When do you know is time to walk?

[paxmao]

There is an old song called "Thee Gambler" that goes like this (snipped part), by Kenny Rogers if I am not wrong.
,

He said, "Son, I've made a life
Out of readin' people's faces
Knowin' what the cards were
By the way they held their eyes
So if you don't mind my sayin'
I can see you're out of aces
For a taste of your whiskey
I'll give you some advice"

...

"If you're gonna play the game, boy
You gotta learn to play it right
You've got to know when to hold 'em
Know when to fold 'em
Know when to walk away
And know when to run
You never count your money
When you're sittin' at the table
There'll be time enough for countin'
When the dealin's done

Knowing when to hold'em, knowing when to foldèm are usually part of your ability, training and experience when playing poker or other games that have some math to it, my question for the forum is how do you know it is the time "to walk away" and I also hope that you never get to the point that you need to know "when to run".

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[Vaskiy]

This song doesn't relate poker, it looks like a common song for entire form of gambling. When you don't know when to stop and walk away then it'll be a loss. Maybe a few out of luck profit as they don't stop even after knowing it is the time to walk away.

Taking an opinion poll it'll be clear to see, majority of the gamblers could've turned their life into disaster through gambling and only 5-10% successful out of gambling. This might be out of luck and mathematical understanding.

[bitterguy28]

One of my favorite folk singer , and also one of my favorite song(actually it is my fathers favorite that become mine also over the time)

My father never gamble in His entire life that is why he is sudden when he finds out that i become on , he keeps telling me that to become a successful gambler is to Know when to stand the table.


for me(or for my father rather) the right time to stand is when you think it is enough , either winning or losing but with your self control and presence of mind , you will never become greedy and will always be contented .

[Wexnident]

There's no clear indication now is there? Imo you just know it. It just hits you or something, makes you realize that it's time to well, stop. Heck, most people just stop because they run out of money, but really, if you have enough and just continuously play, there would become a point where you'd just stop and realize that well, it's over (gambling itself). Well if you ever get to the point where you need to run, then you're clearly of the former people where you just keep on gambling, always keeping your money balance close to zero, and clearly, it didn't actually hit you, probably because of adrenaline or something. 

[harizen]

Knowing when to hold'em, knowing when to foldèm are usually part of your ability, training and experience when playing poker or other games that have some math to it, my question for the forum is how do you know it is the time "to walk away" and I also hope that you never get to the point that you need to know "when to run".

You already mentioned it, knowing when to walk or run is part of our ability as we build experience therefore we will just know how to call it once we think it's ready to deploy it.

For when is the specific time to do it, it depends on the game situation so I can't say exactly when as there are lots of instances in strategy-based gambling games.

Anyways, my response has nothing to do with the song but only on dealing with gambling in general.

[robelneo]

Knowing when to hold'em, knowing when to foldèm are usually part of your ability, training and experience when playing poker or other games that have some math to it, my question for the forum is how do you know it is the time "to walk away" and I also hope that you never get to the point that you need to know "when to run".

Gambler's have this I'll get it or I'll win next time mindset, as long as you have this mindset I don't think walking away is your option, if you are deep into gambling somebody have to walk it for you, in my case I can walk away anytime I'm not deep into gambling and as long as I have other interest that is better than gambling, I can walk anytime.

If you are into gambling and you are a chronic gambler it's almost impossible to walk away, when it comes to walking away it depends on how deep you are into gambling.

[Obito]

For me, it's the matter of how many loses have I accumulated in a row, if it's more than what I put into my mind then I know that I will have to walk out of the game before I lose too much. Also, knowing that you have other responsibilities that need those money can help you walk out of the game early or entirely.

[imstillthebest]

i have heard a few of his songs but not this one tho this one is interesting because it talks about gambling .
 the lyrics says that he made a living out of the poker gambling , thats impresive but whats more impressive is he adopt that skill and he can now read someone and give them advices .
 im doing wrong when i play gambling because i keep counting my balance and that decides me to continue or to stop.

[Yaunfitda]

Very difficult to walk away, however, I do always question myself when gambling, and most of the time it's effective to me and I simply just walk away because I already have made a good profit, regardless.

I don't want to put myself in the position to lose my winning and then my capital. I'm not really sure if this made sense to others because usually our decision is clouded. But questioning myself most of the time are very effective to grasp what is going on.

[Rruchi man]

You know it's time to walk away from gambling when it has started interfering with your life and decisions such that you now attach more importance to gambling than other activities.

Another pointer to walk away is when you have been in an unending streak of losses such that it has eaten a big hole into your pocket and is now wanting to cause you depression, in this case of you can run away, you run.

