Which is easier, stop when you are winning or stop when you are losing?

[imstillthebest]

As a casual gambler, it is easier for me to stop when I lose since my strategy is simple, "go big or go home." I mean, I always play with a planned budget, let's say $25 at the weekend. This $25 is money that often goes to zero when I play lol.

When I won, I used the money to buy stupid stuff, then regret why I bought that stuff. Well, that's how I enjoy my simple life.

the phrase you said  "go big or go home." is kinda popular and i heard that alot on the gambling site that i play  . most people have that vision on there but i guess majority of gamblers are like that too except from me  hehe because my vision is just play for fun  but if i won i be glad and take it out  . i will only stop once i already got bored  . cant say the exact time but that will not be the same depending on my mood   .  on your case , you think that you better gambler for a posiblity to win big than to spend useless stuff which sounds like a good idea

[DoublerHunter]

~snip~
When I won, I used the money to buy stupid stuff, then regret why I bought that stuff. Well, that's how I enjoy my simple life.

^ Wonderful idea bud. That's like gambling, even you are wasting your money buying stupid stuff but in the end, you enjoyed it. Because you can afford it.
Back to the OP, it easy to stop when you have no enough balance to play. But you should always train your mind to stop when you are winning and stop when you are losing. It's a matter of emotions and greed. You have to make sure that you are in control so you can avoid greed starvation. Winning doesn't mean you need to win more. You have to forget the feeling that you might still win more when you already won. Sure win is the thing you have to focus on.

[Docnaster]

For me, it's easier to quit while I'm ahead, than while I'm down.

I think it's just my competitive mindset, I'll often try to recoup my losses by pouring more money in, which has worked out fine for me more often than not.

I know that one day I'll eventually get ruined this way, so I've begun setting strict limits that I won't exceed. It's always better to stop after a win, remember that guys.

[yslyv]

it is easier to stop when losing. because there is a limit of losing. and if you loose everything it is really hard to start from the beginning.

[South Park]

I like to know your opinion about the question because I believe every gambler has a different way of managing himself.

My answer to the question is I can easily stop when I am winning because I am afraid I might end up with nothing since I know to myself that I am not yet consistent enough to win in gambling, however, based on my experience, I can't easily stop when I am losing despite the fact that I already set up a limit to gamble in a certain day or a certain session.

Do we have the same attitude or not?

I do not have any problem stopping myself in either case since I have very strict rules when it comes to that, if I am losing as soon as I lose the amount of money I had decided beforehand then I stop immediately and when I am winning as soon as the time I decided to use for my gambling activities is reached I stop immediately as well, however in my experience when I see other gamblers they have way more problems stopping themselves when they are losing than when they are winning.

[bitgolden]

Definitely stop when losing. Whenever I win it is very difficult to stop because I end up seeing my money going up and up and up so I can't stop, I could make a few bucks here and than a few bucks there and keep going. I guess most gambler here might have experienced that excitements for sure hence there will be no chance at all for stopping after winning.

However, when I am losing its very easy to stop because I see my coins diminishing and that means I will have less and less money the longer I play so its wise to stop. Plus when you try to recoup what you have lost, you end up losing even more so its quite dangerous to do something like that.

[Slow death]

I like Soccer, this is not about money. it is about something I love. Before, I didn't go into the sports betting section, which is why I didn't use the betting site. But I've been playing video games for years (for over 15 years) and I always liked PES (Pro Evolution Soccer) for that reason even when I lose money I don't give up on sports betting. Is very frustrating when the person has a long losing streak. When that happens to me I reduce the value of my bets and try to remember the mistakes I made to correct

[bearexin]

it is easier to stop when losing. because there is a limit of losing. and if you loose everything it is really hard to start from the beginning.

I can get your point but when I am loosing I feel like I will just recover my frequent loss and then just stop so it works as a catalyst for me during gambling to gamble even more. I am not addicted to gambling but it is just my perspective that whenever I deposited I am not feared to loose it all, though obviously I don't want to loose it. That freedom between I don't mind loosing what I have and I don't like losing what I have lost is what makes it harder for me to stop gambling when I am in loss. This is true for dice and other instant virtual games though.

In sports betting I rather like to stop when I feel like it's just not my day and my picks aren't working.

[fullhdpixel]

As a casual gambler, it is easier for me to stop when I lose since my strategy is simple, "go big or go home." I mean, I always play with a planned budget, let's say $25 at the weekend. This $25 is money that often goes to zero when I play lol.

Here you are wrong actually because you actually stop when you win big and and you loose then you don't mind loosing all of it, right?

I mean just re-think about what you are saying once, you loose all $25 and then you would stop or you would stop after you have lost say around $12 from 25 .. you will obviously say you stop at loosing it all so it's actually the fact that you can't stop when you are losing.

When I won, I used the money to buy stupid stuff, then regret why I bought that stuff. Well, that's how I enjoy my simple life.

Haha, I know that feeling I too make such purchases which I don't mean to actually buy when I have some extra funds from either gambling or anything else and I don't mind this habit 1 bit because I have so many more items now which i won't have if I acted miserly.

[magneto]

It's definitely easier for me at least to stop while I'm ahead.

I suggest that crypto gamblers have a setup whereby any BTC that they withdraw in winnings to a fiat bank account are kept their - and they only play with the profits that they make or whatnot. That way, you are sure that even if losses accumulates later down the road, there is too much effort in converting the fiat back to BTC to feasibly go and get more coins to chase your losses with.

