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Author Topic: How to Protect yourself from Excitement and keep your Winnings Safe  (Read 1573 times)
Juggy777
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March 05, 2019, 04:12:34 AM
 #21

Excitement usually happens when we have a winning streak, it is also the time where we can experience a more greedy moves. The best strategies is either to stop playing or to save some of your profit. Gamblers will always feel the excitement, the result will just depend on how we handle that excitement.

Hey while it’s difficult to control excitement if you practice changing your mindset for 21 days regarding it, you’ll be able to control your excitement. Another way I personally suggest is the use of Affirmations, it could be, I’ll not get carried away, I’ll play responsibly etc. I don’t think a gambler should just stop gambling, cause more he’ll avoid it chances are he’ll end up playing more than what he normally did.
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March 05, 2019, 04:35:49 AM
 #22

Though all contribution will definitely work out on individual because savings in gambling has always be an issue. When I gamble and win, then I set some percentage for the next day game and set the remains to my backup wallet which I have no access to the private key.
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March 05, 2019, 06:43:20 AM
 #23

If i win some btc or alts in gambling then i will only save that then continue to risk the amount that i use example i will hold 0.01 btc everytime in a gambling site for long term and i will withdraw all if i really need money then always withdraw all of my winnings another thing i will double my deposit if i win really big because that's affordable already,Moreover do risk little by little only like that's the recommended to do so your really safe
In gambling, control our feelings is most important thing actually, because when we play especially game like dice, what we need is luck. And make strategy then really do it is key to be success or at least not lose all our money in gambling.

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March 05, 2019, 09:16:46 AM
 #24

That was a great story and advice from you to all of us. One thing that I learn from you is only we that could help ourselves if we have a problem and we should have a strong mind to get out of the trouble.

It might get a challenge, but we need to stick with our plan especially if we want to quit gambling forever. We don't know how long we can control the emotion inside the game because we can lose control in anytime too. But before we are losing all of the money, we need to say to ourselves that we don't have to gamble because we want to leave gambling. I am sure that we can say NO to gambling.

I thought that you would feel difficult for the first time, but for the next days, I am sure that you can say it without a problem.

But yes, if you decide to play gambling still, you can choose to save the win money and send it to another wallet and don't use it if you don't want even if for placing more bets.

Thank you for a good story, and a good lesson and I hope we can take an important lesson from you.

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Questat
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March 05, 2019, 09:21:25 AM
 #25

Good strategy and I'm happy that it works for you.
As for me, I have a different strategy, I normally have a budget for like a certain period in gambling and don't cash out until that period is over.
When you can easily access your money since you are in control of it, this really needs some discipline and I'm happy I have that.

Whatever strategies we have, we need to ensure it's working because in gambling, you only either win or lose, both require proper self management.

Lexus19 (OP)
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March 05, 2019, 12:24:01 PM
 #26

For me it's quite simple.
You play only to double or triple your money(I'm talking about poker).Nothing more.
If you double/triple your money,you just leave the table and start playing 24 hours later with the same start amount from the previous day.If you lose everything,you just leave the table and play again after 24 hours(the moment of tilt will be gone).

If only double or triple your deposit then it will be more easier .  For example  on the Stake.com  I multiplied the initial amount by 1600 . One day I have won   0.11 btc  for 8-10 hours of playing  just from 10k Sat  , it was something like 500$ from  ZERO  because this 10k it was just a tip ,  and when the excitement overwhelms you it is difficult to keep control under myself .  Yesterday I posted a bet of one guy who  won   2.6 BTC just from 100 Satoshi . On the one hand it's cool , but on the other overshadows all sanity .

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March 05, 2019, 12:29:42 PM
 #27

I guess my post is related with this one. Here's the link.

https://bitcointalk.org/index.php?topic=5098112.msg49260152#msg49260152

Excitement and other feelings such as too much happiness, sadness or anger can greatly affect your decision making in gambling. Even though we say that we should set aside someting, if we dont have this control, that hidden fund of yours can be subject to another betting rounds. Always start from strengthening your mindset before doing anything.

I really liked what you said , it's cool .  Always start from strengthening your mindset before doing anything. - Gold Words
Often I have noticed that I do rash actions when I play tired or just woke up and still sleepy . My mind is not strong enough at these moments to resist the excitement .

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March 05, 2019, 08:28:42 PM
 #28

Well, someday ago I met someone who is a regular gambler with a good winning. What he usually do is setting up a goal, after reaching that goal, he stop gambling for that day. For example, his goal is to win 10% a day on his investment. When he reaches this amount, he just quit for that day. I think it's a good idea. It can help someone to control the loss too.
I think that is just the best thing to do. Having a target and setting a goal. Some people are so disciplined that no matter what it promises to look like after then they wouldn’t proceed and that is discipline. It honestly takes great self-discipline to control emotions and excitement while gambling.

I tell myself that I am in control of my emotions and am in charge of myself so I try as possible as I can to stop game when I have made few wins because I have seen from experience that inability to control oneself in gambling leads to loses most times, so I rather be contended with the little gained than losing out of aspiration to gain more.
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March 05, 2019, 09:56:01 PM
 #29

Good that you were able to recover your losses but if you remain in gambling, the tendency of losing your savings again is big. Some people fall into emotional breakdown in this kind of experience and they don't wanna try again. Some just lost appetite in life. I even know someone committed suicide leaving his family in huge debt with out their knowledge at first. 
Johnyz
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March 05, 2019, 10:10:15 PM
 #30

Always be contented for the profit that you have in gambling, don’t continue if you have win already. Some may continue to play will be more excited to earn more but we are not sure if we will goign to another profit or not so stop the excitement and make it real, do save the profit you want.
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March 05, 2019, 11:20:17 PM
 #31

The way to get your profit more safely to your home is very difficult in gambling because if you have money then our mind will not get out from gambling till you are getting all your money when it's so it's all about experience that you have with the gambling will teach you and guide you to make the right decision.