It is not easy however for some to just walk away from a thing like gambling especially if they've been intertwined with it for a while, if you fall into that category that even with all the pointers to walk away, and just can't or couldn't, it is best you seek medical help and join a self care group.

[Jackl87]

There is an old song called "Thee Gambler" that goes like this (snipped part), by Kenny Rogers if I am not wrong.

Knowing when to hold'em, knowing when to foldèm are usually part of your ability, training and experience when playing poker or other games that have some math to it, my question for the forum is how do you know it is the time "to walk away" and I also hope that you never get to the point that you need to know "when to run".

I know this song and i would guess that a lot of people know this song in here because this is an all time classic and even if you are not into country music you probably have heard this song at least once in your life. This song is also used in the trailer of zack snyders movie "army of the dead". I would say that it is obviously very hard to know when to fold your cards and when to hold them because you would need to know what your cards your opponents are having too. So most of the time you know if you should have folded or hold the cards only in retrospect.
Knowing when to walk away is easier in my opinion because you just need discipline to do that. Just set some limits before you start and once you have lost or won a certain amount of money, then it is time to walk away.

[crwth]

I think it's time to walk once you have reached the limit you set on your own. There's just something that you can do with it if you know when to do it. Believing in something that you need to do is the step that everyone needs to do. It's like knowing your limit and acting on it as well.

Running should be immediately understood once you experienced it. You wouldn't want to reach this point.

[Chato1977]

I always set a percentage to win ,  like my range is from x2-x3 winning and i will stand because i know that the longer i stay on table is the more chances that i am gonna lose.

[iv4n]

I never heard of this song before, nice lyrics, looks like a real gambling poem... I like it.

For a taste of your whiskey
I'll give you some advice

Every piece of advice has to be paid, in one or another way! I like this part, it's like that in life. I guess the advice from the song is generally good, learning how to apply them while gambling in moments of excitement is the hard part. Who can do that can hope to become a pro gambler one day whit a nice bankroll and high stakes!

[timerland]

Have a goal in mind - once you cross that line, take profits and enjoy yourself a pint.

Also similarly, sit down and write on a piece of paper what your stop loss is.

This way, you keep yourself accountable and are more likely to not have to walk away with the mindset of "just one more bet". You should be celebrating any win that you get as opposed to sulking that you didn't win more. The latter mindset is what kills players.

[ralle14]

It's easy to know the timing but when i'm in that very moment it's difficult to execute knowing you could continue and make more profits then i'd get greedy and lose it all. Aside from knowing the best decision you also need to have some consistency because even if you know when to stop or walk away you still get that temptation to gamble. Tracking your bets from one site to the other is also another good way to know when to stop I think i've said this in another thread but having your own list gives you that realization.

[fiulpro]

A funny poem..
Sums up most of that things though, I do believe that when you loose more and 80% of your initial investment, you should realize that the luck is not on your side and then walk away. At the same time it is really hard to do so because you are in the moment waiting to win all your money back, but for me if I do reach a point like that, I usually stop.
The ego and the greed are two things that you gotta avoid. These two things would make your loose everything, even more than what you might be fighting for therefore, realize when that's happening and then just close the tab for a while and maybe try some other day.

[STT]

Split your money up at least 7 ways for a daily spend, its harder to do over a month or longer but never gamble just one instance if you have any kind of ambition to win games.  Dont rush, have a budget for the day and if you are not winning you will get the simplest signal in the world to leave which is your balance wont be there to continue.  I'd say its far harder to decide when you do well when to bank some of the gains and walk away then also, probably just when you are tired and feel yourself slipping at all.   Stick to your system

[Oasisman]

This song doesn't relate poker, it looks like a common song for entire form of gambling. When you don't know when to stop and walk away then it'll be a loss. Maybe a few out of luck profit as they don't stop even after knowing it is the time to walk away.

The song does relate to poker too. The author/composer used the poker terms as a reference to express every thoughts he had.
The song isn't limited to gambling as well, It could be expressed in our journey of life daily.
But, because we're in a gambling discussion, I guess I have to agree that the song is for gamblers to realize when to stop and when to proceed in all forms of gambling activities.
It just so happens that the poker reference could pretty much relate to all forms of gambling.

[danherbias07]

I know when to walk away while I still have some spare money for food.  I've been there before playing an open poker room when I was still younger and when there's no such thing as pandemic I still visit there biweekly. I don't think they are still running with all the health and safety protocols.
If some players brings their ATM cards, gold bracelets or other things with value just for emergencies or if they want to gamble more, I just go there with the money I want to spend and if I lose, I always have a spare just so I could still eat before going home. Food lessens the thought of losing, in my case. 
I loss a lot of times because I am not really that pro in poker but I do love the bonding of players in the room and I guess that is what I enjoyed the most and if I win that will be a bonus.