But both these activities are just as equally destructive. Have a good mindset and you shouldn't ever have these issues.

[tbterryboy]

For me, it's easier to quit while I'm ahead, than while I'm down.

I think it's just my competitive mindset, I'll often try to recoup my losses by pouring more money in, which has worked out fine for me more often than not.

I know that one day I'll eventually get ruined this way, so I've begun setting strict limits that I won't exceed. It's always better to stop after a win, remember that guys.

For me too because when I have won some certain amount there is a fear that develops inside me that tell me I am about to loose and even as I lose little amount after that I feel like the bad streak is on its way any moment and much easier to stop for me.

Like if I deposited 0.01 BTC and I make it to 0.014 then I must say that it's hard to stop right there but suppose I make loss and come back to 0.013 then it's almost a certain stop from my side because I feel like I am about to loose all I won and this works for me.

But, there are times when I am loosing and it's hard to stop, so yes for me its easier to stop when I am winning rather than when losing.

[Docnaster]

It's definitely easier for me at least to stop while I'm ahead.

I suggest that crypto gamblers have a setup whereby any BTC that they withdraw in winnings to a fiat bank account are kept their - and they only play with the profits that they make or whatnot. That way, you are sure that even if losses accumulates later down the road, there is too much effort in converting the fiat back to BTC to feasibly go and get more coins to chase your losses with.

But both these activities are just as equally destructive. Have a good mindset and you shouldn't ever have these issues.

I actually dont think that would do much to curb the issue.

What's to stop them just playing at a fiat casino? I actually think it might make the problem worse, since they'll then be forced to play at a casino that is even more accessible, thereby fueling the addiction.

I think there should be some sort of bank account option, where users can opt to block deposits to known casino sites. That might work to increase the barrier to entry.

[inthelongrun]

I think it is easier to stop when I am winning. I always have budget limitations on my bettings so it won't be that hard to stop when i'm losing. Stopping to bet when winning is too difficult because it is already free money and as humans we are greedy by nature. This happened to me last late 2017 when I don't want to sell most of my bitcoins because I wanted to become a dollar millionaire by 2018 with my friends (we were bunch of crypto enthusiasts that time hoping to become dollar millionaires by 2018). We ended up losing hundreds of thousands of dollars. Toughest lesson learned on my financial management side. 

[coinfinger]

I can stop easily no matter what the result is because I don't use gambling to make money.

That's really strong will power because myself as a fun gambler I find it hard to stop when I feel like I am in knack of gambling. And I can assure you I am very controlled gambler, but it's hard to stop for me so you must have a strong will power.

if someone can stop when you are winning, that will be good because he can save the winning money for the next days or another thing.

True but there is always a feeling like we could have make more money if we continued. I mean let's assume we find a gold mine and we know we can't dig too much else we will loose all, suppose of it as a game. Now no matter when you stop you will always feel like you could have got a few more .

[IronVCB]

Only two rules needed when gambling:

1. Don't ever gamble with cash you can't afford to lose
2. Quit when you're up

works for me 

[magneto]

It's definitely easier for me at least to stop while I'm ahead.

I suggest that crypto gamblers have a setup whereby any BTC that they withdraw in winnings to a fiat bank account are kept their - and they only play with the profits that they make or whatnot. That way, you are sure that even if losses accumulates later down the road, there is too much effort in converting the fiat back to BTC to feasibly go and get more coins to chase your losses with.

But both these activities are just as equally destructive. Have a good mindset and you shouldn't ever have these issues.

I actually dont think that would do much to curb the issue.

What's to stop them just playing at a fiat casino? I actually think it might make the problem worse, since they'll then be forced to play at a casino that is even more accessible, thereby fueling the addiction.

I think there should be some sort of bank account option, where users can opt to block deposits to known casino sites. That might work to increase the barrier to entry.

I beg to differ in this instance.

Fiat casinos generally are much less accessible than crypto ones, and the barrier of entry are way higher and betting is not real time all the time. They also have a much bigger house edge compared to crypto casinos on average, which are all factors that can deter gamblers.

Of course you could self-exclude from crypto dice sites, but what good is that when you have such a vast array of alternatives that you can choose from? Realistically it's not going to help much.

[seoincorporation]

for me is easier to stop after a nice win than stop while losing. I usually have a goal when i gamble, so, if i don't reach that goal i get busted on the way, but only bet what i can lose, i don't go beyond that point nowadays.

[rexxarofmoknathal]

for me is easier to stop after a nice win than stop while losing. I usually have a goal when i gamble, so, if i don't reach that goal i get busted on the way, but only bet what i can lose, i don't go beyond that point nowadays.

Sounds like a plan formed by somebody who has learned their lesson the hard way.

Good on you for the new strat!

[Swordsoffreedom]

Well, In my case,
Gambling for a long time, I realized that in gambling, success can only be overcome by controlling greed, patience and anger.

When I repeatedly won, after a certain period I stopped playing, I control my excitement and greed and concentrate on other tasks
then I come back again with a normal fresh mind as if nothing had happened.

Likewise, When I lost repeatedly, I control my patience and anger, I give up playing and hold my rest bankroll safe.
Then when my anxiety subsided, I come back again.

[josephdd1]

From my experience I find it easier to stop while losing already rather than keep on playing after a win, and this is the case no matter what game I play, as it seems that as soon as I got a win I can happily go away for a while but when I lose constantly its frustrating to see how easily you lose everything. So, I suppose there's some sort of control when to stop.