When do you know is time to walk?

[tyz]

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".

Mathematics and psychology. Preferably in good combination.

The principle of poker is, on the one hand, to be able to read the behavior of the other players, and on the other hand, to be able to calculate very quickly the probability of winning a hand with all the information I have. On the basis of these two factors, depending on the game situation, it is then necessary to weigh up whether to hold or fold.

[rhomelmabini]

Loving the beat and the lyrics of this song to be honest, this looks like the best gambling country song we ever have. This is the kind of song that looks like it comes from experience. Well, to walk away is I guess when you're winning and not wanting more or you're losing and you'll chase them, more like this is what the song was made for.

[TheNineClub]

I'd say it all boils down to having the experience to promptly and correctly assess the situation. That only comes with time and effort and lots of trial and error. So for you to come to that point, you would have to miss that point a bunch of times before.

[DU18]

Honestly I will not sing or play the song on my children , even though I am a gambler but I do not want my children to follow what I have done and I will try to keep them away from gambling.
I got into gambling a few years ago and have probably lost quite a lot and maybe it's time to run (stop) as the lyrics of the song suggest, I think the song has a message deep enough for a gambler to have control strong self when playing the game.

[aioc]

I would not know really when, if you really enjoy gambling I guess it's the people around you that will tell you when you need to walk away, gamblers are always in denial they don't want to be stopped on things they enjoy and they are excited on doing, even to do the extend of putting in their fortune, and divorcing their wife, for me, I can always walk away I have self-control and knows my limitation, I'm old enough and knows my priority.

[bittraffic]

It takes a lot of experience to read the face of someone holding his cards learn them having no ace. But I think I have seen this movie. I have the appetite for western movies really which I sometimes look up on youtube.

Its a situation where the gambler won a stash of money after a hero call. After he won, he wants to stop playing but the other guy dont want him to stop and pull out a gun. It didnt help because he stood up saying enough and walk.

I guess it means, if you are winning learn to stop and time to walk.

[Kong Hey Pakboy]

Loving the beat and the lyrics of this song to be honest, this looks like the best gambling country song we ever have. This is the kind of song that looks like it comes from experience. Well, to walk away is I guess when you're winning and not wanting more or you're losing and you'll chase them, more like this is what the song was made for.

You also should know when to walk away when you're constantly losing remember that money is everything in this world so there's time to walk away when you lose and when you win. I haven't hheard of this song yet but I do know Kenny Rogers, seems a fitting song for gambling.

[alegotardo]

I think this opinion is very personal, there are those who play poker just for fun and only leave when they lose everything.
There are others who go to make money but can't stop playing, while others drop out when they're still on top.
I think that everything is valid, since of course you don't owe anything and don't risk losing what you can't bet on the game.

[KTChampions]

If we are talking about poker and this is a tournament, then we need to play to the end (no other options are provided), if about a regular game, then an increase in my bankroll by 5 times will be enough for me to quit the game. That is, if I increased my bankroll 6 times, then I can continue to play, but if the profit drops to five times, then it's time to finish.

[coin-investor]

If you mean quitting then you are losing everything, the hardest thing is to walk away, gambling is very addictive, when you are at it and you are having fun, it's hard to walk away, it takes a lot of courage to walk away although it's worth to walk away early many gamblers walk away when it's already late.

[madnessteat]

I have developed a rule for myself when gambling the meaning of which is that I leave the game if I manage to increase my deposit by 40-50%. This simple rule helps me not only to enjoy the game, but also to stay with the winnings, though not so often. 

[qwertyup23]

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.

I guess this kind of situation depends on the gambler. Normally, when a gambler is faced with consecutive losses on his bets, the first thing that would come to his mind is to bet again in order to recover those losses. Once they gain that advantage, they tend to bet again until they repeat the same cycle over and over again.

The best time to walk away is when you actually run out of money! I mean, if you were to gamble, try your best to bring only a handful amount of money for that day. When you are satisfied with the amount that you brought, the only time that would convince a gambler to run away is when they have exhausted all of their money.

