Debonaire217 (OP)
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January 06, 2020, 03:46:20 PM |
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In trading, most of the time we try to buy cryptocurrency and if we think we have profit, we sell it and wait for the market to decline for us to start buying again. But in gambling, is it still advisable to play games after we win huge amount of crypto? For me, It could be a good way but we need to consider not fully trusting the system they have, so to transfer the amount to other gambling site is a good way to start all over again. I do really believe gambling sites will try their best to somehow win back profits. What is your opinion?
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lionheart78
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January 06, 2020, 03:56:45 PM |
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It is not a big issue whether you play again after a huge win. It is a typical attitude of a player to do that and there is nothing wrong with it. And, as you stated, they should keep the huge part of the winnings and just allocate a certain percentage of that winnings to play again.
About gambling sites taking back your winnings, I think they do not do that unless you lost in your bet. They cannot take back what you do not bet and you can keep what you withdraw. And if we are not careful, we can lose any amount we had won in a casino because of their house advantage.
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avikz
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January 06, 2020, 03:59:18 PM |
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Keep on playing after a huge gain can be a reasonable option, provided you don't increase the initial amount. Also you need to understand your risk taking capability. Let's assume a scenario below,
Assume, you are playing with $10 in a gambling website and after few bets, you managed to win $1000. Don't increase your bet amount after this win. If you are willing to continue, do it with the initial $10. That makes sense!
Also, majority of the online casinos are provably fair. So there is no chance for those casinos to try and recover your winning. So if you are playing in a casino which is provably fair and verifiable, you can be rest assured!
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shoreno
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January 06, 2020, 04:04:08 PM |
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transfering funds to another gambling site is stil the same as going back to gamble again on the site that you won big . there is no way that a gambling site can manipulate the result after you already won big but that is only a misconception . other gamblers still continue winning right after thier first and second one but this should be forever because sooner or later they will experience to loose if they wont know how to stop as earlier as possible while they still won big .
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bamboylee
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January 06, 2020, 04:09:13 PM |
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For me, It could be a good way but we need to consider not fully trusting the system they have, so to transfer the amount to other gambling site is a good way to start all over again. I do really believe gambling sites will try their best to somehow win back profits. What is your opinion?
If you can't trust their system, why play there in the first place? I believe that we should strike the iron while it is hot. I will keep rolling while I am still winning. I will only stop when the winning slows down.
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crairezx20
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January 06, 2020, 04:14:37 PM |
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That's a good idea but I think you need to change a bit in your actions after you win a big amount. I think if you don't want to lose all of your profit or winning amount better get only the partial amount I think around 20% is enough to start to gamble again to another Gambling casino.
If you lose the 20% then better stop and go home and enjoy the winning amount then treat your self or your family so that you can feel that you win and made a profit.
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Strongkored
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January 06, 2020, 04:16:11 PM |
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I don't think playing again after a huge win will give you an issues, gambling site cannot taking back you win, that's only a paranoid tought from gambler because read some news that gambling site can cheated the users win. Many gamblers will play again after win because they think can win again and again likewise when lose think can recovery the losses, that's why gambler should control their mind.
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Genemind
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January 06, 2020, 04:28:07 PM |
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There should be a target goal so you'll know if you need to stop and you'll know your limits. You should take control of yourself especially when you have reached a good profit or winnings. It's not always profitable to take the risk and luck never comes often. A wise gambler knows when to stop and when to continue playing.
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Pmalek
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January 06, 2020, 04:40:09 PM |
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The gambler in you will tell you to keep on playing, you are on a winning streak. Your brain might tell you that it is time to go home. If the money you won is enough to fulfill some of your dreams and desires, I would say stop.
Most gamblers don't win. If you win once, and you have made a profit, you are already doing better than the majority. Stop while you are ahead.
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MyIdeas
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January 06, 2020, 05:05:55 PM |
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In trading, most of the time we try to buy cryptocurrency and if we think we have profit, we sell it and wait for the market to decline for us to start buying again. But in gambling, is it still advisable to play games after we win huge amount of crypto? For me, It could be a good way but we need to consider not fully trusting the system they have, so to transfer the amount to other gambling site is a good way to start all over again. I do really believe gambling sites will try their best to somehow win back profits. What is your opinion?