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March 06, 2019, 12:37:18 AM
 #32

after winning, leave the gambling table and have fun. after that, enter again but with a small bet, it will make you safer in playing gambling.
Lexus19 (OP)
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March 06, 2019, 09:21:21 AM
 #33

More simple step is don't gamble for money,just do it for excitement and it need to be enjoyed over stopping.If you want to keep your win amount safe just get out from betting at the moment you have won.

The problem is, we do it for money, not for pleasure .  Sometimes there are times when you can win 100$  or even $1000 just from 1$

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March 06, 2019, 09:46:40 AM
 #34

The problem is that winning relaxes you and give you a feeling to play more. That's what exactly some of online casinos do with newbies by letting them win to make them loose as much as it is possible and get involved by chasing of one more win. The situation is actually different, everything up to person and I do not believe that there is a method of staying cool headed which would suit to everyone.

This often happens with guys in the casino . So 20 years ago I said that it is not terrible to lose money , it is terrible to win money .

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March 06, 2019, 09:56:32 AM
 #35

I think it depends on how much you win.

If someone wins the lottery which is in the multi-millions, they will most likely stop buying more lottery tickets and keep their winnings.

The issue with the people who can't stop gambling are the ones who either lose a lot or win a little.

If someone loses a lot, they will usally keep playing until they get break-even and then they will quit. However for many they never hit break-even and end up losing tons of more money just to recover a small initial loss. Basically losing $1000 because they only wanted to get their $100 back.

If someone wins a little, they will usually keep playing because they "want more" and "its not enough" and what usually happens they will lose what they've won and either quit then or they will get into the negative.

Its basically fear and greed combined and not a good combination.

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March 06, 2019, 11:32:15 AM
 #36

I think it depends on how much you win.

If someone wins the lottery which is in the multi-millions, they will most likely stop buying more lottery tickets and keep their winnings.

The issue with the people who can't stop gambling are the ones who either lose a lot or win a little.

If someone loses a lot, they will usally keep playing until they get break-even and then they will quit. However for many they never hit break-even and end up losing tons of more money just to recover a small initial loss. Basically losing $1000 because they only wanted to get their $100 back.

If someone wins a little, they will usually keep playing because they "want more" and "its not enough" and what usually happens they will lose what they've won and either quit then or they will get into the negative.

Its basically fear and greed combined and not a good combination.
Its always never a good combination therefore as a gambler or even just realizing on your own actions you should do your best to avoid on engaging yourself thru gambling
if you do know that yourself cant able to handle emotion or on being greedy when you do play.

Our motives on easy money will really come out and when we are in the middle of situation where we are on negative we would normally have the same actions
which is to chase our losses which is really a very very bad thing to do.

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March 06, 2019, 12:45:20 PM
 #37

Seems like you are a bright person and you come to teach yourself doing this things,but only one thing comes to my mind and that is

Why not tell yourself to just STOP GAMBLING and find more profitable way without risking your money on this gambling addiction
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March 06, 2019, 02:35:40 PM
 #38

It all depends on how excited you get, I mean if you are one of those people who go crazy when they win and start to spend the money like it doesn't matter than you are going to lose all of it.

My uncle in law once won about 20 thousand dollars from a roulette game by luck and he started to give us some money to keep on gambling, he bought drinks and he was surrounded by women who of course wanted a share of the pie and he bought all of them drinks and took them to the bar and basically had a fun night, by the end of the day he owed the place 2 thousand dollars on top of the 20 thousand dollars he "won" that he spent on that night.

If you are like that, the best way would be to have someone who you have to listen and keep an eye on you, when you go crazy that person will say "stop" and as long as you listen to them you will stop.
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March 06, 2019, 03:30:29 PM
 #39

Excitement usually happens when we have a winning streak, it is also the time where we can experience a more greedy moves. The best strategies is either to stop playing or to save some of your profit. Gamblers will always feel the excitement, the result will just depend on how we handle that excitement.

Hey while it’s difficult to control excitement if you practice changing your mindset for 21 days regarding it, you’ll be able to control your excitement. Another way I personally suggest is the use of Affirmations, it could be, I’ll not get carried away, I’ll play responsibly etc. I don’t think a gambler should just stop gambling, cause more he’ll avoid it chances are he’ll end up playing more than what he normally did.

Very good advice I believe in Affirmationthey it helped me a lot in my life . This is very good Affirmation I will use this  I’ll play responsibly
And you're absolutely right , it's very hard to get rid of gambling . As a very good friend of mine said, Money is the strongest drug .

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March 06, 2019, 04:41:52 PM
 #40

Seems like you are a bright person and you come to teach yourself doing this things,but only one thing comes to my mind and that is

Why not tell yourself to just STOP GAMBLING and find more profitable way without risking your money on this gambling addiction
Facing any loss and quitting that thing is never a better option.

You learn from mistakes and no matter you face loss just try to find suitable games and try to risk minimum amount until you learn from the markets. Gambling is not that bad and also gambling needs a lot of efforts to have profits.

Gambling could be addictive and it is always necessary to control your emotions and excitement so that you won’t turn greedy to eat your profits.
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