While I do agree that it sounds crazy, but having a goal (i.e. doubling your money for tonight, etc.) can lower your expectations which would lead you to betting over your budget.

[Silberman]

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".

Since we are talking about poker there is at least one scenario in which the best decision is to walk away, in order to make money in poker then you need to have a few players that are below the average level of the table, if that is not the case and everyone has more or less the same level then the money is just going to move back and forth while the house makes money with the rake and everyone else losses money, so if you see the table and you guess the table has the same level as you or even higher then that is the moment to walk away from that cash poker game.

[virasog]

Loving the beat and the lyrics of this song to be honest, this looks like the best gambling country song we ever have. This is the kind of song that looks like it comes from experience. Well, to walk away is I guess when you're winning and not wanting more or you're losing and you'll chase them, more like this is what the song was made for.

You also should know when to walk away when you're constantly losing remember that money is everything in this world so there's time to walk away when you lose and when you win. I haven't hheard of this song yet but I do know Kenny Rogers, seems a fitting song for gambling.

That's the most hardest part. You continue winning and you will stop thinking its enough for today and you walk away.

But when you are on the losing streak, your stop thinking logically and the only thing in your mind is to play more and more to recover the loss and it never happens. If you are able to walk away, when you initially started losing, you're a champ indeed.

[ninkdwi]

Of course, one thing is for sure, that is, don't use greed and emotion as a means of relying on yourself.
actually things like this are not just for gambling but maybe for everything we do.
at least with us being aware and not getting carried away into emotions and greed we can limit ourselves so that we can determine with a clear head what actions to take so as not to become mistakes and become regrets.
because a person will not be able to stop doing when they have been overcome by emotions and greed.
so know yourself first and don't use your emotions and greed so you can know where to go and where to stop.

[xSkylarx]

I have developed a rule for myself when gambling the meaning of which is that I leave the game if I manage to increase my deposit by 40-50%. This simple rule helps me not only to enjoy the game, but also to stay with the winnings, though not so often. 

Very nice! But I don't think it'll work for me because that's when my greediness kicks in. I can't control or manage my emotions, so I've decided to stop playing. I remember my first time gambling at a carnival, I couldn't sleep that night and I really wanted to go back, so for a week I was always there playing those color games, sometimes winning, sometimes losing, but the excitement was always there. If I win 100 percent of my bet, I usually double it, so I end up losing.

[pawanjain]

I think everyone would have a different opinion on when to walk away. For someone it would be as soon as they have lost their budget.
For some it would be little past their budget and for someone it would be until they have lost it all.
Knowing when to walk away is a good skill to have because it can save us a lot of money that we would have probably lost.
For me the right time to walk away would be when I have lost my budget for gambling.

[mirakal]

I would never forget the message of this song, as a gambler, we could always relate on this.

The words that really struck me are.

There'll be time enough for countin'
When the dealin's done

Sometimes I got too excited, I count my winnings when I'm still gambling, which I realize it's not a good idea as I got greedier every time I do that.
What I learn is to always put a target of winning when gambling and a limit of what you could risk only.

[ShowOff]

For me it's very hard to decide when to take a break from gambling. Usually after a big win or a big loss I take a quick break to see if it makes sense to keep gambling or better call it a night.

You have answered for yourself when is the right time to stop or take a break from gambling and that is after big wins and losing streaks. If you are too eager to win more after winning, you may end up throwing away all your winning simply because you are obsessed with bigger wins. Likewise when you really want to win a bet after a losing streak, you forget that you have neglected the risk of further losses if you want to continue. Quitting is an option, and coming back tomorrow or after.

[Yogee]

... 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".

It's easy for me to walk away during a game when I got nothing left since I limit my gambling budget.

Walking away when you're winning is more difficult than what others may think. I hope you don't mean those you beat will be chasing you with a deadly weapon when you said "know when to run". It sounds funny when you hear those kind of stories but it's actually scary when you see them in person.