In trading if the traders are not sure that they will gain the profit then they do not invest again till a more favorable time or invest in another coin which have potential to rise in the upcoming days or may have an upcoming good news. But in trade the story is different as in gambling we are always unsure that we will win or not even in the bet in which we won huge amount we were not sure from the start. So in this case it will be another risk and will totally depend on the luck of the gambler. I will say to those people that if their target were to win money and they got that target then they have to start a business with that money if they love gambling then they can start a casino while if their target in gambling is entertainment then they can try their luck again.
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Oceat
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January 06, 2020, 05:09:46 PM |
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As long as you're not being greedy in winning and still has a control of yourself without affecting the whole you with your emotions. Yes, you can play as long as you don't lose your capital in gambling since you entered the site. Play safe until you reach your goals or target profit then stop and consider it a day. Play wisely if you think they will try to recover their money.
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3996
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MyIdeas
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January 06, 2020, 05:23:28 PM |
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As long as you're not being greedy in winning and still has a control of yourself without affecting the whole you with your emotions. Yes, you can play as long as you don't lose your capital in gambling since you entered the site. Play safe until you reach your goals or target profit then stop and consider it a day. Play wisely if you think they will try to recover their money.
If a person will win huge amount and after that he continue to play for longer as you suggested then I do not think that he will be able to save that money from losing again as if a person won and he not stopped for a longer time then it means that he got greedy or he is already addicted to gambling. An addicted or greedy person cannot realize that he is losing his won amount again and he continue.
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Juggy777
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January 06, 2020, 05:29:50 PM |
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Keep on playing after a huge gain can be a reasonable option, provided you don't increase the initial amount. Also you need to understand your risk taking capability. Let's assume a scenario below,
Assume, you are playing with $10 in a gambling website and after few bets, you managed to win $1000. Don't increase your bet amount after this win. If you are willing to continue, do it with the initial $10. That makes sense!
Also, majority of the online casinos are provably fair. So there is no chance for those casinos to try and recover your winning. So if you are playing in a casino which is provably fair and verifiable, you can be rest assured!
@avikz you have spoken like a matured gambler and this is one of the best advice I have read here, and hopefully new gamblers will learn from your experience. Though most of the casinos are probably fair, but if he ends up playing on some random casinos then he might have a problem hence I would request the op to only play on reputed casinos which have a Ann on this forum.
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electronicash
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January 06, 2020, 05:45:32 PM |
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For me, It could be a good way but we need to consider not fully trusting the system they have, so to transfer the amount to other gambling site is a good way to start all over again. I do really believe gambling sites will try their best to somehow win back profits. What is your opinion?
If you can't trust their system, why play there in the first place? I believe that we should strike the iron while it is hot. I will keep rolling while I am still winning. I will only stop when the winning slows down. yep why play in that platform if you don't trust it. provably fair can be checked but of course if on your intuition. if you encounter problems in withdrawing your winnings, that's when you think something is up and better move on to another platform to play again. its not a question of whether its reasonable, its all up to you. i myself doesn't always like playing dice nor blackjack but will mostly bet on sports. this i think will always be fair and will truly trust.
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MyIdeas
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January 06, 2020, 05:55:29 PM |
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For me, It could be a good way but we need to consider not fully trusting the system they have, so to transfer the amount to other gambling site is a good way to start all over again. I do really believe gambling sites will try their best to somehow win back profits. What is your opinion?
If you can't trust their system, why play there in the first place? I believe that we should strike the iron while it is hot. I will keep rolling while I am still winning. I will only stop when the winning slows down. yep why play in that platform if you don't trust it. provably fair can be checked but of course if on your intuition. if you encounter problems in withdrawing your winnings, that's when you think something is up and better move on to another platform to play again. its not a question of whether its reasonable, its all up to you. i myself doesn't always like playing dice nor blackjack but will mostly bet on sports. this i think will always be fair and will truly trust. Some people think that there is a systematized software in a dice or blackjack that is why they often stop and some people have their earning targets so they also often stop or some people have a daily target and they have to stop for that day which is good for getting some mental relaxation. In your case you have a nice choice as betting on sports cannot be doubted because the sports are not in control of the casino owners and the result of that bet will be provided to your from the sports team.
