait and will keep until i have like 5 litecoin or more and then i will withdraw it into my wallet in the market and then sell it.
I never gambled with altcoins, I am just not interested in doing it but I like to win of course. With my winnings, I just simply spend it to go out with my friends, in that way, I can feel that despite of my past losing experience, I still have a chance to enjoy it.

Winning moment should be enjoy as that does not happen all the time.

It's enjoying if you haven't tried it, then you can just simply visit yobit and try to get free coins there and you can play their dice all they long. This is what I've been doing with my winnings, I just save it if I'm already contented and I want to secure that amount but if I'm still have that crave to gamble, I just visit sites that accepts alt coins.
at first i'm also enjoying with doing this mate because of good bankroll when using alt but suddenly a mistake happen to me and I lose huge amount of alt and sad thing mate that  alt made a huge rise in value so double punch happen to my face making me think for almost 3 days before i realized that it is my mistake, winnings should be enjoyed gambling can be done everyday but winning is not.

it is on your faith sorry to hear that you lost your alt coin, but losing for the second time will make me also thinking for a week. losing your alt coin and then suddenly the value of alt coin you have rises will be a huge mistake from me too. we should consider also if we play gambling we should always take the risk of losing.
Everyone who has gambled probably experienced losing a lot, whether it is an altcoin or our loving Bitcoin. You will never know what can happen with the price of alts because it's ever fluctuating. You should not be greedy considering everything. It's probably because you risk on losing. Better be safe than sorry.

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crwth (OP)
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February 07, 2017, 02:31:11 AM
 #436

I would keep the winnings and use it to continue to gamble as it is my form of entertainment. Although in the end, i may end up losing all the winnings, i already have secure my base btc is still safe. So in this way, i get to gamble and at the same time limit my losses to the minimum.
to me it depend on the winning amount if the winning amount is a good one then i will divide it some for investment and some for shopping.

If I win, then I won't use it for continuing to gamble for that day. I will stop for that day and have fun with that winnings. And also I will going to divide it for investing into more profitable things and I will invest into some more investments. I'll buy also with some things that I need like gadgets, laptop and probably new smartphones.
I'm also not sure if I would continue playing on the same day... this is something that would depend on how much money I had earned at that time. Some people say that when you are earning too much, this may be the right time to stop. At most, I would play again only with part of the winnings.
You have to be satisfied at some point because, in everyone's life, you should be contented with what you have. You never should be greedy. With winning, you already have been blessed with it and probably going to be happy about it, don't overdo it because you will never know when you are going to lose it.

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.Duelbits.
..........UNLEASH..........
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lienfaye
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February 07, 2017, 02:32:19 AM
 #437

If I win, I will withdraw earnings and transfer them in something real, the I can't bet with. I hope I will have enough patience not to continue betting, because when you too emotional it easy to lose everything.
Thats a good idea its better to be wise and think what is the good decision to make, if you will continue to play with your earnings it might take away to you again. spending in more valuable way is the best.
pixie85
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February 07, 2017, 02:58:47 AM
 #438

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

I wouldn't stop gambling, that's for sure. I'd want to honor this hobby of mine that gave me so much money and changed my life for the better.
I'd also take the winnings and split it into 3 parts. I'd spend the first part on the stuff I always wanted to buy like a nice house. The second part would be for investment. I'd buy some bitcoins, maybe some stocks or gold bars. The third part would be for gambling and high risk stuff.
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February 07, 2017, 03:11:20 AM
 #439

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

I wouldn't stop gambling, that's for sure. I'd want to honor this hobby of mine that gave me so much money and changed my life for the better.
I'd also take the winnings and split it into 3 parts. I'd spend the first part on the stuff I always wanted to buy like a nice house. The second part would be for investment. I'd buy some bitcoins, maybe some stocks or gold bars. The third part would be for gambling and high risk stuff.

For sure, when someone able to get good money from an activity(gambling in this case), he/she won't stop doing it. And as you said, you will use only 1/3 of your winning money to gamble again and use 2/3 of those money to do other stuffs make me very impressed. I will follow your path if I had a lot of profit.

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February 07, 2017, 07:36:35 AM
 #440

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

I wouldn't stop gambling, that's for sure. I'd want to honor this hobby of mine that gave me so much money and changed my life for the better.
I'd also take the winnings and split it into 3 parts. I'd spend the first part on the stuff I always wanted to buy like a nice house. The second part would be for investment. I'd buy some bitcoins, maybe some stocks or gold bars. The third part would be for gambling and high risk stuff.

For sure, when someone able to get good money from an activity(gambling in this case), he/she won't stop doing it. And as you said, you will use only 1/3 of your winning money to gamble again and use 2/3 of those money to do other stuffs make me very impressed. I will follow your path if I had a lot of profit.
The first thing is we need to do is to figure out how to win, if you can do that, I guess it is easy to manage our money. Since it's the hardest to accomplish, it should be given more time among others, if we do not stop looking for the winning formula, in the long run we will gonna get it.

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