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radjie
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January 06, 2020, 05:58:13 PM |
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it depends on your belief whether you want to continue the game or vice versa after getting a big win, most importantly do not have the greedy nature to be able to get a bigger win and it is strongly recommended not to spend all your capital. preferably 75% of the winnings that have been obtained, we can first withdraw it to our wallets, so that later we are not trapped when facing successive defeats because of having the curiosity to be able to return the capital spent
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Steamtyme
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January 06, 2020, 06:06:45 PM |
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I do really believe gambling sites will try their best to somehow win back profits. What is your opinion?
They will, it's called the house edge. No casino is in it to lose money and the odds are always in their favor. Now if you are worried about losing the funds you have on that site - your bankroll - to anything but more gambling then you don't trust the site and should leave. Now if you trust the site, there is nothing wrong with continuing to gamble, just remain at the stakes your bankroll can support. If you significantly increase your bankroll with wins then you could presumably increase your betsizing if that's what you care to do, or just keep it the same level if that's what you enjoy. Me personally, I pull some of the win out so that I reap the reward and let the rest sit on the site - I trust where I game - to handle the variance and downswings. This way I have taken profits, and can still reasonable play well into the future if I hit a losing streak without having to deposit again. Some people think that there is a systematized software in a dice or blackjack that is why they often stop and some people have their earning targets so they also often stop or some people have a daily target and they have to stop for that day which is good for getting some mental relaxation.
If someone thinks that a site is targeting them and they continue to gamble there they are fools, simple. Either the site is provably fair and they are foolish to think they can't loose, or the site isn't provably fair and they are fools for playing there.
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South Park
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January 06, 2020, 06:39:07 PM |
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In trading, most of the time we try to buy cryptocurrency and if we think we have profit, we sell it and wait for the market to decline for us to start buying again. But in gambling, is it still advisable to play games after we win huge amount of crypto? For me, It could be a good way but we need to consider not fully trusting the system they have, so to transfer the amount to other gambling site is a good way to start all over again. I do really believe gambling sites will try their best to somehow win back profits. What is your opinion?
If the game is truly random then it does not matter, the odds of the game are not going to change and whether you should keep playing or not should depend on other factors, however there have been cases in the past in which fiat casinos were found cheating their customers and as you may imagine a great scandal followed, so if you are playing in a casino that still does not have a good reputation then it could be a good idea to get your money out of it not necessarily because they will cheat you in the game but because you have no way to know if they will actually send you your coins to a wallet you control.
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DoublerHunter
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January 06, 2020, 06:52:40 PM |
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But in gambling, is it still advisable to play games after we win huge amount of crypto?
^ There's nothing wrong with it, I guess if you trust the gambling site platform that you use and you believed what they have a provably fair algorithm system they used. After winning a huge amount if you doubted them you can transfer your fund into another gambling site or transfer into your main wallet. This is a case to case basis and it will depend on the gambling site I use. I know it is hard to defeat the house edge but if you will win, your luck will be there and playing after winning will depend on you. Nevertheless, always use a reputable gambling site before you made a deposit.
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Nadziratel
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January 06, 2020, 07:21:34 PM |
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In trading, most of the time we try to buy cryptocurrency and if we think we have profit, we sell it and wait for the market to decline for us to start buying again. But in gambling, is it still advisable to play games after we win huge amount of crypto? For me, It could be a good way but we need to consider not fully trusting the system they have, so to transfer the amount to other gambling site is a good way to start all over again. I do really believe gambling sites will try their best to somehow win back profits. What is your opinion?
If you can, you need to realize earnings. But usually during gambling this is not possible. Monetization is a very dominant instinct. And it can easily influence you.
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